Chapter 1379: Each Has His Own Thoughts

Li Dong despised Xu Shengzhe, Xu Shengzhe didn't know clearly, and he wouldn't care too much if he knew clearly.

He did think about this exchange for a long time before finally making up his mind.

Li Dong said that he made money, but it was actually nonsense.

At least from the current point of view, Xu Shengzhe has lost a lot.

With the recovery of the real estate industry, Longhua real estate is becoming more and more valuable. Let alone the profit margin, real estate companies are not comparable to retail groups.

Last year, Yuanfang Supermarket’s revenue was 110 billion yuan, and its profit was less than 10 billion yuan.

Last year, the real estate industry was so sluggish. Longhua's annual revenue was less than 30 billion yuan, but its profit was as high as 4 billion yuan.

It doesn't count, if all the profits are used for dividends, Xu Shengzhe's dividends in the distance are less than 500 million, but Li Dong can get more than 800 million in Longhua.

Of course, the retail industry is not useless, the key lies in the fast return of cash, but these small shareholders cannot share this benefit.

The benefits, in fact, are all earned by Li Dong.

However, even so, Xu Shengzhe still chose to exchange shares, not because he was stupid, but because of future considerations.

In the retail industry, profit margins are not high, but there are many employees and stores, which are closely related to people's livelihood.

It is difficult for such an enterprise to have problems and it is also difficult to go bankrupt.

If it weren't for Li Dong's existence, China's top ten retail companies would not have fallen one after another.

The impact of e-commerce in later generations has been clamoring for so many years, what is the result?

Enterprises such as Suning and Gome, except for their low profits and reduced expansion scale, are still living their own lives, and they have not seen bankruptcy due to the impact.

The department store industries such as China Resources and Bailian are my own, and they are not too affected at all.

The larger the retail group, the higher the stability.

As for listing and market value, many people don't really care about these things.

As long as you don't have the intention to cash out and run away, it doesn't matter how much the market value is, just watch the excitement.

Xu Shengzhe wanted to leave a way for himself and his daughter. Of course, he didn't have the idea of ​​cashing out and running away, so he didn't care too much about whether Yuanfang Retail was listed or not, and how much the market value would reach.

How many years can Longhua Group be brilliant?

It's hard to say, maybe thirty to fifty years, maybe three to five years, it's not unbelievable to collapse suddenly.

On the other hand, Yuanfang Technology has suddenly closed its doors, Xu Shengzhe is not surprised.

Yuanfang Weibo, Yuanfang Mall, and Dongyu Real Estate suddenly closed down, and Xu Shengzhe was not surprised.

Only the two major segments of Yuanfang Retail and Yuanfang Logistics affect hundreds of thousands of employees and indirectly affect the lives of millions of people, plus thousands of stores or distribution points.

It would be strange for such an enterprise to suddenly collapse.

Even if Li Dong himself is finished, the government will not let Yuanfang Retail and Yuanfang Logistics be finished.

No matter who takes over, as long as his 5% stake does not affect the overall situation, no one will rely on it.

It was precisely because of the long-term planning that Xu Shengzhe insisted on exchanging shares with Li Dong regardless of gains and losses. 20% of the shares were not enough, and he added 350 million in cash and a garden worth 80 million.

And this is before. Although Yuanfang retail was stable before, there were still problems.

But now, Xu Shengzhe felt completely at ease seeing Li Dong not far away communicating with people.

Binding dozens of retail groups, the real industry with an annual revenue of more than 500 billion yuan, if it can go bankrupt, the entire China will be in turmoil.

When these enterprises are added together, the impact is not just millions of people, but tens of millions of people!

No one dares to let such a business go bankrupt!

It's okay to change the helm, but the company will always exist. Xu Shengzhe is very sure of this.

Feeling relieved a lot, Xu Shengzhe saw that Li Dong was busy, so he didn't stay soon.

Without saying hello, Xu Shengzhe hummed a little song and left happily alone.

...

When Xu Shengzhe left, Li Dong saw it.

But Li Dong didn't care about him, this guy's thoughts,

He actually knows.

However, Li Dong is not too resistant to the exchange of Longhua shares.

