Extraordinary Genius

Chapter 973 Taihua Holding Group

Establishment of a holding company, a plan that Feng Yu already had. When there are too many investment firms, management becomes difficult. By centralizing these shares in a holding company, it is easier to manage them, simply by providing policy guidance and control over the holding company, and the specific business operations are completely non-participatible.

The world's most famous large companies, basically holding companies, such as Axel, are affiliated with the Rockefeller Consortium, and there are several companies operating specifically below.

Moreover, by establishing such companies, financial capital can control or even manipulate other enterprises whose capital exceeds several times their own wealth, by using assets as a bond, linking firms closely together, and holding firms, as well as independent legal personality.

Another great advantage is that there is a certain amount of convenience and reasonable tax avoidance on taxes.

The advantages of a further enterprise could create good complementarity and avoid some legal limitations.

However, Feng Yu thought about it carefully. It seems impossible to set up a holding company. There are too many industries. One should be set up domestically, one should be set up abroad, and the assets at home and abroad can be managed separately. To some extent, it can also increase the resilience to risk.

“Old man, where's Seoul? Well, I need to talk to you about something.” Feng Yu flew to Seoul after informing Zong Qingxian by telephone.

……

“President Feng, what's the rush? Something wrong with overseas sales? ”

“That's not there. Let me tell you two things, first of all, it was agreed that Lehaha would sell me the Lehaha shares, and I would sell you the Lehaha shares held by Lehaha. ”

“Sure, we can trade anytime.” Zongqing had money first, but did not live a luxurious life, just saving money, waiting to buy back shares of Lehaha in exchange for Jianbao.

“Second thing, I'd like to invite you to join Taiwan Holdings! ”

Taihua Holdings Group? Zongqing frowned first. If you hear the name, you'll know it's Feng Yu's company again. But what does this company do? Why did you invite me?

“President Feng, I don't quite understand. ”

“I intend to consolidate the shares of a domestic company into the name of a company, but I don't have time to manage the company, so I'd like to ask you to be president of the company. ”

“Are you talking about shares in companies used in your country? ”

“Yes, all of my shares in domestic companies, including some overseas investments, are concentrated in the name of Taihua Holdings, and even Taihua Holdings can have its headquarters in Seoul for your convenience. If you wish, you can also inject your shares in this company in exchange for some shares. ”

Domestic people, Feng Yu thought for half a day, only two people are more suitable, one is Liu Jianzhi and one is Zongqing Xian. Even thinking that we are in a high-speed development period at this time, there are many places that need Liu Jianzhi. Lehaha is different, Zongqing can be a handshake first.

“What companies are included?” Zongqing had some moves in the beginning. If he could manage all Feng Yu's industries, it would also be beneficial for the development of Lehaha, and he could also share the profits of other companies.

“Lenovo Group, Windstorm Electronics, Windstorm Electronics, EWA Electronics, EWA Xiaobao, Lehaha, Huaxia Beverage Group (Jinbao), Taihua Supermarket, Iceland Machinery Company, Icetown Pharmaceutical Group, Quanjude Group, Taihua International Trading Company, Taihua Agricultural Byproduct Company, Taihua Battery Company, Windstorm Design, Windstorm Security, Taihua Consulting Company and all other industries, including my father's industry, as well as the Grand Alliance for Beverages Abroad, including the electronic factory in Eastern Europe. ”

Zongqing was startled. Are all the shares of these companies controlled by this Taihua holding? In this way, Taihua Holdings will become a giant business, or Huaxia's number one private group company! I just don't know if the word "private" can be removed.

But Zongqing counts, as if he held a little Lehaha shares, once injected into Taihua Holdings, there are too few shares available.

Some of these industries have higher profits in Libya, but others are less profitable. Taken together, Zong Qingxian is not a loss.

And since then, he has managed so many large companies, and his position will certainly rise to another amazing level.

“How about, Zong, join in, you inject in your controlled Lehaha shares, and I'll compensate you for some of the management shares, this Taihua holding, you'll hold two percent of the shares! ”

Two percent?!

According to Zongqing Xian's estimation, his shares in the Lehaha Group were worth just over one percent of the value, and Feng Yu almost doubled it to prove Feng Yu's sincerity.

“Mr. Feng, a little too much, right? ”

“Not much, your talent, worth it! But in the future, you'll have to work harder. So many companies have to deal with more jobs every day than Le Ha Ha. Ten years, you help me. Ten years from now, I'm going to choose a new successor, and then I'm going to retire, depending on your opinion. ”

“Why me? I remember that your brother-in-law runs a good business, and many of the companies you hold have good management talent. ”

“Because I think you're the right person, whether it's ability, experience, character, connections, status, etc., you're one of the right people. ”

One of the most suitable people? Zongqing asked curiously, “If I don't agree, who else are you going to go to? ”

“If you don't agree, I'll go to Liu Xianzhi and convince him to even leave to help me, but I'm inviting you now.” If Liu Xianzhi doesn't agree, then we can only try to cut Yongping's ability.

“President Feng, how much power do I have over this company? ”

“It does not involve changes in subsidiaries' shares and you have full decision-making power. It's the same old rule, I don't interfere with the company's operations, the company's management can be appointed by you, I'm only stationed as a treasurer. ”

Feng Yu gave full power to Zongqing first, which did not occur to Zongqing first. Unlike at the beginning of Lehaha, Lehaha was founded by his Zongqing. Feng Yu joined the stock and was understandably not involved in the management. However, Feng Yu was the founder of Taihua Holding Group, and Feng Yu was an absolute shareholder, so deserving of waiver!

Feng Yu sat opposite Zongqing first, fingers slowly tapping the sofa armrest, waiting for Zongqing to make a decision first. He believed that such generous conditions were enough to impress Zongqing first.

“President Feng, Taihua Holding Group is not suitable in Hangzhou, it is more suitable in Magic City or Beijing City.” Zongqing looked up first and said.

Feng Yu Daxi: “Ancestor, did you promise? ”

“On such good terms, how could I refuse? Looks like my job is going to change again.” Zongqing smiled first and said.

“Ha ha ha, you can recruit some more deputies or assistants or something, the company doesn't pay that much less. And the job is good, there's a big bonus at the end of the year, I said! ”

……