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Chapter 386: Fighting each other across the distance, Tengda embarks on the road of redemption!

9 a.m.

Zhang Shuo attended the signing ceremony for Pinxixi Group’s acquisition of Durban Logistics.

According to the conditions negotiated by both parties, Pinxixi Group invested 2.78 billion to acquire 79.5% of the shares of Durban Logistics, becoming the largest shareholder and controlling shareholder of Durban Logistics.

The remaining 20.5% of the shares will still be jointly held by the Durban Logistics founder team.

They did not choose a wholly-owned acquisition. First, it was the persistence of the founding team of Durban Logistics. They did not want to hand over the company they had worked so hard to establish and take money for retirement in advance.

This is a very common practice.

Secondly, after an in-depth investigation by Sprout Group, they determined that the current management team of Durban Logistics is very good, and both parties reached a certain consensus.

The result is--

After the acquisition, Durban Logistics will be integrated into Qingfeng Logistics, a subsidiary of Pinxixi Group, but will still maintain independent brand operations and will only connect each other's databases, warehousing and other software and hardware facilities.

This way.

Qingfeng Logistics, which owns two major express delivery companies, Baishi and Durban, will surpass Jingdong Logistics in one fell swoop and become the largest logistics company in the country.

The premise is that Benniao Network is not included in the calculation.

"I would like to ask Mr. Du, why did Pinxixi Group choose to acquire Durban Logistics instead of connecting Qingfeng Baishi to Benniao Network to build a nationwide logistics network?" a reporter asked.

Perhaps knowing Zhang Shuo's reputation as a quarrel, the reporters at the scene simply bypassed Zhang Shuo and focused on Du Qingqing.

"That's a bit strange for you to ask."

Du Qingqing seemed to have learned Zhang Shuo's true story of insulting people, "Benniao Network itself is a closed and exclusive organization. It only serves the Ali family and excludes e-commerce companies such as Jingdong and Pinxixi."

"You should ask Ahri why he likes to eat alone so much?"

"If I remember correctly, Ali is only one of the shareholders of Three Links and One Dam, and is not even the controlling shareholder. However, it relies on its market dominance to force the former to bow its head. What should I say?"

"Uh, this..."

The reporter who asked the question sat down awkwardly. If he hadn't been thick-skinned enough, he might have died in society.

"So, Mr. Du, do you not agree with Benniao Network's business model?" Another reporter asked.

"I didn't say that."

Du Qingqing was not fooled, "Each company has its own development ideas, and there is nothing to compare. As a new e-commerce company, Pinxixi just wants to be down-to-earth and do its own thing well."

This is beautifully said.

Even Zhang Shuo couldn't help but cast an approving look at Du Qingqing.

"Then if Benniao Network invites Qingfeng Logistics, will Pinxixi Group consider cooperating with Ali?" The reporter is also worried that the world will not be chaotic.

"You said yes, I won't answer questions based on assumptions."

Du Qingqing was very familiar with it.

"Well, Mr. Du, can you talk about your views on the Internet of Things?" The reporter still refused to give up.

"The Internet of Things as I understand it is based on warehousing as the core node, which requires a large amount of investment to improve infrastructure construction, which is what Qingfeng Logistics has been insisting on."

"In addition to building its own warehousing, Qingfeng Logistics will also reach a strategic cooperation with Jingdong Logistics, sharing the data links and warehousing centers of both parties, and radiating to all parts of China as much as possible."

Du Qingqing was not at all vain.

Apparently he didn't say anything, but in essence, he still criticized Benniao Network without naming it.

A wave of connotations.

"Huh?"

The reporters present also understood this and were already thinking about how to write a press release.

"Mr. Zhang, do you have anything to add?"

At the end of the press conference, a very brave reporter asked Zhang Shuo a question.

The scene fell silent for a moment.

"I have nothing to add, so please don't make me angry."

"Ha ha!!!"

There was a burst of good-natured laughter.

"Everything Pinxixi does is done in a down-to-earth manner in accordance with the business model we have identified. Everything is user-centered, and we never think about which company we should use as a benchmark or competitor."

"If we really want to achieve transcendence, it will also be recognized by users and consumers."

Zhang Shuo's words had a profound meaning. He was obviously talking about the competition between Pin Xixi and Ah Li, but in fact he was also taking this opportunity to respond to the outside world's dispute between Sprout and Tengda.

To put it simply -

"Tengda collapsed because Tengda failed to do a good job. Mei Ya will not bear the blame."

Some people understood this, while others didn't understand it.

