Chapter 338: Sun Tao's Crazy Idea

The morning meeting lasted until after eleven o'clock.

The others left one after another. When Li Dong went out, Sun Tao was waiting at the door.

Seeing Li Dong coming out, Sun Tao smiled and said, "Go out to eat together?"

Li Dong nodded and said, "Let's go together."

The two went downstairs while chatting.

Li Dong and Sun Tao usually eat at the company at noon, and they also have designated restaurants.

After entering the restaurant, the boss quickly smiled and said, "Mr. Li, Mr. Sun, is it still the old rule at noon?"

Li Dong nodded, and entered the small box with Sun Tao.

After sitting for a while, the boss came in with a teapot and said with a smile on his face, "Mr. Li, Mr. Sun, you just arrived at Mingqian Maofeng, let's try the taste?"

Li Dong smiled and nodded, waited for the boss to finish pouring the tea, took a sip casually, and then said: "Good tea!"

The boss cheerfully and modestly said a few words, although he knew that Li Dong was mostly speaking politely, he still left the box very satisfied.

As soon as he left, Li Dong got down to business and said, "What do you think about the subsidiary company?"

It was precisely for this that Sun Tao approached Li Dong. Seeing Li Dong mentioning it himself, he thought for a while and said, "I feel like you're a little anxious."

"You disagree?"

Sun Tao shook his head and said, "It's not that I don't agree, it's just that I think it's too fast. The mall has just launched, it's not yet profitable, and it can't maintain a balance of payments. Establishing a subsidiary at this time will do more harm than good."

Li Dong was not in a hurry, and asked with a smile: "How do you say?"

Because he is not in the company, Sun Tao did not hide it, and said directly: "I will say two points. First, if Yuanfang Mall is split off and financially independent, will Yuanfang's investment in the mall change?"

Li Dong thought for a while and said, "Probably not, maybe I will increase investment."

Sun Tao frowned, and said in disapproval: "If this is the case, what's the point of setting up a subsidiary? The investment will not be reduced, and it will not be profitable in the short term. Setting up a separate team will only increase expenses."

Li Dong said with a smile: "The main reason is to avoid risks.

"

"Avoiding risks? Do you think the mall has a big risk?"

"It's hard to say. After all, it's the Internet industry. You and I don't really understand it very well. During this period of time, I have researched a lot of Internet companies. At the last moment, listing is almost inevitable, so I want to split them out in advance to save future troubles. .”

Sun Tao thought about Li Dong's meaning carefully, and after a long time he was a little surprised and said, "You want to go public independently? What about Yuanfang Supermarket!"

In the eyes of these high-level executives, going public is almost an inevitable move.

Generally, when a company reaches a certain level, it will operate and go public.

Sun Tao had always thought this way before, and felt that at a certain time, Li Dong would definitely run Yuanfang Supermarket and go public.

But now, according to what Li Dong said, it seems that the mall should be listed independently, while the parent company of Yuanfang Supermarket still maintains an independent operation.

Li Dong said casually: "I don't plan to list Yuanfang Supermarket, at least so far, I don't have this idea, what do you think?"

Sun Tao didn't know what to say for a while, Li Dong suddenly said this today, which made him a little at a loss.

After being silent for a long while, Sun Tao said softly: "Let's not talk about this first, I still have a little doubt. After the establishment of the subsidiary, how will the management team decide?"

"It hasn't been decided yet. Splitting up the mall is not a short-term matter. Let's talk about it later."

Sun Tao smiled wryly, we'll talk about it when the time comes, what should I say?

Although the subsidiaries are under the jurisdiction of the parent company in name, they are actually highly independent and have their own management.

Who is the management of the e-commerce department now? It's Shen Qian. It's fine for Shen Qian to be in charge of a department in the company. Let her be the chairman of the subsidiary?

Sun Tao felt that this was unreliable. It was a bit difficult for a developing company to be managed by Shen Qian.

But if it wasn't for Shen Qian, the trouble would be even greater.

The e-commerce department was almost established by Shen Qian, if someone else is in charge, what would Shen Qian think?

Who can be reconciled to the painstaking efforts to build the mall, but the peaches are picked by others.

Therefore, Sun Tao felt that it was inappropriate to split the mall at this stage. Li Dong failed to give him a satisfactory answer to the points he said.

Sighing slightly, Sun Tao was full of helplessness, but he didn't know what to say.

After a while, the dishes came.

Li Dong and Sun Tao didn't drink, and continued talking while eating.

After talking for a few words, Sun Tao picked up a new topic: "Have you heard about the Times Supermarket?"

"Which era?"

"Sunan's Times Supermarket."

Li Dong thought about it for a while before asking: "You mean that Times is going to sell it?"

"Well, recently, China Resources, Wumart, and Lianhua have been in constant contact with the management of Times, and want to complete the merger and acquisition. Once Times is acquired, we may be in some trouble in the future."

Both Sunan Times and Suguo are leaders in the retail industry, and Suguo has been acquired by China Resources.

If Times is acquired by China Resources again, then Sunan will be managed by China Resources into a tin bucket.

