The morning meeting lasted until after eleven o'clock.

The others left one after another. When Li Dong went out, Sun Tao was waiting at the door.

Seeing Li Dong come out, Sun Tao smiled and said, "Go out to eat together?"

Li Dong nodded and said, "Let's go together."

The two went downstairs while chatting.

Li Dong and Sun Tao usually have a lot of meals at the company at noon, and they also have designated hotels.

After entering the hotel, the boss quickly smiled and said, "Mr. Li, Mr. Sun, is it still the same rule at noon?"

Li Dong nodded and entered the small private room with Sun Tao.

After sitting for a while, the boss walked in with a teapot in person, and said with a smile: "Mr. Li, Mr. Sun, Mao Feng, who had just arrived in Mingqian, try the taste?"

Li Dong nodded with a smile, and when the boss finished pouring the tea, he took a casual sip, and then said, "Good tea!"

The boss said a few words of humility happily. Although he understood that Li Dong was mostly polite, he still left the box with satisfaction.

As soon as he left, Li Dong talked about the important matter and said, "What do you think about the subsidiary?"

Sun Tao looked for Li Dong for this reason. Seeing Li Dong mention it himself, he thought for a while and said, "I feel like you are a little anxious."

"You don't agree?"

Sun Tao shook his head and said, "It's not that he doesn't agree, but he just thinks it's too fast. The mall has just been launched and has not made any profit yet, so the balance of revenue and expenditure cannot be maintained. Now, the disadvantages are more than the benefits of establishing a subsidiary."

Li Dong was not in a hurry and asked with a smile: "What do you say?"

Because he was not in the company, Sun Tao did not hide it and said directly: "I will just say two points. First, if Yuanfang Mall is split and financially independent, will Yuanfang's investment in the mall change?"

Li Dong thought for a while and said, "It shouldn't be, maybe I will increase my investment."

Sun Tao frowned and said disagreeingly: "If this is the case, then what's the point of establishing a subsidiary? Investment is not short of money, and no profit can be made in the short term. Establishing a separate team will only increase expenses."

Li Dong smiled and said, "It's mainly to avoid risks."

"Risk Avoid? Do you think the mall has a big risk?"

"It's hard to say, after all, it's an Internet industry, and I don't really understand it. I have studied many Internet companies during this period, and at the last moment, it's almost inevitable to go public, so I want to split it out in advance to save the trouble in the future."

Sun Tao thought about Li Dong's meaning carefully and after a long time, he was surprised and said: "Do you want to go public independently? Where is the Yuanfang Supermarket!"

In the eyes of senior executives, going public is almost an inevitable move.

Generally, companies will operate and go public when they reach a certain level.

Sun Tao has always thought so before, thinking that when a certain time comes, Li Dong will definitely operate Yuanfang Supermarket to go public.

But now, from what Li Dong meant, it seemed that the mall was to be listed independently, while Yuanfang Supermarket's parent company still maintained its own operation.

Li Dongman thought casually: "I am not going to go public in Yuanfang Supermarket. At least so far, I don't have this idea. What do you think?"

Sun Tao didn't know what to say for a moment, but Li Dong suddenly said this today, which made him a little at a loss.

After a long silence, Sun Tao whispered: "Then let's not talk about this for now. I still have a little doubt. How will the management team decide after establishing a subsidiary?"

"I haven't decided yet, and it's not a short time to split the mall. Let's talk about it then."

Sun Tao smiled bitterly, let’s talk about it then, what should I say?

Although the subsidiary is nominally under the jurisdiction of the parent company, it is actually very independent and has its own management.

Who is the management of the e-commerce department now? It’s Chen Qian. It’s fine that Chen Qian is in charge of a department in the company, so let her become the chairman of the subsidiary?

Sun Tao felt that this was unreliable. It was a bit difficult to hand over a developing company to Chen Qian for management.

But if it weren't for Chen Qian, it would be even more trouble.

The e-commerce department was almost built by Chen Qian. If someone else takes charge of it, what would Chen Qian think?

I worked hard to build the mall, but someone picked peaches. Who would be willing to do so?

So Sun Tao felt that it was inappropriate to split the mall at this stage. Li Dong could not give him a satisfactory answer when he said a few points.

After sighing softly, Sun Tao was helpless, but he didn't know what to say.

After a while, the dishes came.

Li Dong and Sun Tao did not drink, and continued to talk while eating.

After talking for a few words, Sun Tao raised a new topic and said: "Have you heard about Times Supermarket?"

“Which era?”

"Times Supermarket in southern Jiangsu."

Li Dong thought about it for a while before asking: "Are you talking about what Times is preparing to sell?"

"Well, recently, China Resources, Wumart, and Lianhua are all constantly in contact with the management of Times and want to complete mergers and acquisitions. Once Times is acquired, we may be in some trouble in the future."

The Times in Southern Jiangsu and Suguo are both leaders in the retail industry, and Suguo has been acquired by China Resources.

If the times are acquired by China Resources again, then Southern Jiangsu will be operated by China Resources into an iron bucket.

