Chapter 302 A heavy reward of five million

Lu Yali thought for a while and then said: "Mr. Hu, we have to consider the matter of Shengyi Electronics' equity participation in the long term. It doesn't matter much. If we let the latecomers turn against customers, we will make some miscalculations."

Hu Yang smiled and said: "This problem does not exist. No matter how much money they are prepared to invest, there must be a prerequisite, that is, they cannot seek control of Charming Technology. I want to firmly control this company.

In the hands of."

When he first initiated the establishment of Charming Technology, Hu Yang had already stated that he needed to have absolute control over the company. Therefore, even if additional shareholders were introduced, this condition would not change.

"Mr. Hu, the R&D building of Charming Technology has been completed? You didn't hold a completion ceremony or anything. It's better to choose a different date. How about we go and take a look later?"

When the R&D building of Charming Technology was completed, Hu Yang happened to be in Shanghai. Yan Hanzhang and Huang Tao held a ceremony, but none of the shareholders came, except Chen Jialin, who came to cheer.

"It's just a research and development building. It's not a big deal, so there's no need to publicize it in a big way. Besides, you, Mr. Gao, and Sister Lu are both busy people, and you weren't in the deep sea at that time. Come on, let's go there now.

"

Hu Yang immediately stood up and accompanied Gao Mingkang and Lu Yali to the newly completed R&D building of Charming Technology.

"Mr. Hu, you are really willing to invest money in research and development. The facilities and software of Mingkang Communications' R&D institution are far worse than the conditions here."

After visiting the R&D building, Gao Mingkang was very emotional. Although the conditions of software and hardware cannot represent the level of scientific research, they will always promote various tasks.

"Mr. Gao, Sister Lu, have you seen the vacant land next to it? That land was approved for the construction of an office building. However, the company currently does not have sufficient funds, so it is left there."

The scientific research building occupies a large area and is divided into one main building and two auxiliary buildings. The main building has 16 floors above ground and two floors underground, which can ensure the future development needs of the R&D center.

However, so far, the office building of Charming Technology has not started construction, and Hu Yang plans to postpone it until the end of the year or early next year.

"Oh, Mr. Hu, I'm not talking about you. How much money can an office building cost? Besides, doesn't this land have to be built within the time limit? You can't let others take it back, can you?"

Lu Yali knew that Populus euphratica was just trying to make a time difference. The requirement for this land was that construction must start within two years, otherwise it would be taken back unconditionally.

"Hey, what I lack now is time."

Hu Yang also did not explain that the efficiency of fund utilization is sometimes reflected in all aspects, and a lot of things can be done within a two-year time difference.

"That's it for today, Mr. Hu. We have reached an agreement on the principle issues. You can go back and talk to Shengyi Electronics. If you encounter any specific difficulties, we will discuss it then."

Gao Mingkang and Lu Yali said goodbye and left, completely handing over the power of negotiation to Hu Yang.

On the one hand, this is due to the two people's trust in Populus euphratica, on the other hand, this is Populus euphratica's strength.

Ten days later, Yan Hanzhang and others came up with a feasibility study report on investing in the construction of a memory chip factory.

The release of this report received strong support from the project department and risk assessment department of Huijia Holdings, and also consulted the opinions of "factory construction expert" Zhang Rulin and "technical expert" Meng Rusong.

Hu Yang believes that this report has very important reference value.

According to Meng Rusong, technical problems are not unsolvable. It would be best if Toshiba agrees to transfer technology. If the other party does not agree, then it can do it itself.

However, the amount of investment is a bit scary. A conservative estimate is that the investment in the first phase of building the factory will be around US$1.5 billion.

Domestically speaking, this investment has exceeded 10 billion yuan. At this stage, it is definitely a big deal.

After Hu Yang carefully studied this report, he began to consider the issue of Shengyi Electronics' equity participation.

Investing in building a factory and producing memory chips by itself is a prerequisite for agreeing to participate in Shengyi Electronics. Without this, why would Charming Technology introduce new shareholders?

"Director Chen, I have discussed your proposal with all the shareholders of the company. In principle, no one objects to it. Next, let's do this. Each of us will send a negotiation team. When we have a clear idea, we will meet again to finalize it.

The last condition. What do you think?"

Hu Yang made a call to Chen Hao, and the initial negotiations could be left to his subordinates. This way, both of them would have more room for maneuver.

"Mr. Hu does things neatly and neatly. I have no objection. I will do as you say."

Since they had no objections, Hu Yang and Chen Hao started to form a negotiation team after talking on the phone.

In view of the lack of talents in this field in Charming Technology, the negotiation team was composed of some people transferred from Huijia Holdings and Huijia International Investment (Deep Sea) Company.

