typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 253 Second Quarterly Report of 1995 (3)

The shopping mall is like a battlefield!

Wang Yaocheng couldn't suppress his surging thoughts and stepped up to the rooftop. It was a lush garden-like landscape with a rooftop swimming pool on one side, with rippling blue water.

Tietou and Xiaodao, the bodyguards who were patrolling the roof, saw the boss approaching with a thoughtful look on his face. They did not take the initiative to say hello and quietly retreated from the side door.

Wang Yaocheng breathed the fresh air of June grass and trees comfortably, walked freely to the cherry blossom trees with brilliant flowers, and felt the beautiful time of early summer.

Today, career success goes without saying, but it is far from enough.

The dream business empire will embark on the "Samsung Road", but it is still far from this goal. This will be a tortuous and difficult road, and it will not be easy.

The Samsung, Hyundai, and LG business empires of Bangzi Country are all high-tech comprehensive trading companies. They have huge influence in both political and economic circles and are economic monsters that have developed with the full support of the government.

The most successful one is the Samsung Consortium, which almost single-handedly supports 1/4 of Bangzi Country's GDP. The leader of the company, Li Jianxi, is known as the "Uncrowned King" and his power is almost unstoppable.

But so what?

Wang Yaocheng is a reborn person who has seen the trump card. This heaven-defying bug is not even half a point worse than the government's support, but he does not dare to underestimate these powerful opponents.

Fuso Kingdom and Bangzi Kingdom are both typical plutocratic countries. These economic behemoths lurking under the water have huge influence.

However, although Fuso Country's chaebols are more powerful, such as Mitsui Foundation, Sumitomo Foundation, Mitsubishi Foundation, Fuji Foundation, Sanwa Foundation, etc., their economic strength is much stronger than that of Bangzi Country.

But he acts more low-key, pursues the subtle policy of spring breeze and rain, and exists in a more hidden form.

These Japanese and Korean consortiums have one thing in common: they control the core banks to protect the development of their consortia.

The Mitsui Foundation and the Sumitomo Corporation jointly own Sumitomo Mitsui Banking Corporation, the Mitsubishi Corporation and the Sanwa Corporation jointly own the Bank of Tokyo-Mitsubishi UFJ, and the Fuji Corporation and the Dai-ichi Banking Corporation jointly own Mizuho Bank.

Most of these consortiums have full financial licenses, such as Mitsui Consortium

It owns three powerful insurance companies, Mitsui Sumitomo Marine Insurance, Mitsui Trust and Mitsui Life Insurance, as well as SMBC securities, credit cards, financial leasing and other companies.

Its companies include Mitsui O.S. Lines, Mitsukoshi Department Store, Mitsui Warehouse, Mitsui Soko, Mitsui Zenken, Toyota, Toshiba, Ishikawajima Harima, New Oji Paper, Toray Chemical and other world-famous companies.

The entire matrix of the consortium is formed, rigorous and orderly.

In particular, the Mitsui Consortium's far-reaching strategic vision is very sophisticated.

It has been in the bulk resources industry for decades and has invested in the iron mining giant BHP Billiton of Australia, Vale of Brazil, and Rio Tinto of the United Kingdom, making it a pivotal major shareholder.

In a few years, China will suffer greatly from the import of iron ore and lose up to hundreds of billions of dollars in precious foreign exchange.

Although Wang Yaocheng knew the direction of history, he did not dare to say it. He was also afraid of being dragged out and sliced ​​into slices. What's more, the Mitsui Consortium was a conspiracy and almost invulnerable.

In this important industry that is related to the national economy and people's livelihood, Wang Yaocheng would not dare to get involved no matter how brave he was. The skyrocketing price of iron ore is almost foreseeable and no one can stop it.

Once you get involved, you will be blamed by thousands of people, and your saliva can drown people.

China's huge economy makes everything expensive to buy and cheap to sell in the world market. This is determined by the most basic economic laws of supply and demand in the market and cannot be restored without human intervention.

Other countries import iron ore in the millions or tens of millions of tons, but China imports hundreds of millions of tons or even billions of tons. If the price of iron ore does not increase for such a good appetite, no one will tell anyone.

letter.

