The Industrial Giant Reborn
Chapter 90
"Okay, but it's not now. At some point in the future, I may need a large sum of money. I also hope that through this partnership with Citigroup, I can get it quickly." Chen Zhiwen said with a smile.
"As long as it is within the allowable range of the rules, even if Mr. Chen needs 100 million US dollars, we at Citigroup can get it done within 3-5 days." Joey said confidently.
"Okay, I hope so." Chen Zhiwen nodded, and he will make a lot of noise in Hong Kong in the future. He can't rely on the banks in Hong Kong for everything. In an emergency, he may need enough funds in a short time, just like In the history of later generations, Bao Yugang asked Shen Bi for a loan of 2 billion Hong Kong dollars in a phone call. With this backing strength, Chen Zhiwen dared to wrestle with the British giants.
"Then during this time, Mr. Chen doesn't need to invest in anything else? If Mr. Chen doesn't know anything, can I introduce it to you?" Joey continued.
"No need, let's do the last thing." Chen Zhiwen raised his hand and said with a smile: "I want you to buy a large amount of Wal-Mart's stock in the shortest possible time, and don't care about the stock price increase."
"Why is that?" Joey asked subconsciously.
"You don't have to worry about it, just follow the plan." Chen Zhiwen said lightly.
The meeting with Wal-Mart executives this time is likely to be Sam Walton himself. Once the two reach an agreement, Walton will definitely ask Chen Zhiwen not to buy Wal-Mart shares. After all, as long as he is a normal founder, he does not like outsiders to buy Too many shares in his company. Even the current Walton family already holds more than 50% of Wal-Mart's stock.
In the future, if his company goes public in the future, he also likes to have no other major shareholders, and it is best to be the only one.
This can be said to be the last gamble for Wal-Mart stock.
"If you do this, you can indeed buy a lot of stocks in the short term, but the stock price will also be raised, and the investment may not be worthwhile." Joey reminded again.
"Just carry out my request." Chen Zhiwen said with a smile.
Most people invest only now, or in the next two or three years. Only a few people, such as Buffett, will see five to ten years later. But Chen Zhiwen, don’t need to look at it. He knows that in the next 50 years, spend more money now Buying Wal-Mart stock is simply not too profitable. More importantly, this is the best quality asset that can be mortgaged, and it is still appreciating in value. The more you have in hand, the more you can get when you need funds urgently in the future funds.
"Okay, I understand." Joey nodded and agreed. In the investment industry, it is normal to ask customers about their investment purpose, but if the customer insists, there is no need to ask any more, just follow the execution.
"Mr. Chen, here are some information about companies suitable for investment that I have compiled recently. If you are interested, you can take a look. If you are interested in knowing more, you can contact me at any time." Joey went on to say, customer investment The more, the more his commission, and he naturally hopes that his commission will be more.
It's a pity that Chen Zhiwen has his own investment philosophy, and they don't get much rebates and dividends for the investments designated by customers. Of course, they don't need to take responsibility for losses.
"Okay, put it here, I will read it when I have time, and if there is a project that I think is not bad, I will contact you." Chen Zhiwen took the file and said.
"Okay, thank you Mr. Chen, then I won't bother you." Joey got up and said goodbye.
"Okay, no." Chen Zhiwen nodded and said.
After breakfast, An Qi came over with some information. Although she is in the United States, Hong Kong will send some important information by fax, so that the boss, Chen Zhiwen, can learn about important things in Hong Kong anytime, anywhere .
"There shouldn't be anything important, right?" Chen Zhiwen estimated with a smile after seeing the document. For him, all the strategic directions have been settled.
"There are no other major issues, but there is one thing. Midea's car radios have quality problems. After Toyota found out, they asked us to send people to Japan to pick them up. Because Toyota also found it late, and many radios have already been installed and reworked. The cost is very high." An Qi had read the materials before coming here, and she would screen the materials for the boss. It is important to know in advance, and if there is anything unclear, she has to call Hong Kong again.
"No matter how high the cost is, if you lose money until you go bankrupt, you still have to be responsible." Chen Zhiwen glanced at the information and asked, "Are you sure it's our problem?"
"It's confirmed. The laboratory in Hong Kong also detected the same problem. I just called Lei Sheng, and he said it was a signal problem." An Qi explained.
Chen Zhiwen nodded and said, "Since it's our problem, we will fully cooperate with Toyota. They probably don't want to really recall it. Let's see how we can minimize the loss."
"Okay. I'll call him back later," Angie said.
"Tell him again that these losses or compensations are trivial matters, and quality control is the most important thing. If it is not possible, hire a professional team from overseas to manage quality issues." Chen Zhiwen continued.
In Midea, where the strategic direction has been set and there will be no problems, Chen Zhiwen is most worried about quality problems. If quality problems occur in products with large sales volume in the future, the loss will be secondary, and the blow to the brand will be the most terrible, especially if If there is a security problem, it will definitely destroy his entire strategic development plan.
"Okay, I'll reply." An Qi nodded.
"Get ready, we're going to Arkansas." Chen Zhiwen said again, the quality problem is a long-term problem, even the Volkswagen Toyota of later generations can't avoid it, it can only be improved step by step, this kind of thing is definitely not an order from him, or It can be done with a little more money, and what is needed is the corporate culture formed by the company's long-term development.
"Arkansas, are we going to Wal-Mart headquarters?" Angie immediately thought of the destination. As an assistant, he still knows some of the boss's goals.
"Smart, buy a plane ticket for tomorrow. We have another day off in New York today. Except for a few security guards, you can go out and have fun." Chen Zhiwen said with a smile.
"Okay, thank you Chen Sheng." An Qi said happily.
Joey returned to Citibank's own office, only to find that someone was already waiting for him.
"Richard, I didn't expect you to be more anxious than me?" Joey put down the briefcase in his hand and said with a smile.
"As your boss, I naturally care about your performance." Richard put down the playboy in his hand and said, "You don't look like a successful expression."
"Indeed, it didn't work out. Mr. Chen doesn't seem to have any interest in other investments. He only focuses on Wal-Mart, but I left the materials I prepared, and maybe he will pick a few from them." Joey took out two bottles from the refrigerator Coke, throw a bottle to Richard.
Richard said: "From this point of view, either he is a very rational person, or he is a person with a very good vision for investment."
"I think the latter is very likely." Joey said: "His self-confidence is very strong. I have this feeling since investing in Wal-Mart. In more than a year, he made a net profit of 80 million US dollars and easily defeated Wal-Mart. He has acquired more than half of the listed companies in the United States, and he also acquired a warehouse supermarket, and I heard that the operation is not bad.”
"It's also possible that he is optimistic about the retail industry. Apart from these two investments, he doesn't seem to have any other big investments in the United States?" Richard said.
"But I still can't explain it. With so many retail companies, he chose the most successful Wal-Mart, and he also has a lot of businesses in Hong Kong, as well as Red Bull. These are not achievements that can be made with a good vision." Joey shrugged Said.
Richard nodded and said, "Maybe he's more powerful than we thought, Joey, grab this client, and maybe we'll rely on him for our success in the future."
"Of course." Joey said with a smile.
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