Extraordinary Genius
Chapter 1778: Retail Market Cleaning
Taihua Supermarket Group Loans, combined with the capital contribution of several of their shareholders, enabled Taihua Supermarket Group to raise enough funds to acquire the Good City Multimarket Group.
Together with Feng Yu's injection of polar bear supermarket group shares into the Taihua supermarket group, the rapid growth of the Taihua supermarket group was accompanied by changes in shares.
Taihua Holding Group is also the first major shareholder of Taihua Supermarket Group. Among them, Feng Yu and Fu Guangzheng have long converted their shares into shares of Taihua Holding Group. However, Fu Guangwei, Li Zeyuan and Li Superman still hold individual shares. Fu Guangwei has also become the second largest shareholder of Taihua Supermarket Group. Li Zeyuan's shareholding percentage has also increased, while Li Superman's shareholding percentage has decreased somewhat.
In the absence of competition from Taihua Holding Group, Fu Guangwei became the chairman and CEO of Taihua Supermarket Group, Li Zexuan they became the directors, these guys controlled 95 percent of the shares of Taihua Supermarket Group, and about 5 percent, held by some other executives.
Although Taihua Holding Group still does not have absolute control of Taihua Supermarket Group, the shareholding percentage also rose to 61 percent, this Taihua Supermarket Group will never be out of Feng Yu's control.
Some columns of asset restructuring have not been fully publicized. After all, neither Taihua Holdings Group nor Taihua Supermarket Group are listed companies, and there is no need to disclose everything.
However, the taihua supermarket group's acquisition of many supermarkets in the good city of miguo has been announced and has caused a shock in the industry.
It turns out that this Taihua supermarket group has an irreversible relationship with the Polar Bear supermarket group, and if the two supermarket groups merge again, they will be closer to Wal-Mart again.
Although the Polar Bear Supermarket Group is not particularly large, its annual turnover is just over 40 billion euros. And a lot of people don't know that Polar Bear Supermarket also has online shopping malls, and if this is included, Polar Bear Supermarket Group will have higher turnover.
But this supermarket group was founded by Kirilenko and Feng Yu. If each of them took out another sum of money and acquired one or two large supermarket chains, it could probably expand to hundreds of billions of dollars.
Then merge with Taihua Supermarket Group, Wal-Mart, the world's number one retail giant, the world's top 500 first place, will be shaken!
If you can be the number one in the world, then you're not a big shareholder, and perhaps some people are willing to accept it. Besides, the whole world knows how good Feng Yu's relationship with Kirilenko is.
It would be horrible if the two merged retail businesses.
Wal-Mart is also very worried about this, especially as Wal-Mart lost a lot this year.
Don't look at Wal-Mart as a retail group, but their investment in finance is also very high.
Simply because the supermarket has a very high cash retention rate, the products are supplied at the beginning of the month, they are settled at the end of the month, and the suppliers are ready to make up for Wal-Mart's requirements.
Who makes Wal-Mart the number one in the world, and they can't piss it off?
So Wal-Mart's daily cash income is an astronomical figure, and it's not going to be invested, it's going to stay on the books?
So Wal-Mart actually made a lot of other investments, but they were also linked to their retail. Holding shares in shopping malls, acquiring retail groups, etc.
Of course, they also make some financial investments, but on a small scale. But even on a small scale, Wal-Mart lost a lot this year when the US financial markets performed so poorly.
Moreover, the severe economic downturn in North America, which has even dragged many countries and regions around the globe, has led to a decline in overall turnover in Wal-Mart.
Even Wal-Mart plans to close some overseas stores this year to reduce risk.
Previous Wal-Mart's sales in the next three or four years have fallen sharply. It was said that people's purchasing power had declined as a result of the financial crisis.
Others say it was influenced by online shopping. How many customers did an Amazon rob?
But anyway, the next few years will be Wal-Mart's period of recession, but this doesn't have much impact on Taihua Supermarket Group, and Huaxia's market is still growing rapidly.
For example, in addition to Taihua Supermarket Group, there are two supermarket chains with more than a thousand stores at this time, called Lianhua, Hualian, and more than 500 stores such as Huarun Wan, Su Guo, Wu Mei, Good and More. However, none of these supermarkets can compare to Taihua Supermarket, let alone Taihua Supermarket.
It can be said that the supermarket boom in Huaxia is no worse than in North America, Europe, etc., because Huaxia is more densely populated and the economy is still growing rapidly.
With economic growth, purchasing power grows, and retail becomes more developed naturally.
There are even people who specialize in 24-hour convenience stores, larger chains and more stores, mainly in residential neighborhoods where business is very good.
Wal-Mart considered it a long time ago and finally decided to acquire Huaxia's good and multimarket group, which has more than 500 stores at this time, although not particularly large, in a very good location and with a mature management model, will certainly not lose after taking over.
If Wal-Mart's management model were introduced, coupled with Wal-Mart's channel of purchase, costs would certainly fall and profits would increase somewhat.
Then add Wal-Mart brands to this supermarket and promote Wal-Mart, the world's number one brand, and it won't be too hard to expand.
Moreover, good and high debt ratios, the inevitable result of too fast expansion, and the intention of those shareholders to sell.
Feng Yu was also somewhat surprised when the news broke out that Wal-Mart was about to acquire many groups.
Without checking, Wal-Mart is actually going into the Huaxia market. Having tried so hard to keep international supermarket giants like Wal-Mart and Carrefour out of their doors, it now appears that they are looking for a new way.
At last, Feng Yu's biggest concern is that the international retail giants will surely imitate it. Is Huaxia's market about to enter the era of hunting for deer?
In that case, then the Taihua Supermarket Group doesn't have to be polite. Those who are willing to sell the business to companies abroad might as well be annexed by Taihua Supermarket Group.
Even Feng Yu can integrate resources into Huaxia supermarkets with a United Nations-funded retail group. Feng Yu is not willing to let foreign investment take advantage of this discount, even if it is a supermarket group that gives profits to state-owned capital!
Feng Yu immediately asked people to investigate, which is to contact the large retail companies to see if they have foreign investment contacts to acquire their businesses.
This investigation surprised Feng Yu.
So many retail groups have entered the Huaxia market in a joint venture model.
Those overseas retail groups, invested in capital, management and purchase channels, succeeded in taking half of the shares in many enterprises, and the Huaxia market has been invaded by these retail groups.
Feng Yulu sneered. Looks like Huaxia's retail market is time to re-wash the cards!
……