Chapter 888 The angry old Huang, the dust settles!
PS: It’s the first day, please ask for a guaranteed monthly ticket~~!
"If you don't say that you have to be a real capitalist."
On November 22, it was already five o'clock in the afternoon when he received a call from Huang Zhang. The three days given by Tan Jincheng were almost over. If Huang Zhang didn't call him again, he would be ready to return to Yangcheng.
The matter is indeed as deduced by Shen Nanpeng, Tan Jincheng and the acquisition team. Huang Zhang said he could talk about it.
On the 23rd, the two sides quickly formed a "temporary" negotiation team, and Tan Jincheng also claimed to have changed his itinerary to continue to stay in Zhucheng City.
In order to show importance, Tan Jincheng personally participated in the negotiation process on the first day, and Huang Zhang, who had not wanted to come forward, was forced to attend. What surprised Tan Jincheng was that Zhushi ZF also sent someone to come.
However, they just said that they would listen to the whole process and would not express any opinions. No matter what the two sides agreed, they would be acceptable.
"Damn, what did our Uncle Ma tell you? The people in Ali's investment department are like being injected with chicken blood. Those who don't know think I have a grudge against them."
After six hours of negotiations, Ali was firm in his attitude. If the agreement had not been reached in private and the memorandum had been signed, even if he had a tacit understanding with Lao Ma, Tan Jincheng would not dare to take risks due to Ali's investment department's performance today.
"Hehe, they really have a grudge against you, and the people who participated in the negotiations today don't know your specific plan with Mr. Ma."
"What does it mean?"
"Hehe, this group of people is the team that you intercepted when you talked about acquiring Gaode. In addition, Mr. Wang did not tell them the real intention, but just told them that they could transfer some of them and talk about the others as they should."
Mr. Wang is Wang Jian, Ali's CTO. Last year, he personally led the Meizu project, and Lao Ma just explained to him.
Speaking of which, Wang Jian also wants to thank Tan Jincheng for taking over. As Ali's CTO, he wants to invest in Meizu. His goal is to strengthen Alibaba's mobile ecological layout through the combination of software and hardware.
According to their agreement, Meizu promises to deeply integrate YunOS into its Flyme system, while Ali provides services including e-commerce, technology, payment and other services.
However, this year, Huang Zhang, the old boy, only paid no money, did not fulfill all his promises, and even came up with the agreement to not interfere in the business to explain the matter, which made Wang Jian lose his temper.
Wang Jian, a technical master, can't beat Huang Zhang's unruly person?
"Oh, it's them, no wonder. This old horse really takes revenge; good guy, he even lets his subordinates vent his anger."
He heard Lao Ma say this last time, saying that he scolded the acquisition team and deducted performance. It seems that there is a grudge.
"It's not just this, but also like peado pods. We make a lot of money from them. For a while, Ali's investment department was often criticized for you internally, and they usually dare not offend you. How can we not seize the opportunity to vent like today?"
"Haha, that's fine. Give them a chance to be happy and it's more comfortable to cooperate in the future."
This is fine. They didn't know what was behind the scenes, but their reactions became more realistic. Ah Li controlled the attitudes of the two families, and the negotiations on the first day naturally ended in an unhappy manner.
"Just like what we deduced the previous two days ago, Mr. Huang really has some small thoughts."
"Normal, Mr. Huang's persistence in shares is similar to mine. I can fully understand his behavior."
"It's just that he is still not a good idea to be petty. He wants both and needs it. The money of capital is not that easy to get. If you want to cooperate well, you have to show some attitude."
Tan Jincheng himself also took some small measures, but at least he expressed his attitude at the beginning of the cooperation, that is, he got 51% control, and if he could agree, he would cooperate. If he didn't agree, he would not forcefully acquire it. After all, this is not a listed company.
But Huang Zhang's attitude was a bit interesting. He didn't want to give up this opportunity to cooperate and didn't want to hand over control honestly. After fooling Ah Li, he wanted to continue to fool him.
Do he think he only knows technology like Wang Jian and bullies him casually?
