Fight to the third generation

"President Su is still very powerful. With the pressure brought by this money, even if they don't plan to release a large amount of shares, they must bite the bullet and contact you. Otherwise, if they don't get a large amount of money from other places, they will have to sit back and watch in the end." Watching the peers soar into the sky, the shopping mall is like a battlefield, and after the market share is divided, it will be difficult to seize it.”

"It's hard to talk about it. I'm not interested in their management rights, and I don't have time to participate in it myself. With my help, it is obviously a win-win situation. Although I need to give up the equity to me, it makes the cake bigger."

Su Yehao has already made a decision, and waved his hands and said, "Go ahead and help me collect relevant information, revenue data, industry scale, cooperative brands, etc. I need to know all of these."

"No problem, I'll arrange it right away..."

……

When Su Yehao talked about the Shanghai stock market, a new industry came to a fork in the road.

When doing business, especially a retail business with little technical content, the size of the capital can often directly determine the success or failure of a company.

The financing he released is undoubtedly full of weight.

Since I remember that the home appliance chain industry in my previous life successfully created two super-rich people with high net worth in the mainland, now I have the opportunity to plan in advance, so there is no reason to let it go.

As long as the operation is successful.

On the one hand, it can completely build up the reputation of the 5S asset management company, and on the other hand, it can help Meidi Group, which produces home appliances, to expand its market share. The benefits of this cannot be underestimated.

If you take a long-term view, it can even be beneficial to Paobao.com.

In the future, through the combination of online and offline models, we will provide customers with the most convenient and efficient services, and at the same time help the development of yellow diamond computers and black diamond mobile phones.

As for walking in other people's paths, leaving others with nowhere to go... Look at the big and small horse bosses, now they have changed their life trajectories, and they are very happy to do it.

The pony manager who is in charge of the game business just received a promotion and salary increase last month. On Su Yehao's birthday, he sent an email to thank him for helping him many times, and he directly called him "Bole".

If a company does not fail, I will not fail, and I will work for the company until I am old.

……

Chapter 709 What a Surprise!

Several executives were instructed by Su Yehao to contact Guomei and Suning directly in his name.

Facing the expected financing of 30 billion, the two companies were shocked, and they immediately found someone to hold a meeting to discuss countermeasures and evaluate the feasibility of cooperating with Su Yehao.

Like a thunderbolt on the ground.

As soon as the news came out, their major shareholders began to struggle. While wanting money, they couldn't help worrying about luring wolves into the house and eventually losing control of the company.

The mainland's economy is speeding up to integrate with the world.

Since the Southeast Asian market collapsed and the US stopped raising interest rates, hot money began to flow out.

The mainland has gradually become an emerging gold rush land, and many companies are directly facing the impact of multinational companies.

Multinational brands are fighting gods, and many fragile local companies have no strength to fight.

Typical examples include Zhonghua Toothpaste, and the popular Totole Chicken Essence, etc. Those multinational companies easily won both the brand and the market with a small amount of money.

It can be seen that the implementation of state-owned enterprises in many key industries is actually quite necessary and can play a role in building a moat.

Jinling.

In the meeting room of Suning headquarters, as the door was opened, the strong smell of cigarettes was accompanied by the air conditioner, blowing towards the face.

It was past eleven o'clock at noon, and the temperature outside was already 37-[-] degrees Celsius. This year's "autumn tiger" has not yet ended, and the flowers and plants in the flower beds on the roadside have been wilted.

A vice president just hurried back from Guangling, saw that everyone had already left, and hurriedly asked:

"As soon as I got there, I hurried back. The tires of the car were almost smoking, and I didn't have time to do anything. I heard that the little richest man in Hong Kong City plans to invest 30 to [-] billion in the company. Have you reached a conclusion? "

The founder of Suning, Boss Zhang, shook his head and told him: "I feel that I still need to get in touch with each other first, and then make a decision after understanding the other party's thoughts. A bunch of old smokers choked my eyes sorely. Go to my office and sit down. Gotta call them back."

The vice president surnamed Sun heard the words and reminded:

"If we don't get in touch as soon as possible, the money may be taken away by others, and we will be very passive at that time. Such a large sum of money is enough to open a chain store in all first- and second-tier cities, not to mention that the Meidi Group is still owned by others. , the supply price may be lowered."

"We discussed it. I know what you mentioned, so I want to call back as soon as possible."

Boss Zhang rubbed his temples, feeling that this kind of thing is more troublesome than a problem with a supplier. If you cooperate with a large company, you may seek skin from a tiger if you are not careful, and fall into a passive situation.

However, the large sum of money that Su Yehao provided was too tempting. It was so much that he had self-knowledge, knowing that with Suning's scale, he couldn't afford it all.

You know, even if the performance of this year is soaring, Suning's revenue in the first three quarters is only more than 7 million yuan.

And that's just revenue, with a gross margin of almost 14%, which doesn't make a lot of money after deducting expenses.

Boss Zhang returned to the office, sat down lazily, suddenly asked a question, and said curiously: "Let us evaluate the little richest man, how much do you think our company is worth?"

