The establishment of [Xinlang.com] has had a great impact on domestic Internet industries. In recent times, it has stimulated the craze for domestic Internet development. Countless Internet companies have been established and rose one after another.

At this point, the three major domestic portals have officially taken shape, indicating the arrival of the domestic Internet era!

Li Yaozong's contact with [Xinlang] also achieved some results, but did not achieve Ye Fan's goal of not allowing American capital to enter.

Because Wang Zhidong had previously taken investments from American capital, and Huayuan Information was also open in the United States, Wang Zhidong also wanted to list on Nasdaq [Xinlang].

Therefore, Ye Fan's idea of ​​"Xinlang" secondary financing not accepting American capital cannot be realized for the time being, and Wang Zhidong does not pay attention to controlling rights, otherwise he would not be kicked out in the end.

Previously, [Sitonglifang] distributed 10% of the equity to the management, but Wang Zhidong actually offered not to participate in the stock option distribution, and his 20% of the shares were diluted to 13%.

After the merger of the two companies, [Xinlang] conducted two financings, and Wang Zhidong's original 13% stake had been diluted to little, no more than 6%.

But after that, the valuation of [Xinlang] soared, and Wang Zhidong was not concerned about the diluted equity. As a result, after [Xinlang] went public, he was kicked out of the board of directors in 2001.

So Ye Fan asked Li Yaozong to explain the importance of equity to Wang Zhidong in order to gain more investment shares.

Fortunately, Li Yaozong is very eloquent and explains the pros and cons of controlling rights to Wang Zhidong with his perfect tongue. In addition, he is a Hong Kong businessman and is also a Chinese, which makes Wang Zhidong accept the investment from [Zhongsheng Company].

Ye Fan also hopes that Wang Zhidong can stay in [Heart Wave] forever, which will be very beneficial to his future influence or control [Heart Wave].

Moreover, with Wang Zhidong's existence, it may be better in future management and development, which will not suffer any loss for Ye Fan.

In terms of shares, since the establishment of [Xinlang] is the merger of [Sitonglifang] in stock exchange acquisition [Huayuan Information].

Therefore, [Huayuan Information] is priced at US$20 million, accounting for 38% of the shares of [Xinlang], and [Sitonglifang] is priced at US$30 million, accounting for 62% of the shares of [Xinlang].

Wang Zhidong valued the newly established [Heart Wave] by US$58.8 million and then conducted a second round of financing.

Currently, he contacts investors include [Walden International Group, Japan SoftBank], [Goldman Sachs Group,] and [Singapore Economic Development Bureau].

These investors plan to invest $25 million at a price of $2.8 per share, and then acquire 29.83% of the shares of [Heart Wave].

But now with Ye Fan's participation, everything has become different. Wang Zhidong now realizes the importance of equity.

Unlike foreign capital, Li Yaozong promised him that the management of [Zhongsheng Company] in [Xinlang] will definitely support him.

This made Wang Zhidong, despite the opposition from management and the pressure of US capital, severed 10 million in financing and gave [Zhongsheng Company].

Just waiting for the signing in February to complete, Ye Fan will be able to successfully acquire 11.93% of the shares of [Xinlang] for US$10 million.

In addition, Wang Zhidong also promised Li Yaozong that if [Xinlang] wants to raise funds later, he will also give out a large part of the investment to [Zhongsheng Company], as long as [Zhongsheng Company] always supports him!

In response to this, Li Yaozong naturally followed Ye Fan's opinion and agreed to Wang Zhidong.

But the only disadvantage is that [Zhongsheng Company] has been exposed and has entered the sight of these foreign investment companies.

Fortunately, Ye Fan has taken precautions in advance. He only needs to be careful and he will not be suspected by them for a short time.

The [Heart Wave] made Ye Fan happy for a while, but something happened a few days later still gave him a headache.
Chapter completed!