Chapter 1165 Return to the United States
Xu Liang pondered for a moment.
"In general, I have no objections to the integration of Seibu Hotel Group. There are only two points.
First, the signboard "Prince Smart Hotel" is too awkward to pronounce, so it will be changed to "Princess Hotel" in the future.
Second, reduce the size of the hotel property.
Within Japan, except for Tokyo, Osaka, Yokohama, and Nagoya, all business hotel properties in other cities have been sold, and the properties are mainly leased.
Huaxia's hotels, except for first- and second-tier cities, mainly rent properties in other cities.
In countries around the world, except for capitals and major economic cities, other hotel properties are mainly leased.
The money from the sale of the property will be used as development funds for the Seibu Hotel Group. ”
The future of the global hotel industry will gradually transform into ‘asset-light’.
Xu Liang's decision can be regarded as complying with the situation.
"Okay."
Akiyama Yan quickly agreed.
“Also, many Prince Hotels were built in the 1970s. Thirty years later, many pipelines have aged and are in urgent need of renovation.
When you get back, make a list and submit it, and arrange a reinstallation plan.
If it's not worth reinstalling, just tear it down and build a new one. ”
"The two amusement parks, Seibu-en and Toshima-en, occupy a huge area and have a long history. For specific new construction plans, you need to seek opinions from many parties. I will give you one year to make a plan.
In one year I will get two detailed reconstruction plans. ”
"Hi."
After waving for him to sit down.
Xu Liang looked around at everyone.
“After selling Sogo Seibu Department Store, the entire Seibu Group’s total revenue in the two quarters was 713.9 billion yen (35.7 billion Chinese dollars, 5.1 billion U.S. dollars).
The net profit of the main industry was 122.8 billion yen.
Total liabilities are $24 billion. ”
After selling Sogo Seibu Department Store, it reduced its debt by $3 billion.
"The group's investment account has a floating profit of US$7.2 billion."
As soon as this statement came out, everyone except the group's chief financial officer Zhong Tao changed their colors.
Many people even exclaimed in surprise.
Bai Shanjin, who is more impatient and relatively young, couldn't help but ask.
"President, when did the group have so much money in its account?"
If the company still has more than 7 billion US dollars, Seibu Group will not be on the verge of bankruptcy.
"I believe this is also a question for all of you.
I'll just say it briefly.
After I acquired the Seibu Group at the beginning of this year, I established a financial investment account in the group.
Use this money to invest in the U.S. subprime debt market.
But this money is not long, but short.
Now the U.S. real estate market, especially the subprime mortgage market, is constantly experiencing storms, and the group has also made a lot of money. ”
The reason why Xu Liang exposed the floating profit in his financial account was to give everyone confidence.
Otherwise, the debt scale of US$24 billion is still too large compared to the entire Seibu Group.
With this cash flow of more than US$7 billion, the group's debt pressure can be greatly reduced.
Judging from the attitude of everyone present, his goal was achieved.
"As for this money, after it is accounted for, it will be used first to repay bank loans with high interest rates. The rest will still remain in the account. I will continue to operate in the financial market to ensure that this money continues to increase in value."
His eyes slowly swept over the people who had obviously more confidence in their eyes.
"Everyone, what I want to tell you is, don't pay too much attention to the group's debt. I promise you that the company's finances will be healthier.
All you need to do is run the company well.
I want to see a quality company that is well run and growing!
I’m looking forward to seeing what you do over the next few years. ”
After the meeting, Xu Liang had dinner with the senior executives of Seibu Group.
In the next few days, we will conduct research on team building among various subsidiaries.
It was busy until mid-August.
This time, all the profits from the "Gonggong Plan" in Japan have been received, which is a bit more than he had expected, almost 7.5 billion US dollars.
It should be emphasized that unlike the United States, Japan does not have the concept of short-term capital gains tax, and capital gains tax does not distinguish between short-term and long-term holdings.
Japan’s capital gains tax rate is unified at 20.315%, including income tax (15%), special reconstruction income tax (0.315%) and resident tax (5%).
Xu Liang certainly doesn’t want to pay taxes.
So all of it was used to repay the group's debts.
The reason why we say that within the company is just to give the management confidence.
After this time, Seibu Group's debt was directly reduced from US$24 billion to US$16.5 billion.
