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Chapter 301 Du Qingqing leaves, Qingchengs personnel shakes up!(1/3)

"That's it."

Facing the sincerity shown by Wang Xin, to be honest, Zhang Shuo was a little moved, "I would like to know, if, I mean if, Moya is willing to acquire Molduan, do you have any additional requirements?"

Wang Xin must be asking for something when he cooperates like this.

"I hope to lead my team to join Qingcheng Group. I need to serve as executive vice president of Qingcheng Group. President would be better." Wang Xin was not polite at all.

Talented people are confident.

"I understand. In this case, we still need to discuss internally whether to acquire Mold Group." Even so, Zhang Shuo did not give Wang Xin an accurate answer.

Although Mold Tuan is in dire straits, it cannot be won by a few hundred million.

Funds should be used wisely!

"Then I will wait for your answer in Binhai City!"

Wang Xin shows unusual persistence, the kind that won't give up until he achieves his goal.

"what ever!"

………

In the afternoon of that day, Zhang Shuo held an online video conference through Feixun Conference.

Lu Kai, Pei Weiping and Du Qingqing attended the meeting.

"Everyone, please express your opinions first."

After Zhang Shuo introduced the basic situation, he did not rush to express his position, but first solicited everyone's opinions.

He himself hasn't made up his mind yet.

"Purely from the perspective of business complementarity, the acquisition of mold group is indeed a great reinforcement for Qingcheng Group. However, Qingcheng Group's funds have already been used for planned purposes and there is no additional funds to support this acquisition."

Pei Weiping was the first to speak.

After the A round of financing, if Qingcheng Group is short of money, it will not be able to allocate it directly from Sprout.

There is no way that Mei Ya can be taken advantage of.

"If you want to acquire, it can only increase capital." Pei Weiping added.

The so-called capital increase refers to the act of a company increasing its registered capital in accordance with the law in order to expand its business scale, broaden its business, and improve its creditworthiness.

For example, if the capital is increased by 2 billion, then all shareholders of Qingcheng Group need to subscribe according to their shareholding ratio. As the major shareholder of Qingcheng, Mei Ya needs to subscribe 80%, which is 1.6 billion.

It's also a big challenge.

"It doesn't necessarily mean increasing capital. We can merge." Lu Kai had a different view.

"How to merge?"

"It is to use Qingcheng Group as the main body to absorb the mold group, and determine the share exchange ratio based on the valuations of both parties. After the A round of financing, the valuation of the Qingcheng Group has exceeded 20 billion. The mold group's valuation is as high as 2 billion.

The two companies can exchange shares at a ratio of 1:10. This is equivalent to Qingcheng Group giving up 10% of its shares in exchange for 100% of Moutuan's shares." Lu Kai is indeed a master of capital operations.

"This is a good idea." Zhang Shuo nodded.

It is equivalent to saying that Qingcheng Group swallowed the mold whole without spending a penny.

Then I felt something was wrong again.

"The discussion now is not how to acquire, but whether to acquire, right?"

How does it feel.

Did they reach an agreement immediately on the acquisition of Moutuan?

"If we can absorb the mold without using cash, I support it."

Pei Weiping expressed his stance.

"The user information, merchant information, and operating experience in the local life services field that Mituan has accumulated since group buying have all strengthened Qingcheng Group." Du Qingqing also agreed.

Of course, Lu Kai had no objection, "I would like to add that the 1:10 share exchange I mentioned just now is just a metaphor, and the specific ratio can only be determined after evaluation by the Investment and Acquisition Department."

According to the valuation of both parties, 1:10 Qingcheng Group feels that it has lost money.

Although the merger does not require the Qingcheng Group to squeeze out its cash, if the Qingcheng Group is willing, it can easily raise 2 to 3 billion acquisition funds by initiating Series B financing.

There is actually no essential difference between the two.

The only difference is that the B round of financing introduces new investors, and the merger and share exchange is equivalent to introducing the previous shareholders of the mold group as "new investors" to Qingcheng Group.

Give me a chestnut.

Ahli holds 18.78% of the shares of Mituan, so after the 1:10 share exchange, Ahli will hold 1.878% of the shares of Qingcheng Group and become one of the small shareholders of Qingcheng Group.

Including Scarlet Capital, a bitter rival, will also become a small shareholder of Qingcheng Group, holding 1.228% of the shares.

From the perspective of Wang Xin's management team, their entire team currently holds 69% of the shares of Mituuan. Naturally, they hope to be merged with Qingcheng Group rather than acquired in cash.

