Chapter 440 Conflict of Interest

Chapter 440 Conflict of Interest

Sensing He Zhihui’s abnormality, He Jingping quietly kicked him with his foot under the table.

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

He knows his son very well.

He Zhihui’s personal abilities and qualities are quite good, but he likes beauty and has a somewhat dissolute style.

Normally he would just turn a blind eye, but today's situation is different - Lin Muxue is the female assistant of the Tang and Song Dynasties, and she is so beautiful, so the relationship is obviously extraordinary.

If He Zhihui’s frivolous behavior offended the Tang and Song Dynasties, then the gains would outweigh the losses.

He Zhihui quickly calmed down the strange emotions in his eyes, and turned to look at Tang and Song Dynasty, with a smile on his face, "I really want to learn from Director Tang. I heard that Lanfeng International Hotel also It's an asset under Mr. Tang's name, and I'm a regular customer there. "

"Thank you." Tang Song tapped his fingertips against the wall of the crystal cup, and the clear sound of the sound made his voice grow quieter.

Hearing this, He Jingping laughed "haha" twice, raised his glass and warmly greeted everyone to clink it.

Following the conversation, I chatted with him about Huashang Clothing’s quarterly report and the strategic planning meeting a few days ago.

Tang Song always had a faint smile on his face, chatting and laughing with He Jingping, speaking confidently and casually.

He Zhihui on the side interrupted many times, but did not receive much response.

Sensing Tang and Song’s attitude, He Zhihui subconsciously curled up his lips. It was obvious that the other party did not take him, the second generation who "fully relied on his father", seriously.

But he has to admit that the other party does have such capital.

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

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

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

Of course, he will not be too afraid.

Their family has been working hard in Yancheng for so many years. In addition to Huashang clothing, there are also many companies in the fields of commerce, medical care, agriculture, etc., and they can be regarded as a veritable local snake.

Immediately, he secretly glanced at Lin Muxue opposite from the corner of his eyes.

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

Mainly because of her temperament and outfit, she looks really eye-catching.

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

After all, the other party has rejected me many times.

Men will always remember 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: "Currently, the IP of 'He Yiyi' has occupied a place in the Douyin apparel track and has gained industry attention and recognition. Director Tang, you started from the live broadcast track and have grown Songmei Clothing to this scale in a short period of time, which really makes me, a veteran of the apparel industry, very impressed."

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

Tang Song put down his chopsticks and said in a calm and indifferent voice: "Dr. He is overrated. The success of Songmei Clothing is accidental. Huashang Clothing has been able to stand for so many years and it is only the ability of Director He that deserves admiration. I believe that the next cooperation between our two companies will benefit both parties."

He Jingping shook his head, raised his glass and touched it lightly with Tang and Song, with a hint of emotion in his tone: "To be honest, Huashang Clothing has fallen behind the times. This time I went to Hangzhou and contacted many clothing e-commerce and MCN companies, and I was deeply touched. I Our reform is imminent!”

Then, he began to talk endlessly 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 IP.

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

He just wanted to borrow the new production line of Huashang Clothing Headquarters Factory to OEM some products of Songmei Clothing. But He Jingping rambled on and on, never mentioning the serious matter. He obviously had other plans.

Waiting for He Jingping to speak, Tang Song looked at him and said directly: "Director He, Mr. Wu must have discussed my plan with you. I want the new production line of Huashang Clothing Headquarters Factory, a five-year exclusive agreement + production capacity priority."

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He Jingping put down his wine glass, pondered for a moment, and said with some caution in his tone: "Director Tang, to be honest, Huashang Apparel has renovated and upgraded these two new production lines 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 60 million to complete the full-link digitalization and realize C2M customization capabilities!

The new production line has a minimum order of 50 pieces and a 7-day fast response capability. The number of SKUs has been increased by 3 times, and the capital occupied has been reduced by 60%!

This production line can certainly become a dedicated workshop for Songmei Clothing, but my opinion is that we can cooperate more deeply! "

"Oh? How to say? "Tang Song leaned forward slightly, his eyes were deep and bright.

