Vol 2 Chapter 28: 5% of the shares to blame

Chapter 28. 5% of the shares caused trouble

Xia Qianhe came to Chu City this time for two reasons. The first is to retaliate, to retaliate for the loss of a front tooth by Lin Feng; the second is the real purpose of this trip, to acquire Lin Feng's 5% of Tengx.com shares. The second point is the premise that everything has been completed.

Xia Qianhe’s mother’s company is the world-famous imh consortium, and has taken a fancy to the future development prospects of Tengx.com, and believes that it will become China’s "America Online". (At this time, Google has not yet let most people see its prospects, it is just a very small company.)

On January 10th of the beginning of the year, AOL and Time Warner announced their merger to form "AOL-Time Warner," which shocked the world. This merger made the two companies the seventh largest in the world with annual sales of more than 30 billion US dollars. Company, and the value of the new company after the merger is as high as 350 billion U.S. dollars, which is equivalent to the combined gross national product of Mexico and Pakistan.

Naturally, the imh consortium of Xia Qianhe’s mother did not have the financial resources and courage to annex giants like "AOL", but the rise of Tengx.com in China gave imh an opportunity, especially after Tengx.com launched a membership system and joined forces with mobile networks. , The market outlook is more promising.

This time coincided with one of Tencent.com’s original shareholders, Hong Kong Pacific Century Digital, due to debt problems, sold its 20% stake in Tencent Holdings to the imh consortium of Xia Qianhe’s mother for $25 million, and the imh consortium. It is also approaching idg, another major shareholder, and is preparing to acquire 20% of its shares at a price of US$25-30 million.

Although Ma Huateng and other entrepreneurial groups have recently launched a membership system and joined forces with China Mobile, they have already begun to make profits. However, due to the need to bear the server expenditures of Linfeng Dingdong and ter-strike (counter-strike), the financial situation has deteriorated again recently. This also stems from Ma Huateng’s underestimation of the development of Dingdang.com. He did not expect that in a short period of time, it would become the second largest online trading network after Yix.com, which immediately stretched the originally slightly wealthy server unit.

Under the constraints of the contract, in order to continue to develop, Ma Huateng had to raise funds again. At this time imh proposed to acquire 10% of Tencent.com for US$20 million. However, he was rejected by Ma Huateng. Ma Huateng was only willing to sell 5% of the shares at a price of 4 million US dollars at most.

Although this ratio makes the imh consortium unsatisfied, but counting Lin Feng's 5% of the shares, it is enough for imh to own 50% of Tengx.com, which is equal to the original creative team such as Ma Huateng. As for the company's management rights, it can be won in the future.

Therefore, Xia Qianhe’s mother told Xia Qianhe to give up the private grievances with Lin Feng and purchase 5% of Lin Feng’s shares for US$5 million. It does not even matter if the price is higher. In short, Xia Qianhe must take Lin Feng’s hand. 5% of Tengx Network shares.

Unexpectedly, Xia Qianhe was beaten by Lin Feng and lacked a front tooth, and there was a trace of flaws in the original perfect handsome face, which made Xia Qianhe feel angry. Now that he was asked to purchase Lin Feng's 5% of Tengx.com shares in a cooperative or even pleading manner, Xia Qianhe really couldn't show his face.

So Xia Qianhe decided to attack all Lin Feng's industries first, and when Lin Feng fell into desperation, he appeared as the savior and offered to buy 5% of Lin Feng's shares to save him. This not only satisfies Xia Qianhe's pride, but also completes his mother's plan, which is the best of both worlds.

The so-called "game" before was just a joke, and it was Xia Qianhe who gave him a way out. In case the sniper fails (of course, Xia Qianhe never thinks that he will fail), he can also make a purchase as a friend. And when he came forward to help Lin Feng get his business license back, he was afraid that Lin Feng would be hindered by the industry and would not develop the industry in angrily, but only develop the network industry. It would be difficult for Xia Qianhe to attack the Linfeng industry. Once there was an industry, Xia Qianhe had too many ways to make Lin Feng sink deeper and deeper in the middle, until his debts became high and he had to sell all the shares on hand.

Unexpectedly, Xia Qianhe’s sniping plan was cracked by Lin Feng as soon as it was implemented. Instead, Lin Feng made his 520 novel fast-food restaurant quickly gain popularity and became a household name in the country and a "red" enterprise that promoted the national economy. This made Xia Qianhe particularly angry. This method of his own, on the contrary, became Lin Feng, which made Xia Qianhe not angry.

Although Xia Qianhe is a dude, he also understands that the smoother Lin Feng's career is, the more difficult it will be to acquire 5% of Tengx.com shares in his hand. At the beginning, he was able to "steal" 5% of shares from Ma Huateng, which proved that he was optimistic about Tengx.com. If Lin Feng is not short of money, Xia Qianhe will not succeed in the acquisition.

"Master Xia, why don't you do this..." A middle-aged man with pale skin and fearful eyes put his ear to Xia Qianhe's ear.

