New Year's Day is still two days away, and Tan Xiaotian received a call from Xiao Qiang.

"Mr. Tan, my father passed away and received your strong help. I still have some things I want to ask you for advice. I wonder if Tan has time?

I want to see you."

In the afternoon, the two met at a teahouse near Jiale Supermarket.

After the tea artist demonstrated the tea ceremony, he quietly left the private room, and only Tan Xiaotian and Xiao Qiang were left in the room.

Xiao Qiang first thanked him, and then went straight to the point, "Mr. Tan, I have two things I want to discuss with you.

After my father passed away, my mother was in poor health. My sister and I wanted to accompany her abroad for a comprehensive treatment, so..." Xiao Qiang glanced at Tan Xiaotian and said, "I want to end the domestic business."

The news was too sudden, and Tan Xiaotian was surprised.

Although Jiale Supermarket is not among the top in China, it is more than enough to rank in the top ten. Moreover, since 2006, Xiao Yongjun accepted Tan Xiaotian's suggestion and took the initiative to give up first-tier cities and specialize in third- and fourth-tier cities. After five years of development, Jiale Group's outlets are spread throughout the northern small cities and counties and towns. It is no exaggeration to say that as long as Xiao Qiang is not too boastful, Jiale Supermarket is a chicken that does not stop golden eggs.

"Why do you think this way?"

Tan Xiaotian seemed to have thought of something, and a layer of haze was covered with between his eyebrows.

"Mr. Tan, let's not hide it. A few days ago, a Sino-Japanese joint venture supermarket called Tadao Sato came to me and wanted to acquire Jiale in full, and the price offered was very attractive.

Another thing is that my sister and I are not businessmen. When we discussed it, we both felt that selling the supermarket was more worry-free."

Tan Xiaotian let out a long sigh. Sure enough, without external force, how could Xiao Qiang easily give up the Jiale Supermarket, which has been making money all the time.

"Brother Xiao, can you tell me about the purchase price offered by Tadao Sato?"

"Of course, this is the main reason why I came to discuss with President Tan. Please help me with an idea.

The purchase price given by Tadashi Sato is 8 billion."

"How many stores are there in Jiale Supermarket?"

"All large and small are counted, there are 293 companies in total."

Tan Xiaotian picked up the teacup and took a sip of tea.

The price of 8 billion does sound very attractive, and even compared with the size of Jiale, it feels like it is a big advantage.

"Brother Xiao, how profits have been in Jiale in the past few years?"

"Net profit has remained around 500 million in the past three years.

If we dial out the dividends to other shareholders, our Xiao family can get 60%.

Tan Xiaotian quickly estimated that it was 500 million yuan per year, which means that the Jiale Supermarket would have to continue operating for 16 years before it could earn 8 billion yuan. The Xiao family holds 60% of the shares of the Jiale Supermarket, and they can directly get 4.8 billion from Tadao Sato. For the Xiao brothers and sisters who don’t want to worry about the trouble, this money can make them and the descendants of the Xiao family enjoy endless wealth for several lifetimes.

Seeing that Tan Xiaotian had not spoken, Xiao Qiang picked up the teapot and filled him with tea.

"There is another thing. In addition to the Jiale Supermarket, I also plan to cash out some of the shares of the company that my father invested in the past few years, including Tan Zong's dewdrop fresh food. Of course, I also know that Tan Zong and my father did equity exchanges, it depends on what Tan Zong means. Cash is also fine, and it is fine to exchange shares again."

When Luzhu Fresh was first established, Tan Xiaotian exchanged Luzhu Fresh's shares with Jiale Supermarket in order to gain Xiao Yongjun's support, and the two parties held shares to form a strategic alliance.

Now that Xiao Yongjun has passed away, Xiao Qiang has no intention of operating, so it is better to exchange the shares for it.

Tan Xiaotian quickly tapped his finger on the desktop, "First solve the second thing, I suggest that Brother Xiao invite a professional accounting firm to estimate the value of the shares in his hand, so that it is more convenient to settle the settlement whether it is for me or other companies.

As for the shares of our two companies, I suggest redeem each other according to their current value. What do Brother Xiao think?”

"Tan Zhuan was still thoughtful, so I listened to Mr. Tan. When I turned around, I asked an accounting firm to come and value it."

“Say the first thing.

To be honest, since you are unwilling to manage it, it is also a good choice to accept Sato Takumi's acquisition, but my advice to you is not to sell it for the time being."

“Not selling?”

Xiao Qiang was a little confused, “Why?

Didn’t you say accepting an acquisition is a good choice?”

"Because, the Carre Supermarket is worth more money."

Who doesn't want to sell at a higher price?

After hearing Tan Xiaotian's words, Xiao Qiang was excited, "Mr. Tan, do you think the valuation of Jiale Supermarket is low?"

Tan Xiaotian nodded first, then shook his head again, which made Xiao Qiang confused, "Mr. Tan, what do you mean?"

"From the perspective of Carrey Supermarket, the purchase price of 8 billion is not low, but from the perspective of Tadao Sato, it takes advantage of it."

Xiao Qiang was even more confused.

"Brother Xiao, have you been to Sato Tadashi Supermarket?"

Xiao Qiang shook his head.

"Sato Tada Supermarket was jointly established by the island country's Sakamoto Group and the Chinese Yipin Group. It adopts the most advanced island country management system, which can save at least half of the labor costs. Moreover, their supply channels are all over the world, and the procurement costs and borrowing time for suppliers are better than that of Carrey Supermarket. As long as they take over Carrey, they can quickly reduce their expenditures. I briefly estimate that they can increase their profits by at least 15% to 20%.

"Will that make a profit of about 100 million more per year?"

Xiao Qiang exclaimed.

"This is just one of them. What's more important is that the layout of Jiale Supermarket in small third- and fourth-tier cities and counties is exactly what Tadao Sato needs. Once they successfully acquire it, they will save at least five years of layout time, so they will take advantage of it."

Xiao Qiang understood now, but he really didn't want to run the Jiale Supermarket himself. One reason was that he didn't want to worry about being affected, and the other was that he knew that he was not a business talent.

Tan Xiaotian thought for a while, "Since that's the case, why not hold a board meeting to see what the shareholders mean before making a decision."

Xiao Qiang agreed immediately.

The next day, all the shareholders of Jiale gathered together.

Tan Xiaotian saw two old acquaintances, Liang Wangniu and Wei Guangqing.

These two are Xiao Yongjun's old friends. When Jiale Supermarket was expanding, they helped them. Now they each own 7.5% of the shares.

There are also several relatives and friends of the Xiao family who account for 20% of the total share capital, and Tan Xiaotian holds 5% of the shares.

The 60% share capital structure of the Xiao family is like this. Xiao Yongjun’s wife has 15%, Xiao Qiang 30%, and Xiao Lan 15%.

The old lady of the Xiao family did not come and directly entrusted it to her children.

This is understandable. What’s the use of an elderly man over 70 years old and his husband has just died?

Xiao Qiang first reported to all shareholders about Sato Taku's acquisition of Jiale. The relatives and friends of the Xiao family were immediately happy. According to a valuation of 8 billion, the 20% shares were worth 1.6 billion yuan, and they suddenly became billionaires.
Chapter completed!