Chapter 157: The Debt-to-Equity Swap Demon Joins the Game (Additional Update, Please Give Me a Monthly Ticket)
〖For the leader: It’s actually very simple. I will update it with number six. Thank you.〗
After sending two representatives from large regions with a salary of 2.4 yuan each to discuss the matter next door, Li Zehua called Gu Shijie and briefly explained the situation.
The latter was immediately furious, "What? The Sichuan working group was split into 10, 2 to Sichuan Province, 7 to Chongqing, 5 to Yunnan Province, and to your province?"
There are no 24 cards in Landlord!!!
Gu Shijie, who had no one in his hands, felt his scalp tingling, "Boss, why don't you kill me, or chop me into 24 pieces and see if you can handle it."
"It all depends on people."
Li Zehua smiled and gave him verbal encouragement, "Besides, I'm not asking you to send someone today. The venture capitalists are there, so go cry to them and find someone reliable as soon as possible.
For example, during the financial crisis, there were so many bankrupt companies, companies with poor performance, and management talents and sales elites that were optimized. If you see an opportunity, just take action. "
I would like to add, "Especially for those who have families and children, don't be afraid of age. As long as you still have the drive and enough money, you can still live your life at 40 as if you were 20."
Gu Shijie gritted his teeth and agreed. Before leaving, he asked, "How much time can you give me?"
"Two weeks to recruit, one week to train, and then they'll leave at the end of the month. How about that? That's plenty of time, right?"
After saying this, Li Zehua slipped away without taking a single cloud with him.
Gu Shijie was left standing there, jumping anxiously, thinking, this is a joke!
Three weeks, twenty-four working groups. Even if the grassroots employees can keep up with the training, where can he find twenty-four reliable city managers?
And hundreds of middle-level leaders?
Just when I was getting anxious, I suddenly saw a stack of personnel information next to me. I picked it up and saw that everyone was wearing uniforms and looked energetic.
Looking at the comments below, I was overjoyed, "They are all talented people! We can't let them go."
Take the information and go find someone.
Next door, Ermao Si, who was about to report his achievements to his superiors, was caught off guard and opened his mouth wide after hearing what was said, unable to close it for a long time, "What!
You want 144???"
It turns out that the law of conservation of energy really exists, just like a smile will not disappear, it will only be transferred...
"Mr. Li, let me first briefly introduce our company, Magic Investment. We were commissioned by xx to prepare..."
"As the largest and most professional state-owned investment group in the entire Magic City and even in East China, we own the Pudong Development Bank..."
Zhang Baige is a great speaker and knows all the inside information of the industry. He started off by throwing out a powerful statement, "In summary, if we invest in the company.
In the future development of the enterprise, we will provide the best quality protection. For example, as long as Mr. Li nods, the basic account can be transferred to Pufa.
We will handle the subsequent matters. For example, if the enterprise has business dealings with a third-party company, there is no need to pay cash directly. This will put a lot of cash pressure on the enterprise.
When I came here, I met with the team members at home. For a strong partner like Qingyun Asset Management Group, Pufa can fully provide credit guarantee.
In the future, Pufa can issue acceptance bills to external parties, and monthly, quarterly or semi-annual settlements are negotiable.
This will inevitably greatly reduce the company's capital turnover pressure and provide additional financial support for the company.
If the enterprise has additional funding needs, in principle, it is not impossible to discuss..."
Zhang Baige was very satisfied with the other party's reaction, and took the opportunity to start with tax reductions, policy support and other aspects, which made Li Zehua very angry.
But he also knew that there was no free lunch in the world, and he understood that if you want to take something, you must give it first.
When trying to ask about the specific details of the cooperation, Zhang Baige was evasive.
The main reason is that the time is too short and there are no clear instructions from above. It has not yet been discussed clearly whether the group will take the shares or will focus on Hummingbird.
It's not easy to reach a consensus in just one night of emergency meeting.
In fact, there are objections within the group, with a lofty reason as the main reason.
There are a lot of express delivery companies in Qingpu, including the three major express delivery companies and one express delivery company. Even if you want to invest in them, shouldn’t you look for such mature logistics companies?
As for whether to eat it, it looks quite interesting.
There is nothing else to say, the main reason is that the investment amount is too expensive. How big is the business volume?
It’s been less than three months since its establishment, and they’re talking about $100 million all the time?
Magic Investment is not a private company. The chairman cannot decide how much to invest. The team members must form a resolution and vote by raising hands if possible without any obvious objections.
