This celebrity is too rich
Chapter 434 Shell Found!
Facts have proved that Li Chuan underestimated the influence of the exposure of financing events.
This can be seen from the phone calls and WeChat messages he receives.
After the financing incident was exposed, many people contacted him by phone or WeChat. Yang Mi and Yang Chaoyue were just the beginning, followed by Feng Timo, Cheng Lulu, Liu Yan, and even Liu Yifei.
They contacted Li Chuan for roughly the same purpose, which was to ask whether the news was true, and after getting a definite answer, they continued to make friends.
Women who have had an intimate relationship with Li Chuan usually say things like "I miss you" and "When can we meet again".
And women who have an ambiguous relationship usually say things like "you should pay attention to your body" and "don't be too tired at work".
These words are nice to hear, but Li Chuan doesn't feel anything.
He just dealt with it casually, and then secretly complained: "Woman, it's so realistic!" '
Of course, this is not limited to women.
The same goes for men.
Many bosses and leaders who had contact with Li Chuan, as well as relatives at home, classmates and friends in school, etc., also called or sent WeChat after learning that the financing incident was exposed.
What they say is not as disgusting as women's, but their meanings are pretty much the same, and some are even more disgusting.
Through these phone calls and WeChat messages, Li Chuan once again experienced the charm of money.
In the past, he had no money or power, and everyone was willing to talk to him; later, he became an Internet celebrity and made money by doing live broadcasts, and the attitude of the people around him improved a lot; now, when the financing incident was exposed, everyone knew that he had become After becoming a millionaire with a net worth of tens of billions, his attitude began to change in the direction of flattery and kneeling.
All of this is brought about by money.
'In modern society, money is king, and Lao Tzu's direction of struggle is not wrong! '
'I must earn more money!Be rich all your life! '
Li Chuan swore secretly.
Afterwards, he calmed down and put the matter aside.
"Earn more money and be a rich man for life" is a long-term goal. If you want to achieve it, you can only focus on the present and develop your career well.
Right now, his career is in trouble.
After the financing incident was exposed, it caused great repercussions on the Internet.
The entry [Mr. Mori's company received tens of billions of financing from Douyin] was on Weibo's hot search, and it reached the top in less than 10 minutes. In just half an hour, the number of views exceeded [-] million!
The popularity of Weibo has exploded, and other platforms are also inevitable.
Toutiao, Xiaohongshu, QQ, video account, station B, etc., all have news out, and even Douyin has become boiling.
Douyin originally wanted to limit the spread of this news, but after Weibo became popular, too many news videos were produced following the trend... In this case, unless special means are used, it is difficult to restrict it.
Taking into account issues such as cost and subsequent impact, Douyin finally chose to give up, and only shielded it in superficial forms such as hot spots and hot lists.
This move had a certain restrictive effect, but it could not stop the spread of news. Therefore, Douyin naturally fell.
After the fall of Douyin, the influence of financing events spread to the entire network.
Under the heated discussions on the Internet, a crisis of public opinion against Mr. Sen quickly took shape.
Netizens are not people around Li Chuan.
If people around him want to benefit from Li Chuan, they naturally have to find ways to please him.
Netizens are different, they can't get in touch with Li Chuan, they can't benefit from Li Chuan, so what they say is naturally much harsher.
Coupled with the deliberate guidance of some hostile forces, netizens across the country launched a verbal criticism of Mr. Sen.
If you open the comment area of relevant information or videos, you will find that there is everything you can say.
Some people say that Mr. Sen is disrupting the market and destroying the real economy. Some people say that he evades taxes and misbehaved. There are also rumors that he is involved in money laundering and collaborating with enemies abroad.
Of course, Li Chuan couldn't just sit idly by and watch.
Rumors are very hurtful. If they spread enough, they may become true.
In order to avoid this situation, he must choose to fight back.
He won't fight back himself, though.
As a public figure, it seems that the situation is too small, and it is easy to give people a handle by doing so.
