Just like the last time it won the technology authorization of Huaxia Aerospace at a sky-high price of 600 billion.

Why doesn't Huaxia Microelectronics think so?

It is precisely because of such conjecture that Huaxia Microelectronics agreed to subscribe for 10% of its shares to Germination Group, becoming one of the major shareholders of Huaxia Microelectronics in one fell swoop.

Under normal circumstances, this matter needs to be cautious.

Maybe even "reluctantly" refused.

From this we can see how good the image of the Germination Group is in the official position.

Just like his own son.

"You boy, you can always do things that ordinary people can't do."

For Zhang Shuo, Tang Yi also sincerely appreciates them. Although the two are "nephews" in name, they have a faint sense of confidant.

Every time I chat with Zhang Shuo, I feel particularly happy.

And Zhang Shuo seems to be born with a unique temperament that ordinary people don't have, coupled with an overly keen sense of smell, he really looks like a trendy boy of the times.

Born to be a top character!

.........

Thursday, November 1.

As soon as the New Year's Day holiday ended, Zhang Shuo returned to the company and was reviewing the appropriation application for the first quarter of 14. Because the appropriation was made on a quarterly basis, the appropriation amount soared again, mainly including——

Allocate 35 billion research and development funds to the Fertile Research Institute;

Allocate 72 billion operating funds to Mango Group, including 30 billion research and development funds;

Appropriate 10 million operating funds to Xingyun Technology, including 5 million research and development funds;

Appropriate 5 million operating funds to Sunshine Holdings;

An additional 10 billion public welfare funds will be allocated to the Spring Sprout Fund;

Appropriate 5 million operating funds to the headquarters of the Sprout Group, including the operating expenses of the property management department.

A total of 137 billion funds.

The appropriations for Mango Group, Sunshine Holdings, and the headquarters of Germination Group also include year-end bonus expenditures.

Except fixed appropriations.

In the past 250 months, the Germination Group also contributed 70 billion yuan to participate in the B-round financing of Huaxia Microelectronics, and at the same time injected [-] billion yuan into the renamed Weizhong Group.

During the period, there is also a corporate bond of one billion yuan due, which needs to be paid.

The superposition of various factors led to the Sprout Group's single-month expenditure reaching 467 billion, setting a new record. It must have a solid foundation, otherwise it would really be unbearable.

Profit.

In December, Jade Bird Interactive Entertainment turned over 58 billion profits, Maili Group turned over 61 billion profits, Qinghe Technology turned over 6.5 million profits, and Germination Financial Holdings turned over 7.5 million profits.

A total of 133 billion profits were handed over.

--slightly--

[Level]: Level 11 (1200 million/1 million)

[Cash]: 78 billion

[Loans]: 245 billion (bank loans) + 100 billion (corporate bonds) + 84 billion (overseas loans)

【Fund】: Chunmiao Fund, Particle Fund, Guochao Brand Support Program Fund, etc.

[Enterprise under the name]: Germination Group (Zhang Shuo 47%, Dream Fund 33%, Chunmiao Fund 20%)

[Subsidiaries]: Qinghe Group, Qingcheng Group (54.44%), Pinxixi Group (90%), Maili Group, Dao Sui Group (90%), Mango Group, Weizhong Group, Sunshine Holdings, Nebula Technology Wait

[Joint ventures]: Wujiang Technology (48%), Walli Intelligent Manufacturing (48%)

[Associated companies]: Linde New Energy (35%), Artemisia Map (20%), Jingdong (25%), Huaxia Microelectronics (10%)

[Remarks: The equity in Haode Map and Huaxia Microelectronics held by Germinal Investment on behalf of the group does not include the equity in Haode Map held by Qingcheng Group, which is a subsidiary of the group, and the equity in Huaxia Microelectronics held by Dao Sui Group. 】

Because of the "exceeding standard" expenditures last month, especially the large investment in Huaxia Microelectronics, the funds in the budding group's accounts have once again dropped sharply, from more than 400 billion to a mere 78 billion in one fell swoop.

