Chapter 460: Joining Forces Again
After listening to Liu Ruoyi's words, Chu Luo looked very entangled.
If he was asked to exchange the shares of Aurora Media for the mineral shares purchased by the family, Chu Luo would definitely be reluctant, and the speed of development of Aurora Media made him know that this was what he would live in the future.
It's just because of the family's mission that he returned to the family to do things, and even withdrew from operations within Aurora Media, in Chu Luo's opinion, his sacrifice has been great.
But there are always people in the family staring at his Aurora Media shares, trying to find fault and preparing to share this share, and it just so happened that as soon as the Australian iron ore transportation came out, it immediately became the biggest target to attack him.
But if he gives up his efforts now and transfers the iron ore shares to Liu Ruoyi, Chu Luo is afraid that he will really miss a development opportunity for the family, and if Liu Ruoyi does not reap higher benefits in the future, he will feel guilty for a long time;
If Liu Ruoyi sees it very accurately and the future benefits are very large, Chu Luo will be even more sad within the family, and it is inevitable that he will be scolded by others!
Domestic family business, there are many people, for people who do things are never perfect, the more capable, the more practical it is.
It's not a human being inside or out!
"I think it's better to try the first method you said, I will set up a heavy transportation company in Australia first, and start the transportation business first, since Annie is so optimistic about the future market of iron ore, I am not in a hurry to expand the scale, according to the current annual output of one million tons. ”
The output of one million tons is too small for a mine, but for Chu Luo to run a transportation team independently, this scale is just right, and almost 3,000 tons of transportation per day are transported by car.
If you transport it according to the giant minecart, such as the Caterpillar 797 that has just come out, a few cars are enough, but the price of this giant minecart with a load capacity of up to 400 tons is also quite amazing, just a tire costs tens of thousands of US dollars, and the price of the whole vehicle is as high as tens of millions of yuan.
The domestic 40-ton mining heavy truck, the whole vehicle is 500,000, the fuel consumption and speed can be, and there is basically no problem to run 65 kilometers per hour on the smooth road, for the mine in Chuluo, a trip back and forth of more than 400 kilometers, just one round trip a day.
In this way, with 80 heavy trucks, it can basically meet the needs of self-use transportation, and in terms of investment, a one-time investment of tens of millions Chu Luo feels that it is acceptable.
Compared with the cost of 5-7 US dollars per ton of freight for self-built railways such as Rio Tinto, after the recalculation of the domestic transport fleet, it is at least nearly 2-3 US dollars less than hiring local road transport (among them, the most important is the reduction of labor costs and the reduction of car purchase costs, after all, the price of domestic drivers and domestic heavy trucks is much cheaper).
It's just that in order to obtain transportation and labor rights in Australia, Chuluo needs to run through various relevant departments in Australia, if this model is feasible, Chuluo can organize a Chinese road and mineral transportation company in the mining area to serve these small and medium-sized mining companies that do not have their own railway transportation.
With the current salary level of local mining drivers in Australia, it is not easy to hire a driver for 10,000 Australian dollars a month, but for domestic drivers at this time, 10,000 yuan can hire a very good experienced old driver.
Chu Luo has now studied and understood the local mineral transportation links in Australia very thoroughly, and after Liu Ruoyi woke him up like this, he soon discovered that in this crisis, there is actually a new business.
As soon as his mind opened, Chu Luo found that the original problem might not be a big problem.
To solve Chu Luo's problem, Liu Ruoyi next needs to face the joint visit of Zhao Shaodong and Li Ershao.
"Annie, in the business of Yongxiang Bank, the two of us raised funds to buy nearly 10% of the shares respectively," Zhao Shaodong said a little embarrassed in the face of Liu Ruoyi.
"These shares were bought at the time of the change of ownership of Yongxiang Bank, and I had time to tell you before, you wouldn't mind, would you?"
"It's okay, how can I mind?" Liu Ruoyi said with a smile, "I can't be happy that someone is doing this investment banking business with me." ”
Liu Ruoyi really didn't expect that Zhao Shaodong and Li Ershao would join in quietly this time. But it really doesn't matter, she now holds more than 51% of Yongxiang Bank, and her control over this bank can be described as stable.
