He thought for a while and said, "I'll think about it again and talk about it in a few days."
He couldn't decide on such a big matter for a while, and even if he agreed, he would have to ask other shareholders for their opinions, because Hongxin's investment would definitely dilute their shareholding.
Su Xu thought for a long time, and it seemed that what Su Zhirong said made sense. Until midnight, he kept thinking about this issue over and over again.
Ye Rui asked: "What are you thinking about when you're still up so late?"
Su Xu briefly explained the matter to his wife, and Ye Rui smiled and said, "You are confused. Let's look at it from an objective point of view. Is it a good thing or a bad thing if Hongxin invests in Leiyu Appliances?"
"Of course it's a good thing!" Su Xu said, "Hongxin's capital and resources are what we need. Now Leiyu Home Appliances are not as good as the previous ones, and compared with the lower ones, they can only compete on price with those low-end brands, and the profits are low. ”
"If we can enter the high-end smart home field, there will be a future. Unfortunately, where will the capital invest in us? They will invest in those big brands."
Ye Rui smiled and said: "You have already analyzed it from an objective perspective, and I will help you analyze it from a subjective perspective."
"You want to make a smart home, right?"
"Yeah." Su Xu nodded.
"Then, other shareholders of the company feel that they have invested too much money in research and development without any obvious return. So they want to continue to maintain the current status, which is different from your business philosophy, but you can't convince them."
"If Hongxin buys shares in your company and gains the right to speak, think about it, who makes decisions in the company at that time? Lu Zixin is your son-in-law after all, and his business philosophy is the same as yours. At that time, the company was not yours to say What’s the deal? Those shareholders can’t influence you anymore.”
"Eh... That makes sense!" Su Xu reacted.
"So, isn't this simple? Both objective and subjective are beneficial. Why do you want to do so much? Just facilitate this! Are you still worried that our daughter is joking with you?" Ye Rui said.
"Yes, my mind really couldn't turn around just now!" Su Xu thought about it a little and smiled: "My wife can understand it better."
"Okay, go to sleep. I'll think about other things tomorrow."
…
Su Xu agreed to Lu Zixin's proposal, and the next step was for him to convince other shareholders of the company.
In addition to individual shares of Leiyu Home Appliances, there are a total of nine other shareholders holding more than 5% of the shares. These eleven people are all company managers, and three of them, accounting for more than 10%, are Su Xu, who holds 12.3% of the shares, and Cai Yun, another vice president of the company, who holds 14.5% of the shares.
The remaining largest shareholder is Nie Guanglin, the current CEO of Leiyu Home Appliances, who holds 18% of the shares.
Basically, as long as three of them, or a majority of the nine, agree on a decision, the matter is settled.
Su Xu always acted vigorously and resolutely, so he couldn't wait for the Chinese New Year, so he found Cai Yun and Nie Guanglin.
Nie Guanglin is over fifty this year, ten years older than Su Xu. It was he, Su Xu and Cai Yun who started a business together in Jiangcheng and then established themselves in the Magic City.
In the office, Nie Guanglin said helplessly: "Lao Su, it's the Chinese New Year now, and I'm very busy with the world. Why did you call us over? What's the important thing?"
Cai Yun guessed: "You're not talking about your smart speaker again, are you?"
"Hey, there's no need to mention this!" Nie Guanglin said, "Everyone has discussed it in previous meetings. This investment is not proportional to the return. The project will definitely be axed, and it's useless for you to tell us."
However, this time, Su Xu did not show the same disappointed look as before, but said: "No, the smart speaker is already ready."
"Is it done?" the two asked in surprise.
"You can come and experience it." Su Xu took the two of them to the smart home experimental room and let them experience the functions of the latest version of the smart speaker.
The two people immediately showed joy and said: "Great, our smart speakers are even better than Jingdong's Dingdong speakers and Tmall Genie."
"The investment in this project was not in vain, Lao Su, congratulations, your research and development was successful!"
Nie Guanglin even smiled and said: "Now the company has another home appliance product, and this is all your credit! I will announce this to the whole company when we have a meeting in the next year!"
"This is actually not only our company's product." Su Xu's words confused the two of them.
"What's the meaning?"
"The voice interaction system of this latest smart speaker has been improved by Hongxin Company. And some important high-tech sensors also come from Hongxin Company." Su Xuyue explained, and the two of them became more and more confused.
"Hongxin? How does this have anything to do with Hongxin? Our company doesn't cooperate with them?"
Su Xu briefly explained and said: "Hongxin Company wants to invest in us and jointly develop the smart home field."
"We welcome investment, but they want to become the largest shareholder..." Nie Guanglin frowned, "Doesn't this require us to let them run the company?"
Su Xu explained: "They will not intervene in the main business for the time being. But in the direction of business, they will ask to go into the smart home field. They have the investment and technical strength, so we will not suffer!"
Cai Yun thought for a while, nodded and said: "On the surface, it seems that I am not at a disadvantage, and I even got a big advantage!"
"But I'm afraid that Hongxin Company's business philosophy is different from ours, and we will need to rearrange its management and business methods."
Su Xu said: "Our company has not had any performance growth for several years. Maybe we need to change it."
Nie Guanglin did not express his opinion, he knew very well. If Hongxin invests in Leiyu Home Appliances, the stocks in the hands of each of their shareholders will become more valuable. The company may also get better development opportunities.
But the most important point is that the company will be separated from his control in the future and will be included under the Hongxin Group. He couldn't bear to part with the position of CEO. Although he was not the leader of any agency, as the top executive of a company, he could still enjoy some of the pleasure that status brought.
"Lao Cai, what do you think?" Nie Guanglin asked Cai Yun.
Cai Yun is actually very happy in his heart. No matter who is in control of the overall situation, he can be used. And his net worth will also rise.
So Cai Yun said tactfully: "I think we can talk to Hongxin, but the conditions must be studied further."
"I still have to think about this matter." Nie Guanglin said, "We will discuss it after the new year is over."
Nie Guanglin was unable to make a decision for a while, and the same was true for other shareholders. That kind of pure investor naturally hopes that Hongxin will join the game. But if you are a manager at Leiyu Home Appliances, you are a little hesitant. You are afraid that your position will change after Hongxin takes over the company, so you are waiting and watching, and you are also discussing with each other.
Su Xu also told Lu Zixin about this situation, and Lu Zixin said with a smile: "This is not easy. Add some fire to them and they will be able to make a decision."