giants of the era

Chapter 160 Sino-Foreign Equity Joint Venture Law

Beverly Hills belongs to Los Angeles City Center, and the three companies of Flamingo, Galaxy Network, and Sun Computer Systems are located in Los Angeles, which is convenient for Li Zetian to manage. He visits the company every week to give guidance.

As for companies such as Roche Pharmaceuticals, Genentech, Microsoft, Intel, Oracle, Netflix, Panda Express, Star Wars Movies, Industrial Light & Magic, etc., they are all on the right track, and Li Zetian does not need much intervention.These companies that are on the right track have all brought him huge profits, especially Roche Pharmaceuticals. As a world-class pharmaceutical company, its annual net profit exceeds 10 billion US dollars. Will invest in it to solve human diseases and prolong life.After Qin Shihuang unified China, he longed for immortality.Although Li Zetian didn't have such unrealistic ideas, he also hoped that he could rely on advanced medical technology to prolong his life and live for a few more years.This is just human nature.

In 1977, Genentech synthesized a brain hormone - somatostatin, which made the academic and business circles look at Genentech with admiration. In 1978, it synthesized human insulin, and in 1979, it successfully cloned growth hormone.Biological genetic engineering has become the hottest topic nowadays. The three cutting-edge technologies of the 21st century are: genetic engineering, nanoscience, and artificial intelligence.Li Zetian spared no effort in investing in Genentech, recruiting more scientists with high salaries.

Holding the big thick legs of IBM, Microsoft and Intel started a rapid take-off mode, and both monopolized the 16-bit computer market, and with the expansion of the personal computer market, revenue will be higher and higher.

In addition, the Oracle database software of Oracle Corporation has sprung up suddenly and soon became one of the best-selling commercial software. The revenue in the first quarter and the second quarter of this year reached 700 million US dollars and 1400 million US dollars respectively. so big.

Netflix is ​​growing so fast that a Netflix rental store opens almost every day.However, the establishment cost of each store ranges from US$10 to US$50, and stores are basically leased. If they are bought, Netflix will expand too slowly due to funding problems.In 2004, Blockbuster, the video rental and sales giant in the previous life, had 6 employees and more than 9000 stores. Compared with it, the current Netflix is ​​simply nothing.Even if Netflix builds a rental store in one day, it will take more than 20 years to reach this scale.

Panda Express is still operating steadily, opening only one branch almost every month, and all of them are self-operated.Once Americans get used to Chinese fast food, they can expand rapidly.Up to now, Panda Express has 72 branches.

As for the Star Wars film company, the second "Star Wars" is currently being filmed, and it will be released in 1980. There is no doubt that this film will be a box office hit again, generating more than one billion dollars in revenue for the company.

In this life, George Lucas did not obtain the copyright of "Star Wars", and his income was greatly reduced. However, Industrial Light and Magic has always spent a lot of money on the research and development of special effects technology. There is no money, so George Lucas needs to post money.George Lucas didn't even have the money to make a movie, so how could he give the money to Industrial Light and Magic, so he chose to sell 50% of the shares in his hand to Li Zetian.Now, Li Zetian has wholly owned Industrial Light & Magic.Industrial Light & Magic owns a computer animation department with a total of 44 employees. This computer animation department is the predecessor of the famous Pixar animation studio!

This year, Li Zetian's money is a bit tight. Although he sold Apple and Sunbird, he bought Roche Pharmaceuticals, Genentech, Intel (processor), Industrial Light and Magic, and then established Flamingo, Galaxy Network, Sun Computer Systems, so deposits are less than $[-] million.

But at this time, Yu Jingshan approached him excitedly to discuss investing in China.

"Zetian, look at this piece of news: 'On July 1979, 7, mainland China promulgated and implemented the first law on the utilization of foreign capital—"Sino-Foreign Joint Venture Enterprise Law", which allows foreign capital to enter the mainland to establish Sino-foreign joint venture companies." !"

Li Zetian was also surprised. In this way, he can enter the Chinese mainland market!
The current mainland China seems to be a piece of virgin land that has not yet been cultivated, and the ground is full of gold!

"Dad, are you planning to let Panda Catering Group enter China?" Li Zetian asked.

"Yes, besides establishing a panda fast food restaurant, hotels and supermarkets are also under my consideration..." Yu Jingshan nodded, but as soon as he finished speaking, he suddenly thought of something and frowned again. After a while, Said: "It's just that I'm worried that mainland China's policies are changing day by day..."

Like other foreign businessmen, Yu Jingshan is eager to enter mainland China, but also worried about policy issues, so he is on the sidelines!

Li Zetian smiled very confidently and said: "With Mr. Deng in charge, I believe that China's politics will be very stable and the economy will develop rapidly. Now is the dawn of China's reform and opening up. Who can be the first to seize the mainland of China? The market, whoever can benefit the most! Dad, this opportunity cannot be missed! Even if you borrow money, you must invest in the Chinese market!"

"You mean, go to China to invest as soon as possible!"

"Yes, but," Li Zetian nodded, "I'm busy with my company in the United States, so I don't have time to go to China."

"It's okay, I'll just go." Yu Jingshan said with a wave of his hand.

