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Chapter 557: Take it in one fell swoop

Faced with the proposal of Qingfeng Group, the Leng family certainly opposed it. They then issued one billion shares and gathered 30 billion yuan of funds. If they merged like this, wouldn’t this money be lost in vain?

Unfortunately, although the Leng Family owns 35% of the shares, Qingfeng Group owns 51% of the shares, and has received the consent of other directors. This matter is irreversible.

A few months later, Rongda Iron and Steel Company was officially established with a total assets of 300 billion yuan, becoming the world's second largest steel company. After the merger, 51% of Qingfeng Group's shares were diluted to 23%, while 35% of Leng's shares shrank to 12%! But even so!

Subsequently, the newly established steel company was divided, separating industries such as mining and smelting, finished rigid materials manufacturing, and steel company ancillary facilities, forming six major industries. Although all the six major industries belong to Rongda Steel, each of them is independent subsidiaries. Rongda is only a group company and has six major subsidiaries, namely mines, smelting, finished rigid materials manufacturing, ancillary buildings... etc.

After the division, 12% of the Leng Family's shares were diluted again, and each subsidiary only owned six percent of the shares. It completely and completely became a small shareholder, and even could not participate in the board of directors.

With the mediation of Qingfeng Group, the shares of several major families were replaced. Taking Liu Feng as an example, 23% of his shares were concentrated under the affiliated industries of the steel company, accounting for 70% of the total shares of the subsidiary! Almost privatized the entire subsidiary!

The same is true for other families, concentrating their shares in the parts they are interested in and completely possessing control of their own departments, including the mining part, smelting part, and finished steel manufacturing part, each part is monopolized by several major families, and within the huge Rongda Steel Company, a country of one country has been formed!

Of course, the Leng family also wants to do this. If they concentrate their shares in a certain subsidiary, they will own 36% of the shares. But the problem is, the person in charge is Qingfeng Group, how can they give him this opportunity?

Now, Leng's shares are distributed in various subsidiaries. The total capital is nearly 40 billion yuan. Who doesn't want to eat such a large piece of fat? Who would be polite? Leng's six subsidiaries only has 6% of the shares, and he swallowed them up with just a little trick.

In fact, the first one to do it was Qingfeng Group, the affiliated facilities of the Iron and Steel Company were actually offices and real estate projects distributed throughout the country. Now that the technology is so developed, there is actually no need for these offices to exist, including telephones, networks, and developed transportation. There is no need to arrange offices in various places.

After taking over the subsidiary, Liu Feng packed all the high-quality real estate in the company to the Nuanfeng Real Estate Company under Qingfeng Group, and then transferred the shares of other branches of Lengjia to this subsidiary. Lengjia finally owned 36% of the shares of a subsidiary, but in fact, the company is already full of holes and is losing money every day!

Originally, the value of this subsidiary was 50 to 60 billion yuan, but Liu Feng had already transferred all the valuable properties and sold them. The rest were unfinished buildings and remote industries, with a total value shrunk by three-fifths, and if you want to maintain these industries, you have to consume a lot of money every day! If you cannot sell them out as soon as possible, you will not be enough to pay for it.

The real estate transferred by Liu Feng is all prosperous shops and good real estate projects. The rent alone is an astronomical figure every year, which is why the steel company has never given up on this area.

But now, these good real estate projects have been sold to Nuanfeng Real Estate, and the rest is all burden. Although I got some money to sell these properties, how could Liu Feng sells them to himself have a high price? It was basically the price of a big sale, and only cost one-third of the price, so I bought all the good real estate in a package.

After a walk around, Liu Feng sold all the shares to each family and then left with Qian Xiaoxuan. Although he did not get any cash gains and he basically took away as much as he invested, the properties transferred by Liu Feng were actually Liu Feng's rewards.

Anyone who knows real estate knows that a good commercial property cannot be measured by money, it is simply a golden chicken that lays eggs! It is simply a treasure pot! Although the property that Liu Feng transferred is worth about 30 billion yuan, in fact, if he is really willing to sell it to the outside world, someone will want it for 100 billion yuan! Although it is very invested, he can only eat it for a few years and only a fool can take out.

With the departure of Qingfeng Group, the Leng family was hanging there directly. Although the subsidiary is still operating and has money in the account, what should we do with the properties under its jurisdiction? No one buys them if they are sold. If they don’t sell, they have to invest money to maintain them, and there will never be any hope of profit.

Bite the steel teeth! This is what the Leng family feels now. The original assets of more than 100 billion yuan, the largest shareholder of Rongtai Steel Company has become a broken real estate company? Although the total assets seem to be quite large, the problem is that these real estates are all inferior and cannot be sold at all, and they also have to continue to invest money to maintain them!

I am willing to sell the shares, but now people are not stupid. Who is willing to buy these broken shares of you? I can't bear to throw them away, and if I don't throw them away, I will continue to suffer losses. This is simply boiling a frog in warm water, making you die unknowingly.