Moreover, there were so many rumors on the Internet, and it was impossible for him to refute them one by one. That would be too much work and would tire him out.
His best solution is to hire a group of sailors to help him match up online.
He had already arranged this matter, predicted it in advance before the public opinion crisis broke out, and made a complete set of targeted arrangements.
Therefore, after the crisis of public opinion broke out, the trolls responded quickly and launched a fierce battle with black fans on various platforms.
This battle was fought in the dark, and it didn't subside until after ten o'clock in the evening.
In due time, public opinion on the Internet has turned around.
And judging from the current situation, in a few hours, the entry [Mr. Sen's company received tens of billions of financing from Douyin] will drop from the Weibo trending list, and at the same time, the heat of the financing event will gradually dissipate .
After the matter came to an end, Li Chuan's mood improved a lot.
At 11:30 in the evening, he finished his day's work, returned to the rest room in the office alone, and fell asleep deeply.
The next day, August [-]st.
Li Chuan woke up early and turned on his phone to check.
He found that the public opinion situation was still the same as yesterday, without any change.
In addition, the entry [Mr. Sen's company received Douyin's tens of billions of financing] has dropped from the hot search rankings, and related information and videos on other platforms have also passed the explosive period of popularity. The popularity of financing events has gone downhill. It is estimated that It will be almost gone in two or three days.
Li Chuan checked it carefully, made some secret estimates, and finally called Zhu Chenwei.
He ordered Zhu Chenwei to continue to watch the public opinion situation on the Internet, and prepare a group of sailors to stand by at any time in case of accidents.
After arranging all this, he was completely relieved.
At eight o'clock in the morning, he got dressed and got up, washed up briefly, then went to the warehouse, found some bread, ham and eggs, made them with the company's microwave oven, air fryer and other equipment, and enjoyed them alone.
After breakfast, it happened to be nine o'clock in the morning.
Li Chuan did some activities in the office and then started his day's work.
In a blink of an eye, several hours passed.
At about three o'clock in the afternoon, Jiang Zeyu came to the chairman's office.
"How are things going on the Internet?"
Jiang Zeyu came to the desk and sat down, raised his head and asked.
"almost."
Li Chuan replied casually: "Public opinion has been overturned, and the trending searches have also dropped. It is estimated that in two days, the popularity will disappear."
"Can't be careless."
Jiang Zeyu reminded: "If someone is planning behind the scenes, this matter may rebound... For us, we cannot let our guard down until the heat of this matter completely disappears."
"I understand, I've asked Zhu Chenwei to keep an eye on it, and the navy is also ready. If something happens, they will respond in time."
"Oh, all right."
Jiang Zeyu nodded and said nothing more.
"What's the matter with you?" Li Chuan tidied his desk and asked about the other party's purpose.
"The financing agreement has been sorted out."
Jiang Zeyu said and handed a document to Li Chuan: "This is the summary, please take a look."
Li Chuan took it, looked it over carefully in his hand, and after confirming that there was no problem, he asked again: "When will they send the money?"
"Within this week, the first payment will arrive in the account... all will be settled, and it will take three months."
"How much is the first payment?"
"20%, 21 million."
"21 million..."
Li Chuan's eyes lit up and he fell into deep thought.
Jiang Zeyu raised his eyebrows slightly, and asked, "Do you want to settle your account after the money arrives?"
"Um?!"
Li Chuan looked surprised and said: "How do you know?!"
Jiang Zeyu was right, he was really thinking about this just now.
At the beginning, he sold Mr. Mori's studio to Sanmu Network at a discount of 20 billion and paid in installments, that is, [-] million per month (before tax) for ten months.
This was done at the beginning because the company did not have much money in its account and was unable to pay it off in one go.
The situation is different now.
Sanmu Holdings has completed financing, and the first payment will be in place immediately.
After the money is in place, there will be no shortage of money in the company's account.
