Chapter 220
: Eat one bite and become a fat man
"I bought a lot of things today, but I'm afraid it will take several days to get everything at home ready."
In the evening, when having dinner with Hu Yang, Liang Shuqi seemed tired and excited.
"Haha, you don't have to rush for time. It doesn't matter if you take your time to clean up the house. Qiqi, have you thought about it? When are you going to move into your new home?"
Hu Yang could understand Liang Shuqi's excitement, but he couldn't understand why she was still so energetic after shopping all day.
"Next weekend, do you agree to invite Lulu and Mr. Chen over as guests?"
"Of course I have no objection, just make your arrangements. However, there are still ten days until next weekend, and I may not stay in the deep sea forever. But I will come next weekend to congratulate you on your move."
After staying quietly with Liang Shuqi for two days, Populus euphratica left the deep sea.
He set out from the deep sea, took Han Wen and others, and flew straight to the Magic City. Part of the reason was that he wanted to see the "old house" that had been completed for a long time. The more important thing was to attend the board meeting of Xintong International.
It was only noon when we left the airport.
The board meeting was scheduled for two days later, so Hu Yang asked the taxi driver to go directly to Julu Road.
"Mr. Hu, you see, this boardwalk is newly added. The flowers and lawns in the garden are all new varieties. The pavilion is copied from the previous building and is absolutely accurate."
The person in charge of Hu Yang's arrangement led Hu Yang to visit the renovated "old foreign house".
Compared with the garden, the repair work inside the building is undoubtedly much more complicated. Based on the principle of not changing the historical appearance, repairing the old house as it is is more expensive than building a new house.
"Yes, yes. Thank you for your hard work. Later, you can arrange for two reliable people to manage this house for me, and I will leave the daily maintenance to them. After finishing this matter, you can return to Yangcheng. I will tell Mr. Xia later.
, you have done a good job in this matter."
The man was very happy when he heard Hu Yang's praise. It's hard to say whether he will be promoted when he returns, but he will definitely get a generous bonus.
"Boss, can we stay here tonight?"
After Han Wen and Li Jie walked in, their eyes were not idle. They really didn't expect that an "old bungalow" from the 1920s and 1930s would exude such a dazzling brilliance after being renovated.
"Everything is ready-made in the house, so I won't go to the hotel and will stay here at night."
There are many rooms in the whole building, and it even seems quite empty for three people.
Of course Populus euphratica lives in the master room. The antique bed in the house is made of fine mahogany. The height of the room is much higher than that of ordinary residences. It not only has good lighting but also does not make people feel depressed.
"Okay, when I have time, let the two comrades in the family live here for a while. I think dad will like this environment very much."
Han Wen put away his luggage, then came over to help Hu Yang pack the suitcase, and then they went out to have lunch.
"Awen, it's better to buy a car first. It's really inconvenient not to have a car."
There is a special parking place in the yard. It is no problem to park two cars, not to mention one car.
Hu Yang didn't want to take a taxi next time he came, so he came to the Automobile City after dinner.
After casually looking around, Hu Yang decided to buy a Bentley and a BMW. The Bentley is currently out of stock, and it will take about twenty days to make a reservation. The BMW is in stock, and you can pick up the car after paying, and the procedures are done on site.
It can be done.
Bentley paid the deposit, BMW took delivery of the car in full, got the license plate and then drove on the road.
"Mr. Hu, I'm not familiar with the roads in Magic City. I'm afraid it will take a few days to get around."
Like Han Wen and Li Jie, they are not only full-time drivers, but also responsible for the safety of Populus euphratica.
It is taboo for both of them to drive in a city where they are not familiar with the roads. This sentence in Korean actually implies to Populus euphratica, let’s stop driving around now and wait until I am familiar with the road conditions.
This is the disadvantage of not having a navigator. It's not like the future, where you can navigate around the world with just a mobile phone.
Hu Yang said "hmm" and asked Han Wen to drive directly back to Julu Road.
Hu Yang and Han Wen got out of the car, and Li Jie followed them and said, "Mr. Hu, I'm going to drive around and get familiar with the roads."
This was something Han Wen and Li Jie had already agreed upon. One person would follow Hu Yang and the other person drive out to get familiar with the city as quickly as possible.
"There's really no need to go to such trouble. Why don't we just hire a local driver later?"
Hu Yang muttered, but he didn't stop them, let them do whatever they wanted.
After two days of rest, Hu Yang came to Xintong International to attend the board meeting.
"Okay, everyone, I will now announce the meeting. Let me first talk about the agenda of this meeting. There are two agendas. One is how to solve the current financial difficulties of the company, and the other is how to enhance the company's technical strength."
The convener of the meeting, Zhang Rulin, presided over the meeting and explained the agenda of today's meeting concisely and concisely from the beginning. This was indeed his style.
