"In fact, I also know that without external funds, if I develop Huamei Bank alone, the development will be very slow. After all, my main business is not in the banking industry, and I am not an American emperor. I personally agree with your shareholding.
In fact, before, the Chinese mainland government sent someone to discuss with me that it could consider purchasing some shares. Although I agreed, it was a pity that in the end, because China temporarily developed its own country and didn't have much money, it only took 15% of the shares, and the rest were in my hands.
I'll explain this situation to you when you come to buy shares this time, and I have signed an agreement with the mainland government. When China's economy goes up in the future, I will transfer some shares.
Therefore, Mr. Li, if you want to take a stake in Huamei, when the mainland government needs to take a stake, you have to agree to their conditions for taking a stake, otherwise I would rather let Huamei develop slowly. "
Hearing Lin Dexiang's words, Li Feng was immediately surprised. After hearing about Huamei bank in his previous life, it has been rumored that Huamei had a Chinese background. Unexpectedly, it really did.
Li Feng was very happy at this time. He was worried about how to enter the mainland market. Of course, Li Feng didn't want to let go of such an opportunity. He immediately smiled and responded happily.
……
Lin Dexiang was relieved to see Li Feng come down without thinking. He himself has been worried about capital recently. In recent years, he has invested and built factories in the mainland and will be shifting his focus. The group's capital is also a little tight. Lin Dexiang sold all the 25% shares Li Feng acquired this time.
Now that Li Feng has agreed to his request, he can get this $100 million cash, which has almost doubled the return on his investment a few years ago, and he still has so many shares in hand. With this capital, his main business can further develop in China, which is a great help to his enterprise.
At the same time, Li Feng also knew why he had not seen relevant personnel with Chinese background before. It turned out that it was because of his American identity and his attitude. In order to avoid suspicion, they left temporarily, and Lin Dexiang passed it on behalf of them.
At this time, Li Feng also understood why Lin Dexiang wanted to meet him. After all, it involves the power of national capital, so he couldn't help paying no attention to it.
This is a win-win. Li Feng got the opportunity to successfully control Huamei and enter the American banking industry. Lin Dexiang also found the urgently needed development funds. Similarly, the Chinese consortium also reached a tacit understanding with Li Fengda.
Finally, Li Feng paid US $300 million to get a total of 50% equity of Huamei, 10% Chinese capital, about 15% Lin Dexiang, about 10% shares of the management, and the remaining 15% is in the hands of several small shareholders.
Now that an agreement has been reached, it will naturally come into force soon. At the same time, Li Feng, Lin Dexiang and the Chinese consortium have also signed a private agreement to allow the Chinese consortium to take shares in the future.
……
In the next three days, Li Feng went to Huamei headquarters to work. Naturally, he was accompanied by several Wall Street financial professionals sent by bill Wilber, so that Li Feng could quickly understand the operation of the bank.
At the same time, we talked in detail with the management of the company, unified the basic development ideas, and Huamei was full of vitality. After all, the prospect promised by Li Feng was much more powerful than Huamei's slow development before.
Especially after Wu Jianmin received the $200 million capital injection from Li Feng three days later, he directly found Li Feng with a thick document and said that these were two American banks and the company wanted to buy them directly.
It turned out that this was the target that Wu Jianmin and the management wanted to acquire for a long time. They just had to make some preparations because they had no money before, so that they could acquire with funds in the future. This time, they took it out directly with Li Feng's capital injection authorization.
Moreover, M & A is Wu Jianmin's old business. Before becoming president of Huamei, he was responsible for Deloitte accounting firm's business in Asian customer investment and enterprise M & A.
After reading the documents, Li Feng agreed to Wu Jianmin's arrangement and found that Wu Jianmin was very interesting. The main businesses of these banks are near the Chinese community.
……
Unfortunately, because these banks were established by Lao Mei himself, they are not trusted by many Chinese Americans, resulting in the poor operation of these banks.
The total assets of such a community bank are in the hundreds of millions of dollars. If you really want to evaluate it, it is estimated that it can be purchased in the amount of 10 or 20 million dollars.
Acquiring these banks can quickly expand Huamei itself and establish Huamei's further position in Chinatown. Moreover, Huamei itself is a bank founded by Chinese Americans and has great advantages. Many Chinese Americans are willing to spend money in Huamei.
