The wealthy entrepreneur: I want to support millions of employees!.
Chapter 1136 Favor from the Mountain City Government! Su Yang's Concerns!
Chapter 1136 Favor from the Mountain City Government! Su Yang's Concerns!
Wanlong Securities' performance in the first half of the year was, to everyone's surprise!
With a cumulative loss of over 20 million yuan in the first half of the year, it was the worst performing securities company among all those that released their semi-annual reports!
It's hard to imagine that Wanlong Securities, whose main business is located in the economically vibrant Pearl River Delta region of Guangdong Province, could still incur losses in the current active stock market.
This loss directly made Wanlong Securities one of the worst-performing securities firms in China, ranking among the top 100 securities firms.
Almost anyone can see that there are serious problems within Wanlong Securities!
Furthermore, given that Yuanshi Investment is already a shareholder of Wanlong Securities, and Longjiu Group is in cahoots with Yuanshi Investment, many ordinary investors hesitated in the face of this situation!
Wanlong Securities is valued at at least seven billion yuan; it's not something just anyone can take over!
Even if they manage to swallow it, can they really turn Wanlong Securities around?
This involves enormous risks!
The capital market reacted very quickly, with the share price of Wanlong Securities' parent company, Helin Shares, falling sharply!
Wang Helin felt somewhat helpless upon seeing the industry's reaction to Wanlong Securities' performance.
He didn't actually want to release the financial report, but what could he do when the parent company was a listed company?
Moreover, Wanlong Securities also has shares in state-owned enterprises, so it's impossible for him not to disclose it!
Just after Wanlong Securities released its financial report, Su Yang received calls from the chairmen of Longling Mining and Fengyuan Energy Investment, both asking if he was willing to acquire their shares.
Su Yang felt somewhat helpless about this, but he could understand it!
The shares of Wanlong Securities, a small securities firm, are indeed not that high-quality. If you want to get your money back through dividends, it will probably take forever. It would be more worthwhile to sell them all at once!
Unfortunately, the small number of shares held by this small securities firm are not easy to sell!
"Let me think about it!" Su Yang didn't agree immediately. "I'm also under a lot of financial pressure!"
The two chairmen expressed their understanding, but also said they looked forward to good news from Su Yang!
In the afternoon, Su Yang quickly received another phone call.
Upon seeing the caller ID, Su Yang immediately recognized the leader from the mountain city!
He had contact with Tiancheng Cola when he acquired it.
"Good leadership!"
"Mr. Su, I heard you're planning to acquire Wanlong Securities recently?"
"Yes!" Su Yang said with a smile, "You've heard about it?"
"Hmm!" The other person thought for a moment and asked, "We'd also like to invest and cooperate with you!"
Su Yang asked in surprise, "You have a securities company, right?"
"There's only one, which is far less than in Sichuan Province. We want more fresh blood in the financial industry. Most importantly, we have high hopes for you and hope to cooperate with you... Once you acquire Wanlong Securities, your financial industry system will be complete, right?"
"What kind of system is this?" Su Yang chuckled. "It's just small-scale stuff!"
"Small-scale operations? You don't know how to do small-scale business!" the other party said with a smile. "We can take a stake, but we don't need to hold a controlling stake. You still have control of the company's operations. We have great confidence in your abilities, and we can provide you with a lot of resources and assistance... We can discuss this further!"
The other party spoke very politely, so politely that Su Yang felt embarrassed to refuse!
However, Su Yang is no longer the same naive person he once was; he has rejected countless people over the years.
Even when offered an olive branch by the authorities, he remained remarkably calm!
"Well..." Su Yang hesitated, "Could you give me some time to think about it? After all, this is my first time in the securities industry, and it wouldn't be good if you lost money!"
"You're too modest!" the other person said with a smile. "But I can understand. Think it over seriously. Anyway, we have high hopes for you... If it weren't for you, we definitely wouldn't have considered it. Even those performance-obsessed people at Wanlong Securities would shake their heads in disapproval!"
"Ok!"
After hanging up the phone, Su Yang took a deep breath.
