Chapter 304: Fifty Thousand Times Profit!
"So far, Chimelong Technology owns 80% of the shares of Hengyang Group, 70% of the shares of Tongtai Industry in the form of technology authorization, and 30% of the shares of Xingguo Metallurgical Laboratory. Pen | fun | pavilion www. biquge。 infoIn addition, Tongtai Industrial owns 30% of Xingguo Metallurgy's shares, so Chimelong Technology indirectly owns 21% of Xingguo Metallurgy's shares. ”
Yang Chen further introduced the shareholding structure of Chimelong Technology, and said: "In addition to the current shareholding structure of Tongtai Industry, in addition to Chimelong Technology's 70% shares through technology authorization, Beijing Zhujia Yuanbang Iron and Steel Group owns 10% of the shares, and Xingguo Metallurgy has 15% of the shares through equity replacement, and the remaining 5% of the shares are vacant. ”
Yang Chen also counted the shares of Xingguo Metallurgy, which only reached a verbal cooperation and had not formally signed a contract to relocate the laboratory.
"Wait......" Chen Ang frowned: "Xingguo Metallurgy? Are you talking about Xingguo Metallurgy in Shazhou?"
"That's right. ”
"That's a small business with assets of no more than 300 million, right? And their company is not in good shape right now, and its assets have shrunk to only 30 million. This company actually has a stake in your Tongtai Industry?"
"Huh, Mr. Chen, how do you know about this company?" Yang Chen was also surprised for a while.
After all, as the president of Gaoyang New Energy with assets of more than 30 billion, it is indeed unusual to be able to pay attention to a small enterprise with assets of no more than 300 million.
"Well," Chen Ang said with a smile, "I used to work together for a while. At that time, they had a very important metal material formulation, which happened to be used by our wind turbines, so they knew more about them. The level of Lin Xu, the director of their metallurgical laboratory, is quite good. We also planned to poach, but later found out that Lin Xu had a deep affection for Xingguo Metallurgy, and our high-spirited new energy main business was not metallurgy, so we just gave up. ”
"I see, I'll just say you don't want to intersect at all. ”
"Then what about you? Why does such a small enterprise actually own the shares of your Tongtai Industrial?"
Yang Chen explained to Chen Ang: "That's the case, some time ago, our Tongtai Industry was surrounded by foreign companies because of reconstructive nano ceramics, and tried to force us to make concessions with orders. ”
"That's ......" Chen Ang smiled bitterly: "But is the amount of your equity exchange too large? That's a full 15 percent of the shares." So how many shares do you plan to use to exchange equity with our high-spirited new energy?"
That's not a small problem. Even if the highest valuation of Xingguo Metallurgy is given, it is worth 300 million, 15 percent of the shares, and only 30 percent of their shares will be exchanged. Angyang New Energy is as high as 30 billion assets, according to the same ratio, then 15 percent of the shares, only 0.3 percent of the shares, if only the remaining 5 percent of the shares, then only 0.1 percent of the shares.
Such a small amount of shares cannot form enough influence on Angyang New Energy, which is completely contrary to the original intention of Yang Chen's original equity exchange.
His aim is to incorporate Angyang New Energy into his own system. But the influence of just 0.1 percent of the shares is not enough to meet this requirement.
"My plan is that the current three shareholders of Tongtai Industrial will further inject capital into Tongtai Industrial to increase the plate of Tongtai Industry, and then exchange equity with Angyang New Energy with the valuation of the new Tongtai Industrial plate. ”
"That would be too complicated. Chen Ang shook his head: "My suggestion is that Tongtai Industry and Angyang New Energy will invest separately to establish a new enterprise, which can also achieve the purpose of cooperation." ”
Yang Chen was not satisfied with this proposal. Because of this approach, it still cannot have enough influence on Angyang New Energy.
In the end, Yang Chen gritted his teeth: "Complexity must also be done." Let's inject further capital. At present, Changtai Technology has only licensed the first generation of reconstructive nano-ceramic production technology to Tongtai Industry. I am ready to license the second-generation and third-generation recombinant nano-ceramic production technology, as well as other technologies derived from the energy particle theory, to Tongtai Industrial, so as to increase the asset plate of Tongtai Industrial, which is expected to reach at least 10 billion. Then use 15% of the shares to replace 15% of your high-spirited new energy shares. ”
In this way, it is clear that Tongtai Industrial's equity is at least three times higher. This is only the premium at the time of the equity swap, and it is difficult to say whether the previous valuation has a premium.
This is almost a blatant take advantage of high-spirited new energy.
Chen Ang was not angry, but just shook his head: "If Angyang New Energy is owned by me, then I can accept such a replacement." But ......"
