Chapter 522: The Second Pillar

Chapter 522: The Second Pillar

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Looking at the stunned mother and daughter, Shen Hongwei smiled and said: "In addition to what was said on TV, Wang Zheng also has a 'Shennong Technology Company' engaged in the IT industry, after being merged into Wharf Telecom, its assets are nearly 10 billion, and it has submitted a data center investment and construction plan involving 3 billion Huaxia coins to the Hanzhong Municipal Government. www.biquge.info Now, the Hanzhong Municipal Government and the Provincial Government have approved it, and after the New Year, they are ready to start construction on the banks of the Han River. ”

In addition, Wang Zheng also set up a financial company called 'Hanhua Fund' at the end of last year. Now this fund company has obtained a third-party network payment license, a private bank license, is applying for an insurance license, and also has an absolute controlling stake in East West Bank, which has a market value of $12 billion and assets of more than $70 billion!"

"Although he has made such a big asset, this kid has a huge debt, but his net worth now is not tens of billions of Huaxia coins! It is calculated in US dollars!" Shen Hongwei looked at his unbelievable wife next to him, "Gao Min, the boyfriend our daughter is looking for this time is not an ordinary small family, but a self-made business wizard who has a net worth of more than 10 billion US dollars at the age of 26! The most important thing is that the above mentioned things are only earned by him in the past less than two years." If in another ten years, what heights do you think he will be able to reach?"

After a pause, Shen Hongwei said with a hint of emotion in his eyes, "I'm afraid he will have a place in the top ten of the Forbes Global Rich List!"

Gao Min shook his head, looked at her husband in a trance, and said after half a sound: "You... All of this you said... Are they all true? Two Wang Zheng are the same person?"

"We've been married for so many years, when did you see me lying?"

Gao Min nodded slowly, she still knew more about her husband's honesty.

"Besides, this kind of thing doesn't stand up to scrutiny. Whether it's true or not, check it out!"

Gao Min showed a sign of agreement on his face, and just as he was about to speak, he saw Shen Bing next to him 'Teng' stand up from the sofa, and then ran upstairs and entered his room like a gust of wind.

"Bingbing...!"

"Don't call her! this kid must be going to question Wang Zheng!" Shen Hongwei stopped.

After Gao Min nodded, she was still a little skeptical about her husband's words!

Looking at her appearance, Shen Hongwei smiled, "It is estimated that in a few days, Wang Zheng will come to our house, and you can ask him personally when the time comes!"

"No, I'm going to ask Lao Liu!"

Gao Min obviously couldn't wait a few days, so she stood up directly and went to the next room to call the director of the Shaanxi Provincial Bureau of Industry and Commerce.

Shen Hongwei didn't stop her either. Soon, he was the only one left in the living room.

"Now Wang Zheng is a piece of fragrant bread. Bingbing, you have to catch it!"

……

"How's it going?

"Boss, I'd rather be on my own if I could. Wang Kai smiled bitterly and shook his head.

"Yes, it's too troublesome to deal with those seven aunts and eight aunts!" Wang Yuan also shook his head with a bitter expression.

"Haha! It's okay, just get used to it a little more!"

After briefly teasing these economic ministers under him, Wang Zheng turned on the computer and found the documents he had prepared in advance, and then his expression gradually became serious.

"I've read all the business development plans you submitted a year ago! Generally speaking, there are no problems, but some places need to be revised!"

"First of all, Wang Kai, your Wharf Holdings, there is no problem in operating Wharf Real Estate to use Wharf's original shell resources to go public. The issuance of 12%, 360 million common shares is a bit less. to 15%, 450 million common shares. In this case, if our estimate is correct, we should be able to raise 35 billion Hong Kong dollars from the market!"

"If you add the bank deposits of Wharf, Defeng Group, Greentown China and other companies, as well as the 3.5 billion Huaxia dollars recovered from the sale of Sino-Ocean Real Estate, the funds that Wharf Holdings alone can use this year will be nearly 80 billion Hong Kong dollars, equivalent to 71.4 billion Huaxia dollars, 10.5 billion US dollars!"

"As for the use of this fund, my original plan was to invest 46 cents, 40 percent, 28.5 billion Huaxia dollars in the real estate industry. The remaining 68.9 billion Huaxia coins were invested in the construction of Times Square! However, after reading your 16-year development plan, I have some doubts now! Do you really think it is necessary to develop other pillar industries of Wharf Holdings in addition to the real estate industry?"

