Chapter 369 Franchise
Don't care about insignificant little things. Xie Jingxing used this sentence to evade Tang Man and also to evade himself.

I went back to the company to kill time by looking at the materials submitted for the "Securities Broker License", and headed to Jiaotong University on time to attend the freshman ceremony. When I arrived, I hurriedly went straight to the stage to give a speech.

Then they went to Yu Tong's laboratory for a rehearsal. During the whole process, the couple only took a group photo and stood together and talked for a few words. Then they ran back to the company, making the excuse that they were busy with work.

Well, it’s not really an excuse, I’m really busy.

By the time Xie Jingxing finished dealing with the last unread email and thought about the shit he did last night, it was already dark outside the window.

"Mr. Xie, our team is having a dinner together. Do you have time?" He Chuan knocked on the office door and invited cheerfully.

Xie Jingxing looked at the time. It was 9:30 and the night life had just started: "Is there a second show?"

"Yes! Let's go to Xinguang for a crab feast first, then go to LINX to dance for a while to digest the food. If you're not sleepy, you can go sing and relax." He Chuan introduced enthusiastically.

Xie Jing Xing asked with interest: "Are the crabs cooked now?"

"You are indeed an expert. Crabs are the fattest after the Mid-Autumn Festival. Now is the time to try some of them and satisfy your craving." He Chuan gave a thumbs up and flattered her.

"Pack a takeaway for me and send it to the company. Stop having fun and do your job well."

Not only did Xie Jingxing not go, he also ordered takeout for free food and drinks. He Chuan didn't mind and nodded vigorously to guarantee that he was absolutely reliable. He quickly held his crotch and led his brothers to have fun.

He became completely obedient after he and his girlfriend got their marriage certificate. His greatest pleasure now is to take his subordinates out to eat, drink and have fun every few days. Anyway, the team has plenty of funds.

LINX is a nightclub opened by Nicholas Tse. It is very popular. Luxury cars are lined up every night. A dance floor ticket on a weekday costs 50,000 to 60,000 yuan. Before the stock market crash, many colleagues in the industry rushed for a seat.

Now, except for a few executives from branch offices of major Internet companies including Alibaba who lead teams out to play, no one can compete with "Big Boss He Chuan".

As the person in charge of post-investment of the early Ele.me project, their team participated in the entire process of this round of New DAELE-Meituan merger and acquisition case. Now that the case has been phased through, it is natural for them to go and have some fun.

When this case is completely completed, He Chuan can bring his younger brothers to compete for the box seats with the rich second generation of demolition workers, the big brothers of the gray industry, and the business entertainers.

A $20 billion merger and acquisition case, just a little bit of it is enough to make you full.

Xie Jingxing was quite proud of this. He never boasted about his wolf culture or anything like that, but his employees always worked very hard. His management level increased by 1 and had grown again!
He picked up the insulated box full of takeout and the "brokerage review" materials, and planned to go to the Taihe office next door to express his condolences to another team involved in the merger and acquisition case.

Passing by the public office area of ​​the Cultural Media Group, the lights in the independent office with the MD nameplate were still on.

Xie Jing Xing thought for a moment, took out a box of crabs and a bowl of crab noodles from the incubator, pushed the door open and walked in: "Are you not off work yet?"

"Mr. Xie, I'm looking at two projects and I'm trying to arrange an interview with a professor from the Central Academy of Drama." Miao Nan put out his cigarette and stood up, with dust floating from the ashtray next to him.

"You keep busy. As for the midnight snack, anyone who sees it can have a share."

Xie Jingxing put down the lunch box. Lao Miao jumped from Jianyin Cultural Fund to Grapefruit Capital through the Xiaoma Pentium project. The joining process was not glamorous, and the subsequent investments in several projects were not very successful.

The overall pressure is huge, and with the capital market shortage caused by the stock market crash, Internet giants have been making mergers and acquisitions to decide their survival. Tencent and Alibaba have successively launched pan-entertainment strategies, and the bubble in the entertainment industry has emerged.

Feng Xiaogang set up his media company to bet against Huayi, and Yang Mi personally bet against Jiaxing Media. These are all attempts to take advantage of this wave of mergers and acquisitions.

Miao Nan wanted to get involved and test the waters to see who is the real fish. Song Anli, the leader behind him, also supported him, but Xiyou herself looked down on it.

No matter how small the fish, shrimp or toad is, grapefruit is a crocodile. Squeezing out water from a single star or TV series will not bring as much return on investment as investing in a Panda TV.

Several projects failed to make it to the investment decision-making stage and were rejected by the internal discussion meeting.

"Keep calm and take it slow. After we finish the major projects at hand, the company will focus on pan-entertainment."

The old man in his forties was filled with sadness over his unfulfilled ambitions, and Xie Jingxing had no choice but to chat with him briefly to comfort him.

He was waiting for Wanda to come and borrow money. Xiyou had nearly 50 billion US dollars in cash, and Taihe had nearly 20 billion US dollars in its account. Taking over Wanda Cinema Line would be an opportunity to catch some big fish.

You can't expect him to have the leisure time to fish one by one with a broken fishing rod.

"You are all experts in eating crabs. Let's try the fresh ones first to satisfy our craving. We can go eat the plump ones after the Mid-Autumn Festival."

