What exactly is the fourth wave of dividends?

That night, his wife Chen Lingxi gave her answer, which was the Internet dividend.

As a new technology that subverts the traditional economy, it will bring about unprecedented lifestyle changes, and currently stands on the same starting line as the developed countries of the West, and China has enough market to accommodate the dividends brought by the Internet.

This is also in line with the topic of Chen Lingxi's senior graduation thesis, the impact of the Internet on the future economy, she believes that the Internet will greatly change people's lives, and the combination of real and virtual networks will be closer in the future.

As a student at the School of Economics and Management of Huaqing University, Chen Lingxi's insights have surpassed those of his peers, but this is not the answer in Han Hao's heart.

At the regular executive meeting after the National Day, Han Hao asked what is the core competitiveness of Zhonghua Group now?

"I think it's technology, and only when technology drives innovation can we stand out from the competition.

Among our domestic counterparts, our R&D investment is at the forefront, and a steady stream of new achievements are transformed into productivity every year.

If we don't have the core technology, we are at the bottom end of the industry like other assembly plants. ”

This is the answer of Zhao Quanfu, president of the Automotive Research Institute, who believes that technology is the unique competitiveness of Zhonghua Group that distinguishes it from other competitors.

Ling Yunzhi, executive vice president of the group, put forward a different point of view, he believes that Zhonghua Group's promotion of the national brand is a great righteousness and meets the requirements of the times.

"China's national industry needs a banner, especially in the automotive industry, many people expect to have their own brands to compete with international giants, so it is a great righteousness for Zhonghua Group to hold high the banner of national brands and win the hearts of the people.

As long as we continue to insist on carrying the banner of the national automobile industry, we will be able to gather talents and embrace all rivers, and consumers will support us. In the context of the homogenization of automotive technology in the future, the cost-effective national cars of independent brands will be the main consideration for consumers. ”

The third point was made by the group's chief financial officer, Yin Qingxun, who believes that the strength of Zhonghua Group lies in capital.

"Zhonghua Group has a flexible capital operation mode that is incomparable to that of state-owned enterprises, especially now that it has opened up two major stock market financing channels, coupled with the bank credit obtained by the industry, the amount of funds that can be deployed is a jaw-dropping figure. As long as Mr. Han maintains the status and goodwill of the richest man, he can maintain his capital influence without boundaries.

In the future, China will enter the world of capital, and capital will affect the layout and development of business. In front of the moat built by capital, it is very difficult for ordinary people to create a business miracle. Our country will enter a capitalist commercial society with Chinese characteristics, and any good project will not be able to escape the harvest of capital in the embryonic stage, and will eventually become the fate of capital work. ”

Yin Qingxun has always believed that China will repeat the path of the West, which has followed the path of development for hundreds of years, and China will complete the replication in a few decades by virtue of its late-mover advantage, and finally after the economic structure is stabilized, capital will begin to dominate the future economy.

It can be said that the answers of the three executives are all from the perspective of what they are good at, but they all touch on the core competitiveness of Zhonghua Group.

The answer to the fourth wave of dividends is between the three, and it is obvious that Han Hao is inclined to the third answer, that in the future, Chinese society will enter the dividend of capital.

In the context of saturated market demand, the loss of cheap and low-end labor advantages, and the rising cost of high-end intellectual talents, capital will become China's new dividend.

Whoever has more capital at hand will be able to cast a net to catch all kinds of fish, and then catch them all when the fish grow up, so as to enjoy the development dividends brought by the Chinese market.

The most obvious example is Alibaba, where Han Hao's original investment has now risen more than 10 times. When many entrepreneurial enterprises are short of money and waiting to be fed, whoever can give it like charcoal in the snow will be able to reap the dividends of future development.

If you invest 1 yuan now, you can bring back 10 yuan or even 100 yuan in return in the future.

If you want to say who is the person who controls the most capital in China now? Han Hao said that no one dares to call him the first.

"China's economy is constantly developing, but it will not always maintain high growth, and it will always slow down to a certain extent.

This node is to complete the urbanization construction on a large scale, when China will reach the stage of comparable to neighboring developed countries such as Japan and South Korea, and the economy will begin to enter high-capacity and low-growth development.

Whether you admit it or not, capital that has completed primitive accumulation intervenes in various economic activities and becomes their dominant.

Obviously, you are one of the biggest capitalists in China!

You have the opportunity to use your strengths to expand your territory and build your own Great Wall when others have not completed the original accumulation. Once successful, you will keep all the barbarians out of the walls and enjoy the fruits of victory alone. ”

Yin Qingxun, who has studied Western economics thoroughly, hit the nail on the head and said the answer in Han Hao's heart.

"The market economy is not unique to capitalist countries, and since the existence of the market economy is recognized, capitalists can also be born in socialist countries.