"It's very necessary! Boss, now the dividend period of the domestic real estate industry has passed! Although housing prices in major cities are still rising, it is impossible for any industry to only rise and fall. And once it falls, it will hit a company like Wharf with the real estate industry as the core too much. Therefore, I think it is necessary to build the second pillar industry when the real estate industry is not in decline. Think about Li Jiacheng, he sold off mainland assets, not only because of political reasons, but also realized that the domestic real estate industry has reached the cusp of adjustment, and he wants to take advantage of the last opportunity to avoid risks!"

Wang Zheng nodded in agreement, "However, is the opportunity to enter the shipping industry right now?"

Now is the period of global shipping recession, and the business of major shipping companies is sluggish, which is an opportunity to enter the market. Moreover, in the first half of the year, the share price of Hapag-Lloyd, the world's fifth-largest liner company, was not satisfactory after the IPO in Hamburg and Frankfurt, and the market value that was originally expected to be 5 billion turned out to be only 2.33 billion euros, less than half of the original projection. I believe that as long as we can come up with a reasonable price, there is a good chance of winning it. ”

"Then there's Hamburg SΓΌd, Germany's oldest and the world's 14th largest liner company, which is preparing to sell itself to Maersk for $1.4 billion!

"If all goes well, it only takes $4 billion to take down these two shipping groups. At that time, the Wharf Group will have a capacity of 305 ships and 1.546 million TEUs, accounting for 8% of the global shipping industry, surpassing COSCO Shipping, and becoming the world's fourth largest liner company after Maersk, Mediterranean and CMA CGM! Moreover, we also have the right to operate 25 terminals under Modern Container Terminals. The two complement each other, which can not only make up for the losses of shipping companies in the cold winter of the world shipping industry, but also continue to increase their respective proportions in the shipping industry and terminal operation industry!"

"What is the strength of Maersk, Mediterranean and CMA CGM now?"

"Maersk has 617 ships and 3.23 million TEUs of capacity. MSC is a family-owned company with a fleet of 490 vessels and a capacity of 2,918,000 TEUs. CMA CGM has 450 ships and a capacity of 2.162 million TEUs!"

"In this case, it is relatively easier to surpass CMA CGM!" Wang Zheng said thoughtfully.

"We can surpass the shipping companies ranked 10th to 20th in the world by acquiring two or three! If we don't want to be squeezed out of the top five, industry mergers and acquisitions are imperative!"

"In this case, let's make shipping and terminal operation the second pillar industry development of Kowloon Holdings. Modern Terminals changed its name to Modern Cargo Group. I'll give you $6 billion, and by the end of 16 years, Hyundai Cargo Group's capacity must surpass CMA CGM and reach 2.3 million TEUs, the third in the world!"

"Yes!"

Calculating the remaining funds of Wharf Holdings, Wang Zheng turned his head to look at Wang Yuan, "I talked to Ma Yun about the fact that Barilla accepted the capital injection from Ant Financial, and 6% of the equity was exchanged for $1.8 billion!

"Understood!" Wang Yuan nodded.

"There is nothing wrong with Taoyuan Holdings' other businesses. However, Jianjun, during this time, you have spent almost 300 million yuan on the advertising funds of Taoyuan Liquor, how is the effect?"

"Unexpectedly ideal, especially during the Chinese New Year, which is the peak period of wine consumption, our main 'pastel', 'Ji Hong', 'blue and white' fruit wine in January and February achieved sales revenue of 500 million and 1.2 billion respectively. And with the improvement of word of mouth, it should maintain a high growth in March. If you count the sales of fruit-flavored functional drinks of 600 million yuan in two months, by the end of 16 years, Taoyuan Liquor's marketing revenue will definitely reach 15 billion yuan!" Pan Jianjun excitedly said.

"That's good, our advertising dollars are not in vain!"

"Wang Fei, the Hanhua Fund has basically taken shape now. The next step is to get your insurance license down. With this, if we apply for a trust license, our bank, fund, insurance, securities, trust, and the territory of the five major financial businesses will be complete!"

"Understood!"

"Tao Jun, now you are the head of East West Bank. If we borrow money from East West Bank, how much money can we get without affecting East West Bank's normal operations?"

"$4 billion at most! After all, the previous $4.5 billion borrowing has almost wiped out East West Bank's liquidity. If it weren't for the acquisition of Tiesaco and Wheelock Westminster Abbey, I'm afraid I wouldn't have been able to get out $1 billion!"

Wang Zheng nodded, "Does the $4 billion have East West Bank's own funds?"

"No, this money is basically depositors' deposits, as well as funds from financial products such as funds, trusts, and insurance purchased by customers!"

"If you deduct this part of the funds, how much money does East West Bank have on its books?"