Chapter 45 Installment of Shares
Xiao Weijie and Li Lin went upstairs and returned to Zhang Yida's office, and the two sides had another tug-of-war negotiation.
The $30 million pre-investment valuation was quickly unified, but there was still a lot of debate between the two sides on the dilution of the equity ratio.
"Mr. Zhang, diluting 40% of the shares is too much, and if I am not careful, I will lose control of the company. If you agree to WVR, I can agree to a 40% dilution of the shares. Xiao Wenjie insisted on the conditions and did not let go.
"This is a strategic investment, not a financial investment, and the two sides will deepen cooperation in the future. Zhang Yida did not let go easily.
Lei Dongming and Li Lin also joined the heated debate.
After discussing for most of the day, Zhang Yida finally relented.
Zhang Yida made the final conditions and said:
"Diluting 40% of the shares, 20% of our shares have voting rights, and 20% of the shares only have 1/5 of the voting rights, this is our last concession. ”
After Li Lin and Xiao Weijie glanced at each other, they reached a consensus, Xiao Wenjie stretched out his right hand to shake hands and handed it to Zhang Yida, and said, "Mr. Zhang, happy cooperation." ”
Zhang Yida also stretched out his hand to hold Xiao Weijie's hand, and said with a smile: "Happy cooperation!"
The cooperation was successfully reached, Ruixiang Jinke invested 20 million US dollars in installments according to the pre-investment valuation of 30 million US dollars, and the post-investment valuation was 50 million US dollars, Ruixiang accounted for 40% of the shares, of which 20% are A shares, 1 share has 1 vote, and the other 20% is B shares, and 1 share has 5 votes.
All 42% of the equity held by the diluted management of Le Installment was converted into B shares, and 5 votes per share were obtained.
The diluted 18% equity interest held by Evergreen Capital was converted into A shares, with 1 vote per share.
In the end, Ruixiang obtained 34.5% of the voting rights, the management of Lecheng received 60.3% of the voting rights, and Evergreen Capital obtained 5.2% of the voting rights.
The $20 million invested by Ruixiang is composed of $15 million in cash + $5 million in advertising resources.
5 million US dollars, that is, 30.5 million yuan, need to be recommended by Ruixiang Technology to guide 152,500 customers who have successfully handled the installment business for the Le installment mall, and the unit price of the customer is 200 yuan/person.
The promotion lasts for one year, and if the promotion does not reach 152,500 customers within one year, Ruixiang Technology will make up the difference in cash and pay the interest on the difference at an interest rate of 10%.
After the agreement was signed, Ruixiang Technology quickly paid 15 million US dollars, or 91.5 million yuan in cash, and opened the shelves of Le's installment advertisements on its major APPs, and began to do traffic diversion for Le's installment.
At the beginning of February, Yimin Company, Ruixiang Company, and Dogford Company also prepared for the annual meeting.
The first to participate in the annual meeting of Ruixiang Financial Technology Group, which was arranged in the five-star hotel Hilton.
Zhang Yida was wearing a high-end suit, and his hair was specially taken care of by a hairstylist. Zhao Erya hugged his arm tightly and also attended in full costume.
This officially confirmed the scandal between the two.
Zhao Erya was overjoyed, and under the envious gaze of several female employees who received and registered at the door, she signed in for a group photo and followed Zhang Yida into the hotel.
After entering the hotel, the splendid hall was already full of people, with 60 tables and full seats, all of which were employees of various subsidiaries of Ruixiang Jinke Group.
After a while, a man and a woman with guest appearances by employees appeared on the stage in evening dresses.
After the host read out the opening remarks on the stage, Zhang Yida took the stage to speak as the chairman of the company.
After Zhang Yida took the stage, he looked at the 600 employees under the stage, both nervous and excited, and was reborn for nearly half a year, and finally laid a career of his own.
Zhang Yida took the microphone and said:
"2013 is a year for us to start from scratch for Jinke Group, and it is also a year for our partners to create miracles together.
This year, the total registered members of our products exceeded 60 million, the total revenue reached 256 million, and the net profit reached more than 40 million yuan.
......
All of this is inseparable from everyone's efforts!
In 2014, we will make persistent efforts together to create brilliance!"
Then the annual meeting program performance began.
The programmer group performed a sketch, and the burden was a little embarrassing, but everyone still applauded.
A group of girls in the customer service group were dressed in crop tops and super shorts, dancing jazz dances, white thighs, and a group of single dogs in the audience were crying wolf-like applause.
Then there are various programs such as cross talk, singing, poetry recitation, etc., which everyone also watched with relish.
The finale was Zhang Yida, who sang a song about the brightest star in the night sky, and his affectionate baritone attracted applause from the audience, and the annual meeting reached a small climax.
The big climax is the prize distribution and lucky draw.
The award is very simple, and each subsidiary and department has already prepared a list of winners according to the performance and KPI assessment, and the host will sign up for the word and reward, and Zhang Yida and Lin Zhenyang will distribute it personally.
Because of his recent outstanding achievements, Lei Dongming has continuously completed the acquisition of Mobao Pay and two investments in installments, and won 100,000 shares of option awards.
Liu Feng, Gu Panpan, Wang Feiyan and other directors rewarded options ranging from 10,000 to 50,000 shares.
A number of other outstanding employees were also rewarded with options ranging from 5,000 to 10,000 shares.
