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Chapter 251 Absolute Holding, Rectification of the Company


Xiao Bai feels that Sihai Electronics still has a lot of shining points, such as the brand has become a household name, and the sales network and after-sales service network are also very mature.That's what he values, otherwise he wouldn't have continued to invest.After a meal, the three of them reached an agreement on the plan of Sihai Electronics to increase capital and shares.Subsequently, the minutes of the board meeting were supplemented, and Sihai Electronics and Yingsheng Investment signed an investment agreement, and the dust settled on this round of capital increase and share expansion.A few days later, Xiao Bai's Yingsheng Investment Company received the $472.56 million dividend.Combined with the $2.26 million remaining on Yingsheng Investment's account, the bank balance becomes $495.16 million.Xiao Bai asked the finance department to transfer $45.16 million of it to the payment account for the company's various expenses.The remaining $4.5 million was temporarily placed in the account."

These funds are not enough, it seems that they still need to be financed."

Xiao Bai has a lot of dollars in his hands, anyway, the dollars and Hong Kong dollars are freely convertible, but his dollars are basically invested in US stocks, but the cash in his hands is not enough.The current exchange rate is $715 for $100.Calculated together, the investment of 50 million Hong Kong dollars is roughly 69.93 million US dollars.Xiao Bai sat in the office and thought about it for a while, but decided to take out a loan.So, he grabbed the phone on the desk and called Jiang Youwei."

Hello Xiao Dong.I was just going to report to you, didn't you ask me to rent an office space again?

I asked about the property and there was an area of about 160 square meters that was vacant recently.The property said that the rent can give us a little discount, and the rent is 450,000 Hong Kong dollars per year. ”Jiang Youwei originally wanted to change places to ask, but he happened to meet the property manager that day.He casually inquired that there was really a suitable office area in this building.Xiao Bai calculated in his heart that the property was discounted by about 30,000 Hong Kong dollars per year, which is quite good."

Minister Jiang, then you can sign the contract on behalf of the company and the property.Also, you take the time to go to Standard Chartered Bank, Yingsheng Investment needs a $3 million loan, and you go to talk to them on my behalf. ”Xiao Bai thought about it, and he first called Erin, the senior account manager, to talk about it.Then let Jiang Youwei go through the specific procedures, there should be no problem.Jiang Youwei is now more familiar with the situation in Xiangjiang, he happily accepted the task on the phone, and then hung up.Xiao Bai then dialed Erin's number."

Hello Xiao Dong!

Erin is always at your service. ”Erin heard Xiao Bai's voice and couldn't help but secretly rejoice in her heart, this rich and handsome guy might bring himself achievements again.Xiao Bai listened to Erin's sweet and greasy voice, moved the earpiece a little, and then said, "Miss Erin, hello."

I need a $3,000,000 loan that can be pledged with MSFT shares.If there's nothing wrong with you, I'll have someone come to you. ”"Xiao Dong, aren't you coming in person?

That's a shame.The loan you said should be fine, you let someone come to me, and I will take him to go through the formalities. ”Erin regretted that she couldn't serve Xiao Bai in person, but she didn't delay her business and told Xiao Bai that she could send someone to find her."

Okay, thank you then!

Bye. ”Xiao Bai simply hung up the phone, he also felt that the bank would not refuse the loan.In fact, Jiang Youwei went to Standard Chartered Bank on the same day and found Erin.After negotiation, Yingsheng Investment pledged 1.5 million shares of MSFT shares to the bank, and the bank immediately gave Yingsheng Investment a loan of 3 million US dollars.The trend of MSFT is still slowly rising.Its shares closed at $257 per share in February.In March, there was a slight fluctuation around the $260 level, but the upward trend remained unchanged.After Yingsheng Investment received the $300 loan, Xiao Bai instructed Jiang Youwei and Finance to transfer $69.93 million to Sihai Electronics, which is equivalent to the investment of HK$50 million payable by Yingsheng Investment.After doing this, Xiao Bai proposed to convene the first board meeting after the capital increase and share expansion of Sihai Electronics.After Xiao Bai discussed with An Ran and Zhao Lina, it was decided that Xiao Bai would be the chairman of the company, and An Ran would be the director and general manager of the company."

Ah Ran, Sister Li, our Xiangjiang Sihai Electronics Co., Ltd. is actually equivalent to a holding company, and the specific business is basically concentrated in Shencheng Company.Next, I plan to readjust the organizational structure of Shencheng Company.First of all, the design and development department was established, and its responsibility was to design and develop the company's new products.The second is to separate the two paging stations and establish Sihai Communication Company. ”Xiao Bai feels that the company's products always rely on commissioned design, and must have their own product design team.In addition, you have to keep up with the research and development of products, so you can't always imitate others, right?

In addition, the paging business that has nothing to do with the main business is separated and Sihai Communication Company is established, which is also a wholly-owned company of Xiangjiang Sihai Electronics.After listening to this, An Ran and Zhao Lina both nodded silently.The two of them are thinking about the same now, since they have given up control of Sihai Electronics, they will not go against Xiao Bai under normal circumstances.Whether it is Enron or Zhao Lina, they both have high expectations for Xiao Bai and hope that the other party will lead the company to greater achievements."

