Taobao Holdings owns seven major enterprise groups, including Kunpeng Software Group, Shuguang Communications Group, Shunyuan Real Estate Group, Taobao Electrical Appliances Group, Guozhi Semiconductor Group, Xinghuo Building Materials Group and Shuguang Automation Group, with a registered capital of 10 billion yuan. In addition to Kunpeng Software Group He Shuguang Communications Group is a listed company and needs to publicly release financial statements on a regular basis. Taobao Holdings and its other five major enterprise groups do not need to publicly release financial statements. Each group company conducts independent accounting and is responsible for its own profits and losses. Branches are located at home or abroad (local ) pay taxes by chapter to avoid double taxation. Even the State Administration of Taxation only knows the domestic revenue and expenditure of Taobao Holdings.
On December 7 last year, the State Administration for Industry and Commerce approved Shuguang Automation Corporation’s application to establish a group company with a registered capital of 2 billion yuan.
The 1998 financial statements of Kunpeng Software Group were announced. Domestic and foreign sales revenue was US$31.565 billion, net profit was US$17.538 billion, earnings per share were US$8.8, and net assets per share were US$13.65. The dividend plan was to give US$5 for every 10 shares.
Sugon Communications Group's 1998 annual financial statements disclosed that domestic and foreign sales revenue was HK$163,849,000,000, net profit was HK$65,539,600,000, earnings per share were HK$12.46, net assets per share were HK$34.97, and the dividend plan was for every 10 shares Free 10 Hong Kong dollars.
Mayor Liu knows that in 1994, the sales revenue and income of Kunpeng Software Group and Shuguang Communications Group exceeded that of Baosteel, Jianggang and other central enterprises; in 1998, the sum of the net profits of the two companies exceeded the net profits of the domestic steel industry. and! Industry insiders lamented that the steel industry has become a sunset industry.
Taobao Holdings also directly or indirectly controls Jingcheng Semiconductor Company (listed company), Sugon Toshiba Wafer Company, Pengcheng Securities Company (listed company), Sugon Toshiba Elevator Company, Taobao Toshiba Color Tube Company, Sugon Short Glass Company, and Sugon Seiko LCD Company, Sugon Philips Medical Equipment Company, Xingchen Commercial Satellite Company, Chaoyang New Energy Technology Company.
It is also the largest shareholder of Minshen Bank, Pengcheng Development Bank (listed company) and Pengcheng Vanke Company (listed company).
He has invested heavily in China Internet Network Co., Ltd., China Satellite Communications Co., Ltd., Jiangcheng Seiko Watch Co., Ltd., Zeiss Sugon Optical Instrument Co., Ltd. and Beijing Hyundai Motor Co., Ltd.; he has invested in many listed companies.
In 1998, Taobao Holdings' branch in Beijing contributed 5.84% to Beijing's GDP and 7.23% of fiscal revenue; Mayor Liu estimated that its contribution to the GDP and fiscal revenue of Shanghai, Hainan and Jiangcheng was higher than that of Beijing. Be big.
"Mayor Liu, after Taobao Holdings Company acquires BAIC Plant No. 2, I plan to invest 1 billion yuan to establish Jingcheng Electric Vehicle Co., Ltd. to mainly produce Jingcheng brand electric vehicles and hand it over to the 1,103 cadres and employees of BAIC Plant II to start a new business. Use the profits generated from the investment in Kyungseong Hyundai Motor Co., Ltd. to maintain the normal operation of Kyungseong Electric Vehicle Co., Ltd., and use the Kyungseong brand electric vehicles to be introduced to domestic and foreign markets in about 10 years, becoming one of the leading companies in the domestic and foreign electric vehicle industry."
Beijing Hyundai Motor Co., Ltd. uses Beijing Light Vehicle's original workshops, equipment, power supply, water supply, and living facilities to install 6 automated production lines and train employees in the first phase of the project. The project is progressing rapidly and plans to start trial production of Hyundai brand cars in early April. It will create the fastest record for a domestic joint venture automobile company from establishment to production.
