Siheyuan starts from a better life

Chapter 1164 Valuation

"Jiang, this is our table for determining the value of the industrial assets of Russia. Take a look." Chubais handed Jiang Yan a thick folder.

Jiang Yan opened the folder and was so shocked when he read the beginning. He vaguely remembered that after the disintegration of the Russian bear on board in his previous life, an appraisal was made on all its industries. The appraisal was not high, but he did not expect it to be so low. Not to mention the price of cutting it in half, this was directly the price of cutting it to the bone. Can you believe that the country that was once the second most powerful country in the world, with a total economic volume of 80% of that of the United States at its peak, was actually valued at 12 billion US dollars.

This is simply outrageous and it's just opening the door to outrageousness. It's outrageous to the extreme.

This is also a typical case of selling one's land without feeling any pain!

You have to know that all the industrial assets of Russia, even if a part of them is distributed, there are still hundreds of thousands of factories and shops, and one-fifth of the world's total proven natural gas, and tens of billions of tons of oil reserves, but they are only worth 12 billion US dollars in total. This is not a bargain price. Jiang Yan doesn't know what price this is.

You have to know that the US GDP last year was more than 6.1 trillion US dollars, and their valuation is not even a fraction of that. If you take a company that ranks relatively high, its value is much higher than this. Could it be that years of development is not as good as that of a company? This is really true. Jiang Yan didn't know what adjective to use for a moment.

With the previous preparation, Jiang Yan could only suppress the waves of fear in his heart and continued to read on. This made Jiang Yan really want to curse. The first one was the Damao Natural Gas Industry Company, which was worth 2.28 million US dollars. It was also the most expensive of all the companies.

However, according to its normal market value, it is no problem for it to be valued at hundreds of billions of US dollars. The Mao Natural Gas Industry Company owns all the natural gas ownership in Mao and is the largest state-owned enterprise in Mao.

He just said that Russia has one fifth of the world's natural gas. One fifth of the world's natural gas reserves is about 2.28 trillion cubic meters, but it only costs million US dollars. According to this calculation, one US dollar can buy cubic meters of natural gas.

Crazy, really crazy.

Jiang Yan spoke softly in Chinese. The two people next to him couldn't understand him and didn't know what Jiang Yan was muttering.

Next is the famous truck and car manufacturer GIL, which has 10 workers. The price of GIL's bonds is 0.5 million US dollars. It is an automobile company that is no less important than AvtoVAZ. It produces all kinds of cars in the entire Bear State and is also a giant in the industry. In its heyday, it once accounted for % of the entire Bear State's GDP. Now it is only more than million US dollars.

At this moment, Jiang Yan didn't know what to say.

The Volga Automobile Plant is the automobile factory that Arov has always been obsessed with. It is a super-large automobile factory that can produce 700,000 cars a year. The bond price is 27 million US dollars.

The largest biscuit factory in Russia, the Bolshevik Biscuit Company, cost $520,000.

These well-known factories and the prices behind them really made Jiang Yan speechless. Now Jiang Yan had an impulse in his heart. He really wanted to buy all these companies at once.

These 12 billion US dollars are nothing to Jiang Yan. According to his valuation, he can buy a lot of money with this money.

"Gaidar and Chubais, are you two crazy? What's the difference between this price and giving it away for free? If you are going to do this, you might as well not do it." After reading a few pages, Jiang Yan couldn't bear it any longer. He closed the information and looked at them and spoke coldly with a very hard tone.

Hearing Jiang Yan's words, Gaidar and Chubais looked at each other, smiled bitterly, and then said, "This price is indeed equivalent to giving it away for free. Take Volga Motors, which you are familiar with, for example. The average cost of producing a car is less than $100, while that of General Motors, which is similar to it, is more than $."

"That is to say, if the two companies produce the same amount of goods, General Motors is 100 times more than AvtoVAZ, and if we calculate it by the value of the company occupied by its workers, on average, the price is lower."

"Do you know why the price is still like this?" Jiang Yan asked.

"Our plan is that anyone who is a Russian can take out a small amount of money to buy such bonds," Chubais said with a wry smile.

"Jiang, these prices are not important. After all, they are all going to be distributed to everyone. Even if I set the total price at 120 trillion US dollars, it is nothing more than printing four more zeros on the private bonds issued to everyone. In fact, there is no difference."

"Money is not important to the Mao people now. The damn inflation and exchange rate depreciation have already devoured the savings of all Mao people. We just want them to live a better life."

Jiang Yan nodded heavily. He knew all of this. In fact, the Russians had become numb to the depreciation of the exchange rate. They were spending the salary they had just received this month anyway. So, what did it matter to them if there were a few more or less zeros on the payroll?
Hearing them say this, it’s not that they don’t consider the people, it’s just that they think too simply.

In fact, the recent inflation has also had a certain impact on the business of Hang Seng Bank, which is owned by Jiang Yan. If Hang Seng, owned by Jiang Yan, had not been increasing the interest on bank deposits, perhaps no one would deposit money in the bank. According to calculations by its professional staff, if the depreciation of the ruble and inflation are not curbed, it is expected that in another six months, no one will deposit money in Hang Seng Bank, and then Hang Seng Bank will only face bankruptcy.

This is also the reason why he agreed to the franchise banking policy. He needed to find another way out for his banks.

"Gaidar, Chubais, we all know that this is not your fault. The savings of the Russians have long been just numbers on paper. Their wealth was squandered in the Soviet arms race long ago."

After hearing what Jiang Yan said, Gaidar and Chubais couldn't help but look at Jiang Yan with gratitude. Finally someone spoke up for them.

(End of this chapter)