After my divorce, I started to have good luck
Chapter 662 - 361 Reward_2
CHAPTER 662: CHAPTER 361 REWARD_2
Once the call connected, Lu Sijia went straight to the point.
"Is there anything going on?" Chen Feng asked.
"It’s great news. Tencent has taken a liking to ’Please give me more advice in the rest of my life’, which we invested in and plan to sign. Additionally, Tencent plans to buy a stake in our company, and they want to ask your opinion as the boss. From what I see, the other party is quite sincere, indicating that if it’s convenient for us, they’ll send a business delegate over in the next couple of days to engage in negotiations with our company."
"Tencent wants to buy a stake?" Chen Feng frowned slightly, not quite understanding. His company has only been established for a few months, having only released the hit series ’Mountain Order’, thanks to the legacy of the previous company.
It’s truly surprising that Tencent values us so highly to want to buy a stake.
"Did they mention how much they’re willing to invest? How much of our company’s shares do they want to purchase?" Chen Feng asked.
Lu Sijia replied, "Their valuation of our company is currently at 200 million, and their preliminary plan is to invest 20 million to purchase 10% of our shares, aiming for a shareholder’s seat. I think their goal is to have exclusive access to the film and television resources we produce. This also shows they’re very optimistic about our company’s future development prospects."
To be honest, Chen Feng was a bit dissatisfied with the 200 million valuation, given that Fengmang Film and Television can easily rake in hundreds of millions with the hit ’Mountain Order’.
Of course, being a big player in the industry, Tencent’s investment, if it happens, would greatly benefit Fengmang Film and Television’s future development. First, there’s no worry about selling any future productions. Secondly, Tencent’s resources are highly needed and relied upon by film companies like ours.
"Although their current valuation of 200 million for our company is slightly low, it’s only their initial offer. The specifics concerning the valuation, the shares given, and the rights conferred would have to be determined together at the negotiation table."
Lu Sijia undeniably supported Tencent joining as a stakeholder.
Chen Feng wasn’t against Tencent buying shares either, even if he wasn’t well-versed in company operations. He understood the immense benefits Tencent’s involvement could bring to the company’s future.
The sole concern is to prevent the company from being swallowed up by financial maneuvers. However, Chen Feng wasn’t particularly concerned about Fengmang Film and Television.
The primary reason he invested in this film company initially was just to "clean money". So as long as the price is right, he’d even sell the company directly.
He had no intentions of dominating the film industry or being a major player in cinema and entertainment.
"Alright, I got it. I’ll return tomorrow. Let’s leave it at that for now."
After speaking, Chen Feng hung up the phone.
"Was that Sister Lu’s call? Tencent is planning to buy stakes in our company?"
Wu Mengting asked with concern. Guo Mengyao was also curious, looking at him.
Chen Feng shared the details succinctly, and Guo Mengyao listened, her gaze shimmering as she looked at Chen Feng, "I really didn’t expect your film company would develop so quickly and so well, even drawing interest from Tencent now. Chen Feng, I’ve really underestimated you. Looks like you’re quite a business prodigy."
Chen Feng chuckled, "Not really a business genius, just lucky."
He was speaking the truth, but Guo Mengyao took his words as modesty. She was about to say something when her phone rang.
It was her assistant calling, and she answered. Not long after, she excitedly got off the bed and, very delighted, ran over and hugged Chen Feng tightly, kissed him vigorously on the cheek, and exclaimed, "Chen Feng, we’ve got it, we’ve succeeded. We’ve just received a massive order worth ten million euros. Initially, we thought this deal wouldn’t go through, but the other party agreed today. Haha, what a pleasant surprise."
Upon hearing "euros," Chen Feng couldn’t help but recall Jin Yongnian’s past incident and quickly asked, "Is this an overseas order? You haven’t been tricked, right?"
Guo Mengyao shook her head, "Not so. The other party has already issued a letter of credit with international bank guarantees, and they’re a major international corporation, definitely not a scam. This big order actually has many cosmetic companies competing, and we’re just one of them. Previously, the offer I gave them was somewhat higher than our rivals’, thinking there wasn’t much chance. Turns out they chose us. It looks like acquiring the makeup factory was the correct decision, or we wouldn’t have landed this big order. This order nets us at least 3 million euros profit, haha, wouldn’t you say we’re making a fortune?"
This truly was striking it rich, and Chen Feng couldn’t help but smile.
"I have to return to the factory right away. The delivery schedule for this order is tight, so we must start expanding production immediately by working overtime."
As she explained, Guo Mengyao hastily packed her belongings, bidding a quick farewell to Chen Feng and Wu Mengting before leaving.
Once she left, Wu Mengting chuckled, "Looks like investing in her company was a wise choice. Given her company’s current profit pace, you might even recoup your investment within the year."
Chen Feng calculated and found it was indeed possible. He could only concede cosmetics as a truly profitable industry, a high-margin industry.
"Today seems to be a day of double happiness for you. I think Tencent’s investment brings more advantages than disadvantages, just ensure you don’t get outmaneuvered and controlled."
Chen Feng nodded, "I feel the same. The advantages outweigh the disadvantages. As long as the price is right, I don’t oppose them buying stakes."
Just then, his phone rang again, this time it was Jin Xinyan calling. He hesitated to answer in front of Wu Mengting yet felt covering up wouldn’t help, so Chen Feng quickly picked up.
"Brother Feng, I secured a huge order for the company today. Can you guess its value?"
As soon as the call connected, Jin Xinyan’s voice came through, full of excitement.
Curious, Chen Feng inquired, "What kind of big order? Could it be worth tens of millions?"
"Ah, you actually guessed it," Jin Xinyan said with some surprise.
Chen Feng was quite stunned, a multi-million order he had never encountered during his time at Dianchuang, where even orders exceeding one million were unprecedented in company history.
"What kind of order is it, really worth tens of millions?" Chen Feng was genuinely curious.
"It’s a large-scale cultural performance, spearheaded by the city, with a 30 million budget. Our company secured it. I was the first to know about it and informed Chairman Liu, who promptly arranged a company meeting over the past few days where everyone brainstormed to produce a proposal, and it got selected."
"Was it really that simple to win the bid?" Chen Feng expressed doubt.
"Yes. We submitted our proposal yesterday and received city approval and official confirmation that Dianchuang would host this large-scale cultural performance just ten minutes ago. We were quite surprised ourselves upon receiving the news."