A strong technological nation starts with repairing mobile phones

Chapter 130 The plan failed!

"I don't have any idea about this!" Zhao Wenshu looked at Li Zhen seriously.

Li Zhen looked at Zhao Wenshu in surprise. He really didn't expect that Zhao Wenshu could still be so calm at this time.

In the past, executives of companies that came to NASDAQ wanting to go public would be extremely excited when they heard that Goldman Sachs agreed to take them over.

Zhao Wenshu's perfunctory attitude did not discourage Li Zhen. He quickly adjusted his mood and immediately started a new round of persuasion.

Li Zhen is no mediocre person as he is the head of the listing department of Goldman Sachs' domestic branch and also serves as a part-time investment manager.

Soon Zhao Wenshu agreed to tell Chen Jinghong, and also promised Li Zhen to try his best to get Chen Jinghong to agree to his request for a meeting.

……

When Li Zhen left Tiansheng Optics, news that the company might go public quickly spread internally.

Also brought along was the exact information that Goldman Sachs was responsible for, including the news that Li Zhen personally went to Tiansheng Optics today to meet with Zhao Wenshu.

"Mr. Cheng, I heard that the company is going to go public soon. Can we buy some original shares?"

Just as Cheng Ting was about to leave work, her assistant suddenly asked.

"Listing? How come I don't know about it? Where did this news come from?"

Confused Cheng Ting asked three questions in a row!
Cheng Ting has been very busy in the past two months. Not only does she have to work hard during normal working hours, but she also has to study the adult MBA course offered by Pengcheng University after get off work.

Her goal is to get a master's degree within three years. Of course, this is not a full-time degree so it is a bit exaggerated.

Seeing that Cheng Ting was indeed unaware of the situation, the assistant immediately started to gossip and whispered, "I heard that someone from Goldman Sachs came to contact Mr. Zhao today, and they were discussing the listing in the office.

The news has spread over there, and it’s also being shared in many V groups!”

After hearing this, Cheng Ting frowned and immediately picked up her phone to check the messages in the group. Sure enough, some small work groups were indeed discussing this matter.

"I haven't received any news yet. Please let our department pay attention and don't spread it around!"

"I'll go notify them right away!" the female assistant said immediately after reacting.

After leaving the office, Cheng Ting did not go home for the first time in a long time, but drove her newly bought car to the old factory.

Cheng Ting is responsible for a large amount of sales business of the company. Perhaps it is because the company's products have no trouble selling, or perhaps it is because she is too studious, proactive and receptive.

She survived three personnel reforms of Tiansheng Optics and is still the head of the sales department of Tiansheng Optics.

And his master, Zhou Pingshen, who was the second-in-command of Tiansheng Optics a few months ago, fell due to these personnel reforms.

Now Zhou Pingshen is not even qualified to come to the new factory office, and his office is still in the old factory.

My main task now is to be responsible for some marginal projects of the company.

Cheng Ting's target when she entered was Zhou Pingshen.

Zhou Pingshen felt very complicated when he saw Cheng Ting, the person he had recruited personally in the early days, who he had brought up and taught for a long time.

My experience in the company has been smooth sailing, and now I have even climbed to a higher position than myself.

"It's rare that you come to see me today!" Zhou Pingshen looked at Cheng Ting and asked with a smile: "What's wrong? Are you in trouble?"

Cheng Ting shook her head. After a lot of study and with the stage of Tiansheng Optics, it was very likely that Zhou Pingshen did not understand business matters as well as she did.

"Master, have you heard the news? The company seems to be preparing to go public!"

"Listing?" Zhou Pingshen was very surprised, then shook his head and said: "I haven't heard of this news, but at present, all of us old people are scattered, and no one is working in the headquarters, so the news is indeed not well-informed!"

"If it goes public, you old guys should also be allocated original shares or be eligible to purchase original shares, right?"

"I think so!" Zhou Pingshen's tone was not very confident. He had never met Chen Jinghong in private since he left the power center of Tiansheng Optics.

He had no idea what Chen Jinghong was thinking about this.

Then the two chatted about some other topics about this matter. Half an hour later, seeing that the class was about to end, Cheng Ting left Zhou Pingshen's office.

Looking at Cheng Ting's leaving back, Zhou Pingshen's eyes left a trace of loneliness!

When Chen Jinghong first acquired Tiansheng Optics, he developed such an excellent glass panel production line.

At that time, he was full of confidence in the future of Tiansheng Optics, and felt that one day Tiansheng would be like Born Optics.

