Chapter 701 Champion Building Meeting (I)

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On June 12, 2017, the 'Rose Garden', which has been popular since its opening, was closed today, and the announcement posted on the Taoyuan Resort website explained that it was closed for renovations.

But in May and June, the hottest season for tourism, it's obviously unusual to shut down a tourist's favorite attraction.

Of course, this 'unusual' did not attract too much attention.

"Sister, it's so boring to sit here. The scenery outside is so good, I want to go out for a walk!" Wang Ying, who was twisting around in the chair, did not dare to make too much noise due to the atmosphere of the scene and the presence of big people, and couldn't help but whisper to Wang Qiong, who was sitting on his right.

"No, you're not allowed to go there today. Stay here honestly!" After glaring at his younger brother, Wang Qiong commanded in a low voice.

Looking at Wang Ying, who instantly became depressed, Wang Qiong couldn't help but sigh in her heart. Although his younger brother can't be regarded as a gentleman, he doesn't have much interest in politics and the army. As for business, there is nothing but the profession of 'art broker' that instills enthusiasm in times of lack of money.

However, it also really responds to the saying that fools have foolish blessings. Wang Ying, who is thought to have little success in his life, happened to know Wang Zheng, a generation of business wizards who are now recognized by more and more people. Hitching on the other party's ride, her stupid brother can not only get more than 200 million Huaxia yuan in dividends from the 5% stake of 'Baiweiju' every year. Now, I have the opportunity to participate in the PE investment of 'Maxim's Food Group' and 'Taoyuan Kee'.

Originally, Wang Qiong felt that she had attached enough importance to this opportunity. But when he saw Ma Yun, Ren Zhengfei, Lei Jun, Ma Huateng, Li Yanhong and other domestic business tycoons, as well as Andre Morgan and John Morgan father and son, Warren Buffett and Howard Buffett father and son, Abu Dhabi Investment Authority Vice Chairman Zayed, Kuwait Crown Prince Sabah, Dubai Prince Hamdan, Sumitomo Mitsui Bank Chairman Yasuo Mitsui, Temasek Holdings Executive Director and CEO He Jing, family roots comparable to Rothschild's Widmore brothers.

If you take out any of these people, when it comes to influence, it is no worse than their Wang family, or even stronger. Therefore, it can also be seen how rare the opportunity for PE investment in 'Taoyuan Ji' and 'Maxim's Food Group' is this time. So much so that Wang Qiong, who didn't even have an elder in the family, felt that among all the people on the scene, their Wang family was the most weak. Even weaker than the Huang family and the Long family sitting on the side.

Therefore, when it is no longer possible to seek help from her elders, she can only hope that Wang Zheng will miss the relationship between Wang Zheng and Wang Ying, and will not let their Wang family be at the bottom of this cooperation. Therefore, Wang Qiong, who was already bottomless, would not let Wang Ying leave no matter what.

Just when Wang Qiong's heart was fluctuating, except for Yasuo Mitsui, who had already received Wang Zheng's instructions, it seemed that the old god was there. The rest of the dozen or so, including Ma Yun, who was closest to Wang Zheng, were a little uneasy in their hearts. One is suspicious of Wang Zheng's influence, and the other is because today's competitors are a little too strong.

"Fourth uncle, today's situation is a little troublesome, and the cooperation agreement we discussed before is estimated to be overturned!"

Long Jianbin looked at the powerful people talking in a low voice around him, and exchanged opinions with his fourth uncle Long Chuncheng in a low voice.

In fact, Long Chuncheng, who shoulders the responsibility of the family's cooperation with Wang Zheng, the most outstanding rising star in the business world, is even heavier than his nephew's heart.

"Let's take our breath and see what the situation is, and we have the chips he wants. ”

Long Jianbin nodded, and after a while, he hesitated: "However, Runhua Gas and Runhua Entrepreneurship are the core of the seven major business sectors of Runhua Group, not to mention the State-owned Assets Supervision and Administration Commission, Song Lingfei, the secretary of the Party committee, is not a person who can be easily convinced!"

"The SASAC is indeed a hurdle, but you also know the situation in our family. As long as it is not illegal and does not involve the loss of state-owned assets, there is great hope that this transaction will succeed. As for Song Lingfei.... After a pause, Long Chuncheng narrowed his eyes, "Wang Zheng said that he can solve it himself!"

