Save the Bachelor of Heaven

   Chapter 2167 2169 [Ba Snake Tunxiang]

   "You helped me introduce your elder brother, and helped me complete this acquisition, making a great contribution. In fact, 300,000 yuan is not much." Chen Taotao laughed, "It's a pity, I only helped you get so much."

   "Okay, thank you." Fang Ting said happily, "It's great to cooperate with this boss, I wonder if you will continue to hire me?"

   "I'm afraid I won't be able to afford you in the future." Chen Taotao smiled and waved his hand.

   "Why?" Fang Ting asked puzzled.

   "Because I want to leave Tongbao Bank." Chen Taotao explained.

   "You want to leave Tongbao Bank? Isn't the president already arrested? You are about to be promoted to chief vice president. Why don't you choose to stay?" Xiang Nan asked.

  As Xiang Nan said before, the president of the securities department of Tongbao Bank did accept bribes from Chen Wanxian, so he deliberately stopped Chen Taotao's funds and provided Chen Wanxian with a large loan, so he has enough confidence to fight Chen Taotao.

   Now that things have been found out, the president was not only fired, but everyone was arrested. In order to reward Chen Taotao, Tongbao Bank also decided to promote him to the position of chief vice president, which is half higher than before.

"Tongbao not only failed to help me when I was in the most difficult time, but stabbed me with a knife. I will never forgive them for the rest of my life. I am going to start my own business." Chen Taotao said with a smile, "U.S. Tongbao betrayed me, and I will buy it sooner or later .”

   "Promising." Xiang Nan smiled, "How much money do you need to start a business, maybe I can support you."

   "That's right, I'll give you the 300,000 yuan too, can I be a shareholder?" Fang Ting laughed.

   Chen Taotao listened and nodded with a smile.

  …

   Later, under Chen Taotao's matchmaking and strong recommendation, Xiang Nan successfully won seven listed companies under Chen Wanxian at a price of 1.8 billion Hong Kong dollars.

  However, his shareholding in each company is only 25%, which is a relatively dangerous figure. Once being sniped, there is a high possibility of danger.

   Nevertheless, for Xiang Nan, this is still a very worthwhile business. After all, 1.8 billion earns 7 billion. Such a bargain is not often encountered.

  So he took the risk and took over the seven listed companies in one go, becoming the chairman of the Wanbang Department.

  Xiang Nan became famous overnight because of this, from an unknown to the hottest young rich man in Xiangjiang.

   First, it was because his rise was too fast. He had no such person in the business world before, but now he has become the chairman of the Wanbang Department, managing an industry worth nearly 10 billion Hong Kong dollars, in just a few days.

  Like a beggar on the street, suddenly wearing a yellow robe, ascending the throne and proclaiming himself emperor, it is just like a myth;

  Secondly, his origin is too mysterious. Because the speed of his rise was too fast, he had already risen quickly before people got to know him, so his information was still blank.

  Who he is, why he was able to win the Wanbang family, how he got rich, etc., all of this is still a mystery. The more mysterious it is, the more attention it will naturally attract.

   As a result, Xiang Nan became the person most enthusiastically reported by many Hong Kong media in November, which also made him famous, and he became a household name, known to women and children.

  …

  However, Xiang Nan didn't care about the attention of the outside world. After he took over IWC, he started a series of reorganization and integration in order to strengthen his control over the company.

  Xiang Nan holds only 25% of the shares, not to mention that he has not reached the level of holding, and he is not even considered the largest shareholder. He can sit on the chairmanship now, more importantly because of the support from Tongbao.

   But Tong Bao supported him because of Chen Taotao's recommendation. Now Chen Taotao is ready to resign. After resigning, he will soon lose his influence in Tongbao.

  So if he doesn't complete the reorganization as soon as possible and strengthen his control, he is likely to be kicked out.

  Xiang Nan has inherited Chu Tiankuo's financial investment experience. He is no stranger to the reorganization and integration of listed companies. There are many ready-made examples available, such as pyramid-style multi-layer holding chains.

  Pyramid shareholding structure means that the actual controller of the company forms a pyramid-style control chain through indirect shareholding to achieve control of the company.

  The company controller controls the first-tier company, the first-tier company then controls the second-tier company, and so on, and obtains the ultimate control over the target company through multiple levels of company control chains.

  The purpose of doing this is to control the most companies with the least amount of funds.

  For example, Xiang Nan holds more than 50% of the shares of Meridian, and then uses Meridian to control Wondershare Real Estate. In this way, although he only holds 25% of Wanxing shares, he can still control Wanxing Real Estate.

   By analogy, when he acquired the last of the seven listed companies, he only needed to spend less than one percent of the funds to control the entire company.

   To put it simply, Xiang Nan used the name of the holding company to hold shares, and the company paid for the shares to make up for his own lack of funds.

  Xiang Nan now has 25% of the shares held by each company, making it impossible for each company to achieve a controlling stake. In the future, pyramid-style holdings will be adopted. Although his funds are still so much, every company will achieve holdings.

   In this way, with 1.8 billion Hong Kong dollars, he controlled 7 billion assets in one fell swoop, and his net worth nearly tripled.

  When Chen Taotao heard Xiang Nan's actions, he couldn't help admiring him.

  Pyramid-style multi-level holdings are indeed the most suitable method for him now.

   "You hurry up to integrate. When you complete the integration, I will formally resign at that time." He said to Xiang Nan.

  Xiang Nan nodded, knowing his relationship with Fang Ting, it was only one step away from piercing the window paper. So Chen Taotao is naturally willing to help his uncle.

  …

  At the same time that Xiang Nan took down Chen Wanxian's seven listed companies, Ding Xie had already taken Long Chengbang to visit more than half of the treasure island.

  From Taipei to Taichung, from Taichung to Tainan, and then from Tainan to Pingtung...

  Although the weather in November on Treasure Island was cool and humid, the corpses of the two dogs still began to rot and deteriorate, giving off a strong stench.

  The key point is that clumps of maggots were born, white and fat, gurgling, which made Long Chengbang feel sick and have nightmares every night.

   "What on earth do you want, I really have no money." Long Chengbang said to Ding Xie.

   "Just keep your mouth shut." Ding Xie didn't believe it. He drove to a fishing village in Hualien to find the big head that he had injured.

  The big head is Zhou Jisheng's subordinate. Back then, Ding Xie ran to Baodao and was penniless, so he went to Zhou Jisheng for help.

  Zhou Jisheng lost tens of millions of Hong Kong dollars because Ding Xie injured Fang Jinxin.

   As a result, Ding Xie was so good at beating that he beat the big head until his whole body was paralyzed, and he was imprisoned for twelve years because of this. But Ding Xie never thought it was his fault.

  (end of this chapter)