Half a month later, "D&F Saudi Joint Stock Company Limited" was officially established in Riyadh.

The legal representative of the company is still Serena, and she is the controlling shareholder, the other shareholder is Prince Waleed, who provides the funds and venues.

In addition to technology and patent licensing, Serena's investment capital also includes procurement contracts from the Saudi Ministry of Defense.

In other words, in the future, the "Saudi subsidiary" will sell DF762 series firearms to Saudi Arabia and undertake the after-sales service agreed in the contract.

Along with the transfer there is a joint venture plant.

Because the joint venture plant has not yet been built and will not be put into production until next year, the DF762 series of firearms sold to Saudi Arabia before this time is still produced at D&F's Edinburgh factory, but it is sold through the "Saudi subsidiary", nominally as the "Saudi subsidiary".

Of course, there are many more problems involved in this.

For example, the transfer of DF762's patents and contracts to the "Saudi subsidiary" without compensation is tantamount to the transfer of the company's assets, and Selina is not the sole shareholder of D&F.

Although the other shareholders did not care very much, in order to avoid legal trouble, after all, the UK has a well-established commercial legal system, so before the establishment of the "Saudi subsidiary", Serena adjusted the share structure of D&F company and increased the shares of other shareholders.

The establishment of a "Saudi subsidiary" is a crucial step.

You know, D&F's main business is to sell DF762 series firearms to Saudi Arabia, and even the only business item at present.

In addition, with the "Saudi subsidiary", it is possible to justifiably export equipment for the production of firearms to Saudi Arabia.

In fact, after the creation of the "Saudi subsidiary", the D&F head office was completely hollowed out, and all that remained was an empty shelf.

However, it is not yet time for the D&F head office to close.

A week later, "D&F" was officially renamed "D&F Group of Companies", and the original headquarters in Edinburgh became the headquarters of the group.

The ceremony was a grand event, with the Mayor of Edinburgh, dozens of Scottish MPs, and several Scottish MPs.

According to the official announcement of D&F, this is a landmark event for the company's development and growth.

It seems that this is really the case.

If a company is compared to a warship, then a group of companies is a fleet, and theoretically it takes at least two warships to form a fleet.

Actually, is that really the case?

Under the modern corporate structure system, most of the group companies are just an empty shelf, and all vital resources such as business, assets, and capital are in the hands of the subsidiaries.

Of course, if the group company is strong enough, it can also control its subsidiaries.

A typical example of this is BAE Systems.

BAE Systems is also a group company, but the group company is strong, so it has control over dozens of subsidiaries under its name.

There is an example of the opposite, and it is FN company.

FN is also a group company, but it has been going downhill, and the influence of the group company is getting smaller and smaller, and it has long lost control of its subsidiaries.

For example, FN America is completely independent and has nothing to do with the FN group of companies.

When it comes to control, D&F certainly has no problem.

It's just that this is not Wang Dong's purpose.

According to the announcement issued by D&F, the main purpose of the establishment of the group company is to successfully complete the acquisition of FN and expand the company's business scope.

This is a high-sounding reason, and it is fully in line with UK law.

In addition, this is also what the acquisition of FN must do, that is, if FN wants to operate independently, it also needs to obtain the status of an independent subsidiary, so the D&F company that acquires FN must be reorganized into a group company, and the company system is used to ensure the independence of FN company.

In fact, this is the main reason why the British authorities approved the restructuring of D&F into a group of companies.

Quite simply, the British authorities, driven by BAE Systems, fully supported D&F's acquisition of FN in order to strengthen the British military industry.

Subsequently, the D&F Group of Companies formally applied for a third-party guaranteed loan of 8.5 billion euros from the United Saudi Bank.

This "third party" is none other than the Saudi royal fund.

At this time, the Belgian government had already approved the transfer agreement for FN's shares, as did the government of Valen, the GIAT Group and the German Group Holding Company.

All that's left is for D&F to pay for their shares.

The signing ceremony was held at FN's headquarters, and Serena was personally present in her capacity as the chairman of the D&F Group of Companies, accompanied by Gao Jun.

Wang Dong didn't go, he was just Serena's personal bodyguard.

Of course, there are more important things for Wang Dong to come forward in person.

"To be honest, when I met you in Miami last year, I didn't believe that you and Jiu Mei could become real entrepreneurs."

"No way, this is also forced."

"Ryusi" shook his head with a wry smile and said, "To be honest, this is also what you deserve. ”

Wang Dong let out a long breath and looked at the sedan parked across the street, to be precise, the agent who was sitting in the sedan and accompanied the "Dragon Four".

Two years ago, Wang Dong was similar to that agent, how could he have imagined that there would be today?

"The above attaches great importance to you, and the old man has stated that he can provide the production process of guns and ammunition to help you produce submerged bullets in Saudi Arabia."

"That's all?"

"Be content, what more do you want?"

Wang Dong smiled, knowing that he was indeed a little greedy.

"Of course, the premise is the same, the key technology must be in your own hands, and you are responsible for it, and you will be asked any problems."

"How do you ask?"

"Long Si" rolled his eyes and said, "As for the propellant and primer, they can only be imported from China. ”

"Do you have to file separately each time?"

"You can sign a long-term contract, but you have to submit monthly production reports to make sure that all the propellants and primers provided to you are used for ammunition production. It's a necessary means of security, and you'll surely be able to understand that. In addition, in principle, the headless bombs produced by you can only be sold to Saudi Arabia for the time being, and if they need to be sold to a third party, they must be reported to the bureau, that is, they must go through the approval process, otherwise they will still ask you questions. ”

"What about the price?"

"Well, you go and talk to the 'Xinbao' group yourself, after all, the bureau is only responsible for safety approval, not commercial affairs."

Wang Dong nodded slightly and said: "There is no problem in negotiating with the 'Xinbao' group, but we are a small business and funds are very tight, so can you help us fight for an internal price?" ”

"Tens of billions of euros of acquisitions, or small business?"

"That's not our money, and most of it is a loss, and I'm afraid I'll even lose my underwear when the time comes."

"Come on, you kid just want to take advantage. After I go back, I'll help you ask, but I don't dare to pack tickets, and the sale will be done according to the sale. ”

"Thank you, Fourth Brother."

"Dragon Four" was a little speechless, but he couldn't do anything about Wang Dong, because it was the decision from above to support D&F.