Chapter 28 The trouble caused by 5% shares

Xia Qianhe came to Chu City this time for two reasons. The first was revenge, for having a front tooth knocked out by Lin Feng; the second, and the real purpose of this trip, was to acquire 5% of Tengx.com owned by Lin Feng.

shares. And everything has been completed as a prerequisite for the second point.

Xia Qianhe's mother's company is the world-famous IMH consortium, which has taken a fancy to the future development prospects of Tengx.com and determined that it will become China's "America Online". (At this time, Google has not let most people see its prospects, but

A very small company.)

On January 10, 2019, AOL and Time Warner announced their merger to form "AOL-Time Warner", which shocked the world. This merger made the two companies the seventh largest in the world with annual sales of more than 30 billion US dollars.

large company, and the value of the new company after the merger is as high as 350 billion U.S. dollars, equivalent to the combined gross national product of Mexico and Pakistan.

Xia Qianhe's mother's imh consortium naturally does not have the financial resources and courage to annex a giant like "America Online", but the rise of domestic Tengx.com has given imh an opportunity, especially after Tengx.com launched a membership system and joined forces with the mobile network

, the market prospects are more promising.

At this time, one of the original shareholders of Tencent, Hong Kong Yingke Digital, sold its 20% stake in Tencent Holdings to the imh consortium of Xia Qianhe's mother for US$25 million due to debt problems, and the imh consortium

We are also in contact with another major shareholder, idg, and are preparing to acquire 20% of its shares at a price of US$25-30 million.

Although Ma Huateng and other entrepreneurial groups have recently begun to make profits due to the launch of a membership system and cooperation with China Mobile, their financial situation has deteriorated again recently because they have to bear the server expenses of Linfeng Dingdang.com and "Counter-Strike".

This also stems from Ma Huateng's initial underestimation of the development of Dingdang.com. He did not expect that in a short period of time, it would become the second largest online trading network after Yix.com, which made the originally slightly wealthy server fleet suddenly stretched thin.

Under the constraints of the contract, Ma Huateng had to raise funds again in order to continue to develop. At this time, imh proposed to acquire 10% of Tencent's shares for US$20 million. However, Ma Huateng rejected it. Ma Huateng was only willing to sell 5% of the shares for US$4 million at most.

% of shares.

Although this ratio is not satisfactory to the imh consortium, including the 5% shares held by Lin Feng, it is enough for imh to own 50% of Tengx.com, which is equal to the shares of the original creative team such as Ma Huateng. As for the company's management rights, it can be fought for in the future.

Therefore, Xia Qianhe's mother asked Xia Qianhe to give up her personal grudge with Lin Feng and purchase 5% of Lin Feng's shares for US$5 million. It didn't matter if the price was even higher. In short, Xia Qianhe would definitely win over Lin Feng's shares.

5% of Tengx.com shares.

Unexpectedly, Xia Qianhe was knocked out of one of his front teeth by Lin Feng, and a flaw appeared on his originally perfect handsome face, which made Xia Qianhe angry. Now he was asked to acquire Lin Feng's with a cooperative and even pleading attitude.

With 5% of Tengx shares, Xia Qianhe is really embarrassed.

So Xia Qianhe decided to attack all Lin Feng's properties first, and then appear as a savior when Lin Feng was in dire straits, offering to buy 5% of Lin Feng's shares to save him. This not only satisfied Xia Qianhe's pride

, and complete the mother's plan, it can be said to be the best of both worlds.

The so-called "game" before was just a joke, and it was Xia Qianhe who gave himself a way out. If the sniper failed (of course, Xia Qianhe never thought he would fail), he could still propose the acquisition as a friend. But at the beginning

He came forward to help Lin Feng get back his business license because he was afraid that Lin Feng would not develop industry due to being hindered by his industry, and would only develop the Internet industry. It would be difficult for Xia Qianhe to attack Lin Feng's industry. Once there is industry, Xia Qianhe would have too much power.

Lin Feng was trapped deeper and deeper in the middle through various methods, until he was heavily in debt and had to sell off all his shares.

Unexpectedly, Xia Qianhe's sniper plan was cracked by Lin Feng as soon as it was implemented. Instead, Lin Feng took advantage of it and made his Qidian fast food restaurant quickly famous and became a household name across the country. In the name of a "red" enterprise that revitalizes the national economy, this

This made Xia Qianhe particularly angry. His method actually helped Lin Feng. This made Xia Qianhe not angry.

Although Xia Qianhe is a playboy, he also understands that the smoother Lin Feng's career is, the more difficult it will be to acquire the 5% of Tengx.com shares he has. The fact that he was able to "steal" 5% of Tengx shares from Ma Huateng proved that he has great interest in Tengx.

X.com is optimistic. If Lin Feng was not short of money, Xia Qianhe would never be able to successfully acquire it.

