The Industrial Giant Reborn.
Chapter 588 The future home appliance giant: Haier
"This is, from Shanghai to Hankou?" Director Xin was shocked. This length is not much shorter than that from Yanjing to Shanghai.The most important thing is that this is an important section of the most important "One Horizontal" expressway proposed by the country before, connecting many cities in Jiangsu and Anhui provinces.
"Yes, Director Xin also knows that my wife is from Hankou, but it is not suitable for large investments at the moment. However, it is no problem to build a highway. And I am also optimistic about the future economy around Shanghai and investing in Shanghai, Hangzhou and Ningbo. The highway actually serves this purpose," Chen Zhiwen said with a chuckle.
In fact, this is also a small test. The first question is whether such a large project will be done by outsiders in China. You must know that in the history of the mainland, although a lot of overseas capital has been introduced into the expressway field, they were all short-distance expressways, or It is said that it is a branch expressway, that is, in the early 80s, there was really no money, and there was still a lot of debate about investing in expressways in China, so Hu Yingxiang built the Guangdong-Shenzhen Expressway.
Director Xin thought for a while and said: "Sheng Chen, maybe we can discuss other places, but this one is currently very controversial in the country, because the transportation direction of this road is in the same direction as the Yangtze River, and the things that can be walked on the road are also on the Yangtze River. It can be transported, and the cost of water transportation is lower and the transportation capacity is greater. Even trains cannot compare with water transportation, so the speed will be slower.
But along the Yangtze River, there is actually no demand for efficient transportation, at least not very large. Therefore, although there is a plan for this expressway, it is highly controversial. Even if it is built, it will be a little later than other expressways of the same level. Mr. Chen , although we welcome your investment here, highways also need to cooperate with the national economic development plan. "
"Well, that's no problem, but in the future, if this expressway is ready to be built, we will consider cooperation at that time." Chen Zhiwen nodded and said.
In fact, this matter was expected. He had not raised this matter in Shanghai before, that is, because of the existence of Yangtze River water transportation.In this world, there are no man-made roads or railways that can match water transportation in terms of transportation capacity, and even horse racing cannot.This is one of the reasons why the railways in the lower reaches of the Yangtze River are underdeveloped.
When the Yangtze River water transport exists, it is indeed not a wise move to build a highway near it. It is like building a port in a sparsely populated place. Capitalists have money and are willing to invest, but the government will not give permission. With this money, it is better to build a bridge. In fact, there are still many bridges missing on the Yangtze River.
Historically, the Shanghai-Nanjing Expressway, including Jinling City and Shanghai City, was approved much later than the Shanghai-Hangzhou-Ningbo Expressway. It was for this reason that until 90, the economy of the entire Yangtze River Delta developed very rapidly, and water transportation was too time-efficient. It was slow, unable to keep up with economic demand, and only after considering environmental and ecological issues did we start planning highways around the Yangtze River.
"Are there other places that Mr. Chen is not considering?" Director Xin asked again. Since the opening of the Beijing-Tianjin-Tangshan Expressway and the Guangdong-Shenzhen Expressway, it has brought huge improvements to the local economy, directly including a large-scale reduction in transportation costs. Indirectly, it has brought many small factories to life, especially foreign investors. They attach great importance to transportation problems when choosing to invest, especially some large foreign-funded enterprises. If the transportation is not good, people will just pass.
Although there are many highways and people within the central government know that they will definitely make money by investing in the future, but there are too many highways that need to be built, and the finance department simply does not have the ability to raise so much funds on its own.
At the national level, what the central government needs is the indirect benefits brought by expressways, and that is the bulk. It is okay to leave the direct benefits of the expressway itself to outsiders. If it affects the overall economic development for a little toll, then it is lost. Sweet potatoes and sesame seeds.Moreover, large-scale foreign investment can also increase the country’s foreign exchange reserves. Although it will still have to be paid back in the future, at least it will be of great help now.
"Other highways are also possible, but I need to do more research. Director Xin also knows that such an investment can easily reach tens of billions, so I need to be very cautious," Chen Zhiwen said.
