This method is naturally slower in time, and in Mr. Ma's heart, he has left at least three years to catch up with Zhonglian, the biggest competitor.

After all, it's not just the penguins that are developing, but the competitors are actually always developing, and the penguins can only win the field if they run faster than their competitors.

Thinking about these factors carefully, Mr. Ma suddenly realized that Liu Ruoyi's thinking is right, this industry is really time king, even if he is optimistic, development and promotion, it will take at least three years to catch up with competitors, there are too many accidents in this time period, affecting this process.

If you can make an acquisition, it will take you up to 3 to 6 months to turn your competitors directly into your own advantage, and how much is the time saved worth it?

That's not something that can be solved by just raising a few people.

That's why Mr. Ma decisively decided to attack, although he hit a wall with Hanhong, the major shareholder, Mr. Ma did not give up, and also bet on the founder team.

Mr. Ma's thoughts were not in vain, and Bao Luqiao's side was indeed stirred.

"Mr. Chen, what do you think?" Bao Luqiao couldn't decide how to do it, but he could go to some people with connotations.

In fact, for Bao Luqiao, when he is old, he really doesn't have much concept of the company's capital operation, even if he doesn't know nothing, it's almost the same, no way, he is not interested in this line, and he doesn't bother to learn, so Bao Luqiao's entrepreneurship is not very smooth several times in his life, although he is indeed a hero in technology.

If you had had a slight idea of the financing and share swap, you would not have sold most of the shares at once.

The most amazing thing is that even so, Bao Luqiao has always been grateful to this person who is willing to take over, thinking that he is a friend to make.

After all, at that time, Zhonglian was almost at the end of the road, even if it was not at the end of its rope, and it couldn't even pay for bandwidth, and it was sold around for a long time, and only Chen Wenken gave money to buy it.

And the valuation given was the highest at the time. For Bao Luqiao, it was definitely a send-off.

In this regard, Bao Luqiao is one yard to one yard, and the current valuation of Zhonglian cannot be compared with Chen Wen's purchase price at the beginning, and Chen Wen is still more emotional. So when he encountered a problem, Bao Luqiao naturally came to this person who is proficient in capital operation as a staff officer.

Moreover, in Chen Wen's hands, there are almost more than 20% of Zhonglian shares, and Bao Luqiao must pull Chen Wen to find a way to succeed.

After Balabala finished talking about what had happened, Bao Luqiao looked at Chen Wen, not knowing what he meant.

"Mr. Bao, did the penguin actually find you?" Chen Wenchu was still a little surprised when he heard the news. If it weren't for Bao Luqiao to mention it, Chen Wen didn't expect the penguins to still fight the doctrine of Zhonglian, but because the cooperation with the major shareholder is not pleasant, Chen Wen is also looking for a way back.

Therefore, Chen Wen did not have much resistance to Penguin's desire to acquire Zhonglian.

Anyway, Zhonglian is now someone else's meal.

"Frankly speaking, if Penguin is really willing to buy Zhonglian, then the future of Zhonglian is much better than if it were in the hands of our major shareholder. If the penguin offers a good price, Chen Wen feels that it is completely okay to talk, and he is also keenly aware that Zhonglian and penguins do have good strong combination genes.

"In terms of the number of users, the scale of the penguin is larger, and Zhonglian is indeed much better for attracting new users than in our hands.

I guess Penguin also has this idea, and they need to fill the blank spots in their penguin software in terms of leisure and entertainment, so that the user stickiness of Penguin software will be greatly improved, and the number of monthly active users will inevitably be a leap forward.

In other words, Zhonglian + Penguin is the choice of 1+1 greater than 2, and more importantly, Penguin has now found a profit point, and after the number of monthly active users increases, it should be able to make more money in terms of revenue. Chen Wen is not a technical faction, but an investment faction, and he obviously knows more about the dynamics of the industry than Bao Luqiao.

"I wonder if the penguins will accept a part of the share exchange plan?" Chen Wen is actually more interested in investing in penguins.

According to the current penguin development routine, Chen Wen is now very optimistic about the future of penguins. However, Penguin has been working hard to support itself since the crisis, and it is clear that the founding team still has a strong will to keep the shares.

