I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Chapter 690 Secretary You’s reminder at 3 pm the next day.

The financing contract has finally been fully drafted.

The entire Aomori Cycling Group is valued at 50 billion Euros, with Alibaba leading the way with an investment of 7.5 million Euros to acquire a 15% stake.

It also includes a series of support policies, including requirements for the merger of some resources.

Although OFO company resources were not written in black and white in the contract, both parties knew about it tacitly.

At the same time, if the requirements are not met, an additional penalty of 2.5 million euros will be required!

SoftBank invested 1 million US dollars, accounting for 2% of the shares. Sequoia, Goldman Sachs and Goldman Sachs all participated, each holding 1%.

Aomori Cycling sold a total of 20% of its shares.

After the C round of financing is finalized.

In Aomori Cycling, the major shareholders are still Hu Sen and his founding team, with a total of 44.8% of the shares remaining.

Meituan is the largest shareholder other than the founder, holding 20.8% of the shares. After the dilution of Haoyue Capital's equity, it still has 14.4% of the shares.

It only took 3 months from Round B to Round C.

Aomori Cycling’s valuation soared from 15 billion yuan to 50 billion yuan, equivalent to 350 billion yuan.

More than 20 times!

This is not the reason for Aomori's development or how much the user base has grown.

It’s simply because the industry leader has fallen, and the original business model of the entire industry needs to be adjusted.

Aomori Cycling has suddenly become the representative of a new business model in the industry, and is truly enjoying the same market financing treatment that OFO originally enjoyed.

Of course, this enjoyment also caused the wealth of Jiang Hao, Mr. Wang and Hu Sen to skyrocket.

The several years of time and financial investment have paid off tremendously.

This is also the reward for the fact that the entire industry went in the wrong direction back then, but only these three people persisted until now!

Mr. Ma worked hard to invest money and effort in this round, but in the end his share in Aomori Cycling was just the same as Jiang Hao's Haoyue Capital.

And Jiang Hao also intends not to continue investing in the C round to reduce the presence of Haoyue Capital as much as possible!

In today's fierce environment where Alibaba and Tencent are competing with each other across the entire industry, there is a corner that no one is paying attention to.

Jiang Hao's Haijing Technology and the Haoyue Capital behind him are actually expanding rapidly at a speed far beyond everyone's imagination!

……

Hu Sen arranged a celebration banquet in the evening at the Jiangnan Center Building.

It is currently the tallest building in the province and also the most impressive place in the province!

But this high-rise building is actually quite messy, with businesses, hotels and restaurants.

The restaurant arranged by Hu Sen, on the 67th floor, only occupies one-third of the area.

Apart from the really great scenery and the sense of success that comes from looking down, the taste of the food is hard to describe.

This is also the reason why Jiang Hao chose to get engaged at Songjiang International Hotel instead of a restaurant in this first high-rise building.

Of course, this place is still very suitable for business celebration banquets.

In particular, the conversation banquet arranged by Hu Sen was a Western-style buffet.

At the reminder of Mr. Wang, Jiang Hao walked quickly towards the door with the wine glass in his left hand.

Outside the door, a man in his fifties, wearing a black jacket and looking very upright, appeared at the door.

Behind him was a young man in his thirties with a smile on his face. This young man was Director Qi, an acquaintance of Jiang Hao.

As for the middle-aged man in the lead, needless to say, he is Secretary You, the top leader of Songjiang City.

At this moment, Mr. Ma, many representatives of investors and other people have gathered around.

Hu Sen shook hands with Secretary You first, followed by General Manager Ma and other investors who shook hands and exchanged greetings.

Everyone has invested a lot in Songjiang City now, and they all respect Secretary You.

At least the business environment in Songjiang City as a whole is still very open and the policies are relatively flexible, which makes Secretary You very popular.

Compared with the past few years when people were attracted to invest here, now that the city’s enterprises are beginning to grow, more and more companies are coming to Songjiang to start businesses even without any publicity.

After a brief greeting, Secretary You finally pulled Hu Sen to Jiang Hao's side.

"Mr. Hu, congratulations!"

"After Totoro, I finally succeeded in starting my own business. Songjiang City now has another unicorn company and a new billionaire!"

Hu Sen is actually from Shanghai, but he has transferred his household registration to Songjiang since last year.

It's not to please the local city or to get better business policies.

Songjiang City’s business policies do not consider household registration.

The main reason is the real estate purchase restrictions in Songjiang City!

If you don’t have a household registration, you are not allowed to buy real estate in the core area of ​​Jiangning District.

Those with a registered permanent residence are also limited to purchasing two houses, and the license plate also requires a registered permanent residence, and out-of-town license plates are not restricted.

From a certain perspective, Songjiang City has been developing very fast in recent years and has a large population. It is already moving towards becoming one of the four true first-tier cities.

So it is not empty talk to say that the city has gained a new billionaire, but it is still a long way for Brother Hu to go public and cash out.

At this moment, he was smiling and being humble with Secretary You.

"Secretary You, I really didn't expect you to come over tonight."

As a business celebration party, Jiang Hao guessed that the scale of Aomori cycling had suddenly increased dramatically, attracting the attention of the city or the province.

Secretary You came as a representative to encourage Hu Sen and express the province's importance attached to cycling in Qingsen.

"Haha! How could I not come to such an excellent company like Aomori Cycling?"

"And there are a few pieces of news that I need to tell you in advance."

Jiang Hao's face instantly became serious when he heard this, and he put the wine glass in his hand on the table beside him.

Secretary You came here specifically to tell me? This news must be extraordinary!

"Don't be nervous! It's not a bad thing."

"It's about the shared bike industry. I heard that the Ministry of Transport held a meeting overnight these days, and a new guiding document has been submitted to the province for comments."

"If nothing unexpected happens, the execution will be officially issued next week."

The shared bicycle industry is generally under the jurisdiction of the Ministry of Transport.

Nowadays, OFO’s deposit refund issue has a very bad impact due to the extremely fast network transmission!

No wonder the Ministry of Transport issued a guiding document!

"Secretary You, what does the document contain?"

Hu Sen was also listening attentively at this moment, his eyes focused on Secretary You.

“It’s about setting new standards for the industry.”

"The first is to open a company license for the shared bicycle industry, which needs to be reviewed by the Ministry of Transport before it can officially enter the industry."

"We have already reported the Aomori ride to the province. Anyway, the license plate will be automatically obtained from the date the document is executed."

After all, it is now a large enterprise in the province, and has been developing in this industry for more than two years. There will definitely be no problem with this kind of license.

"The second one is about deposits. In principle, all cycling companies are not allowed to collect deposits from users."

"If it is really necessary, you need to open a special guarantee account in the bank. The funds in the account cannot be used for other purposes except for the interest!"

In an instant, a smile appeared on Hu Sen's face!

This may be a bolt from the blue for other companies in the industry, but it is definitely a great benefit to Aomori Cycling!