My Age of Investment

"So, our foot bath shop can also be listed?"

After listening to Xia Jingxing's introduction, Guo Jiafu was quite happy.

Xia Jingxing nodded, "Foot baths belong to the tertiary industry and can be listed, but there is no precedent, so it is not easy to value.

And I want to go public in China... um..."

Seeing that Xia Jingxing hesitated to speak, Guo Jiafu had an "I understand" expression, "President Xia, it's okay, I understand, it's just that the officials feel that the influence is not good! Everyone always thinks that our industry is not serious."

Xia Jingxing didn't expect the other party to show it so bluntly, and said with a smile: "If you want to go public in China, you will face the review of the Securities Regulatory Commission, which may be much stricter than other companies.

And even if it is really listed, you have so many stores, as long as there is any negative news about one store, the stock price will fluctuate greatly.

At the same time, since your industry has low barriers to entry and has no core competitiveness, the market value will not be so high after being listed. "

Guo Jiafu smiled, "As long as it can be listed, I am satisfied, even if the market value is lower, it doesn't matter.

In my opinion, many of us in this line of business still do serious business, but rat feces ruined a pot of porridge.

Our industry actually belongs to the health industry. Pressing the feet and stimulating the acupuncture points is good for the body.

Spending money on foot baths is better than spending money on hospitals, don't you think?

In fact, in addition to male customers, many female customers also come to pinch their feet. It is really not as bad as everyone imagines. This is a positive industry.

I listed Fuqiao not only to make my employees look up, but also to clear the name of our health industry. "

Xia Jingxing smiled lightly. How could one or two listed companies have been born in this industry to justify their names? The water is too deep.

Big foot bath brands may cherish feathers, but the small-scale ones, which appear to be foot bath shops on the surface, are actually skin and meat businesses behind the scenes, which cannot be eliminated unless they learn from foreign countries and operate with licenses.

"President Xia, I want to hire you as our listing consultant, is that okay?

It's not in vain to ask for your help, I can give you 5% of the shares. "

Guo Jiafu looked at Xia Jingxing sincerely,

The selling price is five points of shares, and Xia Jingxing does not need to pay a penny.

After Xia Jingxing finished listening, he laughed "hehehe".

"Forget about shares. Vision Capital is mainly engaged in venture capital business. You should find a professional investment bank and let them guide you to go public."

To be honest, he doesn't think much of these five points of shares.

He is a bigwig who is engaged in Internet and technology entrepreneurship and financial investment, and he is too low to serve as a director of a foot bath chain brand.

It's not that he looks down on foot bath shops, but that people's words are terrifying.

Although it is not shameful to make money by labor, the outside world doesn't think so.

This share was given to him for free, but he didn't dare to take it.

Because compared with what you get, you lose more, such as reputation and influence.

Guo Jiafu was a little discouraged seeing Xia Jingxing rejecting the five points of equity that he had given away without blinking an eye.

He naturally knew about Xia Jingxing's background. After Wu Huanghe contacted him, he asked someone to check it out. He knew that Xia Jingxing had a lot of money and a great reputation.

He originally wanted to lure the other party into a team and help stand on the platform, and the corporate brand was established in an instant, and the benefits were not too much.

Compared with what can be obtained, these five points of equity are nothing at all.

But they don’t want to give the other party shares for free, maybe they still don’t think much of a company like them that can’t stand on the stage.

"Hey, by the way, Mr. Xia, what is this investment bank? Is it a bank? Which bank are you looking for? Bank of China or Industrial and Commercial Bank of China?"

Guo Jiafu directly asked Xia Jingxing in a daze. He didn't even know about the investment bank. You still want to list the company?

But I also understand that the other party has no culture.

I heard that the reason why he went bankrupt in his previous life was because the other party never signed the contract without looking at it, and invested blindly.

Jiangnan Chunfeng invested a sum, and the equity investment was directly made into a convertible bond. The foot bath king signed a joint liability guarantee in a daze, enjoyed the same set meal as his classmate Tiecong, was on the list of dishonest persons, and finally fell into a doctor's office. To get the easy end.

"It's a securities company, not a bank. I can introduce one to you."

When Guo Jiafu heard that Xia Jingxing was willing to introduce him, his face burst into a smile, and he thanked him for a while.

Xia Jingxing simply did it conveniently.

Because I heard that the boss has a good reputation. After making money last year, he spent more than 60 million yuan to pay the down payment of more than 400 sets of Yuzhou Jiangjing houses to the employees, and also issued more than a dozen Porsches to the executives.

You must know that this incident happened in 2005, and such a generous boss was far less common than later.

In particular, Jiafu Fuqiao is not a big company, but a small chain foot bath brand.

The reason why he spent so much money is because his employees felt that doing foot baths was "not on the table" and "they dare not mention it to their parents and fellow villagers when they go home".

So he "flaunted his wealth" in a high-profile way, and wanted to tell his employees and everyone: even if you wash your feet, you can buy a house or a car in the city.

He is very forthright, so even the creditors are willing to donate to him after he announced the easy fund raising in his previous life.

The valuation of the assets of the other party is 20 billion. In fact, it was also created by Hurun. It estimated the annual profit of the company and multiplied it by 40 times the price-earnings ratio.

As for money, the other party may have a lot, but it is all the cash accumulated from starting a business, hundreds of millions, more than a billion.

Later, after the investment failed and the cash on hand was wasted, the company inevitably declined.

Since it is not a listed company, the equity assets cannot be realized, and once the company collapses, all return to zero.

The reason for investing blindly is also to pursue the illusory dream of going public, investing several hundred million to open a luxurious "diamond directly-operated store" and then investing several hundred million to build a five-star hotel, and finally to be heavily in debt.

