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Chapter 350 Industrial restructuring and Jiang Feng's family

When Jiang Feng told Gong Lingran about the recommendation that Lin Wanqing said, she refused, because she had decided to follow Jiang Feng to the capital, even if she couldn't go to the Capital University, she would become other universities in the capital. After all, there are many good universities in the capital. In addition to the two top universities in the country, the Capital University and Huaxia University, there are also Minzhong University, Capital Normal University, Capital Foreign Studies University, Capital University of Aeronautics and Astronautics, and Capital University of Technology. She still has a wide choice.

Besides, Gong Lingran's grades are also good. This time she scored 667 points, ranking fifth in Shicheng No. 1 Middle School and the top 100 in Jiangzhou City. It is not difficult to get into Capital University or Huaxia University.

Lin Wanqing received Gong Lingran's reply, so she had to give this quota to another person reluctantly. Although she was the head teacher of Class 2 of Shicheng No. 1 Middle School, she was also a teacher of Shicheng No. 1 Middle School, so she naturally didn't want to send this quota to other schools. Anyway, they were all students of Shicheng No. 1 Middle School, so they were considered to be rich and unlucky.

Three days passed quickly, and it was already the 25th day of the twelfth lunar month.

In the past three days, Jiang Feng has been attending classes for three days in a manner and has not taken leave to skip classes, which surprised Lin Wanqing. According to Jiang Feng's personality, after hearing that she could be admitted, she must not come to class. She is ready to not come to class. However, she did not expect that Jiang Feng would become a good student, which surprised Lin Wanqing very much.

After class that afternoon, the third year of Shicheng No. 1 Middle School finally started their winter vacation, because it was only five days before New Year's Eve.

Although the school was on holiday, Jiang Feng did not have any time because he decided to reorganize his industry.

Now, there are many industries under his name, mainly concentrated in two companies: Jiangshi Group and Jiangshi Investment Fund. In addition, there are Jiangzhou Heavy Industry Group, Jiangshi Automobile Manufacturing Corporation, Xiaomi Group, Taifeng Film and Television Company, Tokyo Maria Trading Company in Japan, and Cheryl Audio-Video Publishing Company. In fact, Phoenix Film and Television Company is also his industry, but now it is under the name of Ye Lanqiu and Yila.

Among his industries, Jiangshi Group also includes more than ten subsidiaries including Jiangshi Real Estate, Jiangshi Construction, Jiangshi Mining, Jiangshi Department Store, Jiangshi Biotechnology, Jiangshi Information Technology, Jiangshi Hotel, etc.

Jiang Feng has many industries under his name, and they are also very scattered, and many of them are doing their own things. In the past, before he came to the front desk, this was conducive to keeping secrets; however, now his identity has been exposed, and maintaining such a state is not conducive to the development of the company.

Therefore, Jiang Feng had the idea of ​​reorganizing these industries.

On January 17, 2004, the main leaders of Jiangfeng's companies gathered in Shicheng.

This gathering was an annual meeting held by Jiangfeng's company, and it was also an industrial restructuring meeting.

Originally, Jiang Feng did not inform Cheryl, Ye Lanqiu and Kim Tae-hee, but they got the news from somewhere and all rushed to Shicheng.

After two days of meeting, Jiang Feng reorganized all his industries and formed a brand new Jiang Group.

The original Jiang's Investment Fund was reorganized and became Jiang's Investment Bank and changed its registered status to a "bank holding company". The headquarters has 9 departments, including: Stock Research Department, Investment Banking Department, Private Wealth Management Department, Foreign Exchange/Bond Department, Commodity Trading Department, Fixed Income Research Department, Investment Management Department, Direct Investment Department and Institutional Stock Department.

Jiang's investment bank is involved in financial fields including stocks, bonds, foreign exchange, funds, futures, investment banking, securities underwriting, corporate financial consulting, institutional corporate marketing, real estate, private wealth management, direct investment, institutional investment management, etc.

The original Jiangshi Group also split up and formed eleven companies including Jiangshi Real Estate, Jiangshi Construction, Jiangshi Mining, Jiangshi Pharmaceuticals, Jiangshi Biotechnology, Jiangshi Chemical, Jiangshi Department Store, Jiangshi Hotel, Jiangshi Energy, Jiangshi Information Technology, Jiangshi Network, etc.

In addition, the computer manufacturing and mobile phone manufacturing industries in the former Jiangshi Information Technology Company were divided and reorganized with the Xiaomi Group acquired by Jiangfeng to become Jiangshi Electronics Industry Company.

The original Tokyo Maria Trading Company was reorganized into Jiang's shipping company, engaged in international trade, transportation and other fields.

Then, the original three companies, including Phoenix Film, Taifeng Film, and Cheryl Audio-Video Publishing, were reorganized to become Jiangshi Entertainment, which is affiliated to Jiangshi Group. However, in this company, Jiang Feng's shares are limited, less than 20%.

