Rebirth of the Official Business Route
Chapter 476 Benefits
After Zhang Ke, Xu Si, Sun Shangyi and others went to pass Xu Xueping who was transiting in Hong Kong and returned to the East China Sea, they intercepted Zhou You and Song Zhiyou, and drove back to Yingwan Garden together. As soon as they arrived at Yingwanyuan Hotel Apartment, they received a call from Ge Mingde It is said that Jiaxin Electronics, Kewang Electric, and Jincheng Group formally signed a tripartite agreement. It was not clear on the phone that Zhang Ke asked Ge Mingde to come to Yingwanyuan Hotel Apartment.
Xie Hanjing, Xie Jiannan, and Chen Jing arrived in Hong Kong on the same plane on December 9. Ge Jingcheng's funeral ended on the 11th. Even though they had cooperated and had contacts before, they also considered the difficulty of Xie's family's cash flow in Zhuocheng. Zhao Jinrong, but it only took ten days to discuss all the details of the cooperation, and they have to admit that their speed is fast enough. Novel chapters are updated the fastest
Sun Shangyi and his wife made it clear that they would give up the shares of Jiaxin Electronics when inheriting the property, and they also got the consent of other people. Therefore, they are not clear about the details of Zhao Jinrong flying to Hong Kong, Xie Hanjing, Xie Jiannan and Jiaxin Electronics.
Ge Mingde has a very harmonious relationship with other members of the Ge family besides Ge Mingxin, so it is easy to grasp the progress of their negotiations here.
Jincheng completely withdrew from Kewang Electric and transferred all the shares it held to Jiaxin Electronics. Jiaxin Electronics accepted the shares held by Jincheng and continued to increase the capital of Kewang, increasing the shareholding ratio to 40% and adjusting the shareholding to 16% %, the Xie family holds 44% of the shares in the name of Chint, Haitai and Xie Zhan, but because Daya Group has invested in Haitai, the actual shareholding is about 20%. Fiction novel chapters are updated the fastest
Zhang Ke doesn't care about these things, but just wants to know the content of their cooperation agreement on the disk player market in Southeast Asia, and how much money Jincheng transferred 30% of Rikewang's equity to Jiaxin Electronics.
Eighty million! Ge Mingde said, Jincheng's share price is 80 million Hong Kong dollars...
Zhao Jinrong probably has a fire in his stomach, Zhang Ke rubbed his forehead and laughed. Zhou You has been in Japan recently. Moreover, he seldom had direct contact with Aida's affairs after 1996. Zhang Yan explained the ins and outs of the incident to him, I estimate that Jincheng invested about 70 million in Kewang before and after, 30% of the equity. I Since the establishment of Kewang, the profit directly generated by this 30% equity is far more than this amount...
Ge Mingde said with a smile: Jiaxin Electronics obtained 30% of the equity from Jincheng, and the valuation of Kewang's assets was less than 300 million yuan; the acquisition of the other 10% of the equity was at a valuation of 400 million to Kewang. Wang injected nearly 50 million Hong Kong dollars in funds, and the deal was wiped out. Jincheng is about to lose 40 million. I don’t know how this deal was facilitated...
Zhao Jinrong was also driven to a dead end, crossing the river and demolishing bridges. The Xie family has never been merciful to allies behind the scenes! Zhang Coe and Zhao Jinrong told Ge Mingde, Listen to Sun Shangyi and the others; the cash system in Hong Kong is relatively strict, and it is common for opponents to attack if there are loopholes.
Shopping malls have never been warm and affectionate, but the Xie family's ruthless decision to throw and tear down the bridge made them sigh.
Since the illegal misappropriation has been demanded, then this loan will always be repaid by Kumho first, Zhou You knew Zhang Ke's overall deployment, and would never hope that Jincheng would have a good life. If the news spreads, It’s unknown how much Jincheng can keep for the remaining 50 million yuan, it’s probably due to the leak in the house and it’s raining all night!” The bank demanded the illegal misappropriation of the loan, and once the news spread, it would definitely cause other creditors to pay for it. Panicked, they all came together to collect debts. The most important piece of assets of Jincheng Group is still the commercial real estate in Shatian West, which is progressing slowly and has not been completed for a long time. Except for those commercial real estates that have been completed and sold smoothly, Jincheng will not be able to completely solve their financial crisis.
Zhang Ke smiled slightly. There is no need to discuss this issue in front of Sun Shangyi and Ge Mingde. He asked about the content of the cooperation agreement between Jiaxin Electronics and Kewang for the disc player market in Southeast Asia.
We will independently register a branch in Hong Kong to develop the disk player market in Southeast Asia, and each company will inject 200 million Hong Kong dollars in proportion...that kid will be in charge.
