Financial holding license?

Wang Liu's eyes lit up instantly. This is a heavy license.

He has learned a lot about this situation these days and knows the significance of the financial holding license.

Ordinary financial licenses are operated in separate industries and can only do business in their own fields. Financial holding licenses can hold other licenses such as banks, securities, funds, etc. at the same time, and operate in mixed industries.

It can also bring huge synergies, such as bank branches, which can also sell products from funds, securities, insurance and other financial services at the same time, and carry out cross-selling, which greatly reduces operating costs and forms a scale advantage, and there are not many benefits.

It is difficult to apply for a financial license, and it is even more difficult to apply for a financial holding license. If he has the opportunity to get a piece, he is of course interested. If he can get it, the future development of Sheng Finance will be more beneficial that day.

But... Xu Tao suddenly asked him over to give him such a surprise?

They didn't know each other before, and they only met for the first time today, so there is no reason to take care of themselves like this.

Wang Liu did not agree rashly, looked at Xu Tao cautiously, and tentatively said: "To be honest, I must have interest, I just don't know how I can get this license?"

Xu Tao smiled and said, "Simple, first, properly handle the debt problems left by Delong. Second, integrate these financial institutions and must appear in a clear and unified identity in the future.

If you do these two points, you will be given priority to the pilot quota."

Wang Liu frowned and said, "Is that all?"

"What about that?" Xu Tao asked back.

Perhaps guessing what Wang Liu was thinking, he smiled and said more: "You are the one who is most qualified as a pilot in China. With Delong's previous experience, I specially asked you here today and remind you that you must not have any more trouble, otherwise it will be difficult to choose our goal."

Wang Liu breathed a sigh of relief. He was worried about any special additional requirements. Unexpectedly, only these two items seemed to be thinking too much.

"Don't worry, I will try my best to do these two things."

...

Xu Tao asked Wang Liu to come here for these two things. After saying that, it was fine. Wang Liu didn't stay any longer. He chatted for a few words and found an excuse to say goodbye and leave, and called Zhou Zhixiong directly when he went out.

Zhou Zhixiong was also waiting for his news. When he received a call, he asked directly: "Mr. Wang, the talk is over? What's Xu Tao asking you for?"

"Good thing."

Wang Liu smiled and said: "The regulators intend to issue two private financial holding licenses. As a pilot program of mixed operations, one of them was originally considered Delong, but unfortunately Delong had no life. Before the license was issued, a crisis broke out.

Now we need to change the target, and we, who have taken over all Delong's financial assets, have been considered by the regulators.

Xu Tao asked me to come here today to tell me about this.”

Wang Liu knew the weight of the financial holding license, so Zhou Zhixiong, a professional financial expert, was naturally more aware of it. After hearing this, he was excited: "Oh, that's a good thing. If you can get the financial holding license, the company will develop more smoothly in the future."

Wang Liu smiled and said, "Don't be too happy first. The above also made a request. If you want to get a license, we must do two things. First, properly resolve the debt problems left by Delong.

Second, do a good job in integration, and the financial institutions we take over must appear in a unified capacity in the future.

However, these two points are already in our plan. Even if Xu Tao doesn't mention them, we will do this. These two requirements are actually dispensable to us. More importantly, we must do these two points as soon as possible and take down the license first, so as not to have too many dreams.

You and Jiayi are trying to solve the integration and debt problems as soon as possible.”

"I understand, don't worry, Jiayi and I will integrate the company as soon as possible and resolve the debt." Zhou Zhixiong agreed with a smile.

...

I have contacted shareholders of various institutions before and have reached a consensus on integration, but there is no big problem with integration.

Wang Liu has also raised funds. If creditors believe in Tiansheng, it is best to continue to entrust money to them to help manage their finances. If they are not willing, they have the ability to pay off the debt in full directly, and the debt problem is not difficult.

However, it takes time for the company to integrate, and it also takes time to communicate with creditors. Although both problems are not difficult to solve, it also takes a process. After solving them, you have to wait for a while.

Wang Liu was not in a hurry, just wait patiently.

Time came unknowingly, and 2004 arrived as scheduled.

Wang Liu patiently waited for Tiansheng Finance to integrate well and resolve the debt problem, and then obtained the financial holding license, Wang Yan also ushered in his own trial.

The shareholders' meeting gave him an ultimatum, asking him to raise the stock price before the end of the year. Although he tried hard to make many adjustments during this period, cut off the game business, sacked many loss-making projects, and made many attempts, the results were still not optimistic.

The fourth quarter performance increased by 75% year-on-year, but compared with the previous quarter, it only increased by 13%, and compared with the previous quarter's increase, it showed a decline again.

The performance in the last quarter increased by 18%. After the financial report was released, the stock price fell. The performance in this quarter further declined. He could predict it without guessing that after the financial report was released, the company's stock price would fall again.

Not only did the stock price not raise, it fell again. The shareholders' goal set by him was not achieved. He could already have a premonition that what was waiting for him must be to sweep the floor and go out.

He was a little unwilling, but Wang Yan also made a decisive choice. Instead of waiting to be kicked out, he might as well resign on his own initiative, so that he could at least leave some face for himself.

Looking around, he suddenly felt a little reluctant when he thought about leaving the place where he had been working for so long. However, compared with his ex, the Sina founder who was kicked out of the company by the board of directors two years ago, he now has at least much decent.

Wang Yan shook his head and smiled. Looking at the resignation letter he had written, he took a deep breath, got up and went straight out of the door.

...

"Breaking out! Sina President Wang Yan resigns"

"Sina's personnel changes, President Wang Yan suddenly resigns"

"Sina Board of Directors Confirmed that Wang Yan's resignation letter has been received"

Although Tiansheng was overshadowed by the limelight, Sina is still the largest portal in China. The news of the president's sudden resignation immediately appeared on major media, causing a shock.

Wang Liu also saw the news. Apart from being a little surprised, he had no fluctuations in his heart. He had long been lazy to pay attention to the little grudges between him and Wang Yan. His resignation was not worthy of his feelings.

After looking at Zhou Zhixiong and He Jiayi, who were sitting next to him and were discussing the reasons for Wang Yan's resignation with interest, Wang Liu interrupted: "Okay, why he resigned has nothing to do with us, don't worry about him."

Let’s talk about the recent situation, how has the company been integrated?"
Chapter completed!