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Chapter 1201 Bombardment
"Cao Zheng is not very interested at the moment. He is more interested in starting his own business and always wants to do something on his own. He admires Mr. Liu very much. This time he knew that I was going to live broadcast with you. He was happier than me. He also said If you have the opportunity, you must learn from Mr. Liu."

Liu Xiaoguang founded the Laolonghu Group, which has grown from scratch to become the largest enterprise in China.The whole process was extremely sensible.In the eyes of many young people in China, Liu Xiaoguang is their entrepreneurial idol!
"Cao Zheng has a plan to start a business?" Liu Xiaoguang was a little surprised.

"Yes, he has worked in Fucheng Group for ten years, starting from the production workshop and becoming the assistant to the chairman. But at the beginning of this year, he offered to resign from me and went out to start a trading company by himself!" Cao Mankun was helpless shaking his head.

Let Cao Zheng start from the grassroots level and be familiar with the company's business processes. Liu Xiaoguang can tell that Cao Mankun is training Cao Cheng as his successor.However, young people always have their own rebelliousness, and Cao Zheng obviously wants to create a career for himself.

Liu Xiaoguang has seen too many rich second-generations. He grew up in a wealthy family and never encountered any setbacks. He thought starting a business was easy.Taking the money from the family to achieve their own career, most of them lost everything in the end.Some even dragged down the family business.

Therefore, there is a saying in the circle of wealthy Chinese people that if they are not afraid of their sons spending too much time and money, they are afraid of their sons starting a business.I spent all my wealth in debauchery, but if my business fails, I will probably lose everything.

Of course, this is just an idea in Liu Xiaoguang's mind, he will not spoil Cao Mankun's happiness like this.

"Mr. Cao, I think this is a good thing. If Cao Zheng can succeed and make the company bigger and bigger, it will be of great significance to him. If he fails to start a business, he will also learn from it. After taking over Fucheng Glass, it will be more handy."

Liu Xiaoguang's words brought a smile to Cao Zheng's face, "Liu always talks. So I also decided to let him try, otherwise he won't be reconciled."

"I am seeking truth from facts."

Liu Xiaoguang gave the opportunity of communication to the water friends in the live broadcast room.

"Mr. Cao, the production cost in Huaxia is lower than that of factories in the United States. Why did Fucheng Group go to the United States to build a factory?"

A water friend asked Cao Mankun a question.

This is something that many people are curious about.Huaxia is the factory of the world, with a large number of industrial workers.Fucheng Glass, however, went to the United States to set up a factory.

This incident caused a lot of controversy in the Chinese media at the time, and some people even said that Cao Mankun turned his elbow outward.

Cao Mankun explained, "The reason why we chose Detroit City in the United States to build a factory is mainly to be close to the market. The United States has the world's second largest automobile manufacturing and consumer market. We signed an exclusive supply agreement with General Motors in the United States. GM All the products of the car use the glass produced by Fucheng Group. Building a factory in the United States can save transportation costs. In addition, although the labor cost in the United States is higher than ours, the cost of raw materials is lower than that in China. The Detroit city government also gave us A lot of subsidies, our factory in Detroit City did not spend money. The local government also provided us with many tax reduction policies, so after careful consideration, we decided to build a factory in Detroit City. Of course, there are also many hardships , but the current effect is still good, the Detroit City factory has become the second largest production base of our group."

"I very much agree with Mr. Cao's statement. Although we are a Chinese enterprise, we must have an international perspective. Like the old Longfor Group, it is also actively expanding overseas business. This is the only way for the development of enterprises. Don't use narrow eyes Let’s look at this matter. As long as our main body is still Huaxia’s enterprises and are still contributing to China’s economic development, then we should support it. I hope that there will be more enterprises in our country that can go global.” Liu Xiaoguang added.

For Liu Xiaoguang and Cao Mankun's statement, most water friends expressed their understanding and support.

After all, in today's world, economic globalization, no matter which enterprise is impossible, it must actively participate in this game.

"You previously bombarded Bole Group and used 50 billion assets to leverage 2000 billion in funds. This approach will destroy the Chinese economy. Everyone agrees with your statement, but Mr. Cao, you are doing this Aren't you afraid of offending others?"

The incident mentioned by Shuiyou was not just before Cao Mankun criticized Shen Ming, the chairman of Bole Group, in public.

Bole Group is one of the largest real estate companies in China. When Hongda Group had financial problems before, Bole Group took over some of Hongda Group's real estate.But in recent years, the real estate market has not been as prosperous as before. Several large real estate companies have been exposed to have huge loans from banks.

In particular, Bole Group has loaned more than 2000 billion yuan in funds from several banks.Already at risk of insolvency.

Although everyone has criticisms about the real estate industry, Cao Mankun is the first entrepreneur to name Bole Group in public.That's why Shuiyou has such doubts. Isn't Cao Mankun worried about offending Shen Ming?After all, we are all in the same circle, and we don't see each other when we look down, so there's no need to make the relationship stiff.

Cao Mankun smiled, "I'm just telling the truth. An enterprise like Bole Group doesn't make much contribution to China's economic development. What he does is just a game of capital. Build a house, and then use The house is getting a loan, and it goes back and forth. Has he contributed any technologies and products? No. Shen Ming may not be happy with what I said, but I don’t think there is anything wrong with what I said. If you have money, it’s best not to buy a house. "

"What Mr. Cao said is not wrong at all. Those real estate companies have not made any contribution to the economy of China."

"Not only did they not contribute, but these real estate companies have ruined the dreams of many young people."

"Support Mr. Cao, Mr. Cao is a real entrepreneur."

Cao Mankun's views on the house have been supported by many water friends.

"Mr. Cao, why do you think it's not worthwhile to buy a house now?" the water friends continued to ask Cao Mankun.

"Because a house is not property, a house is an asset. Property can continuously create wealth for you, while assets need funds to maintain. The houses that everyone buys require various taxes and fees. The rising holidays may have offset the This part of the expenses, but now the housing price has entered a relatively stable stage. When everyone buys a house at this time, the value of the house in your hand will continue to shrink.”

(End of this chapter)