Yuanfang's strategic goal is also the southern Jiangsu region, and entering the Suyulu region is Yuanfang's established goal. If the retail industry in southern Jiangsu is unified at this time, Yuanfang will have almost no room for survival.

If it is acquired by the other two, the situation in Yuanfang will not be much better.

Wumart mainly operates in the Beijing-Tianjin area. Once it opens up southern Jiangsu, it will complete its strategic expansion and even reach the Jiangbei market.

At present, it seems that the best result is that the era is completed by Lianhua, which is probably the least threatening to Yuanfang.

Li Dong pondered for a moment, recalling the memories in his mind.

He didn't have a deep impression of Times Supermarket. After all, he hadn't been out of Jiangbei much in his previous life, and he didn't know much about the retail industry in other regions.

But one thing Li Dong remembers clearly is that the last era has not been acquired by any of these three companies.

Moreover, the current Times Supermarket has not yet been listed. Li Dong vaguely remembered that Times Supermarket seemed to be listed in the second half of next year, and it was finally acquired by Lotte Mart after a period of listing.

In the early stage, Wumart should have the upper hand, and has even announced that it will invest in the acquisition of half of the shares of Times.

However, it should be that Wumart was investigated by the government and suspended for a long time, resulting in the inability to pay for the acquisition, and was finally forced to stop the acquisition of Times Supermarket.

Thinking of this, Li Dong didn't take it to heart and said, "Let them play, it has nothing to do with us."

Seeing this, Sun Tao said: "How can it be okay? Isn't Yuanfang planning to enter South Jiangsu? Mergers and acquisitions are popular now. If we can win Times Supermarket, then more than half of the strategic layout of South Jiangsu will be completed."

Li Dong almost choked to death on the rice!

After coughing for a long time, Li Dong looked at Sun Tao in surprise and said, "Are you sure you're not drunk?"

Sun Tao laughed dryly, "I'm sure I'm awake."

"Then do you know how much Times Supermarket is worth now?"

"Probably around two billion."

Li Dong said unhappily: "Then you still say you are not drunk? I think you are drunk and confused. We are not as old as we are far away. You let me swallow the big with the small, and it is beautiful to think."

If possible, Li Dong would naturally be willing to buy Times.

Times Supermarket not only has a layout in southern Jiangsu, but also has an industrial layout in Henan Province and Shandong Province.

Once the era can be won, the distance will be a leap forward development, breaking through from Jiangbei to the entire East China area in one fell swoop.

Now the retail industry in East China is dominated by China Resources, and other supermarkets and stores can only be subordinated to it, and Yuanfang is no exception.

Li Dong's biggest competitor in East China is the China Resources Department, especially its subsidiary Suguo, which is an obstacle in the way of entering southern Jiangsu from afar.

Li Dong's idea before was to take it step by step, with the help of the influence of the mall, to slowly erode it.

At present, the overlords of these established retail companies have not paid much attention to online. Li Dong's idea is to use the influence of the distant mall to slowly erode the customer base of the younger generation. There should not be too much conflict with China Resources in a short time.

In addition, China Resources is not the only one, and other people are happy to see him touch the tiger's butt, and Li Dong is not afraid of being collectively suppressed by the industry.

But it will take time. Don't look at the domineering Li Dong and Shen Qian said, in fact, he is not too sure.

Even if they can get out of Jiangbei in the end, the East China region will not be able to dominate in the distance in a short time.

Li Dong doesn't know how long it will take to surpass the influence of the China Resources Department in East China. Maybe he will never see hope in his life, and that is not impossible.

Rebirth is not a panacea. He can lead Yuanfang to the right path, but it cannot guarantee that Yuanfang will be invincible.

But now that Sun Tao mentioned it, Li Dong seemed to feel a little hopeful again, very contradictory.

After thinking for a while, before Sun Tao could speak, Li Dong said again: "The era of mergers and acquisitions is indeed a good move. Since you said so, do you have any ideas?"

Sun Tao rubbed his nose and said in embarrassment: "That's not true, but I think I can give it a try."

"How to try? It's useless if we don't have money, and what we want to do is a wholly-owned acquisition, otherwise the follow-up restructuring will be very troublesome. The wholly-owned acquisition will definitely cost a premium, and two billion may not be enough. At least twenty billion must be prepared. With 500 million funds, it has to be purchased in cash, why do you think we have the idea of ​​the times?"

Sun Tao winked at Li Dong and said in a low voice, "Boss Shen!"

"screw you!"

Li Dong said unhappily: "I think you are really drunk, more than two billion, Shen Qian can decide?"

Sun Tao chuckled and said, "Doesn't Secretary Du want to see Times annexed in the distance? This is Jiangbei's local companies invading South Jiangsu. Jiangbei and South Jiangsu have been old rivals for so many years. If we can annex Times, Secretary Du will have a bright face." right."

Li Dong curled his lips and said, "It's a good idea, you are an empty-handed white wolf, and you treat Secretary Du as a fool."

If it's 100 to 200 million, Secretary Du may help Yuanfang in order to hit his opponent.

Two or three hundred million, this fund is really too big, unless Li Dong is his own son, or even his son-in-law, Lao Du is not crazy enough yet. (To be continued.) Mobile phone users please browse and read for a better reading experience.