Sprinkle coins every day

What's more, the main premise of Xinghai Group's preparation comes from this kind of prediction of the future.

"In short, get in touch with Danshuihe Valley as soon as possible. If necessary, I can also contact the Dream Fund and the Vision Fund to participate together." Zhang Shuo didn't give Song Zhiyou room to hesitate, and directly made his own decisions on Qiankun.

In 16, in order to reduce debts, Danshuihe chose to sell nearly US$[-] billion in assets, including the sale of a minority interest in its iron ore assets in Samba.

It also plans to sell all or part of its fertilizer business and part of its stake in Samba's copper business.

"All right!"

Now that we've talked about this, what else can Song Zhiyou say?

Of course it is what the boss says.

.........

After Song Zhiyou's report, Executive Deputy Director Jiang Yue, Vice President and President of the Overseas Business Department Zhao Mingchuan, Chief Scientist Tan Yunsong, Operations Director Liu Xiaohui, Human Resources Director Wu Sheyuan, Financial Director Cai Feijuan, Chief Economist Xu Yinfeng, etc., were in charge of the project. Field work, made a simple report.

In particular, Chief Economist Xu Yinfeng made a special report on the annual audit that just ended this year.

"In general, all subsidiaries of the group are operating smoothly. Although many problems were found during the audit, none of them involved principled issues, and the overall operating risks are controllable."

With Zhang Shuo's killing of Cao Yanhua last year, this year, the subsidiaries have obviously restrained a lot.

Because the headquarters is real.

But when he looked at the audit report, Zhang Shuo's eyes were dull. Even though Xu Yinfeng was a professional airborne from the outside, he was still not 100% sure of the authenticity of this report.

It is also impossible to determine whether the various audit teams avoided the important ones during the audit process.

It's all sophistication!

But as the budding helm, Zhang Shuo couldn't put this suspicion into practice, and he couldn't even show it. He could only acquiesce in such an audit report.

In the future, it can only be dealt with after the problem is really exposed.

Unknowingly, the development has been more than five years, and the scale has expanded countless times. Although Zhang Shuo has always emphasized that "entrepreneurship is on the way", it is inevitable to fall into the vortex of big company disease.

It's just that the problem is not so serious!

.........

At the end of the meeting, Zhang Shuo made a concluding speech.

"Through the report and discussion just now, the development plans of each group's subsidiaries for next year have been basically clarified, which is very good. I am here to focus on what new actions Germination Holdings will have next year."

"As a parent company, there is only one basic principle, and that is to provide better services to subsidiaries."

The so-called services include but are not limited to talent planning, corporate development strategic planning, legal assistance, operational support, technical support, etc., and of course the most critical financial support.

This is also the fundamental reason why subsidiaries such as Mango Group can grow bigger and stronger.

"Next year, the parent company will focus on overseas markets." This is the third consecutive year that Zhang Shuo has emphasized the importance of expanding overseas markets at the annual summary meeting.

It's almost a must every year.

Because of this, in the past two or three years, major breakthroughs have been made in the budding overseas strategy.

For example, all kinds of electronic products under Maili Group have sold well all over the world, becoming one of the most popular consumer electronics brands in the eyes of global consumers.

For example-

Qinghe Group, Qingcheng Group and Pinxixi Group have all opened up in Southeast Asia.

Apps such as Weixin, Weixin Pay, Frog Browser, Green Orange Overseas Edition, Pinxixi Overseas Edition, Fetion, and Panda Live have all gained a firm foothold in major Southeast Asian markets and become one of the popular local applications.

Even the cloud services provided by Qingyun Data can be regarded as small achievements.

But this is obviously far from meeting Zhang Shuo's expectations.

An overseas strategy like Mango Motors has just started, and the overseas strategy of Dao Sui Group has not even started, let alone Lime Group, Xingyun Group and Xinghai Group.

There is still a lot of room for development in the future.

Second, except for the deeply cultivated Southeast Asian market, even in Europa, except for wheat grains, the situation has not been opened up much, let alone the North American market.

In addition, there are Asian markets such as Japan, Korea, and Tianzhu, which also need to continue to be developed.

