Winning the new financial era

Chapter 469 The Penguin Defense Battle

Beijing.

Handing Group.

Hu Gang and Wang Xiaojie, the two founders of the company, started talking about the current situation of the company.

"What's the attitude of the China Securities Regulatory Commission?"

"We have been eyeing us and are investigating."

"Who is full and has nothing to do to do such a stupid thing?"

"I'm still in too much of a hurry, I'm making leeks anxious!"

……

Hu Gang waved his hand, "Let's not talk about this, the hands and ends are handled very cleanly, and no problem can be found no matter how hard we check."

He looked at Wang Xiaojie and asked, "How's the bank doing?"

Wang Xiaojie smiled wryly, shook his head and said, "It is said that our debt ratio is too high, exceeding 70%. In addition, the goodwill generated by the merger and acquisition is also too much, which does not meet the loan conditions."

"Damn it, we usually call ourselves brothers and sisters, but at critical moments, we can't even fart."

When he got angry, Hu Gang cursed directly in Sichuan dialect.

Wang Xiaojie comforted him loudly: "These people are unreliable, they are all icing on the cake, where is the timely help."

Hu Gang nodded, just now he was in a hurry and lost his sense of proportion.

After so many years of ups and downs in the officialdom and the business world, the essence of many friendships has long been seen through.

This group of people usually don't pay less for his filial piety. Seeing that Handing Group is in trouble, they all stay away from him. It's really a cold world!

"What are the total liabilities and short-term liabilities of the group now?"

Wang Xiaojie reported the figures accurately: "The total debt is 673.85 billion yuan, and the short-term debt is 381.6 billion yuan."

Upon hearing the number, Hu Gang closed his eyes, sighed and said, "How is the layoff going?"

"From 3869 people to 2893 people, in recent months, almost a thousand people have been laid off."

Hu Gang opened his eyes, showing a trace of cruelty, "Speed ​​up, optimize all departments that are not doing well, and carry out a big slimming."

Wang Xiaojie knew that he couldn't hesitate at this critical moment, and he didn't object. He nodded and said that he would speed up the layoffs.

"Nearly 400 billion short-term debts are not resolved, and there is always a sword of Damocles hanging above the head."

A trace of determination flashed in Wang Xiaojie's eyes, "I suggest, sell some assets."

"Sell assets~"

Hu Gang tapped his fingers on the table, hesitantly.Handing Group, a behemoth with total assets of [-] billion yuan, was created by him alone.

Although the debt ratio is a bit high, the net assets are more than 200 billion.

He believes that after this difficult time has passed, the newly acquired assets will start to have self-hematopoietic functions, and Handing Group will definitely reach a big level.

"Why are you still hesitating? Now is the time for a strong man to cut his wrist. If you continue to hesitate, many assets will depreciate, and the hanging rope of debt will become tighter and tighter."

Wang Xiaojie shouted, "We need cash now, a huge amount of cash!
As long as you get through this difficult period, the big deal is to buy it back in the future. "

Wang Xiaojie's loud scolding woke up Hu Gang from his dream of a [-]-billion financial empire. After all, a person who has been the director of the Securities Regulatory Commission still has some knowledge.

Hu Gang nodded, "You're right, if the green hills remain, you won't be afraid of running out of firewood.

Insurance and PE are the core businesses. Except these two cannot be moved, the others can be sold. "

After five years of rapid development, Handing Group has a total of public funds, securities, real estate, private equity investment, insurance, futures and other business sectors and financial licenses.

The core is FTLife Insurance and private equity investment, which together account for more than 80% of Handing Group's assets.

After the two reached a consensus, they began to discuss which assets to sell and to whom.

"Both securities and public funds are sold to Zhang Yida?"

Wang Xiaojie felt a little uncomfortable. Since his wings hardened, this little fellow didn't pay attention to them at all.

Whether it is borrowing money or inviting investment, or even selling off the loan, they have never given them a good face.

Hu Gang saw Wang Xiaojie's displeasure, and explained: "At that time, the shareholding agreement stated that both we and Ruixiang had the priority to repurchase the other party's equity.

Another one, there are not many companies that can spend tens of billions of funds at one time.

Ruixiang is rich, and Zhang Yida will definitely be tempted this time. He has been thinking about securities and public funds for a long time. "

"it is good!"

Wang Xiaojie is no longer a young man, he knows how to keep personal preferences out of his work.

As long as Ruixiang can afford it, it doesn't matter if it is sold to them.

……

"Both brothers, long time no see!"

At a golf club in Beijing, Zhang Yida met two brothers Hu and Wang who asked him to play golf.

"Yida, when will Ruixiang go public? I also used my private money to buy some stocks."

Looking at Hu Gang who was laughing and joking, Zhang Yida didn't seem to see the pressure of huge debts at all.

As expected of a private equity boss, this kind of determination is far beyond ordinary people.

"It's still early to go public, and we have to wait a little longer."

