Chapter 800 The team of the two women(1/2)
Chen Qing and her two women left Simon's office and rushed to Cersei Capital headquarters, also located in Building 1230, Rockefeller Center.
The floor where Apollo Management is located does not appear deserted because of Sunday, and there are still people coming and going between office areas.
Chen Qing knew that Apollo Management is recently promoting the acquisition of UCAR International, a graphite electrode manufacturer, involving more than US$1 billion.
UCar produces not graphite electrodes in batteries, but a peripheral product of the steel industry, used for heating the steel inside the electric furnace. Because this graphite electrode needs to be in contact with steel solutions with high temperatures of more than 2,000 degrees for a long time, it needs to be replaced frequently, which is a consumable in urgent need. Moreover, there are only two such manufacturers in the world, and the other is the German SGL Group.
In the past few years, due to the global economic downturn, the steel industry has entered a trough period, and the demand for graphite electrodes has also decreased significantly.
Apollo Management launched an acquisition of UCAR at this time, which is obviously optimistic about the prospects of the world economy.
Chen Qing felt that there is probably a Chinese factor in it.
China's rapid economic growth over the years is obvious to all, and because of its great emphasis on infrastructure construction, China's demand for steel continues to increase significantly.
When he returned to China two months ago, because of his special attention, Chen Qing discovered that Australia's Billiton Group invested in a large steel company in Jiangsu Province with a total of US$500 million in funds, technology and equipment, and obtained 30% of the shares, and will become the only iron ore raw material supplier of the large steel giant in the next 10 years. Not only that, Billiton Group also spent another US$200 million to expand and build the large seaport Lianyungang terminal in Jiangsu Province.
The total investment of US$700 million is equivalent to RMB 6 billion at the current exchange rate, which shows the Westeros system's optimism about the steel industry.
Apollo Management's acquisition of UCAR is obviously an extension of this optimism.
Chen Qing also found that many companies in the Westeros system seem to have nothing to do with each other, but in fact they have close connections. For example, Apollo Management Company, many projects invested in, such as fashion, real estate, technology, etc., can be regarded as relatively familiar strengths to the Westeros system.
On the other hand, it is probably because of the Westeros system's large investment in China. During the period when they returned to China, someone specially found them, hoping that the two women would tentatively invite Simon to visit China for a public visit. Obviously, as long as their boss agrees, the official invitation from China will be delivered immediately.
Unfortunately, some guy shouldn't be interested in this.
Back at her office inside Apollo Management, Chen Qing immediately called Leon Black. Her direct boss was Jared Barkley, who was in charge of China's business. However, Scooper was an American company. If you want to initiate an acquisition, it would be best to have a direct interview with Apollo Management CECO Leon Black.
On the other side of the phone, Black's secretary said that the boss was meeting guests and there would be time in an hour.
Chen Qing was not in a hurry, and made an appointment to sit in the office she shared with Lin Su and started reading information about the VCD industry and Scooper Company again.
When Chen Qing first joined Cersei Capital, she was full of awe for the Wall Street giant.
Even though she was very confident on the surface, she was actually just giving herself courage. She was just an English graduate from China. Her understanding of Wall Street was limited to books and a small amount of hearsays, so she was still very nervous inside, worried that she would mess up.
However, after half a year of familiarity, Chen Qing gradually felt relieved.
Chen Qing was right first of all, Wall Street is indeed a place where competition is very cruel, and it gathers a large number of top smart people from all over the world, and the circle is full of intrigue and prey on the weak. Therefore, as long as you don’t work hard, you may be left out in a blink of an eye. This can be seen from the fact that the company headquarters is still crowded today on Sunday.
Of course you can rest as required, but maybe you will no longer be here when you come back on a weekday.
Secondly, Chen Qing made another mistake. Wall Street does not have to be graduates of majors in economics and finance.
The threshold for this circle is actually very low.
Many Wall Street tycoons who shine in this circle, only few people studied economy and finance during college, like Lawrence Fink of Black Rock Asset Management. The other party studied political science at USC, Apollo Management, Leon Black, who received a philosophy degree from Princeton University, and Chen Qing recently finished reading the author of "The Liar's Poker Cards" which revealed the inside story of Wall Street. The other party's university major is art history. However, this guy was very successful at Solomon Brothers, who was in his heyday. After resigning, he became a best-selling writer for financial debt.
Chen Qing asked this question to some people. She felt that what her immediate boss Jared Barkley said at an internal party in the company last Christmas is very reasonable. This circle requires smart minds and hard work, and professional knowledge is second-hand, because as long as you are smart and hard-working enough, you can learn while doing it.
