A strong technological nation starts with repairing mobile phones

Chapter 96 Valuation: billion!

At the entrance, Chen Jinghong hugged Chen Yuanyuan and said goodbye to Xu Weirong again. Chen Yuanyuan hugged his neck with one hand and waved at Xu Weirong with the other hand reluctantly.

"Let's go!" After watching his brother-in-law pass the security check, Chen Jinghong turned to look at his daughter and said.

It may be that Xu Weirong was indeed very good to Chen Yuanyuan in the past two months, or it may be that Chen Jinghong and Xu Qing did indeed neglect their daughter in the past two months.

Chen Yuanyuan raised her head and asked Chen Jinghong, "Baba! Will uncle come over next time?"

Seeing that his daughter was about to cry again, Chen Jinghong pinched her nose and said, "Yes! But if Yuanyuan keeps crying, it won't be cute. If it's not cute, then your uncle might not like you anymore!"

Chen Yuanyuan first reached out and pushed Chen Jinghong's hand, then looked at him angrily and said, "Baba only knows how to pinch me, humph, Yuanyuan won't cry!"

"Ha ha……"

Looking at his daughter's cute appearance, Chen Jinghong kissed her directly on the cheek.

"Okay! Yuanyuan is the cutest and never cries!"

"Saliva, stinky!" Chen Yuanyuan quickly reached out and touched the place where Chen Jinghong kissed her, and said with a pout on her lips.

"Humph, Xiao Yuanyuan, since you dare to dislike your daddy, I'll kiss you, I'll kiss you, I'll kiss you, I'll kiss you!"

"Bad dad! Bad dad! Ha, ha, ha, ha, ha!"

Children's emotions come and go quickly. With Chen Jinghong's deliberate actions, Chen Yuanyuan quickly put Xu Weirong behind her!
The father and daughter went directly to Pengcheng North Station, walking and playing. This moment was like going back to a few months ago when the family of three was in Huaqiangbei.

However, Xu Qing happened to have some matters at the company at that time, and the feeling of warmth was indeed less without her.

……

The current situation of Tiansheng Optics is very similar to Xu Wei's. One went back to repeat his studies for his future university, and the other finally faced another major decision.

Yes, it was August 8th, the day after Xu Weirong left.

The second round of financing meeting of Tiansheng Optics, which has been long awaited by the LCD screen industry and the mobile phone industry at home and abroad, has officially begun.

Compared with the first round of financing in July, this round of financing is almost the same.

If you don't tell them, some people would find it hard to believe that there was only one month between Tiansheng Optics' two rounds of financing. It took Tiansheng Optics only more than a month to transform from a small company that no one cared about to become a rising star that is now sought after in the industry at home and abroad.

Today, Chen Jinghong did not personally take this group of people to the production workshop for a tour to demonstrate Tiansheng Optical Technology to these investors like he did last time.

As soon as the agreed time arrived, everyone went directly to the conference room and waited to hear Chen Jinghong's arrangements.

When Chen Jinghong brought the company's senior executives, Zhou Pingshen, Zhao Wenshu, and Li Huanyi into the conference room.

Everyone inside immediately stood up and shouted to him, "Mr. Chen."

Most of these people spoke in a flattering tone.

"Hello everyone, I am Tiansheng Optics COO Zhao Wenshu, thank you very much for taking the time to participate in our second round of financing."

This time, Chen Jinghong no longer chose to stand in front of the stage himself, but directly handed the matter over to Zhao Wenshu to handle.

Of course, after this period of contact, Chen Jinghong was very optimistic about Zhao Wenshu and promoted him very decisively, from a manager to the chief operating officer of Tiansheng Optics.

However, due to the slow development of Tiansheng Optics, the COO is currently just a position, and the main responsibility is still the previous public relations and operations department.

However, as Tiansheng Optics gradually becomes formalized, Zhao Wenshu's position will gradually become more important, and by then it is very likely that Zhou Pingshen will not be able to compare with him.

When everyone present saw that it was Zhao Wenshu who was hosting the meeting, they felt a little strange but did not pay much attention to it.

Soon there was warm applause from the audience.

Zhao Wenshu waited until the scene was quiet before pointing to the three people sitting on his right and saying, "During this round of financing, we asked PricewaterhouseCoopers to help us assess the market value of Tiansheng Optics last week.

After nearly five working days, they finally gave us a reasonable valuation within the time we specified yesterday. We are very satisfied with this valuation internally, and I believe that you will not question the professionalism of PricewaterhouseCoopers!"

