Fang Hong stayed at the headquarters of Xingyu Technology Company for more than an hour, and left after learning about the company's recent series of matters.

Qin Feng also immediately convened a meeting of the company's core executives to quickly adjust and rearrange the company's original strategy.

One is to adjust the time of the company's first product launch, which was originally scheduled to be held in the autumn to March in the spring; Another thing is to expand production capacity, especially for the S1-Plus version, which was originally not ordered in large quantities.

Today, after chatting with Fang Hong, he received strong financial support from Qunxing Capital, and used the trick of zero-interest bank installment payment, so that Qin Feng had the confidence to focus on the flagship machine.

In addition, the original production plan was also adjusted, and Qin Feng decided to increase the order volume to 15 million units, or the move of zero-interest installment and the financial assets of Qunxing Capital gave him confidence, which can greatly stimulate consumption.

In terms of production capacity, Xingyu Technology currently has to rely on upstream and downstream suppliers to OEM, in addition to the core technology, they are outsourced to other OEM, but Xingyu Technology does not have many hardware core technologies, and the most important core technology is still concentrated in the software system.

The cooperative supply chain manufacturers also include Goertek Acoustics, Lixun Precision and other enterprises, all of which have received relevant orders from Xingyu Technology.

Qin Feng also said that fortunately, he was looking for Biyadi OEM instead of Fushikang, because Fushikang is also receiving orders from Apple, if he cooperates with Fushikang, it will definitely be discovered by Apple, and it is guaranteed that Qiao Gang will hold a press conference in advance.

It is foreseeable that Xingyu Technology and Apple will definitely stage a patent dispute that is lip provoking, and the appearance industrial design is also patented, but this is difficult to define, because the appearance of Xingyu Technology's S1 industrial design is not a copy of the iPhone4 mobile phone, but the design concept accidentally crashed, and Qin Feng didn't know at all, but he couldn't prevent Fang Hong, a reborn person.

So this must be a protracted war of words, Apple will definitely say that Xingyu Technology copied their design, but in turn, Xingyu Technology can also be said to be plagiarized by Apple, and the key is who releases it first will have the actual advantage.

If Xingyu Technology is a start-up company with no background, it may be suppressed, but Xingyu Technology is backed by Qunxing Capital, and now Qunxing Capital has become the largest taxpayer in Xincheng, and it is a hardcore ally with Huayang Group.

Fang Hong is rushing to build a "new city Pizza Hut", and the local protection of local enterprises must be strong, after all, it can contribute more than 35 billion astronomical tax revenues in about a year after its establishment.

Why should we firmly adhere to the eight-character principle of "no stealing, no leakage, and full payment" in the area of tax payment? Here's why.

In short, the current Qunxing Capital relied on the protection of Huayang Group in a certain sense in the early days, and now it has passed the most fragile growth period, and it has begun to take shape, forming a community of interests of the "Qunxing System".

……

Fang Hong got into his special car and left Xingyu Technology Company, and Tian Jiayi sat next to him in the same car.

After a while, Fang Hong turned his head to the left and looked at Tian Jiayi and said: "Let Hua Yu do one thing, find some powerful national team institutions for Qunxing Capital to dock, such as social security funds, seedling enterprises and other level institutions." ”

As the scale of Qunxing Capital grows larger, the level of the game will also rise, and it is time to consider introducing more and more powerful institutions and closely linking them with interests.

Tian Jiayi also immediately began to memorize.

Fang Hong added: "This time, the access institution we want to seek is to directly connect with Qunxing Capital, and it must be at the level of a seedling enterprise. ”

Some of the problems or troubles that Qunxing Capital may encounter in the future, friends who do not have strength will not be able to help, and even the façade is shabby, and it does not make much sense to introduce it, it will not help Qunxing Capital much, and it will occupy an additional position.

After a while, Fang Hong pondered and decided: "Take out 35% of the equity of Qunxing Capital for this docking." ”

Of course, it is not a direct transfer of the equity of Qunxing Capital, but to the conversion to "Shenxing", one of the two major holding companies of Qunxing Capital, so that the institution of the access party holds the equity of "Shenxing", and its equity ratio corresponds to 35% of the equity of Qunxing Capital.

