My Age of Investment
Chapter 978: peach
Chapter 978 MOMO
Open financing?
Building the headquarters building?
At the board meeting of the Fuxing Industry Holding Group, upon hearing the two issues raised by Xia Jingxing, several directors felt a little shocked and surprised at first, but after thinking about it carefully, they took it for granted.
Chen Hong asked: "Is there a specific plan?"
Xia Jingxing raised his chin to Chief Financial Officer Deng Yuanyun, who got up and reported: “I have discussed with General Xia, and the initial plan is to acquire a piece of land covering an area of 300,000 square meters and about 450 acres in Haidian.
will build 12 office buildings on this land, with a total construction area of about 500,000 to 600,000 square meters, which can accommodate 40,000 people at the same time.
Among them, 10 office buildings are for our own use, and the other 2 are owned by the domestic holding group. "
Chen Hong asked: "What about the budget?"
Deng Yuanjun replied: “Because we are a technology company, we can enjoy great policy incentives for land acquisition. About five or six billion yuan can be used to get the land. The main cost is construction and decoration. The total investment budget is about 5 billion yuan. ."
Lin Weiping frowned slightly and said: "It's so high, it costs almost 10,000 yuan per square meter."
Deng Yuanyun explained patiently: “In fact, it’s not particularly high, but it’s at the top level in China.
But then again, our Fuxing Industry is striving for development and striving for the goal of leading technology companies, and the standards in all aspects must naturally reach the top level in the industry.
The construction of a high-standard science and technology park can display the corporate image externally and enhance the sense of belonging of employees internally. In addition, the scale of our employees is growing too fast, and it is inconvenient to work in multiple places. Together, we can play a higher role. efficient. "
"But 5 billion is too much, right? Sohu and Sina have a little more market value than this."
Xia Jingxing smiled, “Sister Lin, let’s look forward. After two or three years, Fuxing Industry will be more than the current scale.
Actually, I have always had the idea of turning the company headquarters into a top landmark building in the world.
However, considering the current actual development of the company, I don’t think we can rejoice. The headquarters should focus on practicality.
Otherwise, the total investment is more than a mere 5 billion, and a zero must be added at the end. Even the name is not called Fuxing Science and Technology Park, but Fuxing Science and Technology City, a city of science and technology.
All the top technologies of our group will be applied in the entire park, such as face recognition access control system, mobile phone booking elevator, unmanned delivery truck...
Other building subsystems such as lighting, heating, ventilation, power distribution, etc., will all be connected to our smart IoT operating system, so that the objects in the entire park become "living things" and give them smart attributes. "
Lin Weiping smiled faintly, “It sounds like a science fiction movie, I hope I can see it in the rest of my life.”
Xia Jingxing suddenly coughed, but she couldn't laugh out loudly until she held it back, eldest sister, are you cursing yourself?
Academician Li Guangnan is more sincere. He said very directly: "This is really not science fiction. The Renaissance Internet of Things is already starting research in this area. It may be a few years later that we will see some technology applications in our lives. NS."
Xia Jingxing nodded, “Yes, the Gates family used related technology ten years ago, but the cost is a bit high. It takes some time to get into the homes of ordinary people.”
Lin Weiping was completely silent. She knew that she had fallen behind again. On the board of directors of Fuxing Industry, Xia Jingxing often put forward some cutting-edge technology concepts, but she was basically unable to intervene.
"For the headquarters park with a total investment of 5 billion, the first phase of cloud computing and artificial intelligence research and development projects will require 500 million US dollars each. Will this round of equity financing add up to more than 12 billion?"
Xia Jingxing nodded towards Chen Hong, “Yes, we must not be left behind in technological exploration, so this money must be invested, and this is only the initial capital, and more will be invested in the future.”
Chen Hong understands this, and at the same time supports these practices, but what is the valuation of Fuxing Industry Group now? He raised his own question.
Xia Jingxing faintly replied: "The entire group was valued at just over 2 billion US dollars at the beginning of the year, but now that the sales of revival mobile phones are so hot, the revival mobile phone business sector needs to be revalued, and the semiconductor business also needs to be considered.
In short, a new valuation assessment will be done.
By the way, do you two increase capital in proportion to each other? "
Currently, Renaissance Industry Holding Group has only three shareholders, of which Chen Hong holds 0.94% of the shares, Huang Hongsheng’s family holds 2.85%, and Vision Capital holds the remaining 96.21% of shares on behalf of Xia Jingxing.
Fuxing Industry Holdings, through a number of wholly-owned subsidiaries, holds different numbers of shares in each major subsidiary, such as holding 58.95% of Fuxing Semiconductor's equity, holding 70% of DJI's equity and so on.
