Full Cup of Water - Chap 25
Since Yuzhuo Group planned to go public in the short term, it naturally could not go through the conventional IPO process. Regarding this point, it was the same for both Xin Simu and Xin Qianyu’s plans. They both chose the method of buying a shell company to go public. If they bought a shell company, the time taken to go public would be faster, which could effectively save time and cost. If they bought a shell company, there was no need to wait in line for approval. After the purchase, the listing plan would be completed through reorganization and integration of the business. In contrast, a normal IPO would take several years to go public, which was really too long.
However, buying a shell company also had certain disadvantages. It would involve many uncontrollable risks, including quality risks, acquisition risks, and other uncontrollable risks in the issuance of new shares. Based on past cases, many shell company purchases by listed companies had hidden issues such as financial black holes, hidden debts, and legal litigation. Finding a clean shell company in the market was as difficult as finding a clean man to love.
“Where can we find such a shell company?” Xin Mu muttered.
“We don’t have to be bothered with finding it,” Xin Qianyu said. “Xin Simu had definitely not only written a beautiful plan in the past half year but also implemented the preliminary plan. She should have already contacted an interested shell company.”
Xin Mu also felt that was logical upon hearing it. “Indeed, Xin Simu doesn’t fight uncertain battles. Okay, I’ll check it out.”
Xin Mu, the well-informed veteran of the Yuzhuo Group, and Zhu Pu, the well-informed disciple, both began to inquire about who Xin Simu had been in contact with previously.
Probably the inquiry was too blatant, and even Xin Simu knew about it.
Xin Simu called Xin Qianyu to the office and said, “If you have any questions, you can ask me directly. You don’t have to go around behind my back. We’re all one family. If there’s anything, you might as well bring it up and say it.”
Also knowing that it was really a bit embarrassing to inquire behind her back, Xin Qianyu’s attitude softened. He smiled and said, “That’s why I was saying, our Xiao Mu Jie is the one with the biggest picture…”
“As long as you know it.” Xin Simu put an investigation report in front of Xin Qianyu. “This is the shell company I fancy – ‘Feiyang Technology’.”
Xin Qianyu hurriedly took the investigation report into his hand and began to flip through it. “What’s the origin of this? Feiyang Technology……”
“The founder and chairman of this company is named Zhan Feiyang. Due to Zhan Feiyang’s poor management, he is preparing to sell the company.” Xin Simu said. “Six months ago, I asked an independent third party to conduct due diligence on ‘Feiyang Technology’. This is the investigation report, which is similar to what Zhan Feiyang said.”
When Xin Qianyu heard “six months ago”, he faintly admired Xin Simu’s devotion to take action.
“Thank you, Xiao Mu Jie.” Xin Qianyu sighed and asked, “Does Zhan Feiyang have an offer?”
“The offer has been made, and he hopes to sell the company for 250 million yuan.” Xin Simu folded her hands on the desk and glanced at the investigation report. “And the estimated cost of cleaning up the shell company is 50 million, so it will cost 300 million in total.”
Xin Qianyu was silent for a long time. “300 million…”
Under normal circumstances, there would be no problems with taking 300 million out. Previously, Xin Qianyu bought a school in Malaysia, spending 3 billion in a single breath.
But now, the Yuzhuo Group itself was also in debt, and recently there was no income due to the Black Swan incident. Its finances were very tight with liquidity at about 600 million. If it went down to 300 million, half of it would be eaten up, and there would definitely be incurred expenses in the future. Additionally, the group’s daily operations cost money, and he did not know how long 600 million could support it.
Xin Qianyu also expressed his concerns to Xin Mu.
Xin Mu said, “Isn’t it just 300 million?”
Hearing the words “Isn’t it just”, Xin Qianyu’s eyes lit up. “Why? Do you have the money?”
Xin Mu said, “Isn’t there Su Zhong? Regardless of whether it’s 300 million, 30 billion, or 30 billion, he can get it, correct?”
” ..” Xin Qianyu wilted immediately. “What does Su Zhongs money matter to me?”
Xin Mu said, “Son, don’t be so stubborn, okay? I have no problems if you can’t get along with your ex-boyfriend. But if you can’t get along with money, you’re crazy.”
