Chapter 739 Bi Ke took his place
Jiang Xiaoyang was also very happy.
"Except Sanjiu Medicine, Sanjiu Health Network, and Sanjiu Pharmaceutical chain store, all others have been cut down. Only pharmaceutical-related industries will remain."
Xu Liang nodded.
Removing the rotten meat and retaining only the most valuable core enterprises is indeed a good way to turn things around.
"How much is the total debt of Sanjiu Group?" Xu Liang asked.
"US$19.1 billion, including US$9.8 billion in bank loans. According to the company's investigation and evaluation, by selling the remaining assets of Sanjiu Group, the debt of at least 9 billion Chinese dollars can be reduced.
In addition For the rest, we can negotiate with creditors to reduce the debt repayment pressure of Sanjiu Group through debt extension, debt-for-equity swaps, etc.
Finally, we can inject capital into Sanjiu to resume its normal operations and development. Improve debt solvency.
The entire project only requires about 2 billion Huaxia coins to be realized. ”
After Xu Liang pondered for a moment, he picked up the third document.
He made a rule: I am the only one in heaven and on earth.
Because of good performance, it was released one year early.
Sun Fengxian is also a capable person. After becoming the manager of Lenovo's enterprise department with the support of his adoptive father, he led his subordinates to establish 13 branches across the country in just two months to generate revenue for Lenovo. Tens of millions.
A smile on his face.
Boss Liu also took advantage of the opportunity to accept this good boy whom he was optimistic about.
Who is Boss Liu?
The fledgling Sun Fengxian was still a little green in front of him.
In 1994, a small real estate company called "Shunchi" was established in Tianjin.
Sun Feng, who suffered a big loss, washed away his brilliance and began to truly shine.
There is no need to go into details about what happened after 19 years.
Is Boss Sun the good boss of Jin Province and the shopping mall that everyone thinks he is?
While investing in LeTV, Boss Sun also spent 43.844 billion yuan to acquire 91% of the equity in 13 cultural tourism projects under Wanda Commercial.
But Sun Fengxian, who was in great power, became more active.
Sun Fengxian likes to mention the song he sang in tears after five years behind bars.
Sun Hongbin was moved and bowed her head.
Two years later, the epidemic hit, real estate prices plummeted, and Boss Sun was trapped.
When the baby-faced Sun Hongbin graduated from Wudaokou College and joined Lenovo, Boss Liu’s titanium alloy dog eyes immediately fell in love with this handsome young man from Jin Province.
A scheming old comprador, a villain led by capitalism, a real man who poops in the latrine with his face facing outward.
Boss Liu is very proud of his vision, so he always supports him.
At the signing ceremony, Boss Sun smiled brightly.
A battle for class and power ended in Boss Liu’s victory.
The younger brothers shouted ‘Long live the Lord’.
In just one year, Sun Fengxian went from an ordinary employee who just joined the company to the general person in charge of Lenovo's domestic business.
But Boss Sun’s generosity goes beyond these two items.
I think he is very down-to-earth in his work, willing to work hard, and dare to do whatever it takes to achieve a goal. He has the spirit of the people of Jin Province who "will not give up until the Yellow River is reached".
By 2002, Sunchi had developed a total of 30 projects in Tianjin, with a construction area of millions of square meters, accounting for 20% of the development volume of Tianjin’s real estate market.
"Indeed, there are quite a few. Shanghai Industrial Group, Fosun Group, Deutsche Bank, China Resources Group and New World Group are all interested. They are also the most powerful competitors." Jiang Xiaoyang said.
Boss Liu has the most say on this point.
In order to give Sun Fengxian a little shock in his life, I also slapped the disobedient younger brothers.
"Bin Piaoling has not met his master for half his life. If he never abandons him, he is willing to be his adoptive father."
With his own abilities, Shunchi grew stronger little by little.
"Shunchi, I have been following it for a long time."
Then Boss Jia became a fun person who said, "I am in North America and will return to China next week."
In 2019, when Boss Lu of Oceanwide Group fell into the dust, Boss Sun waved 15 billion Huaxia coins to acquire Oceanwide’s Beijing real estate project and the Dongjiadu land parcel in the magical city.
Not to mention a godson, this is what a biological son is.
Ordinary people know Sun Hongbin mostly because of his unrepentant dedication to Boss Jia, burning 16 billion Huaxia coins in the process of suffocating his dreams.
"Lao Wang is the outstanding entrepreneur I respect most."
While Boss Liu was going to Xiangjiang to develop business, he began to establish his Sun authority.
“I have always been optimistic about Lao Jia. Lao Jia is a good man, forward-looking, and a very rare entrepreneur with entrepreneurial spirit.”
"Sanjiu Group has outstanding advantages and difficulties. Apart from us, there should be other institutions that are also interested?"
It can be said that it is the first brother in Tianjin.
Having his own territory, Sun Fengxian joined the Zhongcheng Real Estate Network initiated by Mr. Wang of Vanke.
This is a loose alliance formed in 1999 by mainstream developers in cities across the country.
The purpose is to ‘form a benefit platform for collective procurement, information sharing, and mutual financing’.
Although none of these goals were realized, it eventually became a debate among real estate tycoons.
Whoever has a greater say here will have greater status in the world.
