Chapter 217 Want to deduct 1
Last month, Zhou Fenglan returned to China but was stood up by Xie Jingxing in Shenzhen. She threw a tantrum and returned to her home in Beijing alone, only to find out that she was pregnant.

It is exactly the same as the plot where Old Xie gets furious and throws all his status and position to the winds, wanting to simply use a stove hook to dig his rebellious son to death as a father.

Her old father, who was almost 60 years old and had to dye his gray hair black to maintain his work image, was so angry that he couldn't sleep all night.

"I got pregnant before marriage and I don't plan to get married in this life. Then what? Beat me to death?"

——Zaratul, oh no, Zhou Fenglan said so.

On one side was the anxious and angry wife who was wiping her tears and trying to stop the fight with her blood pressure rising; on the other side was the only daughter who was sticking her neck out and acting like a scoundrel without fear.

The old father locked himself in the study and smoked two packs of cigarettes, then called an old friend whom he had not contacted for many years since he came to Beijing. Xie Jingxing crossed mountains and rivers and rushed thousands of kilometers overnight to receive a flying kick.

Let’s not talk about Yunhe Logistics or anything like that. Zhou Fenglan just lent the child a seed. The child’s surname is Zhou, so this matter needs to be made clear.

The dinner was a warm one. The two old friends drank moderately and reminisced about the past, while Xie Jingxing concentrated on coaxing the emotionally sensitive pregnant woman to eat.

The only flaw was that Zhou Fenglan's mother's eyes were red at the end, and she really wanted to shoot Old Xie and Little Xie on the spot.

But as my daughter said, what then, what can we get?
All my husband has been thinking about today is realizing his personal ambitions and benefiting his children and future generations.

"It would be great if you could stay at home with your uncle and aunt."

The evening breeze was blowing gently, Zhou Fenglan stood at the door and directed the guards to move several boxes into the car. Xie Jingxing had a headache and whispered.

Even having a family dinner could give him the same ritual feeling as "a newlywed returning home". He was a little nervous and kept looking back at the statue-like figure standing on the second-floor balcony.

Fortunately, the statue remained calm and did not move until we got into the car and stepped on the gas to escape the community.

"Drive slower, I'm carsick."

Zhou Fenglan asked in a stern tone, "How many days will you stay in the capital?"

"Well, I will stay here permanently and won't leave for a short time." Xie Jingxing gave a decisive and positive response.

Zhou Fenglan thought for a moment and asked, "Are you busy at work?"

"No big deal."

Xie Jingxing had a serious expression. They had negotiated and compromised many times before, rationally attributing everything to the choice of interests, but when Zhou Fenglan's belly really gave birth to their blood.

He inexplicably felt powerless. Even characters like Old Xie and Uncle Zhou were unable to be absolutely rational in the face of their emotions, and he was no exception.

"Any news about Yu Tong?"

Zhou Fenglan probably felt the same way and asked cautiously.

"He hasn't told me yet. He must be planning to surprise me when he returns home after graduation."

Xie Jing Xing smiled: "You know, I always shoot without missing a target."

"Pah, obscene."

Zhou Fenglan's face was slightly red and she looked disgusted, but her body slowly relaxed as she leaned against the back of the chair and tilted her head to look at the lights of thousands of homes outside the car window, with a hint of confusion in her eyes.

Xie Jingxing pretended to be arrogant and insisted on going to the Northern Gun Shooting Range tomorrow to prove his strength. He also made a plan with a grin on his face to go to Inner Mongolia in two months to participate in the Nadam Festival and sign up for archery to win the championship.

Soothing music was playing on the car stereo, the back seat was filled with cigarettes, alcohol and tea brought from home, and outside the car window were ordinary workers who were working overtime until late at night and were on their way home.

Zhou Fenglan listened quietly to the man's nagging beside her and closed her eyes.

"You guys eat. I'm not very convenient tonight. I'll go to your company tomorrow to talk. If there's something, I'll ask Song Anli to go over for me..."

They arrived at the hotel without any problems. When they parked in the underground parking lot, Xie Jingxing received a call from Liu Qing.

Hearing the intermittent and light conversation, Zhou Fenglan opened his eyes lazily, waited for the call to end and took the initiative to say: "You go and get busy."

Just as Xie Jingxing was about to say something, she waved her hand and interrupted him: "Don't drag your feet, go early and come back early. I'm sleepy so I'll go to bed first. If you come back drunk, you are not allowed to go to bed."

After saying that, he pushed the door open and got out of the car, instructing Song Anli to help him take down the toiletries and spare clothes.

…………

Xie Jingxing drove to a street-side barbecue stall according to the navigation, where Liu Qing and Cheng Wei were happily drinking beer.

"Hurry up and get Mr. Xie a wine glass." Cheng Wei's face flushed as he threw down the crayfish and picked up the cigarette box.

At the end of May, the temperature in the capital was slightly cool at night. Xie Jingxing gathered his clothes and found a place to sit down: "I'm quitting."

"Oh, when did you quit drinking? You didn't quit drinking, did you?" Cheng Wei joked.

