Chapter 440 Conflict of Interest

Chapter 440 Conflict of Interest

Chapter 440 Conflict of Interest
Noticing He Zhihui's abnormality, He Jingping kicked him silently under the table.

There was a hint of warning and reminder in his tone: "Zhihui, Mr. Tang is about the same age as you, but his achievements are many times greater than yours. You can communicate with Mr. Tang more and learn from him in the future."

He knew his son very well.

He Zhihui has good personal abilities and qualities, but he likes beautiful women and has a somewhat dissolute style.

Normally he would turn a blind eye, but today the situation was different—Lin Muxue was Tang Song's female assistant, and she was so beautiful, so it was obvious that they had a special relationship.

If He Zhihui offended Tang Song because of his frivolous behavior, it would be a loss.

He Zhihui quickly suppressed the strange emotions in his eyes and turned his gaze to Tang Song, with a smile on his face, "I really need to learn from Mr. Tang. I heard that Lanfeng International Hotel is also an asset under Mr. Tang's name, and I am a frequent visitor there."

"Thank you for the compliment." Tang Song tapped the wall of the crystal glass with his fingertips. The crisp sound of the impact made his voice even calmer.

He Jingping laughed twice when he heard this, raised his glass and clinked it with everyone's.

I followed the conversation and chatted with him about Huachang Clothing's quarterly report and the strategic planning meeting held a few days ago.

Tang Song always had a faint smile on his face, and he chatted and laughed with He Jingping, speaking confidently and casually.

He Zhihui on the side interrupted several times, but did not get much response.

Noticing Tang Song's attitude, He Zhihui curled his lips subconsciously. It was obvious that the other party did not take him, the second generation who "relied on his father wholeheartedly", seriously.

But he had to admit that the other party did have the capital to do so.

Tang Song suddenly acquired 35% of Huachang Clothing's shares. As the chairman, how could He Jingping not investigate his background?

According to the information they could find on the Internet, in addition to Songmei Clothing, Tang Song also holds 80% of the shares of Lanfeng International Hotel and 34% of the shares of Didu Bocai Yingrui Management Consulting Co., Ltd.

Being able to possess so many high-quality assets at this age is enough to prove that the other person is extraordinary.

Of course, he wouldn't be too afraid.

Their family has been working hard in Yancheng for so many years. In addition to Huachang Clothing, they also have many companies in the fields of commerce, medical care, agriculture, etc. They can be said to be veritable local tyrants.

Then, he secretly glanced at Lin Muxue opposite him.

She is much more beautiful now than she was more than a year ago.

It’s mainly about her temperament and outfit, she looks really eye-catching.

He has come into contact with many women, but only a few of them left a deep impression on him, and the model Xiaoxue is one of them.

After all, the other party had rejected him many times.

Men will always be obsessed with regrets.

At this moment, his feet under the table were suddenly kicked by his father again. He Zhihui quickly sat up straight, with a look of attentive listening on his face.

He Jingping coughed lightly and said, "At present, the IP 'He Yiyi' has occupied a place in the Douyin clothing track and has won the attention and recognition of the industry. Mr. Tang, you started from the live broadcast track and developed Songmei Clothing to this scale in a short time. I, a veteran in the clothing industry, really admire you."

His tone was sincere, and there was some admiration in his eyes, but there was a hint of temptation in his eyes.

Tang Song put down his chopsticks and said in a steady and calm voice: "Mr. He, you are too kind. The success of Songmei Clothing is accidental. The fact that Huashang Clothing has been able to stand firm for so many years shows Mr. He's ability is worthy of admiration. I believe that the future cooperation between our two companies will benefit both sides."

He Jingping shook his head, raised his glass and clinked it with Tang Song's, with a bit of emotion in his tone: "To be honest, Huashang Clothing is a bit behind the times now. This time I went to Hangzhou and came into contact with many clothing e-commerce and MCN companies, and I was deeply touched. Our reform is imminent!"

Then, he began to talk incessantly about his insights from this business trip, from the explosive growth of live streaming e-commerce, to the importance of flexible supply chains, to the trend of brand IPization.

Listening to his long speech, Tang Song raised his eyebrows slightly, already realizing that something was wrong.

He just wanted to use the new production line of Huachang Clothing's headquarters factory to produce some of Songmei Clothing's products. But He Jingping kept talking about irrelevant things and never mentioned the main business. It was obvious that he had other plans.

When He Jingping was speaking, Tang Song looked at him and said directly, "Mr. He, I believe Mr. Wu has already discussed my plan with you. I want the new production line of Huashang Clothing's headquarters factory, a 5-year exclusive agreement and production capacity priority."

He Jingping put down his wine glass, pondered for a moment, and said with some caution: "Mr. Tang, to be honest, Huashang Clothing upgraded these two new production lines in order to create a flexible supply chain, and the goal is e-commerce!
To this end, we spent more than half a year and invested a total of more than 6000 million yuan to complete the full-link digitalization and realize C2M customization capabilities!

The new production line has the capacity of minimum order of 50 pieces and quick response within 7 days. The number of SKUs has increased by 3 times and capital occupation has been reduced by 60%!

This production line can certainly become a dedicated workshop for Songmei Clothing, but my opinion is that we can have a deeper cooperation! ”

"Oh? What do you mean?" Tang Song leaned forward slightly, his eyes deep and bright.

He Jingping's eyes flickered, and he said with a smile: "My idea is that we should set up a joint venture.

Huachang provides the production line, resources, design and management team, while Songmei provides the IP and traffic. The equity ratio can be negotiated.

We will operate the new company independently and integrate resources to fully build this clothing brand.

This will ensure Songmei's independence while allowing the company to share all of Huashang's resources."

Hearing this, Tang Song understood instantly.

He Jingping was attracted by the IP and traffic of Songmei Clothing.

Today, Huachang Clothing operates two lines in parallel: its own brand and OEM. The OEM business is declining due to the impact of the Southeast Asian market, and the own brand has not seen any significant improvement.

Huachang Clothing, which has been seeking to go public, is looking for new growth points.

Seeing Tang Song in silence, He Zhihui said, "I once talked with Mr. Zhang from Sequoia. The model of live streaming e-commerce + flexible supply chain is currently a very popular investment trend.

If our joint venture can achieve a GMV of 5 million in the future, based on a price-to-sales ratio (PS) of 4 times, that would be a valuation of 20 billion!
Most importantly, this can speed up the overall listing of Huachang Clothing, and by then the value of your equity will at least triple!"

Tang Song looked at He Zhihui, "Mr. He knows a lot."

He Jingping patted his son on the shoulder and said with a smile: "Mr. Tang, Zhihui was once in charge of the brand operation of [Huachang Whisper] and has rich experience in this area. Later, he worked as a manager in Huachang Cultural and Creative and has worked closely with many large live e-commerce companies.

When our joint venture is established, I would like to recommend him to be the person in charge."

He Zhihui showed a confident smile on his face and said in a clear voice: "Director Tang, you are also a shareholder of Huashang Clothing, and our interests are the same.

The era of fighting alone is over. Now, if we want to become bigger and stronger, we must integrate resources and develop in groups.

With the full multi-dimensional support of Huachang Clothing, inventory risks and financial pressures will be eliminated, and the joint venture will definitely have a bright future!
Huashang Clothing and Songmei Clothing will also have new opportunities!"

After saying that, the father and son looked at Tang Song with full confidence.

No matter how you look at it, this is a good thing.

Especially the launch of Huachang Clothing is definitely a temptation that no one can refuse.

Huachang Clothing, which currently has a net asset of 8 million yuan and the prospects of the joint venture, can reach a PB of 3.55 to 4.55 times after listing, and its final market value may exceed 30 billion yuan.

They didn't think Tang Song would refuse.

As Tang Song remained silent, the box fell into a quiet and tense atmosphere.

Lin Muxue moved her legs and her attention was also drawn to it.

Although she didn't quite understand what was said, she had worked in a financial company for a long time, so she could understand the general meaning.

Out of personal feelings, she really disliked He Zhihui and didn't want him to have any more cooperation with Tang Song.

