The unparalleled talent of the country started from Harbin Institute of Technology

May 28, 1988, Guangzhou, Huxin Island.

Inside the villa's living room, Wang Duoyu's family was having dinner.

"Xiaoli, let's discuss this. I'm going to the Qinghai-Tibet Plateau in a couple of days. Do you want to go to Jiuzhaigou, Shangri-La, or maybe Harbin?"

Having stayed in Guangzhou for so long, and with the weather gradually getting warmer, Wang Duoyu also wanted to leave.

The main reason is that the path to proving the Riemann Hypothesis is not ideal.

He already has an idea: to combine several mathematical tools, including the linear matrix method, weighted integral method, numerical approximation method, matrix transformation method, and analytic geometry method, to see if he can crack one or two of them.

The reason was that it was too difficult, and he couldn't think of a better solution.

Of course, he also explored other approaches, such as grid computing, factorization, symmetry analysis, linear programming, network flow methods, and topology methods.

However, in his view, these approaches are probably similar to the linear matrix method.

It's like trying to quench thirst by looking at plums; you can't actually touch the fruit, you can only scratch the surface.

Therefore, he thought that perhaps by combining them, he could solve the problem.

He hasn't implemented this method yet because he wants to give his brain a break.

This relaxation is very different from the previous ones.

To be honest, he hasn't hunted for a while now. In the second half of this year, China will most likely implement a wildlife protection law.

If this policy is implemented, he will no longer be able to hunt many wild animals.

To be honest, he didn't hunt these wild animals for their beautiful fur or firm meat, nor was it to satisfy his vanity.

It's simply a way to relax and release stress, nothing more.

Wang Duoyu is very rich, and he is also very good at making money.

What beautiful animal fur could he not have?

If he weren't uninterested in saber-toothed tigers and mammoths, he would have invested money to have people study these prehistoric animals.

"Can't we just stay in Guangzhou? Are you really that eager to get rid of us?"

Liu Xiaoli rolled her eyes and said coquettishly.

"Dad, Mom, I want to go to Shangri-La! I also want to eat delicious pine mushrooms and pig mushrooms, they're so delicious!"

"Yes, Uncle, Aunt, I also want to go to Shangri-La. I remember there was some kind of flower there before, it was very beautiful. I'll go find my picture."

"I don't want to go to Shangri-La, I want to go to Jiuzhaigou. I miss the little wooden houses there, I wonder if they're still standing."

Li Rongrong, Lu Yuening, Wang Junan and the other children immediately started talking all at once.

They all have their own ideas about playing games.

A four- or five-year-old child is not a child anymore and knows what he or she wants.

It seems like it was the year before last when Wang Duoyu and his friends went to Jiuzhaigou and built a wooden house by the lake in the Jiuzhaigou Scenic Area.

Li Rongrong and the others were there at the time, but only Lu Yuening had a good memory and remembered the wooden house. Wang Junan was only two years old at the time, so of course he couldn't remember it now.

The kids were talking all at once, with no consensus, so Wang Duoyu suggested they decide by playing rock-paper-scissors.

Liu Xiaoli watched this scene with a smile, not paying any attention to it.

The next day, Wang Meili, Zheng Baoyin, and Li Efra returned from outside.

It was time for the Want Want Group's senior management meeting again, and Wen Shixuan and other senior executives came to Guangzhou from all over the country.

This is where the advantages of having your own plane become apparent.

Although China Northern Airlines operates a considerable number of aircraft, none are as convenient as the private jets owned by the Want Want Group.

In other words, the planes that Zheng Baoyin and his team purchased haven't arrived yet; otherwise, things wouldn't be like this.

At times like this, Wang Duoyu would think to himself, if Heilongjiang Aircraft Manufacturing Plant and Pioneer Technology Manufacturing Plant had just put in a little more effort, he wouldn't have let Zheng Baoyin and his team give the private jet order to Gulfstream Aerospace.

The executives are back, so this time the dinner won't be at Wang Duoyu's house. Since there are too many people, we'll eat out instead.

The group gathered at Yindeng Restaurant on the third floor of Guangzhou Hotel, a restaurant whose food was said to be excellent.

Anyway, it was a restaurant that Liu Xiaoli had been talking to other people about over the past period of time.

Wang Duoyu and Liu Xiaoli had been here once before and thought it was pretty good, so they decided to have their meal here this time.

