My 1999

There are also Western 3D Woolen Textile Co., Ltd., Fairchild Dornier Aircraft China Company, Huafu Group, Xianghe Industrial, Modu Tongyue Transportation Company, Jingcheng Zongfu Real Estate, Shancheng Huangfeng Industrial, Zhongji Holdings Co., Ltd., Jingcheng Wanxinda 47 subsidiaries including electrical appliances.

These illegitimate companies of the Delong Group have good and bad qualifications, and most of them are not very good.

It should be emphasized that Delong also holds equity interests in many companies.

In addition to financial equity including Shenzhen Development Bank and Kunming Commercial Bank, there are also industrial companies such as Feicai Shares, Renfu Seed Industry, China Youth Travel Service, Huaguan Technology, Guangming Furniture, Foton Motor, etc.

There are more than 20 of them in total.

Among them, Huaguan Technology and Feicai Shares are the largest shareholders, and most of the others are the third and fourth shareholders.

After Delong's accident, the stock prices of these companies were also affected, falling by about 20%.

Looking at these various companies, Xu Liang shook his head inwardly.

With so many companies and industries, it is estimated that Tang Wanxin himself does not even know the specific names, let alone management.

It's no wonder that Deron is where he is today.

Even without the financial blood loss.

But these messy companies can also eat up Delong.

"Tell the legal teams of Hongyan and Hanhua to clean up these illegitimate companies immediately. Anyone who embezzles public funds or harms the public and private interests is willing to make up the money, and I can let go of the blame.

If you don't want to, then go to court. "

A large company is like a miniature dynasty. When it comes to the end, most of the management will become corrupt and benefit the public and private interests.

Especially when supervision is already lacking, it will only become more serious.

If Delong goes bankrupt, there is a high probability that not many of them will be held accountable.

But now that I have taken over Delong, I have also taken over all the debts.

When these guys steal Delong's money, they steal his money, but is his money so easy to steal?

“Also, make a list of the cleared assets and notify all our companies. If they like it, they can keep it, and if they don’t like it, sell them all.

I don't want any of these companies. "

"OK."

Human energy is limited.

As strong as Lao Ba, he can only take care of a dozen stocks.

Although Xu Liang has been buying and buying, he has not been paying attention to many companies.

So far, there are only nine companies including Hanhua, Hongyan, Hongmeng, Taihua Group, Master Kong, Facebook, Twitter, Hynix and Fengsheng Agriculture.

The remaining ones include New Dream, Internet technology companies, Huaxia Winery, Kelong Supermarket, and Fuhua Real Estate.

He only focuses on the annual financial report and basically does not participate in management.

Even for the nine companies he participated in management, he was only responsible for strategy and was not involved in daily management.

As its business grows bigger and bigger.

He also gradually formed his own management style: choose an outstanding person who he recognizes to be responsible for business management, and give him enough trust.

To sum it up, it can be summed up in four words: Know people well and assign them well.

Trust does not mean laissez-faire, so supervision must be strengthened, especially finance.

Therefore, the person Xu Liang admired most was Liu Bang.

Nai Gong is "not as good as Zhang Liang in planning, not as good as Xiao He in running the country, and not as good as Han Xin in warfare." All three are outstanding people, and I can use them. This is why I conquer the world.

Xu Liang himself has limited energy, and is not as good as Xie Wen, Yu Jun, Dongzi, and Jack Ma in business management, and is not as good as Shen Nanpeng, Lin Junrui, and Fu Jixun in financial investment, but they are all used by me.

The same goes for the integration of Delong this time.

Select qualified managers, plan strategic development directions, do a good job in financial supervision, and let the other party do the rest.

Denong gave it to Liu Qiangxi.

Delong's tourism assets were merged with Xu Liang's Kowloon Tourism Development Company and Universal Studios to form a comprehensive tourism group - Universal Tourism Group.

Of course this is a long-term plan.

In the short term, it will only be the merger of Kowloon Tourism and Delong Tourism.

Management remains the responsibility of Kowloon Tourism’s management team.

Tunhe Group was separately integrated by Harvest Agriculture and Master Kong.

Shancheng Industrial will be spun off and sold.

Therefore, the ones that have not been integrated so far are Hunan Torch, Alloy Holdings, Tianshan Holdings and Zhongyan Holdings.

Zhongyan Holdings and Tianshan Holdings are relatively simple.

The former is mainly cotton textile industry, while the latter is cement building materials.

Basically, they focus on the main business and it is easier to integrate.

"Have all the 'corporate development reports' of all middle and high-level managers at Zhongyan and Tianshan been submitted?"

"Zhongyan has already submitted it. A total of ninety-six copies have been handed over to the due diligence team sent by Hongyan to Zhongyan. They will be sent to you tomorrow."

“Because the due diligence on Tianshan was completed relatively late, it is expected to be submitted in four days.”

Xu Liangliang was stunned.

Turned over the materials on the table.

Hunan Torch and Alloy Holdings, two of the three oldest stocks, are industry giants.

In particular, Hunan Torch is the ‘pearl’ of Delong Industrial’s assets.

There are more than a dozen domestic and foreign companies that want to acquire Hunan Torch, including foreign giants such as JP Morgan and Goldman Sachs, and of course domestic giants such as Wanxiang Group and China Resources.

In contrast, although Alloy Holdings is large in scale, it has fewer suitors due to its long-term losses and lack of basic integration.

