Chapter 954

Zhang Yaping also hasn't been to Jianye for some time. Philips's business focus is not Jianye. When he comes to Jianye again, he is no longer the president of Greater China of Philips components department. His new identity is senior vice president and President of components Department of IDA group.

When I came to Jianye this time, I found that Jianye had changed so much in a short time.

"I can't imagine," said Zhang Yaping, standing on the cemetery square on the north slope of Yangui mountain, overlooking the direction of oak garden and Xuefu lane, "When I went to Jianye on business the winter before last year, I took a bus through this area. Except for the school buildings of Normal University and Dongda University, the North Bank of Yangui lake was no different from ordinary messy small towns. At that time, Donghua Avenue had just been built, and there were messy houses along the street. In just over a year, who could have thought that there would be such a beautiful scene. I think we will stand in the near future The place will become a famous viewing platform in Jianye, and maybe... "

Nearly 1000 mu of land between the North Bank of Yangui lake and Normal University and Dongda has been developed, and the Xuefu Lane between Normal University and Dongda has been completely demolished and rebuilt. The construction of Hudong business district was started at the beginning of the year. At this time, Yanhu bieyuan villa area with an area of 200 mu in the northeast corner of Yangui lake has been fully completed. In addition to high-end apartments and commercial streets, the buildings in this large area are mainly experiments with the theme of oak garden The park and entrepreneurship Park, the lakeside leisure green space on the large side and the vegetation in the residential area are mainly oak trees. Standing on the Yangui hillside, you can look at this area. When the color of oak leaves changes in early winter, a large area of land is full of rich colors such as golden red, golden yellow, mud yellow and light brown, which is beautiful, as if it were wrapped with a colorful scarf on the lakeside of Hubei, and the water of Yangui lake It is as clear as a huge Jasper embedded at the foot of the mountain, and then connected with the green and lush university campus. There is no particularly strong sense of modern city. The whole is like a super large lakeside Oak Park.

In the main construction sites to the east of oak garden area and Hudong business district, high-rise buildings are set up. Although most buildings are under intense construction, they can also feel a strong modern urban atmosphere.

"..." Su Jindong smiled. He was very busy these days. He heard that the scenery looked beautiful from here. He didn't have time to take a look, "People who have free time have been climbing since late September. The oak garden really deserves its name... Not to mention looking down from the mountain, it feels quite comfortable to drive through the tall oak jungle. However, in keshao's view, the scale is still too small. I think he is thinking about the large oak gardens in the west of the United States, which are often tens of thousands of Mu and hundreds of thousands of mu..."

Hearing Su Jindong say so about Zhang Ke's ambition, Zhang Yaping also smiled. Although China has a wide land and thicker people, it is satisfying to have such a pure land in densely populated Jianye city.

Remembering that he could smell the stench of the lake water when passing by Yangui lake the year before last, only two years ago, the water of Yangui lake was as clear as a huge Jasper embedded in the earth. These were the new sights brought to the city by the large-scale advance of Jinhu into Jianye. Zhang Yaping looked at Su Jindong's happy look at the scenery at the foot of the mountain with his hands on his hips and thought: as a driving force behind the scenes A member of the changing crowd, standing on the hillside and looking at the beautiful scenery in the distance, his pride is probably self-evident. With another faint smile, he can more truly feel what kind of future is waiting for him to integrate into Jinhu. Looking around, he is to participate in the senior manager meeting and arrive at the Jinhu senior management of Jianye one day in advance. These people present can say All of them are the best choice in the world. They have gathered under the banner of Jinhu in just three or four years.

