Chapter 641 Kumho Empire
In the final days of September, Asian financial markets seemed to have a vision of doomsday.
The weather in the mainland is already in autumn, and the dreary weather in Hong Kong is still extremely hot. This is a city that has no hope of looking forward to winter.
The office building is a bit old, with gray floor-to-ceiling glass windows, holding up the hot coffee on the table, Zhang Ke looked out the window at the dark cloudy sky, and from the gaps in the buildings, he could only see a line of dark blue in the distance. seawater.
Jiang Wei followed his line of sight, looked at the sea and sky scenery in the gaps in the buildings, and said with a smile: "Mr. Ke hopes to change to a place with a better view?"
"How many days can I stay in a year?" Zhang Ke turned around, looked at Jiang Wei, and said with a smile, "Don't push your own thoughts on me. If you push it, I won't admit it..."
"It's been three years since I was abducted into Kumho, and I can figure out some ideas..." Jiang Wei smiled. Thinking about it carefully, it seems that few people can sort out how much wealth and how big the young man in front of him is. the power of...
Yuexiu Holdings has a net asset of 50 to 6 billion. It controls Aida Electronics, a listed company, Xiangxuehai Electric Appliances, one of the largest white goods manufacturers in the mainland, and Shengxin Global Electric Appliances, the largest home appliance chain company in the mainland. It is still planning in secret Invest nearly 10 billion in fab projects. "Fiction" novel chapters are updated the fastest
Aida Group and Kumho Institute of Technology are one body with two sides.
Aida Group directly controls Aida Education Electronics Co., Ltd., which produces educational electronic products, Aida Communication Electronics Co., Ltd., which produces mobile phones, Aida Microelectronics Co., Ltd., which produces circuit board components for large-scale integrated circuit packaging and testing, and produces liquid crystals. Aida Crystal Screen Electronics Co., Ltd., Aida Precision Mold Co., Ltd., which proposes molds for its products, and many other entities have formed a huge electronics industry system. System Aida Sales Co., Ltd.
Not to mention other things, just the mobile phone production license in the hands of Aida Communication Electronics makes people extremely envious.
However, the core asset of the entire system is the multi-level technology research system of the Kumho Institute of Technology; when it was acquired and listed, the 50% equity of Tite Optoelectronics Technology Research Institute was not included in Aida Electronics after all-the value of this part of assets is very high. Difficult to estimate. Kumho Research Institute also continues to hold half of the shares in Thai-style Optoelectronics Research Institute; ESS, a large-scale electronic technology experiment base located in Silicon Valley, USA, is currently the core asset of Kumho Research Institute. It directly injected 20 million US dollars and spent another 5,000 10,000 US dollars will directly merge the surgical manufacturing technology and technical team acquired from Texas Instruments into ESS, compared with the ESS in the hands of Cheng Hanzhang and Xiao Jincheng a few years ago. Today's ess has been reborn, not only has a complete set of mobile phone manufacturing technology except baseband chips, but also has electronic music player technology and computer storage disk technology to open up overseas markets in the future, and has a number of first-class technology research and development; Kumho Research Institute also has There are several product development centers and technology experiment bases in Seoul, Tokyo, Tsukuba, Hong Kong, Beijing and other places.
In addition, the Kumho Research Institute is making great efforts to start planning to build a large-scale technology research base, and build many projects including several first-class laboratories, venture capital funds, entrepreneurial parks, and youth apartments. The capital is more than 500 million. In the near future, about 50 million funds will be allocated to implement the "Plan" to search for high-level technical talents around the world for the Oak Park plan.
The venture capital fund component of the Oak Park plan. It has just started to serve domestic technological innovation and entrepreneurship. At this time, it only has the core project of the portal website, which can be commended. Kumho has invested 25 million in Quantum Online. This time. Quantum Online directly raises funds from overseas ventures, adding 5 million shares to overseas venture capital institutions at a price of one dollar per share. The value of Kumho’s equity has nearly tripled, and it still holds 56% of the controlling stake. Ma Xiangdong and other founders hold 14% of the shares.
Since electronic dictionaries and other products have just been launched, and the launch of Aida's mobile phone has been delayed again and again, the current direct profit items of Kumho Technology Research Institute are only the profit sharing of disc player decoding chips and disc player parts such as disc player control chips and power management chips. The monthly income is still as high as 11 million U.S. dollars, providing strong technical support for Kumho's overseas technological expansion.
Excluding the investment part that has already been included in the plan of Yuexiu, Xinguang Paper and Oak Park. The Kumho Institute of Technology also holds a huge amount of 2.2 billion yuan.
Shin Kong Paper.
