January 22nd.
Following "Black Monday" on the 21st, the Shanghai and Shenzhen stock markets continued to plummet.
Before the market closed, thousands of stocks fell again.
The investors who were looking forward to a comeback today were in despair. For a time, the call for the government to rescue the market was constantly heard.
Since 2007, the government has been suppressing the stock market. First, it raised the stamp duty, then it raised the deposit reserve ratio …
Perhaps the government was not specifically targeting the stock market, but it has to be said that these measures have hit the stock market hard.
Coupled with the financial crisis gradually affecting the country, it was not surprising that the stock market continued to fall.
At this time, the bold investors chose to cut their own flesh to prevent losses, and at least they could recover some capital.
Those who hesitated would only be trapped, and it was unknown how many families would be ruined in the end.
The stock market was a gambling market. Some people won, while others lost everything they had.
Under the two big news of the stock market plummeting and the blizzard hitting East China, many things happened in the domestic business world at the same time, but they were covered by these two big news.
Of course, a small range of dissemination did not mean that it did not exist.
On January 21st, "Caijing" magazine published the official investigation of "New Henderson Group" and "Pengrun Group", opening the curtains of the public's controversy on the original sin of the Huang brothers.
New Henderson Group referred to the real estate group controlled by Huang Guangyu's elder brother.
Pengrun Group naturally referred to Old Huang himself.
The magazine reported in detail that the two Huang brothers were involved in a number of loan fraud operations, which involved hundreds of millions of funds.
Hundreds of millions of funds in the 90s was not comparable to now, the first bucket of gold of the two Huang brothers was questioned by the original sin.
At this time, the public did not pay much attention.
After all, there were many things happening in the country, and "Caijing" magazine was not a media with a wide audience.
However, businessmen like Li Dong were keenly aware that something was going to happen.
Huang Guangyu was one of the richest people in the country, and he controlled Gome, the largest retail group in the country.
If there was no conclusive evidence, a magazine would not dare to report this news.
Moreover, some of the evidence was not supported by the government, and the magazine could not obtain it.
The situation was obvious, Old Huang was going to be out of luck.
Perhaps it was not now, but it should not be too long.
In fact, there had been rumors about the investigation of the Huang brothers, but it had not been reported before.
However, this time, when Caijing Magazine made a report, it was not a simple rumor.
Although Caijing wasn't well known in China, it had always been a high-class financial news publication. Its main readers were domestic investors, government management, and economists.
Sometimes, it didn't matter much whether the public knew or not.
No matter how widely they spread the news, no matter how much they discussed it, if the people above did not take it seriously, no one could do anything about it.
However, the magazine's target audience was the elite class.
At this moment, the Huang brothers had appeared on Caijing magazine. This matter was much more complicated than what was widely spread on the internet.
The incident with the Huang brothers was one thing, and the other was the business world in Jiangbei.
On the morning of the 22nd, the media reported that Jiangbei's leading real estate company, Longhua Group, was suspected to have a capital chain rupture.
The loan of more than 2 billion was overdue, and Longhua was suspected of embezzling the remaining funds for the Su 'an New City project. The Su' an New City project was likely to become the largest unfinished project in Jiangbei and even the country!
As soon as the news came out, the business world was shaken again!
Although Longhua Group had been robbed of a lot of its limelight by Faraway Group in the past two years, as a veteran private enterprise in Jiangbei, the leader of the real estate industry, and the company founded by the former richest man in Jiangbei …
This series of halos would not dissipate in two or three days.
Now that Longhua's capital chain had ruptured, it really made many people's eyes pop out.
Just a few days ago, Longhua also acquired Yurun's real estate business, involving up to 8 billion yuan.
In the blink of an eye, Longhua was finished?
The business world was shaken, and the municipal and provincial governments were also shocked.
Not long after the news came out, on the afternoon of the 22nd, the provincial finance office and major banks formed an investigation team to enter Longhua Group.
Longhua's capital chain rupture was not only a problem for Longhua.
What about the bank loans?
What about the overdue project payments?
What about the unfinished projects in Su 'an New City?
And what about the tens of thousands of Longhua employees!
Originally, the provincial government was already having a headache because of the heavy snow. Qin Hanyuan and other big shots had gone to the seriously affected areas to inspect.
They did not expect that at this juncture, Longhua Group, which was ranked at the top in the province, would have a problem.
If this was not handled well, the province would not have a good New Year this year.
