Chapter 800 (1/2)
Chen Qing and her two daughters left Simon's office and rushed to cersei capital headquarters, also located at 1230 building of Rockefeller Center.
Apollo management's floor did not seem deserted because of Sunday, and there were still people coming and going between the various office areas.
Chen Qing knows that Apollo management is promoting the acquisition of UCAR international, a graphite electrode manufacturer, recently, involving more than US $1 billion.
UCAR is not a graphite electrode in battery, but a peripheral product of iron and steel industry, which is used for heating the internal of electric furnace steel. Because this kind of graphite electrode needs to contact with iron and steel solution with high temperature of more than 2000 ℃ for a long time, it needs to be replaced frequently, and it is just a consumable. Moreover, there are only two such manufacturers in the world, and the other is the German SGL Group.
In the past few years, due to the global economic downturn, the steel industry has entered a low period, and the demand for graphite electrodes has also decreased significantly.
Apollo management company launched the acquisition of UCAR company at this time, which is obviously optimistic about the prospects of the world economy.
Chen Qing thinks that there are probably Chinese factors among them.
China's rapid economic growth in recent years is obvious to all. Moreover, China's demand for iron and steel continues to increase significantly because it attaches great importance to infrastructure construction.
In the first two months, Chen Qing returned to China. Because of her special attention, she found that Australia's BHP group had invested US $500 million in capital, technology and equipment into a large iron and steel enterprise in Jiangsu Province, obtaining 30% of the shares, and would become the only iron ore raw material supplier of this large iron and steel giant in the next 10 years. In addition, bituo group also spent another 200 million US dollars on the widening construction of Lianyungang wharf, a large seaport in Jiangsu Province.
The total investment of US $700 million, equivalent to RMB 6 billion at the current exchange rate, shows that westero system is optimistic about the steel industry.
Apollo management's acquisition of UCAR is obviously an extension of this optimism.
Chen Qing also found that many enterprises in the westero system seem to be unrelated, but in fact they are inextricably linked. Like Apollo management company, many projects invested by this enterprise, such as fashion, real estate, science and technology, can be regarded as the familiar strengths of the westero system.
On the other hand, it is probably because of the large-scale investment of westero system in China. During their return to China, someone specially found them and hoped that the two women would invite Simon to pay a public visit to China. Obviously, as long as our boss agrees, a formal invitation from Chinese officials will be sent immediately.
It's a pity that someone is not interested in it.
Back in their internal office of Apollo management company, Chen Qing immediately called Leon black. Her direct supervisor is Jared Barkley, who is in charge of China business. However, scober is an American company. If she wants to launch an acquisition, it's better to have a direct interview with Leon black, CEO of Apollo management company.
Black's secretary on the other side of the line said that the boss was meeting guests and would not have time until an hour later.
Chen Qing is not in a hurry. She makes an appointment to sit in the office she shares with Lin Su and start to read the information about the VCD industry and scopper again.
Originally joined cerxi capital, Chen Qing was full of awe for the Wall Street giant.
Even though she was very confident on the surface, she was only emboldening herself. She was only an English major graduate from China. Her knowledge of Wall Street was limited to books and a small amount of hearsay. Therefore, she was still very worried that she would screw up.
However, after half a year of familiarity, Chen Qing gradually put her heart down.
First of all, Chen Qing did not make a mistake. Wall Street is really a place with fierce competition, and it has gathered a large number of top smart people from all over the world. The circle is also full of intrigue and the law of the jungle. Therefore, as long as you don't work hard, you can be far away from others in the twinkling of an eye.
This can be seen from the fact that the company's headquarters are still overcrowded today and Sunday.
Of course, you can rest according to the rules. However, maybe when you come back from work, there is no place for you.
Secondly, Chen Qing made another mistake. Wall Street does not have to be graduates of economics and finance to enter.
The threshold of this circle is even very low.
A lot of Wall Street tycoons who are brilliant in this circle, only a few of them majored in economics and finance when they were in college, just like Lawrence Fink, CEO of black rock asset management company, who was studying political science in USC, Leon Blake, CEO of Apollo management company, who got a degree in philosophy from Princeton University, and Chen Qing who just finished that book recently Michael Lewis, the author of ”the liar's playing card”, reveals the inside story of Wall Street. The other party's major is art history. However, this guy was in the prime of Solomon brothers, and he became a financial best seller after leaving.
Chen Qing has asked this question to some people. She thinks it's very reasonable what Sj? Red Barkley said at an internal party of the company last Christmas. This circle needs a smart mind and hard work, and professional knowledge comes second. As long as you are smart and hard-working, you can learn what you need while doing.Understand these, Chen Qing no longer had the fear.
