Mo Jinyu

Chapter 98: 80% of the Shares! [13th Update, Please Follow and Favorite]


"Hmm," Xu Tianzheng nodded at him, then turned to look at Mu Jinyu, and said with a light chuckle, "Doctor Mu, please take a look at the contract first, and after ensuring that there's no issue, you can sign."


"Hmm," Mu Jinyu took the contract from Xu Zhiming and scanned it carelessly a few times before impatiently putting it down, saying, "Bring me a pen, I'll just sign it now."


Reading it made his head hurt, and he didn't want to ponder whether there were any traps within the contract, eager only to sign quickly and wait to collect the money after.


"This..." Seeing that Mu Jinyu was about to sign after barely glancing at the contract, Xu Zhiming hesitated and said, "Doctor Mu, don't you want to look over it a bit more?"


"There's no need, I trust you," Mu Jinyu said offhandedly.


The members of the Xu Family in the room were deeply touched upon hearing this. They had not expected Doctor Mu to trust them so much, not at all afraid of them laying any traps in the contract. Once he signed, he would be risking his entire fortune.


Had Mu Jinyu known their thoughts, he probably would have died laughing.


His claim of trust was merely a casual remark, and not genuine trust. After all, which of their actions thus far was trustworthy?


His reasoning was, even if there were traps in the contract, it didn't matter; should they dare to play any tricks, he would make them understand what it meant to wish for death!


That was the real reason he couldn't be bothered to scrutinize the contract and wanted to sign it immediately.


——The absolute power that transcended wealth and power, controlling life and death!


Xu Tianzheng, after all, was old and astute. From Mu Jinyu's casual demeanor, he knew his actual attitude, which was not as trusting as he had claimed.


However, Xu Tianzheng didn't care about that. His goal was strictly to forge a closer relationship with Mu Jinyu.


"Hehe." Xu Tianzheng chuckled lightly, pretending not to notice this and feigned being touched, saying, "Doctor Mu, your trust in us is heartwarming, but we must separate personal faith from professional due diligence. Even though you trust us, it is our responsibility to explain the specific terms of the contract to you,"


As he spoke, he began to explain to Mu Jinyu, "The equity I am transferring to you is from a perfume and cosmetics company. While the company's current scale is not large, once the new cosmetics formula we have just acquired is successfully developed and marketed, the company's value is estimated to exceed ten billion yuan."


"You will own eighty percent of the shares, ten percent are held by my granddaughter Xu Qingya, and the remaining ten percent are scattered among other shareholders. With your dominant shareholding, none of them will be able to make things difficult for you. All you need to do is hire a professional manager, and you will be able to comfortably count your earnings every year."


"..."


Xu Tianzheng's subsequent words were all about how good the company was, assuring him that there were no traps in the contract, and even if the company encountered unexpected losses or faced closure, the contract specifically stated that Xu Tianzheng would spend one billion yuan to buy back the company...


"How about it, Doctor Mu? The contract is almost entirely in your favor, I absolutely haven't tampered with it. You can take another close look and then sign. Later on, even if you don't want to manage the company or hire someone, you could have my granddaughter Qingya manage it for you, letting her report the company's affairs to you..."


Xu Tianzheng spoke with a beaming smile.


At this moment, Xu Qingya, who had just returned from disposing of dirty water, was somewhat astonished.


What's going on? Why suddenly give her ten percent of the shares?!


After listening to Xu Tianzheng, Mu Jinyu, learning that he held the majority of the equity and that the person in the Xu Family with shares was not anyone else but the only one he somewhat favored, Xu Qingya, felt much more at ease.


When he learned that if the company showed losses or went bankrupt, he could opt out of owning it and transfer it to Xu Tianzheng at any time for ten billion, he was even more tempted.


In this way, he exchanged one billion for an eighty percent shareholding in this perfumery and cosmetics company, with absolutely no risk involved. If the company's cosmetics research succeeded and made money, he too would earn a colossal profit; even if the company didn't make money and he drove it into bankruptcy, he could still sell it to Xu Tianzheng for ten billion, making a tenfold profit on the flip.


There simply wasn't a better or more generous contract than this.


Mu Jinyu felt a great sense of contentment. Turning his head to look at Xu Qingya, he saw her astonished expression. With a slight ponder, he realized she wasn't aware of Xu Tianzheng's decisions beforehand about the ten percent shares.


Although he clearly knew that Xu Tianzheng was trying to please him, Mu Jinyu couldn't help but admire the cunning strategy of the old fox, which had hit several of his weak spots in a row.


In the future, if he became ill again and wanted Mu Jinyu's help, he would probably feel too embarrassed to refuse. Googlᴇ search N()


Nodding slightly, Mu Jinyu said with a satisfied smile, "Your sincerity is sufficient, I truly have no reason not to sign. But I believe, this move of yours will absolutely not make you regret it."


After speaking, he picked up a pen, found the pages Xu Tianzheng had earlier reminded him needed his signature, and swiftly signed his name.


Xu Zhiming stood nearby, his expression slightly unusual.


An eighty percent shareholding in this perfumery and cosmetics company was something not to be bought with just one billion. When the Xu Family had acquired it, they had spent close to ten billion for a ninety percent shareholding to ensure absolute control.


Additionally, they had later spent a fortune to acquire a new cosmetics formula that significantly enhanced skin texture, smoothness, and fairness. One could say that now, the shareholding in that cosmetics company was so valuable that even forty percent could sell for twenty billion with plenty of eager buyers, not to mention eighty percent.


Yet now, Xu Tianzheng was willing to trade this eighty percent shareholding for the mere one billion that Mu Jinyu offered. How could it not look like a huge loss?!


And some time ago, if Xu Zhiming remembered correctly, Xu Tianzheng was preparing to let his favorite granddaughter Xu Xiaojiao go to that company to shine and had even given her ten percent of the shares.


The aim was to have her garner experience there and then transition back to Xu Group, better prepared to take over the role of Vice President.


But now, of the ninety percent shares held by the Xu Family, eighty percent had been given to Mu Jinyu, and ten percent to Xu Qingya. What about the shares promised to Xu Xiaojiao?


Clearly, they had been given to Xu Qingya, who had better relations with Mu Jinyu.


The original plan for Xu Xiaojiao to go and gain experience had failed.


Xu Tianzheng did so much, all for the sake of establishing a connection with Mu Jinyu.


Xu Zhiming didn't know if it was worth it, but since the old man had made the decision and Mu Jinyu had signed, there was nothing he could do to interfere.


However, he wondered if Xu Xiaojiao, who had been deeply invested in that cosmetics formula recently, would be able to accept this harsh reality.


Xu Zhiming turned his head with concern to look at his niece.


Xu Xiaojiao, though silent, had a complexion that was frighteningly grim.


It was like the calm before a storm.