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Chapter 755: Establishing rules and suppressing escalation


After a while.Some companies under the Times Department have begun to adjust.First of all, Julong Electric has made a big move.Julong Electric (Group) Co., Ltd. announced the withdrawal from its retail business.Julong Electric Co., Ltd. immediately acquired the retail assets of the group company and closed some of its stores.At the beginning, many people did not understand this matter, but after the analysis of experts, people found out that Julong Electric (Group) Company also has such a large number of commercial properties!

Therefore, the little profit of the retail business is not rare, and it is ready to transform into a holding company and make money lying down.Listed companies have closed some stores whose rents have risen too fast, and these stores have a variety of landlords, but they have nothing to do with the times.For the stores that remain, basically the property rights of the stores belong to the group company, and there are certain concessions in rent.The left hand acquired the retail business of Julong Electric Appliance (Group) Company, and the right hand closed some stores, and in general, the total number of retail stores of listed companies was reduced.Jiang Xiaozhou took advantage of the sluggish stock price during the adjustment period to buy back some shares of listed companies on dips.Some of them were sold to senior officials of Julong Electric (Group) Company and Julong Electric Appliance Co., Ltd. in accordance with the incentive conditions.He and Qin Siyao are undoubtedly the two people who have benefited the most, but the overall proportion of shares held by the management is very low, and it has nothing to do with the management buyout at all."

Xiao Dong, our adjustment is basically over.After acquiring the retail business of the group company, coupled with the reduction in the average rent of the storefront, the listed company predicts that the profit target will recover in the next quarter.However, our revenue scale can only be maintained at the current state for the time being, and there is no growth momentum.In addition, the second largest appliance chain giant in China, taking advantage of our structural adjustment, suddenly began to exert force, and the number of stores surged, and it seems that the other party has ideas. ”Julong Electric's adjustment speed is very fast, and the most troublesome asset acquisition is the easiest, after all, this retail business acquisition is a related party transaction.Some of the storefronts are being scaled down more slowly, involving issues such as rental contracts.It's just that the plan has been decided, and the rest is to implement it step by step, and it doesn't matter if it drags on for a long time.As far as the whole plan is concerned, the adjustment of Julong Electric has been successfully concluded.It is not surprising that the opponent took advantage of the shrinking window of Julong Electric to increase its efforts to expand.But when Jiang Xiaozhou and Qin Siyao came to report to Xiao Bai, they were still a little indignant.At this time, the second largest domestic appliance chain enterprise they are talking about is no longer G-Mei Electric Appliances, which was in full swing in the past.After G-Mei had internal problems, she fell to the third position and has maintained it until now."

The other party has expanded its stores on a large scale, just let them be, you still have to stick to your plan and don't waver easily.At this stage, the most important job for you is to do a good job in the integrated development of online and offline, backed by Julong Mall, and there should be some innovation in the model. ”Xiao Bai said a few words lightly, and sent the two away.Today's Julong Electric has crossed a period of rapid development and entered a period of stable development.The task now is to keep the basic market and develop in tandem with Julong Mall, and don't worry too much about anything else."

Dong Xiao, Mr.

Wang and Mr.

Yue are already here, do you want to invite them over?"

Xiao Bai knew that Wang Chuanfu and Yue Tong were coming over, and Jiang Xiaozhou and Qin Siyao's work report was a temporary arrangement, but as a result, Wang Chuanfu and the two waited for a while."

Well, you let them come."

Xiao Bai nodded and asked Tong Wanqing to call them.After a while, Wang Chuanfu walked in with Yue Tong."

Mr.

Wang, Xiaotong, come in and sit."

Xiao Bai invited the two into the small reception room, and Tong Wanqing personally brought a few cups of coffee.After everyone sat down, Wang Chuanfu glanced at Yue Tong and motioned to the other party to speak first.Yue Tong nodded, and said to Xiao Bai: "Dong Xiao, we have been in contact with Mr.

Lin a few times before, and Mr.

Lin is also very interesting, he has been busy for so long, and the matter of issuing H shares in Xiangjiang can be regarded as having an eyebrow."

However, from now to the landing, I am afraid it will take half a year. ”Yue Tong is the director and deputy general manager of BOD Motors, in charge of daily work.Mr.

