Chapter 739: The Seven Pillars of the Consortium
After all, there are only more than 20 billion U.S. dollars, which seems like a lot, but if you want to buy giants in all walks of life, it will actually cost nothing.
The Rockefeller fortune reached more than 330 billion US dollars in 1974. Now, six years later, it has at least grown to 400 billion US dollars. How can we possibly hope to catch up?
Not to mention that there are so many large European and American consortia, not just the Rockefeller fortune!
My country, China, can use 70 years to catch up with the development of the West over several hundred years. Xia Yu believes that he can also achieve great leaps forward.
But this requires Xia Yu to spend every penny wisely and produce maximum benefits.
Next, Xia Yu gathered his own think tank, including the think tank and his own capable subordinates, and let them express their views.
This brainstorming took a full two days.
Until the end, Xia Yu did not express any views, as if he was just listening with two ears and occasionally taking notes.
In fact, Xia Yu just wanted to use this brainstorming situation to identify deficiencies and make up for them.
Perhaps his subordinates are all top-notch talent, all real smart people, and a group of smart people can definitely think of a lot of things that ordinary people can't.
But Xia Yu has always been very clear in his mind that they are also a bit inferior to him in one way, and that is long-term strategic vision.
Strategy is the key to determining the upper limit and the fundamental factor for success!
For his own Jiuding consortium, Xia Yu already has a general direction in mind. After combining their opinions, a positioning that best suits the current situation has been freshly released.
Each stage has its own situation, and it is certain that adjustments will be made again later, but for now, Xia Yu believes that this is the most suitable positioning.
Currently, his Jiuding Group has a diverse business portfolio, with investments in the cultural media, finance, real estate, infrastructure, retail, ports, power, hotels, transportation, food, manufacturing, pharmaceuticals, automotive, auction, and jewellery industries.
Among these industries, the top one is finance, followed by culture and media, the automobile industry is third, and the auction industry is among the best in the world.
As for companies in other industries, the worst ones are just new companies entering the industry, the better ones are among the top ten in Hong Kong, and the best ones are the dominant ones in Hong Kong, but they are not outstanding when it comes to expanding to Asia or the world.
Regardless of Xia Yu's capital, if we look at the company's strength alone, the only company that qualifies for the world's top 500 is Jiuding Financial Group, and Jiuding Culture Media Group is just barely close to the threshold of the world's top 500.
If the Jiuding Group wants to break out of Xiangjiang, break out of Asia, and compete with the world's major consortia, it must have a solid and powerful foundation.
And these pillars, Xia Yu chose the seven industries of finance, cultural media, energy, automobile manufacturing, biomedicine, high technology and retail.
These seven industries are more or less involved in some way. For example, in the field of biomedicine, there are Taiji Pharmaceutical and Yangshengtang, but they are only in the field of traditional Chinese medicine.
In the field of high technology, the only company that can be involved is Tiangong Electronics, but it can only be considered marginal.
As for energy, the only company that can be mentioned is the Hongkong Electric Company. Electricity can be considered energy, and then there is also BP's 4% stake.
Xia Yu will devote all his efforts to building these seven industries.
But it doesn't mean that companies in other industries don't care, except that they are currently less important. If you want support, you have to go to the bank.
After making the decision, Xia Yu activated three companies that had already been registered offshore, namely Jiuding Energy Group, Jiuding Pharmaceutical Group, and Tiangong Automobile Group.
After activation, the company was split up, with the original Xiangjiang Electric Light Company, which was under the Jiuding Industrial Group, being placed under the Jiuding Energy Group.
Jiuding Pharmaceutical Group, on the other hand, oversees the Xiangjiang Traditional Chinese Medicine School, Chunqiu Hospital, Taiji Pharmaceutical, and Yangshengtang.
Tiangong Automobile Group, which had absorbed Jardine Motors Group, which had originally been under the auspices of Jiuding Industrial Group, now controlled an automobile manufacturing company in Indonesia, a motorcycle manufacturing company in partnership with Honda, and Zung Fu Motors Trading Co.
However, the most prominent Rolls-Royce Motor Cars was not touched by Xia Yu for the time being, as he wanted to make it easier to move in the future, and it remained under the auspices of Guangming Foundation.
After planning, Xia Yu began to formulate a relevant implementation plan based on his past life memories.
As soon as February arrived, good news came from across the ocean.
With the help of Morgan Stanley, Southern Company finally ended up in Xia Yu's hands.
Xia Yu couldn't care less about Ito Yokado's reaction, but he knew that from this moment on, the 7-Eleven convenience store brand was in his hands, and the island nation's 7-Eleven Retail Company would be subject to his control.
And the ceiling of his 7-Eleven convenience retail stores was completely opened, and Kai could finally rush towards the Southeast Asian market without any worries.
At this time, Gavin Peter, after drifting around Europe for more than two months, finally returned to Hong Kong to report to Xia Yu.
'Gavin, how were the results?'
In the office, with Xia Yu's question, Gavin Peter's face broke into an embarrassed smile.
He immediately handed over the documents and said sincerely, 'Chairman, all the results are here.'
After that, he sat quietly on the side, as if in a daze.
After reading through them, Xia Yu couldn't help but smile, and he knew why Gavin Peter was in such a state.
It was really Gavin Peter who felt embarrassed.
In November, Gavin Peter proposed to acquire the largest publishing houses in West Germany, France and Spain, while Xia Yu listed one acquisition target each.
In the space of two months, Xia Yu's acquisition targets were all completed.
For example, the French Hachette Publishing Group was acquired for 6 million pounds.
Springer Verlag was acquired for 42.6 million marks, equivalent to 23 million US dollars.
Spain's Planeta Publishing House cost the most, at 52 million US dollars.
In addition to these three results, the Fritz family's 35.8% stake in Itaca was taken over by Gavin Peter for 75 million US dollars.
These four results were all that Gavin Peter achieved on this trip.
As for the first-place publishing houses in France, West Germany and Spain that he mentioned earlier, either they refused his acquisition, or even if they were willing to sell their shares, the price was shockingly high, which was a great blow to Gavin Peter.
Fortunately, the chairman had appointed him to acquire all the targeted companies, giving Gavin Peter some confidence.
Xia Yu did not embarrass Gavin Peter, ignoring his expression and speaking gently, 'Gavin, you have done a great job, thank you for your hard work.'
'These companies have been acquired, so you must complete the integration as soon as possible to maximise the use of resources.'
'Next, you should focus on the UK and the US.'
Gavin Peter took a deep breath and nodded in agreement, 'Chairman, I will remember!'
After encouraging Gavin Peter some more, Xia Yu dismissed him, and he went home to pack his bags.
In a few days, he would have to go to the United States for his Seven Pillars of Prosperity plan.
His route was to fly to London first, and then from London across the Atlantic to New York on the east coast of the United States.
After packing his things and before he was about to leave, Xia Yu once again called Liu Tianci and Wang Qi to his office.