60 Returns up to 700 times the investment
Wu Zhanhai listened to Lin Hongzhe's valuation of 20 million. To be honest, as an investor with a strong sense of superiority, he did not like such a tough entrepreneur, but he didn't say anything. Anyway, he planned to withdraw his investment. Changhong Semiconductor Company, he was optimistic, but he was not optimistic, especially Motorola will close Singapore's mobile phone factory, which is undoubtedly a heavy blow to Changhong Semiconductor, the corresponding supplier.
Feng Shaokun wrinkled inside and didn't say anything. He felt that Lin Hongzhe was a little bragging, but he still had the strength and could barely accept the valuation of 20 million.
It depends on how Wang Guanxi looks at it.
He is already planning to acquire the 5 million shares of Changhong Semiconductor that Wu Zhanhai has.
Changhong Semiconductor Co., Ltd. is a company engaged in the production and sales of semiconductor chips. Its main customers are several large companies in Europe and the United States, one of which is Motorola.
Wang Guanxi naturally knew that Motorola did not go to Singapore's mobile phone factory and continued to hold on.
Lin Hongzhe is very determined and confident. With such spirit and qualities, he is indeed an excellent entrepreneur, indomitable, confident and persevering.
So Wang Guanxi smiled and said, "I value Changhong Semiconductor Company 21 million, and then inject 7 million yuan, asking for 25% of the shares. You are responsible for the company's full rights. I do not participate in the company's operating rights or management rights."
The valuation is 21 million yuan, and the investment is 7 million yuan, which is 28 million yuan in total. I invested 7 million yuan, accounting for exactly 25%.
He will not participate in the development of the company. At most, he will provide development suggestions and let entrepreneurs play their own way. This effect is the best. While he reaps money and wealth, he will also reap talents. In the future, these outstanding entrepreneurs will serve as directors of their funds. Not only are they connected, but they have countless interest circles. When this interest ecological chain is built, it will have very strong energy.
When Lin Hongzhe heard this, he was stunned and then he was overjoyed!
Where can I find such a good investor?
It feels like a pie is falling from the sky!
Changhong Semiconductor is now facing difficulties, with a valuation of less than 20 million, but Wang Guanxi still valued him 21 million and invested 7 million at a time. He did not participate in the company's operations and management and gave him full responsibility. It was so generous.
This is a timely help!
Lin Hongzhe was moved deep in his heart. He looked at Wang Guanxi with gratitude and said, "Mr. Wang, you are the most generous investor I have ever met."
Then he personally poured a cup of tea for Wang Guanxi, who took it happily and took a sip.
After chatting for a while, Wang Guanxi looked at the time and said, "Mr. Lin, it's not too late. You go back and prepare. We will sign the contract tomorrow."
"good!"
The next day, April 5th, Saturday.
Wang Guanxi, Feng Shaokun, Lin Hongzhe and Wu Zhanhai all came to Zhonglun Law Firm.
"Mr. Wang!" Liu Zhonglun came out enthusiastically.
"Lawyer Liu, fit a contract"
"Ok!"
Soon the equity contract was drafted, and everyone signed the equity contract.
Wang Guanxi injected 7 million yuan into Changhong Semiconductor through the [Semiconductor Seed Fund] and obtained 25% of the shares. After the next few rounds of financing, he should still own more than 10% of the shares. By 2020, Changhong Semiconductor Company's market value will exceed HK$50 billion, and these shares will also be worth at least HK$5 billion. This is an investment that lasts more than 10 years, with a return rate of up to 700 times.
Wu Zhanhai felt that Wang Guanxi was stupid. Without any hesitation, he sold all his shares that were diluted to 17.8% to Feng Shaokun, at a price of HK$5 million.
Then the news came.
Motorola has stated that it will not close its mobile phone factory in Singapore.
Feng Shaokun said excitedly: "Good thing, Mr. Lin, Motorola has not closed its mobile phone factory in Singapore."
Lin Hongzhe also breathed a sigh of relief: "I was so scared before."
Wu Zhanhai began to regret it a little, but he didn't know that he would regret it even more in the future.
Wang Guanxi smiled without saying a word, everything was as expected.
Then the four of them came to a restaurant for lunch and happened to see Dong Jinfei, general manager of Luhai United Investment Company. He was wearing a white suit, very stylish, about 29 years old, and was notorious at first glance. He knew he was a young and successful person. Yes, he was a successful person. After returning from studying abroad in Waihai, he started his own career after two years of training and created Luhai United Investment Company, raising a lot of funds. He was well-known in the venture capital industry.
There is also a boy around Dong Jinfei who is about the same age as Wang Guanxi. It is Dong Jinzhe, who is a student of the Wellington School who is studying in St. Paul Class 2b with Lin Xiaoyu.
However, Dong Jinzhe was having lunch on his own, and looked at the mobile phone screen on the table with his eyes focused on his eyes. He did not find his rival Wang Guanxi. For example, the ambiguous relationship between Lin Xiaoyu and Wang Guanxi has ended, after all, one is in Hong Kong and the other is in Lu City.
"Xiaozhe, I have a friend here, come over." Then Dong Jinfei walked towards Wang Guanxi's table.
"Well" Dong Jinzhe continued to focus on his phone. He just sent a message to Lin Xiaoyu's friend Chen Xiaoyun QQ to inquire about how Lin Xiaoyu and Wang Guanxi were doing. Now he is anxiously waiting for Chen Xiaoyun to reply.
····
As for Wang Guanxi's table, everyone started chatting enthusiastically because of Dong Jinfei's arrival. Soon Dong Jinfei learned that Lin Hongzhe's Changhong Semiconductor Company had received a capital injection of HK$7 million, and he felt a little uncomfortable.
Changhong Semiconductor produces millimeter wafers and has a technology that has applied for a patent. As long as this company can be saved, it will have great potential in the future. He is very envious and wants to spend less money and have more shares. Unexpectedly, he was intercepted and regretted in his heart that the valuation should not be too low yesterday.
I learned that it was a little boy who intercepted him, so he smiled and said, "Xiao Wang, I am really an investment genius. I was still in school when I was as old as you. Oh, I am such a hero who is a boy."
Wang Guanxi obviously doesn't like being called Xiao Wang, he prefers to call him Mr. Wang. Dong Jinfei looks like I am your elder brother and senior, which makes him dislike him, so he said coldly: "Yes."
Dong Jinfei is a little embarrassed when Wang Guanxi's cold attitude. In his eyes, shouldn't this kid be modest in front of an investment boss like him?
He felt the disrespect from the little guy, like a provocative and majestic lion.
Then he changed the subject, said a few words, and asked Lin Hongzhe with a tentative smile: "Mr. Lin, do you still need to expand your funds?"
Lin Hongzhe smiled: "Mr. Dong, the funds are enough now, and you need to contact you as soon as possible if you need it in the future."
Chapter completed!