Chapter 1149: Always Give Imitation
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In the temporary residence of Yan Wenjie in Nancui Garden, behind the main building is an exquisite square courtyard facing the lake. Pen? Interesting? Pavilion wWw. biquge。 info said that it is a garden, in fact, it is an open space with an aluminum frame and tempered glass panels, the ceiling is a sky blue curved glass panel, which can be opened and closed depending on the weather, in addition to the back wall of the main building, the other three sides are transparent glass panels and imitation steel and aluminum frames, and there is a one-and-a-half-high hedge on the periphery, and the north is not blocked by the lake, so that you can enjoy the beautiful scenery of Yangui Lake at a glance, and you can also overlook the green beauty of Yangui Mountain. There is a three- or four-meter-square pool in the corner of the wall, with koi fish, and there are half-person-high stone steps next to it, and water constantly flows out and into the pool, forming a miniature artificial waterfall; The ground is paved with white and yellow water ripple garden stones, and there are several floating soil planted with garden ornamental plants such as cinnamon and begonia......
When this villa was originally designed and built, Wang Haisu coveted this backyard, Yan Wenjie came over to take a look, and said "okay here", and this villa became Yan Wenjie's temporary residence in Jianye.
It's not a question of how much it sells, Wang Haisu knows that this villa shouldn't belong to him.
Looking at Yan Wenjie, who was sitting on the bench, his eyes seemed to fall on the sparkling lake outside the window, Wang Haisu thought to himself: He should be looking at the lights on the other side of the lake, right?
The uneven and scattered lights on the northeast corner of Yangui Lake that can be seen from standing here are mostly the lights of Yanyuan, Oak Garden, Youth Apartment, and Yandong Apartment—behind those gorgeous lights is the sunrise of Kumho.
It is rumored that Yan Wenjie's first words when he met Zhang Ke in Xuefu Lane were to tell him: "I think you will remember me." At first, it sounded quite arrogant, presumably Yan Wenjie would never listen to others mention this in front of him now.
With the cooperation of the Xie family and Jingdian Real Estate, and the rapid economic development of Shanghai City in recent years, the demand for commercial real estate is very large, and the acquisition of Jincheng Real Estate by Horizon Construction is quite smooth...... The profit of more than 800 million yuan on a single project is still a good performance that Horizon Construction has never had.
Even if Haisu Technology's share price was cut in half and fell below 20 yuan per share, the floating profits behind Horizon Investment and Jingclassic Real Estate were still very considerable.
The average cost of the two private placements totaling 1 billion yuan is only 15 yuan per share, and there is still a floating profit of nearly 400 million yuan; Horizon Investment used nearly 600 million yuan to enter the secondary market to promote the share price of Haisu Technology, and the stock price fell again and again, and there was still a floating profit of more than 300 million yuan at this time. At that time, when buying a shell, the cost was only tens of millions, and the amount of money invested by Haisu Technology and 8818 before the backdoor was only 400 million yuan; Although this part of the corporate shares obtained cannot enter the securities market circulation, the calculated market value is still a huge figure of 3 billion.
When the software industrial park project was first launched, Hu Zongqing occupied a dry share in Haisu Technology, and if Haisu Technology wanted to be listed on the backdoor, Hu Zongqing had to withdraw.
Wang Haisu silently calculated in his heart that the investment of Horizon and Jingdian in Haisu Technology in the past two years should be about 2 billion, and the total market value of the equity they control should be more than 5.2 billion. No matter how you say it, it can't be regarded as frustration, but Wang Haisu saw obvious frustration in Yan Wenjie's eyes.
If you give up resistance and fail to carry out all the existing plans, you will fail, right?
If this harsh standard is required, the operation of Haisu Technology has indeed failed.
The lower limit of the public issuance plan approved by the board of directors and the general meeting of shareholders and approved by the China Securities Regulatory Commission is 34 yuan per share. After Horizon gave up resistance, Haisu Technology's share price fell below 20 yuan per share. In order for the stock price to reverse within the remaining five-month deadline, the conditions for a public additional issue are to be met, unless the fundamental situation is reversed.
