This year's Mid-Autumn Festival holiday lasts for three days, from September 15 to 17. Work as usual on Sundays. For the two teams of Phoenix Fund and LeEco that are "negotiating", the Mid-Autumn Festival did not have a holiday but continued to work overtime, and on the 21st, the two sides finally negotiated the details of the acquisition and formed the contract text.

At about 4 o'clock in the afternoon, in the conference room of LETV Building, Cao Danqing and Liu Hong, CEO of LETV, each signed their names on a contract and stamped the official seal of their respective companies.

There was a round of applause in the conference room.

This comes from the heart. From the 12th to the present, it is a personal feeling of exhaustion and should be over quickly.

Liu Hong handed over the contract to the assistant and said with relief: "Mr. Cao, congratulations on our agreement." Tonight, we are preparing a celebratory reception at the Wanda Hotel, and I would like to invite all of you from the Phoenix Fund to attend. ”

The two sides sit across the oval conference table. On the opposite side, Cao Danqing was dressed in a delicate light blue profession, with a slender and tall figure. With an elegant and charming young woman's style, she nodded and said, "Thank you Mr. Cao for your arrangement." We will attend on time. ”

Liu Hong said with a smile: "The press conference in front of the media is scheduled for two days tomorrow afternoon. I will ask the assistant to inform Mr. Cao. ”

Cao Danqing said: "No problem. ”

The entourage of both sides stood up one after another, shook hands and said goodbye.

This time, the Phoenix Fund invested 6 billion yuan to acquire LeTV Pictures and Huaer Film and Television. Among them, the valuation of LeTV Pictures is 4.5 billion yuan. The valuation of Huaer Film and Television is 1.5 billion yuan. The Phoenix Fund will also invest $100 million in the LeEco super car project, and will also invest a total of $400 million in two installments.

Coupled with the shares of Coolpad Mobile that Phoenix Fund spent $396 million to acquire.

What was announced to the public was that the Phoenix Fund spent a total of 12.643 billion yuan on LeTV's asset package. LeEco holds 200 press conferences a year to maintain its own popularity. The acquisition is undoubtedly extremely remarkable.

At about 6 o'clock in the evening of the same day, the news on the Internet spread half-concealed. The circle of friends of the employees of LeTV's propaganda department, as well as WeChat's words leaked to the media. Public opinion has been stirred up.

LeEco has been surrounded by negative headlines about a lack of money all this time, which is big news if the financing is successful.

Sure enough, at a press conference held on Thursday afternoon, the exact figures were given, and the domestic financial media was boiling. The news spread quickly throughout the country.

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That night, the host broadcast the news on the CCTV financial channel, that is, CCTV 2's ace program "Economic Half Hour" at 8 o'clock in the evening.

"LeTV, which is deeply involved in negative rumors about various capital chains, sold its assets to Phoenix Fund at a price of 12.643 billion yuan today. Let's take a look at the report sent back by the reporter in front. ”

The TV screen turned back to the press conference of LeEco and Phoenix Fund in the afternoon.

A reporter from CCTV's financial channel asked, "My question is for the Phoenix Fund." Hello, President Cao. What kind of consideration did Phoenix Fund have for spending a huge amount of money to acquire LeEco's asset portfolio?"

Cao Danqing's delicate and pretty face has been impressed by people who pay attention to financial news during this time. It's just that she is not so glamorous on the camera today, but has a very plain style, and she also wears a dirty black-framed glasses, which suddenly pulls her age to more than thirty years old.

Cao Danqing said calmly: "We are optimistic about the development of China's film and television industry and the field of electric vehicles. LeTV Pictures and Huaer Film and Television are all very good film and television production companies. The LETV super car project is favored by domestic capital. We are also very interested in investing in such a good project. ”

The screen turned again and returned to the live broadcast room. The host said: "Next, let's contact our commentator, Mr. Ma Daosoft, a well-known economist. Hello, commentators. ”

"Hello, host. ”

"In this afternoon, LeTV and Phoenix Fund jointly held a press conference to announce a major asset sale. What do you think of this news?"

Ma Dao said softly: "I also saw relevant information on the Internet in the afternoon with this news. To be honest, I was surprised. First, as a star Internet company in China, I have done some research on them. Their business logic is ecological anti.

So, where is the internal logic of selling content production companies like LeTV Pictures and Huaer Film and Television now?

Second, the Phoenix Fund is a capital that has recently gained a reputation in China. The $8.2 billion acquisition of Uber China in August was a surprise. Now it has spent 12.6 billion yuan to acquire LeTV's asset portfolio. It's ambitious.