Although this kind of expressway can use loans as much as possible, if it is very large or has a large number, it will also require a lot of starting funds. At the same time, the credit line is also a kind of resource. It is consumed too much domestically and is not suitable for other purposes. current maximum benefit.
If you invest in highways in China, you will naturally not lose money in the future, or even make a lot of money. But doing business requires comparison. An ordinary reborn person can definitely make a lot of money by buying a house before 2010, but overall, it is actually not as good as buying a house. Some company stocks, such as Tencent.So what to do depends on the opportunities and choices in different eras.
In the late 80s, there were many opportunities in the global market, such as the upcoming Plaza Accord in Japan, the global stock market crash in 87, Hong Kong's own housing price bull market, and even Southeast Asia also had many opportunities. Therefore, in comparison, large-scale infrastructure projects in China , that is, only a few expressways are worth investing in. Otherwise, excessive domestic investment will affect other international opportunities.
By the 90s, these major events were over. Although there were other opportunities internationally, I would definitely have more funds, and the domestic market would be more open. That would be the spring for my real large-scale investment.
"Of course. If Chen Sheng is sure, he can contact us at any time, or if he needs some information, he can also come to us at any time." Director Xin nodded and said, he did not doubt anything, this kind of thing should be done, even if the country When it comes to finance, when it is necessary to build a large-scale expressway, you have to think twice and investigate enough data before finalizing it. This process can take several months or even longer no matter what.
Although Chen Zhiwen is known as an extremely wealthy country, in contemporary society, that is to say, a small country is still insufficient compared with a large country. However, a country has too many places to spend money. In terms of pure investment, it may be even more than Don't go to other people's homes.
"Okay." Chen Zhiwen nodded and said. In fact, it doesn't matter even if he starts to make some contacts now. For major investments, three to five years from the first contact to the final start of construction is actually normal. By the early 90s, when he had enough funds, it was not At that time, you should start checking information from scratch, etc. You can at least choose which suitable locations to invest in, as well as various routes, etc. You can definitely discuss it first, so that when the money comes out from the Japanese market, you can invest immediately. .
Besides, the Japanese market is very large and there are a lot of funds in it. Even if he knows the exact time, Chen Zhiwen cannot wait until the end to withdraw the funds. He would rather "earn less" appropriately, and he definitely needs to be one or two years earlier. Gradually retreating, just like in previous years, his funds also entered Japan two or three years in advance, gradually entering, and everything appeared to be normal.
Looking at the map, Director Xin talked about the future domestic transportation plan for a while. Chen Zhiwen also listened carefully. Although they were all plans, they were basically not very different from those of later generations. After all, the cities where people lived were basically the same. These are the cities currently selected by the ancients after thousands of years of civilization development, which are suitable for large-scale development. Based on these cities, the future highways will basically be developed.
Afterwards, several people came to a conference room upstairs. After making tea himself, Director Xin said: "Mr. Chen, I invite you here this time to formally inform you that the construction project of the Shanghai-Hangzhou-Ningbo Expressway has been approved. With the permission of the central government, your company can explore issues such as funding, operations, and routes with local governments.”
"Okay, thank you. I will also arrange for this project to be finalized as soon as possible and strive to start construction as soon as possible." Chen Zhiwen said with a smile.It was expected that the central government agreed to start the project. Around 85, there was a shortage of domestic foreign exchange. Even in this life, with Chen Zhiwen’s massive investment, as well as a large number of companies that can export to earn foreign exchange and orders from Galaxy Trade, the needs of the entire country can be It is said that it is still not enough to alleviate the problem of foreign exchange shortage. On the surface, the national foreign exchange reserves are only a few billion US dollars, but this is only a surplus, similar to the working capital of enterprises. In fact, domestic import and export trade is as high as tens of billions. USD.
To solve this problem, we can only wait until the country's economy has developed to a certain level, a large number of factories have been established, and exports have begun to earn foreign exchange. Although each one is very small, the elephant will be killed if there are too many ants.
The investment in the expressway itself can bring in foreign exchange, and the location is in a coastal area. Once completed, it will facilitate exports. It is also a feeder expressway. Under normal circumstances, the government will agree.
