Happy Island owner

Chapter 467 Splitting and merging [1]

The friendly visit of the first aircraft carrier formation in Chile is not just a visit. . It will also conduct a joint military exercise with the Chilean Navy.At that time, the defense ministers of many countries in South America will be invited to visit. Even Casanovich, the president of the military equipment manufacturing group that has arrived in South America at this time, is also doing a lot of activities, hoping to take advantage of this friendly visit Taking advantage of this opportunity, he sold a batch of his most entry-level seal-class frigates.

Today, the Seal-class frigate is fully capable of self-manufacturing. Even without the help of the advanced technology of the last days, the military equipment manufacturing group and the shipbuilding base have successfully produced their first Seal-class frigate. frigate.

Although the overall surname is a little lower than what I use, but if I don't use it, it is quite good for export.

After the inspection of Xiaojintongxie, it has secretly placed an order for two ships with the military equipment manufacturing group.It's not that he doesn't want to pay more, but that this thing is really not cheap. Even if North Korea's economy has achieved rapid growth with Ji Feng's entry, it is not easy to get so much money, especially if he had bought it before. A batch of fighter jets and other equipment has been ordered.

Because this is a result that has just been completed, and there is not yet a lot of promotion. Therefore, Kasanovic intends to take advantage of the joint military exercise of the first aircraft carrier formation in South America this time to use this independently manufactured frigate sell away.

Although the Seal-class frigates are classified according to the level of frigates in their own hands, their capital ships in many other countries are not as good as the Seal-class frigates. Even if they buy them back and use them as capital ships, there is no problem at all. Or defense, the Seal-class frigate can bring them huge surprises.

However, these matters are not of Ji Feng's concern for the time being, because at this time, Ji Feng is gathering with the leaders of several major companies to review their merger and split proposals.

Sitting in front of him, besides Ding Zhongming, the president of Jeju Hotel and Restaurant Group, is Akio Shigemitsu, the president of Lotte Group who has been busy in Jeju Island recently. This half-South Korean, half-blood guy is Takeo Shigemitsu, the founder of Lotte Group. His second son, he was originally the president of Lotte in South Korea, and the president of Lotte headquarters (Nihong) was his older brother, but because he is more obedient and flexible, he has more outstanding ideas in terms of business development and maintaining growth, so He won the trust of Ji Feng, and with his support, he squeezed out his competing half-brother Lotte Department Store President Xin Yingzi this spring, and became the president of Lotte Group (Ni Bang).

The first thing he did after he came to power was to announce that Lotte Group would move its headquarters to Jeju Island as soon as possible, especially after the two ownership agreements thrown out by Ji Feng, the progress of this matter has been greatly accelerated.

Today, the headquarters of Lotte Group has basically achieved a smooth relocation. There are thousands of employees including the core research institute affiliated to the headquarters and other important departments. They have now arrived in Jeju Island and are re-starting work in a new place.

"You two, I basically have no objections to your plan, but the specific matters need to be discussed at the summit meeting to hear everyone's opinions. President Ding, do you have any objections?"

"The boss is right. It should be done. I don't have any objections." Even if Ding Zhongming had an opinion, how dare he raise it in front of Ji Feng, let alone in this new island lord's mansion, which is dedicated to Ji Feng. In the small conference room of the office building, there are still big figures such as Kim Tong Ho, Spark, and Li Xiumei sitting there.

The adjustment of several major enterprises this time is not only the integration of resources, but also a signal to these people that some of the functions of the government departments they assumed before will be deprived of them in the near future. It still directly belongs to the island owner's mansion, or is under the jurisdiction of the island owner's mansion, but the business rules in the future will be determined by the new government agency, not like the current situation. Whatever they want, they just need to report to Ji Feng and get his Approval will do.

Although doing this made them a little sad, after all, some powers are gone, and there are more managers on their heads, but they are not unacceptable, after all, companies in all countries are the same, not to mention that Ji Feng was originally a It is planned to be based on commerce and tourism. In the future, the influence of major enterprises in government agencies is still unlikely to be reduced too much, but the form has changed.

Ji's summit will also not be cancelled, it will be another level of decision-making body above the executive, legislative, and judiciary, and will help Ji Feng make many major domestic and international issues, allowing Ji Feng to have more time to do what he thinks things.

