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Chapter 61 20 Billion Capital Increase (2/5)

In fact, Wang Ye has another plan, but before the board of directors, he decided not to throw it out after thinking about it. The three major projects of transit warehouse, logistics and cloud computing center are enough to make a lot of trouble. If you want to eat too much, you won’t be able to make it.

The three major investment projects have been approved, and the following is to calculate the amount of funds increased. Wang Ye distributed the budget plan that had been made to several shareholder representatives.

Li Youlun got the budget plan and glanced at the final total amount, and his heart trembled. A dazzling number "20 billion" was in his eyes!

He moaned in his heart, Wang Ye really doesn't regard money as money, it's 20 billion! It's easy to calculate that he holds 10% of the shares and wants to pay 2 billion. Where can I find this money by myself? Can I just watch the shares be diluted?

For this amount, Sequoia Capital and IDG are rich and powerful. They paid out all the 20 billion yuan at the time, which is not less than the 2 billion yuan.

Fang Haohua thought for a while and decided to give up following up. Last time, he also attracted a group of behind-the-scenes fund owners to raise 2 billion yuan to invest in Weiye. Now it is difficult to pay out 2 billion yuan. After all, this investment was not carried out in the name of Southern Fund.

Seeing Fang Haohua give up, Wang Ye didn't say anything, just smiled.

Even Nie Dingwen, it is not easy to pay out 2 billion. Now his Xingguang Commercial Real Estate Company is very large, with large projects under construction and funds are quite tight.

But he didn't want his shares to be diluted. Although he was not young, Nie Dingwen's sense of business was still very keen. He was optimistic about the future of e-commerce and Wangye's future, so he cherished the shares of Meigou.com very much.

But where did this money come from? Nie Dingwen thought about it and then, and finally he came up with a good idea.

He smiled at Wang Ye and said, "Mr. Wang, look, I have basically all my shares in several of your companies, which is enough to support you."

This is a fact. Wang Ye's Huashang International, Weiye Jiahua, Meigou.com, and Nie Dingwen all have shares. Even Weiye Entertainment helped his daughter Nie Xiaoying take 15% of the shares.

Wang Ye said gratefully: "Thank you very much for Mr. Nie for your support. Without your strong help, I would not be able to reach this point today."

This is not a polite word, but Wang Ye’s heartfelt words. Without Nie Dingwen’s early help, Wang Ye would not know Si Xiangdong. It may not be the case that Huashang International will go public, or it may not be able to go public so soon.

If it is not listed so quickly, Wangye may not have the capital to enter the homemade industry, nor does it have the current situation of Meigou.com. All of this is a chain reaction, and Nie Dingwen is a key catalyst.

Hearing Wang Ye's gratitude, Nie Dingwen nodded with satisfaction and continued: "To be honest, my capital chain is also very tight now. You also know a little about the situation on Xingguang Commercial Real Estate. Several major projects are under construction and the bank loan pressure is also very high. So, do you think this is OK? I will transfer part of Xingguang Commercial Real Estate shares in my hand to you. In this way, it can be considered cross-holding, haha..."

This proposal is quite reliable. Xingguang Commercial Real Estate is just starting out for a long time and has acquired land very vigorously. There are many good projects in big cities in East and South China, but now it is the transformation stage of commercial real estate. Xingguang and Wanfeng, which have large shopping centers as the main model, have not yet begun to make real efforts and are still in a market cultivation stage.

Compared with Wanfeng, Xingguang has more advantages because it occupies the two richest regions in China, East China and South China, and the project positioning is accurate, which is high-end business!

Wang Ye is very optimistic about the future of Xingguang Commercial Real Estate, even more optimistic than Nie Dingwen because he knows how far Xingguang can do in the future.

But the future is the future after all. If you want Wang Ye to take over some of Xingguang's shares, the valuation must be calculated based on the current situation.

Wang Ye asked: "Mr. Nie's proposal is good. I wonder how many shares you want to transfer, and how to calculate the company's valuation?"

Xingguang Commercial Real Estate is not listed, and its valuation can only be measured by the company's net assets. Moreover, even if the real estate company is listed, its valuation does not have an advantage. It is good if PE can be 5-8 times, and it is common for the market value to fall below the net value.

This kind of traditional industry focuses on capital operation and has a very tight capital chain and may break at any time. It is not favored by investors. And don’t really think that real estate companies make more money. In fact, most of them are working for banks and governments!

What is the industry that really makes money? Many people may talk about finance, energy, and Internet companies. In fact, it is not. The most profitable company in mainland China is tobacco companies!

Several Internet giants look arrogant. Just look at their annual financial reports and you will know that their profits are only a few billion or tens of billions, and the profit and tax are only one or two hundred billion. Any state-owned bank can beat the three major BAT giants.

