My Dad Is The Richest Man In The City

(Thank you again to book friend [Uncle Wang] for the reward of 1000 V points! Today’s fifth update is here, I tried my best... I’ll write tomorrow’s update during the day, and go to bed early today!)

‘Dingtian’ jointly subscribed for 10% of the shares of Umbrella Technology!

This was beyond Lin Yu's expectation.

He said before that he only accepts cash as a one-time payment and does not accept payment divided into several installments or within several years.

In other words, Dingtian has to spend 30 billion U.S. dollars at one time, which is equivalent to more than 20 billion soft sister coins!

However, this was subscribed by "Dingtian". It is remarkable that such an organization that brings together many second-generation elites and children of aristocratic families can come up with so much cash.

Later, Zheng Haoguang’s ‘Weifeng Investment’ subscribed for 2.5% of Didi’s shares; US$1 billion

Tang Rong subscribed for 2.5% of Didi’s shares on behalf of ‘Datang Group’: US$1 billion

Fan Yuxin’s ‘Yuxin Fund’ subscribed for 10% of Umbrella Games’ shares for US$1.25 billion!

Zheng Haoguang and Tang Rong each subscribed for 2.5% of Didi's shares, totaling 5%. Which Lin Yu can give the maximum, and will not sell any more shares until before the listing.

The two of them subscribed for shares in Didi at a price higher than the market price by 10 billion U.S. dollars. Of course, they did not want to be taken advantage of [but they knew that the value of Didi would definitely skyrocket.

At the same time, Didi is already preparing to go public. After the listing, they only need to wait half a year to sell their shares, and they will definitely make a lot of money by then.

Fan Yuxin is optimistic about the game industry.

Umbrella Games can bring in more than 3.6 billion in revenue in one month!

The current valuation of Umbrella Games is relatively cheap, and the profits of Umbrella Games have been rising. As Lin Yu said, as long as we wait for a while, the market value of "League of Legends", which is currently in closed beta testing around the world, will skyrocket once it is released to the public!

And Umbrella Games produces games that are very fast to produce!

This proves that Umbrella Games will be more valuable in the future!

Only Umbrella Technologies’ valuation issues!

It’s not that these people like to be taken advantage of, but Umbrella Technology now has more than 130 billion in revenue from mobile phone batteries and mobile phone screens alone.

And at the patent office, they can know the patent application submitted by Umbrella Technology in advance...

It's like they can know the policies one step ahead of time in many cases, and they are always unfavorable in investment. This is the reason.

It can only be said that Umbrella Technology's current revenue is very attractive, coupled with the patents and mobile phone design drawings that Umbrella Technology continues to submit, it gives them confidence.

These three people, plus Dingtian's subscription for 10% of Umbrella Technology's shares, this time Lin Yu raised US$33.83 billion in cash, which is definitely enough to acquire a bank.

"The shares we subscribed here can be transferred to the account designated by Mr. Lin immediately; however, the US$30 billion for 10% of Umbrella Technology's shares needs a week to prepare, and we will pay it off within a week, otherwise the subscription will automatically become invalid. !"

Zheng Haoguang first transferred the money for subscribing 2.5% of Didi's shares to the account designated by Lin Yu to explain the matter.

30 billion U.S. dollars involves too much, and it is impossible to come up with it immediately.

If there is 30 billion US dollars in cash, it will definitely not be allowed to be invested in banks and in the hands of these second-generation elites to make money easily!

"no problem!"

Lin Yu is not an unreasonable person. He knows this, so he agreed.

"It's such a pleasure to cooperate. The mobile phone license that Mr. Lin needs was quickly passed the review, and everything after that was given the green light. At the same time, we will only send people to supervise financial issues. The development of the company and personnel appointments are still the final decision of Mr. Lin!"

"I hope I can sit down and have a good time with Mr. Lin when I have time!"

"Master Lin, see you next time!"

Zheng Haoguang and the others said hello to Lin Yu, and then left Umbrella Technology with the subscription contract.

Nowadays, there are also people holding shares in the subsidiaries of the umbrella, so the capital operation is not so convenient and will become very complicated. However, Lin Yu still holds the absolute shares now, and he still has the final say!

In terms of finance, Lin Yu will also ask the Red Queen to keep a close eye on it.

"Queen Hong, help me find a bank suitable for acquisition abroad. There should be no bad debts and as few real estate loans as possible...

Now the funds to acquire a bank will be available within a week, and then it will be time to acquire a bank of our own!

With a bank, all capital operations will become very convenient. At least you don't have to worry about funding problems. Of course...a small amount of funds is fine. If a large amount of bank funds are misappropriated, the bank may directly collapse.

Now Lin Yu has WeChat Pay, which is also the world's largest mobile payment software. It has also entered the field of international trade settlement. The accumulation in this field may take up to half a month, and it is equivalent to a bank in itself.

With this combination of online and offline banks, the funds that Lin Yu can mobilize are absolutely massive!

"Okay!" The Red Queen responded and began to deal with the matter.

One week is quite enough for the Red Queen.

0…Please give me flowers…

After Lin Yu finished the meeting, he went to Liu Xinhong and told him that the mobile phone license would be issued soon, and he could start promoting and warming up.

Nowadays, when making products, we rely on publicity, not publicity... The aroma of wine is also afraid of the depth of the alley!

"I will follow up!" Liu Xinhong nodded and said: "Currently, the rice phone has received the world's first release of our mobile phone screen and battery. According to their request, we will give them a month and start providing them after one is used. Warwick!”

"There's no problem in Warwick, and there's no problem here either. Just take full control of it."

Lin Yu cares about this kind of problem. It's just a global launch. Only rice likes this gimmick, but this time they can enter the high-end phone market.

"Afterwards, we will join hands with mobile phone manufacturers to hold a product launch conference to introduce our products. Mr. Lin, do you have time to attend?"

Umbrella Technology's product launch conference is very necessary.

This is the first press conference since the establishment of Umbrella Technology. As the chairman of the company, Lin Yu should logically participate.

Moreover, the popularity of Umbrella Technology's products has increased. Everyone knows that the mobile phone screens and mobile phone batteries launched by Umbrella Technology are awesome. In the future, other companies will purchase Umbrella Technology's products, which is also a form of publicity.

In this way, Umbrella Technology's products will also be publicized and become a standard in the industry!

"When is the press conference?" Lin Yu asked.

Liu Xinhong replied: "Five days later, the trick will be revealed!"

“I’ll see when the time comes and I’ll try my best to make time to participate!”

Lin Yu is not sure whether he has time. It mainly depends on when Dingtian will send the money, and he also has to prepare for the acquisition of the bank.

Liu Xinhong was very satisfied with Lin Yu's answer and did not dare to ask for too much.

After that, Lin Yu took out the mobile phone production line and sent it to the Umbrella Technology mobile phone factory. After the mobile phone license is issued, he can first get a few test machines for testing and preheating.

This mobile phone has a lot of black technology, and it is also an important part of Lin's industrial layout. When it comes to the e-commerce platform that will be launched in the future, how it can develop will largely depend on the amazingness of this mobile phone. degree!!

At the same time, this is one of the reasons why Dingtian Club is willing to take 10% of Umbrella Technology's shares at a valuation of US$300 billion without bargaining!

Because they saw the related designs and patents of mobile phones...and some other patents!.