Because of the large number of people, they booked out both the Lotus and Bamboo Halls completely.

This means that the entire period from 5 PM to 9 PM tonight was booked by Want Want Group.

"You should try the stir-fried shrimp and vermicelli casserole and the signature poached chicken; they're both excellent."

At the dinner table, Wang Duoyu urged his two younger sisters and their husbands to eat more.

He has a very good relationship with his two younger sisters, and they have lived together for many years.

Wang Junhong lost his mother at a young age and was raised by Wang Meili, Wang Meihe, and Liu Xiaoli.

Li Rongrong and her three siblings often stayed at Wang Duoyu's house, so the three siblings had a very close relationship.

"Okay, I know, brother and sister-in-law, you should eat more too." Wang Meihe nodded with a smile and then started talking about what she had seen and heard abroad recently.

Last time, Zheng Baoyin talked about the bizarre saints he met in the United States.

Unexpectedly, Wang Meihe also witnessed some rather bizarre things in Tokyo this time.

In short, a big forest has all kinds of birds.
The group ate and chatted, creating a lively atmosphere.

Children like Li Rongrong, Wang Junan, and Lu Yuexin were especially happy, simply because they loved excitement the most.

As long as they don't cry, make a fuss, or cause trouble, Wang Duoyu is too lazy to bother with them.

After they had eaten and drunk their fill, Wang Duoyu and his companions got up and left.

It's clearly inappropriate to discuss business outside; they definitely wouldn't do that.

Besides, tonight is just a dinner party. Everyone has been drinking. Tonight is just about eating and drinking, no business will be discussed.

The next day, in the morning, everyone arrived at the villa on the island in the middle of the lake and immediately turned the living room into a meeting room.

Liu Xiaoli and her family went out for a trip with their children and were not at home.

Alan Costa, head of the Velociraptor Fund, was a little nervous as he attended such an executive meeting for the first time.

The senior executives who become core members of this group are all trustworthy people.

They also knew some of the history of the Want Want Group.

Moreover, Allen Costa knows best how fast the Raptor Fund makes money.

"Our revenue for the first quarter was quite good, and the economies of Europe and the United States are currently recovering."

In 1988, the global economic landscape showed a clear trend of divergence.

The US economy faces numerous challenges and adjustments in this era.

The Plaza Accord of 1985, the Louvre Accord of 1986, and the stock market crash of 1987 all failed to reverse the hollowing out of traditional manufacturing in the United States.

Therefore, they are vigorously developing high-tech industries in order to reduce their reliance on traditional manufacturing.

As science parks, represented by Silicon Valley, began to become one of the important engines of global technological innovation, Want Want Group companies such as UMA Apparel, Pandora, and Walsin Technology had already completed their industrial layout.

Following the stock market crash, the US economy recovered, albeit very slowly, but this had little impact on companies like Yuma Apparel.

At this time, American capitalists had already been drawn to the high technology in Silicon Valley.

A large influx of capital and talent has poured into fields such as information technology and biotechnology, and internet companies have sprung up like mushrooms after rain.

Facebook, in particular, has attracted the attention of several top U.S. investment banks, including Sequoia Capital.

As soon as Zheng Baoyin finished his report, Facebook executive Tong Zhigang spoke up:
"That's right, things are really crazy in Los Angeles right now. Our Facebook daily traffic has already reached 1.48 million, and we expect it to break through 1.6 million, or even 1.7 million, by June."

"Professor, I didn't believe you when you said the daily traffic would exceed two million this year, but now it seems it will probably be even higher."

hiss!
Everyone gasped.

Especially those Wall Street executives like Lee Evra, O'Brien, and Dylan Dario were even more shocked.

Wang Jianchao suddenly interjected:

"Uncle Jiu, I'm afraid Facebook will soon become a model for other capital to imitate. Shouldn't we take other measures?"

"What methods do you intend to use? Internet technology companies are different from traditional companies like Pandora. Those who imitate me will live, and those who follow me will die. Facebook will soon be able to build its own moat. Those imitators who rely entirely on capital, haha, what do they have to fight against Facebook?"

After a pause, Wang Duoyu continued:

"Besides, the US has antitrust laws. We don't need to monopolize everything. We'll also invest in other internet companies later. In short, I've already planned it out. Let's take it slow, no rush."

