Chapter 863 Core Enterprise
In the next few years, Xu Liang’s plan for himself is to integrate many of his industries.
Abolish or sell off non-core businesses and integrate overlapping businesses.
Two real estate giants, Taihua and Fuhua, will be integrated. Taihua’s retail business will be merged into Kelong Supermarket, making the latter a retail group.
The theater chain is handed over to Jiahua, making it an entertainment giant similar to Universal Pictures.
But even so, Jiahua Group is not Xu Liang's core business. If it develops well in the future, keep an eye on it; if it doesn't, sell it.
In his mind, there are not many companies that can truly become core companies.
Hongmeng, Hanhua, Standard Chartered, Taihua (Fuhua), Torch, Denong Group and Hynix.
Global Travel, Fortescue Metal Group (FMG), New Dream, Kelong, China Wine Industry, Facebook, Penguin, Alibaba, and Kunlun are all considered secondary cores.
The sub-core is different from the sub-core.
Facebook, Penguin, Alibaba and Fortescue are also core companies if they are not subject to political interference.
Especially Facebook.
After the start of the Sino-US business war, although it was ostensibly transferred to the descendants of the Xu family with old American citizenship and the support of blue-blood nobles like Montes, he was not sure whether he could keep it.
The degree of shamelessness in the United States can be seen from the experience of the currency circle boss, as well as the encounters between Huawei and Douyin.
So Facebook is only sub-core.
If nothing can be done, simply give Facebook to the Montes family, retain the wealth, and exit.
Penguin and Ali, the situation is different.
Twenty years from now, there is a high probability that the higher authorities will crack down on monopolies.
It is impossible to watch him hold Hongmeng, Ali and Penguin in his hands.
So the equity of the two companies is most likely to be sold.
Of course, he has apparently separated.
The Xu family in Xiangjiang and the Xu family in Singapore hold equity in two companies respectively, which is similar to the modern version of the Tweeting Order.
But whether it can be saved in the end is still unknown.
So, it can be considered a sub-core.
Among all the sub-core companies, the one he plans to upgrade to the core in the future is FMG.
Although Tuao danced happily, he became much more honest after being beaten by Huaxia.
With a population of less than 30 million, the economic lifeline is controlled by China, and it is geographically closer to China.
As long as the rabbit's navy develops.
Tu'ao is obedient.
The third pole of Xu Liang’s companies are companies such as Jiahua, Netcom, Hong Kong Stock Exchange, Marvel, Manchester United, and Heytea.
Level 3 companies can be sold at any time.
So what he really values and will take seriously are the sixteen core and sub-core companies.
“The merger of Taihua and Fuhua involves Kelong, which is not appropriate this year. Instead, the merger of Facebook and Twitter should be carefully considered.”
……
Hula….
The cold and sweet watermelon juice flows down your throat.
I feel like the heat has completely disappeared in an instant.
There is a huge sense of satisfaction from the inside out.
“It’s cool.”
Xu Liang praised.
Turning to look at Mo Manniang, she took a small sip. Although she looked very elegant and beautiful, it was really not satisfying.
"Wanwan, you have to eat a lot of watermelon to feel good. What's the point of doing this like you."
Mo Manniang tucked a few strands of hair behind her ears and smiled. road.
“It’s good to eat less, but you’ll feel uncomfortable if you eat too much.”
“That’s right. Watermelon is a cool thing, and you women may suffer from menstrual cramps if you eat too much.”
He said and chewed another piece.
"Brother-in-law, you have eaten such a big watermelon." Mo Hongzhuang complained from the side.
"Haha, if you don't eat it, you can't waste it, so I reluctantly kept it in check." The conversation changed, "Wanwan, are you still going back to England?"
"Yes. I There is still a year and a half left for my master’s program, so I must go back.”
“Auntie, will you go back with me?”
"My father has been sent to Australia by you."
Seeing her acting like you knew what she was asking, Xu Liang didn't care.
"I'm going to Europe in a few days. Do you want to come with me?"
"Are you going to Europe?"
The two women said in surprise in unison .
"Some work matters."
He did not go into details.
The two women did not ask in detail. Mo Maniang was not very concerned about his work, but she also knew that with Xu Liang's current net worth and halfway through his career, it was normal for him to fly around the world.
Mo Hongzhuang is very interested, but she is very smart. Xu Liang doesn't tell them now because he doesn't want to let them know.
So it was wise not to speak.
After Mo Maniang pondered for a while, "Mom and dad are going to Australia in a few days to help dad settle down. I will go with him first, and then return to England."
"Cousin, then I will I’m going back to England first.”
This girl is very bold. After Mo Manniang agreed, she even winked at Xu Liang and raised her 36D headlights, which made her full of temptation.
If it weren't for Mo Maniang's presence, Xu Liang, who was still fresh, would have to clear her spiritual channel.
……
Capital Airport.
Bo Nima and Zeng Liqing walked out quickly with their entourage.
Seeing the sign welcoming them, the two of them hurriedly greeted them.
"Mr. Ma, Mr. Zeng, I am Xu Lang from the President Office of Hongyan Fund. Mr. Xu asked me to greet you."
