In 2006, the second annual meeting of the Huayin Consortium was held at the East Asia International Hotel, which was completed in 1934 and was 83.8m high, which was once the tallest building in Asia, and until 1982, this building was the tallest building in Shanghai. Pen, fun, and www.biquge.info

Today, the East Asia Hotel is owned by the Jiangtai Hyatt Group.

This is one of the gains of the Huayin Consortium's "buy, buy, buy" strategy in Shanghai, after spending a billion yuan to renovate and renovate the interior, the hotel can continue to operate for a century unless it encounters a crisis like "2012".

"Buy, buy, buy", this is just an image of Xu Teng and Li Daxiao, officially called the "East Asia No. 1 Consortium Plan", with the four major cities of Shanghai, Shenzhou, Hong Kong and Macao as the strategic leaders, Shanghai facing the East Asia and Asia-Pacific economic circles, Shenzhen, Hong Kong and Macao facing the ASEAN economic circle, and the Portuguese-speaking economic circle.

The strategy in Shanghai is clear, through the acquisition of a large number of symbolic landmarks in Shanghai, to establish the symbol of the Huayin Consortium as a leading enterprise in Shanghai, and to enhance the business status of the Huayin Consortium in China and Asia.

In the list of "Outstanding Historic Buildings of the 20th Century" in Shanghai, the Huayin Consortium has purchased a total of seven in the past ten years, two of which were briefly open for tourism and are currently closed to the public in the name of renovation.

The success of these acquisitions was, of course, due to the tacit approval and support of the Shanghai Municipal Government, which strongly invited the Huayin Consortium to take root in Shanghai.

The acquisition of Pudong Bank by Changjiang Bank, a subsidiary of the Huayin Consortium, is also fully promoted by the municipal government.

Once the merger and acquisition is successful, Changjiang Bank officially implements the dual headquarters system, the registered place remains in Jiangzhou, and the operational headquarters is relocated to Huzhou, mainly promoting the Yangtze River Economic Belt strategy.

Of course, for a long time, three years, or five years, this will be just a business gimmick, a stock market operation, but as long as the stock price of Changjiang Bank continues to soar, Changjiang Bank will be able to continue to set up more outlets along the Yangtze River Economic Belt and become more well-known.

This is the first thing to be discussed at the second annual meeting.

The second thing is Marvel.

$3.3 billion.

After four rounds of negotiations between the board of directors of China Media Group and Marvel, a deal was finally reached, and the good news is that "Fantastic Four" did not perform well at the box office.

This is one of Marvel's many most influential series and was once a symbolic work of Marvel's rise.

According to the transaction contract signed by the two parties, if the Huayin consortium takes action immediately, according to Marvel's performance accounting contract in 2005, the actual expenditure should be 120 million lower.

$3.18 billion for immediate trading.

This is a VAM agreement, if Marvel's 2005 movie box office share and peripheral revenue exceed $300 million, the purchase price of China Media Group will increase to about $3.5 billion.

If DMG had abandoned the acquisition before December 2006, it would have lost the $240 million upfront payment it had made to Marvel in 2005.

If China Media Group initiates the acquisition and ultimately fails to pass the review, participate in the acquisition negotiations, and provide financial guarantee and consulting services, Merrill Lynch and AIG will fully compensate China Media Group for 350 million US dollars.

Overseas M&A has historically been complex.

At least in the matter of acquiring Marvel, the whole operation is more complicated.

For the entire Huayin consortium, there is a problem, the consortium's annual strategy in 2006 is A-shares, there is no other strategy, that is, A-shares, to build a position, hundreds of billions of capital to flow to A-shares.

With the increasing action of the Huayin consortium, A-shares have obviously shaken off the bear market since the end of July this year and have begun to rise slowly.

Because of the lack of market confidence and the magnitude of cyclical shocks, a large number of retail investors and small and medium-sized institutions are taking advantage of this upward trend to cut off the market, which is also very conducive to the Huayin consortium to continue to invest in A-shares.

Funding is needed on both sides.

Theoretically, it would be most reasonable to delay the acquisition until May next year, and it would be in the best interest of the Huayin consortium.

