An Expert Is actually By My Side

Chapter 214 What Will Happen Sooner or Later

Although it was expected, Hao Yun did not expect it to come so soon.

Just in the second week after he sold the equity of Modern Bicycle to Sea Lion Group, the financial world once again fell into turmoil due to a sudden news.

That is the sudden thunderstorm of the UFO bicycle!

To be precise, it is not UFO’s bicycle business that is responsible for the thunderstorm, but the credit loan business under UFO’s bicycle business.

This bike-sharing start-up company born in Yanjing was very lucky to catch up with the upsurge of bike-sharing. With the background of Yenching University, it got 30 million yuan in the first round of financing.

It almost copied the development trajectory of modern bicycles. With the financing of 30 million yuan, UFO bicycles quickly started the counterattack of life. In just one month, the start-up company captured 50% of Yanjing's market share and expanded its business to other second-tier cities such as Jinmen.

If that's the case, there won't be any major problems.

However, if it wants to steal market share from modern bikers, it must take a more radical decision on the use of deposits.

For example, docking private lending business.

In fact, UFO bikes are not the only ones doing this.

The vast majority of small and medium-sized bike-sharing companies, such as Youtian Bike, are trying their best to increase the return on assets of stock deposits, so as to attract more investors to push the snowball forward for them.

However, with so much funds crowding into the high-risk small and micro loan field, it is only a matter of time before something goes wrong.

Unfortunately, this big thunder detonated on the UFO.

As the cooperative lender providing "financial services" ran away, more than 3 billion deposits faced the risk of bad debts, which directly put the thriving UFO bicycle business into the risk of breaking the capital chain.

If only that's the case.

He gritted his teeth, improved the data, and brought in more receivers to fill in the hole. Maybe he would fill up the 3 billion tiankeng. After all, under the catalysis of Yunmeng Group's wealth myth, the interest of various capitals in shared bicycles has reached an almost fanatical level, and they have offered double or even triple the premium rate to enter the game, not caring about any risks at all.

However, the problem is that a report published in the "Financial Times" revealed the issue of the UFO's deposit.

Some say it was done by a competitor, while others say that an investor who participated in the roadshow bribed the Financial Times to suppress the valuation due to the negative news about UFOs reported by the Financial Times in order to get in at a better price, in order to cooperate with the investors to put pressure on it.

But it doesn't matter who did it now.

The hammer fell, and directly capsized the UFO boat.

Panic first spread in the financial world, and then with the reposting and comments of major media, the news was finally passed on to UFO users.

Users panicked when they heard this.

Although it's only a few hundred dollars, it's still money!

At the beginning, it was agreed that as long as you pay a high deposit, you can ride the bicycle for free, but I didn’t expect that people didn’t plan to make money from bicycles at all, but focused on the principal paid by the diners.

How can this be tolerated?

For a while, applications for deposit refunds drifted to the field of shared bicycles like snowflakes.

Not only is UFO facing the stampede of users, but even other shared bicycle companies with good operating conditions are also complaining in this round of stampede.

After all, there are two things in this thing, and everyone is worried that similar things will happen to them.

Then there is the concern of the supplier. Now that the shared bicycle companies go to the factory to place an order, not only has the proportion of the deposit increased from 10% to 30%, but no one is willing to compromise on the time to settle the final payment anyway. .

In other words, the situation of Modern Bicycle is slightly better. On the one hand, Sea Lion Group has just injected capital, and on the other hand, the cash flow on the book is sufficient due to the transfer of funds.

However, it is undeniable that this incident still caused a considerable impact on the business of modern bicycles. In particular, the UFO thunderstorm has attracted the attention of the China Banking Regulatory Commission. It is rumored that relevant regulations will be issued soon to regulate the use of deposits in the shared bicycle industry.

This bad news directly halved the valuations of major bike-sharing companies.

