Chapter 80 Financing Begins

We stayed in Humen Town for one night and returned to Pengcheng the next day.

Lin Muqing and Lin Zitai formally signed a contract, and Mojin exchanged 15% of its shares for 100% of Dongpeng Group's shares.

Starting today, Dongpeng Group has also officially changed its name to Mojin Dongpeng Group (Pengcheng Branch).

The contract is signed and the documents are submitted to the official for review, which also means that the merger and acquisition case has come to an end for the time being.

At 03:30 in the afternoon, Mojin Dongpeng held a press conference to announce the results of the merger to the public.

When the news came out, public opinion was in an uproar, and countless netizens expressed their incomprehension.

Dongpeng Group, which was valued at 198 billion six months ago and is known as a quasi-A-share supernova, replaced 15% of Mojin's shares.

Therefore, two topics emerged: How much did Lin Muqing charge?How much energy did Lin Zitai use?
Considering that both of them have the surname Lin, even though their ancestral roots are far apart, they had no relationship before. However, there is a view on the Internet that the two are actually related as father and son.

If it weren't for the relationship between father and son, how could it be Lin Zitai's turn if he was so cheap?

A 198 billion group only exchanged 15% of its shares. Does Mojin Beverage have a valuation of 1300 billion?
Obviously not.

Lin Zitai was too lazy to explain, and there was no need to explain. Everyone who understood understood it, and he couldn't explain it to them clearly if he didn't understand.

They have shallow knowledge and are unwilling to understand deeply. They will only believe what they think. Even if they explain it clearly from beginning to end, they will only think it is covering up the truth.

"Mr. Lin, we're leaving. I'll leave this to you."

After the press conference, Lin Zitai planned to take a flight back to Magic City, because the day after tomorrow was Mojin’s financing day.

We talked until very late last night. Lin Zitai basically explained everything that needed to be explained, and also gave Lin Muqing a lot of power.

Lin Zitai's request is not many. He is to stop all the original Dongpeng products. The current task is to complete the debugging of the production line as soon as possible.

The production base in Humen, Guancheng will be the only production site of Mojin in the entire South China region.

If the production capacity in the SJ District of the Magic City is insufficient, goods will have to be transferred from here in the future. I hope Lin Muqing will actively cooperate.

As long as the production line debugging at the Humen base is completed, Lin Zitai will terminate his cooperation with Coca-Cola and PepsiCo.

Each can costs 0.6 yuan more in production costs, and with ten production lines, the profit is at least tens of millions less per day.

It hurts to look at it. This should be their profit, but due to insufficient production capacity, they can only let others earn it.

"Okay, Mr. Lin."

Lin Muqing's eyes were complicated, and he suddenly couldn't figure out Lin Zitai's real thoughts. After spending so much effort to acquire Dongpeng, he only left one sentence:

Dongpeng just changed its name, the general manager is still him, but the company's products have changed from Dongpeng to Mojin.

Lin Muqing once suspected that this was Lin Zitai's delaying strategy. After all, the day after tomorrow was Mojin's financing day.

It's normal for Lin Zitai to have no time to care about things here, but his sincerity doesn't seem to be fake.

At that time, Lin Muqing subconsciously asked the reason, but Lin Zitai did not give him an accurate reply.

Just a mysterious smile, he will know after a while, and I believe that he will continue to stay in the company a year later.

"I hope it goes as you wish."

Lin Muqing watched Lin Zitai leave. If the status quo could be maintained, he would still be willing to stay in Dongpeng.

It's just that there is one more person on top. As long as he doesn't point fingers at me every day, it's not unacceptable.

I came to Dongpeng after graduating from college and experienced a wave of layoffs and state-owned restructuring.

Finally, he became the owner of Dongpeng. After more than ten years of development, he spent most of his life here.

As a result, the owner suddenly changed. He has not accepted this fact until now, and he has not thought about what to do in the future.

I will only be 51 years old next year. If I retire and take care of myself, I still feel young and will not be able to take any time off.

…………

Taking advantage of the darkness, Lin Zitai took a plane and arrived in Shanghai.As soon as the plane landed, he told Su Jiayue to book the living room on the first floor of Shangri-La.

Send invitations to financial institutions at home and abroad, cordially inviting them to attend Mojin’s financing reception on the 18th.

Although the quota is basically predetermined, there are still a lot of processes to go through, which will also pave the way for future B-round financing.

Lin Zitai continued: "The valuation of Mojin Beverage is tentatively set at US$20 billion, and 10% of the shares will be used for financing."

After this financing, the shares held by Biopharma will increase from 85% to 76.5%.

Despite the acquisition of Dongpeng Group, the share structure of Mojin Beverage is still relatively simple.

Lin Zitai wholly owns Prince Group, which wholly owns Biopharmaceuticals, which currently holds 85% of Mojin shares.

If it goes on the market in the future, it will only be Mojin Beverage, which has nothing to do with biopharmaceuticals or Prince Group.

Su Jiayue nodded and went to handle it immediately, leaving them only one day.

…………

In the blink of an eye, we came to No. 18. The public opinion of Dongpeng Group has not subsided, and Mojin started financing again.

At three o'clock in the afternoon, the parking lot of Shangri-La Hotel was filled with foreign-owned vehicles with black license plates.

Countless young entrepreneurs also came here after hearing the news, looking forward to a beautiful encounter with venture capital managers.

After all, the big guys all wrote in their autobiographies that opportunities are earned by oneself, not dropped from the sky.

So-and-so has hundreds of dollars in his pocket, and goes in and out of various high-end cocktail parties every day to seek investment for the company.

An accidental 'encounter' in a parking lot, in a hotel lobby, or in the restroom.

The venture capital manager saw that the young boss was personable and the product had potential, so he invested thirty-five million yuan, creating a wonderful story.

Although this kind of story is chicken soup for the soul, it is not completely impossible.

After all, the venture capital manager of Sequoia once said that their department receives hundreds of emails every day, but most of them expire without being read.

They support young entrepreneurs because investing is not only about investing in products, but also about investors.

If you can be shameless and take the initiative to talk to them and introduce your products, you have surpassed 90% of entrepreneurs.

As long as they have time, they are willing to give these young entrepreneurs a few minutes to introduce their products.

"Hey, there are so many people."

Lin Zitai was surprised. This was the first time he held a financing reception as a host. He had always been invited before.

Su Jiayue looked helpless. Today's battle is so big. If someone discovers the default operation, it may not be over. "Mr. Song of Jiahua, should there be no problem?"

Sequoia, Goldman Sachs, Morgan Stanley, Bank of China, CITIC, and well-known venture capital institutions at home and abroad are all flocking here.

SDIC ICBC has the strength and financial resources to lead the investment. Zhang Jianghe, Zhou Guoxiong and others can also take part in the partnership. Even Wang Sichao also brought Wanda to invest.

Only Jiahua Capital has assets under management of more than 200 billion. It is a respected leader outside, but its management scale of more than 200 billion is really not enough here.

If such a little-known venture capital institution finally breaks through and takes 3% of the market share, it may cause dissatisfaction among others.

"fine."

Lin Zitai smiled,
He had been vaccinated with Song Xiangyang in advance.

On the day of financing, many venture capital institutions will come over and they are willing to give a 3% share, but whether they can bear the pressure depends on the strength of Jiahua Capital.

If there is only Jiahua, there is a high probability that it is not enough, but with Ping An Group, the situation will be different.

He believed that Song Xiangyang knew what to do.

(End of this chapter)

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