"Hello."
After the two sides shook hands.
After getting into the car that came to greet us.
"Secretary Xu, shall we go see Mr. Xu now?"
"We are tired from the journey. Mr. Xu said that you two can take a rest and meet again in the afternoon."
< br>Ponima nodded and said no more.
The convoy arrived at the Langmuyuan Hotel on Xizhimen North Street and arranged for the group to stay.
"You two have a rest first. If you need anything, call me directly."
Xu Lang said.
After taking the business card in his hand and looking at it, Zeng Liqing nodded.
“Thank you.”
"You're welcome, we are all a family. You can rest first and I won't disturb you."
"Secretary Xu, walk slowly."
Xu Lang nodded with a smile, turned around and left.
Watching him go away, Zeng Liqing closed the door.
Looking at Bonima who was standing by the window looking out.
"What are you looking at?"
"It's very prosperous here."
Ponima Road.
“For such a large commercial complex, prosperity is a given.” Zeng Liqing said with a smile.
“I heard that there are more than 30 Taihua Plazas under construction across the country, with an investment of nearly 40 billion Chinese dollars.” Bonima sighed, “Boss Xu is really rich.”
"Second on the Forbes list of the world's richest people, of course he is rich."
"He is already so rich, and he still keeps an eye on us Penguin every day. This time he wants to merge Hongmeng Entertainment as a whole. Picture What?"
Zeng Liqing smiled: "Of course I am interested in Penguin's potential. Apart from that, I can't think of any other reason."
Ponima smiled. He nodded and said, "To be honest, I didn't expect Penguin to have such an important position in Boss Xu's heart."
Zeng Li Qing glanced at him and said.
“Boni, do you really plan to let Penguin acquire Hongmeng Entertainment?”
“You don’t want to?”
“Of course I hope to make Penguin bigger, but we all know that with just We have no hope of acquiring Hongmeng Entertainment, even if we spin off Hongmeng Games.
The only way to complete the acquisition is to raise funds.
But Penguin’s financing power is in the hands of Boss Xu.
Therefore, if this acquisition can be realized, our equity will be compressed again, not even 20%.
Most of Penguin’s shares fell into the hands of Boss Xu.
Poni, we might lose the penguin! "Looking at his serious expression, Bonima looked calm.
"I have thought about this issue repeatedly before coming here.
To be honest, I don't want to lose Penguin.
But in the past five years, Boss Xu has never made a mistake in advising Penguin, and has provided huge help to Penguin's development.
Although he did not participate in the daily management of Penguin, he slowly penetrated his influence into Penguin.
Although Boss Xu currently only holds half of the voting rights, if he really intends to intervene in Penguin management, I believe many senior executives will be inclined to let him take over Penguin.
After all these years, he has proven that he has the ability to manage Penguins.
Although everyone has a certain affection for me as the founder, everyone wants to see Penguin succeed and then go public to ring in the bell, thereby obtaining generous returns and achieving a class jump. ”
Zeng Liqing’s eyes changed.
He admitted that Bonima was right.
Loyalty is worthless in the face of huge interests.
Ask yourself, if Boss Xu really intends to interfere with Penguin, it will be difficult for him to side with Bonima.
After a pause, Bonima continued.
“I have looked away from it for so many years.
Everyone comes out to work to make money and make Penguin’s cake bigger. After the listing in the future, everyone will be able to earn more, and I will naturally do the same. You can get huge wealth.
So, it doesn’t matter.
Boss Xu wants Penguin, I’ll compromise.”
"Boni, things are actually not as bad as you think. Boss Xu has so many companies, and no matter how energetic he is, it will be difficult for him to take care of them all.
If you're far away, just look at Hongmeng.
It is rumored that Boss Xu is rarely in the company. Most of the time, Hongmeng is managed by Xie Wen and the Hongmeng Management Committee.
Even if Penguin is controlled by Boss Xu, it will definitely be the same as Hongmeng. Boss Xu is responsible for strategic planning, and we are responsible for daily management.
It’s no different from now.”
Bonima smiled and nodded.
Of course he believes that there is no difference, but in the end, the person who manages Penguin is not himself.
I sighed in my heart.
The bait thrown by Boss Xu this time is too big. Once it annexes Hongmeng Entertainment, Penguin will instantly become the largest pan-entertainment giant in China.
The company’s revenue exceeded 4 billion Chinese coins.
Valuations skyrocketed.
Such a huge benefit.
Even if he is drooling, the Penguins management will not refuse.
If he really rejects Xu Liang, he will renounce himself from the Penguins management.
When the time comes, Xu Liang will be out of the game without even opening his mouth.
Faced with Boss Xu's conspiracy, he really had no choice.
……
Wangjing Building, Hongmeng headquarters.
"Lao Xie, what kind of equity does a company as small as Penguin need? Wouldn't it be better to just take the money?"
Xie Wen smiled and said: "Mr. Xu, I am optimistic about Penguin's future. I believe in your vision more.”
Seeing him like this, Xu Liang had a toothache.
That’s the bad thing about being so awesome.