In the words of a friend: Guo Jiafu is honest if he puts it mildly, but he is stupid if he puts it bluntly.

Foot bathing is a sinking industry, and among the wealthy people, not many people like to wash their feet.

People like Xia Jingxing and Chen Hong who have special hobbies are very few.

In fact, they don't go there very often, they are decent people.

It can be seen from this that it is basically impossible to make the foot bath shop into a high-end luxury route.

Xia Jingxing intends to introduce Chen Hong to Guo Jiafu, he believes that Hanergy's professionalism can still help this king of foot massage.

After chatting for a while, Guo Jiafu left with a full harvest. Before leaving, he wanted to ask Xia Jingxing to have a supper, but was declined.

The two foot-pressing girls left after providing their services, and only Xia Jingxing and Wu Huanghe were left in the room.

"Is this the business you introduced to me?"

Xia Jingxing sat cross-legged on the bed, looked at Wu Huanghe with a half-smile, and the latter sneered, "President Xia, don't be angry, I actually don't know how to do it, I thought this was a good opportunity.

Thinking about investing in Vision Capital, and then sending Fuqiao to the market within a year or two, making a lot of money. "

Speaking of this, Wu Huanghe sighed, "But who knew, there are so many twists and turns in this capital market.

In fact, Jiafu Fuqiao is still pretty good, with dozens of directly-operated stores and more than 100 franchise stores.

Those franchise stores each need to pay a franchise fee of nearly one million yuan, and they also have to pay 3%-6% of their turnover every month, which is handed over to Guo Jiafu as a management fee.

Their family is rich and overseas Chinese, and their annual revenue is at least several hundred million.

The net profit margin of this line is also very high, it is said that it is nearly 60%. "

Xia Jingxing looked at Wu Huanghe, smiled and asked, "He has so much cash in his hand, did you ask him to borrow money?"

Wu Huanghe was a little embarrassed, "Actually, I don't know him very well, we just met him a few times.

Even though our relationship is average, he still lent me one million yuan without asking me to type the IOU.

In the past two months, I have been running around in Beijing and Shanghai Pengyang, and the travel expenses and entertainment expenses are all based on this one million. "

"Didn't you tell him to invest in you?"

Wu Huanghe shook his head, "He's not interested, he's all about foot bathing."

Xia Jingxing smiled, he really had no vision, if he invested in Leihuo Lighting, then there would be a listed company, so why bother to go to the foot bath shop to go public.

But it's normal, not everyone has his far-reaching investment vision.

After leaving the Fuqiao Foot Bath Shop, Xia Jingxing made a phone call to Chen Hong as soon as he returned to the hotel.

"Brother, let me introduce you to a pre-IPO round company!"

Xia Jing's jargon is very high-end.

Sure enough, Chen Hong fell for the trick, thinking that Xia Jingxing had dug up some big treasure.

The voice on the other end of the phone was slightly excited: "I heard that you have gone to Yuzhou. What kind of company is it? Industrial technology or the Internet?"

"You think too much, Yuzhou has no Internet, it's a foot-washing city."

There was silence on the other end of the phone for half a minute, and then there was a sound: "What are you kidding?"

"Pack it up, this is a health industry, and it cannot be listed in China, so it can be listed on the Hong Kong Stock Exchange, or the SGX or ASX.

Think about it, this is the first foot bath!

How eye-catching and successful, as an investment bank, Hanergy, can you not become famous once? "

Chen Hong thought that he was idle if he was idle, and the first foot bath sounds really interesting.

He has washed his feet so many times, but he never thought of listing this kind of company.

It's interesting to have a challenge!

So Chen Hong agreed, planning to fly to Yuzhou tomorrow to have a look.

"Oh, I have to tell you about Lei Huo lighting. I met Wu Huanghe today..."

Xia Jingxing told Chen Hong that Envision Capital had reached a financing agreement with Leihuo Lighting.

Then he said: "I have already negotiated with Wu Huanghe. He will sign an intermediary agreement with Hanergy on behalf of Leihuo. Our investment is also considered as your matchmaking."

"Hey, how inappropriate this is!"

The voice on the other end of the phone was very pretentious and artificial, which made Xia Jingxing a little speechless.

"Then...don't sign?"

"Let's sign it!"

...

Xia Jingxing joked with Chen Hong for a while, and settled the matter of Leihuo Lighting.

In this matter, Hanergy did not actually do any work, but only provided a chance for Xia Jingxing and Wu Huanghe to meet by chance.

It makes sense to completely abandon Hanergy.

It's just that Xia Jingxing took everyone's relationship into consideration, so he gave Chen Hong a face.

Chen Hong naturally understood what Xia Jingxing meant, and in turn gave him a face.

He took the initiative to propose on the phone that the financing intermediary fee should be reduced to a certain point, which is a friendly price, and at the same time, he will help Envision Capital to do due diligence.

Anyway, the money was paid by Lei Huo Lighting, Xia Jingxing didn't feel bad at all.

In fact, according to the 60% shareholding, the equity apportioned to Vision Capital is still 1.2 million.

It's just this little money, why bother about it? Chen Hong introduced so many unicorn companies to him, and he is simply "the strongest assist king" and "the boy who gives money".

And two million, for Leihuo Lighting, which is about to accept 200 million financing, is a small number. Wu Huanghe originally said that he would pay five million financing intermediary fees, but now that the price has been reduced, he will not have any objections.

Chen Hong smiled on the other end of the phone. He originally blacklisted Wu Huanghe.

Now that Xia Jingxing is investing in the other party, it is somewhat uncomfortable.

But Xia Jingxing took the initiative to call to explain, and offered to give away 5 million agency fees for nothing.

No matter how big the dissatisfaction was, it almost disappeared.

People in bridal sedan chairs carry people, give each other face, normal social etiquette.

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