Chapter 154 Share Repurchase
"Mr. Philip, we will refund the RMB 1 billion that Sequoia Capital invested in Guangjia Aerospace to you, with interest calculated based on China's current interest rate." Li Rui He felt that he was also unlucky to be given such an important task less than a year after graduation and joining SDIC.
At first, he was quite happy to know that he was put in charge of connecting with Sequoia Capital. He thought it was an innovative project where state-owned capital and foreign capital would invest in a project together. It was a project worth writing on his resume. .
Who knows, in the end, he was asked to find Sequoia Capital to take back the shares of Guangjia Aerospace from Sequoia Capital. The price given was only the investment amount plus the interest during this period. The interest Still use the official interest rate to calculate.
If it were him, he would not agree. Guangjia Aerospace has many promising projects. Even if the return on investment is far away, this is a star project on the market. Just the investment project Guangjia Aerospace is worth it. Investment institutions came out to write special letters to investors.
This is especially true for overseas investment institutions. With the discovery of room-temperature superconductivity, China officially contracted the follow-up funding needs of Guangjia Aerospace, and latecomers did not even have the opportunity to invest.
This is an out-of-print and scarce resource that can only be bought with a mere amount of money.
"Mr. Li, we have met three times about this matter. It is impossible for us to sell such a promising project at such an insulting price." Philip was very angry. , in fact he saw that the person in front of him was a rookie.
Li Rui said earnestly: "Mr. Philip, this project only sounds gimmicky. In fact, its payback cycle is too long, it requires too much funds, and Sequoia's shares are very small.
With further financing, your shares will be diluted, and this project is completely useless to Sequoia.”
Philip said directly: "It's not you who have the final say whether it's worthless or not, but we have the final say. It's the investors who have the final say.
As far as I know, over in California, the members of the board of directors of Sequoia Capital have the final say , hailing Guangjia Aerospace as one of the most successful projects that Sequoia Capital has invested in in the past ten years.
If the most successful projects in the past ten years are useless, then Sequoia Capital’s ten. Years of hard work have been in vain.
We invest in people, not the company itself. Mr. Wright’s extraordinary qualities make us believe that he can lead Light Armor Aerospace to achieve the ambitious goal of space mining.
Once the goal is achieved, this share can bring hundreds or thousands of times of return to Sequoia. ”
Philip has been sent to Shenhai for a long time. He is very familiar with Chinese and knows some idioms at his fingertips.
"Mr. Li, let's put ourselves in his shoes, will you sell the shares of Guangjia Aerospace?"
He continued: "I know your intention very well, China does not want us to There are shares in Guangjia Aerospace, and they hope to return all the shares to state ownership, because they realize that Mr. Wright's goal is not a fantasy, but a goal that is possible.
They do not want foreign investment institutions to obtain excessive amounts from it. Profits, not to mention foreign investment institutions do not want to understand the operating mechanism, operating model, personnel composition, etc. of Guangjia Aerospace.
They hope to make Guangjia Aerospace a black box, not like what we do now. Everyone can see the audit report of Guangjia Aerospace and know what it will do this year
But this is unreasonable.
China has transferred such an important technology as normal temperature superconductivity to another company. According to legal principles, it should belong to Light Armor Aerospace.
We have not protested against this matter. China will continue to kill everyone and make us withdraw completely, and the offer given by us is not sincere at all.
This is unacceptable to us. If China forcibly does this, then we will join forces with the investors behind Guangjia Aerospace to protest, and we will issue a statement doubting China’s so-called desire to create a good business environment. Environment and welcoming foreign investment are just slogans. ”
Philip was so rude that Li Rui couldn’t resist.
In his opinion, this was a very serious accusation, and he no longer knew how to reply.
Unconsciously, the initiative was taken away by others. After Li Rui returned to the company, he roughly explained the matter to the master responsible for taking care of him. After hearing this, his master Li Jian laughed and said: " That’s right, you are unreasonable in the first place. Your problem is that you shouldn’t reason with him.
Forget it, let’s make another appointment with him. The boss is urging me to go with you this time.”
The next time I saw Philip was a week later. "Hello, Mr. Philip, I am also the project manager of SDIC. This time I am here to talk to you about the recycling of Guangjia Aerospace shares."
Philip's eyes widened: "There is no need to talk about this matter."
Li Jian said: "The reason why we are here to talk to you is to maintain dignity. This cannot be avoided by your refusal.
It is a fact, not a choice."
His tone There was a cold undertone in it, and Philip knew that this guy was not easy to fool.
Phillip first repeated the same rhetoric as before, and Li Jian smiled and said: "You probably won't believe this stuff.
That's right, it's forced.
