Chapter 357: Being in the Game (Part II)
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The fourth quarter financial statements of GCA Group were made public, with revenue of US$40.652 billion, an increase of 33.71% year-on-year, and net profit of US$6.591 billion, a decrease of 27.64% year-on-year.
However, the market value of Hanhua Group, which has declined due to its investment in artificial intelligence, has risen instead of falling, reaching $320.825 billion, second only to Cisco. At this rate of development, it will not be too far to surpass Cisco, and it is very likely that it will be this time next year.
In other words, if it were not for the investment in artificial intelligence, the net profit of Hanhua Group in the third quarter should be 8.413 billion US dollars, about 64.107 billion yuan, with an average monthly income of 21.369 billion yuan.
Such a large cash flow of GCA Group, coupled with the cash flow of the smartphone alliance and the third-party payment platform of the three major e-commerce companies, is the direct beneficiary of the National Bank. The private bank, which was established less than four years ago, has swelled into a behemoth in more than three years, with total assets reaching a staggering 3.17 trillion yuan.
The rapid development of the National Bank of China has directly benefited from the construction of subways in major cities, and a third-tier city in Ganchang has used Li Jiaming's method to bundle the subway and real estate together for development, and other cities have followed suit. Unlike the four major state-owned banks, which were slow to respond to the market, the National Bank was very quick to respond, and took the construction plan in Ganchang and went directly to the provincial governments to ask for cooperation.
If you have money to do political achievements, which leader will consider the question of the successor?
Among the infrastructure construction of various types of transportation, the construction of ordinary railways is the cheapest, with an average investment of only about 30 million yuan per kilometer, followed by expressways. The cost of high-speed rail, light rail and subway is more than 100 million yuan, and the subway is the most "money-burning", and the construction cost of each kilometer needs about 500 million yuan. After the completion and opening of the subway, the operating costs are also very high, a 20-kilometer line, 30 years of operating costs need about 30 billion, with the operating capacity of the vast majority of cities, fares, advertising, shops and other income is difficult to make up for this expenditure. All in all, most subways are facing huge losses.
In just two years, the total investment in subway projects declared by various provinces has actually exceeded 1.7 trillion RMB, how can such a large expected loss be resolved? The National Development and Reform Commission, which has finally come to its senses, hurriedly and urgently stopped the examination and approval of subway projects. It's a pity that it's too late, and the vehicle has to move forward according to inertia, let alone the local government with the impulse of political performance?
Seeing that the National Bank had opened the way, Wang Tie, who had started his business by colluding with officials and businessmen, hurriedly used the special relationship between the two families to enter the pipeline gas construction in major cities on a large scale, which was a taboo. In the past, Sohu Energy was just grabbing some food in Jiangxi Province, and for the sake of Hanhua Group's foreign exchange earnings, those state-owned energy giants turned a blind eye to it, but Sohu Energy began to rely on Xunyang and quickly spread the stall along the Yangtze River, which is unbearable.
When the water is clear, there are no fish, and the investment of tens of billions of yuan is often carried out, how can it not be a little boring, and how can it withstand investigation? Soon, Sohu Energy was caught and attracted the investigation of the relevant departments. This is a conflict between the two camps, even if Wang Tie throws out a few scapegoats, it will not help, but the other party is more aggressive. Lao Zhang's connections are not bad, but they are facing the pressure of an interest group, and those connections do not play a big role.
In desperation, Li Jiaming had no choice but to ask for leave to return to China.
"Head, I'm sorry".
Wang Tie, who was beautiful in front of people, honestly stood there with his head down, like a child who made a mistake, which made Li Jiaming funny and angry.
"How serious?"
"Head, don't ask, everything has nothing to do with you".
What do you mean by irrelevant?
Li Jiaming, who had just gotten off the plane, took the coffee brought by Ruan Zhi, waved her hand to signal her to go out, and waited for her to close the door of the study before she said in a deep voice: "Say, you can't afford this matter, and you shouldn't be sacrificed."
"Head".
"Say, who's eyeing us!"
One of the Big Nine, Sohu Energy has expanded wildly and moved his cheese. The giant is in charge of the political and legal system, and it is too simple to rectify Sohu Energy, especially since Sohu Energy itself is not clean.
However, Wang Tie is engaged in energy and pipeline gas, can he be clean? In such an environment in China, it is impossible not to have a good relationship with the government if he wants to do something, and the leader represents the government. Li Jiaming has no intention of blaming Wang Tie, and if he goes to be an energy company, he also has to take the road of combining government and business.
"What about Yang Guoqing?"
Taking the cigarette handed over by Li Jiaming, Wang Tie hurriedly took out a platinum Dupeng lighter to help him light the fire, and said angrily: "That bastard pushed the matter, saying that he is now idle and has no weight to speak." โ
"Be careful"!
Since Yang Guoqing has slipped his head a little, he is not so reluctant to even deliver a word. Li Jiaming reprimanded, sat on the calfskin chair and thought about it, and reached out to pick up his mobile phone to find Yang Guoqing.
Yang Guoqing, who is presiding over the meeting, likes to put his golden iPhone4 engraved with his name on the table when he is in office and in meetings to show that he has a good relationship with the Hanhua Group and Li Jiaming. His method of asserting his identity is indeed effective, and people in the circle look up to him, after all, Li Jiaming is the richest man in the world and controls a high-tech company with the second largest market value in the world.
arranged a job, and talked impromptu for a while, and Yang Guoqing, who was just in the mood for talking, was pulled by his deputy under the table by his sleeve. Interrupted from talking, the unhappy Yang Guoqing glanced at the vibrating mobile phone at his signal, and hurriedly motioned to the deputy to continue the meeting, got up with his mobile phone, and walked out of the palatial conference room quickly.
"Jiaming, are you back?"
Before he could fully walk out of the conference room, Yang Guoqing answered the phone with a smile, and then pushed the thick conference room door open, attracting the jealousy of his colleagues and subordinates.
That's the richest man in the world!
But Yang Guoqing, who came out of the conference room, was still smiling on his face, but he didn't say anything anymore, just walked into his office quickly, and then said with a wry smile: "Jiaming, let's have a meal together in the evening, some things are not clear on the phone." โ
OK.
At dinner in the evening, after three rounds of wine, Yang Guoqing and the plate were revealed. The problem is not those interests that Wang Tie conveyed, nor the aggressive expansion of Sohu Energy, but Li Jiaming himself.
"Jiaming, say something you don't like to hear. Times have indeed changed, and everything needs an upright reason, but if you want to add to the crime, there is no excuse? If Hanhua and Li Fang are not clean and do not have any disgraceful stains, they will inevitably be coveted."
Li Jiaming really doesn't like to listen to this, when the new foundation entered Hanhua, it was actually a disguised transfer of benefits, and now he wants to slip away when something happens?
"National Day, this shouldn't come out of your mouth, right?"
"Jiaming".
Yang Guoqing, who was forced by Li Jiaming, had no choice but to tell the truth: "It's not that simple, everything needs to be balanced." If Wang Tie has no problem, no one can touch him, but the problem is that he is in the hands of others, and they are determined to teach him a lesson, how can he easily raise his hand?
Jiaming, you are also in charge of 100,000 people, you can't ignore the feelings of your subordinates, right?"
That means that the people above don't want to care, or they also have scruples, Li Jiaming sneered: "Joke, Wang Tie has some violations, they are clean?"
"But the print handle is in the hands of others, and the solution is to make concessions, otherwise it is official business and the responsible person will be held accountable. โ
(End of chapter)