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Wang Xiang left the conference room first without giving Kaitri more time.
Kaitri's assistant said very dissatisfied: "What does Changtian Technology mean? Our investment amount has reached 50 million yuan, and the other party cannot agree to such a price?"
"We have enough information in our hands to show that Changtian Technology's capital chain has indeed been put to a great test. If it has been unable to obtain large capital investment during this period, the production of Lingyue MP3 may have difficulties.
Wang Xiang rejected IDG's investment of 50 million, and there was no room for it at all.
Wang Xiang turned to his assistant and said, "Check again to see if there are other investment companies that have contacted Changtian Technology during this period."
"If there is any relevant situation, report it to me immediately."
Katery was sitting on the sofa, playing with a pen in her hand, and said to herself: "As far as I understand, this shouldn't be the case. The price that Sequoia Capital can implement is at most 40 million."
If the price is any higher, it will not be approved by the US Department of Commerce.
Many young people in Xia Kingdom believe that the West advocates freedom, especially commercial streets.
But everyone only pays attention to the word freedom itself, and does not see that behind commercial freedom is the hands of relevant US departments.
As long as it involves cross-border acquisitions or mergers involving U.S. companies, it must be approved by the U.S. Department of Commerce.
Spending 50 million yuan to acquire 50% of the shares of a semiconductor company in Xia Guo is already a very high price.
Will the US Congress agree?
After Kaitri arranged things, he returned to the hotel where he was staying. He would call the US headquarters again and wait for the next move.
Negotiations between IDG and Changtian Technology were originally conducted in secret.
But there are no secrets on Wall Street in the United States.
The news that Changtian Technology rejected an investment of up to 50 million US dollars from the IDG industry was known to major investment companies and technology companies on Wall Street almost instantly.
Some time ago, the "Wall Street Journal" reprinted the "New York Times" negative report on Changtian Technology's carbon crystal storage.
Who would have thought that in just a few days, the Wall Street Journal was reporting on the news that U.S. investment institutions IDG and Sequoia Capital hoped to invest in Changtiantian Technology's carbon crystal storage.
This report by the Wall Street Journal made relevant US departments and some institutions on Wall Street very angry.
The recent series of operations by relevant departments in the United States and the capital behind them are aimed at successfully obtaining Xia Guo's mature carbon crystal storage technology at a lower price.
Who knew it would end like this.
This further confirms the fact that the carbon crystal storage developed by Changtian Technology has great potential.
Kaitri also found out through his own channels that Sequoia Capital’s conditions for Changtian Technology were much worse than those of IDG.
The more this happens, the more confused Ketri becomes.
The prices are almost the same, so why does Changtian Technology refuse IDG’s cooperation?
Is it really the reason why Changtian Technology is unwilling to share its mature technology and capital with Jiangcheng?
Kaitri can be considered someone who has dealt with Changtian Technology.
He knew very well that the personalities of Changtian Technology and other Xia Guo companies were different.
What other Xia Guo companies say may be reversed indefinitely, or even changed overnight.
The people of Changtian Technology are true to their words and resolute in their deeds. In the hearts of IDG's Western Investment Company, Changtian Technology is very much about credibility.
So when Kaitri learned that Changtian Technology was indeed unwilling to cooperate with carbon crystal storage, he began to translate the Lingyue cooperation agreement provided by Changtian Technology seriously.
Perhaps using Lingyue Company as a cooperation platform is a good choice for cooperation.
Regardless of the time difference, Kaitli immediately called the IDG headquarters and sent a summary of the latest negotiation status to the headquarters.
Little did we know that the senior officials at the headquarters were not sleeping at all.
"Suspension of all latest agreement negotiations with Changtian Technology."
This reply made Katery confused.
"May I know the reason?" Kaitri said anxiously, "We have been preparing for more than half a year, and there are thousands of agreements and related draft documents."
The headquarters directly interrupted Kaitli, "Not only are we suspending negotiations with Changtian Technology, but Gaoling and Sequoia Capital will also immediately suspend negotiations with Changtian Technology."
A cold sweat broke out on Kaitli's back. He said with some confusion: "What is the reason? Regarding the relevant information of carbon crystal storage, our information has formed an evaluation report in accordance with the requirements of the headquarters and reported it to the
Headquarters."
The boss replied: "According to the requirements of the headquarters, we must stop any investment in Changtian Technology now. Okay, Mr. Kaitri, you can rest early."
After hanging up the phone, Kaitli looked at the night view of Jiangzhou, which was not particularly prosperous.
There were countless doubts and countless regrets in his heart.
He immediately contacted his colleagues and classmates in the United States to find out why the headquarters suddenly stopped the cooperation between the two parties.
An hour later, Kaitri received more news from the United States.
American capital has joined forces to abandon carbon crystal storage in order to place carbon crystal storage on a false and unrealistic stigma.
This purpose is also to allow the relevant technology and capital of the United States to firmly grasp the semiconductor industry chain and voice.
So carbon crystal storage is not important anymore?
Of course not. Relevant departments and think tanks in the United States can help the U.S. government draw such a note.
The most fundamental reason is to get the best quality technology at the cheapest price.
At present, the semiconductor industry in the United States is traveling at a high speed in the fast lane.
It won't be long before a cheaper flc chip will be successfully developed.
At that time, manufacturers will be very willing to use cheaper FLC chips for flash memory and related products.
1g, 32g, and even 128G products are being produced one after another.
At that time, the American semiconductor industry chain and products had an absolute advantage compared to 512 MB carbon crystal storage.
At this juncture, American investment companies such as IDG and Sequoia Capital have no need to pursue carbon crystal storage with higher valuations.
Such a product should be buried in the dust of history.
Like Changtian Technology, the American technology community also trades time for space.
In such a sensitive period, it is the most correct way to suppress the storage of carbon crystals as much as possible and buy more time for the U.S. semiconductor industry.
It is a pity to immediately terminate the judgment with Changtian Technology.
But Kaitli thought about this issue from the perspective of the entire American semiconductor industry and found that this judgment was very correct.
When FLC chips of 512 MB and above are successfully developed, then carbon crystal storage may be a pile of garbage.
Kaitli nodded and obeyed: "I will make arrangements immediately."