Chapter 650 Tender Offer
Chapter 650 Tender Offer
"What do you think? Dong Li, I still appreciate you as a person, let's talk about something else. Nikon wants to exchange technology with us, do you know about this?"
Hu Yang didn't want to discuss the contradictions between several major shareholders with Li Qi, and Li Qi couldn't intervene in this kind of thing.
So he shifted the conversation to Nikon.
During this period of time, Yang Hu has also called several times to ask about this matter, but Hu Yang has never expressed his position.
Li Qi happened to come to the door today, and he casually mentioned it.
"I've heard a little about this, but the other party hasn't officially come to talk to me. Since Mr. Hu said so, it should be true. If you want me to say, this matter can be discussed. The problem is, my words don't work, and in the end, it is up to you to decide on a few major shareholders. ”
Li Qi spread his hands and expressed his dissatisfaction.
The scope of his authority as the chairman of the board of directors is limited, and he can't decide this kind of thing on his own.
"Dong Li, why don't you talk to the other party first? In the past two days, I am going to visit Director You, and there are some things that should be explained clearly in person. ”
Hu Yang understands Li Qi's difficulties, but he will not make unprincipled concessions because of Li Qi's face. There is one thing that he has always made very clear, Director You is Director You, and the magic capital is the magic capital state, but now he can't get around Director You as an agent for the time being.
"That's fine, I can get a look at Nikon's asking price first. Mr. Hu, in fact, it's good that you really have a way to acquire microelectronic equipment, at least the company still has a hope. ”
Li Qi didn't stay long in Hu Yang's place, and sat for less than an hour before leaving.
Hu Yang actually admires Li Qi a person, but now he can't give the other party full trust.
Trusting this thing takes time to verify, and it's not something that can be given away arbitrarily by wishful thinking.
He needed to look at it again.
"Assistant Wu, you can help me make an appointment with Director You to see if he is free tomorrow or the day after tomorrow, I want to visit him. ”
Now that the fangs have been bared, there are some things that should be discussed in person.
In any case, the magic capital is still an object that can be fought for. To be honest, in his heart, he has always been wary of Summit Capital.
Taking advantage of the gap between Wu Xinhui and the state-owned assets of the magic capital, he personally replied to Yang Hu, saying that he could let Nikon send someone to talk to Li Qi first. If the situation is good, several major shareholders of the company will come forward.
Yang Hu didn't object, as long as this matter was moved.
Anyway, the final result must be confirmed by the board of directors, and Li Qi will not be able to play tricks in this matter.
"Mr. Hu, Director You said that he will wait for you in the office at 10 o'clock tomorrow morning. ”
Wu Xinhui communicated with Director You's secretary very smoothly, and when she set a time to meet, she hurried to tell Hu Yang.
"Well, I see, remember to remind me tomorrow. ”
Hu Yang nodded and sent Wu Xinhui away.
He had a feeling that Director You was also anxious to see him. The current situation of microelectronic equipment is very bad, and if we don't come up with a plan, this company will basically be cold.
Hu Yang pressed down the chaotic thoughts in his mind and began to deal with official business. He also has a lot of daily work, and there are many things that he needs to sign and approve in person, so he can't be lazy.
This is still the result of the secretary team and the assistant team, who have already helped him sift through the results.
Hu Yang was working here, and Yang Hu put down the phone and told Wu Zunyou the news that Hu Yang finally nodded.
"This poplar is really difficult to deal with, I urged him many times, and he finally spit. Let's go back and let Nikon send a representative to talk to Li Qi, hoping that there will be a result as soon as possible. ”
Yang Hu and Wu Zunyou have completely lost their minds to the current transfer of shares. In the past two days, the stock price of microelectronic equipment has fluctuated around 12 yuan, even if someone takes over, what kind of price can it be sold?
"Mr. Yang, I'll go and say hello to them from Nikon. Anyway, they are also in a hurry, if they can negotiate, it will definitely be a great benefit to microelectronic equipment. ”
Wu Zunyou was very happy, his plan was actually very simple and there was no conspiracy.
In this way, he wants to pull up the stock price of microelectronic devices.
He and Yang Hu have decided to admit compensation, but how much to lose is a technical job, so let's try to reduce it as much as possible.