Many venture capitalists now took the initiative to come to the door, but Mr. Ma politely refused.

Don't even give the other party a chance to bargain.

Just kidding, Liu Ruoyi's side is so preferential that he doesn't want to invest in the right to operate any affairs, and these menacing venture capital funds will never easily give up the voting rights of business decisions. That means absolute trust in management.

How many VC firms are able to do this right now?

So Mr. Ma doesn't need to think about it at all.

The most important thing is that the penguin is in a good situation now, although the funds are still not abundant, and the money is stretched, but Mr. Ma has become accustomed to operating in this situation, and after breaking through the break-even point, Mr. Ma is not much interested in foreign funds.

"Mr. Ma didn't mention this, if Mr. Chen is interested, we can talk to Mr. Ma together. Bao Luqiao heard Chen Wen say this, and couldn't help but feel moved, if the merger can get a little penguin shares, it seems to be good, at least if his hard work shines in the future, everyone still has some thoughts.

"I personally prefer to cooperate with Penguin, so that the development space of Zhonglian can be completely opened, Penguin is completely different from Hanhong, Hanhong is to use Zhonglian as a storytelling tool in the stock market, and Penguin will seriously consider the future development of Zhonglian, they are not a listed company, there is no need to deceive themselves.

What's more, looking at the current trend, if Zhonglian doesn't sell to them, they will also cut into this field themselves, with their current number of users, if there is a tilt in the way of import, I am afraid that it will soon surpass our Zhonglian.

It's just that now we are faced with a huge dilemma. That is, the shares in the hands of the Bao team plus the shares in my hands are less than half, and the leading power of this cooperation is not in our hands. Chen Wen said distressedly.

To be honest, if it weren't for the fact that I was a little anxious, after winning Zhonglian, I quickly transferred control at a higher price. Although I have earned it back exponentially, I still have some in my hand, but in the face of Zhonglian, the chicken that can lay golden eggs, has become someone else's home. Chen Wen was still a little unwilling in his heart.

Even if this major shareholder is still a close friend of him.

But after the transaction was completed, his friend was obviously very different from Chen Wen's thinking, and the two sides were incompatible in the future development plan of Zhonglian, even if they hadn't turned their faces yet.

There is no way, the position of the butt is different, and the angle of consideration is naturally completely different.

Hanhong is a listed company, and everything is based on the speculation of stock prices to consider business. Now the theme of Zhonglian has been recognized by the stock market, driving up the stock price. Hanhong is naturally reluctant to throw money into this hole where there is no profit point at present.

Everyone has different ideas, and their fundamental interests are not together, so naturally they can't talk about it.

After several unpleasant discussions, Chen Wen no longer had hope for Hanhong.

"How about you say we spend money to buy back their shares from the major shareholders?" Bao Luqiao really used his brains after going back, and seeing that Chen Wen did not object at this moment, he tentatively put forward his own idea, which was the best method he could think of now.

Since the penguin side is willing to negotiate at a valuation of 150 million, Bao Luqiao feels that if the major shareholders agree to buy back, then about 52% of the shares in their hands will be bought back by themselves for 70 million to 80 million, which will be quite good, and when the time comes, the overall valuation of bargaining with the penguin will increase, and if it is sold for 170 million or 180 million, everyone can make more.

This 80 million price is already several times the purchase price of the major shareholder, and in Bao Luqiao's opinion, the major shareholder should be very satisfied.

"Impossible," Chen Wen shook his head, directly dispelling Bao Luqiao's illusions. "Hanhong's stock price is supported by this, and it is impossible for them to give up this theme. ”

Chen Wen knows much more about the thoughts of the major shareholders than Bao Luqiao. Under the premise of such a stake, major shareholders will not abandon their martial arts.

Therefore, there is no need to think about this path at all, and you can't even mention it, it will only arouse the vigilance of the other party.

"Then do we have any good methods?" Bao Luqiao was a little worried, this kind of thing was not what he was good at.

Now facing the opportunity to cash out at a high price, Bao Luqiao, who has lived a little aggrieved, just wants to cash out and leave.

