Chapter 641 Kumho Empire
In the last few days of September, Asian financial markets seemed to have a doomsday.
It is already autumn in the mainland, and the dull weather in Hong Kong is still very hot. This is a city with no hope to look forward to winter.
The office building is a bit old, with gray floor-to-ceiling glass windows. He picked up the hot coffee on the table. Zhang Ke looked at the dark clouds outside the window with the dark sky. From the gaps in the building, he could only see a dark blue sea water in the distance.
Jiang Wei followed his gaze, looked at the sea and sky view in the gaps in the building group, and said with a smile: "Sir Ke hopes to change the vision and change the place to have a better place?"
"How many days can I stay a year?" Zhang Ke turned around, looked at Jiang Wei, and said with a smile, "Don't push your own ideas on my head. I won't admit it..."
"I have been in Jinhu for three years. I can figure out some ideas about Ke Shao..." Jiang Wei smiled and thought about it carefully. It seemed that few people could clarify how much wealth and power the young man in front of him held...
Yuexiu Holdings has a net asset of 500 and 600 billion yuan. It holds a stake in listed company Aida Electronics, one of the largest white goods manufacturing companies in the mainland, and holds a stake in Shengxin Global Electric, the largest home appliance chain company in the mainland. It is also secretly planning a wafer factory project with an investment of nearly 10 billion yuan.
Aida Group and Kumho Technology Research Institute have a two-sided relationship.
Aida Education Electronics Co., Ltd., which directly controls the production of educational electronic products, Aida Communication Electronics Co., Ltd., which produces mobile phones, Aida Microelectronics Co., Ltd., which produces circuit board components, Aida Crystal Screen Electronics Co., Ltd., which produces LCD screens, Aida Precision Mold Co., Ltd., which proposes molds for its products, and many other entities have formed a huge electronics industrial system. At this time, a large marketing system responsible for emerging markets in the mainland and Southeast Asia has begun to be established.
Not to mention anything else, the mobile phone production license held by Aida Communication Electronics is extremely envious.
However, the core asset of the entire system is the multi-level technology research and development system belonging to the Kumho Technology Research Institute; when the merger and acquisition were listed, 50% of the equity of the Tate Optoelectronics Technology Research Institute was not included in Aida Electronics - the value of this part of the assets is difficult to estimate, and the Kumho Research Institute continues to hold half of the equity of the Thai Optoelectronics Research Institute; ESS, a large electronic technology experimental base located in Silicon Valley, USA, is currently the most core asset of the Kumho Research Institute, with direct investment of 20 million US dollars and spending 50 million US dollars to directly incorporate the surgical manufacturing technology and technical team acquired from Deyi into ESS. Compared with the ESS in the hands of Cheng Hanzhang and Xiao Jincheng before the New Year, today's ESS has been transformed, not only with baseband chips.
In addition, the complete set of mobile phone manufacturing technology also has electronic music player technology and computer storage disk technology to explore overseas markets in the future. It has a group of first-class technical research and development talents; Kumho Research Institute also has several product development centers and technical experimental bases in Seoul, Tokyo, Tsukuba, Hong Kong, Beijing and other places. In addition, Kumho Research Institute is spending a lot of effort to start the Oak Park plan to build a super-large technical research base, and build many projects including several first-class laboratories, venture capital funds, entrepreneurship parks, and youth apartments. The funds have been invested by more than 500 million yuan. In the near future, it will also spend about 50 million to implement the "Hundred People Action" plan to search for senior technical talents worldwide for Oak Park plan.
The venture capital fund part of the Oak Park plan serves domestic technological innovation and entrepreneurship. It has just started. At this time, it only owns Quantum Online Portal, a core project that can be praised. Kumho invested 25 million yuan to Quantum Online. This time, Quantum Online directly raised funds from overseas risks and issued 5 million shares to overseas venture capital institutions at a price of one dollar per share. The value of the equity of Kumho belonging to has increased by nearly three times, and it still holds a 56% controlling stake. Founders such as Ma Xiangdong hold 14% of the shares.
Since electronic dictionary and other products have just been launched, Ida's mobile phones have been delayed again and again. The current direct profit project of Kumho Technology Research Institute is only the profit of disc decoding chips divided into disc control chips and power management chips and other disc spare parts (movement accessories belong to Aida Electronics). The monthly income is still as high as 11 million US dollars, providing strong technical support for Kumho's overseas technological expansion.
In addition to the investment part of the Oak Garden plan that has been classified as Yuexiu and Shin Kong Paper, Kumho Technology Research Institute also holds a huge amount of 2.2 billion yuan.
Xinguang Paper.
