Chapter 511 Should I call you brother-in-law?
Chen Yan picked up the phone and took a look.
It’s Song Chuang calling.
Chen Yan looked at the time, it was already past 11 o'clock. Normally, the company would get off work at noon and have lunch, so why would Song Chuang call him? Was there something urgent?
While thinking this, Chen Yan answered the phone.
The call was connected, and Song Chuang's voice came from the other end of the line, "Mr. Chen, this is Song Chuang. Just now, Mr. Cao called me. He said that several shareholders have basically agreed, and asked us to go over this afternoon to discuss the specific investment and share issues."
Chen Yan was a little surprised when he heard Song Chuang's words.
Although He Mengxue analyzed a lot for him last night, to be honest, Chen Yan would always feel uneasy as long as things were not settled.
After all... he never believed that he would be so lucky that he could get the shares he wanted without even using a forced purchase card.
However, now that good luck has finally come to him, he has to admit: Could it be that... "money power" is really more effective than a golden finger?
While thinking about this, Chen Yan chatted with Song Chuang about meeting each other in the afternoon.
After the conversation, Chen Yan hung up the phone and went to the master bedroom to find He Mengxue.
There was no one in the master bedroom, and there were splashing sounds coming from the bathroom.
Through the translucent glass, He Mengxue's enchanting figure was looming in the mist.
Chen Yan's lips felt a little dry as he thought about how "affectionate" she was last night.
I have to say that when the core "conflict" between the two of them was gone and He Mengxue no longer thought about driving away Yu Qiaoqiao and Lu Man, He Mengxue was really a good match.
No matter her family background or ability, she only talked about her character and how good she was to Chen Yan, which was something Chen Yan could not feel in other women.
After all... no matter who you are, you like to be licked.
After thinking about it for a while, the sound of water in the bathroom gradually disappeared, and He Mengxue came out wrapped in a bath towel.
Chen Yan came back to his senses, chatted with her about going to Jiulang in the afternoon, and then returned to the study to continue handling official business.
At noon, the two of them had a quick meal in the hotel. At around 1:00 p.m., Jiang Xiaoyun came to pick them up to go to Jiulang.
Song Chuang was also traveling with them.
The negotiations in the afternoon went very smoothly.
Because Weibo is a listed company, its market value is relatively transparent, so even if there is a certain deviation, the difference will not be too big.
There was no disagreement between the two parties on whether to [issue additional shares] or [purchase shares].
Issuing additional shares means diluting the original shareholders' shares on the basis of existing shares, and then issuing a part of the shares to new shareholders in order to achieve the purpose of financing.
[Purchase of shares] means purchasing shares directly from the original shareholders, and the money will go into the hands of the original shareholders.
The purpose of the old Sina management this time is to cash out, so they definitely want to choose [buy shares].
Chen Yan, on the other hand, wants the least money and the most shares, so he also hopes to [buy shares].
The two sides hit it off immediately.
The only disagreement between the two parties is the number of shares and voting rights.
Chen Yan hopes to buy 10% of the shares, which is about 4 billion, and the voting rights are the same for all shares.
Jiulang did not expect that Chen Yan would want to purchase so many shares, and planned to sell only about 8% of the shares, and give only about 5% of the voting rights.
In the end, both parties compromised and Chen Yan purchased 10% of the shares and obtained 8% of the voting rights.
Of these 10% shares, the 2% without voting rights can enjoy dividends and a series of other rights.
In addition to the issue of shares, Chen Yan also requested a seat on the board of directors and internal supervisory management rights.
After some bargaining, Weibo also agreed.
The price to pay is that the Chen Group promised to invest no less than 300 million yuan in advertising expenses on Weibo in the next five years.
Weibo itself is the main publicity platform of Morning Dew Pictures, and the cost itself is very high. With Morning Dew Pictures' plan to dominate the entertainment industry, I believe the investment will increase even more dramatically.
So Chen Yan agreed.
Finally, both parties signed the letter of intent and agreed to sign the agreement based on yesterday's closing price.
Once Weibo’s board of directors approves this agreement, it can be officially implemented.
In Weibo's board of directors, the old Sina Weibo holds more than 60% of the voting rights, and this agreement will not harm the interests of other shareholders, so there will be no problem in passing it. It's just a process.
Therefore, after the letter of intent was signed, both parties acted like a family.
Mr. Cao patted Chen Yan on the back with a smile on his face and said, "Mr. Chen, we are all family from now on. You have to take care of our company's business."
Chen Yan smiled and said, "Don't worry. This will definitely be no problem. We must also take good care of our artists and the film."
Mr. Cao said, "That's for sure. Besides, your people will move into the company, so you can handle it yourself when the time comes."
The two walked out while chatting, and the people from the old Lang and Weibo were also whispering to Song Chuang and He Mengxue about their feelings.
After all, everyone knows.
At this moment, both sides have entered the same trench.
For dinner, Mr. Cao hosted a banquet and invited everyone to have a meal together.
It was another dinner party where people were flattering each other. Although Chen Yan was not too impressed, he felt that it was better than the previous time when he was always rejected or encountered obstacles in everything at Toutiao Technology.
Seriously speaking, this is the normal attitude of a large company towards important shareholders.
This was also the reason why Chen Yan was angry at being looked down upon and teased by Zhang Yonghao even though he clearly held shares.
