After meeting Jeffrey and his entourage, Wen Liang was invited into a large and spacious conference room again.
It is another kind of single sofa-style meeting space in groups of two.
Commonly seen in this situation.
Bolang also has a conference room with this layout, which looks very relaxed.
Naturally, the seating arrangements are also very particular.
Wen Liang was arranged to sit next to another Mr. Chen, whose name was the same as Mr. Hengli, the wealthy man who succeeded Liu Bai as the big boss of the city government in January last year.
As for Liubai, who had come from another courtyard to meet Wen Liang, he had already left the courtyard at this time.
In other words, everyone here is a member of the city government and its subordinate departments.
For example, there is Su Hean.
This is actually only the second time Wen Liang has attended such a serious occasion, the last time was in Jiangxia.
But it's very interesting.
Even if Wen Liang is an introvert who is not very good at handling relationships in this kind of situation, he does not need to worry about how to make the atmosphere harmonious and like a spring breeze in this kind of situation.
Because when he is willing to appear on such occasions, it means that he has capital.
Naturally, someone will take the initiative to liven up the atmosphere.
For example, Deputy Chen, who is currently quoting scriptures and talking eloquently: "...Yangcheng has been tolerant since ancient times and has geographical advantages..."
"We have never spared any effort to help the home-grown Gaoxing technology companies..."
Then Chen Jiaxin took over the conversation and expressed the responsibility that a company should bear: "I'm sorry to all the bosses, we at Bolang are sincerely afraid..."
"..."
"..."
Nonsense literature is probably one of the skills that must be learned to cope with this kind of situation.
How to speak nonsense without speaking nonsense is probably a skill.
As Brother Xun said, Chinese people always like to compromise.
Most things always have to be tactful and tactful for a while before getting to the point, such as borrowing money from a fan, or such a scene as now.
After the atmosphere became harmonious, Mr. Chen finally got down to business: "The development of Bolang and Bolang Terminal is obvious to all, and some of the difficulties encountered in the development process are also obvious to all of us."
After saying such official words, Mr. Chen looked at Wen Liang: "Don't worry, Mr. Wen, what specific difficulties does Bolang have at this stage? We can solve them and coordinate them."
A well-placed smile appeared on Wen Liang's face, and he said in a gentle tone: "Because we are fortunate to live in such a beautiful era, Bolang has been able to develop at an unprecedentedly fast pace, which has also led to some challenges and problems that have never been encountered before."
"To be honest, Bolang's foundation is not deep. Using market algorithms to compare companies of the same size, Bolang lacks too many basic links."
“If we have to talk about specific difficulties, the word money is always indispensable.”
Having said this, Wen Liang sighed deeply: "Leaving aside Bolang as a whole, the financial pressure faced by Bolang Terminal alone is too great."
"In the history of mobile phone development, the Xinghai brand has been established for too short a period of time. It can be said that it is weak and its temporary advantages are difficult to sustain. For this reason, Bolang Terminal needs to continue to invest massive research funds in product updates and iterations."
"Due to some well-known external pressures, especially pressures from Western overseas markets represented by America, Bolang Group even had to cooperate with Huali Micro to establish a company for the midstream production link of the semiconductor industry."
"It is difficult to resolve these objectively existing pressures, and it is even more difficult for Bolang Terminal, which has a shallow foundation."
Regarding Wen Liang's euphemistic and candid explanation, Mr. Chen expressed the same kindness: "We did not care enough about Bolang in the past and failed to provide necessary support where Bolang needed it. We deeply apologize."
"Don't worry, Mr. Wen, we are aware of the pressure faced by Bolang Terminal and will never simply stand by and watch."
As he said that, Mr. Chen glanced at the other heads in the room: "These specific issues that Mr. Wen mentioned just now, the municipal development and reform, the municipal finance, the municipal industry and information technology, the municipal state-owned assets, and the municipal science and technology bureaus have all discussed them.
Let’s see how to solve it.”
The municipal development and reform boss was the first to speak: "Mr. Chen, Mr. Wen, regarding the development pressure faced by Bolang Terminal..."
"..."
Members of various departments expressed their attitudes.
Great attitude.
Because this was something that had been determined before Wen Liang came, Yangcheng must show a sufficient attitude to fully support the development of Bolang Terminal.
At the internal meeting, Mr. Chen stated bluntly that Bolang Terminal is not only the sycamore tree of Yangcheng, but also the golden phoenix of Yangcheng.
It is necessary to cultivate this sycamore tree and raise this golden phoenix well.
This is actually no exaggeration.
After 17 years, Juchang’s treatment in Pengcheng is countless times better than the treatment Bolang Terminal receives now.
