Chapter 1578 Super Huge Cash Flow! Huge Debt!

Xiangjiang is a small place and things can be done very quickly.

Hundreds of companies and wealthy people, in just 5 days, have sorted out the shares they subscribed for, and then the next step is to pay.

Although Xiangjiang's economy has suffered a heavy blow, it does not mean that these rich people have no money in their hands.

On the contrary, they always have a large amount of funds in their hands, but they just dare not use it.

In the middle of last year, the lessons learned by those people who thought that the storm crisis was over and wanted to buy the bottom but ended up on the mountainside have already made these rich people feel disappointed.

Yin Jun's Christmas Creek Mining Area not only functions as an admission ticket, but also plays a role in maintaining and increasing the value of assets.

Everyone who is used to not putting their eggs in the same basket is naturally willing to buy this protection.

As a result, one after another, these funds entered the accounts of Kirin Group through more than 30 banks including HSBC and Standard Chartered Bank.

There are both US dollars and Hong Kong dollars.

If others believe in Yin Jun and the Qilin Group, then Yin Jun will naturally not let them down.

A contract with clear terms had already been drawn up and sent to them.

Kirin Group also used some of its assets in the United States as guarantee to guarantee the shareholders' rights to purchase.

Even if Western Australia's iron ore fails to meet expectations, Kirin Group will use US$31.5 billion as a base to pay losses in accordance with the contract.

Having such a rigorous and guaranteed contract is also an important reason why a large amount of subscription funds were received within a few days.

If you count carefully, Yin Jun's current liquidity may be regarded as the largest private sector in the world.

The first is the revenue from the Hong Kong part of the Kirin Group. The biggest source of this revenue is "Kylin Weekly" and its derivatives. Then, together with Kirin TV, Kirin Records, Kirin Movies, etc., it can earn 2 billion Hong Kong dollars in pre-tax income every month. income.

So far, Kirin Group holds 10 billion Hong Kong dollars.

If we add the RMB 300 million from the monopoly sales of instant noodles, radio cassette players and music tapes in the Mainland, we need to add at least HKD 1 billion a month.

In September last year, in order to support the Hong Kong dollar, Yin Jun exchanged more than 2 billion U.S. dollars in his hands. When the final profit came out, it suddenly became 2.8 billion U.S. dollars. Yin Jun did not touch this money.

Then in October, in order to cope with the acquisition of land and real estate in Xiangjiang, which had hit the bottom this year, Kirin Group began to negotiate with major banks in Asia, and obtained a US$1 billion loan from Pangu Bank and a loan of US$1 billion from Busan Bank. Received a US$1 billion loan and a US$3 billion loan from DBS Bank.

In addition, HSBC has a remaining balance of US$1.5 billion, and Yin Jun has loaned another US$6.5 billion in total.

Today, the combined total of the $6.3 billion in the Christmas Creek mining area is $12.8 billion!

After conversion, Yin Jun actually holds a huge sum of 110 billion Hong Kong dollars!

No, huge sums of money cannot be accurately described.

It should be a huge sum of money!

Think about the fact that the average salary of Hong Kong people has plummeted to 1,800 per month. In the future, Cheung Kong Group, the first company in Hong Kong with a market value to exceed 1 trillion, will only have a market value of 30 billion. You will know what 110 billion Hong Kong dollars represents.

It's just that, of course, it's not that Yin Jun has so much money.

In fact, Yin Jun himself has very little money.

As mentioned earlier, there are US$6.5 billion in loans.

Even before, Yin Jun borrowed US$2 billion from HSBC, US$2.5 billion from Sumitomo Bank, and US$1.6 billion from Mitsui Banking Corporation, which added up to a loan of US$12.6 billion!

For a loan worth US$12.6 billion, the average annual best interest rate is about 5%, and the monthly interest is HK$410 million.

The monthly interest of 410 million is such a scary figure!

If the company's operations do not go smoothly, it will trigger an avalanche-like reaction. The entire Kirin Group will fall apart and become a meal for those banks.

Therefore, if there were no memories of his previous life, Yin Jun would be extremely risky in doing so.

If the bargain-hunting fails and instead it is left on the mountainside, even Yin Jun will not be able to bear the billions and tens of billions of losses.

Le Yiling also knew the danger, but she did not persuade Yin Jun.

Because in her heart, this younger brother is omnipotent. Even if Yin Jun fails, it is not his fault, but the fault of the world.

To put it bluntly, even if Yin Jun goes bankrupt and loses everything, he will have nothing.

Le Yiling is also confident that with Yin Jun's genius mind and his own management experience, he will be able to make a comeback.

This is not a lie.

