Rebirth of the Strongest Tycoon
Vol 2 Chapter 604: Consortium formation
This night, Xia Yu took Li Qian and Li Wuming to Elena’s house. Henry, who had not been notified by his sister, suddenly saw Xia Yu and others appearing, especially when he saw Li Wuming, he jumped excitedly. Then excitedly pulled Li Wuming to show the results of his efforts.
The next day, Gerald Pat learned that Xia Yu had come to London, and made a special call to Xia Yu, and took the initiative to invite Xia Yu to eat at his house. With such an attitude, Xia Yu was satisfied and he gladly agreed to go.
Later, Xia Yu came to the headquarters of Huashang Bank, and Wu Hongyi specially invited him to tell him the specific process of the formation of the Chinese business consortium.
"Tuk Tuk!"
Entering the Huashang Bank, Xia Yu went straight to the door of Wu Hongyi's office. Because the office was not closed, he saw Wu Hongyi who was immersed in work at a glance. He knocked on the door and then walked in.
Wu Hongyi blinked his sour eyes and raised his head to see Xia Yu approaching with a smile. He was refreshed and stood up happily and walked towards Xia Yu.
"Xia Yu, long time no see!"
"Hongyi, I haven't seen you for more than a month. Seeing you have experienced a lot of vicissitudes and pressure?"
Wu Hongyi smiled bitterly, sighed and said, "It is indeed a lot of pressure, but the reason is that I am less experienced. Compared to the beginning, it is better now."
"Thank you!"
Xia Yu patted his arm and said sincerely.
Wu Hongyi smiled freely and said: "The gain is far greater than the effort, and I will enjoy it no matter how hard it is."
"Haha..."
"Come on, sit down first, look at my documents."
"it is good!"
Xia Yu sat on the sofa and saw Wu Hongyi took out the key to open the safe in the corner, took out a thick pile of documents from it, and walked over and placed it on the small round table next to the coffee table.
"Let's take a look first. This is a total of nine equity contracts of the corresponding companies that have been replaced after more than a month."
After that, Wu Hongyi made tea on his own.
Xia Yu was not polite, picked up the top contract and looked at it.
"Shusha..."
After looking at the documents, Xia Yu kept thinking and analyzing in his mind, and occasionally paused to drink tea.
Wu Hongyi didn't bother and looked at Xia Yu quietly, while sorting out his thoughts, preparing to talk to Xia Yu about the details of the preparation of the Chinese business consortium later.
Nine companies, large and small, are distributed in various industries. There is only one in one industry. These nine companies will be the core companies of the Chinese business consortium in the future.
Wu Hongyi didn't pay any money, but simply replaced these companies with shares of China Commercial Bank.
Soon after Xia Yu left London, Huashang Bank completed the privatization process. The equity ratio was 64%. The Wu family occupies six floors and Xia Yu occupies four floors. The total equity of Huashang Bank is 10 million shares.
The stocks exchanged with other companies belong to the additional issuance of Huashang Bank. This model is conducive to Wu Jia and Xia Yu's control of Huashang Bank, and it is also more convenient to exchange shares.
Every company that wants to join must take out the company's equity with a value higher than the stock offered by Huashang Bank without paying a penny, so as to prevent Wu Jia and Xia Yu from losing money.
For example, assuming that 500,000 shares are added, the total equity of Huashang Bank becomes 10.5 million shares, Wujia’s equity ratio will drop from 60% to 57.1%, and Xia Yu’s equity ratio will change from 60% to 57.1%. 40% dropped to 38.09%, and new shareholders accounted for 4.76%.
Originally, the 4.76% of the equity belonged to the Wu family and Xia Yu, but now it has become a new shareholder. It stands to reason that the new shareholder should give the Wu family and Xia Yu money, but now there is no need to give money, only the equity replacement .
After the equity replacement, it belongs to the three shareholders, that is, part of the interests belong to the new shareholders.
Therefore, the new shareholders must take out shares of the corresponding company whose value is higher than the 4.76% equity of Huashang Bank, so as to ensure that the interests of Wu Jia and Xia Yu are not violated.
After the second company replaces its shares, and then issues new shares, the ratio of the original three shareholders' equity will fall again.
In this way, as each company's equity is replaced, the total value of Huashang Bank will rise by a notch.
Moreover, after each company replaces its equity, the condition is that the liquidity goes to the account of Huashang Bank, which makes the assets of Huashang Bank continue to rise and the value continues to rise.
Companies that join later will either take out more equity or choose less equity in China Commercial Bank.