Only when an absolute majority agrees can a resolution be formed and reported. Otherwise, who will be responsible if problems arise in the future?
However, Zhang Baige's trip was not in vain. In addition to getting to know Li Zehua and establishing contact to find out the inside story, he also got some news from Temasek.
Qingyun also has an e-commerce company?
Before it even opened, it had already received US$4 million in financing from Temasek’s 1+ program?
Now I’m interested!
Don’t be afraid of the price, as long as it’s suitable, you can invest in it!
To put it bluntly, MoTou feels that Hummingbird is not high-end. Just looking at its name and business scope, it doesn't feel like an Internet company.
There is no sense of technology at all, it's not high-end and it's embarrassing to tell others about it.
They don’t know whether it will succeed or not, but it’s what their superiors require them to do. If it fails, they will just get a few words of criticism at most.
But if it succeeds, it will be fun!
As we all know, Shanghai has no Internet business card. Shengtai and Jiucheng are just one step away from being completely forgotten.
Now that I have eaten this hummingbird, how should I introduce it when I go out?
Pengcheng in the south is full of high-end Versailles, but we have Tenda, an Internet instant messaging company with hundreds of millions of users.
Whenever Yan Jing speaks, he speaks in Beijing dialect. He talks about Baidu search and Sohu portal every time he attends meetings. His ears are covered with calluses.
Even Qiantang can bring out Ali, the e-commerce giant, to show off.
Only the Magic City?
How to say?
Oh, we have a Hummingbird, which is also an Internet giant that recruits hundreds of thousands of riders and couriers and has business all over the country?
It looks weird no matter how you look at it, and it's a completely non-mainstream Internet company with a rustic feel.
The World Expo will be held next year. When the leaders come on stage, they will introduce it with their noses pinched. Is this a high-tech company that delivers meals to everyone?
Zhang Baige can't afford to lose face like that.
Now I heard that there is an e-commerce company called Pinxixi, with this name, invest in it!
Something is better than nothing!
Li Zehua couldn't figure out the situation inside, so he could only bite the bullet and repeat what he had just said.
“Do you have a business plan?
Is there a market research report?
Is there any data from small-scale pilot analysis? "
Zhang Baige slapped his thigh, he was so excited!
"That's it. Hurry up and bring the information over. I'll go back and have a meeting to study it."
We serve people all over the country in online shopping business, and our headquarters is still in Shanghai!
The most important thing is that the country has recently introduced a series of support policies, as well as a special financial subsidy of 13% of the retail price.
This is tailor-made for our great city!
It’s perfect. According to this expectation, if it is promoted all over the country, wouldn’t it be able to develop tens of millions of users in minutes?
When Zhang Baige thought that there would be an Alibaba in Shanghai, even the water he drank tasted sweet. It was so sweet.
Li Zehua was stunned, not understanding why he was so excited. "Director Zhang, this has not been completed yet. It may take a month to prepare."
"One month, how can that be in time?"
Zhang Baige stood up and paced back and forth, "When was the date for your signing ceremony?"
"July 12th, three days left."
Li Zehua was a little confused. "I received a notice saying that the Lijiapo delegation will be present at the signing ceremony, so this..."
"Three days!"
Zhang Baige pursed his lips and said, "Look, giving you two days won't be too difficult for you.
With your ability, you should be able to come up with an effective plan."
After thinking about it, I still feel it is not safe. This is like eating, hummingbird. How can you rely on your mouth alone if you don’t have any obvious achievements?
He was so anxious that he was scratching his head. He had to complete the task assigned by his superiors, but he had to do it in a way that was both credible and substantial. Time was short and the task was urgent. What should he do?
After listening to his request, Li Zehua finally understood where the problem lay. After all this time, it turned out that they looked down upon the errand running business.
No wonder you feel so conflicted but too embarrassed to speak out.
But he is not a god, and he cannot create a group buying market in two days.
After thinking about it for a while, his eyes suddenly lit up, "Leader, isn't MoTou a major shareholder of Pufa?
How about this? I will arrange people to prepare materials now, and start with a small-scale pilot in Jiangsu, Zhejiang and Shanghai. Only when we achieve results can we report to all parties.
Magic Investment, see if you can give a call to Pufa and provide some loans for our business development. It's not a free help. The loan can be converted into shares later. There is precedent. If the leader thinks it's appropriate, I would like to borrow 500 million US dollars for the preliminary preparation of the group purchase business. "
The more Li Zehua spoke, the clearer his mind became. "I hope the interest can be reduced as appropriate. If the business development is not as expected, it will be calculated as a loan.