The three major shareholders, each with their own calculations, have become increasingly dangerous in the situation of microelectronic equipment.
Following.
Hu Yang smiled as if nothing happened, and came to Director You's office on time.
"Mr. Hu, you are a rare guest, let's go to the reception room to talk. ”
Director You was very polite, took Populus Hu to the reception room, and asked the secretary to make a pot of good tea and serve it.
"Director You, this tea tastes really good!"
Hu Yang took a sip of tea and sincerely admired.
"I'm here today because there are some things I want to discuss with you, Director You. On behalf of Bolong Optics, I intend to make an offer to Modu State-owned Assets to acquire a portion of your equity interest in microelectronic devices. ”
Director You originally thought that Hu Yang would slowly cut to the point, but he didn't expect that people would go straight to the point as soon as they sat down. He had never heard of anything like this before.
Of course, microelectronic devices are not strictly state-owned enterprises in the true sense of the word, not even state-controlled enterprises.
At best, Modu State-owned Assets is the largest shareholder of microelectronic equipment, holding far less than 50% of the shares.
"Mr. Hu, it's not me who refutes your face. In the matter of microelectronic equipment, the city has long had an argument, the enterprise is the key enterprise in the city, and the equity of state-owned assets will not be moved easily. ”
Director You smiled bitterly, if he could really sell it for a good price, even if he was scolded, he would have to find a way to sell part of the equity in his hand.
But now the company's stock price is sluggish, basically maintaining a narrow range of 10 yuan to 12 yuan. Even if Bolong Optics is willing to pay a high price, how much can it get?
He knew that Bolong Optics had acquired a little equity from a small shareholder and gave a price of twice the net worth.
However, on the one hand, it was because the company's stock price had not fallen so badly, and on the other hand, after all, the total number of shares was only 6.6 million shares, which was relatively small.
If Director You dares to sell a part of his equity at a low price, he will have to bear the responsibility for the loss of assets, and he will not dare to do so if he borrows his courage.
"Director You, think about it again? Or do you communicate with the city? I am officially making a tender offer to you today, don't be in a hurry to reply first, I can wait a little longer." ”
When Hu Yang came to see Director You today, he didn't have much hope. However, it is necessary to go through the motions, after all, before Director You, the cooperation between him and the state-owned assets of the magic capital was still very good.
Director You nodded helplessly and took over the tender offer documents.
Then, the two chatted a few more words, and Hu Yang got up to say goodbye.
"Mr. Hu, Mr. Yang has replied, after you are busy here, he will go directly to the investment building to see you. ”
After getting into his car, Wu Xinhui told him about the contact with Yang Hu just now.
"Okay, then let's go back to the office immediately. Assistant Wu, please inform Mr. Yang. ”
Hu Yang's body leaned back and motioned for Wang Cheng to set off.
He worked tirelessly, just to tear a hole in the magic capital state-owned assets and peak capital.
An hour later.
Hu Yang was in the small reception room and met Yang Hu.
"Mr. Yang, this is my tender offer proposal to you. I'm going to take a stake in microelectronics and thus bring the company out of the quagmire. ”
In front of Yang Hu, Hu Yang was not modest and looked full of confidence.
Yang Hu glanced at Hu Yang with some suspicion, picked up the information from the tea table and flipped through it.
In fact, since Bolong Optics raised its name in the secondary market, Hu Yang's acquisition ambition for microelectronic devices has been completely exposed.
This is that microelectronic equipment has just been listed, and there are too few outstanding shares in the market, otherwise Populus euphratica will not hesitate to take over even a hostile takeover.
"Mr. Hu, they are all people who understand, I will say it directly if I have something to say. If you want to acquire the equity of microelectronic equipment held by Summit Capital, there is no problem. The question is, what kind of price can you offer?"
After reading the information at a glance and ten lines, Yang Hu smiled at Hu Yang.
Do you want to buy a stake in us? Yes, as long as the price is right.
"Mr. Yang, it's not interesting to say that. Didn't you plan to transfer your equity in microelectronics to Nikon? Let's talk on this basis, and don't ask for a lot of money, and be careful to scare me away. ”
Of course, Hu Yang will not spend 10 billion yuan to acquire this part of the equity, there is a way, this time and that time. What was the situation with microelectronics back then, and what is the situation now?
