I can become stronger by paying salaries. I have one billion employees!

Chapter 703 I Want Hong Kong Electric! 2400 Billion US Dollars, 148.8 Yuan Per Share?
In the afternoon at the golf club, Chen Yansen and Li Zeju stood facing each other.

In the exchange of glances between the two, there was a subtle probing that only top-tier capital players could do.

"Mr. Li, you're too kind!"

Chen Yansen held the other person's right hand and spoke in a gentle tone.

Standing beside her father, Li Yanning's gaze lingered on Chen Yansen for a few more seconds.

She had seen his photos several times in Time magazine, where he wore a sharp suit and had a distant, sharp look in his eyes. But now that he was in front of her, she realized that he was even more dignified in person than in the photos.

The dark gray suit accentuated his tall and straight figure, and the watch peeking out from the cuff was understated yet exuded quality. He spoke in a calm tone, and although he was smiling, his eyes held a sharp edge that commanded respect.

Seeing this, Zhou Songtao and the people from Goldman Sachs, Morgan Stanley, and Huaxin Securities voluntarily gave up a corner of the rest area to Chen Yansen and Li Zeju.

"Mr. Li, are you looking to discuss the Deep Blue Battery business with me?"

As soon as Chen Yansen sat down, he stared at Li Zeju across from him and asked directly.

He simply didn't have the patience to beat around the bush with the other party.

After a moment's thought, Li Zeju replied, "Does DeepBlue Technology need investment? Cheung Kong Holdings is willing to acquire 10% of its shares at twice the market price. In addition, the Li family has energy businesses in the UK, Australia, New Zealand, and Canada, which can help DeepBlue Technology secure more energy storage grid orders."

Chen Yansen's directness surprised him somewhat, but it did not disrupt his prepared remarks.

"What does Mr. Li think?" Chen Yansen picked up the whiskey in front of him, took a sip, and a mocking smile appeared on his lips.

Back then, in order to acquire a 15% stake in DeepBlue Technology, Shenzhen invested 60 billion yuan in cash, 100 million square meters of industrial land, as well as policy support and mineral resources that cannot be measured in specific figures.

Now the Li family dares to demand 10% of the shares with just a few words. He is very curious as to who gave them such courage.

When Li Zeju saw that his test had failed, his heart skipped a beat.

He was a smart man who had experienced countless negotiations since childhood. He could clearly sense that Chen Yansen, though seemingly gentle, was an extremely assertive businessman at heart.

“How about we try a different approach and build a joint venture factory?” Li Zeju thought for a moment and then proposed a new plan: “In recent years, the development of thermal power and nuclear power in Europe has been restricted due to protests from environmental associations. However, the power supply systems of solar and wind power are not stable enough, and there is an urgent need for large-scale energy storage grids to improve the structure of the new energy industry.”

Regarding the shareholding, we can be flexible. We can let DeepBlue Technology hold the controlling stake, and the Li family won't participate in the battle for control. They only need the dividend rights and sales rights in the European and American markets.

The implication is that the Li family only wants a piece of the pie in DeepBlue Battery's business; their core objective is to revitalize several lithium mines in Australia.

It's important to understand that no matter how valuable a lithium mine is, if it remains idle and unmined for a long time, it will only become a liability that hinders development.

Investing funds that cannot generate profits is itself a failed decision.

Moreover, the decision to enter the new energy industry was led by Li Zeju.

If this collaboration fails, the outside world will inevitably question his investment acumen, which is something he does not want to see.

“No problem.” Chen Yansen readily agreed, then added a condition: “But the Li family must sell their shares in Hong Kong Island Electric Company Limited to Senlian Capital.”

With annual revenue reaching tens of billions, Electric Light Company Limited is the second largest power company on Hong Kong Island. Holding it in your hands is like having a goose that lays golden eggs.

Electricity, gas, and transportation are basic industries closely related to people's livelihoods. These are all high-quality assets of Cheung Kong Holdings, which can generate stable and continuous revenue. Who would be willing to sell such assets?

