We are all reborn, who wants to be the richest man?
Chapter 628: Far Eastern Recent Situation
Businessmen are paying attention to the Lamma Island Science and Technology Industrial Park, while for the people and tourists in Hong Kong Island, they are more concerned about the opening of Lantau Island Phase II.
“Lantau Phase II is now fully open, the Tian Tan Buddha at Po Lin Monastery has been consecrated, and various temple sites have been repaired and opened to the public.
The Ngong Ping 360 cable car and the Luohan Pavilion rafting are already in use, and some local aboriginal cultural villages have also established integrated holiday homestays with food, accommodation and entertainment in cooperation with us."
"Is there anything special going on?"
"It's true." When Niubijian said this, he looked embarrassed, while others looked gloating.
"What's wrong?" Luo Nianzhong was a little puzzled when he saw the expressions of others.
"There is an aerial glass plank road on the Phoenix Mountain Trail that was built for hikers. When it was first opened a few days ago, someone was frightened and became incontinent. He is still in the hospital. They have sued our Far East Tourism Group."
This was something Luo Nianzhong had not expected. He was stunned for a moment after hearing it. "Is there no sign to remind you to make a special note?"
"Yes, there are, but they are just some cautionary steps that are prohibited from climbing. Who would have thought that someone would be frightened to the point of incontinence?"
This is due to lack of experience. As the world's first glass plank road, we have to operate it by trial and error.
"Give them compensation, but we want to make a big deal out of this."
Niu Bijian understood what Luo Nianzhong meant and nodded in agreement.
"I think so too. I have already told the Ministry of Justice that we cannot win this lawsuit if it is dragged on. The bigger the public opinion, the better."
Those with a Far Eastern background are not bad at marketing. Losing money is a kind thing and can also enhance the corporate image.
But this money cannot be wasted. This event can be used to promote the event and attract tourists from all over the world.
Luo Nianzhong nodded to indicate that everything was handled properly. "Anything else?"
"Our tourism development investment in southern Yunnan has already started. The first phase has an investment of HK$42 billion and a total investment of RMB 107 billion. The first phase projects include Dali, Lijiang Ancient Town and Jade Dragon Snow Mountain."
"It seems that Far East Culture and Tourism will have to move forward with debt again, but it doesn't matter. We will have a large amount of funds coming in next year, and then Far East Culture and Tourism will speed up its development."
The popularity of Lantau Island has finally made Wall Street unable to sit still. Didn’t you fail to accept Far East Land’s US$150 billion valuation? Are you regretting it now?
There is no use regretting. My Far East Land is not listed yet. I will directly split up my subsidiaries and raise funds in batches.
Far East Culture and Tourism, which only has Lantau Island real estate and Far East tourism projects, was directly valued at US$175 billion by Luo Nianzhong, which stunned global investment institutions. The key point is that several Wall Street giants have already accepted it.
It is impossible not to accept it. Far East Tourism's profitability is too strong now. The annual revenue of Disneyland and the water park alone exceeds one billion US dollars, not to mention the large number of properties on Lantau Island.
The decision to shelve the Disneyland plan on the island and choose to build Disneyland in Hong Kong Island was hailed as a stroke of genius for Far East Culture and Tourism.
Who would have thought that Japanese people love Disneyland so much? Even the current economic downturn in the island country cannot stop Japanese people from contributing at least US$500 million in revenue to Hong Kong Disneyland every year.
Relying on its own ability to generate revenue, Far East Culture and Tourism has begun to develop the tourism industry in Asia in recent years, and it is still profitable.
Now that Lantau Phase II is open, all of the group's businesses are on the rise, making investors extremely excited about the future of Far East Tourism.
"The Audi Group has already contacted Huang Hongnian and discussed with him about jointly establishing the world's largest tire group.
However, we have significant differences, which mainly focus on equity distribution.
Once the two parties reach a cooperation, the tire manufacturers owned by Nissan and some tire manufacturers under Audi will definitely be acquired.
