"Are you selling dog-skin plasters? Once they're stuck, they can't be removed?"
Li Zehua looked at the two in front of him speechlessly, then turned to Liu Qiangdong who also came from Yanjing, and whispered: "This is also a troublesome matter. If it is not handled well, your side will also be affected."
Liu Qiangdong looked at Zhang Lei who looked calm and said with a smile: "You have money anyway, so even if Gao Ling withdraws his shares, you can still take over.
I forgot that I have money myself and can redeem most of it."
Before coming here, he had communicated with Zhang Lei and Xu Xin. No matter how the two sides argued, JD.com would remain neutral, because Qingyun held 14% of JD.com shares through stock swaps before Gaoling acquired the shares.
The portion exceeding 10% will be held on behalf of others according to the agreement, and will be rewarded as additional benefits to Liu Qiangdong and his management team who lead the company to achieve performance targets before listing.
Later, Gaoling led a $4 million investment in JD.com, of which Qingyun accounted for 25%, and acquired nearly 10% of JD.com's shares. Together with the original equity after dilution, the overall shareholding increased to around 20%.
He became the second largest shareholder after Liu Qiangdong himself. In addition, the two parties have cooperated in many areas, such as logistics industry, Internet finance, and investment in Shenzhou Electronics, and their relationship is as close as a family.
Among Qingyun’s five e-commerce customer service and after-sales bases, one is in Suqian. In this round of reduction in investor shares, Tomorrow Capital, Gaoling and MoTou are all within the adjustment range.
Only Temasek and JD.com's shares remained unchanged.
"Hey, hey, hey, please give me some face. We are so close that I can hear your whispers. Daqiangzi, when did I say I would withdraw my shares from JD.com?
My investment in Ali was rejected, and I missed out on Pinxixi’s investment. Now that I’ve lost JD.com, those investors behind me will tear me to pieces.”
Zhang Lei's forehead was full of black lines, and he couldn't help but complain: "You have been exposing yourself for the whole time, but you still don't release the eagle until you see the rabbit. Is it because I don't take the initiative to exchange the resources of the Yale Department?
Are you planning to kick Gaoling Capital out completely?"
"Why are you still talking about that now? We are all family."
Li Zehua has arranged for Zhou Shouyuan to negotiate with the head of the Yale School in the United States, and if everything goes well, it will help Qingyun (America) Life Service Company develop better in the United States.
Aren’t they just core data and information equipment, all held by American shareholders?
No problem. The company’s business is limited to the American branch that does business in major European and American countries. It’s useless for him to have its core data and information, so he might as well take the opportunity to sell it at a good price.
By winning over Apple, Google, Bank of America, Goldman Sachs, and the Yale system, there will be no problem in countering the forces behind Uber.
It is a pity that micropayments have no room to survive in the United States. Otherwise, relying on the core resources at its disposal, it could completely impact the existing payment system and build a financial empire exclusively for Qingyun from scratch.
Zhang Lei did not hide anything and explained everything clearly as soon as he arrived in Shanghai. Even if Tengda's shares were to be sold, they had to be arranged reasonably. He gave a specific timetable for liquidation.
In one year, Gao Ling will gradually sell off the shares in his hands. The reason why it takes so long is, on the one hand, to cash out at a relatively high price and fully protect the rights and interests of investors.
On the other hand, we also need to wait and see. If WeChat technology develops smoothly, coupled with the support of micropayments and the entire Qingyun industry ecosystem, its future prospects will definitely be better than Tenda.
With this premise, Li Zehua's expression immediately changed, and he kept talking about brothers, friends, and family members.
He even solemnly introduced himself again, "Look at President Zhu. At the end of the year, the company's board of directors will be re-elected, and he has been internally appointed as a director of Qingyun Investment and concurrently the president of Qingyun Internet Industry Fund.
Not to mention Brother Dong, he is a director of the new board of directors of Qingyun Smart Logistics Network Co., Ltd., and I am also a director of JD.com, so we are definitely family members.
Now Mr. Zhang has figured it out and wants to join the WeChat Technology Board. I have no objection at all.”