But she also knows the importance of it.

This is a listing! It is the ultimate goal of many companies and the most important channel for shareholders to realize cash.

"I'm sorry, Mr. He." Tang Song shook his head regretfully and said seriously, "I have a clear direction for the future of Songmei Clothing, including the positioning and development path of the new brand [HEYI Studio]. I think what Songmei needs now is to focus on its own brand building, rather than distracting its attention from the joint venture."

As his words fell, the atmosphere in the box seemed to freeze for a few seconds.

He Zhihui frowned, and there was a subtle change in the way he looked at Tang Song.

The smile on He Jingping's face froze slightly, but soon returned to normal.

He picked up the wine glass and took a sip, with a tentative tone: "Director Tang, are you worried about the control of the joint venture? We can discuss this and ensure that your interests are protected."

"No." Tang Song crossed his hands and placed them on the table. "The joint venture model will affect my strategic layout for Songmei Clothing and is contrary to my goals, so I'm sorry."

Seeing this, He Zhihui couldn't help but interrupt and said, "Mr. Tang, the market competition is so fierce now. If we rely on just one company..."

Tang Song interrupted directly and said calmly: "Let's talk about the OEM business."

Although what He Jingping and his son said was very tempting, it had no effect on him at all.

Songmei Clothing carries his [growth plan mission] and must proceed step by step according to the plan.

Moreover, the future is full of uncertainties, and the current sizes of the two companies are completely unequal. Cooperation will only make Songmei Clothing a vassal, which is totally unnecessary.

He doesn't need to make money by selling the company or going public.

He Zhihui was interrupted by Tang Song and felt inexplicably angry.

This guy didn't take himself seriously at all and was very casual about it.

Gritting his teeth, He Zhihui said, "Mr. Tang, we have already contacted several live-streaming e-commerce companies in Hangzhou. Two of them are willing to establish a joint venture with Huashang Clothing and are even interested in cross-holdings. However, we currently only have one flexible production line."

"Okay, Zhihui!" He Jingping waved his hand, still smiling, "Director Tang, we can talk about cooperation slowly, there's no rush."

Tang Song glanced at He Zhihui calmly and said firmly: "Mr. He, I take this matter very seriously and don't want to drag it on. Please give me a definite answer."

As a company director and shareholder holding 35% of the shares, he took the initiative to contact He Jingping to seek cooperation, which was also to create output value and business for Huachang Clothing.

And He Jingping obviously has his own little thoughts.

Finding new growth points for Huachang Clothing is one purpose, but more importantly, it is to cultivate his son.

After all, he is 55 years old this year. If he wants to train He Zhihui as his successor, he must have sufficiently impressive achievements.

Hearing Tang Song's blunt words, the smile on He Jingping's face gradually faded.

He Jingping lowered his head and took a sip of wine. He Jingping said, "If that's the case, Mr. Tang might as well wait a while. We have already started planning the third new production line, which is in the second factory on the outskirts of the city. We can use the previous production line to carry out preliminary cooperation, and after the new production line is put into operation, we can tailor a production plan for Songmei Clothing to ensure product quality and delivery cycle."

His words were flawless and his meaning was very clear, which was to reject Tang and Song.

As the chairman, He Jingping has absolute control over the company. His refusal means Huachang Clothing's refusal.

He Zhihui raised the corners of his mouth slightly and looked at Tang Song's face.

Unfortunately, he did not show the "anger and shame" he expected, but instead he remained calm and confident.

"Well, okay, I understand." Tang Song nodded slightly, his face calm and composed, as if he didn't take the matter too seriously.

He Jingping frowned slightly, but said nothing more.

Although Tang Song was a shareholder and director of the company, this was, after all, a collaboration between the two companies. His refusal had legitimate reasons and did not violate the company law. Even if Tang Song wanted to make trouble for him, he had no reason to do so.

Lin Muxue's heart skipped a beat and her eyes sparkled with excitement.

Good job! I'm just like that!

How dare you! You two, father and son, actually dare to reject Mr. Tang!
...

