If you don’t do this business, you would really be a fool.
Chen Xiao made a preliminary assessment of the purchase price of Jiangzhou Machinery Factory.
The factory's land area, machinery and equipment, and the compensation required for laid-off personnel may add up to about 10 million yuan.
This price is much lower than the original valuation of Jiangzhou Machinery Factory at its peak.
The main problem why Jiangzhou City is so eager to get rid of the Jizhu Machinery Factory is that Jiangzhou Machinery Factory cannot make a profit with its current capabilities, but it has so many workers and so many mechanical equipment that need to be maintained. Every day
All are losing money.
Moreover, the equipment of Jiangzhou Machinery Factory has seriously aged, and the products they produce cannot compete with the products produced by the same machinery factories in the coastal city of Yangcheng.
The international community has heard rumors that Xia will soon join the WTO.
Western companies with farsightedness have begun to deploy their own industries in coastal areas.
Under this situation, more advanced machinery and equipment entered the coastal areas of Xia State, and joint ventures or foreign-invested factories were built one after another.
At the same price, the products of Jiangzhou Machinery Factory no longer have any competitiveness.
If Jiangzhou Machinery Factory is sold as soon as possible, Jiangzhou City will have less financial burden.
Currently, Jiangzhou City is also carrying out large-scale urban construction, and its finances also need money.
It is absolutely not cost-effective to continuously supply this money to old state-owned enterprises that cannot generate any profits.
To put it bluntly, Jiangzhou Machinery Factory has cancer, and it cannot be cured with money. Jiangzhou does not want to spend money to stay alive.
In fact, the vigorous reform of state-owned enterprises began in 1998. During this period, a large number of workers were laid off, and a large number of state-owned enterprises were converted into private enterprises or went bankrupt and closed down.
These are the epitome of an era.
Chen Xiao asked Chen Qiang: "Is there any private boss willing to take over?"
Chen Qiang said: "With such a big mess, who is willing to come over and take over?"
Chen Xiao nodded and said nothing more.
According to Chen Xiao's understanding of the current economic and social development, there are not many individuals or companies that have the strength to take over Jiangzhou Machinery Factory.
Everyone has to figure out what benefits they can get from this transaction.
Obviously everyone feels that this must be a loss-making transaction.
Chen Xiao doesn’t have 10 million now, but he has the capital to earn 10 million.
Just yesterday, Baidu had called Chen Xiao.
IDG is very interested in the 11181 website and is preparing negotiation materials for investing in 11181, hoping to become an angel investor of the 11181 website.
After nearly a year of development, the 11181 website has become the most visited navigation website in the country, with very high commercial value.
The mutual exchange of shares between Chen Xiao and Baidu cannot be regarded as Baidu's investment in the 11181 website. At most, it can be regarded as mutual cooperation.
This time, IDG gave the website a corresponding valuation and was willing to invest with real money.
IDG has been very aggressive in the Xiaguo market in recent years and has successively invested in Penguin and Baidu.
These two companies will be unicorns on the Internet from now on.
Now I have taken a fancy to Chen Xiao’s 11181 website during the Internet bubble era.
Sure enough, international capital is international capital.
You can always choose your favorite target from the market.
Competition among Internet navigation websites will become increasingly fierce in the coming days. It would also be in Chen Xiao's interests if financing could be achieved earlier.
Chen Xiao was not in a hurry and patiently waited for IDG's conditions.
In the words of Baidu's manager Zhang, Baidu is willing to cooperate with Chen Xiao for a second time even if IDG does not invest.
The hasty National Day holiday was over, and Chen Xiao returned to school. He received some not-so-good news from Han Deming from the Department of Materials and Chemistry.
"I asked through my connections and found out that Nature did not accept our paper." Han Deming invited Chen Xiao to his office. When he said this, he felt very disappointed.
After all, Han Deming valued Chen Xiao's paper very much, and he felt that there was every hope that this paper could be published in the journal Nature.
But it was a pity that Han Deming asked his friends in the UK to inquire and found that Nature magazine had no plans to publish this paper at all.
The paper just fell into disrepair.
Han Deming also asked several of his friends to repeatedly inquire about the reason, whether it was because the format of the paper did not meet the requirements or because the translation was not in place, but there was no news.
However, Han Deming still forced a smile and said: "Fortunately, many heavyweight domestic academic journals have published this paper. We are also communicating with our superiors to see if we can get some experimental support."
Chen Xiao was quite surprised. When he was writing about the role of lithium batteries, he specifically checked the international research progress on lithium batteries.
He can guarantee that the paper he writes and the success of the researcher will definitely be the first in the world.
And some of these discussions can win international awards.
Under such circumstances, "Nature" magazine actually did not adopt it.
Chen Xiao smiled. Since Xia Guo did not have a high say in academic theory, it was normal for the paper not to be accepted.
If it is not adopted, you will gain less influence, but it doesn't matter, there are still carbon crystals stored in the back.
After Chen Xiao thanked Tan Deming, he left the office.
Whether he is doing experiments or building a company, Chen Xiao believes that he should still put himself first.
You definitely can’t rely on others.
Seeing Chen Xiao leaving the office with a smile, Tan Deming was a little surprised.
"How come this kid isn't disappointed at all?"
It’s not that Chen Xiao is not disappointed, but he understands some truths very clearly.
In mid-October, the weather in Jiangzhou finally cooled down.
On this day, under the recommendation of Zhang Ke, Kaitri, the head of IDG Xia Guo District, set off from Yanjing to Jiangzhou to prepare to meet Chen Xiao.
Kaitli holds a thick set of evaluation data in his hands. This time he will formally negotiate with Chen Xiao on behalf of IDG. IDG also believes that the 11181 website will definitely bring him huge profits in the future.
At the same time, Toyo Sony headquarters.
A Lingyue MP3 was delivered to Shiro Iwata, head of Sony Music Division.
Shiro Iwata and the head of the technical department were playing with this product from Xia Guo, and were quite surprised.
This product is better than Sony's MP3 in terms of appearance and quality, and more importantly, it is quite cheap.
During the National Day, the sales volume of this product exceeded that of Sony MP3, attracting Sony's attention.
Sony executives are very alert and ready to discuss some countermeasures.
At the same time, representatives of Xia Guolangke Company also came to Dongyang.
Netac hopes to introduce MP3 chip decoding technology from Sony and produce cheaper MP3s in China.
After all, Lingyue's sales performance made Netac very jealous, and it also wanted a share of the pie.
It is most cost-effective to work as Sony's OEM in Xia Guo, or even develop products in the name of cooperation with Sony.