In the past two years, Kumho has successively invested 800 million yuan in Xinguang Paper.
The value of the forestry company belonging to Xinguang Paper cannot be estimated for the time being, but this part is the largest part of Kumho investment, with a cumulative investment of up to 600 million yuan, and the construction of sufeng forests exceeds one million mu. This year and next year, the remaining two million mu of sufeng forests in Donghai Province will be completed, which will restore the forest coverage rate of Donghai Province to the level of 1990. Of course, the ecological effect of more than 3 million mu of sufeng forests cannot be compared with natural forests of the same area.
, However, compared with other provinces that are still uncontrollably deforesting natural forests, Donghai Province has launched natural forest protection projects to curb the continued deterioration of the Xiaojiang River Basin environment and slightly improve. Although forestry companies are interested in expanding outside, since the country does not have relevant natural forest protection, the overall policy of forest and paper integration has been introduced, and the local promotion work in other provinces is not very strong. The pace of forestry companies' expansion to other provinces has not yet been accelerated.
The total papermaking assets of Xinguang Paper belong to have reached 1 billion yuan, of which the net assets accumulated as much as 300 million yuan. After the second phase expansion, it has squeezed into the largest papermaking companies in China based on the scale of papermaking alone. In addition, Xinguang Paper will also raise US$100 million from the Export-Import Bank of Donghai Province to acquire 30% of Yunyuan Porridge under the name of Guo's Group in Malaysia.
After two years of rapid expansion, once cooperation with Yunyuan Pulsation is reached, Xinguang Paper's total assets will reach 3 billion. In 1997, the company's assets exceeded 2 billion, even if it is included in the gold club. Although Xinguang Paper's debt ratio is relatively high, due to the continued decline of the RB exchange rate, the actual scale of the Japanese yen loan liabilities obtained from RB Commercial Bank has been reduced to about 64 million US dollars.
Well, the second phase of Xinguang Paper's project has just entered the trial production stage and has generated a profit of $156 million.
Think about it, Donghai Province received a $2 billion yen loan from RB at the end of last year, and Donghai Province Guotou Group directly missed nearly $400 million in profits, which was almost half of the provincial fiscal revenue of Donghai Province in 1996.
In addition to Xiangxuehai, Shinkong Paper directly obtains commercial loans from RB through the credit guarantee of the Export-Import Bank of Donghai Province. Other Japanese yen loans are all obtained by Donghai Province Guotou Group from RB to transfer them to the country, and then lends them to Donghai United Iron and Steel Group and other enterprises and institutions. The direct income in the exchange rate belongs to the Provincial Guotou and can be incorporated into the provincial fiscal revenue range.
This achievement has almost made Donghai Guotou shine among many Guotou groups in China.
This is also the reason why Xu Xueping was able to come to the front of the Taiwan Strait again to preside over the investigation of Guotou.
Although his political achievements cannot be attributed to the current governor Li Yuanhu, Li Yuanhu has added a fortune and a relaxed budget, which makes it easier for him to implement more of his political ambitions. On the other hand, Xu Xueping has done all the rectification of the provincial forestry and water conservancy system, and offending things, but the status of the provincial party secretary Tao Jin is becoming increasingly consolidated, and there is hope to take another step forward.
Kumho holds nearly 100% of Xinguang Paper, 90% of its holdings in Aida Group or Kumho Electronic Technology Research Institute, and 34% of its holdings in Yuexiu Holdings. Due to the restrictions of relevant policies, Kumho also holds 10% of its holdings in Haizhou Commercial Bank and 10% of its holdings in Jianye Commercial Bank. These have formed a huge Kumho system.
Jiang Wei is one of the participants and lucky people who watched Jinhu grow from beginning to end. Like many senior officials, she knew in her heart that Jinhu was Zhang Ke’s own Jinhu.
Such a young man who is under 20 years old has an economic empire that can influence one area's economic structure - United Ye family, Xie Wanqing, Sun Shangyi and others. Even if he can't barely call it an economic empire, he still has the appearance of a future chaebol. Who can imagine that such a huge economic power can be mastered by a young man under 20 years old?
Kumho is still expanding - at this time, he tried his best to launch the Oak Garden plan, which is to prepare for the next major expansion, and no one can accurately predict the future growth scale of Kumho.
No matter who is in Zhang Ke's position, he will be fascinated by the future path?
Jiang Wei can understand why Zhang Ke was hiding between campuses at this time. When Zhang Ke walked to the front stage, it would probably make the Chinese people and most members of the Kumho system feel extremely confused. It would be better to hide in the campus and think quietly about the future direction of Kumho. In any case, he is the soul of Kumho and dominates the future direction of Kumho.
Chapter completed!