Rebirth 2004 starts again

Of course Xu Mingcong knows how much his company is worth. The reason why he quoted such a high price is because he feels that Mr. Lin in front of him is too young. He must be stupid and rich, and he doesn't know much about the mobile phone industry. And through It can be seen from the photos taken of all the industrial land at the investment promotion meeting in the afternoon that Tianhai Real Estate wants to carry out industrial transformation, so its own company has a great chance of being invested, so it takes the opportunity to ask for more money, but I did not expect that this Mr. Lin was able to estimate the current value of the company just by looking at the information about the company that he submitted to him. This shows that Mr. Lin in front of him is definitely not a fool with a lot of money. He also does not understand the mobile phone industry and can read it. He turned out to be very shrewd and pointed out the problem to the point.

At this time, Xu Mingcong was still a little embarrassed, because his little trick was immediately seen through.

Xu Mingcong explained

"Mr. Lin's eyes are indeed very sharp. If you just look at his own factory, it is indeed worth only 300 million now. However, in the more than two years since its establishment, the company has achieved many technological breakthroughs and accomplished many things. Patents, and prototypes can be made by the end of the year, and can be put into the market next year. And I think once it enters the market, it will definitely become an instant hit, so these intangible values ​​must also be included in the company's valuation. In addition, the company’s newly built production lines are the most advanced ones, which cannot be bought with money, so they must be priced at a premium, so I don’t agree with Mr. Lin’s total value of 300 million.”

Lin Yu said expressionlessly

"Even if Mr. Xu thinks there needs to be some premium, the premium shouldn't be too much! Isn't five times too much?"

Xu Mingcong said immediately

"Mr. Lin misunderstood. It's not five times, just a little more than three times."

Lin Yu asked rhetorically

"One billion plus a piece of industrial land in Rongjiang City in exchange for 20% of the shares. Isn't that a valuation of 1.5 billion?"

"Oh, Mr. Lin may have heard wrongly. What I said was that I would exchange 20% of the company's shares for a price of one billion, and then Tianhai Real Estate would provide a piece of industrial land, and we would invest together to build a branch factory based on the shares. This The land can be priced and is not given to the company for free.”

Lin Yu was also happy when he heard this. This Xu Mingcong was really good at making up his mind. His original intention was to get a piece of industrial land for nothing. Now that he was exposed, he said that the land could be priced. How to price it? A piece of land worth 100 million yuan. If he holds 20% of the shares, then he only needs to provide a piece of land, and Xu Mingcong will have to pay 400 million yuan for investment. How can he pay so much money? How much is the company worth!

Lin Yu didn't intend to expose him, because he would be easy to meet in the future if he kept a thin line, and it was pointless to argue about this issue. After all, Lin Yu's goal was to acquire the entire Jinshun Mobile Phone.

Lin Yu said with a smile

"Even if the land is not included, the premium of more than three times is really too high! I can still accept a slight premium. After all, I am also optimistic about the mobile phone market. But I don't think Jinshun Mobile will definitely succeed. I know that the current mobile phone market can be said to be a hundred schools of thought contending, but at the same time it is also the most competitive. The main share is monopolized by major international manufacturers, and domestic brand companies are also very powerful, while Jinshun Mobile is only a mobile phone that has just been established two years ago. The brand hasn’t even produced a prototype yet, so how can it get a piece of the pie? I guess Mr. Xu hasn’t figured out how to make a sudden splash!”

Hearing Lin Yu's words, Xu Mingcong also frowned, because when the company was established, he really had a good view of the future mobile phone market. It was for this reason that he entered this track, but even though it had only been two years Time, but the mobile phone market is still changing rapidly, which has caused Jinshun Mobile to slowly change its strategy and research and development direction. It has been more than two years since Jinshun Mobile has completed the prototype. You must know that in the spring of 2003, Jinshun mobile phone, which had been developed for more than a year, was about to start making prototypes. However, at this time, some domestic manufacturers suddenly launched the color screen mobile phone market, and they had great price advantages, making color screen Mobile phones have become the darling of the market, making it beyond the reach of the international giants who once monopolized color screen technology for half a year. What about our Jinshun mobile phone, which is still under development? Therefore, the production of prototypes was postponed and research on color-screen mobile phones was carried out instead.

But at the end of 2003, some domestic mobile phone giants launched their own smart phone products. This caused the prototype that their company was supposed to produce to be aborted because it would take some time to launch the prototype into the market. By the time it was launched on the market, it might have been eliminated, so I started researching smartphones again, and only then did I realize that when the 3G era comes in the future, whoever can launch a 3G mobile phone will be able to take the initiative in the market, so It directly changed the direction of scientific research and planned to get it done in one step.

However, at the end of 2003, some companies began to develop their own mobile phone systems, which made them confused again, because if they could only launch smart phones without a matching mobile phone system, they would be eliminated by the market, and He also realized that whoever can master the new mobile phone system can become a leading mobile phone company, so he formed a new R&D team and began to develop mobile phone systems. This was the reason why the launch of prototypes was continuously delayed.

In fact, what Mr. Lin is saying now makes sense. In fact, Xu Mingcong himself doesn't know what the mobile phone market will be like after next year. If new technologies emerge, his investment will be in vain. Of course, market marketing is also difficult, which is why I have to arrange branch factories in advance. It can increase the popularity of Jinshun Mobile Phones, and with the overwhelming advertising, it is estimated that it will be successful, but this set is It requires a lot of money, which is why I took the initiative to talk to Mr. Lin about cooperation.

Xu Mingcong replied

"We won't be able to develop a prototype until the end of the year, so it's still too early to think about the issues Mr. Lin mentioned, but we are definitely very confident, otherwise we wouldn't come to Rongjiang City's investment fair, nor would we think about it. We need to acquire land to build a branch factory. Of course, if we can get Mr. Lin's investment, we will definitely succeed, and various researches will be accelerated, which will also bring Mr. Lin's investment as soon as possible. Income. As for the premium that Mr. Lin said is a bit high, I think it’s not a problem as long as we have a good temper and we can study it together.”