At that time, Yu Dadong, in his internal speech, said that when he attended the official dinner organized by Pengcheng, it was just to show off to others.
You must know that Yu Dadong was not the owner of a chrysanthemum factory in the 1920s.
At this moment, the achievements made by Bolang Terminal are even more influential.
The popularity of Xinghai 1 in the domestic market is obvious to all, and the competition with Apple is also obvious to all. It can be said that it has forced Apple executives to come to Yangcheng.
Sex Hai1 is also a best-seller overseas.
Although the Stars Apps operated overseas so far still do not have the three-piece set of YouTube, Twitter, and Facebook, this does not hinder the enthusiasm of overseas users to purchase.
Right now we are just transitioning from feature phones to smartphones.
Also, XingHai1 is just an App that does not have these social platforms. It does not mean that you cannot use these social platforms on XingHai1 - the development of H5 technology makes the web version experience of using these applications on mobile browsers barely passable.
You must know that these social platforms first developed PC web versions, and are now slowly turning to mobile platforms!
Moreover, Stars Apps includes range, which has been developed based on mobile terminals from the beginning, as well as the international versions of Xiaochengshu, QQ, and Weibo, which have been eyeing.
On the other hand, there is another important point. Compared with the other three first-tier cities, Yangcheng does not have many large companies to offer.
For example, Pengcheng has a number of well-known private companies such as Juchang, White Goose, and BYD, as well as large companies such as China Resources and China Merchants Bank, a subsidiary of China Merchants Group.
There is no need to say more about Shanghai.
Not to mention Beijing.
What is there in Yangcheng? There is NetEase, which raises pigs in Yangcheng. There is... Evergrande Real Estate, which will owe two trillion yuan in the future. There is... I don’t know.
Finally, Yangcheng often falls out of the first line and has always been dubbed the super second line.
At present, there is Bolang Terminal, a high-quality enterprise that has been marked by the Yangcheng mark from the beginning. It has established a unique position in the industry since its birth. How can Yangcheng not pay more attention to it.
Not to mention that in the past month, Yangcheng used Bolang Terminal to steal a lot of Apple.
All in all, after this discussion, the final consensus reached is this.
"We have a good foundation for cooperation with Bolang Terminal through Chengtou, and we hope to continue this good cooperation with Bolang Terminal."
The translation of this sentence is:
Some matters that need to be resolved by various departments have been discussed just now. The most specific financial matters of Bolang Terminal are still led by the National Development and Reform Commission for detailed consultation. As for the magnitude of funds required by Bolang Terminal, Bolang Terminal will first propose it.
Come out, develop and make judgments, and strive to meet the needs of Bolang Terminal.
There are so many people here who are not stupid.
For Wen Liang to describe the financial pressure of Bolang Terminal with two consecutive words of "too big, too big" is enough to illustrate two things. The research investment of Bolang Terminal is indeed very large, and Wen Liang's appetite may be greater than imagined.
Therefore, even if everyone is gathered together, they still dare not say enough.
In addition, there is another very important thing. Everyone knows that according to the prevailing market rules, the current valuation of Bolang Terminal is actually terrifyingly high.
Because there are two consecutive months of operating revenue here, it is enough to prove that the market operation of Bolang Terminal has been successful.
There is almost no doubt that Bolang Terminal is now valued at 500 billion.
Even if you can't use the algorithm of Internet companies, or even use the price-earning ratio algorithm of the primary and secondary markets, based on last year's sales data of Bolang Terminal, the revenue in a single year may be as high as 250 billion. Doubling the valuation is already
It’s an algorithm of lowering and lowering again.
If we calculate one year's net profit based on the average of the past two months' net profits, and then compare it to Apple's current price-to-earnings ratio of 10 to 11 times to arrive at a valuation, then Bolang Terminal's valuation should be more than 750 billion.
Under such an advantageous situation, Wen Liang also said that the financial pressure was too great and there was no need to say too much.
…………
After the pleasant meeting ended, Mr. Chen took the lead in sending Wen Liang and his party out of the compound.
After wandering around for about twenty minutes, Wen Liang and his party returned to IFC.
The city government compound is on the Yuexiu side, not close.
There are often jokes on the Internet that when visiting Yangcheng, don’t look at the East Tower and West Tower of Zhujiang New Town, but look at Yuexiu Dongfeng, because there are courtyards in Guangdong and Yangcheng.
Of course, this nickname is actually not accurate.
If you really want to see it, you should look at Hequn No. 3 Road opposite Dongshan Lake Xinhepu.
Otherwise, why would Wen Liang go there to buy a property?