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

Huashang produces the production line, resources, design and management team, and Songmei produces the IP and traffic, and the equity ratio is easy to negotiate.

We will operate the new company independently and strive to build this clothing brand through resource integration.

This can not only ensure the independence of Songmei, but also share all the resources of Huashang. ”

Hearing this, Tang Song understood instantly.

He Jingping fell in love with the IP and traffic of Songmei Clothing.

Today’s Huashang Apparel is a dual-line independent brand + OEM business. Due to the impact of the Southeast Asian market, the OEM business is declining, and the independent brand has not made any big improvement.

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

Seeing the silent Tang and Song Dynasty, He Zhihui on the side followed: "I once talked with Mr. Zhang from Sequoia, and the live broadcast e-commerce + flexible supply chain model is currently a very popular investment trend.

If our joint venture can achieve 500 million GMV in the future, based on 4 times the market-to-sales ratio (P S), that’s a valuation of 2 billion!

The most important thing is that this can speed up the overall listing of Huashang Clothing, and 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: "Director Tang, Zhihui was once responsible for the brand operation of [Huashang·Qingyu]. He has rich experience in this area. Later, he worked in management of Huashang Cultural Creation and worked closely with many large live broadcast e-commerce companies.

When our joint venture is established, I would like to recommend him as the person in charge."< /p>

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

The era of going it alone has passed. To become bigger and stronger now, we must integrate resources and develop as a team.

With the full multi-dimensional support of Huashang Clothing, inventory risks and financial pressure will be eliminated, and the joint venture company will definitely have a bright future!

Huashang Clothing and Songmei Clothing will also usher in new opportunities! ”

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

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

Especially the launch of Huashang clothing. , it is definitely a temptation that no one can refuse.

With the current net assets of 800 million, coupled with the prospects of the joint venture, the PB can reach 3.55~4.55 times after listing, and the final market value may exceed 3 billion.

They didn’t think Tang and Song would refuse.

With the silence of Tang and Song Dynasties, the box fell into a quiet and tense atmosphere.

Lin Muxue moved her legs and her attention was attracted.

Although she didn’t quite understand it, she had been in a financial company for so long, so she probably understood the meaning.

Out of personal feelings, she really hates this He Zhihui and doesn’t want him to have too much cooperation with Tang and Song.

But she also knows the importance.

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

"Sorry, Director He." Tang Song shook his head regretfully and said in a serious tone: "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 energy from joint ventures."

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

He Zhihui frowned, and his eyes towards Tang and Song changed slightly.

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

He picked up the glass, took a sip, and said with a hint of probing in his tone: "Director Tang, are you worried about the control of the joint venture company? We can discuss this to ensure that your interests are guaranteed."

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

Seeing this, He Zhihui couldn't help but interjected: "Director Tang, the current market competition is so fierce, just relying on 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 did not affect him at all.

Songmei Clothing carries his [Growth Plan Mission] and must follow the plan step by step.

Moreover, the future is full of uncertainty, and the current size of the two companies is completely unequal. Cooperation will only make Songmei Clothing a vassal, which is not necessary at all.

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

The conversation was directly interrupted by Tang Song, and He Zhihui felt an inexplicable anger in his heart.

This guy didn’t take himself seriously at all, and his attitude towards him was very casual.

Gritting his teeth, He Zhihui said: "Director Tang, we have been in contact with several live streaming e-commerce companies in Hangzhou. Two of them are willing to establish a joint venture with Huashang Clothing and even intend to cross-shareholding. However, we currently only have one flexible production line." Let's talk slowly, don't be in a hurry."

Tang Song glanced at He Zhihui lightly and said firmly: "Director He, I take this matter very seriously and don't want to delay it. Please give me a clear answer. Answer. ”

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

And He Jingping obviously has his own little thoughts.

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

After all, he is 55 years old this year. If you want to train He Zhihui to be his successor, you must have enough heavyweight results.

