Chapter 312
In some books and discourses, is it customary to compare China's business circles to Jianghu?There may be such a reason, Chinese people like to do business like Zhatui!As long as a certain business makes money, all businessmen will flock to it.

For example, in the era of Daoye: one billion people and [-] million people are down, and there are still [-] million people who are looking for it.For example: VCD era.

So in 2016, looking back on China's business process since its reform and opening up, it is really similar to the rise and fall of famous martial arts schools in martial arts novels.Several times of wind and rain and several degrees of autumn.

Shortly after the "Phoenix Film and Television Appreciation Banquet" on October 2016, 10, various rumors in the arena were turbulent, but it seemed that nothing had happened.

It was in this peaceful atmosphere that Jing Gao gave his girlfriend Li Mengwei a simple and warm birthday on October 10 in a courtyard house in Beijing.Give Weiwei a small jade Buddha pendant made of the imperial green jadeite he bought from Ren He.

However, the gathering of dark clouds will eventually turn into a storm!In a few days, after Cai Congxin took over the matter, he kept meeting with the top domestic investors, the heads of state-owned capital, and the shareholders of Didi.

In the afternoon of the 17th, before Didi announced that it would hold a media conference at the Peninsula Hotel in Shanghai at 19:00 tonight, Cai Congxin held a small-scale internal core meeting in the Peace Hotel where he was staying.

There were only four participants: He, Cheng Wei, Liu Qing, and Ren Zhi.

Since its opening in 1929, the Peace Hotel has always been a landmark building in Shiliyangchang.And it is located in the most prosperous business district in Shanghai: Nanjing Road.It was once known as "the first floor in the Far East".

In the living room of the luxurious suite on the 12th floor, Cai Congxin, who was 53 years old at the time, sent out all his assistants, sat on the sofa, crossed his legs, and smoked a cigarette.

Cheng Wei, as the younger brother, is reporting his achievements in the past few days, "Mr. Cai, the shareholders that Mr. Ren and I visited basically agree to continue to hold Didi shares and agree to sell part of the shares to us. Among them, Mr. Ren has helped me a lot.”

Ren Zhi was the youngest among the people present at the age of 23.Looks white and clean.For today's party, he also specially brought a flat mirror to add a sense of stability.At this time, he said modestly: "I am also optimistic about Didi's development prospects."

He mobilized $10 billion to buy a stake in Didi within a week.When he and Cheng Wei went out to talk, they all took back the shares in the name of Didi.But it was actually eaten by him.Of course the price is a bit high.

滴滴在9月初的时候最高估值有335亿美元。现在估值跌落到约220亿美元。这是咨询公司给出的最新估值。而任治是按照300亿美元的估值收购的,合计拿到滴滴约3.3%的股份。

He successfully became a shareholder of Didi, and incorporated the big data algorithm of Xinghan Digital Technology Co., Ltd., which he controlled and mastered, into Didi's operating program.

As we all know, artificial intelligence and big data algorithms require a large amount of sample data to be iteratively upgraded.The one that has done the best in the recommendation algorithm is a short video company.The one that quickly knelt down after being threatened by the king after going out to sea.

Cai Congxin nodded and praised: "Mr. Ren has worked hard."

With Cai Congxin's status in the arena, it is entirely acceptable for him to call Ren Zhi "Xiao Ren".However, considering the status of Ren Zhi's father, Ren He, in the domestic business circles, he can't put his predecessors in this way.In this game, did they use Ren Zhi's funds?And the reputation of the Galaxy Group!
Liu Qing continued: "Mr. Cai, I have learned specific information here. Uber's new round of financing on October 10 only received less than 14 million US dollars in financing. In the next competition, it is only A drop in the bucket. Venture capital institutions such as Hongbin Capital, ZhenFund, IDG Capital, and Hillhouse Capital all chose not to sign the contract after the negotiation.”

"As expected." Cai Congxin lit his cigarette, and Shen Nanpeng and the others talked about it himself.Pass the information at hand to Cheng Wei, "This is the personal information of Jing Gao, the real controller of Phoenix Fund. Please pass it on."

When Jinggao acquires "Yidao" under the name of LeTV, he will ask Guan Guan to check Mr. Jia's background.Now that Ali and Fenghuang have been tit-for-tat to this extent, how could the Ali department not investigate the bottom of Jinggao?

This personal information is more detailed than that found by Shao Sisi, assistant to the chairman of Fangyuan Group and Jing Gao's classmate, that day.

"Mr. Cai, this..." Cheng Wei was extremely surprised after flipping through it. Jing Gao's resume is very unreasonable!Seeing the doubts on Liu Qing and Ren Zhi's faces, he reacted, split the documents in his hand, and handed them to Liu Qing and Ren Zhi.

Cai Congxin was smoking a cigarette leisurely, looking like a boss, and after the three of them had finished reading, he said slowly: "Through this material, we can clearly see that there are some current rumors about Jing Gao, such as his It can be ruled out that he is a rich second generation from northern Jiangsu. His relatives within the fifth server have all been checked, and there is no rich man."

A "within five suits" reveals the means and arrogance of the Ali family!
Ren Zhi took a breath in his heart.In fact, this situation was completely beyond his expectation.

As far as he knew the news, whether it was from his father, sister-in-law, or from the circle of friends, it was basically agreed that Jing Gao was a rich second generation in Jiangsu Province.After all, China's GDP is now the second in the world. Isn't there a hidden rich man among the people?Eighty percent of them are.

But this reasonable explanation has been completely overturned so far.

Cheng Wei said with emotion: "Mr. Cai, Jing Gao, who has always been mediocre, suddenly became rich in April this year, and began to consume and invest heavily. He owns textiles, real estate, banks, venture capital, film and television, etc. The assets of online car-hailing. No matter how you look at it, it feels strange!"

