Return to 88: Starting from Marrying My Sister-in-law
Chapter 748 Banning Yin Mingzhu's Company
Upon receiving Lu Yang's instructions, the domestic authorities immediately took action, and quite swiftly at that.
The people from Luyang are still in the car.
We haven't reached our destination yet...
"Om-"
The phone vibrated on the leather seat, its cold light piercing the dimness to reveal the words "Legal Director Xiao Zhang".
"explain."
Upon answering the phone, Lu Yang didn't waste any words.
After all, he had just slapped himself, and his face was swollen from the blow. If he was this ruthless to himself, how much more so to others? It was clear how angry he was this time.
Some people have crossed him.
"Mr. Lu, the termination letter has been delivered to Zhuzhu Company."
The man on the other end of the microphone spoke with a tense, taut voice, befitting the rigor and eloquence of a legal professional: "As per your instructions: 1. Terminate all cooperation; 2. Freeze outstanding payments; 3. Send risk warning letters to 37 related parties, including the group's subsidiaries and invested companies."
Upon hearing this, Lu Yang loosened the tie around his Adam's apple, which he felt was a little uncomfortable with.
"Bullshit, when in Rome, do as the Romans do. I should have just worn a T-shirt and a trench coat."
Having gotten used to wearing casual clothes at home, I felt a bit uncomfortable around my neck when I put on a suit and bow tie as suggested by the company executives.
at this time……
The vehicle had already entered downtown Los Angeles, with towering skyscrapers looming overhead outside the window.
Just like his mood at this moment.
He sneered, "Not enough. Spread the word that Zhuzhu Advertising Company is an unwelcome partner of our Century Group. From now on, we won't have them where we are, and they won't have us where we are. If any TV station airs an advertisement produced by this company, our Century Group's annual advertising budget can be reduced to zero. We'll find another company to advertise with, understand?"
As soon as the words came out.
Clearly, this is tantamount to a complete ban.
As a company that makes a living by planning and shooting advertisements, what is the point of its existence if even the advertisements it plans and shoots cannot be broadcast on TV?
They can just announce their closure.
Moreover, once the news gets out, no domestic company will dare to entrust their advertising plans to Zhuzhu Company for planning or filming, unless that company dares to go head-to-head with Century Group, or even just the most basic head-to-head confrontation.
Because it's useless!!!
As Lu Yang just said, he doesn't like Zhuzhu Company, so Century Group's advertisements will no longer be placed wherever Zhuzhu Company is located. Century Group's advertisements are now major clients of TV stations all over the country, including CCTV, which probably wouldn't dare to say that they don't care at all.
It's worth noting that when CCTV started its market-oriented operations, it vigorously promoted the leasing of advertising space and even held a prime-time auction for it. Lu Yang's Little Genius and Little Prodigy were the top bidders in the auction for two consecutive sessions.
Another half hour passed.
This time, Lu Yang had already met with Sun Yansheng. His main purpose in coming to Tom was to provide support for the company's trade delegation staying in Singapore, so as to prevent anyone from secretly causing trouble and ruining the company's investment in an eight-inch wafer fab in Singapore, thus circumventing the "Coordinating Committee for Multilateral Export Controls (COCOM) Agreement," which was effectively abolished last year but not completely abolished.
In addition, Lu Yang also wanted to try to have another face-to-face talk with Sun Yansheng, a Chinese businessman who was quite successful in Tom's country, to see if he could touch the other party's feelings of Asian kinship.
The company won't sell?
fine!
How about investing in a stock?
You don't need too much, 10% will do!
Too many?
What if I only want 5%?
Lu Yang, who had already decided to invest in building a wafer fab in Singapore, is now likely unable to come up with the money to acquire C-CUBE, the company owned by Sun Yansheng. This is not a case of a snake trying to swallow an elephant, but rather an ant trying to reach the sky. However, it doesn't matter. If you can't eat it all, you can eat a small part first, leave a thought for the future, and plant a nail in the ground.
Sun Yansheng was clearly unaware of Lu Yang's purpose, which was still to target his C-CUBE. He thought that his previous revelation to Xiao Jun about the second-generation Mepg-2 technology that his company was currently developing had attracted the attention of the young man in front of him, making him realize that this was another epoch-making product. He believed that C-CUBE would take this opportunity to take off again and dominate the VCD chip field worldwide.
The essence of investing is to make money.
So his thinking wasn't wrong; Lu Yang was indeed very optimistic about the Mepg-2 second-generation technology.