The dinner was still going on, He Jingping and Tang Song were still talking and laughing, but the atmosphere had become a little subtle.

9 o'clock in the evening.

Watching Tang Song and Lin Muxue get into the Rolls-Royce Phantom and slowly drive away.

He Zhihui showed a gloomy expression on his face, "Dad, what should we do now? Continue to discuss cooperation with Yingqu Media? Although they have a larger scale and traffic, the conditions are a bit harsh. Other shareholders may have objections, especially Tang Song, who owns 35% of the shares."

Major issues in corporate governance must be approved by shareholders representing more than two-thirds of the voting rights.

If the establishment of a joint venture involves the company's core business or assets, it can also be classified as such.

Even if they are directly passed by the board of directors as non-major matters, Tang Song can still protect its rights through legal means.

The reason why they wanted to prioritize the joint venture with Songmei Clothing was not only because they were both local Yancheng companies and convenient for operation, but also because they were concerned about Tang Song's "veto".

He Jingping looked serious and said, "It's not the point of a falling out yet. Let's wait a little longer. I'll let Wu Wei contact him privately. Whether it succeeds or not, it's not a big deal."

In his opinion, this matter was indeed not a big deal.

It's just that there are some "small conflicts of interest" between the two sides.

He hopes to use the joint venture to create a popular online celebrity brand, help his son gain a foothold in the company, boost the performance of Huachang Clothing, and work towards a future listing.

Tang Song attached great importance to his Songmei clothing and did not want to lose control of the brand.

Since we can't have in-depth cooperation, let's just do OEM business.

However, he can only wait for the third smart production line. After all, each line requires an investment of at least 3000 million yuan in cash.

For Huachang Clothing, this is not in the short-term plan.

……

In the quiet Rolls-Royce Phantom.

Lin Muxue twisted her body and looked towards Tang Song on the right.

He sat there quietly, his posture upright and relaxed.

Under the high nose bridge, her thin lips were slightly pursed, and her fine hair had a soft luster under the dim light.

At this moment, he is full of charming charm.

As if he noticed her gaze, Tang Song turned his head to the side.

When their eyes met, a gentle and warm smile appeared on his face.

In an instant, Xiaoxue turned into water, and a faint blush appeared on her face.

Then, a clear and magnetic voice sounded: "Xiaoxue, you and He Zhihui know each other, right?"

Lin Muxue trembled, bit her lip and whispered, "I have met him before at work, but I am not familiar with him at all. I haven't seen him for almost two years. If we hadn't met today, I would have forgotten about him."

"Well, it's okay, I just asked casually." Tang Song raised the corner of his mouth, put his hand on her smooth thigh, and kneaded it gently, as if to comfort her.

He had completed the branch task [Observation and Control] on Lin Muxue and obtained [Passive Skill - Observer].

With his current temperament and observation skills, he could naturally notice the eye contact between He Zhihui and Lin Muxue.

This is also one of the reasons why he has a bad attitude towards He Zhihui.

Lin Muxue leaned back in the soft leather seat, looking at the gorgeous starry sky above, rubbing her legs gently, her face red and hot.

Tang Song moved his hand and lowered the rear window a little, allowing the cool evening breeze to blow on his face.

Lin Muxue took a deep breath, grabbed Tang Song's left hand, and asked with a trembling voice: "Mr. Tang, will you continue to cooperate with Huashang Clothing?"

Having just drunk a lot of red wine, she didn't want to draw a map in the car.

Tang Song turned his head to look at her and said with a smile: "Of course we will continue to cooperate."

"But... He Jingping obviously has no sincerity. We don't know when the so-called third production line will be implemented. He is just perfunctorily trying to fool you."

"Not bad, Xiaoxue. You've made great progress."

Lin Muxue licked her lips and said shyly, "You taught me well."

"Hehe." Tang Song chuckled and reached out to pinch her fair face.

He said calmly, "It doesn't matter. Since He Jingping doesn't agree, I will take control of Huashang Clothing and reorganize the board of directors. Xiaoxue, your new mission is here."

"Ah?" Lin Muxue was stunned, and immediately sat up straight, "President Tang, please tell me!"

