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Chapter 8 The Embarrassment of the Industry's No. 3

For venture capital, capital is not the key, and the project is not the key, the core lies in the team.

Qingshan Capital is not large, and Chen Qiaoshan can barely deal with it. Jifu Asia manages funds of hundreds of millions of dollars, with many projects and unstable teams. It can be imagined that its impact on Zhou Zhengning is.

Kang Sheng’s accounts are naturally fine. After Ding Ju’s nitpicking audit, if other problems can be found, he, the new financial manager, doesn’t have to do it.

Since the problem cannot be found, both parties are naturally happy, but the matter has not been completed. The company must deal with the false news online.

Kangsheng has no public relations department, and there are no plans to deal with online public opinion. Fortunately, Jia Yinan, who was originally a reporter on the portal website, but now she has entered Qingshan Capital and is familiar with these things.

Since Zhou Zhengning is here, how could Chen Qiaoshan let him leave easily? After the account is checked, of course we have to talk about the setting of the company's board of directors.

According to the plan, Kangsheng will have five directors, and one to two more may be added in the future.

Board members adopt a cross-expiration term system, and Chen Qiaoshan clearly requires ensuring the rights and interests of major shareholders and adhering to the only veto.

According to this design, after the company goes public, if someone buys enough shares from the secondary market and attempts to reorganize the board of directors through an extraordinary general meeting of shareholders, no matter what the voting result is, as long as the board of directors is not passed, there is almost no possibility of success. Even if the extraordinary general meeting of shareholders cannot be held without the permission of the board of directors.

This is a Western routine that is adopted. The cross-term system has lengthened the board of directors' re-election cycle and can effectively curb malicious acquisitions.

This method also has many disadvantages, but it can maximize the rights and interests of founding shareholders, which is also the most beneficial to Chen Qiaoshan.

Zhou Zhengning is not satisfied with this plan.

Now Jifu Asia can check accounts and even interfere with personnel appointments and removals at the core level of Kangsheng. But once it reaches the board level, everything has to be followed by the rules. To be precise, it is to follow Chen Qiaoshan's rules.

For startups, the board of directors is not a must.

Although on the legal level, the board of directors obeys the shareholders' meeting, relatively speaking, there is a layer of separation between shareholders and the company, and some interest demands cannot be expressed effectively.

Zhou Zhengning felt a little regretful. Chen Qiaoshan was living today, and it is hard to say what he will do in the future.

At noon, Kang Shengwan invited Zhou Zhengning and his party.

Chen Qiaoshan couldn't drink, but the atmosphere was good during the meal, and it was inevitable that Jifu Asia's recent situation was mentioned.

"Mr. Chen, you and I are now a colleague. I would like to give you a suggestion. In the future, when the investment reaches the profit period, don't rush to spend money." Zhou Zhengning seemed to be forced to do it too much, and he was quite indifferent to the words. He spoke the truth after drinking. He sighed as a person who has experienced it for a long time.

Jifu Asia has successfully withdrawn from several projects one after another, and the entrepreneurial team also shared a large amount of dividends. It is said that sharing hardships and difficulties are easy, and sharing wealth is difficult. Once you have money, people will be dispersed, and the team will be difficult to lead.

Chen Qiaoshan agreed with a smile, but he didn't care much in his heart.

The situation of Qingshan Capital is essentially different from Jifu Asia. Chen Qiaoshan works for himself, and has no performance requirements. He personally selected the team members, which is relatively stable.

When it comes to finding projects, no one in China can match it. Even if the team disperses, Chen Qiaoshan's losses are limited. On the contrary, those who left midway will sooner or later understand what they have lost.

Jifu Asia was the first to invest in Kangsheng. Both sides were also interested in the act of sprinkling salt on other people's wounds, and he did not have the bad taste in this regard.

Chen Qiaoshan originally planned to find a project with short cycles and quick results. The two companies cooperated to make a profit, on the one hand, to bring the relationship closer, and on the other hand, he also wanted to make a fortune.

Chen Qiaoshan’s biggest advantage is his life experience that is more than ten years ahead of him. For him, the easiest thing is to choose projects. Unfortunately, due to funds, he is mostly powerless at the moment, and waste is shameful. Gathering Asia has strong financial resources and extraordinary background. It is a good choice for cooperation between the two parties.

During the meal, Chen Qiaoshan tentatively mentioned a few words, but Zhou Zhengning was not very active, so he didn't say much. Cooperation was about your love and my will. There was no need to force the project. Others were not interested.

…………

Qingshan Capital borrowed 100 million yuan from Bank of China and invested all of it into the framework, but this time it didn't consume much, and after completing the integration, there were still a lot left.

It is obviously unprofitable to idle funds. With Chen Qiaoshan's insistence, Tan Zhi began to expand, and his target was to target the advertising share of the financial industries in Beijing and Shanghai.

The framework is about residential print advertising, and Focus Media and Juzhong focus on the high-end office market. In this regard, Focus Media and Juzhong are life-and-death rivals. As the third in the industry, the framework is still not enough.