We are still in the early days of the internet, where many unsung heroes have emerged.

A temporary dispute proves nothing.

Only those who can consistently maintain a leadership position are truly strong.

Tong Zhigang has finished his report; next up is Wang Jianchao.

Pandora's situation is somewhat different from Yuma Apparel's. In the US market, sales were similar to the same period last year, but revenue increased slightly.

The main reason is that Pandora has raised the prices of its products.

In fact, given last year's stock market crash, Pandora's price not only didn't fall, but actually rose.

Consumers don't quite understand, but they have no choice but to accept it.

In Japan, Pandora's sales and revenue have not only increased, but have actually increased by 26 percent compared to the same period last year.

Overall, it perfectly reflects the current state of Japan's bubble economy.

1988 was the period of expansion of Japan's bubble economy, which on the surface presented a prosperous scene.

Although Japan was also affected by the global economic tsunami triggered by the US stock market crash last year, it recovered quickly, and even began to rebound in December of last year, exceeding the economic situation before the October stock market crash.

This also illustrates that the Japanese economy is indeed very strong.

The stock and real estate markets are booming, and the Nikkei index has been climbing steadily since January of this year, with very few instances of decline.

Real estate prices in major cities such as Tokyo and Osaka have soared to astonishing levels.

Affected by the stock market crash, international speculative capital has entered the virtual economy with a large amount of funds. Many companies and individuals have invested in the stock market and real estate market, hoping to make huge profits through speculation.

For example, Wall Street's Quantum Fund, Magellan Fund, and Bridgewater Associates have all allocated large amounts of funds to the Japanese market.

"Brother, I agree with Jianchao's point of view. The situation in Japan right now is indeed dire."

Wang Meili suddenly interjected at this moment:

"Near where my sister and I live, there are several neighbors who each have at least 20 million yen in debt, and they are still dreaming of taking out another loan to buy a house and becoming landlords."

Why are these ordinary citizens able to get loans so easily?
This is the loose monetary policy that Takeshita Noboru, Miyazawa Kiichi, and others have been implementing.

Loans are easy to obtain, very simple, and the interest rates are not high, plus the real estate and stock markets are already quite hot.

At this point, Kiichi Miyazawa and his team dared not resort to any underhanded tactics to burst the economic bubble.

We will have to wait until next year, when Yasushi Mieno takes office, before raising interest rates and proactively bursting this huge bubble.

Therefore, we are currently in the extreme expansion phase of Japan's bubble economy.

Wang Duoyu nodded from time to time, but did not make any comments.

Following that, Wang Jianchao described Pandora's performance in the European market.

In 1988, the European economy was also undergoing profound changes and adjustments.

With the continuous advancement of European integration, cooperation within the European Community in the economic field has been further strengthened.

That same year, they passed a series of measures, such as unifying market standards and eliminating trade barriers, which promoted the growth of intra-European trade and investment.

Of course, at this time, the German economy became the most crucial factor.

Germany is highly competitive in fields such as automobile manufacturing and mechanical engineering, and its products hold a significant share of the international market.

Of course, Daimler-Benz, BMW, and other companies have since been acquired.

Following their acquisition, Daimler-Benz and BMW have begun relocating their factories.

The production of some less critical components will be outsourced to the joint venture vehicle factory currently under construction in Harbin.

It is believed that before long, even engines and related components may be manufactured by joint venture car factories.

However, at present, the weakening effect on the German automotive manufacturing industry is not obvious.

That's roughly the situation of the European economy. Pandora, a luxury clothing store, is not performing as well as it did in the same period last year in the European market, but it's not falling too far behind.

Overall, it's pretty good.

With the added benefit of the Japanese market, it's clear that Pandora's revenue this year should surpass last year's.

After Wang Jianchao finished his report, they arrived at the Motong Toy Factory.

As the person in charge, Qiao Hanliang immediately outlined several major collaborative projects.

First, all the copyrights to the novel Jurassic Park have been acquired.

The next step is to adapt it into a film, which will require a huge investment. If Magic Child Toy Factory wants to gain a dominant position, it will need to acquire a film company.

Wang Duoyu remained silent on the issue, while Zheng Baoyin, Li Efra, and O'Brien had already shared their opinions.

They all wanted to acquire a Hollywood giant.

