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Chapter 188 Acquisition Purpose
Chapter 188 Acquisition Purpose
Chapter 188 Acquisition Purpose
“Is this Mr. Su?” The tall middle-aged man hurried forward and greeted him warmly. Seeing Su Jing’s young age, he couldn’t help but feel happy. If he was a veteran, he would be generally reluctant to buy this unprofitable piece of business. The institute, even if it is an acquisition, will be acquired at a dead-end price. Only some rich second generation who are just out of society and want to make great achievements but are very ignorant will be so impulsive. Simply speaking, they are more foolish.
“Mr. Jin, hello.” Su Jing reached out and shook his hand.
“Mr. Su, would you like to come to the office first?” Mr. Jin said.
“No, let’s go directly to the research institute?” Su Jing said.
“Yes, please.” Mr. Jin was even happier when he saw Su Jing in such a hurry.
The three people entered the institute together and it can be seen that there are many advanced pieces of equipment with many staff are working in them. Mr. Jin is eloquent and flatter mouthed and he methodically introduced them to Su Jing.
The institute is a high-tech enterprise mainly engaged in the research, development, and production of metal materials, polymer and composite materials, engineering ceramics and powder metallurgy materials, as well as material testing and evaluation and quality control technology services.
It is mainly engaged in metal material product performance testing (mechanical properties, physical properties, chemical analysis, non-destructive testing, metal corrosion), quality assessment, arbitration test, failure analysis, and safety assessment, scientific and technological achievement testing, and appraisal and other technical
The institute has 95 employees, 9 professors, 16 senior engineers, 20 engineers, and 3 doctors. 1 state-level Director Reviewer and 2 Technical Reviewer.
At present, there are more than 40 sets of main equipment which are fixed assets worth more than ten million, these pieces of equipment include atomic absorption spectrometer, direct reading spectrometer, scanning electron microscope (sem), plasma emission spectrometer, nitrogen, hydrogen, and oxygen analyzer, carbon-sulfur analyzer, electronic universal testing Machine, dynamic impact test system, etc., and has the capability of field sampling and testing.
It sounds great, but you can’t make money because your expenses are too high and your income is too low.
“Boss Su. What do you think?” After a round trip, Mr. Jin asked.
“Good. How much is Mr. Jin going to sell it for?” Su Jing nodded.
“To tell you the truth, if I hadn’t lost money on the rest of my business, I wouldn’t have sold it for the life of me. This research institute has cost me countless efforts. It is approaching its harvest time. Now I need money badly so I’ll sell it to you for $30 million.” Mr. Jin looks like he’s throwing up blood for sale.
Su Jing and Jiang Ji’s mouth twitched a little. If this institute was making a good profit, let alone 30 million yuan. Fifty million is nothing new. But the problem is, it can’t make any profit at all and it only has fixed assets worth 10 million. How come the total value of such business reached 30 million?
“I don’t know very well. I’ll decide later when someone comes and looks at it for me. May I?” Su Jing laughs.
“Oh, sure, Mr. Su, come here.” With a smile on his face, Mr. Jin takes Su Jing to the office. In his mind he was a little worried, the young man had asked for help. He doesn’t know if that person is a professional.
After waiting for more than half an hour, the institute closed and Wang Zhuo came, he didn’t come alone and came with a bunch of people. Seeing this group of people, Mr. Jin’s mouth was filled with smoke, He wouldn’t be able to fool this young man. When the group of people began to check the equipment and profits, Mr. Jin knew that his scheme was definitely over.
“A’Jing, this research institute is not worth acquiring.” Wang Zhuo said to Su Jing after reading the inspection report. Really, he is not sure what Su Jing is looking at in this research institute. It is basically unprofitable and It can be said that all the value is in the fixed assets.
“Will you lose money if you buy it?” Su Jing asks.
“It’s not a direct loss, but a loss is a loss and it is not profitable, not to mention a loss in aging equipment. unless you have a technology or solution that can change the bottom line in getting profits.” “Wang Zhuo said.
“I can’t come up with a technical solution, but since it’s worth it, let’s buy it and try it.” Su Jing smiled.
“You kid, you are too capricious, did you get richer than me.” Wang Zhuo said a little funnily, he made it clear that it is not worth buying but this guy is even willing to try it, when did this much money become worthless?
“If Dr. Jiang does come up with a new alloy, he could make a lot of money. Of course, I hope Brother Zhuo will help me cut down the price. I don’t know much about these things.” Su Jing said.
“Since you have made up your mind, I will not stop you. As for the price reduction, you can leave it to me.” Wang Zhuo smiled. Wang Zhuo went into the office and he personally talked with Mr. Jin, Su Jing is standing on the side, looking at Mr. Jin who dropped his price from the price of 30 million, the price was pressed down step by step and he finally agreed to sell it for 18 million, a full reduction of 12 million. In fact, according to Wang Zhuo’s opinion, it is Mr. Jin who is in a hurry and the price can be further reduced if they wait a little but Su Jing does not want to waste time or cause problems.
Recently, Su Jing made a lot of money from selling flower horn, python, Aphrodisiac Pill, etc. In addition to the rest of his income from pets, Morpho Helena, cricket and other bits and pieces, apart from the building’s 10 million yuan, There are still over 19 million yuan left, which is just enough to buy the institute. Of course, more than one million yuan is not enough to run the institute in the future and if he wants to reinforce the first floor, he would need even more money. This Makes Su Jing goes form being a Multimillionaire to the point of not having any money.
The next day, Su Jing paid the money and finished the handover with Mr. Jin. When Mr. Jin introduced Su Jing to the staff, everyone was surprised that the new boss was so young, it seems that the future is worrying.
However, Su Jing can prove everything no matter what the staff thinks.
At noon, Su Jing summoned Dr. Jiang and went to the office for a talk.
“Boss, what are you looking for?” Jiang Ji is very happy to continue his research here.
“Some time ago, I got a little bit of meteorite debris, you take it to study.” Su Jing took out a small box with some white powder inside. Of course, these are not meteorites, but pieces of Monster claws from the Swallowed Star World which are in the form of powder. Of course, those monster claws can easily penetrate any steel, and it can’t be cut with any ordinary knife, he used the Old Mister knife from Swallowed Star to turn the pieces into powder.
Su Jing acquired the research institute to study this. In the Swallowed Star world, humans are forbidden to use nuclear weapons to attack monsters, because nuclear weapons can kill monsters, but the radiation will make other monsters stronger. Fortunately, a human scientist named Claude Sena researched these phenomena and based on the material of the monster corpse and the “blue gold” metal found on the moon, he invented an alloy even harder than diamond — Clow Alloy! So that the human warriors do have have to fight the monsters barehanded, he invented the metal by which weapons can be made that can hurt or kill the monsters.
The knife that Su Jing got from Swallowed Star should be the Clow Alloy knife.
Su Jing doesn’t have “blue gold” and can’t invent Clow Alloy, but he wants to see if ordinary metal and monster materials can invent other valuable alloys. (To be continued ~^~)