I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 695: Dibao Round D!
It has been a week since the meal at Songjiang Restaurant.
Today is also the day for Dibao to raise funds.
However, the overall situation is not as lively as when Aomori raised funds some time ago.
When Jiang Hao went upstairs, although the atmosphere in Dibao Technology Company was full and there were even banners celebrating, there were not many people in the conference room.
Apart from Professor Duan and Pang Yi, only Professor Zheng and Lu Weiming were present.
Also here is Gao Yan from Hillhouse Capital.
"Brother Jiang, haven't you visited Youke recently?"
"The game they developed, wow! The monster module is so exquisite!"
It seemed that Lu Weiming had just come down from the tour group upstairs, and he was full of praise for the current development of "Black Myth: Wukong".
"I'm too busy lately. How about this, after Dibao raises funds, I'll go with you to take a look."
Considering that 3A game development is not easy, Lu Weiming and I, as both investors and mentors, could not fail in encouraging the team members.
It is also important to provide the team with some emotional value and confidence in what they are currently developing.
"Sure! I went to the tourist department this morning and stayed there for a short while, and Xiao Feng started talking about you to me."
"With your encouragement, they will surely be able to develop vigorously!"
In addition to leading some businesses, Jiang Hao's work is gradually developing into a mascot.
Without asking him to actually do anything, just going over and praising him can give people, especially entrepreneurial teams, great confidence.
Jiang Hao himself was not very familiar with this feeling or change in identity, so he did not continue the topic for now.
"Brother Lu, are you really settling in Songjiang?"
"Of course it's true. I've given up the liquor business. From now on, I'll follow you, Brother Jiang, in Songjiang."
Since the beginning of the year, Jiang Hao has seen Brother Lu much more frequently than before.
We always run into each other every few days.
"When will your PCL league be officially established? I have even formed a team in the LMG club!"
"I have nothing to do recently. I am still studying capital management with Professor Zheng, and I am also learning some of Yifan Investment's businesses."
I didn’t realize that Brother Lu is quite energetic.
He set up a team, expanded e-sports hotels, and even had time to learn capital management, and even went to Yifan Capital to learn.
Yifan Capital was previously founded by Professor Zheng, and Jiang Hao invested in it, and he and Brother Lu and others took it over together.
Many of the businesses have actually been split up, and most of them have been merged into Haoyue Capital by Jiang Hao.
However, some businesses cannot be transferred, such as shares of highway investments. After the transfer, many rights and interests cannot be explained, so Yifan, the shell capital, is still retained.
There are dedicated people to take care of these fixed and long-term industrial businesses.
On the stage, Pang Yi started talking about Dibao Technology's current achievements and accumulated users after seeing everyone present.
After he finished speaking, Ning Chengming, the company's technical director, soon began his introduction.
"…We at Deebao Technology are planning to develop a new generation of Deebao sweeping and mopping robots this year, which will be equipped with the latest EU chips and will be able to perform voice recognition control, 3D space modeling, pet obstacle avoidance, carpet cleaning, and many other functions…"
After not seeing each other for many years, Ning Chengming, the team leader from Tsinghua University who used to work on software support at Dibao, has changed a lot.
His temperament has matured a lot and he gives people a very confident feeling, especially he is confident in the products he has developed and his development capabilities.
Currently in the company, apart from CEO Pang Yi, he is considered the most important core figure and the member with the most options in the founding team besides the founder.
He was also the one who introduced the next-generation products, which is a key part of today's financing process, and gave investors investment expectations.
As soon as he finished speaking, everyone present applauded, led by President Lei.
Soon, the work of Dibao's formal financing was also initiated under the leadership of Mr. Lei.
Jiang Hao had a detailed discussion with Mr. Lei yesterday. Whether it was about the valuation of Dibao or other things, he already had a clear psychological expected price.
After all, the company's current major shareholder is Lei's Xiaomi Technology, so it would be more appropriate for Lei to spend time negotiating with the investors.
"Boss Jiang, do you think Dibao can really be estimated at 180 billion?"
"I just talked to a few friends from the investment side, and they generally believe that if the price reaches 150 billion, they may not continue to invest if it goes higher."
Gao Yan now started to hint at Jiang Hao's question.
She now focuses her main energy on the listing of "Jiangyu" coffee and spends most of her time in the Fortune Center Building.
She also received a task from Director Zhang today. As long as the price is right, she can decide whether to invest in Dibao and get the last piece of the pie.
"I personally think 180 is still worth it, but I don't plan to invest in this round, so what I say to you is of no reference value. You should think about it more."
"By the way, how is the launch of Jiangyu coffee going?"
Only Sister Lin and Gao Yan are busy with this matter right now, and the board of directors has given full authority to these two people. Jiang Hao is now really waiting for the listing.
“We have submitted the application to the Hong Kong Stock Exchange, the financial report has been completed, and the law firm is still working hard on it.”
"There will be news in late April. If everything goes well, it may be successfully listed in the first half of the year."
"Boss Jiang, I'm going to go talk to Boss Lei first. Let's talk about what we're going to encounter at another time."
After chatting for a few sentences, Gao Yan saw that Mr. Lei and the other parties were all smiling, and was afraid that the financing matter would be settled directly. She immediately ended the topic here and went to communicate with Mr. Lei and Pang Yi.
The finalization of Dibao’s financing was not slow at all.
The investment was still led by Xiaomi Technology, and the final valuation was 160 billion yuan.
Xiaomi Technology invested RMB 12.8 billion, accounting for 8% of the shares. Together with the original shares, it now holds a total of 25% of the shares.
Hillhouse Capital, Sequoia Capital, and IDG Capital followed suit, with each investing RMB 3.7 million and accounting for 2.3% of the shares.
As for the founding team, Professor Duan holds 30.85% of the diluted shares (22.35% for individuals and 8.5% for the company's option pool), and Pang Yi holds 3.18%.
Among individuals, Professor Zheng holds 5.68% of the shares, Jiang Hao holds 2.67% of the shares, Lu Weiming and Yang Tianhao each hold 4.72% of the shares.
Yang Tianhao did not attend the financing meeting today as he was busy with the construction of the shopping mall. Lu Weiming helped to handle some of the financing matters today.
The final valuation of Dibao Technology did not reach Jiang Hao’s most ideal expectation of 180 billion.
However, 160 billion is also very good. It shows the investors' trust in Mr. Lei and Jiang Hao, and also their confidence in Xiaomi's ecological chain business.
This made Jiang Hao look forward to Dibao's final performance after its listing.
Based on the current valuation, as long as the new generation of products sells well, the company’s market value may have a chance to reach the 200 billion yuan mark.
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