Once again fell below the [-] billion mark.

If it wasn't for Zhang Shuo's "foresight" to accept the tens of billions of long-term loans offered by the bank, then the capital chain of the Germination Group would face another new challenge.

I really can't be prouder.

It’s no wonder that Yuanshikong, even giants like Huawei and Tengda, have to issue corporate bonds or overseas financing from time to time to supplement the company’s cash flow.

It is necessary to plan for a rainy day, otherwise, once there is a big move, the funds may not be able to keep up.

That's the end of the calf!

Chapter 437 Straightforwardly exposing its shortcomings, Zhang Shuo's small scheme, big picture!

Inside the office.

Just as Zhang Shuo signed and approved the appropriation application, Lu Qi, the rotating president, knocked on the door and came in.

"Chairman, I just received a message from Sunlight Holdings, saying that Washbasin is planning to acquire Wichat. Wichat plans to hold a board meeting. Zhao Mingchuan asked the headquarters for their opinions."

"Washbasin wants to buy it, so let's buy it. As long as the price is right, we can talk about anything."

Regarding wichat, Zhang Shuo's attitude has always been very clear, that is, from the beginning to the end, Sunlight Holdings has been seriously playing the decision-making of a financial investor.

It has never been intended to interfere, or even control overseas public opinion through wichat.

That's an egg hitting a rock.

For this reason, in July last year, at the request of the wichat board of directors, Sunshine Holdings had to transfer 10% of wichat's equity to its partner Dream Fund for a price of one billion US dollars.

Reduce its shareholding ratio to 18%.

"Taking advantage of the acquisition of Washbasin.com, it happened to completely withdraw from wichat." Zhang Shuo said.

In my impression, the original Space-Time Washbasin was also acquired at the beginning of 14 at a high price. Unexpectedly, in this life, Washbasin actually fell in love with wichat.

But this is also easy to understand.

Because from the very beginning, Mengya never thought of holding wichat in his own hands, and took a completely different path from the original Time and Space Tengda, which led to the development of wichat overseas far stronger than in the previous life.

The market share has even surpassed.

Didn't it arouse the interest of Washbasin.com?

In addition, at the beginning of wichat's establishment, it was dominated by beautiful national investment banks such as the Thief Group, and it was doomed from the beginning. The choice left to wichat is either to go public or to be acquired.

This time, Washbasin has taken a fancy to wichat, but it is not guaranteed, and there is a shadow of the operation of the Thief Group behind it.

"understood."

Lu Qi smiled and nodded. In fact, Zhao Mingchuan's inquiry was more symbolic than practical.

Although Sunlight Holdings has a board seat in wichat, it does not really affect the decision-making of the board of directors. No matter whether it is in favor or against, in fact, it cannot influence the acquisition.

But it's still worth asking.

"Chairman, in the past month, the taxi-hailing field has been a bit uneven. Judging from this situation, it seems that there will be another war of burning money and subsidies. Kuaidi is already in action." Lu Qi then talked about another matter .

"Then what do you think?" Zhang Shuo asked with a smile.

"According to my observations, the battle that is about to break out will ultimately be a showdown between Tick Tock and Kuaidi. To be precise, it is the supporters behind these two companies——Tengda and Ari."

"Looking at the current posture, I'm afraid it will be difficult to be kind." Lu Qi said.

"I think that the two will not fight big, at most it will be small."

Zhang Shuo has a different judgment.

The business logic of Tengda and Ali’s betting on the taxi-hailing business is not the same as betting on local life services.

Entering the local life service track, the giants mainly want to control the online traffic entrance, and the investment in taxi companies is to conduct an unprecedented enlightenment on consumers' offline payment habits.

Because at that time taxi was the most ideal offline payment scenario.

