Chapter 443 Today I See What an International Giant Is
Chapter 443 Today I have seen the true strength of an international giant!
[I wish all book friends a happy Mid-Autumn Festival! Happy family!]
I didn’t finish reporting at noon, so I took a rest in the reception room after lunch and continued the meeting at 2 p.m.
As Taylor listened, his heart began to tremble. Today, Taylor finally saw the true strength of the Xingling Group.
Each subsidiary company actually has so much cash reserves, and the Xingling Group is such a behemoth.
Simply unbelievable.
The financial reserves of the European branch of Xingling Group are as high as 35 billion euros.
The financial accounts of the headquarters of Xingling Group have a reserve fund of 30 billion euros.
Moreover, the company's R&D expenses reached 13 billion euros last year. This investment in scientific research makes Taylor feel a little numb.
I originally thought that I was a talented person who had seen the world, but the people in Silicon Valley were fooled by me.
Now Taylor understands that the little investment he deceived is nothing more than drizzle for international giants to take over.
It's not that I have a strong ability to deceive, but that the international giants can't even see this small amount of money, and they don't care even if they lose money.
The frog in the well is the real frog in the well.
Today I have seen the true strength of an international giant!
Not just Taylor, many people were shocked by the data one after another.
There is also the number of patents. These are not appearance patents, but actual technology patents. They have increased by more than 7,000 in two years, which is simply unimaginable.
Moroccan Steel Company not only builds a steel company, but also establishes an advanced materials research institute.
RMY Weapons Company has also established a weapons research institute.
The foundation of Xingling Group is increasing crazily. It is conducting research and development with three pillars: energy, materials, and application technology. It seems chaotic, but in fact it is always carried out around the three cores.
After giving Xingling Group a few years, its technical reserves will be no less than those of ordinary international giants.
This is not the end yet. After everyone finished speaking one by one, Gao Jin issued new instructions. Many companies are not allowed to expand and must reserve cash.
New reserve requirements were given to these companies, and only a few were approved for expansion.
Many people are thinking about why the chairman asked various companies to reserve so much cash. Could it be that there is an international crisis going to happen?
Reserve cash to deal with crises!
Many people secretly took a breath when they thought of this. This matter must be taken seriously and their private investments must be more cautious.
The meeting is over, and we have the usual dinner party, where everyone can relax and eat and drink.
The red wine is produced by Xingling Group's own winery and is not sold outside. Its taste is no less than those of top red wine brands.
Tianchao's liquor and other alcoholic beverages are purchased from the world's top brands, and each bottle is priced at no less than 10,000 euros.
All kinds of food are made from high-end ingredients from the East and the West.
Today's dinner will be held at the Morning Market Hotel. In order to prepare for this dinner, the hotel has spent millions in advance to purchase various fresh ingredients.
Knowing that it was eaten by senior executives of Xingling Group for dinner, everyone in the hotel looked envious when looking at these ingredients.
Ten years of hard work alone is not as much as the cost of a dinner party for the Protoss Group.
The Protoss Group is so damn rich.
After the dinner, all high-end commercial vehicles came to take these people back to the hotel to rest.
Rizao Hotel could not give a discount that satisfied the administrative department, but the international brand Marriott Hotel chain gave a discount that satisfied the administrative department and signed a cooperation agreement with Xingling Group.
The hotel where these high-level executives stay is the Marriott Hotel, which is also a five-star hotel.
Tonight, Zhang Hongbin and Qiao Mingxian also found a place to have a few drinks together, and the topic they talked about unknowingly shifted to the Xingling Group.
"Have you heard that our tall boss spends more than a million on a dinner party, which is quite luxurious." Zhang Hongbin said this with an unhappy tone.
"Old Zhang, you are jealous," Qiao Mingxian said with a smile.
"Who wouldn't be jealous? So much money is spent on food. It's really a full man who doesn't know how hungry he is."
"That domestic company is so extravagant to him?" Zhang Hongbin said this sourly.
"Xingling Group is different from other companies, not in general, but fundamentally different."
"You should have seen the report today. Xingling Group's R&D expenses hit a new high last year, surpassing Weiwei Group to become the private enterprise with the highest investment in R&D in China."
“Profit and tax payment has reached a new high”
"Looking at the accounts of Xingling Group again, there are tens of billions of euros lying on them, just sitting in the bank and earning interest."
"This is just the funds lying on the financial accounts of the Xingling Group headquarters. The funds lying on the financial accounts of Europe are higher than those of the headquarters. This sense of crisis is much stronger than that of domestic companies."
"Not only do these domestic enterprises not have much funds in their accounts, they also have huge foreign debts. Each boss is fatter than the last, and each company has higher debts."
"From this point of view, Gao Jin has done a very good job."
Qiao Mingxian smiled and tried to persuade Zhang Hongbin to relieve his resentment. He picked up the wine glass and touched it with Zhang Hongbin. The two drank it in one gulp.
