No regrets ninety-two
Chapter 915 Can't keep up with the chapter
Chapter 915
According to the initial intention reached by Weng Jinjun and Wu Xiaozheng, the two parties will inject capital into the cooperative company in proportion, of which Wu Xiaozheng's side will account for 51% and Weng Jinjun's side will account for 49%.
For this ratio, Weng Jinjun originally hoped to have a little more, but because Wu Xiaozheng insisted on holding the shareholding, he agreed.
But now, Weng Jinjun thinks his shares are too much.
The reason is very simple, if the five big hotels are open together, then the original agreed capital of the cooperative company must not be enough, or in other words, after the company registration is completed, it is possible to increase the capital at any time according to the needs.
The capital increase is also increased in proportion to the shares.
Weng Jinjun is really worried about his financial problems.
If he doesn't budget well now, it will be a big problem if he doesn't have enough money to invest by then, which will make Wu Xiaozheng doubt his cooperation integrity.
And if there are problems with the capital increase in the future, it will be a big trouble, as it will easily involve disputes over equity.
Therefore, Weng Jinjun wanted to communicate with Wu Xiaozheng in advance to show his sincerity in cooperation.
"Wu Dong, to tell you the truth, if five hotels invest together, I will be short of funds. Do you have any good suggestions in this regard?"
Wu Xiaozheng was surprised by Weng Jinjun's honesty, and at the same time, he also understood Weng Jinjun's difficulties.
As far as Wu Xiaozheng knew, Weng Jinjun's main asset was the four-star Waldorf Astoria Hotel in New York.
For Weng Jinjun, the leap from running a four-star hotel to suddenly running five five-star hotels is indeed a big leap. Even if he only needs to invest in a part of the hotel, it is indeed too much.
Alas, the main reason is that the development of Zhengjia is too fast, so fast that even the partners can't keep up with the pace of development.
Moreover, Wu Xiaozheng estimates that this speed of development will be even faster in the future.In that case, Weng Jinjun's capital will not be able to keep up with the needs of the cooperative company.
This is indeed a big problem.
After thinking for a while, Wu Xiaozheng said: "You have two choices now, one is to reduce the shareholding, the other is to keep the shareholding unchanged, sell the Waldorf Astoria Hotel in New York to Wu's company, or buy a share in the cooperative company at a discount."
This is the solution he can think of to help Weng Jinjun.
Weng Jinjun was a little surprised.
Let alone the first option.
The future of the cooperative company is so bright, how can he be willing to reduce his shareholding?
Doesn't that push the visible money out?
If he is not forced to, he will never choose to reduce his shareholding.
Therefore, Weng Jinjun is interested in the second option.
Although he doesn't have enough cash to invest, the Waldorf Astoria Hotel is his fixed capital, which can indeed be realized.
Moreover, if it is realized to Wu's enterprise or a discounted shareholding in a cooperative company, there will not be too many twists and turns.
Weng Jinjun didn't think there was anything wrong with this.
Four stars for five stars, anyone else knows how to choose.
The reason why he was surprised was because of Wu Xiaozheng's proposal.
As far as he knows, the current energy of Wu's enterprises is mainly in the country, and the assets are also here. According to the principles of enterprise management, generally few enterprises disperse their energy when the main body is developing at a high speed.
Wu Xiaozheng's proposal was really a bit abrupt.
He replied: "I'm definitely inclined to the second option, but if I transfer Waldorf Astoria to Wu, don't you think it will be troublesome to manage?"
Wu Xiaozheng: "..."
Why bother?
Don't you know that I already have plans to go to America?I'm still worried that I don't have my own foothold in New York!
The reason why he made the proposal just now is based on this starting point.
It would be a serious waste if only the people go out, but the business does not go out.
"We already have plans to develop into the United States."
Wu Xiaozheng told Weng Jinjun this point directly.
Weng Jinjun was a little surprised again.
He was surprised by Wu Xiaozheng's pace.
In his opinion, the development speed of Wu's enterprises in China is already astonishingly fast. In this way, the foundation is easy to be unstable. According to normal thinking, after a period of rapid development, first stabilize the foundation, and then plan for the next step development of.
Take a walk and keep steady, this is the development strategy of most enterprises.
Now Wu's company wants to break this routine, isn't it a bit risky?
But this is not the focus of his concern.
He has already discovered that Wu Xiaozheng's thinking cannot be speculated according to the routine.
All he cared about was how the Waldorf Astoria would be monetized.
"Wu Dong, regarding the transfer of the Waldorf Astoria Hotel, which method do you prefer? Sell it directly, or take a share in the cooperative company?"
