Chapter 61: 20 Billion Capital Increase (2/5)

In fact, Wang Ye still has a plan, but before the board of directors, after thinking about it again, he still decided not to throw it out first. The three major projects of transit warehouse, logistics, and cloud computing center alone are enough to toss for a while, and they can't chew too much.

The three major investment projects are unanimously approved, and the following is to calculate the amount of capital increase. Wang Ye distributed the budget plan that had already been prepared to several shareholder representatives.

Li Youlun got the budget plan, glanced at the final total amount, and his heart trembled. A dazzling number "20 billion" is impressive!

He groaned in his heart, Wang Ye really doesn't treat money as money, this is 20 billion! It is easy to calculate that he accounts for 10% of the shares, and he has to pay 2 billion yuan. Where can I find this money, can I only watch the shares be diluted?

For this amount, Sequoia Capital and IDG have a lot of money, and they have paid the original 20 billion, which is not worse than the 2 billion.

Fang Haohua Zou frowned and thought for a while, but decided to give up the follow-up, he also recruited a group of behind-the-scenes financiers last time to raise 2 billion funds to invest in Weiye, and now it is more difficult to take out another 2 billion, after all, this investment is not carried out in the name of the Southern Fund.

Seeing Fang Haohua give up, Wang Ye didn't say anything, just smiled.

Even if it is Nie Dingwen, it is not easy to pay 2 billion yuan, and now his Starlight Commercial Real Estate Company is also spreading a large stall, with a large project under construction, and the funds are quite tight.

But he doesn't want his shares to be diluted, although he is not young, Nie Dingwen's business sense is still very keen. He is very optimistic about the future of e-commerce, and he is even more optimistic about the future of Wang Ye, so he cherishes the shares of Meigou.com.

But where did this money come from, Nie Dingwen thought about it again and again, and finally he came up with a good idea.

He smiled at Wang Ye and said, "Wang Dong, you see that I basically have shares in several of your companies, which is enough to support you." ”

This is a fact, Wang Ye's Huashang International, Weiye Jiahua, Meigou.com, and Nie Dingwen all have shares, and even Weiye Entertainment, he also helped his daughter Nie Xiaoying get 15% of the shares.

Wang Ye said gratefully: "I am very grateful to Mr. Nie for your support to me, without your great help, I would not be able to get to where I am today." ”

This is not a polite remark, but Wang Ye's heartfelt words, without Nie Dingwen's help in the early stage, Wang Ye would not know Si Xiangdong, there may be no Huashang International listing, or it will not be listed so soon.

If it is not listed so soon, Wang Ye may not have the capital to cut into the Jiahua industry, and there is no Meigou today. All of this is a chain reaction, and Nie Dingwen is a key catalyst.

Hearing Wang Ye's gratitude, Nie Dingwen nodded with satisfaction, and then said: "To be honest, my capital chain is also very tight now, and you also know a little bit about the situation on the side of Starlight Commercial Real Estate." Several large projects are under construction, and the pressure on bank loans is also very high, so ah, you see if this will work, I will transfer some of the shares of Starlight Commercial Real Estate in my hand to you. In this way, it can be regarded as cross-holding, haha......"

This proposal is still relatively reliable, Starlight commercial real estate is now just starting not too long, the land is very fierce, there are many good projects in big cities in East and South China, but now is the transformation stage of commercial real estate, with large shopping malls as the main model of Starlight and Wanfeng have not yet begun to really exert force, and are still in a market cultivation stage.

Compared with Wanfeng, Starlight has more advantages, because it occupies the two richest regions in China, East China and South China, and the project positioning is accurate, which is high-end business!

Wang Ye is very optimistic about the future of Starlight Commercial Real Estate, even more optimistic than Nie Dingwen, because he knows how far Starlight can do in the future.

But the future is the future after all, and if Wang Ye wants to take over part of Starlight's shares, the valuation still has to be calculated according to the current situation.

Wang Ye asked: "Mr. Nie's proposal is good, I don't know how many shares you want to sell, how to calculate the company's valuation?"

Starlight commercial real estate is not listed, the valuation can only be measured by the company's net assets, and even if the real estate company is listed, the valuation is not dominant, PE can have a 5-8 times even if it is good, and it is common for the market value to fall below the net value.

This kind of traditional industry, heavy capital operation, the capital chain is very tight, and it may break at any time, which is not favored by investors. And don't really think that real estate companies make more money, in fact, most of them work for banks and governments!

What is the real money-making industry, many people may say finance, energy, Internet companies. Actually, no, the most profitable company in the mainland is the tobacco company!

Several major Internet giants seem to be invincible, just look at the profits on his annual financial reports, the profits are only about tens of billions of billions, and the profits and taxes paid are only 120 billion. Any state-owned bank can beat the Big Three.

Not to mention the tobacco companies that make a fortune quietly, you know, tobacco companies pay more than 1 trillion dollars in taxes every year! Yes, you read that right, it's trillions.

