Chapter 241 Annual Meeting of the Group Company
After Christmas, other leagues are on the quit period, so the British League should take the opportunity to play a few more games to attract more foreign fans' attention. Therefore, the schedules of various British teams around Christmas are still very close.
After the match against Bolton, Manchester City's next game was three days later, which was the first day of Christmas. There was still a day off for Christmas. Almost no time was left for the team to prepare. As the team's head coach, Wan Sheng's work is also quite busy.
He has been doing everything in preparation, transfers and some things about the team, even if he works 24 hours a day, he can't finish it.
While busy, Wansheng still took time to go to London to attend the year-end summary meeting of the investment company.
In the past 2006 years, Wansheng's investment company's scale has expanded greatly. It is no longer a small company with assets of tens of millions. At the beginning of the year, Wansheng formulated an annual strategic plan. He originally expected that the company's assets would expand five to six times, but he did not expect Kevin Tagore's exhibition to be better, and even achieved the maximum benefits he expected.
Thirteen times!
In 2oo6 years, the investment company's assets have expanded thirteen times!
In addition to the company's directly affiliated assets of more than 250 million euros, the financing scale has also reached 570 million yuan, and the total assets have exceeded 800 million euros!
In November, the investment company acquired Kevin Tagore's father's six chains in London, East, West Midlands and other regions for £3.5 million, and the registered full name also became Tagore Wan Investment Group.
This name was decided by Wansheng and Kevin Tagore for a long time.
Wansheng thought he had the most shares, so he thought that "Wansheng" was the best to name the company. Of course, Tagore's opinion was completely opposite. He believed that the company's name should be "Kevin Tagore". He also said that Wansheng's name was too strange in Europe and the United States. In the end, the two took a step back and named it with their last names together.
“Tagor Wan, Tagoor Wan, Tagoor Wan”
Wan Sheng has been reciting for a long time, and it is a bit catchy. It is a bit regretful that he didn't call "Wan Sheng". But "Tagor Wan" is not much different.
This time Wansheng came to London to attend the "year-end summary meeting" of Tagore Wan Investment Group Co., Ltd.
in the country, it is also called an annual meeting.
After a series of exhibitions, financing and expansion, and the chain market acquisition completed in November, the scale of Tagorevan Investment Group Co., Ltd. has become quite large.
Especially in November, the acquisition was completed. Several chain markets were merged into it, and the number of employees under the group company increased a lot. Before November, there were only a few employees of the group company, and now there were 40 executives alone. For a large company with assets of hundreds of millions, 40 employees are not many, but think about the fact that more than 90% of the company's capital is in the US stock market, there are more than 40 employees.
Wansheng is the last one to come.
It’s not that Wan Sheng was interested in coming late, but mainly because he was too busy with work and he didn’t have much leisure at all.
The company's employees are also very interested in this mysterious "boss". Some of them have been in the company for two years. The only thing they know is that the company's eO and chairman is Kevin Tagore. But Kevin Tagore is only the second largest shareholder of the company. They don't know who the first largest shareholder is.
The employees who have been in the company for two years are not clear about it, let alone those who have just joined the company.
They all think that Kevin Tagore is the top leader of the company, but they didn't expect that before attending the year-end meeting, some people said that there would be big names coming.
Who is this big shot?
Could it be the legendary "first shareholder"?
Before Wansheng arrived, almost everyone who didn't know was talking about it until Kevin Tagore stood up and applauded and shouted, "Let's welcome. Chairman of the Group Company."
"Mr. Wansheng!"
Everyone in the venue stood up and applauded and welcomed each other. At this time, they were still a little confused. "Wan Sheng? Why does this name sound so familiar?"
When Wansheng walked into the venue, they were a little confused.
Isn’t this the head coach of Manchester City Club, the young and famous Chinese coach? How did he become the chairman of the group company?
Someone soon realized it.
Mr. Kevin Tagore, a group company, also has a job as an agent. He has several famous stars and coaches under him, and Wansheng is the most famous person under him. It is not surprising that Wansheng, the largest shareholder of the group company, is Wansheng. Think about the company's exhibition process for several years, and it is almost a span of the exhibition every year. Then, the biggest investor at the beginning was Wansheng, which is not surprising at all.
They accepted it with ease.
Some employees were still very surprised. After all, the chairman was someone he knew and a famous person. He was always much better than facing a stranger.
As everyone was watching, Wan Sheng walked to the main seat and sat down.
Everyone looked at him.
Wansheng glanced at each other, and there were very familiar people among them, including uncle Wan Baoming, Kevin Tagore, Emil Rik and Sfelt, who were sitting at Wan Baoming, who also knew each other. Most of the others had strange faces, and most of them had never seen them.
But it doesn't matter, they are all their own employees now.
Compared with the news conference, sitting here is completely different. When facing the media, you have to worry about how to deal with these guys, but here you have a very relaxed feeling, because everyone else can be said to be their own employees and have the right to decide their jobs.
As the saying goes, what men need most is ‘right’ and ‘money’.
Most of the time, "money" is just a number for Wansheng. He doesn't need to use money, so he doesn't feel the feeling of having much money. But now he has experienced "right", and the feeling is really wonderful, and people can't help but immerse themselves in it.
Wan Sheng glanced at Kevin Tagore.
No wonder this guy always likes to stay in London. It turns out that the feeling of being the "boss" here is so beautiful, and once he arrives in Manchester, he becomes the "second".
The second
Wan Sheng almost burst into laughter, but fortunately he held it back, so the expression on his face turned into a kind smile. In this way, the feeling of depression given by his eyes just now disappeared, and everyone relaxed a lot.
Finally, Wan Sheng spoke. He first summarized last year's performance and praised the company's exhibition for its outstanding performance in the past year."
