Super quality mind

Chapter 555 Attacking the Furniture Store

Chapter 555 Attacking the Furniture Store (seeking Tickets)
Wu Tianlin learned that the other party had signed a contract with Wufang Group, and returned to Shanghai in a state of embarrassment.Before coming here, he boasted that he would definitely succeed, but unexpectedly lost to Shi Lei, a young man he had always looked down upon.

The bad news didn't stop there, the Wufang Group actually started to buy shares of Easyhome.

Actually Home is the second largest home furnishing store in China, with a total of more than 30 shareholders, all controlled by state-owned enterprises.Dachanghang, the capital city, is also one of the shareholders of Easyhome, which plays a vital role in their furniture agency.

When DCH talked about furniture agency contracts, it always emphasized that we have direct sales channels, and we are still the second largest home furnishing store in China, and in the process of expansion, you don’t have to worry about sales channels when you entrust us with furniture and other things.

Relying on this, DCH became the leader in the domestic furniture agency industry, and has remained so until now.Although DCH is only a small shareholder in the Easy Home, and even their boss has not been able to join the board of directors of the Easy Home, they are still very influential. The managers of many of the stores are on good terms with the people of DCH relation.

Now that Wufang Group has suddenly acquired the shares in the hands of a shareholder of Easyhome, it is clear what it intends to do.

"Old Wu, didn't you say that Wufang Group doesn't have much interest in furniture agency? This investment is relatively large, the payback period is uncertain, and it may lose money. Why is Fang Yanhong now buying shares of Easyhome?"

"I don't know about this either. At least before I left, Wufang Group had absolutely no proposal to acquire the shares of Easyhome. It must have just been decided."

"Just after the decision was made, they started it? The speed is very fast. I don't think there was no such proposal, but you didn't know it at the time." Vice President Jia Hongtao said eccentrically.

In the past, Jia Hongtao was the most powerful vice president of DCH, and he was also a shareholder of the company.But since Wu Tianlin came, the shares of the two brothers of the Wu family exceeded 20.00%. The big boss didn't know what was going on, but he was deceived by Wu Tianlin's rhetoric and continued to expand Wu Tianlin's power, which had already aroused his dissatisfaction.

Wu Tianlin immediately retorted: "Even if I don't know, it's nothing. At least the understanding of Wufang Group is not as good as that of all the people here. I am familiar with all the executives of Wufang Group. You don’t know the means. What is the biggest goal of our company now? It is to defeat the Wufang Group and become the leader in the domestic industry.”

Jia Hongtao remained silent. What Wu Tianlin said was true, but he just couldn't understand Wu Tianlin's domineering manner. We are all shareholders and vice presidents. Why do you always let us listen to you?If you are really capable, why don't you work in the Wufang Group and come to our DCH?

……

Fang Yanhong and Shi Lei were sitting on the sofa in the boss's office, with a cup of tea in front of them.

"Mr. Fang, you said that Red Star's acquisition of Weibang will fail? Let us step in and take the opportunity to acquire Weibang. Is there any basis for it?"

Red Star is a giant in the domestic furniture industry, a well-deserved leader.Every year, the profit is the second largest, and the word of mouth has always been very good. Just from the fact that the number of stores of Red Star is twice that of the second place, You can see how powerful Red Star is.

Moreover, many stores in Unexpected Home are leased, but Red Star not only involves furniture, but also involves real estate. Most of their current stores are self-built, and they are all carved out of the same mold.Now those stores alone have appreciated several times, even ten times, dozens of times.

Red Star is definitely not short of money. Several years ago, it proposed to acquire Well Born.At that time, due to the crazy investment in branch stores, the funds were insufficient, and it was said that they lost tens of millions of liquidated damages.This time Red Star made a comeback and was affirmed by the boss of Wei Bang. How could it still fail?

"Mr. Zhao, we have received news that the chairman of Red Star wants to acquire Weibang, but another major shareholder disagrees. The major shareholder believes that Weibang only has six stores. Although the brand is acceptable, the main It is a mid-to-high-end home furnishing business, but after all, the market share is too small, and it is not worth more than 20 billion at all, which is seriously inflated."

Although the other major shareholder cannot prevent Red Star's decision, it can give the Red Star CEO a little financial hindrance.This has to make the chairman of Red Star worry about whether he will pay liquidated damages like last time, but get nothing.

In fact, the last time when Red Star defaulted on the contract, it was also the time when Easyhome wanted to acquire Weibang, but at that time Redstar promised to keep the Weibang brand, but Easyhome didn’t want to keep this brand.Because of this conflict of ideas and the fact that Red Star had paid the deposit first, the home of unexpectedly failed.

This time I heard that Red Star has prepared money again, but actually the family did not participate. It should not be fake, right?
"Even if what you said is true, but Red Star heard that the agreement has been signed and a deposit is ready. Once the financial work is handed over, this Weibang will belong to Red Star. How can we have a chance?"

