Chapter 1,127 Financial Industry

Style: Girl Author: Writing and messing up the worldWords: 3347Update Time: 24/01/11 16:35:50
In the conference room of the Hurricane Building Office Building in Shanghai Century Park, Yang Dongxu sat in the chairman's seat. Yesterday, it was Lai Tianqing, Zhu Hengyi, Qian Liang and others.

On the right are the high-rises of the hurricane building, Zhao Yu, Huang Ying, Yu Yi and others.

Sitting at the bottom were Li Fuzhen, Zhou Huaiguo, Wang Qing, Wu Aibing and others. It can be said that almost all the shareholders and senior executives of Hurricane Construction, a real estate giant, are here today.

But what everyone here is talking about today is not the merger and acquisition of Xinghai Hotel and Sanwan Travel Agency. This bill was passed half a month ago, and the contract was formally signed through lengthy negotiations three days ago. Li Fuzhen is already a shareholder of Hurricane Construction and the manager of Xinghai Hotel and Sanwan Travel Agency, two flagship products of Hurricane Construction.

Yang Dongxu has absolute controlling interest in Hurricane Construction, and has been working as a hands-off shopkeeper over the years. But the company's control has never weakened. Sanwan Travel Agency was originally his company, and Li Fuzhen had absolute control of Xinghai Hotel.

So after some wrangling over share swaps, everyone happily signed the contract. The giant hurricane building has installed two development promoters on itself. Li Fuzhen suddenly became a shareholder of a 100 billion group, and he was also a powerful executive.

Today's meeting mainly discusses whether Hurricane Construction is involved in the financial industry. Yes, it is the financial industry that Yang Dongxu said that everyone involved in finance is dirty.

Originally he refused to even think about this issue because he really didn't want to get involved in finance in China. There were so many money-making projects, and he didn't want to get involved with these people.

However, after communicating with Li Fuzhen, some of the Samsung princess's insights and views on finance made him change his attention, so today's meeting was held.

"The industries currently involved in Hurricane Construction include real estate, hotels, tourism, cinemas, highways..." Since there are so many people today, and two very powerful subsidiaries have just been added, Yang Dongxu asked Zhao Yu to The meeting began with a brief introduction to hurricane architecture.

Although he, Lai Tianqing and others have been friends for many years, when Hurricane Construction is developing more and more rapidly and has become a giant at this time, its future will be limitless. Some things are better handled in a public manner, friendships are private, and company matters should be handled according to the company's rules and regulations.

Of course, this introduction is actually just a general introduction. For example, just talking about real estate projects, it includes high-end residential buildings, boutique communities, shopping malls, office buildings and many other projects. Today’s introduction is just a rough statistic.

Following Zhao Yu's introduction, even Chairman Yang Dongxu felt a little excited, let alone other shareholders. Although everyone is well aware of the company's situation, Yang Dongxu has spent a lot of time at work in recent years.

But when these industries were laid out in front of them one by one, everyone still felt a sense of shock. It's like there is a mountain in front of you. It looks small at first, then grows bigger and bigger with Zhao Yu's introduction, and finally turns into an existence that people look up to.

"To sum up, because the hurricane construction assets are extremely strong, and as the real estate industry begins to show signs of recovery at the end of this year, the company's senior management met to study that in order for the company to develop better and faster, we should get involved in the financial industry." The introduction lasted for more than ten minutes.

In addition to the industries involved in the company, there is also the current development status of various projects. This is just an introduction. A detailed introduction would probably take more than half an hour.

However, although the content may seem a bit boring, those who do it are the people who own the huge industry behind these boring contents. Therefore, no one was impatient, but was happy to continue listening.

Knock knock!

Yang Dongxu knocked on the table in front of him, waking up the senior executives and shareholders who were silent in the hurricane building.

"Let's talk about it, should we get involved in the financial industry?" Yang Dongxu said.

He can't say he has a good impression of these industries, especially the domestic financial industry, which is indeed chaotic. In addition, Hurricane Construction has always had excellent credit and strong assets, so banks have come to ask for loans.

At the same time, the company has maintained good cooperative relations with the central bank and major banks since its establishment. In recent years, it has become an important customer of Minsheng, and Yang Dongxu is also a shareholder of Minsheng. Therefore, I have always been outsourcing this area and have never been involved in it myself.

But Yang Dongxu knew that his previous denial of this issue was actually somewhat emotional. If a company wants to develop, it's not just because you don't like it that you have to veto projects that are beneficial to the company's development.

Of course, Yang Dongxu, as the absolute majority shareholder, can veto it, and Hurricane Construction will not collapse because of this. But this is obviously not a naive choice that a mature businessman should make.

Many people think that the original operation of Hurricane Construction is weird enough. Some people even feel that Hurricane Construction is pretending to be X. Everyone is immersed in making money, only you have the ability and the conscience.

But in this case, with the development of hurricane construction, it is getting better and faster. They can only suck at themselves. There is no other way. Even if someone has the ability to develop better than you, it is useless to say harsh words regardless of the facts.