For ordinary businessmen, the most valuable thing about acquiring the BAIC No. 2 Plant in Dongxiaokou Town, Changping, outside the North Fifth Ring Road, is the 60 acres of industrial land. The most difficult thing is how to properly arrange the 1,103 cadres and workers? But for Sun Jian, who plans to enter the electric vehicle industry, the most valuable thing is the 1,103 cadres and employees of BAIC Plant No. 2.
In this era, most cadres and employees of state-owned enterprises are rare talents.
If it were not for the fact that when the joint venture was established, BAIC No. 2 Plant injected most of its high-quality assets and more than 5,000 cadres and employees into Beijing Light Vehicle, BAIC No. 2 Plant with a history of nearly 40 years would be a talent pool for the automotive industry. There are many talents in automobile manufacturing, sales and maintenance, but they lack the core technology and development direction of the automobile industry, and their management systems and mechanisms are backward.
In 1992, starting from the layout of new energy power batteries, to the layout of new energy motors, new energy charging technology and vehicle electronic systems, it has been 8 years of preparation without realizing it. With so many talents, Sun Jian dared to invest 1 billion yuan to establish Jingcheng. Electric car companies don’t do business on a whim or on paper.
Liang Yeping, an outsider, could tell at the end of last year that Sun Jian planned to deploy the new energy automobile industry.
In February 1999, after more than two years of research and development, Beijing Chaoyang Charging Technology Research Institute successfully developed the first generation charging technology. It passed the appraisal of an expert group and applied for the company's invention patent.
In April of the same year, after more than three years of research and development, Chaoyang Electric Motor Research Institute successfully developed the first-generation electric motor. It passed the appraisal of an expert group and applied for the company's invention patent.
In June of the same year, the Vehicle Electronic Technology Research Institute jointly established by Guozhi Semiconductor Research Institute, Sugon Communication Technology Research Institute and Kunpeng Software Research Institute, UKanshu successfully developed the first generation of vehicle electronics system after nearly 2 and a half years of joint research and development ( Including automotive infotainment systems, vehicle navigation systems, vehicle communication systems, etc.), it passed the expert group appraisal and applied for the company's invention patent.
Today, Chaoyang brand high-energy nickel cadmium batteries, nickel hydrogen batteries, UPS batteries, maintenance-free batteries and third-generation rechargeable lithium manganate batteries and lithium iron phosphate power batteries have been launched.
All is ready except for the opportunity!
Today, the relevant domestic departments have not yet formulated a "New Energy Vehicle Development Plan" and a "New Energy Vehicle Industry Policy". There is no policy support and financial subsidies, and there is no domestic market. Sun Jian does not dare to rashly enter the expensive electric vehicle industry. automotive industry.
By chance, Liang Yeping and Chen Jianming introduced the BAIC Plant II, which was on the verge of bankruptcy, to him and encouraged him to acquire it. Today it became a fact and they just had to wait for the money to be completed.
By reading the information given to him by Liang Yeping, Sun Jian also knew a lot about the intangible assets of BAIC Plant No. 2.
BAIC Plant No. 2 can produce BJ130 light trucks, BJ130S double-cab passenger and cargo vehicles, BJ522B small buses, BJ130C diesel vehicles, BJ5040ZLJ compression garbage trucks and other special vehicles.
BAIC No. 2 Plant cooperated with Jingcheng Internal Combustion Engine Factory, Jingcheng Gear Factory and related supporting manufacturers to install the 492QA1 engine, 84-type vacuum-assisted dual-pipeline brake pump, dual-stage air filter and radial tires on the BJ130 light truck. wait.
The BJ130 light truck is known as China's first generation of sacred vehicles. It also won the National Science Conference Award in 1978.
BAIC Plant No. 2 has a chassis production workshop and a five-speed gearbox production workshop, and has patented technology invented by the company. This is also one of the places that Sun Jian is interested in.