First of all, the frequency of taxi-hailing is high, especially under the boost of high subsidies.Secondly, the offline payment method for taking a taxi is very convenient. After arriving at the place, consumers can complete an offline payment in just a few seconds.

Ari used this to promote Zhifubao, and Tengda naturally paid for it only by promoting it.

That's why they are so confrontational.

The fact is also true. After the 14-year taxi-hailing war in Yuanshikong, Zhifubao and Weixin Payment began to invade offline on a large scale until most people did not need to bring cash when going out.

A mobile phone can solve all payment problems.

Therefore, some people analyzed afterwards, saying that Tick and Kuaidi had competed with each other and eventually merged. It seemed to be a handshake, but in fact Ahli lost.

Because of the ticking after the merger, users obviously use Weixin payment more frequently.

In a disguised form, Weixin Payment realized the counterattack against Zhifubao.

During the Spring Festival of 14, a classic "marketing war" took place in the original space-time, that is, Weixin instantly promoted Weixin Payment with the help of Weixin red envelopes during the Spring Festival.

A perfect sneak attack on Ahri's fortune treasure.

But in this life, the situation has changed a lot. The biggest change, of course, is that Tengda regretfully lost Weixin, and then lost Weixin Payment.

Can only rely on ICQ to continue to fry cold rice.

Secondly, under Zhang Shuo's instruction, Weixin launched Weixin red envelopes two years ago.

This trick is no longer working.

Then, under the impetus of various online payment scenarios such as Qingcheng App, Jade Bird Interactive Games, Jingdong, Pinxixi, etc., it will continue to help Weixin Pay to conquer the city.

Up to now, Weixin Payment is already on par with Zhifubao.

In contrast, Caifutong, a subsidiary of Tenda, has not been developing smoothly, and its market share has always been ranked behind Weixin Payment, only third.

Therefore, Zhifubao and Caifu have a fight, but did they take Weixinfu, the second elder brother, seriously?

The most important thing is not this.

But in the past two years, through the offline consumption of Qingcheng Xiaozhu, Weixin Payment has been consciously and subtly cultivating users' offline payment habits.

the last year.

The offline application scenario of Weixin Pay has already expanded from Qingcheng Xiaozhu to all merchants settled in Qingcheng Takeout, such as Kaifengcai and other chain catering brands.

After that, it continued to extend to supermarkets and other fields.

In other words, Weixin Payment has always been doing the "education" for consumers that Ari and Tengda want to complete, and it is done directly in one step.

There is no need to use such an application scenario as a taxi to complete it.

This also leads to say.

The battle between Ari and Tengda around taxi-hailing will appear to be "unknown".

In addition, due to the birth of the bud in this life, the pockets of the two giants, Ari and Tengda, are not so full, and they have consumed a wave of food delivery and shared bicycles before.

There is also Qingcheng Taxi, watching eagerly from the side.

It is really hard to believe that under the superimposition of various unfavorable factors, Ahri and Tengda will fight with their lives like Yuan Shikong, burning 200 billion irrationally.

"So, the upcoming car-hailing subsidy war will not have any major impact on Qingcheng taxi-hailing?" Lu Qi still trusts the big boss's judgment.

"It couldn't have been made."

Zhang Shuo still has the same point of view, "As long as Qingcheng maintains its basic position, it will not be defeated."

In the original time and space, Tick and Kuaidi, through crazy subsidies, indeed killed other competitors in a very short period of time, and dominated the world in disguise.

The issue is.

After the two subsidies ended and everything returned to the original state, the overseas Youbu entered the Chinese market again and cooperated with Qiandu, which soon posed a new threat to Tiktok and Kuaidi.

The final outcome is the merger of the three companies to complete the monopoly in the true sense.

But this life.

Regardless of whether there is a worrying step or not, Qingcheng Taxi will definitely not die, and can still live well.

How is this broken?

Therefore, fundamentally, it is simply unrealistic for Tick and Kuaidi to copy the style of the original space-time. The market will not buy it, and neither will consumers.

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