"Zhong Wei Technology was willing to invest fifty million. Thirty million would be used together with Fei Yang New Material to establish a subsidiary. Zhong Wei Technology required a 51% stake, while Fei Yang New Material would hold 49%. The subsidiary's production, operations, and management would be directly overseen by Zhong Wei Technology. The other twenty million would be the subsidiary's fee for purchasing the FY-01 material patent..."
"Qian Jia and Di Guang hoped to obtain a patent license for FY-01. Fifty million over five years..."
After Hua Long Technology, Zhong Wei Technology proposed a plan that tempted Zhou Feiyu even more.
Qian Jia Technology and Di Guang Optics appeared to have abandoned the idea of investing. Instead, they settled for the next best thing and only asked to purchase a license for the FY-01 patent—ten million a year, with a five-year contract.
To be honest, Zhou Feiyu was dissatisfied with all of those terms.
Compared to King Company, their offers were far too low.
Of course, King Company had developed for more than half a century. It had long passed the stage of relying on a single material to conquer the market. Now, it had expanded into many industries, which was how it had reached its current market value of tens of billions of dollars.
Fei Yang New Material, on the other hand, had only just begun. It might have potential, but potential was only potential. It could not be considered real strength.
After careful consideration and after listening to the opinions of Li Shihan, Xiao Jianguo, Wang Lei, and the others, Zhou Feiyu finally made his decision.
He gathered Hua Long, Zhongwei, Qian Jia, and Di Guang together and stated his terms. "Fei Yang New Material has decided not to accept outside investment. However, I will exclusively license the FY-01 material patent to Fei Yang New Material and establish a subsidiary specializing in the production of optical films under Fei Yang New Material's name: Fei Yang Optics. I welcome everyone to invest..."
The moment those words were spoken, everyone present was stunned.
This was a plan Zhou Feiyu had pondered for a long time over the past few days.
As his base of operations, Fei Yang New Material involved patent ownership, production and operations, as well as his own secrets. It could not accept external investment and had to remain 100% under his control.
With that in mind, establishing a subsidiary became necessary. It would create a separation and make future operations easier.
"What a brilliant move!"
Zhao Yongyong, vice president of strategic investment at Hua Long Technology, sighed inwardly. He knew that the chance for an exclusive investment was completely gone, and it probably would never come again.
"Well, damn. He's taking it a step further and claiming every advantage for himself."
Chen Xi, executive vice president of Zhong Wei Technology, did not know whether to laugh or cry, though he also felt a trace of regret. He thought Zhou Feiyu had revised the plan based on his proposal and had been inspired by him.
The people from Qian Jia and Di Guang exchanged glances, feeling both disappointed and relieved.
They were naturally disappointed because their companies had lost such a major source of revenue. But they were relieved because everyone was in the same position, and there was still an opportunity to invest. It was not a complete failure.
Although the four companies each had their own thoughts, none of them was willing to withdraw from a material as close to perfect as Zhou Feiyu's FY-01. Thus, while Zhou Feiyu was still speaking, all four began calculating what price they should offer.
"...Fei Yang Optics' first-round investment will value the company at one hundred million, divided into one hundred shares. Fei Yang New Material will contribute the patent as its investment and hold 60%. Fei Yang New Material will not participate excessively in Fei Yang Optics' production, operations, and management, but it will retain veto power."
Zhou Feiyu's final terms did not exceed the expectations of the four companies by much.
After a brief silence and a recess for discussion, they gathered again. Following another round of fierce arguments, the four companies all agreed to Zhou Feiyu's terms, essentially finalizing the matter.
In the end, Fei Yang Optics was freshly established, with a valuation of one hundred million.
Fei Yang New Material held 60%, and Zhou Feiyu owned 100% of Fei Yang New Material. That meant that 60% of the newly established Fei Yang Optics belonged to him.
The remaining 40% was divided among Hua Long, Zhong Wei, Qian Jia, and Di Guang. Hua Long and Zhong Wei each held 15%, while Qian Jia and Di Guang each held 5%.
Hua Long and Zhong Wei were Qian Jia and Di Guang's two most important clients, and they simply could not afford to offend them. Thus, Qian Jia and Di Guang could only grit their teeth and give up more than they wanted.
Afterward, the five parties signed a memorandum. The formal contract could be signed once they had further negotiated and finalized the details.
This was when Wang Lei, the lawyer, demonstrated his professionalism and importance. He reminded Zhou Feiyu of and explained many details that Zhou Feiyu did not understand.
"Congratulations!"
After signing the memorandum, the five parties shook hands. Everyone wore smiling faces before posing for commemorative photographs.
By the time everything was finished, an afternoon had passed.
The conference room doors opened, and the group filed out. The people from Hua Long, Zhong Wei, Qian Jia, and Di Guang departed one after another, rushing back to their companies to report the details to their leadership.
"Son, how did it go? Did you reach an agreement?"
After watching Wang Lei escort them out, Zhou Feiyu returned to the office, where his parents had been waiting for a long time. The moment they saw him, they hurriedly asked with concern.
"It's done. It went very smoothly."
Zhou Feiyu nodded and said with a smile, "I sold 40% of the shares for forty million!"
"How much?"
Father Zhou and Mother Zhou wondered if they had misheard.
Forty million? That little factory was worth forty million?
Li Shihan was somewhat excited. Seeing the older couple's confusion, she immediately laughed and explained, "Uncle, Auntie, you heard correctly. Little Yu Ge is planning to start a new company with them. He sold them 40% of the new company's shares for forty million."
Only then did Father Zhou and Mother Zhou finally believe that their son's company had truly sold some shares for forty million. They could not help clicking their tongues in amazement. "It hasn't even been that long, and it's already forty million? Money really doesn't seem like money anymore."
Li Shihan burst out laughing. "Of course money is still money. It's just that the material Little Yu Ge developed is incredible. They all saw that it could make even more money, which is why they were willing to invest so much."
Hearing that, Father Zhou, his face full of smiles, said regretfully, "Then we still let them off too easily."
"Everyone gets what they need."
Zhou Feiyu could not help smiling.
When they went outside, Xiao Jianguo was animatedly telling his wife, Jiang Xinyi, about the investment. Jiang Xinyi had clearly been deeply shocked by the sudden news, and her face was filled with disbelief.
Jiang Xinyi blurted out, "So that means President Zhou is already a billionaire?"
Xiao Jianguo froze. It did seem that way.
Even if it was only on paper, Zhou Feiyu was still at the level of a near-billionaire.
Just as he was about to speak, Zhou Feiyu walked over and said to them, "Don't rush. This is only the beginning. Soon, founding members like you will become billionaires too."
Xiao Jianguo and Jiang Xinyi's expressions immediately stiffened. Their hearts began beating more than twice as fast. They had never even considered such a thing, much less dared to dream of it!
Wang Lei, who had just returned after seeing the guests off, also heard those words and came to an abrupt stop.
Three days later, once everything had been finalized, Hua Long, Zhong Wei, Qian Jia, and Di Guang returned to Nanjiang County and officially signed the contract under the witness of Nanjiang County's top leader.
That very day, the signing of the contract became Nanjiang County's biggest event. It made the front-page headlines of newspapers and television stations in both Nanjiang County and Nanjiang City, and it was even reported for nearly three minutes on Nanjiang Province Television Station's evening news.
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