My rebirth is different

Page 1004

"It's [-] million US dollars, it should be lower in two days." Hu Jinchang said lightly.

Cai Mingjie was taken aback for a moment, but for a while he didn't understand Hu Jinchang's meaning, what did it mean that it would be lower after two days.

"When the legendary mobile phone company stopped purchasing MediaTek's MTK system, to what extent does Mr. Cai think MediaTek's stock price will fall?" Hu Jinchang asked with a smile on his face.

Cai Mingjie's heart sank, it turned out that Hu Jinchang had such an idea!

There is no doubt that if the news of the suspension of cooperation between Legendary and MediaTek spreads, MediaTek's stock price will inevitably face a sharp drop.

In this case, the market value of MediaTek will also be greatly reduced.

Legendary mobile phone company can take this opportunity to acquire shares of MediaTek at a low price.

Of course, if you want to get enough shares in MediaTek, you can't just rely on the circulation market, because there are not many.

If you really want to hold a controlling stake, you still have to sit down and negotiate with the board of directors of MediaTek, and you can get enough shares through share expansion financing or transfer of shares.

"Mr. Hu, what I want to know is, does Legend Mobile want to hold a controlling stake in a chip company, or is it enough to just buy shares?" Cai Mingjie asked cautiously.

This question is very important. If the Legendary mobile phone company has no ambitions and just wants to take a share, it will take a dozen or so points. MediaTek doesn't mind at all and welcomes it very much.

But if you want to hold shares, the question has a completely different meaning.

Now the largest shareholder of MediaTek is of course Cai Mingjie himself. In addition, the old employees who followed him to found MediaTek also have a lot of shares in their hands.

Because it is an IC design company, it does not need to burn money continuously like Internet companies, so MediaTek has not experienced financing, nor has it received venture capital.

The largest stake is still in the hands of the founder team.

Cai Mingjie certainly does not want to give up control of the company.

If that's the case, wouldn't the founder of the company become a worker for the legendary mobile phone company?

So he wanted to know exactly what the Legendary Mobile Company was up to.

Everyone is smart, and Hu Jinchang doesn't go around in circles anymore.

He said unhurriedly: "Our requirements are not high, as long as the shareholding ratio exceeds 50.00%, it is enough, and the daily management of MediaTek is still handed over to the original management team, and Legendary Company does not intervene. In addition, Legendary's chip orders are naturally all handed over to the chip company controlled by him. 2000 million a year is a guarantee, and it may actually be higher!"

A stick in one hand and honey in the other.

On the one hand, they threatened to suspend cooperation and drive MediaTek out of the mainland market.

On the other hand, use the continuous large business orders in the future to attract.

The meaning is very clear, if I don't let me hold MediaTek, I will make your company unable to survive!

If it is allowed to hold shares, then everyone's life will be easier, and MediaTek will continue to receive orders from Legendary Company.

This is Hu Jinchang's plan.

Now let's see how Cai Mingjie chooses...

…………

Cai Mingjie felt very bitter, he really wanted to say "NO" loudly!

The company I worked so hard to create has finally developed to the current stage, so why should I let others be the masters.

But he didn't have the confidence to say NO, because it's useless to talk about it. How MediaTek can survive and live better and better is the most important thing.

However, he was still a little reconciled. He looked up at Hu Jinchang and asked, "On behalf of the board of directors of MediaTek, I can transfer up to 20.00% of Wu's shares to Legendary. Excluding the 20.00% in the circulation market and the 15.00% held by some institutions In addition, in fact, the founder team only has 60.00% 20.00. After transferring 40.00% 20.00 to you, only [-]% is left. Legendary company gets [-]%, which is also one of the major shareholders of MediaTek.”

This is almost his personal bottom line, because 60.00% of the 40.00% of the founder team belongs to him.

After allowing Legendary Company to enter the market, according to the ratio, he is still the largest shareholder, firmly in control of the board of directors, and has absolute right to speak.

Cai Jieming thought beautifully, but Hu Jinchang was obviously not satisfied.

Lao Hu shook his head bluntly, "Too little, we need 50.00% one, even less! Otherwise, we can buy a chip design company ourselves, maybe it will cost less money, nothing more than Just a little trouble."

Cai Jieming was speechless, because what the old nonsense said made sense. In fact, a considerable part of MediaTek's market value was supported by DVD decoding chips.

If that part of the business is removed, the market value of MediaTek may only be around [-] million US dollars.

He believes that the reason why Lao Hu did not take the initiative to talk to him about the acquisition of MediaTek may be that the acquisition of MediaTek is not in the interests of Legendary.

But in fact, he also underestimated himself a little bit. Although the DVD market is in decline, MediaTek's decoding technology is still very useful, and it is also very useful in mobile phones.

After all, for Legend Mobile, the most suitable acquisition target at present is MediaTek.

The price is moderate, the technical solution is mature, and there has been cooperation, so it can be seamlessly connected after the acquisition.

Simply perfect.

But Cai Jieming didn't know this. He only saw the fierce competition in the mobile phone chip market, with many major chip manufacturers competing, and MediaTek was just an insignificant small factory.

He has no confidence to say no to Hu Jinchang.

After hesitating again and again, Cai Jieming didn't dare to say anything. He told Hu Jinchang, "This matter is too important. I'm going back to hold a board meeting to discuss it."

Hu Jinchang expressed his understanding. After all, he wanted to give up the controlling stake. Even if Cai Jieming was the founder, he would not dare to make a decision alone.

…………

Flying to Pengcheng in a hurry, after meeting with Hu Jinchang to clarify the matter, Cai Jieming got on the plane to fly back to Baodao, ready to go back as soon as possible.

As a result, as soon as he got off the plane and before he left the airport, he received a call from the vice president of the company.

"Mr. Cai, it's not good! I don't know where the reporter got the news that we and Legendary Company have terminated the cooperation. Today, our company's stock price plummeted. Less than 3 minutes after the news came out, it directly fell to the limit!"

Cai Jieming's face turned pale, and he stood on the spot in a daze.

He understood that the news must have been intentionally released by Legendary Company.

The purpose is to suppress MediaTek's stock price, create psychological pressure on the company's shareholders, and let them understand the consequences of losing Legendary's business.

"What's the matter, President Cai?" Behind him, his secretary asked.

Cai Jieming took a deep breath and said bluntly: "Go back to the company immediately, and you should immediately notify the members of the board of directors that there will be a meeting at the headquarters in an hour, and everyone must be present!"

…………

At the MediaTek headquarters, members of the board of directors met behind closed doors from the afternoon to ten o'clock in the evening. After numerous disputes, disagreements, and compromises, everyone reached a consensus.

Agree to the acquisition request of the legendary mobile phone company, but it is not a share transfer, but an additional issuance of new shares.

In this case, a large amount of capital can be injected into the company and provide financial support for the company's long-term development.