After staying in Chou Country for a few days, Zhang Zhonghua returned to Hong Kong Island.
When he returned to Hong Kong Island, he didn't take much rest. Zhang Zhonghua went to the office on the top floor of the Jade Emperor Building and looked directly at the financial reports. Several retail companies have done very well this year. It is no exaggeration to say that they are making money every day.
, it’s even a little understatement, the daily income is more than a bushel of gold.
The restaurant brand of Panda Catering Company, a subsidiary of Yuhuang Group, has nearly 9,000 branches around the world. The average profit of a single store has also dropped to about 100 US dollars. This is still lower than the average by stores in Southeast Asia.
profit.
Even so, the restaurant's daily profit is more than 9 million US dollars, which directly makes back all the investment in fixed assets around the world. The overall results are very gratifying.
Carrefour Supermarket has more than 1,000 branches worldwide, and most of them are super comprehensive supermarkets with an area of about 6,000 square meters.
Carrefour Supermarket has more than 60 subsidiaries. Now, after deducting high operating costs, the profit of a single store of Carrefour Supermarket has reached 60,000 US dollars. Carrefour's loan from Yuhuang Bank is as high as 3 billion US dollars.
Not counting Carrefour in Japan, Carrefour supermarkets in Europe have only been making money for less than a year. It is estimated that the profit within two years has just been earned back to the store. Mainly because of the overwhelming number of holidays in Europe, which is also a big pitfall.
.
art convenience store has more than 23,000 directly-operated stores around the world. The average profit of a single store is close to about 300 US dollars, and the daily profit exceeds more than 6 million US dollars. In Europe, it exceeds 120 days a year.
Holidays also dragged down overall profits.
All convenience store stores are properties held by Yuhuang Real Estate Company. The profits from Carrefour supermarkets and restaurants provide sufficient ammunition for convenience stores to expand their territory.
Excluding Carrefour supermarkets, the cash cows Zhang Zhonghua can count on are almost 4 billion U.S. dollars in profits a year at art convenience stores. The catering and retail industries will be robbing money in the next few decades. Only after the rise of online shopping in the new century will the retail industry
Profits have gradually decreased, but they still cannot be underestimated.
Yuhuang Electrical Appliances is developing well, and its product lines are becoming more and more abundant. However, as the competition in the home appliance industry becomes more and more fierce, profits are also declining.
Moreover, once an electrical product is purchased, it can last for several years. If the company wants to develop, it can only continue to add new products. The R&D cost is also a large investment, and it is basically impossible to count on it in a short time.
Yuhuang Precision is developing very well now. It has spun off more than 40 small companies from Yuhuang Electrical Appliances and Yuhuang Kitchenware. Each small company specializes in one product, and then Yuhuang Precision unified production. Now it has many products.
Also exported to European and American countries.
Various products have gradually reached the forefront of the world, especially the mold area, which is quite good, and has also received many orders from Japanese automobile giants.
Yuhuang Xingdao Newspaper should be the fastest growing company. Lin Xingzhi not only acquired The Sun in London, but also entered an important stage of acquisition negotiations with The Times.
Not only did Yuhuangxingdao Newspapers begin to acquire the second and third-ranked newspapers in various European countries, but Chouguo also acquired the New York Post and the Los Angeles Times. Relying on the huge financial supply of the Yuhuang Group, the entire Yuhuangxingdao Newspaper Company
Island Newspaper is also becoming more and more crazy on the road to acquisition.
The newspaper company has more than 30 newspapers of various types, and magazines such as "Harper's Bazaar," "Global Travel," "Movie Weekly" and so on, are truly giants.
During the acquisition process of Yuhuang Xingdao Newspaper, a lot of capital was injected again. In order to maintain the shares in Yuhuangxingdao Newspaper, Hu Xian voluntarily withdrew from the Asian Associated Press and used the shares of the Asian Associated Press in exchange for funds.
Her shares were not diluted too much.
Today's Yuhuangxingdao Newspaper has also become a global newspaper giant, spanning at least seven continents and four oceans, six continents and four oceans except Antarctica.
Even the future media giant Rupert Murdoch would tremble when he saw it.
The Asian Associated Press has continued to grow following the pace of the newspaper, and all the newspaper's reporters have been assigned to the Asian Associated Press. Of course, as a shareholder, Hu Xian also received a lot of compensation.
The Asian Associated Press has more than 5,000 full-time journalists around the world, and countless part-time reporters in the periphery. The Asian Associated Press has basically reached the number one position in the world.
