Chapter 191: Chapter 191 Successful Acquisition
Chapter 191: Chapter 191 Successful Acquisition
Three o'clock in the afternoon.
Xu Yang and his entourage arrived at the Qianjiao Company.
The Qianjiao Company was located in an industrial park.
Zhang Qiuxue, the general manager of Qianjiao Company, together with her executives, welcomed them at the company's main entrance.
Zhang Qiuxue was a woman in her thirties, very beautiful, and dressed in a stylish women's suit that made her look very competent.
On the way there, Tang Zhengqi mentioned that Zhang Qiuxue was unmarried, a great beauty in the business circles of Zhucheng, many business elites wanted to pursue her, but unfortunately, Zhang Qiuxue did not take a fancy to any of them, or rather, she hadn't found someone she deemed suitable.
These gossips didn't interest Xu Yang.
Zhang Qiuxue was pretty, but not as pretty as his wife.
"General Zhang, this is Mr. Xu, he is our main investor," Tang Zhengqi introduced to Zhang Qiuxue.
"Mr. Xu, hello," Zhang Qiuxue said, slightly surprised, and reached out her hand.
Xu Yang was too young, he looked just like a college graduate.
"General Zhang, hello," Xu Yang shook hands with Zhang Qiuxue.
Afterward, Tang Zhengqi introduced the other investors to Zhang Qiuxue, as well as the legal and financial team.
After a brief exchange of pleasantries, Zhang Qiuxue led the group into the company and to the conference room where negotiations would take place.
The formal negotiation began.
"Mr. Xu, Mr. Tang, I believe you are both clear about the conditions. Triumph Investment is also looking to acquire our company. I'll say it again, ten billion yuan. If you're willing, we can sign the contract right now.
If not, there might not be a need for further discussion. I do not wish to repeat what was said during the negotiations with representatives from Triumph Investment; it really is pointless," Zhang Qiuxue stated assertively, trying to put pressure on the other party to achieve her goal.
Even if Xu Yang and the others wanted to negotiate and drive down the price, they should be able to offer a higher price than Triumph Investment could.
After all, knowing that she was in talks with Triumph Investment and still coming over clearly indicated they were prepared to compete.
Competition meant the higher bidder would win; they should be able to offer a higher price than Triumph Investment.
"I'm a very straightforward person. Since General Zhang has put it this way, I won't say much else. Ten billion it is, please bring out your financial books for my people to inspect. As long as there are no issues, we can sign the contract," Xu Yang said, not wanting to beat around the bush.
Otherwise, if the company was really acquired by Triumph Investment, they would miss out on this opportunity to make a huge profit, a loss that would be more than they could bear.
This had already been discussed with Tang Zhengqi and the others before coming here.
Tang Zhengqi and the others had no objections.
Zhang Qiuxue was somewhat taken aback.
She had assumed that there would be at least some haggling between them.
Unexpectedly, Xu Yang agreed so readily to the ten billion without bargaining.
However, Zhang Qiuxue was an experienced business CEO, her surprise flashed by in an instant, and she immediately smiled and said, "Mr. Xu is indeed decisive. I will have the accounts brought over right away for your people to inspect. Please wait a moment."
She left the conference room and, after about fifteen minutes, came back with the financial staff and laptops containing the accounts.
While the legal and financial team inspected the accounts, Zhang Qiuxue took Xu Yang and his entourage on a tour of the company's management, operational, and research and development departments.
What they saw, whether it was the management, operations, R&D departments or the employees' work status, satisfied Xu Yang and his group.
In fact, the Qianjiao Company's predicament was due to operational issues.
Their marketing had not been well executed, failing to keep up with the changing marketing trends in the market.
Nowadays, many focused on short video marketing and sales through live broadcasting.
However, Qianjiao Company had no significant achievements in this area.
The products of the company were not the issue.
Of course, it also had something to do with not releasing any new and effective products for quite some time.
Xu Yang was aware of this.
While visiting the operations department, Xu Yang said, "General Zhang, I see the company hasn't set up any live broadcasting or related marketing efforts. What's the reason for this?"
Zhang Qiuxue replied with a bitter smile, "Mr. Xu, to be frank, we have tried before, but the results were not ideal, and over time it just fell by the wayside. We are also summarizing the issues in this area and plan to cooperate with some live broadcasting guilds, inviting some famous hosts to sell our products live and see what the results are."
Xu Yang laughed, "You should cooperate with Fengcai Guild."
Zhang Qiuxue responded with a wry smile, "Mr. Xu, we would like to, but from what I've heard, Fengcai Guild only works with big brands. Our brand is not something they would consider."
Tang Zhengqi interjected, "General Zhang, with Mr. Xu here, cooperating with Fengcai Guild won't be a problem!"
Zhang Qiuxue's eyebrows raised in curiosity, "Oh? Does Mr. Xu know someone high up in Fengcai Guild?"
Tang Zhengqi laughed heartily, "It's not as simple as Mr. Xu knowing someone high up in Fengcai Guild; he's the boss of Fengcai Guild."
"What!" Zhang Qiuxue exclaimed in surprise, "Mr. Xu, you're the boss of Fengcai Guild? And Jiang Di Lao too?"
She only knew about the existence of Fengcai Guild and had heard that the boss of Fengcai Guild and Jiang Di Lao were the same person who had started from scratch.
She didn't know that the boss was named Xu Yang, nor did she know what Xu Yang looked like.
Therefore, upon meeting Xu Yang and hearing his name, she didn't show any unusual reaction.
She had thought Xu Yang was just a rich second generation.
She had not expected Xu Yang to be the boss of both Fengcai Guild and Jiang Di Lao.
And Xu Yang was so young.
Xu Yang nodded with a smile, "Yes, I believe the quality of the company's products is not an issue, and they can collaborate with Fengcai Guild to set up a special live broadcast. In this regard, I will have people from Fengcai Guild contact you afterward."
Zhang Qiuxue said excitedly, "That would be wonderful! Collaborating with Fengcai Guild would not only help sell the products but also raise our company's brand and product awareness. I've heard that nowadays, many consumers on Douyin only recognize products promoted by hosts from Fengcai Guild."
Indeed, due to the chaos with live broadcast sales on Douyin in the past, the relevant authorities had stepped in to regulate, and Fengcai Guild emerged as the only guild unaffected by the crackdown. Other guilds had more or less encountered problems, leading many consumers to purchase only from hosts of Fengcai Guild.
It was even said that Fengcai Guild hosts had a built-in product quality assessment function.
Any product promoted by a Fengcai Guild host was guaranteed to be problem-free.
Even some lesser-known, yet high-quality brands had significantly increased in fame and sales through collaboration with Fengcai Guild.
During the conversation, Xu Yang's phone rang—it was the financial team calling, saying they had finished the inspection.
So, the group returned to the conference room.
The legal and financial team presented their conclusion report—the finances were in order, and Qianjiao Company had no legal disputes with other companies or individuals.
Xu Yang said, "Then let's sign the contract."
The contract was drafted by the Qianjiao Company side.
After drafting, it was confirmed by the lawyers to have no issues.
Xu Yang, the investors, and Zhang Qiuxue all signed the contract.
"Pleasure doing business!"
After signing the contract, the two parties shook hands.
It was a mutually gratifying agreement.
The investment funds would be deposited into the company account within three days.