Rebirth of science and technology academic master

Chapter 253: Net worth rises sharply

With last year’s experience, this year’s tail-tooth banquet will be even more exciting.

People from the two research institutes, plus their families, filled the two halls directly. There were 20 people per table, more than 100 tables, and the standard for each table was 10,000 dishes. If you want to drink, you can Just drink whatever you want.

Only the researchers, more often than not, drank juice and only a small percentage drank alcohol.

Qin Yuanqing and his young sister handed over their children to their mother-in-law and attended the wedding banquet together. When Qin Yuanqing gave a speech, he affirmed the achievements of the two institutes in the past year and looked forward to the new year.

This year is a special year for many people. After making savings, many people have replaced their houses and moved into villas. Many people have completed life-long events this year, getting married and having children. Every day the institute has good news.

Of course, there was also unfortunate news. One academician also collapsed. Finally he couldn't hold on anymore and closed his eyes with a smile. Several professors became terminally ill and had to leave their jobs.

Many people initially make a wish for themselves to work healthily for fifty years, but in fact it is difficult for many people to work healthily for that long. Overtime, fatigue, and eating and drinking can easily lead to illness.

Although the institute has physical examinations twice a year, many diseases are still unavoidable.

Immediately afterwards, honorary awards were awarded, and medals, certificates, and cash were awarded to individuals and groups that had outstanding performance in the past year, so that their families could enjoy this honor together.

Qin Yuanqing always adheres to the concept that your success is always half of the credit of your family, so not only honors, but also a quota for the staff's family members is given in the physical examination, and he is also required to live a good life.

Of course, in the last stage, the year-end bonus was announced. Almost as soon as Qin Yuanqing announced it, the bank staff on site completed the operation, and pleasant messages sounded on the site, followed by warm applause.

"Here, on behalf of the school, I would like to wish everyone a happy New Year!" At the end of the ceremony, Qin Yuanqing defeated everyone and ended the party.

The Spring Festival holiday has also officially started. Only some of their research institutes are locals from the capital, while the others come from all over the country and all over the world.

Those who can go back during the Spring Festival will try their best to go home to celebrate the New Year.

On January 26, Qin Yuanqing finally completed the paper "Proof of the Existence of Solutions to the Yang-Mills Equation". The entire paper is 55 pages long. It can be said that although the length is smaller than the proof of Goldbach's conjecture, the amount of information is not small at all. .

Qin Yuanqing converted the paper into pdf, then saved it and exported it.

He did not continue to find the general solution to the Yang-Mills equation because tomorrow he would attend WeChat’s Series B financing conference.

This time Qin Yuanqing did not participate in the negotiations. After seeing the results of the financing negotiations, Qin Yuanqing was generally satisfied, so he agreed. He only needed to attend the final financing conference and sign.

This is WeChat’s Series B financing, and it is also the last financing before going public. The scale of financing this time has reached 20 billion yuan, which is larger than the previous financing scale.

On January 27, the press conference hall of the five-star hotel next to WeChat Company was covered with a red carpet and bustling with reporters from all walks of life. They witnessed this rare financing press conference in China.

"Academician Qin, congratulations!" Xiong Xiaoge, the Chinese head of IDG, smiled and shook hands with Qin Yuanqing.

"Mr. Xiong is delighted!" Qin Yuanqing said with a smile. After all, this financing is beneficial to all parties. Compared with the first financing, this financing scale is larger, and all the first financing parties also received Considerable gains.

In the first financing, IDG invested 2 billion to obtain 10% of the shares and 5% of the voting rights. SoftBank and Sequoia Capital invested 2 billion to obtain 10% of the shares and 5% of the voting rights. KPCB and DFJ each invested 500 million to obtain 2.5%. shares and 1.25% voting rights.

As for the second financing, the pre-financing valuation was 120 billion yuan, which means that each investor received 6 times the income.

This time WeChat’s second financing will raise a total of 20 billion yuan, which will be used for the further development of WeChat. By this year, the number of WeChat users has reached 600 million, and the total transaction volume of WeChat e-mall reached 10 billion yuan on Double 11. , equivalent to about one-third of Ali, it can be said that the potential is fully demonstrated.

Although WeChat has been burning money and has not been able to make a profit so far, capital does not look at this, but at your user base and potential. As long as you have enough users, it will be easy to monetize it.

Witnessed by the media, the two parties signed a financing agreement and completed the second round of financing, with the total financing reaching 20 billion, equivalent to US$3.28 billion.

After the financing, WeChat was valued at 240 billion yuan. WeChat’s major shareholders, IDG, SoftBank, and Sequoia Capital, accounted for 8.33% of the shares and 4.17% of the voting rights, and KPCB and DFJ held 2.08% and 1.04% of the voting rights. Jingtian’s shares were diluted to 8.33% and 12.5% ​​of the voting rights, and Chen Zhiyuan’s shares were diluted to 1.25% and 1.875% of the equity.

Qin Yuanqing, the largest shareholder, has his shares diluted to 44.67% and 62.735% of his voting rights.

