Registering a Company

Wu Tianyu froze when he heard this and hurriedly asked, "What do you mean by that, Mr. Guo?"

"Previously, I wanted to acquire your company because I couldn't be bothered to recruit employees for every position from scratch. But since President Wu doesn't want to sell, I won't force the issue.

How about this? President Wu, I'll offer one million for the framework of the intelligent engine. Sell it to me—what do you say?"

Wu Tianyu's face instantly darkened. "Impossible! The company and the intelligent engine framework will absolutely not be sold separately."

Wu Tianyu wasn't lying. He had never considered splitting up the company and the intelligent engine framework for sale.

Wu Tianyu's company had been built around the intelligent engine. Without it, Tianyu Technology's only valuable assets would be its employees; the rest of its supporting facilities could be said to be worthless.

Sold together as a package, they were worth between five and six million.

You had few connections and only average financial strength. Without this company, it would be difficult for you to retain those employees, and the cost might exceed that of simply acquiring it outright.

Moreover, a company with a complete framework would greatly benefit the development of the intelligent engine. Spending a little more money now would save a great deal of effort in its subsequent development and promotion.

You could also choose to leave immediately and wait until Tianyu Technology completed its bankruptcy liquidation. Then, through Xun Haoran's future purchase of the intelligent engine framework, you could buy the intelligent engine. However, that would delay the engine's release by about a year.

After hearing the narrator's words, Guo Yuan still decided to acquire Tianyu Technology.

Guo Yuan found it difficult to accept delaying the intelligent engine's launch by a year.

Besides, he had now figured out Wu Tianyu's bottom line, which would make the subsequent bargaining easier.

Thinking this, Guo Yuan said, "In that case, President Wu, name another price! If we can reach an agreement this time, we'll talk. If not, I'll leave. It's not like I absolutely have to do this project."

"Fine. Eight million, final offer."

Wu Tianyu had assessed you and concluded that you had ten million in liquid assets. He named this price because he wanted to squeeze you dry.

"Impossible. If I spend eight million to acquire Tianyu Technology and also take on two million in bank debt, that means investing a total of ten million. That's far too much." Guo Yuan refused without hesitation.

Not to mention that he didn't have ten million—even if he did, he couldn't be such a sucker.

"Then how much is Mr. Guo willing to offer?"

"Three million at most." Guo Yuan gave his offer.

Naturally, this offer was far below Wu Tianyu's expectations, and there was no way he could accept it.

The two sides then began haggling back and forth.

In the end, they reached an agreement at a price of 5.3 million.

With the 5.3 million plus the company's debt of over two million, Guo Yuan would be spending nearly 7.5 million to acquire the company.

To be honest, this had already exceeded Guo Yuan's budget somewhat, but based on the narrator's prompt, this was probably the lowest possible price.

The two sides then agreed to sign a letter of intent at ten o'clock the next morning.

Guo Yuan was unfamiliar with Hangcheng and didn't know anyone there, so he could only contact Lawyer Hu again and ask him to recommend a Hangcheng lawyer well versed in business matters.

Unfortunately, Lawyer Hu couldn't help this time. He truly didn't know any lawyers in Hangcheng.

So Guo Yuan could only turn to Lawyer Zhang San for help. After thinking it over, Lawyer Zhang San recommended one of his students to Guo Yuan.

According to Lawyer Zhang San, this student had inherited seventy percent of his expertise.

Guo Yuan's eyes lit up, and he immediately contacted the lawyer to arrange a meeting and discuss the details.

Toward evening, at the hotel they had agreed upon, Guo Yuan met Lawyer Zhang San's student.

He was a man in his thirties. He was not tall, seemingly under 1.7 meters, and wore black-rimmed glasses. He had a standard square face and heavy-set features. At first glance, he even somewhat resembled Zhu Shimao. He was the type of person who looked like some government department official upon first sight, naturally inspiring a degree of trust.

"Are you Lawyer Qin?" Guo Yuan asked tentatively.

"My name is Qin Zekun. You must be Mr. Guo, introduced by Teacher Zhang?"

"That's me. Please, have a seat. What would you like to eat?"

"No rush. Let's discuss the work first. If I can't handle Mr. Guo's matter, then there'll be no need for this meal."

After hearing Qin Zekun's words, Guo Yuan's opinion of him rose another notch.

Guo Yuan then told Qin Zekun about his plan to acquire Tianyu Technology, as well as the results of the day's negotiations between the two sides.

After hearing him out, Qin Zekun said without hesitation, "There's no problem with this case. I can handle it completely and guarantee that nothing will go wrong."

As Lawyer Zhang San's student, Qin Zekun had inherited his teacher's skills. To Lawyer Qin, your acquisition case was like using a cannon to kill a mosquito—an utter waste of his talents. Just leave it to him without worry.

Guo Yuan was completely reassured now and signed a letter of representation with Lawyer Qin.

After signing the letter of representation, Lawyer Qin asked Guo Yuan, "Mr. Guo, what is your company called?"

"My company?"

"Yes. You aren't planning to acquire Tianyu Technology in your personal name, are you?"

"Is that not possible?"

"It's not impossible, but the procedures in all respects would be much more troublesome. I suggest that you register a company first."

"How long does it usually take to register a company?" Guo Yuan asked.

"If I handle it for you, it can be done in half a month."

"Since you're already handling one matter for me, I'll trouble you with this as well, Lawyer Qin."

"Mr. Guo, please tell me the company's name."

"The company's name..." After pondering for a moment, Guo Yuan said, "Let's call it Future Technology!"

Since some of the technologies Guo Yuan had acquired were things that would only appear in the future, merely revealed to him ahead of time by the narrator, Future Technology was a fitting name in every respect.

"Alright! I'll take care of it. When we sign the letter of intent with Tianyu Technology tomorrow, we'll use Future Technology's name directly."

"Sounds good!"

At ten o'clock the next morning, Guo Yuan and Lawyer Qin arrived at Tianyu Technology together.

Wu Tianyu had naturally called over a lawyer from Xinglong as well.

After negotiating and reviewing the details, the lawyers on both sides drafted the letter of intent.

The contract stated that Guo Yuan intended to acquire Tianyu Technology and would pay a deposit of one million, with the remaining balance to be paid once Tianyu Technology completed all the necessary follow-up procedures.

If Tianyu Technology failed to complete the required procedures within three months, it would return the deposit and pay an equal amount as liquidated damages.

If Guo Yuan failed to pay the remaining balance within three months, the one-million deposit would belong to Tianyu Technology.

After Guo Yuan and Wu Tianyu confirmed that there were no issues, they both signed the contract.

PS: Everyone kept mocking the company name in my last book, saying Xingyuan sounded too tacky and not at all like a technology company.

This time, I've temporarily named it Future Technology. If anyone has different opinions or ideas, feel free to bring them up. I'm terrible at naming things, but I'm very good at accepting other people's suggestions.