In view of this, Zhang Shuo is going to give more authority to the overseas business department, give more resources to the overseas business department, continue to deepen the overseas market, and continue to promote the internationalization process.

The first thing to do is to adjust the organizational structure.

"In order to strengthen the group's overseas layout, the group decided to change the name of Sunshine Holdings to Sprout (Xiangjiang) Co., Ltd., which will be fully responsible for the Asian market and the Oceania market except China. The person in charge will be the president of the Asian region and report to the president of the overseas business department .”

"In addition, Germination (Prussia) Co., Ltd. was established in Europa to integrate the branches, offices, and peripheral institutions of the group currently scattered throughout Europe, and to be fully responsible for the Europa market and the African market. The person in charge is the president of the European region. .”

"Establish Sprout (New York) Co., Ltd. in North America to integrate various resources distributed by the group in North America and South America, and take overall responsibility for the entire American market. The person in charge is the president of the Americas."

"The three major regional presidents all report to the vice president of the group, Zhao Mingchuan."

In this way, it is tantamount to integrating the branches, offices, and liaison agencies that were originally scattered in various markets to form a regional company that spans continents, and is fully responsible for the operations of Sprout Holdings in this region.

In a sense, it also assumes the responsibility of Sprout's overseas headquarters.

"The levels of the three overseas companies of Xiangjiang, Prussia, and New York are all recognized as the first-level subsidiaries of the group, that is to say, they are at the same level as business companies such as Maili Group."

This is institutionally establishing the status of the three overseas companies in the budding system.

It is also to elevate operations and business to an equally important position.

Otherwise, the three overseas companies are also unable to integrate the resources of Sprout Holdings, including the overseas branches and offices of each group subsidiary, and there will still be a situation of fighting independently.

Speaking of which, this is also inspired by Samsung.

Samsung has been deeply involved in the Chinese market for decades, and it is not only Samsung mobile phones that are out of the circle. It has investments in home appliances, finance, machinery, chemicals and other fields. In order to integrate resources, it has made great efforts in one place.

All branches and investments are under the unified management and deployment of Samsung (Huaxia) headquarters.

The three overseas companies newly established by Germination Holdings, in a sense, are all playing similar roles, and will truly undertake the important task of Germination to fully enter the overseas market.

And without a doubt.

With this adjustment, Zhao Mingchuan's position in the Germination Department will also be promoted again.

In terms of personnel arrangements, Zhao Mingchuan will also serve as the president of the Asia region, and the remaining presidents of the Europa region and the Americas region will consider hiring outsiders.The general principle is to lock in as a European and a beautiful Chinese.

It would be impossible not to appoint local executives.

After Zhang Shuo announced the relevant decisions, the annual meeting finally came to an end, which also means that the 15th year has officially come to an end, and the 16th year is about to usher in the new year.

.........

Monday, May 1.

After the New Year's Day holiday, Zhang Shuo returned to the company and sat down in the office. The first thing to do, of course, was to sign and approve the appropriation application for the new quarter, which mainly included—

Appropriate 65 billion special research and development funds to the Fertile Soil Research Institute;

Appropriate 50 billion operating funds to Xingyun Group, including 35 billion special research and development funds;

Appropriate 10 million operating funds to Sunshine Holdings;

Appropriate 40 billion operating funds to Lime Group, including 35 billion special research and development funds;

Appropriate 10 billion operating funds to Xinghai Group;

Appropriate 10 million operating funds to the headquarters of the Sprout Group, including the operating expenses of the property management department.

A total of 185 billion funds.

As the end of the year is approaching, considering the year-end bonus, the relevant appropriation has increased by one billion compared with the previous quarter.

Except fixed appropriations.

In the past fourth quarter, the special expenses of Sprout Holdings mainly include——

In late October, 10 billion yuan was allocated to Germination Investment to invest in Wangke;

In mid-November, 11 billion yuan was allocated to Sprout Holdings to pay for equity repurchase fees to Dream Fund;

In late November, 11 billion was allocated to the employee care fund to start the youth apartment project;

In late December, 12 billion was allocated to Weizhong Group to increase the registration fee;

In late December, 12 billion yuan was allocated to Xinghai Group for the subsequent acquisition of overseas mineral resources.

