#260 - Chapter 260: Competing to transfer shares!

Director Huang's name was Huang Bin, and he called Xu Mengyao.

Xu Mengyao was already a shareholder of Star Dream Technology. With an internal transfer, if Xu Mengyao wanted to buy, she wouldn't need the consent of other shareholders.

"Director Huang, what's the matter again?"

Xu Mengyao quickly answered the phone and asked.

Huang Bin said, "Director Xu, it's like this, I'm old and don't have the fighting spirit of you young people anymore. I want to sell my company shares, are you interested?"

Xu Mengyao's eyes lit up.

The Tianhe Group's trouble actually had this kind of effect.

Their Xu family didn't have much liquid capital. If there were many people who wanted to sell, they might not be able to afford it, but she knew that Lin Chen had billions in cash.

Moreover, outsiders might think that Star Dream Technology might not be able to make it, but she now had very strong confidence in it.

It would definitely be a happy event if others sold their shares to her.

"Director Huang, the company's operations are fine now. Isn't it better to hold onto your shares and earn more money in the future?"

Xu Mengyao asked.

She couldn't appear eager, and even had to appear not wanting to buy, otherwise, if she bought one, she was afraid it wouldn't be so easy to buy back the rest.

"Director Xu, I'm old."

"I'd rather have money to retire and live a stable life."

Huang Bin said.

Xu Mengyao persuaded Huang Bin, "Director Huang, you have to believe in the company's future. The company has some rumors now, but these are just small problems."

"As long as we are united, we can overcome them."

Huang Bin: "Director Xu, I'm sorry."

"I insist on withdrawing."

"Director Xu, if you don't want it, I'll look for someone else."

Xu Mengyao was silent for a long time and said, "Director Huang, everyone has their own aspirations. Since you insist so much, I can't say anything. What price do you want to transfer the shares for?"

Huang Bin: "Director Xu, Star Dream Technology is currently valued at 9 billion. My 6% stake, based on this valuation, is 540 million."

"The company is still developing, how about a 30% premium?"

Xu Mengyao said, "It's normal to have a premium for financing when the company is developing rapidly, but now it's no longer a period of rapid development, and the industry is very competitive."

"This premium confuses me. Ask the other shareholders and see if they are willing to take over."

"Director Huang, it's quite late today, let's talk about it tomorrow."

After speaking, Xu Mengyao hung up the phone.

Huang Bin felt uneasy.

His wife came out after taking a shower and saw him smoking: "Old Huang, how is it? Didn't you reach an agreement with the Xu family?"

Huang Bin shook his head: "I said a 30% premium, Director Xu told me to look for someone else. I looked for two, and they were unwilling."

"Old Huang, you're confused."

"If you were Xu Mengyao, would you agree? DJI is blocking the way, with various patent restrictions. It's very difficult for other drone companies to break through."

"You even called others. They might not have had any ideas originally, but now that you're running, they might also want to run."

Huang Bin's wife complained.

Huang Bin took a deep breath of smoke: "We only have this much wealth left. I was just thinking of selling it for a better price. Maybe someone would be willing to pay more for the shares?"

Huang Bin's wife said, "It would be good to sell it at the valuation. Do you remember He Zong? His company used to be valued at 5 billion, but no one wanted his 1 billion offer."

"That's different."

"Their company has heavy assets. Many equipment assets were valued at the original price, but they're not actually worth that much."

"Star Dream Technology is a high-tech enterprise, and its development momentum is also good."

Huang Bin explained.

Huang Bin's wife: "If the development was really excellent, the 100,000 order would be gone, and there would immediately be new orders. And you wouldn't be considering selling shares."

"You're asking for a 30% premium, others might even sell at a discount. How much money can the Xu family take out to buy shares?"

"It's most beneficial for the Xu family to gain control after buying. They are the most likely to offer a high price. Who else would spend this money?"

Huang Bin's expression changed slightly.

"Then I'll call Xu Mengyao again."

Soon he dialed the number, but Xu Mengyao's phone was busy. Lin Chen was calling her at this moment.

One minute, two minutes...

Huang Bin dialed every minute. After ten minutes, he finally got through to Xu Mengyao's phone.

"Director Huang, let's talk about it tomorrow if you have something."

Xu Mengyao said.

Huang Bin: "Director Xu, I've been thinking about it. The company is facing some pressure now, and it's not appropriate for me to ask for such a high premium. How about a 10% premium?"

"Director Huang, you should keep the shares. The company might take off in the next few years. You'll regret transferring the shares."

Xu Mengyao said.

Huang Bin's expression changed. Could it be that other shareholders were looking for Xu Mengyao just now, and Xu Mengyao had already bought the shares?

Xu Mengyao said that it would take off in the next few years. This kind of pie is only good for deceiving children. He wouldn't fall for it.

"Director Xu, I'll sell it at the valuation."

"Our company is still developing, it's okay for me to sell it at the valuation, right?"

Huang Bin said quickly.

Xu Mengyao was silent for a while and said, "Director Huang, if you sell it at the valuation, I'll consider it. How about I give you a definite answer when I get back?"

"I'll definitely be back within a week."

Huang Bin thought to himself, waiting for a week wouldn't work.

Maybe other shareholders would sell at a discount. If that's the case, why would Xu Mengyao want his shares at the original price then?

"Director Xu, if I have something on my mind, I can't sleep well at night. How about we finalize this matter tomorrow morning?"

"Although you're not here, you can entrust someone else."

"Your dad is also in Modu."

Huang Bin said.

Xu Mengyao sighed softly: "Director Huang, it seems you're determined to withdraw. Go find my dad tomorrow. Sign the agreement and agree on a penalty for breach of contract."

"The formal transfer of shares will wait until I get back."

"If you're afraid we'll go back on our word, set the penalty for breach of contract higher. Please keep this matter confidential and don't tell anyone else."

Huang Bin said quickly: "Okay."

"Director Xu, sorry to bother you."

After hanging up the phone, he breathed a sigh of relief.

It was not bad to be able to sell at the current valuation.

His original drone company was only worth 400 to 500 million. He got 300 million plus 6% of the shares.

300 million plus 540 million, he made a profit.

Even if the 300 million lost a lot, selling these shares would still be more than the original 400 to 500 million.

"Wife, it's settled."

"I'll go find Director Xu tomorrow to sign the agreement, and then sign the formal share transfer agreement when Director Xu comes back."

"Don't tell anyone else, to avoid any unexpected problems."

Huang Bin said to his wife.

His wife nodded: "Old Huang, you go early tomorrow. Prepare the agreement you need tonight."

"Yeah."

Huang Bin nodded, "It's good to take the money and leave. Many industries are not developing well now. A good company this year might go bankrupt next year."

Not long after reaching an agreement with Huang Bin, Xu Mengyao received another call. This person owned 4% of the shares.

He and Huang Bin together accounted for 10%, which was not a small amount.

He also agreed to sell the shares at the current valuation.

--Before this, he had asked some other people, but no one was willing to take over at the current valuation.

The Xu family had many shares, and they had no say in it.

It was not a period of rapid development, and they did not want to take this risk.

"Wife, how is it?"

Lin Chen asked.

He was already lying in bed, and Xu Mengyao entered the bedroom.

"Two families have been taken care of."

"They have 10% of the shares together. Husband, you should take these shares when the time comes."

Xu Mengyao said.

Lin Chen smiled and said, "Wife, you come to bed and sleep first. Come over here, I'll hold you to sleep."