Tuesday, February 23rd.

The day after the Lantern Festival, Pingguo issued another announcement and modified the relevant commission rules.

The anger of some Chinese consumers has finally been calmed.

But obviously, there is no shortage of smart people in this world, and they quickly saw through Pingguo's little trick, "In the final analysis, it is not that we still have to take away, but it has changed from overt robbery to covert robbery."

"One is willing to fight, and the other is willing to suffer, so it doesn't matter!"

What is different from the original time and space is that in this world, Pingguo users are no longer the mainstream in the Chinese market.

Wheat grains are.

If that's the case, it's hard for outsiders to say anything.

Besides, there are a lot of smart people in China. Since recharging through IOS channels will get you a lot of money, you can recharge on the computer, or let Android users help recharge on your behalf.

Basically, you can avoid the fate of being ripped off by Pingguo.

………

Pingguo's commission controversy lasted until March.

And as time enters March, as the ice and snow melt, everything recovers, and the "post-holiday effect" fades away, the budding development seems to be on the fast track again.

Friday, March 11th.

Jade Bird Interactive Entertainment's first AAA masterpiece "Black Myth" has started its first closed beta.

It made huge waves in the industry.

As early as last year, Zhang Shuo had actually been trying out "Black Myth". Whether it was gameplay, plot innovation, or production level, it had already reached the world's first-class level.

It can definitely be called the "Light of the National Trend" of Chinese games.

The sensation caused can be imagined.

Just two days after the internal beta of "Black Myth" started, on March 14, Dream Fund, together with Vision Fund, Lime Group, and Xinghai Group, officially completed the acquisition of Xianzhengda.

The acquisition price was US$43.5 billion, which was agreed upon previously.

Among them, Dream Fund, as the main body of the acquisition, holds 45% of the shares, becoming the largest shareholder of Xianzhengda in one fell swoop; the remaining Vision Fund, Green Lemon Group and Xinghai Group each hold 15% of the shares.

The remaining 10% of the equity was jointly subscribed by some Europa investment institutions.

After the acquisition is completed, Xianzhengda's board of directors will undergo a comprehensive reorganization. Dream Fund has the power to nominate three directors, and it is agreed that Howard, the president of Dream Fund, will serve as chairman.

The remaining Vision Fund, Green Lemon Group and Xinghai Group can each nominate one director.

"In order to complete the acquisition of Xianzhengda, Qing Ning Group and Xinghai Group need to pay 42 billion in funds, and they are required to receive the funds within three months."

At the meeting, Lin Zhengdong, the senior vice president in charge of the acquisition, reported this.

This also means that——

In order to acquire 30% of the equity of Xianzhengda, Meiya Holdings needs to pay 84 billion in funds, which is definitely the largest overseas merger and acquisition since the establishment of Meiya.

There is no one like it in the country.

"Completing the acquisition of Xianzhengda is only the first step. The next step is to actively guide Xianzhengda to invest in China, and at the same time use the two platforms of Lime Agriculture and Xinghai Chemical to cooperate." Zhang Shuo instructed.

For example, if Xianzhengda plans to invest in building a super chemical plant in China, it can enter into a joint venture with Xinghai Chemical.

The latter can get a ticket to enter related fields through joint ventures.

certainly.

It's just an admission ticket.

If Xinghai Chemical wants to truly gain a foothold in the agrochemical field, it will have to rely on its own R&D investment in the future.

The same is true for lime farming.

Although Zhang Shuo can gain indirect control over Xian Zhengda through remote control of the Dream Fund and Vision Fund, after all, it is only remote control.

It is actually very difficult to directly intervene in the daily operations of Xianzhengda.

It is impossible to really take Xian Zhengda as his own.

In the future, a slightly more high-end operation may be to guide Xianzhengda to spin off, sell some of its business segments, and then let the two strategic partners Qing Ning Agriculture and Xinghai Chemical acquire them.

In this way, Xian Zhengda will be gradually cannibalized.

"yes!"

Lin Zhengdong smiled and nodded, "After the reorganization of Xianzhengda's board of directors is completed, the first thing to do is to sign a strategic cooperation agreement with Lime Agriculture and Xinghai Chemical."

