Chapter 225 Reversing the Situation
"Also, you should know how many users we have on Penguin's QQ and WeChat. If we want to divert traffic to Yunhai Literature, how many people will turn to Yunhai Literature. In addition, we provide benefits that far exceed those of your Shengda Literature. You Why are you competing with us?" Han Jun pressed further.
At this time, the faces of Huang Chi and other shareholders became even more ugly.
Penguin is spending so much money, they really can’t bear it.
If this acquisition really breaks down, Penguin Investment will really buy Yunhai Literature and spend so much money.
By then, the market value of Shengda Literature will definitely shrink, and shrink significantly.
If they want to arbitrage and leave the market, it may not be that easy, and the price will definitely be very low, and it may even be cut in half.
Thinking about it this way, they felt that five billion was already very good.
Several major shareholders looked at each other and quickly made a decision, that is, to agree to the acquisition.
Qiu Wenyou noticed the movements of several people and spoke first: "Mr. Han, what you said may not be possible. The Internet literature industry cannot become bigger and stronger just by having money. From building a website to establishing an editorial team and an operation team , as well as the cultivation of reader habits, etc., there is a lot of uncertainty in this. If any link is not done well, the success may fall short. If you think that spending billions can defeat our Shengda Literature, just They underestimate us and our industry too much.”
These words calmed down the major shareholders.
They really shouldn't have been frightened just now.
Qiu Wenyou is right, the online literature industry cannot be prosperous only if you have money.
In recent years, Shengda Literature has encountered many opponents.
Although those opponents are not as powerful as Penguin, they are not short of money.
But in the end, it still failed to surpass Shengda Literature.
After so many years of competition, Shengda Literature still stands at the top.
Those opponents all lost to Shengda Literature due to various problems, and some even went bankrupt.
Han Jun sighed.
They were going to completely scare Huang Chi and others, but looking at the expressions on Huang Chi and others' faces, it was clear that they were ready to sell their shares.
But Qiu Wen said something and turned the situation around.
I have to say that this Qiu Wenyou is really a talent.
"Mr. Qiu, other people can't do it if they have money, but we at Penguin Investment can do it!"
Han Jun said forcefully.
"Mr. Han Jun, we will wait and see." Qiu Wenyou responded strongly.
What he just said is indeed true.
It is certain that Penguin will end up spending 2.5 billion to bring trouble to Shengda Literature.
But it is not certain that we can defeat Shengda Literature just by relying on this money.
The online writing industry is not that simple.
In fact, any industry is not that simple, and it is not possible to make a company bigger and stronger and become the number one in the industry just by having money.
If that were the case, big capital would firmly lock the industry's voice, and there wouldn't be so many new companies emerging.
Penguins will be strangled in their infancy.
There would also be no current Penguin business empire and Internet overlord.
When the negotiations came to this point, Han Jun was originally at an advantage, but Qiu Wenyou single-handedly reversed the situation and the two sides became evenly matched.
Without concessions, today's negotiations were terminated.
Both sides know that this kind of negotiation cannot be concluded in one go.
The two sides were going back and forth, arguing, and I don't know how many rounds of negotiations it would take.
Han Jun was not in a hurry. We would talk next time, check the time, and leave with the team.
Qiu Wenyou took other shareholders and sent Han Jun and his party to the door.
The two sides were just at the negotiating table engaging in a verbal spat for their own interests, but when they get off the negotiating table, they must maintain their proper demeanor.
This was at Shengda Literature. It was appropriate for Qiu Wen to see a few people off Han Jun and his party.
Watching Han Jun and his entourage leave in the car, Qiu Wenyou looked at several shareholders and said, "Everyone, we are on the same line. I understand your desire to make money, but we should stick to the bottom line and not be fooled by Han Jun." Deceive, otherwise, we will be the ones who suffer in the end.”
Huang Chi first expressed his position: "Mr. Qiu, you are right. I was almost fooled by Han Jun just now. Fortunately, you came to the rescue in time, otherwise you would have fallen into that guy's trap. The next negotiations , it’s up to you to take the lead, and I’ll try not to speak.”
He did feel a little guilty for what he had just done.
If you really agree to Han Jun's conditions, you will be in big trouble.
I'm really far behind in this aspect, so it's better not to interfere too much. Don't interfere unless it's absolutely necessary.
"Mr. Qiu, we are the same. We were irrational just now. Fortunately, you are here."
"Mr. Qiu, the next negotiation depends on you."
"I have the same attitude. You will be the one to negotiate from now on. We won't talk anymore."
"We are on the same line. I believe Mr. Qiu that you will be able to negotiate a price that satisfies everyone."
Other shareholders spoke in support of Qiu Wenyou.
These shareholders are still a little scared.
If you agree to Han Jun's conditions, you will really suffer a big loss.
They saw Qiu Wenyou's negotiating strength.
Facing Han Jun, the top leader of Penguin Investment, the second-in-command of Penguin Group was able to avoid being humble or arrogant, not falling behind, and saved the unfavorable situation.
It is the right choice for Qiu Wenyou to lead the negotiations and they talk less.
"Everyone, thank you for trusting me so much, but I still want to say something. Since you trust me, I think it is better not to let Penguin acquire it. We Shengda Literature is the industry leader, and our future development will get better and better. You continue to hold Stocks will earn more in the future.”
Qiu Wenyou persuaded a few more people. He had persuaded them before, but these people didn't listen, which led to this negotiation.
"Mr. Qiu, don't say this anymore. We still have to focus on getting Han Jun to increase the purchase price."
"Han Jun said just now that if he cannot acquire Shengda Literature, he will acquire Yunhai Literature or set up a new website."
"Penguin Investment is a top-level capital. With so much money pouring in, even if our Shengda Literature can withstand it, I'm afraid it will be greatly impacted. It's really not certain whether the stock will be worth what it is now."
"So, we still think it is better to arbitrage and exit."
Huang Chi had already made up his mind to arbitrage and leave the market, so naturally he would not listen to Qiu Wenyou's advice.
"Mr. Qiu, Han Jun is right. If we don't let Penguin acquire it, we will become Penguin's enemy. In that case, we will be in a worrying situation."
"Mr. Qiu, let's focus on increasing the purchase price."
"That's what I mean too. I don't want to become the penguin's enemy. I'm afraid that I won't even be able to drink the soup in the end."
"That's right, we can still make a lot of profit if we leave the market now. If we don't leave the market, we may lose money. After so many years, I don't want to leave the market with a loss in the end."
Major shareholders have agreed with Huang Chi and are determined to leave the market.
"Okay." Qiu Wenyou smiled helplessly.
"Okay, Mr. Qiu, then think about how to get Han Jun to increase the purchase price and prepare for the next negotiation. We will leave first."
Huang Chi and others greeted Qiu Wenyou and left.