DipNovel Chapter 81: Since the bet has been placed, I'll stick to it.
Chapter 81: Since the bet has been placed, I'll stick to it.
Half an hour later, Shen Yuxin called Jinsheng Capital.
At this moment, Han Jin was in a meeting, and the topic of discussion was none other than DeepBlue Technology.
Han Jin glanced at the caller ID, gestured for everyone to be quiet, and then answered the phone.
On the other end of the phone, Shen Yuxin relayed Lin Chuan's exact words.
After relaying the message, Shen Yuxin hung up the phone and then called the next investor.
Han Jin held his phone for a long time without saying a word. After a long while, he relayed Lin Chuan's words to the attendees.
The executives present were immediately in an uproar after hearing this.
"Is he crazy? We invested 17 billion and he wants us to shut up?"
"I suggest withdrawing your investment and taking your money back."
"This Lin Chuan is too arrogant. Who does he think he is?"
Amidst the commotion, Han Jin remained silent.
He sat in the main seat, his fingers tapping lightly on the table, several pieces of information swirling in his mind.
Lin Chuan was no ordinary amateur entrepreneur; he was absolutely certain of that.
It's just that we haven't found out who the powerful figures are protecting him. But just because we haven't found out doesn't mean they aren't.
Moreover, this can be indirectly corroborated by the Zhou family's experience, which is the best proof.
Most importantly, Lin Chuan's attitude.
He actually dared to make the seven major investors regret their decision at this critical juncture, saying they could still withdraw their investment now.
This confidence surprised Han Jin, but it also made him realize that this young man was extraordinary.
If you quit halfway through, there will be no way you can get back on the train later.
As for buying Deep Blue's shares on the secondary market, it simply cannot satisfy Jin Sheng Capital's appetite. The circulating shares on the secondary market are too small, and it would be extremely difficult to acquire even 0.5% of the total share capital.
At this moment, Han Jin was weighing his options: withdraw or choose to trust to the end.
After a long silence, he raised his head, signaling for everyone to quiet down, and then said, "Since we've already placed our bets, let's go all in and have faith in each other!"
"What?"
"President Han, this..."
Han Jin waved his hand, overruling the objections of the crowd: "My mind is made up, I will not back down. Even if the 17 billion yuan goes down the drain, Jinsheng Capital will only feel the pain for a while, it won't be crippled."
After these words were spoken, no one spoke again.
Han Jin picked up his phone and dialed back.
As soon as the call connected, Han Jin said with a smile, "Secretary Shen, please tell President Lin that Jinsheng Capital will not withdraw its investment. I'm betting on it, I trust them to the end."
Shen Yuxin replied, "I will convey your words to President Lin."
As the phone call ended, the attendees in the conference room looked at each other, some shaking their heads, some sighing, but no one objected.
"Let's adjourn the meeting."
Everyone left their seats, but Han Jin remained leaning back in his chair, his eyes closed.
He was gambling, gambling on Lin Chuan, gambling on the unseen forces behind him, and gambling on his own judgment.
Around the same time, the other six investment institutions also experienced similar debates, arguments, and weighing of options after receiving Shen Yuxin's call.
But in the end, they all made the same choice, and no one withdrew their investment.
Large institutions have strong risk resistance and sufficient trial-and-error costs. Although the financing of nearly 120 billion is an astronomical figure, when it is spread among 7 institutions, each institution bears one-seventh of the risk.
They are all large institutions, so they can afford to lose 17 billion.
They all decided to take the gamble. If one company were to bear the entire 120 billion yuan financing amount alone, they wouldn't dare to gamble; they simply couldn't afford to lose such a large sum.
……
In stark contrast to the widespread despair among secondary market investors, major companies in the construction industry acted swiftly upon learning of the situation.
An engineering project worth a full 80 billion yuan would be a huge deal in any city.
It was confirmed that DeepBlue Technology was not joking; within two days of the announcement, representatives from three architectural design firms arrived in Xin'an City.
The next day, another seven or eight companies came, and afterwards, the number of design firms that signed up for the bid increased to thirty.
Many construction companies also came, including large construction enterprises such as China State Construction Engineering Corporation and China Railway Construction Corporation.
DeepBlue Technology offers a profit margin of 5.5% for the project, which is a high-profit margin for a large contract in the construction industry.
Currently, the profit margin of the construction industry is only around 3.56%, and for some projects that are not performed well, the profit margin is even less than 2 percentage points.
DeepBlue Technology gave a 5.5% return, which is about 50% higher than the industry average.
Not only are the profits higher than the industry average, but more importantly, DeepBlue Technology does not hold back payments or require contractors to advance funds for projects.
For this reason alone, the enthusiasm of industry insiders for bidding on the DeepBlue Technology project is extremely high.
……
DeepBlue Technology, Lin Chuan's office.
Shen Yuxin entered the office and placed a document on the desk.
"To date, 37 design firms and 52 construction firms have submitted letters of intent to bid, including 68 mainland Chinese companies and 21 foreign and joint venture companies."
After reviewing the materials, Lin Chuan immediately said, "Follow the procedures and do not make any private promises."
Shen Yuxin nodded: "Okay, I understand."
Just recently, the construction contractors have been lobbying the executives in charge of the new headquarters project.
Their goal was naturally to win the project contract; everyone wanted to secure it.
Such high-quality engineering projects are rare. Not only are the project scale large enough, but DeepBlue Technology also provides profits far exceeding the industry average. Crucially, there is no need to advance funds or delay project payments.
However, DeepBlue Technology, as the client, also had very strict requirements.
While ensuring quality, the construction period was kept very short.
Typically, the construction period for such a large office building takes two to three years.
DeepBlue Technology gave a deadline of 18 months, or one and a half years, to complete and deliver the project, which is half the normal timeframe.
Foreign construction companies are generally unable to meet such requirements and have no choice but to withdraw from the bid.
However, domestic builders are fully capable of doing it; 18 months is not beyond the physical limits of building materials, so it can be done.
There's a saying that goes, "The faster the client makes the payment, the faster it will be."
The construction site of DeepBlue Technology's new headquarters is located in the eastern part of Xin'an City. That area is currently almost wasteland, allowing for 24-hour shifts for uninterrupted operation without worrying about disturbing residents or causing work stoppages.
A year and a half is more than enough time to complete the entire project and deliver it.
……
In the days that followed, the bidding process for DeepBlue Technology's new headquarters project proceeded in full swing.
All existing matters in the company have been arranged and can be executed according to plan.
Lin Chuan also shifted his attention to new technologies, which could help advance the implementation of the newly unlocked "single-linear fission solar energy" technology.
A week later, Lin Chuan convened another meeting with the company's core management team.
Everyone was present in the company's conference room.
Lin Chuan sat at the head of the meeting. He looked at Jiang Miaolan, Zhang Wei and others and said bluntly, "I plan to have DeepBlue Technology start a new business and enter the new track of photovoltaic new energy."
As soon as he finished speaking, everyone present had a look of utter confusion on their faces.
Clearly, everyone was caught off guard by Lin Chuan's decision.
Zhang Wei was the first to react, and after thinking for a moment, he said directly, "Alright, although I don't quite understand or approve of it, we can't refute the fact that their cross-disciplinary work on plasminogen lysates didn't backfire."
Lin Chuan immediately laughed and said, "That's right!"
The new project was finalized at lightning speed, with DeepBlue Technology entering the photovoltaic new energy sector with the project codenamed "Aurora Project".
……