Chapter 641: Kumho Empire
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In the last days of September, Asian financial markets seemed to be looking for the end of the world. Pen, fun, pavilion www. biquge。 info
The weather in the mainland is already in autumn, and the dreary weather in Hong Kong is still hot, and this is a city that has no hope of looking forward to winter.
The office building is a little old, with gray floor-to-ceiling glass windows, holding the hot coffee on the table, Zhang Ke looks at the dark clouds outside the window and the haze sky, from the gap in the buildings, only a line of dark blue water can be seen in the distance.
Jiang Wei followed his line of sight, looked at the sea and sky scenery in the gap between the buildings, and said with a smile: "Ke Shao wants to change the place with a better vision?" ”
"How many days a year can I stay?" Zhang Ke turned around, looked at Jiang Wei, and said with a smile, "Don't push your own ideas on my head, push them over, and I won't admit ......"
"It's been three years since I was abducted into Kumho, and I can figure out some ideas ...... Ke Shao" Jiang Wei smiled, thinking about it carefully, it seems that few people can sort out how much wealth and power the young man in front of him has......
Yuexiu Holdings has a net worth of 5 or 6 billion yuan, holding a controlling company of Aida Electronics, holding one of the largest white appliance manufacturing enterprises in the mainland, Xiangxuehai Electric Appliances, holding shares in the mainland's largest home appliance chain enterprise Shengxin Global Electric, and is also secretly planning to invest nearly 10 billion yuan in a wafer factory project.
AIDA Group and Kumho R&D Institute are two sides of the same coin.
AIDA Group directly controls the production of educational electronic products AIDA Education Electronics Co., Ltd., the production of mobile phones AIDA Communication Electronics Co., Ltd., the large-scale integrated circuit packaging and testing of circuit board components production of AIDA Microelectronics Co., Ltd., the production of LCD screens of AIDA Jingping Electronics Co., Ltd., the production of molds for its products AIDA Precision Mould Co., Ltd. and many other entities, forming a huge electronic industry system. At this time, it began to set up a large marketing system responsible for the mainland and emerging markets in Southeast Asia, AIDA Sales Co., Ltd.
Not to mention anything else, the mobile phone production license held by Aida Communication Electronics alone is very eye-catching.
However, the core asset of the entire system is the multi-level technology research and development system of Kumho Institute of Technology; At the time of the merger and listing, after all, 50% of the equity of Taite Optoelectronics Technology Research Institute was not included in Aida Electronics - the value of this part of the assets is difficult to estimate, and Kumho Research Institute continued to hold half of the equity of Thai Optoelectronics Research Institute; Located in Silicon Valley, the United States of America large-scale electronic technology experimental base ESS is currently Kumho Research Institute's core assets, directly injected 20 million US dollars, and spent 50 million US dollars to acquire the surgical manufacturing technology and technical team from Deyi directly into ESS, compared with Cheng Hanzhang and Xiao Jincheng years ago, today's ESS has been reborn, not only has a complete set of mobile phone manufacturing technology in addition to the baseband chip, but also has the future development of overseas market electronic music player technology, Computer storage disk technology, with a group of first-class technical research and development personnel; Kumho Research Institute also has several product development centers and technology experimental bases in Seoul, Tokyo, Tsukuba, Hong Kong, Beijing and other places, in addition, Kumho Research Institute is spending great efforts to start the Oak Park plan to build a super-large-scale technology research base, including several super-first-class laboratories, venture capital funds, business parks, youth apartments and many other projects, has invested more than 500 million yuan, and will come up with about 50 million funds in the near future to implement the "100 people action" plan. Plan for Oak Park to search for senior technical talent around the world.
The venture capital fund part of the Oak Park plan, serving domestic science and technology innovation and entrepreneurship, has just been launched, at this time it only has the core project of the Quantum online portal that can be praised, Kumho invested 25 million in Quantum Online before and after, this time, Quantum Online directly raised funds from overseas ventures, and issued 5 million additional shares to overseas venture capital institutions at a price of one dollar per share, Kumho's equity value increased nearly three times, and still holds 56% of the controlling stake, and Ma Xiangdong and other founders hold 14% of the shares.
As electronic dictionaries and other products have just been launched, and AIDA's mobile phones have been repeatedly delayed from listing, Kumho Institute of Technology's current direct profit projects are only the profit sharing of disc decoding chips and disc machine spare parts such as disc control chips and power management chips (movement accessories are owned by AIDA Electronics), and the monthly revenue is still as high as 11 million US dollars, providing strong technical support for Kumho's overseas technological expansion.
In addition to the investment part that has been included in the Yuexiu and Shin Kong Paper and Oak Park plans, Kumho Institute of Technology also holds a huge amount of funds of 2.2 billion.
