Chapter 174 Germination of Global R{xml}D Center, Set Sail!
The budding glory continues.
On March 21, Sprout Real Estate officially announced that it had acquired a piece of commercial land in Houhai at a price of 350 million for the construction of Sprout Global R&D Center.
The next day.
Sprout Real Estate and Jindi Group co-hosted the contract development signing ceremony and announced the official launch of the Sprout Houhai Youth Apartment project.
At the signing ceremony, Jiang Yue, general manager of Germinal Real Estate, also introduced the youth apartment project to the media present.
As the name suggests.
Youth Apartment is not real estate, but a self-owned property owned by Moya Real Estate. It is neither rented nor sold to outsiders and is entirely used to solve the rental problem of Moya employees.
Old employees who have rented for five years will also receive in-house purchase rights.
It is equivalent to solving the worries of the budding employees, especially the employees at the Binhai City headquarters, in one fell swoop. They no longer have to worry about the difficulty of renting a house in Binhai City and the even more difficult problem of buying a house.
It almost made the reporters present drool!
Regardless of whether Sprout is considered a major Internet company, at least the benefits are really thoughtful.
And reporters with a keen sense of smell are even more aware of it.
The newly acquired land for the R&D center formed by Sprout, together with the Houhai Sprout headquarters building project, the Qingyun data center project and the upcoming youth apartment project, form an irregular quadrilateral.
Demonstrating budding ambitions for the next three to five years.
There is no longer any doubt.
When all four projects are completed and put into use, Germination will surely enter the ranks of giants.
…………
Sprout Building.
After attending the signing ceremony, Jiang Yue hurried over to report to Zhang Shuo.
"Thanks for your hard work!"
Zhang Shuo personally made Jiang Yue a cup of Longjing, and his intention to please was obvious.
Although he is no longer in charge of the company's personnel, Jiang Yue is still one of the busiest executives of the holding company, and has recently been chased around by Zhang Shuo.
My face was exposed a lot, but I was also very tired.
Especially as an administrative assistant, Jiang Yue had to intercept requests for exclusive interviews from major media and TV stations on Zhang Shuo’s behalf. This alone consumed countless brain cells in private.
I’m so tired!
"Mr. Zhang, the funds on the account of Germinal Real Estate are about to bottom out." Jiang Yue is not the kind of person who is pretentious. The boss made a gesture and soon got back to work.
A true strong woman.
The last time Germinal Real Estate received a capital injection from the group was on December 16 last year, when it received 500 million in funding to launch the Qingyun Data Center and Houhai Headquarters Building projects.
As the Qingyun data center project is coming to an end, the 500 million yuan has been almost spent.
Even less than 30% of the cost of purchasing computer room equipment was paid, and the bulk of the contract payment was still pending. Although it was an industry practice, it could not be delayed for too long.
The previous 350 million land purchase funds were all allocated from the holding company's account.
"How much funding is needed?"
Zhang Shuo subconsciously glanced at his personal panel.
--slightly--
[Level]: Level 8 (545,000/1.5 million)
[Support Fund]: 5 million/day
【Cash】: 920 million
[Loans]: 2.6 billion (bank loan) 200 million (corporate bonds) 150 million US dollars (overseas financing)
--slightly--
In the past month, the Chunmiao Fund donated RMB 100 million to the disaster-stricken areas, and when establishing the Chunmiao Scholarship, another RMB 200 million was transferred to an officially designated supervision account.
Then it cost 350 million to buy land.
If Jiaoyang Holdings hadn't promptly transferred the 780 million overseas agency fees for "Temple Run" to Jade Bird Interactive Entertainment and then transferred it to the holding company, the capital pool would have been nearly exhausted.
That's it.
It is also because of the preferential tax policies provided by the Binhai City official to Bu Ya, as well as the tax deductions brought by the Chun Miao Fund, and the profits of Bu Ya are used for reinvestment, otherwise the capital pool will be even more tight.
Benefits are.
The accumulated experience points at level 8 have exceeded one-third, and it is a big step forward to reach level 9.
It’s not easy to be true!
"The Qingyun data center project still has a funding gap of about 700 million yuan. After signing the entrusted development agreement with Jindi Group, a start-up capital of 100 million yuan needs to be transferred to Jindi Group within one month. There is also the Houhai Headquarters Building project, which has at least
We also need to prepare a start-up capital of 100 million."
Jiang Yue was not polite, "This does not include the latest Houhai Global R&D Center project, because the land has just been purchased, so the funding arrangements can be moved back a little."
Okay!
Jiang Yue opened his mouth to withdraw 900 million funds, and Zhang Shuo was emptied in an instant.
"Give!"
Although he was squeezed dry by Jiang Yue in front of him, Zhang Shuo could only grit his teeth and accept.
Who says these are all reasonable needs?
And it’s almost the end of the month, and Jade Bird Interactive Entertainment will hand over its profits for March.
According to Cao Yanhua's calculations, even excluding copyright acquisition expenses, Jade Bird Interactive Entertainment is expected to hand over 250 million in profits to the holding company in March, setting a new single-month record again.
If you include the agency fee income of 780 million, that’s a decent monthly income of 1 billion.
