Chen Sheng suddenly remembered something again, and said to Zhang Yida:

"The penguins seem to have noticed us!"

"Oh, how do you say?"

Zhang Yida was a little curious about the penguin's reaction.

"Someone from them approached us and asked if we needed financing......"

Chen Sheng didn't dare to hide anything, and told the story of the penguin's contact with him.

"You say their condition is to split up and operate independently?"

Zhang Yida's face was as usual, he couldn't see joy, and his eyes kept looking at Chen Sheng.

Chen Sheng's face was as usual, not as if he was fake, and said calmly:

"What they mean is that Diandiancai operates independently and will be independently financed and listed in the future. Ruixiang Group and Penguin Group, as shareholders, have the right to nominate directors ......"

Zhang Yida's eyes were cloudy, but the giants still shot at him, and I am afraid that a little bit of funding is just the beginning.

Because Diandianchip is very dependent on penguin's traffic, if it is blocked by WeChat, it will basically be scrapped.

Although Mobao Pay and WeChat Pay have not yet been short-handed at present, they have already smelled a trace of war.

Whether it is war or peace depends entirely on Zhang Yida's thoughts.

When companies reach the multi-billion dollar level, they basically have to consider taking sides.

At present, the magnesium group is standing in Ahri, and Didi is standing in penguins.

"You asked the penguin guys to come and talk to me, I want to see what kind of medicine they sell in their gourds?"

Zhang Yida decided to make contact with the penguins first and listen to the conditions.

For the big guys, right and wrong, grievances and hatreds are meaningless, only interests are eternal.

If it was Ahri, Zhang Yida directly refused and would not consider meeting at all.

Compared with penguins, Ahri's investment style is more inclined to mergers and acquisitions, buying a little shares, and then encroaching step by step, and becoming a Ahri person in a daze.

In addition, Leech Financial Services was officially established last month, and it was formerly called Xiaowei Financial Services Group.

The whole group, with Alibei as the core, also has sub-business segments such as Yu Bao, Zhaocaibao, Leech Jubao, MYbank, Leech Huabei, and Sesame Credit.

Paybei corresponds to Mobao payment, Yuebao corresponds to change treasure, Zhaocaibao corresponds to P2P business, leech treasure corresponds to fund supermarket, Huabei and borrowing correspond to investment and financing wallets and IOUs, and Sesame credit is benchmarked against mung bean credit.

In addition to being short of an Internet bank, Ruixiang can be said to compete with Leech Financial Services in an all-round way.

In the future, each other's insurance plates will be aligned.

After the establishment of Leech Financial, it will immediately start a round of huge financing, and then it will run blindfolded, and there is no one in the world who can fight.

Of course, that was the case in a previous life.

In this life, there is one more Ruixiang Jinke Group, although the size of each other is still a little different, but it is not impossible to compete with Leech Jinfu.

Zhang Yida believes that in the future, there will be far more conflicts with the Ahri family than penguins.

Another is my personal perception, Jack Ma's method of splitting the leech suit is a bit unauthentic and violates business reputation.

In addition, Jackma said that "P2P is illegal fundraising in the guise of the Internet", but his Internet Finance Society and Zhaocaibao are doing the same thing.

Zhao Caibao issued 300 million yuan of Qiaoxing bonds, and after the bond defaulted, it played the ball with the relevant institutions of the bond issuance and passed the buck to each other, and investors had no way to protect their rights.

Zhaocaibao packaged high-risk private placement bonds as "fixed wealth management" products, making investors mistakenly think that they were wealth management products similar to fixed deposits, and inducing everyone to "buy, buy, buy".

Something happened, and the pot was dumped, in fact, it still hurt the user.

In the words of investors:

"In order to make money, there is no bottom line. ”

"A company that sells on credit has lost its own credit. ”

......

The Penguin people came quickly, led by Ren Yu, vice president of Penguin, who is also the COO of Penguin and the general manager of the Penguin Industry Win-Win Fund.

Ren Yu was born in 75, and Zhang Yida is still a fellow countryman, but also a native of Rongcheng, after graduating from the University of Electronic Science and Technology of China in 98, Nanpiao Pengcheng, first worked in Huawei for 2 years, joined Penguin in 2000, and became an early backbone.

03 began to be in charge of Penguin Games, and led Penguin Games to achieve a counterattack from unknown to the first in the industry, and he is a ruthless person.

Ren Yu said politely to Zhang Yida in Sichuan and Shu dialect:

"It's not easy, it's hard to find such a young man as Mr. Zhang in his hometown, and the last one is Liu Yonghao, Mr. Liu. ”

Everyone loves to listen to polite words, Zhang Yida snorted and said with a smile:

"Can't compare! Can't compare! Mr. Liu is an old-timer, and my achievements are compared with him, that is, fireflies and the bright moon compete for glory.

Mr. Ren is really amazing, half of the market value of Penguin is supported by the game team you lead.

Like your DNF, CF, LOL, I like to play, they are all good games!"

Ren Yu continued to chat with Zhang Yida for a few words, and then returned to the topic, saying:

"The Penguin Industry Win-Win Fund is very focused on the future development potential and is willing to work with Ruixiang for a win-win situation.

"It's okay to spin off and operate independently, but Ruixiang Group must have a controlling stake, and we will not back down on this. ”

Zhang Yida is very greedy for the traffic of the penguins and is willing to split up the chips, but the position of the controlling shareholder is absolutely unwilling to back down.

Ren Yu seemed to have known this result for a long time, and he did not argue, looked at Zhang Yida with a smile, and said:

"Ruixiang Group heard that it is going to carry out Series C financing, and we penguins are also very interested in participating, Mr. Zhang, what do you think?"

