Sprinkle coins every day

Monday, May 8.

At the regular meeting, Lin Zhengdong, president of Dao Sui Group, and Liang Song, executive vice president, were present.

It can be seen that the matter discussed is related to the Rice Ear Group.

In fact, after signing a contract with Dongzhi last Saturday, Lin Zhengdong didn't even return to Jiangxia, where the headquarters of the Dao Sui Group is located, but flew directly from Dongying to Binhai City.

Liang Song also rushed over from Luzhou at about the same time.

Last night, Zhang Shuo hosted a rare banquet at home, entertaining two generals from the Dao Sui Group.

And everything that needs to be discussed has been settled.

Therefore, at today's meeting, after Lin Zhengdong introduced the acquisition of Dongzhi Flash Memory in detail to the senior executives present, Zhang Shuo spoke.

"Tell me about the personnel adjustment."

"I mentioned before that with the successive establishment of Nebula Group, Lime Group, and Xinghai Group, it is necessary for the group to add a senior vice president in charge of business."

"After internal recommendation and investigation, the group finally decided that Lin Zhengdong will be promoted to the senior vice president of the group, assisting the president Lu Kai, and in charge of the three subsidiaries of Xingyun Group, Lime Group and Xinghai Group."

"Thank you, Chairman, for your trust!"

Lin Zhengdong suppressed his excitement, stood up to signal to his colleagues, and at the same time accepted everyone's congratulations.

With the current scale of Germination Holdings, even if he is only the president of a group subsidiary of Germination, he has already touched the ceiling of a professional manager.

Even if you look at the world, it is enough to be among the top professional managers in the world.

When it comes to Huaxia specifically, not to mention Lin Zhengdong, group presidents like Du Qingqing and Wang Tao are all on an equal footing with Ari President Ren Xiaoyao and Tengda President Lu Jianzhi.

And the senior vice president of Germination Holdings
Before Lin Zhengdong, there were only Lu Qi and Gu Mingzhang. One was a top professional manager in the global Internet field, and the other was a super giant in the global electronic information industry.

The status in the global business circle is even higher than that of the founders such as uncle and second master.

And now, Lin Zhengdong also wants to join this sequence and complete another leap in his career.

How not to get excited?
Therefore, Lin Zhengdong is very happy even if he wants to leave the Dao Sui Group.

Lu Kai and other executives applauded with a smile, and there was no surprise on their expressions.

Obviously, Zhang Shuo had fully communicated with the relevant executives about this major personnel adjustment of the group, and it was not a temporary idea.

Because Lin Zhengdong scored very high in the internal recommendation process.

And Zhang Shuo has not made a decision, just waiting for Lin Zhengdong to lead the team to successfully win the Dongzhi flash memory, and make adjustments after he has achieved brilliant results that are enough to convince the public.

Everything seems to be in order.

After all, today's Germination is no longer the grass-roots team before, and the internal relationship network and interest chain are also very intricate.

Although Zhang Shuo, as the chairman and CEO of Germination, can be called the emperor of Germina, he can decide everything with one word, but any decision he makes must be as convincing as possible.

Otherwise there will be hidden dangers.

In terms of division of responsibilities, Lin Zhengdong is somewhat similar to Gu Mingzhang, both of which belong to the manufacturing industry.

The difference is that Gu Mingzhang's wheat grain group, rice ear group and mango group are all high-end manufacturing industries, and they are all relatively cutting-edge, and they are more inclined to the electronic information industry.

On the contrary, Nebula Group, Lime Group, and Xinghai Group, which Lin Zhengdong is in charge of, cover aerospace, smart robots, medicine, energy and mining, and are more inclined to traditional manufacturing.

Of course, the intelligent robot business is excluded.

There is another difference, that is, after Lin Zhengdong is promoted to senior vice president, he will also step down from the position of president of Inaosui Group, and will no longer concurrently serve as the president of any of the group's subsidiaries.

This is also the reason why Liang Song appeared here.

There is no doubt that Liang Song will succeed Lin Zhengdong and be promoted to the post of president of Dao Sui Group.

Liang Song also has this ability. Not only did he lead the team to successfully break through the 28nm advanced process technology, but the research and development of the 14nm advanced process has also entered a critical stage.

It is expected to achieve another leap forward.

Therefore, there will be no objections or obstacles to Liang Song's promotion to the president of Dao Sui Group.

The same is a matter of course.

In a sense, it was precisely because of the presence of Liang Song in Dao Sui Group that it was able to complete the smooth handover of the position of president, which gave Lin Zhengdong a chance to stand out from the crowd of competitors.

.........

After announcing the new personnel appointment, Zhang Shuo picked up an investigation report.

"This is an industry survey report on Huaxia's modern agriculture submitted by the Investment and Acquisition Department. Unfortunately, through this report, I can't see any opportunity for large-scale investment in modern agriculture in Huaxia."

why?
Because of Huaxia's agricultural companies, the national team doesn't need to say much. The famous private companies are giants like Hope and Zhenbang. They either raise pigs or sell feed.

