Chapter 2196: You really dare to think
Jiang Xiaobai was also worried when he saw the information in his hand. He understood and supported the idea of Huaqing Electrical Appliances going out of China, but he suddenly acquired more than 400 stores.
It’s not that Huaqing Holdings Group can’t afford it, but the key to the matter is what to do after the acquisition is back.
What to do? The acquisition is in your hands, and the money spent must be converted into benefits. Isn’t it that you have acquired so many stores and then held them in your hands to lose money?
The funds needed for these more than 400 stores are not a small amount, and it may even be necessary to use the funds from Huaduo Bank to acquire them.
So you have to be cautious.
"So, let's discuss what to do now?" Jiang Xiaobai said.
"I think I can last for a while. Although Babaiban's bankruptcy was caused by Babaiban's improper management methods, and to a certain extent, it was affected by the financial crisis in the Southeast, it also proved the mistake of Babaiban's business model.
So now it is impossible for Babaiban to transfer all the stores."
Zhang Weiyi analyzed that everyone agrees with this statement.
Indeed, a giant like Eight Hundred Companions fell down with a bang. There are many questions here that are worth pondering and worth summarizing the experience and lessons.
So at this time, there are not only people who are able to take over such a big business, not only Jiang Xiaobai, but there are really no ones who dare to take over.
It's not another factor, it's just a fear of becoming a buyer.
"So I think if we wait a little longer, if the store in Babaiban's hands cannot be handled, the final result will definitely be split and sold. So as long as we wait a moment, I think this matter will be great for." Zhang Weiyi said with a smile.
Wang Chao nodded: "This is certain, but the key is how long it takes to wait. If it waits too long, it will be inappropriate.
In the end, it’s better to say that we set up our own store, so time is also money. If we delay too much and consume too much energy in this matter, it would be unprofitable."
What Wang Chao said is also the actual situation. After all, he has to consider it from the perspective of the company. The acquisition of Babaiban now is beneficial to the company, but if this matter is delayed for a long time, it will not be worth it for the company.
If the time is different, things may be different due to the company's considerations. This is normal.
Jiang Xiaobai nodded and signaled Wang Chao to continue, Wang Chao continued, "So I think this time is best controlled within one year, otherwise it would be inappropriate for us.
So if you wait at most, it will take one year at most. If you cannot give us a clear answer within this time point, you cannot succeed in the acquisition within two years.
Then I don't think it's any point after entering the millennium."
Jiang Xiaobai nodded. He remembered that the last acquisition case of Babaiban in his previous life was completed in the millennium.
It is true that the 800 companion thing seems to be worth a little money now, but in this era of rapid economic development, it can be said that it changes every day. It is now 1998, and it will take two or three years to the millennium.
In this process, those assets will continue to depreciate over time, becoming valuable, or not that valuable.
Just like the Fulihua Hotel in Xiangjiang now, when Fulihua Hotel first opened, its business was very popular, but it has been ineffective in recent years. The facilities, equipment, services, and layout are no longer up to date.
Therefore, after Lixin Development Company acquired it, it can only be upgraded and renovated.
"Okay, then it lasts for one year. You will continue to contact the Eight Hundred House Shopping Mall. This is a plan."
When Jiang Xiaobai said the first half of the sentence, everyone nodded, but in the second half of the sentence, everyone was stunned. This was a solution, and another.
"The other kind?" Jiang Xiaobai asked with a smile. This was also what everyone was curious about.
"The other way is, if Babaiban insists on transferring all four hundred stores, can we acquire it? If it comes, what is the use of it to us?
Can it be used and can it be supplemented with our company's industrial production capacity?" Jiang Xiaobai said.
Zhang Weiyi, Chu Peiping, Wang Chao and others were silent, but Li Jingwei looked shocked. Jiang Xiaobai was really considering how to acquire so many stores at once.
It has more than 400 stores and tens of thousands of employees in more than ten countries and regions around the world.
This is a huge multinational group. Although these more than 400 stores cannot be considered all of them in the Babaiban Group, Babaiban Group has other industries, such as clothes, shoes and hats, etc., to increase profits and reduce costs.
However, these more than 400 stores are the core and essence of Eight Hundred Companions, and are also the most valuable things of Eight Hundred Companions.
Jiang Xiaobai actually wanted to acquire the most essence of this Eight Hundred Companions.
"Mr. Jiang, are you saying true?" Wang Chao stood up from the sofa in surprise and said. If Jiang Xiaobai was really planning to acquire all the stores of Babaiban, then he would definitely get the stores he values.
There are no other surprises.
"What I said is true, but first of all, you have to think clearly. I know your Huaqing Electric Appliances wants to go abroad, but you also need to understand the cost of this acquisition case. Only with sufficient plans can the company take action." Jiang Xiaobai waved his hand and let Wang Chao sit down.
Wang Chao nodded, still with an excited look on his face: "Dr. Jiang, I understand, I understand, I actually considered this issue before."
Jiang Xiaobai looked at Wang Chao: "You guy has considered it, you really dare to think about it. How capable are you, and you still consider it. Can you consider it?"
Wang Chao said with a embarrassed smile: "Yes, yes, yes, not something I should consider, not something I should consider. This is something that Mr. Jiang should consider."
Jiang Xiaobai pointed at Wang Chao and shook his head helplessly. Zhang Weiyi and others also laughed. If they fully acquire Babaiban, this would of course be a big deal for Huaqing Holding Group, but it was just a big deal.
In recent years, Huaqing Holdings Group has done big things. If it is a small thing, Huaqing Holdings Group will not do it yet.
Even if Babaiban is a multinational company, it is just a bankrupt company.
Chapter completed!