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Chapter five hundred and sixty fifth exchange

Xie An walked away dissatisfied, forgetting Zhou Yongming's advice.

However, the basic cultivation and rationality are still there, and he did not have a big fight with Zhang Yida on Ruixiang's territory.

Things were messed up, and he felt very uncomfortable.

So in the evening, he went out to drink with a few alumni whom he knew from studying at Peking University. Each of them had an extraordinary family background.

He is very aware of the energy of this group of people, and he sincerely hopes that the other party will come forward to help smooth things over.

He explained his demands and said he could come up with a small goal as reward.

The so-called "brothers" didn't say anything and just took care of themselves.

"What's the matter? Isn't Zhang Yida just a businessman? If you ask me a question, why should he give me two cents of thin noodles?"

Xie An was still very good at observing words and expressions. Seeing that the faces of the brothers were not right, he asked again.

"Hey, isn't it just a penny stock company? It's been losing money year after year, so what if it's sold to Zhang Yida?

Is the price sufficient? If not, I will help you."

“It would be better to convert the company into money and exit in one go. Wouldn’t it be enough to get a few hundred million and start over again?

Moreover, the company he founded has a high proportion of equity and no one has any constraints.

When the product is finished, I will help you promote it in mainland China."

"Okay, let's not talk about this anymore. We won't talk about business at the wine table. Come on, let's drink!"



Seeing that these young men with extraordinary family backgrounds all avoided talking about this topic, Xie An seemed to understand something.

"Zhang Yida has a good background?" Xie An couldn't help but ask.

"It's almost the same as your former boss Mr. Che!"

Xie An understood now, stopped talking, pretended to be nothing, and spent a romantic night with his buddies while laughing and joking.

The next day, he returned to Hong Kong and reported all the situations he learned to Zhou Yongming.

"It's hard to do~"

Zhou Yongming took a long breath. He wanted to leave some seeds for himself and others to make a comeback.

But Zhang Yida was not willing to give them even such a small hope.

His back suddenly became rickety. This was the second time he suffered a setback.

The last time was a few years ago, when he lost a power struggle at HTC and was driven out of the company by Taiwanese business god Wang Yongqing and his wife Xuehong.

He once served as the CEO of HTC, leading the company from a foundry to an independent brand, and once became the dominant player in the smartphone market with a market value of US$33.8 billion.

In 2011, it even surpassed Nokia, which was still at its peak. The U.S. market share even surpassed Apple that year, accounting for 25% of the global smartphone market share.

With this, Wang Xuehong became the richest man in Taiwan and was regarded as the most influential woman in the global technology field.

He, Zhou Yongming, is also brilliant and has reached the pinnacle of his life.

Later, he made major management mistakes, which led to a serious decline in HTC's market share.

Wang Xuehong personally returned to the front line, but she could not save HTC.

Nowadays in the mobile phone industry, HTC has lost its voice. Last year, it sold its mobile phone factory and fully transformed into the VR field.

When he came to Digital Domain, he also wanted to make some achievements in the field of VR, so as to be different from Wang Xuehong.

But don't think about it now, he will be kicked out of the company again.

"Okay, sell it!"

Zhou Yongming is 64 years old. He feels that his physical energy has declined seriously and he is somewhat unable to do what he does.

Maybe if I continue to be in charge of Digital Domain, I won't be able to replicate HTC's sales success back then.

Xie An originally wanted to fight with Zhang Yida, but when he saw Zhou Yongming, he became discouraged and pursed his lips, unable to utter any words of persuasion for a long time.



"Mr. Li, nice to meet you!"

In a high-end club in Hong Kong, Zhang Yida smiled and shook hands with Li Zekai.

As soon as Ruixiang's offer was announced, Lijiacheng's Redmond Fund, as one of its shareholders, also received a letter.

Like Victoria Harbor Investment, this fund is one of the many family funds of the Lijiacheng family and has been managed by Li Zekai, a little superman who is proficient in investment.

He contacted Ruixiang and expressed his willingness to accept the offer. He also hoped to meet Zhang Yida, so today's meeting took place.

"Hello, Mr. Zhang!"

Li Zekai laughed "haha" and said, "I have heard that the world's youngest super-rich man is born in the Mainland, and he is also the richest man in Asia. It's a pity that he has never been able to meet him.