Li Zeju was slightly taken aback, thinking that Chen Yansen had misunderstood, and quickly explained: "Mr. Chen, what I mean is that the joint venture to establish a production base for Deep Blue Battery does not involve the research and development sector."

"I know," Chen Yansen said nonchalantly.

knowledge?

Knowing all this, how dare you still ask for such an exorbitant price?
I took the initiative to talk to you about a joint venture to build a factory, but you went and set your sights on my family's ancestral property.
Li Zeju took a deep breath to suppress the turmoil in his heart, and then belatedly realized that the person in front of him was either extremely greedy or had never intended to cooperate sincerely from the beginning.

He didn't understand where the Li family had offended Senlian Capital.

"Mr. Chen is joking. There is absolutely no possibility of Hong Kong Electric being sold."

Li Zeju replied firmly and decisively.

"Shares in Northern Gas, UK Grid, or Husky Energy of Canada would also be acceptable."

Chen Yansen said this with an air of "I'm not picky."

Upon hearing this, Li Zeju's expression darkened, and he continued to shake his head.

"It seems Mr. Li has no sincerity in cooperating."

Chen Yansen held his wine glass and spoke slowly.

Li Zeju stood up abruptly, a hint of anger flashing across his face. He said in a cold voice, "Mr. Chen, if Senlian Capital never intended to cooperate from the beginning, they could have simply refused this meeting. There's no need to play games with me again and again!"

"Looking at it this way, it seems that Li Chaoren's parenting has failed somewhat. You lost your composure and jumped up in a defensive stance after just a light tap from someone else?"

Chen Yansen commented with a light laugh.

So, is this a test?

Li Zeju muttered to himself.

Then, just as Li Zeju was about to sit back down, a particularly jarring voice suddenly rang in his ears: "I have neither a shortage of funds nor a shortage of companies to manufacture for me. Mr. Li asks for DeepBlue Technology's equity and manufacturing rights, but he has nothing of equal value to exchange for them."

It's truly baffling why Li Jiacheng chose you as his successor.

In an instant, Li Zeju stood there, his face slowly turning red.

Being a second-generation member of the Li family is both a source of pride and a constraint.

Chen Yansen's casual question was like a poisoned steel needle, piercing the image of the successor he had worked so hard to maintain for more than 20 years.

He clenched his fists, his Adam's apple bobbing twice. Fortunately, his years of accumulated composure finally paid off. He suppressed his surging emotions and said calmly, "Deep Blue Technology may have a promising future, but it may not be able to have a smooth ride in the European and American markets. Our Li family has been operating overseas for thirty years, with an energy network covering twenty-seven countries. Are these real resources not worth a mere agency qualification?"

"We feel more at ease when we have resources in our own hands."

Chen Yansen smiled and said.

He had hoped to take this opportunity to rip off the Li family, but Li Zeju's refusal was so decisive that it thwarted his plans.

Since they couldn't reach an agreement, Chen Yansen lost interest in dealing with Li Zeju.

The conversation lasted less than half an hour before the two got up and left in different directions.

Zhou Songtao watched from afar, a meaningful smile appearing on his face.

Even Song Yuncheng could guess the purpose of Li Zeju's trip, and as the chairman of the Hong Kong Stock Exchange, he was a shrewd and experienced man, so he could naturally see it too.

To his surprise, Chen Yansen and Li Zeju had clearly broken up, and their unpleasant parting was all too obvious.

He pondered for a while, and a flash of inspiration struck him. He thought of the Li family's "westward advance and eastward retreat" asset restructuring strategy, and his eyes lit up. He vaguely guessed some of the thoughts of the higher-ups.

Although he had not received any concrete information, he had already mentally constructed a complete and logical framework.

Chen Yansen is very likely sent by higher-ups to put pressure on the Li family!
……

……

The next morning, Chen Yansen arrived at Senlian Capital’s office on Hong Kong Island on time and met again with representatives from more than a dozen institutions, including Goldman Sachs, Morgan Stanley, CEFC, Tai Fook, Sun Hung Kai Properties, and Hua Jin.

