Everyone's eyes were focused on Chen Jin.
Chen Jin placed his hand in front of his nose and said, "I intend to purchase 2.5 billion worth of your company's shares through capital injection and become one of your shareholders."
2.5 billion!
Upon hearing this number,
Zhang Wei Jin and the rest looked at each other. They were all extremely excited.
"President Zhang, this is a significant investment. The company's current market value is 32 billion. This 2.5 billion is equivalent to a 7.8% increase in the company's stock price!" CEO Qiu Ci Feng calculated in his mind.
"Yes, the company's stock price has been on the decline recently due to the impact of the general environment. It has been in a long-term slump. If we announce the news of Xing Hai Technologies' capital injection, the confidence of the shareholders will be greatly boosted. Our market value may rush to a high of 36 billion.
As a listed company that operated purely on capital, Zhong Xin International could issue shares on the stock market to obtain financing. It could also accept capital injection from other investment institutions.
As a listed company, every move of Zhong Xin International must consider the shareholders. They must produce attractive financial statements and be responsible to the shareholders and their capital. This would urge them to achieve greater results.
This was pressure, but it was also a form of motivation.
To Chen Jin, investing in Zhong Xin International was not a spur of the moment decision. It was part of his long-term layout and planning.
As for the 2.5 billion he wanted to take out, it was not the funds in Xing Hai Technologies' financial account. It was the cash in the two mysterious bank cards in his hands.
A total of 2.546 billion.
This sum of money was the money he and the simulation robot had earned by "selling" the 3.2 million brushless motors and 5.5 million pairs of mechanical moving parts.
It was all hard-earned money!
However, looking at the increasing amount in his bank account, Chen Jin was afraid that he would be targeted by the regulatory authorities and be asked to pay some taxes. It was not very safe.
The best way to deal with it was to spend it quickly!
It was a burden that had been weighing on his mind.
It was the most suitable investment.
Also, he invested 100 million for the director Shi Xiao Tao who came to him last time. Of the 100 million he invested in her movie, 50 million was transferred from his personal account. He spent the money earned from Forever in Jewels.
The other 50 million was transferred from one of the mysterious bank cards.
In this way, the savings in the three bank cards were completely spent.
After this investment was completed, Chen Jin was left with less than 500,000 in cash.
The money in Xing Hai Technologies' financial account had not been touched at all. It had no impact on the company's normal operations.
So … Chen Jin had injected as much as $2.5 billion into Zhong Xin International. What did he want?
"8% of your company's shares, a voting seat on the board of directors, and the right to participate in your company's strategy meetings," Chen Jin said.
"Mr. Chen, we have to consider this. Your request is a little too high based on our market value. 7.5% to 7.8% is an acceptable range. We can accept it. 8% is not impossible. But with our current market value, the shareholders and shareholders will not be too happy if they find out of us.
"As for the voting seats on the board of directors, all shareholders who hold more than 3% of the company's shares have them. You can even get two seats. Your company also has the right to participate in strategic meetings. You can even participate in Zhongxin International's strategic development meeting and put forward your ideas and suggestions."
The main reason was that the shareholding ratio did not reach the standard of 8%.
If he invested tens of millions more, it would not be a problem for him to hold 8% of the shares.
However, Chen Jin had no intention of increasing the amount. Instead, he raised two more conditions in succession, causing Zhang Wei Jin and the rest to open their mouths wide in shock.
"Mr. Zhang, if this investment of mine is counted as a long-term investment and will not be refunded within ten years, can you give me more shares?"
"I heard that your company has mastered the production process of the 14 nanometer chip. You have the ability to produce mobile device chips and AI smart chips. Xing Hai Technologies' Wa-wah robot will use tens of millions of CPU chips in the future. Another product developed by Xing Hai Technologies will also need tens of millions of CPU and AI smart chips in the future."
"If your company has sufficient production capacity, Xing Hai Technologies intends to place an order of 10 million chips in the first batch. I wonder if your company has the ability to fulfill it? If your company has the ability, all future orders from Xing Hai Technologies will be fulfilled by your company. Both parties will have a long-term cooperation. "
Basic shares that will not be sold for 10 years.
An order of 10 million chips!
A guarantee of long-term strategic cooperation.
In exchange for 8% of Zhong Xin International's shares.
Was there any need for hesitation and consideration?
Zhang Wei Jin immediately stood up and said, "Mr. Chen, Zhong Xin International's 14 nanometer production line has a conformity rate of more than 95%. We have the ability to fulfill your company's chip orders! We also have the ability to fulfill all subsequent orders! "
"I agree on behalf of all the shareholders for 8% of the shares! Mr. Chen, I wish us a happy cooperation and share our glory together! "
He extended his broad right palm to Chen Jin.
"A happy cooperation."
Chen Jin stood up and shook hands with him with a smile.
A strategic cooperation was reached!
After the meeting.
The executives of Zhong Xin International were extremely excited and engaged in a heated discussion.
"That's great! A large capital injection, 10 million chip orders, long-term strategic cooperation, these are all great benefits! "
"I can foresee that Xing Hai Technologies will become our super customer! If we get all the chip orders from Xing Hai Technologies, our company's revenue will increase by at least 30%. "
"With so much good news, our company's stock price will increase by at least 10%, right?"
“10%？ Definitely more than that. It will increase by at least three times! "
"We, Zhong Xin International, have encountered a great opportunity that comes once in a decade. We must firmly hold on to Xing Hai Technologies as a big customer!"
…
On the way back to the company.
Some executives expressed their doubts and puzzlement.
"Mr. Chen, Zhong Xin International is only the fourth chip foundry company in the world. There's a huge gap between us and the top three companies, Mossy Electrics, Samsin, and Intel. Zhong Xin International's market share is less than 6%. There's a gap of one or two generations between our process technology and other companies' 10 nanometers and 7 nanometers. Why don't we cooperate with the company with the strongest technical strength?"
"Mr. Chen, we're giving money and orders, and we're even buying chips with outdated performance. How can we make the best products like this? The users won't be willing to pay the bill either. "This person started to complain. He felt that the young boss was too …
"Shut up, both of you!"
Chen Jin glared at the two of them. "If you really can't figure it out, get lost!"
He turned his head and scanned the crowd. "I don't want to repeat myself too many times. I've made myself very clear. Firstly, the learning machine is not a mobile phone. It's very big. The 14 nanometer chip's performance is completely adequate!
Secondly, I don't want to be choked by others. No one can choke Xing Hai Technologies!
Also, Xing Hai Technologies holds 8% of Zhong Xin International's shares. It may increase in the future. I don't want to hear anyone say that other partners are better and that it's best to give the chip orders to others. Whoever says such stupid things again, get lost immediately! "
"Yes!"
"Yes!"
The two of them shrunk their heads and no longer dared to speak.
The other executives of the company nodded one after another. Although the young boss was not very mature, this collaboration was definitely far-sighted and far-sighted.
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