redvbooks Chapter 216 Business
Chapter 216 Business
Chapter 216 Business
On Saturday evening, the high-speed train arrived at Beijing South Railway Station, and the week-long Huangshan tour came to an end.
Jing Gao took Weiwei and her party to the gate of Beijing Normal University by car.At this time, the school gate was a little quiet during the summer vacation.
"Huh..." Long-legged teacher Li Na stretched her waist, showing a beautiful curve, looking at the campus in the sunset, "Finally back."
Tan Yingying smiled and said: "Hey, pay attention to the impact." She also has big and small bags in her hands.
Jing Gao registered at the school gate and helped Weiwei deliver her luggage downstairs to the dormitory.In the shade of the trees, someone in the bicycle shed gently stroked her beautiful hair on her forehead, and said softly, "Weiwei, goodbye. I will pick you up the morning after tomorrow." Weiwei plans to go back to her hometown on Monday to stay for a few days.Jiaxin High School will start school and make up classes in early August.
Li Mengwei hugged Jing Gao lightly, buried her head in his embrace for a few seconds, then waved and said, "Goodbye!" Carrying a backpack and dragging the suitcase, she walked up the steps and turned back to wave to Jing Gao who was watching her off .
A feeling of reluctance suddenly rose in my heart.
The few girls who entered and exited the dormitory building had long seen expressions on their faces.Is this still the cold goddess in our school?
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...
Jobs' weekly working hours are not divided into midweek and weekends.On Sunday morning, he came to LeTV Building early in the morning.
Unlike JD.com, which has an executive breakfast + morning meeting at [-] o'clock in the morning, Jobs starts working as soon as he arrives at the company.In the office, Liang Jun, who is in charge of LeTV TV and mobile phones, Liu Hong, CEO of LeTV, and He Yi, chairman of Yidao, are already waiting.
"Boss Jia."
"Boss Jia."
The three stood up one after another, welcoming the arrival of the king of LeTV Empire. The first half of 2016 was a highlight for LeEco. The value of the A-share market once reached 1800 billion yuan.However, the Prophet of Spring River Plumbing Duck, as the executives of LeTV, they have already noticed that there seems to be something wrong with LeTV's empire.
The top management of LeTV has reached a consensus: LeTV must now step on the brakes and stop.LeTV's ecological layout has been completed, and the rapid expansion must end.
Mr. Jia has communicated with them and is planning to hold a strategic review meeting for the first half of the year in August.All staff above the director level are required to participate.Prepare to unify this matter in the minds of all employees, and make reflections, and will be rectified soon.
Jobs made a gesture of pressing down, "Sit down, sit down." Walking to the desk, he took a sip of the warm tea that his assistant had brewed earlier, "Old Liang, the supplier on the phone is asking for payment? "
Liang Jun was originally an executive of Lenovo Group, responsible for the development of Lenovo mobile phones, and joined LeTV in 2012.Pushing his glasses, "Old Jia, yes. LeEco Zhixin has suffered serious losses. New funds need to come in. And, we must stop expanding."
Jobs did not answer, but asked Yidao Chairman He Yi with a jump in his mind, "Old He, what is Yidao's valuation?"
He Yi is the former vice president of LeTV Holdings and the CEO of the Internet of Vehicles company. He just joined Yidao in late June. He said optimistically: "Old Jia, Yidao is a very high-quality asset, and the overall valuation is at least 13 billion US dollars. .”
Jobs thought for a while, put down the cup, and said, "I'll solve the funding problem. Last Friday, I met with a well-funded investor. However, he wanted to acquire all the shares of Yidao.
Zeng Qiang from Xingen Capital told me that he called me two days ago.I made an appointment to talk again today.He intends to contact uber.I came to you just to discuss: Can the mobile phone business be sold?How about selling all the shares of Yidao to him? "
It is not a secret in Beijing that Jiuge Capital spent more than 100 billion Hong Kong dollars to acquire the shares of Canglong Group.Xi Siyan knew it all.Zeng Qiang naturally knew it too.
