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

On December 25, 1989, two cars marked "Engineering Repair" appeared on Central Avenue.

Several workers dressed in yellow fluorescent vests set up a ladder and erected a utility pole directly on Central Avenue, reinstalling the power lines and other equipment.

Everyone thought it was just replacing utility poles and didn't think there was anything unusual about it.

But then everyone noticed that there seemed to be several more cameras.

On the other side of Central Avenue, a mobile house resembling a security booth appeared.

Soon, the words "Public Security" were posted, and colorful lights also appeared.

Immediately afterwards, several police officers appeared.

"Wow, there are street thugs everywhere these days."

Inside a private car, a fat man looked at the three patrol police motorcycles with flashing lights ahead and exclaimed in surprise.

Beside her stood the woman adorned with gold and silver jewelry and wearing a mink coat, who chimed in:
"Yeah, we saw five or six groups of people like that on the way here, all riding motorcycles. Tsk, what's going on?"

After mid-December, the entire city of Harbin underwent a dramatic transformation.

Even though it's December, the temperature in Harbin has plummeted to minus 20 or 30 degrees Celsius, making it the coldest time of the year.

Most people will stay at home and not go out.

As it turned out, at this time, all the police officers from the Bingcheng Police Station actually came out for a stroll.

Many citizens are unaware of what is happening.

On the first day, I was surprised, thinking that some major case involving human life had occurred.

For more than half a month, it was still the same, which surprised everyone.

Moreover, people have noticed that police officers can be seen everywhere, not only in parks, Central Avenue, food streets, train stations, airports, and highways.

In these places, you can see cameras mounted five or six meters high at any time.

Meanwhile, on some less crowded roads, drones could be seen flying overhead.

It seems that the entire city has changed overnight.

Surprisingly, police officers at many local police stations suddenly discovered that the number of criminal cases had dropped sharply.

Even at the train station, which is usually rife with petty theft, there were surprisingly few cases at this time.

The results are remarkable.

After listening to the report, Kang Yumin remarked from the municipal government office building:
"It cost no less than a billion yuan in total. With so much money poured in, it would be strange if there wasn't even a ripple."

Purchasing equipment such as CCTV cameras, motorcycles, and mobile guard booths requires money, doesn't it?

Even if you pay at cost price, there are still costs involved.

Zhao Guobin and Lin Runzhe nodded in agreement, with the latter remarking:

"It's only because Professor Wang has enough courage and financial resources that he could do this. Even if an ordinary person had money, they wouldn't do it."

"But Professor Wang's actions have actually benefited us."

why?
With the improved public security in Harbin, Zhao Guobin and Lin Runzhe had another point to boast about when attracting investment.

Whether it's foreign-invested enterprises or Hong Kong and Taiwan capital, when they want to invest in the mainland, they certainly don't just consider tax incentives, but also the advantages of capital security and cost.

Foreign companies that want to operate in high-tech industries such as computer technology generally come to Harbin.

After all, Harbin has a greater advantage.

Most of Hong Kong's capital flows to Guangzhou and surrounding areas, while Taiwanese companies that want to invest in the mainland tend to go to places like Fujian and Shanghai.

However, some investors are also considering investing in Harbin.

At this time, the dramatic changes in Harbin naturally attracted the attention of foreign companies such as Motorola, Nintendo, and Apple.

However, it was Yuan Youlan and his group who were even more curious about this.

Inside the Harbin municipal government office building, Zhao Guobin received a call from Pan Hongxu in Tianjin.

The latter wanted to learn from Harbin's experience.

Not long after the call ended, Lin Runzhe received another call from Qiu Xianzhang in Xiamen.

In the following days, Pan Hongxu, Yuan Youlan, Qiu Xianzhang and others came one after another to learn from Harbin.

With such a grand display, what are the results in terms of maintaining public order?
Where does the money come from?
How attractive is it to foreign investors?
Kang Yumin and his group didn't betray Wang Duoyu, but Yuan Youlan and his group were resourceful and quickly found out the details.

So a group of people came to the Weizigou campus of Harbin Institute of Technology, but Wang Duoyu was too busy to see them.

Yuan Youlan and the others thought Wang Duoyu was angry, so they didn't dare to stay any longer and left.

