Protagonist: Bao Junyi
【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】
Bao Junyi arrives in 1972.
Bao Junyi transmig...
Bao Yugang's face was filled with anger, and he finally sighed helplessly: "Okay, I'll keep this position for you. You can come back to the company anytime."
"Thanks, Dad."
"So what are your plans next? Which industry should you start with?" Bao Yugang asked.
Bao Junyi said seriously: "Start with the automotive industry."
"While I was studying in the United States, I made some money and used it to acquire an automobile OEM factory, a small-brand automobile company, and an automobile R&D center."
"I have completed the acquisition before returning to China, and I am now perfecting the layout."
"Also, through my connections in the United States, I'm negotiating with Mercedes-Benz to acquire the Audi brand from them."
Since Mercedes-Benz acquired Audi from the West German New Auto Union, Audi has been making losses every year under Mercedes-Benz.
In 1974, Audi was acquired by Volkswagen again and became the OEM manufacturer of the Beetle model.
It was not until 1984 that a breakthrough in four-wheel drive technology was developed and it gradually rose to prominence.
"Where do you get so much money to acquire a car factory and R&D center?"
"Are you also planning to acquire the Audi car brand?"
Bao Yugang said with surprise.
"I previously founded Miracle Games in the United States, which has a market valuation of several billion dollars. I own 51% of the company and it generates hundreds of millions of dollars in profit every year."
"Last year, I received $180 million in profits. This year, we expanded into several European countries, so the amount may be even more."
"Are games so profitable?" Bao Yugang looked incredulous.
"Yes, our arcade games account for over 80% of the market share, with Pac-Man, Hong Kong Cube, and King of Fighters being popular all over the world!"
"We have basically monopolized the arcade game market, and profits are doubling every year," Bao Junyi said confidently.
Bao Yugang wondered, "But the automobile industry isn't that easy. The downstream supply chain alone requires the cooperation of multiple companies."
"That's why I directly acquired the entire car company, including the factory, R&D center, etc."
"We will then open up related industrial chains, complete the industrial layout, and gradually transfer production lines to Hong Kong."
What's more, the 1973 oil crisis, coupled with the economic downturn, dealt a heavy blow to the entire automotive industry.
This is also why Bao Junyi is so confident in entering the automobile industry, which has been monopolized by major powers.
At this time, Hong Kong also had a certain foundation for developing the automobile industry.
After 1970, Hong Kong's industrial proportion was 37.30%, manufacturing accounted for 30.9%, there were 25,000 manufacturing factories, and the number of manufacturing workers reached a staggering 550,000.
At that time, Hong Kong's total population was just over 4 million, accounting for more than 10%, and the export of manufacturing products reached 69.6%.
This shows that Hong Kong's industry flourished between 1960 and 1970, and many companies engaged in parts production gradually grew larger.
If it weren't for real estate developers represented by Li Jiacheng, Zheng Yutong and others, who speculated on pre-sale properties, raised prices and attracted large amounts of capital into the property market.
As a result, the property market prices change every day, making money easier. Who would still work hard in industry and research and development when they can't earn much throughout the year and may even risk losing money?
Therefore, in the past, Hong Kong was supported by the real estate and finance markets, and there were few high-tech companies.
Bao Junyi swore in his heart that he must change the economic positioning of Hong Kong and that industry must become the pillar industry of Hong Kong in the future.
Let Longguo’s technological research and development path be less bumpy.
"As long as you know what's going on," Bao Yugang said with relief.
Bao Junyi and Bao Yugang talked a lot until midnight.
"Dad, I'm going back to my room first. You should get some rest early too."
Bao Junyi went back to his room alone and packed up.
After washing up, I lay on the bed and began to think about what would happen next.
Industry cannot do without financial support, and finance cannot be separated from industry, otherwise there will be no underlying foundation.
In the end, Bao Junyi still adopted the history of Li Jiacheng's rise to wealth in later generations, with industry as the skeleton and finance as the flesh and blood.
Continue to grow and gradually expand in scale.
Most of the profits from the game in the past two years have been invested, and there is still not enough money to acquire the Audi car brand.
This year's dividends will not be available until the end of the year.
Before returning to China, he acquired an automobile factory and a research and development center, and used the rest to buy spot gold.
I started buying from Miracle Games’ first dividend, and now I have invested a total of 120 million US dollars in gold spot.
If you have enough funds, you can also buy some spot crude oil and stockpile it.
Bao Junyi sighed, "The money I have is still not enough to spend. There are too many places to spend money."
Bao Junyi was thinking about where to get the money next.
Suddenly, I thought of the most famous battle in Hong Kong, which was also a case of pioneering a new acquisition method and no money was spent on the acquisition.
The battle between Heung Kong Land and Dairy Farm.
At the same time, the Hang Seng Index of the Hong Kong stock market will break through the 1,700 point mark next year, and then fall all the way and finally be halved.
During the oil crisis in 1973, the price of oil rose from $1.8 per barrel to $10 per barrel.
Then, the United States canceled the peg between gold and the US dollar and adopted the peg between oil and the US dollar. The price of gold skyrocketed from US$35 per ounce to US$186 per ounce.
After the pullback, it continued to rise to a short-term historical high of $850 per ounce in 1980.
Bao Junyi fell asleep while thinking.
In the next few days, Bao Junyi stayed at home with his family and did not go out.
It was not until the afternoon of the third day that Bao Junyi received a call from Huo Zhengyu, the third son of the Huo family, who was also Bao Junyi's good friend.
He was invited to attend the second-generation gathering in Lan Kwai Fong tonight and was specifically emphasized that he must attend.
Bao Junyi knew Lan Kwai Fong. It was the bar street in Hong Kong in later generations and was very lively every night.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!