Since there is no shortage of money, it is natural to pay off the debt owed.
Well, ordinary people don't have to pay back their debts, but company bosses must pay their debts!
Li Chuan had this idea just now.
However, he was just beginning to think about it, and he hadn't figured out how to tell Jiang Zeyu in his heart, so he guessed it without thinking about the other party.
Seeing Li Chuan's reaction, Jiang Zeyu knew that he had guessed right, a look of helplessness appeared on his face, and said: "You are the boss of the company, the company has just finished financing, and the money hasn't arrived yet, so you want to squeeze it out Let's go, this is too..."
"What are you talking about!"
Li Chuan blushed slightly, and couldn't help but interrupted: "I just think...the company has raised so much money that it won't be able to spend it for a while, why not clear up the previous debts?
Once the debts are cleared, it will be easier for us to make subsequent accounting and so on, and it will be easier to communicate with the bank and the taxation department. This is a good thing. "
"Oh, let's go."
Jiang Zeyu nodded helplessly, and said perfunctorily: "Stop talking, I'll call you as soon as the money arrives, okay."
"I didn't mean that, you..."
"I see."
Jiang Zeyu didn't want to continue talking about this topic, so he quickly waved his hand and interrupted: "Don't worry, the money will be received by next Tuesday at the latest!"
"Uh, that's fine."
Li Chuan was a little embarrassed, but he was very happy to get a satisfactory answer.
However, he didn't show it.
In front of Jiang Zeyu, he tried his best to put on a calm posture, as if he hadn't said anything just now.
This kind of performance obviously couldn't fool Jiang Zeyu.
Jiang Zeyu knew very well what Li Chuan was thinking, but he had no choice but to let it go.
'Forget it, let him do whatever he wants, it won't have any impact on the company anyway. '
Jiang Zeyu thought secretly, put the matter aside, and changed the subject.
"I'm coming, there's one more thing."
"Tell me." Li Chuan leaned back on the chair and said calmly.
"The shell you asked me to find already has a target."
"Um?!"
Li Chuan suddenly sat up straight.
"Don't get excited."
Jiang Zeyu raised his hand and said: "I just found a more suitable target, but I haven't contacted them yet. I don't know if it will work or not."
Li Chuan calmed down, raised his eyebrows and said, "Tell me carefully."
"That's it..."
Jiang Zeyu organized the language and explained: "After we chatted last month, I ordered two people from the investment department to go to the Hong Kong stock market to collect information. This matter was carried out at the same time as the financing. They collected the information half a month ago. It's almost there, but the financing was at a critical moment and I didn't have time to deal with it, so I put it until now.
Last night, I read the information they collected, held a meeting to study it, and found a more suitable target.
It is a local company in Hangzhou. It was listed on the Hong Kong stock market in 2014. It is engaged in TV broadcasting-related business. It has a deep cooperation with CCTV. It is a private media company with official background. It is different from the nature of our MCN company. A certain degree of fit. "
"Television broadcasting, media companies...does it sound familiar?" Li Chuan said with a slight frown.
"Familiar?"
Jiang Zeyu was a little strange and asked, "Do you know this company?"
"What's it called?"
"Century Sage Scientific."
"It really is!"
Li Chuan let out an exclamation.
Century Sage Scientific, he knows it.
This company also became the shell of a live delivery company in later generations.
The live delivery company is called "Make a Friend".
That's right, the one founded by Luo Yonghao.
Luo Yonghao, as a well-known entrepreneur and speaker in China, has a great reputation for the live streaming brand he founded - "Make a Friend".
As far as Li Chuan knows, from April 2020 to May 4, "Make a Friend" has always been one of the leaders in the domestic live broadcast delivery industry. It was not until the rise of "Oriental Selection" that it slowly went downhill.
Luo Yonghao is an entrepreneur and has a keen sense of capital.
During the most popular period of "making friends", he quickly adjusted and completed the listing.
The method is also a backdoor.
