In the evening, Dongbai Supermarket issued the "Announcement on the Progress of the Suspension of Planning for Restructuring and Listing and Related Party Transactions", and the company will officially suspend trading tomorrow and resume trading on Monday, October 19.

Boy!

Is this really going to reorganize with Yonghui?

The owner of Dongbai Supermarket was excited, and the seller broke his thigh and died before dawn.

Today, institutions are buying more than 140 million yuan, and many shareholders have questioned the "insider funds", and the entry is too timely, and it is inevitable that the "insider" will not be detained.

But it's more of a beating of the chest after selling the fly, the shareholders never thought that Dongbai was really going to reorganize, October 19 opened on Monday, this ticket must have no suspense on the top of the board, the doxxing rushed to double the rhythm.

……

The next day, Wednesday, September 30.

On the last trading day before the holiday, the big A did not continue to hit a new low, but stopped falling and rebounded, once up more than +1.77% intraday, recovering the 2800-point mark, but it fell back again in a few minutes, and finally closed at 2779.43 points, up +0.90%, and the big A ended the September market with a red close.

Fang Hong has already hit the position to the ninth layer, and he has a heavy position for the holidays.

Time entered the small long holiday in October, and on October 5th, Quantum Beat issued an announcement that its Weibo platform has broken through the 100 million user mark.

……

Quantum Beat Headquarters.

"The user scale has finally broken through the threshold of 100 million, and it feels incredible in retrospect, the number of users on Weibo has exceeded 100 million in one year!" In the office, Xu Jingren said with emotion.

Quantum Beat's Weibo platform was launched around October last year.

At this moment, Fang Hong also came to the headquarters of Quantum Beat, he, the company's chief strategy officer, basically doesn't care, and he rarely even comes to the company, Xu Jingren and they don't care about the boss being the boss, anyway, Fang Hong can operate normally if he doesn't come to the company.

"Oh yes, the company recently successfully reached an in-depth cooperation agreement with the 3G portal to integrate news information, Weibo products, clients, mobile search and other fields, and at the same time, the quantitative Weibo and 3G portal SNS products were integrated, and the two sides officially jointly operated the 3G portal Weibo." Xu Jingren immediately talked about it.

Founded in 2004, the 3G portal has a bookstore, sports, news, entertainment, and finance ...... With more than 70 content channels, it is currently the largest mobile Internet portal in China.

Obviously, Xu Jingren's team has begun to work on the mobile Internet, which is also a process in the plan list.

Fang Hong is quite satisfied with the development of quantum beating, although he does not come to this company once in ten days and half a month, Qunxing Capital keeps data tracking, and his assistant Tian Jiayi will report to him every day.

Just because you don't come to Quantum Beat in person doesn't mean you don't know how the company operates.

After a while, Xu Jingren said: "In addition, the Weibo platform will launch the Q version of Weibo internal testing at the end of the year, mainly by comparing the cartoon-style interface and user operation methods to attract the young user group of 'post-90s'." ”

Fang Hong nodded, and then said: "The company can advance according to the established plan, and the client must be done well." Another important thing is the backdoor listing of Quantum Beat on A-shares. ”

Hearing this, Xu Jingren was stunned and said, "What? So fast? has just completed the A round of financing, and the company currently has plenty of funds on its books. ”

In the last A round of financing, Quantum Beat took 500 million funds from Qunxing Capital, and now it has only spent more than 100 million, in Xu Jingren's view, the company has no financing needs in the next six months.

Fang Hong said methodically: "Backdoor listing is not so easy, by the beginning of 2011 can be successfully backdoor listing A-shares is very good, so you have to prepare in advance, A-share listing is much more troublesome than going to the United States to go public." ”

It is almost impossible for domestic Internet companies to be listed on the A-share market, because Internet companies are very short of money in the early stage but cannot make a profit, if the profit will soon die, and the expansion period has not yet stood out, once the choice of cash means that the competitiveness plummets.

Because of this, in order to seek development funds, domestic Internet companies may not be able to go up to the A-share queue for a year or two, and one or two years is enough for the Internet industry to decide the life and death of a company.

Quantum Beat is actually not short of money, because it is supported by the father of Qunxing Capital, and from this point of view, it doesn't matter whether it is listed or not.

However, Qunxing Capital needs its subsidiaries to go public to enhance its own credit, and the listing is not for the development of Quantum Beat, but for the needs of the parent company.

