Technology company, I will become the light of China!

Chapter 143 The lion opens its mouth and invests in Frontier Technology Company!

Shencheng Futian District

Longxing Technology Company Headquarters Building

Jiang Tao and Xie Jia, who had dressed up well, had just walked into the company. The girl at the front desk who was still watching the Peninsula soap opera immediately noticed someone and immediately raised her head and asked:

“Welcome to Longxing Technology Company, how can I help you?”

“Well, it’s like this. We are the two founders of Shencheng Territory Technology Company. We would like to talk about cooperation with you, Mr. Chen.”

Xie Jiayan said concisely and comprehensively

When Jiang Tao heard this, he immediately echoed:”Yes, I wonder if Mr. Chen is free? Is he in the company?””

Shencheng Territory Technology Company, the girl at the front desk seemed to have heard of this name, but she did not open the back door casually, but followed the rules.

“You two don’t have a reservation?”

“No”

“Our president has not returned to the company yet. You can write down his contact information and I will tell him when he comes back.”

“This…that’s okay”

Jiang Tao nodded slightly to express his understanding.

Their own company also has the same rule. If the boss is not in the company, visitors are asked to leave their contact information. If they are in the company, they can still make an internal call to ask.

This will prevent your schedule from being interrupted when you go out to do errands.

Jiang Tao and Xie Jia are not in a hurry. Anyway, both companies are Shenzhen technology companies and their headquarters are in Futian District. If I didn’t see them this time, I will wait for the notice and come to visit again.

Just as the two left their contact information and were about to leave, the sharp-eyed front desk girl quickly said hello:”Good afternoon, CEO.”

“Well, good noon”

Chen Xing nodded in response, then glanced at Jiang Tao and Xie Jia at the front desk with a slightly tired look, and was stunned for half a second.

“These two!”

I had only slept for three hours, and my still sleepy nerves were suddenly tense.

If he remembered correctly, the two people in front of him seemed to be the co-founders of Shencheng Territory Technology Company.

Not many people may know about Shencheng Frontier Technology Company, but what if the Frontier drones are produced by their company?

Others may not understand territorial drones, but Chen Xing does!

This is a top brand that has blossomed in both civilian and military use in the past, a giant that occupies 85% of the market share in the drone field.

At the beginning of 2015, they were still just a small billionaire company, and they had just turned a profit last year.

The moment he saw Chen Xing, Xie Jia quickly stepped forward and introduced himself:”Hello, Mr. Chen, I am Xie Jia, the founder of Shencheng Frontier Technology Company. Can I talk to you about cooperation?”

“I am also the founder of Shencheng Territory Technology Company. My name is Jiang Tao. Mr. Chen, can you give us half an hour? We want to talk to you about technology investment.”

Jiang Tao is very straightforward and concise.

After saying the words”technical investment”, Chen Xing couldn’t help but feel happy. Are you rushing to give him money?

Others don’t know the development prospects of territorial drones. Doesn’t he, a reborn person, not know the development prospects of this field?

Let’s not talk about civilian use yet.

Just talking about the military field, any international order can cost tens of millions of dollars!

Although countries in the Middle East often quarrel with each other, they actually produce oil underground. It is not an exaggeration to say that they are”rich as oil”.

If you can buy shares in Frontier Drones, isn’t it just a matter of making money while lying down?

As a veteran at the negotiation table, Chen Xing did not show any real emotions and pretended to be surprised:”Technical investment?”

“Yes Mr. Chen”

Jiang Tao responded quickly and then continued:”We need your technology for drones, can we go to your office to talk?”

“It won’t take too long, half an hour is enough. We are very sincere.”Xie Jia also quickly assisted and echoed

The two of them looked a little nervous, fearing that Chen Xing would reject them.

After all, Frontier Technology is currently only a billion-level company, while Longxing Technology Company is already worth tens of billions. The two are not the same concept at all.

And the most important thing is that the market share of drones is very small, and neither military nor civilian use has entered a period of large-scale outbreaks. This is mainly because the technology is not yet perfect.

Chen Xing pretended to think deeply for a while, then nodded and said:”Okay, I happen to be very interested in the field of drones, so I would like to hear your thoughts.”

He made a gesture of invitation and led Jiang Tao Xie Jia in front.

……

The three of them walked into the president’s office and sat in the negotiation area on one side. Chen Xing made tea for them as usual.

Jiang Tao and Xie Jia were a little flattered. It was incredible that the billionaire boss personally made tea for them.

Usually when they go to seek financing or seek cooperation with other manufacturers, they all turn their nostrils into the sky and put on a high-spirited air, but Chen Xing in front of them has no such attitude at all.

“Let’s have some tea first”

Chen Xing handed the tea cup to the two of them.

Jiang Tao and Xie Jia looked at each other, and it was not difficult to see each other’s surprise.

