Li Canghai asked, "Did he agree? Have you talked to him?"

Long Suqin nodded and said, "Don't worry about it so much, just go with your parents, Lan Lan has to make up for class today, and if he doesn't come back, just the three of us." ”

Li Canghai looked at his father Li Tianran, and Li Tianran also showed joy, obviously things had taken a turn for the better.

Li Canghai got into the car in disbelief, and he really couldn't figure out what kind of medicine was sold in Shen Guangxu's gourd, but he didn't know that Shen Guangxu only found out after reading Pangea's financial report and related patented technical information that Pangea was really a very potential company, but the founder knew almost nothing about financing and had no way, so it reached the point of financial difficulties.

What makes Shen Guangxu even more pleased is that the capital of Pangu Biology is not large, the annual sales are only more than 30 million, and the fixed assets are not much, and all of them are only more than 20 million, but the real value is the patents and technologies of Pangea Biology, several of which are at the leading level in China;

came to Xu Peifang's house again, this time Shen Guangxu was much more enthusiastic than last time, but Li Canghai obviously felt that there was a trace of confidence and pride hidden behind that enthusiasm, as if he was saying: "I will eat you." ”

Shen Bing brought a pot of watermelon from the kitchen and put it on the coffee table, and said enthusiastically: "Uncle and aunt, please eat watermelon." ”

Li Tianran was flattered and a little at a loss.

After greeting for a while, Shen Guangxu picked up the folder brought by Long Suqin and put it in his hand, and turned it carefully page by page, frowning slightly as he turned it, which made Long Suqin and Li Tianran feel a little uneasy.

After reading for about ten minutes, Shen Guangxu closed the folder again, put it on the table, and said with some embarrassment: "Although the company's fundamentals are good, cash flow has always been a big problem, the R&D cycle is too long, the investment funds are insufficient, and the problem of business model has led to the long-term high uncollected, and the company's volume is too small for pharmaceutical companies and its competitiveness is insufficient, so as a well-known domestic investment institution, our company has clearly replied that it is not considering intervention." ”

How can Shen Guangxu's little trick of wanting to capture and indulge in the past be hidden from Li Canghai, who is more than 200 years old, Li Canghai knows that Shen Guangxu just wants to suppress the price and exchange more shares with the least money, if there is really no hope of investment, then why do you call Long Suqin and Li Tianran to come over? But Li Canghai will not expose it, after all, his identity is only a sophomore student, and he is not easy to participate in many things in front of his parents, so he quietly watched Shen Guangxu perform.

Seeing that Li Tianran and Long Suqin's faces gradually became solemn, Shen Guangxu said again: "But based on the relationship between the two of us, your company is in such a difficult period, and I can't say anything if I don't help, so I decided to invest in your Pangu biology in my private name, let's negotiate the ratio of capital and share replacement today, I want to hear the thoughts of you and your husband first." ”

These things are basically Long Suqin's decision, so Long Suqin thought about it and said: "I refer to the practice of financing in the same industry, according to the price-earnings ratio multiplied by the company's profit in the next 12 months, the company's average annual profit is 5.3 million, I estimate that it is 53 million according to the lowest price-earnings ratio of 10 times, and the funds we need are 5 million, so the corresponding shares are 9.4%. Mr. Shen, you think it's still suitable. ”

Shen Guangxu smiled and said: "Suqin, you also study finance, you must know that your set is a valuation method for listed companies, your company is not a listed company, and the volume and comprehensive indicators are far from meeting the standards of listed companies. ”

Long Suqin asked, "What does Mr. Shen mean?"

Shen Guangxu said unhurriedly: "Normally, there are four valuation systems for traditional companies like yours, the asset valuation method, the cash flow discount method, the market comparison method and the option value evaluation method;

Long Suqin frowned and asked: "Mr. Shen, how do you plan to evaluate it, it is better for you to say it directly, everyone is a friend, and there is no need to bend around, even if the business is not in our affection, it doesn't matter." ”

Shen Guangxu nodded and said: "I looked at the financial statements of Pangea, excluding all expenses, accounts payable and borrowed funds, the company's fixed assets are 18.97 million, to be exact, 18976542.5 yuan, this number is correct, right?"

Long Suqin nodded.

Shen Guangxu continued: "I compared the valuation methods of pharmaceutical companies of the same size in the same industry with reference to the market comparison method, combined with the company's assets, and added 5 million to the total value of 23.97 million, we will count it as an integer, take 24 million, what do you think?"

