Personnel Integration After Hangzhou Tower'S Reconciliation With Lily

In the business world, Hangzhou Tower has made outstanding achievements, and its sales volume has been the highest in the country's single store sales for many years. (by 2011, it was surpassed by Beijing Xinguang world).

In 2014, Hangzhou Tower sales volume was 5 billion 900 million yuan, ranking third in the country.

Therefore, the case of Hangzhou Jie Bai merger and acquisition of Hangzhou Tower is often understood by the reverse side.

It was not until August 26, 2014 that Hangzhou released 100 billion copies of the takeover report to confirm that the 60% acquisition of Hangzhou Tower was officially settled.

With the completion of the 60% acquisition of Hangzhou Tower in August, the performance of the Hangzhou branch has improved significantly.

In the first three quarters of 2014, net profit reached 183 million yuan, an increase of 157 million yuan over the first half of the year, of which Hangzhou Tower contributed the main profit.

On Wednesday night, Hangzhou released the announcement that the former chairman Zhou Zili resigned from the chairman and two directors of the strategic committee of the board of directors due to the adjustment of the work arrangement. The new chairman was taken over by Tong Minqiang, the chairman of the current Hangzhou Tower.

At the shareholders' meeting held on the same day, Tong Minqiang, Yu Yong and Ren Haifeng were elected directors of the board of directors.

Subsequently, the board of directors decided to elect Tong Minqiang as chairman of the board, Zhou Zili as vice chairman and Yu Yong as executive deputy general manager.

At the same time, Zhang Hongli, Wang Long, Bi Ling and Zheng Jin shall be appointed as deputy general managers of the company, and they shall be relieved from the position of executive deputy general manager of Wang Long company.

According to the eight person list mentioned in the control announcement, the reporter found that except Zhou Zili and Wang Long for the former hundred executives, Ren Haifeng came from the "Hangzhou hundred release" controlling shareholder Hangzhou Business Travel Group Co., Ltd., and the remaining five were from Hangzhou Tower.

Plus the original Chen Lin,

Among the top four executives, nearly half of the new Hangzhou "Xie Bai" top management team comes from Hangzhou Tower and Xie Bai.

As for the personnel changes and the cooperation between the two shopping malls, Tong min Qiang said, "the two unions must be good, which means the beginning of a new pattern."

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Building and Jie Bai were originally single stores. In recent years, the advantages of single stores are slowing down. At the very beginning, the two groups formed "group army", including Hangzhou Tower, Jie Bai, "501", Lanxi and Yiwu five stores, which not only injected Hangzhou Tower into the "blood" but also accelerated the rectification of its own thinking and development to form an overall advantage.

Tong Minqiang said.

Secondly,

It is considered that listed companies have the advantage of platform, and if they are able to make effective use of the advantages of Listed Companies in pition under the new normal, they will be a good opportunity for both companies.

Earlier, insiders had speculated that as the Hangzhou Tower and JE hundred were state-owned, there were some common problems in the merger of SOEs, such as problems in personnel arrangements.

There are three combinations of mergers and Acquisitions: integration of business, integration of culture and integration of teams.

Among them, team integration is the most critical and the most sensitive.

The newly formed "Hangzhou Baidu" team wants to make the two old shopping malls reborn and continue to be brilliant. It is still a long way to go.

Although the integration of the two shopping malls can complement each other and play a role of "group army", facing the "encirclement" of 4 intime department stores on the same road in Yanan, the competition of more and more external department stores, shoppingmall and electronic business platforms, how to relocate and adjust, and find a suitable business model for future development is still the biggest challenge facing the new team.