The two of them picked up the tea cups, took a sip, raised their thumbs and praised:

“Good tea, sweet after entering the throat”

“Mr. Chen is really an elegant person. He should be very knowledgeable about tea ceremony, right?”

The two of them were laughing and flattering each other. It was hard for Chen Xing to imagine that this was the helmsman of the drone empire in his previous life.

He smiled faintly and said without exposing them:”Because I entertain a lot of guests, I have a little knowledge of the tea ceremony.””

“correct”

Chen Xing did not continue to be polite with them, but went straight to the point:”You are talking about technology investment, how exactly do you invest?”

He is still very interested in investing in Frontier Technology Company.

Because there is no camera to shoot, he doesn’t have to pretend to be not interested in money in front of the camera like Jack Ma did.

“That’s it, Mr. Chen”

Jiang Tao straightened his sitting posture and introduced Chen Xing in detail:”We watched your new product launch conference. Among them, super Bluetooth, face recognition, and SOC God chip are of great help to the development of our drones.”

“Currently, drones have three connection methods: Bluetooth connection, WiFi wireless network connection, and hybrid connection.”

“Let’s talk about connection technology first. With current Bluetooth technology, the longest flight distance is 120 meters. If it exceeds it, the signal will be lost and the image transmission function will fail. The WiFi connection is 200 meters, and the hybrid connection can reach 250 meters.”

“We noticed that your press conference said that there will be a 0.5 second delay after the Super Bluetooth distance is 30 meters. It seems that there is no mention of disconnection and signal loss, so what is the maximum connection distance of this technology?”

Question thrown

Chen Xing suddenly woke up!

Why are drones so tepid now?

The simple reason is that the connection technology is not yet mature, and it can only fly a few hundred meters away. This cannot be called a drone at all, it can only be called a toy airplane.

As for why drones became popular later, Chen Xing guessed that it was related to technological breakthroughs in wireless connections and Bluetooth, which ushered in a spurt of development in this field.

“excuse me, may I ask.”Chen Xing didn’t answer in a hurry. He didn’t know what the maximum connection distance of Super Bluetooth was.

“Okay, Mr. Chen”

Jiang Tao nodded slightly and said

Chen Xing���Take out your mobile phone and call the Super Bluetooth Laboratory in SEG Technology Park to inquire about the longest connection distance of the latest technology.

After a while

he got the answer

Without any reservation, Chen Xing said frankly:”Our Bluetooth engineers said that the longest connection can reach about 1,000 meters.”

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“but!”

He changed the subject and continued:”The new generation of super Bluetooth technology is expected to be more than 2,000 meters. This is just an estimate.”

Jiang Tao:”！！！”

Xie Jia:”！！！”

Good guy!

Really good guy!

The longest connection distance of Super Bluetooth is actually 2000 meters!

What is the concept of 2000 meters?

Calculated based on flight altitude and distance, this is equivalent to being in Futian District and being able to take pictures of the scenery of other jurisdictions in Shenzhen City.

Once Bluetooth technology can be applied, real unmanned aircraft will be born!

Jiang Tao and Xie Jia were so surprised that they couldn’t speak. After calming down for half a minute, the latter said:”That face recognition technology……”

“I know a little bit about this. Chen Xing did not hide anything and continued:”So far, the portrait recognition rate is quite high. Are you going to do follow-up shooting?””

“Does Mr. Chen know all this?”

Jiang Tao thought Chen Xing was just being polite, but he didn’t expect that he was really interested?

What they want is face recognition technology. In fact, they want to add follow-up shooting. Through portrait locking and GPS positioning double locking, the drone can take photos of the operator without any control.

Chen Xing smiled faintly and found a reason:”I originally planned to make a drone, so I have some understanding of it.”

The words just fell

Jiang Tao and Xie Jia’s expressions changed, and the nerves in their brains stretched like a thin thread.

Is Longxing Technology going to make a drone?

So can they compare?

They have super Bluetooth, facial recognition technology, and SOC God chip. Their technical reserves are huge!

Although Frontier Technology Company also has many patented technologies, which are key to the field of drones, they are still too small for a giant like Longxing Technology Company.

“Mr. Chen, you…you also want to make a drone?”

“Then this technology investment……”

Jiang Tao and the two were very nervous

Chen Xing took a sip of tea, looked at their panic, and said frankly:”I just have this plan, there is no layout yet, but now I have changed my mind, maybe we can make quick profits by working with you.”

If he lays it out by himself, everything will start from scratch, and it may take several months to achieve profitability.

but!

Investing in a territorial technology company is different!

The strategic vision of the two founders and the company’s management can stand the test. Taking shares is equivalent to getting free money.

It would be more comfortable to start from scratch and find someone to manage the subsidiary company. It would be better to directly incorporate Frontier Technology Company.

Hearing this, Xie Jia looked happy and said:”So, Mr. Chen, are you willing to invest in technology and cooperate with us?”

