Chapter 836: Officially declare Yang Chen's victory

Chapter 836 Officially Declaring Yang Chen's Victory

To be honest, if you lose control, it is definitely the wisest choice for Zhang Yiming to be completely out.

However, the problem is that Yang Chen only wants to control Douyin, and does not want to buy it completely.

In the future, as long as Yang Chen has the final say, he doesn't care about who the other shareholders are.

Even if Zhang Yiming wanted to sell his equity and get out of the game completely, Yang Chen would not accept his equity, he could only sell it to others.

However, Yang Chen has raised the valuation to 200 billion meters of gold, and one investor from all over the world counts one, and no one will take over Zhang Yiming's equity at this price.

According to the performance of Kuaishou after its listing, the reasonable valuation of Douyin should be around 50 billion meters.

Investors can calculate the equity value based on this valuation at most, and it is impossible to calculate the equity value according to 150 billion meters of gold, or even 200 billion meters of gold.

However, other shareholders have sold 150 billion meters of gold, or even 200 billion meters of gold, so Zhang Yiming can't be willing to sell his equity for 50 billion meters of gold.

Therefore, after Zhang Yiming thought about it carefully, he still felt that he couldn't get out of the game, and he had to compensate Yang Chen for the liquidated damages and get back the shares sold by his eldest brother and second brother.

The price of doing this is that Zhang Yiming himself has to free up 12 billion meters of gold to supply Yang Chen, so that it is possible to cancel the equity transfer agreement signed by the eldest brother and the second brother.

but!

This is only possible.

Because Yang Chen took into account that Zhang Yiming was desperate when formulating the equity transfer agreement, he was likely to make a final struggle.

Therefore, there is a clause in the agreement. If Party B wants to breach the contract and exchange for equity, Party A has the right to decide whether to agree or not according to its own situation, and Party A has the right to interpret it.

Party A is Yang Chen, and Party B is Zhang Yiguang and Zhang Yiliang.

Therefore, as long as Yang Chen is unwilling to return the equity, even if Zhang Yiming is willing to pay 12 billion meters of gold, he will not be able to do so.

Zhang Yiming spent two days recuperating in the hospital and thought for two days.

In the end, he still dialed Yang Chen's number.

Soon, the call was connected.

Yang Chen smiled and asked, "Why did Zhang Dong remember to call me? Do you have any advice?"

Zhang Yiming laughed and said, "Director Yang is really proud of himself. He speaks with a sense of superiority."

Yang Chen replied without showing weakness: "Dong Zhang, is this psychological distortion? I speak normally, why do you think I am showing a sense of superiority?"

Zhang Yiming: "Haha... You won, everything you say is right. I'm calling you today to bring you a happy event."

Yang Chen: "Oh? What's the big happy event?"

Zhang Yiming: "Aren't you going to buy Douyin? It's like buying Twitter like Musk. I'm selling all my shares to you at a cheaper price. Isn't this a happy event?"

Yang Chen: "Dong Zhang may have misunderstood, I didn't learn anything from Musk. The only reason why I bought Douyin's equity is that I don't want to limit the flow of videos in the future. To be honest, I personally don't like Douyin. Yin has no interest. I am not even interested in the so-called big data that peeks into the privacy of residents. Therefore, Zhang Dong obviously misunderstood why I bought Douyin’s equity.”

Zhang Yiming was so stunned that he spent tens of billions of meters to buy equity just so that his Douyin would not be restricted in the future?

He is crazy!

"Dong Yang, how credible do you think what you said? You spent more than 70 billion meters in gold just so that your Douyin won't be restricted again in the future? Who would you tell me, and who would believe it?" Zhang Yiming smiled wryly road.

Yang Chen chuckled and said, "It doesn't matter if you believe it or not, this is my true opinion anyway. So, thanks to Director Zhang for your kindness, I don't need your equity."

If he did this, Zhang Yiming would be embarrassed.

If Yang Chen didn't buy his equity, he would have to sell it to his investors at a low price, wouldn't that mean he lost a lot of money?

Zhang Yiming still refused to give up this idea, so he said to Yang Chen: "Director Yang better buy my equity. Otherwise, I will pay liquidated damages and let my two brothers take back the equity. At that time, I was still a major shareholder. You spent so much money to acquire 49% of the equity, but you can't control it. Isn't this money wasted?"

Yang Chen laughed and said, "I suggest Zhang Dong to take a good look at the transfer agreement in the hands of your two brothers. If you want to break the contract, you must agree to it. It's not that you can break the contract if you want to, understand?"

Zhang Yiming was stunned for a moment, and then smiled bitterly: "It seems that you have already thought about everything, and you have calculated every step."

Yang Chen: "I am rich, not sick. After spending so much money, of course I have to plan every step. I have my own goals, and now that the goals are achieved, I don't need to acquire any excess equity. However, Don't worry, everything on Douyin is business as usual. You are still the CEO, but you need to discuss with me about any major decisions in the future. And that Zhang Nansheng, fire him immediately. As CEO, what should anyone say? If he doesn't know the words, he is not fit to be the CEO."

Zhang Yiming was silent for a while, then said: "Okay, you have more money, you have the final say. I will remove Zhang Nansheng now. Do you have a target candidate for the position of CEO?"

Yang Chen: "No, you decide. I said just now, it's business as usual, you have the final say. But the major decisions of the company that require major shareholders to make up their minds must be reviewed by me. Otherwise, any decision will be invalid. You must bear all the consequences of this."

Zhang Yiming: "Understood. Let's say that first. Call me if you have anything."

Yang Chen smiled and hung up the phone.

Zhang Yiming's mood is very complicated, Yang Chen doesn't want his equity, he can only sell it to others at a low price now.

But if he sells it to others at a low price, even if he wants to, it is not necessarily that someone dares to take over.

The capital circle must already know about Yang Chen's holding of Douyin. Now whoever takes over must get along with Yang Chen, who is a ruthless person. People with insufficient self-confidence don't dare to get along with Yang Chen.

However, you have to try it to know if it will work.

Zhang Yiming replaced the CEO according to Yang Chen's request, while secretly looking for an investment institution to take over his equity.

In the morning, Douyin's official Weibo and Douyin accounts made a new announcement.

"After careful research at the company's shareholders meeting and the board of directors, it is now decided to revoke the CEO position of Mr. Zhang Nansheng, and temporarily let Mr. Zhang Yiming take the position of CEO. After finding a suitable candidate, Mr. Zhang Yiming will give up the position of CEO. Thank you Mr. Zhang Nansheng for his contribution to the company since he took over as CEO, and we will see you again.”

Hundreds of millions of netizens flooded in again to leave comments.

"Brilliant, this announcement declares Boss Yang's victory!"

"Capital is ultimately defeated in the hands of more powerful capital."

"This can be regarded as a classic case in economics. A phone call from Zhang Nansheng caused him to lose his position as CEO, and at the same time, Zhang Yiming lost his position as a major shareholder."

"This incident fully demonstrates the truth that the world can't solve problems without money. If there is, it must be that you don't have enough money."

(End of this chapter)