Chapter 998 New Dream
“Mr. Xu, the car is ready.”
Li Jinling came in and said.
“Yes.”
Xu Liang looked in the mirror and found that there was no problem, then turned and went out.
"Where are you going?"
Wang Lingxiang, who was making dumplings with leeks in the living room, asked.
“A high school classmate of mine got married today. I went to attend his wedding and didn’t come back for lunch.”
“A high school classmate’s wedding? I’ve never seen you go there before.”< br>
“We haven’t met each other before. I’m leaving.”
"Give more red envelopes to people."
"Don't worry."
After getting in the car, a convoy of three Maybachs slowly drove out of the manor.
At home, you don’t need to be as vigilant as abroad.
Dingle bell…
The phone rang.
Looked at the caller ID and pressed the answer button.
"Hey, have you gone to the Magic City?"
"Yes."
Lu Hui's familiar voice came over.
"How is it?"
"I am still familiar with the work of New Dream."
After six years, New Dream has become the top enterprise in domestic art training, subject training and adult vocational training.
Art training covers ages 3 to 70, including art, music, musical instruments, dance and other fields.
Subject training covers children's English, subject training in primary and secondary schools, CET-4 and CET-6 examinations, postgraduate entrance examinations, foreign examinations, overseas and international study tours, etc.
Vocational training involves thirteen majors including programming, interior design, and animation design.
The number of teaching centers nationwide has reached 549, covering more than 50 cities, with more than 7,600 employees.
In 2005, the total number of training participants nationwide exceeded 1.7 million.
The total revenue for the year exceeded 3.2 billion Chinese dollars, but the net profit exceeded 900 million Chinese dollars.
Far more than training institutions such as New Oriental.
The reason is also very simple. New Dream’s property ownership rate is high, so its rental expenses are lower than those in the same industry.
This is also the reason why its market value exceeds US$7 billion, but New Oriental is less than US$5 billion.
Investment institutions also value real fixed assets such as real estate.
“New Dream has many businesses, and it does take time to understand them.”
Xu Liang then asked.
"How much of New Dream's shares have been cashed out?"
"7.4%."
"The speed is pretty good."
New Dream's shares were cashed out when he came back from the United States. It has already started. With so much money being cashed out in half a year, it will not have a big impact on the stock price of New Dream.
“Continue to reduce holdings and stop at 60%.” Xu Liang said.
Xu holds 79.9% of the shares of New Dream. If he injects all commercial real estate worth 16 billion Chinese dollars into it, he will definitely be ordered to delist.
The shareholding is too high.
If it is acquired with debt, the financial pressure on New Dream will be greater.
So Xu Liang discussed with New Dream CEO Teng Huaming and decided that Hanhua would assist New Dream in issuing a corporate bond of 8 billion Chinese yuan.
Then use the money to acquire half of the commercial real estate, and the rest will be used as capital injection to inject new dreams.
At the same time, in order to avoid excessive concentration of equity, Xu will first sell 20% of the equity of New Dream.
After such financial operations, Xu’s shareholding in New Dream will remain at about 74%, and he still holds the absolute power of New Dream.
"I have been doing what you told me, and without affecting the stock price, I expect all the reductions to be completed by May this year."
"That's good. ... Still remember How did you think about what I talked to you about last time?”
“I’ve already thought about it.
With New Dream as a platform, my next investment will focus on the education industry.
Currently there are two main directions, one is painting materials and the other is teaching aids.
In terms of painting materials, I plan to contact several investors of Marley Painting Materials and try to acquire them, and then continue to expand product boundaries under the brand "Marley" and strive to become the top brand in the country. Painting materials and teaching aids manufacturer.
The second one is teaching assistants. Although there are many domestic teaching assistant companies now, not many are influential. We can enter with capital and become the top teaching aid company in the country through mergers and acquisitions.
Moreover, whether it is painting materials or teaching aids, they can continue to grow through the platform of New Dreams. ”
New Dream’s equity holdings were reduced, leaving her with a huge amount of US$1.5 billion in cash.
This money can fully support her expansion in the education industry.
“It’s a good idea, but you’ve missed one direction.”
“What direction?”
“Now New Dream Music Training accounts for at least half of similar training courses nationwide. In the market, the price of music teaching aids is much higher than that of painting materials and teaching aids
Especially for pianos and violins, which can easily cost thousands or tens of thousands, this is a lucrative industry. ”
In China, people are generally more willing to trust teachers.
When children go to a training class for the first time and need to buy musical instruments, a teacher recommends the purchase, which is more effective than any advertisement.
Even many domestic musical instrument companies specialize in finding New Dream and cooperate with them
New Dream earns commission after recommending customers to purchase.
Just from the agency fees, there is an income of tens of millions a year.
"I have considered what you said, but I am biting off more than I can chew. I still plan to complete the expansion and integration of the teaching aids, painting materials and teaching aids industry first."
"It is rare for you to be like this. Think, let’s do that.”
“Well.”
“How is the child?”
