Return to 88: Starting from Marrying My Sister-in-law

on the way.

Lu Yang had a document in his hand.

This document contains a detailed record of all the patents that WanYan Electronics has applied for and obtained since its establishment.

These include:

1. Product invention patent:

A playback device for playing digital video discs

This is also the most core patent.

It protected the overall structure of the VCD player.

It includes and is further subdivided into:
Optical disc reader system: How to read CD format discs!
Digital signal processing circuit: DSP chip, which is the key to converting digital signals into video and audio. Its hardware implementation logic can be described in detail, such as the application of the CL480 chip.

Audio and video output system: How to output analog signals to a television.

An optical disc for storing digital video and audio signals

A patent for a data structure based on the VCD format, which is based on the physical CD format.

That is, how to arrange MPEG-1 video streams, MP2 audio streams, index information, menu data, etc. on a CD according to specific logic, such as the white paper standard, is a specific arrangement of signal encoding on the physical carrier.

2. Method invention patent:

"A Method for Compressing, Storing and Playing Digital Video Signals on an Optical Disc": Protecting the entire process and method from data encoding and formatting to decoding and playback.

"Menu Navigation Methods for VCD Discs": Methods for protecting the interactive menus unique to VCDs.

"VCD Player Error Correction Method": A specific software error correction algorithm developed to address reading errors caused by scratches, dust, etc. on discs.

3. Utility Model Patent: Improvements to a specific structure
A dustproof mechanism structure for a VCD player

A heat dissipation device for a VCD player

A shock-absorbing foot pad design for a VCD player

A Circuit Board Layout for an Easily Maintainable VCD Player

4. Design patent: Protects the product's unique appearance.
VCD Player: Protect its original "disc tray door + infrared receiver window + button layout" overall appearance.

VCD Player Remote Control: Protects the unique shape and button layout of the remote control.

above……

These are all the patents that Wan Yan Electronics applied for, including product invention patents, method invention patents, utility model patents, and design patents, all obtained through Lu Yang's repeated insistence.

To put it bluntly, Wan Yan Electronics itself is worthless now, but these patents are very valuable. Coincidentally, these patents were originally applied for and obtained by Lu Yang, but now they have become an obstacle for him to package Wan Yan Electronics as a whole and buy all the shares held by the other shareholders.

Of course, without these obstacles, without these packaged VCD technology patents, especially the core invention patents of the product, Lu Yang would not have needed to buy it.

only……

Money matters.

Moreover, the key issue is that payment may need to be made in US dollars. If the transaction is conducted in RMB, it is doubtful that the other party will agree to sell Wan Yan Electronics' shares to him.

Lu Yang was deep in thought the whole way.

Xu Siqi suddenly nudged Lu Yang's wrist and whispered, "Boss, we've arrived. Mr. Sun is already at the door to greet you."

Lu Yang quickly perked up.

I rolled down the car window and looked towards the door. Sure enough, it was Sun Yansheng, the refined-looking Chinese man with gold-rimmed glasses.

"Mr. Lu, welcome to my humble abode."

Sun Yansheng did not underestimate Lu Yang because of his age. Seeing Lu Yang roll down the car window and open the car door, she took three steps in two and came over, grasped Lu Yang's hands and said warmly, "Come on, come with me. This banquet today is specially prepared for you, President Lu."

It seems that the other party had made preparations to welcome Lu Yang, and had specially organized a banquet with a lot of people to make a big splash.

Lu Yang narrowed his eyes slightly, shook hands with the other party, and hid his impatience. "Then I'll gladly accept your offer, Mr. Sun, please go first."

While it's true that you're in a hurry, you can't let it show on your face, otherwise it will make negotiations even more difficult.

This guy is quite the old fox.

The two walked hand in hand at the front, while everyone else scattered to the sides. As they rounded the European-style archway covered in wisteria, the sudden view before them made him unconsciously slow down.

The twelve-foot-tall champagne tower shimmered under the crystal chandelier, while Moët & Chandon champagne, chilled in ice buckets, emitted a cool mist.

Waiters in tuxedos carried silver platters containing caviar tarts and black truffle crepes.

