Shen Ji read the text message sent by Cao Mo and understood that his uncle's move made Cao Mo completely give up the illusion of relying on Dongsheng, and he should gather the strength in Kanem to confront the Jidam family head-on.
Therefore, with such an opportunity in front of him, Cao Mo's decision-making seemed relatively radical, but he no longer simply weighed the risks of the project itself.
This also shows that even if he does not participate, Cao Mo himself will spend 50 million yuan to support Xu Bin in fighting for the general distribution rights of Huachen motorcycles and parts, and to establish a business in Kanem and other countries in West Africa. distribution channels.
"Okay, I'll give you 10 million, and you can find someone else to figure out a solution for the rest!" Now that he knew Cao Mo was determined, Shen Ji had nothing to hesitate and said cheerfully.
Shen Ji also knew very well that if he personally wanted to continue to invest more in Canem, he would actually have to continue to cooperate with Cao Mo, not to mention that Cao Mo had just helped him earn 180 million yuan in Cornero Energy. If he doesn't even dare to invest 10 million at this time, how can Cao Mo think highly of him in the future?
Xu Bin was quite surprised by Shen Ji's decision-making speed.
They didn't even write a formal fund-raising plan, and they didn't even discuss how many shares their start-up team should hold in the newly established company. Shen Ji ran over and after hearing a brief introduction to the situation, he decided Take out 10 million?
Is this the demeanor of a child from a wealthy family?
"Mr. Shen will take the lead and provide 10 million. I will find a way to raise the remaining funds. You are now responsible for getting the general distribution rights and forming a team. For a new company, I think the team will get 15% Equity and 10% options should be appropriate, what do you think?" Cao Mo asked Xu Bin.
If Cao Mo hadn't intervened and Xu Bin went to Draculamore to develop the market on behalf of Hua Chen, the team would have received a commission reward of 2% of sales, which would account for almost 67% of the gross profit.
With this condition proposed by Cao Mo, not only can they directly obtain 15% of the equity assets of the new company, but the expected income from annual equity dividends will also more than double.
Cao Mo promised 10% options because he later saw that the company did have good development potential. They could increase capital at the same price as the initial investment and increase their equity to 25%.
Of course, they also have to take some risks. The main reason is that the salary income they can directly obtain from the new company will definitely be much lower than that of overseas employees directly affiliated to Huachen Group, and may be slightly higher than that in China.
As for how to distribute the equity within the team formed by Xu Bin, as well as whether to bring Xiao Jun into the team and how much equity to give, Cao Mo cannot interfere because of his relationship with Xiao Jun. It must be decided by Xu Bin himself. .
In the evening, I went directly to a hotel in Yinguangguang Square and made an appointment with Song Yuqing, Chen Feng, and Zhang Li to meet them.
Chen Feng was also very fast. He had already contacted the boss of Xinxuan Foods at noon, and he was willing to make an appointment to contact Cao Mo first.
"You're so fast. You haven't even gotten the money yet. Are you going to spend it all?" Shen Ji then knew that Cao Mo had the idea of directly purchasing the cocoa butter powder processing factory.
"How about it, do you want to participate, but after passing this village, there is no such store.
?" Cao Mo asked with a smile.
"It is inconvenient for me to participate in this. There is still a certain conflict of interest with Dongsheng." Shen Ji said regretfully.
Cao Mo is currently acquiring food processing plants in China, mainly engaged in cocoa bean processing. It seems that there is no direct conflict of interest with Dongsheng. However, both companies are in the field of import and processing of food raw materials. On the one hand, it will involve the issue of transfer of related interests. On the other hand, after Cao Mo's food business matures, it will develop into related fields, which will inevitably lead to a certain degree of competition with Dongsheng.
If Shen Ji wants to avoid suspicion, he cannot participate in related investments.
Shen Ji now has a general idea of what business model Cao Mo wants to develop. On the one hand, he is taking advantageous domestic resources to Kanem and other West African countries to expand the market. On the other hand, he is taking Kanem's specific advantageous resources to Establish domestic industrial base.
This is actually similar to Dongsheng's overseas investment model. To be honest, it's ugly. This grandson is copying Dongsheng's model.
Even though the West Africa Branch produces aluminum profiles in the Conero Lake Industrial Park to occupy the West African market, it mainly relies on domestic aluminum ingots and technical strength. At the same time, it acquires oil palm land and oil palm fruits from Lonta and others, builds pressing plants, and refineries. Palm oil is shipped back to China for sale. This two-way business scale can make full use of resources such as funds and personnel.
After dinner, they found a tea room and chatted until eleven o'clock before they left. Cao Mo and Xiao Jun lived close to each other, so they didn't let anyone drive them to them, so they took a taxi back directly.
In the car, Cao Mo said to Xiao Jun: "The person my father and I offended in China was Han Shaorong. Han Shaorong was the last person who wanted to see my family prosper - and even though I had made some achievements in Kanem, , but the situation in Kanem is more complicated, so I hide many things under the water. The specific financial investment will not be made public at present, and my family does not know it. You can tell Xu Bin and Zhou Jianming tomorrow."