Jobs' understanding is: Jinggao has strong financial strength and is capable of solving LeEco's financial difficulties.LeEco should seize the time window before the crisis to negotiate and maximize investment.
Liang Jun thought for a while, and said, "What can't be sold if the price is right?" LeEco's mobile phone performance in the first half of this year was very impressive. In April alone, it sold 4 million units, with a market share of 162%.
There is only one reason why it can grow against the trend and achieve such excellent results. LeTV Mobile is losing money and making money.The funding gap for LeTV mobile phones is very large.
LeEco mobile phones are manufactured by Heshuo over there.Mobile phone manufacturing is not about giving money when the goods arrive.It has a capital chain control.The better LeEco sells mobile phones, the more it loses.The greater the pressure on the actual capital chain.
To give a simple example, when LeEco places an order of 500 million units, it will not pay the full amount to Pegatron at first, and the final payment will be made when the batch is delivered.And LeTV's dealers sell mobile phones from LeTV, and they don't pay the full price.
There is a time difference in this, which is to occupy LeTV's own funds.The larger the order, the more it takes.Therefore, many manufacturing companies kill themselves while doing it.The reason is that the capital chain is broken.
He Yidao: "I don't recommend selling Yidao." You can see how popular the concept of shared travel is now.He took office only two weeks ago, and he is in command.Why would you recommend selling it?
While chatting, the assistant opened the door and came in, "Mr. Jia, Mr. Jing from the Phoenix Fund is here."
"Okay. You take him to the conference room to sit for a while. I'll be there right away." Jobs ordered his assistant, stopped the discussion with the executives, and said to Liu Hong, "Old Liu, you can accompany me to negotiate."
As the CEO of LeTV, Liu Hong is a confidant who has followed Jobs for many years, and said happily, "Okay."
He can understand Lao Jia's current pressure.Just throw in 20 billion yuan to build a car!Now every sub-ecology needs money.Even LeTV Sports, which only raised 4 billion yuan in April, is showing signs of decline.The reason, of course, is that the funds were secretly transferred to other fields.
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...
Jing Gao took Qiao Shuang and Guan Yujia to chat in a bright conference room.
The information that Xingen Capital once disclosed was that Jobs intends to sell an asset to him or provide him with a new easy-to-sell plan, so we can talk about it again.
Jobs was still dressed in a black T-shirt and jeans. He walked over and held out his hand, "Boss Jing, I'm sorry to keep you waiting. I was in a meeting just now."
Jing Gao stood up and shook hands with Jabs, and said with a smile, "I just arrived too."
Jobs introduced Liu Hong sideways, walked to the other side of the conference table and took a seat, exchanged some pleasantries, and said, "Mr. Jing, we didn't reach an agreement last time. Do you think this will work? Letv sell 40% of the shares to you. .But the Phoenix Fund needs to grant voting rights to LeEco for a period of five years. The price is negotiable.”
Jing Gao didn't even think about it, and directly rejected the plan, "Mr. Jia, I hope it is a holding company and operates by myself. I can't accept this plan."
Jobs frowned, and he wrote a note to communicate with Liu Hong.Liu Hongdao: "Mr. Jing, have you considered acquiring LeTV Sports? We own the copyrights of the Premier League, NBA and other events. In April this year, LeTV Sports raised its B round of financing with a valuation of 4 billion."
Qiao Shuang took a deep breath.The real acquisition of LeTV Sports may cause a sensation immediately.And as the president of Phoenix Fund, she will become the darling of the media.The press conference two days ago had greatly stimulated her.None of the authoritative media came.
Jing Gao shook his head, "I'm not interested in Internet business at the moment." What he wants is industry!One is high-tech and the other is labor-intensive industries, both of which can expand his influence.What is the use of buying LeTV Sports?
Jobs made up his mind, "Boss Jing, I'll take out the LeTV mobile phone list and sell it to you. But you need to sign a ten-year exclusive cooperation agreement."
(End of this chapter)