But he didn't know Meng Wentian's true status in the company, didn't know that Meng Wentian had an absolute controlling stake in the research institute, and didn't know that Meng Wentian was the founder of the research institute, which was set up specifically to blackmail other automobile companies. If many of them were afraid of attracting too many people's attention, if they were not afraid of pulling too much hatred, Meng Wentian would have blackmailed one by one with the defects that led to the recall of cars by those automakers on the earth, and blackmailed Fengtian Company to extort Volkswagen and Volkswagen to extort Volvo......

Meng Wentian immediately said: "Of course, if we want to do it, we will do the best, make a DVD player." ”

Liu Chuanshu didn't have a happy look, but looked at Meng Wentian and said, "Boss Meng, the patent for introducing DVD costs a lot of money. I heard that a company in Huhai City spent 15 million US dollars to buy this set of DVD patents, and this is only the basic fee, and in the future, each DVD product will need to pay 50 yuan in patent royalties to the other party. ”

When Meng Wentian heard this, his voice lowered: Fifteen million US dollars is a lot, which is equivalent to more than 90 million yuan in Huaxia currency. What's more important is that in the future, you will have to pay 50 yuan per unit. This 50 yuan may not seem like much, but you must know that the profit of Volkswagen electronic products is not high, and 50 yuan is a lot in the total profit.

He sighed and said, "Design it out first and then look at it." …… , I don't know if their patents can be bought out all at once. ”

Liu Chuanshu smiled bitterly: "That will be more expensive." It is said that a one-time purchase of a set of DVD patents for production would cost $40 million. It is precisely because of this huge number and the fact that they don't know how much their products can sell in the future, so the company in Huhai City does not dare to buy out at one time, and can only accept the method of paying patent fees for each unit. ”

40 million US dollars is equivalent to 240 million yuan in Huaxia currency, and it is completely possible to build a medium-sized electronic enterprise, and no one dares to spend so much money to buy this set of patents: if the sales situation is not optimistic, the loss will be too great. Comparatively speaking, the kind of money that sells one for one comes much safer. If the sale fails, you lose that $15 million in base expenses.

Meng Wentian was very depressed in his heart and felt in a dilemma, but he just smiled and said, "Let's develop it first, and we'll talk about whether we buy patents later." Professor Liu, please take the time to write a development plan, which requires funds, manpower, and space. If we need to hire experts and professors from other companies or universities, we will also invite them. Regardless of the cost, as long as the product has good performance and fast development speed. ”

Because Meng Wentian had in his mind the complex that this DVD player of this shape was selling well on the earth, and he had already invested more than 200 million yuan to buy stocks for this purpose, he didn't want to retreat, he was determined to get up from where he fell.

In his heart, he hoped that he would be able to produce DVD players and sell them well. For this reason, he soon had a plan, that is, to make full use of Jisheng Electronics Co., Ltd., which Yue Xuan and others did not want.

After all, this company has been producing VCD players for a while, and they must have some patents on hand that can be used, and they have also accumulated a lot of experience in producing DVD players, trained a lot of skilled workers who are familiar with the production of DVD players, and those workshops and production lines in the company can be used.

In this way, on the one hand, he may not necessarily have to buy a full set of patents for other people's DVD players, and on the other hand, if he takes over the production of DVD players, he can also save a lot of money and time in production.

Liu Chuanshu didn't know that Meng Wentian had thought so much, but he was aroused by what Meng Wentian said: What expert doesn't want to design products by himself and don't want to organize a research and development team?

He readily agreed that he would start writing the development plan immediately.

Not to mention him, but the professors and experts of the University of Science and Technology who were present listened to Meng Wentian's words such as "Regardless of the cost, you can hire outside experts and professors", they were also itching in their hearts, if it weren't for the fact that intellectuals should be reserved, a few people would have asked if they could join the research and development team.

They knew that Meng Wentian said this in front of them, and they had the intention of soliciting.