However, the current agreement is only for the project itself. Just like Hong Kong Disney, after various subsequent details are confirmed, they still need to be reviewed and approved by the central government.
"With the Beijing-Tianjin-Tangshan Expressway in front, I think the cooperation between Shanghai, Hangzhou and Ningbo will be smoother." Director Xin laughed and said that this project was successfully promoted. For them, not only did they have an extra expressway, they could also benefit from it. Obtaining a large amount of tax revenue, as already mentioned above, is the tax revenue generated by the Ministry of Transport. These tax revenues will also be allocated to the Ministry of Transport. Even part of the foreign exchange revenue will be used to purchase large overseas equipment to facilitate the Ministry of Transport in Plans for digging holes in mountains in some special places.
"I hope so." Chen Zhiwen nodded and said.
After the business was over, they chatted casually about some interesting things about the domestic and foreign economy, as well as some transportation situations. Chen Zhiwen also provided some opinions based on his own opinions, but I don't know if they were useful.
In the afternoon, Chen Zhiwen said goodbye and left. Although he knew earlier that the Shanghai-Hangzhou-Ningbo Expressway project was not a big problem, once the matter was confirmed, it was settled. As for the subsequent approval, there would definitely be no problem. , the first is to imitate the Beijing-Tianjin-Tangshan Expressway, which has already been exceeded. The second is that the follow-up will only be economic negotiations, which is harmless. Sooner or later, a future balance will be found.
……
The next day, Chen Zhiwen had just finished breakfast and lunch at his old man’s five-star hotel. An assistant came to him, handed over a piece of information, and said: "Sheng Chen, this is the Qingdao City, Shandong Province you want." All the information on Haier Electrical Appliances, and an original newspaper report about Haier factory workers smashing 76 refrigerators."
"Okay, it's pretty fast. Thank you for your hard work." Chen Zhiwen nodded and said, then took the information and read it carefully.
Infrastructure is only a part of investment in the mainland. Although it looks large in scale, the initial investment is very large, even after leveraging loans. However, investing in some of the most promising future giant companies anywhere is the rate of return on profits. Highest.
When Chen Zhiwen first started his business 10 years ago, even if funds were tight, he still had to buy a large amount when Wal-Mart's stock price was low, thereby laying the foundation for the expansion of Galaxy Trading. Today, Wal-Mart's stock has doubled Not only ten times, but in the past ten years, due to the characteristics of their high-quality assets, Chen Zhiwen can also use them as collateral to cash out more funds.
However, in the United States in the 70s, there were too few such golden investment opportunities. In the 80s, there would be future electronic technology company giants, such as Microsoft, Cisco, Dell, etc. But in the mainland today, there are too many such opportunities. Now, there are giant companies of the future everywhere.
Of course, the premise is that you need to know which famous people are there. Although Chen Zhiwen also traveled through time from later generations, he does not have a Forbes ranking in his mind. Therefore, he does not know most of the future domestic giants, but as for those later generations The most famous ones are enough.
Haier is officially one of them. After all, Chen Zhiwen watched the cartoon "Haier Brothers" when he was a child. After working, he also bought Haier appliances, so he has a deep memory.
At its peak, it was once the world's number one home appliance giant. Even if it fell slightly behind, it has remained in the top five in the world.
Although today, due to its own existence, especially its direct participation in the household appliance industry, it will have an uncontrollable impact on the entire history, but no matter how powerful Midea Group is in the future, it will not be able to monopolize the electrical appliance market. This is impossible. Therefore, instead of having other uncontrollable rivals in the future, it is better to invest in these potential companies now and fund their development, so that even if they become rivals in the future, they will still have their shares, or in other words, after misplaced competition Next, you will indirectly have more market share.
As for whether it can continue to rise as it did in history after being invested by myself?Maybe not, but the probability should not be high. After all, he is a capable person. If he gets stronger support, theoretically speaking, the probability of success will only be higher.
After a while, Chen Zhiwen closed all the documents and said, "Let's make arrangements. We will go to Qingdao City tomorrow morning!"
