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Chapter 68

Gu Ao hurriedly called Lin Guodong from Xiangjiang to file the property rights information at hand. On the other hand, he secretly found Gu Min and Ma Feng to clarify the company's intangible assets so that the specific handling will be handled at that time.

You can also pretend to use these excuses to delay time.

He estimated that the entire negotiation could still be controlled within the atmosphere of "friendly cooperation".

What the country needs is to set up a benchmark for the newly established CITIC, rather than making a lot of cheaper from the Hanle Electronics order itself. The scale of its business financing is equivalent to about one-twentieth of the Yizheng Chemical Fiber Phase I project, or one- percent of the financing of Baosteel.

The boss of CITIC is doing national-level affairs and doesn’t look down on Gu Ao’s little money at all.

If it is a joint venture with local grassroots institutions, it is possible to say that there are people who want to reach out, and it is possible to have more black Gu Ao's equity. At the level of CITIC Trust, there is no need to lose face in front of Japanese businessmen due to small losses.

Because after Han Le realized trust investment, the boss would immediately take the Japanese consortium to visit the "model investment" on site and prove to the Japanese consortium that "our company's trust bond investments are all high-performance projects, and the returns are absolutely safe."

If the invested original shareholder complains about the valuation and secretly says a few inappropriate words to the Japanese chaebol at that time, it will make the Japanese feel that "the so-called model project was faked by forced buying and selling, and its successful experience is impossible to replicate." Then, the trust that comes with the next 100 times will not be issued.

However, it is a real big problem that the intangible assets of goodwill and brands are not fully evaluated in China today.

At the same time, it is good to "seek fame and the market" in CITIC, but it is impossible to really "a thousand gold and the market" as it will also appear unreal.

Therefore, to prove that "Hanle Electronics' existing assets are worth US$2 million", it mainly depends on patents and software copyrights.

Gu Ao had a little contact with the other party and initially finalized the patents and software copyrights of "Thunder Fighter" and "Plant vs. Zombies". All related designs must be transferred to future joint ventures as technical investments from the Hong Kong side.

There is no room for maneuvering this. After all, it is the main product that Hanle Electronics is currently operating. Without these products, the company will only have a leather bag.

Moreover, because the money from the gold profit period has been almost made, after the new factory is put into production, it will face cruel competition, falling from monopoly profits back to competitive profits, and the profits that can be created in the entire life cycle of these two games will not be 2 million.

Not to mention anything else, Gu Ao's first batch of goods in October had a gross profit of 600,000 yen per unit, but now the price of the whole machine is 60% off, and the gross profit has been cut to 300,000 yen - this is still the situation where only Taidong's competition is the case.

In the future, the five companies will be divided into markets, and the national attention and support domestic products by Japanese people. The quality advantage of Japanese products will make each unit's gross profit fall below 200,000. The sales life of an arcade machine is only one year, and then everyone will buy new products.

The other three games under development, "Bomb Man" and "Pac Man", have a slow development cycle, and are very different from the current popular game categories. People from CITIC will definitely not believe in the sales of these things.

So Gu Ao chose the corresponding intellectual property rights of the "Tank War" and transferred it to the joint venture as a supplementary condition. To make up for the "Thunder Fighter" may not make money for a few months, and he must come up with a new product to take over.

In other words, Gu Ao (and his Hong Kong white gloves) took out the "Hanle" brand, as well as two old games that have made almost the same profit, and one new game, with a technology investment of US$2 million.

As for all the existing profits he has made, of course, he can first share the dividends; "Bomb Man" and "Pac Man" are also completely in his own hands; these have nothing to do with the joint venture. ("Bomb Man" and "Pac Man" are not Han Le Electronics at present, but Gu Ao's personal private work)

The trust company took out $3 million in current financial funds to build an electronics factory in Shajiao Industrial Zone, responsible for land, factory buildings, personnel, equipment, and supply chains.

Gu Ao's subsequent plays other games and development of other technologies have nothing to do with Han Le Electronics, which has become a joint venture. He can continue to do his own private work. (Of course, he also has to put a Hong Kong merchant's white gloves in front)

If you develop a good thing without its own productivity, you can also entrust Hanle Electronics, which has become a joint venture factory, to manufacture it. Or you can authorize Hanle Electronics to produce it under its own brand according to the method of collecting technical licensing fees.

After having a joint venture, at least the risk of Gu Ao being embarrassed in terms of production capacity and raw materials is compensated, and there is no need to make a small fuss about 500 units per month. It is still possible to achieve the capacity of thousands of units per month in the short term.

...

The specific joint venture negotiations are naturally quite lengthy. Even if Gu Ao is more tolerant and the boss is more generous, but it will not be officially agreed until after New Year's Day.

This is already considered the speed of the rocket.

In the afternoon and night that day, we can only reach a preliminary intention first.

After the two sides' conceived statements were completed, a director accompanying the assessment whispered: "Comrade, I don't know whether the new game is worth such a large sales. If the total profits created by these products in the future are less than US$2 million, wouldn't it cause the loss of state-owned assets?

Should the Hong Kong party increase its guarantees to ensure that it provides technical authorization for at least 5,000 gaming consoles in the future? If the old goods are sold in total less than 5,000 units, then use the copyright authorization of the new game to fill the hole?"

The director of the supporting director who said this was obviously a conservative mind and full of thoughts. He was full of "preventing the loss of state-owned assets."

Little did he know that his proposal was very unprofessional, and he would not even be responsible for fulfilling the contract at that time, and even if he signed it, he would be a villain in vain.

The negotiator of CITIC Trust also muttered and said he would ask the boss for instructions.

Shortly after asking for instructions, the boss came in person, a 60-year-old man with a somewhat gray haired demeanor.

He had actually arrived for a while and was chatting with ** just now.