He shook his head: "Angyang New Energy also has other shareholders, such a large amount of equity replacement, and you obviously take advantage, I can understand, but other shareholders ...... I'm afraid that this matter will not be decided for a while. Moreover, I know that the technology of reconstructive nanoceramics is valuable, but whether it can be worth tens of billions is still a question. I'm afraid that an actuary will need to come and make an estimate. ”
Yang Chen said: "I would like to state that the existing recombinant nano-ceramic technology is the first generation, and we have begun to master the second-generation reconstructive nano-ceramic technology in the laboratory. Note that this is not a production technology, but an upgrade of the product. ”
"Oh, how does the second-generation recombinable nanoceramics perform?"
"The ceramic crystallization of the first generation of reconstituted nanoceramics was between 25 nanometers and 30 nanometers. The second generation of reconfigurable nanoceramic ceramics will have a crystal size between 20 nm and 25 nm. Its performance has been improved by at least 50 percent. The point is that the cost of production is not much different from the first generation. ”
Chen Ang's eyes lit up: "In this case, its value is at least three times or even five times that of the first generation of technology." However, this may not be able to make your size reach 10 billion. The point is that you're just licensing technology, not technology transfer. Then the value of this technology licensing is not so high. ”
Chen Ang knows that the product of nanotechnology, reducing even one nanometer of the product requires a considerable amount of research funds, and the performance improvement may not reach 10%. Nowadays, the second-generation reconfigurable nanoceramics have been improved so much, and the key cost gap is not large, so the value is indeed quite high. But he still didn't approve of Yang Chen's offer.
Yang Chen smiled: "Then, as a future partner, I can reveal to you the profit margin of the first generation of reconstituted nanoceramics. ”
"How much?" Chen Ang showed intense interest.
"If you don't count the depreciation expense of equipment, then the profit margin will be ......" Yang Chen said a number in Chen Ang's ear: "At least 50,000 times!"
"What?"
Chen Ang almost had a heart attack.
What did he hear?
50,000 times the profit?
What business on the planet is more profitable than that?
"Don't get too excited. That's just when the material first came out at price. Soon the price of the material will be greatly reduced. Yang Chen hurriedly explained.
"Can the price be reduced by 10,000 times?" Chen Ang gasped frantically, he felt like he needed oxygen......
"In my opinion, it's better to get to less than 10 times the profit margin. Yang Chen said casually.
Chen Ang almost gave him an understatement, and he fell to the ground.
He desperately grew his mouth, and almost wanted to roar at Yang Chen: Do you know what ten times the profit means? Do you know that there are only a limited number of industries in the world that have ten times the profit? The vast majority of industries, the profit can be more than doubled, that is quite remarkable, you know?
Let's just say that they are high-spirited new energy, because as a new energy, the state supports it, and the entire public opinion also supports it, but can this profit margin be five times higher? This also includes the profit gap caused by the exchange rate gap between the RMB and the US dollar.
Ten times the profit? That is, when China has just reformed and opened up, when the domestic price has not yet been in line with the foreign price, it can only be owned, right?
If you want to exceed such profits, it is impossible for a normal commercial society, and only the kind of uncivilized areas to exchange cheap industrial products for local precious resources, that is, the lack of virtue that Europeans feel in the Age of Discovery, can achieve such profits.
But what did you Yang Chen say? You said that you have to reduce the price by a large margin, and the price of cabbage can only reach ten times the profit, and you still think that the profit is too high.
I said, are you a qualified businessman? Is there a businessman in the world who thinks the price is too high? Pretend, you can score 100 and 1 points compared to pretending! I am afraid that you will not be proud of that extra point!
However, Yang Chen really didn't have the intention to pretend, he really thought that the profit should be less than ten times that in his heart. Only in this way can we achieve the degree of popularization of the first generation of recombinable nanoceramic materials in later generations. And the benefits of this popularity are self-evident.
Now this kind of price is as high as 50,000 times - in fact, Yang Chen has also rounded it up, strictly speaking, it should be 53,380 times - Yang Chen is not satisfied.
Although making money is important, in Yang Chen's heart, the most important thing is to fight against the invasion of the Trojan Federation. As long as it can benefit this career, he will do things that lose money, not to mention just making less money.
Chen Ang struggled to control his swollen and hot mind to calm down, gasping for breath, and finally said, "Yang ...... Mr. Yang, if the profit margin really reaches this level, there is no need for you to authorize new technology, and you estimate that the original technology is worth 100 billion, ......which is also acceptable!
As if he remembered something, he hurriedly asked, "This reconstructive nano-ceramic material can't be the kind of material with a narrow application surface, right?"
No wonder he asked, if the application is narrow, then no matter how expensive the price is and how high the profit is, the profit that can actually be earned is not high. Because its market is only so big, even if you grab all the profits, it is not much. But if you have a wide range of applications......
Chen Ang felt that his heart was already overwhelmed......