In this way, Wang Xin's team will hold 6.9% of the shares of Qingcheng Group, becoming the second largest shareholder of Qingcheng Group in one fell swoop, ensuring that they can gain a foothold in Qingcheng Group without being excluded.

This is also the bottom line of Wang Xin’s team.

"Since everyone agrees to acquire Moutuan through a merger, the next question is, Wang Xin proposed to serve as executive vice president or even president of Qingcheng Group. How should you respond?" Zhang Shuo asked again.

"President, you must not be able to do that, right?"

Seeing that Pei Weiping and Du Qingqing were not able to express their opinions, Lu Kai stood up decisively, "As for executive vice president, that also conflicts with Mr. Du's position. I suggest that at most one vice president position be given."

Du Qingqing is the senior vice president of Qingcheng Group. The original arrangement was that after Zhang Shuo stepped down as chairman of Qingcheng Group and Pei Weiping took over, Du Qingqing would take over as president.

Now a sudden change like Wang Xin has suddenly disrupted the personnel arrangements of Qingcheng Group.

"How about I step down and Mr. Pei becomes the chairman of Qingcheng Group, Mr. Du becomes the president of Qingcheng Group, and Wang Xin becomes the executive vice president?" Zhang Shuo gave a solution.

"I don't think it's appropriate."

Lu Kai objected again, "After Qingcheng Group integrated the mold group, the internal factions became more and more complicated, and it became even more necessary for you, Mr. Zhang, to be in charge. If you step down as chairman of Qingcheng Group at this time, I'm afraid there will be more trouble."

There is another point that Lu Kai did not say clearly.

That is, once Zhang Shuo steps down as chairman of Qingcheng Group, there is a possibility that Qingcheng Group will escape from the control of Germination. Although this possibility is slim, it still has to be guarded against.

Even if Zhang Shuo were to step down, an executive from the Germinal Group should concurrently serve as the chairman of Qingcheng Group, not Pei Weiping.

The most suitable position for Pei Weiping is his current position as president, unless he is promoted to the Germinal Group.

"Qingcheng Group cannot do without you, Mr. Zhang."

Pei Weiping also expressed his position. This was not about being arrogant, but after carefully weighing the pros and cons, it was indeed difficult for him to control the situation with his own funds, so Zhang Shuo was needed to take charge.

"I agree with Wang Xin to serve as executive vice president of Qingcheng Group."

Unexpectedly, the focus figure Du Qingqing actually stood up and expressed his willingness to let Xian.

"Are you sure? There is no such thing as joking in the workplace."

Zhang Shuo's eyes were fixed.

"Sure." Du Qingqing's eyes were clear and she said with a smile: "I originally planned to go to Huipu Business School to study this year, but Wang Xin is coming, so it saves trouble."

"You come to my office tomorrow."

Zhang Shuo neither agreed nor refused, and was ready to have a serious talk with Du Qingqing face to face.

See if there is anything hidden inside.

The video conference ended in a slightly awkward atmosphere.

………

The next day is Thursday.

Zhang Shuo was originally going to school, but in order to wait for Du Qingqing, he asked the teacher for leave.

Fortunately, there will be fewer classes next semester.

At about ten o'clock in the morning, Du Qingqing appeared in Zhang Shuo's office.

Compared to the landlady of Qingcheng Xiaozhu, who was still a little green more than a year ago, Du Qingqing has been in the position of a senior executive all year round. Under the influence of the environment, Du Qingqing appears to be more capable and has her own aura.

The kind that carries the wind when you walk.

Outside, with the blessing of good looks, he is already a well-known professional manager.

It's just that Du Qingqing, like Zhang Shuo, is restrained and doesn't like to show off. He never tries to flatter others in front of media reporters and makes shocking remarks from time to time.

He rarely even gives interviews to the media.

It can be seen that in some aspects, Du Qingqing is deliberately learning from Zhang Shuo.

"Why do you suddenly want to study at Huipu Business School?"

Of course, with Du Qingqing and Zhang Shuo, there is no need to beat around the bush and say whatever they want.

Although the opportunities for the two to meet in real life have been greatly reduced since the Qingcheng Group headquarters moved to Yangcheng, Zhang Shuo still receives artistic photos of Du Qingqing from Chen Xiaowan from time to time.

He was very doubtful.

Du Qingqing already knew that Chen Xiaowan was a traitor.
To be continued...
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