In the markets of Beijing and Shanghai, except for major business districts, only financial centers are left. These are all private places for focus groups and gatherings. If you want to break into the framework, you will have certain difficulties, but there are also opportunities.

For Chen Qiaoshan, this is a business test.

Both leading enterprises are in Shanghai and the framework is based in Yanjing. Therefore, Tan Zhi first attacked the business of Financial Street. I think it is known that when he goes to Lujiazui, he will only be surrounded and suppressed.

For the 2008 Olympics, Yanjing is carrying out infrastructure construction, and various five-star hotel projects have been launched one after another, and the Financial Street is also listed here.

InterContinental Hotel is the first luxury hotel on Financial Street and will be open at the end of the month. For such high-quality customers, Focus Media and Juzhong will naturally not let go, but in the end they were taken into account by the framework.

Tan Zhi took it seriously for the first time to expand his business outside the market. He knew the whole plan. The more trump cards he had in his hand, the more valuable the framework was. Therefore, this time he took action himself.

The subsidy war is not a patent more than ten years later. In 2004, Focus Media and Juzhong completed large-scale financings one after another, and then began an industry civil war. In the Shanghai Stock Exchange, the two companies invested huge amounts of money to compete for the market. Until now, they have not been able to decide the outcome.

In Yanjing, the two companies are much less informed, and now Focus Media and Juzhong are seeking to go public, so naturally there will be no exaggeration, so they are picked up by the framework.

In addition to Intercontinental, Framework has also won contracts for the Ritz-Carlton and Financial Street Apartments. Both of them have not opened, but the main project has been basically completed and will be put into use by the latest next year.

Needless to say, the Ritz-Carlton is usually the same type of hotel, but the Financial Street Apartment was named by Chen Qiaoshan.

Relatively speaking, the Financial Street is the real business district in Yanjing.

As a veteran, Chen Qiaoshan knew that Financial Street Apartment was not the best hotel. Of course, the Ritz-Carlton, then the Intercontinental, and later the Westin, were all crushing existences. Financial Street Apartment was even just four-star, but it was the most special existence.

The conditions of this hotel are average, not only the rooms are scattered, but even breakfast is outsourced. However, the people here are all capital players and do not value these things.

Next to the Financial Street apartment is the China Securities Regulatory Commission, so this place has become the first choice for running clubs. Those who live here are either the bosses of a listed company or the various IPOs hired by the boss. Moreover, this is the distribution center for news. If there is a slight disturbance next door, there will be a reaction here. Over time, it will have a bit of an intelligence station.

The contracts for these three hotels were all Chen Qiaoshan's intentions. He had no bad intentions and at best he had some pranks. Of course, outsiders don't know these, and they can only be considered as self-entertainment.

Financial Street is not just a hotel, but more of an office building.

In this regard, Tan Zhi's progress is much slower. The old building is basically divided up by Focus Media and Gathering. If the framework wants to get a contract, it must increase the entry rent. At this time, it depends on the team's ability.

Chen Qiaoshan did not intervene. Although Tan Zhi has been doing more of the capital broker business in recent years, he was a serious businessman in his early years. He invited people over and had the intention to learn.

Chen Qiaoshan didn't look for Tan Zhi, but Tan Zhi found it himself. The framework was in trouble and things were still very difficult.

"Mr. Chen, our main business is aimed at the community. Most of the advertising entities are consumer goods. Now that we enter the financial street, the audience has changed, and the property is also very picky. For example, InterContinental Hotel has requirements for advertising and must be reviewed in advance before it can be delivered." Tan Zhi was a little anxious. InterContinental is about to open, so they may not care about the vacant advertising space, but they are rented for money. If you put it late for one day, it means losing money.

Advertising is about the audience. Old Chinese medicine practitioners are not allowed to go to the table, so advertising will only appear in corners. Similarly, A-level office buildings do not match daily fast-moving consumer goods, so it is inappropriate to get together.

The problem lies with our own side, and we can't blame other people's hotel, and Chen Qiaoshan was also a little worried.

All contracts have been signed, and if they are idle because the advertising content is not up to standard, the framework will become a joke in the industry.

Chen Qiaoshan definitely didn't want to become a laughing stock. After thinking about it, he asked: "We don't have relatively suitable advertisements?"

Tan Zhi shook his head, but was quite helpless, "Intercontinental is the first luxury hotel to enter the Financial Street. The entrance rent is relatively high. We have corresponding plans, but they have high requirements and failed to pass several consecutive plans."

Chen Qiaoshan just wanted to curse. InterContinental was indeed the first to come, but it was also the first to get out of the way. He became the first five-star hotel to withdraw from the Financial Street. Looking at the Westin, it is truly down-to-earth.

Even though the intercontinental aloofness is not popular, Chen Qiaoshan can only complain in his heart that the problem lies with his own family, so he can only find a way to solve it himself.
Chapter completed!
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