My 1999
Chapter 863 Core Enterprise
In the next few years, Xu Liang's plan for himself is to integrate many of his industries.
Abolish or sell non-core businesses and integrate overlapping businesses.
The two major real estate giants, Taihua and Fuhua, will be integrated. Taihua's retail business will be merged into Kelong Supermarket, turning the latter into a retail group.
The theater chain was handed over to Jiahua, allowing it to become an entertainment giant similar to Universal Pictures.
But even so, Jiahua Group is not Xu Liang's core business. If it develops well in the future, pay more attention; if it does not, sell it.
In his mind, there are not many companies that can truly become core companies.
Hongmeng, Hanhua, Standard Chartered, Taihua (Fuhua), Torch, Denong Group, and Hynix.
Global Travel, Fortescue Metal Group (FMG), New Dream, Kelong, China Wine Industry, Facebook, Penguin, Alibaba, and Kunlun are all considered secondary cores.
Secondary core is different from secondary core.
Facebook, Penguin, Alibaba and Fortescue are also core companies if they are not subject to political interference.
Especially Facebook.
After the start of the Sino-US business war, although it was ostensibly transferred to the descendants of the Xu family with old American citizenship and the support of blue-blood nobles like Montes, he was not sure whether he could keep it.
The extent of shamelessness in the United States can be seen from the experience of the currency circle boss, as well as the encounters between Huawei and Douyin.
So Facebook is just sub-core.
If nothing can be done, simply give Facebook to the Montes family, retain the wealth, and exit.
Penguin and Ali, the situation is different.
Twenty years from now, the authorities will most likely crack down on monopolies.
It is impossible to watch him hold Hongmeng, Ali and Penguin in his hands.
Therefore, the equity of the two companies will most likely be sold.
Of course, he has apparently separated.
Xu's family in Xiangjiang and Xu's family in Singapore hold equity in two companies respectively, which is similar to the modern version of the Tweet-en Order.
But whether it can be saved in the end is still unknown.
Therefore, it can be regarded as a sub-core.
Among all the sub-core companies, the one he plans to upgrade to the core in the future is FMG.
Although Tuao danced happily, he became much more honest after being beaten by Huaxia.
With a population of less than 30 million, the economic lifeline is controlled by China, and it is geographically closer to China.
As long as the rabbit's navy develops.
Tu'ao was obedient.
The third level of companies under Xu Liang’s command are companies such as Jiahua, Netcom, Hong Kong Stock Exchange, Marvel, Manchester United, and Heytea.
Level 3 companies can be sold at any time.
So what he really values and will take seriously are the sixteen core and sub-core companies.
"The merger of Taihua and Fuhua involves Kelong, which is not appropriate this year. On the contrary, the merger of Facebook and Twitter should be carefully considered."
…
Hula….
The cold and sweet watermelon juice flows down your throat.
I feel like the heat is gone in an instant.
There is a huge sense of satisfaction from the inside out.
"Cool."
Xu Liang praised greatly.
Turning to look at Mo Manniang, she took a small sip. Although she looked very elegant and beautiful, it was really not refreshing.
"Wanwan, you have to eat a lot of watermelon to feel it. What's the point of doing this like you?"
Mo Maniang tucked a few stray strands of hair behind her ears and smiled.
"It's good to eat less, but it's uncomfortable to eat too much."
"That's right. Watermelon is a cool thing. If you women eat too much, it will cause menstrual cramps."
He said and chewed another piece.
"Brother-in-law, you ate such a big watermelon." Mo Hongzhuang complained from the side.
"Haha, you don't want to eat, and you can't waste it, so I reluctantly wrap it up." The topic changed, "Wanwan, are you still going back to England?"
"Yes. I still have a year and a half left in my master's program, so I will definitely go back."
"Auntie, will I accompany you back?"
"My dad was sent to Australia by you."
Xu Liang didn't care when she looked like she was asking questions knowingly.
"I'm going to Europe in a few days. Do you want to come with me?"
"Are you going to Europe?"
The two women said in surprise.
"Some work stuff."
He did not elaborate.
The two women didn't ask in detail. Mo Maniang didn't care much about his work, but she also knew that with Xu Liang's current net worth and halfway through his career, it was normal for him to fly around the world.
Mo Hongzhuang is very interested, but she is very smart. Xu Liang doesn't tell them now because he doesn't intend to let them know.
So Wisely didn't speak.
After Mo Maniang pondered for a while, "Mom and dad are going to Australia together in a few days to help dad settle down. I will go with him first, and then return to England."
"Cousin, I will go back to England first."
This girl is very bold. After Mo Manniang agreed, she even gave Xu Liang a wink and raised her 36D headlights, which was full of temptation.
If it weren't for Mo Maniang's presence, Xu Liang, who was still fresh and fresh, would have to clear her spiritual channel.
…
capital Airport.
Bonima and Zeng Liqing walked out quickly with their entourage.
Seeing the sign welcoming them, the two people quickly went to greet them.
