A strong technological nation starts with repairing mobile phones

Chapter 46 Bourne is here!

"Twenty percent. In the first round, I will give out a maximum of twenty percent of the shares!" Chen Jinghong said with a serious expression: "Everyone knows that our Tiansheng Optics is a technology-driven company. We are currently introducing you just to create a community of interests.

Therefore, it is very likely that our company will not raise funds again before going public. After all, we will not introduce pure capital, but only partners that are beneficial to us.

As for the funds raised this time, the current plan is to use them to increase production scale. According to the plan, within three months, our company's production scale must reach more than half of Lens Technology and Born Optics, and surpass them in all aspects within half a year."

Although Lens Technology and Born Optics are both companies with market capitalizations of hundreds of billions, in fact, these market capitalizations are already very inflated. The market also gives them a high market capitalization based on their stable orders from Corning Optics.

They actually have only 20,000 to 30,000 employees. As long as Chen Jinghong receives stable orders from OOPP, VVII and Rice Group, it will be very easy for him to surpass them.

Huang Qifan and the other three were naturally very clear about these things, so they had no objection to Chen Jinghong's use of the funds and subsequent plans.

"Mr. Chen, this is only the first round of financing for Tiansheng Optics. Twenty percent is no problem, but isn't it too early to say that you will not raise funds until the IPO?"

Fang Chengguang had no objection to the 20% stake in the first round, but he still wanted to conduct several rounds of financing before the listing to better increase the market value of Tiansheng Optics.

Lei Jun: "Yes, I also think that if the development goes smoothly, there will be at least two more rounds of financing in the future, which will better increase the market value!"

Chen Jinghong did not object immediately. Tiansheng Optics was not very important to him, so he had no intention of holding on to the shares tightly.

After all, the market value of the glass panel industry is only a few tens of billions a year at its peak, and if you calculate the net profit, it is even less, almost less than 10 billion.

Therefore, he just wanted to earn the first capital and channel status through Tiansheng, so that he could better implement the next plan later.

"What you two said does make sense. If we need it or have better investors in the future, I will agree to start a second round of financing."

Hearing these words, Huang Qifan and the other two immediately showed satisfied expressions. From then on, everyone was very satisfied with Chen Jinghong's answers to these two questions.

The four of them finalized some details, indicating that the financing plan officially entered the second phase.

Next, the three-person team will move into Tiansheng Optics to conduct a comprehensive evaluation and ultimately come up with a valuation that satisfies all four parties.

……

At this time, two days had passed since the first round of financing meeting.

Just as Tiansheng Optics was cooperating with the three major teams in internal evaluation, an unexpected person came to the door.

"The people from Bowen want to see me?"

"Yes, Mr. Chen said he is from the operations department of Born Optics. Do you want to meet him?"

The call came from the front desk. The front desk didn't dare to directly refuse people from these big companies, so they could only call Chen Jinghong to ask.

"Bring him up!" Chen Jinghong finally decided to meet the other party.

Qiu Shujie is Qiu Chunqin's cousin. He has been following his cousin since the early days of Born. Now in his forties, he has become the head of the operations department.

This time, I came here on the orders of my cousin Qiu Chunqin to meet Chen Jinghong and implement the solution discussed internally. Bourne held seven or eight meetings of various sizes to analyze how to deal with the sudden emergence of Tiansheng Optics.

Although Born currently holds about 30% of Corning's orders, unlike Lens Technology, their main profits actually come from those mid- and low-end processing orders, and Corning's orders are just icing on the cake.

So even though Lens Technology already knows about the existence of Tiansheng Optics, it has not reacted at all, while Born is treating it as if it is facing a formidable enemy.

After all, more than 90% of Lens Technology's current revenue comes from processing for Corning, and Tiansheng Optics cannot threaten the other party at all at present.

"I am Qiu Shujie, the manager of the operations department of Borne, and you are Mr. Chen."

Qiu Shujie looked at the young Chen Jinghong in front of him and spoke to him with a somewhat arrogant attitude.

"Manager Qiu, is there anything you want to talk to me about this time?" Chen Jinghong said with some dissatisfaction.

"I just recently heard that there is a very good colleague here. As the leader in the industry, we are very interested in hearing that there is a good junior.

We at Born have always invested in and helped peer companies, and this time we came to see if your company needs help."

During this period, Born discussed the matter internally but ultimately could not come up with a better solution, so they had no choice but to use the tried and tested method of acquisition.

Over the past two decades, Born has relied on this strategy to acquire many of its technological peers, growing small companies into giants with a market value of over 100 billion yuan.

Of course, Qiu Shujie would not propose the idea of ​​acquisition right away, but would beat around the bush and say that he wanted to help the other party. As for how to help, it would naturally be to invest in the company and give him some orders to process, and then gradually dilute the other party's shares to take control of the company.

Chen Jinghong said without hesitation: "Our Tiansheng is doing well at the moment. We appreciate Manager Qiu's kindness!"

Not to mention that the first round of financing is about to be completed, even if there is no this round of financing, Chen Jinghong would not accept the so-called help from his peers.

"Don't refuse so quickly. You should know that we, Born, have 30% of Corning's orders for super-ceramic panels for Apple phones, not to mention that we, Born, are a listed company with a market value of over 100 billion.

If Tiansheng Optics can get our help, I believe you guys..."

His proposal was directly rejected by Chen Jinghong, but Qiu Shujie did not give up and immediately brought out the detailed information of the Born Group to threaten him.

But before he could finish his words, someone came into the office and said as he walked in:
"Mr. Chen, the evaluation teams of the three companies, OOPP and Rice, have finished recording everything. They said they would go back and summarize it, and then they will send us a copy of the detailed valuation information!"

As the office door was not closed and Qiu Shujie was sitting on the chair opposite Chen Jinghong, Zhou Pingshen did not see or hear him, so he spoke out about the matter directly.

Currently, Zhou Pingshen’s work has already surpassed that of the sales manager position, but both Chen Jinghong and he tacitly agreed not to bring it up.

Chen Jinghong didn't bring it up because no one else was using it and Zhou Pingshen just happened to be using it easily.

Zhou Pingshen, however, wanted to move up the ladder. Knowing that the company was developing rapidly, he did not want to be limited to the position of sales manager, so he worked very hard.

(End of this chapter)