Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 1423 Finance is King

Although Daqian's overseas companies have basically declined, the Daqian Group Army has given an unimaginable answer.

According to the statistical report submitted by Leng Xuxin to Boss Jia, there are now more than 160 companies under the Daqian Group Army, and the sales performance of these companies in the entire 1997 was US$74.8 billion.

That's right, the Daqian Group Army has now turned its back, surpassing its own master, Daqian Group, and has a performance income that is even more terrifying than Daqian Group.

But if you think about it carefully, this is also a normal thing.

First of all, the number of 160 enterprises is very terrifying. What's more important is that Daqian has almost completely lost his production capacity and handed over all the production tasks to Daqian Group Army.

Whether it is MP3, Daqian mobile phone, VCD, etc., all production is carried out by enterprises under the Daqian Group Army, and Daqian is only responsible for purchasing from these enterprises.

Daqian's performance of $550 and a cost of $30 billion, except for the company's management costs of about $2 billion, almost 90% of the production costs of $28 billion are handed over to enterprises under the Daqian Group Army. A small half of their performance of $74.8 billion is given by Daqian.

However, in this case, there is still a performance of US$46.8 billion, which is the performance outside of Daqian Group.

30% of these performances come from domestic companies, and the other 70% are all foreign orders, and the earnings are real foreign exchange. According to statistics, at this time, 36.72% of electronic products and parts in the world were all gone out of the warehouse of the Daqian Army.

Especially in the mobile phone industry, because Boss Jia made an advance arrangement, whether it is a first-tier company like Motorola, Nokia, or Ericsson, or Samsung, who intend to catch up later, if they want to make mobile phones, more than 95% of the parts can only be purchased from the Daqian Group Army.

After all, if there is economic interests there, no one will be unable to get over money.

This is the most terrifying thing about the Daqian Army. In this small development zone in a small city in a small province in central China, it actually accounts for 36.72% of the world's electronic product parts production. If you say this, it will definitely shock a large number of foreign friends.

However, this is nothing compared to the future China. After all, the future China accounts for about 40% of the world's industrial products production tasks.

That’s right, it’s a production task. In the future, 40% of the world’s industrial products will lead from the docks in China to the world. Compared with this grand future, the current Daqian Army is still a bit small. Their combined GDP is even worse than that of Foxconn. We have to continue working hard!

But at the same time, it is also very sad that although the Daqian Army's performance in 1997 was as high as US$74.8 billion, the production cost reached US$69.2 billion. The profit that truly belonged to the Daqian Army was only US$5 billion, and the profit margin was less than 6%.

So although Boss Jia occupies an average of 78% of the shares in the entire enterprise group army, the profit that really belongs to Boss Jia is only US$3.9 billion.

Moreover, most of these dividends are not available to Boss Jia, because these profits have to be invested again in the expansion of production, which is also a huge problem facing China's production and manufacturing industry.

Because the products produced by Daquan Group are worth US$74.8 billion when they are made into finished products and sold to global consumers, the total value is as high as US$460 billion, which is more than 6 times the production cost.

In comparison, the profit of only 6% of the Daquan Army was particularly miserable, and the wages and income of the workers under the Daqian Army were the average national level.

Compared with the employees directly under Daqian Group, it is a gap between heaven and earth.

This is also the reason why Boss Jia tried every means to separate the production tasks from the Daqian Group and form the Daqian Group Army.

Because once these workers are workers of Daqian Group, when they ask for the same salary as the current Daqian Group employees, Boss Jia's profits will probably shrink by more than half in an instant.

So these workers should be handed over to the Daqian Army and to those bosses who save more expenses. Boss Jia just needs to earn some shares peacefully.

Don’t blame Boss Jia for being unkind. If Boss Jia does not exploit this way, then China’s products will have no competitiveness in the world. The demographic dividend is the only way for China’s rise. Boss Jia is not stupid, right!

If you want to blame, you blame yourself for not studying hard, not studying hard, and not being able to get into a prestigious university.

After all, as long as you can achieve these goals, there is still a great chance of joining Daqian Group. Boss Jia will never be reluctant to give up real talents!

It seems that what I said is a bit off topic again.

Back to the point, don’t look at the amazing achievements so many companies above, and how huge wealth they have created for Boss Jia.

But it is nothing compared to Boss Jia, the last secret chess of the United States Priority Foundation.

The total market value of the entire company controlled by the US Priority Foundation has exceeded US$200 billion, of which, 51 Search and Amazon alone, their market value combined exceeds US$110 billion.

In addition, Apple, Qualcomm, Nvidia, Marvel and other companies have also continued to make efforts. In addition, Boss Jia occasionally transfers him billions of dollars to the US Priority Foundation to purchase shares of various potential companies, especially stocks of various network technology companies.

Now, among the top 10 companies in the US stock market, three are Internet technology stocks, and among the top 10 companies, 21 are Internet technology stocks, and these stocks are invested by the US Priority Foundation.

Almost all of the more than 80 billion US dollars that Boss Jia just earned from Hong Kong and Port have been invested in these stocks, which has enabled the US Priority Foundation to obtain a market value of US$200 billion. This has also made the US Priority Foundation famous in the entire industry and made the rise of Internet technology stocks even more crazy.

It is said that many people are eagerly looking forward to the foundation launching financial products, but they have never had this intention, which has hurt many people very much.

A US-Priority Foundation now controls a market value that has exceeded all the wealth of Boss Jia Daqian Group, which no one expected.

However, they did not expect that Boss Jia created a total of nearly US$200 billion in more than a month in Hong Kong and Port (including US$100 billion of stocks, which were not sold in the stock market).

It is no wonder that after entering developed countries, countries such as the United States will develop the financial field at the same time, and a large amount of domestic capital is invested in financial innovation.

After all, money in finance is really easy to make, and it is many times easier than simply working hard to build products. Those who are rich without doing finance, but continue to do physical work are fools!
Chapter completed!
Prev Index    Favorite Next