September 27th, 2008.
On this day, the astronaut Hua Xia completed his spacewalk. The whole country was excited.
The good news diluted some of the gloominess of the recent financial crisis.
The impact of the financial crisis was getting bigger and bigger. The government's policies to rescue the market were endless, but it still could not calm the people.
The stock market, stimulated by the good news on the 19th, fought back for a while before it died. It soared for a few days, but it gradually lost momentum these two days.
The investors appealed again, hoping that the government would introduce more powerful policies to save Hua Xia's stock market.
The small and medium-sized real estate developers were also crying and begging. The banks opened their doors wide, and the government implemented policies to save the housing market.
The small and medium-sized manufacturing enterprises were also in distress, and many of them closed down.
In the coastal areas, a large number of migrant workers carried their luggage and embarked on the journey back home.
The impact of the global financial crisis had completely exploded.
…
Under such circumstances.
On the afternoon of the 27th, Far away and Longhua jointly released an announcement.
The two sides reached a comprehensive strategic cooperation. Faraway Supermarket Group Co., Ltd. exchanged 8% of its shares for 25% of Longhua Group's shares.
Faraway Supermarket Group Co., Ltd., including the previously merged Far Away Mall and Wanjia Web.
The outside world was instantly in an uproar. This was the first big move Far Away had made this month.
Li Dong really knew how to make trouble!
Outsiders did not know if this exchange ratio was worthwhile or not, but the people in the industry could generally analyze a little bit, and it was not clear who was winning and who was losing.
However, the combination of the two had indeed increased the competitiveness of Far Away.
The number one private enterprise in the country and the number one private enterprise in Jiangbei had fully combined, cross-holding, and the strength of Far Away had skyrocketed again.
…
The others did not know if Li Dong was winning or losing, but Hsu Shengzhe was hopping mad!
"We agreed on 10%, and you changed it to 8%. If it wasn't for old times, I would have kicked you to death, you bastard!"
Li Dong said lazily, "I didn't force you."
"Damn you, Li Dong, you didn't force me? If it wasn't for you threatening me and scaring me … "
Li Dong interrupted him, "What do you mean by I'm scaring you? This is the truth. The real estate market is not doing well, and Longhua's value needs to be reevaluated."
The Longhua Group, which had a total assets of 30 billion, was revalued by Li Dong and was given a real value of 14 billion.
25%, in simple terms, was worth about 3.5 billion.
Of course, sometimes the value of shares was not calculated in this way. In short, it was fine as long as it was about the same.
As for Faraway Supermarket Group, Feng Yu had done a valuation before. Before the acquisition of Carrefour, its total assets were as high as 27 billion. After the acquisition of Carrefour, its total assets could reach 40 billion.
As for Far Away Mall and Wanjia Web, when Far Away Mall raised funds, they were quoted at around 10 billion yuan.
Later on, with the addition of the Wanjia Web and the further expansion of the Far away O2O model, as well as the huge success of the promotional month, the value of Far Away Mall increased greatly.
Far Away Mall was currently valued at 20 billion yuan.
It was not that Li Dong did not want to overestimate the value. In fact, due to various reasons and the impact of the financial crisis, the valuation of e-commerce could not go up.
To be able to double the valuation in less than half a year was already the limit. If Feng Yu continued to overestimate the value, he would have to talk about the future, and it would be meaningless.
Hence, the total value of Far Away Mall had reached 60 billion. However, Faraway Supermarket Group had a lot of debt.
Especially when they acquired Carrefour. Far Away Supermarket Group had only paid less than one-third of the 10 billion merger funds, and they owed nearly 8 billion.
There was also the war with Su Guo last year, the acquisition of Chang Ke Lung and Yong An Supermarket Group. There were also several billion outstanding funds.
In addition, there were the bank loans and the balance of the Times acquisition …
All in all, Faraway Supermarket Group's total debt was not low. It was about 22 billion.
In terms of net assets, it was about 38 billion.
And 8% of the debt was about 3 billion.
With this calculation, Longhua had suffered a loss, and it was a significant loss.
But the development prospects and stability of the real estate company were there. In terms of profits, it was considered high, but it was not high now. There was even a risk of losses.
On the other hand, Faraway Supermarket Group was still making profits.
Li Dong had underestimated Longhua and overestimated Far Away. This was inevitable, and Hsu Shengzhe could accept it.
The most important thing was that Li Dong had said before, 10%!
In the end, Feng Yu changed his mind. This was what Hsu Shengzhe was most unhappy about. If he knew this would happen, he would not have been so happy for so many days.