Jiangshi Entertainment consists of the original Phoenix Film and Television, Taifeng Film and Television and Cheryl Audio-Video Publishing. Among them, Phoenix Film and Television has assets of RMB 100 million, equivalent to US$120 million, Ye Lanqiu accounts for 70% of the shares, that is, 84 million; Yila accounts for 30% of the shares, 34 million. Taifeng Film and Television's initial registered capital is US$20 million. After a year and a half, the total assets have now increased to US$70 million, Jiang Feng accounts for 40% of the shares, 28 million; Kim Tae-hee accounts for 60% of the shares, 42 million. Cheryl Audio-Video Publishing's initial registered capital is US$10 million, because the company was established relatively late and did not add much value. Now it is about US$12 million, Jiang Feng accounts for 50% of the shares, 6 million; Cheryl accounts for 30% of the shares, 3.6 million.

In this way, Jiangshi Entertainment's total assets totaled up to US$200 million, with the first shareholder being Ye Lanqiu, accounting for 42% of the shares; the second shareholder being Kim Tae-hee, accounting for 21% of the shares; Yila and Jiang Feng each accounting for 17% of the shares; while Cheryl has the least shares among the major shareholders, only 1.8%.

Of course, this is the initial shares, which is obtained by the original shares. In fact, after the establishment of the new Jiangshi Entertainment, the shares were re-divided. Ye Lanqiu gave up a large part of her shares, accounting for only 22% of the shares, and she is still the largest shareholder; Kim Tae-hee also gave up some shares, accounting for 18% of Jiangshi Entertainment; Jiang Fenghe's shares have not changed, and they still account for 17% of the shares; Yila's shares have been reduced to 12%; Cheryl's shares have increased significantly, reaching 8%. Nam Sang-mi, Xie Yu-fei and Song Hye-kyo, who originally did not own shares, now have six percent of each;

The remaining five percent of the shares are the other four members of Cheryl's "Gao Song Girl" group, as well as several main management members of the original Phoenix Film and Television and Taifeng Film and Television.

The other four members of the "Gao Song Girl" group each account for 5% of the shares in the original Cheryl Audio-Video Publishing Company. If the shares are converted according to the equivalent value, their shares in the new Jiangshi Entertainment can basically be ignored, about 0.25%. Therefore, their shares were adjusted in the new Jiangshi Entertainment, each accounting for 0.5%, doubling.

Han Jingji, the former general manager of Taifeng Film and Television Company, and Han Jingji, the former general manager of Phoenix Film and Television Company, now each owns one percent of the shares of Jiangshi Entertainment.

The last remaining one percent of the shares were divided into several shares and donated to some senior management of the company.

In addition, the original Jiangshi Automobile Manufacturing Corporation was also classified as Jiangshi Group.

After Jiang Feng reorganized his industry, he also had a relatively detailed data on his personal wealth.

All the wealth of Jiang's Investment Bank (formerly Jiang's Investment Fund), including the shares of companies controlled by Apple, Walmart Group, Hyundai Group, KCC Group, and the assets of Manchester United Club, reached 18 billion US dollars. This is the most important part of Jiang Feng's current wealth. However, due to the acquisition of 25% of Hyundai Group's shares, Jiang's Investment Bank now owes Citibank a huge loan (5 billion US dollars).

Secondly, Jiang Feng’s source of wealth is mainly due to the original Jiangshi Group and Xiaomi Group. The two parts have a total of RMB 40 billion, about US$4.8 billion.

Again, Jiang Feng still holds 38% of the shares in Jiangshi Heavy Industry Group, and now Jiangshi Heavy Industry Group has assets of up to 50 billion yuan, which means that Jiang Feng’s wealth here is up to 17 billion yuan, or about 250 million US dollars.

There is also the former Tokyo Maria Trading Company, which is now Jiang's shipping company. This company, whose initial registered capital was as high as US$100 million, has now had assets of up to US$200 million after a year and a half. Jiang Feng accounts for 80% of the company's shares, which is US$160 million.

The other is Jiang's Automobile Manufacturing Corporation, which now has assets of about one billion yuan, which is 120 million US dollars.

Adding up all these assets, Jiang Feng's personal assets have reached about 25.1 billion US dollars without realizing it. Of course, this has to be eliminated from the huge loan of Citibank that he signed. In other words, Jiang Feng's assets are now about 20 billion US dollars.

However, Jiang Feng's assets have expanded rapidly in the upcoming year, especially Jiang's Electronics, which mainly manufactures mobile phones and computers, Jiang's Automobile, which mainly produces cars, and Jiang's Mining, which is engaged in mining development.

Because, around April 2004, Jiangshi Electronics will launch their computers and mobile phone products, while Jiangshi Automobile will launch eight series of automotive products, and Jiangshi Mining's mine will also start to generate profits. (To be continued. If you like this work, you are welcome to subscribe to (this site) and reward, and your support is my greatest motivation.)
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