Chapter 467 Splitting and Merging [1]
The friendly visit of the First Aircraft Carrier fleet in Chile is not just a visit. It will also conduct a joint military exercise with the Chilean Navy. At that time, the defense ministers of many countries in South America will be invited to visit. Even Kasanovic, president of the Military Equipment Manufacturing Group, which had arrived in South America at this time, is also active, hoping to take advantage of this friendly visit to sell a batch of his most introductory seal-class frigates.
Now the seal-class frigates have fully possessed the ability to manufacture independently. Even without the help of the advanced technology in the apocalypse, the military equipment manufacturing group and the shipbuilding base jointly developed their first seal-class frigate.
Although the overall performance is slightly worse than that of your own, if you don't use it, it is still quite good for export.
After the investigation of Xiaojintong Shoes, he had secretly placed two orders with the Military Equipment Manufacturing Group. It was not that he didn't want to place more, but that this thing was indeed not cheap. Even though North Korea's economy achieved rapid growth with Ji Feng's entry, it was not easy to get so much money, especially since he had ordered a batch of fighter jets and other equipment before.
Because this is the result of the short-term completion of the research and there is no large amount of promotion yet, Kasanovic intends to take advantage of the joint military exercises of the First Aircraft Carrier Formation in South America to sell this alone frigate.
Although seal-class frigates are divided according to the level of frigates in their own hands, their main battleships are not as good as seal-class frigates in many other countries. Even if they buy them back and use them as main battleships, it is completely fine. Whether it is offense or defense, seal-class frigates can bring them huge surprises.
However, these things are not what Ji Feng cares about for the time being, because Ji Feng is gathering with the leaders of several major companies to check their merger and split proposals.
In addition to Jeju Hotel and Catering Group President Ding Zhongming, the president of Lotte Group, is Joo Shigemitsu, who has been busy on Jeju Island recently. This guy with half-South Korean bloodline and half-South Korean bloodline is the second man of Takeo Shigemitsu, the founder of Lotte Group. Originally, he was the president of Lotte Group. The president of Lotte headquarters (Nihong) was his brother. However, because he is more obedient and flexible, he has outstanding ideas in corporate development and maintaining growth, so he has been deeply trusted by Ji Feng. With his support, he squeezed out his half-brother, Xin Yingzi, the president of Lotte Department Store, who was competing with him this spring, and became the president of Lotte Group (Nihong).
The first thing he did after he took office was to announce that Lotte Group would move its headquarters to Jeju Island as soon as possible, especially after Ji Feng's two ownership agreements, this matter has greatly accelerated its progress.
Now the headquarters of Lotte Group has basically achieved smooth migration, including as many as thousands of employees from the core research institute affiliated to the headquarters and other important departments. They have arrived in Jeju Island and are working again in a new place.
"Two, I basically have no objection to your plan, but the specific matters need to be discussed at the summit and listen to everyone's opinions. President Ding, do you have no objection?"
"The boss is right, this is right, I have no objection." Even if Ding Zhongming had an objection, how could he dare to propose it in front of Ji Feng, let alone in the small conference room of this office building dedicated to Ji Feng, which is also sitting at this time, Jin Tonghao, Spark, and Li Xiumei.
In addition to the integration of resources, the adjustments of several major enterprises also convey a signal to these people that the functions of some government departments they had previously assumed will be deprived in the near future. Although they still belong to the Island Lord's Mansion or are under the jurisdiction of the Island Lord's Mansion, the future business rules will be decided by new government agencies, rather than what they want, just report to Ji Feng and obtain his approval.
Although doing this makes them a little sad, after all, some power is gone and there are more managers on their heads, they are not unacceptable. After all, enterprises in various countries are the same, not to mention that Ji Feng originally planned to be based on business and tourism. The influence of major enterprises in government agencies in the future will not be reduced too much, but the form has changed.
The Ji Summit will not be cancelled, it will be another level of decision-making body in administration, legislation and justice, which will help Ji Feng make decisions on many domestic and international events, giving Ji Feng more time to do what he thought of.
Ji Feng never remembered his original purpose. He just wanted to be a free island owner and throw all other big and small things to the people below to make decisions. He just needs to check the strategy himself. He will be able to practice better in the rest of the time and explore in various channels.
