Technology Tycoon: From Real Estate Tycoon To Technology Overlord
Chapter 98 Su Ning’S Dilemma! Home For Sale For Good Fortune
Sichuan Province, Shanghai City, Shancheng City, Beijing City, Zhejiang Province, and Fujian Province.
After inspection, Yang Manli decided to select these six locations for Tesco's first expansion.
At present, all the storefronts have been confirmed, the team has begun to arrange decoration, and the purchasing department has also begun to cooperate with the distribution department to prepare to build a distribution center nearby.
"Manager Lu, how is your cooperation with the Le family going?"
After listening to Yang Manli's explanation of the situation, Li Yu turned to ask Lu Yan.
Lu Yan quickly reported:
"Mr. Li, Mr. Yang decided on the expansion point, and our Lejia department sent people to select the location.
At present, more than ten direct-operated stores have been set up in Beijing and Shanghai, and ten to thirty direct-operated stores have been set up in the remaining four provinces.
According to the plan, Roca will cooperate with Tesco to add more than 100 directly-operated stores this time. "
"What about joining?"
“After cooperating with Ledong’s promotion offline and online, more than a thousand people have visited the company this week.
More than 70 people have already chosen locations, signed contracts and started renovations. If nothing unexpected happens, these 70 branches will be open for business within half a month.
It's just that 70% of the more than 70 franchisees are located in Pengcheng, Guancheng, and Huishi, and the rest are also within Guangdong Province. "
After all, Tiansheng Department Store is headquartered in Pengcheng, so most franchisees naturally want to be close to Pengcheng as long as conditions permit.
Next, Li Yu continued to discuss the next direction and speed of expansion with Yang Manli and Lu Yan.
At this moment, someone thousands of miles away from Pengcheng was discussing Li Yu's Tiansheng Department Store.
Nanjin City, Ning Province.
Su Ning.com headquarters, chairman's office.
"Chairman, the Gallic National Welfare Corporation has proposed that we purchase the remaining 20% of the shares according to the funds agreed in the contract."
An elite lady in the office reported to Chen Jindonghui with a document in her hand.
Chen Jindong immediately felt a pain in his head when he heard about the family blessing.
The Jiamoufu project was a project he acquired in 2019.
Su Ning's situation was not bad at the beginning, and the acquisition of Jia Moufu was regarded as channel integration to improve Su Ning's competitiveness. He even considered using Jia Moufu's cash flow to help Su Ning.
It's just that I haven't yet acquired the 20% stake in the Gaul National Welfare Company.
Domestic Jiamufu has begun to decline, and internal capital flows have begun to become unhealthy.
The house leaked and it rained all night. At this moment, the Gallic National Welfare Company actually used the contract to argue, asking Su Ning to buy 20% of their shares.
"Hmph! With the current situation of family seeking wealth, isn't it a pure waste of money to acquire the other party's shares now~ "?"
Chen Jindong sat on the chair and said with a dissatisfied expression.
Of course, he was just talking. After all, everyone knew the contract signed at that time, but it was guaranteed that Su Ning would acquire the remaining shares at the agreed price in the future.
"Let's have a meeting! Inform the senior management to hold a meeting to discuss." Chen Jindong thought for a moment and said.
Half an hour later, in the original company conference room.
After Chen Jindong walked into the conference room and saw that everyone had arrived, he went straight to the topic without any nonsense:
“At present, the Gallic National Welfare Corporation has officially sent a letter requesting us to acquire the remaining 20% of their shares.
It’s just that everyone knows about the current internal situation in our company, and we are already in trouble.
If we acquire it, we will definitely lose money. I wonder what you have?"
After Chen Jindong finished speaking, the conference room exploded in an instant, and the senior management at the scene divided into many groups and began to discuss privately.
Chen Jindong was not angry, but sat there quietly watching these high-level performances without any rush.
Ten minutes later, Chen Jindong reached out and knocked on the table: "Okay, everyone, please be quiet!"
"Reject the acquisition! Chairman, the company really has no money at the moment."
"Hmph! You said it simply. The contract you signed for the acquisition was originally signed. What are you using to refuse the acquisition now?"
"I suggest reducing the budget from other places, and then directly acquiring the shares from the other party, and then selling them entirely depending on the situation."
"Where did the money come from? This is 1.2 billion. Where do you think our company will use this money to acquire the other party?"
Chen Jindong saw his subordinates divided into several groups and kept making noises. He was already irritable and finally couldn't help but slap the table.
Snapped!!!
At this moment, everyone present suddenly became quiet [looking at him neatly and saying nothing.
"The acquisition is necessary, but the price must not be the same as before.
Let’s discuss what to do with Jiamofu after the acquisition is completed?”
Chen Jindong made the final decision and directly decided to acquire the remaining shares, and then prepared for everyone to discuss how to deal with the family's future.
"Chairman!"
At this moment, a man about forty years old stood up and said:
"After more than a year of operation, it can be seen that our team is not good at department stores and supermarkets. I suggest that we sell it and focus on home appliances, which we are good at.
After listening to the question, Zhang Jindong asked: "..." Considering the current situation of Jiamoufu, which has suffered losses for three consecutive years and the current special situation, which domestic company do you think will acquire it? Even if someone agrees to the acquisition, how much money can it provide?"
The man seemed to have a good understanding of the current department store market and directly made suggestions:
"Chairman, do you know about Tiansheng Department Store in Pengcheng? They own the Tesco department store chain!"
"Tesco? Never heard of it!" Zhang Jindong shook his head.
"Has the chairman heard of products like Soft Care Shampoo and Humulin?" the young man asked this time.
Zhang Jindong immediately expressed some impression after hearing this. "Isn't this a product banned by several Japanese giants? I have influence!"
Seeing that Zhang Jindong finally had an impression, the young man immediately began to explain:
"These products are products of Tiansheng Daily Chemical Co., Ltd., and the Tesco supermarket chain is a brand of Tiansheng Department Store.
Last year, Tiansheng Company directly acquired several small and medium-sized chain supermarkets to build its own retail channels under the pressure of the giant ban.
This year, their company has begun to expand beyond Guangdong Province. If we propose to sell Jiamofu to the other party at this time.
I think they should take over. "
As soon as the man finished speaking, a man in his fifties immediately mocked:
"Are you kidding? Do you know how much Jiamoufu is worth? At least 5 billion. Do you think this small company can spend 5 billion to acquire it?"
"Haha!" The man looked at the old man like he was a fool and said, "Do you think the welfare of the family is worth 5 billion now? If you think it is worth 5 billion, why don't we give you a discount and find a company, let alone 5 billion, 300 billion?" Can I buy it with real money?
I think the chairman and most of the senior management present here would agree to sell the family at a loss of 2 billion to make a fortune!"
"Snapped!!"
The old man was so angry that he stood up and pointed at the other person and said angrily: "What is your position? How dare you talk to me in this tone?"
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