Hong Kong at the end of February also has a strong New Year flavor, but office workers cannot appreciate these things.
And for foreigners like Taibin, they will not pay attention to the Chinese New Year!
However, he has been in a bad mood recently because when he returned to the United States to attend the group's year-end summary meeting at the beginning of the year, he was criticized by the president. The reason was naturally due to the sharp decline in Motorola's business in China and Asia!
But he also felt very wronged!
Originally, Huaguo's business situation was very good, but because of the birth of PHS, it quickly impacted the communications market with its extremely low prices and ultra-low tariffs. As a result, their originally good mobile phone business was affected. Last year, Jinxiu Electronic Technology even more The first mobile phone Mango was launched!
Although it did not become a big hit because of the high price, it was still very good. At the same time, other domestic companies in China began to enter the communications market. As soon as the competition began, Motorola's business plummeted, which really shocked him.
And speaking more broadly, that is, the whole of Asia. Under the influence of those international speculators, the financial crisis is like a typhoon sweeping through all countries. Even after a year, it is still a mess.
The economies of various countries have experienced recessions to varying degrees. National markets such as hard mud, which were good dumping targets before, such as Taiguo, have been greatly reduced, reducing sales by at least 30%.
In such a big environment, if people don't have money to buy products, he can't do anything about it. He can't lower the price himself or give people a loan to buy it, right?
It’s difficult for him!
What an injustice!
But no matter how hard it is and how unjust it is, there is no way to back up the CEO. I can only bow my head and let others criticize me!
So of course the mood is not going well.
However, there was a piece of news today that made him forget these worries for the time being!
In the office, Taibin sat on the executive chair that originally belonged to Spencer, staring at Cowley with his feet together and looking at him respectfully with wide eyes: "Are you telling the truth? The Fairview Group is short of money? "
After saying that, he immediately denied himself.
"It's unlikely. This guy, Jinxiu Group, has made a lot of noise in the past two years. No one knows how much it makes, but it's definitely a lot!"
"It's the real Mr. President! The source of the news is very reliable, and I have preliminary verification. At least the news came from within the Jinxiu Group, and there is a certain basis!"
Faced with the boss’s doubts, Cowley explained seriously: “Although Jinxiu has made a lot of money in the past two years, it has also spent a lot of money!
Forget about spending money on various subsidiaries, Jinxiu has acquired a large number of companies in the past two years! resource!
Moreover, the companies he acquired involved many industries, not to mention manufacturing, software, and technology companies. He actually went to Japan to acquire a condiment company, to Deguo to acquire a lens and camera module company, and even to Hanguo to acquire a game manufacturer. Running a company can be said to span many industries, and the taste is not ordinary!
A big appetite, big steps, and big expenses will naturally lead to big expenses. I’m afraid not most of the money earned over the years has been invested.
Therefore, Jinxiu Group may not really have no money, but it may have no funds to support him in making a big deal! "
"What do you mean?" Taibin heard the smell. He leaned forward and stared at Cowley and said, "What big deal is Jinxiu Group going to do? How big is it?"
Cowley said with a mysterious face: "It may be a big deal worth 2 billion to 3 billion dollars!"
Hiss~
Taibin gasped and made an important contribution to global warming.
Then he said hurriedly: "Go on, speak clearly and quickly! Is it related to the business we are involved in?"
Jinxiu is Motorola's biggest enemy. Any move made by the other party is worthy of his vigilance, let alone a big move involving billions of dollars. He must figure it out in case the other party poses a new threat to Motorola. ?
Or maybe he could find an opportunity to take advantage of it?
Therefore, never let go of any important information!
"Mr. President, don't worry. Although this matter has something to do with us, I don't think it is a bad thing!"
Cowley first smiled and reassured Taibin, and then said: "Jinxiu has always had the habit of investing in overseas mineral resources. This time the other party is eyeing Soft Fruit, a copper and cobalt mine in Bara'a Province and a mine in East Gray Country. A large lithium mine.
These two mineral deposits are of great scale. The lithium deposits in East Gray Country reach 48MT, making it the third largest in the world.
Because it was originally owned by the Donghui State-owned Mining Company, but it had little strength and the scale of mining was backward. Now the lithium price is not high. The Donghui State felt that it was not worthwhile to engage in it on its own, so it wanted to sell the ownership to get some money to improve the country's backward situation.
The price must be more reasonable, but it is still a billion-dollar deal.
The copper and cobalt mine in Ruguo is different. It is a large-scale mineral deposit with the largest reserves in the world. The proven surface ore resources alone have reached 370 million, with a copper grade of about 1.7% and a cobalt grade of about 1.7%. At about 0.9%, the amount of copper metal is about 6.3 million tons, and the amount of cobalt metal is about 3.1 million tons.
In addition, there is huge mineralization capacity in the deep layers of the mineral deposit, which is a very good ore..."
Cowley had obviously done his homework and introduced the information about the two mineral deposits in great detail.
Taibin also knew a little about international mining. After hearing this, he felt that such good mineral resources would definitely not be cheap. If Li Xiucheng wanted to swallow these two large pieces of meat, he would definitely have to bleed heavily.
He couldn't help but nodded: "Indeed, such a big deal will definitely not be possible without a two billion dollar!"
"Yes, so now the Jinxiu Group has insufficient funds, and there are rumors that they are going to sell the pager business of Jinxiu Communications!"
Cauley's light words sounded, but Taibin was shaken up!
"They want to sell the pager business? Really?"
Cowley shook his head: "I'm not sure about this yet, because there's no way to confirm it, and Splendid Group has not announced it to the public at all!"
"That's it!" Taibin frowned, stood up and paced back and forth in the office.
At the same time, I was thinking quickly about whether the news was true. If it was true... that would be great!
Why do you say this? Because of the existence of Jinxiu Communications, Jinxiu is the largest pager industry in China. Even judging from the statistical news coming out of China, the number of pager users in China may exceed 100 million this year and next!
Such a huge user base represents huge benefits and outstanding performance!
This is also the reason why he was scolded. There is such a huge market but he can't get it, and he can't even drink soup. The superiors think he is useless, but he really knows his own suffering.
The defensive circle set up by Jinxiu was too unbreakable. He had made several attempts in the past two years but failed to bring the company's pager business to China.
