Chapter 125: Speculators flock in (Part )
02, early November.

Su Mingzhe, who was spending the weekend with his girlfriend, was called to the Wanbao Shengtai headquarters by Lin Yuanxing.

Looking at the Wanbao Shengtai headquarters building in front of him, Su Mingzhe suddenly felt emotional and stopped for a moment.

"Do you want me to go up with you?"

Seeing her boyfriend like this, Yang Xue thought he was afraid to go in, so she couldn't help but speak considerately. She was wearing a waisted down jacket today, white sneakers on her feet, and her face was not made up, but still pink and fair. How could Su Mingzhe refuse a request from such a beautiful girlfriend?

"Okay, let's go up together."

Su Mingzhe smiled and took his girlfriend's hand, preparing to go into the building together.

Yang Xue blushed and said, "You bastard, I was just being polite, but you took it seriously."

Su Mingzhe recently told Yang Xue that his father was actually a billionaire.

Yang Xue was shocked and couldn't help asking, since Su Mingzhe's family was so rich, why did he still go out to work during the summer vacation.

Su Mingzhe told the truth without thinking and mentioned that Lin Yuanxing often beat and scolded his son.

Yang Xue now mistakenly believes that Su Mingzhe has a bad relationship with his father, which is why he has been hiding his identity as a rich second-generation.

"We are an old married couple, why are we being so polite?"

Su Mingzhe didn't know what his girlfriend was thinking, but he started teasing her.

"Come in quickly, I'll be waiting for you on the first floor."

Yang Xue knew that her boyfriend was sometimes very childish. She couldn't waste time with him, so she just urged him to go upstairs.

"Okay then, sit here for a while, I'll be down soon."

Su Mingzhe also knew that it was impossible for Yang Xue to follow him upstairs.

This girlfriend only looks lively, but in fact, she is quite cautious about such important matters as meeting the parents.

At least, not on an occasion like today.

Su Mingzhe arrived at the top floor and Lin Yuanxing's female secretary led him to the conference room.

Zhou Zuoxing was hosting an investment negotiation. When he saw Su Mingzhe appear, the tense bowstring in his heart suddenly relaxed:
"Everyone, this Mr. Lin Siqi is the founder of Renren."

"Mr. Qi, these are the negotiators sent by several investment banks and several large domestic Internet companies."

"Hello everyone."

Su Mingzhe greeted everyone casually and sat in the middle position of the Renren negotiation side. The other Renren negotiating representatives all looked at him respectfully.

When the other parties saw this posture, they knew that the real person in charge had arrived.

The ambition is not the age.

The fact that Su Mingzhe founded Renren.com has become well-known in the Yanjing business circle thanks to the unremitting efforts of his father Lin Yuanxing to promote it.

However, when everyone really met Su Mingzhe, they realized that he was really living a useless life at his age.

"Everyone," Su Mingzhe saw that they were all Chinese, so he didn't say any nonsense and started with the main point:
"Renren is not short of money. I believe everyone present here can see this."

"Mr. Lin will certainly not be short of money."

Those who were able to come to the negotiations naturally had found out the situation clearly. Even if they did not know about Renren, they knew that Su Mingzhe was the only son of the chairman of Wanbao Shengtai.

Su Mingzhe founded Renren.com, and with Wanbao Shengtai as his backer, he naturally would not be short of money.

"So, I hope that when we discuss the matter later, you can directly come up with something that shows sincerity, and don't say anything that is meant to fool laymen."

Su Mingzhe spoke bluntly in one breath, then spread his hands, signaling that everyone could start talking.

Several negotiators looked around, and no one wanted to be the first to step out.

Generally, such negotiations should be conducted in private.

Renren brings everyone together, which is somewhat bullying.

But Renren is different from other Internet companies.

The founder of Renren is a rich man, a super rich man, with a net worth of tens of billions.

Therefore, if you want to get a piece of the pie in Renren, it will be difficult to open your mouth without showing a little sincerity.

The representatives from Penguin spoke first. They thought they brought sincerity: "Mr. Lin, we are the representatives of Penguin. Before we came, Brother Xiao Ma specifically told us that we must be sincere when negotiating with Mr. Lin. This is our plan."

The representative said as he pushed a copy over: "We at Penguin have prepared two cooperation plans. One is a mutually beneficial and win-win plan. We two companies will exchange shares. Penguin is willing to exchange 10% of its shares for 51% of Renren's equity. The second plan is that Penguin is willing to use its own resources, shares, and cash to purchase Renren's shares."

Su Mingzhe listened, shook his head and said, "I agree with the first method of exchanging shares, but the ratio is not right. You Penguins underestimate our development potential. The exchange ratio is at most one to four. If it is lower, there is no need to discuss it."

When the penguin representative heard this, the corners of his mouth twitched and he cursed in his heart.

Last year, Penguin was valued at 400 million yuan. After one year of development, it is worth at least 1 billion yuan this year.

Renren, which was only launched in September, has shown great potential, but its market value is estimated to be only 200 to 300 million yuan after only two months of existence. This is too outrageous.

After hearing this, the other representatives also shook their heads, feeling that Su Mingzhe was asking for too much. It seemed that today's negotiations would be in vain.

"Everyone, don't blame me for being blunt. I just don't know all the negotiation skills. I just said whatever I wanted to say."