Xin Qianyu was also quite hesitant. “This is not my problem alone, but also the problem of the board of directors. Regardless of whether it’s M-global or Su Zhong, they are not philanthropists, but capitalists! Do you believe that he’s really trying to help me, his ex-boyfriend, with his money?”
“Who cares if his heart is true or not?” Xin Mu said. “As long as the money is real.”
Xin Qianyu choked. “When the investment comes in, equity would be demanded. Are the relatives on the board of directors willing to distribute their shares to outsiders?”
Xin Mu smiled. “You’ll be able to block others with these words, but you won’t be able to block me. Which one of those relatives is able to beat you?”
“Tsk, I’m just a junior. Could I really outsmart them?” Xin Qianyu waved his hand, found an excuse and slipped away. He really did not want to continue the conversation with Xin Mu.
Because no matter what he said, Xin Mu would suggest that Xin Qianyu trick Su Zhong for money and sex.
After leaving his mother’s office, Xin Qianyu looked at the time. It was noon, so he went to a restaurant to eat alone.
This restaurant was near Yuzhuo, and the taste greatly suited Xin Qianyu. Therefore, as long as Xin Qianyu was at the headquarters, he would come here to eat nine out of ten times.
It was a membership-based restaurant, and generally, outsiders rarely came. Xin Qianyu sat down at the dining table casually. As soon as he raised his eyes, he saw David and Rui Lei walking in, discussing an unknown subject, and there seemed to be a worried look in their eyes.
Their eyes met Xin Qianyu, and they were startled.
Xin Qianyu did not intend to waste time on these two people, so he lowered his head and looked at the menu.
But David thought that Xin Qianyu’s bowed head was a signal of weakness, so he took the initiative to walk over with Rui Lei and sat down unceremoniously, saying, “No one is sitting in this seat, right?” Only asking such a question after sitting down was quite rude.
Xin Qianyu sneered. “No one is sitting there. It’s for dogs.”
David’s expression stiffened, and he thought to himself, This Xin Qianyu deserved to be surnamed Xin. He’s really spicy. Why didn’t you see it before?
Although Xin Qianyu insinuated that David was a dog, David did not look angry at all. He even chatted with Xin Qianyu regardless, the skin of his face thicker than a corner of the Great Wall. As for the person who did not stretch out his hand to hit the smiling face, Xin Qianyu did not continue to mock him and only engaged in small talk with him. Seeing that David’s attitude had changed so obviously, Xin Qianyu was curious and wanted to know what David was trying to do.
After the greetings, David smiled again and said, “Do you regret breaking up with Su Zhong?”
Xin Qianyu did not expect David to mention this suddenly and frowned. “Does it have anything to do with you?”
“Oh, I also regret that I didn’t keep him in the company at that time…” David seemed to have found “someone with the same misfortune to sympathize with” and said it as if he wanted to sigh.
Xin Qianyu did not want to sympathize with him and only said, “If he was retained by you, it would be him who regrets it. Mixing with you, the best that one can become would be like Rui Lei. How could he be as impressive as now?”
Rui Lei sitting next to him was stabbed inexplicably, but all she could do was maintain a lady’s smile.
Xin Qianyu snorted coldly. “If you have something to say, then say it. If there’s nothing else, please leave. Don’t disturb my meal.”
David felt he was already very polite to talk to Xin Qianyu like this. He did not expect Xin Qianyu to be so disrespectful. The more polite he was to him, the more aggressive he became, and his words were prickly and embarrassing. David could not hold it in anymore, so he also turned cold. “Master Xin, although you are a rich heir, life has ups and downs. No one knows which way Feng Shui will go. I’m afraid your group also has a lot of financial service needs now. With an additional friend and an additional path, you can give yourself some room for whatever you do, in case we meet again in the future!”
Xin Qianyu chuckled. “When you ridiculed me at the banquet a few days ago, why didn’t you tell yourself, ‘Give yourself some room for whatever you do’? Now you are being friendly with me. I’m afraid it’s your ass that’s on fire, and you’re begging for help, right? What kind of smiling face do you expect me to give you? You can continue dreaming!”
David was so flustered that he could not maintain his expression anymore. He could not have imagined that Xin Qianyu’s sharp words would really reveal the truth in one penetrating remark.
