Chapter 199: Nayuki’s Series C Financing
Chapter 199: Nayuki’s Series C Financing
Lawyer Luo said solemnly: "Chairman, as long as the evidence is sufficient, there is no problem in winning this lawsuit.
What's more, the publication number of our laser invention patent has come out, which is the biggest evidence weapon. However, after all, it has not been authorized, and there is a very small probability of risk. We should make all adequate preparations. "
Mu Yang nodded, and mentioned to everyone that the publication number of the laser invention patent has been released, but it has not been made public yet, so please don't say it.
Moreover, what Lawyer Luo said is correct. After the publication number of the invention patent is published, it has to go through a substantive review. Only after passing the review can it be authorized, and it can be regarded as owning the patent. Therefore, the work that should be done still needs to be prepared.
Mu Yang has some understanding of Lawyer Luo's ability. After all, he has worked in a law firm for many years and has a lot of experience. However, lawyers also have specialties.
He was not at ease, and after Lawyer Luo left, he explained to Zhang Xiaofeng: "In the future, the group will have more and more lawsuits. Let's urgently recruit two lawyers who are familiar with intellectual property dispute cases to form the group's lawyer team."
It is too expensive to hire a lawyer to file a lawsuit. For this kind of dispute, a regular law firm charges according to the percentage of the case, and the market price is 5%. It is better to hire a lawyer.
If the bid is very high, even if the percentage can be negotiated, it may not be 5%, even if it is 2% or 3%, calculated at 618 million yuan, it is still a very high fee, tens of millions. (For example, the bankruptcy and reorganization of Chongcheng Iron and Steel Works cost 86.8 million yuan in legal fees)
In doing so, the Xinghai Group will lose money.
Mu Yang was confident, so he didn't plan to hire a lawyer.
"Okay, no problem, it should be true." Zhang Xiaofeng replied.
After Mu Yang gave orders, the technical department differentiated the functions of the two lasers according to Lawyer Luo's requirements. If there were any differences in design and principle, they had to write them out and form a copy, and then told Lawyer Luo.
The principle of determining patent infringement has always been a difficult issue in the judicial practice of various countries.
Judging patent infringement is different from judging breach of contract. The contract has corresponding contract clauses, which are more operable.
The determination of patent infringement needs to be compared with the claims. In many cases, the accused product solution is inconsistent with the claims. To what extent the inconsistency constitutes infringement, and to what extent the inconsistency does not constitute infringement.
It's like two twin girls with the same face and height, but the size of the murder weapon is different. Does it count as infringing on each other's patent?
Of course it counts!
The appearance structure is covered by the patent, and the patent protection law covers the different sizes, but it doesn't matter whether it is A or B, even if it is a big G, it is unreasonable.
Well, no big deal.
In other words, one of the twins is disfigured, or a certain part has been modified, which is still an infringement, because the main features have not changed.
What is the main special, such as genes.
For lasers, it's the working principle.
The working principle is different, so it will definitely not cause infringement.
Therefore, IPG designed a 1000W fiber laser, not to say that Xinghai Company cannot design lasers, but to avoid the main features of IGP.
In fact, the principle of Xinghai's laser is different from IPG's in many ways. This point alone does not constitute infringement at all, not to mention that there are invention patents, but they have not been authorized yet, which has certain risks.
The H City Intermediate People's Court accepted the case mainly because they did not know enough about the laser, and the other party was a foreign-funded company, so the evidence they found was relatively sufficient and cautious.
There is still a month to go, and there are many things that can be done during this period.
The next day, Yang Nian returned to City H and had work to report.
When she came last time, the company's new office building and dormitory were not in use. Unexpectedly, even the latest office building has been in use now.
The new office building is more majestic than the old office building, resplendent and resplendent, and there are two falcons carved in solid wood in the lobby, which are lifelike.
"Hi, who am I looking for?"
As soon as Yang Nian entered the hall, he was greeted with a professional smile by the female receptionist at the front desk.
"Oh, I'm looking for Mr. Mu."
"Do you have an appointment?"
Suddenly, Yang Nian was taken aback by this female employee who didn't know her. However, she was not angry, but felt that the company was very formal.
Besides, this female employee also acts according to the system.
She returned the salute with a smile, and replied politely: "Yes, I am Yang Nian from Naixue Company."
The receptionist was stunned for a moment, and finally came to his senses, and said in surprise, "Ah, you are Mr. Yang, sorry, this is the first time I've seen you."
"It's fine, you've done a great job."
"Thank you. I'll call the chairman to see if he's in the company." The front desk still wanted to confirm that she had never met Yang Nian, but had only heard about it. What if this woman pretended to go in.
Needless to say, there are many people who come here to sell business recently, and many of them are women.
Yang Nian was taken aback, and was suddenly amused. She felt that the front desk's reaction ability was really good, but she still waited.
After a while, the call from the front desk was connected. This time she really confirmed it. She bowed to Yang Nianwei and said, "Mr. Yang, I'm sorry, I really didn't recognize you. The chairman invites you to his office. room."
"It's really fine." Yang Nian smiled gently.
After the front desk finished speaking, he took Yang Nian to the elevator door and pressed the elevator button for her before leaving.
Seeing Yang Nian enter the elevator, the beautiful female receptionist patted the murder weapon.
At this time, Yang Nian took the elevator and quickly reached the fifth floor, and came to the office of the chairman of 101.
Knocked on the door and went in after hearing "Please come in", Mu Yang let her sit on the sofa.
"Boss, Xinghai Group is much more regulated than before."
"Oh, that's right." Mu Yang smiled lightly, "I thought you were going to say that it's not easy to enter Xinghai."
"Hehe, yes, but this feels good."
"Yes, the company is developing rapidly, and a lot of benefits have spread. There are many people who want to discuss cooperation with Xinghai. There are too many people who come to visit every day, and many of them come to me directly. How can I have So much energy to talk about. If it is not a major matter, the front desk will help me shirk it, or let other leaders be responsible." Mu Yang said with emotion, "How is Naixue now?"
"At the beginning of this month, ten stores were expanded in Guangdong City, and the 110th store was completed. The performance of each store dropped by 5.7% compared with last year's average performance. Many investors entered the new milk tea industry. According to our statistics, there are more than 5 stores in the market. There are already more than 20 new milk tea brands." Yang Nian counted them carefully, "However, most of them copy our business model, and there are not many profitable ones, and only two or three are the most competitive."
Mu Yang nodded, he had expected it and was not surprised.
"Talk about the financing this time, what is the pre-investment valuation given by the other party?"
Before Yang Nian came, he called Mu Yang and said that the C round of financing was ready.
Of course, the 500 million yuan raised has not been spent yet, and there are still 100 to 200 million yuan left.
Moreover, since the start of the business, as of March 1, Naixue’s total revenue has reached 1.39 billion yuan, with a high profit margin, and the current liquidity is abundant.
But if you want to go public, you have to let some powerful venture capital come in, and it’s good for financing, or it’s better to transfer shares.
The listing time is not calculated based on the financing rounds and financing time.
Generally, companies have already been listed in the C round. If they are not yet listed in the D round, there should be other considerations, not the issue of funds.
This time, Mu Yang will communicate and analyze with Yang Nian. When Naixue’s development is suitable for listing, it depends not only on the company’s development and corporate image. If these basic skills are done well, it also depends on the NASDAQ listing environment.
If the stock market is in a prosperous period, investors are positive, the market valuation is relatively high, and Naixue’s valuation has reached a high point, there is no doubt that this time is the best time to go public and collect money.