Chapter 467: Splitting and Merging [1]

The friendly visit of the 1st Aircraft Carrier Group in Chile is more than just a visit. It will also conduct a joint military exercise with the Chilean Navy. At that time, the defense ministers of many South American countries will be invited to visit, and even the president of the military equipment manufacturing group, Kasanovich, who has arrived in South America at this time, is also vigorously active, hoping to take the opportunity of this friendly visit to sell a batch of his most entry-level SEAL-class frigates.

Nowadays, the SEAL-class frigate has fully possessed the ability to manufacture independently, even without the help of advanced technology in the end of the world, the military equipment manufacturing group and the shipbuilding base have jointly tackled key problems, and have successfully manufactured their first SEAL-class frigate.

Although the overall performance is slightly worse than that used by yourself, if you don't use it, it is still quite good for export.

After the inspection of the little golden boy shoes, it has secretly placed two orders with the military equipment manufacturing group. It's not that he doesn't want to do more, but this thing is really not cheap, even if North Korea's economy has achieved rapid growth with Ji Feng's entry, it is not easy to get so much money, especially since he has ordered a batch of fighters and other equipment before.

Because this is the result of the recent completion of the tackling, and there has not yet been a large number of promotions, Kasanovic plans to take the opportunity of the joint military exercises of the First Aircraft Carrier Group in South America to sell this kind of independently manufactured frigate.

Although the SEAL-class frigates are divided according to the class of the frigates in their own hands, in many other countries their capital ships are inferior to the SEAL-class frigates. Even if they buy it back and use it as a capital ship, it's perfectly fine, whether it's offensive or defensive, SEAL-class frigates. are able to bring them great surprises.

However, these things are not Ji Feng's concern for the time being, because at this time, Ji Feng is gathering with the leaders of several major enterprises to check their merger and split proposals.

Sitting in front of him, in addition to Ding Chung-myung, president of Jeju Hotel and Restaurant Group, is Akio Shigemitsu, the president of Lotte Group, who has been busy on Jeju Island recently, this guy who is half South Korean and half mud blood. He is the second son of Takeo Shigemitsu, the founder of the Lotte Group, and originally he was only the president of Lotte South Korea, and the president of Lotte headquarters (mud bombing) was his elder brother. However, because he is more obedient, and his wrist is also very flexible, he has more prominent ideas in enterprise development and growth, so he has won Ji Feng's trust. With his support, he squeezed out his rival half-brother, Lotte Department Store president Shin Young-ja, this spring. Sitting on the president of Lotte Group (mud bombardment).

The first thing he did after taking office was to announce that Lotte Group would move its headquarters to Jeju Island as soon as possible, especially after Ji Feng threw out the two ownership agreements, this matter has been greatly accelerated.

Today, the Lotte Group headquarters has been relocated smoothly, and more than 1,000 employees, including the core research institute and other important departments affiliated with the headquarters, have arrived on Jeju Island and are restarting work in a new location.

"Both, I basically don't have a problem with this plan of yours. However, we still have to discuss specific matters at the summit and listen to everyone's opinions. President Ding. You're okay with that, right? ”

"The boss is right, it's as it should be, I don't have any opinion." Even if Ding Zhongming has an opinion, how dare he bring it up in front of Ji Feng, let alone in the small conference room of this new island owner's mansion, which is dedicated to Ji Feng, there are still Jin Tonghao, Spark, and Li Xiumei at this time.

The adjustment of several major enterprises, in addition to the integration of resources, is also a signal to these people, some of the functions of some government departments they undertook before, will be deprived in the near future, although they are still directly under the island owner's government, or under the jurisdiction of the island owner's government, but the future business rules will be decided by the new government agencies, not like now, what they want, just report to Ji Feng and get his approval.

Although this made them a little sad, after all, some power is gone, and there are more managers on their heads, but they are not unacceptable, after all, enterprises in various countries are the same, not to mention that Ji Feng originally planned to be based on commerce and tourism, and the influence of major enterprises in government agencies in the future is still unlikely to be reduced too much, but the form has changed.

The Ji summit will also not be canceled, it will be another level of decision-making body in the executive, legislative, and judicial circles, which will help Ji Feng make decisions on many domestic and international events, so that Ji Feng has more time to do what he thinks.