At this moment, a waiter came over and handed Xin Qianyu a note. “It was given to you by a gentleman from the private room, inviting you there for a chat.”
Xin Qianyu unfolded the note for a look, and it said, It’s about buying a shell company.
“Which private room?” Xin Qianyu immediately stood up and asked.
It stood to reason that if it were an ordinary situation, Xin Qianyu would not be so casually hooked by a note. But now, it was different. First was that David was as annoying as a buzzing fly. Secondly, the matter of buying a shell company touched Xin Qianyu’s nerves. Thirdly, anyone who could sit in a private room at this membership restaurant must be someone, so he was worth meeting.
As a result, David and Rui Lei could only watch Xin Qianyu being taken away by the waiter.
The waiter took Xin Qianyu to the private room, and upon pushing the door open, he saw Su Zhong sitting inside.
Xin Qianyu was slightly startled, but he was not too surprised. Instead, he thought, It really is you.
He took a seat in front of Su Zhong and said, “I didn’t expect it to be you again.”
“Yes.” Su Zhong nodded slightly.
Xin Qianyu did not want to beat around the bush, so he said in a straightforward manner. “Do you have any professional opinions on buying a shell company?”
Su Zhong seemed to be very accustomed to this way of going straight to the point, so he replied, “In terms of the scale of financing and the cost of listing, there’s a very obvious gap between listing through a shell company and direct listing. If I were you, I wouldn’t choose to buy a shell company to go public.”
“Who doesn’t know that a mom is a woman?” Xin Qianyu did not expect Su Zhong’s professional opinion to be such an obvious fact. “The IPO takes a long time. Isn’t this unbearable?”
Su Zhong said, “Didn’t you say the last time that your company’s cash flow is very healthy and there’s no shortage of money? How can you not afford it?”
Xin Qianyu choked and could not say, “I was bragging last time.” Xin Qianyu’s expression instantly changed. Su Zhong regretted his gaffe and immediately explained, “Please don’t mind me. I just tried to make a joke to ease the atmosphere.”
Xin Qianyu seemed to be hearing a fantasy story. “Make a joke?”
“Yes, make a joke.” Su Zhong said with a tone like he was talking about a math problem. “Is my joke not funny?”
Xin Qianyu touched his nose awkwardly. “Well, yes.”
Su Zhong’s face showed a look of failure. “Ah, I see. Sorry, I’m still learning.”
“Learning?” Xin Qianyu could not figure it out. “Learning to make jokes?”
“I’m learning to socialize.” Su Zhong said earnestly. He took out a tablet and stylus as if preparing to record something. “Where do you think my joke failed? Is it because it’s offensive?”
“Uh…a little bit.” Xin Qianyu touched his head.
Su Zhong nodded. “Why did it make you feel offended? Can you expand on it?”
“Ah……?” Xin Qianyu was knocked down by the question. “I don’t know.”
“Well, can you do it via a multiple-choice question?” Su Zhong tapped the tablet with the stylus, selected something and said, “A. It involves personal privacy; B. The level of the joke exceeds the range of psychological tolerance; C. This joke is of a malicious and mocking nature; D…”
Looking at Su Zhong, who was studying joke offensiveness solemnly, Xin Qianyu’s surprise contained a slight sense of security. Sure enough, this is still the Su Zhong I know.
This sense of familiarity made Xin Qianyu smile unconsciously. “Are you doing such in-depth research on jokes?”
Su Zhong said, “Yes, socializing is a very profound subject, and I’m studying hard.”
Xin Qianyu was surprised. “I thought you didn’t care about socializing.”
Su Zhong replied, “I’m just not good at it.”
Xin Qianyu nodded. “Actually, you don’t have to be good at it. It’s also good to be as cold and distant as you used to be. Just as long as you’re comfortable.”
“But didn’t you dislike it?” Su Zhong tilted his head, his expression like a golden retriever looking at his owner.
Xin Qianyu was taken aback and almost blurted out that he actually liked it, but choked before the words could come out. He cleared his throat. “Ahem, let’s get back to business. You said you don’t recommend me to buy a shell company to go public. Is there any other reason?”
“Did you change the subject so bluntly because what I just said made you embarrassed?” Su Zhong held the stylus and asked earnestly.