Chapter 1841: 1 Response 0 Response
[David Koch, President of Koch Industries Group, has accepted Feng Yu's invitation and will attend the Wind and Rain Global Forum to be held in Moscow at the end of this year]
[Bloomberg boss Bloomberg accepts Feng Yu's invitation to attend the Wind and Rain Global Forum]
[Jacqueline Mars, Chairman of Mars Confectionery, expressed her willingness to attend the Global Forum on Storms]
[Cargill CEO Stephenson Mark announced that he has received an invitation letter from Feng Yu and plans to attend the Fengyu Global Forum in person]
What Lego, Kohler, IKEA, Heinz, ZF, Bosch, Aramco, Louis Dreyfus, Vitol Group, Toco Group, MBB, the Big Four accounting firms, Huaxia Tobacco, Huaxia Post, Huaxia Railway...
Enterprises continue to announce through the media that they have received Feng Yu's invitation letter, and they are very willing and looking forward to this Wind and Rain Global Forum, looking forward to talking face-to-face with Feng Yu.
It was only then that many people discovered that the companies announced first were all unlisted companies.
The Fortune 500 companies are basically listed companies, or the parent companies of listed companies. Anyway, if you don't publish your financial data and don't give us a chance to verify it, then you don't want to be on the list.
This prevents many powerful companies from being on the list at all.
For example, Taihua Holdings Group, the turnover of the Taihua Supermarket Group alone is so much, not counting many subsidiaries such as Fengyu Electronics, Fengyu Electric, Aihua Electronics, etc., but because the financial data has not been made public, "Fortune" Just looking for a reason, directly gave an extremely low evaluation number.
If you think my assessment is inaccurate, then disclose your financial data so we can verify it.
Otherwise, even if they are sorted by turnover, regardless of capital size, profit and market position, Taihua Holding Group should be in the top ten.
The Fortune Global Forum mainly invites the chairman and CEO of multinational listed companies, and also includes some economists with political backgrounds.
This made many wealthy people who were clearly on the "Forbes" list unable to receive invitations at all, and they inevitably complained in their hearts.
Although they are unlisted companies, many of them are also top in the industry.
For example, Bloomberg's Bloomberg is the top business news media, and "Business Week" is also the world's number one selling business magazine.
There is also Mars Candy, the chairman of the company is also ranked high in Forbes, is his status low? Dove and Snickers are famous all over the world. Moreover, it has just been announced with Wrigley Company that Wrigley Company will be merged into Mars Candy and become a subsidiary company. Mars Candy will definitely become the world's number one candy company.
It's just that no one knows that this Mars candy now also has shares in Taihua Holdings Group. What they value is the Chinese market, and of course there is Feng Yu as a partner. Moreover, Taihua Holding Group also paid for the acquisition of Wrigley Company.
Of course, Feng Yu also invited the world's top funds such as Temasek and Abu Dhabi Investment Bureau. They are all sovereign funds with huge assets but seemingly low turnover, and their profits are also very high.
There are also many state-owned enterprises, not just China’s post office, but many European countries such as France and Germany also have large state-owned enterprises. In fact, they all have the strength to be listed on the top 500 in the world, just because of the disgusting person in "Fortune" The rules of publishing financial data prevent them from making the list.
Feng Yu didn't care about these, he made a comprehensive comparison based on many data from "Business Weekly", "Forbes" and other magazines, plus some data collected by his company, including asset size, turnover, profit, influence, number of employees, etc. Yes, selected top companies.
And this time, his first choice was a non-listed company, and he made it clear that he wanted to ridicule "Fortune".
How many of your so-called top 500 companies dare to say they are stronger than the companies I invited? These companies failed to participate in the Fortune Global Forum, so what are you talking about fair and just? What kind of authority are you?
Feng Yu also deliberately asked "Forbes", "Business Weekly" and others to cooperate to create an industry ranking.
It is not just the traditional rankings of energy industry, industry, IT, etc., but a very detailed division, in short, to highlight the status of these invited business representatives.
These representatives are also very happy that they are not listed, but it is not something that can be ignored casually.
Many companies are not listed, not that they cannot be listed. It's that they don't want to be restricted by various listing regulations because of financing.
For example, listed companies require the number of shareholders to reach a certain amount, which makes many family-owned enterprises excluded. Their equity is very concentrated, and some are even concentrated in the hands of just two or three people.
Others don't want financial data to be disclosed, financial data is transparent, and the valuation system will also be made public, so that if you want to go public, the amount of financing may be limited instead, such as those IT network technology companies.
They will choose to go public after several rounds of non-listed financing first, otherwise they will never be able to raise so much.
Of course, like Feng Yu, there are also those who are not short of money and don't want to share the profits with others. There is no need for listing and financing. My company can develop very well. Why must I go public? Not only do you have to be subject to so many restrictions, but is it really okay to give money to others?
How many people are waiting for Fengyu Electronics, Fengyu Electric, etc. to go public, but Feng Yu just doesn't go public.
Want to buy shares in my company? dream you!
Other companies are the same as Feng Yu's previous choice, first to raise shares and go public, and then earn enough profits through a large amount of dividends. When the stock price fell sharply, these shareholders would not think about raising the stock price at all, but watched the stock price fall, wishing to be forced to delist.
They can just repurchase shares, then delist the company, and hide behind the scenes again to make money with peace of mind. The company's financial operations will also be much more flexible.
Although there is no premium brought by the listing, their annual dividends will be more, and it is not easy to be hostile to take over the company's stock, avoiding the loss of equity. The founders of many companies simply don't want others to buy his company's stock.
Enterprises or business executives continue to announce that they want to participate in the Fengyu Global Forum, and they are proud of it. At the same time, many companies began to belittle the Fortune Global Forum under the hint of Feng Yu.
Those subsidiaries under Feng Yu first publicly mocked the Fortune Global Forum, claiming that this kind of unjust company made a party, which was nothing but sensationalism.
What achievements have they made in this broken forum?
In fact, the Fortune Global Forum has really made a lot of achievements, but many of them cannot be said publicly. Now being questioned, they really can't refute.
Those non-listed companies publicly expressed their gratitude to Feng Yu, and they felt that they were treated fairly and justly. Unlike some magazines, in the name of fairness and justice, it is actually completely opposite!
The president and editor-in-chief of "Fortune" felt a little flustered at this moment. Could it be that this stormy global forum is going to be held smoothly? After that, will their Fortune Global Forum still be so influential?
Or should they really make some changes?
...
Please remember the first domain name of this book: . The website for the fastest update of the mobile phone version of Biquge: