Chapter 243: Tai Chi at the Financing Dinner

While the three of them were chatting and spanking, Cao Wenlong arrived. Chen Changliu stood up with Wu Feng and Li Jiwei. He looked at Cao Wenlong, who was chatting enthusiastically with Wu Feng and the others. He was indeed a talented person.

But if Chen Changliu knew that this guy was interested in his woman, he wouldn't say he was a talented person, he should be a talented person.

"Come on, Mr. Cao, let me introduce to you. This handsome guy who is too young is Mr. Chen Changliu, the youngest self-made founder of Huazhuangjia Technology Co., Ltd. in China. He is also the second largest shareholder of our Sail Electric Bicycle. , I’ll tell you secretly that Mr. Chen’s company has been included in the list of key inspection and support projects by the Yangcheng government.”

After hearing what Wu Feng said, the smile on Cao Wenlong's face did not change at all and was still full of enthusiasm. However, Chen Changliu could notice that his eyes had narrowed unconsciously when Wu Feng was talking about the list of government assistance programs on the machine. one time.

Sure enough, they are not fuel-efficient lamps, and they are much better than Lu Zhiwen.

Wu Feng continued to introduce at this time:

"Changliu, this is Cao Wenlong, the son of the Cao family in Yanjing. He is a top student at Harvard. He once worked at Citibank and is now the vice president of China for IDG Technology Venture Capital Fund.

IDG Technology Venture Capital Fund is one of the earliest venture capital companies to enter our country and has strong strength..."

Chen Changliu stretched out his hand and said with a smile: "Hello, Mr. Cao, Chen Changliu."

Cao Wenlong's face was full of enthusiasm, he grabbed Chen Changliu's hand and wouldn't let go, and even patted Chen Changliu's arm.

"Mr. Chen, you are young and promising. It can be said that there are few people in the world who have worked hard to achieve such a career at your age.

We at IDG Technology Venture Capital Fund like to deal with entrepreneurs like you. "

"Mr. Cao, you're too polite. Don't take it seriously."

For IDG, Du Zhiqiu, Wu Feng, and Li Jiwei are not very familiar with him and he can understand it, but as Chen Changliu, who has nearly 20 years of memory, this is different.

Because the person at the helm is more famous in China than the company itself, because his global chairman has many titles such as "China's No. 1 VC", "China Venture Capital Godfather", and "Investment Godfather".

From a reporter to an investment tycoon, that is a legend.

Chen Changliu paid more attention to Cao Wenlong. After all, at this age, he became the vice president of China. Whether it was because of family factors or not, he definitely had the strength.

After mutual introductions and greetings, everyone finally took their seats. With Wu Feng and Li Jiwei being active, there was no silence at the scene. After some polite remarks, the conversation finally turned to the purpose of Cao Wenlong's visit.

"Mr. Li, Mr. Wu, and Mr. Chen, you won't tell secrets, and I won't hide them. I think you also know the purpose of my trip, which is that we at IDG are very optimistic about your sailing electric bicycles and flower planting. HOME TECHNOLOGY LIMITED.

And to be honest, according to the information I have obtained, Fengfan is now facing a critical period of expanding production capacity. If it cannot establish a new production line as soon as possible, it will have a great impact on Fengfan electric vehicles' impact on the industry's leading position.

The same is true for flower growers. The research and development funds you need to spend on lithium battery and wafer research and development are definitely not a small amount.

Therefore, introducing venture capital companies is definitely the most important thing you should do now. Venture capital can not only bring you funds, but also bring you a lot of resources.

Your company has great potential. We, IDG, have the ability to help you list on Nasdaq within 2 years. We, IDG, can become your underwriting company..."

Cao Wenlong talked enthusiastically about the benefits that science venture capital can bring to Chen Changliu, Wu Feng, and Li Jiwei, as well as the temptation of going public in the United States.

At the end, Cao Wenlong also took out two documents, one for Wu Feng and one for Chen Changliu. They were the valuations of Fengfan Electric Bicycle and Zhonghuajia Technology Co., Ltd., as well as what Cao Wenlong expected IDG to give them in the future. help etc.

Chen Changliu was curious about Cao Wenlong's valuation of the flower grower, so he looked at it carefully.

500 million, this is the valuation offered by IDG to the flower grower. Chen Changliu did some calculations. Based on the current profit situation of the flower grower, the annual net profit must be less than 100 million. If calculated in this way, IDG's EP is about 7 or 8 times.

From the plan, Chen Changliu can see that IDG wants to invest 100 million, with financing accounting for 20% of the shares.

How should I put it? The valuation given to the flower grower is neither high nor low, but Chen Changliu is not very interested. You must know that he still has nearly 150 million in cash in his personal account. He gave up 20% of his shares for 100 million. Get out, unless he's an idiot.

Chen Changliu calmly closed the plan and placed it on the table. Cao Wenlong could not see any meaning on his face.

Not long after, Wu Fengyi inexplicably handed Chen Changliu the plan for the sailing electric bicycle.

Well, the valuation is 600 million. How should I put it? Based on the current profitability of Fengfan electric vehicles, EP should be set at about 4 times.

It seems low, but you must know that the flower grower has been in business for a year and has a mature and stable business.

Fengfan has only been established not long ago. Although its products are selling well now, no one knows whether it can maintain its current popularity in the future. Such a valuation is not bad.

IDG still wants to raise 20% of the shares. It seems that this is a capital investment.

After the two people looked at each other, Chen Changliu said:

"Mr. Cao, we still have to study this matter, but we have received your and your company's sincerity. If we introduce venture capital, you and your company will definitely be our first choice."

What Chen Changliu and the others plan to do is to practice Tai Chi. They don't object or agree, so let's hang on for now. If you don't have conflicts with people from the Yanjing family, don't do it. Who knows whether Cao Wenlong is broad-minded or not.

Some people may not be able to help you get things done, but they are still good at screwing up your things, especially some second and third generation people.

Cao Wenlong doesn't think that things can be settled over a dinner party. How can it be so simple?

This meal lasted for an hour and a half before it ended. Cao Wenlong was sent away, and Chen Changliu and the other three went directly to drink tea in a private room of a private club that Li Jiwei had booked for a long time.

Chen Changliu took a sip of tea and became more energetic.

"Brother Wu, Brother Li, this Mr. Cao is so confident that he actually talked to us about financing at the same time, haha!"

Wu Feng and Li Jiwei also laughed. Although they had shown that they were not opposed to financing before, Cao Wenlong's reason for going against each other was that the three of them were in the same overall interest. All the pride of the children of the Jingda family was put aside.

PS: Correct typos first and then correct them.