The shell they borrowed at that time was Century Sage Scientific.
Li Chuan didn't expect that when he was about to go public, the shell he was looking for had a collision with the "make friends" of the later generations.
What a coincidence.
But if you think about it, it seems quite normal.
Although there are many shell resources in Hong Kong stocks, their distribution is relatively scattered. When it comes to live streaming companies, few meet the conditions.
Century Sage Scientific has a media background and is located in Hangzhou. Its current operating conditions are poor and its stock price is getting lower and lower... It is actually normal for this kind of company to become a shell target for live broadcast delivery companies.
Thinking of this, Li Chuan's surprise slowly dissipated.
Afterwards, he thought about it carefully and felt that Century Sage Scientific might indeed be a better choice.
After all, there are examples from later generations. The operation of "making friends" proves that the shell of "Century Sage Scientific" is relatively reliable.
This is very valuable.
You should know that shell resources are not so easy to find, especially reliable shell resources.
Many companies want to go public through the back door, but they always encounter various problems during the negotiation, and some dragged on for several years, and finally failed to take shape.
If Century Sage Scientific doesn't talk about anything else, at least it can be discussed in a short period of time, which is very important for the "Sanmu Department".
Thinking of this, Li Chuan has already made up his mind.
'I'm sorry, Lao Luo, I move faster than you. I'll borrow your shell first. When the time comes, you can find another one. '
Li Chuan thought to himself.
Jiang Zeyu didn't know what Li Chuan was thinking, but felt that Li Chuan's reaction was a bit strange, and he couldn't help wondering: "What's wrong? Do you know Century Sage Scientific well? Or do you know its boss?"
"Oh, no."
Li Chuan came to his senses, waved his hands and said, "I just heard someone mention it. Before...a college classmate of mine bought its stock, and he introduced it to me."
"Oh."
Jiang Zeyu responded without any doubt, and continued to introduce: "The headquarters of Century Sage Scientific is not far from us, just over the CBD. It takes less than an hour to drive there, so it is more convenient to talk...I came here just to talk to you Let me tell you, if you have no objections, I will talk to them tomorrow and try the moisture first."
Li Chuan pondered for a moment, then asked: "What is the market value of it (Century Sage Scientific) now?"
"2.16 billion."
"So few?" Li Chuan was quite surprised.
"It's normal."
Jiang Zeyu explained: "They are in the TV media industry. The industry has long since died. The market is in decline and there is no possibility of a re-emergence. It is normal for the stock price to be low... Their stock price has been below 16 Hong Kong dollars since 0.5. In 2018, it could no longer afford even 0.2 Hong Kong dollars, and now it is basically on the verge of delisting."
"Oh."
Li Chuan nodded slightly, and asked again: "Then how much will it cost if we buy it?"
"They have about 40% of the outstanding shares, and the remaining 60%, settled based on market value, is 1.3 million. However, there is usually a premium for shell resource acquisitions. It's hard to say how much the premium will be. It's hard to say now. We have to talk to them. We won’t know until later, but we can set a bottom line – no more than 80% at most.
If calculated according to the highest premium of 80%, we will spend about 60 million yuan to acquire all 2.3% of the equity, so the comprehensive cost is 1.3 million to 2.3 million yuan. "
"The price is not expensive, but... isn't 40% of the outstanding shares a bit too much? Should we buy back part of it?"
"Yes, but we have to wait until we acquire the 60% before operating. At that time, we can conduct a wave of public buybacks and buy back some of the outstanding shares at a premium of about 30%."
"Does the repurchase have to be public? We can't do it privately and buy it at the original price?"
"That would be too risky."
Jiang Zeyu shook his head and said, "For backdoor listed companies, exchanges generally have stricter scrutiny. If they find out and we operate in violation of regulations, the consequences..."
"Okay, I get it."
Li Chuan waved his hand and said, "Just do as you say, you go talk to them, and report any news in time."
"Row."
"Anything else?"
"Gone."
