When the Xinhui Group was first established, it was just to turn Yongzidui and Yizidui from black to white to avoid being targeted in the future.
With the development of time, Xinhui Group has become a behemoth. It not only has the original three major industries of KTV, bars, and arcade game halls, but also teahouses, chess and card rooms, security companies, hotels, film industries, and investment companies.
Technology companies, etc.
Since some industries here are in the gray area to avoid negative impacts on hotels, film industries, technology companies, investment companies, etc., on the third day after Li Zhipeng was born, Xinhui Group held a board meeting.
The current shareholders of Xinhui Group are not only Li Jianhui, Chen Zhiyong family, Pan Huiying, East Asia, Daoheng, Yongan Bank, Guanghua Construction, and Lei Family also hold shares in it. This is why Xinhui Group has expanded so rapidly in recent years.
one.
In the Xinhui Group conference room, Chen Zhiyong spoke up: "Everyone is also aware of the situation in our group, such as KTV, bars, and arcades. It is inevitable that there will be some troubles.
Now that we are not listed, there is no big problem. Once Xinhui Hotel, Xinhui Technology, and Xinhui Holdings are listed, I am afraid that they will be seriously dragged down by them.
I invite you all to come to this meeting today. I mainly want to discuss with you the split of the group. I intend to divest the gray and gray industries. Only Xinhui Hotel and Xinhui Pictures remain in the Xinhui Holding Group.
Xinhui Technology, Xinhui Investment.
I will serve as the chairman and president of the group's board of directors, Jianhui will serve as the vice chairman of the group's board of directors, Zhong Jiawei, the former vice president of Xinjian Bank, will serve as the group's executive vice president to assist me in managing the group's affairs, and Chen Zongxue will serve as the assistant to the group's director and president.
As for the divested company to form a new group, it will be named Tianshui Holding Group and headquartered in Tianshui City. Pan Laodi will serve as the chairman and president of the group's board of directors. Wu Jiyang, currently the group's director and vice president, will serve as the vice chairman and executive vice president of Tianshui Holdings' board of directors to assist
Pan Laodi manages the group affairs."
Several other people present understood this as soon as they heard it. Chen Zhiyong, Pan Zhiyong, and Li Jianhui must have discussed it in advance, otherwise it would be impossible to arrange their duties.
Although they are also shareholders, these three people hold more than 70% of the shares. Not to mention that this arrangement is quite reasonable, and they have no reason to object. Even if they object, it will be useless.
Seeing that no one had any objections, Li Jianhui said with a smile: "This split is also for the better development of its industries. After this time, we will re-evaluate the assets of Tianshui Holdings. I personally recommend that everyone establish an offshore fund.
This way, we can control the shares in Tianshui Holdings to avoid affecting the development of your other industries in the future."
Although there is basically no possibility of Tianshui Holdings going public, its profitability is not low at all. If it weren't for the bad impact, they would never choose to split it up.
The reason why Li Jianhui put forward this suggestion was to prevent Tianshui Holdings from having an accident, which would have a negative impact on companies such as East Asia, Daoheng, Guanghua Construction, etc., resulting in a sharp drop in stock prices.
The people present were all smart people, and they naturally knew that Li Jianhui's proposal was also for their own good. Everyone said that they would complete the share change as soon as the evaluation was completed.
As for letting go of Tianshui Holdings' shares, they didn't consider it at all. Before investing in Xinhui, they considered whether the family would lose more than the gain was worth. But after they became aware of the company's profits after buying shares, they secretly swore that they would never do it unless they had to.
Withdraw shares.
These old foxes who have been in the business world for many years have always put family interests first. As long as the benefits outweigh the disadvantages, they dare to invest. As for a little reputation, they don't care at all.
Moreover, it is too easy to hide yourself and your family behind your back. You only need to quietly establish an offshore fund. It is difficult for the outside world to know who is behind the fund.
At the meeting, the listing of Xinhui Hotel was also discussed. Xinhui Hotel currently has six hotels in Central, Kowloon, Tseung Kwan O, Tin Shui City, Taipei, and Kuala Lumpur, and has its own hotel property rights. Although the property market in Xiangjiang is currently sluggish,
As the official hotel of the Tung Wah Consortium, its reputation is a plus. It is currently valued at HK$800 million. The most valuable one is the Central store. If sold at market price, the value will be around HK$300 million.
The main purpose of listing Xinhui Hotel this time is to collect money for the subsequent expansion of the hotel. Although the market value of the hotel is high, the number is too small.
As the architect of hotel development, Li Jianhui also requires that all hotel properties be owned by themselves rather than rented, which also leads to considerable investment in early expansion.
That is to say, with the support of the entire Xinhui Group and the entry of capital, otherwise it would be impossible for Xinhui Hotel to achieve its current scale.
Now that the industries that provide power have been stripped away, Xinhui Hotel has only three ways to continue to expand, one is loans, the other is shareholder capital injection, and the third is listing financing.
Because the property market has been sluggish recently, life for these shareholders has not been easy. The option of capital injection was directly rejected. There is no such plan for the loan for the time being. Several major banks have also been having a difficult time recently.
In order for Xinhui Hotel to continue to expand, it chose to go public and raise funds from the stock market for development.
The split of the group is also to pave the way for the listing of many subsidiaries including Xinhui Hotel. The listing of Xinhui is just the beginning. In the future, Xinhui Pictures, Xinhui Technology, including Xinhui Holdings will gradually be listed on the Far East Exchange.
.
It has to be said that Li Jianhui has mastered the idea of listing, and this guy likes split listings very much, so he has made money in the stock market many times.
Seriously speaking, the listing time of Xinhui Hotel is actually a bit late. In this regard, we can only blame Li Jianhui's butterfly effect. If we go by the memory of the past life, there is no problem for Xinhui Hotel to be listed in June. After all, the 1981 stock market crash happened in July.
.
However, due to some accidents in this life, the stock market and property market crises came early, so that the market value of Xinhui Hotel was less when it was listed, and the funds obtained from the listing financing will also be reduced.
Now Li Jianhui and others can only adjust their plans so that Xinhui Hotel can be listed as early as possible at the beginning of next month, that is, early April, so as to avoid problems in the property market that will further reduce the market value of Xinhui Hotel.
After the meeting, Lei Juekun said to Li Jianhui: "Jianhui, Shuhui, and Shuyan's Full Moon Wine was only held by your own family, so I won't talk about you, but this time Zhipeng, as your eldest son, the Full Moon Wine
There must be no ambiguity. When it is time to be high-profile, we must be high-profile, and this time we must do it in a big way.”
Xiangjiang attaches great importance to full moon wine, and many families will specially entertain relatives and friends for their children's full moon.
It's just that Li Jianhui is too carefree, and Zhou Jiayi's four daughters are pregnant one after another, so it is impossible for him to entertain guests and hold four full moon parties for his children within eight months.
Therefore, regardless of whether it was the eldest daughter Shuhui or the second daughter Shuyan, Li Jianhui only invited his own family, plus Li Guobao, Lei Juekun and other people from the Donghua Society in Xiangjiang, and did not send invitations widely.
Lei Juekun was worried that Li Jianhui would do what he did before Li Zhipeng became common here, so he specifically warned Li Jianhui after the meeting.
The eldest son of a wealthy family has always had a very special meaning. Since ancient times, if nothing unexpected happens, the eldest son has inherited the family business.
The eldest son’s full-moon wine is also particularly important. The other children’s full-moon wine may not be held, but the eldest son’s full-moon wine must not be ambiguous.