“It’s not good to stand out for this kind of thing. The amount of donations must not exceed that of the U.S. and Chinese governments, nor should it exceed the amount of donations from developed countries in Europe and the United States.
After all, they are the government and we are private companies, not on the same level.
Let's do this. The first phase of food donation will not exceed 15,000 tons, and some other materials can be donated as well.
Inform Carrefour Supermarket Group and Swire Trading Company if there are any long-term unsaleable products in stock, including clothing, quilts, shoes and hats, food, tea, coffee, milk powder, etc., and take this opportunity to clear out the inventory.
For consumers, it is a slow-selling product, but for African refugees, these are urgently needed supplies, which is a good convenience.
Other companies in the consortium will transfer the donations to the accounts of the two companies mentioned above, and convert them into materials of equal value to donate to African refugees. This matter will be coordinated and arranged by the secretariat, and the publicity department will cooperate to make the momentum bigger.
We have done good things, so we should at least let everyone know about it, don’t you think?
Publish more soft articles on the Internet through the Internet. Haha, this is very beneficial to the consortium and enterprises in establishing a responsible social image. It is worth writing about!
This matter, as an important task of the Secretariat in 2004, must be followed up continuously and provide timely feedback on assistance information."
Zhao Feng wrote quickly, recording the matters assigned by the chairman one by one, and prepared to handle them according to the instructions to the letter.
Our chairman is good at everything, but his calculations are too precise.
Even disaster relief in Africa will be used to maximize benefits.
Take a look at the charitable donations made by consortiums in American society. Most of them focus on ethnic minorities, police and firefighters, assistance to disadvantaged groups in society, and well-known school groups. The hidden purpose is very strong.
The only thing that can devote itself wholeheartedly is probably the charity donation projects in Mainland China. The total amount over the years has reached more than 11 billion US dollars, accounting for more than 80% of the entire consortium's charitable donations, regardless of long-term investment.
After all, blood is thicker than water, it comes from the same blood and family ties!
After a while
Zhao Feng’s work reports have been ongoing;
"The Yanjing 2008 Olympic Games Organizing Committee has sent a letter, warmly inviting you to go back and have a look in the near future. If possible, I hope you can actively participate in this national sports event. This is the full text of the invitation letter with the official seal."
"Oh...and this is a good thing."
Wang Yaocheng's eyes lit up, he took the message and read it, nodded happily and said;
"They just didn't send an invitation letter, and the consortium is ready to nominate themselves to actively participate. This is a great thing that benefits the country and the people!
Develop sports and enhance people's physical fitness.
At this century-old sports event in China, why is there so little presence of the Royal Family Fund?"
Zhao Feng also smiled...
The motherland China hosted the 2008 Olympic Games, and many Chinese executives in the consortium actively donated money to support Yanjing in hosting this sports event.
I also donated 500,000 US dollars to express my gratitude.
Wang Yaocheng thought for a moment and said;
"Well, we will return to Hong Kong in mid-to-late June. In addition to the second financial quarter summit of the consortium's top executives, there will also be a completion and inauguration ceremony for the consortium's headquarters building.
The Secretariat has drafted a reply letter and is scheduled to go to Yanjing City at the end of June.
At that time, we will listen to the opinions of the Olympic Organizing Committee. Are there any other areas where help is needed?
My initial intention is to donate a sports venue and surrounding facilities. The specific details will be designated by the Olympic Organizing Committee. The construction of the main stadium, the Bird's Nest, has already begun, and I guess there will be no need for private capital support.
The planned "Water Cube" is okay. It is said that the investment scale is about 1 billion yuan, and the consortium can be responsible for all construction capital expenditures.
Specifically, it's up to you to contact the Olympic Organizing Committee to see how it works properly."
"I understand, Chairman."
Zhao Feng made a careful note. As the consortium expands day by day, it has important global influence.
Not only do we face the operational pressure of daily operations, but we also have to consciously assume social responsibilities, including global environmental protection, poverty alleviation and disaster relief charity work. This is an aspect that reflects a strong sense of social responsibility.
Gradually, it has become a routine job in the Secretariat, such as;
January 3, 2004
An Egyptian Shine Airlines charter plane crashed in the Red Sea shortly after taking off from the tourist resort of Sharm el-Sheikh, killing all 148 people on board, 120 of whom were French tourists.
