Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1010 Continuous Fermentation 3
Old Morgan's words made the shareholders present deep in thought. After all, in their eyes, China is still a backward and poor area. But based on their understanding of old Morgan, it was impossible for the other party to target him without aim. Without investigation, there is no right to speak. Old Morgan must have come to the conclusion after obtaining detailed information.
In addition, Heiyun Group does have a lot of investments in mainland China. In any case, Bao Zixuan's business sense should be right. It seems that Old Morgan has already thought of a response strategy, but he has not revealed it before.
At this time, all shareholders are watching the show, if the Carnegie family only has so much ability. Then there is no need to think about fighting with the Morgan family; lest it be embarrassing when the time comes.
James Carnegie: "Mr. Morgan is so optimistic about the Chinese market, and I also admit that China should develop in the future. But how to solve the current problem, distant water cannot quench the near thirst."
After hearing James Carnegie's words, shareholders fell into deep thought again. It doesn’t matter whether China needs so much steel or not. Even if it does, there will be a process. It is impossible to place an order immediately, although it is a long-term business. But knowing that the company is going to lose money and not thinking about countermeasures is a dereliction of duty on the part of the management.
Logically speaking, these are all CEO Ricky's jobs, but since old Morgan is so methodical. It immediately became his business, and everyone wanted to see what clever tricks the old guy had.
In fact, without James Carnegie's intervention, these people would not dare. Now it's not them who are forcing the palace, but the Carnegie family. The failure of the confrontation with Bao Zixuan was also a severe blow to the reputation and prestige of the Morgan family.
At this time, many people will think that the Morgan family is nothing great. Even a young man from Xiangjiang cannot take care of emerging enterprises. And he also had to show weakness to others, and finally asked his daughter to mediate, which was really embarrassing.
It is no secret that the Morgan family finally failed in the battle to defend the Hong Kong dollar; and that Rachel Morgan begged Bao Zixuan to let him go. Coupled with the U.S. government's intention to suppress established monopolies, the Morgan family's presence is gradually declining.
It's normal for a family to have ups and downs, but today, even the junior members of the Carnegie family dared to act arrogantly in front of him. Could it be that the Morgan family is really in decline? All cats and dogs dare to disturb Tai Sui.
Andrew Carnegie was no match at that time, let alone his descendants.
Old Morgan said with a smile: "Everyone here is no outsider. National Steel Corporation has reached new agreements with Ford and General Motors. In the future, the two companies will increase their purchases from the company."
It is not a secret that the U.S. military is replacing military vehicles, and it is even known to everyone. No wonder the old Morgan was so confident. It turned out that he had already negotiated cooperation with the other two major American auto giants.
Only then did the shareholders realize that the Carnegie family was an old man, while the Morgan family had been controlling the company. He actually didn't support old Morgan at the critical moment, which really shouldn't have happened.
Soon some shareholders responded and said: "It turns out that Mr. Morgan has already taken countermeasures. It seems that we people are worrying too much."
Upon hearing someone's statement, other shareholders immediately began to compliment him. No one wanted to let old Morgan hold a grudge. Even if he offended James Carnegie, it was no big deal.
Looking at these grasshoppers, Old Morgan didn't say anything. He has said enough today, and it is not very consistent with his identity.
James Carnegie knew very well that a simple confrontation could not do anything to old Morgan, and it would not have much impact on the Morgan family. Wanting to regain the management rights of a company is a long-term behavior and must be persevered.
Moreover, he has a new understanding of the Morgan family's intelligence capabilities and the abilities of old Morgan. Although it was only a short confrontation, the amount of information in it was very large. It also shows from the side that the Morgan family's control is still very strong.
Although the chance of regaining management rights of the company is slim, we must persevere. Whether the Carnegie family can rise again depends on whether it can find opportunities to regain the company's operating rights.
The most embarrassing situation at this time was undoubtedly CEO Ricky. Old Morgan easily defused James Carnegie's offensive. They are all shareholders, and they cannot deal with each other just because they have disagreements or questions. But as the company's CEO, he openly confronted the chairman. In addition, all shareholders will side with old Morgan at this time, and it will be surprising that life in the company will be easier in the future.
