"Longhua recently has a debt of more than 2 billion RMB due. According to past practice, Longhua can delay it for some time. When spring comes, they can pay back the debt when their communities open for business, and the bank won't pursue it. But now, even if the bank is willing, someone else is not. "
After Shen Qian finished, Li Dong smiled, "That should be it. But Hsu Shengzhe is really ruthless."
Shen Qian sighed, "He's ruthless to begin with. Why else do you think Hu Xiaorui keeps calling him a treacherous official?"
Li Dong laughed and said, "But this matter is not easy. If Xu Jianghua comes forward, with his relationship with the bank, he might be able to do something about it."
Shen Qian sneered, "Relationship? You can talk about relationship if it's tens of millions, but how can you talk about relationship if it's billions? Not to mention that Hsu Shengzhe will not think of this. I suspect that he might be secretly providing some information to the bank. He's the Chairman of Longhua, and he knows the situation in Longhua the best. If he exposed some of Longhua's shortcomings, the bank will be scared to death. Now, there are large areas of bad debts in banks everywhere, and many executives in the financial system have been sent to prison. Everyone is already frightened. Once they feel that Longhua can't pay off the debt, the bank will turn hostile faster than anyone. "
Li Dong agreed, "The possibility is high. But this guy hasn't asked me for money recently. Isn't he afraid that he can't get his money back from the stock market and can't be the savior?"
As he said, Li Dong said in a gloomy tone, "Why don't I just blackmail him?"
Shen Qian laughed, "Do you think he's a fool? You won't have a good life if you blackmail him."
"Don't misunderstand. I'm not saying that I won't give it to him. I just want to find an excuse to delay him for ten days to half a month. If he can't take out the money to save the market, how about I be the savior? "
"You want to control Longhua?" Shen Qian frowned and said, "Even if you take down all the minor shareholders, the Xu father and son still hold 60% of the shares …"
"Don't forget, there's still Xu Rulong." Li Dong smiled and said, "Is Xu Rulong willing to be kicked out just like that?"
"Xu Jianghua might accept his fate. After all, they are all his sons, although he is somewhat biased towards his eldest son.
But if it really came down to it, the old man would not sit back and watch as Longhua fell into the hands of others.
However, Xu Rulong was different. Once Longhua was captured by Hsu Shengzhe, he would get nothing.
At this time, while Hsu Shengzhe didn't have enough money to turn the situation around, we would secretly encourage Xu Rulong. For example, we would ask him to persuade his father to let us be his general manager.
Or, Xu Rulong could retain a portion of the company's shares and enter the company's board of directors. Xu Rulong would be more than happy to grab this life-saving straw.
Tell me, in this way, won't we be successful?
We don't need too much. As long as Xu Rulong can persuade his father to transfer 11% of the company's shares, hehe … "
Shen Qian heard Dong Xuebing's laughter and frowned. "Can you not laugh so wickedly? This matter is not as simple as you think. Furthermore, there are many small shareholders in Longhua, and many of them are close to Hsu Shengzhe. Can you be sure that you can capture all of them? Fine, even if you can, how much money do we have to capture Longhua? "
Li Dong said disapprovingly. "I have the money. At this time, whether it is Dong Yu Real Estate or the stock market, I can use some of my funds. If we can capture Longhua, it will be more worthwhile than earning a few billion. Longhua is facing a crisis, and its value will surely be undervalued. In addition, Hsu Shengzhe added fuel to the fire, and now, the financial crisis and the maturing of the company's debt. Longhua, which was originally worth more than 20 billion, might lose its value, and we can capture it with just a few billion. "
This is not impossible. Some companies might have a valuation of tens of billions.
But at this time, valuations are useless.
You don't have the final say. The ones who have the final say are the banks, the valuation agencies, and the society.
Just like Longhua's development in the new city. According to Longhua Group's own valuation, it might be worth more than 10 billion.
But in the hands of the banks and others, 10 billion? What a joke! 3 billion is already considered fair.
After all, the new city is not open yet, and Longhua's various industries are just unfinished buildings.
These are just some unfinished projects, and it's already fair to give you a few billion.
As for whether Longhua's people approve of it or not, it's not up to you to decide if you can't repay the debt.
Also, it's easy to be labeled as insolvent at this time. Once that happens, Longhua can only choose to go bankrupt. At that time, all the shareholders' shares will be empty.