Ji Feng has never remembered his original purpose. He just wants to be a carefree island owner, leaving all other big and small matters to the people below to make decisions. As long as the strategy is controlled by himself, the rest of the time is spent. I will be able to practice better and explore in various channels.

The pace of business mergers and splits this time is still very big. In fact, among Jifeng Holdings or sole proprietorships, there are indeed several companies that are so large that they are a bit bloated. It can be said that it is time to not split or integrate. The key point is that many of the businesses under the group overlap. It is better to take out these overlapping projects and merge them into another enterprise group to develop independently.

As for the equity and cash transactions involved in the process of splitting and merging, most of them are guided by Jifeng's left and right hands, and there are not many that need to be paid to other shareholders, and according to the intention survey, these shareholders Most choose equity, and too few choose cash.

After all, no one is a fool, and in the past two or three years, they have indeed made a lot of money following Ji Feng. Only a fool would ask for cash at this time.

First of all, the first one that needs to be split off is the existing Jeju Bank.

Jeju Bank, as Jifeng's wholly-owned private bank, also performs the functions of the central banks of other countries, not to mention, even insurance and securities are all under its control, which has to be said to be too large, and Many of Jifeng's assets in other countries are also under the custody of Jeju Bank, and the number of these enterprises has increased with time, and the scale of assets has also increased.

It is not an exaggeration to say that the current Jeju Bank can definitely be ranked among the top ten giants in the world. Its total assets have exceeded 1.5 trillion Jeyen. Among these assets, other countries except Jifeng In addition to assets, the largest part of assets actually comes from private land.

As the legal and only bank in the private territory, Jeju Bank takes care of all the financial business in the territory. It can be said that it completely monopolizes all financial and related businesses in the private territory.

Although Jeju Bank's services and efficiency are quite good, this kind of monopolistic behavior has been criticized by the islanders, especially as more and more people from all over the world come to the private domain, and many of them are Having already obtained a two-year or five-year green card, and some foreigners are talents needed by various groups, their whole families have all immigrated to private territories. It had to attract Ji Feng's attention.

The Asian islanders don't dare to criticize Ji Feng, the island owner, but the immigrants from Europe and America are used to being free. They are not afraid of criticizing Ji Feng and causing trouble, and the opinions on the island have always been It is free, and even rallies and parades can usually be approved as long as they apply, even if these parades are to criticize the introduction of some policies of Ji Feng.

In fact, Ji Feng doesn't know the disadvantages of monopoly. Even if the company is wholly owned by himself, as the private territory becomes bigger and bigger, the scale of the company becomes bigger and bigger, and the bloated organization will also cause employees to slack off. With corruption and other issues, compared with other competitive markets, it is obvious that monopoly cannot last for a long time, not to mention that Jifeng does not intend to let one company monopolize an industry for a long time in private territory, and the necessary market competition still needs to be of.

Therefore, the existing Jeju Bank will be split into Jeju Bank, Sabah Bank, and Carat Bank for banking business, Jeju Insurance, Sabah Insurance, and Carat Insurance for insurance business, and Jeju Securities, Sabah Securities, and Carat Securities for securities business.

And each other is operating across the territory and across provinces. At the same time, Ji Feng has urged the Legislative Ministry to start drafting the "Securities Broker Law" and "Insurance Broker Law". The two different bills will be introduced and implemented in the first quarter of next year. The establishment of a stock exchange in the private domain will then be decided by the Ji Clan Summit.

After the establishment of its own stock exchange, in addition to the core Jeju Bank, Sabah Bank, Carat Bank, the three major insurance companies, and the three major securities companies will all be listed. All will be owned by islanders on the island, and bank shares will be subject to foreign trading restrictions.

The core Jeju Bank is still the largest bank, and at the same time it still exercises the power of the central bank, and the overseas banking business carried out before is still kept in this bank wholly owned by Jifeng. Lotte Credit Card will also be spun off from Lotte Group and put into Jeju Bank.

And the insurance industry will also shine brightly. Although the difference between the three major insurance companies is not too big after the spinoff, Carat Insurance will get the road expansion insurance that was spun off from the Fiat Group, making it instantly become the top three insurance companies. boss. (To be continued.)

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