Just before Han Yi came to Runzhou, Tianyi Technology launched a secret acquisition of Jumei.

With the backing of a strong company, Shen Xin is handy.

At 12 o'clock in the morning of August 11, U.S./China time, the negotiation team led by Shen Xin secretly arrived at the headquarters of "U.S./China Hengrun Investment" in Boston.

As a natural person shareholder, Hengrun Investment holds about 7% of the shares of Jumei;

These shares did not bring a penny of profit to Hengrun, on the contrary, Hengrun Investment suffered a huge loss of up to 80 million US dollars, which is also the largest single loss investment of Hengrun since its establishment.

The negotiations between the two sides went smoothly, and Tianyi spent $55 million to acquire a 7% stake in the form of a subsidiary agreement;

According to the agreement, after the reorganization of Jumei Youpin in the future, when the stock exceeds the issue price, Tianyi Technology will give Hengrun Investment a certain amount of compensation;

After leaving Boston, Shen Xin and his party rushed to Wall Street in New York non-stop.

After graduating from the University of Pennsylvania, Shen Xin worked for the streaming giant Netflix for four years and knew many well-known people in the industry, many of whom now work on Wall Street.

Through these connections, the team contacted several large brokers, and then sat on Wall Street and launched a snipe/sweep of Jumei stocks.

On Monday, August 13, the stock opened at $4.16 per share and closed at $3.78 in the afternoon.

On August 14, the opening price was $3.75 per share, and by the end of the afternoon, it closed at $3.36;

On August 15, it continued to fall;

By the close of trading on August 16, the "JMEI" stock price was only $2.76 per share;

In four days, the stock price of "JMEI" fell by 32%, and its market value evaporated by $150 million;

As the chairman of Jumei, Chen Bao's personal worth shrank by $60 million again.

At this time, there was a lot of news about Jumei in China, and many people believed that the stock price was seriously undervalued.

As a company with annual sales of up to $1 billion, its stock price is only $2.76, which is incredible.

However, "JMEI" seems to be running out of steam, and once delisted, the stock can only be traded on the OTCBB or "pink sheet" market, which will further reduce the liquidity of the stock.

Moreover, many institutions stipulate that they cannot hold delisted shares and can only choose to sell, which will lead to further declines in stock prices. The result was panic selling.

When the market opened on August 17, the stock price of "JMEI" was hit hard.

At the lunch break, the stock price was only $2.45.

At this moment, the black hand behind the back finally made a move.

When the market opened in the afternoon, the situation changed abruptly, and the stocks that had been "pending orders" were swept away;

Such a situation quickly attracted the attention of people with intentions, which is the intervention of institutional investors. Those who were ready to grit their teeth and "cut meat" quickly covered the market and waited for the stock price to recover.

......

However, it was too late, Shen Xin's team secretly absorbed as many as 40 million shares in this week, accounting for 1/3 of the hairstyle, plus Hengrun's shares, they already held more than 17% of the "JMEI" shares in their hands.

And just when Shen Xin's team was making waves in the United States/China, the domestic side was also secretly contacting.

This includes "Xianfeng Huaxing" investment, which holds an 11.4% stake in Jumei;

and Sequoia Capital, which has an 18.8% stake;

The negotiation process on the side of Xianfeng Huaxing was very smooth, and Tianyi Technology won these shares for 98 million US dollars;

Sequoia Capital had a difficult time, and the two sides were at a stalemate after three days of negotiations;

At eight o'clock in the evening of the 19th, Yu Wei, the head of the negotiation team, talked to Han Yi on the phone, and then Han Yi called Shen Beikun.

The two sides communicated privately for a long time, and outsiders don't know what they said, but Sequoia Capital transferred its 18.8% stake in Jumei to Tianyi Technology for $100 million;

Since it is a listed company, the share transfer is a private agreement, and no official announcement has been made;

Together with the shares in Shen Xin's hands, Tianyi already has a total of 47.2% of Jumei's shares, exceeding 46% of Chen's team and becoming the largest shareholder of Jumei.

On August 20th, Monday, Tianyi Technology officially launched a tender offer for Jumei.

One stone stirred up a thousand waves, and the domestic media rioted, flocking to Jumei Youpin and Tianyi Technology, wanting to interview first-hand relevant information.

Yanjing Chaoyang Jumei Youpin headquarters, after receiving the tender offer letter from Tianyi Technology, fell into chaos.

As the largest shareholder of the company, Chen Yu naturally received the news as soon as possible.

When he arrived at the company, people inside were panicked, and many people gathered together to whisper about it.

Chen Yu didn't say anything, and walked quickly to the large conference room.

