Back to 1988
Chapter 867
Chapter 867
Lu Feng's conditions are very good, and he gave up a five-year contract. For them, if Jiafeng Electronics' sales channels stabilize, they don't need to invest too much money in China's sales channels for the time being.
In this way, they invested a little more in the Ruixin Lab, and they would have the means to manipulate Lu Feng. Dix thought for a while, and decided to communicate with the board of directors. This is not a bad thing.
Dix got up and went back to the house to make a phone call. This should be over.
At around eight o'clock in the morning, Lu Feng woke up with a much better complexion, took a quick bite of breakfast, went out and knocked on the door of An Jiahui's room.
When the door opened, An Jiahui was stunned when she saw Lu Feng, and said, "Boss Lu, when did you come back?"
"I'm just going to cooperate, and I'm not going to jail, so hurry up and pack up, and go to Merrill Lynch to invest at [-]:[-]." Lu Feng ordered: "Notify other people, and prepare relevant materials."
"Oh! Good!" An Jiahui said hastily.
An hour later, the three of them gathered for a simple meeting, then went downstairs and drove straight to Wall Street.
Compared with the cold bench at Goldman Sachs last time, this time it was much more grand. Three account managers stood downstairs and waited. When the car stopped at the door, a group of security guards and account managers surrounded them. Thinking that some important person was coming, they all stopped to watch.
The car door opened, and Lu Feng's shiny leather shoes stepped out first. Then he was dressed in a dark suit and his hair was combed meticulously. He stood at the door and looked at the Goldman Sachs Group not far away, with a smile on his face.
"Mr. Lu, please come inside!" The white account manager made a gesture of invitation.
Lu Feng led Wang Yuanhe and the three of them towards the inside in strides, and went directly to the VIP room. It was not Chris who was interviewed, but a vice president in charge of investment. The meeting was very polite.
"We have a little understanding of some of your company's situation, but it is not comprehensive. I hope you can provide some information, as well as your future development direction. Where is the growth point?" The other party said politely.
Lu Feng would like to introduce the company, focusing on the international market and the electrical appliance market. The funds for this round of financing will be spent on these two areas, especially the electrical appliance store, which currently does not exist in China. It will set a precedent. The target is Electric City of the United States.
The other party nodded straightly, but he didn't seem very excited. The meeting today was entirely because of the explanation from the superior. I heard that Lu Feng has a big backer in the United States.
Hong Kong, at this moment the night has just fallen. In the meeting room of Sun Hung Kai, the board meeting was held. Feng Zhiyao attended the meeting in place of Mr. Feng, and Zhenkun presided over the meeting as the secretary of the board.
There is a folder in front of everyone, which is about the risk report of investing in Jiafeng Electronics. This report is a report made by the risk control department after Zhenkun came back.
Everyone looked through it, and it just means that Jiafeng Electronics will be suppressed, and the period of crazy expansion is over. If Goldman Sachs takes the initiative to clean up and buy shares, then Lu Feng will have no bargaining room at all, and may be eaten directly. Lose.
At that time, Sun Hung Kai will face a direct conflict with Goldman Sachs Group, so this risk report concludes that if Goldman Sachs starts the initial acquisition, it can sell its equity.
You can also negotiate with Lu Feng, first to preserve the assets as much as possible, and let Jiafeng Electronics use the funds to repurchase the shares. The worst result is that Goldman Sachs will completely crush and annex the market of Jiafeng Electronics and acquire them at an ultra-low valuation. , causing Sun Hung Kai's investment to be in vain, they will sue Lu Feng, and according to the terms of the contract, they can ask him to return the entire investment amount.
"I object!" Feng Zhiyao closed the folder without even looking at it.
"Mr. Feng, you are representing your father now. I still want to think about it carefully and focus on the interests of the company." Zhenkun turned his head and looked at Feng Zhiyao.
"Then let me tell you what I think. Our investment in Jiafeng Electronics is only a few hundred million. However, after investing in Jiafeng, the business of this company has expanded extremely rapidly, especially in the three areas of TV, VCD, and pager. There is already a trend of being a leader in the industry in China, but now it is just a little bit difficult when seeking overseas funds, such things should not be done, it hurts people's hearts!" Feng Zhiyao said in a deep voice.
A man in his sixties raised his head slightly. It was the first time he heard the word 'heart-breaking' in the board of directors. He smiled and said, "Zhiyao, don't say hurtful words in the future. We It’s just a precautionary measure. Brothers and sisters should settle accounts clearly and prevent investment risks. This is what every company will do. This is just a simple board meeting.”
When Feng Zhiyao saw that Uncle Li had spoken, he didn't say anything more. Uncle Li is the second largest shareholder of Sun Hung Kai. He usually doesn't express his opinion, but once he speaks, even Mr. Feng has to think about it seriously.
