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Chapter 223 Binhai takeout war, Qingcheng abandons his son and admits defeat?!

After the meeting was over, Gu Mingzhang left first.

Luo Changan was left alone and reported another matter: "Mr. Zhang, substantial progress has been made in the spin-off of Auto Network's IT business and automobile business, and it is planned to be split into two independent companies, Auto Network and Shengtuo Media."

“Well done!”

Two months ago, Sprout Group invested 50 million to acquire 10.5% of AutoNet's shares. Luo Changan became the director of AutoNet in order to implement Zhang Shuo's strategy of spinning off AutoNet.

I didn't expect to achieve a breakthrough so quickly, more than a year earlier than the original time and space.

"The focus of the issue now is on the equity distribution. After the car network is split, the group will hold 10.5% of the shares of both the car network and Shengtuo Media. According to your instructions, Mr. Zhang, the group will only invest in new cars.

Internet, then we need to reduce our holdings in Shengtuo Media." Luo Changan said.

“More than just underweighting.”

Zhang Shuo added with a smile, "We still need to obtain the controlling stake of the new Automotive Network after the spin-off."

"I have also discussed this with Nanao Telecom, the largest shareholder of AutoNet. The basic principle is to exchange shares for subscription. After the spin-off, AutoNet's valuation must be higher than Shengtuo Media, and the share exchange can only be 2:1."

"Nana Telecom is willing to exchange shares?"

Zhang Shuo was very surprised. This meant that Nan'ao Telecom's desire for the automotive network was dissipating.

Generally speaking.

Once investment institutions enter the market, it will be difficult for capital to exit easily unless AutoNet is listed.

Unless the premium is high.

"It is said that there are differences within Nanao Telecom regarding the development prospects of the automotive network." Luo Changan said.

"so…"

Zhang Shuo's eyes flashed, could it be another butterfly effect?

There was no such thing in the original time and space.

"After exchanging shares with Nanao Telecom, the group's shareholding in New Auto Network will reach 15.75%. If it needs to obtain a controlling stake in Auto Network, it must obtain no less than 35% of the shares from other shareholders."

Luo Changan continued to report.

"Let's put it bluntly, how much more investment does the group need to achieve its goal?" Zhang Shuo did not pay attention to the details of the transaction. As long as Nan'ao Telecom is willing to withdraw from the Automotive Network, then the matter will basically be settled.

"About 150 million."

Even if Nanao Telecom is willing to exit, it will definitely require a premium. Compared with investing in Automotive Network for the first time, the price of acquiring new shares will naturally be higher.

Fortunately, the time interval between the two investments was very short, and the premium was not too outrageous.

"approved!"

Zhang Shuo was very arrogant, "I will give you an investment quota of 200 million. If possible, buy out all the shares held by other small and medium-sized shareholders as much as possible to prevent the equity from being too dispersed."

"Okay!"

Luo Changan realized that Zhang Shuo would make new moves towards Automotive Network in the future.

Just looking forward to it!

"After taking control of New Auto Network, the group will nominate founder Tang Xiang as CEO of Auto Network, not the turtle elite promoted by Nan'ao Telecom," Zhang Shuo added.

He vaguely remembered that although the so-called turtle elite had a beautiful resume, he was just an embroidered pillow.

Good to look at but useless.

The most important thing is that Zhang Shuo wants to bring Tang Xiang into the budding department and find a suitable helmsman for the group's future deployment of new energy electric vehicles.

After activating MaiLi Technology, the capital chain of Germination Group has become very tight, and subsequent cash flow will also be "dragned" by MaiLi Technology.

In the short term, the group is no longer able to make large-scale investments.

It also made Zhang Shuo deeply realize that the manufacturing industry has a huge siphoning effect on funds. The demand for funds from one subsidiary of Maili Technology alone has exceeded the sum of the other seven subsidiaries.

No wonder.

Giants like Tenda and Ali would rather fight to the death in the Internet industry and get involved crazily than get involved in the manufacturing industry.

Even if you get involved, it's just a scratch.

Not as naive as Mei Ya.

Compared with the return on investment in the manufacturing industry, the Internet industry can really be said to be just a matter of making money.

After activating Maili Technology, within the next year, Sprout will no longer be able to expand in the field of new energy electric vehicles. The latter's demand for funds is even greater than Maili Technology.

No matter how crazy Zhang Shuo is, he would not dare to play such a big game. He might lose it if he is not careful.

"no problem!"

Luo Changan nodded and took note.

Sprout now has a controlling stake, so the relevant personnel arrangements are naturally decided.

………

After Luo Changan left, Zhang Shuo was not idle and continued to process documents.

One of them.

It was Lu Kai's report on adjusting the organizational structure of Jiaoyang Holdings.

In the report, Lu Kai elaborated that in order to enhance the global competitiveness and business level of Jiaoyang Holdings, it plans to establish an international financing department, an overseas investment department, an asset appraisal department and a talent exchange center.

The so-called talent exchange center is actually to recruit top talents overseas for Sprout.

For this reason, Lu Kai has been staying in the beautiful country recently and is using his local connections to contact the top Chinese scientists in the beautiful country in order to persuade them to return to China and join the Fertile Soil Research Institute of the Germinal Group.

at the same time.