If I can barely meet the leaders' requirements, then I'll use it as a reserve fund for shares. What do you think?"
Zhang Baige's eyes lit up and he smiled, "As expected of Director Li, you came up with such a sound plan in such a short time. Okay! Let's do this."
Let's not wait any longer. Time waits for no one. The leaders above are still waiting for Magic Investment to come up with a solution.
Today, I will call someone from Pufa Bank to come over and work on site. We must complete all the procedures today and arrange the loan by tomorrow morning at the latest. "
He couldn't help but be anxious. This kind of thing that would make him report his achievements and bring him honor, the sooner the better!
Only when you can get things done quickly and well, without any hidden dangers, will your superiors think you are capable.
The matter was resolved, Zhang Baige was in a good mood, and he threw compliments at me without asking for money. After the matter was settled, he asked casually, "How much can I get from the conversion of shares?"
Li Zehua explained, “The Temasek 4+1 contract actually invested US$5100 million, of which US$100 million was a personal reward to me and US$4000 million was used for direct equity investment.
The remaining 10 million will be awarded to the Pinxixi management team by Temasek according to the contract after signing a bet agreement and completing the corresponding tasks.
The nominal investment is 2.5 million shares, and the actual holding is 2 million shares. After the investment, the total shares of Pinxixi are 12.5 billion shares.
So, with US$500 million, Temasek and Tomorrow Capital jointly invested, accounting for 35% of the pre-investment amount, and Magic Investment accounted for 2.5%, or 2500 million shares.
After the investment, Pinxixi actually holds 13 billion shares.
According to the unified signed agreement, Magic Investment is also regarded as an investment shareholding and does not participate in actual operations. It is implemented in accordance with the rules for Internet overseas listed companies, and adopts Class AB and equal shares with different voting rights.
There is a guaranteed repurchase agreement, and the company's management has signed a commitment to complete the listing in any of the overseas markets of America, Hong Kong, or Lijiapo by the end of 2011."
It was said to be a reward for the management team, but in fact Li Zehua took at least 90% of it.
Because he does not have any capable person under him who can manage the Pinxixi group buying business.
Therefore, in addition to being the chairman of Qingyun Asset Management Group, he also serves as the chairman and general manager of Pinxixi E-Commerce Co., Ltd.
Go into battle in person.
When Zhang Baige heard the number of shares, he shook his head repeatedly.
When he heard about the guaranteed repurchase agreement again, he smiled.
After listening to the listing plan, I couldn't help but smile and asked questions one after another.
After all the doubts were answered, he waved his hand domineeringly and said, "I think Mr. Li's company has very good development prospects and fully meets all the standards of Shanghai to support high-tech companies!
500 million US dollars is not enough, at least 2000 million US dollars is needed. Besides, I am also very optimistic about Emei and Hummingbird.
Money is hard to come by when you need it, so why not round it up and get 30 to 50 million dollars first?"
He had a good plan. Thirty to fifty million US dollars, even if the interest was subsidized according to Shanghai's support policy, the interest would still be considerable in a year.
Not only do we complete the tasks assigned by above, but we also achieve the bank's performance and make money while not forgetting the follow-up operations of debt-to-equity conversion.
Killing three birds with one stone!
For Qingyun, the amount of money is not important. What is important is to get local support in Shanghai and policy support in the future. This is the most important thing!
Again.
Now is a period of financial crisis, and companies are generally short of funds. If outsiders knew about this, Li Zehua could get a low-interest loan of 30 to 50 million US dollars with just a nod of his head.
Your eyes will pop out. Even if you do nothing, you can still make a fortune just by reselling loans.
However, the asking price was too high, so Li Zehua responded with a smile, "Boss Zhang, you are too kind to me. With Qingyun's current assets and cash flow, we can't even hope for a loan of 30 to 50 million US dollars.
How about this, we can start with a project, including Pinxixi, Dizuome, and Hummingbird, with about 20 million US dollars as collateral.
Looking at the future development in this way, if everything goes well, it would be the best. If there is a need for funds again, with a leader like you, Mr. Zhang, who is knowledgeable about the business and understands the development of the enterprise, you can give us appropriate checks. "
Zhang Baige was very satisfied with his attitude. It made sense after all. It was a start-up company and it didn't have so many assets to mortgage.
It is not easy to get a pure credit loan for such a large amount. Although he can get it done with just one word, he is afraid of gossip from others.
After all, none of the companies under Qingyun are listed, so it is difficult to value the shares if they are converted into collateral.