Jinhu system takes IDA and Jinhu commercial as the core structure of the whole system, and most of the senior executives who are qualified to participate in the senior manager meeting are the two member enterprises. IDA group has representatives such as Chen Xinsheng, Su Jindong, Ding Huai, Cheng Hanzhang, Yang Yun, Lu Qingsheng and Tan Yunsong. Of course, Zhang Yaping, who has taken up an important position since joining Jinhu, is also included. Although Jinhu commercial is only the beginning Sun Shangyi, ye Jianbin, Ge Mingde, Xiao Jincheng, Jiang Wei, Zhou Yiping and other representatives attended the establishment. In addition, Xinguang paper was represented by Zhou you and Zhou Fu, Xinguang forestry was represented by song Zhiyou, Zhongjing microchip was represented by Liu Zhicheng, xiangxuehai was represented by Tao Xingjian, Chen Mo and ye Xiaotong, and century Jinhu catering and entertainment group was represented by Sheng Qing , century Jinhu real estate was represented by Shao Zhigang, Hongyuan Industry was represented by Zhang Zhifei, Yuexiu holdings, Jinhu holdings was represented by Cai feijuan, Aida Electronics was represented by Fu Jiajun, Shengxin electric was represented by Shao Xinwen, Jinhu Economic Research Center was represented by Cui Guoheng... In addition, Xie Wanqing, who represented Haiyu company, was also represented In addition, 29 people were officially qualified to participate in the senior manager meeting, which also confirmed their identity and status as core managers in Jinhu system.

Zhang Yaping looked at the crowd around him and thought that whoever picked out the 20th and 30th here could be called a choice for a time, but the soul figure who gathered them together was the young man under the age of 21. Zhang Yaping looked back for Zhang Ke and saw Zhang Ke talking with Xie Wanqing standing together. Oh, Xie Wanqing is used to keeping a low profile and not attracting attention, but it is undeniable, Without her firm support, Jinhu would not have a firm foundation for its take-off. There is also ye Jianbin. The Ye family behind Ye Jianbin can be said to be another firm foundation for Jinhu's take-off.

How big is the Jinhu Lake at this time?

After the flood this summer, in order to raise funds for post disaster reconstruction in Jiangnan Province, Zhang Ke and Xie Wanqing jointly transferred 6% equity of Aida group to Guo, he, Ma, Chen and other Southeast Asian Chinese business families at a price of 120 million US dollars, and transferred 6% equity of Yuexiu Holdings at a price of 80 million US dollars. Based on the price of this share price transfer, the market value of Aida group exceeds 2 billion US dollars, The market value of Yuexiu holdings exceeds US $1.3 billion. Yuexiu holdings is an asset management company within Jinhu system. This meeting will decide to integrate Yuexiu holdings into the investment and Asset Management Department of Jinhu commercial. However, these two simple data are far from reflecting the huge structure and scale of Jinhu system with Aida group and Jinhu commercial as the core.

Zhang Yaping officially left Philips on December 5. He didn't give himself time off. He stayed in Haizhou for four days and arrived in Jianye three days in advance. Even if he officially took the post of senior vice president and President of components of Aida group. In these seven days, his main job is to get familiar with the whole structure of Jinhu.

What outsiders are most familiar with Jinhu is naturally IDA electronics.

After backdoor listing, Aida electronics still focuses on disc player business. In early 1997, Aida electronics jointly launched SVCD disc player technology with Deyi and scober, and then Aida electronics separately successively launched SVCD disc technology and ultra-density SVCD disc technology, which determined the position of SVCD in the disc player market in emerging countries and regions with relatively loose intellectual property protection; Ida electronics expects to produce more than 7 million SVCD based disc players in 1998, with an output value of more than 10 billion yuan. Since IDA Electronics was founded the earliest, it will gradually not enjoy the preferential policy of tax reduction and exemption from 1998. In 1998, it will contribute nearly 600 million tax to the finance of Haizhou city. Although the Southeast Asian disc player market still suffered a heavy setback in 1998, the competition in the domestic disc player market is also very fierce. As the first disc player brand, IDA electronics still achieved the annual net profit target of 900 million in its main business in 1998.

As Aida group and Yuexiu holdings have always implemented an active share increase plan for Aida electronics, and the performance of Aida electronics's disc player business in the light market is still good, Aida electronics's performance in the Hong Kong stock market is far better than that of other listed companies. Although the market value maintained at about HK $7 billion has fallen by 30% from the peak, the Hong Kong stock market is full of companies whose market value has fallen by more than half, or even more than two-thirds.