Liu Qiangdong couldn't help but interrupt, "Family, how can you do things like this? We agreed to borrow a group of people to join the Fengniao Group to help you prepare the transportation network in the city.
Hu Zhiyuan and hundreds of the best logistics talents almost emptied the talent pool of JD Logistics at the time to barely put together a good lineup for you.
Now that Hu Zhiyuan has become the vice chairman and president of Hummingbird Group, can he go back?
Why do I feel that whatever is in your hand, whether it is yours or not, will eventually become yours?"
"What's yours and mine? We are all brothers. We share the good times and the bad times."
Li Zehua smiled and said, "Don't say I'm not righteous. If you don't go out and ask around, there's no one more reliable than me. For example, regarding the Qingyun Investment, these two can serve as witnesses.
Looking at all the investors, how many can invest 2000 million US dollars? You are the only one. Don't forget, Brother Dong, more than half of your million was lent to you by me.
Now, I asked you to share the money, and you blame me."
Zhang Lei was so envious that his eyes turned red. 14 times, 14 times. God knows why he didn't invest more in the first place. His share was only 200 million US dollars, but now it is almost becoming million.
God knows how many people said sourly during the investor meeting that if Qingyun Investment had the opportunity to increase its investment share next time, they would invest money with their eyes closed.
It even affects everyone's final decision: should they keep Tengda shares or choose Qingyun shares?
In view of the most direct investment returns, many people changed their stance and chose Qingyun. After all, a company that never lacks development funds is destined to have a ceiling that is not too low.
Liu Qiangdong smiled when he heard this. With a book value of nearly 3 million US dollars falling on his head, no one could bear it. Before, Xu Xin even tried to pull him out to put pressure on Li Zehua.
Was flatly rejected.
"That's enough. I'm going to laugh until my teeth fall out. This time we're all gathered together mainly because the group has some disagreements on the future development plan. In short, the first round of financing does not match the efforts.
I said the same thing in front of Mr. Zhang. You are not doing things in a fair way and have hurt the hearts of the group's management. From now on, I have decided not to do any large external financing before the listing.
But don’t worry, I won’t push most people to the opposite side. Even if you can’t get shares in the company’s core business, you can still buy shares through Qingyun Investment’s fund and make money together.
Then, through the loans and financing of Qingyun Investment, he held shares of various Qingyun companies in disguise. Don’t say I didn’t give him a chance. Anyway, if you want to get rich, just buy investment company funds.”
Li Zehua thought about this logic for a long time before finally finalizing it. He had money, but money alone was useless because it could not be transformed into control and allocation of resources.
But if it comes to pure financing, if he gets too much, he will suffer a loss; if he gets too little, he will be like investment companies like Gaoling, Mingri, and MoTou, which work without putting in any effort and are only obsessed with getting more, and are unreliable at critical moments.
If you want to clear them out, there will be a lot of complaints, and maybe even a lot of potential enemies will be created.
It would be better to change the thinking and set up several funds under Qingyun Investment, hold shares of Qingyun-affiliated companies in the name of the funds, and then learn from the templates of wealth management funds such as BlackRock.
Divide the investment shares of the fund and allow whoever you want to win over to invest real money. This has many benefits.
Because the management rights of Qingyun Investment are in its own hands, the investors who purchase shares are indirect shareholders and cannot directly interfere in the company's specific business.
In order to protect their own interests, they have to pave the way for the business development of Qingyun Group. For those who do not put in any effort, they should agree on the contract terms in advance so that they can be cleared out at any time.
It is also convenient for investors. They no longer need to sell stocks, there is no lock-up period, and they do not need to wait for the company to go public. They can cash out directly by selling or mortgaging fund shares.
"For example, for this investment in WeChat Technology, I plan to set up a Qingyun WeChat Technology Fund under Qingyun Investment and sell shares according to the corresponding value of each share."
Li Zehua continued: “For example, someone in Guangdong Province who buys 5% of the shares will buy 500 shares of the fund with a par value of US$200 million and calculate the profit based on the actual return.
In return, the purchase of an additional 5 shares of Qingyun US Stock C is allowed. This newly established fund mainly invests in newly listed high-tech companies, such as Tesla.
The company’s current market value is about $20 billion, and $1000 million is 0.5% of the shares. More shares of other high-tech companies will be added later.”
