Reborn Tycoon Rise

The rise of the Samsung Group in the electronic field in later generations was actually a desperate process. Relying on subsidies from the Korean government, when the price of memory chips plummeted, Samsung bucked the market and increased production capacity on a large scale, vomiting losses. But the opponent also felt uncomfortable, and then took advantage of the US sanctions on the Japanese semiconductor industry and the collapse of the Japanese economy, successfully eliminated the arrogant Japanese semiconductor manufacturing company, and became the world's number one. The name of this tactic is countercyclical. The price war is what Xu Zhi is worried about.

As for the TV field, in this era, large European and American companies, including Japanese companies, dare not invest in the mainland on a large scale, and the occasional few are just tentative. Midea will place the entire RCA TV manufacturing business in Shenhai City, and the manufacturing costs will inevitably be far away. Lower than its Japanese counterparts, even if there is no price war, while its own company can gain huge profits, it can also seize the market of a large number of Japanese TV companies.

Of course, the core profit source of the entire company is games. More than a year after they were launched, the two games Contra and Mario brought the company more than 200 million US dollars in net profit just from the arcade, plus other arcade, Gameboy, home consoles, cassettes, etc. Midea's net profit last year was US$470 million.

The game cartridges of Contra and Mario will be released this year, and the price is also extremely expensive, with a box of 100 US dollars, but the cost is only 20 US dollars. At the same time, the arcade games Double Dragon and King of Fighters are also ready to be launched. 1981 will be a more A good harvest year.

Although the profit seems to be high, it is actually not much better than the giants in the same industry in Japan. These Japanese counterparts will also be tortured by Samsung and the American consortium in the future.

Although Midea's semiconductors will not be a direct target, they will still be affected. This is also the reason why Xu Zhi put a lot of effort into entering the real estate industry. In addition to the extremely high profits, buying at the trough and selling at the peak, coupled with the existence of leverage, these huge profits are even much higher than those of games. With the huge profits from real estate, Xu Zhi can develop the manufacturing industry with more peace of mind, whether it is launching a price war for home appliances or responding to Samsung's countercyclical price war.

…

Tuesday, January 6, 1981:

The sun is shining high in the sky over Xiangjiang and there are no clouds in the sky.

Xinhua News Agency in Xiangjiang has chartered a Boeing 737 aircraft. The delegation heading north will fly to Kyoto on this luxury business jet. Most of the participating members are rich people, such as Li Jiacheng, Hu Yingxiang, Bao Yugang, Huo Yingdong, etc. etc. At the same time, several people from the cultural circle participated, including Jim Yong.

Others are people from the political field. Xu Zhi also knows a few people. He has seen them on TV or at some banquets, and he is more or less familiar with them. After all, Xiangjiang is not big, and it doesn’t matter if he meets celebrities whose names he cannot name when shopping. What a fuss.

At the boarding gate, Li Jiacheng walked over and said with a smile: "Xu Sheng, long time no see. It has been such a long time since I came to join the board of directors of our Yangtze River Holdings."

Xu Zhi smiled and replied: "I've been a little busy lately. I'm very confident about your business ability, Li Sheng!"

Li Jiacheng waved his hand and said with a smile: "Haha, it can't compare to Xu Sheng. Xu Sheng's several acquisitions in the United States shocked the whole of Hong Kong!"

Xu Zhidao: "It does look very majestic, but the competition in the international market is also fierce. Does Li Sheng also want to enter the industrial field? This is not bad. After all, the company is still called Yangtze River Industrial, and it can't just do real estate, right?"

Li Jiacheng shook his head and said with a smile: "I used to make plastic flowers, so I named it Cheung Kong Industries. However, the competition in the manufacturing industry is too fierce now. I don't want to get involved if I am unsure! I heard that Hutchison Whampoa is selling a large number of properties, and Evergrande Without participating in real estate auctions, does Xu Sheng want to withdraw from the real estate field?"

Xu Zhi said with a smile: "It doesn't matter. I have retained the land and properties in good commercial locations of Evergrande and Hutchison Whampoa. As for the real estate auction, the current land price in the core of Kowloon, Central, is too expensive, so I will not participate for the time being. "

Li Jiacheng nodded and said: "I see, so Xu Sheng is planning to build the second real estate company in Xiangjiang?"

Land companies are mainly engaged in holding commercial buildings, and their main revenue is also rent collection.

"You can say that Li Sheng was relieved when he heard this!" Xu Zhi said with a smile.

Li Jiacheng said: "Indeed, with Xu Sheng's assets, if he enters the residential field, the pressure on those of us will be very great."

"Everyone has their own needs." Xu Zhi replied. The profit from residential buildings is indeed very large, far exceeding that of commercial building rentals, but its characteristic is that it can quickly return funds to the next project, which is very suitable for the current real estate five tigers. The company may not be suitable for Xu Zhi, who has extremely high assets.

With his amount of funds, if he enters the market on a small scale, the total profit will be small, which is not attractive. With large-scale entry, housing prices in Xiangjiang will inevitably skyrocket further, which may cause a real estate crisis to break out in advance, and one may be trapped in it if not careful.

Therefore, Xu Zhi only plans to learn real estate. In addition to developing his own land, he will mainly hold commercial buildings or shopping malls, collect rents, and wait for house prices to appreciate. This model also allows Xu Zhi not to worry too much about real estate. After all, manufacturing and high-tech fields are the core. The profits from real estate can be used to invest in these industries or future infrastructure projects in the mainland.

"What are you two talking about?" Bao Yugang also came over.

Xu Zhi smiled and said: "Just a casual chat, Mr. Bao, Harbor City's business has been booming since it opened. I went there last time and there were so many people there. From now on, just collecting rent will make us envious!" "

Bao Yugang laughed and said: "That can't compare to Xu Sheng's coolness in the international market. Moreover, Xu Sheng, you are also one of the major shareholders of our Wharf, and you also have a share in Harbor City!"

"I don't know what Niubijian's expression will be now." Xu Zhi also joked with a smile.

Half a year ago, the Jardine Matheson Group lost the battle for Wharf. After that, Wharf's share price quickly plummeted to HK$40 per share. Niubijian held nearly 20% of the shares, but had no say in it, but could not sell it. Finally, after several negotiations, Under this, all were sold to Evergrande for 45 Hong Kong dollars per share, and Xu Zhi also became a director of Wharf. However, this was actually just a pure commercial investment. Bao Yugang controlled 49% of the shares of Wharf. People can challenge him.

Li Jiacheng glanced at the two of them and didn't ask any more questions.

…

When the time arrived at 10 o'clock, everyone had arrived and everyone entered the business jet in order.

The interior decoration of the aircraft is very luxurious. Under normal circumstances, the cabin can accommodate more than 140 people, but there are only 36 seats on this business jet, each of which is more luxurious than the normal first class cabin.

Xu Zhi chose a location close to the window. Although he couldn't see the specific scenery below from an altitude of 10,000 meters, he could still see it if the plane passed by some famous rivers, and if it was above the city, he should also be able to see it. , but although airplanes in this era have GPS, they do not have advanced display equipment, otherwise passengers on the airplane can clearly know where they are.

"Xu Sheng, are you free?" A voice came from behind.