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Chapter 354 Dream Fund Set Sail, Germination Establishes a Board of Directors!

Chapter 354 Dream Fund Set Sail, Germination Establishes a Board of Directors! (12)

Wednesday, April 11.

As soon as Zhang Shuo returned to Binhai City, he had to attend another business meeting.

The guest who visited this time is a bit special. It is Howard, the CEO and president of the Dream Fund, and Olivia, the newly established head of Asia of the Dream Fund, is accompanying him.

In her early thirties, blonde and blue eyes, a typical Europa beauty.

"Mr. Zhang, I'm very glad to come to Huaxia for inspection."

As soon as they met, Howard gave Zhang Shuo a warm hug. He was not as rigid as a Prussian, nor was he deliberately arrogant as a crooked nut executive.

Not that Howard is really an outlier.

But before Howard's trip, Zhang Shuo had already issued relevant instructions to Howard through the system, not to be too arrogant, to respect Huaxia's partners and so on.

Zhang Shuo didn't want to be deflated in front of crooked nuts.

In order to implement the acquisition of Licheng Technology and Hitachi Storage, under Zhang Shuo's proposal, Germination Group began to make positive contact with Dream Fund.

Howard's China trip this time is to establish a communication channel with the Germinal Group.

Zhang Shuo also hoped that by arranging Howard's visit this time, the Dream Fund would be officially put on the stage of history, gradually moving from behind the scenes to the front of the stage.

In order to bring out the greater value of the Dream Fund in the future.

As the main investor of the Germination Group, it can even be said to be an angel investor, the representative of the Dream Fund came to visit, and naturally received a warm reception from the Germination side.

For fear of being neglected.

On the contrary, Zhang Shuo only met on the same day, and then handed over to Lu Qi, the rotating president, to report the development of Germinal to Howard and his party.

Then he took Howard and others to visit various industries in the Germination Department.

On Friday, Howard returned to Prussia first, and Olivia was left behind. The Asian branch of the Dream Fund will be established in Binhai City, and the office will be located in the Lubei Sprout Building.

Of course, the rent should be collected and still have to be collected.

Zhang Shuo originally planned to let Olivia go to Yizhou Province as soon as possible to approach Licheng Technology, but the girl turned her down on the grounds of "non-working hours on weekends".

If it wasn't for the resume showing that Olivia has outstanding abilities, Zhang Shuo would have copied this girl on the spot.

I can't recognize the big and small king.

On the surface, the Dream Fund is an investor of the Germination Group, but in fact it is just a pawn buried overseas by Zhang Shuo. In terms of actual status, it is not even comparable to Sunshine Holdings.

But it's not easy to spread this matter, so I can only keep this secret in my stomach.

It was very depressing.

Fortunately, Zhang Shuo is not an unreasonable person. In the end, he chose to respect Olivia's work system, and even asked Jiang Yue to help Olivia find a house in Binhai City.

Interesting enough.

.........

Monday, May 11.

As soon as he got to work, Lu Qi, the rotating president, came to report: "Mr. Zhang, the Dream Fund proposed that the group can establish a board of directors. The Dream Fund needs to nominate a director to the board of directors."

When talking, Lu Qi was extremely cautious.

Without him.

This is the first time the Dream Fund has stepped in to intervene in Germination.

This time, the request for the establishment of the board of directors is reasonable. Lu Qi worried that this is just the beginning. After that, the Dream Foundation will not use the platform of the board of directors to continue to intervene in the sprouting affairs?

This is by no means unfounded worry, but the usual practice of many investment institutions.

Just to pick peaches.

Based on the current valuation of the Germination Group, not only in China, but even in the world, it is also one of the fattest unicorns in the industry, which is absolutely coveted.

"Establish a board of directors, yes."

Zhang Shuo looked normal, because he planned this matter behind the scenes, and said with a smile: "The establishment of a board of directors is an important part of perfecting the corporate management system, and it's time for Germination to make up for this lesson."

Although Germination has only been established for less than three years, its size is here after all.

Yet there is no board of directors.

This is also a point that Germinal is criticized by the outside world, who think Germinal is the Germinal of Zhang Shuo alone.

So alone!
Just taking advantage of the emergence of the Dream Fund, many investment and acquisitions around the world in the future will also require the cooperation of the Dream Fund. Bringing the Dream Fund closer to the budding board of directors is also the meaning of the title.

Facilitate communication and coordination with each other.

"Then, what is the composition of the board of directors?" Lu Qi asked the key question.

"It's simple."

But Zhang Shuo had already planned, "In addition to me, the board of directors includes Jiang Yue, the representative of Chunmiao Fund, Olivia, the representative of Dream Fund, and you and Lu Kai, the two rotating presidents."

"understood."

Lu Qi breathed a sigh of relief.

Among the five directors, Zhang Shuo is naturally the candidate for the chairman, and the rest, except for Olivia, are also budding executives. Even if the Dream Fund wants to be a demon, it will not be able to cause any trouble.

The strength lies here.

"It's just that Dream Fund, as one of the major shareholders of the group, will agree to nominate only one director to the board of directors?" Lu Qi expressed his concern.

"of course."

Zhang Shuo said with a smile: "At the beginning, I had a private agreement with the Dream Fund. The voting rights of the Dream Fund itself are all entrusted to me, and no more than one director can be nominated."

