my life reset
Chapter 670 Open the hole
Chapter 670 Open the hole
Chapter 670
Liu Chenghua likes to use the most intuitive data to make comparisons. Just as Hu Yang is not familiar with the machinery industry, he is actually a little unfamiliar with the Huijia system.
At present, the development of Dingcheng Precision Machinery has encountered a lot of problems. In addition to no new breakthroughs in technology, the company's cash flow is gradually drying up.
To be honest, Liu Chenghua is living on his laurels now, and if he does not change the status quo, he is waiting to die.
"From a charming electronics company, it can be roughly seen that the strength of the Huijia Department is stronger than I expected. It is estimated that the next negotiation will not be easy!"
Liu Chenghua threw the materials in his hand on the table, pressed his temples with both hands, and felt a headache.
Before contacting Huijia International Investment, he had secretly contacted many investors, but unfortunately, none of them succeeded.
Either the opponent's conditions are too harsh, or the opponent has no strength.
When Huijia International invested in Dingcheng Precision Machinery, Liu Chenghua was really ecstatic.However, after all, he is not a fledgling young man, and he can still hide his emotions.
It was precisely because he wanted to facilitate this negotiation that he was so tough at the beginning of the negotiation.
He wants to protect his own interests, and at the same time, he must not let the other party underestimate him. The proper measure actually makes him feel extremely hard.
Now, Liu Chenghua felt that he had basically understood the other party's strength, and he decided to make appropriate concessions in the subsequent negotiations.
However, after a day's rest, the two sides resumed negotiations again, and Xia Bing's change of attitude surprised him.
"Mr. Liu, we have been familiar with each other for a while, can we stop the endless temptation?
I will talk about our attitude now, and I hope Mr. Liu can listen to me patiently before asking questions.One of the important reasons why we have taken a fancy to your company is that we want to use your experience to quickly enter the field of precision machinery.
We now have funds and the technology of Tuwei Precision Machinery, but we lack a springboard to enter the domestic market. "
Xia Bing talked eloquently, but what he said was a little impolite.
She noticed that, except for Liu Chenghua who could not change his face, all his subordinates showed more or less resentful expressions.
Xia Bing glanced at the audience, and finally said: "Therefore, the cooperation between us must be premised on our participation in your company."
She didn't mention the matter of company control, which can be discussed later.
After Xia Bing finished speaking, there was a burst of noisy voices in the meeting room.
Obviously, Liu Chenghua's subordinates showed a certain degree of resistance and dissatisfaction with Xia Bing's suggestion.
Liu Chenghua pondered, he didn't know why Xia Bing's attitude changed so obviously in just one day.
In fact, he also prepared several plans in his mind last night. The best choice is Dingcheng Precision Machinery's factory building, equipment and personnel, and Tuwei Precision Machinery will contribute funds and technology, and everyone will form a joint venture.
In this way, the autonomy of Dingcheng Precision Machinery can be maintained to the greatest extent, and maybe it can take advantage of this joint venture opportunity to turn around again.
Of course, the worst solution is that Dingcheng Precision Machinery is absorbed by the Huijia Department, and he, Liu Chenghua, gradually integrates into the Huijia Department and becomes one of them.
Unfortunately, Xia Bing's words shattered his fantasy.
What they said is like setting the tone. If you want to cooperate, it is a prerequisite for Huijia to participate in Dingcheng Precision Machinery, otherwise there is no need to talk about it.
"Cough cough."
After a while, Liu Chenghua coughed, and the scene immediately fell silent.
All the people from Dingcheng Precision Machinery were whispering to each other before, and the people from Xia Bing's team sat quietly without saying a word.
Now that Liu Chenghua was about to speak, his subordinates naturally did not dare to speak out.
"Mr. Xia, in fact, isn't it better for us to cooperate in the form of a joint venture? Now, according to what you said, it has become that the Huijia Department wants to acquire our Dingcheng Precision Machinery. I don't know if I understand. question?"
Liu Chenghua sighed in his heart, he knew that it was impossible to convince Xia Bing, but he had to know the other party's real plan.
After all, there is still a big difference between participating in a company and holding a company.
In the case of the former, Dingcheng Precision Machinery can still maintain relative autonomy.If the latter is the case, it means that his company will be completely annexed by the Huijia Department.