…
These two pieces of news did not seem to have much to do with Li Dong.
But thinking about it carefully, they could not cut off contact with Li Dong.
Gome was the top retail company in the country, and the top home appliance chain company. Although there was no competition with Far Away.
However, since Far Away and Suning reached an agreement in Beijing and Tianjin, the two sides had actually been in contact.
This was especially true for Longhua, which was the top real estate company in Jiangbei. Longhua's fate would affect the entire Jiangbei real estate industry.
In addition, Longhua also bought 500 million yuan of corporate bonds Far Away. Once Longhua really went bankrupt, who would get the 500 million bonds?
Although it was the same no matter who got the bonds, there was always a difference. Far Away had to know who their creditors were.
Finally, it was the division of profits. Jiangbei's largest real estate company had gone bankrupt, and the profits involved were astonishing.
When the news came out, Li Dong immediately called for a meeting with the group's top executives.
In the meeting room.
Yuan Chengdao and a few of the top executives discussed for a while. Finally, Yuan Chengdao said in a deep voice. "General Manager Li, these two things have both advantages and disadvantages for us."
Li Dong tapped the table lightly. "Tell me, what are the advantages and disadvantages?"
"Let's talk about Gome first. Gome's competition with us is not big. But we have signed a VAM with Suning. If Huang Guangyu is really investigated, Gome will definitely be affected.
It should not go bankrupt. Gome now has more than 600 stores and close to 30,000 employees.
But even if it does not go bankrupt, the impact will be huge if the founder is investigated or even arrested.
At that time, Suning will have a chance, and our VAM will be successful.
This is one of the advantages. But on the other hand, Gome will suffer, and Suning will become big. This is not what we want to see.
Now, our cooperation with Suning is multi-faceted. We have cooperation online and offline.
Because of Gome's biggest competitor, Suning is actually the weaker party in our cooperation. They hope that our channels can help them defeat Gome.
But when they take this opportunity to defeat Gome, our importance will be greatly reduced.
At that time, we need to use their strength to balance the major supermarket chains in Beijing and Tianjin.
This is one of the reasons. The other reason is Suning's industrial upgrading.
Although they are still specializing in 3C appliances, they have the ambition to enter the supermarket retail industry since a few years ago.
But because of Gome's suppression, they couldn't free up their hands and didn't have the energy to do supermarkets.
But this time, Gome has a problem. When Suning defeats Gome, their next step is likely to enter the supermarket chain industry.
Suning has its natural advantages in doing supermarkets. They have a huge user base, stores all over the country, and they have a perfect supply channel.
In short, Gome's bad luck can't be regarded as our victory. We still have to guard against Suning's attack from behind. "
Li Dong slowly nodded and said, "There is still such a possibility. Zhang Jindong has always hoped to make Suning into the O2O model. Now, they can only be considered a vertical platform. Moreover, it's a little limited for them to only focus on 3C electrical appliances. He wants to upgrade, and it is more cost-effective to do supermarkets. But it is not too big of a threat. There is still a difference between a supermarket chain and a home appliance chain. It is not so easy to enter rashly. "
Sun Tao nodded. "It is indeed not easy, and even if they upgrade, they will not be our opponent. There are dozens of large supermarket chains in the country. In fact, it doesn't matter if there is one more or one less. In the past few years, the retail industry has been fighting non-stop. Suning should have seen it. Even if they can defeat Gome this time, they can't defeat them. They should not have the energy to deal with supermarket chains for a while. Even if they completely defeat Gome, I am afraid it will be a few years later. At that time, our Faraway Supermarket does not have to worry about Suning. The two sides are not on the same level. "
Li Dong laughed. "So we don't have to worry about Gome?"
Sun Tao shook his head. "Not necessarily. Since Suning wants to do a supermarket chain, why can't we do home appliances? Supermarket chains and home appliance chains are actually part of the retail industry. It is not complete to do only supermarkets or home appliances. "
Seeing everyone looking at him, Sun Tao knew that they had misunderstood. He laughed. "I am not saying that we should do home appliances alone. It is not necessary. After all, we already have a home appliance area. What I mean is, we can take advantage of this opportunity to get some home appliance supply channels. In this way, we do not have to be controlled by others and hand the home appliance market over to Suning or other home appliance manufacturers. At this time, if Gome is in turmoil, I am afraid many home appliance manufacturers will be scared. Faraway Supermarket is one of the top supermarket chains in the country, with a large scale and a large number of shipments. If we extend an olive branch, do you think these home appliance manufacturers will not accept it? "
Yuan Chengdao thought for a moment and said, "I have no opinion on this. But once we make a move, I am afraid there will be cracks in our cooperation with Suning."
