The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 802 WPG0801 The Golden Cicada Plan: A Clever Man's Way to Get Something for Nothing! Even the early morning hours have their advantages!

Qin Sheng: @An Wuyang: Mr. An, what do you think of this plan?

'An Wuyang: Not bad!'

'An Wuyang: This plan is somewhat similar to the proposal you put forward before, but it's more comprehensive and offers better risk isolation!'

Qin Sheng once proposed a plan to deceive consumers based on probability. Although it was a sure-fire way to make money, it ultimately posed a certain moral hazard and could potentially damage the business reputation of Wise Pharmaceutical R&D Company.

'An Wuyang: @Everyone: Does anyone object to the plan proposed by @Qin Sheng?'

'Peace and safety: If anyone objects, they can raise it now.'

An Wuyang: If no one objects, I'll contact my younger brother and have him contact the Smart Brain Company on Hongkang Island so we can further discuss the cooperation.

Chen Hongzhi: I have no objection.

Ding Shijie: I have no objection either.

Song Yuanfang: No objections +1.

Gu Mingyue: No objection.

……

……

With the agents of the four companies on the first floor of the capital circle expressing their lack of objection, the other minority shareholders naturally also expressed their lack of objection.

An Wuyang contacted Yang Jing again.

'An Wuyang: You should contact Smart Brain Company first and have them prepare to come to Shengqing for negotiations.'

Yang Jing: Don't we need to communicate our initial intentions via online meeting first?

An Wuyang: In principle, we are prepared to cooperate with the AI; details can be discussed in person.

'An Wuyang: Now it depends on whether SmartBrain Company can seize this opportunity.'

'An Wuyang: Are there any other companies similar to Smart Brain on Hongkang Island?'

Yang Jing: I'm actually not too sure about that.

Yang Jing: I'll check it later.

'All is well: Okay.'

'An Wuyang: If this collaboration goes through, you'll definitely get your share of the profits.'

Yang Jing: Thank you, Godfather!

After An Wuyang and Yang Jing finished their conversation, he received feedback from Ye Tianling.

Ye Tianling: [Information from Smart Brain Company]

Ye Tianling: Mr. An, there seems to be something wrong with this Smart Brain company. It looks like they're a scam company?

An Wuyang: Oh? Let me check the information first.

An Wuyang immediately began reviewing the information about Smart Brain Company.

The company, SmartBrain, was actually founded in 2002 and has been in operation for twenty years.

The three founders are 57-year-old Jiang Fangyan, 45-year-old Huang Yuan, and 44-year-old Jin Minquan. All three are locals of Hongkang Island and hold doctoral degrees in phytomedicine.

The registered capital of SmartBrain Company is HK$100 million. When it was first established, there were only three founders. Now, twenty years later, the team only has thirteen members.

That's right!

After twenty years of development, the total number of employees at Smart Brain Company is only thirteen, but each of them is a doctoral student in phytomedicine, seemingly following a path of elite personnel.

This is also one of the highlights of SmartBrain's marketing.

However, An Wuyang discovered various problems in Ye Tianling's investigation report.

Firstly, SmartBrain Company does not possess any significant pharmaceutical intellectual property rights. Even though SmartBrain Company holds 19 pharmaceutical intellectual property rights, all of them are non-core intellectual property rights.

Secondly, SmartBrain Company has not yet launched any officially sold products!

Simply put, for the past twenty years, SmartBrain has been doing nothing but research and development and storytelling.

As for the corresponding income.
They rely entirely on storytelling to scam investors!

Furthermore, SmartBrain Company does not have a fixed R&D center, let alone any production plants, etc.

It seems that the research and development work of SmartBrain Company is more inclined towards theoretical work on paper?
Even though there are collaborations with universities, the depth of these collaborations is limited.

Furthermore, it's highly unreliable that a research and development company based on phytomedicine doesn't have any phytomedicine cultivation bases.

Therefore, Ye Tianling believed that Smart Brain Company was a fraudulent company!

In fact, after reading the information about Smart Brain Company, An Wuyang also felt that Smart Brain Company was a fraudulent company.

However, An Wuyang plans to refer to Qin Sheng's Golden Cicada Plan, and Smart Brain Company is a good choice.

'An Wuyang: Have you found out the equity distribution details of Smart Brain Company?'

The Smart Brain Company has been established for twenty years. Their main way of obtaining funds is through fraudulent investment, which means that the equity of the Smart Brain Company has definitely been dispersed.