To this end, Wang Yaocheng, chairman of the board of directors of Royal Family Fund and HSBC Bank, sent condolence messages to the French Prime Minister and the Egyptian Prime Minister respectively on behalf of the consortium;
I express my deep condolences for this tragedy and may God bless France.
The prime ministers of France and Egypt respectively called back to express their gratitude.
January 22, 2004
As the Asian bird flu originating in Thailand spreads further, the European Union announced a ban on the import of broiler chickens from Thailand.
The Royal Family Fund immediately announced its support for a batch of drugs worth US$300,000, and sent a condolence message to the Prime Minister's Office of Thailand, expressing its willingness to provide assistance within its capacity and work with the Thai people to fight against the avian influenza epidemic.
The Prime Minister's Office of Thailand called back to express its gratitude.
On February 1, 2004, a tragedy occurred during the Hajj pilgrimage to Mecca in the Kingdom of Saudi Arabia, in which 251 people were trampled to death.
On behalf of the consortium, Wang Yaocheng, chairman of the board of directors of Royal Family Fund and HSBC Bank, sent a message of condolences, expressing his sorrow for this tragedy and his willingness to stand with the people of Saudi Arabia to tide over this dark moment together.
Saudi Crown Prince Salman called back specifically to express his gratitude.
On February 24, 2004, an earthquake occurred in Morocco. At least 571 people died in the earthquake, tens of thousands of houses collapsed, and more than 300,000 people were displaced.
The Royal Family Fund announced emergency support for a batch of disaster relief supplies worth US$100,000, and expressed condolences to Moroccan officials in this regard.
…
Things like this have become a normal job.
This is because the huge size of conglomerates is here. When countries around the world encounter disasters and epidemics, they pretend not to know and ignore them. This is emotionally and morally unjustifiable, and social public opinion will not be able to pass the test.
Some people may say that your company is making donations to other countries’ governments. Isn’t it too arrogant?
In fact, this understanding is wrong. The materials and money donated by the Royal Family Fund are used for disaster relief and to help the affected people, and are only transferred through the local government.
According to international practice, the recipient country must always have a message of thanks.
Internationally, European and American governments are not as generous as everyone imagines.
In 1998, China suffered a rare flood in the Yangtze River Basin, causing heavy losses in people and property. The U.S. government only donated 200,000 US dollars, while the Fuso government donated 100,000 US dollars, which was even more expensive than Grandet.
Closer to home
After discussing the work for a while, Zhao Feng finally reported;
"Chairman, you have given special attention to the secretariat's collection of Internet high-tech start-up companies with backgrounds and current students from Ivy League schools such as Stanford, Harvard, MIT, etc.
Recently, after preliminary sorting, 11 qualified network high-tech companies have sent us emails, hoping to receive support from our venture capital funds.
The first one is a music website founded by Locke Clemen, a Ph.D. from the Massachusetts Institute of Technology, which can provide users with free downloads of music singles and has a unique patent for accelerated compression software.
The second one is...
…
This 11th new startup company is two websites founded by a Harvard student, Mark Zuckerberg. One is Facebook in social applications (it must die), and the other is a P2P music sharing website.
Their demands are the same, they want to be favored by Red Hat Venture Capital Fund and be included in the list of candidate companies for inspection."
End of introduction
Zhao Feng put away the thick stack of documents and stood beside him like a clay wood sculpture, waiting.
Wang Yaocheng's expression did not change at all, but his heart was jumping wildly. Extreme joy filled his mind, and the fingers on his legs were trembling slightly as if they were overpowered. He suppressed his excitement and said;
"Very good, your secretariat will sort out these new startup companies first and select companies that are in line with the future network ecological industry chain and enrich social applications. This is the general direction of future network development.
For selected companies, you can send letters to make appointments to further clarify your investment intentions.
It just so happens that I have a lot of free time these days, so please hurry up and get this matter over for approval to avoid the backlog of things getting bigger and bigger."
"I understand, Chairman, I will go back and urge them to come up with a plan as soon as possible."
"Well... go ahead."
Seeing Zhao Feng leave the office and close the heavy door, Wang Yaocheng excitedly waved his fist in the air.
The last big wallet I was looking forward to finally appeared, it’s great!
Why is it said to be the last big wallet?
Wang Yaocheng's vision is very high now. Companies that don't have the potential to have a market value of hundreds of billions of dollars in the future are not worth the big investment, nor are they worth worrying too much about.
Facebook is the big fat piece of meat that he covets, and he will get it as soon as possible.
