Huayu: From the Era of Ringtones to Becoming a Legend
Chapter 14 Buy a company for 45? You're dreaming!
After thinking for a moment, Lu Jiuge said:
"The sooner the better. According to Teacher Liu, Wanfa Lingyin could go bankrupt at any time. Delaying it might cause unforeseen problems!"
"Okay, I'll make the call right now!"
After answering, Liu Sixi took out his phone and dialed the number of Chen Bin, the owner of Wanfa Ringtone.
"Old Chen, I've already made an appointment with Lu Jiuge. When are you free? Let's meet up!"
Liu Sixi deliberately ignored the idea of acquiring the company, and Chen Bin, not expecting his purpose, eagerly said:
"I'll be at the company all day; you're welcome to come anytime!"
Back in 05, Lu Jiuge could hear the conversation from the speakerphone of her mobile phone without even turning it on, and she gave an OK sign.
Seeing his actions, Liu Sixi laughed:
"Old Chen, see you at two o'clock this afternoon. I'm coming to the city now!"
"Okay, I'll be waiting for you!"
……
After hanging up the phone, Lu Jiuge called Wu Ziming to say hello, and the two drove Liu Sixi's Santana to the city.
Wanfa Lingyin Company is located in a dilapidated office building on the outskirts of the city.
Chen Bin, with thinning hair and puffy eyes, waited at the entrance of the office building.
Seeing Liu Sixi and Lu Jiuge approaching, he warmly went up to shake Lu Jiuge's hand and greeted her expectantly:
"This must be Lu Jiuge, Lu Mingxing! Great! With you signing with me, Wanfa Lingyin is saved!"
"Don't worry, I'll make sure you don't lose out on the profit sharing!"
"Old Chen, let's go inside and talk. Let's see how much strength your company still has!"
Chen Bin wanted to say something more, but Liu Sixi interrupted him.
"Yes, yes, let's go to the company for tea!"
The three of them took the elevator to the seventh floor. As the elevator doors opened, Chen Bin suddenly stopped.
"Old Liu, Little Lu, Wanfa Lingyin is facing some difficulties right now, but all the teams will return to work as soon as we successfully sign the contract!"
Upon hearing this, Lu Jiuge instantly understood that the Wanfa Bell Sound was now mostly just an empty shell.
Sure enough, when we followed Chen Bin into the company, the scene inside looked like it had been robbed; the office hall was a mess and there wasn't a soul in sight.
The row of offices against the wall were also empty. Chen Bin's office had its lights on, and as soon as you reached the door, a strong smell of smoke hit you.
As Chen Bin invited Lu Jiuge and Liu Sixi to sit down, he eagerly expressed his desire to print out the contract and discuss it after making tea.
"Old Chen, stop busying yourself!"
After exchanging a glance with Lu Jiuge, Liu Sixi sat down opposite Chen Bin:
"Let's skip the formalities. We've been brothers for over ten years, let's get straight to the point!"
Turning his head to glance at Lu Jiuge, Liu Sixi stopped beating around the bush:
"Lu Jiuge, Xiao Lu, is now my partner. We're interested in your company!"
"I know the reason we're sitting here today is to discuss a copyright agreement..."
"What? Lao Liu, you're saying you have ideas about the company?"
Chen Bin realized what he was saying halfway through his sentence, glanced at Liu Sixi with a puzzled look, and then stared straight at Lu Jiuge.
Lu Jiuge didn't notice Chen Bin's gaze; her attention was drawn to the SP ringback tone service provider qualification license hanging on the wall.
"Old Chen!"
Liu Sixi shouted to attract Chen Bin's attention and continued:
"We're here today not to discuss cooperation, but rather to explore the possibility of acquiring Wanfa Lingyin!"
"Acquiring Wanfa Lingyin?"
After a few seconds of stunned silence, Chen Bin slammed his fist on the table and roared:
"Old Liu! I treat you like a brother, and you want to tear me apart? All laws are my lifeblood!"
