Back to 1990 - Chapter 1237
Lu Feng lay on the bed and couldn’t sleep. He knew that Su Yourong must be anxious now, but if he was more anxious now, maybe the other party would come back to it.
So the next few days have to be tense, this is a game of who can spend more.
In the next few days, Su Yourong would contact Lu Feng by phone almost every day, saying that he had found a suitable one and they could meet and talk, but Lu Feng was hesitant, and at the same time told Su Yourong about the situation of those two families. , he prefers larger venture capital firms to compare with each other in terms of investment.
The originally harsh terms were relaxed a lot, and in the blink of an eye, it was Thursday, and Lu Feng knew that he had to give her some confidence, or she might really give up.
“The valuations of these two companies are already the highest, and there is only a difference of 200 million yuan over there. There are a lot of terms over there, and this side can be much looser. Why are you hesitating?” Su Yourong was quite confused on the phone. Dissatisfied, he said: “I have worn out my lips for you these days, and it doesn’t mean that I have to earn this little money from you.”
“You still need an agency fee?” Lu Feng asked in disbelief.
“This is a company action, and I don’t want to accept it, but it needs to be reflected in the financial report. Generally, there are three points for the industry, and you can just give one point.” Su Yourong felt that he couldn’t make it clear on the phone, and said, “Are you at home? I Go now.”
The phone was hung up, and Lu Feng sighed, secretly thinking, it might be today.
In less than forty minutes, Su Yourong came to the door. It was obvious that she was in a hurry. She even put on her makeup, wore a dress, and tied her hair casually.
“Hesitating, you couldn’t be like this before.” Su Yourong stepped forward and said, “Can’t you tell the difference? What are the conditions over there? What are the conditions here? Besides, Now you sign a contract with them, once they figure out your details, what if you get stuck in the process for a month or two?”
“These are all problems, everything has risks, but is your side safe?” Lu Feng said to her: “Sit down and drink some water first! This side is very sincere, at least there is a way, your side I checked the two companies in the company, and they haven’t made any big investments before, have they?”
Su Yourong sat down, took a sip of water and said, “Let me tell you, this side is more stable. These companies all have big bosses behind them, but it’s just not convenient for them to come forward. It’s all because of me. The person you are looking for. If you accept the investment, you can go through the process and get the money in a week at most!”
“The procedures in Hong Kong Island are much less than the international ones!” Lu Feng took a deep breath, as if he was making some important decision.
“You weren’t like this before!” Su Yourong looked at him with a slight frown and said, “Is this choice so difficult?”
“Once it accepts overseas financing, Hurricane Capital can be regarded as an international enterprise.” Lu Feng hesitated for a moment, as if he had compromised, and said, “Forget it, let’s solve the urgent need first, then let’s meet those two investors, I Bring the information of Hurricane Capital, if there is no problem, you can sign it today?”
“Can!”
Half an hour later, Lu Feng and Su Yourong discussed the requirements of both parties. The two companies hold 40% of the shares and send a financial team. They have no authority over the management and no profit requirements. The company’s progress will be reported every six months. Report on the progress of major projects.
The 40% equity will not participate in equity dilution within three years. After all funds are in place, the equity will officially take effect.
The requirements for Lu Feng are relatively low, as long as Hurricane Capital does not suffer major losses, the research and development progress will continue to be followed up.
At 10:30 in the morning, I met the heads of the two companies in the living room of a five-star hotel. The two of them were not very old, and they looked no more than forty years old. When they met, they just exchanged pleasantries. What did Lu Feng do? He has heard about his name for a long time, and this time he represents the company to invest, as long as there are no major problems, he can basically sign the contract today.
Lu Feng handed the prospectus to the two of them, and then talked about the company’s situation. Lu Feng found that one of them couldn’t even understand the prospectus, and he didn’t know anything about the legal issues of buying shares.
Su Yourong was on the sidelines to help change the topic. The two parties reached a preliminary agreement, and then signed a letter of intent for investment. Tomorrow, Lu Feng will ask the company to prepare relevant materials. The situation is well understood.
The two parties had a meal at noon, and Lu Feng returned to the company in the afternoon and asked Wei Yandan to prepare relevant materials. In the office, Wei Yandan looked at Lu Feng and said, “Boss Lu, with such a small amount of money, 40% of the equity will be sold out? Isn’t the valuation too low?”
“Such a small amount of money? They gave it based on a valuation of 4.8 billion Hong Kong dollars. This is 1.92 billion Hong Kong dollars, which is converted into 240 million U.S. dollars. What is the current environment? You can’t use the previous Jiafeng This is based on the current situation!” Lu Feng looked at her and said, “After all, there are too few opportunities to meet the Schroeder Group!”
“But the 240 million US dollars is enough for a year’s budget. I talked to Mr. Liu. Even if the budget for next year is reduced, it will still cost 80 million US dollars!” Wei Yandan said with some concern: “Next year will start what to do?”
