Chapter 327: Re-election

Bradshaw's change of attitude is very crucial to Li Xuan's acquisition plan. Behind him stood the support of a number of major shareholders, and he embarked on a series of drastic reforms since he became chairman of the board of directors of RCA in 1981. These reforms have paid off, and Bradshaw has built up a lot of prestige within RCA.

"Peter, congratulations!" Li Xuan said to the muscular man in front of him.

"This is indeed a bonus, and I must thank you!" Peter Charleson smiled happily at Li Xuan, revealing a mouthful of white teeth.

RCA's CEO position has been vacant for more than two months since his previous CEO left his contract expired. There was speculation that Bradshaw was planning to poach people from other companies, but he suddenly held a board meeting yesterday and voted to appoint Peter Charlison, the former director and senior vice president of RCA, as the new CEO of RCA.

A few days ago, Charleson suddenly received an invitation from Bradshaw, and the two had a deep conversation in the chairman's office. For the first time, Bradshaw revealed to him the information that the Oriental Electronics Group was interested in acquiring RCA.

In the exchange between the two, Charleson also found that his boss did not seem to object to this acquisition that seemed to him to be somewhat unexpected. Bradshaw also briefed him on Li Xuan's strategy for Asia, that is, to gradually transfer the production of electronic products, including televisions, radios, and picture tubes, to Asia.

Charleson has been with RCA for 12 years, most recently as President of RCA's Taiwan subsidiary. RCA began to invest in Taiwan as early as the early 70s, and built a large-scale TV production base in Hsinchu. Therefore, Charleson's knowledge of the Asian electronics industry is very good. It should be the clearest among RCA's senior management.

And Charleson basically agrees with the strategy of shifting the company's production capacity to Asia. During his tenure in Taiwan. He has visited a large number of electronics factories in Japan, South Korea, Hong Kong, Singapore, and Taiwan.

The most impressive thing about the workers in Asia is their willingness to endure hardships. It's nowhere near as difficult as American workers. Back when Charleson first became a director of RCA, he proposed to expand the company's production capacity at the company's Hsinchu plant in Taiwan, but his proposal was not adopted. He was also an active promoter of the project of a joint venture between RCA and Hong Kong Oriental Group to build a picture tube factory, and personally participated in this project.

It is because of these factors that Bradshaw decided to elect Charleson as CEO in order to better execute his Asia strategy. Charleson was well aware that Bradshaw had been contacting Westinghouse CEO Michael Spolin to work at RCA. Both of them seem to have had in-depth communication, but they didn't expect Bradshaw to suddenly choose himself.

"Lee. I'm hoping to have a detailed tour of Hong Kong!" said Charleson.

"Of course, I'm very willing to be a guide!" Li Xuan nodded.

Charleson naturally did not need Li Xuan's consent to go to Hong Kong, because he wanted to have a detailed understanding of the entire electronic system that the Oriental Bloc had built in Hong Kong in the past four years. In particular, all the electronic products of the Oriental Group adopt the outsourcing OEM model, and these experiences are of great significance to RCA.

More importantly, Charleson's trip to Hong Kong is also a detailed on-site audit of the overall strength of the Oriental Group on behalf of RCA. If Charlison's conclusions. to satisfy him and Bradshaw behind him. Then the two of them will really put in the effort to push the entire management of the company to approve the merger proposal of the Eastern Group.

Charleson also knew very well that this was the first test he faced after taking over as CEO of RCA. Regardless of whether RCA will eventually be owned by this young oriental face in front of him. Bradshaw has decided to move the company's production capacity to Asia.

As the head of the company's actual operation team, the CEO is the second person after the chairman of the company. If the chairman and CEO of the company agree on an issue, it basically means that the company's management agrees. And for Li Xuan. Charlison's appointment as CEO of RCA is undoubtedly good news.

Before Li Xuan came to the United States. Charleson has always been one of the RCA executives who has had the most contact with him and knows the most about Dongfang Electronics. What's more. Li Xuan established a good personal friendship in several exchanges with the other party.

Although as mature professional managers, personal friendships are unlikely to affect them to make sound business judgments. But a good relationship with Li Xuan at least makes Charleson not congenitally rejected because the Oriental Group is a Hong Kong company.

