Rebirth of the Republic of China: The Story of the Chaebol

Chapter 49 Split, and Continue Splitting (Part )

For Sun Tong, the separation of Huachen Company and Hanhai Company was at most an appetizer.

After all, although these two companies are large in scale, their business is not large, so it only took him one month to sort out the affairs of the two companies.

Compared with the previous two companies, Changqing and Huayou are the real tough ones.

There is no need to say much about the situation of Huayou Company. This company and Foxconn are the core of all Sun Tong's industries. Sun Tong has already made arrangements for Foxconn.

On the other hand, at Huayou Company, Sun Tong thought of many reform plans, but in the end he rejected all of them.

It is said that a single move can affect the entire body. The current situation of Huayou Company is a complete reflection of this statement. After all, Huayou has too many projects underway at the same time.

At the beginning, Sun Tong considered separating the grain company and the fruit processing company from Huayou Company. After all, on the surface, the business of these two companies had nothing to do with Huayou Company's other businesses. But in fact, it was precisely because Huayou Company controlled these two branches that many other tasks could be carried out smoothly.

For example, the immigration project, Huayou Company has not stopped this work yet. If the two city companies are really split up, it would be equivalent to the big boss Sun Tong taking the initiative to cause trouble for Carl.

In addition, the reason why Huayou Company can control so many areas in Africa is also related to the large amount of food in its hands.

Anyway, the current situation is that the two companies mentioned above cannot be separated from Huayou Company. As for Huayou Company's arms business, this thing itself is their main business and must not be touched.

The remaining real estate business can be separated. It happens that Uncle Sun's fast food company can no longer afford the high rent offered by Huayou Company. Now that the real estate market in various countries has recovered, there is nothing wrong in taking this opportunity to make a big transfer to Uncle Sun's fast food company.

In addition to the real estate company, Huayou's toy manufacturing business can also be spun off. Originally, Huayou made toys to help Xinghai Company as OEM. At that time, Xinghai had not yet started to expand overseas, so Huayou just helped with OEM.

But now that Sun Tong has decided to reorganize its industries, Huayou Company can completely return this business to Xinghai Company.

After the separation of these two industries, Huayou's bloated management structure has been reduced a lot. However, Huayou now has more than 160 businesses of various sizes and more than 70 branches. The separation of these two businesses is of no concern to the entire Huayou company.

But after analyzing Huayou Company's information again, Sun Tong had to admit that many of Huayou Company's businesses could not be divested now. At least before the immigration work was completed, it would be more useful for these companies to remain in Huayou Company than to be directly split off.

Sun Tong couldn't make up his mind how to deal with the problems at Huayou Company for a while, so after working on it for more than half a month, he put this part of the work on hold.

As for the last month of these three months, he basically used it to split up Changqing Financial Company.

Changqing Company has three business segments. The first is banking business, which is mainly done by Wells Fargo Bank. In the past, Wells Fargo Bank was too small, so it was always affiliated with Changqing Company.

After years of support from Sun Tong, Wells Fargo is now considered a large bank in the Ugly Country. It is not an exaggeration to say that it is the number one bank in the western part of the Ugly Country.

Since Wells Fargo has grown to this scale, there is naturally no need for Sun Tong to continue to register it under the name of Changqing Company, so Wells Fargo must be separated from Changqing Company this time.

In addition to banking business, Changqing Company also has financial business and investment business.

In fact, as early as three years ago, Changqing Company secretly acquired Goldman Sachs Bank under the order of Sun Tong, so when Changqing Company was split this time, the investment business of Changqing Company was directly incorporated into the name of Goldman Sachs.

As for Evergreen, as the parent company of Goldman Sachs and Wells Fargo, after the two main businesses were divested, the company has now become a pure financial company. Precisely because the business has become single, the company has become less prominent than before.

Next, Changqing Company's headquarters will be moved to Wall Street. After all, that is the future financial center of the entire world. What Sun Tong needs to do next is to completely hide Changqing Company behind the scenes. To achieve this, Changqing Company needs to set up a few more financial companies and put them in the forefront to attract the attention of the outside world.

Sun Tong already has a preliminary plan for this matter, but before that he has another thing to do, which is to support as many Chinese as possible in the Ugly Country. Currently, the Chinese are still too weak in the Ugly Country, and their influence is limited to the Chinese community. This is definitely not acceptable.

In Sun Tong's opinion, as long as the Chinese can be more united and have more say, even if they still cannot compete with the Angus and the Yutai in the Ugly Country, they will still have no problem controlling part of the say in the country.

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