The vice president surnamed Sun froze for a moment, and replied, "I'll let someone do the math later?"

"Okay, let someone complete the statistics as soon as possible, and give me an answer..."

What Su Yehao wanted was the valuation.

Few people in Suning understand this, and honestly counted their net assets.

That is, the funds minus the liabilities, plus the store value, logistics value, etc., did not consider the profit growth rate and brand value.

It took more than two hours, and many accountants didn't even eat. After tossing and counting, it was found that the company's total assets were only about [-] million yuan.

Boss Zhang didn't doubt him when he saw the number, his expression suddenly collapsed, thinking about how he got such a small amount of money.

The accountant who came to report told them in a firm tone that it was indeed only worth so much, and the value of some of the stores was estimated as high as possible, and the vehicle depreciation fee was not calculated, otherwise the figure would be even lower.

On the phone with someone from the 5S asset management branch, he reported a value of [-] million yuan with a little guilty conscience.

A billionaire in 2000 is definitely rich in gold in the mainland, but it depends on who he compares with. Facing Su Yehao with assets exceeding [-] billion, it is really difficult to find self-confidence.

Knowing that Suning's valuation is only [-] million, Su Yehao was confused by this figure.

He had already seen news from the news that Suning's revenue in the first half of the year was more than [-] million yuan.

Even if only 5% of the net profit is counted, there should be an annual income of 5000 to [-] million yuan. How could it be possible to only offer a valuation of [-] million yuan?

After a little thought, I guessed that the company's valuation and net assets should be confused.

This made Su Yehao dumbfounded. He really had the urge to immediately spend [-] million yuan to sign the acquisition agreement as soon as possible.

but.

Regardless of personal business or 5S asset management company, there are many businesses related to investment. It is a bit of a small loss to make people die for a small profit.

When others think about it, they will inevitably take this kind of thing as a stain and bring it up repeatedly on Su Yehao's head, which will affect his reputation with the outside world, and the loss outweighs the gain.

What's more, this time I plan to carry out financing through 5S asset management. Of course, there is no need to make investors profit, but pour the shit pot on my head.

So Su Yehao personally called back and asked Boss Zhang and the others to go to a securities company or a university majoring in finance to find a few people who understand valuation to recalculate.

This made many Suning executives who were waiting for the news couldn't help but blush.

The two companies were talking about financing, but the investor pointed out that the price was lowered. If the news got out, they would be laughed at.

Look at those Silicon Valley internet companies, they dared to make an offer of 1000 billion US dollars after earning 20 million US dollars in the first half of the year, and even worse, even if they lost hundreds of millions of dollars, they dared to talk about their market share high price.

Comparing the two, the more you think about it, the more funny it becomes.

It was precisely because of this incident that Su Yehao had the idea of ​​establishing a corporate rating agency to develop into consulting companies and investment banking businesses.

In the business field, there are not many kind-hearted people like him. It is hard to guarantee that those foreign companies will not reach a tacit understanding. According to the traditional business field, they only give a certain premium to the company's net assets, and then directly acquire financing.

Brand value, market share, and profit growth can all be incorporated into valuation calculation formulas for statistics, such as market share method, perpetual operation method, dividend rate valuation, and so on.

Although many companies in the mainland do not make money, due to the special business environment in the early years, their market share is astonishingly high. In fact, as long as they invest in serious rectification and reform, it is easy to change their appearance and regain their vitality.

There is still no news from Gome Electric.

At around three o'clock in the afternoon, during Su Yehao's visit to the Jinmao Tower, Suning gave a new valuation, calling for a price of [-] million yuan.

Su Yehao didn't hesitate much, instead he started to lower the price.

It is proposed that 5S invest 5 million RMB, and the two parties jointly establish a new company. At that time, 49S Asset Management will hold [-]% of the shares, and additionally assist Suning to obtain a low-interest loan of [-] billion RMB, and give up the right to participate in the company's decision-making. Only supervision suggestions right.

The premise of giving up decision-making power is that Suning is in a profitable state, and its annual performance has increased by more than 10% year-on-year.

In other words, as long as the company's performance growth rate remains above 10%, 5S Asset Management will not exercise its decision-making power, which is equivalent to giving Suning freedom and at the same time putting a security lock on it.

Facing Su Yehao's offer, Boss Zhang Suning struggled... What the hell!

In the morning, I realized that the company is only worth 49 million yuan. Now the other party has raised [-] million yuan for the company, only [-]% of the equity, and also helped the company get a loan of [-] billion yuan. What a surprise!

In fact, based on Suning's performance, the valuation of [-] million yuan is a bit high, but it's not too high.

It is expected to have a gross profit of more than 1 million yuan this year, and almost [-]% of its net profit. If it is calculated based on the average price-earnings ratio in the stock market, it is indeed worth [-] to [-] million yuan...

Chapter 710 I have decided

Yin Liuli is still waiting in the casino.

The follow-up work was handed over to the team at the headquarters of the 5S asset management company. Just after finishing their work that night, Su Yehao flew back to the casino from the Shanghai stock market overnight.

