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Chapter 773 Balanced Acquisition Plan


Deep City.As usual, Xiao Bai came to the office in the morning and dealt with some urgent documents first.Then, Tong Wanqing will send tea, snacks, and the latest information such as business compilations.Immediately after, Xiao Bai will deal with daily official business.But today, Xiao Bai only ate a small snack and drank two sips of tea before he received a call from Wei Jianjun."

Xiao Dong, our first localized 14N production line encountered some problems during the trial production process.Specifically, the yield index did not meet expectations, and it just passed the passing line, and the mass production time may have to be postponed. ”"How so?

In the process of process research and development, the yield index is quite good.Why did you move it really and go back instead?

Old Wei, where is the root of this problem?

”Xiao Bai didn't want to be held responsible, he needed to figure out the crux of such an important matter, otherwise he wouldn't be able to sleep."

We are still investigating the cause, and I personally guess that it may be that the run-in between the equipment is not enough, and an occasional unstable performance will cause a decrease in the yield rate."

Speaking of this, Wei Jianjun was actually quite helpless.Equipment and materials do not mean that they can reach a stable state immediately, and no matter how much energy and capital Jingcheng Company has invested in the 28N localization production line, it will not be able to achieve a success.At that time, Wei Xiaolou, Liang Jinsong, Meng Kongliang and others led the technical team, and they also made progress little by little in the process of continuous trial and error.Now the newly built domestic 14N production line is more than an order of magnitude higher than the 28N production line in terms of technical difficulty, and it is normal for there to be repetition from R&D to trial production.So far, the production technology of listed companies has basically been accumulated on the basis of imported equipment and materials.The technical verification of domestic equipment (materials) is still short, and it is inevitable that there will be some hidden subtle flaws that have not been discovered."

Old Wei, I can understand when you say that.There is no big deal if there is a problem, the key is to find the specific cause and be able to eliminate the hidden danger in time. ”After listening to Wei Jianjun's explanation, Xiao Bai had a rough idea in his heart.The construction of the localization (de-M) production line is very complicated and the technical difficulty is also very high, and he will not be too demanding of Wei Jianjun and others.But we must find out the problem, even if it is a subtle flaw.In contrast, it is less important to see an increase in costs in the short term.Wei Jianjun chatted with Xiao Bai for an hour, and his heart was much more comfortable.He didn't mean anything else when he said this to Xiao Bai, he just wanted to find someone to talk to.The results of this trial production made Wei Jianjun, Liang Jinsong and others not very good.But we must also calm down and investigate the source of the problem from the beginning, so that the localization of the company's 14N production line will be delayed for a while.However, fortunately, the company still has several original 14N production lines in stable operation, which can basically meet most orders from key customers."

What a good thing!"

After Xiao Bai ended the call with Wei Jianjun, he couldn't help muttering.However, he can't say how disappointed he is, the localized 28n production line has been successfully mass-produced, and the pressure on the IC manufacturing of the times has been reduced by more than half.Wei Jianjun: They still have the capital of trial and error."

Dong Xiao, Mr.

Liao called you."

Xiao Bai then began to deal with the work at hand, and after a long time, Tong Wanqing quietly walked in and said that Liao Hongxing had called him.Xiao Bai raised his head and reached out to take the phone."

Mr.

Liao, how are you doing?""

What else can I do?

I can't die for the time being, but I can't live well, so I just keep breathing.Xiao Dong, don't talk about that, if you are free these days, I want to treat you to a meal. ”Liao Hongxing called, but he didn't plan to complain to Xiao Bai.Now he is accustomed to a life of joy and suffering, and the company is in a much better situation than expected.What else is he not satisfied with?"

Invite me to dinner?

No problem, no problem.Why don't you wait for the weekend?

I'm going to Xiangjiang on the weekend, and we can meet in Xiangjiang. ”Xiao Bai smiled and agreed.At present, Liao Hongxing is also tightly tied to the times of himself and his company.Everyone is trying to survive in the cracks, and it is a normal choice to stay warm in a group.Liao Hongxing needs the IC manufacturing capabilities of the Times Department and the supply of key components for mobile communication products.The era department also needs a large number of orders from Liao Hongxing, and the warming up of the relationship between Xiao Bai and Liao Hongxing is a natural thing."

