Chapter 300: New Clear Wood Portal
May 27th.
Yanjing Zhongguan Village, Qingmu Information Technology Company.
On this day, the chief appraiser of Oracle Magnesium Company "Barry Adler", the chief appraiser of the island country SoftBank Group "Mizoguchi Yuki", and the valuer of IBM Group David Adler, a total of three Internet appraiser teams, gathered in Yanjing after completing the appraisal work.
In addition to the appraiser team, Jiang Fengnian, president and chairman of Huayuan.com, Lin Xinhe, and Jiang Xianbing, co-chairmen, also came to Qingmu Information Company.
Similarly, Mr. Masayoshi Son has traveled thousands of miles to participate in the formal negotiation of the valuation merger.
There were five people who attended the meeting, namely: Co-Chairman Li Feiteng, President and Executive Chairman Hou Jianhua, Vice President Ma Hong, Chief Technology Officer Chen Zhen, and Chief Financial Officer Tong Meiting.
A short, middle-aged man sitting at the conference table spoke in English: "We, SoftBank, have an estimate of $170 million for Qingmu Portal and $25 million for Huayuan.com. ”
After hearing the appraiser Mizoguchi's answer, Li Feiteng's mouth raised a smug smile, and he knew that Huayuan.com's valuation would not exceed $30 million.
"Our IBM valuation team, at the invitation of Mr. Li Feiteng, valued Huayuan.com at $22 million. A chubby magnesium native then said.
"Oracle's valuation team valued Qingmu at $190 million, and we feel that Mr. Philip Lee's personal influence in Asia is worth more than $20 million. Barry Adler looked up and smiled.
Jiang Fengnian, Lin Xinhe, and Jiang Xianbing, the three co-founders of Huayuan.com, all showed extremely surprised expressions on their faces. They can accept an estimate of $170 million. But Oracle's estimate of $190 million. It's really a bit inflated.
"Mr. Barry Adler, can you elaborate on how Li Feiteng's influence can be worth 20 million US dollars?" Lin Xinhe frowned and couldn't help but say, he is a businessman, this is the negotiation table, it is impossible to give up his own interests because he admires Li Feiteng.
"Mr. Li Feiteng is a well-known best-selling author in Asia, who has sold more than 10 million copies worldwide and has more than 10 million book fans. At the same time, Li Feiteng is a successful celebrity, there are countless admirers, and he has great brand influence and appeal among the global Chinese, simply put, the brand of Qingmu portal and Li Feiteng have been fused together, and the influence of Li Feiteng we are talking about is also the influence of Qingmu brand, which is a huge intangible asset, 20 million US dollars, in fact, it is already our conservative estimate of Oracle. ”
Barry Adler, who wears glasses, makes it very sensible. His words instantly received applause from more than 20 people in the conference room.
Of course. In addition to the three founders of Huayuan.com, there were applause.
After Lin Xinhe listened to the appraiser's explanation, he opened his mouth and found that he couldn't find any reason to fight back.
After the tripartite appraiser team finished speaking, Li Feiteng said with a smile: "Thank you to the tripartite appraiser team of Oracle, SoftBank and IBM for affirming the value of our Qingmu portal...... Mr. Jiang, Mr. Lin, Mr. Jiang, we Qingmu are willing to adopt the valuation of $25 million from the Softbank appraiser of Huayuan.com, and also accept the valuation of $170 million from Qingmu. ”
The three founders of Huayuan.com were relieved when they heard Li Feiteng's words, if he really wanted to firm up the valuation of 190 million US dollars, then the negotiations would be very long.
Lin Xinhe was still satisfied with the appraisal result, he nodded lightly and stopped interjecting.
Jiang Fengnian turned his head to look at the two chairmen beside him, he nodded, and said with a smile: "We accept this price on Huayuan.com!"
Li Feiteng smiled, quickly stood up, walked over and shook hands with Jiang Fengnian affectionately.
On this day, Huayuan.com completed the merger with Qingmu by exchanging 1 share for 0.14 shares of Qingmu Information Technology.
Li Feiteng himself added another $5 million to the new company, so the total value of the merged Qingmu Information Technology Company reached $180 million.
Huayuan Information Company in Silicon Valley will also be changed to Qingmu Information Company within two months and become a branch of Qingmu.
Naturally, the share holdings of the new company have changed, first of all, Huayuan Information has obtained 15% of the shares of Xinqingmu Company.
The 32 percent stake held by SoftBank, represented by Mr. Son, fell by 1 percentage point to just 31 percent.
Li Feiteng himself still firmly holds 51% of the absolute controlling stake, and the rest, Hou Jianhua, Ma Hong, and Chen Zhen each hold 1% of the employee shares, and only 1% of Hou Jianhua's equity can join the board of directors, and the remaining two only have dividends.
After the change in shares, the members of the board of directors also changed, from the original Li Feiteng, Hou Jianhua, and Sun Zhengyi, to Jiang Fengnian and Lin Xinhe.
After the completion of the merger, it is natural that the management of the new company will also undergo earth-shaking changes.
This is the third day, and in the conference room of Qingmu Information Company, the invited appraisal team has left, and those who remain are considered a family.
A female secretary stood beside Li Feiteng, looking at the bigwigs present, she smiled and said, "Next, please vote for the chairman of the board of directors!"
The vote was just a formality, and there is no doubt that Li Feiteng still voted for Hou Jianhua with the position of chairman.
"Hou Jianhua got 51 votes, and Mr. Li Feiteng got 49 votes!"
When the secretary finished speaking with a smile, Son Masayoshi touched his chin, he didn't expect Li Feiteng to still not hold the position of chairman.
Jiang Fengnian and the others also sighed, they were also very helpless about Li Feiteng doing this, because compared with Hou Jianhua, they expected to communicate directly with Li Feiteng, rather than with Hou Jianhua, an agent.
In their hearts, Hou Jianhua's rights are too great! The shares in their hands are far more than 1 percent of Hou Jianhua's, but they must listen to this person's management in the future.
The position of chairman has the right to convene the board of directors and remove the CEO, and he is actually the largest manager of the company.
However, for Li Feiteng, he is the biggest boss, and he does not need to hold any position to have the highest voice.
Hou Jianhua and Li Feiteng looked at each other and smiled, he looked at Ma Hong opposite and said: "I announce that Ma Hong will serve as the vice president of the Qingmu Portal Headquarters, Jiang Fengnian will serve as the general manager of the Silicon Valley branch, Jiang Xianbing will serve as the general manager of the Baodao branch, and Chen Ming will serve as the general manager of the Xiangjiang branch. ”
Everyone was stunned after hearing this, why didn't they read the position of chief president first?
At this time, Lin Xinhe suddenly raised his head, he looked at Li Feiteng nervously, and found that Mr. Li was smiling at him.
Could it be that I, Lin Xinhe, can become the chief president? (To be continued......