Countercurrent 1982

When Zhong Pengrong talked to Duan Yun about American capital's interest in Tianyin Group, Duan Yun actually didn't take it to heart, because in his opinion, his company was not strong enough to attract the attention of Wall Street capital.

This is not because Tianyin Group has no strength. The main reason is that they are a Chinese company. Before that, foreign capital did not pay attention to some Chinese companies that entered overseas, including Haier.

The reason is also very simple. On the one hand, it is because Chinese enterprises are always at the lowest end of the global industrial chain. Taking Haier Group as an example, although its household appliances have entered the European and American markets in large quantities, its core technology is still controlled in Europe and the United States. In the hands of enterprises, it is just that Chinese products have advantages in labor costs and technology integration, so they can occupy the market with better cost performance, but the profits of enterprises themselves are very low, which is not enough to attract the attention of large American consortiums.

In the eyes of these Wall Street capitals, high-tech companies are their favorite targets, because in the financial capital market, some high-tech companies with core technologies can easily obtain very high valuations, and their growth potential in the later stage is also high. Very good, so the yield is the highest both in the short term and in the long term.

Tianyin Group's technological innovation strength is very strong, but because it is a Chinese company, it is not well-known internationally, and there is still a certain gap compared with those well-known technology companies in Europe, America, Japan and other countries, so I want to let them It is actually somewhat difficult to get the favor of Wall Street capital.

Speaking of which, Chinese companies have been financing with overseas capital since 1992. Many companies have achieved very good results by going to overseas capital markets, including Hong Kong.

But among them, mainland companies are mainly listed in Hong Kong, and few can enter the U.S. stock market. But in fact, the Hong Kong stock market cannot compare with the U.S. stock market in terms of capital size or other aspects. There is a huge gap in the total market value Therefore, for some companies seeking overseas listing, the United States is their first choice.

Although Duan Yun didn't take Zhong Pengrong's words seriously, a week later, Duan Yun actually received a call from the United States. The person who called him was Stephen, a senior economist in the United States. Roach.

In fact, as early as a few years ago, when Duan Yun went to the United States to attend an exhibition by the way, he learned about this well-known American economist named Luo Qi through Li Yun.

Roach is not only a well-known economist in the United States, but also has a prominent position in the American business circle. He is somewhat similar to Zhong Pengrong. He also serves as a consultant for many American companies and financial institutions. If a certain company can pass his evaluation and give With a certain degree of praise, the company will soon receive investment and shareholding from many financial institutions in the United States, thereby obtaining a large amount of funds.

Because of this, when Li Yun was the manager of the US branch, she also wanted to seek the intervention of Wall Street capital. With the support of these consortiums and companies, she could quickly open up the US market, so she took the initiative to visit Roach. Hope he can help.

However, Tianyin Group had not opened up the market in the United States at that time, and the sales volume of the main DVD products was still very low. For a Chinese company that had not proved its commercial potential in the American market, Roach did not give a good evaluation, but thought that The Chinese company has some potential, but not enough to gain a firm foothold in the highly competitive U.S. market.

Luo Qi's evaluation is obviously somewhat one-sided. The main reason for this situation is his inherent perception of Chinese companies. In his eyes, China is a country with a very backward industry and electronics industry. For a long time, he can only do some manpower-intensive low-end foundry business, and his technological strength and innovation ability are seriously insufficient, so he has not made in-depth and serious investigations, or he has no interest in Chinese companies at all.

And this is a sudden proposal to come to China to visit Tianyin Group. The reason is that it has nothing to do with Zhong Pengrong. A Chinese company has a capital scale of 10 billion US dollars in the Southeast Asian market. This matter has already begun to circulate on Wall Street. After all, there are not many companies that can spend 10 billion US dollars to enter the financial market. Many companies, including American companies, have very limited liquidity in their accounts despite their high valuations. As a Chinese company, Tianyin Group The company used US$10 billion to harvest US$4 million in the Thai market overnight, which really surprised many Wall Street bosses.

In addition, during Zhong Pengrong's stay in Thailand, he also met some American foundations and business leaders. Through Zhong Pengrong's introduction and admiration of Tianyin Group, these foundation executives did attract the attention of these foundation executives. After the news spread to the United States through these people, the American Several major financial consortiums have already expressed some interest in Tianyin Group.

So this time when Luo Qi visited China, he was accompanied by a team of experts. These people were entrusted by many American consortia. Once the inspection is successful, Duan Yun's Tianyin Group can be listed in the United States soon, so that Access to substantial financing capital.

However, Duan Yun obviously does not intend to list his company in the United States, because he does not want his company to be controlled by capital, but Duan Yun welcomes Roach's visit and is ready to receive it in person.

The reason for doing this is that although Duan Yun’s group company does not need to be listed in the United States, the American branch can be separated and listed. In this case, American capital can neither control Tianyin Group’s R&D department nor future development. At the same time, it can also help the American branch to better expand the American market. On the premise of not touching the principle, Duan Yun naturally hopes to cooperate with these American capitals.

At the end of August, when the plane of Luo Qi and his party landed at Shenzhen Airport, Duan Yun and his team were already waiting there in advance.

"Mr. Luo Qi, welcome to China." At the pick-up station, Duan Yun saw Luo Qi who was walking in the front, and immediately stepped forward to greet him.

"Hello, Mr. Duan." After seeing Duan Yun, Luo Qi also showed a smile. After greeting each other a few words, they drove to the guest house of Tianyin Group.

In the evening, Roach and his party were jet-lagged at the reception, and Duan Yun also arranged for the staff to make a reception plan for the next few days. Duan Yun still attached great importance to this top financial expert from the United States, because Regardless of the final result of this investigation, at least being able to communicate with the world's top financial experts like Roach will allow him to learn a lot.