Chapter 758: Executive Dinner

According to the habits of the Celestial Empire, after all kinds of meetings, they like to have a dinner, and the Radiant Group is no exception.

Anyway, the company is a private enterprise, and no one will say anything about how the boss eats and drinks with him!

That night, Jiang Hui took a group of subordinates to a private restaurant in the old city.

To say that these high-ranking officials of the Guanghui Group are worth more than 10 million yuan, and no matter what they eat, they have already passed the stage of curiosity.

However, although I am not curious about eating, if I eat with my boss, it will naturally have a different meaning.

Even if you put aside the identity of the boss, with Jiang Hui's current status in the Celestial Empire economic circle and even the global economic circle, it is not a simple thing to eat with him.

Just like Warren Buffett's lunch, the auction price is getting higher and higher every year, and this year it even set a record of $620,000.

Since 2000, Warren Buffett has had an annual auction to share lunch with him, and the proceeds from the auction are donated to the Glade Foundation, an American charity that helps the poor and homeless in the San Francisco area.

The charity auction for lunch with Warren Buffett has been going on for ten years now. Since its inception in 2000, the lowest winning bid for this auction has been $1.8 in 2001.

This year, the previous nine "Buffett Lunches" have won a total of $4,251,600, with an average "selling price" of $472,400 per lunch.

In the coming years, this price will continue to increase at a rapid rate, and the contribution of the people of the Celestial Empire to him is immense.

If history had not changed, this year's Buffett lunch would have been auctioned by the Celestial Empire for $2.11 million, setting a record in one fell swoop.

Of course, there is an element of hype in this, and there are also Celestial Empire people who take the opportunity to promote their own purposes, but the hard-won opportunity to have lunch with the cattle people is also an important reason.

"Mr. Jiang, I really can't find this place if no one takes it, I didn't expect that there is a cave in this alley", Zhou Benqiang said with a smile.

More than twenty people gathered around an oversized table, each sitting in their corresponding position according to their own position.

"This is recommended by Sister Zhang, I have been here a few times and think it is not bad, so I just took the opportunity to bring everyone over today to try it," Jiang Hui said.

"Speaking of which, there are many high-end clubs and restaurants in the imperial capital, and no one can really find them without them," Li Shigui said.

"Indeed, the first time I came here was four years ago, when I was still busy selling clothes at the wholesale zoo market," Jiang Hui said with a smile.

"Ah, it turns out that Mr. Jiang, your first pot of gold was really earned by selling clothes", Liu Chujing said.

The "first pot of gold" is the critical point from "0" to "1", which means a breakthrough from scratch, which is the importance of the "first pot of gold".

There is a popular proverb in the United States: the most important thing in life is the first pot of gold. And this proverb is still common in the Celestial Empire, and many super-rich people rely on the first pot of gold to soar and soar, all the way to the Forbes rich list.

"Yes, without the first pot of gold from selling clothes, maybe the Korn Glory Group would not be what it is today."

The first pot of gold of the richest Chinese man comes from plastic flowers, and Liu Chuanzhi, who has just started a business, has been a "fallen master" and "board master", and has sold sportswear, electronic watches, roller skates, and refrigerators in Zhongguancun flatbed trucks.

Everyone's first pot of gold comes very differently, but they are all very important.

"It's been an eventful time lately, I came back from a business trip to the United States last week, and I feel like the United States is already stormy," Fang said.

"It's really different, but not every company is so panicked, the crisis is in the front, and the opportunity is in the back. For many companies that are not competitive, it is only dangerous, but for some companies, there are more opportunities. You see, after this round of turmoil, there will definitely be a number of enterprises in the United States to usher in a new peak of development," Jiang Hui threw out a relatively different point of view.

Although Jiang Hui has always stressed that this year's economic situation is relatively special and the financial environment will be more turbulent, it is undeniable that some giants such as Bank of America and the Federal Reserve Board have become more powerful after this crisis.

Big fish eat small fish.

In a crisis, it is often the small fish that dies the fastest. Of course, the fall of giants like Lehman Brothers is not an isolated case.

The financial market in the United States is one of the most developed in the world.

In a mature and developed financial market, it has the function of eliminating weak and uncompetitive enterprises.

The so-called flowing water is not corrupt, and the financial market is also like this.

The bankruptcy of what should be bankrupt, and the merger of what should be merged, so that the market can develop healthily.

"Although after the global economic integration now, the wind and grass of any country will affect each other, but I think for the Celestial Empire, this crisis may be a good opportunity," Guan Weidong said.

"I agree with Mr. Tang that it is only under the crisis that many of our acquisitions can be carried out more smoothly, otherwise, not to mention that the company itself may not be willing to sell, and the US government may not approve the sale," Jiang Hui said.

"Also, I feel that the United States, which always thinks of itself as the world boss, is becoming less and less confident. As recently as 2007, the President of the United States and CFIUS passed the Foreign Investment and National Security Act to review a wide variety of acquisitions," Guan said.

"And these processes? I still want to take this opportunity to acquire a few more valuable companies, Mr. Guan, you give us a simple literacy era," Zhu Zhengfeng said.

"CFIUS takes a case-by-case review approach, and the entire process can be divided into three stages: review, and after the FIUS Executive Chairman confirms that the statements and materials submitted by the counterparty are complete and valid, they are immediately distributed to all committee members, during or after the review period.

If CFIUS determines that the transaction does not involve U.S. national security, or that other existing legal or administrative authorities can address the associated risks, the CFIUS Executive Chairman will notify the parties to the transaction not to investigate, and the investigation process will be concluded.

If, as a result of the review, an investigation is warranted, the CFIUS Executive Chairman will promptly notify in writing that the committee of the parties to the transaction under review will initiate an investigation. At the heart of the investigation is whether the transaction threatens U.S. national security, and CFIUS must report its findings to the president at the end of the investigation process," Guan said.

"In other words, the president of the United States can veto a proposal that he believes would endanger the national security of the United States?"

"You can think so".

"But our acquisitions don't usually involve national security, right?"

"Who knows, the official word has two mouths, what people say is what it is, and it makes sense both horizontally and vertically."

(End of chapter)