How Did I Become a God
Vol 2 Chapter 215: business
The train arrived at Jingcheng South Railway Station on Saturday evening, and the week-long Huangshan tour ended.
Jinggao drove Weiwei and his party to the gate of Beijing Normal University. At this time, the school gate during the summer vacation was slightly quiet.
"Huh..." Long-legged teacher Li Na stretched her waist, showing a nice curve, looking at the campus in the sunset, "I finally came back."
Tan Yingying smiled and said, "Hey, pay attention to the influence." She also had a big bag in her hand.
Jinggao registered at the school gate and helped Weiwei send her luggage to the dormitory downstairs. The shade of the trees was whirling, and there was the hair gently stroking her forehead in the bicycle shed, and said warmly: "Weiwei, goodbye. I will pick you up the next morning." Weiwei plans to go back to her hometown for a few days on Monday. Jiaxin High School will start school and make up classes in early August.
Li Mengwei gently hugged Jing Gao, buried her head in his arms for a few seconds, and waved her hand: "Goodbye!" Carrying a backpack and dragging the suitcase, she walked up the steps and waved to Jing Gao who was watching her. .
A feeling of reluctance suddenly rose in his heart.
The few girls who entered and exited the dormitory had long ago looked like hell. Is this still the cold goddess in our school?
...
...
Jobs’ working hours per week are not divided into mid-week and weekends. On Sunday morning, he came to the LeTV Building early in the morning.
Unlike Jingdong, where there is an executive breakfast + morning meeting at 8 a.m., Jobs starts working when he arrives at the company. In the office, Liang Jun, who is in charge of LeTV TVs and mobile phones, LeTV CEO Liu Hong, and Yi Dao chairman He Yi are already waiting.
"Mr. Jia."
"Mr. Jia."
The three got up one after another to welcome the arrival of the king of LeTV Empire. The first half of 2016 was a highlight of LeTV. The value of the A stock market once reached 180 billion yuan. However, the Prophet Chunjiang Plumbing Duck, as the executives of LeEco, they have already sensed that there seems to be something wrong with LeEco's empire.
LeEco’s senior management has reached a consensus: LeEco must step on the brakes and stop. LeTV’s ecological layout has been completed, and its rapid expansion must end.
Mr. Jia has agreed with them and is preparing to hold the first half-year strategy review meeting in August. All staff above the director level must attend. Prepare to unify this matter in the minds of all staff, and reflect on it, and it will be rectified.
Jobs made a downward gesture, "Sit all, all sit." After walking to the desk, he took a sip of warm tea made by the assistant early, "Lao Liang, the supplier on the phone is collecting money? "
Liangjun was originally an executive of Lenovo Group, responsible for the development of Lenovo mobile phones, and joined LeTV in 2012. Push the glasses, "Old Jia, yes. LeEco Zhixin's loss is very serious. New funds need to come in. Moreover, we must stop the expansion."
Jobs did not answer, instead he asked Yi Dao Chairman He Yi with a jump of thought, "Old Ho, what is Yi Dao's valuation?"
He Yi is the former vice president of LeTV Holdings and CEO of the Internet of Vehicles company. He just arrived at Yi Dao in late June. He is very optimistic: "Old Jia, Yi Dao is a very high-quality asset, with an overall valuation of at least US$1.3 billion. ."
Jobs thought for a while, put the cup down, and said, "I will solve the funding problem. Last Friday, I met with a well-funded investor. However, he wanted to buy all the shares of Yi Dao.
Zeng Qiang of Xingen Capital told me that he called me two days ago. I've made an appointment to come in today to talk again. He deliberately contacted uber. I came to you just to discuss: Can the mobile phone business be sold? How about selling all the equity of Yi Dao to him? "
It is no secret in Beijing that Jiuge Capital spent more than 10 billion Hong Kong dollars to acquire the shares of Canglong Group. Xi Siyan knew it. Zeng Qiang naturally knows too.