At that time, I was thinking that I could still be a neighbor with the sea. Neighbors separated by a small river can also be considered neighbors~
It's a pity that the house was bought, but the quality is really not good.
The sea has also moved away, so of course the neighbors can't do it.
Back to Bolang.
Wen Liang invited Li Ze over, and together with Chen Jiaxin, the three of them drank tea in the general manager's office.
Chen Jiaxin first raised his doubts: "The adjective you used at the meeting was quite 'exaggerated'. Do you want to raise a lot of funds this time, or do you not want to release many shares?"
"This financing is to increase capital and expand shares. As long as we control a reasonable proportion, it doesn't matter if we release shares. It is local investment anyway, and we will eventually withdraw our shares gradually."
Li Ze did not attend the meeting, he just listened and was not in a hurry to speak.
Wen Liang took a sip of tea: "It's both sides. I actually have the same idea as Yangcheng. I don't want to push the valuation of Bolang Terminal too high too early, which is not conducive to the solid foundation of Bolang Terminal.
Friendly development in the future.”
"However, this time Yangcheng took the initiative to relent, and there is no reason not to take advantage of what is being said, so we have to show the proper attitude."
"As for the funding gap in the upstream basic research of semiconductors, I want to solve it once and for all through this time. This is on the one hand, and on the other hand, we have to make some small attempts."
"Originally, this attempt was placed in Jiangxia. After all, there is more confidence there. If it doesn't work, let Lao Li take the lead~"
"There is such a good opportunity now, it is not good to waste it."
Chen Jiaxin understood immediately.
Li Ze also understood: "So I have to go out for a round of interviews first, reveal our thoughts and intentions, and leave a certain amount of room for maneuver. If it doesn't work, you can come forward and make some maneuvers."
"Yes." Wen Liang nodded lightly, "What the meeting meant is that we hope that Bolang Terminal will now control the market valuation at 500 billion. I have no objection to this. What I want is to expand 1.5 billion shares this time."
Li Ze responded: "I understand."
The current shareholding ratio of Bolang Terminal is 40% held by Yangcheng Urban Investment, 6.67% held by Huagong Asset Management, and 53.33% held by Bolang Group.
In the initial financing matter, it has been made clear that Huagong Asset Management will not participate in the investment. It began to reduce its holdings in December this year and returned to zero in December 2017.
This is a standard financing process, and it is easy to calculate the pre-money valuation, post-money valuation and new shareholding ratio.
After the capital increase and share expansion, the shareholding ratio of Huagong Asset Management will be reduced proportionally. Similarly, the shareholding ratio of Bolang Group will also be reduced. If the investment is still made through Yangcheng City Investment, the major shareholder will change hands.
It doesn't matter whether the major shareholder changes hands or not, but Wen Liang believes that Yangcheng Urban Investment should not be able to absorb it, and the number of shareholders will definitely increase.
…………
At around three o'clock in the afternoon, Su He'an, the city's development and reform leader, and the city's state-owned assets-related personnel came to Bolang with several chairmen of municipal companies.
Wen Liang came out to greet him.
Then he excused himself and left, leaving the scene to Li Ze and Chen Jiaxin.
Neither Su Hean nor anyone else had any objections to Wen Liang leaving, and they were even a little relaxed.
The main reason is that they are somewhat high-end sources of information and know what kind of big shots Mr. Wen Liangwen chats and laughs with in the capital.
Moreover, I also saw Mr. Wen's simple and simple aura in the courtyard in the morning, which made Mr. Chen always keep making promises, but he was calm and calm.
In addition, Chen Jiaxin herself now often chats and laughs with relevant celebrities, basically at the provincial level.
Although Li Ze is the boss, everyone also knows Mr. Ze’s appearance.
Besides, there are not many people coming from Yangcheng.
No matter what, it falls into the category of being unable to pick out etiquette.
After the inevitable pleasantries, Li Ze took the initiative to bring up the business: "To be honest with the bosses, Bolang Terminal's current financial pressure is indeed not small."
"We have no market plan to refer to. We can only make some summaries based on some visible data. At present, we believe that the market valuation of Bolang terminal should be 500 billion."
This was recognized by Su and An.
I mentioned it this morning.
There's nothing to say, no need to go back on your word.
Later, Li Ze made good use of Brother Xun's conciliatory play: "According to the current severe development situation, we hope to expand our shares by 3 billion shares and raise 150 billion yuan."
Su Hean: "..."
He was stunned at that time.
He even stared directly at Li Ze, wanting to ask directly, do you understand the concept of 150 billion?
However, Li Ze also added an explanation at this time: "Actually, this amount of funds is not very large. It is probably the current two-month revenue of our Bolang Terminal." -
