Chapter 241 Taking over the Investment Project of ‘Wowu Biology’!

"Is this still called 'nothing more than that'?"

Li Meng was speechless and said with emotion: "As for you now, let alone your peers, even among all the people in the country, you have already surpassed 99.9% of the people. How many people have worked hard all their lives, but the wealth they have accumulated will not exceed 5 million, not to mention the numerical unit of 100 million?”

"The expectations are different!" Su Yu said, "What I said is just for me personally."

With the advantage of rebirth and ten years of subsequent trading experience in the financial market, if the goal is just to become a billionaire, it would be a bit too ambitious.

"That's right!" Li Meng smiled, "Your journey along the way has truly become a legend in the market. It's hard for others to copy it."

"What's not legendary?" Su Yu smiled and said, "It just happened to hit the limelight, and the investment theory he studied has been verified by the market."

Li Meng smiled and said, "Why are you so humble all of a sudden?"

"Because no matter what time, arrogance and pride are the root of failure." Su Yu said, "Especially for those of us who trade in the financial market, this is even more true. Temporary success is irrelevant. After all, You never know what the next change in the market will be. We cannot be temporary winners in the market, but should be the 'evergreen trees' in the market."

"So, after we have accumulated enough foundation through short-term and ultra-short-term investment, should we switch to long-term investment?" Li Meng asked, "From market speculation to market investment?"

Su Yu rubbed his temples and said with a smile: "There is actually no essential difference between speculation and investment. What I want to say is not this, but our choice of opportunities and investment methods. There should be more in the future. The development of diversification should not be limited to the stock market or even the domestic financial market.”

"Of course, it's too early to say this now."

"After all, our company has not even received its first payment yet, and its own capital pool is almost zero."

"From the perspective of future development direction, it certainly cannot be limited to the stock market." Li Meng added, "The secondary market capacity is limited after all and is far less broad than the primary market. With the further improvement of my country's comprehensive national strength and the continuous development of the financial market, There is definitely great potential in terms of development, venture capital, and venture capital. Didn’t you also have this ambition when you established the venture capital department in the company?”

“And now our company is on the venture capital side.”

"We have invested in 7 start-up and development companies. Although the investment scale is not large, the results are still very significant."

"It's just that in this direction, as you said, the capital accumulation time is too long and the investment is difficult to realize. Our company cannot use its hands and feet without sufficient self-owned funds, like other domestic venture capital companies and venture capital companies. It is too short and too short to penetrate into many large-scale investment projects.”

"But these... I don't think there's any hurry."

"The company has grown to its current scale in just a few months, which is beyond everyone's expectations. We can only slowly adjust our development strategy step by step and continue our layout."

"Yeah!" Su Yu nodded slightly, "That's all we can do."

While the two were chatting, the car had arrived at the garage downstairs. Then, the two got out of the car and went home. They continued to chat for a few words, then washed up and went to bed.

The next day, when Su Yu woke up.

Li Meng had already left his residence, booked a ticket to go back to Yuzhou, and prepared breakfast for him when he left.

Su Yu glanced at the text message Li Meng sent him when he left, and then ate the breakfast prepared by the other party, feeling suddenly warm in his heart.

Thinking about the future, if it can be maintained like this, it will not be bad.

"Mr. Su..."

After Su Yu finished breakfast and was about to rest comfortably at home for a long time, he suddenly received a call from He Qian, the director of the company's venture capital department: "In the list of companies you asked Liang Bin and I to find ways to contact, about Zhezhou The investment project of Wowu Biotechnology Company has made progress.”

"Oh?" Su Yu was a little surprised, "Are they willing to let us in?"

The 'Wowu Biotechnology Company' mentioned by He Qian is a company with allergen drug development as its core product and competitive advantage.

Currently, this company already has a successful pharmaceutical product that has entered the market.

And it has established a first-mover advantage in the same field.

At the same time, its revenue and profit scale have reached the GEM listing conditions, and... the other party submitted an IPO application a year and a half ago.

It can be regarded as a quasi-listed company that is just shy of being listed.

Unfortunately, shortly after the other party submitted its IPO application, the regulatory authorities closed the IPO channel due to the continuous blood loss in the market and the continuous break-up of new shares.

As a result, this company was stuck at this 'final stop'.

"No..." He Qian replied, "We still haven't found a breakthrough for investment at the level of the company's actual controllers and major shareholders. After all, although they are stuck at the threshold of listing, their financial status is still relatively good. , there is not much need for continued financing, so it is not easy for us to intervene.”

