Reinventing the Millennium

Both closed-door meetings at Bingxin came to an abrupt end.

Mr. Fang seemed to be considerate and offered a third way, but this way didn't work at all.

Although Bingxin is a company that faces additional risks due to its particularity, it still hopes to make huge profits before the risks come. Goldman Sachs has waited seven years, so how could it possibly withdraw now?

Even, because Goldman Sachs has always been well-informed, it may not mind if the stock price is pushed higher and the risks are closer before exiting.

However, Yasen from Goldman Sachs suddenly felt deeply about what Xiong Xiaoge said, "He is a big shot, and I am just a small investor."

Mr. Fang's attitude at the two meetings was very tough. There was no room for discussion at all. He left as soon as he wanted and changed his attitude whenever he wanted.

I'm afraid that my status is not enough to be qualified for this round of dialogue. If CEO Lauder can come, Mr. Fang will definitely...well, not necessarily.

I heard that Mr. Fang was also arrogant during the two times when Yike stock market was in trouble. Now that he has returned to China, he continues to hinder Goldman Sachs' business in China.

It won’t work even if Lord comes!

I wonder if replacing him with the old Paulson would have any effect. I have to give him some face, right?

It's hard to tell, Heng Lung has a square dog that bites and won't let go.

Yasen suddenly felt better when he thought about it.

It seems that the two private equity firms in Europe have some problems now, but I don’t know whether they are all problems or part of them. But the current situation is that the three institutions are really on the same front.

Good news: There are still three organizations that are closely aligned.

Bad news: There are only three.

At the end of this meeting, Yassen did not force Xiong Xiaoge to stay. What he did now was to contact the United States and to consolidate the defense line with DCM and Deutsche Bank.

…

Xiong Xiaoge wanted to meet Mr. Fang that evening to talk about ice core financing. Unexpectedly, after the call was made, the secretary would transfer it and he learned that he had other arrangements for the evening and could only meet again the next morning.

He couldn't help but feel a little sad.

Co-authors really treat everyone equally, right?

The next morning, Xiong Xiaoge, still angry, walked into the CEO office of Hang Lung 23 and saw Mr. Fang thoughtfully by the floor-to-ceiling window.

"Mr. Fang, are you busy? Do you have time to meet investors?" He started to complain.

"Xiao Liu, give Lao Xiong the big red robe given by the business group." Fang Zhuo turned around and smiled, first commanded the secretary, and then said, "I'm really busy. We're welcoming the acquisitions from Zhangjiang these days. Come forward, Sony’s visit has something to discuss, and last night I sent Stringer to Sony.”

Liu Zonghong took out the exquisitely packaged gift box, placed it on the table, and then poured tea and said helpfully: "I know Mr. Xiong likes to drink tea, so Mr. Fang left this specially."

Xiong Xiaoge picked up the tea cup, walked slowly without saying a word, suddenly pulled the drawer where Liu Zonghong had taken the gift box, and then slowly walked back to the sofa.

"Beat him out, beat him out with a stick!" Fang Zhuo pretended to be angry.

Liu Zonghong was stunned for a moment before he realized that this bear always suspected that the drawers contained similar gift boxes, specially used to send people away.

This, this Mr. Xiong...why is he so dirty in his heart...

Xiong Xiaoge took a comfortable sip of tea, leaned on the sofa and said critically: "It's time to change your sofa, it's a bit hard."

"If you have nothing serious to do, just take the tea and leave." Fang Zhuo couldn't laugh or cry.

"I just came to ask how you specifically arranged the financing." Xiong Xiaoge took a simple call from Mr. Fang before traveling from Beijing to Luzhou, and then simply flew to Luzhou without talking in detail. .

"There are no arrangements. I am telling the truth. If I don't pay for it, I won't put it on the market for the time being. There is no rush to put the ice core on the market." Fang Zhuo said calmly.

Xiong Xiaoge noticed that the rhetoric has changed, and it is that it will not be listed for the time being without spending money.

He sighed: "Mr. Fang, your words make me, a shareholder, feel cold. I also want Bingxin to be listed as soon as possible..."

Fang Zhuo smiled gently and said, "Old Xiong, you can understand our ice core."

Xiong Xiaoge can only understand that although he acquired the IDG brand, he mainly works domestically.

This matter can be used as a convenient reference. People like Wang Fengyi know that they invest money in Bingxin's Shanghai No. 3 Factory. This is an implicit return in addition to monetary returns.

In the same way, he also has his views on the performance of these two meetings, and the implicit rewards are also rewards.

"Whether it's in Luzhou or here, I have this attitude, either pay according to the valuation, or just wait." Fang Zhuo took a sip of tea, "If you don't think it's rude, Bingxin informed them on the phone That’s all.”

This is the bottom line that cannot be reconciled and does not require reconciliation.

Fang Zhuo didn't think too much this time. He passed on the bottom line of spending money if he wanted to go public. If he waits a little longer, maybe someone will put pressure on him, but it's not that urgent after all.

After hearing what Mr. Fang said, Xiong Xiaoge felt that she was not polite at all now.

