Do insurance or run a fast food business?
This is a very serious issue.

Li Zehua once hesitated again and again, but finally decided to be a deliveryman for a fast food company... but was rejected.

Because he could not provide a complete set of identity information, even his bank account belonged to someone else, but he still asked people with a smug face: Bro, I can accept a 20% discount on commission, as long as I have a job to support myself.

The webmaster stared at me and asked back, "Are you a relative of Mr. Xing? Do you think the M group is owned by your family?"

One sentence made him cover his face and walk away.

Fortunately, I don’t have to hesitate in this life.

He wants both!

So the next day when he met with Li Yuqing and Jiang Yi, father and son from Da Dongfang, he directly put forward his conditions.

“It doesn’t matter how big a customer base Great Eastern’s insurance company in Yuqing has or how much money it loses every year.

In a word, 70% to 30% of the profits. We can discuss the next cooperation only if you agree."

Jiang Yi (Li Jiahao, the same below) stood up angrily and said, "You are dreaming. Great Eastern has been working in the domestic insurance industry for more than ten years, investing hundreds of millions of funds and paying countless manpower and material resources.

To build connections and maintain personal connections, I don’t know how much extra I have to pay for an insurance license.

You want to take away 30% with just one sentence, what's the basis for that?!"

"Mr. Li, oh no~ now I should call you Mr. Jiang. You may have misunderstood. I take 70% and the remaining 30% is yours."

Li Zehua laughed loudly and faced Li Yuqing directly, showing no intention of backing down.

“Of course, as a token of sincerity, I don’t intend to pay a penny.

I don’t care how much it costs to buy the remaining shares from Yuqing Yamen, but Great Eastern will contribute. Also, the name has to be changed, I think Qingyun Insurance is pretty good.”

Jiang Yi was almost going crazy. If he wasn't concerned about the huge gap in status, he would have rushed up and kicked him hard.

Is this a business deal?
This is so obvious~
Rob?!!!

Li Yuqing is much more stable than him, after all he is the chairman of a large group. After listening to Li Zehua's request, he showed no signs of getting angry.

Instead, he smiled and said, "Boss Li has big plans. 70% of the shares are fine. Changing the name to Qingyun Insurance is no problem. Even my domestic insurance license can be transferred.

I know a little bit about the grievances between you and the Yuqing government, but it's no big deal. The group will step in to settle all the troubles and it will never affect this cooperation.

But could Mr. Li tell us in detail what Great Eastern can gain from this cooperation?

It's impossible for President Li to make Great Eastern pay an extra 7 million yuan for no reason just by saying one word, right? "

In January this year, Great Eastern reached an agreement with Yuqing Real Estate Group to increase the registered capital of Great Eastern Life to 10 billion. The nominal amount of 7 million is not excessive.

However, according to the company's internal assessment, the actual value of the 50% shares held by Great Eastern is around 3 million, and the 7% shares are worth a little more than 4 million.

“More than 7 million. I know you are negotiating with Morgan to acquire 34.3% of Zhongjin’s shares. I have already obtained 4% from Morgan through the share transaction of the company under the North American Qingyun Group.

I would like to ask you to come forward and persuade the Lijiapo government to invest in the fund, and then sell 6% of the shares to Qingyun to make up 10%. Of course, I will give you this part at the market price. "

Li Zehua picked up the teacup and drank it all in one gulp. "In five years, there will be 500 million stable users of human and car insurance. After five years, the premium will exceed billion, and the total assets will exceed billion. Is that enough?"

Li Yuqing's hands trembled noticeably. "Really?"

How can I not be excited? Great Eastern has been developing for more than a hundred years, but it doesn't have so many stable customers.

This is the foundation of a great country!
The man in front of him is worthy of being the future business leader collectively favored by the entire Southeast Asian Chinese family. At least in terms of shamelessness and greed, he is undoubtedly ranked first.

Then he shook his head and said, "It's over. Only 5% of the shares are left. Together with the shares of Huaxia International Financial Co., Ltd., Great Eastern will get a total of 6%. You asked for %, and I can't convince the board of directors."

“I am not the only one who wants the 70% share. PICC must be brought in so that we can obtain the full insurance industry license and successfully enter the auto insurance market.

Qingyun Group is determined to get 6% of Zhongjin's shares. I want to take all of this, plus the friends behind me, it's not much at all."

Li Zehua directly presented his advantages, "Takeout, express delivery, online car-hailing, freight trucks, friendly businesses that Qingyun can influence, and agriculture, forestry, fishery, animal husbandry, and catering industries.

