Sprinkle coins every day
Page 311
"Then I'll wait for your reply in Binhai City!"
Wang Xin showed unusual persistence, the kind that would not give up until the goal was achieved.
"what ever!"
.........
In the afternoon of the same day, Zhang Shuo held an online video conference through Feixun Conference.
Lu Kai, Pei Weiping, and Du Qingqing attended the meeting.
"Everyone express their opinions first."
After Zhang Shuo introduced the basic situation, he was not in a hurry to express his opinion, but first asked for everyone's opinions.
He hasn't made up his mind yet.
"Purely from the perspective of business complementarity, the acquisition of Meituan is indeed a great reinforcement to Qingcheng Group, but the funds of Qingcheng Group have already been used for the plan, and there is no additional funds to support this acquisition."
Pei Weiping was the first to speak.
After the A round of financing, if the Green Orange Group lacks money, there is no way to directly transfer it from Germination.
It is impossible for Mengya to be taken advantage of by this person.
"If you want to buy, it can only be a capital increase." Pei Weiping added.
The so-called capital increase refers to the behavior of the company to increase the registered capital according to law in order to expand the scale of operation, broaden the business, and improve the company's credit rating.
For example, if the capital increase is 20 billion, then all shareholders of Qingcheng Group need to subscribe according to their shareholding ratio. Germination, as the major shareholder of Qingcheng, needs to subscribe 16%, which is [-] billion.
It's also quite a challenge.
"It's not necessary to increase the capital, it can be merged." Lu Kai has a different view.
"How to merge?"
"It is to take Qingcheng Group as the main body, absorb the mold group, and determine the share exchange ratio according to the valuation of both parties. After the A round of financing, the valuation of the Qingcheng group has exceeded 200 billion. The valuation of the mold group is only 20 billion. The two companies can exchange shares at a ratio of 1:10. It is equivalent to giving out 10% of the shares of Qingcheng Group in exchange for 100% of the shares of Meituan." Lu Kai is indeed a master of capital operations.
"That's a good idea." Zhang Shuo nodded.
It is equivalent to saying that the Green Orange Group swallowed the mold without spending a penny.
Immediately it felt wrong again.
"The discussion now is not how to buy, but whether to buy or not?"
how to feel.
On the matter of acquiring the mold group, did they reach a consensus right away?
"If you can absorb mold without using cash, I support it."
Pei Weiping expressed his opinion.
"The user information and merchant information that the group has accumulated since the group buying, as well as the operating experience in the local life service field, are a reinforcement for Qingcheng Group." Du Qingqing also agrees.
Of course, Lu Kai had no objection. "Let me add one more point. The 1:10 share swap I mentioned just now is just a metaphor. The specific ratio can only be determined after evaluation by the Investment and Acquisition Department."
According to the valuations of both parties, the 1:10 Green Orange Group feels that it has lost money.
Although the merger does not need to squeeze the cash of the Green Orange Group, if the Green Orange Group is willing, it can also easily raise 30 billion acquisition funds by launching the B round of financing.
There is actually no essential difference between the two.
The only difference is that the B round of financing is the introduction of new investors, and the merger and exchange of shares is tantamount to introducing the former shareholders of Meituan as "new investors" to Qingcheng Group.
Take a chestnut.
Ari holds 18.78% of the shares of Meituan, so after the 1:10 share swap, Ari will turn to hold 1.878% of the shares of Qingcheng Group and become one of the minority shareholders of Qingcheng Group.
Including Scarlet Capital, the deadly rival, will also become a minority shareholder of Green Orange Group, holding 1.228% of the shares.
And from the perspective of Wang Xin's management team, their entire team still holds 69% of the shares of Mild Group, so naturally they hope to be merged by Qingcheng Group instead of being acquired by cash.
In that way, Wang Xin's team will hold 6.9% of the Qingcheng Group's shares and become the second largest shareholder of the Qingcheng Group in one fell swoop, ensuring that they can gain a firm foothold in the Qingcheng Group instead of being excluded.
This is also the bottom line of Wang Xin's team.