On the one hand, it is to completely pull Longhua into the chariot far away, on the other hand, Xu Shengzhe leaves a way out for himself, which is also Li Dong's idea.

In fact, whether it is the rich people in China or most of the rich people in the world, when it comes to Li Dong and others, they will not choose to put all their eggs in one basket.

Shen Qian's side is Li Dong's backer.

But after all, Shen Qian and him are going to get married, and they have a close relationship. It's good that Du Anmin doesn't have an accident, but if something happens, Shen Qian can't keep these properties.

In the three caves of the cunning rabbit, Li Dong doesn't want all the family business he has worked so hard to make cheap for others.

This time, with Longhua's share exchange, Li Dong doesn't plan to keep these shares in the distance forever, and he should find a way to transfer them out later.

Although the stability of the real estate industry is not as good as that of retail companies, in Li Dong's view, real estate companies involve more things, and they are not so easily defeated.

Longhua has stood for so many years, and its roots in Jiangbei are extremely deep, so it is not so easy to fall down.

It's hard to say who will win the Longhua share exchange.

I didn't have time to think about it. This night, Li Dong wandered around, constantly communicating with the bosses of various companies.

After 11 o'clock, Li Dong signed the last memorandum.

A few minutes before 12 o'clock, Li Dong and Sun Tao sent off all the bosses who attended the meeting.

outside the cafeteria.

Sun Tao exhaled, and a white mist rose from his mouth. He didn't care about the sub-zero temperature outside. After talking all night, Sun Tao was covered in sweat.

After breathing for a while, Sun Tao said: "A total of 13 companies have signed the memorandum, and there are more than a dozen other companies that have this intention.

However, these corporate shareholders are not alone, and cannot make decisions alone, and have to go back and discuss it.

For the other companies, I think there are people who are tempted, but I'm afraid they won't be able to make a decision in a short time.

As expected, there should be more than 30 companies that can actually reach cooperation in the end. "

Li Dong nodded slightly, and said softly: "That's enough, especially for the few medium-sized companies that came tonight, almost all of them have reached cooperation intentions.

Matehao, Ginza, Dennis, Zhenhua Department Store, Sunshine Department Store...

These enterprises are all dominated by one side, the strong one dominates in one province, and the weaker ones are spread over several prefecture-level cities.

Moreover, being distributed in the north and south of the sea is also conducive to the radiation of our influence.

We can think that 20% of the shares are exchanged for their cooperation and their channels, and we have made a lot of money this time. "

The profit of the store is actually only a small head.

The key point is that Yuanfang has controlled the channel supply of major enterprises this time, including logistics and warehousing.

The release of these three major pieces is Yuanfang's greatest success.

Not to mention profits, Yuanfang's control over major retail companies has now reached its peak.

This is actually the most difficult to achieve.

However, many small and medium-sized enterprises can't stand it, and they simply don't have the ability to build their own channels.

Some medium-sized companies do not want to hand over these channels, lest they be completely controlled by Yuanfang.

Can't stand the threats and temptations from afar.

The companies around you have taken refuge in distant places, and if you are unwilling to take refuge, you will only be swallowed by wolves in the end.

The companies Li Dong invited this time are very interesting. In many cases, a medium-sized company came, and the heads of small companies in their surrounding cities were invited.

Many small business bosses haven't seen this yet, but many people have.

Li Dong was actually threatening. Although he didn't say it, the threat was real.

In addition, the quotation given by Yuanfang in the end was actually not low. After consideration and consideration, many companies chose to compromise.

If there is another retail group that is willing to come forward and fight Yuanfang, they may not compromise so quickly.

Unfortunately, the two largest department store groups are both state-owned enterprises.

Another home appliance retailer, although Suning is not a state-owned enterprise, Suning is not a listed company, so it cannot be involved in the department store field.

In China, in the retail field, home appliance retail is only a small part, and the real big one is the retail enterprises in the department store field.

Cooperating with Suning, I can't get online help, and there is not much offline help.

As for foreign capital, let alone, Li Dong has no problem doing this. The domestic retail scale is very large. Even if Li Dong has acquired so many companies, because it does not involve holding shares, and the scale is not large enough to completely change the retail industry in China. Layout.

At this time, monopoly is out of the question. If a company known as the backbone of the nation expands its scale a little, no one will say anything.