It is impossible for the Royal Fund to acquire all high-tech Internet companies, and the two best ones will be enough.
Other promising companies can invest a little bit and earn 1.08 billion U.S. dollars to spend. You can't expect too much.
This is like a cheat card in a casino. If you encounter a big-name stud player, you only need two hands. If you have a chance, you can get a little bit. If you don't, forget about it. You can't mess up the cards.
Others are not blind. Playing a bad card is obviously cheating, which is almost impossible from a probability perspective.
If you want to avoid being caught and sliced, it's better to be cautious.
Wang Yaocheng has always had this consideration in mind when he sold Netscape and Yahoo.
After all, he is a Chinese with a Hong Kong household registration. In this world where European and American developed countries dominate, he should pursue the policy of keeping a low profile, talking less, moving less, making less waves, doing more practical things, and making more friends.
Take American high-tech Internet companies as an example;
The top six companies in terms of market capitalization are Microsoft, America Online, Yahoo, Oracle, Google.com, and Amazon.com. The Royal Fund has invested heavily in the latter two websites and is the largest shareholder. This is already very eye-catching.
now
Except for Microsoft and America Online, which have a market value of more than 100 billion U.S. dollars, other Internet high-tech companies have a market value of tens of billions of dollars. Amazon.com, ranked fifth, has a market value of about 10.2 billion U.S. dollars, just over the 10 billion U.S. dollar limit.
Compared with the Internet high-tech bubble period in 2000, this is far behind.
overall
2003 was a year of economic recovery. After the Federal Reserve continued to lower its benchmark interest rate, the U.S. real estate market entered a recovery stage of growth from a bleak situation.
Things were even better in 2004, with the number of new home completions and starts hitting record highs.
In 2003, among the top ten companies in the United States by market capitalization;
General Electric leads the way with $310 billion
Microsoft ranks second with 295.9 billion
Exxon Mobil ranks third with $271 billion
Pfizer ranks fourth with $269 billion
Citibank ranks fifth with $250 billion
Walmart ranks sixth with $229.5 billion
Intel ranks seventh with $209.3 billion
AIG ranks eighth with $178.2 billion
Cisco ranks ninth with $167.2 billion
IBM ranks 10th with $159.4 billion
Judging from the market value of the top ten companies in the United States, Internet high-tech concept companies have collectively retreated, giving way to traditional industrial companies and high-tech companies, and the entire financial market has been reshuffled.
From this point of view
Among the top ten companies in the United States by market capitalization, Royal Family Fund owns the ninth-ranked controlling stake in Cisco, which is not overly conspicuous compared with other large consortiums.
Of course, HSBC, which is listed in London and Hong Kong, has a market capitalization of US$267.2 billion, surpassing Citibank and ranking first in the world.
But that is a global ranking and has nothing to do with the ranking in the United States.
From a market perspective in 2004, as of early June 2004;
The market value of financial companies has soared sharply. Citibank, AIG, and Bank of America have entered the top ten ranks of market value. This shows that the prosperity of the real estate market has driven the operating performance of financial companies to rise significantly. Market participants are optimistic about this.
Intel and Cisco were squeezed out of the top ten, showing that high-tech companies are further declining, with entities and financial companies occupying the C position.
HSBC, the core company of Royal Family Fund, has benefited from the general trend of warming of the world financial market and the major benefits of acquiring Standard Bank of South Africa. It has become a truly global multinational bank with a market value of US$267.2 billion, ranking No. 1 in the financial industry.
one.
Wang Yaocheng doesn't like to show off his wealth and likes to bury his meat in a bowl.
But now the consortium has grown to a huge scale, and its business empires have spread to every corner of the world. It has become an awe-inspiring economic behemoth and can no longer hide in the bushes and grow insignificantly.
These repeated experiences in the United States just illustrate that the situation of the Wang Consortium is not optimistic.
In this case, Wang Yaocheng is not willing to hide anymore.
Atlantic Business Machines, which plans to go public next year, is a clear signal of the consortium's strategic change.
Bundling corporate interests with numerous pension funds and investment funds, and with the well-being of more American people, will make those jealous far-right politicians afraid to act rashly.
Next step
According to the work plan, Global Communications will also be listed in the United States in 2006.
The strategy adopted is the same as that of Atlantic Business Machines Company, that is, you are in me, and I am in you, and the interests are closely intertwined and cannot be separated.
If you want to do it, then everyone will die together.