Zhang Shuo did not deliberately mention names. He believed that everyone could understand everything that needed to be understood, and there was no need to point out names deliberately.

That would be a disadvantage.

………

Sure enough, just after the press conference, Zhang Shuo received a call from his second uncle. Although it was just a simple greeting, it obviously revealed another meaning -

Very satisfied with Zhang Shuo’s statement!

This is also the reason why Zhang Shuo decided to move this press conference to Germination Headquarters and attend it in person.

Just looking for an opportunity to speak out.

The confrontation here is not enough for outsiders to know.

………

That afternoon.

News related to the press conference spread online and sparked a flurry of discussion.

"Surprise! President Pin Xixi angrily attacked Ahri on the spot!!!"

“I’ll fight Xixi’s newborn calf to not be afraid of tigers and officially declare war on Ahri!!!”

“Is Benniao Network a major innovation, or is it selling itself on someone else?”

"Qingfeng Logistics has another victory, Pin Xixi's sword is pointed at Ahri, the war is about to begin!!!"

Each of these reporters was so shocked that the crowd was stunned for a moment.

"What the hell? Pin Xixi is going to start a war with Ah Li, did I hear that right?"

"Ahri: It's me who doesn't deserve it!"

"Maoya, after fighting Tengda, is starting to fight Ahri again? That's very brave!!!"

"Qiandu: I'm already trembling!"

"Ahaha, does the cute king want to become the big devil of the Internet industry? Kill! Kill! Kill!"

"Can't you? Benniao Network sounds very good. Mr. Du said this out of consideration."

"Yes, the Internet is already deeply involved, and so is logistics."

"Compared with Ahri's efforts to acquire Durban, Pinxixi's acquisition of Durban is undoubtedly an old cow's failure and not cost-effective. If it hadn't been for the blood transfusion, Pinxixi would have ended the game long ago."

This chapter is not over yet, please click on the next page to continue reading! "Behind every arrogant woman, there is an awesome man."

"As you said, Qingfeng Logistics operates heavy assets and increases investment in warehousing. Is this a bad thing? It seems to be heinous. I wonder if some people have any brains."

"That's right, Ah Li, that's called peach picking? Just like Mr. Du said, it's an abuse of market dominance."

As we chatted, the focus of the topic shifted to whether self-built logistics or the Ali model is better.

No one on either side can convince the other.

"A dragon slayer will eventually become a dragon!"

"Ali claims to make it easy to do business in the world, but he has become the landlord and advertiser of all online stores, like a super beast, hanging over all online stores!!!"

"I hope Pinxixi can become the silver carp that stirs up the e-commerce storm!"

For Pinxixi, because it is a new company under the umbrella of Sprout, the majority of netizens naturally have extra expectations, especially since Pinxixi takes the initiative to support national trends and products.

It really gained a lot of popularity from passers-by.

It operates in Jiangchuan, Jingchu, southern Hunan, southern Anhui and other places, and its reputation has always been very good.

The development momentum is very rapid.

………

But no matter what, Du Qingqing's connotations still made Ah Li angry.

Ahri Headquarters.

"What do you mean by Pin Xixi? It's so shameless." The uncle was very angry.

Benniao Network is another of his proudest works. It has just been launched and has not yet been officially launched. It is really unpleasant to be slandered by Pin Xixi like this.

If he hadn't maintained his identity, he would have faced Du Qingqing head-on.

"This matter was mainly caused by reporters."

Ren Xiaoyao is busy putting out fires. As an industry insider, he certainly knows that self-built logistics is definitely better than cooperative logistics, but Ahri is taking an asset-light approach.

Even if self-built logistics is good, I am not willing to invest more in this area.

I really don’t have the confidence to refute.

"This is not just instigated by reporters, it's Pin Xixi who wants to step on us and get the upper hand."

The uncle obviously holds a different view.

"After a rough calculation, I have invested almost 10 billion in Pinxixi before and after the sprouting. I spent so much money and said that there was no personal planning by Zhang Shuo behind it. I would not believe it even to death."

"This kid Zhang Shuo is obviously very ambitious and very dissatisfied."

"After defeating Tenda in the social networking and gaming fields, you now want to defeat us in the e-commerce field. Are you trying to dominate the Chinese Internet world, or what?"

"Young man, you are so aggressive!"

"Uh, this..."

Seeing what the uncle said, it was hard for Ren Xiaoyao to persuade him. There was a hint of personal grudge in it.

This is not a good sign.

Business competition is a normal thing. Competition in business is just that.

Discuss the deeds but not the heart.

