After a moment of silence, Zhang Xupeng hung up the phone directly, no longer wanting to listen to Tan Jincheng gloat.
The slightly melancholic mood he had from the "separation" also dissipated.
"Forget it, forget it. This guy and I are not on the same page anymore. I'll just honestly make money,"
Zhang Xupeng said with a wry smile.
Brother Chun, who was signed through a bargain during the top 10 competition, cost several million yuan in signing fees and promotional expenses.
For a super popular star like Liu Yifei, there was absolutely no possibility of getting a bargain; the signing fee would probably start in the tens of millions.
Zhang Xupeng realized that Tan Jincheng's understanding of doing business was different from his own.
He himself was thinking about how much money to make, making a lot of money, and then enjoying life.
Tan Jincheng clearly didn't think that way; he seemed to focus more on his career, and the money in his hands was always spent very quickly.
Indeed, if he truly wanted to make money, he wouldn't need to open a factory.
He was already doing well in clothing exports and electronics exports, and it was exceptionally easy.
The children's clothing segment was also something he had guided, and he could do it just as well if he took it over.
But opening a factory was different.
It was hard work, required significant investment, and its money-making ability might even be inferior to export business.
Alright then, with different philosophies, an early "separation" didn't seem like a bad thing; it avoided true estrangement later on.
On Tan Jincheng's side, after Zhang Xupeng hung up, he didn't hesitate.
He immediately called the law firm he had always cooperated with, asking them to draft an equity transfer contract as soon as possible and informing them of the relevant requirements.
Tan Jincheng would transfer 27% of the 57% shares of Jinpeng Trade under his name to Zhang Xupeng, with a transfer amount of 95,000 yuan, plus 53 million yuan from Jinpeng Trade's annual dividend income.
Additionally, before January 31, 2006, Mr. Zhang Xupeng would provide Mr. Tan Jincheng a secondary compensation ranging from 10 million to 20 million yuan based on the company's turnover.
Mr. Zhang Xupeng would not participate in the company's current annual dividend.
After the completion of the share transfer, the legal representative of Jinpeng Trade would change from Mr. Tan Jincheng to Mr. Zhang Xupeng.
The 53 million yuan included the 50 million yuan actually discussed with Zhang Xupeng and the 3 million yuan short-term loan that Jinpeng Trade bridged to Shanchi Auto.
The 95,000 yuan represented the interest on the bridge loan and the 80,000 yuan debt Tan Jincheng owed Zhang Xupeng from a previous house purchase.
As for the amount of the secondary compensation, Tan Jincheng contacted Zhang Xupeng again, and it was agreed upon based on calculations of the fourth-quarter turnover.
The specific amount was up to Zhang Xupeng.
Originally, Zhang Xupeng wanted Tan Jincheng to directly fill in 20 million yuan, but there were too many variables, and if the fourth-quarter turnover changed, it would be difficult to say.
So, this figure was ultimately written.
Tan Jincheng could receive a maximum of 73.095 million yuan from Jinpeng Trade, equivalent to Jinpeng Trade's one-year income this year.
Besides acquiring a company, Zhang Xupeng had almost no other gains this year.
To some extent, it was fair to Tan Jincheng and very generous; of course, Zhang Xupeng didn't lose out either.
Becoming the legal representative and controlling a well-operated trading company, assuming the economic environment remained stable, he could earn profits exceeding this figure in the coming year.
Calculated by this year's profit, the dividends from these 27% shares would amount to over 20 million yuan.
As long as the company maintained stable operations for three to five years, it would be almost like a free gift.
As for why the transfer fees were so complicated, it was nothing more than tax avoidance.
Both parties in a share transfer have to pay stamp duty.
Furthermore, this was a transfer between individuals, and a 20% individual income tax applied to Tan Jincheng.
The sum of these taxes was not a small amount.
Moreover, the cash on Jinpeng Trade's books was not owned by Zhang Xupeng, and Zhang Xupeng currently couldn't produce 50 million yuan in cash.
If the amount was simply and roughly stated as 50 million yuan, Zhang Xupeng would have to borrow cash from Jinpeng Trade, which would involve terms concerning large shareholders occupying company funds.
Given this, it was better to first use the dividends and then transfer.
Now that the company had been established for one year, the income tax on dividends had changed, requiring only 10%.
Additionally, writing a smaller amount for stamp duty would result in less tax paid.
Legitimate tax avoidance was not a problem.
Tan Jincheng didn't care about a small amount of money, but an extra few million yuan in taxes would be heartbreaking at a time when he was short on cash.
Wouldn't it be better to use those several million yuan to buy QQ shares?
In fact, there was another way: to establish a subsidiary under the name of Jinpeng Trade, with Tan Jincheng exchanging 50% of Jinpeng Trade's equity for 100% controlling interest in the subsidiary, which would also reduce many costs.
The reasons for not doing this were, firstly, to avoid future equity disputes, and secondly, Tan Jincheng did not intend to inject all 50 million yuan into Shanchi Auto.
Regardless, as the boss, he always needed some money in hand.
After deducting 10% income tax from the 50 million yuan, there was 45 million yuan left.
Tan Jincheng planned to inject 35 million yuan into Shanchi, plus the 3 million yuan debt.
The remaining 10 million yuan would be used to meet daily living expenses, in addition to buying QQ and Maotai stocks.