At this time, Xu Jingren worried: "But boss, the AB system adopted by the company, to be listed on the domestic stock market, it means that the company has to be restructured, and now Qunxing Capital is the largest shareholder, and we will lose control of the restructuring, and Qunxing Capital still has to guard against it." ”

Hearing this, Fang Hong smiled in his heart, it seems that the merger and acquisition of Hengtong Pharmaceutical Group still has a big impact on Xu Jingren, but it is not broken.

Fang Hong immediately smiled and said, "Who said that I was going to make quantum beating go public?" ”

Xu Jingren couldn't help but be stunned: "Then ......? ”

Fang Hongtang said: "Quantum Beat will not be listed, but will spin off Weibo and reorganize it into a subsidiary of Quantum Beat Holdings, so that this subsidiary can be listed?" ”

As soon as these words came out, Xu Jingren reacted, and suddenly nodded: "I see, that's fine." ”

Quantum Beat became the parent company, and spun off Weibo to Big A backdoor listing, this is Fang Hong's strategy, let Quantum Beat go public at this time? He's not that stupid, because the real heavyweight product "WeChat" hasn't come out yet.

At this time, listing means that the cabbage price gives up the equity.

WeChat this product, Fang Hong still intends to put it to quantum beating to do, after WeChat up, the future valuation of this product is 500 billion starting social hegemony level software, take quantum beating to go public, according to the current valuation of the equity transferred, then blood loss to grandma's house.

Fang Hong naturally won't do this kind of business, if quantum beating is listed, then WeChat will not be put in, but if Weibo is spun off and listed separately, then there will be no problem.

When the time comes, it will be connected to other capital companies that follow the car, and it will also take the equity of Weibo's subsidiary, and WeChat has nothing to do with them here, unless it directly finances the parent company Quantum Beat.

However, at present, the most valuable thing in the whole quantum beating is the product of Weibo, and stripping it out is equivalent to stripping out the most valuable assets of quantum beating, and quantum beating is worthless, and the capital that wants to get on the car directly has nothing to say about the financing of Weibo's subsidiary.

At the end, Xu Jingren asked, "When will it be split and stripped off?" ”

Fang Hong thought for a while and replied: "Specifically, you can do it at your discretion, just complete the spin-off and reorganization before the end of this year, and then I will bring in a group of investors to refinance, and these investors will sign a concerted action agreement with them after they come in." ”

Xu Jingren couldn't help but nodded: "No problem, I'll leave the capital market to you." ”

After a pause, Fang Hong added: "However, before the spin-off and reorganization, Qunxing Capital will take another equity share of Quantum Beat." ”

Hearing this, Xu Jingren didn't understand it a little, and immediately said: "The stars still need financing? But the company is not short of money now, and the money for the A round of financing has not been spent yet. ”

Fang Hongtang said: "That's because Qunxing Capital has included quantum beating in their strategic key projects, so it is a good thing to increase the company's shareholding, and it is good to have a good back against the big tree, which is equivalent to reaching the closest alliance with Qunxing Capital, the two sides are tied to the same chariot, and everyone's interests are common and consistent." ”

Xu Jingren couldn't help but say, "Will there be any pits in this?" ”

Fang Hong said with a smile: "Don't panic, Quantum Beat is not Hengtong Pharmaceutical Group, there is no loophole in the control of the AB share system, Qunxing Capital seeks more equity is to make Quantum Beat bigger and stronger, bigger and stronger, Qunxing has taken the biggest risk by throwing so much money in, and it is also fair to take the largest proportion of the cake." ”

Xu Jingren thought about it carefully, and there was really nothing wrong with it, and after Qunxing Capital invested money, he basically didn't care or even rarely asked, except for checking the company's finances and understanding the specific flow of each of the company's funds, he has never interfered with the actual operation of the company, at least so far.

Such an investor is indeed the most comfortable cooperation as an entrepreneur.

What's more, the boss's girlfriend, his future father-in-law's family has a great relationship with Qunxing Capital, thinking of this relationship, Xu Jingren suddenly felt a lot more relieved, not to mention that the entrepreneurial team also has a veto right in his hand, and it is also the AB share system with different rights of the same share, and the control of quantum beating does not have to worry about being taken away by Qunxing Capital.

At the end, Xu Jingren turned to look at Fang Hong and asked, "How much equity does Qunxing Capital plan to ask for this time?" How much does it cost? ”

……