Rebirth: Starting from the Cafeteria

All brands under Du Shaojie are basically people-friendly, which requires the company to have strong cost control. Otherwise, it would be meaningless to make a profit but lose money.

In fact, it’s not a bad time now. After all, housing prices have not taken off yet and the cost of renting a house is not that high.

When housing prices take off in the future, the pressure of rent could even bring down a very good restaurant.

Du Shaojie is extremely obsessed with real estate. While others rent houses, he buys them. Now he has accumulated 279 shops, which are still growing slowly.

He never had the ambition to be the richest man, his biggest wish was to run these stores and make a living. As for investment, it was just a side job.

"Boss Du, Boss Tang from the telecommunications company called just now. He wants to invite you to have dinner alone. When are you free?"

That day, Du Shaojie had just finished his breakfast when Luo Qin came over and told him something.

Tang Jie from the telecommunications company wanted to invite him to dinner alone, probably because they had something to discuss.

Du Shaojie thought about it, then took the phone and called Tang Jie.

"Boss Tang, I'll make arrangements tonight. Let's go to the Seafood Restaurant and have a seat."

"Okay! Then I'll be disrespectful to refuse. I'll arrange it next time."

The two of them didn't push the matter of the meal back and forth.

night.

Du Shaojie and Tang Jie met at the Seafood Restaurant. They were the only two people in the huge private room.

"Boss Du, I'm planning to withdraw my investment from the resort. The share transfer has been arranged, but the price is a little low. Please talk to Boss Ye and don't mind it."

After three rounds of drinks, Tang Jie got straight to the point.

Dong Yushu was right. The telecommunications company was planning to cut off tertiary industry projects and focus on its main business.

However, Tang Jie's request was a bit strange. It was obvious that the company's shares in the resort could be sold at a good price, but the other party insisted on transferring them at a low price.

Specifically, it is about 20% lower than the normal price, and this does not include the premium.

According to the earliest investment agreement, any shareholder who wants to transfer shares must obtain the consent of the other two shareholders. Moreover, under the same conditions, the other two shareholders have the right of first refusal.

Du Shaojie immediately understood Tang Jie's intention of calling him to eat today.

"Boss Tang, why do you suddenly want to transfer your shares? The resort's business is booming right now, and it's like making money without doing anything. It's a pity for you to do this. As for your thoughts, I have to discuss it with Boss Ye, so I can't give you an answer now."

Du Shaojie did not express his opinion immediately. He always felt that there was something wrong here.

"Boss Du, please have a good talk with Boss Ye. I did this for a reason, but it's inconvenient to explain."

Tang Jie didn't show any emotion, he just kept saying nice things.

Du Shaojie looked at the other party with a smile, seemingly understanding the other party's difficulties, but he did not make any promises until the end of the dinner.

That night.

He went to the resort to meet Ye Weiming and told him about this.

"Boss Du, let's not jump to conclusions yet. Let's test the other party to see who Boss Tang wants to transfer the shares to. He can't hide this. If we work backwards from the transferee, we can probably understand some of the things here."

After hearing this, Ye Weiming rarely swore.

Logically speaking, Tang Jie is not a fool. It is impossible for him to do something that harms the public interest and benefits himself so blatantly.

He felt that this matter should be clarified, otherwise if anything went wrong in the future, he might get himself involved.

"Boss Ye, this matter actually has nothing to do with us, right? Then why do we have to dig into it? Sometimes, knowing too much is not good. It's better to be ignorant."

Du Shaojie shook his head, disagreeing with Ye Weiming's statement.

After all, the shares belong to the other party, and it is their freedom to transfer them to whomever they want. Why bother about any tricks involved?

"But there is one thing. If Mr. Tang insists on transferring the shares at an abnormally low price, we can't just sit there and watch. At that time, I will activate my right of first refusal."

Du Shaojie said this and blinked at Ye Weiming.

Ye Weiming understood immediately and burst into laughter.

Tang Jie's wishful thinking ultimately failed, and he had no choice but to transfer his shares at a normal price.

In fact, there is definitely a premium for transferring the resort’s shares now, but Du Shaojie and Ye Weiming did not stop him and agreed to the equity transaction.

The new shareholder is a private enterprise, whose boss is Tan Zheng.

"Fuck, why did you agree to let Tan Zheng invest? This guy is not a good guy. Be careful, he will make the resort a mess in the future."

Du Shaojie and Ye Weiming had no idea where this person came from, so they called Pang Weidong, who immediately swore at them.

Tan Zheng is very famous in the circle and has a good interpersonal relationship, but he just doesn't like doing legitimate business. He likes taking risks and has been wandering in the gray area for many years.

With such a shareholder, the resort may not be safe in the future. "I understand. Thank you, Dongzi."

Du Shaojie didn't say much and quickly hung up.

