Because the identity of the other party was unknown, Yang Yuan was very cold, even arrogant and dismissive.
So Yang Yuan immediately said, "We highly welcome Jiangnan Group to reach a strategic cooperation with our Fantasy Computer, but cooperation is based on the value of both parties."
"So, may I ask how much premium Jiangnan Group intends to invest on Fantasy Computer's current stock price?" Yang Yuan's words fell, and Jia Yapeng's expression on the opposite side changed slightly. At the same time, he sighed that Yang Yuan was really bold to negotiate based on Fantasy Computer's current market value.
It is known that after Fantasy Computer's total market value increased by 35% in two consecutive days, its total market value has now reached over 160 billion Hong Kong dollars. If the planned sale of 20% for financing remains the same, it means that Jiangnan Group will have to spend 32 billion Hong Kong dollars, or more than 4 billion US dollars, to acquire 20% of Fantasy Computer's shares.
Therefore, this price is 1 billion US dollars more than the rumored price of 3 billion US dollars released by Fantasy Computer. This Yang Yuan is really daring to ask for the sky.
Jia Yapeng did not tolerate the other party. After listening to their offer, he said very frankly, "When I came, the headquarters had already given me the bottom line, which is that the acquisition price per 1% of shares shall not exceed 50 million US dollars!"
Good heavens, one side is asking for an exorbitant price, and now this one is starting to bring it down to earth.
If 1% of the shares is only 50 million US dollars, then Jiangnan Group is only willing to spend 1 billion US dollars to buy 20% of the shares. This price is only one-fourth of what Yang Yuan quoted. This is like punching a fist directly into the abyss.
"Young man, do you think I will believe your nonsense?" Yang Yuan's face instantly lengthened, and he stared at Jia Yapeng angrily.
"It's not nonsense, it's the truth. I really only received this authorization!" Jia Yapeng said without backing down.
"Then there's nothing to talk about! I'm feeling a bit tired now. You can go back first, and I will arrange for others to negotiate with your side later!" Yang Yuan stood up and saw the guest off decisively.
"Okay!" Jia Yapeng stood up and said, "But President Yang doesn't need to arrange for others to talk to me. It's meaningless to talk to them. I'll talk to you again when President Yang's health has recovered."
After speaking, Jia Yapeng walked to the door, but stopped there. At the same time, he said lightly, "But President Yang, I forgot to mention one thing. I am someone who likes to drink. If the negotiations are not smooth today, once I leave this door, I will definitely go to a bar to drink tonight."
"If I happen to let slip that Fantasy Computer refused Jiangnan Group's investment, I don't think you will blame me for my drunken indiscretion, right!" After Jia Yapeng finished speaking, he left directly. However, when he reached the elevator door and pressed the down button, Yang Yuan's secretary had already chased out and invited Jia Yapeng back with a smile, making him sit opposite Yang Yuan again, but at this time, the expression of this President Yang was already enough to eat people.
"You are threatening me!" Yang Yuan said.
"No, it's not a threat, it's just learning some advanced technologies and experiences from some people!" Jia Yapeng smiled.
"Okay, to be honest, I do have a strong desire to cooperate with Jiangnan Group, but the price you offered of 50 million US dollars per share is too ridiculous. I absolutely do not believe that this is your company's bottom line. This must be a number you made up on the spot!" Yang Yuan said directly.
"You can't say that. Although this number was indeed made up by me just now, before I came, our Chairman Huang had already given me full authorization. I can freely decide the entire negotiation and quote according to my wishes. I only need to report the final price for approval, but Boss Huang said that as long as the price is not too outrageous, then everything is up to me!"
"Heh heh!" Yang Yuan gave a dry laugh. Of course, he didn't believe the other party's nonsense, but he still smiled and said, "Since that's the case, then this price can be changed!"
"That depends on your attitude. Do you really think that a price increase of 35% based on mere rumors is a price that our Jiangnan Group can accept?" Jia Yapeng said.
"Okay, then we won't play these unnecessary tricks. Based on our Fantasy Group's initial offer, buying 20% of the shares for 3 billion US dollars, that should be acceptable, right!" Yang Yuan said.
"Heh heh, that's interesting. This price of 3 billion US dollars was just a smokescreen, the bottom line exposed before the negotiation. Can this still be the real bottom line?" Jia Yapeng said, "However, since President Yang is being so frank, I'll also tell you the truth. I can increase the price to 80 million US dollars per 1% of shares, which is our real bottom line."
"1.6 billion US dollars to buy 20% of Fantasy Computer's shares? How is that possible?" Yang Yuan angrily slammed the table. The two sides then engaged in negotiations for several hours over the price, with every cent being meticulously calculated, and the entire process was extremely arduous.