Too detailed content involves commercial secrets, and Ge Mingde can't know it. But knowing these contents is enough, Zhang Ke thought: Ge Mingde's that kid refers to Ge Yinjun, which is also normal, after all, he is a high-achieving student who returned from Cambridge, and he has been too close in the companies under Ge Mingde four years. Get at least a competent rating. I also had a classmate friendship with Xie Jiannan for a period of time, and he came to be in charge of Kewangdi's overseas branch. Really suitable.
The population of Southeast Asia is about half that of China, and the potential disk drive market is about half that of China. However, they belong to different regions and countries, and the difficulty of management will increase, but not too much. Overseas branches are located in Hong Kong still exists. Hong Kong is not only one of the few financial centers in the world, but also the only financial center in the Chinese business circle. It has a strong ability to radiate to various countries and regions in Southeast Asia.
If the production base is located in the mainland, as long as the overseas agency headquarters in Hong Kong can form a channel dealer network covering the entire Southeast Asia region, but due to the protective barriers of tariffs in various countries, tariff costs will be added to products entering the markets of various countries, and the sales price will naturally be higher. Much taller. The most appropriate way is to take advantage of the reciprocal tariff conditions for electronic products between the Southeast Asian region and the National Alliance to set up the production base in a certain country and region in ASEAN, which can greatly reduce the additional costs caused by tariffs.
Jiaxin Electronics has factories in Malaysia and Singapore. These factories can be lent to King Ke. Although Yin Jun's qualifications are relatively low, I think his father will help him behind the scenes, and then use the Ge family in Southeast Asia to form The agency channel system will not be too difficult, Sun Shangyi said: The next step is to see how they spend money to spread the stalls, and I can imagine that their actions will not be too slow... Sun Shangyi did not explain clearly. He meant that they Here you can also speed up the speed appropriately.
Completed, to spread out is to solve the disc source problem, high-intensity marketing, production capacity expansion, the source problem is easy to solve, domestic experience can be used for reference, as long as the market promotion is in place, disc players and discs can be foreseen The market can be opened at the same time, and the market promotion and production capacity expansion will realize the direct huge investment.
Zhang Ke pretended to say: We really have to speed up, but the capital at the headquarters is also very tight. Not only can't move, the disk player business has already generated profits in Southeast Asia, and these profits have to be continuously raised to develop business In my opinion, the required funds should be for subsidiaries stationed in various places to actively apply for credit guarantee loans from local banks... Mr. Ge has a good relationship with Chinese businessmen in Southeast Asia, right?
Ge Mingde glanced at Sun Shangyi.
Sun Shangyi smiled helplessly: Young Master Ke is really a very stubborn person. Even if you may miss the opportunity to suppress your opponent, you will not give up your judgment...
It is one thing to worry about the economic situation in Southeast Asia, but it is another to actually face market pressure from competitors. Sun Shangyi's consideration is completely reasonable.
Schwab has established production bases in the Philippines and Vietnam, which can completely avoid the tariff barriers between various countries and regions in Southeast Asia. The network of channel dealers has almost been established. If he knew that the Asian financial turmoil was extremely difficult to avoid, Zhang Ke would vigorously develop the disc player market in Southeast Asia in 1997.
Now, Zhang Si repeatedly uses the theory in Ye Zhenmin's article to persuade Sun Shangyi and Ge Mingde. He said with a smile: There is no way. If you don't hit the south wall and don't look back, your stubborn temper will be easily swayed, and you won't have too deep reflection. But it is confidence in oneself...Of course. In order to meet the needs of mergers and acquisitions to increase the stock price of Jiaxin Industrial, and to attract the attention of disc player manufacturers such as Kewang, Xinke, BBK, and Aiduo to the Southeast Asian region, reduce the Due to the pressure from the domestic market, we do have to make superficial articles... Both Aida Electronics and Jiaxin Industrial have announced that they will jointly increase investment in the Southeast Asian market, especially Jiaxin Industrial announced this decision to Hong Kong Investment in the form of an announcement , then it can’t just be talking... Zhang Ke asked Sun Shangyi, Mr. Sun, do you think this is the case?
That's just superficial stuff... Seeing that Zhang Ke's attitude was still consistent, Sun Shangyi could only smile helplessly.
Zhang Ke also has his own plans. As he just said, he suggested that Charles Schwab should use local medium and long-term loans as much as possible to develop disc player business in Southeast Asia, and the profits generated by the disc player business should be withdrawn in time to increase the company's liquidity.
In this way, it is determined that Jiaxin Industrial will not be able to quickly develop the disc player business in Southeast Asia, because Jiaxin Industrial raises tens of millions from ten countries and regions in Southeast Asia, compared with directly financing hundreds of millions from the Hong Kong financial market. The degree will definitely increase several times, only this item. It means that the original management staff of Jiaxin Industrial have no time to take care of other affairs from Fu Jiajun down.
