Chapter 916: Chapter 916: New Century Group
Wang Tiandao looked at Li Feng.
"Hmph, New Century Group, I think your New Century Group is just a broken shell. Even if you transfer everything to Jin’er, what good will it do?"
Li Feng curled his lips.
"The scale of New Century Group will not lose to the fallen Century Group, nor will it be weaker than the current Wang Group."
"I can guarantee that."
Li Feng looked at Wang Tiandao with proud eyes.
"You’re simply bragging shamelessly. You guarantee it? What do you have to guarantee it with?"
Wang Tiandao snorted coldly, "You don’t even draft your boasting. Do you really think the top ten groups in Sea City are just casually formed? Each of the top ten groups in Sea City has taken thirty to forty years of development to reach today’s scale."
"Do you think you can just throw some money and start a company to challenge us?"
"Bah, you must have been kicked by a donkey or pinched by a door."
"You can actually say such things."
If it were that easy to start a company, everyone would just spend money.
In the business world, there’s actually a pyramid. The bigger the company, the fewer they are, because every industry has a limit, with limited resources, and each company is fighting for them.
Nowadays, in almost every major industry, there are very few undeveloped blue oceans left; most are already red ocean industries with fixed interest layers.
Ultimately, business is a food chain where big fish eat small fish, and small fish eat shrimp.
If you want to enter an industry, it’s not as simple as throwing money to become the industry leader. It involves chance, resources, connections, management, and many other aspects, including time.
Wang Tiandao has been in charge of the Wang Group for many years, deeply aware of the difficulties, and the Wang Family’s current status results from his struggles, so he wants his daughter to inherit it wholeheartedly.
Otherwise, he wouldn’t be willing to hand it over so easily.
Li Feng stood there being criticized but remained calm and composed.
"If father-in-law thinks I’m bluffing, then let’s get serious."
The bodyguard opened the case and held it in his hand.
"New Century Group currently owns fixed assets, the Sea City Century Group headquarters building, valued at over ten billion."
"The group account currently has a registered capital of about fifty billion, not a penny less."
"After its establishment, the group will have four major sectors. The first sector, centered around Century Heavy Industry, Century Steel, and Century Shipbuilding, focusing on heavy industry companies."
"The second sector, centered on mining, Century Mining."
"The third sector, focusing on transportation and logistics, Century Transport."
"The fourth sector, centered on defense and security, Century Defense."
As Wang Tiandao listened to Li Feng’s introduction, he scoffed disdainfully.
"What you are saying might sound impressive, but bluffing an outsider is one thing. The four major sectors you just mentioned, the first sector is heavy industry companies."
"Ha, in today’s society, heavy industry has long been struggling, and your main companies were unsellable leftovers from your previous dismantling and packaging of Century Group, right?"
"These companies seem to have always been operating at a loss, and they were only sustained by Century Group’s previous subsidies annually. They’re just money losers, and heavy industry is famously high in investment and low in output."
"As for mining, ha, you think you can get involved in Yan Country’s mining sector? Even if you have the ability to grab food from a tiger’s mouth, how big a piece can you snatch?"
Wang Tiandao chuckled coldly. Mining is also heavy asset, with high investment and greatly affected by the larger environment. Key point being, there are too many local players.
The Wang Family’s Divine Tree Group is also in the coal mining industry, so he knows the difficulty of developing in mining.
Mining is profitable, but you also need the capability to mine.
"As for transportation logistics, ha, it’s already been divided by the five major logistics companies: Tong, Da, Yan, Shun, and Feng. You, a newcomer, also want a piece of the pie? Not to mention if you can do it, how much money are you willing to spend in this sector?"
"You need to know that building a complete logistics park investment runs in the billions, not to mention nationwide radiation, can you achieve it within three to five years?"
"And these years, do you think the opposition will just watch you enter the field and stir things up?"
"As for the last one, defense, which is essentially a security company, even if business booms, can it earn a billion a year?"
Once Wang Tiandao began criticizing, he tore Li Feng’s proposed four major group sectors apart.
"With all these, no matter how much money you throw in, it’s a bottomless pit. Do you want my daughter to join you to fill those holes?"
"Do you think my daughter is easily fooled, or do you think I’m stupid?"
Li Feng didn’t answer, he directly looked at a bodyguard who immediately lifted a briefcase, opening it and holding it out.
"Father-in-law, are your sights only set on this small plot of land?"
"Century Heavy Industry, Century Steel, and Century Shipyard are indeed remnants of Century Group and were indeed unwanted, but being unwanted doesn’t mean they have no value."
Li Feng finished speaking and took out a document from the box.
"These are mining permits from Lijia State and South America. As for the mining value, the annual average is over three hundred billion Federation Coins; if more aggressive, five hundred billion Federation Coins is not a big problem."
"Regarding the minerals’ info, father-in-law can investigate a bit if interested, as these will fall under Century Mining’s operation scope. Currently, Century Mining has already purchased equipment from Yan Country to be shipped locally for construction."
"Oh, by the way, the main person in charge of Century Mining is Zhu Jun; I believe you know him, and the end customers for these mined ores, besides supplying ourselves, have already been found, with the state as backing."
The previous statements weren’t key, but the key point is having the state as backing.
Wang Tiandao paused briefly, thinking, Zhu Jun, could it be that young one from the Zhu Family in Jin City?
"Now about the first sector, who says heavy industry is a burden? Saying it’s a burden is only because one’s strength isn’t strong enough."
"Regarding Century Transport, in the future Century Transport will establish a global transportation system. As for how to do it, it’s not appropriate to say much, but we have currently selected locations for nine major operation centers, covering Lijia State, Central Island, South Asia, Southeast Continent, essentially following the Belt and Road line."
"To elaborate again on the first sector, Century Steel will digest our minerals, Century Heavy Industry and Century Shipyard will process this steel."
"This forms a cycle, of course, including the disdainfully looked upon defense company. Hey, this company is actually the core of New Century Group, ensuring the backing of Century Mining and Century Transport companies, and a tool for expanding markets."
"This box holds the current asset statement of New Century Group, father-in-law, you can glance at it."
"After reading, it’s not too late to question whether Century Group can operate. Ha, that’s not even a problem at all."
Li Feng confidently and proudly looked at Wang Tiandao.
"Jin’er, let’s leave it for today. Father-in-law probably needs some time to digest. I’ll wait for you to come take your position as president of New Century."
Li Feng leaned forward and kissed Wang Jin’er on the cheek, "I’ll be waiting for you."
Wang Tiandao glared furiously, this rascal dared to kiss his daughter in front of him: "You rascal, do you think I’m invisible?"