Chapter 1127 Financial Industry
In the conference room in the office building of the hurricane building in the Magic Century Park, Yang Dongxu sat in the chairman's position. Yesterday, it was Lai Tianqing, Zhu Hengyi, Qian Liang and others.
On the right are the high-rise buildings of the hurricane, Zhao Yu, Huang Ying, Yu Yi, etc.
In the lower position sat Li Fuzhen, Zhou Huaiguo, Wang Qing, Wu Aibing and others. It can be said that the shareholders and executives of the real estate giant Hurricane Construction are almost all here today.
However, today's gathering is not talking about the merger and acquisition of Xinghai Hotel and Sanwan Travel Agency. This proposal was passed half a month ago, and three days ago through lengthy negotiations officially signed, Li Fuzhen is already a shareholder of Hurricane Construction and the manager of Xinghai Hotel and Sanwan Travel Agency, two of Hurricane Construction's fist products.
Yang Dongxu has an absolute controlling stake in Hurricane Construction, and has been a hands-off shopkeeper all these years. But the company's control has never weakened, Sanwan Travel Agency was originally his company, and Li Fuzhen of Xinghai Hotel has an absolute controlling stake.
So after some share swaps, everyone happily signed the contract. The behemoth of Hurricane Architecture has installed two promoters of development on itself. Li Fuzhen has become a shareholder of a 100 billion group, and he is also a high-level with real power.
Today's meeting is mainly about whether the hurricane building is involved in the financial industry, and yes, it is the financial industry that Yang Dongxu said that everyone who plays finance is dirty.
Originally, he didn't want to refuse this issue, because he really didn't want to touch on any finance in China and make so many money-making projects, and he didn't want to be involved with these people.
However, after communicating with Li Fuzhen, some of the opinions of this three-star princess and her views on finance made him change his attention, so there was today's meeting.
"At present, the industries involved in Hurricane Construction include real estate, hotels, tourism, cinemas, highways, ......" Since there are many people today, and there are just two very powerful subsidiaries to supplement, Yang Dongxu asked Zhao Yu to make a brief introduction to Hurricane Construction at the beginning of the meeting.
Although he and Lai Tianqing and others have been friends for many years, when the hurricane building is developing more and more rapidly and is already a behemoth at this time, the future is even more limitless. Some things are still good for business, friendship is a private relationship, and the company's affairs are in accordance with the company's rules and regulations.
Of course, this introduction is actually only a general introduction, for example, real estate projects alone, including high-end residential buildings, boutique communities, shopping malls, office buildings and many other projects. Today's introduction is just a rough statistic.
With Zhao Yu's introduction, even Yang Dongxu, the chairman, was a little excited, not to mention other shareholders. Although everyone knows the company's situation very well, Yang Dongxu has spent a lot of time at work in recent years.
But when these industries are placed in front of them one by one, everyone still has a sense of shock. It's like there is a mountain in front of you, which looks very small at first, and then with Zhao Yu's introduction, it gets bigger and bigger, and finally it becomes an existence that people look up to.
"In summary, because the hurricane construction assets are extremely strong, and with the end of the year, real estate is starting to show signs of recovery. The company's senior management held a meeting to study that we should get involved in the financial industry for the company's better and faster development. "The introduction lasted more than 10 minutes.
In addition to the industries involved in the company, there is also the current development of various projects. This is just a briefing, and if you go into detail, it is estimated that a project will be enough to talk for more than half an hour.
But while the content seems a bit boring, it's up to everyone who owns the huge industry behind the boring content. So no one was impatient, but happy to keep listening.
Knock knock!
Yang Dongxu knocked on the table in front of him, waking up the high-level executives and shareholders who were so calm in the hurricane building.
"Let's talk about it, should we get involved in the financial industry?" Yang Dongxu said.
He doesn't have a good impression of these industries, especially the domestic financial industry, which is really chaotic. In addition, Hurricane Construction has always had good credit and strong assets, and some banks have taken the initiative to ask for loans.
At the same time, the company has maintained good cooperative relations with the central bank and major banks since its establishment. In recent years, it has become an important customer of Minsheng, and Yang Dongxu is also a shareholder of Minsheng. Therefore, I have always been outsourcing for this part, and I have never dabbled in it.
But Yang Dongxu knows that the previous denial of this issue was actually a bit emotional. The company does not want to develop because you don't like it, so you veto the projects that are conducive to the company's development.
Of course, Yang Dongxu, as an absolute major shareholder, can veto, and Hurricane Construction will not collapse because of this. But this is clearly not a naΓ―ve choice that a mature businessman should make.
The original operation of Hurricane Buildings is strange enough in the eyes of many people, and some people even feel that Hurricane Buildings are installing X. Everyone is burying their heads in making money, as long as you can bear it, you have a conscience.
But in this way, with the development of hurricane buildings, it is getting better and faster. They can only smoke their mouths, there is no way, people just have the ability to develop better than you, and it is useless to say sour things where the facts are.