"Yes, after we bought these shares, we felt that in terms of investment banking business, we in Hong Kong could not do without a banner, so we hope that Annie can take the lead in further expanding the investment banking business of Wing Cheung Bank and become the No. 1 in Hong Kong Investment Bank."
What Li Ershao said is the biggest purpose of these two today.
It's just that Liu Ruoyi didn't understand how the two of them were going to operate.
"Mr. Li, I don't understand what you mean?" asked Liu Ruoyi.
"It's very simple, whether it's the Zhao family or our Li family, there are some companies in investment banking or securities financing, I have communicated with Zhao Dashao, if there is no problem on Annie's side, we can integrate Yongxiang Bank and the investment banking business of the Zhao family and the Li family, and then form a new investment bank. ”
Integrating the investment banking business of the Zhao family and the Li family? Liu Ruoyi did not expect these two people to have such ideas and strength, although these two companies are not strong in the financial investment banking business, but they also have a considerable strength of investment banking companies engaged in securities, trusts, bonds, capital transactions and other businesses.
For example, Zhao Shaodong is now the next family finance company, which has considerable potential in terms of capital lending. Most of these businesses were originally aimed at family companies doing peripheral services, but now it is appropriate to bring in them and become one of the alliances?
Liu Ruoyi quickly flashed a variety of thoughts in her mind, and finally felt that she had not yet reached the point where she needed to be annexed by the Zhao family and the Li family, but it was just in time for the Zhao family and the Li family to observe and test her at this stage.
This time the cooperation of investment banking business, Liu Ruoyi's thoughts flashed, and she felt that she didn't have to worry too much, as long as the equity can control the decision-making power, the Zhao family and the Li family want to get a piece of the pie, and Liu Ruoyi is also happy to see it.
It's just that after the Zhao family and the Li family inject their own investment banking business, whether this situation will want to break the change of control is really unclear.
But now that the control of Yongxiang Bank is in the hands of Liu Ruoyi, even if the Zhao family and the Li family have their own little abacus, I am afraid there is no way to come up with any tricks.
It's just that Liu Ruoyi is a strange thing, how much effort did these two young people spend to persuade the family to hand over this business to them to take care of - although the current Liu Ruoyi is famous, it still does not have much weight in the eyes of the Zhao family and the Li family.
The cooperation between these two families and Liu Ruoyi is naturally only promoted by the will of these two second generations.
Li Ershao now has such strong confidence in Liu Ruoyi, which is naturally Zhao Shaodong's leakage of part of the results of Liu Ruoyi's cornerstone investment in futures speculation to Li Ershao.
If Li Ershao just knew that Liu Ruoyi was preparing to enter the oil futures, he also advised Liu Ruoyi to be cautious with good intentions, and now the results are out, proving that everyone is far from Liu Ruoyi in terms of market expectations, Li Ershao is a person who looks at the results, and will never turn a blind eye to Liu Ruoyi's achievements in the oil futures market.
The investment banking business of the Li family is about more than 30 billion total assets, including several family trust funds, accounting for more than 20 billion assets, mainly investing in bonds and index ETF funds, which are very strict for risk control, and the income is based on the bank long-term deposit interest rate and the Hang Seng Index comprehensive yield.
In addition, the 10 billion assets are high-risk and high-yield financial management with the stock market and the futures market as the investment target, relatively speaking, this is the capital that Liu Ruoyi can invest in the future operation.
The scale of Zhao's investment banking business is much smaller, with total assets of less than 10 billion Hong Kong dollars, of which family trust funds are also the mainstay, accounting for more than 60%, and the remaining more than 3 billion more flexible investment assets have been invested by Zhao Shaodong into the futures funds under Aurora Venture Capital and Cornerstone Investment.
Compared with the total assets of Yongxiang Bank, the amount of funds invested by these two companies is significant, and most of the assets of Yongxiang Bank are mainly deposits of companies and individuals, and the funds that can really be used for investment are far inferior.
Therefore, from a business point of view, the integration of the investment banking business of the Li family and the Zhao family into Yongxiang Bank is a very complementary integration.
More importantly, through this cooperation, the capital exchange of part of the family business between the Li family and the Zhao family can be carried out through Yongxiang Bank in the future.