Sun Tao laughed. "In fact, even if we don't do it ourselves, there will be cracks between the two sides afterwards. Without Gome, their biggest competitor, do you think Suning will be willing to be exploited by us? They won't! So it is better to take action first and intercept some of the channels to satisfy our own development. The benefits we get are the real ones. "
Yuan Chengdao thought for a while and finally said, "We can make some preparations first, but it is hard to say. After all, it is just a report. Whether something will happen to Gome or Huang Guangyu is hard to predict. A few years ago, the Huang brothers were investigated, but they came out unscathed. Before anything happens to Gome, we should just wait and see. "
Everyone nodded in agreement. Faraway didn't have any big plans anyway.
They just wanted to take over some of the home appliance distribution channels. Faraway will just drink some soup if something happens to Gome. No one will care.
If nothing happens to Gome, Faraway will continue to cooperate with Suning, and the effect will be the same.
So to sum it up, there is only one word – wait!
Faraway doesn't need to take action at this time, lest Gome holds a grudge against them. It is better to wait for Gome to have an accident, and then Suning will make a move. Faraway can then take advantage of the situation.
After talking about Gome, Longhua is the big one.
This is a local enterprise in Jiangbei, and they have a lot of dealings with Faraway.
Far away is also in the real estate business. Once Longhua is finished, it will bring more benefits than Gome.
Without waiting for Yuan Chengdao to analyze the pros and cons, Wu Shengnan hurriedly said, "General Manager Li, this is an opportunity!"
"In the past, most of the real estate market in Jiangbei has always been occupied by Longhua. Small and medium-sized real estate developers like us can't shake Longhua's position at all.
But this time, something happened to them, and I don't think it is necessary to help Longhua.
What we should do now is to add fuel to the fire and further accelerate the collapse of Longhua.
Once Longhua collapses, we, Dongyu, should be able to get the biggest share of the many properties left behind.
If we can take over Su 'an New City, when the new city is opened to the public, we will definitely make a lot of profits.
I suggest General Manager Li to make a trip to the provincial government to clarify our intentions.
At this time, the provincial government is actually afraid that Longhua will collapse, causing the new city project to be unfinished.
But as long as someone is willing to take over, the impact of Longhua's bankruptcy will not be that big.
The provincial government may not agree to ordinary foreign real estate companies, and other small real estate companies do not have the ability to take over, so the provincial government will not be at ease.
But Far away is different, we have the ability to do so!
General Manager Li, this is a rare opportunity, don't be soft-hearted! "
Wu Shengnan knows that Li Dong and Hsu Shengzhe have a close relationship, and she is afraid that he will be soft-hearted and let go of this opportunity.
Far away should be strongly supported by the provincial government after that big boss expressed his stance in private.
Usually, it might be difficult to take over, but now that Longhua is unreliable, the provincial government will be happy to take over. Far away should be willing to take over.
In the past, Wu Shengnan wanted to develop the real estate company, but Yuan Chengdao did not agree. But today, after Wu Shengnan finished speaking, Yuan Chengdao's eyes lit up, and he said, "General Manager Li, CEO Wu is right this time!"
"Su 'an New City is supported by Governor Jia, and he has spent too much energy on it these few years. If something happens to Longhua now, it is very likely that it will ruin Governor Jia's overall plan. At this moment, Governor Jia is probably hopping mad. If you are willing to take over the next development task, Governor Jia will definitely be willing. With his support, and the provincial government will not obstruct us too much, maybe we can take over Longhua's project in Su 'an without spending too much money! "
The group's CEO and the real estate company's CEO were all supportive, and the rest were not in the industry, so none of them expressed their opinions.
Shen Qian, who had been quiet all this while, looked around. Seeing that Li Dong did not say anything, she thought for a while and reminded everyone, "Let's not rush this matter. Some things are not as simple as they seem on the surface. Longhua has not completely lost the ability to fight, and Longhua's Hsu Shengzhe still has a backup plan. "
When the rest heard this, they could not help but look at Li Dong and Shen Qian.
There were some things that they were not clear about.
At least on the surface, Longhua this time is in a big crisis. If Far away adds fuel to the fire, it is possible that Longhua will be completely destroyed.
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