Financial freedom starts with smiling at life

Chapter 569 Will Tencent Give President Jiang Face?

When Liu Yifei heard Jiang Beicheng talk about Wu Wen, the founder of "Shangcheng" and a fashion icon in the Chinese entertainment industry, she immediately understood that Wu Wen was also a woman who had a relationship with Jiang Beicheng.

She was the kind of woman Haitangxi described who would never step into the Jiang family's door.

The women outside the door are getting such good resources and are doing so well now; Jiang Beicheng is indeed very generous to women.

Wu Wen was not surprised that Liu Yifei would have a relationship with Jiang Beicheng. The two had a somewhat ambiguous relationship before, but they only claimed to be friends.

To her shock, Liu Yifei was pregnant with Jiang Beicheng's illegitimate child and accepted the fact that they had no official status, maintaining a secret relationship for a long time.

This isn't the Liu Yifei I know from the Chinese entertainment industry.

This only shows that President Jiang is so charismatic that he can change a person.

The two looked at each other at the same time. Wu Wen was the first to come to her senses and greeted her with a smile, "Let's get to know each other again, Sister Yifei."

She changed her address to "sister".

Liu Yifei did not refuse the "sister" outside the door, and smiled and hugged her in return.

The two women complement each other in their careers, and now that they are in the arms of the same man, they will definitely support and care for each other in the future.

Their presence represents the face of Jiangbei City, so they definitely need to band together to strengthen themselves. Even if it's not about bringing honor to Jiangbei City and the Jiang family, they at least can't afford to lose face.

"Let's sit down and talk, President Jiang," Wu Wen invited.

Jiang Beicheng smiled and nodded.

The two didn't shy away from discussing the company's strategic financing situation with Liu Yifei.

"President Jiang, this is the capital market's revaluation of 'Shangcheng'."

This outlines the intended use, needs, and estimated scale of our financing.

These are the core terms, such as the proportion of shares to be released and the allocation of voting rights.

"...Please take a look."

Jiang Beicheng took it and read it carefully.

Judging from the response of the capital market, Shangcheng's development momentum is very good.

Last year's annual revenue was seven to eight times the industry average, and the company's valuation reached 18 billion.

Based on the B round's allocation of 15% equity financing, the total financing amount reached 2.4 million.

The investors we've contacted are quite proactive.

The investment agreement has basically been signed.

"What's the situation with Tencent Holdings?" Jiang Beicheng asked.

“We are still communicating and negotiating regarding voting rights; they want a seat on the board of directors,” Wu Wen stated truthfully.

"Give."

Jiang Beicheng was straightforward, which surprised Wu Wen.

Jiang Beicheng said, "Tencent basically does not interfere with the management and operation of its invested companies."

The premise is that the company is performing well, allowing Liu Zhiping to see corresponding investment value and returns.

Liu Zhiping, whom Jiang Beicheng mentioned, is the second-in-command at Tencent. It's no exaggeration to say that Tencent Holdings' nearly four trillion yuan investment portfolio is led by him.

Those who followed Tencent during the mobile internet era, those without real strength, were mostly integrated into Tencent's ecosystem; those with real strength are doing very well now.

On the contrary, the underlings who followed Alibaba were basically drained dry, becoming mere tools to provide financial support to Alibaba's e-commerce platform.

If "Shangcheng" can be backed by Tencent's entertainment empire, and with Yizhi Culture Media as its backer, its future path will be incredibly bright.

As for voting rights and board seats, Tencent's intention is to lead the Series B funding round or act as a strategic investor.

Simply put, it's nothing more than an extra layer of insurance.

If Shangcheng's future development is not as expected, Tencent can start to integrate resources, acquire or merge with Shangcheng, and maximize its profits by leveraging its own entertainment ecosystem.

The management and operational issues that Wu Wen was worried about actually do not exist, judging from Tencent's investment projects over the past ten years.

Coming to his senses, he nodded and agreed to Jiang Beicheng's request.

President Jiang's thinking and understanding are definitely far superior to hers.

Just follow President Jiang's instructions, and you can't go wrong.

Jiang Beicheng added, "Even if this move is a mistake, I can make it replay itself."