Capitalist is a neutral word, just like a sharp knife that has no right or wrong nature, depending on whose hands it holds.

Now that you have a red hat on your head, you can make a big difference in the socialist market economy.

If you can, you can become a red capitalist in the new era, surpassing any of your peers in the past. ”

Yin Qingxun's words were a bit shocking, but they did tell the truth, he would rather build a huge capital empire than the car kingdom.

Assisted by a generation of heroes Jin Yangyong, Yin Qingxun has witnessed the other party put forward the concept of "capital operation to make cars", but the times create heroes, and the real beneficiary of the concept of capital operation is the current richest man Han Hao.

With industry in hand, credibility on his body, and halo on his head, no one is more suitable than Han Hao to be a practitioner of capital operation.

Why didn't Hu Yiming say what the fourth wave of dividends was?

Han Hao can also guess one or two in his heart so far, what Yin Qingxun can say, it may not be convenient for his teacher to say.

Thinking about this, what to do next is very simple, after completing the original accumulation, Han Hao has the strength to do a big job in the capital market.

At Yin Qingxun's suggestion, Han Hao will set up two investment funds as a platform for capital operation.

One specializes in investing in automobile-related fields to form a community of destiny that complements the existing main business of automobiles.

For those auto parts enterprises with development potential, China Group will support them in terms of capital and technology after becoming a shareholder, and incubate them with world-class supplier standards to create a small but fine team with international competitiveness.

If Zhonghua Group wants to become an international large enterprise, it is not possible to have an independent parts supply team with international competitiveness behind it, and each automobile giant is supported by its own excellent parts system.

Han Hao will not interfere too much in the normal operation of the shareholding company, he will only choose potential enterprises to support, and whether the company can stand out in the end depends on the final performance in the market.

The concept of "China system" came into being, driven by the giant ship of China Group, other small sampan companies are willing to follow and go to sea together, which can have the dividends of the giant ship escorting beside them.

Han Hao is looking forward to all of them growing into big ships that can withstand the wind and waves, so as to build an omnipotent super fleet with the Zhonghua Group.

The second fund invests in a wider range of industries, as long as there is a promising future, and it believes that it can change people's lifestyles, it can become the target of the net.

"Create another China Group!"

This is the goal given by Yoon Kyung-hoon.

By taking advantage of the existing capital, when those potential unicorn companies emerge, the big net of China Group can notice them and encompass them.

Unlike other venture capitalists who withdraw from the company after listing, Zhonghua Group will continue to hold shares and patiently enjoy development dividends.

Yoon's real intention is to build a Chinese Berkshire company, and to that end he will abandon the idea of retirement and continue to fight in the capital market.

"After years of economic development, many leading companies have been born. As a learning template, as long as China's economy develops steadily, it will also produce many great enterprises like the United States.

Today's team of less than 10 people may be the prototype of the future international giant. The only thing we have to do is to find and discover them, and at the same time sow the seeds of our capital.

Everything we are doing today may be witnessing history, or we may be making history. ”

Great people are never willing to be mediocre, and when he was invited by Han Hao to come out of the mountain again, Yin Qingxun took a fancy to the broad platform on the other party.

Now he can finally use his strength to get what he wants and move towards the ultimate goal in his heart.

Capital operation is a negative word in China many times, almost with the white wolf of empty gloves. At the beginning, Jin Yangyong proposed "capital operation to build cars", but in fact, he was just trying to make money from the financial market, and did not really understand the true essence of capital.

At present, Han Hao's capital operation is a killer move in a new sense, using the capital accumulated by the industry to operate in reverse and build his own capital empire.

As a result, Han Hao officially announced the transformation and upgrading of Zhonghua Group and began to enter the 3.0 version era.

When he was still Han Yao Factory, he entered the motorcycle field, which was regarded as version 1.0. Later, it successfully entered the automotive field and became a domestic automobile industry giant, belonging to the 2.0 model.

In the future, Zhonghua Group will be driven by the dual engines of industry and investment, and start a new journey of the third edition.

Compared with the previous two upgrades, today's Han Hao is more confident, because the resources he has in his hands are no longer the same.

However, at present, he still has to solve a thorny problem, that is, the pure electric bus line that has just been put into trial operation in Jiangzhou is at risk of being stopped by the state.

Because the Kunpeng pure electric bus was operated on the road without passing the national acceptance, it was sued by the central ministries and commissions, and it was an unauthorized operation of the vehicle. Many people question that today, when new energy technology is not yet mature, Zhonghua Group and Jiangzhou Municipal Government are in such a hurry to promote pure electric buses, just for hype, without taking into account public safety. In the end, whether the Kunpeng bus is qualified or not, whether it can be on the road or not, must be given an explanation by the state!