Because for Sugon Technology, based on the current terrifying profit income of high-end mobile phones and mid-range mobile phones, and finally adding that most of it has been paid off in the past few months.
At this time, it only takes one month's profit to pay off the loan totaling 30 billion Xia Yuan, which is 3.6 billion US dollars.
Yes, Sugon Technology is indeed so arrogant now!
It can only be said that mid-to-high-end mobile phones are really profitable. You can make money by selling mobile phones, and you can make money again through games and software after selling the mobile phones. Therefore, the profits of mid-to-high-end mobile phones are really quite high.
Therefore, people's focus at this time is not on paying off the 30 billion loan, but on what Lin Chen mentioned that he is not prepared to use the profits to develop semiconductor production equipment.
At this time, Lin Chen did not use his profits to develop semiconductor production equipment and acquire domestic and foreign semiconductor equipment companies.
So where did Lin Chen spend 25 billion US dollars to develop semiconductor production equipment and acquire domestic and foreign semiconductor equipment companies.
This money can't just fall from the sky, right? No amount of US$25 billion can fall from the sky.
Will Shuguang Technology continue to seek bank loans? Would a bank lend that much money?
At this time, they looked at Lin Chen with confusion on their faces, wondering from what channels Lin Chen should get 25 billion US dollars to develop semiconductor production equipment and acquire domestic and foreign semiconductor equipment companies.
In response, Lin Chen faced the confused expressions of the people present, and then slowly replied:
"Actually, it's very simple. I'm going to let Sugon Technology go listed on Nasdaq in the United States."
Hearing Lin Chen's words, all the senior executives present were shocked.
At this time, Lin Chen’s apprentice Chen Dong hurriedly spoke:
"Why do we need to go public when we are developing so well? There is no need at all.
I think we can develop slowly. At worst, we can borrow some money from banks. There is no need to go public on the US stock market to make money.
After all, although it is very profitable after going public, it also gives up part of the shares and longer-term share income.”
In response, Lin Chen just shook his head slightly and said nothing.
Because Chen Dong's sight was only focused on the mobile phone factory, he didn't know that Sugon Technology was actually on the edge of the cliff.
With the strength and status of Sugon Technology at this time, every step forward by Sugon Technology is actually irritating the nerves of the United States, and the probability of a big black hand suppressing Sugon Technology will increase by one point.
In this case, it is good for Lin Chen to continue to live alone with 100% of the equity, but this is not realistic, because this is reality, isn't it?
If Sugon Technology faces the desperate predicament of Huawei Technology in its previous life, Lin Chen has great confidence in letting Sugon Technology survive.
Because even if the global mobile phone market and the Daxia mobile phone market are lost, the Daxia mobile phone market alone can keep Sugon Technology alive.
It's just that in this case, the development speed of Sugon Technology will plummet.
Therefore, if we want to prevent Sugon Technology from becoming the next Huawei Technology, we have no choice but to share interests and unite alliances.
Of course, listing on the Nasdaq in the United States does not mean that Lin Chen will give up absolute controlling rights, as long as Lin Chen holds the bottom line of 67.5% of the absolute controlling rights of Sugon Technology Company.
There is actually no difference between Lin Chen holding 100% of the shares and 67.5% of the shares, because Lin Chen has a veto power in both cases.
The difference between the two is that when they control 67.5%, those major shareholders have the power to convene a general meeting of shareholders and beep non-stop.
However, Lin Chen, who has absolute controlling rights, can completely ignore their beeping words, because Lin Chen’s absolute controlling rights can veto it with one vote!
Moreover, Sugon Technology was a company founded by Lin Chen. Even the capital giants on Wall Street could not direct the internal affairs of Sugon Technology.
So in this matter, Lin Chen had both losses and wins, advantages and disadvantages, but overall the advantages outweighed the disadvantages.
Once this is achieved, through the unity of interests, the power of Wall Street capital and investors can be used by Sugon Technology.
This is to avoid another incident of joint suppression by the four major mobile phone giants, as well as the suppression that happened to Huawei Technology and other companies in the past.
It can be said that by going public on Nasdaq, Sugon Technology will no longer have to worry about incidents involving Huawei Technology and other companies in the future, and can do business normally with peace of mind.
Of course, there will certainly be many means of suppression if it reaches a certain level in the future, but they will avoid Sugon Technology.
Instead, it will target the Sugon R&D Center and even Sugon Holding Company behind Sugon Technology, and will no longer target Sugon Technology after its listing.
Because after its listing, Shuguang Technology is not only the meat of Wall Street Capital, but also the meat of dozens of millions of investors in the United States.
Hundreds of thousands or even millions of investors used money to buy shares of Sugon Technology. If Sugon Technology encounters unfair suppression and restrictions, then don’t blame the people of Mediland for protesting.
So through this move, although Lin Chen sacrificed part of his profits, he also gained a protective umbrella and a gold mine that would never fall.
And even if other businesses are not going well in the future, with the continuous profit support provided by Sugon Technology Energy, there will be a chance for everything to turn around.
Of course, the probability that other businesses will not progress smoothly or even fail is very low.
If Lin Chen, who has the king of copycat system, can only rely on the funds continuously provided by Sugon Technology to make a comeback, it will be a huge failure.
Of course, gossip aside, Lin Chen paused briefly before explaining to everyone present why he wanted to be listed on Nasdaq.
In this regard, the senior executives at the scene also fell silent after hearing the reasons explained by Lin Chen.
Because it is indeed very likely that the United States will directly suppress the situation. After all, just think about the sales volume of a mobile phone company accounting for half of the global mobile phone sales.
Under such circumstances, it is strange that the United States can continue to sit still. It is normal for them to resort to any small tricks. It can even be said that it is inevitable that they will take action personally!
"Really, why is it so difficult to do business well? This world always looks down upon others."
At this time, Chen Dong seemed to have had his spine broken, with an extremely depressed expression on his face.
Although Lin Chen's shares actually have nothing to do with him, they are Lin Chen's shares, not his.
But as someone who was promoted and supported by Lin Chen from a small street salesman, Chen Dong was still quite loyal to Sugon Technology and Lin Chen.
At this time, Chen Dong was naturally quite depressed when he saw that Shuguang Technology had no choice but to go public on Nasdaq to seek protection due to this reason.
At this time, Li Qianqiang, who was in charge of mobile phone sales, also said with relief:
“Actually, we don’t lose anything, we can only count it as a loss and a win, with advantages and disadvantages.
And didn’t we get a huge amount of cash? It's not like giving shares to Wall Street for free. "(End of chapter)