So, when a company is about to go bankrupt, you can get a few hundred million worth of shares without spending a single cent.
The shareholders see that there is no hope, and they only hope to get rid of this trouble as soon as possible.
Many times, in the financial market, you can see some companies selling shares symbolically for 1 RMB.
Are the shareholders and companies stupid?
Of course not. Although the law states that a limited liability company goes bankrupt, the shareholders do not need to bear additional liability.
Most importantly, this does not include some private debts. What is a private debt? Just like borrowing money from private equity firms.
Does a company like Longhua not have any private debts?
The bank's debts can rot, but these debts can't.
When the time comes, these shareholders will be in trouble. To avoid trouble, if someone is willing to take over, they will be willing to give the shares to others for free.
Seeing Li Dong is thinking about Longhua, Shen Qian thought for a while and said: "You really want to do this?"
Li Dong might be the final winner by doing this. But this way, Li Dong, Longhua's shareholders, and the Xu family will become mortal enemies.
For a few billion worth of assets, what's the big deal? When the time comes, the Xu family will probably want to kill Li Dong.
It's not that Hsu Shengzhe can't do this. He has schemed in every way possible, and in the end, Li Dong took the lead. How can he be willing?
It doesn't matter if Li Dong takes a sip of the soup. Anyway, Hsu Shengzhe is in the front.
If the other shareholders want to hate someone, they will hate Hsu Shengzhe, and Li Dong can just sit back and watch the show.
But controlling Longhua is not that simple.
A veteran real estate company like Longhua is different from the newly rising Far away, and the chain of interests is extremely complicated.
Li Dong had mobilized Dragon Floret. In addition to the fact that they already had a bunch of enemies, it was very likely that Faraway Territory would eventually collapse.
Seeing that Shen Qian doesn't agree, Li Dong let out a long breath and smiled: "I don't really want to do this. I'm just a little tempted. I understand the trouble involved, but I can't just sit there and watch helplessly as there's a big fat piece of meat in front of me. If I don't take a bite, I won't be satisfied. "
"Fat meat is easy to get greasy, and I think it's best not to take it. Sometimes, 1 + 1 isn't necessarily greater than 2. If Longhua falls into our hands, it might not be able to play a big role. Even if you earn billions from Longhua, the price you have to pay will be far more than that. "
Li Dong nodded his head and said regretfully, "Then I can only let Hsu Shengzhe take advantage of it. I'll just take a bite and leave. Let's not talk about Longhua for now. How's Taobao? "
"Many businesses have stopped their operations in Huadong, but their Taobao Mall is still holding on. Compared to those messy businesses, Taobao Mall has Ali's full support, and it will be fine for the time being. "
Li Dong said indifferently, "It's just neglecting the essentials and focusing on the trifles. What's the biggest advantage of Taobao? It's not their Taobao Mall that has just been online for a few days, but their huge individual businesses. Compared to Taobao Mall, can it be compared to our Far Away Mall? Our mall has accumulated a lot of fame. Isn't it said on the Internet that people buy branded goods Far Away? Only those who want to buy cheap will go to Taobao. Now that Taobao's individual businesses have stopped their operations in Huadong, it's useless to count on the mall to be strong. I guess Old Ma must be stomping his feet in anger now. "
…
Lin 'an.
Ma Yun didn't stomp his feet.
In the conference room.
Ma Yun had been staring at the ceiling in a daze, and the executives next to him were all frightened.
The heavy snow had been going on for nearly a week, and their extravagant hopes for the snow to stop were all shattered.
Now, Taobao's business in Huadong had decreased by 30%!
What did 30% mean?
In the past, their daily sales in Huadong could reach more than 60 million yuan, and in the peak season, it could even exceed 100 million yuan.
Like the current heavy snow season, it was also the time when consumers were most dependent on online shopping, and it was not surprising that the sales could reach 200 million yuan.
But now, their business in Huadong was constantly being compressed, and there was less than 50 million yuan left.
This was not even the peak season, nor the impact of the heavy snow.
If calculated, at least more than half of the market share had been lost.
In just a few days, the army was defeated like a landslide, which appeared particularly obvious in Taobao.
After a long time, Ma Yun came back to his senses, lowered his head, and said with some doubts, "Is the third-party online shopping platform really not working?"
