Chapter 774 Want to divest? then withdraw

After appointing Nie Caijun, Zhou Buqi first arranged two tasks for him.

First, clean up the finance department, and remove all financial personnel arranged by investment institutions other than Softbank and Ali.

At the beginning, Zhou Buqi thought it was a good thing that the investment organization sent some people over.

As for talents, as long as they are good enough, they will be fully accepted.

Ziweixing is doing business in an upright manner, there is nothing shameful, and anyone who wants to check the accounts can check it. In order to supervise the internal financial health and prevent moths, he even welcomes external supervision.

But after experiencing it, I know it's not the case.

This group of people is not of the same mind as Ziweixing. They always inform the capital institutions behind them, mainly referring to IDG and Jinshajiang.

To be on the safe side, it's better to clear the field.

All those who are on the wrong team are expelled. This group of people has not passed the probation period, so it is easy to solve.

IDG has been very active recently, instigating investors to collectively riot and threaten Ziwei Star with divestment. No one is sure whether there will be other investment institutions involved besides these two.

Second, check the book funds and prepare them for transfer.

Hearing this, Nie Caijun was immediately shocked, "Transfer funds?"

This is a crime!

The company's money is not personal money. Even if it is a company 100% owned by the boss, the company's funds cannot be transferred at will. This is an economic crime.

Zhou Buqi said with a smile: "We are doing legal business, not doing anything illegal!"

Nie Caijun breathed a sigh of relief, fearing that in a critical moment, Boss Zhou would do something wrong in a flash of his brain, "But transferring funds... this matter is very serious, unless there is an upright reason."

"The board of directors has decided to spend 10 billion to build two headquarters parks in the capital and Pengcheng. Among them, the investment budget for the capital area is 6 billion."

"Well……"

Nie Caijun seemed to have realized something.

Zhou Buqi looked relaxed, "You don't have to worry, let me reiterate that what we are doing is a legal business, and we will not do anything illegal or illegal. I have already contacted Oceanwide Group and will send the headquarters of the capital to The construction of the park is entrusted to them."

According to the earlier plan, Zhou Buqi wanted to build two headquarters in the capital and Magic City, entrusting Vantone and Oceanwide to contract projects respectively, both of whom are members of the Taishan Club.

Now that the plan has changed, Pengcheng started first, with the help of Vanke. The work of these two brothers will be redistributed. Oceanwide helped develop the headquarters park, and Vantone helped develop commercial residences.

Nie Caijun understood what Boss Zhou meant, and said in surprise, "You mean...we'll send the money to Oceanwide right away?"

"right."

"6 billion?"

"right!"

"Are you in a hurry?"

Nie Caijun is in too much pain, the company's cash flow is 11 billion, and the one-time expenditure is 6 billion? This handwriting is really too big, big and scary.

Moreover, this is not quite in line with the prevailing business rules.

To build a building, funds do not need to be in place all at once.

In particular, the construction of the headquarters park is a large project, and it will take at least 2 years of construction. The 6 billion funds can be remitted to the Oceanwide account in 10 installments.

Firstly, it can ensure the safety of funds, secondly, it can ensure that there will be no problems with the cash flow of the family, and thirdly,... such a large amount of funds, the bank interest alone is worth 200-300 million a year. is it?

Zhou Buqi said with a smile: "Don't worry, I've agreed. This project fund is nominally placed in Oceanwide's account, but in fact they keep it for us. Every money used must be paid by We have to approve it."

"just in case……"

"No chance!"

Zhou Buqi was very firm.

Boss Lu of Oceanwide is a native of Ludi. Taishan Beidou in the domestic real estate industry is not about the amount of wealth, but his urgency and righteousness, like Song Gongming in the rivers and lakes, Stone, Giant, Lenovo, Mengniu, New Oriental, Rong When Chuang, Fuxing, Wanda, LeTV, Vanke and other enterprises encounter crises, Oceanwide will help them behind the scenes.

Moreover, he is well connected and is a member of the Standing Committee of the Clap Club.

Such a background is trustworthy enough not to tear faces with the little brothers of the Taishan Society for a mere 6 billion.

In contrast, you still can't trust Boss Ma's side.

Regardless of the fact that Lao Ma speaks better than singing, he will unreservedly support himself, but Ziweixing and Ali are both Internet companies, and there is competition in certain fields.

Who knows if the old horse will have a twitch and suddenly turn back?

Once the old horse betrays, he joins forces with other investors and threatens to force the palace with divestment, demanding to share the power of Ziweixing... Zhou will not be killed or hurt.

The best way is to prevent problems before they happen.

Take the initiative into your own hands.

Zhou Buqi said indifferently: "According to the investment agreement, investors have no real power in the company. Except Sun Zhengyi has a directorship and Shen Nanpeng has an independent director, others have no right to be held accountable. The reason why individual investors dare to stand They came out to make trouble because they still have one last trump card."

Nie Caijun blurted out, "Divestment!"