The top floor of the East Asia International Hotel was renovated in October last year, and it was transformed into a conference room dedicated to the Huayin Consortium, which was quite luxurious, and the conference room on the first floor cost 100 million, from chandeliers to carpets, to sofas and seats, all of which were specially customized by the best designers.

It is not only luxurious, but also integrates the most high-end commercial technology at present, with a very dazzling function of holographic projection...... In fact, in the annual meeting of the Huayin Consortium, this kind of thing is of little use.

All of you are business tycoons, and all the data is in your head, and you remember it very clearly.

The bigwigs have a very rich experience, what business makes money and what business does not make money, everyone has their own opinion.

The investment of Changjiang Bank to acquire Pudong Bank, none of the bigwigs present objected.

Chen Daqiao wanted to immediately start the contract acquisition of Marvel, but there was silence in the conference room, everyone obviously did not support it, even if it was feasible to spend hundreds of millions more next year.

However, everyone knew that Chen Daqiao was just following Xu Teng's wishes, so no one dared to directly oppose it.

Mr. Xu was also silent, lacking understanding of this aspect, and it was difficult to determine the specific return on investment with the information in hand.

"Marvel is now mainly relying on movie licensing dividends to make profits, and the performance dividends in 2005 were quite miserable, and the "X-Men" and "Spider-Man" series can be called making wedding dresses for others, and after 2008, the authorization of these two themes ended. After our acquisition, we officially set out to form Marvel Studios, the internal run-in cycle may be relatively long, this year's acquisition, in 2007 is expected to be able to prepare for the first film of Marvel Studios, the current plan is "Wolverine" and "Iron Man" two series, by 2010, "Captain America", gradually launch "The Avengers". This is a very long-term plan, measured in terms of money, and may not be suitable. ”

Chen Daqiao's heart trembled a little, he also hoped to acquire it next year, and everyone must have no opinion, but Xu Teng felt that the time was ripe and asked to solve this matter directly in 2006.

"The problem of money is not a problem, direct acquisition, and then sign a VAM agreement to mortgage to Goldman Sachs, pay an annual interest rate of 14% in the next two years, and raise $2.5 billion." Xu Teng has already thought of countermeasures, "This means that we will acquire one year or two years ahead of schedule, and we will actually spend an additional $700 million." 700 million US dollars, the stock price of Shenzhou Media has risen, and the appreciation is definitely more than that. ”

"Can China Media Group be able to repay the extra $700 million in costs?" Li Jinfen finally spoke, all along, she did not say much at the annual meeting of the Huayin Consortium, and she would not easily hold Xu Teng accountable.

She is actually quite kind, but after all, she is also a certified public accountant, and her accounts are very detailed and clear.

"If Shenzhou Media Group can't repay it, or if it causes greater pressure on the group's finances, which is not conducive to the later development of Shenzhou Media, I propose that the entire consortium inject capital to solve it." Xu Teng made a concession and allowed all the joint partners of the entire consortium to increase the capital of China Media Group.

All the partners look at each other for a moment.

"So be it." Mr. Xu agreed, "Discuss the third topic!" ”

Under the three Swarovski crystal chandeliers with a diameter of more than 4m, the 25 co-partners reached 24, and the co-partner of the British capital was still absent, and everyone almost acted in unison, turning to the third page in the information book on the desktop.

The third topic.

A shares!

Huaxia Securities Co., Ltd. counted 140 stocks, divided into A, B, and C according to the possible increases, and made detailed plans for the scale and time of the position.

There are 47 stocks in the A file, of which 1/3 are listed companies under the Huayin Consortium.

According to an estimate within the Huayin consortium, A-shares will rise to at least 4,000 points in the next two years, ushering in the highest peak in history - this is of course underestimated, but even 4,000 points is enough to triple all stock prices.

In two years, 200 billion funds entered the market and 600 billion funds were withdrawn.

The final peak of market value is definitely more than 4,000 points, but an unprecedented 6,000 points, and the upper limit of funds mobilized by the Huayin consortium is estimated to be 200 billion funds, and the Xu family must have additional funds involved, which is estimated to be no less than this number.

