Let's go back a little bit back a little bit to a little over a month ago. Pen & Fun & Pavilion www.biquge.info

1 April 2004. April Fool's Day.

After more than a month of due diligence and negotiations, the acquisition team headed by Zhao Yihua officially reached an agreement on the terms of the acquisition with all shareholders of Shanghai Haofang Online Information Technology Co., Ltd.

The acquisition of Haofang, Fengxing company adopted the VIE structure, to Fengxing in the British Virgin Islands registered "Fengxing BVI" company, in Shanghai Zhangjiang Hi-Tech Park newly registered Fengxing Information Technology (Shanghai) Co., Ltd., with this company as the main body of acquisition, and Shanghai Haofang Online Information Technology Co., Ltd. shareholders Li Lijun (42.5%), Zhu Lu (42.5%), Xu Yaosheng (15%) and others, respectively, signed the "equity transfer agreement".

At a total price of 36 million US dollars, the acquisition of the shares of Shanghai Haofang Online Information Technology Co., Ltd. held by the three people, and the three people hold a total of 100% of the company's shares.

Subsequently, Fengxing information (Shanghai) company through a series of "share sale and purchase agreement", "software license agreement", "loan contract", "share option agreement", "equity pledge contract", "equity holding agreement", etc., the shares held by Hao Fang online by Yao Xiaoguang, Zhang Zhiframe two people respectively, including the legal representative Yao Xiaoguang.

So far, Fengxing online and its actual controller Lin Feng through the Fengxing information (Shanghai) company control agreement, the actual control of Haofang online.

Subsequently, Fengxing Online announced in Beijing that Fengxing has completed the wholly-owned acquisition of Haofang!

This news obviously caused a big shock in the Internet, especially in the game industry.

At this time, Hao Fang was at its peak, and its battle game platform had a maximum of 320,000 simultaneous online users, and an average of 200,000 simultaneous online users. In addition, it regularly holds various large-scale e-sports events, and has the largest e-sports website "CGA" in China, which can be said to have a great influence in the industry.

"The acquisition of Haofang, will enable us to provide massively multiplayer online role-playing games and casual game products on the basis of a new game product," Fengxing CEO Lin Feng said, "we can use Fengxing has a wide range of sales network nationwide, and Haofang's online game platform, to expand our user base, and increase user loyalty by providing more game options. ”

……

"Smack!" In the office of the president of Shanghai Shanda, Chen Tianqiao slapped the newspaper on the table!

"The wind is moving too fast, we just noticed their negotiations with Haofang, and prepared new conditions to bid again, they have completed the acquisition!" Chen Tianqiao frowned tightly and rubbed his eyebrows with his fingers. Said with annoyance.

Chen Danian picked up the newspaper and looked at it: "Brother, even if we bid again, we can't come up with $36 million at one time......, forget it, the most important thing for us now is to complete the listing, and we are about to start the roadshow, so we should not be distracted, this account will be calculated with Lin Feng after the listing!" ”

"Hey, careless! Big Year, what's going on on the winger's side? ”

"Fengxing doesn't seem to have any interest in the winger, and Zhao Yihua, who is in charge of the acquisition, has been staying in Shanghai and has not gone to Hangzhou." When he knew that Fengxing was involved in Haofang's acquisition, Chen Danian immediately stepped up the acquisition of wingers.

"Okay, you pay more attention, I really can't take care of it for the time being, I'm about to start the roadshow, this listing is very important, and success or failure is here." Chen Tianqiao sighed.

After he acted as a legend, he has overcome all the obstacles all the way, and he has never failed, but he didn't expect to be careless, and Lin Feng, a kid, took the lead in Haofang's acquisition, and he was very unhappy.

But there is nothing to be done, Fengxing made a one-time payment of 36 million US dollars, which can be called wealthy, and Shanda, which has not yet been listed, is indeed inferior in this.

This IPO had to raise a sum of money in order to make a big acquisition, expand the business, get rid of the bad reputation of the game company, and build the dream of online Disney.

Chen Tianqiao secretly made up his mind.

…………

Hao Fang is down, Lin Feng naturally makes persistent efforts to gain time.

Since he is ready to cash out the funds after the release of the first quarter financial report, there is no need to save the existing funds of the popular company, at this time, time is more important than money!

The acquisition speed of the starting point Chinese network was also very fast, and Lin Feng quietly flew to Shanghai, and went back the same day, without attracting the attention of Shanghai companies such as Shanda.

Accompanied by Zhao Yihua, he met with several founders of the starting point for a meeting.

In this meeting, Lin Feng admitted with a smile that several Shenhao accounts, including "Son of the Wind", "Ten Years of Night Rain in the Rivers and Lakes", and "A Cup of Wine in the Spring Breeze of Taoli", were his own, and they were also to support the official reward function of the starting point. made several founders secretly say that they were really good.

At the same time, Lin Feng once again personally promised:

1. After the acquisition of the starting point, Fengxing does not participate in the actual management, fully trusts the existing founder team, agrees with their operating philosophy of online literature, and gives full support, and at the same time, Fengxing will continue to give a certain percentage of option incentives to the team.

2. After the acquisition of the starting point, all the channel resources of Fengxing will be shared with the starting point, so that users can enjoy the services of various business products of Fengxing in one stop, and fully support the starting point in terms of point card sales, recharge channels, publicity and promotion.

3. After the acquisition of the starting point, Fengxing will select the excellent works of the website and adapt the online game to realize the diversified realization of the copyright resources of the starting point. And promised to lay out and plan in the direction of publishing, film and television adaptation, etc.

4, Lin Feng said extremely domineeringly: No matter how much other company wants to spend to acquire the starting point, Fengxing's offer will always be more than 1 million US dollars to show the recognition of the starting point (it is inevitable).

I have to say that Lin Feng, who is now a big man in the domestic Internet industry, is still very shocked by the founding team of the starting point.

In particular, Fengxing has just completed the acquisition of Haofang Online at this time, Lin Feng's big pattern has begun to emerge, and everyone at the starting point also believes that joining the powerful Fengxing is very helpful for the subsequent development of the starting point.

In this way, the two parties can almost be said to be affectionate and concubines.

At that time, the initialing of the letter of intent for the acquisition was signed, and then Zhao Yihua will lead the acquisition team to conduct due diligence on the assets of the starting Chinese network, the author contract, the work library, etc.

Before Lin Feng left Shanghai, he sat in the car and took a detour to Hengshan Road, taking a look at the café he gave to Wen Xin.

...... is being renovated.

Lin Feng smiled slightly, didn't get out of the car, and went straight to the airport.

May 10, 2004, three days before the grand launch.

Fengxing Online announced in Beijing that the company has wholly acquired the original entertainment and literature portal - Qiqi Chinese.com (http://www.cmfu.com), and the acquisition is all in cash.

Lin Feng, CEO of Fengxing, said: "The acquisition of Qidian is another powerful move for Fengxing to continue to consolidate its leading position in China's online game market, and we have seen many successful cases of novel and movie interaction that are popular with readers, including Harry Potter, Lord of the Rings, etc. The entertainment and literary content owned by the starting point is not only loved by popular users, but also provides rich content support for popular online games in its independent research and development. Through this new model of combining literature and online games, we will promote the joint development of both parties, so as to further expand our user base. ”

At the same time, Zhao Yihua, the popular acquisition trader and director of the investment and mergers and acquisitions department, appeared in Hangzhou Wingfeng Software Company.

Chen Tianqiao, who got the news, was shocked!