Reborn in 2010, the AI ​​in my mind is too powerful.

Chapter 205 Eight Immortals Crossing the Sea

As soon as Chen Yiran entered, she asked impatiently, "What's going on? I was shocked when they said you guys were back yesterday. What are they trying to do? Are they trying to reason with me? But that's not what they meant just now, and they didn't make any demands."

Mr. Chen stood up with great flair, struck a pose like a Peking Opera performer, then patted his chest and said, "It's perfectly normal for me to do this. I'm the deputy director of the group's office now, with the待遇 of a full-fledged department head."

Chen's mother immediately chimed in, "Don't listen to him. Didn't you tell Shougang about the situation last month? Shougang rushed to increase his value. It's obviously just to curry favor with you. You're now of value to them, you know?"

"Your dad got a promotion, but he still doesn't do anything. Now it's a case of 'one person's success bringing benefits to their entire family,' even your advisor got a raise! They even gave him a 're-employment' status, and now he earns a lot more each month. The two of them go fishing in Mentougou every day, which is basically like playing chess; they're having a great time. But forget about everything else, where's Pidan? Why didn't you bring him along?"

"Um, this is important business, so I didn't bring him. How about I have the bodyguard bring him over now?"

"Shougang just wants my cooperation in publicity this time? I originally thought they'd be unhappy since their shareholding has decreased, but actually, if they were willing to pay, I could give them a little more."

Mr. Chen sighed: "The dog is the important thing. Hurry up and take Pidan over. We came with the leaders, it's not appropriate to bring a dog."

You have a private jet and you're not even bringing preserved eggs? You're so heartless. Hurry up and make a call; let's just spend the New Year here.

As for the factory, things aren't going well right now; they can't squeeze out that much money. They told me that, but I guess they just wanted to use me to tell you.

Last year, our revenue was over 200 billion RMB, but our profit was probably only a little over 1 billion RMB. We have less than 10 billion RMB in cash on hand, but in reality, we only have about 2 billion RMB available for immediate use. We can't afford to spend any more money even if we wanted to.

"How about we get a loan from a bank? We're Shougang! We can't even scrape together a few US dollars in credit from the bank."

Mr. Chen shook his head: "Our debt ratio is already 70%. The relocation cost tens of billions of yuan. Our cash flow is now like walking a tightrope. Nobody dares to spend such a large sum of money to invest in outside companies at this time."

Moreover, the new Caofeidian plant has just started production and is still in a loss-making period, burning through cash every month. The future of the steel industry is uncertain, and Shougang is currently in a phase of doing everything it can to protect itself.

So be it. Getting this much is already pretty good. At least it looks good on the surface.

Although they were quite successful before, they only invested in domestic high-tech companies and didn't hold large stakes.

Although we now hold fewer shares, according to your logic, the valuation is much, much higher, and we can promote ourselves as Shougang being the global founding shareholder of this behemoth company. Shougang has already consulted the State-owned Assets Supervision and Administration Commission (SASAC), and they have also expressed a positive attitude towards this matter.

But you need to give me a final answer first: could you possibly set up a few factories in Beijing later? The Shougang Industrial Park is really struggling.

"Yes, it will happen. My initial idea is to bring all the components from around the world to Beijing or to assemble them in factories in Malaysia."

Chen's mother quickly interrupted, "Don't be so concerned about saving face. You might end up losing money. Labor costs in Beijing aren't cheap these days; they might not even be as high as in Southeast Asia."

Chen Yiran waved his hand: "It's alright. The original plan was to build factories in these two places first. Of course, we might build factories in Shenzhen and Hangzhou later, we'll see then. We won't worry about money in the short term. Anyway, the company has plenty of income and cash flow. We'll focus on developing the technology and gradually integrate the production lines."

Chen's mother was still a little worried and asked in a low voice, "I looked into that trust carefully before, you know about it, right? You should set one up for yourself, so that if the company goes bankrupt in the future, or even if it goes into debt, you can be sure that your trust will continue to pay you money."

"Wow, that's impressive. You know quite a lot."

