Chapter 12 First Company Acquisition

Pei Qian considered for a moment, then asked, "This is my first time acquiring a company. Are there any precautions I should take?"

Assistant Xin flipped through her notebook. "There are many risks. For example, companies like this often have problems with their registered capital. We need to check if there are any cases of false capital contributions or withdrawals."

"In addition, there are the company's assets, liabilities, owner's equity, etc., such as the depreciation of fixed assets, amortization of intangible assets, and the status of unrecoverable assets…"

"However, this company is also a small private enterprise. The boss is called Du Ruijie, and he and another partner hold all the shares. In reality, the company is mainly operated by Du Ruijie."

"I estimate that he's eager to get rid of it now, after all, the company has completely become a negative asset and is losing money every month. If we push the price down a bit, we should be able to acquire it for a few hundred thousand."

"If you're patient, you might be able to negotiate a lower price."

Pei Qian was taken aback. "That cheap?"

This disappointed Pei Qian a bit.

He thought it would sell for at least one or two million, but it could be acquired for a few hundred thousand?

Assistant Xin nodded. "Of course, President Pei. This company was originally funded by Du Ruijie and another partner, with a total investment of only one million. However, they were lucky, and the games they made more or less earned money, which is how they grew to their current size."

"Du Ruijie has already made a fortune. If he can sell this mess and earn a few hundred thousand more, he'll be ecstatic. How would he dare to raise the price?"

"If no one takes over, all the company's assets will probably be sold off cheaply. It's said that Du Ruijie even plans to let the employees take their office computers home to offset their wages."

Pei Qian was speechless.

"He's very imaginative!"

On the one hand, it saves him from selling a large number of office computers second-hand, and on the other hand, it solves the problem of unpaid wages. This President Du is truly a genius!

Pei Qian didn't plan to raise the price any further. On the one hand, such a forced price increase would be too fake. It would be too obvious and suspicious to raise an acquisition that could be done for a few hundred thousand to over a million.

On the other hand, Pei Qian now needed to concentrate funds to open more Fish-Touching Internet Cafes, and he didn't have that much liquid capital on hand.

So, the normal price would do.

Assistant Xin briefly mentioned other matters, such as checking shareholder changes, checking the company's income flow, collecting employee labor contracts, insurance, salary details, and finding a notary to notarize relevant documents…

Pei Qian didn't worry about these things.

Anyway, he was only responsible for spending money, and these minor details would naturally be handled by professionals.

Assistant Xin closed her notebook. "Those are pretty much all the precautions. President Pei, do you want to make a 'private visit'?"

Pei Qian was stunned. "A private visit to what?"

"If you've agreed with President Du on the acquisition, he'll definitely prepare meticulously when you go to inspect, which won't be conducive to seeing the real situation of Shang Yang Games," Assistant Xin explained. "Go there without revealing your identity, take a look at the employees' work status and the conditions of the office area. This will help us to lower the price at the negotiating table."

Pei Qian understood. This was the same as a surprise inspection by a higher-level leader.

If the other party knew in advance, they would definitely put on a lot of window dressing, and he wouldn't be able to see the real situation.

Pei Qian shook his head. "There's no need. It's just a little window dressing. Some things can't be disguised no matter how hard you try."

Seeing President Pei so confident, it seemed that he already had the company firmly in his grasp.

Assistant Xin didn't ask any more questions. "Then, President Pei, I'll contact them and arrange for you to meet with President Du."

Pei Qian nodded. "The sooner the better!"

…

The next morning.

Pei Qian arrived downstairs at Shang Yang Games.

Just as he opened the door of the Cayenne, a man who looked less than thirty years old and wore glasses immediately greeted him.

"Are you President Pei? Hello! I'm Wang Xiaobin, the chief planner of Shang Yang Games. President Du is waiting for you upstairs."

Wang Xiaobin was very enthusiastic.

But Pei Qian was a little surprised. "Isn't your chief planner Old Liu?"

Although he didn't know much about Shang Yang Games, he knew Old Liu, the chief planner, very well. He was an old acquaintance.

Pei Qian had met Old Liu once when he came to Tengda for an interview, and later he had heard Huang Sibo and Ma Yiqun mention him.

Later, after hearing about Old Liu's many deeds, Pei Qian often felt regret.

He really missed out on a talent during the interview!

If he had recruited Old Liu, he might have messed up the game long ago. Would he still have to work so hard to lose money?

Fortunately, it's never too late to mend the fold.

This time, Pei Qian came hoping to keep all the original members of Shang Yang Games, and Old Liu, as the chief planner, was obviously an indispensable member of this group.

But why wasn't it Old Liu who came to pick him up today, but an unfamiliar person?

Wang Xiaobin was a little embarrassed. "I didn't expect President Pei to know so much about our company. I'll explain this to you later. Please come inside first."

With suspicion, Pei Qian followed Wang Xiaobin into the office building and headed to Shang Yang Games on the second floor.

First, they passed through the office area.

The densely packed workstations made Pei Qian a little uncomfortable.

After getting used to Tengda's spacious workstation layout, seeing these crowded workstations made him feel cramped.

The overall environment was very good. The floor was clean, the desks were tidy, and the employees were sitting in front of their computers, typing on keyboards or using editors, and they all looked like they were working hard.

Pei Qian knew very well that this was obviously a state that had been disguised before the surprise inspection.

If you looked closely, you would find that most people were not working at all, they were just pretending.

After opening their documents, many people couldn't write a few words for a long time. They were just staring blankly, not knowing where their minds had wandered off to.

Pei Qian wouldn't expose them. He and Assistant Xin continued to walk inside with Wang Xiaobin and arrived at the office of Du Ruijie, the boss of Shang Yang Games.

Du Ruijie was already waiting at the office door.

This President Du looked less than forty years old, with sparse hair and a non-bloated figure, looking like a successful middle-aged man, and he looked quite shrewd.

"President Pei!"

"Welcome, welcome. I've long heard that President Pei is young and promising. After seeing you today, you really live up to your reputation."

Du Ruijie greeted him and welcomed Pei Qian and Assistant Xin into the office. Wang Xiaobin hurriedly went to make tea.

In theory, this should be the job of an assistant or administrator, but it was obvious that Shang Yang Games didn't have an administrative position at all, so these things could only be done by the employees.

In fact, this was the norm for most small game companies. After all, it cost money to hire an administrator, and the cost could be saved when the company's scale hadn't reached a certain level.

People like Pei Qian, who hired two beautiful receptionists before the game was even made, were not something that ordinary people could do.

Soon, Wang Xiaobin brought the tea.

Pei Qian glanced at it and thought that it shouldn't be any good tea, so he just took it, sipped it symbolically, and then put it down.

"Xiaobin, you sit down too. When President Pei asks about the game, you can answer," Du Ruijie instructed Wang Xiaobin to sit next to him.

Obviously, President Du was only responsible for collecting money and didn't know much about his own game.

He heard that President Pei was not only the boss, but also a very good designer, and he was afraid that President Pei would ask about something about the game that he didn't know, so he asked Wang Xiaobin to cover for him.

When Wang Xiaobin thought that the hope of the company's survival was pinned on him, he couldn't help but feel a little uneasy.