Chapter 292 Synergy Effect
After a pause, leaving the two of them some time to digest, Xu Liang said sincerely.
“You two, I admit that both Doctor Glasses and Guangming Glasses are very promising, but there are so many glasses companies in the country and the competition is becoming increasingly fierce. You are confident that your company can survive for ten or twenty years, and you have never been able to do so. Bankruptcy? "
Chen Huatao and Wang Haipeng's expressions changed. Although they were unwilling to admit it, they did not have confidence.
“You don’t have it, and I don’t have it either. That’s why we have to take advantage of the fact that the market is still good and the industry competition is not so fierce, we should hurry up to merge and go public to realize cash.
After getting the cash, you can invest in real estate, treasury bonds and other lower-risk areas to protect your entrepreneurial achievements. In the future, if the glasses company develops better, the equity left by you can further increase in value.
This is a reasonable way for a wealthy family to protect family wealth and inherit property. "Xu Liang said.
Looking at the two people who were silent.
Xu Liang decided to add some weight.
Take the information prepared in advance and put it aside. , one serving for each person.
"You two can take a look. This is our Hanhua Capital's investment revenue last year. If you are not familiar with investment and don't have confidence, you can give us some of your assets to help manage it."
Information The high rate of return on the fund made them excited, and the names and institutions of prominent investors behind each fund made them even more frightened.
"Mr. Xu, what is the investment standard of Hanhua Capital?" Wang Haipeng asked.
During this period, he also collected some information about Hanhua and gained a certain understanding of private equity.
Know that there are certain thresholds for private equity financing.
"The starting investment is US$1 million." Xu Liang said with a smile.
"Hiss..."
Wang Haipeng and Chen Huatao took a deep breath, this was too much.
“You two think it’s a lot now, but when the company is merged and listed, you will find that US$1 million is actually not much.” Xu Liang said with a smile.
"Mr. Xu, after the merger and listing, can the money still grow out of thin air?" Chen Huatao said with a smile.
"Of course. There is a term in corporate mergers and acquisitions called 'synergy of mergers and acquisitions'.
It is divided into operating synergy and financial synergy.
Operating synergy is further divided into 'economies of scale' and 'Economies of scope'.
In terms of economies of scale, for example, after the merger of the two companies, our cost of purchasing lenses will decrease, and equipment depreciation and other fixed costs will decrease by a certain proportion.
In terms of economies of scope, if the two parties merge, management costs such as accounting and human resources will decrease as personnel are streamlined
In addition, there is an improvement in goodwill.
So, Mr. Chen can rest assured that the merger of the two companies will only increase your wealth, not reduce it. "
After thinking for a moment, Chen Huatao smiled and said, "I didn't expect Mr. Xu to be so knowledgeable. No wonder he could achieve such an amazing career at such a young age. "
"Excellent. "Xu Liang smiled and said, "I wonder if you two have made a decision? "
Wang Haipeng affirmed: "Mr. Xu, I agree to the merger, but how should the two companies be managed after the merger? ”
"Haha, this is also the question I want to ask." Chen Huatao smiled.
Xu Liang continued: "According to our investigation, both of them have many relatives in their respective companies. But family businesses that rely on nepotism are destined to not go far, so we need to eliminate them all.< br>
I wonder which of the two can do it in a just and righteous way?"
After Wang Haipeng hesitated for a moment, his expression became firm.
“I can do it.”
"I can do it too." Chen Huatao is not far behind.
"Two of you, it's easy to say but hard to do. Next, we at Hanhua will supervise the next operations of the two of you and evaluate which of you is more suitable to manage the company.
And you only have Three months later, the two companies will officially begin to merge. After the integration is completed, they will be listed in August or September.
So, our time is very tight, and we hope that you can fulfill your respective obligations as soon as possible. Promise.”
Xu Liang waved.
Lu Hui came over and took out two contracts and placed them in front of them.
"Take a look, you two. If there is no doubt, just sign." Xu Liang said.
The two quickly picked it up and took a serious look.
The content is no different from what they discussed before, and the rights and obligations of both parties are stipulated in detail.
The two hesitated for a moment, then each signed their names on it.
Seeing this, Jiang Xiaoyang, who had been silent until now, couldn't help but breathe a sigh of relief.
The contract is made in two copies and each is saved.
Xu Liang stretched out his right hand towards the two of them.
"You two, I hope to be here to ring the bell with you in the second half of the year."
"We are also looking forward to it very much."
After watching Lu Hui send the two away, Jiang Xiaoyang couldn't help but said: "After talking for so long, we finally got them done."
As he said that, he couldn't help but look at Xu Liang.
"You are a very talkative guy. If I had known, I would have asked you to meet them earlier."
"Without the foundation you laid earlier, it would be difficult for me to persuade them. So the military medal is half yours and half mine."
As he spoke, Xu Liang stepped forward and hugged Jiang Xiaoyang's slim waist.
"Be careful, this is in the company."
Looking at her cute and angry look, Xu Liang couldn't help but lower his head and kiss her.
After a long time, Jiang Xiaoyang, who was almost out of breath, pushed the man in front of him away.