Lei has stepped down from his position as vice president and has retained only the title of non-executive director.Before, Xiao Bai went to Xiangjiang with Wang Chuanfu and Yue Tong to meet Lin Jiadong, and then Yue Tong was responsible for contacting each other specifically.At present, it seems that the issuance of H shares by BOD Automobile in Xiangjiang is not going very smoothly.The big problem is that the time span is a bit long.However, BOD Motors is currently in urgent need of funds for expansion, Wang Chuanfu and Yue Tongyi discussed, and decided to ask Xiao Bai for help first, borrow a sum of money, and wait for the company to successfully issue H shares."

Mr.

Xiao, Mr.

Yue and I have summed up that our cash flow is not enough to support the company's capacity expansion.So we came to you and wanted to ask you to help us. ”This is not the first time that Wang Chuanfu has borrowed money from Xiao Bai, and the development of BOD Group to today's scale is absolutely inseparable from Xiao Bai's financial support.He didn't have any psychological pressure to talk about it."

Yes!

Go back and tell Mr.

Cui that you should take 30 billion Hong Kong dollars from him first.When your H-share listing is approved, the funds will be returned at an opportune time. ”Xiao Bai knows that the debt level of BOD cars is not low, and the amount of loans from the bank is less, and the problem cannot be solved.In short, it is a temporary turnover, which is about half a year at most."

Xiao Dong, this kind of borrowing is not very standardized.I think so, it is better to issue a Hong Kong dollar bond in Hong Kong, the amount is set at 30 billion yuan, and Mr.

Cui fully subscribes to it, what do you think?

”Yue Tong interjected, this is actually what Wang Chuanfu meant, it is obvious that the two are cooperating.Xiao Bai laughed when he heard it, and then said: "Whatever you want, but you go and talk to Lao Cui about the specific conditions, and I won't interfere." ”Just kidding, Wang Chuanfu's routine is getting deeper and deeper, so Xiao Bai will not fall for him.On matters of principle, he can make a decision, and if he talks about the conditions, I'm sorry, go to Cui Mingda.Wang Chuanfu and Yue Tong glanced at each other, very helpless.In many things, Xiao Bai is a relatively talkative master.But Cui Mingda of Yingsheng Investment is not easy to speak, even if it is an enterprise within the Times Department, everyone is treated equally.Unless Xiao Bai speaks."

Okay, Mr.

Yue and I will go to Xiangjiang again and find Mr.

Cui.Dong Xiao, our current asset-liability ratio is not low, and the financial burden is not light, you should say hello to Mr.

Cui and take care of it a little. ”When Wang Chuanfu went out, he still said a word."

Okay, you go to Lao Cui first, and we'll talk about other things when you're done."

Xiao Bai did not agree or refuse, and sent the two to the elevator room with a smile.After returning to the office, he immediately called Cui Mingda and told him about the funds."

Okay, Xiao Dong.When Mr.

Wang and the others come, I will have a good talk with them, they are all my own people, what else is there to say?

”Cui Mingda agreed very happily, but did not say the specific conditions.Xiao Bai didn't bother to care about these little things, so he hung up immediately.In the next few days, Xiao Bai didn't ask about it.When he saw Wang Chuanfu again, the other party had already reached an agreement with Yingsheng Investment."

Xiao Dong, I found out, only the wrong name and no wrong nickname.Everyone calls Mr.

Cui 'Cui Papi', and I finally understood his power this time.However, Mr.

Cui is not too much to see in your face, I used the equity of BOD Motors as collateral to successfully reach an agreement with the other party to issue HK$30 billion bonds. ”Wang Chuanfu's heart is actually not as angry as it seems on the surface, such a large amount of money, even if it is a bank loan, it still needs a guarantee or asset mortgage.In fact, the conditions put forward by Cui Mingda are not harsh, and the interest rate of the bonds is not high, and the other party is probably doing this for the outside world to see."

Isn't it done?

Lao Cui can't peel a layer of skin from you, he wants to gag other people's mouths, so that no one will borrow money from him. ”Xiao Bai laughed, and immediately understood Cui Mingda's thoughts.Now is an eventful time, even if it is a company under the Times Department, no one dares to say that they will not encounter financial problems.Cui Mingda is not good at favoring one over the other, and he uses this matter to set rules, just to tell everyone that even internal financing procedures cannot be simplified.The main reason is that the amount of funds is too large."

