Chapter 349 Company Status

Xu Qing and Cole continued to negotiate for more than half an hour, Cole never agreed to 6% of the shares, Xu Qing asked him to discuss with the people behind him, only 10 days.

If Xu Qing does not reply within 10 days, Xu Qing will give up the acquisition of Lane Bank.

Cole had a constipated expression on his face at that time, 10 days is too short, and if he wants a longer time, Xu Qing is very tough, that is, 10 days.

It takes a few months to acquire a bank with assets of more than $8 billion, which is really short.

Usually, it is not possible to negotiate an acquisition without more than one year.

But Xu Qing didn't have time to wait, the online mall will be launched soon, and he wants to get the bank to cooperate with the online mall as soon as possible.

And after acquiring the bank, he will have to spend time to integrate, so Xu Qing will not have time to wait.

Speaking of which, if the acquisition of Lane Bank can be successful, then the force behind Lane Bank will be the second force to exchange interests with Xu Qing's three major groups.

Like the forces that joined the interest alliance, Xu Qing did not let them have an exchange of interests with the three major groups, and the interest alliance was to set up a separate century company to exchange interests.

The Addams family is also an alliance of interests, but the Addams family has more shares in the Century company, and Xu Qing revised the original century company share agreement.

Xu Qing left Lane Bank, and it was just time for lunch, Xu Qing declined Cole's offer to have dinner together, and he and his entourage found a high-end restaurant nearby to eat.

After lunch, Xu Qing came to inspect the three major group companies, and he had not been to the three major groups for a while.

Xu Qing first came to the future group and met with Brooke, who recently changed its name and now calls it Company C, the abbreviation of Community World.

As the name suggests, the main business of Company C is to develop and expand community websites, and the main website of Company C is the future community.

In addition to the name change of Future Company, FF Instant Messaging Software also established a subsidiary, which is called FF Company.

So now there are 3 subsidiaries of Future Group, which are Viva Company, C Company, and FF Company.

The music website developed by Xu Qing earlier is under the management of FF Company, and when the time is ripe in the future, the music website will also set up a subsidiary.

Earlier developed also the navigation website, which is classified as the management of the extraordinary company, the navigation website and the browser are a perfect match, and the management of the extraordinary company is the most suitable.

Through the integration of the name change and the establishment of subsidiaries, the company structure of the Future Group is now clearer and clearer, and it is also to facilitate the listing.

Company C has recently begun to prepare for listing, and compared to Extraordinary Company, Company C has a higher valuation and has more things to prepare.

If all goes well, it would be nice to be able to go public in one year.

Xu Qing chatted with Brooke for a while to understand the current situation of the Future Group, everything was fine, Xu Qing left the Future Group and came to the Glory Group.

Xu Qing now attaches great importance to the Glory Group, because the Glory Group is currently the most profitable company in Xu Qing.

Although the valuation of Future Group is more than 5 times that of Honor Group, its profits have been blown up.

Now the Glory Group can bring in more than 300 million US dollars in profits every year, which is very scary.

In terms of total profits, the Honor Group is not as good as Nintendo, but in terms of profit margins, the Honor Group is even higher than Nintendo.

Because most of the games of the Honor Group are now developed independently, there is no need to share profits with third parties.

There are good and bad things about this model, and the advantage is that the quality of the game, the development progress, and the profit can be completely controlled by the Honor Group.

The disadvantage is that the number of console games in the Honor Group is not as good as Nintendo, Sega, and Sonydo, and some players may not choose the Honor Group because of this.

And the pressure on the Honor Group is even greater, because it can't guarantee that every game developed will be a big hit.

If a lot of resources are invested in the development of a game, and the sales are miserable, then the Honor Group will bear the loss.

Of course, now the game content is controlled by Xu Qing, Xu Qing knows what type of game and what content can attract people, so there has not been a loss of a certain game yet.

At present, the strategy of Honor Group is that boutique is king, and it would rather have a smaller number of games than develop high-quality games.

Because according to statistics, the vast majority of players' time is mainly spent on 4 games, they will play a lot of games, but most of the time will be spent on no more than 4 games.

The goal of the Honor Group is to develop the quality of those four games as much as possible.

The Honor Group is now developing a console, and in the future, the profit of the console will be greater than that of the handheld, and even Microsoft can't help but join.

In the future, Sony Group will rely on the profits brought by the PS host for a long time.

The difficulty of host development is much more than that of handhelds, and now Honor Group has been developing the host for more than 3 months, and the development progress has not yet reached 10%.

Xu Qing wanted Glory Group to speed up the development progress, but Denning complained to Xu Qing that there was no technology, no money, and the development progress could not be fast.

Xu Qing thought about it and allocated another $500 million to the Honor Group's host development project, plus the previous allocation, the host development project will have a development cost of $2 billion.

To this end, almost all of the cash reserves and profits of Honor Group are invested in host development projects.

Denning felt a lot of pressure, and this was a project that only allowed success and not failure.

At the same time, it is also an opportunity, after the successful development of the host, the scale of the Glory Group will inevitably expand, and Xu Qing promised to reward him with the shares of the Glory Group.

After leaving the Glory Group, Xu Qing then came to the Sunlight Group, which is the weakest of the three groups.

At present, there are only two subsidiaries, one is Sunlight Publishing House and the other is Sunlight Film and Television.

Sunlight is slowly transforming itself into a company like Bertelsmann, a publishing, a bookstore, and a printing company.

At present, it has not yet been fully transformed, and it will take time, but Xu Qing is confident that the transformation of Sunlight Press will be successful.

After the online mall is launched, Sunlight Publishing House will usher in a big explosion, because Xu Qing will hand over the online mall's self-operated book business to Sunlight Publishing House.

Sunlight Publishing House is slowly transforming, while sunlight film and television are developing rapidly, because of the classic film and television scripts provided by Xu Qing, all the films and television produced by sunlight film and television are selling well.

Moreover, sunlight film and television has also chosen some film and television companies to cooperate in making classic films and televisions, which is mainly for the exchange of interests, and Hollywood's various interests are entangled, and it is difficult to cooperate with other film and television companies at all.

Xu Qing only visited the Sunshine Publishing House, which is based in Hollywood, Los Angeles, and it is impossible for Xu Qing to take a 5 or 6-hour drive to inspect it now.

As Sunlight Film and Television grows stronger and has more and more business, Xu Qing is already considering establishing Sunlight Film and Television as a new group company.

After leaving the sunlight publishing house, Xu Qing returned to the villa, and after a day's trip, Xu Qing felt very tired.

In the morning, I was tired from negotiating with Cole, and I was tired from going to the company to inspect my body in the afternoon.

Xu Qing now has more than 10 companies, and Xu Qing has to understand the situation of each company from time to time.

In the future, there will definitely be more and more companies in Xu Qing, and hundreds of companies are also very possible, and at that time, Xu Qing is afraid that he will die of exhaustion.

Too many companies are also a nuisance.