"Since everyone agrees to acquire Mold Group through merger, then the next question, Wang Xin proposed to be the executive vice president, or even the president of Qingcheng Group, how should I reply?" Zhang Shuo asked again.
"Surely the president can't do it?"
Seeing that the two parties involved, Pei Weiping and Du Qingqing, were reluctant to express their views, Lu Kai stood up decisively, "As for the executive vice president, that also conflicts with Mr. Du's position. I suggest that at most one vice president position can only be given."
Du Qingqing is the senior vice president of Green Orange Group. The original arrangement was that after Zhang Shuo stepped down as the chairman of Green Orange Group and Pei Weiping took over, Du Qingqing would take over as the president.
Now, breaking into such a variable as Wang Xin suddenly disrupted the personnel arrangement of Qingcheng Group.
"How about I resign, and President Pei will be the chairman of the Green Orange Group, President Du will be the president of the Green Orange Group, and Wang Xin will be the executive vice president?" Zhang Shuo gave a solution.
"I don't feel right."
Lu Kai objected again, "After Qingcheng Group integrated the mildew group, the internal factions have become more complicated, and you need Mr. Zhang to sit in charge. If you step down as the chairman of Qingcheng Group at this time, I am afraid that there will be more troubles."
There is another point that Lu Kai didn't say clearly.
That is, once Zhang Shuo resigns as the chairman of the Green Orange Group, there is a possibility that the Green Orange Group will break away from Germinal's control. Although this possibility is very small, we have to guard against it.
Even if it is said that Zhang Shuo resigned, it should be a senior executive of the Germination Group who concurrently assumes the position of chairman of the Green Orange Group, not Pei Weiping.
The most suitable position for Pei Weiping is the current position of president, unless he is promoted to the Germination Group.
"Qingcheng Group cannot do without Mr. Zhang."
Pei Weiping also followed up and stated that this was not a high-spirited, but after carefully weighing the pros and cons, it was indeed difficult for him to control the situation by himself, and he needed Zhang Shuo to sit in charge.
"I agree with Wang Xin as the executive vice president of Qingcheng Group."
Unexpectedly, Du Qingqing, the focal figure, stood up on his own initiative and said that he would let Xian.
"Are you sure? There is no joke in the workplace."
Zhang Shuo's eyes were fixed.
"Definitely." Du Qingqing said with a smile in his clear eyes, "I originally planned to go to Huipu Business School for further study this year. It just so happens that Wang Xin is coming, so it's easy."
"Come to my office tomorrow."
Zhang Shuo neither agreed nor refused, and was going to have a good talk with Du Qingqing face to face.
See if there is something hidden inside.
The video conference ended in a slightly awkward atmosphere.
.........
The next day is Thursday.
Zhang Shuo was going to school, but in order to wait for Du Qingqing, he asked the teacher for leave.
Fortunately, there will be fewer classes in the next semester.
At ten o'clock in the morning, Du Qingqing appeared in Zhang Shuo's office.
Compared with more than a year ago, the proprietress of Qingcheng Xiaozhu, who was still a little green, has been in the position of senior executives all year round. Under the influence of the general environment, Du Qingqing looks more capable, not to mention, with her own aura.
The kind that walks with the wind.
On the outside, with the blessing of good looks, he is already a well-known professional manager.
It's just that Du Qingqing, like Zhang Shuo, acts introverted, doesn't like publicity, and never makes a big splash in front of media reporters, and makes some shocking remarks from time to time.
He rarely even gives interviews to the media.
It can be seen that in some respects, Du Qingqing is deliberately learning from Zhang Shuo.
"Why do you suddenly want to study at Huipu Business School?"
With Du Qingqing, of course Zhang Shuo didn't need to go around in circles and say what he had to say.
Although since the headquarters of Qingcheng Group moved to Yangcheng, the opportunities for the two to meet in reality have been greatly reduced, but Zhang Shuo still receives Du Qingqing's artistic photos from Chen Xiaowan from time to time.
He was skeptical.
Du Qingqing already knew that Chen Xiaowan was a traitor.
"It wasn't sudden, it was planned before, and Mr. Pei knew about it." Facing Zhang Shuo again, Du Qingqing no longer had any pressure and could deal with it calmly.
