Rebirth 2010: I add some points to be a boss

Chapter 207 Everyone takes a step back, how about 115 billion?
2 month 7 day.

The southwest wind was all over the sky, sweeping to the city of Shanghai.

Chen Heyu put on a thick cashmere coat, sat sideways in the back row of the Rolls-Royce Phantom, and told Lao Mo in the cab: "Go to Zigang Electronics."

"Yes, boss."

Ding Mo lightly stepped on the gas pedal, and the luxury car slowly drove away from the villa area.

After driving to the Central Elevated Road, the speed of the car immediately increased, and the whole journey was sprinting towards the destination at a speed of 80-90 kilometers per hour.

Lao Mo is very satisfied with his current job, he is free and free, staying by Chen Heyu's side can also increase his knowledge.

As a driver for a year, I saved 30 yuan in savings, excluding 10 yuan in salary, and the remaining 20 yuan was earned from stock trading.

The reason why he has this level of stock trading is all due to the few words that Chen Heyu inadvertently revealed when talking with people on weekdays.

"Maotai stock has good potential!"

"Penguin? With the two trump cards of WeChat and games, the stock price will continue to rise!"

At first, Ding Mo was dubious and secretly bought 1 yuan in stocks, but it didn't take long for the money to double.

After tasting the sweetness, he used all the salary in his hand to stud stocks, and the income was getting higher and higher.

"Buzz~!"

"It's already set off. When will you and Zhang Nan arrive? OK, I guess it will take another 10 minutes."

Chen Heyu put down the phone, thinking about the upcoming negotiation work in his mind.

The financial evaluation and pricing of Zigang Electronics have been released. Shanhai Capital and Future Technology acted separately and conducted two comprehensive due diligence investigations, including the other party's financial status, business status, market position and legal risks, etc., to ensure the feasibility of the acquisition and rationality.

As of the current data survey, the total assets of Zigang Electronics are about 170 billion Chinese dollars, of which only 6 million Chinese dollars are left in cash and cash equivalents.

Cash flow is urgent!
The monthly employee salary expenditure is close to [-] million, no wonder they are anxious to sell themselves!
In addition, there are fixed assets worth 160 billion Chinese dollars, including manufacturing plants, production equipment and R&D centers in Shanghai and Jinling.

In terms of debt, the total is 70 billion Chinese dollars, of which long-term debts are 40 billion Chinese dollars and short-term debts are 30 billion Chinese dollars.

The asset-liability ratio is high, the production process is backward, and there is a weak foundry.

Looking at the whole country, Huaxin International looks down on the production equipment and manufacturing process of Zigang Electronics. Huayao Hesi is unwilling to take over the wafer factory, and other small companies do not have the financial resources.

For a while, Zigang Electronics was in a quagmire. Hearing that Future Technology intends to acquire a wholly-owned subsidiary, he immediately held a general meeting of shareholders and obtained unanimous consent. He wanted to sell the company as quickly as possible.

After a while, the car stopped in front of the gate of a software park in Pudong New Area.

"boss!"

"Mr. Chen!"

Zhang Nan and Zhou Xiaoyu came up to meet them.

"Go, go first."

Chen Heyu waved his hand, walked in front of everyone, and walked slowly towards the headquarters of Zigang Electronics not far away.

Behind is a mighty negotiation team, including legal, financial, business and accompanying record personnel, all in suits and leather shoes, or wearing windbreakers outside, or wrapped in a down jacket to keep out the cold.

Walking to the gate, I saw a man in his early 30s trotting over quickly.

"Mr. Chen, I have lost my way, and I hope you will forgive me. I am Shi Yang, the person in charge of Zigang Electronics."

Shi Yang clasped his hands together and made an apologetic gesture.

"Boss Shi, you're welcome, let's go in and chat."

Chen Heyu replied lightly.

Then he looked at the other party, with gray hair intertwined with the temples, and deep crow's feet in the corners of the eyes, it seemed that these days were not easy, and he was so worried at such a young age.

He doesn't have the temperament of a "prodigal son" at all, but looks like a conscientious manager.

"Yes, yes, the hospitality is not good. These two should be Mr. Zhou of Shanhai Capital and Mr. Zhang of Future Technology. They have long admired their names."

Shi Yang greeted him warmly with a smile on his face.

"Mr. Shi, hello."

Lao Zhou and Zhang Nan nodded upon hearing this, extended their hands to shake each other, and exchanged greetings with smiles.

Shi Yang raised his head, looked at the large crowd of people in front of him, and understood that Shanhai Capital really intended to acquire it, and there was no way to play it.

