Chapter 339 Valuation of 10 billion(1/2)
"Of course I've heard of Jinming tea."
As the 'boss' in today's new tea beverage industry, Yuming Company naturally pays close attention to its peers. Not long after the company was registered, Xu Renshan immediately received a report from a female assistant.
Xu Renshan even learned from some secret channels that the shadow of his old enemy Song Heli was behind the establishment of the investment company Jinming Tea.
It was obvious that Song Heli failed to recruit Vice President Fan, but he was still determined to enter this new tea drinking field.
In addition to setting up a tea company in Shanghai, the so-called Qingcheng Investment also registered Lianming Tea in Hong Kong City with a registered capital of HK$100 million.
The opponent is approaching fiercely, and Yuming Company is ready to prepare.
Although the market for new tea drinks is huge, there is no room for two tigers in one mountain. One is declining and the other is growing. Yuming Company, which is trying to secure its position as the big brother, must have countermeasures.
Of course, there is no need to panic for Yuming Company, which currently occupies a huge advantageous position. It is the last word to proceed steadily and in an orderly manner while busy.
Xu Renshan even had good reason to doubt whether this was also a pawn used by Song Heli to transfer assets.
"Our group is willing to invest 500 million yuan to support the development of Yuming Company's coffee chain brand, and will also transfer advantageous stores in several first-tier cities."
Seeing that the other party was unmoved, Sheng Qinglan was not surprised and stated her conditions generously.
Wakaka Group has been involved in the bottled beverage industry for many years, and is naturally coveted for the sudden rise of new tea drinks with great prospects.
However, the senior management of Wakaka Group is very aware of its own advantages and disadvantages. The ship is too big to turn around and it is difficult to bite off more than it can chew. Using funds to invest in Yuming Company is the best way.
If you want to invest in stocks, you need to invest in the leading stocks in the industry.
"How many shares does Sister Sheng want?"
Upon hearing the other party's conditions, Xu Renshan subconsciously asked a question.
To be honest, after this period of study and his wife's implicit guidance, Xu Renshan knew that if he wanted to list Yuming Company, it would be impossible to hold all the equity in his hands, and strategic introduction of foreign investors was the only way to go.
It's just that Xu Renshan wants to make Yuming Company grow bigger and then introduce other investment institutions to get a better price.
"20 points."
Holding up two beautiful slender fingers, Sheng Qinglan told her price.
In other words, their Wakaka Group has already valued the Yuming Company, which was just established half a year ago, at 2.5 billion, which can be said to be insincere.
There are some investment institutions that are interested in taking shares, but they can only offer a valuation of 2 billion at most.
After all, it is difficult for an outsider to know the specific funds that Yuming Company accounts for every month, let alone that five or six of the funds have been misappropriated by a major shareholder for other purposes.
Of course, the more than 600 million funds previously misappropriated by Yuming Company were all in the name of loans and became the creditors of Renyu Investment, not the shareholders of Jingxi Mall and Balabala.
Nonsense, Xu Renshan is not stupid, how could he inject such good assets into a company that may be listed for nothing.
"Up to 5 points."
Xu Renshan, who frowned and twitched slightly, cut down to a quarter.
It has to be said that the benefits of becoming a leader in a certain industry are shocking enough. Even the bottled beverage giant Wakaka wants to get involved.
However, Xu Renshan didn't want the other party to get involved now, so he directly offered a price that was unacceptable to the other party.
Wakaka Group and Nongjia Spring had sent people to contact them before, but the conditions given were not within Xu Renshan's expectations and were directly rejected.
Now that the eldest lady of the Sheng family speaks as his wife's best friend, Xu Renshan always has to give a response, which is considered to save the wife's face.
Ten years later, Heytea with 800 stores was valued at 60 billion, Naixue with 600 stores was listed at 2 billion US dollars, and now Yuming, which has thousands of franchise stores, is valued at 10 billion. What happened?
!
The worst case scenario is that the other party doesn't invest in it.
It's not that he doesn't want to give it, it's just that the price gap between the two parties is so big that no one can blame him.
"hiss"
Listening to the conversation between the two, the women chatting next to them all looked over.
The investment of hundreds of millions is still very attractive, and it is also good to listen to shopping mall gossip after eating.
Sheng Qinglan, who had registered the Yuming Company for half a year and valued it at 2.5 billion, had already surprised Shi Qingxue and others. As a result, the owner cut off a quarter of the company and valued it at 10 billion, which made them all slightly distracted.
You know, after years of development, the bottled beverage giant Wakaka Group reported only more than 50 billion in revenue last year, with a market valuation of 80 billion.
It's really eye-opening that one person is stupid and has too much money, and the other person is too conceited.
Naturally, everyone present knew the price offered by Xu Renshan and did not want the Wakaka Group to join in for the time being.
"Then our group will invest 2 billion and get 20 points."
Facing the lion's mouth of her friend's husband, Sheng Qinglan raised two fingers again and agreed to the other party's valuation without hesitation, but increased her own investment.
