Chapter 23: Huasheng Investment's Struggle in 1985



Liang Dingwen looked at everyone and saw that they were all there, then looked at Xiao Zhen, who nodded.

"Then let's get started. Mr. Shi from Phoenix Media, please start first." Liang Dingwen said

"Be concise and don't be long-winded." Xiao Zhen reminded

He had seen his second uncle hold a village meeting, where he talked a lot and rambled on.

And Director Lin from their school came to a meeting with elementary school students and talked about all sorts of things and became more and more self-indulgent.

In wartime, such people will miss opportunities because they often fail to get to the point and just talk too much.

Xiao Zhen is a tough guy who survived the war, so although he is small, he has experienced a lot.

Shi Nan immediately opened the briefing and said: "When Phoenix Media was established, it received a total investment of US$380 million from the headquarters.

As of January 1986, Phoenix TV has been broadcasting as scheduled for one and a half months.

The ratings account for 65% of the market share in the city and 53% of the Chinese channel market in Asia, covering a population of 280 million. It is actually the largest Chinese channel in Southeast Asia, with a net advertising income of HK$1.024 billion.

Next year, the two latest shows "Super Girl" and "Singer" will be launched in July and December respectively. They will be large-scale civilian talent shows and PK competitions combining indoor and outdoor activities, and highly professional elimination rounds for professional singers.

Phoenix Cinema Line currently has a total of 4,200 screens across Greater China, excluding mainland China, Southeast Asia, and other countries in Asia, making it the largest cinema chain outside of Japan.

Phoenix Film's opening films "The Bleeding House" and "Home Alone 1" earned 240 million and 390 million Hong Kong dollars respectively.

The company's investment in "National Treasure 1" distributed profits of US$47.6 million, and the copyrights of three TV series were sold for HK$84 million, totaling HK$1.086 billion.

Next year, we plan to invest HK$400 million in the Jiangnan region of mainland China to build our own film and television base. It is expected that the cumulative investment will reach HK$1.5-2 billion and will be completed in 5 years!

Phoenix Publishing's total profit this year is HK$120 million. Report completed!

After the applause, Yamashita Zhiyou, President of E-Auto Group, began his report: "Chairman, colleagues, let me now report on the relevant situation of E-Auto Group from 1984 to January 1985.

Since the launch of the E-Go off-road vehicle in December, a total of 350,000 units have been sold, with 110,000 unfulfilled orders and cumulative sales of US$34.65 billion.

Other models have driven cumulative sales of 35,000 vehicles, totaling US$525 million in sales and a gross profit of 14.07 billion.

However, the production capacity still needs to be expanded. At least the Yangwang series needs to be expanded to an annual output of 1 million to 1.5 million vehicles.

The entire group will achieve a scale of 2 million to 3 million vehicles,

Currently, the three major R&D centers around the world have 8,600 people in various related research and technical personnel, and R&D funds must be set aside for at least US$2 billion."

Kenjin Omatsu, President of the Rising Sun Technology Group of America, began his report: "Dear colleagues, let me now report on the relevant affairs of the Rising Sun Group. As of 1985, the annual cumulative investment in research and development has reached 1.8 billion US dollars. Currently, we have achieved the supply of chips for Huaguang handheld game consoles and calculator chips for other Asian companies.

Cumulative sales reached US$360 million, with gross profit of US$240 million.

Currently, we are recruiting more than 6,500 R&D personnel. In 1986, we will produce 10,000-line program-controlled telephone systems, key wireless and wired telephones in the communications category.

We have already obtained the corresponding patent authorization for mobile phones, and the research and development of various modules is being carried out step by step. We expect to supply some parts to friendly companies by the end of 2007.

The computer will be released worldwide in May, and patents for the keyboard and mouse have been applied for!

We are working hard to catch up in semiconductor R&D, but we must continue to invest. Chairman, my report is complete!

Next up was Liang Dingwen. "Dear colleagues, as Mr. Tottori is ill, I will be reporting on behalf of Paradise Real Estate. Through product innovation, Paradise Real Estate has been committed to developing world-class ultra-luxury residential and commercial complexes. Currently, the Tokyo Bay Forest City project is progressing steadily, with the main building now having four floors exposed above ground.

As of January 1987, the accumulated equity and project income of urban projects amounted to US$18.2 billion.

It is expected that the concentrated delivery period will be between 1986 and 1987, with a total of US$12.4 billion being handed over to the parent company, and the rest being pre-investment funds for global project construction.

Among them, its own global land resources have an inventory of mu, and the Japanese market has an inventory of mu, with an apparent book value increase of 34.8%.

According to the parent company's plan, after completing the construction and delivering existing urban projects to owners, Paradise Real Estate will no longer continue to invest directly in construction, and will transform its function into an operator of ultra-luxury commercial buildings.

I will now report on the financial sector. Currently, the branches and business outlets of the American International Commercial Bank are as follows:

There are 3 in America, 5 in Japan, 8 in Greater China, 5 in Southeast Asia, and 4 in Europe and the Middle East, totaling 25 sub-branches and 4 branches.

The International Commercial Bank of America has 2,860 tons of physical spot gold, 2,560 tons of customer deposits, US$24.5 billion in deposits, US$25.6 billion in loans, and US$11 billion in own reserves.

The financial investment stock market has accumulated a total investment of US$4.5 billion, and the total foreign exchange trading income is US$29.3 billion.

In 1985, Huasheng International Investment Group's total revenue was US$52.6 billion, its expenditure was US$18.3 billion, and the balance was RMB 34.3 billion. Report completed!

"Next year, 4 billion will be allocated to Yige out of the 12 billion. The remaining 8 billion will be invested in Americas Sunrise Technology to focus on strengthening the accumulation of semiconductor chip process technology and the layout of the entire industry chain. If that is not enough, we will invest another 5 billion US dollars to accelerate the introduction of talent. Don't be afraid to spend money.

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