Chapter 250: There's Something Bigger!
This time, the annual meeting of Phoenix Mountain lasted for ten days, and Lao Jiang spent a lot of time and finally coordinated all parties to adopt the 2005 Huayin Consortium development plan based on the opinions of the Xu family. Pen × fun × Pavilion www. biquge。 info
In 2005, the three key development directions of the Huayin Consortium were finance, real estate and high-tech, and the rest of the industries were operated by the holding group companies themselves, doing what they could, and not using the surplus resources of the consortium.
Mei Jiali was unhappy, which meant that her plan to invest in hydropower in the middle and upper reaches of the Dadu River was rejected, and Jiang did not support her and Chen Jian in developing new hydropower projects in addition to the existing projects in the middle and upper reaches of the Jinsha River.
Ha!
This is the reason why Xu Teng did not continue to argue with Mei Jiali about this, he asked Jiang Lao Mo to veto it, hide behind the principal's back to enjoy the shade, enjoy the fruits of victory, and try to maintain family harmony.
As a concession, Mr. Xu and Jiang Ningyuan approved the expansion investment plan of Macau Fuxin Group in Angola.
On the night of the end of the annual meeting, Mei Jiali took a special plane to Angola without saying hello to Xu Teng...... got angry and knew that Xu Teng was cheating behind the scenes.
How embarrassing it is, only Xu Teng and the flower foreman live in the same room at night, not to mention that Xu Teng has the habit of sleeping naked.
The next morning, Xu Teng was still in bed, and he received text messages from several joint partners in a row, Li Dongsheng sent two in a row, and Liang Weigen also sent two, and when the final vote was held yesterday, although they all voted in favor, they were actually very disappointed.
Li Dongsheng's situation is very embarrassing, he led the establishment of Shenzhou Electric Holding Company in October 2004, which is basically the weakest first-class holding group company under the Huayin system, although the industrial and commercial registration name is a bit exaggerated...... China Shenzhou Electric Holding Group Co., Ltd., he had to use this name, and Huayin Department took a lot of effort to complete the registration with the State Administration for Industry and Commerce.
The restructuring process of this Shenzhou electrical appliance company is quite smooth, it has TCL, Meiling, Little Swan, Rongsheng four major brands, covering TV, air conditioning, refrigerators, washing machines, small household appliances, LED lighting six major industries, through cooperation with Tencent Group, the joint acquisition of Langke Electronics, Coolpad Electronics two companies, TCL's computer, mobile phone business transferred to Coolpad Group, the production line is sold, and related products adopt a full OEM model.
The only problem with Shenzhou Electric is that the profits are meager, and Rongsheng and Meiling are still losing money.
Because of the fierce competition in the electrical appliance industry and meager profits, Li Dongsheng can not completely rely on bank loans to solve the financing problem, otherwise, in 2005 will undoubtedly lose, he pinned most of his hopes on the support of the Huayin consortium, hoping that the consortium will inject about 2 billion yuan within the consortium, so that he can adjust the product line, upgrade, and aim at LCD TV, central air conditioning, small household appliances These industries with strong profits.
As a result, after Lao Jiang decided to increase the capital of 30 billion yuan to the financial industry and the real estate industry, the capital increase to Shenzhou Electric was only 700 million, which was not even 1/3 of what Li Dongsheng expected, which did not meet the specifications of "China Shenzhou Electric Holding Group Company".
"There's no hurry. Xu Teng replied to the four co-partners who had disturbed his rest early in the morning, and then threw his phone aside and continued to sleep.
"Angola is in ruins, and all aspects need to be funded, so what is the political risk of continuing to expand investment?"
Xu Teng completely gave up the struggle, no longer slept lazy, and sat on the bed to reply to Mei Jiali.
She was asking the right question.
"It's okay, you do it boldly, and if something happens, I'll be unlucky. Xu Teng is very sure that the political situation in Angola will be stable in the next ten years, and as long as he has deep connections, there will be no problems.
He also doesn't want to have more disputes with Mei Jiali in the investment field now, as long as he doesn't go against the annual decision-making plan of the Huayin Consortium, he won't go against it again.
Fuxin Group's domestic expansion is limited, and it can only implement the "going out" strategy!
Since 2004, domestic companies investing overseas, especially in Africa, have been able to easily obtain preferential loans from the three major policy banks, as long as they have connections, and have not been affected by the central bank tightening policy in 2005.
