Chapter 68 :Accounting for 36%, Jindong’s largest shareholder

“President, just a call from the Finance Department, there are 10 billion U.S. dollars in the account, the payer is Fengteng Investment!”

When Liu Rongdong just left the five-star hotel where Lin Feng was staying, the secretary suddenly told him a piece of news.

Suddenly, Liu Rongdong’s eyes brightened, and an inexplicable feeling of gratitude grew in his heart.

In fact, what Jindong has just signed with Fengteng Investment is only an agreement of intent, and Fengteng Investment is not obliged to send money to Jindong in advance, because the pure intention agreement does not have legal effect.

However, now that the money has arrived in Jin Dong’s account, it can only show one thing, that is, Lin Feng not only knows Jin Dong’s plight, but also made a special move in order to help Liu Qidong get rid of this plight.

“Go, go back to headquarters!”


Without the slightest hesitation, Liu Qidong returned to Jindong headquarters with this pride.

And that night, the entire Jindong Group was drastically reformed, and many senior management were fired, with prices of 3.2 billion, 2.9 billion, 800 million, and 970 million.

Acquired 25.1% of Jindong Group’s shares held by Wal-Mart, Hillhouse Capital, Tiger Fund, and Today Capital.

At the same time, it took over a large number of settlement orders for the Golden East Group on the market, costing nearly US$2 billion and repurchasing 15% of the shares.

This change shocked the entire Chinese e-commerce business. Everyone was surprised by the large cash flow of Jindong. This is a full tens of billions of dollars. Who can easily take it?



As Jindong repurchased almost half of its shares drastically, the stock price that had fallen was suddenly stopped, and there was even a tendency to rebound.

Wal-Mart, Hillhouse Capital, Tiger Fund, and Today Capital, which had been anxious before, almost broke their bowels.

…….

At 9 am the next day, Lin Feng, accompanied by Mo Xinya and the team of lawyers, once again came to the headquarters of Jindong Group.

“Hahaha! Lin Dong, I have been waiting for you for a long time, please come in!”

Liu Weidong appeared at the gate with a smile on his face, and quickly greeted Lin Feng in.

The series of operations last night can be regarded as venting all the anger that had been held in his stomach for more than half a year.

Just ask, how can he not be so respectful to Lin Feng.

“good!”

Taking a deep look at him, Lin Feng knew it well, nodded, and walked to Jindong headquarters.

Half an hour later, in the meeting room of Jindong headquarters, Liu Weidong took the lead to present several contracts on behalf of Jindong, including the specific contract for the establishment of special sales channels between Jindong Mall and Longteng Group and the transfer of 36% of the shares to Fengteng Investment.

After the lawyer team reviewed the contract correctly, Lin Feng, as the chairman of Longteng Group and Fengteng Investment, signed his name under the contract.



At the same time, a ‘Nirvana X’ mobile phone was handed over to the Jindong team. Under the hands of a professional photographer, photos and even short films were taken from various angles.

This is for better publicity in the future.

Of course, Jindong Group has also prepared a technology team to conduct a full range of tests on the performance of the Nirvana X mobile phone, and to digitize the configuration.

It has been tossing for 3 hours and all the procedures have been completed. The Longteng Group has also transferred 500 million RMB for opening channels and publicity to the Jindong account.

The cooperation between Longteng Group and Jindong Group officially started.

“Mr. Liu, I only have one requirement for this cooperation, and that is, before the official release, Nirvana X is not allowed to appear on the market.”

Lin Feng looked at Liu Weidong meaningfully and said.

Hearing this, Liu Weidong’s face condensed, and he immediately said in a deep voice: “Please don’t worry about this. Before the Longteng Group is listed, Jindong guarantees that even a little bit of news will not be leaked to the outside.”

This special sales channel is not only concerned by Longteng, but Jindong has also devoted a lot of effort. Only when Nirvana X continues to ensure the sense of mystery can the publicity be more effective.

“Okay, then please Mr. Liu for all this.”

Lin Feng didn’t say much. Starting today, he is also a shareholder of Jindong Group, and he is the largest shareholder with 36% of the shares.

I believe that no one in the Jindong Group dared to do something that would harm the interests of cooperation between the two parties behind his back.

At 2 o’clock in the afternoon that day, Lin Feng returned to Shenzhen by plane, ready to wait for Nirvana X to be officially listed.

But the storm did not stop with his departure. On the same day, Jindong Group President Liu Weidong held a press conference and announced that he would formally cooperate with Longteng Group to sell new mobile phones.

Moreover, Liu Weidong also announced a major news, that is, the emergence of Jindongxin’s major shareholder, and Fengteng Investment owns 36% of Jindong’s shares.

Once the news came out, it caused an uproar.

Some people have already dug the bottom of Fengteng Investment. Fengteng Investment is actually the controller of Longteng Group. Now that it has invested in Jindong, it is not necessary to join forces.

For a while, Jin Dong’s stock price, which had been sluggish, was also rising.

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