Lu Yang recognized several European and American faces he often saw on the covers of financial magazines. There were internet upstarts chatting and laughing while holding tulip cups, and real estate tycoons demonstrating golf swings while standing on a Persian carpet.

"Mr. Lu?" A Hong Kong-accented English voice came from the right. Michael Kadoorie, dressed in a dark patterned Tang suit, was walking over arm in arm with a female state assemblywoman. "It really is Mr. Lu. How have you been?"

It turned out to be the same young mainland tycoon he knew who had spent over HK$100 million to buy the "King of Houses" on Victoria Peak and another luxury home in Repulse Bay.

His eyes lit up.

There seems to be a new business opportunity: "Mr. Lu, could you be today's guest?"

Lu Yang hadn't expected to run into Xue Lai's uncle here. This man from the family behind the Peninsula Hotel, a knight of the British Empire, really had a wide circle of friends. He even managed to bring a female member of Congress from the United States arm in arm with her in this kind of setting.

It's a pity I was in a rush today, otherwise I would have definitely made a good acquaintance with them.

Lu Yang took a deep look at the white female congresswoman who was being escorted by the old man Michael.

As a result, the other party met Lu Yang's gaze and even gave him a flirtatious wink.

Then came a flying kiss, which was indeed bold and sexy, in line with the sexual freedom culture here.

Lu Yang frowned as he saw that the female councilor had already put her mouth close to Michael's ear, seemingly asking him about him.

He couldn't help but shake his head again.

He casually raised his glass, indicating that he had something else to do.

He turned around to find Sun Yansheng, the host of the banquet, who was also surrounded by guests.

The longer the night, the more dreams you have.

Let's settle the purpose of our visit first.

"Mr. Sun, I think we should talk. Could you provide a quieter place?"

Lu Yang squeezed into the crowd and went straight to the point without beating around the bush.

Sun Yansheng smiled apologetically at those around him, then his smile faded as he looked at Lu Yang and said, "President Lu, was it my poor hospitality? Can't we talk about this after the banquet?" What a bastard!
It seems they have already received news from across the ocean.

This is a deliberate attempt to stall for time!
I want more.

Lu Yang cursed inwardly, but smiled broadly. "I'm tired from the journey and have no time for enjoyment. I appreciate Mr. Sun's kindness, but I just want to have a good talk with you. I wonder if you'd be willing to give me that opportunity."

First, you need to be able to negotiate. Only by negotiating can you have a chance to buy the shares. If the other party won't even give you a chance to negotiate, then there's no need to waste time staying in North America. Book a flight back to China right now, and maybe you can still try to negotiate with your old friend Jiang Wanli.

In any case, if Lu Yang buys one of the shares, it will be a complete victory.

Sun Yansheng remained silent for a moment.

Perhaps sensing Lu Yang's resolute will, he knew that refusing again would be tantamount to turning away a guest, and that it would not be in his best interest for Lu Yang to simply walk away.

The shares of Wan Yan Electronics must be sold.

The company was in dire straits, and even he had lost patience. He had started to regret supporting Jiang Wanli, a domestic peer whose technology he admired. If he had a choice, he might have supported someone else.

For example, the young people in front of us.

If the other party were to take over as the president of Wan Yan Electronics and lead the company through all the challenges to build a large audio-visual empire in the domestic VCD market, it would be extremely beneficial for everyone, including Sun Yansheng.

As for why I say that?
But it's simple.

There are no secrets in this world. The child prodigy is currently the top-selling VCD player in China and is in the process of negotiating its Series C financing. It is enjoying unparalleled success and is about to reach the final stage of its IPO in the United States.

How many people will be envious of this?
Sun Yansheng was also envious.

However, a little inquiry reveals that there are no secrets in the business world. Lu Yang was not only the founder of Little Prodigy, but even now, after stepping down from the spotlight, he still holds the largest number of shares in Little Prodigy, making him the undisputed largest shareholder behind the scenes.

So, is there any need to say more?
Who exactly built Little Prodigy into a successful company?
Who made its VCD sales so high that it truly became the number one seller in China?

It’s Lu Yang.

It's this young man in front of me.

So if you ask Sun Yansheng if he regrets it, he definitely does. Lu Yang was able to make even a small, inventive product like a knock-off VCD player. If he hadn't gone through the knock-off process and instead started from scratch, leaving that ability with Wan Yan Electronics and leading it to grow bigger and stronger, wouldn't Wan Yan Electronics be even stronger than the current inventive player?

