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Return to the Day When My Pregnant Wife Jumped Off the Building-Chapter 255 The Best is the Saint_1
Chapter 255: Chapter 255 The Best is the Saint_1
Having thoroughly reviewed the corporate documents and application of Baiguang Optics, Xiao Ming came to a conclusion: without a deep understanding of the optical industry, investment firms simply wouldn’t invest in them.
Even if they were determined to invest, the most they would offer would be to try out with twenty or thirty million.
It was a typical article written by someone with a science background, full of jargon, with no embellishment, and even the profit return section was dry. It honestly stated that the time span would be as long as three to five years.
Who the hell would be willing to dump a hundred million in a hole for three to five years with no guaranteed outcomes?
However, looking at it from a long-term perspective, Chen Tianyou and Tang Qingbai were indeed quite ambitious.
The purpose of their fundraising this time was to introduce a high-precision equipment production line, in addition to building a sterile-grade laboratory and production room.
Clearly, they intended to upgrade their OEM factory into an independent factory with R&D and production capabilities.
At the same time, Xiao Ming could see that Chen Tianyou and Tang Qingbai were not the kind of science guys that couldn’t think outside the box. The reason their financing application ended up on his desk was just them casting a wide net.
It was like sending out resumes; there was virtually no cost.
With that said, it was the Lingnan Business Association that had given him this opportunity.
"Lan," Xiao Ming decided on the spot, pressing the call button, "could you please contact the people from Baiguang Optics for me, and tell them I am very interested in their application. I hope they can come to the company with a more detailed plan for a face-to-face discussion."
Chen Tianyou and Tang Qingbai responded quickly. Not long after noon, they arrived at Xiao Ming’s company.
However, they didn’t come by themselves; there was a third person with them.
After formal introductions and pleasantries, they sat down in Xiao Ming’s office.
Chen Tianyou and Tang Qingbai didn’t look much different from the media photos Xiao Ming had seen in his previous life, just younger. In their thirties and in the prime of life, there was a light in their eyes that made them immediately likable.
The third person was named Hao Jianwen. Although also in his thirties, he clearly lacked energy, his eyes half-open as if he had not slept well the night before. He seemed to be here reluctantly, with no real expectation of securing the funding.
"I already understand the general intentions of your company."
After a few pleasantries, Xiao Ming got straight to the point, "But there’s one thing I don’t quite understand. According to Baiguang Optics’ current scale and annual output, the market value should be at most around two hundred million.
Yet, in your financing plan, you’re willing to exchange fifteen percent for a hundred million, and there’s no compensation on profit sharing. That doesn’t seem quite appropriate, does it?"
Chen Tianyou and Tang Qingbai seemed a bit surprised that he brought this up right away, their expressions slightly embarrassed as their glances unconsciously turned to Hao Jianwen.
Hao Jianwen yawned, saying, "There’s nothing inappropriate about it. We believe the company has promising prospects, and a necessary premium is only right."
"But there’s no rationale for a premium more than three times the value!"
"If I say there is, there is. If you don’t find it worthwhile, you’re free not to invest," Hao Jianwen retorted.
Xiao Ming’s eyes narrowed, and a look of displeasure appeared on his face. Chen Tianyou hurriedly spoke, "Mr. Xiao, it’s like this, regarding this round of financing, Qingbai and I have been the main proponents, while Mr. Hao has always held reservations.
Because of this, according to company rules, he has the right to refuse to dilute his share of stock.
Qingbai and I don’t hold much stock, and after giving up fifteen percent, we’re left with very little; that’s why it seems a bit unreasonable.
Of course, if you are truly interested in our plan, there could be room for negotiation."
For example, by adopting a bet agreement.
Your company can first invest fifty million in funds, and if Baiguang’s market value cannot double within two years, the subsequent agreement will be voided immediately. Otherwise, your company will need to make up the remaining fifty million.
What do you think?"
Xiao Ming understood that although the operators and technical providers of the company were Chen Tianyou and Tang Qingbai, the largest investor, or the major shareholder, was Hao Jianwen.
Hao Jianwen was not interested in their so-called ideals and only wanted to make money by keeping the factory, but since decisions were made by a three-to-two majority, he could only trouble them by refusing to dilute his shares.
After pondering for a moment, Xiao Ming said, "May I ask what the shareholding percentages of the three of you are?"
"I own seventeen percent, Qingbai owns nineteen percent, and the rest belongs to Mr. Hao," Chen Tianyou replied.
Together they owned thirty-six percent, more than thirty-four percent, which must be why Hao Jianwen couldn’t directly object and had to throw tantrums instead.
"I see," Xiao Ming nodded, turning his gaze toward Hao Jianwen, "Mr. Hao, do you have plans to sell your Baiguang shares?"
As soon as these words came out, Chen Tianyou and Tang Qingbai were both stunned, and Hao Jianwen finally opened his eyes fully.
"What do you mean? You want to kick me out of Baiguang?"
"Firstly," Xiao Ming said sternly, "keep your mouth clean. If you dare call yourself ’old man’ again, I’ll personally take you to the restroom for a wash.
Secondly, since you used the word ’kick,’ does that mean you’re unwilling to sell at any price?"
Upon hearing this outsider dare to school him, Hao Jianwen was instinctively about to curse, the swear words already at the tip of his tongue. He remembered Xiao Ming dealing with thugs at the airport and hastily swallowed the words back.
"Cough cough... well, if you really want to buy, two hundred million and we can sign the deal right now."
Xiao Ming laughed, "Your company’s initial registered capital was just ten million, meaning you put out at most six million. Now, in less than three years, you want to turn it over more than thirty times? Do you take me for a fool?"
"So you don’t have the money, huh! If you don’t have money, cut the crap!"
With a snort, Hao Jianwen stood up, waved a hand at Chen Tianyou and Tang Qingbai, "Let’s go! Can’t you see? Mr. Xiao is just playing you for fools.
No one in this world would be a fool enough to throw a billion your way to waste."
Chen Tianyou and Tang Qingbai exchanged glances, both sighed, thanked Xiao Ming politely, and stood up to take their leave.
"Mr. Chen, Mr. Tang, I am very interested in the future you’ve painted. Business aside, let’s be gentlemen. I’d like to make friends with you. Would you have time for a casual dinner tonight?" Xiao Ming invited them as they were leaving.
Both were taken aback for a moment, then their faces lit up with hope again.
"Old Chen, Old Tang," Hao Jianwen immediately warned, "don’t forget the company’s bylaws. No matter what decision you make or what agreement you reach in my absence, I have the right to veto it with a single vote!"
Chen Tianyou and Tang Qingbai simultaneously showed a wry smile, accepted the invitation, shook hands with Xiao Ming, and then took their leave.
In the instant the door closed, Xiao Ming’s smile also vanished, and he said coldly, "Hao Jianwen, you’d better be a pure-bodied, beautiful-souled Saint.
Otherwise, I’ll inevitably have to stage a drama that leads to someone’s ruin."