The next day, Fang Junhui arrived in Hong Kong at exactly noon.
After Xu Yiyang finished his class, he came directly from school and took a taxi to Li Zekai's company. He also asked Fang Junhui to take a taxi there.
After arriving at Li Zekai's company, he and Fang Junhui immediately began discussing contract details with Li Zekai and his legal team.
The main content of the contract is: Xu Yiyang pledged all of his current 40% Tencent shares and the upcoming 15% Tencent shares to Li Zekai, with the pledge amount being US$276 million;
The redemption period is 4 months, the monthly interest is 2%, and there is no superposition.
In other words, Xu Yiyang has 4 months to redeem the 55% of the shares. For each additional month, the interest will be calculated at 2%. If the period is less than a full month, it will be calculated as a full month;
If Xu Yiyang repays the entire principal with interest before expiration, the pledge agreement will automatically become invalid and the shares will still be held by Xu Yiyang;
If Xu Yiyang is unable to repay the principal and interest after maturity, Xu Yiyang does not need to repay any principal and interest, but all the shares will be owned by Li Zekai, and the remaining 15% will automatically belong to Li Zekai after being unfrozen;
If Xu Yiyang's agreement to gamble on 15% of the shares fails due to unexpected circumstances, Xu Yiyang will have to compensate Li Zekai US$75 million;
This agreement also gave Xu Yiyang an unwritten choice: if he was able to redeem, he could also refuse to redeem, directly prompting the change in the pledge agreement to take effect.
Of course, Xu Yiyang would never choose this path.
After Li Zekai's $276 million is transferred into Xu Yiyang's designated account, this agreement will automatically take effect;
After Xu Yiyang transfers the principal and interest into Li Zekai's designated account, this agreement will automatically expire;
Within four months, Xu Yiyang did not transfer the principal and interest into Li Zekai's designated account as the trigger mechanism for the equity change.
After clarifying these items, Xu Yiyang and Li Zekai signed the contract.
Immediately afterwards, Li Zekai's company's finance transferred US$276 million into Xu Yiyang's Citibank account!
The agreement officially comes into effect!
When the two shook hands, they both laughed very happily because they had different intentions. The process of shaking hands tightly and vigorously lasted for more than 20 seconds.
Li Zekai felt that Xu Yiyang had fallen into a trap he had set, and Xu Yiyang felt that Li Zekai had jumped into a trap he had dug...
There is another very interesting little detail. Xu Yiyang and Li Zekai decided not to tell Mr. Ma about this equity pledge.
After all, the two of them have temporarily kicked him aside, letting him know that he will probably feel more uncomfortable.
After the contract was signed, Li Zekai smiled and said to Xu Yiyang: "Mr. Xu, let's have dinner together tonight. I'll be the host."
Although Xu Yiyang was much younger than Li Zekai, he still looked like a brother and said with a smile: "We are all friends, why do we have the nerve to always let Mr. Li do the hosting? How about I do it."
Li Zekai said seriously: "I am the host, so I will naturally make the arrangements. If I go to the mainland one day and Mr. Xu comes to make arrangements, I will definitely have no objection."
Xu Yiyang didn't insist and asked him casually: "By the way, Mr. Li, do you have any friends in the record company? If so, I would like to meet him."
"Record company?" Li Zekai asked with a smile: "Does Mr. Xu have a crush on any female singer? Why don't you tell her directly and I'll ask her to come and have dinner with you tonight."
Xu Yiyang waved his hand and said with a smile: "I like music. I want to meet the owner of the record company. If there are no opportunities for cooperation in the future, let's forget about female singers."
Xu Yiyang has always been thinking about in-depth cooperation with Tong Fangquan to develop value-added service business for operators, so that he can not only make money but also help Tong Fangquan achieve performance.
However, what he really values is not weak services such as SMS fortune telling and SMS weather forecast.
What he wants to do is ringtone business.
When the CRBT business became popular, at least half of the users across the country had subscribed to CRBT.
Don't look at just turning phone notification sounds into music. For this service alone, users will have to pay 3-5 yuan in information fees a month.
But having said that, no matter how much you use a mobile phone for a month now, the phone bill will be dozens of yuan higher, so the 3-5 yuan phone bill is nothing, and it will not show up at all in the monthly phone bill.
Although the cost is not significant, the results are indeed noticeable.
Since the reform and opening up, telephones have become popular in China rapidly. In the 1980s, long-distance communication had to rely on sending telegraphs. In the 1990s, home telephones entered the homes of ordinary urban residents.
By now, landline telephones have become very popular, and mobile phones have also begun to spread rapidly.
Chinese people have been making phone calls for more than 20 years, and the waiting tone is always the same "beep... beep... beep...". Suddenly, for a few dollars a month, this solidified impression can be completely reversed. For most users, , the money spent is very worthwhile.
Especially when you change the waiting tone on your phone to your favorite music or songs, it feels so good.
Therefore, the ringback tone business must be a huge piece of meat for future value-added services.
Colorful tones were invented by Koreans in the second half of 2000 and have not yet come out.