Of course, Xiao Jun knew what the situation of Cao Mo's family was in recent years, and also knew who Han Shaorong was in Xinhai, so he could understand the necessity for Cao Mo to keep a low profile.
In the next two days, Cao Mo roped in Chen Feng and, together with Shen Ji, accompanied Dong Chengpeng, the executive president of Hexi Fund, to discuss many details of the equity transaction.
As Ding Zhaoqiang's confidant, Dong Chengpeng naturally knew all the details of the Conero Energy equity transaction. However, he knew that a considerable part of the equity in the transaction belonged to Shen Ji, but he insisted on carrying out this transaction no matter what form it was taken, and how many layers of companies were used. The equity transactions and performance promises were finally punctured and implemented on Cao Mo personally.
In other words, Shen Ji and the others took away the money. If the performance promise cannot be fulfilled, Cao Mo will need to use the remaining equity in his name to compensate Hexi Fund.
Cao Mo was still very confident in the development of Cornero Energy, so he did not insist on this point. There was no big difference in other details. Next, he would wait for Hexi Fund to come to Dracula or entrust a company to build a project in Dracula. An accounting firm with a Moroccan business has conducted a third-party audit of Cornero Energy's assets, and then the formal delivery can be carried out.
Shen Ji has now become much more honest in front of his uncle Ding Zhaoqiang. He participated in the establishment of Tianyue Trading Company and engaged in the sales and trade of motorcycles and parts in Kanem and other countries in West Africa. He has also told the truth truthfully to avoid being caught off guard again. .
Ding Zhaoqiang did not express any objection this time, and even proposed that Hexi Fund contribute five million
, participated in the establishment of Tianyue Sales Company.
The first meeting between Cao Mo and Ding Zhaoqiang did not leave a good impression on each other, but Cao Mo had to admit that the joining of Hexi Fund would directly increase Xu Bin's bargaining chip to obtain the general distribution rights in West and Central Africa from Huachen Group.
The behind-the-scenes support funds came from Hexi Fund and Shen Ji, and Xu Bin's negotiations with Huachen Group became very smooth.
When everyone gets together these days, what is most discussed is the details of the establishment of Tianyue Trading and the development of the West African market.
Dracula Moor is the most prosperous and huge city in West Africa, with a population of tens of millions. With the end of the rule of the military government, hundreds of thousands of people from surrounding areas squeeze into Dracula Moor every year to make a living. Naturally, it is Tianyue It is the bridgehead and the most important and core town for the sales of motorcycles and parts.
In the end, Shen Ji and Hexi Fund invested 15 million yuan, holding 25.5% of the shares, Cao Mo invested 35 million yuan, holding 59.5%; Xu Bin brought Xiao Jun, plus Zhou Jianming and others Xu Lizheng, who once served as deputy manager of the technology research and development department in Huachen Motorcycle and Engine Division, formed the operation management team and obtained 15% of the equity.
When Xu Bin worked in the technology research and development department, he and Xu Lizheng were partners. Xu Bin invited Xu Lizheng to join the team, hoping that he would be responsible for building the after-sales service team. However, Cao Mo hoped that Tianyue could form some product research and development teams at the same time.
Africa's economy, climate, geographical terrain and road transportation are very different from those in China.
In the case of Kanem, the weather is hot, the roads are bumpy, narrow and muddy, and the northeast is mostly desert. People in the suburbs and rural areas of Kanem buy motorcycles and have a considerable need to transport goods.
These characteristics determine that the performance of Huachen motorcycles sold in West Africa should be different from domestic products.
In the early stage, they can get a head start and rely on price advantage and marketing promotion to open up the market. However, in the middle and later stages, if they want to gain a foothold in Kanem and other West African regions, they must develop and design products according to the specific local needs.
Tianyue is now setting up a primary product research and development team to coordinate with Huachen's domestic production department. This will be helpful for Tianyue to truly take root in the West African market.
Shen Ji and the others are all sensible people and know the necessity of doing this.
With the primary product research and development team in place, Cao Mo can then consider whether he can invest in motorcycle parts production and vehicle assembly plants in the Conero Lake Industrial Park.
Of course, we negotiated the general distribution rights of Huachen motorcycles and parts, and by the way, also won the general distribution rights of Huachen passenger cars in West Africa.
Huachen Passenger Vehicle Division introduced two pickup truck production lines in the early years. However, pickup trucks are classified as trucks and are managed in China. The market was greatly suppressed. Later, one of the production lines was transformed into the production of small off-road vehicles and sales The situation is not ideal.
However, in Kanem and other West African countries, the poor traffic conditions determine that there is a certain off-road character, and there is a pretty good market for pickup trucks that are used for transporting goods. The performance of the small off-road vehicles produced by Huachen is not as good as that of the joint venture brand, but Thanks to its low price, it is worth recommending in Kanem and other countries in West Africa.
Huachen Group has no expectations for the overseas passenger car business and does not need to sign a performance commitment. Why not hunt down rabbits and do it together?