The person in charge of Hu Yang's negotiation was Wan Qingshan, the manager of Deep Sea Company. The project department of Huijia Holdings also sent several people over, and Yan Hanzhang and Huang Tao served as consultants on professional and technical matters.

However, this negotiation is destined not to be concluded in a short time, after all, it involves Shengyi Electronics, a listed company.

Hu Yang predicts that reaching an agreement within half a year will be considered fast.

"Mr. Hu, so far, the company has designed two memory chips. One of them can be used for MP3, and the other can be used for USB disks. We have signed an OEM contract with Xentong International. Next month the company

Products that come off the production line can use these two chips."

Regarding the introduction of new shareholders by Charming Technology, it has little to do with Yan Hanzhang and the others. The company's R&D center finally has two finalized R&D results.

"Mr. Yan, congratulations to everyone. To be honest, your progress has exceeded my expectations. We must give generous rewards to the researchers who have made contributions, including you and Director Huang. No one can be left behind."

Hu Yang invested a large amount of money into research and development, and now he is finally starting to see results. No wonder he was a little excited. With a wave of his hand, he approved a bonus of five million yuan to reward these technicians.

"Haha, I would like to thank Mr. Hu on behalf of everyone. By the way, Mr. Hu, do you have any idea about investing in building a factory?"

Yan Hanzhang doesn't care much about bonuses or anything like that. What he is most concerned about right now is investing in building a factory.

"I'm anxious but I can't eat hot tofu... Don't worry, this matter will be resolved within half a year."

Hu Yang knew that Yan Hanzhang had always advocated cooperation with Toshiba, and he was inclined to build a joint venture with Toshiba. His idea was not wrong, but if the other party did not agree to transfer technology, Hu Yang would not consider such a joint venture project.

"Okay, then I'll do my own thing first."

One good thing about Yan Hanzhang is that although he is a bit radical in doing things, he never likes to worry about gains and losses. Since his boss won't talk about it, he put aside the cooperation with Toshiba and devoted himself to the company's production and operation.

As the memory chips independently developed by Charming Technology are gradually produced, the company's main products, MP3 and USB flash drives, all use its own core components.

Through feedback from the market, the design of these two chips is very successful, and their performance is even better than previous imported products.

What's even more gratifying is that the cost of the product has dropped a lot. According to estimates, after using self-designed memory chips, the company's net profit will increase by about 13% to 17% compared with before.

Negotiations with Shengyi Electronics are still continuing. The other party plans to invest US$500 million and hopes to obtain 60% of the equity of Charming Technology.

In other words, the company valuation given by Shengyi Electronics is approximately US$334 million.

When Charming Technology was founded, its registered capital was US$100 million. The company's current net assets are US$167 million, which means that Shengyi Electronics has given a valuation twice the net assets.

"Manager Wan, the other party's offer is not sincere. According to the current trend of Charming Technology, the annual compound growth rate is at least 30%. I may be able to reach a net worth of more than 300 million US dollars in less than three years.

, then why should I let them take shares?"

Hu Yang wasn't angry either. It was just a matter of negotiation. If you ask for a high price, you can pay the money back on the spot. If you really can't reach an agreement, just break up. That's okay.

"Okay, I understand. Mr. Hu, Mr. Yan and Director Huang all said that Charming Technology will soon expand its production scale because the sales of the company's products in the market have increased dramatically and demand exceeds supply."

Wan Qingshan actually suggested that Hu Yang increase his investment in Charming Technology. Negotiation is one thing, and the normal operation of the company is another.

After Wanqingshan left, Populus euphratica had a new idea.

"Mr. Chen, do you want to make time to get together today? I have something I want to discuss with you."

Hu Yang picked up the phone and dialed Chen Jialin.

"Okay, let's do it in the evening. Let's find a place to have dinner together after get off work."

Chen Jialin smiled, then thought of a restaurant, put down the phone and asked his secretary to book a private room.

After get off work, Hu Yang took Lin Yan to this seafood restaurant.

"Come on, brother Hu, I just finished ordering. Take a look. Is there anything you need to add? We are lucky. We have three-headed abalone and Australian lobster today."

When Hu Yang walked into the private room, Chen Jialin and his secretary had already arrived early.

Chen Jialin winked, and his secretary was about to leave. As a result, Lin Yan was stunned, thinking that the two bosses had something private to discuss, and she was also preparing to avoid it.

"Mr. Chen, let them sit down and eat together. Today I want to talk to you about Charming Technology. Let's talk while eating."

Since the conversation was about business, there was no need to let them go out.

The secretary and Lin Yan then stayed and took over the duties of the waiter, each serving their own boss.

"Brother Hu, is it about Charming Technology?"
Chapter completed!