It is undeniable that on this point, Schwab also has some internal problems. Zhang Ke's suggestion is to artificially increase the difficulty of opening the disc player market in Southeast Asia, which makes Fu Jiajun and other former Schwab Industrial managements exhausted.
The future will prove that all these arrangements are correct. But this cannot be brought out at this time to convince others.
The shares of Jiaxin Industrial held by Zhang Ke and the Ye family are higher than those of Sun and Ge. And Jiaxin Industrial's disc player business in Southeast Asia is inseparable from the support of Aida Electronics, the most important thing. Zhang Ke's helping hand is of absolute importance to the revival of Jiaxin Industrial. Even if there are some differences in some aspects, Zhang Ke's suggestion has been well implemented. What's more, the article by Zhang Yan and Ye Zhenmin was carried out as a banner. It also shook the will of Sun Shangyi, Ge Mingde, Fu Jiajun and others.
The reason why Zhang Ke wants Jiaxin Industrial to adopt this method to develop the disc player business in Southeast Asia is that besides deliberately delaying the progress and reducing investment, the other most critical reason is to obtain yen loans from Japan with Xiangxuehai and Xinguang Paper. The reason is the same, that is, they want to directly benefit from the depreciation of currencies in Southeast Asian countries.
This time, Shin Kong Paper obtained a total of 80 million U.S. dollars in yen loans from Japan. After 1998, it will actually be reduced by nearly half due to the depreciation of the yen; Zhang Ke doesn't remember, he doesn't have such a good memory, but he still remembers that among the major currencies in Asia at that time, only the Hong Kong dollar and the renminbi were able to hold on without a large depreciation.
Even if Zhang Ke is deliberately holding back, Fu Jiajun and his team have been developing the disc player business in Southeast Asia for a year, and it has gradually improved. The annual sales in 1996 are expected to reach 200 million Hong Kong dollars. Strong is also evident. When Ge Mingde brought Fu Jiajun into Jiaxin Industrial, he was counting on him to help revitalize Jiaxin Industrial. Zhang Ke put a pair of heavy iron shackles on him and asked him to dance.
Even with heavy iron shackles on, the team led by Fu Jiajun can make progress appropriately after nearly a year of hard work. Zhang Ke's opinions are still those points. Moderate additional openings are fine, but the profits need to be withdrawn in a timely manner and used as Hong Kong dollar balances to increase the capital liquidity of Schwab Industries. The business development in Southeast Asia still requires further additional loans from local banks.
Even if Asia Finance and Southeast Asia's disk player business suffers tragic losses, most of the losses can be made up in the depreciation of the local currency. I believe that Xie Jiannan and Ge Yinjun will directly invest real money in order to speed up the development of the disc player market in Southeast Asia. Anticipate this future. Zhang Ke's heart was quite moist. The first time Zhang Yan came to Hong Kong, he was either staying near the University of Hong Kong or staying near the Southern District. In the impression of Sun Shangyi and Ge Mingde, Hong Kong Central did not have much attraction for Zhang Ke. Sun Shangyi once suggested that Zhang Yanyuexiu move from a remote corner to the most quintessential place in Hong Kong: Central.
That is the modern community that embodies the prosperity and style of Hong Kong. It has the tallest office buildings, financial institutions, plazas and flagship stores of major brands in Hong Kong. In Central, you can not only enjoy the beautiful scenery of the window, but also enjoy the handsome men from all over the world. Beauties, of course Zhang Ke and Xu Si are also objects of appreciation by others.
The future Central Center will still be an old residential area. Zhang Ke said he wanted to stop and take a look. Standing in the alley, he could see a corner of the most prosperous street in Hong Kong. The Bank of China Tower, which was regarded as a symbol of Hong Kong in 1996, was also within sight.
Everyone followed Zhang Ke out of the business car. Ge Mingde saw Zhang Ke staring in the direction of the Bank of China Building, and said with a smile: With the potential of Kumho, we should have a place there in the near future...
The destination they are going to today is also the Bank of China Building.
Zhang Ke got off the car here because when the car turned across the street just now, he saw the road sign of Queen's Avenue. It turned out that this place also belonged to Queen's Road. I just thought about going down to take a look.
In the mid-1990s, most mainlanders knew the place name Queen's Road because they heard the song Queen's Road East by Luo Ta-yu.
Ge Mingde only thought that Zhang Ke stopped here, and he just wanted to take a look at the Bank of China Building from this angle, so that it would be more in line with Zhang Ke's image of a young man who is successful and vigorous.