Walking into the office of Taihe Capital, Xie Jingxing borrowed He Chuan's words to encourage several colleagues who were exhausted and looking pale.

The Su He team is undoubtedly the main force in this merger and acquisition. Bao Fan is only responsible for coordinating and writing documents. The actual calculation and division of interest details are mostly formed in this office and then transferred to various stakeholders.

"How about it? Wouldn't it be more perfect with a pot of rice wine?" Xie Jingxing peeled the crab legs wearing disposable gloves.

Su He tasted the crab slowly and carefully while looking through the materials submitted for Xiyou's 'Securities Broker License': "Aren't they moving a little too fast?" "It depends on Xin Da Hungry." Xie Jingxing threw the crab leg into his mouth.

"I can only control the progress of the merger and acquisition. You have to go to Zhang Tao to discuss the specific business."

Su He raised his hand and grabbed nothing, glancing at the empty silver plate: "It would be perfect with 30-year-old Huadiao wine."

"I'll take two bottles later. I'll treat you to some after the case is over."

Putting a crab leg into the small dish, Xie Jingxing said to himself: "I made an appointment with Zhang Tao to meet next Monday, but I can't quite figure out what he's thinking."

"In May, Meituan received support from Tencent and blocked Alipay. There are rumors in the circle that Wang Xing has always relied on Internet giants to survive."

Su He picked up a crab leg and put it into his mouth, chewing it carefully with his red lips slightly moistened. "At that time, he personally led the team to look for financing all over the world. He indirectly responded to the rumors at the drinking party, saying that Meituan has never been anyone's younger brother and will grow together with its partners."

"...There is also such a statement, so you think Zhang Tao thinks so too?" Xie Jingxing was speechless.

Su He frowned slightly and hesitated: "I think there is an opportunity in front of him, and he has no reason to refuse. No matter how good it is given by others, it is not as good as what he has earned himself."

Xie Jingxing nodded thoughtfully. At the fundraising dinner in Beijing yesterday, he mentioned to Yu Nian the licenses in the three fields of banking, financial services, and mobile payments.

The first two were applied by Jingxing Investment Group, and the latter was applied by Xinda'e.

After obtaining a third-party mobile payment license to enter the payment transaction business, the loan business opened around the payment transaction can be operated by itself by applying for a "consumer finance" license.

At the same time, it can also engage in intermediary business and provide channels for other consumer finance loan platforms.

The same is true for other fund management, insurance and other businesses, except that Ant Financial started very early and took advantage of the relaxed review of financial franchise licenses to obtain almost all financial licenses.

Internet financial businesses of Tencent, Baidu and the like, except for mobile payments and consumer finance and small loans, are basically marginal intermediary brokerages, purely providing platform channels for third-party institutions, and at most getting a bigger share of the pie in the name of cooperation.

In other words, they cannot apply for chartered financial licenses such as insurance, which allow them to make money without doing anything, or the cost is extremely high.

Xie Jingxing had no intention of doing a franchise case like Huawei, which was the only one of its kind in the country. Even if the elders were willing to sacrifice their reputation for their children and grandchildren, he would still feel embarrassed.

Then Xinda'e's Internet finance business will not be an exception, as many licenses will not be obtained if they are not applied for.

So he used Jingxing Investment Group to apply for a "broker license". The value of this license can be directly measured by money, and there is no demand for it at a base price of 30 billion.

Acquire existing brokerage firms on the market and take over all the junk assets for a license, but it depends on whether they are willing to sell and whether the regulatory authorities will allow you to buy.

Only Xie Jingxing, who had gained the reputation of an industry leader by rescuing the market during the stock market crash, and who had demonstrated top-notch operational capabilities and huge financial capital that no one could fault, as well as the halo of his elders, could enter the review process at a rocket-like speed.

At this point, Jingxing Investment Group has more than twenty peers queuing up for review.

The so-called franchising means that the application conditions are there, and you need to meet the conditions to obtain a franchise.

If the "broker license" can be obtained, it can be deeply integrated with the brokerage business in conjunction with Xinda'e's Internet financial management business. The same logic applies to bank, fund and other licenses.

Xinda's mobile payment business will become an initiating node in the business chain, involving license applications on the one hand and specific business strategies on the other.

How does Zhang Tao view the mobile payment business? Once Xinda'e enters the mobile payment market, how will Tencent and Alibaba react?

Su He thought he would agree, but it was a bit hasty to take action now.

"You eat the meat of sea crabs, but you eat the roe of river crabs."

The pretentious reminder made Xie Jingxing withdraw his thoughts. He smacked his lips to wipe away the blood that oozed from his fingertips that were pierced by the crab legs, and picked up the pliers to peel the crab roe.

There's nothing we can do about it, this woman is a hero.

At this moment, He Chuan was drinking and bragging with a young girl in the bar. She was sitting in the office and didn't ask the man to drink and brag with her, she just wanted to eat some crab roe to satisfy herself.

"If you were given a choice, would you rather do venture capital or mergers and acquisitions?" Xie Jingxing suddenly asked.

Su He was slightly stunned and blinked: "My current working status is pretty good."

"As for the issue of financial systematization, you can do venture capital or mergers and acquisitions in the future." Xie Jingxing laughed.

(End of this chapter)