Since you want to invest in shares, you must not only take 5 points of shares, as that will not have any advantage in subsequent financing.
Their Wakaka Group is not planning to go public, but they can invest in a company that is likely to go public, opening up a new field for the group.
When Shi Qingxue and others on the side heard this, most of them turned pale with shock. Only Shi Yuxuan, who knew a little bit, had a smile on her lips and recognized her husband unconditionally.
There is no way, her husband is just so good.
"this"
Hearing the generous terms offered by Wakaka Group, Xu Renshan, who was just trying to scare the other party, couldn't help but hesitate.
Really, the other party gave me too many things.
Xu Renshan really didn't expect that Miss Shanda was so courageous and could accept such exaggerated conditions.
"Handsome Xu, there is no need to rush to answer me. All the conditions I mentioned are valid before the end of the year."
Sensing the other party's intention, Sheng Qinglan did not take advantage of the situation and pursue him, giving the other party and the company's senior management enough time to think.
She believes that at this stage, no investment institution can have such sincerity, even if it is half the price.
In fact, Sheng Qinglan's move was not only due to the friendliness of the new Chinese rich woman, but also due to the difficulty of Wakaka's transformation.
Don't look at them. The Wakaka Group is now booming. Last year's revenue exceeded 50 billion, and it has exceeded 60 billion in the eleventh month of this year. But the family knows their own affairs, and Sheng Qinglan and several core executives have discovered the crisis.
In the past few years, Wakaka Group's revenue has been better than the previous year. It has created a prosperous situation by constantly introducing new products and providing large-scale profits to dealers.
The original products were unsaleable, competitors emerged one after another, but the group's real profits did not increase much.
There is no doubt that finding new profit growth points has become an urgent choice for Wakaka Group.
Otherwise, when this wave of growth shows signs of weakness, the group's operating income may face a huge drop, and the status of industry giants will become yesterday's news.
At this time, the sudden appearance of Yuming Company naturally came into Wakaka Group's sight, and the group's senior management held several special meetings for this purpose to study and judge the prospects of new tea drinks.
A leader in a new industry that is expanding rapidly, building brands rapidly, but not short of funds, has suddenly appeared in front of everyone, and its potential is so great that people are frightened.
Under the initiative of Sheng Qinglan, deputy general manager of the group and general manager of several branches, the top management of Wakaka Group unanimously passed a resolution: to become a shareholder of Yuming Company at all costs before other capital can react.
As a good friend of Shi Yuxuan, Sheng Qinglan was really afraid that Xu Handsome would be too self-respecting to allow outsiders the opportunity to invest in the company.
After all, their Wakaka Group's claimed market value of 80 billion is true, but its net assets are only over 10 billion, while her best friend is worth hundreds of billions.
Counting on the fingers, there are few people in China who are richer than her best friend.
"Thanks."
Raising the freshly squeezed juice in his hand, Xu Renshan had a rough idea of the sincerity of the eldest lady of the Sheng family.
If Yuming Company really wants to accept external capital in the future, Wakaka Group will definitely be one of them.
Seeing that this 'brother-in-law' was not surprised when faced with a valuation of tens of billions, Shi Qingxue, who was sitting at the table, had a complex look in his eyes and re-examined the other person with an unprecedented look.
Even Shi Qingxue, who comes from a wealthy family, has to admit that the other party's talent in business is indeed a bit exaggerated.
As far as she knew, the initial investment of Yuming Company was only a few million, and in just half a year it reached a valuation of tens of billions, achieving a thousand-fold increase in value. It can not but be said to be a business miracle.
As the major shareholder of the firm, Shi Qingxue naturally knows that Yuming Company is developing rapidly, and its valuation of tens of billions may be a bit unfair, but it is actually earning hundreds of millions a month.
"Don't eat this cold dish, eat some of this."
While we were talking about the topic, Xu Renshan noticed that his wife wanted to eat cold dishes, so he specially helped her change them.
Pregnant women still need to avoid eating. Some cold dishes are not suitable to be eaten because they are too cold.
"good."
Feeling her husband's thoughtfulness, Shi Yuxuan did not act like a little girl and ate the food served by her husband in an obedient manner.
"This soup is relatively light, but drink a little less to avoid getting tired of it."
While his wife was eating, Xu Renshan tasted the newly served soup and filled half a bowl for his wife, spreading dog food without caring about the four young girls next to him.
Having made a mistake last night, Xu Renshan felt guilty and wished he could be twice as kind to his wife, as meticulous as ever.
"OK."
While drinking the soup, Shi Yuxuan, who was used to it, felt it was nothing.
On the contrary, Sheng Qinglan and others who had just been chatting looked like they were sore.
Of course, they were not really joking, they were just a little envious of the relationship between the two, but Shi Qingxue's inner grudge had not been completely eliminated.
After lunch, Xu Renshan, who was worried that his wife would be tired, suggested going home to rest, and everyone parted ways.
Shi Qingxue did not follow her cousins, but returned to the house she bought in Shanghai with Nan Lin.
To be continued...