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Chapter 686 Middle East Investment

This one is called splinte

The supersonic aircraft has made an essential leap in appearance and materials compared to the Concorde passenger aircraft developed in the 1960s. The appearance of the aircraft originates from fluid and structural design, and the fuselage material is the latest composite aviation material. The flight distance and sonic boom weakening degree are much higher than that of the huge Concorde passenger aircraft. What attracted Prince Fahd's attention was the choice of engines of this aircraft.

People with a little knowledge of aviation must think that it must use fighter engines, and the least is also the engine of strategic bombers. However, the engine speed of military supersonic aircraft is fast, but the engine's huge noise and fuel consumption are unacceptable to civilian aircraft. What surprised Prince Fahd was that the engine of this aircraft was actually a jt8d219 turbofan engine specially improved by Pratt & Whitney. This engine is widely used in Boeing 737 and McDonald 80 series civil aviation aircraft. It is guaranteed in terms of economy and reliability. Star Manufacturing can transform it into a supersonic passenger aircraft engine, which shows its technical strength.

The most important thing is to be a supersonic business aircraft, splinte

The price is shocking. Yang Xing proposed an order price of US$80 million per aircraft. I believe that only billionaires can afford it. However, the Chief of Dubai and Prince Fahd both felt that the price was reasonable. They believed that once it really succeeded in the test flight and could pass the test of the International Civil Aviation Organization on the issue of sonic booms, and obtain airworthiness certificates from the United States, Britain and other countries, its future would be bright. The Middle East's rich people will have no less than 50 aircraft for this "expensive toy", and the price might be higher at that time. Fahd and others think this investment is very sure to make a profit.

In addition, Fahd is also more interested in improving Star Manufacturing Technology to achieve mature civil aviation engines and implementing supersonic cruise, which is not something that ordinary companies can do. He kindly invited Zhongxing Group to participate in the improvement and maintenance of domestic civil aircraft. He also proposed to cooperate with Zhongxing Group in multiple fields.

Fahd has his own considerations for doing this. The Middle East market has been dominated by European, American, Japanese and Korean companies for a long time, and Chinese companies can gain a foothold here. Originally, Saudi Arabia and the United States have maintained special ally relations for a long time, so they naturally have to take care of the American business. However, in the "911" terrorist attack, almost all terrorists came from Saudi Arabia. Therefore, the American right criticized Saudi Arabia and even proposed to attack Saudi Arabia by force. Faced with this situation. The Saudi government began to choose to find more allies to restrict the United States in order to protect itself. Looking eastward has become a national policy. In addition to providing China's oil resources, strengthening trade exchanges with each other is also an increase in the agenda. For powerful companies like Zhongxing, the Saudi government has opened its doors to welcome them.

Several Gulf countries with extremely rich oil resources in the Middle East have all realized in the past Middle East wars and the two oil crises in the 1970s and 1980s that Western countries are sweet-mouthed to them, saying and doing one thing. They only value the cheap oil resources they provide, but do not care about their Arab national honor and economic transformation. They do not need strong national strength partners, but only need obedient followers. If they want to restore the strength in Arab history, they must make up their minds to go their own path and develop their own industrial foundation. China, as a manufacturing power, is undoubtedly a new choice.

Recently, Americans fought in the Middle East. Even though they captured Baghdad, the capital of Iraq, on December 13, they captured former Iraqi President Saddam Houssein in the area near his hometown of Tikrit, and they had no intention of stopping. However, the scene of Bush's high spirits in the aircraft carrier announced that the "combat was completed" has long been forgotten. Now Iraq is full of war, roadside bombs and cold guns of snipers are ringing from time to time, killing the lives of American soldiers. This battle seems to be going on for a long time.

In this case, Americans have never reflected on the problem with their plans, but look for objective reasons outside. Just like after searching all over Iraq, no trace of weapons of mass destruction is found, and Americans have never mentioned this reason for starting the war. They think that the closed and conservative religious and social environment in the Middle East is the soil for breeding terrorists, and they propose a "Greater Middle East" transformation plan and vigorously promote "democracy and freedom" in the Middle East.

This made these monarchs even more wary, feeling that this had threatened their ruling foundation. So although these countries still maintain a polite alliance with the United States on the surface, they still understand in this chaotic world that don’t put all the eggs in one basket, do you have more friends and more roads?

Against this background, with the stepping stone of luxury submarines and supersonic private passenger planes, Yang Xing successfully opened the door to the Middle East royal family. He stayed there until the end of November before preparing to set off to return home. This trip to the Middle East can be said to be a victory. The Middle East royal family also gave extremely generous rewards to the Zhongxing Group, which can add icing to his wealth.

