Chapter 500: Goldman Sachs Quote

Hu Yiting was surprised when he heard this, he knew that the new project Chai Songyue said must be referring to the MP3 plan that is currently in full swing, Luo Zheng has already discussed with the local authorities in Puhai, and intends to settle the MP3 factory in Pudong in the shortest possible time, but how could the news leak so quickly?

"What do you mean by MP3?"

"Yes, it's this MP3, I heard that it's a new product of Chongguang, and it's a new invention like a repeater?"

Hu Yiting looked at Wu Hengyuan in surprise, Wu Hengyuan was also a little panicked, and hurriedly asked: "How did you know about this project? ”

Deputy Provincial Governor Chai laughed: "I also heard what others said, and I can't betray others who it is, but since there is this project, can you consider Hangzhou?"

Wu Hengyuan quickly explained: "The MP3 project needs to use a large amount of flash memory, so I plan to rely on the construction of a wafer factory in Puhai to save transportation costs." ”

Vice Provincial Governor Chai waved his hand again and again: "How much is the cost of chip transportation, it is enough to pull a truck for a month, the Shanghai-Hangzhou Expressway has already been opened, as long as you agree, I will immediately fight for you, so that all transport vehicles in Chongguang will be exempt from high-speed tolls, and you can also give another traffic subsidy, in short, you will not suffer a loss!"

Hu Yiting was silent on the surface, but in his heart he was annoyed by the leakage of the MP3 project, and after a moment of thought, he said to the vice governor of Chai: "Since the province of Chai is so enthusiastic about you, let me call Luo Zheng, the president of our consumer electronics division, to see what he has to say." ”

Deputy Provincial Manager Chai was very appreciative of Hu Yiting's vigorous and resolute work style, and said yes in a row.

Hu Yiting took out his mobile phone and called Luo Zheng, and scolded as soon as he opened his mouth: "Mr. Luo, tell me about it! How did you do it! I am now in Zhejiang Province and Chai Province to have a meeting, he asked me if the MP3 project can be settled in Hangzhou, you tell me, how did this matter leak the news!"

Luo Zheng was a little stunned, and hurriedly explained: "Mr. Hu, I am in Puhai, and the Pudong New Area Management Committee does not agree to allocate land for free now, saying that it wants us to submit the demand for industrial land and go to the auction to bid, and the city can refund us part of the fee as appropriate after the auction, so in the past few days, I have contacted the investment promotion offices of several cities around Puhai in Shanghai. Changshu is interested in our project, Kunshan said that their industrial development zone has an empty factory, and it can be rented to us now, no need to buy land, as long as we agree to it, we can move in directly. ”

Hu Yiting understood what was going on, turned his head and smiled at Chai Shengguan: "It turns out that you know it from Kunshan?"

Deputy Provincial Governor Chai smiled and snorted, and said in his heart that this Hu Yiting is young and does things directly enough, but this kind of straightforward person is beneficial, "I won't tell you, I heard from the people in Wuxi, don't blame me for asking about your business secrets, hehehe." ”

Hu Yiting said with a smile: "It's also your ability to inquire, Chongguang likes to stand with people who have the ability." ”

After speaking, Hu Yiting picked up his mobile phone again: "Mr. Luo, stop over there first, you hurry up and come to Hangzhou, I promised Chai Province to manage this project." ”

Luo Zheng panicked: "Mr. Hu, I have negotiated with Kunshan here, and I will go there tomorrow to see the factory, and their city leaders also helped us contact the local electronic technical school and talent market, saying that they can provide us with the first batch of training workers." ”

Hu Yiting said impatiently: "If you don't keep it secret, you will lose your ministers, and if you don't keep it secret, you will lose your body, your confidentiality work is not in place, what else is there to say, come over quickly!" After speaking, he hung up the phone directly.