Or a dairy giant.

Not to mention the low technical content of this type of private enterprise, the key is that the concentration of equity is very high. More than [-]% of the equity is in the hands of the founder's family and will not accept external investment.

Not to mention being acquired by Sprout.

Of course, Germination has no interest in acquiring such companies, but with Germination's structure and pursuit, if it really wants to enter the modern agricultural sector, it will basically target overseas giants.

In particular, some new breakthroughs must be made in the field of modern breeding to make up for Huaxia's shortcomings in this area.

Breeding itself is the hardest hit area monopolized by overseas giants.

Looking at the world, the concentration of the seed industry and agrochemical industry is also very high, almost monopolized by several giants such as Dubang, Dow Chemical, Singenta, Mengsanto, and Bayer.

Any agricultural company other than these super giants will be crushed to pieces.

As cruel as it is, this is reality.

The most frightening thing is that just a few global giants are still merging with each other.

原时空15年12月，杜帮和陶氏化学达成了高达一千30 billion美刀的并购交易。16年5月，拜尔宣布以630亿美刀的价格，收购蒙山都。

Therefore, there is not much time left for germination.

In order to maintain the position of Huaxia Agriculture in Yuanshikong, in 17, Huaxia Zhonghua Group acquired Xianzhengda at a price of 460 billion U.S. dollars, catching up with the last train of the competition.

This has also reshaped the three-legged pattern of global agricultural giants.

But at that time, some people questioned why Huaxia spent a huge amount of money to acquire a foreign agricultural company. Wouldn’t it be better if more than 3000 billion of this money was invested in scientific research?
The idea is beautiful, but the reality is very skinny.

To answer this question, one must first understand the status quo, that is - although Huaxia agriculture has existed for thousands of years and has the third largest land area in the world, it is not a real agricultural power.

Take a very simple example.

Such a scene appeared at the Changshou market in 08. Many farmers were scrambling to buy one thing, which was a Dutch sweet pepper seed called mandi.

How expensive are these seeds?

180,000 per kilogram, yes, 180,000 per kilogram.

And if you want to buy it, you have to buy it by piece.

Do you think this seems a bit nonsense?But the more nonsense is yet to come.

At that time, 80.00% of the vegetables in Changshou were foreign varieties, and the vegetables produced by Changshou accounted for a quarter of the total vegetables in China.

In other words, at that time, half of the vegetables in Huaxia might be foreign varieties.

It can be seen that in the field of seeds, overseas giants have achieved a certain degree of monopoly, and it is not easy to break this monopoly with their own efforts.

Let me give another example related to Monsanto.

Mentioning the name of Monsanto may be unfamiliar to many people, but they must have heard of one of its products, which is the herbicide-glyphosate.

It is also the most widely used herbicide in the world.

The most proud product of Monsanto is the genetically modified soybean, which has strong disease resistance and a very high yield.

Most importantly, it is immune to glyphosate.

Meng Santo came to Pampas in 98, gave local farmers a lot of soybean seeds for free, and taught them how to plant them. He also said that this soybean is resistant to diseases and has high yield, and can be harvested twice a year.

The local farmers planted soybeans with the mentality of giving it a try. As Meng Santo said, using their herbicides is simply a fool's way of farming.

So the local farmers planted this kind of soybeans ecstatically. In order to expand the planting area, they even removed all the original local crops and replaced them with soybeans.

By 02, Monsanto's soybean acreage accounted for 99% of the entire Pampas.

Just when Pampas farmers were immersed in the huge benefits brought by high-yield soybeans and couldn't extricate themselves, in 04, Monsanto suddenly asked Pampas to pay soybean royalties.

At first, Pampas didn't want to give it, but Meng Santo immediately threatened to cut off the supply of seeds if he didn't pay the patent fee.

At first, farmers didn't take it seriously because they had a lot of seeds they had saved. However, when they planted these seeds, they found that these seeds were far from the performance of their previous two generations.

These soybeans are not only not resistant to disease, but also grow in strange shapes, and their yields have plummeted.

Now everyone came to their senses. It turned out that this was a scam set by Meng Santo. First, he pretended to provide seeds and pesticides, and then slowly encroached on your local farmland and wiped out local crops.

When the time is right, huge patent fees will be demanded.

At this time, even if Pampas wants to grow back to native crops, the local soil has long been unable to grow crops other than soybeans due to the large amount of brainless spraying of glyphosate.

So in the end, Pampas had to pay him a huge patent fee.

Imagine.

How aggrieved Pampas was when he found out that he was cheated but had to bow his head to the overseas giants.

But there is no way, the rules of the game are played like this.

As a country with a large population, China's food security is very important, and it is even more important to make breakthroughs in the field of breeding in order to bridge the gap with overseas giants, otherwise it will only be able to rely on others.

However, the technological gap in the field of breeding cannot be caught up in the short term.

A more realistic approach is to acquire the many technologies and channels it has accumulated in related fields through the acquisition of a relatively powerful overseas giant.

