The Industrial Giant Reborn - Chapter 636
c627 The “cultivation” of Huawei and the opening of Hong Kong Disneyland
“Chen Sheng, I have an idea.” Zhou Jiayang paused and said.
“Tell me about it?” Chen Zhiwen asked. What could make Zhou Jiayang hesitate like this must be a big plan. Otherwise, as a Fortune 500 CEO, he could just make his own decision.
Yes, Hutchison Whampoa has entered the Fortune Global 500, but it is not the well-known Forbes Global 500 list, but the Fortune Global 500 list, ranking 426th. It is equally beautiful and beautiful. Red Bull, Disney, and Costco have all entered it. In other words, Chen Zhiwen owns five Fortune 500 companies, although they are all relatively low in the rankings.
In later generations, Forbes 500 is a list based on a combination of comprehensive assets, profits and other data of companies, while Fortune directly looks at sales, so if Forbes ranks it, Hutchison Whampoa’s ranking may be higher. , after all, there are so many large-scale infrastructure projects, and the assets are terrible. Looking at sales alone, they are not much. Just like Land, it did not enter the ranking because its value lies in so many high-quality properties. The sales volume derived from pure rental collection is very low, but its net profit is lower than many top 500 companies ranked below 400.
Of course, for a company, the most meaningful thing is net profit and development trend. However, it is impossible to rank the former because many large companies will have low profits or even losses in a certain year, while the latter is fundamental. There is no quantitative method. In fact, Midea is the one with the highest value. The profits of games are really too high. This huge profit industry, whether it is in the 1980s or 1990s and after the 21st century, will always be a high-profit industry.
Zhou Jiayang said: “Hutchison Whampoa has entered the telecommunications field in recent years, and the equipment purchased are all purchased from Europe and the United States. The prices here are too expensive. Can we consider purchasing from the mainland? Or, in other words, Hutchison Whampoa buys a company like this company, and then move to China for production?”
“Your idea is good, but it is a bit difficult to implement.” Chen Zhiwen said: “The technology in this industry is still very high, and there is also a monopoly technology trend. Within a short time, it will definitely become an exclusive product in developed countries. You want to acquire I’m afraid it will be very difficult, let alone moving the factory to the mainland.”
The field of information transmission is a combination of countless multi-directional patents. Whether it is current 2G or future 3/4/5G, etc., it is a combination of technologies from many companies, but most of them must be from developed countries. Especially now, it’s almost 100%. In fact, even decades later, only a few companies in China will be able to challenge this field.
Chen Zhiwen has paid more attention to research and development in this area a long time ago. However, the focus is not on communication base station technology, but on terminal mobile phones. This is a different positioning. When he has his own terminal retail resources, he naturally tends to be more focused on it. Develop your own mobile phone brand. Therefore, when it comes to base station equipment technology, Midea does not have any technical reserves. In fact, it is impossible for a company to be so omnipotent. It can be very successful if it can concentrate on making a good mobile phone brand.
“We have to give it a try. We don’t need to get involved. Just learn from Galaxy and use our orders to cultivate suppliers. Or, encourage some European and American manufacturers to invest in China, or even form joint ventures.” Zhou Jiayang said: “According to According to your plan, we will invest in large-scale signal base stations in Europe in the future. If we do not have a certain degree of autonomy in this regard, not only will we not be able to reduce costs on such a large scale, but we may be united by these companies and slaughtered.”
“Well, you are right. Speaking of targeted training, there is a company called Huawei in Shenhai City. I invested in it two years ago. You go to them and see what they can do. As long as they feel confident, then Even if I borrow money, I can support them.” Chen Zhiwen thought for a while and said.
For companies with potential in the future, such as Haier, Tsingtao Beer, Jianlibao, etc., he naturally invested in these companies in their early stages of establishment, and Huawei was one of them. However, after all, Huawei in 1988 was still too small, so he He did not come forward himself, but entrusted others to operate it, and finally obtained 20% of the shares.
