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Chapter 24 Pick-up trio(1/2)

"My dad didn't call me." Fei Yi was so jealous of Ms. Han.

"I just asked you, didn't you say you had hit me?" Han Yuxin expressed her doubts.

"When did you ask?" said Fei Yiban. "My dad called me a video when he left the Mardin factory."

"It's been five hours. No one said anything when he arrived in Istanbul?" Han Yuxin felt that this situation was a bit unreasonable.

Every time Fei Guochen takes a plane, he will definitely call her to report her safety when he arrives.

"When my dad played the video for me, General Manager Lin was also talking beside him." Fei Yi thought for a while, "I guess Uncle Lin would call Brother Congyi when he arrived in Istanbul. My dad was talking beside him."

"Then I'll go and ask Congyi." Han Yuxin left hurriedly.

Not long after, Ms. Han came back: "Congyi said that he had never called him."

"Did you call him when he was in Mardin?" asked Bai Yi.

"No, either." After saying that, Ms. Han began to get anxious.

"They may have a bad signal when they arrive in Istanbul, or they need to be busy with something." Fei Yi took out his cell phone and checked it.

The flight ticket he bought was still easy to get short of flight information.

Flight information shows that the plane takes off on time.

And it will arrive 20 minutes earlier than the expected time.

"It's 20 minutes early." Flight Fei Yi thought for a while and said, "In this way, I should be able to catch up with the first flight I bought. If the flight is on time, I'm worried that they may not be able to catch up."

For the flights to Doha from Istanbul, Flight 1 bought two directly.

The first flight was less than an hour apart. Flight One was afraid that Director Fei and Chief Engineer Lin would not be able to catch up, so he bought another one.

The two flights were separated by eight hours.

If you don’t catch up with the first one, you have to wait at the airport for about nine hours, and you will have to wait another day before you can get home.

Ferry Feiyi looked at the information he found to Han Yuxin: "Don't worry, according to this situation, you will be in half an hour to transfer to Doha. Then you can call and ask what's going on."

"Nothing will happen?" Ms. Han was anxious in capital.

"What's the matter with flying?" Fleet Fei asked back.

"Where is there anything that is absolutely safe? There are no airs in various ways..." Ms. Han did not say the word "air crash".

"Oh, that's an extremely small probability event. It's 1/1375 of the probability of being hit by a car when you go out, 1/220,000 of the probability of death from cancer, 1/440,000 of the mortality rate of stroke and cardiovascular problems. It's the same as when you are walking on the street and suddenly being hit by something falling from a high altitude." Fei Yi gave Ms. Han a popular science.

"You dead child, why do you say such unlucky words?" Ms. Han was displeased.

"Aren't you just wandering around there yourself?" said Fei Yiban. "I'm sorry you, are you wrong?"

"Forget it, let's not talk about it. If you can catch the first flight to continue, it will be here tonight, right?" Ms. Han was obviously a little happy.

"Yes, Ms. Han." Fei Yi added proudly, "I am simply a little genius in flight booking."

It is clear that it is asking for praise.

However, Ms. Han didn't feel like praising her son now, and left a sentence, "If there is news of the plane landing, please call your dad." Ms. Han was about to go to the kitchen to see what dishes to cook.

"That's not possible! If I call this phone, you will be so jealous." Fei Yi teased his mother, "Why must A Feige call Xinmei."

"Why did you just have a mouth when you come back this time?" Ms. Han was a little embarrassed and a little angry.

"What's wrong?" Fei Yi continued to show off, "You envy your son, my eight-pack abs?"

"What words do you think I'm envious?" Ms. Han was angry and laughed.

"You said I only had a mouth," said Fei Yiban. "Don't you envy me for not being fat?"

"It's thin like a bamboo pole." Ms. Han said angrily, "If you don't speak, others think you are an African refugee."

"Oh, Ms. Han, your son has become an African refugee. Shouldn't you help me?" Fei Yi team found the right opportunity and went straight to the point.

He asked Lin Congyi two days ago that this explosion did not cause a fatal blow to the lock factory.

It’s also a blessing that Ms. Han and Director Fei are the kind of people who are very careful in doing business.

Buy various insurances at any time.

There is no need to pay high compensation when canceling some orders.

In this way, although we have to go backwards, we won’t go backwards too much.

Ms. Han and Director Fei originally wanted to sell all three domestic factories and transform into smart locks. If they were not done well, they could still continue to implement it.

The annual output value of the three domestic factories is about 1.8 billion yuan.

I had previously negotiated with several companies about the price of the joint acquisition, which was also 1.8 billion.

It sounds like Director Fei and Ms. Han are a bit of a loss.

But output value and profit are not the same concept.

Locks are not a huge profit industry. It would be amazing to have a profit of 180 million a year.

Among the 180 million profits, a large part of them are accounts receivable.

This is why the group of people who became rich in factories all live more frugal.

The person who buys the lock can owe the factory money, but the factory cannot owe workers' wages.

So many factories were driven to death by accounts receivable.

Therefore, the acquisition price is not calculated based on ten times the annual profit.

Based on the annual profit of tens of millions, the acquisition price of 1.8 billion is a very unreasonable sky-high price.

But locking factories is an asset-heavy industry.

Among these 1.8 billion, the production equipment in the factory, as well as the factory buildings and land.

These are actually the real "confidence" of factory owners.

If an IT company goes bankrupt, it is likely to have nothing.

Even if a factory is not well managed, the remaining assets are still considerable.

In this way, the price of 1.8 billion is a reasonable range that both parties can accept.

This price covers all three lock factories in China.

The Turkish factory that was in trouble was not originally in the plan for sale.

Therefore, it will not have much impact on the total value of domestic factories.

However, in order to recover from the aftermath, in addition to all the funds and equipment of the Mardin factory, domestic factories also spent 300 million yuan.

In this way, the value of the factory dropped to 1.5 billion.

Shrinkage is definitely shrinking.

From a big perspective, the impact is not big.

The one who originally wanted to acquire a joint venture still has a strong desire.

However, without the subsequent stable cash flow of the Turkish factory, if you sell domestic factories to make smart lock brands, you will be hindered.

Phoenix Group has different views on this.

After two months of research, he felt that subsequent cash flow was not a problem.

He just needs to do the early stage, tell the story well, and then enter the capital market.

Financing, iPo, listing.

After that, the money for brand promotion and advertising comes from the majority of stock investors.

There is no need to pay for anything like Ms. Han and Director Fei.

Like many second generations of factories, Feiyiban has a dream of going public.

On the other hand, those who have this dream are not just the second generation of factories.

Most men who have accumulated a little bit of original capital have such a dream.

Even those who have been negative for assets have the same dream.

There are very few people who can truly realize this dream.

Then there were batches of male compatriots, who had been well-managed businesses, died on the road to rushing to this dream.

Ms. Han and Director Fei don’t like the “short” thing of going public.

They don't understand, and don't want to.

But in this situation now.

Compared to continuing to guard the three lock factories and surviving in the sunset industry, it is more in line with the pulse of the times.

In the past two months, Fei Yishi has really not been idle for a day.

Not interested is one thing, but once you have interest, that is another thing.

He has no interest in the second generation who builds lock factories.
To be continued...
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