Chapter 840 The Forming Trust Model
Matthew Gloria, the former CEO of the Australian company, is currently the CEO of New Hainong, a subsidiary of the Future Group.
Some time ago, the acquisition of its assets by the Future Group was blocked by Cargill of the United States, and the wealthy Future Group immediately launched a poaching offensive. Since the conditions offered by the Future Group are quite generous, and Matthew himself is quite optimistic about the prospect of seabed planting, he accepted the olive branch thrown by the Future Group without much hesitation.
And after taking office, he did use his professional ability to take care of Xinhai Nong, a new company that was established less than half a year ago, in an orderly manner.
After Jiang Chen returned to Koro Island from Manila, the first thing he did was to find the CEO of New Hainong. Although agriculture accounts for a very low proportion of the income of the subsidiaries of Future People Group, he has always regarded agriculture as a key project.
Agriculture is directly related to the cost of living of the people of the new country, and indirectly related to the stability of the political situation of the new country under his control.
At this moment, in the office of the Future Man Building, Jiang Chen is listening to Matthew Gloria's report on Xin Hainong's recent work.
"...Xinhai Nong's 400,000 mu of seabed planting area has been fully developed, and the total revenue in the first quarter is estimated to be 43.7 million US dollars, accounting for 56% and 37% of the market share of Penglai City and Xinguo Farmer's Market. According to the market research department According to the analysis, there is a large gap in the market for cash crops such as soybeans, tea, coffee, and cocoa beans in the country. In the next quarter, we plan to open up the cultivation of such crops and add 500,000 mu of arable land.”
After listening to Matthew Glia's report, Jiang Chen nodded and said.
"It's okay to add 500,000 mu of arable land, but I have a different view on growing cash crops."
Although the plan was questioned by the chairman, Matthew Glia did not appear discouraged.
When he was the CEO of the company before, what he did most every day was to convince those board members who didn't understand the market conditions to nod. The shareholder structure of Future People Group is single, and Jiang Chen alone represents the entire board of directors. It is much easier to convince one person than a group of people, so he patiently explained to him.
"Planting economic crops is definitely in line with the current market demand in Xinguo. Moreover, the company's technical department has confirmed that it is technically feasible to plant economic crops in the seabed planting base. If you still have doubts about this plan, I can contact you tomorrow. Provide you with a global and domestic market research report and industry analysis document."
"No, you misunderstood." Jiang Chen shook his head with a smile. "I'm not saying that there is anything wrong with growing cash crops, but that there is absolutely no need for cash crops to be planted on the seabed. I have 15 million dollars in the Philippines. acres of plantation,
It has been distributed in the name of Xin Hainong in the form of custody assets through Future People Bank, and the procedures will be completed in about three days. "
Fifteen million acres!
Jiang Chen's understatement caused turbulent waves in Matthew's heart.
Others may not know it, but as the former CEO of an Australian rice monopoly, he is well aware of the arable land in Southeast Asian countries. Fifteen million acres of plantations, equivalent to 10,000 square kilometers, is almost equivalent to one-tenth of the total arable land in the Philippines!
When did the Future Group have such a strong relationship with the Philippines?
Will the Philippine Congress allow foreign companies to control such huge arable land resources?
After a while, Matthew came back to his senses and restrained the surprised expression on his face.
"Sorry, I lost my temper."
"It's okay." Jiang Chen smiled nonchalantly, and handed back the plan on the table to his hand, "I understand your surprise, but that's the truth. The seabed planting area of New Hainong still focuses on food crops. Lord, we can grow cash crops in overseas plantations. We have negotiated with the Moroccan government on a light industrial park focusing on food processing, and Future Life and Xinglong Foods are currently building food processing plants in Mindanao."
Having said that, Jiang Chen paused for a moment, looked at Matthew with a smile, and drew a triangle on the desk with his fingers.
"The raw materials are produced in the Philippines, processed in Morocco, and finally served in the Xinguo market, and our products are sold from Penglai to the global market. I hope that the economic crops planted by Xinhai Farm are not just soybeans, tea, coffee , cocoa beans, including coconuts, rubber and other crops that the future human group can use, you must get involved. Prioritize the needs of the group, and export the excess!"
"...Trust model." After listening to Jiang Chen's words, Matthew swallowed and squeezed out a rather old-fashioned vocabulary.
The reason why it is said to be retro is because in modern society, this profitable monopoly method has almost disappeared. Even consortiums as powerful as Morgan and Goldman Sachs would not dare to blatantly display their monopoly on a certain industry in such a blatant manner.
From the production of raw materials, to processing, to sales, and the final profit distribution, all are completed by a group. A highly integrated business structure will make every production link a cog in the entire industrial chain and be controlled by the same enterprise.
As a result, the production cost of this enterprise will be quite low.
So low that other companies simply cannot compete with it.
To give a very simple example, the cost of producing a bottle of Coca-Cola by Coca-Cola is only about 7-8 cents, but if everything from raw materials to aluminum for cans is produced by Coca-Cola’s subsidiaries, then this cost is likely to be directly reduced double.
Of course, no one knows how much the cost will be reduced, and it is absolutely impossible for Coca-Cola to do so. Rockefeller was the first to establish the trust model, monopolizing 95% of the oil refining capacity, 90% of the oil transportation capacity, and 25% of the crude oil production in the United States.
"That's right." Jiang Chen nodded, and smiled bluntly, "You can understand the nature of the Future Group as a new type of trust model. But if there is a difference, we still have it."
From the very beginning, the Future Human Group has mastered the violent institution of the military, and by controlling the sovereign state, it has forcibly opened up a living space for the monopoly group.
If you change the place, in Huaguo or any other country in the United States, it is impossible for the Future Human Group to obtain the soil for development. Sooner or later, it will touch the bottom line of the country's tolerance for monopoly.
So far, Jiang Chen is most satisfied with the two decisions he has made. One is that he chose Xia Shiyu as the CEO regardless of personal grievances, and the second is that he moved the Future Group to the current Xinguo. .
"I'll do it. I have to take the plan back and change it. Tomorrow...no, the day after tomorrow, a new one will be delivered to your desk. Tomorrow I have to call a meeting with the new Hainon executives. If we are in the Philippines The country has fifteen million acres of plantations, and everything has to be re-planned." Matthew shrugged helplessly, but he couldn't hide the excited smile on the corner of his mouth.
"Then go quickly, don't waste time here." Jiang Chen said with a smile.
After Matthew left, Jiang Chen leaned back on the chair, called the office secretary, and asked her to make a cup of coffee for him. Then, taking advantage of the short time, he closed his eyes and thought about the group's next development direction .
Gently placing the coffee cup on Jiang Chen's desk, the female secretary sneaked a few glances at the chairman who was resting with his eyes closed.
Her usual job is to serve tea and water, and occasionally help other secretaries organize files, issue letters of introduction and other trivial tasks. Logically speaking, due to the nature of her job, she should have many opportunities to contact Jiang Chen. However, the fact is just the opposite, because the chairman skipped work every three days, and sometimes he didn't come for a month or two on a business trip.
To be honest, she occasionally fantasized about what could happen with Jiang Chen.
It's just that so far, Jiang Chen hasn't shown any intention of that.
Gently straightening the documents on the table for Jiang Chen, she quietly exited the office and closed the door behind her. (To be continued.)