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Published at 25th of December 2023 05:14:25 AM


Chapter 409: [Complete inventory] (please ask for a monthly pass!)

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Chapter 409 [Complete the inventory] (seeking a monthly pass!)

The zipper group of the Wu family consists of three subsidiaries, PG zipper, YKK zipper, and Yaoshi Industry;

Among them, Yaoshi Industrial invests in machinery, smelting, doors and windows and other industries;

Among them, YKK Zipper invests in mining, chemical, nylon, plastic and other industries, and has a large number of mines in South America.

The annual profitability of the entire zipper group has exceeded 70 million U.S. dollars. With Wu Guangyao's permission, YKK Zipper has expanded vigorously, and its annual profitability has reached 33 million U.S. dollars. It has a trend of catching up with the sum of PG Zipper and Yaoshi Industry.

While Wu Guangyao can withdraw about US$40 million in profits from the Zipper Group every year, the remaining profits need to be used for investment and dividends from Tadao Yoshida and Hitachi Machinery.

Tadao Yoshida is undoubtedly a super talent, so has he thought of doing it alone?

must have thought about it, but he quickly gave up;

Without strong financial strength, it is impossible to invest in mining, chemical and other industries.

Under the YKK system, Wu Guangyao takes the lead every year and takes out 60% of the profits to be invested by Tadao Yoshida;

This kind of support trusts his performance very much. After all, Wu Guangyao also helped Yoshida Tadao to block Hitachi Machinery’s offensive.

Hitachi Machinery wants to pay dividends, but does not want to invest; even if it invests, Hitachi Machinery wants to invest through its own company.

But with Wu Guangyao, a major shareholder, Hitachi Machinery can’t turn a big wave.

"President Yoshida, long time no see!"

Li Bing greeted Tadao Yoshida with enthusiasm, and there seemed to be no grudge;

It should be known that although Li Bing is the president of the group, he is also the president of PG Zipper. PG Zipper and YKK Zipper still have great internal competition over the years.

Tadao Yoshida will naturally not be arrogant, because the YKK zipper has been developed and expanded without dismissing Li Bing.

"President Li, hello!" Tadao Yoshida greeted politely.

Li Bing then pointed to Lin Yongdong and said: "President Yoshida, this is the newly appointed President of Yaoshi Industry, Mr. Lin Yongdong, you should have had a lot of fate!"

Yoshida Tadao hurriedly stretched out his hand and greeted Lin Yongdong: "President Lin, we have met several times!"

Lin Yongdong also stretched out his hand and responded in the same way.

Before Wu Guangyao arrived in the conference room, the three presidents gathered to discuss it. Naturally, the other executives would not intervene in this kind of presidential conversation.

After the former president of Yaoshi Industry retired, Wu Guangyao's brother-in-law Lin Yongdong was recommended by Li Bing and became the president.

Wu Guangyao did not consider too much, so he agreed to Li Bing’s recommendation;

Because he believes in Li Bing’s vision and Lin Yongdong’s ability.

After a while, Wu Guangyao walked into the meeting room, and the meeting officially began.

Wu Guangyao said, "Let’s start!"

The presidents carefully reported all the business conditions and profitability of the company in charge.

After listening, Wu Guangyao has estimated a data, that is, the proportion of profits created by the zipper industry of the zipper group has decreased again, only 75%;

From this point of view, the diversification process of the Zipper Group is undoubtedly successful.

Wu Guangyao has always attached great importance to the diversification process of each group. After all, such anti-risk capabilities have greatly increased, and profits will also increase.

The premise is that the steps cannot be too large.

Wu Guangyao said: “Recently, trade protectionism is on the rise. You can consider increasing the scale of foreign investment in the zipper industry to build factories; although the profit is less, our monopoly position is stronger!”

Wu Guangyao has always made no secret of mentioning the importance of monopoly within the Zipper Group;

The   Zipper Group is relying on its monopoly position to make a lot of profits, which cannot be washed away.

Of course, in order to guard against sanctions by European and American countries, the Zipper Group now has factories in 12 countries including Brazil, Mexico, Chile, Italy, the Netherlands, New Zealand, and Singapore, and has 3,000 foreign employees.

Wu Guangyao has read the biographies of Tadao Yoshida and YKK in his previous life. The annual turnover of YKK zipper is 2.5 billion US dollars. It has 25 factories abroad and 20,000 employees.

This achievement is also what Wu Guangyao expects to achieve in his own zipper industry;

As for the development of the entire zipper group, Wu Guangyao hopes to develop into a super group company.

Everbright Group

Wu Guangyao looked at the executives in the conference room, feeling more relieved;

Andri, Chairman of Everbright Financial; Lei Hong, President of Everbright Bank; Liu Yu, President of Everbright Securities.