In fact, in the investment field, investors like Tan Jincheng don’t mind the founder making a mess of the project. No project will definitely succeed. The main thing is your work attitude after getting the money.
It’s okay if the project is broken, you can do it again, but if the character is broken, it will be really broken.
If we talk openly and honestly, Tan Jincheng could not make some concessions, but now, we can't help it.
"After we successfully acquire it, you will temporarily take care of Meizu's work and clean up all the royal relatives inside."
According to Tan Jincheng's idea, if he could hand over the handover smoothly, he could tolerate that Lao Huang's family would eat Meizu for another year or two, even if it would be a comforting compensation for him and his family.
This is actually a not-so-good unspoken rule in many acquisitions, but now, it’s not their turn to do such good things.
Zhao Xinyi looked distressed: "I asked me to do such offensive work again. Boss, you can't change someone, Xiao Zeng couldn't do it."
"Haha, Xiao Zeng really doesn't work. You can only do this. Don't worry, I won't let you work in vain. I will issue additional shares at that time and leave one for you. In addition, you can be the legal person of the new Meizu, which is considered an additional income for you."
Zeng Jixiang is really not as skilled as Zhao Xinyi. Zhao Xinyi has always been responsible for the procurement chain. The fact that she managed the group of people in Leichi was well proved her personal ability.
Compared to Zeng Jixiang, Zhao Xinyi has a sense of "ruthlessness" in her body, and what Tan Jincheng needs is her temperament.
Although today's negotiations ended unhappily, they are also very interesting. The quarrels that lasted for six hours revealed the little thoughts of all parties.
Except for Haitong Kaiyuan and Shanghai Stock Exchange Haitong happily expressed their willingness to sell their shares to Boss Tan, the other Meizu cooperative companies expressed their unintentional intention to sell their shares.
This is also understandable. The first two are financial investments. Boss Tan directly gave an overall valuation of 25 billion yuan, and the acquisition funds were still received in one go. For Meizu, who is in a turmoil, this is difficult for them and other financial investors to refuse.
Such good things may not happen again in the future, so why not withdraw quickly.
The attitudes of other cooperative companies were somewhat beyond Tan Jincheng's expectations, but it was reasonable. At the same time, Tan Jincheng was also glad that he did not contact them in advance, and if he really contacted them, he would not be today.
Ali's representatives have a very tough attitude. They only accept the sale of 9.428% of their shares at most, while retaining 19.4%, reducing their total shares to below 20%.
In their words, Ali is not short of money, and she is more optimistic about the combination of Meizu and Weilai.
Pure is nonsense.
As for the attitudes of other cooperative companies, Tan Jincheng was also glad that he did not contact them in advance, and if he really contacted them, he would not be today.
The attitude of the small shareholders was as expected, and Huang Zhang's performance seemed much more interesting. Their side hoped to retain 29% of the shares, which was quite interesting.
Because Ali's investment department can only accept the sale of 9.428% of its shares, reducing their total shareholding ratio to 19.4%, which is within 20%.
Huang Zhang's attitude towards the shares was extremely interesting when he cooperated with Ali's transfer of shares. Huang Zhang said that they wanted to retain 29% of the shares, which means that they only agreed to transfer 20.959% at most.
20.959%+9.428%+2.655%=33.042%.
Good guy, Huang Zhang automatically replaced Tan Jincheng's control with the largest shareholder. If it was a listed company, everything would be replaced by the open and transparent specifications of the listed company, 33.042% of the shares could indeed obtain control of the company.
Just like Orange Technology before the restructuring, Tan Jincheng's total holdings are not more than 30%.
However, family companies like Meizu are not listed companies, and secondly, they don’t know any rules. Just look at the agreement between birds and Ah Li, and look at this year’s concert.
"I don't follow the rules, but I am very smart. According to the shareholding ratio discussed today, the first point is that Huang Zhang basically meets our needs, and the second point is that ZF in Zhushi City has explained it. This is also a way to cooperate with ZF to actively attract investment. Zhushi City will no longer have any opinions on him today."