Chen Hong calculated it in his mind, this round of investment is as high as more than 12 billion, even if he owns less than 1% of the shares, he will have to invest more than 100 million.
If you do not follow the investment, the shares will be diluted.
If you can follow up with the investment, he feels that the meaning is not big, because the business of Fuxing Industry has gradually entered a mature period and the return on investment is limited.
And he also invested in Fuxing Semiconductor, which is also a big money-burning project.
He was about to speak, but Lin Weiping was ahead of him. The latter asked: "Mr. Xia, I remember that our group has a Sunco real estate, right?
How about splitting Sunco into independent financing, and then financing it to Qiangai Science and Technology Park? "
Xia Jingxing glanced at Lin Weiping, this eldest sister has many eyes!
It is estimated that she does not want to follow up the investment, but she does not want the shares to be diluted, so she came up with such a wonderful idea.
Without Xia Jingxing’s opening, Deng Yuanyun reminded him aloud: “Mr. Lin, with all due respect, if Sunco were split up to obtain land, five or six billion would not be able to obtain a good area of 300,000 square meters of land.
Because ten years ago, many unscrupulous businessmen were enclosing land in various cities under the pretext of building software parks. They called them science and technology, but they were speculating on land, which had a very bad influence.
Since then, local governments have become particularly cautious about software parks and science and technology parks, because there are so many companies selling dog meat that they have to guard against. "
Lin Weiping knew that there was such a thing, and immediately smiled and said: "Yes, I have this memory, I almost forgot, it seems that I can only raise funds for the group."
Xia Jingxing did not pay much attention to Lin Weiping’s little trick, and said indifferently: “The original reason for the acquisition of Sunco was to let Sunco play the role of group property development, property self-sustainment, and property management.
The headquarters put forward the demand, and handed over the planned office buildings, science and technology parks, industrial parks, employee communities and other projects to Sunco, who would plan, obtain land for review, and subcontract projects.
After the development is completed, in order to ensure the quality of our property management, Sunco will also set up a special property management department.
In addition, the development of the community and office buildings will not be used up for a while, and Sunco will also rent and manage them.
There are also the low-rent housing, rent-free housing, property rights incentive housing, etc. provided by the group to outstanding employees in major cities, all managed by Sunco. "
Chen Hong smiled and said: “That Sunco is not like a company anymore, it is more like a real estate functional department of the group, which develops real estate for its own use.”
Xia Jingxing said lightly: “Although real estate development is profitable, it depends on the policy to eat. Once the dividend period is over, it will return to normal.
Real estate companies are desperately hoarding land and operating with high debts all over the country. Once they encounter policy changes, it is not impossible for Sunco to repeat its experience last year.
The science and technology industry is the real profiteering industry. Some patent rogue companies have more legal affairs than engineers.
But there is no such thing, it is not necessary to honestly accept other people's extortion, because the technical standards are set by others. "
Chen Hong smiled and nodded, “Yes, you shouldn’t be staring at the real estate. It’s almost enough for Sunco to build a house for the group’s own use.”
…………
…………
After Xia Jingxing reached an agreement with several shareholders of the Fuxing Industry Holding Group, he immediately convened a board of directors in the domestic holding group.
The equity of domestic holding groups is more complex and scattered than that of Renaissance Industry.
Vision Capital, Facebook, DCM, Cyberspace, Northern Lights, Hanergy, and Capital Today are all shareholders.
Hearing Xia Jingxing’s proposal to build a headquarters park with Fuxing Industrial, the shareholders did not have much opinion, because the domestic holding does not need to invest in the construction, but after the park is repaired, it will rent two of the office buildings in accordance with the signed contract in advance. At the same time, the company can also obtain the naming rights for the two buildings.
This motion was passed quickly, and then we moved on to the next motion.
"I propose that domestic games acquire DNF developer Neople and CF developer Shimankai."
After Xu Xin finished speaking, he found that no one was answering his own words. There was dead silence in the meeting room, and the atmosphere was slightly embarrassing.
Chen Hong sneered in his heart. A few months ago, Xia Jingxing proposed to buy two game companies by the domestic holding group. At that time, most of the shareholders opposed it. Game company.
Now seeing that DNF is operating hot and successful, it has begun to brazenly propose to acquire these two game companies.
How can there be such a good thing in the world?
The risks are carried by others, and the benefits are shared by everyone?
Xia Jingxing actually had similar ideas to Chen Hong, and felt that Xu Xin’s proposal was too exquisite and self-interested.
In fact, he still hopes that the two game companies will merge into domestic games, because management and communication are more convenient.
However, the merger time is not now.
"DNF hasn't started launching paid items yet, no one can say what the profitability is, just wait and see."