Such a large number of shares would be unimaginable in later generations. In the original history, when Huawei became successful, it would be difficult for outsiders to invest in it. However, this was not the case in 1988. There were still opportunities at that time.
Chen Zhiwen doesn’t care about what happens next, and lets history develop on its own. After all, in the early days of this industry, the main market was domestic, and Chen Zhiwen couldn’t control this aspect. In the middle and later stages, Huawei relied on itself to fight, and he couldn’t control it either. Maybe, This investment is a purely economic investment. In the early stage, the only thing he can do is give money.
However, if Hutchison Whampoa really wants to cultivate potential suppliers in China, then Huawei is the best choice. No matter what the scale and technology of Huawei are now, it must be unique in being able to develop to the scale of future generations. In particular, the founder’s own ability and persistence are must-haves for any successful large enterprise.
The external environment cannot be said to be unimportant, but as long as you have the ability, there is always a high probability of success. In its original history, Huawei was engaged in making telephones in the early days. However, in this market, as early as 10 years ago, It was defeated by a joint venture between Midea and a state-owned unit in Yanjing. Huawei today is obviously not as good as it was in history. But if it can turn to the development of wireless communication equipment, it can not only help Hutchison Hutchison reduce costs, but also Develop on your own, so that you can eventually give back to Chen Zhiwen, the investor.
“Huawei? Okay, I will arrange for someone to ask.” Zhou Jiayang nodded and said. They were all recommended by the boss. He must focus on it. If it succeeds, it will be good. If not, there must be enough reasons. .
“Okay, that’s it. Now, when European and American capital doesn’t pay enough attention to communications companies, or dare not invest heavily, we need to increase our weight. In those medium-sized cities, as long as we invest quickly, then basically Even if we have a monopoly, this is the real huge profit, and it may also be the last huge profit in the infrastructure field.” Chen Zhiwen added.
As long as you control the communications market, you will control the traffic in the future Internet market. This is the fourth basic living infrastructure that human society must need after water and electricity. In this era, no one has ever experienced it. , it doesn’t matter to anyone, but after a few decades, many people will feel panicked and afraid when their mobile phone power is less than 50%. What should they do if they suddenly lose the Internet or can’t answer the phone? Even if they don’t eat a meal, it will be worse than I was without my phone for less than half a day.
Of course, no matter how relatively free Europe is, it is still the territory of white people. They may have a natural rejection of Asians. If it were not for maintaining “global free trade” that allows them to obtain higher benefits in developing countries, they would also You will never give up your market just like this. Even if you have the vision to invest first, they may hold you back later.
Therefore, Chen Zhiwen is not really planning to monopolize the communications industry. This is actually impossible. He only needs to be able to obtain a part of the market, which is enough. This is not like an expressway. Once the first one is built, it is impossible to build the second one. There are so many communication companies in later generations, and each one has its own signal station. If you start in advance, you can at most gain an early advantage, but this is enough. This will be a very huge market, and It is very suitable. If you invest a large amount of your own capital in the United States, you can also avoid the risk of putting all your eggs in the same basket.
As for the training of Huawei, Chen Zhiwen is also very happy. Although based on the current scale, capital structure and various aspects of Midea, Midea will definitely become a super giant in the future, bigger than Huawei in history. But in terms of technology research and development, For one piece, there is a high probability that it is still incomparable.
It’s not that Chen Zhiwen is reluctant to invest in R&D, but it is purely a matter of capability. In its original history, Huawei was simply a miracle in the history of science and technology. A company has made unprecedented achievements in many core fields such as signals, solar energy, motors, automobile intelligence, and mobile phones. There are advantages. This is definitely not just a question of how much money you need to invest, because just look at how much money you have? Aren’t there more apples?
