Some people say that the U.S. market sneezes into the global cold, which is not only a matter of investor sentiment, but more importantly, the United States is the world's largest economy, and the Federal Reserve can be said to be the world's central bank, and the U.S. market will inevitably reflect changes in the U.S. economy and liquidity, which is an intrinsic impact on the world.

In 2007, the U.S. stock market underwent several major corrections, which once caused panic among investors, and now it seems that it has mostly corrected.

The Celestial Empire's Shanghai and Shenzhen stock market indices even set new highs.

However, no one knows that this may be a return to the stock market, and how cruel the plunge that will come next will be.

In this atmosphere, New Year's Day 2008 quietly came.

Guanghui Film and Television's "2012" continued to be hot, and the "Casting Name" and "Assembly Number" were miserable, and the box office exceeded 200 million in the first week of release, setting a new record for the box office of the Celestial Empire in one fell swoop.

In the last week of 2007, with the Israeli military's order for 5,000 UAVs, the original unknown Guanghui UAV made a good sense of existence, and its annual sales successfully exceeded 2 billion yuan, contributing hundreds of millions of profits to the development and growth of Guanghui Group.

The star enterprise Guanghui mobile phone is to continue last year's outstanding performance, products in short supply, especially the newly listed Gpad, is completely a dark horse in the electronics market. With the efforts of this dark horse and the evergreen Gphone, the turnover of Guanghui Mobile in 2007 successfully exceeded 100 billion yuan, becoming a top enterprise in Shenzhen and even Lingnan Province.

Among them, the export value of Guanghui mobile phones has rushed to the fourth place in the country in one fell swoop, second only to Futukang, Dafeng and Mingshuo computers.

Futukang and Dafeng are foundries, although the export amount is very large, but the profits that really stay in China are not much, and Mingshuo, as a subsidiary of ASUS, is mainly due to the fact that ASUS is the world's largest producer of computer motherboards and graphics cards, and is also a leading notebook computer manufacturer.

Just looking at the profits, Guanghui Mobile can pk the sum of the bosses, the second and the third in front.

With an annual profit of nearly 50 billion yuan and a tax payment of nearly 10 billion yuan, Guanghui mobile phone is already a very special pure presence in China, and no one dares to ignore it easily.

The R&D investment of Guanghui mobile phone is also far ahead among domestic high-tech enterprises. In 2007 alone, nearly 5 billion yuan was thrown in, and the development of chips, storage, motherboards, screens and other technologies was launched.

These developments are still in the early stage, and when the factory starts to be built, the cost will not be 500 million, and it is estimated that it will have to be added to zero.

For a long time, the major investors in R&D investment are pharmaceutical giants such as Pfizer, Johnson & Johnson, and GlaxoSmithKline, and the R&D expenses of billions of dollars at every turn are indeed not comparable to the current Guanghui mobile phones.

In fact, there is nothing to compare with, but the characteristics of the industry are different.

For pharmaceutical companies, R&D expenses are the largest expense, followed by marketing expenses, and other production costs are simply negligible.

A $10,000 drug may cost only a few dollars to produce, but the R&D share is several thousand dollars.

The exact opposite is true for industrial enterprises.

For example, high-margin companies such as Guanghui mobile phones, Intel, and Boeing may only account for about half of the selling price, but other general companies generally exceed seventy or eighty percent, which is completely incomparable with pharmaceutical companies.

In addition to the Guanghui mobile phone, the Internet business, which is the traditional strength of the Guanghui Group, is also smooth sailing.

The first is the "popular little student" Guanghui Weibo, as a rising star, Guanghui Weibo is now the most visited website on the Internet in the Celestial Empire, and there is no one.

Although companies such as Penguin and Sina have also launched their own microblogging services, there is no way to compare with Guanghui Weibo.

And, happily, Glorious Weibo actually began to make a profit in 2007.

Although the profit of less than 100 million is really not worth mentioning in the tens of billions of profits of Guanghui Group, this is because Jiang Hui is deliberately suppressing Guanghui Weibo's desire to make profits.

is like a hot word on Guanghui Weibo, if it is released to bid, it can provide at least hundreds of millions of profits to Guanghui Weibo in a year.

There are also various page advertisements and promotions, etc., all of which are content that comes with quick money.

But Jiang Hui hopes to turn Guanghui Weibo into a marketing platform for the Guanghui Group, a platform that is widely trusted by netizens and has an excellent user experience.

So Jiang Hui thinks it's worth losing this money, as long as the business is done well and bigger, it is not difficult to make more money at all.

Investors have also seen this, so although Guanghui Weibo has not opened up financing, the valuation given by various venture capitalists has exceeded 10 billion US dollars.

Even so, Jiang Hui, who is not bad for money, did not sell shares.

Then there are the listed companies Intranet and Meituan, both of which are companies with a market value of more than 100 billion yuan, thanks to the rise in stock prices after listing.

However, since the stocks have not fallen sharply, Jiang Hui has successively reduced his holdings in the two companies since last month.

Although the performance of the price reduction is very good, the prospect is also good. But it can't stop the general environment in 2008, what performance is vulnerable in the face of the financial crisis, the stock is cut in half, and it is not impossible to fall only 30%.

Now that he knew that he would face such a situation, Jiang Hui would definitely have to reduce his holdings first, and wait until the end of 2008 when the stock price entered a trough before increasing his holdings.

This in and out, by the end of 2009, it is estimated that it can make a profit of tens of billions of dollars while the shares remain unchanged.

After all, the plates of the two companies have more than 200 billion, and it is not an exaggeration to toss back and forth to earn tens of billions.

Of course, if Jiang Hui is not afraid of reducing his holdings too much and collapsing the stock price, it is not impossible to toss back and forth, and make a profit of 100 billion.

However, this unpredictability is too high, and Jiang Hui still didn't do it.

In addition, websites such as Qunar, Douban, YY Live, and Autohome are also stable, and their valuations are rising.

And the glorious game is hiding behind the scenes to make money silently, and continues to play the role of a cash cow.

Of course, the cow of Radiance Games is no longer as good as Radiance Mobile.

But looking at the whole country and even the world, how much is the profitability higher than that of Guanghui mobile phones?

There are also two low-key but important companies, that is, Korn Ferry Pay and Korn Ray Data, one is the leader of the payment platform and the future hegemon.

The other is the cornerstone of the business of the Korn Ferry Group's companies, especially Internet companies.

Although these two companies were still losing money in 2007, they have a bright future.

Other potato nets and the like are also extraordinary.

As for other enterprises such as Wangjiang Automobile, Guanghui Automobile, and Guanghui Research Institute, it will be their most prosperous time in a few years, and they are still in the time of accumulating strength and practicing their internal skills.

Build a high wall, accumulate grain, slowly become the king, and turn into a dragon when encountering a storm.

(End of chapter)