Zhang Ke looked at the Bank of China Building in the blue sky, and said with a smile: There, forget it, Kumho will stay in Haizhou honestly... He turned his head and asked Sun Shangyi who was standing on his left: I have seen An article introduces the culture of Hong Kong. There is a sentence in it, saying that business makes money and money keeps the foundation. I think it can explain Hong Kong people's thinking of emphasizing business and starting a business: get money through business, but buy real estate. Then use real estate Doing business to obtain income. Exhibiting the value cycle and multiplication process of the commercial and financial industries can roughly outline the history of Hong Kong over the past century. Is this accurate?
Sun Shangyi moved his family to Hong Kong in the 1980s, and he can only be regarded as half a Hong Kong citizen. He said: Business is the lifeblood of Hong Kong. It is no exaggeration to say that...
Zhang Ke smiled lightly and said: It's a pity that the value and proliferation process of the commercial and financial industries makes Hong Kong people only care about enjoying the thrill of asset appreciation, but ignore the crisis like bubbles generated during the rapid asset appreciation process. Zhang Ke still pointed to the Bank of China Building in the distance, and asked Sun Shangyi and Ge Mingde, I haven't paid attention to Hong Kong's property market for a while, how much is that building per ping now?
If someone transfers the land, Ge Mingde thought for a while, Hong Kong people like to use the square meter as the unit of area, and he had to convert it in his mind, The starting price per square meter must be 180,000 Hong Kong dollars...
Zhou You smacked his lips in the back. He didn't have a very specific concept of Hong Kong's property market. One hundred and eighty thousand can buy a house in Jianye.
It will be even crazier... Zhang Ke laughed disdainfully, It would be rude to say so, but Hong Kong's current society has lost the entrepreneurial spirit of the 1940s and 1950s, and is full of investments in horse racing and gambling. The state of mind is the truth. 1997 is the year of the return. Speculation is the most needed excuse. Hong Kong people are looking forward to the rich people from the mainland to come to Hong Kong to buy houses and settle down, and then give a good boost to the Hong Kong property market. I see it On the eve of the reunification, it is possible to fry up to 270,000 yuan per ping... Zhang Ke made an upward gesture, held it high, and said to Sun Shangyi with a smile, When inheriting property, your family will choose I think the shares of Jiaxin Evergrande Real Estate are suitable at this time, but there is a node before and after the handover day, and after that node, it will be... Zhang Co cut it off sharply, This is almost certain .Hong Kong is the center of gravity of the entire Chinese business circle. Once Hong Kong stagnates, the bubbles in the entire Southeast Asia region will not be able to blow. Then this series of bubbles will start to burst from the weakest link... What will happen before? If there is a drastic change, it is impossible to be sure.
This time, Sun Shangyi and his wife Ge Mingjue chose to inherit about 4% of the shares under the name of Charles Schwab Evergrande Real Estate. After deducting the inheritance tax, the assets are as much as 600 million Hong Kong dollars. This is also based on Zhang Ke’s suggestion and careful analysis of Ye Zhenmin. The choice made after the point of view in the article, the Hong Kong property market will have a sharp rise before the reunification, which will directly stimulate the rise of real estate stocks, but they will also gradually withdraw equity assets before July next year Industrial investment in the Mainland.
Sun Shangyi smiled and said: Crazy is not a bad thing. If you don't take advantage of the stubbornness of this mad cow, the possibility of success in the merger and acquisition plan will be much lower; let's talk about it, if Ge Mingxin didn't want to boost investors Confidence in the Charles Schwab Group, the concept of disc players is widely promoted in the financial and business circles of Hong Kong, and Yinheng Securities may not be so eager to make further contact with us...
It is very difficult to put all the disk drive assets of Aida Electronics into Charles Schwab. The scale of the public increase has already exceeded the market value of Charles Schwab itself. Yinheng Securities, a subsidiary of Guoyu Group, cooperates, and Yinheng Securities will provide operational guidance and business services for the entire increase plan.
Yinheng Securities is located on the twelfth floor of the Bank of China Building, which is the destination of their trip today.
Sun Shangyi was in charge of the initial contact with Yinheng Securities before, and the formal cooperation negotiations will start today. As the real beneficiary behind the scenes of this increase plan, Zhang Ke also wants to attend as a courtesy.
Yinheng Securities was not very interested in the merger and acquisition plan of Schwab Industries before. It was too difficult. The initial contact was so smooth, I really want to thank Xie Hanjing, Xie Jiannan, Ge Mingxin, and Ge Yinjun. Otherwise, with the weak influence of Charles Schwab, the concept of disc players would not be able to attract too much attention from the Hong Kong securities investment industry. Switching to Jiaxin Electronics is different. In addition, Ge Mingxin hoped that the cooperation with Kewang would boost investors' confidence in Jiaxin Group, and he also vigorously publicized it. This made Yinheng Securities see the huge business opportunities hidden behind the difficulties from the M \u0026 A plan of Charles Schwab, so it became active.
Ge Mingde said with a contemptuous tone: It's still good to irritate Ge Mingxin's big head...
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