Chapter 211 Financing Price
Qin Hao entered his own Chairman's office.
Nie Si was sitting at the assistant's desk, dealing with some company documents.
When she saw Qin Hao come in, she quickly stood up, "Mr. Qin."
Qin Hao said with a smile, "Just keep working."
Nie Si took a brand new water cup from the shelf behind her and went to the water dispenser to pour him a cup of water.
"Mr. Qin, have some water."
Qin Hao asked, "How does it feel? Is the job as my assistant very tiring?"
Nie Si gave an awkward smile, "It's okay, I think it's fulfilling."
She indeed felt tired sometimes, because when Qin Hao was not there, she, as an assistant, had to handle many things on his behalf, and had to call Qin Hao for the decisions she couldn't make.
But she couldn't ask Qin Hao about everything, as that would make her seem useless as an assistant.
Qin Hao said, "Call Mr. Feng over, I have something to discuss with her."
"Mr. Qin, Mr. Feng is in the meeting room meeting with people from Xing'an Square," Nie Si replied softly.
Qin Hao frowned upon hearing this, people from Xing'an Square?
He got up and walked outside, and Nie Si quickly followed.
Qin Hao arrived outside the meeting room and directly pushed the door open and entered.
Six or seven people were sitting inside the meeting room.
When the door of the meeting room was opened, those inside all turned their heads to look.
Feng Xiangyi, along with the manager of the marketing department, quickly stood up when they saw him, "Mr. Qin."
Li Guangfu was stunned for a moment, but also quickly stood up with a smile, "Mr. Qin, long time no see."
Qin Hao ignored Li Guangfu, walked to the front, and sat down, making the atmosphere in the meeting room somewhat awkward.
Feng Xiangyi glanced at Li Guangfu and Qin Hao, curious in her heart, Li Guangfu knows Qin Hao?
Li Guangfu, though furious inside, did not show it, and upon seeing Nie Si beside Qin Hao, his eyes took on a complicated expression.
Nie Si, who was once casually dismissed from the company by him, had now risen high and become Qin Hao's assistant.
Qin Hao looked at Li Guangfu with a smile and asked, "I wonder what Mr. Li is doing in my company? Is there something you need?"
Li Guangfu forced a smile, "Mr. Qin, I came today to discuss a potential cooperation with your company, a mutually beneficial proposition."
"A mutually beneficial proposition?" Qin Hao feigned a curious look.
As Li Guangfu saw his reaction, he quickly said, "Our Xing'an Square is willing to rent shop space to your company at a very low price.
Even, I have already applied to my superiors, as long as it's approved, your roasted duck restaurant can open in any Xing'an Square."
Qin Hao let out a cold laugh, "So you mean it hasn't been approved yet? You're trying to get something for nothing from me without approval? Mr. Li, you seem to have forgotten how you treated me in the past."
Upon hearing Qin Hao bring up the past, Li Guangfu hurriedly said, "Mr. Qin, there was some misunderstanding between us in the past, and today I am here to apologize to you, hoping you can be magnanimous."
Having said that much, if Qin Hao persisted, it would seem petty.
"I naturally won't hold a grudge against someone like you. Mr. Li, please leave, come back and talk to me once your company has made a decision."
With Qin Hao dismissing him, Li Guangfu didn't have the thick skin to remain sitting there, "Then Mr. Qin, please consider it. I will inform you once we have a result."
Qin Hao did not respond. Li Guangfu was just a mere mall manager; such matters should at least be discussed by someone from the head office.
So he wasn't afraid of offending Li Guangfu for good.
He didn't have that much power yet.
Feng Xiangyi was going to see Li Guangfu out, but when Qin Hao looked at her, she immediately stopped in her tracks.
"He's just a mall manager under Xing'an Real Estate, no need to take him so seriously," Qin Hao said indifferently.
After Li Guangfu left, his face became very awkward!
During the holiday period of the National Day on the 11th, both Xing'an Square and Xinshang Square saw large crowds, but in the following days, Li Guangfu could clearly observe that Xinshang Square was attracting more people than his location.
The main reason was that Jiangshan Roasted Duck Restaurant had drawn in a large number of customers.
After six o'clock in the evening, one could see the long queues outside the duck restaurant, which were simply terrifying.
He had never seen such a busy shop; with six or seven queues each consisting of dozens of people, it was just too horrifying.
Similarly, Jiangshan Roasted Duck Restaurant also boosted the business of the surrounding shops, bringing a significant flow of people to Xinshang Square.
Knowing that this could not go on, Li Guangfu had brought people here today and had also reported the situation to his superiors.
...
Inside the Jianghai branch
Feng Xiangyi spoke to Qin Hao, "Mr. Qin, during the National Day holiday, our duck restaurant's turnover was very high, with the highest daily revenue exceeding eighty thousand."
Qin Hao nodded slightly, "Hmm, not bad, keep up the good work."
Feng Xiangyi: "We have already started preparing for opening branches, and the marketing department is scouting for locations."
The female manager of the marketing department also said, "Mr. Qin, we're planning to open another three roasted duck restaurants first, and we're in the process of recruiting staff."
Jianghai City is one of the largest cities in the country, with so many people coming here to work, there is no worry about not being able to recruit enough staff.
Qin Hao was about to speak when there was a knock at the door.
"Come in."
A female receptionist at the front desk opened the door and came in.
She approached Qin Hao and said, "Mr. Qin, there's someone named Yang Mei looking for you outside, do you know her?"
Yang Mei? She moves fast.
"Let Mr. Yang in," Qin Hao replied.
The front desk receptionist went out, and soon after, Yang Mei and her group entered.
Yang Mei said with a smile, "Mr. Qin, long time no see, I am here on behalf of Xinshang Real Estate Company to discuss a partnership with you."
Qin Hao: "Please, take a seat, Mr. Yang."
Yang Mei and her six companions sat opposite Qin Hao. The people beside her were all from the head office, and seeing how young Qin Hao was, they were somewhat surprised.
Yang Mei began by asking, "Mr. Qin, I wonder if your company is considering any financing?"
Financing is a common experience for many companies.
Many newly established companies lack sufficient funds for development and usually seek financing.
If certain venture capital firms see potential in your company, they would invest money early on, but you have to give up a corresponding share of equity as a condition for financing.
If the company develops well subsequently, there would be further rounds of financing like Series A, Series B, and so on, with increasing amounts of investment later on.
Those who can afford these are usually venture capital firms or large companies with ample cash flow.
Xinshang Real Estate Company, having seen the potential of Jiangshan Roasted Duck, now wanted to get involved in the financing.
If Jiangshan Roasted Duck were to develop well in the future, they too would benefit greatly.
Qin Hao smiled and shook his head, "Sorry, Mr. Yang, my company is not considering financing at the moment."
Jiangshan Roasted Duck's monthly profit was in the tens of millions, with ample cash flow. Moreover, the imminent launch of a membership card service would also bring a substantial cash inflow to the company. Ultimately, Jiangshan Roasted Duck Company had developed.
Yang Mei: "Mr. Qin, please hear my offer. One hundred and fifty million, Xinshang Real Estate only wants twenty percent of your company's shares, and we will not participate in management. You will have the ultimate say."
Twenty percent, which is one-fifth.
She had valued Jiangshan Roasted Duck Company at roughly seven hundred and fifty million, far exceeding the market valuation.
The price was indeed sincere!
But Qin Hao had no plans for financing, not now, and not in the future.