Zhou Shouzhi and Gao Weilin were responsible for selecting three to five securities firms from these institutions to coordinate Orange Technology's roadshow, pricing, and listing in Hong Kong.

Goldman Sachs was the most confident, immediately stating a floor price of $2400 billion.

Although Orange Technology lags behind Shanxing Electronics in both revenue and shipments, it possesses several core advantages that Shanxing Electronics cannot match.

For example, Aurora Future System, Deep Blue Battery, MOS Voice Assistant, and Tiangong Chip, whose market share continues to climb, and if we also include the memory chip that is currently under development, Orange Technology has almost mastered the most critical software and hardware aspects of the smartphone field.

In addition, through its shareholding increase plan, Senlian Capital is now the largest shareholder of Di Dongfang.

Although they have not gained actual control, their influence over Di Dongfang is constantly increasing.

This is also the main reason why Goldman Sachs dared to offer a $2400 billion price tag!

A mobile phone brand that has maintained high-speed growth for three consecutive years and has its own self-developed chips and operating system is not something that Shanxing Electronics can compete with.

Financial institutions in Europe and the United States believe that Orange Technology's future market potential is in no way inferior to that of Apple.

In two or three years, as long as Aurora Future System's market share can exceed 20%, it will only need to emulate Apple's revenue-sharing model in the App Store, and its revenue will inevitably usher in a new round of growth.

Moreover, Orange Technology's businesses in the fields of computers, smart wearables, smart speakers, and digital accessories are also growing at a very impressive rate.

Morgan Stanley's offer was $2300 billion.

However, Gao Fenghao, the person in charge of Hong Kong Island, privately believes that this figure is too conservative.

Apple extracts tens of billions of dollars from developers every year through its iOS ecosystem, and Orange Technology's Aurora Future System is replicating this path.

The number of developers on the Aurora App Store has now exceeded one million. In another six months, once the mass production of storage chips is completed and the software and hardware closed loop is formed, the valuation will double again.

Huaxin's valuation is US$2360 billion.

Taifook Securities has a net worth of US$2280 billion.

Sun Hung Kai Properties is worth US$2340 billion.

Joaquin is worth 2270 billion US dollars.

After some discussion, Zhou Shouzhi finally settled on a valuation of US$2400 billion for Orange Technology, with an initial estimated issue price of RMB148.8 per share.

Even within the vast Hong Kong stock market, this is considered a high level.

Three underwriters have been selected: Goldman Sachs, CEFC China Energy, and Sun Hung Kai Properties.

Goldman Sachs belongs to the foreign capital camp, CEFC has a state-owned background, and Sun Hung Kai is a long-established securities company with deep experience in Hong Kong. Each of the three has its own advantages.

That afternoon, Chen Yansen's car slowly drove into 77 Deep Water Bay Road.

at the same time.

The valuation quote given to Orange Technology by Hong Kong securities firms quickly spread throughout China's financial circles.

When the price of $2400 billion was announced, many people couldn't help but gasp in surprise!
Many people are wondering: Can the Hong Kong stock market support a valuation of US$2400 billion?
Or, will Orange Technology experience a drop in share price on its first day of trading?
However, when investors from both mainland China and overseas learned of this news, they immediately began researching the account opening process for Hong Kong stocks.

This is some inexplicable emotion at play!
This is because Senlian Capital's subsidiaries have maintained a perfect record in the capital market, and most of them are super unicorns in their respective fields.

If Chen Yansen had failed even once, they would most likely not be so blindly optimistic about Orange Technology.

But the reality is that Chen Yansen has been advancing triumphantly all the way and has never lost!

Buying high and selling low is a typical mentality among ordinary people!
In their view, Orange Technology's market value should be at least $5000 billion, and certainly not lower than Apple's.

Even if it is indeed inferior to Apple, there should be a difference of hundreds of billions of dollars.

The sunshine at the end of September was warm and pleasant. The streets of Central were bustling with traffic and people. Orange Technology's listing process was also gradually entering the countdown stage.

(End of this chapter)