"Are you going in person?" The assistant was a little surprised. The boss paid attention to such a company, maybe because of the "smashing the refrigerator" thing, and now he actually wants to go in person?
"Yes, let's make arrangements." Chen Zhiwen said. (End of chapter)
"Yes, Director Xin also knows that my wife is from Hankou, but it is not suitable for large investments at the moment. However, it is no problem to build a highway. And I am also optimistic about the future economy around Shanghai and investing in Shanghai, Hangzhou and Ningbo. The highway actually serves this purpose," Chen Zhiwen said with a chuckle.
In fact, this is also a small test. The first question is whether such a large project will be done by outsiders in China. You must know that in the history of the mainland, although a lot of overseas capital has been introduced into the expressway field, they were all short-distance expressways, or It is said that it is a branch expressway, that is, in the early 80s, there was really no money, and there was still a lot of debate about investing in expressways in China, so Hu Yingxiang built the Guangdong-Shenzhen Expressway.
Director Xin thought for a while and said: "Sheng Chen, maybe we can discuss other places, but this one is currently very controversial in the country, because the transportation direction of this road is in the same direction as the Yangtze River, and the things that can be walked on the road are also on the Yangtze River. It can be transported, and the cost of water transportation is lower and the transportation capacity is greater. Even trains cannot compare with water transportation, so the speed will be slower.
But along the Yangtze River, there is actually no demand for efficient transportation, at least not very large. Therefore, although there is a plan for this expressway, it is highly controversial. Even if it is built, it will be a little later than other expressways of the same level. Mr. Chen , although we welcome your investment here, highways also need to cooperate with the national economic development plan. "
"Well, that's no problem, but in the future, if this expressway is ready to be built, we will consider cooperation at that time." Chen Zhiwen nodded and said.
In fact, this matter was expected. He had not raised this matter in Shanghai before, that is, because of the existence of Yangtze River water transportation.In this world, there are no man-made roads or railways that can match water transportation in terms of transportation capacity, and even horse racing cannot.This is one of the reasons why the railways in the lower reaches of the Yangtze River are underdeveloped.
When the Yangtze River water transport exists, it is indeed not a wise move to build a highway near it. It is like building a port in a sparsely populated place. Capitalists have money and are willing to invest, but the government will not give permission. With this money, it is better to build a bridge. In fact, there are still many bridges missing on the Yangtze River.
Historically, the Shanghai-Nanjing Expressway, including Jinling City and Shanghai City, was approved much later than the Shanghai-Hangzhou-Ningbo Expressway. It was for this reason that until 90, the economy of the entire Yangtze River Delta developed very rapidly, and water transportation was too time-efficient. It was slow, unable to keep up with economic demand, and only after considering environmental and ecological issues did we start planning highways around the Yangtze River.
"Are there other places that Mr. Chen is not considering?" Director Xin asked again. Since the opening of the Beijing-Tianjin-Tangshan Expressway and the Guangdong-Shenzhen Expressway, it has brought huge improvements to the local economy, directly including a large-scale reduction in transportation costs. Indirectly, it has brought many small factories to life, especially foreign investors. They attach great importance to transportation problems when choosing to invest, especially some large foreign-funded enterprises. If the transportation is not good, people will just pass.
Although there are many highways and people within the central government know that they will definitely make money by investing in the future, but there are too many highways that need to be built, and the finance department simply does not have the ability to raise so much funds on its own.
At the national level, what the central government needs is the indirect benefits brought by expressways, and that is the bulk. It is okay to leave the direct benefits of the expressway itself to outsiders. If it affects the overall economic development for a little toll, then it is lost. Sweet potatoes and sesame seeds.Moreover, large-scale foreign investment can also increase the country’s foreign exchange reserves. Although it will still have to be paid back in the future, at least it will be of great help now.
"Other highways are also possible, but I need to do more research. Director Xin also knows that such an investment can easily reach tens of billions, so I need to be very cautious," Chen Zhiwen said.
Although this kind of expressway can use loans as much as possible, if it is very large or has a large number, it will also require a lot of starting funds. At the same time, the credit line is also a kind of resource. It is consumed too much domestically and is not suitable for other purposes. current maximum benefit.