The current shareholding structure of Qunxing Capital is the trust fund indirectly held by Fang Hong, accounting for 89.03% of the total shares, the second largest shareholder is Huayang Group with 10%, and the third largest shareholder is Huayu with 0.97%.

This time, Fang Hong does not intend to dilute Huayang Group's shareholding, including Huayu's 0.97%, in other words, after entering the new institution with a 35% equity ratio, Fang Hong's trust fund equity ratio has dropped to 54.03%.

Tian Jiayi asked: "At what valuation?" ”

Hearing this, Fang Hong thought about it and said decisively: "Let's make the price according to the net asset base at the end of the period of 09." ”

Tian Jiayi nodded: "Understood." ”

The 2009 financial report of Qunxing Capital has not yet come out, but it is almost there, Tian Jiayi, who has made a memorandum, said thoughtfully: "At the beginning, the equity you sold to Huayang was valued at a premium of several times the scale of the current net assets, although now it has also filled the valuation bubble, Huayang is not at a loss." But this time to access a new institution without any valuation bubbles, will Huayang feel that you are suppressing the company's valuation and making people get on the bus? ”

Fang Hong smiled and said vigorously: "First, this time the new friends did not dilute the equity of Huayang's holdings in the stars, even if I broke the bone and threw it out, he Hua Yongming has nothing to say." ”

"Second, Huayang, the new friend I pulled this time, is even more unwanted, Huayang's influence is also in the new city and its surrounding areas, and the new friend I want to pull this time, Huayang is also a younger brother in front of them, and the younger brother will stay honestly, without his part in speaking."

Speaking of this, Fang Hong turned his head to look at the beautiful assistant and added with a smile: "Now even the strength of Qunxing Capital has surpassed Huayang Group, what he can settle with Huayang, Qunxing himself can also settle it, and Huayang can't settle things that Qunxing can't settle, to some extent, Huayang Group can't help at best, I can't be kind to him if I don't unload the mill and kill the donkey, what else does he dare to say?" Just take the 10% equity and honestly eat the dividends of the stars. ”

Hua Yongming is a shrewd old fox, Fang Hong believes that he must be able to see clearly and position clearly, Huayang Group only needs to say hello, as for Hua Yongming, he will definitely not have half a word about this series of decisions of Qunxing Capital.

……

Weekend morning of January 31.

Xingyu Technology announced on this day that it had received 5 billion yuan of Series B financing from Qunxing Capital, and this round of financing is still the exclusive investment of Qunxing Capital, and the announced news did not disclose how much equity was transferred in this B round of financing.

However, there is no doubt that Qunxing Capital must be the largest shareholder of Xingyu Technology.

As soon as the news came out, it caused a sensation in the capital circle and the technology circle, and the financing scale of 5 billion yuan, about 733 million US dollars, directly created the largest single financing scale in 2010.

When people in the investment circle saw this news, they were numb to the large-scale operation of Qunxing Capital, and the money was really like the wind blowing, and it must be a big deal.

Entrepreneurs from all walks of life are also moved, such a gold owner's father, as far as the eye can see, can not find a second home.

Rebus also felt a little unable to sit still when he saw the news, and he had decided to start a business again in the field of smart phones, Xingyu Technology has been established for a year, and there is such a generous financial father behind him, which can be called the financial support at any cost, and Xiaomi Company has not even been established.

It is worth mentioning that people from all walks of life, especially in the investment circle, are speculating about how much valuation Qunxing Capital will give to Xingyu Technology with such a large amount of financial support, and from the perspective of financing scale, it must be valued at least above the unicorn level.

So because of this, another very troublesome new question has arisen, that is, is Xingyu Technology really so valuable? Or is there something unique about it?

But what can a start-up company that has only been established for about a year have?

The core of a technology company is technology, but advanced technology is not so easy to break through, the outside world really can't understand how Qunxing Capital dares so much, the stall is getting bigger and bigger, and the pen is getting bigger and bigger.

……

(ps: 2023 is the beginning of the new year, I wish you all a happy new year, a wide range of financial resources, in short, all wishes come true, and the wealth is over!) )