Xie Jingxing shrugged: "Today."

"...Are you serious? Don't spoil my fun. I said I came to tell you the good news." Liu Qing was stunned.

Xie Jingxing took the wine glass from her and filled it up: "My wife is pregnant."

"Pfft."

Cheng Wei fell off the stool because he didn't sit firmly. Liu Qing stared at his mouth, which was almost grinning to his ears, and remained silent for a long time.

"Boss, please help me buy two bottles of Moutai!"

Cheng Wei caught his breath and stretched his neck to greet him. Xie Jingxing picked up the draft beer cup and took a sip, unable to stop laughing like a fool.

Liu Qing suddenly felt bored, stopped showing off, and finished speaking the key points in one breath.

She received internal information that the relevant department would publish the "Draft for Soliciting Opinions on the Online Car-hailing Industry" on the next working day, Monday. Xie Jingxing suggested that Didi set up a government public relations department and expert team in advance to get good returns.

The first and most important one is to recognize the legality of private cars (with licenses) operating special car services. The violent conflicts caused by illegal car operations in Harbin will still occur, but Didi can stand firm from a legal perspective.

Services such as ride-sharing can also take advantage of loopholes and look for opportunities to go online later.

Secondly, mobile payment transactions should be standardized. Platforms should unify settlement services with banks and third-party licensed payment institutions, and lift the ban on offline QR code payments.

Third, the jurisdiction of regulatory authorities and local administrative agencies should be clearly defined. Online ride-hailing vehicles that operate legally in Shanghai may not necessarily be legal in Hangzhou.

The last point is that the long-planned platform server is built in China, and relevant departments have the right to access the database to retrieve information and conduct corresponding supervision in accordance with the law.

In short, Uber China wants to build a server database in China through "protocol control" that may be subject to administrative sanctions at any time.

And currently they only have mobile payment transaction agreements with traditional banks and credit cards, so they have to connect to Alibaba and Tencent.

It takes time to develop corresponding mobile payment product functions, but Didi does not need that at all. Offline QR code payment can be used directly.

"So you want to start a war with Uber?" After a few beers, Xie Jingxing regained his normal IQ. "Use the first-mover advantage to fight. The time and place are favorable to us."

Cheng Wei took over the conversation: "The only problem now is that the relevant departments allow online taxis to adjust market prices, assuming that everyone is burning money within a controllable range, forcing traditional taxi companies to reform."

"It's a natural thing."

Xie Jingxing sighed. Currently, the online car-hailing industry has burned through tens of billions of dollars in capital, and only accounts for about 25% of the entire public transportation market.

From a macro perspective, the dual-track parallel system of online ride-hailing and taxis has been basically determined. Now that the former has been given market freedom, the subsequent development of the platforms will depend entirely on their own capabilities, with no so-called policy support or intervention.

It is foreseeable that the money-burning competition between Didi and Uber China will be extremely fierce. The scenes in which they previously competed with Kuaidi for hundreds of millions of dollars, which shocked the venture capital circle, will become a long-lasting norm in the future.

"We are raising funds while fighting the epidemic. We plan to launch a large-scale strategic financing round immediately."

Cheng Wei tilted his head to look at Liu Qing, paused for a moment and emphasized: "It is temporarily confirmed that China Investment Corporation, Ping An of China and BAIC Group will jointly lead the investment, with an initial financing of US$20 billion and no upper limit."

"Thank you for your hard work. You are going to register a new 20% equity?" Xie Jingxing raised his glass to indicate.

Liu Qing raised her hand to stroke the hair by her ear: "12%-15%. At present, the industry policy direction is clear, the overall market expectations are positive, and our valuation has increased."

"I fully support you." Xie Jingxing expressed his attitude without hesitation.

If this huge round of financing with a starting price of US$20 billion is successfully completed, his shareholding in Didi will drop to around 17% and will continue to be diluted in the future.

Taihe Xiyou is unable to participate in investments of this magnitude in mid- and late-stage financing rounds, which are entirely the performance stage for top giants.

CIC is a national sovereign fund comparable to Temasek; there is no need to say much about Ping An of China. If there is any company in the country that is too big to fail, this one can be considered one.

BAIC Group owns joint ventures with Mercedes-Benz and Hyundai as well as numerous mid- and low-end domestic sub-brands, and its status as a giant in the state-owned automobile industry is unquestionable.

It is obvious that Liu Qing has made great efforts here. Not only does he have to look for large sums of money everywhere, but he also has to have investors with targeted strategic resource support.

Tonight, she and Cheng Wei were indeed announcing the good news out of friendship, and Xie Jingxing no longer had the ability to forcibly veto the financing plan.

"We don't have the energy to start the car manufacturing project for now. The introduction of BAIC Group's investment is just to lay the groundwork and warm up. They will make small customizations to the existing models according to our needs."

She said firmly: "I have discussed with Lao Cheng that we will kill Uber China by the year after next at the latest and develop new energy vehicle manufacturing business."

"Don't worry, take it step by step, steadily." Xie Jingxing was very patient.

