Golden Years in the World of Film and Television

"Oh, that's why I thought of this. Your company employees are all like that. They need coffee for overtime, lunch breaks, etc.

Besides, even if this business is not given to me, it will be given to someone else, so why not give it to me? It’s better to keep the money within the family!”

Qiu Yingying danced with joy as if she had unlocked a password. She also remembered the day when Ying Qin bought her coffee. Their fate began like this.

Guan Juer also chimed in, "That's right, everyone, pack up yourselves, Xiaoqu, you know so many rich friends, their companies all need coffee, instead of letting others do it, why not give it to Yingying?"

Besides, you said you are a shareholder of Lutu, so you should support your own products. Sister Fan, do you think I am right?

Before Fan Shengmei could respond, Qu Xiaoxiao couldn't help but laugh, "Hahaha, I didn't expect our Guan Guan has also learned to be flexible and knows how to help Qiu Yingying find me through the backdoor."

Guan Juer smiled sheepishly, "People change, of course I have to help Yingying. She said she wanted to work hard to make money to buy a house in Shanghai and bring her parents to Shanghai to live happily."

"Well done, little earthworm. What a filial girl! I believe your father will definitely live in the house you bought. As long as we work hard, fate will compromise with us."

"Oh, alright, alright, stop being sentimental here. Are you guys having a motivational meeting or are you here to accompany me? Hurry up and pack your things, the food will be delivered soon!"

"Yes, yes, yes. Of all the things in the world, eating is the most important. Before you come, I'll go and steam a whole grain for everyone. A healthy diet consists of both coarse and fine grains."

"Then put more peanuts in it. I like it!"

"If you like it, you can play it more. No way! You haven't heard that song. You're on my turf, so you have to listen to me."

"I see you're quite arrogant. Have you forgotten who asked whom for help?"

"You talk, you talk, that's what you talk. Work and life are two different things."

Chapter 736 New Progress in the Acquisition of Red Star

The next morning, Han Tao and Andy had just returned from a run when they received a call from Tan Zongming.

On the phone, Tan Zongming talked about the issue of mergers and acquisitions. Yesterday, the board of directors of Shengxuan Group had approved Andy's plan and agreed to cooperate with Bao's.

Therefore, Han Tao and Andy cannot return immediately and need to go to Bao's company for negotiations again today.

It just so happened that Han Tao, Shengxuan's chief legal advisor, was here, and he could clarify the rights and responsibilities of both parties at one time and refine the detailed plan for the merger of the three companies.

Han Tao and Andy were also willing to finalize the plan as soon as possible, so they contacted Bao Yifan and they agreed on a time and meeting place.

This time it was not in the Bao Group office building, but in a large factory near the riverside dock.

After they arrived, Bao Yifan warmly welcomed them and introduced the situation here.

It turns out that this is where the Bao family started. At the beginning, it was just a row of small bungalows, and later it gradually developed to the scale we see today.

Although it looks very old, one can still see its prosperity and glory in the past from the overall situation.

Han Tao followed him upstairs and said with a smile, "I didn't expect that Mr. Bao is still a person who is very nostalgic."

Bao Yifan smiled slightly and responded, "This place is not only the place where the Bao family started, but also carries too many of my childhood memories.

At that time, my parents were very busy and didn’t even have time to eat meals every day, so the aunties in the factory were very nice to me.

However, during the economic crisis, this place was almost sold. Later, I tried my best to stop it, and someone invested in it in time, so it was preserved.

Today, Bao's has once again hit a bottleneck. If it wants to transform, acquiring Red Star is a big breakthrough.

So, at this decisive moment, I want to do it here.”

"It wasn't easy. Many state-owned enterprises couldn't survive back then, but your Bao family was considered quite good.

Bao's is now one of the best companies in the province and a leader among private enterprises in Nantong. I believe it will continue to grow stronger."

Hearing Han Tao's words, Bao Yifan smiled happily, "Haha, Han Lu, you're too kind. Although Bao's has developed well, it can't compare with Red Star.

