It will take some time for the United States to do so, and the acquisition of Converse is already going through the process, and Wang Haoan has also negotiated a loan of $500 million with JPMorgan Chase Bank.

The loan was used to acquire Converse and maintain the company's operations, including advertising, new factory construction, technology research and development, debt repayment, etc.

What interests Wang Haoan the most is technology research and development and the construction of new factories.

In terms of technology, Wang Haoan's plan is to license some of Converse's mature technologies to Li Twist Company. On the one hand, you can receive an authorization fee to relieve the company's financial pressure, and on the other hand, it can also help the development of the company.

Li Twist Company suspended the research and development of some technologies, and Wang Haoan will continue to invest in the semi-finished products of these research and development in the name of Converse, so that those researchers can continue to develop successfully.

As long as the finished product is produced, the original investment in research and development can be earned, otherwise all the previous investment will be wasted.

Doing technology research and development is always like this, which burns money very much, but once the research and development is successful, it can create several times or even dozens of times the profit.

During this period, the initial R&D companies often do not have enough funds, and they need to continue to attract investment and seek financing. Sometimes the first round of funding is over, and soon the second round of funding begins.

But financing should also let the investor see the prospect of successful research and development of this technology, and let the investor see the process of your research and development.

Luckily, after several rounds of financing, the product was successfully developed, and those investors could also get a lot of returns. Unfortunately, after several rounds of financing, the money is still not enough, and the new investors believe that if it is not worth their investment, the company will go bankrupt because the capital chain is broken.

After bankruptcy, the technology with good luck can be sold and some compensation will be given to the investor, but if the luck is bad or the progress of research and development is poor, it will not be sold at all, and everyone will lose money.

In history, there are many people who have invested half of their money, stopped investing, and as a result, they were successfully developed and made a lot of money after being taken over by others.

Some people are lucky, but most of them are well thought out, and even have a certain gambling component. Those who invest in technology research and development are venture capital, and the risk is too high.

I don't know if you have a few rounds of financing, and you see that you are about to succeed, but someone else first successfully developed it and then applied for a patent, and all your previous efforts have come to naught.

If you come from behind, the investors will be happy.

Wang Haoan knew that the sports research centers that Li Twist had invested in the mainland had no problem with some of the directions they were researching, and their application prospects were also very broad.

Some are still in the theoretical stage, while others have already developed finished products, but they have not been able to control costs.

The production cost of a pair of shoes is tens of thousands of yuan, how many people will buy them? How many professional athletes can buy, and most of the people who buy shoes are ordinary people, sports enthusiasts.

What can make professional athletes feel good and the price is acceptable to ordinary people, this is the successful technology.

"Mr. Li, the R&D that Li Twist Company has stopped, sell it to me now, I have acquired two sportswear companies in the United States, and I can also license the technology to Li Twist Company when I turn back. ”

At this time, Li Twist is preparing to build a sports goods sales company, and intends to act as an agent to sell sports products, making it the largest in China, which is also of great benefit to the development of Li Twist Company.

It's a pity that you need a lot of money to get this sports goods sales company. Most of the stores of Li Twist Company are actually not too big, mostly thirty or forty square meters, and they can't put the products of other companies at all.

And to have a general sporting goods store like the one he saw in the United States, he had to get at least one floor in a big shopping mall, and the rent alone was not a small amount.

But you don't have this venue, and those big companies won't hand over the agency to you, let alone let you become the general distributor, after all, those sports goods companies are also in competition with Li Twist.

The only advantage of Li Twist Company is that it has the best distribution channels in China, which is unmatched by any other company. But it is not enough to have a channel, he needs a storefront, and he needs a good sales model to impress other companies.

In the United States, there are some sports stores that have their own brands, but they basically only sell their own brands and do not represent competitors' products.

Li Twist wants to make a new attempt, which is very risky, but once it succeeds, Li Twist Company can control the entire Chinese sporting goods market.

At this time, Wang Haoan said that he wanted to acquire some of the technical research that Li Twist had invested in, which would allow Li Twist to have a lot of money back to the company, which was very urgently needed by Li Twist, and even Li Twist thought about continuing financing.

"Mr. Wang, of course I am willing to do this, but I still have one more thing I want to discuss with you, Li Twist Company has decided to make a sports goods store, and there is a big gap in funds. ”

"I'm going to take out a loan from the bank and then get a few friends to get financing. ”

"Mr. Li, just find someone else for financing. If the company is short of money, we can continue to inject capital. Wang Haoan directly rejected the proposal.

If he asks someone else for financing, then won't his shareholding ratio be reduced? He helped the development of the Li Twist movement so much, but he didn't want to give the money to too many strangers.

"Mr. Wang, what about the company's preparation for listing? We have discussed this before, and I want to advance it. "Li can only change one direction.

"Now that the stock market in Xiangjiang has not yet recovered, have you ever thought that the market would fall below the issue price at the opening? and how many people would be willing to buy the shares of Li Xuan's company?"

"If you are in the mainland, how much financing can you have? Of course, if you insist on going public, I won't stop you, but Li Twist Company may suffer a loss. ”

If the same stock can be sold at a higher price in a year or two, why should it be sold at a loss now? A decline in stock prices and a decline in market value will also have a significant impact on mortgages.

Li gritted his teeth: "Mr. Wang, then I have one last plan here, I don't need you to inject capital, and I don't need to go public for financing, the company can also raise enough funds." ”

"I want to sell some of the directly operated stores of Li Twist Sports and sell them to those franchised dealers, and in the future, the direct stores of Li Twist Sports will only have general sports stores!"

This is the last resort of Li Twist, and the value of those directly operated stores is not low, and many dealers are interested. It's just that in this way, there will be no way to check and balance those dealers in the future, unless the sports goods store grows to a certain size.

Wang Haoan frowned: "Are you sure?"

"This is my last plan. ”