"However, as long as there is some truth, we can talk about it here. There is no need to make a fuss. The last pager crisis, you rushed over, didn't you suffer from being dumb?" Mr. Li looked around and said: "Boss Mr. Feng is sick now, and Zhiyao has to take on a big responsibility. Everyone, it may not be a mistake to listen to young people more. Today's meeting may really hurt people's hearts, so everyone should take these materials back and read."
"it is good!"
Everyone packed up their things and got up one after another, said goodbye to Feng Zhiyao and Zhenkun, and walked away in less than two minutes.
Zhenkun sat there trembling with anger, looked at Feng Zhiyao about to say something, sighed, stood up and left.
"What did I do wrong??" Feng Zhiyao shouted towards Zhenkun who was walking to the door.
Zhenkun turned his head, closed the door, looked at Feng Zhiyao and said, "I don't blame you, you have been the treasure of Feng's family since you were a child, you want the moon and not the stars, Zhiyao, grow up quickly, this world is so real. It's not what you see."
Zhenkun opened the door and left. Feng Zhiyao sat there feeling aggrieved, with tears in his eyes. He had been working hard for so long, but he always felt that his hard work was like punching cotton, and he couldn't let everyone People are satisfied.
"What's wrong with me? I'm doing pretty well, why don't I just say a word, can't even say a word?"
Lu Feng had a good chat with the investors of Merrill Lynch, but the other party still felt that the valuation was too high, and he was not optimistic about the domestic market. Compared with other giants in the world, Jiafeng Electronics had no technological advantage.
At noon, the two parties went out for a meal, ordered two bottles of red wine, and exchanged glasses on the table. Lu Feng looked at the people across from him and said to the investor named Enli: "Actually, the valuation is too high. I also understand that it is natural for us to raise funds at such a high valuation.”
"Reason?" Enli felt that he smelled something different, and asked, "What's the reason, please explain."
"Actually, it's the same as investing in stocks. Our plan is highly executable. I understand Wall Street's financing rules. The giants are here, and the dwarves are going out. But I'm not investing in Merrill Lynch, I'm investing in other companies, understand?" Lu Feng spoke with words.
Enli has also been on Wall Street for more than ten years. He has never seen any routines before, so he understood instantly. With a smile on his face, he held up his glass and said, "I would like to help Mr. Lu. I have completed the task assigned to me by my superiors." gone."
"How to do it, do you know what to do?" Lu Feng touched his cup and asked.
"There are a lot!" Enli leaned forward and whispered in Lu Feng's ear: "It's the same as the stock market. We rate and set prices to induce retail investors to rush in. Don't you just want a recognition? As long as you don't pay , We recognize your valuation, and our willingness to invest is very strong."
"It's comfortable to chat with you elites." Lu Feng raised his glass and said, "Everyone cheers!"
Although the three of Wang Yuanhe were confused, they were also very happy to see Mr. Lu so happy. They have been here for so long, bumping around like a headless chicken. They haven't been this happy for a long time.
After lunch, Enli was going back to make arrangements, and Lu Feng said goodbye to each other without saying anything.
Back at the hotel, Lu Feng was in a good mood, and arranged for Wang Yuanhe and several people to contact the country, asking how the registered associations and companies were hiding, and how many people had entered now.
It was a rare moment of leisure in the afternoon, Lu Feng sat in the coffee shop drinking coffee, slowly wondering if there would be anything unexpected about this matter.
Elmi walked in. She went back to the room and slept. She just woke up to take a shower and wanted to have a cup of coffee. She didn't expect to see Lu Feng as soon as she entered the door.
The four eyes met, quite awkward.
"Hi!" Lu Feng waved to her with a smile on his face.
"vomit!"
Elmi was still a little retching, but she walked over and said: "The board of directors has passed it. You have to call at dawn in China to restore everything to us."
"Okay! When will the contract be signed?" Lu Feng asked her.
"Anytime is fine, but the headquarters needs to formulate a corresponding contract. There will definitely be no problem within one month. Don't worry, if the contract cannot be signed after one month, you will have to deduct it. Anyway, it's all in your hands." Elmi Shen Sheng said.
"Yes, I believe in your sincerity. What would you like to drink? Tell the waiter to come over." Lu Feng said politely, "I'm treating you!"
"I see you can't drink anything." Elmi stood up and walked towards the bar, ordered twice the coffee and some desserts, and asked them to deliver them to the room.
In the evening, Lu Feng first called Wei Yandan to inquire about the company's recent situation, and then asked her to withdraw the seizure of Nokia, but the warehouse must be managed by our people, and no more goods are allowed to be moved out except for the goods on the showcase , to prevent the goods from being quietly transferred out within a month.