It's just not what he expected.
In Sun Yansheng's eyes, the MEPG-2 second-generation technology is equivalent to his C-CUBE company.
In Lu Yang's eyes, the MEPG-2 second-generation technology was merely the cornerstone of DVD technology. It was precisely because of the birth of MEPG-2 second-generation technology that DVD players equipped with video decoding chips based on this technology were able to completely surpass their twin brother, the VCD decoder, and soon after completely replace it. However…
However, the outcome was not what Sun Yansheng had expected. C-CUBE failed to take off with this opportunity and instead fell even faster.
As far as Lu Yang knew, this company died on the eve of DVD playback replacing VCD playback.
But it's okay, he's here.
He can save Wan Yan Electronics, and he can also save C-CUBE, but only if C-CUBE belongs to him, Lu Yang, just like Wan Yan Electronics.
So what he's doing now is the same as when he invested in Wan Yan Electronics. He wants to invest in C-CUBE as well. Of course, he certainly won't have as many shares as he did when he invested in Wan Yan Electronics, because Wan Yan Electronics was just starting out back then. And now, C-CUBE is also facing a lot of trouble in its chip business. The market share of its VCD internal decoding chips in China is declining year by year, and it has reached a very dangerous situation.
However, Sun Yansheng is clearly better at dealing with potential threats from capital than Jiang Wanli.
Faced with Lu Yang's repeated probing, she repeatedly stated that she was not short of money, had already achieved financial freedom, and that the company was also not short of money, and that the development of the MPG-2 was progressing smoothly.
"Sorry, Mr. Lu, let's talk about something else, like... the original shares of Little Prodigy you hold, would it be convenient for you to spare some for me before the IPO?"
Lu Yang was eyeing his C-CUBE, and he was equally eyeing Lu Yang's prodigy electronics. That's why they met today; otherwise, given their less-than-pleasant past collaborations, they probably wouldn't have bothered with each other this time.
"5% is too much. My old bones don't have that kind of teeth. How about this, I won't ask for more, just 1% will do. It won't affect you, Mr. Lu, in any way. Considering that we are both yellow people and descendants of the Chinese nation, Mr. Lu, you wouldn't refuse to give me even this much face, would you?"
Sun Yansheng was clearly prepared.
Even 1% of Little Prodigy Electronics' shares is not a small amount. Even based on the valuation during the previous Series C financing, it would be worth 5000 million US dollars. If we exclude C-CUBE, the chip company, Sun Yansheng would probably have to sell everything he owns to raise that much money.
Of course, Lu Yang would never sell it.
unless……
"We're all old friends, so giving you 1% of Xiaoshentong's shares isn't out of the question, Mr. Sun. However, I don't want cash; I want your shares in C-CUBE. In other words, how about we do a share swap?"
Lu Yang grinned and tossed out the hook he had prepared.
He could have said this earlier, but he waited until Sun Yansheng brought it up first, proving that the other party had coveted his shares in Xiaoshentong. Only then did he reluctantly agree to the share swap transaction with the other party, considering that they were all of the same race and descendants of Yan and Huang.
Sun Yansheng clearly didn't expect Lu Yang to agree so readily, and that he only offered to exchange his C-CUBE shares for them. This was definitely a loss for Lu Yang, because the little prodigy was about to go public and fleece investors. Anyone with a brain would know that this was an excellent opportunity to cash out, and the stock price would often see a significant increase at this time, possibly even doubling.
His C-CUBE is currently declining, but he is confident that as long as the Mepg-2, which the company is currently developing, can successfully leave the laboratory and be fabricated, he will still be the future leader in the VCD chip field.
One is successful now, the other will be successful in the future...
As for how to choose?
He already had the answer in his heart.
"It's possible, but I have one condition."
"please say."
"The valuation of Little Prodigy's Series C round is largely inflated. It's not that it's not worth $50 billion, but if it weren't for Goldman Sachs and other investors needing a Chinese tech company to facilitate their listing on the NYSE in Manhattan, such a high valuation would be impossible to achieve in China. However, I won't argue with that; I can agree with the valuation, but..."
Here comes the point.
"The same value distortion also appeared in C-CUBE, but while the prodigy was overvalued, C-CUBE was undervalued. The $13.75 billion valuation was merely a suppression by the capital market, not a true reflection of its actual value. The stock market has its own barometer, which I won't elaborate on here, but I can accept the equity swap plan..."
talking.
