Chapter 1390 Release of Loans
"Wang Yi Industrial mainly operates assets such as department stores. According to our understanding, the company's valuation is about 11 billion yuan, which includes two parts. Wang Yi Industrial's valuation is about 80 billion yuan, and the other 3 billion yuan is the shares of Chengying Group held by the department store industry in Donghai. In the department store industry in Donghai, it is not the largest, but it is not small. However, although this company has not made much development over the years, it has been steady and has a relatively good operating condition. The last time that the investment of Chengying Group was added to Chengying Group was actually a big investment for this company, and there is probably no way out. After all, they have more than 20% of the shares of Chengying Group, worth more than 3 billion yuan. They cannot watch Chengying Group fall like this." Wang Li reported to Ye Lingtian.
"Let's do this. After the Chinese New Year, you two will do something and acquire Wang Yi Industrial. Even if it is not a full-owned acquisition, you must ensure that you acquire more than 50% of the absolute majority of shares. There are two purposes for the acquisition of them. The first purpose is that if Chengying Group fails faster and more thoroughly and Wang Gaoyuan loses worse, we need their internal strength to disrupt the situation. They also treated Sanyuan Group like this at the beginning. The second purpose is that our food company focuses on retail, and we should actually try to develop into the retail department store industry. Wang Yi Industrial is not large in scale, and it is a very good business. It is a long-term company with background and experience, which is exactly what we need, so we can acquire." Ye Lingtian thought for a while and said.
Ye Lingtian's idea was too leaps, and Wang Li and Liu Shangrong couldn't keep up. After a long time, Wang Li said: "Brother Ye, the reason you mentioned for acquiring Wang Yi Industrial is very correct. In fact, there is no problem. But the problem is that Wang Yi Industrial may not agree to accept it. After all, they are actually a private enterprise, and they are private, and they have always been well-managed. Although they have several shareholders, they actually only have one shareholder, and one shareholder accounts for 90% of the shares. In addition, the operating conditions have always been good, so they cannot accept our acquisition. Even if they agree to the acquisition, I think we may suffer a relatively disadvantage in terms of price."
"Well, this is a problem, but it's not a big problem. Liu Shangrong, you can arrange a contact. In the past two days, I will arrange a time to meet with Wang Yi Industry's general manager. I will talk to him. I think he will know how to do it after the talk. After the New Year, if he agrees to the acquisition, then you two will discuss the acquisition with him. The price is normal, and we will give him as much as he deserves. If he disagrees at that time, it's very simple. The first person who can't support it is Wang Yi Industry. Wang Yi Industry was the first one to be in the beginning.
One of the culprits of the collapse of Sanyuan Group and causing Li Xianyuan to die, he would naturally have to pay the price if he was unwilling to help. In addition, Wang Yi Industrial is much smaller than Chengying Group, and I don’t want to acquire him. He just wants the company to go bankrupt or make them lose money, right? People who can do this company to this point can also think of the people who dealt with Sanyuan Group in the first place, and they would know how to do it. Okay, just do it like that, Lao Liu, let’s arrange this before the New Year.” Ye Lingtian nodded.
Chapter completed!