Chapter 501 Three Stars new ambitions, the highlight moment of the Dream Fund!
Just two days later.
Under the personal chairmanship of Zhang Shuo, Sprout Holdings convened an interim board of directors, which reviewed and approved the resolution regarding the repurchase of 10% of the equity of Sprout Holdings held by Dream Fund at an agreed price of 250 billion.
According to the agreed price, the valuation of Germination Holdings is only 2.5 trillion.
Obviously it is far lower than outside expectations.
You know, with the strong rise of Mango Group and the benefits of Daosui Group and others, the overall valuation of Germination Holdings by the outside world has long exceeded 6 trillion, and was once close to the 8 trillion mark.
It can be called a super giant!!!
Fortunately, Sprout Holdings is not a listed company, and it involves large internal equity transactions. The party involved, Dream Fund, did not raise any objections, so it is naturally difficult for outsiders to make irresponsible remarks.
But this is already amazing.
Including the previous dividends of more than 30 billion, the Dream Fund has earned nearly 300 billion from the beginning.
The most important thing is that after the equity repurchase is completed and all cancellations are completed, Dream Fund will still hold 25.56% of the equity of Sprout Holdings and will still be the second largest shareholder of Sprout Holdings.
The money future is still bright.
Therefore, after the board meeting, Zhang Shuo immediately adjusted the monthly support fund allocation ratio between the Dream Fund and the Vision Fund, and allocated all the monthly support fund of US$1 billion to the Vision Fund.
future.
The main source of funds for the Dream Fund is Sprout Holdings, while the Vision Fund comes from system funds.
In this way, it not only ensures the respective sources of funds for the two funds, but also allows the Vision Fund to completely cut off its relationship with Bubu, becoming more independent and mysterious in the global investment circle.
Only in this way can many of Zhang Shuo's intentions be better realized.
For example, the upcoming acquisition of Xianzhengda.
Correspondingly, after canceling 10% of the equity, Zhang Shuo's personal shareholding ratio increased to 41.12%, Chunmiao Fund held 22.22%, and Prodigal Fund and Gu Xiaoxi's personal shareholdings were both 5.55%.
All will be potential beneficiaries of this transaction.
………
The news of Sprout Holdings repurchasing shares quickly spread in the global venture capital circle.
The Dream Fund can be said to be “famous in one fight”.
There is no doubt that as Sprout Holdings continues to grow and develop, Dream Fund, as the only angel investor of Sprout Holdings, has become the most prestigious investment institution in the world.
Its reputation is even higher than that of Soft Gold Group.
Especially in the Europa region, the Dream Fund has become a dazzling star in the venture capital circle. With 250 billion funds in place, countless start-up companies have flocked to it, hoping to gain the favor of the Dream Fund.
The Dream Fund did not hold back and immediately released the news that the next step would be to try to acquire Xianzhengda.
triggered a new round of heated discussion.
………
weekend.
While chatting in Tang Lao’s courtyard, his second uncle Tang Yi also mentioned the equity buyback of Sprout Holdings.
"Twenty-five billion..." Tang Yi was a little shocked and asked with concern: "Geminate just carried out a 100 billion equity dividend not long ago, how can you come up with so much money at once?"
"It's not a one-time payment."
Zhang Shuo explained with a smile: "It will be paid in two installments, in September and December."
This is not to say that Sprout cannot get so much funds at once, but it has to consider its own liquidity and cannot drain the cash from its account all at once.
Anyway, the acquisition of Xianzhengda cannot be completed within a month or two.
There is no rush to pay it all in one lump sum.
"That's very profitable." Tang Yi was really stunned by the profitability of Sprout Holdings, and then said half-jokingly, half-seriously: "Next time if Dream Fund wants to transfer Sprout shares, it can consider Lingnan Provincial Investment.
Institutions such as Binhai City Investment and even China State Investment Corporation are very interested in taking over the project."
There is no doubt that Sprout Holdings is already the most high-quality private enterprise in China.
It is also the best investment target.
Prior to this, although Sprout has successively opened up financing for group subsidiaries such as Qingcheng Group, Pinxixi Group, and Daosui Group, it has been tight-lipped about Sprout Holdings.
This equity repurchase has undoubtedly given some investment institutions a glimmer of hope.
“Definitely next time!”
The second uncle just didn't mention it, and Zhang Shuo had exactly the same intention.
If the Dream Fund wants to buy and sell around the world, it needs continuous huge financial support. This time, the US$39 billion alone cannot actually support several large-scale mergers and acquisitions.
