Chapter 996 The Sincerity of the Sumitomo Family 1

The future patriarch of the Sumitomo family came to Xiangjiang this time not only to attend the funeral of Mr. Dong Haoyun. There is another very important reason, which is to inspect the Xiangjiang market and meet with Bao Zixuan of Heiyun Group.

Therefore, before coming over, Sumitomo Takeshi had already greeted Bao Zixuan, and his father wanted to meet him. Although he was very dissatisfied with this man who was younger than himself and could already talk to his grandfather on an equal footing. But even if you are not convinced, you have to endure it. Even my father has to use the word "visit". There is really some inequality between him and others.

But where is his strength and achievements, people have to admire him at this point.

The Sumitomo family came to Xiangjiang and after attending Mr. Dong's funeral, they wanted to see him. They must have something to discuss. Bao Zixuan did not refuse the request for a meeting; wherever the strength and heritage of the Sumitomo family lies, the face must be given.

Here I have to mention the composition of the lifeblood of Japan's economy. In this era, Chinese people are not yet so knowledgeable about well-known Japanese companies; Sony, Toshiba, Panasonic, Toyota, Honda and other companies may be more famous. But these companies are really nothing in Japan. At most, it is only part of a consortium, and it is even difficult to control its own destiny.

The four conglomerates of Mitsui, Mitsubishi, Sumitomo, and Yasuda, centered on family chaebols, were the earliest monopoly consortiums formed in Japan. Today, six major monopoly consortiums, including Mitsubishi, Mitsui, Sumitomo, Fuji (Hibiscus), Sanwa, and Daiichi Banking Corporation, control Japan's economic lifeline and control a large number of Japanese companies.

No matter how you calculate it, the Sumitomo family is considered a prominent family in Japan, a business family with a century-old history.

After Japan's defeat, various chaebols disbanded and reorganized into corporate groups under U.S. restrictions. With the disintegration of the consortium after the war, Sumitomo's companies have also embarked on their own independent paths, and the Sumitomo family's influence in Japan's political economy has also been greatly weakened.

However, with the recovery of Japan's economy after the war, the Sumitomo Foundation made a comeback and grew stronger day by day. Playing a role in different business fields, since then, Sumitomo Trading Co., Ltd. has participated more extensively in international trading activities in the fields of metals, machinery, petroleum, chemicals, food and textiles, becoming the core enterprise of the Sumitomo Foundation and one of Japan's four major trading companies. One of the businessmen.

Sumitomo Masatomo's "Monju-in Order" has been passed down from generation to generation as Sumitomo's corporate spirit. At present, Sumitomo Group has become one of the few corporate groups in Japan; many of its companies have entered the ranks of the world's top 500 companies.

The core systems of the Sumitomo Group are known as the "Three Sumitomo Companies": Sumitomo Bank, Sumitomo Metal Industries, and Sumitomo Chemical. Among them, Sumitomo Bank has the highest status. Sumitomo Bank ranks among the top urban banks in terms of both capital capacity and income.

But what Bao Zixuan values ​​​​the most is Sumitomo Chemical, especially in the field of photoresist, which can be said to have a dominant position. Even having absolute pricing power is the core of future development.

As for banking business, as long as funds allow and modernization is carried out, I believe Heiyun Bank will not be worse than other banks. However, the chemical industry needs to proceed step by step, and there are no shortcuts in scientific research.

At present, Bao Zixuan has almost exhausted all the knowledge he can use. At most, it is better than competitors in terms of vision or control of future development. But in basic scientific research, if you want to surpass or overwhelm, you must continue to invest.

Accompanied by Takeshi Sumitomo; his father, who is also the future patriarch of the Sumitomo family and is currently the chairman of Sumitomo Bank, Ichiro Sumitomo, came to the headquarters of Black Cloud Bank.

On the way to the New Territories, I saw construction vehicles constantly entering. Before coming to Heiyun Bank, I saw many people already busy; workers were building houses and roads in the distance.

Sumitomo Ichiro said to his son: "I had only heard that Bao Zixuan was building a very large Black Cloud Town in the New Territories. Today I saw it with my own eyes and realized that what I said was true. Even the Sumitomo family did not dare to invest in such a huge project at once. .”

This young man is either crazy or has absolute confidence. Obviously the latter is more likely.

