Resource Tycoon Reborn

Chapter five hundred and fourteen good news

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Back then, Johnson Williams, chairman of Chevron Corporation in the United States, flew to Japan in person to have an interview with Fang Mingyuan. Although the process was not pleasant, in the end the two parties reached a formal agreement. Chevron Corporation in the United States, based on the company's hundred 2.1% of the shares, plus US$3.7 billion and four technology transfers, as well as the shares of Chevron's multiple oil projects in China, in addition to the offshore oil field development project in Liaodong Bay of the Bohai Sea. Gave it to the Fang family in exchange for equity in Yahoo!

Fang Mingyuan was naturally very satisfied with this agreement. He could no longer remember whether his investment in Yahoo exceeded tens of millions of dollars, but the return he was given now far exceeded what he had received back then. The investment is so rich that it can drive people crazy.

Chevron Oil Company was also ecstatic when the agreement was initially reached. As a leader in the new economy, Yahoo's performance on the Nasdaq stock market can be called amazing, almost It can give its shareholders a surprise every day, constantly hitting record highs. Before the collapse of the Nasdaq Composite Index, it can be said that every day, the directors of Chevron Oil Company were so happy that they couldn't be happier. Ear-to-ear. The news that Chevron Petroleum Company representatives entered the board of directors of Yahoo also caused a small commotion in Chevron Petroleum Company's stock in the stock market.

Chairman Johnson Williams, therefore, even more than once, in private, ridiculed Fang Mingyuan for his lack of foresight in giving up continuing to hold shares in Yahoo. And his "foolishness" meant that he would lose billions Ji's wealth was handed over to Chevron Oil Company. But his pride did not last long. The collapse of the Nasdaq Composite Index caused Yahoo's stock price to drop rapidly as if it were on a slide. .

And now, compared with its highest period, the Nasdaq Composite Index has almost halved! Affected by the Nasdaq market, the New York Stock Exchange in the United States has also seen a large-scale decline in stocks. According to the United States According to people's own statistics, the total market value of the Nasdaq market was almost equivalent to US$7.1 trillion at its peak, but now it is only US$3 trillion. The market value has decreased by more than US$4 trillion, plus the New York Stock Exchange The market value lost was almost one trillion U.S. dollars, and the total loss has exceeded five trillion U.S. dollars!

This number is equivalent to the combined gross national product of Japan and South Korea at that time, equivalent to the total market value of all residences in the United States at that time, equivalent to the total value of several major industries such as automobiles, steel, and oil in the United States, and greater than the total U.S. national debt at that time! It was almost half of the gross national product of the United States in 2000, exceeding the famous "Black Friday" stock market crash. That is, in 1987, the U.S. Wall Street stock market plummeted by nearly a quarter in a single day, which triggered a slump in global stock markets. The financial crisis caused nearly five times the losses!

This series of data is reflected in the Chevron oil company, which means that the stock price plummeted, not only because of its own reasons, but also because of the plummeting share value of Yahoo. The result was that the end of the year was not reached. The original Chairman Johnson Williams had to take responsibility for this and resigned as chairman. Also implicated were six directors on the board of directors. In other words, the original nine directors on the board of directors of Chevron Petroleum Company Except for two directors, all others had to resign either actively or passively. This can be called a major earthquake for Chevron Oil Company.

Although Fang Mingyuan never attended the shareholder meeting of Chevron Petroleum Company after acquiring 2.1% of the shares of Chevron Petroleum Company, through the personnel trained at Chevron Petroleum Company, and developed

He still knew the information about Chevron Oil Company. Moreover, few people knew that during this period, he continued to absorb shares of Chevron Oil Company.

In fact, his move is not just for Chevron Oil Company, but for all companies in Europe and the United States that he believes have investment potential. The huge amount of funds obtained from withdrawing from the Nasdaq market will satisfy his needs.

The Fang family industry cannot be left in a bank account until it meets its own needs. During this period, due to the continuous decline of the stock market, the energy of major companies was largely constrained by their own falling stock prices.

For buyers who appear on the stock market, attention has been greatly reduced, and it is very suitable to acquire the stocks of these companies in pieces.

If the Kuok Shipping Group Company contacts Chevron Petroleum Company and takes over the crude oil transportation business of Chevron Petroleum Company's factory in Singapore, will it cause a lot of trouble for itself? Fang Mingyuan is a little unhappy.

So sure.