An Wuyang didn't want to do the work for others, even if it meant diluting his equity through additional investment, he didn't want others to benefit.

Ye Tianling: No results found at the moment.

Ye Tianling: Smart Brain Company is a privately held company and a relatively small one; there is very little information about it on the internet.

Ye Tianling: Furthermore, there is no information about it on the dark web.

Looking at Ye Tianling's reply, An Wuyang sighed inwardly, "Is this Smart Brain Company really just a shell company?"
An Wuyang: Okay, continue investigating, dig deeper, and see if you find any clues.

Ye Tianling: Received.

An Wuyang immediately sent a message to Yang Jing.

'An Wuyang: There's something I need you to handle immediately.'

Yang Jing: Godfather, please give your orders!

'An Wuyang: Contact Smart Brain Company immediately and find out their current shareholding structure.'

'An Wuyang: We need a very detailed and clear picture of the shareholding structure.'

Yang Jing: No problem, I'll inquire right away. After replying to An Wuyang, Yang Jing immediately contacted a member of the Smart Brain company he knew.

The call was answered in less than half a minute.

Yang Jing spoke first, "Foreigner, I have a question for you."

The "foreigner" is not a real foreigner, but Jiang Yingyu, the son of Jiang Fangyan, the founder of Smart Brain Company. The names of the father and son are very interesting, and Jiang Yingyu's name was specially chosen by Jiang Fangyan.

Jiang Yingyu countered, "What problem?"

"What is the current equity structure of your Smart Brain Company?" Yang Jing asked.

Jiang Yingyu responded, "The current shareholding structure is very simple."

“My father, along with the other two founders, hold 10% and 8% of the shares respectively. However, our Smart Brain Company uses a dual-class share structure. The three founders hold preferred voting shares, while the remaining 74% are basic voting shares,” Jiang Yingyu explained.

“The voting rights of the preferred voting shares are ten times that of the basic voting shares, so the three founders have more than 77% of the voting rights and still have absolute control over Smart Brain Company,” Jiang Yingyu added.

"As for the distribution of the 74% of the basic voting shares, I need to ask my father. I only know that these shares should be held by local banks, pharmaceutical companies, and investment banks on Hongkang Island," Jiang Yingyu added.

"However, we've recently run into some trouble," Jiang Yingyu sighed.

"What trouble?" Yang Jing asked back.

"You asked about the shareholding structure, so Wugengtian must have investigated us, right?" Jiang Yingyu asked rhetorically.

Yang Jing did not give a clear answer; he simply asked again, "Tell me more about the trouble you've encountered."

"Because we have failed to achieve our R&D goals for a long time and have failed to launch products to the market, some investors have lost confidence," Jiang Yingyu said tactfully.

"Holy crap?" Yang Jing joked, "You guys didn't sign some kind of performance-based agreement, did you?"

"For example, the corresponding investment stipulates when you will produce results and bring the product to market." Yang Jing also understands these tactics.

Jiang Yingyu answered truthfully, "That's right!"

These things can't be hidden!

Because they wanted to cooperate with Wugengtian, these things would inevitably be investigated by Wugengtian.

"It was precisely because of the performance-based agreement that we sought cooperation with Wugengtian," Jiang Yingyu added in her reply.

"What do you mean?" Yang Jing asked, slightly puzzled.

Is this a plan to take advantage of Wu Changtian?
Is SmartBrain Company trying to bring in Wugengtian to fill the hole after signing a performance-based agreement?
For example, could SmartBrain Company collaborate with the Ruizhi Project, and then convert Ruizhi Project's products into SmartBrain Company's products, thereby enabling SmartBrain Company to fulfill the performance-based agreement?

Isn't this wishful thinking a bit too ambitious?

Such a thing would not be agreed to by An Wuyang, nor would it be agreed to by Yang Jing.

If Yang Jing agreed to such a thing, he would no longer be An Wuyang's dog son, and their relationship would probably cool down from there.

Jiang Yingyu replied, "According to the performance-based agreement, our Smart Brain will invest to buy back the corresponding equity. We plan to use the performance-based agreement and proactively disclose the news of bankruptcy liquidation to buy back all the equity from outside."

“If we own all the shares, and then cooperate with Wugengtian, Wugengtian shouldn’t refuse again, right?” Jiang Yingyu added.

“After all, we own the full equity. If Wugengtian cooperates with us again, we won’t be taken advantage of by others,” Jiang Yingyu explained more clearly.

