Chapter 724: The Big Eight (Part II)

……

"How is the integration of China Resources Retail now?"

After listening to Wang Kai's report, Wang Zheng asked Wang Yuan, president and CEO of Times Holding Group.

"Because the assets are so large, they are still in the process of integration. ”

After Wang Zheng nodded, he waved his right hand, and Chen Qing, as the secretary, immediately handed over a piece of information. After Wang Kai briefly browsed it, "Originally, we only planned to build hypermarkets and shopping malls, but the actual environment, especially the offline expansion of Alibaba and JD.com, forced us to adjust our strategy. Therefore, I decided to adjust the various formats of the current Times Department Store and increase the number of community stores and hypermarkets. ”

"In the future, the 120~200 square meters of community stores will be called 'Times Shop', mainly for the sales of daily necessities, fruits and fresh food. With 'Baiweiju' and 'Grandma's Bridge Noodle Restaurant' next to it! Catering is our trump card to attract customers, and we can't lose it. ”

"The 15,000~30,000 square meters of stores are all called 'Golden Eagle Shopping Center', mainly selling fresh food, daily necessities, shoes and hats, clothing, etc., as well as all Chinese catering brands under Maxim's Food Group such as 'Baiweiju' and 'Grandma's Bridge Noodle Restaurant', as well as cinema lines. Of course, the types of sales and the number of food and beverage outlets can be adjusted accordingly according to the existing business area and consumer groups, and there are no hard and fast rules here. ”

"The store of more than 30,000 square meters will be called 'Times Square' in the future, including the retail and catering formats of Times Group, as well as auxiliary formats such as clothing, jewelry, children's playgrounds, and cinemas. ”

"I roughly calculated that after the integration of China Resources Retail, Joy City, and Vikingchandis, we have a total of 2,872 Times stores! There are 1,037 Golden Eagle Shopping Center! Times Square, counting 104 stores that will be opened! But as far as Huaxia is concerned, we have basically built a sales network covering the whole country. But the network isn't complete. In particular, I hope that in the next three years, we will increase the number of Times stores to 5,000 while adjusting the stores that do not meet our needs. Increase the number of Golden Eagle Shopping Malls to 1,500 and Times Square to 180!"

"At the same time, it is necessary to double the number of Times Shop, Golden Eagle Shopping Center and Times Square on the existing basis through acquisition and self-construction in ASEAN, Dongying, South Korea and other places, and strive to reach 2,500, 800 and 90 respectively by the end of 2020! The rest of the third-tier cities, as well as the fourth- and fifth-tier cities, ordinary counties are dominated by rental properties. ”

"Yes, boss!" Wang Yuan nodded.

"How many branches does Maxim's Gourmet Group have now?"

"13 brands, 15,300 branches. In 2017, the total revenue was 22.738 billion US dollars, and the net profit was 5.023 billion US dollars. ”

"It's a lot better than expected!" Wang Zheng nodded and said.

"Definitely. Especially after the introduction of strategic investors such as Warren Buffett and Morgan, the speed of our branch expansion and the resistance encountered have been significantly reduced. Revenues and profits also rose accordingly. ”

"It seems that this move is still the right move. Oh, by the way, this time, the 1,204 Pacific Coffee outlets we bought from China Resources have been merged into the 'Jade Dragon Cafe'. ”

Wang Yuan nodded.

After nodding in agreement, Wang Zheng didn't ask more about Maxim's Food Group.

"Soon, our acquisition of Time Warner will be announced. After the integration of Time Warner, her international business was separated and formed into Times Culture (International) and Time Warner Entertainment, which has exclusive business in the United States. ”

"Yes!"

"Kraft Heinz's merger is a little later, but it's only in March or April at the latest. After the merger and acquisition of Kraft Heinz, Mengniu was merged, and five other brands bought from China Resources, including Cestbon Purified Water, Afternoon Milk Tea, Fire Coffee Coffee, Garin Mountain Mineral Water, and Magic Power, were also integrated into one company. Since then, Kraft Heinz has become the largest food company under the umbrella of our Times Group. ”

“… In addition, Taoyuan Liquor was separated from Taoyuan Holdings and merged into Times Group, and 'Snow Beer' purchased from China Resources was merged. ”

Considering that Taoyuan Liquor has assigned high-end wines to 'Taoyuan Ji' for operation, there is no need to continue to stay in Taoyuan Holdings. Moreover, Taoyuan Liquor itself is developing its own beer brand. Now that there is a top beer brand that occupies 24.3% of the Chinese beer market and 5.4% of the world beer market, which is higher than Budweiser's sales volume, there is no need to bother to build its own. The integration of 'snowflake' into Taoyuan liquor industry is the proper meaning.

