Chapter 68 Completing the Acquisition
"Mr. Xu, the company wasn't doing well before. What's going on recently? Problems one after another."
"Yes! President Xu, how could these situations occur, and is there a way to solve them!"
...
At the third shareholder meeting this month, the minority shareholders looked at Xu Xiuyong, who had an unsightly face in the chairman position and a sick face, and questioned him one after another.
"What has happened to the market in the past two years? You know, the market is so bad, and it is difficult to operate. If there is no capital increase, the company will be destroyed immediately." Xu Xiuyong looked at the crowd and urged with a tired face.
When it comes to money, small shareholders look at me, I look at you, and immediately lose the language.
What a joke, the situation of Jinyuan Technology is already so serious, at this time, who would dare to invest money in it!
Throwing money into the pool can still hear a sound. At this time, throwing money into Jinyuan is like throwing money into a bottomless pit! How much is not enough.
The small shareholders were collectively silent, and the atmosphere at the scene was extremely dull.
Xu Xiuyong looked around the audience, looking at this scene, his expression was lonely and his face was sad.
If Jinyuan Technology is really in a desperate situation and needs their support, it should be the same!
At this moment, Xu Xiuyong's guilt that he had cooperated with Xingyao Technology and took away all their shares disappeared.
"I don't want to accept the old man! I'm going to take a break and prepare to sell all the company's equity. Who among you is willing to take over this stall?" Xu Xiuyong looked around at the small shareholders who were shrinking turtles, and decided in a deep voice.
"Is the problem already so serious!"
"No way!"
"Mr. Xu, if you think of a way, there is still a chance."
...
The minority shareholders were all taken aback by Xu Xiuyong's statement. No one dared to take this offer. At such a severe time, the founders planned to liquidate their shares and enter, who would dare to jump into this fire pit.
"If no one takes the order, then I will release the news and find other sellers, so be prepared!" Xu Xiuyong sighed, issued a notice, and then announced the end of the meeting.
Hearing the bad news, the minority shareholders were all in a state of grief.
Subsequently, Xu Xiuyong 'actively' asked Xingyao Technology to transfer the equity.
With the lessons learned from the past, the minority shareholders did not dare to go too far. Together with Xu Xiuyong, they resold the equity of Jinyuan Technology to Xingyao Technology. As for the few shareholders who insisted on holding them, they could not resist the will of most shareholders. Participated in equity transactions.
It took nearly a month to incorporate Jinyuan Technology into Xingyao Technology, and the whole process was presided over by Lin Lijun.
Li Yi only showed his face when signing the contract.
During this time, Li Yi spent most of his time in the library, busy flipping through technical books, 'copying' the black technologies related to machine intelligence in the library.
After Xingyao Technology completed the wholly-owned holding of Jinyuan Technology, it immediately increased financial and technical support, recruited more scientific research talents, expanded the scientific research team, and added hundreds of research and development projects. Short, involving: new materials, manufacturing processes, mechanical design, ..., and many other research and development projects related to the 3D printing industry.
In less than a week, Jinyuan Technology, which was originally dead, came back to life and was full of vitality.
Xu Xiuyong, who also owns 3% of the shares, became the second-in-command of Jinyuan Technology and assisted Lin Lijun in managing the company. Recently, he added a hobby of inspecting the company everywhere, as if he saw Jinyuan Technology at its most vibrant.
Looking at the personnel department, we welcome more than a dozen new employees for interviews and entry every day, and watching the engineers bury their heads in scientific research in the laboratory....Everyone has a hopeful smile and devotes all their energy to their work.
"Mr. Xu, you came just in time, and I just had something to discuss with you." Lin Lijun met Xu Xiuyong, an inspector, and hurriedly stopped him.
"Huh! What's the matter? You said!" Xu Xiuyong asked curiously.
"Go to your office, we'll talk as we walk." Lin Lijun said something and walked to Xu Xiuyong's office: "Jinyuan's situation is basically straightened out, but the existing raw material processing plants cannot meet the demand, here are two The acquisition target, you see which one is suitable."
After finishing speaking, Lin Lijun handed the document in his hand to the past.
Xu Xiuyong took the document, flipped through it, and was immediately surprised by the company's handwriting.
"Want to acquire Fuxin Metal Smelter and Dana Material Plant? Is the existing production capacity insufficient?" Xu Xiuyong asked in surprise.
"It's definitely not enough. Other new materials are being developed. We will expand production and transform the production line in the future. Look, the two processing plants are more suitable." Lin Lijun responded.
The two chatted while walking, and soon came to the office, where Xu Xiuyong was flipping through the documents.
As soon as the door closed, Xu Xiuyong looked at Lin Lijun and introduced: "Fuxin Factory, the main production equipment is submerged arc furnace and electric arc furnace, which vary according to capacity, power transmission method, electrodes, and other auxiliary equipment. Such as feeding system, feeding system, self-baking electrode system, weighing equipment, testing equipment, crushing equipment... The daily output is about 5,000 tons, and it can produce all kinds of alloys commonly found on the market."
"In addition, Fuxin also has a small powder metallurgy factory, which produces various powder metallurgy products, more than 70 semi-finished products with powder metallurgy parts as the main body, and the varieties cover automobiles, motorcycles, electric tools and household appliances. If it can be acquired, it will definitely be enough!" After a pause, Xu Xiuyong finally confirmed.
"I also think Fuxin is suitable, so it's settled. We have to implement this matter as soon as possible." Lin Lijun nodded.
"Uh! Is it so urgent?" Xu Xiuyong asked in surprise.
"Yes! President Li, let's try to negotiate a few years ago!" Lin Lijun said helplessly.
"There have just been so many R&D projects here, and Fuxin is about to be acquired. The money must be paid from the headquarters. Will the funds from Xingyao's side be tight?" Xu Xiuyong asked with concern.
Xu Xiuyong couldn't figure out where Li Yi got so much money to buy it everywhere. Didn't he start from scratch? Don't worry about money problems?
Lin Lijun smiled happily, and quickly explained: "Mr. Xu, you don't know enough about Xingyao! Xingyao Technology's simulation experiment system, computing service fees are not cheap, but the computing resources are scheduled for next year. It's the fourth quarter, and the profit is very impressive!"
Hearing this, Xu Xiuyong was stunned, and then he remembered that Xingyao Technology has a supercomputing center worth 3 billion and a powerful simulation experiment system. Huawei alone has earned 700 million, which is called it For the cash cow, it must not be too much.