"At the same time, we will discuss, plan, and issues related to investment in China."

After cooperating with the Dream Fund and the Vision Fund twice in succession, Lin Zhengdong has vaguely realized that the Dream Fund seems to be very capable of taking care of Bu Ya's interests in external decision-making.

This kind of care does not seem to be simply attributed to the fact that Dream Fund is the majority shareholder of Germination.

As for the underlying reasons, Lin Zhengdong neither has the ability nor the will to delve into it. He only needs to figure out how to make good use of his relationship with the Dream Fund to seek benefits for Bu Ya.

that's enough!

In addition to winning Xianzhengda, on the other hand, Xinghai Group has also made progress in its contacts with Vale, which was also reported by Lin Zhengdong.

"Three days ago, Xinghai Group successfully signed a memorandum of cooperation with Vale."

"The cooperation between the two parties mainly focuses on two areas -"

"First, Xinghai Mining directly acquires some of the copper and iron ore interests in Samba that Vale intends to transfer. The investment in this part is expected to be around US$8 billion."

“Second, Vale introduced an investor like Xinghai Group through private placement.”

"In general, the first piece of investment is easy to realize after all, and it is also the focus of the current specific negotiations. As for the second equity investment, the resistance encountered by Vale's board of directors is relatively large."

Without it.

Although Gein Vale is a company from the Samba country, its major shareholder is from the beautiful country Wolf Street, and the latter is usually wary of investors from China.

"Especially when Xinghai Group just participated in the investment and acquisition of Xianzhengda, it made Langjie even more afraid."

Some people even shouted out——

"The sprout is a threat to the investment community and will destroy the original market rules."

Speaking in human terms is——

"Sprouting is indeed very strong, but it only needs to operate within China. Overseas markets are Wolf Street Capital's territory, so don't go overseas to grab food. Otherwise, we will be blamed for being rude."

Before Gein, many overseas acquisitions by Chinese companies, even if they were successful, were all about leftovers.

For example, Wanda’s recent acquisition of Legendary Pictures.

And what about sprouts?

He successively participated in the acquisitions of Japan Storage, Dongzhi Flash Memory and Xianzhengda. They were all taken from the mouths of beautiful American companies, and now he is interested in Vale.

Naturally, the other party would not agree.

If Vale hadn't been facing serious debt problems right now, even the first cooperation would have been troublesome.

"It depends on people!"

Zhang Shuo was quite confident, "If possible, it would be best for Xinghai Group to go it alone this time and stop inviting helpers like Dream Fund and Vision Fund."

Indirect control is always less efficient than direct control.

What’s more,——

With the current development trend of Sprout Holdings, sooner or later, it will have to compete head-on with the capital from Wolf Street on the international stage.

It's not a bad thing to get in touch earlier and adapt earlier.

"At the end of last year, I proposed to reorganize the overseas business department and establish three regional companies at the same time. This is also the purpose, which is to enhance our ability to invest and acquire overseas." Zhang Shuo added.

"clear!"

Lin Zhengdong nodded, but he also felt a lot of pressure.

"Speaking of which, Mr. Zhao, how are the preparations for the three regional companies going?" After listening to Lin Zhengdong's report, Zhang Shuo looked at Zhao Mingchuan, president of the overseas business unit and president of Asia.

"Is such that."

Zhao Mingchuan did not panic and reported: "Jiaoyang Holdings has completed the relevant name change and filing work. It is also the first among the three regional companies to get on the right track and put it into use."

This is normal.

The focus of Sprout's overseas development has always been on the Southeast Asian market, and Jiaoyang Holdings was previously the carrier of Sprout's overseas business unit.

It's basically a seamless switch.

For the overseas employees of Jiaoyang Holdings, it is just that their company has changed its name and nameplate. Other than that, there are basically no other changes.

Including personnel adjustments.

Because Zhao Mingchuan, president of Germination Overseas Business Unit, will still serve as president of Asia.

"Prussian Company and New York Company have also completed relevant registration and filing matters, and have also rented the new headquarters building."

"The next step is to use the headquarters framework as a hub to integrate the resources of these two regions."
To be continued...