The newly added shareholders, China Merchants Bank, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China each invested 2 billion and obtained 1.66% of the shares and 0.83% of the voting rights. Berkshire Hathaway invested 3 billion and obtained 2.49% of the shares and 0.83% of the voting rights. 1.245% of the voting rights. The social security fund and the pension fund each invested 1 billion yuan to obtain 0.83% of the shares and 0.415% of the voting rights.

In addition, Abu Dhabi invested 7 billion to obtain 5.81% of the shares and 2.905% of the voting rights.

Although Qin Yuanqing is no longer the absolute controlling shareholder, he still has 62.735% of the voting rights, which is equivalent to firmly controlling WeChat.

After financing, Uni-President's valuation reached 200 billion, which means that after investing money, the book income increased by 66.67%!

This is the explosive growth of playing capital. Every financing represents a substantial increase in valuation, which is unimaginable in the industry.

According to the post-financing valuation, WeChat Group is valued at 200 billion, equivalent to approximately US$32.8 billion, which is properly classified as a unicorn. And because the starting point is high, the shareholders have strong capital, but there is no case of arbitrage. .

According to the valuation of WeChat Group after financing, Qin Yuanqing's net worth has reached 89.34 billion yuan, which is a large increase and more than doubled from the wealth of the 2013 Falls China Rich List announced not long ago.

All parties sign and the flash lights keep flashing. This will be the biggest news during the Spring Festival. This kind of large-scale financing is rare even in the world.

People with countless flashes couldn't open their eyes, and the shutter button felt like their hands were twitching.

Everyone knows that China’s BAT landscape is about to be rewritten. You must know that just yesterday, Tencent’s market value exceeded HK$1 trillion, totaling 780 billion yuan or US$127.9 billion, making it the leader of BAT. Although Alibaba Group has delisted from Xiangjiang, everyone now knows that Alibaba Group will be listed in the United States this year. The market value is estimated to be less than 100 billion U.S. dollars, which should not be much different. Qiandu was stuck with a market capitalization of 40 billion, and now WeChat has caught up.

Even when reporting, the title "BATW" began to appear!

Qin Yuanqing and his young lady left after attending the reception. Compared to this shopping mall atmosphere, Qin Yuanqing preferred scientific research.

"Oh, there are 4 billion more out of thin air, and there is too much money to spend!" Qin Yuanqing said with a sigh as soon as he returned home and sat on the sofa.

This time he cashed out a small part to reduce the major shareholder's shares. He originally wanted to inject money from his personal account to ensure that he was the absolute controlling shareholder. As a result, there were serious objections from all parties, and the management also persuaded him, saying that the shares were now gone. Too much is not conducive to the development of the company, so Qin Yuanqing agreed upon seeing this. As a result, not only was the money not spent, but he got 4 billion more cash.

"Come on, others are worried about having no money, but you are worried about having more money!" The young lady rolled her eyes at Qin Yuanqing angrily: "My mother has worked hard all her life, but she doesn't have as much money as you!"

She just couldn't stand this, and it didn't hurt her back to stand and talk.

The young lady went upstairs to remove her makeup. She is not used to putting on makeup at home.

Qin Yuanqing shook his head, woman, it's like you can't see anyone without makeup, it's really speechless.

Qin Yuanqing had to think about how to spend the money. In 2013, Qin Yuanqing's public welfare donations reached 4.5 billion yuan, firmly ranking first. In addition to donating to Guida, the main directions of public welfare are education and children's medical care. After all, children are the future of the motherland. Only when children grow up healthily can the motherland have a future.

Such a large donation basically means that most of the personal income tax will be refunded, and the tax bureau has to issue Qin Yuanqing with an honorable tax payment badge every year before the Spring Festival.

Many people from the tax bureau say that it would be great if there was no tax refund, and their year-end bonuses would be much larger.

The Spring Festival in Beijing did not feel like the New Year in my hometown. My dad also took some photos of his hometown to show Qin Yuanqing. Now, the entire scenic spot has entered the final stage, with only a part left unfinished. The whole hometown looks great. After the change, the villagers became accustomed to taking a walk every day, and women began to dance in the square. People from the surrounding areas usually came to play. When the Spring Festival came, it became a place for students to hang out.

The villas have been renovated and the hotel is basically built. In another month, they should be completed and put into use.

Qin Yuanqing was also happy about the changes in his hometown. He believed that this was a road, a road of development, and even if he went wrong, the things were there and they would serve the local folks.

On New Year's Eve, Jing's father rushed back to the capital from the Northeast overnight. The reunion dinner was very sumptuous, and he didn't ask anyone to cook it. After all, the nanny also needed to celebrate the New Year, so this time they did it themselves, which was a different feeling.

Watching the Spring Festival Gala, eating the reunion dinner, and not having so many social activities, Qin Yuanqing rarely relaxed. On the first day of the new year, the relatives of the Jing family gathered for dinner, and nothing else.

Qin, Yuan and Qing all felt that although there was no entertainment during the Spring Festival, it was also boring, so they began to invest in research, hoping to prove the solution as soon as possible.