Chapter 700 $40 Million
(Chapter 700, thanks to Li Shugen for the 1,000 starting coin reward, thank you!)
Kamil needs financing. But he can't sell his shares at a low price. Especially, he can't let others cannibalize them. After all, this is his ancestral property.
"I can give up up to 15% of my shares!" Camille said, "But if you want to buy it, you must give at least US$40 million."
The current market value of the entire company is almost worth a little over 100 million US dollars. After all, the company has been split up several times, and there is currently a lot of disunity.
More than 100 million U.S. dollars is already very high. Logically speaking, selling 15% of Qin Feng's shares would only cost 20 million U.S. dollars.
However, Camille also has selfish motives. He also spent a lot of money and thought to inherit the Forging Hammer Company. He always wants to make money, right?
Capitalism is already here, and who doesn’t want to make more money? So, if Qin Feng can, he can take away all the shares for 40 million U.S. dollars.
Qin Feng curled his lips.
I don’t have that much in my own account. Before that, I bought the technical copyright of Time Warner’s cable modem and paid US$20 million.
Originally there were more than 40 million US dollars, but only more than 20 million US dollars were left. Fortunately, boss Yan took away another batch of goods last week. Therefore, Qin Feng now has 33.7 million US dollars left on his books.
This is still far from US$40 million.
Besides, Qin Feng still needs to buy equipment, which will cost money.
Moreover, follow-up investment in Brazil still costs money. Brazil's iron ore is currently supplied to its own steel plants. It can be said that the money invested by Qin Feng cannot directly bring back profits.
At present, the steel plant is indeed making money, but because its production capacity is not enough, all the money it makes is used in new production lines. Even if it makes money, it will give priority to repaying the loan.
After all, the original tens of billions of loans were not a small number.
I don’t have that much money.
"President Camille, 40 million US dollars is a bit too much." Qin Feng was about to speak but was interrupted.
"Mr. Qin, you should know that there are many people who want to invest now, and your identity is very sensitive. The price is indeed not cheap, but you have no right to bargain! The fixed price is 40 million US dollars, if you want it, I
I'll give you 15% of the shares. If you don't want it, just go ahead!" Kamil interrupted Qin Feng rudely and did not give Qin Feng any right to bargain.
Qin Feng thought for a while and agreed directly without thinking too much.
"Okay, 40 million, just 40 million US dollars." Qin Feng gritted his teeth and agreed.
Buying 15% of the shares of the Forging Hammer Company is of great significance to Qin Feng.
The reason is very simple. Chinese people want to buy advanced machine tools and equipment, but they have difficulty. Whether it is CNC machine tools, stamping machines, forging machines, or the most advanced automation systems, they cannot buy them.
It’s not that you can’t buy it, but you can never buy the most advanced ones. Then your industry will never reach the top international level.
In later generations, China's industry will be the world's largest industrial country. But it will never be an industrial power. Because your craftsmanship level cannot be reached.
Even though China has invested a lot of money in research and development, the gap is calculated over hundreds of years. No matter how fast you rush to catch up, it will still take enough time.
Therefore, Qin Feng had no choice.
With a Czech forging hammer company, you can buy the most advanced equipment. You know, during the Anti-Japanese War, for the Eighth Route Army, a machine gun made in the Czech Republic was a super awesome thing.
In this way, our own factory, not to mention automobile technology, can reach the world's leading level in technology. There will not be many deviations, especially in the vehicle assembly, it will also reach the world's leading level.
Not to say it is the best in the world, but at least it is the leader in the world.
Of course, not only this aspect, but other industrial aspects can also be greatly improved. However, it is impossible to comprehensively improve China's industrial level by relying solely on a Czech forging hammer company.
After all, it is not the world's top mechanical equipment company. But there is no doubt that it can improve Qin Feng's own heavy industry standards.
Hearing that Qin Feng agreed, Camille's eyes lit up with joy.
The extra 20 million sold will fall into his own pocket. After all, he does not have the final say in this company alone, there are other shareholders.
It's just that he is the major shareholder and has the right to speak. Now if he gives 20 million to the company, he can still get another 20 million US dollars, and he will become a rich man in an instant.
20 million US dollars, in 1997, was a very huge sum of money, both in China and the West.
Immediately, Kamil asked someone to draft a contract.
"President Camille, I have one more condition!" Qin Feng stopped President Camille.
"What conditions?" President Kamil frowned.
"The conditions are very simple, that is, China will send people for internships, and you have to accept them." Qin Feng said, "Of course, they are all workers with many years of experience in related machinery manufacturing. It's just that they may not be familiar with some modern automatic machinery!
"
It’s not enough to just have equipment, you also need skilled workers.
"This matter is easy to talk about, so it's settled!" Camille breathed a sigh of relief. As long as Qin Feng gives money, anything can be said.
Internships for skilled workers are not a bad thing, but a good thing. Because the Czech Republic is also in short supply of skilled workers. There is no way around it. It was the fault of the former Soviet Union, which led to many Czech skilled workers being poached or monopolized by the former Soviet Union.
In addition, in today's society, many young people are not willing to work in the mechanical field, so there is also a certain gap among them.
The shortage of skilled workers is an embarrassing situation in many Western industrial countries.
Agree? Qin Feng didn't expect the other party to agree so quickly. But this is a good thing.
"Mr. Qin, I am going to convene the company's board of directors to discuss this matter. Believe me, as long as you prepare the money, we will be able to sign a contract soon!" Kamil went directly to the company with the preliminary intention contract signed by both parties.
board of directors.
Qin Feng left to start raising money.
"Brother, how much money do you still have in your account? I need it urgently!" Qin Feng asked.
"I have no use for the money since I bought Microsoft stocks before. If you want money, I will call you as much as you need." Shi Dazhu said.
Shi Dazhu never cared about the huge amount of US dollars in this account. Because the money came from unknown sources, it made him uneasy. Therefore, he treated it as if it did not exist.
Otherwise, if you value it too much, you will be heartbroken if it is confiscated one day.
"Thank you very much, brother. Lend me as much as you have." Qin Feng said happily.
Subsequently, Shi Dazhu transferred all the more than 12 million US dollars remaining in the account to Qin Feng's account.
As a result, Qin Feng still has 45 million US dollars left in his account, which is enough to complete the transaction! He can also bring back a lot of lathes, punches and other state-of-the-art equipment.
Chapter completed!