In the future and even now, Midea will invest a lot in research and development. In addition to the gaming, software and computer fields that can quickly create profits, it has also begun to gradually invest in basic technology fields, such as the research and development of lithium batteries, solar technology, He also hopes that in the future, Midea will be able to reach Huawei’s R&D capabilities in some fields, such as R&D in the signal field. However, he doesn’t know whether it can achieve this or how sure it can be successful. This is uncontrollable.
Therefore, Chen Zhiwen still hopes that Huawei can rise as it did in history, or even be more successful. He is also happy to give a large number of base station orders for wireless signal transmission, so that we can grow together.
When the mainland’s economy develops into the “middle class trap” stage in the future, what is most needed is breakthroughs in high-end technologies, such as the electronics industry, automobile industry, chip industry, medical industry, aerospace heavy industry, etc., in order to integrate the 1.4 billion people into When the economy reaches the level of developed countries, these industries must all take advantage of it.
…
Things in the future have already caused too many changes because of Chen Zhiwen’s butterfly effect. He can only eliminate some bad things and support some good things to a certain extent, but I don’t know whether he can succeed. Do what you have to do, and the rest depends on fate.
Perhaps because of his existence, a certain giant in the future may die at a young age due to market changes. This is also possible. Similarly, it is also possible that the person who originally died may survive and eventually grow into a giant. Everything depends on God’s will.
However, that is uncontrollable in the mainland. In Hong Kong, it is relatively simple. The first is that the market is small and the population is small. The second is that the development direction is single, focusing on real estate and finance, supplemented by the service industry, and various manufacturing industries. , except for some of Chen Zhiwen’s industries that were deployed in Tin Shui Wai, the others were basically abandoned.
In fact, housing prices in Hong Kong are already too high. Just this year, the average price of mid-to-high-end main houses in Hong Kong exceeded 11,000 square feet, which is higher than it may have been in history. This may also be because of Chen Zhiwen’s influence. After all, , Midea Red Bull is too large in the world, and even if it is only a small part, it will be enough to improve the base of Hong Kong’s economic level, especially a large number of high-paying jobs. Even if the production end is moved to the mainland, R&D, quality control, and marketing can Operations, procurement, administration and other departments are still in Hong Kong. In addition, Hutchison Whampoa and Land are more successful than before in history, creating more jobs and investing the same amount of money.
And, Disney.
This American company built the world’s fourth Disneyland in Hong Kong as early as 1986. After spending four years, it was finally completed.
On June 16, 1990, Hong Kong Disneyland officially opened its home venue.
Not to mention Hong Kong, even in the whole of Asia, this will be considered a hot news in the future. Worshiping foreigners and favoring foreigners is definitely not the unique thinking of many people in the mainland in later generations. In fact, when the economies of Japan and South Korea in the West are stronger, people from anywhere in the world It is the same in Africa, South America, and Southeast Asia. Worshiping the strong is a biological instinct. The United States has powerful media promotion channels and capabilities, which naturally makes it easier to bring its own ideas and culture to the world. This is the case for many Disney cartoon characters.
As a Disney park of rare scale in the world, its purpose is not to make much money from the park, but to maintain the high popularity of the entire IP. With traffic, the various peripherals can make more money. However, This does not prevent Disneyland from becoming one of the best places in the world for children or the whole family.
Chen Zhiwen arrived at the scene early in the morning. At this moment, a large number of security guards and police were maintaining order. Outside, there were many reporters and a large number of people preparing to enter the park.
The opening of Disneyland can be said to be the biggest news in Hong Kong. Chen Zhiwen was also willing to promote it. Therefore, he invited almost all political and business celebrities in Hong Kong. These people also gave Chen Zhiwen face and basically came over.
“Hello, Mr. Governor of Hong Kong.” Chen Zhiwen said politely to Governor Wei Yixin.
“Congratulations, Mr. Chen, the Disneyland we have been looking forward to for four years has finally opened. I hope we can work together. Under the protection of the British Empire, Hong Kong’s economy will get better and better.” Wei Yixin said with a smile.
“Hong Kong’s economy will definitely get better and better.” Chen Zhiwen said with a smile.
