Chapter 176: A Snake Swallows an Elephant?

Rumeng Music has a good momentum.

Among them, the electronic copyright of Pang Long's "Two Butterflies" album, which was bought from Huayi Brothers at a "sky-high price" of 1.2 million, has now ranked among the top three in the major CRBT lists.

Because this time I listened to Xia Yu's construction, Rumeng Music signed a sharing agreement with several SP operators "gambling", and the risks and benefits increased.

But now only two months have passed, relying on this album Rumeng not only recovered the cost, but also made a net profit of more than 900,000, and it is estimated that there will be a profit increase of five or six times if it continues to operate.

In addition, after Meng Jing rushed to Singapore in person, she also successfully won the electronic copyright of Zhang Dongliang's cover song "Who Do You Think of When You Are Lonely" in mainland China, and the price was only 650,000 yuan.

Then there is Xia Yujian yƬ and them, who can expand their business to the distribution direction of ringtones such as witty and spoofs, and the team has built them and tried to produce some samples, but there are no hot projects for the time being.

Meng Jing once called Xia Yu to give some advice, but he was too busy at that time and didn't reply.

Besides, there aren't many points to be given in this regard, at most a few small ideas.

If Rumeng Music wants to develop and grow, the formal operation system and strategic direction must be determined as soon as possible, and it cannot just rely on Xia Yu's flash of inspiration.

He made the call, and it was answered quickly, but it was obviously a little noisy, and it sounded like the sound of children playing and cartoons.

"Hey, Xia Yu?"

"It's me, Meng Jing, I remember the last time you said you were Jinling's hometown?"

"yes, I'm at my parents' house right now!"

"Great! I ask you something, please ......."

"Hmph!" Meng Jing interrupted him and complained: "You are too uninteresting, you said that you were busy discussing the matter of Rumeng Music a few years ago, and you said that you didn't want to work for a few days during the New Year." This is because you want to come to Jinling to play, and you think of me? This girl is also busy!"

Xia Yu was sweating wildly, isn't this girl quite free and easy, why is she so careful, and hurriedly said: "Don't, Meng Jing, I really have something urgent to find you!"

"You say!"

In fact, Meng Jing cares so much about Xia Yu's opinion, or because of the sudden emergence of Dream Music in the music copyright market, the success is too fast and too sudden, which makes her really feel like she is dreaming.

Although she has paid a lot herself, she still feels that this company is floating in the air. The money earned is also imaginary......

Okay, maybe it's a bit hypocritical, but Rumeng's dependence on Xia Yu so far is indeed too great, and almost all the money-making businesses come from Xia Yu's guidance.

She also knows that this is not a long-term solution, so she has been depressed and feels that her efforts have no effect.

Xia Yu didn't notice her thoughts, he was only staring at the mobile phone license plate now, and asked directly, "Meng Jing." Do you know the people of Jinling Panda Electronics? The best high-level ones, I have urgent matters to consult. Well, that Su Jiang Tianchuang or Panda Yimei can also do it. ā€

"I've heard of this company, but I'm not familiar with it. What are you looking for them?"

Well, how could it be so coincidental, Xia Yu also tried his luck, and replied helplessly: "I'll talk to you in detail when I go back." By the way, when are you coming to Yangcheng?"

"Yo. You're not rushing to work, are you! If you dream of a holiday, I'll go back on the eighth day of the day after tomorrow. ā€

"Well, I'm going to Jinling in the near future. I'll call you then. By the way, please help me inquire, this suitable referrer is very important to me. ā€

"Alright, you know!"

……

A few days of relaxation during the Spring Festival have also passed, and now there is an urgent matter at hand, and it is time to return to work.

So when he got home, Xia Yu said hello to the family and locked himself in the room again and began to sort out the next work arrangements.

The first one, of course, is the matter of mobile phone licenses. Panda Mobile and Zhongkejian are the focus, but other possibilities cannot be given up, and these must be promoted together.

The second is to go to work in the new year, and after the heart is stable, he will completely implement his plan to give Polestar Electronics the first mobile phone. Now that the North American Real YĆ n Office and the R&D team led by Yang Chunsheng have been formally formed, it is time to set a specific direction after the equipment and capital personnel are in place.

He had basic ideas in this regard, but they needed to be implemented.

The third is Huaqing University's self-escorted exam, even if I relax and review for a while, I haven't dropped it, and I have to go back to the school in a few days to find the help of the boss of the fee and do some targeted assaults.

The rest is a lot more cluttered.

It's time for the company invested by Bluestar Venture Capital to follow up; Rumeng Music is also discussing new plans; Song Xiaogang is responsible for the upgrading and R&D of the MP3 product line; by the way, there is also U.S. stock investment, and there is a pretty good opportunity just after the Spring Festival in 2005......

He listed them one by one, marked them according to the timeline and important schedules, and found that he was going to be extremely busy this February.

But it's okay, it's not fun to really let yourself be idle.

After sorting these out, he began to seriously study the information of Panda Mobile and Zhongkejian. Relationship diagram of important people, equity relationship diagram, development timeline and breakthrough ......

After drawing them one by one, I realized that I had missed a very important place.

Polestar doesn't have enough money!

Take Panda Mobile as an example, Xia Yu values more than just a license resource, because after buying it at a large price and canceling the approval system in 2007, it will become a piece of waste paper, and he also values the company's R&D talents and the manufacturer's technology accumulation.