Fang Zhuo asked again: "Old Xiong, what do you think?"

"Goldman Sachs and DCM are quite stubborn." Xiong Xiaoge said seriously while talking about his observations in the past few days, "I think Deutsche Bank may be a breakthrough point. After all, it has a joint venture with Bingxin."

"Deutsche Bank's Chelsea is listening more and talking less these days. He is wary. Although he has always expressed his attitude, he seems to be appeasing."

He made another suggestion: "Since it is going to take money from Deutsche Bank, why not give it a try? All the money it takes out this time is promised to be used to expand the production capacity of German factories in the future. As for whether to expand in the future, that depends on It’s judged based on various factors.”

Xiong Xiaoge felt that there had to be a step down, and if one family could be eliminated, the follow-up progress might be accelerated.

"I knew it would be useful to call you Lao Xiong. After all, you have a lot of experience on both sides." Fang Zhuo praised, then considered, "It may have some impact on my credibility. I and Germany are not It takes two or three years to deal with it.”

Xiong Xiaoge doesn't think so: "Times change, and things happen from time to time. What's more, according to your normal plan, the production capacity or technology of the ice core factory in Germany has not been improved? Isn't it like this?"

He added: "As far as I know, Germany's Infineon is not that keen on the research and development of advanced processes."

"Well, the types are different. Infineon has calmed down after selling off one after another." Fang Zhuo said casually, "Investment in advanced processes is increasing, and several large manufacturers are already transforming into light wafer fabs. ”

The so-called "light wafer fab" means that companies such as Fujitsu and Panasonic have begun to outsource part of their manufacturing to other fabs, while retaining part of the manufacturing process themselves to ease the pressure on funds and investment. Generally, it is a mature process that cannot bring advantages.

However, there is an obvious problem with this compromise model. Once production capacity is tight, the outsourcing link is likely to be delayed in the delivery cycle. If it is delayed for a year and a half, the day lily will be cold.

Like Sony, Fang Zhuo met Stringer again after he responded and talked about similar topics. Sony has a big capital hole and plans to engage in outsourcing. This is another space for cooperation with Bingxin.

Xiong Xiaoge discussed: "In this case, ice core technology can be transferred to Germany. Who can have too much advanced technology?"

Fang Zhuo didn't answer immediately after hearing this. He took a few sips of tea and said with a smile, "Ice core technology can also be transferred to other countries. It's really good."

Xiong Xiaoge understood that this was probably some kind of emotion from the head of the ice core, and still said matter-of-factly: "There must be a lot of advanced technology outside, but those technologies may not be willing to go to Germany. Since ice core has a production line in operation, you can just say it." Gold content.”

"Yes." Fang Zhuo nodded, considered the competitive situation of the German factory, and said, "I asked Bingxin to communicate with the German side. Anyway, I will use their money to do their things."

Xiong Xiaoge smiled helplessly and said, "Mr. Fang, you really didn't make too many arrangements this time?"

Fang Zhuo shook his head: "No, it's not me who is anxious. Just wait if you want."

Xiong Xiaoge wanted to reiterate his position again. Mr. Fang, I am also an institutional shareholder of Bingxin. I also want to join in ringing the bell as soon as possible. I am also anxious.

But he took a deep breath. Today is indeed different from the past. Mr. Fang doesn't have to make so many arrangements. However, the two are equally hateful.

Xiong Xiaoge drank two cups of tea and continued to chat about his observations over the past few days.

Although the agency trio were wary, they could still have normal conversations with each other.

Fang Zhuo listened attentively. When the logic in his mind was almost complete, he motioned to his secretary Liu Zonghong to call Bingxin and let Luzhou and Germany conduct some exchanges on future production capacity and technology.

"Mr. Fang, I heard that Yike is going to hold a year-end party?" Xiong Xiaoge chatted about light things as he was about to leave.

"Absolutely. It's also an Internet party to celebrate our leadership in the field of communications." Fang Zhuo said with a smile, "Do you want to come and see it then?"

Xiong Xiaoge said politely: "No, the Yike Department is holding a year-end party. Can I, the director of Bingxin, come?"

Fang Zhuo cooperated and said excitedly: "If Mr. Xiong doesn't come, the party will not be held."

"No, no, I will definitely be there." Xiong Xiaoge said with a smile, "Bring your family to watch the party."

Fang Zhuo got up and saw Lao Xiong out.

When he casually chatted with others outside for a few words, he returned to the office. Bingxin had already said that he had had a simple call with the German side, and would also talk to Deutsche Bank about future loans and discounts.

As Lao Xiong said, the ice core itself also has production capacity and technology planning, which can be used as an opening.

Fang Zhuo thought briefly for a while and suddenly asked his secretary: "How is the bidding situation in the capital?"

"It will probably be released as early as the end of the month. Several major Internet companies have shown high interest, and Penguin is very active." Liu Zonghong immediately answered the question.

Fang Zhuo nodded, Qi He had been quite concerned about this matter recently.