Long Suqin frowned, looked at Li Tianran, Li Tianran looked a little unhappy, Long Suqin turned around and said: "Mr. Shen, you only counted the company's net assets, and the company's brand and intangible assets related to R&D patented technology have not been accounted for, so the value of our company is greatly underestimated." ”

Shen Guangxu said quietly: "IMHO, the brand value of Pangu Biotech cannot be evaluated at present, because there is no real brand effect, and as for patents and technologies, there is no way to quantify them.

Long Suqin lowered her head for a long time and did not speak, the appraisal price of 24 million made her really unacceptable, far lower than her psychological expectations.

Shen Guangxu smiled and said: "Suqin, your company also has a shareholder named Song Siming, I read the information if I remember correctly, his shares account for 37.9% of Pangea, right?"

Long Suqin nodded, not knowing what Shen Guangxu's intention was when he said this.

Shen Guangxu continued: "As far as I know, he is responsible for the marketing and management of your company, right?"

Long Suqin still nodded.

Shen Guangxu said pointedly: "One of you is in charge of technology and the other is in charge of finance, logically speaking, there should be no problem, but the actual situation of many companies cannot be fully displayed in the financial statements, for example, you only see the numbers of your outstanding accounts and inventory, but you don't know that there are more than five million shortfalls and false reports in it, and the real shortage of funds in your Pangu biology is far more than the five million you said." ”

Long Suqin and Li Tianran were taken aback, and Long Suqin asked in surprise, "Why did Mr. Shen say that?"

Shen Guangxu leaned back in his chair proudly and said noncommittally: "I have been engaged in the investment industry for 20 years, I can say that I have been in contact with any kind of company, and I have also studied, before investing in a company, I must do an accurate and all-round investigation, my professional and network resources ensure that my investigation results will not be wrong, if you don't believe it, you can call the scene to verify a few numbers, I have circled it with a red pen on the report you gave me before, you can take a good look." ”

After speaking, Shen Guangxu took out a folder from his briefcase and handed it to Long Suqin, Long Suqin turned the folder carefully page by page, picked up the folder, walked outside and made a few phone calls.

After a while, Long Suqin walked back with a stern expression, and Li Tianran asked eagerly, "How about Suqin?"

Long Suqin said: "I have verified, and it is true that the deficit is more than five million, and I trust Song Siming too much, so I only checked the data and never went to the warehouse and the customer to verify the specific situation." ”

Long Suqin's voice trembled, it was obvious that things were much worse than she had imagined, and she tried her best to restrain her emotions.

Li Tianran sighed and shouted: "It's a shame that we trust him so much and make such a big loophole, how can this be good!"

Li Canghai now finally understands the reason why Song Siming betrayed his father Li Tianran in the previous life, and he also admires this Shen Guangxu's ability and efficiency, but he is extremely disdainful of his schadenfreude and downhill style.

Shen Guangxu continued: " You two, you have no sense of prevention, the company will be dragged down sooner or later, another thing, Song Siming controls several shell companies outside as suppliers of Pangea, and has reaped a lot of benefits from it, and what's worse is that Song Siming has several loans outside, the amount is about three million, all of which are guaranteed in the name of Pangea, and all the loans have the official seal of Pangea and the signatures of Chairman Li Tianran and Financial Director Long Suqin, these loans will expire soon, and now Song Siming is seeking short-term loans everywhere in Shenhai City, and the promised interest is also very high, I won't say much about the risks here, Suqin, you are a financial background, you know the consequences inside!"

Long Suqin and Li Tianran couldn't control it anymore, and collapsed on the sofa, not knowing what to do for a while.

Xu Peifang looked at Shen Guangxu anxiously and said, "Old Shen, don't talk about some useless things, you have to help Suqin, otherwise the hard work of the two of them for more than 20 years will be ruined." ”

Shen Guangxu sighed and said: "The most important thing is that these things are not solved as soon as possible, once something happens, all the responsibility and guilt will fall on the heads of Tiantian and Suqin, it is not just a matter of money." ”

When Long Suqin heard this, the defense line in her heart completely collapsed, she looked at Shen Guangxu anxiously and said: "Mr. Shen, I know the seriousness of the consequences, this is a sentence that needs to be sentenced, you have to help me and my Lao Li." ”