"But what if we can make Red Star unable to pay the money? As long as Red Star defaults, I don't think the boss of Well Born will think about cooperating with them for the third time. And the boss of Well Born has already planned to get out and do other industries. I heard that his health is getting worse day by day." Shi Lei said.

"You know that too?" Mr. Zhao looked at Shi Lei suspiciously, don't open your mouth to talk nonsense.

"Although Mr. Zhou Wenlong and I don't know each other, we are classmates with Mr. Zhou's son. Mr. Zhou's physical condition and thoughts are all told by this classmate to me. Mr. Zhou is just such a son. Shouldn't the business be left to him? I want to have a good talk with Mr. Zhou through his son, there is still a great chance." Shi Lei said with a smile.

Mr. Zhao's eyes lit up: "If you can really do it, then you will make a great contribution to the family. What do you want?"

Shi Lei and Fang Yanhong looked at each other with a smile, and said in unison: "We want the shares of Real Home!"

"Impossible. Although I represent the major shareholder, I will never sell the shares of the home to you." President Zhao flatly refused.

"Mr. Zhao, you have misunderstood. I am not going to buy the shares of Easyhome from your company. Are there other shareholders? I need Mr. Zhao's introduction. After all, I am not familiar with many people." Fang Yanhong said with a smile .

"That's it." Mr. Zhao nodded, "If it's for you to introduce other shareholders, that's absolutely fine. In fact, I've known for a long time that some shareholders don't care about the shares of Easyhome. Together, it is not a small number."

"Then, Mr. Zhao, let's go get busy." Fang Yanhong stood up, and Shi Lei also stood up.

"Okay, waiting for your good news. This time Red Star's offer is 22 billion, and we will keep the Weibang brand. If you can persuade Weibang to give up the brand, then we can get an extra [-] million."

Leaving Mr. Zhao, Shi Lei made a phone call: "Tianqi, where are you? I helped you find a new buyer."

In fact, Zhou Tianqi told Shi Lei that Red Star's acquisition of Weibang would fail.He wanted to ask Taishi International through Shi Lei if he was interested in acquiring Weibang.

But Shi Lei told him directly that he could help sell Weibang to Easyhome, but Weibang's brand might disappear soon, and Unexpectedly would never run two brands at the same time.

Zhou Tianqi's father is not in good health. This furniture company, which was developed by relying on his father, will inevitably come to an end without his father at the helm.

Zhou Tianqi is more interested in investing in the industry. He persuaded his father to sell the company and invest in Minsheng Investment.After repeated persuasion by Zhou Tianqi, coupled with physical reasons, Zhou Wenlong finally agreed to sell Wei Bang.As soon as he expressed his willingness, the people from Red Star jumped on him like flies smelling fishy smell, expressing their interest in Weibang again.

The two parties also started negotiations quickly, measured the price of Weibang from various aspects, and finally determined it to be 22 billion RMB to acquire all the shares of Weibang.

It's a pity that Well Born is not a listed company and its finances are not transparent enough, so when Red Star takes over, it will be very troublesome.No, Red Star found out that two of Weibang's store management companies had financial problems, so they refused to pay 22 billion in funds, and asked Weibang to return the [-] million deposit they paid, otherwise they would sue Weibang for breach of contract.

This money has already been used by Zhou Tianqi to invest in Minsheng Investment, how can it be returned to Red Star?So Zhou Tianqi wanted to ask Shi Lei for help, and asked Taishi International to accept Weibang, and he could accept a lower price.

Zhou Wenlong already has plans to retire, so he doesn't care about these things.The problems in the company's finances were actually caused by Zhou Tianqi misappropriating a sum of money, and he was already thinking of a way to find someone to fill it up.Besides, whether there is that money or not will not affect the operation of the company, but it just happened to be caught by the people of Red Star.

A few years ago, he sued Red Star for breach of contract and received tens of millions of liquidated damages. This time, Red Star just wanted to respond to the claim, which also caused Wei Bang to lose money once.

When Weibang's financial problems really arise, they will come to buy Weibang's shares, and they may not even need 20 billion at that time.

However, there is also a problem, that is, according to the agreement, Red Star needs to pay a deposit of one billion yuan before they can start checking the accounts, but when they paid [-] million yuan, they have already checked the accounts. Weibang believes that this is the first breach of contract by Red Star .So now this matter is dragging on, no one intends to sue first, but this acquisition agreement has basically been voided.

That's why today Shi Lei dared to promise Mr. Zhao that he would be able to successfully acquire Weibang, because Zhou Tianqi had already planned to sell Weibang, and Zhou Tianqi didn't hide Weibang's situation from Shi Lei. He planned to find Shi Lei at first. With a turnover of [-] million, return it to Red Star.

Now the two hit it off, Zhou Tianqi can sell Weibang and get a large amount of cash to invest in Minsheng Investment, while Shi Lei can use this to connect with Mr. Zhao, transfer Wufang Group, and acquire the shares of Easyhome , and then suppress DCH, this is a win-win outcome.

 Uh, if you have a monthly pass, you can give the fourth one a pass.
  
 
(End of this chapter)

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