Reborn Entrepreneurial Giant.

Chapter 336 Acquisition of PCCW

Qu Li was making waves in Xingsha and convened Qiancheng Motor's shareholders' meeting. He once again elaborated on his business philosophy and insisted on self-research and forward research and development of pure electric vehicles.

Others are compromises for reality, such as splitting into two brands, the large-displacement high-priced Cheetah and the small-displacement and cost-effective Qiancheng.This year, a new brand identification system will be fully launched, from car logos, Chinese character logos to car "dragon design".

Honor, Changfeng and Xiangjiang Fortune are major shareholders of Qiancheng, and they are all within Qu Li's influence, so there will be no twists and turns in the shareholders' meeting.However, they talk about learning from Chery Automobile and do self-research, but in reality they are learning from Geely and attaching great importance to marketing. Quli and Qiancheng are still very cunning.

A few days later, PCCW's general meeting of shareholders did not suffer any major setbacks. Vision Investment's acquisition of PCCW was successfully approved, attracting the attention of domestic and Hong Kong media.

It's not news that Charlie wanted to sell PCCW. It was big news that he actually sold it. After 10 years, he finally got rid of the situation. At the press conference, Charlie looked relaxed.

A reporter asked Charlie what his plan was to cash out US$10 billion. Charlie smiled and said he wanted to take a break. The scene was peaceful.

远景投资这次收购耗资接近75亿港元接近10亿美元，最终会持有电讯盈和32%的股份，收购价格是3.45港元溢价约56%。

Because Vision Investment does not want a full acquisition, it still needs approval from relevant departments in Xiangjiang. Generally speaking, it is not a big problem.

Many things happened at PCCW's general meeting of shareholders, such as the company's name being changed to PCCW, and the name of its controlled real estate company being changed to PCCW Dayan Real Estate, which is still being sorted out.But it is strange that the board of directors changes at the same time. Vision Investment invited Ali's mother Guan Mingsheng to become the chairman of PCCW, and Gan Shihua took over as CEO. What is even stranger is that Qu Li joined the board of directors of PCCW.

So many people don't understand Qu Li's positioning for himself. You are not satisfied with Jumei and Glory. How can you be busy?

These people obviously don't understand men's possessiveness. What's wrong with being too busy? Anyway, I can't let you live when I'm free.What's so great about having more companies? Business leaders decide to do the right thing, and managers are responsible for doing it right.

At a meeting at PCCW, Qu Li finally had direct communication with Guan Mingsheng, a well-known professional manager.

Gan Shihua made plans according to Qu Li's ideas, with telecommunications business as the foundation and focusing on developing enterprise services and IT operation and maintenance management software ITOM business, including building data centers in China, Europe and the United States.

Of course, the domestic business must cooperate with China Unicom, the major shareholder. If it doesn't work, forget it. Qu Li's propositions are relatively conservative. The data center business is asset-heavy, the return on investment is relatively stable, the risk is relatively small, and there has been communication in advance. China Unicom is in the telecommunications industry. Yinghe's directors did not object.

As for the cooperation between PCCW and China Unicom to build a data center, they still need to discuss it in China. Even if they don't want to cooperate, Jumei itself has the qualifications. Neither company is rich, and the early development may be slow. Think of cloud computing. The development is not fast, and the impact does not seem to be big.

In Xiangjiang, I had a meeting with PCCW and the board of directors, chatted and ate, and the relationship was relatively harmonious. After all, the investment in PCCW and China Unicom were not the fault of the current incumbent. They were already in such bad shape. If I leave it to Qu Li, maybe he can create miracles. Besides, In 2010, Honor and China Unicom launched a large-scale cooperation. Magic and subsequent mate mobile phones were mainly sold through China Unicom's channels.

It’s not that Qu Li likes China Unicom, it’s that China Mobile has always wanted Honor to develop carrier-customized phones. This is not in line with Honor’s strategic plan. In addition, domestic sales account for only about 10%. Qu Li decisively chose to keep close contact with them. China Unicom.

In 2010, China Unicom spent a lot of money to subsidize Apple's iPhone while subsidizing Honor. With the advantages of terminal equipment and network, the number of new users exceeded that of China Mobile.At this time, China Unicom was very ambitious and might not refuse to cooperate with PCCW to build a data center, but it seemed impossible to know how much they would attach importance to it.

The director arranged by China Unicom left, and Qu Li met with the person in charge of Yingda Real Estate. Only then did Qu Li discover why Charlie Li was unwilling to give up Yingda Real Estate. The company's cash and cash equivalents were as high as 55 billion, which seemed to be no better than Sunac and Evergrande. The amount of financing is low.Originally, Superboy Charlie Li wanted to distribute special dividends and give away more than half of the cash before leaving, but Vision United and China Unicom rejected this proposal.

"So you want to continue doing real estate development in China?" Qu Li

"Yes, Charlie Li didn't want to develop in the country before, but after he left..."

"It's a coincidence that Yingda's land in Beijin was not confiscated. We won't be so lucky next time. We don't have government resources..." Envision Investment arranged for people to join the board of directors of Yingda Real Estate

"It's not necessary. Even if we don't develop residential buildings, we can do commercial real estate. There are not many domestic competitors..." Peng Haichao, CEO of Yingda, said and came up with his own plan: a commercial complex.

Qu Li looked at it and found it looked familiar: "What's the difference between this and an urban complex?"

This is not a strange thing caused by Qu Li. The concept of urban complex has been proposed a long time ago. There is already a lot of advanced experience abroad that is worth learning, and it is not Wanda's original creation.

Peng Haichao finally got the opportunity to interview Qu Li. He prepared a lot for this and said without any stage fright: "Urban complexes are based on building groups and integrate commercial retail, business offices, hotels and restaurants, It is a "city within a city" that integrates the five core functions of apartment residences and comprehensive entertainment; a commercial complex is a functional integration of commerce, office, residence, catering, entertainment, etc. in the city, transforming it from a commercial center to a life center..."

Sure enough, isn't this the same trick Wan Da played later!Qu Li vaguely remembered that Wanda was bragging like this, so there were Wanda cities all over the country.

"The scale of this investment is not small..." Qu Licai didn't think Yingda Real Estate had Wanda's strength and team.

"For sale and rent, about 50% of the residential buildings, office buildings, and small shops in the project will be sold, and the core shopping center will be retained..." Peng Haichao

"Do you want scale or efficiency?" Qu Li asked whether Peng Haichao wanted to build Wanda or Vientiane City. It is said that although Wanda City is large, the rent per square meter in the sub-center of the city only costs a few yuan. The rent per square meter in the city is hundreds or even thousands.

"It's best to be efficient, a harbor city... If we can build a few commercial complex projects, maybe we can export brands in the future and make money from management services..."

"Tell me in detail how to create a living center..." Qu Li became interested.

Peng Haichao was a little excited: "Okay!" and began to elaborate on his plan to build a high-quality commercial complex!