Chapter 167 Old Friend (Part 2)
The taxi drove two blocks and arrived in front of the Aoba Group's branch building in Yangon.
This area is filled with Aoba Group’s office buildings and properties.
After getting off the car and seeing the dense crowds of people in the square outside, Jiang Haitao still put on his mask out of habit.
The locals around were dressed very fashionably, wearing shorts with T-shirts, or holding umbrellas and drinking iced milk tea.
If it weren't for the Burmese signs all over the ground, Jiang Haitao would have thought he had come to a small city in Lingnan.
"Let's go!"
The two entered the office building of Aoba Group's Yangon branch.
The receptionist smiled and asked in Burmese: "Can you help me with anything?"
"Uh..." Assistant Zhang Qin quickly asked in English, "We don't speak Burmese. Can we use English or Mandarin?"
The receptionist took a look at the two people and probably guessed that they were Chinese, so he said to another receptionist: "Riemann, they should be Chinese, you serve them."
Li Man, who was born in China, nodded, then turned around and asked, "You two, I can speak Chinese, what can I do for you?"
Jiang Haitao and Zhang Qin finally breathed a sigh of relief.
"I am the interim vice president of Xinxin Group. Mr. Li Qingye of your company holds shares in Xinxin Group. I need to meet with Mr. Li Qingye to discuss the reorganization of the management of Xinxin Group. Please inform me."
Riemann was a little surprised, but she asked carefully and then called her boss.
After more than twenty minutes of reporting through various levels.
This news even reached Li Qingye's ears.
Li Qingye in Luzon had actually anticipated Jiang Haitao's arrival. After all, Du Shuping and others were "visiting" in Luzon, and the Xinxin Group, which was leaderless, must be in chaos.
As the largest shareholder at this time, coupled with his own influence, if the Xinxin Group still dares to ignore him, then Su Ruoyu and others would be really stupid, because at this time only Li Qingye can save the Xinxin Group.
Li Qingye considered that he was in Luzon and it was inconvenient for him to go to Hongsawadi, so he asked Philip to send his ideas to Ma Chi and let Ma Chi discuss the matter on his behalf.
…
Jiang Haitao and Zhang Qin took another flight and arrived in Dongzhi.
This is the largest city on the Shan Plateau and the official headquarters of the Aoba Group.
The built-up area of the entire city has expanded more than four times compared to before.
After getting off the plane, Jiang Haitao was shocked by the strength of Qingye .
Almost the entire city is the property of the Aoba Group, and Dongzhi can even be renamed Aoba City.
In fact, Jiang Haitao had collected information about Qingye Group on the Internet before coming here , but the moment he saw this huge company with his own eyes, he felt that the picture he had imagined in his mind was still too lacking in imagination.
According to online assessments, the total assets of Qingye Group are at least 500 billion yuan, equivalent to about 360 billion Chinese yuan.
Its core businesses are pharmaceuticals, glass, cement, beverages, agriculture and finance.
The reason for such a high valuation is largely due to Aoba Bank's nearly 300 tons of gold reserves and Aoba Medical's new drugs.
In fact, everyone underestimated the Aoba Group. After all, it has many hidden assets that are difficult for the outside world to detect.
But even so, for Jiang Haitao, Qingye Group is still a behemoth. Even the former Xinxin Group only had more than 60 billion yuan at its peak.
And there is a huge difference between the two.
Qingye Group is a technology-based enterprise, and a large part of Xinxin Group's industrial value actually comes from real estate and building materials. This part of the assets is inflated.
If Qingye Group is counted as real estate, then about a quarter of the real estate in Hongsawadi is currently owned by Qingye Group. If they really want to engage in real estate speculation, the assets of Qingye Group can be inflated to the level of trillions of gold yuan.
The question is, is this asset useful?
The answer is obvious.
Gold and dollars cannot anchor excessive amounts of real estate in Hongsawadi. Naturally, the value of real estate in Hongsawadi has actually been fixed within a period of time.
Based on Hongsavadi's population of 56 million, the upper limit of housing demand is about 10 million units. Add in commercial and office buildings, and the ceiling of the market is there.
Housing and commercial construction that exceeds demand is obviously a waste of resources.
Hongsavadi does not have so much money to invest in such waste. Now Hongsavadi's construction materials are basically consumed on roads, water conservancy facilities and urban infrastructure.
Investing limited resources in the areas that need them most is what Qingye Group pursues. Those numbers on the books are meaningless.
After all, the current Aoba Group will not go bankrupt unless it encounters an armed invasion by foreign enemies.
Why is it possible for ordinary companies to go bankrupt?
Because ordinary companies rarely have control over all the resources of a region. Even controlling all the resources of a small city is difficult for ordinary companies to do.
The Qingye Group controls the entire Hongsawadi, which has huge agricultural resources. Even if it does not trade with foreign countries, the Qingye Group can still stand firm.
Since there is no crisis of bankruptcy and there is no need to pay dividends to shareholders, and the Aoba Group only needs to meet the living needs of its employees, it naturally does not need to pursue numbers on the books.
After all, no matter how good the numbers on the books look, Qingye Group’s actual gains will not be a penny more.
Could it be that if Qingye Group said that its revenue would increase by dozens of times, it would earn dozens of times more? This is obviously impossible.
In essence, virtual economic growth means little to giant companies.
Many people actually do not understand economics, or they are trapped in Western economic thinking.
The operating mechanism of the Western economy is not for development, but for enrichment, or to put it more directly, for plunder.
Physical wealth is composed of resources, agricultural products, industrial products, equipment, technology, knowledge and services. These things exist in themselves and there is no possibility of disappearing in an instant.
However, in the operating model of the Western economy, the trick of sudden disappearance has appeared.
So why play this game?
Because it is profitable, wealth can be accumulated legally through this financial magic.
Who doesn’t like to get rich overnight?
How can one become rich overnight when the growth of social entity wealth is relatively stable?
The answer, of course, is to legally transfer the wealth from other people to your own hands.
At this time, credit currency and financial instruments are the key to this magic.
For example, issuing more currency, hyping up a certain commodity to make it exceed the value of the commodity itself, and then attracting other people to invest in this market, and quickly accumulating wealth in the game of passing the parcel.
It is through this economic model that the West accumulates various types of real wealth.
However, this model is actually of little significance to giant companies because their own wealth has already been enriched.
Is it possible that giant companies can enrich themselves?
This is like a vampire, which has no way to suck its own blood for replenishment. If it sucks its own blood, it may even cause unnecessary losses due to the loss during the blood sucking cycle.
There are only two ways for the vampire giant enterprise to grow and become stronger.
It can only continue to expand by devouring the outside and assimilating it into a part of itself.
Or you can work hard on your internal skills (develop your skills), tap into your own potential, and make yourself stronger.