"It seems that we are going to do a good job in Haisu Technology......" Yan Wenjie stood up and lit a cigarette, glanced at Wang Haisu again, and didn't say anything.
Wang Haisu knew very well what Yan Wenjie was going to say.
Before everything, everything was operated on the premise of public issuance, and only required Haisu Technology to do large-scale and strong industry rankings in the shortest possible time, just like stimulants into the human body, requiring the greatest explosiveness in a short period of time, and did not consider the long-term development of the enterprise at all.
It is no longer possible to publicly increase the issuance in a short period of time, and once the radical strategy like doping loses its effect, Haisu Technology will become extremely weak, not to mention keeping the current results, and it is possible to return to its original shape.
If a blitzkrieg doesn't work, you have to fight a protracted war. On the one hand, it is necessary to ensure the safety of nearly 2 billion investment in Haisu Technology, and on the other hand, wait for the opportunity to reverse before issuing additional publicly; At this time, it is necessary to resolutely make fundamental adjustments to the business policies of Haisu Technology, the Software Industrial Park, the Chuangyu Internet Cafe, and the 8818 e-commerce website.
Wang Haisu knew that in Yan Wenjie's mind, he would not be a suitable candidate; Perhaps Yan Wenjie needs someone to stand up and take responsibility for the continuous decline in stock prices in front of shareholders, and he is the right person.
Wang Haisu knew that he had no room to struggle at all, and the control of Haisu Technology was not in his hands, and he was just a false president in vain. He avoided Yan Wenjie's eyes, looked down at the tips of his leather shoes, didn't know whether to take the initiative to resign, and thought in his heart that maybe it wasn't what he guessed.
"Let me think about it, before reformulating the business strategy, the management of Haisu Technology needs to be adjusted first, I will be the chairman, and Qijun will be the president, there should be no problem, right?" Yan Wenjie moved his gaze from Wang Haisu and discussed directly with Lin Xue, "The construction of Samsung Hongxin has been slowed down for the time being, we can't rush this matter, the chain Internet café business and the software industrial park are stable for the time being, the key is that the business of 8818 should be adjusted as soon as possible......"
Wang Haisu was very frustrated, Yan Wenjie didn't seem to care about his opinion at all about the personnel adjustment of Haisu Technology, if he was kicked aside, even if he held about 1% of Haisu Technology's corporate shares, it would be bullshit.
Wang Haisu raised his head and wanted to fight for himself; As soon as he looked up, Yan Wenjie looked over and said to him, "How about you come to assist Wenxin in taking charge of the chain Internet café affairs department?" ”
"Hmm." Wang Haisu nodded, without the courage to refuse or fight for something, and did not say anything more.
Liu Qijun took out a stack of documents from his briefcase and said, "This is my consideration of some of the following businesses of Haisu Technology in the past few days, I hope it can inspire you......"
Today's matter was decided a few days earlier, Wang Haisu thought to herself, and glanced up at Lin Xue, Lin Xue turned her face and glanced at the lake outside the window, not knowing what she was thinking.
Wang Haisu took the document, since he was still in charge of the chain Internet café business, he looked at it from this aspect.
Unicom Donghai Provincial Company registered and established Unicom Network Garden to develop chain Internet café business in Donghai, which is a very big move. In addition to six large-scale direct stores, the development of franchisees, Unicom Network Garden also recruited the existing small and medium-sized Internet cafes in Jianye to join, since the opening of the Unicom Network Garden Xuefu Store in early May, China Unicom Network Garden has expanded rapidly, and the number of Internet café switchboards in Jianye has exceeded 20,000 units.
The number of switchboards in the Jianye Internet café industry reached 150,000, but in the same period last year, this number was only 40% of the current number.