In the end, Jia Yapeng's offer reached 2 billion US dollars for 20% of the shares, while Yang Yuan's price remained fixed at 2.5 billion US dollars.
"Alright!" Facing such a stalemate, Jia Yapeng suddenly compromised, "2.5 billion US dollars for 20% of the shares is not impossible, but 20% is not enough for us. We need at least 51% of Fantasy Computer's shares."
"You..." Yang Yuan gritted his teeth upon hearing this. "You really have ill intentions. You want to acquire our Fantasy Computer."
"How is that ill intentioned? It is precisely because we have good intentions towards Fantasy Computer that we want to acquire it!" Jia Yapeng smiled. "If Mr. Yang thinks that's not enough, we can directly conduct a privatization acquisition of Lenovo Computer, and thus completely take over all of Fantasy Computer's shares. That's not impossible either."
"See the guest out!" Yang Yuan waved his hand directly. Jia Yapeng said no more and left.
Then that evening, Jia Yapeng did go to a bar, and he even invited two or three influential figures from the industry. After getting drunk with two beautiful women, he directly announced that the negotiation had failed.
A few days later, Fantasy Computer's earlier 35% increase not only fell back completely, but even fell by another 10% from its initial stock price.
At the same time, Fantasy Computer's board of directors sent an inquiry letter to Yang Yuan, questioning why he had a falling out with Jiangnan Group and demanding a detailed record of the entire negotiation process.
Faced with the board's request, Yang Yuan naturally could not refuse. Moreover, he was confident that once the board saw Jiangnan Group's arrogant attempt to take control of Fantasy Computer, they would definitely insist on preventing Jiangnan Group's ambitions.
And he was informed by the board that the current price was definitely not suitable. It was not enough to acquire Fantasy Computer for only 12.5 billion US dollars, and it should be at least 15 billion US dollars.
Upon seeing this reply, Yang Yuan was completely silent. Clearly, the board's thoughts were completely different from his. The board was now eager to sell Fantasy Computer, so weren't all the so-called five principles he had set for himself a complete joke?
Yang Yuan did not want to end up like this, so he immediately contacted the big boss behind him, the former chairman and president who had helped him become the president of Fantasy Computer and also held a large number of shares in Fantasy Computer, hoping to persuade the entire board in his name.
This former chairman was also very straightforward. He convened a board meeting in his own name and asked Yang Yuan to attend the board meeting and give a report.
When Yang Yuan arrived at the board meeting with great anticipation, he found someone he never wanted to see. That man named Jia Yapeng was also in the board meeting and greeted him enthusiastically.
"What are you doing here?" Yang Yuan, with a chill all over his body, asked in a low voice.
"Of course, I was invited by your company's board of directors!" Jia Yapeng said with a slight smile. "Your company is very enthusiastic. I want to hear Jiangnan Group's specific acquisition plan for Fantasy Computer, so I've come!"
"Then what am I doing here..." Yang Yuan muttered to himself, dispirited.
"You are here to refute him!" The former chairman suddenly appeared behind Yang Yuan and said, "You know, our shares do not hold a majority in the board, and the directors already want to get rid of the burden of Fantasy Computer."
"Your task is to completely refute that guy here, so that I can take the opportunity to make the board reject the other party's acquisition proposal, do you understand?"
"Yes!" Upon hearing this, Yang Yuan immediately regained his spirit and prepared to have a verbal battle with his opponent.
Soon, the debate held before the board meeting began.
As Yang Yuan was preparing how to refute his opponent, Jia Yapeng took the lead and said, "As everyone knows, the most important thing in acquiring a company is to assess its assets. So, may I ask everyone, besides this brand, what assets does Fantasy Computer hold?"
"Heh heh!" Yang Yuan sneered and said, "Not to mention that our Fantasy Computer brand alone is worth tens of billions, not to mention our domestic and international marketing networks, and dozens of computer companies around the world. Do I need to calculate these assets for you one by one?"
"That's not necessary!" Jia Yapeng shook his head. "But the problem is, Jiangnan Group and I have never intended to sell our own branded computers. After all, our consistent policy is to only sell technology licenses to external parties and not engage in any brand sales. This is the case for terminals, and it will also be the case for computers."
"So I just want to ask, how many core technology patents does Fantasy Computer currently hold, how many computer parts production lines are there, and how many components in a computer are produced by Fantasy Computer itself?"
"Simply put, how much of Fantasy Computer belongs to itself at this moment?"
This question left the entire board of directors of Fantasy Computer speechless.