After calming down, Zhao Chen dialed Wang An's phone number.
"Hello, who's there?" There was a young man's voice on the other end of the phone, with a bit of a Beijing accent. He spoke slowly but steadily.
Zhao Chen pressed speakerphone, and both Su Wantang and Chen Xi became quiet.
"Hello Wang Zong, I am Zhao Chen from Henglong Group."
There was silence on the other end of the phone for a second.
"Zhao Chen?" There was obvious surprise in Wang An's voice, "Chairman Zhao of Henglong?"
Zhao Chen smiled, "It's me."
Wang An was silent for a moment, as if digesting this information.
Of course he has heard of the name Zhao Chen - the youngest actual controller of Listed Company born in 1995, Henglong Group Chairman, recently acquired 20% of the shares of Dian Group, Financial News is also included.
"Chairman Zhao," Wang An said, his tone regaining his composure, "What do you want from me?"
Zhao Chen did not beat around the bush. "Wang Zong, I heard that Bubble Mary is raising funds. I want to invest."
There was silence on the other end of the phone for another two seconds.
"Chairman Zhao is really well informed."
Wang Ning said, with a hint of helplessness in his tone,
"But you are late. We have already negotiated with Ningxia Huaqiang, with a valuation of 800 million and a financing of 40 million. We will open Board of Directors for confirmation this afternoon."
Zhao Chen did not hesitate. "Wang Zong, what if Henglong offers a valuation of 1 billion?"
There was silence on the other end of the phone.
Wang An said nothing, but Zhao Chen could feel that he was digesting this number.
"With a valuation of 1 billion, 50 million accounts for 5%."
Zhao Chen continued, "It is 25% higher than Ningxia Huaqiang's quotation. You don't need Due Diligence, you can sign the contract today."
Wang An finally spoke, his voice slower than before. "Chairman Zhao, you don't even do any due diligence?"
Zhao Chen said, "No need. I believe you."
When these words were spoken, even Chen Xi was stunned for a moment.
Su Wantang looked at Zhao Chen's profile and said nothing.
Wang An was silent for a long time. Zhao Chen could hear the breathing on the other end of the phone, as if he was thinking seriously.
"Chairman Zhao," Wang An finally spoke, "Why are you so optimistic about Bubble Mary?"
Zhao Chen leaned back in the chair. "Because I understand what you are doing."
Wang An said nothing, waiting for him to continue.
Zhao Chen said, "What you make is not toys, it's emotions.
It is companionship, self-pleasure, and something that young people are willing to pay for for emotional value.
This track has just begun."
There was silence on the other end of the phone for a few seconds.
Wang An's voice was a little lower. "Chairman Zhao, you are right. But - I still can't promise you."
Zhao Chen frowned.
Wang An said, "We have been talking with Ningxia Huaqiang for a long time and the agreement framework has been finalized. It is not appropriate to change people at this time."
Zhao Chen was not in a hurry. He waited and then said, "Wang Zong, what if I give up Voting Rights?"
Wang Ning was stunned for a moment. "What?"
Zhao Chen said, "The money I invested, I don't want Voting Rights. I don't send financial personnel, don't interfere in the operation, I don't want Board of Directors Seat. Pure Financial Investment."
There was complete silence on the other end of the phone.
Su Wantang looked at Zhao Chen, and Chen Xi looked at him. They all knew the weight of this sentence.
Giving up Voting Rights is equivalent to handing over 50 million to a person you just met and completely trusted.
This is almost unimaginable in the capital market.
Wang An was silent for a while, and his voice was a little astringent. "Chairman Zhao, are you serious?"
Zhao Chen said, "Seriously. You should have heard about Yunnan Agriculture Group.
I invested 390 million, took 20% of the shares, and gave up all Voting Rights."
Wang An did not answer immediately.
Zhao Chen can feel that his heart is moving.
Not for the 25% premium, but for the trust.
"Chairman Zhao," Wang An's voice was a little hoarse, "I heard about Yunnan Agriculture, and I was very envious of Mr. Cheng at the time. I didn't expect--"
He paused and did not finish speaking.
Zhao Chen said, "Wang Zong, your Board of Directors this afternoon, can you postpone it first?"
Wang Ning hesitated for a moment. "This... I have to discuss it with the shareholders."
Zhao Chen said, "Yes. But I hope you won't make a decision until I get to Beijing."
"Are you coming Beijing?"
Zhao Chen said, "We have a flight tomorrow morning. Let's chat in person."
Wang Ning was silent for a few seconds. "Okay. I'll discuss it with the shareholders and get back to you later."
Zhao Chen said, "Okay. I'll wait for news from Wang Zong."
The phone hangs up.
Wang An After hanging up the phone, he returned to the office.
At this time, Meeting Room was already full of people.
Sitting in his office were Finance Director, Operations Director, the person in charge of legal affairs, and two Existing Shares Dongs who had been investors since the angel round.
