Chapter 2167 2169【Ba She Tun Xiang】


    “You introduced me to your elder brother, helped me complete this acquisition, and made great contributions. In fact, three hundred thousand is considered a small amount.” Chen Taotao smiled and said, “It’s a pity that I only helped you get so much.”


    "Okay, thank you." Fang Ting said happily, "It''s great to work with you, the boss. I wonder if you will continue to hire me?"


    “I’m afraid I won’t be able to afford you in the future.” After hearing this, Chen Taotao smiled and waved his hand.


    “Why?” Fang Ting asked puzzledly.


    “Because I want to leave Tongbao Bank.” Chen Taotao explained.


    "You want to leave Tongbao Bank? Hasn''t the president been arrested? You will be promoted to chief vice president soon, why don''t you choose to stay?" Xiang Nan asked.


    ?As Xiang Nan said before, the president of Tongbao Bank''s securities department did accept bribes from Chen Wanxian, so he deliberately intercepted Chen Taotao''s funds and provided Chen Wanxian with a large loan, so he had enough confidence to fight with Chen Taotao.


    ?Now that the matter has been found out, the CEO was not only fired, but also arrested. In order to reward Chen Taotao, Tongbao Bank also decided to promote him to chief vice president, a position that was half higher than before.


    "Tongbao not only failed to help me when I was in the most difficult time, but instead stabbed me. I will never forgive them in my life. I am going to start my own business." Chen Taotao said with a smile, "American Tongbao betrayed me, and I will buy it sooner or later. "


    “It’s promising.” Xiang Nan smiled and said, “How much capital do you need to start a business? Maybe I can support you.”


    “Yes, I’ll give you the 300,000 yuan, can you count me as a shareholder?” Fang Ting said with a smile.


    Upon hearing this, Chen Taotao smiled and nodded.


    …


    ?Subsequently, with Chen Taotao''s matchmaking and strong recommendation, Xiang Nan successfully acquired seven listed companies owned by Chen Wanxian at a price of HK$1.8 billion.


    ?However, his shareholding in each company is only 25%, which are relatively dangerous figures. Once someone is sniped, it is very likely to be dangerous.


    Still, this is still a very worthwhile business for Xiang Nan. After all, 1.8 billion makes 7 billion. Such a good deal is not something you often come across.


    So he took a risk and took over these seven listed companies in one fell swoop and became the chairman of the Wanbang Department.


    Xiang Nan became famous overnight because of this, and became the hottest young rich man in Hong Kong from an unknown person.


    First of all, it’s because he rose too fast. He was completely unknown in the business world before, but now he has become the chairman of the Wanbang Group, managing an industry worth nearly 10 billion Hong Kong dollars, in just a few days.


    ?Like a street beggar who suddenly wears a yellow robe and becomes the emperor, it is like a myth;


    Secondly, his origin is too mysterious. Because he rose so quickly, he quickly rose to power before people had time to get to know him, so his information is still blank.


    ?Who he is, why he was able to win the Wanbang clan, how he made his fortune, etc., are all still a mystery. The more mysterious it is, the more attention it naturally attracts.


    As a result, Xiang Nan became the most enthusiastically reported figure by many media in Hong Kong in November, which also made him famous and became a household name, known to all women and children.


    …


    ?However, Xiang Nan did not care about the outside world. After he took over the Wanbang Department, he began a series of reorganizations and integrations in order to strengthen his control over the company.


    Xiang Nan only holds 25% of the shares. Not to mention not holding a controlling stake, he is not even the largest shareholder. What''s more important is that he can sit in the chairman''s position now because of the support from Tongbao.


    But Tongbao supported him because of Chen Taotao''s recommendation. Now Chen Taotao is ready to resign. After resigning, he will soon lose influence in Tongbao. Therefore, if he does not complete the reorganization as soon as possible and strengthen his control, he may be kicked out.


    Xiang Nan inherited Chu Tiankuo’s financial investment experience. The reorganization and integration of listed companies is no stranger to him. There are many ready-made examples available, such as pyramid-style multi-layer holding chains.


    ? Pyramid shareholding structure means that the actual controller of the company forms a pyramid-like control chain through indirect shareholding to achieve control of the company.


    The company controller controls the first-level company, which then controls the second-level company, and so on, obtaining the final control over the target company through multiple levels of corporate control chains.


    The purpose of this is to control the most companies with the least capital.


    For example, Xiang Nan holds more than 50% of the shares of Meilidu, and then uses Meilidu to control Wanxing Real Estate. In this way, although he only holds 25% of Wanxing shares, he can still control Wanxing Real Estate.


    By analogy, after acquiring the last of seven listed companies, he only needs to spend less than 1% of his capital to control the entire company.


    Simply put, Xiang Nan held shares in the name of a holding company, and the company paid for the shares to make up for his own lack of funds.


    Xiangnan currently holds 25% of the shares in each company, making it impossible for each company to achieve control. In the future, pyramid-type holdings will be adopted. Although he still has so much capital, each company will have a controlling stake.


    ?In this way, he controlled 7 billion assets in one fell swoop with HKD 1.8 billion, and his net worth nearly tripled.


    Chen Taotao couldn''t help but admire Xiang Nan''s approach when he heard about it.


    Pyramid multi-layer holding is indeed the most suitable method for him now.


    "You hurry up the integration. When you complete the integration, I will officially resign." He said to Xiang Nan.


    Xiang Nan nodded, knowing that his relationship with Fang Ting was only one step away from breaking through the window paper. Therefore, Chen Taotao was naturally willing to help his uncle.


    …


    ??At the same time that Xiang Nan was taking over Chen Wanxian''s seven listed companies, Ding Xie had already taken Long Chengbang to visit most of the treasure island.


    From Taipei to Taichung, from Taichung to Tainan, and then from Tainan to Pingtung…


    Although the weather in Baodao in November was cool and humid, over time, the bodies of the two dogs still began to rot and deteriorate, emitting a strong stench.


    ??The key point is that there are clumps of maggots, which are white, fat, and gurgling, making Long Chengbang nauseous and giving him nightmares every night.


    “What do you want, I really have no money.” Long Chengbang said to Ding Xie.


    “You can be brave.” Ding Xie didn’t believe it. He drove the car to a fishing village in Hualien to look for Datou, who was injured by himself.


    Datou is Zhou Jisheng''s subordinate. Back then, Ding Xie ran away to Treasure Island and was penniless, so he went to Zhou Jisheng for help.


    ??Zhou Jisheng lost tens of millions of Hong Kong dollars because Ding Xie injured Fang Jinxin. He really wanted to kill him, so naturally he would not give him a penny and instead sent a big head to kill him.


    ??As a result, Ding Xie was so capable that he beat his head until his whole body was paralyzed, and he was imprisoned for twelve years. But Ding Xie never thought it was his fault.


    (End of this chapter)