If the Chongqing government invests, it will be equivalent to having a credibility endorsement, a "golden seal," which will definitely be extremely beneficial to the development of Wanlong Securities.
Those who commit financial fraud often lie by claiming that their company is government-backed, which shows how effective this claim is.
If the government invests in a company, it can enjoy many preferential treatments and resources, and can participate in many government projects, such as underwriting local government bonds, participating in the restructuring of government enterprises, and managing social security funds.
You can also turn official companies into your own clients, which will allow you to gain more understanding and support in areas such as business approval, license application, and regulatory communication.
Linking with the local economy can also increase a company's ability to withstand risks!
The financial industry is inherently heavily regulated, so if the Chongqing government invests, it's like finding a powerful backer.
Of course, there are also downsides!
For example, government intervention can easily influence a company's operations, causing internal divisions. They may prefer a more stable development approach and their decision-making is more procedural.
They may not necessarily pursue maximum profit; they may be more inclined to serve local strategies, safeguard employment, and maintain stability. They might require the company to invest more resources in projects that are not highly profitable but can serve local small and medium-sized enterprises.
This is clearly not in line with Su Yang's style; he is a thorough radical!
He had some expectations before, when there were no powerful partners investing in him.
But now that someone with sufficient strength has arrived, he has begun to hesitate! Sitting in his office, Su Yang frowned.
In the afternoon, he returned home and had just lay down on the sofa, feeling troubled, when he received a call from Xiong Ting.
Without thinking much, he answered the phone.
"Brother, do you have time?"
A pleasant, cheerful voice came through the phone.
"what happened?"
"I'd like to visit your home and see my sister-in-law and nephew. Would you welcome me?"
"Of course you're welcome!"
Su Yang said with a smile.
I guess this person doesn't know that her sister-in-law has changed!
"But are you coming on the weekend? Should I send someone to pick you up?"
"I'm about to have summer vacation! Don't you care about your sister at all?" Xiong Ting said resentfully. "Sure enough, now that you have a sister-in-law, you've forgotten about your sister!"
"Uh……"
You're making it sound like we're very close!
"Haha!" Seeing that Su Yang was a little speechless, Xiong Ting said with a smile, "By the way, brother, can I learn at your company during the summer vacation?"
"How could you think of such a thing? Aren't you busy?"
"No rush," Professor Zhang said. "If you have time and opportunity, you can go to the company to learn more. Combining practice with textbooks makes it easier to integrate knowledge. Professor Zhang also said that the knowledge in school textbooks is somewhat detached from reality, and you can't learn real skills by just following the textbooks!"
Su Yang asked in confusion, "Professor Zhang Zhengxuan?"
"Yes!"
"You have a good relationship?"
"I'm currently visiting Professor Zhang's house... Hehe, I'm with Senior Xiao and other senior students!"
"Oh!" Su Yang thought for a moment and said, "Is Professor Zhang here?"
"Yes, he's in the kitchen! He said he's going to cook his specialty dish!"
"Give him the phone!" Su Yang said seriously. "There's something I need to ask him!"
He's not really good at dealing with government officials, but Professor Zhang is probably better at it.
Moreover, he is also a finance professional. Although he is an academic, his experience and knowledge should be better than Su Yang's!
Anyway, it's always good to listen to more opinions, and he doesn't have much contact with the people in Shancheng.
"Okay, I'll go find Professor Zhang right away!"
"Ok!"
Not long after, Su Yang heard Xiong Ting coughing, as if she was choked by cooking fumes.
Then he heard Professor Zhang's cheerful voice: "President Su, is there something you need from me?"
"There is indeed something I need to ask Professor Zhang!"
"What is it? Tell me!"
Professor Zhang became interested!
"Professor Zhang, I'm currently planning to acquire Wanlong Securities, aren't I?"
"Hmm! What's wrong? Is there a problem with the acquisition?"
Professor Zhang handed the spatula to Li Jiangtao, then walked out of the kitchen and quickly lit a cigarette for himself on the balcony.
"No, it's the Chongqing government that's interested in investing!"
"Oh, that's a good thing!" Professor Zhang said with a hint of surprise, but he quickly realized, "They do have a good eye!"
(End of this chapter)
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