He changed his mind and relaxed his expectations for Bingxin's financing. He didn't want much, and he didn't have much to do. He already had core customers in private equity. This time, he also wanted to see if he could expand his interests.

…

"Made, Fang wants too much!"

"Speak louder, the wind and waves are so strong today!"

"I said, the person named Fang wants too much!!"

On October 17, the three organizations that were waiting patiently in Shanghai could not get any repentance from President Fang, and there were no effective instructions from the headquarters, so they could only continue to suffer.

In the afternoon, Goldman Sachs Yasen, who loves sea fishing, saw that the people in Yike Company were quite friendly, so he tentatively made a request and wanted to go out to sea for a walk.

Soon, he was satisfied.

There is a "Happy Together" in Shanghai, which is a modified "Happy" borrowed by Sohu Zhang Chaoyang. It has always been the favorite of Zhou Xin, the president of the medical department, who often goes to sea.

Now that I have some free time, I can just go out to sea for a trip.

The teams from the three institutions had been in China for more than a week. They were waiting at Hang Lung and at sea, so it was considered a short vacation.

The "Happy Together" was originally prepared for sea fishing, and it had everything it needed, which made Yasen and the other three very satisfied. However, it was inevitable to discuss this financing while fishing.

The person named Fang wants too much! Too cruel!

The four companies spent a total of US$1.5 billion, and IDG was an additional addition, which was not needed in the first place.

No matter what, we cannot give in.

Yassen was good at fishing and soon had many harvests, but he was still aggrieved by Fang Zhuo's tough attitude.

As he was fishing, he suddenly noticed a difference in the expression of Chelsea from Deutsche Bank. He was moved in his heart and asked: "Chels, the most important thing for us to face the ice core this time is to maintain our toughness."

The shareholding ratio of the three companies is not small, and they are well-known around the world. The situation can slip in an ugly direction.

Chelsea was silent. He had just called the headquarters in Frankfurt at noon. Things may have changed, but he hadn't had time to talk about it yet.

He said nothing and glanced at Yasen.

Yassen was shocked when he saw Chelsea's eyes, which were extremely sharp!

Bad news: There may only be two left!

Chelsea was silent for a moment, but finally spoke, honestly talking about the latest news: "The ice core plans to upgrade the manufacturing process in Germany in the next few years, which may have an impact."

"How many years in the future? Such a vague concept is empty talk!" Yassen shouted, "Don't be fooled by this simple trick!"

"We've caught fish!" DCM Denton next to him suddenly shouted, "There's big stuff! Help!"

Yasen became energetic and took two steps to help.

However, there were some wind and waves in Japan today, and the "Happy Together" suddenly encountered a wave from the side. Yasen tilted under the tilt of the ship's hull, and he missed and was knocked into the sea.

Denton was shocked and grabbed the fishing rod tightly.

Bad news: Yassen fell into the sea!

Good news: The big stuff is still available!

Chelsea was also shocked and clutched the railing tightly.

Bad news: Yassen is not wearing a safety harness!

Good news: Yassen is wearing a life jacket!

A thought suddenly came to his mind, if someone from Goldman Sachs gets into trouble with Yike... Bad news, Yasen is wearing a life jacket!

Without thinking much, the professional seafarers on the ship had already begun rescue operations, and emergency calls were also reported to the company.

After receiving the call, secretary Liu Zonghong immediately broke into the president's office and informed the boss who was on the phone that he had the latest situation.

"The person from Goldman Sachs fell into the sea, and it was Yassen." He said.

Fang Zhuo was shocked: "Are you saving me? Can you save me?"

"We are rescuing, the wind and waves are strong today." Liu Zonghong replied.

Fang Zhuo frowned. This was something he didn't expect. Is Yasen from Goldman Sachs so loyal and brave?

He thought more about it, why did he suddenly go to sea today when the wind and waves were strong? Is it Yasen who wants to go to sea, or those two families? With a huge amount of dollars, anything can happen.

What bad changes can this bring?

Fang Zhuo was pacing, grabbing the ground with his head, right?

"Goldman Sachs can come up with any idea." He said with conspiracy theories.

Liu Zonghong nodded, yes, why did he suddenly fall into the sea at this juncture? He wanted to throw dirty water on his boss, right?

"You think they did this to confuse the situation?" Fang Zhuo was a little unsure.

Liu Zonghong reminded: "Mr. Fang, Yasen is still rescuing him."

No one is dead yet.

Fang Zhuo said "hmm" and thought about the worst-case scenario.

Five minutes later, Liu Zonghong received a call from Haihai. The good news was that Yasen had been rescued.

"He couldn't have been pushed down, right?" Fang Zhuo also breathed a sigh of relief, but he was still confused.

Liu Zonghong stopped speculating.

Fang Zhuo thought about it carefully and found that the trick of slipping and falling into the water was quite touching.

"When they come back, inform them that financing can be discussed, and ask them to wait here and stop running around." He shook his head, "I will communicate with the people above."

The trio returned to land after going to sea, feeling that they had received some good news.

After three days, Mr. Fang at least had news and stopped waiting.