After waiting for about an hour, at 10:10 am, Qian Nan, with short hair and a black suit, walked into the conference room with two men.

"May I ask, are you Mr. Zhou?"

Qian Nan looked at Zhou Wenhai and said, she didn't expect the other party to be so young.

"Yes, Hello Mr. Qian, I am Zhou Wenhai of Five Star Group." Zhou Wenhai shook hands with Qian Nan, "This is Mr. Hong of Southwest Holdings Group." He introduced.

"Hello, Mr. Hong."

"Hello, Mr. Qian."

The two sides sat opposite each other and the negotiation officially began.

"Mr. Zhou, then I'll have something to say."

Qian Nan is about 35 years old and is not outstanding in appearance. It seems that she is a strong woman like Mr. Hong.

"Okay, Mr. Qian, please tell me."

Zhou Wenhai said with a smile.

"Mr. Zhou, we are here to talk to you today mainly to talk to you about a Douyin short video developed by your company."

Zhou Wenhai nodded and signaled the other party to continue talking.

Qian Nan also smiled at Zhou Wenhai, and she continued: "We have learned about your software. It is very similar to our company's philosophy. To be honest, our company has also been preparing to develop a short video app of the same type. After we accidentally saw the Douyin short video developed by your company, we felt that this is the product our company wants, but it was developed by your company first."

Can you not want it? This is your fucking product.

"Mr. Qian, thank you for your praise."

On the surface, Zhou Wenhai was amused by this in his heart.

"But Mr. Zhou, your company is a Chinese-Korean joint venture with foreign capital, so at this point, it may be detrimental to your future publicity and promotion."

I don’t know where Qian Nan got the news, but it seems that his Douyin short video cannot be released in China has already caused some news outside.

"Do you want to pay for money?"

"So Mr. Zhou, I was wondering, can we talk about your company's transfer of TikTok short videos to our company?"

Qian Nan's attitude is very gentle, not as arrogant as the previous person.

"Yes, Mr. Qian, don't know how much your company can bid?"

"How about $50 million?"

As soon as Qian Nan finished speaking, Zhou Wenhai, who was drinking tea, almost spit out a sip of water.

"Mr. Qian, aren't you kidding me? $50 million? Do I look like a beggar?"

"Then I will add another 30 million US dollars, totaling 80 million US dollars. Mr. Zhou, is this price not low, right?"

Qian Nan pretended to be reluctant to give up love.

"Mr. Qian, if you can only get this price at your level, please let Mr. Zhang talk to me."

Zhou Wenhai said with a disdainful smile.

"Mr. Zhou, according to your wishes, how much should we bid?"

Qian Nan asked tentatively.

"Mr. Qian, it's not that I'm asking for a price, but someone has already offered me a price."

"Mr. Zhou, which company has given you what price?"

When Qian Nan learned that someone had contacted Zhou Wenhai, he quickly asked.

"This company is well known in South Korea. It is tx Group. In our first round of negotiations, they invested 200 million US dollars, and they also promised us that the 200 million US dollars were only purchased 70% of TikTok's shares."

The people who reported Zhou Wenhai to the Ministry of Industry and Information Technology are also them. It is precisely because TX saw Tiktok's success overseas that they plan to win this short video app in China.

Zhou Wenhai's words made Qian Nan feel uncomfortable.

200 million US dollars, and it’s just buying 70% of the shares. Is this TX’s brain broken?

But isn’t tx relying on this to occupy the market?

Previously, ByteDance conducted an internal assessment of Douyin, and more than 90% of people believed that Douyin short videos had a bright future.

"Mr. Zhou, this price is probably us..."

"It doesn't matter, this is not our final price anyway. If Mr. Qian, if your company cannot agree to our conditions, then we will have to transfer the Douyin short video to tx."

Qian Nan fell into silence.

"Mr. Qian, I know that your company is also developing this type of short video, but please consider it. If I sell it to tx, I am afraid that even if you develop it, the market will be occupied by tx."

After saying this, Zhou Wenhai noticed that Qian Nan's face twitched. Obviously, this situation was the least they wanted to see.

"That Mr. Zhou, what is your bottom price?"

"350 million US dollars, plus 30% of the original shares of Douyin Short Video."

This is Zhou Wenhai, who is talking big at the lion.

"Mr. Zhou, can you ask me to call us Mr. Zhang for instructions?"

"Of course, please give me some advice."

Qian Nan took her two assistants outside.

"Mr. Zhou, you are really amazing."

Mr. Hong, who did not speak throughout the whole process, praised Zhou Wenhai's strategy.

"Mr. Hong, you've been too proud. Hey, in South Korea, I'm so tired of facing a big company like Samsung just for Lotte. I didn't expect that when I came to China, I would have to deal with abnormal companies like TX."

Zhou Wenhai told Mr. Hong about his discomfort.

After more than ten minutes, Qian Nan and the other two walked in again. She smiled apologetically at Zhou Wenhai and Mr. Hong.

"Mr. Zhou, can I take the liberty to ask a question?"

"Mr. Qian, please ask."

"If tx is the only one who negotiates with your company in the end and the other party does not accept your offer, then will you only let them slaughter?"

Qian Nan remembered that if no one bought Zhou Wenhai’s Douyin short video for US$350 million, he would be worthless. At that time, he would have to wait until his short video was successfully developed, and Zhou Wenhai would have lost his wife and his army.

Zhou Wenhai snorted softly, and he smiled and said, "Mr. Qian, I have considered what you said. I can re-establish a company with Mr. Hong and others. I will account for 40% of the shares. Mr. Hong arranged the management and technical personnel and our Five Star Group will never interfere. Is this OK?"

Qian Nan's smile just raised soon faded again. Doing so will only make others cheaper. No one can understand the later operational policy of Douyin short videos better than them. This is a big deal and they cannot lose it easily.

Neither TX nor Southwest Holdings Group should be underestimated.

"Okay, Mr. Zhou, I just asked us Mr. Zhang. I hope you can agree to the price I will say next, because this is also our final price, and we are here to talk to you with sincerity."

Qian Nan planned to finalize the matter with Zhou Wenhai today.

"Of course I hope that both of us can cooperate happily. Mr. Qian, please tell me."

"The price we offer is US$310 million, and we invested by us to acquire shares of Douyin Short Video Technology Co., Ltd., a subsidiary of Wuxing Group (Huaguo) Investment Co., Ltd. After the acquisition is completed, we will account for 70% of the shares of Douyin Short Video Technology Co., Ltd., and Mr. Zhou, your Wuxing Group (Huaguo) Investment Co., Ltd. account for 30%. Also, as you said, you shall not interfere in our operations in the future."

"This is less than I expected, but I can accept it. Mr. Qian, I have another requirement, and this requirement will not have any impact on you."

"Mr. Zhou, please tell me."

"I asked to add to the contract that all TikTok's business in South Korea will be represented by our Five Star Group."

"Mr. Zhou, I don't quite understand what you mean."

Qian Nan made a thought question.

"Mr. Qian, you can understand this way. If Korean companies want to expand their business in China through Douyin in the future, our Five Star Group must agree."
Chapter completed!