The monthly pass seems to have been squeezed out by me......?

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Waiting for this young lady to leave, Liu Lu turned back again, and vomited while pouring tea: "Yu is me, this young lady is called Zhang Shoot me?"

Her report is a formality, and the connotation is to inquire about why Chu Yuanxi wants to do the Southeast Asian market.

This kind of thing is not Liu Lu's business scope, and it is impossible to discuss it with Liu Lu, but it is absolutely impossible to hide it from her, because she is now the de facto second-in-command of the well-off. It's just that Xiaokang is still in the initial stage, neither engaged in any business groups, nor set up a complex organizational structure, it is all a project system, and senior executives implement precise management of each project. Therefore, there are no plans for the general office, the group staff department, and the president responsibility system for the time being.

Therefore, Liu Lu's title is inconspicuous, just an executive vice president, but he has great power.

She is still relatively supportive in this regard, and it makes no sense to make a wish for an official. Xiaokang is not a big company yet, and it is not yet the time to get sick from a large company.

The structure and adjustment are to make the company more efficient rather than the opposite, because large companies have more people and more business, so the structure is divided into multiple levels vertically and horizontally into multiple regions, which is more convenient to manage. But how much of a real effect does this division have? Looking at Baidu, what are the benefits of having so many internal organizations and committees?

Liu Lu knows this best. But she didn't know the meaning of engaging in Southeast Asia: "That, Chu Yuanxi, generally doesn't the company go out when the local development has reached a certain level and sees the ceiling? At least the business has been established, and the business logic has run through the verification that there is no problem, so we will consider extension, where are we going to do this?

"It's not early, what you want to say is a few years earlier, right?" Chu Yuanxi looked at Liu Lu with an expression of "You still know", and sighed, "Alas, take the Xiaomi you are familiar with, if you had considered the Southeast Asian market a few years earlier, it wouldn't be so miserable now." ”

"What's wrong with Xiaomi? In addition to the fact that the stock price is a little miserable, I think it's not bad, the ecological chain is doing very well. Liu Lu rolled his eyes as he spoke, "By the way, someone among my former colleagues in the early years recently asked me, do you sell it?"

Chu Yuanxi quietly said two conditions: "50 billion, only cash is accepted." ”

When Liu Lu heard this, he rolled his eyes. She was born in Xiaomi, and now she is Chu Yuanxi's main assistant, from her point of view, as long as the price is good, it is a very good thing to sell the Ba people to Xiaomi, which is good for both parties.

Xiaomi has always claimed to be an "Internet company", and even collapsed by the China Securities Regulatory Commission because of its insistence on this statement, and had to withdraw the application for the issuance of A-share CDRs. Why do we have to insist? Because the ceiling is high, the GoPro of the United States does this, and the Xiaomi of the Celestial Empire can't do this? Startups at home and abroad are all in this routine for the sake of valuation, and strive to break the upper limit of their own business, and if they can't open it, they will open it verbally.

It's a pity that Xiaomi's Internet service business has never exceeded 10% of total revenue.

However, although Xiaomi's revenue is 170 billion, the total profit last year was only 8.5 billion, exactly 5%, if the merger and acquisition of the Ba Ren Group and then merger, the profit of Internet services is likely to exceed the total profit of other businesses.

So a very simple conclusion can be drawn from this, although Xiaomi is large, the profit is too low to afford Ba Ren, at least with cash.

Xiaomi's embarrassment lies in the failure to achieve A+H listing, watching the big fat of more than 30 billion yuan of A-shares slip away from his mouth, but H has already been on it, and the IPO is cool for a while, and if you want to raise money, you have to follow the rules, so where to find money has become a problem, and I never thought that one day I would face a problem......

This is one of the reasons why Xiaomi's stock price has fallen all the way from a peak of 22 to below 9, and Rebus probably doesn't know what to rely on to make people who buy Xiaomi shares double their profits.

That's why at the beginning of the year, Rebus announced in public: "Students, maybe everyone feels it, winter has come." 2019 is about to face the most serious challenges, and there is no room for blind optimism. ”

But Liu Lu still wanted to grind, because she found that Chu Yuanxi was a very flexible person and did not have the most common stubbornness problems of entrepreneurs, and although the Ba people had a huge improvement in the well-off, it was not as big as the promotion of a large sum of money.

Therefore, if you change to a different entrepreneur, what is the seller? Don't even think about it! But it's really hard to say about Chu Yuanxi. Especially now at this point in time, it seems to be a good time to sell Ba people, and if it is too late, a large number of knockoffs will emerge, after all, Xue Ming's set is not an unrealizable black technology, and he can do it if he has time and resources, but Chu Yuanxi has the courage to eat crabs.

Her question was: "Why do you have to have cash? Is equity M&A + some cash bad? ”

"If it's high, I'm sorry, and if it's low, I won't do it, the key is that Xiaomi's stock price is not good. "Chu Yuanxi doesn't want to grind about this, mergers and acquisitions must have a premium, for example, Chu Yuanxi's valuation to the Ba people is 30 billion, but others want to connect the pot, then I'm sorry, 30 billion will definitely not be sold. But no matter how high it is, it's a pit person, and the pit is still the real big guy Rebus, so it's hard to mix in the future.

"Ouch, don't you understand the stock market? This is called oversold, the price is seriously undervalued, it is a high-quality stock that has been killed by mistake, and it is the time to buy. Liu Lu hated to post her Xiangjiang Exchange account, "I also bought some recently, Xiaomi's net profit last year was 8.5 billion, and the year before last was 5.4 billion, an increase of more than 50 percent, don't these stock speculators look at the financial report?"

Chu Yuanxi covered his face, yes, the company has an extra leek, and it is still the kind that is extra thick and worth cutting. "Sister, these stock speculators are more sober than you without looking at the financial report. The valuation of your Xiaomi listing does not rely on financial reports, but on storytelling? Now mobile phones can't be sold, and it's hard to tell stories. ”

Not only is it difficult to say, moreover, Xiaomi also pays too much attention to market value management, in order to boost the stock price, it has only been listed for half a year and has made 21 share repurchases in a row, which simply regards the stock price as life. This is a typical process of being dragged down by listing, and the energy is affected by market making, and how much mood is there in the production of skins?

But what Liu Lu saw was not like this: "Who said there is no story? Xiaomi's story has just begun, isn't it? You are too unobjective, didn't you hear Rebus say that you want to be all in IoT? This story is not good?"

Chu Yuanxi covered his face again and put on the most commonly used expression in WeChat: "I have been telling stories of IOT for several years, and no one understands it." And the IOT you're talking about won't be the Mi family's major appliances, right? Xiaomi's operation is the same as GoPro's use of drones back then, I'm! This is too wise, and I should give you a copy of the interview questions for my new assistant. ”