Rebirth of an Entrepreneurial Life
Chapter 836: Complete acquisition
On November 4th, Vice Chairman Ma of Fuhua Technology Company and the delegation sent by the entire Fuhua Technology Company Headquarters officially arrived in Linhai City.
And after meeting with Liao Zhiyong, on the one hand, the cooperation between Thunder Technology Co., Ltd. was launched, and on the other hand, the stock transfer of Lingfeng Electronics and the internal reintegration of the company began quickly.
Nowadays, Lingfeng Electronics Company is directly controlled by Fuhua Technology Company, and the chairman of Fuhua Technology Company has become the new chairman of Lingfeng Electronics Company.
Even Fuhua Technology is not just satisfied with this.
Although Lingfeng Electronics has become one of the subsidiaries of Fuhua Technology Company, the board of directors of Fuhua Technology Company is very clear that Lingfeng Electronics Company is the first step in the transformation of the entire Fuhua Technology Company, so if possible, Fuhua Technology Company is very keen to acquire all the shares of Lingfeng Electronics.
And this idea, in fact, several other directors of Lingfeng Electronics did not mean too much to refuse.
Because several shareholders of Lingfeng Electronics also knew very well in their hearts that once an emperor and a courtier, it is no longer the age when they followed Zhang Feng.
Next, Fuhua Technology Company will definitely reshuffle the entire personnel system within Lingfeng Electronics Company. Their directors will gradually lose their power.
And now, Lingfeng Electronics’ equity has undergone such a huge change, and even the entire Lingfeng Electronics company has experienced extremely huge problems. As a result, the asset valuation of the entire Lingfeng Electronics company is also declining. .
Therefore, after Fuhua Technology's Vice Chairman Ma put forward his own ideas, most of the shareholders of Lingfeng Electronics Company did not hesitate to directly sell their shares to Fuhua Technology at the same discount. the company.
As a matter of fact, this kind of intention, as early as a day ago, before Vice Chairman Ma arrived in Linhai City, the two parties had already communicated with each other, and the basic intentions had been determined.
Because several shareholders of Lingfeng Electronics are very clear that if they continue to wait, the value of Lingfeng Electronics' shares will continue to be compressed.
Keep going, it will not make any sense to them.
It is better to sell the shares you have to Fuhua Technology as soon as possible, so that you can find another way out.
On November 4, the day Vice Chairman Ma arrived in Linhai City, Chairman Ma Fu personally contacted several directors of Lingfeng Electronics and signed a valid contract.
That is, from this day, 85% of Lingfeng Electronics' shares have fallen into the hands of Fuhua Technology.
The remaining 15% of the shares are in the hands of four shareholders.
These four shareholders have actually agreed to sell their shares to Fuhua Technology.
However, these 4 shareholders were originally senior managers of Lingfeng Electronics.
After the entire Lingfeng Electronics Company is incorporated into the Fuhua Technology Company's system, a series of changes need to be carried out, and these senior managers are also required to assist.
Therefore, no formal contract has been signed yet, but both parties have made an agreement. Once they have completed the internal reform of Lingfeng Electronics, they will also sell their shares at a slightly higher price. Fuhua Technology Company.
In this way, Fuhua Technology Company has actually completed the acquisition of the entire Lingfeng Electronics Company.
During the acquisition process, Fuhua Technology Company actually took a huge advantage.
The original Lingfeng Electronics Company's overall asset valuation was as high as 12 billion, but after experiencing huge fluctuations within the company, especially after the original chairman of Lingfeng Electronics, Zhang Feng sold 60% for 4 billion. After the shares, the asset valuation of the entire Lingfeng Electronics Company is actually only less than 7 billion.
However, the remaining 15% of the shares needed to be increased in price, so the final acquisition of 100% of the entire Lingfeng Electronics Company happened to consume a full 7 billion of Fuhua Technology.
And this can also prove the determination of Fuhua Technology Company in this overall transformation strategic plan.
It has to be said that the board of directors of Fuhua Technology Company does have the courage and determination to make Chen Pingdu's attention.
Although the overall corporate system of Fuhua Technology Company was a bit pedantic before this, after completing the transformation, Chen Ping believed very much that Fuhua Technology Company's future development prospects are still very good.
Chen Ping can also feel more at ease with such a full-scale cooperation with such a vibrant company.
In the next period of time, what Fuhua Technology Company needs to do most is to acquire Lingfeng Electronics in its entirety.
By that time, dozens of large and small factories controlled by Lingfeng Electronics will become the property of Fuhua Technology.
The most coincidental thing is that all production lines of the factories originally controlled by Lingfeng Electronics have now been emptied of all production materials by the Pingyu Group Network Security Department.
