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Luo Jinxing, a Hakka man who was born in the military, turned out to be the first real estate boss in China's Shenzhen reform and opening up

Recently, I saw an article on the Internet describing a retired soldier who engaged in real estate development in Shenzhen, the reform and opening up, and became the first real estate boss on the mainland. This person is luo Jinxing, a Hakka family.

Luo Jinxing, a Hakka man who was born in the military, turned out to be the first real estate boss in China's Shenzhen reform and opening up

It is said that in 1950, 15-year-old Luo Jinxing joined the military academy, and later crossed the Yalu River to participate in the War to Resist the United States and North Korea, and became a signal soldier in the rain of bullets and bullets.

A few years after returning to China after victory in the War to Resist US Aggression and The United Korea, Luo Jinxing was suddenly transferred from deputy director of the Huiyang Regional Post and Telecommunications Bureau to the Shenzhen Municipal Real Estate Administration As deputy director.

In the early 1980s, although the state opened its mouth to carry out reform and opening up pilots, there was no foundation, no support policies, and no construction talents that conformed to the development trend of the times, which made it difficult for him, a deputy director.

Friends in Hong Kong told him that you can sell land, turn land into money, and build money. Because the land is state, it cannot be bought and sold. Luo Jinxing used "compensatory trade" as an "excuse" to carry out cooperation between the government's land, Hong Kong businessmen's money, and profit sharing, and this unprecedented practice was undoubtedly at the expense of his future.

The blind cat touched the dead mouse, and Luo Jinxin's method not only won the approval and support of the superior leaders, but also the Hong Kong businessmen rushed to talk about cooperation with him. Profits have rolled in since then, and he has earned a large bucket of gold.

In 1987, the land policy was successively introduced, the state further opened up the land policy, and the Shenzhen Municipal Government did not want to fall behind, and quickly seized this once-in-a-lifetime opportunity.

Luo Jinxing, a Hakka man who was born in the military, turned out to be the first real estate boss in China's Shenzhen reform and opening up

In order to further promote the development of Shenzhen, the Shenzhen Municipal Government decided to hold China's first "open auction". This is a big move for Shenzhen, and the major media have reported it, which instantly sensationalized the whole country.

The auction is for a scenic plot of land in the Shenzhen Reservoir alone, with a total area of 8,588 square meters, which is planned to be used in a residential area for a period of 50 years.

This amazing news made Luo Jinxing ecstatic, as the head of the leading enterprise leading shenzhen real estate, he should and must support the auction, after all, the Hua Kui who won the "first auction of China's land" has major historical, social and economic benefits for him

On the afternoon of December 1, 1987, the thrilling "auction" began, and the upper limit of the auction of Luo Jinxing was 5.3 million yuan, and 44 companies competed to show their cards.

The reserve price of the auction increased from 2 million yuan to 50,000 yuan, Luo Jinxing knew that the major merchants must have brightened their cards, and he did not participate in the first stage of competition until one party called for 3.9 million yuan, and he only showed the cards for 4 million yuan in one fell swoop, and the people on the field exclaimed and applauded continuously.

When the land price reached 4 million yuan, there were few competitors left, and several major merchants struggled to support it, and the auction price soared all the way to 5.2 million yuan. Luo Jinxing finally unveiled a sign of 5.25 million yuan, and the applause on the field sounded thunderously.

The last few major merchants finally could not support it, and gave up the bidding price one after another, with the hammering sound of "5.25 million times, 5.25 million times twice, 5.25 million times, and the transaction", so the camera scrambled to focus on Luo Jinxing, and he showed a happy smile.

Luo Jinxing was confident about the land he had won, because the reform of the land law allowed him to operate the land in a justifiable manner.

I don't say that the latter things are also very clear to everyone. He has land, he has funds, and in this part of Shenzhen, he is like a fish, smooth sailing.

As the old saying goes, when iron becomes gold, it is transported to gold into iron. He just happened to have a good opportunity, and he was in a good position, and he had a good friend, as well as the pressure and support of the leader, and the time and place were favorable, and he took advantage of it. Therefore, he succeeded in one fell swoop. It's a hero of the times. Without this situation, no matter how smart people are, they can't become heroes. If he did not hold the position of deputy director of real estate at that time, there was no division of labor for him to engage in real estate development, and there was no 1/4 of the funds required for the project allocated by the superior. The god of luck will not come upon him. Although there are external conditions, his own military temperament of daring to break through and act is the basis for success.

(Some of the material in the article comes from the Hakka Alliance)

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