Starting out as a drug dealer in 1988

"Tsk..." Zhao Wenhao couldn't help but sneer, his heart filled with disdain and anger.

"60% equity? That's a ridiculously high price. According to their estimates, if they really want to produce a qualified product that meets market demand, including all initial investment, it would cost at least 8000 million yuan."

Moreover, they couldn't guarantee me the timeline. And yet, they dared to ask for 60% of the shares? They really think I'm a sucker!"

His voice was cold and firm, as if declaring his dissatisfaction and determination to the other party.

Chen Weiye smiled awkwardly, feeling a little embarrassed.

He was well aware of Zhao Wenhao's importance and expectations for this cooperation, and he also understood that the conditions proposed by He Yaohua's team were indeed too harsh.

However, as a technician, he was not good at business negotiation and bargaining, and could only stand aside awkwardly.

Zhao Wenhao understands Chen Weiye's situation, but he will not compromise easily.

He knew that if the two sides finally wanted to reach an agreement, there would definitely be a long process of business discussions in between.

During this process, he must stand firm, safeguard his own interests, and not let He Yaohua's team succeed.

In addition, Zhao Wenhao is also clearly aware that the current domestic manufacturing industry generally has the idea of ​​"it is better to buy than to make". Many companies prefer to purchase ready-made technologies and products rather than independently research and develop and produce.

Under such circumstances, it is not easy for He Yaohua's team to obtain investment, especially huge investment.

Zhao Wenhao decided to take a tough attitude and he would not be easily intimidated by the sky-high asking price of He Yaohua's team.

He firmly believes that through reasonable negotiations and consultations, a solution acceptable to both parties can be found.

"Go and tell them, 30% equity is the most sincere offer I can make. If they still don't meet this condition, then this investment plan will be scrapped."

Zhao Wenhao said this in a firm tone, his eyes revealing decisiveness and resolution.

He is well aware of the game at the negotiating table. He cannot just give in and must stick to the bottom line.

After careful consideration, he believed that this ratio would neither allow him to lose control nor give the other party sufficient returns.

Selling too much would affect his control over the company, but selling too little would make it difficult to attract high-quality investors. Therefore, 30% of the equity became the balance point in his mind.

In addition, Zhao Wenhao has longer-term considerations.

He knew that in order to achieve the company's rapid development in the future, relying solely on its own funds was far from enough.

Therefore, he hopes to introduce investors with strategic vision, especially those who can bring technological breakthroughs to the company.

These resources not only provide financial support, but also help the company's technological innovation, thereby promoting rapid business expansion.

Zhao Wenhao learned that Goldman Sachs has a wide range of investments in the technology sector and has provided strong support to some innovative projects.

If given the opportunity, he hopes to work with Goldman Sachs and leverage its powerful resource network to accelerate the company's growth.

Of course, all of this needs to be based on the interests of both parties.

Chen Weiye was worried and unsure whether He Yaohua's team would accept the 30% condition.

However, since Zhao Wenhao had made the decision, he could only nod reluctantly, indicating that he was willing to try again.

Zhao Wenhao thought for a moment and said, "Mr. Chen, how about this? I'll arrange for some people to accompany you this time. You'll be in charge of the technical aspects, but let others handle the negotiations. This might be more appropriate."

After all, Chen Weiye's ability and character are there, and Zhao Wenhao knows it well after working with him for so long.

As long as the topic is about technology, Chen Weiye can talk endlessly and eloquently, but if it comes to other things, he will become a little dull.

Therefore, Zhao Wenhao believes that it is still necessary to organize a professional negotiation team to take charge of this matter.

As for the in-depth investigation of He Yaohua's team, Zhao Wenhao will certainly not relax and will have to continue moving forward.

Now, everything was told by Chen Weiye. It wasn't that Zhao Wenhao didn't trust Chen Weiye, but he felt that a gentleman could be deceived. Chen Weiye was one of those people.

Since there is a possibility of cooperation in the future, it is of course necessary for Zhao Wenhao to fully understand He Yaohua's team and himself.

Only after mastering all the information can Zhao Wenhao make the final decision on whether to make this investment.

After some communication, Chen Weiye left again.

Zhao Wenhao asked Lu Han to come in again, and he was mainly responsible for conducting the investigation work on He Yaohua's team.

Now, Zhao Wenhao hopes that Lu Han can speed up and complete all investigations before both parties reach an agreement.

..................... ..

Time flies. In the blink of an eye, a month has passed and the calendar has turned to late January 1996.

During this period, Zhao Wenhao, He Yaohua and their team went through a series of tense and mysterious negotiations. In the end, they successfully reached a preliminary agreement.

Under the agreement, Zhao Wenhao would establish a new company and pledge an initial investment of 1800 million yuan. Six months later, he would add another 2000 million yuan, bringing the total investment to an impressive 3800 million yuan.

In return, Zhao Wenhao will hold 70% of the company's equity.

At the same time, the team led by He Yaohua invested their technology and held 30% of the company's shares.

In the coming year, if He Yaohua's team can successfully develop 64K memory and needs to further expand investment, both parties will jointly assume responsibility and inject funds.

If He Yaohua's team lacks financial support at that time, they can choose to mortgage part or all of their shares to Zhao Wenhao.

In addition, when it is necessary to introduce external investors, the two parties will conduct friendly negotiations and put them into practice on the premise of respecting each other's wishes.

Obviously, such preliminary terms not only guarantee the interests of both parties, but also impose certain constraints on both parties.

In Zhao Wenhao's view, as long as the new company can achieve breakthroughs in R&D, other problems will not be a big deal. Moreover, there are these clauses to protect it.

Therefore, under such conditions, Zhao Wenhao preliminarily agreed to the cooperation between the two parties.

At the same time, under Lu Han's secret investigation, a large-scale survey has been conducted on the situation of He Yaohua and his team.

Zhao Wenhao has already thought of the name of the new company, which is Hengyuan Semiconductor Electronics Co., Ltd.

However, the Chinese New Year is still more than a month away. Moreover, it will take some time for He Yaohua's team to leave their original company and join us.

Therefore, it is not convenient for Zhao Wenhao to reach a formal contract with He Yaohua privately right now. He can only start the next step of the procedure after they leave.