Sprinkle coins every day

Chapter 513 Readjustment of organizational structure, aiming at overseas markets!

Compared with the breakthrough of Nebula Group, next year, the development of Lime Group will still be steady.

Whether it is biopharmaceuticals, medical devices, or even more cutting-edge life sciences, including modern breeding, etc., it is an industry that requires patience and slow cultivation.

There is no way to do it overnight.

"What Lime Group needs to do is to endure loneliness and concentrate on research and development. After a few years, it will be able to soar into the sky, completely rewrite the new pattern of China's pharmaceutical industry, and bring some new atmosphere." Zhang Shuo said.

"The chairman's entrustment, we must keep in mind."

In the face of more and more brilliant sprouts, the last bit of arrogance in Sun Yang's heart disappeared. Instead, he began to worry that Lime Group was falling behind among many group subsidiaries.

That's shameful!

The last person to report was Xinghai Group President Song Zhiyou.

"In the past six months, with the strong support of the parent company, Xinghai Group has developed rapidly, especially in the mining field. With several overseas acquisitions, Xinghai Mining has begun to take shape."

"Next year, the main thing is to continue to improve the business structure of Xinghai Energy and Xinghai Chemical, and strive to be on par with Xinghai Mining, so that the three major fields of mining, energy, and chemical industry can go hand in hand."

It's ambitious enough.

If it is really going to happen, then the scale of the Xinghai Group is at least on the trillion level.

I don't know how much money to spend in the middle.

But Zhang Shuo was very supportive, and said with a smile: "Mr. Song, feel free to do anything. Let me make a statement first. Next year, Xinghai Group will not only participate in the acquisition of Xianzhengda, but the parent company will also give a 100 billion investment quota. "

"After the meeting, the group will first allocate 20 billion for follow-up investment in Xinghai Mining."

It is one of Zhang Shuo's strategies for Germinal to divert the idle funds in Germinal's account to minerals, energy, chemical industry, etc., and there is no reason not to support it.

"Thank you, Chairman, for your support!"

With the promise from the big boss, Song Zhiyou immediately became full of confidence.

"In addition, I would like to make another suggestion. Xinghai Mining is now small and has a small scale. In the next stage, in addition to investing in the acquisition of mines, it should also consider investing in some overseas mining giants."

The chain of interests in the overseas mining industry is very complicated.

Like Xinghai Mining, at most they can only be regarded as new players in the overseas mining industry. Even if they are not short of money, the mines that can be acquired are basically small and medium-sized mines, or marginal mines with poor quality.

Those high-quality, large-scale and super-large mines are basically in the hands of overseas mining giants.

If Xinghai Mining wants to seize food from a tiger's mouth, it is as difficult as heaven.

Or simply not possible.

The only way is - "Join if you can't beat it", that is, through investment or equity acquisition, become one of the shareholders of those overseas mining giants and share the benefits together.

It is unrealistic to want to eat alone.

"What do you think of Vale?" Zhang Shuo asked.

Vale is one of the world's largest mineral companies, headquartered in Samba, with operations in about [-] countries around the world.

Not only is it the world's largest producer of iron ore, pellets and nickel, it also produces manganese, ferroalloys, coal, copper, gold, silver, cobalt and fertilizers.

In addition, Vale also invests and operates in logistics, power generation and steelmaking.

"In the past year, Vale's business situation does not seem to be very good."

As a professional manager in the mining industry, Song Zhiyou is no stranger to Vale. He explained: "Due to the decline in the global price of iron ore, pellets, nickel and other products, and the depreciation of Samba's currency, the outside world It is generally estimated that Vale’s 15-year loss will exceed tens of billions of dollars.”

And just last year, Vale was profitable.

This also means that due to large-scale losses, Vale's liabilities will rise sharply.

"Isn't this just a good opportunity for Xinghai Mining to intervene?"

Zhang Shuo held a different point of view.

As I said before, in the past few years, the global mining industry has been somewhat sluggish, including iron ore and copper mines, and the life of major mining giants is not easy.But this difficulty is only temporary, and in the next few years, major benefits will soon be ushered in.

If you miss this time, there will be no chance again.

"this…"

Song Zhiyou really didn't know where the big boss got his confidence to be so optimistic about the prospect of the mining industry.

If I were someone else, I would have doubted it a long time ago, but Zhang Shuo couldn’t stand the aura of “the world’s richest man”, “the world’s most successful entrepreneur”, and “the hand of miracles” on his head. If he didn’t believe it, he would subconsciously believe it.

What's more, the main premise of Xinghai Group's preparation comes from this kind of prediction of the future.