Jobs’ understanding is: Jing Gao has strong financial strength and is capable of solving LeTV’s financial dilemma. LeEco should seize the time window for negotiations before the crisis has appeared to maximize investment.
Liang Bacteria thought for a while, and said, "What can't be sold at the right price?" LeTV mobile phones performed very well in the first half of this year. They sold 1.62 million units in April alone, with a market share of 4.2%.
can grow against the trend and achieve such excellent results, there is only one reason that LeTV mobile phones are making money at a loss. LeTV's funding gap is very large.
LeTV mobile phone is made by Heshuo in Wanwan. Mobile phone manufacturing does not mean that money is paid when the goods arrive. It has a capital chain control. The better LeTV phones sell, the more you lose. The actual capital chain pressure is greater.
To give a simple example, LeEco will not pay Pegatron for an order of 5 million units at first, and will only end the payment when the batch is delivered. LeEco’s dealers sell phones from LeEco, not the full amount.
There is a time difference here, which is to occupy LeTV’s own funds. The larger the order, the more occupied. Therefore, many manufacturing companies just do what they are doing and die. The reason is that the capital chain is broken.
He Yidao: "I don't recommend selling Easy To." You can see how popular the concept of shared travel is now. He only took office two weeks ago, and he is in power. How would it be recommended to sell?
was chatting, the assistant opened the door and came in, "Mr. Jia, Mr. Well from the Phoenix Fund is here."
"Okay. You take him to the conference room for a while. I'll go over immediately." Jobs ordered his assistant to stop the discussion with the executives, and said to Liu Hong: "Old Liu, you accompany me to negotiate."
As the CEO of LeTV, Liu Hong, who has followed Jobs for many years, said happily: "Okay."
He can understand Lao Jia's current pressure. Just throw in 2 billion when you build a car! Now every sub-ecology needs money. Even LeTV Sports, which only raised 8 billion in April, is showing signs of decline. The reason is of course that funds were secretly transferred to other areas.
...
...
Jing Gao took Qiao Shuang and Guan Yujia sitting in the bright conference room to chat.
The information disclosed by Xingen Capital Zengqiang is that Jobs intends to sell an asset to him or provide him with a new easy-to-sell plan, so I can talk about it again.
Jobs was still dressed in a black T-shirt and jeans. He stepped forward and stretched out his hand, "Jing, I’m sorry, I kept you waiting for a long time~www.wuxiaspot.com~ I was in a meeting just now."
Jing Gao stood up and shook hands with Jobs, smiled and said, "I just arrived too."
Jobs introduced Liu Hong sideways, walked to the other side of the conference table and took a seat, saying a few words, "Mr. Jing, last time we didn't make a deal, do you think this will work? LeTV sells 40% of its shares to you . But it is necessary for the Phoenix Fund to grant voting rights to LeTV for a period of five years. The price is easy to negotiate.
Jing Gao didn't even think about it, and he rejected this plan directly, "Mr. Jia, I hope it will be a holding company and operate on its own. I can't accept this plan."
Jobs frowned. He wrote a note to communicate with Liu Hong. Liu Hongdao: "Mr. Jing, have you considered acquiring LeTV Sports? We own the rights to the Premier League, NBA and other events. In April this year, LeTV Sports conducted a Series B financing with a valuation of 21.5 billion."
Joe Shuang took a breath. Really buying LeTV Sports, I'm afraid it will cause a sensation immediately. As the president of the Phoenix Fund, she will become the darling of the media. The press conference two days ago gave her a lot of excitement. No authoritative media came.
Jing Gao shook his head, "I am not interested in Internet business at the moment." What he wants is industry! One is high-tech and the other is labor-intensive industries, both of which can expand his influence. What is the use of buying LeTV Sports?
Jobs made up his mind, "Mr. Jing, I will take out the LeTV mobile phone and sell it to you. But you need to sign a ten-year exclusive cooperation agreement."
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