Chapter 768 Plot
In the elegantly decorated room, Zhao Guodong sat on the sofa with a gloomy expression.
"Dad, is there really nothing we can do?"
Zhao Zhijun nodded, "The chief minister personally gave the order, what do you think?"
"The man named Xu gave the order. What kind of ecstasy soup did Shoufu drink? How come Delong’s plate is so big that it’s all cheap?”
Zhao Guoliang was full of complaints next to him.
“The biggest reason why Xu Liang was able to eat up the entire Delong was that he promised to repay the Delong Group’s debt of 57 billion Chinese yuan.
Otherwise, with so many state-owned enterprises, Delong There is no way it will fall into his hands," Zhao Guodong said calmly.
What is required above is stability, and Xu Liang’s plan can ensure stability to the greatest extent.
"Brother, is the debt of 57 billion Chinese dollars a lot? Doesn't Delong have 120 billion in assets? Can't it be easily covered by just selling it?" Zhao Guoliang asked confused.
"Delong's 120 billion assets are considered related companies.
Zhao Guoliang lowered his voice, "Brother, are we really going to forget it like this? "
Jiang Xiaoyang laughed.
Zhao Guoliang said sarcastically.
From shorting Yahoo in 2000, shorting Enron and longing US military stocks in 2001, and then going long in 2003 Oil and soybeans; and consistently optimistic about the Internet industry
Success after success, winning numerous accolades.
Staying up there all the time is not conducive to your future career. I will help you run it after a while. Go work down below for a while. If you don’t have grassroots work experience in the future, you won’t be able to go very far in your official career. "
So he is willing to bear the price of this 57 billion debt."
Zhao Guodong frowned slightly, "Dad, did he really say that?"
"According to him He said that the reason why he was willing to spend more money was to win the trust of individuals and institutions that invested in and cooperated with Delong.
Delong holds 2% of the equity of Shenzhen Development Bank. Shenzhen Development Bank is also considered a related asset of Delong, but Shenzhen Development Bank is not a subsidiary of Delong.
"Tell them to be calm for now, and I will give them an answer as soon as possible."
"40 billion? Is the person named Xu stupid?
Loss money What did he think about acquiring Delong for 17 billion?" Zhao Guoliang said in disbelief.
“It’s been almost a week, are you still watching?”
"Well, no matter what Xu Liang's plan is for Delong, it has nothing to do with Yinji."
Give up short-term interests and pursue long-term returns. ”
There are obviously ways to save money, but you have to spend money.
With 40 billion in assets and 57 billion in debt, even a fool knows that it is a big loss.
Change Everyone will think there is something wrong with it
Xu Liang’s investment abilities have been recognized around the world.
Hearing this, a trace of jealousy flashed in Zhao Guodong's eyes.
This is what he couldn't figure out.
The benefits have already been eaten into the mouth, and it is impossible to spit them out again.
“Yeah.”
——
Looking at the framed plaque that said ‘Be law-abiding and loyal to the public’, Xu Liang couldn’t help but curl up the corner of his mouth.
"Dad, this is what I don't understand. If Delong goes bankrupt, he can at least save tens of billions of investments. But in the end, he insists on debt-based acquisitions. Why?" Zhao Guodong couldn't bear it. asked.
Zhao Zhijun waved his hand, "Okay, just go out if you have nothing to do."
"There is another possibility. He has enough confidence that he can use Delong's assets to earn more. returns to compensate for the loss of the acquisition
Zhao Guodong's face darkened.
“Didn’t you hear what dad said just now?”
Excluding these enterprises, Delong’s real assets are only about 40 billion. " Zhao Guodong explained.
"Nanmanzi has offered a high price. If Delong cannot get it, our losses will be huge. ”
Of course it has also won huge trust.
"That's what he said in front of the chief assistant. No matter whether he has other plans secretly, but since he has made a guarantee, he must do it in the future.
The simplest example.
Zhao Zhijun's eyes flickered after a pause.
Zhao Zhijun turned to look at his eldest son.
"Some people believe this, how about a liar? ”
The two brothers left the study.
Zhao Zhijun squinted his eyes slightly, his tone incomprehensible.
“Guodong, you have been at Yinji for two years.
“I know, Dad. "
Otherwise the higher-ups will not let him go."
"Shou Fu's handwriting is really good, powerful and majestic." Xu Liang said with a smile.
"I think it's all psychological."
As he said that, he put a stack of information in front of him.
“Take a look, this is the due diligence of Delong’s financial sector.”
Took it over and briefly flipped through it.
"Delong's tentacles in the financial field are much deeper than we originally expected."
Jiang Xiaoyang nodded: "After the equity penetration, Delong actually holds two securities companies, 'Deheng' and ' Hengxin', there are three largest shareholders: Zhongfu, Dongbei and Taiyang Securities.
There are four companies holding more than 10% shares.
There are two holding companies in the financial leasing field: There are 4 companies including New Century Financial Leasing and Xinjiang Financial Leasing.
In the trust field, there is only one holding company, Jinxin Trust, while Islamic, Dajiang and AIS Trust are shareholders.
In the insurance sector, it holds holdings in Oriental Life Insurance and Huaan Property & Casualty Insurance.
In the banking sector, there are basically seven companies with equity participation.