It wasn't until the next day that they received a call from Wang Duoyu, who said that he would be going to Beijing next month and they could meet there to talk.

Guan Chonggui was overjoyed because he was in the capital, so he could simply stay there and wait for Wang Duoyu's arrival.

Just after New Year's Day, on the 2nd, Zheng Baoyin, Wang Jianchao, Li Efra, Fuller Carson, O'Brien, Wang Lichuan, Dylan Dario, Allen Costa, Wei Ruola, Qu Haiping and other members of the Want Want Group's management team all returned.

They all returned to Harbin under various pretexts.

For example, executives from financial companies like Lee Efrat all came here under the guise of vacation.

Of course, the outside world is not very clear about this.

Anyway, after they entered the country, they flew to Harbin from other places.

Some people flew to Shanghai from abroad, while others flew to Guangzhou, Beijing, Xiamen, Tianjin, or even directly to Harbin.

None of us came directly from the United States; we came from many different places.

After arriving in Harbin and resting briefly, the group arrived on the morning of the 3rd.

Everyone gathered in the top-floor conference room of the Want Want Group headquarters office building to attend today's year-end summary meeting.

"Let's keep this year's summary meeting brief!"

Wang Duoyu looked at everyone and said:
"Over the past year, Want Want Group has acquired many companies, which has led to some confusion in the management structure."

"Starting this year, the management team of Want Want Group will be restructured. I will announce this to you later after the meeting is almost over. Now let's begin today's meeting."

When reporting on their work, everyone only talks about three things: revenue, profit, and plans for next year.

"The key point is next year's plan. After the report, if I have any disagreements, I will definitely say so directly. If not, then it means it's approved."

"So we need to be quick this year and not waste everyone's time. Let's start with Qu Haiping."

Qu Haiping, who was called out, quickly straightened his posture and began to report on his work.

Qu Haiping is in charge of Xibeier women's clothing, which has a revenue of $425 million this year, $120 million more than last year.

Domestic revenue also surged to 80 million RMB, which is largely due to rising domestic prices.

The plan for next year is naturally to continue to expand the number of stores overseas and strengthen marketing while maintaining the existing foundation.

The main source of advertising is television, followed by the internet.

After the applause ended, Wang Duoyu didn't speak, but listened attentively while flipping through the relevant reports.

Qu Haiping breathed a sigh of relief, and soon it was Liang Shengzhi's turn.

Liang Shengzhi is in charge of Muscle Shark, and this year's revenue has actually increased significantly, exceeding 100 million, with a total revenue of 108 million US dollars.

This is truly remarkable for a sports brand operating in such a niche market.

After he finished reporting on next year's plans, Wang Duoyu suddenly spoke up:

"Starting this year, you can revise your promotional plan and contact the organizers of events such as marathons and aerobics competitions to see if you can collaborate."

This is a rather different promotional approach, but how exactly the cooperation will work and whether it will generate a significant market impact remains to be seen.

Then it was Xue Lisheng's turn. He spoke at a measured pace:

"In 1989, our Brabus watch factory's domestic market revenue reached 805 million RMB, and our overseas market revenue reached 92 million USD. Our profit was..."

"Regarding next year's plans, we will continue to focus on the domestic market while also expanding into overseas markets."

After the applause began, Wang Duoyu did not say anything.

After all, the limits of Brabus watchmaking are what they are, and this cannot be achieved through marketing alone.

In the original timeline, there was a brand that became a luxury watch brand through marketing, but in fact, in Wang Duoyu's opinion, Richard Mille watches were just so-so.

From a small workshop to a world-class luxury watch brand, so what?
It is indeed expensive, but the cost is also really high.

From the perspective of capital, this is clearly contrary to market rules.

Furthermore, Richard Mille watch production is limited, and there is no way to significantly increase output.

Of course, if production increases, then it won't be worth such an expensive price.

Brabus aims to become a top luxury brand like Vacheron Constantin and Patek Philippe, not Richard Mille.

Therefore, it still has a long way to go.

We will proceed gradually and grow bigger and stronger.

The Red Star Group, which is under the leadership of Wen Shixuan, has a significant increase in patented technologies compared to last year, reaching as many as 56, which has indeed given Wang Duoyu quite a lot of surprises.

