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Chapter 20: Pick Up

The conference room of Xino Company was headed by Liu Fuhao, with eight people sitting upright among them, all of whom were tall, short, fat and thin. The only one with the same is suits and ties, all of whom were shareholders of Xino Company.

The atmosphere was very harmonious, and everyone had a smile on their faces.

Opposite them were Lin Han and Li Qingyu.

Attorneys on both sides are confirming whether there is any problem with the terms of the contract.

They all knew in their hearts that the current Sino Company was a mess. The debt-to-asset ratio was as high as more than 90%, and if there was a problem with the turnover cash flow, their company might be at risk of a break in the capital chain at any time.

Once the first default occurs, the dominoes are followed.

They had long wanted to sell their shares, but the price they gave them was too low. Now they had a good price and also took on their company's debts. They could get a sum of cash and get rid of it. This was the best thing.

So when Liu Fuhao summoned them and said that someone was willing to pay 10 million to acquire their company, they agreed without hesitation.

In their eyes, Lin Han is now like a rich second generation who doesn’t know how to invest.

They know best about their company situation. Unless large companies in the same field can use their own advantages and technologies to revitalize them, people who have never been exposed to the battery field will come in and there is little hope, and in the end it will be a mess.

It seems that if they acquire their company for 10 million, there are a lot of debts and bridge funds behind it, and it will take nearly 100 million to take over.

Over the years, they have gained enough in the company and now they can escape unscathed, and the result is good.

As for what they will do in the future, they are not what they should do. As long as the equity they are sold, the company will have nothing to do with them in the future.

"The contract is fine, you can sign it."

The lawyer of Sino Company closed the contract documents and nodded to the eight people.

"Then let's start."

Liu Fuhao smiled easily and was the first to take over the contract. He simply flipped through the contract and confirmed that some important terms were fine. He signed his name and handed it to Lin Han.

Lin Han also briefly looked through the contract and signed his name in the signing of Party A.

In just two minutes, all the equity transfer contracts of eight people were signed, and Lin Han remitted all the acquisition funds to their accounts.

This means that starting today, Sino will officially belong to Shenbing Technology.

"Happy cooperation, Mr. Lin, I booked a private room in the Heaven and Earth, and went to have a drink together?"

When the money was received, Liu Fuhao was relaxed and became energetic. The burden on his shoulders officially disappeared, and all the troubles of Sino Company in the future had nothing to do with him.

During this period, he had lost his hair for the company's operation, and now he finally escaped without permission and was taken over.

"No need, you drink, we have to deal with the company's business."

"Okay, okay, Mr. Lin is really young and promising. Then the company will be left to you from now on. If you have the opportunity to cooperate?" Liu Fuhao laughed loudly, shook hands with Lin Han, and left the conference room with the other seven shareholders.

There were only two people left in the conference room, Lin Han and Li Qingyu, and in addition, the contract on the conference table.

"This acquisition feels a bit unfavorable." Li Qingyu said.

"What I care about is not whether it is cost-effective, but time, money is exchanged for time, and acquisition is the fastest way to grow." Lin Han asked Li Qingyu to put away the contract.

Liu Na knocked on the door and entered the conference room and stood in front of Lin Han.

He is the assistant to the general manager. When Liu Fuhao was there, she reported to Liu Fuhao. Now Liu Fuhao sold all the shares to Lin Han. She knew that Liu Fuhao left the company, and now Lin Han is the owner of the company.

Before she left the company, she was also the assistant to the general manager.

"Boss." Liu Na shouted.

Lin Han nodded slightly: "Employees in the centralized office area, including the management."

...

"Have you heard that? The company is going to be acquired."

"It's the same job to be acquired, just change to another boss."

"Often companies will lay off employees when they are acquired."

"We have to pay our wages even if we lay off employees. Just work in other companies. I feel that if the current company continues like this, there will be no future."

"You have the ability and confidence, of course you are not afraid. Some people will be afraid."

"I don't know which company is the takeover."

“…”

In the office building, several employees were idle and whispering, and were a little worried. During this period, there was a rumor that their boss wanted to sell the company, but now the company is in panic.

Click!

After the conference room door opened, under the gaze of a group of employees, Liu Fuhao and several other shareholders left talking and laughing, leaving employees looking at each other in the room.

Just as they were about to discuss, the door of the conference room opened again and Liu Na walked out.

"Everyone puts all the work in their hands, and the new boss has something to say."

Liu Na's words undoubtedly confirm their speculation.

All the employees looked at each other and hurriedly put down their work, put on their employees' work cards, and concentrated in an open place, which was where their boss usually taught them.

The management team sitting in the office also came out.

Everyone was curious about the direction of the conference room, wanting to see who their new boss was. Under their gaze, Lin Han and Li Qingyu came out of the conference room.

“Welcome to the new boss.”

Liu Na took the lead, and all the employees applauded.

They all looked at Lin Han in surprise, and the new boss was a bit too young.

Are you going to stage a scene of a domineering office president? Several young and beautiful female employees secretly looked at Li Qingyu beside Lin Han, and subconsciously straightened their chests to compare.

Lin Han pressed his hands and signaled everyone to stop.

"Today is a brand new beginning for the company, with new rules and regulations. I hope you can adapt to a brand new company with a new look and attitude."

Just one sentence makes the scene unconsciously serious.

The employees on the field all had a bad premonition in their hearts, and Lin Han's next words confirmed their thoughts.

"Tell me about the new arrangements. Starting today and in the next month, the company will start assessing all employees. If the assessment fails, we will terminate the labor contract."

As soon as these words came out, the scene was chilly.

The young and handsome female employee who originally thought Lin Han seemed to see a demon.

"If the assessment is passed, your salary and benefits will increase by 30% on the original basis."

The originally heavy atmosphere became more lively with this decision.

Survival of the fittest.

What a cruel law of competition.

"At the same time, the company will start to compete for jobs. You feel that you are capable and can compete for higher-level positions. All of you can participate. We will decide whether you can hold a new position based on your own strengths and past business capabilities."

Elimination and competition.

Lin Han's decision is undoubtedly cruel to them, especially those employees who are not motivated and just want to stay on the spot.

"Lu Xiuqi, come here." Lin Han pointed a name.

The name of the treasurer.
Chapter completed!
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