Acquisition of equity
Chapter 632:Acquisition of equity
“This is Holtby, currently living in Birmingham, UK, freelance, and has been working with the company for five years.Mr. Holtby, Mr. Feng Xiaochen, President of our group of companies, led a delegation to Munich to participate in the International Exhibition of Construction Machinery, and took time to meet you in his busy schedule.”
In a business suite at the Rainbow Hotel in Munich, Bao Chengming introduced Feng Xiaochen and a broker to each other.The broker is quite tall and handsome, and the quality of the paper is, and he will not be doubted that he will go out and claim to be one of the world's top 500.However, his bottom line has long been introduced to Feng Xiaochen, this person is indeed a good educational background, is a semiconductor professional master, but the time is not good, several electronic companies have been bankrupt, he also became a so-called "freelancer", in fact, it is the name of the unemployed.In the poorest days, Mr. Hotby had to work hard to make money, and the porters, cleaners, cashiers, and the like had done.
Because he knows some technology, he has worked in several semiconductor companies, and has a lot of knowledge of the electronics industry, so he has become an agent of Chenyu Information Company in Europe.Bao Chengming paid a commission to Hotby, allowing him to collect information about the European electronics industry, and the public information was published in the electronic business of Chenyu, and some of the secret information was entered into the internal database of Chenyu Company, which became the reference for the company to compile professional research reports.
After becoming an agent of Chenyu, Hotby had a steady source of income.Collecting information does not require much time, but he can also do another job in the local area, two income plus one, so that he finally returned to the ranks of the middle class.It was also because of this that Holtby respected the package, and as soon as the phone call to him, he booked the first flight and flew to Munich.
I heard that Feng Xiaochen is the president of the group company, and saw that Bao Chengming was also a kind of follow-up appearance in front of Feng Zhichen, and Holtby quickly showed an tactful smile, took two steps forward, bent down to 45 degrees, and reached out to shake hands with Feng Xiaochen.Feng Xiaochen saw this, his heart was sad, but his face did not show it, he shook hands with Hotby, and said a few words such as "hard" and "good" with the tone of the leader, so that Holtby felt excited.
After each other, the host took a seat.Feng Xiaochen sat on the big sofa, and Holtby sat on the small sofa on one side, wrapped up on the other side of the small sofa, and pulled out the notebook at the same time, ready to record.
“Mr. Howtby, listen to the package, you’re very familiar with the electronics industry throughout Europe, can you introduce your relationships in this industry?”Feng Xiaochen.
"Very pleased."Holtby said, “I graduated from the Cambridge Department of Physics and after graduation I went to Fengshen Electronics as a process engineer.Later, as you know, Fengshen made a strategic mistake in the development of several audio decoding chips, was heavily in debt, and eventually went bankrupt.However, my colleagues at Fengshen were hired by a number of semiconductor companies in Europe, which gave me friends in these companies, and several friends even became executives in the company, and they were able to provide me with a lot of internal information.
Holtby said with a vinegar that he was hired by Chenyu Information Company to do intelligence gathering, so he thought that Feng Xiaochen was also concerned about this matter.Instead of correcting his illusion, Feng Xiaochen asked the companies, and Hodby knew about them.Hotby was a very dedicated broker, knowing nothing in front of his employer.Of course, he also knows a lot about the situation of these companies, and the things that are said are not fiction, and Feng Xiaochen listened to even nods.
“Did you just say that Linton has been relatively tight-lipped in recent times and is interested in bringing in strategic investors?”
After listening to Hotby's story, Feng Xiaochen suddenly threw a question.
“Yes, a friend of mine worked at that company, and last month he called me and asked if I knew some investors that they were interested in taking out a 5 per cent stake to raise a fund to develop new technologies.”Hotby.
Feng Zhichen asked, “How much money do they want to exchange 5% equity for?”
"About a million dollars."
“Lily, Linton’s net worth is less than $10 million, right?$1 million is equivalent to a 10% equity stake.”
“Maybe this... maybe that’s it.”
“If I give you a million dollars, can you get a 10% stake from Linton?”
As soon as Feng Xiaochen said this, Holtby was stunned and his eyes rolled round.He also took a look at the package, trying to get some inspiration from the package, but the package was just laughing and not talking, and did not explain anything to him.
