Chapter 110 Acquisition of Leshan Electronics
"How many shares do you want?" Xiong Leshan asked helplessly. Hu Youmin said indifferently: "It's not that I want how many shares, I don't care, the main thing is how much money you still lack?"
"Okay, do as you say, you quickly find someone to evaluate and negotiate. To tell you the truth, I'm burning my eyebrows now. He said compromisedly.
Hu Youmin remained silent: "Brother, in order to pull you, I didn't hesitate to step into your quagmire, we are grasshoppers on a line, you won't chill my little brother in the future, right?"
"No, absolutely not, you saved my brother twice, if I do something sorry for you in the future, I won't die well, and there will be five thunderstorms in the sky. He hurriedly swore an oath.
"Don't say that, my little brother believes you, otherwise he won't stretch out his hand. I'll arrange for someone to work on this right away, and you can go back to the hotel and rest. Hu Youmin got up to see him off.
After he left, Hu Youmin called Tian Xiaoyu and Luo Juan and told them about Xiong Leshan. Tian Xiaoyu smiled and said, "You're not just trying to pull him, right?"
He nodded and said: "Of course not, giving roses, leaving fragrance in your hands, making a good relationship, of course it is a good thing to have a more intimate friend, and more importantly, we want to take this opportunity to go out of Shonan." ”
"We want to go to the whole country, to the world. Now we need to seize this opportunity, take the first step, accumulate experience, and cultivate talents. ”
"Dongsan Province, like Shonan Province, is a major education province in our country. We need to adapt measures to local conditions and take this opportunity to march into the education industry. ”
"My idea is that after the acquisition of Leshan Electronics, it will be renamed Dongshan Youmin Education Technology Co., Ltd. Cut the original game console business and concentrate on learning machines. ”
"At the same time, to carry out online education, mainly primary and secondary education, taking into account vocational education, our goal is to make it the largest online education platform in China. ”
"Sister Xiaoyu, you immediately set up an acquisition team and go to Dongshan Province with Xiong Leshan tomorrow. Conduct a comprehensive assessment and accounting of Leshan Electronics' creditor's rights and debts. ”
"It is necessary to thoroughly check the validity and legitimacy of the assets, and there is no need to worry about omissions in the debt, as long as it is clearly agreed in the contract. ”
"In the process of liquidation, we should pay attention to the separate accounting of land, real estate, equipment, raw materials, inventory commodities, etc., and we should not want assets that are of little use to us. If we insist on accepting it, we can only pay the price of scrap. ”
"After the evaluation and accounting results come out, we will talk to them at a 6% discount on the total price, and the bottom line is 7% off. In the case of employee placement, because we manage it, the other party does not participate, and then it will be adjusted according to our management mechanism. ”
"Sister Xiaoyu, you have to send a few people to make an overall assessment of the touch screen produced by Leshan Technology, one is the asset, and the other is the market development prospect. ”
"Juanzi, you will also send a few people to Dongshan Province tomorrow to make a takeover plan, and after the acquisition is successful, our people will immediately intervene and put the company into operation as soon as possible. ”
"At the same time, you recruit some network IT staff, excellent teachers, can focus on retired teachers who have led the graduating class, experienced, the form can be diversified, full-time or part-time. ”
"After the personnel are in place, we will immediately formulate an operation plan, and we can start to trial produce some training courses from the language, mathematics and foreign language of primary schools, and strive to put online education into full operation in one year. ”
After asking some questions, the two got up and left to set up their work. He leaned back in his chair, rubbed his temples, and relived the incident in his mind.
Xiong Leshan can achieve today's achievements, naturally has his extraordinary talent, but his personality and personality quality have constrained his development.
He measures a person's value by his achievements, and he doesn't care about the feelings of others, so it is difficult to unite people's hearts. Pay attention to the external image, good face, very narcissistic, self-centered, like to show off.
And he has a stubborn personality, acts savagely, and has an extremely vindictive mentality. What's even worse is that he doesn't pay attention to integrity, is good at taking advantage of the fire to rob, and has almost no friends in the business world.
Guo Hongxiang is a good example, he thinks he is smart, but he didn't think about it, in fact, he lost more than the little benefit he obtained.
His conduct as a person has a great influence on the company he created, and it is deeply marked by his style - wolf corporate culture.
A kind of fighting spirit with wildness, wild, cruel, greedy, and violent, can produce strong combat effectiveness in a short period of time.
This aggressive, greedy, and persistent spirit also reflects the desperate mentality of many Chinese companies in order to survive.
The cruelty of the wolf, the cruelty of putting the other party to death and then hurrying. When promoting a wolf culture, some companies are likely to focus on this over the rest.
In this way, some enterprises blindly advocate "cruel competition" and "not giving each other room to live", etc., and the main connotation of wolf culture is "ruthless".
"Wolf culture" is a sharp double-edged sword. Behind the so-called "culture", there is inherent cruelty and ruthlessness hidden in the wolf nature.
Unscrupulous means to achieve the goal, flouting the rules, ignoring human nature, etc., can easily cause enterprises and employees to lose themselves and culture.
In the fight with market competitors, putting the other party to death is the only purpose, even if one side wins, it will be greatly damaged by vitality, forming a "lose-lose" result.
In the internal management of the enterprise, due to the lack of human nature, it is easy to form a tough rigid culture, between employees and bosses and between employees and employees will be "sexual evil" as the principle, mutual beware, mutual suspicion, no sense of trust, resulting in huge internal friction.
