Collection of Gods

Chapter 712 Sky-high Price
In the courtyard, everyone was clearly divided.

Tang Yuan and many other CEOs including Penguin Ma stood together, while Wan Xinming and many other technical leaders including Huang Liefeng stood together. The former held glasses of wine and toasted each other, while the latter gathered in front of [Emperor Wa] for testing experience.

After all, it is a transaction involving billions of US dollars, so these bosses must be extremely cautious. Even though Wan Xinming has demonstrated it on the spot, they still have to have their own people test it personally before they can be completely assured.

"Mr. Tang, I have prepared the bid documents and can give them to you at any time."

Penguin Horse stood beside Tang Yuan and chatted with him for a while. After drinking the champagne in his hand, he took out an envelope from his arms and said this to Tang Yuan.

As Penguin Ma finished speaking, many CEOs who were originally chatting and laughing with each other were all slightly startled. No one expected that the cocktail party had just begun and Penguin Ma was already preparing to bid.

"Boss Ma, don't you need to wait a little longer?"

Tang Yuan was also a little surprised. He glanced at the many technical experts who were busy testing [Wa Huang] not far away: "Your Penguin Group's technical vice president should not have finished testing [Wa Huang] yet, right?"

"I witnessed the Wahuang demonstration the day before yesterday. I brought them here today just to give an explanation to the other directors of the group. No matter what their final test results are, I will not change my decision."

Facing everyone's surprised gazes, Penguin Horse responded with a smile.

"All right……"

"Since Mr. Ma has made up his mind, Mr. Ma can hand over the bid to me now."

At this point, Tang Yuan paused, and then said in a joking tone, but with some seriousness: "Mr. Ma, after the bid is handed over to me, if you want to make any more changes, I will assume that your company wants to give up the bid. I hope Mr. Ma will make a careful decision."

"I've made up my mind, and I won't change it."

Penguin Horse smiled at Tang Yuan's reminder and handed the bid document in his hand to Tang Yuan without any hesitation.

"Mr. Ma is straightforward. Let me toast you."

Tang Yuan took the bid handed over by Penguin Horse. He first put the bid representing Penguin Group into his arms, then took two glasses of champagne from the on-site staff and handed them to Penguin Horse.

"Mr. Tang, we are bidding with full sincerity this time. I hope Mr. Tang can seriously consider it and look forward to good news from him."

Penguin Horse raised the champagne glass and gestured to Tang Yuan.

Tang Yuan smiled and nodded, clinked the champagne glass with the penguin horse, and then drank the wine in the glass.

With Penguin Horse taking the lead in bidding, other CEOs soon began to submit their pre-prepared bids to Tang Yuan one after another.

About two hours later, the testing of [Wuhuang] by many bigwigs had come to an end. After Meituan Wang handed the last bid to Tang Yuan, the bidding phase of today's Wahuang Technology Equity Tender Conference came to an end.

"Dear CEOs..."

"The bidding process has ended. Please wait for a moment. I will announce the list of successful bidders later. Thank you!"

After Tang Yuan made the announcement, he took the thick bid envelope and walked towards the room deep in the courtyard with Xiao Yayue.

After Tang Yuan and Xiao Yayue left, many CEOs at the scene looked at each other, each with their own calculations in mind.

……

Deep in the courtyard, in a luxurious suite.

After Tang Yuan and Xiao Yayue walked in with the thick bidding documents, they locked the door directly.

"Weren't you still worried about whether these CEOs would buy it?" Tang Yuan spread the bid documents on the long table. He smiled and said, "Come on, now is the time to reveal the answer."

Xiao Yayue looked at the dozens of bids in front of her. She took a deep breath and then looked at Tang Yuan with her bright eyes: "Which bid do you want to open first?"

"Um……"

"I just saw Zhang Yiming, who was very proactive the whole time. I think the bid he submitted might contain some surprises."

Tang Yuan hesitated for a moment, and finally his eyes slowly fell on the envelope with ByteDance marked on it.

"Then we'll open Mr. Zhang's bid document first."

Seeing that Tang Yuan had made a decision, Xiao Yayue immediately reached out and picked up the envelope marked with ByteDance, then tore it open and took out the bid documents inside.

"hiss……"

After Xiao Yayue took out the bid, she just glanced at it and couldn't help but gasp, and her beautiful eyes widened instantly.

When Tang Yuan saw Xiao Yayue's reaction, he knew that the price offered by Zhang Yiming must be very high, and it was likely to be higher than the US$500 billion valuation he had set.

With curiosity, Tang Yuan took the bid document handed over by Xiao Yayue, and saw that the content on the bid document was very simple and clear, with only five data.

Wahuang Technology 15%: ByteDance 12%
Wahuang Technology 12%: ByteDance 9.6%
Wahuang Technology 9%: ByteDance 7.2%
Wahuang Technology 6%: ByteDance 4.8%
Wahuang Technology 3%: ByteDance 2.4%
There are five options in total, corresponding to the five levels given by Tang Yuan the day before.

The first part is the equity of Wahuang Technology, and the second part is the equity of ByteDance. The two are in a corresponding relationship. From the equity share given by the other party and combined with the other party's market value, we can easily calculate their valuation of Wahuang Technology.

“Check, what is ByteDance’s valuation?”

After reading the bid, Tang Yuan asked Xiao Yayue beside him.

Because ByteDance has not yet gone public, it only has a valuation.

Facing Tang Yuan's question, Xiao Yayue, who was well prepared in advance, responded immediately: "Mr. Tang, according to the latest "2019 Hurun Global Unicorn List" released by Hurun Research Institute, ByteDance ranks second among the 494 unicorn companies in the world, with a market valuation of 750 billion US dollars."

"According to various data, the valuation given by Hurun Research Institute is relatively accurate and has strong reference value."

Xiao Yayue first gave the authoritative data, and then added very rigorously.

"$750 million?"

Upon hearing this, Tang Yuan raised his brows slightly, and immediately began to do some mental calculations based on the bid provided by ByteDance. Soon he had the answer in his mind.

"Zhang Yiming, the valuation of our Wahuang Technology is 600 billion US dollars?"

Tang Yuan's brows relaxed, and there was a hint of emotion and amazement in his words.

“What a courage!”

Xiao Yayue stood there, silent for a moment, and couldn't help but give such a comment.

Just two hours ago, she thought that Tang Yuan's $500 billion cut-off standard was a bit too high, but this was only the first bid, and it gave her such a big shock.

The product has not yet been launched, but someone has given a sky-high valuation of 600 billion US dollars. If such news were to spread, the whole world would probably be in an uproar...

PS: 707 cannot be released anymore, so I put it in the group
(End of this chapter)