Rebirth: From catering group to world’s richest man

With the current development of Jinshan.com, Lin Shen can only say to let the bullets fly for a while. There is no use in rushing anyway. The key is not to fall behind.

It is now the end of 1998, and Lin Shen has been busy in school for a long time.

Because at the end of the semester, there were many things in school that Lin Shen needed to deal with.

After finishing my work, school is officially on holiday.

After the holidays, Lin Shen stayed at home and spent his daily life reading various books to improve his knowledge reserve. I dare not say anything else now. Take Lin Shen out. He is an expert in any field.

Lin Shen finished reading the book that day, turned on the computer, typed”Fights to Break the Universe” for five minutes and uploaded it to Jinshan.com.

At this moment, someone entered Lin Shen’s yard

“Tingting, are you back?”Lin Shen was a little surprised when he saw Mu Tingting.

Mu Tingting was also sent out by Lin Shen to handle some things during the previous period.

“Boss, are you surfing the Internet?”Mu Tingting saw Lin Shen turning on the computer and said

“That’s right. Lin Shen chuckled,”Come over and sit down.””

Mu Tingting sat down on the sofa, and Lin Shen went to pour Mu Tingting a cup of hot water.

“Am I the only employee who can ask the boss to pour water himself?”Mu Tingting took the water glass from Lin Shen’s hand, her eyes turned into crescent moons as she smiled.

“Of course. Lin Shen also smiled and said

“Boss, I have completed everything you asked me to do. This is all the materials I brought back when I went out.”Mu Tingting took out a lot of documents, three stacks in total, and placed them in front of Lin Shen.

Lin Shen picked up the first stack.

This first stack is all the documents related to Shengyi Investment’s investment in Huawei Technology Co., Ltd.

That’s right. , Lin Shen asked Mu Tingting to invest a huge amount of money in the current Hua W

“Boss, this company called Hua W is mainly involved in the telecommunications industry. Their program-controlled switching technology has absolutely independent research and development intellectual property rights. When you invest in them, aren’t you optimistic about the future development of Longguo’s telecommunications industry?”Mu Tingting could also roughly guess Lin Shen’s intention.

“Yes, you have seen that program-controlled switching technology is now widely used in all walks of life. I have studied this company. As far as I know, this company has a basic law. They stipulate that the company’s annual sales revenue will be 10%. One of them will be used for scientific research. I think this attitude will make this company more competitive in the future. Lin Shen said

“You’re right boss, they really have this rule.

However, it really took a lot of effort for us to acquire the shares of this company.

“Mu Tingting said,”This company was still unknown a few years ago.

Although it has its own program-controlled switching technology, it is still at a disadvantage when facing competition from multinational companies such as Nokia.

But starting last year, the boss of this company, Ren, somehow came up with a brilliant idea.

Their Hua W company went all over the country to establish joint ventures with telecommunications bureaus in various places.

For example, when going to Sichuan Province, it was called Sichuan Province Hua W.

company, and then Hua W became the telecommunications bureau’s own product, but the money for purchasing the equipment was paid by the state.

The telecommunications bureau used Hua W’s equipment and made a profit in vain.

As a result, these telecommunications bureaus switched to Huawei products one after another, and even replaced all the original equipment.

”

“Haha, Boss Ren is quite a ghost. Lin Shen said

“Well, so last year, Hua W’s sales reached 4 billion yuan. Although part of the profits went to local telecommunications bureaus, they dominated the market. This is also the main reason why they can raise prices this time.”Mu Tingting said

“Well, how did you lower the price? Lin Shen asked casually

“It’s very simple. The joint ventures they have established with local telecommunications bureaus are reported every day by domestic and foreign counterparts, and they are pursued. In fact, it is not very justifiable. I would say that sooner or later these joint ventures will become a drag on the enterprise, so bargain from this aspect..”Mu Tingting said with a smile.

“Yes, you did a great job.” Lin Shen nodded and said with appreciation.

Mu Tingting did a good job indeed.

Lin Shen has seen the contents of the document.

Shengyi Investment invested 1 billion soft sister coins to obtain 15% of the shares of Hua W Technology.

Of course this The price is definitely a premium, because what Lin Shen told Mu Tingting was to try to win the shares of Hua W no matter what.

Considering that Hua W’s sales reached 4 billion soft sister coins last year, 1 billion soft sister coins accounted for 15% of the shares.

%, although it was a bit of a loss, it was still okay.

Although Mu Tingting handed over the 1 billion soft sister coins, she felt very distressed.

Lin Shen picked up the second stack of documents, which was also about investing in a private enterprise.

The private enterprise is called Biya D.

Lin Shen picked up the document and started reading it.

“Boss, our investment in this company is going to be smoother.

A large part of their business is export.

Since last year, when the Asian financial turmoil began, the order business from major exporting countries has dropped significantly, and many orders have been shipped.

, as a result, when we got there, the financial crisis suddenly broke out, and the ordering company went bankrupt.

So this company was affected by the financial turmoil.

Last year and this year were not very good.

“Mu Tingting explained from the side.

“Um. Lin Shen nodded.

BYD was founded in 1995, and now it mainly produces and sells batteries. Asian countries are the main importers of batteries produced by BYD. As a result, it can be seen that when the Asian financial crisis broke out, their company’s The business must have been affected.

However, Lin Shen was very interested in this company, so he asked Mu Tingting to discuss cooperation.

“However, the scale of this company is much smaller than that of Hua W. Last year’s sales were only 100 million soft sister coins. We cooperated with them with so much sincerity. When the other party happened to be short of money, look at how much we gave them. Money, plus our promise to use the Yuanfeng Group’s relationship to help them open up the European and American markets, we negotiated for a few days and concluded.”Mu Tingting said.

Shengyi Investment invested 600 million soft sister coins and took 35% of BYD’s shares.

This is also a loss-free investment. After all, BYD will be the top two battery supplier in the world in the future.