Does this mean they can maintain a monopoly on the domestic VCD market indefinitely?
Is WanYan Electronics currently undergoing its Series C funding round, with a base of 50 billion US dollars?
20% of $5 billion, or 1/50, is at least $10 billion. And that's not even the limit, because after the Series C funding, Little Prodigy will immediately embark on its IPO in the US. At that time, it will be much more than $10 billion; it may even earn more, possibly several times more.

Compared to them, Wan Yan Electronics is now so inadequate that it's not even worthy of carrying the shoes of that child prodigy.

What should he do?
All we can do is wait and see who the real major shareholder is behind this child prodigy, and see if we can take advantage of their attempt to acquire our shares in Wanyan Electronics to get a share of the profits.

"Since Mr. Lu wants to talk, how can I refuse him? Here's what we'll do: wait for me for 3 minutes. Butler Robert, please take our most distinguished guest upstairs to rest."

Sun Yansheng bowed slightly to Lu Yang.

He had his white butler lead Lu Yang upstairs.

He stayed behind first and took a walk around downstairs. He tried his best to make every guest feel at home in the banquet hall, so that people would understand if he left later.

This is what a mature businessman is like.

Lu Yang was led upstairs by the white butler Robert and entered a spacious room, which, if he was not mistaken, was the private study of the Chinese man, Sun Yansheng, in this estate.

"The host will be here shortly, distinguished guest. Would you like a cigar?"

Lu Yang had just sat down.

The white butler bowed slightly to him.

Lu Yang glanced at him, then waved his hand, "No need, just a glass of red wine!"

The white butler bowed slightly once more: "Yes, it's my pleasure to serve you."

Lu Yang shook his head.

These white butlers all looked like noblemen, knew more about aristocratic etiquette than their masters, and acted with impeccable gentlemanly manners.

It's just that dealing with this kind of person is exhausting!
But never mind.

These Chinese immigrants, after several generations, had all become Westernized, taking pride in hiring these white butlers and learning Western aristocratic etiquette.

I don't need to learn it myself.

There's no need to care too much or take it too seriously.

Sun Yansheng went upstairs quite quickly, probably because he was eager to get something he wanted from Lu Yang.

"Mr. Lu, I'm sorry, let me offer you a drink first."

Upon arriving, seeing Lu Yang holding a glass of red wine that the butler had just handed him, he casually downed the half-glass of red wine he was holding in one gulp.

To express my apology.

Lu Yang took a small sip of red wine and said, "Mr. Sun, you're too kind. How about this, to show my sincerity, I'm willing to pay an extra 1000 million during the negotiations later."

No US dollars, no unit of currency.

Lu Yang still wanted to give it a try. No matter what, if the other party agreed to pay for this transaction in RMB, then it would be an extra 1000 million, no, an extra 2000 million, and he wouldn't even bat an eye.

"Let's get straight to the point. I know why you've come, Mr. Lu. I can agree to sell the shares of Wan Yan Electronics, but..."

Lu Yang's smile didn't last more than a second, because...

Whenever these two words appear, things don't end well; at the very least, it's a condition that puts people in a difficult position.

Lu Yang covered his eyes, remained silent, and waited for him to continue.

Sun Yansheng was slightly disappointed. He didn't see any impatience on the young man's face. After considering for a moment, he said, "I don't want money. I want your shares in exchange."

Upon hearing this, Lu Yang immediately realized that he might not have to worry about raising US dollars this time.

but……

What exactly does the other party mean by equity swap?
He was a little confused.

However, as long as they're not targeting Century Group, the parent company, and also not targeting Little Prodigy, the preparatory listed company that's about to go public in the US after its Series C funding round, then we can talk.

So he calmly replied, "Oh, then, Mr. Sun, which of my companies are you interested in?"

Sun Yansheng blinked his big eyes and said kindly, "I want the shares of Little Prodigy in your hands. I'll exchange my 20% stake in Wanyan Electronics for your 10% stake in Little Prodigy. You won't lose out, how about it?"

Made.

Just what I feared most has happened! (End of Chapter)