Wang Yaocheng's business empire lacked the core banking industry. He had already set his sights on the British-owned HSBC Bank. He looked down on the small and medium-sized banks in Hong Kong. If he wanted to work, he would go to a big one.

Now is not the best time. The best time should be during the financial crisis of 1997. We still need to wait two years.

The consortium bank is like an invisible thread in the hands of the controller, using the power of finance to integrate enterprises. It is also like an invisible glue that allows many enterprises to form synergy. At the same time, it is a booster for enterprise development, providing

Stronger development momentum.

For a large consortium with a complete ecosystem and no bank under its control, the entire territory is ultimately missing the most important piece of the puzzle.

By establishing an inter-enterprise strategic partnership with HSBC, Royal Fund invested US$630 million to hold 2.87% of HSBC's equity, ranking 15th among shareholders.

The current stock price of British-owned multinational banks is not high, but it is difficult to collect, and it is difficult to enter the board of directors, and it is even more difficult to obtain decision-making power.

This is related to the conservative and rigid character of the British. They are proud and exclusive and do not like others to step into their territory.

Although the ownership of British-owned HSBC is relatively dispersed, the influential major shareholders are mostly long-term pension funds, ancient British families, and stubborn and conservative old money.

They form small circles with each other, such as the British Country Club, Bridge Association, Noble Fox Hunting, Polo Club, etc., making it difficult for outsiders to enter.

These are all very difficult things to do, not ordinary hard work.

in Hong Kong

After Yu Chengde became the vice president of Pacific Company, he was in charge of the integration of three listed companies on Hong Kong Island.

Since the Chinese people who make up the majority of the management team have similar cultures, there is no barrier in communication, so we can only accept the fact that the owner has changed.

Coupled with appropriate policies, a large number of company elites were retained. After the initial turmoil, the company's operations quickly returned to normal.

In the second fiscal quarter of 1995, the three listed companies contributed a total profit of HK$3.7 billion.

Cathay Pacific deserves to be the best airline in the world, independently contributing more than half of its profits. Although Swire Pacific is larger, its operating profits are not ideal and require continuous improvement.

Only the Port Machinery Engineering Co., Ltd. suffered a large loss. This was due to the large-scale investment in aviation maintenance centers in Xiamen and Dongshan provinces. The huge investment in factories and equipment has not yet seen benefits, so it is reasonable to suffer some losses.

The port machinery engineering enterprise itself has excellent quality and is mainly engaged in the replacement of spare parts, regular maintenance and engine overhaul of aviation passenger aircraft. It is a high-tech aviation engineering maintenance enterprise.

It has long-term good cooperative relations with major European and American aero-engine companies, has a large number of high-tech aviation maintenance talents, and has a high barrier to entry.

In the future, China Airlines' fleet will experience explosive growth, and the port machinery engineering market has extremely broad prospects and can be optimistic about in the long term.

Let’s look back at the business map of the United States.

Silicon Valley Red Hat's Yahoo Search, Athlon, Operating System Labs, and a number of invested network high-tech startups are all money-losers and must continue to burn money, but their value is huge.

Yahoo Search’s Series B financing alone has a valuation of US$3.8 billion, which is astonishing.

The only company that generates profits is Blizzard Game Company. In the second fiscal quarter of 1995, it contributed a total profit of US$8.2 million, which is considered a leader.

Maintaining numerous high-tech laboratories consumes an average of nearly 270 million U.S. dollars in scientific research funding each fiscal quarter, of which Athlon Corporation is the largest contributor.

At present, the research and development of Athlon microprocessor chips is progressing smoothly. Due to the investment of more R&D personnel, mature products are expected to be available in the next quarter, several months ahead of schedule.

Except for Yahoo Search, it now has financing money to burn and is investing heavily in building enterprise-level data centers to adapt to growing user needs.

Marvel Animation continued to lose $27 million in the second fiscal quarter. Sluggish sales and a large number of overstaffed animation publishers were the main reasons for this result.

