The retail side is unstable, and the whole far-reaching convenience is unstable.

On the contrary, as long as the retail group is stable, even if there are problems in other industries, the problem is not too big, and the entire distant place will not collapse.

When it comes to the market, Li Dong’s purpose is not to make money or become famous.

The most critical point is integration.

The greatest significance of a company listing to the distance is to integrate its messy factional system.

Listing is also a major node that makes everyone feel a sense of belonging.

The reason why Li Dong abandoned other cards, integrated them into the distance, and launched the entire listing is to solve the biggest hidden dangers in the distance.

The disadvantages of high-intensity expansion have now become very prominent.

If Li Dong hadn't been in the distance, then at this time, the distance would have been in chaos.

Li Dong has adopted a wholly-owned acquisition or absolute control since the beginning, and did not let Yuanfang shares go out too much, which is why it can still remain stable now.

If Yuanfang is replaced by Vanke or Alibaba, Li Dong will not hold much shares.

Even if he is in charge, the distance may be trapped in the quagmire of internal struggle at this time.

But Li Dong is Li Dong, and he can suppress these factions and some people's ambitions.

Others do not have the capital or qualifications.

Li Dong would not let this situation continue, so Yuanfang Retail was launched.

The integration before listing has also become a big problem.

...

In the conference room.

In the past few days, Vanke has been in dire straits, and the addition of Anbang Group has made Vanke almost a mess.

But few people care about it in the distance.

Especially the senior executives, they already know that Wu Shengnan is about to resign and Dongyu may be laid off, so no one cares about the matter there.

At this moment, everyone is thinking about far-far retail.

In the conference room, Chen Lang said with a tired face: "The Wushang League is not a big problem, so I will wait for privatization next. It will not take too long. It will definitely be completed before the end of December.

In addition, Wumei, and like the Wushang Federation, began to prepare for the privatization process.

There is no problem with Wumart and Wushang League, and Huachuang has not been listed, so there is no big problem.

Before going public, the integration was completed and listed under the name of Yuanfang Group was very helpful to the next retail group.

Listing is a new beginning.

No matter which company we belong to before, we are now listed on the market based on the Far East.

After listing, the previous sense of belonging to the company will be transferred to the distance. Going to the market in one go can save us a lot of time and energy.

Otherwise, it will take at least three years to slowly integrate into the distance!

But there is still a problem now, that is, Dashang and Gao Xin.

On Dashang, our shareholding ratio has reached 39%, but even so, Dashang is still Dashang.

I had talked with Mr. Niu before, and wanted to delist the Da Shang and merge it into the far side and go public as a whole, Mr. Niu was unwilling to do so.

Mr. Niu means that Dashang can maintain independence like Intime and is controlled by Yuanfang, but cannot be completely integrated into Yuanfang...

Another thing is Gao Xin. We have now taken over all the shares of Runtai, with a shareholding of 49%.

Although Auchan didn't make any noise, he didn't say he had withdrawn. Gao Xin and Da Shang are currently unable to integrate into the distant system.

This is the most suitable time to fully integrate these two companies into the distance.

Once the Far East is listed, even if you acquire all the equity, it will be very difficult to integrate the other party into the Far East.

Just like Bailian, Hualian and Lianhua, even if Bailian is integrated now, it will be difficult to achieve integration.

The key is that the independence is very high. Bailian last time was not just afraid that we didn’t want to compete with us.

But there are many problems inside Bailian!

Agriculture, Industry and Commerce, Hualian, Lianhua, Yonghui... These companies that have been forced to be brought together have their own independence.

Bailian failed to build its own enterprise, and did not make others feel a sense of belonging. Everyone has a low recognition of Bailian.

Even many Bailian employees don’t know that they are from Bailian Group, which is ridiculous.

But this is the real thing!

Fortunately, most of the Bailian’s cards have known that before changing cards, nearly half of the employees of Hualian and Lianhua didn’t know that they were serving Bailian.

Such an enterprise does not have a sense of collective honor or a centripetal force.

Even if the big companies in the world acquire other companies, they still have their own core.