Smart and diligent, she is not short of, for new knowledge, even if it can't be forgotten, two or three times she can also firmly remember, diligent this, she is also confident that she can surpass most people. Even if others didn't tell her, but her own understanding of the network, just Simon westero this one, she felt that it was enough to explode all the people in the building.
At the appointed time, Chen Qing got up on time and left the office with a stack of materials. Seeing that she didn't call herself, Lin Su behind the desk beside her stopped and didn't follow.
In any case, she doesn't have Chen Qing's strong ambition in her heart.
I was a little distracted just now.
Imagine if someone will continue to be abstinent tonight.
This is the best way.
Well, it doesn't seem very good.
When they came to Leon Black's office, they were not idle people. They gave each other some information they had prepared. Chen Qing gave a brief account of the project and the results of her meeting with Simon.
In 1994, China's VCD shipment was less than 20000 sets.
However, only in January this year, with the wide spread of VCD technology, according to the approximate data obtained by Chen Qing during her stay in China, this number has exceeded 30000 in the first month of the new year, and it is expected to reach more than 500000 in 1995.
Through professional market research, both Chen Qing and Bubugao's team believe that this is just the beginning.
Take the relatively popular video recorders at this stage as an example. By 1994, the number of video recorders in China was about 7 million, which is the best reference.
The lowest price of VCR in China is about 3000 yuan, and the more expensive brands are tens of thousands. That's not the most important thing. The key is video tapes. Generally, the price of video tapes ranges from 20 yuan to 40 yuan, and it's still pirated. It's not affordable for ordinary families. Therefore, many people buy video recorders and use them to run video studios.
Even so, there are 7 million VCRs in China.
Looking at VCD, although the price of VCD in China is still as high as 4000 yuan at the present stage, as long as the market demand increases and mass production is carried out, the price of all kinds of core components will certainly drop rapidly. It is not impossible to achieve the price of 2000 yuan in the end.
The cheapest is VCD.
Compared with the expensive price of 20 yuan to 40 yuan for video tapes, the retail price of VCD discs is less than 10 yuan.
Of course, this refers to piracy.
In fact, we all know that this is the current situation in China. At present, ordinary Chinese people can not afford the high price of legitimate audio-visual resources. The rise of VCD must rely on the cheap pirated content industry chain.
Chen Qing also mentioned this matter in the materials she gave Simon, and she did not hear any objection from her boss who has a huge industry in Hollywood.
This is clearly the default.
Compared with the absolute advantage of video recorders, coupled with the rapid rise of national consumption driven by China's economic growth, Chen Qing believes that the popularity of VCD in China is an irresistible trend, and the market capacity will definitely be higher than that of video recorders.
It's near noon.
While listening to Chen Qing's introduction, Leon black spent about 15 minutes quickly browsing the relevant information and looked up at Chen Qing: ”Chen, I'm very busy recently, but I don't have time to help you with this case. What are you going to do?”
Chen Qing directly handed the A4 paper with several names on one page to Leon Blake: ”I know, Leon, I have done enough preliminary work. You just give these people to me and set up an acquisition team.”
Leon Blake picked up the A4 page and glanced at it: ”Christopher Dorey, I want to promote him to be my assistant at this time, and Emmanuel Brant, the aggressive French girl in Thomas' team, tut, the kick that was made to Chris at the last weekend party, and Nick Mendelson, Lloyd McIntyre Carla hills
At this point, Leon Blake shook his head: ”Chen, Simon's arrangement for you is Jared's deputy, and I have agreed that you and the two assistants hired by Lin will be employed. Now, are you going to work alone?”
”Leon, our company has more than 200 employees, I only need five people,” said Chen Qing, a clever girl who asked her parents for pocket money
Leon black still shook his head: ”but the five people you ask for, well, you should know.”
Of course, Chen Qing knows that this is the result of her observation over the past few months. All five of them are under 30 years old. They are all rising stars with huge potential and rising rapidly. No accident, they are very hopeful to become the core backbone of this company in the future. Chen Qing is very clear about her strengths and weaknesses. She is smart enough to work hard, but she lacks enough experience because she has only entered this circle for a short time.
The five people on the list can just make up for her weakness in these aspects.However, in the face of Leon black at this time, Chen Qing certainly won't show it: ”Leon, I think there are many outstanding people in our company, they are just five of them, and Simon agrees.”
Leon Blake immediately debunked: ”Simon agrees that you are in charge of the acquisition, but will not agree that you pull out these five people to form your own team.”
Chen Qing immediately took out a smart Nokia mobile phone, shook it at Leon black across the desk, and said, ”why don't I call him now?”