PricewaterhouseCoopers is one of the top accounting firms in China. In addition to state-owned enterprises, they also cooperate with some of the top domestic companies. Currently, anyone in China who knows and has had contact with them will not question their professionalism.

Compared to PwC, everyone present was more concerned about the time that Zhao Wenshu had just mentioned.

Tiansheng Optics had actually asked the other party to start the evaluation last week, but they only came to attend Tiansheng Optics' joint development meeting three or four days ago. Doesn't this mean that Tiansheng Optics had already had the idea of ​​raising funds before that?

"Everyone! I am a partner of PricewaterhouseCoopers. Mr. Liao, I am responsible for the entire assessment of Tiansheng Optics this time." Mr. Liao stood up and introduced himself to everyone first, and then took the responsibility on himself.

An assessment costs nearly one million yuan, so it is not enough to just let him look at the information and then randomly say a number. Unless Tiansheng Optics conceals something in the information, they must be responsible for the final assessed market value.

Next, Mr. Liao began to report on each matter one by one. Most of these were information provided by Tiansheng Optics and information that was currently publicly available.

Since they want to be responsible, they naturally must have evidence. These are the evidence. Saying these now means that they are only responsible for these situations. If there are situations that they did not mention at the scene, then they are not responsible.

These things are very complicated and detailed. Although I can only give a brief report with subsequent information for others to see, it takes nearly an hour just to give a brief report.

"We at PricewaterhouseCoopers have evaluated the value of Tiansheng Optics' existing fixed assets, patented technology, and current market position. We at PricewaterhouseCoopers have given this..."

Having said that, Mr. Liao raised his head and glanced at everyone.

This moment was also the most tense one. Everyone present almost forgot to breathe and looked at him, eager to know how much Tiansheng Optics was worth!

He only took a glance and instantly felt everyone's gaze on him. Mr. Liao's heart trembled. Fortunately, he had seen the world, otherwise he would have been embarrassed.

Taking a deep breath, Mr. Liao lowered his head and looked at the numbers on the report, then slowly said in a low voice:
"One hundred and five billion MiGold! That's seventy-four and a half billion!"

"..."

"boom!"

After nearly five seconds of silence, a heated discussion broke out.

"Boss Huang, you guys are making a fortune! It's only been over a month and your profits have increased more than tenfold!"

Huang Zhang sat next to Huang Qifan, and his voice was full of the flavor of lemon.

At this moment, Fang Chengguang on the side said with a look of disappointment: "Alas, I didn't cherish the billions of dollars in front of me."

In the mobile phone circle, there are some who are happy and some who are sad, and among them, Huang Qifan is considered the happiest person.

Perhaps Wang Shoujun knew that this financing conference had little to do with him, so he did not come to attend at all. Even his secretary, Qi Hengtai, was not sent.

Then Huang Qifan was the only one left who held shares in Tiansheng Optics.

"This valuation is much lower than I expected. I originally thought that the valuation could exceed 100 billion, but I didn't expect it to be over 70 billion?" Huang Qifan's face did not show much surprise at this moment. After all, OOPP as a shareholder received the notice last night.

"Old Huang, that's enough. This is only the second round. If the valuation is too high, how can we go public in the future? How can we invest today?"

Yu Dazui smiled as he watched Huang Qifan analyze the reasons for giving this valuation.

Huang Qifan thought about it, nodded and smiled, "Yes, if it's at a high point, how can we attract people like you to invest?"

Many people at the scene actually had the same reaction as Huang Qifan and Yu Dazui.

"Mr. Wang, it seems that the valuation was deliberately lowered. This is probably for better financing!"

"Of course, if the current valuation is 200 billion, would you invest?"

"Of course not. The valuation is 200 billion, which is higher than our company. Why does it need our investment?"

"That's it. It seems that the top management of Tiansheng Optics still has some vision and does not overly pursue a high valuation!"

"Haha, there are only three shareholders now, and Mr. Chen owns 92% of the shares. He must have a big vision!"

At this moment, the screen manufacturers were also discussing non-stop, but as they talked they went off topic and started discussing Chen Jinghong.

"Everyone, the valuation has been announced. Currently, this valuation has been approved by all shareholders and directors of Tiansheng Optics. Therefore, the valuation of Tiansheng Optics in the second round of financing is 74.5 billion."

After giving everyone a few minutes to discuss, Zhao Wenshu stood up again and spoke to everyone.

Now that we have discussed the valuation situation, the next step is to discuss the financing details.

