Rebirth: Starting from the Cafeteria

Chapter 432: Following the Trend

Du Shaojie planned to give the other party an open identity, and still work for him in private. He would not treat the other party unfairly in terms of money, and if the other party did not want to work anymore one day, he would agree.

But one thing is that no betrayal is allowed.

Zhong Qing is a smart man, and he must understand the high price of betrayal.

"Boss, whatever you arrange is fine. I will obey all your arrangements."

Zhong Qing smiled and touched the back of his head, looking silly.

Du Shaojie laughed, then stood up and said, "Okay, go find a storefront, and let me know when you've found one. I'll help you with the follow-up matters."

"Okay, boss."

Zhong Qing responded respectfully and then watched Du Shaojie leave.

He knew that he had left his boss's core team from then on, but he had other uses and no one could replace him.

Du Shaojie stayed in Hong Kong with peace of mind, and Pang Weidong and Xu Bo took time to come and meet him. The two of them no longer had to worry about money, and recently they discussed going abroad together, calling it an "overseas inspection."

The weather has been good recently, so the three of them rented a yacht and went out to sea to enjoy the beautiful scenery, delicious food and fine wine.

"Ajie, you don't know that we are so fed up with being surrounded by people every day when we stay in the company. Now many people are interested in our entertainment company and are crying and shouting to buy shares."

Pang Weidong's main responsibilities are external, while Xu Bo focuses on the internal management of the company.

After so many things happened, no one dared to dream of taking advantage of others, but they could not stop people's enthusiasm for investment. Therefore, he was busy with endless social activities all day long, which was really annoying.

"Yes, Brother Dong is right. We are really struggling right now. I think the company will probably need a new round of financing soon, but we can't find any new profit growth points."

Xu Bo finally understood what "pain and happiness" meant. Everyone's enthusiasm was about to burn him and Pang Weidong, so they had to consider launching a new round of capital increase and share expansion.

An increase in valuation can indeed guarantee the interests of original shareholders, but in the long run, everyone's interests will eventually be diluted.

Because the company is not short of money at the moment, if it cannot find new profit growth points, all the money will be wasted, and everyone's income will be declining based on the trend.

"If we increase capital and expand shares now, what valuation can the company achieve?"

Du Shaojie asked with a smile, then picked up the glass and drank the champagne in it.

"Five billion should be no problem, right?"

Xu Bo was not sure, but Pang Weidong felt that he was still too conservative.

Du Shaojie calculated that the valuation is still appropriate at the moment. If it is higher, no one will buy it.

"There is little need to increase capital and expand shares at this stage, as it will dilute the interests of all shareholders. How about we reduce our holdings a little? As the saying goes, no man is perfect forever, and no flower is red forever. Please consider it."

He felt that the development ceiling of existing projects was very limited, so it would be better to take the opportunity to recover some funds and at the same time attract some capable shareholders.

Du Shaojie decided to sell a small amount of equity to cash out and lock in future profits, but it is unclear whether Pang Weidong and Xu Bo have any objections.

"I have no opinion."

"I don't have any objection either."

Pang Weidong and Xu Bo are both smart people. Under the premise of high valuation, they don’t mind cashing out some money.

大家继续商量,最后确定了4、3、3的原则,也就是杜少杰减持3%的股份、许波减持3%的股份,庞伟东减持4%的股份。

A total of 10% of shares were sold, with an expected cash out of 5 million yuan.

After reducing their holdings by 10% again, Pang Weidong, Xu Bo and Du Shaojie are still the controlling shareholders of Yuedong Entertainment, and there is not much difference.

The only difference is that the amount of dividends will be reduced in the future, but they have locked in the profits in advance and do not suffer losses.

Pang Weidong and Xu Bo spent a few days in Hong Kong and then went to Paris together. They had also invited Du Shaojie, but he was obviously not interested, so they had to go it alone.

A few days passed quickly.

Du Shaojie helped Zhong Qing set up the restaurant and transferred two reliable chefs from the Seafood Restaurant.

This restaurant mainly serves Teochew cuisine, but also sells roast meats, such as roast duck and roast goose.

In order to ensure the restaurant's booming business, he conducted "special training" for the two chefs for half a month, starting with the title of "gold medal lecturer" for six hours every day, which consumed a lot of energy.

A total of 15 million hours were consumed in 450 days.

In the previous period, Du Shaojie did not make much money. He only made 60 dishes, which earned him the comprehensive evaluation of "Phoenix Marrow and Dragon Liver", and brought him 6 redemption points and 120 million hours of time.

[Exchange points: 729918 points\4883066 points]

【Duration: 884 million hours\7781.30 million hours】

"Okay, the special training is over. From now on, this restaurant depends on you. But you don't have to feel too burdened. You two have a good foundation. You have basically mastered what I taught you in the past half month. You will be recognized by customers."

Du Shaojie did not attend the restaurant's opening ceremony. In the future, the restaurant's profits, apart from normal expenses and employee salaries, will be controlled by Zhong Qing. His own dividend will not exceed 3%, and the other 7% will be used for "business."

