After the meal, Young Master Li took Chen Mu to chat for a long time.
He is mainly worried that the price of the medicine produced is too high and it will be difficult to sell.
But Chen Mu doesn't care about these, he has already come up with an idea, as for how to start the market, this is the job of Young Master Li.
"If the product of health preservation is produced, it will really be able to build up our 'Mucheng' brand. I will seriously consider this matter, don't worry."
Before leaving, Young Master Li issued a military order to Chen Mu like this
In fact, Chen Mu is not worried about this at all. As long as the medicine is effective, the brand will definitely be established, but it is only a matter of time.
After leaving Li's house, Chen Mu notified all Muya Forestry's shareholders within a day, and the splitting up was imperative.
Within two days, people from CDBIC and Jinhui Investment came over, led by Zhu Zhen and Yu Ming respectively.
Chen Mu didn't let them go to the gas station, and Chen Mu received them at the newly renovated headquarters of Xiao Er Xian Vegetable in Hengmei Building.
After the Hengmei Building was bought, there was a relatively cumbersome transfer procedure to go through, and Chen Mu handed it over to Longjing Law Firm to handle it.
After the transfer was completed, Chen Mu didn't move the floors that were being rented by someone. Instead, he chose a few unoccupied floors and carried out some decorations, preparing to use them as the new headquarters of Xiaoer Xianshu.
This has been done for a long time, and Xiaoer Xianshu hasn't had time to move here, but this empty conference room can be used as a place to discuss spin-off matters.
"Mr. Chen, this is Mr. Liu from the investment department of Jinshan Capital. This time, he heard that Xiao Er Xianshu needs financing, so he rushed over immediately."
Yu Ming also brought an investor from another investment company.
Chen Mu of Jinshan Capital hadn't heard much about it, but since he was brought over by Yu Ming, he looked at it differently and treated it warmly.
This investor named Liu Ge is still very decent, and there is no problem in receiving people and things. After a few pleasantries, the two parties have already started to get acquainted.
After introducing everyone who came to the conference room, this meeting officially began.
The main content of the meeting was to roughly split up Xiaoer Xianshu and explain its intention to conduct a new round of financing, and then discuss it slowly.
Basically, all shareholders of Muya Forestry sent people here.
Li Chenping from Xincheng didn't come, but sent his assistant over.
As soon as the assistant came, he made it clear to Chen Mu that everything was arranged by Chen Mu, which was Li Chenping's instruction.
On the other hand, the person who came from Pinhan Investment was Li Lihua, Huang Pinhan's former secretary. Chen Mu often dealt with other young ladies, and they were very close, and there was no obstacle in communication.
During the meeting, the split part chatted smoothly.
Xiaoer Fresh Vegetables is a part of Muya Forestry, and the shares to be distributed will be determined according to the shareholding ratio of Muya Forestry before. There is no problem with this, and everyone agrees.
But financing is a bit of a problem.
The problem lies in the valuation of Xiaoer Fresh Vegetables.
Chen Mu asked for a valuation of at least 3 billion, but CDB Investment, Jinhui Investment, and the newcomer Jinshan Investment all disagreed. Even Li Huali from Pinhan Investment didn't say much, but it seems that she should agree with the two. billion-dollar valuation.
"The greenhouse technology we have now is worth more than one billion yuan. Now we have built more than seven greenhouses, and the assets here are worth more than five hundred million yuan. Taken together, as far as Xiaoer Xianshu itself is concerned, it has exceeded It's 1.5 billion, and this doesn't include the number of users we have in hand, the valuation of 2 billion is really too low, do you think I will sell Xiao Er Fresh Vegetables at a low price?"
Chen Mu didn't back down from the investors.
"Mr. Chen, there is no such valuation."
Yu Ming smiled wryly and said, "We admit the value of your greenhouse technology, but it's definitely not as high as you said. A billion technology is too outrageous."
On the other side, Zhu Zhen also hurriedly chimed in: "That's right, Mr. Chen, the one in southern Xinjiang hasn't been built yet, so if you count 40 million each, it's only 300 million... Tsk, that's already It's very difficult."
