Chapter 57 Join if you can't beat it
Ten o'clock the next day, Hilton Hotel reception room.

"Mr. Lin, to be honest with you, the chance of Dongpeng going public is zero. Even if it is lucky enough to go public, it will fall below the issue price."

"Lin Zitai's influence in the financial market is much more terrifying than you think. You don't know how many people are looking forward to his return as king."

Song Xiangyang spoke with sincerity and sincerity.He sympathized with Lin Muqing, and also sympathized with Dongpeng's experience, and even more sympathized with the financial and material resources he had invested in Dongpeng over the years.

I would rather be a chicken head than a phoenix tail.

If Dongpeng goes public, Song Xiangyang can still be a director, but if Mojin goes public, he will at most be a shareholder who owns shares.

So it's not that he doesn't want to help, it's just that he really feels helpless when faced with the efficacy of magic power and Lin Zitai.

I can only blame my own fate.

You can't beat me anyway, so why not join?

While reducing losses, conduct risk hedging.

Just like the big entertainment plan implemented by Goose Factory, it entered the live broadcast industry strongly, first acquiring Huya, and then holding shares in Douyu.

The two leading platforms on the entire network are in control, and if they are allowed to compete, the meat will rot in the pot in the end.

Although Jiahua is not as strong as Goose Factory, the principle is basically the same.

"Is there no other way?"

Lin Muqing frowned. He originally thought it was just Song Xiangyang's defection, but he didn't expect that the matter was much more complicated than he imagined, but he still wanted to fight for it again.

Renjia Lehu is backed by Daliyuan Group, which owns more than 500 products including Heqizheng, Haochidian, Copico, and instant noodles and dairy products.

Lehu is just the most insignificant one among more than 500 products, accounting for less than 1% of the group's total revenue.

Even if the market for functional drinks is lost, Daliyuan will not care too much. He has food at home and will not panic.

Looking back at them, Dongpeng accounts for more than 90% of the company's total revenue, and they have no products except Dongpeng.

Song Xiangyang pondered for a long time: "It's not impossible, but not only is it difficult to do, you probably won't agree."

Lin Muqing asked: "What can I do?"

"Abandon Dongpeng and merge into Mojin."

Mojin chooses to raise funds and will go public in the future.

However, regardless of A-shares, Hong Kong stocks, or US stocks, there are minimum requirements for companies applying for listing. The company must have been registered for more than three years.

Song Xiangyang knew Lin Zitai's character quite well. He usually acted decisively and resolutely.

At that time, other companies might have to discuss a billion-dollar project for ten days and a half, but he decided on a single thought and would not waste time discussing meaningless things.

As long as the time is right, Lin Zitai will definitely not let Mojin wait for two or three years in vain, and the best way is to go public through a backdoor listing.

Dongpeng is a very high-quality company. It is on the eve of its IPO, and all the financial data are extremely eye-catching.

It is still a competitor in the same industry, and all its systems and factories can continue to be used, saving worry and effort.

Including Mojin, Dongpeng also has the most needed production lines today, which can be put into production immediately with simple debugging.

Song Xiangyang also has selfish motives. If the two are added together, the shares held by Jiahua will become more, and at the same time, the investment in Dongpeng over the years will not be in vain.

The only difficulty with this matter is that the valuation of Dongpeng’s Series C financing reached 198.85 billion, while Mojin’s current valuation is only 12-15 billion.

There is a valuation gap of more than ten times between the two parties. Even if Lin Muqing can make up his mind to agree, Lin Zitai may not agree.

"impossible."

Lin Muqing smiled angrily.

He really wanted to ask,
Does Song Xiangyang know what he is talking about?

The two armies are fighting, and the strength difference between the two sides is more than ten times. Before the fighting begins, the side with more troops will surrender to the side with fewer troops.

Although the smaller one is like a heavenly soldier or a divine general, this way of surrender is too humiliating and will definitely be nailed to the Pillar of Shame.Song Xiangyang did not blame Lin Muqing for being unreasonable, and sighed: "Old Lin, this is the best way I can think of."

"Not to mention Dongpeng, even Red Bull is far less effective than Mojin. This is a fact and we have to admit it."

"If you do nothing now, you will die slowly. In the end, you may lose so much that you won't even be able to get your money back."

"You should know better than me how much Dongpeng's sales have dropped with the advent of Magic Drink."

"If you don't believe it, Jiahua can terminate the distribution contract. You can ask others if they are willing to take over."

"Of course Jiahua is happy to see Dongpeng go public successfully. After all, after investing so much money, there is really nothing we can do about it."

"Mojin is the first domestic functional beverage stock, and it has become the default fact in our circle."

The legendary figure makes a comeback and returns in lightning. The magic power is powerful and topical. As long as it is listed on the market, he will definitely become the demon king.

Since the Prince Group was sanctioned and declared bankrupt in June, the financial market has also been affected and has been in a downturn for a long time.

Domestic financial institutions are already gearing up, waiting for Mojin to be listed, and will speculate on it and make a lot of money.

It’s no fun playing stocks with a market value of billions, and it’s easy to be locked up in a dark room by the Banking Regulatory Bureau.But when you play tens of billions of stocks and there are topical stocks, you don’t have that kind of worry.

As a competing product of the same type, Dongpeng can only be sacrificed. If you want to resist stubbornly, you are trying to use your arms as a chariot and overestimating your capabilities.

If you can't beat it, the best way is to join. After all, don't worry about anyone, not money.

It's worth some money now, but it won't be worth anything later.

Lin Muqing was silent, and Song Xiangyang said, "Think about it and tell me. Let's make a good plan. Time waits for no one."

After saying that and leaving, Lin Muqing is a smart businessman and should know what is the right decision to make at this time.

…………

That afternoon, Lin Zitai was working at the factory and heard that Daliyuan had given up on the functional beverage market.

So he is discussing with Liu Xiaojun to see if he can take over the other party's production line and save the time of booking with a German guy.

Liu Xiaojun said: "I guess there is no chance, because even if Dali Garden does not produce Lehu, it will still produce other drinks."

"But Red Bull may consider it. I heard that their factory in Guangxi Province has suspended production for three days."

Liu Xiaojun added: "Mr. Lin, we should establish several more branch factories, at least one each in the Pearl River Delta and the Central Plains. This can reduce transportation costs."

Mojin has no shortage of sales, and its production capacity has been basically solved. Next, it needs to reduce costs and strive to maximize profits.

Storage and transportation costs can be compressed. If the cost of each can is reduced by 0.1 yuan, they can earn 0.1 yuan more.

"Okay, you can find a time to go to the local area to inspect the environment and be prepared to receive it."

Lin Zitai looked through the information and couldn't help but laugh.

Even if production is discontinued, Red Bull has no intention of taking care of them and is still fighting a lawsuit for domestic copyright.

They were pioneering in raising the price of drinks to more than 5 yuan, and have been firmly at the top for 20 years, so that they no longer have a sense of crisis.

To fight against the outside world, we must first secure the inside?

Quite a bald legacy.

At this time, Su Jiayue knocked on the door and said, "Mr. Lin, Lin Muqing from Dongpeng is here to visit you."

"Lin Muqing? What is he here for?"

"Just saying I came to visit you."

Lin Zitai pondered for a moment, unable to guess the reason why the other party came to see him, so he simply didn't bother to guess: "Okay, arrange for him to go to the reception room, I will go there later."

(End of this chapter)

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