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Chapter 296 Countercyclical Expansion

In addition, the cash cows under Royal Family Fund have contributed a lot;

The main contributor to revenue is the Carrefour supermarket chain. In the third and fourth fiscal quarters of 1996, plus the first and second fiscal quarters of 1997, 108 Carrefour supermarket chain hypermarkets contributed 35.2 billion in net profit, totaling 4.046 billion U.S. dollars.

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In the first and second fiscal quarters of 1997, Atlantic Electronics Wafer Technology Co., Ltd.'s production capacity exploded, contributing a net profit of US$2.95 billion despite the strong market.

The gross profit margin is as high as 67%, making it the most profitable company. It is simply more cost-effective than printing money.

The remaining part is jointly contributed by Green Electric Group, Pacific Appliances Store Chain, Cathay Pacific Airways, Swire Pacific, Pacific Computer and other companies.

As the Shenzhen-based Huanghe Technology Group and the Atlantic Industrial Park gradually put into production and began to explode in production capacity, the revenue in the second half of the year is even more worth looking forward to.

Before the end of the year, the Royal Family Fund will have other large amounts of income;

In late June, Yahoo Search will officially launch on the Nasdaq market, which is a full year and a half later than in its original history.

It’s harvest season again, and the animals on the grassland...

hehe!

at the same time

Taking advantage of the gathering of fund managers from all over the United States and Europe, Bingyangyang Holdings Company promoted Athlon Microprocessor Company's A-round financing, Video Tube Company's B-round financing, and Tutu Company's B-round financing, and made another round of money.

.

In late June, Wang Yaocheng had to fly to the United States to do his own work. It felt so good to count the money.

The European and American markets are indeed rich and promising.

The huge cash flow of US$32 billion accumulated by Royal Fund will support the next round of crazy mergers and acquisitions and expansion of the company. Just like when the track starts, everything is ready.

While fully expanding, there is another goal that must be achieved;

In the counter-cyclical operation of Samsung Road, it dealt a heavy blow to its main rival Samsung Group, forcing them to admit losses and exit.

To achieve this goal, its two subsidiaries, Atlantic Electronic Wafer Technology Company and Huanghe Technology Company, must be aware of heavy losses, and they must suffer heavy losses.

Otherwise, Han Bangzi, who has always been tough, will never bow his head, let alone leave the lucrative world memory chip and LCD screen markets.

The Royal Family Fund has not launched a follow-up eight-inch wafer fab investment plan for this purpose;

At least one of the other party's legs must be broken, causing them to miss development opportunities and fail to keep up with the world's ever-changing electronic technology development trends.

One step behind, one step behind.

The latest economic intelligence shows;

Samsung Group seems to have noticed the overheating of the economy in Southeast Asia. With their tentacles in the European and American economic fields, it is impossible for them to be unaware of the secret activities of global speculative funds, and they have made targeted arrangements for this.

A most remarkable proof;

end of may

Samsung Electronics issued two eight-inch wafer fab equipment investment contracts to Texas Instruments and retained two eight-inch wafer fab priority purchase contracts. The planned production capacity will be put into the world market in early 1998.

At the same time, in early June

Samsung Electronics has issued two third-generation LCD production line equipment investment contracts to Panasonic. It does not rule out the possibility of adding additional production lines and intends to rapidly expand production capacity. It is planned that the production capacity will be put into the world market in mid-1998.

If the enemy does not move, I will not move. If the enemy moves, I will move first.

Based on this;

The civil construction of Royal Fund's M2 factory in Mingzhu City, S2 and S3 factories in Shenzhen City has begun. The construction of the second phase of the LCD production line of Huanghe Technology Group is in progress and is expected to be completed in the spring of 1998.

The factory building is already ready, just waiting for the production line equipment to be moved in, which saves half a year of construction of factory facilities.

In the past two years,

While Korean, Taiwanese and domestic chip manufacturers are making huge profits, major Japanese manufacturers can only maintain small profits because production costs are too high due to exchange rates.

Once the financial crisis hits and product prices plummet, not only one or two eight-inch wafer fabs will close down, but also many major Japanese companies will withdraw from the field of LCD screen production.

There is no rush to order equipment, there will be plenty when the time comes.

In the "counter-cyclical" brutal competition, the more production capacity is accumulated, the greater the losses will be. This is inevitable.

Wang Yaocheng has long been prepared to bloodbath Samsung Electronics in this brutal counter-cyclical competition. Even if he loses blood, he still has to hold on and not fall.

He was very interested to see how much blood transfusion the Han Bangzi government would do?

The Royal Family Fund was all in a dormant state in 1997. While its companies improved their own governance and cultivated echelon talents, the market capabilities they had accumulated for many years exploded, and they obtained generous market returns.

One of the few acquisitions came from the Krone family of Chicago.

In March, an unknown company acquired the 4.5% stake in HSBC pledged by the Krone family from the Chicago State Bank for US$627 million, a 17% premium over the market price.

Back then, the Krone family spent US$2.6 billion to acquire this equity, and this equity transaction resulted in a loss of US$1.97 billion.

The Chicago State Bank had to take action because the interest has been hundreds of millions of dollars over the past year. It is not known when HSBC will become a white swan again. If you continue to hold it, you will only suffer greater losses. It is wise to stop the loss in time.

What's more, the meat cutting is the business of the Krone family, and Chicago State Bank is only responsible for minimizing losses and being responsible for the bank's shareholders.

The bank also has in its hands twelve long-established meat processing companies pledged by the Krone family, real estate across Chicago and New York, millions of hectares of land, antiques, calligraphy and paintings, and various high-value assets.

After all, in addition to getting back the principal, there is still a small gain, and at least half of the interest can be recovered. How the Krone family died has nothing to do with the bank. They must be responsible for their own decisions.

As an add-on to a transaction;

This unknown and mysterious company invested US$56 million to purchase some good real estate properties of the Krone family in New York and Chicago, as well as a large number of European, American and Chinese antique calligraphy and paintings. The transaction price was only half to one-third of the usual price.

Fixed assets include an entire high-rise property near Central Park in New York, three high-end apartments in Uptown, the Roseville Building in Chicago, and a high-end lakeside villa.

Another big deal is the purchase of 26 IL-76 aircraft by Cathay Pacific Airways, which was recently implemented, with a transaction price of US$360 million.

From the bottom of his heart, Wang Yaocheng was planning to transfer it to China for use in the future, but he could not express this idea out loud, and he had to find a suitable transfer company to take over and clear away his suspicions.

The important document that needs to be processed recently is the merger and acquisition case from Cisco. This is currently a bright spot for the companies under the consortium and requires focused support.

After acquiring Cisco, Mr. Chambers made frequent moves, spending US$2.21 billion to acquire seven companies to expand Cisco's advantage in the network equipment market.

And it has accumulated enough patents, currently reaching 1,722 in the field of communication equipment, forming sufficient patent barriers.

At the same time, a large area of ​​​​the Atlantic Science and Technology Industrial Park in Shenzhen has been specially designated for the construction of factories and production lines invested by Yangtze Technology Group, which are specially used for the production of large-scale network equipment.

Now everything is ready, just waiting for the production capacity to explode.


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