Li Zhi was unaware of how "Little Gem" was arranging the funds in hand, but in the next two days, an unexpected event occurred at Fishery Port No. 5 that caught him off guard.
A formal acquisition invitation document was placed in front of Li Zhi, personally delivered by Yi Qiu Shuang, requiring Li Zhi to review it promptly and personally.
Looking at the excited expression on "Little Gem's" face, Li Zhi frowned and asked, "What is the origin of this North Wind Food Manufacturing Company?"
Is it possible for someone to want to acquire their own company without feeling any anger or worry, but rather with excitement in front of the boss? Is this intentionally trying to cause trouble for Li Zhi? In their respective companies, each of the main fish ball manufacturing plants can generate a net profit of over half a million dollars per day. Why sell it when it's doing so well?
Is it a matter of money?
Unless their mind is in a whirl! Otherwise, even if Li Zhi were beaten to death, he would not sell the company.
Yi Qiu Shuang explained, "The North Wind Food Manufacturing Company is a wholly-owned subsidiary of the North Wind Venture Group, one of the top ten conglomerates in Fishery Port No. 5, with a market value in the trillions."
"So what?" Li Zhi asked, furrowing his brow.
"What?" Yi Qiu Shuang was taken aback. Why does the boss seem a little upset?
For the first time, Li Zhi spoke sternly to "Little Gem," and for the first time, he felt a burning sensation in his heart. To be honest, Li Zhi had been quite generous to this "Little Gem," increasing their starting monthly salary from over ten thousand to a current monthly salary of one hundred thousand in just a few days. Money hasn't been spared, and neither has power, but what's the result?
The company's invitation has made her very excited.
What benefits does selling the company have for her?
"Do you want me to sell our fish ball company to North Wind Food Manufacturing Company?" Li Zhi asked sternly.
"Does the boss think we shouldn't sell?" Yi Qiu Shuang stared at Li Zhi with wide eyes and said, "As a significant wholly-owned subsidiary of North Wind Venture Group, North Wind Food Manufacturing Company's market value exceeds five billion." The invitation also clearly states that they can acquire at a premium and will leave us with ten percent of the shares. In the future, our fish ball company can continue to exist as a branch of North Wind Food Manufacturing Company by rebranding the fish balls as the 'North Wind' brand. This change will be more beneficial for expanding our market reach!
"Are you out of your mind?" Li Zhi suddenly scolded. "Are you truly lacking intelligence, or just pretending to be?" If you want to cling to someone, go do it yourself. Is there any need to invest in my company? Triple the bargaining? Not only do they want to acquire all of our factories, but they also want to take over all the technology for producing fish balls in the factories. Do we lack that little money? "Ten percent of the shares of the entire company are now mine, and I'm expected to assess the value of that ten percent?"
"North Wind Food Manufacturing Company also mentioned that they will inject ten billion dollars into the company." With this ten billion, we can directly build a super manufacturing plant, and then…"
"And then what?" "Then the fish ball company will have no relationship with us," Li Zhi interrupted. "Are you absolutely certain that after putting in so much effort, they will still hand over the company to you to manage?" Even if they entrust you with management responsibilities, if you take actions that make them uneasy within a year or so, they may not only strip you of your position but also your responsibilities without justification. This is because they are the primary shareholders of the company and possess the ultimate authority to make such decisions.
This is secondary; let alone triple the bargaining, even if they offer Li Zhi a price of a hundred billion, he will not sell. He has never heard of North Wind Venture Group. Does it have any relationship with him being one of the top ten conglomerates in Fishery Port No. 5?
After selling the technology for making fish balls, how can Li Zhi earn 15 billion in a short period of time? While the Sea Star is indeed a unique manufacturing site, it is only suitable for industries related to fishery resources.
In Li Zhi's hands, he holds the mature industry of "fish ball manufacturing." Letting go of it would be like cutting off his source of wealth. He would only be willing to do so if he were peculiar.
Yi Qiu Shuang felt very aggrieved, especially deeply so. She was actually thinking about Li Zhi. Although Li Zhi's fish ball company is currently very profitable, who can say for sure what will happen in the future? If she secures a position at North Wind Venture Group, will it be the same as it is now? Even if she only receives a small benefit from them, it is better than Li Zhi's current situation.
Although the shares are reduced, they become more valuable. Which option is more profitable? Can't he calculate this account?
When will the fish ball company reach a net worth of ten billion dollars? No matter how you look at it, Yi Qiu Shuang feels that it is better to accept this acquisition invitation. Will North Wind Food Manufacturing Company be unhappy after rejecting the proposal? Has Li Zhi considered all of this?