But if foreign capital dares to do this, the Ministry of Commerce will not agree, among other things.

It's not that they are careless, it's the fact.

The merger between Huiyuan and Coca-Cola has not been approved by the Ministry of Commerce until now, and there have been rumors that the possibility of this merger being rejected is as high as 90%.

I'm afraid it won't be long before the Ministry of Commerce will formally make a decision.

Is the combination of Coca-Cola and Huiyuan really enough to affect the entire beverage industry in China?

Can it really achieve the possibility of monopoly?

In fact, professionals know this, and it is useless.

However, who told Coca-Cola to be a foreign capital, it is okay to enter China, but it is not feasible to merge and acquire large local companies to continue to grow.

Foreign capital and state-owned enterprises can't rely on them, and there are no private enterprises that compete with distant places. At this time, there are actually not many choices left for everyone.

Either rely on Li Dong, or choose to be independent.

Choosing to be independent does not mean that you will be swallowed up by others, but you can form an alliance with Yuanfang retail as the core, and your competitiveness will inevitably increase.

One goes up and down the other, and after a few years, maybe independent companies will be completely divided up the market.

Few of the people who can get to this point are really fools, so in the end there will be such companies willing to hand over their channels and choose to stand with Yuanfang.

The other companies that are going are either located in East China, or they are in places with weaker strength in the distance. These companies also have their own considerations.

If it is really going to be in East China, I am afraid that few would dare to refuse.

Li Dong talked for a while, and then said: "It may be a little late tonight, and tomorrow morning, we will send people to various places, and those companies that have signed the memorandum will start to check in immediately.

I said I don't care about the gap, but don't really think I don't care.

If there is a problem on the books and it becomes an empty shell, then my loss will not be a matter of hundreds of millions.

The memorandum can be signed, but the formal contract must be checked clearly before signing.

You are tired these days, so give yourself some refreshments. "

Sun Tao and the others nodded in agreement, and they wouldn't be really careless if Li Dong didn't say anything.

The evaluation of the total assets was only done by Yuanfang himself.

How much debt a company has is generally a secret, and whether it has cash flow is also a secret.

Some family-owned enterprises have chaotic funds. If you don’t check clearly, those who return to buy shares may be a completely worthless business, and it is even possible to bear debts after taking shares.

If you really want to sign the agreement in a hurry, it is not surprising that you will lose billions in the later period.

After Li Dong finished speaking, Sun Tao looked at Chen Lang, thought for a while and asked, "President Li, the market in the capital..."

Li Dong pondered for a moment, then slowly said: "In the Beijing area, Wumart, Yuanfang, Sun Art, China Resources, Wal-Mart, and Suning are the main ones.

Bailian was over there, and had already started to retreat gradually.

I thought about it for a while. There are not many small and medium-sized enterprises there, and their survival is also difficult. If I really leave it to them, maybe there will be no far away in a few years.

Although I am preparing to retreat now, I still want to fight back.

Therefore, I don't really want to hand over the distant industries to Wumart, so that Wumart will be too large in the capital area and cannot be shaken.

But don’t hand it over to Wumart. Sun Art and Wal-Mart are both involved in foreign capital. China Resources is a state-owned enterprise, and Suning doesn’t operate department stores. It seems inappropriate to hand it over to anyone.

I am actually in a dilemma now, in fact, my ideal choice is China Resources.

It's a pity that China Resources may not be willing to do business with us. If we can replace some China Resources stores in East China or South China with industries in the capital, that will be in our best interest.

I also don't expect to take a stake in China Resources, and I can't control them if I take a stake in China Resources.

Replacement of industries in the capital city, expanding our advantages in the south, letting China Resources and Wumart fight them, and not giving them a chance to become bigger, this is our best choice at present.

The key point is that it is very difficult, and China Resources may not be willing to sell the southern market..."

Chen Lang said in a deep voice, "President Li, do you really want to evacuate?"

Wang Yue also said unwillingly: "Gome has a very high market share in the capital area. Mr. Li, even if the distant supermarkets evacuate, I don't recommend Gome to evacuate."

Li Dong gritted his teeth and said, "You think I am willing?