President Le has been rated as the best president and working emperor in Hong Kong for the second consecutive year. Whether it is communication, management, strategizing, etc., she is outstanding, which is completely inappropriate for her 25-year-old age.

The same goes for Yin Jun.

He came from 42 years later, and even after failing in 2010, he still had ten years left.

In that turbulent era, Yin Jun could rise again by seizing an opportunity.

What if Yin Jun’s future memory has been exhausted...

Ahem, Yin Jun was already 58 years old at that time. He could write a few memoirs about his magnificent life, and he would be able to support his family, right?

Let’s ignore this matter.

Many wealthy people who bought shares in the Christmas Creek mining area are interested in seeing their own share of wealth.

It's not that they don't believe in Yin Jun, but it feels better to see him in person.

So Qilin Group immediately organized a five-day trip to Western Australia for free.

They will stay around Christmas Creek for two days to let them see clearly.

Originally, the Qilin Group had no intention of cheating or cheating. When they saw this, they happened to be the best propagandists.

When the Xiangjiang Regal Western Australia observation group set off, Yin Jun was busy with his first acquisition of the new year after returning to Xiangjiang.

The main body of the acquisition is not in Xiangjiang, but in the United States.

During the Chinese Lunar New Year, the largest telecommunications monopoly in the United States, Cable and Telephone Company, announced that it would be split into nine Bell companies, transforming it from a national behemoth into nine regional ones. sexual company.

In fact, these nine Little Bell companies are still undisputed giants in their regions.

It's just that from now on, they are no longer a whole, but different companies competing with each other.

From a certain perspective, this is also the significance of the US antitrust department breaking them up.

In any case, the huge American Telegraph and Telephone Company became history.

As for the Bell Labs in their hands, because it involved too much and was too heavy a burden, the nine companies before it was split decided to sell it directly after discussion, and the money obtained would be distributed to each company in proportion.

Kirin Group, which had long been in talks with Cable and Telephone Company through Goldman Sachs, was undoubtedly at the top of the buyer's list.

Relying on long-established connections and spending large sums of money, after opening up all the joints, the Kirin Group got most of the assets of Bell Labs as it wished.

The entire transaction, including intermediary fees to Goldman Sachs, cost the Kirin Group a total of US$330 million.

However, most of the patents and technical personnel in the laboratory also belong to Yin Jun.

These include the CDMA network, 3G network technology, optical fiber transmission technology, wireless WIFI, smart chips... and other world-leading scientific research technologies and patents that Yin Jun dreams of.

From Yin Jun's current perspective, these technologies are now very primitive and backward, and 3G technology only has some simple theories and rudimentary research and development.

But once you have started, it is easy to continue. As long as the direction is correct, then just work hard in the right direction.

Anyway, he needs money and people, and Yin Jun is ready to spend huge amounts of money to develop these technologies.

It's the 1980s, and the U.S. government doesn't know what Bell Labs' technologies and development directions will bring in the future, and how much influence they will have.

Unfortunately, they have very strict control measures for these high-tech technologies.

Kirin Group's purchase of Bell Labs was approved after a series of public relations efforts.

However, the US department added a condition that Bell Labs was not allowed to move out of the United States. It still had to stay in the United States and the main body of research and development was in the United States, otherwise the transaction would be invalid.

Regarding this request that he had known for a long time, Yin Jun could only shake his head and sigh, and chose to accept it.

It’s not just the tough demands of these departments, but also the specific difficulties.

Although he really wants to move Bell Labs to Xiangjiang, it is unlikely that these thousands of laboratory engineers and R&D personnel will follow him to leave the motherland and go to small cities thousands of miles away.

Without this group of experts who know the most about these technologies and R&D in the world, Bell Labs is an empty shell. No matter how many patents it has, it will be useless.

Another more important point is that the most powerful computer experts and network technology experts in the world are all in the United States.

Even if Yin Jun forcibly moves Bell Labs to Xiangjiang, and even if these people follow him, what will happen in the future to replenish manpower and recruit experts? Are they poaching Xiangjiang one by one?

Obviously unrealistic.

Only in the United States, which is the most suitable environment for research and development, can we have so many talents and create so many technology patents.

In order to achieve a greater goal, Yin Jun could only choose patience.

It's just that Bell Labs...oh, it's a lab that has been renamed Qilin Labs. It doesn't know the melancholy in Yin Jun's heart.

They are currently enjoying themselves.

Because as soon as the acquisition was successful, Kirin Group announced that it would allocate at least US$200 million per year for basic research and development.

The salary of their R&D personnel has increased by 30%, and the corresponding bonus indicators have also increased significantly.

With such favorable conditions, they will be more attentive in developing technologies and patents!