Qin Changlong happened to hear that Jiang Zhihao wanted to acquire a 3D printing company, so he quickly came to join him, but in Jiang Zhihao's heart, Xingyu 3D Printing Company was the most suitable choice.
So when Qin Changlong came to seek refuge, he was directly rejected by him.
Qin Changlong was so depressed that he couldn't even eat. It wasn't that he was particularly looking forward to being acquired, but that the company had reached a point where it couldn't even pay its employees without new capital injection.
In order to prevent the company from going bankrupt, it had no choice but to seek foreign aid.
Jiang Zhihao's rejection made Qin Changlong think that his twenty-year entrepreneurial career was coming to an end.
Who would have thought that Jiang Zhihao actually called and said he was willing to acquire it? How could he be unhappy?
"I can invest 1.5 billion to acquire 90% of your management rights, but only 51% of your dividend rights." Jiang Zhihao said.
Qin Changlong was startled. Management rights represent the voting power of the board of directors on various large and small matters of the company.
Jiang Zhihao holds 90% of the management rights, which can be said to be almost equivalent to complete control of the company.
But he only wanted 51% of the dividend rights, which was difficult for Qin Changlong to understand.
Since you have full control, why don’t you want matching dividends?
If it is a company that is developing well, maybe this is a negotiation strategy to attract people.
But for Changlong 3D Printing Company, there is nothing to talk about. Now as long as someone is willing to pay, he can agree to any conditions.
Qin Changlong believed that Jiang Zhihao must understand this truth.
Therefore, he hesitated and couldn't help but ask: "Mr. Jiang, I'm curious why you do this?"
"The reason is very simple. If all the dividends are taken away by me, you will not have much funds to maintain your own operations and development." Jiang Zhihao replied.
Qin Changlong was stunned for a moment, and then he understood.
If Jiang Zhihao also takes away the corresponding dividends in proportion to the management rights, then only 10% of the profits will be left for Changlong 3D Printing Company.
This 10% needs to be distributed to those shareholders, and the rest is used to develop the company. How much more can be left?
Therefore, Jiang Zhihao left more dividends in order to enable the company to develop faster.
This good intention moved Qin Changlong indescribably.
"But I have two conditions." Jiang Zhihao said.
"Say it!" Qin Changlong said quickly.
"The first condition is that within five years, all dividends will be included in the company's development funds. No one is allowed to move them at will, let alone distribute them. If anyone feels dissatisfied, they can quit the company, and I will take over the shares they own."
Jiang Zhihao said.
Qin Changlong was not surprised by this condition. Jiang Zhihao could give up a larger dividend ratio just to make the company develop faster.
Therefore, it is normal for him to propose that no dividends be distributed within five years.
"This shouldn't be a big problem. I will discuss it with them before the shareholders' meeting. I believe most people can understand it. What about the second condition?" Qin Changlong asked.