After understanding this, Chen Qing no longer had the anxiety she used to be.
She is not short of smart and diligent. She can remember new knowledge even if she cannot remember it every time, she can remember it carefully two or three times. She is confident that she can surpass most people in diligence. Even if someone else didn't tell her but she realized the connections she had learned by herself, just Simon Westeros, she felt that it was enough to beat everyone in the current building.
When it was agreed, Chen Qing stood up on time and left the office with a stack of information. Lin Su, behind the desk next to her, paused and did not follow her.
In any case, she does not have the strong ambitions of Chen Qing in her bones.
I was a little distracted just now.
Imagine whether a guy will continue to abstinence tonight.
This is the best.
When they came to Leon Black's office, neither of them was idle. They handed over some of the prepared information to each other. Chen Qing probably stated the project and the results of the meeting with Simon.
In 1994, China's VCD shipments were less than 20,000 units.
However, in January this year, with the widespread dissemination of VCD technology, according to the approximate data obtained by Chen Qing during her time in China, this number has exceeded 30,000 units, and it is expected to reach more than 500,000 units in 1995.
Moreover, through professional market research, both Chen Qing and BBK's team believe that this is just the beginning.
Taking the relatively popular video recorders at this stage as an example, as of 1994, the number of video recorders in China was about 7 million, which is the best reference.
The price of video recorders in China is at least about 3,000 yuan, while the more expensive brands are often tens of thousands of yuan. This is not the most important thing. The key is video tapes. The general price of video tapes from 20 to 40 yuan, and the price of pirated products is not affordable to ordinary families. Therefore, many people buy video recorders more to open video halls to do business.
Even so, the number of video recorders in China has reached as many as 7 million.
Let’s look at vcd again. Although the price of vcd in China is still as high as more than 4,000 yuan at this stage, as long as market demand increases and mass production increases, the prices of various core components will definitely drop rapidly. It is not impossible to eventually achieve vcd at 2,000 yuan.
The cheapest one is the vcd disc.
Compared to the price of videotapes of 20 to 40 yuan, the retail price of vcd discs is only less than 10 yuan.
Of course, this refers to pirated version.
Everyone actually knows that this is the current situation in China. At present, ordinary Chinese people cannot afford the expensive prices of genuine audio and video resources. The rise of VCD will inevitably rely on the cheap pirated content industry chain.
Chen Qing mentioned this in her information to Simon, and she did not hear any objection to her boss who has a huge industry in Hollywood.
Obviously it's the default.
Compared with the absolute advantage of video recorders, coupled with the rapid increase in national consumption levels by China's economic growth, Chen Qing believes that the popularity of vcd in China is an unstoppable and inevitable trend, and the market capacity will definitely be higher than that of video recorders.
It's almost noon.
While listening to Chen Qing's introduction, Leon Black spent about 15 minutes to quickly browse the relevant information and looked up at Chen Qing: "Chen, I'm very busy recently, but I don't have time to help you take care of this case. What are you going to do?"
Chen Qing directly handed the A4 paper with several names written on a page to Leon Black: "I know, Leon, I have done a lot of work in the early stages. You just need to give me these people and form an acquisition team."
Leon Black picked up the page of a4 and glanced at it: "Christopher Dorey, I want to promote him as one of my assistants during this period, as well as Emmanuel Brandt, the aggressive French girl on Thomas's team, tsk, the kick he kicked Chris at the last weekend party, almost made a big splash, and Nick Mendelson, Lloyd McCentel, and Cara Hills."
Speaking of this, Leon Black shook his head: "Chen, Simon's arrangement for you is Jared's deputy. I have agreed to the two assistants you and Lin hired. Now, what are you planning to do alone?"
Chen Qing acted as a well-behaved girl when asking her parents for pocket money: "Lion, our company has more than 200 employees, and I only have five."
"But these five people you asked for, well, you should know."
Of course, Chen Qing knew that this was the result of her quietly observed and reviewed over the past few months. All five of them were under the age of 30. They were all rising stars with huge potential and rapid growth. If nothing unexpected happens, they will have great hope to become the core backbone of this company in the future. Chen Qing knew her strengths and weaknesses very well. She was smart and hardworking enough, but because she had a short time to enter this circle, she finally lacked enough experience and accumulation.
The five people on the list can just make up for her disadvantages in these aspects.
However, facing Leon Black at this time, Chen Qing certainly would not show it: "Lion, I think there are many outstanding people in our company, they are just five of them, and this is what Simon agreed to."
Leon Black immediately exposed it: "Simon agreed to you take charge of the acquisition, but he would not agree to you pull out these five people to form his own team."