Significant technological breakthroughs have been achieved in areas such as metallic materials, superconducting materials, and amorphous metallic materials.

As for the revenue and profit of Red Star Group, Wang Duoyu made no demands whatsoever.

Instead, after Wen Shixuan finished his report, he spoke up:

"Starting this year, I will inject one billion RMB into your Red Star Group annually, all of which will be used for scientific research to enhance the research capabilities of our Red Star Group."

hiss!
Everyone gasped in shock.

Hongxing Group finally managed to make a profit of 120 million RMB through its chemical plant, but now Wang Duoyu has turned around and thrown out an investment of 1 billion RMB.

And it will continue to generate one billion RMB every year thereafter.

Wen Shixuan should be happy to have been hit by such a huge windfall, but he is not happy at all.

The reason is very simple: Wang Duoyu's requirements for the Red Star Group are definitely higher.

Wen Shih-hsuan was still dreaming of surpassing brands like Muscle Shark in revenue, but now he's really out of options.

Next to give a report was Qiao Hanliang, the head of the Motong Toys factory. The company's revenue and profits this year have brought everyone a huge surprise.

Excluding China, the company's global revenue reached US$1.23 billion.

The main contribution came from toys such as Transformers, especially in the Japanese market, which accounted for nearly half of the revenue.

The total revenue in the domestic market was 420 million RMB, an increase that was unexpected but reasonable.

clap clap clap!
Thunderous applause erupted in the meeting room; everyone was quite surprised.

Next, we met with Reinhard Monroe, the head of Quantum Technology, who mainly reported on the company's profit situation.

Quantum Technology is not a technology company, but a financial enterprise.

Therefore, talking about revenue is incorrect; profit is the key.

"Our quantum technology company's profit in 1989 was $320 million."

"The annual revenue of its subsidiary, Daimler-Benz, was $8.65 billion, with a profit of $1.25 billion. The decline in profit margin was attributed to its investment in the joint venture plant in Harbin."

So, to summarize, the profit from quantum technology was $1.57 billion, which is quite good.

In November 1987, Wang Duoyu spent US$5.85 billion to successfully acquire Daimler-Benz.

Now, in just 1989, it has brought back a profit of $1.25 billion.

Based on such profits, Wang Duoyu will soon recoup the $5.89 billion he initially spent within a few years.

Of course, the reason why the acquisition of this company was successful was because Duchi Bank was in financial crisis; otherwise, they might not have been willing to sell.

I bet the bank has finally realized what's going on with Daimler-Benz's profits and is probably kicking itself for it.

Especially in Europe, the borders have been opened up, and the other side is probably regretting it.

But it's no use regretting it now, since the deal has already been made.
clap clap clap!
As Reinhard Monroe finished his report, the applause in the conference room grew even louder.

The money I invested a few years ago is now starting to pay off, which is great.

Everyone showered Wang Duoyu with compliments, their insightful and unique perspectives were truly remarkable.

Following a big boss like Wang Duoyu, you'll never have to worry about making money.

When funds reach a certain level, they are indeed just a set of data. At this point, the increase in wealth is more about the ability to control and allocate resources, and that is the power of wealth.

Without reaching that level, you simply can't afford to play this game, and you wouldn't dare say that wealth is just a set of numbers.

Then they arrived at Yabo Fein, the head of Shuncai Fund.

Shuncai Fund operates primarily in the British market, specializing in trading gold, oil futures, and related commodities.

Therefore, the profitability of this company is relatively average.

But its strength lies in its stability.

And next year will be a time when Shuncai Fund makes a fortune.

Therefore, one cannot simply look at its profits in a single year. After all, such a fund either doesn't make any money for three years, or it makes enough to sustain itself for three years.

The profit in 1989 was $89 million, nothing special, very little.

As Wang Duoyu expected.

Its subsidiary, BMW, had revenue of only $3.92 billion and a profit of $650 million.

It sounds incredible, but that's what BMW is like today.

BMW only began to rise to prominence after it expanded into the mainland market.

Besides, Daimler-Benz is not just about Mercedes-Benz cars; it also has trucks and several other profit centers.

Therefore, BMW represents the normal revenue and profit level of a car company, while Daimler-Benz represents an abnormal one.

