Afterwards, Pang Weidong went to Yin Qiang to negotiate in person.
Although Yin Qiang had more power, Pang Weidong was not a soft persimmon, and the other party did not dare to do too much.
He agreed to buy the three KTV karaoke halls of [Yuedong Entertainment], mainly because the price was a little difficult for him to accept.
The two sides bargained and finally reached an agreement after a week of hard negotiations.
Both parties were quite satisfied with the result. [Yuedong Entertainment] recovered a large amount of funds, and Yin Qiang also got his own cash cow.
Originally, Yin Qiang also wanted a buffet restaurant near the three karaoke halls, but was sternly rejected by Pang Weidong.
Pang Weidong was ready to turn his face on the spot, and Yin Qiang had to give up when he saw the other party's firm attitude. To be honest, he himself knew very well that if he really pushed the other party to a corner and they threw out tens of millions, he would also be in big trouble.
Doing business is not a fight. Since you have squeezed into the car, you can't think about burning jade and stone together.
"Mr. Du, this is the situation. Anyway, the other party cannot hang our sign. They can do whatever they want."
The funds recovered were directly distributed to the shareholders after deducting taxes.
Even if some shareholders were dissatisfied before, now that they have received real money, their resentment has dissipated.
Of course, this matter also has side effects. The concession of [Yuedong Entertainment] also made some people eager to make a move, but since their strength was not as good as Yin Qiang, they did not take action immediately.
Yin Qiang took the opportunity to find Pang Weidong and once again proposed to acquire the buffet restaurants supporting the three karaoke bars.
"Then sell it. To put it bluntly, it may not be a good thing for the buffet restaurants to fall into the hands of the other party."
Du Shaojie decided to sell the three buffet restaurants after careful consideration.
Pang Weidong and Xu Bo had no temper. After all, the other party had an absolute say in the matter of the buffet restaurants.
Later, the three restaurants were also sold at a good price and were taken into Yin Qiang's pocket.
This day.
Du Shaojie, Pang Weidong and Xu Bo gathered in Yangcheng to discuss some things in the future.
"Ajie, we have sold three KTVs and buffet restaurants one after another. The future situation is not good. I made some harsh remarks outside to stop some people's ideas, but this is not a long-term solution after all."
Pang Weidong seemed worried. Once this gap was opened, the road ahead would be difficult.
In the past few years, he and Xu Bo were free and easy all day long, with a large amount of cash coming in every day, but now many people are eyeing this cash cow, and he is under great pressure.
"Mr. Du, some of your previous ideas are very good, why don't we start taking action?"
Xu Bo had the idea of ​​retreating. He estimated that the KTV side could only be stable for a year or two at most, and there might be trouble again.
He remembered the information Du Shaojie gave him before. He was not sure about many forward-looking things, so he took this opportunity to ask the other party.
"Don't worry about the karaoke bar, at least I can handle it in one or two years. I do have a project, I plan to invest in an Internet company, what do you two think?"
"What else is there to say, let's talk quickly. A-Bo and I trust you, we'll do whatever you say."
Pang Weidong pressed the cigarette butt in his hand into the ashtray fiercely and expressed his opinion first.
Xu Bo also had no objection, just waiting for Du Shaojie to make things clear.
"This company is in Yangcheng, I have already made an appointment with Mr. Ding from the other company, let's have dinner together tonight."
NTES is the abbreviation of the company's future listing. As an Internet company that is one of the three major portals in China, NTES has not had an easy time in recent years.
The company is wholeheartedly seeking to be listed on the NASDAQ stock exchange in North America, but it has encountered many difficulties and has not yet been able to achieve its goal.
The biggest problem of NTES is that it can't see the prospect of profitability. No matter how much it brags, the company does not make money and has poor liquidity. If it wants to be listed in China, there is no hope.
Mr. Ding of the company has approached [Huaxin Investment] and [Dingxin International], but both have been rejected. Finally, through Ye Weiming's relationship, Du Shaojie was found. Du Shaojie ignored him for a while before agreeing to have dinner with him.
By the way, they talked about financing.
"Okay! Let's go together tonight."
Pang Weidong and Xu Bo had previously made up for their knowledge of the Internet and had heard about this company.
But they really couldn't figure out how such a company could make money? If it weren't for their trust in Du Shaojie, they wouldn't even bother with this company.
In the evening.
Du Shaojie and his three companions came to [Yangcheng Restaurant].
When they walked into the private room, they saw three people sitting inside, one man and two women. The man was Ding Sanshi, the founder and CEO of NTES.
"Hello, Mr. Du!"
"Hello, Mr. Ding. These two are my friends, Mr. Pang and Mr. Xu of [Yuedong Entertainment]."
Ding Sanshi and others quickly stood up and introduced each other.
Then the guests and hosts sat down, and the wine and food were served soon.
Ding Sanshi knew about [Yuedong Entertainment], the leader of the KTV industry, and he couldn't ignore it. Compared with others, his company is not worth mentioning. Prospects are prospects, and reality is reality.
