northernbook Chapter 191 Valuation hits a new high, more than 2 million!
Chapter 191 Valuation hits a new high, more than 2 million!
Tang Xionghua didn't say much about the call from C-CUBE.
It just allows them to send people to Wanhua to discuss the details of the patent fees.
Patent fees are unavoidable because Wanhua cannot be limited to China.
If you want to export and develop cross-border business, you cannot avoid patents.
So Tang Xionghua could only talk to the other party.
Of course, there is a reason for this discussion.
How are patent fees collected, how much are they collected, and how are they paid?
various problems.
For example, discussing the patent details with Sony took Ohga half an evening due to his urgent need to do so.
On the C-CUBE side, it will definitely be more difficult.
In fact, Tang Xionghua prefers acquisition.
Today, he is no longer the Tang Xionghua he used to be.
When Tang Yichen and his son first thought of establishing VCD, they actually just wanted to make money while preventing the technology from leaking out.
But up to now, Wanhua has actually exceeded the expectations of Tang Xionghua and his son.
It went very smoothly and perfectly.
Wanhua now has the solid foundation of a large international enterprise, although it has not yet gone abroad.
But that's not important.
What’s important is that compared to the current MPEG, Wanhua is definitely at the top level.
Therefore, if he could acquire the company in full and obtain the patents directly, making a one-time investment, Tang Xionghua would be happy to do so.
Of course, this idea seems difficult at the moment.
Because Sun Yan is not a fool either.
VCD has been released, which is a major event that changed the level of global electronic consumption.
He now holds the patent for it, and can literally do nothing and make money without doing anything. Why should he sell it!
Therefore, an acquisition may not be realistic.
But now Tang Xionghua no longer wants to get him to invest.
Is there much difference between paying patent fees and investing in the company?
There is not much difference. The only difference is that if Wanhua goes public, it will make a lot of money.
He and Sun Yan had no relationship, so Tang Xionghua wasn't so kind. He just had to pay the patent fee with a pinch of salt.
After all, there is no way around it.
Of course, there is another reason, which is that C-CUBE is really weak now.
For a Chinese person in an environment like the Eagle Empire, if he does not have strong capital and various background forces, it will be of no help to Wanhua in entering the Eagle Empire or even Europe.
Therefore, there is basically no need to discuss letting him invest in Wanhua.
Based on this situation, Tang Xionghua even chose to follow up on the matter personally, but did not talk to anyone in person.
Instead, it was handed over to a professional manager hired by Wanhua, or what later generations called a negotiation expert, who was asked to talk to the people at C-CUBE. He only gave orders from behind and had to lower the price as much as possible.
However, at this time, Sony had to be whipped again. He even told others about the patent charging standards with Wanhua.
This led to C-CUBE also wanting to charge 5%.
This is something Tang Xionghua cannot accept.
So, the two sides started arguing.
Wanhua has not yet gone abroad. Now he wants to collect patent fees from Wanhua. If Wanhua does not cooperate, he has no choice.
If you want to sue someone in China, judges in this era may have to take advanced studies in patent law first.
In this case, C-CUBE is determined to get 5%.
But after more than ten days of intense negotiations, it was finally reduced to 3%.
Only at this point did Tang Xionghua finally sign the contract with the other party.
...
"Mr. Tang, you've kept it a secret from me for so long. So, has Wanhua considered accepting venture capital?"
May 7th, Labor Day is over.
The private dining room outside Chuzhou Amber Villa where the old Tang family ordered dinner.
Xiong Xiaoge arrived here today.
"Haha, I didn't hide it from you, but I can't go around saying that Wanhua is my fault!
"Keep a low profile, you're actually just afraid that we'll find you!"
Xiong Xiaoge shook her head and Tang Xionghua laughed at this.
Accepting venture capital is actually something you can consider.
Because he needs to expand overseas, but he has no connection with overseas.
The relationship with IDC is about Yang Lailai, not about him personally or Wanhua.
If you want capital to help you for free, you might as well dream on.
So, in fact, International Data Group did consider giving some shares.
"Well, Wanhua VCD must seize the opportunity to go overseas. You may not be short of funds, but you are short of other things. We can help you get them.
Besides, we are old partners and have always been very happy. I will definitely give you a high price this time!"
"Oh, how much?"
Tang Xionghua spoke with a smile!
It's not impossible to cooperate with International Data Group, but if Tang Xionghua really considers venture capital, he actually just wants them to follow the investment, not lead the investment.
Because he needs to build his own network of relationships, rather than just a rope that keeps getting thicker.
"Five hundred million MiGold, how about 20%!"
"Boss Xiong is indeed generous!"
To be honest, neither Tang Xionghua nor Tang Yichen has a specific figure for how much Wanhua is worth now.
But now Xiong Xiaoge offered a high price.
Twenty percent, five hundred million MiGold.
This means that they valued Wanhua at 2.5 billion USD.
You know, this year is not the time to fight with KFC last year. After last year, the RMB depreciated significantly.
Originally, the RMB to gold exchange rate was 1 to 5.7.
However, after a sharp depreciation last year, the current RMB to gold ratio is 1 to 8.6.
It sounds incredible.
It has depreciated so much in just one year.
In other words, if Tang Xionghua wanted to make money from the Flower Growers last year, he could have pledged all of Yanglai's shares and then taken out a loan in the form of Mi Jin.
No need to do anything.
Change it back this year.
One in and one out, making a net profit from the difference.
And this price difference is nothing compared to bank interest.
It’s just that Tang Xionghua doesn’t care about this little bit of money and is just afraid of being labeled as someone who is profiting from the country’s misfortune.
After all, he was destined to be the center of attention. Even if Tang Yichen told him about this kind of thing, Tang Yichen would still say that he couldn't do it, because if he did so, the past would definitely be brought up in the future, and he would be criticized and scolded.
Closer to home.
Now, Xiong Xiaoge has offered this price at this exchange rate, which has brought Wanhua's valuation to 21.5 billion RMB.
It has surpassed foreign companies and any domestic company currently.
You have to know that the current richest man in Hong Kong, Lao Li, has personal assets of only four or five billion US dollars.
In other words, Wanhua is already half of Mr. Li, the richest man in the country.
Of course, that's not how the accounts were calculated.
In fact, the richest man Li has some hidden wealth. For example, this was reported in domestic news last year.
The richest man, Li, gave his son, a college graduate, 4 billion yuan in cash as startup capital...
He can come up with 4 billion in one go, and you say he only has assets worth 4 or 5 billion. That's simply nonsense.
However, no matter how much money Mr. Li has hidden, at least on the surface, Tang Xionghua's Wanhua is now quoted at half of Mr. Li's apparent personal assets.
If this news were to be leaked, it would definitely shock the whole country again.
In fact, most people across the country now have always believed that Tang Xionghua is worth only about 1 billion yuan.
After all, what the public knows is only the 20% stake that Xiong Xiaoge originally exchanged for 50 million MiGold.
But they don’t know how much Yang Lai is worth after defeating KFC.