Internet platform user recommendations, targeted advertising, and car owners under contract in the logistics and express delivery industry, how much are they worth when added together?
How much is Qingyun Group’s golden signboard worth?
I personally come here, so I should earn some money for running errands, right?"

Li Yuqing pondered for a moment and stretched out his finger, "Five years, 7%, it's a bit too much, but Mr. Li has a big appetite, if we can add 10% of Qingyun Investment shares.

I am very confident that I can convince the board to approve this deal. After all, Mr. Lin of OCBC Bank is also waiting for the good news of this cooperation. "

From the beginning to the end, he did not discuss what would happen if it could not be done. That was a detail that the management should consider when signing the contract. Now, he just wanted to get through this round of exchange of interests.

Take advantage of Qingyun Group's dominance in the industry!

Li Zehua laughed, "You are too greedy. Great Eastern is not qualified to take 10% of Qingyun Investment, and the Overseas Chinese Bank behind you is also not enough, or no one in Southeast Asia can take it.

Even if Li Yillong was standing here, I would say the same thing!
But in order to take care of the first friend who came to us, I will give 1%, half as a token of sincerity, and the other half in exchange for 4.9% of shares of OCBC Bank and Great Eastern Bank respectively."

We are willing to spend a fortune to buy a horse's bones. Show a little sincerity so that various Southeast Asian capitals can feel the goodwill of Qingyun Group and lay the foundation for large-scale and in-depth cooperation in the future.

On the surface, OCBC Bank and Great Eastern suffered a temporary loss in this transaction, but after five years, they were basically even, and after ten years, the other party made a huge profit.

Spending money to buy a future is an exchange of resources.

This time Li Yuqing really couldn't sit still, "Boss Li, are you kidding?"

"The five-year bet agreement has been reached, which is at least equivalent to creating five more Great Eastern Insurances. Even if it is only 30%, it is still more than what Director Li and Director Lin have now!"

Li Zehua refused to give in. "As for Qingyun Investment, you will receive a complete investment statement later. Regardless of whether it succeeds or not, I hope you will keep it properly and especially keep it confidential and not leak it."

Just kidding, any company under Qingyun Investment will have a future market value no worse than Great Eastern Insurance.

The cooperation prospects between Qingyun Agricultural Services Company and Fengyi International alone have economic value of more than tens of billions.

Others include Dajiang Technology, Qingyun (AutoNavi) Maps, the shares of the Tongda Group, Tesla, JD.com, and nearly 40% of the shares of BOE Group, etc.

There are also Yunyunbang, SF Chuxing, BYD Group, Qingyun Electronic Technology Group, Qingyun Power Technology Co., Ltd., as well as Qingyun Real Estate and Property Management Company under the group.

There are also hundreds of companies including Weifuzhi, WeChat Technology, Douyin Interactive Entertainment, and Roewe Electronics.

Of course, these wholly-owned subsidiaries created by Li Zehua will all be transferred to the newly established Qingyun Holding Group before the cooperation.

The investment company will only retain third-party companies that make external investments, as well as investment funds that the group raises in a public name for use in the secondary market.

The overall valuation market value of the remaining companies is currently heading towards hundreds of billions. Looking back in ten years, it may not even reach ten trillion.

Tesla alone will have a peak market value of more than $1 trillion in the future, and there are also a large number of companies such as JD.com, BOE, and Dajiang with market values ​​of hundreds of billions of dollars.

Qingyun Investment holds a stake ranging from 5-75% in the company. Based on estimates, it will be easy to make a trillion dollars in the future.

He felt very distressed about the 1%, but having everything to himself was doomed to a bad ending, and he would have to give out some of the profits sooner or later. Only by making more friends could his future career development be smooth.

Li Yuqing could no longer sit still and could only call on others to discuss the matter together.

Perhaps Lin Weiyao had come a long time ago but just didn't show up before. As a major shareholder of Great Eastern Holdings (parent company of Great Eastern Insurance) and OCBC Bank, he had to show up now.

After the greetings, he questioned the conditions offered by Li Zehua, "According to information collected from public business channels, Qingyun Investment's holding and controlling companies do have unlimited potential.

It is no problem to exchange 1% of Qingyun Investment shares for 4.9% of Great Eastern Insurance shares, but it is impossible to add OCBC Bank to it.

The board of directors would not approve the acquisition of 4.9% of the shares of the largest commercial bank in Lijiaopo in exchange for the unfulfilled business potential and development prospects.

In addition, if Mr. Li wants to take away Zhongjin International Finance’s shares from Great Eastern Insurance, it will take extra effort. Even if we are willing, we still need the approval of the Lijiaopo Yamen.

Besides, we have no say in the share of the Lijiapo government investment fund, and Prime Minister Li Yilong may not agree to it either."