When Mr. He was around, Red Star was a leader not only in Linjiang but also in the whole country.

If it weren't for the later management problems that caused the company's development to stagnate and fail to keep up with market changes, it would not have come to this point.

But a skinny Luotu is still bigger than a horse. After all, Hongxing was a state-owned enterprise in the past. Even though there are many legacy issues after the restructuring, it is still not comparable to private enterprises.

Apart from other things, when it comes to resources, private enterprises are far behind. We don’t have access to many policies and support. Han Lu should understand this best.”

"Yes, that's true. Because Red Star was a state-owned enterprise, its mechanism is not as flexible as that of a private enterprise, and its market strategy layout is not as agile as yours.

This time we can say that we have broken down and then rebuilt. After joining Shengxuan and the Bao family, many problems can be easily solved. I think there will definitely be new vitality."

Han Tao nodded. Hongxing was indeed facing big problems, and the only way to break the deadlock was from the outside. Otherwise, it would end up facing bankruptcy and liquidation.

Hearing this, Bao Yifan said very politely: "We have to thank Han Lu, Mr. Tan, and Andy for giving us Bao's this opportunity.

Otherwise, given the scale of Bao's business, I still have self-awareness and really wouldn't dare to try to acquire Red Star."

"Mr. Bao, please don't be so polite. Although Bao's product structure is currently simple and the market lacks sufficient breadth and depth, it will develop rapidly if it finds a breakthrough point. It still has its own advantages.

It may be difficult to break through the popularity and production capacity in a short period of time, but the Bao family has had roots and deep roots in Nantong and even Linjiang for more than half a century, and there are not many private enterprises that can compare with them.

The most important thing is that doing business is not only about capital and market, but also about considering all aspects, especially the attitude of the local government.

Hongxing used to be a major taxpayer. Only if local enterprises took it over, or if local enterprises participated in taking it over, could it avoid pressure from the government and even obtain certain support and policy support.

I think this is one of the reasons why you are looking for Lao Tan to cooperate with you. After all, Shengxuan wants to acquire Red Star, but it is not enough to just have funds, and Bao's company does not have the ability to complete the acquisition alone, right?"

"There's really nothing I can hide from Han Lu, so I'll lay my cards on the table and let's be honest.

Although the Bao Group is very profitable, it is difficult for it to take over Hongxing alone because it has too much acquisition funds. Once the working capital is exhausted, not only will the possibility of further expansion be gone, but it will also face a huge crisis.

Of course, the same is true for Shengxuan Group. It is also difficult to accomplish it alone. In addition to external pressure, funding is also a problem. This is the basis of our cooperation... "

Bao Yifan is trying his best to persuade Andy and Han Tao. Andy is the leader of this acquisition, and Han Tao is the hurdle that the acquisition of Hongxing cannot overcome.

Han Tao agreed with what he said, but the content of this negotiation was somewhat different. It was not as simple as they had thought before, and a considerable amount of money was involved.

In the original plot, this so-called acquisition puzzled countless people. They all wondered if it would be so difficult to acquire Red Star with Tan Zongming's strength?

Because of a scene at a cocktail party, several people said it was an acquisition worth hundreds of millions.

In Han Tao's opinion, this is simply ridiculous, because he is now in the middle of it and knows the scale of Red Star.

You have to know that in order for Red Star to acquire the company from the first season to the second season, it had to gather the strength of the big crocodile Tan Zongming and the small crocodile Bao Group, and also invite special talents from Wall Street in the United States to successfully complete the acquisition. How could Red Star be so small in scale?

Looking at Old Tan's wealth, Yao Bin told Qu Xiaoxiao that they couldn't afford to offend someone like Tan Zongming. If he just raised his eyebrows, countless companies in Shanghai would go bankrupt.

Then, Han Tao knew that Tan Zongming was indeed worth tens of billions. Although the Bao Group was not as wealthy as Tan Zongming, its assets were also worth tens of billions.

Imagine that their two companies jointly acquired a very, very, very important project, and Tan Zongming and the entire company were on high alert.

