Reinventing the Millennium.

Chapter 640: The Ice Core Can't Be Without Fang Zhuo
Goldman Sachs, DCM, Deutsche Bank, IDG.

Xu Kaiwei, Connor, Zhang Hongli, Xiong Xiaoge.

The four major venture capitalists gathered together again, and the location was chosen in the conference room of IDG.

Xiong Xiaoge vaguely remembered the scene of the last meeting, but he didn't expect to meet these people this time because of Mr. Fang's affairs. Considering the role he assumed this time, he felt a heavy pressure.

The gathering of Ice Core’s institutional shareholders was led by Zhang Hongli. According to him, there have been major changes in Ice Core. Shareholders must express their attitudes in unison and protect their own interests from being damaged.

In particular, he was facing someone like Fang Zhuo who most likely would not care about the interests of shareholders.

"Zhang Rujing Zhang's original words are that Fang Zhuo is open to his equity."

"Bing Xin issued another invitation to fulfill the gambling agreement in advance, which is most likely Fang Zhuo's attempt to gag our money."

"Considering the current good condition of Ice Core and various factors surrounding it, I think that Ice Core will almost certainly be pushed to the market within the foreseeable time, so as to raise funds to support its continued development."

"Under this prospect, the value of our shares is clearly not equal to the value of the VAM agreement."

Zhang Hongli succinctly stated that he believed that the people here would not be running for the profit of this kind of gambling agreement. At the beginning, they were willing to invest in Bingxin because of its broader prospects. This agreement was only made because of the matter between SMIC and Taiji. Lower limit patch.

If you can get the upper limit, who will look at the lower limit?
He glanced at the president who was silently listening to him, and knew that they were all clear about the situation, even if it was vague when the incident happened suddenly, after two days of understanding, they would definitely understand.

Zhang Hongli continued: "Let me talk about my attitude first, I will definitely not implement it, and also talk about my considerations, if Fang Zhuo wants to use SMIC to try to take back the shares of Deutsche Bank, then he will definitely take not."

"However, if he doesn't think so, he really wants to quit the ice core..."

Zhang Hongli frowned and said, "This situation is worth discussing."

What's happening here?
Xu Kaiwei said it bluntly: "Fang Zhuo withdrew from Bing Xin, then, can Bing Xin lose Fang Zhuo?"

No one in the meeting room made a sound immediately, thinking about this question quietly.

Can Bingxin lose its founder?

"If SMIC takes over Ice Core, what will happen? Will Zhang Rujing support Ice Core to continue to go public?" Xu Kaiwei said, "Zhang Rujing is likely to be based on SMIC. Even if he supports Ice Core, the strength It's also debatable."

He paused, and then said: "Besides, if SMIC wants to completely annex Ice Core, he wants our shares, and the valuation will be hard to say at that time."

In other words, it is difficult to predict the situation of Ice Core being taken over by SMIC. The scale and level of SMIC are definitely better than Ice Core, but this may not be a good thing.

Connor also spoke out, and said a more worrying direction: "If Fang Zhuo wants to leave, Bingxin will definitely find a seller. The seller is SMIC, which is not bad. How about Luzhou State Investment?"

"Luzhou State Investment has a 14.4% stake, and it is already the second largest shareholder."

"If you get Fang Zhuo's 28.8%..."

"Everyone, I have to remind you that if a shareholder like Luzhou State Investment with local administrative background suddenly becomes the largest shareholder of Bingxin, it will be almost impossible for it to go public."

Connor said solemnly: "Ice core technology introduction and equipment procurement licenses are not once and for all, and they don't have to wait until the expiration of 08. During this period, they have to face the scrutiny of the United States from time to time. I don't think that under the leadership of Luzhou State Investment The ice core can continue its progress smoothly."

Zhang Hongli was taken aback. He really ignored this point, mainly because he had been guessing Fang Zhuo's real intentions these days, and was also designing the alliance of the four institutions, without considering the existence of the existing second largest shareholder.

It must be admitted that what Connor said is very likely to happen.

So far, only China Core and Ice Core can smoothly purchase relevant advanced equipment in the Mainland.

Once the largest shareholder is changed to state-owned assets...

Zhang Hongli frowned deeply. If Luzhou State Investment had no money, any other state-owned company would face the same risk of censorship.

This year, SMIC has to compensate Taiji, and the funds are not abundant.

Looking at it this way, if Fang Zhuo has the heart to wash dishes, it's still good!
In case, he really wants to consider the price factor, regardless of Sanqi 21, take advantage of the benefits that everyone can see, such as the ice core has just been mass-produced, may have orders from the TV industry, and has a team of engineers headed by Hu Zhengming, and seeks a high price. shot...

Fang Zhuo didn't look like someone who couldn't do such a thing!
"Bingxin was able to find Hu Zhengming, I am afraid that Fang Zhuo made a lot of effort, and some of the above preferential policies were run down by him, including Hu Zheng, the vice president of marketing recorded by the front desk, and he was the one who landed the project in Luzhou. Work hard from it." Xiong Xiaoge also reminded, "No matter who Fang Zhuo sells the ice core to, SMIC or Luzhou, I am not optimistic about 'Fang Zhuo's ice core'."

Xu Kaiwei smiled: "What the hell, it's going to rain, my mother is going to get married, and Fang always wants to sell the company, can I stop it? According to you, it's better to take the money and leave now."

Zhang Hongli shook his head: "It's just a possibility, aren't we just dealing with risks?"

Xu Kaiwei said: "After all, the best direction now is to keep everything unchanged? Fang Zhuo will not sell the shares, and Bingxin will continue to develop. The problem is, it does not depend on us."

Zhang Hongli didn't answer this question, but looked at Xiong Xiaoge: "Boss Xiong, what do you think?"

"I think Mr. Xu is right." Xiong Xiaoge said seriously, "I called Fang Zhuo suddenly, but I couldn't tell if he told me the truth. He said he wouldn't leave me. , I can't believe it."

Connor emphasized: "More communication can solve the problem. Now, can we first establish a consensus that the ice core should not be sold by Fang Zhuo?"

Although Zhang Hongli was very annoyed by the uncertainty created by Fang Zhuo, he acknowledged his importance to the ice core, and further said: "Ice core cannot live without Fang Zhuo, just like the West cannot live without Jerusalem."

Seeing this, Xu Kaiwei echoed: "If you want to fight the battle of Josephgrad, you must have Joseph first. To be honest, Fang Zhuofang is always around in the Bingxin stall. This is an important investment that Goldman Sachs was willing to invest in before." factor."

Xiong Xiaoge didn't speak, but nodded silently. Everyone recognized Mr. Fang's ability, and this consensus...is quite logical.

"Mr. Xiong, you are the most familiar with Mr. Fang, and I, Deutsche Bank, will not implement it." Zhang Hongli looked at Xu Kaiwei and Connor, and got the nod from the latter, "The same is true for Goldman Sachs and DCM. Where is your IDG?"

Xiong Xiaoge hesitated for a moment: "If Mr. Fang is still in the ice core, IDG will not execute it."

"Let's temporarily reach a consensus and confirm an attitude. The four of us are unwilling to implement the gambling agreement." Zhang Hongli stroked, "On this basis, Mr. Xiong, you and Mr. Fang have a good relationship, so it is necessary to take this Communicate with him with an attitude so that both he and Bing Xin can get back on track."

(End of this chapter)