Okay, then I'll see you in Xiangjiang on the weekend!

I'll get back to you then. ”Liao Hongxing was verbose and soon hung up.Weekend.Xiao Bai had dinner with Liao Hongxing in Xiangjiang, and Lin Jiadong and Zhang Yilin also came, obviously Liao Hongxing took the initiative to invite them."

You mean you want to conduct a round of private placement?

Mr.

Liao, I won't tell you, it's really not suitable for me to participate.Listen to my explanation, whether it is Times Communications or Times IC manufacturing, it is not suitable to contact downstream partners too closely.I say that, you can understand it, right?

”At first, everyone only talked about some inconsequential topics at the wine table, and after a few people had a little bit of alcohol, Liao Hongxing said that he wanted to carry out additional issuance.He hoped that Xiao Bai's Department of the Times would actively participate this time.Xiao Bai has already made up his mind about this matter and will not directly participate in Liao Hongxing's company.Therefore, he did not dodge either, but directly stated the reason."

It's still the damn principle of fairness, isn't it?

Come on, Xiao Dong, you just didn't say anything about it.In addition, I also have a reluctant request, I am very interested in Times Communications, or you will also engage in a wave of additional issuance, I want to take a part of the equity appropriately. ”The look of disappointment on Liao Hongxing's face was obvious.But then he mentioned another thing, he said that if he wants to participate in Times Communications, the conditions can be opened casually, as long as it is not too excessive, he can accept it.Xiao Bai found out that Liao Hongxing proposed to let the Times Department participate in his company's additional issuance, which was a pretense.Its real purpose is to take a stake in Times Communications.Of course, the other party will definitely not have the intention of controlling Times Communications, and the equity participation he said is literal, and the equity ratio will not be high."

Hmm......

Let's talk about that. ”It stands to reason that Xiao Bai should refuse, but he became very interested in Liao Hongxing's true thoughts.However, this is not a good time to talk about this matter, so Xiao Bai turned this topic away."

Mr.

Liao, if you want to do an additional issuance, I may be able to help.Now let's continue drinking, and we'll talk when you come back to my office. ”Lin Jiadong had some ideas about Liao Hongxing's company's additional issuance, so he said with a smile.Zhang Yilin didn't go to join in the fun, but kept pushing the cup and changing the cup with Xiao Bai, and chatted about the recent investment trend.Although Liao Hongxing regarded his company's additional issuance as an investment, this matter is real.He raised his glass and touched Lin Jiadong and received the other party's favor.After eating, a few people went out to entertain again, and they did not part until after eleven o'clock in the evening.Following.Xiao Bai happened to be having lunch when he suddenly received a call from Qi Yuefeng."

Xiao Dong, another domestic communications giant, asked someone to bring me a message, and the other party is very interested in our company and intends to inject some funds into our company."

Qi Yuefeng is talking about another communications giant in addition to Liao Hongxing's company.The relationship between this company and the Times Department is relatively estranged, and there is no personal relationship between the top management.As a result, something big happened, and I had to let people talk first."

I said why did Mr.

Liao suddenly remember to invite me to dinner, it turned out to be like this.Mr.

Qi, Mr.

Liao also said that he wanted to participate in Times Communications when he was drinking last night, it seems that these two giants have this idea, and I am afraid that they have let out a little rumor. ”Xiao Bai then said his judgment, Liao Hongxing probably knew about the plan of the other giant, so he simply looked for himself first.The only reason they do this is for the sake of their own security of supply."

Haha, I said.Xiao Dong, in fact, this matter can be considered.The two of them want to form a stronger business relationship with us, and from my point of view, why not?

After all, they are all key customers of the company. ”After hearing this, Qi Yuefeng felt that this matter could really be there.Interests are mutually reinforcing, and a stable alliance relationship is not only beneficial to the two giants, but also to companies such as Times Communications.If it can be negotiated, it can be regarded as a win-win situation."

Well, I'm thinking about it."

Xiao Bai didn't say anything right away, and ended the call immediately.Monday.Xiao Bai came to the office in the headquarters park, and soon after sitting down, Qi Yuefeng walked in.Xiao Bai called Juwenson again, and the three of them had a small meeting in the small reception room."

Mr.

Qi, I thought about it for a while and decided to adopt your suggestion and talk to the two giants at the same time.Mr.