Bao Yifan also tried every means to participate, but the scale of Hongxing's acquisition was only a few hundred million. Is this possible?

Han Tao could tell him responsibly that it was impossible. The scale of Hongxing was comparable to Shengxuan. Even if it was in decline now, it would be impossible to succeed without 10 or 20 billion.

Seeing that everyone had reached a consensus, Andy pulled out a cooperation plan from his bag and said, "OK, since everyone has tacitly reached a consensus, let's talk about the specific cooperation plan and details. Here is the information package. Take a look at it first."

"Okay, then I'll take a look first. You guys can sit wherever you want, or visit my secret base. The view from over there is pretty good."

After saying that, Bao Yifan poured tea for the two of them, then picked up the information on the table and began to read it carefully.

Since the previous preparatory work has been basically completed, the main content of the negotiation this time is the issue of investment ratio and control.

Han Tao and Andy did not just sit there, but visited the place where the Bao Group was born. It is indeed one of the giants in Linjiang.

As the saying goes, a lean camel is bigger than a horse. The old factory of Bao Group is actually next to an industrial dock, which is a treasure land.

Putting aside other things, if you are really willing to take action, this piece of land can be acquired for several hundred million.

Chapter 737 Bao Yifan’s True Purpose

An hour later, Bao Yifan put down the plan in his hand and looked at Han Tao and Andy who were sitting in front of him drinking tea, "Andy, I think your plan needs to be adjusted.

Bao Group’s investment ratio and equity income are only 25%. Is this too low?

Hongxing is an important springboard for our industrial upgrading, and if we follow this plan, we won’t be able to move forward.”

Andy smiled slightly and said, "Boss Bao, this is the case. The reason our board of directors made this decision is because we conducted a detailed investigation and background check on the company, including its financial situation, reputation, and so on.

The final theory we came up with is the figure of 25%. After all, your company's debt-to-asset ratio and overdue accounts receivable are relatively high, and even exceed the company's total operating income many times.

If the Bao family were to divert a large amount of funds to acquire Red Star, the balance sheet would be even worse, and the risk of default would be even greater, so this shareholding ratio is the most appropriate."

Andy's words hit Bao Yifan's sore spot. It is true that Bao's profits are high, but funding has always been one of the major problems that have troubled them.

The reason is very simple. In addition to the above two points, the research center set up by Bao Yifan is also the main reason, because this thing is too expensive and is simply a bottomless pit.

There was no other way. Bao Yifan was determined to reform. He wanted to pull the Bao Group out of its original model and no longer be constrained by the family business and the single product structure. He had to make breakthroughs in management, operations, and technology.

"The Red Star project has a merger and acquisition scale of nearly 10 billion. If Bao's only holds 25%, the remaining funds are nearly 8 billion. Can Shengxuan afford it?

As far as I know, Shengxuan Group has launched several investment projects this year. In addition to participating in the acquisition of the Xie Group, they just invested 3 billion in Doudou. Do they still have so much liquidity?"

Bao Yifan was helpless. The value of the Bao family was not in capital. The Bao family was a local tyrant with connections and influence in the local market. However, these were something they could discuss privately just now and could not be put on the negotiation table.

"Boss Bao, you've overlooked one point. We at Shengxuan aren't looking to acquire the entire company, but rather to acquire a controlling stake. Therefore, we can still come up with around 40 to 50 billion yuan."

Bao Yifan said helplessly, "Andy, that's not how it works. The advantage of our Bao Group partnering with Shengxuan isn't just financial. If it were purely for the money, you wouldn't choose to partner with us."

"Mr. Bao, I understand what you mean. We are attracted by your Bao family's influence in Nantong and your company's land reserves.

But from a business perspective, this case must be led by Shengxuan. You should understand the reason even if I don’t explain it to you.

But I have considered what you said. If you are not satisfied with the plan, I can discuss it with Lao Tan.

But don't hold your hopes too high, as this merger and acquisition is also related to the expansion of Shengxuan's production capacity, the improvement of the industrial chain and other issues.

