Even Shen Beipeng couldn't help but ask after reading the industrial integration plan.
"It's just a rough idea. The details still require asset inventory and due diligence."
After saying that, Zhang Yida looked at Zhang Sanshi with a smile.
"It's not an exaggeration at all. Which of the foreign pet industry giants has a market value of tens of billions of dollars?"
Zhang Sanshi spread his hands, "China is such a big market, with hundreds of millions of pets, they can definitely support a unicorn with a market value of tens of billions or even hundreds of billions of dollars."
What's more, we are not only based in China, but also have "Pate Animal Health", the world's fourth largest animal health company, and we are an international enterprise."
Zhang Yida answered, "Yes, Pate Animal Health not only serves veterinarians and pet owners, we also have veterinary drug products for poultry farmers."
Shen Beipeng raised his hand in a gesture of surrender, "Okay, I'm convinced, this is an emerging pet super unicorn company."
US$20 billion is definitely a bit watery, but it shouldn't be too watery. Shen Beipeng still agrees with this.
Zhang Sanshi smiled and said, "Don't care whether it is worth 20 billion U.S. dollars now, but its future potential is definitely not worth 20 billion U.S. dollars.
We have an animal health drug research and development and sales business worth 9 billion, and a pet e-commerce worth 3 billion;
There are also several pet food brands with a combined value of almost US$3 billion;
There are also more than 1,500 pet hospitals, worth nearly 4 billion US dollars;
Finally, there are some acquisitions and investments in the industrial chain, including pet toys, veterinary diagnostic instruments and equipment..."
After listening, Zhang Yida nodded, "Now the four major business sectors are advancing hand in hand, with medicine ranking first, and e-commerce, food, and hospitals being about the same.
After the integration is completed, I plan to divide the company into four business groups and one overseas business department based on sectors.
What do you think?"
Shen Beipeng said with a smile: "It's very good. There are so many businesses that really need to be detailed.
Take the pet hospital as an example. After the merger, there will be more than ten different medical brands. The systems are not interoperable with each other. Employees do not have a strong sense of belonging to the headquarters. There may even be confusion in management. The medical services provided and even the charges are insufficient. unified……
It takes time to sort out these issues one by one."
Zhang Sanshi said: "Gaoling has established a "field group" specifically to lay out the pet market, and has reserved many talents in the pet profession."
Zhang Yida frowned, don't we, Pate Holdings, have no talents? We need people from Domain Group.
When Zhang Sanshi saw Zhang Yida's ugly face, he knew that the latter was over-thinking. He explained: "You or your father will serve as the chairman, Lu Fenghai will serve as the CEO, and Wang Ronglai, who is in the field, will serve as the group president.
Xu Jiu will serve as the president of the pet food business group, Peng Yonghe will serve as the president of the pet hospital business group, and you will also appoint the presidents of the other two business groups and the overseas business unit.
People in middle-level and grassroots management and fields who have been immersed in the industry for many years should still be able to contribute.
At present, Gaoling's layout in the pet market has been completely integrated into Pate Holdings, and it would not make sense for Gaoling to retain this company.
Gaoling is an investment company, and it will only step in to put out the fire when the invested companies do not perform well."
Zhang Sanshi's words can be said to be a very low profile. He was trying to resolve Zhang Yida's suspicion about his motives.
His first goal is to really make money. If Zhang Yida can manage the company well and its performance is booming, he would like to hide behind the scenes and count the money.
PE institutions don’t like to grab other people’s industries or control rights. Profit is the first priority.
Shen Beipeng smiled and looked at Zhang Yida to see how the latter would answer.
Unlike Gaoling, Black Shirt Capital mainly focuses on financial investment and is not interested in grabbing jobs and power.
Zhang Yida roughly estimated the equity. He and his father, as well as Ruixiang Industrial Investment Fund, Yanhuang Investment and other shareholding platforms, together can hold approximately 46%-47% of the shares.
Among them, he personally holds B shares with 10 voting rights, so he is not particularly worried that Gao Ling will kick him out of the company one day.
It's just that I was subconsciously unhappy about being placed in someone else's hands.
Gaoling’s shareholding ratio in Pate Holdings after industrial integration is close to 28%, making him the second largest shareholder of Pate Holdings.
Zhang Yida was worried that Zhang Sanshi would seize the position and seize power, thereby excluding himself.
Similarly, Zhang Sanshi was also afraid that Zhang Yida would do something small and infringe on Gao Ling's interests.
It is normal to be a little vigilant in cooperation, especially in the industrial field. Gao Ling has invested in so many industries and knows how to do tricks.
"Okay, I have no problem."
Zhang Yida made up his mind to place some of his own people at the middle and grassroots levels to supervise and restrict each other.
"I knew, Yida, that you must be an open-minded person."
Zhang Sanshi smiled and said: "I'm not wrong about the person. It will be very pleasant to work with you.
After the industry integration is completed, the listing of Pate Holdings should also be put on the agenda, right?"
Zhang Yida smiled and heard another meaning in Zhang Sanshi's words: everyone should take a longer-term view and integrate the industry as soon as possible, or go public as soon as possible to share the wealth feast.
"Well, all sectors are currently profitable, and it can indeed be officially listed after the integration is completed."
After Zhang Yida finished speaking, Shen Beipeng nodded, "That's good news. Blackshirt can add something to his investment report, haha!"
He approached the cabinet in Zhang Yida's office, took out a bottle of red wine, and said to Zhang Yida and Zhang Sanshi with a smile: "Come on, come on, we must celebrate."
Shen Beipeng was very good at adjusting the atmosphere. He drank red wine and talked about some interesting investment stories. All of a sudden, the three of them forgot about their unhappiness and laughed. Then they each started to share interesting stories about entrepreneurship and investment that they had encountered. .
…
"Shall I be the chairman?"
Outside the Pate Holdings conference room, Zhang Yida told his father about his decision and prepared to let his father have a good time.
Zhang Qinghua was as anxious as an ant on a hot pot, waving his hands repeatedly, "No, no, I find it difficult to manage Dogford. You ask me to manage a multinational company with a valuation of 20 billion US dollars. This is too difficult for me."
Zhang Qinghua pointed to his gray temples and said, "Look, I have been tired these past few years. I was once a handsome young man."
Zhang Yida smiled helplessly, "It's a large group with a valuation of hundreds of billions and tens of thousands of employees. You will definitely not regret it if you try it."
Zhang Qinghua sighed, "Forget it, no matter how much you can afford, I'm afraid it will delay the development of the company."
"Give it a try. If it doesn't work, let me take the stage instead. I got into trouble, and my son will be your firefighter.
As the old saying goes, you raised me and I will put out the fire for you."
Zhang Qinghua smiled and shook his head, "Forget it, I have accepted your filial piety."
Pointing to the conference room, he said: "Come in quickly, don't keep everyone waiting."