typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 2596 Group Expansion

Many people are looking forward to Xiao Qi doing more for Ling Shuangshuang.

Thanks to the gossip news, many of them knew the net worth of Xiao Qi's wives, so they all felt that Mrs. Xiao from Baodao should receive similar treatment.

Anyway, Baodao is very wealthy. These people have nothing to do on weekdays, so it is reasonable for them to like gossip.

In fact, originally the acquisition and split of Dingxin Group was the first step.

As the most important asset Xiao Qi gave to Ling Shuangshuang, Weiquan Group has ushered in a huge expansion.

In fact, Weiquan Group suffered similar grievances to Uni-President Group during the controversy over waste oil and additives.

Because many of the materials they use are determined by the head office, they themselves have no authority over the procurement of raw materials.

I watched the milk I produced being thrown away in bottles on TV, I saw the food I produced being thrown away and destroyed in boxes, and I knew that there were many types of food in it that were innocently implicated.

, but they had no way to stop it.

Because people in Baodao have the habit and tradition of "sitting together" when it comes to this kind of food safety issue, not to mention that there are indeed problems with several foods of Weiquan Group.

In just a few days, the old brand Weiquan Group was in danger of being destroyed.

Since most of the employees of Weiquan Group are still under the previous system and management, they have never regarded themselves as people from Dingxin Group. Now that they are implicated, the stock price has plummeted, and the products are constantly being returned and claimed, they feel so useless.

Forget it.

They have already announced to the public that Weiquan Group hopes to break away from Dingxin Group and become an independent company, but the largest shareholding rights are still in the hands of Dingxin Group, so they have no way.

As soon as Xiao Qi acquired Dingxin Group, Weiquan Group immediately stopped making noises and happily waited for Xiao Qi to take over Weiquan Group and inject a large amount of capital to lead Weiquan Group out of trouble and embark on a new development path.

But unexpectedly, after going full circle, the officials on Baodao blocked Fairy Company back again, and most of the shares of Weiquan Group were transferred to a little-known Ling's Trust Company.

Then Weiquan Group was very disappointed. When the president of Ling's Trust, Deng Yuan, the former vice president of Baodao Taipei Bank, called them to the head office for a meeting, a group of managers could not cheer up.

Deng Yuan is a talented person with excellent academic performance. He is only 32 years old this year, but he has served as the vice president of Taipei Bank for 5 years. This shows how powerful he is.

Xiao Qi finally found many people to persuade him. Deng Yuancai finally nodded and changed his job and became the president of Ling Trust.

He is such a smart person, so of course he cannot fail to see the expressions of the people below him.

So he said without hesitation several measures that were about to be implemented.

First, after the share recovery is completed, Ling's Trust will inject US$500 million into Weiquan Group to help Weiquan Group expand its production scale and expand the scale of the supply chain it controls. It is best to control several more food production bases.

Only by keeping these raw materials in your own hands can you avoid this situation from happening again.

Second, Ling’s Trust will use 4 billion U.S. dollars in the next step to acquire three food companies, Hsu Fuji Food, Longfeng Group and Yonghe Soy Milk, and turn them into subsidiaries of Weiquan Group, and try their best to gain a leading position in the food industry.

Create more networks and join forces to become bigger and stronger together.

Third, all food companies under the Weiquan Group will give priority to cooperating with famlymart in Baodao, Thailand and later Malaysia, the Philippines and other countries. famlymart will give priority to the products of the food companies under the group, and famlymart will give priority to the products of the food companies under the group.

Lymart expects to open 30,000 stores in Baodao and Southeast Asia within three years.

"boom……"

The general manager, deputy general manager, director of the production department, etc. of Weiquan Group were all dumbfounded and looked at each other, thinking that they had heard wrongly.

But when everyone looked at Deng Yuan sitting on the stage, they immediately knew that they had heard correctly.

So they were so excited that they almost shouted.

Good guy!

This is called joy after suffering!

After such a sharp decline, the market value of Weiquan Group originally did not exceed 500 million US dollars. Now that Ling's Trust has invested another 500 million US dollars in it, it is equivalent to doubling the assets!

Moreover, after the 500 million funds come in, all of them will be used to expand the scale of production and expand the upstream raw material chain. This really makes a group of people unable to agree to more.

They suffered losses before. Wasn't it because they were unable to control the raw material chain?

Now that I have money and can control a lot of raw material bases, I feel even more assured about the safety of Weiquan Food.

The investment of 500 million US dollars is definitely not enough for you in mainland China, and it may not be able to make a splash, but if you consider that the island area is only 360,000 square kilometers, then 500 million US dollars is a lot, and it is completely enough for them to calmly deploy

.