In the past two years, Kumho's six consecutive capital injections into Shin Kong Paper have reached a huge amount of 800 million.
The value of the forestry company that Shin Kong Paper belongs to cannot be estimated for a while, but this part is the largest part of Kumho's investment, with a cumulative capital injection of as much as 600 million yuan, and the completion of Fenglin construction of one million acres. In the next two years, the remaining 2 million acres of abundant forests in Donghai Province will be completed. By then, the forest coverage rate in Donghai Province will be restored to the level of 1990. certainly. The ecological effect of more than 3 million acres of abundant forests cannot be compared with the natural forests of the same area, but compared with other provinces, the natural forests are still being cut down without restraint. Donghai Province has launched a natural forest protection project, and the momentum to curb the continued deterioration of the environment in the Xie River Basin has improved slightly. Although the forestry company intends to expand outwards, since the country has not issued an overall policy related to natural forest protection and forestry and paper integration, the local promotion work in other provinces is not very strong, and the pace of expansion of forestry companies to other provinces is not yet lawful. carry.
The total paper assets of Shin Kong Paper's subsidiary have already reached one billion yuan, of which the net assets have accumulated as much as 300 million yuan. After the second phase of expansion, it has become one of the largest paper manufacturers in the country based on the scale of paper production alone. In addition, Shin Kong Paper will also acquire a 30% stake in Yunyuan Pulp under the name of Malaysia’s Kuok Group by financing US$100 million from Donghai Export Bank.
After two years of high expansion, once the agreement with Yunyuan Pulp is reached, the total assets of Xinguang Paper will approach 3 billion. In China in 1997, if the company's assets exceeded 2 billion, it would be included in the Golden Club. Although the debt ratio of Shin Kong Paper is relatively high, due to the continuous decline of the Japanese exchange rate, the actual scale of the Japanese yen debt obtained from the Japanese commercial bank has been reduced to about 64 million US dollars.
Well, the second phase of Shin Kong Paper's project has just entered the trial production stage, and it has generated a profit of 15 to 6 million US dollars.
Think about it, at the end of last year, Donghai Province received a loan of 2 billion dollars from Japan in Japanese yen, from which Donghai Provincial International Investment Group directly made a profit of 400 million U.S. dollars, which was almost half of the fiscal revenue of Donghai Province in 1996.
Except for Xiangxuehai and Xinguang Paper, which borrowed commercial loans from Japan directly through the credit guarantee of Donghai Shu Export Bank, other yen loans were obtained by Donghai Provincial International Investment Group from Japan. Enterprises and institutions such as Donghai United Iron and Steel Group, the direct income from the exchange rate is owned by the Provincial State Investment Corporation, which can be incorporated into the scope of fiscal revenue.
With this achievement, it almost makes Donghai Province SDIC shine among many SDIC groups in China.
This is also the reason why Xu Xueping was able to come to the front of the stage again to preside over the investigation of SDIC.
Although the political achievements cannot be attributed to the current Governor Li Yuanhu, Li Yuanhu has an extra windfall in his hands, and the loose budget makes it easier for him to implement more of his political ambitions. On the other hand, the rectification of the province's forestry and water conservancy systems, and the offending things were all done by Xu Xueping, but Tao Jin's position was increasingly consolidated, and it was very hopeful that he could take another step forward.
Kumho holds nearly 100% of Shin Kong Paper, 90% of Aida Group or Kumho Electronic Technology Research Institute, and 34% of Yuexiu Holdings. Subject to relevant policies, Kumho also holds shares of Haizhou City Commercial Bank 10%, holding 10% of the shares of Jianye City Commercial Bank, these have formed a huge Kumho system.
Jiang Wei is one of the participants and lucky ones who have watched Kumho grow from beginning to end. Like many high-level people, she knows in her heart that Kumho is Zhang Ke's Kumho alone.
Such a young man who is not yet twenty years old controls an economic empire that can influence the economy of one side - the economic power under the name of the Ye family, Xie Wanqing, Sun Shangyi and others, even if it can barely be called an economic empire, there is a hidden future Who would have imagined that such a huge economy would be in the hands of a young man under twenty years old.
Kumho is still expanding. At this time, we are trying our best to start the Oak Park plan, which is to prepare for the next big expansion in terms of technology and human resources. At this time, no one can accurately predict the future growth scale of Kumho .
Regardless of who you are, in Zhang Ke's position, you will feel confused about the future path, right?
Jiang Wei can understand why Zhang Ke is hiding among the campuses at this time. When Zhang Ke came to the stage, the Chinese people and most members of the Kumho system would probably be extremely confused; it would be better to hide in the campus and meditate on the future direction of Kumho. In any case, he belongs to Kumho The soul dominates the future direction of Kumho.