Cooperating with the Carnegie family is really not a wise choice. Now that we have taken a step forward, it is too late to say anything. I can only continue to hope that James Carnegie will be more powerful and not always thunder loudly but raindrops lightly.
The U.S. National Steel Corporation's shareholder meeting has concluded, and Morgan Sr. has emerged victorious. At least let people see the intelligence capabilities of the Morgan family and his own control of the company.
At the same time, several German steel giants are also actively planning.
The three major industrial giants of West Germany, Oliver Lehard, Rehager Thyssen, and Ondert-Krupp, are discussing countermeasures together.
Oliver Lehard first said: "The news of the comprehensive cooperation between Xiangjiang Heiyun Group and Japan's Sumitomo Foundation must have been known to both of us. Other aspects will not have much impact on us, but the two companies will establish R\u0026D institutions in Xiangjiang , set up a laboratory. We have to pay attention to this, after all, it is closely related to our interests."
"Heiyun Group is different from traditional manufacturing industries in that it has very abundant capital reserves. Moreover, there is currently only one shareholder, Bao Zixuan. As long as it is decided by him, it can be implemented immediately."
"If Heiyun Group wants to produce results, their R\u0026D investment will start at a few billion dollars. This is an astronomical sum for basic material R\u0026D."
"With the Japanese providing technology to them, it will not be difficult to catch up or even surpass us."
"Don't forget, Heiyun Group owns the world's largest rare earth minerals. The raw materials themselves have an absolute advantage. Whether we admit it or not, we will have a very strong competitor in the future."
In fact, everyone knows the truth, but it has not completely changed for a while.
Rehagel-Thyssen said with a serious expression: "I don't know what Mr. Lehard has any good ideas for."
The biggest concern here must be ThyssenKrupp. The main raw materials for the Black Cloud military vehicles are purchased from ThyssenKrupp. That's an astronomical amount of money every month; if you want to say which company in West Germany is having the best life, ThyssenKeeper must be on the list.
Being prepared for danger in times of peace is a compulsory course for every entrepreneur, although now we have received many orders from Heiyun Group. The profits were huge, and no deposits were ever made. However, Heiyun has already cooperated with the Japanese, and may be technically inferior to German companies. But with huge investment, won’t others catch up? The last thing Bao Zixuan lacks is money. After all, his ability to make money is really terrifying.
Industrial enterprises rely entirely on their technical strength; whoever has more advanced technology and stronger structure will surely win the market.
Seeing that Andert Krupp was silent, Oliver Lehard certainly understood what he meant. The other party is not even very involved in the specific affairs of Krupp Company, so how can he care about Heiyun Group and the Japanese. It's useless to ask, but there is one good thing. As long as the two of them agree on something, the old boy will agree. It can be said that the position is very correct, and it belongs to the category of great wisdom and foolishness.
Oliver Lehard said very seriously: "There are currently two days to go. The first is for our three companies to establish an R\u0026D laboratory. I believe that with the technical foundation and reserves of the three companies, it will be very difficult for other companies to catch up. .”
"It's just that doing this requires the three companies to spend huge amounts of money, and it may not necessarily succeed."
"The second is to cooperate with Heiyun Group and Sumitomo Foundation. The two parties can sit down and have a good chat to share the market together. Of course, the advantages and disadvantages of this are very obvious; the advantage is that it does not require large-scale investment and can save a lot of research and development costs. The disadvantage is that the market can only be divided equally in the future, and how profits are distributed may not be in your own hands."
In fact, Oliver Lehard himself prefers the second option. He understands Bao Zixuan's character; if he knows what the other person wants to do, he will definitely do everything possible to accomplish it. It's not good for anyone to fight head-on. It's better to sit down and have a good chat about how to divide this cake.
But Rehagel-Thyssen is very interested in the first one. At this time, they have the most cooperation with the Black Cloud Group. No one will be unmoved when facing huge profits. If technology is shared, we will definitely not be able to obtain such high profits in the future.
Heiyun Group owns a steel factory, even if it doesn't have a factory; with Bao Zixuan's financial resources, it is still very simple to build several factories.
In the end, no one could convince the other and had to settle for the next best thing. Andert-Krupp came out to make peace. The two paths went together. While cooperating with Heiyun, the three companies were setting up a laboratory in Germany.
This seemingly brilliant decision actually laid huge hidden dangers for the future.
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