"Yes!"

Wang Yuan and Wang Lei nodded at the same time.

"How is the development of 'Times Mall' this year?"

"The revenue is 230.3 billion Huaxia Yuan, and the floating loss is 290 million Huaxia Yuan! ”

Wang Zheng nodded, "By the way, how much did we earn on Double 11 this year?"

"72.7 billion Huaxia coins, which is also second to Jingdong and Ali!"

"That's good! It's already good to be able to do this!" Wang Zheng understands that the loss of Times Mall is not important, but the increase in market share is the most important. Moreover, with the development of Times Mall, Times Department Store must have made more money, and from the perspective of the entire Times Group, it must be profitable.

"Wang Lei, China Resources Wufeng and Hope Town will be merged into your 'Taoyuan Farm'!"

"Yes!"

Also, with the merger of Times Department Store, Kraft Heinz, and later Kroger, the sales channels of the food industry have been completely opened. The output of your 'Taoyuan Farm' must keep up. Especially in vegetables, fruits, non-staple foods, fresh foods, meat, etc. … Oh, by the way, how much land is under the Taoyuan Farm now?"

"85,000 square kilometers, of which 32,000 square kilometers are economic forest land! 25,000 square kilometers are pure pastures, mainly farmed. The remaining 28,000 acres are mountainous land and fields, mainly for the development of grain and cash crops. ”

Wang Zheng nodded and continued: "Now the population of Fuxi space has increased greatly, because the quality is too poor, it can only be engaged in agricultural planting, low-end construction industry and simple processing industry, so it can't consume too much food. In the future, Taoyuan and Times will be responsible for their sales, especially Taoyuan Farm, which will inevitably be seen as a clue that your expansion in land and agriculture cannot stop, especially in terms of bulk consumer goods, to become a giant like Cargill and Louisda. ”

"Taoyuan Resort's revenue has been good lately, right?"

"Well, since the 'Worm Valley' was opened to the public, the number of tourists every month has been full. If all goes well, this year's tickets alone will reach 1.3 billion Huaxia coins, and if you include food and beverages and souvenirs, it will be able to reach 8 billion Huaxia yuan in revenue. ”

"Unfortunately, this state of affairs cannot last. Wang Zheng sighed.

When the freshness of the Worm Valley has passed, the number of tourists will inevitably fall. Of course, even if it falls, it will be much stronger than before.

"Ziqing, it's your turn in the end!"

After asking about the financial situation of 'Taoyuan Ji' and the follow-up development, Wang Zheng looked at Deng Ziqing, who was sitting on the left-hand side and hadn't spoken much.

The latter nodded solemnly, "At present, there are five companies under the command of Shennong Technology: Shennong Research Institute, Jiucang Telecommunications, Lenovo, Shennong Pharmaceutical, and Shennong Intelligence. Shennong Research Institute is a pure research institution, and the patents are all brother companies, so it has not yet generated profits. Wharf Telecom, which focuses on big data and cloud services, currently has four data centers in Xiangjiang, Beijing, Hanzhong and Hangzhou, and data centers in Wuchang, Ningnan, Bangkok, Ho Chi Minh City, Naypyidaw, Kuala Lumpur, Manila and Jakarta are still under construction. At present, the revenue is 2.879 billion Huaxia Yuan, and the debt is 8.738 billion Huaxia Yuan. ”

"Lenovo, after integrating into our 'Taoyuan artificial intelligence operating system', has rapidly increased the proportion of sales of large hardware equipment such as workstation computers and servers in China, with a current revenue of $53.7 billion and a net profit of $1.138 billion. In addition, in the middle of next year, the first batch of personal computers installed with 'Taoyuan Artificial Intelligence' will be available, when Lenovo's revenue level will increase by two-thirds from the current level, and there will be a period of rapid growth in the next three years. The only pity is that because of the national ban, it cannot enter the broader international market. ”

"Don't think that far ahead just yet. At present, our chip production is not enough for a domestic market. When our chip production comes up, a new generation of Taoyuan smart chips should also be launched, and the ban will naturally be lifted!"

"Yes!"

"Go ahead!"

Deng Ziqing nodded, "Shennong Pharmaceutical, after the integration of China Resources Phoenix Pharmaceutical, is currently divided into two major businesses: one is the sales of 'life medicine' and the newly developed diabetes drug 'Lingkang', although both have just been listed, but the development speed is very fast, this year is expected to achieve 3.58 billion US dollars in revenue, next year double, or even more." After being merged into our community hospital in Taoyuan Town, Shennong Pharmaceutical currently has 8 tertiary hospitals, 14 secondary hospitals, 47 primary hospitals and 65 community hospitals, with a total of 134 medical institutions and nearly 14,500 open beds. ”

"In the future, for domestic offline hospitals, it is okay to develop step by step, and put more funds into the ASEAN market. The smooth progress of the Golden Triangle plan is inseparable from the support of the hospital. ”

"Yes!"

