Age of Dreams
Vol 2 Chapter 2596: Group expansion
Many people are expecting that Xiao Qi will do more for Ling Shuangshuang.
Thanks to the gossip news, many of them knew the net worth of Xiao Qi's wives, so they all felt that Mrs. Xiao from Baodao should also receive similar treatment.
Anyway, Baodao is very wealthy. These people have nothing to do on weekdays, and it is reasonable to like gossip.
In fact, the acquisition and splitting of Dingxin Group was the first step.
As Xiao Qi's most important asset to Ling Shuangshuang, Weiquan Group ushered in a tremendous expansion.
In fact, Weiquan Group was similarly aggrieved by Uni-President Group in the storm of waste oil and additives.
Many of the materials they use are determined by the head office, and they have no power to purchase raw materials themselves.
Watching the milk that I produced, being dumped bottle by bottle on TV, and seeing that the food I produced was thrown away box by box and destroyed, I knew that there were many kinds of food in it that were innocently implicated. , But they have no way to stop it.
Because the people of Baodao have the habit and tradition of "sitting in a row" when dealing with this kind of food safety problem, not to mention that several foods of the whole group are indeed problematic.
Within a few days, the old brand of Weiquan Group was in danger of being destroyed.
The employees of Weiquan Group, because most of them are still the previous system and management personnel, so they have never regarded themselves as the people of Dingxin Group. Now they are implicated, the stock price has plummeted, and the products are constantly being returned and claimed. Don't mention it.
Originally, they had already promoted to the society that Weiquan Group hopes to leave Dingxin Group and become an independent company, but the largest equity interest in Dingxin Group is still in the hands of Dingxin Group. So they have no choice.
As soon as Xiao Qi acquired the Dingxin Group, Weiquan Group immediately stopped clamoring and happily waited for Xiao Qi to take over the Weiquan Group. Inject a large amount of capital to lead Weiquan Group out of its predicament and embark on a new development path.
But I didn't expect to take a circle. The officials on Baodao blocked the Fairy Company again, and most of the shares of Weiquan Group were transferred to a little-known Ling's Trust Company.
Then Weiquan Group was very disappointed. When the president of Lingshi Trust, that is, Deng Yuan, the vice president of Former Taiwan Bay Bank of Treasure Island, asked them to go to the head office for a meeting, a group of managers couldn't lift their energy.
Deng Yuan is a talented person with excellent disciplines. He is only 32 years old this year, but he has served as the vice president of Taiwan Bank for 5 years. This shows how powerful he is.
Xiao Qi finally found many people to persuade him. Deng Yuancai finally nodded and quit and became the president of Ling's Trust.
He is such a smart man, of course he would not fail to see the look of the people under him.
So he did not hesitate to say a few measures to be implemented.
First, when the stock recovery is completed, Ling's Trust will allocate 500 million US dollars to Weiquan Group to expand the production scale of the Weiquan Group and expand the scale of the supply chain under its control. It is best to control a few more food production bases by itself. Only by taking these raw materials into our own hands can we avoid this situation from happening again.
second. In the next step, Ling's Trust will use 4 billion US dollars of funds to fully acquire the three food companies of Xu Fu Ji Food, Longfeng Group and Yonghe Soy Milk, turning them into subsidiaries of Weiquan Group. Create as many networks as possible in the food industry and join forces to grow bigger and stronger.
Third, all food companies under the Weiquan Group will give priority to cooperation with Treasure Island, Thailand and later Malaysia, the Philippines and other countries, and will give priority to the products of the food companies under the group, and it is expected that within three years, the company will Opened 30,000 stores in the island and Southeast Asia.
"boom……"
The general manager, deputy general manager, director of the production department of Weiquan Group... and a group of people were dumbfounded and peeked at each other. I thought I heard it wrong.
But everyone looked at Deng Yuan sitting on the stage again, and immediately knew that they had heard nothing wrong.
So they were so excited that they almost screamed.
Good guys!
This is called all suffering!
After such a sharp drop in the market value of Weiquan Group. Originally it was not more than 500 million US dollars, and now Ling's Trust has invested another 500 million US dollars in it. That is equivalent to doubling the assets!
And after these 500 million funds came in, it was all for them to expand the scale of production and expand the upstream raw material chain. This really made a group of people unable to agree more.
They suffered a loss before, isn't it because they were unable to control the raw material chain?
Now that I have money and can control a lot of raw material bases, I feel more at ease with regard to the safety of Weiquan Food.
The investment of 500 million US dollars is definitely not enough for you in mainland China. A splash of water may not be able to come out, but if you consider that the treasure island is only 36,000 square kilometers, then 500 million US dollars is a lot, which is enough for them to calmly deploy. .
