&/script> On this day, Feng Yu came to Zhang Ruiqiang’s office again.
"What did you say? Didn't you tell me that you didn't plan to annex other domestic retail groups?"
Feng Yu actually said that Taihua Supermarket Group was going to expand again, which surprised Zhang Ruiqiang. Didn't it just acquire a supermarket group in the United States? Why is it going to annex a domestic retail group again
"Did you know that many of our domestic retail groups have turned into joint ventures? Many European and American retail giants have entered the Chinese market. Do you know what the consequences of this will be?"
"If I don't annex those small supermarket chains, will those foreign investors be able to bear it? By then they will have grown stronger and made a lot of money from us."
Zhang Ruiqiang said with some confusion: "That's not right. The National Council has issued regulations to local governments. Although there are no regulations, no one dares to violate them. Those foreign shares cannot exceed 50%, right?"
The higher-ups have hinted that many industries do not allow foreign investment to hold shares.
Feng Yu rolled his eyes, thinking that this kind of stupid trick came from the National Academy of Sciences. If it weren't for their regulations, perhaps many supermarket chains would never sell 50% of their shares to foreign investors. The people below are deliberately blocking the line.
It seems that the power is still there, but there are many restrictions. If the equity of some supermarkets is relatively dispersed, then foreign capital can control the supermarket group by acquiring other shareholding companies.
Even after becoming the absolute majority shareholder, it may become a sole proprietorship. The major shareholders control the power. If they say dividends, they will pay dividends. If they say no dividends, they will not pay dividends. Small shareholders can't bear it. Shouldn't they sell their shares in the end
"Old Zhang, fifty percent, it seems like half and half, but don't forget, this is China, why should we give them half the power?"
"Then 51%, we will be the majority shareholder?" Zhang Ruiqiang asked.
"That won't work! Think about how our car companies negotiate joint ventures? It's not that joint ventures are necessarily bad. Retail companies in Europe and the United States are indeed very good in terms of operation and management. But let them take 30% of the shares Even if it’s good, we must not let them exceed one-third, and we must ensure our absolute controlling interest.”
"There must also be some priority terms. For example, when they want to sell their shares, we have priority to repurchase the shares. Or we can also set up a mandatory repurchase right clause. If necessary, we can force the repurchase of equity at a high price."
"I'm not saying that I am necessarily opposed to foreign investment, but we cannot give them too many opportunities to develop and grow. Once they reach a certain scale, they will have a considerable impact on our industry."
"Do you think that certain industries in our country will be affected by foreign investors? This situation can obviously be avoided. This is not a high-tech industry."
Zhang Ruiqiang looked at Feng Yu seriously: "Is the matter really that serious?"
"Not yet, but I don't know if there will be in the future. Moreover, this retail industry will also have a certain role in promoting the sales of foreign goods into China and will increase our import volume. Don't we want to stimulate domestic demand now? We can't After a long day of excitement, all the money will end up in the pockets of foreign businessmen, right?"
Zhang Ruiqiang frowned: "Is there no other way?"
"Yes. Have you forgotten that there are still many state-owned retail groups in our country. Let these groups annex those small retail groups to avoid this situation."
"Even if they can't swallow it, they will help raise the purchase price. Those foreign investors will not be able to repay their capital in a short period of time. If there is any change in the industry, they will suffer a big loss!"
Zhang Ruiqiang keenly discovered the mystery behind Feng Yu's words: "You said the industry has changed, what changes will happen to the retail industry?"
Feng Yu didn't intend to say this, but since he let it slip, it doesn't matter if he tells Lao Zhang now. Anyway, as time goes by, the superiors will definitely find out.
"Lao Zhang, have you ever heard of online shopping?"
Zhang Ruiqiang looked at Feng Yu with disdain: "Isn't it just online shopping? I thought it was some new thing!"
"There are many shopping websites in China now, which have also led to the development of the logistics industry. Your brother-in-law's Fengyu Logistics is developing better and better."
Li Shiqiang is Feng Yu's brother-in-law, which Zhang Ruiqiang has known for a long time. When Li Shiqiang married sister Feng Yu, Zhang Ruiqiang even attended the wedding.
"You mean, this online shopping will affect the traditional retail industry?"
In Zhang Ruiqiang's current position, he must have heard of some new things, and the people below will naturally report them to him. Taking charge of the national economy is not an easy task.
However, Feng Yu has also invested in online shopping companies and traditional supermarkets. From these two, it is unclear which side Feng Yu focuses on
"Since you know everything, why are you asking me?" Feng Yu looked unhappy. Since you think this is not new, do you know the advantages and disadvantages of online stores and traditional physical stores
Zhang Ruiqiang and Feng Yu stared at each other. After half a minute, Zhang Ruiqiang was defeated.
"Aren't I asking you for advice? Aren't you an economic expert?"
Feng Yu then said with a satisfied look: "When you can buy any product you want without leaving home, and even have more choices than going to a physical supermarket, will you be willing to shop online? Although it is possible You have to pay some shipping fees, but there must be someone willing, right?”
Zhang Ruiqiang immediately retorted: "That's not right. The shipping costs for some large items are definitely not low. Physical stores deliver them to your door for free, and even include installation."
"And you have to try on clothes, shoes, etc. What should you do if it doesn't fit when you buy it online? Even if you say you can return it, it will take a long time and you have to pay the shipping fee again, right?"
"Also, the best-selling products in supermarkets now are fresh products. Can you buy these online? By the time you come back from online shopping, they will no longer be fresh, right?"
ah? Lao Zhang has really considered these issues, which surprised Feng Yu. However, these problems Lao Zhang mentioned were all solved in his previous life.
"Lao Zhang, have you ever thought about it? Online stores do not have the rent of physical stores, so the costs are naturally lower. They can completely give up the shipping and installation fees, and even allow consumers to save money. You said consumers will Not excited?"
"Although clothes and shoes need to be tried on, general shoes and clothes have sizes. As long as the person knows his own size, he can buy it and it will fit. Even because the price is cheap, even if it doesn't fit well, it will be much larger. People can accept it.”
"As for the fresh food you mentioned, this can also be solved in the future. That is intra-city express delivery, from the nearest fresh food market where you live, to your home." This is how the No. 1 store in the previous life was operated. The income is pretty good.
Of course, this fresh product is actually the best if it is combined with a physical store.
Zhang Ruiqiang looked at Feng Yu's serious look. Isn't Feng Yu joking? So, in the future, physical retail will be impacted by online retail
If this is the case, then why expand? The greater the scale of expansion, the more losses we may suffer in the future
… I’m sorry to say the third update, there will be more updates later.