"The breakthrough I was talking about..."

"Almost two years ago, when Wowu Biotech was preparing to submit its IPO application, an investment fund intervened in this company during the final PE stage."

"Anzhao Fund?" Su Yu asked.

He had done some rough research on the company Wowu Biotech and was relatively optimistic about the future of this company, so he asked He Qian and Liang Bin to contact them to see if they could start from the first level when the entire IPO market was stagnant. In the market, get involved in the investment of this company.

In this way, he knows which investment institutions have participated in the financing of this company.

My heart is also clear.

"Yes, Anzhao Fund." He Qian replied, "The performance of their fund this year is very poor, so I can't wait until Wowu Biotech is successfully listed before cashing in the chips."

"So, after knowing that we were interested in the investment project of Wowu Biotechnology..."

"So he took the initiative to contact me."

"However, Mr. Su..."

He Qian paused and then said: "They need a premium of about 20% before they are willing to take action, and the shares of Wowu Biotech they hold are probably worth 5,000 based on the valuation of Wowu Biotech when they participated. It’s around 10,000 yuan. With our company’s current self-owned capital flow, I’m afraid it’s hard to swallow.”

"A premium of about 20%." Su Yu pondered for a while and replied, "After being imprisoned for two years, and if the IPO is restarted, there is a high probability that Wowu Biotechnology will pass the review committee and be successfully listed. , In this case, it is not excessive for them to withdraw early and ask for a 20% premium.”

"As for the market value of 50 million..."

"With the company's cash flow, plus the cash I currently hold, I can afford it."

"Since the other party took the initiative to contact us..." Su Yu paused, "Then let's meet and talk. If the price is right, if we win this equity, there is a high probability that we will not lose money in the future."

Su Yu believed that the reason why the other party was eager to sell was because the capital accumulation was too serious.

After all, after being locked up for two years, there is still no hope of the market IPO restarting. And even if I don’t know how long it will take, the market IPO will restart. Wowu Biotech also passed the review and was successfully listed. Before the IPO stagnation, the market’s new stocks continued to break. In this situation, I don’t know if I can make a profit yet.

So, when expectations were frustrated again and again.

The net value performance of its main funds is extremely unsatisfactory, and the net value settlement needs to be carried out at the end of the year to give investors a time to explain.

The other party will have to rush to find a buyer to take over the project.

But these situations simply do not exist for Su Yu and Yuhang Investment. They are currently in a stage of rapid development. Although the company's cash flow is currently somewhat tight, the performance created by the fund and the undivided profits In terms of profits, in fact, their available funds are very abundant.

Able to withstand the risks of capital accumulation and long-term investment.

You can also have the patience to wait until "spring flowers bloom" after acquiring equity interests in related projects.

"Okay!" Seeing that Su Yu had no objection, He Qian responded and continued, "Then I will accept the arrangements made by Mr. Qin of Anzhao Fund. Mr. Qin hopes to meet Su at noon today at the Xianglan Hotel. Let’s talk directly when we meet.”

"Okay!" Su Yu said, "Then you clean up and come with me later."

"Okay." He Qian responded and hung up the phone.

Afterwards, Su Yu tidied up, changed his clothes and went out, then drove to pick up He Qian and went directly to the 'Xianglan Hotel' that he had agreed with.

"Where's Liang Bin?"

In the car, Su Yu asked, "Have you been the one handling this project?"

"He went to Guangdong." He Qian replied, "He has always wanted to talk about the 'New Microelectronics' project. Well... I have been following up on the Wowu Biology project."

"Oh!" Su Yu responded, "Nothing happened to you two recently, right?"

"No!" He Qian said, "Everything is normal. Everyone is minding their own business. In the past week or two, we have rarely seen each other. If anything happens, we always talk on the phone. After all, I feel that the market investment sentiment is picking up. , many high-quality projects in the primary market are not as easy to negotiate as before, so we must seize the time.”

"I heard..." Su Yu thought for a while and said.

"It's all nonsense." He Qian didn't wait for Su Yu to finish, then she smiled calmly, "Liang Bin is not my type. We are at most colleagues and just ordinary friends. Well... speaking of it, Haven’t gotten close to you yet?”

"Uh..." Su Yu was choked by her words and was speechless.

"Don't worry..." Seeing him frowning slightly, He Qian said with a smile, "I'm not the kind of person who takes away someone's love. Li Meng is my best friend and best friend, and I won't betray her. ”

"Forget it, don't talk about it."

