I can become stronger by paying salaries. I have one billion employees!
Chapter 196: Valued at $180 billion, the 3rd largest shareholder!
Chapter 196: Valued at $180 billion, the third largest shareholder! (Seeking monthly votes)
When Chen Yansen arrived in Luzhou, it was already dark.
The three cars slowly drove into a five-star hotel near the Central Secretariat. He had arranged to meet Tao Jingwen the next morning.
After everyone completed the check-in procedures, Chen Yansen walked in front, followed closely by Meng Jie and Gao Weilin, and then a financial analyst and a legal advisor, making a total of eleven people.
Upon seeing this, the guests in the lobby all turned their heads and looked over.
Although Chen Yansen looks extremely young, his aura is not to be underestimated.
"Who is this Bixia Gate? Could she be some popular celebrity? She's got a dozen assistants following her around."
"It looks familiar, but I can't remember where I've seen it before."
"It looks like Chen Yansen, the boss of Orange Technology? Dad, it really is him! I'm going to get his autograph!"
A little girl in the rest area suddenly slapped her forehead, recognized Chen Yansen, and started to run towards the elevator.
"Don't go! You can't catch up. Anyway, we're staying at the same hotel, and we'll have another chance tomorrow."
The father reached out to stop him.
"Well, he's actually even more handsome in person than in photos," the girl remarked with a grin as the elevator doors slowly closed.
“He’s a big boss, not some minor celebrity. What good is being handsome? A man needs money to be truly useful,” the father said with a helpless smile.
“But he’s very rich too,” the girl retorted.
the other side.
Chen Yansen entered the room and had just put down his luggage when he heard a knock on the door.
Under his limited divine sense, the silhouette of a petite girl appeared in his mind.
Chen Yansen walked over, opened the door, and asked, "Why aren't you resting?"
"I want to go out for a walk," Mengjie said with a smile.
"Where to?" Chen Yansen asked noncommittally.
"Is the pedestrian street okay?" Meng Jie looked at Chen Yansen with eager eyes and a hopeful expression.
This was the first time Chen Yansen had taken her on a business trip.
“Okay, go back and change your clothes. Wear the outfit I gave you for your birthday last time.”
Chen Yansen readily agreed and then made a request.
"Uh, I didn't bring it." Meng Jie blushed and quickly made up an excuse.
"Really? I don't believe it."
Chen Yansen squinted and stared at Meng Jie.
Mengjie felt a little guilty under his gaze, and finally had no choice but to admit defeat: "I'll wear it for you tonight, okay?"
"Okay." Chen Yansen nodded in satisfaction, put his arm around Meng Jie's shoulder, and walked towards the elevator.
In his previous life, he went to Shanghai after graduation, and only passed through Luzhou two or three times on business trips, so he had no impression of the place.
The two drove out of the hotel and sped along Huangshan Road toward the pedestrian street.
At that time, the housing price in the core area of Luzhou was only a little over 6,000 yuan, but seven years later the average price soared to 20,000 yuan.
For the vast majority of ordinary people, seizing the best time to buy a house means winning half the battle in life.
Buying in 12 and selling in 19, the profit is at least three times.
Of course, if you buy in 19 and sell in 24, you've already lost more than half of your life.
"The house my dad bought for me is in that building right in front."
As they passed Galaxy Park, Mengjie pointed to a building ahead and said with a smile.
Meng Zhenguo originally thought his daughter would repeat a year and continue to try for a university in Luzhou, but he didn't expect that she would insist on going to Xucheng for the sake of Chen Yansen.
As a result, the house, which I bought two years ago, can only be rented out.
Chen Yansen felt a warmth in his heart. He knew that Meng Jie's sacrifices for him were a bit silly and foolish.
However, the words that came out of his mouth were different: "Our dad has a good eye. It's no problem for the property prices in this area to rise to 20,000 in the future."
"Who's your dad? You just talk nonsense." Meng Jie smirked and punched Chen Yansen.
The two parked their car nearby and walked straight into the pedestrian street where the neon lights were just beginning to rise.
……
……
The next morning.
Chen Yansen dressed neatly and went to the second-floor restaurant with Meng Jie.
Gao Weilin and others, dressed in suits and exuding an elite air, sat around two round tables, eating breakfast and discussing preparations for the upcoming work.
"Chen Yansen, could you please sign your autograph for me?"
Just then, a little girl wearing a white sweater suddenly came over, holding an Orange C2 mobile phone in her hand.
She spoke so softly that she went unnoticed by others.
"Orange C2, there are only 300 engineering prototypes in total, you're pretty fast."
Chen Yansen took the pen handed to him and joked with a smile.