Arranging the scattered clothes on his body, he said angrily: "You guys know how to push your limits."
After Xu Liang glanced at the beauty's towering plumpness, he smiled.
"We are already an old married couple, why are you so shy."
She glared at him fiercely, "Who is an old married couple like you, so shameless."
As he said that, he turned around and walked outside. . Looking at her beautiful back, Xu Liang smiled and said: "I will return to the capital tomorrow, do you want to come with me?"
Jiang Xiaoyang turned around in surprise, "You just came to Xiangjiang and you are leaving. ?”
"I'm afraid that if I stay here any longer, I won't be able to keep my ears clean."
Jiang Xiaoyang was heartbroken.
When Hanhua Capital announced its results, she witnessed the pile-up of invitations after the fund-raising reception at the Peninsula Hotel.
I know very well Xu Liang’s status in the hearts of the wealthy families in Xiangjiang and Tai O.
If the other party knew that Xu Liang was in Xiangjiang, they would definitely come over and invite him.
And this guy doesn't like socializing, so of course he has to run away in time.
"You go back first. I am still busy integrating the hedge fund businesses of Hanhua and Hongyan."
"Okay."
Jiang Xiaoyang leaves Not long after, Lu Hui knocked on the door and walked in.
"Mr. Xu, I just received a fax from Google. They rejected your acquisition plan."
"Without news for so long, I thought there would be some hope."
After sighing, Xu Liang completely gave up on this unrealistic fantasy.
"I understand, go ahead and do your work."
"Yes."
Just when Lu Hui was going out.
"Wait."
"Mr. Xu, do you have anything else to explain?" Lu Hui said.
“Forget it. You go ahead.”
I originally wanted Lu Hui to send a fax to Hongmeng’s major subsidiaries to tell them to be careful about Google’s expansion, but she stopped talking. return.
He has already reminded me before that if he should be reminded, if he always explains, it will affect the development of each subsidiary.
And now Google is far from developing to the point where Hongmeng is facing a formidable enemy.
Even in the international market, Bing search has an advantage.
——
Xu Liang flew back to the capital the next day.
Jiang Xiaoyang has already contacted him at the airport, and his Golden Eagle can park at the Beijing Airport in the future.
On the second day after returning to the capital, Xu Liang took Lu Hui to the capital city government again after a brief rest. The development of the Hongmeng headquarters and surrounding land could no longer be delayed.
When Xu Liang came to this familiar room again, he felt a little less reserved.
“Jiang Shuji, I wish you a good year in advance.”
Xu Liang said with a smile.
"Mr. Xu, it's really not easy to see you now." Jiang Weiguo said.
"You're trying to kill me. As soon as I heard Xiaoyang said you wanted to see me, I immediately flew back from the United States without any delay."
Jiang Weiguo smiled and didn't care about it. Say more.
“Sit down.”
After agreeing, Xu Liang sat down on the sofa in the reception area next to him.
Looking at the young man sitting neatly opposite, Jiang Weiguo couldn't help but feel a little emotional.
How long has it been since we last met?
The other party then came up with another Hanhua Capital, which was no worse than Hongmeng Company, based on the information he got from his daughter.
The assets currently controlled by Hanhua Capital have exceeded US$3 billion.
And it has a certain influence in the global hedge fund field.
What’s even more exaggerated is that this guy has only started his business for two years and is only 19 years old now.
This amazing ability to make money is so shocking.
Looking at Jiang Weiguo, who was staring straight at him across the way, Xu Liangliang felt a little uncomfortable.
The reason is also very simple.
What a scumbag.
"Jiang Shuji, our Hongmeng Company has a new idea regarding the World Style Park land."
"You want to expand the land?"
Xu Liang nodded, not surprised by Jiang Weiguo's words.
During this period, Hongmeng has been conducting thorough inspections around the World Customs Park. The cooperation of the Fengtai government is indispensable, and the news will naturally reach Jiang Weiguo's ears.
“How big do you want it to be?”
Xu Liang handed over the information he had prepared in advance.
"This is the development plan we have prepared."
Jiang Weiguo took it and opened it, frowned and then relaxed quickly.
Time passed little by little, and Jiang Weiguo put down the information a quarter of an hour later.
“3219 acres, don’t you think your appetite is too much?”
“One acre of land is 600,000 Chinese coins, and the land purchase cost is 1.93 billion Chinese coins, which is approximately equivalent to 233 million US dollars. The 'Xuanwu Real Estate Investment Fund' raised by Hanhua has so far raised US$380 million, which is enough to support the development of the entire land
If all US$500 million is raised, the remaining money will be enough for the first phase of development.
What’s more, Hongmeng Company and my personal Hongyan Fund will also participate, so the financial pressure will be even less.
In addition, you also know that the current real estate market has been developing. In the future, real estate values will appreciate and fund investment will make money. We can also take advantage of the trend to start the second phase of fundraising.
Therefore, there is no shortage of capital support for the development of the entire site.
The key is that we need the government to cooperate with us to complete the relocation project of the existing land. ”
(End of this chapter)