#102 - Chapter 102: 20 billion US dollars, all in!
Shanghai Airport was very busy.
That night.
Both Pudong and Hongqiao airports received twenty or thirty private jet charter requests, but there were not enough large and medium-sized passenger planes, so small planes were temporarily called in.
After all, depending on the distance and aircraft type, the starting price for a charter was at least 100,000.
Charters flying to western regions were even more expensive, easily costing three to four hundred thousand!
The Hanteng Capital headquarters was also very busy.
Ren Xue was in charge of contracts.
Xia Qingyan directly ordered the legal department and administrative department, along with many employees, dozens of people in total, to take the contracts to the airport, each of them beaming with joy.
This contract had to be delivered overnight.
It had to be signed before dawn.
As a reward, those who worked overtime at the company tonight would receive an extra half-month's salary.
Those who went to various provinces to deliver contracts would be rewarded with one to two months' salary, depending on the distance.
One day.
Earning one or two months' worth of money.
Who wouldn't scramble to be first?
Staying up late?
Working overtime?
Who cared!
Only Chen Hao, after the meeting, went back to school, returned to his independent dorm, and took a nice bath.
He also glanced at the green American stock market online, and went to sleep in a good mood.
… …
The next day, Sunday.
Outside the school, at a certain street corner, a Mercedes-Benz was already waiting.
"This is a portion of the contracts."
Xia Qingyan handed over a thick stack: "Going to the surrounding provinces by car won't take long, but the provinces in the far west are too far away, and the contracts haven't been returned yet—they've all been signed."
Each provincial-level agent had to sign!
Currently, SP4 sales were trending towards stability. For example, in Jiangsu Province, less than 1,000 units were sold per day.
The contract signed in Jiangsu Province was for 300,000 units.
That would take about a year to sell.
Each province had different populations and consumption abilities, so the number of orders signed was also different, roughly based on the current daily sales, scaled up to a year's worth.
For the agents, there was no loss anyway.
No advance payment was required.
Even.
The ex-factory price of this batch of orders was only 1,500.
That was 500 cheaper than before.
The comprehensive cost of an SP4, including transportation and other expenses, was less than 400.
Nearly 10 million units… …
That's another 10 billion!
Of course, given the no advance payment agreement, this 10 billion would not be credited immediately, but would be credited gradually in the future, over a period of one year.
"Brother Lü."
Chen Hao smiled and looked at Lü Qingshan, who was driving: "Let's go, it's time to meet the sucker… …"
"No! To meet our good friend."
… …
Hilton Hotel.
Presidential Suite.
John brought an assistant, plus two burly bodyguards.
Chen Hao also had four people on his side.
Besides himself, there was also CEO Xia Qingyan, CFO Ren Xue, and Xiang Yan, who was responsible for security.
After a brief exchange of pleasantries, John went straight to the point: "Mr. Chen, we are interested in investing in your company. Given the market prospects of SP4, we are giving a valuation."
10 billion US dollars!
This was the valuation he gave.
Obviously, based on the current market performance, the valuation was significantly low.
Ask for the sky, settle on the ground.
Isn't that how business is done?
"What?!"
Xia Qingyan's expression changed.
Acting!
It had to be convincing.
She had worked overtime last night, including rehearsing with Ren Xue.
"Mr. John, this price is too low."
Chen Hao frowned slightly: "I have the utmost respect for your family, but I am, after all, a businessman, and I have to consider my own interests, don't you think?"
John and Ren Xue's expressions froze.
Ren Xue looked at Chen Hao.
It was as if she was saying: Is the boss really planning to let them invest?
Are you crazy?!
John was overjoyed.
The fact that the other party was negotiating the price with him meant that they were not refusing the investment.
"12 billion… …"
"One price!"
Before John could finish speaking, Chen Hao said: "20 billion US dollars, can't be lower!"
So straightforward?
John pretended to hesitate, but was actually overjoyed: "It's beyond my bottom line, but I can also see that Mr. Chen is very sincere about this cooperation."
"Of course! If I wasn't sincere, I wouldn't have come."
Chen Hao's face was full of smiles.
"Then, the Morgan Consortium will invest 14 billion, taking 70% of Chuangshiji's shares. What does Mr. Chen think?"
"70%?!"
Xia Qingyan couldn't help but speak immediately.
Absolute control?
She pretended to be furious: "I also have shares, I don't agree!"
"Chairman, we must not let foreign capital dominate the company!"
"General Xia!"
Chen Hao stared at her unhappily: "You only have 5% of the shares, so…your statement is not adopted!"
After speaking, he looked back at John, shrugged with a wry smile: "I have schoolwork, I don't have that much time to manage such a large company."
"With our company's production capacity, it's difficult to even satisfy the domestic market, overseas orders…I don't know how long it will take to deliver."
"So, I can't agree to the 70% share requirement."
What?!
John was dumbfounded.
At the beginning, the other party's series of statements clearly indicated that they agreed to his investment.
But the last sentence… …
What does it mean?
"Chuangshiji is my startup company, I hope to keep the company."
Chen Hao changed the subject: "I can give all the SP4 patents and related core technologies to you—20 billion US dollars!"
"In addition, doing business must be honest, and you must complete the orders that have already been placed with guaranteed quality and quantity."
In short.
As long as both parties sign the contract, SP4 will belong to the Morgan Consortium, and Chuangshiji will lose all ownership.
But!
The Morgan Consortium must also take over all of Chuangshiji's orders.
Chen Hao will pay for this part of the order.
Of course, he will not pay according to the ex-factory price, but according to the factory cost price.
Less than 400 per unit.
John was stunned.
Whether it was initially giving a valuation of 10 billion US dollars.
Or demanding a 70% stake.
It was all about asking for the sky and settling on the ground.
His highest valuation must be over 10 billion, as for the equity… …
He originally thought about trying to get absolute control as much as possible, and if it really didn't work, a stake below 50% would also be fine.
But what was the result?
The other party was only leaving an empty shell company.
The patents and technology were 100% transferred!
The negotiation result far exceeded expectations, which made him a little unbelievable.
"Why?"
He stared at Chen Hao.
"Mr. John, how much money does a person need in this lifetime to live a comfortable life?"
Chen Hao asked rhetorically.
"This… …"
"10 billion US dollars, is that enough?"
"Of course!"
John nodded.
10 billion US dollars is enough for a person to become a rich man in any country!
"Then why should I work hard?"
Chen Hao shrugged, then whispered: "Once you have absolute control, I'm afraid that not only will I not make money, but I will lose money instead."
The SP4 product will definitely make money.
But once he loses control, who knows if the Morgan Consortium will do anything in many places?
In short.
Rather than taking risks, it's better to be safe and sell it all in one package!
John put himself in the other's shoes and found that the other party's idea was indeed quite reasonable.
It could even be said to be very wise.
Of course.
Once the agreement is signed, SP4 will certainly belong to the Morgan Consortium, but it will not make money in the early stage.
There are 30 million overseas orders.
He had known about the public bidding a long time ago.
In addition, are there any orders in China?
This means that he must first complete the existing orders.
But… …
After completing the order, the Morgan Consortium will have absolute monopoly power over SP4!