Walmart is Walmart, and Carrefour is Carrefour.

The same is true for the distance, so the mark of the original company must be erased and everyone knows that they are serving the distance..."

Chen Lang said for a long time, Yuan Chengdao frowned and said, "But now, neither Da Shang nor Auchan want to be completely erased by us.

So they are all dragging!

They don't want to give what we want.

If you drag on it, there will be hope, at least they feel so.

Now that it has been incorporated into the distance on the eve of the listing in the distance, their mark has been completely erased. It is difficult to win two companies at this time!"

Others spoke one after another. Li Dong listened for a while and did not rush to talk about this. Instead, he asked: "How much has it been spent to acquire companies such as Wushang League, including the recent acquisition of shares of Dashang and Gao Xin?"

The previous acquisition was not a wholly-owned acquisition, but this time it was.

In order to completely integrate these companies into the distance, the costs have been very low recently.

Hearing Li Dong's question, Chen Lang immediately said: "The Privacy and Chemical Martial Arts Business Federation, plus the shares in Longhua and Yintai, will be required to spend a total of 9 billion yuan when the privatization is completed.

With nearly 5 billion yuan in acquisition funds before, it cost 14 billion yuan to win the Wushang League.

Gao Xin’s own property ratio is not low and costs more.

In order to acquire the remaining 34% of the shares, we spent 12 billion. In addition, 15% spent 5 billion, 49% of the shares spent 17 billion. Overall, we won Gao Xin is no lower than Huachuang.

Dashang has held 39% of the shares so far, and has spent nearly 9 billion yuan..."

After a calculation, even Dashang and Gao Xin did not completely take it, plus the previous expenses of Baijia and South, the expenditures in the distance were as high as 120 billion!

In this way, the proportion of properties owned in the distance is now terrible.

The proportion of owned properties of Huarun, Dashang, Wumart and Wushang League is not high, especially Dashang. The proportion of owned properties of Dashang is actually not low, but their properties are under the name of Dashang Group, but Dashang Retail.

This is also the reason why Dashang's purchase price is not high, because some shopping malls and stores used by Dashang Retail are actually renting Dashang Real Estate's industries.

The proportion of property ownership in the distance cannot be maintained at such a low level, otherwise the rent will increase and drag down the distance.

Now that China's real estate business has recovered, the increase is getting bigger and bigger, everyone present has seen it clearly.

At this time, we must increase the proportion of our own properties.

According to the 30% minimum set by Li Dong, Yuanfang will have to complete the property acquisition plan before going public. The current planned expenditure is more than 60 billion.

After winning Gao Xin and Dashang, the proportion of integration and owned properties will reach expectations, and the expenses will probably reach about 210 billion.

Even though I had expected it, everyone is actually a little guilty now.

Spend too much money!

If this continues, maybe it won’t be able to go public, and it will cost 300 billion!

Li Dong thought for a moment after hearing this, "Give Auchan a price of 20 billion to evacuate them. In addition, tell Auchan that Auchan will not evacuate, and continue to encircle Gao Xin from afar!

I don't care about that little loss, if they want to spend it with us.

20 billion is the highest price. When withdrawing at this time, they will make some profits.

If it’s a little late, when Yuanfang goes public, let alone 20 billion, 10 billion is just a dream!

As for Dashang..."

Li Dong swept around and said, "Tell Qi Yunna, completely take down the Da Shang!

Even if you can't take over the shares of Dashang Group, you still have to contact other shareholders to complete absolute control and delist Dashang.

At that time, the shareholding ratio of Dashang Group will not be high, so don’t worry about their opinions and directly integrate into Yuanfang Group.

By the way, contact the executives of Dashang, their shares can be equally exchanged for shares of Yuanfang Retail.

Whether to continue making trouble with us or wait for the long-range retail to go public, it all depends on them!

Niu Gang is not afraid of it. It is his business that he disagrees. Less than 5% of the shares cannot cause storms.

After completing offline integration, online integration will be carried out, including the Far East City!

As for the logistics group, it operates independently, and the logistics side continues to be busy with its own business."
To be continued...