"Then go get busy first, I still have something to do here."
"it is good."
"..."
This can be seen from the phone calls and WeChat messages he receives.
After the financing incident was exposed, many people contacted him by phone or WeChat. Yang Mi and Yang Chaoyue were just the beginning, followed by Feng Timo, Cheng Lulu, Liu Yan, and even Liu Yifei.
They contacted Li Chuan for roughly the same purpose, which was to ask whether the news was true, and after getting a definite answer, they continued to make friends.
Women who have had an intimate relationship with Li Chuan usually say things like "I miss you" and "When can we meet again".
And women who have an ambiguous relationship usually say things like "you should pay attention to your body" and "don't be too tired at work".
These words are nice to hear, but Li Chuan doesn't feel anything.
He just dealt with it casually, and then secretly complained: "Woman, it's so realistic!" '
Of course, this is not limited to women.
The same goes for men.
Many bosses and leaders who had contact with Li Chuan, as well as relatives at home, classmates and friends in school, etc., also called or sent WeChat after learning that the financing incident was exposed.
What they say is not as disgusting as women's, but their meanings are pretty much the same, and some are even more disgusting.
Through these phone calls and WeChat messages, Li Chuan once again experienced the charm of money.
In the past, he had no money or power, and everyone was willing to talk to him; later, he became an Internet celebrity and made money by doing live broadcasts, and the attitude of the people around him improved a lot; now, when the financing incident was exposed, everyone knew that he had become After becoming a millionaire with a net worth of tens of billions, his attitude began to change in the direction of flattery and kneeling.
All of this is brought about by money.
'In modern society, money is king, and Lao Tzu's direction of struggle is not wrong! '
'I must earn more money!Be rich all your life! '
Li Chuan swore secretly.
Afterwards, he calmed down and put the matter aside.
"Earn more money and be a rich man for life" is a long-term goal. If you want to achieve it, you can only focus on the present and develop your career well.
Right now, his career is in trouble.
After the financing incident was exposed, it caused great repercussions on the Internet.
The entry [Mr. Mori's company received tens of billions of financing from Douyin] was on Weibo's hot search, and it reached the top in less than 10 minutes. In just half an hour, the number of views exceeded [-] million!
The popularity of Weibo has exploded, and other platforms are also inevitable.
Toutiao, Xiaohongshu, QQ, video account, station B, etc., all have news out, and even Douyin has become boiling.
Douyin originally wanted to limit the spread of this news, but after Weibo became popular, too many news videos were produced following the trend... In this case, unless special means are used, it is difficult to restrict it.
Taking into account issues such as cost and subsequent impact, Douyin finally chose to give up, and only shielded it in superficial forms such as hot spots and hot lists.
This move had a certain restrictive effect, but it could not stop the spread of news. Therefore, Douyin naturally fell.
After the fall of Douyin, the influence of financing events spread to the entire network.
Under the heated discussions on the Internet, a crisis of public opinion against Mr. Sen quickly took shape.
Netizens are not people around Li Chuan.
If people around him want to benefit from Li Chuan, they naturally have to find ways to please him.
Netizens are different, they can't get in touch with Li Chuan, they can't benefit from Li Chuan, so what they say is naturally much harsher.
Coupled with the deliberate guidance of some hostile forces, netizens across the country launched a verbal criticism of Mr. Sen.
If you open the comment area of relevant information or videos, you will find that there is everything you can say.
Some people say that Mr. Sen is disrupting the market and destroying the real economy. Some people say that he evades taxes and misbehaved. There are also rumors that he is involved in money laundering and collaborating with enemies abroad.
Of course, Li Chuan couldn't just sit idly by and watch.
Rumors are very hurtful. If they spread enough, they may become true.
In order to avoid this situation, he must choose to fight back.
He won't fight back himself, though.
As a public figure, it seems that the situation is too small, and it is easy to give people a handle by doing so.
