Cheng Ran didn’t understand. Why did the reborn person not have the final say
Could it be that this is caused by my disturbance of time and space
Cheng Ran was a little confused, "Is it the wrong way of communication?"
Cheng Qi said, "I know what you mean. I can say that I had a very good communication with the department manager introduced by Brother Li, and we were even about to sign an agreement, but suddenly a red-headed document was issued from above, requiring the telecommunications department to conduct an internal self-inspection of the project and the flow of funds. It just happened to run into the gun of their internal investigation of corruption. How could that department manager dare to offend at this time?"
Cheng Ran suddenly realized that the Lianzhong in his previous life was different from the Lianzhong of today. They just had the same name and similar business, just like CQ, but in fact, because of the time node and place of origin, they had become completely different things.
Cheng Ran had no memory and relevant information, so naturally he didn't know that in his previous life, Offcn bought 79% of the shares of Lianzhong for 5 million. It was also because of the relationship between Offcn and Capital Telecom that they were able to negotiate this first-of-its-kind profit-sharing model in China. Therefore, the influence of Lianzhong that Cheng Ran relied on was only one aspect that facilitated this event, but not the decisive aspect.
Now that the right time and place are not in place, only the right people are there, it is highly likely that this matter will not succeed.
But he still thought things were too simple.
However, Cheng Ran noticed that his elder brother was slightly troubled, so he said, "What else? Tell me."
Cheng Qi said awkwardly, "The problem now is that I thought this would be successful. In fact, we didn't have enough money for expansion before, so I pledged some of my shares. And seeing that this order might be successful, I pledged more, intending to redeem the money when the payment is received..."
Cheng Ran was stunned.
"How much did you bet... How could you do such a thing?" Cheng Ran had tried to restrain his tone, considering that he was the eldest brother, but there was still some sharpness in his tone.
No wonder Cheng Qi avoided the topic from the very beginning and tried to review the development situation. In fact, he had been laying the groundwork for opening the conversation.
Cheng Qi is now more like a child who has made a mistake, with confusion and regret in his eyes. "At first, I saw in the newspaper that a company called Xinsheng Investment came to me and said that if I started a business, they would provide me with funds and pledge their equity. I happened to be short of money, so I pledged some equity and did get the funds. Later, it was like robbing Peter to pay Paul. We split the board game revenue 50-50, and all the money I got was used to invest in development, but it was still not enough... I didn't expect it to develop so fast... Later, I got the approval of the head of the telecommunications department, and thought it was a done deal, so I discussed it with Ren Qi, and he agreed with us, so we pledged our equity."
“How much did you pledge?”
"All the shares of Ren Qi and I."
“That’s sixty percent.”
"The other party told me that pledging equity is actually a very common phenomenon. There is no company that is not short of money. 90% of private start-up companies will pledge equity. This is not asking for help. I learned more about it and found that what the other party said is true."
Cheng Ran was silent for a moment, then said, "Why didn't you ask me for money if you needed it?"
Cheng Qi stiffened his neck and said, "I do business and don't borrow money from relatives or friends. If there is a loss, it's my own responsibility and I won't blame others."
"So you're just going to invest 60% of the shares right away? If the boat capsizes, I'll be helpless."
"There is no other way but to pledge so much... The other party evaluated our company and thought that the entire company is only worth 5 million. They can lend us a loan at this valuation. I calculated that the loan is too little to cover the cost of development in the next two years. I estimated that 2 to 3 million is needed. It just so happens that the department manager told me that the ISP splits the account and the allocation of funds is also an annual split model, so it will take a year for the funds to be in place. So I decided to pledge 3 million. He gave me 3 million for three years, with an annual interest of 350,000. Besides, I thought that you still have 40% of the equity, so it shouldn't be a big problem."
Cheng Ran suddenly realized that the other party seemed to really like the value of Lianzhong platform as the number one online gaming platform in the country, otherwise he would not agree to such a large equity pledge method similar to cashing out, so he asked, "How much money do you have now?"
"I've already deducted a year's worth of interest from the money I received, plus these two months' expenses, there's still over 2.2 million..."
Cheng Ran frowned, knowing that he still neglected Cheng Qi.
The most important thing is, he had no idea that Cheng Qi's Lianzhong would develop so rapidly, even surpassing what he knew in his previous life, and the ISP revenue-sharing method he predicted could not be realized due to the wrong time and place, as well as force majeure.
This is simply the case. It was said that the reborn people know everything!
Now, the feeling that war is coming from all directions is beginning to surround us in the dark.
Cheng Ran really didn't like this feeling. It was like a panic that the situation was starting to get out of his control.
He knew that he couldn't control everything, but he never expected that the breach would come from his eldest brother.
The key question is, although he has two sources of cash flow, does he have to support two starving companies, CQ and Lianzhong
CQ was already stretched to the limit. If Lianzhong continued to develop like this, it would be two bottomless holes, which was not what Cheng Qi had predicted.
The company that Cheng Qi borrowed money from must be a formal company, and the annual interest is also quite normal. Private enterprises are thirsty for funds, and often need such investment companies or banks to provide capital transfusions in the form of equity pledges. This is not uncommon.
Cheng Qi became the largest domestic gaming platform reported in the newspapers, so it was natural for such companies to come knocking on the door.
Now, in order to solve the urgent problem, Cheng Qi has also chosen funds with cost pressure, which will make the situation even worse in the future.
Cheng Ran still has some cash reserves, but the construction of the second floor of Tianxing Dojo has consumed some of it. He has cash flow every month, but the cash flow now has to support CQ and Lianzhong, and the pressure has increased sharply. Selling stocks for financing? Given the current size of CQ and Lianzhong, selling them means cutting meat at a low price, and it is a big cut.
After a brief silence, Cheng Ran said to Cheng Qi, "Since you have already paid the interest for one year, you can use the two million first. Then, when you go back, make a budget for the development needs in the next few months. The more accurate the better. Give it to me after you have done it. I will reserve this money for you and give me the rest."
"Now go back and count it, and give it to me tonight if possible."
After a pause, Cheng Ran said, "Time is running out, prepare for battle."
On the balcony, Cheng Ran stood there for a long time with a frown on his brows as he watched Cheng Qi's Peugeot start and drive away.
Did we have to use that method in the end
:. :
Easy to read