Reborn Entrepreneurial Giant.

Chapter 399 Star Fund (Part [-])

The China-Europe freight train is of great significance. The earliest trip seemed to have been proposed by Hewlett-Packard, and with the cooperation of Chongqing, it departed from Chongqing in March 2011.For a long period of time, the courts in various places have provided full freight subsidies, with the subsidy amount generally exceeding 3%. In some places, door-to-door delivery is free within 50 kilometers of the country.

If Jumei’s Shopee business can develop, China-Europe trains will be an important supplement to transportation capacity and can become an important mode of transportation for Honor to the EU. It is also the main way to import time-sensitive goods, such as milk originating in Europe.If the operation is good, it can be sold in China one month after production in Europe.

After discussing these tasks, Qu Li continued to talk about Jumei's issuance of US$10 billion in bonds, and his personal intention to donate 2000 million Jumei shares and obtain super voting rights.The idea was formed after discussing it with his friends during his New Year’s Eve speech not long ago.

If Honor is going to be listed, the equity incentive plan must be further implemented. Some are free of charge, and some require payment. Qu Li personally wants to donate 500 million shares as rewards to core employees. For this reason, he and the two Friends from the company discussed this matter.

The 500 million shares were worth US$17.5 billion based on the value of this financing. All of them were given to employees. Even if they were retained and given to employees in the future, it would be a bit of a luxury. Zhou Shaoning gave up 1000 million shares before leaving, and 500 million was taken away by several venture capital investors. The remaining 500 million is used for equity incentives for high-end talents such as Lei Jun, which is enough for Lei Jun, Zhang Yaqin, Su Zifeng and others to share.

"Then I will add another 500 million to collect 1000 million shares and establish a public welfare scientific research fund." After thinking for a long time, Qu Li came up with an improvement plan.

"How could you have such an idea?"

"Most of the scientific research our companies do is for profit, but the progress of human beings and society cannot only be based on profit. I want to do something that will not make money in the short term but is useful to the entire society, such as the Internet plus agriculture, and Internet processing. factory, as well as biology, medical care, food safety, etc.

We have entered the information age, and the speed of wealth accumulation is so fast. Will the divide between rich and poor in the entire society intensify? When the domestic economy stagnates, will hatred of the rich break out..." Qu Li spoke frankly about his thoughts.

The outbreak of some phenomena is inevitable in the domestic education environment. Textbooks clearly explain that capital exploits working people, but it does not say that enterprises can create wealth. Many people indiscriminately believe that the rich are the original sin.

After hearing this, everyone understood what Qu Li meant. One was for ideals, and the other was to avoid risks.Both of these things are difficult to evaluate, and I can’t give any reason to object at the moment.

“One more thing, I want to donate 2000 million Jumei shares, but I don’t want to lose control. Is it still possible to obtain Jumei’s super voting rights?”

"Why do you want this power? Are you still worried..."

“I don’t care much about my wealth and power in Jumei, but when Jumei becomes bigger, it may become a very influential retail giant. In the conflict between the two countries, I have to be on guard in case I am caught. Wall Street Capital.”

“Vision investing is unreliable?”

Only then did Qu Li remember that Vision Investment still had 2000 million shares of Jumei stock.

"Reliable, but uncontrollable." Qu Li did not elaborate.

"You can try."

This is not an easy task, but it is by no means impossible. Google also issued Class C shares without voting rights in 2015. Qu Li is now well-known. After Jumei went public in 08, its market value increased nearly five times in three years. , it seems to have increased 5 times since the lowest point in 08.Regardless of his personal ability or capital interests, Qu Li is worthy of investors. There should be little resistance, but he has to convince the company's management and then the board of directors.

As for how this non-profit foundation operates, what its bylaws are, and where it is established, these details need to be perfected by everyone. It is best if everyone has the money and ability to contribute. If you don't contribute anything, then you are definitely not a good partner for him.

Qu Li is obviously a rich man, why do he still have to pay for it as a worker? This has to be started from the perspective of human nature. If something is done well, there will be no benefit for you, and if it is done badly, there will be no loss. Who will care, so it is inevitable Let them pay while giving them enough honor.

On the other hand, no matter how humble Qu Li is, no one can erase the fact that he spends the most money, which can increase his influence in Jumei and Glory and enhance the sense of honor of the employees of the two companies, just like Chrysanthemum Factory and Ali Many employees are proud of the company, and it will be easier to recruit the best employees in the future, which will form a positive cycle.

At the same time, we promoted these things and first decided to privatize the "Danlin" brand. Qu Li and Chen Danlin paid for it. It was not expensive because they had signed various preferential cooperation agreements with Jumei. The price rose to about [-] million US dollars. Then Where will the money come from and how will the personnel be arranged?

Watching Qu Li deal with these matters, Chen Danlin did not refute, and she didn't know what she was thinking in her heart. Qu Li felt a little distressed, and took Liu Shulian, CEO of Fenghua International, who had taken over the "Danlin" brand, to discuss the company's subsequent development.

Jumei's Sun and Moon Fenghua was taken away from Fenghua by Qu Li, so let's think of another name. What a big deal, anyway, we don't sell products under the "Fenghua" brand now.

Liu Shulian is an "old man" in the sun and the moon, and she has a good relationship with Chen Danlin. Since Qu Li is willing to spend money to privatize this company, it means that this company still has potential.There will be a series of information disclosure processes in the future, which is not a big problem. If it were not for fear that someone would cause trouble after the "Danlin" brand developed well, it would not even have to be disclosed, let alone exceed the revenue of [-] million US dollars.

The three of them discussed the development of Fenghua Company. Lu Qi was arranging the issuance of U.S. dollar bonds. This preparation began at the end of 2010 and was officially launched after the financial report was released, hoping to obtain better ratings and lower interest rates.

Oh, and there is also a shareholders' meeting. Qu Li wants to convert some ordinary shares into Class B shares with super voting rights to prepare for the future issuance of Class C shares without voting rights.

Because he controls the board of directors, Qu Li personally, together with Lin Bing, Chen Danlin and other management, as well as Vision Investment, hold more than 60% of the shares, so there will basically be no substantial obstacles.

The issuance of US dollar bonds soon made progress. After acquiring Google Zhongguo, Jumei has the possibility of stable profitability, so its credit rating has been improved to Class A investment grade, which also means that the 5-year enterprise The interest rate of the bonds can be reduced to less than 3%, unlike the last time the interest rate of corporate bonds was issued, which was more than 5%.Baidu issued US$2012 billion in corporate bonds in 15, with a five-year interest rate of 5% and a 2.25-year interest rate of 10%. Do you think it would be a good or bad thing for domestic companies to lose the financing channel of Wall Street?