CHAPTER 73: CHAPTER 72 EQUITY ISSUES

In the morning, the team from Shangdong Group received formal negotiation information from Multiple Cui’er Company.

Wei Xueqing immediately gathered everyone and set off.

Meanwhile, in a park near Boduo Apartment.

"Ah!" A woman screamed at a decibel level beyond human tolerance as she ran to this spot, and her scream echoed throughout the streets...

Because she saw a person in rags hanging from a tree.

Immediately, security personnel ran over and took Blair to the security bureau.

Blair was utterly baffled, shouting that just a moment ago, he was drinking noble rot wine, a specialty of the Lysaurus Chateau, with leaders from Flame Country’s Shangdong Group!

The two security personnel, upon hearing this, considered whether they should send this vagrant to a mental hospital...

Of course, Wei Xueqing, who was on her way to the headquarters of Multiple Cui’er, was unaware of this scene.

Yang Chen sat beside Wei Xueqing, vigilantly watching outside the window.

Many people consider Cheng City a romantic and safe city, but Yang Chen did not think so.

Because every time he came to Cheng City, it was like stirring up a storm, with risk levels no less than when he was on Lijia Continent.

What made Yang Chen feel depressed was that Ye Xin had practically disappeared; by the time they got up in the morning, Ye Xin had already checked out and left.

He really couldn’t figure out what this woman was thinking.

However, Yang Chen could see that beneath Ye Xin’s carefree façade, something was lurking.

For instance... that terrifying murderous intent which erupted one night...

Quickly, Multiple Cui’er Company came into view.

This time, John showed extreme enthusiasm and a formal welcome.

Besides John, there were a few other accompanying staff members.

Clearly, this was a formal lineup.

However, from start to finish, John and his team used Lancy Language, and everything needed Yang Chen to translate for Wei Xueqing and her team.

After all, this was their home ground, and although John knew that with Yang Chen’s flawless spoken Lancy Language, he wouldn’t gain much advantage, by speaking and then having it translated, there would always be a time lag and reaction gap, from which they could gain a slight edge.

Once settled in the conference room, John proposed his requirements, "I think our letter of intent has clearly stated the direction of our cooperation: establishing a new company. If we were to cooperate, I would like us to discuss the equity distribution first. After all, I believe that our company’s capabilities and influence are substantial enough that even establishing a new brand in Flame Country would be very well received."

The people from the Southern Federation are very smart.

Seeing Flame Country’s rapid economic growth, they set their eyes on this fertile land.

In Flame Country, spending on just apparel exceeds 1 trillion yuan annually!

Moreover, with the improvement in people’s quality of life, consumption in first- and second-tier cities primarily consists of branded clothing, and with online sales, it mostly involves well-known brands.

So, many foreign brands, after realizing this, rushed to enter the Flame Country market.

They are very smart, but Wei Xueqing is no fool.

She might know nothing about wine, but when it comes to business, this is her domain!

"Sorry, Mr. John, but I think you should understand one thing: we are in a cooperative relationship. In my view, any cooperative relationship is one of mutual complementarity, not one where one party’s strength is overwhelmingly dominant. If a party were strong enough, I believe it should operate independently, otherwise, it’s a complementary scenario. As for some conditions presented in the letter of intent from your side, I am basically quite satisfied and willing to accept them. However, there are some differences, and I think we should clarify these issues first, and then talk about the equity distribution. After all, what each of us can offer regarding the operations and development of the new company is still uncertain."

Next, it was time for team collaboration.

They laid out the unsatisfactory conditions and resolved them one by one.

Yang Chen, as the translator, was also having a headache. After all, business terms were too professional and there were some obscure words he wasn’t very familiar with.

However, thankfully, Yang Chen managed to translate everything without any errors.

Finally, both parties turned their focus back to the equity distribution.

John said, "C. Wei, our cooperation with you and Shangdong Group has lasted for five years, and you have clearly seen the success brought by our partnership and have witnessed the influence of our Multiple Cui’er brand. So, according to our initial budget, the new company will have an investment of 100 million Northern Federation coins, with us contributing 10 million, and our brand strength, security, design, talent provision, brand protection, etc., collectively evaluated at 45 million Northern Federation coins. Together with the brand effect we have accumulated in Flame Country over the years, it totals 55 million. Therefore, I suggest our company holds 65% of the shares."

"Mr. John!" Wei Xueqing exclaimed, somewhat angrily, "I think we are here with great sincerity to communicate and are intent on achieving cooperation! I don’t agree with the so-called soft power of brand influence you mentioned. Multiple Cui’er contributes 10 million, and we, Shangdong Group, contribute 90 million, so I believe we should hold 80% of the shares. You should know the sales revenue of clothing in the Flame Country market has already approached 2 trillion and is still growing. Do you know that we have a shopping festival in Flame Country during winter, where some international clothing brands can earn over 100 million in sales on a single day? You can see the potential of the Flame Country market. We have an old saying: ’A powerful dragon cannot suppress a local snake!’"

After saying this, Wei Xueqing worriedly looked at Yang Chen, unsure if he could translate this proverb.

Seeing Yang Chen speak the Lancy Language fluently, Wei Xueqing realized there was no issue and continued, "This saying means that no matter how powerful an outsider may be, they cannot have more advantage than a local. Therefore, whether in brand promotion in Flame Country, or in operations and design, it’s necessary for us, Shangdong Group, to execute and manage. Based on this, my suggestion is that our Shangdong Group should take 80% of the shares, and Multiple Cui’er Company should take 20% of the shares!"

To be honest, from the moment John proposed that they invest 10 million to hold 65%, Wei Xueqing wanted to slam the table. This behavior was almost no different from picking up something for nothing!