"Anyway, Liu Qing and I have thought it through. The process of burning money with Uber China is the process of expanding the boundaries of the market scale. Even if there are no competitors within the industry, we can't save the money we have to burn. Sooner or later, we will have to steal food from taxis."

Cheng Wei burped and said, "If that's the case, why not do it on a larger scale and end it sooner rather than later? We should invest $20 billion in two years to kill Uber China. Doesn't Kalanick's grandson want to invest in us? Let him use Uber China as the price to buy shares."

"What do you two usually talk about?" Xie Jingxing raised his eyebrows in surprise and was very curious.

Liu Qing turned away without looking at him. Cheng Wei, slightly tipsy, confided: "We have thought a lot about the merger in the past few months, but it seems meaningless. In the end, we are still an intermediary, being pushed around by Tencent and Alibaba."

"He went to the bus manufacturer to investigate the purchase of buses for the ToB corporate travel business and was criticized because the manufacturer thought the order volume was too small and refused to give him bargaining power. Moreover, Tencent and Alibaba often disagreed in the board of directors." Liu Qing added softly.

Cheng Wei took a gulp of wine and said, "Jingxing, you are right. Our ultimate goal must be more than just a transportation matchmaking platform. We want to enter the field of smart car industry and become an indispensable industry foundation channel like Tencent and Alibaba!"

Xie Jingxing nodded slightly. Today, the big picture of smart cars that he had drawn finally took root and began to show signs of success.

Manufacturing new energy vehicles is not difficult. He had initial contact with a suitable candidate two months ago. It will take some time. If nothing goes wrong, the entry point will be next year.

Cheng Wei has always been a good drinker. When he was half drunk, he took the initiative to suggest that the party be ended and he took a taxi home first.

Xie Jingxing drove here and called a designated driver online. Liu Qing accompanied him to wait for the driver.

"He has been a little impatient recently, but I don't think anything will go wrong with him."

"It's normal. The valuation went from 0 to 120 billion US dollars in three years. If I were in your shoes, I would be inflated too."

"But he invested in New DAE not because of Wang Xing, but because he is really optimistic about the local life industry." The two of them were chatting for nothing, and Liu Qing expressed Cheng Wei's opinion.

This guy previously forced the launch of a food delivery business, but suffered a small loss of tens of millions of yuan and failed without a sound. On the other hand, Wang Xing was not to be outdone and forced the launch of an online car-hailing business, which also failed miserably.

Now Cheng Wei is still unwilling to give up and has invested in New DAE in his personal capacity. Tencent and Alibaba on the board of directors are almost driven to death by this brainless and unhappy couple, who are like endless underage children.

"I once told him when I was drunk that I wanted to make Tencent and Alibaba kneel down."

Xie Jingxing exhaled the alcohol and said, "Is it possible that he is not angry with Wang Xing, but has always been targeting Tencent and Alibaba?"

"I don't understand." Liu Qing was quite surprised.

Xie Jingxing joked: "People like you and me can't fully understand grassroots entrepreneurs like him. He dared to drag me into Tibet, so why didn't he dare to resist Alibaba and Tencent who forced him to take sides?"

Liu Qing couldn't believe it. Didi's last food delivery business and Cheng Wei's investment in New DAE this time clearly showed that they were more likely to truly regard Xie Jingxing as a close friend.

Otherwise, what normal person would have nothing better to do than crawl into the next quagmire when they are stuck in one themselves? But in Xie Jingxing's mouth, it turned out that Cheng Wei wanted to resist BTA and deliberately took sides to disrupt the situation.

"Deep love does not bring longevity, and extreme wisdom will bring harm. I sincerely suggest that you don't think too much." Liu Qing frowned slightly, unable to hide his emotions.

Xie Jingxing looked up at the night sky: "It's not actually my wife who is pregnant...but she is my wife."

"Just call her a lover." Liu Qing spoke harshly.

Xie Jing Xing was furious: "You old woman are over 30 and you don't have a child. You are jealous, right?"

"Don't force me to scratch your face in public." Liu Qing rolled up his sleeves and put his hands behind his head to hold up his hair.

Xie Jingxing raised his hands in surrender: "What I mean is that only you and Cheng Wei know about this, and I also consider you as friends."

"Congratulations, Yijia Yishi Erchang Erchi."

Liu Qingqi opened a bottle of beer, and Xie Jingxing followed suit and clinked glasses: "Don't just congratulate me verbally, say something practical, like how did you attract those state-owned giant investors?"

…………

Late at night, in the hotel's underground parking lot, Xie Jingxing lay down on a chair and swiped his phone aimlessly. The list of WeChat contacts flashed one after another and stopped at the profile picture of an old acquaintance.

[Let's meet tomorrow? There's a large financing project. ]

【Do not have time. 】

[The 4 trillion yuan market in the fresh food industry is a new track. Yunhe Logistics has raised 10% of the financing. The share is limited. Be quick and you will miss it. If you want to deduct 1, please contact us. 】

【1. 】

(End of this chapter)