This is a great opportunity for the Huayin Consortium.

For the Xu family, this is an unprecedented gamble, more than ten years of accumulation, all the funds that can be borrowed at the end of 2005, quietly involved in the stock market.

Mr. Xu, Xu Ma, and Xu Teng, the operations on both sides are carried out synchronously.

Xu Teng's personal financing through cashing out Suntech, PN Insurance and Huatai Insurance totaled nearly $20 billion, so much so that he couldn't get much money out of the acquisition of Marvel.

So, he chose to give up.

This is the secret of the Xu family.

Of course, Li Daxiao, Zheng Hua, and Zhao Danyang know that they are one of the actual responsible persons, but even within the Huayin Consortium, they will not leak relevant news.

All the funds that the Xu family was able to mobilize were pouring into A-shares.

the-shunfamliy!

The Armageddon of the Battle of the First Battle.

This is the benefit of local consortiums, it is easy for overseas capital to flow back to China, and it is almost impossible for foreign consortiums to intervene in A-shares on such a large scale.

If calculated from the lowest trough of 998 points in October 2005, A-shares have risen 6 times in two years.

The Xujia and Huayin consortium's bottom cycle in A-shares actually began in 2004, with large-scale mergers and acquisitions, constantly smashing other predators, snatching listed companies, restructuring enterprises, optimizing the industrial structure, creating excellent performance and business concepts, and waiting for this round of stock market peaks.

Delong, Nongkai, Sweet, Greencore, Zhongbai, Beihai...... All of them were knocked out.

The entire Huayin consortium currently has 33 listed companies in the A-share market, each of which has a good space for speculation, performance, and speculation.

The fact that these companies belong to the Huayin Consortium is now known to the whole country, and it is clear that when the financial reports are made public every year, it is a matter at a glance.

The five major capital companies of the Huayin Consortium hold 33 listed companies in China, and any financial professional media can count them, which is not very troublesome, and the Huayin Consortium has no intention of covering it up now.

Strength is deterrence, and deterrence is strength.

The five major capital companies and their subsidiaries also have relatively high equity and board seats in more than 40 other listed companies, and special cases like the International Trade Bureau are rare after all, and the vast majority of domestic listed companies still welcome the Huayin consortium to take shares.

As long as you can carry the banner of the Huayin Consortium, there is basically not much that does not rise in the A-share securities market, even if the short-term performance is not good, the long-term is also optimistic.

In 2006, the second annual meeting of the Huayin Consortium discussed seven topics on the first day.

The meeting lasted from 9 a.m. to 8 p.m.

After sitting for a full 11 hours, Xu Teng was a little dizzy, and the last topic, the $340 million offer, officially acquired a 53% stake in the Boston Consulting Group.

It's almost impossible to see the benefits of this acquisition, and it's purely for the stock market.

This acquisition also represents a general direction of the Huayin Consortium, which acquires enterprises through capital operations, reorganizes enterprises, provides world-class corporate consulting services, optimizes corporate management and asset structure, optimizes finances, and achieves high market value returns.

Just talk.

$340 million is just a gimmick, and in the end it is the shareholders who pay for it.

Once the acquisition is completed, it will be beneficial to the listed companies under the entire Huayin consortium to a certain extent.

After all the topics for today, the bigwigs decided to have a late-night snack and drink some beer.

Several co-partners couldn't wait to get up and prepare to leave the table, Mr. Xu suddenly remembered something and asked Zhang Liying, "How did you talk to Mr. Niu about Mengyu Group?" ”

"Let's exchange some of the shares first, and the rest is still being discussed!" Zhang Liying is not in a hurry, this matter is that others are in a hurry, she is not in a hurry, because the construction of Bo'an in the domestic dairy base is ahead of the country, the milk source is guaranteed, and there are also large-scale milk source investments in New Zealand, Australia, Argentina and Eastern Europe overseas.

Xu Teng's meaning is to merge first, and then take the opportunity to occupy an absolute controlling stake, which seems to be a loss, but it is actually the simplest strategy.