Everyone wants to pick up the money.
“30% is too high, 3% at most.” Xu Liang thought about it and said.
Xie Wen twitched the corner of his mouth, this is too little.
"Mr. Xu, we have worked hard to develop Hongmeng Entertainment over the years. We have worked hard without any credit, so we should take 20% no matter what."
"Too much..."
The two of us broke up. After a while, the upper limit of Penguin equity replacement was finally set at 12%.
In other words, Hongmeng can hold up to 12% of Penguin’s equity, and the rest can only be in cash.
“Mr. Xu, you are so nervous about Penguin’s equity, will he be able to reach the heights of Hongmeng in the future?”
"I don't know if we can reach the level of Hongmeng, but there is still a great chance of becoming an Internet giant with a market value of tens of billions of dollars."
Xie Wen nodded. If Penguin does not have this potential, it will The boss will not be so nervous about its equity like a miser.
After a brief pause.
"Mr. Xu, since Penguin has a great future, can we directly acquire it in the name of Hongmeng Corporation?"
He specifically emphasized the tone of Hongmeng Corporation.
Xu Liang understood what he meant.
One hundred percent of the shares of Hongmeng Corporation are in the hands of Xu Liang.
The equity interests of Yihaodian, Bing and other subsidiaries benefited Xie Wen and other management respectively.
If Hongmeng acquires Penguin, Xu Liang’s interests will not be infringed.
“Of course I would like to integrate it if possible. But it’s not possible.”
"Why?"
"It's very simple, Hongmeng is not a state-owned enterprise."
Xie Wen frowned slightly and said after thinking for a while.
“You mean ‘monopoly’?”
After Xu Liang nodded, “When Internet companies have not developed, the higher authorities will not intervene. But when the Internet changes from a blue ocean to a red ocean, A time when it profoundly affects all aspects of society.
The higher ups will definitely intervene.
I will probably not be able to keep Penguin by then, and even Hongmeng will have to streamline its business. "
Xie Wen nodded slowly.
Even countries that advertise freedom like the United States have anti-monopoly laws, let alone China.
"You Looking too far. ”
"It's not far away. If you don't prepare for many things early, you won't have a chance by the time you react." Xu Liang sighed.
"Hongmeng Entertainment's China business is sold to Penguin. What about its overseas business? Are we planning to hand it over to them as well?" Xie Wen then asked.
Hongmeng’s pan-entertainment layout is not limited to China, but spreads all over the world.
Hongmeng Music Network is the world’s largest online music website, and Hongmeng Literature Network is also the world’s largest online novel website.
In terms of film and television, because Universal Pictures is an independent subsidiary, although it has been developing for many years, it currently only shoots some idol dramas and films with relatively small investment.
Basically, they are laying the foundation, and their market share in the entertainment markets in Japan, South Korea, Southeast Asia and other places is not large.
Hongmeng animation and comics are similar to the film and television business.
Hongmeng Entertainment’s overseas business is not under the jurisdiction of Lily’s Hongmeng Entertainment, but is independently managed by Hongmeng’s major global subsidiaries.
Xu Liang thought about it.
“Overseas business will not be suspended for the time being.”
With Penguin's current size, it is not easy to integrate Hongmeng Entertainment's domestic business. If all businesses are crammed in at once, it will be overwhelmed.
And this is the result of stripping away Hongmeng Games, otherwise the integration will be more difficult.
In addition, although Hongmeng Entertainment’s overseas segment is large, except for Japan, South Korea, Europe and the United States, most of them are losing money.
This makes integration more difficult.
"Step by step?" Xie Wen said.
Xu Liang nodded.
"Snake Tunxiang is too easy to cause trouble, so take your time."
After roughly deciding on it, we can slowly advance it with the development of Penguin.
"Xiang Lili, what are you planning to do?" Xie Wen asked instead.
The CEO of a huge subsidiary, and now only one Hongmeng Games Huaxia subsidiary is left, and his business has been reduced by more than half, he must feel unbalanced.
Xu Liang frowned.
Xiang Lili is also an old person in the company. She has worked hard for many years and led Hongmeng Entertainment Huaxia Company to continue to grow.
Although Hongmeng Entertainment caused some trouble this time, it would be too harsh to fire her just because of this matter.
“Can she join Penguin?” Xie Wen said.
“Yes, yes, after the change of Penguin’s management structure, the Interactive Entertainment Division has joined Hongmeng Entertainment business, but I am afraid that she will not want to go because Penguin is too small.”
"I'll communicate with her first. If she doesn't want to, then we can only optimize it."
Hongmeng's senior management has made mistakes one by one. As long as they make no mistakes, the status of the senior management is very stable.
Furthermore, Xiang Lili’s status is too high, and there are not many positions suitable for her, so it is even more difficult to adjust.
Hongmeng doesn’t care for idlers either. If she refuses, she can only be fired, no, optimized.
“You tell her that if she is willing to go, she will serve as Penguin’s executive vice president and general manager of the Interactive Entertainment Division. When Penguin goes public, she will also receive company options.”
Xie Wen nodded.
(End of this chapter)