He had thought that Li Dong could keep his word. In the end, it was all bullsh * t!
Because of this, Hsu Shengzhe had been nagging for the whole afternoon.
Seeing Hsu Shengzhe was still nagging, Li Dong was speechless. "Are you going to exchange or not? If you don't want to exchange, forget it! I can use my supermarket and shopping mall shares to exchange. There are plenty of real estate companies waiting in line to exchange for shares. Stop complaining! "
"Bullsh * t!"
Hsu Shengzhe replied angrily. "I can't get dividends, and I can't participate in the management. I can't even increase my shares. It's just for show.
Will you die if you give me more shares? This way, Longhua will be looked down upon by the outside world.
When we are done with each other, your shares will still be yours, and my shares will still be mine.
You want to show that you are better than others? Far Away, do you still need fame?
Long Hua is lacking, okay?!
If you do this, I will be exchanging shares for nothing! "
Xu Shengzhe's words couldn't be considered wrong. Distance didn't really need fame, but if Longhua wanted to get listed to make money, it needed fame.
At this time, if Longhua can exchange for more shares, even if it's just for show, it will be highly valued by the outside world.
After the financial crisis, if Longhua chooses to get listed, this will be a good indicator.
At that time, Longhua's value might be overvalued, and it might even reach the level of Green Osmanthus Garden.
Li Dong smiled and shook his head. "It's all the same. There's not much meaning to it. Faraway Supermarket is still expanding. In another year, it might reach 100 billion RMB. At that time, 8% of the supermarket's value will be higher. At that time, Longhua will also benefit from it. "
"As if it's true. I think Longhua might reach 100 billion RMB faster than you all."
Hsu Shengzhe retorted. Li Dong did not mind and continued smiling. "The announcement has been made, and the contract has been signed. What's the point of talking so much now? Just like what you said, this is just a publicity stunt. What's the point of thinking so much? "
Hsu Shengzhe heaved a sigh. "I just feel that I've been tricked by you, and I'm not happy about it. Forget it. Let's not talk about this anymore. Let's split the loot. "
Li Dong raised his eyebrows and smiled. "Split the loot? My money came in fair and square. There's no such thing as splitting the loot. "
Hsu Shengzhe was furious. He gritted his teeth. "You want to renege on your debt?"
"I don't plan to do that. Let's wait." Li Dong stopped teasing him and explained. "It's not over yet. Some people are stubborn and have yet to surrender.
In a few days, Old Merchant and the rest will make their move.
When all the ownership is back, I'll calculate it again.
But let's be clear. It's not a lot of money, and some expenses have to be included.
I've already spent tens of millions of yuan on the provincial hall, Tengxiang, and Shen Qian's mother are all included.
After deducting Hu Wanlin's expenses, and the impact of this incident on Far away … "
Before he could finish, Hsu Shengzhe's face turned green!
You've deducted so much, and now you've run out of money?
If that's the case, then he's making a huge loss. He's the main force behind the New City project.
Jia Wenhao has been thoroughly offended by him, and he doesn't know how much he hates him!
Not only did he not gain anything from the share swap, but he also lost a huge portion of the profits. If that's the case, Hsu Shengzhe is prepared to fight Li Dong to the death!
Li Dong's office.
Hsu Shengzhe started to pant, and his breathing became louder and louder.
Li Dong said angrily, "Let me finish. What are you panting for? Those who don't know might think you have a weak kidney."
"Scram!"
"I've done a rough calculation. After deducting CEO Sun and CEO Shen's money and their profits, there's about 3.5 billion left from 5 billion. After deducting CEO Sun and CEO Shen's expenses, and the capital for the buyback, we'll need about 700 million. After deducting Hu Wanlin's, we'll need at least 100 million. It'll be a miracle if we're left with 2.7 billion. But Far Away has suffered heavy losses this time. At least … "
"You suffered heavy losses? You took the opportunity to breach the contract and collect a large sum of compensation. You signed a new supply contract, and the payment period was extended by several months. Far Away's logistics contract …
I won't talk about these!
As for Sun Yuehua and Shen Xuehua, you're really good at fighting for your mother-in-law's benefits!
The 900 million capital became 1.5 billion in the blink of an eye. Is there such a profitable business in this world?
If we're talking about offending people, can they be compared to me?
I'm the main culprit now, and I'm a businessman at that. I should have suffered more losses and offended them more!
How much are you going to deduct from the remaining 2.7 billion? "
"Cough, cough. 700 million."
"Li Dong, I'm going to fight it out with you!"
Hsu Shengzhe was furious. Do you really think I'm a fool? Deducting 700 million at once, that means I'll only be left with 2 billion.