I managed to achieve this scale in the capital, home appliances and department stores are in the top two positions, am I willing to just leave?

But you have also seen how much trouble we have had recently!

The Xidan incident was just a trigger. Since last year, we have been constantly suppressed and restricted.

The retail scale in Beijing is no smaller than that of Shanghai Stock Market, or even larger!

But what happened?

Last year, the Shanghai stock market had a revenue of nearly 10 billion, and its profits were not low. The capital city had been operating for several years, and its annual revenue was only 7 billion. The profit margin was not as good as that of the Shanghai stock market.

I have invested so much in the capital, but the effect is mediocre. If it is just like this, I will admit it.

But the continuous troubles made me exhausted, not only me, but also Mayor Du.

That being the case, what else can we do if we don't evacuate? "

Sun Tao clenched his fists, his face full of unwillingness and indignation, and he said after a long time: "Then we really withdraw?"

"Well, tomorrow, tomorrow you guys help me make an appointment with Hong Ji and Wu Jianzhong, I will talk to them.

It is best for China Resources to agree. If China Resources has concerns, then we can talk to Wumart.

Wumart has always regarded us as a thorn in the side, and we retreated from the capital, they may be eager to see this scene.

Let Wumart offer part of the cash, plus equity and stores in the southern region in exchange for our Beijing department store business, they will not refuse.

As for Gome..."

Li Dong thought about it for a moment, and said with some reluctance: "Move the headquarters first, Gome's foundation is in the north, if we really want to withdraw now, I'm worried that Gome won't be able to adapt, and it won't recover.

After I evacuate the distant supermarket, if the situation has not improved, I will consider the problem of Gome. "

Hearing that he would not evacuate Gome now, Wang Yue heaved a long sigh of relief, and quickly said: "President Li, don't worry, we will be careful.

Even if you want to evacuate, you can't be in such a hurry, you have to give me some time to prepare.

Within a year or two, I gradually shifted the investment direction of Gome, not limited to the capital. In this way, if we retreat, the loss will be much smaller.

With a sudden retreat now, our loss is too great. "

Li Dong nodded, and finally looked at the time, seeing that it was already past 12 o'clock, he said: "Go back and rest early, and we will arrange things tomorrow.

The retreat of the capital should be kept secret first, so don't let it out for now.

Even for China Resources and Wumart, I will mainly test tomorrow.

You should do a good job in dealing with the aftermath and reduce all avoidable losses. In addition, Qi Yunna is back, let her come to me.

Don't forget to ask someone to check the accounts tomorrow, that's all for now, get the preparations done as soon as possible.

During the annual meeting, I hope to bring some good news to our employees, not bad news. "

Everyone nodded quickly, Li Dong didn't stay any longer, and walked into the distance.

After Li Dong left, Chen Lang looked at the time and said, "I'll go to deal with some documents first, and I have to make some arrangements tomorrow morning. I won't be going back tonight, you can do whatever you want."

As soon as he left, Wang Yue couldn't help laughing and said: "Mr. Chen is caring enough now. He is much older than you. I don't think you are as caring as he is."

Sun Tao said speechlessly: "He is the chairman of the retail group, and I am just an assistant. If I really want to intervene, he is still not willing."

Wang Yue didn't say much about it, and said in a low voice: "I said, the retail group is reorganized, what about your shares here?

Although the new retail group did not have as much as the reported net assets of 100 billion yuan, it was not much lower.

The actual value of Gome is higher than that of Yuanfang Mall. President Li didn't say anything? "

Sun Tao glanced at her, and said after a while: "Why do you care about me, are you jealous?"

"Cut, I'll be jealous?" Wang Yue said contemptuously, "I'm afraid you're not flattering me, so don't be the last one to fight me."

Sun Tao shrugged and said, "Don't ask me, actually I don't know, Mr. Li didn't mention it at all, I wanted to ask, but I didn't ask any further.

In the past few years, whenever I mentioned this, I was scolded. Do I still dare to mention it now?

It doesn't matter how much you give, and it doesn't matter if you don't give, let's look back. "

I don’t know about this now, but when Gome officially merges into Yuanfang Retail and signs contracts with various companies, he will probably sign a new contract.

As for whether it is still 3%, Sun Tao is too lazy to care about it now.

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