Not to mention, the parent company of North Wind Food Manufacturing Company, North Wind Venture Group, along with North Wind Food Manufacturing Company itself, aims to eliminate Li Zhi's "Little Fish Ball" company. In her opinion, it's just a matter of sneezing or blinking.
Li Zhi took a deep breath. He probably needs to reposition "Little Gem" in his heart.
"Decline the acquisition offer from North Wind Food Manufacturing Company." "The company is currently operating well, and we have no intention of selling it," Li Zhi said sternly.
"But..."
Li Zhi waved his hand to interrupt Yi Qiu Shuang and shook his head, "There's no 'but.'" The company will absolutely not be sold. Please go out and carefully consider your starting point, your thoughts, and the outcomes. Please write a detailed report for me to review later. This is closely related to your future position, and I hope you will be cautious. Now, go.
Yi Qiu Shuang left Li Zhi's office feeling somewhat dejected. When she returned to her own office, she sat there in a daze. Overall, Li Zhi's fish ball manufacturing company currently operates only five primary fish ball manufacturing plants, with a total value not exceeding twenty million dollars. The acquisition offer from North Wind Food Manufacturing Company is sixty-seven million dollars, which is almost three times the current market value of Li Zhi's fish ball manufacturing company.
After the acquisition is completed, North Wind Food Manufacturing Company has announced that they will inject ten billion dollars into the company. Additionally, Li Zhi's 10% shareholding will not be diluted, and he will continue to serve as the general manager of the fish ball manufacturing company. Yi Qiu Shuang thinks it's quite good. Not only does she gain profit, but she also enhances her reputation and indirectly establishes a connection with North Wind Venture Group, which will greatly benefit Li Zhi's future endeavors.
"At least that's what she thinks!"
What is the reason Li Zhi is unwilling? Is the price too low? Sixty-seven million plus a billion worth of shares; this price should be reasonable. If the current fish ball manufacturing company continues to generate income at the current rate, will it remain profitable?
Yi Qiu Shuang suddenly widened her eyes, realizing that she had overlooked a problem: the issue of the speed of earning money.
Or rather, when she saw the acquisition offer from North Wind Food Manufacturing Company today, she was momentarily blinded by an inexplicable surprise.
Now, looking back, what is there to be happy about? Is it because North Wind Food Manufacturing Company is a wholly-owned subsidiary of North Wind Venture Group? Her surprise definitely did not come from North Wind Food Manufacturing Company, but from North Wind Venture Group. But being acquired by North Wind Food Manufacturing Company does not mean she has a connection with North Wind Venture Group.
If they continue to expand according to their current strategy, their sales channels will not be interrupted, and the speed of revenue generation will not decrease. The fish ball company is like a snowball; the more it rolls, the bigger it gets. Not to mention, in a few years, or even a year from now, she can't be sure that when she meets the CEO of North Wind Food Manufacturing Company again, it won't be on equal terms.
Li Zhi, in his office, is unaware of the changes in Little Gem's mind. All he feels is disappointment. He is so disappointed. Not to mention, North Wind Food Manufacturing Company is merely a wholly-owned subsidiary of North Wind Venture Group. Even if North Wind Venture Group wants to invest in their fish ball manufacturing company, they should at least show some sincerity. Can this acquisition invitation make him look at them with respect?
It's not that he's against working with others. If a large conglomerate genuinely wants to collaborate with Li Zhi, he is open to cooperation as long as they can offer sufficient benefits that will enhance Li Zhi's future prospects.
Money can never be earned enough, and it's better to have more allies than enemies. The premise is that it must be equal. Unequal cooperation only exacerbates cracks.
Even if he wants to cooperate, it's not now. Li Zhi's fish ball manufacturing company is still too small at Fishery Port No. 5. It has potential, but others may not see it as clearly as Li Zhi. No matter how big its potential is, it doesn't matter. If North Wind Venture Group is willing to invest two billion US dollars, Li Zhi can offer them forty-nine percent of the shares.
Because North Wind Venture Group anticipates a substantial return on this investment in the future, and Li Zhi urgently requires the funds. North Wind Venture Group is focused on earning future profits, while Li Zhi is focused on the present. There is no issue of short-sightedness, only a matter of necessity.
Can the decision-maker at North Wind Venture Group envision the future of Li Zhi's fish ball manufacturing company?
Probably not!
If he can't see it, will he be willing to pay two hundred billion to buy the controlling stake of Li Zhi's small fish ball manufacturing company?
The cooperation has not been reached, not because it cannot be achieved, but perhaps due to factors such as timing, purpose, or outcome.
What you see, think, and anticipate does not mean that others can see, think, and anticipate the same things!