Chapter 836 Officially Declares Yang Chen’s Victory

To be honest, if he loses control, being completely eliminated is definitely the wisest choice for Zhang Yiming.

However, the problem is that Yang Chen only wants to control Douyin and does not want to buy it outright.

From now on, as long as Yang Chen has the final say, he doesn't care at all about who the other shareholders are.

Even if Zhang Yiming wants to sell his equity and be out of business completely, Yang Chen will not accept the equity in his hands. He can only sell it to others.

However, Yang Chen has raised the valuation to 200 billion meters of gold. There are investors all over the world, and no one will take over Zhang Yiming's equity at this price.

Judging from the performance of Kuaishou after its listing, Douyin’s reasonable valuation should be around 50 billion yuan.

Investors can calculate the equity value based on this valuation at most. It is impossible to calculate the equity value based on 150 billion rice gold or even 200 billion rice gold.

However, other shareholders have sold for 150 billion meters of gold, or even 200 billion meters of gold. It is impossible for Zhang Yiming to be willing to sell his shares for 50 billion meters of gold.

Therefore, after Zhang Yiming carefully considered it, he still felt that he could not be eliminated and must compensate Yang Chen for liquidated damages and get back the equity sold by his eldest brother and second brother.

The cost of doing this is that Zhang Yiming himself has to spare 12 billion meters of gold to supply Yang Chen before he can cancel the equity transfer agreement signed by his eldest brother and his second brother.

but!

This is only possible.

Because when Yang Chen made the equity transfer agreement, he considered that Zhang Yiming was desperate and would probably make a final struggle.

Therefore, there is a clause in the agreement. If Party B wants to break the contract in exchange for equity, Party A has the right to decide whether to agree based on its own situation, and all interpretation rights rest with Party A.

Party A is Yang Chen, Party B is Zhang Yiguang and Zhang Yiliang.

Therefore, as long as Yang Chen is unwilling to return the equity, even if Zhang Yiming is willing to pay 12 billion meters in gold, he will not be able to do so.

Zhang Yiming spent two days recovering in the hospital and thinking about it for two days.

Finally, he dialed Yang Chen's number.

Soon, the call was connected.

Yang Chen asked with a smile: "Why did Director Zhang think of calling me? Do you have any advice?"

Zhang Yiming laughed and said,

Said: "Director Yang is really proud of himself. He speaks with a sense of superiority."

Yang Chen replied without showing any signs of weakness: "Is Mr. Zhang mentally distorted? I speak normally, why do you think I am showing off my superiority?"

Zhang Yiming: "Haha... you won, everything you said is right. I am calling you today to bring you great joy."

Yang Chen: "Oh? What's the big happy event?"

Zhang Yiming: "Aren't you going to buy Douyin? Just like Musk bought Twitter. I will sell all the shares to you at a cheaper price. Isn't this a great event?"

Yang Chen: "Director Zhang may have misunderstood. I haven't learned anything from Musk. The only reason why I acquired the equity of Douyin is that I don't want my videos to be restricted in the future. To be honest, I personally don't like Douyin. I have no interest in Douyin. I am not even interested in the so-called big data that peeks into residents’ privacy. Therefore, Director Zhang obviously misunderstood why I acquired the equity in Douyin.”

Zhang Yiming was so confused. Just so that he would not be restricted from posting Douyin in the future, he would spend tens of billions of dollars to buy equity?

He is crazy!

"Director Yang, how credible do you think your words are? You have spent more than 70 billion yuan just so that you won't be restricted when you post Douyin in the future? Who will you tell this to, and who will believe it?" Zhang Yiming smiled bitterly. road.

Yang Chen chuckled and said: "It doesn't matter whether you believe it or not. Anyway, this is what I really think. So, thank you Director Zhang for your kindness, I don't need your equity."

If he did this, Zhang Yiming would be embarrassed.

If Yang Chen didn't buy his equity, he would have to sell it to his investors at a low price. Wouldn't that mean he lost a lot of money?

Zhang Yiming still refused to give up this idea, so he said to Yang Chen: "Director Yang had better acquire my equity. Otherwise, I will have to pay liquidated damages to let my two brothers take back the equity. To I was still the major shareholder at that time, and you spent so much money to acquire 49% of the equity, but in the end you couldn’t control it, so wouldn’t the money have been wasted?”

Yang Chen laughed loudly and said: "I suggest Director Zhang take a good look at the transfer agreement in the hands of your two brothers. If you want to break the contract, you have to agree with me. It doesn't mean that you can break the contract if you want to. Do you understand?"

Zhang Yiming was stunned for a moment, then smiled bitterly and said: "It seems that you have thought about everything a long time ago, and you have calculated every step."

Yang Chen: "I am rich, not sick. After spending so much money, of course I have to plan every step. I have my own goals, and now that the goals have been achieved, I don't need to acquire any extra equity. However, Don't worry, everything in Douyin remains as usual. You are still the president, but you need to discuss with me any major decisions in the future. And that Zhang Nansheng, fire him immediately. As a CEO, you don't even know what to say to anyone. If he doesn’t know how to speak, he doesn’t deserve to be a CEO.”

Zhang Yiming was silent for a while and said: "Okay, you have more money, you have the final say. I will remove Zhang Nansheng now. Do you have a target candidate for the position of CEO?"

Yang Chen: "No, you decide. As I said just now, everything will continue as usual, and you have the final say. But the company's major decisions, which require the major shareholders to make decisions, must be reviewed by me. Otherwise, any decision will be invalid. You must bear all the consequences arising from this."

Zhang Yiming: "Understood. Let's just say this first. If you need anything, please call me."

Yang Chen smiled and hung up the phone.

Zhang Yiming's mood is very complicated. Yang Chen doesn't want his equity, so now he can only sell it to others at a low price. Please download the app Aiyue app for the latest content

But if he sells it to others at a low price, even if he is willing, no one may dare to take it over.

Everyone in the capital circle must already know about Yang Chen's control of Douyin. Whoever takes over now must get along with Yang Chen, a ruthless person. People who don't have enough self-confidence dare not get along with Yang Chen.

However, you will never know whether something works or not until you try it.

Zhang Yiming changed the CEO according to Yang Chen's request, while secretly looking for investment institutions to take over his equity.

In the morning, Douyin’s official Weibo and Douyin accounts released a new announcement.

"After careful consideration by the company's general meeting of shareholders and the board of directors, it has been decided to revoke the position of CEO of Mr. Zhang Nansheng, and temporarily let Mr. Zhang Yiming concurrently serve as CEO. When a suitable candidate is found, Mr. Zhang Yiming will vacate the position of CEO. Thank you to Mr. Zhang Nansheng for taking on the role of CEO. Thank you for your contribution to the company, we will see you again."

Hundreds of millions of netizens once again flooded in to leave comments.

"Awesome, this announcement declares Boss Yang's victory!"

"Capital was ultimately defeated by more powerful capital."

"This can be regarded as a classic case in economics. Zhang Nansheng's phone call caused him to lose his position as CEO, and at the same time, Zhang Yiming lost his position as major shareholder."

"This incident fully illustrates the truth that problems in this world cannot be solved without money. If so, it must be because you don't have enough money."