"There is another point that if this shareholding ratio is really the case, it will be very difficult for us to control the company. Even if it is to dilute the shareholding ratio in their hands by increasing capital and expanding shares."
One of the three major shareholders is more than 30%, one is close to 30%, and the other is close to 20%, which is very subtle.
The meaning expressed by Huang Zhang is also obvious. You said that I am allowed to retain most of the shares, and I did transfer a large number of shares. As for the 51% you want, Ah Li doesn't agree, that's your own problem.
"You go and talk for me tomorrow. I won't attend. Just stare at Huang Zhangyao and see if you can pick it in his hands. It doesn't matter if you can't pick it out, but this attitude must be revealed."
Huang Zhang believes that he has taken back a certain initiative in negotiations and still maintains absolute authority in Meizu while barely losing the largest shareholder. But in fact, compared to him, Tan Jincheng is not in a hurry at all.
Because according to the private agreement with Lao Ma, after completing a series of processes, his actual shareholding ratio has reached 51.174%!
In other words, Tan Jincheng took over Meizu on the first day of negotiation.
For Ali, they did not lose money. Last year's investment of 590 million US dollars became 1 billion US dollars a year later, but they also retained more than one stake. This is one of the few investment projects that Ali made a big profit.
Of course, in Lao Ma's opinion, what he earned the most was that he received a promise from Tan Jincheng, which was much more cost-effective than the performance of the investment department.
In the next negotiation, what Tan Jincheng has to do is to confuse the Huang Zhang family and take over Meizu under the conditions of "rudely" accepting all parties, in order to seek opportunities in the future.
It doesn't matter what you talk about.
"Okay, I'll talk about it according to this idea. It'll be almost done after two days, right?"
"Well, it's almost done in two days. Over time, it will easily arouse Huang Zhang's alertness. You will sign the formal equity transfer contract within these two days."
"Okay, I understand."
The equity change seems to have ended in Tan Jincheng's opinion, but the real problem is that after the acquisition, when everything is exposed, Meizu will definitely experience unprecedented turmoil.
From this round of negotiations, both sides had their own hearts and were destined to not be able to pee in the same pot, and Huang Zhang's departure was just a countdown.
"You have to show a certain degree of control during the negotiations in the past two days. The turmoil in Meizu requires you to take charge of the overall situation. Remember that some core personnel must not let them leave, nor can they be taken away by Huang Zhang."
"Look at this list. After your contract is signed, I will have direct contact with this group of people. After discussing the treatment and job responsibilities, the rest depends on your own ability, but you don't have to be too stressed." Zhao Xinyi took the list handed over by her boss, and all of them were the core members of Meizu except for Huang.
Bai Yongxiang, who is responsible for leading chip procurement and cooperation with foundries, is currently the president of Meizu.
Senior Vice President Li Nan is in charge of marketing and e-commerce, and Li Yan, president of Flyme’s business unit, leads Meizu’s series of development and ecological layout.
In addition, there are technical backbones, hardware R&D director Guo Wantao, acoustic technology manager Zhou Xiang, etc. on the list.
These core technology backbones currently do not hold any shares in Meizu. This is quite bizarre in any Internet-type company. If you don’t have equity, you should at least have an option, right?
In addition to these technical and management cores, almost all core departments of Meizu are in the hands of members surnamed Huang, such as Huang Zhang, who is in charge of supply chain and production, Huang Zhang, who is in charge of financial and capital actions, etc.
"Okay, I understand. I will try my best to make them work with peace of mind."
"Well, just try your best. Leave professional matters to professionals. Besides, our goal of acquiring Meizu is to enrich the car and computer system. Mobile phones are not our core business. Just remember the primary and secondary."
"I understand, let them do the phone by themselves."
It’s okay for them to do the phone, but it still needs to overturn Huang Zhang’s design in the new phone next year. This guy hates the full screen very much and must let Meizu return to the mainstream in design.
Tan Jincheng did not attend the next two days, and did not even leave the hotel. Everything was handed over to his assistant Zhao Xinyi.
