After shooing away several graceful waitresses in cheongsam standing nearby, Hu Gang finally got to the point and said seriously:
"What does Yida think about Hanzhou Securities?
You should also explain it to your brother!
If you are interested, Hantai will join forces with Ruixiang to clear out all the shares of other small shareholders."
"I'm definitely interested! It's just this share... there's no point in holding it for ten or twenty points."
Zhang Yida shook the blue and white porcelain tea cup in his hand, and the tea kept rolling in the cup.
“In October last year, Hantai Group took control of Hanzhou Securities and currently holds 51% of the shares.
For the other 49% of the shares, Yangcheng Securities holds 39%, and Fushun Finance Bureau, Liaoyang Finance Bureau, and TS City State-owned Assets Supervision and Administration Commission together hold another 10%.
This is my plan. The two of us will divide the 49% of the shares.
Ruixiang ate 30% of it, and we Hantai ate the remaining 19%.
Yida, what do you think of the distribution plan for Qi San?"
Wang Xiaojie threw out the plan that he and Hu Gang had long discussed, and tested Zhang Yida.
"I personally have no objection to the Q3 plan." Zhang Yida then changed the subject and said with a frown:
“It’s mainly the board of directors, it’s hard to explain.
The securities license is related to our next strategic layout."
"Oh, what kind of strategic plan is it? Can you give us some insights?"
Hu Gang asked this question calmly.
"Toulonghui Finance currently covers several major areas such as Internet finance, banking, insurance, funds, etc. In terms of number of users and traffic, we are not inferior to Oriental Fortune at all.
Next, we plan to increase our support for Touronghui Finance and add new financial subcategories such as securities, futures, bonds, and foreign exchange to fully cover the financial field.
With content operation as the core, we will become a comprehensive financial information comprehensive service solution provider."
Zhang Yida outlined the strategic planning blueprint one by one, and Hu Gang and Wang Xiaojie's eyes lit up.
"Build Touronghui Finance into a software like Oriental Fortune, Flush, and Penguin Optional Stock?"
Hu Gang was a little puzzled, so he asked.
"You can say that, but the functions are richer than them."
Zhang Yida nodded. Hu Gang's understanding is correct. The focus is still on stocks, bonds, funds, financial management and other business sectors.
Wang Xiaojie thought, if Touronghui Finance develops in this direction, there will be many places where we can deepen cooperation with Hanzhou Securities.
So he praised:
"Ruixiang has users and traffic. It is indeed a good move to develop towards a financial portal."
He glanced at Hu Gang, who gave him a look, so Wang Xiaojie said with a smile:
“Yida, do you think this is okay?
Ruixiang will take 40% of the shares, and we will take 60% of the shares.”
Wang Xiaojie also saw the benefits and made some concessions on the matter of buying shares.
But 40% of the shares was far from satisfying Zhang Yida. Zhang Yida pondered for a while and finally said:
"40% is fine. I'll try my best to promote cooperation between the two of us on the board of directors."
This was not the answer that Hu Gang wanted. Asking for instructions from the board of directors was nonsense. Hu Gang was heartbroken and said:
“Yida, do you think this is okay?
All 49% of the shares belong to Ruixiang, and we will help Ruixiang lobby other shareholders to sell all their shares to you.
If Hanzhou Securities were not too important and related to Handing's entire industry chain strategy, we could have given up the controlling shareholder to Ruixiang."
"Brother Gang, this is serious. We, Ruixiang, will not get involved in your controlling shareholder status. Our business direction is still focused on Internet finance and financial technology.
For traditional finance, we just invest in it to occupy a niche."
Zhang Yida interrupted Hu Gang's words and said righteously.
Hu Gang slapped his head and said:
"Yes, I said the wrong thing.
Then let’s get back to the matter of investing in shares!
Aren’t we all having a great time cooperating with Han Tai Fund?
51% for us and 49% for you.
If you have money, let's make it together.
Yida, if you have no objection, then let’s make this decision!”
"Okay! I have no objection. The successful example of Hantai Fund is before me, and I believe Hanzhou Securities will not be bad either."
The corners of Zhang Yida's mouth rose slightly. He was quite surprised. He didn't expect to get 49% of the shares so easily.
Hu Gang and Wang Xiaojie are also very happy. Although they gave up 49% of Hanzhou Securities shares, as long as they reach in-depth cooperation with Ruixiang, everything will be worth it.
Hantai Fund's performance is very good. In just half a year of cooperation with Rui Xiangcai, the management scale of Lingqianbao Monetary Fund has exceeded 10 billion.
In one fell swoop, Hantai Fund got rid of the rear position of public funds and advanced to the midstream position.
Hu Gang and Wang Xiaojie both saw these changes, so they naturally knew who was responsible for them.
The reason why the two of them readily agreed to give Ruixiang 49% of the shares was because they saw the power of Ruixiang's huge traffic.
They believe that if Hanzhou Securities can get help from Touronghui Finance, it will not be too easy for it to develop securities brokerage, securities account opening and other businesses.
Wang Xiaojie said again:
"Let me continue to introduce you to Hanzhou Securities!"
Seeing Zhang Yida nodding, he continued:
"Hanzhou Securities Co., Ltd.'s business scope includes securities brokerage; securities investment consulting; securities investment fund agency sales; securities self-operation...