Several directors represent the shareholders behind them. Faced with a "gold-eating beast" like Xintong International, to be honest, they already feel a little powerless.
"Let me say a few words."
The person who spoke was the director representing Hantang Communications. Hantang Communications is currently the largest shareholder of Xentong International in terms of shares.
"As for the issue of strengthening technical strength, I have always had an idea. We cannot just focus on the domestic area. In addition to some of the engineers brought by Dr. Zhang from Baodao, can we also think of ways to bring those who have left IBM or
Poached engineers from Texas Instruments?
As for funding, I have nothing to say. At present, listing is still far away, and most shareholders do not agree to increase capital and expand shares."
"Ahem, we didn't say we didn't agree to increase capital and expand shares. We just said that if we continue to increase capital and expand shares, we won't be able to get the funds."
Two of the shareholders can't bear the company's continuous losses. They want to transfer their shares, but no one wants them for the time being. So, there is no way for them to continue to invest money! But if others are willing to invest, they will be happy to do so. Once they have money
The company can at least hold on until it goes public, right?
"Let me say a few words." Hu Yang then expressed his opinion: "I think it is imperative to increase capital and expand shares, otherwise the company's production and operation, technology research and development will be affected. And a new round of financing may not necessarily
If it has to increase capital and expand shares for old shareholders, the company can also consider introducing new strategic investors."
Hu Yang only talked about financing suggestions and did not express any opinions on the company's enhancement of its technical capabilities.
"I agree with Mr. Hu's point of view, but when new investors are introduced, the equity cannot be discounted. Otherwise, wouldn't we, the old shareholders, lose money?"
The company's original shareholders are certainly not willing to let their own interests be harmed, even though the company's accumulated losses have exceeded 100 million yuan.
If the financial evaluation of Xintong International is re-evaluated, the net assets will definitely shrink. If it is to increase capital and expand shares according to the asset evaluation report, these people will definitely not be able to do it.
The representative of Hantang Communications glanced at Hu Yang and said: "Then we will calculate it based on the total amount of several rounds of investment. In this way, although we will not get any share premium income, we will not lose money."
Xintong (International) Integrated Circuit Manufacturing Co., Ltd., after several rounds of investment, the equity capital increased from the initial US$100 million to US$400 million.
The company now owns three large-scale wafer fabs, as well as various ancillary facilities such as office buildings, staff dormitories, and warehouses.
The company's current losses should be considered temporary losses. In the future, when the production process matures and the yield rate further increases, the cost will drop significantly.
But no one can say how long this process will take. Because Zhang Rulin's business methods are relatively radical, with a large input and large output style, the consumption of funds is too great.
Therefore, even if their own shares will be diluted, everyone still hopes to introduce new powerful shareholders.
"Dr. Zhang, in your opinion, what is the appropriate amount of financing for the company in this round?"
Hu Yang kicked the ball to Zhang Rulin.
"If you ask me, of course the more the merrier. However, if we want to develop the company as soon as possible, the introduction of another US$200 million is the minimum."
Zhang Rulin still has Xiao Jiujiu in his heart. He has just received the news that Motorola's 8-inch wafer fab in Tianjin is for sale. He wants to buy it and expand the company's scale as soon as possible.
As the scale increases, and the problems of process technology and yield rate are solved, the cost will be greatly reduced.
"Hiss..."
Several directors took a deep breath. Dr. Zhang’s appetite was too big, right?
"400 million! I propose that the financing target for this round is US$400 million."
Hu Yang's words were like adding fuel to the fire, but instead of igniting everyone, they silenced the scene.
"Mr. Hu, I'm not questioning your plan, but...who would invest so much money in our company?"
It was Zhang Rulin who broke the silence first, looking at Hu Yang with a somewhat complicated look.
"Ahem, you don't have to doubt this. Since I brought it up, I must be sure of it. Anyway, I have a way to introduce powerful investors. Now let's talk about whether you agree or disagree?"
Hu Yang plans to participate in this capital increase and share expansion in the name of Xiangjiang International Investment Company this time. He does not want to invest money bit by bit like squeezing out toothpaste. He plans to play the big game and directly invest 400 million U.S. dollars.
Xintong International "becomes fat in one bite".
Seeing that Hu Yang was serious, everyone really started to examine this proposal.
Everyone here is a person of status, and no one would joke in this way. Next is the time for all parties to weigh the pros and cons.
"I would like to express my position that we will participate in this capital increase and share expansion, but the specific amount has yet to be agreed upon. I will submit the formal opinions of Hantang Communications to the board of directors in three days."
The representatives of Hantang Communications agreed to Hu Yang's suggestion, and their company was also considering participating, but the specific plan was still uncertain.
Chapter completed!