But if the uncle's heart-wrenching remarks were exposed, it would obviously be very inappropriate.

It seems.

Tengda's recent experiences have made the uncle inexplicably feel like "the rabbit is dead and the fox is sad".

It’s also helpless!

………

As soon as Ren Xiaoyao left, the uncle received a call from Big Brother.

"Have you seen it all? That boy Zhang Shuo is so crazy now. If we don't take the initiative, he will poke a big hole in the Huaxia Business District."

Just barely said——

The Huaxia business district cannot tolerate someone as awesome as Zhang Shuo.

It can be seen that Big Brother is very unhappy with Zhang Shuo, who has risen like a whirlwind. He thinks that Zhang Shuo, a "little boy", does not know how to be humble and has stolen his limelight.

"How to attack?"

The uncle's tone was incomprehensible.

He's not stupid.

One man firmly believes that no matter what Pinxixi does or how much money or resources Suiya invests, it will not threaten Ali’s position in the e-commerce field.

I just feel a little unhappy.

Secondly, there is still a relationship of interest between Ahli and Moya.

In addition to jointly holding shares in Haode Maps, the most important thing is that Ali is also a partner of Weixin and needs to use Weixin's huge traffic to divert traffic to e-commerce.

You can complain in private, but it is not appropriate to fall out directly with Mo Ya.

"What do you think...?" The big brother opposite was very excited.

"You can try it."

As long as he doesn't come forward in person, I don't mind talking about it and giving him a push in secret.

Who doesn’t like watching the excitement?

………

the next day.

Zhang Shuo did not go to the company, but plunged into the Binhai University library.

There are no classes for the second semester of the second semester of graduate school, and Zhang Shuo has already started preparing for his graduation thesis. He is very serious about academics and cannot tolerate any perfunctory work.

When walking on the Binhai University campus, you can see college students riding Meow Meow bicycles everywhere.

In order to capture the market as quickly as possible, Miao Miao Bicycle also heavily subsidizes its products. At this stage, riding Miao Miao Bicycle is almost equivalent to free prostitution.

In addition, college students are more receptive to new things and are more likely to pursue trends.

It’s not difficult to understand why Meow Meow Bicycle is so popular.

As the founder of Miaomiao Bicycle, Cai Miaomiao has also become a famous figure in Binhai University. Especially her legendary experience of starting a business in her freshman year is really enviable and emotional.

"There are talents from generation to generation, and each generation is stronger than the last!"

It is reported that Binhai University is already studying support policies for Meow Meow Bicycle. At the very least, it will use its connections in universities to provide assistance for the promotion of Meow Meow Bicycle in other universities.

Some angel investors have also noticed Meow Meow Bicycle.

It’s just that Miaomiao Bicycle’s registered capital is as high as 100 million, so it is not short of money for the time being.

Even if it is necessary to raise funds, Zhang Shuo has already introduced Chen Lu to Miaomiao, and Fenglei Fund can participate in Miaomiao Bicycle’s angel round or Series A financing at any time.

………

While Zhang Shuomao was reading in the library, Tengda also held a press conference.

There's quite a lot of useful stuff.

First, it announced that it would spin off the group's online literature and music businesses and form Tenda Literature Group and Tenda Music Group, with the aim of promoting the two companies to go public within the year.

Before going public, the two companies will also launch a round of centralized financing.

This chapter is not over yet, please click on the next page to continue reading! Pirate Saint Group, Scarlet Capital, Tiantian Capital, Tiger King Fund, Ping An and other well-known investment institutions at home and abroad are all on the list to participate in this financing feast

.

This is undoubtedly a very wise decision.

A spin-off and listing can share risks and create new wealth myths.

Second, separate financing after the spin-off can also reduce the financial pressure on Tenda Group.

Fortunately for Tenda Literature Group, if Tenda Music Group wants to tell a good story in the capital market, it must buy and buy in the field of music copyright.

This is a very expensive thing.

With Tenda's current profitability, it is really difficult to support the crazy cash burning of various business lines.

Otherwise, I wouldn’t have been sniped by Qiandu.

In addition to Jumei Youpin, which has been confirmed to be listed before, this year alone, three companies under Tenda will be listed, which can be described as a super big deal.

It will also help to sweep away the previous decline.

In addition, Tenda also announced in a high-profile manner that it will establish Tenda Financial Holding Group, using Caifutong as the main tool, to fully enter the Internet financial business.

Thieves Group, Scarlet Capital, etc. have also participated in the investment of Tenda Financial Holding Group.

It's another round of binding.