This is also something that Weng Jinjun is more entangled in.
There is a difference between these two methods.
If it is a direct sale, Weng Jinjun can invest all the cash cashed in the cooperative company, but if it is priced into shares, it is equivalent to including the fixed assets into the new company, and only about half of his capital can be invested in five-star hotels. The project goes up.
Wu Xiaozheng said directly: "If I had to choose, I would definitely choose the first one, because once I take over, I will invest in expansion, transform it into a five-star hotel, and hand it over to the joint venture company for operation."
This made Weng Jinjun even more embarrassed.
Wu Xiaozheng's words undoubtedly told him that even if it is a Waldorf Astoria Hotel, the future standard will be five-star. Whether it is a direct sale or a discounted shareholding, it is not negotiable.
The reason is that the joint venture company is also Wu's enterprise holding company.
Weng Jinjun is very happy to see this, but the problem is that if the Waldorf Astoria Hotel is expanded, he will have to invest a huge amount of money to keep his original shareholding ratio if he adopts the method of discounting shares.
Alas, this is completely out of rhythm!
Weng Jinjun has a premonition that he may be less and less able to keep up with the rhythm in the future.
From this point of view, it may be the best choice to sell the Waldorf Astoria directly.
Only in this way can he retain the shareholding ratio of the cooperative company for a longer period of time.
Then, he began to consider the consequences of the sale.
Although the sale of the Waldorf Astoria Hotel can be exchanged for a large amount of money, the question is, will there be a danger that one's own assets will be annexed by Wu's company?
probably not!
The reason why Weng Jinjun believes this is that the cooperative company has a very important principle, that is, although the cooperative company is controlled by Wu Xiaozheng, he has made it clear that he only pays attention to financial supervision and management supervision, and the specific management rights are still in the In the hands of Weng Jinjun.
In this way, the risk is largely controlled by Weng Jinjun himself.
"Wu Dong, look at the transfer price..."
Weng Jinjun has already made a preliminary decision.
"As for the transfer price, let's go through the formal business process. First, we will evaluate the assets, and then the two parties will sit down and talk. How to talk about it, you can go to silence them. I won't ask about the details."
Weng Jinjun: "..."
Talk to Shen Mo?
Why do I feel like I have lost the right to have an equal dialogue with you since the beginning of cooperation?
If this continues, will I become your wage earner?
(End of this chapter)
According to the initial intention reached by Weng Jinjun and Wu Xiaozheng, the two parties will inject capital into the cooperative company in proportion, of which Wu Xiaozheng's side will account for 51% and Weng Jinjun's side will account for 49%.
For this ratio, Weng Jinjun originally hoped to have a little more, but because Wu Xiaozheng insisted on holding the shareholding, he agreed.
But now, Weng Jinjun thinks his shares are too much.
The reason is very simple, if the five big hotels are open together, then the original agreed capital of the cooperative company must not be enough, or in other words, after the company registration is completed, it is possible to increase the capital at any time according to the needs.
The capital increase is also increased in proportion to the shares.
Weng Jinjun is really worried about his financial problems.
If he doesn't budget well now, it will be a big problem if he doesn't have enough money to invest by then, which will make Wu Xiaozheng doubt his cooperation integrity.
And if there are problems with the capital increase in the future, it will be a big trouble, as it will easily involve disputes over equity.
Therefore, Weng Jinjun wanted to communicate with Wu Xiaozheng in advance to show his sincerity in cooperation.
"Wu Dong, to tell you the truth, if five hotels invest together, I will be short of funds. Do you have any good suggestions in this regard?"
Wu Xiaozheng was surprised by Weng Jinjun's honesty, and at the same time, he also understood Weng Jinjun's difficulties.
As far as Wu Xiaozheng knew, Weng Jinjun's main asset was the four-star Waldorf Astoria Hotel in New York.
For Weng Jinjun, the leap from running a four-star hotel to suddenly running five five-star hotels is indeed a big leap. Even if he only needs to invest in a part of the hotel, it is indeed too much.
Alas, the main reason is that the development of Zhengjia is too fast, so fast that even the partners can't keep up with the pace of development.
Moreover, Wu Xiaozheng estimates that this speed of development will be even faster in the future.In that case, Weng Jinjun's capital will not be able to keep up with the needs of the cooperative company.
This is indeed a big problem.
After thinking for a while, Wu Xiaozheng said: "You have two choices now, one is to reduce the shareholding, the other is to keep the shareholding unchanged, sell the Waldorf Astoria Hotel in New York to Wu's company, or buy a share in the cooperative company at a discount."
This is the solution he can think of to help Weng Jinjun.
