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Chapter 312: Conditions for Tengxu’s Investment
CHAPTER 312: CHAPTER 312: CONDITIONS FOR TENGXU’S INVESTMENT
In short.
Chen Yiyang’s investment success rate and his post-investment transformation of the companies he invests in have led Tengxu internally to a conclusion.
This person’s insight is frighteningly accurate, and he has his own thoughts about the market.
In the public eye, Tengxu is a network company, a high-tech company.
But in reality, Tengxu is actually an investment company, and the biggest profit growth point for the company presently comes from various external investments.
Faced with such talent as Chen Yiyang, Tengxu internally can’t help but feel a bit envious.
Of course, currently recruiting him is impossible.
After all, Chen Yiyang’s net worth is already in the hundreds of billions, and he has no necessity to join other companies.
But maintaining a good relationship with Chen Yiyang and binding mutual interests is considered a good method.
Once the relationship and interests are tightly bound, whatever company Chen Yiyang invests in, Tengxu can follow up with investment.
With Tengxu’s capital volume and reputation, even a late entry would secure a significant share, enough to make a profit.
Therefore, Wu Changxun came to find Chen Yiyang, ostensibly to invest in Yiyang Automobile, but in reality, it was to invest in Chen Yiyang himself.
"Currently, Tengxu’s valuation of Yiyang Automobile is about five billion, and based on this valuation, as many shares as Yiyang Automobile wants to release, Tengxu will take over."
Wu Changxun presented Chen Yiyang with an irresistible offer.
Five billion valuation?
Chen Yiyang himself now values Yiyang Automobile at about one billion.
The most valuable part of these valuations is Yiyang Automobile’s current ownership of three automobile factories.
Of course, the news of Yiyang Automobile entering the Japanese Market has not yet been revealed.
Otherwise, the market value could increase a bit.
But in any case, Yiyang Automobile’s market value would never reach five billion.
Tengxu’s generosity instead made Chen Yiyang cautious.
Dealing with these big corporations requires extra vigilance.
However, directly rejecting them wouldn’t be wise.
At least at this current stage, Chen Yiyang doesn’t want to become enemies with Nanshan Pizza Hut.
So Chen Yiyang thought for a while and directly said, "I recently went to Japan and talked with the management of Toyota Group."
"Hmm?" Wu Changxun looked up surprised.
He knew Chen Yiyang had his own network overseas. But he didn’t expect that he would have connections with a big group like Toyota.
"Toyota promised to grant Yiyang Automobile eligibility to enter the Japanese automobile market."
"So, is Toyota planning to invest in Yiyang Automobile?" Upon hearing Chen Yiyang’s words, Wu Changxun began to ponder this matter.
Toyota has always been indifferent towards the field of new energy electric vehicles, investing little in this area.
But this does not hinder Toyota from being very wealthy, ready to invest in any promising new energy vehicle company and acquire its core technology to produce their own cars.
If Toyota is investing in Yiyang Automobile, it’s not impossible.
Wu Changxun glanced at Chen Yiyang again, but Chen Yiyang said nothing, merely taking a silent sip of tea.
Wu Changxun again began to imagine.
Chen Yiyang suddenly mentioning Toyota, could it be that the condition Toyota offered for investing in Yiyang Automobile was to enter the Japanese automobile market?
Many promising and potential companies don’t actually lack investors.
But these companies prefer investors or institutions with resources to invest in their company.
What are resources?
Take a simple example, like Yiyang Automobile’s initial shareholder DiDi and later Aiya who took over DiDi’s shares.
The reason Chen Yiyang initially agreed to let these two companies invest in Yiyang Automobile was because DiDi could bring orders to Yiyang Automobile, while Aiya had the connections in Brazil to help Yiyang Automobile expand its market.
Thus, for companies like Yiyang Automobile, pure monetary investment is not enough; they need resource investment.
Biya Mansion, although actively requested by Chen Yiyang to invest, would also help Yiyang Automobile establish its sales channel in the Japanese market.
Now that Tengxu wants to invest in Yiyang Automobile, they have to provide some resources.
The most valuable resource Tengxu can offer is its social media platforms, which can help advertise the invested company.
"If Yiyang Automobile wants to advertise on Tengxu’s controlled platforms in the future, it can pay forty percent of the market price."
Wu Changxun offered a condition he felt was very generous.
According to general new energy vehicle marketing standards, the annual marketing cost should be over one hundred million.
When Wu Changxun said this, it was worth at least sixty million.
But Chen Yiyang didn’t think much of this sixty million.
He straightforwardly told Wu Changxun, "I heard Changcheng Company plans to acquire the Rayong Manufacturing Plant originally owned by General Motors Company in Thailand. Yiyang Automobile also hopes to acquire this factory. Can Tengxu help?"
"This matter." Surprised by Chen Yiyang’s condition, Wu Changxun said, "I am unfamiliar with the field. I will have to go back and discuss with people in the relevant sector of the company before I can reply to you."
"No problem, I can wait." Chen Yiyang directly said, "If Tengxu can help Yiyang Automobile acquire the Rayong Manufacturing Plant, then Yiyang Automobile would absolutely welcome Tengxu’s investment and support Tengxu becoming a major shareholder."
"Alright, then wait for my good news." Wu Changxun nodded in agreement.
Chen Yiyang unexpectedly proposed for Tengxu to help acquire the Thailand Rayong factory not to deliberately make things difficult for Wu Changxun or implicitly refuse Tengxu’s investment.
Rather, Tengxu’s influence in Southeast Asia is significant, especially in Thailand.
From games, music, streaming media to e-commerce, payment software.
Companies and software that Tencent has shares in all rank among the top three in the Thai market.
And in Thailand, a domestic giant corporation, the East Sea Group, with a market value of hundreds of billions of dollars, has Tengxu as its largest shareholder, holding as much as thirty-nine percent of shares.
It can be said that no domestic company can match Tengxu’s influence in Thailand.
Chen Yiyang only thought about it after Wu Changxun proposed Tengxu wanting to invest in Yiyang Automobile.
Since Tengxu wants to invest, why not let them handle the acquisition of the Rayong Auto Factory.
Reflecting on myself defeating Changcheng in Brazil and seizing the Yiboli Automobile Factory, it was partly due to some luck.
Whether this luck can continue in Thailand, Chen Yiyang does not feel confident.
But Changcheng is Chen Yiyang’s mortal enemy, even if Wei Hanyu has already been relegated to the grass-roots level, Chen Yiyang feels he must continue targeting Changcheng.
Only dead enemies are good enemies.
So the Rayong Automobile Factory in Thailand must be contested for.
Rather than groping around blindly in Thailand, why not let Tengxu exert some effort, see if they can bring a surprise.