"Actually, I paid an extra 2000 yuan to buy it from a scalper," the girl chuckled and confessed.
2000 yuan?
The gross profit of an Orange C2 is less than 400 yuan, but the scalpers earn more than me.
Chen Yansen chuckled and looked up at the girl.
She was eighteen or nineteen years old, tall and slender, with two shallow dimples on her cheeks when she smiled, long chestnut hair, and delicate features, looking like a college student.
"My name is Xu Jiujiu, Xu as in two people and Jiu as in beer. I want a signature that says: May Xu Jiujiu stay 18 forever."
The girl looked at Chen Yansen with anticipation.
Chen Yansen looked at the palm-sized orange C2. How could this thing possibly hold so many words? He casually wrote the character 'Sen' and returned it to Xu Jiujiu.
"Ah!? That's it! That was fast!" Xu Jiujiu took the phone, full of doubt.
But when she saw the words on the back of the phone, she immediately wanted to chase after them. She had clearly asked for a signature, but the other person had only written one word.
Chen Yansen had no time to pay attention to her. After having breakfast with Meng Jie, Gao Weilin and others, he went out, got into the car, and drove towards the Central Secretariat.
Ten minutes later, we arrived at our destination.
Tao Jingwen, accompanied by a subordinate, sat calmly in the rest area by the entrance. Only after he caught a glimpse of Chen Yansen's license plate did he straighten the wrinkles in his collar and stride over to greet him.
Chen Yansen stepped out of the car and saw a middle-aged man wearing glasses and standing over 1.8 meters tall smiling at him.
"Hello Mr. Chen, I am Tao Jingwen."
Tao Jingwen extended her hand and greeted her. "Secretary Tao, it's a pleasure to meet you," Chen Yansen replied politely, shaking her hand and exchanging pleasantries.
The other party's position in Luzhou is equivalent to Song Siming in the TV series "Dwelling Narrowness." He may appear to be just a minor secretary, but he wields considerable power.
"Mr. Chen, the main partners participating in the equity swap today are Wang Qingsheng from Luzhou Construction Investment and Xu Minggang from Xincheng International. Our central department will not interfere with the specific valuation and swap ratio between the two parties. Let's keep it business and discuss it slowly."
After the pleasantries were over, Tao Jingwen immediately tensed up and solemnly stated her position.
“Sure, no problem.” Chen Yansen nodded slightly.
What he wanted from Jingdongfang was a voice, not a controlling stake, so he naturally wouldn't make things difficult for Meng Yuanzhi.
Seeing that he was clear-headed, Tao Jingwen's opinion of Chen Yansen instantly rose to a higher level.
The group moved slowly forward and arrived at a bright and clean conference room.
A long, curved table sits across the center of the room.
The bookshelves, plants, teacups, and projector are all placed in an orderly manner, giving a sense of meticulous planning at a glance.
By the window, there were representatives from both sides, about ten people in total.
"Mr. Chen, this is Mr. Wang Qingsheng from Luzhou Construction Investment Group, and this is Mr. Xu Minggang from Xincheng International."
Tao Jingwen stood in the center of the three representatives and slowly introduced the situation.
"President Wang, President Xu!" Chen Yansen greeted them with a relaxed smile.
Xu Ming just burst out laughing, leaned forward, grabbed Chen Yansen's right hand, and responded enthusiastically: "The young people in our Huian Province are truly outstanding. I've heard the name of President Chen so many times that it's become calloused. Today, I'm finally able to meet him."
"Mr. Xu, you're too kind. You're a senior, and I still have a lot to learn from you in business."
Everyone can put on a show, and although Chen Yansen had never heard of Xu Minggang, he wouldn't act arrogantly since the other party was giving him face.
Wang Qingsheng from Luzhou Construction Investment raised his eyelids slightly, hummed in agreement, and remained seated.
Chen Yansen sneered inwardly and didn't bother to pay any attention to the other party.
Tao Jingwen frowned; he hadn't expected Wang Qingsheng to be so tactless.
This equity swap transaction is related to whether Orange Mobile's factory can be located in Luzhou. This is a key move by their own boss. Who is Wang Qingsheng trying to impress by showing such a bad attitude?
Thinking of this, Tao Jingwen squinted her eyes and secretly memorized it without making a sound.
"Yi Dongfang is valued at 600 billion, while Orange Technology's valuation during its last round of financing was 90 billion US dollars, which is equivalent to Yi Dongfang's market value. In a one-to-one exchange, on behalf of Luzhou Construction Investment Group, I can only give you a maximum of 3%."
Wang Qingsheng sat in the chair, talking to himself about his conditions.