In the face of the competition of small and medium-sized Internet cafes that have sprung up like mushrooms after a rain and China Unicom Internet Garden, which is also a giant debut, Chuangyu Internet Cafe cannot guarantee the original Internet price, and the profit margin has also been greatly compressed. Although it was still able to maintain high profit margins, it was far from expectations. To be precise, when acquiring the Chuangyu Internet Café, everyone here realized that the entry threshold of the Internet café industry is low and the competition will be fierce in the future; The so-called expectations are just a trap to tempt small and medium-sized investors. Only at this time, even one of their own feet sank in.
Chuangyu Internet Cafe originally hoped that Hu Zongqing could help urge the city to introduce policies as soon as possible to raise the entry threshold of the Internet café industry, and expel some small and medium-sized Internet cafes that lacked qualifications to restrict competition in the Internet café industry. Unexpectedly, Unicom Network Garden stepped in and directly expanded rapidly in the form of small and medium-sized Internet cafes in Zhao'an.
Even if Jianye City now introduces a strict policy on the rectification of the Internet café industry, it is still to help China Unicom Internet Park to grow larger, and the benefit of Chuangyu Internet Cafe is limited.
Liu Qijun's document proposes that the creation of a high-cost Internet café should postpone the previous high-cost expansion plan and consolidate the existing achievements, which is also a helpless move. Dongda Chuangyu came to a perfect curtain call from the chain Internet café industry with 300 million yuan in cash, and may be one of the biggest beneficiaries of this industry.
Compared with the software industrial park and e-commerce, the chain Internet café business is not complicated, Wang Haisu does not have much opinion on being in charge of this matter, as long as he does not kick it far away, and he also proposed to acquire the chain Internet café business from Dongda Chuangyu.
Due to the limitations of the domestic industrial environment and the lack of such great perseverance and investment as Kumho, the software business development of Haisu Technology is quite limited, and the business of this area is only to engage in the sideball and cooperate with Jingdian Real Estate in the name of the software industrial park to share real estate development profits.
Jianye's park is on the south bank of Yangui Lake, and the development of Yangui Lake area has been very rapid in recent years, which makes the geographical location of Jianye Software Industrial Park very superior, and the development of commercial real estate is quite profitable, which is also the main reason why Haisu Technology has good performance in the past two years. It's just that the park on Jianye's side has almost been developed, and there will be no big breakthrough in performance, while the two parks in Jinshan and Wenzhou are both suburban counties far away from the urban area, and the development is sluggish, so it is not suitable for immediate commercial real estate development. Not only is it not possible to hoard land with peace of mind, but it is also necessary to consider the pressure exerted by the local government. As long as Wenzhou agrees to share the profits with the Yan family, he doesn't have to worry about the land being taken back; Not at all on the Jinshan side. From Xu Xueping, Liang Weifa, and Tang Xueqian in Jiangnan Province to Zhao Youlun in Jinshan City, their eyes are all on the Jinshan Software Park, even if they want to play a side game, the development area within the specified time meets the standard promised at that time, and the Jinshan Municipal Government will take back the land at any time.
Wang Haisu looked up at Yan Wenjie and the others, thinking that they might have been mentally prepared to take it back by Jinshan Software Park, right?
At present, the most important thing is to adjust the development strategy of the e-commerce website 8818, which is simply a bottomless pit for attracting money.
Due to the successful examples of Amazon and eBay, e-commerce has become a hot spot in the Internet economy in 98 and 99 years, and 8818's e-commerce business is also regarded as the most important and core business asset of Haisu Technology to develop.
Since the establishment of 8818, Haisu Technology and Horizon have injected a total of 600 million yuan, holding 70% and 30% of the shares respectively, and after nearly two years of rapid development, they have become the largest e-commerce company in China, with a market share of 60%.
Even if the market share is the first, the actual significance is not much. Because the domestic e-commerce market environment is completely different from that of developed countries in Europe and the United States, the total volume of China's e-commerce market in 99 years was even less than 200 million yuan. On the other hand, the radical development and promotion strategy has consumed a lot of 8818 funds in the past year, and the initial investment of 600 million yuan is less than 160 million yuan at this time. Even if the radical development and promotion strategy is adjusted now, the offline logistics and warehousing system built in the past year will need to invest a lot of money every year to maintain, even if it is not expanded, and the 160 million yuan on the account may be able to support it until this time next year.
