Chapter 464 Swallow

Jingzhou.

In the urban area, in the large meeting room in the headquarters building of Haiyi Group, more than 20 people from the negotiating team of Fenghuang, Haiyi, and Wang Baocai witnessed the three parties. Representatives of the three parties, Cao Danqing, Tang Xuan, and Wang Baocai signed, confirming the "annexation" Haiyi Group's agreement.

At its peak, Haiyi Group was valued at US$125 billion.It is a relatively eye-catching old non-listed company in the market.It is involved in multi-distance management, and its main business areas are: chemical industry, foreign trade, finance, and mining.

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

A consortium involved in multiple industries will not end well if it appears in China.The words are divided into two parts.On the one hand: the big tree attracts the wind, so you should leave more food for others.Make too many enemies, 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 to think that one's life is too long.

There are two unavoidable things in Bangzi: three stars and death.If the Phoenix Group really managed to reach this level, then he might not be far away from entering.The successive leaders of Samsung have been involved in lawsuits, and Lee Jae-yong is still being sued.

For example, Alibaba may seem like a giant, with 25 business divisions and 7 business groups, but it is still an Internet company in essence.Alibaba will not set foot in the direction of agriculture and heavy industry.

Tencent's main business is social and gaming.

From a normal business point of view, interlacing is like a mountain.There is no such thing as a company jumping repeatedly in multiple industries.

Enterprises are trying to diversify because they don't want to put all their eggs in one basket, look for new profit points, and resist market risks.This requires a lot of manpower and capital to carry out continuous trial and error.

And the high problem.As a Shenhao with unlimited cards, as long as he enters a certain industry, regardless of the cost, he will definitely become the leader of the industry.It is nothing more than a matter of time!

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

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Therefore, on behalf of Phoenix Group, Cao Danqing swallowed up the financial business accounting for 56% of Haiyi Group's total assets.The funds, insurance, securities, and 9% shares of Jingzhou City Commercial Bank, which are extremely profitable and high-quality assets, were transferred away.

Haiyi Group's sales last year were 245 billion US dollars, and the financial business contributed a lot.Swallow this one mouthful, the Phoenix Group can be described as a great tonic!

Phoenix Financial Group Co., Ltd., which was just established not long ago, is called the Financial Business Group within Phoenix, and its business can be spread all over Handong in no time.Next, it is to expand to the capital, or to expand to the magic capital.

This is a completely different way of Alipay!
Phoenix Finance does not operate "micro-loans".Jingao does not allow functions such as Huabei and Borrowing.Before, he urged his partner, Ouyang Wan, a well-informed source in Shanghai, to stop the business.

P2P Internet finance business is very popular at present, Jing Gao noticed early on.All national teams are in.

The specific method is to use products such as Yu'e Bao to allow users to download the relevant company's App to deposit money at a rate higher than that of bank deposits.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 sound financial measures. What they need is 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 well in the end?
Use the discourse system of the Wei and Jin Dynasties to wrap it up: this matter is not decent!
Don't make usurious loans so pure: there is a demand for loans in the market, and their existence is reasonable.Look at the collection of campus loans, how many evil things have been done?
Campus loans, long-term rental apartments, these are essentially the evil of capital!They wantonly cut the leeks of young people and drink their blood.

This is just like Jing Gao's request that the residential buildings developed by Xiashang Real Estate are not allowed to have shared shares.How many square meters are written in the contract, that is how many square meters.

Why do you learn from Li Cucumber?Many foreign countries do not have the practice of sharing shares.Gentlemen love fortune, in a proper way.Is it okay to earn money honestly and dutifully?
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Here we need to introduce the equity of Haiyi Group.As a large enterprise worth nearly 10,000 billion yuan, with [-]+ 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 leads to a very complicated shareholding structure of Haiyi Group.

After sorting out the equity of Haiyi Group and its subsidiaries, Phoenix's team can roughly divide it into the following: the largest shareholder, An Xiaoqian, and the companies under her name account for about 65% of the shares.

The second largest shareholder is Galaxy Group, accounting for about 15% of the shares.The second largest individual shareholder, Wang Baocai, partly betrayed An Xiaoqian's minority shareholders in this alliance, accounting for about 18% in total.Another 2% is employee equity incentives.

An Xiaoqian is still very loyal.In the event that Haiyi Group's capital chain is broken, Phoenix Group will take over her shares and debts, inject capital into Haiyi Group, and will not affect the equity of other minority shareholders.

In addition to swallowing the financial business of Haiyi Group, Phoenix Group also swallowed "foreign trade" and some properties and land assets of Haiyi Group in Jingzhou.Converted together, it accounts for about 10% of the total assets.

Coordinate and squeeze all the equity of the remaining minority shareholders into chemical and mining industries.Unwilling minority shareholders contribute capital to buy their shares and clear them out.

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

Of course, the brothers will settle accounts clearly.Their financial resources are not enough to swallow this part of assets.Phoenix Group has a 10% stake in each of these two businesses and the Bank of East Asia will grant them a loan of US$1 million.

The Galaxy Group's 15% stake is worth US$18.75 billion, and the Phoenix Group bought it at an ultra-low price of US$3 million.Clean up the influence of Galaxy Group from Haiyi Group.

This is why Ren Lie came to talk about it.

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"Sign it!"

Cao Danqing was at the conference table, picked up the signature pen prepared by her assistant, and wrote her name on each document.

Cao Danqing signed the transfer agreement with Ren Lie in the morning, but he is not here.

Tang Xuan sat next to Cao Danqing expressionlessly, took the document and signed the agreement calmly.

On the other side, Wang Baocai smiled like a Maitreya Buddha, signed with a smile, handed the documents to the assistant, and said, "It's done."

"Clap!"

There was a burst of applause that was not enthusiastic but relaxed in the meeting room.The reason for the lack of enthusiasm is that no one is willing to emotionally accept the reality that Haiyi Group has been swallowed by the Phoenix Group.

However, everyone has to face reality.

Now, they are subordinates of the Phoenix Group!

So far, the matter of Haiyi Group is over.

(End of this chapter)

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