Chapter 136: Capital Injection

Tokyo, Haneda Airport.

The advance staff of Dagang City Merchants Bureau held a high sign and waited eagerly at the exit of the station.

"Hey, how old do you think Director Xiao is this year? I'm not even thirty years old, right? is already the director of the China Merchants Bureau, it's really amazing! A man in a rustic suit opened his eyes wide as he surveyed the crowd as they were leaving the station.

"I can't see it." The other shook his head like a drum and admired: "No matter how old you are, you are all beautiful women!" ”

The two eternal topics between men are women and bosses, not to mention Xiao Huaidan, who is both in one, how can there be anything that is not discussed?

"Not really!" The man in the suit had his eyes lit up and said, "I can't find a second one for a big beauty like Director Xiao." It's a pity that he was arched by Feng Kaigui's pig. ”

"And-" The other person said disdainfully: "You also know the news of the roadside society in Ludao, Xiao Huaidan and Feng Kaigui have no such relationship at all, it's all just nonsense that can't be eaten with sour grapes." ”

"Shhhh Director Xiao is out! The man in the suit interrupted him suddenly, raised his hand in the air, and waved it violently.

Xiao Huaidan pushed the salute cart with a dark green toad mirror on his face. He wore a red trench coat with a white turtleneck underneath. The high collar of the sweater accentuates her slender white neck, like a proud and elegant white swan.

However, such an incomprehensible beauty is now cordially waving goodbye to a man next to her.

The two of them, who had never seen their own director have this side, couldn't help but grow their mouths. Is this still the cold-faced queen Xiao Huaidan? That expression was almost like a cat who was coquettish to his master.

watched the man disappear into the exit. Xiao Huaidan regained his shrewd and capable appearance. She looked around, and ran towards the two pick-up men with small steps.

"Bureau, Director!" The man in the suit looked at Xiao Huaidan, who was getting closer and closer, and subconsciously shouted.

"Don't talk nonsense! Get a pen and paper! Xiao Huaidan said eagerly.

"Huh?" The man in the suit was still shocked by the scene he had just seen, and his head was a little uncertain.

"Hurry up, you want to kill me in a hurry!" Xiao Huaidan scolded angrily.

"Oooh!" The man in the suit woke up like a dream, touched around on himself, took out a notebook and a ballpoint pen and handed them to Xiao Huaidan.

Xiao Huaidan opened the notebook and began to write the company name silently. Judging from the name, it seems that they are all Japanese software companies. Some of the places that I couldn't remember were still empty, and it was clear that these names were short-lived memories in a hurry.

Xiao Huaidan spent more than ten minutes silently writing out a list. Obviously, there is no physical exertion. I was sweating a lot. But looking at the long list in the notebook, it really makes people sincerely admire her memory.

Xiao Huaidan closed the notebook and stuffed it back into the hand of the man in the suit. Some prostration said, "Check them one by one, and see the relationship between these companies and Xinke Computer Company!" ”

Tang Jun came out of Haneda Airport. Flagged down a taxi. I went into the city and found a hotel to settle in.

He had a day of rest first. Early the next morning, he went directly to the SoftBank Group to find Son Masayoshi.

Tang Jun's itinerary had already been booked, and it was not difficult to see Sun Zhengyi. When the two met, they first complimented each other. Tang Jun's experience of studying in Japan played a role, and won him a lot of favor for Son.

"Zhou Sang and I haven't been seen for a while, I don't know what Lu Dao sent you here for?" Son asked with a smile.

"There are two main things." Tang Jun took out a document from his leather bag, put it on the table and said: "First of all, I want to inform Sun Sang about the business development of Xinke Computer Technology Co., Ltd. during this period of time, as well as the progress of the software park in Japan. Second, Zhou Sang hoped that Sun Sang could agree to lend Liuer IM's $10 million debt-to-equity swap funds to Zhou Sang personally. ”

"Lend it to Zhou Sang?" Son Masayoshi said thoughtfully: "It's not impossible, but how can I guarantee my equity and debt after it expires?" ”

Son's $10 million loan to Liuer IM is a debt-for-equity swap. Although Liu'er IM is Zhou Shuo's sole proprietorship, it can't transfer this money out of Lu at will. If you want to use the funds outside of the Six Ears IM Company, you must get Son's consent.

This is also to ensure the interests of the borrower, otherwise Zhou Shuo will siphon out the tens of millions of US dollars, and after the expiration, only Sun Zhengyi will be left with an empty shell of a six-eared IM, wouldn't the investors be rolling all over the ground at a loss?