“You don’t need to worry about this matter, there must be a way for the car to reach the mountain!” Lu Feng asked her to prepare materials.
The process went very quickly. All the agreements and legal procedures were completed within a week. The funds were in place within half a month. Lu Feng gathered everyone together for a meeting. With the funds in place, there are not many things that need Lu Feng’s attention in the future. too much.
Zhu Lidong briefly talked about the situation in the mainland market. At the same time, he still wants to try to develop the markets of neighboring countries. Now the international environment seems to be less intense, and material suppliers are also a big problem.
Liu Cheng spends more than half a month overseas on business trips, most of the time in Fusang, and it is difficult to negotiate a cooperation with Sharp.
Afterwards, Lu Feng didn’t care too much about it, and the senior executives were all old people, so they didn’t need to keep an eye on the progress every day. At the same time, Lu Feng also announced the equity plan of the executives.
One percent of the dry shares of each of the original executives is the second type of shareholding, with the right to dividends. After working in Hurricane Capital for ten years, the equity belongs to the executives. This type of shareholding is subject to equity dilution. The bonus system is also clearly stated.
Everyone’s income has indeed decreased, but the blueprint drawn by Lu Feng also tells everyone that the dry stocks in their hands will be worth no less than 100 million U.S. dollars in ten years.
If someone else said this, maybe everyone would not believe it too much, but Lu Feng still had some weight when he said it. Anyway, we have already come here, and everyone feels in their hearts, let’s do it first.
“It will be May soon, and half of the year has passed. You need funds, and I have found them for you. At the end of the year, I hope to see everyone’s hard work this year.” Lu Feng said to everyone: “I Well, I will pay attention to the company, but not too often, it really gives you room to play, if you have any uncertainties, just call me, that’s it!”
As the meeting adjourned, Lu Feng had a meal with everyone. He had more important things to do next. Su Yourong had already indirectly controlled 40% of Hurricane Capital’s shares. She herself was one of Hurricane’s shareholders. Holding 5%, this 5% is the parent company of the holding joint capital.
In other words, as the major shareholder, Lu Feng actually controls United Capital, but in terms of registered capital, acquisitions, and daily owner, it is Su Yourong.
Su Yourong’s thinking is also very simple, she actually holds 45% of Hurricane Capital’s equity right now, next year there will still be problems with Hurricane Capital’s funds, and if she buys another 6% at that time, she will absolutely control it.
Lu Feng also knows this situation, so in order not to raise funds in the future, as long as he wins the United Capital, integrates the enterprise into a group, and supports it with internal funds, the funding problem will not be a problem in a short time.
Lu Feng didn’t know much about the Xiangjiang stock market, and he didn’t know which one of the United Capital stocks was the dealer. He originally wanted to use the previous manager Li, but felt that he was someone Su Yourong found, which was not very reliable.
Lu Feng asked Zhu Lidong to find a private equity manager, formed a small team of ten people, and rented an office of about 100 square meters, about a thousand meters away from the United Capital building.
“Now the total market value of United Capital is 15 billion Hong Kong dollars, which belongs to the median. The highest stock price in history is 57.5 yuan. The current stock price is 31.11. At the lowest time, it reached 18.6 yuan. The total The share capital is more than 480 million shares, all of which are currently tradable shares. Shareholders hold 230 million shares. The top ten shareholders of tradable shares own 120 million shares. The rest are in the hands of some institutions and retail investors. .” Manager Liu reported the basic situation of United Capital.
Lu Feng flipped through the report. Su Yourong’s shareholding has reached 41%, and he is definitely the major shareholder. The latest public item is the investment and use of the company’s idle funds. It shows that the risk type of investment funds is risky. .
“Who is sitting in the village? Do you know?” Lu Feng asked.
“I’ve inquired about it. It should be Jin Wanlian, a good friend of President Su. They have a very good relationship. She should have tens of millions of shares. President Su, become a major shareholder!” Manager Liu suggested.
“Build a position first today, prepare a few more accounts, hold shares separately, and talk about it after a while, and you guys do a good job of collecting data.” Lu Feng instructed.
New York, Wall Street, Tiger Fund and Quantum Fund finally paid back the remaining baht today. After the calculation, the two companies each lost one billion yuan. This huge loss was unacceptable to them.
At the Wall Street conference held by Goldman Sachs, people from the Federal Reserve also came to attend, mainly discussing financial intervention in Asia.
“Everyone can see the bubble in Xiangjiang, the transfer of a large number of industries, and the situation of financialization and real estate are very serious. Such a situation should be a very big opportunity for you.”
Robertson sat there motionless. Give this opportunity to others.
“Robertson, do you have anything to say?”
“All I know is that I shorted the baht and lost 800 million!”