In other words, although these production lines have been used for a period of time, but in terms of production materials, they are like some brand new production lines. Only re-entry of production materials and some minor changes to the production line are required. use.
Of course, the types of mobile phone accessories that Lingfeng Electronics can produce in these factories are not too many. Some production lines even need to be sold directly for large-scale replacement.
To accomplish all of this, at least one billion yuan or more is needed.
But for these capital investments, Fuhua Technology Company seems to be indifferent, and has made all preparations without saying a word.
On the other hand, Fuhua Technology Corporation is even continuously selling off the company's various assets.
Originally, Fuhua Technology Company was an electric appliance brand company, and the types of electric appliances developed by Fuhua Technology Company were as many as dozens.
And then, Fuhua Technology Company will undergo a complete transformation, so the original research and development materials about these dozens of electrical appliances have become useless.
In addition, Fuhua Technology has a large accumulation of goods, which need to be sold within a short period of time.
The reason why Fuhua Technology Company has to pay a great price in the process of transformation is actually because of the great consumption that it has to bear in the process of selling these assets.
However, correspondingly, as long as these assets can be sold out within a short period of time, Fuhua Technology will also obtain a large amount of astronomical cash flow.
This money can be used to acquire mobile phone accessories production companies, and even replace production lines, and so on.
This is the key to completing the transformation as quickly as possible.
Regarding the degree of courage shown by Fuhua Technology, almost all other companies that have some associations with Fuhua Technology, and even all companies in the entire industry were stunned.
No one thought that Fuhua Technology could make such a huge determination, at the expense of tens of billions of assets, and complete this complete transformation as quickly as possible in the shortest time.
According to Fuhua Technology's internal estimates, to complete this transformation, about 40 billion to 60 billion of funds will be consumed, and the time required is between one month and three months.
After all, there are many uncertain factors in this.
Even Fuhua Technology Company itself has no way to estimate the most accurate time.
But anyway, the large-scale transformation of Fuhua Technology Company has been thoroughly launched.
During this period of time, after Lingfeng Electronics was acquired by Fuhua Technology, all production lines of the entire Lingfeng Electronics Company can be officially put into production within a short time.
On the other hand, Thunder Technology Co., Ltd. also needs to contact more partners, and both parties need a certain buffer time.
So although it seems that the first smartphone developed by Thunder Technology Co., Ltd. is ready to be put on the market, it will actually take at least half a month to wait until the first real smartphone on the production line is produced. One month's time.
And this period of time is enough for both parties to prepare in the early stage.
In terms of production, Thunder Technology Co., Ltd. has contacted several large and small companies, including Fuhua Technology, but this alone is far from enough.
After all, anyone can imagine that after the first smart phone developed by Thunder Technology Co., Ltd. is officially put on the market, it will definitely cause a huge sensation. The sales volume of mobile phones will also increase by geometric multiples over time. increase.
At that time, it would be impossible to support such a large-scale production of Thunder Technology Co., Ltd. simply by the cooperation between these several production companies.
Most importantly, the two companies, Thunder Technology Co., Ltd. and Xingyu Game Trading Website, each need to build their own production lines.
After all, after all the mobile phone parts are assembled, Thunder Technology Co., Ltd. needs to assemble the hardware, while the Xingyu Game Trading Website Company needs to install the software.
Both of these require their own production lines.
Fortunately, there are many large and small electronic parts production companies and other types of production companies within Linhai Province.
Only need to invest a certain amount of capital, the two companies can complete the construction of the production line in the shortest time.
For Thunder Technology Co., Ltd. and Xingyu Game Trading Website Company, funding is actually not a problem at all.
Especially Thunder Technology Co., Ltd.
The original Thunder Technology Co., Ltd. ~www.wuxiaspot.com~ can only be regarded as a small and medium-sized company, with overall assets no more than 200 million.
However, in just a few days, Thunder Technology Co., Ltd. has been extremely powerful in terms of capital expansion with the smartphone technology in hand.
After all, Thunder Technology Co., Ltd. holds the complete production technology of the first smartphone. Such production technology is an unparalleled killer in any corner of the world.
To start a full-scale cooperation with Thunder Technology Co., Ltd., the first thing that needs to be agreed is the deposit proposed by Thunder Technology Co., Ltd.
It is for this reason that Chen Ping has felt that technology is the primary productive force more than once.
Hundreds of large and small smart phone parts and accessories need to be distributed to dozens of different partners for production.
Nowadays, although only a few production companies have confirmed the cooperative relationship with Thunder Technology Co., Ltd., every production company who wants to get the detailed production materials provided by Thunder Technology Co., Ltd. needs to pay a certain deposit.
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