Chapter 132 You all make money, only I lose
The next day, LISA came to the Lihua factory and signed a formal share transfer contract with Shi Guoqiang. The investor was a foreign-funded company registered in the Cayman Islands. Of course, both parties knew who the real boss was.
LISA also brought a working group to conduct a comprehensive investigation of Lihua's accounting data. This is also a matter of course. In the future, a financial representative will be dispatched to protect Wang Ye's rights and interests as a shareholder from infringement.
Silently, Wang Ye owned 20% of Lihua shares. Of course, he took on a large loan.
Lihua also received Huashang's large order, with a total amount of 1.2 billion yuan, and the expected gross profit can reach 300 million yuan.
Shi Guoqiang gave up 20% of his shares and earned 240 million yuan in advance. This money is his own and he does not need to enter the company account.
Of course, as Wang Ye brings more orders to Lihua in the next two years, he will still acquire shares in Shi Guoqiang at a valuation of 1.2 billion until he reaches the controlling stake.
Wang Ye did not intend to completely acquire Lihua. He just wanted to get the controlling stake. Even after obtaining the controlling stake, he would continue to let Shi Guoqiang manage the factory. This place will be just a production base in the future, and the controlling stake is just for more convenient control.
All procedures are complete, but there is another key link in the final effect, that is, Huashang's large order must be handed over to Lihua in real terms, rather than verbally speaking. That is, the order contract is sealed by both parties, and Huashang pays a part of the advance payment.
Of course, an order worth more than one billion is not a joke. Although it is within Wang Ye’s authority to decide which factory to cooperate with, the final stamp payment requires approval from Director Liu.
The company's finance department will also intervene in the review of such large financial expenditures. Of course, Wang Ye is not afraid of the review. The contract he signed with Lihua Factory is completely normal, and the quotation of this contract is even lower than that of the old factories that have been cooperating with Huamei International for a long time. Moreover, the production capacity of Huamei International's long-term cooperative processing plants cannot keep up, so it is reasonable for Wang Ye to find a new partner.
He knocked on the door and walked into Director Liu's office with a contract.
Seeing Wang Ye come in, Dong Liu smiled and greeted him: "Haha~ Our Mr. Wang is here. What are you busy with recently? I haven't seen you for several days."
"Hi, what else can I do? There are so many stores opening in October, and supporting the work is very critical. I am preparing these things in this period. Now, the estimates in the first half of the year are wrong, and there is insufficient commodity reserves. I will be busy choosing a new factory to place orders in the past few days."
Speaking of this, Dong Liu is naturally an expert. His face also became serious. "I feel relieved if you think of these. This also shows that you have successfully transformed your role from a manager of the investment department to a general manager of the business department. If you want to run a good brand, early investment is certainly the key, but later operations are the basis for determining success or failure."
Wang Ye nodded and said that he had been taught, and then took out the contract, as well as the accompanying product order quantity and price, which included the evaluation suggestions of the Commodity Department and the approval opinions of the Finance Department.
I saw the approval opinion of the Finance Department "reasonable price and can be enforced."
Mr. Liu had no objection. The Finance Department was all his confidants and would not fool him in such matters. Moreover, Mr. Liu was also an expert. After checking the price of orders, it was indeed reasonable. Because the quantity was large, the price of the same style was lower than the price given to the old cooperative factory in the previous batch.
As for how Lihua Factory impressed Wang Ye, it stood out among the factories. Did it give Wang Ye any benefits, such as valuable gifts or temptations of beautiful colors? Director Liu was not interested in knowing, and he didn't care. This was inevitable. As long as the price was reasonable and the company did not suffer any losses, no matter how broad it was. When the water was clear, there would be no fish! These were also considered the benefits of Wang Ye as the general manager of the business department.
But what he didn't expect was that Wang Ye used this invisible welfare to the extreme. With the power of large orders, he took advantage of the recession of the foreign trade industry and directly acquired 20% of the shares of Lihua, a large factory, and even reached the control within two years!
Under the same conditions, some people are satisfied with getting some kickbacks, while others will get something that others cannot imagine. This is what Wang Ye likes and is best at "taking advantage of power"! Anyone who achieves great things is a master who takes advantage of power.
What's even more rare is that while Wang Ye maximizes his own interests, he also tries to make win-win for all participants. This considers his control over the standards and people's hearts.
Take this time I bought the Lihua stock with the order. Participants include Huamei International, Citibank, Lihua Factory, and Wang Ye himself.
First of all, Huamei International placed orders normally and received preferential prices. Moreover, the partner is a powerful foreign trade manufacturer, and the clothing produced is of quality assurance.
Citibank provided 240 million yuan in cash required to acquire shares. Let’s talk about the risk of this loan first, but there is basically no, because Wang Ye used the 20% of the shares he acquired as collateral. After Wang Ye promised that the valuation of Lehua Factory, which could steadily obtain large orders, was far more than the valuation of 1.2 billion yuan at the time of acquisition. Citibank’s valuation of it has been raised to 2 billion yuan again.
In other words, the actual value of the shares Wang Ye has reached 400 million, and it is used to mortgage the 240 million loan, so there is no problem.
Moreover, during this operation, Citi has released a large loan with risk-free and stable returns. It also brought closer relationships with Wang Ye, a high-quality customer with unlimited potential, and laid the foundation for higher-level cooperation in the future.
As for Lihua Factory, before Wangye acquired shares, most of its production lines were shut down and were on the verge of loss. If they could not receive orders again, their valuation would continue to decline.
After being invested by Wang Ye, his boss Shi Guoqiang received 240 million yuan in cash, the factory received a large order of more than one billion yuan, and there would be a larger order later. The factory's valuation immediately jumped to 2 billion yuan. The remaining 80% of the shares in Shi Guoqiang's hands were worth 1.6 billion yuan, which was higher than the 100% shares a few days ago!
Has anyone suffered a loss in this transaction involving multiple parties? No!
Everyone was very happy, and everyone felt that they had made a profit.
Yes, everyone makes money, but Wang Ye loses alone, and his net worth is over 100 million...
Director Liu nodded with satisfaction: "I also know that Lihua Company is a major foreign trade manufacturer, it is said that he has done OEM for Chanel Armani, so his strength is fine."
He walked back to his desk with the contract, signed his name, picked up the company seal and stamped it.
After getting the contract signed and sealed by Director Liu, Wang Ye's series of plans finally had a perfect ending.
Chapter completed!