After Feng Yu left, Liu Chuanzhi met with all the higher management of Hong Kong Lenovo, including a few of his partners. He wanted to know if Feng Yu had bribed these people to know that Hong Kong Lenovo was going to be listed.
If Feng Yu knew about this, he would surely lower the prices and make Lenovo suffer losses.
However, Liu Chuanzhi did not find out who had leaked the news after investigating for a while. He also felt those higher management would not accept bribes from Feng Yu. If Feng Yu wants to bribe someone, he should be bribing Liu Chuanzhi.
Liu Chuanzhi called back to Beijing to report the situation to his leader. The leaders also found out that Feng Yu owns the Wind and Rain brand and is also the major shareholder of Songjiang Motors.
This means Feng Yu must be very rich, and Feng Yu had shown that he wants to buy Lenovo's shares. This means they can ask for a high price.
Of course, they told Liu Chuanzhi that they will not sell their shares and can only let Feng Yu invest. This way, their shares will only be diluted, but the market value will not be lowered. If Feng Yu were to buy their shares at a high price, the market value of their shares will increase.
But they did not consider that Liu Chuanzhi and the rest of the management's shares will be diluted. Lenovo can become what it is today because of the management team and the founders.
Liu Chuanzhi and the rest wanted to restructure the company and give their employees shares. The Chinese Academy of Sciences agreed, but the shares given to them were not a lot. Although the shares given were considered a lot based on the market value, a few of the higher management had complained to Liu Chuanzhi that the shares given to them were too little.
Look at the bosses of those private companies. They were not even as capable as them. But they had borrowed money and developed their companies. Now, they were earning more than them.
With this comparison, they will feel unbalanced. Once a sign of imbalance appeared, it would be very difficult to suppress it. Even Liu Chuanzhi himself had wondered more than once whether he was asking for too little. Compared to his contributions, his income was too low!
But no matter what, Feng Yu still does not want to leave Lenovo. This is where his dream began. Furthermore, he firmly believes that with his contributions, he will get more shares in the future.
…
"General Manager Feng, please take a seat. I've reported to the higher-ups, and they said that you can invest in the company, but they won't sell the shares to you directly, "Liu Chuanzhi said after sitting down.
Feng Yu had thought of this. Anyone with some confidence will not sell their company's shares before the company is listed. However, many companies would look for financing before going public, which was something that many companies would do. Therefore, when Liu Chuanzhi said this, Feng Yu was not surprised at all.
"In that case, how much money does Director Liu think I can invest and how many shares will I get?"
"50 million. I'll give you 18% of the shares." Liu Chuanzhi looked at Feng Yu and said.
"Director Liu, are you joking? The total assets of both your companies is less than 180 million RMB. If I invest 50 million, I should get at least 21.7% of the shares. Manager Liu, how did you calculate this 18%? "Feng Yu asked.
Feng Yu knew that the other party will surely increase the price, but he will not agree to it. Furthermore, 18% of the shares is too little for Feng Yu. Since the other party is willing to offer so much, it should not be a problem for him to offer more.
In Feng Yu's previous life, the Chinese Academy of Sciences was not the controlling shareholder of Lenovo. That means the Chinese Academy of Sciences does not need to be the controlling shareholder of Lenovo.
Also, Feng Yu wanted to test if the Chinese Academy of Sciences is willing to sell some of their shares to Feng Yu if he offered a high price.
Feng Yu felt that it is impossible for him to become the controlling shareholder of Lenovo, and Liu Chuanzhi and the rest will never agree to it. But it should not be a problem if Lenovo becomes the second biggest shareholder.
"General Manager Feng, I know that the market value of both companies is not that high. But our companies have lots of patents and professionals. Also, there is one thing we haven't evaluated yet, and that is our PC project. That's why we feel that it is reasonable for General Manager Feng to get 18% of the shares for 50 million RMB. "Liu Chuanzhi explained.
"Oh? But doesn't Lenovo already have a PC project? I had mentioned to Director Liu that I had bought Lenovo PC before. " If Feng Yu were to weigh the pros and cons, he will feel that Liu Chuanzhi's offer was too low. 50 million RMB is only enough for 10% of the shares. This is because Lenovo's PC business will be the company's cash cow in a few years' time.
But Liu Chuanzhi does not know that the PC business will be so profitable, and Feng Yu will not be so stupid to tell him about it. Instead, he had to act like the PC business is not worth this price.
"This is different. At that time, our focus will not be on this. After that, we will set up a computer division to specialize in computer projects. This business will bring huge profits to the company and will also bring high returns to the shareholders."
"PC division? Do you all have the related patents? Can you all produce your own components? I guess you all should be buying some motherboards, graphics cards, RAM, floppy drives, monitors, etc., and then assemble them yourself. Add in a Lenovo Han Card and call it your own product. "Feng Yu smiled and asked.
In Feng Yu's previous life, more than one person had complained that 99% of Lenovo's PC components were ordered from OEM factories. Lenovo only does the exterior design, functions, and software development.
Now, Lenovo does not have money, and it is impossible for them to produce those components themselves. If that is the case, the cost of a PC will be ridiculously high, and Lenovo will not be able to start the price war and capture the Hua Xia market. They will not be able to dominate Asia or even the world.
Liu Chuanzhi was embarrassed when he heard what Feng Yu said. He did not expect Feng Yu to know about PC. But Feng Yu's business is so big, and he had used a PC before. It should be normal for him to know about PC.
"We will look for other factories to manufacture the PC for us. As for the patents, we will also buy the authorizations. This way, the cost will be lower, and our products will be more competitive." Liu Chuanzhi explained.
Feng Yu smiled and asked: "Manager Liu, have you heard of PC assembly?"
In Feng Yu's previous life, after the year 2000, PC entered every household. At that time, the prices of laptops were still high, and desktop PCs were the first choice for most families.
At that time, other than companies and government agencies, most of the students and families would go to an electronics mall and pick a shop to buy a PC. In other words, he would tell the shop owner, "What kind of item do I need? What kind of configuration do I need?
Buying a PC with the same configuration will be cheaper by more than a thousand RMB compared to other brands. As for the after-sales service without branded products, there are shops selling the PC. The effect is the same, and the service might even be better.
But at that time, there was no PC assembly. This was because the technology was not good, and many parts were damaged easily. It was not like in Feng Yu's previous life. After the year 2000, many university students and even middle school students could assemble their own PC.
Liu Chuanzhi was stunned: "What did General Manager Feng say? PC assembly?"
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
