Perfection of Rebirth

Chapter 730 What Should Be Mine Is Mine
"Mr. Jiang, it is indeed as you said, and this is what I want to talk to you today," Liu Qiangxi hesitated for a while and said.

"Oh, I'm all ears".

Liu Qiangxi didn't speak thoroughly, and Jiang Hui naturally wouldn't ask if Jingxi Mall needed a capital increase from Guanghui Group.

"Mr. Jiang, as the second largest shareholder of Jingxi Mall, you are the clearest about the company's prospects. Oh, forget it, let me just say it. I hope Guanghui Group can continue to increase capital in Jingxi Mall," Liu Qiang West said.

According to Liu Qiangxi's idea, he does not want Guanghui Group to continue to increase capital, but hopes to introduce other investors to enter.

Because if other investors are introduced, the shares of Liu Qiangxi and Guanghui Group will be diluted simultaneously, and he is still the major shareholder of the company.

But if the funds are introduced from the Guanghui Group, it will become the major shareholder of Jingxi Mall.

As a person with a strong desire for control, Liu Qiangxi does not want the company he built to lose control.

However, Liu Qiangxilu contacted several venture capitals one after another, but none of them were willing to invest.

The current valuation of Jingxi Mall is much better than in the previous life.Originally, Jingxi’s highest valuation at this time was only [-] million U.S. dollars, and it fell all the way during the financing process.

However, in this life, with the early intervention of Guanghui Group, the current valuation of Jingxi has already exceeded [-] million US dollars.

According to Liu Qiangxi's idea, at least at a valuation of [-] million US dollars, he must obtain [-] million US dollars of funds.

However, after thinking about it, it is hard to get what you want when you encounter the subprime mortgage crisis, otherwise Liu Qiangxi would not bite the bullet and talk to Jiang Hui about financing.

"How much do you want Guanghui Group to increase its capital? What is the valuation based on?" Jiang Hui asked.

"At a valuation of [-] million US dollars, [-]% of the shares are sold, but only half of them have voting rights," Liu Qiangxi said.

Shares can be divided into voting shares and non-voting shares according to whether shareholders have voting rights in the operation and management of the joint stock company.

Among them, voting shares can be divided into: common voting shares, majority voting shares, restricted voting shares, and voting preference shares.

Ordinary voting shares, that is, each share has only one vote, also known as single-right shares.This type of stock conforms to the principle of equal shareholder rights, and is confirmed by the company laws of various countries, so it has a wide range of applications and a large circulation.

This is also the type of part of the shares that Jingxi Mall is going to provide to Guanghui Group this time.

Majority voting shares, that is, stocks with several voting rights per share, are also called multi-right shares.

This kind of stock is generally issued by a joint stock company to specific shareholders, such as the company's board of directors or members of the board of supervisors. foreign holders' control over domestic industries.

In this way, the minority shareholders holding the majority of voting shares may become the master of the majority of minority shareholders holding non-voting shares.

Shares with restricted voting rights, that is, stocks whose voting rights are restricted by law and the company's articles of association.After a shareholder holds a certain number of shares, the number of votes they can enjoy will be limited.The purpose of the restrictions is to prevent the minority shareholders who hold the majority of shares from using the majority of voting rights to control the company's operations, so as to protect the rights and interests of many minority shareholders.

Generally speaking, if the company issues shares to raise funds, the proportion of shares held by the original shareholders will decrease, and the equity will be diluted.

When the company is threatened by mergers and acquisitions, the original shareholders' control over the company will be weakened.

Therefore, in order to raise the necessary funds and prevent being acquired by other companies, some companies issue shares with restricted voting rights.This stock pays a higher dividend than common stock, but has little or no voting rights.

"Mr. Liu, this is not the first time you and I have met, so I just said it directly." Jiang Hui said, "I think no one will pay attention to your condition in the venture capital circle. Naturally, I will not be taken advantage of by you." ".

"Mr. Jiang, what do you think should be done?" Liu Qiangxi said.

"If you only agree that half of the financing shares have voting rights, then I can only give a valuation based on [-] million U.S. dollars, but if all the shares have voting rights, then the valuation of [-] million U.S. dollars is not negotiable." Jiang Hui said.

"Mr. Jiang, do you accept the valuation of [-] million US dollars?" Liu Qiangxi said.

"With a valuation of US$[-] million, Jingxi Mall must sell half of its shares in this round of financing. However, I promise not to make any adjustments to the company's management within two years," Jiang Hui said.

"If half of the shares are sold, the major shareholder will become Guanghui Group, but my idea of ​​self-owned logistics can be realized, which makes people tangled," Liu Qiangxi thought in his heart.

To some extent, everyone wants to control something or someone else.Usually, people who have a strong sense of insecurity in their hearts also have a stronger desire to control, and those who are cautious, pursue perfection, and are always insecure in their hearts want to control others more.

It is difficult for Liu Qiangxi to accept the loss of control of Jingxi Mall, but Liu Qiangxi does not want to give up the opportunity to realize his own logistics.

For a while, Liu Qiangxi was tangled.

"Mr. Jiang, you also know that I have put all my energy into Jingxi Mall these years. If I sell [-]% of the shares at one time, after dilution, I will only have less than [-]% of the shares in my hand," Liu Qiangxi said. .

"Mr. Liu, the terms I offer are kind or not. You have contacted so many venture capitalists, you should know the value of Jingxi Mall in their eyes. Besides, the cake is only valuable if it is big. If it is only small One piece, even if you eat it all by yourself, what's the point?" Jiang Hui said.

"Mr. Jiang, for [-]% of the shares in this financing, I can only accept half of the shares to have voting rights at most, and I ask myself to have another veto right in the company's major issues," Liu Qiangxi said.

"One veto right? Yes," Jiang Hui said.

Jiang Hui still has confidence in Liu Qiangxi's ability, and Jiang Hui has no plan to manage Jingxi Mall in detail. With that energy, Guanghui Group still has many companies worthy of attention.

So when Liu Qiangxi thought for a while and said he hoped to have a veto, Jiang Hui agreed without thinking.

What Jiang Hui wants is to control Jingxi and enjoy the dividends of Jingxi's rapid development. As for who will lead it to take off quickly, it doesn't matter.

"Mr. Jiang, please take care of me after we have a happy cooperation," Liu Qiangxi stood up and stretched out his hand and said.

The big boss negotiated the direction, and the details were handed over to the staff of Guanghui Group and the legal department of Jingxi Mall.

So far, the territory layout of Guanghui Group has basically been perfected.

(End of this chapter)