So he kept a low profile and was very careful when talking to Du Shaojie and the other three.
Everyone then drank while listening to Ding Sanshi introduce his company. The company plans to go public, but the financial situation is embarrassing and it urgently needs investment.
"We will go to your company to inspect it later."
Du Shaojie did not agree to invest but did not refuse. He just said he would go and have a look when he had time.
Ding Sanshi immediately got angry and said: "No, if you have time, why don't you go there tomorrow?"
"Okay."
Du Shaojie hesitated for a long time and reluctantly agreed.
The next day.
The three of them went to NTES for inspection. Ding Sanshi accompanied them throughout the whole process and kept painting big pictures.
Du Shaojie winked at Pang Weidong, who understood and said:
"Well, it sounds good, but it's hard to realize. So, I will invest some money to try it out. Mr. Xu, Mr. Du, do you have any ideas?"
"It's okay to give it a try. I will send someone to talk to you later."
Du Shaojie seemed a little reluctant, but finally agreed to talk.
The three of them naturally would not show up in the subsequent negotiations. After several rounds of negotiations, the three of them invested a total of 100 million yuan in NTES.
Among them, Du Shaojie invested 40 million yuan in the name of [Dingxin International], and Pang Weidong and Xu Bo invested 30 million yuan in their own names.
A total of 19% of the company's shares were obtained.
This was a pie in the sky for Ding Sanshi. He thought that people would invest at most 10 or 20 million yuan, but he didn't expect it to be 100 million yuan.
Now, the cost of impacting the listing is enough and can't be used up, and the remaining funds can still maintain the normal operation of the company.
Subsequently, Du Shaojie sent a team headed by Winnie to enter NTES.
Winnie and others mainly assisted the company in making preparations before listing, and at the same time supervised the flow of investment to avoid meaningless consumption of the company.
They will not stay in NTES permanently, and will withdraw after the preliminary work is completed.
After finishing this matter, the three of them went to Shenzhen together.
[Jiaxin Shopping Plaza], a commercial complex led by Qin's Group, is about to open. As shareholders, they must attend the opening ceremony.
Qi Yan also flew to Shenzhen. This time she didn't bring her daughter with her. Her daughter had to go to school and was temporarily handed over to her parents for care.
On the opening day, the shopping plaza held a series of activities.
It started well, and it should be even better in the future.
After the opening ceremony, Qi Yan and Du Shaojie treated everyone to a meal, and Qi Yan hurried back to Beijing.
Du Shaojie stayed for two more days, and was then taken to Beijing by Pang Weidong and Xu Bo.
"Ajie, I contacted two Internet companies in Beijing a few days ago. You can go with us this time."
Inspired by the previous investment, Pang Weidong and Xu Bo contacted the other two portals.
Du Shaojie couldn't resist them, so he went with them.
In fact, according to his idea, it is enough to invest only in NTES now. If he remembers correctly, it is not far from the first Internet bubble.
It's funny to say that after NTES landed on NASDAQ, it encountered a stock market avalanche. It peaked when it was listed, and then the stock price plummeted all the way.
The reason for investing now is to make an advance payment.
The cycle of this investment is not short. If you invest directly in the three major portals now, the sedimentation cost of the funds will be a bit inappropriate. It is better
to invest in the other two companies now than to wait until they are listed and buy stocks directly in the secondary market.
NASDAQ avalanche, the stock prices of these companies will fall to the floor.
He has no impression of how much it is, it seems that it has fallen below 1 US dollar per share at the lowest point, right?
But he can't tell these words to Pang Weidong and others, otherwise he will become a charlatan? All the prophets have a bad ending, so he will naturally not be so stupid.
There are many restrictions on buying stocks in the secondary market, and it is difficult to tell the pros and cons clearly.
After arriving in Beijing.
Du Shaojie followed Pang Weidong and Pang Weidong to visit two Internet companies. It is easy to find fault, but Pang Weidong and Xu Bo just don't look back.
The three people had a disagreement on this matter. Du Shaojie recommended the Internet industry himself, and it was not good for the contrast before and after to be too big.
In the end, he and the two invested 10 million yuan in each of the two companies, and the matter came to an end.
The investment will definitely not be wasted, no matter what, it will be rich overnight one day.
Du Shaojie no longer cares about this matter. After resting in Beijing for a while, he took Wang Yongli, Luo Qin and others to visit stores in various places.
This time, he was mainly inspecting the newly opened stores of [Shuweixiang Old Hotpot]. Yu Jianxin's expansion speed is very fast, and the number of stores is increasing sharply.
"Old Yu, the current priority is to focus on management and service. We must not neglect key issues because of expansion."
Du Shaojie inspected all the way and then constantly corrected some minor problems in each store.
The threshold of a hotpot restaurant is not too high. If you want to be prosperous, you must have your own characteristics, so as to enhance customer stickiness.
He called Yu Jianxin many times along the way, and Yu Jianxin recorded it all, and management became more mature. (End of this chapter)
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