"Excellent, very well done!"

Wang Duoyu clapped his hands and praised him.

Although he did not adjust BMW's plans for next year, his words of encouragement are still very encouraging.

Next up is Zhou Qirui, head of Fidelity Capital, a company that deals in global grain futures and other transactions. It's also a fund, but it's much more profitable.

Therefore, Fidelity Capital's profits reached $600 million in 1989.

Audi, a subsidiary of Audi, has a global annual revenue of $3.5 billion and a profit of $490 million.

Nothing special, really!
Wang Duoyu acquired three German car companies: Mercedes-Benz, BMW, and Audi.

Currently, these three companies have brought him considerable profits.

However, it still lags slightly behind companies under his umbrella, such as Walsin Technology.

The work report is only halfway done, but the profits and revenue are already astonishing.

Meanwhile, Wang Duoyu was even more looking forward to the work reports from the other senior executives.

Wei Ruolai said with a smile:

"Finally, it's my turn. In previous years, I was quite high up in line, but this year I'm at the back."

"Isn't it a good thing to put you at the back of the line?" Wang Jianchao said with a smile.

"Alright, stop interrupting, Lao Wei, you can continue."

Wang Duoyu said something, and Wang Jianchao immediately shut up.

"Our Leap Forward brand achieved revenue of $1.93 billion this year, and profits exceeded $780 million for the first time," Wei Ruo said confidently.
"Our next plan will be to focus more on the athletic footwear market, especially basketball and soccer shoes, and we will be launching more celebrity-endorsed models."

hiss!
Everyone gasped in shock.

Revenue of $1.93 billion and profit of $780 million—these figures are simply outrageous.

clap clap clap!
Everyone applauded and turned their attention to Wang Duoyu.

If Wang Duoyu has any objections, he should speak up at this time.

However, he didn't seem to want to speak until the applause stopped, so it was soon Tong Zhigang's turn.

Given its current growth momentum, Facebook, as an internet company, should actually be ranked quite high.

But for some reason, Wang Duoyu placed him in the middle to the back.

This also shows how much Wang Duoyu values ​​Facebook.

"Last month, our Facebook page saw over four million daily visits, and the current growth trend is quite impressive."

"Last year, the emergence of the Maizi Computer brand caused a further drop in computer prices, which also impacted the internet market."

Facebook's revenue for the past year was only $180 million. Our plans for next year are...

Of the $180 million, a significant portion came from friendly support. After all, the Want Want Group owns brands like Yuma Apparel, Pandora, and Yuebu Sports, making collaboration entirely possible.

After Tong Zhigang finished his report, Wang Duoyu remained silent, because at this stage, the development of the internet could proceed step by step.

Computer prices can drop further, and then they can become more widespread.

At the same time, we still need to wait until we acquire Comcast before we can build up the internet broadband network in several major states in the United States, especially in economically developed states such as California and New York.

Because Zheng Baoyin and his team were simultaneously acquiring related internet broadband companies while acquiring Comcast.

This is the industry of the future, and we must take control of it.

In addition, this part of the business can be expanded rapidly, which can be considered as eroding part of AT&T's business.

Therefore, given that Wang Duoyu has already made so many preparations, there is naturally no need for him to change Facebook's development plan for next year at this time.

Soon it was Wang Lichuan, the head of Amazon, who came to give a report.

Lee Efra, O'Brien, Wei Ruolai, Qu Haiping, Liang Shengzhi and others all focused their gazes on Wang Lichuan.

If everyone weren't certain that Wang Lichuan had no blood relation to Wang Jianchao, Wang Duoyu, and their family, they would only share the same surname.

Otherwise, they would all think that Wang Lichuan was a relative of the Wang family.

Wang Lichuan was a little nervous as it was his first time speaking.

However, after he spoke for a while, he gradually became less nervous.

"Amazon is a relatively new company, so our cybersecurity suite was only installed on five million devices last year."

This installation volume is indeed very low, meaning there are very few customers.

After all, Facebook now has more than four million daily visits.

The number of internet users in the United States is absolutely beyond imagination, certainly exceeding 30 million, or even more.

Therefore, it would be truly pitiful if Amazon only had five million computers installed.

