"It is estimated that there is less than 10 million liquid funds left!"
Dong Liancheng smiled bitterly and said, "Haha, 10 million in working capital? This amount of money can't even last two months even if it's just for paying salaries!"
"So what should we do now?"
Dong Liancheng waved his hand: "Leave me alone!"
Upon hearing this, the executive had no choice but to retreat.
After the other party left, Dong Liancheng immediately called He Feng.
"Boss He, you know the current situation. Boss Lin is really too cruel. He actually played a trick on me!"
He Feng on the other end of the phone naturally knew what was going on, and immediately replied with a smile: "Boss Dong, what you said is wrong. What did Lin Feng lie to you about?"
"He, he said before that he wanted to cooperate with me!"
"Oh, they just said they were going to cooperate with you, you can't just do it because they said so, right?
Besides, under the circumstances at that time, he certainly wanted to seek external cooperation.
But now that they have walked out of the quagmire, they naturally want to go all out and do it themselves.”
“But my Weilong Automobile is now completely stagnant. Before this, the outside world believed that we would cooperate with Longteng Technology’s R&D department.
But now that Longteng Automobile has emerged, others will definitely think that Longteng Technology has left us behind."
Dong Liancheng was in deep pain at the moment, even though he had boasted at the press conference that he could still come up with 10 billion yuan.
But in fact, he is not a fool. Not only does he not have 10 billion yuan in funds, even if he did, he would not invest it at this critical juncture.
After all, Weilong Automobile has fallen from the altar. If the relevant important technologies such as automotive chips cannot be completely resolved in the short term, it will be of no avail even if he really invests 10 billion yuan.
Therefore, the top priority now is to either seek help from other chip manufacturing companies or try to finalize the chip supply issue as soon as possible.
Otherwise, they can only look for a takeover company and directly acquire Weilong Automobile.
But obviously, the latter is extremely difficult, especially now that Weilong Automobile has burned through nearly 10 billion yuan.
If you want to exit with a profit, the purchase price must be more than 10 billion!
Such a sky-high price will certainly discourage most buyers. Moreover, the competition in China's new energy vehicle market is already extremely fierce. If one wants to enter the market now, it will take great courage.
At this time, He Feng spoke again: "Boss Dong, I understand your feelings very well, but it's useless for you to call me. Boss Lin and I are just friends. I can't force him to cooperate with you, right?"
"Of course that's not what I meant. I just hope you can help me make some connections and ask Director Lin to be so kind as to supply automotive chips to my Weilong car.
Of course, if he is willing, I can also exchange it for our patented technology related to the Weilong car.
We at Weilong Automobile still have some patents that are in the leading position in the new energy industry, so if we exchange them, we can achieve a win-win situation, isn’t that great?”
After listening to this, He Feng did not rush to reply to Dong Liancheng, but just said calmly: "Hey, since President Dong has said so, how about this, I will find an opportunity to have a good talk with President Lin, and then give you an answer?"
"Okay, great. I'll trouble you to do it as soon as possible. After all, the longer I delay, the more likely my company will fall into an abyss of no return!"
"OK!"
After hanging up the phone, Dong Liancheng hadn't even had time to catch his breath when he suddenly received another call.
"Hello, Mr. Zhou!"
"Humph, Dong Liancheng, what do you mean by this? I invested 2 billion yuan in you, and you promised solemnly that you could go public within two years.
But now the two-year deadline is almost up, and your company's valuation has plummeted so much.
If you play with fire like this, the consequences will be very serious!"
The caller was the big boss behind a domestic consortium and one of the people who invested in Weilong Automobile in the early days.
"Mr. Zhou, I'm working hard, please be patient!"
Dong Liancheng quickly wiped the sweat from his forehead and replied softly.
"I don't like doing business that loses money. I've invested 2 billion in you for two years. If you don't go public as soon as possible and let me cash out at least 3 billion, then you can expect my wrath!"
"Okay, okay, I will do my best to make you money!!!"
Dong Liancheng knew that it was impossible to go public as soon as possible, and it was absolutely impossible for him to give so much money to the other party in a short period of time. However, he had no other choice but to temporarily agree to the other party.
In this domestic business environment, offending those who control the power of the consortium is tantamount to suicide.
If the matter really gets out of hand, he might have to flee abroad overnight.
After all, if a startup company fails to go public, it means that the money of early investors will almost never be recovered.
The current investment situation in China is that an enterprise develops rapidly relying on gimmicks or some core technology, and then starts to burn money crazily with the entry of various funds.
As the scale of a company expands, it has to keep spending money in order to quickly increase its valuation.
In this way, once the company is successfully listed, early investors can sell their shares through the stock market to make a profit.
But now, the valuation of Weilong Automobile has not only plummeted, but its listing is also nowhere in sight.
Under such circumstances, Dong Liancheng has found it difficult to raise any funds to maintain the survival and development of the company.
After hanging up the phone, Dong Liancheng simply turned off his phone.
With such a big commotion today, I guess I won’t be able to calm down for some time to come.
Instead of doing this, it’s better to just turn off the phone and wait until there is news from He Feng.
After hanging up the phone, He Feng went to Changtai Group in person.
"Director Lin, congratulations! I didn't expect you to be able to make a breakthrough. Dong Liancheng was already crying miserably to me just now!"
After meeting, He Feng first flattered Lin Feng, and then told Lin Feng everything Dong Liancheng had said to him.
Lin Feng narrowed his eyes quickly when he heard it.
The predicament that Weilong Automobile is currently in is exactly what he needs.