After a few days and nights of thinking, Wang Dongsheng figured it out.
It did not matter if he managed to trick Chen Yu, or if he was tricked by Chen Yu.
Wang Dongsheng only knew that Beijing Oriental needed money, a lot of money.
At present, bringing in Huanyu Technologies was the best strategy.
As for the controlling shares, Wang Dongsheng did not have any controlling shares in the first place.
He also knew that it was impossible for him to have any controlling shares.
The future investment in the display business could easily be in the hundreds of billions. Wang Dongsheng was only a professional manager, not a pure businessman. He did not have that much money. He was already satisfied with a few percent of the shares. Of course, he also knew that even if Huanyu Technologies managed to acquire the controlling shares, the specific management would only be handed over to him.
Wang Dongsheng was also very confident.
In the country, there was no one more suitable to run the display business than him.
Then, Wang Dongsheng invited Chen Yu again.
A round of discussion.
Wang Dongsheng agreed. They didn't encounter too much trouble.
After Wang Dongsheng put on a show with the Beijing City and the bank, the Beijing City and the bank finally made up their minds to sell their shares.
Huanyu Technologies also took advantage of this opportunity to acquire 51% of Beijing Oriental's shares at a price of 8 billion.
However, although Chen Yu acquired 51% of Beijing Oriental's shares, the financial problem of Beijing Oriental was not solved.
The 51% of shares was the money that Chen Yu used to buy the shares. This money would not be transferred to Beijing Oriental's account, but to the Beijing City Government and the bank. At present, Beijing Oriental was not only suffering losses, but it also had the problem of having to greatly expand its capacity.
On one hand, it was a loss, and on the other hand, it had to expand its scale. For an ordinary company, this was probably the end.
Under normal circumstances, the loss should be to reduce the scale.
However, Beijing Oriental did the opposite. The more it lost, the more it invested, and the more it invested, the more it lost.
This was also the reason why the Beijing City Government and the bank wanted to sell it.
"Boss Chen, our next step is to build a 4.5 generation line. The specific investment is about 8 billion yuan. However, the company is out of money. "
With the information in hand, Wang Dongsheng found Chen Yu.
"Uncle Dongfang, what do you mean?"
"What I mean is, can Boss Chen contact the higher-ups in Shencheng?"
"Haha, Uncle Dongsheng, the higher-ups in Shencheng are not as gullible as those in Beibei. They are shrewd."
Chen Yu smiled.
Shencheng was a pragmatic city.
Everything depended on money.
Even the higher-ups in Shencheng wouldn't care about you if you didn't make money.
"Boss Chen, after all, you have some influence in Shencheng."
"That's another story. But if Shencheng's higher-ups don't invest money, what can I do to him?"
Could it be that he could move a series of businesses away from Shencheng?
Of course, this was a joke.
Even if the higher-ups in Shencheng agreed, Chen Yu wouldn't agree.
With the current situation in Shencheng, Chen Yu couldn't find another place more suitable for Huanyu Technologies' business than Shencheng.
"What about the follow-up funding?"
"Uncle Dongsheng, how much money does the 4.5 generation line need?"
"8 billion yuan."
"Okay, I'll invest."
"Huh?"
Wang Dongsheng thought he heard wrong.
"Boss Chen, you'll invest another 8 billion yuan?"
Wang Dongsheng confirmed.
"Yes."
Chen Yu said, "I can't fool the higher-ups in Shencheng for the time being. In this case, I'd better invest myself."
"But …"
"But what?"
"No, nothing …"
Wang Dongsheng was stunned.
Wang Dongsheng was shocked when Chen Yu took out 8 billion yuan to buy the shares of the higher-ups in Beibei.
However, Huanyu Technologies had a lot of capital, so it was possible to use some means.
But he had just taken over the shares of the higher-ups in Beibei, and now he was going to invest another 8 billion yuan?
Damn, did he think the yuan was Vietnamese dong?
However, Chen Yu didn't care what Wang Dongsheng thought.
He looked at the information and then said, "Uncle Dongsheng, is one 4.5 generation line enough?"
"It's enough for the time being."
"What do you mean it's enough for the time being? This won't do. Why do I see that Samsung seems to have several fifth generation lines?"
"Samsung does have three fifth generation lines."
"Samsung has fifth generation lines, so we have to have them too. By the way, how much does the fifth generation line cost? "
"10 billion yuan."
"Okay, I'll invest."
"…"
"Uncle Dongsheng, what's wrong?"
"Boss Chen, you're not joking, are you?"
"Do I look like I'm joking?"
"No, but …"
"No buts. Hurry up and set up branches in Shencheng and Hang City. By the way, we can't get any money from Shencheng for the time being. We have to settle the land and taxes."
Seeing that Wang Dongsheng didn't respond, Chen Yu asked, "Uncle Dongsheng, what's the situation?"
"No, nothing, I'll do it."
Wang Dongsheng opened his mouth several times, but in the end, he didn't say anything.
After that, Wang Dongsheng followed Chen Yu's arrangement and registered two subsidiaries in a row.
One subsidiary was responsible for the 4.5 generation line in Hang City.
The other subsidiary was responsible for the fifth generation line in Shencheng.
One invested 8 billion yuan.
The other invested 10 billion yuan.
Of course, the reason why he had to register two subsidiaries was to avoid risks.
If there were problems with the subsidiaries, it would be the subsidiaries' problem. He wouldn't affect the head office.
Other than that, it was also because of the need for equity.
In the first place, Chen Yu was the one who wanted to fork out the money.
If Wang Dongsheng and some other shareholders didn't have money, their shares would be diluted.
However, this was actually also a troublesome matter.
It was better to set up a subsidiary. Chen Yu would hold 95% of the shares, and the head office would manage the 5%.
This way, Beijing Oriental's equity dispute would be avoided, and Chen Yu would also be able to obtain greater benefits.
Just like now.
Chen Yu held 95% of the shares in the subsidiary, so Chen Yu enjoyed 95% of the profits of the subsidiary.
Even if 5% had to be handed over to the head office, Chen Yu held 51% of the shares in the head office.
Therefore, in summary, Chen Yu enjoyed more than 97.5% of the profits of the subsidiary.
As for the remaining 2.5%, it would be Wang Shengdong and the other management's equity benefits.
However, even though that was the case, this wave of operations, coupled with Chen Yu's 8 billion yuan acquisition of shares …
In other words, Chen Yu had invested 26 billion yuan in the display business this time.
Wang Dongsheng couldn't believe this number.
He once thought that Chen Yu was joking.
Or perhaps, he felt that Chen Yu was spreading the news to attract other people to invest.
However, when Huanyu Technologies transferred the funds to the accounts of the two subsidiaries, Wang Dongsheng exploded.
"18 billion yuan, it is indeed 18 billion yuan."
"The account for the 4.5 generation line is 8 billion yuan, and the account for the 5 generation line is 10 billion yuan."
After carefully counting several times, Wang Dongsheng felt that something was wrong.
He felt that it should be 1.8 billion yuan. It couldn't be 18 billion yuan. It was impossible.
However, after counting 13 times, Wang Dongsheng finally believed it.
Chen Yu wasn't joking.
He really invested so much money.
However, there was a problem.
This guy, where the hell did he get so much money?
Robbing a bank?
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.