If this is the case, it would not surprise the management of Weiquan Group too much.
Their bigger surprise comes from the second and third points.
Needless to say, Yonghe Soy Milk is just a chain store that sells soy milk early, and it may add up to a market value of one or two billion US dollars.
Longfeng Group is slightly larger, but it specializes in frozen foods, which overlaps with Weiquan Group’s frozen food business. However, it has a relatively high market share, ranking behind Uni and Weiquan, with a market value of about US$300 million. .
If the Longfeng Group were to be merged, Weiquan Group would directly surpass Uni-President in terms of frozen food, becoming the largest frozen food overlord on the island.
These are nothing. The most important thing is that Hsu Fu Chi Foods, which specializes in confectionery and pastry, made a fortune on the island, and then developed in the mainland. Now it is listed in Singapore and has a market value of about 2.5 billion US dollars. It is a treasure. The island is the first in this regard.
If it is included under the banner, Weiquan Group, in terms of snacks such as candies, biscuits, dim sum, etc., can be directly ranked second on the island, second only to the first giant Want Want.
Once the three companies are successfully acquired, the Weiquan Group can at least rank among the top three in the food industry of Baodao. The first is the super giant unified enterprise in the food industry of Baodao, and the second is the above mentioned. The puffed food giant Want Want Group.
From a food company that was on the verge of bankruptcy, it suddenly turned into a catering giant on Baodao. What a surprise!
What's more, although Weiquan Group is now implicated and product sales have decreased, the new owner has already thought about it for them, and the first step is to settle in.
Let’s not talk about anything else. There are 2500 stores on Treasure Island and more than 400 stores in Thailand. The total number is almost 3,000. With such a large retail terminal, you plan to sell 10 bottles of milk every day for one store. There are also 30,000 bottles of milk a day, which is equivalent to 20% of Weiquan’s daily output!
There are also a variety of snacks, frozen foods, breads and cakes, etc., all together, it really increases the revenue of Weiquan Group by more than 20%!
And with future expansion, Weiquan Group will follow the business expansion and directly sell its products to all of Southeast Asia. What a big market this is! !
...
"When I left, they looked like they didn't guard their homes. They seemed stunned." Back in the luxurious Taibei suburban villa, Deng Yuan respectfully reported to the beautiful woman sitting on the sofa.
Although the beauty in front of him was sweet and charming, Deng Yuan did not dare to neglect the slightest, because she was her boss, Ling Shuangshuang.
Next to him, she accompanied a woman in her thirties. This is Ling Shuangshuang's confidant, Wang Shuang, who is also the supervisor of Ling's Trust and has supervisory powers.
Deng Yuan is still doing things on weekdays, but when big decisions are involved, he has to report to Ling Shuangshuang first, and only after Ling Shuangshuang agrees can he use his funds and power.
However, Ling Shuangshuang said from the beginning that he doesn't know how to do business, just let Deng Yuan work hard.
Deng Yuan didn't dare to bully the boss's wife as a layman, because the boss is the richest man in the world, and he wants to get something like that. It might not end well.
Moreover, Ling's Trust also has complete regulations. Not only Wang Shuang will read the report once a month, but Mario Law Firm and internationally renowned accounting firms will cross-check the company's affairs, accounts, etc. every six months. Wait, this method is completely the practice of multinational companies, and it is quite overkill for Ling's Trust.
But Deng Yuan knew that Xiao Qi used this method for all his wives' companies, in order not to be tricked by professional managers.
This is not about trust or distrust, it is really a good way to prevent it in the first place.
"Can you not be shocked? The assets of Weiquan Group alone will swell to about 5 billion U.S. dollars~www.wuxiaspot.com~ which has quadrupled than before!" Wang Shuang smiled.
"I always feel too much." Ling Shuangshuang frowned.
"Madam, you can't think so." Deng Yuan said, "Qi Shao is to build a huge food empire for you. If the scale is not small, it is easy to be squeezed. According to the current development status, Weiquan Group will at least Can achieve a market value of 8 billion US dollars, and this piece is at least 4 billion US dollars, and the Taibei 101 building can also have 1 billion US dollars, which adds up to 13 billion US dollars, so that you will not lose to others and meet your identity. "
Ling Shuangshuang blushed, but did not refute it.
In fact, she was sweet in her heart, because Xiao Qi thought so much for her, it proved that he loved himself very much in his heart, which was more important than wealth.
She is happy, and Wang Shuang here is equally happy.
My mother is going to be developed!
The agent's sister yelled in her heart. (To be continued)
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