My Age of Investment

  Chapter 510 Ten companies (seeking monthly ticket)

  Xia Jingxing has just won Kugou and Xunlei here, and Deng Yuanyun, who has been on a business trip for nearly a month, also returned to the capital.

  In the office of Zhongguancun Software Park, Xia Jingxing looked at the dusty, tired Deng Yuanyun between her eyebrows.

As a conscientious and humanistic boss, Xia Jingxing personally brewed a cup of tea and handed it to the other party, and then kindly asked: "Old Deng, take a cup of tea, this trip is hard for you, and your body can survive. ?"

  Deng Yuanyun is over 40 years old. During the month of business trip, he flew to many cities across the country and visited more than a dozen companies, both large and small. Initial due diligence and financing negotiations were all very mental and spiritual work.

  But as a professional manager, he knows that what he pays is directly proportional to what he gains.

  The boss offered him an option of tens of millions of dollars, instead of inviting him to take care of him. Therefore, he has a high level of consciousness and professional ethics. In his work, he does his duty without making any discounts.

  Although this is where his duty lies, but when he sees the boss personally pouring tea and caring about greetings, he is still inevitable in his heart. He feels very warm, and he has a feeling of being valued.

  Especially Xia Jingxing's young age and billions of net worth has magnified the emotion in his heart infinitely.

   "Mr. Xia, thank you!"

Deng Yuanjun took the tea with both hands, put it on the coffee table, smiled and replied, “I’m not in the way. I’m only in my forties. I always keep exercising. I feel that my physical strength will not be better than that of young people who lack exercise. Difference.

  And I traveled in first class, staying in a five-star hotel, what's the hard work? "

  Xia Jingxing glanced at Deng Yuanyun, who had maintained a very good figure, and smiled. It seems that he does exercise regularly, and he does not look like a pot belly.

   "Is this going well?"

  Xia Jingxing was next to Deng Yuanrong and sat down on a sofa chair nearby.

  Speaking of this, Deng Yuanyun immediately became energetic, and said with a smile: "With the light of our company, the paid-in capital of 500 million US dollars in the left hand, the mobile phone order in the right hand, walk to any company in China, that is immediately regarded as a guest."

  Xia Jingxing laughed "Haha", "You are humble, the company's strength is just a stepping stone, it can only make people willing to receive you and respect you.

  Involving substantial interests and negotiations, who is willing to give in easily? In the end, the role of "people" is needed.

  One yard goes to one yard, the credit cannot be denied! "

  Deng Yuanyun smiled and said nothing.

   "Tell me about the specific situation!"

  Deng Yuanyun nodded, looked at Xia Jingxing, and began to report one by one.

  "Mr. Xia, I talked to Mr. Qiu of Hiqin. They are willing to accept our investment. The mobile phone industry M&A fund invested US$1 million for them, accounting for 20% of the shares.

  In addition, President Qiu also said that he hopes to become a member of our mobile phone supply chain and give them a small order to try.

  Although they are only a small company, they are willing to grow with us..."

  Xia Jingxing listened carefully. He read the information. It was only half a year since Huaqin was founded. It is still in the grass-roots stage, but it is developing very fast.

  His founder Qiu Wensen originally worked for ZTE Corporation. He has successively held positions such as ZTE's software engineer, mobile phone software department director, mobile phone system department director, and GSM mobile phone product general manager. He has very rich industry experience.

  If it were not for his personal dazzling resume, Huaqin, which was founded only half a year ago and has just received one or two small orders, would have a pre-investment valuation of US$4 million.

  According to net assets, a few million yuan would be dead.

  But after only a few months after its establishment, Huaqin received an order and achieved mass production. The founder’s ability and circle of contacts also need to be converted into valuation.

   "Okay, this valuation is not high, but for traditional industries, it is not low. It is also just right to occupy 20% of the shares, leaving the founding team with the motivation to struggle."

  Deng Yuanyun smiled, “I actually talked to Qiu Wensen and wanted to invest more, such as a US$2 million investment, accounting for one-third of the shares, but he refused.

  In fact, as IDH's independent mobile phone design company, they are asset-light operations, and they are not short of money. The orders just now can almost feed the team.

  In addition, an independent design company provides solutions to all mobile phone manufacturers. They don’t want us to have too many shares. They also want to avoid being labelled by other manufacturers, and it will be troublesome to receive orders in the future. "

  Xia Jingxing nodded slightly, "Okay, this company understands, let's talk about other companies."

   "Longqi’s President Du, I have also talked about it, but his enthusiasm for investment is far less than that of Huaqin’s President Qiu."