It was originally planned to continue to transfer the holdings of Sprout Holdings.
However, it will no longer be repurchased or canceled by Sprout Holdings itself. Instead, it will be open to trustworthy investment institutions such as Huaxia State Investment, Lingnan Provincial Investment, and Binhai City Investment mentioned by the second uncle.
Thus.
The Dream Fund can continue to clear out the equity in Sprout until it completely exits. At the same time, Sprout Holdings can introduce new strategic investors to share the benefits of corporate development.
It can be said that it kills two birds with one stone.
"As long as you know what's going on."
Seeing that Zhang Shuo understood, Tang Yi didn't say anything more. He changed the topic and asked pointedly: "Have you heard about the recent turmoil in Wangke?"
"I've heard of it."
Zhang Shuo looked calm and his heartbeat did not even accelerate, which showed that he had mastered the art of nourishing qi.
"In the face of the barbarians, Wangke seems to want to introduce new investors. How about, Su Ya, are you interested in participating?" Tang Yi asked tentatively.
As the chief official of Lingnan Province, he must always pay attention to the subsequent development of the Wangke incident.
Wangke can be regarded as one of the star enterprises in Lingnan Province.
"Grudge?"
Zhang Shuo paused for a moment, then said: "Isn't it a bit inappropriate to enter the real estate industry?"
"What's wrong?"
Tang Yi shook his head, "I have said before that as long as Suiya operates legally and compliantly, there are no taboos."
"That's what you say, but if it gets out, it won't sound good."
Zhang Shuo is still "pretentious".
"It's understandable that you have this concern."
Tang Yi didn't press too hard. After all, the Wangke incident was far from imminent. "I just mentioned it this way. You just have to be aware of it."
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "Understood!"
Zhang Shuo naturally understood this and knew that the time was far from mature.
………
Monday, August 24th.
The past week has been very lively. In addition to Sprout Holdings launching a share buyback of up to 250 billion, there were many other hot news.
For example, last Thursday, Jade Bird Interactive Entertainment released a new mobile game - "Arknights" on Chinese Valentine's Day.
The original space-time "Arknights" is a strategy-oriented real-time strategy tower defense game independently developed and operated by Eagle Point. It was released for public beta in May 2019.
After two years of operation, the game is still very popular.
In the game, the player will act as the leader of Rhode Island, "Doctor", and lead a group of Rhode Island operators to rescue the victims, deal with ore disputes, and fight against other forces such as the Integration Movement.
In the complicated game of power, find a cure for ore disease.
"Arknights" has a unique art style that is different from similar games, as well as a detailed plot and world view. It also adopts a tower defense-style gameplay, coupled with excellent original music. The combination of various characteristics creates a unique
Game experience.
It is precisely this advantage that has attracted the attention of a large number of players and is known as the "Dark Horse of the Second Dimension". It has completed a huge business miracle at a relatively low cost.
In just half a year, the revenue of the game exceeded 1 billion, and it is undoubtedly a hit.
In this life, "Arknights", with the blessing of Jade Bird Interactive Entertainment, has undergone many optimizations and was launched on the Chinese Valentine's Day, which undoubtedly brought comfort to countless singles.
Who can resist a bunch of two-dimensional girls?
………
In addition to Jade Bird Mutual Entertainment.
Last week, the most exciting news on the Chinese Internet was undoubtedly the follow-up to the Battle of Wangbao.
Barbarian Baoneng, after absorbing enough stocks in the secondary market, finally became the largest shareholder of Wangke and took the first step to control Wangke.
The first request made was to reorganize Wangke’s board of directors.
Faced with the crisis, Wangke chose to seek help from the former largest shareholder Wei Run, but the latter's attitude was ambiguous, which also caused the equity dispute to suddenly enter a period of confusion.
The outside world can only see flowers in the fog.
Globally, the most watched news in the global mobile phone industry is undoubtedly that Samsung held its annual new product launch conference last Friday and officially launched the Samsung S6.
Compared with the previous generation product, the biggest selling point of Samsung S6 is the hyperboloid screen.
It is also the world’s first curved screen.
Coupled with the 14nm chip manufactured by Samsung wafer foundry, it also adds a lot of color to the brilliance of Samsung S6.
Except Samsung S6.
Samsung also launched the note 5 of the note series, which shows its ambition to re-emerge.
Objectively speaking, Samsung S6 is indeed an amazing product, and it has finally restored Samsung's reputation and confidence in the high-end smartphone market.
It is regarded as the ambitious work of San Xing to challenge Mai Li and Ping Guo again.