Take the car to the villa on Taipa Island. On the way, you can see that on the open-air square given to Jiang Yu, the Shwedagon Pagoda has been lit up, and the laser beams are flying straight into the sky, resplendent and resplendent.

The first two months happened to be summer vacation, during which there were many tourists.

The open-air market will start in July, and some vendors will be arranged for trial operation in advance. The monthly subscription fee for setting up a stall is 160 Hong Kong dollars. In addition, you can rent a stall at a price of [-] yuan a day, and use a floor stall of about [-] square meters per day.

In addition, on both sides of the square, there are also some temporary shops for rent to build a food street and a pedestrian shopping street.

At the most time in August, it successfully attracted more than 500 merchants to settle in, and some Hong Kong residents even went to this market to visit and play. If the passenger flow can be stable, the daily rent is quite considerable.

When I saw Yin Liuli, it was already early ten o'clock in the evening.

The girl was wearing pajamas in the shape of a bear, poured Su Yehao a glass of warm water with sleepy eyes, and said softly, "I thought you would stay in Shanghai for a few days, why did you come back so soon?"

"I want to see you and the baby, so I'll come back as soon as I'm done."

Su Yehao put his hands on her stomach, and he could even touch the vest line. Like a small waist, he might suffer a little bit during pregnancy, so he could only control his diet as much as possible to prevent the baby from growing too big.

Seeing this, Yin Liuli smiled and said, "The doctor told me that it only weighs a few grams now, which is about the same as a bird's egg. It would be strange to feel it."

"It's okay, let's feel it in advance."

Seeing her dozing off, Su Yehao continued: "If I had known that you had already rested, then I would have come back tomorrow. It doesn't matter to me, so you go back to bed and sleep?"

"I'm fine. In fact, I took a nap for three hours. The weather has been relatively comfortable recently. I asked for leave from your family trust. I slept for about nine and a half hours during the day. It was only a light sleep just now."

Changing the subject, Yin Liuli touched her stomach and asked, "What are you doing in Shanghai today?"

"It's mainly a 5S asset management company. It's just started, and I need to keep an eye on it. I suddenly found that the chain home appliance sales industry is interesting, and I temporarily proposed financing a Jinling company called Suning. It should be because I am more kind in business, and they immediately agreed. The conditions I offered are very worry-free."

Honestly.

Su Yehao originally thought that Suning's boss Zhang would bargain with him on the agreement on the 10% annualized growth rate.

Unexpectedly, after the conditions were issued, only half an hour later, the other party agreed.

Judging by the attitude of preparing the contract immediately, it was like a duck that was afraid that its mouth would fly away. In order to avoid long nights and dreams, Boss Zhang even invited Su Yehao to Jinling for inspection.

It's just that Su Yehao had just tossed about for several days and was too lazy to socialize and walk around, so he found an excuse to decline the other party's kindness, and only said that he would definitely go next time he had the opportunity.

Yin Liuli nodded her head after hearing him finish the cause and effect, and said to him:

"If I were me, I would immediately agree. Not only can I get a lot of development funds, but I don't have to worry about being tied down by you in the short term. The effect is far more than just one plus one equals two. It might have been worth seven or eight billion before. But with your financing, you may soon be able to develop into a company worth 50 billion yuan."

Su Yehao smiled and said:

"If it's only 50 billion yuan, then this business is screwed up. 500 billion yuan is about the same. You used to live on the island, and now you live in the casino. The living environment is getting smaller and smaller. It's hard to imagine a In a market with a population of more than one billion, as long as residents’ income increases, the potential for consumption will be huge.”

"That's right, there are only a few 10 people in the casino city, which is considered a small city in the mainland."

"City? From the perspective of population alone, townships are about the same. If you die, it is a county-level city, and its area is much smaller than others."

After speaking with a smile, Su Yehao asked her again: "Is your health good these days? In fact, I have thought about where to buy a farm with a good environment so that you can raise your baby with peace of mind. What do you think of your hometown?"

"...Can't you live in Las Vegas?"

"No, I'm just asking you. The casino is discussing the splitting of the gaming licenses. There are more and more construction sites on Taipa Island. When the time comes, the surrounding area will definitely be noisy. I'm afraid you won't feel comfortable living there."

In fact, Su Yehao was a little worried that the casino was too small, and it would be difficult for Yin Liuli to walk around with a big belly in the future.

If something happens in this place in the morning, it will spread throughout the city without waiting until noon.

If the news leaked out, on the one hand, it would be easy to put Su Yehao on the fire, and on the other hand, it would not be good for Yin Liuli. It was almost certain that he would be harassed by paparazzi all day long.

Ever since she found out that she has a baby, Yin Liuli has been thinking wildly recently, inevitably thinking about what will happen in the future. She put her arms around Su Yehao's arm and told:

"There are quite a lot of construction sites on Taipa Island recently. There are several projects in your family alone. It is okay to go back to the island for a while, but there is no need to buy a farm. I remember that the land price is very expensive."

"Hundreds of thousands per mu of land is really expensive."