The reason why Taobao suffered this time was because of a large number of individual businesses.
If they all followed the model of the mall, the manufacturers would uniformly deliver goods, and there would be a large volume of business, and the logistics would not be unable to support it.
But it was those individual businesses from all over the country that made Taobao fall into a crisis.
Everyone was too scattered, so scattered that the logistics company was not willing to go to those places to receive the goods. Not only was it troublesome, but it was also not profitable.
E-commerce like Taobao Mall, Far Away Mall, and Jingdong did not have a high probability of problems, especially Jingdong.
Especially Jingdong, they still had not set up their own logistics system.
But even so, they could rely on their own logistics system to be self-sufficient.
Only Taobao, the leader of the industry, the leader of Hua Xia, and the leader of Asia, had a problem at this time.
But the problem was with the large group of individual businesses that Ma Yun had always been proud of, and this made him doubt himself.
Was his development path really right?
Just as Ma Yun was feeling doubtful, an executive sitting beside him said, "Chairman, there is no problem with our plan!
The heavy snow is an exception, and it cannot represent everything.
Back then, we defeated eBay and all our competitors by relying on our large group of individual businesses.
The reason for the current problem is to go back to the essence of the problem.
All of this is actually a logistics problem. If our logistics system can be the same as Far Away, this kind of thing will not happen.
Logistics companies such as SF Express and Santong were all ingrates that could not be tamed.
If our businesses are all handled by rookies, will we reject them at this time?
We won't!
Therefore, developing our own logistics is also the right thing to do.
We were fooled by Li Dong in the early stages. Chairman's decision to establish Rookie Logistics was undoubtedly a wise one.
Now, rookies have not formed a fighting force, and the other is the nature of rookies, which is still relying on other logistics companies.
Chairman, what we need to consider now is actually to create a rookie that belongs to us, that truly belongs to us, and not a rookie that relies on SF Express and Three Connections! "
As soon as this was said, many people nodded in agreement.
Immediately, someone said, "Chairman, I agree with what Mr. Zhang said.
Our Taobao model is right, and so is the mall model, including our own logistics model.
But we were too anxious, eager to form a fighting force, eager to compete with Far Away Logistics, so we introduced a few other express delivery companies.
And these people may not be on the same side as us, as can be seen from the outage of SF Express and a few others.
Adversity reveals a man's heart. This time, we have gained and lost, but at least we have a clearer path ahead.
If the Huadong market is lost, then so be it. Not all of it will be lost. At least more than half will be retained.
We learned from our mistakes. Didn't we snatch back the market from eBay? When we were established, eBay occupied 80% of the domestic market share. So what?
Chairman, Ali's path is right, and so is Taobao's. The only mistake is that time is not on our side! "
Ma Yun was not an ordinary person. The reason why he questioned himself was that this failure was too sudden.
When the employees said this, Ma Yun returned to his original state, and his eyes were sharp. "Yes! Our path is right! "
"When we established Rookie, I thought that we could save a lot of costs and quickly open up the market.
But now, I know I was wrong.
It's not Ali or Taobao that's wrong, it's me.
The success of the past few years made me forget myself, and made me ignore the most fundamental point.
Only the power that belongs to us belongs to us. Other external power can only be borrowed and cannot be relied on.
This time, we failed in the Huadong strategy. It's okay, failure is not scary, as long as we know why we failed.
What I'm afraid of is that we failed, and we don't even know how we lost. That's scary.
We have to get back up from where we fell.
Rookie Logistics still needs to continue to invest and establish our own team. Of course, we don't need to kick the other companies out now.
When we have scale and capital, it won't be too late to kick them out then. "
Seeing that Ma Yun had regained his fighting spirit, everyone heaved a sigh of relief.
Ma Yun was Ali's soul. If he had doubts and denied it, how could they continue on?
Far away was Li Dong's opponent, and they could only rely on the chairman to defeat him.
Everyone seemed to have returned to a few years ago, when Taobao had just been established, and there was a mountain like eBay in front of them.
But the final victory still belonged to them.
It was just a failure caused by a heavy snowfall. They did not believe that there would be heavy snowfall every day to assist Li Dong.
As long as Ali worked hard, sooner or later, they would be defeated like how they defeated eBay. Far away!
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