All round car designer

Chapter 631 Ten billion subsidy

Good guy, in the blink of an eye, Zhang Zirui's investment has doubled, which means that unless the market value of online car-hailing can exceed 4000 billion yuan in the future, Huashan Investment will lose this time!
Of course, the 20 billion investment is definitely not something that Zhang Zirui can decide alone. When he learned that the Feichi Group was divided into six parties to negotiate, Zhang Zirui had already reported to the company, and the company allowed him to use the largest amount. The capital is 20 billion yuan, and the condition that Zhang Zirui must win is to abolish the mandatory repurchase clause in the contract. Huashan Investment wants to hold the equity of Mercedes-Benz Travel for a long time!
Or, if Feichi Group firmly disagrees to remove the repurchase clause, Huashan Investment also hopes to extend the repurchase period. That is to say, Huashan Investment regards the equity of online car-hailing as a call option. without depreciation.

"Mr. Zhang, are you sure you can be this family? 20 billion is not a small amount." Although Jiang Yang was surprised by the other party's decisiveness, his face was still very calm.

Zhang Zirui was delighted by Jiang Yang's answer, it seemed to be interesting!

"Yes, of course I can! The company has given me full responsibility. If Mr. Jiang doesn't believe me, we can sign the contract now!" Zhang Zirui nodded quickly.

However, Jiang Yang was not in a hurry to give an answer, but first glanced at the group messages on his mobile phone. Among the current six negotiating teams, all of them proposed to remove the clause of compulsory repurchase, and the proposed prices were all within 20 yuan. About [-] million!

In other words, if Zhou Fei is willing to give up the 3% of the equity permanently, this round of financing will receive 120 billion yuan, far exceeding the previously released 30 billion yuan, and even the operating funds for the next stage will be secured!
Of course, the choice of all these depends on what Zhou Fei thinks.

"How about this, Mr. Zhang, the repurchase clause was specially requested by our Mr. Zhou, so I can't make up my mind whether it can be removed, or wait for me first, and I will call Mr. Zhou?" Jiang Yang smiled Said.

"All right, all right, I'll just wait." Zhang Zirui nodded quickly.

Afterwards, Jiang Yang temporarily left the meeting room, went outside and called Zhou Fei.

After the call was connected, Jiang Yang explained the current situation to Zhou Fei, "At present, any investment institution wants to remove the repurchase clause. What do you think, Brother Fei, can you agree?" Is this one? Or should we wait and see what the attitude of the investment institutions we contact next?"

"Don't wait any longer, unless they are willing to adjust the funds to 30 billion, otherwise we will not remove the mandatory repurchase clause." Zhou Fei replied immediately.

Although Didi Chuxing in the previous life has not yet been listed, its estimated market value has reached 600 to 800 billion US dollars, which is more than 4000 billion yuan when converted into RMB!And this is the estimated price after the IPO. Generally speaking, the stock price of unicorns like these industries will skyrocket after listing, and the market value is far greater than estimated!

When Meituan was not listed, its valuation was only 200 billion U.S. dollars, but in the few years after its listing, the market value of Meituan has soared more than ten times, and now it is close to [-] trillion yuan!

Even if Didi cannot compare with Meituan, its market value will not stop at 4000 billion yuan.

So in Zhou Fei's view, if you want to hold the equity of Mercedes-Benz's online car-hailing business for a long time, it is definitely not enough to have a valuation of 4000 billion, at least 6000 billion!
"Then if they change their minds, they can keep the repurchase clause, but ask for an extension of the repurchase period?" Jiang Yang continued to ask.

Only 30% of the equity will be obtained for 0.5 billion. This condition basically cuts off the idea of ​​all investment institutions wanting to abolish the repurchase clause, but what he just said is another way of thinking.

"It depends on the situation. It's best to finalize the financing within a week." Zhou Fei replied.

After hanging up the phone, Jiang Yang first posted Zhou Fei's request in the group, and then returned to the house, and explained Zhou Fei's conditions to Zhang Zirui again.

Zhang Zirui's face changed slightly when he heard that Zhou Fei suddenly asked for a quotation of 30 billion yuan, and then he made a request to report to the company.

About 5 minutes later, Zhang Zirui returned to the meeting room again, and said with a slightly apologetic face, "I'm sorry Mr. Jiang, our leader thinks that the investment risk of 30 billion is too high, and 25 billion is our highest bid."

Zhang Zirui's vision is naturally not as far-sighted as the leader's. In his opinion, although the online car-hailing project is very novel, it cannot be valued so high for a business that has not yet been promoted, right?
"30 billion is our bottom line. If it is lower than this price, there is no way to cancel the repurchase clause." Jiang Yang shook his head and refused.

Although Jiang Yang refused very simply, but Zhang Zirui obviously didn't want to give up easily, and brought out the friendship between Zhou Fei and their boss, trying to play the family card, but in the end the negotiation failed.

"Otherwise, the five-year repurchase period is really short. If Mr. Jiang can extend the period to ten years, then we can use 15 billion funds to invest in the online car-hailing project!" When it failed, Zhang Zirui changed his mind.

In the following time, the two parties conducted repeated negotiations on the repurchase period and the total investment. In the end, Huashan Investment agreed to use a total of 14 billion in exchange for an 8-year repurchase period.

As a result, Huashan Investment, represented by Zhang Zirui, won the first financing of the online car-hailing project.

In the following three days, the meeting team negotiated with more than a dozen investment representatives, and determined the remaining five investment quotas one by one. In these investment contracts, the repurchase period ranges from 6 to 8 years ranging, while the amount of investment ranges from 12 billion to 15 billion.

Originally only planned to raise 30 billion yuan, but in the end, with the same equity ratio, the total financing amount was 73 billion yuan, more than twice the original plan, which can be called a model in the history of financing!
When the Feichi Group announced the news, it aroused people's heated discussion again, and many people expressed their astonishment at such a total financing amount.

"Sure enough, the carnival in the capital market is beyond my imagination, and the total financing amount has exceeded 70 billion!"

"The first round of financing has received so much investment. If it is the second round and the third round, wouldn't it cost tens of billions?"

"Where will there be a second round and a third round? This time, Feichi Group is just making a transition of funds. After that, the group's funds will be turned over later, and no external funds will be needed!"

…………

While people were discussing, Zhou Fei also came to Gusu and began to use this sum of money to plan with Jiang Yang how to promote the online car-hailing business.

Gusu, the headquarters of Autohome.

After learning about the details of the platform construction, Zhou Fei and Jiang Yang came to the office.

"Now that the concept of online car-hailing has been gradually accepted by people, what we have to do is to strike while the iron is hot and continue to strengthen people's recognition of online car-hailing. Therefore, the next task is to carry out a subsidy campaign of tens of billions!"

After the two sat down, Zhou Fei spoke directly.

(End of this chapter)