Chapter 168: At least 2 billion valuation, the land is not given away for free
"What Mr. Xu said is that I was abrupt this time, and it was our mistake regarding the valuation." Chen Youqing apologized sincerely.
After all, the matter of buying shares was his wishful thinking, but you can't think there is anything wrong with Chen Youqing's idea. Although their company has a special nature, their company is an investment company, and it is his task to find suitable companies for investment.
"Mr. Chen is being too modest. In my personal opinion, it is a good thing for Kirin Electric Vehicle to cooperate with your company," Xu Rang said.
"Mr. Xu, can you tell me the details of the Kirin electric vehicle?" Xu Rang's words gave Chen Youqing a glimmer of hope.
"No problem, Kirin Electric Vehicle was founded in..." Xu Rang began to introduce the situation of Kirin Electric Vehicle to Chen Youqing.
"Mr. Xu, according to you, the company has not been established yet, but your boss has already prepared the product?" Chen Youqing said in surprise.
If this is the case, Xu Rang is a tool man, specializing in sales.
"Yes." Xu Rang nodded.
If Xu Rang knew what Chen Youqing was thinking, he would definitely scold him: You are a tool man, and your whole family is a tool man. Without me, Xu Rang, working hard outside, could Kirin Electric Vehicle develop so fast?
"Mr. Xu, regarding Kirin electric vehicles, what are your strategies for dealing with competing products in the future?" Chen Youqing asked a new question after confirming that Xu Rang was a tool man.
Xu Rang is in place in terms of sales ability, but he may still be a little behind in terms of operations.
"Competitive products will not exist in the short term. Competitive products must break through our patent barriers, otherwise they will not be able to produce them. The company holds more than 270 patents, and these patents are global patents. Our company has
We attach great importance to patents, and we will not suffer the same losses that Wan Yan suffered back then." Xu Rang shook his head.
"So what are your plans for future development?" Chen Youqing was very satisfied with Xu Rang's answer. It is a good thing that Kirin pays attention to patents.
"Expand the national market within two years, and start to enter foreign countries in the third year, focusing on some small countries in Southeast Asia and Europe." Xu Rang said that this plan was set for him by Cao Mang.
"Thank you, Mr. Xu, for your answer. I wonder if it is convenient for Mr. Xu to provide your company's financial statements? I will let the company's evaluation department re-evaluate." Chen Youqing asked.
"Mr. Chen, I have to apply to my boss before I can reply to you. I can reply to you before get off work today," Xu Rang replied.
"Mr. Xu, just give me an answer when it's convenient for you. It's getting late and I have to go back to the company." Chen Youqing looked at the Seagull watch in his hand and said that the time had already reached three-thirty in the afternoon.
"Mr. Chen, I'll see you off." Xu Rang said with a smile.
Xu Rang sent Chen Youqing to the door of the company. After Chen Youqing's back disappeared from his sight, Xu Rang returned to his office.
...
At the same time, Qilin Entertainment.
Cao Mang was writing a 3G patent plan when suddenly there was a knock on the door.
"Come in." Cao Mang said.
"Mr. Cao, Director Jay Chou has already signed. All I need is your signature." Yin Tao handed the contract in her hand to Cao Mang and said.
"Sit down, let me take a look first." Cao Mang put down his work and started reading the contract.
This contract is an option contract. The contract states: Director Jay will receive dividends after working for five years. The dividends for the first five years will be paid together. If he leaves within five years, the dividends will be cancelled. After working for eight years, he will receive shares.
, become a formal shareholder of the company.
"Well, that's good. How is the development of the firm now?" Cao Mang asked after signing and closing the folder.
The law firm has been financially profitable since its establishment, so he has never asked about the affairs of the firm, but today he decided to ask about the situation on a whim.
"The firm currently has seventy-three lawyers and has taken on 373 cases since its opening. The winning rate is 93%. You should have seen the financial statements last month." Yin Tao said coldly.
Yin Tao's attitude towards Cao Mang has always been very cold, or she is so cold towards all men, except for that time when she drank too much and she became more relaxed.
However, Cao Mang didn't care very much about this. Although he also coveted Yin Tao's body, he valued the other party's work ability more.
"Wait for the lamp to stare, wait for the lamp to stare at the cold~"
"Climb up to the lantern and stare at the lantern, wait until the lantern is cold~"
"Climb up to the lantern and stare at the lantern, wait until the lantern is cold~"
"Very good, come on." Cao Mang nodded and picked up his phone.
"I'm going out first." Yin Tao said, picking up the contract and leaving Cao Mang's office.
"Old Xu, what's going on?" Cao Mang asked.
"Guizhou's state-owned assets came to my place today," Xu Rang replied.
"Then?" Cao Mang asked.
"The other party wants to invest in our company. I think this is a good thing." Xu Rang said.
"How many shares do they want? What is the plan?" Cao Mang asked.
"The other party wants 10% of the shares. The specific plan has not been discussed yet. It depends on your ideas first." Xu Rang replied.
After all, the other party didn't want to forcefully buy shares in Kirin Electric Vehicles, so Xu Rang selectively skipped the opening price of 50 million.
"There is no problem with the investment. The valuation cannot be less than 2 billion. You can discuss the specific plan with them," Cao Mang replied.
Cao Mang doesn't mind the investment of state-owned assets very much. As long as the other party doesn't want a controlling stake, the advantages outweigh the disadvantages for Cao Mang. After all, it's easy to rely on the big tree to enjoy the shade.
"Boss, isn't the valuation of two billion a bit too much?" Xu Rang was surprised when he heard the price of two billion.
"The price of two billion is not much at all. Kirin Electric Vehicle has made a profit of 70 million so far, with a profit of at least 100 million a year. Calculated at 20 times PE, it is 2 billion. This price is already very low. If it is delayed until next year
The valuation must be at least four billion," Cao Mang said.
Cao Mang's price of 2 billion is really not a joke. Based on the ultra-high growth rate of Kirin electric vehicles, external financing must be able to obtain a valuation of at least 4 billion.
"Boss, I understand. I will negotiate with them at the price you mentioned. By the way, the other party hopes that we can build a manufacturing base in Qianyang." Xu Rang said.
"It's okay to build a manufacturing base. They will take care of the land. We won't pay for the land. If it's not free, we won't have to negotiate." Cao Mang said.
Today's Qianyang is still very backward. The other party's decision to let Kirin Electric Vehicle build a factory in Qianyang is just to boost local employment. If the other party doesn't pay something, Cao Mang will not agree to build a factory there.
However, Cao Mang was very curious about the matter of building the factory. Investment promotion should be a matter of the municipal government. Why did they make such a request?
"Boss, isn't your request a bit...they probably won't agree to it, right?" Xu Rang felt that his boss was a bit arrogant, asking for money and using land for free.
"Just go and talk as I say, and they will definitely agree," Cao Mang said.
"Okay, I understand." Xu Rang replied.
Chapter completed!