Just as Li Xuan was intensively arranging the acquisition of RCA, he once again became the center of media attention around the world. Because the 1983 Forbes list of the world's richest people was released. Li Xuan once again topped the list of the world's richest people with a total wealth of 10 billion assets, which is twice as many as the richest man in the United States this year.

At the same time, compared with his total assets of $7 billion last year, Li Xuan's personal wealth has increased by $3 billion. The largest part of this contribution came from the successful listing of computer parks in the United States earlier this year.

1983 was the year of computers in the United States, and many of the most famous American magazines, including Time magazine and Fortune, all chose personal computers as the cover of the first issue of the new year.

The U.S. stock market has entered a new round of bull market cycle since the end of last year, and computer-related stocks have borne the brunt of this and become the focus of the capital market. Computer Park has never been profitable in the past three years, but that doesn't stop investors from being bullish on him.

Anyone with insight can clearly see that the energy contained in the personal computer market is far from really exploding. The revenue of the computer park company is actually very good-looking, and its loss is due to the reinvestment of a large amount of money in horse racing. Now the computer park company has become the world's largest chain computer seller.

At the same time, the computer park company is also actively transforming. On the basis of consolidating its dominant position in the field of computer sales, it has continuously expanded its services. Began to transform into a comprehensive chain of home appliance retailers. The strategic loss now is to obtain more generous returns in the future.

Investors are optimistic about computer park companies. This is also clearly reflected in the changes in stock prices. The IPO price of Computer Park was $30 at the time of the IPO on the NASDAQ market, and the closing price on the first day accounted for $33.6. In just half a year after its listing, the company's stock price has soared to $45, and the company's total market value has reached $3.6 billion.

Last year, Forbes magazine valued the computer park at about $1 billion, and now the company's total market capitalization has risen to $3.6 billion. Li Xuan's stake in Computer Park has added more than $1.5 billion in just one year.

Affected by the explosive growth of the personal computer industry, although the UK economy is still sluggish, the stock price of Aikang Computer Company also continues to rise, which brings Li Xuan a wealth growth of about 500 million US dollars.

Meanwhile. Forbes magazine also sharply adjusted the valuation of other non-securitized assets under Li Xuan's name. For example, the Oriental Institute, which was valued at $500 million last year, has been adjusted to $800 million this time. Oriental Games, which was valued at $1.6 billion last year, has been adjusted to $2 billion this year.

In fact, this adjustment is still a little conservative, after all, Forbes magazine is not a specialized accounting firm, and it is impossible for the Eastern Group to disclose detailed financial figures to it.

For example, Citibank is conducting a detailed asset appraisal of Oriental Games. They gave a preliminary estimate of between $3 billion and $3.5 billion. Li Xuan used Oriental Games as collateral, and the loan he could eventually get would be around $2.5 billion.

However, according to Li Xuan's requirements, the loan agreement between Citibank and Oriental Group will be kept confidential until it is officially signed and takes effect. After all, the Eastern Group is doing well. There is no shortage of money per se. As soon as this news is announced, even a fool can guess that Li Xuan is ready to carry out a large-scale merger and acquisition action.

And if the editors of Forbes magazine could know the valuation of Citibank to Oriental Games. Presumably, they will definitely increase Li Xuan's wealth figure by another billion US dollars. But even if the figure they give is not accurate now, the figure of $10 billion is terrifying enough for the average person.

For the first time on earth, a super-rich man with a personal fortune of $10 billion was born, and the media from all over the world rushed to New York to frantically besiege Li Xuan. Unlike last year, when he chose to stay away from the mainland to avoid harassment. Li Xuan chose to face the flash calmly this year.

Under the public relations planning of the Yabo team, Li Xuan frequently appeared in newspapers, television, and radio. And the major media in order to compete for space and grab ratings. They all asked Li Xuan to accept an exclusive interview with their reporters, so most of them accepted the various requests put forward by Li Xuan's public relations team.

And took advantage of Li Xuan's shocking wealth of 10 billion. The opportunity to become the richest man in the world again, the Yabo team carried out an all-round image shaping for Li Xuan.

He is a young entrepreneur, only 23 years old this year, and has been established for less than five years in Dongfang Electronics. He is a philanthropist who has donated more than $100 million to various philanthropic donations in Asia, Europe and the Americas in a few years.