"Yes, divestment." Zhou Buqi nodded, "This is their last resort. They want to force us to submit through the threat of divestment, so as to gain the power of Ziwei Star."

Only then did Nie Caijun understand Boss Zhou's plan, and his eyes lit up, "So... let's go ahead and spend all the money, so they can't withdraw even if they want to!"

Zhou Buqi smiled, "That's what it means."

The divestment clause in the investment agreement refers to the proportional divestment of cash flow.

it means--

If Ziwei Star has 2 billion US dollars on its books and 1.5 billion US dollars in Series A financing, if the investor withdraws the capital, the investor can withdraw the full amount of 1.5 billion US dollars, and everyone will share it proportionally, which is equivalent to no loss and no profit.

If Ziweixing has a book cash flow of 1 billion US dollars, if it withdraws capital, it can only withdraw 1 billion US dollars at most. Investors share the $1 billion proportionally, which is equivalent to a 33% loss.

The current cash flow in Ziwei Star's account is 11 billion yuan, which is not much less than 1.5 billion US dollars.

If the investment is withdrawn at this time, the investors will lose about 5%, which is acceptable, and they will withdraw if they withdraw.

This is also the reason why investors dare to make trouble and force the palace.

They can afford this investment loss, but Ziweixing cannot afford it. Taking the lesser harm from the two phases can force Zhou Buqi to submit.

Unexpectedly, Zhou Buqi had too many wild ways and was too courageous. The project of the headquarters park has just started, and the project payment of 6 billion can be transferred to Party B, so they are not afraid of people taking the money and running away.

After the funds were transferred, Ziweixing's cash flow was only 5 billion.

How can I withdraw this?

If this is withdrawn collectively, the investment institutions can only share the 5 billion, which is equivalent to a 60% loss for each! This is unbearable, I have to vomit blood!

Collective pressure from the palace, voluntary withdrawal of capital, directly ruined.

Either do not divest and stick to it, or negotiate with the board of directors for divestment.

For example, if IDG wants to withdraw its capital, it cannot withdraw its capital according to the provisions of the investment agreement, and the loss will be too serious. We can only talk and negotiate, and beg the board of directors to be merciful and give more money to buy back shares, so that their losses will be reduced.

Nie Caijun finally understood Boss Zhou's plan.

What a loss!

This is the next design investor!

is this okay?

So different!

Nie Caijun coughed lightly, and said cautiously: "Boss, for a company, the investor... is the funder, the father, and the company is the son. It is always the father who teaches the son, but I have never heard of anyone who is the son." Teach Dad a lesson."

Zhou Buqi had a strange look on his face, "Isn't there? Those who are masters are teachers. Why should my son listen to Lao Tzu? Shouldn't someone who is good listen to whom? In my family, it is my father who listens to me. A few days ago There will be a family meeting every day, my grandfather has already said that I am now the head of the family."

"Well……"

Nie Caijun was a little bit crazy.

What the hell!

What kind of family does Boss Zhou live in?

Zhou Buqi waved his hand, "This matter will be done immediately, go to Guo Dan, sign the headquarters project contract with Oceanwide quickly, and then transfer the money. When this matter is completed, I will send a letter to all investors and tell them , Ziweixing respects every investor and supports all their legal and reasonable demands. Whoever wants to withdraw their investment, do so, we firmly agree!"

Nie Caijun twitched the corner of his mouth, "Okay, I understand."

...

The next morning, Zhou Buqi brought He Yang, Guo Dan, Nie Caijun and others to contact Oceanwide's team, and successfully signed the contract for the construction of the headquarters park.

At noon, a huge sum of 6 billion was sent.

All of this was carried out so quickly that the investors hadn't heard the news yet, but the matter had already been handled quickly.

When the financial personnel they placed in Ziweixing discovered the clues and shouted bad news to the investors, the investors also received a letter from the board of directors of Ziweixing.

Ziweixing said that it will respect every investor. In view of the current differences between the two parties in terms of corporate management, strategic direction, and capital allocation, they are willing to contact investors and discuss various issues of divestment according to the investment contract.

Then, Wang Haoyang's cell phone exploded.

The texts and calls kept coming.

"Investors?"

"Yes, it should be to want to explain."

"The explanation has already been given, it depends on how they choose. Don't you want to use the withdrawal as an excuse to force the palace? Then withdraw it, I don't care." Zhou Buqi looked calm, with the chance of winning, "Ya Xian , bring me some fruit, the lychees from last time were pretty good."

Wang Haoyang sighed and shook his head.

He is no longer the chief financial officer, and he can't control it if he wants to. However, in his bones, he still did not approve of Zhou Buqi's tough approach.

Doing business is to make money with harmony, hello, hello, hello everyone.

Boss Zhou is too hostile to capital.

Where is Ziweixing now? The reaction of investors has been very friendly. At most, they sent letters to question and asked the board of directors to make financial explanations.

After spending other people's money, why don't they feel bad about it?

Look at Sina, the founders were all driven away by investors!

This Boss Zhou is still young, and his anger is too high, so he needs to lower his anger.