"Don't rush it, there's no point in rushing it. Even if I take out the technology for civilian use, the cheapest price will be 600 pounds and the price will be more than 10,000 Chinese coins in China. Although there are many people in China who can afford it, there are not many who are willing to buy it."
"But our production cost is low, Mr. Devonshire. Things that cost 100 pounds in England will never cost more than 50 pounds in China. Even if you can't take out the best technology, it shouldn't be difficult for you to have technology that is on par with the current mobile phone technology on the market."
"That's not difficult," William thought and pointed to the sky. "Forget it, that's it for today. We'll talk about it later."
"Alright," Professor Lai also understood that it was not a good time to negotiate.
Opening the door, William got out of the car and nodded to the other four Chinese experts who had been waiting outside. He said to the hotel's butler, David, "Take me to the conference room where Anthony and the others are."
"Yes, sir." David bowed slightly and gestured for William to follow him. He then walked in front to lead the way.
The elevator stopped on the fifth floor of the hotel and they followed David to a large conference room. As soon as they entered, Anthony and his men immediately stood up and greeted William. William smiled and nodded. "Who's following up on my mother's side? How's their standard?"
"Boss, you don't have to worry about Mrs. Lena. The person in charge this time is the main partner of our law firm. He entered the business 20 years before me. When they received your commission this time, the partners of the law firm almost fought over it," Anthony said with a gloating smile.
"Because of the Devonshire Family Fund?"
"Of course, boss. Although the annual salary of 1.2 million pounds is a rare high salary, it's not enough to attract the main member of the Lawyer Committee. If they can't find a breakthrough with you, the partners of the law firm will definitely not let go of the opportunity to serve another member of the Devonshire Family.
"In addition, if they can become one of the members of the executive committee of the Devonshire Family Fund, there are many benefits. When I think of the annual charity amount of 100 million dollars, I'm a little tempted."
William laughed. He did not comment on Anthony's hint. Some things were more convenient and safe than others. He could not leave everything to a lawyer.
Although the total proportion of employers being cheated by private lawyers was very low, it was not a small number just by looking at the numbers. "Does the executive committee of the foundation include the lawyer responsible for the foundation?"
"Generally speaking, that includes the lawyer in charge, but it's up to the fund owner to decide whether to allow lawyers and accountants to join." Anthony hesitated for a moment and said, "Boss, I suggest you let Lawyer Thomas join. He's one of the top lawyers in the British legal industry. He's been in the industry for 40 years. If he's in charge, there won't be any problems in the future."
"Let's talk about this later." William didn't agree immediately. He just looked at Anthony in confusion.
After working for William for so long, Anthony also had a certain understanding of him. When he saw William looking at him, Anthony smiled and said, "I'm a student of Lawyer Thomas. I know him very well. More than 7% of the lawyers in the United Kingdom are his students. Therefore, Lawyer Thomas himself and us students have a network all over the British legal industry, affecting more than 40% of all legal disputes in the United Kingdom."
"Ha, isn't that the oligarch in the legal industry?" William thought for a moment and said, "How much is your firm worth?"
"No way, Boss." Anthony was a smart man. He knew William's habit of wanting to have everything in his hands. "Is that necessary?"
"Of course, my energy hasn't been in the company before. My Devonshire Industries is a shell company with an office less than 100 square meters and two front offices. Now, not only do I have Chelsea, Aston Martin, but I also have England Electricity, a company with more than 9,000 employees. It's time to set up a professional advisory group to serve me."
"Well, now that you mention it, it does need to be formalized. If the outside world knows that your main tax paying company is actually a company with only two front offices and more than ten lawyers, they will definitely laugh to death." Anthony thought for a moment and said, "The last time our law firm and accounting firm merged, the valuation was 3.8 million pounds. Now it's about 400 million pounds."
"150 million pounds, I want 34% of the equity."
"As long as you have a veto, it shouldn't be a big problem. Will the fund and the future financial problems of all your companies be handed over to our firm?" Anthony asked hesitantly.
William laughed. "If you want all the business, then let me buy 51% of the shares."
These words made Anthony roll his eyes. "Boss, the firm doesn't make money. The limited partner system is implemented and only 30% of the money is handed over to the firm. And this 30% has to be responsible for paying the salaries of interns, lawyers who are not qualified to be partners, and other employees. The firm's annual profit is less than 12 million pounds. Is it appropriate to spend more than 200 million pounds to exchange for a company with a dividend of only 6 million pounds a year?"
William shook his head with a smile. "I don't lack this money. I can even guarantee that my dividend will be rewarded to the top three lawyers and accounting team of the firm. What I want is that there are no legal and financial problems."
"Okay, you're the boss if you're the one paying. I'm definitely willing, but I want to convince the other partners." Anthony thought for a moment. "If you authorize me to show the other partners some of your patents and inventions, then it shouldn't be a big problem. After all, the purpose of starting a company is to make money."
"No." William rejected without even thinking. He wasn't that stupid to show the patents and technologies in his hands just to buy a firm. "If you don't agree, then forget it. You can continue to be in charge of my legal issues. We'll talk about other things later."
What else? Anthony knew that if he didn't agree, William definitely wouldn't ask their firm to manage the financial problems. "Okay, boss, I'll have a good chat with the other partners. Hopefully, these guys aren't too stupid to only focus on the immediate benefits."
"If you want to make a lot of money, you have to have foresight." William pursed his lips. "Okay, let's not talk about this anymore. Have you registered the new company I asked you to help me register?"
"It's done. Devonshire Defense Equipment Company. It's a wholly owned subsidiary of Devonshire Industries. Its registered capital is 100 million pounds." Anthony took a file from his subordinate and handed it to William.
"Okay." He took out his phone and scanned the documents in the file. Sunday quickly reported, "Sir, there's no problem with the documents."
Hearing that there was no problem, William smiled and took the pen Anthony handed over. He signed his name on the document and returned it to Anthony.
"Boss, the new company will be officially established in about three days. Congratulations, boss, you have another industry with a bright future."
"Thank you. I've sent you a confidential email for a patent application for virtual imaging. Hurry up."
"Understood."
After sending Anthony off, William asked Sunday, "Any news from the White Spirit?"
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