My 1999
Chapter 402 The dust has settled
Xu Liang had memories from his previous life, and he really didn't like those juices that were almost the same as water, but with some color and sugar added.
Therefore, after acquiring Huiyuan, Qiao Yuhui was asked to start reforming the formula of Huiyuan juice.
“What’s the market response like?”
Qiao Yuhui showed admiration on her face.
"It's very good. According to market research, everyone who has tried the new product has given almost 100% positive reviews."
Xu Liang smiled and said, "It seems we succeeded."
Qiao Yu would walk up behind him, lie down, rest her chin on his left shoulder, and kiss the side of his face gently, with a hint of obsession in her words.
"Why do you always make the right decisions?"
"This is ability."
Xu Liang smiled.
Reach out and grab something.
Qiao Yuhui turned around and sat in his arms.
Holding the beautiful woman's soft body in his arms.
"Is there a third one?"
Qiao Yuhui nodded, "Establish the third largest business of Jianlibao Group - the 'mineral water' business."
"Mineral water? Why did you remember to do this?"
“Recently, in the domestic catering field, the dairy industry and drinking water industry are investment hot spots. We, Jianlibao and Huiyuan, occupy a dominant position in the alkaline electrolyte beverage and fruit juice industries, and we should further explore new markets.
The dairy industry is a bit more troublesome, and milk sources are hard to find.
Mineral water is relatively simple. You can use the mature marketing system we have built to open up the market in the short term, with low costs and high profits. "
Xu Liang nodded.
Before he was reborn, the richest man in China was a mineral water seller. And he has firmly occupied the position of the richest man for many years, which shows how profitable selling water is.
Moreover, water is a necessity and there is no need to worry about the market.
"Have you picked a name yet?"
"Not yet. Do you have any good recommendations?"
Xu Liang thought for a moment and said, "Let's call it 'Tianshan Ice Spring'."
He would rather call it Nongfu Spring, but it has been registered for several years now and is developing very well. Judging from Zhong Shoufu's attitude of not selling out after 20 years, there is a high probability that he will come to his door and they still won't. Sell.
"Tianshan Ice Spring?"
After tasting it, Qiao Yuhui nodded.
"This is a really good name."
"I won't stop you if you want to make mineral water, but the product positioning must be mid-to-high-end, and it should focus on highlighting natural spring water and health attributes."
Nongfu Spring has remained popular because of its clear product positioning and health attributes.
Then there is the Yibao mineral water owned by China Resources. Although its sales are not as good as Nongfu Spring, it has been prosperous for 20 years.
In contrast, ‘Binglu’, which was selling well and at a low price back then, has almost disappeared.
Wahaha purified water has long withdrawn from the mainstream drinking water brand.
"But the best-selling product now is low-priced purified water." Qiao Yuhui said.
"Business requires a long-term perspective. It's good now, but it may not be good ten or twenty years from now. Our business in drinking water is not to do it for three to five years, but to make it our main business.
Therefore, mid-to-high-end mineral water with health as its selling point is the product we should stick to. "
"Okay, I'll listen to you."
Qiao Yuhui nodded.
After talking about work, Xu Liang stood up.
"Come on, I'll take you out for a walk."
Qiao Yuhui leaned back, her white slim-fitting sweater making her already plump upper body look even taller against the backdrop of her slender waist.
"This is not my first time coming to the United States. After studying for so many years, I have already finished reading what I need to see. Instead of going out, it is better to rest at home."
"It was before. When we were playing, I wasn't around you." Xu Liang said with a smile.
She glanced at him charmingly.
"Virtue."
As he spoke, he raised his right arm.
Xu Liang smiled and stepped forward to pull her up.
The two changed their clothes and walked outside.
Unfortunately, both of them had many things to do, and Qiao Yuhui had to leave after staying in Silicon Valley for four days.
According to Xu Liang's wishes, he planned to let her stay.
Avoid the impending SARS outbreak.
But Qiao Yuhui never agreed. Jianlibao was her hard work. Especially at such a critical time of the year, she couldn't leave for too long, and she didn't want to leave.
Xu Liang could only let her go, but added bodyguards around her.
If a critical moment comes, even if she doesn't want to come out, she will be taken out by force.
It's the end of the year.
There are many things to do.
Especially Jianlibao is getting bigger and bigger, and things are getting more complicated.
Four days is the limit that Qiao Yuhui can spare now.
Seeing the Golden Eagle carrying Qiao Yuhui away, Xu Liang sighed with some melancholy.
Throughout the year, we have too little time to see each other.
His melancholy did not last long before he was interrupted by the ringing of his cell phone.
He took out his cell phone and quickly pressed the answer button.
"BOSS, Vivendi has compromised." Richard Sanders said excitedly.
Xu Liangzhong also became excited.
Since Microsoft has clearly withdrawn, Google has no offer, and Vivendi, which has lost all hope, has begun negotiations with Hongmeng.
This conversation lasted for nearly a month.
One of the reasons why the talks took so long is that Vivendi insisted on not wavering at US$3.4 billion.