Feel a little more at ease in an instant!

A group of people walked and talked, and walked into the elevator.

"Mr. Chen, I would like to ask, what are your plans after buying Zigang Electronics?"

Shi Yang pressed the floor button, turned his head and asked.

"It is natural to upgrade equipment, continue to invest additional funds in scientific research, and complete the 28nm mass-production chip process as soon as possible, or even 14nm."

Chen Heyu glanced at the other party and replied casually.

"Mr. Chen is sure to solve the problem of packaging technology?!"

Shi Yang looked excited. Seeing Chen Heyu's convincing tone, he thought he had a way to obtain a suitable packaging process, so he hurriedly asked.

"No."

Chen Heyu thought for a while, and said with a strange expression on his face.

Even if he is capable, he will definitely not tell the other party. This is tantamount to exposing the negotiating cards in advance.

"Yeah, how can it be so easy?"

Shi Yang lowered his head and lost his way.

Looking at this "young master" who was mistreated by his childhood, Chen Heyu could only curse secretly "very stupid and naive".

It spent 40 billion Chinese dollars to purchase a series of wafer cutting machines, welding machines, placement machines and glue coating machines, and set up multiple chip packaging production lines, but was stuck in the packaging process.

Stepping into the meeting room, the room is spacious and bright, and all the major shareholders of Zigang Electronics have arrived.

"Mr. Shi, this document is Shanhai Capital's financial review and evaluation of your company, as well as the acquisition offer form. Please read it first."

After Zhou Xiaoyu took his seat, he motioned to the assistant beside him and took out a stack of A4 documents.

"Okay, I'll take a look."

Shi Yang took it, took a copy from it, and passed the remaining copies to other shareholders.

"There are no problems with fixed assets, cash flow, and liabilities, but the purchase price of 90 billion is too low?"

Shi Yang quickly browsed through the content of the document, and said in a bad tone.

"The wafer processing plant in Jinling seems to be a fixed asset, but it is actually a debt and a heavy burden. If Mr. Shi is not satisfied with the price, we can divest it from Zigang Electronics. Shanhai Capital only conducts inspections on the main body of your company Acquisition."

Zhou Xiaoyu said calmly.

He knows where the other party's weakness lies, knows how to handle it, and doesn't worry about the failure of the negotiation at all.

Because there are very few buyers who are willing to bid, and if he misses the mountains and seas, Shi Yang can only continue to struggle.

The next step, bankruptcy and bankruptcy is just around the corner!

"..."

Shi Yang was in distress. Looking around, the shareholders of Zigang Electronics glared at him, obviously blaming him for insisting on going his own way.

Push the company into the abyss!
Stripping off the wafer processing plant, the total fixed assets are only 130 billion Chinese dollars, and considering the debt issue, I am afraid that Shanhai Capital will not even pay 90 billion!
"Mr. Chen, you must have heard about the plight of Zigang Electronics. On the issue of cooperation, I have great sincerity, otherwise Shanhai Capital and Future Technology will not be allowed to enter the research together.

Why don't we all take a step back, how about 115 billion? "

Shi Yang pondered for a moment, and couldn't help pleading.

"Zigang Electronics is responsible for 70 billion yuan. If the purchase price is 115 billion Chinese dollars, I will have to spend close to 200 billion yuan, not counting the follow-up investment.

Mr. Shi, don't embarrass me too much, you should be very clear that it is not worth the price. "

Chen Heyu refused without thinking.

Wafer foundries are a big trouble, and it is difficult to achieve results without spending billions of dollars. For example, the world's seven largest chip packaging and testing giants invest as much as US$7 billion in research and development every year.

The core technology of each company is tightly covered, and it is difficult for outsiders to find opportunities, and it is necessary to have a way to buy it with money.

Koryo country, neon country, which one is not self-preserving?
He was sure that Shi Yang was incapable of solving it, and it was even more difficult for Zigang Electronics to find a second buyer, so he was confident.

"Mr. Chen, what if I can solve the packaging problem?"

Shi Yang gritted his teeth and asked.

"Oh, is it?"

Chen Heyu said noncommittal.

The other party has to find a way to solve it, and they are already busy competing with Huaxin International, so they can still think about selling the company?
"Mr. Chen, I didn't mean to deceive you. It's not convenient to talk about this matter. Can you come out with me?"

Shi Yangshen said mysteriously.

"Row."

Chen Heyu got up and followed the other party out of the meeting room, and came to a small living room.

"Boss Shi, can we talk now?"

(End of this chapter)