Moreover, there were so many rumors on the Internet, and it was impossible for him to refute them one by one. That would be too much work and would tire him out.
His best solution is to hire a group of sailors to help him match up online.
He had already arranged this matter, predicted it in advance before the public opinion crisis broke out, and made a complete set of targeted arrangements.
Therefore, after the crisis of public opinion broke out, the trolls responded quickly and launched a fierce battle with black fans on various platforms.
This battle was fought in the dark, and it didn't subside until after ten o'clock in the evening.
In due time, public opinion on the Internet has turned around.
And judging from the current situation, in a few hours, the entry [Mr. Sen's company received tens of billions of financing from Douyin] will drop from the Weibo trending list, and at the same time, the heat of the financing event will gradually dissipate .
After the matter came to an end, Li Chuan's mood improved a lot.
At 11:30 in the evening, he finished his day's work, returned to the rest room in the office alone, and fell asleep deeply.
The next day, August [-]st.
Li Chuan woke up early and turned on his phone to check.
He found that the public opinion situation was still the same as yesterday, without any change.
In addition, the entry [Mr. Sen's company received Douyin's tens of billions of financing] has dropped from the hot search rankings, and related information and videos on other platforms have also passed the explosive period of popularity. The popularity of financing events has gone downhill. It is estimated that It will be almost gone in two or three days.
Li Chuan checked it carefully, made some secret estimates, and finally called Zhu Chenwei.
He ordered Zhu Chenwei to continue to watch the public opinion situation on the Internet, and prepare a group of sailors to stand by at any time in case of accidents.
After arranging all this, he was completely relieved.
At eight o'clock in the morning, he got dressed and got up, washed up briefly, then went to the warehouse, found some bread, ham and eggs, made them with the company's microwave oven, air fryer and other equipment, and enjoyed them alone.
After breakfast, it happened to be nine o'clock in the morning.
Li Chuan did some activities in the office and then started his day's work.
In a blink of an eye, several hours passed.
At about three o'clock in the afternoon, Jiang Zeyu came to the chairman's office.
"How are things going on the Internet?"
Jiang Zeyu came to the desk and sat down, raised his head and asked.
"almost."
Li Chuan replied casually: "Public opinion has been overturned, and the trending searches have also dropped. It is estimated that in two days, the popularity will disappear."
"Can't be careless."
Jiang Zeyu reminded: "If someone is planning behind the scenes, this matter may rebound... For us, we cannot let our guard down until the heat of this matter completely disappears."
"I understand, I've asked Zhu Chenwei to keep an eye on it, and the navy is also ready. If something happens, they will respond in time."
"Oh, all right."
Jiang Zeyu nodded and said nothing more.
"What's the matter with you?" Li Chuan tidied his desk and asked about the other party's purpose.
"The financing agreement has been sorted out."
Jiang Zeyu said and handed a document to Li Chuan: "This is the summary, please take a look."
Li Chuan took it, looked it over carefully in his hand, and after confirming that there was no problem, he asked again: "When will they send the money?"
"Within this week, the first payment will arrive in the account... all will be settled, and it will take three months."
"How much is the first payment?"
"20%, 21 million."
"21 million..."
Li Chuan's eyes lit up and he fell into deep thought.
Jiang Zeyu raised his eyebrows slightly, and asked, "Do you want to settle your account after the money arrives?"
"Um?!"
Li Chuan looked surprised and said: "How do you know?!"
Jiang Zeyu was right, he was really thinking about this just now.
At the beginning, he sold Mr. Mori's studio to Sanmu Network at a discount of 20 billion and paid in installments, that is, [-] million per month (before tax) for ten months.
This was done at the beginning because the company did not have much money in its account and was unable to pay it off in one go.
The situation is different now.
Sanmu Holdings has completed financing, and the first payment will be in place immediately.
After the money is in place, there will be no shortage of money in the company's account.
Since there is no shortage of money, it is natural to pay off the debt owed.