Of course, the Asian Associated Press's investment is also a big hole that cannot be filled. It is better to wait until the satellite is launched before starting to undertake external business, otherwise it will not be able to compete with AFP and the Associated Press.
This year Zhang Zhonghua once again purchased 2 billion US dollars of gold from the London gold market. Counting the gold invested in April last year, he has accumulated 3,800 tons of gold, which is more than one-sixth of the country's gold reserves in 1952. All of this gold
It was gradually transported to Zhang Zhonghua's secret treasury, and the people guarding the treasury were all Zhang Zhonghua's dead men.
Last year, the total global gold production was about 1,400 tons, while South Africa's gold production reached more than 930 tons, accounting for two-thirds of the world's total gold production. Mao Xiong's gold production of 190 tons ranked second in the world.
Zhang Zhonghua thought that these 3,800 tons of gold were pitifully small and would not be enough for the world to use for one year in the future. Aerospace, integrated circuits, chips, etc. were all big consumers of gold.
The Bretton Woods monetary system formed an international monetary system centered on the U.S. dollar after its establishment in July 1944. Due to the frequent outbreaks of U.S. dollar crises and U.S. economic crises, it will be completely disintegrated in about a year.
In mid-March 1968, the U.S. gold reserves outflowed more than 1.4 billion U.S. dollars. On March 14, the trading volume in the London gold market reached a record of 400 tons. Now two years later, the London gold market is trading every day.
The volume is close to 1,000 tons. Fortunately, the current international gold price is floating around US$355.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! The general accounts of Yuhuang Group, the current capital is only about 1.2 billion US dollars, and the loans of Yuhuang Bank are also 3.6 billion US dollars, and there is still one year to go.
, we must continue to hoard funds to purchase gold.
Zhang Zhonghua carefully studied the financial statements. Currently, the largest occupancy of funds is the purchase of Carrefour supermarket properties in Europe. It seems that it is better to suspend the purchase and prioritize hoarding gold. One year is still very tight.
After the disintegration of the Bretton Woods system, the Federal Reserve refused to sell gold to foreign central banks, which caused many chain reactions around the world.
The U.S. dollar continued to depreciate, and European countries began to sell U.S. dollars, which led to a rush to buy gold and German marks. Several European countries also reached cooperation agreements. The Federal Republic of Germany, France and other countries implemented "joint floating" on the U.S. dollar and fixed it with each other.
Exchange rate. Other major Western currencies have also implemented floating exchange rates against the US dollar, and the fixed exchange rate system has completely collapsed.
The depreciation of the US dollar has also affected the global monetary system. The Japanese yen has maintained an exchange rate of 1:360 for 20 years and has also begun to appreciate significantly. It seems that we still need to hoard more Japanese yen and German marks. This is pie in the sky.
reap the benefits of being a fisherman.
Zhang Zhonghua couldn't help but laugh when he thought of the German mark and the Japanese yen. Now the largest number of items in the company's account is the Japanese yen, followed by the currencies of various European countries, and the US dollars received are basically invested in various countries.
The Japanese yen would have appreciated to about 300 yen per US dollar in 1972, and almost reached about 270 yen per US dollar in 1973. It had been forced to appreciate in the late 1970s, not to mention after 1986.
This is an opportunity to make money. In three years, the appreciation of the yen has reached about 33. The current annual interest rate of deposits in Japan is only 53, and the loan interest rate is only 76.
Zhang Zhonghua thought of this and had a good plan to make a fortune. The Yuhuang Group could issue financial bonds in Japan. Not only would it have capital to enter other industries, but the bonds would also make a lot of money as the yen appreciated.
Jade Emperor Group can entrust Jade Emperor Bank to issue financial bonds. The term of the financial bonds is set to 3 years, and the annual interest rate of the bonds is set well.
Needless to say, the credit rating of the Yuhuang Group is completely trivial. Maybe Japan’s banking industry will also vigorously purchase bonds.
Issuing billions of dollars of bonds in Japan, after three years the interest will be paid and the principal repaid according to the agreed interest rate of 75%. The loan is in Japanese yen in US dollars, and the repayment will definitely be in Japanese yen in US dollars.
By doing this, not only can you use the funds for free for three years, but you can also earn 10% interest as the yen exchange rate appreciates, which is much better than free prostitution.
Issuing financial bonds enables enterprises to raise stable and flexible funds, providing financial support for the development of enterprises. Generally speaking, Yuhuang Bank has three sources of funds: absorbing user deposits, borrowing and issuing funds from other financial institutions
bonds.