For the Angolan offshore oilfield project jointly developed by Intertrust Group and CNOOC, only one-third of the loans came from IMCO in Macau, while the remaining two-thirds of the loans came from China Development Bank.
"Then I'll try to stay in Angola for a few more months this time, just in case. "Mecarrie is ready to spend money in Angola with helicopters, which is also no way, it is not so easy to do business in Africa, and private companies that want to invest on a large scale must have very deep connections.
"I'll go there when I have time. Xu Teng thought about it, it is estimated that he will be free in April to go to Angola to have a look, after all, it is still very valuable for investment, it is said that the land price of Luanda, the capital of Angola, is later more expensive than Hong Kong, which is really good.
"Okay, in fact, I can understand that your Industry 3.0 plan still needs more investment, and you don't want me to continue to expand the ...... of hydropower investment in China!"
Xu Teng chatted with her for more than a dozen text messages, completely sleepy, and simply got up to take a shower and eat, but still didn't dare to leave the room.
He really doesn't want to go out, it is estimated that many joint partners are anxious to discuss with him, but he has no choice, he must tighten his belt this year, not a holding group, but every one.
In 2004, Huayin was crazy, participated in more than 10 large-scale investment projects, and acquired more than 40 enterprises...... This is a typical Mao eating grain.
2005 is destined to be much quieter, prioritizing existing projects and the many companies acquired last year, and implementing broader internal integration.
For Xu Teng, this year is also destined to be boring.
Because the era of wireless and smartphones is coming, this year, his focus must be shifted to Tencent Group, and what he has done is basically impossible to announce.
The smartphone industry is big and the margins are thin unless you're Apple.
Samsung actually relies on its own product chain to make money, and the net profit of Huawei mobile phones may not exceed 5%, and Xiaomi and so on are even more embarrassed.
Of course, Huawei's mobile phone shipments reached 20 billion US dollars, and if it can really have a 5%, or 4% net profit, this is really a very powerful operating level.
As a business, the revenue is very large, the profit is calculated, and the net profit is actually not a few cents.
Of course, being a boss is definitely better than being an employee, even if you are a small boss, you can live a very nourishing net profit of hundreds of thousands a year.
According to the arrangement of the Hurun Rich List in November 2004, Xu Teng's net worth is 165 billion RMB, which seems amazing, and the real income is zero, because he has zero salary in Huateng and Tencent Group Companies, and the net profit of the two group companies combined is minus 2 billion.
Huateng Group's losses are too severe.
Grass.
Industry really can't be done.
Early in the morning, Xu Teng was about to borrow wine to drown his sorrows, poured a glass of bright red Hennessy VSOP, and sat on the windowsill of this presidential suite looking at the beautiful scenery of the Phoenix Mountain Scenic Area.
It's winter, the mountains in the south are still verdant and evergreen, and the late autumn season in Jiangzhou is almost the same, you can wear a three-piece suit when you go out, and you don't even need to wear a sweater.
Xu Teng actually has nothing to worry about, Huateng Group seems to have invested heavily in high-tech, but he is not stupid, 2/3 of the investment is actually concentrated in Huateng Land, in 2003, 2004 are actively hoarding land.
This year, he is ready to continue to lose 20 billion, the old rule, 2/3 for land hoarding, 1/3 for investment in high-tech.
There's no way, the Xu family is such a tiger!
It's no wonder that the other co-partners are dissatisfied, even Mei Jiali can't be satisfied, don't look at Mr. Xu's mother has been silent at the meeting, in fact, they all let Lao Jiang support him in front of the stage.
Lao Jiang's 2005 development plan for Huayin Department, ostensibly claiming that finance, real estate, and high-tech are the three new leaders, but in fact, it is to continue to use the capital of the entire consortium to support Xu Teng's rapid expansion.
In a word, the spoils are unevenly divided.
Therefore, Xu Teng didn't plan to go out today, so he hid in the guest room and waited, waiting for the other joint partners to leave helplessly, and then he was the last one to leave Phoenix Mountain.
"840 million pounds to buy Manchester United, do you buy it?" Mr. Xu has already returned to Macau by helicopter, and left after the meeting last night, strategizing behind the scenes to support his son's development, and now finally give Xu Teng a cool script.
"Isn't it already Liverpool?" Xu Teng thought this was a bit strange, although Manchester United would be sold to the Glazer family this summer, but as soon as The-ShunFamliy made a move, as long as Manchester United were willing to sell themselves, money would definitely not be a problem.
The only problem is that Sheikh Mansour is more tiger than the Xu family, and the Abu Dhabi consortium is also more tiger than the Huayin consortium.
