Chapter 3 Capital Bad News
Du Qinghai's family sat happily in the fireplace and talked around the fireplace, not only Du Jing, Du Feng, and Du Yan's three sons were there, but even the eldest brother Du Hui, who was in charge of the hotel chain business, was running back and forth with several grandchildren, and even Du Hui and Du Jing's wives couldn't shout.
"Hehe, forget it, you two will let the children make trouble."
At this time, where did Du Qinghai have that kind of majesty in the sea, his eyes were full of love and tenderness, but his voice was deliberately lowered, not wanting to scare his grandchildren, and he had a feeling of high spirits when he laughed.
He can indeed have a reason for this, the price per share of Lotus Network reached 300 Hong Kong dollars after the IPO listing, and although the shares have been repeatedly thinned, the book value of the shares owned by Qinglian Group, which owns 20% of the shares, has reached 8 billion.
And if the lock-up period of half a year passes, only a slight reduction in holdings will be needed to make the Du family make a lot of money.
As for the issue of controlling interest mentioned by Du Jing, Du Qinghai didn't care, in business, even if SoftBank and Tiger Fund became the largest single shareholder, what would it be, what would it be if he received money in his arms, and a fool would not want it.
The cooperation between Du Feng, Hengchun Technology and Hutchison Plains has tried their skills in Lingdong, and they have obtained several plots of land with excellent locations and low prices.
This can't help but make Du Qinghai feel very relieved, the third child has also grown up, the second child needless to say, the boss has always been very calm, and the fourth child is still confused, but that is because he is still young, and when he grows up, let him take charge of some other departments, or let him open a company again, and it is still okay to cultivate slowly.
This made Du Qinghai fantasize about when he would hand over all the real power and live a life after retirement.
But what is clearer than Du Qinghai is Du Jing, what Du Feng, Ren Qingchen, and Jin Jiayan did was a bit out of line, and now that the uncle is in Lingdong, he can still hold some pressure, but it is not completely nothing.
The combination of three forces can naturally make people fearful, but if something goes wrong, someone will have to dig out all of them, and at that time, I am afraid that it will not be money, let alone an uncle who can suppress it.
Du Jing and Du Qinghai raised their inner worries, but Du Qinghai didn't think so, he thought that the Du family's energy in the officialdom could suppress everything, but he didn't know that the moon was full and the water was overflowing, and it was too much, and it would not be good.
Lin Boyang is the master who lets others jump and still speaks?
Inevitably, the famous Lin family is not in his eyes.
Du Jing quietly looked at his son who was playing around, and the delicate wife, and silently sipped his saliva, what would happen if she was Shizuka?
Du Jing shook his head, put aside the unrealistic thoughts in his mind, and picked up the mobile phone in his pocket.
Du Qinghai was talking to the boss Du Hui, watching him answer the phone, he didn't think much about it, and still said to Du Hui gently: "The pace of expansion of chain hotels is even bigger, you can't shrink your head and tail, you see that your second brother and third brother can now stand alone, your calmness as a big brother is necessary, and sometimes you can be more radical." ”
Du Yan smiled bitterly, not knowing how to answer his father.
The chain business of three-star hotels is far less than the Internet, real estate, these two emerging industries are better to do, after all, it is a completely competitive industry, and the mountainism is particularly strict, every time a hotel is opened in a place, it is necessary to work hard, open up various relationships, and communicate with travel agencies, how can it be said that expansion can be expanded, and this also requires a large amount of money.
If Qinglian Group does not count the book income from investing in the Lotus Network, last year's profit was only 1.5 billion.
The development of the hotel chain has only been three or four years, a total of only ten, most of the funds have to be invested in the real estate business division, and there is mainly residential and villa areas, where can you squeeze out funds to help the hotel chain business that is not even a business department.
Du Qinghai glanced at Du Hui dissatisfiedly, and was about to blame him for not replying, but Du Jing's face changed, he got up and walked out, and hurriedly shouted to him: "Second brother, where are you going?" Fireworks are about to be set off. ”
In order to celebrate the advent of the new century, Du Qinghai asked his assistant to buy more than a dozen boxes of high-end fireworks.
"There's something in the company, Dad, you can play with Ah Qin and Xiao Ke, I'll go back to the company first." Du Jing pointed out, picked up his coat, didn't look at his wife who was pulling his son with a blank face, pushed the door and left.
Du Feng and Du gradually looked at each other, the two really couldn't think of anything important, and they were in a hurry to rush back to the company at this time.
Du Hui closed his lips slightly, looked at the door that had been completely closed, and was silent.
Du Qinghai frowned tightly and was about to get angry, but Du Han's son ran over and took his hand and asked, "Grandpa, grandpa, the second uncle is gone, so will we still set off fireworks?" ”
"Of course, of course, wife, quickly ask the nanny to come over and help bring the fireworks out of the yard outside, and a few of you will also help."
As soon as Du Qinghai spoke, Du Hui, Du Feng, and Du Brother all got up to help.