The introduction of CRBT in China was even later, in 2003, much later than now.
If I could develop the ring tones business now, this business alone would be enough to make a lot of money.
If the mobile QQ service costs ten yuan a month, it can eventually have several million users across the country. Then, if the ring back tone service costs five yuan a month, it can have tens of millions of users or even more across the country.
However, after Telecom changes its name to China Mobile in the future, China Mobile's ring tones will be completely operated by themselves and will not be handed over to a third party. Therefore, if you want to get this piece of cake into your bowl in advance, you have to find other ways to save the country. .
Xu Yiyang now has a good way to save the country through curves in his mind.
He wanted to go to record companies and buy out the mobile phone copyrights of all their music at a low price before China Mobile launched the ring-back tone business.
At this point, there is no need to doubt whether the record company is willing to sell it. They are not people who have been reborn from the future. Now, they cannot see any way to make money from music on mobile phones.
The entire industry has no precedent of making money from mobile phones. They don't even think that the copyright can be separated into a mobile phone copyright, let alone that the mobile phone copyright can make a lot of money through ring tones.
If someone is willing to pay a certain fee for this copyright now, even if the fee is not high, in their opinion, the money is the same as getting it for free, and they will definitely sell it without hesitation.
Even, it is no exaggeration to say that a record company with copyrights of 100,000 or even hundreds of thousands of songs will not hesitate to sell the copyrights of these 100,000 or even hundreds of thousands of songs as long as they pay a million-level copyright fee. "Mobile phone copyright" is exclusively authorized to myself.
And they will definitely sign a contract with them eagerly, while cursing themselves in their hearts for being a fool for giving away money.
After he gets the exclusive copyright of the record company's mobile phone, he can suggest Tong Fangquan to start the ring tones business.
At that time, whether it was China Telecom or China Unicom after its name was changed, as long as they wanted to do the ring tones business, they had to cooperate with themselves, because only they had the legal exclusive copyright to these popular music.
Although there are a lot of pirated music nowadays, the operator is a central enterprise and respects copyright very well. Therefore, by then, I will use the copyright to cooperate with the operator in the ring tones business.
At that time, the money originally earned by the record company will be absorbed by itself.
What Xu Yiyang wants to do is to first buy all the record companies in Hong Kong and Taiwan and the mobile phone copyrights of all the music in his hands in Hong Kong, and then buy the copyrights of all the mainland record companies after returning to the mainland.
In this way, basically all Mandarin music can be included.
By that time, China Mobile and China Unicom will have no choice but to cooperate with themselves in their ring back tone business.
Li Zekai had never thought of this aspect. Seeing that Xu Yiyang wanted to meet the owner of the record company, he immediately said: "Since Mr. Xu is interested in records, I will call the heads of several major record companies in Hong Kong to come over and have dinner together tonight."
Xu Yiyang smiled and said: "Thank you so much, Mr. Li!"
…
Leaving Mr. Li's office with Fang Junhui, Fang Junhui had already worshiped Xu Yiyang.
Six million yuan was invested in Tencent six months ago, and now US$276 million has been directly cashed out, a profit of nearly 400 times.
Faced with his compliment, Xu Yiyang just smiled and cashed in? You underestimate your brother Xu too much. Are we the kind of people who kill the goose that lays the goose to get the eggs
However, he increasingly felt that Fang Junhui, a young man, was very reliable in his work.
He is a professional, serious attitude, strong business ability, high professional quality, and has connections between the two sides of the Taiwan Strait and three places. It would be a real loss if we don’t recruit such people and use them ourselves.
So, he asked Fang Junhui: "Lawyer Fang, do you want to consider leaving your law firm and come and work with me?"
Fang Junhui asked in surprise: "Mr. Xu, what do you want me to do?"
"Be my lawyer." Xu Yiyang said, "Come to China Shipping and be my personal lawyer, with an annual salary of 800,000 yuan, a basic salary."
Fang Junhui was immediately moved.
Although his current appearance fee is not low, most of it is given to the agency. His annual income is about three to four hundred thousand. Xu Yiyang has more than doubled it for himself, and it is a basic salary, which is really a bargain.
Moreover, he did not doubt Xu Yiyang's strength at all.
This is a rich man who just stole US$276 million from the second son of the Li family. He is now worth more than 2 billion yuan!
Facing such an extremely wealthy boss, Fang Junhui really couldn't find any reason to refuse.
So he said almost without thinking: "Mr. Xu, please take care of me from now on."
Xu Yiyang smiled slightly and said: "If you have someone who is more advantageous, you can also recruit them, and I will double their salary."
"Okay." Fang Junhui said: "There are indeed a few people I brought out who are very useful. I will go back and ask them if they are interested."
"Yeah." Xu Yiyang nodded and said, "Don't be in a hurry to go back today. I want to discuss another cooperation with the bosses of several record companies tonight. You can help me sort out the contracts with them. After this is done, you Go back and apply for resignation, and then you can take a vacation and wait for my instructions."
Fang Junhui said excitedly: "No problem!"
(End of chapter)