Chapter 435
Chapter 435
Lu Feng came in and saw the faces of these people. He knew in his heart that few people present could see themselves.
Sister Wu also found that things were not quite right, so she hurried to round the court and said, "this is president Lu. I believe you know him a little. Although President Lu has a more maverick style, it is absolutely reliable in business. Everyone comes out to make money, right?"
"Mr. Lu, please sit down, please sit down!"
Sister Wu pulled out a chair and said politely to Lu Feng. Lu Feng glanced, sat down and said, "chairman of Jiafeng electronics, Lu Feng, nice to meet you."
"Mr. Lu, this is a place to talk about finance, not a place to be jealous. Maybe we can't talk together." a man wearing gold wire glasses looked very temperament and said to Lu Feng, "Tang Zhongren is in box 3021."
All the people present laughed. Lu Feng said, "I'm not entirely here to play. I didn't expect that finding a girl would cause such a big thing. If I knew it, I wouldn't do it. I'm also a businessman."
"Businessman?" the man opposite said, "then talk about business. As far as I know, President Lu is just two companies. I don't know what he wants to talk about. How much money do you get from us?"
"Have you brought your business plan? Market report, enterprise balance sheet, and plans for the next few years." another man in a blue suit said: "by the way, people like you also need a large financial company as an intermediary guarantee, and a consulting company to make a third-party investigation report!"
The people present stared at Lu Feng. They all looked at people through their nostrils. Everyone leaned back on a chair, giving people a feeling of condescending.
With so many conditions, it looks like an international acquisition.
"I think we should find an international law firm to be a legal consultant!" Lu Feng sneered, "do you need it?"
"After all, it's from the mainland. We don't mean to embarrass you, but the process is like this." the man in blue suit looks business.
Lu Feng sneered, like watching a group of clowns, and said, "it's all fucking coming back!"
"That's a few years later, we'll follow this rule!" the man in blue smiled cheaply, and there was no need for these processes at all.
It is very simple for enterprises here to invest in the mainland. They only need to build an office in the mainland, and mainland enterprises sign a contract with the office, or mainland enterprises register a company here and sign a contract directly with their own company.
Most importantly, in order to attract foreign investment, the process is very simple. All the procedures are completed in a few hours, and they have a greater preferential margin than foreign investment, and there are more fields that can be invested!
This is also Lu Feng coming to Xiangjiang instead of directly going to Wall Street. Companies over there may not be able to pass the approval in investing in Jiafeng electronics.
Even if Lu Feng was ten thousand unhappy, he couldn't get up and go at the moment.
"I'm not here to ask you for money, but to make you rich. You will understand this truth in the future." Lu Feng's words are still arrogant as always.
"Let's thank Mr. Lu. Let's talk about your company first. We are all businessmen. Businessmen will separate money from other things."
"Yes, we are professional!"
"No matter whose money it is, as long as we make money, we don't care too much about each other's species or people!"
The waiter came over and poured a cup of tea for Lu Feng. Lu Feng took the cup and drank it and said, "I didn't bring all the things you want, but I can talk about Jiafeng electronics. It was established at the end of 1992. It's just a year now. Our factory is worth 500 million, including a full set of import assembly lines and 5000 mu factory construction."
"At present, it has more than 20000 employees, 15 subordinate companies and more than 60 cooperative enterprises. In one year, its brand vipda has sold more than one million units, covering Sujiang Province, Sichuan Province, Beihe province and Dongshan Province, covering more than 300 million people."
"One year after its establishment, the annual flow exceeded 1 billion, with a profit margin of 10%, far exceeding the average value of 8.4% of other electronic manufacturers in the mainland, and the enterprise is developing at a high speed."
"The Dongguan plant was finalized a month ago and will be put into operation after the beginning of spring next year. It is expected to accommodate 30000 employees and the annual output will be 2 million units. At the same time, we are also actively developing new product lines and completing market product coverage. The R & D work in small household appliances has been completed and is expected to go online by the end of the year."
"Next year, we will expand the market, including not only the market expansion in the mainland, but also the overseas sales plan to achieve market coverage of one billion people, with an expected growth rate of 300 percent."
"Next, let's talk about the market. You may not have been to the mainland. The mainland TV market is ushering in a big explosion. This year's incomplete statistics show that the color TV market has exceeded 19 million units, an increase of 75 units over last year's 12 million units, and the increase continues."
"We have confidence in the market, and the market has given me confidence. According to the latest data report this year, the sales of color TV sets in the whole year next year is expected to exceed 23 million, and small household appliances continue to explode."