"We offer two options, one is to still use the shares of Liuer IM as collateral, and calculate the shares of 10 million US dollars based on the market value of Liuer IM after the debt matures. The second is to use a 30% stake in ST Computer Technology Co., Ltd. as collateral, and the two options can be decided by Sun Sang after the debt is due. ”

"Can I ask where Zhou Sang is going to spend this 10 million?" Son Masayoshi groaned and said.

Tang Jun pushed his glasses, nodded, and said eloquently: "We are going to invest this money in the planning of the software park, and Zhou Sang has persuaded the Xiucheng City Government to accept him as a strategic investor in the software park." In addition, ST Computer will also become the manager of the software park with the guarantee of revenue for the next five years. ”

Sun Zhengyi raised his eyebrows and said meaningfully: "Zhou Sang is really a big game of chess, so I'm afraid that the software park project will fall into his hands sooner or later." I promised to lend him 10 million personally, but I had one condition......"

"Sun Sang, please speak." Tang Jun sat down and nodded.

"I am asking for a capital injection into ST Computer to increase my shareholding." Son did the math, then said, "At least expand my stake to 30 percent." ”

Tang Jun frowned and said with a wry smile: "This means that you have to come up with another ten million dollars of funds, and the capital injection must be approved by the board of directors." ”

Tang Jun understands that Son Zhengyi obviously wants to occupy both plans, which is the domineering of capital predators. He is not only coveted by the future profit prospects of Liuer IM, but also optimistic about the benefits brought by the software park project. But he doesn't need to choose one of the two options, he just needs to wave the banknote, and the problem will be solved.

"I think a board meeting can be convened right now, and the agreement made over the phone is also valid. Zhou Sang and I, whose combined shares have reached 56.8%, can make this decision. ”

Son Zhengyi pushed the phone on the table down in front of Tang Jun and said with a tiger's eye.

Under the gaze of Sun Zhengyi, Tang Jun was quickly defeated. He swallowed, picked up the phone and dialed the number of Zhou Shuo's office.

ST currently holds 46.8 percent of the company's shares, with six students each holding 7.2 percent and Son holding 10 percent. Based on the annual profit of 3 million US dollars, it is not a problem to achieve a 20% increase in annual profit margin through the marketing of the ERP system.

Assessed through the income approach, the estimated value of the earnings over a five-year period should be between $29 million and $30 million. If Son wants to expand his stake through capital injections, he will need to invest at least $10 million to expand his stake to 32 percent. After the capital injection, the shareholding structure will become 38% of Zhou Shuo, and the six students will each hold 0.05% of the shares.

ST Computer Technology Co., Ltd., Masayoshi Son will become the de facto second shareholder. Whether or not to accept his proposal will pose a severe test to Zhou Shuo's mind.

The phone rang twice, and the voice of the secretary Dongfang Ke came out from inside. Hearing that it was Tang Jun's transatlantic call from Tokyo, he didn't dare to connect to Zhou Shuo's office without the slightest hesitation.

After confirming the transfer of the call, Tang Jun handed the microphone to Son Zhengyi.

"Zhou Sang, long time no see!" Son said hello with a smile.

Zhou Shuo was not surprised, tens of millions of dollars in capital trends changed, if Son didn't even have a phone call, then he would have to worry about whether he had chosen the wrong partner.

"Hello President Sun, I've been a little busy here lately, otherwise I'd go to Japan to meet in person, please forgive me!" Zhou Shuo chatted with Son Zhengyi.

Sun Zhengyi felt a little emotional in his heart, but in a few months, Zhou Shuo's development speed was really amazing. With the profits of a keyboard factory, it has leveraged a large project with an investment of more than a dozen or billions such as a software park.

Cleaning up his feelings, Son put forward his plan. In exchange for the on-lending of 10 million loans from Liuer IM, the company injected 10 million yuan into Xinke Computer Company.

"Okay, no problem!" Zhou Shuo barely had the slightest time to think, and he blurted out that he agreed.

This almost took Son off the rails, and there is not a single founder who would not be wary of massive capital injections by investors. Their desire to control the business is like the father of his daughter's upcoming marriage, forever maintaining a suspicious and tangled gaze.

However, for Zhou Shuo, ST Computer was originally a platform to attract the power of all parties. The pursuit of so-called absolute control is stupid and unnecessary.

ST Computer's two most important sources of profit are ERP system customization and software outsourcing services, and in the future, a software park management organization will be added. The first two do not involve any core techniques, and the official color of the latter limits the possibility of Son becoming the first shareholder.

If Son really wants to replace him, then let him deal with the bureaucrats in Xiucheng. Zhou Shuo wanted to see if he could play the management of the software park without the support of himself, the head snake.

For Son to fall deeper and deeper in Xinke Computer Company, Zhou Shuo is very happy to see it. It would be great if he could attract his attention here and succeed in stealing Yahoo himself. (To be continued......)