The strategic goal in the distance is also the southern Jiangsu region. Entering the Jiangsu, Henan and Shandong region is the established goal in the distance. If the southern Jiangsu retail industry is unified at this time, there will be almost no living space in the distance.

If it is acquired by the other two companies, the situation in the distance will not be much better.

Wumart mainly operates the Beijing-Tianjin area. Once it opens up southern Jiangsu, it will complete strategic expansion and even opens to the market in Jiangbei.

At present, the best result is that the Times were acquired by Lianhua, which is probably the least threat to the distant places.

Li Dong pondered for a moment and recalled the memories in his mind.

He didn't have much impression of Times Supermarket. After all, he didn't go out much in Jiangbei in his previous life, and did not know much about the retail industry in other regions.

However, one thing Li Dong remembers clearly is that the last era was not acquired by any of these three companies.

Moreover, Times Supermarket has not yet been launched yet. Li Dong vaguely remembers that Times Supermarket seems to be launched in the second half of next year, and it was finally acquired by Lotte Mart after it was launched for a while.

In the early stage, Wumart should have taken the upper hand, and it has even announced that it has invested in acquiring half of Time's shares.

However, it was probably the government's investigation that Wumart Commercial was suspended for a long time, which led to the inability to pay the acquisition funds and was finally forced to stop acquiring Times Supermarket.

Thinking of this, Li Dong didn't take it seriously and said, "It has nothing to do with us when I let them go and play."

Seeing this, Sun Tao said, "How can it be okay? Isn't Yuanfang ready to enter southern Jiangsu? Mergers and acquisitions are now popular. If we can take over Times Supermarket, then Jiangsu's strategic layout will be completed by more than half."

Li Dong almost choked to death by food!

After coughing for a while, Li Dong looked at Sun Tao in surprise and said, "Are you sure you are not drunk?"

Sun Tao smiled dryly and said, "I'm sure I'm very sober."

"Then do you know how much Times Supermarket is now worth?"

"It's about two billion."

Li Dong said angrily: "Then you still say you are not drunk? I think you are drunk. We are not as good as the times in the distance. You asked me to swallow the big ones with a small one, but I thought it was quite beautiful."

If possible, Li Dong would naturally be happy to acquire Times.

Times Supermarket not only has a layout in southern Jiangsu, but also has an industrial layout in Henan, Shandong Province.

Once the times can be won, the distance will be a leap forward, breaking through from Jiangbei to the entire East China field in one fell swoop.

Now the retail industry in East China is dominated by China Resources, and other supermarkets and stores can only be under their jurisdiction, and the distance is no exception.

Li Dong's biggest competitor in East China is the China Resources Group, especially its subsidiary Su Guo, which is a stumbling block for the long-distance entry into southern Jiangsu.

Li Dong’s idea was to take it step by step, and with the influence of the mall, he slowly erodes it.

Now these old retail companies have not paid attention to online yet. Li Dong's idea is to take advantage of the influence of the Far East Mall to slowly erode the younger generation's customer base. There should be no big conflict with the China Resources Group in a short period of time.

In addition, China Resources is not the only one, and others are happy to see themselves touching the tiger's butt, and Li Dong is not afraid of being collectively suppressed by the industry.

But it all takes time. Although Li Dong and Shen Qian said that they are domineering, in fact, he is not very sure.

Even if we can eventually leave Jiangbei, the East China region will not be the turn of a far-reaching dominance in a short period of time.

If Li Dong wants to surpass the influence of China Resources in East China, he doesn’t know how long it will take. Maybe he will never see hope in his life, and that is not impossible.

Rebirth is not omnipotent. He can lead the right path in the far direction, but he cannot guarantee that he will be invincible in the distance.

However, when Sun Tao mentioned this, Li Dong seemed to feel a little hope and a very contradictory feeling.

After thinking for a while, before Sun Tao could speak, Li Dong said again: "The era of mergers and acquisitions is indeed a good move. Since you said that, do you have any ideas?"

Sun Tao touched his nose and said a little embarrassedly: "No, but I think I can give it a try."

"How to try it? It's useless to say that these are useless without money. What we need to do is a full acquisition, otherwise it will be a troublesome restructuring. The full acquisition will definitely have a premium, and two billion is not necessarily enough. At least two billion yuan must be prepared, and cash acquisitions must be a cash acquisition. Why do you think we should make the times's idea?"

Sun Tao squeezed at Li Dong and whispered: "Mr. Shen!"

"screw you!"

Li Dong said angrily: "I think you are really drunk. More than 2 billion yuan can Shen Qian decide?"

Sun Tao chuckled and said, "Don't Secretary Du want to see the era of annexation in the distance? This is because Jiangbei's local enterprises invaded southern Jiangsu. Jiangbei and southern Jiangsu have been old rivals for so many years. If we can annex the era, Secretary Du's face will be light, right?"

Li Dong curled his lips and said, "I think it's so beautiful. You're making a fortune by yourself and treating Secretary Du as a fool."

If it is 100 million or 200 million, Secretary Du may help the distance in order to attack his opponent.

Two or three billion yuan, this fund is too big. Unless Li Dong is his own son, or even a son-in-law, Lao Du has not yet gone crazy to that point. (To be continued.)
Chapter completed!