Winning the new financial era

Chapter 136 Investing in Hanzhou Securities
After waving away the graceful waitresses in cheongsams standing aside, Hu Gang finally got to the point and said seriously:

"What does Yida think about Hanzhou Securities?
You also give brother a confession!
If you are interested, Hantai will join forces with Ruixiang to clear all the shares of other minority shareholders. "

"I'm sure I'm interested! It's just this share... It's not interesting to hold it for ten or twenty points."

Zhang Yida shook the blue and white porcelain teacup in his hand, and the tea kept tumbling in the cup.

"In October last year, Hantai Group took control of Hanzhou Securities and currently holds 10% of the shares.

For the other 49%, Yangcheng Securities holds 39%, Fushun Finance Bureau, Liaoyang Finance Bureau, and TS State-owned Assets Supervision and Administration Commission together hold 10%.

This is my plan, the 49% shares will be divided between our two companies.

Ruixiang took 30% of it, and Hantai took the remaining 19%.

Yida, what do you think about Qisan's distribution plan? "

Wang Xiaojie threw out the plan he had discussed with Hu Gang long ago, and tried to test Zhang Yida.

"I personally don't have any opinion on Qisan's plan." Zhang Yida immediately changed the topic, frowned and said:

"It's mainly the board of directors, it's hard to explain.

The securities license is related to our next strategic layout. "

"Oh, what is the strategic layout? Is it convenient for us to gain insight?"

Hu Gang asked quietly.

"Touronghui Finance has covered several major fields such as Internet finance, banking, insurance, and funds. In terms of the number of users and traffic, we are not weaker than Dongfang Fortune at all.

In the next step, we plan to increase support for investment, financing, finance and economics, and supplement new financial sub-categories such as securities, futures, bonds, foreign exchange, etc., to fully cover the financial field.

With content operation as the core, it will become a comprehensive financial information comprehensive service solution provider. "

Zhang Yida outlined the strategic blueprint one by one, and Hu Gang and Wang Xiaojie's eyes lit up when they heard it.

"Make Investment Finance and Economics a software like Oriental Fortune, Flush, and Penguin's self-selected stocks?"

Hu Gang was a little puzzled, so he asked.

"It can be said that, but the function is richer than them."

Zhang Yida nodded. Hu Gang's understanding is correct. The focus is still on stocks, bonds, funds, wealth management and other business sectors.

Wang Xiaojie's heart moved. If Investment Ronghui Finance and Economics develops in this direction, there will be too many places where we can deepen cooperation with Hanzhou Securities.

So he praised:
"Ruixiang has users and traffic, and it is indeed a good move to develop in the direction of a financial portal."

He glanced at Hu Gang, and the latter gave him a look, so Wang Xiaojie smiled again and said:
"Yida, do you think this is okay?
Ruixiang takes 40% of the shares, and we take 60% of the shares. "

Wang Xiaojie also saw that it was profitable, so he made some concessions on the matter of buying shares.

But 40% shares are far from enough to satisfy Zhang Yida, Zhang Yida pondered for a while, and finally said:
"40% is fine. I will try my best to promote the cooperation between the two parties on the board of directors."

Hu Gang didn't want this answer, any request to the board of directors was nonsense.Hu Gang was heartbroken and said:

"Yida, do you think this is okay?
49% of the shares belong to Ruixiang, and we will help Ruixiang to lobby other shareholders to sell all their shares to you.

If Hanzhou Securities is not too important and it is related to Handing's whole industry chain strategy, we can give up the controlling shareholder to Ruixiang. "

"Brother Gang, this is serious. We Ruixiang will not get involved in your controlling shareholder status. Our business direction is still focused on Internet finance and financial technology.

For traditional finance, we just buy shares to occupy a hole. "

Zhang Yida interrupted Hu Gang's words and spoke righteously.

Hu Gang slapped his head and said:

"Yes, I was wrong.

Then let's get back to the matter of investing in shares!
Regarding the cooperation of Hantai Fund, isn’t everyone very happy to cooperate?
We are 51%, you 49%.

The money we earn together.

Yida, if you have no objection, let's make it so! "

"Okay! I have no objection. The successful example of Hantai Fund is the first, and I believe Hanzhou Securities will not be bad."

The corner of Zhang Yida's mouth raised slightly, quite unexpectedly, 49% of the shares did not expect to be acquired so easily.

Hu Gang and Wang Xiaojie are also very happy. Although they gave up 49% of Hanzhou Securities shares, as long as they reach an in-depth cooperation with Ruixiang, everything is worthwhile.

The performance of Hantai Fund is very good. After working with Rui Xiangcai for less than half a year, the management scale of Lingqianbao Monetary Fund has exceeded 100 billion.

In one fell swoop, Hantai Fund got rid of the position of the public fund at the bottom of the car, and advanced to the mid-stream position.

Both Hu Gang and Wang Xiaojie noticed these changes, so they naturally knew who was responsible for them.

The reason why the two of them happily agreed to give Ruixiang 49% of the shares is because they saw the power of Ruixiang's huge traffic.

They believe that if Hanzhou Securities can obtain the help of Touronghui Finance and Economics, it will not be too easy for the development of securities brokerage, securities account opening and other businesses.

Wang Xiaojie added:

"Let me continue to introduce you to Hanzhou Securities!"

