Chapter 241 Year-end meeting of the group company
After Christmas, other leagues are in the off-season, and the Premier League has to take the opportunity to play a few more games to attract the attention of more foreign fans, so the schedule of various Premier League teams before and after Christmas is still very close.
After the game with Bolton, Manchester City's next game is just three days later, that is, the first day of Christmas, and there is a day off for Christmas, so there is almost no preparation time left for the team, and as the head coach of the team, Wansheng's work is also quite busy.
Preparations, transfers, and some things about the team, Lin Lin finally came down, even if he couldn't finish working 24 hours a day.
In the midst of his busyness, Wansheng still found time to go to London to attend the year-end summary meeting of the investment company.
In the past 2006, Wansheng's investment company has expanded its scale of development, and it is no longer a small company with assets of tens of millions, at the beginning of the year, Wansheng formulated an annual strategic plan, he expected the company's assets to expand by five to six times, but he did not expect Kevin Tagore to develop better, and even exceeded the maximum benefit he expected.
Thirteen times!
In 2006, the assets of the investment company expanded thirteenfold!
In addition to the company's direct assets of more than 250 million euros, the financing scale has also reached 570 million, and the total assets have exceeded 800 million euros!
In November, the investment company wholly acquired Kevin Tagore's father's six supermarket chains in London, East and West Midlands for Β£35 million, and the full registered name became Tagorewan Investment Group Corporation.
The name was settled after a long debate between Wan Sheng and Kevin Tagore.
Wansheng thought that he had the most shares, so he thought it would be best to name the company after 'Wansheng', but of course, Tagore had the opposite opinion, he thought that the company should be called 'Kevin Tagore', and said that Wansheng's name was too strange in Europe and the United States, and finally the two of them took a step back and named it after their surnames together.
"Tagorevan, Tagorevan, Tagovan ......"
Wan Sheng thought about it for a long time. It's still a bit catchy, it's a bit of a pity that it wasn't called 'Wansheng', but 'Tagorewan' won't be too bad.
This time, Wan Sheng came to London to participate in the 'year-end summary meeting' of Tagorewan Investment Group Joint Stock Company.
In China, it is also called the annual meeting.
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After a series of developmental operations, financing expansions, and the acquisition of a supermarket chain completed in November, Tagorewan Investment Group AG has become quite large.
In particular, the acquisition was completed in November, several supermarket chains were merged, and the number of employees under the group company also increased a lot, and before November, there were only about 20 employees belonging to the group company. Now there are more than 40 senior executives alone, for a large company with assets of hundreds of millions, more than 40 employees is not much, but think about the company's more than 90% of the capital is in the US stocks, more than 40 employees.
Wan Sheng was the last to come.
It's not that Wan Sheng came late on purpose, but mainly because he was too busy with work, and he didn't have much leisure at all.
The employees of the company are also very interested in this mysterious 'boss', and some of them have been in the company for two years. The only thing that is known is that the CEO and chairman of the company is Kevin Tagore, but Kevin Tagore is only the second largest shareholder of the company, and who is the first largest shareholder. They don't know.
Employees who have been in the company for two years are not clear, let alone those who have just joined the company.
They all thought that Kevin Tagore was the leader of the company, but they didn't expect that before attending the year-end meeting, some people said that there would be big people coming.
Who is this big shot?
Could it be the legendary 'number one shareholder'?
Before the arrival of Wan Sheng. Almost everyone who didn't understand was talking about it until Kevin Tagore stood up and shouted with applause. "Let's welcome, Chairman of the Group of Companiesβ"
"Mr. Wansheng!"
Everyone in the venue stood up and applauded together, but at this time, they were still a little puzzled, "Wansheng?" Why does the name sound so familiar? β
When Wan Sheng walked into the venue, their heads were a little dazed.
This...... Isn't this the manager of Manchester City, the young Chinese coach who became famous? How did you become the chairman of the group company?
It didn't take long for someone to react.
The CEO of the group company, Mr. Kevin Tagore also has a job as an agent, he has several famous stars and coaches, and Wansheng is the most famous person under him, so it is not surprising that the largest shareholder of the group company is Wansheng, and those companies think about the company's development process in the past few years, almost every year a span of development, then the largest investor at the beginning is Wansheng, it is not surprising at all.
They accepted it.
Some employees are still very surprised, after all, the chairman is a person he knows, or a famous person, it is always better than facing a stranger.
Under the gaze of everyone, Wan Sheng walked to the main seat and sat down.
Everyone looked at him.
Wan Sheng's eyes glanced over one by one, and there were very familiar people among them, Uncle Wan Baoming, Kevin Tagore, Emile Rick and Sfeelt who were sitting next to Wan Baoming, and most of the others were unfamiliar faces, and most of them had never seen them at all.
But it doesn't matter, now they're all their own employees.
It's a completely different feeling to sit here in front of the media, where you have to think a lot about how to deal with these guys, but here you have a pretty relaxed feeling, because everyone else can be said to be their own employees and have the power to decide what they do.
As the saying goes, what men need most is 'power' and 'money'.
Most of the time, 'money' is just a number for Wan Sheng, and he doesn't need to use money much, so he doesn't feel how much money he has, but now that he has realized 'power', it feels really wonderful, and people can't help but immerse themselves in it.
Wan Sheng glanced at Kevin Tagore.
It's no wonder that this guy always likes to stay in London, it turns out that the feeling of being the 'boss' here is so good, and once he arrives in Manchester, he becomes the 'second'.
Dick ...... Dick ......
Wan Sheng almost burst out laughing, but fortunately he held back, so the expression on his face turned into a kind smile, so that the feeling of depression that he gave people with his eyes just now disappeared. Everyone also relaxed a lot.
