Chapter 180: Action (2)
Shen Ji read the text message sent by Cao Mo and understood that his uncle's move made Cao Mo completely give up the illusion of relying on Dongsheng in his heart, and still want to gather the strength to confront the Jidam family head-on in Kanem.
Therefore, with such an opportunity in front of him, Cao Mo's decision-making seems relatively radical, but it is no longer simply to weigh the risk of the project itself.
This also shows that even if he does not participate, Cao Mo himself will take 50 million yuan to support Xu Bin to win the general distribution rights of Huachen motorcycles and parts, and establish distribution channels in Kanem and other countries in West Africa.
"Okay, I'll give 10 million, and you can find someone else to find a way for the rest!" Now that he knew that Cao Mo's decision had been made, Shen Ji had nothing to hesitate about, and said very happily.
Shen Ji also knew very well in his heart that if he personally wanted to continue to invest in Kanem, he would actually have to continue to cooperate with Cao Mo, not to mention that Cao Mo had just helped him earn 180 million yuan in Conero Energy, and he didn't even dare to invest 10 million at this time, so could he still make Cao Mo look up to him in the future?
Shen Ji's decision-making speed was so fast that Xu Bin was quite surprised.
They didn't even write a formal fundraising plan, and they didn't even talk about how many shares their start-up team should have in the newly established company.
This is the grandeur of the children of wealthy families?
"With Mr. Shen taking the lead of 10 million, I will find a way to raise the remaining funds, and you are now responsible for getting the general distribution rights and forming a team. In the case of a new company, I think it should be appropriate for the team to take 15% of the equity and 10% of the options, what do you think?" Cao Mo said to Xu Bin.
If Cao Mo had not intervened, Xu Bin would have gone to Draculamo to open up the market on behalf of Hua Chen, and the team would have received a commission reward of 2% of sales, which could account for almost six or seven percent of gross profit.
Cao Mokai's condition not only allows them to directly obtain 15% of the equity assets of the new company, but also the expected income from annual equity dividends will be more than doubled.
Cao Mo promised a 10% option, which was to see that the company did have good development potential, and they could increase their capital at the same price as the initial capital contribution to increase their equity to 25%.
Of course, they also have to take some risks, mainly because the salary income they can directly obtain from the new company is definitely much lower than that of overseas employees directly under Huachen Group, and it may be slightly higher than that in China.
As for the team formed by Xu Bin, how to distribute this part of the equity, and whether to pull Xiao Jun into the team and how much equity to give, Cao Mo cannot interfere because of his relationship with Xiao Jun, it must be up to Xu Bin to decide.
In the evening, he directly found a hotel in Yinguang Guangchang, and at the same time asked Song Yuqing, Chen Feng, and Zhang Li to come out to meet.
Chen Feng's speed is also very fast, and he has already contacted the boss of Xinxuan Food at noon, and the other party is willing to make an appointment to contact Cao Mo first.
"Your speed is so fast, the money hasn't arrived yet, are you planning to spend it?" Shen Ji knew that Cao Mo had the idea of directly buying the cocoa butter powder processing factory.
"Well, do you want to participate, but after this village, there will be no such shop
Cao Mo asked with a smile.
"It's inconvenient for me to participate in this, and I still have a certain conflict of interest with Dongsheng. Shen Ji said with pity.
At present, Cao Mo acquires food processing plants in China, mainly engaged in cocoa bean processing, and does not seem to have a direct conflict of interest with Dongsheng, but the two are both in the field of food raw material import and processing, on the one hand, it will involve the problem of related interest transfer, on the other hand, Cao Mo's food business will develop in related fields after it matures, and it will inevitably have a certain competitive relationship with Dongsheng.
If Shen Ji wants to avoid suspicion, he cannot participate in related investments.
Shen Ji now also generally knows what the business model Cao Mo wants to develop in his mind, on the one hand, he is to use the domestic advantageous resources to Kanem and West African countries to expand the market, and on the other hand, to use the specific advantageous resources of Kanem to establish an industrial base in China.
This is actually similar to Dongsheng's overseas investment model, to be honest, this grandson is copying Dongsheng's model.
Even if the West Africa branch occupies the West African market by producing aluminum profiles in the Lake Conero Industrial Park, it mainly relies on domestic aluminum ingots and technical strength, and at the same time acquires oil palm fields and oil palm fruits from Longta, builds crushing plants and refineries, and transports palm oil back to China for sale.
After eating, they found a tea room and chatted until eleven o'clock before they left; Cao Mo lived close to Xiao Jun's family, and he didn't let others drive him, so the two took a taxi back.