Dong Xiao, the matter is done, and the funds will arrive soon.I'll come over and tell you that I've probably been spending most of my time in Yangcheng lately. ”Wang Chuanfu didn't stay long in Xiao Bai, and after leaving the headquarters park, he went directly to Yangcheng by car.The construction of BOD's new production base will start soon, and he will be able to handle some things more efficiently on site in the early stage.The follow-up issuance of H shares by BOD Motors is still in charge of Yue Tong.Xiao Bai saw that the operation of the entire era system was acceptable, so he moved his heart and thought of going out for a vacation.He's been so busy enough in the past two years that he doesn't have much time to go out and have some fun."

Xiaoling, where do you want to go on vacation?"

When he got home in the evening, Xiao Bai found time to mention it to Liu Xiaoling."

yes, it's been a long time since we've been far away.Otherwise, call Xiuxiu together, let's go to Thailand?

It's good that the family has been to the manor over there a few times, otherwise wouldn't it be overgrown with weeds if it was left there?

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”Liu Xiaoling was very happy when she heard it, and casually made a joke.Xiao Bai and Liu Xiaoling and others have not been to a manor in Thailand for a long time.It's not enough to be overgrown, after all, there are special people taking care of it.For such a long time, Liu Xiaoling's mother and Liu Xiaoyu have been there twice, Tian Chunxiu's parents have lived there with Ziyu for a month, and then Liang Yufen and Xiao Tianfang occasionally go to stay for a few days.Most of the rest of the time is idle."

Okay, let's go to Bangkok.Go back and tell Xiao Tian that we will meet in Xiangjiang on the weekend and fly directly to Bangkok. ”Xiao Bai smiled and nodded, and decided to go to Thailand for a vacation.This time he won't go out and return in two or three days, Xiao Bai gave himself half a month's vacation, planning to rest there for a while.Even Tian Chunxiu temporarily left his job, and the three adults with two children and a large entourage went to the manor in Bangkok.Hong kong.Cui Mingda met with several lawyers from the legal team at the company.Several of them and T Dian's lawyers have reached a settlement intention, and they are waiting for both parties to sign it, and the settlement agreement can take effect.Cui Mingda read it twice, discussed it with the lawyers, and felt that there was nothing wrong with this settlement agreement."

Well, I'll pass this draft agreement to the parties.If the other party does not object, it is good that this lawsuit ends like this. ”The lawsuit was only initiated by T electricity, and if you want to settle, you have to make some financial compensation to Liang Jinsong's side.The cost of hiring a team of lawyers to respond to the lawsuit is really not low, and with the time and energy involved, there is no one who can say that it is not good.If it is announced that T Power has lost the lawsuit, the other party will definitely suffer more than that.Cui Mingda then passed the draft agreement to Liang Jinsong, who was far away in the capital, and because Xiao Bai was out on vacation, Cui Mingda informed Juvinson of the matter.When Xiao Bai was still on vacation with his family in Bangkok, the settlement agreement was officially signed.Many people think that this time T electricity has done useless work, but Liang Jinsong knows very well in his heart that the other party successfully let him be a teacher for a long time, which objectively delayed Liang Jinsong's time to play a role in Times IC Manufacturing (Beijing) Company.Coupled with the fact that the other party made full use of the policy of the United States to suppress the development of the domestic semiconductor industry, the IC foundry company on the island has become the king of integrated circuit manufacturing in the world.It was in these two years that T Electric reached the top, and these two years were the two years when Times IC Manufacturing Co., Ltd. was the most suppressed.Therefore, today, T Electric is rushing all the way to the process below 10N, and Wei Jianjun and his team can only compete with the 14N process.Wei Jianjun also wants to advance the process to 7N, but I'm sorry, in the future, even the EUV lithography machine for research and development will not be sold to you.So, 14n is a watershed.Since then, the company has been unable to catch up with T electricity in the advanced process.However, fortunately, the 14N process technology is completely sufficient in the past one or two years, and even the 28N process technology can solve most of the chip manufacturing problems.It's just that the trend is very unfavorable for the IC manufacturing of the times, especially the listed companies.Wei Jianjun and his team have mastered the most advanced process technology (14N) in China, Wei Xiaolou's Beijing company has just advanced to the node of 28N, and Liang Jinsong and others are still struggling to run in with domestic equipment (mainly domestic lithography machines).How difficult it is to get rid of the technical constraints of Lao Mei!

It's just that no matter how difficult it is, you have to do it, otherwise one day you will be stuck by others, and you won't even have room to survive.At this juncture, Lao Mei has stepped up its suppression of domestic communication giants, Liao Hongxing's company has borne the brunt, and Times Communications has not been spared.