"Let's talk about what can be achieved first." Li Zehua also needed time to sort out the internal affairs of the company, so he said: "7% of the shares of Great Eastern Life Insurance, plus the right to purchase 5% of Zhongjin shares held by Great Eastern Insurance.

In exchange for a business that will be worth five times the size of Great Eastern Insurance in the future.

By the way, the 4% held by Qingyun in Zhongjin shares, plus this 5% investment, we can ask Director Lin to help reimburse them together without bothering two people. "

"Mr. Li is very calculating. Morgan Stanley holds 34.3% of the shares and wants more than 7 million US dollars. Now you open your mouth. Great Eastern takes 7% of the insurance business in the mainland, and you want to pay more than 2 million US dollars?"

Lin Weiyao was quickly analyzing the pros and cons of the deal in his mind, while glancing at his partner Li Yuqing.

The latter had no idea for a moment, but was reluctant to refuse, so he could only say that the cards in Li Zehua's hand were too perfect.

Yunyunbang and Fengniao alone, together with the Tongda Group in which Qingyun Investment has a stake, own over 70 vehicles of various types, and have recently proposed ambitious expansion plans.

A joint proposal by several subsidiaries of Qingyun Group, Tongda Group and JD.com Group for equity mortgage financing of over US$15 billion is in preparation for the construction of over 10 heavy-duty trucks and logistics warehouses.

The current financing progress is encouraging, especially for mainland automobile companies and other related industries, which have been buying heavily through the agency seats of financial institutions in Lijiaopo.

The transport vehicle agency business of Fengniao and Yunyunbang has almost no competitors in the market, and more and more freight drivers are joining them with their vehicles.

If this trend continues, the vehicle insurance sector alone will likely exceed 10 billion in the future.

Qingyun currently has over 30 full-time employees and an even larger number of part-time employees, as well as close cooperative relationships with friendly companies, especially Qingyun Agricultural Services Company, which influences agriculture and farmers.

Taken together, these premium incomes are enough to support a world-class insurance group.

Not to mention the financial service platform Weifuyi, a super treasure trove with more active users (not user scale) than one-third of the number of domestic Internet and non-financial institutions.

This one item alone is enough for Great Eastern Life Insurance to do everything it can to lure Qingyun Group into investing. Not to mention giving away shares for free, even giving them money, such as paying hundreds of millions in advertising and channel fees every year, will do!

Lin Weiyao also realized that they probably wouldn’t be able to keep many of the remaining shares of Great Eastern Life.

Thirty percent?

Yuqing must at least retain half, and the remaining 25% must be shared with Lijiaopo's three major funds. After all, judging from Li Zehua's attitude, Zhongjin's shares must be obtained.

While Qingyun Group is involved in the insurance business, it has made no secret of its ambitions in securities firms.

This will necessitate tripartite negotiations and mutual exchange of resources.

In the end, the best that could be left for OCBC Bank and Great Eastern Insurance would be 10%.

Even if it's only 10%, it's still a crazy profit!

Considering the current operating situation of Great Eastern Life Insurance in China, which suffers a loss of tens of millions every year, a 50% stake would have to be worth only to million yuan, together with an insurance license.

Within five years, the annual premium exceeded 500 billion yuan and the total assets exceeded billion yuan. Just % of it is worth tens of billions. From this point of view, it is a huge profit.

"Please ask Mr. Li Yilong, the chairman of the government investment company, to come over. It will be difficult to reach an agreement on this matter without his approval."

Lin Weiyao knew that the matter was serious and beyond his decision-making scope, so he had no choice but to hand the issue over.

While waiting, a few people got together and made some additions to the five-year development plan for the insurance business in the Mainland, such as setting up performance appraisals every year and how to compensate if they were not completed for two consecutive years.

And after the final goal is achieved, they will discuss issues such as how to distribute and protect each other's interests.

In fact, both parties have no doubts about achieving the goal of 500 billion yuan in premiums and billion yuan in total assets in five years. The key to the problem is that Li Zehua's price is too high.

Not only did he provide resources but no money, he also asked the acquired party for money. For example, when it came to the funds needed for the initial expansion of the insurance business, he asked OCBC Bank to provide interest-free loans.

It's absolutely shameless, and it shows the spirit of white girls to the fullest.

Lin Weiyao was a little overwhelmed and finally found an excuse to run away early, leaving Li Yuqing alone to barely cope.

Li Zehua did not reveal his intentions. After letting him go, he said to Li Yuqing, "Okay, I won't make it difficult for you to change the shares between Qingyun Investment and Great Eastern. If you don't want to change, then don't change.

