Chapter 734 - 285: Splitting in Two Means One More Listed Company_3

Yang Chen quickly said, "These two are Chairman Xi Yongxin of Hualin Technology Company and his daughter Xi Yuyao. I just bought into their company and want to help the company strive for cooperation with Yida."

Ge Chunhui: "Then let's go together, have a meal together. Let's go, let's go."

Xi Yongxin and Xi Yuyao quickly smiled and expressed their thanks, then followed behind to the restaurant.

Old Wang's time is limited, so everything should be quick.

Yang Chen gave Xi Yuyao a look, indicating that they should wait outside for a while.

Xi Yuyao blinked and held onto her dad, saying, "Dad, mom called, why don't you take it."

Xi Yongxin: "Chairman Wang, Chairman Ge, President Yang, sorry, I need to take a call, you all go in first and eat."

Yang Chen and the others nodded and went into the private room first.

Xi Yongxin: "Why did your mom call me?"

Xi Yuyao: "My mom didn't call, Brother Chen hinted to me that we should wait outside for a bit. Yida and Jianye haven't finalized the project, so it's inconvenient for us to be around."

Xi Yongxin nodded and said with a smile, "President Yang is so young, yet he considers things so thoroughly. Let's wait for a while then."

Inside the private room.

Old Wang and Ge Chunhui started arguing again.

Old Wang's demand was for Hai City Jianye Group to package all its commercial real estate projects for direct lease to Yida Business Management Company, so in the future Hai City Jianye Group only needed to collect rent annually, regardless of whether these projects succeeded or failed.

In other words, if Yida Business Management has the capability to earn trillions from Hai City Jianye Group's projects, that's Yida's capability, and Hai City Jianye Group shouldn't feel any imbalance.

If Yida fails, and these projects lose trillions, that's also Yida's responsibility, and it has nothing to do with Jianye.

But Ge Chunhui obviously thought a bit more. He wanted Yida Business Management to take over these projects but was unwilling to completely relinquish control, wanting to retain 30-40% of the shares and have the option to terminate the cooperation at any time.

To put it simply, he was being unfair to Yida. Once they understood Yida's management style, they could just kick Yida out and manage these projects themselves for profit.

Old Wang has been through the business world for decades, how could he not understand these tricks?

Yida Business Management Company is the core asset of Yida Group, with more than 80% of profits coming from Yida Business Management Company.

How could he let Ge Chunhui walk away with the core management experience for free?

The two argued back and forth with no result, and finally had to seek Yang Chen's opinion.

Yang Chen smiled and said, "Chairman Wang, if you have an adopted son, could you distribute your wealth and affection equally between Xiaoming and the adopted son?"

Old Wang: "Haha... definitely not. There's a difference between one's own and an adopted child."

Yang Chen asked again, "And you, Chairman Ge?"

Ge Chunhui: "Haha... on this point, I agree with Chairman Wang."

Yang Chen: "So, what's the best way? The inheritance for the biological son and the adopted son should be separate, this way it's fair, and you don't have to worry about confusion. Wouldn't you agree?"

Old Wang and Ge Chunhui nodded.

Yang Chen continued, "So why not separate Yida Plaza and the other companies' commercial projects managed by Yida Business Management? With Yida's management scale, they can absolutely create two brands big enough to go public. Some listed companies only have a few billion in revenue a year, with profitability not even as good as real estate speculators. Even Yida's adopted projects can easily have better revenue and net profit than those poor-performing listed companies. I've already thought of the names: Yida Plaza and Yida Square. Yida Plaza is naturally Yida's own, while Yida Square comprises commercial projects entrusted by other companies. Aren't you two at odds over leasing everything out and retaining certain equity? It's simple, Yida Group establishes a new holding company, Yida Square Commercial Management Company, separate from Yida Plaza, and Hai City Jianye can invest in Yida Square Commercial Management Company. This way, we in Yida don't worry about leaking core secrets, and Hai City Jianye Group can partake in the profits long-term, isn't that the best of both worlds?"

When a company reaches a certain scale, relying on business to earn more money becomes unrealistic.

So, what to do?

Of course, go public and raise funds, just releasing some original shares can bring in billions, even tens of billions, how many years would it take to earn that much through dividend distributions?

So if Yang Chen's vision is followed, with Yida Group achieving the dual listing of Yida Plaza and Yida Square, it's like all shareholders can suddenly have extra billions, even tens of billions in cash-out opportunities.

Old Wang: "Haha... President Yang, you're young, but you certainly have a lot of ideas! Why didn't I think about raising biological and adopted children separately?"

Ge Chunhui: "No wonder President Yang was able to acquire shares in Yida and Mi Tuan. You've got more ideas than us old hands. I think President Yang's suggestion is good, we can try out Yida Square. Chairman Wang, what's your stance?"

Old Wang: "Hehehe... If President Yang and Chairman Ge agree, then I certainly do too. President Yang, your idea resolved the point of conflict that Chairman Ge and I debated for so long."

Yang Chen: "Don't just compliment me, anyway, no matter how you arrange things, personally I want at least 20% of the shares."

Ge Chunhui: "Then I want 29%, and Yida Group retains 51%. President Yang's relationship with Yida means that Yida Group holds 71% of the shares in total, so Yida Square is still under your control. Chairman Wang, what do you think?"

Old Wang smiled and said, "That definitely won't do. We'll surely need to continue financing in the future, if we give away that much equity to you now, it will be hard to finance later on. My suggestion is that the two of you take 15% each, leaving 70% to Yida Group. Future financing will come from the 70% shares held by Yida Group and distributed to other investors; your shares won't change at all. How about it?"