"Ruixiang is an AB share model, and if the penguins agree, I will welcome them with both hands.

Besides, a veto or something will be waived!"

Zhang Yida also figured it out, whoever takes money is taken it, as long as he ensures his right to speak.

Ren Yu was not angry, Gujing Wubodao:

"Penguin is a strategic investment that can support Ruixiang's huge traffic. With the help of penguins, Ruixiang will definitely go further and more steadily in the future.

It is possible to implement the AB share model, but the penguin wants 20% of the shares. ”

"What do you think about the competition that Mobao Pay and WeChat Pay may face in the future?

Beat you with your money, that's not an enemy!"

Zhang Yida joked, penguins are really interesting, do you plan to bet on both?

In the future, Mobao Pay and WeChat Pay will be invincible regardless of victory or defeat.

Ren Yu smiled and said:

"We have always been tolerant of competition. Mobao Pay and WeChat Pay compete with each other, and they also push each other forward.

Even if there is no magic treasure, there are other treasures.

At this point, we are generous. ”

"I'm afraid I look down on Mobao payment!" Zhang Yida said secretly in his heart, Mobao's main battlefield is now offline, mainly competing with Ahri, and Penguin has not promoted offline payment codes yet.

For Mobao to pay for land with Ahri, Penguin is happy to see it.

Zhang Yida is also thinking in his heart, let the penguins in, his equity will drop to 42%, and the voting rights will be about 80%.

Ren Yu didn't speak, looked at Zhang Yida patiently, and waited for his reply.

"So, I asked the old shareholders if they were willing to sell their shares? The penguins can buy some of the old shares, and we will issue some new shares. ”

Zhang Yida came up with a way to reduce the decline in his shareholding, and at the same time allow the penguin to hold 20% of the shares.

"We don't have a problem, we just have to reach a 20% shareholding. ”

Ren Yu nodded, the process is not important, as long as the result is achieved.

This is the end of the first meeting with the penguin side.

Neither of the two sides is talking, as long as Ruixiang is reached, it is a small problem.

Zhang Yida made an appointment with investors from all parties to the office of Ruixiang Group and informed them of the meeting with Penguin one by one.

"How much are penguins willing to value?"

The black shirt capital behind Shen Beipeng is the largest external investment institution of Ruixiang, and it is very concerned about Ruixiang's valuation.

Zhang Yida shook his head: "It's just the first meeting, and this topic hasn't been discussed yet."

I'm just asking you now, do you have any idea of selling and cashing out some of your shares?"

"If the valuation is reasonable, I can sell some of it. "Zhenke Fund managed by Xu Xiaoming currently holds 3.33% of the shares, and the $10 million invested in Series A financing is worth $100 million according to the post-investment valuation of $3 billion after Series B financing, and the paper return has reached 10 times.

It is precisely because of the paper return that he did not settle down, so he wanted to cash out part of it back, first have a bottom income, and keep the other shares to see.

"Temasek has no intention of selling its stake, we will hold it for the long term. ”

Temasek Investment Representative Lee Heng Bok said lightly.

Everyone is slandered in their hearts, your family is rich, and the entire Li Jiapo belongs to your family, of course, standing and talking doesn't hurt your back.

"Mr. Zhang, in your mind, what is the current valuation of Ruixiang?" asked Tong Shijie, a representative of GGV Capital.

"Yes, Mr. Zhang, you can talk about Ruixiang's current valuation. If the valuation is reasonable, we can also cash out some of it to reduce the pressure on the management team. ”

Gan Renping of Qiming Venture Capital also smiled.

"It's all old foxes! What do you say about reducing the pressure on the management team, and if you want to cash out, you can just say it. Zhang Yida said secretly in his heart, but in the case of rich returns, it is normal for people to want to cash out and leave.

Venture capitalists are originally doing the job of buying low and selling high!

Zhang Yida asked Song Caiwei to send an operating data statement and financial statements to all the investors present.

Zhang Yida sat in the first seat and said:

"Up to now, the total number of registered users has exceeded 190 million, and it is expected to exceed 200 million by the end of the year.

As of the third quarter, Ruixiang Group deducted R&D investment and Mobao payment user subsidies, and the net profit was 800 million yuan, or about 130 million US dollars.

This figure, counting the Q4 quarter, will definitely exceed 200 million US dollars.

The seven major financial supermarkets and Tiance Technology have generated the vast majority of net profits, and Mung Bean Credit, as well as Hantai Fund, as well as our consumer finance business (investment and financing IOUs, wallets) are making efforts.

In the future, these emerging businesses will become our new profit growth engines, even exceeding the net profit of our existing businesses.

In terms of cutting-edge technology, our cloud computing and big data business has made major breakthroughs, and Ruixiang Financial Cloud is about to be launched to the market.

AI and blockchain technology, we have also achieved a number of patent registrations, and we are not far from being launched into the market for commercial use.

The core product, Mobao Payment, has access to more than 9 million merchants. There are 60 million small and micro businesses in the country, and the coverage rate has reached 15%.

There are more than 50 million users of Mobao Pay, and the number of transactions in a single day exceeds 10 million.

During the same period, there were 190 million active trading users of Alibei and 200 million users of Penguin Tenpay.

According to the data of iResearch's report, in the third quarter, the market pattern of the mobile payment industry in the third-party payment market was stable, with Alibei Wallet, Lakala, Tenpay, and Mobao Pay ranking among the top four in the market with 74.28%, 7.49%, 7.37%, and 4.98% respectively. ”

Zhang Yida glanced at everyone and smiled slightly:

"You say, how much should I value?"