"Then it's fine."

Lu Qi was completely relieved, "Then I will go to draft the relevant regulations."

"Thanks for your hard work!"

.........

After Lu Qi left, Gu Mingzhang came to report again.

"Mr. Zhang, good news. The sales volume of Maili X1 in Xiangjiang officially exceeded [-] units yesterday."

"Only [-] copies?"

Zhang Shuo was a little disappointed, not enough to sell half a day inland.

"Well, Xiangjiang has a limited market after all, and the annual sales volume of mobile phones is only about one million units, and local consumers are more superstitious about overseas brands such as Pingguo and Samsung. The sales volume of Maili X1 is already [-] units. It’s a very good result, and it’s also thanks to the publicity that Mr. Zhang caused in Xiangjiang.”

Gu Mingzhang explained.

"That's it."

Zhang Shuo thought so too. After all, Xiangjiang is a small place. The high sales of Pingguo in Xiangjiang should probably be attributed to scalpers, which cannot reflect the real sales situation.

Calculate like this.

The Xiangjiang market is actually irrelevant to Maili mobile phone. What's more, it still serves as a transfer station for Maili Group to expand overseas business.

The tool man is hammered.

"Then, how are overseas markets such as Southeast Asia and Japan deployed?" Zhang Shuo asked with concern.

Seeing that the group will increase investment in semiconductors, modern logistics and other fields, and funds are tight, Zhang Shuo certainly hopes to say that the more wheat X1 sold, the better.

Who would dislike earning more?
"With the assistance of Sunshine Holdings, Dongying and the Southeast Asian market have already found agents. The offline physical stores are all under renovation and are expected to open in succession later this month."

In overseas markets, Maili Mobile adopts the agency model.

Select a general agent for each single market.

The general agent buys goods from Maili Group at a low price and is responsible for the development, operation and maintenance of the local market, but also accepts the supervision and management of Maili Group.

For example.

The decoration style and decoration standard of each offline physical store must meet the standards of Maili Group.

There are even sales metrics.

If the agent's performance in the local market is not good and the market development is not effective, Maili Group also has the right to replace a new agent, or even end it in person and open a self-operated flagship store.

Taking into account import tariffs, logistics and transportation, and the price difference earned by middlemen, the profit of a stand-alone machine of Maili X1 overseas is definitely not as high as that in China.

But if the sales volume is considerable, it will also be a very considerable profit.

There is just one problem. Compared with playing at home in China, Maili mobile phone is a novice overseas, a rookie among rookies, and it is completely incomparable with Pingguo and Samsung.

In Huaxia, he could still compete with Pingguo in the ring, but overseas, it's probably not enough.

"In order to cope with the rise of Maili mobile phones, according to the information I have received, Samsung has planned to launch price reduction promotions in markets such as Japan and Southeast Asia, which will pose a great threat to us." Gu Mingzhang said.

Losing to the dark horse Maili in the Chinese market, Samsung's internal estimation is already enough to be annoyed.

He is determined to find a place in the overseas market.

As for the Korean mainland, that is Samsung's world. I didn't see that Maili mobile phone has no plan to enter the Korean market for the time being, so as not to be thankless.

The strength of the Korean people is not good, but their temper is notoriously arrogant.

"Threats are threats."

Zhang Shuo was very calm, "Doing business, especially expanding overseas business, can't be smooth sailing. Just think of Samsung as a sharpening stone on the growth path of Maili Group."

When he was in Xiangjiang, Mr. Picking Melon said that he would assist Sprout to expand overseas markets.

In fact, it is the profit of this piece.

But from Zhang Shuo's point of view, he would rather let the wheat grain group meet and die overseas and grow up amidst setbacks than being picked up halfway.

"By the way, is there any progress on the candidate for the president of Dao Sui Group?" Zhang Shuo took the initiative to change the topic.

"Yes." Gu Mingzhang was also unambiguous at all, and reported: "After investigation by Director Wu and I, we initially identified Lin Zhengdong, the vice president of Yingtel Group."

"Okay, let's implement it as soon as possible."

For Gu Mingzhang and Wu Sheyuan's vision, Zhang Shuo is still very confident.

After that, Gu Mingzhang reported some other things, including the establishment of a joint repair center, the latest progress of the mobile phone industry association, and so on.

Especially with regard to the mobile phone industry association, after the official leadership, there have been new changes.

For example, Zhang Shuo, Mr. Ren, etc. have decided not to participate in the association in person, but to hand over to their respective executives in charge of the mobile phone business. Naturally, Gu Mingzhang will replace Germinal.

This is not to say that Zhang Shuo broke his promise or something, but that if the industry association is to really play a role, it must involve the specific people in charge.

Otherwise, it will be too empty, and it may become an empty shelf.

The two were chatting when Dai Yutong, the administrative secretary, knocked on the door and came in. He said crisply, "Mr. Zhang, Olivia, the head of Dream Fund Asia, please meet me in the reception room."

"it is good."

Zhang Shuo knew in his heart that it was time to have a good talk with Olivia.

"Then I'll go to work first."

Gu Mingzhang was also knowledgeable, and stood up with a smile to leave.

Lean slightly.

Accompanied by Dai Yutong, Olivia walked into the office.

 PS: One chapter will be updated first, and there will be another update today

  
 
(End of this chapter)

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