Chen Qing immediately took out a delicate Nokia phone and shook it at Leon Black opposite the desk: "Or what if I call him now?"
When Leon Black saw Chen Qing making a move and pressing the buttons, he was really confused. His boss could really describe the women around him as indulging him.
Moreover, he didn't want to get into Simon because of a small matter. In the past six months since he joined Apollo Management, the oriental girl opposite was indeed outstanding enough. She was not the kind of vase that relied on Simon's favor and acted recklessly. Even he recognized the other party very much and believed that his boss also had some measurements.
This trivial matter disturbed Simon, and if the boss felt that he was deliberately making things difficult for Chen Qing to eliminate dissidents, it would be even more troublesome.
The case of Black Rock's acquisition of the State Street Bank's asset management department that was finalized a few days ago was on the surface a major expansion of Black Rock. Leon Black knew very well that this was actually a blow to Lawrence Fink.
In the end, I still compromised: "In this way, Chen, I will pick a few people for you. As for Chris' team, that French girl will be there."
Seeing that Leon Black's tone was loose, Chen Qing lowered her head and started pressing the button: "I think I'd better call Simon."
Leon Black paused, and saw Chen Qing keeping his fingertips, and finally said, "Okay, okay, but, I will only give you one day, and you can talk to them yourself. If these people are unwilling to join your team, you can't force them."
Chen Qing immediately put away her cell phone and smiled and looked up: "Document."
Leon Black was stunned and soon realized that the girl opposite must have had contact with the five people on the list. It might have been agreed upon. The small threshold he set in the end did not work at all. He smiled helplessly and said, "Okay, you've succeeded, I'll have a meal discussion right away."
Chen Qing immediately stood up and said, "I won't bother you, Leon, goodbye."
It was indeed agreed in advance. After leaving Leon Black's office, Chen Qing began to summon his own troops. The five people on the list arrived at the company today. They were all ambitious young people. They all knew who was standing behind Chen Qing and her two women. They also knew that as long as they cooperated with Chen Qing, it would be easy to attract the attention of the big boss. Therefore, after Chen Qing sent the invitation, she agreed without much hesitation.
In fact, through this period of social interaction, Chen Qing has more people to like, but she also knows that only such a mini team will not cause her own listing and the rebound of the company's boss.
Otherwise, even if it was Simon's fault, Leon Black might not agree, and perhaps Simon would not agree.
Moreover, this small team is actually not small.
In addition to the two girls Chen Qing and Lin Su and the five people who just joined, Chen Qing also hired two top students as their assistants during this period, one from MIT and the other from Princeton. Both have professional degrees related to economic and financial, which can make up for the lack of professional knowledge of the two girls.
In addition, the two female servants and two female guards equipped by Simon for them were four, and they have become assistants to the two women for several months. During the trip to China during the New Year, Chen Qing also specially brought the four women back to China.
After calculation, this is already a team of 13 people.
Many Wall Street financial giants may not have the same scale in the early days of their establishment.
Moreover, Chen Qing actually set up her own office in China, hiring a total of six people. The office is located in Shanghai and is responsible for communication between China and the United States. The salary of the six people is paid by two women privately. It is precisely because of this office that Lin Su did not donate all the advance salary when she went back last time.
Chen Qing also suggested that she would pay the office separately, and the annual salary of the two was converted into RMB. With the current salary level in China, it would be more than enough to support a team of 60 people in China, not to mention that there were only six people. Lin Su instinctively did not want Chen Qing to succeed, so she became the office of the two.
We had a lunch dinner and introduced each other. The team started to make final preparations for the acquisition of Scooper in the afternoon.
Until the evening, I still didn't forget the man's advice. The two girls were about to get off work on time and return to their residence in the Shangxi District to prepare, but suddenly they received a call from a girl and the dinner was temporarily cancelled.
I didn't know the reason and felt a little regretful and lost, so I decided to work overtime.
On the other hand, Simon received a call from Grace when she was about to get off work. The woman asked if he had time to have dinner together, and said that he could stay outside until nine o'clock in the evening. She felt the cautious expectation in the woman's tone, and Simon couldn't have any thoughts of rejection.
I made an appointment to have a meal in the apartment on Fifth Avenue.
When Simon came home from get off work, Grace came here alone, and brought Bryce Levison with her. She roughly knew the woman's condition. After the last incident, the Levison couple was basically separated. Francis Levison stayed in Miami to handle company affairs. Bryce Levison lived in New York for a long time in the name of taking care of her son's studies.
Bryce followed Grace into the door, looking confident and said that his excuse was not used in vain.
I probably understand what's going on.
To be continued...