Rebirth: All Patents, Cutting off the European and American Tech Tree

#358 - Chapter 358: Invest 300 billion in half a year! Yu Dazui’s doubts!

Transformed into the headquarters.

Conference room.

The two parties sat on either side of the conference table.

Huawei was led by President Ren and President Yu, with Chen Hao flanked by Liu Aili and others.

They had previously communicated and agreed to jointly establish China Tower, and there was no objection to this.

The meeting was for two things.

First, to determine the shareholding ratio and sign the agreement.

Second.

Huawei's newly established company for building communication base stations, along with the four people brought by Chen Hao, would engage in technical exchanges.

"Chairman Chen, we want 49% of the shares, with Han Teng Capital holding the controlling stake, is that okay?"

President Yu promoted his big mouth style.

Asking for the sky-high price.

Bargaining on the ground.

"Sure."

Chen Hao nodded with a smile, adding, "President Yu, not to mention 49% of the shares, 99% is fine."

President Yu was dumbfounded.

He actually knew in his heart that Huawei couldn't get 49% of the shares.

Getting around 30% would be good enough.

He was asking for a high price to bargain.

But…

He once suspected whether the young man was as amazing as President Ren said.

He agreed so easily?

"My requirement is that nationwide coverage must be completed within six months," Chen Hao said with a smile.

"Six months?!"

"Yes."

Chen Hao smiled again, "Let me calculate the costs for President Yu, and then you can decide on the specific shareholding."

The Iron Tower Group provides communication services.

Especially in the beginning, there was almost no revenue, but massive amounts of capital had to be invested—the base stations covering the entire country required astronomical investments.

Chen Hao wanted to skip 2G and directly enter the 4G era.

What was the concept?

300,000 base stations were barely enough to cover the country with 3G signals.

But if 4G coverage was upgraded nationwide, at least 2 million or more would be needed.

In 2001, prices were relatively low, and the construction cost of a 4G base station was about 150,000.

Of course.

This refers to the plains areas.

In mountainous areas, plateaus, and other special terrains, the cost would be far more than that.

In other words.

To barely achieve 4G nationwide coverage, calculated at the cost of construction in the plains, the investment would be approximately…

300 billion!

"How much money is Huawei prepared to invest?" Chen Hao asked with a smile.

"…"

How much money could be invested?

Chen Hao required that the new company must expand like crazy, recruit technical personnel like crazy, build communication base stations like crazy, and must achieve nationwide coverage within six months.

Which meant…

At least 300 billion would have to be invested within six months!

"Alright!"

President Ren glared at President Yu, a little bit amused and annoyed: "Do you still want 49%? Do you really think Chairman Chen is so easy to manipulate? Once you calculate the costs, you'll be dumbfounded—Chairman Chen, Huawei wants 5%!"

With an investment of 300 billion.

Huawei could only account for 5% with its capabilities!

"No…"

President Yu frowned slightly: "Chairman Chen, does your side… have that much capital?"

300 billion!

In terms of China's current economy, it was an untouchable astronomical figure!

How much was the richest man's wealth?

Only tens of billions.

Huawei only accounted for 5% of the shares, and the remaining 95% belonged to Han Teng Capital, which meant that 285 billion in cash had to be taken out within six months!

This money didn't need to be cashed out immediately, but rather invested gradually within six months.

But!

You had to make the other party believe that you had the strength!

Faced with an investment of at least 300 billion, Huawei didn't have the funds to hold 49% of the shares, but what if Chen Hao didn't have it either?

Then why should you hold 95%?

President Ren had been in contact with Chen Hao and knew that this young man's strength was extraordinary.

But President Yu was meeting Chen Hao for the first time.

Completely unfamiliar.

His understanding of Chen Hao was only from what President Ren said, how could he completely trust him?

Furthermore.

What if neither party could come up with 300 billion?

The project couldn't proceed!

There was no need to even establish a new company!