It is said that Sony Corporation of Japan has already contacted Columbia Corporation.

Coca-Cola holds a significant stake in Columbia, and any attempt to acquire it would require contacting Coca-Cola.

However, several companies, including Maple Tree Capital, Summit Global, and Sun Capital, have already bought up a significant number of Coca-Cola shares at bargain prices.

Currently, over 60% of the stocks on the secondary market have been bought up by companies like Maple Tree Capital.

The remaining portion was acquired by Berkshire Hathaway and is held by retail investors.

In mentioning this, we must discuss the unusual stock price issue of Coca-Cola this month.

The stock price of Coca-Cola rose as Buffett joined in buying the dip.

Maple Tree Capital and others naturally wouldn't let go of the lucrative opportunity, but Buffett acted decisively, and as a result, during the four months of January, February, March, and April, several of their companies were vying for Coca-Cola shares circulating in the secondary market.

This led to an increase in the company's profits.

Everyone initially thought it was just a normal economic recovery following the stock market crash.

Buffett and O'Brien, among others, also exercised relative restraint, preventing the stock price from rising too excessively.

But by May, retail investors weren't stupid anymore and finally realized what was happening, so the stock price rose even faster.

This caused a huge uproar; nobody wanted to sell their shares anymore.

Everyone was waiting for the stock price to rise, resulting in a shortage of sell orders and a large number of buy orders.

Nowadays, if you want to help the Magic Toy Factory, it's very simple: just have Coca-Cola acquire Columbia Pictures.

As for the source of funds?
Small problem, leveraged buyout, take a look!
Want Want Group has profited significantly from its previous actions, including going long on the Japanese yen and the German mark and shorting US stocks.

The profits amounted to tens of billions of US dollars, but that money was either invested in oil, bought up US stocks at rock-bottom prices, or invested in the Japanese real estate and stock markets.

The funds have already been allocated and cannot be released again.

Otherwise, the previous acquisition of BMW and the subsequent acquisition of Audi would not have required leveraged buyouts.

At this time, both the United States and Japan have loose monetary policies, so it is relatively easy for companies that want to raise funds.

The interest generated from loans is negligible compared to the enormous profits.

"Uncle Jiu, I think Bao Yin and the others make a lot of sense. What do you think?"

Wang Jianchao asked.

He knows quite a bit about Hollywood. He had previously wanted to register a charity in Hong Kong Island and then contact those Hong Kong and Taiwanese stars to pick up girls.

But after his scheme was exposed and he was reprimanded by his ninth uncle, he had no choice but to carry it out in a more covert way.

Asking him to acquire the eight major Hollywood studios is clearly beyond his capabilities.

But if it's a film company from Hong Kong Island, then he definitely won't have any problems.

He only wanted to pick up girls, so after careful selection, he still chose to spend money directly.

Wang Jianchao looked down on Hong Kong films because they weren't profitable, or rather, the profit-making process was too slow.

A film can cost tens of millions of Hong Kong dollars to produce, which is less than two million US dollars, but the box office revenue is at most tens of millions of Hong Kong dollars.

Although the box office revenue from outside the city was considerable, it wasn't much at all, and Wang Jianchao didn't care about it.

With his lavish spending, Wang Jianchao naturally developed close relationships with several Hong Kong celebrities.

Wang Jianchao directly paid four female bodyguards for each female celebrity, providing 24-hour protection.

The so-called protection of female celebrities actually implies a form of regulation.

We can't exactly cuckold him, can we?
When these female celebrities learned that Wang Jianchao was the president of Pandora's American company, they were all overjoyed.

They also expressed their desire to work in Hollywood.

After all, no matter how famous Hong Kong Island is, it can't compare to the awe-inspiring Hollywood.

However, while Wang Jianchao had decent connections in New York, his relationships in Hollywood, Los Angeles, were rather so-so.

This made it difficult for him to hold his head high in front of those Hong Kong female celebrities.

He had been declining their offers repeatedly, and now it was already May 1988; it was time for him to fulfill his promise.

For this reason, Wang Jianchao also has some understanding of the current eight major Hollywood figures.

Currently, Paramount should be ranked number one, with last year's box office champion being "Fatal Attraction".

Second is Warner Bros., and third is Columbia Pictures.

Following them were 20th Century Fox, Universal Pictures, Disney, MGM, and United Artists.

