As a subsidiary, Gree took the lead in completing financing, and although the price offered by Huirun Real Estate this time was not the highest, it was not too bad either.
32 billion yuan in cash, coupled with the fact that Huirun Real Estate will use the Longteng smart home solution for its finely decorated houses in the next ten years.
These are the conditions offered by Huirun Real Estate. Although it seems much lower than the RMB 40 billion offered by Hairong Group, the order given by Huirun Real Estate is very affordable.
What's more, behind Huirun Real Estate is the huge Huirun Group. Huirun Group is very powerful. China Resources Group is the boss's state-owned enterprise and owns six listed companies in Hong Kong. It ranks 86th among the world's top 500 companies and is very powerful.
Huaren Real Estate is one of its listed subsidiaries, focusing on real estate development and has strong strength.
However, Chinese Real Estate also wants to transform slowly and cannot put all its eggs in the real estate basket.
China's real estate industry is declining, and now the whole country is learning from the Guizhou model. In the past year, many small real estate companies have declared bankruptcy, and the profits of large real estate companies have continued to decrease.
China's real estate industry is declining step by step, and all real estate companies are undergoing transformation.
This time the financing of Longteng Group's subsidiaries has also allowed China Resources Real Estate to see opportunities. Especially in the decoration department, this is the goal of China Resources Real Estate.
Because China's new real estate policy now requires the delivery of finely decorated houses, this requires China Resources to choose a decoration plan.
As a top-notch smart lifestyle product, Longteng Smart Home is currently considered by many people to be the best quality and top-notch decoration solution.
Therefore, China Resources Real Estate has now cooperated with Longteng Group. And the cooperation will be further expanded in the future.
Since Longteng Group has made this money, China Resources Real Estate naturally wants to recoup its capital and directly invest in a decoration company.
In this way, you can get back some of the money you spent. At the same time, you can also make a lot of money when these companies go public in the future.
RMB 32 billion directly doubled Gree's market value. At this price, Gree's market value now directly reaches RMB 160 billion.
Hairong was even bolder and directly raised Gree’s price to 200 billion yuan. This shows Gree’s potential.
No company knows the strength of the Longteng Group's home appliance department better than Hairong. As an established home appliance group, Hairong is well aware of the power of the Longteng Group's home appliance department.
This strength lies not only in marketing, channels, and product quality. It also lies in real technology. Although it was established late, many technologies are already leading the world.
For example, Gree's intelligent inverter air conditioner is not only environmentally friendly, but also more energy-saving. Through the cash's intelligent control system, it can accurately control indoor temperature, compressor operating power, etc.
In terms of energy conservation and environmental protection, Gree air conditioners are more energy-saving and environmentally friendly than Hairong, and they are also more intelligent. Hairong is currently unable to do that kind of intelligence, although Hairong cooperates with other Internet companies.
But in terms of intelligence, no company can compare with Longteng Group.
This is not only true for air conditioners, but also for other home appliances. Hairong’s investment in R&D funds cannot match that of the Longteng series.
Backed by Longteng Group, high benefits attract real talents. Forty percent of R&D funds can be freely used. Who can compare with such a generous effort?
Hairong Group feels powerless. The system and complex interest relationships determine that Hairong Group cannot be like Longteng Group.
If there is insufficient investment in R&D funds, we will not be able to develop advanced technologies. If employee benefits are not good, we will not be able to attract real talents.
In recent years, more people have resigned from Hairong and joined the Longteng Group, and many of them are top talents. But they still resign and go to the Longteng Group to enjoy better benefits.
"Gree Group completed financing, and Huirun Real Estate won 32 billion yuan to obtain 20% of Gree's equity..."
"Hisense Group completed financing, and Hairong Electric became a shareholder of Hisense with RMB 8.2 billion..."
"Nippon Paint completed financing..."
"Haier completed financing..."
As the Spring Festival approaches, the news suddenly becomes lively. There are constant revelations about the financing situation of Longteng's subsidiary companies.
A subsidiary company has completed financing. There are many subsidiaries and the financing funds are also different.
Home appliances, catering, clothing, decoration...
There are many industries involved this time, and the number of subsidiaries involved is also very large.
The most important thing is the price. The financing prices of many companies are even double, triple or triple higher than Longteng Group’s internal estimated price.
This kind of financing method and such financing price make many people salivate.
"It's amazing, powerful financing can be so willful..."
"Look at the financing of other companies, and then look at the financing of Longteng Group, one in the sky and one on the ground..."
"If half, no, even one-tenth of the companies in Huaxia were like this, Huaxia would have become the number one in the world long ago..."
"It's amazing..."
"Brother Fan's net worth has skyrocketed again..."
"What's this? After going public, Brother Fan's net worth will become even more impressive..."
"Nima, if the core company raises funds, the price will probably be astronomical..."
"Why do other core companies raise funds? Bus is making profits, so why should they let it out..."
"Yes, Huawei can easily earn tens of billions of dollars a year. Who would be stupid enough to raise funds..."
"The annual system usage fee of Longteng system is tens of billions of dollars..."
"Legendary..."
Netizens started talking. With the financing of the subsidiary, Zhang Fan's net worth skyrocketed again, and this is still a known price.
This time, the subsidiary’s original internal valuation was RMB 360 billion.
After this financing, the company's valuation skyrocketed again. Adding up all subsidiaries, this financing received a total of 150 billion yuan in cash.
If 20% of the shares are obtained in such cash, the total market value of the financing subsidiaries will reach 750 billion yuan.
These subsidiaries alone brought Zhang Fan's net worth to such a published figure, which shocked everyone.
This number alone makes Zhang Fan become the top rich man. According to the currently published figures, Zhang Fan's net worth should be ranked second in the world.
750 billion yuan, converted into US dollars 108.2 billion US dollars. This is just these worthless subsidiaries. The core company has not been listed at all and has no valuation. No one knows how much it is worth.
Even the market value of these subsidiaries is as high as this. If these subsidiaries were all listed, Zhang Fan would become the world's richest man just relying on the value of these subsidiaries.
In fact, many people have already accepted Zhang Fan's status as the world's richest man. Of course, the world's richest man is only an announced rich man.
In fact, those consortiums hidden in the dark are not counted at all. Those are the real giants. In their eyes, these so-called richest men in the world do not pay attention at all.
But even if they don't notice it, they are already wary of Longteng Group at this moment, because Longteng Group has risen too fast.