It is difficult to be reconciled when a person puts in countless efforts to do something, only to give up halfway.
Weng Qiuping and Tianhai undoubtedly fall into this category.
In the earliest days, Weng Qiuping was actually a gold medal agent, similar to Guo Hong. Relying on his keen judgment and excellent business ability, Weng Qiuping brought out many big-name artists and accumulated an initial capital of about a small target.
Then, under the introduction of a friend, Weng Qiuping used these original funds to invest in foreign precious metal mining. Unexpectedly, he made a fortune.
Then Weng Qiuping established his own Tianhai Brokerage Company, which was the predecessor of Tianhai.
After five or six years of development, the agency has grown step by step, with more and more artists and more complete departments. It has naturally evolved into an entertainment company. Tianhai Agency has also officially changed its name to Tianhai Entertainment Company. .
After another five or six years of development, Tianhai gradually grew from third-rate to second-rate to first-rate. Weng Qiuping also has his own ambition. He wants to build Tianhai Entertainment into a top giant in the entertainment industry.
He put a lot of effort into this. For a period of time, he didn't even go home. He stayed in the company all day long, forgetting sleep and food at work. And hard work always pays off. With the joint efforts of him and many people, Tianhai is prosperous and powerful, approaching the level of giant companies.
But after all, it was just a live broadcast, and Tianhai was not a giant after all. Although it had the momentum of a giant company at the time, it did not have the foundation of the company. The pace was too fast and unstable. Several giants joined forces to give him the opportunity when he was not paying attention. A slap in the face.
After that, Tianhai began to decline.
Since the decline of Tianhai, Tianhai has not made any money and has suffered losses year after year. However, he has never given up. He has been using the money earned from foreign investment in mining to subsidize Tianhai, dreaming that one day Tianhai can start again.
Unfortunately, over the past few years, Tianhai has shown no improvement and has become increasingly declining. Last year, the foreign-invested mining industry suffered an accident, which completely wiped out his many years of investment. He suffered heavy losses all of a sudden. Not only was he unable to subsidize Tianhai, he even owed the bank several billions.
After countless struggles, he finally made the decision to sell Tianhai. At that time, I thought I had looked away, but now I realize that I am still a little unwilling to accept it. No, I am very unwilling!
He really couldn't bear to see Tianhai, and really wanted to see Tianhai become a top giant company in the entertainment industry.
So Weng Yong's words moved his heart.
Although Tianhai was given to Wang Xuan, Tianhai changed ownership and no longer belonged to him alone. He would not even be able to make the decision in the future. But as long as he still owns Tianhai's shares, at least Tianhai can still be considered his child. It's not like selling it directly and having nothing to do with him anymore.
But can Wang Xuan really revitalize Tianhai?
If the copyright library had not been sold to Tianhai, and Wang Xuan joined, it would definitely not be a problem for Tianhai to take off on the same spot.
But now Tianhai is a mess, the copyright library is empty; the artist department only has some newcomers that no one wants; almost the key people above the middle management level in each department have quit.
Even with Wang Xuan joining, Weng Qiuping still has no confidence that Tianhai can come back to life.
"Dad, what are you hesitating about?" Weng Yong asked.
Weng Qiuping expressed his concerns.
"Dad, your concerns are completely unnecessary. In other words, doesn't Wang Xuan have such concerns?"
Weng Qiuping's eyes brightened when he heard this.
Weng Yong's words simply woke up the dreamer.
Yes, doesn’t Wang Xuan have such concerns? But Wang Xuan still bought Tianhai, spending nearly 1.5 billion to buy Tianhai, which means that Wang Xuan must be very confident. In this case, what else does he need to worry about?
"In fact, our only concern is that Wang Xuan is a white-eyed wolf. After we gave Tianhai to him, he turned around and kicked us out. But I feel that Wang Xuan is not such a person and it is worth our gamble." Weng Yong added One sentence.
"Ayong, think about it carefully. If you lose the bet, we may really end up living on the streets. Your mother and I should be fine. After all, we went through hard times back then. But you were born with a golden key in your mouth. I'm afraid You can’t bear that hardship.”
"It's okay. I'm willing to admit defeat. But Dad, are you looking down on me too much? I'm not that spoiled yet. I secretly joined the army when I was in college. If my mother hadn't been crying and forcing you to go to the military camp to capture me, , I am now a proper people’s soldier, okay?”
"That's true, okay, then let's take this bet." Weng Qiuping said. In fact, he had just exaggerated the consequences of losing the bet.
I don’t even think about it, even Weng Yong has a friend like Yunhai who can easily support more than 30 million yuan, so how could he not have such a friend? It should be noted that at his peak, his wealth was close to tens of billions.
With such wealth, how could the friends he could make be any worse? Therefore, even if he loses the bet, his family will not live on the street. At most, they will shamelessly ask friends to help them.
This is also the reason why Weng Qiuping dares to gamble.
After the chat, Weng Qiuping came out of the office and said to Wang Xuan: "Teacher Wang Xuan, I'm sorry to keep you waiting for so long."
"It's okay." Wang Xuan said.
At this moment, the lawyer had brought over the drafted contract. Weng Qiuping put it aside and said, "Teacher Wang Xuan, before signing the contract, I want to ask you a question."
"Mr. Weng, please tell me."
"Are you buying Tianhai with the intention of running it yourself? Or should you ask, are you buying Tianhai yourself or on behalf of someone else?"
"Of course I acquire it myself, and I also manage it myself. What? Is there any difference?"