Taking deposits is not a good way to raise funds. Once the economy is in turmoil, depositors will rush to withdraw funds, resulting in an unstable source of funds. Borrowing from other commercial banks or financial institutions will cause problems in the use of funds.
Many troublesome problems arise, and there is also the possibility of breaking the contract.
Issuing financial bonds does not have these problems at all. The bonds cannot be exchanged in advance before maturity and can only be transferred in the market, thus ensuring the stability of the funds raised.
Of course, there are many benefits to issuing bonds. Enterprises must not only have a good credit foundation, but also have strong profitability to repay debts, otherwise it will be illegal fundraising.
These problems are completely trivial to the Yuhuang Group. Carrefour supermarkets, art convenience stores, restaurants, Yuhuang Electrical Appliances, etc. all have good credit guarantees, and their properties are countless, and they have the ability to repay after issuing bonds.
Strong guarantee.
The main purpose of Zhang Zhonghua's bond issuance is to enter the commercial real estate field in Southeast Asia and Japan. It would be good to build hundreds of commercial plaza projects early. No matter how commercial stores surge in the future, it will have no impact on the retail industry under the Yuhuang Group.
Zhang Zhonghua summoned the management personnel of the group's finance department, legal department, and bank.
Forty people from several departments who were summoned sat in the conference room and looked at each other. What is the big boss going to do? It’s been a long time since I’ve called so many people to a meeting!
Is this a corporate financial investigation of the entire group? You must know that no one dares to engage in corruption and bribery nowadays. The big boss’s eyes are spread throughout all parts of the group. No corruption can escape the eyes of the big boss. Many
People were sent to Africa to mine because of corruption. Among them were even old men who had been with the boss since the early days.
Zhang Zhonghua walked into the conference room, sat on the main seat, clapped his hands, attracted everyone's attention, and then said: "Everyone, Yuhuang Real Estate is going to begin to fully enter the commercial real estate field in Southeast Asia and Japan. It plans to invest in all major
The city has built several Jade Emperor Plaza projects.
The Yuhuang Plaza project is a commercial complex designed by the architectural firm Tadao Ando. It includes all aspects of clothing, food, housing and transportation, that is, a comprehensive square project integrating eating, drinking, and entertainment, and of course a commercial office building project.
In addition to Hong Kong Island, such a Jade Emperor Plaza project covers an area of about 150 acres, and one in Southeast Asia costs about US$30 million.
Of course, the various costs in Japan are much higher, and one there may cost about US$100 million.
As for the source of funds, I plan to issue group bonds in Japan and Europe. The main country that issues bonds is Japan. I invite everyone here to discuss the issue of bond issuance."
"Boss, how many Yuhuang Plaza projects are planned to be built? How many bonds will be issued?"
This chapter is not over yet, please click on the next page to continue reading! Group Financial Director Xin Xiaoling asked directly.
“The first phase of construction here in Southeast Asia is probably 100 buildings, and the first phase in Japan is probably about 30 buildings.”
Zhang Zhonghua said.
"Conservatively calculated, it should be between US$5 billion and US$6 billion, and it can be repaid in about two years."
Xin Xiaoling's mind turned quickly and she quickly gave a result.
"Well, the issuance period of the bonds should be set at three years. It is best to start the issuance next week. It is expected to take a few days to promote it."
"Now the annual interest rate of bank deposits is around 53, and the interest rate of financial bonds is slightly higher than the interest rate of time deposits in the same period. In three years, it is more suitable to be between 68 and 73. In this way, other commercial banks can also make stable profits when purchasing."
Legal Director Tang Yang said.
"Let's study the specific amount of the issuance, the face value of the bonds and the distribution situation. The property purchase of Carrefour supermarkets in Europe should be temporarily stopped, and we can continue until the capital turnover here starts."
Zhang Zhonghua said.
Xin Xiaoling's financial staff also began to calculate with pens. When repaying the principal and interest of the bonds, they must not affect the development of the companies under the Yuhuang Group, which is also a troublesome matter.
The U.S. economy is about to face the Great Depression that will last more than ten years, the unemployment rate will continue to increase, and the profits of electrical products will continue to decline.
Zhang Zhonghua laughed when he thought of another ace cash cow. The global market for calculators is quite large, enough to support debt repayments and enough funds to hoard gold.
Unfortunately, the current chips are not enough, resulting in arcade machines that are still not interesting, and the playability and entertainment are still not enough.
