Chapter 530: The head of Siemens who was so excited that he almost screamed
Germany, Munich, Siemens headquarters.
At this moment, the German industrial giant is holding a high-level internal meeting. The chief operating officer looked around at the corporate executives attending the meeting and said: "The 2023 quarterly report performance has met expectations. The market value of Siemens Group is currently close to 145 billion euros. Revenue increased by 5.11% year-on-year.
%, reaching 92.3 billion euros; net income increased by 12%, reaching 7.62 billion euros. Actual revenue increased by 2.1%, but the power generation and natural gas group business still declined significantly, dragged down by the power generation and natural gas group, new orders fell by 1%
, reaching 96.7 billion euros.”
"During this period, Siemens' market capitalization increased by 12.4% to 139.2 billion euros. Profit from the physical business increased by 10% year-on-year to 11.6 billion euros. The Building Technologies Group, the Digital Industries Group, the Transportation Group and the Process Industries & Drives Group all achieved double-digit profits.
The growth offset the negative impact of declining performance in the Power and Gas Group and Siemens Gamesa."
After the report, the current head of Siemens, Joe Kaiser, who was leading the meeting, nodded, and said solemnly: "This performance and financial report can achieve a surplus, mainly because of the support of peers. The old enemy General Electric is now in trouble, and the United States is in chaos.
It’s unbearable, and the authorities may be impeached, and the turmoil will inevitably continue for a year or two. In fact, the growth in profits from most of the company’s industrial businesses is not enough to offset the sharp decline in profits from the power generation and natural gas groups.”
"Today, the weakness of the global power generation market and the overcapacity of large gas turbines have led to a sharp decline in orders and dragged down the performance of power generation and natural gas groups. However, it should also be noted that in recent years, the currencies of some countries have generally depreciated, affecting Argentina, India, Russia, etc.
China. The main products of power generation and natural gas groups, including boilers, steam turbines, generators, etc., are all high-net-worth capital and require a large amount of foreign exchange to pay for them."
Speaking of this, Caesar said with both joy and helplessness: "There has been a big mess in the United States recently. The next whole year will enter a period of global capital contraction. The cost of financing in the capital market has greatly increased, resulting in a large number of companies with high capital expenditures generating electricity.
The project has to be scaled down, which will inevitably affect the company's orders."
The main sales areas for Siemens power generation equipment are still developing areas with relatively large incremental power demand. The wind power business has also failed to meet expectations. Gamesa Renewable Energy Co., Ltd.'s performance fell by 19% year-on-year, with earnings before interest and taxes of
180 million euros, a decrease of 56% from the 320 million euros reported last year. The main factor affecting Siemens Gamesa's performance is competition from peer companies in China.
The main pressure to compete with the Chinese is not technical issues, but price pressure, especially for onshore wind power. Frankly speaking, Europeans and Americans are very troubled by the "cabbage price" of the Chinese, and they are very angry about the Gamesa business.
Cut off this business, but he knew he couldn't cut it off. After cutting it off, the Chinese people would immediately take advantage of it and give up all the market. When they got rich, they would immediately open up new areas and then continue to do the same tricks...
So even if you lose money, you have to withstand it.
While the meeting was going on, Caesar's secretary came in and whispered next to him: "Sir, the Vice President of the European Region of Coastline Group is here to visit and hopes to discuss with you alone the possibility of business cooperation between the two parties."
cooperate?
Siemens does not have much business dealings with Coastline Group, but there is still cooperation, mainly in the semiconductor industry, but the scale is not large. Siemens' core business is still electrical.
They are all very large multinational giants, and having business overlap is nothing new.
etc…!
Caesar suddenly felt refreshed, new business cooperation?
Suddenly, I immediately thought of recent events. Coastline Group had recently broken up with the Americans, and the lawsuit is still ongoing.
Doesn't that mean...
When he thought of this, Caesar felt excited in his heart, but he suppressed any expression, stood up and muttered: "The meeting is dismissed!"