He then discussed with Ye Weiming that Tan Zheng should not be allowed to interfere in the operation and management of the resort. In short, he should just give him the title of non-executive director and wait for the dividends.

after a few days.

Tan Zheng visited Du Shaojie and Ye Weiming seriously and convened a board meeting at his suggestion.

"Mr. Du, Mr. Ye, I may offend you a little by saying this. The resort has such a good foundation that it should have been replicated in other places long ago. Funding is not a problem. As long as we spread the word, there will be many people willing to invest. Even listing and financing is not impossible."

Tan Zheng is not very old, only about 30 years old.

This man is thin, but he speaks loudly and imposingly.

As soon as the meeting started, the other party began to talk big, from becoming bigger and stronger to listing and financing, as if everything was under his control, and his eloquence was first-rate.

"Oh? Mr. Tan, what do you think the company's valuation will be if the resort launches its first round of financing?"

Du Shaojie and Ye Weiming looked at each other, then asked a question.

Currently, the resort is operating very stably and has strong profitability, which is definitely not comparable to that of a new startup company.

If financing is necessary, it involves the valuation of the company, which is a key point that cannot be avoided.

"The resort is indeed doing well, but it does not mean it can sweep everywhere, so the current reasonable valuation should be between 2 million and 3 million yuan."

Tan Zheng gave his own answer.

There is no fixed rule for valuation, and everyone has different opinions, but his valuation is obviously too low.

"Ahem, I think, if the valuation can't reach 10 billion yuan, what's the point of raising funds? Wouldn't it be better for us to stick to our existing achievements? Why bother to take risks to expand the market?"

Ye Weiming lit the cigarette in his hand and said indifferently.

Du Shaojie also echoed from the side, acting like he was desperate for money.

Tan Zheng sneered in his heart. As long as the problem can be solved with money, it is not a problem. However, he couldn't agree to anything now, so as not to whet the appetite of these two guys.

The first meeting was fruitless, but the three people walked out of the meeting room talking and laughing, and even had a meal together.

Du Shaojie and Ye Weiming didn't want to fall out with each other, so they didn't take tougher measures. However, now not only Du Shaojie, but also Ye Weiming also had the idea of ​​retreating.

If the resort business is to continue smoothly, all shareholders must be of one mind.

But since Dong Yushu was transferred, both Tang Jie and the new shareholder Tan Zheng could be considered unstable factors. The two planned to make a final profit and then withdraw, and the rest of the matter would have nothing to do with them.

"Boss Du, after I deal with this mess, I plan to quit my job and start my own company."

Ye Weiming had this idea a long time ago, but had never put it into action.

The trigger that prompted him to make up his mind was the transfer of independent director Yushu, which truly demonstrated what it means when a person leaves, the tea gets cold. If he suddenly leaves one day, who knows what will happen to the tertiary industry of the foreign trade company?
Ye Weiming is also a ruthless person. At his old age, he decided to leave his job and start his own business.

However, he didn't have to resign, he could just apply for medical retirement. But before that, he needed to deal with all the messes to avoid giving others a handle.

"Oh? What do you plan to do?"

Du Shaojie was very surprised because the other party had never mentioned this idea before.

"Let's stick to our old business first, starting with foreign trade, and then see if there are other opportunities later."

Ye Weiming smiled and said, everything was said without words.

The two then left the resort together and went back to their respective homes.

after a few days.

Ye Weiming found Liu Zijian and Sun Zhenguo and told them that he was planning to sell his shares in Huanyu Communications. He had already found a buyer, and as long as everyone agreed, the foreign trade company would withdraw from the shareholder list.

Liu Zijian quickly called Du Shaojie, who had expected this and agreed to the equity transaction.

Later, a private company named Wuzhou Trading became a new shareholder of Huanyu Communications. The equity of this company was very complicated, and on the surface, it had nothing to do with Ye Weiming.

Tang Jie later contacted Du Shaojie and Ye Weiming several times, and the two finally gave in and agreed to introduce powerful shareholders.

The two sold part of their shares at a premium, but still retained 51% of the resort's shares. This equity transfer has far exceeded expectations. Not counting previous dividends, the original investment has doubled its profit.

Tang Jie couldn't help but be overjoyed, and then offered a high price that Du Shaojie and Ye Weiming could not refuse, to buy all their shares.

He wanted complete control of the resort without any constraints.

Du Shaojie and Ye Weiming signed the equity transfer agreement, and Ye Weiming brought back a huge profit of several hundred million yuan for the company. For him, this was already a good job, not to mention that the transfer of [Huanyu Communications] shares also made a profit.

Ye Weiming cut the Gordian knot, dealt with various investments in the tertiary industry, sorted out the debts and liabilities, and then distributed a considerable bonus to all employees. (End of this chapter)