Black Technology Editor

Chapter 22 100 Billion Valuation

"One hundred and fifty million,"

Lu Chen looked directly at the other party, "This is my reserve price for you."

Fu Yan frowned slightly.

Although Yiyuan Technology is in trouble, its assets are all real, including factory buildings, equipment, industrial land, including production qualifications, etc.

The physical assets worth [-] million, no matter how much it shrinks, will still have a valuation of [-] million.

"Mr. Lu, look, this price is really a little bit."

However, Lu Chen directly interrupted him, waved his hand, and said, "7000 million is the base price I'll give you. As much as you can save your budget, you will get as much bonus as you want."

Hearing this, Fu Yan's eyes lit up, and he quickly assured him, "President Lu, don't worry, we will definitely handle this acquisition case well."

"Ah."

Lu Chen smiled and nodded.

Is 7000 million acquisition of Yiyuan Technology enough?

From the perspective of company valuation, it is naturally far from enough.

But you must know that Yiyuan Technology is a company on the verge of bankruptcy. If there is no injection of foreign capital, it will have to sell the company's assets at a low price when the company goes bankrupt and liquidated.

By then, its value is estimated to be less than half of what it is now.

After bankruptcy, Yiyuan Company, besides industrial land, what value is there?
Used Equipment?

These devices are already lagging behind the market, who would spend a lot of money to buy them, or they might be dismantled and disposed of as scrap iron.

workers?

It is estimated that capable technicians have already found their own way out.

Counting it down, the entire Yiyuan Technology is only worth a little money for industrial land.

In fact, what Lu Chen was looking for was not the industrial land, but its mature production line and a large number of skilled workers.

Because Lu Chen has the technology and capital to bring Yiyuan Technology back to life.

As a company that produces and sells battery management systems, Yiyuan Technology can only be regarded as a second-tier brand in China.

In the new energy vehicle industry, large manufacturers have their own battery management technology, so the sales targets of Yiyuan Technology are only those small new energy vehicle manufacturers.

With the introduction of new regulations on subsidies for new energy vehicles, small manufacturers began to close down one after another.

As a result, Yiyuan Technology lost its order and naturally couldn't support it.

An enterprise without core technology is so miserable.

When the tuyere comes, it will fly into the sky quickly, and when the tuyere disappears, it will fall into a dead dog again.

After sending off Fu Yan and his party, before Lu Chen could catch his breath, the newly recruited female secretary told him that someone wanted to visit him again.

Since the fire in Miracle Continent, all kinds of capital who want to send money to Lu Chen have appeared continuously.

For these people who wanted to fart, Lu Chen had a smile on his face, but his attitude was just one word, get out!

It's just that the person who wants to visit him this time has a lot of background.

"Why did the people from the goose factory come to see us?"

The female secretary is obviously a girl who has just entered the workplace, but was stunned by Lu Chenwen.

"Okay, let them come to my office."

"Yes, Mr. Lu."

The female secretary trotted away as if she had been pardoned.

There is still a shortage of people!
Although there are more and more people in the company nowadays, there are only a handful of people who can truly be called talents, whether it is a technical post or a management post.

But Lu Chen didn't care either.

No talent can be recruited, dug, or cultivated.

After all, both Chensheng Game Company and Chensheng Technology are just fledgling companies.

In the general manager's office.

Lu Chen saw a group of people from the goose factory.

"Mr. Lu, let me introduce myself. I am the director of Penguin Strategic Investment Department, Lu Ming."

The speaker was a middle-aged man with an ordinary appearance, wearing a black suit and a meticulous hairstyle. When he spoke, he always had a warm smile on his face, which made people feel very cordial.

"Hello."

Lu Chen stretched out his hand and shook the other party, with a weird expression on his face.

"Yes"

As a professional investor, Lu Ming's skills in handling interpersonal relationships are simply top-notch.

Although Lu Chen knew that they were competitors, he still had a good impression of the middle-aged man with the same surname as him.

The two chatted for more than ten minutes, Lu Chen said with a smile: "Mr. Lu, if you have anything to say, just say it."

"Haha, Mr. Lu is quick to talk, so I won't go around in circles. Our company has taken a fancy to your company's game research and development capabilities and wants to invest in your company."

Before Lu Chen could reply, Lu Ming continued: "Mr. Lu, don't worry, our Penguin Technology is just a simple shareholder and will never interfere with your company's game development and operation. With your technology and our channels, I believe that the game Miracle Continent will definitely be able to take it to a higher level."

After finishing speaking in one breath, Lu Ming looked at Lu Chen sincerely.

After hearing these words, Lu Chen was a little curious, and said, "I don't know how much your company values ​​our Chensheng game company?"

"Mr. Lu, according to our assessment, your company's market value is about 100 billion."

Hearing this, Lu Chen frowned.

This valuation, based on a normal game company's [-] times price-earnings ratio, is a far underestimation of Chensheng Game Company.

But the most valuable thing for a normal game company should be the R&D team, and Chensheng Games does not have a R&D team.

As for the technical department, it only plays the role of maintaining the game and developing skins.

As for developing games, they are still far behind.

Of course, Lu Chen couldn't say this to the outside world.

Seeing Lu Chen frowning, Lu Ming quickly explained: "Boss Lu, I know this valuation may be a bit low, but your company has only released one game so far, so..."

Lu Chen raised his hand, interrupted with a smile: "Mr. Lu, I know, you don't need to explain."

Hearing this, Lu Ming breathed a sigh of relief.

As Miracle Continent becomes more and more popular, capital pays more and more attention to Chensheng Games, a company that was originally unknown.

In fact, it's not just the Penguin Company. Since Miracle Continent was fully promoted, there have been constant contacts with Lu Chen, wanting to invest in Chensheng Game Company.

But Lu Chen refused all of them.

The valuations given by these door-to-door capitals are various. So far, the valuation given by Penguin is the highest.

"It's just that Chensheng Game Company has no plans to raise funds yet."

Hearing this, Lu Ming's face changed slightly, but he quickly covered it up, and continued to smile and said, "Mr. Lu, since this is the case, we won't bother you, but if your company has financing needs in the future, please invite Lu Ming." Always think of us first."

"must."

Lu Chen said with a smile.

Watching the other party leave, the female secretary who had been standing beside her, who had not dared to speak, stuck out her tongue secretly.

100 billion!And Boss Lu actually refused!

Lu Chen murmured, "I'm afraid everyone will be enemies from today on."

"Boss Lu, what did you say?"

"It's nothing."

(End of this chapter)