Special troubles of rebirth

Chapter 725: Chamber of Commerce Expansion (page 12)

Today, Jiang Weilin and Wang Yu were almost evenly matched in the first half of the match. The two of them made birdies on several consecutive holes, showing that they were both in extremely happy moods.

Wang Yu bought back the "junk" factories in the plan as scheduled, and Jiahong used more than 3 million to buy them from Yonghua Bank, then turned around and made some modifications to start producing products such as spicy noodles.

Tiandilong Logistics spent over 15 billion to take over the core assets that originally belonged to the Lu Group from Yonghua. Although it had to bear more than 35 billion in debt, after Yonghua's evaluation and debt restructuring, this area has become more valuable. Makes corporate finances appear healthier.

Because Tiandilong Property had no liabilities when it was spun off from Engine Technology, after evaluation by Yonghua Bank, it was given a valuation of 65 billion. After the merger and acquisition of the core assets of Lu Group, the total assets reached over 115 billion.

In this way, after the original 35 billion debt was merged into Tiandilong Property, the overall debt ratio of the company suddenly dropped to about 30%.

Therefore, Tiandilong Property directly raised more than 15 billion in Yonghua, raising its debt ratio to 43.5%, and almost doubled its size without consuming cash flow.

In particular, it is particularly important for Tiandilong Logistics to make up for the shortcomings in transportation.

At this point, Tiandilong Logistics Group has finally begun to take shape, and can finally begin to undertake the logistics and transportation business of various industries under the Engine Technology Group.

Yonghua Bank is also a big winner in this acquisition.

The cash flow of more than 3 million yuan received from Jiahong directly wiped out the debt of asset package B, and it was a tie, with no loss or profit.

However, the net value of asset package A is over 15 billion. Yonghua only spent 11.91 billion to acquire asset package A+B from Lu Group. For this alone, Yonghua made a net profit of more than 3 million.

Not to mention that Tiandilong Logistics Group has raised another 15 billion in Yonghua, which is another piece of business.

So this acquisition is a win-win situation.

"I heard that you are planning to go out soon?"

After a mid-range putt went in, Jiang Weilin and Wang Yu ended the contest on the last hole.

This time he only lost two strokes to Wang Yu. Jiang Weilin is quite satisfied with today's results.

"Well, I'm going to the United States to do a few things!"

Wang Yu handed his pole to Wang Xiaomei beside him, and took off the half-palm cover: "Apple's new generation of smartphones is about to be launched!"

Jiang Weilin was stunned for a moment, then looked at Wang Yu's expression and said with some surprise: "Shouldn't you be looking sad right now?"

Throughout July, the sales volume of Guoke I was very impressive, not only in the domestic market. After opening up distribution outlets in Europe, America and Southeast Asia, the sales volume in overseas markets even exceeded the domestic sales by nearly one-third.

According to Jiang Weilin's understanding, under this situation, Apple, as a competitor, is about to release a new generation of smartphones, which is not a good thing for Wang Yu.

But Wang Yu's expression was quite calm at this moment, and Jiang Weilin couldn't help but be curious.

"With the upgrade of technology, there will inevitably be more and more new generation smartphones with more advanced and complete functions. It is inevitable that Apple and Samsung will release new smartphones, and there is no rush."

"No, that's definitely not the reason!"

Jiang Weilin subconsciously sensed that Wang Yu must have some confidence.

"I have formed some tacit understandings with Apple and Samsung. Some things cannot be described for the time being, but you will slowly see it later."

Wang Yu mentioned it a little bit, but of course he didn't mention the core things. Not to mention Jiang Weilin, even most of the people close to Wang Yu didn't know.

In the previous life, Nokia had its own Symbian system, but it was later replaced by Android. Apple also established its own iOS system. The rest was the Hongmeng system built by a certain company that cost a lot of money.

As early as when Wang Yu planned to make mobile phones, relying on the electronic technology giant in the southwest, Guoke Electronics also began to develop its own system, and the project was named Nuwa.

Later, with the successful development of Guoke I generation, Guoke Electronic Technology took over the research and development task of Nuwa system. According to Wang Yu’s prediction, this project that will eat up 30% of Guok Electronic’s profits may be completed in another six or seven years. Can see results.

In the future, not only Guoke mobile phones, but also Guoke new energy vehicles will be able to use the self-developed Nuwa system.

This is Wang Yu’s core confidence!

"what?"

Although Wang Yu mentioned it a little bit, Jiang Weilin was even more confused: "Shouldn't you be looking for Nokia and Motorola?"

"Do you think they will pay attention to me?"

Wang Yu smiled: "Nokia has been the world's number one company in the mobile phone industry for a long time. It ships hundreds of millions of units every year. For a Chinese-made mobile phone like mine, which only sells less than 10 million units a year, it is barely enough." It’s a fraction of theirs. They don’t even bother to look at me!”

Jiang Weilin nodded: "That's right. Facing such a giant, I feel desperate just thinking about it!"

The two of them were smoking cigars against the golf cart under the shade of a tree. From a distance, they saw Bao Yaozong and the other three coming over after finishing the last hole.

"About what time are you going out?"

Jiang Weilin suddenly asked: "If it's the end of the month, I'll invite everyone to get together in the next few days. If it's in the next few days, we'll have a dinner party after you come back."

"I'm stuck in the middle, but before I go, I will make a diversion to Yangcheng. There are some things to deal with there."

He went to Yangcheng just for the Hotai Real Estate matter, and this trip to the United States would definitely take his own private plane. It is also more convenient to go to HK from Yangcheng.

"Then wait until you come back."

Jiang Weilin's eyes flashed: "I want to say hello to you. I might bring a friend to this party."

"?"

"The Qizi Chamber of Commerce originally started out as a joke and has a loose structure. It's more of a reason for us to get together."

Wang Yu said nothing and looked at Jiang Weilin while smoking a cigarette.

"Lao Yu and I began to take power one after another. Our two old men began to retreat more and more behind the scenes to take charge. Xiao Ding also began to embark on the road to take over. Yunfeng and Tan Ru are similar, but Lao Bao is as cool as ever."

Jiang Weilin told the truth about the current situation of several people: "We all have our own small circles outside the Qizi Chamber of Commerce. These small circles naturally know that we have formed a small chamber of commerce, and they didn't pay much attention to it at first, but then As we take power one after another, the weight of this chamber of commerce will gradually become different."

Wang Yu quite agrees with these words. Except for Song Yunfeng and Tan Ru's family, any one of the seven of them can be considered a wealthy family, and the older generation is considered a big boss in their respective circles.

As Jiang Weilin, Yu Hanwen and others slowly came to the stage, the weight of the Qizi Chamber of Commerce naturally changed.

“They say quantitative changes will lead to qualitative changes!”

Jiang Weilin looked at Wang Yu and said seriously: "Who knew you could run so fast, and you would step on the ground and rub big guys like Lao Guo in one fell swoop. And because of your size, besides time, In addition to not having enough accumulation in school, our combined family may not be able to catch up with you!"

"I remember that before engine technology broke out, you all regarded me as a brother!"

Wang Yu smiled and said, "Besides, you, Hanwen, Yunfeng, and Lao Bao and I all have business cooperation. Why do we still talk about this?"

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