Hollywood currently has eight major film studios, each with a long history and immense strength.

Therefore, if he could advise his Uncle Nine to acquire Columbia Pictures, then Wang Jianchao could use that connection to send those Hong Kong actresses who aspired to Hollywood to Hollywood to develop their careers.

Wang Duoyu gave his nephew a deep look, and then said:
"Acquisition is fine, but if we're going to acquire, we'll acquire the best company. Columbia Pictures is good, but..."

"Let's just give it to Sony."

"Coca-Cola's stock price is rising rapidly right now, and in theory we should have made a considerable profit, perhaps even enough to gain full access to Coca-Cola's board of directors, but there's no need for that."

"Coca-Cola's appetite is already spoiled; there's no need for us to join them."

"Also, Universal Pictures and 20th Century Fox are two companies we could acquire. O'Brien, I remember we bought some stocks at rock-bottom prices, right?"

O'Brien, who was mentioned, immediately nodded, indicating that it was indeed true.

Seeing this, Wang Duoyu continued:

"In that case, let's try to acquire more shares from the secondary market, focusing on the three film giants: Paramount, Universal Pictures, and 20th Century Fox. We can forget about the others."

"If we can successfully acquire it, that would be the best; if we can't, that's okay too."

"By the way, besides the movie companies, how are the acquisitions of Marvel Comics and DC Comics going?"

Since he didn't have money before, Wang Duoyu would never have thought of taking action.

But now that they have money, it's natural that they'll be buying up US stocks at rock-bottom prices, including acquiring some film and entertainment companies.

While the money-making speed of film and entertainment is indeed not as fast as that of finance.

However, even Wall Street giants are all eyeing Hollywood.

Finance can be very profitable, but don't forget that not everyone has the same foresight as Warren Buffett.

Wang Duoyu did make a lot of money in the financial market, but that was all from a high vantage point, achieved by standing on the shoulders of giants.

We must be down-to-earth and work hard; manufacturing is the real way out.

Upon hearing Wang Duoyu's question, everyone exchanged bewildered glances. This leap was rather rapid.

"The acquisition is progressing smoothly so far, and we've reached the final stage of negotiations. The other party will most likely agree to our offer."

Neither Marvel Comics nor DC Comics are doing very well right now.

The price is also very low, and it is not difficult to acquire them.

However, Americans are notoriously greedy, so to be honest, it would be quite difficult to acquire such a company from them.

Of course, Wang Duoyu prefers Marvel Comics more because most of the characters in the company have been verified in the original timeline and can make a lot of money.

If they acquire Marvel Comics and then one or two other Hollywood giants, the future of the Hollywood film market will be very exciting.

After discussing the acquisition, Qiao Hanliang spoke again:

"Secondly, our Moto Toys factory's revenue in the first quarter of this year exceeded that of the same period last year, and profits also increased significantly."

If this still doesn't lead to an increase, then Wang Duoyu will start asking what exactly is going on.

"The main sector is luxury toys, which are experiencing rapid growth. Many people really like metal toys, especially those related to aircraft carriers and fighter jets, which are the most popular."

Upon hearing this, everyone looked on with curiosity.

Especially for newcomers like Allen Costa, they had never even heard of the Magic Child Toy Factory before, since they had never been in contact with it.

I didn't know that many toys on the market are actually produced by their company.

Toy aircraft carriers can be launched directly into the water, and the planes on them can even take off.

However, these kinds of toys are very expensive because the cost and technology involved are relatively high.

For example, the airplanes on toy aircraft carriers are actually drones, and they incorporate a lot of patented technologies.

The Motong Toy Factory was able to produce this product only because it obtained patent authorization from companies such as Diaopai and Wujiang Technology.

A single drone can cost as much as six or seven hundred dollars, so an aircraft carrier that can be launched and whose carrier-based aircraft can fly would naturally cost tens of thousands of dollars.

Such a price is certainly not something that ordinary people can afford.

However, there are many rich people in the world, especially in the United States, which can be said to be one of the countries with the most rich people.

"Yes, well done," Wang Duoyu nodded.

His calm and collected demeanor left Allen Costa and the others speechless.

How could Professor Wang remain so calm about such a profitable company?
Is it really because I've heard too much that I'm now so calm?