As the boss had a happy conversation with the Middle East royal family, the companies under Zhongxing Group quickly sent a large number of elite soldiers and generals to cooperate with the big boss and the Middle East royal nobles to sign large orders. Xingchen Manufacturing provided solar seawater desalination devices to many Gulf countries, and Nebula Electronics obtained a large-scale informatization and intelligent transformation contract for the Pilgrimage City roads of Saudi Holy City, Xingwei Resources and the Qatar government reached a natural gas liquefied shipping contract, Xinghai Trading and the Kuwait government reached a large order to exchange a large number of Chinese goods for rolling oil.

In addition to the "Dragon and Phoenix City" trade center in the UAE, Xinghua Real Estate also booked several floors of the Dubai Tower, preparing to be the headquarters of the Future Group in the Middle East. In total, the total contract amount reached a huge amount of 10 billion US dollars. Yang Xing's trip to the Middle East not only opened the gates of the Middle East, but also found a new gold mine for the group!

Of course, Yang Xing not only gained large orders signed, but also favored many royal families in the Middle East, preparing to invest in Zhongxing Group to acquire shares. In order to get rid of the path of relying solely on oil to ensure economic growth, the Middle East countries made long-term plans for oil wealth very early. Not only did they vigorously invest in domestic infrastructure, but they also established a number of sovereign investment funds first.

In addition to investing in guaranteed government bonds and state-owned enterprise shares of various countries, the investment strategy adopted by Middle East funds is to purchase a small number of shares of world-renowned multinational companies, and at most one or two board seats. This way, because no major changes to the company's operations will not arouse suspicion from the government and people of the country where the company is located, but it can also gain dividends from the company's performance growth, grasp the company's financial status, and ensure the safety of investment.

In general, companies that can get investment from the Middle East royal family are large European and American companies with a long history and good reputation, and these companies are also very popular for Middle East investment. They act low-key, have abundant funds, and are under very little constraints. In many cases, relying on good personal relationships, they can get a large amount of funds that will make the company safe.

Therefore, many big bosses of European and American companies often go to the Middle East to visit these God of Wealth. With the good reputation accumulated by Zhongxing Group in recent years, the excellent quality of its products, and his unique business vision, Yang Xing won the favor of everyone during the visits to the royal families of various countries in the Middle East, and expressed his willingness to invest in Zhongxing.

Yang Xing welcomed this. He took the initiative to re-split the shares, originally trying to give some benefits to the country and the Hong Kong government, but it actually gave some ambitions a little delusion, which was indeed a bit beyond his expectations. He was not the one who lets anyone fight back. The countermeasures he took were to introduce more players to mix up the water and dilute the shares, making the ambitious players covet Zhongxing so high that they can't stand it.

Now the investment in Zhongxing by the Middle East sovereign wealth fund and royal private wealth undoubtedly marks most of the success of the plan. In addition, when he was in Europe, he also invited European prominent families such as Rothschild to invest in Zhongxing. In addition to making Zhongxing capital more expanding, it also added popularity to Zhongxing's brand.

Not long ago, someone in the group suggested that Zhongxing headquarters be renamed Zhongxing Capital, so that Zhongxing headquarters will start to engage in "company transactions", and a clear warning to some people at home and abroad who think they are greedy for some Zhongxing equity. Yang Xing felt that it was unnecessary to do so, so he set up a "capital management office" at the headquarters to manage the shares of many companies they own, and also monitor the shares of his own company to prevent malicious acquisitions.

Modern enterprises are no longer controlled by owners with 100% or more than half of their shares. Samsung has many companies, but the core Lee Kun-hee family's shares are mostly less than 5%, and they can still use the huge Samsung warships as if they are armed. Yang Xing is less than 30 years old. She has been fine-tuning the company's equity structure for a long time, causing the ambitious people's plans to go bankrupt.

After discussing business, we still need the necessary combination of work and rest. In addition to socializing with the princes and nobles of the Middle East, Yang Xing also took time to visit scenic spots in various parts of the UAE under the recommendation of An Yili. Since this time it was a negotiation in the Middle East countries, the local customs were conservative, and women had to wear long robes and headscarves when they went out, and they could not see their faces at all. It was not easy for Yang Xing to always surround a group of beauties, so in addition to bringing a few Arab translators sent by the Middle East branch, he only brought Yu Ge, Kong Siyu and He Chen three girls.

Because the "expensive toys" displayed by Yang Xing pleased the crown prince of the UAE, and the UAE wanted to be a high-tech leader in the Arab world, the business of Zhongxing Group provided the possibility of cooperation for the UAE, so a few days before Yang Xing left, the UAE specially arranged for him to stay in the Abu Dhabi Palace Hotel, which is known as the most luxurious and expensive in the world, so that he could experience the warm hospitality of the host.

Thanks to Broken Void 5332, Blue Broad monthly votes, Little Garrison’s rewards and the unremitting support of my friends 0402. The support of my friends is my huge motivation for writing, thank you!
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