And according to Li Dong, giving him 20% of the profits is already fair to him. After all, he's only contributing to the new city.
Based on this calculation, it'll be good if he gets 400 million.
Yes, it sounds good. Earning 400 million for nothing.
But in fact, because he offended Jia Wenhao, some of the subsidies for his new city project might be gone.
Calculating again, he'll be fair to himself if he can earn 300 million.
Three hundred million, that felt pretty good.
But thinking about it, is it really that good?
He has no doubt that Li Dong will betray him. Or rather, he doesn't even need to betray him. A large number of people will hate him. He has more loopholes than Li Dong, and he'll have to bear a lot of risk.
Hsu Shengzhe rushed over angrily. Li Dong hurriedly said, "Don't be discontented. 400 million is not a small amount. You didn't do anything. The financial crisis happened to come, and you can't even open an account. You're too greedy to not be happy with the money you picked up for free. "
"I earned more than 3 billion, and I'll get 400 million. You're telling me I'm greedy?" Hsu Shengzhe said angrily.
"In terms of contribution points, I'm a hundred times more than you. It's only right that I get more, right?"
"A hundred times my ass. If you really locked me up for half a month, I'll admit it! But you came out in less than two days. You're telling me how much contribution points you have and how big the crisis is. Who are you trying to fool! "
Seeing him still rushing forward, Li Dong threatened, "Stop rushing forward. Watch your image. If you come any closer, I'll really beat you up! Damn you, can't you have some dignity as a tycoon? "
"I'm shameless, but you're shameless? Come on, hit me. Just beat me to death. Just give me back my money! "Xu Shengzhe was so angry that he almost choked.
It's a few hundred million. It's not a small amount. I'll accept it even if you beat me up!
Li Dong threatened, "Don't provoke me. I'll really beat you up!"
"Come on!"
"If you come any closer, I'll beat you up!"
"I'm close. Come on!"
"F * ck, you're provoking me …"
"…"
Bang, bang, bang!
Accompanied by knocks on the door, Bai Su pushed it open and entered.
When she saw the reception area, Li Dong and Hsu Shengzhe were playing with each other like monkeys, glaring at each other. Bai Su's entire face was twitching.
What the hell are these two doing!
Bai Su did not know whether to laugh or cry. She coughed lightly and did not dare to raise her head to look at the two. Holding back her laughter, she said, "General Manager Li, CEO Yuan just called. He'll be returning tomorrow morning. CEO Lan will also be arriving. He asked me to ask you if you want to arrange a welcoming ceremony. "
Li Dong pushed Hsu Shengzhe away and said, "Excuse me. I'm talking business. We'll talk about your matter later."
After that, Li Dong did not care about Hsu Shengzhe's glare. He nodded and said, "Of course, I'll go personally tomorrow. Also, inform the vice presidents and managers in the logistics department to go together. Old man Lan is a senior and a good friend of mine. Don't let him run away. "
Bai Su hurriedly nodded, glanced at the two of them, and hurriedly left.
After she left, Hsu Shengzhe asked curiously, "Lan Xingguo?"
"Smart."
"You're quite capable. Looks like you can set up the framework of the airline company. When are you going to get a few private jets?"
"You're thinking too much. Is there anything else? If not, you can go out first. I have to work."
"Alright …"
After Xu Shengzhe finished speaking, he felt that something was amiss!
Then, he came to his senses. I was talking about money just now. This bastard, he's trying to fool me again!
Before Hsu Shengzhe could continue, Li Dong waved his hand and said, "Go out. Two men are pulling each other. What a scandal!
Isn't it just money?
I'll give it to you later. Isn't it embarrassing to make such a big fuss over some money?
How can we face others if this gets out?
With your personality of regarding money as important as your life, sooner or later you will stumble due to this.
Do I, Li Dong, look like someone who needs money?
Alright, there's no need to make such a big fuss over such a small matter in the future.
Not only is it embarrassing, but it also lowers our statuses. I have to attend the Provincial Party Committee meeting tonight. I don't have time to talk to you. Bye. "
"I @ #% … …"
Hsu Shengzhe scolded. He was almost angered to death by this bastard.
But Li Dong ignored him. There's no use scolding him.
After scolding him, Hsu Shengzhe left the office with a belly full of anger. This bastard is shameless. He wants money more than his life. What else can he say?
So be it. They did not sign an official contract anyway.
If this bastard really swindled everything, where would he go to seek justice?
Hsu Shengzhe made up his mind. In the future, there will be no contract. Even if Li Dong promised him 10 billion, he will not agree!
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.