Bidding farewell to the experts and professors of the University of Science and Technology and Liu Chuanshu, Meng Wentian took a car to Tianjie Building.

Sitting in the taxi, he thought about a lot of questions, some of which he had thought about before, and now he rethought:

First, whether you are really determined to produce a DVD player, after the production of this DVD machine will not sell smoothly. Second, how much to invest in research, development and production of it, whether to buy VDV patents, and what kind of purchase method to take.

The other is to think about whether it is better to start a new stove or use Jisheng Electronics Co., Ltd.

With the help of Jisheng Electronics Co., Ltd. This shell is certainly beneficial, there are familiar workers, there are ready-made production lines, there are venues, there are sales channels that can be rectified, and it is a listed company, and the specific advertising effect is good.

But there is also a disadvantage to using it as a shell, that is, the stock price is now sluggish, which has left a bad impression in the hearts of many shareholders, and because the quality of the previous video player is not good, it has not left a good reputation with customers.

There is also the fact that he now only controls 11.6% of the shares of the entire company, less than 12 points, and the bulk is still in the hands of others, and he is tired and tired, and he can only share 11.6% of the profit when he earns it, which is really a bit of a loss.

If you raise funds to continue to buy stocks, then you will fall deeper, in case the DVD player sales fail, your own loss will be even greater, far more than the 270 million yuan you have invested in buying stocks now, it can be said that the loss will be too big to accept, and the money you have earned before is estimated to be wasted.

Meng Wentian felt that he was standing on the slope of a mountain filled with thick fog, only to feel the cold wind blowing, and he didn't know whether his next step was to step on the road to the top of the mountain or fall into the bottomless cliff.

Just when Meng Wentian was unable to choose and hesitated for a while, Huang Yufei called and said, "Boss Meng, tell you a good news, we have finally found some eyebrows." ”

Without waiting for Meng Wentian to ask, Huang Yufei said again: "This time it's thanks to your reminder. I showed the experts at the accounting firm that you sent me late last night, and they thought it was very likely that you were talking about it, so they focused on the company's big assets. As a result, we found that the value of the two plots of land they invested in in the first half of last year was likely to shrink significantly. ”

Meng Wentian hurriedly asked, "What are the two pieces of land?"

Huang Yufei replied: "One is 30 acres of commercial land, and the other is 70 acres of residential land. Both plots of land are not far from their factory. The residential site is just southwest of the factory, on the edge of the Yellow River. The commercial land is on the north side of the plant. Wait, I'll send you the map right away, you wait and see your email. ”

Meng Wentian hurriedly asked, "What's the problem?"

Huang Yufei said: "Experts from accounting firms told me that this kind of thing is not uncommon. The expert's original words are that 'market changes, product technological innovation, government planning adjustments, urban center transfer and other factors may cause a relatively large bump in the value of land'. We asked the surrounding residents privately, saying that the province is planning to build a bridge over the Yellow River here, to connect with Shidingzhuang, the capital city of Heyi Province, and the west and north of the Yellow River and the capital Chang'an......

Meng Wentian sighed and asked: "Now that this highway and bridge is not being built, is it because the governor of Heyi Province has been replaced? In the past two days, this news has been reported on television. ”

Huang Yufei said: "Yes. Although the official notice has not yet been officially announced, the common people are already rumoring about it. Some people say that the current governor opposed the construction of the Yellow River highway bridge here when he was vice governor, believing that there is already a bridge across the Yellow River to the west of the provincial capital, and the traffic flow is not large now, and the western and northern areas of Heyi Province are now developing slowly, and building bridges is also a waste, and a highway leading to Jintian City should be built in the east of the provincial capital first. ”

Huang Yufei said: "According to the information we inquired about. At the beginning, Jisheng Company spent a total of 350 million yuan in order to buy these two pieces of land. After the purchase, the company also invested more than 80 million yuan to sort out the two pieces of land and carry out preliminary preparations for commercial development. At the end of last year, they also used these two pieces of land as collateral and borrowed 500 million yuan from the bank to buy two DVD player production lines from Italy. ”