After finishing the Leng family's Rongtai Iron and Steel Company, although Liu Feng still wanted to continue, the Leng family is on guard now. If you take action now, it will be difficult to get things done. However, Liu Feng is not in a hurry. Only a thousand days of thieves can be defended against thieves for thousands of days? If the Leng family has the ability, continue to be so cautious. Never relax. Otherwise, Liu Feng would never be polite, and would definitely pounce on him in an instant and swallow the other party completely.

Back to Qingfeng Group, next... Liu Feng summarized the gains this time. Liu Feng did not plan to keep the properties purchased from the steel company at a low price. After all,... there are too many types of these properties and are too complicated. Although they are high-quality assets, Liu Feng does not have so many people to manage and maintain.

After a change of hands, Liu Feng doubled the price and sold all the excellent real estate properties distributed in various cities across the country to thirty-six real estate companies of the Shun Reincarnation Gate. Everyone earned money together, so that when Liu Feng launched an attack, everyone would continue to support him. If Liu Feng alone was alone, even if he had the ability to cause trouble, he would not have the courage to do things!

After sorting it out, in just half a year, Liu Feng mobilized nearly 200 billion yuan to crack down on Rongtai Steel Company. After all the transactions and settlements were completed, Liu Feng's net profit reached 50 billion yuan. This was the meat bitten from Rongtai Steel Company, and it was very sad.

Of course, these things are not actually operated by Liu Feng himself. It’s not that he doesn’t want to, but that he doesn’t have the ability. All these operations are actually the work of the newly established capital operation team. Liu Feng just grasps the general direction. He doesn’t need to do the specific things at all, and he can’t do them.

In half a year, Liu Feng had a thorough understanding of the situation of radio, movies and TV series, but it was still difficult for him to intervene in the TV station.

The director of the TV station is Zhang Shan, executive deputy director of the Radio and Television Bureau. Zhang Shan is 43 years old this year, and is very young and strong. She looks quite handsome, but her lifestyle is really a problem!

This TV station has basically become his private property. The reason why the TV station has become so far as it is now, and 90% of the audience in the country do not know that there is such a TV station, and Zhang Shan has to bear all the responsibility!

When it comes to employment, Zhang Shan and Zhang Shan are not only capable or meritorious. Instead, they are only responsible for their personal gain. Most of the leaders of various departments in the TV station are women, female anchors, and female hosts have very limited abilities, but they are in an important position and cannot watch the program. According to Liu Feng's investigation, citizens of this province would rather not watch TV than watch the provincial station!

Zhang Shan is also capable, background and backstage to reach this position. As a deputy department-level cadre, it is not something that Liu Feng can win just by saying that he can get it, but Zhang Shan’s work is unbearable.

The reason why Liu Feng was the deputy director of the Propaganda Department, the Party Secretary and Director of the Radio and Television Bureau was the TV station. However, now, the TV station is so chaotic that Zhang Shan has made it unbearable.

Nowadays, most of the leaders of various departments of the TV station are women, and most of these women are Zhang Shan’s mistresses! Most of the male leaders are Zhang Shan’s relatives and friends, or relatives and friends of mistresses.

Not only that, even those female anchors and female hosts have a unclear relationship with Zhang Shan!

If the TV station is compared to an apple, then the apple will not only look dirty, but will also completely rot from the heart and until the skin is completely rotten. Just like this group of people and such leaders, what can you expect? What good programs can you expect such a team to produce?

In half a year, Liu Feng used the elite talents of the Blue Shield and the former scouts to conduct the most detailed investigation and understanding of Zhang Shan's situation. He mastered various materials in a very comprehensive manner. Liu Feng just didn't move. Once he moved, he not only had to take down Zhang Shan, but also directly clear the entire TV station. Those who climbed up by his body and had no actual ability will go anywhere. Anyway, there are so many TV stations in the province, you can just go anywhere.

At the Propaganda Department meeting, Liu Feng directly took out all the relevant materials from Zhang Shan and made severe criticisms of this phenomenon. People like Zhang Shan are no longer suitable to work in the propaganda team. They are not of strong quality, so how can they still have the qualifications to promote other people!

Not only will Zhangshan be transferred, but the provincial TV station also needs to carry out a major cleaning. Those who are capable will be promoted and those who are mediocre will be demoted. Provincial TV stations, especially satellite TV stations, must be clean and tidy and not be chaotic.

No one can object to Liu Feng's opinion. After all,... Zhang Shan did make a mistake, and the evidence was too detailed and irrefutable. Who dares to protect him at this time?

And everyone knows that the reason why TV stations have been so depressed over the years is entirely because of Zhang Shan's relationship, but... Zhang Shan has always been from the Leng family, so no one is willing to offend him. Now that Liu Feng has taken action, everyone will naturally not stop him.

Soon, the materials were sent to the Provincial Commission for Discipline Inspection, and the investigation began soon, and the investigation was completely over as soon as it began. In the face of confirmed evidence, Zhang Shan had no way to argue.

After taking Zhang Shan, the position of executive deputy director was vacant. Liu Feng did not fight for this position, and he would come to whoever he loved. However, Liu Feng personally supervised the provincial TV station and served as the director of the provincial TV station!
Chapter completed!
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