This profit and tax exceeds the profits and taxes paid by several major banks, plus PetroChina and Sinopec, plus several major Internet giants!

Starlight Real Estate is certainly not a very profitable industry, at least not yet.

As for its valuation, Nie Dingwen already had a plan in mind, and he said: "Starlight has not yet been listed, and a total of 50 billion yuan was invested by several of our major shareholders. Of course, there are some hidden resources, and the valuation of this resource is not too much for 30 billion. So, let's calculate it according to the total valuation of 80 billion. ”

50 billion is the real money investment of several major shareholders of Xingguang Commercial Real Estate, and the hidden resources mentioned by Nie Dingwen are very important to real estate companies. There are two key points in real estate, one is money, and the other is network resources!

Just like Starlight Real Estate, why he can get the core land plots in those developed big cities in East and South China depends on this hidden resource, so he is valued at 30 billion, which is not an exaggeration.

Wang Ye also recognized this, he nodded slightly, and asked again: "Then how many shares does Mr. Nie plan to transfer?" ”

"Haha, it's too little to take it, I now have 45% of Starlight's shares, I'll transfer 5% to you. ”

Several people present immediately looked at Nie Dingwen with admiration, they also knew that Nie Dingwen was an invisible rich man, but they really didn't expect to be so rich. You must know that Starlight commercial real estate is only a part of Nie Dingwen's industry, and he also has a real estate company specializing in residential projects, as well as golf courses, hotels and other projects.

Really counted, among the few people present, the richest may be Nie Dingwen.

5% of the shares, no more, no less, Wang Ye eats this part of the shares, and he needs to take out 4 billion, which he can accept. Wang Ye didn't plan to bargain with Nie Dingwen, first of all, he owed Nie Dingwen a big favor, and secondly, Nie Dingwen's offer was fair.

So he smiled heartily: "No problem! Mr. Nie will find a time, we can sign the transfer agreement, the money I have in hand is still lying in the bank and sleeping, and I am worried that there is no place to spend it!"

In a few simple words, the two finalized the equity transfer worth 4 billion.

Ever since Nie Dingwen proposed to transfer some of the Starlight commercial real estate, Li Youlun was moved in his heart. His family's Wanfeng Real Estate is stronger than Starlight, and he still holds 5% of the group's shares.

Since Wang Ye is willing to pay to accept Xingguang's shares, can he also sell his Wanfeng shares to him?

As for the pros and cons of selling this part of the shares, Li Youlun has already considered it clearly.

The money from selling the shares can solve the aftermath of Jumei's side and keep his shares in the United States. Looking at Wang Ye's posture, maybe there are any big plans in the future, and he always has to keep some reserves in his hands.

Now Li Youlun attaches great importance to the shares of Meigou.com, and this is the only capital he has turned over! Moreover, the growth of Internet companies is incomparable, and no one dares to say how many times it can be increased after it goes public in a year or two.

Therefore, Li Youlun does not want to give up even one share, and if possible, he still wants to increase his holdings.

The only trouble was how to explain it to my father. This is the difference between the rich generation and the rich second generation, a rich generation like Nie Dingwen can make decisions at any time. And Li Youlun needs to consider more problems.

However, Li Youlun also thought of a safe way to deal with this problem.

Seeing that Nie Dingwen had reached a transfer agreement with Wang Ye, Li Youlun hurriedly said: "Dong Wang, I have 5% of the shares of Wanfeng Group in my hand, I don't know if you are interested." Since Wang Dong has accepted the shares of Starlight, he must not be uninterested in Wan Feng. ”

After speaking, Li Youlun looked at Wang Ye with anticipation.

Who knows, to his surprise, Wang Ye shook his head and said: "The starlight positioning is very accurate, and the geographical advantage is relatively large, so I am more optimistic about its development potential." And Wan Feng ......"

Li Youlun suddenly chuckled in his heart, and hurriedly defended: "Wanfeng is the largest real estate company in the central and northern regions, and it has been listed in Xiangjiang, and the current market value is as high as more than 160 billion!"

"It's just that the market value is too high, what is the use of buying 5% of your shares at such a big cost? Is there a dividend every year? Can the market value rise in the future?" Wang Ye spread his hands, expressing little interest.

At this stage, Wanfeng's profitability is indeed not good enough, and the company is also doing shopping center projects, and it was on the verge of serious losses in the first two years. So to expect it to pay dividends is a joke.

After Wang Ye came up with an idea last year, Wan Feng began to carry out drastic reforms, but now it is only showing signs of improvement. Moreover, because the cost of subsidizing brand merchants has increased significantly, the profit is far away.

Wang Ye really has no reason to buy Li Youlun's 5% stake now.

Seeing that the situation was not good, Li Youlun hurriedly said: "I can transfer it to Wang Dong at a price lower than the market value." ”