Solving Middle Age Crisis by Intelligence System
Chapter 690 - 456: Wei Zhe Arrives (Part 2)
Qi Yun nodded: "Yes, what you said is true."
"However... the supply chain can be integrated, and we can start from mid-to-high-end models. As for the sales channels..."
He paused and looked at Liu Guangxin meaningfully: "Isn’t this Guanghui’s expertise?"
Liu Guangxin was initially stunned, then suddenly realized and pointed at Qi Yun, jokingly scolding: "You rascal, so you’ve been waiting for me here! Took such a big detour, but your real aim is to pull me into car manufacturing?"
"A win-win partnership, isn’t it?"
Qi Yun replied with a smile, "Guanghui is seeking transformation, the traditional car sales business is facing a bottleneck. If we join forces, I think there is a great chance we can make it happen."
These words evidently struck a chord with Liu Guangxin.
He stood up and paced the conference room, seemingly in intense inner conflict.
Next to him, Tao Ziming also felt a vague anticipation. When the sample was just produced, Qi Yun had talked to him about car manufacturing, but the conditions were not mature enough at the time, so they did not delve deeper.
If at this moment, this Liu the Rich is willing to join, with his resources, starting would become very easy.
After two minutes, Liu Guangxin stopped walking and turned to Qi Yun: "How do you plan to collaborate?"
"The entire Dawn Technology will be merged into the new company. You provide resources and the majority of the funding, and I will also inject some funds later. As for the equity distribution, we can discuss it gradually," Qi Yun shared his thoughts. 𝑓𝑟ℯ𝘦𝓌𝘦𝘣𝑛𝑜𝓋𝑒𝓁.𝑐ℴ𝓂
Liu Guangxin nodded slightly: "Car manufacturing requires huge investments, easily costing tens of billions. I need to think it over carefully before giving you a reply."
"Of course, no problem." Qi Yun knew this wasn’t urgent and checked the time before saying, "I’ll host dinner tonight to thank Director Liu for your help."
....
Two days later at noon, a private jet landed at the New District Airport.
First off the plane were four burly bodyguards, followed by Wei Zhe and a man in his fifties, who seemed to be Zhang Wei, a major stockholder of Changrong.
"Welcome to both of you! It’s been a long journey." Qi Yun quickly stepped forward to greet them.
Wei Zhe smiled and shook hands with Qi Yun: "President Qi, you’re being too kind. Let me introduce you, this is Mr. Zhang Wei."
"Hello, President Zhang."
Despite being over fifty, Zhang Wei was full of energy. He gave Qi Yun a once-over and said smoothly: "President Qi is even younger than I imagined, very talented."
"Haha, President Zhang flatters me. This way, please, it’s windy here, let’s get in the car first," Qi Yun gestured towards the path.
Everyone got into several business cars separately, with Qi Yun, Wei Zhe, and Zhang Wei sharing a vehicle.
"I’ve arranged a hotel for you, we’ll first head there for you to rest a bit, then tonight I’ll take you to taste J Province’s local delicacies."
"Thank you for your trouble." Wei Zhe nodded with a smile, examining the view outside the car window, "I didn’t expect J Province to be this well-developed, it’s completely different from my imagination."
"Yes, before coming here, I thought it would be quite backward, but the facilities here are comparable to places like Peng City," Zhang Wei also sighed.
"Indeed, J Province’s infrastructure development has been very rapid over the past decade. If you have time in your schedule, I’ll arrange for you to experience the desert grasslands..."
Meanwhile, inside the S Prefecture building.
Old Hou just came out of the conference room, followed closely by someone who approached him and whispered: "Leader, I just got the news that the CEO of T Base Electronics, Wei Zhe, has arrived in Bird City."
Old Hou paused immediately upon hearing this, turned around in surprise, and after two seconds asked: "Is the information accurate?"
The person nodded: "Accurate, I just verified with the airport, indeed a private jet from Treasure Island landed, and the immigration office has his entry records to match."
Old Hou was silent for a moment, then lifted his chin: "Come to my office to discuss."
