All round car designer

Chapter 546 Equity Disagreement
Speaking of this, Lin Hua and Ramsay also looked at each other, and then Lin Hua said, "We already know the purpose of Mr. Zhou's visit this time, and we have seen the acquisition offer issued by your company. Thank you Zhou Sir and Feichi company recognize our Human, but sorry, we do not accept the acquisition."

At the beginning of the negotiation, the other party directly rejected Zhou Fei's acquisition proposal.

"The two of you don't know our Feichi company's quotation yet. Wouldn't it be a bit too arbitrary to say no at this time?" Zhou Fei smiled, and then continued, "Why don't you listen to me and finish our quotation? Then you think about it again?"

"Please tell me, Mr. Zhou," said Ramsey at the side.

"Our valuation of your company is US$8000 million. Our Feichi company hopes to acquire 90.00% of Human's equity with US$[-] million in cash plus equivalent supporting assets." Zhou Fei replied.

Judging from the current patents held by Human, the valuation of [-] million US dollars should be fair and just, without any exaggeration, and of course there is no deliberate price suppression.

"According to what Mr. Zhou said, after this acquisition is successful, then we Human will be directly managed by Feichi Company in the future. In terms of major policies, we must obey your company's arrangements. Is this the case?" Lin Hua asked. , this question sounds a bit suspicious of asking knowingly. Of course, the company's major shareholders have the right to decide the company's development strategy.

"Theoretically speaking, this is indeed the case." Zhou Fei smiled and nodded.

"I'm sorry, Mr. Zhou, but we still can't agree to your request." Ramsay refused again.

To be honest, Ramsey didn’t think there was anything wrong with Feichi’s valuation of Human. The $8000 million cash offer was already very sincere, compared to the fact that Nikola wanted to take away nearly 2000% of the company for $50.00 million. Zhou Fei can be said to have given them the greatest respect.

But the question Lin Hua just asked seems superfluous, but it is actually the point that Ramsey and the others are most concerned about. Once 90.00% of the shares are handed over to Feichi Company, the future development of the company may not follow their The previous idea was carried out, and the enterprise that the two worked so hard to create was only a dowry for others in the end.

Ramsey couldn't accept this, otherwise he wouldn't have waited until now for the first round of financing.

"What, are you dissatisfied with our offer? If that's the case, feel free to bring it up, and we can discuss it again." Zhou Fei laughed.

"No, Mr. Zhou's quotation is very sincere, and the valuation of our company is also very fair." Lin Hua shook his head, "However, it is too much to give up 90.00% of the equity. For this, we accept No."

"How much equity do you two think is appropriate?" Zhou Fei did not rush to modify the acquisition plan, but threw the question to Lin Hua and Ramsey.

"We take up 20.00% of the equity at most, and 2000 million US dollars of funds are enough for us to carry out the next round of research. To be honest, we haven't figured out how to use such a large amount of 8000 million US dollars for a while." Ramsey replied.

"No, 20.00% equity is too low, it does not conform to our company's development strategy, at least 80.00% equity." This time it was Zhou Fei's turn to shake his head and refuse.

Zhou Fei's investment in Human is different from those venture capital institutions on Wall Street. They only invest for cash, but Zhou Fei didn't travel thousands of miles to the United States to negotiate with Lin Hua and the others for this capital gain. What I like is the technological strength of this company!

If he can only get 20.00% of the equity, Zhou Fei will be powerless if the company's development does not match Mercedes-Benz's development strategy in the future. This is not what he wants.

If you want to do it, you have to be the major shareholder of the company, the kind who speaks out!
"Sorry, Mr. Zhou, 20.00% equity is our bottom line." Ramsey still shook his head.

The negotiations fell into a stalemate all of a sudden, and the two parties could not reach a consensus on the shareholding ratio, let alone the following terms.

Zhou Fei's brain was running fast, and he was thinking of any way to make the other party back down on the equity.

"How about this, I have a compromise solution here, I wonder if Mr. Zhou would like to listen to it?" At this time, Lin Hua suddenly said.

Zhou Fei smiled and looked at him, "Please tell me, Mr. Lin."

"Mr. Zhou should also know that this round of financing is only our first round of financing. If a start-up company like us wants to grow gradually, it needs to go through multiple rounds of financing. If Mr. Zhou is willing to subscribe for 20.00% of the equity this time, Then, for the next round of financing, we promise that Feichi will have the right to preemptively subscribe, what do you think?"

After Lin Hua finished speaking, he looked at Zhou Fei with a smile, but Ramsey beside him frowned slightly. Lin Hua didn't discuss this matter with him in advance, and it should have been thought of temporarily.

"Mr. Lin's proposal is very constructive. We will seriously consider it. Why don't we talk about it today, and both of us will think about it when we go back. We will continue the discussion tomorrow. What do you think?" Zhou Fei didn't say anything. Hastily agreed, but said so.

"Okay, then listen to Mr. Zhou." Ramsey nodded immediately without objecting.

***
After almost a day of flying, the group finally arrived at Nikolai's headquarters.

This trip to China can be said to have overfulfilled the task. Originally, it was only for investing in China. A powerful partner has been added on the road to globalization.

"Inform the heads of all departments to have a meeting in the conference room at three o'clock in the afternoon. I have something to arrange." After returning to the office, he said directly to the secretary.

Whether it is investment in China, cooperation with Baixun, or the development of new models, he needs to arrange this series of work without delay.

"Also, book me a ticket to Wolfsburg the day after tomorrow." Immediately afterwards, he continued to add.

For such a big investment in China, he needs to report to Dafeng's board of directors in person, and this time, he has the confidence to make more demands to the board of directors.

"Okay, President, I'll make arrangements right away." With that said, the secretary was about to go out, but before walking a few steps, he suddenly turned around and said, "President, Human replied to us yesterday."

"Well, what did they say, or did they refuse?" he asked looking up.

"Yes, but they have put forward two new requirements. One is to increase the quotation, and the second is to reduce the shareholding ratio." The secretary replied quickly.

"Then put this aside for the time being and let them hang out first." He replied without thinking.

(End of this chapter)