No. 166 The Three Holes of the Cunning Rabbit

The 166th cunning rabbit three holes

Song Ningxing talked about the future planning of Panyang City: "On the side of Weijiazhuang, there are scattered mountains to the south, west and northwest, and the topography affects the development potential. With the advancement of intelligent factories, Panyang City is becoming more and more suitable for the development of manufacturing industry. In order to expand the industrial ceiling, the industrial zone should be developed north to Wuping County, is there a problem at the technical level? ”

Wei Dongsheng: "The Economic Development Zone and Wuping County are separated by the Lunu River, and if you want to closely connect the two places, I am afraid that at least two bridges will be built back and forth. ”

Song Ningxing: "Fix it." ”

Wei Dongsheng: "With the increase in population density, I am afraid that the Lunu River will have to be repaired. ”

Song Ningxing: "If Panyang City wants to grow into a symbol of the hinterland of the Central Plains, sooner or later it will have to repair the Lunu River. ”

Wei Dongsheng: "The cost is not low. ”

The Lunu River, which originates in Panyang City, is not only a tributary of the Huai River, but also a famous river in Hedong Province. It is also for this reason that Panyang City is very rich in hydropower resources and is full of reservoirs. To the north of Weijiazhuang, some distance is the Lunu River; To the east of Weijiazhuang, some distances, is a tributary of the Lunu River; To the south of Weijiazhuang, there is a widened irrigation canal. The perspective is limited to the vicinity of Weijiazhuang, where the water network almost has the charm of a water town in the south of the Yangtze River. If it weren't for this natural condition, Wei Dongsheng would not dare to think of developing Panyang City into an intelligent industrial town.

Taking this section of the Weijiazhuang River as an example, due to the interception of the reservoir layer by layer, the water of the Lunu River in the off-season is extremely shallow, and the average depth of the river center does not exceed two meters. On the north and south banks of the river, the bank is nearly 1,500 meters wide and more than 10 meters high, cutting the plain into two pieces. The reason why Wuping County moved Shikang Village to Xiangshan District of Panyang City a few years ago also has such a geographical background.

Song Ningxing didn't think about these difficulties: "Lu Nuhe is the lifeblood of Panyang City, no matter how high the cost is, you have to do it." ”

Wei Dongsheng did not insist: "When I went to Liangzhu Township to study in junior high school, I was particularly annoyed by this river. During the flood season, I had to take a long detour for safety. If there is no problem with the funds, build a bridge. ”

Song Ningxing: "There is a shortage of funds at any time, and I try to move the funds to this area." In the near future, if the feasibility is relatively high, the river will be repaired; If the progress of the project goes smoothly, I will take advantage of the situation to promote the withdrawal of Wuping County and the establishment of districts, and change Wuping County to Wuping District of Panyang City. ”

Song Ningxing and Wei Dongsheng talked for a long time.

The reason why Song Ningxing was willing to take the time to negotiate with Wei Dongsheng about the future plan of Panyang City was because he did not regard Wei Dongsheng as an ordinary businessman from the bottom of his heart. In his previous life, as Song Ningxing's staff, Wei Dong was familiar with Song Ningxing's governing philosophy, and he was also familiar with the pros and cons of some specific policies. Wei Dongsheng used Song Ningxing's previous life to communicate with him, and often quickly checked and filled in some deficiencies, and the longer they communicated with each other, the more Song Ningxing regarded Wei Dongsheng as a confidant.

At the same time, Wei Dongsheng did not want to become a money-making machine that would only make money, and gradually formed a special friendship with Song Ningxing. Song Ningxing did not regard Wei Dongsheng as a businessman, and Wei Dongsheng did not regard Song Ningxing as a bureaucrat. The relationship between Wei Dongsheng and Song Ningxing is more like like-minded comrades.

Wei Dongsheng was familiar with Song Ningxing's character and believed that Song Ningxing would do his best to protect him. However, Wei Dongsheng's character is destined that he will not passively rely on anyone. Rather than waiting for the opportunity to come, Wei Dongsheng is more willing to take the initiative to look for opportunities; Compared with waiting for a certain faction to give up collecting illegal and undisciplined materials of a series of companies such as Spring and Autumn Period, Zhiyu , Zhu Wei, and Quantum Rose, Wei Dongsheng is more willing to prepare some more buffer retreats in the cunning rabbit three holes.

The buffer retreat is not to naively run abroad, but to broaden the battlefield of the game and lengthen the safe distance of the game.

After the Panyang meeting ended in vain, Wei Dongsheng quickly registered a multinational company focusing on international business and named it Shuoguang.

Shuo, new also.

Shuoguang, that is, new light, new light.

This is also the positioning of Shuoguang Group.

Shuoguang is positioned as an international enterprise, and Wei Dongsheng quickly registered a series of branches in major countries around the world and several African countries in his name. The vast majority of these branches are leather bag companies with no actual business. Of course, a leather bag company also has the role of a leather bag company, and a temporary leather bag company does not mean that it will always be a leather bag company.

This is an elongated front.

The domestic base is to strengthen the defense and unite as much as possible the forces that can be united. Wei Dongsheng and Jing Minqiang talked all night and persuaded Jing Minqiang to transfer all his shares in the Spring and Autumn Search to his wife Gong Qiuqiu, and indirectly put Gong Qiuqiu in the front desk of the Spring and Autumn Search. The intention of this move is to ease the rift caused by the conclusion of strategic alliances between Zhiyu and other interest groups, to show favor to Gong Qixing, and to indirectly compromise with Gong Qixing, so as to strive for one less enemy and one less enemy. At the same time, this is also to push Gong Qiuqiu and Gong Qixing to the forefront to resist the pressure from the State Council Information Office, and raise the cost of a certain faction to set off a big case against him.

