Minister Zhao was already complaining about Li Mingbao and his gang at this time. You guys want resources and strength, so why do you have to stick to the hotel? You can find talents to run hotels, but can¡¯t you find talents in other areas? Do you have to hang around on this piece? But Li Mingbao¡¯s reasons were reasonable, and he did not cause any trouble to the mainland at all. He was still thinking about the mainland and brought all the dry food with him. Minister Zhao has never seen an investor like this who is bent on losing money without giving the mainland a reason to refuse. "No problem, of course there is no problem. With Mr. Yang Zhi and the others, there will definitely be no problem opening a hotel in China. We are actually worried that your Li family will lose money when you open a hotel in China. Since you are so fully prepared, then There is nothing more to say. As long as it complies with domestic regulations, this matter can be settled like this," Minister Zhao said with a bit of laughter. "Losing money? Probably not. After all, the market in mainland China is so big, and our hotels are all opened in big cities. The consumption power of big cities is completely different from that of small and medium-sized cities. So in terms of the market, we are actually better than you. Even more optimistic. Besides, even if we lose money upfront, it doesn¡¯t matter. The total amount is only 100 million Hong Kong dollars, which is not a big deal. If we really cooperate in the future, with tacit cooperation, we will be better than others in other industries. The investment will not be smaller than this amount. Anyway, our Li family is very optimistic about the mainland market, otherwise we would not let the mainland control the hotel we opened." After hearing what Minister Zhao said, Li Mingbao was completely convinced. I understand why Minister Zhao insisted on saying a few more words on the hotel issue. It stands to reason that the mainland would definitely welcome an investment like this from the Li family. With so much money, you only need to buy a few hotels to get it. Why don't you give it to me for free? Before, Li Mingbao thought that the hotel business had actually been attracted by foreign hotel industry leaders for a long time. The reason why he has not entered now is because some conditions have not been met, so there are no hotels of this type in mainland China. It is because of this that Minister Zhao set up some obstacles for the Li family on this issue. "I didn't expect that Minister Zhao's last words revealed something. It turned out that the mainland was afraid that their Li family's investment would lose money, so they said that. Speaking of such thoughts, whether Li Mingbao was moved or not, of course he was. After all, no one has ever heard of anyone saying that the mainland has ever worried about market issues when foreign capital invests in the mainland. Now that the Li family actually enjoys such treatment, it is really not easy. Moreover, the capital provided by the Li family is really not that big. It is only 100 million Hong Kong dollars in total. It is not easy for the mainland to pay so much attention to it. . Now that he understands the problem, Li Mingbao naturally feels ridiculous about some of his previous ideas, and puts this concern aside. The Li family is not afraid of losing money. What they want is to be willful. Even the equity is owned by the mainland, so what else can you have? Not satisfied? "Well, in this case, there is no problem with the hotel. Your Li family's investment amount is HK$100 million, and we will also use more chips to cooperate." Minister Zhao said. "There is a small problem, Minister Zhao. Although the majority of the hotel's equity is with you, our Li family also requires a condition that is not too excessive, and that is the right to operate. Basically all foreign businessmen enjoy this. I wonder if our Li family's investment will enjoy such treatment?" Li Mingbao asked with a smile. To be honest, Li Mingbao really doesn't care about the issue of taking the majority of the mainland's equity. With his methods, as long as the mainland relaxes its restrictions on foreign businessmen, the Li family has a thousand ways to kick out the mainland's collaborators. Going out, a single share dilution can solve all problems. Mainland China can invest such a large amount of capital into this hotel now, but they may not be willing to continue investing in the future. Because the investment now is because the higher-ups pay attention to this issue and clearly mark the price, the mainland side has to set an example with its own good products. But when the investment is increased in the future, this project will not be the focus of the higher-ups, but They don't have the ability or ability to ask the people below to control such huge resources, so they will definitely not agree to the issue of increasing investment. Even if they agree, they don't know how many years it will take to study it, but Chinese and foreign A joint venture is all about efficiency. If you are a foreigner, the foreign capital has the right to forcibly pass such a resolution within a certain period of time. As long as the resolution is passed, it won¡¯t be a big deal even if mainland China controls 70% of the shares and will be diluted into a minority shareholder in the end. What's more, in this investment of the Li family, although the Li family does not have absolute control, it still has 49% of the equity. In other words, as long as the Li family is willing and there is a legal basis, then the Li family can slightly increaseWith a little bit of capital, we can win over the mainland's equity and become the second shareholder, which is the position occupied by the Li family now. It is precisely because of this problem that Li Mingbao does not attach too much importance to equity. What he really cares about is the issue of management rights. The most important thing for foreign businessmen investing in the mainland is the issue of management rights, because