This needs to wait until "Blade Runner 2" is released. If it can achieve explosive box office, it can basically save the serious loss situation.

Stan Lee, an old guy, mentioned twice selling animated images to film companies in exchange for a large amount of cash. Pan Shiyi and Huang Baiming teamed up to fight back within Marvel Animation, and he will not be mentioned again below.

According to previous instructions, Marvel Animation CEO Stan Lee will come forward and propose a plan to lay off 420 people, mainly logistics managers and publishing channel personnel. It is expected to save US$48 million per year to control the company's office expenses.

waste, reduce the wrangling and wastage of various departments, and effectively improve work efficiency.

Otherwise, no matter how much money is spent, it will not be enough to fill this black hole.

This bad guy still wants him to do something, which is also the greatest value of Stan Lee's existence today.

Wang Yaocheng would rather pay more severance pay, but also clean up the overstaffed company's logistics and management, so that Marvel Animation can operate lightly and regain its vitality.

This job cannot be rushed. If it can be solved before the end of the year, he will be satisfied.

The most exciting thing now is Atlantic Business Machines Corporation's beautiful financial report for the second fiscal quarter of 1995.

Since the second phase of the Huaizhou computer production base was put into operation in April, its production capacity has gradually exploded in May. Together with three factories in the United States, the monthly production capacity of Oppo brand computers has reached 2.05 million units, accounting for 38.3% of the world computer market.

Second fiscal quarter 1995;

Oppo brand sales amounted to 21.7 billion U.S. dollars and net profit was 6.48 billion U.S. dollars. This is the net profit after excluding all management, channel expenses and publicity expenses. The net profit margin reached 29.8%, and the gross profit margin exceeded 50%.

After the release of the second quarter financial report in 1995, such outstanding profitability pushed the stock price to a higher level, with a total market value of more than 60 billion US dollars, second only to the blue giant IBM.

In any case, Atlantic Business Machines is still a physical company, and its valuation on Wall Street will never be as crazy as that of network high-tech companies.

After Microsoft released its own Internet Explorer browser, it bundled it with the desktop system and provided it to users for free, and its market share increased sharply.

As a direct response, Microsoft has been highly recognized by Wall Street, and its stock value has risen sharply. Its current market value has exceeded 70 billion US dollars, making it the winner with the last laugh.

As a direct victim, Netscape Navigator's browser market share has gradually shrunk, and corporate profits have also deteriorated sharply. Even so, it can still maintain a high market value of US$12 billion.

Such a high market value is equivalent to half of Ford Motor Company, but there is no comparability between the two.

It can be seen that under the enthusiastic pursuit of Wall Street, Silicon Valley Internet high-tech companies can be blown away by even a pig and become the darling of the times.

half a year later

When the third phase of the project was put into operation in November 1995, the monthly computer production capacity will be as high as 3.5 million units, and the annual production capacity will exceed 42 million units, occupying 59% of the world's computer market, according to its absolute dominance.

Now,

IBM, the powerful blue giant, has renovated its production lines and purchased patents to produce new products as soon as possible.

It’s just that new computers are much more expensive. The price of the same configuration is 35% higher than that of Oppo brand computers. The market performance is actually not bad.

In addition, American manufacturer Compaq, Fuso computer manufacturers Sony, Panasonic, Hitachi, etc., have relied on the strong strength of their parent companies to purchase patent pools, are renovating their production lines, and are intensively preparing for product replacement.

It is expected that from early July to the end of August, their respective companies will launch new products one after another to participate in the competition for the world's personal computer market.

This is a market worth 200 billion U.S. dollars. Of course, it cannot be monopolized by any one company. That is completely unrealistic.

besides

Without the blood transfusion of a strong parent company, a large number of weaker small and medium-sized manufacturers have actually been dragged down and become the first batch of eliminated, unable to re-enter the brand computer market.

In just one round of reshuffling, 70% of computer manufacturers were eliminated. The world's personal computer market was in turmoil, with dozens of companies going bankrupt or suspending production. It was a tragedy to behold.

This also includes Samsung, Hyundai and LG, which have always been ambitious. Almost all Korean computer manufacturers were wiped out.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next