Having said that, he was not vague and directly called Pufa Bank in front of him, arranging for the other party to come and verify it face to face, in an effort to simplify the process and release the loan immediately.
Just then, the assistant to the general manager of the administrative department pushed the door open and said, "Chairman, the Ali team is here and is waiting in the reception room."
Maybe it's because Ali is too famous.
Or maybe he had just finished a meeting and decided to kill Ahri.
Now that the real owner has come to the door, the assistant's tone is a little strange.
Li Zehua was stunned. He looked at Zhang Baige who had just finished his call and suddenly had an idea. "Please ask them to come in."
After the others left, I took the opportunity to complain, "Boss, we just decided to do e-commerce, and the news hasn't been leaked yet, but Ali smelled the scent and came here.
Maybe they are coming to call for punishment!
You are an authority in the industry. We in Qingyun have a small threshold and dare not face the edge of Ahri directly."
How could this be too much? One of the future Internet faces valued by the higher-ups had just been arranged for Pufa to lend money, and now the enemy came knocking on the door?
Do you really think that I, the great demon, have no one around and am easy to bully?
Zhang Baige waved his hand and said, "Let them in. I'll hold them back. Let's see if they can still cause any trouble."
It’s no wonder that my mother’s family is so close to me. It feels so good to have someone to protect me. These 20 million dollars are worth it!
Li Zehua smiled and reminded Yinhui of some things to pay attention to. Zhang Baige was in a good mood and agreed to all of them.
When Ahri's team came in, they were surprised to find there was another person inside.
Fortunately, they got wind of it in advance and knew that Li Zehua was not very old, otherwise they would have to admit their mistake.
"Hello, Mr. Li. I am Liao Fan, the vice president of the logistics department of the Ali Group. I came here to discuss cooperation with Fengniao Smart Logistics."
Look, big companies are awesome. As soon as they introduce themselves, they go straight to the point without even bothering with the polite words.
Zhang Baige didn't say anything or introduce himself, he just stood there. His special temperament made it impossible to ignore him.
Li Zehua smiled and shook hands with Liao Fan, and got to know his team before explaining to him,
"This is Mr. Zhang Baige, Chairman of the Modu International Investment Group, and also a shareholder of the Fengniao Group. He happened to come here today to inspect our work, and I was reporting to him.
But since we are discussing express delivery cooperation, Mr. Liao should not mind, right?"
Liao Fan was stunned. Chairman of Magic Investment?
If there is someone knowledgeable around you, introduce him to it immediately.
"What's going on? This is not included in the collected information."
Liao Fan couldn't help but frown, but he quickly reacted and quickly walked over to shake hands with Zhang Baige and say hello.
He smiled and said, "You are blind and don't recognize the great man. Mr. Zhang is very busy. We are sorry for disturbing him."
The momentum he had just brought when he entered the door dissipated in an instant. It turned out that the other party was of extraordinary status.
If it is a business competition, they are definitely not afraid, but the other party has a trump card!
After everyone sat down, Li Zehua never mentioned the cooperation and just chatted about random things.
He hasn't figured out yet whether the other party is only targeting the express delivery business, or has already figured out the situation and is also eyeing the Pinxixi group buying business.
Since he didn't say anything, Liao Fan could only bite the bullet and try to get the conversation to the point in a roundabout way.
Li Zehua just didn't respond. He calmed down first and regained his momentum.
Zhang Baige is here, so it would be a waste if you don’t use his talent.
You know what, the effect is very good.
Ali's team was not mentally prepared at all. They had been relying on Taotao's size advantage and had control over the lifeline of the express delivery company.
It can be said that Taotao alone occupies half of the express delivery industry. If it just stomps its feet, the entire industry will sneeze and catch a cold.
When they arrived, they held a meeting and concluded that the Hummingbird platform was very important and they must have control over it.
He also felt that Hummingbird was not in a position to bargain, so as soon as he arrived, he planned to offer a price and ask for 40% of the shares.
Even Liao Fan prepared celebratory wine in advance, just waiting for Hummingbird to sign, and then arranged with his colleagues in the evening to have a happy night in Shanghai.
Looking at it now, are you still happy?
Hi!
I'm so annoyed, waiting online, who can save me? !
To the leader: It’s actually very simple, number six, more updates will be added.
There will be three updates tomorrow, one at 0.01, 11 am, and 18 pm.
Normal updates should be resumed the day after tomorrow. The author has been working very hard. He went to bed at three in the morning and started writing at seven in the morning.
The last day for double monthly tickets, can you support the author?
Thank you
(End of this chapter)