this thing plays a very important role in the management of the company. Without management rights, the company can only rely on those from the mainland to operate, no matter how large the investment amount is. It doesn't make much sense either. The quality of managers in state-owned enterprises is no secret to foreign investors now investing in mainland China. If you let them run it, no matter how much money you have, it will be wasted. Therefore, as long as investors in the mainland, no matter how small the project, the first thing they have to deal with is the issue of management rights. Although the mainland also attaches great importance to this right, after all, only with the right to operate can they have a say. Without this thing, even if the mainland holds a large share, they will not have more say in the company than foreign investors. Therefore, every time the mainland introduces foreign investment, it does not say that the management rights will be directly handed over to foreign businessmen. It usually requires negotiation. Although the results of each negotiation are not ideal for the mainland, no matter how small the enterprise is, in the end, The management rights are all with foreign investors, but the mainland does not give up every time. Of course, it is injured every time. This is about to become an unspoken rule of foreign investment. But unspoken rules are unspoken rules and cannot be stated openly, so when Li Mingbao raised this issue, Minister Zhao pretended to frown and said: "Management rights are not a matter of treatment or treatment. Although our country When attracting foreign capital, we should focus more on absorbing experience that is beneficial to our country from the operating experience of foreign capital. And the management rights will test the ability of the cadres. Especially for such a large project, if the management rights belong to your Li family. So how can our people absorb the experience? Especially if you have talents who have studied at the Hilton Hotel, their abilities are already very good. If the management rights are in our hands, then Yang People like Mr. Zhi will be able to play a big role, and our country will be able to quickly cultivate a group of operators with international capabilities. Therefore, we still have to carefully consider the issue of management rights. " Minister Zhao's words. , absolutely not wrong. Although the slogan of replacing market with technology was put forward several years later, mainland China's top leaders actually already have such an idea. Those large-scale enterprises that affect people's livelihood issues, such as steel and automobile enterprises, are different from ordinary foreign-funded enterprises. The management rights of such enterprises are actually controlled by the mainland, but although the management rights are in the mainland However, the Germans have also taken away a considerable degree of freedom by relying on technology. In some aspects, the mainland's management rights are not easy to use, and the Germans have the final say in everything. ??The meaning of Minister Zhao¡¯s words is that the overall management rights are controlled by the mainland, but for certain aspects, management talents of the Li family must be consulted, so that both parties can benefit greatly. But Li Mingbao doesn¡¯t think that his small hotel can compare with companies like Volkswagen. If the management rights were really handed over to the mainland, then there would be no need for this hotel to open, because it would be destined to be abandoned by the times. The reason why Volkswagen can still have a lot of power among Shanghai Volkswagen after giving up its management rights depends on the strength and technology of their company. If the mainland squeezes too hard and Volkswagen simply stops playing, the mainland will take advantage of Volkswagen. Not much can be done. Therefore, the mainland is very careful when dealing with the Germans, for fear of problems. If such a large automobile factory is destroyed, a large number of people will be implicated. ¡°But the Li family is not as awesome as the public. When it comes to technology, as long as the mainland sends two people to learn sincerely, it won't be long before the hotel's software technology is not difficult at all. Even if they don't learn from Li Mingbao but go abroad to learn from it, the effect will be similar. Therefore, for the mainland, the Li family is not a necessary person. Even if they break up, they can continue to do it. Especially when the mainland has the operating rights, and they are still the major shareholders, although Li Mingbao's 100 million Hong Kong dollars seems to be a lot now, it is really not enough for them. After the hotel is officially put into operation and a large amount of benefits are obtained, then It will have to be two or three years later, and two or three years later, Li Mingbao's investment of 100 million Hong Kong dollars will not be so conspicuous. Let alone the issues that the top management pays no attention to, the people below will eat it directly without difficulty at all. , in the end, the Li family's 100 million Hong Kong dollars was really thrown into the water, with no impact at all. Let alone becoming an exclusive hotel chain, these hotels can be directly used as nursing homes by them. Under such circumstances, how dare Li Mingbao agree to give up the management rights? It is just a waste of his own money.Inside, Li Mingbao would rather give money directly than people from mainland China interfere with the management of the hotel. If Li Mingbao and the others give up this power, things in the hotel will be nothing but hahaha. "Hotel management experience is actually not that difficult. It takes a certain amount of time to cultivate a large number of talents. If there is an urgent need for this in mainland China, our Li family can also contact hotels in the United States to provide internships. Service. But our Li family will never let go of the hotel management rights," Li Mingbao said firmly.