Chapter 367: Transformation
"What is the expected investment in the U.S. state?"
Zheng Fan, who was eating ramen in the small conference room, showed some embarrassment, which was also puzzled. Pen | fun | pavilion www. biquge。 info
"If we Century Holdings can keep up, the US state investment even wants to make the assets of the Sunshine Nuclear Power Group more than one trillion dollars." Only Ye Qian can understand some of Zheng Fan's thoughts.
"Trillions of dollars? What are you kidding, Century Holdings doesn't have so much money, and it is good to go crazy with the investment of the United States and stabilize the status quo of the Sunshine Nuclear Power Group for the time being. At the critical moment, Zheng Fan retreated.
Unlike Luo Hong and others, who feel that Century Holdings has the strength to follow, Ye Qian knows that what Zheng Fan really cares about is the technology and talents of the nuclear power group, not to make a breakthrough in operation and income.
"To say that the nuclear power industry is a high-quality asset in the future is simply a lie, but what is actually valued is talent and research results, if the nuclear power group can make a nuclear bomb, it is estimated that he will follow how much he invests." Regarding Zheng Fan's bombing of the temple, Ye Qian couldn't help but secretly slander.
"Is there anything else going on in the U.S. other than the restructuring of the Sunshine Nuclear Power Group by U.S. state investment?" Zheng Fan asked with a pulled face.
"New York Life, UnitedHealth Group and American International Group have signed a 30% equity transfer agreement with us Century Holdings for a price of $900 million, and we have also obtained the consent of the three parties to verify the entire assets and finances of the entire Mayo Medical Group, and I believe that it will be a logical takeover." Although Ye Qian was reporting, she was asking Zheng Fan's opinion.
"Having 30% of the equity is already good, this thing is very good, the reason why Mayo Medical Group can have growth, is mostly because of the background of the three powerful insurance groups as shareholders, and now the three insurance groups have transferred part of their equity to Century Holdings, but they have not withdrawn, which will be self-evident for the benefits of the subsequent development of Mayo Medical Group." Zheng Fan nodded in satisfaction.
"Indeed, the equity acquisition of Mayo Medical Group is also the result of President Jier's consideration, and we are now acquiring the shares of Mayo Medical Group held by three insurance groups, which can not only maintain the equity ratio we acquired, but also not make any insurance group withdraw, and for the three insurance groups, it is also a good thing to introduce Century Holdings, a strategic investor with abundant funds and influence in the capital market." Ye Qian looked quite confident when she talked about business.
"Do you win?"
In the view of Wang Fengqiu, vice president of Tatfook Bank, even if the follow-up development financial support of Mayo Medical Group is not mentioned, for the three major insurance giants, it can also enhance the capital connection with Century Holdings.
"When Yao Ling's side is done, let her take someone to the United States immediately to familiarize herself with the situation of Mayo Medical Group." Zheng Fan smiled a little meaningfully.
"In terms of biological and biochemical research, we are negotiating with Merck Medicine in the United States to acquire its Merck Biological Research Center in California, which occupies a very large area, with the world's top personnel and equipment, but because of the high cost of research and development, it has become a serious burden for Merck Medicine." Ye Qian continued to say to Zheng Fan.
"California?"
Zheng Fan's expression froze slightly, and he muttered.
"Yes, the research center is located in the suburbs of Pasadena, California, not only the University of California and the California Institute of Technology, but many well-known colleges in California can send talents to the research center, but President Ji'er said that the price of the research center is a little high......" Speaking of later, Ye Qian couldn't help but pause.
"So, Merck is not throwing off the burden, but trying to make a profit from the research center as an investment project?" Zheng Fan pushed the empty noodle bowl aside and asked with a smile.
"The asking price is $1.5 billion, which is at least 30% higher than the actual assets, but President Ji'er is actively negotiating, and I believe that it can be pressed down a little more." Ye Qian didn't have any intention of relaxing her money bag.
"Tell Ji'er, we don't have to miss this money, just let her be almost, the most important thing is to make progress." Zheng Fan seemed quite urgent.
"For any pharmaceutical group, investing in R&D funds is a very risky thing, it can be said that the vast majority of biological and biochemical research centers are continuously supplied by the entire pharmaceutical group, we are rich and powerful, but if we cannot make profits in biological and biochemical research, and blindly invest, is it not equivalent to burning money?" If Zheng Fan's real purpose is discarded, Ye Qian is not too optimistic about the acquisition of the research center that Ji'er is talking about.