Zheng Baoyin and his men were already used to it.

Moreover, if we were referring to last year, we would get together almost every month, but this year, we'll probably only get together three times.

Next it was Wen Shixuan and the others' turn, and half an hour passed quickly.

Next came O'Brien and the other heads of financial companies, but Wang Duoyu told them that a simple report was enough.

Anyway, it's all about spending money; no one makes money, except for the Velociraptor Fund.

So the last person to report was Allen Costa.

The $800 million investment limited the Velociraptor Fund's ability to generate profits.

Based on the current performance of the quantitative trading system, Allen Costa believes that another three billion US dollars needs to be invested, and that subsequent profits should be kept in the Raptor Fund as much as possible to generate compound interest.

By the end of the year, the Raptor Fund will have earned several billion US dollars.

"Oh, I see, high-frequency trading generates the most profit, right?"

Upon hearing this, Wang Duoyu immediately indicated that he understood and asked a question, which prompted the other party to nod repeatedly:
"Yes, Professor, currently the most profitable segment is high-frequency trading, but the profit-making speed and scale of other major sectors such as arbitrage trading, market overreaction, trend and momentum trading haven't decreased much."

"Okay, I understand."

After a moment's silence, Wang Duoyu finally spoke:
"Alright, Bao Yin, Li, and O'Brien, I'm giving you a task: each of you find relevant banks to take out loans and raise one to two hundred million US dollars, then hand it over to the Velociraptor Fund to manage."

"Let's get together again this October, and then we'll see how the quantitative trading system is performing. Then we can decide whether to extend it to other financial institutions."

Quantitative trading systems are excellent financial tools; this company is simply the most amazing.

However, it also has a fatal flaw: it requires a highly confidential and more specialized technical team.

In short, quantitative trading systems are highly dependent on talent, especially geniuses or mathematicians who are very sensitive to numbers.

Only a team like this can make money for the company; otherwise, even with a very good trading system, the speed of making money will be greatly reduced.

However, recruiting more talented and qualified individuals is still extremely difficult.

Therefore, it is not so easy to promote and popularize this quantitative trading system to other financial companies.

"Okay, Uncle (Professor), I understand!"

Zheng Baoyin and the others nodded quickly, indicating that they understood, and they also noted this down in their notes.

At every gathering like this, they need to take notes, because a bad pen is worse than a good memory.

Only Wang Duoyu brought nothing, but he could rattle off all the data off the top of his head.

His understanding of the many companies under the Want Want Group is sometimes even more in-depth than that of the people in charge themselves.

Even though he had never run these businesses, was not in charge of them, and had never conducted on-site investigations, he seemed to know them inside and out.

Such terrifying memory is truly rare.

In any case, Zheng Baoyin and his men wouldn't dare to do anything underhanded.

After all, Wang Duoyu only needed to glance at those financial statements to pinpoint the relevant situation accurately.

There was a time when I was working on the cost of the payroll for a branch office in Europe.

Even though three employees left the company six months ago and their information is no longer recorded on the attendance sheets, the payroll still shows that these three employees are receiving salaries.

This payroll was only seen by the person in charge at the next higher level, and the people below were unaware of it, which led to the financial director embezzling the money.

It may seem like a small amount, but it was these small actions that enabled this CFO to change villas and luxury cars in just two years.

Wang Duoyu hadn't paid attention to this matter before, but one day he suddenly felt like looking through some relevant documents to relax his mind.

Then, by sheer coincidence, I came across such a case.

The company's manager failed to notice the attendance sheet and check the payroll, which led to the matter being glossed over.

The head of the European branch was already very busy, and after many reports were submitted, he only signed them without reviewing or verifying them in detail.

On the contrary, Wang Duoyu was able to memorize the data and find the loopholes in it by casually flipping through it.

Such vulnerabilities are usually overlooked by the average person.

But those in the front-line management departments don't have access to these reports, so naturally no one knows about these shady dealings.

This is how the practice of deceiving superiors and concealing the truth came about.

"Is there anything else you'd like to add? Or do you have any questions?"

The party hadn't even lasted an hour before it ended.

Wang Duoyu thought it was very efficient, so he shouted it out.