Wang Xiaojie said with a smile: "Still waiting? I heard that Meituan has plans to go public. This year's market is not bad, but it is a good time to go public.

I missed it, but I don't know how long I have to wait. "

Zhang Yida smiled and said nothing. Wang Xiaojie's words made sense, but he also had his own arrangements, so it was inconvenient to disclose the specific arrangements.

After coming to the golf course and playing a few shots, Hu Gang began to talk about the difficulties Handing Group encountered recently.

Zhang Yida understood all these situations, so he didn't interrupt, but listened quietly with his golf club on.

"Brother Yida, let me just say it straight. I want to sell you the shares of Hantai Fund and Hanzhou Securities."

Hu Gang smiled, "I also told my brother about the plight of Handing Group, don't you want to hit my brother Qiufeng?"

Zhang Yida waved his hand, "Brother Gang, what you said is serious, let's do everything according to the market price!"

This is not to show kindness, but Hu Gang and Wang Xiaojie are not ordinary people, and the broken ship of Handing Group can still hold on, and it will not sink for a while.

In addition, securities and fund licenses are also very popular in the market, and there is no shortage of fans.

Zhang Yida didn't want to force the two of them too much, and at the same time he didn't want to be taken advantage of.If it is sold at a reasonable price, no one will suffer.

After negotiating this matter, Wang Xiaojie interjected: "Brother Yida, do you have a futures, payment, and insurance brokerage license?
If you like it, let me know and give it to you. "

Zhang Yida's heart moved. He already had a payment license and an insurance brokerage license, but he lacked a futures license.

The futures business is quite dependent on the diversion of securities or trust companies, and the business scale is generally small.

After thinking for a while, Zhang Yida replied: "If the two brothers are willing to part with the futures license, we will take it too!"

Hu Gang had a calm and calm look on his face, but he was very helpless in his heart. These are all financial licenses that he spent several years of hard work collecting, and now they are all cheaper than Zhang Yida.

In finance, who doesn't have a dream of a financial holding empire?
After making up his mind, he no longer regretted it, and sold Zhang Yida a large number of shares in unlisted companies and A-share listed companies, and even real estate and communication equipment industries.

The current business of Handing Group is very complicated, and it has a foot in many industries.

But Zhang Yida was not interested in these industries at all, and declined all of them politely.

Hu Gang was very knowledgeable, and seeing that Zhang Yida was really not interested, he stopped trying to sell it.

After selling the shares of the three companies, Handing Group can also breathe a sigh of relief.

After reaching a consensus, Zhang Yida played ball with the two for a while.

Declining the dinner invitation of the two, Zhang Yida returned to the company and informed Rui to hold a meeting with the group's executives, and held a remote video conference with the shareholders.

At the meeting, Zhang Yida announced the resolution to acquire the remaining 51% shares of Hantai Fund and Hanzhou Securities, and 100% shares of Hanzhou Futures.

This resolution was supported by all executives and shareholders, because after the acquisition, the prototype of the sharp financial holding group of Ruixiang Group was fully formed.

Banking, securities, public offering funds, insurance, payment, insurance brokerage, insurance agency, fund sales, futures, Internet small loans, consumer finance, credit investigation, commercial factoring, financing guarantee...a total of more than a dozen financial licenses.

Except for the mainstream financial license of trust, and the niche pawn, financial leasing, auto finance, money brokerage, finance company, and AMC non-performing asset management, other financial licenses are all in place.

Restricted by some policies and regulations, some financial licenses are only for equity participation, and they are not the largest shareholder.

For example, Xingwang Bank.

However, the bank wealth management products launched by Xingwang Bank are selling very well on investment, financing and exchange, and at the same time, these funds are provided to Yongbai and Loanbai for lending.

Ruixiang's basic purpose of investing in Xingwang Bank has been achieved.

The next day, Ruixiang's due diligence team began to enter Hantai Fund, Hanzhou Securities, and Hanzhou Futures.

These three are financial companies. Compared with Internet companies, valuation is much easier.

In addition to looking at net assets, it is also necessary to compare the transaction prices of similar financial licenses in the market for evaluation.

Due diligence cannot be completed overnight, and it is estimated to be after the New Year.

Zhang Yida focused his attention on the game "All Army Attack".

After the failure of the stimulating battlefield, Penguin’s Tianmei Studio launched the same type of chicken-eating game “All Army Attack”.

Learning from the previous failure, Penguin has made a lot of game changes and optimizations.

The most coquettish thing is that Penguin actually launched all the skins, and you can give them away when you register the game, and you can also give them away when you invite friends.

Zhang Yida knew that Penguin was desperate, and gave away all Krypton Gold's big moves for free.

This shows that the penguins are almost at the end of their skills. Facing the aggressive PlayerUnknown's Battlegrounds, they must win a round and defend their position as the number one player in the game.

　Thank you Mr. Yi Yi Sheng Hui for your reward!
　　
　
(End of this chapter)