Rebirth of an Entrepreneurial Life

Chapter 1063 Xu Family District Server

Hearing Chen Ping's words, Xu Tianqi's heart suddenly sank slightly. However, Xu Tianqi had expected Chen Ping's condition, and could only smile bitterly.

Because he knew very well that the entire Xu family in Demon City was like fish on a chopping board, ready to be slaughtered. And the man who was responsible for slaughtering them was the young man in front of him.

After Xu Tianqi took a deep look at Chen Ping in front of him, he continued to discuss with Chen Ping. It is not so easy to acquire the industries under the Xu family in Demon City.

After all, there are dozens of subsidiaries under the Xu family in Demon City, large and small. With so many subsidiaries, internal asset liquidation is not an easy task.

Fortunately, the Xu family in Demon City has extremely strong control over its subsidiaries, especially Xu Tianqi. As the current head of the Xu family in Demon City, all the senior executives of the Xu family in Demon City are convinced by Xu Tianqi.

The reason for this situation is that Xu Tianqi's talent in business is not comparable to that of ordinary people.

Although there is still a certain gap compared with Chen Ping, Xu Tianqi can grasp the situation of all the major subsidiaries of the Xu family in Magic City in detail.

This strong memory and analytical ability also made Chen Ping feel a little emotional.

If it were not for participating in the fight between the two giants, the Kyoto City Alliance and the Magic City Alliance, I am afraid that the Xu family in Magic City would not have fallen into the current precarious state so easily.

Chen Ping had already conducted a detailed investigation of the industries under the Xu family in Magic City. However, after all, he did not have a deep understanding of these industries as Xu Tianqi, so the bargaining between the two sides consumed a lot of time.

After a few hours, they finally negotiated a rough range. Chen Ping's acquisition of the industries under the Xu family in Magic City was divided into two aspects.

One aspect was that the Lin family in Magic City came forward to acquire the retail industry under the Xu family in Magic City. However, among the industries in the retail industry, nearly half of them are supermarket companies.

The supermarket companies in this part were acquired by Pingyu Group.

Xu Tianqi knew very well that the acquisition price must be determined at the first time. Even if it means a loss of several hundred million or even tens of billions, Xu Tianqi would not hesitate.

After all, the longer the time is delayed, the more serious the shrinkage of the industries under the Xu family in Magic City will be.

He would rather give up some of his interests in the negotiation process than waste too much time because of the entanglement of interests.

So in just a few hours, Xu Tianqi and Chen Ping had reached a consensus. The Lin family of Magic City and Pingyu Group joined forces to carry out large-scale acquisitions of the industries under the Xu family in Magic City.

If it were placed in a group enterprise in the secular world, such an acquisition would not be negotiated without one or two months.

After all, this is a large-scale acquisition involving hundreds of billions of yuan, and the companies involved are as many as dozens of companies. The complexity of the affairs involved is simply unimaginable to ordinary people.

However, both Xu Tianqi and Chen Ping have straightforward personalities, and there is not much conflict in this regard. That is why, within just a few hours, both parties have completely decided on this acquisition.

Pingyu Group invested 39 billion yuan to acquire the entire Xu family of Magic City, supermarket companies in more than a dozen provinces in the whole of China.

These supermarket companies vary in size, but at least have assets of more than 1 billion yuan, and the number of employees involved has reached tens of thousands.

As for the other industries of the Xu family of Magic City in the retail industry, they were acquired by the Lin family of Magic City with an investment of 45 billion yuan.

In general, the Xu family of Magic City can obtain 84 billion yuan in funds through this acquisition. This amount of money, if placed in the eyes of ordinary people, is already an astronomical figure. However, at this moment, Xu Tianqi's heart is bitter.

You know, the previous Xu family of Magic City had a total asset of 200 billion yuan. Among them, 120 billion yuan are the assets of major subsidiaries, and the Xu family of Magic City still has nearly 90 billion yuan in working capital.

However, after more than half a month, the working capital in the hands of the Xu family of Magic City has been consumed by more than half, and only tens of billions of working capital are left.

Now, after selling these industries to Pingyu Group and the Lin family of Magic City, the remaining subsidiaries in the hands of the Xu family of Magic City are only a few.

These subsidiaries are not the key development subsidiaries of the Xu family of Magic City. Although the prospects are not bad, there has never been too much capital invested in them, so they are also developing tepidly.

In general, the total assets of these subsidiaries are probably less than 10 billion.

In other words, after this acquisition, the Xu family of Magic City only has less than 10 billion subsidiary assets. Adding 84 billion working capital, the total assets of the entire Xu family of Magic City are less than 100 billion.

This means that the Xu family in Magic City has completely shrunk by more than half. The most important thing is that there are not many subsidiaries left under the Xu family in Magic City. In this way, it is naturally impossible for the Xu family in the Magic City to continue to exist as a hidden family.