As the founder of the Zhongchengfang Network, Lao Wang is the undoubted leader of the martial arts alliance.
Sun Fengxian looked at him, returning to his old ways.
Chanting.
He can replace it.
That’s what he thought, and that’s what he did.
In addition to verbal provocation, Sunco is also running a crazy horse race across the country. In just one year, more than ten pieces of land were acquired across the country, with a construction area of over 10 million square meters, of which 4 million were occupied in the Yangtze River Delta region.
Shunchi has also grown from a local company with a few hundred employees to a national real estate company with over 10,000 employees.
By 2004, Sunco's sales reached 9.2 billion Chinese dollars.
What is this concept?
Industry leader Vanke and industry giant R&F have combined sales of over 10 billion.
So Sun Fengxian did realize his dream - to be the boss.
But such extreme development comes at a price.
In order to quickly acquire land and avoid the gray area of the industry, Sunco had to quickly acquire land through high-priced auctions, which increased costs.
In order to quickly gain cash flow and avoid a break in the capital chain, Sunco has shortened the opening cycle that generally takes one or two years to an incredible six months.
Relying on extreme capital operation, Sun Fengxian led sparks and lightning all the way and became the first in the industry.
It’s a pity that the weather never takes off.
In order to curb the overheating of real estate, the government issued seven gold medals in a row in 2004 to curb real estate loans.
Sunco has a tight capital chain.
Crack.
Broken.
As for Sunac, that happened after Sun Fengxian sold Sunchi.
Looking at Xu Liang’s meaningful smile, Jiang Xiaoyang understood.
"Do you want to acquire Sunco?"
Xu Liang nodded.
Sunchi's business overlaps with Fuhua Real Estate, so it is easier to integrate.
"What about Tieben and Sanjiu?"
"Xiaoyang, do you know why I want to change Hongmeng's corporate structure and delegate management rights?" Xu Liang asked instead .
“Because of Hongmeng’s localization strategy.”
“This is just one of the reasons. The fundamental reason is that the company has grown too big and it is difficult to implement refined management. After all, people’s energy is limited. There are too many eggs and I can’t manage them.”
Looking at Jiang Xiaoyang who was deep in thought, Xu Liang continued with a smile.
“At our current position, we have capital and information advantages that far exceed those of ordinary entrepreneurs. Looking at the past, there are opportunities to make money everywhere.
Some people can endure it; People who can't help it, such as Delong and Sanjiu Group
Hold every business in your hands.
Although huge total assets were obtained, it did not generate the expected huge profits.
It is even more difficult to integrate.
In the end, as competition became more intense, it had to go bankrupt.
Speaking of this, I really admire Li Jingwei, the founder of Jianlibao. When Jianlibao was at its peak, he always stuck to the beverage industry and did not expand blindly.
If the competition for property rights were not so fierce, he would definitely be a successful entrepreneur.
Although Hanhua looks like blooming flowers now, we ourselves cannot be blind.
Especially the investment banking business to be developed next will involve a lot of our energy. At this time, it is not easy to explore new areas.
Moreover, the wine industry, department stores, real estate and new energy are enough for us to develop.
I am even thinking about selling one and reducing the scope of business? ”
"Reduce?"
Xu Liang nodded and said: "Whether it is Kelong Supermarket or Huaxia Liquor Group, I always position them as world-class giants.
So they are the best in the country. This is just the first step in a long journey. Entering the world business world is the next step for them.
In the meantime, we have to invest a lot of capital in mergers and acquisitions.
So don't look at it. We have accumulated a lot of capital now, but once we start cross-border mergers and acquisitions, I am afraid that this money may not be enough.”
After a pause, Xu Liang showed a smile on his face.
"Xiaoyang, you are now the COO of Hanhua. You are not only responsible for developing Hanhua's financial business globally, but also responsible for the global development strategies of Huaxia Liquor, Kelong, Nanfu and Fuhua. .
As for why I want to downsize, you can think about it yourself and let you be responsible for the management of the five giants: Goldman Sachs, Carrefour, Budweiser, Glencore, and New World. Do you think you can do it?"< br>
"I..."
Jiang Xiaoyang was speechless for a moment.
Although she is confident in herself, she is not arrogant.
Managing companies across five major industries, all of which are world-class giants, there are only a handful of companies in the world with such management capabilities.
"You can't do it, and I can't do it. Only people like Jack Welch, Akio Morita, Li Jiacheng, and Steve Jobs can do it."
"Also You!" Jiang Xiaoyang affirmed.
Xu Liang smiled and did not refute.
As an experienced 'old guy', he has a clear understanding of his abilities.
With the experience in the previous life and the accumulation in this life, his management ability is qualified for a corporate group with a revenue of tens of billions, but he is unable to manage an industry giant like Hongmeng with a revenue of over 100 billion.
So, he handed over the daily management authority early and was only responsible for the strategic planning that he was good at.
“It seems that I can only regret giving up on Tieben and the Sanjiu Group. It’s a shame that I investigated so much information in order to convince you.”
“The process of investigation is also a process of enriching myself. It’s nothing. loss.
Moreover, these survey materials can also be put on the Snowball website to enrich our material library, and even provided to third parties in need. ”
Jiang Xiaoyang nodded.
(End of this chapter)