Compared with the initial US$27 billion, including interest, the huge debt of US$32 billion has been reduced by half.
This directly reduced the debt ratio of Seibu Group from more than 60% at the beginning to the current level of 35% (calculating virtual assets such as goodwill).
From now on, Xu Liang does not plan to use the money earned from the stock market to repay debts.
After all, Japan’s corporate income tax is as high as 30% and the capital gains tax is only 20%. It’s clear which one is higher.
When there is no pressure from high-interest debt and the debt ratio returns to a safe level, it is more affordable to use corporate income to repay debt.
After finishing the matter in Japan, Xu Liang took the Kunpeng private plane and came to Silicon Valley again.
When Xu Liang got off the plane, he caught a glimpse of Helen Montes, who was not far away and was wearing a bright red lady's waist dress. Her golden hair was pulled into a bun, making her neck look even longer and her face delicate.
"Dad."
Accompanied by excited shouts, a little guy wearing a navy shirt and gray shorts with obvious mixed-race features ran over with excitement on his face.
Behind him was a little carrot head who was wearing crotchless pants and walking slightly unsteadily.
Xu Liang quickly stepped forward and held the two little guys in his arms.
I have known Helen for almost five years, and they have two children together.
Xu Wenbai, born in October 2004, is almost three years old.
The younger one was born in May last year. He is now one year and three months old and can’t speak clearly.
Kissed the two children's smooth little faces hard several times.
The older brother was laughing and joking, while the younger brother felt uncomfortable being pricked by the tough stubble of the smelly old man, and his two little hands pushed his big face in disgust.
After laughing and joking with the two children for a while, I put them down.
He hugged Helen tightly into his arms as he walked over.
The woman also hugged him tightly, as if she wanted to rub her body into his arms.
"I really hope this moment stays forever so that we never have to be separated again."
Helen said affectionately.
"I love you, Helen!"
"Dad, Mom, I want to hug you too."
The child's words interrupted the deep affection between the two.
"Let's go home."
Xu Liang picked up his heavier brother, Helen picked up her younger brother, and the family got in the car and drove towards Atherton's manor.
When we got home, the family had dinner happily.
Put the two little ones to sleep.
The woman jumped directly into his arms.
White arms hugged the thick neck.
The fiery eyes seem to melt people.
"Honey, I can't wait."
"Me too."
He walked into the room with the woman in his arms.
A concerto of soul and body suddenly sounded, and soon resounded throughout the manor. ……
The next day.
Xu Liang practiced martial arts step by step, had breakfast, and took time to play with the children to enhance the relationship between father and son.
It wasn't until almost noon that Helen went downstairs with some staggering steps.
Putting down the child in his arms, Xu Liang smiled.
"If it doesn't work, don't force it. It's you who will be tired."
She rolled her eyes at him.
"I'll call those two sisters over tonight. I'll exhaust you to death."
"How are they doing during this period?"
Xu Liang asked with a smile.
"My sister Erica is pretty good and has been busy with her beauty website during this time; Camila is a bit wild and loves to play, and is a frequent visitor to bars and entertainment venues.
Please...you...collect 6...9...books...!
Because I am not short of money, plus I am pretty.
Caused a lot of trouble.
If it weren't for the bodyguard, she might have been played by someone else by now. ”
Xu Liang nodded, "Since it's so troublesome, then give them a sum of money and send them away."
Helen smiled and said: "Why, have you had enough fun?"
"I just don't want to have a cuckold on my head for no reason."
The atmosphere here in the United States is much more open than that in the three East Asian countries.
Helen and Christina could endure their loneliness because they knew what they wanted.
Especially Helen, who has been in the upper class since she was a child and is well-informed.
Although Christina's family background is not as good as Helen's, she still belongs to a Kochi family.
Both of them have good family education and will not mess around.
"Okay, I'll handle this matter."
Helen said.
Xu Liang nodded and said nothing more.
He respects women's management of his 'harem'.
After the two played with the child for a while, they came to the office together.
"How is the company developing?"
Helen opened the safe and handed over the information she had prepared in advance.
"Everything you want to know is there."
Xu Liang took it and turned it over briefly.
It is Facebook’s operating data for the two quarters of this year.
Facebook is now more than just a company, it also owns Twitter and Netflix.
The number of Facebook registered people worldwide has exceeded 270 million, and total revenue in the two quarters exceeded US$300 million, a year-on-year increase of 57%.
