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Chapter 1,448 Wanting money

Chapter 1447 Asking for money

Guo Pojun has been in Shanghai for many years and is very accustomed to the local dishes on this table, especially the sweet and sour pork ribs. I don’t know which chef made it. It is quite authentic. It must be Mr. Jing who enjoys it!

Ordinary people and gold-collar workers like him mostly go to gourmet restaurants and big hotel restaurants to eat, which is nothing more than spending some money. But if you want to eat delicious food cooked by chefs, you really have to try your luck. Otherwise, five-star hotels

Why would the executive chef’s own cooking be one of the selling points of hospitality?

These things are normal here at Mr. Jing. What he eats every day is the dishes cooked by the chef. For this purpose, two high-end catering brands have been specially developed, one Chinese and one Western: Falou and Yuchu. At the same time, these two catering brands also

Long-term stay in various five-star hotels under Falou Hotel Group.

Before Guo Pojun entered Shanhaijing Chip, he was mainly responsible for Ouyang Wan's business in various places in the Magic City and was a very outstanding professional manager. After his beloved woman became Mr. Jing's confidante, he took advantage of the situation and entered Shanhaijing Chip.

management work.

Since Shanhaijing Chip was founded, he gained Mr. Jing's trust due to Ouyang Wan's recommendation, and sat all the way to the position of the person in charge of Shanhaijing Chip.

He could see that Yin Jian, the head of the Phoenix Fund, and Jing Shufeng, the head of Uber, both wanted to report on their work, and he felt that he was too lazy to report.

Within the group, Shanhaijing Chip located in Shanghai and Suzaku Integrated Circuit located in Jingzhou, the capital of Shandong Province, are at the same level. But there is actually another layer of architecture above it, called "Shanhaijing Semiconductor", but this name is rarely released to the outside world.

.

Because he does not have a technical background, the president of Shanhaijing Semiconductor is actually Gong Dongyang of Suzaku Integrated Circuit, who only serves as vice president.

As a non-technical manager like him, there are actually some opponents within Shanhaijing Chip, as well as some technical experts who are interested in playing a role in management. Gong Dongyang does not like him very much.

Many people want to replace him, but he estimates that his position is very stable: Mr. Jing trusts him and recognizes his abilities very much.

As for the Shanhaijing chip being included in America's sanctions list, it's not something he can decide. He has nothing to worry about.

Compared with Guo Pojun, Yin Jian, the head of Phoenix Fund, and Jing Shufeng, the head of Uber, they all came from the capital and are not very accustomed to this delicious local cuisine.

Jing Gao and Zhang Yanqi, the head of Xuanniao Investment, chatted about the recent investment direction of private equity funds in Shanghai.

Lao Zhang, I guess, has some abilities, but he also has a bad temper. So if you want Lao Zhang to work, in addition to being paid enough, you also need to be respected. Therefore, Jing Gao first chatted with him about related topics.

"Mr. Jing, the only investment areas left now are new energy vehicles, artificial intelligence, and smart driving. Others are not very popular and are all conceptual publicity. Of course, the most profitable business is live broadcasting."

Jing Gao nodded slightly. He read the briefing every day and was very clear about the direction of capital investment in the current market. "Lao Zhang, you can't just look at the domestic market, but also look at the overseas market. Xiyin

Isn’t it very popular? Have we invested in it?”

Yin Jian, the head of the Phoenix Fund, quickly spat out the crabmeal tofu in his mouth and replied: "We are talking. Also with us are Quantum Leap, the subsidiary responsible for investment in Douy, Xiaomi, and the personal investment of Mr. Lei of Xiaomi

The company Shunwei. We are all talking about,

However, Mr. Xu of Xiyin’s requirements are still a bit harsh. He does not want our shares to have voting rights. Moreover, Xiyin is currently considering changing the actual controlling company in the VIE structure to avoid the complicated domestic taxation and auditing requirements.

Go public in the United States.

Therefore, our Phoenix Fund is also a little hesitant, should we invest?"

Jing Gao understood that it was not that Lao Zhang did not pay attention, but that Xuannio Investment was not qualified to participate in investing in new unicorns like Xiyin. In the venture capital industry, it is not about seniority, but about the size of each person's funds, and

The connections represented behind the funds.

As a private equity fund, Xuannio Investment is registered in Shanghai. Currently, it is not as good as Sequoia Capital and Hillhouse Capital. However, Phoenix Fund currently has a strong color and is not suitable for such investment.

No wonder those old money in Europe and the United States are looking for agents to invest in China one by one, and they have to enter through venture capital, finance and other means. They also need to learn! As we all know, Zhang Lei of Hillhouse Capital received money from Yale University.

It’s just that outstanding front-office elites like Zhang Lei are not so easy to find!

