Chapter 931 Can't Keep Up with the Pace
According to the initial intention reached by Weng Jinjun and Wu Xiaozheng, the two sides injected capital into the cooperative company in proportion, of which Wu Xiaozheng's side accounted for 51% and Weng Jinjun's side accounted for 49%.
For this ratio, Weng Jinjun originally hoped for more, but because Wu Xiaozheng insisted on controlling it, he agreed.
But now, Weng Jinjun thinks that his shares are a bit too much.
The reason is very simple, if the five hotels are on the same page, then the original agreed capital of the cooperative company will definitely not be enough, or in other words, after the company registration is completed, it is possible to increase the capital at any time as needed.
The capital increase is also increased according to the proportion of shares.
Weng Jinjun is really worried about his financial problems.
If he doesn't budget now, it will be a big problem if he doesn't have enough money to invest at that time, which will make Wu Xiaozheng doubt the integrity of his cooperation.
If there is also a problem with the capital increase in the future, it will also be a big trouble, and it will easily involve equity disputes.
Therefore, Weng Jinjun wanted to communicate with Wu Xiaozheng in advance to show his sincerity in cooperation.
"Wu Dong, to tell you the truth, if the five hotels invest together, there will be a shortage of my funds, do you have any good suggestions in this regard?"
Wu Xiaozheng was surprised by Weng Jinjun's honesty, and at the same time, he also understood Weng Jinjun's difficulties.
According to Wu Xiaozheng's understanding, Weng Jinjun's main asset is the four-star Waldorf Astoria Hotel in New York.
For Weng Jinjun, from the operation of a four-star hotel to the sudden operation of five five-star hotels, this leap is indeed a bit big, even if he needs to invest only in a part of the hotel, it is indeed enough.
Alas, the main reason is that the development of Zhengjia's side is too fast, so fast that even the partners can't keep up with the pace of development.
Moreover, Wu Xiaozheng estimates that this development speed will be faster in the future. In that case, Weng Jinjun's capital will be even more unable to keep up with the needs of the cooperative company.
This is indeed a big problem.
After thinking about it, Wu Xiaozheng said: "You now have two choices, one is to reduce your shares, and the other is to keep your shares unchanged, sell the Waldorf Astoria Hotel in New York to Wu's Enterprises, or buy shares in the cooperative company at a discount." ”
This is the solution he can think of for Weng Jinjun.
Weng Jinjun was a little surprised.
The first option is forgotten.
The cooperative company's money is so bright, how can he be willing to reduce his shares?
Isn't that pushing visible money out?
If he was not forced to do so, he would never have chosen to reduce his shareholdings.
Therefore, Weng Jinjun is interested in the second option.
Although he does not have enough cash to invest, the Waldorf Astoria Hotel is his fixed capital, and the fixed capital is indeed liquid.
Moreover, if it is liquidated to Wu's enterprises or shares in cooperative companies at a discount, there will not be too many twists and turns.
Weng Jinjun didn't think there was anything wrong with this.
Four stars for five stars, and anyone else knows how to choose.
The reason why he was surprised was that he was surprised by Wu Xiaozheng's proposal.
As far as he knows, Wu's enterprise is now mainly in the country, assets are also here, according to the principle of enterprise management, generally few enterprises in the main body is in the rapid development, the energy is dispersed.
Wu Xiaozheng's proposal is really a bit abrupt.
He replied, "I'm definitely inclined to the second option, but wouldn't it be troublesome for you to manage if I transferred the Waldorf Astoria to the Wu family?"
Wu Xiaozheng: "......"
How can it be troublesome?
Don't you know that I already have plans to go to the United States? I'm still worried that I don't have a place to stay in New York!
The reason why he has just made the proposal is based on this starting point.
If it's just people who go out, but careers don't, it's a serious waste.
"We already have plans to go to the United States. ”
Wu Xiaozheng told Weng Jinjun this very directly.
Weng Jinjun was a little surprised.
He was surprised by Wu Xiaozheng's pace.
In his opinion, the development speed of Wu's enterprises in China has been amazingly fast, so it is easy to have an unstable foundation, according to normal thinking, that is, after a period of rapid development, first stabilize the foundation, and then figure the next step of development.
Walking and steady, this is the strategy of most enterprises' development.
Now Wu's enterprise wants to break this convention, is it a bit risky?
But that's not his focus.
He had already discovered that Wu Xiaozheng's thinking could not be speculated according to the convention.
He cares about how the Waldorf Astoria will be monetized.
"Wu Dong, regarding the transfer of the Waldorf Astoria Hotel, which method do you prefer?
This is also one of the things that Weng Jinjun is more entangled.
There is a difference between the two ways.
If it is sold directly, Weng Jinjun can invest all the funds in the cooperative company, but if it is a share, it is equivalent to putting the fixed assets into the new company, and only about half of his capital can be invested in the five-star hotel project.
Wu Xiaozheng said directly: "If I had to choose, I would definitely choose the first one, because once I take over, I will invest in expansion, transform it into a five-star hotel, and then hand it over to the joint venture company to operate." ”
This made Weng Jinjun even more embarrassed.
Wu Xiaozheng's words undoubtedly told him that even if it is a Waldorf Astoria Hotel, the future standard is also five-star, and whether it is a direct sale or a discounted share, it is not negotiable.
The reason is that the joint venture company is also controlled by Wu's enterprises.
In this regard, Weng Jinjun is very happy to see it, but the problem is that if the method of discounting shares is adopted, once the Waldorf Astoria Hotel is expanded, he will have to invest a huge amount of money to keep the original share ratio.
Alas, it's completely out of tune!
Weng Jinjun already has a hunch that he may be more and more unable to keep up with the rhythm in the future.
In this case, it may be the best option to sell the Waldorf Astoria right now.
Only in this way will he be able to keep the proportion of shares in the cooperative company for a longer period of time.
Then he began to think about the consequences of the sale.
Although the sale of the Waldorf Astoria Hotel can be exchanged for a large amount of money, the question is, will there be a danger that its assets will be swallowed up by the Wu Enterprise?
Probably not!
The reason why Weng Jinjun believes this is that the cooperative company has a very important principle, that is, although the cooperative company is controlled by Wu Xiaozheng, he has made it clear that he only pays attention to financial supervision and business supervision, and the specific management rights are still in the hands of Weng Jinjun.
In this way, the risk is largely controlled by Weng Jinjun himself.
"Wu Dong, then look at the price of the transfer......"
Weng Jinjun has already made a preliminary decision.
"For the transfer price, let's go through the formal business process, first evaluate the assets, and then the two parties sit down to talk. How to talk about it, you go to Shen Mo them, I don't want to ask for details. ”
Weng Jinjun: "......"
Talk to Shen Mo?
How do I feel that from the beginning of cooperation, it seems that I have lost the qualification to talk to you on an equal footing?
If this continues, will I become your wage earner?