"Mr. Ma, Mr. Zeng, I am Xu Lang from the Red Rock Fund President Office. Mr. Xu asked me to greet you."
"Hello."
After the two sides shook hands.
After getting into the car that came to greet me.
"Secretary Xu, shall we go see Mr. Xu now?"
"You are tired from the journey. Mr. Xu said that you two can take a rest and meet again in the afternoon."
Ponima nodded and said nothing more.
The motorcade came to the Langmuyuan Hotel on Xizhimen North Street and arranged for the group to stay.
"You two can take a rest first. If you need anything, just call me directly."
Xu Lang said.
After taking the business card from him and taking a look at it, Zeng Liqing nodded.
"Thank you."
"You are welcome. We are all family. You can take a rest first. I will not disturb you."
"Secretary Xu, take care."
Xu Lang smiled and nodded, then turned and left.
Watching him go away, Zeng Liqing closed the door.
Looking at Ponima standing by the window and looking out.
"What are you looking at?"
"It is very prosperous here."
Ponima said.
"For such a large commercial complex, it is natural that it is prosperous." Zeng Liqing said with a smile.
"I heard that there are more than 30 Taihua Plazas under construction across the country, with an investment of nearly 40 billion Chinese yuan." Ponima sighed, "Boss Xu is so rich."
"He is ranked second on the Forbes Global Rich List, of course he is rich."
"He is so rich, but he keeps an eye on our Penguin every day. This time he wants to merge Hongmeng Entertainment as a whole. What is he looking for?"
Zeng Liqing smiled and said, "Of course he saw the potential of Penguin. Apart from that, I can't think of any other reason."
Ponima smiled and nodded, "To be honest, I didn't expect Penguin to have such an important position in Boss Xu's heart."
Glancing at him, Zeng Liqing said.
"Boni, do you really want Penguin to acquire Hongmeng Entertainment?"
"You don't want to?"
"Of course I hope to make Penguin bigger, but we all know that we have no hope of acquiring Hongmeng Entertainment on our own, even if we divest Hongmeng Games.
To complete the acquisition, we can only raise funds.
But the financing power of Penguin is in the hands of Boss Xu.
So, if this acquisition can be realized, our equity will be compressed again, even less than 20%.
Most of Penguin's equity will fall into the hands of Boss Xu.
Boni, we may lose Penguin!"
Looking at his serious expression, Bonima looked calm.
"I have thought about this question repeatedly before I came here.
To be honest, I don't want to lose Penguin.
But in the past five years, Boss Xu has never made any mistakes in giving advice to Penguin, and has provided great help to the development of Penguin.
Although he did not participate in the daily management of Penguin, he slowly infiltrated his influence into Penguin.
Although Boss Xu now only has half of the voting rights, if he really intends to intervene in the management of Penguin, I believe that many senior executives will tend to let him take over Penguin.
After all, he has proved his ability to manage Penguin over the years.
Although everyone has a certain affection for me as the founder, everyone wants to see Penguin succeed, then go public and ring the bell, so as to obtain rich returns and achieve class transition."
Zeng Liqing's eyes changed.
He admitted that Ponyma was right.
Loyalty is worthless in the face of huge interests.
Ask yourself, if Boss Xu really intends to intervene in Penguin, it will be difficult for him to stand on Ponyma's side.
After a pause, Ponyma continued.
"I've let it go after all these years.
Everyone works to make money. If we make Penguin bigger, everyone will make more money after it goes public, and I can naturally get a huge fortune.
So, it doesn't matter.
Boss Xu wants Penguin, so take it. I compromise."
"Boni, things are not as bad as you think. Boss Xu has so many companies under his control. Even if he is energetic, it is difficult for him to take care of them all.
Let's not talk about the long-term, just look at Hongmeng.
It is rumored that Boss Xu is rarely in the company. Most of the time, Hongmeng is managed by Xie Wen and the Hongmeng Management Committee.
Even if Penguin is controlled by Boss Xu, it will definitely be the same as Hongmeng. Boss Xu is responsible for strategic planning, and we are responsible for daily management.
It's no different from now."
Boni Ma smiled and nodded.
Of course he believed that there was no difference, but whether he would be the one to manage Penguin in the end was another matter.
He sighed in his heart.
Boss Xu threw too much bait this time. Once Hongmeng Entertainment was swallowed up, Penguin would instantly become the largest pan-entertainment giant in China.
The company's revenue exceeded 4 billion Chinese yuan.
Valuation skyrocketed.
Such huge benefits.
Even he was drooling, and Penguin management would not refuse.
If he really refused Xu Liang, he would be cut off from Penguin management.
At that time, Xu Liang would be out without him saying anything.
Facing Boss Xu's conspiracy, he really had no tricks.
…
Wangjing Building, Hongmeng headquarters.
"Old Xie, Penguin is such a small company, why do you need equity? Isn't it better to just take the money?"
Xie Wen smiled and said, "Mr. Xu, I am optimistic about the future of Penguin and I believe in your vision."
Seeing him like this, Xu Liang felt a little pain in his teeth.
This is the bad thing about being too awesome.