"What's the reason?"
Zhang Shuo really didn't know about this, so he was negligent.
"Since the financing of Qingcheng Group, the business system has become more and more complicated, and the things that need to be dealt with have become more and more complicated. I am not afraid of your jokes. Bring about heavy losses." There was a trace of exhaustion in Du Qingqing's voice.
"So you want to study and recharge?"
"Yes." Du Qingqing nodded, "I don't have your innate talent. I belong to the stupid type of person. I can't improve myself only in work practice, and I need to make up the theory lesson."
This does not mean that Du Qingqing has no ambitions.
The fact is just the opposite. It is precisely because she wants to go further that she plans to recharge halfway in time and lay a solid foundation for climbing higher in the future before showing timidity and making mistakes.
Go enjoy the beautiful scenery on the upper level.
"I didn't expect that."
After hearing Du Qingqing's explanation, Zhang Shuo's anger disappeared, but he took a high look at Du Qingqing.
It is indeed the person he chose in the first place.
"You want to strive for progress, of course I won't stop it, but why did you choose this time?" Just because he valued Du Qingqing, Zhang Shuo had to explain clearly and analyze the stakes for Du Qingqing.
"Wang Xin is not fighting alone. Once the mold group is merged into the Qingcheng Group, the entire founding team of the mold group will join the Qingcheng Group. To be more straightforward, Wang Xin will never be alone as the executive vice president of the Qingcheng Group. Dou, I believe that he will be able to gain a firm foothold in the Green Orange Group soon and arrange all his people properly."
"Have you ever thought about it? It is very likely that when you come back from further studies, Qingcheng will no longer have your place."
This is a very real thing.
The workplace is never one, especially when it comes to competition among executives.
"That's better than being forced out due to lack of ability in the future." Like Zhang Shuo, Du Qingqing is actually a very dignified person at heart, and he is also very unwilling to admit defeat.
Once something is decided, even nine cows can't pull it back.
"Since you have decided to bear the consequences, then I will not say anything. I will greet Director Wu at Huipu Business School. After all, he came from there and is familiar with the situation!"
Of course Zhang Shuo also hoped that Du Qingqing could really learn something in the business school.
"Thank you!"
Du Qingqing blinked her eyes, but didn't say much after all.
"When you are studying, you have time to learn more about e-commerce."
Zhang Shuo couldn't bear it after all.
Du Qingqing can be said to be the only executive trained from scratch within the Germination Department, but he still inevitably hit the career ceiling.
Big brother Wang Yan is also counted, but after all, he is taking the technical route.
It's not the same as Du Qingqing's management line.
Regarding such an internal direct line, whether it is from the perspective of the company or from a personal perspective, it is impossible for Zhang Shuo to let Du Qingqing go. Instead, he is more willing to give her more opportunities and platforms for experience.
I hope that one day Du Qingqing can really grow up completely and be on her own.
"E-commerce?" Du Qingqing was a little confused, and then thought of something, "The group will enter the e-commerce industry in the future? But e-commerce is already a highly competitive industry, is there still a chance for us?"
"Look at this."
Zhang Shuo didn't explain much, he got up and showed Du Qingqing the plan of Pin Xixi.
Du Qingqing looked at it seriously.
Not for anything else, just because this planning plan comes from Zhang Shuo's hands, then it must be famous.
"Pinxixi has been handed over to the technology center for incubation. When you come back from advanced studies, it will be about to go online. If you want, I can hand it over to you." Zhang Shuo said his plan.
Since Qingcheng Group may not have Du Qingqing's position in the future, the choice left to Du Qingqing is either to be transferred to the group headquarters, or to develop new business for the group.
It is difficult to have a third option.
On the side of the group headquarters, the senior management was relatively complete. For a while, Zhang Shuo really couldn't find a position that was more suitable for Du Qingqing.
Only then did he settle for the next best thing and thought of the Pinxixi project.
Du Qingqing started out as a new retailer, and has experience in operating the Qingcheng app, so it fits well with Xixi's new e-commerce business.
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