Speaking of which, Liu Chenghua is already a very enlightened entrepreneur.He has no intention of keeping the family business, even though it was his father's dying wish.
Because he knows that in today's extremely fierce competition, sticking to the rules is slow suicide, and will eventually be ruthlessly eliminated.
He also tried to change the nature of the company before, but he still controlled about 70% of the company's shares.
"It's not necessary to hold Dingcheng Precision Machinery, but the corporate structure must be reasonable, right? I think, Mr. Liu, you may also need financial support. Isn't it good for us to get what we need?"
According to Xia Bing's knowledge, Dingcheng Precision Machinery also encountered financial problems.Among other things, the Huijia Department has no shortage of funds. This is Xia Bing's confidence.
Then, the meeting room fell into a long silence.
"President Xia, why don't you come here first? I'll think about it later, and I'll give you an answer as soon as possible."
Liu Chenghua felt that he needed to calm down, and he was not in a hurry anyway, he believed that the other party would still have this little patience.
"Okay, then let's rest for two days. Mr. Liu, it's rare for you to come to the deep sea once. I'll accompany you around the city tomorrow, okay?"
Xia Bing smiled slightly, and the atmosphere in the conference room immediately relaxed.
"Then thank you, Mr. Xia, I have to trouble you tomorrow! Then we will take our leave first, Mr. Xia, please stay and we will contact you tomorrow."
Liu Chenghua immediately left the investment building, Xia Bing sent him to the elevator, and then came to Hu Yang's office.
"It seems that Dingcheng Precision Machinery is not as beautiful as it looks on the surface. Mr. Xia, the other party will agree to let us participate in the shares, so you can rest assured."
Hu Yang has not been idle for the past few days, he let people continue to have an in-depth understanding of the situation of Dingcheng Precision Machinery from various channels.From the feedback information, it can be seen that the production and operation status of the other party is not as good as they have shown.
The foundation of Dingcheng Precision Machinery is still good, but the technology and products cannot keep up with the development of the times.This caused the other party's sales to be sluggish and cash flow to be relatively tight.
This can well explain why Liu Chenghua came to the deep sea to negotiate in person.As for the toughness shown by the other party at the beginning, it was just a means of negotiation, so there was no need to pay attention to it.
Coming out of Hu Yang's office, Xia Bing became more confident. She felt that she could take Liu Chenghua and his party around tomorrow, and the agreement would probably be finalized in a few days.
The next day.
Xia Bing came to the office early, and after dealing with some daily work, she was going to make a call to Liu Chenghua.
As a result, I called, but the other party didn't answer.After about ten minutes, Liu Chenghua returned the call, saying that he was a little unwell today, that the event would be canceled first, and that he was very sorry.
After hanging up the phone, Xia Bing felt something was wrong, but he didn't know where the problem was.
In fact, her feeling was right, Liu Chenghua didn't feel uncomfortable at all, it was all an excuse.
In the morning, he had already made preparations, and he planned to take advantage of the opportunity of going out with Xia Bing today to draw closer the relationship between the two parties.
But two uninvited guests disrupted his itinerary.
"Mr. Liu, this is Manager Han from Halla Investment Company. Manager Han is here today to talk to you about financing. Do you have time?"
One of them is an acquaintance of Liu Chenghua, who is considered to be in the venture capital circle.Liu Chenghua also approached him before, and wanted him to help introduce some investment companies, but there was no news.
Unexpectedly, this time he came to the deep sea, but the other party brought people to chase him.
"Hello, Manager Han. Nice to meet you. Old Xiao, you have come all the way to find me, how could I not have time? Let's go, let's go to the coffee shop first."
Of course, Liu Chenghua did not give up the opportunity to find the door, and immediately led the guest to the hotel's coffee shop.
It was during this process that Xia Bing's phone call came.He didn't answer right away, but went to the bathroom as an excuse, found a quiet place, and then called Xia Bing back.
"Mr. Liu, Halla Investment Company is very powerful and has the support of international capital behind it. Didn't you tell me before that you want to introduce powerful investors? Now is the opportunity."
Lao Xiao has a good reputation in the circle. Although he has no strength, there are many successful financing cases introduced by him.
"Mr. Liu, I think we should be able to find something in common. Everyone's goal is nothing more than to do a good job in the company."
Manager Han is a very serious middle-aged man, he doesn't talk much, but he speaks with great momentum.
Liu Chenghua nodded with a smile, but he was not too excited.
He thought about it and said:
"Manager Han, I really haven't heard of Halla Investment before, maybe I'm ignorant? Just now Lao Xiao said that you have the support of international capital. I don't know if I can tell you something?"
Also, the industry that Dingcheng Precision Machinery is in is really not an "outlet" industry.Even if the technical threshold is not low, it still belongs to the traditional manufacturing industry. In theory, it is difficult to attract the attention of venture capital companies.
Therefore, he was not confused by the appearance, but wanted to know the real purpose of the other party.
"Of course, our company's headquarters is in North America, and the domestic company is a wholly-owned subsidiary of the headquarters. You can go to find out about our situation, and you can easily find out."
Manager Han replied unhurriedly, looking very confident.
Liu Chenghua's doubts have been dispelled a lot. It is good to know the background of the other party. It is easy to inquire about such things, and the possibility of encountering a liar is almost zero.
However, why would a North American venture capital company be interested in a domestic company that is not outstanding in all aspects?That's a problem.
Liu Chenghua didn't worry about this, but wanted to hear the other party's conditions: "Manager Han, since you came to see me today, you must have a preliminary plan. Can you talk briefly?"
"Of course, we intend to invest 8000 million US dollars to obtain 51% of your company's equity. We will not participate in the daily operation and management, but we must obtain corresponding seats on the board of directors"
Manager Han was not polite, and rushed directly to buy it.
The price is relatively low, but not outrageous.Liu Chenghua knew that if he wanted to, he could talk about the conditions.
His only doubt now is the other party's motives. It must be known that a precision machinery manufacturing company without top strength cannot bring the other party a high return on investment.
Liu Chenghua put this doubt in his heart and did not ask directly.He suddenly realized that this unexpected incident might be used as a bargaining chip in negotiations with the Huijia Department. As for how to use it, he had to think carefully.
Next, everyone began to talk in general terms, but there was no rush to reach an agreement.
At noon, Liu Chenghua invited the two of them to have a meal. The two parties made an appointment to formally start negotiations on financing the day after tomorrow.
The next day.
The negotiation between Xia Bing and Liu Chenghua became difficult again.Liu Chenghua did not hide it, and directly talked about his contact with Halla Investment.
Liu Chenghua won't talk about the specific conditions, anyway, it's good for the Huijia department to feel the pressure.
In his heart, he is actually inclined towards the Huijia family.For nothing else, the technology of Tuwei Precision Machinery alone made him covetous.
However, Halla Investment can only bring him funds. Comparing the two, as Liu Chenghua who is determined to work hard in this industry, it is self-evident that which is more important.
"Mr. Liu, I don't know why a venture capital firm favors your company. But I still want to say that cooperating with us will bring you not only capital, but also more important advanced technology.
We also discussed internally yesterday that Huijia International Investment will invest 8 million yuan in funds from your side, and the shareholding ratio will be at least 49%.There is no room for further negotiation on this condition, Mr. Liu can think about it for two more days. "
Xia Bing lost his patience. It would be good if Liu Chenghua didn't mention Halla Investment, but his mentioning it had the opposite effect.
Want to use Halla Investment to make Huijia International Investment make concessions?This is impossible.
Liu Chenghua didn't expect that he was self-defeating. Moving out of Halla Investment not only did not make Xia Bing give in, but instead prompted the other party to directly raise his cards.
Like Liu Chenghua, Hu Yang was very suspicious of the other party's real intentions when he learned that Halla Investment had suddenly come to intervene.
"Mr. Xia, this venture capital company is headquartered in North America. You should find a way to investigate. I always think this incident is a bit too coincidental. Maybe the other party is here for us."
When Hu Yang acquired Tuwei Precision Machinery, he cut through the mess quickly, and there was no time for the outside world to react.
Now, the news that Tuwei Precision Machinery has started to produce the alignment system of lithography machines has already spread, and it is not a secret at all.
Could it be that Halla Investment suddenly appeared at this time, but it was actually for Tuwei Precision Machinery?
(End of this chapter)
Chapter 670
Liu Chenghua likes to use the most intuitive data to make comparisons. Just as Hu Yang is not familiar with the machinery industry, he is actually a little unfamiliar with the Huijia system.
At present, the development of Dingcheng Precision Machinery has encountered a lot of problems. In addition to no new breakthroughs in technology, the company's cash flow is gradually drying up.
To be honest, Liu Chenghua is living on his laurels now, and if he does not change the status quo, he is waiting to die.
"From a charming electronics company, it can be roughly seen that the strength of the Huijia Department is stronger than I expected. It is estimated that the next negotiation will not be easy!"
Liu Chenghua threw the materials in his hand on the table, pressed his temples with both hands, and felt a headache.
Before contacting Huijia International Investment, he had secretly contacted many investors, but unfortunately, none of them succeeded.
Either the opponent's conditions are too harsh, or the opponent has no strength.
When Huijia International invested in Dingcheng Precision Machinery, Liu Chenghua was really ecstatic.However, after all, he is not a fledgling young man, and he can still hide his emotions.
It was precisely because he wanted to facilitate this negotiation that he was so tough at the beginning of the negotiation.
He wants to protect his own interests, and at the same time, he must not let the other party underestimate him. The proper measure actually makes him feel extremely hard.
Now, Liu Chenghua felt that he had basically understood the other party's strength, and he decided to make appropriate concessions in the subsequent negotiations.
However, after a day's rest, the two sides resumed negotiations again, and Xia Bing's change of attitude surprised him.
"Mr. Liu, we have been familiar with each other for a while, can we stop the endless temptation?
I will talk about our attitude now, and I hope Mr. Liu can listen to me patiently before asking questions.One of the important reasons why we have taken a fancy to your company is that we want to use your experience to quickly enter the field of precision machinery.
We now have funds and the technology of Tuwei Precision Machinery, but we lack a springboard to enter the domestic market. "
Xia Bing talked eloquently, but what he said was a little impolite.
She noticed that, except for Liu Chenghua who could not change his face, all his subordinates showed more or less resentful expressions.
Xia Bing glanced at the audience, and finally said: "Therefore, the cooperation between us must be premised on our participation in your company."
She didn't mention the matter of company control, which can be discussed later.
After Xia Bing finished speaking, there was a burst of noisy voices in the meeting room.
Obviously, Liu Chenghua's subordinates showed a certain degree of resistance and dissatisfaction with Xia Bing's suggestion.
Liu Chenghua pondered, he didn't know why Xia Bing's attitude changed so obviously in just one day.
In fact, he also prepared several plans in his mind last night. The best choice is Dingcheng Precision Machinery's factory building, equipment and personnel, and Tuwei Precision Machinery will contribute funds and technology, and everyone will form a joint venture.
In this way, the autonomy of Dingcheng Precision Machinery can be maintained to the greatest extent, and maybe it can take advantage of this joint venture opportunity to turn around again.
Of course, the worst solution is that Dingcheng Precision Machinery is absorbed by the Huijia Department, and he, Liu Chenghua, gradually integrates into the Huijia Department and becomes one of them.
Unfortunately, Xia Bing's words shattered his fantasy.
What they said is like setting the tone. If you want to cooperate, it is a prerequisite for Huijia to participate in Dingcheng Precision Machinery, otherwise there is no need to talk about it.
"Cough cough."
After a while, Liu Chenghua coughed, and the scene immediately fell silent.
All the people from Dingcheng Precision Machinery were whispering to each other before, and the people from Xia Bing's team sat quietly without saying a word.
Now that Liu Chenghua was about to speak, his subordinates naturally did not dare to speak out.
"Mr. Xia, in fact, isn't it better for us to cooperate in the form of a joint venture? Now, according to what you said, it has become that the Huijia Department wants to acquire our Dingcheng Precision Machinery. I don't know if I understand. question?"
Liu Chenghua sighed in his heart, he knew that it was impossible to convince Xia Bing, but he had to know the other party's real plan.
After all, there is still a big difference between participating in a company and holding a company.
In the case of the former, Dingcheng Precision Machinery can still maintain relative autonomy.If the latter is the case, it means that his company will be completely annexed by the Huijia Department.