The number of Facebook platform partners exceeded 7,000.
The number of registered users on Twitter exceeded 190 million, and its total revenue in the two quarters was US$130 million, a year-on-year increase of 63%.
Netflix’s registered users exceeded 40 million, and its total revenue in the two quarters was US$160 million, a year-on-year increase of 34%.
The group's overall revenue in the two quarters was US$645 million (including non-main business income), an increase of 65% year-on-year, and the net profit of the main industry was US$127 million, an increase of 95% year-on-year.
“Overall, it’s pretty good. How many people have registered on Facebook APP now?”
"58 million, the development is very good."
Xu Liang nodded.
Originally, he planned to come up with a plan for ‘WhatsApp’, but after thinking about it, he decided against it.
It’s not too late to wait until Facebook completes the ‘Facebook APP’ before planning new things.
Doing too much at once can make you feel overwhelmed.
Instead, it delayed the development of two key apps.
"No one dares to be careless about what you personally explained. By the way, dear. Now that the crisis in the U.S. subprime mortgage market is getting worse, you have expected everything again."
Helen looked at the man in front of her with admiration.
As someone close to her, she knew very well that as early as the beginning of 2005, this man had foreseen the hidden crisis in the prosperous U.S. subprime debt market, and had acted in advance to plan for harvest.
It's all expected now.
"I see you're curious about how much money I make?"
Helen's eyes were as charming as silk, she walked over on cat steps, sat in his arms, grabbed her generous palm, put it on her chest, and said softly.
"How about telling people?"
Xu Liang smiled while playing with the soft jade Wenxiang honestly.
"It's not that I won't tell you, but I don't know how much I can earn. Now, many insurance policies are being liquidated, and some policies have not met the claims conditions.
So, it will take some time to figure out the exact numbers.
Besides, haven’t I already donated $5 billion in CDS bonds to the trust fund in my son’s name?
You fairy are not satisfied yet? ”
"Dear, no one in the world has too much money. Besides, only $4.5 billion of CDs worth $5 billion finally arrived.
If it wasn't in the name of charity, a large amount would have to be handed over. ”
Helen was a little dissatisfied.
He gently tapped her nose gently, "You look like a female version of Grandet now, and you are still not satisfied with 4.5 billion US dollars?
However, you don’t have to worry, the money in the trust fund is not static.
With US$4.5 billion invested in the capital market, more will be earned in the future. ”
"Really?"
"Do I need to lie to you?"
Paji.
Helen kissed him hard on the face.
"My dear, you are so charming now! I love you so much."
Xu Liang laughed ‘haha’.
He knew the woman next to him quite well.
As long as you give her enough money and social status, she will never betray you.
Although it sounds a bit naked, this kind of naked relationship is easier to maintain.
After staying at home for three days, Xu Liangcai went to Hanhua Silicon Valley Office and took a look around Hongmeng America.
Hongmeng America is no longer an independent subsidiary, but a collection of American subsidiaries of many companies such as Hongmeng Games and Hongmeng No. 1 Store.
"Mr. Xu, this is a fax from Unocal. The company's exploration business along the coast of Brazil is progressing smoothly. An oil well has been explored in Block 15. After professional measurement, it contains approximately 70 million tons of crude oil."
"70 million tons?"
"Yes."
Looking at the faxed information, Xu Liang was happy but also a little disappointed.
Even if a deep-sea oil field with such reserves is developed, it will not make much money.
"It's good news after all. Even if we can't have a big feast in the end, it's still good to have two bites of steamed buns to cushion our stomach."
Xu Liang smiled.
"I heard that Chevron and Shell have not drilled a single oil well off the coast of Brazil, and have not seen any oil seedlings. Compared with them, we are already very lucky." Li Jinling said.
Xu Liang smiled and nodded, "Is there any other news?"
"Yes. The Chinese General Chamber of Commerce in the United States invites you to attend the '13th National Chinese Financial Association Conference' held at the Accent Center in New York on September 1st."
Xu Liang: "This is the first time they have invited me?"
"This is the fourth time. They have been inviting you to participate since you became famous for shorting Enron in 2002."
"I have been working hard for so many years, but it is not good to always refuse. Just agree."
It just so happened that he also needed to go to New York.
"Okay."
(End of chapter)