To tell the truth, Xu Teng would rather buy Inter Milan and spend a little money to have fun.
"Liverpool...... It's unlucky, there are always tragedies. "Mr. Xu is still more superstitious in this regard, he didn't have a choice at the beginning, he could only buy Liverpool, and now he can buy Manchester United, of course, he must choose Manchester United.
Investing in football, the Premier League is really the first choice, you won't lose anything, and the rest is really upside down.
"Then what are you going to do with Liverpool?" Xu Teng always felt that this matter was a bit strange, the Xu family would not hold two Premier League giants, he did not support Mr. Xu's acquisition of Manchester United, but then again, this kind of opportunity is still rare.
"Wait two years before selling, there will always be new investors who will take over at a high price. "Mr. Xu has made up his mind to buy Manchester United.
"Let Carrie use Fuxin International Investment Company to buy Manchester United, it will definitely not be a loss, I will take over Liverpool, anyway, I don't believe in evil. Xu Teng gave a new decision, not planning to let the Xu family give up Liverpool, and added by the way, "The money is still yours, we don't have money." ”
Xu Teng really has no money.
His net worth can only be used to scare people, at most it is a little more convenient to borrow money, in terms of actual income, he is 108,000 miles worse than Mr. Xu, Mr. Xu has two super five-star gambling ships and cruise ships under his name, and holds seven casinos in the entire Asia-Pacific region, plus a number of health care product companies that have been firmly in his hands, and his annual income is very high.
It's real money flowing into your pocket.
This is really rich, unlike Xu Tengkong, who has a net worth and no income.
Why did Xu Teng transfer the originally planned resorts to Jiangtai Group, because he had no money, and now he only has Ruilin Mansion, Zilong Villa, Emerald Plaza Block A Sky Apartment, and two overseas resort estates.
Nothing else, Mahler Villa is the property under the name of Mr. Xu's mother, Boya Apartment is Mei Jiali's property, Emerald Lake Manor 127# is Xia Li's, and 128# is Mei Jiali's.
He originally built a Weizhou Hot Spring Resort Villa, which can be called the property of the origin of the old Xu family, but because there was really no money on the books, he could only sell it to Jiangtai Group and let Chen Jian help him build it, anyway, he and Chen Jian are brothers and do not settle accounts.
"Money is not a problem, then let Carrie's Macau Fuxin Group buy Manchester United, your mother and I will go to Manchester in person, Carrie will talk in person when she is free, this money, Fuxin Group still has it, we will borrow a special loan, just don't delay her business." Mr. Xu hesitated for a while, but finally agreed to Xu Teng's proposal.
The-ShunFamliy!
The Xu family is now so tiger, always have to get some style, the Xu family originated from Boyi, Boyi is the son of Shaohao, Shaohao, one of the five emperors, and the tribe takes the phoenix as a totem.
This is the reason why Mr. Xu wants to buy Liverpool, Lao Xu made a mistake, thinking that the bird on the Liverpool logo is a phoenix, and after figuring it out, he has always regretted it a little, because Liverpool is indeed a bit evil, and every time it is in its heyday, it will encounter a catastrophe.
At present, the real largest shareholder of Macau Fuxin Group is also the Xu family, which only holds 35% of the shares through a number of overseas family trust funds, while Mei Jiali and the fourth aunt hold 30.3% of the shares, and the rest is held by the Mei family, Huayin and other institutions.
Overall, the Mei family and the Xu family each hold 35% of the shares.
The core subsidiaries of IMSA Group are IMS, IMS Insurance, IMS Securities, IMS Real Estate and IMS, which hold a number of property, port and tourism companies in Macao, Hong Kong and the Mainland, and are major shareholders of Air Macau, CTM and CTD.
Intertrust International Investments' subsidiary, Xiwan Petroleum Company, mainly invests in the oil industry in Canada and Angola, and also invests in a wide range of minerals and commodities in traditional Portuguese-speaking countries such as Brazil.
Such a company's investment in Manchester United is largely in the past.
As for Liverpool, Xu Teng feels that his temperament with Liverpool is quite compatible, he has no money, and Liverpool is also known for being poor and famous for being poor.
In fact, he wants to invest in Inter Milan and AC Milan, and has a huge fan base in China.
It doesn't matter anymore.
Xu Teng's recent relationship with Mei Jiali is very discordant, it is all about money, and he has repeatedly advised Mei Jiali to focus on finance, real estate and commodity investment, how wonderful it is, but Mei Jiali has to drill the horns of hydropower.