He is an ordinary legend, like ordinary people, with joys and sorrows, and different from ordinary people, with wisdom and creativity to achieve unprecedented success!

"Help me rub my face, I feel that the muscles in both cheeks are stiff with laughter! The second time I realized it, it turns out that laughing can become so tired and painful!" Li Xuan went straight to the sofa as soon as he entered the door, and he reclined down and occupied the entire couch, and his head leaned on his wife's thigh.

"When was the first time?" Zhong Chuhong asked curiously.

"When I got married last time!" Li Xuan replied casually.

"Wow, it turns out that marrying me is so painful!" Zhong Chuhong recalled that on the day of last year's wedding, when the two were in the dressing room, this villain did have the same complaint.

"I was wrong, you just thought I was farting just now! Being able to marry the gentle and virtuous Ah Hong as a wife is a blessing that I have cultivated in my previous life. How can it be painful, it's too late to be happy! Don't you notice that I often wake up in the middle of the night!"

As soon as Li Xuan spoke, he had already discovered his mistake, and as a result, his ears were immediately twisted as punishment. So he hurriedly made up for it with meaty love words.

"Hmph, count you as acquaintances, for the sake of the baby's face today, I will spare you once!" Zhong Chuhong gently stroked her husband's face, with a hint of sweetness on her face.

"Is the baby well-behaved today, did he kick you!" Li Xuan also raised his hand and gently touched Zhong Chuhong's already round belly, and said softly.

"It's okay, Sophie accompanied me to have a check-up today, and the doctor said that the baby is very healthy!" Zhong Chuhong is a new mother, and even her words are a little more loving.

Time seemed to be forbidden at this moment, and neither of the two of them spoke, just quietly enjoying this rare tranquility.

However, someone apparently didn't want to let them go, and the phone in the living room suddenly began to ring rapidly. Li Xuan had no choice but to get up and answer the phone.

The call came from Hong Kong, which was more than 10,000 kilometers away.

"Mr. Li, the situation in Hong Kong is very bad right now! The communiqué on the fourth round of Sino-British negotiations released yesterday omitted the words 'beneficial' and 'constructive' commonly used words, so today Hong Kong newspapers are speculating that the Sino-British negotiations are on the verge of breaking down!

Since noon, many shops have begun to refuse to accept Hong Kong dollars, and banks and money changers have sold out of the market! The exchange rate of the Hong Kong dollar against the US dollar has fallen to 9.6 to 1! Moreover, Hong Kong has begun to fall into a state of chaos throughout the city, and countless people have begun to rush into supermarkets to buy almost everything, for fear that the Hong Kong dollar will become waste paper if it is left in their hands! Han Peng on the other end of the phone had a tremor in his tone, and Li Xuan could imagine that the situation in Hong Kong had become so bad that it could not be worse.

This is a typical man-made disaster, in fact, since September, the road has already begun to emerge. For example, Hong Kong Financial Secretary Pang Laizhi openly said: "It is impossible for the government to stabilize the Hong Kong dollar exchange rate at any particular level, it must depend on market forces." ”

He then accused BOCHK of deepening the crisis by buying large quantities of dollars. He also warned that the decline in the Hong Kong dollar could not be stopped unless China "gave a positive stance on the progress of the negotiations".

Obviously, the British began to play the economic card, trying to create an economic crisis in Hong Kong to intimidate Beijing and force the other side to make concessions. But apparently the British did not understand that Hong Kong was not under Chinese rule and that its economic chaos did not have much impact on the mainland government. Even if the government is playing the board, it will be at most half of China and half of the UK, and it is impossible for China to make concessions because of this.

"Lao Han, still acting according to the original plan, the British cannot let Hong Kong's economy really collapse, after all, Hong Kong is still under their rule! I estimate that the Hong Kong dollar falling to 9.6 should be the lowest point, and we must seize the opportunity to quickly absorb chips.

I should immediately leave to rush back to Hong Kong, and we should also speak out on behalf of Hong Kong's business community, the British can't mess around like this, it's not conducive to Hong Kong's prosperity and stability!" Li Xuan said with a chuckle. (To be continued......)