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Shares determine the right to speak in the future,
Yi Xiaohai can not care, but Wu Shixiong cannot.
He participated in the competition for the communication pilot city in order to allow Xingfeng Technology to conduct a strategic market transfer.
The establishment of a new company is of great significance.
Wu Shixiong needs to grasp the company¡¯s future business direction.
But Yi Xiaohai generously let him speak, but Wu Shixiong was embarrassed.
"Xiaohai, to be honest, the more shares I want, the better"
He thought about it and decided to be more honest:
"The communications industry needs market support. If it wants to remain competitive, it must invest in enough research and development. Research and development not only requires time and financial resources, but also cutting-edge scientific and technological talents. However, it is difficult for Sichuan Province to meet the development of Xingfeng Technology this time. Cooperation is also an important market shift for the company, so for us, the more shares the better"
China¡¯s current economic development is unbalanced, especially in the northwest and southwest, where the overall level is poor.
The communication industry is an emerging high-tech industry and needs market support.
The economic development of Sichuan Province is relatively slow, supporting facilities are immature, and the investment environment and talent pool are far lower than those in the east and south.
To give the simplest example,
You need upstream and downstream resources to do your project. You can meet all your partners in Shanghai in one day.
But you are in the capital of Shu and if you want to meet, you need to fly back and forth.
Even if the economic cost is not considered, the time cost is a consumption.
High-tech industries, especially the Internet communications industry in the future, will develop in big cities.
So Wu Shixiong¡¯s choice is far-sighted,
He wants more shares, and Yi Xiaohai can understand.
??????????????????????????????????????????????????????????????????? And he can be honest and clear with Yi Xiaohai, which can be regarded as open-minded.
Yi Xiaohai can make appropriate concessions,
"Uncle Wu, I wonder how much capital Xingfeng Technology is prepared to spend?"
"I have prepared tens of billions of funds, plus Xingfeng Technology, but the details still depend on your situation"
After several large-scale operations by Niu Meili and Yi Xiaohai, the Wu family's funds have swelled to an astonishing amount.
¡°But Wu Shixiong¡¯s upper limit for himself is 10 billion.
Because he probably made an estimate in his mind,
The initial investment for the entire project in the communications pilot city should be within 20 billion.
With an investment of 10 billion, plus Xingfeng Technology,
His shares in the new company should be more than 50%, which is enough.
If he is too greedy and takes too many shares, Yi Xiaohai¡¯s share will be reduced.
Although the project does not make money, it may still lose money.
But he can't do that either.
Because Xu Dong approached him to cooperate and participate in the project, a large part of it was because of Yi Xiaohai's relationship with the three of them.
Otherwise, Xu Dong is fully capable of finding other people to cooperate.
so,
He must guarantee Yi Xiaohai¡¯s share.
Yi Xiaohai didn¡¯t have much requirements for the shares. He looked at Xu Li and asked:
"The investment amount agreed last time was 15 billion. Has there been any change?"
"150 is enough in the early stage. If the network needs to be further optimized later, the required funds will be raised"
Yi Xiaohai did some math in his head:
"Xingfeng Technology is now worth about 500 million, plus tens of billions, Uncle Wu will contribute 10.5 billion, I will hold 4.5 billion, and we will hold the controlling share in a ratio of 7 to 3"
Yi Xiaohai¡¯s generosity surprised Wu Shixiong.
His bottom line is actually 51%, 70% has far exceeded his expectations.
"Xiao Hai, what you have done makes me feel a little embarrassed. If not, if we open the 50-50 ratio to 10 billion per person, my Xingfeng Technology will be counted as 1% more shares"
Wu Shixiong is not the kind of person who takes advantage.
Yi Xiaohai is generous, but he cannot be stingy either.
He directly showed his bottom line.
Yi Xiaohai smiled:
"The main operation of the new company in the future will actually depend on you. I will be a hands-off shopkeeper at best. You should hold more shares, and this will help the company's future operations. However, I still have four conditions that you need to agree to ¡¡±
"What do you think."
Wu Shixiong was not in a hurry to deny it. He wanted to hear Yi Xiaohai's conditions first.
¡°In the future I will set up a company"Internet company, I hope that the new company established now can be strategically consistent with my Internet company"
"This is natural."
Now the Wu family, Niu family and Wei family in Shu capital have fully cooperated with Yi Xiaohai's family.
Niu Meili and Yi Xiaohai make all the difference in finance.
The Wei family has joined forces with Yi Xiaohai in the hotel industry.
In the future, the Wu family will also cooperate with Yi Xiaohai in the communications industry.
They are now allies, which is necessary when their strategies are consistent.
"Second, if the new company needs funds for its later development, whether it is financing, additional issuance or other methods to raise funds, I have the priority to increase capital. If both of us jointly increase capital, it will still be based on the ratio of 7 to 3"
Wu Shixiong nodded and agreed without even thinking about it.
Because this condition does no harm to the new company or to him personally.
On the contrary, it is very beneficial.
And with the financial strength that the Wu family wants to have, there is no need to raise funds from outside at all.
But Yi Xiaohai was not finished with this point yet. He added:
"Third, if the company chooses to go public, my shareholding ratio cannot be diluted"
Yi Xiaohai finally put forward his real core request.
Wu Shixiong was also a little embarrassed.
The listing of a company is actually the issuance of additional shares, which is commonly referred to as the issuance of new shares.
Adding tens or hundreds of millions of shares to the original shares,
These new shares are then put into the market and sold to others at the subscription price.
Investors get stocks, and the company gets funds.
In this process, the shareholding ratio of the company¡¯s original shareholders will inevitably be diluted.
If it is now stipulated that Yi Xiaohai's proportion will not be diluted, it will be equivalent to putting shackles on the company.
"Xiao Hai, this request is a bit too harsh"
Wu Shixiong did not refuse, but he also expressed his attitude.
¡°Then let¡¯s change the approach. The third article is actually similar to the second article. We refer to the second article and give priority to purchase the additional shares and maintain the 30% ratio"
??Yi Xiaohai insists on a 30% ratio, not for the sake of gain, but for the right to speak.
If the company chooses to go public, 30% of the shares is a relatively safe line.
"This is acceptable¡¡"
When a company goes public, the stock will be sold to anyone.
This request is not too much.
"The last condition is that I need a veto power"
In the normal operation of the new company, Wu Shixiong takes the lead and Yi Xiaohai will not interfere.
But when it comes to the general strategic direction, Yi Xiaohai must take control personally.
Because he knows where the future communication development direction is.
He has now begun to lay out the plan. Although the new company is not a core link, it is definitely very important.
Yi Xiaohai needs to have some control at critical moments
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