Chapter 691 Surprises always happen unexpectedly

"Mr. Hu, how could I not know that you would support us? However, the investment in these two projects is in billions, and it is estimated that even 3 billion yuan will not be enough at all.

But our laser technology company’s annual revenue is less than one billion. With such a huge investment, I’m afraid I won’t be able to get it back.”

The Laser Technology Company, a subsidiary of Bolong Optics, was established too short ago and only spun off some of the company's original businesses. The focus was still on solving the light source of lithography machines.

Such a company is currently very small. How can Zhang Xiao dare to take on such a large amount of debt?

"Well, this is also a question. Should we spin off the laser technology company? I think about it this way. After the spin-off, we can raise funds extensively, and there is no need to pursue absolute control."

It is not impossible to rely solely on the strength of the Huijia Department to support the development of laser technology companies. However, the entire semiconductor industry chain is too long, and it is impossible to do everything by ourselves. This is not in line with economic laws.

"Mr. Hu, I can't make the decision on this matter. It needs to be discussed among you shareholders. But in my personal opinion, this is also a good choice."

Zhang Xiao actually feels that it is better to spin off the laser technology company if it is in his own hands. However, this matter is more troublesome to operate and requires the consent of the majority of shareholders.

"I'll go talk to them about this matter, so you don't have to worry about it. Mr. Zhang, this is a critical moment. We must concentrate on ensuring the company's normal production. You can go back to Shanghai first. After I get the results, we can talk to you again."

Breathe your breath."

Hu Yang ended his conversation with Zhang Xiao and personally sent him to the elevator.

After returning to the office, he started calling several major shareholders of Bolong Optics. Dai Xiangjun was easy to talk to, and as soon as he opened his mouth, the other party agreed.

The State-owned Assets Supervision and Administration Commission of the Capital City and the Capital City State-owned Assets Supervision and Administration Commission did not object directly. They just said that they needed to study it and would give Hu Yang a reply soon.

After putting down the phone, Hu Yang began to think about the next step of introducing investors to the laser technology company.

Ordinarily, the Institute of Optics and Mechanics is a good shareholder, and they also intend to develop extreme violet light sources. However, due to the other party's structure, it may be difficult to make real money.

In this case, it would be better to engage in technical cooperation with the other party.

But he doesn’t want to bring in financial capital, and financial capital may not be interested in this project.

There are many reasons for this, the most critical of which is that this project does not conform to the current trend.

Financial capital likes to focus on the "hot" industries. Now the Internet economy is quietly gaining interest, and funds from all walks of life are pouring in. Not many people are willing to do such a thankless project.

To be honest, technological research requires huge financial support. Whether it can succeed or not is uncertain, and it is indeed not the darling of capital.

Hu Yang was a little confused for a while, so he decided to wait for the two shareholders to reply.

In fact, whether the two state-owned units agree or not will not affect the final decision. After all, their shares in Bolong Optics are very small.

But Populus euphratica must first seek the other party's opinion, which is also a sign of respect for others. This is called courtesy first, then attack. If the other party really disagrees, then they can only force it through.

As a result, only one day later, the person in charge of the state-owned assets in Beijing and the person in charge of the state-owned assets in Shanghai called Hu Yang back.

What surprised him was that the two shareholders not only agreed in principle to Hu Yang's proposal to increase capital and expand shares of Bolong Optical (Laser Technology) Co., Ltd., but also clearly wanted to participate in this financing.

Of course Hu Yang would not refuse. He told the two shareholders that Bolong Optics would soon hold a board meeting to discuss specific plans.

"Mr. Xu, the situation is like this. You suggest convening a board meeting to reach an agreement with all directors on this issue as soon as possible."

Hu Yang then discussed with Xu Younian for a long time on the phone, finalized some principle issues, and then asked Xu Younian to attend the board meeting on his behalf.

The venue of this meeting was still in the capital. Hu Yang was not going to go, so Xu Yougen was asked to do the work.

"Mr. Hu, please rest assured that I will definitely handle this matter. In addition, Nikon's representative Kitahara Kurasuke has contacted me several times and said he wanted to talk to us. What is your opinion?"

Hu Yang was relieved to leave this kind of matter to Xu Younian.

Xu Younian himself didn't think there was anything wrong. Isn't it just a capital increase and share expansion for a wholly-owned subsidiary? Instead, it was Nikon's attitude that made him a little confused.

"What new ideas do they have? As soon as North America put pressure on them, they ran faster than a rabbit and severed their relationship with us. Do they regret it again?

Mr. Xu, please leave this matter alone and concentrate on getting the laser technology company's shares increased. If Kitahara Kurasuke calls again, ask him to go to Mr. Zhang."

Hu Yang has no intention of completely falling out with Nikon. Most of the so-called business partners will go their separate ways when disaster strikes, so there is nothing he can't figure out.

But now there isn’t much to talk about with Nikon. Do they still dare to openly oppose North America? To be honest, if Nikon is suppressed by North America, their ability to withstand pressure is really not as good as the Huijia series.

"Okay, I understand. Mr. Hu, if there is nothing else, I will hang up first. If there is any situation here, I will report to you in time."

Xu Younian understood what Hu Yang meant, and then asked Kitahara Kurasuke to find Zhang Xiao. He immediately began to convene an extraordinary board meeting to discuss the laser technology company's capital increase and share expansion plan.

Next, Hu Yang did not continue to pay attention to these things.

He now listens to reports from Xia Bing and Mu Shaoqing almost every day to keep abreast of the progress of domestic substitution.

On the other hand, he and Liang Yu are actively looking for ways to raise funds. They must not only expand the scale of high-tech venture capital funds, but also help Minkang Communications issue bonds in the capital market.

