With the purchase of patent licenses from Nokia, a breakthrough was made, and preparations for the establishment of Maili Technology were also put on the agenda.

Zhang Shuo immediately summoned Jiang Yue and Wu Sheyuan to meet.

Although Feixun has been tested internally in Sprout and most of the work has been gradually transferred to online processing, Zhang Shuo still likes to communicate face-to-face with senior executives when encountering difficult matters.

"If Maili Technology is placed in the Germination Building, can the office area be accommodated?" Zhang Shuo asked Jiang Yue.

Jiang Yue thought for a moment and said: "34F, where Qingyun data is located, will be vacated next month."

"34F won't work, it must be left to the technical center." Zhang Shuo shook his head.

The current office area of ​​Sprout Holdings only has two floors, 35F and 36F. 35F is used to house the major functional departments of Sprout Holdings, and 36F is the office area for the senior executives of Sprout Holdings.

The Fertile Land Research Institute and Technology Center are now co-located with functional departments on 35F.

Put it aside.

The Fertile Soil Research Institute and Technology Center are basically empty shelves, nothing much.

It cannot be specified now.

When 34F Teng exits, it must give priority to meeting the office needs of the holding company, and cannot tear the holding company into pieces.

"Then only the 33F allocated to Qingcheng Technology is left." Jiang Yue also had a headache.

It was originally said that the office space in Germination was very sufficient, but less than half a year later, we were faced with the problem of tight office space again.

After Qingcheng Technology was separated from Qingcheng Retail, it obtained a total of three floors of office areas, 31F, 32F, and 33F. Since the main expansion is the branches in various places, only 31F is currently used at the headquarters.

32F will not be activated until new employees are reported in early July.

"Then allocate 33F to Maili Technology as the R&D and design headquarters of Maili Technology. In addition, find a way to acquire a piece of commercial land in Houhai for the preparation of the Maili Technology headquarters building."

Zhang Shuo is still as cool as ever.

Considering the expected development of Maili Technology, a single-story office building can only be a temporary location.

It is necessary to build a headquarters building.

"I can buy land, but where will the money come from?" Jiang Yue asked her soul question.

She knew that just to purchase a patent license would cost tens of billions of dollars, which would not only drain the cash flow of the sprout, but also burden the sprout with more debts.

The asset-liability ratio is already in jeopardy.

Under such circumstances, it is really not a good time to buy land and build a building.

"Funds..."

Zhang Shuo was also a little stuck and subconsciously glanced at his personal panel.

--slightly--

[Level]: Level 8 (870,000/1.5 million)

[Support Fund]: 5 million/day

【Cash】: 1.95 billion

[Loan]: 2.8 billion (bank loan) 200 million (corporate bond)

--slightly--

Compared with last month, the increased funds in Sprout's account are mainly the 320 million profit handed over by Jade Bird Interactive Entertainment in April, and the 450 million overseas agency fee for "Brain Master", "Snake" and "I'm Kung Fu Special".

Then there is the increase of 150 million in support funds.

The main expenditures are the progress payment of 50 million for the Germination Building and the daily operating expenses of Germination Holdings.

Cash flow looks pretty good.

But Qingniao Interactive Entertainment’s May profits have been locked in advance and will all be used to invest in EPIC. The expected profit is the US$200 million that Qinghe Technology made from selling wichat.

Taken together, Sprout has more than 3 billion cash at its disposal.

This is unprecedented!

But in addition to spending tens of billions on patent licenses, Sprout also wants to acquire Hengteng Electronics.

Funds were suddenly stretched thin.

According to the latest report from Care Mingzhang, although the Thieves Group provided financial guarantee, the payment terms proposed by Nokia require at least 30% of the down payment.

That's an expenditure of 3 billion.

Considering that there must be at least 100 million in working capital in the sprout account to prepare for emergencies, let alone buying land and building buildings, even the funds for the acquisition of Hengteng Electronics are unknown.

That's it.