Xia Jingxing gave a final word, and Xu Xin also shut up with interest.
Deng Feng raised the issue: "Since this year, Twitter has made great progress in the development of the United States. A large number of celebrities have begun to settle on Twitter, which has led to the growth of Twitter users.
In China, Penguin launched the micro-blog service QQ Taotao more than two months ago, and a large number of startups such as Fanfou.com, Zuobawang.com, and Jiwai have sprung up like mushrooms after a rain.
Should we do something? "
Zhang Yong glanced at Xia Jingxing, who nodded at him, so Zhang Yong smiled and said: "I discussed this issue with President Xia two months ago. Our judgment is that the microblog service will be available for a while. China cannot develop.
In fact, we have also done a lot of work. Recently, a large number of stars, Olympic athletes and celebrities from all walks of life have settled in the public homepage of Hainei.com. I wonder if you have noticed it? "
Deng Feng suddenly realized, and said with a smile: "I see it, it seems that even Liu Xiang has settled in, right? He also posted a message calling everyone to pay attention to the Olympics next year."
Zhang Yong smiled and said: "Yes, we have reached a cooperation agreement with the Beijing Olympic Committee. At present, 639 participating athletes in my country have opened the public homepage of Hainei.com, and will promote this national event together with Hainei.com.
In addition, more than 500 mainland stars from Hong Kong and Taiwan, more than 100 well-known writers and editors, more than 200 entrepreneurs and other celebrities from all walks of life have opened the public homepage of Hainei.com.
Next, we will also invite more social celebrities to join Hainei.com, and make the public homepage of Hainei.com an Internet product that gathers Chinese celebrities. "
Xia Jingxing smiled without saying a word. This is called sneaking into the village and not shooting guns.
Hainaiwang celebrity strategy has been implemented for almost two months, and the results have been remarkable.
Don’t talk about the outside world, even the directors and shareholders of the company have not noticed that they are already laying the foundation for the microblog business.
This is actually not to blame for the slow response of everyone, because the public homepage was officially launched as early as last year when Xia Jingxing took over the Hainei.com, and Chunge had millions of followers last year.
Now there are more celebrities on the public homepage, and everyone is not surprised.
Strictly speaking, there is still a big difference between the public homepage and the microblog, and it needs to be revised and polished when the microblog is officially launched.
"What about MOMO voice?"
Zhu Min smiled with folds, "I always think this name is weird."
Zhang Yong looked at Xia Jingxing. The name was taken by the boss and had nothing to do with him. He actually thought the name was a bit strange.
Xia Jingxing coughed and said solemnly: "This is our game voice software, which can also be called a game social software. A group of strangers play games and voice chat together, isn't it called Momo?"
Zhu Min smiled and nodded, "Yes, read it a few times, it feels good to read, and it is also easy to remember, which is conducive to brand communication."
Lin Xinhe smiled and said, "Mr. Xia, with all due respect, this MOMO doesn’t add a tone. Is it Momo or touch? It’s hard to tell?"
Xia Jingxing glanced at Lin Xinhe, who was wearing a pink suit and yellow-framed glasses and dressed up as a pouch. She is indeed one of the co-founders of Sina, and she speaks out the true meaning of social interaction.
What's the truth? Soft feeling!
Only with this kind of adjustment, social products can be made.
Done is the WeChat that everyone happily shakes and exercises hand strength. If it is not done well, it is Alipay that is notoriously made by white-collar diaries and student diaries.
"Whether it is Momo or touch, the user understands it."
Lin Xinhe looked at Xia Jingxing with a smile, and stopped asking more questions, he understood.
Zhang Yong continued to introduce: "Currently, the MOMO voice development team has been established, and the research and development work will be started in the near future."
Xia Jingxing asked: "How long will it take to be online?"
Zhang Yong replied: "At the beginning of next year at the latest."
"Okay, hurry up the work progress. "Crossing Fire" will start the public beta early next year. The team gameplay and voice software will play a good role in promotion.
There is also "Dungeon and Warrior", isn't there a team system? It's just a matter of text communication.
If there is voice software for communication, users should like it very much. "
Zhang Yong nodded towards Xia Jingxing and said that he had written it down, and then he continued to report: "We recently inspected the game developer Yonghang Technology, and plan to invest 10 million yuan in this start-up company to obtain 25% of the shares, and at the same time represent their development. Dance game-"Hyun Dance"."
No one opposed this motion, and it was passed unanimously.
10 million yuan is not much, even if it is fully compensated, it does not matter much, because the net profit of domestic games this year alone has more than one billion yuan.
Now a large number of shareholders of domestic holdings have completely seen the prospects of the game business, and no one will question the investment and acquisition of game companies.
(End of this chapter)
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