"Can he move Song Lingfei, this guy is notoriously smelly and hard!" Long Jianbin said in surprise.

"I thought it was impossible before, but after seeing today's situation, I have more confidence in him!"

Hearing this, Long Jianbin turned his head to look at the Rockefeller father and son who were present, the three royal family members of the Middle East, the core helmsman of the Mitsui Foundation, Buffett and his son, and the domestic technology giants, and inexplicably agreed with Long Chuncheng's words in his heart.

"This guy really can't be guessed by common sense!" Long Chuncheng said with emotion.

At the same time, an inexplicable jealousy rose in Long Jianbin's heart. He has always thought highly of himself, and he is much older than Wang Zheng, but when it comes to influence, he is so much worse than the other party?!

"Jianbin has a correct mentality, the reason why our Long family has been prosperous until now is because we always keep in mind the twelve-character family motto of 'generosity and sincerity', 'diligence and tenacity' and 'modesty and prudence'. Don't let lust ~ hope blind you. Long Chuncheng frowned and said.

Long Jianbin's heart was shocked, and after taking a deep breath, his expression became calm.

"Fourth uncle, I know!"

Long Chuncheng nodded with satisfaction, although this nephew has a high self-esteem in many cases, he can listen to persuasion in most cases. Moreover, the wrist and ability are extraordinary, although there is still a lack of calmness and caution, but with the growth of age and the accumulation of experience, these can be changed.

"Remember to read and think more for a while, and don't speak lightly. ”

"Yes, Fourth Uncle!"

As soon as Long Jianbin's words fell, there was a chaotic sound of footsteps in the corridor outside. Everyone's hearts were shocked, and after Ma Yun was the first to stand up, the rest of the people stood up without falling.

As the footsteps approached, wearing a white long-sleeved shirt, black trousers, and a pair of Bailuti brown leather shoes under his feet, he was dressed refreshingly, his figure was straight, and with a faint smile on his face, Wang Zheng, who was calm and confident, strode in from the door.

Behind him, Wang Gan, Dian Wei, Chen Qing, and Wang Peng followed in turn.

After walking to the center of the hall on the third floor of the Zhuangyuan Building, Wang Zheng's profound gaze quickly swept over everyone.

"Guys, I'm sorry. Something happened at home temporarily, so everyone waited for a long time!"

"Brother Wang is polite. It's not the appointed time yet, so it's not late!" Ma Yun laughed.

Wang Zheng smiled and nodded.

"Let's do it, everyone!"

After everyone sat down in turn, Wang Zheng unceremoniously sat on the main seat in the middle.

"I know we all have our own things to do, and time is precious. Moreover, I am also very good friends with the ranks, and we don't need too much politeness. Let's get straight to the point!"

Wang Zheng waved his hand, and Wang Gan, Dian Wei, Chen Qing, and Wang Peng understood. The four of them immediately opened the thick bag of documents in their hands and distributed them to everyone present in turn.

"There are four documents here!, namely 'Tao Yuan Ji Asia' and 'Tao Yuan International', as well as the financial statements and development of the four companies 'Maxim's Gourmet Group Asia' and 'Maxim's Gourmet Group International', as well as their development plans for the next three years. The rank has ten minutes to look at them, and we'll talk about them in ten minutes!"

The four pieces of information provided by Wang Zheng are undoubtedly crucial reference data for everyone who wants to invest. Therefore, after getting it, almost no one spoke anymore, and there was nothing else in the entire hall of the champion building except for the sound of 'rustling' turning papers.

Ten minutes isn't a long time, but for experienced people, it's enough to find the key data they're interested in from these sources.

After seeing that the time was almost there, Wang Zheng said again: "Before starting the real negotiations, I would like to announce to you a good news related to this negotiation... After friendly negotiations with Alain Widmore and Gérard Widmore, 'Taoyuan Ji' officially acquired a 60% stake in Chanel for $11 billion. The acquisition contract was formally signed two weeks ago and has been reviewed by the EU Ministry of Commerce. Therefore, I am honored to announce that 'Chanel' will become the ninth sub-brand of 'Tao Yuan Ji', specializing in high-end perfumes and cosmetics. ”

"Whoa...!"

With Wang Zheng's applause and the two Widmore brothers' compliance, loud applause rang out in the champion building.