"Haha, yes, this method is feasible." Xia Qianhe snapped his fingers and ordered the person to proceed immediately.

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The next day, shortly after Lin Feng’s 520 Novel Fast Food Restaurant opened for business, the five branches and flagship stores were inspected by the Chu City Health Department, saying that the edible oil used in the 520 Novel Fast Food Restaurant’s fried chicken contained carcinogens, and Repeated use of frying oil is a violation of regulations.

Lin Feng chuckled when he received the news. As early as when Lin Feng borrowed McDonald's to take office, he noticed the problem of cooking oil used for fried chicken. At that time, it was ordered that the fried chicken oil used in all branches can only be used once, and after that, it is never allowed to be used again, and no one is allowed to take advantage of it. As for the waste oil after fried chicken was used, Lin Feng had contacted a factory long ago and used it as fuel.

Although this is wasteful, it is sufficient insurance. Chinese companies are often treated unfairly by certain domestic law enforcement agencies, but foreign companies can enjoy various preferential treatments, which makes Lin Feng have to be cautious.

"Check it, let them check it. But we can't just check it. McDonald's and KFC won't check it!" Anyway, he has offended McDonald's and KFC, and Lin Feng is not afraid to offend one more time.

"Mr. Lin, last time I used the topic to promote the company. Is it not wise enough to provoke two Fortune 500 companies this time?" Liu Yingying had to remind Lin Feng that this was definitely playing with fire. It can be said before that McDonald's and KFC were dismissive of Lin Feng's pocket fast food restaurant, which was only five branches, but repeatedly provoked. The two giants showed a little bit of hideous teeth, and Lin Feng's bones would be lost.

Lin Feng knew Liu Yingying's worries, but Lin Feng also had his own plans. Starting from scratch, and becoming popular too quickly, this is a big taboo in China where seniority is important. Sooner or later, it will arouse dissatisfaction from all kinds of characters. Instead of getting caught up in the open and secret treatment of all forces, it is better to put your own attitude towards the enemy now: I am a lunatic, if you punch me, I will pay you back. Punch. Even if I can't beat you, I will bite you.

Let those who want to suppress themselves think twice before doing it, whether it is cost-effective. As for the revenge that caused McDonald's and KFC, Lin Feng was really not afraid. Of course, it is more about the mentality that the newborn calves are not afraid of tigers, but Lin Feng really can't think of how McDonald's and KFC can suppress himself except for lowering prices. The largest storefront of all of its branches is no more than 20 square meters, and its labor and store rents are far lower than McDonald's and KFC, which are dominated by Golden Street. Lin Feng is really not afraid of price cuts.

Lin Feng rushed to the flagship store immediately.

"Oh, I didn't expect Director Zhao to lead the team personally. I don't know what's the point of my small fast food restaurant?" Lin Feng teased.

"Boss Lin, you came just right. We received news that the cooking oil used for fried chicken in your fast food restaurant contains carcinogens, and repeated use of fried oil violates the Food Safety Law of the People's Republic of China. Please also cooperate and let us proceed. Check." Director Zhao said coldly.

"Director Zhao, inspection is not impossible, but why only inspect our 520 novel fast food restaurant, why not inspect the McDonald's and KFC on the opposite side? Isn't everyone a fast food restaurant, shouldn't they all be inspected?" Lin Feng is neither overbearing nor inferior. Say.

Customers who had come to eat four weeks ago suddenly made a fuss. Originally, McDonald's and KFC have never seen an inspection. The fast food restaurant opened by the Chinese, you come to inspect it as soon as it opens. Is this bullying the Chinese?

Director Zhao frowned. When he was dealing with Lin Feng before, Lin Feng had humble and flattering face, but now he is a little man of ambition, and he doesn't look at himself as Director.

Lin Feng knew what he was thinking when he saw Director Zhao's face. It's true that Lin Feng did not ask Director Zhao less for business such as barbecue restaurants, and hit a lot of nails. But now the 520 novel fast food restaurant is promoting the national economy and developing independent national brands. It has won the appreciation of the mayor of Chu City, Yu Haowei. He has spoken many times at the city’s executive meeting and must strongly support the entrepreneurs who start their own businesses in Chu City (through Meng Dong learned).

Lin Feng is naturally full of confidence now. As long as he did not violate the rules and Mayor Yu Haowei was behind him, Lin Feng would not be afraid of these people forcing him to force him, just like he had forcibly banned his business license before.

Director Zhao had a sullen face, but Lin Feng refused to check, and he couldn't rush into it. Moreover, there are many guests eating now, and he does not dare to act too drastically, it will not benefit him at all. If he is promoted by people saying that he is admiring foreigners and helping foreign fast-food restaurants suppress independent fast-food restaurants, his political career will come to an end. Especially now that Chinese people pay more attention to this 520 novel fast food restaurant, he must be careful and careful in every move.

"Okay, when I finish checking your fast food restaurant, I will check McDonald's and KFC." Director Zhao finally had to compromise.