Because of this, Sanxing even changed its previous practice of holding a new product launch conference during the Spring Festival, and instead postponed it to the end of August, just to have a head-to-head relationship with Maili and Pingguo.
Of course, more realistic factors may still be limited by chip production capacity, which has to be postponed.
But the Koreans didn't care.
After the Samsung S6 was released, Koreans fell into an unstoppable carnival. They not only enjoyed themselves on domestic social platforms, but also went to washbasin to enjoy themselves crazily.
Many people even shouted the slogan that Samsung S6 beats Maili phones.
Um.
This is so beautiful!!!
………
After browsing the news, Zhang Shuo first attended the meeting and then returned to the office.
There is one more thing in my hand.
It was at the meeting that Senior Vice President Gu Mingzhang sent a sample of the first VR glasses developed by Maili Group and gave it to Zhang Shuo for trial use.
With every plan in mind, it took less than eight months from the time Daimaili Group established the VR glasses project department to the birth of the first VR glasses sample.
The efficiency can be said to be very high.
With Zhang Shuo as a consultant, coupled with the mature industrial design and industrial manufacturing standards within Maili Group, the appearance of Maili VR glasses is still very beautiful, with a strong sci-fi flavor.
It just looks a little bulky.
Putting on VR glasses, Zhang Shuo began to experience it. Currently, there are only two contents that can be experienced. One is a one-minute VR animation produced by an outsourcing company.
As for the effect, I can only say that it is unsatisfactory.
The other one is Dominoes, the first VR mini-game launched by Jade Bird Interactive Entertainment. With the assistance of VR glasses, you can place dominoes in the "void" immersively.
However, "accidents" such as frame drops and mold clipping occur from time to time.
Moreover, the user experience is not very smooth. After playing for less than half an hour, Zhang Shuo felt that his head could not hold up and he was slightly dizzy.
It can be seen that the effect of actual experience, calculated out of ten points, Zhang Shuo can only score four points.
It's definitely a failure.
Fortunately, this is just a sample. Maili Group plans to officially launch VR glasses at a press conference next month, and then start the first wave of limited pre-orders in late October.
There is still time to continue improving.
But no matter how perfect it is, it is unlikely to be too amazing. At best, it can only be regarded as a passing product.
"good!"
Zhang Shuo is not very disappointed. After all, until 2022, VR technology, including VR glasses, failed to achieve any major breakthroughs in the original space and time.
Maili Group, including Fertile Land Research Institute, are not gods either.
It can't be cheated either.
For the development of VR glasses, we can only follow objective laws and proceed step by step.
………
Two days later, Mei Ya released major news one after another.
morning.
Qinghe Group announced that it will join forces with Jiawei Culture and the founding team of Qiyi Video to launch a privatization acquisition of Qiyi Video, acquiring 82.5% of the equity of Qiyi Video at a price of 19.8 billion.
In other words, Qinghe Group’s valuation of Qiyi Video is 24 billion.
Slightly higher than the previous Series B financing.
But compared with Ahri's previous large-scale acquisition of Heyi Group, it is far behind.
In this round of acquisitions, Qiandu will retain 17.5% of the shares, while Qinghe Group holds 72.5%, becoming the largest shareholder and controlling shareholder of Qiyi Video.
In addition, the founding team of Qiyi Video holds 5.6% of the shares as a whole, and Jiawei Culture holds 4.4%.
For Jiawei Culture, this is undoubtedly a big deal. Even if it only holds less than 5% of the shares, it will consume 1.056 billion in funds.
This has almost drained away all the money that Jiawei Culture has retained since its establishment.
Jiawei Culture even needs to pledge part of its equity to the bank in order to obtain a 300 million bank loan. Otherwise, it would not have the strength to participate in this merger and acquisition game.
It can be seen from this that the size of the entertainment industry is actually not that big.
Even if it is an industry leader like Jiawei Culture, in terms of profitability, compared to an Internet giant like Qinghe Group, it is really about the same as Ant.
If the Qinghe Group's fingernails leak just a little bit, Jiawei Culture can be crushed.
It can be seen that the scenery is still superficial.
Just like the Chinese brothers who are still in their prime moment, the current market value exceeds 50 billion. Who would have thought that in a few years, the market value will drop to several billions.
At one time, it was necessary to rely on layoffs to survive the bankruptcy crisis.
In the afternoon, the Dream Fund in Europe officially announced that it would join forces with Vision Fund, Lime Group, and Xinghai Group to launch an acquisition offer for Xianzhengda at a price of US$43.5 billion.
It can be said that one stone stirs up a thousand waves.