But for a real estate company not involved in the financial industry, this is no longer strange, it is simply an alternative. Looking at the country, or even the world, as long as there are real estate companies with a good reputation, which one does not have one foot in the financial industry?

For example, Wanda’s four major industries are commerce, culture, real estate, and finance. Evergrande Group is also engaged in real estate, construction and health, tourism and finance. Another example is Vanke, another example is China Resources.

Not to mention real estate, companies in other industries that have developed into large groups are also playing in finance. For example, big bosses in the automotive industry, the mobile phone industry, and even the textile industry.

In short, the top companies or groups with capital in each industry will basically play finance. Even if you can't afford a bank or insurance, you can still set up a securities company. They cannot afford to play with the securities of other companies, and there are many people who play with the securities of their own company.

Therefore, as a mature group company, the financial industry is an important complementary part of the company, and it is also a very profitable industry. You can't cut off this important component just because of your personal preferences.

"Test the securities market first, or something else?" Lai Tianqing leaned on his chair and said.

Although he is not the second largest shareholder of Hurricane Construction, he is undoubtedly the most prestigious among all shareholders except Yang Dongxu and Li Fuzhen. Moreover, the industry in Lai Tianqing's hands is actually much more powerful than Hurricane Construction, because they really have mines at home, and there are many mines.

Yang Dongxu didn't speak, and Zhao Yu said: "The current plan discussed by the company's management is that since it wants to get involved in the financial industry, it will involve banking, insurance and securities together. Hurricane Construction has enough capital to support it.

Of course, due to the particularity of domestic banks, this aspect of business may require finding suitable banks in Hong Kong or other countries for acquisition. Or further strengthen cooperation with other domestic banks instead. "

The three major financial industries are banking, insurance and securities. Zhao Yu's desire to dabble in everything at once sounds a bit eager for quick success, but it's just like what he said. With the current strong strength of Hurricane Construction, it is not risky to have enough capital to do all this.

"Is there any possibility that the company plans to go public?" Lai Tianqing asked after pondering.

Everyone's eyes couldn't help but look towards Yang Dongxu. It was obvious that only he had the right to make this decision. If you are involved in finance, listing your company will undoubtedly give you more freedom.

"The company has no plans to go public for the time being." Yang Dongxu said calmly.

Although they have known this answer for a long time, many people were still a little disappointed when they heard it with their own ears. After all, although the company's market value may be somewhat watery after listing, personal assets can indeed expand rapidly many times. Millionaires, multi-millionaires, and even billionaires can be mass-produced overnight.

This is also one of the weird points that makes hurricane architecture considered weird by other peers. Because everyone is eager to get the company listed immediately, but Hurricane Construction, let alone domestic, seems to be indifferent to Snardak in the United States.

"How will the specific business be carried out?" It was Zhu Hengyi who spoke.

"Insurance business can start with car insurance. The first goal of the plan is to win the car insurance business of BMW Motor Company. BMW cars are of excellent quality and have a good reputation.

At the same time, it has perfect after-sales service, so it may take a lot of profits to win this business. But the advantage is that the risks are small and stable. You can use this to train manpower in the insurance department, and then gradually get involved in life insurance, medical insurance and other fields.

As for securities, it must be based on hurricane construction, and roads can be used as a pilot first. Highway investment is huge and has a long profit period, so it can be made into long-term securities of three or even five years..." Zhao Yu began to talk eloquently.

A qualified topic does not just mean that you mention a name, it must have a proper and convincing implementation plan. Of course, it is up to the boss to decide whether the issue is passed or not, but the work must be done properly.

Regarding this point, Zhao Yu and other senior executives of the company are obviously qualified executives, and they naturally do everything they can.

Listening to Zhao Yu's narration, Zhu Hengyi kept nodding. This execution plan is very feasible. Coupled with the size of the hurricane building and the network resources behind them, it is basically a sure-fire deal.

"Since there are no objections, let's carry out the project according to the plan. Manager Zhao is directly responsible for this project, with Huang Ying assisting. However, in addition to highways, the Securities side also includes Sanwan Travel Agency."

Having said that, no need to ask, everyone in the company agreed to enter the financial industry. Yang Dongxu made the decision directly without any pretense. Everyone in the company was overjoyed.

After being happy, Zhao Yu opened his mouth and wanted to say something. Naturally, he had no objection to the fact that travel to the Three Bays was included in the securities business.

Because whether it is highway construction or scenic spot development, the largest investment is actually infrastructure construction. This issuance of securities to raise funds will indeed help alleviate the financial pressure on the project.

However, the biggest financial pressure for Hurricane Construction obviously comes from the real estate project itself. Compared with the huge real estate projects, the infrastructure construction of roads and scenic spots can be said to be insignificant.

Yang Dongxu seemed to understand what Zhao Yu wanted to say, and said: "We will discuss the real estate project after we start securities business. Let's do a good job in these two projects first."

Zhao Yu nodded and said nothing. Real estate projects are the foundation of hurricane construction, so it should be prudent. Although he felt that his plan was actually solid enough.

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