Everyone wants to pick up money.
"30% is too high, at most 3%." Xu Liang said after thinking for a while.
Xie Wen's mouth twitched, this is too little.
"Mr. Xu, we have worked hard to develop Hongmeng Entertainment over the years. We have worked hard even if we have no credit. We should get 20% at least."
"Too much..."
The two people argued for a long time, and finally set the upper limit of Penguin equity replacement at 12%.
In other words, Hongmeng can hold up to 12% of Penguin’s equity, and the rest can only be obtained in cash.
"Mr. Xu, you are so worried about Penguin's equity. Will he be able to reach the heights of Hongmeng in the future?"
"I don't know if it can reach the heights of Hongmeng, but the chance of becoming an Internet giant with a market value of tens of billions of dollars is still great."
Xie Wen nodded. If Penguin didn't have this potential, the big boss wouldn't be so nervous about its equity like a miser.
After pondering for a while.
"Mr. Xu, since Penguin has a bright future, can we directly acquire it in the name of Hongmeng Corporation?"
He deliberately emphasized his tone when talking about Hongmeng Head Office.
Xu Liang understood what he meant.
100% of the shares of Hongmeng Corporation are in the hands of Xu Liang.
The equity interests in subsidiaries such as Yihaodian and Bing benefited Xie Wen and other management respectively.
If Hongmeng acquires Penguin, Xu Liang’s interests will not be infringed.
"Of course I would like to integrate it if possible. But it's not possible."
"Why?"
"It's very simple, Hongmeng is not a state-owned enterprise."
Xie Wen frowned slightly, thought for a moment and then suddenly said.
"You mean 'monopoly'?"
After Xu Liang nodded, "When Internet companies have not developed, the higher authorities will not intervene. But when the Internet changes from a blue ocean to a red ocean, it profoundly affects all aspects of society."
The higher ups will definitely intervene.
I will probably not be able to keep Penguin by then, and even Hongmeng will have to streamline its business. "
Xie Wen nodded slowly.
Even countries that advertise freedom like the United States have antitrust laws, let alone China.
"You're looking too far ahead."
"It's not far away. If you don't prepare for many things in advance, you won't have a chance by the time you react." Xu Liang sighed.
"Hongmeng Entertainment's China business has been sold to Penguin. As for its overseas business, are we planning to hand it over to them as well?" Xie Wen then asked.
Hongmeng’s pan-entertainment layout is not limited to China, but spreads all over the world.
Hongmeng Music Network is the world's largest online music website, and Hongmeng Literature Network is also the world's largest online novel website.
In terms of film and television, because Universal Pictures is an independent subsidiary, although it has been developing for many years, it currently only shoots some idol dramas and films with relatively small investment.
Basically, they are laying the foundation, and their market share in the entertainment markets in Japan, South Korea, Southeast Asia and other places is not large.
Hongmeng animation and comics are similar to the film and television business.
Hongmeng Entertainment’s overseas business is not under the jurisdiction of Lily’s Hongmeng Entertainment, but is independently managed by Hongmeng’s major global subsidiaries.
Xu Liang thought about it.
"Overseas business will not be suspended for the time being."
With Penguin's current size, it is not easy to integrate Hongmeng Entertainment's domestic business. If all businesses are crammed in at once, it will be difficult to survive.
And this is the result of stripping away Hongmeng Games, otherwise integration will be more difficult.
In addition, although Hongmeng Entertainment’s overseas segment is large, most of it is losing money except Japan, South Korea, Europe and the United States.
This makes integration more difficult.
"Step by step?" Xie Wen said.
Xu Liang nodded.
"Snake Tunxiang is too easy to cause trouble, so take your time."
It has been roughly decided and will be slowly advanced as Penguin develops.
"What arrangements are you going to make to Lily?" Xie Wen asked instead.
The CEO of a huge subsidiary now only has the Hongmeng Games Huaxia subsidiary, and his business has shrunk by more than half. He must feel unbalanced.
Xu Liang frowned.
Xiang Lili is also an old man in the company. She has worked hard for many years and led Hongmeng Entertainment Huaxia Company to continue to grow.
Although Hongmeng Entertainment caused some trouble this time, it would be too harsh to fire her just because of this matter.
"Can she join Penguin?" Xie Wen said.
"Yes, yes, after the change of Penguin's management structure, the interactive entertainment division and Hongmeng Entertainment business have joined together, but I am afraid that she will dislike Penguin's small scale and be unwilling to go."
"I'll communicate with her first. If she doesn't want to, then we can only optimize it."
Hongmeng's senior management has made mistakes every time. As long as they have made no mistakes, the status of the senior management is very stable.
Moreover, Xiang Lili's status is too high, and there are not many positions suitable for her, so it is even more difficult to adjust.
Hongmeng doesn't care for idlers either. If she refuses, she can only be fired, no, optimized.
"You tell her that if she is willing to go, she will serve as Penguin's executive vice president and general manager of the Interactive Entertainment Division. When Penguin goes public, she will also receive company options."
Xie Wen nodded.
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