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Back To 2005 - Chapter 982

Published at 19th of January 2023 05:25:35 AM


Chapter 982: Rich second-generation entrepreneurs who are not short of money are more headstrong

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  Chapter 982 The rich second generation who are not short of money are more headstrong in starting a business

   "Mr. Cen, do you have any information about the Quan Pin Hui?"

  After the BOSS finished speaking, Qi Liang asked about the situation of the main opponent.

   Only by knowing yourself and the enemy can you be victorious in every battle.

"Page 13 of the document in your hands is part of the information of Quanpinhui. According to the investigation, there are four main shareholders of Quanpinhui. , the young owner of the Ning Group... At present, Quanpinhui has 287 brands that have signed contracts, which is slightly behind us, and the after-sales logistics is not good. There is no small advantage."

   Hearing CEO Qi's question, Cen Sui, who already had information in his mind, answered, and briefly stated the advantages and disadvantages of both parties.

  With the support of Celebrity Group and JD Mall, as well as the relationship with the big boss, the development of Famous Place invested by the company is not small.

  In addition, in terms of after-sales service, with the support of the complete logistics system of JD Mall, the customer praise rate is much higher than that of Quanpinhui, which is put on the shelves in a hurry.

  However, these advantages will gradually become closer as both parties increase their investment.

   In terms of websites, especially the ranks of sale websites that are not new, there is really no problem that money cannot solve.

   "How much money do they currently have, can you know?"

   "No less than 300 million."

  When he heard about the shareholders of Quanpinhui, Zhou Anan, who was sitting in the main seat, couldn't help raising his eyebrows.

  If you want to invest, why don’t you ask? He invested in Blue Whale Entertainment’s "The Martian" before. He was also a crazy suitor of Miss Wang. He also warmly received them when they were traveling in the South China Sea. The two can be regarded as half friends;

  Flowing Years Entertainment, it is the entertainment company that is very good at hype. It unilaterally regards their Blue Whale and the number one Huang's Films as their opponents, absorbing private investment in disguise, and it is more like an investment institution.

   They are all old acquaintances, only the Ning Group has never heard of it.

   "Mr. Cen, is it possible to acquire Quanpinhui?"

  After briefly reading the information in hand, the group CFO An Jie asked the most direct solution.

  By acquiring Quanpinhui, then Mingpinhui will completely occupy more than half of the sale websites, without fear of any new rivals appearing later.

   "Just yesterday, Mingpinhui received an invitation to acquire Quanpinhui, and the other party offered a price of 300 million yuan."

  Regarding the best plan, Cen Sui spoke out about the acquisition offer issued by his opponent in advance, which indirectly explained the impracticality of the plan.

  When Quanpin was catching up with each other, they thought about buying the other party, but the other party was not short of money at all.

  Although Quanpin has four shareholders, the real master is the second young master of the Jing family. It can be said that the other party is backed by the Jing Group with a market value of tens of billions.

  Even if there is no financing, it is not short of money.

  “.”

  Hearing General Manager Cen's answer, everyone present couldn't help but look at each other, secretly lamenting the waywardness of the rich second generation's entrepreneurship.

  The courage to acquire the No. 1 in the industry with the No. 2 in the industry is not uncommon in the past, but now that the Internet industry is becoming more and more mature, it has rarely appeared.

  Just like in the social field of Wechat, the old wave Wechat, which is backed by a large group, never thought of buying their celebrity Wechat, which is obviously impossible.

   "Then we can only continue to burn money. Our advantage is so obvious, it makes no sense to be afraid of the other party."

  As the technical director, Pan Shaofu knew that this special sale website did not have much technical content, and only by burning money could the winner be determined.

   And their celebrity group has sufficient cash flow, and the group's market value has exceeded tens of billions. It makes no sense to be afraid of the so-called Jing Group.

"I support Mr. Pan's opinion. Since we can't acquire the other party, we should increase our investment, firmly establish our advantages, and let the other party follow behind. When the opponent can't persist, or the market share is stable, the website will naturally be able to Entering a healthy development stage."

   Regarding this, Qi Liang, who had guessed the big boss's mind, also agreed with Pan Shaofu's suggestion.

