LATEST UPDATES

Comeback 1992 - Chapter 927

Published at 17th of February 2023 06:54:27 AM


Chapter 927: Sea, land, air and sky

If audio player doesn't work, press Stop then Play button again




  Chapter 927 Sea, Land, Air and Sky

  People's Bank's dividends will not be credited until June. For Xinghai Group, it will be directly included in the income of 2007. On the contrary, Fumanduo Group continued to grow and develop in 2006.

   In the retail industry, Fumanduo Supermarket continues to make efforts.

   As for warehousing, Fumanduo Group relies on its nationwide warehousing network to serve not only Fumanduo Group, but also other enterprises.

  From warehousing, logistics to terminal distribution and even sales, Fumanduo Group can help with all of them.

  The entire Fumanduo Group's total revenue in 2006 exceeded 1.6 trillion, stronger than Huaguo Petrochemical.

   "Boss, although Huaguo Petrochemical's financial report for the fourth quarter has not yet been announced, according to the previous financial report of Huaguo Petrochemical, the annual revenue should be around 700 billion. Fumanduo Group ranks first among domestic companies."

   Fumanduo Group's revenue exceeded 1.6 trillion yuan, more than twice that of Huaguo Petrochemical.

   This is a bit too scary.

   "There are definitely top 20 in the world. Maybe they can even enter the top ten." Zheng Lin couldn't help but feel a little excited when she said that.

  The top ten companies in the world are excited just thinking about it.

  From 2001, when Fumanduo first joined the world's top 500 companies, to now, just five years have passed.

  The ranking is also rising every year.

   No one doubts that Fumanduo Group will become one of the top ten companies in the world. It is only a matter of time.

  Han Songlin couldn't help laughing, top ten, he thinks too!

   "It shouldn't be possible."

  For the Fumanduo Group to enter the top ten, it could enter a long time ago.

  It's really easy to buy more companies directly, such as the acquisition of Foya Supermarket.

  Foya Supermarket is the largest retail group in Southeast Asia, and its entire operating model is very similar to Fumando Supermarket.

  In other words, the two are similar in their bones, but they are different in appearance.

  There are quite a lot of imported goods in the foya supermarket, a large part of which is directly imported from the Fumanduo Group.

  Pick goods directly from Fumanduo's warehouse.

  In addition to Foya Supermarket, EU Group, the largest retailer in Eastern Europe, also imports goods from Fumando Group.

  EU Group is also deploying in Eastern Europe according to the model of Fumanduo Supermarket. With its strong supply of goods, it is doing well in Eastern Europe.

  In addition, many foreign trade businessmen come to Fumanduo's warehouse if they want to find goods.

   Don't go to the manufacturer at all.

  Although Fumanduo will earn some price difference in the middle, Fumanduo can help transport the goods to all parts of the world.

   Fumanduo Group has a fleet dedicated to transportation.

   Zheng Lin said with certainty: "Boss, I think Fumanduo may really become a top ten company in the world."

  Seeing Zheng Lin speaking so formally, Han Songlin couldn't help thinking of the top ten of the top 500 companies in 2005.

   The tenth place is the Total (Total) oil company in Gaul, with an operating income of 150 billion US dollars.

  In 2005, the exchange rate between RMB and U.S. dollar was still 1:8.192.

   In 2006, already 1:7.972.

   Now, the RMB is continuing to appreciate and has reached around 7.6.

  In this way, Fumanduo really has a great opportunity to officially become the top ten of the world's top 500 companies.

  It is possible, but not sure yet, because you are developing, and others are also developing.

  Of course, for such a large company, it is quite difficult to increase its revenue by tens of percent a year, or double it.

   "Let's talk about it when we really get in!"

   If you really make it into the top ten, do you have to celebrate it?

  For example, Fumanduo Supermarket took the opportunity to hold a celebration (promotion) event.

   Fumanduo Group's revenue is high, and its net profit is also quite high, reaching 172.3 billion.

   Then turn over 110 billion funds to Xinghai Group.

   Sure enough, Fumanduo Group is the enterprise supporting half the sky of Xinghai Group.

  As for Fuxing Industry, the main force that made money before.

  Fuxing Industry's revenue has been increasing, with annual revenue exceeding 365.7 billion, but the net profit is only 21.942 billion.

  This is a little less.

Zheng Lin suggested: "Boss, I think Fuxing Industry should be listed. Now Fuxing Industry's net profit margin is only 6%. And as the market competition continues to intensify, the net profit margin of the automobile market may continue to increase." decline."

  Han Songlin touched his chin involuntarily: "What do you think, how about the launch of Fuxing Power?"

  Fuxing Power listed?

   "If Fuxing Power is listed in China, the financial indicators are not enough."

   As for breaking the rules or something, Zheng Lin never thinks about it.

  The whole Xinghai Group is now doing things, the first consideration is to comply with the law and regulations.

  Take the right path, rather than taking a shortcut.

   If you take too many shortcuts, you will often die.

  Han Songlin: "Then first remove Fuxing Hangfa from Fuxing Power. After listing, Fuxing Hangfa will be acquired back."

  Zheng Lin opened her mouth: "Boss, if you do that, you will be scolded by the shareholders, and even accused, saying that the big shareholders have harmed the interests of the small shareholders."

  Defendant, it is really possible.

  Because the biggest loss source of Fuxing Power is Hangfa.

   "How is Fuxing Power doing this year?"

   “Barely making a profit.”

  Han Songlin said strangely: "It shouldn't be, isn't the aero-engine generating income now?"

  Before, Fuxing Power was losing money, because no one bought aero-engines, and it was constantly investing money in research and development.

   Moreover, it is not a small-scale investment, but a direct and large-scale investment.

   Zheng Lin smiled wryly: "Boss, you can see for yourself. This year's barely profitable and no loss, it's already calculated."

  Zheng Lin got up, and found the financial report of Fuxing Power from among a large number of financial reports.

   "Fuxing Power has established an aerospace engine project."

   Aerospace Engines!

  Han Songlin was stunned: "Flying in the sky, running on the ground, and swimming in the sea are not enough. It will take nine days to reach the moon!"

  Fuxing Power launched a marine engine before, and the effect is quite good, and it has sold many units.

  That's why Han Songlin can swim in the sea.

  Sea, land, air, and sky, is Fuxing Power considered to be developing in an all-round way?

  Zheng Lin couldn't help laughing when she heard the words. She didn't have any objections to Fuxing Power's development of aerospace engines.

  Does she know that before, Tang Yan donated a huge sum of tens of billions to the Huaguo Aerospace Research and Development Department through the Star Science and Technology Award Fund to support the development of outer space exploration.

  Another one, Fuxing Power is not due to operating losses, but R&D losses.

  R&D losses are not called losses at all in Xinghai Group.

   Besides, Fuxing Power did not lose money.

   "If Fuxing Power wants to go public, it can only go to Xiangjiang."

  Han Songlin shook his head and said: "Forget it, Fuxing Power is going to be listed, and we have not been scolded by shareholders! Let Fuxing Industrial go public first, and go public in China."

   "In this way, first split Fuxing Industry, establish Fuxing Industrial Group, and then establish Fuxing Heavy Truck, Furui Automobile, Fuxing Rongke, and Fuxing Ronggong. These four companies will be listed separately."

  If Fuxing Industry is listed as a whole, it will appear to be a bit too large, and it will be easier to deal with it separately.

  (end of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS