Rebirth of the Financial Crisis Sweeping the World
Chapter 59: 59 Resolute and Confident Lin Hongzhe
Chapter 59: The determined and confident Lin Hongzhe
Wang Guanxi immediately said: "Mr. Wu, how much is the price? If it is suitable, I will consider it."
He currently has 50 million Hong Kong dollars in capital, but he needs to buy a stock of a mainland giant. At present, he will not spend too much money to acquire the shares of Changhong Semiconductor Company, because this is a long-term investment, and Wang Guanxi needs to make money urgently. Quickly raise funds to 100 million Hong Kong dollars, or even 200 million Hong Kong dollars, and then on September 14, before the financial crisis swept the world, short the Hang Seng Index with 100 times leverage and become a rich man in one fell swoop.
So he will not spend too much money to acquire Changhong Semiconductor Company. Even if he acquires Wu Zhanhai's 23.8% of the shares, he still needs to inject capital into Changhong Semiconductor, which will consume the funds in his hands.
Wang Guanxi will spend 6 million yuan at most.
At this time, Wu Zhanhai thought for a while and wanted to stretch out five fingers and said: "5 million"
At the beginning, he invested 5 million in, and now he can recover 5 million. The current valuation of Changhong Semiconductor is 21 million.
"I invested 5 million in at that time, and now I want to return 5 million."
Wang Guanxi smiled and said: "Mr. Wu, did you just say that Changhong Semiconductor has many European and American customers, has unique patents, and is a leader in the semiconductor industry in Hong Kong. In the future, it will be the dominant player in the semiconductor industry in Asia. Why are you so anxious? Sell its equity?"
Feng Shaokun also smiled: "Yes, Brother Wu, since you are the future leader in the semiconductor industry, why are you so eager to sell your equity?"
He also has some interest in Changhong Semiconductor, but he is not a fool.
Wu Zhanhai thought for a while: “It’s true that Changhong Semiconductor is currently in trouble. Today, Changhong Semiconductor’s founder Lin Hongzhe called me to make additional investments and solve the company’s troubles. However, I am still short of liquidity, so I will speak politely. Refused."
Thinking about it, Wu Zhanhai continued: “To be honest, Changhong Semiconductor has great potential in the future. If it weren’t for my lack of liquidity, I would definitely not sell it.”
Now Motorola may close its mobile phone factory in Singapore, and Changhong Semiconductor is the supplier of Motorola's mobile phone factory in Singapore!
Changhong Semiconductor had encountered a predicament, but now the situation is even worse.
Now Wu Zhanhai just wants to evacuate soon.
Wang Guanxi asked again: "Mr. Wu, how much money does Changhong Semiconductor need now to solve the predicament?"
If he eats 23.8% of Wu Zhanhai’s shares, he will need 5 million Hong Kong dollars, plus the capital injection, it is estimated to be more than 10 million. Wang Guanxi feels that it is not worth it. This will delay his own accumulation of funds until September 14 Be sure to accumulate sufficient funds.
Wu Zhanhai thought for a while and said, “You can talk to Lin Hongzhe, the founder of Changhong Semiconductor, in person.”
"OK"
Next, Wu Zhanhai called Lin Hongzhe and asked him to come over, saying that there are two investors here.
soon agreed to meet at a nearby coffee shop.
One hour later, Lin Hongzhe rushed here. He was wearing a black wallet and his eyebrows were sad. After seeing Wang Guanxi, Feng Shaokun was a little expectant and a little nervous.
These two investors are already the third batch of investors I met today, and neither of the first two batches of investors agreed.
Although he knows that the chance of investors investing is small, he still wants to come.
"Mr Lin, please sit down"
"Hello Mr. Lin, please sit down"
"Thank you" Lin Hongzhe sat down, somewhat cautious. He felt that no investor would be easy to wait on, and there would be no investors who would give money in the snow, only investors who were icing on the cake.
Next, Wu Zhanhai gave Wang Guanxi and Feng Shaokun a detailed introduction.
Lin Hongzhe is a PhD. He has held several non-volatile memory technology development positions in leading semiconductor companies such as Simtek Corporation.
He also holds a Bachelor of Science and Master of Science in Electrical Engineering from the Massachusetts Institute of Technology, and a PhD in Electrical Engineering from the California Institute of Technology in 1992.
is indeed a very strong and capable person.
Lin Hongzhe felt very horrified for Wang Guanxi at such a young age, but in a blink of an eye, he understood the problem.
This must be a very wealthy child in the family. He has been learning investment since he was 16 years old.
After everyone chatted, Wang Guanxi asked: “Mr. Lin, how much capital does your company need to solve the current predicament?”
Lin Hongzhe truthfully said: "HK$7 million in funds"
Currently, Changhong Semiconductor’s customers have been hit by the subprime mortgage crisis. As a supplier, it is naturally also affected. Now Motorola plans to close its mobile phone factory in Singapore, which is undoubtedly worse.
Thinking about it for a while and he continued: “A company from Lu City in the Mainland planned to inject 5 million capital and requires 25% of the shares. I haven’t agreed yet.”
Changhong Semiconductor’s valuation is 21 million, while the Luhai United Investment Company from the mainland city of Luhai is only valued at 15 million Hong Kong dollars, and then injects capital of 5 million, requires 25% of the shares, and also put forward harsh requirements. He has not yet He promised that he would consider it for a few days.
If the conditions offered by these two investors were better, he would reject Luhai United Investment Corporation.
Wang Guanxi and Feng Shaokun looked at each other and fell into thought.
Wang Guanxi asked: "What company is called in the mainland?"
Lin Hongzhe speaks: "Luhai Joint Investment Company"
Wang Guanxi heard that it was indeed Luhai United Investment Company. The latter company still injected capital into Changhong Semiconductor and became a big winner.
Fortunately, Lin Hongzhe has not yet agreed.
But in the end, Lin Hongzhe was so helpless that he agreed to the terms of the Luhai United Investment Company.
Now, I am a winner.
Wang Guanxi asked, "Mr. Lin Hongzhe, how much do you think Changhong Semiconductor can be valued now?"
Lin Hongzhe thought for a while and asked: "Mr. Wang, do you plan to inject capital?"
Wang Guanxi: "Well, yes, how much do you think Changhong Semiconductor is worth now?"
Lin Hongzhe gritted his teeth and felt that the little boy Wang Guanxi might not understand the situation very well, so he decided to tell Wang Guanxi the truth. He opened his mouth and said: "Now Motorola is losing business and may close the Singapore mobile phone factory, and we are its supplier. For one, I admit that this will have a great impact on Changhong Semiconductor, but I believe that I can find better customers because our patent advantage lies in..."
He said a lot, and finally said that Changhong Semiconductor is valued at 20 million!
After finishing Lin Hongzhe looked at Wang Guanxi and Feng Shaokun nervously, and gritted his teeth resolutely: "I have already said the specific situation of the company. I think Changhong Semiconductor is worth at least 20 million!"
He is very determined, very confident, and stubbornly bites the valuation of 20 million.
(End of this chapter)
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