My 1999

"I have a question, why is Hongmeng selling such a good company?" Xu Hui asked.

Everyone's attention shifted to Xu Liang.

The Hongmeng company sign in front of him, coupled with his unusually young appearance, is really eye-catching.

“Hongmeng’s main business is pan-entertainment and Internet search. Although the Hongmeng website is good, it is not our main business.

Moreover, Hongmeng’s next goal is to strengthen its presence in the international market, and we need a lot of development funds.

Selling the website collection in exchange for valuable development funds and strengthening the main business is a very reasonable operating strategy. "

Facing everyone's questioning looks, Xu Liang spoke calmly in Chinese.

"In the context of the Nasdaq crisis, Mr. Xu still has such courage, which is really admirable."

Unexpectedly, it was a representative of Goldman Sachs who spoke up with praise.

Xu Liang smiled but did not speak.

The protagonist of the shareholders' meeting is Wang Zhidong. He is just a spectator, so it is better not to overwhelm him.

"As for the specific negotiation conditions, due to confidentiality requirements, I cannot tell you shareholders, but when the matter is settled, I will explain it to you personally."

After a pause, Wang Zhidong stood up.

"Dear shareholders, today's shareholders' meeting ends here. We have prepared lunch for you at the Liskar Hotel. You are welcome to move over."

Arriving at the banquet hall of the Ritz-Carlton Hotel, Xinlang prepared a Western-style buffet lunch.

Xu Liang didn't know anyone except Wang Zhidong, and he didn't bother to make friends.

After simply taking a few dinner plates and filling them, he sat down on the chair next to him and ate and drank by himself.

"The chefs in this hotel are average in their skills, and they are not as delicious as Kai Yue's."

Over the past year, his mouth has been spoiled by An Kaiyue.

Therefore, it makes sense to say that if you want to capture a man's heart, you must first capture his stomach.

However, if he does not go to others, others will go to him.

"Mr. Xu."

Xu Liang looked up and saw a blond foreigner appearing in front of him. Having attended the shareholders' meeting, he remembered that this was a representative of Goldman Sachs.

Out of politeness, Xu Liang put down his chopsticks and stood up.

"I am Silva James, the head of Goldman Sachs Global Technology Growth Fund China, and I am currently serving as a director of Xinlang.com."

"Hello, Mr. James."

Xu Liang took hold of the other person's extended right hand.

"Can I sit down?" James smiled.

"certainly."

After the two parties sat down and looked at the food on the table, James smiled.

"Mr. Xu has a good appetite."

"Eating when you are hungry is a biological instinct."

"Mr. Xu is very sincere."

"Thank you. So, does Mr. James have anything to do with me?"

James nodded, "Mr. Xu's Hongmeng company is developing very well and now has a large share of the East and Southeast Asian markets.

We at Goldman Sachs are very willing to help companies with potential like Hongmeng grow. If Mr. Xu is willing, we are willing to inject capital into Hongmeng.

In this way, you don’t have to sell the Hongmeng website collection. "

"Mr. James has a very keen vision, and we at Hongmeng really need financing.

However, selling the website has little to do with whether we can successfully raise funds. "

James's eyes lit up. No matter what the other party said, just accept the financing.

At present, among the Internet companies in the entire Chinese market, Hongmeng Company is the only one that is still growing rapidly and has good profitability.

What's even more rare is that the other party has business not only in one market in China, but also in Japan, South Korea, Southeast Asia, and the entire Greater China region.

The key is that these businesses are developing very well, which is very rare.

Many multinational companies have failed because they were unable to adapt to foreign cultures and environments.

Any company that can thrive in multiple countries is a leader in its industry.

James took out a business card and handed it over.

"Mr. Xu, please be sure to call me after Hongmeng's Series A financing starts."

Xu Liang took it and took a look before putting it away.

“We value Goldman Sachs’ global influence, and Hongmeng is very willing to cooperate with you.”

If you want Hongmeng to develop well, you must not let go of this layer of tiger skin, especially in the international market.

"Then I won't disturb Mr. Xu's meal and take my leave."

James left quickly after getting a satisfactory answer.

However, after this scene fell into the eyes of those who were interested, the second visitor also came over.

Investment institutions are not stupid. They are also very concerned about China's technology market. Of course, high-quality stocks like Hongmeng cannot be missed.

Therefore, by the time the banquet was over, Xu Liang also had a lot of business cards from venture capital companies in his hand.

Just as he was about to leave, he was stopped by Wang Zhidong's secretary, whom he had met once.

"Mr. Xu, Mr. Wang hopes to meet you."

Xu Liang didn’t refuse either.

"Lead the way."

"Please."

Looking at the retreating figure, an inexplicable light flashed in Duan Yongji's eyes.

I left the hotel, came to the car, took out my cell phone and made a call.

"Let's meet in the evening. I'll send the time and location to your phone."

"good."

——

Tea room near the Ritz-Carlton.

"Mr. Xu, we meet again."

After a brief greeting, the two parties sat down.

Xu Liang didn't waste any time.

"Mr. Wang called me here, probably for the acquisition of Hongmeng website, right?"

"Yes. I have been discussing this matter with Mr. Xie of your company for more than a week, but we have never been able to reach an agreement."

There was a pause.

