How Did I Become a God

Vol 2 Chapter 463: 1 bite to swallow

Jingzhou.

In the urban area, in the large conference room in the headquarters building of Haiyi Group, witnessed by a total of more than 20 people in the negotiation team of Phoenix, Haiyi, and Wang Baocai. The representatives of the three parties Cao Danqing, Tang Xuan, and Wang Baocai signed and confirmed that the "Haiyi Group's agreement.

At its peak, Haiyi Group was valued at US$12.5 billion in assets. It can be regarded as a relatively high-profile non-listed company in the market. Its main business areas are: chemical industry, foreign trade, finance, and minerals.

Jing Gao expressed his thoughts to Cao Danqing: Phoenix Group should not be involved in too many industries. This is a strategy of self-protection!

A consortium involved in multiple industrial fields will not end well in the country. The words are divided into two ends. On the one hand: the tree is so big that you should save more food for others. There are too many enemies, and sooner or later it will be over.

On the other hand, trying to become an existence similar to the Samsung consortium that affects the country’s economic lifeline is too long.

There are two things that stick can't avoid: Samsung and death. If the Phoenix Group really achieved this level, it is estimated that he would not be far away from entering. Successive heads of Samsung have been involved in lawsuits, and Lee Jae-yong is still being prosecuted.

For example, Alibaba looks like a giant with 25 business divisions and 7 business groups, but it is essentially an Internet company. Alibaba will not set foot in agriculture and heavy industry.

Tencent's main business is social networking and gaming.

From a normal business perspective, interlacing is like a mountain. There is no such thing as a company's repeated horizontal jumps in multiple industries.

Companies are trying to diversify because they don't want to put eggs in the same basket, looking for new profit points, and resisting market risks. This requires a lot of manpower and money to carry out constant trial and error.

And the problem of well height. As a Shenhao with unlimited cards, as long as he enters a certain industry, regardless of cost, he can definitely become the leader of the industry. It's nothing more than a matter of time!

Therefore, the restriction on him is that it is not a big problem for you to enter ten or twenty industries. You really have to expand too far, and the outcome is predictable. This is an implicit restriction on Shenhao. He had realized it before talking to Guo Siyue.

Therefore, Cao Danqing on behalf of Phoenix Group swallowed up 56% of the financial business of Haiyi Group's total assets. Funds, insurance, securities, and 9% of Jingzhou City Commercial Bank's shares, which are extremely lucrative, high-quality assets, were removed.

Haiyi Group had sales of 24.5 billion U.S. dollars last year, and the financial business contributed very much. Swallow this bite, Phoenix Group can be described as a tonic!

The Phoenix Financial Group Co., Ltd., which was established not long ago, is called the financial business group within Phoenix, and its business can immediately spread across the entire Handong. Next, is to expand to the capital, or to expand to the magic capital.

This is a completely different way for Alipay!

Phoenix Finance does not operate "small loans". Jinggao does not allow such functions as flower and borrowing to be activated. Before, he urged Ouyang Wan, a well-informed person in the partner's Magic City, to stop the business.

P2P Internet finance business is currently very popular, and Jing Gao has noticed it a long time ago. All national teams are admitted.

The specific gameplay is to use products like Yu'ebao to allow users to download apps of related companies to deposit money at a profit higher than the bank deposit interest rate. At the same time, these companies will release the money through small loans.

Jing Gao had communicated with Xiao Ma on the phone before. Tencent's WeChat payment adopts prudent financial measures. They need to improve the entire payment system, not financial innovation.

Jing Gao's idea is very simple: Since ancient times, how many loan sharks will end up well?

Wrap it with the discourse system of the Wei and Jin Dynasties: this matter is not decent!

Don't pack the loan shark so purely: if there is a demand for loans in the market, it is reasonable to exist. Take a look at the collection of campus loans, how many evil things are done?

Campus loans and long-term apartment rentals are essentially capital evil! Cut young people's leeks wantonly and drink their blood.

This is just like Jing Gao's request, the housing development of Xia Shang Real Estate is not allowed to have a public share. The number of squares stated in the contract is how many squares.

What are you doing with Li Cucumber? A large number of foreign countries do not share this method. Gentlemen love fortune, in a proper way. Can't you earn money with integrity and duty?

Here we need to introduce the shareholding situation of Haiyi Group. As a large enterprise with a value of nearly 100 billion yuan, with more than 100,000 employees, the organizational structure of Haiyi Group is undoubtedly very complicated. It is far from a simple linear structure such as parent company, subsidiary company, and grandson company.

Among them, there are various cross-shareholdings, equity incentives, and so on.

This has led to the complicated shareholding structure of Haiyi Group.

The equity of Haiyi Group and its subsidiaries can be roughly divided into the following after being sorted out by the Phoenix team: the largest shareholder, An Xiaoqian and the company controlled by her name, together account for about 65% of the shares.

The second largest shareholder is Galaxy Group, which holds approximately 15% of the shares. Wang Baocai, the second largest individual shareholder, is part of the small shareholders who betrayed An Xiaoqian in this coalition, accounting for about 18% of the total. Another 2% is employee equity incentives.

An Xiaoqian is still very loyal. When the Haiyi Group's capital chain was broken, Phoenix Group took over her shares and debts and injected capital to revitalize the Haiyi Group without affecting the equity of other small shareholders.

After Phoenix Group swallowed Haiyi Group's financial business, it also swallowed "foreign trade" and some properties and land assets of Haiyi Group in Jingzhou. In total, it accounts for about 10% of total assets.

Coordinate and squeeze all the equity of the remaining small shareholders to chemical and minerals. Minority shareholders who are unwilling to invest in purchasing their shares and liquidate them out.

Wang Baocai and his collaborators will control Haiyi Group's chemical and mineral assets. This is the benefit of "collusion."

Of course, the brothers clearly settled the accounts. Their financial resources are not enough to swallow this part of the assets. Phoenix Group holds 10% of each of these two businesses and the Bank of East Asia will grant them a loan of US$100 million.

The Galaxy Group’s 15% share is worth 1.875 billion U.S. dollars, and Phoenix Group bought it at an ultra-low price of 300 million U.S. dollars. Clear the influence of Yinhe Group from Haiyi Group.

This is only when Ren Xu came to talk.

"Sign it!"

At the conference table ~www.ltnovel.com~, Cao Danqing picked up the signature pen prepared for her by the assistant, and scribbled her name on the documents.

Cao Danqing signed Ren Xu’s transfer agreement with him this morning, and he is not here.

Tang Xuan sat beside Cao Danqing expressionlessly, took the documents handed over, and signed the agreement calmly.

On the other side, Wang Baocai smiled like Maitreya Buddha, signed it with a smile, and handed a copy of the document to his assistant, saying, "Okay."

"Flap!"

There was a round of applause in the conference room that was not warm but relaxed. The reason for the lack of enthusiasm is that no one is willing to emotionally accept the reality that Haiyi Group was swallowed by Phoenix Group.

But everyone has to face reality.

Now they are subordinates of Phoenix Group!

At this point, Haiyi Group's matter is over.

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