This balding, academically-trained Chinese tycoon held up a finger and made a "V" sign. "Twice as much. We're all descendants of the Yellow Emperor. I'll take a loss. How about I exchange my 2% C-CUBE for your 1% Little Prodigy Electronics, Mr. Lu?"
What a good calculation.
Lu Yang was almost ridiculed by him; it wasn't that he was provoked, but rather that he was mocked.
No wonder some Western scholars say that businessmen are greedier than the devil; this guy is indeed more greedy than the devil!
C-CUBE's market capitalization is clearly $13.75 billion, but in his words, it's severely undervalued and being suppressed by the capital market. Meanwhile, Lu Yang, the prodigy, is highly regarded by the capital market, receiving a valuation of $50 billion in its Series C funding round and about to ring the bell for its NYSE listing, but in his words, he's severely overvalued...
With such a casual remark, he wants to exchange company stock worth only 2000 million US dollars, less than 3000 million US dollars, for Lu Yang's 5000 million US dollar worth of Little Prodigy Electronics stock. Listen to that, what is this if not the greed of the devil?
"It seems we can't reach an agreement. How about... we have some tea first and talk again another day?"
Lu Yang didn't expect to reach an agreement in one go.
The North American roadshow for Xiaoshentong Electronics is in full swing, and the countdown to its IPO is just around the corner. His hook has already been cast, and whether he can seize this opportunity and gamble on a surge in Xiaoshentong's stock price after its listing is not his concern, but rather that of Sun Yansheng in front of him.
Since no one else was present, their first meeting was merely a test. Neither of them brought any of their company subordinates, so their argument escalated into a heated exchange, with neither willing to back down. After a while, they decided to call it a day and have some tea instead.
And it was at this very moment...
On Lu Yang's side, another long-distance call came in from overseas, with the name "Tan Xisong" flashing on the screen—the private number of that person from the CCTV advertising department.
"Sister Tan, as far as I know, you should be off work by now, right? Why are you making this long-distance call from overseas outside of work hours? What brings you here?"
Lu Yang answered calmly and unhurriedly.
But on the other end of the phone came a woman's barely suppressed anxiety: "Mr. Lu, Yin Mingzhu's matter is a family matter, why bring it into the public eye? I am also a partner in this company. Can you please do this for my sake? Otherwise... we should be magnanimous and not hold grudges. But what you're doing... is ruining everyone's livelihood."
Lu Yang had anticipated this call, so he had prepared in advance. "It can't be that bad, Sister Tan. If you feel that I've accidentally hurt you too, how about this: how many shares do you own in Zhuzhu Advertising Company? I'll buy them all."
Is the problem with you buying it?
Tan Xisong on the other end of the phone was obviously also furious. Her shares in Zhuzhu Advertising Company were just empty shares; she earned dividends and commissions by introducing business to the company, since it was backed by CCTV, and she was one of the heads of the business department of CCTV's advertising department.
"Mr. Lu, you won't even give my sister face, which really puts me in a difficult position..."
"If it's too difficult, then let's not do it."
Lu Yang: "Sister Tan, we have data to support our claims. We have full coverage of local TV stations, and the effect is the same as CCTV, but at a lower cost. If you find it difficult, I can handle it for you. Next year, we will cut Century Group's regular advertising budget in half from CCTV, and we plan to invest the extra portion in local satellite TV stations..."
Tan Xisong was speechless for a few seconds before giving in: "...President Lu, I understand what you mean. I won't get involved in this matter anymore."
After hanging up the phone, Tan Xisong felt deeply implicated by Yin Mingzhu. That same day, he had a heated argument with Yin Mingzhu, unilaterally announced his withdrawal from Zhuzhu Company, and took away relevant CCTV project resources.
Meanwhile, several partners, seeing the wind blowing, launched a collective claim, citing "Zhuzhu Company's breach of contract leading to losses."
The employees panicked upon hearing the news and resigned en masse, bringing Zhuzhu Company to the brink of bankruptcy overnight.
After this blow, Yin Mingzhu flew from Beijing to Shenzhen again and rushed to the villa to confront her sister, Yin Mingyue.
We demand an explanation.
When she rushed into the living room, she bumped into a pregnant woman with a large belly drinking tea with her younger sister, Yin Mingyue.
Yin Mingzhu instantly broke down, pointing at Qian Youyou and screaming, "So, my company is ruined, and you're all allies with this woman outside?"
She wasn't stupid; she naturally recognized that the pregnant woman was probably that guy's mistress. (End of Chapter)
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