Chapter 68 Acquisition Failure
Song Hongshuo said this and laughed at himself.
He took over the company from his father.
At the beginning, this company was just an OEM factory, but later it gradually developed its own brand.
In the past few years, the country developed new energy and reaped the benefits.
The company's assembly lines have also been completely transformed to produce new energy vehicles.
Later, after obtaining a certain amount of funds, he set up his own new energy vehicle research laboratory.
We have developed a series of high-tech products, which have received good responses in the market.
But because of some things that happened some time ago.
This caused the reputation of their company's brand to plummet, to the point where they are unable to even sell a single car.
He originally thought about selling the company.
But when he thought about his father's property falling into his hands and becoming like this, he felt unwilling.
During this time, I visited various big bosses everywhere, trying to get investment, but no one was willing.
Ning Fan really came here to make a purchase this time, which made him feel a little ironic.
Unexpectedly, Ning Fan smiled.
"Boss Song, before we came here, I had already investigated everything about your company."
"It has been almost thirty years since your company was founded."
"It's just that due to some things, your company is now in trouble."
“That’s why I plan to acquire your company.”
When Song Hongshuo heard this, he was completely stunned.
He stood up from his chair excitedly.
"Boss Ning, are you serious?"
Being acquired is better than bankruptcy, at least the company is still there.
He had also heard that Ning Fan usually only charged 90%.
In this way, at least 10% of the shares are still in my hands.
Ning Fan smiled and nodded, then pointed to the contract that Shen Xi handed over.
"Of course it is true. You can take a look at this document."
“It’s clearly written in this document.”
“All our terms and requirements are listed above.”
After saying that, Song Hongshuo immediately picked up the document and started looking through it.
It was just as Ning Fan said.
All the conditions above are clearly written.
And Ning Fan only wants 90% this time, leaving 10%.
More importantly, the company is still under his management.
Ning Fan will not interfere in daily management except for some major directions.
After a long time, Song Hongshuo finished reading the contract and slowly placed it on the table. Ning Fan then spoke.
"How about it?"
"Can you accept my condition?"
"Okay." Song Hongshuo nodded heavily.
"That's great." Ning Fan also laughed. It was so refreshing to discuss cooperation with such a straightforward person.
However, at this time Song Hongshuo raised his head again and looked at Ning Fan helplessly.
"But I don't own all the shares of this company."
"I only have 51% of it."
"The rest are in the hands of some shareholders, and they have to be willing to sell them to you."
"Would it be convenient for you to call them over?" Ning Fan asked.
Ning Fan was not surprised by this, as the same thing happened when he acquired other companies before.
"Okay." Song Hongshuo did not hesitate.
Soon, three middle-aged men came to Song Hongshuo's office.
The person in front looked at Ning Fan coldly with a hint of surprise in his eyes.
"Who was going to acquire this company? It turned out to be President Ning."
"Boss Ning, when did you plan to enter the new energy vehicle market?"
Ning Fan could sense some ill intention in the man's words. He frowned and said half-jokingly, "Just kidding."
“I thought there should be some profit to be made so I wanted to invest.”
Song Hongshuo stood up immediately.
"Boss Ning, let me introduce you to these three old shareholders of our company."
After Song Hongshuo's introduction, Ning Fan realized that the person who had just spoken to him was called Tian Li.
The two who followed in were called Yang Zhuang and the other was called Nong Zhixue.
Tian Li started his business with Song Hongshuo's father.
Yang Zhuang and Nong Zhixue joined the investment later.
Tian Li didn't hesitate and sat directly in front of Ning Fan.
He looked down at Ning Fan.
"Boss Ning wants to buy our shares. How much does he want?"
"Buy it at the market price." Ning Fan said.
As soon as he finished speaking, Tian Li frowned.
"Boss Ning, you don't have any sincerity in purchasing the property. How can you buy it at the market price?"
Ning Fan was not angry and just smiled.
"You should know more about the company's current situation than I do."
"Even if I don't buy it, this company will go bankrupt soon, and your shares will be worthless by then."
"Now that I have acquired it, you can get some of your principal back."
However, as soon as he finished speaking, Yang Zhuang on the side sneered.
"Who told you that the shares we hold will become worthless?"
"Do you think you're the only one who wants to buy out our shares?"
After these words were spoken, Ning Fan and Shen Xi were both stunned.
The situation of Fengling Automobile Manufacturing Company has reached the point of decline.
Are there other companies that want to acquire it?
But Ning Fan did not rule out this possibility.
After all, the facilities of this enterprise are quite complete, and it would be nice to buy it and move it to a contemporary factory.
Song Hongshuo's brows suddenly furrowed.
"Uncle Zhao, someone wants to buy your shares, why don't I know about it?"
"Didn't I have the chance to tell you this?" Tian Li glanced at Song Hongshuo and didn't take him seriously at all.
However, with just this one sentence, Ning Fan suddenly realized something was wrong.
Although Tian Li is an old shareholder, no matter what, Song Hongshuo is the chairman of the company.
If someone wants to buy their shares, Song Hongshuo should be the first one to be notified.
However, the other party concealed it.
But Ning Fan didn't want to get involved in these matters, so he asked again: "So how much money do you want to pay?"
But Tian Li started to laugh.
"It's not about how much we want to pay, but it depends on the price you both offer."
"When it comes to selling shares, of course I'll sell them to whoever offers the highest price."
Ning Fan nodded, this was indeed the truth.
"I wonder if it would be convenient for you to call him up and talk to him. It would be more convenient to discuss this matter face to face."
Tian Li refused without even thinking about it.
"I'm afraid it's not convenient today."
"It's so late now, it's impossible to ask them to come here specially, why not do it tomorrow, then we can talk here."
Ning Fan frowned.
This period of time is very tight, but there is not much difference between today and tomorrow.
"Okay, then we'll meet here tomorrow morning."
After saying that, Ning Fan didn't stay any longer and got up and left.
Song Hongshuo personally escorted Ning Fan out of the company.
Seeing Ning Fan and Song Hongshuo leaving Yang Zhuang, he quickly glanced at Tian Li.
"What should we do now?"
(End of this chapter)