In the car, Cao Mo said to Xiao Jun: "My father and I offended Han Shaorong in China, Han Shaorong will never want to see my family prosper - and although I have made a little achievement in Kanem, the situation in Kanem is more complicated, so I hide many things under the water, and the specific financial investment will not be disclosed at present, and my family is not clear." You talk to Xu Bin and Zhou Jianming tomorrow. ”
Of course, Xiao Jun knows what the situation of Cao Mo's family has been like over the years, and he also knows what kind of character Han Shaorong is in Xinhai, so he can understand the necessity of Cao Mo's low-key behavior.
In the next two days, Cao Mo pulled Chen Feng and Shen Ji to accompany Dong Chengpeng, the executive president of Hexi Fund, to discuss many details of the equity transaction.
Dong Chengpeng, as Ding Zhaoqiang's confidant, naturally knows all the details of the equity transaction of Conero Energy, but he understands that a considerable part of the equity in the transaction belongs to Shen Ji, but he insists that no matter how form and how many layers of companies are used to carry out this equity transaction, the performance commitment will finally be pierced and implemented on Cao Mo personally.
In other words, Shen Ji took the money, and if the performance promise could not be fulfilled, Cao Mo would need to take the remaining part of the equity in his personal name to compensate the Hexi Fund.
Cao Mo is still very confident in the development of Conero Energy, so he did not insist on this, but there was not much disagreement on other details, and then he waited for Hexi Fund to go to Dracula or entrust an accounting firm with business in Dracula to conduct a third-party audit of Conero Energy's assets, and then it could be formally delivered.
Shen Ji is now much more honest in front of his uncle Ding Zhaoqiang, and he has participated in the establishment of Tianyue Trading Company and engaged in the sales and trade of motorcycles and parts in Kanem and other countries in West Africa, and has also truthfully explained to avoid any more surprises.
Ding Zhaoqiang did not object this time, and even proposed that the Hexi Fund contribute 5 million
, participated in the establishment of Tianyue sales company.
Cao Mo and Ding Zhaoqiang's first meeting did not leave a good impression on each other, but Cao Mo had to admit that the joining of Hexi Fund would directly increase Xu Bin's bargaining chip for taking the general distribution rights in West Central Africa from Huachen Group.
The back-the-scenes support funds came from Hexi Fund and Shen Ji, and Xu Bin's negotiations with Huachen Group became very smooth.
These days, when everyone gets together, the most discussed is the details of the formation of Tianyue Trade and the development of the West African market.
As the most prosperous and huge city in West Africa, Draculamo has a population of tens of millions, and with the end of the military government's rule, hundreds of thousands of people still crowd into Draculamo from the surrounding areas every year to beg for a living.
In the end, Shen Ji and Hexi Fund invested 15 million yuan, holding 25.5% of the shares, Cao Mo invested 35 million yuan, holding 59.5%, Xu Bin brought Xiao Jun with him, plus Zhou Jianming and Xu Lizheng, another deputy manager of the technology research and development department of Huachen Motorcycle and Engine Division, to form an operation and management team and obtain 15% of the equity.
When Xu Bin worked in the technology research and development department, he was a partner with Xu Lizheng, Xu Bin invited Xu Lizheng to join the team, hoping that he would be responsible for preparing for the after-sales service team, but Cao Mo hoped that Tianyue could set up some product research and development teams at the same time.
Africa's economy, climate, geography and road traffic are very different from those in China.
In Kanem's case, the weather is hot, the roads are bumpy, narrow and muddy, and the north-east is mostly desert, and people in the suburbs and rural areas of Kanem have a considerable need to buy motorcycles to transport goods.
These characteristics determine that the Huachen motorcycles they sell to West Africa are different from domestic products in terms of performance.
In the early stage, they can take the lead and rely on price advantages and marketing to open up the market, but in the middle and later stages, if Kanem and other West African regions want to gain a foothold, they must develop and design products for the specific needs of the local area.
Tianyue is now setting up a primary product research and development team to coordinate with Huachen's domestic production department, which is helpful for Tianyue to truly take root in the West African market.
Shen Ji: They are all people who understand and know the necessity of doing so.
With the primary product research team, Cao Mo can consider whether to invest in motorcycle parts production and vehicle assembly plants in Conero Lake Industrial Park.
Of course, talking about the general distribution of Huachen motorcycles and parts, by the way, the general distribution rights of Huachen passenger cars in West Africa have also been taken.
In the early years, Huachen Passenger Car Division introduced two pickup truck production lines, but the pickup truck was included in the truck management in China, and the market was greatly suppressed.
However, in Kanem and West African countries, the poor traffic conditions determine that there is a certain off-road character, riding a dual-purpose pickup truck, has a fairly good market, and the small off-road vehicles produced by Huachen are not as good as the joint venture brand, but the price is low, and it is still worth pushing in Kanem and other countries in West Africa.
Huachen Group doesn't have any expectations for the overseas business of passenger cars, and there is no need to sign performance commitments, so why not hug the grass and beat the rabbit and do it together?