Although directors like Johnson Williams and others have stepped down, and the board of directors of Chevron Petroleum Company is now almost full of new faces, the centipede will not die. Although Johnson, Williams and others are not

Although he is no longer a director, he is still a shareholder of Chevron Petroleum Company. His influence in Chevron Petroleum Company is not so easy to dissipate. For example, the shares held by Johnson Williams are quite considerable, so he stepped down.

Later, although he was neither chairman nor director, he became a supervisor.

Although, in the business world, there are countless precedents where the value of a company's equity has changed dramatically after the transfer of equity. Except for those who used illegal means, they should generally be willing to admit defeat. After all, Fang Mingyuan was not chasing Chevron Oil in the first place.

The company wanted to sell Yahoo's equity to them, but it was Chevron Oil Company's own decision. Even after what happened, there is no reason to blame Fang Mingyuan. But in this world, if everyone

To be fair, there wouldn't be so many disputes.

However, Li Xianlong told him this news as a good intention, and Fang Mingyuan still wanted to accept the favor.

On December 21, on the eve of Christmas, the old British shipbuilding company LT Shipbuilding Group suddenly announced in London that LT Shipbuilding Group had reached an agreement with Guo's Shipping Group and would be controlled by Guo's Shipping Group.

, near the Lianjiang Kemen Port area, which is under construction, the Proston Steel Plant under LT Shipbuilding Group Company will be moved there as a whole.

As soon as this news broke, it immediately aroused strong concern among people in related industries in Europe and Hong Kong.

The Proston Steel Plant, a subsidiary of LT Shipbuilding Group, was officially put into operation at the end of 1993. It has only been in operation for seven years. It can be said that both equipment and technology are still at the world's leading level. It is mainly

High-strength steel plates used in the production and construction of large ships used to be given priority to European and North American shipbuilding companies.

Regarding the decision of lt Shipbuilding Group Co., Ltd., analysis by European and Hong Kong media generally believes that it is due to the obvious decline of the shipbuilding industry in European and American countries, coupled with the global economic crisis triggered by the financial crisis in Southeast Asia, which has caused the shipbuilding industry in European and American countries to decline in recent years.

The demand for high-strength steel plates for ships has been significantly reduced, and the rising labor costs have made the already financially strapped LT Shipbuilding Group even more overwhelmed. In order to reduce the cost of worker wages, and also to increase

With good sales, lt Shipbuilding Group Company moved its steel plant to a location with low labor costs and close to the three major shipbuilding countries of South Korea, Japan and China. It can be said that it kills two birds with one stone.

Although it is said that the Preston Steel Plant was relocated after only seven years of operation, which will cost LT Shipbuilding Group Co., Ltd., considering the relatively bright future and the fact that someone later found out, Lianjiang Kemen Port

When there is a new shipyard jointly established by Kuok Shipping Group Co., Ltd., South Korea's Samsung Heavy Industries, and Japan's Feldspar Shipbuilding Co., Ltd., which can manufacture the three dazzling pearls in the crown of the world's shipbuilding industry, these media finally basically believe that LT Shipbuilding

The group company made a good move.

What these media don't know is that LT Shipbuilding Group Company has actually signed a joint venture agreement with Liao Provincial Steel Plant under the Fang family. Liao Provincial Steel Plant will invest in Proston Steel Plant's new plant in China to further expand it.

scale of production and became its major shareholder, holding 51% of the shares.

The spread of this news caused the Lianjiang Kemen Port, which was originally under construction, to attract the attention of many people. Only then did people discover that this new port, which has been acquired by Guo's Shipping Group Company, actually has so many unique advantages.

Its advantage lies in the fact that there will be two modern shipyards nearby in the future. Since it can be built, it can also be repaired. For many large ships, timely maintenance and repair will also extend the service life of the ship and ensure the safety of the ship at sea.

An indispensable item for navigation safety.

Moreover, Lianjiang Kemen Port is backed by China's economically developed coastal areas, and its original cargo volume is considerable. Moreover, from here it can be easily connected to China's domestic land transportation channels. However, in this way, for those with original transportation purposes,

For goods shipped from busy ports farther north, the overall freight may be higher, but the transportation time can be guaranteed. This is undoubtedly a benefit for those cargo owners who value the timely delivery of goods.

A good prepared port.

However, for most ordinary people, all this is not what they care about. What they care more about is that "Pirates of the Caribbean 2" is finally about to be released, and "Diablo" that everyone has been looking forward to for many years

2》is finally confirmed to be released!

For them, this, plus the coming of Christmas, is tantamount to three blessings.

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