Vipshop was valued at 2 billion RMB in this round of investment, with Sequoia Capital and Tencent transferring 200 million RMB to Vipshop's company account.
The two companies raised a total of 400 million RMB. Founder Hong Xiaobo diluted 5% of his shares in this round of financing, leaving him with only 10% of the shares.
Founder Shen Ya sold 15% of his shares, leaving 30%. He sold 15% of his shares, and Hong Xiaobo sold 5%, which made up 20%, which was then distributed to the two investment companies.
Shen Ya looked at the major shareholder Chen Ze and asked, "Chairman Chen, your Grey Wolf Investment previously invested 50 million and lent 50 million to Vipshop, totaling 100 million. Since you own 30% of the shares, you need to invest an additional 200 million. Does your company intend to dilute its shares or make an additional investment?"
Without hesitation, Chen Ze agreed to invest more in response to Shen Ya's inquiry. As a reborn individual, how could he give up this billion-dollar company? In addition, he now had hundreds of billions in cash flow, so a mere two hundred million was nothing to him.
“President Shen, of course I’m making an additional investment; I have no intention of diluting my shares,” Chen Ze said.
Hearing Chen Ze's reply, Shen Ya smiled with satisfaction. "That's wonderful. Chairman Chen has such high hopes for Vipshop, I'm sure it won't disappoint you in the future."
Next, Shen Ya had her secretary print out the shareholding cooperation agreement and distribute it to Tencent Investment and Sequoia Capital Investment.
After Shen Nanpeng signed the contract, Sequoia Capital's finance department immediately transferred 200 million RMB to Vipshop's account on their laptop.
Immediately afterwards, Pony Ma's CFO also transferred 200 million yuan to Vipshop, and Chen Ze also transferred 200 million yuan to them.
After the contract was signed, Shen Ya announced the end of the meeting.
Afterwards, Shen Ya hosted a banquet for the CEOs of the three venture capital firms at the Lingnan Hotel.
That evening, around the round table, everyone chatted and laughed. Chen Ze, however, had more plans in mind; after all, he was a reborn person and knew the future direction of Vipshop.
"Chairman Chen, thank you for your support today." Shen Ya raised her glass to toast Chen Ze.
"Not at all, this is a win-win situation," Chen Ze replied with a smile.
After a few rounds of drinks, Chen Ze suddenly put down his glass and said, "President Chen, I have an idea. Although Vipshop is doing well now, the e-commerce market is very competitive. I suggest that we increase investment in the logistics system, establish our own warehousing centers, and improve delivery speed."
Shen Ya frowned slightly and began to think after hearing this, but Xiao Ma's eyes lit up. "Chairman Chen's suggestion is very good. Nowadays, e-commerce is all about service, and logistics is a key link."
Shen Ya nodded slowly, "Chairman Chen is indeed farsighted, but this requires a lot of funds."
“The initial investment is large, but the long-term returns are considerable. Moreover, it can attract more high-end brands to set up shop and enhance the overall image,” Chen Ze added.
Shen Ya finally made up her mind, "Okay, then let's formulate a plan and implement it as soon as possible."
Suddenly, the door to the private room was opened from the outside without warning. Everyone looked towards the door, wondering who was being so rude and what the bodyguards outside were doing.
Two men in jackets, exuding an air of sophistication, walked in, followed by a male secretary.
When they saw who it was, everyone stood up to greet them.
The visitors were none other than Secretary Zhang, the top official of Guangcheng City, and Vice Mayor Yang Chengxu.
Secretary Zhang smiled kindly and said, "Gentlemen, I'm so sorry to have disturbed your meal."
Yang Chengxu, who was following behind Secretary Zhang, smiled at Chen Ze and nodded slightly.
Shen Ya immediately pulled out a chair for Secretary Zhang and said respectfully, "Leader, you didn't even let me know you were coming. I would have liked to entertain you."
Secretary Zhang shook hands and greeted the four business leaders one by one before taking his seat.
Shen Ya personally poured wine for the two of them, then asked with a puzzled look, "Secretary, is there something important you need to discuss with me today?"
Secretary Zhang sighed and said, "Although I am about to leave Guangcheng, as long as I stay in this position, I will think about doing more for Guangcheng. To be honest, I came here tonight hoping that the business leaders present can invest in Guangcheng."
Vice Mayor Yang Chengxu chimed in, "After discussion, our municipal party committee has decided that as long as everyone here is willing to invest in Guangcheng, I will offer the most preferential policies."
After speaking, he deliberately turned his gaze to Chen Ze, who was sitting to the side, his face filled with eagerness and expectation, and then said:
"Xiao Chen, from what I know, you are a native of Guangcheng! As a successful person who came from this land, I sincerely hope that you can play a leading and exemplary role."
“Our hometown is currently in a critical period of rapid development, and we need capable and powerful entrepreneurs like you to come back and invest in businesses, making more tangible contributions to our hometown.”
Hearing this, Chen Ze couldn't help but smile wryly. He shook his head slightly and said helplessly:
“Mayor Yang, you may not know this, but it’s not that I’m unwilling to do my part for my hometown. Just last year, our Panda Mobile Company spent a whole 100 million yuan in the southern district of Bazhou to finally acquire a piece of land with an area of 10,000 square meters.”
"We originally planned to use this land to build a factory and workshop for Panda mobile phones, but who would have thought that the relevant permits we submitted would never be approved, so the project has not been able to start construction smoothly to this day..."
Upon hearing this, Secretary Zhang frowned slightly and then looked at Yang Chengxu beside him with a questioning gaze.
Yang Chengxu appeared somewhat embarrassed. He quickly spread his hands, indicating that he knew nothing about the matter, and hurriedly explained:
"Boss, regarding this matter, I was indeed unaware of the specifics beforehand. But rest assured, I will personally investigate tomorrow to find out which link in the chain went wrong and who is behind this sabotage."
Seeing Yang Chengxu's statement, Secretary Zhang nodded slightly in agreement, then turned to Chen Ze and solemnly promised:
"Comrade Xiao Chen, please trust the importance our municipal Party committee and government attach to this matter. Now that this has happened, we will definitely investigate it thoroughly and will never tolerate any violations of rules and regulations. At the latest, we will give you a satisfactory answer and explanation by tomorrow."
Upon receiving the promise from the top leader of the municipal party committee, Chen Ze's face broke into a long-lost smile.
As time went on, the banquet was filled with clinking glasses and constant laughter.
Before we knew it, we had gone through three rounds of drinks, and everyone was quite drunk, their faces flushed and their heads spinning.
Everyone got up and left.
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