The wealthy entrepreneur: I want to support millions of employees!.
Chapter 951 Pei Jiaqi is about to be betrayed by fund investors! Accelerate the acquisition process!
Chapter 951 Pei Jiaqi is about to be betrayed by fund investors! Accelerate the acquisition process!
Su Yang, who was in Shenzhen, was also very happy to hear the news. However, he did not go to Guangzhou immediately. Instead, at Pei Jiaqi's request, he met with her suitor and even showed off their affection.
The expression on her suitor's face at that moment... was quite something!
After rewarding Pei Jiaqi handsomely, Su Yang happily prepared to take Yu Chengjun back to Yangcheng to meet with the other shareholders of Luo Mi Biotechnology.
However, before leaving, he still gave Pei Jiaqi a heads-up:
"Jintai Technology Innovation Preferred Hybrid Fund will be launched early next year. Are you prepared for a decrease in managed funds?"
According to business projections, the amount of funds managed by Jintai Public Fund will shrink significantly in early January next year, and profits will also decline sharply.
The culprit is Jintai Technology Innovation Preferred Hybrid C, managed by Pei Jiaqi!
It's not that Pei Jiaqi and Jintai Public Fund made any mistakes, but rather that the "Jintai Technology Innovation Preferred Hybrid C" fund performed too well in the market and had too high a return!
Fund investors have always been afraid of high returns; they can't accept returns that are too high.
They are relatively more willing to accept negative returns!
So Pei Jiaqi, who helped fund investors make a lot of money, was betrayed!
The result was that fund investors made money, while Jintai Fund and Pei Jiaqi lost!
"Yes!" Pei Jiaqi nodded. "President Luo mentioned it to me and told me to be mentally prepared!"
Because the fund's returns were too high, large-scale redemptions occurred after the fund was opened for subscription, which has happened frequently in the history of public funds.
However, Pei Jiaqi felt that she shouldn't be in too bad a situation, after all, she has fans!
Every time he appears in the live stream, the fans watching are very enthusiastic.
"How much smaller do you expect to scale it down?"
"A couple hundred million less?"
Su Yang chuckled softly: "You're so naive!"
Pei Jiaqi frowned and asked, "Then how much do you think it will drop?"
I'd guess it'll drop by half!
"Hiss~" Pei Jiaqi took a deep breath, then stared blankly at Su Yang, "Boss, you're not kidding, are you?"
"no!"
"I do not believe!"
"How about we make a bet?"
"What bet?"
"If it doesn't drop by half, you win. But if the scale shrinks by half..." Su Yang whispered a few words in Pei Jiaqi's ear, making Pei Jiaqi extremely embarrassed!
"What if I win?"
"Your salary will be doubled, and you'll be promoted to vice president and equity director!"
Su Yang's original plan was to promote Pei Jiaqi to vice president and equity director.
This is sending a signal to the outside world that Jintai Public Fund values young talent.
Meanwhile, from the outside perspective, Jin Tai is trying to bind the company's pillars to each other as much as possible, which can reduce harassment from other companies towards Pei Jiaqi.
While doubling my salary isn't in the plan, a significant pay rise is certain.
After all, he got a promotion, so how could he not ask for a raise?
If salaries aren't mentioned, nobody wants a promotion, so who's going to work hard?
"it is good!"
Pei Jiaqi hesitated for a moment, then immediately agreed.
She felt that "Jintai Technology Innovation Preferred Hybrid C" shouldn't be in such dire straits.
After all, so many fund investors have said they will increase their holdings in her fund once it reopens for subscriptions, and they support her!
But she didn't know that Su Yang was already preparing to crown her with the glorious title of "the most miserable public fund performance champion in history"!
He estimated that Pei Jiaqi's expression at that time would definitely be very interesting!
Yes, it's really fun!
He wasn't very concerned about the temporary fluctuations in the scale of "Jintai Technology Innovation Preferred Hybrid C"!
How much is that?
His vision is much longer than that of ordinary people!
