Chapter 1340: The Richest Man's Assets (I)

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“…… When it comes to the Rose Jewelry Company, we can't fail to mention the Dongchao Group, which is the first group company established by our legendary tycoon, and originally Rose Jewelry was also its subsidiary, but in the second half of last year, it was spun off from the group and became an independent conglomerate. ”

"But even so, the Eastern Dynasty Group still has four subsidiaries, including the 'Taiyi Pavilion' craft company engaged in the trading of wood carving, stone carving, brick carving, bronze carving and other artworks, the 'Puhua Red Star Auction House' engaged in art auctions, the 'Wenrui Gallery' engaged in the gallery industry, and the 'Agarwood Pavilion' engaged in the trading of ancient artworks! Although the combined assets of these four companies are less than half of Rose Jewelry, they are also $1.8 billion! ”

“…… After the Eastern Dynasty Group, the K. Wah Group was established, and like the Eastern Dynasty Group, the K. Wah Hotel Group, which was originally one of the largest subsidiaries of the K. Wah Group, has been spun off and operated independently. I think many people in the business world are familiar with this group, yes, it just bought Starwood International Hotels Group for $3.8 billion last month. It has become a hotel giant with more than 2,300 hotels and total assets of $13.2 billion. ”

"It is undeniable that the large-scale M&A expansion in a short period of time has saddled Jiahua Hotel Group with a debt of $6 billion! However, as can be seen from the 2004 business report just released by K. Wah Hotel Group, relying on the fast-growing Chinese market, K. Wah Hotel Group has huge development potential. Of course, again, this company, which has considerable development potential, still has no plans to go public so far. Sorry to write it here. I want to swear. I could have made a lot of money! But for now, I can only give the extra money to Hathaway, after all, Buffett is still a trustworthy guy! ”

"There's been a lot of gossip, and now we're back to business. Although K. Wah Hotels & Resorts was spun off from K. Wah Group, this does not mean that K. Wah Group has become an insignificant small company. In fact, it owns K. Wah Travel Service, K. Wah Travel Management Company (which manages more than a dozen domestic and foreign scenic spots developed by K. Wah Group, such as Qingzhou Yanghe Scenic Area, Guanjiachong Scenic Area and Qilongling Scenic Area), K. Wah Travel Development Company, and K. Wah Group, which is currently Asia's largest travel website, Ctrip.com. It is still a travel industry giant with a total asset value of nearly $3 billion. ”

“…… The third conglomerate founded by the Oriental Legend is called Huayang Group, which may not be known to many people who do not know much about China's real estate industry. In fact, the company, which has just been spun off into Huayang Group and Huayang Real Estate, was originally a pan-real estate giant with six subsidiaries and total assets of US$8.7 billion. Thanks to the rapid development of China's real estate industry, we can predict that this real estate company, which is located in the top three in the same industry in China, will become a real estate giant with assets and influence equal to 'Sandacus' and 'Houghton' in the future! ”

“…… Last month, GCA Commercial Bank opened its 287th branch in Jakarta, Indonesia, the commercial bank that is absolutely controlled by the GCA Group, the fourth commercial company founded by our legendary billionaire, and with the establishment of this company, the resulting is GCA Ventures (venture capital is known as securities in the East). GCA Trust, GCA Fund and GCA Holdings are four financial companies! ”

"First of all, the Hong Kong-based commercial bank, although it is not well known in the global financial community, it is the financial core of the entire huge GCA Group, and has a staggering 150 tons of gold reserves, as well as up to $2.5 billion in bank tier 1 capital! This is for a medium-sized bank. It's enough to be trusted, and you're willing to leave your money in it to take care of it. ”

"So. In less than five years, GCA Commercial Bank has surpassed the influence of Hang Seng Bank in Hong Kong! and became a well-known bank with total assets of $4.2 billion. I think it would have been if it weren't for their stubborn choice not to go public, and the fact that they never carried out equity reform, and that every bank that was assigned to them was 100 percent controlled. I think GCA Commercial Bank should develop faster and have higher business value! ”

"Perhaps because of the separation of the company, the management policies of GCA Ventures, GCA Trust and GCA Fund are as conservative as ever, and in addition to inheriting the financial assets of Daewoo Group to allow them to take a step forward, perhaps the recent acquisition of China Bosera Fund Company is a rare big deal. But. Although these three companies have a conservative business strategy, the development of the past five years still makes each of them a financial giant with assets of more than $1 billion. ”

"Compared with the four companions, Hanhua Holdings may be the fastest growing since its establishment, controlling a series of high-quality companies such as Google, Amazon, Apple, Boeing, China Mengniu, Baidu, Hengyuan Real Estate, Hanhua Holdings' assets compared to less than 200 million US dollars when it was established in 01, and now it has swelled into a supergiant with assets of nearly 14.5 billion US dollars!"

