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Chapter 1250 Is it worth it?(1/2)

Money is not omnipotent.

When Li Dong reaches the point where he has a net worth of over 100 billion yuan, sometimes it is ridiculous to talk about money.

However, even if you become the head of state, you must not ignore the money.

The head of state development and economic development are all necessary to talk about money.

Li Dong himself naturally does not lack money, but the development of the company still requires money.

Now, in order to acquire Gome, to develop online, to open up logistics and after-sales channels, to open up overseas markets, and to realize its big plan...

Without exception, all of these require money.

The Yuanfang Group, which is a billion-level, seems a little too weak at this moment.

According to statistics in November, Yuanfang Group's total assets are close to 200 billion, including liabilities and cash flow.

Among them, the liabilities of banks and other aspects were nearly 60 billion, and the payment for goods was misappropriated by far.

If this algorithm is followed, Yuanfang Group's total debt ratio will reach 40%.

If you do business in an industry, your debt ratio is so high, but it is actually not low.

Of course, the main industries of logistics and real estate have increased the debt ratio of Yuanfang.

In short, the most common saying I hear in the distance is: No money!

In less than five years, it has expanded, expanded, expanded again and again...

From the first store to open, with a total assets of one million to the current total assets of hundreds of billions, the span is not an ordinary big one.

It is precisely because of the speed that funds from afar cannot keep up with the pace.

Even though Li Dong raised money, loans, and financing everywhere, the funds still couldn't keep up.

In fact, the distance in the present situation can barely maintain balance in income and expenditure.

Supermarkets are beginning to make profits, logistics are also partly profitable, and the Internet industry is gradually beginning to make profits...

These profits are invested in the group's operations, and it is barely enough if they do not expand.

Of course, the Yuanfangcheng plan is still short of funds, but the money can be solved through loans.

According to Yuan Chengdao and his team's ideas, everyone should not worry about money until the end of the year.

No one expected that Li Dong would do something big just as he came back.

Take a stake in Gome!

If that were the case, more than one billion yuan of funds could actually be squeezed out from afar.

Before Li Dong came back, Yuan Chengdao and the others actually knew the news and began to prepare for the funds.

With less than 2 billion yuan of funds, they can be moved out from the Yuanfangcheng project or the supermarket.

But when Li Dong sent the others away and left Yuan Chengdao and others, he suddenly spoke: "Prepare 5 billion yuan for me first."

"5 billion!"

Yuan Chengdao and others looked at each other, and were stunned for a moment.

After a while, Sun Tao whispered: "Mr. Li, did you prepare for Gome?"

Li Dong nodded.

Sun Tao frowned slightly, then paused and said, "What do you mean is that 8% is not our bottom line, and we still have to hold it?"

Nowadays, we are no longer the store managers and managers of the past.

Sun Tao has experienced a lot over the years, and he knew his intentions and quickly guessed Li Dong's purpose.

If only 8% of the shares plus Gome’s online channels, the total investment is less than 2 billion, according to the plan given to them by Bai Su, 1.8 billion is enough.

Now Li Dong asked them to raise 5 billion yuan in funds, obviously not just for these things.

In front of the group president and vice president, there is no need to hide some plans. If even they can't believe it, the group will almost never be able to operate.

Li Dong took out a few cigarettes, and handed one by one, then said: "I declare to the public that we only need to operate online channels and offline, but that's relatively speaking.

I said a long time ago that small and medium-sized enterprises can ignore them, but giant enterprises must not let them go.

Especially, we have no outstanding branch in the home appliance industry.

Retail mainly includes department stores and home appliances. Nowadays, in terms of department stores, we have achieved the best. With online products, many things can be taken as they do.

But the home appliance industry is not good, and we currently don’t even have a store that specializes in home appliances.

With such strength, how can you become an industry leader by relying solely on the Internet?

Therefore, we must increase control in this regard.

If we want to increase control, we only have two ways to go, self-built and merger!

And build it yourself..."

Li Dong shook his head and sighed: "Building a self-owned store is too time-consuming and thankless.

When we chose to build our supermarkets on our own, there was nothing we could do. We had no foundation, so we could only do this.

However, in order to complete the national layout, we took five years and acquired several companies during this period, including Carrefour.

Even so, we still have not fully covered the western and northern regions.

This is a supermarket and home appliances. If we rely on ourselves, it will be another five years!

So, we only have one way left, mergers and acquisitions!

It is not possible to acquire ordinary companies. Today, domestic home appliance retailers are valued by Suning, Gome, Five Star, Best Buy, and Hongtu Sanpeng.

The last three companies are actually much weaker. Only Gome and Suning can truly create influence, shake and change the entire home appliance retail field.

A few months ago, I didn't actually plan to do this.

On the one hand, we don’t have this opportunity, and on the other hand, we don’t have this strength either.

Even when Huang Guangyu first entered, I didn’t consider acquiring Gome.

But not long ago, I saw the opportunity!"

Li Dong emphasized his tone. Before, his layout had been in the department store industry.

The opportunity he mentioned was the emergence of the Cheng family.

It was precisely because of knowing the existence of Fukang and the Cheng family that Li Dong began to have the idea of ​​Gome.

Otherwise, Li Dong might not have come to Gome at this time.

Cooperation is possible and holding shares is possible, but Li Dong would not think of controlling shares.

The 8% stake in Fukang has a great impact.

For a listed company, 8% of shares is enough to change many things, including changing Li Dong's decision.

So, before Li Dong went to the capital, after hearing Tan Yong talk about Cheng Gang, he had the idea of ​​acquiring Gome.

Sometimes, decisions are often made at that moment.

The acquisition of Gome is not only not in Yuan Chengdao and others' plans, but also in Li Dong's plans.

At that time, Qi Yunna talked about home appliances, including Li Dong, and all executives said that they would slow down, slow down.

But if you really see the opportunity and don’t seize it, you will be stupid.

If you slow down before, you don’t have that opportunity and have to slow down.

Now that there is, Li Dong certainly has to do everything he can to seize all of this.

"Merging and acquiring Gome?"

Sun Tao and his men's pupils shrank slightly!

They all know the rumors from the outside world, but they have always used them as a joke.

It is true that the cooperation between Far and Gome is done, and they even fantasized about swallowing Gome.

But everyone understands that it is impossible now.

So when rumors appeared online and experts started to analyze, Sun Tao and the others were actually jokes.

These people are really good at speaking alarmistly. Even we don’t have this plan. You just analyze that we are going to annex Gome?

Even they don’t believe it, which shows that the so-called experts are actually just scaring others.

Does Du Juan believe it?

There is no doubt that at least I don't believe it now.

Among Gome's shareholders and board of directors, Cheng Gang really believes that Li Donghui does this.

Even if Li Dong didn't say it, Cheng Gang never thought so.

Nowadays, no one in the entire business world except those who follow the crowd, thinks that Li Dong will now be thinking about annexing Gome.

Even if he had this idea, Li Dong might not have this plan within three to five years.

And now, what did Yuan Chengdao and the others hear?

Li Dong wants to acquire Gome!

Without questioning and vetoing as before, Li Dong has often turned it into a possibility in recent years. Everyone has been slapped in the face over and over again. Now everyone has learned to be smart.

Ask it clearly first, and then tell me if it is feasible.

Don’t subconsciously think it’s impossible before you ask, and then continue to be slapped in the face. The number of times you slapped in the face is too many, and it’s time for them to leave.
To be continued...
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