Xiong Xiaoge's idea is to continue to exchange shares, but with the current market value, it is completely unequal. Last year, it could be changed because the gap between Skynet and Tencent was not big, at least a little stronger. And the current situation is that the sky network is very strong, and Tengxun is still in the same place and still owes foreign debts. Even if I can exchange it with you, I can't exchange it much.

So Chen Bo directly rejected this proposal and wanted to change? No way! You'd better sell to BP funds, and you'd rather spend some money to buy them than exchange shares. Xiong Xiaoge was helpless, facing the pressure of the fund expiration, and on the other hand, he wanted to hold more shares. But his few steps are all stupid, and there will always be times when he regrets it in the future.

Xiong Xiaoge walked out of the door of Sky Net with a complicated mood, and Chen Bo immediately notified Chris, and hurriedly took advantage of the fire to make an offer to buy it, without further ado. Putting the matter of group formation on the agenda earlier, there is still too much to do, and we can't always spend it here.

Chris has already failed once, and if he can't get it again this time, he will naturally have no shame to face Jiangdong's father, and after making an appointment with Xiong Xiaoge for the first time, he quickly completed the equity acquisition at a transaction price of 1 million US dollars. So far, Chen Bo has mastered 40% of Tencent's equity, and the total cost is 5% of Sky.com's equity and $9.8 million in cash.

Now that the equity issues on Tenson's side have been fully resolved, the next step is to hold a preparatory meeting for the formation of the group.

Chen Bo paid $50 million for all the shares and cash of Pangu Technology, Mo Fei for $15 million for Sky.com and Listening Music, Li Zhaojun for $12 million for Hesheng Capital, and BP Fund for $10 million in cash and 20% of Tencent's equity. Xiao Ma Ge's founding team's Tengxun equity premium was later invested in 25 million US dollars, of which Ma Teng accounted for nearly half.

In order to allow all the members of the Tencent team to be incorporated into the group at the same time, Chen Bo made certain concessions, which are worth about 15 million US dollars according to the normal valuation, which must be on the premise that someone wants it. Chen Bo didn't have so much money to eat, and at the same time, he didn't have time to take care of it, of course, it was better to use a curve to achieve the ultimate goal.

The remaining two shareholders are Lao Mo and Ye Tianhao, according to the current scale, Lao Mo's 10 million yuan in cash is only more than 1 million US dollars, what is enough? Lao Mo gritted his teeth and increased his investment to 42 million yuan, or 5 million US dollars, which is only one-third of Mo Fei's.

Lao Mo is not without money, but most of them are real estate, and the working capital that can be used is relatively small, and he has to do commercial real estate projects. However, Lao Mo's real estate company can take out a loan from the bank at any time, so he doesn't have to worry about having nowhere to find money. This is incomparable to the Internet industry, and banks will not give you an approval if they classify the Internet as a high-risk industry.

Ye Tianhao originally planned to use his mobile phone factory as a shareholder, but was vetoed by Chen Bo. The new group is taking the road of light assets, what do you use to get a factory, and you will need the group to save the losses in the future, and it is easy to be trapped, and now you only accept cash, which is equivalent to financing in disguise.

However, he did not have an empty appearance, and quickly transferred 10 million US dollars from nowhere, just to get a shareholder seat and stabilize Lao Mo.

According to the current amount of capital contribution, Chen Bo will account for 36.5%, BP Fund 14.5%, Mo Fei 11%, Li Zhaojun 8.7%, Ma Teng 8.64%, Ye Tianhao 7.3%, and Lao Mo only 3.6%. The other 4 founders of Tencent have a total of 9.56%.

In this way, Chen Bo himself and BP Fund hold a total of 51% of the shares, completely occupying the majority. In order to increase his shareholding, Lao Mo reached an agreement with Chen Bo to take 1.5% of the shares in his hand with 20% of the newly registered commercial real estate shares, which can be said to be a lot of money. At this time, Lao Mo's stake has reached 5.1%. Although it is still not high, it is still better than nothing, and it will not have any impact on Chen Bo's actual status.

Chen Bo originally planned to let Zhang Yiming also participate in the shares, and exchange the shares of Pangu Search back, after all, when he had this idea, he did not plan to form a holding group, but now he took his shares and established a new group, which is naturally of different value. But Zhang Yiming was only willing to be a technical nerd, and he didn't want to participate in the shareholders' meeting of Raushzi, so he had to give up. However, Chen Bo also promised him that no matter how Pangu Search financed, his 5% equity would not be diluted. As compensation for him.

After determining the proportion of each person's shares, it is natural to convene a general meeting of shareholders. The general meeting of shareholders is the highest authority within the company, which is somewhat similar to the people's congress. The general meeting, the establishment of the company's articles of association, the election of board members, the appointment and dismissal of senior management and other powers, is higher than the existence of the board of directors.

First of all, it is necessary to establish the articles of association of the company, directly reorganize the original Pengcheng Pangu Technology, and increase the registered capital to 100 million yuan. In order to weaken the regional division, Pangu Technology Group Co., Ltd. will be independently registered with the State Administration for Industry and Commerce, and the word Pengcheng in front of the company will be removed. The reason for the establishment of a joint-stock company is to make it easier to raise funds and exchange shares in the future, and the registered capital of each subsidiary will be increased to 10 million yuan.