Well, ordinary people don't have to pay back their debts, but company bosses must pay their debts!
Li Chuan had this idea just now.
However, he was just beginning to think about it, and he hadn't figured out how to tell Jiang Zeyu in his heart, so he guessed it without thinking about the other party.
Seeing Li Chuan's reaction, Jiang Zeyu knew that he had guessed right, a look of helplessness appeared on his face, and said: "You are the boss of the company, the company has just finished financing, and the money hasn't arrived yet, so you want to squeeze it out Let's go, this is too..."
"What are you talking about!"
Li Chuan blushed slightly, and couldn't help but interrupted: "I just think...the company has raised so much money that it won't be able to spend it for a while, why not clear up the previous debts?
Once the debts are cleared, it will be easier for us to make subsequent accounting and so on, and it will be easier to communicate with the bank and the taxation department. This is a good thing. "
"Oh, let's go."
Jiang Zeyu nodded helplessly, and said perfunctorily: "Stop talking, I'll call you as soon as the money arrives, okay."
"I didn't mean that, you..."
"I see."
Jiang Zeyu didn't want to continue talking about this topic, so he quickly waved his hand and interrupted: "Don't worry, the money will be received by next Tuesday at the latest!"
"Uh, that's fine."
Li Chuan was a little embarrassed, but he was very happy to get a satisfactory answer.
However, he didn't show it.
In front of Jiang Zeyu, he tried his best to put on a calm posture, as if he hadn't said anything just now.
This kind of performance obviously couldn't fool Jiang Zeyu.
Jiang Zeyu knew very well what Li Chuan was thinking, but he had no choice but to let it go.
'Forget it, let him do whatever he wants, it won't have any impact on the company anyway. '
Jiang Zeyu thought secretly, put the matter aside, and changed the subject.
"I'm coming, there's one more thing."
"Tell me." Li Chuan leaned back on the chair and said calmly.
"The shell you asked me to find already has a target."
"Um?!"
Li Chuan suddenly sat up straight.
"Don't get excited."
Jiang Zeyu raised his hand and said: "I just found a more suitable target, but I haven't contacted them yet. I don't know if it will work or not."
Li Chuan calmed down, raised his eyebrows and said, "Tell me carefully."
"That's it..."
Jiang Zeyu organized the language and explained: "After we chatted last month, I ordered two people from the investment department to go to the Hong Kong stock market to collect information. This matter was carried out at the same time as the financing. They collected the information half a month ago. It's almost there, but the financing was at a critical moment and I didn't have time to deal with it, so I put it until now.
Last night, I read the information they collected, held a meeting to study it, and found a more suitable target.
It is a local company in Hangzhou. It was listed on the Hong Kong stock market in 2014. It is engaged in TV broadcasting-related business. It has a deep cooperation with CCTV. It is a private media company with official background. It is different from the nature of our MCN company. A certain degree of fit. "
"Television broadcasting, media companies...does it sound familiar?" Li Chuan said with a slight frown.
"Familiar?"
Jiang Zeyu was a little strange and asked, "Do you know this company?"
"What's it called?"
"Century Sage Scientific."
"It really is!"
Li Chuan let out an exclamation.
Century Sage Scientific, he knows it.
This company also became the shell of a live delivery company in later generations.
The live delivery company is called "Make a Friend".
That's right, the one founded by Luo Yonghao.
Luo Yonghao, as a well-known entrepreneur and speaker in China, has a great reputation for the live streaming brand he founded - "Make a Friend".
As far as Li Chuan knows, from April 2020 to May 4, "Make a Friend" has always been one of the leaders in the domestic live broadcast delivery industry. It was not until the rise of "Oriental Selection" that it slowly went downhill.
Luo Yonghao is an entrepreneur and has a keen sense of capital.
During the most popular period of "making friends", he quickly adjusted and completed the listing.
The method is also a backdoor.
The shell they borrowed at that time was Century Sage Scientific.