  Deng Yuanyun said and shook his head, “Longqi was founded in July 2002 and successfully listed on the main board of the Singapore Exchange in May 2005, raising more than 30 million Singapore dollars, equivalent to more than 100 million yuan.

  It only took less than three years from the establishment to the successful listing. Looking at the entire domestic wireless technology communication industry, it is rare.

  At this stage, this company is not short of money. As the most well-developed ODM manufacturers in China, they are not short of investors' pursuit.

  As the boss of a listed company, Du Junhong has just turned 32 years old. He is young and promising. Although you can't compare with the boss, you still admire many people.

  He received me and the team very politely. However, for investment, he pushed back and forth. He said that he would issue another stock next year or the following year, and then invite Envision Capital to participate.

  As soon as I heard this, I knew that this was a refusal to us, so I didn't continue to contact him, and I said goodbye after having a meal with him. "

  Xia Jingxing nodded, “Now Longqi has a good upward momentum. It is not uncommon that our investment is normal. The catching up business is not a good one. Put it aside for now.”

  Deng Yuanyun smiled and said: "You lose the East, and you receive the mulberry! Although Longqi declined us, but through the contacts I met at Nokia before, I found a young man named Zhang Xuezheng.

  This young man is only 30 years old. He worked for STMicroelectronics for one year, and then worked for ZTE Corporation as assistant to the general manager for four years.

   Then resigned from ZTE in 2002 and started a business with others to make a complete machine plan, but in those few years, the competition was too great and it failed.

  But he still doesn’t give up, he also wants to start a business, this time he plans to make a mobile phone motherboard.

  He has so far put together 100,000 yuan to pull up a small team.

  I had a brief chat with him, and felt that this person was born in technology, he was also very resilient in starting a business, and had a higher chance of success.

  So, I think, let’s vote for him in an angel round and vote for 100,000 US dollars, accounting for 20% of the shares.

  This is not a lot of money, and it’s not a big deal to lose.

  If you really lose money, you can ask Zhang Xuezheng to work in our company. With his ability, it will be no problem to work in the middle level. "

  Xia Jingxing smiled, and felt that Deng Yuanyun was really a lucky general, and he deserved to be the one with the word "gold" in his name, and he could find treasures wherever he went.

  In order to be clear, Xia Jingxing specifically asked: "What's the name of their company?"

  Deng Yuanyun replied, "It's called Wingtech."

  Xia Jingxing nodded, “Okay, since you think it’s okay, then vote for them $100,000, accounting for 20% of the shares... Yes, but you have to sign an anti-dilution clause.”

  Deng Yuanyun nodded, “That’s for sure, every company we invest in has requested to sign this agreement.

  In case you really catch the big fish, it is impossible to cheapen others in vain! "

  Deng Yuanyun continued to report that he was on a business trip and invested and merged ten companies in total. They only reached an intention and have not yet formally signed the contract and settled.

  Lens Technology, invested 200 million yuan, accounting for 20% of the shares.

  At this time, Lens Technology has entered the Samsung supply chain list, won the order from Nokia, and is about to become the industry leader. Its annual revenue has reached 100 million yuan, and there is even more money to invest in the owner's hometown in Hunan Province to build a factory.

  Even so, but because you are in a traditional industry, you cannot enjoy the valuation premium, and the valuation is very low, which is completely incomparable with companies such as the Internet and IT.

  Changying Precision, with an investment of 40 million yuan, accounting for 20% of the shares;

  Luxshare Precision, with an investment of 120 million yuan, accounting for 20% of the shares;

  Zhaoyi Innovation Series A, with an investment of 10 million yuan, accounting for 20% of the shares;

   OFILM A round, with an investment of 22 million yuan, accounting for 20% of the shares;

  A+ round of Sunny Optical, with an investment of US$12.5 million, accounting for 20% of the shares;

  Dongshan Precision, invested 10 million yuan, accounting for 25% of the shares.

  Deng Yuanyun briefly and quickly reported the situation of several other investment companies, and talked about the last company.

  "At present, we have the same offer as Japan, and a deadlock has formed. The founders of ATL hope to meet you to decide their final choice."

  Deng Yuanyun looked at Xia Jingxing and said solemnly.

  Xia Jingxing nodded, "Okay, let's set off tomorrow morning. After all, 100 million US dollars is not a small amount. It is good to come and have a look."

   "Well, I will ask someone to arrange it now."

  Deng Yuanyun got up and walked out of the office quickly.

  (End of this chapter)