“Sometimes the value of a company is not just money, but more about strategic needs. I have a good relationship with a girl named Lewinsky. We have been in contact by phone for several years. The fact that I have been able to travel around the world and escape unscathed despite being wanted by the police is certainly not just because of money.”
“Sometimes, I act as an underground broker in various countries around the world.” Lu Feng tidied up his folder and asked, “What do you think the R&D company is worth now?”
“I don’t have access to your circle. In my opinion, the most I could offer is a billion US dollars, or seven or eight billion Hong Kong dollars. Even at that price, the risk is extremely high for investors, and there’s no chance of anyone investing. The most fatal flaw for a research and development company is that you don’t have profitability, and you can’t become a top global company.” Su Yourong looked at him seriously and said, “Nobody believes you can succeed.”
Lu Feng smiled and stared at her, saying, "You don't believe me either?"
"Whether I believe it or not is irrelevant. I'm not investing. United Capital is a financial institution, not an investment company. Besides, your project is one that most investment companies wouldn't dare to get involved in. It requires venture capital, and it has to be a big venture capital firm!" Su Yourong thought for a moment and said, "When I introduced you to those investors, I valued you at HK$3 billion!"
"Less than five hundred million dollars?" Lu Feng couldn't help but laugh and said, "Too low!"
"Then there's nothing I can do."
"We'll talk about it when we get there!" Lu Feng stood up and said, "Let's rest first."
Lu Feng knew that the valuation of the R&D company would plummet after losing the group headquarters, but he found the price of 3 billion Hong Kong dollars somewhat unacceptable.
The R&D company needs at least two years to be independent, and those two years require a lot of money. Even venture capitalists would find this kind of project a headache.
Lu Feng chose to go to Hong Kong for a simple reason: the R&D company needed a "nanny" (someone who could provide financial support), and he wanted to acquire United Capital to provide the company with funding.
At first, Lu Feng wanted to take control of Sun Hung Kai Properties. After careful consideration, he realized that, aside from the fact that Sun Hung Kai Properties was a large company, the most important thing was that with Li Shau-kee involved, it would take too much effort to acquire it.
United Capital is different. The original CEO, Mr. Chen, is long gone, and the shareholders of United Capital are not considered particularly powerful figures in Hong Kong. Moreover, Lu Feng heard that they plan to cash out and leave, and by buying some stocks on the secondary market, they can basically control the company.
Lu Feng wasn't surprised that Su Yourong gave the R&D company such a low valuation. Just considering the factory, equipment, and technology patents, the R&D company was worth one billion US dollars. Her giving such a low valuation was simply because she wanted to get involved.
She was never content with doing just one thing, and there were many large financial companies in Hong Kong, so it would be no easy task for United Capital to break through and grow.
A few days ago, Su Yourong talked to Lu Feng about the financial market regulation issues after Hong Kong's return. She wanted to use Lu Feng to put pressure on other companies, but Lu Feng neither agreed nor refused.
They also discussed the development of the domestic semiconductor industry. Lu Feng is very optimistic about the prospects of products such as chips, memory, and motherboards, especially for major consumer groups such as data networks, broadband technology, wireless transmission, and personal computers.
Su Yourong's idea was simply to invest in the R&D company at a low price and use the next few years to prove the company's value. If it failed, she wouldn't lose too much from the undervalued investment of 3 billion Hong Kong dollars. If it succeeded, she would become the semiconductor queen of Asia!
Both of them were perfectly aware of each other's thoughts, but they had to cooperate. It was all about open strategy, seeing who could outmaneuver whom.
After Su Yourong left, the two elders talked about it for several days. The Lantern Festival passed in the blink of an eye, and the two elders took a plane back. Lu Feng called Jiang Xiaoyan, who said that she could not return until the 17th. Duoduo would also be starting school by then. She told her aunt not to come after the New Year, and that she had asked her second cousin to take care of Duoduo.
"I'm going to Hong Kong now. I'll come back to see the kids when I have time," Lu Feng said into the phone.
"Okay, I'm busy too. Come back more often when you have time. I have something to take care of here, so I'll hang up now." Jiang Xiaoyan hung up the phone after saying that.
Lu Feng hung up the phone and called Wei Yandan. They had all been in Hong Kong for a week, and the recruitment was almost complete. All departments were basically in place. Now there was only one thing left: whether the R&D company should be merged into Hurricane Capital.
"Merge them in, and change the name of the R&D company to Hurricane Semiconductor. Put all my shares in Jiaming and Minsheng Bank under the name of Hurricane Capital. I'll be there the day after tomorrow!" Lu Feng instructed over the phone.
After hanging up the phone, Lu Feng took a deep breath, stood up, and muttered to himself.
"If you're going to play, go for the big stuff. The more bait you have, the more anxious the fish will become!"
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