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For two days, Tan Jincheng was remotely in charge in the hotel, and Shen Nanpeng was also in touch with the settlement between Meizu and Qualcomm. Tan Jincheng, who already regarded himself as the boss of Meizu, hoped to solve the supply problem of high-end chips before New Year's Day.
On November 25, at the press conference after the two-day exhibition competition, Tan Jincheng finally came forward.
After multi-party negotiations, Juliang Engine has obtained a 33.042% shareholding in Meizu from its founder Huang Zhang, the second largest shareholder and small and medium shareholders at an overall valuation of 25 billion yuan, and officially became Meizu's largest shareholder.
The former founder of Meizu and actual controller Huang Zhang holds 29% of the shares and is the second largest shareholder of Meizu, while Ali's shareholding has dropped to 19.4% and has become the third largest shareholder of Meizu.
"Next year Meizu will re-align the organizational structure and establish three major business departments, Meizu, Meilan and Flyme. Flyme will establish a strategic cooperation agreement relationship with Weilai, and the two parties will conduct in-depth cooperation on the intelligent system of the vehicle computer."
"This is an attempt by Weilai Automobile Ecology. We hope that an excellent company like Meizu can help us enrich our automobile ecosystem."
At the press conference, Tan Jincheng did not hide his purpose of taking over Meizu, and this was also the first time he mentioned the word Weilai Automobile Ecology to the public.
A few days ago, Tan Jincheng suddenly turned around from the scene of the Yangcheng Auto Show to Zhucheng City, which caused some speculation, and the subsequent series of public activities were also confusing.
No one expected to complete the Meizu in less than a week.
You should know that the Yangcheng Auto Show has not ended at this time. The entry into Meizu this time can be described as a blitzkrieg in the blitzkrieg. Of course, this has something to do with Tan Jincheng's wealth. For Meizu with 25 billion yuan, whoever buys it is the sucker. This is the overall view of the mobile phone industry.
"Is Weilai going to enter the mobile phone business market?"
Tan Jincheng, who won the largest shareholder of Meizu through blitz, faced the most is whether Wei Lai intends to enter the mobile phone market that has already become popular. In 2016, Meizu, which mainly uses the sea of machines, ranked among the top 10 overall sales.
It was surprising that Huang Zhang was able to give up the largest shareholder, but it was even more surprising that Tan Jincheng bought Meizu at this time.
"Weilai has no intention of intervening in the mobile phone market. Meizu's overall operation will be separated from Weilai. Meizu is still an independent company, and it is only a cooperative relationship with Weilai."
Tan Jincheng expressed his attitude, but when facing who will dominate Meizu in the future, Tan Jincheng rarely did not answer this question, which was completely different from his attitude when he acquired a company in the past.
Huang Zhang also avoided it; some reporters keenly felt that the matter of a huge number of engines entering Meizu was probably not that simple.
Who can win if Tan Jincheng vs. Huang Zhang, who is always in trouble in the capital market, plays Ali so well?
This is a hot topic among many reporters attending the conference, as well as many netizens in the mobile phone circle and investment circle after the press conference. For Meizu's loyal fans, they are still very excited about Tan Jincheng's acquisition.
"They probably won't be happy in a few days."
In the past few days, Tan Jincheng has also been in the Meizu Forum. It has to be said that Huang Zhang has too many loyal fans in the Meizu Forum. This guy broke a new model and he said it was a test of it. Anyone is willing to believe him again next year.
I have to say that this is also a charm.
After completing the signing, Tan Jincheng did not leave Zhushi, nor did he make any adjustments to Meizu. He just made an appointment with non-Huang core members on his list and promised them that they would give them certain shares and enjoy the benefits of the company's growth.
Huang Zhang was full of doubts about Tan Jincheng not leaving Zhushi City and not talking to himself about the company's subsequent development issues. He always felt that there were big problems in it.
Especially during the two days on the weekend, Huang Zhang was full of alertness when he met the company's technical team and had not avoided him.
"I don't want the shares I bought with so much money. I just want to poach these people, right?"
