How did i become a god

Chapter 464 - Swallowed in One Bite

Beijing State.

In the city, in the large conference room of Haiyi Group's headquarters building, in the presence of the negotiation team of Phoenix, Haiyi and Wang Baocai, totaling more than 20 people, the representatives of the three parties, Cao Danqing, Tang Xuan and Wang Baocai, signed to confirm the agreement of "annexation" of Haiyi Group.

At its peak, Haiyi Group's assets were valued at $12.5 billion. It is one of the more notable old unlisted companies in the market. Its main business areas are chemicals, foreign trade, finance and minerals.

Jing Gao has expressed his thoughts to Cao Danqing: Phoenix Group should not be involved in too many industry areas. This is a strategy of self-preservation!

A consortium involved in more than one industrial field appears domestic is not going to end well. The words are divided into two ends. On the one hand: a big tree attracts the wind, to leave more mouths for others to eat. If you make too many enemies, sooner or later it will be over.

On the other hand, trying to become a national economic lifeline similar to the existence of the Samsung Foundation, that is too long to live.

Rod all in one can not avoid two things: Samsung, death. Phoenix Group really do and this degree, then he is not far from going in the estimate. Samsung successive generations of the head of the lawsuit, Lee Jae-yong is still being prosecuted.

For example, Alibaba looks like a behemoth, with 25 business units and 7 business groups, but it is still essentially an Internet company. Alibaba will not venture into agriculture or heavy industry.

Tencent's main business is social and games.

From a normal business point of view, a business is as different as a mountain. There is simply no such thing as a company jumping repeatedly across multiple industries.

Companies try to diversify because they don't want to put their eggs in the same basket, look for new profit points and resist market risks. This requires a lot of manpower and money for constant trial and error.

And the problem of well high. As a godsend with unlimited cards, he just needs to enter a certain industry, regardless of the cost, can certainly become the industry leader. It's just a matter of time!

So the limit for him is that you enter one or twenty industries with little problem, you really want to expand too far, the end can be predicted. This is an implicit restriction on Shenhao. He was aware of it before he talked to Guo Si Yue.

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Therefore, on behalf of Phoenix Group, Cao Danqing swallowed the financial business that accounted for 56% of Haiyi Group's total asset share in one bite. The extremely lucrative and high quality assets of funds, insurance, securities and 9% of shares of Beijing State City Commercial Bank were scratched away.

Haiyi Group's sales last year could be $24.5 billion, and the financial business contributed a lot. This bite swallowed, Phoenix Group can be said to be a big supplement!

The Phoenix Financial Group Co., Ltd, which was established not long ago, is called the financial business group within Phoenix, and its business can immediately spread throughout the entire Han Dong. Next, is the expansion to the capital, or to the magic city.

This is a completely different path for Alipay!

Phoenix Finance does not operate "small loans". What flowers, chanting and other functions, well high not allowed to open. Before that, he persuaded his partner Ouyang Wan, a well-informed person in Magic City, to stop this business.

The P2P Internet finance business is very hot at the moment, and Wells has long been aware of it. The national team are entering.

The specific way to play is to use products such as balance of money to get users to download the relevant company's app to deposit money at a higher return than the bank deposit rate. At the same time these companies will put the money out by way of micro-lending.

Jing Gao had an exchange with Xiao Ma on the phone before. Tencent's WeChat Pay, which takes sound financial measures, is what they need to improve the entire payment system, not financial innovation.

Jing Gao's idea is very simple: since ancient times, loan sharks, how many of them can end up in a good place?

Wrapped in the discourse system of the Wei-Jin period: the matter is not decent!

Don't package the loan sharks how pure: the market has a demand for loans, existence is reasonable. Look at the situation of those campus loan collections, how much evil-doing?

Campus loans, long term rental apartments, these are essentially capital in evil! In the wanton cutting of young people's leeks, drinking their blood.

This is like the well high demand, summer business real estate development of residential, are not allowed to have a common share. How many square feet is written on the contract, that is how many square feet.

What do you learn Li Cucumber? A large number of foreign countries are no public share of this method of engagement. A gentleman loves money, take the right way. Good faith, the money earned by the money can not be?

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Here it is necessary to introduce the shareholding situation of Harbourfront Group. As a large enterprise worth nearly $100 billion with more than 100,000 employees, the organizational structure of HGI is undoubtedly complex. It is far from a simple linear structure like parent company, subsidiaries and grandchildren.

Among them, there are various cross-shareholdings, equity incentives, etc.

This leads to a complex shareholding structure of Harbourfront Group.

The shareholdings of Haiyi Group and its subordinate companies, after the team of Phoenix sorted them out, can be roughly divided into this: the first major shareholder, An Xiao Xi and the companies held under her name, together account for about 65% of the shares.

The second largest shareholder is Galaxy Group, with a shareholding of about 15%. The second largest individual shareholder, Wang Baocai, a minority shareholder who betrayed An Xiaoxi in part of this joint venture, accounted for a total of about 18%. There is also 2% is the employee's equity incentive.

An Xiao Xi is still a very righteous person. In the case of Haiyi Group's broken capital chain, Phoenix Group took over her shares and debts, and injected capital to revitalize Haiyi Group, without affecting the equity of other small shareholders.

In addition to swallowing the financial business of Haiyi Group, Phoenix Group also swallowed the "foreign trade" and some properties and land assets of Haiyi Group in Beijing State. The combined share of total assets is about 10%.

The remaining minority shareholders' shares are all coordinated and squeezed into chemicals and minerals. Reluctant small shareholders, contribute to buy their shares and clean out.

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

Of course, brothers in arms settle accounts. Their financial strength is not enough to swallow this part of the 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 $100 million.

The Galaxy Group's 15% share is worth $1.875 billion, and the Phoenix Group bought it at an ultra-low price of $300 million. The influence of Galaxy Group will be cleaned out from Haiyi Group.

This was only possible when Ren came to talk.

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"Sign it!"

Cao Danqing was at the conference table, picking up the signature pen her assistant had prepared for her and brushing her name down on a copy of the document.

The transfer agreement on Ren You's side, Cao Danqing signed with him in the morning, he was not here.

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

On the other side, Wang Bao Cai smiled like the Maitreya Buddha, smiling as he signed, handed a copy of the document to his assistant, and said, "Okay."

"Snap!"

A not-so-warm but relaxed applause rang out in the meeting room. The reason it wasn't warm was that no one was willing to emotionally accept the reality of Haiyi Group being swallowed by Phoenix Group in one bite.

But, everyone had to face the reality.

Now, they are subordinate to Phoenix Group!

At this point, the matter of Haiyi Group was finished.