Many reasons cited by major shareholders for reducing their holdings in A-shares are to improve their living standards.
Boss Tan also needed to improve his living standards.
If a new company were to be established, and all 50 million yuan went into the new company, spending money would become much more troublesome.
Buying stocks would also be considered company investment, and involving financial investment would be even more complicated.
At this point, Tan Jincheng had no plans to establish an investment company.
After contacting the lawyers, discussing tax issues with the finance department, and confirming details with both parties, adding contract details took a few more days.
Finally, the transfer contract was officially drafted, and then Tan Jincheng waited a few more days.
This wait lasted until October 14th.
This year's Autumn Canton Fair was officially starting tomorrow, and Jinpeng Trade had also officially passed its first anniversary.
All legal uncertainties had been resolved, and finally, the contract could be signed.
During this week-plus period, Shanchi Auto's factory brand had been officially renamed Shanchi Technology, and its trademark brands had also completed the change procedures.
The construction of the new factory area was also proceeding in full swing.
Additionally, contact had been made with Liu Yifei's side, but no specific reply had been given yet.
That's usually how it is with big-name stars.
It was rumored that her mother was difficult to deal with, and any commercial activity required her mother's approval.
Tan Jincheng had learned all of this from some entertainment gossip novels and news articles, and he wasn't sure if it was true or false.
However, it was fortunate that Shanchi had previously hired Brother Chun, and TV commercials had also aired on Mango TV, Anhui TV, and Henan TV, the three major provincial satellite TV platforms.
They were no longer unknown.
Tan Jincheng felt that under suitable pricing, it wouldn't be a big problem.
The endorsement invitation submitted this time carried much more prestige than before: two factory areas covering over 4,000 square meters, a company registered capital of 20 million yuan, and a production plan with an annual output value exceeding 500 million yuan.
This was no ordinary, miscellaneous enterprise.
——
"I'm flying to Yangcheng tomorrow. Are you coming with me?"
On Friday afternoon, Tan Jincheng went to Yongcheng University to have dinner with Gu Qingqing.
Today, it was just the two of them, their first meeting since National Day.
After the 5th, Gu Qingqing, considering the hours of hard driving back and forth, didn't ask Tan Jincheng to pick them up.
She managed to get four seated tickets from a scalper and made the troublesome journey back to school.
"Aren't you very busy? Why are you going to Yangcheng again?"
Gu Qingqing asked, startled.
After several nights during National Day, their relationship had become much more intimate.
It had been nearly ten days since she last saw her lover, and now they were to be separated again.
Gu Qingqing's face was full of reluctance.
"I'm going to sign a contract with Zhang Xupeng. I don't have the energy to manage Jinpeng Trade anymore, so I'm preparing to transfer the shares to him."
"Oh, I see."
"How about it? Do you want to come with me? The Canton Fair starts tomorrow, and you can also experience it,"
Tan Jincheng said, blinking.
Gu Qingqing pouted in annoyance,
"Didn't you already buy the tickets? You're telling me now? It's too late!"
"Haha, you can't blame me for this. That kid Zhang Xuhui was thoughtless; he bought the tickets and didn't ask me beforehand. But I can change the tickets, I'll have him buy new ones."
"Come and see it. It starts tomorrow, and there will be many foreigners. You're from the School of Foreign Languages after all, so there's no harm in experiencing the Canton Fair. Jinyi Industrial also has an exhibition there, maybe they can even use your help."
Gu Qingqing was somewhat tempted:
"How many days will we stay? It can't be too long, I'll need to ask for leave."
"Just take a few days off. Your studies aren't bad, what's wrong with taking a few days off? We'll be back in about four or five days at most. I still have things to do, and I also need to contact Liu Yifei's agent about the contract. If she doesn't respond soon, I'll just go straight to Hengdian."
Counting the weekend, four or five days would mean taking about three days off, which wouldn't greatly affect her studies.
Gu Qingqing calculated this while glancing at Tan Jincheng.
Seeing Tan Jincheng's eyes darting around, Gu Qingqing suddenly remembered something and blushed,
"Are you thinking about doing something bad again?"
"How could I be thinking about anything bad?"
Tan Jincheng cried injustice.
"Hmph, I think you are thinking about bad things, otherwise why would you be so eager?"
"Well, do you want to go to the Canton Fair? It's the largest trade exhibition in China! And you've never been to Yangcheng, right? It would be nice to go and have some fun. If time permits, we could even go to Xiangjiang."
Gu Qingqing looked noncommittal, secretly disbelieving Tan Jincheng's excuse.
However, she did want to go.
She had originally thought they would have a nice weekend together, but unexpectedly, there was a business trip.
This was very difficult for a girl who had just had her first taste of intimacy.
As for doing something bad? She couldn't worry about that anymore.
"Then I'll ask my counselor for leave."
"Okay, I'll have Zhang Xuhui book your ticket. Give me your ID number."
Gu Qingqing blushed and said,
"We can go together, but you have to promise me one thing."
"Hmm? Tell me, what do you want me to promise?"
Hesitantly, Gu Qingqing gathered her courage and whispered into Tan Jincheng's ear,
"I don't want my first time to be in a hotel."
Tan Jincheng's eyes flickered, and he lightly raised an eyebrow, unable to suppress the joy in his heart.
(End of Chapter)