(End of this chapter)
Lu Feng's conditions are very good, and he gave up a five-year contract. For them, if Jiafeng Electronics' sales channels stabilize, they don't need to invest too much money in China's sales channels for the time being.
In this way, they invested a little more in the Ruixin Lab, and they would have the means to manipulate Lu Feng. Dix thought for a while, and decided to communicate with the board of directors. This is not a bad thing.
Dix got up and went back to the house to make a phone call. This should be over.
At around eight o'clock in the morning, Lu Feng woke up with a much better complexion, took a quick bite of breakfast, went out and knocked on the door of An Jiahui's room.
When the door opened, An Jiahui was stunned when she saw Lu Feng, and said, "Boss Lu, when did you come back?"
"I'm just going to cooperate, and I'm not going to jail, so hurry up and pack up, and go to Merrill Lynch to invest at [-]:[-]." Lu Feng ordered: "Notify other people, and prepare relevant materials."
"Oh! Good!" An Jiahui said hastily.
An hour later, the three of them gathered for a simple meeting, then went downstairs and drove straight to Wall Street.
Compared with the cold bench at Goldman Sachs last time, this time it was much more grand. Three account managers stood downstairs and waited. When the car stopped at the door, a group of security guards and account managers surrounded them. Thinking that some important person was coming, they all stopped to watch.
The car door opened, and Lu Feng's shiny leather shoes stepped out first. Then he was dressed in a dark suit and his hair was combed meticulously. He stood at the door and looked at the Goldman Sachs Group not far away, with a smile on his face.
"Mr. Lu, please come inside!" The white account manager made a gesture of invitation.
Lu Feng led Wang Yuanhe and the three of them towards the inside in strides, and went directly to the VIP room. It was not Chris who was interviewed, but a vice president in charge of investment. The meeting was very polite.
"We have a little understanding of some of your company's situation, but it is not comprehensive. I hope you can provide some information, as well as your future development direction. Where is the growth point?" The other party said politely.
Lu Feng would like to introduce the company, focusing on the international market and the electrical appliance market. The funds for this round of financing will be spent on these two areas, especially the electrical appliance store, which currently does not exist in China. It will set a precedent. The target is Electric City of the United States.
The other party nodded straightly, but he didn't seem very excited. The meeting today was entirely because of the explanation from the superior. I heard that Lu Feng has a big backer in the United States.
Hong Kong, at this moment the night has just fallen. In the meeting room of Sun Hung Kai, the board meeting was held. Feng Zhiyao attended the meeting in place of Mr. Feng, and Zhenkun presided over the meeting as the secretary of the board.
There is a folder in front of everyone, which is about the risk report of investing in Jiafeng Electronics. This report is a report made by the risk control department after Zhenkun came back.
Everyone looked through it, and it just means that Jiafeng Electronics will be suppressed, and the period of crazy expansion is over. If Goldman Sachs takes the initiative to clean up and buy shares, then Lu Feng will have no bargaining room at all, and may be eaten directly. Lose.
At that time, Sun Hung Kai will face a direct conflict with Goldman Sachs Group, so this risk report concludes that if Goldman Sachs starts the initial acquisition, it can sell its equity.
You can also negotiate with Lu Feng, first to preserve the assets as much as possible, and let Jiafeng Electronics use the funds to repurchase the shares. The worst result is that Goldman Sachs will completely crush and annex the market of Jiafeng Electronics and acquire them at an ultra-low valuation. , causing Sun Hung Kai's investment to be in vain, they will sue Lu Feng, and according to the terms of the contract, they can ask him to return the entire investment amount.
"I object!" Feng Zhiyao closed the folder without even looking at it.
"Mr. Feng, you are representing your father now. I still want to think about it carefully and focus on the interests of the company." Zhenkun turned his head and looked at Feng Zhiyao.
"Then let me tell you what I think. Our investment in Jiafeng Electronics is only a few hundred million. However, after investing in Jiafeng, the business of this company has expanded extremely rapidly, especially in the three areas of TV, VCD, and pager. There is already a trend of being a leader in the industry in China, but now it is just a little bit difficult when seeking overseas funds, such things should not be done, it hurts people's hearts!" Feng Zhiyao said in a deep voice.
A man in his sixties raised his head slightly. It was the first time he heard the word 'heart-breaking' in the board of directors. He smiled and said, "Zhiyao, don't say hurtful words in the future. We It’s just a precautionary measure. Brothers and sisters should settle accounts clearly and prevent investment risks. This is what every company will do. This is just a simple board meeting.”
When Feng Zhiyao saw that Uncle Li had spoken, he didn't say anything more. Uncle Li is the second largest shareholder of Sun Hung Kai. He usually doesn't express his opinion, but once he speaks, even Mr. Feng has to think about it seriously.
