Although Daqian's overseas companies had basically declined, the Daqian Group Army had given an unimaginable answer.
According to the statistical report submitted by Leng Xunxin to Boss Jia, there were now more than 160 companies under the Daqian Group Army, and the sales performance of these companies in 1997 was 74.8 billion USD.
That's right, now the Daqian Group Army had turned the tables and surpassed its master, the Daqian Group. It had a more terrifying performance and income than the Daqian Group.
But thinking about it carefully, this was a very normal thing.
First of all, the number of 160 companies was very terrifying. More importantly, now the Daqian Group had almost completely lost its own production capacity and handed over all production tasks to the Daqian Group Army.
Whether it was the MP3 player, the Daqian mobile phone, or the VCD player, all the production was done by the companies under the Daqian Group Army, and the Daqian Group was only responsible for purchasing from these companies.
The Daqian Group's performance was 550 USD, and its cost was 30 billion USD. Except for the company's management cost of about 2 billion USD, almost 90% of the remaining 28 billion USD production cost was handed over to the companies under the Daqian Group Army. Half of their 74.8 billion USD performance was given by the Daqian Group.
But even so, there was still 46.8 billion USD of performance, which was outside the Daqian Group's performance.
30% of these performance came from domestic companies, and the other 70% were all foreign orders. The profits were real foreign exchange. According to statistics, at this time, 36.72% of the world's electronic products and components were exported from the Daqian Group Army's warehouse.
This was especially true for the mobile phone industry. Due to Boss Jia's arrangements, first-tier companies like Motorola and Nokia, as well as companies like Ericsson and Samsung that planned to catch up later, if they wanted to manufacture mobile phones, they could only choose to purchase more than 95% of the components from the Da Qian Army.
After all, the economic benefits were there, and no one would say no to money.
This was the most terrifying part of the Daqian Group Army. In a small development zone in a small city in a small province in the central region of Hua Xia, it accounted for 36.72% of the world's electronic products and components production. This would definitely shock a large number of foreign friends.
However, this was nothing compared to the future Hua Xia. After all, the future Hua Xia accounted for about 40% of the world's industrial production.
Yes, it was a production task. In the future, 40% of the world's industrial products would be exported from the docks in Hua Xia. Compared to this grand future, the current Daqian Group Army, was still a little small.. their combined GDP was even less than that of Foxconn's. they had to continue to work!
But at the same time, a very sad thing was that although the Daqian Group Army's performance in 1997 was as high as 74.8 billion US dollars, the production cost was 69.2 billion US dollars. The real profit that belonged to the Daqian Group Army was only 5 billion US dollars, which was less than 6%.
Therefore, although Boss Jia held an average of 78% of the shares in the entire large enterprise, the real profit that belonged to Boss Jia was only 3.9 billion US dollars.
And Boss Jia probably couldn't get these dividends, because these profits had to be reinvested into the expansion of production, which was also a huge problem for the manufacturing industry in Hua Xia.
Because the 74.8 billion US dollars of products produced by the Daqian Group Army were sold to consumers worldwide, the total value was as high as 460 billion US dollars, which was more than six times the production cost.
In comparison, the 6% profit that the Daqian Group Army received was particularly miserable. The wages of the Daqian Group Army's workers were average in the country.
Compared to the Daqian Group's workers, it was like the difference between heaven and earth.
This was also the reason why Boss Jia wanted to separate the production from the Daqian Group and form the Daqian Group Army.
Because once these workers were the Daqian Group's workers, when they asked for the same salary as the current Daqian Group's employees, Boss Jia's profit would be reduced by more than half in an instant.
Therefore, these workers should be handed over to the Daqian Group Army, to the bosses who were more frugal, and Boss Jia could peacefully earn shares.
Don't blame Boss Jia for not being kind. If Boss Jia didn't exploit them like this, then Hua Xia's products wouldn't have any competitiveness in the world. Demographic dividends were the only way to the rise of Hua Xia. Boss Jia wasn't stupid, right?
If you want to blame someone, blame yourself for not studying hard and not being able to get into a famous university.
After all, as long as you could achieve these goals, there was a great chance that you could join the Daqian Group. Boss Jia was never reluctant to give away real talents!
It seemed to be a bit off topic again.
Back to the topic, don't be fooled by the amazing performance of so many companies and how much wealth they had created for Boss Jia.
However, compared to the America First Foundation, Boss Jia's last hidden chess piece, they were nothing.
The total market value of the companies controlled by the America First Foundation had exceeded 200 billion USD. Just 51 search and Amazon alone had a market value of more than 110 billion USD.
Other than that, companies like Apple, Qualcomm, Nvidia, Marvel, and other companies continued to work hard. In addition, Boss Jia transferred billions of USD to the America First Foundation from time to time to buy the shares of various companies with potential, especially the shares of various internet technology companies.
Now, in the United States' stock market, three of the top ten companies were internet technology companies. Among the top hundred companies, 21 were internet technology companies. America First Foundation had invested in these stocks.
Boss Jia had just earned more than 80 billion USD from Hong Kong. Almost all of it had been invested in these stocks. This allowed America First Foundation to acquire 200 billion USD worth of shares in one fell swoop. This also made America First Foundation famous in the industry. At the same time, the internet technology stocks rose even more crazily.
It was said that many people were eagerly waiting for this foundation to launch some kind of wealth management product. However, they never had the intention to do so. This made many people feel very hurt.
The market value controlled by America First Foundation now exceeded all the wealth of Boss Jia's Daqian Group. This was something that no one expected.
However, what they did not expect was that Boss Jia had created nearly 200 billion USD in Hong Kong in more than a month. (100 billion USD worth of shares were not sold in the stock market.)
It was no wonder that countries like the United States would develop the financial sector after they became developed countries. A large amount of domestic capital was invested in financial innovation.
After all, it was too easy to earn money in the financial sector. It was many times easier than simply selling labor to create products. Only a fool would continue to invest in the physical sector when they had the money to do so!
[PS: There's another chapter in an hour. I'm very busy today, so I wrote very late. Sorry.]
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