"We will be launching on the Amazon shopping platform this March."

clap clap clap!
Everyone gave Wang Lichuan a lot of face, and the applause was thunderous.

Wang Duoyu spoke up at this moment:

"Hmm, very good. It's your first time attending a conference, so there's no need to be so nervous."

"Amazon is a very important internet platform for our Want Want Group. I believe that your company will become an internet giant in the future, an online platform that allows people all over the world to buy goods."

"Our Want Want Group is also a shareholder of Walmart, so Amazon's plans can be coordinated with Walmart."

"Okay, let's discuss this further later and see if we should acquire Walmart or Target."

Upon hearing this, Zheng Baoyin, Li Efra, and the others' eyes lit up.

Acquiring a company seems to require spending money.

But now Want Want Group has become accustomed to using leveraged buyouts.

For example, Want Want Group used leveraged buyouts to acquire several companies, including BMW, Audi, Paramount, MGM, and Marvel.

The leverage of capital was used to its fullest extent.

It's such a great deal that you can achieve your desired goal with a very small amount of money.

Zheng Baoyin spoke up at this moment:

"Uncle, isn't it my turn now?"

"Our Yuma Apparel's total domestic revenue over the past year was 880 million RMB, an increase of 200 million RMB compared to last year."

"Total revenue from overseas global markets also reached US$1.13 billion, breaking the historical record."

"Plans for next year"

Yuma Clothing is a mid-to-low-end clothing brand, which is very affordable for most people.

Therefore, there are many stores and the sales volume is very large.

After Zheng Baoyin finished speaking, Wang Duoyu suddenly spoke up:
"Don't clap yet, listen to me first."

The crowd was puzzled, but they still listened attentively.

"Yuma Apparel's other advertising and promotional plans for next year remain unchanged!"

Wang Duoyu pondered for a moment and said:

"After acquiring Comcast and establishing a partnership with the company, we will launch live television sales."

"Besides Pandora and Leap Sports, brands like Alienware computers and Muscle Shark from Walsin Technology can also join the platform."

"Simply put, it's about using live TV sales as a platform to sell goods. Anyone can see the marketing on TV, then make a phone call, or even place an order on Amazon's online shopping platform."

"We'll use Amazon's courier service for shipping, and payment will be made by phone!"

Use a credit card!
Many airlines in the United States now require passengers to purchase tickets directly by phone.

The payment method is to choose a credit card.

Foreign countries are indeed more advanced in this regard, and many foreigners trust this payment method very much.

They are willing to provide their credit card number and other relevant information over the phone to make payments.

As for the Amazon platform, this method can also be used.

TV live-streaming sales is not a new concept in the United States.

Seven years ago, the American HSN television channel had already pioneered this new sales model of television shopping.

The approach Wang Duoyu is now mentioning may seem like a copy of someone else's ideas, but in reality, it represents the integration of multiple channels and platforms.

Let's spread the word!

This is quite different from the marketing strategies of other television companies, such as HSN in the United States.

For example, Comcast's television channels could be bombarded with live commercials for extended periods, such as after midnight.

Surely someone will eventually give in?
In the dead of night, especially after drinking a few drops of horse urine, one is more likely to make impulsive purchases.

clap clap clap!
After Wang Duoyu finished speaking, everyone applauded.

Following Wang Duoyu's suggestion, companies like Comcast, Amazon, and Uma Apparel could combine their strengths to grow bigger and stronger.

The specifics of how to cooperate will be discussed when the management teams of the companies sit down together.

Wang Jianchao lowered his hand and said:
"Uncle Jiu, it's my turn."

"Pandora's total revenue over the past year was $1.89 billion, but revenue in the domestic market was only 86 million RMB."

Pandora is a luxury goods company, and of its 86 million RMB in revenue, Shanghai, Beijing, Harbin, and Guangzhou account for more than half.

This is the kind of foreign worship that exists these days.

Yeah, it's a bit serious.

Pandora's products are clearly made in China, specifically in Harbin.

As a result, it was labeled with an English tag.

In addition, Pandora's influence overseas has indeed grown year by year, and many foreigners like to compare it with other brands.

Therefore, many people in China like Pandora even more.

After Wang Jianchao finished speaking, everyone applauded, and Wang Duoyu gestured for the next person to speak.

