Chapter 441 1 Billion Impossible Drops
Chen Shuqin did not wait for Chen Xia's reply, but waited for Chen Xia to come in person.
So the aunt and nephew went to Ogilvy Pharmaceutical Company in Tsuen Wan together to conduct formal acquisition negotiations. Chen Shuqin had already prepared, and even the lawyers and accountants had already applauded and set up a temporary negotiation team.
Ogilvy Pharmaceutical covers an area of about 80 acres and is not too large in scale. It has about 200 workers at its peak.
There are about 50 people left now, mainly technicians, and other workers have been temporarily dismissed. After all, the labor costs in Xiangjiang are still very expensive.
Wei Yunhai was a little unwilling to give up when he left behind the technician. After all, it was easy to find workers, and it would be difficult to find technicians. From this point of view, he was also a business owner who knew how to operate, but unfortunately he was born at the wrong time.
When Chen Xia and Chen Shuqin's cars drove into the pharmaceutical factory, they found it was deserted. Wei Yunhai and his two younger brothers stood in front of the office building and welcomed Chen Shuqin and his party.
Wei Yunhai and his two younger brothers are the only three shareholders of Ogilvy. Because they are not listed companies, the negotiations are actually quite simple. Pumpkin Vine wants to acquire Ogilvy: the price.
As soon as they met, Wei Yunhai warmly greeted him: "Manager Chen, we'll meet again, haha, you're asking me to wait."
"Manager Wei, you have three phone calls this day. When the male classmates pursued me, they were not as enthusiastic as you."
Hahaha, a few jokes keep the atmosphere between the two sides quite friendly.
Chen Shuqin did not introduce Chen Xia, and Wei Yunhai regarded him as a secretary, so he did not say hello to him.
In the conference room.
Wei Yunhai introduced in detail the current assets, production lines, laboratories and how many technical talents there are. Of course, when it comes to annual output value and profits, I feel a little embarrassed and keeps beating.
Chen Shuqin didn't care. The worse his business, the lower his profits, which was a favorable negotiation condition for her.
Chen Xia listened carefully, especially Wei Yunhai's words: "As long as the funds are in place, workers can be recruited at any time and production can be resumed immediately."
This shows that this is a "healthy" enterprise. There are many difficulties at present. I have no money to eat and get hungry. I don't have organic diseases, so I don't need to make a big fight and I have to rescue me.
After both sides sat down, Wei Yunhai began to complain:
"Manager Chen, I am a straightforward person. You have also seen the current situation of our factory. If the three of us brothers hadn't wanted to immigrate, this pharmaceutical factory would really not want to sell it. After all, it was not easy to start a business back then, so the price..."
Chen Shuqin smiled, "How much does the three managers Wei decide to transfer?"
The three brothers had obviously agreed on it long ago. Wei Yunhai stretched out a finger, which was 100 million Hong Kong dollars, almost 13 million US dollars.
Is this expensive? For example, in the center of Hong Kong, you can buy a thousand-foot luxury house for HK$1 million. Now that it has fallen, it is estimated that it will not cost 1 million. If it is 6700,000, Mobil New Estate in Laichi Kok, Kowloon, you can buy one.
Ordinary Xiangjiang people earn more than 1,000 yuan a month, and the jobs such as teachers and police are at a high price of about 2,000 yuan, even if white-collar workers rarely exceed 5,000 yuan.
In the entertainment industry, the movie "Best Partner" starring Mai Jia and Xu Guanjie was the box office No. 1 in 1983, with only more than 20 million points.
"I Love Night Love" starring Caiyun South spokesperson Brigitte Lin has the sixth box office, with only 13 million yuan, and her salary is only 250,000 Hong Kong dollars.
Okay, let’s take a look at Ogilvy’s quotation, which is 100 million Hong Kong dollars, which is simply a lion’s opening. This is equivalent to the price of 100 thousand-foot luxury houses, and this is just a pharmaceutical factory that is losing money and cannot even pay for labor costs.
If Chen Shuqin and Chen Xia had not had a complete plan, they would have turned around and left after hearing this price.
Chen Shuqin said with a quiet voice:
"Manager Wei, you are really joking. Why should I buy Ogilvy Pharmaceuticals for 100 million Hong Kong dollars? I can open a pharmaceutical factory next to you with this money. Then I will poach the technicians and workers who have fired your company and can still start work."
Brother Wei Yunhai's face turned red and pale. He was so kind that he said that he was actually threatening, but the key point was that he now had the capital.
"How much does Manager Chen think fit?"
"I need to evaluate it in detail. Now your pharmaceutical factory has owed 20 million yuan. I can bear this part. I will give you another 50 million Hong Kong dollars, a total price of 70 million yuan. I think it is already very affordable."
Chen Shuqin looked like a stranger in front of strangers, restoring the temperament and style that the workplace elite should have.
"Haha, Manager Chen, HK$70 million is too little. The three of us brothers can't get much. Besides, we have to pay back the bank mortgage, which is not enough."
Chen Xia suddenly interrupted at this time: "Manager Wei, how many properties do you have now? How much does it take to pay off your mortgage every month?"
Wei Yunhai didn't want to say that if the competitors knew the miserable appearance behind them, wouldn't the price be even more serious: "This one is..."
Chen Shuqin nodded: "My nephew, his opinions can represent mine."
Chen Xia smiled:
"Manager Wei, don't get me wrong. I want to say that if you have difficulties in providing a building, we can help you take over the property you have at the current market price, and we will pay back the remaining mortgage. What about it? I guess you can't sell it anyway, and the mortgage has consumed all your working capital. Am I right?"
The three brothers of the Wei family thought Chen Xia had investigated them and felt unhappy, but business was business, and they won the king and defeated the enemy, so there was nothing to complain about.
"Chen Sheng, are you really willing to take over the property we have?"
"Yes, but it's not your original purchase price, but the current market price."
The three brothers of the Wei family looked at each other and never wanted to sell these properties? In fact, houses are always bought, and the more they fall, the less people buy them. Rich people are afraid that 97 will run away and no one will take over.
Now there are suckers who are willing to take over the entire Wei family's pharmaceutical factories, properties, and debts, and they can take the cash they have obtained to travel far away. What are you waiting for for such a good thing? You must agree.
"Okay, Chen Sheng is refreshing, Secretary Liu, bring the property list under our private name."
Chen Shuqin was very puzzled. House prices were still falling. If they couldn't rise, then this was not a small amount.
Chen Xia secretly explained to Chen Shuqin when the accountants and lawyers on both sides accounted for finance:
"Don't worry, my aunt, the housing prices have fallen by half now. We will not lose money when taking over the market at this time, otherwise it would be at least tens of millions of yuan to buy a pharmaceutical factory. Don't forget that this is the accumulation of the Wei family over the years, and now it belongs to our Chen family."
Chapter completed!