The predecessor of Alloy Co., Ltd. is China's largest nickel alloy material manufacturer, which was established in 1958 as the Third Electric Wire Factory of Shenhe District.

In 1961, it was renamed Shenyang Alloy Factory and became a designated production enterprise of the Ministry of Mechanical and Electrical Engineering.

In 1990, it was restructured into Alloy Co., Ltd. and listed on the Shenzhen Stock Exchange in 1996.

At that time, Shenyang Alloy's total assets reached 130 million Chinese yuan, net assets were 70 million yuan, and share capital was more than 50 million yuan.

The main product is nickel alloy, with a market share of 80%, and the business is relatively stable, with an annual sales revenue of more than 40 million yuan and a net profit of about 8 million yuan.

In current terms, they are small giants in the industry.

In 1997, China set off a wave of retreat from the state and advancement by the people.

Shenyang alloy has also been put on the shelves.

Because its business is relatively stable and its profits are huge, Shenyang Alloy is undoubtedly a popular and high-quality company.

So there are many competitors.

Deron is one of them.

Compared to those reckless heroes who only know how to spend money and gain connections, Deron is undoubtedly a smart and handsome guy.

It first hired top experts in the nickel alloy industry to conduct a large amount of research, review and demonstration work on Shenyang alloys, and also launched school-enterprise cooperation with the Financial Securities Research Center of the National People's Congress.

It produced a set of enterprise development plans for ‘Shenyang Alloy’, as well as many suggestions for the future development of the city’s metallurgical industry and other reports.

This set of tricks was brought out and the city government officials were knocked unconscious.

I've seen things happen, but I've never seen one this violent.

While others were still leaving, Deron had already flown away.

Who can withstand this?

However, just when you thought this was all Deron had, he was already on the third floor.

In order to make the acquisition successful, Delong accurately grasped the government's pain points and provided solutions.

First, take out 20 million as a mortgage.

Second, enterprise employees will not be laid off temporarily and will be allowed a half-year adjustment period.

Third, the company’s leadership team remains unchanged.

After completing this set of acquisitions of 'Big Health Care', as long as the acquirer is not the prefect's own son, there is basically no chance of running away.

After successfully acquiring Shenyang Alloy, Delong kept his promise.

But Tang Wanxin is a capable and ideal person.

People with ideals are generally unsatisfied with the status quo and always think about something bigger.

Therefore, with the scale of the national nickel alloy industry being limited, Lao Tang quickly turned his attention to other industries.

What to do?

After searching around, Old Tang spotted a good project.

space shuttle.

In 1993, the cabinet issued opinions to actively promote the development of domestic tourism.

What works up and what works down.

Many tourism and entertainment projects have been built across the country.

However, compared with the same industry in foreign countries, all domestic entertainment projects lack entertainment, so it is difficult to attract tourists' interest in participating in the experience.

It is easy to solve this problem. It is enough to introduce foreign entertainment equipment.

However, it is too expensive to introduce dynamic entertainment equipment from abroad.

Old Tang took a look.

What an opportunity!

It’s you.

In July 1997, Shenyang Alloy and the National Simulation Center jointly established the 'Beijing Taihe Alloy Dynamic Film Equipment Development Company' to develop 'space shuttle' equipment.

Shenyang Alloy has a total investment of 40 million, accounting for 80% of the equity.

It should be said that Lao Tang had a good vision for discovering opportunities. Taihe Alloy earned 26.73 million yuan in revenue in the first year of its establishment, which increased to 33.41 million yuan in the second year.

But unfortunately I was a bit unlucky.

After the 1997 financial crisis, a large number of institutions that invested in outdoor amusement parks died.

Just here in the capital, there are two big ones, World Style Park and Wardland Amusement Park, and there are even more in the country.

The tourism industry suddenly entered a cold winter.

The cabinet also issued a document asking all localities to be cautious in approving large-scale amusement park projects.

The 'space shuttle', which is closely related to the tourism industry, has naturally been affected.

Otherwise, Old Tang is capable.

As soon as he saw something was wrong, he ran away immediately.

Fifty million, Taihe alloy was sold to the Oriental Ottoman Cosmetics Company, which also came from the Western Regions.

well.

You said that you don’t want to stay in the cosmetics industry, and you insist on doing something cross-border.

It's fine now, I was directly deceived.

Why bother?

Therefore, when wandering around in the arena, be sure not to drift, otherwise it is really easy to get stabbed.

Although money was made on the space shuttle project, the goal of expanding Shenyang Alloy's scale and business was not achieved.

How to do it?

Old Tang scratched his head.

Hey, there is.

The downstream industry of nickel alloy, "power tools", is going smoothly and has a promising future.

Around two thousand years ago, power tools were a relatively unpopular industry.

Unpopular means that there are basically no powerful companies.

It is convenient for Delong to integrate with its strong capital.

In addition, the overseas market for power tools is not small, with more than 10 billion US dollars.

China's export volume has been increasing at an annual rate of 20% for 10 consecutive years.

In other words, this is still an industry with a rapidly expanding market size, and if you do it well, you can make a lot of money.

After the investigation, Old Tang was instantly moved.

A bunch of little Karami, fuck them.

With nearly 100 million people, Lao Tang spent 90 million angrily to acquire 75% of the equity of "Modu Xingtehao", the largest domestic power tool manufacturer at the time.