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Chapter 325 Harvest and New Layout

If so, smart TVs will have the hope of exceeding $20 billion in sales this year. For Duke, this is equivalent to planting another money tree. With more than $30 billion in sales of mobile phones and nearly $10 billion in revenue from navigation equipment business, as well as Duches Heavy Industry's operating income in brainwave products and software, it is almost $10 billion. In a blink of an eye, Duke's business empire has a scale of about $80 billion in annual operating income.

This operating income scale is simply rich and can basically rank among the top 30 among more than 200 countries in the world. Although Duke's shares are not 100%, even if these shares that do not belong to Duke are converted, the operating income under Duke's name is more than 50 billion US dollars.

Duke has become one of the most super rich people in the world. However, since most of Duke's businesses have not yet been listed, people cannot estimate how much wealth Duke has. However, no matter what estimates it is based on, Duke is now the most openly richest man in China.

For Duke, in addition to being more likely to be on the front page of various domestic media in publicity and attracting countless fans, it is more convenient to contact with domestic senior officials. The three companies under Duke Heavy Industry, distributed in different provinces and regions, are astonishing as if they were completely reborn, making local governments full of expectations for Duke.

Every day, there are endless people from local government investment promotion departments that come to the door to actively seek mergers and cooperation. The many things are so much that Duke has to set up a full-time office to handle it. The three senior assistants hired by SAL have to meet with more than ten investment promotion representatives every day. The companies that cooperate with are almost everything from the primary industry to the tertiary industry, which makes the three knowledgeable senior assistants shout that they can't stand it.

"Boss, today I have received eleven companies, including green breeding, metallurgy and machinery and equipment industries. Among them, breeding requires financial support, while metallurgy and machinery and equipment companies are here to seek mergers. They hope to become a branch of Dushi Heavy Industry and are willing to sell most of the equity to accept Dushi Heavy Industry's technical transformation." Senior assistant Qian Sikui sorted out his work today into a paper report.

"But I found that they were too far away from Dushi Heavy Industry's Yuanda Bearing or Xincheng Special Steel, and their own conditions were not very good. For Dushi Heavy Industry, these are not very good partners. They do not conform to our future strategic orientation, so I have rejected all of these companies today."

Duke spends about an hour every day to listen to reports from these three senior assistants, and by the way, he has a simple discussion of some partners with certain prospects. If Duke feels that he can negotiate further, these senior assistants will first make preliminary contact with the other party.

However, there are not many such companies. After the production of machine tools has basically saturated after the merger of so many machine tool companies; the production of special steels has insufficient capacity, but there are not many companies that meet the requirements. Either the geographical distance is too far, which is not conducive to management; or the transportation conditions are not good, which is not conducive to transportation. In short, very few people meet the requirements.

This thing is often invested in tens of billions of dollars, and Duke dares not agree to some companies with poor conditions. Even if the local government proposes good conditions, Duke cannot agree. If you are in business, if you invest in a company, you have to be responsible for building a dozens or hundreds of kilometers of roads in the local area for transportation. You may lose a lot of money.

At this point, Duke must listen to the investment feasibility report of experts. His most outstanding technical expertise is smart control technology. Now it is easy to enter the consumer electronics industry. Duke has deeply intervened in mobile phones, navigation instruments and smart TVs, etc., and has achieved remarkable results.

In the future, in addition to the nuclear energy that is still in its infancy, the automotive industry is the only one left.

However, nuclear energy is still a field of state monopoly operations. Duke has not seen any opportunity to enter in China. The automobile industry is also mixed with interest groups and forces in China. Even international giants cannot do so. Duke, a new rich man, has not yet obtained this opportunity, although the navigation device has entered this industry with half a foot.

But the difference between making accessories and the whole vehicle is too big.

Therefore, Duke now chooses a merger and cooperation company, and the selection criteria is to begin to accumulate around entering these two industries in the future.

"Boss, today I received 8 companies, one of them deserves our attention," said another senior assistant Xue Qiyuanhui. "Oriental Power Company has now formed a small-scale production capacity of 12mw, 25mw, 50mw, 100mw, 125mw, 200mw, and 300mw turbines.

However, due to the insufficient supply of large castings and forgings and the lack of senior professional talents and composite talents, Oriental Power cannot further make breakthroughs in the higher-end supercritical and supercritical steam engines, and its supporting capabilities from raw materials to various supporting components are weak, especially in smelting, heat treatment, quality control and other aspects.

Therefore, they urgently need the materials and processing technology we have the hope to overcome the independent intellectual property rights of high-end technologies in the steam turbine industry, such as supercritical steam engines, 9f-level gas engines and key components.

I think this company is worthy of attention from the boss. This industry can be regarded as a technology-intensive and highly monopoly industry, with most of its market share being occupied by the three giants of Harbin Automobile, SAIC and Dongqi, especially large units being basically monopolized by them. And Oriental Power has now been in an extremely important bottleneck period when it is about to break through large units.

Although the local government is willing to make the company bigger and stronger, it has no ability to compete with the three domestic monopoly companies in terms of technology, talents, funds, etc., so it comes to seek cooperation. Obviously, it is very familiar with and expects us to have technical advantages in raw materials and processing. However, their asking price is relatively high, requiring at least more than 45% of the shares to be retained, and promises that the factory will take root in the local area."

After listening to this report, Duke felt that the company was still interesting. As the core component of the future power generation part, steam turbines are also a very important link for their nuclear energy strategy.

"You have a look at it and see if it can be acquired in full. If it is not, we can give in to the local government to retain 20% of its shares; as for local production, this condition can be agreed to them." Duke casually instructed.

In his life, he spends about half of his time solving the problems raised by various R&D projects and spends half of his time dealing with this type of business, so he lives a very fulfilling life and begins to get closer to his most important goal step by step.
Chapter completed!
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