For example, expanding information channels, finding some scientific research staff, and taking specific actions, etc.

The next task that Du Shaojie gave to Zhong Qing was to find a way to find Li Changsong's whereabouts and determine his behavior. According to his judgment, the guy was more likely to be hiding in North America, but he could also be in Hong Kong or Southeast Asia.

However, this is just a casual move with no time limit, so you can take your time to find out where that guy is.

A week later.

Du Shaojie returned to Shenzhen and met with Sun Zhenguo, Liu Zijian and others.

At present, the paging station market is highly competitive, and some small stations without strength have been merged by large stations. In order to maintain his leading advantage, Sun Zhenguo has successively merged 27 large and small paging stations, and is still the leading overlord in the industry.

"Mr. Du, the development speed of the paging station has slowed down, and the monthly service fee income is growing slowly. According to what you said before, I estimate that the current paging market has basically reached saturation, so it has stopped expanding."

Sun Zhenguo made a judgment that the paging industry is likely to reach its peak in the next two years. In the future, it will not only grow slowly, but may even form a downward trend year by year.

In other words, the current stage is the highlight moment of the paging industry.

"I agree with Mr. Sun's judgment. The orders for pagers in the factory have stagnated recently after reaching a peak. I plan to reduce production capacity from the next quarter and send people to investigate the production technology of PHS and mobile phones."

Liu Zijian not only realized this problem, but also responded accordingly.

Sun Zhenguo does not have that much power, and the purpose of this meeting is to ask Du Shaojie about the future development direction of the paging station.

At this point, the two had to admire Du Shaojie's foresight. Some things he had predicted many years ago, and they were actually proven to be very correct.

"Mr. Sun, you can choose an opportunity to sell the small paging stations you have acquired. Remember, you cannot lower the price. You must sell them at a good price."

After Du Shaojie finished speaking, Sun Zhenguo nodded in understanding.

It's the same with anything. If you sell it at a low price, no one will buy it. Now everyone is still working hard to expand, so it makes sense to raise the price. Otherwise, people will think you have some conspiracy.

Liu Zijian had different opinions when he heard this.

"Mr. Du, have you ever thought about listing the paging station? It would be easier to exit after listing, and it would be faster and more efficient than selling assets like you are doing."

"It's not impossible to go public, but we have to transform into a joint-stock company first. I'm afraid of the hassle."

Du Shaojie also thought that Liu Zijian's idea was very good. To be honest, if the paging station was reorganized into a [Communications Co., Ltd.] with the paging business as the core asset, it would be easy to successfully list it in Hong Kong, at least.

But the mess in the later period was difficult to clean up. You know, the paging business was mainly based on him, and he would inevitably be criticized in the future.

"Mr. Du, I know what you are worried about, but there is no need to worry. I have an idea. Our two companies can be reorganized into a communications company and then seek to go public."

At this time, Liu Zijian revealed his real purpose.

He just mentioned the transformation of the enterprise, but how can transformation be so easy? It requires funds, technology, and support from personal connections, and he really feels a little overwhelmed.

Therefore, he wanted to take this opportunity to tie himself up with Du Shaojie and form a closer alliance of interests.

Du Shaojie did not reject Liu Zijian. After these years of cooperation, he had fully recognized him. Moreover, restructuring was not difficult. Everyone just needed to distribute the original responsibilities and rights and be fair.

After all, both parties have a foundation of trust, which is more important than anything else.

"Mr. Sun, what do you think?"

Du Shaojie was already tempted, but he did not express his opinion immediately. Instead, he turned his head and looked at Sun Zhenguo.

Sun Zhenguo has made great contributions over the years. We should respect him when respect is due, and there is no harm in listening to his opinions appropriately.

“I think this is a stroke of genius, it’s great!”

Sun Zhenguo's situation is worse than Liu Zijian's. Liu Zijian has a focused direction. The best outcome for the paging station is to exit smoothly, and there is no sign of transformation yet.

If the two companies can successfully reorganize and seek to go public, then both parties have the potential to be revitalized.

"Okay! Mr. Sun, Mr. Liu, then I'd like to trouble you to come up with a specific plan."

Du Shaojie nodded and agreed to the reorganization in principle.

However, the specific plan requires the two companies to send people to negotiate, and he will not participate, but the final plan needs his approval.

While others were still scrambling to grab market share, Du Shaojie's paging station and pager factories had already begun to seek exit and transformation. This was the benefit of his having the memory of the next few decades, always following the trend and not competing with the general trend.

Next, Sun Zhenguo and Liu Zijian launched a series of negotiations, and the two sides finally reached an agreement to jointly establish [Shenzhen Huanyu Communications Co., Ltd.].

Pang Weidong and Xu Bo happened to have returned from Paris. Du Shaojie talked to them and they agreed to contribute part of the funds to help the company complete its shareholding reform.

They both have a lot of cash on hand, and they don't have any other investment projects anyway. (End of this chapter)

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