In the current Internet context, Internet finance belongs to "technological innovation" and is also regarded as a major trend. Tenda's such a big move is naturally a "plus point".

With the endorsements of Thieves Group, Scarlet Capital and others, the prospects become even more promising.

At the end of the press conference, Tenda also used a trump card and announced the issuance of 60 billion convertible bonds to repurchase 15% of the shares of the group's largest shareholder, completely quelling the controversy over the reduction of the major shareholder's holdings.

Pirates of Saint Group, Ping An and others will be the main underwriters of this convertible bond.

Tengda's move is not only to stabilize the precarious stock price, but also to take the opportunity to reduce the shares in the hands of the largest shareholder to achieve the purpose of diversifying equity.

This is tantamount to strengthening the control of Tengda by the management team headed by Erye in disguise.

Pirate Saint Group and others are willing to underwrite this super convertible bond not only because they have confidence in Tenda's future stock price, but also because they received a large gift package from Tenda.

The financing of Tenda Literature Group, Tenda Music Group, and Tenda Financial Holding Group are just the appetizers.

This also means that from now on, Tenda will be more deeply tied up with major investment institutions, which is undoubtedly sending a positive signal to the market.

as expected.

Immediately after the press conference, Tenda's stock price experienced a strong rebound, rising by 12 percentage points in an instant. It then surged higher and fell back, but in the end it still rose by 7.8%.

Sweep away the previous decline.

………

Zhang Shuo saw the relevant news at night.

It's not that he doesn't have enough information. In fact, relevant information has been sent to Zhang Shuo via email. It's just that when he is in the library, he usually doesn't like to deal with work emails.

Moreover, the information Zhang Shuo obtained was even more detailed than the outside world.

This time, Tenda will not only spin off online literature, music, Internet finance and other businesses, but will also join hands with Qiandu to promote Nomi Dianping to be listed as soon as possible.

Other businesses such as Tenda Video and Tenda Animation are also in the process of being split in the future.

"Don't put your eggs in one basket."

Objectively speaking, Tengda's approach is understandable. It is also the best strategy that can be adopted as a last resort after being forced into a corner, which reflects its team management background.

It also reflects from the side that Tengda has a deep connection with capital.

As for whether there is any promotion from Binhai City behind this, Zhang Shuo has no idea.

But if Zhang Shuo were asked to evaluate Tengda's "self-rescue measures" from a higher dimension, it could only be a simple comment - drinking poison to quench thirst.

Original time and space.

Although both Tengda Literature Group and Tengda Music Group were successfully listed, their performance in the stock market was not very good, and even fell below the issue price for a time.

It is completely incomparable with Tengda's share price.

As for Tengda Financial Holding Group, I wonder what the outcome will be in the future.

There is no doubt that the second master did not adopt any of the two suggestions that Zhang Shuo kindly gave Tenda, whether it was to explore overseas markets or focus on the research and development of future technologies.

In the final analysis.

Tenda is still unable to get rid of path dependence, and is unwilling to step out of the super comfort zone of the Chinese market. It still engages in crazy involution in the Chinese market, and there is nothing new.

This made Zhang Shuo somewhat unhappy.

Originally, it was said that because the second master was a senior, he took the initiative to ask, and then gave some advice.

As a result, Tengda turned a deaf ear to all his suggestions.

In this case, why bother asking him several times?

Isn’t this a joke?!

Next time, if the second master asks again, Zhang Shuo will definitely not say anything again.

There are only three things to do!

………

In the next two days, Tenda's stock price continued to rise, but the increase narrowed significantly.

Investors are not stupid.

Tenda's measures to rescue the market have at best stabilized expectations and tried to bring Tenda's stock price back to the level before it fell. However, it is still very difficult to continue to rise.

Because Tenda has not fundamentally solved the social, gaming and other business pain points.

The most promising estimate is that in the next few years, if Tenda cannot produce any outstanding results, the stock price is expected to be the same as Qiandu, flat all the way, and it will probably not double as it did in the original time and space.

In the original time and space of 14 years, Tengda's market value exceeded one trillion.

It's definitely impossible now.

From the perspective of industry insiders, Tenda's move, in addition to rescuing the market, is of greater significance in that it will distribute part of the cake to investment institutions such as Scarlet Capital to solve the capital chain crisis.

Through financing, Tenda has obtained sufficient funds to continue to conquer new businesses such as entertainment, local life services, and Internet finance.

Its approach is more like a start-up company that has not yet achieved profitability.

There is also no choice.

………

the other side.

Ali, who was upstaged by Pin Xixi, was not willing to accept it and quickly fought back.


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