I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 740: Investing in Xiaomi Motors
At around nine o'clock in the evening, there was finally new progress in the US sanctions on Haijing.
We acknowledged the judge's verdict on the case and recognized that the Whale platform did not violate citizens' privacy and national security.
At the same time, the restrictions on the Whale platform were officially lifted.
The 168-day countdown hanging over Hai Whale’s head has finally been lifted.
Of course, Jiang Hao knew that everything written in the government notice was false and was just an excuse.
In fact, it was the support of domestic forces that enabled the Whale platform to emerge from this incident.
On the night the announcement was released, many video clips on Haijing and the Whale platform played the news.
By the next morning, many core users of the Haijing platform, including those who used Haijing because of this incident, were completely excited.
Many of Haijing’s top bloggers also breathed a sigh of relief.
After all, they make money and make a living on the Haijing platform, so of course they hope that the platform will get better and better and they can earn more and more.
The entire industrial chain of Haijing has already affected the jobs of countless people.
On the same day, the number of downloads of the Whale platform and Haijing began to rise again.
The number of daily active users is heading towards a new high, and even the People's Daily publicized the entire process from the sanctions on Haijing to their lifting.
All of a sudden, sea whales appeared in everyone's sight again.
One week after the lifting of the ban, the number of daily active users on Haijing’s main platform reached a new high of 1.03 million!
Including the daily active users of the express version and excluding the overlapping numbers, the daily active users in China alone exceed 1.4 million.
This number of daily active users exceeded Baidu's data of 1.37 million last month for the first time.
It can be said that it is catching up with WeChat, which has the highest daily active users in China, but WeChat has 4.7 million daily active users and over 9 million monthly active users.
For the time being, it is still a mountain that sea whales cannot cross.
Unless the overseas Whale platform is taken into account, the two sides will have the strength to fight.
But no matter what, Haijing's influence today has truly surpassed Baidu, becoming the second most active application in the country.
In this regard, the upcoming Series D round of financing is extremely good news.
Of course, Jiang Hao couldn’t take care of these for the time being.
He just flew to the capital early this morning and is currently visiting Xiaomi Group, being led by CEO Lei.
"Boss Lei, you're moving too fast."
"How long has it been since we last met? Are you going to start right away?"
Jiang Hao and Mr. Lei walked in front, followed by a crowd of about a dozen people in white shirts.
They were all senior executives of the group. At this moment, they were looking at Jiang Hao and Mr. Lei in front of them with smiles on their faces, and were ready to give a detailed introduction to a certain business at any time.
"Haha! The approval of the car manufacturing qualification was faster than I thought, and it was also because of the confidence you gave me, Mr. Jiang!"
"If it weren't for your full support from Kirin Battery, I wouldn't dare to start this project so early."
That’s right, Jiang Hao came to the capital today specifically to sign the company establishment documents regarding car manufacturing with President Lei.
Xiaomi Auto Co., Ltd. is controlled by Xiaomi Automotive Technology Co., Ltd. and is also affiliated to the group.
This is equivalent to setting up multiple shells to control this automobile company.
According to the preliminary agreement between Mr. Lei and Jiang Hao on the phone, it is expected to invest RMB 10 billion and transfer points of shares to him.
Jiang Hao’s only responsibility is to arrange long-term cooperation between Kirin Battery and Xiaomi Auto and provide battery supply.
Of course, this is just the initial investment. Ten billion RMB alone won’t produce anything when it comes to building a car.
Even after the design is completed, it may not be enough to find a foundry to produce it.
There will be additional investment in the future, and Mr. Lei expects it to be controlled within 10 billion to build the first car.
Jiang Hao thought that based on Xpeng Motors' history of car manufacturing, this number might not be enough, but since the production has not started yet, he naturally did not dare to say more.
Especially Mr. Lei probably hasn’t been in a good mood these past two days.
Xiaomi Group was just listed on the Hong Kong stock market the day before yesterday, with a pre-IPO valuation of 550 billion yuan.
After the actual IPO, the stock price suffered a setback and fell. Today, the market value is less than the financing valuation of investors, which is only more than 470 billion US dollars.
It can be said that the entire listing was definitely not what Mr. Lei expected.
Even Jiang Hao himself thought that Xiaomi Technology's market value would surge after its listing. If the market expectations were good, the market value might reach 7-8 billion yuan.
Given the current situation, Jiang Hao tried his best not to mention this matter after arriving at the place today.
He just listened attentively as Mr. Lei introduced the business of each department of the group to him, including the upcoming car manufacturing business.
He thought it was just a symbolic visit, but after Mr. Lei introduced it to him, Jiang Hao felt that he had gained a lot.
There are many aspects of Mr. Lei’s company’s management system that he can refer to and learn from.
Jiang Hao himself is actually quite weak in the area of CEO.
The Totoro is managed by Hu Sen, and Hai Jing's management model is based on some large enterprises in later generations.
Especially after the division of business line management, his authority as CEO has been reduced a lot, which is why he is currently able to manage Haijing Technology on his own.
But in fact, Jiang Hao lacks experience in real group management.
After today's visit, there were indeed many things that made him pay attention and think deeply.
"Boss Jiang, this is the specific contract, take a look first."
In the conference room, Mr. Lei's assistant handed him a cup of water and a document.
The above is about the registration of company shares and power custody.
Jiang Hao read it carefully for a quarter of an hour, and after finding that there were no problems with the registered capital and some of the clauses regarding his own requirements, he signed directly.
For Xiaomi Auto, he represents the psychology of investors.
There are five founding shareholders including him, and Mr. Lei holds 80% of the shares. He is the largest shareholder with a 10% stake.
As the largest shareholder, he probably won’t be able to stay for long. After the first round of financing, he will have to step back.
"Boss Jiang, your Haijing has been developing very well recently!"
"The internet is flooded with news about your company. How is it going? Has the traffic data increased recently?"
Mr. Lei took the contract and handed it to the assistant beside him without even looking at it, while chatting with him.
"Yes! I'm quite satisfied with the recent data of the sea whale."
"This month, our daily active users have surpassed Baidu. If we don't count Whale's data, we still have a long way to go to catch up with WeChat."
Mr. Lei is also one of the shareholders of Haijing, and Jiang Hao did not hide any of this data.
"So is round D coming soon?"
"Haha! Mr. Lei, that's exactly what I wanted to tell you this time."
"I have asked the company to prepare data reports and make some business adjustments. If things go well, we will be able to start financing in half a month."
"If you are free at that time, I guess I'll have to trouble you to come and help."
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