You, you have to be in charge of the work of the negotiation team in this negotiation. ”Xiao Bai decided to contact the two giants at the same time to see what conditions the other party had, and whether they could accept the conditions offered by their own side, etc."

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Xiao Dong, I have an opinion.The principle of our negotiation must be determined first, and the two giants participate in Times Communications at the same time, how many shares can be given out at most?

Will the shares that can be obtained by the two be the same, or will there be a gap?

”Juvinson quickly got into the groove and asked a series of questions.Then the three of them began to discuss.At noon, the three of them went out to eat together, and continued to discuss in the private room.By the afternoon, all the principles of the negotiations had been finalized.First of all, the shares that Times Communications can allocate to the two giants are no more than 10% of the total share capital, and the shares are average, which means that the shares that the two giants can obtain are the same.Second, the Times Department asked for a 3% stake in each of the two telecommunications giants.The market value and scale of the two giants are larger than that of Times Communications, and Xiao Bai is not too much, only symbolically asking for 3% of the equity of each company.There is no equity exchange between the two parties, and all of them are in the form of cash and equity transactions.Finally, the company that represents the two giants in which the Times Department has a stake is Times Technology Group, not Times Communications or Times IC Manufacturing."

Dong Xiao, then I'll go back with Mr.

Qi now and start forming a negotiation team immediately."

Juvinson has always been a vigorous and resolute style of doing things, and after the principle issue was finalized, he immediately went to Times Communications with Qi Yuefeng.The negotiation team is headed by Juwenson, and the team members will be drawn from Times Communications and Times Technology Group.After the two left, Xiao Bai called the members of the decision-making committee to inform him of the incident.Xu Changqing was happy when he heard it: "Dong Xiao, you still like to be balanced!"

However, it is also true that for the two giants, the equity they hold in Times Communications is the same, which is the greatest fairness. ”Actually, Xiao Bai also officially considered this.In the past, he was reluctant to participate in Liao Hongxing's company, wasn't he worried that another giant would have ideas?

Now everyone is still on the same level, fair and reasonable.In this way, the two giants do not have to worry about who the era system will favor.When everyone is unanimous with the outside world, they can huddle together to keep warm, and when the two giants compete, the Times Department will adopt a neutral attitude, and no one will be offended.Of course, Xiao Bai didn't know if the two giants would agree.However, Xiao Bai didn't care very much about it.Anyway, they brought up this matter first, and if they don't agree, forget it.As a result, Juvinson led the team and made contact with the two giants at the same time.Neither side showed obvious resistance, but began negotiations very seriously.Xiao Bai didn't continue to care about this matter, he had other things to do.While Juvinson and others were engaged in multiple rounds of negotiations with the two telecommunications giants, Xiao Bai and Luo Yonglin came to Penang, Malaysia."

Huang Dong, I still ask your driver to pick up the plane in person, hard work!"

Xiao Bai and Luo Yonglin walked out of the terminal and saw Huang Mingxuan waiting.Huang Mingxuan is now close to the Times Department, with business all over Malaysia and the mainland, and has complete control over the resources of the Huang family's wealth."

Xiao Dong, you don't have to be polite between us, right?

Two, let's get in the car first, and I'll give you a detailed introduction to the situation later. ”Huang Mingxuan laughed, asked people to settle the luggage of Xiao Bai and his party, and then the convoy left the airport.This time I came to Penang because Huang Mingxuan was matched, and Xiao Bai planned to acquire a local packaging and testing company in Penang.In recent years, although Malaysia's packaging and testing industry is no longer as prosperous as it was back then, it still retains considerable strength.The company introduced by Huang Mingxuan is actually quite famous in the industry, but it wants to sell it for other reasons."

I am very familiar with their largest shareholder and the actual controller of the company, Mr.

Sun Xiaocai.So, when I heard that he wanted to sell all his shares, I thought of Mr.

Luo's AUO Technology, after all, AUO Technology also has a packaging and testing plant in Penang. ”Huang Mingxuan talked more carefully to Xiao Bai and Luo Yonglin in the car, after all, some things were not clear on the phone.Sun Xiaocai wanted to withdraw from the company for personal reasons and had nothing to do with the company's fundamentals.Huang Mingxuan can guarantee this.