As a result, Zheng Baoyin was the first to speak, asking whether they wanted to acquire Gulfstream Aerospace. Wang Duoyu immediately countered with a question:

"Why buy it? You know we already have two aircraft manufacturers in Harbin: Heilongjiang Aircraft Manufacturing Plant and Pioneer Technology Manufacturing Plant. Why would we bother acquiring Gulfstream Aerospace?"

Fifteen years ago, Allen Paulson spent two million dollars to purchase the Gulfstream production line from Grumman and took over Gulfstream's various programs, thus giving birth to Gulfstream Corporation.

Subsequently, the Gulfstream series of business jets were launched, all of which are private aircraft.

However, the private jet market was just emerging at this time, and it was not very popular even in the United States.

With the addition of aircraft manufacturers such as Boeing, competition is fierce, and the private jet business is also within their scope of operations.

Therefore, it is very difficult to stand out from the crowd.

Based on the original timeline, it wasn't until 2001, after General Dynamics acquired a controlling stake in Galaxy Aerospace, that it added Galaxy and Astra business jets to the Gulfstream series, thus expanding its business jet fleet.

In short, Wang Duoyu was not envious of the private jet business, because private jets, which seemed expensive and should have high profits, were actually just so-so.

Besides, selling private jets is not an easy thing.

To be honest, selling regular commercial airliners would be more profitable.

"No, Uncle, as you know, when we buy a private jet from Boeing or Gulfstream, after all the customizations, the price is tens of millions of US dollars. Isn't that expensive?"

Zheng Baoyin immediately became anxious and hurriedly explained.

Four years ago, a Boeing 747 cost $80 million, and now the price has gone up to $85 million.

If it needs to be converted into a private jet and equipped with a series of luxury decorations, it will require at least an additional 20 million US dollars.

Just four years ago, a Boeing 737 cost $15 million.

Converting it into a private jet would require an additional five to ten million US dollars.

The Gulfstream C-20B business jets delivered this year are equipped with special mission communication equipment and use Rolls-Royce Spee MK511-8 turbofan engines, with a price tag of up to 30 million US dollars.

The transport version of this aircraft, which is essentially the basic model, costs 20 million US dollars.

Last year, the U.S. Air Force spent $40 million to purchase two C-20 transport aircraft.

Therefore, it is not difficult to see from these data that if Gulfstream Aerospace were acquired, making money would be a certainty.

After all, the price is what it is, and the profit per aircraft must be at least five million US dollars, right?
Zheng Baoyin is now a qualified business leader, so he naturally places more emphasis on profits.

Upon hearing this, Wang Duoyu shook his head and said:

"You're oversimplifying things. Don't treat people like fools!"

"Alright, let's stop discussing this. Do you have anything else to discuss?"

Whether it's acquiring Marvel Comics, buying up US stocks at rock-bottom prices, or even acquiring Hollywood giants like Paramount, it doesn't matter.

Because it doesn't touch on other people's sensitive nerves.

Even if Wang Duoyu does acquire Hollywood giants like Paramount or 20th Century Fox in the future, and thus changes the cultural icon of Hollywood.

But by then, it was too late.

After all, by then, Want Want Group will only be hiding even more deeply.

Some even believe that companies like Maple Tree Capital are genuine Wall Street capital.

As for whether O'Brien, Wang Jianchao, and others frequently travel to China and might attract attention, that's a concern.

Don't be ridiculous, they don't have time to bother with you at all.

why?
As everyone knows, with China's reform and opening up, there are opportunities to make money everywhere.

Motorola, Toyota, Apple, IBM, Adidas, and other companies have placed their factories in cities like Harbin, Guangzhou, and Shanghai simply because labor costs there are indeed cheap.

Capital is all about profit, and they only consider profit.

Therefore, no one pays attention to whether the heads of companies like Yuma Apparel, Pandora, and Huaxin Technology are constantly traveling within China.

Companies like Sequoia Capital and Goldman Sachs only care about profits.

Building factories in domestic cities like Guangzhou and Harbin is an inevitable trend.

The hollowing out of traditional manufacturing in the United States is irreversible, so isn't it normal for the head of Pandora to go to China?
That's why Want Want Group was able to hide its operations, but Gulfstream was different.

This company was formerly known as Grumman Corporation. Acquiring it would definitely attract investigation and attention.

Wang Duoyu would naturally not voluntarily hand over any leverage to the other party.

They're too busy hiding to even consider offering themselves up. (End of Chapter)