Liu Qing nodded in agreement.

Of course, she didn't think that Jing Gao would be a foreign spy who was funded by some organization.This logic is the same as when Zhao Canglong checked the bottom of Jinggao at that time. How can any spy agency give 200 billion US dollars to one person?
Do you really think the dollar is waste paper?Don't even think about it.No one dares to write like this on the Internet.

Cai Congxin pointed to the tea table in front of him, and said, "I have entrusted my friends in the domestic banking system to check, and all the sources of Jinggao's funds are legal. The key is that he is unreasonable.

However, it is impossible for us to find his 4-hour surveillance video during those few days in April.My assistant told me that the general public surveillance video is kept for three months.

So, we don't know who he met and suddenly became rich.We can only make a bold and reasonable conjecture that he is currently the agent for certain overseas funds to come into China! "

The scale of foreign investment coming in from China every year is an astronomical figure.According to statistics and published data, in 2015 China attracted as much as US$1260 billion of foreign investment.Note that this is just one year of data!

Moreover, this is funds from formal channels, not including hot money coming in through underground banks and shadow banks.

Cheng Wei sat on the sofa, took a sip of mineral water, shook his head and sighed, "It's unbelievable."

Cai Congxin said with a smile: "It's unbelievable but you have to believe it. Think about it, hasn't he done a good job in the past few months? If Uber can merge Didi, as long as it is listed on Nasdaq, the financial backers behind him But big money!

So, we can't take him lightly because of his poor work resume five years after graduation.Nor can he be denied just because he studied at a second-tier university and failed in the college entrance examination competition.In fact, we cannot use the traditional elite template to apply to this person.

You are all still young, Mr. Ren's father should know something about it.In the era of burning passion, how many rich and rich people started in the grass, and they were famous for a while?I will give a few examples.

What was the educational background of Mou Qizhong, the entrepreneurial idol of the whole people and the richest man in the country, and at what age did he start to show his business talent?

What is Hu Guangbiao, the boss of Aiduo VCD, who was treated like a carpet and a private jet at the Philips headquarters?

Another example is Huang Guangyu from Gome, what education is he?Junior high school dropout.Also boarded the throne of China's richest man.

Therefore, the experience of extraordinary characters must be extraordinary.Of course, only a few of these reckless heroes can turn into dragons in the end, and the companies under their names can still survive.Let's guess that this time we are going to be the gold standard for Jing Gao and Phoenix Fund. "

Ren Zhi nodded in conviction. The words "testing stone" show Mr. Cai's strong self-confidence.

Cai Congxin: "Therefore, based on this judgment, our next response strategy is very clear.

First, we have to assume that Jing Gao has an extremely large amount of liquidity in his hands.This is the worst-case scenario.But we have to make such a presupposition.The price war of the Phoenix Fund is so fierce, burning 30 billion US dollars a month, it must have confidence.

Secondly, we should clearly see that Phoenix Fund's domestic business foundation is very weak.Just to keep them on their toes.It is not the same as our Ali's influence.

So, first, we should make it clear to our employees that we should not be afraid.In the field of the Internet of Flowers, Taobao has done such things as burning money to kill opponents.It happened during the Thousand Regiments War.In the past two years, you have also experienced the same in the field of online car-hailing.

This is an internal problem.It must be resolved first.A team can only win if its morale is restored.Xiao Cheng, you and Liu Qing are in charge.Some overtime subsidies can even be paid appropriately. "

Cheng Wei said convincingly: "Okay, Mr. Cai." The boss's perspective is different.In the midst of fierce competition, the first thing to do is to do your own thing well.

"Second, how do we kill Uber?

I basically agree with the judgments of Liu Qing and Xiao Ren.China's market size and capital are not enough to support the two online car-hailing giants to burn money.We must face up to the reality that Didi is on the defensive.We save our funds and keep Didi's survival in key cities!The bulk of the share can be taken by Uber.

There is an old saying in China, which is called "hardness cannot last long, and softness cannot be guarded." 'We can't just go defensive.Let alone hope that Uber will burn through all the money in a few months.In this stage of strategic stalemate, how do we break Uber's offensive?
three points.First, at the press conference in the evening, we will use the attitude of the weak to drive domestic public opinion to boycott Uber..."

Listening to Cai Congxin's clear plan, Ren Zhi felt a little complicated.He dared to join Didi, and Da Jinggao made a sap, because he thought Didi could hold on.But he was too young after all, which was rejected by Mr. Cai.

Mr. Cai's thinking is very clear, and he cannot compare with Phoenix Fund in burning money.Even if Didi is supported by two consortiums, Ali and Yinhe.Instead, it should compete with other commercial means.

The question now is, how to mobilize public opinion to boycott Uber?patriotic?There's nothing convincing about that!Didi’s shareholding structure is also very complicated.You go to say that Uber is a foreign-funded enterprise, and the effect is limited.

Behind Cai Congxin is a huge think tank to provide support for his decision-making. At this time, his voice continued to reach Ren Zhi's ears: "

The number of online car-hailing users is extremely large, and these user data cannot be placed in the hands of a foreign-funded company like Uber!We, Didi, will report to the relevant departments.The ultimate goal is to persuade the state power to intervene, so that we can occupy a dominant position in the merger of Didi and Uber. "

I go.

Awesome!
Ren Zhi felt a bolt of lightning piercing the dark sky.The haze caused by the misjudgment of Jinggao's identity and the misjudgment of funds hidden in his heart disappeared.

It sounds like Mr. Cai has other means of business competition.

(End of this chapter)

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