Rebirth of the Republic of China: The Story of the Chaebol
Chapter 60 The Powerful Longhua
Compared with these troubles at home, Sun Tong's career has continued to develop rapidly in the past four years.
Uncle Sun Fast Food went public two years ago. As the world's largest fast food chain, Sun Tong, the behind-the-scenes boss of Uncle Sun Fast Food, must have earned no less than 500 million US dollars from this company over the years. If the value of the stocks he holds is also taken into account, this company alone may bring Sun Tong more than 3 billion in wealth.
Now Uncle Sun Fast Food and Coca-Cola are discussing a merger. When Uncle Sun bought Coca-Cola, the company was worth only 1800 million US dollars.
Today, thanks to Sun Tong's huge investments over the years, the parent company of Coca-Cola, the world's best-selling beverage, has a total market value of more than 10 billion. And because Coca-Cola is not listed, Uncle Sun Fast Food needs to pay a premium if it wants to acquire the company.
Because the boss behind the two companies is the same person, the business negotiations for the merger to form a new company went relatively smoothly. After the merger, the new company will be the world's largest catering company, with a market value of more than 4 billion. Because Sun Tong is the holder of all the shares of Coca-Cola, after the merger of the two companies, Sun Tong's shareholding in the new company will once again exceed 60%, reaching 63%.
With the establishment of the new company, the company will increase its investment in industries such as catering, beverages and snacks. At the same time, the company will also increase its investment in the agriculture and animal husbandry sectors.
As Sun Tong's confidant, You Ning will take over the management of the new company and become the president of 'Uncle Sun'.
In addition, in order to strengthen the cooperative relationship with the Rockefeller family, the two families jointly established an arms company called "Future Manufacturing" in the United States.
Because the arms giant Huayou stands behind this company, many designs that were eliminated by Huayou will become the flagship products of "Future Manufacturing" after slight modifications. This has enabled this company, which was established only a few years ago, to quickly gain a foothold in the industry.
To put it in the words of later generations, this company is now considered a big celebrity in the arms industry.
Compared with the mainstream designs of major companies today, the products produced by "Future Manufacturing" may not be much better than those of other companies in terms of performance, but because of their bold and avant-garde designs, this company's products have been extremely popular among the general public after they were put on the market.
Especially before the Great Depression began, when the wealthy Americans saw these innovative weapons, they couldn't put them down. Although this company has never received any orders from the American military, relying solely on the civilian market, "Future Manufacturing" still has annual sales of more than 300 million.
You have to know that this company has only been established for less than three years. It has been able to increase sales to this level in such a short period of time, which is quite explosive in the history of the entire industry.
In addition, as the protection period of patents such as nylon expired, Sun Tong directly separated several material laboratories from Hon Hai and established a new material company called "Bosch". This company is now cooperating with two major consortiums, Rockefeller and DuPont, in the United States. The three companies jointly divide the market for new materials such as nylon and polyester.
Just like other time travelers who came to this era to sell stockings, Bosch has also made countless amounts of money by selling stockings through cooperation with the Rockefeller and DuPont consortiums over the years.
As he had more and more funds in his hands, Sun Tong used more than 60% of his funds to buy gold as reserves, and basically invested the rest of the money into the development of the Longhua territory.
Although Longhua is not a country in name today, in terms of strength, Longhua is no weaker than those second-rate powers in all aspects.
After years of immigration, Longhua now has a population of over 110 million, a total economic output of over US$80 billion, an annual per capita income of US$360, an annual steel output of 65 million tons, and a national literacy rate of %.
Just comparing the above data, except for the population, Longhua is still slightly inferior now. In other aspects, except for Chouguo, Yingguo, Gaul, Maoxiong and Hans, even Italy and Japan may not be able to compare with Longhua.
In addition, Longhua has 30 active military personnel, 70 reserve personnel, and a total naval tonnage of 28 tons.
The above three data are enough to make Longhua's military strength rank among the top ten in the world.
The key point is that Longhua is located in Africa. Where is Africa? This place is almost forgotten by the whole world.
Given Longhua's location, no surrounding force can threaten it. On the contrary, Longhua has always been eyeing the western continent. After all, the only thing that restricts Longhua's development now is the land area.
The Chinese people's obsession with land is ingrained in their bones. In fact, many people in Longhua Territory have been advocating a westward strategy. Jiao Hongguang and Xue Xiang, who are in charge of the Longhua Territory, have reported this to Sun Tong more than once.
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