I did my research, and the Phoenix Fund is registered in Beijing. But its shareholders are: Jiuge Capital, Dayou Bank, and Zhaoshi Group. These are Hong Kong-funded and foreign-funded enterprises. Therefore, he is essentially a foreign-funded enterprise. This is a noteworthy place.

In addition, I think that the field of electric vehicles, which has always been favored by capital, is about to usher in a very powerful player. Other car-making companies, be vigilant, the wolf is coming. ”

The moderator said, "Okay, commentator. Let's move on to the next piece of news. ”

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When the CCTV financial channel made a report, the three major domestic portals: Sina, Sohu, and NetEase had already posted relevant web news.

The comments below aren't really hot. This is normal. Ordinary netizens don't pay much attention to financial news.

But the spread of this information is very terrifying. How many netizens did you have in the country in 2016?

Baidu post bar, a hot post in a stock trading bar is very high.

"The title is long-LeTV's stock price is about to rise,If it doesn't rise to 170 yuan,I'll eat live feed。 Please supervise. ”

In this evening, among the web news swiped out by the browsers of various mobile phones, one of the group of news that is basically refreshed every time is related to the acquisition. These are all articles written by self-media.

The well-known domestic financial portal "Phoenix Finance" also launched a comment article in the evening: On the layout of the Phoenix Fund!

"The Phoenix Fund has foreign capital behind it, and it is expanding its territory in China. It has successively set foot in real estate, travel, film and television, electric vehicles, and mobile phones. They're trying to create a closed loop of users. ”

At about nine o'clock, as soon as she returned home, Lu Yu received a call from her assistant at Phoenix Terrace, informing her of the inquiry, "Lu Yu, I just found out that the actual controller of the Phoenix Fund is named Jing Gao." He currently lives in the capital. ”

"Help me contact the Phoenix Fund, I want to interview Shimoi Gao. Lu Yu walked into the house with his mobile phone and kicked his shoes off.

"Okay. ”

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Compared with the analysis of online financial people and the heated discussions of the media, Zhang Zhao, CEO of LeTV Pictures, is a little anxious.

LeEco holds about 51% of the shares of LeTV Pictures, and the rest of the shares are scattered among the various star shareholders. LeTV suddenly announced that it would sell its shares in LeTV Pictures, who wouldn't inquire?

Zhang Zhao followed the phone calls from all kinds of ghosts and snakes in the office, "Yes, yes." LeTV Pictures made a price of 4.5 billion yuan. ”

"Mr. Zhang, Mr. Jia's price is too kind. Our holdings have shrunk dramatically. Wasn't it still valued at 9.8 billion yuan in May? ”

Zhang Zhao said: "Hey, what we mean by Mr. Jia is that LeTV Pictures sells 5 billion, and Huaer Film and Television sells 1 billion." You know Mr. Jia! He doesn't value money. However, the people of the Phoenix Fund insisted on giving only 4.5 billion. I guess it's also to better recover the equity in your hands. ”

"Oh?"

Hung up the phone, and Zhang Zhao's mobile phone rang again. He's going to be very busy today. There are many shareholders of LeTV Pictures!

He began a new round of "explanations", or rumors. In short, he needs to seize control of LeTV Pictures.

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China's electric vehicle industry began to rise last year. A huge influx of capital. In addition to traditional car companies in the manufacture of electric vehicles, such as BYD, BAIC and so on. There are also a number of Internet car manufacturers emerging. The main players are "LeTV", "Weilai", "Ideal", "Xiaopeng" and so on.

According to the name in the media, "new car-making forces". The target is the American "Tesla".

In 2016, LeTV was still at its peak. Of course, it is starting to slide down slightly. In mid-September, it was revealed that it was in arrears with mobile phone suppliers. But there is no doubt that LeEco Super Car is the darling of capital.

In the early morning of September 20th, that is, the day before yesterday, LeTV founder Jabs announced at the LeTV Video 919 Gala that the first round of financing of LeTV's super car had been completed. The amount is $1.08 billion.

The participating capitals include: Yingda Capital, Shenzhen Venture Capital, Legend Holdings, Minsheng Trust, Xinhualian and Hongzhao Fund under the State Grid.

Not to mention the Phoenix Fund announced today with a $500 million investment in Series A+. It's really "the wolf is coming".

Tonight, the WeChat group of "Car Circle" is very lively.

"Mr. Li, what do you think?"