Finally Wansheng spoke, he first summarized last year's performance, praised the company's development, "We have achieved excellent results in the past year. β
"Thirteen times, it's hard to imagine."
"I remember last Christmas, Kevin and I were still arguing about how the company could achieve billions of dollars, and then we worked out a development strategy together, but the company grew much faster than expected."
"But here I must remind you of one thing - capital does not expand as fast as possible. The greater the capital, the greater the risk. In the coming year, we still have to expand in the form of membership financing, so that the speed will not be too fast, but there will not be too much risk, we are a small company that has only developed for a few years, and the lack of heritage is the biggest problem, so our basic development strategy will not change in the next few years. β
Hearing Wan Sheng's words, many people were slightly disappointed.
If the expansion is carried out in the form of normal financing, then the group company will have a very significant benefit this year. It is not a dream to expand several times in a short period of time, and those wealthy people in Britain have long been optimistic about the development of the group company, and they all hope that the group company can be listed. A large number of shares are then purchased for investment.
If the group company were to be listed on the London Stock Exchange or the New York Stock Exchange, it is conceivable that the capital would expand to a frightening extent in the short term.
This is what everyone is optimistic about.
It is a pity that Wansheng has an absolute insistence on this issue, and more importantly, if the group company completes the listing. Then his shares will shrink significantly, and the development of the group company will be out of control.
This is unacceptable to Wansheng.
What's more, he knows there will be a financial storm next year.
If the group company is not listed. The financial turmoil will not have much impact, but the listing is completely different, so the company's efficiency will be reduced a lot, and even more serious will even mean bankruptcy, and most of the assets of the group company are intangible, pure shares, and this intangible asset is most affected by the financial turmoil.
In addition, the depreciation of the dollar has become a general trend in the future, and the euro will also be affected to a considerable extent, and in the general environment, seeking to list in the United States and even European financial markets is definitely a very bad choice.
Wansheng's attendance at the year-end meeting is also for this purpose.
He wants to make a long-term plan for the general direction of the development of the group company, of course, the specific content will only be said to the core members, this year-end meeting, just to encourage employees, after all, many of them are just into the group, they can not hear important content.
After the year-end meeting, Wan Sheng and a few core members stayed.
Everyone knows that the next step is to get to the point.
Several core members of the group company, in addition to Wan Sheng, Kevin Tagore two people hold the vast majority of the shares, Wan Baoming, Emil Rick and Sfeelt also hold a small number of shares, although it is a small amount, but compared to the assets of more than 100 million euros, even 0.1% of the shares, are worth hundreds of thousands of euros, not to mention, the benefits of the group company is amazing, many British rich people want to buy a share for investment, it is conceivable that the real value of the shares they hold in their hands can only be higher.
It is precisely because everyone has a stake in the company, and their interests are directly linked to the company's benefits, that they can be trusted.
Wansheng looked at everyone and talked about the future development strategy.
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"The general direction is 'capital transfer to China'!"
Wan Sheng set the general direction of the company's development in one sentence, "China has a large market, I think in the next ten years, China has the best investment environment in the world, we will try to put working capital into the Chinese market in the next year." β
This is the general policy.
Wansheng set this tone, the most important thing is to deal with next year's financial turmoil, if the memory is not wrong, next year's financial turmoil will be the least affected is China, it can be said that the country has hardly been affected, put capital into the country, you can avoid this crisis.
In addition, Wansheng is also really optimistic about domestic development.
Even if you don't invest in the real industry, the group company can also put the funds in the Chinese stock market, the domestic stock market is very unstable, but Wansheng is very clear that there is a company, the general direction is absolutely bullish, and the increase is quite large, in the next few years, it will rise several times, or even more than ten times is not a problem, that is, Shenzhen's Tengxun company.
In the previous life, Wan Sheng read an article on the stock market, which analyzed that the stock price of Tengxun Company had risen 100 times in more than ten years when it was listed on the Hong Kong stock market in 2004.
This number is quite staggering.
Tengxun company in 2004 after the listing, revenue, net profit has maintained a rapid growth momentum, in the QQ software hundreds of millions of users of the support, around the game, the development of the Internet, the later issuance of wealth management, WeChat and other businesses have extremely amazing performance, then the corresponding stock price, can achieve dozens of hundreds of times growth, in fact, there is nothing strange.
Therefore, in the next few years, if the funds are still in Tengxun's stocks, there will definitely be substantial gains.
In contrast, it is no longer necessary to keep money in the US stock market.
First, the U.S. stock market will suffer from the financial turmoil next year, even if the stock price can recover after two years, but these two years are tantamount to a complete waste, and the second is that the dollar will definitely fall in the future, and the funds are all dollars, which means that the capital will shrink significantly.
In addition, domestic investment can also bring more returns, just stocks, Tengxun's share price rise is no worse than Apple's, and the domestic investment risk is smaller, so it is necessary to transfer funds.
This is necessary if we want to maintain the rapid growth of the group company.
Only by consistently creating enough benefits can we give more confidence to the 'members' who put their money in the group company, which is also very beneficial to increase financing efforts in the future.
Therefore, the first step of Wansheng's strategy is to sell off the shares of the New York Stock Exchange, transfer the funds to the Hong Kong stock market, and buy as many shares as possible of Tengxun Company; according to the assessment of insiders of the group company, the market value of Tengxun Company's shares is only 10 billion US dollars, and if the normal acquisition is carried out, the group company can at least eat more than 3 percent of the scattered shares.
This investment will also become a fixed investment for the next ten years, and will not change again.
When other assets are reinvested, it is necessary to carry out the operation of the real industry.
Wansheng is optimistic about the domestic food and medical industries, which also have the greatest development potential, and he only needs to set a general direction in this regard, and Kevin Tagore and others will do everything themselves. (To be continued.) )