If you invest in highways in China, you will naturally not lose money in the future, or even make a lot of money. But doing business requires comparison. An ordinary reborn person can definitely make a lot of money by buying a house before 2010, but overall, it is actually not as good as buying a house. Some company stocks, such as Tencent.So what to do depends on the opportunities and choices in different eras.
In the late 80s, there were many opportunities in the global market, such as the upcoming Plaza Accord in Japan, the global stock market crash in 87, Hong Kong's own housing price bull market, and even Southeast Asia also had many opportunities. Therefore, in comparison, large-scale infrastructure projects in China , that is, only a few expressways are worth investing in. Otherwise, excessive domestic investment will affect other international opportunities.
By the 90s, these major events were over. Although there were other opportunities internationally, I would definitely have more funds, and the domestic market would be more open. That would be the spring for my real large-scale investment.
"Of course. If Chen Sheng is sure, he can contact us at any time, or if he needs some information, he can also come to us at any time." Director Xin nodded and said, he did not doubt anything, this kind of thing should be done, even if the country When it comes to finance, when it is necessary to build a large-scale expressway, you have to think twice and investigate enough data before finalizing it. This process can take several months or even longer no matter what.
Although Chen Zhiwen is known as an extremely wealthy country, in contemporary society, that is to say, a small country is still insufficient compared with a large country. However, a country has too many places to spend money. In terms of pure investment, it may be even more than Don't go to other people's homes.
"Okay." Chen Zhiwen nodded and said. In fact, it doesn't matter even if he starts to make some contacts now. For major investments, three to five years from the first contact to the final start of construction is actually normal. By the early 90s, when he had enough funds, it was not At that time, you should start checking information from scratch, etc. You can at least choose which suitable locations to invest in, as well as various routes, etc. You can definitely discuss it first, so that when the money comes out from the Japanese market, you can invest immediately. .
Besides, the Japanese market is very large and there are a lot of funds in it. Even if he knows the exact time, Chen Zhiwen cannot wait until the end to withdraw the funds. He would rather "earn less" appropriately, and he definitely needs to be one or two years earlier. Gradually retreating, just like in previous years, his funds also entered Japan two or three years in advance, gradually entering, and everything appeared to be normal.
Looking at the map, Director Xin talked about the future domestic transportation plan for a while. Chen Zhiwen also listened carefully. Although they were all plans, they were basically not very different from those of later generations. After all, the cities where people lived were basically the same. These are the cities currently selected by the ancients after thousands of years of civilization development, which are suitable for large-scale development. Based on these cities, the future highways will basically be developed.
Afterwards, several people came to a conference room upstairs. After making tea himself, Director Xin said: "Mr. Chen, I invite you here this time to formally inform you that the construction project of the Shanghai-Hangzhou-Ningbo Expressway has been approved. With the permission of the central government, your company can explore issues such as funding, operations, and routes with local governments.”
"Okay, thank you. I will also arrange for this project to be finalized as soon as possible and strive to start construction as soon as possible." Chen Zhiwen said with a smile.It was expected that the central government agreed to start the project. Around 85, there was a shortage of domestic foreign exchange. Even in this life, with Chen Zhiwen’s massive investment, as well as a large number of companies that can export to earn foreign exchange and orders from Galaxy Trade, the needs of the entire country can be It is said that it is still not enough to alleviate the problem of foreign exchange shortage. On the surface, the national foreign exchange reserves are only a few billion US dollars, but this is only a surplus, similar to the working capital of enterprises. In fact, domestic import and export trade is as high as tens of billions. USD.
To solve this problem, we can only wait until the country's economy has developed to a certain level, a large number of factories have been established, and exports have begun to earn foreign exchange. Although each one is very small, the elephant will be killed if there are too many ants.
The investment in the expressway itself can bring in foreign exchange, and the location is in a coastal area. Once completed, it will facilitate exports. It is also a feeder expressway. Under normal circumstances, the government will agree.
However, the current agreement is only for the project itself. Just like Hong Kong Disney, after various subsequent details are confirmed, they still need to be reviewed and approved by the central government.
