"Damn, Goldman Sachs didn't say hello to one, and issued an announcement saying that it was going to reduce its holdings, which is too inauthentic. ”

At around 9 o'clock in the evening, Fan Hongyang walked into Zhang Yida's office with a scolding.

Zhang Yida then remembered that he forgot to communicate with Goldman Sachs, considering the time difference, a few hours ago in the United States it was still late at night and early in the morning, so he didn't call Robert.

It's 10:30 a.m. EST, and the Nasdaq has just opened, and Goldman Sachs has issued a reduction announcement.

"How much did they announce the reduction?"

Zhang Yida cares more about the amount of reduction, and if the amount is large, it will definitely cause the stock price to plummet.

Goldman Sachs announced that it would reduce its holdings of 5 million ADSs, accounting for about 12.5% of its shares, and will still hold 35 million ADSs of Yimin Netgold, accounting for about 14.93% of the total share capital. ”

Zhang Yida touched his chin, these foreign devils don't have a good thing!

U.S. stocks are different from A-shares, A-shares are reduced first and then announced, and U.S. stocks are announced first and then reduced.

Goldman Sachs has reduced its holdings too sharply this time, with 5 million ADSs accounting for a little more than 2% of the total share capital of 234.5 million ADSs.

"What is our stock price now?" Zhang Yida asked.

"$26.72 is only a little higher than the issue price of $25, and a few points of decline could fall below the issue price. ”

Speaking of this, Fan Hongyang's face was full of sorrow, and he said: "The domestic mutual fund regulatory policy has not been implemented, and foreign investment institutions have always stayed away from our company.

The stock trading volume is insufficient, and the stock price can't go up!"

This matter gave Zhang Yida a headache, the stock price was so sluggish, and it was difficult for him and the company's executives to cash out.

At this time, cashing out, coupled with the "flight" of the major shareholder Goldman Sachs, it is not impossible for the stock price to be cut in half.

"Lao Fan, this matter is like this! No matter how hard the stock price falls, you don't care.

We put more attention on the company's management level, and when the scene in Southeast Asia is up, the stock price will definitely improve.

At that point, it's not too late for us to cash out. ”

Zhang Yida began to appease Fan Hongyang, seeing that the company was listed and the shares could not be realized.

He guessed that Fan Hongyang and these executives must be very anxious.

Wealth and freedom are close at hand, but they don't dare to act rashly, I'm afraid that everyone will be like a cat's claw in their hearts.

"Mr. Zhang, if you don't say it, I know. Let Goldman Sachs cash out first, and it's okay for our management to slow down.

Others there, I'll do the work. ”

Fan Hongyang's general knowledge made Zhang Yida very useful, and he said: "Then so be it." I called Robert and asked them what Goldman Sachs was trying to do. ”

In front of Fan Hongyang, Zhang Yida dialed Robert's phone, and across the mobile phone, Zhang Yida heard Robert's funny greetings:

"Mr. Zhang, good morning!"

"Mr. Robert, capital time, it's night. ”

Robert smiled awkwardly: "I'm sorry, I forgot that the capital time is half a day earlier than EST." ”

"Goldman Sachs wants to reduce its holdings of 5 million ADS?" Zhang Yida didn't bother to say a few words, and went straight to the topic.

The announcements have been released, and the reduction of holdings must not be hidden from Zhang Yida, Robert admitted very calmly:

"Yes, Goldman Sachs has invested more than $400 million in Yimin Net Finance, and for risk management reasons, we have decided to settle for safety. ”

"5 million shares of ADS is too much, this is just the lifting of the ban period, you will magnify the move, I am afraid that it will cause an avalanche of stock prices!"

Robert smiled "haha" and said: "At this point, please rest assured Mr. Zhang, Goldman Sachs has clever traders and securities trading methods, and it will not cause too serious stock price fluctuations." ”

Robert's shamelessness once again refreshed Zhang Yida's perception of capitalists, as long as these people are profitable, they dare to say any nonsense.

5 million ADSs account for nearly 15% of the issued shares of Yimin Netgold.

"Well, Mr. Robert, we're not going to dwell on the subject. I just want to ask, does Goldman Sachs have any plans to reduce its holdings in the near future?"

Zhang Yida didn't bother to talk to him, and directly asked if Goldman Sachs had any big moves.

"No, we are still very optimistic about Yimin Wangjin. It's just that more than $400 million was invested earlier, which is a relatively large amount, and according to our internal risk management regulations, it is necessary to recover part of the investment. ”

Zhang Yida said "yes", and then said: "I have a suggestion, when your company has a reduction action, it is best to notify us."

Otherwise, just like today, we will be in a hurry. ”

Robert promised "good, good", but in his heart he didn't think so.

Hanging up Robert's phone, Zhang Yida said to Fan Hongyang: "I think Goldman Sachs just wants to make a vote and run, and he doesn't plan to hold our shares for a long time."

We must be mentally prepared for a long-term decline in stock prices. ”

Fan Hongyang's heart tightened, frowned and said: "That's the same, they didn't communicate with us, and they directly issued an announcement to reduce their holdings."

I'm afraid I want to liquidate the stock early. ”

"Yes, compared to more than $400 million when they took the shares, they now hold more than $1 billion in market capitalization.

Until the stock price is cut in half, they can't lose. ”

Zhang Yida looked gloomily at the brightly lit Zhongguancun Software Park outside the floor-to-ceiling window, and sighed in his heart, listing is not the end, there is still a long way to go.