No matter how rich Boss Tan is, he will never be able to spend more than 8 billion yuan and throw it away. Although Huang Zhang was alert, he was puzzled.
However, he soon knew the answer.
"Mr. Tan, you're a bit too much, right?"
On the last day of October of the lunar calendar and the third to the last day of November, Huang Zhang rushed into the hotel where Tan Jincheng was staying.
Listed company Ali announced that she would participate in the IPO of Orange Group's Hong Kong Stock Exchange, to improve the strategic cooperation level with Gaode Map and establish a strategic cooperative relationship with Ding Ding.
As a supplementary agreement for this cooperation, Ali Investment continued to transfer 18.132% of Meizu shares it holds, and its shareholding ratio dropped from 19.4% to 1.268%!
It is this line of words that caused huge waves in the mobile phone circle and the investment circle! It also made Huang Zhang lose his ability to think.
On the 25th, Juliang Engine held 33.042% of Meizu's shares, becoming the largest shareholder.
On the 28th, Juliang Engine held 51.174% of Meizu's shares and completed absolute control!
Huang Zhang, who received Wang Jian's call, was extremely furious and rushed into Tan Jincheng's room without controlling his temper.
Tan Jincheng waved his hand and asked Li Yaohui who was standing in front of him to move aside, stood up and said lightly: "Is there any problem with doing this? I said from the very beginning that what I want is absolute controlling rights."
"Besides, Ali is willing to sell, I am willing to buy, everything is done through regular procedures."
Huang Zhang looked at the tall and powerful Li Yaohui. Although he was extremely furious, he had to force himself to calm down. Tan Jincheng was right. He expressed his need for absolute controlling stake in Meizu from the beginning.
There is no problem continuing to seek acquisition after winning 33%. I underestimated him and thought that after getting Ali, I could maintain balance in a short period of time, and then I would think of other ways to regain the controlling stake.
He also thought about awaiting some of the shares of several cooperative companies.
But he didn't expect that this person acted so quickly. He took Ah Li in just one weekend, not giving him any time to react.
He even attracted his attention on the weekend through a technical team that did not avoid public appointments with the company.
"You are cruel!"
"Each one another."
Seeing Huang Zhang leaving resentfully, Tan Jincheng thought for a while and said to Li Yaohui: "Send two people to follow Xiao Zhao, and buy a house with better conditions here for her to live in. Usually, arrange a smart driver."
Although it is not enough, it is better to be careful, after all, this is not your home court.
Li Yaohui nodded and smiled. He was not afraid of the boss being cautious, but was afraid that the boss would be like Ma Daha. That would be a painful thing for a security officer like him.
Zhao Xinyi, who had received the news, happened to hear the boss' instructions to Brother Li, and couldn't help but widen her eyes and said, "Uh, it won't be that, what era is it."
"Haha, it's not true. It's just that you can calm down and handle the follow-up matters for me; don't worry, I will stay in Zhucheng for at least one week to take charge of you."
"That's good, that's good."
With absolute control, the next thing is not a matter of business. On the last day of November, Tan Jincheng appeared at Meizu headquarters for the first time, announcing the restructuring of the Meizu board of directors and laying off 5% of its employees.
The first ones were Huang Zhang, who was in charge of finance, and another cousin in charge of human resources, as well as Huang Zhangqin, who was in charge of business operations.
Tan Jincheng, who became the largest shareholder and obtained personnel relations, was convinced. Holding a board of directors is a family gathering, and even positions such as the company's front desk are his relatives or neighbors.
What else can I do? A front desk can be so awesome that it won’t give some people from other surnames.
Tan Jincheng's strong purge made the entire Meizu panic and all aspects of operations were affected, but these were all necessary.
Zhao Xinyi is under great pressure, and cleaning Meizu is much more difficult than Lei Chi.
"Don't worry, I'll shake people for you, and I'll be able to stabilize soon."
After the storm, there will be a rainbow. Tan Jincheng believes that Meizu after experiencing the pain will be destined to be different from her previous life.
(This chapter ends)