Chapter 839: Two Ways
"Ladies and gentlemen, we are convening this extraordinary board meeting today because there is a very important matter to discuss, which is related to the future development of the company. ”
Everyone looked at Wang Haoan curiously, didn't he just set the future development strategy some time ago, and it was not bad, how could there be something important?
They are each responsible for a booth, and they are usually diligent in communication, so I don't know what is wrong with the company?
"Yesterday, the director of Carrot came from the headquarters and talked to me about the cooperation with Baihui Trading. This is different from the last cooperation, they are very sincere, and it also proves that they are not willing to continue to spend time with us. ”
Carrot's business in Huaxia continued to lose money, and the shareholders at the headquarters complained that Carrot was rich and had to accept losses for a few years in order to develop a new market, and they all understood.
However, if after a few years of losses, there is still no possibility of making money in the future, then what is there to insist on? The profits that are subsidized every year are not as good as being shared by the shareholders.
Or invest in other markets, after all, they don't do well in other markets in Asia.
"There are two models of cooperation proposed by the Carvals. The first is to set up a joint venture with us, where they have all of Carrot's assets in China, and we each hold 50 percent of the shares, and he asks me to be the chairman, and they have the president. ”
"Second, all of Carrot's assets in Huaxia are merged into Patrons Trading, and even some of their stores in other Asian markets can be considered for merger, but we are required to pay in shares, and they want to be on the board of directors, and they want two seats. ”
"This matter is important enough, I can't call the shots alone, and I want to hear everyone's opinions. ”
Guo Jijie and several other directors exchanged heads, they didn't expect that the family was so quick to admit it, and they also offered such good conditions, it seems that the development of the family in China is really not very good.
"Mr. Hua, why don't you express your opinion first?" Wang Haoan saw that no one was silent, and first called Guo Jihua's name.
"I don't think the first model is suitable, not all of Carrot's assets in Huaxia are valuable assets, their procurement centers, logistics centers, etc. are not very good, and it is more appropriate to talk about them after they are eliminated. ”
"And they let you be the chairman, it should be that they understand that you don't interfere too much in the company's management, so when they become the president, they are actually the company's decision-makers, and their abacus is very fine. ”
"I am more interested in the second model, if we merge and acquire other stores in Asia, the market will be greatly expanded, the number of stores will also increase a lot, and we can better control costs. ”
Lu Dong had a different opinion at this time: "I think the first model is more suitable." On the side of the treasure island, the family is cooperating with the Datong Group, and the development is not bad, and the Datong Group has made a lot of money. ”
"We can discuss with the other party and send another person in charge to serve as the chairman, such as Mr. Zhang. With Mr. Zhang's ability, there is no problem in taking care of both ends, and it can also ensure that the management is in our hands. ”
"As for the second option, since the other party has put it forward, it proves that their development in other markets in Asia is not very good, and we need to get rid of this burden, and we can't take it and put it on ourselves. ”
"If you think about it, at the beginning, Carlot had to choose a joint venture in Baodao, and it withdrew directly in Xiangjiang, and in several other markets, I heard that there was also the intention of withdrawing, and selling it to us at this time was to turn waste into treasure for them. ”
"And after the merger and acquisition, how to calculate the brand? Do you continue to hang the brand of Carrot, or hang the brand of our Baihui Trading?"
"If it's a family member, then there will inevitably be many contradictions in brand management, and just communication and coordination will seriously reduce our efficiency. If we use our brand, then the brand will change, the original members will also be lost, and the value of those stores will drop a lot, and we will still lose. ”
Several people expressed their opinions, and these two cooperation methods have advantages and disadvantages, but no one said that they refused to cooperate with Carrot, and this opportunity is really rare.
If they don't want to, then Carrup can cooperate with other peers, and if a large retail giant merges at that time, it will also have a great impact on the expansion of Baihui Commerce.
Guo Jijie thought for a moment: "Can we compromise the two conditions? In the market outside of mainland Asia, we will carry out a joint venture, hold 50 percent of the shares, and let Mr. Zhang be the chairman. ”
"But in the mainland, we directly merge and give Carval a seat on the board. There are so many of us, can't we still put one person on the table? Even if he enters the board of directors, he is just a puppet. ”
"In Asian markets other than the mainland, you can continue to use the Carlot brand, but in the mainland, you have to switch to our brand. related losses, we can bear. ”
There are many things involved in changing the brand, such as the internal decoration to be replaced, the shelves to be replaced, the external decoration to be replaced, the membership card to be replaced, the logistics network to be replaced, and there is a lot of money in this, which will also lead to the loss of some customers.
However, after the operation, the brand advantage can be maximized, and the related costs can be better controlled, which is better for future development.
Everyone began to follow Guo Jijie's train of thought, and everyone put forward some suggestions, all for the company to develop better, make more money, and they will be able to share more money.
Wang Haoan also doesn't want Patrons to buy Carrot's supermarkets in other parts of Asia, because they can see the ceiling. The rest of Asia is not doing well, except for Treasure Island.
Then there is a lack of leading advantages, and the brand advantage will also be reduced, and those local retail groups will not be able to do it. After the acquisition of Baihui Commerce, if it wants to develop in the cracks, it may not be successful.
According to the sales volume and market value, the Carrot is much higher than the Baihui Trading, but it is not that it can't handle those markets? The Carrot model is also a very mature model, and the business model of Baihui Commerce and Trade does not have much advantage.
If the family will fail, will Baihui Trading be successful?
And Wang Haoan thinks that the future of Baihui business also needs to slim down, after the rise of e-commerce, how many supermarkets have plummeted sales, the faster the development now, the more difficult it will be to transform in the future.
But if the price given by the family is relatively low, then it can still be considered, and it is a big deal to make a few years of money like the family space in the previous life, and then sell it to local retailers.
After everyone discussed the results, a negotiation team was formed, and under the leadership of Wang Haoan, they went to negotiate with the team of Carlot.