"The Voice of China" was quickly prepared, and in the blink of an eye it was early March.
Before going to the United States, Yao Yuan met with the Export-Import Bank of China, Bank of China, ICBC, China Construction Bank and other giants under the guidance of the Ministry of Commerce.
Mainly understand the financial policies of overseas acquisitions and investments.
The state encourages domestic companies to go global, hoping that they can acquire some high-quality assets, high-tech, etc. If the project is relatively certain, these banks will usually provide low-cost loans.
But regulatory regulations: M&A loans can only be up to 50%.
What should companies do if they have no money?
Generally, the method of "domestic guarantee and overseas loan" is adopted: the domestic bank issues a letter of guarantee for the enterprise, and then the offshore center issues a loan to the enterprise - in fact, the domestic bank issues the guarantee, and the overseas branch issues the loan, and the loan is in US dollars.
By taking a detour, we bypassed supervision.
The most typical example is Wanda. Wanda spent US$15 billion on overseas purchases. Do you think it was all Pharaoh’s money? It was all loaned out through domestic guarantees and overseas loans.
Lao Wang became the richest man and was once a representative of Chinese businessmen. He bought buildings in Australia, a yacht company in the UK, and movie theaters and film companies in the United States. At his peak, his family accounted for 15% of the global theater chain!
That floats, it floats so much.
Then he was beaten.
Because of capital outflows, policies have been tightened and supervision has become stricter.
Moreover, it is said that Wanda competed with the state for a project in Malaysia, undermining the national strategy. There are various opinions on this matter, but there is no authoritative certification.
In short, the key point is: you spend the money in the bank and you are still so happy, you are so lazy, you should pay me back the money first.
After that, Wanda started a liquidation sale and sold countless small targets. Then the epidemic hit and commercial real estate was completely wiped out. Wanda was a blessing in disguise and recovered again.
Yao Yuan kept the lessons learned from his ancestors in mind.
He never talks nonsense in public, talking about small goals, blessings, I just transfer assets legally... That is simply a suicidal behavior.
He has always been upright, hugging his thighs tightly, and transformed into a patriotic entrepreneur in a gorgeous way.
…………
One night, Yao Yuan and his party arrived in the cold New York.
The market response to wheat grains was not very promising, so there was no fanfare and the schedule was relatively low-key. I rested overnight that day, met with the underwriters the next day, and then went public.
There are more than a dozen people, and there are no celebrations in China. It cannot be compared with when Yao Yuan went public.
Yu Jiajia has experienced it once and feels quite familiar with it.
I went to the Nasdaq building in Times Square early in the morning again. The xiaolongbao and spring rolls provided on the first floor have not changed, they are still as sweet as ever.
Xu Meng was the most excited. She also had shares. She took pictures everywhere with a broken camera and was going to post on Weibo: "Who knows, my family? The female anchor who was just a sidekick has become the CEO of a listed company..."
While waiting, Yao Yuan drank coffee and chatted with Yu Jiajia.
"Why didn't you bring anyone here?"
"Who to take?"
"Gao Yuanyuan, Liu Yifei."
"What are they getting involved with in such a big event? I just stay in the country. If I am photographed by someone, I go public with a few female celebrities. What will it look like!"
"Hey, you're quite traditional."
As soon as Yao Yuan said this, he thought it was a bit strange and didn't bother to think about it. He took a sip of coffee and said: "This time I have a tight schedule and a lot of things. Let's meet face to face first. We have to take our time to get to the details."
"I've always been a little worried. If you want to buy something in the United States, the government won't care?"
"At least we don't care about it now, but we can't stop doing it just because it will be taken care of in the future."
"You are such a contradictory person."
Yu Jiajia sighed: "You talk about making money and making money, and that's what you do, but you can always do something serious while making money, something that others can't do."
"It's not a contradiction. It's like the nouveau riche who always like to create some works of art."
Yao Yuan smiled. Except for Yinyin, he never had in-depth communication with anyone. He quickly changed the subject, and after a while, he said: "Hey, they called us, let's go!"
The group of people cheered up to the second floor.
Just like last time, I rehearsed in advance, moved around, and worked on it for 20 minutes, and then started.
People from all walks of life talked, pressed buttons, flew ribbons, rushed outside to take photos with the big screen, and rushed back again.
"I'm nervous!"
When Yu Jiajia went upstairs, her legs were shaking.
"It's okay, it's okay. It doesn't matter if we break. We have great potential. We can just rise back in the future."
Yao Yuan comforted him and went back to the second floor to take a look. The huge screen displayed the stock price of Maili Video: the issue price of Maili was only 15 US dollars, and now it is 17 yuan.
"call!"
Yu Jiajia breathed a sigh of relief and began to accept various interviews, exchange gifts and so on.
It was a torturous day, and she was not even in the mood to go shopping. Fortunately, at the close of trading, the stock price did not break, and the total market value reached US$3.3 billion, and the IPO was US$200 million.
US$3.3 billion.
At least within five years, Chinese video websites will be at this level in the U.S. stock market, and it will be good if they don’t fall.
The US$200 million from the key IPO can solve Mai Li’s urgent needs.
Burn money!
The annual server and bandwidth fees are more than 300 million yuan, and the production fees and copyright purchase fees were more than 200 million yuan last year. Plus labor, promotion and other costs, how can it be recovered with those advertising fees?
The video is worthy of being a gold-eating beast!
So it was hard for her to imagine how much it would cost if Hugelive was built?
Of course, at this moment, Yu Jiajia was very happy. She quickly calculated that she had 18% of the shares and a net worth of nearly 4 billion yuan. Not to mention she also had shares in 99 Entertainment, Jiahe, and Hugelive!
"congratulations!"
"Joy and rejoice together!"
Yao Yuan, whose net worth is more than ten times hers, cupped his fists to congratulate her, and Yu Jiajia happily returned the gift.
oops!
I have no problem entering Hollywood with my wealth, Scarlett Johansson, Anne Hathaway, Charlize Theron... "Meiyu started when I dumped Liu Yifei"!
…………
After the listing, most of the team returned to China.
Another group of people sent by Yao Yuan in advance came with news one after another. They divided their forces into two groups: one went to California to discuss the acquisition of several buildings, which will serve as Hugelive's U.S. headquarters.
Went all the way to DCP Group.
DCP Group is an American television program producer that owns more than 20 IPs including the Golden Globe Awards, American Music Awards, Billboard Music Awards, American Country Music Awards, Times Square New Year Countdown Party, etc.
They produce these programs and then cooperate with TV stations to obtain some broadcast rights, advertising and other income.
In 2016, Wanda set its sights on DCP, with an asking price of US$1 billion.
The negotiations were almost completed, but unexpectedly, the policies of both countries were tightened at the same time.
China’s policies are those mentioned above;
U.S. policy was due to Wanda's series of acquisitions in the United States, which gradually hurt the nerves of capital and government. Moreover, Trump also came to power at this time and suddenly became tough on China...
A combination of factors led to the failure of the acquisition.
Hugelive is positioned in the global market, and its content includes film and television dramas, animations, variety shows, etc. These copyrights owned by DCP will be a good filler.
Yao Yuan used to like to do evil things, but there was nothing he could do about it. Who would want to do this if he had the strength? Who wouldn't want to crush him in an upright way?
Now that he is the richest man in any way, he is going to sea according to the order, so naturally he has to make some big moves.
(No more...
I have been in bad shape these past few days, so there will be four updates tomorrow.)