The Wealth Empire Crossing the Hong Kong

Chapter 321 Group Split
When Xinhui Group was just established, it was just to make Yong Zidui and Yi Zidui change from black to white, so as to avoid being attacked in the future.

With the development of time, Xinhui Group has also become a behemoth. It not only owns the three major industries of KTV, bar, and arcade game hall, but also has teahouse chess room, security company, hotel, film industry, investment company, Technology companies, etc.

Since some of these industries are in the gray area to avoid negative impacts on hotels, film industry, technology companies, investment companies, etc., Xinhui Group held a board meeting on the third day after Li Zhipeng was born.

The current shareholders of Xinhui Group are not limited to Li Jianhui, Chen Zhiyong's family, and Pan Huiying. The three major banks of East Asia, Dao Heng, and Wing On, Guanghua Jianye, and Lei Jia also hold shares in them. This is also the reason why Xinhui Group has expanded so rapidly in recent years. one.

In the meeting room of Xinhui Group, Chen Zhiyong said: "Everyone is also aware of the situation of our group, such as KTV, bars, and arcade game halls, there will inevitably be some disturbances.

Now that we are not listed, it is not a big problem. Once Xinhui Hotel, Xinhui Technology, and Xinhui Holdings are listed, I am afraid that they will be seriously dragged down by them.

I invite everyone to come to this meeting today. I mainly want to discuss with you the splitting of the group. I intend to spin off the gray and white industries. Only Xinhui Hotel, Xinhui Pictures, Xinhui Holdings Group, etc. Xinhui Technology, Xinhui Investment.

I will be the chairman of the board of directors of the group, Jianhui will be the vice chairman of the board of directors of the group, Zhong Jiawei, the former vice president of Xinjian Bank, will be the executive vice president of the group to assist me in managing the affairs of the group, and Chen Zongxue will be the assistant to the president of the group.

As for the new group formed by the divested company, it will be named Tianshui Holdings Group and headquartered in Tianshui City. Brother Pan will be the chairman and president of the group's board of directors, and Wu Jiyang, the current director and vice president of the group, will be the vice chairman and executive vice president of Tianshui Holdings. Brother Pan manages the affairs of the group. "

The other people present knew that Chen Zhiyong, Pan Zhiyong, and Li Jianhui must have discussed this matter in advance, otherwise they would not have been able to arrange their positions.

Although they are also shareholders, these three hold more than 70% of the shares. Not to mention that this arrangement is quite reasonable, they have no reason to object, even if they object, it is useless.

Seeing that no one had any objections, Li Jianhui said with a smile: "This split is also for the better development of its industries. After this time, we will re-evaluate the assets of Tianshui Holdings. I personally suggest that everyone establish an offshore fund. This is to control the shares in Tianshui Holdings, so as to avoid affecting the development of your other industries in the future."

Regardless of the fact that Tianshui Holdings has no possibility of going public, but its profitability is not low at all. If it weren't for the bad impact, they would definitely not choose to split.

The reason why Li Jianhui put forward this suggestion is also to prevent Tianshui Holdings from having an accident, which will bring negative impacts to companies such as East Asia, Daoheng, Guanghua Jianye, etc., resulting in a sharp drop in stock prices.

All the people present were smart people, and they knew that Li Jianhui's proposal was for their own good, and each of them expressed that they would complete the share change as soon as the evaluation was completed.

As for letting go of the shares of Tianshui Holdings, they didn't think about it at all. Before investing in Xinhui, they considered whether the family's gains would outweigh the losses. withdraw shares.

These old foxes who have been in the business world for many years have always put the interests of the family first. As long as the benefits outweigh the risks, they dare to invest. As for a little reputation, they don't care at all.

Moreover, it is too easy to hide yourself and your family behind this matter. You only need to quietly establish an offshore fund. It is difficult for the outside world to know who is behind the fund.

At the meeting, the listing of Xinhui Hotel was also discussed. At present, Xinhui Hotel has six hotels in Central, Kowloon, Tseung Kwan O, Tianshui City, Taipei, and Kuala Lumpur, and the hotel houses have their own property rights. As the Queen's Hotel of the Tung Wah Consortium, the reputation is added. It is currently valued at 8 million Hong Kong dollars. The most valuable one is the Central Hotel. If it is sold at the market price, the value is also around 3 million Hong Kong dollars.

The main purpose of listing Xinhui Hotel this time is to collect money for the subsequent expansion of the hotel. Regardless of the high market value of the hotel, the number is too small.

As the planner of hotel development, Li Jianhui also required that the property rights of the hotel houses be owned instead of rented, which also led to a considerable investment in the initial expansion.

That is to say, with the support of the entire Xinhui Group, coupled with the entry of capital, otherwise it would be impossible for Xinhui Hotel to achieve its current scale.

Now that the industries that provide power have been divested, there are only three ways for Xinhui Hotel to continue to expand, one is loans, the other is capital injection from shareholders, and the third is listing financing.

Because the property market has been sluggish recently, the life of these shareholders is not easy. The option of capital injection is directly rejected, and there is no such plan in terms of loans for the time being. The days of several major banks are also difficult.

In order for Xinhui Hotel to continue to expand, it chose to go public and finance its development from the stock market.

The split of the group is also to pave the way for the listing of many subsidiaries including Xinhui Hotel. The listing of Xinhui is just the beginning. In the future, Xinhui Films, Xinhui Technology, and Xinhui Holdings will gradually be listed on the Far East Exchange .

It has to be said that Li Jianhui has played the trick of going public, and this guy likes to split the listing very much, so he has made money in the stock market many times.

Seriously speaking, in fact, the listing time of Xinhui Hotel is a bit late. In this respect, we can only blame Li Jianhui for being too affected by the butterfly effect. According to the memory of previous lives, Xinhui Hotel will be listed in June. After all, the stock market crash in 81 happened in July. .

However, due to some accidents in this life, the crisis in the stock market and property market has come ahead of schedule, so that the valuation of Xinhui Hotel's listed market value has decreased, and the funds obtained for listing and financing will also decrease.

Now Li Jianhui and others can only adjust the plan, so that Xinhui Hotel will be listed as early as possible in early next month, that is, early April, so as to avoid problems in the property market that will further reduce the market value of Xinhui Hotel.

After the meeting, Lei Juekun said to Li Jianhui: "Jianhui, Shuhui and Shuyan's full moon wine is held by your own family, so I won't mention you, but this time Zhipeng, as your eldest son, is full moon wine Absolutely not be ambiguous, when it should be high-profile, it must be high-profile, and this time it must be done in a big way."

Xiangjiang attaches great importance to full moon wine, and many families will specially entertain relatives and friends for their children's full moon.

It's just that Li Jianhui is too carefree, and Zhou Jiayi's four daughters are pregnant one after another, so it's impossible for him to hold four full moon drinks for his children within eight months.

Therefore, no matter whether it was the eldest daughter Shuhui or the second daughter Shuyan, Li Jianhui only invited his own family members, plus Li Guobao, Lei Juekun and other members of Donghua Club in Xiangjiang, did not spread invitations widely.

Lei Juekun was worried that Li Jianhui would do what he did before Li Zhipeng was normal, so he specifically instructed Li Jianhui after the meeting.

The eldest son of a wealthy family has always had a very special meaning. Since ancient times, if there is no accident, it is the eldest son who inherits the family business.

The eldest son's full moon wine is also very important. The other children's full moon wine can be omitted, but the eldest son's full moon wine must not be ambiguous.

(End of this chapter)