164: It smells so good!!
To be honest.
Zhang Hongchao was deeply opposed to financing in his heart.
But there was no alternative.
Now his younger brother said the same thing, plus there was the pressure caused by rising raw material costs.
Coupled with the inadequacy of the suppliers.
All these issues combined were making it hard for him to breathe.
Forget it.
He might as well meet them.
Seeing Zhang Hongchao nod, his younger brother Zhang Hongpu's face lit up with joy.
He had finally managed to convince his old-fashioned elder brother.
In the future.
After Snow King took off, Institutions specifically conducted a detailed analysis of the personalities of the two brothers.
The final conclusion was.
The elder brother was extremely good at maintaining the status quo.
While the younger brother enjoyed aggressive expansion.
Their rare synergy was what ultimately created the future Snow King Empire.
Of course.
Their personalities, being what they were, also led to some drawbacks.
For example, one day in the future, Zhang Hongchao's conservatism caused him to miss the opportunity to occupy Modu, leading to this huge piece of meat being handed over to others.
Or, conversely, his younger brother Zhang Hongpu's frantic opening of new stores led to logistics failing to keep up, resulting in a series of problems.
These were all very normal occurrences.
Since they decided to meet, the two brothers acted swiftly and decisively.
They arranged the meeting that same night for the following day.
The next day.
Inside the Junlin Finance VIP conference room.
The two brothers, Zhang Hongchao and Zhang Hongpu, sat in the conference room, looking at Wang Lin, who was unreasonably young.
They exchanged glances, their eyes filled with surprise.
Could such a frighteningly young person actually be a financial tycoon controlling hundreds of billions in assets?
Industry speculation suggested that Wang Lin's current assets were definitely over ten billion.
And this was achieved in just one year since he entered the financial sector.
Terrifying!
Absolutely terrifying!
What was worse, he hadn't even graduated yet!!
His diploma would only be officially issued this summer.
The two men swallowed hard.
Compared to Wang Lin, everything they had done previously seemed insignificant.
What was the use of expanding to nearly a thousand stores? They were still utterly bewildered by a minor issue like rising raw material prices.
Furthermore, logistical problems had caused franchisees to lose trust in them.
Comparing people really makes one furious.
Strangely enough.
Having sat down here, Zhang Hongchao seemed less resistant.
He looked at Wang Lin, pondering.
Perhaps the other party really could help them overcome this difficulty?
Wang Lin smiled and looked at the two, saying, "I know your time is very tight right now, and I personally don't like to beat around the bush. Since we are all from Yu Province, I'll speak frankly!"
"I am very optimistic about your company's future development, and I am happy to invest in a brand from our Yu Province."
"Regarding the crisis your company is currently facing—whether it's the rising cost of raw materials or the inadequate supplier logistics leading to franchisees lacking equipment—I can solve all of these problems!"
Zhang Hongchao looked at Wang Lin, realizing that this man had indeed investigated them thoroughly.
Negotiating with capital at a time of both internal and external troubles would likely mean their valuation would be severely suppressed, right?
His expression was hesitant as he said, "If CEO Wang can solve these problems, I believe we would indeed very much welcome the investment."
"However, I hope that our company will still be managed by us two brothers."
"I won't hide it from you, I speak quite directly. I don't want outsiders pointing fingers and giving advice; a company cannot have too many voices."
His younger brother Zhang Hongpu's expression immediately turned sour.
He cursed inwardly, thinking his elder brother was too stubborn. How could this meeting continue if he spoke to Wang Lin like this?
He quickly explained, "CEO Wang, let me clarify. My brother means that everyone hopes the company will get better and better. It's not that we don't want you to interfere, but rather we are afraid that you, not being familiar with the company's affairs, would overwork yourself..."
Listening to these explanations, Wang Lin smiled, raised his hand, and waved it, saying, "I think, perhaps you have misunderstood something?"
Seeing the confused looks on their faces.
"I have never intended to interfere with your company. As I said, I want to invest in you simply because I see your potential and because you are a local brand from Yu Province, nothing more."
"I do not require decision-making power. I only want dividends!"
Wang Lin's words were clear: I just want money.
As soon as he said this, the atmosphere instantly livened up.
Zhang Hongchao smiled apologetically, standing up awkwardly to apologize: "CEO Wang, I didn't realize...,"
Wang Lin gestured for him to sit down and said, "Then shall we discuss the equity issue?"
More than an hour later.
Wang Lin looked at the document in his hand.
With a valuation of 1 billion, Wang Lin invested one hundred million, and by solving Snow King's current supplier logistics issues, he received a 13% stake.
In other words, the net worth of the two brothers, Zhang Hongchao and Zhang Hongpu, had now reached over 800 million.
"Truly delicious. For a company that will be worth over 200 billion in the future, I've secured over 20 billion just like this."
Based on Snow King's development, after this crisis, they would not encounter any significant crises again.
In the time that followed, they would rise aggressively, expanding their stores twofold and increasing their revenue threefold every year.
This investment was truly worthwhile.
Even if there were subsequent A-round financing, B-round financing, and other funding rounds in preparation for going public.
Wang Lin would also have priority rights.
Simply put, he had firmly grasped this equity worth over 20 billion.
Furthermore, he did not rule out the possibility of increasing his investment later on.
After all, once they experienced the rapid rise fueled by capital support, it would be difficult for them to go back to how things were before.
Walking out of Junlin Finance and sitting in the car, the two brothers felt like they were dreaming.
Zhang Hongchao muttered, "A valuation of 1 billion? How dare he value us so highly? I thought he was going to severely undercut the price."
Zhang Hongpu, looking like a devoted fan, said, "That's Wang Lin! He's known in the financial world as Brother Lin. His company's cash flow is already over ten billion, he's incredibly rich!"
"And didn't he say he likes investing in our local businesses to bring glory to Yu Province?"
"If you ask me, Brother, you worry too much. Capitalists aren't all bad people. Isn't Brother Lin a good person?"
Zhang Hongchao was left speechless.
But thinking about how their net worth had instantly exceeded 800 million.
It truly felt like a dream.
Over the next few days.
Wang Lin utilized his connections.
He easily solved Snow King's problem of insufficient franchisee equipment.
This matter was actually easy to resolve; it was just that the two brothers, Zhang Hongchao and Zhang Hongpu, lacked the necessary connections.
Simply put, they couldn't open the doors to the upper echelons.
But for someone in finance, especially at Wang Lin's level.
Whether it was the principal of Finance University, the directors of Social Security and Pension, or the leaders of CITIC Finance.
They were all now very familiar with Wang Lin.
Society is a pyramid.
The higher you go, the greater the likelihood of knowing influential people.
For a provincial capital leader, finding a supplier for a small company worth a few hundred million was incredibly easy.
In less than three days.
Snow King's supply chain issue was resolved.
Zhang Hongchao looked at the messages of trust sent by the franchisees, and only two words appeared in his heart: Truly Delicious!
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