Seeing Zhang Yida nodding his head, he continued:
"Hanzhou Securities Co., Ltd.'s business scope includes securities brokerage; securities investment consulting; securities investment fund agency sales; securities self-operation...

The operating income in 14 was 17777.92 million yuan, and the net profit was 2573.9 million yuan.

The total assets are 207255.4 million yuan, the total liabilities are 179055.3 million yuan, and the net assets are 2.82 million yuan..."

After listening to Wang Xiaojie's introduction, Zhang Yida had a general understanding of the operation of Hanzhou Securities, which was worse than he imagined. He asked:
"How much does this revenue and net assets rank among brokerages?"

"Ranking 115th, the performance is a bit poor. If it's not bad, it's not our turn to invest in it."

Wang Xiaojie shook his head and smiled, fearing that Zhang Yida would underestimate him, he added:
"The scale is a bit small, but although the sparrow is small, it has all the internal organs, and we have several large business scopes with securities licenses.

This year, after we have acquired the equity of other shareholders.

We went to apply for several other types of business licenses, including: securities underwriting and sponsorship, securities asset management, margin financing and securities lending, NEEQ market making, financial product agency sales, futures intermediary introduction business, etc.

From a single brokerage broker to a large comprehensive brokerage. "

"Well, I can rest assured that the two big brothers will handle things. When the time comes, we need to increase capital and share. Just let us know.

The full securities license must be obtained as soon as possible, otherwise the diversion effect of Touronghui Finance cannot be fully exerted.

Guarding the golden mountain, there is no way to dig it. "

Zhang Yida nodded in agreement and said that Hu Gang and Wang Xiaojie had great ambitions, so they bought Kyushu Securities and wanted to do full-license business.

This is in line with his wishes. There is a securities company under Dongfang Fortune.

Dongfang Wealth absorbs traffic, and securities companies carry cash, and a closed business loop is thus formed.

"We spent 3.6 million yuan to hold Hanzhou Securities. In other words, the valuation of Hanzhou Securities three months ago was about 7 million yuan.

Next, we will cooperate with you and try our best to take over the shares of other shareholders at this valuation. "

Hu Gang said to Zhang Yida.

"Okay, this price is no problem, Ruixiang can accept it."

Zhang Yida made some calculations in his mind. It was not expensive to buy the 3.5% shares held by other shareholders for about 49 million yuan, and it was very cost-effective.

I remember that at the beginning of 17 in the previous life, PetroChina spent 50 billion to acquire less than 11% of the shares of Hanzhou Securities.

In just two years, the valuation of Hanzhou Securities went from 7 million yuan to more than 400 billion yuan.

The two brothers Hu Gang and Wang Xiaojie are also amazing in financial skills.

……

After negotiating the shareholding of Hanzhou Securities, with the help of Hu Gang and Wang Xiaojie, Ruixiang successively acquired the 3.5% shares of Yangcheng Securities, Fushun Finance Bureau and other four institutions at a price of 49 million yuan, and became a The second largest shareholder of Hanzhou Securities.

On the side of Touronghui Finance and Economics, under Zhang Yida's order, they found a headhunting company and recruited many financial reporters and securities analysts in the industry to join them.

If Touronghui Finance wants to compete with platforms such as Dongfang Fortune, the amount and depth of content must keep up.

On the software side, the new APP of Touronghui Finance is also under urgent development.

The original Touronghui Finance APP does not have stock selection functions, and the new APP must add these functions.

After these things are dealt with, it is already late January, and the Chinese New Year will be over half a month away.

All the subsidiaries submitted their plans for the annual meeting, and Zhang Yida looked at them side by side.

Ruixiang wanted to invite celebrities to participate in the annual meeting, Zhang Yida thought about it, but still rejected it.

Ruixiang has recently spent a lot of money. It spent more than 8 million on the Spring Festival red envelope event, and another 3.5 million to invest in Hanzhou Securities. It is better to save some money and spend more on mobile payments!

Yimin Holdings Group saves a lot, and plans to invite a few comedians to perform at the annual meeting, and the price is very affordable, 10 yuan.

Zhang Yida thought that Yimin's annual meeting last year was quite shabby, but this year's business was doing well, so he signed and agreed.

Huimin Bicycle has been burning money, and it is also very budget-conscious. The budget reported to Zhang Yida for the annual meeting is 50.

Zhang Yida thought about it, and felt that it was still too little.Yimin Bicycle currently has more than 500 employees in the headquarters alone, with an annual meeting budget of 50 yuan, and the average per capita is less than 1000 yuan.

So with a wave of his hand, a budget of 150 million was approved.

Zhang Yida looked at the annual meeting budgets of Petnet and Dogford. One was 50 yuan and the other was 10 yuan.

Zhang Yida replied via email:

"In view of this year's excellent performance, a special budget of 150 million (30) is approved for the annual conference."

There are not many employees at Huayi Capital, only a few dozen people. Zhang Yida asked Lei Dongming to arrange it at will, whether it is traveling abroad or wanting to play other things, as long as the per capita budget is within 5.

Zhang Yida is very generous to his subsidiaries.

The employees have been busy for a year, so the annual meeting should be more grand and more rewards should be given.

Apart from not inviting celebrities, Ruixiang’s specifications are quite high. In addition to five-star hotels, Ruixiang also prepared various lucky draw gifts for the annual meeting, including cash, mobile phones, computers, stock options...

(End of this chapter)