"In short, get in touch with Vale as soon as possible. If necessary, I can also contact the Dream Fund and the Vision Fund to participate together." Zhang Shuo didn't give Song Zhiyou room to hesitate, and directly decided on Qiankun.

In 16, in order to reduce debts, Vale chose to sell nearly US$[-] billion in assets, including the sale of a minority interest in its iron ore assets in Samba.

It also plans to sell all or part of its fertilizer business and part of its stake in Samba's copper business.

"All right!"

Now that we've talked about this, what else can Song Zhiyou say?

Of course it is what the boss says.

.........

After Song Zhiyou's report, Executive Deputy Director Jiang Yue, Vice President and President of the Overseas Business Department Zhao Mingchuan, Chief Scientist Tan Yunsong, Operations Director Liu Xiaohui, Human Resources Director Wu Sheyuan, Financial Director Cai Feijuan, Chief Economist Xu Yinfeng, etc., were in charge of the project. Field work, made a simple report.

In particular, Chief Economist Xu Yinfeng made a special report on the annual audit that just ended this year.

"In general, all subsidiaries of the group are operating smoothly. Although many problems were found during the audit, none of them involved principled issues, and the overall operating risks are controllable."

With Zhang Shuo's killing of Cao Yanhua last year, this year, the subsidiaries have obviously restrained a lot.

Because the headquarters is real.

But looking at the audit report, Zhang Shuo's eyes were indifferent. Even though Xu Yinfeng was a professional airborne from the outside, he was still not 100% sure of the authenticity of this report.

It is also impossible to determine whether the various audit teams avoided the important ones during the audit process.

It's all sophistication!
But as the budding helm, Zhang Shuo couldn't put this suspicion into practice, and he couldn't even show it. He could only acquiesce in such an audit report.

In the future, it can only be dealt with after the problem is really exposed.

Unknowingly, the development has been more than five years, and the scale has expanded countless times. Although Zhang Shuo has always emphasized that "entrepreneurship is on the way", it is inevitable to fall into the vortex of big company disease.

It's just that the problem is not so serious!

.........

At the end of the meeting, Zhang Shuo made a concluding speech.

"Through the report and discussion just now, the development plans of each group's subsidiaries for next year have been basically clarified, which is very good. I am here to focus on what new actions Germination Holdings will have next year."

"As a parent company, there is only one basic principle, and that is to provide better services to subsidiaries."

The so-called services include but are not limited to talent planning, corporate development strategic planning, legal assistance, operational support, technical support, etc., and of course the most critical financial support.

This is also the fundamental reason why subsidiaries such as Mango Group can grow bigger and stronger.

"Next year, the parent company will focus on overseas markets." This is the third consecutive year that Zhang Shuo has emphasized the importance of expanding overseas markets at the annual summary meeting.

It's almost a must every year.

Because of this, in the past two or three years, major breakthroughs have been made in the budding overseas strategy.

For example, all kinds of electronic products under Maili Group have sold well all over the world, becoming one of the most popular consumer electronics brands in the eyes of global consumers.

For example-

Qinghe Group, Qingcheng Group and Pinxixi Group have all opened up in Southeast Asia.

Apps such as Weixin, Weixin Pay, Frog Browser, Green Orange Overseas Edition, Pinxixi Overseas Edition, Fetion, and Panda Live have all gained a firm foothold in major Southeast Asian markets and become one of the popular local applications.

Even the cloud services provided by Qingyun Data can be regarded as small achievements.

But this is obviously far from meeting Zhang Shuo's expectations.

An overseas strategy like Mango Motors has just started, and the overseas strategy of Dao Sui Group has not even started, let alone Lime Group, Xingyun Group and Xinghai Group.

There is still a lot of room for development in the future.

Second, except for the deeply cultivated Southeast Asian market, even in Europa, except for wheat grains, the situation has not been opened up much, let alone the North American market.

In addition, there are Asian markets such as Japan, Korea, and Tianzhu, which also need to continue to be developed.

In view of this, Zhang Shuo is going to give more authority to the overseas business department, give more resources to the overseas business department, continue to deepen the overseas market, and continue to promote the internationalization process.

The first thing to do is to adjust the organizational structure.

"In order to strengthen the group's overseas layout, the group decided to change the name of Sunshine Holdings to Sprout (Xiangjiang) Co., Ltd., which will be fully responsible for the Asian market and the Oceania market except China. The person in charge will be the president of the Asian region and report to the president of the overseas business department .”