"Dad, Quanjude Roast Duck is loved by heads of state, government officials, people from all walks of life and tourists at home and abroad. It is known as the 'No. Roast duck has been included in the recipes of Panda Express, and even introduced to the United States, so that Quanjude Roast Duck of Panda Express can compete with KFC Fried Chicken!"

Yu Jingshan's eyes lit up, he nodded and said, "Hehe, this is a good idea!!!"

Li Zetian doesn't know much about the environment in mainland China, but he knows the general trend. The spring breeze of reform and opening up is blowing across the land of China. China's economy will enter a stage of rapid development that will move the hearts of all countries in the world. It is hard to describe it as changing with each passing day. Pass.

At night, Li Zetian has been tossing and turning in bed, thinking about how to invest in mainland China in the future.

When he thinks that most of the industries under his name are high-tech, it is not suitable to enter mainland China now, which is really depressing!

"After the Flamingo home game console is developed, let's build an electronic foundry. The cost of Chinese workers is very low..."

At 8 o'clock the next morning, Yu Jingshan left, preparing to go to mainland China with great expectations.In fact, at this time, the concept of many Chinese people has not changed. They believe that foreign businessmen belong to the capitalist class and are here to corrupt China. Even He Duo officials also hold this concept.Therefore, the investment work may not be carried out smoothly.For example, the construction process of BJ Jianguo Hotel, the first Sino-foreign joint venture hotel in China, was full of twists and turns.At that time, someone proposed a Sino-foreign joint venture to build a tourist hotel to the General Administration of Tourism.Therefore, in such a simple report on whether to build a restaurant, 17 senior leaders gave instructions or circled.Leader Deng had a clear attitude, and Chen and Li also drew circles. In the end, the chairman of the Party Central Committee and Chairman Mao Zedong personally made the decision: "We have no experience in building a joint venture hotel, but we can give it a try. If it is successful, we can promote it. This one!" However, even so, the construction was not smooth, and people always came to make trouble, and the fence erected during the day was demolished at night.It wasn't until Leader Deng read the report and took a pen to criticize 11 words, "Don't make trouble even if it is reasonable, let alone unreasonable?" Only then did the disturbance this time stop.

Yu Jingshan is destined to suffer a bit, but whether it is a fast food restaurant or a hotel, the government must support it. Although the process is tortuous, the result is beautiful, and he can earn a lot of money!

Sure enough, not long after, Yu Jingshan called Li Zetian, saying that investment in the establishment of a Sino-foreign joint venture was hindered. Although the "Sino-Foreign Joint Venture Law" was used as a legal basis, the officials did not dare to make a decision, saying that they had to ask their superiors for instructions. , Then the superior leader wanted to ask the superior leader for instructions, but the result was not resolved after two weeks of asking for instructions.

Li Zetian comforted Yu Jingshan for a while and asked him to wait.

Li Zetian also encountered trouble at this time. IBM asked Intel to authorize the production of 8086 and 8088 microprocessors to AMD, and found a very bad excuse, saying that Intel's production capacity was insufficient. Intel's production capacity is insufficient, can't it expand its production capacity, and must it be authorized to other semiconductor companies for production?Obviously, IBM just doesn't want Intel to monopolize the microprocessor business, which is too difficult to control.Moreover, Intel Corporation competes with AMD Corporation, and IBM Corporation happens to benefit from it!

Therefore, Li Zetian rushed to Intel to attend a high-level meeting.

After coming to the company, he went straight to the meeting room.

Seeing Li Zetian push the door in, everyone stood up, nodded and bowed to say hello, Li Zetian also nodded to them, went straight to the first seat and sat down, then looked to the side of Intel CEO Andy Grove, beckoning him to speak .

Andy Grove said: "In the current situation, everyone knows that IBM has forced Intel to cooperate with AMD to make AMD the second supplier of 8086 and 8088 processors, lest Intel dominate. , Get rid of IBM's control. What do you think about this?"

Everyone was upset, and their faces were full of anger.

Still, no one made a suggestion.

This question is very difficult. If Intel wants to continue to embrace IBM, it must agree to this condition.

The atmosphere in the conference room was a little depressing. At this time, a young Chinese engineer said: "I think we have no choice but to agree to IBM's request, but we can ask for an increase in licensing fees as a Compensation. In addition, Intel’s 8086 and 8088 microprocessors are suspected of monopolizing the market, and may be subject to anti-monopoly investigations by the U.S. judicial department. Authorize them to AMD and train a younger brother, which will naturally solve the monopoly problem!”

Everyone is thoughtful.

Reminiscing about his previous life, Li Zetian felt that what he said was very reasonable. Although he was not angry, he had no choice. When Intel and Microsoft became stronger in the future, he could stop IBM.

"What Wei Xiuping said is very good. Do you have any other suggestions?" Li Zetian's expression was calm. Although he agreed with Wei Xiuping's proposal in his heart, he would be clear if he listened to it, and he would be dark when he believed it. As a business owner, he should give more advice. listen to opinions.It also makes others in the room feel valued.

However, everyone felt that Wei Xiuping's proposal was very good, and they all agreed with it.

Li Zetian then said, "Then follow what Wei Xiuping said, and agree to IBM's request!"

PS: dizzy, unable to write, I will make it up tomorrow.

(End of this chapter)