August 23, 2014, Saturday; Zhang Yiru rarely got up early, and she was so angry that she couldn't help complaining to Gu Junhao while getting dressed.
"We have to choose a weekend when we sign the contract, and we don't even let anyone get a good night's sleep. I'm really impressed by you guys who do stock trading."
"Haha, if you have to trade on weekdays, it's pretty good on weekends."
Gu Junhao responded with a smile. Zhang Yiru was right. Gu Junhao usually left some personal matters until the weekend to deal with them, so as not to affect the normal market reading.
In fact, it’s not just stocks. For ordinary people who work a normal 9 to 5 or even 996, many things are left to the weekend. After all, it is not good to ask for leave frequently.
Today Zhang Yiru also went to Fengshi with Gu Junhao. On the one hand, it was Xiao Gu's first industrial investment, so he had to support it. On the other hand, it was also a holiday. Xiao Gu was on a business trip and staying at home was boring.
There are many places to visit in Fengshi, including Bald’s hometown, 5A-level scenic spots, and some ancient towns, such as Thousand Layer Cake, Peach Peach, Bamboo Carving, etc., which are quite famous.
Unlike Beicang, there is nothing.
"Speaking of it, this can be regarded as the first official cooperation between the two of you. Why don't you pick a good day?"
"Time is not waiting for me. The order has been placed. I have to finish the preliminary work quickly so that it can be put into production quickly. But today is also a good day. The 28th day of the seventh lunar month coincides with the end of the summer heat."
"It's not a good day to be in the summer heat. It's a hot day."
"Why don't you forget it? The end of the summer season means that the hot weather has come to an end, and it will soon be the season of autumn. Autumn is also the harvest season."
"Okay, whatever you say is fine. Get up quickly. If I let you get up, you'll be in bed unable to get up."
"Come on, it's coming."
After the two of them had packed up, Gu Junhao drove Zhang Yiru to Fengshi. Last weekend, Jiang Jianbai came to Beicang to seek investment, and this weekend, Gu Junhao rushed to Fengshi to formally sign the contract.
After driving for nearly two hours, following the navigation instructions, Gu Junhao arrived at the location of Jiang Jianbai's company. After parking the car, Gu Junhao began to look at it.
"Bai Ning Auto Parts Co., Ltd." Like many small businesses, Jiang Jianbai's company is not too large, with only forty or fifty employees currently. However, looking from the outside, it appears to be quite well planned, clean and hygienic.
"It's a good idea to get the name." Gu Junhao smiled and told Zhang Yiru. According to Brother Jiang, the company's name was taken from a word in his and another person's name.
It was the same as Dong Ge's company; at this time, Jiang Jianbai, who had come after hearing the news, also came to the door of the company to greet Gu Junhao.
"Welcome Mr. Gu, and also welcome Miss Zhang." Jiang Jianbai said with a smile. Gu Junhao looked at him and felt that compared with last week, Jiang Jianbai's spirit seemed to have changed a lot.
"Brother Jiang seems to be in good spirits, thank you for your hard work." Gu Junhao responded with the same smile. Jiang Jianbai was really hard this week. He had to handle everything inside and outside personally, and he couldn't sleep for more than a few hours every day.
Gu Junhao could often see the messages Jiang Jianbai sent to him with half a glance, as well as the occasional posts on Moments, unlike Gu Junhao who could just ignore the shopkeeper.
"When it comes to hard work, it is indeed hard work. It's not as good as when I first started my business. However, if you are busy and happy, have goals, and have a goal, it can be regarded as a second spring."
"Brother Jiang is kidding, you are just 30 years old and your first spring is not over yet."
"Okay, don't care what age he is, let's go in, it's still a little hot outside." After chatting for so long, the three of them stood in the shadow of the eaves of the guard room, but it was still relatively hot.
"Wait a moment, Mr. Guo and his assistant are about to arrive. Just now, their car had a minor problem and was delayed."
"It's okay. Mr. Guo has been here before. He knows the way. Let's go in first. I'll treat you to tea today."
"Uh...Okay." Gu Junhao touched his nose awkwardly.
After about half an hour, Guo Yuanwei and Li Xinyu arrived in a hurry. Guo Yuanwei set off earlier than Gu Junhao, but his car stalled on the road and repairs were delayed for a while.
As for Li Xinyu, she was fully involved in this project, and her performance was recognized by Guo Yuanwei. Of course, she couldn't be left behind when signing the contract.
Li Xinyu lived in the same direction as Guo Yuanwei, so Guo Yuanwei suggested bringing her over.
"Mr. Gu, Mr. Jiang, didn't I delay you?" Guo Yuanwei said after entering the office, and then looked at Zhang Yiru: "Ms. Zhang is here too."
"Well, Xiao Gu said that he just took the opportunity to spend two days in Fengshi." Zhang Yiru responded with a chuckle. She really came here just for fun.
