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Chapter 295 Countercyclical Expansion

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    In addition, Royal Family Fund's big cash cows contributed a lot;

    The main contributor to revenue is the Carrefour supermarket chain. In the third and fourth fiscal quarters of 1996, plus the first and second fiscal quarters of 1997, 108 Carrefour supermarket chain hypermarkets contributed 35.2 billion net profits, totaling 4.046 billion US dollars  .

    In the first and second fiscal quarters of 1997, Atlantic Electronics Wafer Technology Co., Ltd. fully exploded its production capacity, contributing a net profit of 2.95 billion US dollars in a good market.

    With a gross profit margin of 67%, it is the company with the highest profit, which is even more cost-effective than printing money.

    ?The remaining part is jointly contributed by Gree Electric Group, Pacific Appliance Chain Store, Cathay Pacific Airways, Swire Pacific, Pacific Electronic Computer and other companies.

    With the Yellow River Technology Group located in Shenzhen, the Atlantic Industrial Park has gradually put into production, and the production capacity has begun to explode. The revenue in the second half of the year is even more worth looking forward to.

    Before the end of the year, the royal family fund has other large income;

    In late June, Yahoo Search will officially land on the Nasdaq market, which is a full year and a half later than the original history.

    It's the harvest season again, the animals on the grassland

    hehe!

    at the same time

    Taking advantage of the opportunity of Quanmi and fund managers from Europe and Fuso to gather together, Bingyangyang Holdings promoted the A-round financing of Athlon Microprocessor Company, the B-round financing of video oil pipe company, and the B-round financing of Gallery Company, and made another round of financing  .

    In late June, Wang Yaocheng had to fly to the United States to build a town in person, and the feeling of counting money was so cool.

    The European and American markets are really rich and promising.

    The huge cash flow of US$32 billion accumulated by Royal Family Fund will support the company's next round of crazy mergers and acquisitions expansion, just like when the track started, everything is ready.

    While expanding in an all-round way, there is another goal that must be achieved;

    In the counter-cyclical operation of the Samsung road, the main rival Samsung Group was dealt a heavy blow, forcing them to admit their losses.

    In order to achieve this goal, the Atlantic Electronics Wafer Technology Company and the Yellow River Technology Company, two of its subsidiaries, must have the consciousness of suffering heavy losses, and they must be of the kind of blood loss.

    Otherwise, Han Bangzi, who has always been tough, will never bow his head, let alone leave the world's lucrative memory chip and LCD screen markets.

    The Royal Family Fund has not launched a follow-up 8-inch fab investment plan for this purpose;

    At least one of the opponent's legs must be interrupted, so as to miss the development opportunity and fail to keep up with the world's ever-changing electronic technology development trend.

    One step behind, one step behind.

    The latest economic intelligence shows;

    Samsung Group seems to have noticed the economic overheating in Southeast Asia. Their tentacles in the European and American economic fields cannot fail to detect the secret activities of global speculative funds, and they have a targeted layout for this.

    A most remarkable proof;

    end of may

    Samsung Electronics issued two eight-inch fab equipment investment contracts to Texas Instruments, and retained two eight-inch fab priority purchase contracts. The planned production capacity will be put into the world market in early 1998.

    At the same time, in early June

    Samsung Electronics Corporation issued two third-generation LCD production line equipment investment contracts to Panasonic Corporation. It does not rule out the possibility of additional production lines and intends to rapidly expand production capacity. The planned production capacity will be put into the world market in mid-1998.

    If the enemy does not move, I will not move. If the enemy moves, I will move first.

    Based on;

    Royal Family Fund has started the civil construction of the m2 factory in Mingzhu City, and the s2 and s3 factories in Shenzhen City. The second phase of the liquid crystal production line of the Yellow River Technology Group is under construction and is expected to be completed in the spring of 1998.

    The factory buildings are all ready, just wait for the production line equipment to move in, which saves half a year for the construction of factory buildings and facilities.

    Over the past two years,

    ?While South Korea, Taiwan and domestic chip manufacturers are making huge profits, major Japanese-funded manufacturers can only maintain a small profit because the production cost is too high due to the exchange rate.

    Once the financial crisis hits and product prices drop sharply, there will not be one or two eight-inch fabs that will close down, and there will be many Japanese-funded manufacturers that will withdraw from the field of LCD production.

    There is no rush to order the equipment at all, there will be plenty of them at that time.

    It is inevitable that the more production capacity is accumulated in the cruel "counter-cyclical" competition, the greater the losses will be.

    Wang Yaocheng has already prepared. In this counter-cyclical cruel competition, Samsung Electronics will be bloodbathed, even if he loses blood, he will not fall down.

    He is veryInteresting to see, how much blood will the Han Bangzi government transfuse?

    Royal Family Funds were all dormant in 1997. While improving their own governance and cultivating echelon talents, the companies under their command fully exploded the market capabilities accumulated over the years and obtained rich market returns.

    One of the few acquisitions came from the Crown family in Chicago.

    In March, an unknown company acquired a 4.5% stake in HSBC pledged by the Crown family from the Chicago State Bank at a cost of US$627 million, a 17% premium to the market price.

    Think back to the beginning, the Crown family acquired this part of the equity with 2.6 billion US dollars, and this equity transaction lost 1.97 billion US dollars.

    Chicago State Bank had to sell, because the interest was hundreds of millions of dollars a year, and I don't know when HSBC will become a white swan again. If you continue to hold it, you will only lose more. It is wise to stop the loss in time.

    What's more, meat cutting is a matter for the Kron family, and the Chicago State Bank is only responsible for minimizing losses and being responsible for the bank's shareholders.

    The bank also has twelve long-established joint meat processing companies pledged by the Crown family, real estate in Chicago and New York, land with an area of ??millions of hectares, antiques, calligraphy and paintings, and various high-value assets.

    All in all, in addition to getting back the principal, there is still a small gain, and at least half of the interest can be recovered. How the Kron family died has nothing to do with the bank, and they must be responsible for their own decisions.

    ? as an addition to the transaction;

    This unknown and mysterious company invested 56 million U.S. dollars to buy some good real estate properties of the Crown family in New York and Chicago, and a large number of European, American and Chinese antique calligraphy and paintings, and the transaction price was only half to one third of the usual price.

    ? The fixed assets include a whole floor of high-rise properties near Central Park in New York, three high-end apartments in the uptown area, Roseville Building in Chicago, and a high-end villa by the lake.

    Another big deal is the purchase of 26 Il-76 aircraft by Cathay Pacific Airways, which was recently implemented, with a transaction price of 360 million US dollars.

    ?From the bottom of his heart, Wang Yaocheng intends to transfer it to domestic use in the future, but this idea cannot be said, and he must find a suitable transfer company to take over, so as to clean up his suspicion.

    The important document that needs to be processed in the near future is the merger and acquisition case from Cisco, which is currently a bright spot of the consortium's companies and needs key support.

    ? After the acquisition of Cisco, Mr. Chambers made frequent moves, and successively spent 2.21 billion US dollars to acquire seven companies to expand Cisco's advantages in the network equipment market.

    And it has accumulated enough patents. Currently, there are 1,722 items in the field of communication equipment, forming sufficient patent barriers.

    At the same time, the Atlantic Science and Technology Industrial Park in Shenzhen has specially designated a large area, and the Changjiang Technology Group invested in the construction of workshops and production lines, which are specially used in the production of large-scale network equipment.

    Now that everything is ready, just wait for the production capacity to explode.  (Remember the site URL: www.hlnovel.com
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