Chapter 965 Business and Politics
Kingsoft's investment promotion work is not ideal, and compared with its former competitor Jianye City, it can be said that it is not ideal. In addition to the key factor of the bad negative impact caused by the collapse of Jinshan Lake, Jinhu Commercial will shift its main energy to the preparations for the Dongshan Island port construction project in the later stage.
In order to directly participate in the construction of Dongshan Island in Xinting and other super-large projects such as the tens of million-ton steel industry base, Kumho Commercial has also increased its efforts to directly absorb Indonesia's capital to escape from Chinese people.
As of late November, the total debt of Kumho Commercial exceeded US$1.5 billion, of which US$300 million was funds in overseas hedge fund accounts. Borrowing Chinese capital to escape the chaos in Indonesia, the US$300 million was diverted to Kumho Commercial's account, which was nominally liable, and can actually be regarded as Kumho's own capital, and is actually responsible for up to US$1.2 billion.
Kumho Commercial raised a huge amount of US$1.5 billion in just half a year. This was a miracle of financial financing in China in 1998. It can be said to be the largest financing for Chinese companies in overseas markets so far.
Compared with what Kumho Commercial has to do, the $1.5 billion seems to be a bit insufficient: Injecting $200 million into Nanyang Shipping to obtain 12% of the equity, injecting $10 million into Hongyuan Industrial, providing an additional $50 million in corporate loans, obtaining 20% of Hongyuan Industrial's equity, injecting $120 million into Dongshan Steel, obtaining 70% of the equity, injecting $50 million into Dongshan Shipyard, and obtaining 40% of the equity. After the Dongshan Port Port Construction Project was officially launched, in order to obtain 16% of the equity, Kumho Commercial has to pay 400 million US dollars in real money.
OnePlus spent most of these $1.5 billion, and less than $700 million remained.
The next tens of million-ton steel manufacturing base and large shipbuilding base are also big holes for spending money. According to the agreement that has been negotiated with Donghai United Steel Group, after Donghai United Steel acquires Dongshan Steel, Kumho Commercial will hold 20% of the equity in Donglian Steel. For the construction of a tens of million-ton steel, Kumho Commercial will also undertake at least 20% of the financing task of financing, Kumho Commercial will at least take out 700 million US dollars in real money; after Yangpu Ship Industry acquires Dongshan Shipyard, it will also build a large-scale shipbuilding base in Xinting.
After calculations like this, 1.5 billion US dollars is not enough for the early stage of the shop. It is not difficult to understand why HG Samsung Group owed more than 17 billion US dollars in foreign debt at its peak. It is not difficult to understand that there is no support from the state behind it. The comprehensive trading company model is the reason why ordinary private enterprises cannot succeed.
Thinking about the fact that he was really nervous when he was holding the funds in his hand. The things he had to do were all big holes to make money, Zhang Ke couldn't help but frown. Looking at Zhang Ke's frowning, Liang Weifa smiled and said, "What's the matter that bothers you so much?"
"Lack of money..." Zhang Ke also told Liang Weifa frankly.
Zhao Youlun, who was sitting beside him, smiled and asked, "Will Kumho still lack money? Kumho will have 1.5 million mobile phones sold this year, right?"
Zhang Ke resisted the urge to tell Zhao Youlun that Kumho had invested more than 4 billion yuan in the R&D system in the past year and a half, and just squinted his eyes and shook his head and said, "It's still a shortage of money... On the side of Kingsoft, although the scattered Chinese capital slowed down and withdrew from Indonesia, I expect the economic situation to improve next year, and only the economy will improve. The Malaysian Guo family, Indonesian Chen family, He family, Ma family, and the Cui family in the Philippines will have the intention to increase industrial investment and build a bridge for Kingsoft. I am very happy..."
With Zhang Ke's promise, Zhao Youlun felt that it was not enough. He beat the snake and said on the stick: "I plan to organize a recruitment reception before the New Year, and invite Chinese business giants such as Guo Songyan, Chen Wencong, Ma Wenqu, He Zhaokui, Cui Wenye to come to Jinshan for a walk. Do you think it is feasible?" Zhao Youlun's tone changed a little again, "The recruitment reception will also invite some personnel from Huaxia Electronics and RB Mitsui Company to attend..."
Although Chi Zuoxue Chi Zang caused the cooperation between Mitsui's electronics companies and Huaxia Electronics, Kewang only wanted to use the joint venture to open up the smooth channels for the RB electronics industry to penetrate into the Chinese market, for the local area, the joint venture company is built locally, which still has a great promoting effect on the local economy. At present, the three joint ventures, Kewang, regards Kingsoft Electronics Park as a manufacturing base. If Kingsoft Industrial New District wants to revitalize, the electronics park plays an important role. Zhou Jinyu can no longer threaten Zhao Youlun politically. Supporting the electronics park has more realistic benefits for Zhao Youlun.