"At the same time, the mainland has great preferential policies. All parts of the country are attracting investment. As for me, my family is special and there are some ways. It can be revealed that Jiafeng electronics is hoarding a lot of land. Our land is available in industrial parks, science and technology parks and industrial cluster parks in major cities all over the country."
"At present, Jiafeng electronics owns more than 100000 mu of land. Our plants and machines are valuable. Our market is very promising. Our backers are particularly strong. We can play very well in the market. Therefore, the latest valuation report of Jiafeng electronics has reached 10 billion."
"I think this valuation is small, and we can realize it in three years. Now the actual value of Jiafeng electronics is more than 5 billion." Lu Feng sat there and looked at the humanity present: "my words are over."
The faces on the scene were full of amazement. They didn't expect Lu Feng to be so professional, let alone Jiafeng electronics to develop so fast in a year. It's amazing!
The data given by Lu Feng is false in many places, but also to raise the valuation.
But the future of Jiafeng electronics is indeed very promising.
Who can be indifferent to such an enterprise? Those who are indifferent are fools. They are clearly placed in front of them. As long as they invest, they will be rewarded several times in the future.
"Mr. Lu, these data you said are true?" the man in blue asked.
He saw that Lu Feng's face eased a lot, sat up straight, and the contempt on his face dissipated a lot. The people present were in the same state as him.
These people smell money.
"Of course, if you don't believe it, you can send a team to investigate." Lu Feng said in a deep voice.
"There are a lot of people in the mainland. I know this, but the TV market is so big?"
"I've heard that the past two years are better. I'm not very clear."
"The last time I watched TV, I said gnawing bark?"
Lu Feng was amused by their words and couldn't help saying, "mainland people not only chew bark, but also live in trees and monkeys."
"Ha ha ha ha!"
Everyone at the scene laughed and the atmosphere eased a lot.
"You said that Jiafeng electronics is valued at 10 billion, and you intend to raise funds according to the valuation of 10 billion?"
"That's right!"
People present shook their heads. It is undeniable that Jiafeng electronics in Lu Feng's mouth is very attractive, but it is still a mainland enterprise with a valuation of 10 billion.
Very difficult!
The vast majority of investors don't know much about it and think that the market potential there is small. It's almost impossible to raise a large company valued at 10 billion.
If it's a Wall Street company, that's normal.
"If the information you provided is true, I am interested, but the valuation of 10 billion is too high. Is this valuation in the next three or five years?" asked the man wearing gold glasses.
"Three years!"
"Well, I can lead a team to have a look, and then find a consulting company to make a report. If appropriate, give a half discount and vote!"
"I mean the same thing. How many people are there on your board?"
"I'm the biggest shareholder, and the rest is employee stock ownership." Lu Feng was already a little unhappy, and the valuation was directly cut off.
As soon as they heard that it was the first round of financing, they looked at each other and thought that the valuation could be cut down.
"I think ah, this valuation can be done further. We can do two rounds. In the first round, we will buy shares at the valuation of $3 billion, and then buy shares at the valuation of $10 billion. In the next third round of financing, you can ask for high prices and we can make some money."
Everyone nodded.
Lu Feng's face has darkened. The other party doesn't respect him at all. The 10 billion valuation is cut to 3 billion. First take a small amount of money to control the equity, and then increase it to 10 billion. They take a small amount of money to show outsiders. Later, Lu Feng must go out with a high valuation to deceive fools.
"I can't!" Lu Feng shook his head and refused.
"Mr. Lu, you are a businessman. You should know a little about the game of financing. Your valuation is too high. No one will invest in you. If we don't invest in you, few people will invest in Xiangjiang."
Although the other party's words look good for you, the tone is completely threatening.
Sister Wu stood aside and saw that it was going yellow. Just as she was about to open her mouth to make a round, the waiter suddenly pushed the door open and came in a man in a gray suit and black framed glasses.
"Who are you?" asked sister Wu.
"Who is Mr. Lu from the mainland?" the man ignored sister Wu and asked the people present.
"I am, who are you?"
"Hello, Mr. Feng would like to invite you over. Are you free now?"
"Mr. Feng?" Lu Feng thought for a moment. He didn't know Mr. Feng. He asked, "which Mr. Feng?"
"Mr. Feng of Sun Hung Kai finance is the invitee of today's dinner."
Lu Feng stood up and looked at the people present. He looked firm and walked out without saying a word.
The people present were worried. Lu Feng's enterprise still had great potential. They really wanted to invest. After all, it was an enterprise that made money when it was invested. They were worried and said, "President Lu, what about investment?"
Lu Feng came to the door, stopped and said coldly, "investment? You don't deserve it!"
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