Otherwise, if the project was advanced to a certain extent and both parties didn't have the money to continue investing, it would be better not to do it than to give up halfway.

Over here.

Chen Hao's heart sank.

In less than a year, he had earned nearly a trillion, but the problem was that he had either donated it gradually or invested it in various fields.

The head office only had a few hundred million in its account.

He didn't expect Yu Da Zui to be so serious on the spot.

The problem came!

How to prove that Han Teng Capital could come up with more than 280 billion?

Just then, the phone rang.

Seeing that it was his sister-in-law's number, he lowered his voice and asked, "What's wrong?"

"Those fat sheep…"

Xia Qingyan just opened her mouth, then changed her words: "No! The representatives of the partners have all arrived early this morning, and the auction will start later—how much should the starting price be set at?"

Chen Hao was immediately amused.

He didn't say the price on the phone, but sent it via text message after hanging up.

While sending the text message, he looked at President Yu: "President Yu, Huawei has a branch or office in Shanghai, right?"

"Yes," President Yu nodded.

"Like this! Please send someone to Han Teng Capital immediately to watch an auction."

"What auction?"

"It's not important."

Chen Hao smiled faintly: "At that time, you will know whether Han Teng Capital has the strength to win 95% of the equity of China Tower—the sooner the better, or you won't be able to see it."

President Yu immediately made a phone call.

He knew better than anyone the value of Chen Hao's new company and overall layout.

Once successful, the three major operators would fall!

The entire Chinese communications industry would be monopolized by the two parties.

Whether Han Teng Capital had the strength was the core of this cooperation.

Without money, nothing could be done.

With money.

They would monopolize the communications market!

Since Chen Hao said that sending someone to Han Teng Capital's headquarters could prove whether they had the strength, how could he dare to delay?

It would take time to send someone over.

It would also take time to watch the 'show'.

Chen Hao suggested that the meeting be suspended, and take advantage of this time to call over the senior executives of Huawei's base station company, plus the four people he brought, to conduct relevant technical analysis.

Little Sunflower Classroom is now open!

…

Back in the office.

President Ren was reviewing documents.

"President Ren."

President Yu, with his impatient personality, couldn't help but say: "Aren't you worried that Han Teng Capital doesn't have that much money? If Chairman Chen hadn't calculated the costs, I wouldn't have known that this new company would require so much investment!"

300 billion was just the starting point.

In actual operation, it would only be more!

"You underestimate Chairman Chen," President Ren said with a smile.

"It's not that I'm underestimating, it's just that… this number is too outrageous!"

"Then do you know how much money he made from selling new product technology patents multiple times before?"

"How much?"

"Hundreds of billions!"

This was only what he knew.

And it was limited to the auction of technology patents.

"That's still far from enough for 300 billion," President Yu pouted.

He had been in Europe promoting Huawei's 3G base stations and hadn't been back to China for long.

How could he go and understand Han Teng Capital in detail?

"US dollars," President Ren said with a smile.

"Ah?!"

President Yu widened his eyes.

But soon, he frowned and shook his head: "That's not right! If he really had that much money, why didn't he refute when I questioned whether Han Teng Capital had the financial strength just now?"

President Ren was stunned.

That's right!

He knew that the young man was very heaven-defying and also knew that the other party was very rich.

But before in the conference room…

Why didn't he refute when faced with the question?

Could it be that he really didn't have that much cash?

At this moment, President Yu's phone rang.

The number was from the manager of the Shanghai branch.

President Yu's eyes lit up, and he pressed the answer button: "Have you arrived at Han Teng Capital? What did you see?"

"President Yu, they… they are auctioning!"

"Auctioning?"

"Yes! Auctioning automotive technology, it's crazy!"

"What do you mean?"

"The first car's auction transaction price… 25.3 billion US dollars!"

"How much?!"

Yu Da Zui thought he had misheard.

"25.3 billion US dollars!" the branch manager repeated.

*Thump!*

When answering the phone, he subconsciously stood up and then slumped back down in shock.