"It's really a question, Merck, as a listed pharmaceutical group in the United States, is still very profound, do we have the opportunity to directly acquire it?" Zheng Fan took the cigar handed by Eika Yoshii, struck a match and lit it slowly.
"In recent times, it is still quite difficult, unless Merck Pharmaceutical Group can be set up in the capital market and make a hostile takeover of it, but how long it will take to lay out before it can bear fruit, which is not easy to say." Ye Qian shook her head, signaling that she couldn't eat hot tofu in a hurry.
"We can't wait any longer, let's acquire Merck Biological Research Center first, and the funds for research and development can be supported by the equity of Mayo Medical Group, and there is another point, you and Wang Fengqiu should pay attention to it, as we transform to the direction of scientific research, we must deepen the relationship with major universities in the United States." Zheng Fan's deep expression made Ye Qian a little puzzled.
Unlike other executives of Century Holdings and Tatfook Bank, all of whom have academic qualifications from famous Western universities, even if Ye Qian is a good helper, she has also grown significantly under Zheng Fan's **, but after all, she was brought out of the mainland, and her cognition of Western institutions of higher learning is a shortcoming.
"To put it simply, we want to increase our influence in well-known universities in the United States, and Tatfook Bank's private client asset management has developed quite well, and you have to be good at summarizing the experience." Zheng Fan grasped the stout cigar in his hand, and he was not too anxious.
"I hope the boss can explain it clearly."
Ye Qian motioned to Ji Keying to take minutes of the meeting, and said very seriously.
"Although there are many well-known universities in the United States, but the management of the school is not the government, nor the president of the college, but the asset management company, their president, far less than the senior executives of the college asset management company have the right, at present, our Century Holdings and Tatfook Bank are famous, fully capable of infiltrating some well-known universities, if we can succeed, we can get more benefits." In his previous life, as a top student at Harvard University, Zheng Fan naturally knew the difference between Eastern and Western education and culture.
"Is that so?"
Ye Qian looked somewhat incredulous, and looked at Wang Fengqiu, who had studied in the West.
"If Tatfook Bank's asset management system can penetrate into the major universities in the West, the benefits it can bring are by no means a fraction of a star." Wang Fengqiu looked shocked, and answered Ye Qian's inquiry.
"If you want to really have the right to be in charge of the famous universities in the West, you must also achieve a win-win situation or even a win-win situation, and you have to let the asset management companies of these universities get the sweetness from the capital market, so that we can continue to negotiate with the university side, but before that, we still need to do a lot of communication and exchanges." Zheng Fan smiled a little meaningfully.
"I can assist President Ji'er in doing this, and if it is done well, it will also be a very good supplement to the business of Tatfook Bank." Wang Fengqiu volunteered.
"Then I will wait for your good news, if Tatfook Bank can enter the asset management companies of various famous universities and sign asset management agreements with major universities, we will be equivalent to mastering these well-known universities." Zheng Fan took a puff of his cigar and said with a smile.
"If the boss wants to master all the well-known universities, I'm afraid it is still very difficult, even if the capital operation of Century Holdings and Tatfook Bank is famous, it is a good signboard, but some of the top college property management companies and foundations, out of consideration of various interest factors, will exclude us from intervening, according to my estimate, it is already a very good thing to be able to intervene in the negotiation of four or five famous schools." Although Wang Fengqiu wanted to do this, he was not blindly optimistic.
"I'm just making an analogy, of course, I know that for the penetration and mastery of top colleges, we have to do it, Century Holdings and Tatfook Bank do not have the old family after the vigorous development, precipitation of the heritage, if you want to transform to scientific research, you must have first-class institutions of higher learning talents, scientific research results access, human resources talent is one thing, especially our loyalty to scientific researchers, will be very picky, so we have to try to increase some selectivity." Zheng Fan laughed.
"This direction is still very good, if we can make progress, we can also invest in a small number of famous universities, set up research institutes, buy intellectual resources in famous universities, especially in the case of the cooperative relationship between the two sides to occupy the initiative, can be advantageous, human resources, access to our various companies." While Wang Fengqiu thought deeply, he didn't even say that he would improve his social status.
"If you control the property management company of a prestigious university and the operation of the foundation, can you even afford to support various research expenses?" Ye Qian felt that Zheng Fan's proposal had many considerations.
"Research expenses are all small sections, with the existing strength of our Century Holdings and Tatfook Bank, even if it is a long-term investment in scientific research, it is not a big problem." Zheng Fan smiled, indicating that it was not appropriate to think too much at the moment.
(The first update will be delivered.) )