Chapter 15 Backdoor
Lu Jianguo couldn't help but nod happily when he heard Luo Zhanming's analysis, while Zhang Hongcai, president of the Northeast Region, asked: "What does President Luo think about the effect of the implementation of national policies?" ”
Luo Zhanming said calmly: "Luo is just a businessman, unable to infer and comment on the implementation of national policies, Luo only knows that since the country intends to maintain stability, steady and progressive policy, then Luo thought that the group should also maintain the scale of its real estate industry, wait and see the changes." The state's stance on supporting new industries has been quite obvious, and Yiluo believes that he should follow the national policy of supporting industries and look for new profit growth points for the group. ”
"Then Luo has always found a new point of growth?" The person who questioned him was Jiang Maode, the president of the Central District.
Luo Zhanming smiled slightly: "Luo is not talented, and after thinking about it for a long time, he decided to enter an industry that is vigorously supported by the state." ”
"Oh, what industry?" Several people in attendance asked.
"Artificial Intelligence." Luo Zhanming smiled and replied, "After thinking about it again and again, Luo believes that artificial intelligence is not only an upgraded version of the traditional manufacturing industry, but also a carrier of modern new technology, artificial intelligence can not only make the manufacturing industry that once occupied half of the country's industry rise again, but also make the latest scientific and technological achievements and Internet development can be popularized in a wider range of fields." Luo will take this opportunity to create a new industrial structure for the group. ”
"Cut, after talking for a long time, it's another one who asks for money from the group." It was Jia Tianlu who spoke.
Regarding Jia Tianlu's ridicule, Luo Zhanming's expression was still calm, and he said unhurriedly: "Mr. Jia misunderstood, Luo Mou's entry into the field of artificial intelligence this time will not only not ask the group for a penny, but will also bring a lot of profits to the group in the near future." ”
"Oh? There is such a thing, Zhan Ming, you come and hear it. Lu Jianguo was surprised to hear that Luo Zhanming did not want the group to spend money when he entered the field of artificial intelligence. The high-level leaders present were also whispering, guessing Luo Zhanming's plan.
Seeing that the high-level personnel present were surprised, suspicious, or surprised, Luo Zhanming smiled gently and elegantly: "Dong Lu, everyone here, Luo's breakthrough in the field of artificial intelligence this time is to acquire Shuoxing Intelligent Technology Co., Ltd., which is in Wangjiang High-tech Park in S City to develop the most cutting-edge technology of artificial intelligence. The company's R&D level can be said to be among the best in the field of artificial intelligence in the country and even in the world, the latest generation of artificial intelligence arm produced under the company's name is lighter in weight, faster in operation, more complex factory processes, and its unique factory spare parts logistics integration system has taken a solid step forward for China's Industry 4.0. The company's other key product, artificial intelligence capsules, has also been successfully tried in the medical field, with its more delicate capsule volume, so that patients do not have any discomfort after taking it, and its more precise timely data feedback and image processing can replace the functions of medical colonoscopy and gastroscope. ”
"How can such a promising high-tech company let you buy it?" Some of those present could not help but raise doubts.
It was also by chance that Luo happened to meet the chairman and president of the company at a gathering of friends, and learned from him that the company's A and B rounds of financing had been exhausted due to excessive investment in the early stage, and the company's venture capitalists refused to increase investment after three consecutive years of no return, and the depletion of funds and losses for three consecutive years have put the company on the verge of bankruptcy. Therefore, in this case, Luo had the opportunity to acquire the company. ”
"It is normal for today's high-tech companies to lose money continuously before there is no output, and venture capital invests in it because of its future, but this kind of company that stands at the forefront of the industry will not be the only one that Mr. Luo fancies, right?" Others have questioned it.
Luo Zhanming smiled slightly and said confidently: "Of course, there is indeed a lot of risk capital for such a promising company to acquire it. However, it was difficult for him to refuse the conditions I offered. ”
"Oh?" Many people in the conference room became interested.
Luo Zhanming remained calm: "In addition to giving him 2% more shares than other acquisition parties and taking out another 6% of the shares as the original shares of the employee incentive mechanism, the most important thing is that I promised his company ......" Luo Zhanming looked at the people present and continued: "Listed next year." ”
"How is that possible?"
"How is it possible to go public with consecutive losses? Even if the GEM has a total profit of 10 million yuan in two years or a profit in the last year, and the net profit is not less than 5 million yuan, the operating income in the last year is not less than 50 million yuan, and the growth rate of operating income in the last two years is not less than 30%. ”
"And now there are more than 600 companies waiting in line for IPO to be listed, how can it be listed next year?"
Hearing the word listing, all the high-level personnel in the conference hall couldn't help but communicate privately.
"Backdoor!" Luo Zhanming's eyes shone brightly.
"Backdoor? Now the price of a shell company to sell shells is more than a billion yuan, where does the money come from for Mr. Luo's acquisition? Wu Gang of the Southwest Region asked again.
"For the target of the backdoor listing and how to acquire, Luo already has a draft in mind, and has also discussed with relevant enterprises. First of all, the target of Shell Resources is a *ST company, the company's share capital is small, with a total share capital of 120 million shares, and less debt, the current price in the secondary market is about 8 yuan, and the total price of the acquisition of Shell is estimated to be between 1.2 billion and 1.5 billion. ”
Secondly, where does the money for the acquisition come from, Luo has two channels. First, Luo has a financial insurance company, Luo will raise about 850 million in the form of universal insurance, two, part of the equity of Luo's most profitable real estate company is mortgaged to the bank in the form of mortgages, this part is estimated to be able to raise 970 million funds, and the total funds raised can reach 1.8 billion. And next year, Shuoxing Intelligent Technology Co., Ltd. will be fully profitable, earnings per share can reach 0.5 yuan, according to the current high-tech sector average price-earnings ratio of 80 ~ 100 times, the market value valuation will reach 90 ~ 11 billion, and the market value of the equity owned by our company is conservatively estimated to be more than 4 billion. ”
As soon as Luo Zhanming finished speaking, the people below couldn't help but whisper. Wang Lang was also quite surprised, and couldn't help but think of a continuous and ingenious capital operation, which in a blink of an eye, generated a market value of four billion yuan with an investment of more than one billion, and was able to directly or indirectly control a promising enterprise as a strategic investor, and its operation methods were really breathtaking.