“Well, I want to hear about the distribution of benefits”

Chen Xing gets straight to the point

Both of them are technology companies, so they naturally understand the importance of profit distribution. Only when there are benefits, the relationship between them will be stable.

Jiang Tao and Xie Jia looked at each other, and the former explained the interests to Chen Xing:”Currently, Xie Jia and I hold 36% and 31% of the equity of Frontier Company, with 67% absolute control. Fengxing Investment and Yaoyang Capital hold the total share.” 21% of the shares, and 12% are incentive shares for technical employees”

“If you, Mr. Chen, take the technical stake, Xie Jia and I have discussed it privately. We will each give you 10%, which is 20% of the equity. What do you think of this allocation?”

“Not very good”

Chen Xing secretly frowned and shook his head.

Xie Jia and Jiang Tao’s hearts twitched, and they couldn’t help but wonder, isn’t Chen Xing too open-minded?

Not satisfied with 20% equity?

Is it possible to ask for 30?%？

If you really want 30%, it’s not a technology investment. Instead, we will directly give Frontier Technology Company to you Chen Xing!

“call——”

Jiang Tao took a deep breath and asked patiently:”According to Mr. Chen, how much should be allocated?”

If it had been anyone else, they would have walked away long ago.

But Chen Xing is different. The technology mastered by his Longxing Technology Company is the key to the development of Frontier Technology Company.

“20% equity is too little, I need more than 30%.”After Chen Xing finished speaking, he changed the topic and said:”How about this, I will invest to recover 21% of the shares of the investment institution.���, and take your 20% technology equity, and I will hold 41% of the equity and only pay for it. How about not interfering with your operations?”

41% equity…

Jiang Tao and Xie Jia were both silent.

Anyone who has run a company knows that it is best to control the equity of shareholders below 25%, so that in the future when the company goes public, they can still jointly control the life and death of the company.

If Chen Xing occupies 41% of the shares, it is almost more than half. It is equivalent to him being the actual boss of Frontier Technology Company. If there is a disagreement one day, it will be troublesome.

Jiang Tao’s eyes kept flashing with hesitation, not knowing how to make a decision.

Xie Jia chose to give up and asked:”If we don’t invest in technology, what are the licensing fees for these technology patents?”……”

“Super Bluetooth is 200 yuan, facial recognition is 150 yuan, and the SOC God chip is about 300 yuan.”

Chen Xing gives a quote

At the end of the quotation, he did not forget to remind:”The drone market is currently very small, but there are still many competing brands.”

The tone was slightly warning. Jiang Tao and Xie Jia actually understood that if they did not cooperate, once other drone companies cooperated with Longxing Technology, the consequences would be disastrous.

Sky-high patent licensing fees and 41% of the company’s equity……

Chen Xing is forcing them to submit now. The future cash cow cannot run away. In fact, he does not necessarily want 41% of the equity. He is just making a request that is too excessive and unacceptable to them. He will then negotiate slowly. The effect of such negotiations will be amazing. good

After half a minute of silence, Jiang Tao and Xie Jia were still undecided.

“Mr. Chen, let’s leave your contact information and hold a company meeting when we go back. When we have the results, we will come to you to discuss it in detail. Do you think that’s okay?”

Jiang Tao sighed slightly.

“right”

Xie Jia also nodded and patiently explained:”Because 41% of the equity really affects our operations and there are high licensing fees, we really can’t afford it.”

The two of them looked a little ugly. They didn’t expect that Chen Xing had such a big appetite and wanted 41% of the company’s equity.

Seeing that the two of them were about to leave, Chen Xing’s goal was achieved. He changed the topic and said:”Since 41% of the equity is too much, then it is better to do this. I will take back 21% of the equity of the capital company, and each of you will give me 5% of the equity. While accounting for 31%, you will give me an additional 10% dividend shares.”

Compared with the outrageous proposal of 41% equity, it seems that taking 31% equity is not unacceptable.……

And the most important thing is that Chen Xing recovered 21% of the equity raised by Frontier Technology Company, which did not affect Jiang Tao and the others at all. This will undoubtedly make the company’s equity more concentrated.

If Jiang Tao and the others agree, Chen Xing, Jiang Tao, and Xie Jia will have the final say in the future of Frontier Technology Company.

“This is already my biggest concession. If this doesn’t work, then I can only invest in other companies in the drone field.”

Chen Xing’s tone was calm, but also had a hint of threat.

Can it be reduced from 41% to 31%?

You won’t let me in?

Most companies let technology become shareholders!

Jiang Tao and Xie Jia looked at each other. Faced with Chen Xing’s hard and soft tactics, they were the ones who were taken advantage of.

After a brief hesitation, the two said in unison:”We agree to your proposal, help you recover 21% of the financing equity, and allocate 10% of the equity and 10% of the dry shares to you.”

(End of this chapter)