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Chapter 472

Wang Yiyuan signed his name on the last document, then stood up and shook hands enthusiastically with Vice President Kong. The two sides exchanged texts. The flash lights flashed under the stage, and there was noisy and lively. At this point, the intermediary company and the intermediary service company in Beijing officially completed the handover.

Time is frozen and dust settles.

Management cadres of all the intermediary companies' stores and above, Ren Xueming, Du Jianfeng, Xiao Yunhua, Zhou Wanqiu and Wang Liping, as well as General Cao, General Zhou, etc., have witnessed the historic moment of the company's development.

The signing ceremony was held in the Gumida Company Conference Room. Wang Yiyuan, the office here, finally kept it himself. However, at this time, because the staff of Mr. Wu's real estate company had already begun to divert the research institute here, it was full of people and it was not particularly empty.

Originally, the Beijing company's intention was that the signing ceremony was held grandly in a high-end hotel in Shanghai. They felt that this was not only a high-profile publicity opportunity for the company to enter the Shanghai real estate agency market, but also a major benefit to their company's listing roadshow and sales in the future.

The reason why it was held in a low-key manner was because of Wang Yiyuan's persistence. He felt that no matter from which aspect, the cooperation between the two sides was a very small matter after all, so he was unwilling to mobilize many people because of this.

Of course, he didn't actually say the main reason. In fact, Wang Yiyuan has always disliked the feeling of showing up in the spotlight. He doesn't like to be honest, and he doesn't like to show off any popularity. He feels that putting himself in public and being watched is not his personality, nor does it fit his usual low-key style of dealing with people.

What he said to Mr. Cao was that selling an intermediary company was a heartbreaking thing to sell children, so there was no need for us to make a high-profile appearance, right? Mr. Cao finally agreed and recognized Wang Yiyuan's idea.

Since Wang Yiyuan and the other two returned from Beijing, they have put a lot of effort into strengthening and managing the operation and human resources of the intermediary company, especially in terms of network construction, company system and personnel management methods, and have directly learned from many good practices of Beijing companies.

Less than ten days later, led by Vice President Kong and another manager of General Manager Zhou, the due diligence team of this company in Beijing joined Wang Yiyuan and their intermediary company to carry out preliminary work.

Wang Yiyuan considered that the intermediary company had just begun to stabilize and that all business was still being vigorously promoted, so at that time, there was no such thing as the company's preparations for cooperation with the Beijing company.

Ten days later, on April 8, the two companies signed a memorandum of tender offer in Shanghai. Beijing officially hired Mr. Zhou's company to form an expert team to start a comprehensive audit of the intermediary company.

On April 8th, the construction of the Shanghai Disney Resort started. At that time, Mr. Cao was still joking and said, "We have chosen a good day, which is considered to be a blessing from Disney." When Shanghai Disney is completed in the future, I invite everyone here to visit Disney at that time."

Everyone was laughing at the scene. At this time, after this period of governance and rectification, the intermediary company had basically entered a normal business track. The next focus of work began to enter the stage of comprehensive quality improvement and pursuing efficiency.

The results of the audit of the expert team are basically the same as those of Wang Yiyuan and his intermediary companies. However, a serious problem arose next, and the two companies had great differences in the calculation of valuation.

According to the calculation method of the valuation of intermediary companies by Beijing companies, the relevant financial data of the intermediary company at the end of March is used as the basis, and the current net profit of the intermediary company is calculated based on the actual situation. The company's future net profit is compared with the current net profit to estimate a super value, and finally the value of the entire intermediary company is calculated using this premium level.

Wang Yiyuan and the others would definitely not agree to such a simple valuation method. Because at this time the intermediary company was still in the final stage of expansion, and many stores had not actually generated real profits. Using the operating profit data at this time as the basis for the valuation calculation of the intermediary company, their own company would definitely suffer a big loss.

On the other hand, Wang Yiyuan and the others have discovered at this time that the scale benefits of the intermediary company are gradually being revealed, and the future trend is very strong. If you take time, you will definitely become a very good "cash cow".

Therefore, Wang Yiyuan, Ren Xueming, Du Jianfeng and Kang Lixin agreed that if there is no suitable price, it is actually a good business to run an intermediary company by yourself and should be very promising.

As a result, due to the friction and contradictions between the two companies in valuation, over time, the cooperation between the two parties in the acquisition business was no longer so smooth and free, and they became unconsciously indifferent.

Under the commission of Mr. Cao and the company, Vice President Kong of Beijing Company has been staying in Shanghai. During this period, Wang Yiyuan found time to have a conversation with Vice President Kong in the company's office.

Wang Yiyuan talked about his views on the valuation of Beijing companies. He clearly told Vice President Kong that according to the current development trend, to a certain extent, selling the company is actually a not-so-effective choice.

Vice President Kong is actually just a leading role and has no final decision on the company's approach. He laughed and said, this is a plan made by our company's investment department, and the final decision depends on Mr. Cao.

Wang Yiyuan took out the report made by the financial consultant specially hired by the intermediary company and said that our financial consultant company is similar to our own judgment. I will not hide it from you. You can transfer this report to Mr. Cao for reference.

The financial consultant of the intermediary company is a Shanghai consulting company recommended by Mr. Zhou. Wang Yiyuan doesn’t know what their relationship is. However, all these open matters are handled by Mr. Zhou later, and Wang Yiyuan knows this.

Wang Yiyuan said that the conclusion of the consulting company is not the time, and it is not advisable to sell the intermediary company at a low price. Therefore, if our company's opinion does not meet the expected requirements in terms of valuation, then we would rather not sell it, but to support it ourselves first. In other words, the negotiations between us have to be temporarily suspended.
Chapter completed!
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