Jiaoyang Holdings also plans to set up a North American office, a European office, an East Asia office and a Southeast Asia office to provide support nodes for the Sprout Group's overseas business.

The report is not so much an organizational structure adjustment as it is a rebirth of Jiaoyang Holdings.

"I finally got the idea."

Zhang Shuo was very pleased and solemnly signed the word "agree".

Although the implementation of this report means that Jiaoyang Holdings' operating expenses will at least double, or even multiple times, Zhang Shuo still thinks it is worth it.

It is better to be proactive than to be stubborn and conservative.

It seems that Jiang Yue's promotion really stimulated Lu Kai.

It was originally too.

The dignified former head of the China Region of the Pirate Saint Group, what a high profile person he is, but since he joined the Sprout Group, all he has done is intermediary business, which is indeed a bit inappropriate.

It simply didn't show its due strength.

As everyone knows, Zhang Shuo was happy with the signing, but it made Senior Vice President Jiang Yue worried.

She originally thought that in the face of a tight capital chain, Zhang Shuo, the big boss, would be more restrained, but no idea, Zhang Shuo just "behaved" for less than half a month and started spending money "lavishly" again.

This chapter is not over yet, please click on the next page to continue reading! We want to invest in Automotive Network, and we want to support the expansion of Jiaoyang Holdings.

"When will it be the end?"

Jiang Yue had a headache, but he also knew that he could not be persuaded. He could only speed up the connection with the industrial development fund and strive to realize the official promised low-interest loan of 2 billion as soon as possible.

I really don’t know how long the budding funds can last.

Logically speaking, financing should be the concern of the group’s chief financial officer (CFO).

The CFO is also one of the core executives of the company, with a status only below that of the CEO, president, etc., and in many cases, the CFO is one of the best candidates for promotion to group president.

Because after an enterprise develops to a certain scale, the core management of the enterprise is not the business itself, but modern financial management.

A governance structure without a chief financial officer is not a complete governance structure in the modern sense.

The hanging rail is.

To this day, Sprout Group does not have a chief financial officer. In a sense, Jiang Yue has been playing this role and is responsible for the group's financing and loans and other related businesses.

"It's time to propose to Mr. Zhang to find a chief financial officer." Jiang Yue pondered.

Han Mei is definitely incompetent.

………

Somewhere in Marina City.

Just when Jiang Yue was worrying about the budding capital chain, Dacong Dianping Binhai Company was discussing internally the matter of Dacong Dianping launching a takeout business in Binhai City.

Lu Jian, Vice President of Tenda, was also invited to attend the meeting.

According to its previous promise, Tengda would not interfere with Da Cong Dian Ping's decision-making, but it could not resist Da Cong Dian Ping's decision-making and would report all matters big and small to Tengda.

Especially since the takeout business happened to be launched in Binhai City, the contacts became even more frequent.

After nearly a month of preparation, everything is ready.

Now there is a problem that makes Dacongdianping internally very entangled, and that is - Qingcheng Xiaozhu, a subsidiary of Qingcheng Retail, has actively applied to join Dacongdianping.

It's very weird.

"What kind of medicine is sold in Qingcheng Retail Store?" Lu Jian was also confused.

Not to mention that Moya and Tenda are already bitter rivals, Qingcheng Technology and Dacong Dianping are also competitors in the industry.

Moreover, Da Cong Dian Ping chose to test the takeout business in Binhai City this time, which is also very provocative.

Lu Jian even had a premonition that a big war would break out between the two sides in Binhai City.

After all, the rumor that the capital chain of the Sprout Group has been broken has been broken. Based on the previous behavior style of the Sprout Group, there is no reason to say that Dianping will tolerate Dianping’s mischief on its own territory.

It's bound to be a life-and-death fight.

For this upcoming battle, Tenda did not sit idly by and not only sent a technical team to assist Da Cong Dian Ping Binhai Company in the development and maintenance of its APP.

He is still secretly preparing a sum of funds and is ready to reinforce Da Cong Dian Ping at any time.

Where did you think of it?

The war hadn't even started yet, but Sprout surrendered in advance.

What's going on?

From Lu Jian's point of view, the only explanation is - there is fraud involved!

He has learned a lesson from the cunning nature of Germination.

In the previous dispute between Weixin and WeChat, at the critical moment, Moya completely changed public opinion by donating 100 million to the disaster area, thus laying the winning hand and catching Tengda off guard.

"Even if there is fraud, what are they trying to do?"

To be honest, Duan Xuan couldn't see through the situation at hand. "As far as I know, Qingcheng Xiaozhu, a subsidiary of Qingcheng Retail, specializes in fast food takeout, and its stores are all over the business districts of Binhai City. If Qingcheng Xiaozhu can

The collective entry into Dacongdianping is definitely a major benefit to our takeout business in Binhai City."

He was worried before.

It's also a takeaway subsidy. Qingcheng Technology has Qingcheng Xiaozhu, which must be the sea god pearl. If your own family subsidizes your own family, you have already won a hand before the war begins.

But my opponent actually gave up this huge advantage, which is really hard to understand.

It's really too weird.

"Unless it means that Qingcheng Technology was not prepared to compete with us for food delivery subsidies from the beginning..."

Lu Jian seemed to have thought of something.


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