“However, at present, our Smart Brain does not have the funds to repurchase equity. We need Wugengtian to advance the funds for us, and these funds can be converted into future investment shares,” Jiang Yingyu added.

After listening to Jiang Yingyu's explanation, Yang Jing couldn't help but give Jiang Yingyu a thumbs up.

Isn't this guy's plan a complete scheme to get something for nothing?
Currently, SmartBrain Company is on the verge of bankruptcy due to a performance-based agreement. Furthermore, SmartBrain Company has neither products nor funds. In short, SmartBrain Company is doomed.

However, Jiang Yingyu was planning to get something for nothing by using Wugengtian's funds to resolve the betting agreement, reclaim the corresponding shares, and then use the shares to repay Wugengtian's funds.

If Wugengtian were truly willing to invest in this spiral ascent method of stepping on the right foot with the left and then on the left, and if the plan could be successfully executed, then SmartBrain Company could indeed be brought back to life!

Even someone like Yang Jing, who enjoys resorting to crooked and unorthodox methods, had to be impressed by Jiang Yingyu's spiral ascension technique!

“Brother, you said you have a very good relationship with Wugengtian, so I’m telling you the whole story frankly. Whether we can reach an agreement now depends on you!” Jiang Yingyu said sincerely.

"If this plan succeeds, and the three founders of Smart Brain retain 26% of the equity, we will give you 2% of the equity." Jiang Yingyu frankly reiterated the compensation he was willing to pay.

“If we retain less than 26% of the shares, we will also transfer the shares to you at a corresponding ratio,” Jiang Yingyu added.

The so-called proportional conversion of equity shares means that for every 13% of equity they retain, they will pay 1% of the equity to Yang Jing.

This is not a small amount!

Jiang Yingyu really went all out!
However, such a promise is actually a castle in the air, because if Yang Jing wants to get such a return, he needs to facilitate the cooperation between Smart Brain Company and Wugengtian, which is equivalent to saving Smart Brain Company.

That's why Jiang Yingyu was willing to offer it.
It must be SmartBrain Company that was willing to offer Yang Jing such a generous reward.

"Let me confirm the situation with your AI system. You mean if Wugengtian is willing to provide you with some funding in advance, you can take back all the shares that have already been allocated, right?" Yang Jing asked.

Jiang Yingyu did not rule out any possibility, saying, "We have currently distributed 74% of our shares through financing, and we guarantee that we will at least recover more than 60% of the shares."

"We are willing to hand over all the shares we have recovered to Wugengtian!" Jiang Yingyu was being generous with other people's money again.

These empty promises sound great, but they all depend on me personally getting involved to solve the problems before dawn.

Yang Jing remained silent for a few seconds before responding, "I will convey your message to Wu Gengtian. As for Wu Gengtian's specific requirements, I will communicate with him in a timely manner."

"Okay, thank you, Brother Yang," Jiang Yingyu replied politely.

Yang Jing then immediately revealed the empty promises made by Jiang Yingyu, as well as the rewards he could receive.

Yang Jing was a smart man; he knew that it was wise to be honest about the benefits he could gain.

After listening to Yang Jing's report, An Wuyang responded with a sarcastic remark, "It really is a case of getting something for nothing!"

"However, this guy is very smart. He should have analyzed and judged that after the Wise Project cooperates with the Smart Brain, it is very likely to obtain a lot of rewards from the capital market," An Wuyang sighed.

Yes!

SmartBrain Company does want to get something for nothing from Wugengtian, but that doesn’t mean Wugengtian can’t make a profit.

If Wu Gengtian truly had no profit to offer, not only would Wu Gengtian not agree to such a thing, but Jiang Yingyu would also not waste her energy contacting Wu Gengtian.

Indeed, after learning about the Ruizhi project, Jiang Yingyu analyzed that the Smart Brain Company and the Ruizhi project were complementary, and that once the two were combined, they would gain huge benefits in the capital market.

Therefore, Jiang Yingyu devised this plan to get something for nothing, in order to try to get Wu Gengtian to rescue Smart Brain Company, and then have Wu Gengtian use Smart Brain Company to list on Hongkang Island and make money from the capital market.

In short, the first step of this collaboration is for Smart Brain Company to get something for nothing, but once Wise Medicine R&D Company completes the Golden Cicada Project, it can be listed on the Hongkang Island region.

At that time, whether it's Wugengtian, the shareholders of Ruizhi Pharmaceuticals, or Zhihui Brain, everyone can make a fortune from the capital market!
(End of this chapter)