"We CITIC operate in an enterprise manner. Of course, investment depends on your vision, take risks, and align with international assessment practices. How can state-owned assets be lost?"

The boss shut up the director of the supporting role with just one word.

What CITIC issued was not government bonds, but corporate trust bonds.

The boss just received the great man’s personal promise two months ago: not to interfere in employment, finance, and management. So CITIC does have great autonomy. The boss can invest in whatever value he thinks, and there is no need to open a committee to decide, and there is no "collective leadership responsibility system".

After getting the director of the supporting director, the boss glanced around kindly: "This is Comrade Xiao Gu, thank you for helping CITIC Company solve the initial credit problem. Do you think the preliminary negotiation is worthwhile? Is there any hidden secret?"

Gu Ao bowed modestly and said, "I think it's okay. Based on my experience, these technologies and brands are priced at $2 million. You and I have the possibility of making a profit or losing money. The key is to rely on the speed of the action."

The boss found a sofa and sat down, crossed his legs: "What do you mean?"

Gu Ao made no secret: "According to the original production speed of Hanle Electronics, it is no problem to make a profit of $2 million with the intellectual property rights of these products. You can still make a small profit.

However, if the joint venture company takes over, the production speed is too slow and the output is lower than before the joint venture. Then once we wait until Namco in Japan in the future, Korome competitors will go public in large numbers and profit margins will plummet.

Therefore, the key is to look at ‘how much can we produce and sell each new product before the opponent has time to copy it’. If all links are delayed, it is possible to only return more than one million for two million. It is not a dream to exchange for three to five million profits.”

"Comrade Xiao Gu said it well, it is very important to start production quickly and speed up market response. For timely products, time is money, and efficiency is life. If you get a good hand of cards, whether you can get along with each other depends on management and planning." The boss nodded and agreed.

After saying that, he asked his secretary to dial two phone calls for him.

A few minutes later, after calling, he returned to the conference room, and he told Gu Ao directly: "I just agreed with the charter king and Sir Shao. They each subscribed for 10 million Hong Kong dollars trust bonds, and the company will make up for the issuance procedures tomorrow.

As soon as the money arrives, a new management agency will be established for the company and will be immediately responsible for setting up a factory in Shajiao District, Shenzhen. We will negotiate specific terms while building a factory! Then let Comrade *** coordinate the factory and supporting facilities, try to decorate the ready-made factory and start production as soon as possible."

Before the negotiation details were completely finalized, I had an intention and then spent the money.

"Isn't it just a total of HK$15 million in financing?" Gu Ao was a little nervous, afraid that the other party would temporarily increase his capital and dilute his shares.

The boss patted Gu Ao on the shoulder kindly: "Don't worry, the number of use it will be as much as you want in the end. It's better to use it. If you can't use it all at that time, the charter king said it's all his, so I'll just go elsewhere."

Speaking of this, what can be finalized today is basically finalized.

The deputy director who was in the middle of mediation stood up with a smile on his face and congratulated him as his master:

"Then I wish the boss * a victory and a good start for our country's foreign-invested trust industry. Xiao Gu is also worthy of commendation and convinced Hong Kong businessmen to assist CITIC in setting up a model project, and the country will remember these contributions."

The boss also shook hands with the deputy director enthusiastically: "Where is there, Director * is polite. These are all selfless comrades of the Foreign Investment Commission. I should be ashamed. I just made a promise in front of ** two months ago that I would not need state assistance. Isn't this a slap in the face?"

Deputy Director: "Hey, you can't say that. Accelerating financing for Baosteel and Yizheng Chemical Fiber is also a national task. It should be said that the boss is responsible for the country. Okay, don't be polite, we have all made contributions, and all of them are all."

After being polite to each other, the boss said there was something important to do, so he said goodbye and left.

Deputy Director, Director Bao and others sent them out, and Gu Ao followed.

Before getting on the bus, the boss turned around and discussed: "I heard that Xiao Gu is from the School of Diplomacy. Take my car and take him along the way. I have a few words to talk to him in the bus - Director *Doesn't you mind? This is what you are doing in Shangyan and with fellow Xiangjiang compatriots."

"Okay, OK, commercial secrets, commercial secrets!" The deputy director joked, not stopping, but gave Gu Ao a look.

Gu Ao really wanted to say that his car was parked in the parking lot of Wenli, but this kind of occasion was obviously not suitable.

I had to follow the boss to get on the Hongqi car.

Close the car door and start smoothly. The boss immediately changed to a more pragmatic expression.

"Xiao Gu, although we meet today, I believe that if you go to business, you will definitely do a big deal. I may take advantage of you in this matter, but it is definitely not my intention - now there is no outsider, so I don't need to lie to you.

If you don’t become an official in the future and want to start another big career, and you are in a tight position, I can help you issue a convertible bond - 10 times the profit of today’s business."

Converting bonds are bonds that use corporate equity as collateral. If the operation is good and the maturing bonds can be repaid, the company holders will not dilute the equity. If the operation is bad and the debt cannot be paid back, the equity will be executed to the creditors.

It is equivalent to a kind of financing that is very favorable to operators. If you make a profit, it is your own, and if you lose it, it is your own.

"This is not in accordance with discipline..." Gu Ao was a little worried.

The boss said proudly: "Why are you not in line? We are doing business. You have proved your vision and ability this time. I will raise the bet next time. If there is no proof, I will naturally take it back.

Many Americans invest in people but not in things. If they see that someone has a future, they will have a future in everything they do. We must also learn this kind of courage and not always look at asset appraisals.”

"Then I'll thank you."

The Foreign Investment Commission is not far from the School of Diplomacy. After a few words, the Red Flag Car arrived.

Gu Ao said goodbye politely and walked to the dormitory building tiredly.
Chapter completed!
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