"Then what do we need to do?" asked Fan Hongyang.

"Just keep going at our own pace!"

......

"The revenue is 1.85 billion yuan, but the gambling of the B round of financing has been completed. ”

Zhang Yida looked at the financial report of Huimin Travel and praised it with a smile.

But when he saw the loss figure, he couldn't laugh, and exclaimed: "The loss is more than 3 billion yuan?"

Huang Xiaofeng smiled awkwardly and said: "The main reason is that the depreciation of the bicycle is too strong, and the loss on this is more than 2.5 billion yuan."

In addition, the offline dispatch team is also too large, distributed in more than 300 cities, with a total number of more than 15,000 people, and nearly 1 billion yuan will be spent a year in the area of personnel compensation.

This is also due to the low labor cost of personnel in third- and fourth-tier cities, which has lowered the average salary of offline dispatch teams.

Like in first-tier cities, 8,000 yuan a month is not easy to recruit.

Our requirements for the offline dispatch team are not low, they have to carry bicycles every day, have good physical strength, be able to drive, and be able to simply repair bicycles......"

"How much cash do you have on the books?" Zhang Yida asked.

"It took 5 billion to make 5 million new cars, and the acquisition of Baymore cost 180 million US dollars, injected 100 million US dollars into Green, purchased 750 million yuan of light trucks dispatched around the country, and opened an operation center......

Now there is still ...... cash on the books 1.5 billion yuan. ”

Zhang Yida wanted to burst into foul language, what the hell, it's only been a long time, and the $1.5 billion in financing and more than 9 billion yuan are about to be spent.

"Without calculating the depreciation of bicycles, can the monthly income and expenses of the company reach a balance?"

Zhang Yida sighed, the scale of this shared bicycle has risen, and the pit money is also a bottomless pit!

"It's still a little worse, if the revenue increases by another 50% to more than 2.7 billion yuan, without calculating depreciation, it can basically be balanced with expenses, and even cash flow can be positive. ”

Huang Xiaofeng also pinched his sweat, he thought that Zhang Yida would scold after listening to the remaining cash figures in the account, but it didn't, but Zhang Yida was a little calm.

"2.7 billion yuan, 7 million bicycles, each car creates a dollar a day, and there are more than 2.5 billion.

Coupled with the advertising cooperation of Ruimin Financial Management, 3 billion is possible. ”

Zhang Yida settled the account there.

Huang Xiaofeng reminded: "The advertising cooperation of Ruimin Wealth Management has a big problem of hundreds of millions of revenue, but the difficulty is the riding income. ”

"Are they still subsidizing?" asked Zhang Yida with a frown.

Huang Xiaofeng sighed: "Leech Financial Services promoted the merger of Yong'an Xing and Hello Bicycle, and then integrated several small businesses.

In first- and second-tier cities, they have been fighting with us. Therefore, in first- and second-tier cities, we can only implement the strategy of free riding.

In the third- and fourth-tier cities, we are not greatly affected, but the volume income is only one-third of that of the first- and second-tier cities.

If we can implement absolute fees in first- and second-tier cities, the revenue can be multiplied by three times on the current basis. ”

"This toad doesn't bite, he's disgusting!"

Huang Xiaofeng spit out another golden sentence, and his brows were almost wrinkled together.

"Do we have a 70 percent market share now?" Zhang Yida asked.

"It should be more than that, probably between 70 and 80 percent. Whether it reaches 80% or not depends on the survey report of the consulting company. ”

Huang Xiaofeng also knew that the company still had a bet on its back, and the investor required to achieve a revenue balance or 80% market share.

"Where's Didi?" Zhang Yida asked again.

"It's still the same, with a volume of hundreds of thousands of vehicles, and it hasn't expanded.

However, Uber seems to be dying, and when Didi frees up his hand, it will be difficult to say what will happen later. ”

Zhang Yida felt a little bad when he heard it, so he said: "You say, how about we start a hitchhiking business?"

"Huh?" Huang Xiaofeng said in surprise: "Can we do it?"

"How can't we do it?" Zhang Yida explained: "We now have nearly 100 million users, and with such a large amount of traffic, whether it is a ride-hailing or a taxi-hailing aggregation entrance." ”

"Isn't Chen Wei friends with you?" asked Huang Xiaofeng.

"He's going to come to the bike-sharing to plug in, so I don't have to show him mercy.

Besides, friendship is friendship, business is business, and the two cannot be confused.

Our priority is to keep ourselves alive first.

We have to balance the revenue of bike sharing, otherwise the game will not be playable. ”

Looking at Zhang Yida's heavy expression, Huang Xiaofeng also knew the seriousness of the situation.

Even financing is as simple as eating and drinking, and Mr. Zhang said that he couldn't play anymore.

Huimin Travel Group only took $1.5 billion in financing, and in less than half a year, the money bottomed out.

No matter how much the venture capitalists' money is burned, they are afraid that they will not dare to end up easily.

Huimin Bicycle must prove that it has the ability to survive on its own, rather than relying on a steady stream of financing games.

Whether it is increasing riding revenue or expanding the ride-hailing business, it is all about enabling the company to achieve revenue balance as soon as possible.

"Then why don't I talk to them, negotiate to stop the subsidy war?" Huang Xiaofeng made a suggestion.