After several months of hard work, Tiansheng did achieve this goal, but at this moment he had already collapsed on the road.

……

When Zhao Wenshu found Chen Jinghong and was about to report the Goldman Sachs visit.

Chen Jinghong is interviewing experimental personnel for the new project.

"Goldman Sachs? Want to invest in us again?" Chen Jinghong asked puzzledly!
In Chen Jinghong's mind, he only has a vague memory of the name Goldman Sachs, and his impression seems to be that it is an investment company.

So when Zhao Wenshu reported that Li Zhen from Goldman Sachs wanted to meet him, his first reaction was that they were here again to invest.

I was beginning to feel a little dissatisfied with Zhao Wenshu. After all, Zhao Wenshu should understand my attitude and shouldn't have come to me for such things.

"It's not an investment!" Zhao Wenshu quickly explained, "It's a listing. Goldman Sachs' U.S. headquarters believes that Tiansheng Optics meets the Nasdaq listing requirements.

And it also has great potential, so we hope we can go to Nasdaq for listing.

The person in charge of this matter in China is Li Zhen, who is one of the directors of Goldman Sachs' Greater China listing department and investment manager.

He found me and asked to see you!"

Chen Jinghong understood immediately and shook his head and said, "Go back and tell him that Tiansheng Optics has no plans to go public at the moment. I won't meet him for the time being!"

Since the completion of the first MCTL line, Tianma and BOE have successively joined the MCTL display industry.

The two companies customized more than a dozen MCTL production lines together, and the deposit was paid after the contract was signed.

Plus the low-interest loan provided by Pengcheng!
At this time, Chen Jinghong had already begun to consider how to buy back the shares of Tiansheng Optics, and then rename the company where he made his first pot of gold as Jingqing Optics.

Now someone suddenly comes and asks him to go public, and it is on the Nasdaq in the United States. Naturally, he has no interest in it.

Zhao Wenshu immediately understood what Chen Jinghong meant and nodded in response without hesitation.

"Yes! I will reject him immediately when I get back!"

"I'm very busy here, if there's nothing else, please go back!"

Li Zhen soon received a reply from Zhao Wenshu. When he heard that Chen Jinghong rejected the listing proposal without hesitation, he expressed his disagreement with his own answer.

He understood that Chen Jinghong's path seemed to be blocked.

He immediately replied to the headquarters and informed them that the actual controller of Tiansheng Optics had no intention of going public.

There is nothing wrong with his actions. After all, the boss of the company doesn't want to go public. According to his thinking, Goldman Sachs can't force others to go public!

He originally thought that the head office would directly abandon the Tiansheng Optics plan.

Unexpectedly, the head office responded by asking Li Zhen to make every effort to get Tiansheng Optics to agree to list on NASDAQ. Since then, Li Zhen has sensed something is wrong, but at this moment, he can't say anything about it.

I could only start thinking hard about how to deal with this matter.

Then he quickly thought of the remaining shareholders of Tiansheng Optics and felt that he could start with this group of people.

Soon he began to frequently contact Wang Shoujun of Tianyin Group or the shareholders behind Tianyin Group.

OOPP, Dami Technology, Visionox, VVII and other people who are related to Tiansheng Optics.

When they heard that Goldman Sachs was willing to sign an agreement to guarantee Tiansheng Optics' successful listing on NASDAQ, they were also willing to join forces with Morgan to buy all the volumes.

Most of the group was convinced.

At first, many people went to Jingqing hoping to meet Chen Jinghong and persuade him to agree to Tiansheng Optics' listing plan.

Finally, Chen Jinghong, who couldn't stand it anymore, directly attended the shareholders' meeting.

This meeting is different from the board of directors. The board of directors only needs the participation of directors, while the general meeting of shareholders requires the participation of those who actually own shares behind the directors.

However, the shareholders behind Tiansheng Optics are almost all corporate institutions, so it was this company that sent people here.

……

Tiansheng Optics Guanlan Park, office building!
At this time in the conference room, Zhao Wenshu was just sitting in a small corner looking at everyone present.

"Mr. Chen, when we invested in Tiansheng Optics, it was not just to join the Folding Glass Alliance, but because we felt that Tiansheng Optics did have a promising future.

I agreed to invest because I thought this investment would bring rich returns in the future, instead of just doing charity to help Tiansheng Optics solve its initial funding problem!
Now that the opportunity to go public is right before our eyes, Tiansheng Optics should take it positively!"

This sentence was said by representatives sent by a dozen or so small companies.

