Chapter 403: How to End (Part II)

It's the end of the year again, and the world's listed companies are busy publishing their financial statements, each with its own ups and downs. Hanhua, whose market value has fallen to the third place in the world, is also busy publishing financial statements, and the company is also mixed.

The Federal Department of Justice's investigation, especially due to Yahoo's investment and the drag of its subsidiary iTunes Store, has severely affected GCA's performance. Even with the help of the blowout of the Huaguo market, the annual revenue and annual profit have shown negative growth, and the market value of Hanhua has stopped at about 350 billion, and there is no sign of returning to the 400 billion club.

The market has lost nearly 80 billion yuan, and even with the strong support of the board of directors headed by Li Jiaming, Kyle, the CEO, is still criticized by independent directors representing small and medium-sized investors. Of course, this is also useless, and the voting rights held by Li Jiaming alone determine that Kyle's CEO position is as stable as Mount Tai.

Kyle himself doesn't care about those unfamiliar accusations, he has not only analyzed in detail with Li Jiaming, but also privately analyzed with Shirley and their right-hand man, Hanhua's bloodline problem and the conflict with Yahoo will explode sooner or later. As early as Jobs was rumored to be terminally ill, and Yahoo, as an ally, forcibly joined Apple, they knew that the conflict between the two sides was irreconcilable.

The reason is simple, the 'Excellence' system is open source and free, but that's only for mobile phone manufacturers. GCA collects huge fees for digital certificates from software developers every year through the iTunes Store, which is essentially collecting royalties. Yahoo, as a global search giant, has taken a considerable part of its profits from the iTunes Store, will they be willing?

As for the question of ancestry, it is simpler, China and the United States are already in a competitive relationship, no matter how large the proportion of American capital in Hanhua is, its headquarters are in Beiping, and a large amount of tax revenue has also flowed to China, leaving only the United States with tax revenue from sales. It earns tens of billions of dollars a year for the American people, but only provides tens of thousands of jobs, taxes are only a billion yuan, and it is strengthening its competitors.

Even if GCA still has a good relationship with Yahoo, it is inevitable that other companies will emerge to go to war with it, whether for business or political gains. In this case, instead of waiting for the outbreak of a rival with a small gap between itself and oneself, it is better to take the initiative to provoke a war when one's own side has a clear advantage.

Hanhua's lose-lose style of play has indeed frightened many pretenders, and the U.S. government will only act within the scope of the law and will not obviously violate the law. After beating Yahoo, the upper, the rest of the pretenders will have to think twice, Hanhua can take the initiative to bear tens of billions of dollars in losses, whether they can also afford it.

However, just as Li Jiaming was about to return to China to join his wife and daughter and return to his hometown for the New Year, the family ushered in an unexpected lobbyist - Robert. Li Jiaming has a deep relationship with Robert, and his rapid development is also related to the Robert couple, if it were not for Kyle borrowing a large amount of money from Ms. Agnese, he would not have been able to support Lifang and Hanhua on his own.

Later, although the two fought on the Qualcomm acquisition case, Robert, who had the upper hand, did not harm Li Jiaming's interests, which shows how accurate and sleek this person's vision is. Later, Li Jiaming also reciprocated, allowing Robert to make a lot of money with the help of Sohu Tesco, Sogo, and Hanhua's listing, and sat firmly in the position of vice president of Goldman Sachs, becoming one of the giants on Wall Street, not just Ms. Agnese's husband.

However, it was such a friend who had a lot of common interests with Li Jiaming who chose to watch when he and Hanhua were harassed by the Ministry of Justice, even if Kyle and Shirley came to visit, this big man on Wall Street had no intention of helping. Unlike the indignant Wang Zhidong, Li Jiaming understands Robert's actions very well, and he will do the same in that position. Just like when Lao Cai begged him to come to him and wanted him to help him deal with him, he also shirked.

After pulling away, Li Jiaming, who had already packed his luggage, welcomed the guests into the house, instructed the maid to bring coffee and pastries, and said politely: "Robert, I am going back to China for a vacation, and the plane is waiting at the airport." ”

"Ok, I'll cut it short then. ”

Robert is making peace, representing both himself and Goldman Sachs, as well as some forces that are difficult to say. Although he made it clear that he only represented him personally, Li Jiaming knew that this was the meaning of many capitalists and politicians, otherwise he would not have sent such a person with connections to him to act as a lobbyist when Yahoo was about to be completely defeated.

"Ming, Jerry just had that intention, but you started the war. ”

There is such a powerful force standing behind, and it is normal to be so aggressive, Li Jiaming took a sip of his hometown's cigarette tea, and said undeniably: "So what?"

Robert came to negotiate, but he did not have the consciousness of losing the upper hand, but implicitly threatened: "So you have the capital to put forward conditions now, but you must understand one thing, everyone does not want to see Sogo replace Yahoo, just like Yahoo (Huaguo) was defeated by Sogo."

"You should talk to Kyle, he's the CEO of the company."

"I've already met him".

Li Jiaming's eyes narrowed imperceptibly, and then joked again: "Then do it according to his conditions, I have an agreement with him, and I am only responsible for the strategic direction of the company." ”

"Ming, we are friends and have been friends for more than ten years, I don't think it's wrong to do so, right?"

"Of course".

Robert put down the white porcelain cup in his hand, put away the condescension just now, and said sincerely: "The United States is a society governed by the rule of law, but the law first protects the interests of capitalists, and then takes into account the interests of different strata of society.

I do not deny that we are a commercial country, and the starting point of everything is for commercial interests, but there is a premise here, and all people must defend the interests of the country. So Yahoo can be replaced by Google, but not by Sogo. Can you understand me when I explain that?"

Understand, otherwise Yahoo (Huaguo) will not be so easy to be killed by Lao Zhang, the state can allow American cars, Japanese cars, and even South Korean cars to run on the streets, but will not allow foreign websites to become one of the mainstream media. It's the same in the United States, Fox of the same kind and text can call the wind and rain in the United States, but it is absolutely impossible to see how much influence AFP or Kyodo News has in the United States. Only a country like Japan, which cannot even be militarily autonomous, will allow Yahoo (Japan) to grow bigger.

However, this is a difficult thing. It's not that they have to take care of Lao Zhang's interests, but Hanhua has lost too much, if he can't get a return from Sogo, wouldn't this battle be in vain?

After drinking a cup of tea silently, Li Jiaming muttered: "Robert, as you said, we have been old friends for many years and have been friends for more than ten years. One thing you know is that although Hanhua has a good relationship with the Chinese government, it has always avoided getting involved in politics.

In addition to the efforts of tens of thousands of Chinese employees, Hanhua is inseparable from the efforts of tens of thousands of American employees, and has integrated into the mainstream American society. If you really want to characterize Hanhua, maybe it would be more appropriate to call it a US-China joint venture, do you have a different view on this?"

Robert nodded again and again and agreed: "Good, this is also the main reason why your country's Huawei and ZTE are blocked from entering the US market, while Hanhua can pass through the North American market unimpeded."

Ming, politics is the continuation of the economy, but politics does not have a counter-effect on the economy. ”

Okay, as long as it is clear that Hanhua is not only a Chinese-funded enterprise, everyone will have a common foundation, and everything can be discussed. Li Jiaming picked up the phone next to him, asked the assistant to postpone the take-off time of the plane, and also called Lao Zhang and Kyle to come over and have dinner with Robert, who came from afar.