"Mr. Xu, let's sit down and talk slowly." Chen Yansen ignored Wang Qingsheng and instead chatted and laughed with Xu Minggang.
Upon seeing this, Tao Jingwen couldn't hide the smile on his lips. He hadn't expected Chen Yansen to be so tough, showing no respect to Wang Qingsheng at all.
"Mr. Chen, please don't misunderstand. Our Xincheng International values Orange Technology at 160 billion US dollars. Regarding the equity swap ratio, within my authority, I can offer a maximum of 6%."
Xu Ming had just sat down when he got straight to the point.
To put it bluntly, this equity swap transaction was nothing more than a formality.
After all, Meng Yuanzhi had given instructions, and Xu Minggang had no reason to offend Meng Yuanzhi for the sake of a small amount of shares in Di Dongfang.
Compared to Wang Qingsheng's valuation offer, Xu Minggang's offer was clearly more sincere.
At this point, Orange Technology's valuation, whether based on the price-to-sales ratio or the price-to-earnings ratio, was generally between US$150 billion and US$180 billion.
"Mr. Xu, I have no objection to the market value of Jingdongfang, but I have a more reasonable valuation model for Orange Technology."
Chen Yansen said calmly.
Gao Weilin, who was standing to the side, took out his computer and opened a document. This was a valuation model he had created based on Orange Technology's financial, market, product, and economic data from last year.
While explaining, Gao Weilin casually raised the valuation to 180 billion US dollars.
Xu Minggang felt the offer was a bit too high, so he turned his attention to the financial analyst at Xincheng International.
The other person's eyebrows furrowed, and only after listening to Gao Weilin's explanation did he nod slightly to Xu Minggang in agreement.
"I have no problem with that. I wonder how many shares of Di Dongfang Mr. Chen would like?"
Xu Minggang tentatively asked.
“Since Mr. Xu has said so, I will naturally take them all,” Chen Yansen replied with a smile.
The 6% plus the original 4.9% brings the total to 10.9%.
It can be said that, apart from the two investment companies in Yanjing, Senlian Capital's shareholding ratio is already the third largest shareholder of Di Dongfang.
In the future, they will have more confidence in terms of LCD panel supply and purchasing bargaining power.
By swapping shares and forging a deep partnership, Chen Yansen can gain more say in the supply chain.
Wang Qingsheng snorted coldly, his face showing some embarrassment.
He had promised Meng Yuanzhi yesterday, and his behavior just now was just an attempt to gain the upper hand and lower the price, but he didn't expect Chen Yansen to show him no respect at all.
This put him in a dilemma. If he left, he would offend Meng Yuanzhi; if he stayed in the conference room and watched Xu Minggang and Chen Yansen chatting and laughing, he felt a burning pain on his face.
Tao Jingwen took a look at all of this, thought for a few seconds, and then stepped in to smooth things over: "President Chen, this won't do! Dongfang is a key investment industry in the city. I think it would be more prudent for each company to contribute 3%."
As he spoke, he gave Wang Qingsheng a wink.
“Secretary Tao is right,” Wang Qingsheng echoed.
"But Mr. Wang is only willing to give a valuation of 600 billion. To be honest, I can't explain this price to the other investors of Orange Technology."
Chen Yansen looked at Wang Qingsheng with a mocking expression.
Upon hearing this, Wang Qingsheng's face turned pale and then red. Finally, he managed a forced smile and said dryly, "I can accept a valuation of 180 billion US dollars."
Xu Ming looked at Wang Qingsheng with amusement, thinking to himself: What an idiot. If it weren't for the boss protecting you, would you even be worthy of sitting at the same table as me?
Seeing that everything was going smoothly, Tao Jingwen secretly breathed a sigh of relief.
The subsequent procedures can be handled by the finance and legal departments.
"Mr. Chen, please come with me."
Tao Jingwen waved to Chen Yansen.
Xu Minggang realized that this was mostly Meng Yuanzhi's arrangement. He waved his hand, indicating that Chen Yansen didn't need to worry about him, and made an appointment to host a welcome dinner for him in Luzhou Prefecture that evening.
"Mr. Xu, see you tonight."
Chen Yansen stood up and readily agreed, believing that befriending Xu Minggang was not a bad thing.
Once a company reaches a certain size, it becomes unavoidable to come into contact with people like Xu Minggang and Meng Yuanzhi.
Only if used properly can the expansion speed of the Orange Mobile Phone Factory reach his expectations.
Otherwise, relying solely on funding as a driving force will make it difficult to break through the bottleneck in production capacity.
Tao Jingwen led the way, passing through a mahogany-paved corridor, and finally stopped in front of an office.
(End of this chapter)
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