Du Xin, Xi 'an 1992, Du Xin, Xi 'an became the richest man in Hainan.
1993, Xian was elected as a member of China People's Political Consultative Conference.
He became the first CPPCC member in Hainan province except government officials.
Xian believes that during the period from the first day to the tenth five-year plan, he will pay New Year greetings to the people of Hainan through television, advertisements and great fanfare.
1994, Forbes ranked the richest people in China for the first time, and Xianduxin entered the top 10 with total assets of 500 million yuan, ranking behind Liu Yonghao of Hope Group and Zhang Hongwei of Oriental Group.
This little guy living in Hainan Island suddenly surfaced at the age of 33 and became a dazzling star in the business world.
"My assets were sold at that time 10 billion, but Liu Yonghao started soon, so I didn't dare to do much publicity. I feel that someone is blocking in front, which is good.
"Many good said.
He didn't take the title of the richest man in China seriously.
"I value CPPCC members more. This is a special recognition that private enterprises can take to the political stage.
It is worth mentioning that 1994, Xi 'an Du Xinfa issued 27 million yuan of corporate bonds, which were printed with his signature and printed by a special banknote printing factory.
"It can be said that I am the first private enterprise in China to issue bonds. The bond cost 1 1,000 yuan, which was issued nationwide and sold out in a few days.
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Xian, the current chairman of Hainan Longhua Development and Construction Co., Ltd., is doing what he believes-the preliminary project of Haikou Yangshan Leisure Park, which covers an area of more than 8,000 mu, has started construction, and he goes to the construction site almost every day. This tourism real estate project, with a total cost of several billion yuan, will be all the support for his comeback.
Walking to tourism real estate, Yangshan Leisure Park, located in Longqiao Town, Longhua District, Haikou City, is a comprehensive tourism real estate project that integrates many rich units such as eating, living, traveling, traveling and entertainment.
More than 50 million yuan has been invested so far.
Haikou Longhua District Government has previously approved Hainan Longhua Development and Construction Co., Ltd. to be solely responsible for the planning, investment promotion and development management of the project.
The company was jointly funded by Du Xin and Longqiao Town Government in Xi 'an, holding 5 1% shares.
At present, Xian believes that he has bought all the shares of Longqiao Town Government into his own name.
As a former "real estate king" in Hainan, Xian firmly believes that he is familiar with the real estate field.
1989, Xian established a real estate development company and entered the real estate industry in Hainan. By 1994, he has covered more than 4000 mu of land in Hainan province.
That is, in this year, Xian was convinced that he was ranked third in Forbes China's rich list with assets of 500 million yuan, ahead of him were Liu Yonghao Brothers and Zhang Hongwei.
But at the age of 33, Xian Xinghai was the youngest billionaire at that time.
Macro-control led to the bursting of Hainan property market bubble 1995. More than 50 billion yuan has been invested in real estate projects in Hainan Island, and the land price has dropped sharply.
Due to misjudgment, Xian thinks that the loss is heavy.
Since then, he left the company, leaving only a shell for his brother to take care of, and moved to Chongqing, Hunan and other places to do anti-counterfeiting labels, monitoring equipment, travel networks and other businesses, but it has not improved much.
Compared with the current situation, Xian believes that the real estate bubble in Hainan in the 1990s was mainly due to the fact that the funds for housing development at that time mainly came from banks, and the people took turns speculating on land and uncompleted residential flats in the form of "passing the package".
However, at present, the funds of Hainan real estate market mainly come from enterprises and individuals, which are real private funds. The national strength has long been different, and there is no real estate bubble.
The strategy of missing the best opportunity to become an international tourist island has triggered the rapid expansion of Hainan's real estate market in a short period of time and created another group of billionaires. More than 0/00 developers nationwide have completed their strategic layout in Hainan.
Xian believes that although he returned to Hainan in 2005 to develop real estate, he still missed this excellent opportunity.
"There is a story behind this, which wasted me more than two years.
Xian believes that Haikou Volcano National Forest Park is several times larger than Yangshan Leisure Park.
In 2005, Xian returned to Hainan and jointly developed the Volcano National Forest Park with Liu Yonghao.
"At that time, the government granted us 32,000 mu of land for the project, and I wanted to make it bigger with Liu Yonghao and then package it for listing. I think this is a project that allows me to expand my hands and feet.
However, in September 2007, the xiuying district Municipal Government of Haikou finally signed the Cooperation Agreement on Yangshan Land Consolidation and Ecological Restoration Project with Hong Kong Junhao Tourism Development Co., Ltd., and handed over the Haikou Volcano National Forest Park project to Hong Kong Junhao.
Xian said: "The government hopes to introduce more powerful enterprises for overall development and discuss with me the transfer of Haikou Volcano National Forest Park project to Junhao Group.
At the same time, Xi 'an has completed the approval and preparation of the project, and has invested more than 5 million yuan.
In 2008, Xian was persuaded to give up the development rights of the above projects, including the office building he built for himself.
Xian, who sat in front of the reporter, talked about these past events, which was somewhat lonely.
"Because of this project, I didn't participate in the projects in Sanya and Haikou. To tell the truth, I lost the most.
But I never blame others, because these are my own choices.
Regarding whether I can regain the title of the richest man in Hainan, Xian firmly believes: "I have never given up my career, but I am not so ambitious.
Many people, including my family, have this expectation for me, hoping that I can stand up and become bigger again. I can only say that I won't give up and I will work hard.
"Yangshan leisure park project will be a long-term development process, and the return will take time.
Xian believes that he still has some land in Hunan, Sanya, Haikou and Qionghai. "I'm going to hand it all over and put all my energy into the Yangshan leisure park project. This is definitely a new opportunity.
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