Dressed in a crisp gray suit and sporting an equally bright red tie, with slicked-back hair and decent facial features. Unfortunately, he was quite short, probably only about 1.6 meters, even shorter than Gu Nuan.
When Manager Zhou first came to greet Chen Jiaming, he even made a move as if he was going to carry Chen’s bag for him.
With its reputation, following Xiao Jianming to become the richest man, Changda’s momentum had become uncontrollable domestically. Which company wouldn’t want a touch of Changda’s luck?
Thus, Gu Nuan thought about yesterday’s meeting with President Zhuang, where it had been their side showing subservience, whereas today, at Tengguang, it was Tengguang’s turn to be obsequious.
This clearly demonstrated that money ruled everything and that only the wealthy were in charge.
After a bustling and noisy welcome at the entrance, the group entered Tengguang’s office building, a modest three-story building. Reportedly, this office building was rented from someone else and was not an asset owned by the Tengguang company itself.
One could see just how stingy and meticulous Tengguang’s owner was from this arrangement.
Upon arriving in the spacious conference hall, red welcome banners were also hung up.
Indeed, such an exaggerated way of welcoming looked fine at first glance, but if it was everywhere, one might suffer from aesthetic fatigue.
Gu Nuan even suddenly thought of the term "Hongmen Banquet".
Chen Jiaming and Wa Zicong, given Tengguang’s overly enthusiastic attitude, seemed somewhat cautious.
Under Chen Jiaming’s signal, Li Sitong stepped forward to negotiate with the other party.
Manager Zhou, upon receiving their feedback, showed a trace of shock and laughed awkwardly, "Didn’t expect that Director Chen dislikes a lively scene? We always thought that Director Chen, being from the south, loved festive events such as lion dance performances. We were even considering hiring a lion dance troupe."
The customer is God, and their demands are paramount, needing fulfillment.
Manager Zhou immediately ordered the ushers, including the hostess and a group of other reception staff, to leave the conference hall.
This withdrawal of unrelated personnel finally quieted down what should have been a serious and precise business negotiation site. Thɪs chapter is updated by 𝓷𝓸𝓿𝓮𝓵·𝓯𝓲𝓻𝓮·𝓷𝓮𝓽
Changda and the representatives of MN sat on one side of the negotiation table.
On Tengguang’s side, Manager Zhou only brought two assistants, one reportedly Tengguang’s Chief Financial Officer, and the other was Zhou’s secretary.
Before this business negotiation, the three parties had already had multiple personnel interactions and remote communications regarding the transaction content and acquisition plans. It was after several months of coordination that this meeting was finally set.
That is to say, if nothing unexpected occurred, the three parties were to sign a formal letter of intent following this negotiation.
Ultimately, a propitious day would be chosen to announce it in the newspapers.
Thus, the entire acquisition process would officially commence.
This meeting undoubtedly determined whether Changda’s acquisition of Tengguang would be successful or not.
"Regarding your chairman, the latest information about the pricing sent by fax to our chairman was received by us last night," Manager Zhou started.
Upon hearing this, Gu Nuan immediately recalled last night’s meeting and the materials provided by Fu Yubo.
In acquisition business, the first thing to negotiate is the market valuation of the seller’s assets.
This valuation, firstly, cannot be too high for the buyer, as that leaves no profit from the business acquisition.
Secondly, the valuation cannot be too low, at least not much lower than the general market level, otherwise, it would diminish the seller’s willingness to sell the assets.