Chapter 772

President Wu, Gathering Abundance Technology came to our company today seeking financing for an IPO. Are you interested in joining the fun?

Gathering Abundance Technology? Is it the company that does mobile phone OEM like Dragon Soaring Electronics?

That's right. They originally did OEM for Japan's Sony phones, and recently they also got the OEM business for Nokia phones. They want to use this as an opportunity to raise funds and go public.

Was the OEM business of Dragon Soaring Electronics Factory snatched away by them? Interesting……

President Wu, how about it? Are you interested in taking a share?

General Manager Tang, what do you think of Chen Yang's investment vision?

Although I dislike this guy, I have to admit his vision is indeed somewhat ahead of the times.

Exactly, it's a business Chen Yang wouldn't even look at, yet Gathering Abundance Technology Company treats it as a treasure and even dreams of going public—don't you find that ridiculous?

President Wu, you can't say that. That guy Chen Yang isn't short of money, he's ambitious, and it's normal for him not to do mobile phone OEM business. But after all, Nokia is the world's best-selling phone, its brand influence is there. As long as Gathering Abundance Technology can maintain stable profitability, we can still push it a bit and there's hope for an IPO.

General Manager Tang, why don't you consult Chen Yang's opinion? If he's also willing to invest, I have no objection.

President Wu, you're making things difficult for me, my younger brother. You also know my relationship with him has always been bad.

It's fine, just give him a call. As long as he gives an attitude, I'll know how to proceed.

Alright, then I'll go find Wang Lei to talk with him.

……

In the office of Old Hundreds Agricultural Products Trading Company, Chen Yang was discussing the offline expansion plan for the Modu branch with Qian Duo Duo when a sudden knocking sound came from outside.

He looked up and saw Wang Lei standing outside the door, waving at him through the office's soundproof glass.

Chen Yang had Qian Duo Duo open the door, then he smiled and said, "General Manager Wang, why do you have time to come here today? Have you finished the game promotion work?"

Wang Lei said with a grin, "Director Chen, we've already spent half of the one-billion-yuan game experience fund. Do you think that's good or bad?"

Chen Yang, upon hearing that there were already fifty million users, smiled satisfactorily. "Not bad, not bad. You need to keep pushing, promote more, and try to consume the remaining five hundred million as well."

Wang Lei nodded. This joint activity made him deeply realize how powerful money is. In just one month, it surpassed the efforts of peers that had taken several years or even over a decade.

Three Stone Technology Company also seized this opportunity to become famous overnight, transforming from an unknown game company into a domestic gaming superstar.

"Director Chen, the company's current average online number has exceeded one million. Even if we suspend the game experience fund activity, we can still maintain stable profitability. Don't you think we can save the remaining five hundred million?"

"No, saving this money won't put it in your hands; in the end it still has to be returned to the investors. If we continue the activity, not only can we keep the game's popularity, but we also have hope of opening up more revenue streams."

"But our server capacity is limited; I worry that the cost-effectiveness of these later investments will fall far short of the earlier standards."

"The server issue can be handled by continued expansion. Other problems have already been coordinated with all parties before the plan started, so there's no need to worry."

"Alright, then let's continue with this activity." Wang Lei had originally been worried that his lavish spending would upset the investors, but since Chen Yang, the person in charge, had no objections, he relaxed.

Seeing that Wang Lei had no intention of leaving, Chen Yang had him sit on the office reception sofa and asked with a smile, "Do you have anything else you want to discuss with me?"

Wang Lei sighed and said, "Director Chen, General Manager Tang of East Prosperity International asked me to pass along a message: Gathering Abundance Technology is preparing for financing and an IPO, and they want to know if you're interested in taking a stake."

Chen Yang asked Wang Lei doubtfully, "What does Talented Abundant Technology do? I feel like I've heard the name before……"

Wang Lei was about to answer when Qian Duo Duo beside him interjected, "Boss, Gathering Abundance Technology is also a mobile phone OEM manufacturer. We had also inspected their company before acquiring Dragon Soaring Electronics Factory."

Chen Yang immediately recalled that Xia Ye had mentioned this company to him. Since they were doing OEM for Japan's Sony Ericsson phones and had little intention to sell, he hadn't paid further attention. He never expected the other party to have such big ambitions, actually wanting to go public!

"President Qian, are there any successful precedents in China for mobile phone OEM companies going public?"

"Boss, the Shanghai and Shenzhen markets currently have none. However, there are companies that have successfully gone public overseas."

"The phones that Gathering Abundance Technology agents don't have much of a market advantage internationally? What do you think the likelihood of them going public is?"

"Boss, you might not know, but this company has just secured the OEM order for Nokia phones."

"Nokia phone OEM order?" Chen Yang instantly realized. Holding the OEM contracts for the world's top-selling and fourth-best-selling phones indeed gives them the capital to go public.

The problem is, Gathering Abundance Technology's Nokia phone OEM order was snatched from Chen Yang's hands. Tang Qingquan obviously should know the inside story. At this point, having Wang Lei relay the message—what is the purpose?

To disgust him? That's unlikely.

Since Wang Zhishan went to the Tang family, those two brothers have never openly opposed him again. Even though Chen Yang always treats him coldly, Tang Qingquan has never gotten angry.

Puzzled, Chen Yang decided to go meet Tang Qingquan and the boss of Gathering Abundance Technology.

Especially the boss of Jufeng Technology. After snatching the business of Dragon Soaring Electronics Factory, he still dared to proactively come to him for financing. How big a background must one have to dare provoke him like that.

Thus, Chen Yang took Wang Lei together to Qingfeng Shan Zhuang.

What surprised him was that, besides Tang Qingquan, Wu Jingzhong was also there.

"Director Chen, I heard you just made twenty million in compensation recently; I haven't had a chance to congratulate you yet..." Wu Jingzhong greeted Chen Yang with a hollow smile.

Chen Yang feigned a wronged smile and said: "President Wu, you're joking. We just had our livelihood-sustaining contract manufacturing business snatched away; where would any joy come from..."

Wu Jingzhong said in a probing tone: "Director Chen, I think you never cared about this contract manufacturing business at all, right? You wouldn't really be planning to develop phones independently, would you?"

Chen Yang didn't want to answer that question, directly changed the subject: "President Wu, you clearly know that Jufeng Technology snatched my orders, yet you still ask me to help them with financing— isn't that a bit bullying?"

Upon hearing that, Wu Jingzhong immediately explained: "Director Chen, don't misunderstand. We came to you mainly to understand the future prospects of the phone contract manufacturing business. If it's not good, we don't want to take risks either."

Chen Yang said to him: "Can I meet the boss of Jufeng Technology?"