There is also a financing case in which Hongmeng signed Google for 55 times its net profit, and also required Hongmeng to negotiate a valuation of 55 times its net profit.
Neither side gave in.
Unexpectedly, seeing that it would be 2003 in a few days, Vivendi would compromise.
"What conditions?" Xu Liang asked quickly.
"Vivendi Games is priced at US$3.3 billion, half in cash and half in Hongmeng options. The valuation of Hongmeng is based on ours, which is 55 times the net profit."
"Great." Xu Liang suddenly waved his fist, "By the way, why did Vivendi compromise?"
"It may be related to the upcoming 2002 year-end report. Although there are no accurate figures yet, it can be seen from the magnitude of losses in the last quarter that in the fourth quarter of 2002, Vivendi's losses will definitely be no less than 7 billion euros.
They need money to balance their expenses. "
Richard Saunders said quickly.
"Very good. You immediately tell the headquarters about the news, and also ask Mr. Xie to fly to Paris to finalize the contract. Also, notify all shareholders of the change in equity."
"clear."
"Remember to ask the Vivendi people to sign the buy-back clause."
"yes."
After the explanation, Xu Liang hung up the phone.
He let out a long sigh.
According to the agreement reached by both parties.
Hongmeng will pay US$1.65 billion in cash and shares of the same value.
With the US$1.5 billion in bonds issued guaranteed by Microsoft, Hongmeng only needs to come up with US$150 million. Hongmeng now has accumulated US$470 million in cash.
It's easy to come up with this little money.
However, after Vivendi holds Hongmeng shares, Hongmeng’s equity will also change.
Hongmeng's net revenue in 2002 was 16.4 billion Chinese dollars and net profit was 3.912 billion Chinese dollars, equivalent to US$473 million.
Based on a net profit valuation of 55 times, Hongmeng’s total value is US$26 billion.
In the overall valuation, Hongmeng China accounts for 30% and Hongmeng International accounts for 70%.
In other words, US$495 million was invested in Hongmeng China, accounting for 6.3% of the total equity.
Hongmeng China's equity structure has also become an option pool with 10%, Vivendi holds 6.3%, and Xu Liang holds 83.7%.
Similarly, Hongmeng International’s shareholding has also changed again.
The original equity structure was Xu Liang 68.36%, Morgan 7.27%, 3i Group, Temasek and MIH Group 3.63% respectively, SoftBank 3%, Sun Haizhen 1.36%, and the option pool 12.12%.
It will become Vivendi 6.34%, Morgan 6.83%, 3i Group, Temasek and MIH Group 3.4% respectively, SoftBank 2.8%, Sun Haizhen 1.28%, and the option pool 11.43%.
Xu Liang’s equity was diluted again to 64.46%.
Of course, this is not the final structure.
Temasek, MIH Group, SoftBank, etc. all signed anti-dilution clauses when they originally invested.
If they exercise this power, Xu Liang's equity will be reduced.
But the specific details will be decided after discussions.
——
“For US$3.3 billion, Vivendi Games sold to Hongmeng.”
"Revenue has soared, and Hongmeng Games has risen to third place in the world."
"The growth path of gaming giants."
Looking at the news on the computer, Mike Mohami sighed.
As the CEO of Blizzard Entertainment, he has been paying attention to the Vivendi Games transaction recently. Now that the dust has settled, I feel even more uneasy.
Vivendi, the former big boss, was not easy to take care of, and Hongmeng, the new boss, may not be easy to deal with either.
And since it was reported that Hongmeng was negotiating with Vivendi, he had a good understanding of the company.
It was found that most of their games are online games that have become popular in recent years. They only entered the field of TV games and PC games after acquiring the old Japanese game company SNK.
95% of Vivendi games are PC games.
There is not much overlap between the two sides.
But fortunately, Hongmeng Company also started out with games, so it is an insider after all.
Dong Dong…….
There was a knock on the door.
"Come in."
"Creak", accompanied by a slightly hoarse sound of opening the door, a slightly obese, bald middle-aged man in a plaid shirt walked in.
"Mike, the flight is booked. We will fly to Palo Alto at eight o'clock tomorrow morning."
"Thank you, Alan."
Alan Adhan glanced at his friend's expression and walked over.
"Still worried about our new boss?"
"A little bit. After all, we rarely deal with Chinese people." Mike Mohami said.
"Relax. In fact, I am very optimistic about this transaction."
Looking at his friend's questioning eyes, Alan Adhan smiled and continued: "Vivendi just wants to make money, they don't understand games. But Hongmeng is different. I heard that they pay great attention to game quality internally. The founder of the company, Xu Liang, has made it known on many occasions that Hongmeng Games only produces high-quality products.
This concept is consistent with our company, and I believe we will have a common language in this regard. "
Mike Mohami nodded slightly and asked curiously: "You seem to know Hongmeng very well?"
Alan Adhan nodded, "They are the largest and most successful developer and publisher in the global online game field. In order to find inspiration for "World of Warcraft", I have played all their games and collected many Information, so know something.”
"I hope this meeting goes as well as you said."
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