Chen's mother said with a hint of pride, "Of course, I can't be like your father, spending all my time fishing and playing chess. We still need to set up a trust. Starting this year, you should set aside tens of millions of US dollars every year and put them in regularly."

This isn't bad luck; it's just being prepared. Who knows what might happen, right? It's better to be safe than sorry.

Although Chen Yiran felt it wasn't necessary, spending tens of millions to give his mother peace of mind was still worthwhile. He nodded and said, "Okay, it's perfect timing, we're in Singapore, and the family office staff are here. After this transaction is completed, I'll have them set one up for me. I'll deposit fifty million US dollars into it every year."

Later, we'll add our whole family, including my maternal grandparents, uncles, and cousins, to the beneficiary list. We'll then receive a fixed monthly payment of 100,000 to 200,000 yuan. That's how old-money businesses in Europe and America operate.

Even if we pass it down for several generations, we'll never run out of money. Our family is still too small; we might not even be able to use up all the interest each year.

"Dad, do our grandparents' side of the family have any relatives we can really keep in touch with?"

Mr. Chen shook his head: "There probably aren't any left. They were all killed in the Tangshan earthquake. Your grandfather went to look for them, but both brothers were gone. He didn't see the child, but he was never found. He was too young at the time, and probably never even knew whose child he was when someone took him away."

"Damn, what if some melodramatic plot twist happens, and someone comes looking for us as relatives?"

"Who cares? If someone actually comes forward to claim them, we'll do a DNA test. If they're really relatives, we'll help them out. If it's fake, we'll sue them; that would be fraud!"

"That section chief is ruthless; he's always threatening to sue people."

"That's right, the section chief must believe in the law."

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Capella Hotel is the most luxurious hotel on Sentosa Island, surrounded by 112 acres of rainforest gardens, offering unparalleled privacy. It primarily caters to dignitaries, business leaders, and celebrities, emphasizing seclusion and luxury.

Two colonial-style villas built in 1880 have been renovated into the hotel's main building, complete with modern amenities.

Chen Yiran did not choose the hotel's largest meeting space, as he felt the private lounge was a bit oppressive. Instead, he chose the garden pavilion as the meeting location.

Although Chen Yiran has already acquired most of the shares in these companies, he still needs the management of these companies to continue working for him, and even work harder to integrate the resources of the entire group.

So the people from all sides sat in an open pavilion in the outdoor rainforest and began to discuss the final merger.

Chen Yiran represents DJI, the future king of drones; FlowEDA, the EDA hegemon; DuckDuckGo, the rising search website; A123, the pioneer of battery technology; Universal Robots, the pride of Danish technology; Uniview Technologies, the rising star in security; Aocheng Technology, which has already begun to take off; and Wanguoyuan, a Chinese manufacturer of the entire chip and memory chain.

Grace Chau, Chair of Chase Asia Pacific Investment Banking, will invest $50 billion.

John Connally, co-managing partner of Bain Capital, will invest in Ultron with a 20% stake plus some cash.

Eddie Cue, Apple's senior vice president of Internet services and one of Cook's most trusted negotiators, will also contribute 20% of Ultron's shares plus some cash.

Zhao Guodong, deputy secretary of the Shougang Party Committee and chairman of the trade union, will use 5% of the shares in Wanguoyuan to enter the market.

Bengt Jensen, chairman of Linack, a Danish electric linear actuator manufacturer, signed an agreement with Chen Yiran after three phone calls, selling 9% of his family business to Chen Yiran, and will then use the remaining shares to enter the market.

Takashi Hasegawa, the head of Harmonic Drive Systems, a Japanese harmonic reducer company, also reached an agreement with Chen Yiran to sell 9% of his company's shares to Chen Yiran and use the remaining shares to enter the market.

Liu Jincheng, the actual controller of EVE Energy, has reached an agreement with Chen Yiran to privatize and delist EVE Energy, selling 9% of its shares to Chen Yiran and using the remaining shares to enter the market.

These companies are all industry leaders, and now they have been lured over by Chen Yiran's technical reputation built up over two years, along with his huge promises.

They gave up most of their shares to gain entry into the future, just to join the new company that Chen Yiran eventually integrated, Aurora Technology.

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