Xia Yu was very satisfied with the results of the Galaxy Fund in this operation.

In this battle, his small treasury, which was about to bottom, was filled again.

With more than 44 billion US dollars in liquidity, and at least 10 billion US dollars of funds can be withdrawn from the consortium at any time, although this huge wealth cannot allow Xia Yu to do whatever he wants in the world, he can also do a lot of things.

As for the equity of oil fields, mines, and companies in corresponding fields that are now worth $14.7 billion in 19 countries such as Latin America, Xia Yu has learned in detail.

Among them, the equity of various mines and mining companies is more, and the Galaxy Fund spent nearly $7.8 billion to buy the bottom.

The shares of the oil field and oil companies were purchased at a cost of $6,943 million.

Of course, both of these types were bought at the bottom during the trough, and if they were put before the sovereign debt crisis in Latin America and other countries, the value would have at least doubled, which means that these assets are worth more than $30 billion combined.

It's just that there is no market for prices now, and the bad situation in Latin America and other countries has also led to the poor operation of companies in these countries.

Now that the international price of crude oil has been declining after the previous price of $39 a barrel, the life of companies in the oil field is becoming more and more difficult.

Moreover, according to the current global economic situation and historical trend, international crude oil prices will continue to decline in the next three or four years, and even plummet directly to a trough of about $10 a barrel before they begin to rebound.

However, that price will force a large number of oil companies to death, making many oil companies around the world on the verge of bankruptcy or bankruptcy, leading to a series of mergers and acquisitions in the oil field around the world.

The mining sector is also bad, and with a sluggish global economy, industry is not rightfully thriving.

Iron ore is needed for steel, the biggest pillar of industry.

Xia Yu knows very well that from the oil crisis in 1973 to the present, and even in the next one or two decades, the global steel industry is difficult to manage, and the US steel industry lacks international competitiveness.

In 1979, U.S. Steel, a subsidiary of the Cleveland consortium, lost more than $800 million, and 13 of its steel plants went bankrupt.

In recent years, there have been steel companies going bankrupt, and there will be a large number of steel companies going bankrupt and reorganizing in the future.

It wasn't until 2008, when China was buying and buying globally, that the iron ore industry took off, and the prices of most other metal ores soared.

So now, it's not the best time to get into the oil and mining sector.

Whether it was 1985 or 1987, there were great opportunities, and now it is laborious and costly to force in, which is not what the wise man said.

After all, he doesn't have a lot of money and has nowhere to spend it, not to the point where he is here.

Therefore, Xia Yu only planned to get started for the time being.

So he set up two offshore holding companies, Pacific Petroleum and Bluestar Mining, and put two types of assets under the names of these two companies, which are responsible for supervision.

The stakes of these two controlling companies have been very complicatedly hidden, and unless all the three offshore paradises in the world are open to secret, no one will be able to identify these two companies as having anything to do with Xia Yu.

In addition to Galaxy Fund, Xia Yu also learned about companies such as Bright Fund, Polaris Capital, Jiuding Bank and Jiuding Securities.

These companies have all received Xia Yu's reminders, so they have taken action before the outbreak of the Latin American sovereign debt crisis, and this time they have also made a lot of money.

Together, the four companies benefited $9.7 billion.

It's just that Xia Yu didn't transfer the money, and as the assets of these four companies, Peter Lynch, George Berkeley and others used it to expand their respective companies.

After all, whether it is Bright Fund or Polaris Capital, in Xia Yu's mind, it is equivalent to a consortium that has entered Europe and the United States, and the demand for funds is simply not too much.

Jiuding Bank and Jiuding Securities, as two giants in the financial industry, want to wrestle with the world's giants, and the demand for funds is also extremely amazing.

In the following time, Xia Yu plunged into the annual reports of various companies, held meetings almost every day to read documents, and visited some companies when he had time to understand the most real situation.

Of course, apart from a few minor problems, he didn't find any major corporate corruption.

This is also related to the approval mechanism and management mechanism for the use of funds that he has determined.

Large sums of money must be reported to him, and the chairman's office is responsible for reviewing and then giving it to him, with double restrictions.

And the most important thing is the management mechanism.

This has to mention his standard accounting firm, the largest accounting firm in Asia.

The financial department of each company is set up by a standard accounting firm, and in order to prevent the accountants of the firm from colluding with the company's personnel, the financial residency time is also half a year, and then randomly assigned.

To put it in detail, the company in the financial department of each company is not linked to the performance of each company, and the salary and bonus are paid by the standard accounting firm, which has no interest in itself and can not be favored.

The accountants will be broken up and regrouped every six months, and the companies to be stationed are randomly selected, which avoids the risk of collusion and corruption caused by an accountant staying in a company for a long time.

In addition, the group level will also specially assign special personnel to form an audit and investigation team, and there will be an audit and investigation team to audit the finances of each company throughout the year.

If there is a financial problem in a company and the resident financial personnel do not find it, once the problem is found by the audit investigation team, it will be dealt with according to the situation.

If it occurs during the stationing period of the financial department, the financial department will be processed, and at the same time, it will be reported to the top, and then the top will feedback to the company for disposal.

If it is a problem during the tenure of the predecessor or the predecessor's assigned financial department, and it is not discovered until the later audit, then the financial department in the period where the problem occurs is mainly responsible, and the financial department that takes over in each subsequent period is responsible.

As for the salaries and bonuses of the audit and investigation teams, they are linked to the problems they identify, and the more and more serious the problems identified, the more generous the bonuses.

Therefore, every time the audit and investigation team is eager to turn the page and find out all the problems.

These reward and punishment measures and management regulations are like high-voltage lines, woven into a net, which greatly stifies corruption before it is budded and ensures Xia Yu's interests to the greatest extent.

This set of mechanisms, Xia Yu was formulated in combination with the political mechanisms of China in the previous life.

I have to say, it is very effective.

In addition to the fact that many problems were identified when the mechanism first started, fewer and fewer problems were identified as time went by.

It's not that the regulatory mechanism is ineffective, but that fewer and fewer people dare to take risks.

When Xia Yu was combing through his assets.

Chen Caijun has already flown to Geneva, Switzerland with the team of Tiangong Automobile Group and the exhibited cars.

At this time, other large and small car companies around the world have also come here with masterpieces that will be mass-produced this year or in the next few years.

Along with them are media from all over the world.

The Geneva International Motor Show in Switzerland is about to open!

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