Gong Qixing didn't care about Wei Dongsheng's small actions.

There is no friendship in interests, if he can't protect the Spring and Autumn Search, the Spring and Autumn Search will never be able to charge for him. A certain faction has recently made online news because they are keenly aware of the increasing importance of online public opinion, and they have resolutely increased their resources in this area, in order to regain the defeat of the print media position. Gong Qixing was also aware of this, and quickly realized the huge role of Spring and Autumn Search and related parties Tencent and Four-Dimensional Space. If you don't have the ability to influence online public opinion, maybe forget it; Since he has Gong Qiuqiu's relationship, it is impossible for him not to be moved.

Some time ago, he warned that Gong Qixing paid more attention to it and no longer regarded Chunqiu as an Internet company.

Gong Qixing was satisfied that Wei Dongsheng brought Gong Qiuqiu to the forefront, although this was not the best choice, but he could continue to deepen his influence on the Spring and Autumn Search through Gong Qiuqiu. Gong Qixing regarded the Spring and Autumn Period as an extension of his influence, and worked hard to build defensive measures, which curbed the covetousness of other forces to a certain extent.

This is the first cave of the three caves of the cunning rabbit.

In the second cave of the three caves of the cunning rabbit, Wei Dongsheng will not passively rely on Song Ningxing, let alone cowardly rely on Gong Qixing.

Compromise and retreat at this moment is by no means surrender and admission of defeat, but to gain strategic buffer time and accumulate strength so that we can make great strides forward in the future.

In order to avoid the Spring and Autumn Search being puppetized by Gong Qixing, Wei Dongsheng decided to bring in other forces to curb Gong Qixing's greed.

The investment bank previously valued the Spring and Autumn Search at $4.8 billion, and Wei Dongsheng was ready to delay it for a while in view of the fact that the Spring and Autumn Search did not have financial pressure. Until this incident, Wei Dongsheng decisively gave up his previous plan, no longer pursued profit maximization, and agreed to promote the listing of Spring and Autumn Search in the United States at a valuation of $3.5 billion. $4.8 billion to $3.5 billion, it's a fool not to make money, and the road to listing in the Spring and Autumn Search was as smooth as a rocket. On October 20, 2006, Spring & Autumn Search was listed on the NASDAQ, closing 46.2% higher than the issue price on the same day, and its market capitalization jumped from US$3.5 billion to US$5.12 billion.

Such results prove that Spring and Autumn Search does match the valuation of $4.8 billion.

In order to ensure the smooth listing, securities underwriters usually reserve a certain amount of room for appreciation to attract investors. For example, in 2004, Google went public, and on the eve of Google's listing, it insisted on $108 to $135, but the official launch price was set at $85 the next day. $4.8 billion to $3.5 billion, $3.5 billion to $5.22 billion, the Spring and Autumn Search is a small loss, but overall it is within the acceptable range.

Moreover, the most important thing for a company to go public is not what the issue price is, but how it is expected to appreciate in the future.

This time, the bloody listing, the Spring and Autumn Search only released 5% of the equity. Assuming that $4.8 billion is its true valuation, Spring and Autumn Search released 5% of its shares at a valuation of $3.5 billion, which is equivalent to a loss of $65 million; However, the closing price of the day brought a real market value of $4.864 billion to the other 95% stake of Spring Search.

Similar to the Spring and Autumn Network, Wei Dongsheng also adjusted the equity distribution of the Spring and Autumn Search early. Considering the existence of Gong Qixing and Gong Qiuqiu, Wei Dongsheng deliberately increased his personal shareholding ratio, and after the Spring and Autumn Network issued an additional 5% equity financing, Wei Dongsheng accounted for 25.3%; Gong Qiuqiu accounted for 4.7%. Spring and Autumn Search also adopts the AB share model, dividing the shares into two series, A and B, with Series A ordinary shares having 1 vote and Series B ordinary shares having 10 voting rights, ensuring that Wei Dongsheng nominally controls Spring and Autumn Search through 25.3% of the shares.

Looking at the percentages, 4.7% seems to be insignificant. However, at a valuation of $5.12 billion, Gong Qiuqiu's equity is worth $240 million, and the current exchange rate is converted to 1.9 billion yuan, which is not a decimal number in any case.

Wei Dongsheng's 25.3% stake is also about $1.29 billion.

Forbes released the 2005 China Rich List, valuing Wei Dongsheng at a net worth of $3 billion. Now, with the 25.3% equity of Spring and Autumn Search, Wei Dongsheng's net worth has increased by half a little, and it seems that the hat of the richest man in China will not be able to take off for a while.

And that's exactly what happened.

A dozen days later, Forbes released the 2006 Richest List, valuing Wei Dongsheng's net worth to $4.8 billion. Huang Guangyu is second on the list of the richest people in the mainland, with a net worth of 18.09 billion yuan, only half of Wei Dongsheng, who has unsurprisingly become the richest man in the world; in the list of the richest people in Greater China, Wei Dongsheng surpasses Hon Hai Terry Gou and ranks ninth, up slightly by one place from last year; in the world, Wei Dongsheng ranks 129th with other richest people, a large climb of 65 places.

This is the aura that focuses on Wei Dongsheng.

The aura of spring and autumn is even more dazzling.

After the Spring and Autumn Search was listed, the stock price trend was good, and it fluctuated slightly to the 2006 rich list released by Forbes, which remained at about $5.1 billion. By the time of the Panyang meeting, the market value of Spring and Autumn Network has slowly rebounded from $7.546 billion to $7.8 billion. Spring and Autumn Network plus Spring and Autumn Search, the Spring and Autumn arch is worth 12.9 billion US dollars.