Wednesday, October 10.

Hong Kong, Wan Chai, Harcourt Building, Hengjin Investment Headquarters.

Lin Zuhui learned about the cash out of funds: 9.2 billion crude oil futures were cashed out, and there were still 3.5 billion yuan on the account (the current price is 35.2 US dollars per barrel), and 4.8 billion yuan was cashed out of the short Nikkei index, all of which were emptied.

At present, it seems that in another 5 trading days, Lin Zuhui's crude oil and Nikkei index can fully withdraw 18 billion, which greatly exceeds his estimate of 15 billion.

Therefore, after repaying all his personal debts, he will have 20 billion cash injected into the family office, and there will be about 5 billion left (during the period, he spent 1.75 billion yuan on the purchase of 50% of the interests in the two buildings, 1.9 billion rights issues, charity and Xiaomi technology, etc.).

In terms of Hengjin investment: Hengjin Real Estate has more than 10 billion yuan of Xiangjiang rental properties, with an annual net profit of about 500 million yuan (current situation: Wanguo Baotong Center and Central Plaza are under construction), 3.9% of Nike's shares (worth more than 800 million Hong Kong dollars), 2% of Microsoft's shares (worth 1 billion Hong Kong dollars), and 10% of Starbucks (valued at more than 10 million US dollars)

With such a rough calculation, Lin Zuhui is not many times richer than Li Chaoren!

Over the years, Li Chaoren has also invested in many industries in the name of his family, such as part of the equity of Husky Oil, the Vancouver World Expo site project, and the Singapore Suntec City project. Of course, the loan ratio is large.

Lin Zuhui was suddenly a little dissatisfied, what have he done all these years?

What about money?

Soon he figured out that the reason why the New Era Group was developing so fast was because the Lin Zuhui family was giving it a blood transfusion.

Moreover, the asset scale of private, family office, and Hengjin investment is also about 40 billion yuan (excluding shares and other companies), which is quite considerable.

Li Chaoren estimates that it is only half of the level (excluding the company's shares), and it may not even be enough.

Next, family offices and Hengjin Investment will invest in non-leveraged 'low-risk' projects.

If there are any opportunities for venture financial investment, Lin Zuhui only needs to use his own 'small treasury' to make venture capital; as for his small treasury, the main source of funds is the remaining cash flow of about 5 billion yuan this time, the dividends of various companies, and the robes of the chairman of the board of directors of listed companies.

The rent of Hengjin Real Estate will continue to be used for the investment funds of Hengjin Investment.

This time crude oil futures are short, he has already planned to give up, one is that he can't buy it, the other is that it is risky, and the third is that it is difficult to sell.

Besides, he's already made enough money and doesn't want to risk it.

Afternoon.

Lin Zuhui came to the office of the New Era Group, and Liang Zhenxun quickly walked in.

"Boss, crude oil futures have all been closed, 3.06 billion Hong Kong dollars have been withdrawn, and 2.71 billion net profits have been obtained."

It can be seen that Liang Zhenxun is very shocked and excited, and he secretly said in his heart that the boss is simply a god, more powerful than those Wall Street tycoons.

Lin Zuhui nodded, and also thought about it, New Era Group currently has only 10 billion in debt, and there is more than 4 billion cash flow on the account again. The cash flow is very good, and there is no one-time expense for investing in other companies' stocks.

"Put it on the books, it's very necessary to maintain a certain amount of cash flow!"

"Well, from now on, our cash flow will probably be maintained at a certain level!"

Although the New Era Group spends a lot of money, it now has a net profit of more than 300 million yuan per month, which is enough to cope with it; The situation will be better next year, which may reach 500 million in cash net profit per month (on average).

In 1992, New Era Group would not only have low debt, but also high cash flow reserves.

Lin Zuhui asked again: "How many have you discussed about investing in other companies?" ”

Liang Zhenxun said: "The seven companies of Emperor International, Great Wisdom Development, and Zhicheng Hong have all been negotiated, and their shareholdings are all in the range of 6%~8%, and a total of 150 million has been spent!" ”

They are all small companies, but Lin Zuhui knows that often such small companies will increase their market value in the past few years. As for the future prospects, there is no need to worry, Lin Zuhui said that it was a long-term investment, and it is estimated that Liang Zhenxun will be able to cash out all before 1994.

Lin Zuhui said: "Continue to look for the target, strive to buy 1 billion stocks in 3 months, and buy blue chips if you can't do it." ”

Liang Zhenxun said confidently: "Boss, rest assured, our company's shareholding is a signboard for those companies, and everyone is very welcome." ”

Directly issue new shares, and then subscribe, you can buy at parity;

If you buy more than 6% of the shares in the secondary market, the stock price must have risen a lot.

Lin Zuhui nodded, just like when New Era Group invited Zheng Yutong to join, it has the meaning of 'fox fake tiger'.

Of course, such a large-scale stake in these companies by New Era Group has also increased its influence; Tell everyone that New Era Group has the strength to participate in various companies, and its position in Xiangjiang can be seen.

Recently, the Hong Kong media will always report on the telecommunications showdown between New Era Group and Hutchison Whampoa; The two fought from Hong Kong to London, and they were high and low to each other.

