Chapter 665: British Industrial Layout

Chapter 665: British Industrial Layout

Chapter 665: British Industrial Layout
In the future, the US electronics industry will have the highest return on investment in the world. This is absolutely unparalleled. Even Hong Kong's real estate cannot compare to it. Until the Internet era, some Internet companies in the Mainland may also have a similar rate of return.
This is also due to the special characteristics of electronic technology, software, and the Internet. Once developed, they can be quickly copied and spread. Especially after the Internet, a piece of software may be able to provide a return of 10,000 times or even higher.

According to Yang Wendong's own estimation, due to the influence of the butterfly effect, the future history of science and technology development in the mainland will most likely be affected by him and become completely unrecognizable. The origins of those business figures in history may have changed. After all, Yang Wendong had already done business with the mainland in a very early era, and he would definitely have influenced the mainland.
As for the United States, the people and companies from the 90s and s may not be greatly affected. That is, companies such as Apple, Microsoft, Oracle, and Cisco may still exist with a certain probability, but those after the s may become unrecognizable just like in the mainland.

So in this case, investing in some people with strong investment vision is a very good choice. Sequoia Capital is naturally one of them. If Japan's SoftBank also exists in the future, it will also be a good investment.

However, investment is investment. In the United States and even in the future mainland, foreign capital is generally not allowed to own too much equity in technology companies. Therefore, these are purely economic returns. They seem high, but if they are too high, another problem will arise. If you want to keep this high return, you must have enough influence in other fields, otherwise you will be a fat lamb waiting to be slaughtered.

Not to mention the national level, even if the company is invested in, after it develops, some shareholders who have no resources to help it develop will be gradually excluded. This is the nature of capital. Useless people are not qualified to control high-quality resources.

Therefore, in the long run, real industries such as industry, media, and retail will be the foundation of a large conglomerate; of course, real estate finance also counts, but in the future, the real estate finance core of Changxing Group will inevitably be in Hong Kong, the Mainland, and Southeast Asia, and will have little impact on Europe and the United States.

After arranging relevant matters in the United States, Yang Wendong took a private plane and came to the UK again;

Now, Changxing Group is preparing to make a large investment in the UK, and Yang Wendong also needs to make appropriate connections with senior British officials. In addition, with the UK joining the European Community, it can also become part of Changxing Group's industrial production base, at least in the next decade or so.

Therefore, the frequency of coming here naturally needs to be increased. Anyway, it only takes a few hours for a private plane to fly from the United States to the United Kingdom. If you calculate the time well and take a nap on the plane at night, it will be dawn when you arrive in London.

This is also the biggest significance of buying a private jet. Although it is costly, it can save a lot of time and energy, especially in the future, when you reach the age when you need to maintain your health, you cannot be too tired or stay up late.

After arriving in the UK, Yang Wendong first listened to the plans of the people in charge here for building various factories. Several factories chose to be built around the two major cities of London and Birmingham. This was also the result of full consideration of transportation, local industrial chain, and ZZ factors.

"Since you all have no problems, just follow this plan." Yang Wendong didn't ask too many questions after reading the plan and the reasons.

After all, the UK is a developed country with high labor costs and high prices, so even if it is a large investment, it is still much smaller than investments in Hong Kong, Singapore, Malaysia and other countries. It is estimated that it can directly create 5000 jobs in total.

However, for the UK, this is already a very good large-scale overseas investment project, and these factories have almost no pollution and are located near the city.

Chen Zhiming, the head of Changxing Group in the UK, said: "Okay, Mr. Yang, I will also re-draft the documents for the subsequent time plan and supplier selection, and send them to Hong Kong for your review in the future."

"Okay, let's submit it to the headquarters office for review first." Yang Wendong nodded. For some substantial investments, he basically handed them over to the headquarters office to check the details. He would not get involved in such trivial matters and he himself would not understand them very well. How could the boss understand so many details?

Chen Zhiming replied: "Okay."

Yang Wendong added: "In addition, since we have invested in the UK, we should pay attention to good character and employee history when recruiting, and avoid those who often like to make trouble. The trade unions here are not easy to deal with, and Changxing Industrial has experienced it before;
Although it is impossible to completely eliminate it, it is better to avoid it a little, or to reduce it a little, and not to give the Conservative Party's opponents any opportunities. We must pay attention to this aspect. "Many years ago, Changxing Industry produced some products with particularly high transportation costs in the UK, which was also for the European market, so it came to the UK to build a factory;

The union issue was actually considered at the time, but no matter how careful one was, the follow-up was still affected by related issues. Many reasons for causing trouble made Yang Wendong speechless in Hong Kong. Later, he was too lazy to ask about it and spent money to find professionals to deal with it.

Now that the scale of investment is larger, it is natural to be more cautious;

This is also one of the reasons why Yang Wendong supported Thatcher. In addition to the advantage of the prophet's golden finger, Thatcher was tough on trade unions and stood on the side of the state and capital. This must be of great benefit to Changxing Group, which had been preparing to develop industry and even the service industry in the UK for some time.

Chen Zhiming agreed, "Understood, Mr. Yang, I am also arranging a professional company to conduct background checks on the employees. For me, this aspect is more important than ability."

Ability is important, but not that important. In fact, in most factories, more than 98% of the jobs can be done by basically anyone after two months of training, unless they are born with an IQ problem.

There are only a few R&D and management positions, and these people are truly talented. However, people at this level generally do not participate in ordinary unions. They will stand on the side of the company or not interfere with the actions of both sides. After all, no matter where they are, these people have a high income, and they do not need to rely on making trouble to get by, which will only affect their own future.

"Okay, that's it." Yang Wendong nodded and asked, "The time we agreed to meet with Standard Chartered is coming soon, let's go together."

When he was in the UK before, Yang Wendong also reached a cooperation with Standard Chartered to finance the construction of the Four Seasons Hotel in London. However, although this investment cooperation was large, it was not very important.
Another cooperation with Standard Chartered is to entrust it to find medium-sized electrical appliance manufacturers in the UK or Europe. Honor Electronics needs to acquire such companies to better enter the European market. After all, the United States is investing in Best Buy, but Europe does not. For a long time, the traditional model of channels will still have to be used. Therefore, it is very important to acquire a company that already has channels, which may also help Honor Electronics in terms of technology.

After arriving at Standard Chartered Bank, Yang Wendong first checked the progress of the cooperation with the Four Seasons Hotel with the senior management of Standard Chartered Bank. He just took a look at this aspect.
Because the investment in the UK involves a large amount of funds, the headquarters in Hong Kong also arranged some people in the UK to review various funds. Yang Wendong also specially arranged for people to bypass the headquarters and randomly entrust a third party to review some businesses. This is also to avoid problems in the headquarters office. After all, "people" themselves cannot be absolutely trusted, only the system can.

The funds involved in the Four Seasons Hotel amount to tens of millions of pounds, so naturally many of the cooperation contents are under investigation. Even in Hong Kong, Yang Wendong often receives relevant information, so he only needs to take a quick look at it now.

After the review, Daniel, an investment consultant from Standard Chartered Bank, took Yang Wendong and his team to Brighton, another city in the UK, about 90km from London, which takes just over an hour to drive.

The convoy soon entered the industrial zone. Daniel introduced, "Mr. Yang, the factory in front is the Pifco company. This company is also a well-known electrical appliance company in the UK. It is very suitable for your requirements."

"Why do you want to sell this company?" Yang Wendong asked.

The most important purpose of his visit to the UK this time was because Standard Chartered Bank had selected a potential target for him, which involved the future electrical appliance industry, and he also needed to come and take a look in person.

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(End of this chapter)