"Of course there is a difference. If you are acquiring and operating it yourself, then I would like to change the way of cooperation. I would like to use all the assets currently owned by Tianhai to invest in your company. In other words, I can acquire Tianhai without you having to pay anything. It will be transferred directly to your hands in exchange for some shares."
Wang Xuan was stunned when he heard this, and secretly thought that he was very courageous.
"This is an asset worth more than one billion yuan, isn't Mr. Weng afraid of being swallowed up?" Wang Xuan was curious.
"This is the reason why I want to confirm with you whether you purchased Tianhai by yourself or on behalf of someone else. If Teacher Wang Xuan purchased Tianhai for someone else, then I would never dare to propose such a cooperation method. Yes, but if Teacher Wang Xuan acquires and manages Tianhai by himself, then I believe in Teacher Wang Xuan’s character and am optimistic about Teacher Wang Xuan’s ability to revitalize Tianhai.”
"With all due respect, in the face of more than one billion assets, character is not worth mentioning."
"Then just think of me as making the next big bet."
"But I want to explain in advance that even if you invest in the entire Tianhai, you will not get too many shares, at most 12%." Wang Xuan said.
"Only 12%? That's nearly 1.5 billion in assets." Weng Qiuping was stunned and couldn't believe it.
"Yes, there can't be more, so Mr. Weng still plans to make this huge gamble?" Wang Xuan affirmed.
Wang Xuan of the new company must ensure absolute controlling rights, at least 51%.
After the company is fully staffed, many people will need to take up shares.
The director, the head of the artist department, the head of the music department, the head of the film and television department, if there are some big-name artists, such as international superstars, movie kings, movie queens, singers, and queens, they all need to allocate shares.
This determined that he could not give Weng Qiuping too many shares.
If Weng Qiuping had not taken the initiative to propose such a cooperation method, and Wang Xuan was moved by his courage, he would not even have been able to give Weng Qiuping 12% of the shares. Simply looking at capital investment, 1.5 billion in capital with Wang Xuan can at most be exchanged for 8% of the shares, making it difficult to enter the market.
Because Wang Xuan knows that his new company will definitely make money, and it’s not like he can’t come up with so much money himself, so why should he let others come in and divide his equity?
So Wang Xuan has exactly this mentality now. Give Weng Qiuping 12% of the shares. If Weng Qiuping can accept it, then he will suffer a little loss as a way of appreciating Weng Qiuping's courage. If Weng Qiuping can't accept it, then he will buy Tianhai directly.
Weng Qiuping hesitated.
Upon seeing this, Wang Xuan added: "I may want to explain one thing. Even if Mr. Weng accepts this plan and holds 12% of the company's shares, I still have absolute say in the company. The Weng family only enjoys the right to dividends. You can't interfere with the company's operations. Does Mr. Weng still plan to make this huge gamble? I think it's better to forget it. Why don't I just buy Tianhai directly."
"I have a question, will there be other shareholders in the company in the future?" Weng Qiuping asked.
"It depends on what kind of shareholder you are referring to. If it is a shareholder who comes in with financing, no, the company does not accept any financing, and it does not plan to go public in the future. But if it is a small shareholder who comes from internal managers allocating dry shares, then it will definitely Yes. But similarly, all shareholders only enjoy the right to dividends and cannot interfere with the company's operations."
"Understood." Weng Qiuping said, taking a deep breath, "Teacher Wang Xuan, if I accept this plan, I will use the entire Tianhai as a capital investment in exchange for 12% of the shares."
Wang Xuan was stunned when he heard this. He thought Weng Qiuping would choose to sell Tianhai. After all, 1.5 billion in funds only exchanged for 12% of the shares, and he had no right to speak. Weng Qiuping could accept such a plan. It was really courageous.
You deserve to make money!
After taking a deep look at Weng Qiuping, Wang Xuan said with a smile: "Then it will be a pleasure to cooperate. I am moved by Mr. Weng's courage. But congratulations to Mr. Weng. You will know in the future how correct the decision you made is."
"Happy cooperation. I will change my name to you Mr. Wang from now on. Please take care of me." Weng Qiuping said with a smile. He had a lot of worries, but now that he has made the decision, Weng Qiuping will not regret it. Will be indecisive and show concerns on his face.
"Mr. Wang, I have a heartfelt request. After the company is transferred to your hands, can you not change the name and call it Tianhai? To be honest, I have put a lot of effort into Tianhai, and I really can't bear to see Tianhai disappear."
"That's no problem, Tianhai's name is quite good." Wang Xuan said.
"I have another unkind request. My son Weng Yong is a graduate of Yan University, majoring in business administration. He knows a lot of things and is quite smart. He just lacks exercise. I want him to study with you. Look. Is that okay? By the way, he can also drive and can also be used as a driver."
"I don't have any problem. I can let Weng Yong be my assistant, but I don't know if he is willing?" Wang Xuan said. He originally wanted to find a male assistant.
"Yes! Teacher Wang Xuan, I am willing to be your assistant." At this moment, Weng Yong came out of the study and said eagerly.
"I knew this brat would definitely be willing. He is your die-hard fan and he often mentions you at home." Weng Qiuping said with a smile.
Wang Xuan smiled.
The matter was settled.
Weng Qiuping called the lawyer again and asked the lawyer to draft a new contract according to the plan he had just discussed with Wang Xuan. After both parties confirm that the details are OK, they sign the contract.
In this way, Wang Xuan took over Tianhai directly without spending any money. Weng Qiuping, on the other hand, invested the entire Tianhai capital in exchange for 12% of the shares, successfully tying the Weng family to the Wang Xuan ship.
...