Foreigners and Chinese have, foreigner bankers are in charge of formulating general policies and strategies, and Chinese bankers are mainly responsible for actual operations.

Coupled with the investment information Wu Guangyao obtained from the future, and Wu Guangyao's status as a Chinese leader on Hong Kong Island, the future achievements of the Everbright Finance Department will certainly not be low.

At least in the investment bank, it can reach the world-class level, comparable to the existence of the Morgan family and Rothschild;

Commercial bank can also become a regional big bank.

Wu Guangyao said: "Lei Hong, you are here to report on the status of China Everbright Bank's deposits!"

Lei Hong said: "At present, Everbright Bank’s deposits have reached 2 billion Hong Kong dollars, your personal deposits have reached 1 billion Hong Kong dollars, and public deposits have reached 1 billion Hong Kong dollars. This deposit scale has ranked first among Chinese Bank and Hang Seng Bank’s 1.8 billion Hong Kong dollars. 2. China Everbright Bank ranks third among all banks on Hong Kong Island, and HSBC ranks first with 5 billion Hong Kong dollars."

Hiss, Wu Guangyao gasped, Hong Kong Islanders have so many deposits!

Hong Kong Islanders are Chinese and have a tradition of emphasizing savings;

'Accumulate grain to prevent hunger' and'Be thrifty and get rich' is a tradition cultivated by the Chinese nation over 5,000 years of history, and it has always been a virtue that has been widely praised by the Chinese society.

Since the local industries on Hong Kong Island took off in the 1950s, the income of the general public has also increased a lot;

The income of the income citizens has increased a lot, but their sense of worry about ‘pay good firewood on a sunny day’s rainy day’ is still very strong;

Most of the income of these people, after deducting necessary expenses, is mostly stored;

By the end of the sixties, these savings had reached an astronomical number!

In fact, everyone knows that China Everbright Bank's deposits have become the number one in the Chinese Bank, and Wu Guangyao's 1 billion Hong Kong dollars deposits accounted for half;

The other half of the employees who are not Wu Guangyao have contributed a lot. These employees have a large base, high income, and extreme trust in Wu Guangyao's strength and credibility, so they will naturally choose to deposit their money in Everbright Bank.

Wu Guangyao said: "Excluding my personal deposits, public deposits are already very valuable for a bank that has only been established for two years. What about profits?"

Lei Hong said: "In terms of profit, it mainly comes from two aspects: the first is loans, which made a total of 15 million Hong Kong dollars last year; the second is investment. The 600 million Hong Kong dollars that Everbright Securities invested in the Buffett Investment Club of the United States made a profit of 80 million last year. Hong Kong dollars (total profit of 120 million Hong Kong dollars

Wu Guangyao nodded, which is pretty good. It seems that if banks want to make money, they have to invest in financial products.

Of course, the risk is also great, but this risk does not exist for Wu Guangyao.

The interest on deposits in this era is scary when it comes to loan interest, so opening a bank will not lose money unless there is a run or investment failure.

The cash flow of Everbright Bank is very sufficient. The money was used by Wu Guangyao to buy the bottom of Hong Kong Island, and a full 1 billion Hong Kong dollars can be used.

Then, Liu Yuhui of Everbright Securities reported: "Everbright Securities currently has two businesses: the first business is the investment of Everbright Bank. We can get a commission of 10% for a total of 12 million Hong Kong dollars (Buffett 23% commission, 28 million Hong Kong dollars). .); The second business is direct investment in Hong Kong stocks, and a total profit of 10 million Hong Kong dollars last year."

After listening to the report, Wu Guangyao said directly: "Liu Yu, have you discovered the status of Cheung Kong's investment in Hong Kong Island real estate in the past two years?"

Liu Yu thought for a while before he said: “Well, we have recently been considering the impact on Hong Kong Island based on the political situation opposite, and we plan to gradually lighten up and wait and see.”

Wu Guangyao is already very satisfied with Liu Yu being able to do this!

When the danger will come, even the four major families in the previous life cannot predict it. They can only predict that the danger will pass, so they will hunt down the bottom;

When the danger comes, they have low debt and are all fixed assets, so as long as they hold firmly, they will still rise.

Bargain hunting is the main reason why they became the four big families.

"After the year, we are ready to clear all the positions, and then the new task of Everbright Securities is to set up offshore funds to prepare for direct participation in the U.S. and European securities markets in the future."

Wu Guangyao did not say the reason, but directly ordered.

The funds invested in Hong Kong Island Securities are less than 40 million Hong Kong dollars. Loss is not a big deal, but there is no need. You can reduce a lot of losses with just one order.

"Yes, boss!"

Liu Yu did not hesitate, but a cold sweat broke out behind his back!

Liu Yu has studied Wu Guangyao, that is, Wu Guangyao is very keen on the general situation, so he has achieved the position of the world's ship king.

(End of this chapter)




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