Then came the raffle.
The first prize is 100,000 RMB, and the number is 3.
The second prize will be awarded 50,000 RMB, and the number of people will be 6.
The third prize will be awarded 10,000 RMB, and the number of 20 people will be awarded.
Sunshine Award, 5,000 yuan worth of fruit mobile phones, the number of 100 units.
The total value of the prizes is 1.3 million yuan, all of which will be given out through on-site lottery.
The lottery program is powered by the latest QR code developed by Mobao Pay, and everyone on the scene gets a number by scanning the code.
Zhang Yida announced the lottery numbers here, and those who won the prize came to the stage to receive the prize with the number.
The procedure is very simple, and at the same time, it has also tested the latest technology of Mobao Payment, killing two birds with one stone.
With the opening of the grand prizes, the atmosphere reached its peak, and everyone was looking forward to winning the lottery in their hearts.
Some people who heard their numbers read on the stage stood up ecstatically and ran to the stage to receive the award.
In the end, all the awards were drawn, and everyone who received the grand prize was overjoyed, and the employees who did not win anything were very disappointed.
But fortunately, more than 600 red envelopes were prepared on site as consolation prizes to be distributed to all employees. Each red envelope is 1,000 yuan, which can be regarded as a comfort!
Zhang Yida also wants to get more rewards and prizes, but the company has only been established for half a year, and it has only made a profit of more than 40 million so far, and there are still many places to spend money in 14 years, or it is not good to take investors' money out and squander it. Only next year, if we do a good job in performance, we will compensate everyone more.
Even with such moderation, the final annual fee cost includes venue decoration, meals, prizes, etc., a total of more than 230 yuan was spent. This still does not count the part of the option issuance, only the money spent by the company's real money.
Ruixiang Jinke's side is still a local tyrant, but Yimin Company's side is really shabby, there is no way, life is too tight.
Yimin Company has a total of more than 200 people, found a four-star hotel, everyone eats together, and performs even if the annual meeting is over.
The reward, in fact, is that each person sent a 600 yuan red envelope, and a total of 120,000 yuan was issued.
In addition, key employees and some high-performing employees also got a part of the options, and 10% of the option pool issued 2%, that is, 2 million shares, worth $2.5 million.
Ding Siyao first bowed to everyone on the stage and expressed her gratitude to everyone for their recent serious work and hard work. And said from the heart:
"This year, the company has had a hard time because of the gambling on its back.
Next year, after the completion of the bet, we will definitely hold a grand annual meeting for everyone.
This year, thank you all!"
The employees in the audience also expressed their understanding that the company has been losing money, and they can't wait to break a penny in half to spend, and now they are also giving everyone red envelopes, and they are also coming to the four-star hotel for the annual party!
Others also shouted, "Complete the bet" and "Come on".
Ding Siyao was very moved, her nose was a little sour, and she wiped the tears from the corners of her eyes. He said ruthlessly in his heart: "We must complete the bet, survive the hard days of this year, and hold the annual meeting vigorously next year." ”
Zhang Yida looked at the enthusiastic employees in the audience and smiled, the military heart is available. As long as the bet is completed next year, you will definitely be rewarded generously. Promise in your heart.
Because there are not many people here in Dotford, there are more than 20 people now, and they have found a farmhouse on the outskirts of Beijing, and everyone has a whole day of fun together.
Of course, Zhang Yida was not stingy with the rewards that should be issued, and approved 200,000 yuan as a reward for outstanding employees, and many people got 20,000 or 30,000 yuan, and there were several thousand fewer people.
After holding three consecutive annual meetings of the company, Zhang Yida got together with several brothers in the dormitory and called Zhao Erya together.
At the dinner table, I saw the smiling Wu Xing, Li Xu, and Zhuang Liang. Zhang Yida recruited and admitted that he was with Zhao Erya, fell in love, and broke away from their single group. It caused a burst of laughter from everyone.
Because Zhao Erya was present, the three roommates didn't go too far, just made a few jokes.
After eating, because the school was already on vacation, Zhang Yida was not worried about Zhao Erya taking a taxi home alone, and insisted on driving her home.
When they arrived at the community where their armed police were guarding the door, Zhang Yida was a little surprised, and he had never asked Zhao Erya about Zhao Erya's family before.
Just after meeting Wang Hongxin, he casually asked Zhao Erya's parents what they did.
"I, an ordinary family, my parents are ordinary civil servants. Zhao Erya replied casually at that time.
This is the family of an ordinary civil servant? There are armed police standing guard in the community, and you have to ask for a pass to drive in. Zhang Yida was speechless.
Since he couldn't drive in, when he got to the door, he put Zhao Erya in. Zhang Yida couldn't help but ask:
"Erya, what are your parents doing?"
Zhao Erya smiled and said, "My parents are ordinary civil servants, and they have a little bit of rank. ”
Zhang Yida continued to ask, "What level?"
Zhao Erya thought for a while and replied, "My father should be the deputy department! ”
Zhang Yida understood, didn't ask any more questions, waved goodbye to Zhao Erya, and drove away.
On the way, he muttered to himself: "The level of deputy minister, that is the same level as the senior officials of Sichuan Province." Could it be the deputy mayor of the capital? Or the deputy position in the ministry? It's an ordinary family, and Ponyma has a father who is the director of Yantian Port. ”