"However, as long as there is some truth, we can talk about it here. There is no need to make a fuss. The last pager crisis, you rushed over, didn't you suffer from being dumb?" Mr. Li looked around and said: "Boss Mr. Feng is sick now, and Zhiyao has to take on a big responsibility. Everyone, it may not be a mistake to listen to young people more. Today's meeting may really hurt people's hearts, so everyone should take these materials back and read."
"it is good!"
Everyone packed up their things and got up one after another, said goodbye to Feng Zhiyao and Zhenkun, and walked away in less than two minutes.
Zhenkun sat there trembling with anger, looked at Feng Zhiyao about to say something, sighed, stood up and left.
"What did I do wrong??" Feng Zhiyao shouted towards Zhenkun who was walking to the door.
Zhenkun turned his head, closed the door, looked at Feng Zhiyao and said, "I don't blame you, you have been the treasure of Feng's family since you were a child, you want the moon and not the stars, Zhiyao, grow up quickly, this world is so real. It's not what you see."
Zhenkun opened the door and left. Feng Zhiyao sat there feeling aggrieved, with tears in his eyes. He had been working hard for so long, but he always felt that his hard work was like punching cotton, and he couldn't let everyone People are satisfied.
"What's wrong with me? I'm doing pretty well, why don't I just say a word, can't even say a word?"
Lu Feng had a good chat with the investors of Merrill Lynch, but the other party still felt that the valuation was too high, and he was not optimistic about the domestic market. Compared with other giants in the world, Jiafeng Electronics had no technological advantage.
At noon, the two parties went out for a meal, ordered two bottles of red wine, and exchanged glasses on the table. Lu Feng looked at the people across from him and said to the investor named Enli: "Actually, the valuation is too high. I also understand that it is natural for us to raise funds at such a high valuation.”
"Reason?" Enli felt that he smelled something different, and asked, "What's the reason, please explain."
"Actually, it's the same as investing in stocks. Our plan is highly executable. I understand Wall Street's financing rules. The giants are here, and the dwarves are going out. But I'm not investing in Merrill Lynch, I'm investing in other companies, understand?" Lu Feng spoke with words.
Enli has also been on Wall Street for more than ten years. He has never seen any routines before, so he understood instantly. With a smile on his face, he held up his glass and said, "I would like to help Mr. Lu. I have completed the task assigned to me by my superiors." gone."
"How to do it, do you know what to do?" Lu Feng touched his cup and asked.
"There are a lot!" Enli leaned forward and whispered in Lu Feng's ear: "It's the same as the stock market. We rate and set prices to induce retail investors to rush in. Don't you just want a recognition? As long as you don't pay , We recognize your valuation, and our willingness to invest is very strong."
"It's comfortable to chat with you elites." Lu Feng raised his glass and said, "Everyone cheers!"
Although the three of Wang Yuanhe were confused, they were also very happy to see Mr. Lu so happy. They have been here for so long, bumping around like a headless chicken. They haven't been this happy for a long time.
After lunch, Enli was going back to make arrangements, and Lu Feng said goodbye to each other without saying anything.
Back at the hotel, Lu Feng was in a good mood, and arranged for Wang Yuanhe and several people to contact the country, asking how the registered associations and companies were hiding, and how many people had entered now.
It was a rare moment of leisure in the afternoon, Lu Feng sat in the coffee shop drinking coffee, slowly wondering if there would be anything unexpected about this matter.
Elmi walked in. She went back to the room and slept. She just woke up to take a shower and wanted to have a cup of coffee. She didn't expect to see Lu Feng as soon as she entered the door.
The four eyes met, quite awkward.
"Hi!" Lu Feng waved to her with a smile on his face.
"vomit!"
Elmi was still a little retching, but she walked over and said: "The board of directors has passed it. You have to call at dawn in China to restore everything to us."
"Okay! When will the contract be signed?" Lu Feng asked her.
"Anytime is fine, but the headquarters needs to formulate a corresponding contract. There will definitely be no problem within one month. Don't worry, if the contract cannot be signed after one month, you will have to deduct it. Anyway, it's all in your hands." Elmi Shen Sheng said.
"Yes, I believe in your sincerity. What would you like to drink? Tell the waiter to come over." Lu Feng said politely, "I'm treating you!"
"I see you can't drink anything." Elmi stood up and walked towards the bar, ordered twice the coffee and some desserts, and asked them to deliver them to the room.
In the evening, Lu Feng first called Wei Yandan to inquire about the company's recent situation, and then asked her to withdraw the seizure of Nokia, but the warehouse must be managed by our people, and no more goods are allowed to be moved out except for the goods on the showcase , to prevent the goods from being quietly transferred out within a month.
(End of this chapter)
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