"After discussion by the board of directors, the funds raised this time will be used to build factories, expand straight glass panel production lines, develop folding glass products, and build five folding glass production lines with an estimated annual production capacity of 100 million pieces!

The target amount of this financing will be: 28 billion! The shareholding will reach about 37%. "

"Clap clap clap..."

After Zhao Wenshu finished speaking, the people at the scene began to get excited and many people were so excited that they applauded wildly. No one had expected that Chen Jinghong would be so generous!

He took out 37% in this move. Although according to the proportion he only needed to take out about 34%, his shares would only be left with 58%.

This small amount of shares has begun to become dangerous for him as the founder.

"Everyone, let me first declare and inform you of one thing. In addition to the financing this time, I will also sell 3% of my shares. In order to maintain the fairness of the financing, I would like to remind you that I, as the major shareholder of Tiansheng Optics, will cash out 3% of my shares in this financing!"

Chen Jinghong mentioned this point twice in this cash-out notice.

Three percent, that is more than 2 billion. When they heard the news, everyone's faces changed, but only they themselves knew what they were thinking.

"He's too impatient. He can't wait to cash out now that the situation is so good. What is he thinking?"

Huang Zhang looked at Chen Jinghong and said with a puzzled look on his face.

"Mr. Chen is still renting a house. He invested almost all of his wealth in Tiansheng Optics!"

Huang Qifan glanced at Huang Zhang and slowly told him the information he knew. In fact, he has always been very interested in Chen Jinghong.

He had specially investigated the other party and knew that he was just a small boss in Huaqiangbei. He invested the money he made directly into Tiansheng Optics. He had always been puzzled by Chen Jinghong's decisive thinking.

"Mr. Wang? What do you think?"

"It's just over 2 billion, what else can I do? I'll stand and watch!"

"Haha, just based on his previous performance, I believe in him and I'll invest!" Li Dongsheng stood up and said to everyone: "China Star Optoelectronics can invest 3 billion!"

Li Dongsheng's action directly interrupted the discussion of the crowd. Only then did they react, and many people stood up and shouted.

"We invested 6 billion!"

"Xia Wei can invest 10 billion!"

"VVII can invest 2 billion!"

"Tianma, two billion!"

"BOE 5 billion!"

"Mei Lan, fifty million!"

Before anyone could finish speaking, the 25 billion investment amount was divided up in an instant, and in the end there wasn't enough to go around!
"Why do you, Xia Wei, have so much to offer? We at Visionox don't ask for much, we only need an investment of 500 million!"

"The Rice Group, three billion! Please give me some face and give me some."

"Xia Wei is too domineering. Isn't he afraid of indigestion when he has 10 billion?"

"That's right, Yu Dazui, why do you need so much?"

In an instant, the entire financing conference became like a noisy vegetable market. You asked me to give in a little, and I asked for more, and we couldn't reach a conclusion for a full half hour.

"Everyone, please listen to me, listen to me!" At this time Zhao Wenshu stood up again and said.

Now the people who were making noise stopped and turned to look at each other. After all, Zhao Wenshu was the person in charge of financing for Tiansheng Optics and he could not be offended.

Seeing that everyone had quieted down, Zhao Wenshu finally breathed a sigh of relief and said to them, "You don't really need to fight. After our board of directors' discussion, we will allocate investment amounts based on your industry status and company conditions. Now we mainly want to determine who wants to participate in the investment and who wants to withdraw from the investment."

Hearing that the host had already helped to arrange the flight, but they were still arguing here, many people suddenly felt embarrassed.

"Damn it! I was wondering why you were so quiet just now, Old Huang. It turns out you knew it a long time ago, didn't you? You didn't even remind us and you're still laughing at us!"

Fang Chengguang looked at Huang Qifan who was sitting very calmly on the side, and immediately questioned him.

"Haha! Did you just realize it now?" After being exposed, Huang Qifan couldn't hold back his laughter anymore and immediately laughed out loud and said to them.

"Fuck, you old man, you are really a dog!" Lei Jun looked at him and complained directly!
　The coding these two days has been so painful, probably because I haven’t done 10,000 points a day for a long time.

I have been writing intensively for nearly ten hours for five consecutive days, and I feel that my condition has dropped sharply.

The plot is written in a choppy way and is not smooth at all. There is a detailed outline but it just cannot be written.

I'm thinking whether I should stop updating for two days and update 6,000 or 8,000 words, or just write a few daily posts!

Dear readers, please take note. Should we reduce the update by one chapter to recover a bit, or should we continue to update rapidly?

　
(End of this chapter)