Liu Sixi's face darkened, and he was about to speak when Lu Jiuge spoke first:
"Mr. Chen, isn't your desire to cooperate with me just like robbery?"
Lu Jiuge took out her phone and waved it:
"I can earn over 100,000 yuan a day with the song 'Walking In The Sun.' You think you can reap the rewards of that success?"
He turned and stared at Chen Bin:
"Teacher Liu didn't bring me here to kick you when you're down; she came to save you!"
"Mr. Chen, besides Teacher Liu, go and ask around, who else would bring a project with the potential to earn six figures a day to take over your debt-ridden mess?"
Chen Bin's angry expression froze. He stared blankly at Lu Jiuge, then at Liu Sixi, and his momentum instantly vanished.
Liu Sixi then picked up the conversation:
"Old Chen, Xiao Lu is right. What you urgently need right now isn't to revitalize the company, but to quickly liquidate your debts!"
Chen Bin opened his mouth, but all his rebuttals were stuck in his throat, and he couldn't utter a single word.
"Old Chen, I know your current financial situation better than anyone!"
Liu Sixi also sighed, analyzing the situation from a friend's perspective:
"Since the bank withdrew its loans last week, your cash flow has been completely cut off. In the current situation, even if Xiao Lu signs with the company, you won't have the money to keep it running!"
"The financial hole will only get bigger and bigger then, so why bother!"
After Liu Sixi finished speaking, Chen Bin slumped down, listlessly sitting back in his chair.
"Old Liu, but I'm not satisfied! In my opinion, the ringback tone market hasn't even reached its peak yet!"
"Old Chen, you've been in business for so many years, you should understand better than me that many people fall in the darkness before dawn!"
Liu Sixi got up, walked over to Chen Bin, patted him on the shoulder, and continued his analysis:
"If you sell the company now and pay off your debts, you'll have a chance to make a comeback later. But if you keep dragging this out, you won't get the right opportunity, and you'll be completely finished!"
"Besides, you also tried to sell the company a month ago, but you couldn't find a buyer! What I'm doing now is helping you!"
After clutching his hair and remaining silent for a long time, Chen Bin weakly looked up at Liu Sixi:
"So how much are you prepared to offer for the acquisition?"
Hearing this, Lu Jiuge knew it was her turn to speak.
He stood up, walked over, handed Chen Bin a cigarette, and said:
"Mr. Chen, I've researched the market and learned about several companies that want to sell. Given the current state of Rinnegan's development, I can offer 450,000!"
"Four hundred and fifty thousand? Lu Jiuge, what the hell are you talking about? Just this SP license alone, when the market is good..."
"Mr. Chen, you said it yourself, it's when the market is good!"
Lu Jiuge interrupted Chen Bin, and he cursed at her without her noticing.
Lu Jiuge understood that Chen Bin was using her, an outsider, to express his dissatisfaction with Liu Sixi.
Liu Sixi also looked grim and stood to the side without saying a word.
After a pause, Lu Jiuge continued:
"Mr. Chen, to be honest, I've contacted several ringback tone service providers in Zhejiang Province who are looking to sell their services, including some with even lower prices!"
"I'm aware of Wanfa Lingyin's business operations, debt situation, and its extremely poor reputation in the industry! Offering 450,000 is already my maximum!"
"Mr. Chen, you need to understand this now: Wanda Ringtone's only remaining value lies in its SP (Special Permit) ringtone service provider label!"
"But your company has negative assets. If I acquire it for 450,000, I will face the risk of industry suppression!"
Chen Jianguo's face turned from red to white. He opened his mouth, wanting to refute, but no sound came out.
After another silence, Chen Bin spoke with a mournful face:
"Four hundred and fifty thousand is absolutely not enough. That amount isn't even enough to cover my accounts, let alone the company's nearly one hundred thousand in outstanding debt!"
After saying that, Chen Bin adopted the posture of a deadbeat:
"If they can't balance the accounts, I'm not selling. Anyway, I'm all alone now, I've lost my home, so let the banks and creditors do whatever they want!"
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