Chapter 40 They have no choice

After hearing what Kong Weiquan said, Xu Shenxue immediately picked up the relevant information of Blue Mountain Investment Fund Company and read it carefully.

After reading for about ten minutes, Xu Shenxue put down the document and said, "We continue to maintain good contact with Blue Mountain Fund. As for their additional requirements, this is not a big problem. We are a local company, and it is our responsibility to create more and better jobs and contribute tax revenue to the local area."

After thinking about it, Xu Shenxue said: "If we can come to an agreement, we will arrange a special round of financing plan for them later, which will be involved with the current commercial financing!"

This Blue Mountain Investment is a little special and needs special treatment!
If we can get Blue Mountain Investment involved, many subsequent things will be easier to handle. At least we won't have to worry about competitors using some underhanded tricks.

After putting the Blue Mountain Investment proposal in the drawer, Xu Shenxue continued to look at other investment letters of intent, which were much more normal.

Basically, they are some large venture capital institutions currently active in China. Many of them are well-known and have led the investment and listing of a series of large unicorn companies.

They also have resources from all aspects. After all, these large investment institutions invest in a wide variety of companies and have extensive reach in the high-tech field, which can effectively promote cooperation between investment companies.

Kong Weiquan said: "When the people from this Red Letter Investment Fund came to talk to me some time ago, they clearly stated that as long as they invested in Zhiyun Technology, they could help Zhiyun Technology to establish strategic cooperation with related large Internet companies in Internet promotion."

"Among them are Jingxi and Dimao Mall, two very important online sales channels."

"There are also some technology product review websites, comprehensive portals, etc. They can also help promote new products."

“If we can reach a cooperation, it will be of great benefit to our brand building, product marketing and promotion, and online channel construction in the future!”

"There is also Huanghai Investment, which is a long-established large-scale investment fund in China. They have always focused on investing in high-tech real industries. Since last year, they have focused on investing in the smart device supply chain and have invested in many smart device-related science and technology companies, including screen and battery companies, as well as several chip IC companies and optics companies."

"For example, Landing Technology, a company they invested in, makes multi-touch ICs, and I heard that it has achieved some great results."

Xu Shenxue didn't know much about Huanghai Investment, but he was quite familiar with Land King Technology because the company was originally one of the suppliers of Wecoo Electronics. It mainly produced some mid- and low-end feature phone chips, and its main customers were some domestic mobile phone manufacturers, including Wecoo Electronics.

Last month, a senior executive of the other party even treated him to a dinner.

The shipment volume of mobile phones of WeCool Electronics is increasing, and the other party also attaches more importance to WeCool Electronics as a customer.

Xu Shenxue heard at the dinner table that they were developing a multi-touch IC chip and had someone get in touch with it, but he heard from the people at Landing Technology that this thing was quite difficult and could not be developed in a short time.

Huanghai Investment has a good vision. It invests in companies with great potential and good technological research and development capabilities.

According to Xu Shenxue, as long as Landing Technology does not fail midway and its R&D funding can be maintained, it will only take a year or two to develop a multi-touch IC, and then they can reap the rewards.

After all, there are not many manufacturers in the world that can make multi-touch ICs!

Even if the multi-touch IC technology is not very good and can only go for the mid-to-low-end route, it will still be enough to support Land King Technology.

Huanghai Investment has a good vision and is betting on the smart phone sector, which is why Huanghai Investment found Zhiyun Technology.

Huanghai Investment has invested a lot in the smartphone supply chain, but has not invested in a single mobile phone manufacturer... However, they urgently need to invest in a mobile phone manufacturer to integrate the smartphone supply chain manufacturers they invested in now and in the future, to play a role of mutual support and reinforcement.

Finally bring rich returns to their investment!

But there are many such mobile phone manufacturers! At this point in time, there seem to be more than a dozen domestic companies engaged in smart phones, but there are only four or five companies with serious R&D teams.

Many large mobile phone manufacturers that seem to be well-known and powerful do not even have a complete R&D team.

What’s more important is that, except for Zhiyun Technology, all other companies that have smartphone R&D teams are large companies. They don’t lack R&D funds and production and stocking costs... What they lack is a mobile phone that can sell well.

This is something that investors cannot bring to them directly, or even provide much help.

Other mobile phone manufacturers ignored the capital, which led to the fact that across China, there was only one smartphone manufacturer that could accept investment... Zhiyun Technology!

So you can imagine how crazy the people in these investment funds were after Zhiyun Technology emerged... In this crazy new smartphone track, the doors of other cars have been welded shut, but the new car of Smart Technology is still selling tickets, but the seats are limited, and it's on a first-come, first-served basis, and the highest bidder wins.

And once you miss this, who knows if you will have another chance to enter this track...

They have no other choice!

You have to know that smartphones are not some ordinary Internet startup. At present, there is no comprehensive solution from Lianke. The technical threshold for smartphones is still very high. It is not that any startup company can just come and say they want to make smartphones and then do it. Without a R&D team of one or two hundred people, you really can’t do it!

However, in the current smartphone talent market, all senior engineers have non-compete contracts. If you can’t even poach people, how can you build a research and development team?

Not to mention startups, even those old domestic large-scale mobile phone manufacturers can’t find enough people to form R&D teams.

You think that big companies don’t have money or are unwilling to spend money on research and development? Well, those that have money are willing to spend money, but the problem is that there are no people in the current talent market... Unless you really want to be a sucker and pay ten or even dozens of times the price and the penalty for breach of the non-compete agreement to poach people, but if you do that, you’d be a fool.

Therefore, the smartphone industry is very different from the Internet... Internet companies have a new model, and you can easily form a similar team and directly work on similar projects without worrying about not being able to enter the track.

However, there are only a few players in the smart phone market, and except for Zhiyun Technology, all others refuse to accept investment and are extremely unfriendly to latecomers!

What can these investment companies do? They are also helpless!
So now when they see Zhiyun Technology, they all rush to it, fearing that they will miss the opportunity and not be able to participate in the new smartphone track.

In just about half a month, Zhiyun Technology received investment intentions from dozens of investment companies. Putting aside those random investors, all the remaining well-known venture capital firms came after smelling the fishy smell.

There is no way, the 3G communications industry is so hot and special in 09.

Smartphones are the core industry in the 3G communications industry, so it is understandable that they have received much attention... Not to mention these ordinary capitals, even the local special capital Blue Mountain Investment came to ask if we need financial support.

This is Zhiyun Technology’s current position in the industry…the only investment option!

Xu Shenxue’s problem now is how to select a few suitable ones from these investment funds for financing. He needs to consider not only the valuation and the proportion of shares to be transferred, but also the various resources brought by the financing.

After reading through the dozen or so investment intentions in his hand, Xu Shenxue handed out the report in his hand and said, "There is still some time now. You should have preliminary discussions with each of the Fengtou companies. Put aside the valuation for the time being and focus on understanding the various resources behind them and their attitudes."

“As for the valuation and the actual financing negotiations, let’s talk about it after I finish the press conference!”

Kong Weiquan said: "I understand. I will use the last ten days to find out their situation and prepare for the negotiations after the new machine launch conference!"

After Kong Weiquan went out, Xu Shenxue stood up and walked to the glass window of the office!
(End of this chapter)

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