Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 247

Zhao Chen Is Out

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Hou Dejian looked at Wu Fayi and Chen Guihong in front of him:

"What do you think specifically? Tell me in detail."

Wu Fayi first said:

"To be honest, 2.07 billion real gold Silver, 20% equity, 18 times price-earnings ratio - this condition is much better than Henglong's.

Although three Board of Directors Seat are many, we can adjust the Board of Directors structure to increase the total seats.

In this way, the proportion of their three seats will not be so high."

Chen Guihong added:

"Furthermore, it is a private placement, and the money is first transferred into the company's account, not Secondary Market to buy Existing Shares.

With this money coming in, our plans - banks, Shaxian Snacks, Xiong County projects - can all be started."

She paused:

"Henglong's is 18 times higher, plus performance bets, and it's not sure when the money will be received. Comparing the two, Jiahe's conditions are indeed much more favorable."

Wu Fayi added another sentence:

"Besides, Blackstone is behind Jiahe, and the international resources are indeed stronger than Henglong. If we want to go overseas in the future, they can help."

Hou Dejian nodded:

"What about Henglong? You also saw Zhao Chen's attitude yesterday. He really wants to come in."

Wu Fayi said:

"How about calling Chairman Zhao to talk again? See if he will let go."

Hou Dejian thought for a while:

"That's fine. Let him know that Jiahe made a bid and see if he will follow."

Soon, Zhao Chen arrived at the headquarters of Eagle.

When he pushed the door open and came in, Hou Dejian was already waiting.

"Chairman Zhao, please sit down." Hou Dejian greeted.

Zhao Chen sat down opposite him:

"Mr. Hou, is there any result?"

Hou Dejian nodded:

"Chairman Zhao, to tell you the truth, Jiahe also talked about it just now. They paid 18 times."

Zhao Chen's brows moved slightly:

"18 times?"

"Yes." Hou Dejian looked at him, "30% higher than you."

Zhao Chen was silent for a few seconds.

Then he asked:

"What conditions do they want?"

Hou Dejian said:

"Three Board of Directors Seat, one financial officer will be stationed."

Zhao Chen leaned back on the chair and was silent for a long time.

Then he shook his head:

"Mr. Hou, I still insist on yesterday's conditions. 15 times, pure Financial Investment, no interference in business operations."

He paused:

"If I want to increase the price, I have to increase my performance bet. The net profit growth in the next three years will not be less than 20%. If not, the valuation will be lowered."

Hou Dejian looked at him:

"Chairman Zhao, we really can't accept this performance bet."

Zhao Chen nodded:

"I understand."

He stood up:

"Mr. Hou, you can decide for yourself. No matter what the outcome is, I respect it."

Hou Dejian also stood up:

"Chairman Zhao, we will discuss it internally and will give you an answer later."

After Zhao Chen left, Hou Dejian looked at the two people in front of him:

"Then it's decided. Jiahe."

Wu Fayi and Chen Guihong nodded at the same time.

Hou Dejian picked up the phone:

"Notify Mr. Lu and we agree."

After receiving the notification, Lu Shen appeared immediately.

At this moment, he leaned on the sofa, picked up the teacup and took a sip, unable to suppress the smile on his lips.

Hou Dejian looked at him and said with a smile:

"Mr. Lu, let's finalize the details?"

Lu Shen Put down the tea cup:

"Mr. Hou, please tell me."

Hou Dejian indicates Chen Guihong.

Chen Guihong Open the file:

"Mr. Lu, our preliminary plan is: Jiahe invests 2.07 billion, accounting for 20% of the shares of Eagle Group.

Board of Directors Seat has added three people, all nominated by Jiahe. In addition, we will accept your dispatch of a financial officer Deputy Director."

She paused:

"Do you think this proportion and conditions are acceptable?"

Lu Shen went through it quickly in his mind.

2.07 billion, 20% of the shares, corresponding to a valuation of 10.35 billion.

The price-to-earnings ratio of 18 times is similar to what he discussed before.

Board of Directors has three seats, you can arrange your own people.

Financial Deputy Director can ensure the transparency of Fund Flow.

"Okay." He said.

Hou Dejian laughed:

"Mr. Lu is very happy. It's settled then. Let the legal department draft the agreement tomorrow and sign it as soon as possible."

Lu Shen nodded.

He stood up and prepared to say goodbye.

Just then, there was a knock on the door.

Wu Fayi opened the door and came in with a complicated expression on his face:

"Mr. Hou, Chairman Zhao... is back again."

Hou Dejian was stunned for a moment:

"Chairman Zhao? Isn't he gone?"

Wu Fayi said:

"He said there were a few things he wanted to say."

Hou Dejian looked at Lu Shen.

Lu Shen smiled:

"Let him in."

When Zhao Chen opened the door and came in, the expression on his face had already adjusted.

It was no longer the unconcealable disappointment that Wu Fayi saw when he informed him, but a decent, slightly regretful smile.

He looked at Hou Dejian:

"Mr. Hou, excuse me."

Hou Dejian stood up quickly:

"Chairman Zhao Please sit down."

Zhao Chen waved his hand:

"I won't sit down anymore, just a few words."

He looked at Lu Shen and nodded:

"Mr. Lu, congratulations."

Lu Shen also nodded:

"Thank you Chairman Zhao."

Zhao Chen turned to Hou Dejian:

"Mr. Hou, although we failed to cooperate this time, I still want to say something--

Eagle is indeed a good company. I am really optimistic about your 'Eagle Pasture Fragrance' brand."

The smile on Hou Dejian's face is a little complicated:

"Chairman Zhao won the prize."

Zhao Chen continued:

"So I want to say hello to Mr. Hou."

He paused:

"After I go back, I may buy some Eagle shares from Secondary Market."

Hou Dejian was stunned for a moment:

"Secondary Market?"

Zhao Chen nodded:

"Yes. No more than 5%. It is purely Financial Investment, not seeking Board of Directors Seat, and does not interfere with business operations.

I just like you guys and want to give you a ride."

He smiled:

"Mr. Hou, don't mind."

Hou Dejian waved his hand quickly:

"What did Chairman Zhao say? Secondary Market buying and selling is your freedom, it's not too late for us to welcome you."

Zhao Chen nodded:

"That's good."

He looked at Lu Shen:

"Mr. Lu, from now on we will be shareholders of the same company.

Although you are a Strategic Investment investor and I am a retail investor, it is still fate."

Lu Shen looked at him, something complicated flashed in his eyes.

Zhao Chen What you said is perfect.

On the surface it is modesty, but in fact it is telling him: If you don't let me in, I will buy it myself.

But if it does not exceed 5%, it does not pose a threat.

This attitude of "I'm not willing to give in, but I can't help it" made the thorn of victory in his heart pierce a little deeper.

"Chairman Zhao You're welcome." He said, "We will communicate more in the future."

Zhao Chen smiled:

"Okay. Then I won't disturb you."

He turned around and walked towards the door.

When he reached the door, he paused again and looked back at Lu Shen.

In that look, there was reluctance, regret, and a hint of "you wait".

Then he opened the door and walked out.

The door closed gently behind you.

Lu Shen stood there, looking at the door, and the curvature of the corners of his mouth slowly widened.

Zhao Chen, you also have today.

You ruined my good deeds back then, and today I can take revenge.

This feeling is better than drinking a bottle of good wine.

However, he didn't know how long his joy would last.

End of Chapter
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