In this cooperation, we provided technology, funds and assets, and were obviously the party that paid more, but Huang Hongnian wanted a 51% controlling stake."
This is definitely impossible. He can be the major shareholder, but he can't even think about controlling the company. Luo Nianzhong supports Piech on this point.
“There is also the Audi brand. Starting next year, we will fully launch new models and switch to the Audi A2, A4, A6, A8 and other models.
At the same time, Audi is designing a luxury SUV model, and the various resource platforms and technologies within the group are also being integrated."
In the end, it is still going to follow Volkswagen's old path, but there is nothing wrong with Piech doing this, as it can indeed reduce costs.
"Watsons' expansion is mainly in the food and beverage sector. We have reached an agreement with Britain's Cadbury to acquire it at a valuation of US$29 billion, using a combination of equity and cash."
Cadbury is a confectionery manufacturer based in Birmingham, England, and is the largest confectionery manufacturer in the UK.
The candies and chocolates it produces have always been royally certified and it is a supplier to the Queen's family.
In addition to candies, Cadbury is also very famous in the field of soft drinks, and Yuquan belongs to them.
Compared with Yuquan, Bugui has a product that should be more well-known, but it has not been developed yet, that is Xuanmai.
“Besides Cadbury, we are also approaching Danone to acquire its global biscuits business.
However, Danone’s asking price was too high, $45 billion, and we have now shelved the acquisition and are looking for other targets.”
Compared with the large-scale expansion of other groups, Honor has been developing steadily in recent years. Although the iterative products launched every year are upgraded and updated to lead the times, no revolutionary products have been launched.
But this year is different. Honor has once again disrupted the music industry and launched its latest products.
"The MP3 we launched at this year's Far East Expo became a global hit as soon as it was unveiled, and we are still receiving orders from all over the world."
MP3 is a data compression format proposed by a German engineer from the Far East Laboratory in 1989. Later, Philips and France's CCETT also joined in. The three companies went from competition at the beginning to cooperation and unified the standard.
At the end of last year, Honor solved a number of technologies such as psychoacoustic aliasing attenuation post-processing and hybrid conversion mechanism, and officially launched MP3 this year.
In terms of ports, Luo Nianzhong could offer the least advice to the Far East Port Management Company.
"At the beginning of this year, we successfully won the right to use two terminals in the Port of Rio de Janeiro, one of the three largest natural ports in the world, and we have also made achievements in South American countries such as Chile and Argentina.
In Rabbit, Yantian Port has started operation, Modu Port has entered the construction stage, and we have also invested in 7 ports of various sizes in coastal cities and inland river basins.
However, our development in Europe has not been satisfactory, mainly because United Ports has too much advantage as a local force."
“Just do your best.”
The Luo family is also the second largest shareholder of United Ports Company, and it’s a matter of fact.
When the United Ports Company was co-governed with the Grosvenor family, it was not without the intention of leveraging the family's influence in Europe. Britain still has some influence in Europe.
The last speaker was Yuan Tianfan from Far East Communications. As for companies such as semiconductors and chips, they did not need to report at all.
The entire Far East system knew that this was Luo Nianzhong’s biological son and basically understood it.
"The sales of the HanTang 1610 we launched last year exceeded expectations, with global shipments exceeding 4000 million units. Even though major manufacturers and HanTang have launched new models this year, the 1610 has always been the sales champion.
The sales department predicts that the final sales volume of Han Tang 1610 is likely to exceed 8000 million units, which would not be surprising even if it becomes the first mobile phone in history to achieve sales of over million units.
As for the mobile phone business we established in cooperation with Ericsson, it has also developed into the second largest mobile phone brand in Europe this year, with sales in Europe second only to Han Tang and Nokia.
This year, Far East Communications’ focus is to integrate and acquire telecommunications operators in Southeast Asia and vigorously develop its telecommunications business.”
Luo Nianzhong nodded in understanding, and then remembered something.
"Speaking of this, I forgot to tell you that you will be going to the capital in a few days to discuss a business."
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