Chapter 58
Acquiring Penguin Shares and Taking Over Pang Feiyan's 1 Corner
A few months ago, Zhou Yan visited Tencent and offered eight million yuan for 30% of the shares.
But he was rejected by Little Ma.
After Zhou Yan left, Brother Ma also regretted it.
That's eight million!
It's worth noting that the price was reduced to 600,000 before anyone took it.
Although Tencent has grown significantly in recent years, the eight million offered by the other party is still quite a lot.
Looking at the lawyer's letter in his hand, Pony Ma convened a meeting.
At the meeting, Zhou Yan's initial investment was brought up again.
"We only have a little over ten thousand yuan in our account right now, and we can no longer afford the server hosting fees."
"If this continues, the penguins will only be courting death."
"I accept their investment."
"I accept it. Eight million for 30% of the shares is not a small amount."
"I think so too."
……
Everyone knows that eight million is just a drop in the bucket until a profitable business model is found.
It will run out sooner or later.
The most important thing now is to find a profitable business model.
"I'll call them," Little Ma sighed, deciding to talk to Zhou Yan.
Ma Ying-jeou is now penniless; he can barely afford to fly.
But in order to close this deal, he decided to fly to Kyoto himself.
Zhou Yan was overjoyed to receive Xiao Ma's call and immediately arranged a place to meet.
After meeting, the two sides didn't waste any time and went straight to the point.
"Penguin can sell you 30 percent of the shares, but eight million is too little."
"So, what do you think is a suitable amount?" Zhou Yan asked, looking at the young man in front of him.
"Twenty million," Little Ma demanded, making an outrageous demand.
Zhou Yan laughed when he heard what Little Ma said.
"Mr. Ma, I've come here with sincerity, and I hope you'll be more honest in return."
"Just because I don't say what the current situation is with Penguin doesn't mean I don't know."
"Nobody knows whether the penguins will survive."
"In other words, my eight million might be gone."
"And given Tencent's current valuation, don't you think I'm being ripped off by spending 20 million to acquire 30% of the shares?"
Although Ma was a little embarrassed, he was a businessman.
A strong inner self is essential.
"So, how much are you willing to offer?"
"Eight million is really too little."
"Our company urgently needs money right now."
"Since you're so optimistic about Tencent's future, why not invest more?"
"Perhaps, it was just a hair's breadth away from bringing it back to life!"
Little Ma wanted to persuade Zhou Yan.
"I'm a businessman; empty promises won't work on me," Zhou Yan said, unmoved.
Little Ma seemed somewhat dejected.
"But the fact that you came in person shows that you have come with great sincerity."
"In that case, I'll compromise. Ten million RMB for 30% of Tencent's shares. It's either a deal or it's not!"
Zhou Yan's attitude was very firm.
"This..." Little Ma pondered.
"Okay," Little Ma finally agreed.
"Great! I'll have a lawyer draft the contract. Once it's signed, I'll make the payment immediately," Zhou Yan said, his heart pounding with excitement.
"it is good."
Zhou Yan and Xiao Ma went to a law firm and signed a contract.
"It's a pleasure working with you."
"It's a pleasure working with you."
The two people held hands together.
After seeing Little Ma off, Zhou Yan could no longer contain his excitement and burst into laughter.
That's a penguin, you know.
After returning home, Brother Ma told everyone the news.
Everyone finally breathed a sigh of relief.
"Mr. Ma, this ten million can solve our immediate problem, but it's not enough. We need to continue to raise funds."
"The country is about to hold a high-tech achievement trade fair in Shenzhen, and I think this is an opportunity."
"How many shares should we give up?"
"At most 10%, any more than that and we'll be in danger."
"I agree."
"Okay, I'll get ready and go check it out myself," Little Ma accepted everyone's suggestion.
Little Ma was busy developing the business plan.
The others weren't idle either.
They used the newly acquired 1000 million boost technology to improve hardware issues such as servers and bandwidth.
On the other side, Pony Ma was running around the entire exhibition booth with his business plan.
But only two companies were interested.
One is IDG, and the other is Hong Kong Pacific Century Group.
Because of Zhou Yan's large investment, this has become Penguin's greatest asset and resume.
Little Ma started making empty promises to the two of them.
IDG and Hong Kong Pacific Century Group were very interested, but unfortunately, Pony Ma was only willing to sell 10% of the shares.
And it's not cheap—$110 million.
IDG didn't value Penguin; they were hoping to profit from the acquisition of Penguin after seeing ICQ in the US being acquired by American Online for nearly $3 million.
Hong Kong Pacific Century Capital's motives were not simple either. They did not value Tencent, but hoped to use Tencent as a springboard to enter the mainland market.
After weighing the options, Yingke Capital and IDG spent a total of US$1.1 million to acquire a 10% stake in Penguin, with each company holding 5%.
With these two investments, Tencent's financial crisis has been temporarily resolved.
Penguin is increasing its software development and improvement efforts to widen the gap between itself and its competitors in the market.
At the same time, IDG and PCCW also helped resolve the legal dispute between Tencent and ICQ, after which QICQ was officially renamed QQ.
……
Zhou Yan wasn't idle either; through his efforts, he helped Fan Binbin secure a role.
Pang Feiyan, the second female lead in the first season of "Young Justice Bao".
She's supposed to be the second female lead, but she has far fewer scenes than the first female lead, Ling Chuchu.
Pang Feiyan first appears in "The Mystery of the Hidden Village," but she has no role in the previous two episodes.
Zhou Yan personally brought Fan Binbin to the audition for "Young Justice Bao".
To increase the success rate, Zhou Yan also provided one-on-one tutoring for Fan Binbin.
Zhou Yan was not qualified to be a teacher, but he had watched "Young Justice Bao" many times and knew Pang Feiyan's personality traits.
Zhou Yan guided Fan Binbin towards the personality traits of Pang Feiyan.
To this end, Zhou Yan also wrote a "biographical sketch" of Pang Feiyan for Fan Binbin so that she could remember it.
Fan Binbin really went all out to reunite with Zhou Yan as a "couple with sworn enemies".
She spends every day thinking about how to play Pang Feiyan well.
Fan Binbin is very talented in acting. In her previous life, she played the role of Xiao Qingting in the second part of "Young Justice Bao".
The little dragonfly and Pang Feiyan have some similarities.
With Zhou Yan's guidance, Fan Binbin was also able to portray that cleverness.
On the day of the audition, Fan Binbin was lucky enough to stand out from more than 100 girls.
He was competing with a girl named Liu Yijun for the last spot.
Fan Binbin has a much greater advantage than Liu Yijun.
Firstly, Fan Binbin has a character biography written by Zhou Yan, which helps with character development.
Secondly, Fan Binbin is well-known. Both "My Fair Princess" and "Little Li Flying Dagger" were hit dramas. Moreover, Fan Binbin has been featured in official media and has received nationwide attention and discussion. He is a representative figure of grassroots inspiration.
Thirdly, Zhou Yan and Chen Yong have a good relationship.
Everyone was willing to give Chen Yong and Zhou Yan face.
Compared to Fan Binbin, Liu Yijun is like an ordinary person compared to a rich kid.
They started from different points.
The resources available are different.
Even their network of connections is inferior to the other party's.
How to compete?
Therefore, Pang Feiyan was ultimately won over by Fan Binbin!
Gao Yuanyuan was also busy. She took on a short drama called "Li Zhi's Emotions," in which she played Yu Jing, a character with short hair.