The quickest way to grow Huamei quickly is bank M & A. therefore, Li Feng will soon agree to Wu Jianmin's proposal.
One is called first central bank and the other is called American International Bank. The name sounds very tall. In fact, it is two small banks.
What Li Feng doesn't know is that both banks took the first step on the road of expansion after Huamei was listed on NASDAQ in 1999. In his previous life, it seems that Wu Jianmin had such an idea as early as 99 years ago.
Unfortunately, at that time, limited to the strength of Huamei itself, we had to wait. We waited for three years until we completed the NASDAQ listing in 1999 and got enough funds to start the expansion road.
In the following 10 years, it acquired 16 large and small banks in succession, and even staged the drama of small, broad and snake swallowing elephant several times, making Huamei a bright spring in the whole American banking industry and finally one of the top 30 banks in the United States, which also proves the ability of Wu Jianmin and his management.
……
At the same time, Li Feng also sent someone to contact Chen Heyuan of Dahua supermarket. Unexpectedly, Huamei bank is still the major shareholder of Dahua and owns 30% of Dahua's shares.
This also explains why almost every Dahua supermarket has Huamei bank. The two companies have such a close relationship.
However, once Li Feng calculates, he still has too few shares in Dahua. If Dahua can really develop in the mainland of China, Li Feng knows the market potential of the mainland of China, and large supermarkets are definitely a cash cow.
Finally, an agreement was reached. Dahua borrowed US $100 million from Huamei for development. At the same time, Li Feng injected US $100 million into Dahua in the name of the investment company. The shareholding of the investment company reached 30%, that of Huamei bank 30%, and that of Chen Heyuan himself 40%.
Yes, before Dahua, it was founded by Chen Heyuan himself. There were no shareholders except Huamei.
At the same time, leaving us $50 million for development outside the Chinese community supermarket in the United States, we will raise US $200 million to enter the Asian market and focus on the Chinese mainland market. At the same time, both Huamei and Dahua will set up an international affairs department and an Asian headquarters.
Naturally, among them, Li Feng's former investment company is headquartered in Asia. It is easy for the two shell companies to be established and wait for someone from here to start operation.
……
The investment of US $200 million at this time is definitely a big number in the mainland of China. In the mid-1990s, the Chinese government was still hoarding foreign exchange reserves, and Dahua invested directly in US dollars. For the mainland government, this is the best time to accumulate foreign exchange reserves.
Therefore, when the decision of Dahua supermarket was passed to the Chinese mainland government through the representatives of Chinese funded consortia on the side of Huamei bank, there was a response soon, saying that they were welcome to invest in the mainland.
Similarly, Li Feng, who came from his previous life, won three flavors. After a detailed discussion with Chen Heyuan, he decided to use this $200 million to leverage at least $1 billion for development. This is the way of rapid development.
Finally, Chen Heyuan decided to visit China in person. Dahua's decision is Li Feng's idea. First, it will develop in those big cities and first tier cities in China. A few years later, Dahua will start to develop towards second and third tier cities.
Finally, considering the domestic enterprise system, Dahua (Huaxia) company will be established, and its headquarters will be located in Mingzhu City, the economic center of Huaxia.
In this way, Chen Heyuan, who has been described as rising by Li Feng, hurried to take people directly to Hong Kong. Yes, go to Hong Kong first. After all, it is the headquarters of Asia, and Hong Kong is not dark under the light. Li Shanquan can settle down well in Hong Kong. After that, we will go directly to China for investigation. The itinerary has been arranged.
……
Naturally, in addition to Chen Heyuan's Dahua, Wu Jianmin of Huamei also set out with a group of bank executives and negotiators to strive for the expansion of Huamei bank.
After the Chinese traditional lunar new year, Li Feng was in a particularly good mood because he completed the plan of continuously taking shares in Huamei bank and Dahua supermarket.
For Li Feng, who has a Chinese tradition in his bones, the Lunar New Year is the real new year.
Looking at their own development in the past year, standing in Beverly Hills manor, overlooking the wonderful night scenery of Los Angeles, I can't help feeling it. It's a perfect 1995.