"Well welcome, I feel that compared with Beicang, our place has more places to play and eat. I will take you around after the contract is signed." Jiang Jianbai said immediately.
"Then there's no need. Brother Jiang, just go about your business. It's such a big place, how can you still throw it away?"
"I see, you are afraid that I will be a light bulb, haha; okay, if you need anything, come to me anytime."
"Mr. Gu, hello Mr. Jiang; hello Sister Zhang." At this time, it was the assistant's turn to speak; Li Xinyu was very happy that the boss could bring her out to sign the contract this time.
Although it takes up my weekend time; however, this is also a kind of recognition of my work.
"Well, Xinyu, do you have any plans for the weekend? If not, you can spend two days with us in Fengshi, and we will drive back together tomorrow afternoon." Zhang Yiru said to Li Xinyu.
"Ah, no, no. I will go back with Director Guo then." Li Xinyu quickly refused. The boss just refused Mr. Jiang's company. I don't want to be this light bulb.
"Mr. Gu, you need to hire a driver. You have to drive yourself on a business trip, and Xiao Li has to take the director's car. This doesn't look like a fund manager who has a net worth of more than 1.5 in two months."
"I rarely go on business trips, so why do I need this style? But Brother Jiang's words reminded me that I should really consider hiring a driver. If Xiao Li goes to do something for me somewhere, it would be safer to have a driver to pick him up and drop him off."
"Well, a driver doesn't cost much."
"Remember it and mention it to Director Shen when you go back. It's best to be retired." Gu Junhao immediately explained to Li Xinyu since he was good at it.
In terms of starting a company, he really should learn from Jiang Jianbai. Just after he came here, Gu Junhao also visited Jiang Jianbai's company.
Although Park Lane Auto Parts is small, it has all the necessary equipment, the factory area is well-proportioned, and the employees' mental outlook is also good. Gu Junhao has been in Deye for a year, so he still has a certain understanding of whether these are true.
"Then Mr. Jiang, Mr. Gu, let's start?" Guo Yuanwei said after the five of them chatted for almost an hour.
"Okay, is Brother Jiang ready?"
"Okay, I'll call our company's financial officer and bring over all the information; after signing, we'll go out for dinner, and I've booked the hotel." Jiang Jianbai was also unambiguous.
After a week of evaluation by two professional institutions, the specific valuation of Park Lane Auto Parts was finally recognized by Jiang Jianbai and Gu Junhao.
By analyzing Park Lane Auto Parts' total assets, rate of return, asset profitability in the same industry and future expectations, Gu Junhao finally gave Park Lane Auto a valuation of 60 million yuan.
Generally speaking, the PE of the manufacturing industry is not very high, generally between 10 and 20.
Compared with the current net profit of Park Lane Auto Parts, the PE valuation given by Gu Junhao is already very high and can be described as quite generous.
Jiang Jianbai himself has a high level of knowledge and is very clear about the current value of his company, and will not ask for sky-high prices like some old haters.
Apart from data analysis and understanding of the company, in Jiang Jianbai's opinion, a valuation of between 40 million yuan and 50 million yuan is already relatively fair.
As for market expectations, this is all a matter for the future. It is common for a small company to be unable to sustain itself when the industry is developing well.
Gu Junhao's first quotation gave a valuation of 60 million yuan, which was more than 10 million yuan higher than his psychological expectations.
I may not be able to earn this more than 10 million yuan in ten years.
Therefore, Jiang Jianbai did not make a counteroffer. Considering that Gu Junhao had already pledged his equity, if the price was too high, the investment negotiation might simply fall apart.
At that time, it will affect the relationship between the two parties. After all, for now, this fund is not important to Gu Junhao.
But for me, it is a timely help. With this investment, I only need a small loan from the bank to support the shipment of this order.
This is equivalent to Gu Junhao using his funds to bear the risk for himself until the finance department gets the formal data and contract.
Gu Junhao confirmed that it was correct and sent a copy back to Zhuo Yifan. After receiving confirmation from Zhuo Yifan, Gu Junhao officially signed his name on the first investment contract in his life.
Like the previous fund contract, it was someone else giving money to themselves, but this time, it was me giving money to others, which can be regarded as a new beginning in the investment life.
"Mr. Jiang, it's a pleasure to cooperate with you; the 6 million yuan of funds will arrive next Monday." After the two parties signed the contract, Gu Junhao also changed his official title, stretched out his hand and said to Jiang Jianbai.
6 million yuan of capital, 10% of the shares, not seeking control, only as an investor, if Park Lane Auto Parts needs the next or multiple financings.
Gu Junhao enjoys priority and can increase his shareholding up to 30%. If there is a need to introduce a new investor plan, Gu Junhao can also choose to follow the investment to keep his shareholding at 10%.
This is what Gu Junhao asked for, and what Jiang Jianbai wants to see; both parties maintain a clear distinction between priorities on the basis of win-win cooperation.