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Chapter 346 Target Global

This requires a detailed explanation of the benefits of Oriental Bank, which is the same as Apple garrisons more than 200 million yuan in cash overseas but is reluctant to take it back to China for use, because it faces a high tax burden.

For any company that can cover its business around the world, there are similar considerations: I also have an investment and business plan outside the profits I make from overseas. If I take them back and take them out, would I think it would be too much?

Besides, because it is a problem of foreign exchange entry and exit, in order to facilitate management, the profits of Oriental Group that have no plans to use in China are retained.

If you keep it, you have to have a cooperative bank and a special account. At first, they cooperated with Citi, but as the scale grew, Oriental Bank could no longer sit still and had to rush overseas!

A set of data can illustrate a lot of determination: Northland Pharmaceuticals accounts for 60% or more of its global revenue overseas, with as much as 40 billion in profits per year, or short-term projects that cope but not payable may have tens of billions! These should be lying in a bank account for several months!

The value it can be imagined for banks to create for tens of billions and several months! Even if it is just a short stay for a few months, the benefits it can create for banks are something that no bank dares to underestimate! This is one of them!

The second is that Dongxing knows the boss's psychology better and knows the business trends of Oriental Group. They are completely unstoppable crushing expansion! In the first half of next year, a specially established mobile phone battery company will officially supply Apple's high-end batteries.

Apple's purchase unit price reached 100 US dollars, compared with the previous cost of Apple's battery, which was a robbery! But Apple had to bow its head and admit to robbing!

Because unlike automotive power batteries, electric vehicles are not the mainstream today and are not necessities. Oriental Group has to enthusiastically invite them, so those giants will cooperate half-support.

But for Apple, batteries are a necessity! High-capacity batteries can open up a world of difference. If you give them to Samsung, Apple's sales will definitely plummet!

So this is a necessity, and I have to bow my head, which has caused Apple to ship up to 200 million mobile phones every year. The cost of purchasing batteries alone is as much as 20 billion US dollars, equivalent to nearly 140 billion!

The retention and dealings of this money overseas are equivalent to 70% of the market value of Dongxing! If any Dongxing leader who knows the inside story can not be moved?

There are also power batteries? The profit is also quite good! There are other plans to expand in the future... After some estimates, the senior management of the Eastbound Travel Association will follow the boss and the foreign business volume will definitely surpass that of the domestic one!

At the lowest estimate, it can double the market value! I dare not argue about the total amount of funds managed, but how strong is the development of Oriental Group? As a member of the ecological structure, the bank enjoys the halo of a member of the consortium!

This is why the eastbound travel must rush overseas!

It is also the reason why these British and European small and medium-sized banks are particularly happy when they hear they are going to be acquired by Chinese consortiums. Who wants to be developed and seize the opportunity to soar!

At the level of acquired bank shareholders, most of them are willing to replace shares and cooperate! The only level that needs to be faced now is the government and policies.

The government will intervene in bulk transactions and acquisitions, especially Chinese capital! Whether out of vigilance or political psychology, these countries are not happy if they don’t intervene.

But this time, Yang Ming also held the trump card. He revealed at an informal party that people will inevitably conduct partial operations in terms of power batteries and operations.

Batteries are a big joint, but supply demand is very scarce! The opinions on the board of directors are different based on the technical support, corporate support and opinions on the board of directors.

However, United Battery Company is absolutely controlled by Yang Ming and his wife. The chairman's words can easily influence the development prospects of some companies, even life and death.

So when you make small moves, I also have a trump card to fight back, everyone is with each other!

The potential mutual restraint caused the politicians and Yang Ming couple to smile at this meeting. The politicians' high-sounding words were not repeated: "We are very happy to see that the East and the West have further deepened economic exchanges and cooperation, and we also hope that our friendship can be maintained for a long time!"

"I think this is a win-win situation. As long as it continues, we will gain longer-term benefits. We will negotiate and be good to everyone, right?" Yang Ming clinked glasses with them with a giggle.

Everyone understands the implication, respect me and let you be harmonious and harmonious! You are not as big as the United States, and you can easily hit you!

Why do you have to be the same as the 25-year-old in the United States? Yang Ming will not give priority to the United States if he has investments now, unless he is willing to implement it after various guarantees from politicians.

So the negotiations have been almost done in private.

Oriental Bank will acquire some small and medium-sized banks, merge them to enrich their business capabilities, expand them to the world, and follow the giants to move forward.

...

After that, Li Wei began to consider preparing more business for Dongxing.

It is also a kind of feedback she has devoted herself to her career for many years and is happy to see its growth. In general, if Dongxing wants to expand overseas smoothly, then Dongfang Group's growth cannot be weak!

"How much have you prepared?" Yang Ming has rarely asked since he was shaking his hands and spent money wholeheartedly. Dongfang Group is fully managed by her.

"There are one or two every year, going deep into all major fields." Li Wei put down her coffee and crossed her legs. Now they are on the BBJ soaring in the sky, with white clouds outside the window and clear world.

She also said: "In Magic City next month, the company will launch an AR glasses, which is an imitation of the technology you brought last time, and we have put it at a bargain price."

"China is best at slapping the price of advanced Western things." Yang Ming thought of this allusion with a smile, which led to the West almost blocking high technology against China, but also made them a system of their own.

She said: "This is actually to pave the way for us to launch more products in the future. The image technology and intelligent technology on it will be used in the design and industrial fields in the future."

"There is also the focus on intelligent technology. Nowadays, major companies are developing artificial intelligence. We have greater advantages. There is no need to hide it anymore. I want to launch AI chips."

"In terms of technology and technology, it is relatively restricted by the West, right?" Yang Ming then considered it, because whether Intel, AMD, or stronger IBM, they all come from the United States.

"I have a US itinerary behind me, and I hope I can discuss it," she said.

"Do you need me?"

"No need, you go and do what you want to do. We agreed to divide the work together at the beginning, and now I have enjoyed the achievements of making it bigger by myself."

"It's okay, Queen." Yang Ming supported her approach, because people may always have several goals, otherwise they will be useless if they eat, drink and spend money all day!

Yang Ming also thought about himself, and there were many aspects worth his efforts. Continue to do something different from others.

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ps: I feel that there is not much content to write...
Chapter completed!
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