"Finally, Shennong Intelligence, which currently mainly sells two software products: 'Taoyuan Artificial Intelligence' and 'Taoyuan City Brain'. In 2017, it achieved a revenue of 2.347 billion yuan and a profit of 789 million yuan!"

After listening, Wang Zheng thought silently for a while, and flipped through the information provided by the various groups in his hand.

"Judging from the report you submitted, the total revenue of the seven major groups in 2017 was 384.773 billion US dollars, and the net profit was 54.789 billion US dollars. The total cash reserves of each group were US$43.329 billion, and the total liabilities were US$102.7 billion. ”

In addition, this year, a total of US$155 billion in loans were received from three sovereign funds in the Middle East, as well as Tao Yuan Kee and Maxim's Gourmet Group. The total value of gold and silver obtained from Li Zicheng's treasure was $24.5 billion. Two-thirds of the funds were used to acquire absolute controlling stakes in Time Warner, Kraft Heinz and Mediterranean Shipping. The remaining one-third will be allocated to your respective enterprises according to the development reports you submit. ”

"Boss, you haven't explained Toshiba's situation yet!"

Fu Zheng hurriedly said.

In the future, he will be the manager of the Toshiba Group, and if he accepts a mess, if he has no money in his hand, he really can't play it.

"Don't worry, I won't forget you!" After speaking, Wang Zheng's expression was slightly solemn, "Toshiba Group has been comprehensively reorganized, and there are three major enterprises: Toshiba Industrial Corporation, Toshiba Semiconductor, and Toshiba Power Company. Its company, Toshiba Industrial Co., Ltd., took over the production, R&D and sales of Toshiba's existing power equipment, power transmission and transformation equipment, automation and drive equipment, industrial equipment, and public environmental protection equipment. ”

“… Toshiba Semiconductor fully took over Toshiba's existing semiconductor and storage businesses. Toshiba Power Corporation took over Toshiba's arms business and continued to develop military products such as missiles, electronic defense systems, and radars. The remaining Toshiba computer business was transferred to Lenovo, and the machine tool business was transferred to Matrix Heavy Industries. The TV business was transferred to Midea, and the building system, logistics office system, office equipment and other industries were transferred to related companies. After the sale of these assets, about $4 billion can be recovered, all of which will be used to pay off Toshiba's shortfall. Plus, I'll give you another $5 billion in cash for development. With this money, it is enough for Toshiba to get out of the current predicament. ”

"Thank you, boss!"

Wang Zheng nodded. In fact, Toshiba should merge with Shennong Technology, and the businesses of the two are also compatible. But Wang Zheng did not want to give up Toshiba's military industry. And this is obviously not allowed by the government in Huaxia. So, only the score was opened.

Taoyuan Holding Group has the following jurisdictions: Taoyuan Resort, Taoyuan Ji and Taoyuan Farm, which are mainly engaged in tourism, luxury goods and agriculture.

Times Holding Group is under the jurisdiction of Times Department Store, Maxim's Food Group, Times Logistics, Times Culture, Times Mall, Kraft Food, Taoyuan Liquor, and is mainly engaged in retail department stores, catering, logistics, film and television entertainment and food.

Wharf Holdings Group is mainly engaged in real estate, utilities and construction, all of which are asset-heavy.

Shennong Technology Group is under the jurisdiction of Shennong Research Institute, Shennong Intelligence, Lenovo, Wharf Telecom and Shennong Pharmaceutical, and is mainly engaged in the pharmaceutical, electronics and technology industries.

GCA Fund is under the jurisdiction of GCA Securities, Qinhan Bank, GCA Insurance, GCA Trust, Jubao and East West Bank, and is mainly engaged in the financial industry.

Matrix Holdings is under the jurisdiction of Fengshen Automobile, Matrix Heavy Industry, Vulcan Industry, Poseidon Shipbuilding and Matrix Mining, and is mainly engaged in machinery manufacturing, shipbuilding, munitions, automobiles and mining.

Luyuan Group has the following jurisdictions: ofo small yellow car, Shenzhou special car, Ucommune, piggy short-term rental, umbrella, street technology, and the main Internet sharing.

Coupled with the Toshiba Group, which is engaged in semiconductors, military industry and machinery and equipment, the context of Wang Zheng's eight major groups is clear. After this career adjustment, he is not ready to continue to make a big move. He has been involved in enough industries that as long as he digs deep on the existing foundation, it is enough to achieve his economic expectations.