Sprinkle coins every day

Hearing what the big boss said, Lu Kai, who was still very worried, suddenly became less worried.

of course.

The attention to Samsung should not be slackened in the slightest.

At least for now, the huge Samsung is still a stumbling block in front of the Germination Group, and needs to be given extra attention anytime and anywhere to prevent it from being attacked.

That was his dereliction of duty as the rotating president.

"By the way, is there any progress in the selection of the Asian region's president candidates?"

Mentioning Southeast Asia, Zhang Shuo thought of this.

"Well, with the cooperation of Director Wu, the initial screening has narrowed down to four candidates, one from Xiangjiang, one from Xingcheng, one from Tianzhu, and one from Java." Lu Kai reported with a smile .

"Forget about the Tianzhu people, let's get rid of them first."

One thing I have to admit is that some of the genes of the Tianzhu people are indeed very strong, and they also have a strong influence in many global multinational companies, and even ascend to the throne of CEO.

But yeah....

Looking at it personally, Zhang Shuo still doesn't want to say that there are people from Tianzhu mixed in the Germinal management team.

Especially at the top management.

will be contagious...

"Okay." Lu Kai had no objection, and said with a smile: "The detailed information of the remaining three candidates will be sent directly to your mailbox later."

Although Zhang Shuo had let Lu Kai go to select candidates before, Lu Kai obviously knew how to measure.

He is only responsible for screening, and the final decision-making power is still left to Zhang Shuo, the big boss. After all, he is an executive at the vice president level of the group. With Lu Kai's current position in the company, it is not appropriate for Qiankun to make arbitrary decisions.

"it is good!"

Zhang Shuo is also very cautious about the important task of developing the Southeast Asian market.

Chapter 400 Tens of billions of financing, Miaomiao bicycle crisis broke out, Zhang Shuo is busy watching the show? !

After Lu Kai left, Zhang Shuo was thinking about the funding issue again.

Not only for the development of commercial aerospace business, but also to consider how to alleviate the pressure on the capital chain of the budding system, and not always dance on the wire rope.

With no money in hand, I always feel that I can't use it.

With the current scale of Germination Group, there are actually many ways and channels to raise funds, but many of the so-called "shortcuts" are subconsciously avoided by Zhang Shuo.

For example, take out high-quality subsidiaries such as Maili Group and Mango Group for financing.

The threshold will be overwhelmed by investors in minutes.

And if Zhang Shuo is willing to take out the parent company of the Germination Group for financing, and with the valuation of Germination breaking trillions, he can easily raise hundreds, or even hundreds of billions.

One can fundamentally solve the problem of shortage of capital chain.

But none of this is realistic.

First of all, subsidiaries such as Maili Group and Jade Bird Interactive Entertainment, which have already achieved profitability, and are still the pillar of profitability, if they raise funds, they will not be able to turn in their profits on time every month as they are now.

Instead, it is changed to year-end settlement.

For Germination, who has movements every month, it is even more inconvenient.

As for the Germination Group, this involves the issue of dividends. Before financing, Germination is actually the Germination of Zhang Shuo alone, so there is no need to consider the issue of dividends.

But once financing, it will face the problem of dividends.

With the shares held by Zhang Shuo, he will unite with the Dream Fund and share more than half of the profits of the Sprout Group. This is by no means Zhang Shuo's original intention, nor does he intend to use this method to increase his personal wealth.

So financing is currently not feasible.

It can only continue to issue corporate bonds to supplement cash flow.

Thinking of this, Zhang Shuo immediately called Cai Feijuan, the newly appointed chief financial officer, to the office, asked Cai Feijuan to sit down on the sofa with a smile, and said with a smile: "The group's capital chain is tight, what can you do?"

Cai Feijuan sat upright, knowing that this was a test for her.

"The group's asset-liability ratio is very healthy, and it is completely possible to continue to issue 100 to [-] billion corporate bonds."

Although the Germination Group's interest-bearing liabilities alone are as high as 240 billion, in addition to cash-like assets, other assets such as foreign investment and operating assets are very large.

In foreign investment, such as Wujiang Technology, Linde New Energy, etc., the market has recently surged.

Needless to say, Linde New Energy has quickly attracted the attention of investors with the help of Mango m1, and is about to open a new round of financing for research and development and expansion of production scale.

Wujiang Technology is even more beautiful.

In January this year, Wujiang Technology released another iconic product - "Phantom".

It's the first ready-to-fly quadcopter that's prepackaged, installs easily, takes off within an hour of opening the box, and doesn't fall apart on the first drop.

The overseas retail price is US$679.

The simplicity and ease of use soon made the Phantom drone the best-selling product of Wujiang Technology, quadrupling the company's revenue with almost no marketing investment.

These two investments led by Zhang Shuo in the early stage of budding development have become legends in the investment circle.

Even known as one of the most successful investors.

Another example is the shock of winter.

In the past year or so, with the double support of Weixin's traffic support and financing funds, it has developed by leaps and bounds, and has firmly secured the second place in domestic e-commerce.

Just wait for Jingdong to go public, and the value of Jingdong shares held by Germination will skyrocket.

In addition, the smart phone industry investment fund, the semiconductor industry investment fund, the college student entrepreneurship development support fund, and the Guochao brand support plan fund under the name of Sprout Investment.

The cumulative number of companies invested has exceeded [-], and most of them have survived, and some are still alive and well.

In addition, there are investments in joint ventures such as Artemisia Maps.