After dinner, Chen Yan was still thinking about it.
This time things went so smoothly that Chen Yan suddenly had an extra 4 billion yuan in credit limit to buy credit cards.
He has nearly 10 billion in cash. Even if he has some money left over for working capital, can he also use the 4 billion to purchase credit cards?
But...who should I force to buy?
As he thought about it, Chen Yan couldn't help but think of Zhang Yonghao whom he had just thought of.
During this period, Toutiao Technology's flagship product Douyin AI has become more mature and its algorithm has become more accurate. Combined with the money it received from Chen Yan, Toutiao Technology's valuation has grown rapidly.
When Chen Yan first plotted to acquire Toutiao Technology, the shares of Toutiao Technology were only 10 billion. Now, it has more than doubled to 21 billion.
The two companies held by Chen Yan plus his personal 41% stake are now worth more than 8 billion yuan.
Moreover, due to Chen Yan's obstruction, Toutiao Technology has not raised funds, so his shares have not been diluted.
Chen Yan thought that if he invested the 4 billion yuan in Toutiao Technology, he would be able to get at least 19% of the shares and have half of the voting rights, thus truly controlling Toutiao Technology.
Later, he only needs to use legal procedures to dilute the shares of other shareholders, obtain about 6% of the shares, and then further obtain absolute controlling rights.
In this way, this company with a trillion-dollar potential will completely fall into Chen Yan's hands.
The more he thought about it, the more Chen Yan felt that his plan was very reasonable.
So, after returning to the hotel, Chen Yan took out his cell phone and called He Mengxue's cousin: Qin Ming.
The call was connected after a while.
There was a bit of noise on the other end of the phone, like some girls cheering and loud music.
Among these voices, Qin Ming's voice was as small as a small boat on the rough sea.
"Hey! Brother Chen?! What do you want from me?"
Chen Yan asked, "What are you doing over there?"
Qin Ming continued to shout, "Hello? Brother Chen. I can't hear you! Wait for me."
After a while, Qin Ming seemed to have come to a soundproof room. The noisy sound suddenly weakened and his voice became clearer.
He asked with a smile, "Hello? Brother Chen. Are you looking for me?"
Chen Yan said unhappily, "What are you doing there? Why is it so messy?"
Qin Ming said, "Go clubbing. There's nothing to do after get off work, so why not go out and have fun?"
When Chen Yan made the phone call just now, He Mengxue was sitting next to Chen Yan, so she heard Qin Ming's words clearly.
So, she continued, "Put away your playfulness. Stop causing trouble for those little girls."
Qin Ming was obviously stunned when he suddenly heard his cousin's voice.
After a moment, he said, "Okay! Sister! Did you take down Brother Chen?"
When He Mengxue heard Qin Ming talking about this topic, her face suddenly turned red with embarrassment and she didn't dare to say anything.
His woman was stumped by someone, so Chen Yan had to help clear the situation, so he quickly stood up and walked into the house while saying, "What are you talking about? We are fine."
Qin Ming laughed twice, then said, "Brother-in-law, it's already 11 o'clock at night. You two are still together. If there's nothing else, I'll stand upside down and drink."
Chen Yan: …
Chen Yan looked at the time. It was already 11 o'clock.
Because of a dinner tonight, the two of them came back a little late, and because they lived together, they really didn't pay attention to the time.
Chen Yan coughed and helped He Mengxue continue to cover up, "There are no rooms in the hotel. We live in a suite. Besides, we just came back from outside and were discussing work."
Before he finished speaking, Qin Ming said in a mean way, "It's okay, brother-in-law, don't explain. I understand."
"Besides, you've explained so much, it's really too weak."
"Given my sister's temper, if I guessed wrong, she would curse at me and beat me to death on the spot."
"Hahaha. So..."
Chen Yan: …
Chen Yan was speechless.
He could only say that he really tried his best. But it wasn't because he didn't do well, it was because his opponent was too strong.
Qin Ming is worthy of being the talent with the highest star rating among the evaluations given by the system.
It's normal that he couldn't be fooled by such sharp thinking.
So, Chen Yan really changed the subject.
He asked, "I have arranged for you to work at Toutiao Technology for half a year. How have you gained?"
Hearing Chen Yan talking about serious matters, Qin Ming regained his composure.
He said, "During this period, I have been following your request, brother-in-law, to develop my own lineage and place my own people in the company."
"Now, I am familiar with all the departments."
"Maybe because I'm young but in a high position, I go to parties held by various departments and they don't feel comfortable saying no."
"So, I got to know all the middle and senior management of the company."
"Especially the person you asked me to pay special attention to: Pang Wenbo. I went to meet him specifically."
"I have to say, this guy is really talented. All the company's systems were designed by him."
"Besides, I've reported this to you before. He's a bit of a repressed person. In fact, he's always been interested in women, but because he's a bit of a homebody and not good at socializing, he's never been able to have a girlfriend."
"I think he's a pretty good guy. So I play games with him from time to time or teach him some tricks."
“We have a very good relationship now.”
After hearing Qin Ming's words, Chen Yan thought for a while, then asked, "What if I want to arrange for you to become the general manager of Toutiao Technology. Can you guarantee that the core team will not change, especially Pang Wenbo will not leave?"