If this were the case, it would not surprise the management of Weiquan Group too much.

Their bigger surprise comes from the second and third points.

Needless to say, Yonghe Soy Milk is just a chain store that sells soy milk and breakfast. The total market value may be one or two billion US dollars.

Longfeng Group is slightly larger, but it specializes in frozen food. There is some overlap with the frozen food business of Weiquan Group, but its market share is quite high, ranking behind Uni-President and Weiquan. Its market value is about US$300 million.

.

If Longfeng Group is merged, then in terms of frozen food, Weiquan Group will directly surpass Uni-President and become the largest frozen food overlord in Baodao.

These are nothing. The most important thing is that Hsu Fu Chi Food specializes in making sweets and pastries. It made its fortune in Baodao and then developed in the mainland. It is now listed in Singapore and has a market value of about 2.5 billion US dollars. It can be called a treasure.

The island is number one in this regard.

If it were included under its umbrella, Weiquan Group would be directly ranked second in Baodao in terms of candies, biscuits, snacks and other snacks, second only to the No. 1 giant Want Want.

Once the acquisition of the three companies is successful, then in terms of Baodao's food industry, Weiquan Group can be ranked at least in the top three. The first one is the super giant Unified Enterprise in Baodao's food industry, and the second one is the one mentioned above.

The puffed food giant Want Want Group.

From a food company on the verge of bankruptcy, it suddenly turned around and became a Baodao catering giant. What a surprise!

What's more, although the Weiquan Group is now implicated and product sales have decreased, the new owner has already thought of it for them, and the first step is to settle in famlymart.

Let’s not talk about anything else. Lymart has 2,500 stores in Baodao and more than 400 stores in Thailand. The total number is almost 3,000. With such a large retail terminal, you can sell 10 bottles of milk in one store every day.

, the total is 30,000 bottles of milk a day, which is equivalent to 20% of Weiquan’s daily output!

There are also various snacks, frozen foods, breads and cakes, etc. Together, they have actually increased the revenue of Weiquan Group by more than 20%!

And with the future expansion of familymart, Weiquan Group will also expand its business and sell things directly to Southeast Asia. What a huge market this is!



"When I left, they still looked distracted. They seemed to be shocked." Back in the luxurious suburban villa in Taibei, Deng Yuan respectfully reported to the beautiful woman sitting on the sofa.

Although the beauty in front of him was sweet and pretty, Deng Yuan did not dare to show any slightness because she was his boss lady Ling Shuangshuang.

There is also a woman in her thirties accompanying her. This is Ling Shuangshuang's confidant Wang Shuang, who is also the supervisor of Ling's Trust and has supervisory powers.

Deng Yuan still does the work on weekdays, but when it comes to big decisions, he has to report to Ling Shuangshuang first, and only after Ling Shuangshuang agrees can he use funds and strength.

However, Ling Shuangshuang said from the beginning that she did not know how to do business and just let Deng Yuan work hard.

Deng Yuan did not dare to bully the landlady for being an amateur, because the boss was the richest man in the world, and if he tried to enrich his own pockets, he might not end well.

Moreover, Ling's Trust also has complete regulatory regulations. Not only will Wang Shuang read the report once a month, Mario Law Firm and an internationally renowned accounting firm will cross-check the company's large and small affairs, accounts, etc. every six months.

Wait, this method is completely the practice of multinational companies. When used on Ling's trust, it is quite overkill.

But Deng Yuan knew that Xiao Qi used this method for all the companies owned by his wives in order to prevent professional managers from causing trouble.

This is not about trust or distrust, it is really a good way to prevent problems before they happen.

"Can you not be shocked? The assets of Weiquan Group alone will have expanded to about 5 billion US dollars, which has quadrupled from before!" Wang Shuang said with a smile.

"I always think it's too much." Ling Shuangshuang frowned.

"Madam, you can't look at it this way." Deng Yuan said, "Qi Shao is trying to build a huge food empire for you. If the scale is not enough, it will be easily squeezed out. According to the current development situation, Weiquan Group will at least

It can achieve a market value of 8 billion U.S. dollars, and Lymart's is at least 4 billion U.S. dollars, and the Taipei 101 building can also have 1 billion U.S. dollars, adding up to 13 billion U.S. dollars, so it will not lose to others, and it is suitable for you.

identity."

Ling Shuangshuang's cheeks turned red, but she didn't refute.

In fact, she felt sweet in her heart, because Xiao Qi thought so much for her, which proved that he loved her very much, which was more important than any wealth.

She was happy, and Wang Shuang here was equally happy.

I’m going to be rich!

The agent sister yelled in her heart. (To be continued.)

...


This chapter has been completed!
Previous Bookshelf directory Bookmark Next