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After seeing off the excited Wang Huiyang, the office fell silent again.
Wang Yaocheng, who was in a good mood, turned on the music, and the melodious selection of the violin "The Butterfly Lovers" flowed out like water, nourishing the heart that lacked music and bringing wonderful enjoyment.
In the past 2001, the consortium has made great progress.
The Carrefour supermarket chain has grown to 208 hypermarkets and more than 1,100 urban center stores. The large-scale expansion has come to an end, and it has begun to contribute good revenue. The annual net profit reached 3.78 billion US dollars.
?The foundry business of Changjiang Technology Group continued to develop, the number of employees reached one million, and the foreign exchange earned through exports continued to grow.
The development of its Dell brand is in full swing and has become a pillar of profit contribution. The group's annual profit reached 6.28 billion US dollars, a thriving scene.
Geli Group has grown rapidly in the fierce competition. It has introduced a number of internationally advanced household appliance production lines, refined and extended its product lines, and become a well-known household appliance manufacturer with strong international competitiveness.
? Through the multi-brand strategy, Geli, Sanyo, and Thomson have launched three arrows together to conquer cities in Europe, America and the world market, and the sales situation is very good.
2001
The annual sales volume reached 38.2 billion US dollars. While fighting the price war, it still achieved a profit of 2.45 billion US dollars, which is really commendable.
? Yellow River Science and Technology Group has also made significant progress;
Two production lines of the fifth-generation large-scale LCD display representing the world's advanced level have been put into production successively, and the sixth-generation advanced production line is actively planned and has entered the concrete implementation stage.
Estimated
year 2002
The total investment scale of the two advanced sixth-generation LCD production lines under construction may exceed 15 billion US dollars, which is definitely a huge sum of money.
This is still in the case of extremely low land, hydropower, and labor costs in the mainland, and more than 80% of the investment is equipment.
Needless to say about profits, if the profits obtained by its Pacific Home Appliances Chain Company and Panda Electronics are invested, the Yellow River Technology Group still loses 370 million US dollars as a whole.
Huanghe Science and Technology Group's unconventional development is at the cost of a debt of up to 25.5 billion U.S. dollars. It is not bad to be able to produce such a result.
The liquid crystal display industry is also a high-risk, high-investment, high-tech threshold, and narrow-caliber industry. There are not many companies that can accommodate the world market.
An advanced production line costs billions of dollars, and the depreciation of the equipment must be completed within one and a half years, and no more than two years at most.
what does that mean?
?It means that the capital must be paid back within one and a half years. If the time is delayed a little longer, it may form a heavy debt burden and delay the development and growth of the enterprise.
The speed of development of the electronics industry is so fast that it lifts off like a rocket.
The production line of LCD screen has changed three generations in just five years, from the third generation production line in 1996 to the fifth generation production line in 2001, and the sixth generation planned in 2002. The speed is dizzying. .
Where is the time for you to pay back your money slowly?
As a leading company in the entire industry, Huanghe Technology Group is still like this, and other LCD panel companies can imagine how miserable it is.
?Japanese-funded panel companies as a whole are still at the third-generation level, and none of the high-generation LCD panel production lines has been put into production.
It seems that the Japanese capital has adopted an overall strategic contraction measure, and the direction of technology output is oriented to Taiwan Island.
Among Korean manufacturers;
Samsung has two fourth-generation production lines, and is unable to invest in the next-generation LCD screen production line. The large-scale LCD screens required by the company have already been imported from LG and Taiwanese companies, and the gap in capacity in this area has become larger.
LG Group has two fourth-generation production lines. After a joint venture with Philips of the Netherlands, it invested in a fifth-generation production line, which is now close to production.
Most of the Taiwan-funded manufacturers have fourth-generation lines. Chunghwa Picture Tubes and AU Optronics have invested in fifth-generation lines with the support of Japanese capital. They are expected to be completed and put into production by the end of 2002.
In the field of competition among world LCD screen manufacturers, generally speaking, they all lag behind the level of the first to second generation of the Yellow River Technology Group, and now it depends on who will fall first.
Wang Yaocheng's goal is to wipe out half of the LCD panel companies, wash the entire market, and achieve the goal of reshuffle as soon as possible.
The market gaps left by these enterprises have been absorbed by the Yellow River Science and Technology Group.
In the remaining time, you can enjoy huge profits with peace of mind.
This abacusIt can be described as a long-lived explosive product in the period of updating every month.
Today
The oppo brand V3 mobile phone is about to be played with flowers, and various personalized modified versions emerge one after another, which not only enriches the product line, but also greatly promotes the sales of mobile phones.
Today, the v3 mobile phone is still the star of the oppo brand, contributing more than 13% of the profit of the entire group.
This phenomenon has attracted great attention from President Yu Chengde;
As a large multinational company, it is absolutely unhealthy for the profit performance of the entire group to rely so much on one popular product.
therefore
The Wireless Communication Division of Atlantic Business Machines is planning to launch three blockbuster products to replace the best-selling V3 mobile phone market and continue to bring stable revenue to the group.
in summary
In the past 2001, excluding the large expenditures of corporate mergers and acquisitions, the cash pool of the consortium has grown steadily to a scale of 42 billion US dollars, and the overall financial situation is healthy and orderly.
The first fiscal quarter of 2002 is coming to an end, and consortium companies will still contribute revenue.
By the second half of the year, the cash pool of the consortium can grow steadily to a scale of 70 billion US dollars, which is enough to handle a large-scale cross-border merger and acquisition.
In Wang Yaocheng's view;
? Mergers and acquisitions of US-funded telecommunications companies do not require a wholly-owned holding, and it is actually impossible due to the sensitivity of the industry.
In the early stage, as long as you control a simple majority, the scale of M&A investment will not be large.
In the later stage, by gradually expanding investment in fixed facilities and optical fiber cables, we will gradually control the absolute controlling stake and completely bring it under our command.
The best solution is Try not to touch the sensitive nerves of the Americans, and complete the integration quietly.
Enter the village quietly, don't shoot. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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