The clock of 1985 has begun to spin, and the summary meeting of the Li Group took a very long time, lasting three full days.
In the financial report, Zhou Xiaoning and others evaluated the Li Group through their own evaluation and that of various institutions. Not counting Tianyu Financial Group, the total market value of the Li Group has reached US$125 billion.
The reason why this year's growth is so large is that firstly, Xingyuan Group has brought tens of billions of assets to the consortium, and secondly, Xiangjiang Communications Group has continued to expand.
Third, the expansion of Pengyu Group in the mainland and Southeast Asian markets has caused the market value of Pengyu Group to soar rapidly. Many institutions have equated the market values of Pengyu Group and Hongyu Clothing Group.
As for the market value of Tianyu Financial Group, it is really difficult to evaluate. The Li Group has never cared about this aspect. Li Guangyu is more concerned about the group's profitability.
Although there was no big move in the stock market in 1984, Tianyu Investment Group's bargain hunting in the Hong Kong stock market, coupled with the soaring market value of Internet companies and related companies invested in the United States, and the astonishing profits brought by the Marandu Iron Mine still made Li
The consortium benefited greatly.
In this year, the total profit of the consortium exceeded 13 billion U.S. dollars, but the investment was also huge. In the past year, investments were made everywhere, especially in England, which spent 7 billion U.S. dollars. In addition, Li Guangyu continued to inject capital into some groups.
If it were not supported by the profits of the Marandu Iron Mine, the Li Group's finances would be in deficit in 1984.
Li Guangyu promised at the meeting not to withdraw funds from the accounts of major groups, so that they would have sufficient funds to expand in 1985. Now he still has 3.5 billion US dollars in hand. He has no plans to repay the loan from the Japanese consortium for the time being. Anyway,
It was a low-interest loan, and Li Guangyu planned to repay the loan after the stock market crash in 1987.
After 1987, he will no longer have to worry about development funds, and by then he will have enough confidence to fight against American consortiums.
The senior executives attending the meeting were very excited as they listened to the data one by one. When the Li Group took over from Li Guangyu, it had assets of more than 100 million Hong Kong dollars. In just a few years, through everyone's efforts, it has grown into assets worth hundreds of billions of dollars.
comprehensive consortium.
This has increased their confidence in the Li Group. They believe that the Li Group will be even more dazzling in the future. The current market value of assets is 100 billion. In two or three years, it will exceed 200 billion, and in the future it will be 300 billion.
500 billion, or even more than a trillion US dollars in market capitalization.
They know that it is not a legend, and it will not be a myth. They believe that the Li Group has the ability and potential to reach that point.
And they believe that this time will not be too long. They can develop a company with a market value of more than 100 million Hong Kong dollars into a comprehensive consortium with a market value of 100 billion US dollars in just seven years. They can raise it to 100 billion US dollars in five to ten years.
Trillions to go.
Of course, the focus of this meeting is still on the issue of the U.S. market, especially when the Lee Group is currently facing attacks from the U.S. consortium, how can each group protect the U.S. market for its products.
Li Guangyu said at the meeting: "Now that the information age has arrived, it is impossible for major American consortiums to dominate the sky with one hand. As long as we are good at looking for opportunities, we will be able to occupy a place in the U.S. market. In this regard, the Japanese consortium is very good for us.
Teacher, over the past decade or so, the Japanese consortium and the American consortium have been competing against each other. No matter what policies the American consortium adopts through the government, the industries under the Japanese consortium can prosper in the US market."
Peng Xiaoli, who is responsible for North American affairs, has been studying how Japanese industries develop in the U.S. market during this period, hoping to help Li's industries survive government suppression in the United States.
After Li Guangyu finished speaking, she said: "I have investigated the struggles between Japanese consortiums and American consortiums in the past two decades, from the textile industry in the 1960s to the steel industry in the 1970s, to the late 1970s.
In the automobile industry and now the electronics industry, what the United States uses most is to limit the import quantity of these products from Japan."
"At present, this seems to be the only card that the American consortium can play. Whenever Japanese products occupy a good share of the U.S. market, the U.S. government will introduce import restrictions and increase tariffs to suppress the development of these Japanese industries in the United States.
In order to break this restriction in the United States, the Japanese consortium has begun to establish production sites in the United States to break through the restrictions imposed by the U.S. government and occupy the U.S. market. Toyota Motor is a typical example.
Moreover, the internal financial groups in the United States are not very united. They do not mind cooperation for the sake of profit. Toyota Motor and General Motors established a joint venture a few months ago. For this reason, Ford and Chrysler also filed a lawsuit with the Federal Commission, suing the two major companies.
Automobile group monopoly."
…
Peng Xiaoli spoke for five minutes at the meeting, explaining to the top management some of the internal conditions of the American consortium and how Japanese consortium companies occupied the American market.
American consortiums are very powerful. There are ten major consortiums plus dozens of small and medium-sized consortiums. Needless to say, the top ten consortiums directly crush the current Li Group. The strength of some of the following medium-sized consortiums cannot be underestimated, especially some joint consortiums.
For example, the Central Consortium and the Southern Consortium are still far stronger than the Li Consortium.
However, the internal struggles within the American consortium are equally serious. The Ford consortium and General Motors have always been hostile to each other, the California consortium and First Citigroup have never been friends, and Morgan and Rockefeller have been fighting each other for hundreds of years. As long as they have interests, these American consortiums do not mind cooperating.
At present, when the General Motors Group is officially very weak, Toyota has also spotted this, so it cooperated with General Motors to establish a joint venture automobile company.
After listening to Peng Xiaoli's detailed explanation of the situation in the United States, the senior executives of the Li Group were no longer as worried as before. It is possible that the American group began to suppress the Li Group without any pressure on them.
Regardless of the fact that the market value of the Lee Group has exceeded 100 billion U.S. dollars, none of the top ten financial groups in the United States has less than one trillion U.S. dollars. Now, if the Lee Group has a head-on confrontation with the American group, it will be like hitting a stone with an egg.
After everyone digested what Peng Xiaoli said, Li Guangyu said to everyone: "Everyone has also heard what Ms. Peng said. The American consortium is not terrible. They are also full of internal contradictions. As long as we all work together, our Li Consortium will not be afraid."
Will become a vassal of any force."
At the same time, Li Guangyu also emphasized that in the coming year, the focus will be on developing markets in Australia, Canada and Latin America. The heads of each group will shift their development focus to Australia and the Americas and postpone the development of the Western European market.
Li Guangyu does not want trade competition all over the world now. Western Europe should slow down and focus on other regions now, which can also reduce the pressure on the Li Group.
There is no pressure on the major construction groups. They just continue to proceed step by step according to their own plans.
After the meeting, Li Guangyu specifically asked Gu Zhengsheng to stay in Xiangjiang for two more days. In the Pilbara region, 30 kilometers away from the Marandu Iron Mine, Xingyuan Group once again discovered a reserve with no less than the Marandu Iron Mine.
of mineral veins.
At present, Xingyuan Group has not released this news to the outside world, but is waiting for Li Guangyu's instructions.
Li Guangyu himself does not plan to mine this mineral vein alone. He plans to continue to exchange some money from the Japanese consortium. This time he is also planning to rope in the Korean consortium and some Western European consortiums.