“Thirteen times, it’s hard to imagine.”
"I remember last Christmas, Kevin and I were still arguing about how the company achieved assets across 100 million yuan. Then we developed a development strategy together, but the company's development was far beyond expectations."
"But here, I must remind everyone that capital is not the faster the expansion, the better. The greater the capital, the greater the risk. In the next year, we still need to expand through membership financing. This will not be too fast, but there will not be too much risk. We are a small company that has only been in development for a few years. The lack of foundation is the biggest problem, so our basic development strategy will not change in the next few years."
Many people were a little disappointed when they heard Wansheng's words.
If the expansion is carried out through normal financing, then the group company has made a very significant profit this year, and it is not a dream to expand several times in a short period of time. Those rich people in the UK have long been optimistic about the group company's development. They all hope that the group company can go public and then purchase a large number of shares for investment.
If a group company is listed on the London Stock Exchange or the New York Stock Exchange, it can be imagined that capital will definitely expand to a terrifying level in the short term.
This is what everyone is optimistic about.
Unfortunately, Wansheng has absolute persistence on this issue. More importantly, if the group company completes its listing, the shares he holds will shrink significantly and the group company's exhibition will be out of control.
This is unacceptable to Wansheng.
More importantly, he knew that next year there would be a financial crisis.
If the group company does not go public, the financial crisis will not have much impact. Listing is completely different, and the company's efficiency will be much lower, and even more serious it will even mean bankruptcy. Most of the assets of the group company are intangible. They are pure shares, and this intangible asset is most affected by the financial crisis.
In addition, the depreciation of the US dollar will become a major trend in the future, and the euro will be affected to a considerable extent. In the general environment, seeking listing in the United States and even European financial markets is definitely a very bad choice.
Wan Sheng attended the year-end meeting for this purpose.
He wants to make a long-term plan for the general direction of the group company's development. Of course, the specific content will only be told to the core members. This kind of year-end meeting is just to encourage employees. After all, many of them have just joined the group and they cannot hear important content.
After the year-end meeting, Wansheng and several core members stayed.
Everyone knows that the key points will be discussed next.
In addition to Wan Sheng and Kevin Tagore, several core members of the group company, in addition to Wan Sheng and Kevin Tagore, Wan Baoming, Emilrik and Sfelt also hold a small amount of shares. Although it is a small amount, compared with assets of over 100 million euros, even a 0.1% stake is worth hundreds of thousands of euros. What's more, the benefits of the group company are amazing. Many rich people in the UK want to buy a share for investment. It can be imagined that the real value of the shares they hold can only be higher.
It is precisely because everyone has shares in the company and their interests are directly linked to the company's benefits that they are trustworthy.
Wansheng looked at everyone and talked about the future exhibition strategy.
"The general direction is 'transfer of capital into China'!"
Wan Sheng set the general direction of the company's development in one sentence, "China has a large market. I think in the next ten years, China will have the best investment environment in the world. We should try our best to invest liquid capital into the Chinese market in the next year."
This is a general policy.
Wansheng sets this tone, and the most important thing is to deal with next year's financial crisis. If memory is not wrong, China will be the one who will suffer the least impact next year's financial crisis. It can be said that the country has almost not been affected much. If you invest capital in the country, you can escape this crisis.
In addition, Wansheng is also truly optimistic about domestic exhibitions.
Even if you do not invest in physical industries, the group company can put its funds on the Chinese stock market. The domestic stock market is very unstable, but Wan Sheng is very clear that there is a company that is absolutely bullish in the general direction, and the increase is quite large. It will not be a problem to rise several times or even dozens in the next few years, that is, Shenzhen’s Tencent Company.
In his previous life, Wansheng read an article on the stock market, which analyzed that the stock price increase of Tencent Company in more than ten years reached 10 times when it was listed in Hong Kong Securities in 204.
This number is quite amazing.
After Tencent went public in 2014, its revenue and net profit have maintained a high growth momentum. With the support of hundreds of millions of users of QQ software, peripheral games, Internet opening, later financial management, WeChat and other businesses have had extremely amazing performance. So it is not surprising that the corresponding stock price can achieve dozens or hundreds of times growth.
Therefore, if you put funds on stocks that are still in the next few years, you will definitely have significant returns.
In comparison, it is no longer necessary to keep funds in the US stock market.
First, the US stock market will be affected by the financial crisis next year. Even if the stock price can rise in two years, it will be completely wasted in the past two years. Second, the US dollar will definitely fall in the future, and all the funds will be US dollars, which means that capital will shrink significantly. Together, even if the individual stocks invested in rises, it may not necessarily mean that there is profit.
In addition, domestic investment can also bring more returns. For stocks alone, the rise in Tengxun's stock price is no worse than that of Apple, and the domestic investment risk is smaller, so capital transfer is very necessary.
If you want to keep the group company going fast, you must do this.
Only by constantly creating enough benefits can we give the ‘members’ who put their money in the group company more confidence, which is also very beneficial for increasing financing efforts in the future.
Therefore, Wansheng formulated the first strategy to sell New York Securities Company's stocks, transfer funds to the Hong Kong stock market, and try to acquire Tengxun Company's stocks as much as possible. According to the evaluation of insiders of the group company, Tengxun Company's stock market value is only US$100 million. If a normal acquisition is carried out, the group company can also eat at least three percent of the scattered shares.
This investment will also become a fixed investment in the next ten years and will not change any further.
If other assets are invested again, the operation of the real industry will be carried out.
Wansheng is optimistic about the domestic food and medical industries, and the development potential of these two industries is also the greatest. In this regard, he only needs to formulate a major direction. Kevin Tagore and others will do everything well. (To be continued.)
You can get the view after getting off the clouds.
Chapter completed!