Li Chuan didn't expect that when he was about to go public, the shell he was looking for had a collision with the "make friends" of the later generations.
What a coincidence.
But if you think about it, it seems quite normal.
Although there are many shell resources in Hong Kong stocks, their distribution is relatively scattered. When it comes to live streaming companies, few meet the conditions.
Century Sage Scientific has a media background and is located in Hangzhou. Its current operating conditions are poor and its stock price is getting lower and lower... It is actually normal for this kind of company to become a shell target for live broadcast delivery companies.
Thinking of this, Li Chuan's surprise slowly dissipated.
Afterwards, he thought about it carefully and felt that Century Sage Scientific might indeed be a better choice.
After all, there are examples from later generations. The operation of "making friends" proves that the shell of "Century Sage Scientific" is relatively reliable.
This is very valuable.
You should know that shell resources are not so easy to find, especially reliable shell resources.
Many companies want to go public through the back door, but they always encounter various problems during the negotiation, and some dragged on for several years, and finally failed to take shape.
If Century Sage Scientific doesn't talk about anything else, at least it can be discussed in a short period of time, which is very important for the "Sanmu Department".
Thinking of this, Li Chuan has already made up his mind.
'I'm sorry, Lao Luo, I move faster than you. I'll borrow your shell first. When the time comes, you can find another one. '
Li Chuan thought to himself.
Jiang Zeyu didn't know what Li Chuan was thinking, but felt that Li Chuan's reaction was a bit strange, and he couldn't help wondering: "What's wrong? Do you know Century Sage Scientific well? Or do you know its boss?"
"Oh, no."
Li Chuan came to his senses, waved his hands and said, "I just heard someone mention it. Before...a college classmate of mine bought its stock, and he introduced it to me."
"Oh."
Jiang Zeyu responded without any doubt, and continued to introduce: "The headquarters of Century Sage Scientific is not far from us, just over the CBD. It takes less than an hour to drive there, so it is more convenient to talk...I came here just to talk to you Let me tell you, if you have no objections, I will talk to them tomorrow and try the moisture first."
Li Chuan pondered for a moment, then asked: "What is the market value of it (Century Sage Scientific) now?"
"2.16 billion."
"So few?" Li Chuan was quite surprised.
"It's normal."
Jiang Zeyu explained: "They are in the TV media industry. The industry has long since died. The market is in decline and there is no possibility of a re-emergence. It is normal for the stock price to be low... Their stock price has been below 16 Hong Kong dollars since 0.5. In 2018, it could no longer afford even 0.2 Hong Kong dollars, and now it is basically on the verge of delisting."
"Oh."
Li Chuan nodded slightly, and asked again: "Then how much will it cost if we buy it?"
"They have about 40% of the outstanding shares, and the remaining 60%, settled based on market value, is 1.3 million. However, there is usually a premium for shell resource acquisitions. It's hard to say how much the premium will be. It's hard to say now. We have to talk to them. We won’t know until later, but we can set a bottom line – no more than 80% at most.
If calculated according to the highest premium of 80%, we will spend about 60 million yuan to acquire all 2.3% of the equity, so the comprehensive cost is 1.3 million to 2.3 million yuan. "
"The price is not expensive, but... isn't 40% of the outstanding shares a bit too much? Should we buy back part of it?"
"Yes, but we have to wait until we acquire the 60% before operating. At that time, we can conduct a wave of public buybacks and buy back some of the outstanding shares at a premium of about 30%."
"Does the repurchase have to be public? We can't do it privately and buy it at the original price?"
"That would be too risky."
Jiang Zeyu shook his head and said, "For backdoor listed companies, exchanges generally have stricter scrutiny. If they find out and we operate in violation of regulations, the consequences..."
"Okay, I get it."
Li Chuan waved his hand and said, "Just do as you say, you go talk to them, and report any news in time."
"Row."
"Anything else?"
"Gone."
"Then go get busy first, I still have something to do here."
"it is good."
"..."
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