Looking back, it may have been a small option to accept Amazon's offer for an acquisition. After the refusal of Haisu Technology, Amazon turned around and acquired the second largest in the domestic e-commerce market at that time with $40 million, although the Internet financial stock market crash broke out, Amazon's stock price also fell a lot, but the acquisition of the Lianshang Network has been completed, and Amazon's financial strength is sufficient, in mid-May, the e-commerce site was hit the hardest, injected $80 million into the Lianshang Network, to develop a perfect offline logistics and warehousing system, and began to carry out large-scale promotion.
Wang Haisu saw that Liu Qijun's report did not mention in detail the adjustment of 8818's e-commerce business development strategy, looked up at him, and then looked at Zhang Wenxin, the CEO of 8818, who has been in charge of the e-commerce business.
Zhang Wenxin raised his head at this time, he was born as the marketing director of Microsoft China, and he habitually took a pen in his hand and said: "If 8818 greatly reduces the existing promotion plan, the market share is likely to be surpassed by Lianshang.com at the end of the year...... In fact, Zhuoyu's movements should also attract our attention. ”
"Oh?" Yan Wenjie replied and looked at Zhang Wenxin.
Dongda Chuangyu invested in e-commerce Zhuoyu in 98 years, but the investment was a little too small, even if the investment of Quantum Online was later introduced, it was only 4 million US dollars before and after, although the domestic e-commerce market ranked fourth, but the market share was far from being comparable with the first and second 8818 and Lianshang.com.
But Kumho stands behind Dongdae Chuangyu, and this alone is enough to attract enough attention - Yan Wenjie also attaches great importance to Zhuoyu.
The biggest capital operation in front of Zhuoyu is to reinvest in a total of 8 million US dollars from Dongda Chuangyu and Quantum Online, but compared with Amazon's capital injection into Lianshang.com, it is a bit of a small thing.
Zhang Wenxin saw the confused looks in the eyes of Yan Wenjie, Lin Xue and others, and knew that they didn't know enough about the characteristics of the Internet industry after all, and said: "It should be said that Zhuoyu should not become a threat to 8818, but Dongda Chuangyu, Quantum Online and Zhuoyu have made significant adjustments to their Internet resources in the past month, and the industry is still quite concerned, and Quantum Online is the No. 1 Chinese portal after all......"
"Oh, you ...... you go on" Yan Wenjie motioned for Zhang Wenxin to continue, he had always been worried that Kumho would intervene and destroy their good deeds, although the good deeds were already half gone, they still couldn't take Kumho lightly.
"Dongda Chuangyu acquired Quantum's online MICQ business for $20 million and a 6% stake, but just last week, Joy.com created a new shopping channel on Quantum's online portal, using Quantum Online as an e-commerce promotion platform, Zhuoyu only needs to pay Quantum Online eight million a year for promotion...... "
"Ah, the promotion fee is so low? Yahoo was really a lion in the first place! Lin Xue said in surprise.
They had proposed a similar channel cooperation plan to Yahoo China, but Yahoo China opened its mouth and offered as much as 30 million yuan, accounting for 30% of 8818's annual promotion expenses, so they had to choose to carry out regular promotion cooperation with Yahoo China.
"Quantum Online offered such a low price to Zhuoyu, on the one hand, the Internet bubble burst, and the value of the Internet is being revalued; On the other hand, Quantum Online is also a major shareholder of Zhuo Yu Network, after two capital injections, Quantum Online holds 20% of the equity of Zhuo Yu Network," Zhang Wenxin explained, everything is controlled by Kumho behind the scenes, the more resources it has, and it also has a cost control advantage that no one else can match, which in itself is not comparable to Haisu Technology, he did not make this point clear, and said, "In addition to Quantum Online's channel cooperation, Zhuo Yu Network carried out the largest business adjustment in early June, In addition to the boutique mall website, a shopping street website was also created. The website of Zhuoyu shopping street imitates the eBay e-commerce model to attract individual investors to use the network platform provided by Zhuoyu to open online stores for Internet retail trade; At the same time, the MICQ instant messaging software is installed in the website as a communication tool between online store operators and online shoppers......"