Shin Kong Paper.
In the past two years, Kumho has successively injected 800 million yuan into Shin Kong Paper.
The value of the forestry company owned by Shin Kong Paper cannot be estimated for a while, but this part is the largest part of Kumho's investment, with a cumulative capital injection of as much as 600 million yuan, and the construction of more than one million acres of Sufeng Forest has been completed. This year and next year, it is necessary to complete the task of building the remaining 2 million mu of fast-harvest forests in Donghai Province, which will restore the forest coverage rate of Donghai Province to the level of 90 years; of course, the ecological effect of more than 3 million mu of fast-harvest forests cannot be compared with the same area of natural forests, but compared with other provinces that are still indiscriminately cutting down natural forests without restraint, Donghai Province has started a natural forest protection project, and there is a slight improvement in curbing the momentum of continued environmental deterioration in the Xiaojiang River Basin. Although the forestry company intends to expand outward, because the state has not yet introduced the overall policy of natural forest protection and forest paper integration, the promotion of local work in other provinces is not very strong, and the pace of expansion of forestry companies to other provinces cannot be accelerated for a while.
Xinguang Paper's total papermaking assets have been billion, of which the net assets have accumulated as much as 300 million, after the second phase of expansion, only by the scale of papermaking, has been squeezed into the largest domestic papermaking enterprises. In addition, Shin Kong Paper will also raise US$100 million from the Export-Import Bank of Donghai Province to acquire a 30% stake in Yunyuan Pulp under the name of Malaysia's Kwok Group.
After two years of rapid expansion, once the cooperation with Yunyuan Pulp is reached, the total assets of Shin Kong Paper will approach 3 billion. In China in '97, the company's assets exceeded 2 billion, even if it entered the gold club. Although Shin Kong Paper's debt ratio is relatively high, due to the continued decline in the RB exchange rate, the actual size of the yen loan liabilities obtained from RB Commercial Bank has shrunk to about US$64 million.
Well, the second phase of Xinguang Paper's project has just entered the trial production stage, and it has generated a profit of 156 million US dollars.
Think about it, Donghai Province received a $2 billion yen loan from RB at the end of last year, and the Donghai Provincial SDIC Group directly made nearly $400 million in profits from it, which was almost half of Donghai Province's provincial fiscal revenue in '96.
Except for Xiangxuehai and Xinguang Paper, which directly obtained commercial loans from RB through the credit guarantee of the Export-Import Bank of Donghai Province, the other yen loans were obtained by Donghai Provincial SDIC Group from RB policy yen loans, transferred to China, and then lent to enterprises and institutions such as Donghai United Iron and Steel Group.
With this achievement, Donghai Provincial SDIC has almost made it shine in many domestic SDIC groups.
This is also the reason why Xu Xueping was able to come to the front of the stage again to preside over the inventory of the State Investment Corporation.
Although the political achievements cannot be attributed to the current governor Li Yuanhu, Li Yuanhu has an extra windfall in his hands, and the budget is relaxed, which makes it easier for him to implement more of his political ambitions. On the other hand, the rectification of the provincial forestry and water conservancy systems, and the things that offended people were all done by Xu Xueping, but the position of Tao Jin, secretary of the provincial party committee, was increasingly consolidated, and it was very promising to go one step further.
Kumho holds nearly 100% of Shin Kong Paper, 90% of Aida Group or Kumho Electronic Technology Research Institute, 34% of Yuexiu Holdings, and 10% of Haizhou City Commercial Bank and 10% of Jianye City Commercial Bank, all of which have constituted a huge Kumho system.
Jiang Wei is one of the participants and lucky ones who have watched Kumho grow from beginning to end, and like many high-level people, she knows in her heart that Kumho is Kumho owned by Zhang Ke alone.
Such a young man who is not yet 20 years old holds an economic empire that can influence the economic pattern of one side -- the economic strength under the names of the United Ye family, Xie Wanqing, Sun Shangyi, and others, and even if he is barely called an economic empire, he also has the atmosphere of a future chaebol.
Kumho is still expanding -- at this time, the Oak Park Project is trying its best to start the Oak Park Plan, which is to make technical and human resource preparations for the next big expansion, and no one can accurately predict the scale of Kumho's future growth at this time.
No matter who it is, in Zhang Ke's position, he will feel lost for the future road, right?
Jiang Wei can understand why Zhang Ke is hiding between the campuses at this time. Zhang Ke walked to the front of the stage, which would probably make the Chinese people and the vast majority of members of the Kumho system feel extremely confused; It is better to hide on campus and meditate on the future direction of Kumho, no matter what, he is the soul of Kumho and leads the direction of Kumho's future.