Jing Gao took a sip of red wine with enlightenment and said with a smile: "If Xiyin is going to be listed in the United States, then we are still investing. We have faced lawsuits in the past. I offended the Mellon family of the American Eight Banners on Hong Kong Island.

Deadly.

??????55.??????

Yin Jian, would you like to ask Mr. Xu from Xiyin if he would consider listing on Hong Kong Island? Bank of East Asia has an investment banking department that can issue their stocks."

Now that the international situation is changing, quite a few domestic companies and bosses want to increase their business attributes and downplay their political attributes, so they live and work in Singapore, and have moved their headquarters there.

But everyone understands that there is no future for listing in Singapore. Either go public in the United States or go public on Hong Kong Island, where the capital of the two major countries is located. The capital pool in Singapore is too shallow to accommodate today's large-scale companies.

Yin Jian said: "Okay, Mr. Jing. I'll make an appointment with Mr. Xu to have dinner later and talk about this matter. Mr. Jing, I also want to report on the work of Phoenix Fund this year."

The current global banking industry is a mixed operation. That is, banks are not only engaged in financial services such as deposits and loans, but can also engage in investment banking.

Bank of East Asia was listed on Hong Kong Island, and it still bears this name after being acquired by the LP Investment Group headed by Mr. Guo (Guo Lingyu), but in fact more than 70% of the shares are controlled by Mr. Jing. Currently, Bank of East Asia is on Hong Kong Island, which is somewhat similar.

position among the four major investment banks on Wall Street.

As a stock underwriter, it is a one-stop service to take a bite before the listing, ensure the listing, smooth issuance of stocks, and find someone to take care of the stock.

Jing Gao felt a headache as soon as he heard the work report. He smiled bitterly and said: "I have been exhausted today. I was asked to watch a movie by Phoenix Films in the morning. I almost didn't come to Shanghai today. Let's go to East Asia later.

Report in the bank building."

Everyone chuckled in agreement to save face.

Seeing Yin Jian's sad face, Jing Gao said jokingly: "Mr. Yin, I will read the work report. Now you can summarize how much money the Phoenix Fund needs?"

"Haha!" Guan Yujia couldn't help but burst into laughter, and everyone laughed along with him.

Yin Jian also laughed. Not to mention, Jing always understood the senior executives below. The purpose of his reporting work was essentially to strengthen his position in Phoenix Fund and at the same time obtain an injection of funds from Mr. Jing. Don’t look at the former person in charge.

Zuo Hao did a very poor job at Phoenix Fund, but when he actually sat in this position, he realized that it is difficult to sit in the position of the person in charge of Phoenix Fund!

He was originally the president of the Phoenix Group's strategic investment department, responsible for Phoenix Group's strategic investments and building a traffic and ecological moat for the group. All the money used for investment came from Phoenix Group.

Although the Internet is now ridiculing the Phoenix Group as a second-rate Internet company, no one can deny that the Phoenix Group was really invincible in the world during the years of its expansion. Today, it still has the old foundation left by Mr. Jing.

, even if it is a second-rate Internet company, none of its products can be considered first-class in the country, except for Uber, but it is still a behemoth! It does not lack its small amount of funds.

He spends money exclusively in the strategy department of Phoenix Group. But what about Phoenix Fund? It still requires performance!

You can't just do venture capital without making money, then the financial statements will be too ugly. He is also a negotiator. Even with the big stage of Phoenix Fund, there are only a few people who can truly achieve what was achieved in the past few years when domestic venture capital was booming.

What is the level of venture capitalists? For example: Shen Nanpeng, Zhang Lei, Zhu Xiaofu and others.

At present, he does not have this level of investment. So he still needs Mr. Jing to support his work and continue to inject funds!

"Mr. Jing, I strive to keep the loss within two billion US dollars in this fiscal year of 2019."

Jing Gao nodded happily, but still couldn't help but warned: "We still need to reduce costs and increase efficiency. Venture capital has been hard to do in recent years, but there are still opportunities."

It’s 2019, and the dividends brought by the mobile Internet are about to be exhausted, and new traffic has already peaked. For the venture capital industry, the current environment is much more difficult than in earlier years. This has been reflected in the listings in recent years.

You can feel the chill when the amount of news about the Internet upstarts has dropped significantly.

Now the growth point of venture capital has shifted to relatively large-scale investment: new energy vehicles, artificial intelligence, driverless driving and other new technologies. Of course, there is also investment in the chip industry. This is no longer what venture capital could invest in in the early years.

It's the age of hundreds of thousands or millions of dollars.

Yin Jian agreed repeatedly.

Jing Gao turned to look at Jing Shufeng next to him: "Xiao Jing, what do you want to talk about? If it's a work report during this period, stop it! I'm very tired today and don't want to hear these boring numbers."

"Ha ha…"

A joke that was not funny still caused constant laughter in the restaurant.

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