He is more familiar with many of the thoughts in Mei Jiali's heart, so he roughly has a guess that Mei Jiali is a foreign girl after all, and his inner intuition is to conclude that the central enterprises will also be privatized on a large scale.
Now she is expanding investment in the hydropower sector and strengthening cooperation with TEPCO and Zhongrun Power, probably hoping that one day, she will take advantage of the privatization of the Dongdian Group, and then use TEPCO as a springboard to privatize the entire mainland hydropower industry.
Because Xu Teng is very opposed to the privatization of basic industries such as railways, transportation, electricity, telecommunications, and water affairs in China, Mei is reluctant to say what she really thinks – she hopes that one day, she will use the influence of the Huayin consortium in the mainland's economic and social public opinion to promote the privatization of the power generation and power grid industries.
This is Xu Teng's speculation, otherwise, there is no way to explain this matter.
Xu Teng can only say that if his speculation is correct, Mei Jiali's large-scale investment in petroleum, petrochemical and PX in 2003 is likely to be aimed at the gradual privatization of one of the three barrels of oil. Because the chances of success were so low, in 2004 she refocused her strategy on the power generation sector when she had the opportunity to step in hydropower investment.
This little girl is a real big capitalist!
Sitting on the windowsill of the guest room, Xu Teng thought about the whole thing repeatedly, and now he could roughly feel Mei Jiali's disappointment and anger, but her business plan itself was very unreliable.
He sent a text message to Mecarrie informing her that the new decision was for her to buy Manchester United, with her parents-in-law paying.
Different family environments, different men and women, the relationship between husband and wife is often different, he and Mei Jiali are two major capitalists, both are very ambitious, and it is more difficult to maintain the relationship between husband and wife if they want to live in harmony.
This is really not a relationship between the head of the bed and the end of the bed.
The two are lovers, and if they want to get married in the future, they must also be good partners and comrades in their careers, support and care for each other, and work together for the ideal of capitalist domination of the human world.
At this moment, Xu Teng realized that his life was not flawless, he got a lot, and he was destined to pay a price, for example, he wanted to have a simple and warm family, and a traditional wife who took care of the family, which was impossible.
Xia Li was originally such a woman, but now it is impossible, because the Xu family is too rich to take care of Xu Teng's daily life, which is the work of the flower foreman and the waitress in the family, he and Xia Li only need to maintain a pure lover relationship, a pure relationship between men and women.
He and Mae Carrie were both lovers, comrades and allies in the cause of the capitalist revolution.
Xu Teng didn't leave the room for a long time, still staying at the Phoenix Mountain Resort Hotel, and the co-partners who didn't leave because of the end of the annual meeting finally got anxious and began to knock on the door.
Xu Teng knew that they wanted to meet, wanted to negotiate again, capture the thief and capture the king first, and did not dare to oppose Mr. Xu and Jiang Laomo, so they could only find a breakthrough from him, ask for funds and support the industries they were responsible for.
People are very realistic.
Why do they give up their absolute controlling stake in their respective groups and join the Huayin system, because they think that the Huayin system has money and want to obtain capital from the Huayin system, develop faster and expand their personal property more quickly?
The only way out is to continuously expand the scale of the industry with the support of consortia and banks.
In the past, millions of mobile phones were sold a year, each earning dozens of yuan, but with the full support of Huayin, tens of millions of mobile phones can be sold a year, and each one still earns dozens of yuan, and the total net profit has increased from 100 million to 1 billion yuan per year.
Several business tycoons have been guarding the corridor, knowing that Xu Teng did not leave, knocking on the door, sending text messages, hoping that Xu Teng will come forward to renegotiate, according to the annual resolution voted yesterday, in 2005, Xu Teng has at least 20 billion consortium special financing to spend, accounting for 40% of the 2005 consortium internal financing, involving Xu Teng's finance, real estate and high-tech industries.
The Xu family is too domineering, although Xu Teng is the prince, the prince can't be so rogue!
Several bigwigs didn't want to force the palace to rebel, they didn't ask for much, and they came out with two billion.
Xu Teng didn't open the door, although Lao Jiang left, Professor Ma hadn't left yet, Xu Teng sent a text message to Ma Guangyuan, asking Ma Guangyuan, who lived next door, to come over to escort him.
This time, Xu Teng is ready to personally participate in the political debate in the temple, from theory to actual combat, to defeat this gang of rebels! )