But everyone knows that as soon as the Huashang Consortium was established, the value of Huashang Bank was infinite, so the Wu family and Xia Yu had the final say on how much equity it took out.
After the replacement of the nine companies, the total equity of Huashang Bank has become 12.1 million shares, the shareholding ratio of the Wu family has dropped to 49.58%, and the shareholding ratio of Xia Yu has dropped to 33.05%. The stock is 2.1 million shares.
The nine companies collectively hold 17.35% of the equity, and the largest one will not exceed 3%.
And as more and more companies join in, if the companies that have joined in the front want to ensure that their shareholding ratio does not drop, they need to get the consent of Wu Jia and Xia Yu before they can take out their own company’s equity replacement again, and will not accept any capital purchases. Share application.
The Huashang Bank is the core of the Chinese business consortium in the future. The meaning and value of stocks are no longer limited to pure asset value. Unless Wu Jia and Xia Yu are stupid, they will exchange it for money.
In the previous discussions between Wu Hongyi and Xia Yu, in order to ensure that the control of the Chinese business consortium would not be taken away by outsiders, to be conservative, the combined equity of the two parties should be more than 51%, preferably between 55% and 60%. between.
Now that 17.35% has been replaced, there is still room for 22.65% to 27.65%. It is no problem to absorb 15 more companies.
The two have already negotiated that the number of core companies at the start of the Chinese Business Consortium is the best in more than 20.
Xia Yu put down the last document, took up the tea and drank it, and said with a slight emotion: "Hongyi, we have completed nine companies in more than a month, and the efficiency is really high!"
Wu Hongyi laughed and said: "The main reason is that the general trend is on our side. The CEOs of the companies I looked for, after I drew them the pie of the Chinese business consortium, none of them could bear the temptation. The only difficulty was that The value and ratio of equity replacement."
"The initiative is on our side, they are not stupid, even if it is to defeat competitors, they will rush to join."
"You just came back and don't know the situation. Now that we are taking the lead in preparing for the establishment of a Chinese business consortium, it has spread among Chinese businessmen. I don't have to take the initiative to find it. Those companies take the initiative to find it, and the threshold will be crushed."
Hearing this, Xia Yu also smiled, and the current situation is the same as he had previously expected.
In fact, the same is true. Although there are five or six banks established by Chinese in the UK, the one that can be well-known in the UK is the Chinese Commercial Bank. The others are small and unknown banks.
Only the Wu Family and Huashang Bank are qualified and capable to form a consortium.
So this is the only boat that British Huasheng can board.
Chinese businessmen are not qualified to go on the British ship. Even if they move in, they will be eaten up. They are doomed to a dead end.
Everyone used to swim across the river~www.ltnovel.com~ Suddenly my competitor crossed the river by boat. As time goes by, there is a high probability that swimming will be drowned.
The value of this ticket can be imagined!
Those who are not rushing to join can only say that their vision is not long-term enough, and that such people will be eliminated from the market sooner or later.
"Hony, according to the current situation, the Chinese Business Consortium will be established in the second half of this year."
“Absolutely, there is no need for us to ask for someone to join. The efficiency is very high. Even if I improve my efforts, I can screen out more than a dozen companies in two months at most. After the core company is set, the consortium manager meeting can be formed.”
Xia Yu nodded slightly, remembering Ye Huanrong’s previous request when he called himself, and said to Wu Hongyi: “By the way, Hongyi, Ye Huanrong’s Rongye industry has great potential, and he will be absorbed by his company.”
Wu Hongyi nodded: "Okay, Rongye Hong has submitted an application. Because of its smaller size, it is temporarily ranked behind and has not yet been reviewed. I will resolve it these days."
He also knows that Xia Yu invested in Rongyehang. As far as he knows, among all Chinese business enterprises in the UK, Xia Yu only invested in Rongyehang. Even if Xia Yu does not mention it today, he will absorb Rongyehang later. Come in.
Now Xia Yu mentioned it, natural and special affairs.
"Xia Yu, I have some questions for you to consult..."
Afterwards, Wu Hongyi consulted Xia Yu about the problems encountered in the formation of the consortium. During the discussion between the two, Chinese businessmen came to the door from time to time, while Xia Yu sat quietly and had tea and let Wu Hongyi play.
Unknowingly, the morning passed. After eating at the Phoenix Building at noon, Xia Yu went to the Galaxy Fund to check the British business information collected by Liu Xiao and others, looking for opportunities to make a fortune.
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