Kunming Commercial Bank holds the largest shareholding, holding 34.59%, followed by Nanchang Commercial Bank and Zhuzhou Commercial Bank, and Shenzhen Development Bank holds the least with 1.79%.
Excluding bank assets, the total financial assets associated with Delong are 53.8 billion Chinese dollars.
Among them, Delong occupies the largest shareholder and main controlling shareholder financial institution with total assets of 26.9 billion Chinese dollars.
We have previously called other shareholders of major financial institutions. They are basically willing to sell their equity to us. ”
Xu Liang is not surprised by this result.
Hanhua advocates repaying the money, but when repaying the money, you can’t just pay it out yourself, but everyone should pay it back. Jointly contribute capital according to the equity ratio.
If you don’t invest, your equity will be diluted.
If you want to invest, you have to come up with a large amount of working capital.
They have been frightened by Delong. Although they have replaced Hanhua with a better reputation, Hanhua has never operated an investment bank or trust. Whether it can do well is another matter.
So when Hanhua’s bid was more suitable, most of them sold their shares.
“But there are a few exceptions.”
"Who?"
"Changsha Salon Teng Group, Shancheng Chemical Holdings, South China Materials Group, as well as Kleiner Perkins Caufield & Byers, Lehman..."
"Wait, those companies in front I understand, why did Kleiner Perkins Caufield & Byers and Lehman appear?”
“Your boss Xu is well-known in the global financial community, but Hanhua never raises funds externally, so there are many investments. The organization plans to use this curved approach to save the country by investing in Hanhua and sharing the benefits.
This is just the beginning. It is estimated that there will be more such organizations in the future. ”
After a pause, Jiang Xiaoyang looked at the man and smiled.
“So, do we still want to continue the acquisition?”
“Of course we want to build a nationwide network, and acquisition is the fastest way.
However, Although I allow other companies to participate, our shares must be guaranteed and cannot prevent us from consolidating financial statements.”
Generally speaking, if we hold more than 50% of the shares, we can consolidate the financial statements.
Jiang Xiaoyang nodded.
“By the way, the shares of several city banks will be sold within this year, and the shares of Shenzhen Development Bank can be kept.”
City banks, in addition to several city banks in first-tier cities, there are also other cities that are worth looking at First, the others are basically small treasuries in local cities or even provinces.
Clear rights and responsibilities and lack of investment channels.
The disadvantages will become more prominent as you go forward, so sell it now while it still has some value. The further you go, the harder it will be to sell.
"Yeah."
Dingle bell….
The phone on the table rang.
Xu Liang picked up.
"Mr. Xu, Zhao Guodong, CEO of Yinji Asset Management, wants to see you. He said he has something very important to discuss with you. He also said that if you don't meet with him, you will definitely regret it."
"With such a loud tone, I'm really curious.
Let's make arrangements. I'll meet him at the company tomorrow morning."
"Okay."
When he put down the phone, Jiang Xiaoyang asked.
"Zhao Guodong wants to see you?"
"Well, he also said that I would regret it if I didn't see him. I want to see what great trump card this guy has in his hand. Is he so confident?"
"Although Zhao Guodong is not a good person in the circle, He’s considered a top-notch person, but he’s also a very powerful person, much better than his younger brother.
Since he’s so confident, he should have really gotten an offer that we can’t refuse.”
Xu Liang nodded slightly, "It will become clearer when we meet in person."
"Yes."
"It's almost noon, shall we have dinner together?"
"I'll pack up the documents."
After arriving at the restaurant and having lunch together, Jiang Xiaoyang went upstairs to rest.
Xu Liangze drove away from the company.
Walking through the streets and alleys, we soon arrived at Sixi Tower in Shichahai.
Sixi Tower is divided into three parts: front, middle and back.
The two-story attic at the front is the lobby of Sixi Building. It is more than 2,000 square meters and is basically a studio.
The middle part is the box area, with fifty-six boxes of various sizes, covering an area of more than 4,000 square meters.
At the end is the private residential area, where An Kaiyue basically lived before going abroad.
Xu Liang parked the car in the parking space and walked in.
The attendance rate at noon was pretty good, with at least 70% attendance on the first floor.
“Mr. Xu.”
The lobby manager saw him and hurriedly greeted him.
"Where is your Mr. Zhao?"
"Mr. Zhao went to Jinmen to inspect the market and will come back tomorrow."
After five years of development, Sixilou has occupied four first-tier cities across the country.
The main development direction now is to strengthen second-tier cities.
Tinmen, Hangcheng, Rongcheng and Shancheng are the first batch.
"How is the recent business in the store?"
"Thanks to your care, it is getting better and better. Especially in February, our highest daily turnover has exceeded 370,000. ”
Proud of his celebrity effect, Sixi Building's business, especially external business receptions, are increasing. Coupled with the tilt of Hanhua and Hongmeng, even the price of meals, drinks and service charges in the private room has exceeded 10,000.
There is still an endless stream.
"Yes, if this year's revenue can exceed 50 million, I will give you twice the bonus."
"Mr. Xu, we will work hard."
< br>After finishing the injection of chicken blood, Xu Liang came to the box area.
The best box No. 1 here is exclusive to him. When he is in the capital, he will basically entertain foreign guests here.
(End of this chapter)