After all, everyone knows that the short-term bicycle rental business itself is not valuable, but the huge cash flow generated by travel demand. If the China Banking Regulatory Commission issued a regulation requiring shared bicycles to deposit deposits into regulatory accounts and strictly limit the scope of their use...

Those routines of paying a deposit for free and using a car for free can be finished directly!

The office building where Motobike is located.

Zhang Tao has been very busy these days.

Not only because of the relocation of the company and the business connection with WeChat, but also because the mess caused by UFO has seriously affected the operation of Modern Bicycle.

The leader of the China Banking Regulatory Commission just called him yesterday and asked him to submit a detailed financial statement listing the purpose of each deposit for Modern Bicycle.

This is a good thing to say, after all, the business connection between Modern Bicycle and WeChat has not yet started, and the funds withdrawn from Jiangan Capital are now lying in the bank account without moving.

The only thing he is lucky about now is that the time for Sea Lion Group to invest in the shares is really timely. If it is a few days late, even if the amount of financing is reduced, it will have to be discounted by half.

What makes him even more fortunate is that he sold 5% of the shares to Ma Youtian before, and finally cashed out 140 million. If it is now, let alone 140 million, I am afraid that if it is 14 million, others will have to consider whether to take over.

Thinking about what happened in the past few days, Ma Youtian couldn't help but feel a burst of emotion.

Looking back, the biggest winner of this turmoil is probably only Yunmeng Group. The 700 million precise deposits have been placed on the top of the mountain. All the people who laughed at them for selling at a loss at the beginning may not be able to laugh now.

Especially Sea Lion Group.

Although it is not very good to say this, every time Zhang Tao received a call from the other party in the past few days, he felt that the other party's tone seemed to be about to cry.

Just after processing the materials needed by the China Banking Regulatory Commission, Zhang Tao was planning to take a break when the cell phone on the table rang again.

Seeing the caller's name, he hesitated for a while, and finally picked up the phone and pressed the connect button.

Before he could say hello, an eager voice came from the other end of the phone.

"How long will it take for you to go public?"

Zhang Tao: "..."

It's not even listed yet, have you already started planning to reduce your holdings?

"What happened to you?"

"In a hurry to spend money..."

The voice on the other end of the phone was full of hoarseness, like sandpaper rubbing against the wall. Zhang Tao could probably imagine what kind of expression this President Ma had on his face at the moment.

If he remembers correctly, the main profit of Youtian Bicycle comes from the small and micro loan business under Youtian Network. Now UFO bicycles are suddenly thundering, and there are stampedes and runs on all major shared bicycle platforms.

Just by hearing this voice, he could imagine how desperate Ma Youtian was at the moment.

But understanding is understanding, and it is impossible to ask him to help. Not to mention that they are competitors, even if there is no relationship between competitors, this hole is not something he can fill.

"...I advise you to think of other ways. Not to mention that the IPO of the entire bike-sharing industry is currently blocked. Even if Sea-Lion Group has a way to help us overtake the car in a corner and go public, you have to reduce your holdings in the secondary market. Lockdown period passed."

In Xiaguo, the lock-up period generally starts at 24 months, and the lock-up period may be extended depending on the specific situation depending on the industry and sector.

There was a long silence on the other end of the phone, and then there was a soft sigh.

"...Are you interested in the bike-sharing platform with the second largest number of users in Central Xia?"

Zhang Tao's eyebrows twitched violently, and he said with a smile on his face.

"What do you think?"

Knowing that it would be useless to talk too much, Ma Youtian hung up the phone silently.

Zhang Tao, who was sitting at the desk, shook his head lightly, and threw his phone on the table.

He didn't sympathize with what happened to his friends. He only remembered hearing a sentence a long time ago that the money earned by luck in this business field will be lost by skill sooner or later.

There was also no gloating in his heart.

After all, no one knows whether a similar thing will happen to him one day in the future.

Risk control must be done well at all times. Zhang Tao is suddenly a little thankful for these things that he failed to learn from Lin Jun. He learned this lesson from others...