Hearing Tang Song’s unkind words, the smile on He Jingping’s face gradually faded.

After lowering his head and taking a sip of wine, He Jingping said: "If that's the case, Mr. Tang might as well wait a moment. We have already started planning the third new production line, which is the second factory on the outskirts of the city. We can use the previous production line to carry out preliminary cooperation. After the new production line is launched, we will tailor a production plan for Songmei Clothing to ensure product quality and delivery time. ”

His words were watertight, but his meaning was very clear, that is, he rejected Tang and Song.

As the chairman, He Jingping has absolute control over the company. His rejection means the rejection of Huashang Clothing.

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

But unfortunately, I did not see the "angry out of shame" that he expected. Instead, he remained calm and confident.

“Well, okay, I understand.” Tang Song nodded lightly, with a calm expression on his face, as if he didn’t take this matter too seriously.

He Jingping frowned slightly, but said nothing more.

Although Tang and Song are shareholders and directors of the company, this is a cooperation between the two companies after all.

His refusal had legitimate reasons and did not violate company law. Even if Tang and Song Dynasty wanted to attack him, they had no reason to take action.

Next to her, Lin Muxue’s heart skipped a beat, and her eyes shone with excitement.

Good guy! I'm a good guy!

Be bold! How dare you, father and son, refuse Director Tang!

…

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

9 o’clock in the evening.

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

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

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

The establishment of a joint venture company can also be classified if it involves the company's core business or assets.

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

The reason why they want to give priority to the joint venture with Songmei Clothing is not only because they are local enterprises in Yancheng for easy operation, but also because they are concerned about the "one-vote veto" of the Tang and Song Dynasties.

He Jingping’s eyes were solemn and he said: “We haven’t reached the point of breaking up yet. Let’s wait a little longer. I’ll let Wu Wei contact him in private. Whether it works or not is not a big deal.”

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

It’s just that there are some “small conflicts of interest” between the two parties.

He hopes to use the joint venture to create a popular Internet celebrity brand, help his son gain a foothold in the company, boost the performance of Huashang Clothing, and work hard for future listings.

The Tang and Song dynasties valued his beauty clothing very seriously and did not want to lose control of the brand.

Since we can’t cooperate in depth, we can only do OEM business.

But he can only wait for the third smart production line. After all, each one requires at least 30 million yuan in cash investment.

For the current Huashang Clothing, it is not planned in the short term.

…

In the quiet Rolls-Royce Phantom.

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

He sat there quietly, his posture tall and stretched.

Under the high bridge of the nose, the thin lips were slightly pursed, and the fine hair glowed softly under the dim light.

At this moment, he is full of charming charm.

As if aware of her gaze, Tang Song turned his head.

Their eyes met, and a genial and warm smile appeared on his face.

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

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

Lin Muxue trembled, bit her lip and whispered: "We have had contact at work before, but I I'm not familiar with him at all. I haven't seen him for almost two years. If I hadn't met today, I would have forgotten about this person. " "Well, it's okay, I just asked him casually." Tang Song raised the corner of his mouth and put his hand on her smooth thigh, kneading it gently, as if to comfort him.

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

With his current temperament and observation ability, he can naturally detect 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 sat back on the soft leather seat, looking at the gorgeous starry sky above, rubbing her legs gently, her face red and hot.

Tang Song moved his hands, lowered the rear window a little, and let the cool evening breeze hit his face.

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

She just drank a lot of red wine, and she didn't want to draw a map in the car.

Tang Song looked at her sideways and said with a smile: "Of course we will continue to cooperate."

"But... He Jingping obviously has no sincerity, and he doesn't know when the so-called third production line will be implemented. He is perfunctory with you. "

"Not bad, Xiaoxue, you have made great progress."

Lin Muxue licked her lips and said shyly: "It's all thanks to your teachings."

"Haha." Tang Song chuckled, reaching out and pinching her pretty fair face.

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

"Huh?" Lin Muxue was stunned, and immediately sat up straight, "Director Tang, tell me!"