Chen Mu shook his head and said, "It can't be calculated like this. You only calculate some things according to the cost. Of course, they don't have much value, but we made these things bit by bit. The time and energy spent in it... um, Not everyone can do it.”
Yu Ming thought for a while, and then said: "Mr. Chen, although you say so, your valuation is really unreasonable. Even if we accept it here, it will be difficult to pass the risk control when we go back."
No matter what he thought in his heart, he put on such a posture of thinking carefully, which made people feel good, which showed that he was listening carefully and thinking seriously.
Then, he went on to say: "Mr. Chen, as for the number of users you mentioned... For now, based on the report you submitted to us, the registered users of Xiaoer Fresh Vegetables have just reached about 100 million. Not too high."
After a slight pause, he gave an example: "We did a fitness app project before, and they are the best home fitness app in China. Now they are about to go IPO. Do you know how many registered users they have? There are three More than 100 million, more than three times yours, but their valuation is only two billion."
Chen Mu shook his head and didn't say a word, but Hu Jiran couldn't help but said to Ming: "Mr. Yu, I think you've changed the concept here a bit. Our little Er Xianshu is completely different from the fitness app you mentioned. The same thing, the future prospects are also different, there is no comparison at all.”
Guan Xiaoli grasped the key point and added: "The value of registered users of our Xiaoer Fresh Vegetables is much higher than that of registered users of the fitness app. Our registered users all have strong consumption willingness and consumption needs."
Chen Mu turned his head and glanced at Guan Xiaoli, feeling that this kid has started to get on the road gradually, he can think and deal with many things independently, he can be regarded as having practiced with Zuo Qingfeng.
He grasped this point correctly. Although they are also registered users, most of the users who register for Xiao Er Xian Vegetable come for business, and they already have a strong willingness and demand for consumption.
And the registered users of the fitness app that Yu Ming said may just go up to have a look, and the willingness and demand for consumption are not strong.
The gap between the two causes their values to be different, and there is no comparison at all.
Yu Ming thought about it again, and said, "This valuation is still too high, we can't accept a valuation of 3 billion."
Zhu Zhen also said: "That's right, Mr. Chen, this is a bit too much, you should think carefully about it."
The two parties finally failed to reach an agreement, and there was a big difference in valuation.
Of course, this time it was just a meeting, and there was no need to discuss the results immediately, so they kept the disagreement on the financing valuation and decided on the spin-off first.
Chen Mu arranged a hotel for Yu Ming, Zhu Zhen and the others, not far from Hengmei Building.
This was opened by the friend Cao Yu introduced to him back then, and the facilities inside are complete. Since Cao Yu specially greeted him, the hotel received very attentive and thoughtful service.
After the meeting, Yu Ming and Zhu Zhen all returned to the hotel, had a rest, and were ready to continue discussing the financing tomorrow.
Although CDBIC and Jinhui Investment stood together at the meeting just now, they did not belong to the same group in private. Chen Mu deliberately separated the floors they stayed in, so after entering the hotel, they separated up.
Jinhui Investment and Jinshan Investment lived together. Liu Ge pulled Yu Ming and said, "Old Yu, tell me the truth. Can you negotiate a valuation of two billion?"
Yu Ming thought for a while and said, "Talk as much as possible. You have seen the situation today. Muya Forestry's position is very firm, so it may be difficult to talk about it."
Liu Ge frowned: "Obviously begging us for money, but the attitude is so tough, it's a bit outrageous!"
"Old Liu, Muya Forestry itself is not short of money, but for the future development of Xiaoer Fresh Vegetables, they agreed to spin off and then raise funds. This time is an opportunity, we must seize it."
After a slight pause, Yu Ming said again: "I have dealt with Chen Mu for a long time. This kid is a very capable person. He is young and energetic, and it is understandable to be a bit tough."
"I just think that if it is done according to his valuation, the financing this time will be of little value."
Liu Ge shook his head, and said a little incomprehensibly: "I got in touch with that kid today, although he has no problems with receiving people and things, but other than that... it seems that there is nothing special about him. "
As an investor, most of the people you come into contact with every day are elites from all walks of life.
After all, it is impossible to make a project and get their investment without a certain strength.