"I'm not Yuan Fang. ”

"Mr. Wang sent no food. Let's take a look. I reproduce the following excerpts. As follows: Phoenix Fund has no experience in the automotive industry at all, so they make strategic investments. What wolf is coming? Scare yourself. LeEco's problem is big. ”

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In the capital, the night is gradually deepening.

In the office of a real estate sales company, the lights are still bright at ten o'clock at night. Liu Sumei sat in the booth and looked at the email on the computer intently. From time to time, I asked the team members about their progress in the work group.

She was rushing for a contract text. Tomorrow we will use it in the negotiation with Party A.

At this time, Shen Ran came in from outside with a bunch of supper, milk tea, and coffee, "Come and get it directly." As he spoke, he took a cup of coffee and put it in Liu Sumei's hand, and whispered, "Master, Mr. Jing is famous." ”

Liu Sumei's body is convex and concave, with slender curves. The palm-sized face is delicate and flawless, and the big eyes are as black as gems. She gently pushed down her seat, turned to face Shen Ran, drank coffee, and said curiously, "What's wrong?"

Shen Ran turned on the news on his mobile phone and showed it to Liu Sumei, "The companies under his name have all been doxxed." It is estimated that the net worth is no less than $12 billion. ”

Liu Su glanced at her phone, slightly surprised, "Ah, I really didn't expect this!" She didn't expect Jing Gao to be so rich.

Shen Ran said: "Master, the jade tofu takeaway he sent you a few days ago tastes really good. I just called over the phone, and the hotel over there said it wouldn't deliver takeaways. ”

Liu Sumei couldn't help but smile and said, "Shen Ran, you have been a little floating since you bought a house in the capital." What do you compare to him? He is a real rich man. We are all small people. Let's get to work!"

Send away the apprentice who flattered her with a shy face, how could she not see his careful thoughts? Shen Ran, this kid is not an honest person, she doesn't want to fall in love with him. Moreover, this is the apprentice she brought out single-handedly. Thinking about that picture, it's just too inconsistent.

Liu Su shook his head with a smile, thought about it, and sent a message to Jing Gao with his mobile phone.

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At the same time, when it was like a pot of boiling water in various circles in China, Liu Qing, the president of Didi, had just stepped off the plane that landed in the capital. Hurriedly dragging his suitcase. She had just returned from Silicon Valley after talking about financing.

Since mid-August, Uber (China) has launched a full-scale subsidy war, burning $100 million a day. She is always confident in front of her colleagues in the company, but the pressure on her shoulders is very high.

Just thinking about it, Liu Qing's mobile phone rang, and it was Cheng Wei calling, "Liu Qing, have you arrived in the capital?" The company's car is already waiting at the airport, you go home and rest first." I'll talk about work tomorrow. ”

Liu Qing handed over the suitcase in his hand to the assistant, took the mobile phone and walked to the exit, sighed, and said, "Mr. Cheng, where can I wait for tomorrow? Phoenix Fund acquired LeTV's assets and became famous in one fell swoop! I estimate that our investors will be fluctuating. ”

Phoenix Fund's entry into other industries and fields has nothing to do with her. She didn't bother to pay attention. However, Phoenix Fund will make another 10 billion-level acquisition after a month, which will have a very big impact on people's hearts!

On the same day, Ren He suggested that Jinggao acquire LeTV's asset package, and the effect is now apparent. As an elite in the shopping mall, Liu Qing has realized this problem. Those financial analyses on the Internet don't get to the point at all.

This acquisition brings immeasurable "fame" to Phoenix Fund!

Cheng Wei also sighed, and said again: "There will always be a way." The funds on Didi's account can last for half a month. ”

Liu Qing said: "I'll go back to the company and have a meeting with you." With that, he hung up the phone. After thinking about it, I called my friend Guo Lingyu in Goldman Sachs Asia, "Lily, I want to entrust you to talk to Jing Gao of Phoenix Fund." ”

Guo Lingyu's English name is Lily.

At ten o'clock in the evening, Guo Lingyu was leisurely drinking tea outside, looking at the night view of Victoria Harbor, and said with a smile: "Jean, I have already contacted Jing Gao and agreed to meet and talk in the magic capital the day after tomorrow." I'm waiting for your call to give me an account. ”

Liu Qing breathed a sigh of relief, Guo Lingyu is still very reliable. She had greeted Guo Lingyu before. The current Itaka is not something that anyone can see if they want to. So far, no media outlet has been able to get their hands on his photo.

If you go to contact the Phoenix Fund now, it will be too late if it drags on for ten days and half a month. She wanted to know what Idaka thought, and could they coexist peacefully?

"Okay, I'll send you an email later. Lily, I'm waiting for your news. ”