At the beginning, Wu Zunyou and others confidently invested in microelectronic equipment, and their minds were full of subsidies of 100 billion yuan.
Later, although the subsidy was not taken, it was also listed as scheduled.
If there is no sudden suppression in North America, the company's performance will not be too bad, coupled with the peak capital casually hyping a theme in the market, the stock price of microelectronic equipment can easily pull up to 200 yuan.
This stock price is too expensive? Please, the company can implement a large proportion of shares. You can also carry out additional issuance, and you can even unite with other institutions to do a wave of market, how can you at least double the earnings!
But now, under the suppression of North America, the supply chain of microelectronic devices has been cut off. No one in the market is optimistic about the company's prospects anymore, and the stock price is lower than the price of cabbage.
At this time, whoever pays a high price is a fool!
"Mr. Hu, we also need to discuss this matter internally. Well, I'll get back to you in three days. In addition, I hope that the technology exchange with Nikon will not be affected by these things, because it is good for the company. ”
Yang Hu didn't show much resistance, but said that it would take three more days to think about it.
For three days, Hu Yang could still wait, and he immediately opened his mouth to agree.
"Mr. Yang, then I'll wait for your good news. Nikon is still in contact with Li Dong, and the specific situation has not yet been fed back, if I can negotiate, I will not interfere with it. Rest assured. ”
The exchange of technologies is normal, as long as both parties feel that they are not at a loss.
What's wrong with the double workbench? ASML has been there for a long time, microelectronics is the second, and now it doesn't matter if there is one more Nikon.
The key is for Nikon to show sincerity, and the technology used for exchange must be something that is not available in Japan and is urgently needed by the company.
"Okay! I like people who are happy to do things. Then I'll go back first, discuss it with them immediately, and I'll let you know as soon as there's any news. ”
Yang Hu immediately left, everything that should be said was said, he and Hu Yang had no friendship, and they couldn't find a topic if they wanted to chat.
Coming out of the International Building, he went directly to Wu Zunyou.
"Bolong Optics wants to eat microelectronic equipment! But it's normal, the other party's strength is very strong, and it has just received a huge subsidy, and it is an inevitable choice to achieve unconventional development.
Mr. Yang, what do you think? Can we raise the price a bit?"
Don't look at the tradable shares on the stock market are not worth much, they are only about ten dollars a share.
However, there are only 80 million shares outstanding, and almost half of them have been bought. If you want to acquire microelectronic equipment, you can only focus on the magic capital state-owned assets and peak capital.
The problem here seems complicated, but to put it bluntly, it is nothing more than a matter of supply and demand.
However, Peak Capital wants to use this to blackmail Populus euphratica, but it may not be effective. It's a big deal that Hu Yang gives up the acquisition, and in the end, the equity of the microelectronic equipment held by everyone is worthless.
Yang Hu shook his head slightly, and said: "I'm afraid it's difficult to raise the price, Hu Yang just said, it can't go beyond the scope of the agreement we reached with Nikon." If it's a sky-high price, there's a good chance that guy will retreat. ”
"It's really embarrassing!"
If it was before Nikon proposed a technology exchange, Wu Zunyou would happily agree to sell all the shares of the microelectronic equipment he held at a price of 5 billion yuan.
At that time, the company could no longer see any hope, and if it continued to wait, it would only lose all its money.
But with Nikon's bait, Wu Zunyou will inevitably have some ideas about the market outlook. Nikon promised to supply the company, they have their own technology, although it is a little behind the North American technology, but the problem is not too big.
Once the production problem is solved, Wu Zunyou believes that the stock price of microelectronic equipment will recover to a large extent. Although it may not be able to fully recover the cost, it will not lose half of it.
"Mr. Yang, I suddenly had a new idea. Let's not change the plan, you go and talk to Hu Yang, how about we use this part of the equity as collateral to borrow from him?"
After thinking and meditating, Wu Zunyou had a whim, and he had a good idea.
"Mortgage share loan?Mr. Wu, what people want is control of the company, and it doesn't appeal to you to do this, right?"
Yang Hu thought about it, but still felt that this plan was unreliable.
According to his idea, if he holds this part of the equity of microelectronic equipment, he will either cut the meat and sell it, or grit his teeth and give himself a hope. What the hell is a mortgage?