All the above investments are added together, although it is not enough to say that it will create a new sprout, but it definitely occupies a large business territory, and the total valuation has already exceeded 2000 billion.

This is the result of Zhang Shuo's utmost restraint.

Investments that have nothing to do with the budding business, such as investing in start-up companies such as Slow Hands, Zhihu, Character Jump, Bubble Mart, and UC, all involve Fenglei Fund.

Germination wasn't involved.

This also led to the saying that as start-up companies such as Slow Hands began to emerge, Chen Lu, CEO of Fenglei Fund, became a Bole in the venture capital circle, and was even hailed as the angel investor with the most investment vision.

Every time you bet, you can bet.

Among the operating assets, physical assets account for the largest proportion. In addition to the sprouting industrial park, there are also fixed assets such as office buildings distributed all over the country.

Including electronic factories, logistics parks, wafer foundries, etc. can be classified as physical assets.

In addition, operating assets also include intangible assets. As a world-renowned large group company, the intangible assets of its own brand are invaluable.

Adding all of the above together, Germinal's debt-to-asset ratio does not exceed 30%.

No wonder Cai Feijuan said she was very healthy.

Take Tengda, which has the least money, as an example. In 21 years, its assets totaled 1.6 trillion yuan, its liabilities totaled more than 45.6 billion yuan, and its asset-liability ratio was [-]%, which is much higher than the current level of Germination.

It's no wonder that a comparison chart of "those who owe money to the bank vs those who deposit money in the bank" will become popular all over the Internet.

It really shows some kind of cruelty in it.

"Then issue 100 billion, three-year corporate bonds."

Zhang Shuo also decided to play big.

"can."

Cai Feijuan nodded and wrote it down, and suggested with a smile: "If you want to further improve cash flow, you can consider promoting the listing of subsidiaries like Qinghe Technology that are profitable but not large in scale."

Holding the king of Weixin in hand, Qinghe Technology can definitely tell a good story in the stock market.

"The listing of Qinghe Technology alone is not an optimal solution."

Zhang Shuo shook his head and refused, "If you really want to go public in the future, you have to bundle Qinghe Technology with Qingyun Data, Jade Bird Interactive Entertainment, etc., in order to truly gain investors' approval."

The business relationship of the three subsidiaries is too close, and it is not easy to promote one to go public alone.

Not to mention.

Zhang Shuo has planned to start the incubation of the short video business in the second half of the year. If Qinghe Technology goes public before then, the short video business will have to be taken out separately and a new subsidiary will be established.

It will push the current system of Germination to a more bloated point.

It's really not a wise choice.

Zhang Shuo is thinking about how to properly merge some Internet businesses to simplify the organizational structure.

"understood."

Cai Feijuan's expression was slightly stagnant.

Obviously, she hasn't reached a real tacit agreement with the big boss at work.

But in fact, Cai Feijuan was thinking too much.

Zhang Shuo didn't seem to pay much attention to the big and small things that happened in the company, but in fact he knew all about them. Like Cai Feijuan, after taking office, she became familiar with the work and started the improvement and transformation plan of the group's financial system.

Very vigorous and resolute.

Some adjustments and changes to be implemented really caught Zhang Shuo's eyes, and he had to admire——

"As expected of a professional!"

So overall, Zhang Shuo's first impression of Cai Feijuan was good.

I believe that in the next six months to one year, under Cai Feijuan's leadership, the group's financial system will at least usher in a comprehensive upgrade, not to mention rebirth from the ashes.

This is much better than Han Mei who only knows how to work but is unable to focus on the overall situation.

It really deserves the position.

.........

As soon as Cai Feijuan left, Zhang Shuo unexpectedly received a call from Xu Jia, saying that he would invite him to dinner tonight.

"It's strange, you took the initiative to invite me to dinner, did you need me for something?" Zhang Shuo was instinctively vigilant.

"I can't find you if I have nothing to do. Is it my childhood sweetheart?"

Xu Jia on the other side of the phone couldn't help but roll her eyes.

"Okay, send me the address."

Although he had already guessed that Xu Jia might have something to do, Zhang Shuo decided to go to the appointment. As Xu Jia said, the two were "childhood sweethearts", and there were not many people who could ask him for help.

When I rushed to the restaurant at night, I found that girl Cai Miaomiao was also there.

I understand it even more in my heart.

Sure enough, as soon as he saw Zhang Shuo, Cai Miaomiao turned into a dog's leg, helping to carry bags, move chairs, serve tea and water, and even serve vegetables.

"Tell me, is there anything that needs me to come forward?"

After drinking for three rounds, Zhang Shuo brought up the business.

"Hey, brother, you understand me."

Since starting his own business, Cai Miaomiao's level has not improved. I don't know, but his face has become thicker.

"No, recently Ali Dianping and Nomi Dianping have announced that they will test the bike-sharing business. After these two companies are out, what about our Miaomiao bikes?"

Cai Miaomiao was also in a hurry.

The Big Three naturally lost their previous prestige in front of Germination.

But in the eyes of start-ups like Miaomiao Bike, they are undoubtedly super giants, not to mention that the bike-sharing business this time has been targeted by the Big Three at the same time.

It simply does not give people a way to live.

When I found Zhang Shuo, I wanted Zhang Shuo, a myth in the entrepreneurial circle, to give me some advice.

"What do you think about it?"

Zhang Shuo didn't rush to give advice, but looked at Xu Jia with that look.

This bitch.

As soon as he came up, he used Cai Miaomiao as a gunman.