"In addition, Germination (Prussia) Co., Ltd. was established in Europa to integrate the branches, offices, and peripheral institutions of the group currently scattered throughout Europe, and to be fully responsible for the Europa market and the African market. The person in charge is the president of the European region. .”

"Establish Sprout (New York) Co., Ltd. in North America to integrate various resources distributed by the group in North America and South America, and take overall responsibility for the entire American market. The person in charge is the president of the Americas."

"The three major regional presidents all report to the vice president of the group, Zhao Mingchuan."

In this way, it is tantamount to integrating the branches, offices, and liaison agencies that were originally scattered in various markets to form a regional company that spans continents, and is fully responsible for the operations of Sprout Holdings in this region.

In a sense, it also assumes the responsibility of Sprout's overseas headquarters.

"The levels of the three overseas companies of Xiangjiang, Prussia, and New York are all recognized as the first-level subsidiaries of the group, that is to say, they are at the same level as business companies such as Maili Group."

This is institutionally establishing the status of the three overseas companies in the budding system.

It is also to elevate operations and business to an equally important position.

Otherwise, the three overseas companies are also unable to integrate the resources of Sprout Holdings, including the overseas branches and offices of each group subsidiary, and there will still be a situation of fighting independently.

Speaking of which, this is also inspired by Samsung.

Samsung has been deeply involved in the Chinese market for decades. It is not only Samsung mobile phones that are out of the circle. It has investments in home appliances, finance, machinery, chemicals and other fields. In order to integrate resources, it has made efforts in one place.

All branches and investments are under the unified management and deployment of Samsung (Huaxia) headquarters.

The three overseas companies newly established by Germination Holdings, in a sense, are all playing similar roles, and will truly undertake the important task of Germination to fully enter the overseas market.

And without a doubt.

With this adjustment, Zhao Mingchuan's position in the Germination Department will also be promoted again.

In terms of personnel arrangements, Zhao Mingchuan will also serve as the president of the Asia region, and the remaining presidents of the Europa region and the Americas region will consider hiring outsiders.The general principle is to lock in as a European and a beautiful Chinese.

It would be impossible not to appoint local executives.

After Zhang Shuo announced the relevant decisions, the annual meeting finally came to an end, which also means that the 15th year has officially come to an end, and the 16th year is about to usher in the new year.

.........

Monday, May 1.

After the New Year's Day holiday, Zhang Shuo returned to the company and sat down in the office. The first thing to do, of course, was to sign and approve the appropriation application for the new quarter, which mainly included—

Appropriate 65 billion special research and development funds to the Fertile Soil Research Institute;
Appropriate 50 billion operating funds to Xingyun Group, including 35 billion special research and development funds;
Appropriate 10 million operating funds to Sunshine Holdings;
Appropriate 40 billion operating funds to Lime Group, including 35 billion special research and development funds;
Appropriate 10 billion operating funds to Xinghai Group;
Appropriate 10 million operating funds to the headquarters of the Sprout Group, including the operating expenses of the property management department.

A total of 185 billion funds.

As the end of the year is approaching, considering the year-end bonus, the relevant appropriation has increased by one billion compared with the previous quarter.

Except fixed appropriations.

In the past fourth quarter, the special expenses of Sprout Holdings mainly include——

In late October, 10 billion yuan was allocated to Germination Investment to invest in Wangke;

In mid-November, 11 billion was allocated to Sprout Holdings to pay the share repurchase fee to Dream Fund;

In late November, 11 billion was allocated to the employee care fund to start the youth apartment project;
In late December, 12 billion was allocated to Weizhong Group to increase the registration fee;

In late December, 12 billion was allocated to Xinghai Group for the subsequent acquisition of overseas mineral resources.

The cumulative cost is 1875 billion, setting a record again.

In terms of income, in the fourth quarter of 15, Qinghe Group handed in a profit of 785 billion, Maili Group handed in a profit of 780 billion, and Weizhong Group handed in a profit of 95 billion.

A total of 1680 billion profits were handed over.

--slightly--

[Level]: Level 12 (1.3 million/3 million)
[Cash]: 572 billion

[Loans]: 245 billion (bank loans) + 100 billion (corporate bonds) + 84 billion (overseas loans)

--slightly--

In the last quarter of 15, due to the share repurchase, Sprout Holdings once again experienced negative cash flow growth. In this quarter alone, the net cash outflow was 380 billion.

The cash flow on Germinal's account has also shrunk further.

The only gratification is that due to the huge expenses and huge profits, the experience value finally broke through the 1.3 million mark, reaching an astonishing 12 trillion.At this rate, it is estimated that by the end of this year, the entrepreneurial level will be raised to level [-].

(End of this chapter)