"Mr. Xu, I admit that the revenue of your company's Hongmeng Website Encyclopedia is very good, but the asking price of US$120 million is too high. It is impossible for Xinlang to pay so much money."

Xu Liang smiled.

"Mr. Wang, although I prefer to cooperate with Xinlang, there are many companies interested in Hongmeng website, and the bids are also very tempting.

Therefore, without a sufficient price, I cannot act arbitrarily and reach this deal with Xinlang. "

Wang Zhidong frowned.

This was not the answer he wanted.

"Mr. Xu, if your company persists, it will be difficult for our transaction to continue."

Xu Liang pondered for a moment, "Well, let me take a step back. The transaction price of US$120 million remains unchanged, but I only need US$60 million in cash, and the remaining part can be offset with Xinlang's shares."

Wang Zhidong had thoughts on his face.

Thanks to the continuous growth of Xinlang's advertising business and the continuous decline in debt ratio, their current stock price is relatively stable, and their market value remains at around US$130 million.

If they accept Hongmeng’s plan, they will pay more than 31.57% of their equity.

In addition, Hongmeng Company also holds 8.7% of Xinlang's equity, which will be nearly 6% after being folded into the new company.

Combined, Hongmeng Company will hold 37.57% of Xinlang's equity, becoming its largest shareholder, and will have the right to veto all major decisions of Xinlang.

In other words, Hongmeng will take over Xinlang.

"I'm sorry, Mr. Xu, I cannot accept this proposal."

He was used to being the master of the family in Xinlang, so how could he be willing to have multiple butlers on his head?

Xu Liang was not surprised by his answer.

How many people are willing to give up the power they have obtained?

He did have some plans for Xinlang's management rights and didn't explain much.

"If Mr. Wang doesn't agree to this condition, then you can only pay more in cash, and you do have a lot of cash."

“Xinlang’s cash needs to be used to keep the company running, so it’s impossible to use all of it for trading.”

"After merging Website Daquan, Website Daquan's revenue, plus Xinlang's own revenue, can almost cover the expenses. In three or two months, as revenue increases, you will still have a slight surplus.

Therefore, there is absolutely no need to hoard so much cash. "Xu Liang is good at teaching.

"The Nasdaq crisis has no signs of ending yet. We must hoard enough cash to deal with the crisis." Wang Zhidong insisted.

Judging from the way he was still frightened, it was obvious that he was frightened by the Nasdaq crisis.

But Xu Liang can also understand.

Facing the overwhelming wave of business closures, anyone with a normal IQ will have concerns.

"Mr. Wang, compromise is reciprocal. I cannot compromise repeatedly, but you are always unwilling to compromise. If this is the case, there is no need for us to discuss cooperation."

"Mr. Xu, you have not compromised at all. The value of cash plus equity is also US$120 million."

Xu Liang smiled lightly, "In today's Internet market, cash is much more valuable than equity."

He picked up the tea on the table and drank it in one gulp.

"Mr. Wang, thank you for the hospitality. I have said everything that needs to be said. As for how to make a decision, it all depends on Mr. Wang himself.

Farewell. "

After saying that, he stood up and walked out the door.

Looking at his back, Wang Zhidong opened his mouth, but in the end he said nothing.

The differences between the two sides are too great now, and even Xu Liang cannot promise him anything.

"correct."

Xu Liang, who was about to reach the door, suddenly stopped.

"Mr. Wang, I personally admire you very much when I see how you are working so hard for Xinlang's development, but in my opinion, your company's board of directors has not given you decent support.

And as far as I know, Mr. Wang doesn’t have many shares in Xinlang. "

Xu Liang's meaningful words shocked Wang Zhidong's heart and he stood up immediately.

"What do you mean, Mr. Xu?"

"The meaning is very simple. Instead of being wary of outsiders like me controlling Sina, Mr. Wang should worry more about your enemies within Xinlang.

Fortresses are often breached from the inside.

With that said, I say goodbye. "

Xu Liang smiled lightly, opened the door and walked out.

Wang Zhidong subconsciously wanted to stop him, but stopped when his words reached his lips.

The door is open, and there are many people outside.

It's better to be cautious.

Looking blankly at the opened door, Wang Zhidong was in a state of confusion, with Xu Liang's words constantly echoing in his mind.

"Does he know something?"

At this time, Wang Zhidong's secretary came in. Seeing him like this, he asked carefully.

"Mr. Wang, are you okay?"

Wang Zhidong came back to his senses, took a deep breath and nodded.

"Let's go back to the company."

The secretary didn't dare to neglect, quickly packed up her things and followed.

When Xu Liang came outside the tea room, he glanced in the direction he came from. He seemed to see Wang Zhidong's anxious look.

"I don't know what the effect will be if I knock the mountain to shake the tiger this time?"

What he looks forward to most is a fight between the two sides, and then Hongmeng takes advantage of it and completely controls Xinlang.

But he also knew that there was little hope.

Whether it is Wang Zhidong or Sina's board of directors, they restrict each other. Without convincing both parties, it is impossible to exchange shares with Sina on a large scale.

And it is too difficult to convince both sides.

Rather than waste this matter, it is better to figure it out slowly.

Of course, he thought so rationally, but he couldn't help but remind Wang Zhidong to see if there was any unexpected gain.