It is this gambling agreement that puts South Beauty in an endless predicament. In 20 12 years, South Beauty's listing attempts failed many times, which eventually led to the split between CDH and it. The reason why South Beauty sold its equity to CVC is precisely because CDH executed the gambling agreement.
After that, the listing failed, the equity transfer, and the immigration storm. In recent years, Zhang Lan, the founder of South Beauty, who has the title of "Queen of China", seems to have stepped into a middle-aged predicament and was trapped in various unbearable situations.
20 15 On March 20th, another foreign media reported that South Beauty was involved in the arbitration case, and the Hong Kong court ordered the freezing of Zhang Lan's assets. When the news came out, everyone was in an uproar. CVC CAPITAL PARNERS, the largest private equity fund in Europe, applied to freeze the assets of Zhang Lan, the founder of South Beauty, a mainland catering group, and was approved by the Hong Kong High Court.
Although Zhang Lan himself responded to the media at that time: "I don't know about it" and said that he would look into it. But many people have seen that Zhang Lan is in danger. Until three months later, when the dust settled, Zhang Lan withdrew from the board of directors of South Beauty.
On that day, Weibo, the official of South Beauty, also wrote such a Weibo: There is only one thing in the world that no one can take away, and that is wisdom.
Enlightenment to entrepreneurs:
In the case of South Beauty, the founder lost control of the company step by step, which sounded the alarm for the founding shareholders. When financing, the founder should not be too optimistic about the development of the enterprise. First of all, he should consider whether his management can keep up in time, and he should not set unrealistic goals in order to obtain high-value financing. It is necessary to avoid capital gambling agreements as much as possible. Gambling agreement is an important tool for capital to safeguard its own rights and interests, and the critical moment will be a sword for the founding shareholders.