Chapter 73 Strategic Partners

At four o'clock in the afternoon, Li Dong arrived at the appointment on time, and the location was located in a café on Donghu Avenue, not very far from the Carrefour branch. The main reason why I chose this place is because the coffee here is very expensive, and I am worthy of the status of the vice president.

"Governor Hu, this way!" Li Dong, as the party invited him, of course, had to arrive in advance.

"Mr. Li, happy New Year, this annual leave has just ended, why are you so anxious?" Everything in Carrefour Shopping Center falls within the scope of Vice President Hu's work.

"Governor Hu, let's sit down first, what do you want to drink?" Li Dong's enthusiasm was a little excessive.

"Let's have two cups of coffee." Vice President Hu doesn't care about the Tao, it's still important to get down to business.

"Alright then, waiter, two glasses of Frozen Century, and some of your signature pastries." Li Dong didn't drink much coffee in his previous life or in this life, he just ordered the most expensive one according to the menu.

"Mr. Li, you still have something to say, otherwise I won't be able to drink this coffee." Vice President Hu is an anxious man, and he can't tolerate Li Donghang's appetite.

"Alright then, President Hu, this year we are going to open three more branches. I came to you mainly to ask if your bank is interested? Li Dong's tone was a little tentative.

Vice President Hu did not answer immediately, but thought for a while. If you want to say that you are not impressed, it is fake, let's say that the shopping center that opened at the end of last year, in less than three months, the sales directly exceeded 10 million.

According to the calculation of 10% of the net profit of the general supermarket, in less than three months, Carrefour made a profit of more than 1 million, which is absolutely huge. Coupled with the rent of those shops, there will be at least 6 million yuan of income in a year, and the cost will be recovered within ten years.

"Mr. Li, let's not talk darkly, the reason why Carrefour's business is so good is that the main contribution is to rely on the high quality and low price of agricultural products, am I not wrong?" Vice Governor Hu analyzed that what he said was also the truth.

"Yes, it does." Li Dong nodded, in fact, what he earned was not selling vegetables, but selling water, so whether it was the production cost of the farm or the procurement cost of Carrefour, it was much lower than the market price.

"Mr. Li, I know your purchase channels, with all due respect, aren't you afraid of losing money if you do this?" Vice President Hu wondered.

"President Hu, you can check it out, my Xiaoyu Farm almost recovered its costs last year. And this year, we decided to develop another 300 acres of area, just to ensure the supply of the next branches, so you don't have to worry about us losing money. Li Dong explained.

"Really? Since you can guarantee the normal supply of Carrefour, then I will not say more. Let's talk about what kind of cooperation law, if the risk is controllable, our bank is still willing to continue to cooperate. Although Vice President Hu was a little skeptical, he finally chose to believe after listening to Li Dong's assurance.

"Then let me tell you what I think, you have two options. The first is to invest in the branches, that is, you can choose to invest in each branch we open next.

The second is to take a stake in the head office, your bank can be converted into shares of Carrefour head office at a discount, in principle, no more than 30%, as an independent director, you are not allowed to participate in the daily operation and management of the company. Li Dong slowly introduced.

Vice President Hu stopped talking again, and there are pros and cons to both options. Investing in a branch can avoid risks to the greatest extent, but the disadvantage is that it will always be controlled by others. Although it is a bit risky to take a stake in the head office, it can participate in decision-making, at least to ensure that its own interests are not harmed.

"Mr. Li, if we choose the second option, can you tell us more about it?"

"No problem, at the moment the whole Carrefour includes three stores, a shopping mall, a hypermarket, and a community supermarket. I have estimated the total assets with a professional financial company, about 73 million, liabilities of 52 million, and a surplus of 11 million on the books.

If you choose to take a stake in the head office, you need to inject another 6.3 million yuan to keep 30% of the shares. Of course, it is also possible to choose not to inject capital, then the stake will be reduced to 21.3%. Li Dong calculated carefully.

"Oh, I see. Mr. Li, you are borrowing chickens to lay eggs. As soon as Vice President Hu heard that he needed to inject capital, he knew what Li Dong was planning.

"President Hu, I admit that there is indeed a shortage of funds at present, but as you can see, with Carrefour's business performance, I think it should not be difficult to raise funds. Even if the fundraising fails in the end, we can't afford to delay it for another two years, and the impact is not too big, right? Li Dong simply spread it out and said.

"Forget it, even if you have a point. I'm going to go back and discuss this with the president, and I'll get back to you next week. ”

Li Dong was a little disappointed, in fact, with the position of Vice President Hu, he has the power to decide. It's just that as an "old fritter" in officialdom, he is too cautious, holding a work attitude that does not seek merit, but seeks no fault.

"Okay, then I'll wait for your good news." Li Dong used coffee as wine and toasted Vice President Hu.

After chatting about business, the two didn't stay long before leaving. At the same time, in the city hall building, there is also a discussion about Li Dong.

"This is the case, and Mr. Li hopes that we can reply as soon as possible." Secretary Wang closed the notebook and breathed a sigh of relief.

"Old Zhou, let's talk about it." The person who questioned him was Director Zhang of the Municipal Land Bureau, and the shares held by the municipal government were listed in the name of the Land Bureau, which could be regarded as a "professional counterpart".

"Director, I think it's better to forget it, that wasteland has been developed before, but unfortunately it failed in the end, and the risk is too great." Lao Zhou is in charge of the money bag, of course, he is strongly opposed.

"Lao Wang, you can also talk about it." Director Zhang named another person, Lao Wang is the deputy director, and he speaks more straightforwardly.

"What is it, Lao Zhou, are you stupid, this is obviously a hen that lays golden eggs, are you panicked with a lot of money?" Lao Wang retorted unceremoniously.

"You're a fool......" Old Zhou was furious.

"Alright, don't make any noise."

Director Zhang immediately stopped the pair of living enemies, he was the fool and asked the wrong person. Next, Director Zhang asked the opinions of several other people. Most people are in favor of it, and they all think that with Carrefour as a backer on the farm, it is impossible to lose at least the capital.

"Okay, in that case, let's agree to inject capital. Anyway, this is also a project developed by the governor himself, and we still have to support it. ”

Director Zhang finally said that he belonged to the centrists, and he did not want to fall to the speaker or offend the governor. Therefore, as long as it is a legitimate business practice, he will not refuse.

Lao Zhou originally wanted to refute a few sentences, but as soon as he heard that it was related to the governor, he immediately died down. With his small section chief, how can he have the ability to argue with the governor, anyway, he doesn't have much money, so let's let it be.