"Mr. Jiang, it is indeed as you mentioned, this is what I want to talk to you about today", Liu Qiangxi hesitated for a while and said.

"Oh, I'm listening."

Liu Qiangxi didn't say it thoroughly, and Jiang Hui naturally wouldn't ask if Jingxi Mall needed Guanghui Group to increase its capital.

"Mr. Jiang, as the second largest shareholder of Jingxi Mall, you are the most clear about the company's prospects, alas, forget it, I will say it directly, I hope that Guanghui Group can continue to increase its capital in Jingxi Mall", Liu Qiangxi said.

According to Liu Qiangxi's idea, he did not want to continue to increase the capital of Guanghui Group, but hoped to introduce other investors to enter.

Because if other investors are brought in, it will simultaneously dilute the shares of Liu Qiangxi and Guanghui Group, and he is still the majority shareholder of the company.

However, if the funds are brought in from the Guanghui Group, it will become the majority shareholder of the Jingxi Mall.

As a person with a strong desire to control, Liu Qiangxi does not want the company he has built to lose control.

However, Liu Qiangxi has contacted several venture capitalists one after another, but none of them are willing to invest.

The valuation of Jingxi Mall is much better now than in the previous life. Originally, the highest valuation of BWI at this time was only 200 million US dollars, and it fell all the way in the financing process.

However, in this life, with the early intervention of Korn Ferry Group, the current valuation of Jingxi has long exceeded 200 million US dollars.

According to Liu Qiangxi's idea, at least $100 million should be obtained at a valuation of $500 million.

However, thinking about it, when encountering the subprime mortgage crisis, it is always difficult to get his wish, otherwise Liu Qiangxi would not have talked about financing with Jiang Hui.

"How much do you want the Korn Ferry Group to increase its capital, and how much valuation do you want it to calculate?" Jiang Hui asked.

"At a valuation of $800 million, 20% of the shares were sold, but only half of them had voting rights," Mr. Liu said.

Shares can be divided into voting shares and non-voting shares according to whether shareholders have voting rights in the operation and management of a company limited by shares.

Among them, voting shares can be divided into: ordinary voting shares, majority voting shares, restricted voting shares, and voting preferred shares.

Ordinary voting shares, that is, each share has only one voting right, also known as single-right shares. This type of stock complies with the principle of equal rights of shareholders and is recognized by the company laws of various countries, so it has a wide range of application and a large number of issuances.

This is also the type of shares that BWI Mall intends to provide to Korn Ferry Group.

Majority voting stocks, i.e., stocks with a number of voting rights per stock, are also known as multi-voting shares.

Such shares are generally issued by a company limited by shares to specific shareholders, such as members of the company's board of directors or supervisory board, for the purpose of guaranteeing control of the company by certain shareholders, in order to limit the control of the company by shareholders outside the company, or to limit the control of the domestic industry by foreign holders of the shares.

In this way, a minority shareholder holding a majority of voting shares may become the majority of minority shareholders holding non-voting shares.

Restricted voting shares, i.e., stocks whose voting rights are restricted by law and the company's articles of association. After a certain number of shares are held, the number of votes a shareholder can enjoy will be restricted. The purpose of the restriction is to prevent minority shareholders who hold a majority of shares from using their majority voting rights to control the company's operations, so as to protect the rights and interests of many minority shareholders.

Generally speaking, if a company issues shares to raise funds, the proportion of shares held by the original shareholders will decrease and the equity will be diluted.

When a company is threatened with a merger, the original shareholder's control over the company is weakened.

As a result, some companies issue shares with restricted voting rights in order to raise the necessary capital and to prevent being acquired by other companies. The dividends of such stocks are higher than those of common stocks, but they have little or no voting rights.

"Mr. Liu, it's not the first time you and I have been in contact, so I said it directly", Jiang Hui said: "Your condition, I want to be in the venture capital circle, no one will pay attention to it, and I will naturally not be the one who is wronged."

"Mr. Jiang, what do you think should be?", Liu Qiangxi said.

"If you only agree that half of the shares raised have voting rights, then I can only give a valuation of $500 million, but if all the shares have voting rights, then the valuation of $800 million is not non-negotiable," Jiang said.

"Mr. Jiang, do you accept a valuation of 800 million US dollars?", Liu Qiangxi said.

"At a valuation of $800 million, BWI Mall would have to sell half of its shares in this round of financing, but I promise not to make any changes to the company's management in two years," Jiang said.

"If you sell half of the shares, the major shareholder will become Guanghui Group, but my idea of self-owned logistics can be realized, which makes people tangled," Liu Qiangxi thought in his heart.

Everyone wants to control something or someone else to a greater or lesser extent. Usually people with strong insecurities also have a stronger desire to control, and those who are cautious, pursue perfection, and are always unsteady in their hearts want to control others.

It is difficult for Liu Qiangxi to accept the loss of control of Jingxi Mall, but he does not want to give up the opportunity to realize his own logistics.

For a while, Liu Qiangxi was entangled.

"Mr. Jiang, you also know that over the years, I have put all my energy into Jingxi Mall, if I sell 50% of the shares at one time, after dilution, I will only have less than 30% of the shares," Liu Qiangxi said.

"Mr. Liu, the conditions I opened are not kind, you have been exposed to so many venture capitalists, you should know the value of Jingxi Mall in their eyes. Besides, a cake is only valuable when it is bigger, and if it is only a small piece, even if you eat it all by yourself, what is the point?" Jiang Hui said.

"Mr. Jiang, I can only accept half of the shares of this financing at most with voting rights, and I ask myself to have another veto in the company's major matters," Liu Qiangxi said.

"Yes, yes," Jiang said.

Jiang Hui is still confident in Liu Qiangxi's ability, and Jiang Hui has no intention of specifically managing Jingxi Mall.

So after hearing Liu Qiangxi think for a while and say that he wanted to have a veto, Jiang Hui agreed without thinking about it.

What Jiang Hui wants is to control Jingxi and enjoy the dividends of Jingxi's rapid development, as for who will lead it to take off quickly, it doesn't matter.

"Mr. Jiang, please take care of me after the happy cooperation," Liu Qiangxi stood up and stretched out his hand and said.

The big boss negotiated the direction, and the details were handed over to the personnel of the legal department of the Korn Ferry Group and Jingxi Mall.

So far, the layout of the Guanghui Group has basically been perfected.

(End of chapter)