"This is really unexpected and surprising news. It seems that if we want to get a stake in Taoyuanji, we have to make more investments on the original basis!" said Warren Buffett with a laugh.

Even so, he was quite surprised. After all, Chanel and Hermes are the only two brands among today's top luxury goods that have not been acquired by a consortium. And it is really surprising that Wang Zheng was able to convince the Widmore brothers to get a controlling stake from them.

However, after being surprised, think about what happened to you. Buffett also vaguely guessed the means used by Wang Zheng.

"Investing more because of good news should be a happy thing for investors!" Ma said.

"Mr. Ma is right, but if Mr. Wang raises the valuation of Taoyuan Kee too much, it will not be a happy thing for us investors!" John Morgan smiled.

After glancing at John Morgan, who was sparkling in his eyes, and after sweeping the old Morgan who was there next to him, Wang Zheng smiled at everyone's attention: "Ladies and gentlemen, my asset appraisal of 'Taoyuan Ji' and 'Meixin Food Group' today will definitely remain within a reasonable range. As for whether you vote or not, it's all voluntary!"

"No matter what others do, our Wang Foundation will definitely not miss this opportunity!" When everyone nodded, Wang Qiong rushed to the front to express her support.

Of course, her speech also attracted everyone's attention. It is the first time to be noticed by so many big people, even if she is from a wealthy family and well-informed, she can't help but beat the drum in her heart. However, she can only use this kind of support to increase her weight in Wang Zheng's heart.

As of May 31, 2017, after taking into account the revenue of Chanel, Taoyuan Asia achieved a cumulative revenue of US$4.883 billion and a net profit of US$1.927 billion in five months of 2017, and a cumulative revenue of US$2.589 billion and a net profit of US$734 million in five months of 2017. ”

“… In the three years since the establishment of Taoyuanji, the average annual growth rate has been 3.8 times that of the previous year. Moreover, so far, the main revenue of 'Taoyuan Ji' is still in Asia, especially Huaxia, which accounts for 71.8% of the total revenue. This figure means that in the next three years, Taoyuan Ji will still be in a period of rapid growth. In particular, 'Taoyuan Ji International' has grown faster. … We are confident that with the high quality of the 'Tao Yuan Ji' series of products, we will achieve a total revenue of US$15 billion and a net profit of US$4.5 billion by the end of this year, and a total revenue of US$25 billion and a net profit of US$9 billion in the next three years." ”

"Therefore...!" After a pause, Wang Zheng's gaze quickly swept over the concentrated crowd, and said in a firm tone, "We value the assets of 'Taoyuan Ji Asia' at $100 billion, and are willing to sell 20% of the preferred shares. The valuation of Taoyuan International is $60 billion, and it is willing to sell 35% of its common stock!"

"Mr. Wang, isn't this figure a bit exaggerated! Even if you include 'Chanel', with the current revenue level and profit margin of 'Taoyuan Ji', it is not worth such a huge valuation of 160 billion US dollars!"

As soon as Wang Zheng's words fell, Huang Zihui immediately retorted.

Wang Zheng glanced at her and didn't answer immediately.

"Is there anyone here who thinks it's inappropriate?"

Huang Zihui frowned and looked at the people around her, originally she thought that there were many people who thought the same way as her, but after looking around, she found that no one spoke at all except herself.

"Sumitomo Mitsui Banking Corporation is willing to invest US$5 billion to acquire a 5% preferred stake in Taoyuan Asia. ”

"JPMorgan Chase Bank is willing to invest $5 billion to acquire 5% of the preferred shares of 'Taoyuan Asia'. Invest $1.8 billion to acquire 3% of Taoyuan International's common stock!However, we hope that Taoyuan International will be able to go public in three years!" John Morgan began.

"Ant Financial invested US$2 billion to acquire a 2.5% preferred stake in Taoyuan Asia. Yunbo Fund invested US$600 million to acquire a 1% stake in Taoyuan Ji International. Ma Yun followed suit.

"Abu Dhabi Investment Authority is willing to invest US$4 billion to acquire 4% preferred shares of 'Taoyuan Asia'......"

The remaining 7.5% of Taoyuan Asia's shares were quickly divided between three sovereign funds in Abu Dhabi, Kuwait and Dubai, at 4%, 2% and 1.5% respectively. In addition, the three also won 15% of the shares of 'Taoyuan International'. For Middle Eastern oil tycoons, the dollar simply doesn't matter.

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