Therefore, Liu Ge's vision is also very high, and his understanding of "capable" is also different from ordinary people.
He had a friendly exchange with Chen Mu before, but in fact, he mainly wanted to get in touch with Chen Mu and get to know this investee.
In the investment circle, there has always been a saying that what they invest in is actually people.
All things are done by people. For the same thing, people with strong ability can do it better than those with weak ability.
So some things can be done by those with strong ability, but not necessarily by those with weak ability.
Liu Ge believed in his own eyesight, although he had read Chen Mu's background information and knew many things that happened to Chen Mu.
But based on his contact today, he felt that Chen Mu was nothing more than a middle-of-the-road person. Compared with some outstanding people he had met before, he was really not outstanding.
Therefore, this made Liu Ge even underestimate Xiaoer Xianshu's project.
Yu Ming said: "You have just met Chen Mu, and you don't know enough about him. No matter what kind of person he is or what his ability is, I have been in contact with him for so long, I only know that he can do it well." People who do things, please believe me on this point."
Liu Ge nodded and said nothing.
As an excellent investor, he will have his own ideas and opinions in everything and will not follow blindly.
Such a character may be said to be a kind of paranoia.
Although he trusts Yu Ming very much, he is still willing to keep his own opinion on judging people.
The valuation given by Chen Mu was too high, which made him feel that this young man was too greedy and had a bad impression.
On the other hand, Jinhui Investment and China Development and Development Investment did not have so much resistance to Chen Mu's valuation. What they wanted to do was to talk as much as possible without resistance.
The main reason is that in the previous investment in Muya Forestry, the valuation has also been "falsely high", but after one or two years, the results show that their investment has made a lot of money, and the value is astonishing, so this time The valuation of Xiaoer Fresh Vegetables is still "inflated", and they are a little accustomed to it.
Of course, as long as money is involved, pennies must be counted, no matter how elegant a person is, they can't relax when it comes to money.
Therefore, from the second day onwards, the investor side and the Muya Forestry side started a life-and-death duel, arguing endlessly around the matter of "valuation".
"Mr. Chen, this should be regarded as the first round of financing for your little second Xianshu. Now the valuation is 3 billion, which is a bit unreasonable..."
"Mr. Chen, although your greenhouse is a very valuable asset, but if it cannot be operated properly, these assets will actually become a burden..."
"We really can't accept the valuation of 3 billion. If we agree, if it gets out... tsk, it will become a joke in the industry..."
Zhu Zhen and Yu Ming took turns to persuade Chen Mu, and sometimes even slapped the table and yelled, acting very angry, I hope you can persuade Chen Mu.
But Chen Mu just insisted on his own opinion and never backed down.
In the end, Pinhan Investment Zhu Lihua also had to say: "Mr. Chen, our Mr. Huang also thinks that the valuation of 3 billion is a bit too high. This kind of investment... We have no way to explain to the sponsors of our fund."
"The valuation of 3 billion, I will not change this. If you believe me, invest as I said, otherwise I can only find a way to solve the investment this time."
Chen Mu was unmoved, and faced the "forced palace" by the crowd, he still expressed calmly, and even said "I will find a way to solve it myself".
These words are a bit threatening. To put it bluntly, if you do not agree with this valuation, I will not take you to play.
For investors, this is the most unacceptable.
Some things can be done in secret, but cannot be put on the table.
Liu Ge became angry all of a sudden, and complained: "Since this is the case, then Jinshan Investment will not participate in the financing of Xiaoer Xianshu this time."
After speaking, he got up and led his people, and walked away.
In the conference room, it suddenly fell silent.
No one expected that things would turn out like this, even Chen Mu himself was a little unsure if he was overplaying.
As a last resort, we can only adjourn the meeting.
Back at the hotel, Yu Ming found that people from Jinshan Capital were already packing their things and preparing to leave.
Yu Ming hurriedly went to Liu Ge: "Don't leave, everything can still be discussed. Once you leave like this, do you really give up on this project?"
"There is nothing to talk about. I have decided to give up on this project."
Liu Ge shook his head and said to Ming: "I advise you to withdraw as soon as possible. This is my advice to you as a friend."