"Wang Zong, whose phone number is it?" Finance Director asked.
Wang An put the phone on the table and leaned on the back of the chair. "Zhao Chen from Henglong Group."
Meeting Room was quiet for a second. This name has appeared too frequently on Financial News lately--
The youngest actual controller of Listed Company born in 1995, Henglong Group Chairman, just acquired 20% shares of Yunnan Agriculture Group.
Operations Director was the first to react. "What is he looking for you for?"
Wang An said, "He wants to invest in us."
Several people looked at each other.
Finance Director frowned. "Isn't he in real estate? Why is he suddenly interested in Designer Toys?"
Wang An shook his head. "I don't know. But he made a price."
Everyone was waiting for him to continue.
Wang An looked at them. "1 billion valuation. 50 million, accounting for 5%. If you don't need Due Diligence, you can sign the contract today."
Meeting Room was quiet for three seconds.
Finance Director opened his mouth, but no words came out.
Operations Director stood up directly:
"One billion? Ningxia Huaqiang only gave 800 million!" Existing Shares Dong Old Zhou The tea cup in his hand stopped in mid-air and did not put it down for a long time.
The person in charge of legal affairs asked in a low voice, "What about Ningxia Huaqiang?"
Wang An did not answer.
He paused and said again, "He also said that you can give up Voting Rights."
This time, no one spoke.
Give up Voting Rights--Everyone here understands the weight of these four words.
Investors invest money and do not occupy Board of Directors Seat, do not assign financial personnel, and do not interfere with operations. This is almost unimaginable in the capital market.
Old Zhou put down the tea cup, his voice a little harsh. "What is he trying to do?"
Wang An thought for a while, "He believes in this track. He said that he understands what Bubble Mary is doing."
Operations Director frowned:
"Wang Zong, is there any problem with this?
A real estate developer suddenly came to us and said that he wanted to invest in us at a premium of 25%. He did not do any due diligence and even gave up Voting Rights--
How can there be such a good thing in the world?"
Finance Director also nodded. "I feel something is wrong too. Does he have other motives?"
Wang An leaned back in his chair and did not answer immediately.
He remembered what Zhao Chen said on the phone just now - "Because I understand what you are doing. What you are doing is not a toy, it is emotion."
It's companionship, it's pleasure. This track has just begun."
He suddenly said, "Do you still remember what happened with Yunnan Agriculture Group?"
Meeting Room was quiet for a while.
Old Zhou thought for a while, "Is it the pig farming company that Henglong just invested in?"
Wang An nodded. "Zhao Chen invested 390 million, took 20% of the shares, and gave up all Voting Rights.
I only asked for one Board of Directors Seat and sent a financial officer Deputy Director."
Several people stopped talking.
Old Zhou was silent for a long time and lowered his voice a little. "This person... I really can't understand"
Finance Director is still a little worried:
"Wang Zong, Ningxia Huaqiang We have been talking for so long and the agreement has been finalized.
Isn't it appropriate to change someone now? It won't sound good if word spreads."
Operations Director also nodded:
"Furthermore, Huaqiang is Industrial Capital. After investing, it can provide us with connection channels. Henglong is engaged in real estate, what can it give us?"
Wang An thought for a while and then said:
"Huaqiang gives a valuation of 800 million, and Henglong gives a valuation of 1 billion.
Huaqiang wants to enter Board of Directors, Henglong gives up Voting Rights.
You guys do the math, which one is more cost-effective?"
Finance Director went over the numbers in his mind and said nothing.
Old Zhou spoke first, "From the perspective of shareholders, a valuation of 1 billion is certainly better.
At a premium of 25%, our shares are worth more.
Moreover, he gave up Voting Rights, and the company's Control is still in our hands."
He looked at Wang An: "What do you think?"
Wang An stood up and walked to the window.
Outside the window is the Wangjing gray sky, just like the year when he first started his business.
At that time, he was in a small office, facing a blank wall, thinking about how to sell toys to adults.
Everyone said he was crazy.
Now, there is a person crazier than him, who is willing to believe him with real gold Silver.
He turned around and looked at the people in Meeting Room: "He will fly over tomorrow for a face-to-face interview."
Finance Director frowned. "What about Ningxia Huaqiang?"
Wang An said, "Postpone it first."
Several people looked at each other.
Old Zhou said, "I agree. Such good conditions are worth waiting for a day."
Operations Director thought for a while, "I agree too. Anyway, it's just one day, Huaqiang won't say anything."
Finance Director hesitated for a moment and nodded. "Then postpone it first."
Wang An picked up the phone and sent a message to Zhao Chen: "Chairman Zhao, we have discussed it with the shareholders. Board of Directors will postpone it for now. I will wait for you tomorrow."
Send.
He put down his phone and looked out the window. Tomorrow, he would meet someone who dared to invest in him at a 25% premium and who dared to give up Voting Rights.
He was suddenly looking forward to it.