59 The resolute and confident Lin Hongzhe
Wang Guanxi immediately said: "Mr. Wu, how much is the price? If it is suitable, I will consider it."
Currently he owns HK$50 million, but he needs to buy stocks of a mainland giant. At present, he will not spend too much money to acquire shares of Changhong Semiconductor Company because this is a long-term investment. Wang Guanxi now urgently needs to make money and quickly make the funds reach HK$100 million, or even HK$200 million. Then on September 14, before the financial crisis swept the world, he used 100 times of leverage to short the Hang Seng Index and became a rich man in one fell swoop.
So he would not spend too much money to acquire Changhong Semiconductor Company. Even if he acquires the 23.8% stake in Wu Zhanhai, he still needs to inject capital into Changhong Semiconductor, which will consume the funds he has.
Wang Guanxi will at most take out 6 million yuan in funds.
At this time, Wu Zhanhai thought about it and stretched out five fingers and said, "5 million."
He invested 5 million in the first place, but now he can recover 5 million. Currently, Changhong Semiconductor's valuation is 21 million.
"I invested 5 million at that time, and now I just need to return 5 million."
Wang Guanxi smiled and said, "Mr. Wu, didn't you just say that Changhong Semiconductor Company has many European and American customers, has unique patents, and is the leader in the Hong Kong semiconductor industry. In the future, it will be the dominant part of the Asian semiconductor industry. Why are you so anxious to sell its equity?"
Feng Shaokun also smiled and said, "Yes, Brother Wu, since he is the leader of the semiconductor industry in the future, why are you so anxious to sell your equity?"
He also has some interest in Changhong Semiconductor, but he is not a fool either.
Wu Zhanhai thought for a while: "To be honest, Changhong Semiconductor Company is currently facing difficulties. Today, Lin Hongzhe, the founder of Changhong Semiconductor, called me to ask me to invest additionally to solve the company's difficulties, but I am also short of liquid capital now, so I politely refused."
After thinking about it, Wu Zhanhai continued: "To be honest, Changhong Semiconductor Company has great potential in the future. If I hadn't been short of liquidity, I would definitely not have sold it."
Now Motorola may want to close its mobile phone factory in Singapore, and Changhong Semiconductor is the supplier of Motorola's Singapore mobile phone factory!
Changhong Semiconductor was already in trouble, but now the situation is worsening.
Now Wu Zhanhai just wants to evacuate as soon as possible.
Wang Guanxi asked again: "Mr. Wu, how much funds does Changhong Semiconductor need now to solve the dilemma?"
If he takes over 23.8% of Wu Zhanhai's shares, it will cost HK$5 million. If the capital is added, it will probably cost more than 10 million. Wang Guanxi feels it is unpaid, as this will delay his accumulation of funds. He must accumulate enough funds before September 14th.
Wu Zhanhai thought for a while and said, "You can talk to Lin Hongzhe, the founder of Changhong Semiconductor."
"OK"
Then Wu Zhanhai called Lin Hongzhe and asked him to come over, saying that there were two investors here.
We soon agreed to meet at a nearby coffee shop.
An hour later, Lin Hongzhe rushed here. He was wearing a black wallet and his eyebrows were filled with sorrow. When Feng Shaokun saw Wang Guanxi, he was a little expectant and nervous.
These two investors are already the third batch of investors they meet today, and the first two batches of investors have not reached an agreement.
Although he knew that the chance of investing was not high, he still wanted to come.
"Please sit down by Mr. Lin"
"Hello, Mr. Lin, please sit down"
"Thank you" Lin Hongzhe sat down, a little restrained. He felt that no investor was easy to serve, there would be no investors who could help in time, only investors who were icing on the cake.
Then Wu Zhanhai gave Wang Guanxi and Feng Shaokun a detailed introduction.
Lin Hongzhe is a PhD and has held several nonvolatile memory technology development positions in leading semiconductor companies such as simtek corporation.
He also holds a Bachelor of Science and Master of Science in Electrical Engineering from MIT and a PhD in Electrical Engineering from 92.
He is indeed a very capable and capable person.
Lin Hongzhe was also very shocked at the young Wang Guanxi, but when he thought about it, he understood the problem.
This must be a very rich child at home, and he started learning to invest since he was 16 years old.
After everyone talked, Wang Guanxi asked: "Mr. Lin, how much money does your company still need to solve the current dilemma?"
Lin Hongzhe said truthfully: "HK$7 million"
Currently, Changhong Semiconductor’s customers have been hit by the subprime mortgage crisis, and as a supplier, it is naturally affected. Motorola is planning to close its mobile phone factory in Singapore, which is undoubtedly a step further.
After thinking about it, he continued: "A company from Lu City, mainland China planned to inject 5 million yuan and ask for 25% of the shares, but I haven't agreed yet."
Changhong Semiconductor Company's valuation is 21 million, while Luhai United Investment Company, which comes from Lucheng City in the mainland, is only valued at HK$15 million, and then invested 5 million to demand 25% of the shares. He also put forward strict requirements. He has not agreed and said that he would consider it for a few days.
If the conditions given by these two investors were better, he would reject Luhai United Investment Company.
Wang Guanxi and Feng Shaokun looked at each other for a while and fell into deep thought.
Wang Guanxi asked: "What is the company in the mainland called?"
Lin Hongzhe spoke: "Luhai United Investment Company"
When Wang Guanxi heard this, he found that it was indeed Luhai United Investment Company. The company later invested in Changhong Semiconductor and became a big winner.
Fortunately, Lin Hongzhe has not agreed yet.
But in the end, Lin Hongzhe was helpless and agreed to the conditions of Luhai United Investment Company.
Now, I am the winner.
Wang Guanxi then asked, "Mr. Lin Hongzhe, how much do you think Changhong Semiconductor can be valued now?"
Lin Hongzhe thought for a while and asked, "Mr. Wang, are you planning to inject capital?"
Wang Guanxi: "Well, yes, how much do you think Changhong Semiconductor is worth now?"
Lin Hongzhe gritted his teeth and felt that the little boy Wang Guanxi might not be very familiar with the situation, so he decided to tell Wang Guanxi a truth. He said: "Now Motorola's business is in a loss and may close Singapore's mobile phone factory. As one of its suppliers, I admit that this has a great impact on Changhong Semiconductor, but I believe that I can find better customers because our patent advantages are..."
He said a lot, and finally said that Changhong Semiconductor is worth 20 million!
After saying that, Lin Hongzhe looked at Wang Guanxi and Feng Shaokun nervously, and gritted his teeth and said firmly: "I have already mentioned the specific situation of the company. I think Changhong Semiconductor is worth at least 20 million!"
Chapter completed!