Yu Kexue immediately began his report. He was the head of Walsin Technology Company, which is currently the highest-grossing manufacturing company in the Want Want Group.

Over the past eight or nine years, Alienware has launched several products, including versions that emphasize cost-effectiveness and ultra-cheap entry-level computers.

Therefore, compared to the total revenue of US$13.25 billion in 1988.

In 1989 alone, the company's total global revenue from overseas markets reached US$14.5 billion.

The shipment volume is even more terrifying.

Europe, Asia, and South America contributed $2.8 billion, $3.6 billion, and $1.6 billion in revenue, respectively.

Among Asian countries, Japan performed the best, while the South Asian subcontinent and the Middle East also showed remarkable results.

Middle Eastern big spenders aren't just eyeing expensive items; after all, Alienware computers offer excellent value for money, making them a very suitable choice for organizations like schools that need to widely adopt them.

In addition, total revenue in the domestic market reached 2.9 billion RMB.

Judging from this revenue, it's no wonder that executives like Yang Deyong, who are affiliated with Harbin Institute of Technology's Zhuoyue Technology, are so eager to enter the budget computer market.

The profits are absolutely astonishing!
clap clap clap!
Everyone was overjoyed, their faces beaming with happiness.

As it stands, Walsin Technology is indeed a revenue giant.

Although its profits cannot compare to those of financial companies, in terms of importance and influence, financial companies cannot even come close.

Given the sheer volume of revenue generated, it's easy to imagine how many jobs Walsin Technology has created.

Even in the United States, the number of employees has exceeded two thousand, and it is still increasing every year.

Even so, it's only because the production and after-sales services are all located in China; otherwise, it would definitely be even more different.

The applause lasted for more than a minute before it finally ended.

Upon arrival, the heads of the manufacturing companies under the Want Want Group had already finished their reports.

Based on last year's situation, it should be the turn of the heads of financial companies under Maple Leaf Holdings to report on their work.

But this year is different; Paramount and MGM have already been acquired.

Then there's Comcast, and the potential acquisition of retail giants Walmart or Target.

Therefore, Wang Duoyu took this opportunity to chat with everyone first.

Paramount and MGM, two Hollywood giants, are currently headed by Levin Burns and Rowland Winster, respectively.

The two of them didn't show up here today because of their professions, and Wang Duoyu wouldn't take the risk.

Therefore, it was the head of the financial company behind it who reported on his behalf.

MGM was acquired by Want Want Group for $2.5 billion, plus $1.2 billion of MGM's own debt, for a total of $3.7 billion.

The debt has not been paid off; on the contrary, it has increased by $500 million.

This is simply because MGM has already launched several film projects, including "Transformers," "Spider-Man," "Jurassic Park," and "Dances with Wolves."

Spider-Man was a collaboration with Marvel, while Jurassic Park was originally an MGM project.

However, after Paramount was acquired, the Jurassic Park project also received some funding from Paramount.

These three projects are all very large, and all of them have signed cooperation agreements with the Magic Child Toy Factory.

Therefore, if none of the three Transformers movies make a splash, the $500 million in new debt will be wasted.

Of course, "Home Alone," which was just released last Christmas, has already made MGM a lot of money.

Because the film has already grossed $250 million in North America, its final North American box office will definitely exceed $280 million, and it's even possible that it will gross $300 million.

Paramount also launched several projects, including films such as "The Silence of the Lambs," "Ghost," and "Pretty Woman."

Meanwhile, Paramount is also working intensively on the Lord of the Rings movie.

Paramount has acquired the film and television rights to this novel and will be collaborating with MGM to develop the movie.

However, due to the huge budget of "The Lord of the Rings" movie, the preparation time for the movie may be quite long.

In addition, Marvel Studios also produces several TV series, all of which are related to heroes such as Spider-Man.

Currently, Paramount is very strong, while Marvel is the weakest.

However, Marvel Studios holds a large number of hero copyrights, so its future looks promising.

After discussing the three film and television companies, Wang Duoyu then brought up the topic of whether or not to acquire Walmart.

Zheng Baoyin and the others all offered their suggestions.

At the end of 1987, after the stock market crash, financial companies affiliated with the Want Want Group were buying up US assets at rock-bottom prices.