Jumei executives were all present, but the expressions on everyone's faces were very solemn.

Now is the time of life and death, once the company falls into the hands of others, their so-called entrepreneurial veterans, the future fate is worrying.

"Chen Dong ......"

"Chen Dong ......"

Chen Yu nodded and said in a deep voice, "Let's sit down!"

Without any extra politeness, Chen Yan said with a cold face: "On the way here, I called Mr. Shen of Sequoia, and their shares have been transferred by agreement, including the dangerous peak Huaxing. ”

"What?

"Why didn't they inform us of such a big event?"

"What can I do about this?"

“......”

Chen Yu raised his hand and pressed down and said, "Don't panic, everyone, the situation has not reached the worst;

At present, it is not known how many shares the other party holds, but in my estimation, it should be not much different from us, and in order to prevent being controlled by the other party, we have to compete with the other party for time.

"Jiang Hui, I'll leave the matter of acquiring market stocks to you. ”

A woman in her early 40s nodded, got up and walked out of the conference room;

"Huang Lei, you should immediately go to Xianfeng Huaxing to see Mr. Meng and strive to make them give up the delivery, but if you can't do it, you have to delay the time as much as possible. ”

A man with glasses in his 30s walked out of the conference room quickly after answering the call;

"Xiuwen, if you go over there again, it's best to talk to Mr. Shen face-to-face. ”

"I know. A fat man in a white shirt with a bloated figure got up and walked out.

Chen Ju glanced at his watch, stood up and said, "There's no time." I'll go to Zhenge to meet Mr. Xu first, you can get ready, and when I come back, we will go to Jin/Ling together. ”

"Okay, Mr. Chen......"

......

The "Zhen Fund", which is across the street from Sequoia Capital, is also located in the core area of Huamao CBD. Looking down from the floor-to-ceiling windows, you can overlook the most prosperous street scene in the whole of Yanjing.

At this time, Xu Xiaoping, the founder of Zhen Fund, was sitting in a black leather sofa, receiving Chen Xiao, the youngest CEO of a listed company on Wall Street in hundreds of years.

"Teacher, what does Sequoia Capital mean? If I hadn't taken the initiative to call Shen Beikun, looking like this, even if it was completely delivered, he wouldn't have told me. ”

Chen Beat, who has always looked calm and calm in front of outsiders, his whole face was distorted and deformed at this time.

Xu Xiaoping personally poured him a cup of tea and said, "It's not strange, Shen Beikun is a well-known old fox, and he is a pure businessman, if it is profitable, let alone you, whoever comes will have the same result." ”

Chen Zhu took a sip of tea, and said with a frosty face: "This old king-bastard, he doesn't even talk about any business rules, and does this kind of thing." ”

Xu Xiaoping said: "It's pointless to say these things now, Tianyi's side is what you should consider." The other party is menacing, and it seems that he will not give up. ”

Chen Yu thought about it with a cold face, and asked, "I don't know much about Tianyi, teacher, you have been in contact with them, do you have any opinions?"

Xu Xiaoping frowned and shook his head: "I don't have deep contact." Several financing agreements sent before have been rejected by them, and I don't know if they don't look down on the real fund or if they have been prepared for a long time. ”

Chen Yu said: "I'll go to Jin/Ling later, and have a head-to-head confrontation with their boss." ”

Xu Xiaoping hesitated: "Now go to Jin/Ling...... I don't think it's useful.

Their boss Shen Xin is just a professional manager, and all the power of life and death in the company is in the hands of Han Yi;

However, according to my analysis, Han Yi is quite arrogant, and I am afraid that you will not even be able to see his face if you go. ”

Chen Yan gritted his teeth and said, "Then I'll wait downstairs in their company." ”

......

Just when Chen Ji rushed to Jin/Ling, Han Yi was still in Runzhou.

Last night, the video conference was held until half past one in the morning, and when I returned to the room, He Xiaoxiao, who had washed white, had already fallen asleep.

In fact, even if there was no Jumei Youpin, he didn't plan to do anything last night.

As the saying goes, good things are grinding, anyway, it's almost a kick in the door now, and there is no need to rush for a while.

As soon as she woke up naturally, she opened her eyes and He Xiaoxiao was already dressed and sitting on the edge of the bed.

Han Yigang was about to get started, He Xiaoxiao pointed out the door, "Someone is coming." ”

"Who?"

"Guess. ”

Han Yi reacted quickly, "That Deputy District Chief Liu?"

He Xiaoxiao put down her phone, reached out and said with a smile: "Let me touch/touch, how do you have a melon seed in your head? ”

Han Yi gave her a word, "Get out!"