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Chapter 669 A penny beats a hero(1/2)

Chapter 669 A penny stumps a heroic man

"Boss, after the final negotiation, we invested 2 billion yuan to obtain 48% of the equity of Elbe Semiconductor. There is still only one seat on the board of directors, and the voting rights are 21%."

According to Xia Bing, the 2 billion yuan invested by Huijia International Investment in Elbe Semiconductor Equipment has not changed. The proportion of shares has increased by 3 percentage points and the voting rights have increased by 1%.

No wonder the talks were so tiring, and we almost reached the upper limit set by Populus euphratica.

"It's not easy! This result is better than I expected. I said, Mr. Xia, how did you convince Dong Yi?"

Hu Yang felt that Yi Jun was not a person who gave in easily. He was curious about how Xia Bing did it?

"Boss, to be honest, I can't really say that it's all my fault. That's it. A short-term loan from Yi Dong's company has expired. He originally thought he could delay it for a while, but he didn't expect that the other party immediately turned his back.

Youdao can defeat a heroic man with just one penny, so who makes Yi Dong short of money? So now, Yi Dong is also impatient and directly made concessions to achieve the agreement."

In this matter, the financier, namely Elbe Semiconductor Equipment, is definitely in a weak position.

Moreover, Populus euphratica's asking price is not outrageous, it just adds a few conditions based on the other party's plan.

Overall, it's pretty good, a win-win result.

"Where is Director Yi? When is he going to sign a formal agreement?"

Hu Yang's words also made Xia Bing laugh: "Dong Yi, he is more tired than me! He went back to sleep and said that the agreement will be officially signed tomorrow morning."

Also, Xia Bing is so tired, Yi Jun must not be relaxed either.

The next day.

Yi Jun represented Elbe Semiconductor Equipment and Xia Bing represented Huijia International Investment and signed a financing agreement at the investment building.

Huijia International Investment invested 2 billion yuan and became the largest shareholder of Elbe Semiconductor Equipment, accounting for 48% of the shares.

The second largest shareholder is Yi Jun and his entrepreneurial team, accounting for 32% of the shares.

The third largest shareholder is Modu State-owned Assets, accounting for 20% of the shares.

However, the actual controller of the company is still Yi Jun and his entrepreneurial team. Yi Jun occupies three of the five seats on the company's board of directors.

Huijia International Investment and Modu State-owned Assets each occupied a seat.

Regarding voting rights, Yi Junyifang has 69% of the voting rights, Huijia International Investment has 21% of the voting rights, and Modu State-owned Assets has 10% of the voting rights.

On the night the agreement was signed, Yi Jun invited Hu Yang and Xia Bing out for dinner.

"Director Yi, I originally planned to ask Mr. Wang from Modu Company to talk to you. But you were so anxious that you insisted on talking to me, and ended up exhausting me to death. If I had known this, I would have given this opportunity to Wang no matter what.

That’s all.”

Xia Bing joked while drinking.

What she said was not nonsense. There was too much work recently, and he originally wanted Wang Qingquan to take over. But Yi Jun disagreed, and he pestered Xia Bing just to reach an agreement as soon as possible.

"Mr. Hu, Mr. Xia, thank you very much. Your financing is really timely. Please rest assured that I will not let you regret investing in Elbe Semiconductor Equipment, and I will use tangible performance returns."

Everyone."

Yi Jun's drinking capacity was nothing compared to Xia Bing's, and he was actually drinking a little too much at this moment.

Hu Yang quickly gave Xia Bing a wink, meaning to stop telling others.

Xia Bing smiled brightly and simply pointed the finger at Populus euphratica. The two of them ignored the staggering Yi Jun and started drinking.

"Mr. Xia, today is almost over. Look at Yi Dong, he's already lying there."

Both Hu Yang and Xia Bing had a good drinking capacity. At this moment, they were probably six or seven points drunk, but Yi Jun had already fallen asleep on the table.

"Haha, it's not easy for him either. Boss, let's withdraw then. You are responsible for sending Yi Dong back, and I won't accompany you."

Xia Bing definitely couldn't go to see Yi Jun off alone, so Hu Yang went to pay the bill, and then asked Li Jie to take Yi Jun back to the hotel. He returned home in Wang Cheng's car.

The next day, Yi Jun didn't ask anyone to see him off. He and his companions quietly went to the airport and then flew back to Shanghai.

Now with an additional 2 billion yuan in capital, Elbe Semiconductor Equipment's first-generation plasma etching machine is about to be launched.

As for the company's board of directors seat, Wang Qingquan is temporarily serving as the director of Elbe Semiconductor Equipment, and relevant personnel, including financial supervision, are also dispatched by Huijia International Investment (Pudong) Company.

Xia Bing has finished her negotiations with Yi Jun, and another difficult negotiation is still waiting for her.

On the third day after Yi Jun left Shenhai, Liu Chenghua, the chairman of Dingcheng Precision Machinery, personally led a team to the investment building.

Out of politeness, Hu Yang met with Liu Chenghua and others in the company's conference room.

"Mr. Hu, although we are in different industries, your name is well known to me. Really, I and the employees of the company are very honored that the Huijia Department has shown a strong interest in our company."

.”

Liu Chenghua is in his thirties and appears to be shrewd and capable.

