Getting Fang Hong's 10 million angel round investment is a new situation for Chu Changxing's team, which not only gives Kunpeng Technology a new life to survive, but also gets the support of many other intangible resources from the gold owner's father.

Fang Hong decided to invest in Kunpeng Technology, and has now taken 45% of the equity, and will refinance in the future, and the equity share will definitely be further increased.

The support given to Kunpeng Technology will definitely not be stingy, after all, the company's development is in line with the interests of the owner's father, so the relevant resources that Kunpeng Technology needs will definitely be tilted.

For example, when the company moves to the new city, the father of the owner will come forward and be able to land better and faster; For example, for the construction of the company's management structure, the father of the owner will also take action and give corresponding support to build the company's skeleton as soon as possible; Another example is the search for office space, the recruitment of talents, and so on.

After receiving an investment of 10 million from Fang Hong, the difficulty of Kunpeng Technology's original hellish start suddenly entered the dream stage, and many things that could make Chu Changxing and the three of them run errands around can be easily solved, and they can focus more on R&D and innovation, and improve the core technology and competitiveness of products.

Of course, the core competitiveness of technology companies is scientific and technological innovation, but to make an enterprise stronger and bigger, it also requires a combination of many other factors to achieve.

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Tranquility Villa.

Chu Changxing and the three of them left here, but the prototype they brought was left, Fang Hong wanted to take a closer look at the prototype of Kunpeng Technology, and Chu Changxing also gave it to the gold owner's father very happily.

At this moment, Fang Hong was continuing to fly the prototype outside the villa, and Tian Jiayi, who had returned from the company, was now standing next to him.

"It's really good, it's not inferior to DJI at all, this product is already very perfect, and it's just about to be mass-produced and brought to the market." Fang Hong nodded again and again.

This first-generation Kunpeng drone has many characteristics, first of all, it is easy to install, innovative built-in shock absorption design, no need to install an additional outer frame or shock absorbing pad, and can be simply pasted on the fuselage, which can not only greatly reduce the volume and weight, but also simplify the installation process, and users can also have more installation options.

There are also a variety of flight control modes for intelligent switching, and this prototype provides four control modes, which are GPS cruise mode, GPS attitude mode, attitude mode and manual mode.

You can switch between these four modes freely and quickly to adapt to various flight environments, even including special environments such as buildings with poor GPS signals, valleys, and bridges, and the system will also judge the changes in the flight environment and make intelligent flight mode switching.

For example, when the GPS signal is intermittent when crossing the bridge, the system will automatically switch between GPS flight mode and attitude mode to ensure the stability and safety of the flight.

In addition, precise positioning and hovering, high control accuracy, intelligent failsafe protection or automatic return-to-home function, built-in gimbal stabilization system, etc.

After a while, the prototype automatically returned home, Fang Hong looked at the beautiful assistant next to him and said with a smile: "10 million funds will take 45% of the equity of Kunpeng Technology, this time I picked up a big baby." ”

Kunpeng Technology's first-generation product can compete with DJI's first consumer-oriented product based on flight control technology, but DJI's AE product has not yet been released, and it should be released around October at the end of the year.

There is still about half a year to calculate the time, and it should be able to catch up, Kunpeng Technology got 10 million funds from Fang Hong, and the prototype has been very perfect, and now with financial support, it is too late to launch it to the market in the fourth quarter of this year.

Tian Jiayi, who was next to him, clasped her hands around her chest, she looked at Fang Hong and said, "As far as I know, the main flight control module can only be regarded as a very niche market at most, right?" ”

"It is relatively niche, but the market increment is expected to be very sufficient, and there is a lot of room for imagination in the future." Fang Hong smiled and said: "This is not the key, the key is that the story of Chu Changxing's plan for Kunpeng Technology is very beautiful, and it also convinced me that the main focus in the future is the consumer-level non-professional drone market, according to what he said, the next generation of Kunpeng Technology's products are designed for simplicity and ease of use, and the retail price strives to be pressed to a price below 5,000 yuan." ”

Saying that, Fang Hong looked at the beautiful assistant again and added: "He can really paint this big pie, and he will definitely be able to pry into the non-professional drone market and get out of control." Not to mention investing in him 10 million, even 100 million is worth gambling. ”

According to his plan, Kunpeng Technology will systematically build all the elements needed to have a complete drone: software, propellers, brackets, balance rings and remote controls.