"With the Beijing-Tianjin-Tangshan Expressway in front, I think the cooperation between Shanghai, Hangzhou and Ningbo will be smoother." Director Xin laughed and said that this project was successfully promoted. For them, not only did they have an extra expressway, they could also benefit from it. Obtaining a large amount of tax revenue, as already mentioned above, is the tax revenue generated by the Ministry of Transport. These tax revenues will also be allocated to the Ministry of Transport. Even part of the foreign exchange revenue will be used to purchase large overseas equipment to facilitate the Ministry of Transport in Plans for digging holes in mountains in some special places.
"I hope so." Chen Zhiwen nodded and said.
After the business was over, they chatted casually about some interesting things about the domestic and foreign economy, as well as some transportation situations. Chen Zhiwen also provided some opinions based on his own opinions, but I don't know if they were useful.
In the afternoon, Chen Zhiwen said goodbye and left. Although he knew earlier that the Shanghai-Hangzhou-Ningbo Expressway project was not a big problem, once the matter was confirmed, it was settled. As for the subsequent approval, there would definitely be no problem. , the first is to imitate the Beijing-Tianjin-Tangshan Expressway, which has already been exceeded. The second is that the follow-up will only be economic negotiations, which is harmless. Sooner or later, a future balance will be found.
……
The next day, Chen Zhiwen had just finished breakfast and lunch at his old man’s five-star hotel. An assistant came to him, handed over a piece of information, and said: "Sheng Chen, this is the Qingdao City, Shandong Province you want." All the information on Haier Electrical Appliances, and an original newspaper report about Haier factory workers smashing 76 refrigerators."
"Okay, it's pretty fast. Thank you for your hard work." Chen Zhiwen nodded and said, then took the information and read it carefully.
Infrastructure is only a part of investment in the mainland. Although it looks large in scale, the initial investment is very large, even after leveraging loans. However, investing in some of the most promising future giant companies anywhere is the rate of return on profits. Highest.
When Chen Zhiwen first started his business 10 years ago, even if funds were tight, he still had to buy a large amount when Wal-Mart's stock price was low, thereby laying the foundation for the expansion of Galaxy Trading. Today, Wal-Mart's stock has doubled Not only ten times, but in the past ten years, due to the characteristics of their high-quality assets, Chen Zhiwen can also use them as collateral to cash out more funds.
However, in the United States in the 70s, there were too few such golden investment opportunities. In the 80s, there would be future electronic technology company giants, such as Microsoft, Cisco, Dell, etc. But in the mainland today, there are too many such opportunities. Now, there are giant companies of the future everywhere.
Of course, the premise is that you need to know which famous people are there. Although Chen Zhiwen also traveled through time from later generations, he does not have a Forbes ranking in his mind. Therefore, he does not know most of the future domestic giants, but as for those later generations The most famous ones are enough.
Haier is officially one of them. After all, Chen Zhiwen watched the cartoon "Haier Brothers" when he was a child. After working, he also bought Haier appliances, so he has a deep memory.
At its peak, it was once the world's number one home appliance giant. Even if it fell slightly behind, it has remained in the top five in the world.
Although today, due to its own existence, especially its direct participation in the household appliance industry, it will have an uncontrollable impact on the entire history, but no matter how powerful Midea Group is in the future, it will not be able to monopolize the electrical appliance market. This is impossible. Therefore, instead of having other uncontrollable rivals in the future, it is better to invest in these potential companies now and fund their development, so that even if they become rivals in the future, they will still have their shares, or in other words, after misplaced competition Next, you will indirectly have more market share.
As for whether it can continue to rise as it did in history after being invested by myself?Maybe not, but the probability should not be high. After all, he is a capable person. If he gets stronger support, theoretically speaking, the probability of success will only be higher.
After a while, Chen Zhiwen closed all the documents and said, "Let's make arrangements. We will go to Qingdao City tomorrow morning!"
"Are you going in person?" The assistant was a little surprised. The boss paid attention to such a company, maybe because of the "smashing the refrigerator" thing, and now he actually wants to go in person?
"Yes, let's make arrangements." Chen Zhiwen said. (End of chapter)
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