Hong Kong: Since March, Times Communications has become one of the three mobile phone companies in Hong Kong after winning the bid for a mobile phone license, and has begun to launch a fierce offensive, and as of October, the number of customers has risen to 28,000, the other two are: Hutchison Communications (68,000 customers), which has been developing for many years, and Hong Kong Telecom (35,000 customers), which has also just won the bid.

London: Times Communications has entered the UK telecommunications industry since early August, acquiring one of the seven national pager companies, the mobile phone license company, and the CT2 second-generation mobile phone license company, and launched a fierce offensive. Hutchison Communications, on the other hand, was developed in London last year, and is still one step ahead of Times Communications.

But Hutchison Communications did not dare to take a peep, and also launched an acquisition in London, winning a company with a CT2 second-generation mobile phone license, preparing to develop second-generation mobile phones.

For a time, two Hong Kong-funded companies set off a boom in investment in telecommunications in London.

Anyone with a discerning eye can see that this investment is a long-term investment, and there is no possibility of profit in the short term.

Lang Shiduo, president of Times Communications, came to Lin Zuhui's office to report on the development of the London telecommunications industry.

Because it is an acquired company, the business can be started immediately.

At present, Hutchison Communications has increased its investment, and they themselves have developed a year ahead of us, and we are relatively backward for a while! However, there is still a very good chance of being promoted to one of the four London mobile carriers. ”

Lin Zuhui pondered that Times Communications UK actually has a lot of business: first-generation mobile phones, CT2 second-generation mobile phones, personal communication networks, Times Paging, Times Mobile Data Communications, Times Trunk Mobile Phones. It's not just paging and mobile phones, after all, mobile phones are also divided into many ways of communication.

However, none of these businesses are actually profitable, and they are also money-losing businesses.

What he really cared about was the development of the digital cellular network business (the technology was expected to be perfected after 1992), which was the business of the 'Orange Company' in his previous life. This business has a larger audience in Europe, and it can be spun off and listed in the future, and if it is done well, it can learn from Huo Jianning in his previous life to 'sell oranges' and make a big profit of 160 billion. That is, to achieve the third largest business in Europe, it is possible to let the boss and the second compete for the ownership of the third.

The sale of this business does not mean that Times Communications has withdrawn from the European market, because it can continue to do telecommunications business, and the impact is not great, because there are many businesses in it.

Of course, the money-losing business in the early stage must be done, which is equivalent to the accumulation of business, technology and channels in the UK!

After listening to Langstow's report, Lin Zuhui said: "In this way, you go to communicate with British Aerospace Company first, and Times Communications intends to exchange shares with them - that is, Times Communications (UK) buys all the rights and interests of their personal communication business, and British Aerospace buys 30% of the interests of our Times Communications (UK); For the price difference, we will compensate in cash! Tell them that we are willing to invest 8~1 billion pounds in the next few years to develop the British mobile telecommunications market according to the proportion of the British Times Communications' shares. ”

Langstoi's eyes lit up, the boss's idea was too good, British Aerospace's personal communication business was slightly behind Dadong Telegraph and British Telecommunications in the United Kingdom, and even Hutchison Communications (United Kingdom) was slightly worse. But if Times Communications (UK) takes over this business, it will immediately be similar to Hutchison Communications, and there will be no more backward talk.

(PS: The personal mobile communication business in this era has a small market itself.) There are only 600,000 pagers and more than 130,000 mobile phones in Xiangjiang, of which there are 6 million people. There are 3.6 million fixed telephones, and they are still growing rapidly. ）

What's more, with a local company joining, it is simply doing business with a shield. And British Aerospace may also agree to this cooperation, because they themselves are lagging behind the other three, and their main business is not this business, and they are reluctant to invest.

But if the two sides cooperate, Times Communications accounts for 70% of the shares, and the proportion of investment is also 70%, if it develops and grows in the future, British Aerospace can also get a piece of the pie, and it will not gradually decline or even disappear this business.

"Okay, I'll leave for England right away!"

Lin Zuhui soothed: "Don't be so anxious, you first let Times Telecom (UK) make a 'big deal' momentum and blow more wind in the media." In this way, British astronautics will see our strength and determination. Then you can contact me again, and I will personally come forward to deal with this cooperation. ”

Lang Shiduo nodded hurriedly and said, "Boss, the command is thoughtful!" ”

Lin Zuhui sighed again: "The telecommunications industry is a bottomless pit, it does not make money, it only invests. If I say why I attach so much importance to it, it is nothing more than optimistic about the future, so we must be ready to fight a 'protracted war'! ”

In the early stage, the United Kingdom and Hong Kong conservatively invested 10 billion Hong Kong dollars in telecommunications, and the investment was so large that it must be sold as 'oranges'.

As far as he knew, British Aerospace's personal communications company, called Rabbit. And the orange subsidiary in the previous life is the subsidiary of the rabbit company.

Of course, since Lin Zuhui knows that kind of business makes money, he will naturally develop this kind of business before Hutchison Communications.

"Well, sooner or later, the prospects for the non-proprietary telecommunications industry (mobile phones) will surpass those of the proprietary telecommunications industry. ”

I guess it's been more than 10 years!