Chapter 98: Miracle Group becomes the "landlord" of Hong Kong?



Qiu Shuzhen opened the folder and reported, "Currently, Miracle Group owns the Audi brand, Miracle Auto, a US auto OEM factory, Miracle Aviation, a 34.6% stake in Miracle Games, a large Miracle steel plant, a Miracle R&D center, and a Miracle Industrial Park."

"In addition, there is the newly established Miracle Heavy Industry, as well as the acquired real estate industries such as Wharf Holdings and Hutchison Whampoa."

As for the hidden companies, there are Bank of East Asia, Hang Seng Bank, Fat Tiger Fund, etc. Now only Bao Junyi and two or three core people know about them.

"Currently, companies generating revenue include Audi, Miracle Auto, and US auto OEMs. This year's profit is $1.288 billion, mostly driven by sales from the two major auto brands. Furthermore, the majority of orders came from the Paris Motor Show."

"As for Miracle Games, after the recent turmoil and the significant decline in sales this year, their profits this year are only $762 million, and their stock price has fallen to $126 per share, and is even trending downwards."

"If Miracle Games reserves $262 million and distributes $500 million in dividends, our group will receive $174 million."

"At the same time, the spot gold purchased in 1973, with $800 million and 10x leverage, was bought at over $130 per ounce. Over the past three years, the spot gold price has climbed to $289 per ounce."

"This year, the group's total profit was US$1.462 billion, excluding stocks, hidden assets, and recently acquired companies."

After hearing this, Bao Junyi nodded with satisfaction and said, "The Miracle Group's car brand has finally made its way abroad."

"Now we can recruit distributors and screen those that meet our requirements. I'll leave this matter to you, Lao Jia."

"Guaranteed birth, leave it to me and rest assured."

Qiu Shuzhen continued to report, "In terms of expenses, there is the final payment of US$2.8 billion from the US Steel Corporation, and the US$1 billion invested by Bank of East Asia and Hang Seng Bank. These two sums of US$3.8 billion were previously reserved and have not been touched.

"As for Miracle Group's other expenses, including the expansion of the Miracle Industrial Park, the upgrade of factory production equipment, recruitment at the Miracle Steel Plant, and the relocation of the Audi factory in Germany, a total of $326 million was spent."

"Among them, the Miracle R&D Center has undergone a large-scale expansion, and R&D projects have continued to increase. This year's R&D funding has reached 1.5 billion US dollars, and the R&D center has reported a budget of 2.2 billion US dollars for next year."

"This year, the group expects to earn $1.462 billion and spend $1.826 billion, excluding funds from stock market acquisitions."

Jiang Wenlong quickly interrupted, "Mr. Bao, you know that the R&D center has too many R&D directions you requested. Moreover, R&D talents are constantly being recruited, which results in a continuous increase in funding."

"However, we have made a breakthrough in chips and developed the MOS 6502 chip, which uses a series of electronic components to form a chip system. However, the chip system is still relatively simple."

Bao Junyi was surprised and asked, "If it is equipped with the MOS 6502 chip, can arcade games be played on the TV?"

"It's guaranteed to be a student, but most of it isn't working right now. We can only implement the basic game graphics and gameplay."

"If we want to make all the Miracle games available on home consoles, the MOS 6502 chip needs to be optimized and improved."

After hearing this, Bao Junyi thought of Sega, Magnavox Odyssey, Atari 2600, Subor and Nintendo FC (Family Computer). The process of developing home game consoles was completed by adding improvements on the basic chip.

"Old Jiang, I've approved next year's budget."

"However, I only have one request: prioritize the development of chips that are compatible with the Miracle Game. This is the only way our group will avoid the danger of running out of funds in a short period of time."

"After all, our competitors, such as Atari and Nintendo, are now catching up. From what I understand, they may launch home game consoles next year."

"So, Old Jiang, your task is arduous. You must develop a chip that is compatible with the Miracle Game by the end of this year."

Jiang Wenlong said with a firm look: "Guo Sheng, I won't let you down!"

Bao Junyi looked at Jiang Wenlong's expression and nodded with satisfaction. He also knew what kind of person he was: a typical science and engineering man with a high degree of education and low emotional intelligence, a person who could get things done.

Moreover, a person can stay in the laboratory for several days without leaving, and all eating, drinking, defecating and urinating are done in the R&D center.

That time, it was Bao Junyi who gave the order, not letting them do this, because their bodies would not be able to bear it sooner or later, otherwise... They had finally found a talent, but they lost it themselves.

Seeing that the conversation was almost over, Qiu Shuzhen continued, "In addition, Wharf Holdings and Hutchison Whampoa are being split up and restructured, and Miracle Heavy Industries has also been formed."

"At present, the budget for this area has not been calculated by the finance department, but it is estimated to be quite high."

"Therefore, Wharf Holdings and Hutchison Whampoa own a large amount of land in Kowloon, Tsim Sha Tsui, the New Territories, and Hong Kong Island. Wharf Holdings is positioned as a real estate company in the future, so it will need a large amount of capital in the early stages, or it will have to borrow from banks."

"At the same time, due to the current relationship between Miracle Group and major European and American financial groups, the group is worried that if its funds run dry, they will launch a joint attack. At that time, Miracle Group will be in a more passive position. Therefore, it dares not to take on large-scale debt."

"Also, Miracle Heavy Industries needs to invest heavily in the research and development of ships, which requires the construction of a large shipyard and the recruitment of various talents."

Bao Junyi held his forehead, feeling a headache because the group's funding gap was too large. Previously, Miracle Game had made a lot of money in the US stock market with the Lauren family, Keswick and Morgan Consortium in the stock market game, which alleviated the urgent need.

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