"It's not like there's no way. Chen Wen pondered for a while, "It's just a bit risky, wasn't our last financing vetoed? ”

"If we propose to increase capital and shares, I believe that Hanhong will not invest money in it.

Although they said that their stocks had increased a lot, they were all book value and could not be cashed out directly, not to mention that most of their stocks were still mortgaged, and they had no cash in their hands. ”

"If they are not willing to invest money, then there is no obstacle to the transfer of this part of the additional shares to a third party, and they should not want the additional part of the shares to fall into our hands. We just happened to find a third party to do it.

In this way, through this dilution of shares, Hanhong's position as the largest shareholder will not change, and it can be consolidated on their listed companies, without affecting their stock market to continue to talk about the stock market, but they do not have more than 50% absolute control in their hands, if we ......"

Chen Wen said this, staring at Bao Luqiao and no longer speaking, but Bao Luqiao still understood what he meant.

This is Chiguoguo's conspiracy against the major shareholder, Ming Xiu plank road secretly Chen Cang, it is really a bit unpleasant to say, very insidious, or Bao Luqiao does not want to deal with these investors, it is a pit if you are not careful, and it often makes you have nothing to say.

But today, everyone's interests are the same, Bao Luqiao listened to this method, and felt that it was still quite reliable, and he didn't think so much in his heart, and he didn't pay attention to this method A little inauthentic, "But how do we initiate this operation?"

"It's very simple, didn't you mention a medium and long-term plan for development, ready to spend 60 million yuan in three years to build the first platform for leisure and entertainment, but as soon as the capital budget came out, it was killed by Hanhong.

We will now bring up the old matter again, and we will use this name to announce the issuance of additional shares to raise funds to implement this plan. An upfront 10% increase in stock financing to implement the first year of the plan can prove whether your plan is feasible.

For this plan to spend other people's money to develop the company, Hanhong may not think that we are diluting his control, if they do not oppose this proposal, once the additional issuance is completed, we can grasp the initiative. ”

Chen Wen is worthy of being a good hand at playing capital operation, and it is an idea in the blink of an eye.

Of course, this is not a good idea.

Although Bao Luqiao has no experience, after hearing it, the general logic is quickly understood.

The 10% stake is not inconspicuous, but once it is issued to a third party, the founder team of Bao Luqiao plus Chen Wen and the new 10% stake have properly exceeded 50% of the control votes.

At that time, even if Hanhong, the major shareholder, does not agree, they can jointly promote the sale of Zhonglian to Penguin.

At that time, Hanhong will face a dilemma, after the penguins get their hands, there are many ways to make them lose more than they lose, and in the end they can only choose to sell and exit.

Of course, this is a relatively good ending for Hanhong. What's more, if the penguin is ruthless and takes away the technical backbone of Zhonglian, and after the game copyright is authorized to Penguin, Zhonglian will go bankrupt by freezing and tossing, and Hanhong will cry without tears.

This kind of extreme tossing method is not uncommon in business history, think that many thriving enterprises in the mainland were acquired by foreign capital, this is how to toss the national brand step by step, and then continue to maintain their own unique in the mainland?

If this method is black-hearted and uses some words on Zhonglian, then Hanhong is really useless to shout injustice everywhere. Anyway, at that time, everything will be done according to regular business operations, even if you can see it clearly, what can you do?

They are major shareholders, and they have the right and ability to toss the company to death.

Regarding the poisonous plan proposed by Chen Wen, after Bao Lu came down to communicate with his team, everyone hit it off and did it!

Since the major shareholders are unkind first, and now they are squeezing the residual value of Zhonglian by killing chickens and eggs for the development of Zhonglian, which is a direct victim for the operation and R&D team, and there is no need for everyone to take another boat.

......

"Mr. Tang, when will the major shareholders be able to solve the funds for the long-term development of Zhonglian?" Bao Luqiao is a vigorous and resolute person, once it is determined, there is no ambiguity at the implementation level.

After their internal team unified their thinking and decided to do something, Bao Luqiao found the major shareholder to ask for money on behalf of Tang Peng the next day.

This year, we are increasing investment after the economic situation warms up next year, and now the parent company's funds are also very tight, and many projects are also waiting to be launched, and the funds you ask for are relatively large, so we can't meet you for a while. ”