Zhang Liying didn't know that the domestic dairy industry would usher in a huge crisis in the next few years, or wanted to delay it for a few years, wait for the scale of Bo'an Dairy to reach the third in the country, and then negotiate a merger with Mengyang Group.

"You can do it yourself, it's not a big business anyway." Mr. Xu's original intention is similar to Xu Teng, but there are some things that are too obvious and not very good, a little cheap, and it doesn't matter if you don't make money.

Since Zhang Liying adheres to the independent strategy, Mr. Xu doesn't just ask, after all, Xu Teng doesn't have the heart to care about these things at present.

Everyone didn't know if Mr. Xu had other topics to discuss, so they all stood up, looked at Mr. Xu, and waited for him to speak.

Mr. Xu must have something to do, thought about it, didn't speak, waved his hand and motioned for everyone to step back first, and he discussed it with Xu Teng first.

The bigwigs left the scene one after another.

There were only two people left in the conference room, Mr. Xu and Xu Teng.

After a whole day of meetings, Xu Teng was actually quite tired, got up and poured two glasses of cognac, one glass with Mr. Xu, and sat in the conference room thinking silently.

Father and son have the same concerns.

Today's 7 topics are trivial, tomorrow's issues are the key, Huayin Consortium wants to transfer Huayin's chips, panels, and storage industries to Huateng, so that Mr. Xu is really semi-retired.

In the future, in addition to the gaming industry and family investment, Mr. Xu will basically not ask more things, that is, the veritable Asian gambling king, using the profits of the gaming industry to acquire luxury goods, liquor, and real estate, as the long-term foundation of the family trust fund.

"Your Skynet company is okay, right?" Mr. Xu took a sip of wine, thought about it, and didn't rush to ask Xu Teng if he was sure to do a good job in the three major science and technology industries, anyway, he has done it in the past few years, and his only emotion is that he must invest more money, and without money, he really can't win.

In these three areas, the country is not able to have talents, but also faces a comprehensive blockade by the US imperialists, and there is no money, so it is really impossible to do it.

Even if the Huayin consortium aims at the Samsung consortium and wants to surpass Samsung Electronics in these three fields, the price it pays is at least twice the base of Samsung, or even more, because of the technological blockade.

Mr. Xu thought about it and didn't ask about it, because if Xu Teng was in charge, he would definitely be better than him.

If Xu Teng does not succeed in the end, basically no one within the Huayin Consortium can succeed.

"Okay." Xu Teng played with the wine glass and thought about it.

"It's okay, that's not okay, I've been paying attention to the big controversy over hydropower development in the Panjiang River basin in Xigui Province, you've been busy for a few months, and you still haven't had an advantage." There is a bit of an advantage in public opinion, but that's about it. "Mr. Xu is still a little disappointed, this matter, the Huayin consortium did not operate in a big way, so as not to offend the central power giant.

Now it is only relying on public opinion, Xigui Province, Zhongrun, Dongdian in the activities, and the General Nuclear Power Group.

With so many forces to boost together, we still failed to get the central enterprise giant, because everyone can't win the China Power Grid Group, and the China Power Grid is on the other side.

"I still have a lot of scruples, I didn't do it too hard, and I couldn't do it." Xu Teng is on the side of Skynet, and he is indeed very restrained in promoting public opinion, only issues and arguments on the Internet, but no actual action.

"It's right to have scruples, it's right to have restraint, and it's not good to go too far." Mr. Xu drank wine and counted it, "Our father and son have been busy all year round, and they rarely get together to talk about things. The last time I saw you was half a year ago, when there was no Skynet company, and you didn't say you wanted to invest in hydropower projects in Xigui Province. ”

"Lao Xi, you know, if you want to make profits for the province, but you don't dare to stand in front of the stage, you ask me to help. I can't stand in front of the stage for him to shield him from the wind and rain for this benefit. Xu Teng was a little embarrassed, he had no intention of investing in Xigui Province, but now he can't invest if he doesn't.

Chen Anbang's Dongchen Group has won the construction contract of Fangzhou Port and supporting projects, a total of four contracts, signed in a package, and the entire Huayin consortium will have to pay more than 30 billion yuan in advance for this purpose, and eventually there will be a 30-year operation period.