I have been coming to Xiangjiang for a while, and I have seen with my own eyes the speed of infrastructure construction of Heiyun Group. Japan is a country prone to many earthquakes and tsunamis, and some places really dare not build like Xiangjiang. Japan's domestic construction efficiency is definitely not low, but compared with Heiyun Town, it's really not even close. You can see obvious changes every time you come here, which is Sumitomo Takeshi's true thoughts.

Takeshi Sumitomo: "The construction speed here is very fast, unimaginably fast. And the workers from China mainland rarely take a break. They are definitely the most hard-working people in the world. Is the family considering investing in and building factories in China mainland?"

"But one thing has never been understood; fast construction means increased construction costs. Why does Bao Zixuan do this? Normal people would never do this."

Sumitomo Ichiro was very pleased to hear his son talk about investing in China. It proves that this kid is thinking carefully about the problem and can see the essence of things, which is very rare.

As long as you don't make serious mistakes, becoming a clan leader is basically not a big problem. After becoming a clan leader, the next generation must be assessed. Although everyone is treated equally, everyone has subjective initiative and will inevitably have tendencies and selfish motives.

Sumitomo Ichiro: "I couldn't understand it before, and it wasn't until Mr. Dong passed away that I figured it out. Bao Zixuan is different from us. He is a member of the first generation; he really wants to finish everything while he is alive, so that future generations will It’s a lot easier.”

"And it can leave a deep mark on the family, at least an existence that cannot be surpassed by future generations."

"Mr. Dong Haoyun also increased investment during his lifetime and wanted to complete the industrial layout. The two people have the same idea, that is, they want to take advantage of the limited time to complete everything they can."

"The construction progress is fast and it only costs a little more money; for Bao Zixuan, this is the smallest problem. If it can be completed as quickly as possible, then it can free up time and manpower; to do other things, this is what he wants purpose achieved.”

"In addition, you said that in China, the family is indeed considering it. At present, China is also actively inviting people, and the family is ready to invest there. If you are interested, you can check it out in advance. The scale of the family's investment in China will not be small. After all, it has a vast territory and a large population. There are many. The development potential is greater than that of Xiangjiang or even Japan."

When his father asked him to investigate the Chinese mainland market, Sumitomo Takeshi immediately understood what he meant. The family's past investment in Mainland China has been a certainty and will basically not change. Moreover, the investment scale will be huge; there are no good opportunities in Japan. Grandpa is still here, and father has just gained some real power.

There are too many elders in the family, and it is difficult for a junior like him to get ahead. I came to Xiangjiang just to carve out a niche for myself. Although I achieved certain results in the early stage, these results could become a landmine at any time.

The current outstanding performance of Sumitomo Bank Xiangjiang Branch is because it has undertaken a lot of business from Heiyun Group. Heiyun Group not only cooperates with Sumitomo Bank, but also owns a bank. In addition, the other party also has very close cooperation with Mitsubishi Bank in Japan, and the relationship is even better.

In other words, the cooperation between Heiyun Group and Sumitomo Bank may be terminated at any time. If once the Heiyun Group is lost as a customer, Sumitomo Bank's performance in Hong Kong will not be outstanding at all.

Takeshi Sumitomo felt like he was in the mirror, but he didn't know what was going on with his father. Otherwise, the future patriarch of a 400-year-old family would take the initiative to visit a young businessman, and this businessman does not have any background.

But having said that, heroes don’t ask where they come from. The British royal family is stronger than the Sumitomo family in terms of status and status, but they will still give Bao Zixuan due respect. Maybe this is strength!

Since the development of Xiangjiang is limited, then Huaxia Continent may have been a breakthrough in the past.

Takeshi Sumitomo: "I have been studying Heiyun Group's investment in mainland China recently, and I am also analyzing China's future development. I feel that developing industry in China and investing in the real estate industry will be a good choice."

"Although Heiyun Group has not entered the real estate field, Bao Zixuan's Hutchison Whampoa Company has been engaged in real estate development. Bao Zixuan himself has purchased a lot of real estate in Kyoto and Shanghai, China, and the scale is no smaller than the investment in Japan. It’s just that China’s land prices and housing prices are relatively low, so that’s not reflected.”

Sumitomo Ichiro was very pleased to hear his son's analysis; it seemed that his son was gradually maturing. If we can continue to develop according to this momentum, maybe we can really take over from ourselves.