I Treat You as My Sister, But You Want to be My Wife?! -
Chapter 242: A Future without Limits_1
Chapter 242: Chapter 242: A Future without Limits_1
"Alright, then let’s vote," Meng Baitao said.
Although everyone had already expressed their opinions, procedure still had to be followed, with a vote to decide.
Soon, the voting was complete.
According to the results, it was unanimously decided not to bring in Penguin Group.
Dongyan Investment, as a shareholder that did not attend, effectively abstained.
"Good, now that we’ve made a decision, let’s discuss which other consortia to bring in."
Not introducing Penguin Group meant that other major consortia still needed to be considered.
Otherwise, the development of Yikang Pharmaceutical could definitely hit obstacles, and it might even be subject to a takeover.
Some large consortia, seeing a company with no strong backing yet huge potential, have many ways to force a takeover, leaving you utterly helpless.
"Shen Dong just told me that if he finds the investors, he’s willing to give up two percent of the shares," Meng Baitao paused before continuing.
"If the capital he finds is strong enough, I have no objections."
"Indeed, we wanted to bring in Penguin because we saw its strength; it’s the same with other powerful capitals."
"That’s also my view."
"I have no objections, either."
The shareholders expressed their opinions one after another.
They could understand that Shen Dong was willing to lose two percent of his shares and make such a request likely because he wanted to use this opportunity to expand his network.
After all, Yikang Pharmaceutical was a hot property, with too many large capitals interested in investing.
Having control over share distribution brought many benefits.
Whoever received the shares would owe a favor.
Initially, other shareholders were also vying for this right to distribute shares.
But upon hearing that Shen Dong was willing to let go of two percent, they no longer harbored the idea of competing.
They were not going to relinquish any of their shares.
They still felt it better to keep a tight grip on their shares.
"Since no one has any objections, I’ll inform Shen Dong and transfer the distribution rights to him," Meng Baitao said with a slight smile.
...
On Shen Dong’s side.
Having received a call from Meng Baitao and learned of the shareholders’ decision, he was very pleased.
He did indeed intend to use this opportunity to further expand his network.
After the call, just as he was considering which major groups to invite to invest in Yikang Pharmaceutical, his phone rang.
Glancing at the caller ID, he found it was Wang Xiaocon calling.
"Mr. Wang," Shen Dong answered the phone.
"Shen Dong, I’ve arrived in Hai City, just got off the plane. Where are you?" Wang Xiaocon asked.
"I’m at Dongyan Media," Shen Dong replied.
"I’ll come to find you right away," Wang Xiaocon said.
"Do you need something?" Shen Dong asked.
Hearing the urgency in Wang Xiaocon’s tone, it seemed he had an important matter at hand.
"I’ll tell you when I get there," Wang Xiaocon said.
"Alright, I’ll send you the address," Shen Dong replied.
"Okay," Wang Xiaocon said.
After hanging up, Shen Dong sent the address to Wang Xiaocon.
At the same time, he wondered what Wang Xiaocon was doing in Hai City looking for him?
Based on Wang Xiaocon’s character, it must be an important matter that prompted him to seek Shen Dong out immediately after landing.
Unable to figure it out, he simply stopped trying to guess.
An hour later, Wang Xiaocon arrived at the company.
The receptionist led him to the waiting room, where he met Shen Dong.
"I’ll say, Shen Dong, your company’s doing pretty well," Wang Xiaocon observed as he looked around and found that Shen Dong’s company was indeed well put together.
The environment was nice, and from the decoration style, it was obvious that Shen Dong was a man of taste.
This was his first time visiting Shen Dong’s company, and his impression was favorable.
"Please, take a seat," Shen Dong gestured for Wang Xiaocon to sit down and poured him a cup of tea.
"Thank you," Wang Xiaocon nodded and sat down.
"What brings you to my place?" Shen Dong asked.
"Just missing you," Wang Xiaocon replied with a laugh.
"Let’s talk business," Shen Dong said, rolling his eyes.
"Alright," Wang Xiaocon took a sip of tea before continuing, "I’m here because our Qianda Film and Television is looking to set up a video website to round out our presence in the film industry."
"Not bad," Shen Dong said with a smile.
For Qianda Film and Television to run a video website was a natural move.
Penguin Film Industry had Penguin Video, and Ali Film Industry acquired Youku Video.
With powerful capital behind it, Qianda Film and Television could definitely compete with Penguin Video and Youku Video.
Plus, with Wang Xiaocon now having Dongsheng Company and having acquired a lot of drama rights, establishing a video website was timely.
"Shen Dong, after discussing it with my dad, we’ve decided to offer twenty percent of Qianda Film and Television’s shares to you in exchange for a deep partnership with your Lixing Company," Feng Lijuan said.
Shen Dong was taken aback at these words.
Twenty percent of the shares was a significant offer indeed.
Shen Dong said, "Mr. Wang, I’m already a shareholder of Qianda Film and Television. Setting up a video website and partnering with my Lixing Company is naturally not an issue, but you don’t have to do this."
Wang Xiaocon smiled, "Shen Dong, we’re offering you the shares under one condition, which is that for the drama rights distributed by your Lixing Company, we won’t pay cash. We’ll have exclusive distribution rights, paying only the normal licensing fees. How does that sound?"
"Mr. Wang, with this condition, I’m still getting the better end of the deal," Shen Dong said.
The shares of Qianda Film and Television were extremely valuable.
Even holding just one percent of the shares had made the head of Jiahua Film and Television wary.
With twenty percent of the shares, one could practically do as they pleased in the film industry.
"In my view, it’s me who’s getting the better deal," Wang Xiaocon said with a smile, taking out a contract from his briefcase and placing it in front of Shen Dong, "This is the contract that I’ve had drawn up. Take a look and if you find it acceptable, you can sign your name. From then on, your stake in Qianda Film and Television will be twenty-one percent, and you’ll be the second largest shareholder."
Before, Shen Dong owned one percent, and together with this twenty percent, it would be twenty-one percent.
In his eyes, giving Shen Dong such a significant share was advantageous for him.
Because Shen Dong had an exceptional eye for investments and the courage to act on them.
Every investment he made yielded astonishing returns.
This ability was something even his father admired, saying Shen Dong’s potential was limitless.
His father had told him that he must form close ties with Shen Dong.
Initially, he had not intended to offer such a substantial share.
It was his father who had decided to offer this much.
His father felt that, although in the short term it seemed like a loss to be tied to Shen Dong, in the long run, they were the ones who would benefit.
"Okay," Shen Dong considered for a moment and then nodded, signing the contract.
He then called Luo Cheng’an, the general manager of Dongyan Investment, to take care of the contract.
The deal was done.
Shen Dong, with a flicker in his eyes, spoke up, "Mr. Wang, you should know about my investment in Yikang Pharmaceutical, right?"
Wang Xiaocon nodded, "I know. When my dad heard about it, he was full of praise as well."
Ordinary investors may not know about Shen Dong’s investment in Yikang Pharmaceutical, but someone like Wang Xiaocon certainly did.
At the end of last year, the company was on the verge of bankruptcy. The general manager, Meng Baitao, was desperately seeking investment everywhere but found no takers.
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