Weng Jinjun was a little surprised.
Let alone the first option.
The future of the cooperative company is so bright, how can he be willing to reduce his shareholding?
Doesn't that push the visible money out?
If he is not forced to, he will never choose to reduce his shareholding.
Therefore, Weng Jinjun is interested in the second option.
Although he doesn't have enough cash to invest, the Waldorf Astoria Hotel is his fixed capital, which can indeed be realized.
Moreover, if it is realized to Wu's enterprise or a discounted shareholding in a cooperative company, there will not be too many twists and turns.
Weng Jinjun didn't think there was anything wrong with this.
Four stars for five stars, anyone else knows how to choose.
The reason why he was surprised was because of Wu Xiaozheng's proposal.
As far as he knows, the current energy of Wu's enterprises is mainly in the country, and the assets are also here. According to the principles of enterprise management, generally few enterprises disperse their energy when the main body is developing at a high speed.
Wu Xiaozheng's proposal was really a bit abrupt.
He replied: "I'm definitely inclined to the second option, but if I transfer Waldorf Astoria to Wu, don't you think it will be troublesome to manage?"
Wu Xiaozheng: "..."
Why bother?
Don't you know that I already have plans to go to America?I'm still worried that I don't have my own foothold in New York!
The reason why he made the proposal just now is based on this starting point.
It would be a serious waste if only the people go out, but the business does not go out.
"We already have plans to develop into the United States."
Wu Xiaozheng told Weng Jinjun this point directly.
Weng Jinjun was a little surprised again.
He was surprised by Wu Xiaozheng's pace.
In his opinion, the development speed of Wu's enterprises in China is already astonishingly fast. In this way, the foundation is easy to be unstable. According to normal thinking, after a period of rapid development, first stabilize the foundation, and then plan for the next step development of.
Take a walk and keep steady, this is the development strategy of most enterprises.
Now Wu's company wants to break this routine, isn't it a bit risky?
But this is not the focus of his concern.
He has already discovered that Wu Xiaozheng's thinking cannot be speculated according to the routine.
All he cared about was how the Waldorf Astoria would be monetized.
"Wu Dong, regarding the transfer of the Waldorf Astoria Hotel, which method do you prefer? Sell it directly, or take a share in the cooperative company?"
This is also something that Weng Jinjun is more entangled in.
There is a difference between these two methods.
If it is a direct sale, Weng Jinjun can invest all the cash cashed in the cooperative company, but if it is priced into shares, it is equivalent to including the fixed assets into the new company, and only about half of his capital can be invested in five-star hotels. The project goes up.
Wu Xiaozheng said directly: "If I had to choose, I would definitely choose the first one, because once I take over, I will invest in expansion, transform it into a five-star hotel, and hand it over to the joint venture company for operation."
This made Weng Jinjun even more embarrassed.
Wu Xiaozheng's words undoubtedly told him that even if it is a Waldorf Astoria Hotel, the future standard will be five-star. Whether it is a direct sale or a discounted shareholding, it is not negotiable.
The reason is that the joint venture company is also Wu's enterprise holding company.
Weng Jinjun is very happy to see this, but the problem is that if the Waldorf Astoria Hotel is expanded, he will have to invest a huge amount of money to keep his original shareholding ratio if he adopts the method of discounting shares.
Alas, this is completely out of rhythm!
Weng Jinjun has a premonition that he may be less and less able to keep up with the rhythm in the future.
From this point of view, it may be the best choice to sell the Waldorf Astoria directly.
Only in this way can he retain the shareholding ratio of the cooperative company for a longer period of time.
Then, he began to consider the consequences of the sale.
Although the sale of the Waldorf Astoria Hotel can be exchanged for a large amount of money, the question is, will there be a danger that one's own assets will be annexed by Wu's company?
probably not!
The reason why Weng Jinjun believes this is that the cooperative company has a very important principle, that is, although the cooperative company is controlled by Wu Xiaozheng, he has made it clear that he only pays attention to financial supervision and management supervision, and the specific management rights are still in the In the hands of Weng Jinjun.
In this way, the risk is largely controlled by Weng Jinjun himself.
"Wu Dong, look at the transfer price..."
Weng Jinjun has already made a preliminary decision.
"As for the transfer price, let's go through the formal business process. First, we will evaluate the assets, and then the two parties will sit down and talk. How to talk about it, you can go to silence them. I won't ask about the details."
Weng Jinjun: "..."
Talk to Shen Mo?
Why do I feel like I have lost the right to have an equal dialogue with you since the beginning of cooperation?
If this continues, will I become your wage earner?
(End of this chapter)
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