"What do you mean, why did Gao Jin acquire the weapons company and the aircraft company?" Zhang Hongbin put down his wine glass, picked up the jug and asked while pouring wine.
"No matter what the reason is, Gao Jin has no choice."
"Our country does not allow private enterprises to enter the weapons industry and aircraft manufacturing industry. If Gao Jin is interested in developing these projects, he can only go abroad."
"The higher authorities have held several meetings on this matter but no results have been achieved. This type of thing cannot be changed in a short time."
"Wouldn't private companies be allowed to enter the space industry now? The country will further deepen reform and opening up."
Qiao Mingxian could only persuade Zhang Hongbin in this way. Seeing the Xingling Group establishing a weapons research and aircraft research institute abroad, Qiao Mingxian was also very helpless.
If things go on like this, foreign weapons and aircraft development will definitely be faster than domestic development, and we can only rely on changes in the future.
"By the way, what kind of deal did Gao Jin have with the French Ground Weapon Group? He bought two companies for 50 million, which is not even enough to buy land." Zhang Hongbin asked another question.
"Humph, who can guess what the tall boss will do?" Qiao Mingxian also said this unhappily.
This matter is a damn thing if there is no inside story, but no one can figure out what kind of transaction there is, and the relevant departments have not discovered anything abnormal about the Protoss Group.
This is the most puzzling part.
"sigh"
"The annual meeting of Xingling Group ends today, and the year-end bonuses will be distributed in a few days. By then, many companies will feel uncomfortable."
"By the way, regarding the issue of our city's Water Conservancy Vocational College, can the Xingling Group acquire it?"
"I see that Gao Jin is now investing more and more in scientific research, and by letting Xingling Group acquire this school, we have solved a big problem."
Zhang Hongbin watched Qiao Mingxian explain this plan. Every year, Zhang Hongbin would set aside a special time to go around and recruit companies to various schools to solve the problem of fresh graduates.
It is difficult to find a job, and running around begging grandpa and grandma really makes Zhang Hongbin a little annoyed.
But you can't do it unless you run. This is an assessment project assigned by your superiors. You must complete it and do a good job in providing job support for fresh graduates.
It can be said that June and July every year are the most difficult days for local officials.
This is a major feature of the Chinese dynasty. Countries all over the world have left it alone, but only the Chinese dynasty truly treats this matter as a major event and invests a lot of money in it every year.
This alone is far behind other countries.
Qiao Mingxian began to think about it. There were four junior colleges in the city, two private and two public. The water conservancy junior college mentioned by Zhang Jianbin just now is one of the two public junior colleges.
Because of the quality of teaching, the Water Conservancy School has the lowest employment rate among the four vocational schools. Apart from a junior college diploma, it really has nothing to offer.
Of course, this is also related to the fact that the local area does not need so many water conservancy talents, which makes the status of water conservancy schools very embarrassing.
"It's difficult. I analyze that Gao Jin will not invest in education. If he had this intention, he would have done it long ago."
Qiao Mingxian shook his head after saying this.
"Old Qiao, if Gao Jin doesn't want it, we'll do his job."
"One thing you haven't noticed is that the talents recruited by Xingling Group in the past two years have begun to lean towards foreign countries. I have done some statistics."
"The year before last, Xingling Group admitted 49 students from foreign colleges and universities. Last year, there were 82 more students."
"My analysis is that we will increase our efforts this year. If things continue like this, this will not be a good thing."
After Zhang Hongbin finished speaking, he looked at Qiao Mingxian meaningfully. Qiao Mingxian frowned and already understood what Zhang Hongbin meant.
As an old partner, Zhang Hongbin knew how to cooperate with Qiao Mingxian at the first glance.
"After the new year, let's find a time after the new year to talk to Gao Jin about this matter. When we serve as officials, we must benefit one party and we must let an institution of higher learning appear in Rizao Market."
"This is something that benefits the country and the people, we must do it!"
Qiao Mingxian made up his mind, and Zhang Hongbin nodded. The two raised their glasses, clinked them, and drank them in one gulp. The matter was considered unanimously approved by both of them.
One night passed, and on the next day, the general managers of Xingling Group's subsidiaries began to go to Gao Jin's home to communicate with Gao Jin individually about the direction of the company this year.
There is no shame in being certain about things you are not sure about. This is a major feature of the Protoss Group.
Only when your goals are clear can you know what to do to complete the tasks for the whole year.
Gao Jin talked one after another, entertaining a group of people at noon and a group of people in the evening, chatting and laughing very harmoniously.
Taylor was very confused by this phenomenon and couldn't understand Gao Jin's approach at all. How could a business owner maintain such a relationship with the general manager of a subsidiary branch?
This situation is simply unimaginable in the United States. If you think about it seriously, if there is anyone in the American business community who can imagine it like Gao Jin, Taylor can only think of one person.
That is the legendary figure of a generation, Rockefeller!