"Uh, okay." Chen Jiansheng now trusted his daughter's opinion very much, so he nodded slightly and pressed a button in front of him.

A circle of LCD screens rose in front of the conference table, and the LCD screen lit up at the same time.

Chen Jiansheng coughed and said, "Okay, since that's the case, let's talk about the investment method and equity distribution plan now. Please look at the big screen in front of you, all screens are the same."

After listening to Chen Jiansheng's words, the atmosphere at the scene became a little more serious, and everyone turned their attention to the big screen in front of them.

Chen Jiansheng operated on his laptop, and the same content was displayed on several large screens in the venue.

The company that we have established in cooperation is "Star Semiconductor" with a registered capital of 100 billion.

The meaning of registered capital is that all investors must take out a total of 100 billion yuan of assets and put them into the company account that was established.

Looking at these short words, all the big guys present looked confused.

100 billion registered capital is too arrogant and too reckless.

You should know that the registered capital of Huawei's entire company is only more than 16.4 billion, and it has been added up over the years.

It is too difficult to invest 100 billion at once, and it is not suitable.

Most people’s mental expectations are basically around 10 billion, and they will not exceed 20 billion even if they float upwards.

As a result, Xingchen Technology now called out 100 billion, which almost made everyone recover.

However, as soon as Chen Jiansheng tapped the keyboard with his finger, the second page came out, and the expressions of all investors changed from holding their breath to chest tightness.

On this page, it is about the shares occupied by the Star Technology camp.

Xingchen Technology invests in semiconductor technology and mobile communication patents, accounting for 16% of the shares. The equity is not diluted.

Xingchen 2001 uses artificial intelligence technology, intelligent system technology, and my position in the company as a capital contribution and holds 35% of the shares. The equity is not diluted.

The shares of Xingchen 2001 are held by Xingchen Technology.

Everyone expected Xingchen Technology and Xingchen 2001 to invest with technology and patents.

Intel's world-leading semiconductor technology, coupled with Qualcomm's monopoly basic communication patents.

Xingchen 2001's own technical support, plus artificial intelligence technology and intelligent systems.

These things are almost priceless, and even if they offer a price of 100 billion, it is not too much.

Anyway, if Xingchen 2001 is willing to sell at this price, there will definitely be people who can't wait and buy without hesitation.

What everyone did not expect was that Xingchen Technology would directly propose destructive conditions such as "equity not diluted".

"Equity is not diluted", that is, when the company continues to invest additionally in the future, the equity ratio between Xingchen Technology and Xingchen 2001 will always be fixed, and the equity ratio will not be reduced due to the increase in registered capital.

Conversely, the equity of Xingchen Technology does not depreciate, which is equivalent to allowing other shareholders to assume the dilution of equity, and also reducing the value of subsequent assets invested by investors.

In particular, the equity of Xingchen Technology and Xingchen 2001 is 51%, which is a huge decline.

We calculate based on 50%, the registered capital of a semiconductor company is 100 billion. If there is a subsequent investor A, he is particularly optimistic about Xingchen Semiconductor and is willing to invest 100 billion at one time.

Under normal circumstances, the registered capital of a semiconductor company reaches 200 billion yuan, and Investor A holds 50% of the company's equity, with an equity value of 100 billion yuan.

However, in the current situation, 50% of the original equity belonging to Xingchen Technology is not diluted. After investing 100 billion, investor A will need to bear the dilution of equity with the 50 billion assets held by other shareholders.

After calculation, Investor A finally obtained 33% of the equity, with the equity value of 66.6 billion yuan, which directly shrank by one third.

The equity of other original shareholders will also decrease from 25% of the due to 16.7%, and the value will decrease by one third from 50 billion to 33.3 billion.

The 50 billion shares that both parties have shrunk are equivalent to giving them to Xingchen Technology and Xingchen 2001.

In short, as long as you increase your investment in the future, it is equivalent to all other shareholders who will first take out a portion of the equity increase in the investment amount and give it to Xingchen Technology and Xingchen 2001. The rest is the value of their own equity.

No one with a little brain will invest in such a company.

Such conditions have little impact on early shareholders, and the amount of money they invest is as much as they spend.

Without subsequent investment, their equity and value will not depreciate.

So in this way, other shareholders will desperately prevent subsequent investments.

This approach basically completely blocks the possibility of additional investment.

Those who dare to put forward such conditions are either extremely tough, or decide to never raise funds, or are brainless.

Star Technology has the first two reasons.

Generally speaking, the founders of the company maintain control over the company in order to continue financing.

Basically, they will give up the right to dividends, and then ensure that they have more than half of the voting rights through various methods such as entrustment voting, cross-holding, multi-level voting, etc.

For example, Ma Huateng holds about 8% of Tencent's shares, Jack Ma holds 7% of Alibaba's shares, and Liu Qiangdong holds 15% of JD.com's shares.

However, these three people all obtained more than half of the voting rights through various methods and decently controlled the company completely.

The largest shareholders of their company have no voting rights and only dividend rights, and cannot directly interfere with the company's operations.

Xingchen Technology is very tough, without considering any means, without any concealment, and directly writes its own equity non-dilution requirements into the equity agreement and the company's articles of association.

Although such a requirement does not violate the company law, under normal circumstances, almost no investors will accept such an agreement.

In order to facilitate management and reduce disputes, industrial and commercial management agencies will not accept company registration with such terms.

But everything is average, and there will be exceptions accordingly.

Everyone also understands that with the foundation of Star Technology and Eternal Group, their company articles of association will be passed as long as they are not illegal or comply with management regulations.

As long as other investors agree, companies with such domineering articles of association will be established legally and reasonably.

The company's total investment amount reached a terrifying level of 100 billion, and Xingchen Technology and the faceless Xingchen 2001 directly accounted for 50% of the shares without paying a penny.

Under such a premise, he also made a naked statement that his own equity will not dilute such conditions.

Is Xingchen Technology completely giving up the possibility of subsequent financing, or does it feel that even if it depreciates, someone will be willing to invest in it?

However, no matter what, almost all the big guys here said they were unacceptable.
Chapter completed!