Starting with 800 Million to Spend

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Chapter 78 Acquisition of Foreign-Invested Enterprises

Chapter 78 Acquisition of Foreign-Invested Enterprises

Li Yiqi had thought about it before, wanting to get all the preliminary work done, contacting Lin Ruxu with a complete business plan, begging for a low-interest loan or investment, but she was worried that Lin Ruoyan would be disgusted and ridiculed, and would hinder her. Now that Lin Ruoyan had taken the initiative to ask for investment, and she also happened to have a project, why not do it?

Li Yiqi felt more relieved when Lin Ruxu knew about it. She guessed that it was her elder brother who mediated and arranged everything, which was why Lin Ruoyan took the initiative to talk to her.

After arranging a factory visit with Lin Ruoyan, Li Yiqi returned to her dorm and emailed Lin Ruxu, her words filled with gratitude. Due to the time difference between Country Y and China, she received a reply from Lin Ruxu a few hours later. Lin Ruxu specifically explained that she had just learned of the matter and wished them a successful collaboration.

This greatly increased Li Yiqi's favorability towards Lin Ruoyan. It turned out that Lin Ruoyan really did it for her own good, and that's why she specifically discussed the idea of ​​starting a company with her in person in Country Y. It was probably because Lin Ruoyan was afraid of being disrespected by giving money directly, and afraid of being rejected, that she spoke so tactfully face to face.

Furthermore, Lin Ruoyan had already established connections in the Greater X District of Beijing. If they successfully acquired the company in Country Y, they would immediately have a place in China with favorable policies to set up a factory. This allowed Li Yiqi to realize her dream many years earlier, and she was deeply grateful and could not repay them in any way.

On the day of visiting the factory, Li Yiqi's attitude towards Lin Ruoyan became visibly more intimate, and they really treated each other like sisters.

The person in charge of this factory has been a long-time friend of Li Yiqi's college mentor and they know each other well. Lin Ruoyan and Li Yiqi visited the existing factory and equipment together. After interacting with the person in charge and the workers, they determined that this factory was indeed worth acquiring.

While the equipment isn't state-of-the-art, the workers are highly experienced, and the person in charge is a seasoned business manager. As the new general manager, Li Yiqi will be able to learn a wealth of management and technical knowledge from these experienced veterans, something that simply can't be taught in school.

Lin Ruoyan had little experience with the technology and equipment of these medical devices, but she felt a certain familiarity with the factory's site. The factory, constructed of red brick, had a unique, shabby character. It was not far from the city center, surrounded by established residential communities and a vibrant residential atmosphere. In the future, could the old building be renovated and transformed into a boutique hotel or luxury residence? Could this be a truly creative endeavor?

So Lin Ruoyan took a lot of photos of the factory, noted down their locations, and planned to go back and study them herself. In case she needed money for a project some month, she could find an overseas design company to do the renovation design for the project.

The acquisition valuation included not only the factory, equipment, and employee contracts, but also the factory building and land. Therefore, the price tag was high, equivalent to over 70 million RMB. After accounting for taxes and fees, as well as consulting and agency fees, the total was kept within 90 million RMB.

Lin Ruoyan's time in the area was limited, so she could only sign a framework agreement first. The detailed contract, acquisition, and payment schedule would still need to be discussed in detail by Li Yiqi. Therefore, it was unrealistic for Lin Ruoyan to meet her monthly target entirely from the 90 million yuan. She couldn't claim to be in a rush to spend the money, so she could only wait for the detailed contract draft to be completed. She would control the pace of her payments, striving to pay out 50 million yuan this month to alleviate her financial pressure.

In order to make it more convenient for Li Yiqi to conduct company business, he needed a business car, and his residence and office could not be in the school dormitory. Renting a house outside also required money. Lin Ruoyan first gave Li Yiqi three million yuan in funding.

If it was a personal donation, Li Yiqi would definitely decline. But now that it was all for the company, Li Yiqi accepted the money and promised to keep a record of the accounts. Once the company was registered in China, all the initial expenses would be included in the company's accounts. She would not spend money recklessly for personal gain or pleasure.

The prodigal system opened its eyes again: [Host is amazing! Even Li Yiqi, the fake daughter who was originally going to oppose you at every turn, has obediently followed your instructions and worked for you. You gave her three million and she took it without blinking, even she was filled with gratitude and dedicated herself to the company. It's incredible.]

Lin Ruoyan was a little flattered and boasted, "That's nothing. Next time I come, I'll bring Wei Xu with me to show my support to Li Yiqi. I've got her company, house, car, and man. I only ask for one thing: that when I'm gone, her company be profitable so that my family in this world can have a stable income."

When Wei Xu was mentioned, the prodigal system couldn't help but suggest: [Host, a handsome guy like Wei Xu, are you going to give him up so easily? Why don't you have enough fun with him in China first, and then send him abroad to comfort Li Yiqi.]

The system's thinking is too dirty, and it is easy to affect your worldview if you listen to it for a long time. Lin Ruoyan secretly sighed that it was because of her strong will and pure kindness that she was not led astray. She wanted to say something to save the system, but unexpectedly her phone rang.

I saw that the caller ID was Wei Xu.

Before going abroad, Lin Ruoyan subscribed to a cross-border communication service. Even with the expensive mobile phone roaming charges, she would make calls costing tens or hundreds of dollars from time to time.

It should be around six or seven in the evening in China. After she answered the call, she asked softly, "Wei Xu, what can I do for you? My entire company and I are out of China these past few days. If it's about a film or TV project, can you wait until I get back to discuss it?"

"I'm sorry, I didn't know Mr. Lin was abroad. I want to... beg for your forgiveness. I think it might be better if I quit the crew." Wei Xu's voice was full of uneasiness.

"What on earth happened?"

"That time at the hotel, I was secretly photographed while I was seeing you and your son off. Now, I'm in the middle of filming and pre-production for that film project, right? A tabloid broke the story, saying I was providing inappropriate services to a wealthy woman, and included this photo. It might have been fabricated by a competitor, damaging Mr. Lin's reputation. I... I'm truly sorry. It was clearly Mr. Lin who was outspoken in helping me that day... and I wasn't wrongly accused; I was indeed accompanying the other woman for drinks. Someone like me, playing the second male lead, could negatively impact the crew, so..."

"Is it just such a small matter? Don't take it so seriously. Even without you, the tabloids would have made up a lot of stories about me. Just take it as a joke. As for what the tabloids wrote about you, it's clearly giving you free publicity. Why did you quit the crew? Was it the director, the screenwriter, or your boss Dai who asked you to quit? Tell them to call me. If you don't want to act anymore, I will withdraw my investment immediately."

Wei Xu had expected Lin Ruoyan to be furious, blaming him for his reputation and wanting to quit, but he hadn't expected her to react in this way. Could it be that Mr. Dai was right, that Lin Ruoyan invested in this project because she valued him? However, since the project secured funding, Lin Ruoyan hadn't contacted him, not even visited the set. He was so busy with his acting that he had no energy for anything else, and he even occasionally felt lost, a bit like he'd fallen out of favor.