Kingsoft is not a private territory of Jinhu. Besides, Zhao Youlun is a senior state cadre and an official who is dependent on Jinhu. Zhao Youlun can say hello in advance, which is already quite a bit of face to Jinhu. As long as Zhao Youlun is not afraid of the backlash of the Xie family, Zhang Ke certainly has no reason to interfere. It is better to be far away from politics, otherwise it would be too arrogant. He smiled and said, "I can't guarantee that the few people you named you will be invited to Kingsoft. I think they will pay special attention to it..." He thought to Xie Jiannan, Chi Zuoxuezang, Zhou Xingdong and others happened to watch birds on the same mountain early this morning. Maybe it was Zhao Youlun who reminded them, and they must have had contact.
Zhao Youlun was of course happy that Zhang Ke could make such a statement. He was also worried that Zhang Ke would be too narrow-minded and gritted his teeth to fight with King Ke and the Huaxia Electronics behind him. Mitsui was not much choice for him at this time.
Liang Weifa didn't have much worry. He wanted to survive in Haizhou, the base of Konho, in Konho, and at least he did not suffer additional suppression from the past. Otherwise, with Konho's power in Haizhou, Konho would have to do anything to survive in Haizhou for a day.
Zhang Ke also had his considerations. It is more beneficial to the future development of Kumho. If Kumho had too long to extend his hand on political matters, with Kumho's current power and future development trends, maybe someone in the central government will develop some unnecessary wariness, and it is a wiser choice to restore Kingsoft to a seemingly balanced pattern.
Next, we talked about the injecting capital into Jinshan Commercial Bank and Xinting Commercial Bank. Jinhu held 30% of the equity of urban commercial banks in Haizhou, Huishan and Jianye through its subsidiaries. Now Zhang Ke uses the entire Xiaojiang River Basin as a big chessboard for economic layout. Jinshan and Xinting are the other two important cities in Xiaojiang regional economic cooperation planning, so it cannot be ignored. With the gradual relaxation of the central government's financial industry, urban commercial banks limited to a local corner will also be connected.
The road to joint development is only the joint joint urban commercial banks of the East China Sea province. Of course, it is not as reasonable as the joint establishment of new large commercial banks in the East China Sea and Jiangnan provinces. The two provinces have 25 cities at or above the prefecture level, and it is even possible to predict that the scale of urban commercial banks in the five cities of Haizhou, Huishan, Jianye, Jinshan and Xinting will far exceed the total scale of urban commercial banks in the other twenty cities. Kumho cannot extend its tentacles to every corner, but it is enough to grasp the five key cities.
With the capital injection from Kumho, the strength and scale of Jinshan and Xinting's urban commercial banks will be higher, which is absolutely beneficial to the local economy. However, the conditions for capital injection from Kumho are also very strict. It is restricted from the government from borrowing from urban commercial banks by relying on public power, and it is also necessary to restrict the government's public power to exert influence on the operation of urban commercial banks, and financial funds should be mainly used to support local small and medium-sized enterprises.
After meeting with Liang Weifa and Zhao Youlun, at 3 o'clock in the afternoon, Zhang Ke accompanied Tang Xueqian straight to Xinting to inspect the preparations for the construction of Dongshan Island.
With the investment of Huaxia Electronics and NEC Electronics in Kewang, the control of Xinkewang is no longer entirely controlled by Xie Hanming, Xie Jiannan and his son. Xinkewang is no longer a family business, Xie Hanming was unable to come to the stage. Instead, after Zhou Jinyu removed all his positions, he went back to Xintai's hometown together. Xie Hanming and Zhou Jinyu's previous residence in Jinshan were also taken back. Xie Jiannan had to check in a hotel every time he returned to Jinshan.
Even though he established a joint venture with Huaxia Electronics and NEC and obtained Japanese color TV and display tube manufacturing technology and production lines, Xie Jiannan was still walking on thin ice and did not dare to be careless.
Swallowing Kingsoft Electronic Park as a production base, Kewang's future fate will be placed here, but the situation in Kingsoft is extremely bad for Kewang. The provincial party secretary and executive vice governor who is in charge of industry are all on the same line with his lord Jinho. During his tenure as mayor in Kingsoft, Zhao Youlun fought with his mother in great shape. Not to mention Zhao Youlun, Governor Liang Weifa also has a clear tendency towards Jinho in his position. For Kewang, the situation in Kingsoft is even worse than Haizhou. At least the newly appointed municipal party secretary Liu Wentao is not very interested in Jinho.
Xie Jiannan didn't know what kind of response he would get when he met Zhao Youlun. He thought that at this time, there was at least Huaxia Electronics behind King Ke, with Mitsui and NEC supporting him. Zhao Youlun also slapped King Kewang to death in Kingsoft, but he was still worried. After all, the influence of Huaxia Electronics and RB Mitsui is mainly in the central ministries and commissions.
Xie Jiannan was waiting in the hotel room. At about three o'clock in the afternoon, Zhou Xingdong called and said that Zhao Youlun could take time to meet him and Chi Zuoxuezang in the office in the afternoon...
Xie Jiannan didn't mind that he kicked aside. As long as Zhao Youlun also recognized the status and influence of Huaxia Electronics and Mitsui in China, Kewang could maintain it in Kingsoft, but he was worried that Huaxia Electronics and Mitsui used this as an excuse to further compete for control over Kewang.
Chapter completed!