Meng Wentian understood: the value of two pieces of land totaling 100 acres fell sharply because of the suspension of the construction of the highway bridge. Once a prime area next to road bridges, it is still a desolate land in the middle of nowhere. What's more, the land here also involves the attitude of the new governor. In order to appease the new governor, there will definitely be no businessmen who will invest their funds in areas he does not like, and the funds will definitely be tilted to the east of the provincial capital, and the investment will be more in the area around the highway that the new governor likes.

The two pieces of land add up to 100 acres, auctioned for 350 million yuan, the average price per mu is 3.5 million yuan, although it is not a sky-high price, if this price is put on the earth in the 21st century, this price can even be said to be very cheap, equivalent to the price of land in the county and urban areas, but this price is definitely not low in this period, you must know that the real estate has not yet become popular, and there has not been a large number of real estate companies to rob the land to build houses.

It is estimated that Jisheng Electronics Co., Ltd. auctioned these two pieces of land at this price, on the one hand, it wanted to rely on the advantages of the company's headquarters in the vicinity for development, although it was a little more expensive when buying land, but it was nothing at all.

On the other hand, it was the sycophants of the governor at that time: the higher the price of the land auction, the more prosperous the competition, the more intelligent the officials' decision-making, indicating that everyone was impatiently waiting for the opening of the highway bridge, and then showing their strength.

It's just a pity that they didn't expect things to be like this, the governor who supported the project left, and a governor came who opposed it.

It's a shame to see gold turn into straw.

You must know that the land price of the prime area is much higher than the land price of the desolate area, some times or even more than ten times. The 100 acres of land auctioned for 350 million yuan, plus the initial investment of more than 80 million yuan, can now be sold for 50 million yuan, which is considered good. The reason why it is difficult to recover even the 80 million yuan of the initial investment is that the 80 million yuan is for commercial development and real estate development on these two pieces of land.

If it is only the value of the hoarded land that has plummeted, Meng Wentian believes that the executives of Jisheng Electronics Co., Ltd. will not be too anxious, and they can completely hang the price of the land on the books. There is a land sale contract signed with the government department in black and white as evidence, and even if the shareholders have doubts, they can't make any waves. In the face of doubts, executives can confidently say: This is the price given to us by the political axe, and these two pieces of land are worth this price, and if you question it, you will question the political axe.

What made them anxious was that they used this piece of land as collateral and borrowed 500 million yuan from the bank, which was the most fatal.

At that time, when evaluating this land, it not only referred to the auction price of the political axe, but also referred to the capital investment of 80 million yuan of Jisheng Company, and also considered the future expectations of this land.

But the bank will not watch this two pieces of land with a lower and lower value take on the risk of a loan of 500 million yuan.

Once the bank confirms that the value of these two pieces of land is far from sufficient to serve as collateral for a loan of 500 million yuan, they will definitely take corresponding measures to reduce the loan risk, and the soap bubble of the inflated value of the land will be punctured, and not only will the inflated value on the account not exist, but will also face the bank's forced debt.

The most common measure taken by banks is to require the debtor to cover the difference between the collateral and the debt.

To put it in layman's terms, if these two pieces of land are only worth 50 million yuan, then I'm sorry, you Jisheng Electronics Co., Ltd. have to give me 450 million yuan immediately, otherwise I will freeze your account and freeze your company's assets.

How can Jisheng Company, which is in business difficulties, have the ability to come up with 450 million yuan?

If they run well, the production line will be able to start production in the workshop, and they will be able to supply the DVD player to the customer and recover the payment, and the crisis will be solved. After all, the bank only wants to recover the loan and get interest, knowing that your production and sales are booming, they will definitely be willing to negotiate with the company and be willing to accept new collateral, such as the production line that is being produced, such as the workshop.