Protagonist: Bao Junyi
【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】
Bao Junyi arrives in 1972.
Bao Junyi transmig...
"Currently, among our Miracle brand, only Audi cars are popular with the public. The others are not very good."
"So, if they unite and squeeze our economic resources, causing our companies to run out of funds, they can curb our development or force us out of the European and American markets, or even come out and acquire us directly."
Jia Yuezheng said: "Bao Sheng, what should we do?"
"If European and American car brands can only curb us in the luxury car market, they can stop making profits from luxury cars, or even suffer losses, and drag us down."
Bao Junyi was silent for a moment before saying, "You should contact European and American Sakura and other regions and find some medium to large distributors to cooperate with. Let us give out our agency rights to some people who have a certain status or prestige in the local area. Otherwise, it will not make much sense. Do you understand?"
"Bao Sheng, you want to..."
"Yes, Audi's latest car models are selling very well right now. Many discerning people would consider acquiring the agency rights. After all, acquiring the rights would be like a goose that lays golden eggs."
"By then, our pressure will be reduced. Although some profits will be distributed, we will have to go down this path sooner or later. Otherwise, we won't have enough funds to build cars and open direct-operated stores. At most, we can open one direct-operated store in a larger state or province or city."
"Bao Sheng, you really think of everything. No wonder you are the boss and I am the employee."
"Stop flattering me. Do some research and find someone who's suitable to endorse our car. We should also find a spokesperson with some influence to promote it."
"Okay, Baosheng, I'll arrange it right away."
Bao Junyi shouted, "Wait a minute, I have to go to the United States tomorrow. Miracle Games will be launched soon. If there is anything important from the group, please call me immediately."
"OK."
Bao Junyi looked at whether he needed a secretary. In his office at the Wharf Building, he found that many things were not important and he could just hand them over to the secretary to notify. It was a nice treat occasionally.
While Bao Junyi was thinking about what type of secretary to choose, Yuan Tianfan knocked on the door and walked in, saying, "Mr. Bao, the share sale contracts with Hang Seng Bank and Bank of East Asia, as well as the confidentiality agreements, have been signed."
"We have already arranged for some recent and promising employees to move over. Through simple adjustments, some core positions have been replaced by our people. Fortunately, with the cooperation of Mr. Li and Mr. He, there has been no impact on operations."
"That's good. We absolutely cannot expose our group. Our group is already exposed to the public, so we must hide some of our methods. Otherwise, if they see through our bank statements, it will be easy to deal with us."
"Understood, Baosheng, I will be careful."
"Ahem... ahem, I've been busy with work lately and can't handle a lot of things. Please contact HR and ask them to help me select a few secretaries."
"We only want girls who are talented and capable and under 30 years old, otherwise there will be a generation gap in communication," Bao Junyi said seriously.
"Guaranteed! I understand this. Don't worry, I will ask HR to recruit someone who is good at the job and has strong abilities." Yuan Tianfan replied with a smile.
"That's not what I meant. I just feel like I'm too busy at work right now and need someone to remind me."
"I understand, I understand, I understand everything, no need to explain."
"What do you know? Get out of here..." Bao Junyi angrily drove the man away.
When Bao Junyi was angry, the finance officer came in with the account book.
"Mr. Bao, this is the company's first half financial report and audit documents."
"Okay, put it aside. I'll take a look later. What are the group's current expenses?"
The financial officer said seriously, "The company originally had $14.28 billion in its account. After nearly a year of spending, US Steel made a 30% down payment of $1.4 billion, formed a mercenary force and paid Wang Gang $1 billion, Wall Street's Fat Tiger Fund paid $2 billion, and the Miracle Research and Development Center allocated $1 billion."
"Also, the Wharf acquisition battle cost us HK$3.8 billion (approximately US$730 million). Since we secretly accumulated most of our capital in the early stages, our cost of building a position in Wharf was relatively low. It was only during the final acquisition battle that the majority of our expenses came from, as well as the acquisition of Paul's remaining shares."
"As for the other companies that secretly accumulated funds, including Hutchison Whampoa, Hong Kong Land, Hang Seng Bank, and Bank of East Asia, their total expenditure was around HK$4 billion, or approximately US$800 million, with an additional US$200 million spent on acquiring Hang Seng Bank and Bank of East Asia."
"Also, there will be another $1 billion injected into the merger later, but the merger has not yet taken place and no payment has been made."
Bao Junyi listened to the report and looked at the financial statements. He felt helpless and couldn't complain. Money was spent like water!
Bao Junyi continued, "How is the group's revenue now?"
"Currently, our main sources of revenue are the Miracle Auto factory, the US factory, Audi cars, and Miracle Games. Most of this comes from new Audi models. We sold 58,000 in the first half of the year, including 12,000 older models. The rest went to expenses. After deducting employee salaries and bonuses, our total profit for the first half of the year was $340 million."
"Currently, the company's account balance is $7.15 billion, with a profit of $370 million, for a total of $7.52 billion."
"Are there any other expenses that have not been paid?"
"Right now, only Miracle Bank, formed by the merger of Hang Seng Bank and Bank of East Asia, needs an injection of US$1 billion, and US Steel Corporation needs to pay US$2.6 billion after the steel mill equipment is completed and tested. However, this payment may not be made until one or two years later. There are no other major expenses."
"Okay, go out and get busy."
Bao Junyi was thinking about purchasing advanced machine tools and lithography equipment, which might cost billions of dollars. Given the current situation, Bao Junyi would purchase as much as he could. Later, when the Miracle Industrial Park was completed and aviation projects were carried out, more sophisticated parts would be needed. Without a large number of advanced machine tools and equipment, core parts could not be produced, and testing would be difficult, not to mention large-scale mass production.
Miracle Group is in need of money everywhere. If it weren't for the bull market in precious metals in the past decade, Bao Junyi would have easily run out of funds if so many of his major projects, all of which were cutting-edge in the heavy industry sector, had been launched at the same time.
This time when Miracle Games goes public, try to cash out as much as possible and reap the benefits from the Bomi people. Otherwise, after purchasing the machine tools and lithography machines, there will be no money left.
If possible, we will take advantage of this period to acquire some potential companies in small and medium-sized machine tools and lithography machines, relocate them back to Hong Kong, and settle in the Miracle Automobile Industrial Park.
This can be left to Michael to try. He can secretly purchase the shareholders' shares, acquire the core team's shares at a high price and take control, and let them manage it without interfering in R&D and operations. At the same time, he can provide free venues and financial assistance, and then move the entire company back to Hong Kong.
Time passed quickly as Bao Junyi was thinking about the future development of Miracle Group.
The next day.
Hong Kong Kai Tak International Airport.
Bao Junyi chartered a plane to New York, USA, with bodyguards, lawyers, engineers and other relevant teams.
This trip to the United States is not only for the launch of Miracle Games, but also for the purchase of advanced machine tools and lithography machines, and requires the presence of a team of lawyers and engineers.
A huge team of nearly a hundred people flew to New York, USA, and went to Wall Street first. Miracle Games was going to go public and ring the bell the day after tomorrow, so they had to get money first.