At the end of the 30-year period, all relevant infrastructure will be transferred to Sai Gui Province.

This is the BOT model, where local governments can move forward with infrastructure construction without a penny, and there is no government debt, just loan guarantees and preferential policies, plus a 30-year franchise.

With so much money invested, it is generally not a loss, but how much you can earn depends on the level of economic development in Xigui Province.

This model is still rare in China, and the general construction developers do not have this strength, Huayin Consortium is a special case, Panasonic, Sony later in the home appliance market after the collapse, but also transformed into this model of builders.

This is not a traditional civil engineering contracting service, but a comprehensive service, especially with financial services as the center.

Dongchen Group was responsible for the construction and operation of the project, and Huaxia Financial Group, a member of the Huayin Consortium, was responsible for borrowing and financing, and in the end, most of the profits went to Huaxia Financial Group.

"I talked to you about this, mainly because your mother and Zhang Liying were a little worried, Chen Anbang with your support, has it expanded too fast in the past two years?" Mr. Xu actually wanted to talk about this matter, and for the old Jiangtai family, Chen Anbang has always been a threat.

"They mean to support another bot-based construction group?" Xu Teng guessed that the current Dongchen Group is the integration of the past Dongchen Construction and Jiangtai Construction, and the integration of Liu Yinxia's Dongying Construction, and has become the largest private construction enterprise in China.

In terms of the scale of business contracts, Dongchen Group is twice as large as Suhua Construction, and the total contract is second only to China Railway, China State Construction and China Communications Corporation, the three major central enterprise giants.

Yan Jiahe of Suhua Construction is very good at speculation, if it weren't for the big gap with Xu Teng, he almost became the richest man in China last year, but he really has to compete with the level of business management and business, where is he Chen Anbang's opponent.

Chen Anbang is a typical businessman who makes a fortune quietly, he can do a good job of the project with quality and quantity and time, the cost control is still first-class, and the efficiency of long-term operation is also very high, and he will never spend a penny more.

Xu Teng and Chen Jian have also analyzed this person, and they really feel that this person is absolutely first-class in terms of cost control and risk control in the construction industry, including investment in the coal industry and real estate industry.

It's not just a matter of low wages.

In the past ten years of business, Chen Anbang has accumulated a complete set of tricks and tricks, where to recruit suitable migrant workers, how much salary to control, how many old migrant workers, how many new migrant workers, hundreds of contract foremen in hand, when to dispatch, when to withdraw, all have a complete set of experience.

He has more than 100 large and small projects across the country, and the personnel arrangement can be accurate to each project node, even in days, including cement and steel bars...... In terms of procurement, even including the arrangement and leasing of construction machinery, he can never spend a penny.

After the same project is done, the same national standard, and on the basis of passing the acceptance, he can save ten points of net profit compared with the third and fourth bureaus of China Construction Bureau, and he can earn 100 million more for the construction contract of 3 billion.

This level is difficult for other construction companies to replicate.

Of course, many old private enterprise bosses in the construction industry in China can also do this, but it involves a lot of opportunities and life problems, such as the general manager of Dongyang Construction, which is also the private enterprise boss in the domestic construction industry.

Chen Anbang has no such problem.

In the past two years, Chen Anbang's Dongchen Construction Group has been able to keep pace with China State Construction and CCCC in taking orders overseas, and there are many factors in addition to the support of the Huayin Consortium...... These factors are Chen Anbang's own business, finance, cost, and interpersonal relationships.

"Lao Jiang is also worried, right?" Xu Teng suddenly thought of Lao Jiang, because Lao Jiang's evaluation of Chen Anbang was very high.

"yes." Mr. Xu lit a cigarette and smoked silently, "It stands to reason that you don't have to worry too much, but what is the level of this person, you know me, Lao Jiang is also very clear, and even Chen Yongnian has talked to us, worried that he will expand too fast." Mom and Dad have confidence in you, but they still hope that you will do one thing, take down the controlling stake of Dongchen Group as soon as possible, and don't raise tigers. (To be continued.) )