His long-term plan has stepped on the correct path for the future development trend of commercial drones, which is why Fang Hong did not hesitate to invest money, because with the French .rro, the first consumer-grade multi-rotor machine appeared on the market, which also ushered in a blowout growth in the multi-rotor market.

And Chu Changxing set the goal of making a complete machine for Kunpeng's development plan early, and from this point of view, the forward-looking is even better than DJI.

It's just that VC is not optimistic about Chu Changxing's team, if it wasn't discovered by Fang Hong this time, Kunpeng Technology may have closed down and disappeared in obscurity, and Chu Changxing and others may also go to DJI to work and work to make screws.

But now it's different, getting an angel round investment of 10 million from Fang Hong will definitely set off a storm in this industry.

Source change app】

At the end, Fang Hong walked indoors with the prototype, and at the same time said to the beautiful assistant: "You go and prepare the agreement contract with Kunpeng, send someone to sign it with Chu Changxing, send him the money as soon as possible, and transfer 10 million from my card." ”

It is worth mentioning that Fang Hong's personal assets, the account passwords of several bank cards, etc., are known to Yu Qiu, who is a housekeeper, and Tian Jiayi, who is a personal assistant.

Fang Hong himself basically didn't touch the money.

Hearing this, Tian Jiayidun was puzzled and said: "Invest in this project in your personal name?" Isn't it the intervention of Qunxing Capital? ”

Fang Hongtang smiled steadily: "People are looking for K Shenla to invest, not looking for Qunxing Capital." For the time being, let's put it in my personal name, which is equivalent to me making a PE equity investment. ”

The so-called PE equity investment refers to equity investment in private enterprises and unlisted enterprises in the form of private placement, and the future exit mechanism is taken into account in the implementation of the transaction, that is, through listing, mergers and acquisitions or management buybacks, etc., to sell the shares for a profit.

In the mainland, it can also be understood as buying the company's original shares and waiting for listing, while doing PE equity investment in terms of exit mechanism generally does not delay until the listing is reduced and sold from the secondary market, but is withdrawn after listing.

That is, on the eve of listing, the equity in hand is directly packaged and sold to other investors, and the profit exit is directly in the primary market, as for the investors who take over, such as institutional investors, public funds, etc., to make a profit is to withdraw from the secondary market after listing, and eat the premium of the secondary market.

Of course, PE equity investment can also be held until listing, if the stock price continues to rise sharply after listing, it must be more profitable, but it is a lot of trouble to withdraw from the secondary market, one is limited to the sale period, and the other is if the equity ratio exceeds 5%, the exit to reduce the announcement.

After a while, Fang Hong added: "On the eve of Kunpeng Technology's listing, I will withdraw, package all the equity in my hand to Qunxing to take over, and complete the change of hands from person to company at a 7% discount according to the fair market valuation of the current period." ”

With a seven-fold discount on the current valuation price to the company, it cannot be said that Fang Hong is harming the public and private interests of the company to convey to him personally, but the company picked up the cheap, and the seven-fold takeover is equivalent to the nominal value of the floating profit +42.85% at the moment of completion of the change.

However, even if he withdraws from the primary market with a seven-fold discount, with the valuation of Kunpeng Technology on the eve of its listing, Fang Hong's personal worth will not be a problem to earn tens of billions of exits, and the investment of 10 million will become tens of billions, and the expected return on investment will reach more than 1,000 times, isn't it just picking up a big baby.

Tian Jiayi nodded: "Well, I know." ”

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