Rebirth of the Financial Crisis Sweeping the World
Fifty-nine resolute and confident Lin Hongzhe
Wang Guanxi immediately said: Mr. Wu, what is the price? If it is suitable, I will consider it
At present, he has a capital of 50 million Hong Kong dollars, but he needs to buy the stock of a mainland giant. At present, he will not spend too much money to acquire the shares of Changhong Semiconductor Company, because it is a long-term investment, and Wang Guanxi is in urgent need of making money now. Quickly raise funds to 100 million Hong Kong dollars, or even 200 million Hong Kong dollars, and then on September 14, before the financial crisis swept the world, short the Hang Seng Index with 100 times leverage, and became a millionaire in one fell swoop.
Therefore, he will not spend too much money to acquire Changhong Semiconductor. Even if he acquires 23.8% of Wu Zhanhai's shares, he still needs to inject capital into Changhong Semiconductor, which will consume his funds.
At most, Wang Guanxi will take out 6 million in funds.
At this time, Wu Zhanhai thought about it, stretched out five fingers, and said, 5 million
At the beginning, he invested 5 million in it, and now he can recover 5 million. The current valuation of Changhong Semiconductor is 21 million.
I just invested 5 million in it at the time, and now I want to get back 5 million
Wang Guanxi smiled and said: Mr. Wu, didn't you just say that Changhong Semiconductor has many European and American customers, has unique patents, is the leader in the semiconductor industry in Hong Kong, and will be the leader in the semiconductor industry in Asia in the future, why are you so anxious? Sell its stake?
Feng Shaokun also smiled and said, Yes, Brother Wu, since you are the leader of the semiconductor industry in the future, why are you so eager to sell your equity?
He also has some interest in Changhong Semiconductor, but he is not a fool.
Wu Zhanhai thought for a while: To be honest, Changhong Semiconductor is currently in a difficult situation. Today, Changhong Semiconductor's founder Lin Hongzhe called me to ask me to make additional investments to solve the company's predicament, but I am also short of working capital, so I said politely. Refused.
After thinking for a while, Wu Zhanhai continued: To be honest, Changhong Semiconductor has huge potential in the future. If it wasn't for my lack of working capital, I would definitely not sell it.
Now Motorola may close its mobile phone factory in Singapore, and Changhong Semiconductor is the supplier of Motorola's mobile phone factory in Singapore!
Originally, Changhong Semiconductor was in a predicament, but now the situation is even worse.
Now Wu Zhanhai just wanted to evacuate as soon as possible.
Wang Guanxi asked again: Mr. Wu, how much capital does Changhong Semiconductor need now to solve the predicament?
If he takes 23.8% of Wu Zhanhai's shares, he will need 5 million Hong Kong dollars, plus the capital injection, it is estimated to be more than 10 million yuan. Wang Guanxi feels that it is not worth it, which will delay his accumulation of funds until September 14. Be sure to accumulate enough funds.
Wu Zhanhai thought about it and said, You can talk to Lin Hongzhe, the founder of Changhong Semiconductor, in person.
OK
Then Wu Zhanhai called Lin Hongzhe and asked him to come over, saying that there were two investors here.
Soon agreed to meet at a nearby coffee shop.
An hour later, Lin Hongzhe came here. He was wearing a black wallet, and his eyebrows were sad. After seeing Wang Guanxi, Feng Shaokun was a little expectant and a little nervous.
These two investors are already the third batch of investors I have met today, and neither of the first two batches of investors has reached a deal.
Although he knew that the chances of getting investors to invest were not high, he still wanted to come.
President Lin, please take a seat
Hello Mr. Lin, please take a seat
Thank you. Lin Hongzhe sat down and was a little cautious. He felt that no investor was easy to serve, and there would be no investors who would give help in a timely manner, but only those who would add to the icing on the cake.
Then Wu Zhanhai gave Wang Guanxi and Feng Shaokun a detailed introduction.
Hongzhe Lin is a Ph.D. and has held various non-volatile memory technology development positions at leading semiconductor companies such as Simtek.
He also holds a Bachelor of Science and a Master of Science in Electrical Engineering from the Massachusetts Institute of Technology, and a Ph.D. in Electrical Engineering from the California Institute of Technology in 1992.
Truly a very strong and capable person.
Lin Hongzhe was also very horrified at such a young Wang Guanxi, but he understood the problem in a blink of an eye.
This must be a very rich child in the family who has been learning to invest since the age of 16.
After everyone chatted, Wang Guanxi asked, Mr. Lin, how much capital does your company need to solve the current predicament?
Lin Hongzhe said truthfully: 7 million Hong Kong dollars in funds
At present, Changhong Semiconductor's customers have been hit by the subprime mortgage crisis. As a supplier, it is naturally also affected. Now Motorola plans to close its mobile phone factory in Singapore, which is undoubtedly worse.
After thinking about it, he continued: A company from Lu City in the mainland planned to inject 5 million capital and asked for 25% of the shares, but I haven't agreed.
The valuation of Changhong Semiconductor is 21 million, while the Luhai United Investment Company from Lu City, the mainland, is only valued at HK$15 million, and then injects 5 million, asking for 25% of the shares, and also put forward harsh requirements, he has not yet Agreed, said it would take a few days to consider.
If the conditions given by the two investors were better, he would have rejected Luhai United Investment Company.
Wang Guanxi and Feng Shaokun looked at each other and fell into deep thought.
Wang Guanxi asked, What is the name of the company in the Mainland?
Lin Hongzhe said: Luhai Joint Investment Company
When Wang Guanxi heard it, it really was Luhai United Investment Company, which later invested in Changhong Semiconductor and became a big winner.
Fortunately, Lin Hongzhe has not agreed.
But in the end, Lin Hongzhe was helpless and agreed to the conditions of Luhai United Investment Company.
Now, you are the winner.
Wang Guanxi then asked, Mr. Lin Hongzhe, how much do you think Changhong Semiconductor can be valued now?
Lin Hongzhe thought for a while and asked, Mr. Wang, do you plan to inject capital?
Wang Guanxi: Well, yes, how much do you think Changhong Semiconductor is worth now?
Lin Hongzhe gritted his teeth and felt that the little boy Wang Guanxi might not understand the situation very well, so he decided to tell Wang Guanxi the truth, he said, Motorola is now losing money and may close its mobile phone factory in Singapore, and we are its supplier. One, I admit, this is a big shock to Changhong Semiconductor, but I believe that I can find better customers because our patent advantages are in...
He said a lot, and finally said that Changhong Semiconductor was valued at 20 million!
After speaking, Lin Hongzhe looked at Wang Guanxi and Feng Shaokun nervously, and then said firmly: I have already explained the specific situation of the company, I think Changhong Semiconductor is worth at least 20 million!
He is very determined, very confident, and firmly bites the valuation of 20 million.
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