Ch. 1041 / 1046100%

Chapter 1041 - 1038: Fengshun Investment’s Grand Maneuver! Xu Fei Is Stunned!

~7 min read 1,239 words

"This guy is really a bit tricky!" Xu Fei secretly said.

The negotiation hasn’t even started yet.

The other party already delivered a harsh blow.

Facing the situation with Luofeng, Xu Fei said, "I also think Mercedes Benz isn’t great, but there’s a problem with Audi’s approach. Their huge discounts have harmed Audi’s own brand value! So Audi’s products don’t look as high-end as Mercedes Benz, or even BMW!"

Xu Fei refuted.

Making sure not to be at a disadvantage.

"Actually, it’s not Audi devaluing its own brand; maybe they are self-aware? If they truly had hard power, they wouldn’t worry about sales, right? Only a fool would lower prices and offer discounts?" Luofeng laughed.

This implied Ai Enterprise; if they weren’t troubled, why would they sell?

Xu Fei awkwardly smiled, "Maybe?"

Luofeng smiled and changed the topic, "By the way, can you handle spicy food, Mr. Xu?"

"Sorry, not really!" Xu Fei shook his head.

It’s not that Xu Fei wasn’t being modest; it’s just that now he was in a head-to-head confrontation and had to be a bit more assertive.

The weaker party often wants to prove something through these interactions.

But more often than not, your lack of strength is still noticeable to others.

Like in a group of good friends, there’s always someone who tries to stand out, claiming incompetency here and there, actually just out of insecurity, trying to prove themselves, trying to be the center of attention.

"We booked a porcini-themed lunch. Although it’s Sichuan-style, it’s generally not spicy; for example, there’s pan-fried porcini slices and porcini chicken soup, none of which are spicy!" Luofeng said casually.

Xu Fei silently sighed; he originally thought if the other party wasn’t fully prepared, he might have a chance to turn things around, but he miscalculated.

Luofeng had already made arrangements.

.....

In the private room of Da Ming Fu Hotel, eight people sat around a large round table.

The dishes were served very quickly.

In just ten minutes, the dishes started coming up one after another.

A girl with an attractiveness score of around eighty was explaining the dishes to everyone.

Luofeng didn’t pay much attention to the girl’s figure, while several men from Xu Fei’s team were clearly interested.

After all, a girl with a score of eighty isn’t bad at all.

Many big celebrities and top streamers without makeup are actually in this score range.

Xu Fei spoke, "Mr. Luo, what’s your view on our Ai Enterprise?"

Luofeng smiled, delivering a direct blow, "Before answering that question, let me ask you: is your Ai Enterprise genuinely planning to sell, or are you just playing hard to get?"

Xu Fei was a bit dumbfounded; he understood what Luofeng meant: was he going all in from the start?

The point is to first confirm whether Ai Enterprise really intends to sell or not?

This premise is not simple at all.

"Of course, we want to sell!" Xu Fei said.

"In that case, let’s wish for a successful deal!" Luofeng raised his glass.

Xu Fei was silently speechless; this Luofeng is something else, celebrating before the negotiation even started?

Xu Fei thought, having lost ground here, he would try to make up for it at the table.

But after two drinks, a few people started feeling it, whereas Luofeng seemed completely unaffected?

"Boss Luo, how about another drink?" Xu Fei invited Luofeng to drink again.

Luofeng chuckled to himself.

Knowing Xu Fei’s sneaky intentions.

Did he look like someone who can’t hold his liquor?

He certainly wasn’t one to fall easily.

In such a big setting, going to the table, does one dare to not have some stamina?

"Boss Luo! How do you plan to acquire our Ai Enterprise?" Xu Fei asked.

"You have an AB stock framework, right?" Luofeng said.

"Yes!" Xu Fei nodded.

"I believe you’ve also investigated our Fengshun Investment; we have 100% cash to acquire Ai Enterprise!" Luofeng said.

"We know the strength of Fengshun Investment, but Boss Luo, why don’t you first tell us about the acquisition plan?" Xu Fei said, understanding Fengshun Investment’s strength; otherwise, he wouldn’t have been sent here to test the waters with Luofeng.

Facing Xu Fei’s inquiry, Luofeng began, "We have two plans. Chen Ping, why don’t you explain?"

"Yes, Boss Luo!" Chen Ping nodded at Luofeng, then looked at Xu Fei’s team, saying, "The first plan is to create a new class C stock based on Ai Enterprise, splitting the original class B into new B and C classes. The C class would have higher voting rights, giving us 66.7% stock control!"

"You want absolute control?" Xu Fei was a bit stunned.

Why would a financial company want absolute equity control of a video site?

Xu Fei didn’t underrate Ai Enterprise, but given the size of Luofeng’s Fengshun Investment, they wouldn’t typically be interested in small fry like Ai Enterprise, right?

"So what’s the second plan?" Xu Fei asked.

"The second plan involves forming a new company as leverage, and you put up Ai Enterprise as leverage. We swap resources! Cross-holding!" Luofeng explained.

"General Chen, could you elaborate on the first plan?" Xu Fei said.

"Are you looking for a cash acquisition, or will there be other methods?" Xu Fei added.

Chen Ping said, "Under the first plan, we can offer a cash acquisition, but we require a gambling agreement."

"A gambling agreement?"

"Yes! In recent years, Ai Enterprise has been lukewarm with significant losses, right?" Chen Ping said.

Xu Fei couldn’t deny it.

Despite some recent progress.

They were still no match for QQ.

"So how would the gamble work?" Xu Fei asked.

"First, control the losses and explore profitable points! Eventually, aiming for profits and stock prices to soar together!" Chen Ping said.

Xu Fei was silent.

They were expected to guarantee this? How could they manage it?

"Boss Luo, could we sign a confidentiality agreement first before exploring the second cooperation plan and then decide which one to choose?" Xu Fei said.

"Of course!" Luofeng nodded, "Let’s finish eating first; we’ll go back to the company afterward and discuss in detail!"

Around two in the afternoon.

The group returned to Fengshun Investment.

In the conference room, both legal teams finalized the confidentiality agreement signing.

After signing the agreement, Xu Fei arrived at Luofeng’s office.

Chen Ping picked up two documents, handed them over, "Mr. Xu, take a look. This file contains information on the companies under Fengshun Company control! We have a total of 19 media companies; your Ai Enterprise is the last piece we want to acquire to complete our portfolio!"

Xu Fei quickly scanned the materials, growing more and more astonished.

Fengshun Investment had already acquired several well-known media companies.

With just a long video platform missing, they could become The Sixth Media giant.

"You..." Xu Fei looked at Luofeng with a complex expression.

"Boss Luo, how much did you spend acquiring these media outlets?" Xu Fei asked, trembling.

Luofeng nodded.

"About eighteen billion!" Chen Ping, with Luofeng’s nod of approval, spoke, "And all were acquired with cash, 100% ownership. The value of these assets, once integrated, will further increase. According to our estimates, it’s currently worth no less than twenty-two billion!"

[Requesting monthly votes, recommendation tickets. Everyone with monthly votes, please send some my way; thank you, on my knees, seeking everyone’s recommendation tickets. They’re refreshed daily, will go unused if not given. You can vote for the author.]

End of Chapter

Ch. 1041 / 1046100%
Ch. 1041 / 1046100%