In the early stage of entrepreneurship, wolf culture can enable enterprises to develop and expand rapidly. But for the long-term development of enterprises, the "wolf culture" is a deadly poison, making enterprises fragile and unable to withstand the wind and waves.
Once the enterprise is at risk, the employees who are deeply poisoned by the wolf culture, the nature of the supremacy of interests, will not share the risk with the enterprise and help each other, but go their separate ways.
A rumor can make Xiong Leshan embattled and greatly damaged, which has a lot to do with his usual behavior.
Another Achilles' heel of him is that he is aggressive, and he likes to gamble and die in the future. Last time, he suffered a loss because of the production of air conditioners, but he didn't remember to eat, and this time he made the same mistake.
There is no love without a reason, and there is no hate without a reason. For Xiong Leshan, Hu Youmin doesn't care about likes and dislikes, everyone has their own way of living, which is understandable.
But if he doesn't take a bite of the meat delivered to his door, others will say that he is a fool. What's more, Hu Youmin is still a master of business, and he eats other people's meat, and he has to make others grateful.
In nearly ten days, the evaluation and accounting results of Leshan Electronics came out. The total assets are 130 million, the total liabilities are 43 million, and the company is worth 87 million.
According to the calculation of 60 percent, the company is worth about 50 million yuan, and it only costs 30 million yuan to acquire 60 percent of the shares.
However, Xiong Leshan mortgaged the company to the bank for a loan of 30 million, and according to the relevant laws, during the mortgage period, the mortgagor shall not transfer the mortgaged property without the consent of the mortgagee, except for the transferee to pay off the debt on behalf of the mortgagee and extinguish the mortgage.
Therefore, in order to acquire Leshan Electronics Company, the proceeds of the transfer should be paid off or deposited with the mortgagee in advance.
In this way, Xiong Leshan couldn't get a penny. Now he was a little anxious, called Hu Youmin, and asked him if he could buy all of Leshan Electronics?
Hu Youmin said with some humility: "Brother, some things are not decided by me alone, so many people in the group company look at me." ”
"If it were you, you wouldn't have done that, wouldn't you? Don't embarrass me, to be honest, I've been doing ideological work in the company for a long time for 60 percent of the acquisition. ”
"I need 60 million now to get out of the current predicament, you say, how many shares do you want to take in Leshan Technology?"
"It's not as much as I want, you can give as much as I want? I have to make an evaluation of Leshan Technology's assets, right? I am about to acquire the evaluation team of Leshan Electronics to evaluate Leshan Technology. ”
"Alright then, let them try to hurry. Xiong Leshan hung up the phone helplessly. In fact, the people he sent had already secretly evaluated Leshan Technology, and he wanted to grind Xiong Leshan more.
Leshan Technology covers an area of more than 300 acres, with a total investment of 210 million yuan, and has been completed for trial production, with a designed annual production capacity of 200 million.
However, if Leshan Electronics wants to operate normally, it needs at least 50 million working capital, so that the total investment will reach 260 million yuan.
Xiong Leshan asked for 60 million, and he could only invest 10 million in other places, which was estimated to be insufficient. It seems that his hole is a bit big, and it will have to be weighed carefully.
In less than a week, Xiong Leshan called again to ask, and it seemed that he couldn't stand it. Hu Youmin asked him: "Of the 60 million, how much liquidity are you going to keep for Leshan Technology?"
He hesitated for a moment and said, "Thirty million." ”
"30 million is not enough, right? Under an ideal state, according to the net profit growth of 20 percent, it would be turned over nearly 30 times a year. ”
"In other words, within twelve days, you have to complete a capital turnover from raw material procurement, production and sales, and payment recovery, which is impossible, right?"
"I can owe some credit for raw materials, and when I get through this difficulty, I can transfer funds from other places, and then liquidity will not be a problem at all." ”
"Can we get the raw materials on credit at present? And uncertain things cannot be used as the basis for the contract. ”
"Brother Youmin, what do you say?"
"According to you, you need 30 million to settle elsewhere, which is still an ideal situation, then the actual amount of money you need is 80 million. ”
"Eighty million is enough, how many shares do you want?"
"What is the total investment of Leshan Technology? You know better than me, how many shares should my brother give me?"
"The total investment plus intangible assets is 300 million, and then I promise to leave 50 million working capital and give you 30 percent of the shares?
"There are no 40 million intangible assets, right? Besides, the product is in the trial production stage, whether it can be successful or not, even if the product can be successfully put into trial production, what is the situation in the later market? ”
"Brother, tell you the truth, how much do you want?"
"Thirty-five percent, I also have to lead the company's production and marketing management. ”
"This ...... Dude, you're a little ruthless, aren't you?"
"This acquisition exceeded the initial budget, Leshan Electronics 30 million, Leshan Technology 80 million, a total of 100 million yuan, I can't come up with so much money now, and I have to make money everywhere. ”
"Okay. Yes. Yes. Brother, I convince you, 35% of the shares are fine, but the management rights cannot be given, this is the bottom line, you can participate in the management. ”
"I can understand, but the construction of management system and corporate culture must be based on our opinions. ”
"Okay, no problem, when will the agreement be signed?"
"Shall I give someone from the acquisition team a call and work with you on a first draft?"
After hanging up the phone, Tian Xiaoyu and Luo Juan were called and told them about the negotiation with Xiong Leshan. Then he said: "You two, tomorrow bring Hu Youfen and the lawyer from the legal department to Leshan Group." ”
"As much as possible to fight for the management of Leshan Technology, in some major departments, we must have our people involved. ”