"Chai Province is in charge, our Mr. Luo estimates that we will be able to arrive tonight. ”

Chai Songyue said with a smile: "Mr. Hu is quick to talk, and the character of our Zhejiang people is too similar, refreshing! Don't worry, I will never let you suffer, don't you want land? Puhai Xiaojia is not angry, we Hangzhou will give it, and you can choose the plot of land in Binjiang High-tech Zone." ”

Hu Yiting nodded: "Then we might as well be respectful, this project is very important, if there is no strong support from the government, I am not at ease." ”

Chai Songyue saw that Hu Yiting agreed, and knew that the matter had been finalized, and couldn't help but be overjoyed: "In this case, we have to celebrate today, you Mr. Luo will come over for about three or four hours, right? It's three o'clock...... Okay, I'll pick him up at night, hahaha. ”

After speaking, Chai Songyue instructed the secretary with great interest and asked him to notify the leaders of the management committee of the high-tech zone to come over at night to accompany him.

Ma Yun jokingly said to Chai Songyue: "Wu Yue fights, our Yue people have won another game this time, Chai Province cares that you really know our President Hu too well." ”

Chai Shengguan smiled brightly: "Yes, a small victory." You Hu always have a vision, you will not be wrong to invest in Hangzhou, we are outstanding people in Zhejiang Province, the market economy is developed, there are thousands of light industry enterprises, no matter what you produce, supporting is not a problem, and so you MP3 is produced, I must be the first to pay out of my own pocket to buy and use. ”

Hu Yiting nodded with a helpless smile, and asked Chai Shengguan: "Do you know what MP3 is used for?"

Chai Provincial Administration: "I don't know, I just know that this project is done for this." “

Hu Yiting was relieved: "Now I'm relieved, you scared me, I thought our product secrets had been leaked." ”

Chai Provincial Guan laughed: "I only heard that this thing is a new product, the new product is good, the more the better, the most welcome in Zhejiang Province is the new product, the more the merrier." ”

After speaking, he looked at Hu Yiting: "Mr. Hu, which one is better than your product and the repeater?"

Hu Yiting explained: "We have high hopes for this product, the repeater is mainly for the domestic market, and this product is for the international market, which one do you say is better?"

Chai Shengguan smiled: "Then I can pick up a bargain, I have to celebrate." ”

The atmosphere of the talks between the two sides became more and more relaxed, and then Chai Provincial Administration suggested that everyone go to Binjiang High-tech Zone with him to inspect the investment environment, so everyone followed him, and visited the development zone until the evening before leaving for the hotel, Luo Zheng arrived at half past seven when the banquet officially began, and then the guests and hosts enjoyed themselves.

The next day, Hu Yiting left Luo Zheng in Hangzhou to continue negotiations with the municipal government, and he took Ji Yingying and others back to the northern capital, because Goldman Sachs finally sent negotiators.

Goldman Sachs manager Alfred made a special trip to China to discuss the listing of Chongguang QQ, and Hu Yiting went to see him non-stop as soon as he got off the plane in Beidu.

In the luxurious suite of the Lufthansa Kempinski Hotel where Alfred stayed, Hu Yiting, Ma Huateng, Wang Lili, Ji Yingying, and Liu Renkuan sat on the sofa and started informal consultations with the three representatives of the other party.

Goldman Sachs Investment invested $10 million to account for 10% of the equity and two board seats, Vanguard Investment invested $5 million to account for 5% of the equity, Brown Financial Consulting invested $2 million to account for 2% of the equity, the latter two each accounted for a board seat, a total of eight seats on the board of directors, and the remaining four seats were appointed by Chongguang Group.

The three investment banks will act as joint sponsors to provide financial guidance to Chongguang QQ and package it for listing, and all relevant operating expenses will be borne by the three companies. The company's total share capital is about one billion shares, Chongguang Group holds 75% of the shares, the company's internal employees hold 5% of the shares, and the initial plan for listing is to issue 30 million shares, accounting for 3% of the total share capital, and the issue price per share is about 20 to 30 US dollars, and it is planned to raise 600 to 900 million US dollars.

After listing on the NASDAQ market, internal employee stock ownership will be banned for one year, and Chongguang Group's shares will be banned for three years, and the annual sale shall not exceed 8% of the total share capital after three years, and there will be no upper limit on selling after six years.

……”

After listening to Alfred's explanation, Hu Yiting had a complicated mood: "Goldman Sachs on a dog day will take away 10 percent of our equity if it takes out a mere $10 million, and even if the listing price is at the lowest $20 per share, the equity in their hands can be worth $2 billion, a full 200-fold increase! No wonder Wall Street is the dream place of the American elite, which is no different from grabbing money!"