Du Jing hurried back to Qinglian Mansion in a hurry, Fang Jian had been waiting downstairs for more than ten minutes, and when he saw him, he accompanied him and said, "The news has been confirmed, it was Wei Jing who said it at the press conference." ”
Du Jing hummed, nodded and stood in front of the elevator, took out a cigarette and looked at it, and stuffed it back into his pocket: "If it drops to 5 yuan per hour, do you estimate what our profit will be this year?" ”
Fang Jian accompanied Du Jing to the elevator, quickly calculated in his mind, and after a while, he said bitterly: "I'm afraid it will be less than 1 billion ......."
"So little?" Du Jing was taken aback.
In 1999, the profit of Lotus Network was 2.25 billion, and the profit attributable to Qinglian Group was 560 million.
In the case that the profitability, launch rate, and scale of a single store are not as good as Fengyun Network, Du Jing did not expect that the profit would decline so quickly.
"This is just a rough estimate, and we will not be able to get accurate numbers until the finance department and the marketing department have sorted out all the numbers." Fang Jian said.
After the listing of Lotus Network, he was distributed 200,000 shares, which is not much in terms of his level, and now it is worth 60 million, but during the lock-up period, he cannot realize it.
On the contrary, it is far less affordable than the large-scale dividends of Xiling Holdings.
"If you triple the number of stores, will the profit only be tripled?" Although he knew that the result would be a guess, Du Jing still asked.
"Yes." Fang Jian nodded affirmatively.
Lotus Network raised 1.5 billion funds for listing, and it was written in the prospectus that these funds will be used to expand the store, enough to purchase 300,000 computers, but if you want to calculate the cost of opening a store, it can only increase the number of 180,000 units, and 500 units per store, which can increase 360 stores.
At the same time, it will nearly triple the number of seats on the Lotus network and nearly double the number of stores.
Originally, the work would be carried out step by step after the New Year, and the news that the State Council, the Ministry of Industry and Information Technology and other departments would significantly reduce communication tariffs was that he had known for a long time, but he didn't want the first shot of this price reduction would be taken by Wei Jing.
The woman who was colder than ice was angry when she thought about Du Jing.
If the price of ordinary small Internet cafes is reduced, the flow of customers will not be too much, after all, compared with the standard chain Internet cafes, the service and other aspects are much worse, and the impact of those small Internet cafes on the market is not great.
But Fengyun Network is different, it is the monopolist of the entire market, it takes the initiative to cut the price by half, setting off a bloody storm of the entire market, who does not follow up then who will suffer a big loss.
Du Jing, whose heart was as stable as this, couldn't help but want to hammer the wall.
"Now Thunder Online, Sina, NetEase, and Galaxy Network have reported the news at the press conference, and the news on Thunder Online said that it was for the benefit of the people, so the price was reduced......"
"Humph!" Du Jing let out a heavy nasal voice, "Talk to yourself." ”
"Yes," Fang Jian asked, "but presumably tomorrow all the traditional media will follow up to create a great momentum, are we going to do something?" ”
What can be done? At 12 o'clock in the morning, Fengyun Network will reduce the price, and if you want to stop the media all over the country, even the deputy minister of the Central Propaganda Department may not be able to do it, but this time the price reduction Fengyun Network is responding to the call of the State Council and supporting the banner of popularizing the Internet.
Don't say it's above, it's just that the general public doesn't applaud?
They have done all the scenes and things, what else can Lotus Network do? There is no other way but to follow up.
Presumably those small regional chain Internet cafes have a headache, Fengyun Network's approach this time has ruined the wealth of many people, and there must be a lot of people who hate them, right? If...... Du Jing shook his head vigorously and drove away the ** in his mind.
At this juncture, he needs to be calm, Du Jing's kind of approach is not advisable, not to mention that after Yu Jun has gone through so many things, the number of bodyguards around him is afraid that it is in double digits, and what about the Lin family, can you really not put Lin Boyang, Lin Haichao, and even Lin Lao in their eyes?
"Immediately notify the directors of SoftBank and Tiger Fund and convene a board meeting, what we need now is," Du Jing took a deep breath, "Follow up." ”
SoftBank's Nishiki Fujimoto, Tiger Fund's Kesig, and Hengchun Technology's Sun Yuzhi, including Du Jing, held a meeting for nearly two hours behind closed doors, and only decided to reduce the boarding fee to 6 yuan per hour at 11:45.
And now what worries the board even more is the reaction of the capital markets.
Du Jing did not go home to sleep until 10 a.m., when the Hong Kong stock market opened.
"Yaga!" Nishiki Fujimoto saw the green candlestick on the stock price and slapped the table viciously and shouted.
As soon as the market opened, the Lotus Network fell from 300 yuan to 270 yuan, a drop of nearly 10%, which means that the Du family evaporated 800 million in this short period of time.
And Fang Jian's eyes are all green, 6 million, and the time to do so is gone in the blink of an eye?