The reason why he has put so much effort into this is to strive to build Qingyun into the BlackRock of the East, by binding with bigwigs who have access to resources and using their money to continuously buy high-quality assets around the world. He will invest in listed companies, recruit top talents from around the world, and establish an exclusive network of relationships, which will then feed back to Qingyun Group itself and provide support for the group's expansion.
To put it bluntly, Li Zehua was somewhat worried about his future in the country, so he followed the example of Duan Lao Da and Liu Aiguo and realized that forming industrial alliances could easily violate taboos and leave a bad impression of forming cliques among the superiors.
But through the foundation model, it is not so sensitive. The most important thing is that everyone can hold the value of stocks through the fund and feel the joy of appreciation at any time, making them more and more dependent on it.
Another thing is that after the risks are shared, it will be unlikely for competitors to suppress a certain company and discourage the investors behind it.
For example, after an industrial fund is successful, the same investment target may hold stocks of several or even dozens of different companies. It is normal to have losses and gains. As long as the overall profit is made, no one will get off the bus.
Taking Tesla shares as an example, Qingyun owns Power Technology and BYD Electronics, and together with the technical patents held by Tesla, the three almost cover the mainstream market in the world.
With the people and money, a vast sales market, cheap labor support, and a complete industrial chain to undertake project implementation, it is difficult not to succeed.
Even if Tesla cannot reach its historical peak, its market value of hundreds of billions of dollars is a foregone conclusion. With a hundredfold return in ten years, who wouldn’t be tempted?
The funds under Qingyun Investment can completely attract/clean up investors by internally adjusting the fund shares and prices every year to ensure that every share holder is a supporter.
In the long run, this not only avoids paying the group's shares and attracting a group of ungrateful people, but also allows the company to establish a broader influence while offending as few people as possible.
There is no need to mention the other benefits, as everyone can see them. For example, with venture capital financing, you would feel embarrassed to ask others for profit commissions, right?
But the fund can, with a fixed 2% management fee every year, plus profit sharing, to maximize the interests of the group or himself.
Even if he doesn't want a penny of these stock shares in the end, at least one third of the money earned can go into his pocket.
Liu Qiangdong thought about it and did not refuse because he was one of the biggest beneficiaries and JD.com’s business was not enough to support him to obtain shares in WeChat Technology.
Now that we have a fund, we can get the benefits of the future development of WeChat Technology in disguise. I am happy even in my dreams.
Zhu Xiaolong did not object. When he invested before, he invested a small amount of 100 million US dollars to test the waters. Now he regrets it very much. Just kidding, it has increased 14 times in half a year and he is still making money.
If he is given a chance to choose again, he will only say three words: I'm in!
After thinking seriously for a moment, Zhang Lei had to admit that he was amazing, "It seems that you have already discussed it with those people from Tongda Group, and I guess you haven't even let go of the manufacturing companies.
What a good plan! Even if you only give out half of WeChat Technology, no, even if you only give out one-third of the shares, you can attract hundreds of large-scale enterprises and give it to whoever you want in the future.
Holding shares through the fund and changing them every year will not affect the ultimate beneficiary of the equity. Whoever does not contribute will be cleared according to the actual appreciation. In the long run, everyone will be tied to the foundation.
For the sake of profit, everyone will contribute their own strength. I can guarantee that as long as you reveal this news in the gathering circle in a few days, everyone will support you crazily.
Because you have lowered the entry threshold of the circle, which is equivalent to cutting off the middlemen, allowing me, Mr. Zhu, and certain big forces to abandon them and face individual investors directly.
In the past, even if you held shares in a company, there was at least a layer of separation in between. If investors wanted to cash out or mortgage directly, they had to look up to venture capitalists or big forces. Now you can step forward and connect directly.
If all the resources are concentrated on you, you won't even have the prospect of success.
However, the ownership of these shares belongs to the investment fund. The management rights and ownership are still in your name and no one can take them away unless there is a large-scale bank run or a global crisis.
In another hundred years, Qingyun will still have to keep the surname Li, but I don’t know if the big powers will agree.”
