0087 Significant Investment
The board of directors met in the morning, Xiao Yuelong, who was sitting with some back pain, was relaxing his bones, and in the southeast corner of the office, there was a fully automatic massage chair, which Xiao Heng specially bought for him a few days ago.
I have been very busy in the past two days, and I don't have time to think about this chair, as soon as the board of directors is finished today, many things have come to an end, Xiao Yuelong sees it now, and then he remembers.
Seeing the massage chair, Xiao Yuelong couldn't help but smile slightly, in the past few months, Xiao Heng's changes have brought him too many surprises, just like a completely different person, not only is he no longer messing around like before, but he has started a company and started a business seriously, and he has been particularly concerned about his body recently, and he has a feeling of growing up more than ten years old in an instant.
Since your back hurts, why not use it now, so Xiao Yuelong walked over and sat on the massage chair and turned on the power.
After setting it up, the massage chair made a buzzing sound, and Xiao Yuelong sat on it, with old arms and legs, not to mention that it was quite comfortable.
Over the past few years, Xiao Yuelong also feels that his body is getting worse and worse, he used to work all day without being tired, but now he can't stand it after only one morning of meetings, it seems that he is really old, and he can't accept old age.
Just as Xiao Yuelong was enjoying the massage chair, Zhang Yaowen, general manager of the investment department, knocked on the door.
"Come in." Xiao Yuelong closed his eyes and didn't raise his head.
After Zhang Yaowen heard this, he opened the door and entered the office, looking at his face as if he was a little worried.
"Mr. Xiao." Zhang Yaowen was a little surprised when he saw Xiao Yuelong lying on the massage chair.
"Well, this chair was given by my son, and it's quite comfortable." Xiao Yuelong didn't forget to praise Xiao Heng intentionally or unintentionally at this time.
"Hmm." But Zhang Yaowen didn't seem to put his mind on this, he held two documents in his hand, and said, "Mr. Xiao, I just heard from Chairman Liu that the board of directors chose Quicksilver Resources Company for the two investment plans at the meeting, is that so?" ”
"Yes, I forgot to tell you when I came back just now, more than two-thirds of the board of directors voted to approve the investment plan of Quicksilver Resources, and as for Tang Neng Holdings, it can only be put on hold for the time being." Xiao Yuelong continued to immerse himself in his massage.
"Mr. Xiao, didn't I mention it to you before, now that oil and gas companies are becoming saturated internationally, many resources are in the hands of large companies, and this is still a small company that has just started, and the investment risk is too great. On the other hand, Tangneng Thin Film, which is mainly engaged in solar thin films, belongs to the energy sector, and has great development prospects in the future, and investing in this company has its own value. Zhang Yaowen said a lot in one breath, and he obviously had a lot of opinions about the board's decision.
It turns out that at today's board meeting, there is a topic on the agenda to decide on the two investment plans of Quicksilver Resources and Tangneng Film.
Quicksilver Resources is an oil and gas company that has risen rapidly in the United States in recent years, and because one of its shareholders is a heavyweight senator of the current U.S. government, it has received many support policies and has a promising future. However, due to political reasons, the company does not dare to introduce too much investment in the United States, so it seeks investment from the world, and Longyue Group is one of many international investors.
Another company, Tangneng Film, is a local company that mainly produces solar film-related products and is committed to research and development of clean new energy, which is less than five years old and is currently looking for investment.
As far as the current market is concerned, both companies are very valuable to invest, although new energy is a big hit in the world, but petrochemical energy still dominates people's lives, and this position will not change in the next few decades, so investing in quicksilver resources is a good choice. The main thing is the background behind this company, which is its biggest selling point.
The Tangneng film is oriented to clean new energy, which is the direction of social development, with broad prospects, and the company's R&D strength is outstanding, and its products have won a number of domestic and international gold awards, and its customers have rushed out of Asia to the world. The company's prospects are also very bright.
In the investment division of Longyue Group, the two teams followed up the two investment projects respectively, and according to the evaluation of the company's investment value rating system, both teams gave an AA investment grade, indicating that it is very valuable for investment.
"I know that." Xiao Yuelong only raised his head from the massage chair at this time and looked at Zhang Yaowen.
Xiao Yuelong had already consulted the general manager of the investment division, and according to Zhang Yaowen's judgment, he strongly recommended the project of Tangneng Film. The reason is simple: one is that Quicksilver Resources is an American company, and its composition is very complex, and there is political power behind it. Political power is a very unreliable thing in the long run, especially when it is combined with business, and this is the destabilizing factor. Second, this company is far away in the United States, and there are not only cultural differences between the East and the West, but also many differences in business, so it is inevitable to ignore some things when evaluating, resulting in distorted ratings, not to mention that in the eyes of our Orientals, it is easier to ignore some seemingly insignificant but important things. Third, new energy is a major trend in the future, which will one day replace traditional fossil energy, so Tangneng film has more investment value.
In Xiao Yuelong's opinion, this also feels very reasonable, but these are Zhang Yaowen's subjective judgments. Now to do things, you have to look at the data to speak, the analysis reports of these two companies are all written in the report, so Xiao Yuelong is still more willing to believe what is on paper, to be honest in his heart, he is also more inclined to invest in quicksilver resources company, is an important step for him to plan to make Longyue Group go international.
So at today's board meeting, on the choice of two investment options, he voted for Quicksilver Resources.
"But the final outcome is determined by the board of directors, and your set of analysis, without data to pave the way, is difficult to convince the board, including me." Xiao Yuelong straightened his waist from the chair, and after massaging it for a while, it was indeed much better than before.
Although Xiao Yuelong is still the largest shareholder of Longyue Group, the power in his hands has long been transferred to the board of directors, and many decisions are no longer something he can decide alone.
After listening to Xiao Yuelong's words, Zhang Yaowen knew that since the board of directors had decided, there was no way to recover it. And it is true that as Xiao Yuelong said, his reasons cannot be established without data, and the board of directors will indeed not listen to him.
Zhang Yaowen had no choice but to give up, but he always felt in his heart that the company's investment was not safe, after all, it was a big investment of 600 million, and it was also a US dollar, nearly one-third of the market value of Longyue Group.
"Okay, let's go back and prepare for the negotiation with Quicksilver Resources, we must take this investment." Xiao Yuelong stood up from the massage chair, walked over to Zhang Yaowen and patted him on the shoulder and said.
This investment will be the largest investment in the history of Longyue Group, and whether it can make the company go to a new level depends on this negotiation.