Shenhao started as a military training anchor

Holly is also engaged in international trade, and overseas assets account for about one-fifth of his total assets.

In other countries, his companies are also foreign-owned enterprises.

Therefore, Holly’s attitude towards foreign investment in China is fair competition and peaceful win-win.

I think I have established a good image in the minds of representatives of foreign-funded enterprises.

As far as the RMB 80 billion acquisition of Metro is concerned, both Metro's German headquarters and the management of the Asia region are grateful to Holly.

After all, supermarket retailers such as Carrefour and Lotte, which were once prosperous, were forced to withdraw from the Chinese market.

Wumart Group's acquisition of Metro has stabilized Metro's market and brand influence in China.

Now, the president of the China region has been stabbing Holly in the back repeatedly and even went to the city government to complain, labeling him a "local emperor". If this matter cannot be suppressed in front of the mayor today, the impact will be great.

Holly was very angry.

After returning to the manor, an international video conference was held directly.

Wumart Group Chairman Zhang Wen Zhong, Tencent Holdings CEO Liu Zhiping, IDG Capital Partner Zhou Hongyi and Metro Global President Steve all attended the meeting.

Holly said bluntly: "Regarding the IPO of Metro Supply Chain's retail assets, I would like to communicate with several shareholders again."

Zhang Wenzhong first stated: "I don't recommend doing this. If Metro Supply Chain were to go public as a separate company, there would be huge resistance.

And lack of strong market competitiveness.

Based on the current profits, the supply chain cannot afford to lower prices to grab market share.

What’s more, the competitors are JD.com, Cainiao and other rivals.”

Zhou Hongyi said bluntly: "It is currently at the level of Yonghui."

It's worth talking.

But it is not worse than Yonghui.

The attitude is clear: we do not agree with Metro Supply Chain spinning off its retail assets and listing them separately.

Liu Zhiping and Holly have the same attitude.

As an investor, what we look at is the maximum return.

Metro Supply Chain's spin-off and listing does not have any features worthy of the financial market's attention among similar stocks.

Holly asked Stephen: “Stephen, please tell me what you think?”

Stephen said: "OK, Huo, colleagues, I believe you understand the Chinese market better than I do.

This is also the reason why we chose to cooperate with you. So far, our cooperation has been very pleasant and the headquarters also attaches great importance to the Chinese market. In order to better carry out cooperation, on behalf of the board of directors, I respect your opinions.

The plan to spin off and list Metro Supply Chain has been put on hold for the time being.”

Holly said: “Stephen, I don’t think Kant is suitable for the position of President of China.

We disagreed on grand strategy and couldn’t proceed with our work.”

What this means is that Metro needs to change its coach.

If they don't want to completely lose the Chinese market, they have to do as required by today's video conference.

Remove or transfer Kant’s China president, who has always advocated a split listing.

Zhang Wenzhong followed up and said, “I agree with Mr. Huo’s opinion, otherwise our future cooperation will be very troublesome.

Unable to carry out work smoothly.”

Stephen hesitated for a moment. He understood that this was a statement made by Wumart Group and several major Chinese shareholders.

If Metro does not follow their requirements, it may lose the remaining 20% ​​stake in China.

Both Holly and Liu Zhiping have the ability to continue spending money to acquire 20% of the shares.

Stephen hesitated for a moment. Although Kant was his confidant, he finally compromised. "OK, Huo, I promise you that the headquarters will deal with this matter as soon as possible."

"Looking forward to your good news," Holly said.

After the meeting, Holly hung up the video.

Kant, the president of China, must be removed.

……

Holly attended a foreign investment friendly symposium hosted by the Jiangcheng Municipal Government.

I went there with several well-known entrepreneurs in Jiangcheng.

All foreign investment representatives from Jiangcheng were present.

In order to show the city government's attention, the symposium was hosted by the mayor himself.

When the mayor invited Holly to sit on the podium, the foreign investors present fell silent. The rumors that Holly was a "local tyrant in Jiangcheng" came from the foreign investment circle.

Holly was called to today's foreign investment symposium. I wonder if it is to ask Holly to prove his innocence or if the city is putting pressure on them?
The atmosphere in the conference room was already becoming tense.

The mayor presided over the meeting and expressed on behalf of the municipal party committee and government the importance attached to foreign-funded enterprises, and pledged to continue to increase policy support and create a good investment and business environment.

We hope to expand import and export trade with foreign-funded enterprises and achieve mutual benefit and win-win results.

The mayor finished speaking and handed the microphone to Holly.

Holly smiled and said, "Today's forum has no political or economic tasks, so foreign investors don't need to be so nervous.

Relax a little.

Friendly exchanges and mutual learning.

Our local companies also need such channels to establish good relationships with foreign-funded enterprises.

Eliminate misunderstandings between each other.”

The word "misunderstanding" is a specific mention.

Kant, the president of Metro China, looked at Holly, exchanged glances with Holly, and then immediately avoided Holly's gaze.

He knew Holly was reminding him.

To others, it is a misunderstanding.

But for him, it was just a reminder for him not to cause trouble again.

Holly continued: “For a long time, foreign-funded enterprises and our local private enterprises have had very close business exchanges.

Take me for example.

The dispute between Carlsberg and Jiawei was not resolved after several years of litigation, so Haikuo Trading Group stepped in to take over Carlsberg's shares in Jiawei.

It also helped solve debt problems worth hundreds of millions.

Now both breweries are developing very well. Carlsberg's position in the Chinese market is more solid, and Carlsberg has also successfully opened up Southeast Asian markets such as Thailand.

In addition, Shunwei Capital played a vital role in the cooperation between Metro and Wumart Group. If it were not for this acquisition, I think Metro might be the same as Carrefour and Lotte now.

We dare not say that we will withdraw from the Chinese market, but at least we have closed more than half of our stores.”

Holly looked at Kant.

The other people present also looked over.

Kant couldn't raise his head. It seemed that he had become the target of public criticism and everyone was calling for his death.

Mr. Huo has clearly provided so much help to the development of foreign-funded enterprises, so how come he has become the local emperor in his words?

The matter was also reported to the city government.

Is it because your personal interests have not been met that you are deliberately causing trouble?

Holly continued, “We have business cooperation with Panasonic, Shell, BASF, Bosch, and other foreign-funded enterprises that have invested and built factories in Jiangcheng.

Of course, competition in certain areas is not ruled out.

I believe that our local enterprises do not engage in any form of exclusionary behavior.

We don’t engage in clique culture or target anyone in particular.

On the contrary, there are many things we can learn from foreign-funded enterprises.

The mayor just said that our ultimate goal is to revitalize Jiangcheng's economy and expand import and export trade. This is my opinion as well.

I would like to share this with all the foreign investment representatives here.

In addition to business dealings, we also get together more often after coming down to exchange and learn from each other.”

There was warm applause.

Holly's words awakened all foreign-funded enterprises.

It is not advisable to rely on the policy advantages gained from foreign investment to engage in vicious competition with local enterprises. Only complementarity and mutual benefit can go long-term.

After all, an industry cannot be supported by a single company.

Representatives of foreign-invested enterprises also expressed the view of harmonious coexistence and mutual benefit.

At this time, Kant, the president of Metro China, became a lonely man in the audience.

People around him suddenly stopped playing with him.

Not only that, his position as president is about to be removed.

(End of this chapter)