The cumulative cost is 1875 billion, setting a record again.

In terms of income, in the fourth quarter of 15, Qinghe Group handed in a profit of 785 billion, Maili Group handed in a profit of 780 billion, and Weizhong Group handed in a profit of 95 billion.

A total of 1680 billion profits were handed over.

--slightly--

[Level]: Level 12 (1.3 million/3 million)

[Cash]: 572 billion

[Loans]: 245 billion (bank loans) + 100 billion (corporate bonds) + 84 billion (overseas loans)

--slightly--

In the last quarter of 15, due to the share repurchase, Sprout Holdings once again experienced negative cash flow growth. In this quarter alone, the net cash outflow was 380 billion.

The cash flow on Germinal's account has also shrunk further.

The only gratification is that due to the huge expenses and huge profits, the experience value finally broke through the 1.3 million mark, reaching an astonishing 12 trillion.At this rate, it is estimated that by the end of this year, the entrepreneurial level will be raised to level [-].

Chapter 514 Overseas mergers and acquisitions are frequent, but Zhang Shuo has to forbear and restrain? !

At the beginning of 16, various mergers and acquisitions have been staged one after another.

On January 1th, Mogu Street and Pretty Talked merged at a 11:2 stock exchange price. The overall valuation of the new company is nearly US$1 billion, and the prospect looks very attractive.

This can be regarded as another merger and acquisition in the field of Huaxia e-commerce.

Mogu Street was established in 11. It is positioned as an e-commerce website focusing on female consumers. Relying on the fertile e-commerce soil of Mobao, it guides traffic to Mobao with the help of social platforms through content modes such as selection and shopping guide.

thus rapidly rising.

At its peak, Mogu Street once provided Mobao with 10% of its traffic, and its own number of users reached 6000 million.

This also laid a "solid" foundation for the new company's valuation of $30 billion.

But only Zhang Shuo knew that this was just a flash in the pan.

When the original Time and Space Mogu Street went public in 18, its market value had shrunk to US$15 billion, which was directly cut in half.Wait until 22 years, the latest market value is less than 2000 million US dollars.

It's no different than delisting.

.........

The next day, Wanda announced that it would acquire 35% of the equity of Legendary Films of the Beautiful Country for no more than US$100 billion in cash.

After all, Lao Wang still couldn't bear the urge to buy overseas.

Although the acquisition of a mere US$35 billion, it cannot be compared with the previous acquisition of Hitachi Storage and Dongzhi Flash Memory, including the ongoing acquisition of Xianzhengda.

But a single overseas acquisition of over 200 billion is considered a big deal no matter what.

But how to put it—

Lao Wang is still too impulsive, and his investment vision is not very good.

Regardless of other things, when it was acquired by Wanda, Legendary Pictures was burdened with debts as high as more than 90 billion dollars, and it was under pressure to make profits. It is really not a high-quality asset.

The purchase price of US$35 billion is really a serious premium.

Wanda wants to give it a go, and even plans to integrate Wanda Films and Legendary Films together to develop into a super film and television giant that spans both inside and outside the Chinese market.

The ideal is full, but the reality is very skinny.

At the end of 16, that is, at the end of this year, the movie "The Great Wall" was released. With the results of word-of-mouth and box office smashing the street, it shattered its fantasy of creating a Chinese-style popcorn movie.

It also clearly revealed the smoke of the capital war between Wanda and Legendary Pictures to the world.

Not bad.

"The Great Wall", as Wanda's super gamble, is known as a billion-dollar investment, top Chinese and foreign directors, and a Hollywood mega-production.

Under the strong escort of the Lunar New Year file and Wanda's film announcement, the final box office was only 11.7 billion, which was far from reaching the return on investment.

The most direct feedback is that Wanda Cinemas has continued to decline, and "The Great Wall" was released for ten days, and the total market value of Wanda Cinemas evaporated by about 54.9 billion. Even grandma couldn't recognize the loss.

Then the CEO of Legendary Pictures suddenly resigned, which further verified the failure of "The Great Wall".

The irony is--