Chapter 501 Signing a contract (repair)
Sina's predecessor was Lifang Online. Lifang Investment is a key link in Sina's VIE architecture and is also the main body of this merger and acquisition.
The contract is signed at Xin Ning Building on Hsin Road, Causeway Bay. This is one of the most eye-catching landmarks of Hong Kong's skyline. The headquarters of Lifang Investment in Hong Kong is located in this building.
The terms of the contract have been formulated long ago, and the negotiations are very complicated, but it only took a few minutes to sign.
Sina attaches great importance to it. Sina Group's senior vice president, head of Lifang Investment and president of Sina Hong Kong both participated in the signing, while Qingshan Forum is relatively low-key. In the eyes of these big shots, Chen Qiaoshan and the four of them are still newcomers.
Yan Xiaoqin is the final signator. When she was about to finish writing, Chen Qiaoshan's thoughts were also fluctuating.
Qingshan Forum has been very difficult to go all the way from website building to promotion. Now that it is withdrawn from the project, it is definitely a lie to say that it doesn’t care at all. However, in the face of a huge sum of money and the upcoming Internet wave, Chen Qiaoshan cannot hesitate at all.
"Chan, what are you thinking?"
As Chen Qiaoshan's personal financial advisor, Elliot was also invited, so he naturally happily went to the appointment. Even if he did not receive the invitation, he would not miss this opportunity.
The news has not spread yet. Once the capital market knows that another wealthy newcomer has been born, bankers will definitely chase Chen Qiaoshan in groups, and even Elliott can't ignore the order of 10 million US dollars.
"I was thinking that selling the website might be a wrong decision." Looking at the slightly simple signing ceremony, there was no champagne and no heavyweight guests, but Chen Qiaoshan was already very satisfied.
This is a game of capital. As long as you get a check, no one will care about anything else.
Elliot glanced at Chen Qiaoshan and said meaningfully: "Chen, as long as you have money, any decision you make is correct."
Chen Qiaoshan smiled in his heart, perhaps this is the real version of "the boss is right".
After signing the contract, the organizer proposed to take a photo. There was a Sina's own media reporter at the scene. Such a good publicity opportunity, Sina will naturally not miss it.
Chen Qiaoshan was only going to be a spectator, but Yan Xiaoqin was still pulled onto the stage.
When the president of Sina Hong Kong saw Chen Qiaoshan, he felt a little disgusted. He asked Yan Xiaoqin: "Miss Yan, who is this?"
Yan Xiaoqin smiled slightly and introduced: "This is Mr. Chen, he is the venture capitalist of our forum."
The man should be a mainland Hong Kong person with a little Qin Opera speaking Mandarin. He looked at Chen Qiaoshan and said, "Hello, Mr. Chen, I don't know where it is?"
"Qingshan Capital."
The man was stunned. Obviously, he had never heard of this venture capital fund, but he didn't ask in detail.
At this moment, everyone had already divided the guest and host into their positions. Yan Xiaoqin was in the middle, Chen Qiaoshan followed her and then Wang Sifeng was frozen forever as the spotlight flashed.
...
Without an external celebration banquet, Chen Qiaoshan sent Elliot away, who was full of complaints and took a few people to the fourth floor of the Four Seasons Hotel in Central Financial Street.
No matter how pretentious a person is, he has no desire to complain in front of the check. Chen Qiaoshan is in a very good mood. "Now we are the only ones left. Today I will treat you to you and have a taste of the authentic French meal."
Liu Chang looked at the interior of the restaurant and couldn't help but whisper, "This world really belongs to your capitalists."
It’s not that she has seen the world. The major financial circles in Yanjing are actually not bad at all. They may be more generous than Hong Kong. After all, Hong Kong is much more cramped, but the gap in high-end service industry is still very obvious.
Chen Qiaoshan said: "What do you mean? You should call us now. You and Lao Wang are also part of the capitalist."
"You are capitalists, I'm not." Liu Chang was stubborn, but no one was concerned about her.
Wang Sifeng said, "It's just the four of us, don't you have to set up a private room, right?"
This store is a famous Michelin three-star hotel in Hong Kong. Chen Qiaoshan also booked it in advance, otherwise there would be no location at all.
"Where you eat today is not important, what you eat is not important, the most important thing is that everyone should have a happy life."
The few people couldn't help but laugh and felt very relaxed. From now on, everyone here has become successful people with huge net worth.
Wang Sifeng is already a senior employee of Sina. He is directly responsible for Wang Yan and takes on the responsibility of reorganizing Qingshan Forum, Sina Forum, and Jin Yong Inn. He will not mention the high salary. The dividends he received this time are enough for him to live a prosperous life.
Liu Chang holds 5% of Kangsheng's equity. According to the first round of financing, she is worth one million yuan. As for Yan Xiaoqin, there is no need to mention it.
Looking at the surrounding environment and thinking about the past, Liu Chang couldn't help but say, "Do you remember the first time we had dinner together? Wang Sifeng had no money to treat him, so he asked us to take advantage of Chen Jinkai's. As a result, that boy put his pigeons on him, and in the end I bought the order. You don't know, I felt sorry for me at that time. I had a salary of half a month, and I was gone for a meal."
The few people couldn't help laughing. Less than a year has passed, but it also makes people feel that things are changing.
Yan Xiaoqin said: "Sister Chang, you don't have to worry about the money for a meal in the future. Even if you eat a big meal, you will never be able to eat poorly."
Liu Chang laughed and said, "Why should I eat his? It's not more cost-effective to eat yours? Besides, he hasn't seen a penny of money yet, so he is still a poor man."
The contract was signed, but the equity delivery was not completed immediately.
In the VIE architecture, tax avoidance is a very important factor. Building this structure is equivalent to recreating a price dual-track system.
Mergers and acquisitions are completed at home, but most of the funds are paid overseas, and tax avoidance is implemented using related policies.
Chen Qiaoshan knew that in the VIE structure, tax avoidance and tax evasion are difficult to define because this structure itself is in a gray area.
...
There is no secret on the Internet. That afternoon, the news of Sina's acquisition of Qingshan Forum for tens of millions of dollars hit the headlines of major portals.
I am in Hong Kong and I am not sure about the situation in China. It was not until I returned to the hotel at night that everyone received the news.
This is a hot topic online, buying a forum for 10 million US dollars has completely consolidated the rumors that have been around some time ago. It seems that the spring of the forum is really coming, and similar arguments are emerging in various commentary articles.
Yan Xiaoqin was a little worried. Although Sina had agreed to focus on Wang Sifeng's press release, no one could guarantee that her identity would not be dug up by the reporter. "What should I do? The reporter will not report me, right?"
If you can't keep your fire from being covered, Yan Xiaoqin's identity will definitely not be hidden.
A talented woman from Peking University, an entrepreneurial hero... Think about these news points, if they don't post them, Chen Qiaoshan feels frustrated. He doesn't believe that Sina will keep it secret. Such a good hype opportunity, it's a ghost if you don't push it.
Chen Qiaoshan didn't make it clear, and he comforted him: "Don't worry, you have to stay in Hong Kong for a few more days. If the news cannot be hidden, no one can find us. It will calm down after a while and will not always stare at us."
Yan Xiaoqin glanced at him, but the worries in her heart did not diminish at all.
Chapter completed!