They also need wichat's investment cooperation to be implemented as soon as possible and the funds to be transferred to the bud account as soon as possible.

It's simply an extreme operation.

"In this way, isn't the Qingyun Data Center about to be completed? The entire data center, including all the equipment inside, will be packaged and mortgaged to the bank as fixed assets to try to get another three to five billion loans." Zhang Shuo said.

What was previously mortgaged to the bank was only the land for the data center.

The mortgage now is on the building equipment. With the construction cost of Qingyun Data Center being 1 billion, it is very easy to borrow 350 million, and it is not very greedy.

"All right!"

Jiang Yue was helpless. This time, Mei Ya really mortgaged everything he could.

"In addition, if you visit the Binhai Youth Entrepreneurship Fund again, you should have a little surprise." Three to five billion can only be used as an emergency, but it cannot completely alleviate the budding financial shortage.

no way.

Zhang Shuo could only play the second uncle card.

In any case, as a star entrepreneurial enterprise in Binhai City, Moya can already enjoy some preferential policies, so there is no reason to abandon them.

"clear!"

Jiang Yue was also a smart person, and he wisely did not ask where the surprise came from.

"Then it's settled, you still have to buy the land."

Zhang Shuo also did not expect that one day he would be forced to borrow crazy money to develop. If it had not just issued corporate bonds, he would have even wanted to issue another corporate bond.

And Jiaoyang Holdings.

The previous positioning was to obtain overseas financing for Sprout, but the recent so-called overseas financings were all at the expense of Jade Bird Interactive Entertainment’s game agency rights.

It did not bring real positive cash flow to Sprout Holdings.

When the wichat matter was settled, Zhang Shuo also felt that it was necessary to have a good talk with Lu Kai and not let the massive overseas funds go unused.

Isn't it a waste?

Moreover, through wichat, Sprout has eased its relationship with the Thieves Group, and the overseas financing environment will definitely become better.

This chapter is not over yet, please click on the next page to continue reading! Zhang Shuo will not be willing to raise more than ten to two billion.

"Continuing to talk about Maili Technology, in addition to the office area, there are also personnel arrangements. My suggestion is that functional departments such as human resources, finance, auditing, legal affairs, and offices should all be drawn from various subsidiaries or holding companies as much as possible.

", focusing on streamlining. As for the R&D, design, operation and other departments, we will wait until Gu Mingzhang returns to Binhai City to take charge, and the holding company will cooperate." Zhang Shuo set the personnel tone.

Do this.

This means that Sprout Holdings is directly involved in the establishment and operation of the functional departments of Maili Technology. As the general manager of Maili Technology, Gu Mingzhang is only in charge of R&D and operations.

This is also a common practice among large groups and companies.

otherwise.

How can a holding company control its subsidiaries?

As for why it was an internal transfer.

In addition to the high cost of external recruitment, it is also necessary to provide more promotion channels for budding old employees. It is not easy to establish a first-level subsidiary. Of course, internal employees must be prioritized first.

Of course.

This is also because Sprout has established a relatively complete internal assessment, promotion, and evaluation system, which does not lead to promotion for the sake of promotion, resulting in people with insufficient ability being placed in management positions.

It would be better to attract more outstanding talents from outside.

Today, due to its generous salary system and welfare benefits, as well as its huge potential for growth, Germination's attraction to talents is almost as attractive as that of major companies such as Tenda and Ali.

Don’t worry about not being able to recruit people.

"Don't worry, I will take care of it."

For Wu Sheyuan, doing this kind of thing is not just about holding things in hand.

…………

Just when Mingya was busy preparing to build Maili Technology, the group buying industry was once again in turmoil.

The protagonist this time is Tenda.

On May 19, Tenda announced that it had reached a strategic cooperation with Dacong Dianping, a veteran review website, and obtained 20% of Dacong Dianping’s shares, but did not disclose the financing amount.

This cooperation is nearly three years ahead of schedule.
To be continued...