Walmart and Target, two retail giants, saw their shares acquired at bargain prices, with 11% and 13% of their respective shares being snapped up.

It seems like a lot, but it's actually not that much.

Because neither of these two companies are currently global retail giants, and they also have several competitors in the US market.

Given the current shareholding, the chances of acquiring one of these companies are slim.

After thinking it over, Wang Duoyu simply stated that he would continue to acquire more shares in the secondary market and hold shares in both companies.

A full acquisition would be out of the question; that would be too difficult.

Moreover, it would be more troublesome to operate, so it would be better to let the Sam family make money for the Want Want Group.

If it's just a financial investment, then if possible, go to the shareholders' meeting and demand dividends.

After finalizing the matter, Wang Duoyu breathed a sigh of relief.

Holding such meetings puts a tremendous strain on the brain.

After all, there is a lot of complex data and many factors to consider, unlike mathematical research, which does not require consideration of human nature.

Next, just listen to the other people's reports, because work reports from financial companies are usually the simplest.

Maple Leaf Holdings Group has too many financial companies under its umbrella.

Summit Global, Maple Tree Capital, Horizon Capital, Atlantic Investment Company, Sun Investment Company, Quantum Technology, Shuncai Fund, Fidelity Capital, Saxo Capital, Raptor Fund, Interstellar Financial Group, Infinite Group, etc.

There are also local banks, such as Gardner Bank, Boston Commercial Bank, New Brown Bank, and Alaska National Bank in the United States.

In addition, there are banks from Hong Kong such as Hua Sheng Bank and Mao Chang Bank, Singapore's Nanyang Commercial Bank, Singapore Lucky Bank, and New City Bank, as well as banks from Tokyo, Paris, London, and other places, such as the Lord of the Rings Bank in London.

Some of the responsible persons can be present in today's meeting room, while others cannot.

It wasn't that they didn't want to come, but that Wang Duoyu wouldn't let them participate.

Too many people can easily lead to accidents.

In 1988, the profits of 52 financial companies, including Summit Global, exceeded 10 billion US dollars.

In 1989, five new financial companies were added, along with the powerful tool of quantitative trading systems. As a result, the total profits of the 56 financial companies, excluding the Raptor Fund, reached US$16.9 billion.

The company, Velociraptor Fund, had a profit of $8.7 billion.

clap clap clap!
When Allen Costa finished his report, the applause in the entire conference room reached its peak.

Because a profit of $8.7 billion is simply insane.

How terrifying!

Wang Duoyu also smiled and gave a thumbs up:
"You did a great job. You'll definitely get a big bonus this year."

Dylan Dario and the others were overjoyed, but also remembered to say a few words of humility.

Although they are foreigners, after spending a lot of time with Wang Jianchao and Zheng Baoyin, they have become more shrewd and learned to be humble.

Of course, they are also self-aware, because although their ability to earn so much profit is inseparable from their own execution and hard work, Wang Duoyu is still the one with the best vision and skills.

The quantitative trading system was developed by Wang Duoyu. In the entire market, Renaissance Technologies, a pioneer in quantitative trading systems, could not compete with Rapid Dragon Fund.

The two are not even on the same level.

Therefore, Allen Costa and the others are very clear about who the real boss is.

Judging from the current situation, this year's summary meeting seems to be coming to an end soon.

After all, it seems like everything that needed to be said has already been said.

Actually, that's not the case. We haven't even talked about the assets and profits withdrawn from Japan yet.

Wang Duoyu had already begun planning for the Japanese market since he founded Want Want Group and started taking Yuma Apparel overseas.

At that time, it was still the Japanese market before 1985, and housing prices and commodity prices were very cheap.

In just a few years, the Japanese market has changed dramatically.

"Brother, I'll give the report now."

Lu Qingsong spoke up.

The two sisters, Wang Meili and Wang Meihe, who were standing nearby, didn't say a word because they were both pregnant again.

They already had a son, but it seems they got pregnant again by accident.

Li Yuanchao was a soldier and officer, so he usually only brought his ear to such meetings.

"Okay, no problem. Xiao Lu, please tell everyone about the situation. Also, I'll talk to you about our strategy for the Japanese market later," Wang Duoyu said with a smile. (End of Chapter)