The large-scale redemption of Jintai Technology Innovation Preferred Hybrid Fund will definitely affect the company's performance.
However, he had no other choice, so he decided to go with the flow and use this opportunity to create another buzz, increasing the visibility of Pei Jiaqi and Jintai Public Fund, and trying to recoup his losses in other ways. Opportunities for such a blatant and aboveboard "playing the victim" marketing tactic are extremely rare!
Moreover, if Pei Jiaqi wants to maintain her top public fund performance for several consecutive years, keep her aura, and continue to enhance Jintai's reputation, managing too large a scale of funds would actually be a burden for her!
That very afternoon, Su Yang met with the investors of Romi Bio!
Most of these investors are investment institutions focused on innovative drugs, including foreign capital, domestic private capital, and government capital.
They were also quite friendly towards Su Yang, believing that Su Yang was there to take over the business, and even at a premium!
After several failed rounds of financing, the market and various investors were not optimistic about Romi.
Romy was already in financial trouble and they were even less willing to continue betting.
By transferring the risk to Su Yang, their initial investment in Luo Mi could double, giving the company a satisfactory explanation.
Su Yang chatted with some of the shareholders, and they were also willing to accept installment payments!
This is perfectly normal. RomiBio is valued at $600 million, and 80% of its shares would be $480 million, which is more than 3 billion RMB. Many large domestic companies would find it difficult to pay this amount in one lump sum.
However, Su Yang wants to get the industry standard 30% down payment for all these investments, which is something Su Yang can do!
Su Yang had no intention of paying the full amount at once.
With the stock market so active right now, it's best to drag this out a bit longer.
Among the management of Romi Bio, several original shareholders wanted to take the opportunity to sell their 2.23% stake. After consulting with Su Yaohui, Su Yang also acquired the 2.23% stake.
In Su Yaohui's words, there's no need to keep those who want to leave, as these three shareholders did indeed contribute money to the company in the early days.
Then came the investigation, evaluation, and acquisition negotiations regarding RomiBio.
Su Yang entrusted these matters to Cheng Wenhuo's team and the professional medical consultants.
However, Cheng Wenhuo's requirement was to acquire it as soon as possible!
"Try to finish it within two or three months. The task may be a bit urgent, but those who need to work overtime should do so, and those who need to hire help should do so. After the task is completed, I will give each of you a bonus of 100,000 yuan, and then give you a 20-day vacation!"
Cheng Wenhuo took a deep breath and said, "Yes, boss!"
He was familiar with the acquisition process of innovative companies. Generally, if the price was agreed upon and there were no major issues with the company, such as cross-border acquisitions or milestone payments, the acquisition speed could be greatly improved!
In the case of cross-border acquisitions, it's perfectly normal for negotiations to take one or two years.
There is still a very good chance that they will acquire RomiBio within two or three months!
As for bonuses and vacation time, if the boss says there are, then there definitely will be!
"come on!"
"Ok!"
Su Yang used a business simulation briefly, and sure enough, after this encouragement, the company's acquisition speed increased significantly.
Su Yang met with Gao Qiang, the general manager of Xinghuo Fitness in Guangdong Province, and then went to have tea with Xu Tianfu of Weimingda Group. Xu Tianfu warmly received Su Yang and inquired about the business Su Yang was in Guangdong Province to discuss.
Xu Tianfu asked curiously, "So, you're now going to acquire an innovative drug company?!"
"Correct!"
"how much is it?"
"More than three billion!"
"Pfft!" Xu Tianfu spat out the tea in his mouth. "How much?"
"More than three billion!"
Wow~ You're so rich now?
More than 3 billion yuan! Xu Tianfu trembled just thinking about it. It was almost more than his entire fortune!
Most importantly, how long has Suyang been developing?
This guy is probably not even twenty-seven years old yet.
Su Yang said smugly, "I made a small profit in the stock market!"
It was only in front of these rich people that he could feel a little more comfortable showing off!
"You're really... amazing!"
Xu Tianfu couldn't find any other adjectives to use!
(End of this chapter)
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