At present, there are only 12 shareholders, and according to the company law, the board of directors of 5-19 people is to be elected, Chen Bo feels that the board of directors sounds like a meeting of a bunch of old men who are nearly half a hundred years old, so they call it the board of directors in a unified voice, and there is no difference anyway.

The Board of Directors is a body elected and appointed by the General Meeting of Shareholders to implement the resolutions of the General Meeting of Shareholders and to manage the Company on behalf of the General Meeting of Shareholders. There is no restriction that a shareholder can serve as a shareholder or an external professional to serve as a director.

There are many business leaders who may serve as directors of more than a dozen or even dozens of companies at the same time, and only when they are on the board of directors do they give their opinions and vote on important matters. After a symbolic election, Chen Bo became the chairman of the board of directors of Pangu Technology, with Ma Teng, Zhang Zidong and Li Zhaojun as executive directors and Ye Tianhao as independent directors.

Ma Teng is in charge of products, Zhang is in charge of technology, Li Zhaojun is in charge of finance, everyone has corresponding responsibilities, Ye Tianhao does not serve in the company, so he serves as an independent director, mainly to give opinions and supervise the work of the board of directors.

Lao Mo is the supervisor, who is responsible for supervising the group's internal financial situation and is directly responsible to the general meeting of shareholders.

The board of directors will temporarily set up 5 people, too many are useless, and now there is a lack of talents, and when the team grows bigger, we will continue to increase the number of directors.

Chen Bo can be regarded as the youngest chairman of the board of directors, at the age of 21. The founder of the Huaxia Ren community is only one year older than Chen Bo, and one of the executives has not graduated from college. But to be the chairman of the board of directors of a group, Chen Bo is the absolute first person, this phenomenon will only happen in the Internet industry, other industries have not developed so fast, which is also the charm of the Internet.

As the saying goes, there are three fires for new officials, and Chen Bo, who has just taken office, has to make all employees feel the benefits of Chengxin Group. The first one is to raise the salary, and Chen Bo doesn't care if the salary is not. But the salaries of other senior management executives are really too low now, and they are completely unequal to their own efforts.

For example, Ma Teng, the salary of 2500 is enough to do anything, and the monthly salary of 10,005 is added, which is more in line with his identity, and ordinary employees are also increased by 15%, and the human resources department focuses on building a salary rating system that is more in line with future development. It is formulated according to the number of years of work and the content of the work.

All the original positions of the following companies remain basically unchanged, and Chen Yidan, the chief administrative officer of Tencent Company, is also the executive officer of the group, he is a graduate of the master's degree in law, and he is the only one who assists in dealing with legal issues within the group. Chen Bo no longer serves as the CEO of Sky.com, giving way to Mo Fei, senior vice president.

Even so, Chen Bo is still the CEO of Dingdong.com, Meitingmusic.com, and Pangu Search, and he is busy enough. Except for the beautiful music network, which can be more relaxed, and Guan Xin can stand up, he has to take responsibility for the other two companies.

The holding group was established, and then it was necessary to concentrate resources to support its companies.

First of all, Pangu Network Technology Co., Ltd. injected 10 million US dollars into the main network search business, injected 5 million US dollars into Pengcheng Tengxun Computer Technology Co., Ltd. for debt repayment and future development, and injected 2 million US dollars into Dingdong for the construction of C2C e-commerce platform.

The remaining $8 million in liquidity in the group will be planned to see which company has a demand for funds in the future.

After the shareholders' meeting, the board of directors was held, and the closed-door meetings in the past few days could make Chen Bo not light, and everything from big to small went through again. I'm afraid that something will be missed, and I'm afraid that something will happen. Fortunately, everyone's focus is now on how to make the business bigger and how to make a profit, and there is no sign of fighting for power and profit.

With the approval of the local government, the industrial park can be renamed and listed, and the front of the industrial park will be officially hung with the big characters of Pangu Science and Technology Group Industrial Park. As for the inauguration ceremony of the new group, everything is simple. Just make a ceremony to make the employees happy, the media don't need to invite anything, it's always right to make a lot of money in a muffled voice.

After Depp, as the shareholder representative of the BP fund in Pangu Group, granted the voting rights to Chen Bo at the shareholders' meeting, he took Chris and Jason back to the United States, where there is still a mess of things to do, how can there be time to stay here.

Before leaving, Chen Bo gave them the task of finding an empty shell film company to try to buy out some film and television copyrights, such as "Ghost Ultimatum", "The Hobbit", and Capcom's "Resident Evil". I don't shoot, but I can dominate the pit first, and it's easy for other companies to shoot if they want to. Either pay a high price, or let me show my face with a piece of co-production, Chen Bo is the idea.

The other Chen Bo can't remember so much, just take these down first. As for the question of BP's profitability, it depends on Chris and Jason, Depp only needs to control the company's internal affairs, and if there is any problem, phone calls and emails can be communicated.