Hong Kong’s economy has nothing to do with a fallen empire! If it were not a window to the mainland, it would be at a second-tier level at best. However, the Hong Kong government still needs to give face.
After the two chatted for a while, other wealthy Chinese people also came to congratulate them. It was rare for everyone to get together. Over the years, everyone had worked very hard and made too much money. The Hong Kong real estate market was taking off like a rocket. All of them people have made huge profits from it.
“Sheng Bao, how is your health?” Chen Zhiwen walked up to Bao Yugang, who looked unhappy, and asked.
Because of his early intervention, he invested heavily in building the world’s top medical examination hospital in Hong Kong. It not only served his family, but also facilitated many Hong Kong rich people. Pao Yugang was one of them. Because of his cancer, he was more than It turns out that it was discovered earlier in history. As long as it is discovered early, it will be much easier to treat.
“Last month in the United States, it was an operation and it is still in the recovery stage.” Bao Yugang said.
“Recover well. When you get better, we still have a lot to work with,” Chen Zhiwen said.
“Haha, in my case, I’d better not think about this for now. Even if I recover, I probably won’t live long at my age.” Bao Yugang shook his head and said, but he seemed to despise life and death.
“Technology is still developing, and the future is still uncertain.” Chen Zhiwen could only comfort him. It is difficult for politicians and rich people to resist cancer. Even if it is cured, future life and life expectancy will be affected. .
There is no way to change this kind of thing, whether you get cancer or not, the high probability is determined by genes, and the small probability is due to changes in acquired living habits. Many statistics in later generations also confirm this. What people can do is to try to control the small probability of acquired living habits. However, as a group of super rich people, resources are still very abundant. In the past few years, Chen Zhiwen spent large sums of money to invest in many genetic research teams, including some mainland institutions that also obtained investment and related high-end equipment. This investment is not for making money, but for In order to accelerate research and development in this field, there may be a certain probability that it will be useful to yourself or your family.
“What I want to do now is to retire safely and arrange the future for my descendants.” Bao Yugang said again.
“Yes, we should all do these things.” Chen Zhiwen nodded and said. Although he is much younger and does not need to consider the situation a hundred years from now like Bao Yugang, Chen Zhiwen himself also has his own special place, so Even if the scale of my own assets has reached a very high level, even if it will increase in the future, there will basically be no new industries that can be involved.
So far, he has not been involved in industries that he will not be involved in anymore. He is not going to run the Internet industry by himself. Instead, he will learn from Sequoia Capital or Masayoshi Son and adopt an investment model. No, but without a strong background, unique management capabilities and technical team, there is a high probability that it will not succeed. I don’t have the brains, so it is better to adopt the investment model.
And even if you really succeed in one Internet field and monopolize the world, it is unlikely that you will invest in other fields.
“I heard that Chen Sheng has invested heavily in the mainland recently?” Bao Yugang asked.
“Yes, the mainland is my focus of investment in the future.” Chen Zhiwen said.
“Haha, good. I am really happy to see the motherland’s economic rise and all the people living a good life. Looking back on the 1930s and 1940s, people’s lives at that time were really not easy.” Bao Tamaki said with emotion.
“Yes.” Chen Zhiwen nodded and said. If he had traveled back to the 1930s, maybe it would be a different story. Of course, he must have a powerful golden finger, otherwise he would not survive for three days.
“Does Chen Sheng have any plans to go to the mainland recently?” Bao Yugang asked again.
“Yes, in half a month, I will go to the mainland every year or so to focus on some matters.” Chen Zhiwen said. Although the phone is convenient now, even in the WeChat era, many things are better discussed in person. There are also some things that Chen Zhiwen needs to see in person.
“Haha, okay, take me on a trip. I also want to go to the mainland.” Bao Yugang said with a smile, “It’s just for fun, nothing commercial.”
“No problem, you can use my plane as you like.” Chen Zhiwen said generously. (End of chapter)