In particular, its 25% stake in Google, 12.3% stake in Apple Inc., and 12% stake in Amazon have become the most desirable high-quality stocks for Wall Street financiers. These shares provide nearly half of the total asset value of GCA Holdings. In addition, it is no secret that Google will go public this year, and the industry, especially the financial community, is very optimistic about the future of the world's No. 1 web search company, and it is conceivable that after Google goes public, the assets of Hanhua Holdings, which owns 25% of its shares, will be greatly increased again! I have to say that the investment vision of our legendary rich man is really enviable, even jealous! ”

“…… Cathay Pacific Airways, Global Trade Group, Shangyuan Engineering Group, and Lejia Group, the main reason why these four corporate groups are put together is that they are all based on Swire Group Hong Kong Co., Ltd. In 02, after obtaining an absolute controlling stake in Swire Group Hong Kong at a price close to $6 billion, our Oriental Tycoon split the company and exchanged half of the company's profits for the beverage division in exchange for Swire Group's absolute controlling stake in China Thai Airways, Swire Hong Kong's trading department and shipping department! ”

"Perhaps, this exchange of shares is out of the absolute, somewhat surprising, even bewildering desire for control of our Oriental legendary rich man. However, it is undeniable that after this share exchange, the four companies have been established one after another, and each has achieved remarkable development. In the past three years, they have acquired more than a dozen companies in the same industry, such as China's Shangyuan Group, South Korea's Daewoo Group's trading department and engineering department, and Brazil's Uni-American Airlines, successfully expanding their business scope and strength. Today, Cathay Pacific Airways is an international aviation giant with 8 branches, 248 passenger and cargo aircraft, and assets of nearly 13 billion US dollars. ”

"Compared with the fast-growing Cathay Pacific, Global Trade, Shangyuan Engineering Group and Lejia Group may be able to compare with it in terms of asset size, but from the 04 development plan announced by these three companies, with the rapidly developing Chinese market, their development speed will surpass Cathay Pacific, which cannot enter the Chinese aviation market. In particular, Shangyuan Engineering Group, which won 20% of the large order in the construction of Yanjiao New Town in China, will usher in a doubling of assets. I have reason to believe that its future will surpass Cathay Pacific! ”

“…… The original Hanhua Bank was divided into five and five large companies were born: Hanhua Commercial Bank, Hanhua Venture Capital, Hanhua Fund, Hanhua Insurance and Hanhua Holdings. Swire Group Hong Kong Joint Stock Company was divided into four to give birth to Cathay Pacific, Global Trade Group, Shangyuan Engineering Group and Lucky Group. And the situation is similar to these two Daewoo Group! ”

Originally, this Fortune 500 company, headquartered in South Korea, was knocked down by the 97 Asian financial crisis, and many high-quality assets attracted the covetousness of capitalists all over the world. But what is unexpected is that the originally inconspicuous Hanhua Group had the last laugh. Although the outside world does not know the specific purchase price of GCA Group due to confidentiality, according to professional assessments, its purchase price will not be less than 40 billion US dollars! ”

"Of course, in the absence of actual evidence, we have no way of speculating on the authenticity of the $40 billion purchase price. However, judging from the scale and potential of Daewoo Group's major industries at that time, this purchase price still has a certain degree of credibility. ”

"Now, a year has passed since the acquisition of Daewoo Group, and Daewoo Group, which once attracted the attention of world capital in a year, has now become a larger subsidiary of Hanhua Group: Daewoo Automobile, Daewoo Heavy Industries, Daewoo Marine Shipbuilding, and Daewoo Electronics. And with the abundant financial support of our legendary rich people in the East, Daewoo Motors' 400,000 automobile production plant in Caofeidian Industrial Zone, Tianjin, China, has begun to break the map, if the construction of this branch is completed, Daewoo Automobile will become an annual output of 2.3 million cars of various types of international top ten automobile giants. ”

Daewoo also holds an 18% stake in Renault, France's second-largest car company. In addition, according to reliable information we have received from Renault in France, Daewoo Motors has recently been seeking to acquire more shares of Renault Motors. Maybe in another year, or even less, we will get the news of the merger of the two companies! (To be continued.) )