This means that Polestar Electronics needs to be well funded for a large-scale capital acquisition.

Judging from the intricate guarantees, debts, and overdue accounts receivable between Jinling Panda and Panda Mobile, and Sujiang Tianchuang, Panda Yimei, and even the creditor behind it, Vitech Investment, Polestar should have reserves between 500 million and 700 million yuan if Polestar wants to win 100% of Panda Mobile.

This is Xiang Ligang's estimation based on the financial report of Jinling Panda and the assets of Nanjing Panda, after all, the foundation of Panda Mobile is still there, and now it is only in urgent need of funds, and it has lost its market position, and the personnel are scattered and have no intention of fighting.

In fact, there are still sellers of Panda mobile phones and Yimei mobile phones on the market.

Of course, they are not even short of book funds, because these funds are in the two companies Sujiang Tianchuang and Panda Yimei, which are bad debts that have accumulated more than one billion yuan.

Xia Yu currently has no channel to fully verify these figures. But the estimates are not much different.

At present, Polestar Electronics has barely more than 200 million yuan in cash on its books, and there are many places to spend money at the same time!

Maybe it's time to try taking out a loan.

Polestar has always maintained zero debt, which is extremely rare in modern businesses. However, it is not difficult for a high-quality company like Polestar to get a loan, but Xia Yu didn't have this mind before, and he didn't need this step for successive successes, but now it's almost time to think about it.

This is sooner rather than later, it will take time to go through the procedures, and he decided to bring it up at the regular executive meeting tomorrow for everyone to consult.

……

As with national regulations, Polestar Electronics works on the seventh day of the new year.

Of course. On the first day after returning from the Spring Festival holiday, don't expect everyone to be able to get into work right away.

When Xia Yu arrived at the company at half past seven in the morning, he found that there were few people in the company. Although eight o'clock is the time to work, it is usually more than half of the people at this time.

He didn't care about this, greeted people happily, and asked Zhang Mei what she should prepare.

Nanyue has always had the habit of paying profits and making profits during the New Year, and the company must be sent when it starts. However, you don't need to sign in much, each copy of 10 or 20 pictures is auspicious, but no one will be too little. Of course, the company also has to add a small printed greeting card. This Zhang Mei and their administration department have to prepare in advance.

"Oh Mr. Xia, it's all wrapped, 20 yuan, everyone has a total of 528. Do you want to give you your share first?" Zhang Mei rarely joked with Xia Yu.

She spent this Spring Festival at Liu Mingsheng's house, their family is very good, they get along very well, and they have always been in a good mood.

"Huh. Let's talk about it when we go back and send it officially! How are the preparations for the wedding? When will the house be renovated?"

"It's all good, Mr. Xia rest assured. Our house will be able to move in at the beginning of next month, and Xia Zong will definitely come to cheer at that time!"

"Of course!"

Polestar executives meet at nine o'clock sharp.

After a few simple polite words. Xia Yu first listened to the brief reports of various departments. However, the work was arranged many years ago, and it was just to promote the progress here, and more specifically, it was handed over to Liu Mingsheng and others to keep an eye on, so he didn't have to worry too much.

When the situation was about the same, Xia Yu took over the conversation.

He first briefly summarized the main tasks of each department in the near future, and then went on to talk about mobile phones.

"Polestar's goal of entering the mobile phone market was set a year ago, and now it's time to implement it. In order to be able to move forward as early as possible, I mean to acquire an established mobile phone company. As far as I know, the life of the domestic mobile phone industry has been very difficult since last year, and this is an opportunity. Mobile phone licenses, talents, and technology are all what we need. ā€

Want to start with an acquisition?

Those who didn't get the news looked at each other, but this is indeed what Polestar has always done, and there is no objection.

Seeing that everyone didn't speak, Xia Yu continued: "Then let's settle down for the time being." Two days ago, Mr. Yang and I were busy and preliminarily settled on two companies, one is Panda Mobile in Jinling, and the other is in Pengcheng, Zhongkejian. Of course, it's still just our unilateral idea, do you have any people and ways to get in touch with them?"

Xu Jiahui spoke first and said: "I have someone I know here, a chief technical engineer, who can be contacted and asked." ā€

Zheng Wei also said: "I have also contacted their people in the market, but the level is not high, you can also inquire." ā€

But just these two people, the others have no clue for the time being.

Xia Yu was not in a hurry, waved his hand and said: "Then it is troublesome for the two to contact, but there is still one thing to prepare in advance at the moment, that is, funds." I'm ashamed to say that at the summary meeting a year ago, I thought our Polestar was a local tyrant, but it seems that there is still a lot of room to use when I want to use money!"

"I expect the final amount of this acquisition to be no less than 600 million yuan, a bit of a snake swallowing an elephant? In short, Polestar Electronics will inevitably ask for a large loan this time, let's talk about your views!" (To be continued......)

PS: The first update arrives! Actually, most of them were written last night, and I added them in the morning.

This plot is a relatively common acquisition battle in the business war, and it is still a foreshadowing, but then it will enter the plot and the climax, and I rearranged and set it up last night. Stay tuned!

Early in the morning, I saw the 10,000 yuan reward and two monthly tickets of the "Flying Wings" classmates, and I was in a good mood.

At the same time, I would like to thank my brothers for their monthly support yesterday, such as Wandering Xinghai, I Dishenah, and Sowayliang, as well as Li Xhua, So Simple, Fang Yuanyuan and other students for their encouragement.

There must be three more today!