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Netizens questioned
In 2015, the jaw-dropping news spread quickly on the Internet that Pan Shiyi, a famous real estate tycoon, had made the puzzling decision to sell the landmark Lingkong Building on the Bund in Shanghai for only 3.05 billion yuan, which he had spent 12.3 billion yuan to build.
What is even more bizarre is that Pan Shiyi also tried to sell his shares in SOHO China, which he had operated for many years, to the well-known investment company Blackstone Group, although it eventually failed due to the intervention of the regulators.
This series of operations has undoubtedly raised the suspicions of the outside world.
Various speculations and comments soon appeared online. Some people believe that Pan Shiyi may have been affected by policy regulation and control, and had to liquidate assets on a large scale.
This speculation is not unfounded. Careful netizens found that while Pan Shiyi was frantically selling assets in China, he also purchased a number of luxury houses and high-quality commercial buildings in the United States.
For example, he bought a townhouse in Southern California for about 26 million yuan and a commercial building for 600 million yuan. What's even more exaggerated is that he also bought a 40% stake in Manhattan's famous landmark automobile building for a sky-high price of up to $700 million.
In the face of such a huge "cash outflow," the outside world could not help but question: What is Pan Shiyi's intention? He has stressed in public on several occasions that he is a Chinese citizen and holds a Chinese passport.
But now it seems that what he has done has fallen far from what he promised.
SOHO Philosophy
To trace Pan Shiyi's current business empire, we have to mention his lover Zhang Xin. As the de facto controller of SOHO China, Zhang Xin has been instrumental in the establishment and development of the company.
Back in 2001, when the whole of China was setting off a wave of reform and opening up, Pan Shiyi and Zhang Xin, two young people with dreams, went south to Guangdong without hesitation and opened a new chapter in their lives.
Together, they founded SOHO China, starting from the ground up.
At that time, SOHO China's slogan was "Innovative and Unique". The company's development philosophy is rooted in these eight words. In the division of labor, Pan Shiyi is mainly responsible for architectural design and marketing, while Zhang Xin focuses on corporate financial management and project design.
The two complemented each other and worked together very well, and soon carried forward the unique concept of SOHO.
SOHO's innovation is not only reflected in the creation of an open and interactive modern office building, but also contains the concept of green, environmental protection and humanization. Pan Shiyi hopes to create a sense of "home" for employees, so that they can feel at home in the business district.
From the day the SOHO Modern City project began, Pan Shiyi personally walked to the construction site and supervised the progress of the project day after day. Dressed in plain overalls, he sweated profusely and walked around every corner, patiently explaining his design concept to the workers.
Pan Shiyi's persistent spirit infected everyone present, and everyone tried their best to move forward towards this dream.
Sure enough, SOHO China has made a name for itself in just a few years, becoming an emerging focus in the industry. Top international media such as Time Magazine and the Wall Street Journal have taken the initiative to interview Pan Shiyi, hoping to explore the mystery of this innovative idea.
In China, Pan Shiyi has also won the lofty titles of "Asian Real Estate Industry Leader" and "Founder of China's Commercial Real Estate".
All the achievements are inseparable from the outstanding vision and perseverance of Pan Shiyi and Zhang Xin in the initial entrepreneurial stage. They use practical actions to interpret what it means to be "unique and unique".
Life is a kaleidoscope
Despite the booming career, Pan Shiyi has never rested on his laurels, but has extended his tentacles to many other fields, showing his strengths, and receiving countless applause and praise.
In 2014, Pan Shiyi suddenly announced that he had donated up to 600 million yuan to Harvard and Yale, two prestigious American universities, which undoubtedly caused an uproar in public opinion at the time.
After all, the problem of people's livelihood and education in many poor areas in China is still very serious, and Pan Shiyi's approach is more or less suspected of "curying the knee to the outside world".
In the face of doubtful voices, Pan Shiyi did not Robot. In the program of the famous host Jin Xing, when directly asked "why did you choose to donate abroad", he calmly responded: "Actually, I sponsor poor Chinese students studying at Harvard, not directly to Harvard University."
Pan Shiyi also did what he said. Soon, he founded the "Pan Shiyi Foundation", which not only donated funds to build a school in Tianshui, Gansu Province, but also provided financial aid and scholarships for students from poor families across the country.
This has added another layer of positive comments to the outside world's impression of him.
In the same year, Pan Shiyi appeared in the popular variety show "Longing for Life". In front of the camera, he personally made a pair of exquisite badminton rackets for Zhang Jike, one of the leading actresses and a famous athlete, showing his sports cells and ingenuity.
Whenever he spoke eloquently in the show, bursts of cheers broke out from time to time at the scene, which shows his beautiful demeanor.
Photography is also an important hobby that Pan Shiyi loves. He has taken photographs of works such as "Portrait Series of Chinese Entrepreneurs" and "56 Nationalities under My Lens" from a unique perspective, vividly showing the unique charm of Chinese culture.
These works have an excellent reputation in the industry, reflecting Pan Shiyi's unique understanding of beauty.
From public welfare and charity to variety shows, from artistic creation to other fields, Pan Shiyi can be described as so
Omnipotent. He is using his practical actions to interpret the life creed of "love life once and do your best". No matter where he is, he is pursuing self-sublimation and value realization at the spiritual level.
This kind of broad-mindedness and bearing is the key to his respect from everyone.
Evacuation is imminent
Although Pan Shiyi has repeatedly emphasized his loyalty to the motherland and holds a Chinese passport, his recent series of operations have caused many doubts and doubts from the outside world, and instead make people think that he intends to take the opportunity to "run away with money".
Back in 2014, when SOHO China was at its peak, Pan Shiyi suddenly made a jaw-dropping decision - he donated a huge amount of 600 million yuan to Harvard and Yale, two prestigious American universities.
For an industrialist, the amount of money is staggering enough to make one wonder whether he intends to move the money overseas.
Soon afterward, Pan Shiyi spoke bluntly on the TV show that he chose to donate overseas because it would help offset some of his taxes. Undoubtedly, these words were too clear, and immediately aroused strong dissatisfaction and doubts from public opinion.
The outside world accused him of being careful and not doing his job, and it was difficult to hide the disappointment in his tone.
Entering 2015, Pan Shiyi's series of operations pushed the suspicion of the outside world to a climax. He first sold the famous landmark Sky Building on the Bund in Shanghai at an ultra-low price of 3.05 billion yuan far below the market price; He then tried to sell his stake in SOHO China to Blackstone, a well-known investment firm, although the deal eventually fell through with regulators' intervention.
Judging from these actions, Pan Shiyi seems to be intending to realize all his assets in China. The question is, where will this money end up? The answer is self-evident – he is spending heavily on prime commercial and luxury homes in the United States.
It is understood that Pan Shiyi purchased a luxury townhouse in Southern California at a price of about 26 million yuan; He also spent up to 600 million yuan to acquire a top commercial building in Los Angeles.
What's even more exaggerated is that he actually bought a 40% stake in the landmark automobile building in Manhattan, New York, for a sky-high price of 700 million US dollars.
In the face of such a huge "cash outflow", the outside world can't help but start to suspect Pan Shiyi's true intentions. He has repeatedly flaunted his "Chinese heart" in public before, but now it seems that what he has done has fallen far from what he promised.