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The upstream and downstream of chips include not only Americen’s technology, but also technologies from the Netherlands, Neon, Korea, England and many other countries. Why is it that only Americen can govern these companies and prevent them from cooperating with China, while other countries cannot do the same? ?
Even in the 1980s, when Neon dominated global semiconductor companies, they still had to obey orders from the White House. At that time, Neon should have had enough patents on semiconductors. Because the world is never unreasonable, and whoever has the biggest fist is the one who is right.
If Sequoia wants to continue doing business in China, then it must return the shares of Guangjia Aerospace. If not, then the shares are of no use to you. Might as well change some money.
If you agree, the price can be easily negotiated. ”
In fact, there were only three foreign investors who invested in Guangjia Aerospace. These three companies were threatened one by one. After they realized that this was the will of the country, they negotiated a little bit about the price, and finally they all had no choice but to accept it.
It makes sense to have a big fist. Alima was able to separate Alipay from Alibaba and establish Ant Financial, regardless of what investors thought. It is even more unreasonable for China to want these institutions to withdraw their shares. easy.
Of course the price is still a bit higher, and in the end the interest is calculated at an annual interest rate of 15%.
After the matter was settled, when Li Rui and Li Jian boarded the flight back to Yanjing, Li Rui asked curiously on the plane: "Teacher Li, why did he obediently agree when you mentioned it?"
Li Jian tore off the steam goggles and put it on his face. At the same time, he leaned the seat as far back as possible to make resting on the plane less uncomfortable. Then he said without turning his head: "Because this is not me informing him. , China is notifying America.
He knew he couldn't refuse. The reason why he hadn't agreed before was because you were too talkative.
Being able to send someone to inform him is enough to give him face. If it were Amerikan, we would have to see the news that we were kicked out from the news. "
On the other side, at Mianyang Airport, Lin Jia is about to board a plane back to Yanjing to prepare for the launch of Xiaomi cars. This is Xiaomi's top priority before the end of the year.
"What? Is it Project 712? ”
Chen Yuanguang explained: “7 means 7nm, and 1 means 1nm. Together, we need to use the 7nm process to manufacture chips with computing power comparable to the 1nm process. The last 2 is time, which takes two years to achieve this goal.
Two years is a conservative estimate. I would say it won’t take two years. "
"I understand, I also have some spare money on hand, and I want to go short Apple. ”
“This Xiaomi car launch conference will bring surprises, and there will definitely be black technologies that you didn’t expect. "
"It's amazing that Mr. Lei and Guangshen teamed up to build a car. Mr. Lei is already awesome, and Guangshen is even better than him. The car these two people jointly built is definitely something you have never seen before. "
"I have talked with Xiaomi Auto insiders before, and this conference will definitely have surprises, using a lot of the latest black technology from Guangjia Technology.
It is exclusive to Xiaomi Auto and can make everyone feel wowed. Of course, the price will also be wowing. "
"I have already gone to test drive their top-end version and signed a confidentiality agreement worth RMB 6 million. I will tell you some things that everyone is concerned about.
I don’t know if the technology it uses is room-temperature superconducting, but it doesn’t look like it from experience. Because of the previous wave of room-temperature superconducting fires, I learned a lot of popular science on Douyin. Similar to videos, room temperature superconductivity has never been seen to have this effect.
In short, the experience is very special. It depends on personal preference. Anyway, I quite like it because this experience is unique and no other car can give you this feeling.
The price will definitely not be cheap. I think you can buy it without thinking if it is less than one million. Of course, I am talking about the version I experienced. They should have many versions. ”
On the eve of Xiaomi's technology conference, a group of KOLs have begun to build momentum on major platforms. Those who have test-drove are full of praise, especially those who have test-drove the Ultra model and are full of praise on Douyin.
The question that netizens are most concerned about is whether Xiaomi cars use black technology related to room temperature superconductivity.
Some bloggers who lack basic scientific literacy swear by it because they don’t know why the sound effect is so amazing, and they think it is the effect caused by room temperature superconductivity.
More bloggers are more cautious and only say that no other car company has done this thing.
Lei Jun’s own traffic is large enough. After adding Chen Yuanguang, the effect is even more amazing than the superposition of One Plus One. For a while, netizens felt that Xiaomi Auto dominated the major social media screens.
Xiaomi Automobile's press conference is divided into two parts. The technical conference is held at the end of December to give you an idea of Xiaomi Automobile. The official conference is held at the end of March to announce the price and specific parameters.
This time is no exception.
“Dear rice fans, please allow me to report to you the latest progress of Xiaomi Auto.”
“In addition to the Xiaomi Su7 just introduced, we have also prepared for you friends The special surprise is the Ultra version." Lei Jun was calm and composed on the stage, and he didn't know how many times he rehearsed before starting.
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(End of this chapter)