"Notify the investment and research departments of Rongliu Investment to conduct a comprehensive investigation of Huachang Clothing, study the company's shareholder structure, and formulate a shareholding plan. I want to get more than 50% of the shares."

The system has already arranged the tasks, and Tang Song is determined to obtain Huachang Clothing's exclusive high-end workshop.

Moreover, with the development of Songmei Clothing in the future, it will definitely have in-depth cooperation with Huashang Clothing.

Holding a controlling stake in this company is definitely the right decision, which can avoid many constraints.

"Okay, Mr. Tang!" Lin Muxue took a deep breath, her body trembling slightly with excitement.

He Jingping, He Zhihui, your good days are coming to an end!
Don’t you know the power of the billionaire private equity boss?

Don’t you know the value of the man behind Su Yu?

(◣_◢)┌∩┐

Hahahaha, I, Emperor Mu Xue, am finally going to truly participate in a financial business war!

These will be used for bragging in the future!
……

Shengyuan Jiajing Community.

The bathroom door was gently pushed open, and the hot air slowly overflowed with her steps.

Wenruan stood naked in front of the floor-length mirror in the cloakroom, looking at her body carefully.

The skin becomes more delicate and smooth with a faint luster under the infiltration of warm water.

Her plump and smooth figure, with the abs and muscle lines formed by regular exercise, exudes the mature charm of women in just the right way.

She pinched her cheeks and chest, her soft face filled with intense joy.

I don’t know if it’s an illusion, but her skin has been getting better and better since she started playing with Tang Song.

The current situation is almost back to what it was two years ago.

She had also heard that a harmonious married life can promote blood circulation, regulate endocrine, relieve stress, and improve the skin to a certain extent.

I just didn’t expect the effect to be so good!
Thinking of this, Wenruan couldn't help but licking her plump lips.

It seems that I still need to exploit Tang Song more!

After looking at herself in the mirror for a while, Wenruan reached out to take the silk nightgown hanging on the hanger, shook it gently, and put it on.

The nightgown slid across her skin like flowing water, fitting her exaggerated curves.

I returned to the bedroom and looked at the unread messages on my phone.

In addition to the work report about the printing factory, there were also some relatives who had not been in contact for a long time who came to make friends.

In recent days, her assistant team has begun to take over the Yanbei Printing Factory.

Although she intended to let her father be the general manager, it was indeed a bit difficult for her father to do the job given his ability.

After all, it also involves precise cooperation with Tang Yi.

Finally, she entrusted Dejurenhe to help her find a professional manager.

Let your father be a vice president peacefully, and it won’t be too late for him to become the boss when the time is right.

Sitting on the soft big bed, Wenruan opened Tang Song's chat box, lifted her pajamas, took a half-covered sexy selfie, and sent it to him.

I saw that Tang Song had not responded yet.

Wen Ruan couldn't help feeling a little jealous. She was almost certain that this bastard was now hanging out with other women.

Wenruan stretched out his body and was about to open "Honor of Kings" to relax when his phone suddenly vibrated and a friend request popped up.

When she saw the nickname, her soft body trembled and her phone fell directly onto the bed.

【Lime】

Application message: "I am Liu Qingning."

After staring at the application for a while, Wenruan took a deep breath and clicked the approve button.

No matter what, you have to face it sooner or later. After all, Su Yu has seen it himself.

There’s nothing wrong with Liu Qingning!

After comforting himself with a few words, his soft fingers hovered above the chat box, hesitating about how to start the conversation.

At this time, the phone vibrated again.

[Qing Ning: "You are so gentle. I am sorry that I have not contacted you for so long. It is mainly because I have not been mentally prepared. At the same time, this period of time has also been the busiest month in my life."]

[Qing Ning: "I have no other intentions in adding you as my friend. I just want to tell you the story between Tang Song and me. I wonder if you are willing to listen?"]

Wenruan bit her lower lip and quickly typed out a reply on the screen: "Hello, Qingning. Nice to meet you. If you are willing to share, I would be happy to be your audience."

[Qing Ning: "Our story starts in 05..."]

(End of this chapter)