In addition to the profits handed over by Jade Bird Interactive Entertainment, the overseas agency rights of "Subway Surfers" have also been sold to Jiaoyang Holdings for 850 million.
The funds will be available only after Jiaoyang Holdings completes its second overseas financing.
Without this capital base, Zhang Shuo would not have dared to boast at executive meetings before, asking each subsidiary to make bold improvements and accelerate expansion.
The expected income is quite high, and the estimated expenses are also not low.
Most of these billions of foreseeable profits will be invested in the upcoming Linde New Energy and mobile phone manufacturing companies, although both are still full of uncertainties.
But Zhang Shuo must prepare funds in advance.
Based on this calculation, the budding capital chain is dancing on the edge of a knife.
Very dangerous!
"Old rules, don't let the land of Houhai Global R&D Center sit idle. Mortgage it to the bank as soon as possible and try to loan out another 200-300 million yuan to enhance the liquidity of the holding company's funds." Zhang Shuo instructed.
He now has too many debts to weigh him down.
The closer the money owed to the bank is to the three billion mark, the safer it becomes.
It's the uncle who owes the money, not him.
Although the first 2 billion loan will expire at the end of this year, Zhang Shuo is not panic at all.
Based on the current development trend of Suiya, the bank is probably very happy to extend the new loan immediately after Suiya Holdings takes out the loan.
The most you can do is get a guarantee from a financial company, get a bridge loan or something like that.
If Sprout Holdings had sufficient cash flow at that time, there would be no need to go to a financial company and the loan would be replaced by oneself. The new loan would be approved within a week at most.
Zhang Shuo also had no idea of repaying everything he could.
It is foreseeable that as the sprout continues to grow and develop, it will make more and more money, but the money owed to the bank will only increase. Sooner or later, the loan scale will reach tens of billions.
It may even exceed 100 billion.
From a bank's perspective, we actually like high-quality customers like Moya. The biggest difference between banks and venture capital and investment banks is that they value sound investment.
There is no more sound investment in the world than lending money to a high-quality company.
It’s a solid batch!
"No problem, I'll contact the bank tomorrow." Jiang Yue had gained experience, and finally faced Zhang Shuo's loan request again without changing her expression.
I happily agreed.
…………
After Jiang Yue left, Li Mingzhe came to visit again.
Due to Li Mingzhe's arrival and some researchers recruited previously, the intelligent algorithm laboratory directly under the name of Sprout Holdings was finally officially operational.
But Li Mingzhe doesn't come every day.
He has classes at Binhai University on Mondays and Wednesdays, and has to teach graduate students on Fridays, so he basically only comes to work on Tuesdays and Thursdays.
And even if you arrive at the company, you won't stay there for just one day.
Basically, I stay for half a day, check the researcher's task progress, and at the same time reassign, coordinate new tasks, give some guidance, and then basically leave.
Such a routine is really enviable.
Even the big boss Zhang Shuo is upset. When he has nothing to do, he goes to and from get off work on time every day.
But there is no way, Li Mingzhe is a night owl, and real academic research is basically done at night, so it really doesn't matter whether he goes to work or not.
It's not really lazy.
"What's up?"
Zhang Shuo smiled and asked Li Mingzhe to sit down on the sofa.
Someone as unsociable as Li Mingzhe would definitely go to the Three Treasures Hall for nothing. As the boss, Zhang Shuo had to take the initiative to raise the topic to avoid Li Mingzhe's embarrassment.
There is no one left.
"Ahem, do you know Gu Xiaoxi?" Li Mingzhe asked.
"We know each other!"
Zhang Shuo was stunned, wondering what medicine Li Mingzhe was selling in his gourd.
"Sure enough, I said, there must be something going on here."
"???"
Zhang Shuo was even more confused, "Why does this involve Gu Xiaoxi?"
"That's it." Li Mingzhe explained: "Gu Xiaoxi is very talented in mathematics. I was the one who recruited her to the Department of Mathematics of Binhai University."
"But as far as I know, Gu Xiaoxi didn't even get a perfect score in the college entrance examination mathematics."
To be praised by Li Mingzhe, in Zhang Shuo's understanding, he must be at least a scholar, right? It's impossible to say that he won't even be as difficult as the college entrance examination.
"Whether or not you get a perfect score in the college entrance examination is two different things from whether you have talent."
Li Mingzhe has a way of playing the piano to a cow.
"Well, even if Gu Xiaoxi is talented, what does it have to do with whether he knows me or not?" Zhang Shuo didn't expect Li Mingzhe to explain in detail, so he simply skipped this topic.
"I originally wanted Gu Xiaoxi to participate in the work of the Intelligent Algorithm Laboratory. She agreed well at first, but when she heard that the laboratory was still in its infancy, she refused again." Li Mingzhe told the whole story.
"So that's it."
Zhang Shuo was a little embarrassed. Of course he knew why Gu Xiaoxi refused.
"So, please be sure to do the work of looking after Gu Xiaoxi and let her participate." Li Mingzhe didn't understand what politeness meant. He only knew that the problem was with Zhang Shuo and that Zhang Shuo should solve it.
"Hey, Gu Xiaoxi, is he really so talented?"
You must know that Gu Xiaoxi is only in his third year of college and is still a rookie undergraduate. It is really a strange thing that he can get such attention from Li Mingzhe.