"The board of directors has approved Mr. Xu's investment plan, and the CFIUS side also needs to go through certain procedures for such a large investment, but because Mr. Xu is just an ordinary commercial investment this time, and does not seek management rights and voting rights, the CFIUS side should not be a problem. Welch nodded.

He was elected as the new CEO of GE earlier this year, and as agreed with Xu Zhi, he applied to the board of directors for a private placement of shares for Heung Kong Hutchison Whampoa Group.

It took Welch two months to convince the board to accept the financing from Heungjiang. The reason why he is so aggressive is not because of how much Welch keeps his promises, and the current GE is suffering from a serious "big company disease", all departments are extremely inefficient, and he needs to carry out a major reform.

But the reform will touch too many interests, although he became the CEO, it does not mean that he has become the emperor of the company, many high-ranking people will still be extremely powerful obstacles, in order to increase the probability of his reform success, Welch needs a large amount of cash that can be freely controlled by him, and Xu Zhi sent this gift at this time.

"Well, I've got $580 million in cash at Citibank, and with a word from Mr. Welch, the money can be transferred to GE's account immediately. Xu Zhi said with a smile, in order to increase the success rate, after Hutchison became a shareholder of General Electric, he not only gave up the opportunity to become the board of directors, but also gave up the qualification to vote at the shareholders' meeting.

"Then I wish us a happy cooperation. Welch said with a smile that at present, GE's market capitalization is about $14 billion, and its annual net profit is about $1.2 billion, $580 million, which is a huge amount of money even for GE now, and more importantly, this money is cash outside the company's budget, and it does not belong to any old internal forces, and nominally he, the CEO, can fully control the cash.

After a two-hour flight, the plane landed successfully at Boston International Airport, and General Electric sent several Cadillacs to greet Xu Zhi, the investor and CEO Welch.

"This is the first time I've come out of the VIP tunnel in the airport. After Welch got into the company car, he said to Xu Zhi with a smile that Xu Zhi's plane did not dock the passenger guidance desk like other airlines after landing, after all, this is only a few people, and it is impossible to have a special guidance desk like civil aviation.

The airport has specially arranged a bus to transport the group on the plane to the VIP exit of the airport.

"Doesn't General Electric have private jets?" Xu Zhi asked with a smile.

"Yes, but it's just a small Gulfstream, and the range is enough in the United States, and our kind of aircraft will not choose to take off and land at large civilian airports. Welch replied.

"Also, small planes are a lot more convenient. Xu Zhi nodded and said that the airports in the United States are the first in the world, most of which are small airports, which are suitable for the take-off and landing of business aircraft like Gulfstream, unlike civil aviation, which is far more efficient than Boeing and other aircraft.

Welch smiled: "Convenience is convenient, but comfort is far from it!"

"That's just as well. Xu Zhi smiled and nodded, Boeing and Gulfstream, both of which are top companies in their respective fields, are actually not bad in terms of technology, but Gulfstream is taking the development route of small aircraft after all.

No matter how good the design of the small aircraft is, it is difficult to avoid the problem of difficulty in improving the comfort, which is not only the size of the aircraft space and the interior decoration, but more importantly, during the flight, if it encounters air currents or other climate changes, the small aircraft will vibrate very strongly, and if you don't pay attention, people will fall, even if you can detect climate change in advance with current technology, there will often be a sudden attack.

The Boeing plane is much better, even if it is a 737, it is several times heavier than the ordinary Gulfstream, not to mention Xu Zhi's 747, unless it encounters an extremely strong cyclone, it will not have any impact on the passengers inside.

The convoy soon arrived at General Electric's headquarters in the southern suburbs of Boston, where a megatower could be seen in the distance.

It's a 76-storey building, which is definitely the first building in Hong Kong, but in the United States, it's just one of the ordinary buildings.

Beyond the building is a commercial complex, the entire area owned by General Electric, forming a headquarters of Nuoda, where GE alone employs 16,000 people.

Welch and several company executives personally took Xu Zhi and his party to take a brief tour of the headquarters building of General Electric, and also gave a brief introduction.

"Mr. Xu, please be seated. After walking around the building, the two arrived at Welch's office.

Xu Zhi smiled: "Thank you." ”

"One thing I wonder is why Mr. Xu has to take a stake in General Electric, and with $600 million in cash, he can buy many medium-sized companies in the United States. Welch asked with a smile, he had always wondered why the other party was so optimistic about GE.

Huge capital investments in large companies, mostly to control the company, or at least to a certain extent to influence the company's decision-making, but Xu Zhi's investment is clearly not for this, it is purely a business investment.

The current market value of GE is as high as more than $10 billion, and it is one of the largest industrial giants in the United States, and the major shareholders are generally large pension funds or union funds.

Xu Zhi said with a smile: "Rather than saying that I am optimistic about General Electric, I am optimistic about Mr. Welch, I believe that the current General Electric, under the leadership of Mr. Welch, will be able to give us shareholders higher returns." ”

"Mr. Xu has won the award. Welch smiled, he naturally didn't believe this, but since he couldn't ask, he didn't force it, but asked: "I heard that Mr. Xu moved all the production of RCA TV to the mainland?"

"Yes, the price of labor in the mainland is very low, and the price of land is cheap, and the tax is very favorable. Xu Zhi nodded, this is not a secret, and asked, "Is Mr. Welch also interested in investing in the mainland?"