Not to mention tobacco companies that make a fortune in silence, you should know that tobacco companies pay taxes of more than 1 trillion yuan each year! Yes, you read that right, it's more than 1 trillion yuan.

This profit and tax exceeds the profit and tax paid by several major banks, including Sinopec, and several major Internet giant companies!

Of course, Xingguang Real Estate is not a very profitable industry, at least not now.

As for its valuation, Nie Dingwen had a plan in his mind. He said, "Starlight has not yet been listed, but the investments invested by a few of our major shareholders have invested a total of 50 billion. Of course, there are some hidden resources. The valuation of this resource of 30 billion is not an excessive amount. So, based on the total valuation of 80 billion."

50 billion is the real money investment of several major shareholders of Xingguang Commercial Real Estate. The hidden resources mentioned by Nie Dingwen are very important for real estate companies. What is the most important thing in real estate is two points: one is money! The other is connection resources!

Just like Xingguang Real Estate, why can it obtain core area land in developed cities in East and South China rely on this hidden resource, so it is not an exaggeration to value it at 30 billion yuan.

Wang Ye also agreed with this. He nodded slightly and asked again: "So how many shares Mr. Nie plans to transfer."

"Haha, I can't even make a move if I have too few. I now have 45% of Xingguang's shares, so I'll transfer them to you 5%."

The few people present immediately looked at Nie Dingwen with admiration. They also knew that Nie Dingwen was an invisible rich man, but they really didn't expect to be so rich. You know, Xingguang Commercial Real Estate is only part of Nie Dingwen's industry. He also has real estate companies specializing in residential projects, golf courses, hotels and other projects.

To count it, among the few people present, the richest one is probably Nie Dingwen.

5% of the shares are not much or less. Wang Ye needs to pay 4 billion to take advantage of this part of the shares, which he can accept. Wang Ye does not intend to bargain with Nie Dingwen. First of all, he owes Nie Dingwen the favor, and secondly, Nie Dingwen's offer is fair.

So he smiled heartily and said, "No problem! Mr. Nie found some time and we just signed the transfer agreement. The money I had was still lying in the bank and was worried that there was no place to spend it!"

The two of them decided to transfer the equity worth 4 billion yuan in a few simple words.

Since Nie Dingwen proposed to transfer part of Xingguang Commercial Real Estate, Li Youlun was moved. His Wanfeng Real Estate's strength is stronger than Xingguang, and he still holds 5% of the group shares in his hand.

Since Wang Ye is willing to pay for Xingguang’s shares, can he also sell his Wanfeng shares?

As for the pros and cons of selling this part of the shares, Li Youlun has already considered it clearly.

The money obtained by selling shares can first solve the aftermath problem of Jumei Youpin, and secondly, it can protect its shares in Meigou.com. Judging from Wang Ye's situation, he may have any major plans in the future, so he always has to keep some reserves in his hands.

Now Li Youlun attaches great importance to the shares of Meigou.com, which is his only capital to turn over! Moreover, the growth of the Internet company is unparalleled. No one dares to say how many times it can be increased after one or two years.

Therefore, Li Youlun doesn't want to give up even a single share, and if possible, he still wants to increase his holdings.

The only trouble is how to explain it to my father. This is the difference between the rich generation and the rich second generation. A rich generation like Nie Dingwen can make decisions at any time. Li Youlun needs to consider more issues.

However, Li Youlun also thought of a safe way to deal with this problem.

Seeing that Nie Dingwen had reached a transfer agreement with Wang Ye, Li Youlun quickly said, "Dr. Wang, I have 5% of Wanfeng Group shares in my hands. I wonder if you are interested. Since Wang has accepted Xingguang's shares, I guess I won't be interested in Wanfeng."

After saying that, Li Youlun looked at Wang Ye with anticipation.

Unexpectedly, beyond his expectations, Wang Ye shook his head and said, "The starlight positioning is very accurate and the geographical advantage is relatively large. I am more optimistic about its development potential. And Wanfeng..."

Li Youlun's heart suddenly skipped a beat and quickly defended himself: "Wanfeng is the largest real estate company in the central and northern regions, and has been listed in Xiangjiang. His current market value is as high as more than 160 billion!"

"It's just that the market value is too high. I spend such a big price. What's the use of buying your 5% stake? Will there be dividends every year? Will the market value increase in the future?" Wang Ye spread his hands and expressed his lack of interest.

At this stage, Wanfeng's profitability is indeed not good enough. The company is also working on shopping center projects. It was once on the verge of serious losses in the past two years. So hoping that it can distribute dividends is just a joke.

After Wang Ye came up with an idea last year, Wan Feng began to carry out drastic reforms, but now there are only signs of improvement. Moreover, because the costs of subsidizing brand merchants have increased significantly, the profits are even more endless.

Wang Ye really has no reason to buy 5% of Li Youlun's shares now.
Chapter completed!
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