Chapter 439 Capital Game



$2.5 billion acquisition of Longyao Mobile?

Li Zhi and Peter Ma, who were accompanying him, were both numb.

That's over 15 billion Dragon Coins! None of them have ever seen so much money before.

How much did Longyao Mobile invest in initially?

But Su Wu sneered inwardly upon hearing this.

Both of these proposals are treating him like an idiot.

The company behind Longyao Mobile is not valuable; what is valuable is its smartphone technology.

If this technology were actually sold, it would definitely be worth more than $2.5 billion.

If it weren't for the need to develop domestic technology, he would have sold it long ago; why go through all this trouble?

He smiled at Rock and Li Zhengdao, "Mr. Rock, let me reiterate, I do not accept any financing, nor will I sell my company or technology."

Upon hearing this, Rock's face immediately darkened.

Su Wu's attitude angered him; he had no intention of continuing the conversation.

Li Zhengdao sat to the side, his eyes darting around, and sneered, "Su Wu, you can call the shots on other things, but not on Bawang TV, right? I remember you only have 30% of the shares, don't you?"

He was right about that.

Su Wu contributed his technology as equity, holding a 30% stake, making him the largest shareholder.

But if all the shareholders are combined, he really can't run a one-man show.

It must be said that the Li family's shareholding in BaWang TV is not small, probably around 20% in total.

The remaining shareholders were various powerful figures whom Su Wu had brought in to balance the relationships.

In retrospect, this has become a fatal weakness.

Li Zhengdao's meaning was also very clear: it's your business if you don't want to sell, but it's none of your business.

He raised his chin smugly and whispered to Rock again.

After a moment, Rock laughed and said, "It would be good to cooperate with Bawang TV. We can also invest in or acquire it entirely."

No sooner had he finished speaking than Li Zhengdao shouted, "Peter, Xiao Zhi, you are also shareholders of Bawang TV. You can't follow Su Wu's foolish actions. This is a once-in-a-lifetime opportunity!"

Upon hearing this, Peter Ma and Li Zhi exchanged glances, unsure of what to say.

As investors, this is definitely a good thing for them.

With new investment, everyone's share price will rise, and if the company can go public, they will earn even more.

However, they all knew that Su Wu was very averse to the company going public, so they didn't mention it.

Actually, there are already calls within the company to go public, but it hasn't been studied yet.

The atmosphere suddenly became a little awkward.

Seeing this, Su Wu could probably guess what had happened.

After all, people invest to make money.

This made Su Wu sigh at the pervasive influence of foreign capital.

Sometimes you really can't stop it.

Needless to say, even if Su Wu doesn't agree today, Li Zhengdao will still help Luo Ke contact those shareholders.

A shareholders' meeting will be indispensable at that time.

The final outcome will likely involve accepting financing; there's no doubt about it.

Thinking about this, Su Wu felt somewhat troubled.

He smiled and stood up. "That's enough for today. We can talk about it later."

After saying this, Su Wu left his seat in a very ungentlemanly manner.

Li Zhengdao sneered, "Hmph, look at his behavior, doesn't he know who he is?"

Peter Ma and Li Zhi both changed their expressions, exchanged pleasantries with their foreign friends, and then left one after another.

They arrived at Su Wu's rest room, looking somewhat worried.

Li Zhi shouted, "Third brother, Ma Ge and I are on your side, don't misunderstand. We didn't know about this beforehand."

Su Wu waved his hand, gesturing for them to sit down and have some tea. "I know, but I don't have the energy to waste time arguing with them."

Peter reassured her, "Xiao Wu, don't worry. We had a contract, so they can't sell the shares. If they want to sell, they have to sell to us first."

Su Wu wasn't worried about this, since everything was clearly written down in black and white.

If anyone wants to sell their shares, those shares will be sold to existing shareholders first.

Furthermore, his 30% stake will never be diluted by financing, so what does he have to worry about?

He simply didn't want foreign investment to come in, but unfortunately, he couldn't stop it.

He said in a deep voice, "Do you really think BaWang TV can survive without going public? I'm afraid your Li family wouldn't agree to that either."

"This..." The two of them were speechless.

After a long pause, Peter Ma slowly spoke, "Billy has already told me that there's a strong call within the company to go public. I've been holding back, and I know you're not interested, but it's probably only a matter of time."

Su Wu neither confirmed nor denied it, as they were all facts.

He laughed and said, "Since we're going to go public, we should go big and list on NASDAQ to make money off foreigners."

"What do you mean?" Peter exclaimed.

"Damn it! Since everyone wants to make money, then let them make money!" Su Wu laughed.

Peter Ma and Li Zhi were both dumbfounded when they saw this.

Has this kid gone mad? Is he talking nonsense?

Just a moment ago she looked like her father had died, how come she's now getting married again?

Su Wu maintained a smile on his face, but in his heart he was extremely helpless.

This is the only option we have.

Development cannot be achieved by going it alone; it requires balancing relationships with all parties so that everyone can benefit.

The downside of this is that people in the world are often not in control of their own destiny.

However, today's events also made Su Wu realize a truth.

Since foreign capital is an all-pervasive hunter, then it should become the hunter of hunters.

They want to invest, so we'll give them projects and then infiltrate foreign financial markets.

And BaWang TV is now a very good test subject.

Originally, Su Wu didn't want the company to go public in order to ensure that it wouldn't be controlled by capital.

However, some projects are actually better off going public.

For example, BaWang TV is like that.

The threshold for LED display technology is not high; as long as you are willing to invest in research and development, you are destined to succeed.

By then, competitors will be vying for market share, but the pace of technological advancements will be slow, making it impossible to differentiate themselves; the only option will be to divide the market.

In other words, this project lacks staying power and doesn't have the same market dominance that smartphones can maintain for a considerable period.

Such projects are perfect for attracting foreign capital and then exploiting it.

With this idea in mind, Su Wu gave the two of them encouraging looks.

"Since we can't stop them, let's talk to everyone. We can put on a good show and raise the price high. You should understand, Brother Ma."

Peter rubbed his hands together and said, "Hehe, I'm good at this. Since you have no objections, I'll go and make the arrangements. I guarantee everyone will be satisfied."

So while Li Zhengdao was foolishly going door-to-door trying to build connections, Ma Peter had already informed all the shareholders by phone.

For the sake of their common interests, everyone naturally put on a good show for Li Zhengdao.

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