Please do me a small favor and move the registered address of Great Eastern Life from Yuqing to Xingcheng or Shanghai."

Li Yuqing broke out in a cold sweat, "This is impossible. When we first entered the mainland to expand our business, we had a clear agreement with the Yuqing local government that we were not allowed to seek to relocate our registered place and headquarters.

At most, I can come forward to say hello and move Qingyun Insurance's actual operating location to Xingcheng or Modu. You will need to communicate and coordinate the specific tax payments and other related matters yourself."

It is better not to mention the relationship between Qingyun Group and Yuqing. Even Mr. Wu of Longfor Group was unable to mediate.

Now the instigator Liu Sen has been handed over to Dongda by Lijiaopo. The evidence is conclusive and the impact is bad. The only outcome waiting for him is to eat 50-cent peanuts.

Affected by this, his cheap father was directly ordered to hand in his resignation immediately and await his fate. Whether he can pass the test smoothly depends on whether the person behind him is willing to do his best to protect him.

Don’t even dream of getting a sky-high retirement pension for a small goal in this lifetime. You might have to spend the rest of your life behind bars.

The Fanjiang Group is the most depressed one. The shares it holds have become a hot potato. All parties are watching and ready to snatch them at any time.

As for Liu Sen's adopted sister, it will be difficult for her to return to China in this lifetime. Fortunately, she is still of great use to Goldman Sachs and is temporarily protected.

Li Zehua is not a stubborn person and will not take action again when the storm is at its peak. When the matter is gradually forgotten and becomes less eye-catching, someone will naturally help him to deal with the finishing work.

A family should be neat and tidy...

Li Yilong arrived very quickly, but today he did not come as the Prime Minister of Lijiaopo, but came to discuss business cooperation in the name of the Chairman of Lijiaopo Government Investment Company.

On the way, he had fully communicated all the details with Lin Weiyao.

He held a positive view on the cooperation, and finally added only one sentence to Lin Weiyao, "Qingyun Investment, or Qingyun Group shares are the most important.

If I were you, I would agree to 1% for 4.9% right away! It’s too late now, if you ask him again, he will definitely regret it.”

Sure enough, when Lin Weiyao came in, he tried again to discuss the share swap between Qingyun Investment, OCBC Bank and Great Eastern Insurance.

Li Zehua looked around and talked about something else and didn't respond.

This made Lin Weiyao a little upset, but he didn't want to bring it up again because he was the one who refused the exchange agreement.

It was not until many years later that I saw the companies in which Qingyun Investment had a stake or controlled a controlling stake create business miracles in New York, Lijiaopo, Hong Kong and the mainland stock markets.

His intestines were filled with regret!
If he could live his life over again, he would definitely say at this moment that 1% for 4.9% is not enough, 10% for 49% is necessary.

Take advantage of Qingyun Group's dominance in multiple industries and your whole life will be a win without any effort!
In comparison, Li Yilong was much more straightforward, "According to the agreement reached with Morgan, Lijiapo government investment company will hold 16.35% of Zhongjin's shares.

Great Eastern Insurance's 5% can be transferred in full, and I will contribute another 1.5% to support Qingyun Group in obtaining a 10.5% stake, surpassing TPG Asia's 10.35% to become the third largest shareholder of Zhongjin.

This part of the shares will be transferred to Qingyun at a certain point in time through an agreement to hold shares on behalf of others.

All the funds required to acquire 70% of Great Eastern Life's shares and purchase Zhongjin International's shares were fully funded by DBS Bank and OCBC Bank, without Mr. Li having to spend a penny.

In return, the three major funds in Lijiapo will become shareholders of Qingyun Investment and Qingyun Holdings. "

Li Zehua was not overwhelmed by the series of big gifts, and said in a deep voice: "I want an equal share exchange from Temasek."

"Yes, the specific figures can be handed over to the professional team for estimation."

Li Yilong was relieved when he heard him say so. "Please believe in our friendship, Mr. Li."

Li Zehua also extended his hand, "I wish our friendship will last forever and our cooperation will be pleasant!"

Li Yuqing became anxious. With just a few words, Great Eastern Insurance didn't get any extra benefits?
He turned his attention to Lin Wei Yao. Although OCBC controlled Great Eastern Insurance through Great Eastern Holdings, he was also a major shareholder of OCBC and Great Eastern Holdings.

There is no obvious difference in status between the two. Now Lin Weiyao has lost Qingyun Investment's shares in just a few words. How can he not be angry?

Lin Weiyao also wanted to make amends, but he couldn't come up with better chips for the time being.

What can he do?
So desperate! (End of this chapter)