Su Mingzhe said, and asked Zhou Zuoxing for a plan he had asked him to prepare:

"I have a new company development plan here. According to our estimate, by next summer, we will be able to reach more than half of Penguin in terms of registered users and online active users, surpassing Penguin. At the same time, we also have websites that have been successfully registered in Europe and the United States. The specific data is still being counted, but starting from next month, if you want to negotiate again, the price will definitely not be the same as it is now." "I hope you don't get up early and arrive late."

Su Mingzhe spoke and stopped listening to other people's negotiation and bidding.

Although these people are optimistic about the future of Renren, their valuation is definitely not high.

Su Mingzhe values ​​Renren so much that he wants the company to have a market value of tens of billions or even hundreds of billions of dollars.

Since these people can't offer the price I want, I will definitely not sell my shares at a low price.

After leaving the meeting room, Su Mingzhe was about to leave when he was stopped by Lin Yuanxing's female secretary: "Mr. Qi, the chairman is waiting for you in the office."

This female secretary general is quite pretty. I don’t know if she has been harmed by Lin Yuanxing. She even dares to flirt with Su Mingzhe.

This female secretary is not a good person either.

Su Mingzhe knocked on the door and came in. Lin Yuanxing was practicing the tea ceremony he learned in the south.

The tea ceremony has become popular recently.

Kung Fu tea was originally a way of doing business in the south, but in recent years many teahouses have opened in the north, and all kinds of rough businessmen have begun to follow the trend.

Many big bosses even specially hired a tea master for themselves.

"Come on, sit down," Lin Yuanxing performed some tea ceremony and let his son taste it.

"How about it?"

Lin Yuanxing felt angry when he saw his son finish a cup of tea in one gulp, just like a cow chewing a peony. He felt that he had wasted all these years of educating his son.

"How about what?"

Su Mingzhe seemed not to understand what his father meant and looked at Lin Yuanxing with a blank face.

Lin Yuanxing felt that he had worked in vain. Helplessly, he waved his hand and decided to get down to business first:

"What do you think about the future of Renren after this negotiation?"

"I don't have any ideas. Renren is not short of money and is still in a high-speed development stage. If it really reaches a bottleneck, it won't be too late to talk about finding someone to invest. Cooperating with them now is just throwing money out. It's meaningless."

Su Mingzhe expressed his thoughts.

Lin Yuanxing nodded: "Zhou Zuoxing said the same thing. Renren.com is developing rapidly at present. It will definitely be a loss-making deal if we discuss cooperation with others. We can't do it."

Lin Yuanxing said, then changed the subject and stared at his son and said, "If I asked you to choose a company to cooperate with, which one would you choose?"

"What do you mean?"

Su Mingzhe was a little stunned, and looked at Lin Yuanxing's serious face. Then he reacted and answered seriously: "If I really have to choose one, then choose Penguin. Penguin has the greatest development potential. In fact, the quotation they gave today is very good, but I want to lower the price. So I didn't agree to their proposal.

"Okay, I understand. Don't worry about it."

Lin Yuanxing waved his hand and let his son leave. His face was full of thoughts, which made Su Mingzhe feel puzzled.

After Su Mingzhe left, Lin Yuanxing sat for a while and then sent a message to Zhou Zuoxing.

Su Mingzhe went downstairs. Yang Xue was still playing with her phone on the first floor. There were a lot of snacks on the glass table next to her. She couldn't help but ask in surprise:
"Wife, did you just buy this?"

"It was given by the beautiful lady at the front desk."

Yang Xue seldom eats snacks. In order to maintain her figure, she usually eats a fixed amount of food. If she eats too much occasionally, she will just eat some fruit at the next meal.

As a beauty, Yang Xue has very strong self-discipline. Not only does she seldom buy snacks for herself, but when others give her snacks, she usually eats a little out of courtesy and never eats greedily.

"Okay, I'm done with my business, let's go home."

Yang Xue looked at the time on her mobile phone and realized that it was already past four o'clock in the afternoon.

"Oh, I forgot the time. I made an appointment with Xiang Wei and Xiao Yun. I was waiting for them at home at four o'clock. They must be getting impatient now."

"Why are these two so blind that they always act like light bulbs here?"

Su Mingzhe felt a little uncomfortable. It’s not that he didn’t welcome Yang Xue to make friends, but there was no reason for her to stay as a guest for long.

As the old saying goes: permanent residents are not guests.

Weekends should be a private space for couples.

Xiang Wei and Xiao Yun came once or twice every one or two months, and Su Mingzhe would still entertain them enthusiastically.

As a result, now the two of them come to disturb his and Yang Xue's couple's weekend every weekend, which is a bit too much.

"Hubby, Xiang Wei and Xiao Yun are both my good friends, so please bear with them."

Yang Xue could tell that her boyfriend was in a bad mood, but she couldn't persuade him too much. After all, when she was a freshman and sophomore, she had been taken care of by her two good sisters, Xiao Yun and Xiang Wei.

Now that she has a boyfriend, she has left her two best friends aside and told them not to come and play with her. She couldn't say anything about this.

"How about this, honey, didn't you say I looked good in H stockings? I'll wear them for you tonight, okay?"

After hearing this, Su Mingzhe quickly nodded in agreement.

In fact, I don’t care whether it’s H silk or white silk.

I am mainly afraid that my girlfriend’s legs will get cold if she doesn’t wear socks. After all, it is winter now.

(End of this chapter)