The current situation is that Si Mingyu's Guoxing Group has completed all the preliminary work and even ordered the production equipment. When the factory is built, production can begin.
This job is not something that can be done overnight. Gu Shuanghui has been following it for more than 20 years. Si Mingyu is lucky to have taken over Guoxing Group at this time.
Everyone present could understand what Si Mingyu meant, and they also knew that if it weren't for the Internet resources in their hands, they would never find the 100 billion to 150 billion investment.
Many state-owned car companies are willing to invest in this sure-win business, and even mobile phone companies will line up to invest once they find out.
That's why Zhang Yiming gave an immediate reply.
The remaining three had already made up their minds to invest, the only problem was how to convince the board of directors.
Why didn't Si Mingyu let them leak it? It was also for their own good.
The current situation is that if you invest one dollar, you will get at least several times the return in a few years. If other people knew about this, they would definitely get involved.
These few people in the Internet industry are considered important, but if the top bosses from other industries come, will Si Mingyu give them face? If not, it will offend them, and if they do, their shares will be reduced.
"Mingyu, I'll invest this money." Lei Jun made the decision.
If we calculate it based on 40% of 150 billion, if the four people share it equally, each of them will get 15 billion. At worst, the board of directors can just borrow money to invest on their own.
With his connections, it would not be difficult for him to pledge equity or take out private loans. When the products are produced, he can sell them to his own mobile phone company and repay the money.
"I've invested too." Pony Ma and Mr. Chen immediately expressed their opinions when they heard what Lei Jun said.
They all have the same idea: how can they not make money? Now that the opportunity to make a fortune is right in front of them, how can these people let it go?
"Sign the contract tomorrow?" Si Mingyu asked.
"Okay." Since the decision was made, everyone acted decisively.
It wasn't that Si Mingyu was anxious. The documentation clearly stated that the factory's construction had already entered its early stages. It was the Guoxing Group's change of ownership that had put the project on hold for a while. The construction team was ready to move in, and there was no time to delay.
Why worry about making money? Everyone, including Si Mingyu, immediately contacted their respective legal teams and rushed to Shanghai overnight to prepare the investment agreement.
The cell phone rang, Si Mingyu picked it up and saw that it was an unfamiliar number.
Not everyone can call his dedicated mobile phone. Even if the number is randomly dialed, harassing calls will be blocked directly, and fraudulent calls will be directly transferred to the security department to track down the perpetrators.
"Hello. Boss Ma, yes, I'm Si Mingyu." Isn't this call a coincidence?
The people sitting there looked at each other and thought that Lao Ma was too well-informed.
Sure enough, Si Mingyu came back more than half an hour later.
"Boss Ma called and said he also wants to invest. He will come from Neon tomorrow. I can't refuse him." Si Mingyu said helplessly.
"I understand, I understand." Everyone expressed their opinions.
Despite Si Mingyu's awkward expression, everyone knew he was beaming with joy. Why wouldn't he refuse? It didn't matter who the shares were given to, and Boss Ma's involvement would only benefit him.
In fact, including Boss Ma, everyone present has been paying attention to the domestic chip industry. Boss Ma may get the news faster, but if Si Mingyu doesn't tell Brother Ma and the others today, they will also know about it tomorrow.
This is another reason why everyone immediately agreed when he mentioned signing the agreement tomorrow.
Sure enough, not long after, several people received calls from the company's strategic department, which was a warning about the possibility of a major breakthrough in Guoxing Group's chip research and development.
"Sign the letter of intent first."
Lei Jun thought that the longer the night, the more trouble he would face. He didn't know what would happen tomorrow. They were concerned about the chip industry, and so were others. A lot could change overnight.
"Mingyu, what do you think?" Xiao Ma Ge also agreed.
"Listen to the big brothers." The closer the relationship, the different ways of addressing each other.
So Lawyer Zheng was called from the dinner table by Si Mingyu. On the way, he started calling other lawyers, and more than a dozen people hurried to Ningyu Garden.
Several people here discussed it with Boss Ma over the phone, and finally decided that each of the five people would invest 10 billion Chinese yuan and hold a 5% stake.
This will be written in the letter of intent, and the remaining 15% will be reserved for later participants. If the full amount is not subscribed when the official contract is signed tomorrow, the five parties will share the remaining amount equally.
There's nothing that can be done about it. Weibo, Qianbaidu, and Kuaizhua haven't made any moves yet, and there's no news from Ding Sanshi from the pig farm either. These are people that Si Mingyu finds "difficult to refuse," so he has to leave some shares for them.
Even though their market share was cut in half, at least they were on board, and earning less was better than earning nothing. Besides, compared to later entrants, their market share was quite large.
The letter of intent is equivalent to a simplified version of the agreement. Several people invest money to participate in the shares, and the attached condition is to use the company's Internet platform to carry out relevant publicity for Si Mingyu's company.
Of course, this simplification was only relative; everything that needed to be written in was still there, and in the end, it was still over ten pages long. After signing, everyone felt relieved.
Si Mingyu's cell phone rang again.
"Hello, Mr. Ren. Please don't be so polite. If you have something to say, please tell me. Okay."
For a few people, although 5% of the shares were secure, no one minded more. But as soon as they heard the person on the phone, they knew it was serious.
Ten minutes later, Si Mingyu came back after answering the phone.
"Mr. Ren, a promising figure in China, has developed chips that require a lot of my materials. We have agreed to cooperate on products and technology."
Some technologies that restrict China's potential can be solved by first using Guoxing Group's accessories or equipment, and then slowly researching them on their own.
This is normal. For example, China Youwei Company can buy the products of Si Mingyu's wafer factory and use them with confidence. There is no bottleneck for Chinese enterprises, so there is no need to set up its own factory in the early stage.
The same is true in reverse. Guoxing Group can also purchase some of HiSilicon's products.
Make the chip first and use it, and then you can slowly add more if needed later.
Since Si Mingyu is preparing to build a factory, it means that at least the problems restricting production have been solved. This is why Mr. Ren called.
The reason why Mr. Ren did not invest in Si Mingyu's chip production plant was the official requirement to walk on two legs.
After all this trouble, it was almost ten o'clock, so they naturally stayed in Ningyu Garden. There were enough rooms.
Lawyer Zheng and others were arranged to stay at the Xijiao Hotel next door.
The Xijiao Hotel was bustling with activity all night as members of the legal team of Lei Jun, Pony Ma, Zhang Yiming and others checked in one after another. Although they were called "check-in", in fact, no one, including Lawyer Zheng, got any rest the whole night.
A formal agreement must be reached tomorrow. This is no small task as it involves an investment of nearly 200 billion yuan.
Continue read on readnovelmtl.com