In fact, not only was Holtby, when Bao Chengming had just arrived at Feng Xiaochen's plan, he was also Leided out of Jiao Linen.Feng Xiaochen and Bao Chengming said to meet those contacts, Bao Chengming guessed a lot of possibilities, but mainly around the exploration of news or the promotion of products these ideas, who knows Feng Xiaochen actually want these people to help him to buy a number of European companies equity, which in the 1990s in China is simply a night.
Regarding the acquisition of equity in European companies, Feng Xiaochen did not pass through the wind to Bao Chengming in advance, but the specific operation began as early as 10 years ago.Bao Chengming once arranged according to Feng Xiaochen, more than a dozen enterprises were registered in several offshore registration centers in foreign countries, all of which were small companies with a registered capital of only 10 US dollars.Bao Chengming has not known what the purpose of Feng Xiaochen's registration of these companies is, because these companies have not done any business for a long time after registration, and occasionally help other companies to pour a few payments, but more like the operation to prove the existence of these companies, which has no practical significance.
This time, Feng Xiaochen to the bottom of the package, Feng Xiaochen only know that not only Chenyu information company has invested in such a small leather bag company overseas, Philo bearings, spring restaurants, etc. have done the same thing, Feng Xiaochen's ghost company has accumulated as many as 50 or 60, and the registration time and business type are different, so that people can not identify the connection between these companies.
After Bao Chengming summoned his agents in Europe, Feng Xiaochen began to hold separate talks with the representatives, and Bao Chengming also participated in these talks throughout.Feng Xiaochen's procedure of talking to each agent is similar, that is, to first ramblingly understand the familiar areas of the agent, and to inquire about the agent's relationship with a certain company.Until the identification of the agent's character is reliable, and at the same time with Feng Xiaochen's mind of a certain company also has a certain connection, Feng Xiaochen will throw a similar problem, let the agent come forward to buy the company's equity, and the real purchaser, is Feng Xiaochen's ghost company.
"General Feng, the operating conditions of these companies are very ordinary ah, let's buy their equity for what?"
When he first knew the arrangements of Feng Xiaochen, Bao Cheng Mingjun II still could not touch his head and asked Feng Xiaochen in amazement.
Feng Xiaochen smiled and said, “If it weren’t for their general business situation, how can we afford to buy their shares?”These companies are also companies with some roots in Europe, if not because the European economy is deteriorating, which round will we buy their shares?”
"However, these companies are very difficult to make a profit, we buy these shares, obviously a loss of business ah."With these foreign exchange, even if you buy some good stocks in the European or American stock market, the return is more than that.”Packed into a clear.
Over the years, Chenyu Group's bearing companies, construction machinery companies, etc. have carried out some foreign trade business, including the Chenyu Information Company, which has also done some overseas consulting projects, and has received a lot of foreign exchange.Some of these foreign exchange was paid in accordance with state regulations, while others remained in the hands of Chenyu's overseas companies through various means.This practice is strictly illegal, but all the private enterprises that do foreign trade business will do this, because private enterprises to apply for foreign exchange quota is very difficult, do not want to leave their own foreign exchange in hand, in case of imported equipment from abroad and the like.
How much foreign exchange the group has saved is not clear.However, looking at the meaning of Feng Xiaochen, it seems that he can take out tens of millions of things at once, because he wants to buy so many enterprises, some enterprises are ready to invest hundreds of thousands, some enterprises invest hundreds of thousands of dollars, and the sum is not a small number.
These enterprises that can spend hundreds of thousands of dollars to invest in are not large enterprises, and they can't see any investment value for a while, and I really don't know what Feng Xiaochen thinks in his heart.Moreover, even if you want to invest in these enterprises, Feng Xiaochen can also be done in a large way, why so close to the bottom, first in such an offshore registration center such as Bermuda to register a ghost enterprise, and then to find European brokers to come forward to buy.In addition, Feng Xiaochen also asked these brokers not to meet each other, that is, they can not let them know that what they do is related to Chenyu company, and it is puzzling to this extent.
Feng Xiaochen did not give a detailed explanation to Bao Chengming, but told him: "Old bag, some things, now you can't understand it when you say it, or wait until later."We invested in these enterprises, the involvement is very wide, I can't care, and I will give it to you to take care of it later.Remember, you must not disclose the situation of these enterprises, even if someone finds that a company has our Chinese shares, can not let them realize that the shares of all these enterprises are related, understand?
Bao Chengming said, quickly holding his chest to ensure: "Understood, Feng, you can rest assured that I am personally responsible for this matter, no one in the company will know the details."
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