It has been implementing an active share increase plan. The shareholding ratio of Aida group and Yuexiu holdings in Aida electronics has increased from less than 30% to 48% in the past year.

This is probably what outsiders can directly know about Jinhu. Jinhu's shares in IDA electronics have a market value of about HK $3.4 billion; For example, in 1998, Jinhu was able to share an additional $80 million in monopoly profits from disc player decoding chips, which was unknown to outsiders.

This is just the tip of the iceberg. If you can be more careful, you can see the financial situation of Huishan xiangxuehai electric appliance this year from the third quarter financial report released by IDA electronics. Although xiangxuehai has no dividend plan this year, it will not make a direct contribution to the annual net profit of IDA Electronics, However, it can still be seen from the financial report of Aida electronics that Xiang Xuehai's take-off attitude with the help of CCTV advertising.

Jinhu officially intervened in xiangxuehai at the end of the spring of 1996 and injected capital into xiangxuehai twice through Aida electronics and Yuexiu holdings, so that xiangxuehai, a national brand with a history of nearly 20 years in China, obtained sufficient development funds. Its net assets increased to 1.5 billion in a short time, and its asset scale reached 3 billion at the end of 1997. In addition to building a new refrigerator In addition to the freezer production line, it also invested in the construction of a washing machine and air conditioning production line. In 1998, xiangxuehai's brand advertising officially entered the prime time broadcast of CCTV. Xiangxuehai's product sales changed from the decline in previous years and regained the status of "North Haier and South xiangxuehai". The sales of its main business - refrigerators and freezers are expected to reach 3.6 billion in 1998, After the merger of washing machines, air conditioners and other businesses, the total annual sales will reach 5 billion yuan. After deducting the taxes paid, the annual net profit will still reach about 500 million yuan.

Of course, sales of 5 billion yuan and annual net profit of 500 million yuan are only the initial goals of xiangxuehai. In 1999, xiangxuehai will strengthen the development of domestic washing machine and air conditioning market and brand development depth. At the same time, it also plans to extend to the upstream condenser and compressor industry and start the development of overseas market, It is planned to double the above two figures by the end of 1999.

In addition to Aida Electronics Holding 25% of the shares of xiangxuehai, Jinhu also directly holds 51% of the shares of xiangxuehai through Yuexiu holdings.

This is only the tip of the iceberg of the Jinhu Lake that outsiders can learn from public information.

This is the first senior manager meeting held. In addition to discussing the integration of Yuexiu holdings into the investment and Asset Management Department of Jinhu commercial, it also reviewed the implementation process of Jinhu system integration plan during this period and confirmed the cross shareholding plan for the next step. This topic was determined in advance and relevant materials were submitted to the participants in advance.

The "100 cities and 100 stores" plan to strengthen the sales of digital mobile phone terminals has also been officially launched. Aida group and Shengxin electric appliance have invested 500 million yuan to establish Shengxin Telecom to start the digital mobile phone franchise business. Aida group has provided 300 million yuan in exchange for 12% shares of Shengxin electric appliance and 40% shares of Shengxin Telecom. In addition, ye family will further exchange with Zhang Ke, Xie Wanqing, etc The shareholding of Jinhu commercial and Shengxin Electric is to ensure the gradual integration of Shengxin electric into Jinhu system. In addition, it is negotiating with Huishan municipal government to purchase the remaining 24% shares of xiangxuehai held by Huishan Light Industry Bureau by Aida group and fully privatize xiangxuehai electric, which is also preparing for the next listing plan of xiangxuehai.

In addition to developing the largest mobile phone franchise enterprise in China, Shengxin electric appliance has 88 home appliance stores at this time, of which 28 are flagship stores with a business area of nearly or more than 10000 square meters, employing more than 12000 employees and a sales volume of more than 12 billion. It is worthy of being the largest commercial enterprise in China, Although the extensive management mode was adopted in the expansion period, the annual net profit was as high as 700 million.