After hearing this, Chen Jinghong did not immediately pay attention to the man, but turned to look at Li Dongsheng and Chen Yanshun.

"Mr. Li, Mr. Chen, what do you think in CSOT and BOE?"

Li Dongsheng looked around and continued, "Of course we support the listing, but the location of the listing is a big problem."

Chen Yanshun also nodded and agreed, "Yes, we all invest in Tiansheng Optics and hope to get rich returns in the future.

Therefore, we at BOE support Tiansheng Optics' listing, but we are cautious about the stock exchange where it will be listed!"

With these two people saying this, it seems that Tiansheng Optics' listing has become what everyone wants.

However, it seems that the two are not very interested in Nasdaq.

Chen Jinghong looked at everyone and felt helpless.

Unfortunately, this happened too early, and I have too little money on hand.

Back then, Tiansheng Optics obtained 25 billion yuan in funds from these people, and now it wants to buy back at least 30 to 50 billion yuan.

Previously, Chen Jinghong had some money and started to consider repurchasing, but the money was obviously not enough!

“Everyone, why go through so much trouble to go public?

We are all here for a return, so we at Jingqing Investment have decided to acquire Tiansheng Optical shares at 120% of your original investment amount!
This way you can get your cash back immediately, and a 20% profit in a few months is a high enough return I believe!"

Chen Jinghong gritted his teeth and finally decided to go through the repurchase process immediately.

Of course, he might not have enough money now, but he believed that it was impossible to buy everything at once!
According to his idea, 20% was indeed a very good amount.

He believes that anyone would be satisfied if they could earn 20% profit in a few months.

Unfortunately, he underestimated human greed.

"Twenty percent? Mr. Chen, take a good look at the current valuation of Tiansheng Optics!

Even if you offer a 50% premium, it still won’t be enough!
What we need is to go public and let the market decide the value of Tiansheng Optics!"

"That's right. With the current development level of Tiansheng Optics, it's not too much to double the valuation, right? Mr. Chen, don't you think it's too much to offer 20%?"

Soon, several company representatives spoke in a sarcastic tone.

“At an 85% premium, I agree to sell our company’s shares in Tiansheng Optics!

Otherwise, Mr. Chen, let’s go public! I remember you promised us that you would go public! "

"Yes, if you want to break your promise, then you should think about the fact that we hold more than 34% of the shares!"

The more they talked, the more they raised their voices, and the last one even started to threaten them.

It’s a pity that the man’s threat was too weak, and the major shareholder was the one who could really make the decision at this time.

Representatives of companies such as BOE, Huaxing, Xiawei, and Dami Technology remained silent and had no intention of supporting this group of people who were forcing the palace.

In the end, the meeting ended in a bad mood, but Chen Jinghong still left a message.

Tiansheng Optics can go public, but the exchange it chooses to go public on cannot be Nasdaq!

Chen Jinghong's words spread quickly and their meaning was misinterpreted.

Most people believe that Tiansheng Optics really has the idea of ​​going public.

Soon, undercurrents began to surge within the entire company, and most middle and senior management began to consider whether they could qualify to purchase original shares.

……

Li Zhen naturally got the news very quickly, especially Chen Jinghong's statement that he was determined not to choose to list on NASDAQ.

Although he did not give up immediately, he still reported back to the head office immediately.

The news that Tiansheng Optics' plan to go public on NASDAQ had failed was quickly reported to all levels.

When the news reached Lawrence, he went to the office of Corning CEO.

"So, their plan failed?"

Wei Wende sat on the chair and said calmly: "Yes, the other party did not fall for it and chose to retreat. No matter how good their plan is, it cannot be implemented.

By the way, how is the R&D team you poached from the other company doing?"

"What a bunch of rubbish!" Lawrence said angrily, "I'm wondering if I've been deceived by fake news. This group of people may not be the real R&D team of folding glass.

They are probably just a team that was pushed to the front. After being poached for so long, they can’t even practice their skills to reproduce the performance! ”

Wei Wende nodded and said, "Then let's deal with it as soon as possible. They can no longer afford to continue the lawsuit with Tiansheng Optics!
There is no dispute about this. Tiansheng Optics has a different status and the authorities there want to end it as soon as possible!"

When Lawrence heard this, he immediately understood and nodded, "I'll give them another week. If it still doesn't work, I'll take care of it!"

Wei Wende nodded slightly: "Yes. By the way, since the plan failed, the infringement of Tiansheng Optics has been officially scheduled!"

(End of this chapter)