The operating income in 2014 was 177.7792 million yuan, and the net profit was 25.739 million yuan.
Total assets are 2,072.554 million yuan, total liabilities are 1,790.553 million yuan, and net assets are 282 million yuan..."
After listening to Wang Xiaojie's introduction, Zhang Yida had a general understanding of the operating situation of Hanzhou Securities. It was worse than he imagined. He asked:
“How does this revenue and net worth rank among securities firms?”
"Ranked 115th, the performance is a bit poor. If it were not bad, it wouldn't be our turn to invest in it."
Wang Xiaojie shook his head and smiled, fearing that Zhang Yida would underestimate him, so he added:
“The scale is a bit smaller, but even though the company is small, it has all the internal organs, and we have several major business scopes covered by securities licenses.
This year, after we acquire the equity of other shareholders.
We then applied for business licenses in several other categories, including: securities underwriting and sponsorship, securities asset management, margin trading, NEEQ market making, financial product agency sales, futures intermediary introduction business, etc.
From single brokerage securities firms to launching an attack on large comprehensive securities firms."
"Well, I can rest assured that the two eldest brothers will handle the matter. When the time comes when we need to increase capital and expand shares, just let us know.
The full securities license must be obtained as soon as possible, otherwise the diversion effect of Touronghui Finance cannot be fully exerted.
Even if you guard the golden mountain, you won’t be able to dig it out.”
Zhang Yida nodded in agreement and said, Hu Gang and Wang Xiaojie have great ambitions. They just acquired Jiuzhou Securities and wanted to do full-license business.
This is in line with his wishes. There is a securities company under Oriental Fortune.
Dongfang Wealth absorbs traffic, and securities companies carry out cash flows. A closed business loop is thus formed.
"We spent 360 million yuan to control Hanzhou Securities. In other words, the valuation of Hanzhou Securities three months ago was about 700 million yuan.
Next, we will cooperate with you and try our best to take over the shares of other shareholders at this valuation."
Hu Gang said to Zhang Yida.
"Okay, this price is no problem, Ruixiang can accept it."
Zhang Yida made some calculations in his mind and concluded that he would acquire the 49% shares held by other shareholders for around 350 million, which was not expensive and was a good deal.
I remember that at the beginning of 2017 in the previous life, PetroChina spent 5 billion to acquire less than 11% of the shares of Hanzhou Securities.
In just two years, Hanzhou Securities has gone from a valuation of 700 million to a valuation of more than 40 billion.
Brothers Hu Gang and Wang Xiaojie also have amazing financial skills.
…
After negotiating the Hanzhou Securities investment, with the help of Hu Gang and Wang Xiaojie, Ruixiang successively acquired the 49% shares of Yangcheng Securities, Fushun Finance Bureau and other four institutions at a cost of 350 million yuan, becoming
The second largest shareholder of Hanzhou Securities.
On the Touronghui Finance side, under Zhang Yida's instructions, they found a headhunting company and poached many financial reporters and securities analysts in the industry to join.
If Touronghui Finance wants to compete with platforms such as Oriental Fortune, the quantity and depth of its content must keep up.
On the software side, Touronghui Finance’s new APP is also under urgent development.
The original Touronghui Finance APP does not have stock picking functions, and the new APP must add these functions.
After these things have been dealt with, it is already late January, and the Chinese New Year is still more than half a month away.
Each subsidiary company submitted its annual meeting plans, and Zhang Yida looked at them one by one.
Ruixiang wanted to invite celebrities to participate in the annual meeting, but Zhang Yida thought about it and rejected it.
Ruixiang has been spending a lot of money recently. It spent more than 800 million on the Spring Festival red envelope event and another 350 million on investing in Hanzhou Securities. It’s better to save some money and spend more on mobile payments!
Yimin Holding Group has saved a lot and plans to invite several crosstalk actors to perform at the annual meeting. The price is also very affordable, 100,000 yuan.
Zhang Yida thought that Yimin's annual meeting last year was quite shabby, but this year's business was doing pretty well, so he signed and agreed.
Huimin Bicycle has been burning money and is very economical. The budget reported to Zhang Yida for the annual meeting was 500,000.
Zhang Yida thought about it and felt that it was still too little. Yimin Bicycle currently has more than 500 employees at its headquarters alone, with an annual conference budget of 500,000 yuan, and the average employee is less than 1,000 yuan.
So with a wave of his hand, he approved a budget of 1.5 million yuan and went out.
Zhang Yida looked at the annual meeting budgets of Petnet and Dogfud. One was 500,000 and the other was 100,000.
Zhang Yida replied via email:
"In view of this year's excellent performance, a special budget of 1.5 million (300,000) has been approved for the annual meeting."
There are not many employees at Huayi Capital, just a few dozen. Zhang Yida asked Lei Dongming to arrange it as he pleased, whether it was traveling abroad or doing other things he wanted to do. The per capita budget was within 50,000.
Zhang Yida is very generous to his companies.
Employees have been busy for a year, so it is appropriate to make the annual meeting grander and give more rewards.
Except for not inviting celebrities, Ruixiang's other specifications are quite high. In addition to five-star hotels, they also prepared various annual meeting raffle gifts, including cash, mobile phones, computers, options...