Once the Jinhu system with Aida group and Jinhu commercial as the core is formed, this system will directly control Aida electronics, the world's largest disc player enterprise, China's fourth largest mobile phone manufacturer, the world's second largest portable music player manufacturer, Aida group, the second largest instant storage disk manufacturer, Xinguang paper, the largest paper enterprise in East China, and Xinguang forestry, the largest forestry enterprise in China, Shengxin electric appliance, the largest household appliance chain enterprise in China, the only wafer factory in China, and xiangxuehai, the second largest refrigerator and freezer manufacturer in China, do not matter more than the above member enterprises, which indirectly control century Jinhu catering and entertainment, century Jinhu real estate and Hongyuan Industry.

To clarify the complex rights and interests within the Jinhu system, Zhang Yaping will feel a great headache even if he gets the most direct information.

Zhang Yaping was also curious: how many assets did Zhang Ke, a young man under the age of 21, have at this time? Based on the price of equity transfer to Guo, Chen, Ma and other Southeast Asian Chinese business families in mid September, the total assets under Zhang Ke's name are almost US $2.56 billion, the assets of the Ye family represented by Ye Jianbin are almost US $800 million, the assets of sun Shangyi and Ge Mingyu are almost US $400 million, and Xie Wanqing has almost US $400 million, Ge Mingjun is almost $200 million. Although Xu Si did not attend the senior manager meeting, his assets should be as much as $150 million. Among the core managers who are qualified to attend the senior manager meeting, in addition to Zhang Yaping, who is a new member of Jinhu and has not yet obtained the equity of Jinhu, other people are also rich in wealth. Among them, Su Jindong and Ding Huai, two yuan veterans who contribute the most to Jinhu, are the richest, with assets of more than US $100 million.

Based on this calculation, the core asset scale of Jinhu system has just reached US $5 billion, which is nothing compared with the international background. The debt scale of SamSung group in 1998 was as high as US $17 billion, and Sony's market value remained above US $30 billion even during the most serious economic crisis, Sony is only a Japanese electronics company controlled by Mitsui chaebol; However, the senior executives attending the senior managers' meeting clearly knew that the core value of the whole Jinhu system would definitely exceed US $5 billion, and could even have a significant impact on the economic and political situation of the Xiaojiang River Basin.

Zhou you walked up to Zhang Yaping and Su Jindong and said with a smile: "in a few decades or hundreds of years, will future generations study the modern economic history of China or the world take this meeting as a shining title like the 'meeting of 29 people'? If we can, we will all keep our names in history..."

Zhang Yaping smiled. At this time, Jinhu doesn't need to hide its ambition. In particular, the convening of this senior manager meeting has marked that Jinhu has the characteristics of a comprehensive industrial consortium.

"Don't ask you to go?" Su Jindong reminded Zhang Yaping to watch Zhang Ke wave here in the distance. Zhang Ke stood with Chen Xinsheng, Xiao Jincheng and Tao Xingjian, President of xiangxuehai electric appliance group, and traveled around to find someone else to talk. Su Jindong accompanied Zhang Yaping.

"Xiangxuehai should start the digital home appliance plan sooner rather than later..." Zhang Ke looked at Su Jindong and Zhang Yaping and said, "Although we want to operate the dual brands of Aida and xiangxuehai at the same time, the internal integration should not be hindered by different brands. The negotiation with Huishan municipal government should be completed as soon as possible. Aida should acquire the remaining shares of xiangxuehai in the hands of Huishan Light Industry Bureau. In addition, the overseas market development of xiangxuehai should be started quickly. Of course, this part of the work should also be handed over to Jinhu The overseas operation Department of the commercial company will operate... "Zhang Ke patted Xiao Jincheng on the shoulder and said, "There will be a lot of pressure on you next year... Jinhu relies on the domestic market as its foundation, but whether it can really take off depends on its awareness of competition in the global market. Only if it can stand up in the global market and fight with overseas electronic giants such as Samsung, Sony, Panasonic and Nokia, can it be regarded as a success. The standard of our success is to build an enterprise that makes Chinese people proud 。”

As the sun sets, everyone gets on the bus and goes down the mountain in turn. The dinner in the evening is arranged in the staff restaurant of the pioneer park.

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