MTL - Disassembling System: Begin With Scrapyard Alchemy-Chapter 229 Acquisitions and Loans

At night, Cheng Xu stood on the balcony. Because of the ban on fireworks and firecrackers, the sky outside seemed extraordinarily quiet, but for some reason, he felt that this year's New Year's flavor did not weaken at all, but became stronger.

During the first month, Cheng Xu also took one day to pay his respects to the relatives of his grandfather who had been good to him before. For the rest of the time, he devoted all his energy to the battery technology in his mind.

Visiting relatives and friends is a kind of fun, but for him, learning and absorbing knowledge is also a kind of fun.

And this is also different from learning during school. At that time, the positive feedback of learning was quite expensive, and there were always a few people who could get a sense of achievement in learning, not to mention the kind of people who were born with a love for this. .

But absorbing these things in your mind is just different. It generally feels like you suddenly find that learning advanced mathematics is as easy as learning elementary school mathematics, memorizing English words can be memorable, and mastering grammar is as natural as speaking.

I believe that with this ability, most people are still willing to learn, not to mention that these learned things can be converted into productivity.

After the new year, Cheng Xu also intends to formally start contact with the companies selected by the investment team.

Although his current money is far from enough, in terms of time, he can already start the process.

The acquisition of a company is not like buying vegetables in the vegetable market. The negotiation in the early stage is a long process, and the most important company valuation, asset inventory and so on.

In addition, others must be willing to sell, and the acquisition agreement can only be signed after other shareholders of the acquiree have given up their right of first refusal.

After negotiating a good price, paying the money is another matter.

Whether it is full payment or installment, or deduction with other assets, there are different situations.

Fortunately, in the early selection, one of the great advantages of this company in Seoul is the concentration of equity. As long as the big boss is secured, there will be no other obstacles.

Moreover, in the previous investigation, Cheng Xu also learned that the current situation of these two companies is not very good, and they are basically running at a loss. This is purely an advantage for Cheng Xu, he does not need this company at all. What profitability does the company have.

Professional things, of course, need professionals to do, so Cheng Xu simply continued to borrow the people of the Gao Group.

This thing, it is not so easy to temporarily pull up a team, and it is definitely not mature and easy to use.

Of course, Cheng Xu did not take advantage of others in vain. During the time when the investment team helped him, their salaries and bonuses were all covered by Cheng Xu, and an additional talent usage fee was paid.

For the investment team, they are naturally willing. Anyway, they have to work, whoever does it or not, and Cheng Xu can get more bonuses for it.

For the Gao Group, it can be regarded as making full use of the free time of employees and improving efficiency. A period of idle time that was originally fine is now being used, and the rent of employees can be collected.

After arranging things, Cheng Xu turned to another great business: bank loans.

Although the interest rate of looking for a bank loan is very high, if a large amount of money and a long time are used, it can even reach nearly seven points.

However, after calculating this interest rate, Cheng Xu still had no trouble.

He plans to use his company shares as collateral to take out a loan of 60 million yuan, and the interest will be calculated as high, and it will only be more than 4 million yuan a year.

And let Cheng Xu get the money early, buy the company and start the business as soon as possible, and the more money he can make is more than four million.

However, the biggest problem with bank loans is always whether or not to be able to borrow money.

But this problem basically does not exist for Cheng Xu. The reason why he is willing to take out the company shares he owns as collateral is because he sees the attractiveness of this thing to the bank.

The current Qidian company's annual profit is just a few hundred million yuan, which is simply the kind of high-quality asset that can no longer be high-quality. The high profit also guarantees Cheng Xu's repayment ability.

It can be said that the bank is now begging him to take out a loan, and it is extremely hopeful that he will not pay.

After the beginning of the year, the company's production is still steadily improving, the acquisition plan, and the loan process are also proceeding in an orderly manner.

Tomato Novel Network

Of course, things can never go so smoothly. The company in Xiangcheng encountered some problems when it signed the letter of intent for the acquisition.

Because the shareholding is relatively scattered, there are many shareholders in this company, and as a result, many opinions cannot be unified.

Some have overvalued the company, some are unwilling to sell, and some hope that Qidian will replace them with shares.

In short, the resistance encountered in the acquisition is quite large, and the people in the investment team are also very worried every day.

Cheng Xu, who learned of the situation, waved his hand directly and gave up the acquisition of this company.

Originally, he was not too satisfied with the location of this company~www.novelbuddy.com~ The reason why it was included in the target was mainly because it was cheap, which allowed him to free up more funds for new product research and development, production, Marketing etc.

The battery this time is different from the previous chemical raw materials. The difference is that it is too small. As long as the quality is guaranteed and the price is exerted, there is no need to worry about not being able to sell it.

But the battery is different. Even if your performance is good enough and the price/performance ratio is quite high, others may not necessarily buy it.

The most important one is the brand. Cheng Xu has almost no advantage in opening a new company, so he must pay a lot of tuition fees for this.

This aspect is expected to become a considerable part of the cost.

Aside from the fact that the valuation is about 20 million more, the company in Seoul satisfied Cheng Xu in all aspects.

The initial exchange of intentions was also quite smooth, and the founder of the company seemed to be planning to cash out.

The previous things have been negotiated, and Cheng Xu also proposed to meet with the boss of the company. If a consensus can be reached on this step, the acquisition will basically be won.

Huang Junjie had long been surprised by Cheng Xu's business trip, and he also learned that Cheng Xu was planning to acquire a new company.

But since Cheng Xu himself did not speak, he would not rashly propose to invest money in this company to get a share.

Now he fully understands that since Cheng Xu is confident of acquiring a new company, it means that his technology is already in place, and there is almost no possibility of losing money, so the investment at this time is pure money.

He is actually quite content now. His shares in Qidian seem to be small. After Gao Qingyun's investment, it is only 8%. However, this part of shares brings him tens of millions of dividends every year. .