Ji Feng never remembered his initial purpose, he just wanted to be a carefree island owner, and leave all the other big and small affairs to the people below to make decisions, as long as he checked the strategic aspect by himself, and the rest of the time he would be able to better cultivate and explore in various passages.

The steps of this business merger and split are still very large, it is really Ji Feng Holdings or wholly-owned enterprises, there are indeed a few huge to the extent of some bloated, it can really be said that it is time not to split, not to integrate, the key is that many of the businesses under the group are overlapping, it is better to directly take out these overlapping projects, merge into another enterprise group to develop alone.

As for the equity and cash transactions involved in the process of splitting and merging, most of them are guided by Ji Feng's left and right hands, and there are not many that need to be paid to other shareholders, and according to the intention survey, most of these shareholders choose equity, and too few choose cash.

After all, no one is a fool, and in the past two or three years, they have indeed made a lot of money with Ji Feng, and only fools will ask for cash at this time.

First of all, the first thing that needs to be split is the existing Jeju Bank.

As Ji Feng's wholly-owned private bank, Jeju Bank also exercises the functions of the central bank of other countries, not to mention, even insurance, securities, which are all under its control, which has to be said to be a bit too large, and many of Ji Feng's assets in other countries are also managed by Jeju Bank, and the number of these enterprises is increasing with time, and the scale of assets is getting bigger and bigger.

It is no exaggeration to say that today's Jeju Bank can definitely rank among the top ten giants in the world, and its total assets have exceeded 1.5 trillion yuan.

As the only legal bank in the private territory, the Bank of Jeju is responsible for all financial business in the territory, which can be said to have a complete monopoly on all financial and differential businesses in the private territory.

Although the service and efficiency of Jeju Bank are quite good, this kind of monopoly behavior has still been widely criticized by the islanders, especially as more and more people from all over the world in the private territory, many of them have already obtained two-year or five-year green cards, and some foreigners are the talents needed by various groups, and their families have all immigrated to the private territory.

Asian islanders don't dare to criticize Ji Feng as the owner, but those immigrants from Europe and the Americas are used to being free, they are not afraid of criticizing Ji Feng and causing trouble, and speech on the island has always been free, and even assemblies and parades can usually be approved as long as they apply, even if these marches are to criticize Ji Feng's introduction of some policies.

In fact, Ji Feng doesn't know the disadvantages of monopoly, even if this enterprise is completely monopolized, but with the increasing size of private territory, the scale of the enterprise is getting bigger and bigger, and the bloated institution will also produce problems such as employee slackness and corruption, compared with other competitive markets, it is obvious that monopoly can not be carried out for a long time, not to mention that Ji Feng does not intend to monopolize an industry by an enterprise for a long time in private territory, and the necessary market-oriented competition still needs to be had.

As a result, the existing Jeju Bank will be split into Jeju Bank, Sabah Bank, and Kra Bank for the banking business, Jeju Insurance, Sabah Insurance, and Kra Insurance for the insurance business, and Jeju Securities, Sabah Securities, and Kra Securities for the securities business.

At the same time, Ji Feng has urged the Legislative Department to start drafting the "Securities Economist Law" and the "Insurance Economist Law", and the two different bills will be introduced and implemented in the first quarter of next year, when the Ji summit will decide on the establishment of a stock exchange in private territory.

After the establishment of its own stock exchange, in addition to the core Jeju Bank, Sabah Bank, Kra Bank, the three major insurance companies, and the three major securities companies will be listed, and the island owner's government will retain no less than 51% of the controlling stake, and the rest will be owned by the islanders on the island, and the bank shares will be subject to foreign trading restrictions.

The core Jeju Bank is still the largest bank, and at the same time it still exercises the rights of the central bank, and the overseas banking business previously carried out is still retained in this Jifeng wholly-owned bank, and the Lotte Credit Card under the Lotte Group will also be spun off from the Lotte Group and placed in the Bank of Jeju.

The insurance industry will also shine, although the three major insurance companies are almost not too different after the spin-off, but Carat Insurance will be spun off from the Fiat Group to expand the road insurance, making it instantly the boss of the three major insurance companies. (To be continued......)