When Gao Ling used Qingyun to integrate the express delivery resources of the Tongda Group, he took the opportunity to acquire a portion of the shares. He had a good relationship with the bosses of the Tongda Group, but when it came to cutting ties with Qingyun, the bosses turned hostile.
It can be seen that Qingyun Investment has played an important role in the past, and in the future, it will play a stabilizing role. If you want to win over others to oppose Qingyun, you may have to ask yourself this question first.
Do you hold shares in Qingyun Investment?
Oh, it’s the investor? There’s no need to explain, because no one will agree even if you tell them. Who would go against their own wallet?
"It doesn't matter whether my last name is Li or not. I just want to make sure that while I am alive, I can do something practical according to my heart and change the world according to my ideas."
Li Zehua spread his hands and said, "This is how the world is. Whoever has the bigger fist has the final say. I don't want to be a mere puppet, but I also want to live according to my own will.
We can only find another way, which neither allows you to directly control the management rights nor affects your sharing of benefits. So we set up such a foundation and let us all get rich together. Isn’t it good?
As for those big forces who are too cautious to act and are busy deciding who wins, they don’t have time to bother with me right now. When they have time, the fund will be big enough and they won’t have to worry about some individuals harboring malicious intent.”
"Before, when others said you were brave, I didn't believe it. Now I am convinced and I admit defeat."
Zhang Lei couldn't help but give a thumbs up, "You are a madman and troublemaker born for this stage, but now there is no one to stop you."
I could only sigh in my heart and wonder what kind of monster I had provoked. We almost had a falling out. Many investors who made profits and losses also got shares of Qingyun Investment and compromised in the face of huge short-term profits.
Otherwise, if they really fall out, after the Qingyun plan is fully implemented and gains widespread support, everyone will pool their strength to promote the development of Qingyun. In a few years, when they have money, power and resources, won't they hang Gao Ling up and beat him?
"It's a pity that JD.com now has too many shareholders and is too deeply involved. It's unrealistic to learn from you and hold shares in a fund."
Liu Qiangdong was just talking. After all, he didn't have the ability to make money from the financial market, and it was unrealistic to use funds to isolate investors from direct interference.
In the final analysis, it is an innovation in the way resources are exchanged. Most companies do not have enough benefits to buy off more investors, so they are forced to compromise and give up controlling stakes in the company.
In exchange for broad support.
As for Qingyun, or simply Li Zehua himself, he has the advantage of living a second life, and the future trend of a specific company may deviate.
But the rise and fall of an entire industry is an inevitable trend.
For example, the real estate industry is destined to develop rapidly in the next 10-15 years. Li Zehua doesn’t even need to make too much preparation, he just needs to enter the market with money.
If you buy the entire building or the entire community as a package, you will not lose money whether you rent it out in the future or cash out at a high price.
Now that investors from all walks of life have come in with money, he can complete real estate accumulation at a faster pace. In the past, he had to borrow money from banks and financial institutions.
Now we use future income, take low risk and no interest, and bring our own resources. For example, if a bank learns that there is a piece of land with an excellent geographical environment in a certain place, it will find a way to get it for Qingyun.
Then everyone will work together to develop the project. With Qingyun as the backer, you can make a profit without any loss. In other words, you can use the bank's resources for your own benefit. What can other competitors use to compete?
Did Li Zehua lose money?
No, there were too many memories in his mind, and it was impossible for him to realize all of them in the best way, because if he took one more bite, he would attract malicious prying eyes.
If he accumulates too many enemies, they will form a group to attack him.
Now we can gather a large group of people and make money together without affecting core interests. The more money we make, the more supporters we will have, and the corresponding alliance relationship will also deepen.
At this time, the other groups with their own ulterior motives became the minority, and they were bound to suffer losses if they fought against the Qingyun faction that joined forces to start the war.
Li Zehua can also adjust competitive decisions by adapting to local conditions, time and people, such as attracting core key investors from competitors.
What you give is nothing but wealth that is destined to increase in value.
As for attracting those resources that cannot be seen in the light, it is even easier. Just learn about bearer fund bonds. You can redeem them by presenting the tickets. It doesn’t matter who is behind it, as long as the invested money is real!
(End of this chapter)