"Absolute control of Shangcheng will be in your hands alone."

These words made Wu Wen completely open up.

“I’ll fly to Shenzhen in the next couple of days to talk to them again,” Wu Wen replied. Jiang Beicheng smiled and nodded: “When you see Liu Zhiping, please give him my regards.”

“Okay, Ms. Jiang.” Wu Wen smiled, closed the folder, stood up, and glanced at the time. “Shall we have lunch together later? I’ll call and reserve a private room.”

Jiang Beicheng looked at Liu Yifei.

Liu Yifei smiled and nodded.

"Should I call him General Manager Shanghai?" Wu Wen asked.

“If you don’t mind, I have no objection,” Jiang Beicheng said.

"Hahaha, forget it, I'm already traumatized by it," Wu Wen said self-deprecatingly.

Liu Yifei looked at Wu Wen with curiosity.

Wu Wen didn't hide anything and said frankly, "I once tried to challenge the authority of the General Manager, and I lost miserably."

The entire special industrial park knows about how I embarrassed myself in front of her.

It's not so easy to get into the Jiang family's house.

Fortunately, I've found my balance now. There's a life inside the door, and there's a way to have fun outside.

The key is that General Jiang must approve of it.

"You've become a director," Jiang Beicheng praised with a smile.

Liu Yifei joked, "Does that mean I'm lucky?"

“You’re different, Sister Yifei. Our starting points are different. I was initially after President Jiang’s money,” Wu Wen said honestly.

Liu Yifei tilted her head and asked Jiang Beicheng, "When we met, I think I was richer than you, right?"

Jiang Beichen smiled and replied dismissively, "You're richer than me now."

He doesn't argue or dwell on these things.

Women care a little about their image in public; just give it to her.

With Liu Yifei present today, Jiang Beicheng and Wu Wen didn't have their fierce battle in the office.

However, after the meal, Wu Wen specifically asked Jiang Beicheng which type of mattress he preferred.

In the second half of this year, Shangcheng will move to the industrial park invested and built in Jiangbei City. When renovating its own office, a hidden door will be left to provide President Jiang with a private and interesting lunch break space.

We'll all be working in the industrial park, and President Jiang might often come to Shangcheng to provide guidance.

……

The following morning, Wu Wen flew directly to Shenzhen to discuss financing matters with Tencent Holdings Group.

This place has handled countless projects, both large and small, and has seen many entrepreneurs come and go.

There were also many entrepreneurs waiting in the lobby.

Even for Shangcheng, which had reached the strategic investment round of financing, there was still a queue to schedule an appointment with Liu Zhiping in order to have a chance to meet him in person.

He has too many big projects in his hands.

We were supposed to meet at 11 o'clock.

However, by 11:30, Wu Wen still hadn't received a notification from the front desk.

Go up and communicate.

The receptionist made a phone call to the president's office.

"Mr. Wu, I regret to inform you that Mr. Liu has another meeting soon, so our meeting this morning may have to be postponed."

"When will it be pushed back?"

"I'm not sure about that. We need to contact Mr. Liu's secretary, or you can communicate with Mr. Liu's secretary directly."

We can't wait any longer. In the first half of the year, Shangcheng magazine stood out. Last year, it broke the sales record for physical magazines thanks to Liu Yifei, and has already declared that spring and summer are the main stage for domestic fashion magazines.

The financing and disbursement cannot be delayed until April or May, as this would hinder the company's strategic development plan.

Given Mr. Liu's usual work efficiency, a project valued at over a billion yuan would probably only come to mind when he has some free time.

Wu Wen had a sudden inspiration and remembered what Jiang Beicheng had said yesterday: he had met Liu Zhiping at Tencent and she would send his regards.

President Jiang should be acquainted with Liu Zhiping.

"Twenty minutes. Could you please convey this to Mr. Liu's secretary? I've already spoken with angel investor Mr. Jiang. He'll only need twenty minutes to come today and will definitely give Mr. Liu the result he wants." Wu Wen directly brought up Jiang Beicheng, just to see if Tencent's second-in-command would give him face. (End of Chapter)

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