Dingcheng Precision Machinery is a family business in the true sense. The company was founded by Liu Chenghua's father. When Liu Chenghua was 27 years old, Lao Liu died in an accident and the company was handed over to him.

After Liu Chenghua took over the company, he boldly introduced outside investment and gradually established a modern enterprise system, which enabled Dingcheng Precision Machinery to achieve leapfrog development.

At present, the company's annual output value is nearly 3 billion, and it is quite well-known in the industry. The shares held by Liu Chenghua on behalf of his family account for about 70% of the total share capital, and he is still the absolute controller of the company.

However, in recent years, the development of Dingcheng Precision Machinery has encountered bottlenecks. Its technical strength and product market share have shown signs of decline instead of progress.

This is the fundamental reason why Liu Chenghua attaches so much importance to the introduction of the Huijia system.

"Mr. Liu, I am also very happy that the Huijia Department can be recognized by you. I think there will be a lot of common topics between us in the future."

Hu Yang has met many young entrepreneurs like Liu Chenghua, who are energetic, full of ideas, and unstoppable... Generally speaking, they are not easy to deal with!

However, when we met for the first time today, we all sat together and just chatted casually and did not enter into substantive negotiations.

The entire meeting lasted just over half an hour in total. Basically Hu Yang, Xia Bing and Liu Chenghua were chatting, and the other staff of Dingcheng Precision Machinery hardly spoke.

"Mr. Hu, I have a heartfelt request. I would like to visit Charming Electronics. Is it convenient? Of course, you can arrange the time. There is no rush for a day or two."

Seeing that Hu Yang had stood up and was about to leave, Liu Chenghua suddenly made an unexpected request.

Hu Yang was stunned for a moment, but then he laughed: "This is a small matter. Since Mr. Liu is interested, let Mr. Xia arrange it tomorrow and the day after tomorrow."

Of course it doesn't matter if you go and visit Charming Electronics. If it's open for you to see, it will never involve corporate secrets.

"Thank you very much, Mr. Hu!"

Liu Chenghua smiled slightly and left the conference room without any explanation.

Hu Yang returned to his office, Liu Chenghua and others returned to the hotel. In the afternoon, the Dingcheng Precision Machinery team will start negotiations with Huijia International Investment.

Xia Bing sent the guests downstairs and turned around to find Hu Yang.

"Boss, what do you think of Liu Chenghua?"

Xia Bing can be considered a well-informed person, but she can't see through Liu Chenghua at all. Liu Chenghua comes across as polite, but behind the smile, you can't guess what's going on in his heart.

What to think.

“Mr.

Although Hu Yang couldn't read faces, he had a general impression of Liu Chenghua through the first contact.

He now has some doubts about whether the negotiations with the other party can reach an agreement.

Sure enough, Hu Yang's premonition was accurate. During the initial negotiation process, the other party showed a strong desire to control.

Not to mention Huijia International's investment in Dingcheng Precision Machinery, or the establishment of a joint venture with Tuwei Precision Machinery, Liu Chenghua wanted to fight for the dominant right.

"Is there nothing to talk about?"

After listening to Xia Bing's report, Hu Yang was not angry, but felt that this matter was a bit unreasonable.

Logically speaking, Dingcheng Precision Machinery should not have such a strong mentality when facing the Huijia Group. If the other party is not sincere at all, why would Liu Chenghua personally go to the deep sea?

"It can't be said that the negotiation broke down directly, but I guess it will be very difficult. Didn't Mr. Liu want to visit Charming Electronics? Mr. Yan took him there this morning.

I have no arrangements to continue the negotiation today. Everyone should calm down for a day and see what happens tomorrow. If the other party still has this attitude, then forget it."

This company was highly recommended by Xia Bing. Unexpectedly, she was slapped in the face as soon as the negotiation started. When she faced Hu Yang, she felt a little embarrassed.

"Well, Mr. Xia, what you said makes sense. There is really no need to continue the stalemate with them. Let's put the joint venture aside for now. Tomorrow you will focus on talking to them about taking a stake in Dingcheng Precision Machinery.

This is a premise. Only when they agree can there be a basis for continuing the discussion. If they don't agree, then they will break up and everyone will go their own way."

Hu Yang took advantage of the global financial crisis to acquire Tuwei Precision Machinery Company in one fell swoop. He did not go to such great lengths just to make wedding dresses for others.

"That's it...but that's fine. At worst, I'll go back and find a partner again."

Xia Bing originally wanted to persuade her boss, but then she thought about it and realized there was really no need to compromise with the other party.

Currently, the strength and status of Tuwei Precision Machinery in the industry far exceeds that of Dingcheng Precision Machinery. There is no reason for the strong to compromise with the weak!

According to Hu Yang, the reason why he wanted to find a partner in China was because he had no experience in this area.

But experience can be accumulated slowly, and the gap in technical strength cannot be made up in the short term.

Hu Yang and Xia Bing were discussing the next negotiation plan here. Liu Chenghua took two close associates, accompanied by Yan Hanzhang, to the headquarters of Charming Electronics.

"Do you see anything?"

After following Yan Hanzhang around, Liu Chenghua quietly asked his companions when no one else was around.

"Their management is very advanced, we can feel that their work efficiency is extremely high, and everyone's work initiative is also very strong."
To be continued...
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