The acquisition of Yasheng is still the sole responsibility of Ah Ran."

The main body of the acquisition of Yasheng Company is naturally Sihai Electronics Shencheng Company.After the completion of the acquisition, Yasheng's technical staff will join the company's design and development department.Other personnel, such as administration and sales, will be integrated into the relevant departments of the company.The brand, trademark, etc. of Yasheng will be retained, but Yasheng, as a separate company, will cease to exist.For Sihai Electronics, it is just to enrich the product line."

Ah Bai, if you cancel the Yasheng company, I am afraid it will cause dissatisfaction among the other party.Do you want to think about this again?

”Although Yasheng Company is lackluster in operation, it has a set of corporate practices, and employees have a strong sense of belonging.Enron feared that after the acquisition was completed, the company would die out, and the merged Yasheng employees would be resistant."

Do you know why I have to cancel Yasheng?

I just want to let their people merge into the four seas electronics.When dealing with it specifically, Ah Ran, your methods can be gentle, but this principle cannot be changed. ”Xiao Bai hopes to thoroughly digest the Yasheng company and make technical reserves for the VCD machine that will rise in the next two years.In fact, most of the CD players and VCD players are technically the same.It's just that the CD player has audio and no video.After the meeting ended, Xiao Bai and Zhao Lina walked all the way."

Ah Bai, I knew from the beginning that you were a strong person.Now that the control of the company is in your hands, I hope you won't disappoint me. ”Zhao Lina is not very suitable for Xiao Bai's resolute style of doing things for the time being, but fortunately, the relationship between the two is very good, and they can say anything to their faces."

I can't help it, Sister Li.Previously, under the leadership of Ah Ran, although the company has made great achievements, the company's management is not in place.Now taking advantage of the opportunity to acquire Yasheng, I can just take advantage of the situation to rectify the interior, and at the same time stabilize the original team of Yasheng, which is a good thing to kill two birds with one stone. ”Xiao Bai didn't hide it from Zhao Lina, what he did was actually the beginning of rectifying the company.Zhao Lina thought for a while, and suddenly smiled: "Indeed, that guy Ah Ran is a little free and casual.Previously, the company was under his management, and there were also many problems.Now it's okay, it's his turn to have a headache soon, isn't this just a brine and tofu to drop a thing?

”Xiao Bai smiled and said nothing.Sending Zhao Lina to the place, Xiao Bai came to the BOD company to find Wang Chuanfu."

Xiao Dong, you said that the production of CD players, our original tape recorder production line can be.Although the company's cassette recorders are now full, if the number of CD players is not too large, there should be no problem. ”The production line for the production of cassette recorders and CD players, to put it bluntly, is an assembly line, and the degree of automation is not high.In the past, there were three production lines in Anjia, but basically there was no time for full production.After BOD took over, the production line was gradually optimized.At present, the two lines can already meet the daily production needs, and there is one line in reserve, which will only be opened during the time period when the order concentration is out."

Then let's start the third line, do we need to do some technical modifications?"

Xiao Bai dared to pack tickets for An Ran and Zhao Lina, also because the production capacity of the BOD electronics factory was relatively surplus.Wang Chuanfu nodded and said, "Basically, you don't need to make a big move, just make a few fine-tuning on individual details." ”"Okay, that's it.By the way, I have obtained an absolute controlling stake in Xiangjiang Sihai Electronics, and I need to transform the production line, so you just have to let it go. ”Xiao Bai took this opportunity to inform Wang Chuanfu of the capital increase and share expansion of Xiangjiang Sihai Electronics.The reason why I want to tell the other party about this is to give him a reassurance."

Haha, Xiao Dong, there is really you.In this way, Sihai Electronics will be a family with us from now on, and I will definitely try my best to support it. ”Wang Chuanfu was happy when he heard it, and Xiao Bai quietly obtained a controlling stake in Xiangjiang Sihai Electronics, which is also good news for BOD company.After a new round of capital increase and share expansion, Yingsheng Investment's shares accounted for 51, Enron's shares accounted for 28, and Zhao Lina's shares accounted for 21.Xiao Bai's Yingsheng Investment has become the absolute controlling shareholder of Xiangjiang Sihai Electronics."

Well, just have your words, you get ready, when the acquisition of Yasheng is completed, the production of the CD player will begin."

After Xiao Bai and Wang Chuanfu finished chatting about this matter, the two went to the construction site of the battery factory to take a look.At present, BOD's headquarters is still working in a temporarily rented office space, and when the battery plant is completed, the headquarters will move to a new office building."

Xiao Dong, the installation and commissioning of the equipment is very smooth at present, and it will be completed and put into operation in one month at most."

Accompanied by Wang Chuanfu, Xiao Bai carefully looked at the newly built office buildings, dormitory buildings, factories, etc., and Wang Chuanfu told him the good news with a smile.