Reborn Entrepreneurial Giant
Chapter 930 Star Headquarters
Time passes very quickly. As the United States imposes increasing restrictions on Juhua, domestic enthusiasm for "independent and controllable" is rising, and capital is increasing investment in semiconductors. Honor and Time Jumei are all trying to find ways to avoid risks.
Qu Li's idea is to issue more corporate bonds and accumulate more cash. This is not to avoid paying back the money, which is impossible. The key is that the cost of borrowing is extremely low under the background of the Federal Reserve's 0 interest rate. But in one or two years, interest rates will rise, with deposit rates exceeding 5%, and borrowing rates now only around 3%.
The world is like this. Once an advantage is established, it will snowball like a snowball. The long-term capital cost of Time Jumei is even lower than that of state-owned enterprises. As long as the direction is correct, it is almost impossible to fail.
Qu Li continued to cash out more than one billion US dollars from Glory and Time Jumei, and replenished the Star Fund to prepare for going abroad to do charity activities. The other is to strengthen the confidence of Galaxy Power.
There were two rocket launches this year. One was the six-engine Suzaku 3, which was successful; the other was the Suzaku 4, which had no recyclable mode and failed to launch again.
Opinions on the decline of Galaxy Power have suddenly become louder. Many people are questioning Qu Li’s ambitions. The company will surpass the domestic mainstream Long March 5 within a few years of its establishment. A lot of people are saying that Falcon 9 is far ahead.
Some people questioned domestic technology, and some even ridiculed Qu Li: A junior high school student actually wanted to build a rocket. It was so whimsical that he forgot about it...
Some people on the domestic Internet ridiculed him. A foreign reporter asked Sichuan Bao if he wanted to sanction Qu Li's Galaxy Power. He also laughed at him, saying, "There is too much money and there is no place to burn it." "I will not let him succeed!" He gave it to him without hesitation. Galaxy Power has a big competition.
In the past, some software could no longer be used, chip development and manufacturing could be carried out domestically, and some electronic components had domestic substitutions. In general, Sichuan Baby's impact on Galaxy Power was moderate, but not huge.
The biggest impact is on people's hearts. Not everyone has Qu Li's patience and determination. Some people can't hold on and want to leave, while others want to join another company. Because Qu Li has decided to make Galaxy Power a social enterprise not for profit. In other words, their income will be greatly affected and they will lose the possibility of becoming wealthy.
It’s not that Galaxy Power’s wages and benefits will be lowered to the level of state-owned enterprises, but it will be much lower than those of leading companies such as Time Jumei and Glory.
Therefore, the rocket launch failed this time, and the personnel flow of Galaxy Power suddenly increased. Many private companies came to recruit people from them. As a result, Qu Li had no energy to troll people online and stayed in the company to maintain stability.
The first thing to do is to strengthen his confidence. Qu Li cashed out more than one billion US dollars again just to express his determination. Some people who leave may be pursuing a better future, or they may not be very clean themselves; those who stay may be people with ideals, or they may be afraid of risks and seek stability. Qu Li doesn’t want to give people any characterization, he just wants to put things into perspective. Do it well.
But his behavior of cashing out from U.S. stocks still angered the American people, who thought that he was hollowing out the United States, which was not easy to argue with. This year coincides with the general election in the United States, so various voices against him have emerged one after another. Some congressmen even want to confiscate his property.
Domestic netizens thought it was shares in Time Jumei and Glory, but they were actually talking about Tianming Fund’s U.S. stock investment, which was Qu Li’s private wealth.
Although the various rules of Fanxing Fund have not been released and the financial affairs have not been disclosed, even Americans think that he is serious and really wants to do charity. His idea of being a social enterprise has received a lot of recognition in contacts.
In other words, some people are not afraid that he will go back on his word. Once Qu Li goes back on his public promises, it will be a global "social death" and he can only become a black-hearted capitalist with a completely lost reputation. The praise he now receives will be returned twice as much.
If he had a choice, it would be impossible for Qu Li to let his private output go unexpected. The United Group has banks, securities firms, insurance companies, and fund companies in Hong Kong. Therefore, Qu Li, who is insecure and has a strong sense of worry, has never lacked backup options.
However, in order to resolve the misunderstandings between European and American society about Fanxing Fund and him, Qu Li finally decided to make Fanxing Fund more formal and moved both the fund headquarters and the headquarters of the research institute to Shanghai.
Of the three major economic circles in the country, Guangdong, Hong Kong and Macao are the most dynamic, not only economically but also politically; Beijin is undoubtedly the political leader; needless to say, Shanghai and Shanghai have economic priority but are the most complicated.
Qu Li has never made a big investment in Magic City. Geometry's factories are all built in Ningbo. He must have opinions about this city. What he can give to Tesla cannot be given to Geometry. This is not unrelated to the conflict between SAIC and Qiancheng Geometry, but what does that have to do with him.
Fanxing Fund must have made a noise before moving. After receiving the signal, the boss of the Magic City government finally lowered his profile and contacted him proactively. It's not because Qu Li is rich, oh, that's impossible. The most important thing is that he often creates miracles.
Qu Li is the only entrepreneur in the world who has founded three Fortune 500 companies alive. Not only that, he has achieved everything he has now as a junior high school student. He did not rely on privileges or monopoly resources. He has built several world-renowned brands with the courage to move forward.
The upper echelons of the country generally have a positive view of him, but some think he is too stubborn and has a stubbornness that will not give up until he achieves his goals. For example, Jumei went to the United States to set up a branch before it went public. Although Shopee's business development is better than that in China, he insists on focusing on domestic business, building his own logistics and building his own brand despite everyone's opposition.
There are too many similar cases, including mobile phones, cars, rockets, and Quli now wants to develop satellite Internet. This year, Zhuque 3 succeeded in killing three stars and sent three Internet satellites into the sky.
The satellite company owned by Qiancheng Geometry has applied for a plan to form a "Nebula" network with 5,000 low-Earth orbit satellites. This can be done. You can launch satellites to provide services to enterprises, but what is not allowed in China is providing telecommunications services to individuals. Qu Li dared to launch 5,000 satellites, and he was sure that the country would become more and more open, rather than becoming closed.
Where should such an emerging industry settle? Quli is prioritized in Jiangsu, Zhejiang and Shanghai, followed by the Chengdu-Chongqing metropolitan area. The logic behind it is self-evident. His status in Beijin, Guangdong Province, and Huxiang cannot be improved, so he has to make more places favor his career.
According to research by an organization: the total investment in domestic satellite manufacturing, launch and ground equipment will reach approximately 170 billion yuan in 2027, and the satellite operation market will reach approximately 700 billion yuan. This does not include plans to land on the moon or Mars.
The city's enthusiasm for Qu Li does not stop there. Oasis Ecological Agriculture Company, a subsidiary of Fanxing Fund, has long been famous. Oasis Biopharmaceutical Company's plague prevention vaccine has become more famous as animal experiments have ended and clinical trials have begun. .
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