"Mr. Xia, why don't you do this..." A middle-aged man with pale skin and frightening eyes approached Xia Qianhe's ear.

"Haha, yes, this method is feasible." Xia Qianhe snapped his fingers and ordered the person to get started immediately.

The next day, shortly after Lin Feng's Qidian fast food restaurant opened for business, five branches and the flagship store were inspected by the Chu City Health Department. They received news that the cooking oil used in Qidian fast food restaurant's fried chicken contained carcinogens and had been used repeatedly.

Frying oil is illegal.

When Lin Feng received the news, he burst into laughter. As early as when Lin Feng came to power at McDonald's, he noticed the problem of cooking oil used for fried chicken. At that time, he ordered that the fried chicken oil used in all branches could only be used once, and would never be used again after one time.

It must be reused and no one can take advantage of it. As for the waste oil after using fried chicken, Lin Feng has already contacted a factory to use it as fuel.

Although this is wasteful, it is enough insurance. Chinese companies are often treated unfairly by some domestic law enforcement agencies, but foreign companies can enjoy various preferential treatment, which makes Lin Feng have to be cautious.

"Let them investigate. But we can't just investigate us. Why don't we investigate McDonald's and KFC?" Anyway, he has already offended McDonald's and KFC, so Lin Feng is not afraid of offending him one more time.

"Mr. Lin, last time you used the topic to promote your company, isn't it unwise to provoke two Fortune 500 companies this time?" Liu Yingying had to remind Lin Feng that this was definitely playing with fire. Before, it could be said that McDonald's and

KFC is dismissive of Lam Fung's pocket-sized fast food restaurant with only five branches, but with repeated provocations, if the two giants show their ferocious teeth even a little bit, Lam Feng will be wiped out.

Lin Feng knew Liu Yingying's worries, but Lin Feng also had his own plans. He started from scratch and became famous too quickly. This is a taboo in China, which pays attention to seniority. Sooner or later, he will arouse the dissatisfaction of various people.

Falling into the overt and covert pressure of all forces, it is better to show your attitude towards the enemy now: I am just a lunatic. If you punch me, I will punch you back. Even if I can't hit you, I will bite you.

Bite you.

Let those who want to suppress themselves think twice before taking action, whether it is cost-effective. As for the revenge of McDonald's and KFC, Lin Feng is really not afraid. Of course, it is more of a newborn calf's mentality that he is not afraid of tigers, but

Lin Feng really can't think of how McDonald's and KFC can suppress themselves other than lowering prices. The largest of all his branches does not exceed 20 square meters, and the labor and store rent are far lower than McDonald's, which mainly focuses on prime streets.

And KFC. Lin Feng is really not afraid of price cuts.

Lin Feng rushed to the flagship store immediately.

"Hey, I didn't expect that Director Zhao was personally leading the team. What's the point of coming to my small fast food restaurant?" Lin Feng teased.

"Boss Lin, you are here just in time. We have received news that the cooking oil used for fried chicken in your fast food restaurant contains carcinogens, and the repeated use of frying oil violates the Food Safety Law of the People's Republic of China. Please cooperate and let us

Let's conduct an inspection." Director Zhao said coldly.

"Director Zhao, it's not impossible to inspect, but why only inspect our starting point fast food restaurant, why not inspect the McDonald's and KFC across the street? Aren't we all fast food restaurants, shouldn't they all be inspected?" Lin Feng said, neither arrogant nor humble.

.

When the customers who came to dine around heard this, they immediately started shouting. It turns out that McDonald's and KFC have never been inspected. You come to inspect fast food restaurants opened by Chinese people as soon as they open. Is this bullying the Chinese people?

Director Zhao frowned. When he was dealing with Lin Feng before, Lin Feng had a humble and flattering look on his face, but now he has become a villain and doesn't take him seriously as the director.

As soon as Lin Feng saw Director Zhao's face, he knew what he was thinking. Yes, before, Lin Feng had begged Director Zhao for business such as barbecue restaurants and encountered many obstacles. But now the Qidian fast food restaurant is trying to revitalize the national economy and develop

The independent national brand has won the appreciation of Chu City Mayor Yu Haowei. He has spoken many times at the city executive meeting to strongly support entrepreneurs who start their own businesses in Chu City (learned through Meng Dong).

Lin Feng is naturally confident now. As long as he does not violate the rules and has the support of Mayor Yu Haowei, Lin Feng is not afraid of these people imposing force, just like when he forcibly banned his business license before.

Director Zhao looked livid, but Lin Feng refused to let him check, so he couldn't force his way in. Besides, there were many guests dining there, so he didn't dare to do anything too drastic, as that would not do him any good. If he was

If someone spreads the word that he worships foreigners and helps foreign fast food restaurants to suppress independent fast food restaurants, his political career will be over. Especially now that the Chinese people are paying special attention to this starting point of fast food restaurants, he must be careful and cautious in every move he makes.
Chapter completed!