Speaking of which, Liu Chenghua is already a very enlightened entrepreneur.He has no intention of keeping the family business, even though it was his father's dying wish.
Because he knows that in today's extremely fierce competition, sticking to the rules is slow suicide, and will eventually be ruthlessly eliminated.
He also tried to change the nature of the company before, but he still controlled about 70% of the company's shares.
"It's not necessary to hold Dingcheng Precision Machinery, but the corporate structure must be reasonable, right? I think, Mr. Liu, you may also need financial support. Isn't it good for us to get what we need?"
According to Xia Bing's knowledge, Dingcheng Precision Machinery also encountered financial problems.Among other things, the Huijia Department has no shortage of funds. This is Xia Bing's confidence.
Then, the meeting room fell into a long silence.
"President Xia, why don't you come here first? I'll think about it later, and I'll give you an answer as soon as possible."
Liu Chenghua felt that he needed to calm down, and he was not in a hurry anyway, he believed that the other party would still have this little patience.
"Okay, then let's rest for two days. Mr. Liu, it's rare for you to come to the deep sea once. I'll accompany you around the city tomorrow, okay?"
Xia Bing smiled slightly, and the atmosphere in the conference room immediately relaxed.
"Then thank you, Mr. Xia, I have to trouble you tomorrow! Then we will take our leave first, Mr. Xia, please stay and we will contact you tomorrow."
Liu Chenghua immediately left the investment building, Xia Bing sent him to the elevator, and then came to Hu Yang's office.
"It seems that Dingcheng Precision Machinery is not as beautiful as it looks on the surface. Mr. Xia, the other party will agree to let us participate in the shares, so you can rest assured."
Hu Yang has not been idle for the past few days, he let people continue to have an in-depth understanding of the situation of Dingcheng Precision Machinery from various channels.From the feedback information, it can be seen that the production and operation status of the other party is not as good as they have shown.
The foundation of Dingcheng Precision Machinery is still good, but the technology and products cannot keep up with the development of the times.This caused the other party's sales to be sluggish and cash flow to be relatively tight.
This can well explain why Liu Chenghua came to the deep sea to negotiate in person.As for the toughness shown by the other party at the beginning, it was just a means of negotiation, so there was no need to pay attention to it.
Coming out of Hu Yang's office, Xia Bing became more confident. She felt that she could take Liu Chenghua and his party around tomorrow, and the agreement would probably be finalized in a few days.
The next day.
Xia Bing came to the office early, and after dealing with some daily work, she was going to make a call to Liu Chenghua.
As a result, I called, but the other party didn't answer.After about ten minutes, Liu Chenghua returned the call, saying that he was a little unwell today, that the event would be canceled first, and that he was very sorry.
After hanging up the phone, Xia Bing felt something was wrong, but he didn't know where the problem was.
In fact, her feeling was right, Liu Chenghua didn't feel uncomfortable at all, it was all an excuse.
In the morning, he had already made preparations, and he planned to take advantage of the opportunity of going out with Xia Bing today to draw closer the relationship between the two parties.
But two uninvited guests disrupted his itinerary.
"Mr. Liu, this is Manager Han from Halla Investment Company. Manager Han is here today to talk to you about financing. Do you have time?"
One of them is an acquaintance of Liu Chenghua, who is considered to be in the venture capital circle.Liu Chenghua also approached him before, and wanted him to help introduce some investment companies, but there was no news.
Unexpectedly, this time he came to the deep sea, but the other party brought people to chase him.
"Hello, Manager Han. Nice to meet you. Old Xiao, you have come all the way to find me, how could I not have time? Let's go, let's go to the coffee shop first."
Of course, Liu Chenghua did not give up the opportunity to find the door, and immediately led the guest to the hotel's coffee shop.
It was during this process that Xia Bing's phone call came.He didn't answer right away, but went to the bathroom as an excuse, found a quiet place, and then called Xia Bing back.
"Mr. Liu, Halla Investment Company is very powerful and has the support of international capital behind it. Didn't you tell me before that you want to introduce powerful investors? Now is the opportunity."
Lao Xiao has a good reputation in the circle. Although he has no strength, there are many successful financing cases introduced by him.
"Mr. Liu, I think we should be able to find something in common. Everyone's goal is nothing more than to do a good job in the company."
Manager Han is a very serious middle-aged man, he doesn't talk much, but he speaks with great momentum.
Liu Chenghua nodded with a smile, but he was not too excited.
He thought about it and said:
"Manager Han, I really haven't heard of Halla Investment before, maybe I'm ignorant? Just now Lao Xiao said that you have the support of international capital. I don't know if I can tell you something?"
Also, the industry that Dingcheng Precision Machinery is in is really not an "outlet" industry.Even if the technical threshold is not low, it still belongs to the traditional manufacturing industry. In theory, it is difficult to attract the attention of venture capital companies.
Therefore, he was not confused by the appearance, but wanted to know the real purpose of the other party.
"Of course, our company's headquarters is in North America, and the domestic company is a wholly-owned subsidiary of the headquarters. You can go to find out about our situation, and you can easily find out."
Manager Han replied unhurriedly, looking very confident.
Liu Chenghua's doubts have been dispelled a lot. It is good to know the background of the other party. It is easy to inquire about such things, and the possibility of encountering a liar is almost zero.
However, why would a North American venture capital company be interested in a domestic company that is not outstanding in all aspects?That's a problem.
Liu Chenghua didn't worry about this, but wanted to hear the other party's conditions: "Manager Han, since you came to see me today, you must have a preliminary plan. Can you talk briefly?"
"Of course, we intend to invest 8000 million US dollars to obtain 51% of your company's equity. We will not participate in the daily operation and management, but we must obtain corresponding seats on the board of directors"
Manager Han was not polite, and rushed directly to buy it.
The price is relatively low, but not outrageous.Liu Chenghua knew that if he wanted to, he could talk about the conditions.
His only doubt now is the other party's motives. It must be known that a precision machinery manufacturing company without top strength cannot bring the other party a high return on investment.
Liu Chenghua put this doubt in his heart and did not ask directly.He suddenly realized that this unexpected incident might be used as a bargaining chip in negotiations with the Huijia Department. As for how to use it, he had to think carefully.
Next, everyone began to talk in general terms, but there was no rush to reach an agreement.
At noon, Liu Chenghua invited the two of them to have a meal. The two parties made an appointment to formally start negotiations on financing the day after tomorrow.
The next day.
The negotiation between Xia Bing and Liu Chenghua became difficult again.Liu Chenghua did not hide it, and directly talked about his contact with Halla Investment.
Liu Chenghua won't talk about the specific conditions, anyway, it's good for the Huijia department to feel the pressure.
In his heart, he is actually inclined towards the Huijia family.For nothing else, the technology of Tuwei Precision Machinery alone made him covetous.
However, Halla Investment can only bring him funds. Comparing the two, as Liu Chenghua who is determined to work hard in this industry, it is self-evident that which is more important.
"Mr. Liu, I don't know why a venture capital firm favors your company. But I still want to say that cooperating with us will bring you not only capital, but also more important advanced technology.
We also discussed internally yesterday that Huijia International Investment will invest 8 million yuan in funds from your side, and the shareholding ratio will be at least 49%.There is no room for further negotiation on this condition, Mr. Liu can think about it for two more days. "
Xia Bing lost his patience. It would be good if Liu Chenghua didn't mention Halla Investment, but his mentioning it had the opposite effect.
Want to use Halla Investment to make Huijia International Investment make concessions?This is impossible.
Liu Chenghua didn't expect that he was self-defeating. Moving out of Halla Investment not only did not make Xia Bing give in, but instead prompted the other party to directly raise his cards.
Like Liu Chenghua, Hu Yang was very suspicious of the other party's real intentions when he learned that Halla Investment had suddenly come to intervene.
"Mr. Xia, this venture capital company is headquartered in North America. You should find a way to investigate. I always think this incident is a bit too coincidental. Maybe the other party is here for us."
When Hu Yang acquired Tuwei Precision Machinery, he cut through the mess quickly, and there was no time for the outside world to react.
Now, the news that Tuwei Precision Machinery has started to produce the alignment system of lithography machines has already spread, and it is not a secret at all.
Could it be that Halla Investment suddenly appeared at this time, but it was actually for Tuwei Precision Machinery?
(End of this chapter)
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