Immediately, he left the meeting room first, and his secretary followed quickly in small steps.
A few minutes later, in a VIP reception room, Caesar saw a Chinese face and received him with great enthusiasm: "Mr. Hu Yang, Siemens Group welcomes you."
Obviously, Caesar knows the vice president of Coastline Group's European region. If he has major business dealings with Coastline Group in the European market, he basically has to deal with Populus euphratica.
Natural knowledge.
"Mr. Caesar, I have taken the liberty of visiting you this time, so I will simply speak frankly." Hu Yang said with a smile. Caesar smiled and said it didn't matter and waited for his words.
After a moment, Hu Yang added: "I am here to forward this letter to you on behalf of the headquarters. This is a letter from Ms. Qiao Wei, the managing director of our group company and CEO of Life Ray."
After saying that, Hu Yang immediately took out a paper letter from his arms.
"oh?"
Caesar was extremely surprised when he heard this. The paper letter seemed more solemn. The head of Siemens couldn't help but pay attention to it. He took the letter and opened it silently, reading it without saying a word.
After a few dozen seconds, Caesar's eyes widened as he stared at the letter, and he stood upright on the spot in shock: "God, is this true? Your company and (State Grid) are going to bid for 247 investment projects in Latin America, Africa, and Europe.
, a total of US$350 billion???”
Even though he tried his best to hide it, Caesar's hands holding the letter still couldn't stop trembling slightly, and he was yelling with excitement in his heart.
These Chinese people are really crazy. It is absolutely impossible to establish a super project with such large-scale expenditure in Europe, and no country has the ability to do it, not even the European Union.
First of all, the US$350 billion cannot be spent, it is absolutely impossible, and no one has the ability to unite the European member states. Only the Chinese can do this kind of thing, and only the Chinese dare to do this.
Hu Yang laughed inwardly. Even the head of the German industrial giant Siemens could not be calm. He just liked to see these Europeans and Americans who had never seen the big world. But having said that, no one could be calm about this matter, because the letter clearly stated
There is a paragraph that simply means inviting Siemens Group to "join in".
"Mr. Caesar, as we all know, has long announced that he will build the world's first global power grid. Liferay, a subsidiary of our group company, has joined in and leads the global power grid international plan. This is an ambitious and vast international plan, and it is also
A win-win project, Siemens Group is a world-renowned giant in the industry..."
When Hu Yang, who looked calm, said this, Caesar's heart became more and more excited that he could not express in words. Apart from anything else, as long as he can join this huge international plan of the Chinese people, with more than two hundred major investment projects, he can
With a share of the pie, Siemens Power Generation and Natural Gas Group will definitely be able to turn losses into profits quickly. Why worry about overcapacity? There are so many investment projects, boilers, steam turbines, generators, etc. that need to be purchased.
At this point, Hu Yang added with a look of regret: "To be honest, our group company was initially inclined to cooperate with the North American General Electric Group because it is backed by the powerful United States. The reason is now well known, although our group
The company's recent lawsuit with North America will not hinder our cooperation with ge, but for such a large-scale engineering project, what we need more is stability, and stability is paramount."
"There is no doubt that there are too many unstable and uncertain factors in North America. In comparison, Germany and German industrial giant Siemens have become our best international partners for cooperation. We believe that Germany is now more stable than the United States."
Hearing this, Caesar laughed in his heart, roared with laughter in his heart, and almost woke up from his dream.
Even though I tried hard to hide it, my inner emotions couldn't help but show up, and my smile was really hard to hide.
The rival GE Group is probably so angry that it will vomit blood. There is also Apple. In recent years, GE has relied on the intervention of the United States to steal countless orders from Siemens. If it can win back this time, all the previous ones can be made up for.
return.
Caesar felt secretly happy in his heart, as if all the breath he had been holding for five years was released. He even wanted to see how his old enemy would feel after knowing the news.