This time, the separation step is still very big. Among Jifeng Holdings or sole proprietorship companies, there are indeed several companies that are so large that they are a bit bloated. It is really time to not split or unconsolidate. The key is that many groups' businesses overlap. It is better to directly take out these overlapping projects and merge them into another enterprise group to develop alone.
As for the split, the equity and cash transactions involved in the merger process, most of them are directed at Ji Feng's left and right hands, and not many need to be paid to other shareholders. Moreover, according to the intention survey, most of these shareholders choose equity, and too little cash is chosen.
After all, no one is a fool, and in the past two or three years, they have indeed made a lot of money with Ji Feng. At this time, only fools will ask for cash.
First of all, the first thing that needs to be split and separated is the existing Jeju Bank.
As Ji Feng's wholly owned private bank, Jeju Bank also exercises the functions of central banks in other countries, not to mention the insurance and securities are all under its smelting. This has to be said to be a bit too large. Moreover, many of Ji Feng's assets in other countries are under custody by Jeju Bank. The number of these companies has increased as time goes by, and the scale of assets is getting bigger and bigger.
It is no exaggeration to say that Jeju Bank today can definitely rank like a giant in the top ten in the world. The total assets it owns have exceeded 1.5 trillion Jinan. In addition to Ji Feng's other countries' assets, the largest part of these assets actually comes from private territory.
As the only bank in the private territory, Jeju Bank takes over all financial businesses in its territory, which can be said to have completely monopolized all financial and different businesses in its private territory.
Although Jeju Bank's services and efficiency are quite good, this monopoly behavior has been criticized by the islanders, especially as more and more people from all over the world in the private territory, many of them have obtained two-year or five-year green cards. Some foreigners are talents needed by various groups, and their whole family immigrated to the private territory, from the gathering of ideas from all aspects of the east, west, north and south, and sparks that have been brought into Ji Feng's attention.
Asian islanders do not dare to criticize Ji Feng as the island owner, but immigrants from Europe and America are used to being free and free. They are not afraid of criticizing Ji Feng to cause trouble. Moreover, the speech on the island has always been free. Even if it is applied for rallies and marches, they can usually be approved, even if these parades are the introduction of some policies that criticize Ji Feng.
In fact, Ji Feng also knows the disadvantages of monopoly. Even if the company is completely sole proprietorship, as the private territory becomes larger and larger, the scale of the enterprise becomes larger and larger, and the organization becomes bloated, it will also cause problems such as slackness and corruption among employees. Compared with other markets that have competition, it is obvious that monopoly cannot be carried out for a long time. What's more, Ji Feng does not intend to monopolize an industry by one enterprise in the private territory for a long time, so necessary market-oriented competition is still necessary.
Therefore, the existing Jeju Bank will be divided into Jeju Bank, Sabah Bank, Kara Bank, insurance business, Jeju Insurance, Sabah Insurance, Kara Insurance, and Jeju Securities, Sabah Securities, and Kara Securities in the securities business.
And they operate across the provinces. At the same time, Ji Feng has urged the Legislative Yuan to begin drafting the Securities Economic Person Law and the Insurance Economic Person Law. These two different bills will be introduced and implemented in the first quarter of next year. At that time, the Ji Summit will decide on the establishment of stock exchanges in private territory.
After the establishment of its own stock exchange, except for the core Jeju Bank, Sabah Bank, Kara Bank and the three major insurance companies will all be listed. The island owner's office will only retain no less than 51 controlling stake in the hands of the island's owner, and the rest will be owned by the islanders on the island, and the bank's stocks will be subject to foreign transactions.
The most core Jeju Bank is still the largest bank, and it still exercises the rights of the central bank. The overseas banking business it has previously carried out is still retained in this sole proprietorship of Ji Feng. Lotte Group's Lotte Credit Card will also be separated from Lotte Group and placed in Jeju Bank.
The insurance industry will also shine. Although the difference between the three major insurance companies after the separation is almost not too big, Cara Insurance will obtain the Tuolu Insurance, which was spun off from the Fiat Group, making it instantly the leader of the three major insurance companies. (To be continued. Please search for Astronomy, novels are better, updated and faster!)
Chapter completed!