The two went to the office and after closing the door, Old Hou eagerly asked again: "Do you know why he came here?"
"This is currently unclear... but I’ve already had people investigating."
Old Hou paced around the room: "Find out where he is, I want to visit him personally."
"Okay, I’ll arrange it right away."
...
Dusk was settling as Qi Yun led Wei Zhe and Zhang Wei to a local restaurant to taste specialty dishes. Both were visiting the northwest for the first time and found the food here quite novel.
After the meal, the three went to the tea room upstairs at the hotel, and Qi Yun invited President Bi, where the four began discussing the equity of Changrong Shipping.
Amid the scent of tea, Zhang Wei was the first to broach the subject: "Gentlemen, I agree in principle to the transfer of 12% equity."
"To be honest, many consortiums have approached me wanting to purchase these shares, but I’m not fond of dealing with strangers. That’s why Wei introduced President Qi to me."
"After today’s interaction, I find President Qi to be a trustworthy partner."
Qi Yun smiled knowingly, proving that they understand human nature well; the opening remarks are quite fitting.
"President Zhang overpraises us; we also cherish this opportunity to collaborate."
Zhang Wei nodded and then shifted the topic: "But in business, let’s discuss the valuation you offer for these shares?"
Qi Yun exchanged a glance with President Bi before calmly speaking: "President Zhang, we’ve conducted detailed calculations. The current market value of Changrong Shipping is approximately 35 billion US Dollars, and the 12% equity corresponds to 4.2 billion US Dollars."
"Considering equity premiums and Changrong’s future growth potential, we are willing to offer 4.4 billion US Dollars. What do you think of this price?"
After discussing with President Bi a few days ago, Qi Yun also consulted Li Yaohua’s opinion, who suggested similarly, falling between 4.4 to 4.6 billion US Dollars.
In transactions of this caliber, industry estimates are typically close unless there’s an acquisition with strong motives or multiple parties competing, which can affect the price.
This offer is clearly within Zhang Wei’s expectations. He didn’t rush to reply but instead turned to Wei Zhe: "Wei, what do you think of this price?"
Wei Zhe smiled slightly, calmly tasting his tea: "I believe President Qi’s offer is quite sincere, but this is a transaction between the two of you, and you need to decide for yourself."
Zhang Wei understood, nodded, and toyed with the teacup in his hands, seemingly contemplating.
After two minutes, seeing there’s still no response, Qi Yun gave President Bi a signal who cleared his throat, breaking the silence: "President Zhang, is there anything you’d like to discuss? Feel free to share so we can explore it together."
"Not particularly, just suddenly thought about my brothers," Zhang Wei replied.
Beside him, Wei’s eyebrows moved slightly, indicating he knew some inside stories, and comforted, "Don’t worry too much, you don’t like handling company affairs anyway. As long as the equity is in Huaxia people’s hands, it’s better than giving it to those Zhongdong Consortiums."
Zhang Wei sighed briefly and then without hesitation said: "President Qi, your offered price is very reasonable, I’m willing to proceed with the equity transaction with you."
Qi Yun showed a hint of surprise in his eyes; given the previous hint, he thought Zhang Wei was trying to haggle, unexpectedly it was his own narrow-mindedness; Zhang Wei agreed so straightforwardly.
"Great, thank you, President Zhang!" Qi Yun stood up and shook hands solemnly with Zhang Wei, "Wishing us a pleasant collaboration."
"Regarding the funds, you needn’t worry, once the agreement is signed, I will arrange payment immediately."
Qi Yun spoke with great confidence, which made Zhang Wei take another look at him, thinking that being able to mobilize tens of billions of US Dollars in a short time, this young man’s capability is indeed remarkable.
"Someone Wei introduced, I naturally have no concerns," Zhang Wei replied with a smile, "But the equity transfer still needs board approval, which will take about two weeks."
While they were conversing, there was suddenly a knock at the door of the private room, and Brother Quan walked in quickly and whispered a few words in Qi Yun’s ear.
Qi Yun furrowed his brows tightly upon hearing it: "How did they find us here..."