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The subscription for enterprises and individuals is over, and the meeting is also declared over.
The final list will take time to discuss before it can be finalized.
The holding of the second meeting means that the shareholders¡¯ meeting of Rongcheng Asia Bank has been formally established. It needs to discuss the future development plan of Rongcheng Asia Bank in detail and form a board of directors.
By then, there will definitely be a bloody storm.
¡¡
The subscription meeting is over. Yi Xiaohai acts as the host and organizes everyone to have a meal together.
Today, a large number of people came here because of his face.
He needs to express himself no matter what.
During the dinner, Wei Baobao sat next to Yi Xiaohai and chatted with him about the Yanhuang Hotel.
Su Xin Hotel in Suzhou and Tang Weiwei Hotel in Shanghai have decided to join Yanhuang and have begun asset evaluation.
As soon as the results come out, we will sign the contract directly, which is the first step in selling Yanhuang Hotel.
In other cities, several hotels in Yanjing, Yangcheng and Pengcheng are in contact with Wei Baobao to discuss acquisitions.
The bigger the city, the greater the competitive pressure on star-rated hotels, and they want to make some changes.
Yanhuang is undoubtedly a good opportunity.
It seems that Yi Xiaohai¡¯s advertisement at the Suzhou Industry Conference has a certain effect.
The work at Yanhuang Hotel is going smoothly, and so is Ma Jun and Jiang Ming.
Yuntian Real Estate and Jian'an Real Estate have begun preliminary preparations. When Chen Ming's drawings are completed, construction will officially begin.
It is expected to be completed in 3 months a year.
At the logistics park, the procedures were completed very quickly and work can already begin.
Qunma Subdistrict is already discussing the demolition with nearby residents, and it is estimated that it should be completed within two months.
The only troublesome thing is the design of the logistics park.
Yi Xiaohai asked Chen Ming to recommend someone at the Magic City Design Institute. He hasn¡¯t replied yet and will contact him later.
certainly,
¡°It¡¯s just a way to talk about work while eating, the main thing is to keep in touch with each other.
How to communicate with each other emotionally?
drink wine.
Because it was Yi Xiaohai¡¯s team, everyone toasted frequently.
However, Yi Xiaohai chose to seal the cup after drinking for a while.
With such a good atmosphere, he didn¡¯t want to spoil the fun.
But he can¡¯t drink too much.
In the afternoon, he had to rush to Suzhou to play a game.
If you drink too much, it will be difficult to walk, let alone play ball.
Yi Xiaohai also wanted to be lazy and not play this game.
But,
Thinking of Wu Laoken's reaction if he didn't go, Yi Xiaohai's whole body trembled.
He decided to go for it honestly.
¡¡
After the meal, Yi Xiaohai did not leave immediately.
He called Chen Hongtao, Wu Xinyu, and Zhao Yu together alone.
Hantang Investment will soon allocate US$20 billion to several mainland companies for their later development.
Of course, this will also be the last blood transfusion of Hantang Investment.
From now on, whether it is a hotel, a supermarket, or the recently acquired Jingnan Group, they all need to be self-sufficient and can no longer rely on Xiangdao.
"Brother Zhao, how much free money does the hotel have now?"
"The company's usual operating account is 10.3 million, and the special account is about 530 million. In addition, it has promised to open 13 provincial hotels with the provincial investment promotion, and has prepared 200 million U.S. dollars, but there is still 150 million left"
A special account is specially used to buy real estate.
As for the $200 million,
It was to solve the trouble at that time, and the commitment given could only be used for investment within the province.
"I will allocate another 2 billion US dollars to you. I will not inject any more capital into Yi's Resort Hotel in the future. I will do everything by myself"
Yi Xiaohai has figured it out.
?? 2 billion U.S. dollars, enough to add 60 hotels, can last 3 to 5 years.
When the money is used up, the hotel has a scale of 60 to 70 stores, and the income source is enough to sustain the hotel's continued expansion.
No further funding is needed.
At that time, the hotel was truly independent.
¡°In addition, we will establish a new independent brand under the company specifically to hold shares in Yanhuang Hotel. I will allocate US$6 billion to invest in Yanhuang Hotel. At the same time, we will develop our own hotel in the future.?star hotel¡¡±
Yi Xiaohai has already told Zhao Yu about cooperation, and he knows what to do.
After explaining the hotel¡¯s affairs, it¡¯s Jingnan Group¡¯s business.
Jingnan Group was not established by Yi Xiaohai himself, and he had relatively little control.
But in terms of importance, it can be ranked before the hotel.
He takes it very seriously.
"Has Jingnan Group's industry been completely sorted out?"
"It's all sorted out"
Wu Xinyu straightened his back:
"Jingnan's current main assets are divided into five parts, the main business sector, food processing related industries, including 23 food and non-staple food processing plants, and upstream industries including 32 ranches and farms, with a total value of approximately 180 million ¡¡±
"In terms of fixed assets, including the headquarters building, employee dormitories, etc., the total value is not easy to estimate. We calculate it based on 80% of the market price, without considering depreciation, and the total value is 87 million"
"In terms of non-current assets, they are mainly shares held in other industries, with a total value of approximately 50 million"
"In terms of intangible assets, they mainly include 11 trademarks, 4 franchise rights, and the use rights of 3 pieces of land. This value is not easy to estimate. I calculated it based on the remaining time of the contract, which is about 21 million"
"Other aspects, including inventory, accounts receivable, and cash inventory, are about 42 million"
¡°¡After deducting the group¡¯s bank loans and required payments, the group¡¯s total net worth should be around 310 million¡¡±
Yi Xiaohai nodded.
When he made the acquisition, his valuation of Jingnan Group was almost 300 million, which was not a big difference.
"In the recent period, you have mainly done four things. First, conduct a detailed inspection of every asset of the group. If there are any safety hazards, backward production capacity, or uncompetitive products, stop work when necessary. Straighten up¡¡±
"Second, sell all the shares that have nothing to do with food and collect funds"
"Third, all the debts of the group must be cleared and all receivables recovered. If the company seems to be in arrears, it can be blacklisted and I will deal with it"
In the future, Jingnan Group will develop in the direction of a diversified food company.
Yi Xiaohai¡¯s plan is to integrate Jingnan Group and exist as the upstream industrial chain of Baoism Supermarket.
From manufacturers to sales terminals, they directly face consumers, reducing the existence of intermediate links and reducing overall costs.
¡°But Baixing Supermarket is the hard work of his parents, so Yi Xiaohai decided not to get involved.
"The fourth thing is, if you re-register a company, I will inject 3 billion US dollars to enter the retail industry. The main business direction is supermarkets and stores. You need to sort out the details of supermarkets in the province, and you can also try to contact them. See if the other party has the intention to sell"
Hotels are different from retail.
The retail industry is also a service industry, but the quality requirements for personnel are relatively low.
It is completely possible to acquire in the early stage and rectify in the later stage.
There is no need to develop steadily like a hotel
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