Half a month later.

Mingkang Communications successfully issued 46 billion yuan of corporate bonds, and the purpose was just as Gao Mingkang said, all of which were used for technology research and development.

During this period, the board of directors of Bolong Optics also passed a resolution agreeing to the private placement of the company's wholly-owned subsidiary, Bolong Optics (Laser Technology) Co., Ltd.

According to the agreement on capital increase and share expansion, this round of capital increase and share expansion adopts the form of private placement. There are two counterparties to the additional issuance, namely Jingcheng State-owned Assets and Modu State-owned Assets.

Jingcheng State-owned Assets and Modu State-owned Assets each subscribed for 20% of the equity of the laser technology company, with each investment amount being 1.5 billion yuan.

In other words, Laser Technology Company suddenly obtained 3 billion yuan in capital, and its strength has been greatly enhanced.

Hu Yang looked at the agreement that Xu Younian brought over in person and felt very satisfied.

"Mr. Hu, this time Beijing State-owned Assets and Magic City State-owned Assets have provided us with great support. I didn't expect them to be so generous and invest so much money in one go.

Next, we will immediately start jointly developing deep violet light sources (upgraded versions) and extreme violet light sources with the Institute of Optics and Mechanics."

Xu Younian felt that Hu Yang’s reputation was the most important, and he solved the laser technology company’s financing problem with just two phone calls.

Hu Yang will not take credit. This should be the national industry-oriented policy support and has little to do with his face.

"Mr. Xu, your financing work this time is very efficient. I hope that the next research and development work will also proceed smoothly.

By the way, didn't you say last time that Kitahara Kurasuke was going to find Mr. Zhang? What did you say about this? What's the situation at Nikon?"

Hu Yang never bothered to ask Nikon what the purpose of sending Kitahara Kurasuke was. Xu Younian and Zhang Xiao were too busy with a lot of things to do, so they didn't bother to report.

I happened to meet Xu Younian today, and Hu Yang asked casually.

"Mr. Zhang didn't tell you? In fact, it's not a big deal. It's just that after Nikon cut off the supply, I felt a little regretful.

Kitahara Kurasuke said that Nikon hopes to find other ways to continue cooperation with us, including establishing a joint venture. However, we have not responded to the other party yet, so we should give them a cold shoulder first."

Xu Younian and Zhang Xiao were obviously a little opposed to this kind of bipolar behavior, but they didn't say anything, and the matter just dragged on.

"What are they doing? They act like thieves. Next time the other party comes to you, tell Kitajima Kurasuke that it is not impossible to establish a joint venture, but technology transfer is required.

I’m not saying that they are really too conceited. We just made a technological breakthrough in objective lens technology, and they took the initiative to come to us. What a coincidence."

Hu Yang finally figured out that Nikon was afraid of North America, and on the other hand it was reluctant to let go of its two major customers, Braun Optical and Microelectronics Equipment.

But the way they are doing it is simply not going to work.

Xu Younian smiled knowingly. The so-called technology transfer was just an excuse to reject the other party tactfully.

Nowadays, Bolong Optics has made major technological breakthroughs in objective lenses and does not care much about cooperation with other parties.

If the other party really wants to be sincere, they have to come up with something substantial. Who wants to play this game with them if they cut off supply and then resume supply?

"Mr. Hu, I will fly directly to the Automobile City tomorrow morning. There should be no problem with the cooperation with the Institute of Optics and Mechanics. We just lacked funds before."

Xu Younian left a copy of the Laser Technology Company's capital increase and share expansion agreement with Hu Yang, and then left.

It has become a habit for these people to fly around in the sky all day long. They sleep in the hotel at night and have to fly long distance tomorrow morning.

"Assistant Wu, please file this agreement." Hu Yang handed the agreement to Wu Xinhui and asked her to store it. "Also, you and Ajie prepare and go to Xiangjiang with me at noon."

This afternoon is the day when the Chen Jialin case will be heard again.

Originally, the trial was supposed to be held next month, but the judge firmly refused to allow Chen Jialin to leave the country, so the legal team worked hard to get the opportunity to hold the trial in advance.

After lunch at the restaurant upstairs, Hu Yang took Wu Xinhui, Li Jie and others to Xiangjiang.

As soon as he passed the customs, he received a call from Guo Bingkun.

"Mr. Hu, will you come to Xiangjiang today?"

Guo Bingkun also knew about Chen Jialin's court session, so he judged that Hu Yang would come.

"Well, I just passed the customs and have already arrived in Xiangjiang. Mr. Guo, where are you? If you are not busy, let's meet at the gate of the court?"

Hu Yang and Guo Bingkun are not too polite. Guo Bingkun has provided a lot of help to him over this period of time, and he should express his gratitude in person.

"Mr. Hu, I won't go. It's not good for me to directly come forward on these matters. What I mean is, after the trial is over, don't rush back to the deep sea. Let's find a place to sit and have a drink. Look.

How's it going?"

Guo Bingkun will not be shy of the Li family, but he will not be able to openly support Chen Jialin.

"Haha, I didn't think carefully. Mr. Guo, I will give you a call after the court hearing is over, and we will arrange a meeting place then."

Hu Yang laughed. He didn't mean to cause problems for Guo Bingkun, but he suddenly didn't consider the other party's identity.

After hanging up the phone, Hu Yang and his party quickly arrived at the court.

Today's court hearing is allowed to be attended. Hu Yang has made an appointment in advance and passed the review, so he can naturally walk in with great swagger.

Hu Yang and the others sat there for about ten minutes before Chen Jialin, the lawyer, the prosecution, the judge and others arrived.

Then, the trial began.
To be continued...