I take the liberty of inviting you today, and I hope Mr. Zhang will forgive me."

"My virtual valuation cannot compare with the "hard" assets of Mr. Li's family."

Zhang Yida knew that Lijiacheng had hidden a lot of assets, all of which were infrastructure-related assets such as water, electricity, and so on. His ranking on the rich list always showed about 30 billion U.S. dollars.

This is just the tip of the iceberg, and the real assets may have exceeded 100 billion US dollars.

These assets are more risk-resistant than Internet assets, and their family funds are also actively investing in technology companies around the world.

Facebook, Voice of America, Skype... these foreign technology companies have investments, and the number is no less than 60.

Facebook alone holds 3% of the shares, worth more than $15 billion.

Why are there no statistics on the rich list and they are donated to charitable foundations to avoid inheritance taxes?

"What's virtual or not? Don't you think Penguin Group has dominated China's Internet for 20 years?"

Zhang Yida thought to himself, do you still have the nerve to mention this company?

This is simply a shame to the investment community, and I have become a negative teaching material and a joke in the mouths of others.

At that time, I saw that Ponima's father was the director of Yantian Port and he was a fellow from Chaoshan.

In 1999, Li Zekai and IDG Capital each invested US$1.1 million in Penguin, each taking 20% ​​of the shares. Penguin's post-investment valuation was US$5.5 million.

By 2001, South Africa's MIH bought 32.8% of Penguin's shares at a valuation of US$600 billion, spending US$20 million.

Li Zekai cashed out all 20% of his shares and sold them for US$12.6 million, making more than 11 times his profit.

IDG is a bit of a thief, retaining 7.2% of its shares and not selling them all.

Everyone knows what happened next.

Li Zekai lost nearly 100 billion US dollars for 12.6 million US dollars.

Taking into account the listing dilution, if these 20% were not transferred and sold, we would still hold 18.05% of Penguin shares until now.

Naturally, Zhang Yida would not rub salt into the wound in front of others, so he nodded and said, "Yes, the penguin is getting stronger and stronger."

"I heard that you and Pony had a big conflict?"

Zhang Yida laughed and said, "Haha, has it spread to Hong Kong?

In fact, it’s not bad, it’s just that there is some competition in some areas.”

Li Zekai did not continue this topic, but commented on Musical.ly.

"This product should be the most successful Chinese software application in the world market, and it has great advantages.

I heard that Zuckerberg was worried about Musical.ly’s rapid expansion.

I rushed to launch a Lasso, but the number of active users was less than one percent of Musical.ly’s.”

Zhang Yida smiled lightly, "I can only say that it was relatively successful, but it is far from the time to sit back and relax."

Li Zekai nodded with a smile and asked, "Ruixiang should be on the market soon, right?"

Zhang Yida usually does not disclose this question to others, and gives the same standard reply: "I haven't considered it yet. I still hope that the financial indicators will look better, and it will not be too late to study the listing."

Li Zekai asked with a smile, "I heard that Ruixiang and the Hong Kong Stock Exchange are jointly applying for a virtual bank license?"

Zhang Yida nodded with a smile, "Yes, I see that PCCW, Standard Chartered, Hong Kong Telecom, and Ctrip Finance are also jointly applying. There is a lot of competition pressure."

Li Zekai waved his hand and said, "I misunderstood. Standard Chartered holds 65.1% of the shares and we only hold 10%. We are just joining in the fun."

He looked at Zhang Yida and asked with a smile: "I am really surprised that Ruixiang was able to get listed on the Hong Kong Stock Exchange."

Zhang Yida guessed that the other party must have smelled something. This was actually one of the conditions in exchange for Ruixiang to be listed in Hong Kong.

"If Ruixiang were to be listed in Hong Kong one day, and our fund would be a cornerstone investor, would we welcome it?"

Zhang Yida smiled and said, "Of course you are welcome. With Li Chaoren protecting me, I can rest easy."

Li Zekai smiled and said: "Thank you for the award. Ruixiang has great potential, and the investment is for win-win results."

Li Zekai didn't say anything more, but quickly called his subordinates to arrange for the fund company to accept Ruixiang's tender offer.


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