   In terms of investing funds to increase market share, their celebrity group has also been considered the best in the past two years.

  Look at the present, the group has entered a stage of healthy development, except for the celebrity micro-officials, the rest of the subsidiaries do not need to find additional capital investment.

   "Mr. Cen, I wonder how much money Feng Wu still has for investment?"

  Different from the straightforward response of the two high-level executives, An Jie, who was born in finance, first cared about the financial status of Fengwu Investment.

  If you want to burn money, you have to have something to burn.

   "At present, the company still has 160 million funds left in its accounts."

   As the general manager, Cen Sui is naturally very clear about the money in the company's account, so he quickly answered the group's CFO's question.

  Based solely on this reserve fund, if there is no support from the group, if you want to let Mingpinhui and its opponents burn down for a long time, you must introduce third-party capital.

   "Here"

At this time, Cen Sui's cell phone vibrated, and she glanced at it for a while, and couldn't help but get serious, and said to everyone present: "Mr. Zhou, everyone, just now Famous Fair received another acquisition invitation from Quanpinhui. , the other party’s offer reached 500 million.”

  “.”

  Hearing this attractive price, it is easy for everyone to guess the capital behind the opponent's tenaciousness. Qi Liang and others who were determined to continue burning money couldn't help but twitch their brows.

  Based on the initial investment, the purchase price is already 5 times the income, and cashing out is also an extremely successful investment case in the industry.

  If it continues to burn, no one knows what the future holds.

  After all, the Internet industry is ever-changing, and there are not a few martyrs who burned hundreds of millions of funds before and still fell down.

   It is a difficult choice to leave the market with five times the profit, or to continue to burn endlessly.

   "Mr. An, how much of the group's surplus funds can be mobilized?"

  Just as the atmosphere in the conference room became a little silent, Zhou Anan stopped tapping his fingers on the table and asked about the chief financial officer.

"The group still has 230 million yuan in funds, and Longteng Games can also draw out 350 million yuan in liquidity. At present, there are a total of 580 million yuan in liquidity. If the income in the second half of the year is added, Longteng Games should be able to return by the end of the year. There are 300 million funds available for use.”

  As the chief steward in charge of the group's finances, An Jie quickly gave a statistic.

  As for Celebrity Wechat after the second round of financing, its account is independent, and even if there are nearly 500 million US dollars in liquidity on it, the group cannot use it at will.

   "That's right. Recently, the company's income from several games has been relatively stable. If we increase revenue and reduce expenditure, we can strive to allocate 400 million yuan in the second half of the year to support the development of Fengwu Investment."

  After the CFO of the group finished speaking, Yan Jianlai, the general manager of Longteng Games who was present at the meeting, expressed his determination.

  Before he didn't know why he wanted to attend this meeting, but now he understands the importance of his company, and of course he wants to make the best impression on the big boss.

"Longteng's own funds must be sufficient. Don't rest on the laurels. Increase the intensity of research and development and updates. This is the most important thing. You don't need to consider too many other factors. That is to say, you can use 5.8 at present. 100 million, plus the original 160 million of Feng Wu's investment, that is 740 million. Not too much, not too much."

  Hearing about this huge sum of money that ordinary people might think, Zhou Anan rejected General Manager Yan's plan to cut costs, and then couldn't help frowning.

   Now that he has a surplus of funds, he doesn't care how much dividends he gets at the end of the year, but he doesn't want to throw all the group's reserve funds into it because of a Famous Exchange project.

  At the speed of burning 58 million funds in half a month before, that 740 million is enough to burn for a year.

   What's more, with the increase of follow-up cooperative brands, no one knows whether the speed of burning money will accelerate.

   Another important point is that their celebrity group can afford it, and the other major shareholder, JD Mall, may not have so much surplus funds to play with.

   It should be said that JD Mall definitely does not have so much working capital to invest in the development of Famous Products. After all, JD now relies on external funds to complete the perfect layout of the brand and logistics system, which requires a large amount of capital investment.

  These are all factors that need to be considered, and they are all listed in the document that General Manager Cen distributed to everyone.

  The situation seems a bit bad.

  (end of this chapter)




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