Although both of them now have their own banking channels, and the main banking business will not change because of this incident, as long as some of them are transferred to Yongxiang Bank, it will be a big supplement to this small bank with a low reputation in the future.
With this win-win foundation, the next negotiation is very easy, after accounting the income and potential of the two investment banking businesses, the investment banking business of the Li family and the Zhao family is packaged, and Yongxiang Bank will issue an additional 1 billion Hong Kong dollars of private placement new shares for acquisition.
After this additional issuance, although Liu Ruoyi's shares in Yongxiang Bank were diluted and lost 51 percent of her absolute control, the total shares in her hands are still the largest shareholder of Yongxiang Bank, accounting for more than 40 percent.
And the shares of the Li family and the Zhao family combined are now less than 30 percent, and if Liu Ruoyi finds that there is an abnormality in the stock market, he can completely kill all attempts against Yongxiang Bank.
After Liu Ruoyi discussed this with Li Ershao and Zhao Dashao, the two sides agreed to operate in accordance with this general idea, Yongxiang Bank is a listed company, and a series of procedures still have to be carried out in accordance with the prescribed steps, and it is estimated that it will be good to be able to complete these mergers by the end of the year.
According to the current annual income of the investment banking business of the Zhao family and the Li family, the total profit is about 400 million Hong Kong dollars, and the price is 1 billion Hong Kong dollars for private placement, with a premium of 2.5 times the price-earnings ratio, relatively speaking, this valuation is not high.
Coupled with the reputation of the Zhao family and the Li family, it is estimated that after the news is announced, it will be good news for the stock price of Yongxiang Bank.
It's just that after the three people have decided on the plan, they can't buy shares in the market before the public announcement of the cooperation, otherwise according to the regulations of the Xiangjiang stock market, this is an illegal act.
The normal process is that before the announcement of this major news, Liu Ruoyi has to go to the Stock Exchange to submit an application for the suspension of Yongxiang Bank, wait for approval, and only after the news is announced can she apply to lift the suspension and resume trading.
It is precisely because they are optimistic about the strong upside after the fixed increase, Zhao Dashao and Li Ershao are not overly entangled in terms of valuation, according to the future development plan of Yongxiang Bank, this part of the stock doubling is less, with this prospect, plus they each ate nearly 10% in advance, which is equivalent to the opportunity to earn 2 billion in this business!
This kind of speed of making money is simply not too cool, especially when the world is not very sluggish now, this investment achievement is also a quite bright performance when you talk about it within the family.
Since Zhao Shaodong cleaned up his mood and started to do things seriously, whether it is the matter of Aurora Media or the investment company under the family company, Zhao Shaodong has made quite outstanding achievements.
Because of this, Zhao Shaodong regained the right to speak within the family, and this time he took over the management of the family investment banking business, which can only be done with the foundation of this achievement in the early stage.
Therefore, although this family business has lost the space for independent development, Zhao Shaodong feels that it should have gained a new opportunity in terms of value-added and value preservation in the future.
At least a successful merger can directly double the book value, a result that few people in the family dare to promise so.
This is a marginal industry that is already a family, and it is not important at all compared to the core industry.
Sure enough, when Liu Ruoyi announced the news, most of the feedback in the market was optimistic.
Yongxiang Bank is in the hands of the Owen family, and its development has stagnated at this stage, and Liu Ruoyi, a newcomer, was originally bearish in the market, so Liu Ruoyi, Zhao Shaodong and Li Ershao were given the opportunity to suck low.
Now the shares in the hands of these three companies are almost 70%, which is already highly controlled, and with this fixed increase plan, the total shares are close to 80%!
Of course, the shares in the hands of Zhao Shaodong and Li Ershao came in through the diversification of their holdings through several companies, and they did not touch the five-percent announcement requirement of the announcement, and the market is still unknowing.
However, as soon as the news of Yongxiang Bank's merger of the Li family and the Zhao family's investment banking business was announced, the mere fact that Yongxiang Bank had a relationship with the Zhao family and the Li family was a big positive for shareholders and the market.
The speculation about Liu Ruoyi's background has once again become a hot spot in gossip magazines and financial magazines.
It's as if this wonder girl can do anything.
Gossip also followed, becoming the hottest topic in the entertainment industry and financial circles during this period, I don't know how many paparazzi and unscrupulous editors have been fed.