"Zhuoyu Shopping Street?" Although Lin Xue doesn't know the difference between the ebay model and the Amazon model, she can still imagine what the ebay model looks like from the term "shopping street".
"Perhaps they think that the cost of developing offline logistics and warehousing systems is too high, so they adjust their business model and focus on building a platform for Internet retail trade. Even if Zhuoyu still retains the online mall model, compared with the traditional Amazon model, there are still obvious changes - the most obvious feature is that Shengxin Telecom has created an online mobile phone sales counter in Zhuoyu Mall. It is very likely that Zhuoyu will develop the Zhuoyu Mall website into an online sales platform for qualified dealers or channel providers or even manufacturers, and develop the Zhuoyu shopping street website into an ordinary online store retail trade platform......"
"Zhuo Yu's movements are very big," Yan Wenjie said softly, his eyes were pondering, and he asked again, "Can you see any suburban fruits?" ”
"This is Zhuo Yu only last week to make adjustments, for a while do not see any effect, but the United States NASDAQ-listed Quantum Online is a series of Internet resources in the main part of the adjustment, American investors are still welcome to this, in the NASDAQ index oscillated violently, the Internet stocks continued to fall, Quantum Online's stock price has been five consecutive days of a small rebound......"
Yan Wenjie didn't care what American investors think, nor did he care about the ups and downs of Quantum Online's stock price, he knew that once Zhuoyu's business model was adjusted in the right direction, it would mean that it would be able to get a steady stream of financial support from Kumho, which would also mean that Zhuoyu, which was still very inconspicuous at this time, would also become a strong competitor of 8818 in the field of e-commerce.
Of course, another thought flashed through his mind, can 8818 copy Zhuoyu's business adjustment model?
Yan Wenjie looked at Liu Qijun, saw him leaning forward, and knew that he was also aware of this problem, Zhang Wenxin had said so much, he should also have the awareness of this, right? Although Haisu Technology does not have so many direct resources, it can still find enough partners in China, and the key is whether the adjusted business model of Zhuoyu is on a formal road?
"I think I can give it a try?" Liu Qijun said, "The current development model of 8818 must be adjusted, we are not as rich as Amazon, and we must avoid confrontation with network providers." Wenxin said that the newly developed shopping street model of Zhuoyu is not serious in terms of resource occupancy, 8818 is now quite sufficient, and the user resources are far more than Zhuoyu and Lianshang, and now the adjustment of the business development model can still grasp the initiative ......"
Wang Haisu thought in his heart that after all, he still embarked on the road of imitating Kumho, although Yan Wenjie did not express his position, but he knew that Yan Wenjie had lowered his head that he easily refused to lower: he did not have enough self-confidence, so he could only follow the opponent step by step, so as not to take the wrong step again.
Wang Haisu really felt that Yan Wenjie was still too poor Zhang Ke at this time, he felt that the mobile phone in his trouser pocket jumped, and a text message came in, he took out his mobile phone and glanced at it, it was a text message from Hu Jinxing, and he inadvertently put the mobile phone back in his trouser pocket.
Chen Yong and Hu Jinxing raised 30 million yuan from Yunlin Securities to intervene in Haisu Technology at a high level of 39 yuan per share, hoping to take advantage of the opportunity of Haisu Technology's additional issuance to make a big profit. Who would have thought that Haisu Technology's stock price would plummet after a brief rise, and at this time it had fallen to 19 yuan per share? If they didn't find Hu Zongqing to say hello to Yunlin Securities and close the position in time, they would have filled in the margin; At this time, in addition to filling in the 4 million margin, there was an additional loss of 12 million...... Wang Haisu couldn't care about their life or death, and lent them one million as a deposit, and he didn't think that he could get it back, which was already benevolent.