Zhang Shuo's target this time is also Xianzhengda, because Xianzhengda is the easiest to be acquired.

Xiangenta is the world's largest agrochemical company and the third largest seed company in the world. Their products are distributed in more than 90 countries and regions around the world.

It is a veritable super giant.

Although Xiangenta's seed business is not as good as other companies, they are focusing on vegetables and flowers, crops with great potential and high added value.

The original space-time Mengshandu also attempted to acquire Xianzhengda before it was acquired by Bayer.

It's a pity that Mengshandu only wants the chemical department of Xianzhengda, and this means that once Xianzhengda is acquired by it, a large number of employees and previously accumulated seed patents will lose their jobs and value.

Therefore, Xianzhengda finally rejected the acquisition of Mengsanto, which gave Zhonghua a chance.

In order to win Xianzhengda, Zhonghua even had to promise that after the completion of the acquisition, not only would it not change any existing organizational structure of Xianzhengda, but it could also pay in cash.

Of course Zhang Shuo didn't want Xianzhengda to be so cheap.

With the joint participation of Dream Fund and Vision Fund, after the acquisition is completed, the board of directors of Xiangenta can be reorganized, and the management rights of Xiangenta can be firmly controlled by Zhang Shuo, the behind-the-scenes boss.

Not only Xianzhengda, but also Zhang Shuo has ideas about Mengsandu.

Want to build a super agricultural giant.

"The acquisition of Xianzhengda by United Dream Fund and Vision Fund is just a means, but not our ultimate goal. The ultimate goal is to make up for our own shortcomings through the acquisition of Xianzhengda."

Zhang Shuo changed the topic.

"Therefore, I hope that while launching the acquisition of Xiangenta, Xinghai Group will activate Xinghai Chemicals and make sufficient preparations for the docking of Xiangenta's chemical business."

The acquisition of Xianzhengda is to continuously transfer its business to China.

"Then, chairman, which group subsidiary should be responsible for the seed business? Or should we set up a separate agricultural company?" Lu Kai, the president of the group, asked for instructions.

Chemical industry is still second, and seeds are fundamental.

"It's not necessary to set up a separate subsidiary, let's put it under the subsidiary of a certain group." Zhang Shuo has been deliberately controlling the number of group subsidiaries.

"As for which group subsidiary it is assigned to, what's your opinion?"

"I suggest that it can be included in the Lime Group."

Lin Zhengdong, who had just been promoted to senior vice president of the group, was the first to speak up unexpectedly, and explained with a smile: "The modern seed industry is closely related to life sciences. Lime Group is not only involved in medical devices and biopharmaceuticals, but also has a long-term layout in the field of life sciences. There can be synergies.”

On the surface, modern medicine and modern breeding seem to have nothing to do with each other, but in fact they are the same.

"That's a good idea."

Zhang Shuo's eyes also brightened, and he approved Lin Zhengdong's suggestion, "Then instruct Lime Group to register and establish Lime Agriculture as soon as possible, and be responsible for making preparations for the connection with Xianzhengda's seed business."

between words.

Zhang Shuo has great confidence in the acquisition of Xianzhengda.

After all, the original space-time Xianzhengda can accept the acquisition from Zhonghua, and there is no reason to reject existences like Dream Fund and Vision Fund.

The only problem may be that the Dream Fund and the Vision Fund have insufficient financial strength.

In the previous acquisition of Dongzhi Flash Memory, the Dream Fund was the main lead party and also the largest shareholder of Simon Flash Memory, with a total investment of 68.45 billion US dollars.

It drained more than half of the Dream Fund's cash flow in one go.

That's it.

It's all because in April, Zhang Shuo launched a [-] billion dividend of Germination Holdings.

As for the Vision Fund, it is a newcomer, and its own financial strength is not strong enough. It is all supported by the 6 billion start-up funds, and there is not much money available right now.

The acquisition of Xianzhengda this time involved a huge amount of nearly 50 billion US dollars.

If it is still led by the Dream Fund, and at the same time, in order to ensure the success of the acquisition, it is best to be able to pay in cash, then the Dream Fund must prepare at least 160 billion US dollars in funds.

The current Dream Fund simply can't come up with that kind of money.

The easier way to think of it seems to be to let Germination Holdings carry out another equity dividend.

But it's also the most unrealistic.

Not to mention, Bud Holdings just paid out a dividend of 300 billion in April, whether it is still possible to pay a second dividend; even if it is possible, to meet the capital needs of the Dream Fund, the dividend scale needs to be at least [-] billion.

Mengya didn't have that much cash in his account at all.

The only feasible way is for Germination Holdings to use the funds in the account to repurchase part of the equity held by the Dream Fund to meet the capital needs of the Dream Fund.

In this way, it can also reduce the shareholding of Germination held by Dream Fund in a disguised form, so that the outside world will not always say that Germination Holdings’ bloodline is not pure enough, and it is controlled by overseas investment institutions.

It can be said to kill two birds with one stone! ! !