The wealthy people in white robes had a tacit understanding, and they all chose to drink only drinks, especially the yogurt that seemed to nourish the stomach, which was the most popular.
All walks of life are still short of funds, and a large number of enterprises are desperately waiting for funding.
Representatives from GAC, Guangzhou Pharmaceutical, Guangzhou Construction Bank, China Merchants Bank, and many urban investment companies have been sent to help answer questions at any time.
Some companies are actually not short of money, but no one would object to having too much money on hand. Sufficient cash means there is an opportunity to expand and seize the market. This is indeed a good opportunity to expand scale.
After Su Yehao learned about the list, he found it interesting.
Looking around, apart from myself, there is not even a private company. It is estimated that the news of the arrival of this inspection team is limited to a certain small circle.
As a result, the group of people here tonight may not necessarily be the most in need of money, but they must be the most well-informed.
In addition to always feeling that management supervision is not in place and efficiency is a bit low, Su Yehao has no prejudice against these companies.
He even feels that an economic model with state ownership as the main body and multiple ownerships coexisting has natural advantages. At the very least, it is good for most people. It not only provides a large number of jobs, but also regulates the market and effectively curbs the occurrence of crises.
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Also give examples of bank bad debts from previous years.
It would be a disaster for any European and American country. It is just a little more troublesome in the mainland. It is just a throw away. When the financial crisis occurred in Southeast Asia, it was not harvested.
State-owned enterprises are not just chasing profits. While providing a large number of employment opportunities, they can also complete some tasks that private enterprises are unwilling to do. For example, the subways under construction in major cities are impossible to make money based on the charging standards.
If it were developed by a private company, the fare would be doubled and it would be considered a reasonable price.
In addition, there are monopolistic industries such as tobacco and energy. At least most of the profits are then used where they should be used, instead of being concentrated in the hands of a small group of shareholders.
Shuo Shu will definitely have it.
It's just that Su Yehao likes to look at problems from a macro level more and more, and will not completely deny the benefits just because of a few mouse droppings.
If the mainland had also tightened the Internet industry, the dividends arising from the development process could be spent in the form of fiscal revenue and continued to be invested in development and construction and people's livelihood projects.
In Su Yehao's hands, it becomes his own personal wealth. As long as he is willing, he can take it overseas without any problem.
Comparing the two, there is no doubt that the former is more in line with the interests of the vast majority of people. This is the difference.
Nowadays, state-owned enterprises and private enterprises are competing with each other, and foreign companies have come in to disrupt the situation, revitalizing a lot of stagnant water and unleashing amazing potential. Last year, hundreds of millions of migrant workers came to work in cities, and this year it is expected that tens of millions more will be added.
Behind each person, there may be a family involved. With a job and income, the standard of living will of course improve.
In the past few years, the dividends brought by a series of measures such as real estate marketization, accession to the WTO, and corporate reforms are gradually being released. In this era, many people like to stare at the gloom and draw many negative opinions.
In Su Yehao's view, the situation is obviously getting better year by year. Even compared with 1997, the progress of the entire society is extremely amazing.
then.
Seeing this group of business representatives waiting eagerly, Su Yehao personally helped and said some good words, such as what kind of real estate development is beneficial to Guangzhou Construction, the number of cars in the mainland is particularly low, and once Guangzhou Automobile develops well, the rate of return will definitely be very impressive, etc.
For a huge market with a population of more than one billion and rapid economic development, the members of the inspection team were obviously particularly interested. They kept asking questions and looking through the information.
When a big business owner learned that GAC's revenue last year was more than 30 billion yuan, he immediately said he would come to visit tomorrow and even suggested that GAC directly spend money to acquire some ready-made foreign car companies.
After getting a preliminary understanding that night, I visited everywhere the next day.
Pengcheng's China Merchants Bank, Ping An, Su Yehao's TOT, and BYD, which was temporarily busy producing batteries, were all on the inspection list, and a bus was chartered to take them around.
For this group of white-robed tycoons, diversification of investment is the key. After two days of inspection and visits to Fochuan and Guangzhou, they finally decided to invest more than 3 billion US dollars in Su Yehao's 5S Asset Management.
The remaining projects are all invested in their own way, and some still need to be studied and waited for.
Since the urban investment company itself is not solely for making money, it cannot attract the interest of potential investors. China Merchants Bank, GAC, and Guangzhou Pharmaceutical have all begun to attract attention. Su Yehao's 5S Asset Management has temporarily become the biggest winner.
This is understandable.
Investing in a 5S asset management fund is equivalent to investing in multiple companies at once. Not only does it have someone to help manage the assets, but it is also relatively safe.
Directly purchasing financial products is obviously much more convenient than financing, and it is easy and hassle-free.
GAC is really short of money. The company's representatives approached Su Yehao, hoping to obtain financing from him, or to ask Su Yehao to help him put in a few good words.
It’s no wonder that even more than ten years later, many consumers still don’t trust domestically produced cars.
In 2004, the manufacturing level of domestically produced cars was really poor.
Looking at it, after so many years of joint venture construction, there is still not even a self-owned brand that can be launched. The money earned by the joint venture is spent on what.
Unless he can take over the decision-making power of GAC, or directly control a joint venture, Su Yehao is not entirely sure whether he can raise the level of domestically produced cars in the short term.
Thinking about it carefully, even South Korea can do it, which seems to mean that it is not a great technology. Thinking that it is just in advance to prepare for new energy electric vehicles, Su Yehao only replied that he would study and consider it.
When he returned to Hong Kong City, he searched online for information about well-known car companies.
I accidentally discovered that Volvo still belongs to Sweden, and the Jaguar and Land Rover brands have not yet been acquired by the Indian Tata Group. Technology that cannot be exchanged for the market seems to be solved by spending money.
At present, mainland car companies cannot develop, and the reasons are clear at a glance.
The first is the lack of supporting automobile industry system, the second is the lack of R&D talents, and the third is the low efficiency of automobile companies themselves, falling into a vicious cycle of investing huge sums of money in research and development but finding it difficult to sell products.
Su Yehao can find a lot of questions like this just by thinking about them.
To put it bluntly, there are already so many foreign car brands that many car companies lack the confidence to go all out and truly compete with joint ventures and imported cars.
The reason why the automobile manufacturing industry can be the lifeblood of the economy is not the profit itself, but the fact that it is expensive and consumable, which can drive the development of many industries.
Last year alone, there was a deficit of more than 14 billion U.S. dollars in imported cars. Tens of millions of people worked hard to process and produce clothing, and the resulting surplus was offset by a large part. It's a big loss when you think about it.
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The allies who were in the same camp were too frustrated, they were too poor in the early years, and their foundation was really not up to par. As a result, Su Yehao had no choice but to worry about entering the automobile industry, which required a huge investment, so he did not dare to make a decision easily.
Thinking of asking someone to investigate the relevant information, Su Yehao first accompanied Nangong Tian, basking in the sun by the window and teasing his newborn son...