So, the board is very strict, and I think the maximum it can be raised to is 30%, which is already a big hurdle."

Bao Yifan thought for a moment and nodded. "Okay, then, Andy, I look forward to hearing good news from you. If you can increase it to 30%, the Bao family will be able to accept it."

Although he did not get the expected benefits, Bao Yifan could barely accept getting a 30% share.

His situation in the group is very awkward. His parents have too much control over the company, otherwise he would not have taken small risks to increase his voice.

Andy nodded and responded, "Sure. Actually, I'm really busy right now and I want to complete this acquisition as soon as possible, so I'll do my best to help you."

"Thank you, Andy and Han Lu. So, you can stay one more night and I will take you to a private restaurant with delicious food tonight." After saying that, Bao Yifan looked at Andy expectantly.

Han Tao wouldn't give him the chance to hook up with Andy, so he refused directly: "Sorry, Mr. Bao, let's forget about dinner.

I received a call this morning saying that the law firm had made an important breakthrough on a new case, so I still have a lot of work to do."

"I too... Sorry, I'll take a call, you guys chat!" Before Andy finished his words, he received a call.

Hearing this, while Andy stood up to answer the phone, Bao Yifan quietly looked at Han Tao and asked:

"Han Lu, excuse me for asking, have I offended you in any way?"

Han Tao looked at him and responded with some confusion: "Boss Bao, why do you say that?

Although we are both from Nantong, I haven't been back much since I went to college. How could you have offended me?"

"I'll tell you!"

Bao Yifan breathed a sigh of relief, then said with a cynical smile: "Then Han Lu, could you please be flexible and do me a favor by giving Andy and me some time alone together?

We are all men, I won't beat around the bush, from what I know you should have a girlfriend, but I'm still single, please help me!"

"Mr. Bao, what are you talking about? How can I control Andy? So whether he stays or not is not up to me." Han Tao smiled slightly and did not agree to his request.

In fact, he didn't stop them from contacting each other entirely because of this relationship, but also because in the original plot, Han Tao felt that Bao Yifan didn't perform well enough to be suitable for Andy.

Bao Yifan is a handsome man with a cynical personality. There are many women around him, but he doesn't marry any of them.

The reason is simple. Marriages between wealthy families have always been very realistic. The same is true for Han Tao and his family, or even worse.

Many girls are vying to marry Bao Yifan, not only because Bao Yifan himself is very charming, but also because they want to marry into a wealthy family like the Bao family and achieve class transition.

But they don't know that it is not so easy to enter a wealthy family, and it is normal for strong families to join forces. So even if Bao Yifan is willing, Bao Yifan's parents may not agree.

Even Lao Tan said, "Andy is so outstanding, and I was once attracted to her, but I know myself well and I don't dare to take that risk. I am not sure I can handle everything that might happen, so I won't mess with Andy."

Therefore, it can be seen that Lao Tan was attracted to Andy, but when he found out that Andy might have a hereditary gene for mental illness, he immediately buried this love and stopped the loss in time.

So, who is more suitable for Andy, Bao Yifan or Wei Wei? Once, Qu Xiaoxiao, Fan Shengmei, Qiu Yingying and Guan Juer were riding in a car. They discussed a question in the car, that is, who is more suitable for Andy, Bao Yifan or Wei Wei.

Among these four people, except Qu Xiaoxiao, everyone thinks Wei Wei is more suitable for Andy because Brother Wei looks more reliable.

Andy is an orphan and is more suitable for a stable person like Wei Wei, so everyone was more inclined towards Wei Wei at that time.

Of course, there are definitely emotional factors in Bao Yifan's pursuit of Andy, but it is more about interests rather than love at first sight.

Because when Bao Yifan first contacted Andy, he wanted to participate in the acquisition of Red Star, but was rejected.

In other words, when Bao Yifan fell in love with Andy, it was not love at first sight, nor was it a deep love.

But he already had his own selection criteria in his heart, and he wanted to find an excellent woman who could match him.