"I just went for a checkup yesterday. The child is very healthy."
Speaking of the child, Lu Hui's tone became gentle.
"Haha, that's good. I'll go to the Magic City to see you later." "I'll wait for you."
After chatting for a few more words, Xu Liang hung up the phone.
"Mr. Xu, we are here."
Li Jinling reminded.
Xu Liang looked at the ‘Taihua Hotel’ that was shrouded outside the car window by a silver-white glass curtain wall, which looked like a giant piece of glass in the sun and was filled with a modern atmosphere. He opened the door and walked out.
Although it is only a three-star business hotel.
But since the day Taihua Hotel was built in Songcheng Scenic Area, it has become the best hotel in Yidu.
Important receptions and wedding banquets of local elites are basically held here.
Step inside.
Not far from the hotel lobby, you can see the wedding photos of old classmates and the corresponding instructions.
After finding the direction, we walked over.
Before reaching the gate, I saw an old classmate standing there in a suit waiting.
The latter also saw him for the first time.
A trot ran up to meet him.
His face was full of joy.
“Xu Liang, you are here.”
“Old classmate, congratulations.”
As he spoke, he took out a red gift bag from his pocket and handed it over.
"This is my wedding gift to you. The password is six to one."
The first time he took it, Yang Haojian felt that there was a card inside.
And the high probability is a bank card.
“Thank you.”
Today was his big day, and he didn't refuse.
“Is this uncle?”
Looking at the bald middle-aged man next to him who looked very similar to his old classmate, Xu Liang smiled.
"Mr. Xu welcomes you to my son's wedding. When we found out you were coming a few days ago, our family was so excited."
Lao Yang is an ordinary rural person. , holding Xu Liang's right hand with both hands, his tone was extremely enthusiastic.
"Uncle, you're welcome. Yang Haojian and I have been classmates since we first entered high school. We shared bunk beds for two years and we have a very good relationship. It's okay if I don't know about such a big event like his marriage. If I know, I will definitely be there."
< br>For a moment, Lao Yang felt that the man in front of him was radiating a god-like light.
Such a rich man is so approachable.
You deserve to be rich.
“It’s such a blessing to have a classmate like you.”
Lao Yang was excited and emotional.
Xu Liang smiled and said no more.
"Dad, there are people coming and going here. Don't stand here and talk. Let's go in."
"Yes, yes, go in and talk."
Father and son The people in front eagerly led the way, and the group entered the wedding banquet hall.
The spacious hall is decorated with wedding-related accessories, whether red or bright, and filled with a festive atmosphere from top to bottom.
The relatives and friends of the groom’s family and the bride’s family were arranged on both sides of the middle stage, and there were forty or fifty tables set up.
It was full of people and lively.
......
"Principal, Yang Haojian is too ignorant. You came to their wedding in person, but you were only placed at the second table."
"Principal Liu, I guess Yang Haojian is deliberately humiliating you.
He has invited you to his wedding several times before, and now he has arranged a low-ranking position for you here. Tsk tsk, it's rare that he can think of this."
< br>Liu Shian's face looked a little ugly after hearing all the chatter.
As the vice principal and dean of the Experimental High School, if Yang Haojian hadn't invited him over to attend the wedding again and again and given him a lot of gifts, he wouldn't have bothered to come.
After arriving, with his identity, he must be sitting at the core main table.
Unexpectedly, I was placed at the same table as an ordinary teacher.
This is a bit of a slap in the face.
Especially after being fanned out by other teachers, Liu Shian's anger grew even higher.
"Principal Liu, Lao Yang will definitely not do such a stupid thing. He probably made a mistake because of too many wedding matters."
Not all teachers are adding insult to injury.
"Come on. Yang Haojian personally arranged for Principal Liu to do this just now."
"Principal Liu..."
"Okay, stop talking. I'm here to attend the wedding today. Yes, you can eat wherever the master tells you." Liu Shi'an said coldly.
Seeing him like this, some people were proud, some were anxious, and some sighed.
It is full of all kinds of things in the world.
Just like this, Yang Haojian walked in with Xu Liang.
With an attentive smile on his face, he and his father took Xu Liang to the first table on the left near the rostrum.
A table that can seat ten people.
It is more than enough for Xu Liang, Li Jinling, Huo Gang and Zhang Hongwei to sit.
The remaining bodyguards are temporarily sitting on the empty table at the back.
Their arrival naturally attracted the attention of the audience.
It’s not just the main table that’s the reason.
The temperament of the four people can also be seen to be very different from ordinary people.
Liu Shian looked at the four of them, although he noticed that Xu Liang looked a bit like the super rich man who was born in Yidu and founded big companies such as Hongmeng and Hanhua. He was ranked second in Forbes.
But I really don’t think about it.
After all, the identity gap between the two parties is too big.
Put yourself in his shoes, if you saw Bonima at a wedding banquet of ordinary people, you would not think that he is Bonima, but you would think that this person is really similar to Bonima.
(End of this chapter)