Seeing that the topic was getting further and further, Su Yu paused for a while and couldn't help but change the topic back: "Are you familiar with Mr. Qin from Anzhao Fund?"

"I haven't seen her before, but I heard she is a great beauty." He Qian said, "And she seems to have some relationship with Chairman Wu of Zhezhou Oriental Group, right? There is also Anzhao Fund...it seems to be controlled by Zhezhou Oriental Group. Speaking of which, Mr. Qin is more like the agent of Chairman Wu of Oriental Group.”

"Yeah." Su Yu said, "This person's reputation in the industry is far more famous than his performance ability."

"Never mind her." He Qian said, "As long as she keeps her word and we can sign this equity transfer agreement within a reasonable price range, then everything will be fine. Others... we don't have to worry about so much."

"Knowing their motives is still very useful for our negotiations." Su Yu said, "Given the relationship between Anzhao Fund and Oriental Group, I wonder...they are so eager to withdraw and take the initiative to contact us. Does it mean that there are some problems within the Oriental Group?"

"After all, as far as I know..."

"Most of the funds managed by Anzhao Fund are funds of the Oriental Group."

"And if there is really a cash flow gap problem within the Oriental Group, which has forced Anzhao Fund to invest off-market and recover cash as soon as possible."

"Then our negotiations are completely in a proactive position."

"We can also take advantage of the other party's eagerness to recover funds and cut down the 20% premium they mentioned."

While Su Yu was talking, He Qian thought about it seriously and nodded in agreement.

Indeed, they took the initiative to seek investment for this project before, but did not get a breakthrough, but now the other party took the initiative to find them, and their motives seem a bit strange.

"But there are more buyers in the market than just us." After thinking for a while, He Qian said, "During the period when Wowu Biotechnology's IPO was stagnant, its performance was still very stable. The future value of this part of the shares held by Anzhao Fund still has great growth potential."

"I'm worried that if we lower the price too much, the other party may not sell it to us."

"You don't have to lower it too much." Su Yu said, "Let the other party make a profit, and we can also reduce some investment costs."

"Of course, the details..."

"Let's wait until we meet and negotiate before deciding!"

As they said, the two had arrived at the door of the 'Xianglan Hotel'. Su Yu parked the car and, under the guidance of the receptionist, he and He Qian came to the private room agreed with the other party.

When they walked into the room, they saw that there was a tall and beautiful woman in the private room.

There was also a slightly fat middle-aged man.

"Boss Su, I've heard of your name for a long time!" Seeing Su Yu walk into the room, the tall beauty stood up and greeted him, "You are a legend in our Yuhang private equity industry. It's not easy to meet you."

"Boss Qin, you're too polite." Su Yu smiled and shook her hand symbolically, "I have also heard of Boss Qin's name, of course... Boss Qin's reputation is even more famous."

Qin Qiuyue couldn't help but chuckled when she heard his praise, "Boss Su, you are really good at talking."

"What I said is the truth." Su Yu looked at the other party carefully, but he couldn't help but be attracted by the other party's beauty, "The title of the most beautiful woman in our Yuhang industry is not something that everyone can get. However, after seeing it today, Boss Qin is indeed worthy of the name."

"Oh, by the way, this is our company's venture capital department, Manager He."

Su Yu introduced the other party after a brief greeting.

"Hello!" Qin Qiuyue shook hands with He Qian after Su Yu introduced her, and then turned to introduce the middle-aged man next to them, "This is Mr. Yu from Zhejiang Dongfang Group, my friend. Mr. Yu wants to meet Mr. Su today. After all, Mr. Su's name has been well-known in our Yuhang financial circle and investment circle recently."

"Mr. Qin is too kind." Su Yu laughed.

Then he shook hands with Mr. Yu from Dongfang Group and exchanged a few simple pleasantries.

Of course, after Mr. Yu appeared, Su Yu was more certain of his previous guess that it was the Dongfang Group, the real boss behind Anzhao Fund, that had a capital chain problem, which led to Anzhao Fund's urgent need to recover funds and cut off its over-the-counter investment projects.

Then, after getting to know each other...

Everyone talked about some recent financial events and market views, and then directly cut into the matter of equity transfer of 'Wowu Biotechnology Company'.

"We do intend to take over your shares in Wowu Biotechnology." After officially getting into the topic, Su Yu began to show his true colors. "But I think your asking price is too high. We cannot accept a 20% premium. In fact... at this stage, both the development of Wowu Biotechnology and the hope of restarting the IPO market are full of uncertainty."