But a real estate company is not involved in the financial industry, this is no longer wonderful, it is simply an alternative. Looking at the whole country, and even the world, as long as there is a real estate company with a head and a face, which one is not stepping on one foot in the financial industry?
For example, Wanda's four major industries are commerce, culture, real estate, and finance. Evergrande Group is also a real estate, health, tourism, and finance. Another example is Vanke, and another example is China Resources.
Not to mention real estate, other companies that have developed into large groups are also playing finance. For example, the bigwigs in the automotive industry, the mobile phone industry, and even the textile industry.
In short, as long as there is a company or group with capital in the top of each industry, it will basically play finance. Even if you can't afford to get a bank and insurance, you can get a securities company. The securities of other companies cannot afford to play, and there are not a few people who play the securities of their own companies.
Therefore, as a mature group company, the financial industry is an important part of the company's complement, and it is also a very profitable industry. You can't cut this important component just because of your personal preferences.
"Let's test the waters first, or something else?" said Lai Tianqing, leaning back in his chair.
Although he is not the second largest shareholder of Hurricane Construction, he is undoubtedly the most prestigious of all shareholders except Yang Dongxu and Li Fuzhen. And the industry in the hands of Lai Tianqing is really much more awesome than Hurricane Construction, because people really have mines at home, and there are many mines.
Yang Dongxu didn't speak, and Zhao Yu said: "At present, the company's management is discussing the plan that since it wants to get involved in the financial industry, it will be banking, insurance and securities together. Hurricane Buildings has enough capital to support it.
Of course, due to the particularity of domestic banks, this business may need to find suitable banks in Hong Kong or other countries for acquisition. Or further strengthen cooperation with other domestic banks instead. β
The three major industries of finance: banking, insurance and securities. Zhao Yu wants to dabble in it all at once, which sounds a bit rushed, but just like he said. With the current strength of Hurricane Construction, having enough capital to do all this is not a risky venture.
"Is there any possibility that the company plans to go public?" asked Lai Tianqing with a deep sigh.
Everyone's eyes couldn't help but look at Yang Dongxu, obviously only he had the right to decide. If you get involved in finance, the company will undoubtedly be more free to go public.
"The company has no plans to go public for the time being. Yang Dongxu said lightly.
Although I have known this answer for a long time, when I heard it with my own ears, many people were still a little disappointed in their hearts. After all, although the market value of the company has a certain amount of moisture after listing, personal assets can indeed expand rapidly many times. Millionaires, multimillionaires, and even billionaires can be mass-produced overnight.
This is also one of the wonderful points where the hurricane building is regarded as a strange thing by other peers. Because everyone is eager to get the company listed immediately, but Hurricane Construction, let alone China, looks like they don't like to answer the American Snadaq.
"How to carry out the specific business?" said Zhu Hengyi.
"The insurance business can start with car insurance. The first goal of the plan is to take over the auto insurance business of BMW AG. The quality of BMW cars is very good, and the reputation is very good.
At the same time, it has perfect after-sales service, so it may be necessary to give up a lot of profits from this business. However, the advantage is that the risk is small and stable, and you can start with this to cultivate the manpower of the insurance department, and then slowly get involved in life insurance, medical insurance and other fields.
The securities must be based on hurricane buildings, and the highway can be used as a pilot first. The highway investment is huge and the profit period is long, which can be made into a long-term securities ...... for three or even five years," Zhao Yu began to talk eloquently.
A good topic doesn't mean you have to put up a name, you have to have a proper and convincing implementation plan. Of course, as for whether the issue is passed or not, it is decided by the boss, but the work must be done in place.
For this point, Zhao Yu and other senior executives of the company are obviously qualified executives, and they naturally do everything they can.
Listening to Zhao Yu's narration, Zhu Hengyi kept nodding his head, this implementation plan is very feasible, coupled with the volume of the hurricane building, as well as the network resources behind them, it can basically be said that it is a profitable deal.
"Since you have no opinions, then implement it according to the plan, Manager Zhao is directly responsible for this project, and Huang Ying assists. However, in addition to the highway, the securities side also included the Sanwan Travel Agency. β
Having said that, no need to ask is also returning, everyone agrees with entering the financial industry, Yang Dongxu did not make a direct decision, and everyone in the company is happy.
After being happy, Zhao Yu opened his mouth to say something. The three-bay travel is also included in the securities business, and he naturally has no opinion.
Because whether it is highway construction or scenic spot development, in fact, the largest investment is in infrastructure. This issuance of securities to raise funds did help ease the financial pressure on the project.
However, the biggest financial pressure on Hurricane Construction obviously comes from the real estate project itself, and compared with the huge real estate project, the infrastructure construction of highways and scenic spots can be said to be insignificant.
Yang Dongxu seemed to see what Zhao Yu wanted to say, and said: "For real estate projects, we will discuss after carrying out securities business, and we will do a good job in these two projects first." β
Zhao Yu nodded and didn't say anything. Real estate projects are the foundation of hurricane architecture, and it is appropriate to be more secure. Although he felt that his plan was actually safe enough.
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