In other words, from now on, the Xu family in Magic City is no longer a hidden family, but a group enterprise that needs to develop from scratch, but has a large amount of liquidity in its hands.

But for the Xu family in the magical city, this can be regarded as a perfect path. In fact, a few years ago, Xu Tianqi had thought about developing the Xu family in Magic City into a modern management group.

However, as a hidden family, the industries controlled by the Xu family in Magic City are too complicated. It is extremely difficult to bring together so many subsidiaries into a modernly managed group enterprise.

There is simply no way to accomplish this without large-scale streamlining of the industrial system.

Now, although the Xu family in Magic City has suffered an unparalleled and huge blow, it can be regarded as providing a possibility for the future development of the Xu family in Magic City.

With such a huge amount of liquidity in hand, the Xu family in Magic City can start over from scratch. Maybe, in the future, with Xu Tianqi's business talents, the whole Xu family in Magic City will one day make a comeback.

However, Xu Tianqi also knew very well that it would probably take at least several years, or even decades, for the Xu family in Magic City to make a comeback and reach its previous peak level.

But no matter what, the Xu family in the magical city was finally saved for the time being.

During the discussion between the two of the dozen or so senior figures of the Xu family in the study room, no one said a word, and everyone's face looked a little gloomy.

After all the matters were discussed, Chen Ping did not want to waste any more time. Because he knows very well that now that the acquisition has been completely decided, he must go back as soon as possible.

He wants to immediately mobilize the assets under the Lin family and Pingyu Group in Magic City to stop the attack on the subsidiaries of the Xu family in Magic City. Otherwise, Pingyu Group and the Magic City Lin Family may have to bear a higher price after the acquisition is completed.

After Chen Ping left, in the study room of the Xu family in Magic City, more than a dozen senior figures from the Xu family in Magic City looked at each other, but no one said a word.

After a long time, Xu Tianqi took a deep breath, and his face gradually calmed down completely.

Xu Tianqi slowly looked at the people in front of him, and then said in a deep voice: "Everyone, our Xu family in the Magic City has come to this point. No one wants to see such a situation."

"But things are fickle. Now that we have temporarily preserved the Xu family in Magic City, we need to discuss the future development direction of the Xu family in Magic City."

"According to my opinion, the Xu family in Magic City can no longer continue the old path of hiding the family. With the development of the times, the development model of the hidden family has gradually fallen behind."

"What can really have an infinitely bright future should actually be a group enterprise model with modern management. Of course, after all, our Xu family in the Magic City was once a hidden family, which has certain special characteristics."

"Although we can learn from the management model of modern enterprises, it also needs to have certain special features. We still need to discuss the details in detail."

"In addition, the Xu family in our magical city has only a few subsidiaries left. Although their scale is not too large, their total assets are less than 10 billion."

"But no matter what, this can be regarded as the foundation of our Xu family in Magic City. The reorganization of these subsidiaries into a group enterprise also needs to be put on the agenda."

"These things need to be discussed and completed in the shortest possible time. Let's discuss it now."

Afterwards, more than a dozen senior figures from the Xu family in Magic City looked at each other, and then they all joined in the discussion.

Next, what the Xu family in Magic City needs to do is, on the one hand, to discuss and decide the future development route of the family, and on the other hand, it needs to connect with Hepingyu Group and the Lin family in Magic City.

The Xu family in Magic City needs to hand over all their properties to Pingyu Group and the Lin family in Magic City. However, this matter had already spread that night.

There is no airtight wall in the world. The large-scale acquisition of the Xu family in Magic City has spread throughout the entire Magic City in a very short period of time.

Within the confines of the Magic City, hundreds of hidden families, large and small, were all shocked after hearing the news.

Although they had already noticed a few days ago that the Xu family in the magical city was in a precarious situation. But no matter what, in their impression, the Xu family in Magic City could still hold on for at least a day or two.

If they can persist for more than three days, then the Magic City Alliance will naturally be able to take action to save the Xu family in Magic City from danger.

But no one expected that the Xu family in Magic City would sell most of all the subsidiaries under their name to the Pingyu Group and the Lin family in Magic City so neatly.

As a result, the Xu family in the magical city no longer exists.

Such an incident, let alone those hidden families who were watching the fight from the sidelines, even the nearly 20 hidden families in the Demon City Alliance were shocked after hearing the news.

Especially Wang Chengye, the head of the Wang family in Demon City, was furious after hearing the news.

It is rumored that after Wang Chengye got the news, he smashed his study to pieces. Even outside the villa, Wang Chengye's roar could be vaguely heard.

However, the high-level figures in Demon City were not too surprised by Wang Chengye's reaction.

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