Rebirth 2011

Chapter 521 How many years will it be before listing?

"I'm Waiting for You at the End of Time" was released in the third week, and the box office fell by less than 30%, which is quite amazing.

Just this week, "I'm Waiting for You at the End of Time" got 2.52 million box office, with a total box office of 8.71 million, and there is no suspense to break 9 million.

However, the successor of "Painting 2" is weak, the single-week box office is less than 1 million, only 9800 million, and the total box office is 8.38 million. The decline is complete, and it is impossible to break 9 million.

After all, there is not much room for improvement simply relying on the fans of the two companies to swipe the screen, and in the past two weeks, some interested outsiders also went to the cinema to watch it.

It can be said that "Painting 2" has just broken the box office record of domestic films, and its position has not yet been firmly established, but it was broken by "I'm Waiting for You at the End of Time" in the same period.

Of course, "Painting 2" also took advantage of the hype, and the box office was more than [-] million more than the original estimate, and it didn't lose at all.

Face, where money comes from is important.

"Boss, "Painting 2" is going to hold an 8 million box office celebration party, do you want to attend?"

"No, just go on behalf of the company."

"Ok."

Xu Renshan, who was teasing his baby at home, received a call from the general manager Li Husu and refused the celebration banquet in the capital.

After talking with Xiao Qingqing for nearly an hour, it was almost 9:[-] before Xu Renshan took the car to the headquarters of Yuming Group for a meeting.

Today's ten o'clock shareholders' meeting is related to the divestiture and sale of the same-city food delivery platform, and the two shareholder representatives who raised funds earlier came.

"Sister Sheng, Sister Zhong, long time no see."

Walking into the meeting room, Xu Renshan smiled and shook hands with the two young ladies of Nongjiashanquan and Wakaka.

"haven't seen you for a long time."

After a brief chat, the meeting started under the chairmanship of General Manager Fan Deyi, who introduced the specific progress of the current takeaway platform sale case.

Just last week, many parties have reached a consensus that Meimeiwang will acquire all the businesses of the same-city food delivery platform with an 8% stake and a capital of 2.7 million US dollars.

At the same time, Meimeiwang will launch a new round of financing before then, selling 18 points of equity in exchange for 5 million US dollars of funds, which will be used to acquire the same city food delivery platform and carry out the next expansion.

That is to say, after the financing, the market valuation of Meimei.com is nearly 28 billion US dollars.

Counting the shares and cash received, Yuming Group received a return of nearly 4.9 million U.S. dollars, equivalent to about 32 billion Huayuan.

According to the 13.6 billion funds previously invested in the same-city food delivery platform, the rate of return reached 10% in less than 137 months.

"Mr. Fan, I would like to ask, why did Yuming Group not continue to expand the business of the same-city food delivery platform, but chose to sell it?"

For this so-called profit of nearly 20 billion, wow, Zhong Jimei did not have much joy, but asked a question in his heart.

According to the previous financing conditions, the two groups have the right to know, but they do not have the right to intervene in the management of the company.

At first, Wakaka felt that Yuming Group had invested too much in the same-city food delivery platform. It burned more than a billion yuan in half a year after the first round of financing, and the previous 35 billion yuan could only last half a year at most.

After all, before this, Yuming Group spent hundreds of millions on the purchase of a new headquarters building.

Who would have thought that in the blink of an eye, the same-city food delivery platform would be sold for a sky-high price, and they felt that it was a pity.

Previously, the two of them had indeed been notified of the sale, but there was no shareholder meeting, and they had no way to question it.

Now, while the sale case has not yet been settled, Zhong Jimei wants to fight for it again.

As the daughter of a group with a market value of over 20 billion, Zhong Jimei naturally does not only value the profit difference of [-] billion, but also cares about the platform that occupies the first place in the industry.

If we continue to increase investment and expand the same-city food delivery platform to the whole country, how can the value be comparable to the current profit of 20 billion, and a four or five times increase is not too much.

After finally having the opportunity to become a major shareholder of a unicorn company, watching this opportunity slip away quietly, no one can calm down.

What is the follow-up investment? After the previous 35 billion funds are burned, they can add another 100 billion.

As long as it can be burned until it is successfully listed, the market's rewards will definitely make people laugh so hard that they can't sleep at night.

"Perhaps Mr. Sheng has the same questions as Mr. Zhong. Let me explain to you two now."

Looking at the big boss, Fan Deyi explained: "After the rapid development of the same city food delivery platform in the past six months, it has reached a bottleneck. Just in June, if the number of registered members of the same city food delivery platform is comparable to that of the existing group buying website In the face of competition, we are not sure of winning, and the funds that will be spent are unpredictable, and it may even drag the entire group into the quagmire."

In fact, the management of their Yuming Group is also divided into two factions, and even more people support the independent development of the same-city food delivery platform.

After all, which group's top executives don't want their company to become a unicorn in a certain industry, with a future market value of over [-] billion and a bright future.

However, the somewhat radical plan was rejected by the big boss. In the end, everyone agreed to sell the group's intra-city food delivery platform and concentrate on developing the group's franchised brands and self-operated brands.

Naturally, Fan Deyi would not tell these internal information to the two shareholder representatives.

"It seems that the team led by Mr. Fan is very mature, and we can rest assured."

Noticing the look in Zhong Jimei's eyes, Sheng Qinglan didn't ask any further questions, and agreed with Yuming Group's development strategy with a smile.

She and Shi Yuxuan are college classmates or good best friends. After knowing the development strategy of Yuming Group, they had a brief exchange with that Mr. Xu when they went to visit their good best friends who were recuperating at home.

Just now, waiting for Zhong Jimei to ask questions, she also understood the key point more clearly by the way.

"I'm fine."

Seeing that Sheng Qinglan didn't ask any more questions, Zhong Jimei naturally wouldn't be that bad guy, and then asked about the next step of Yuming Group's development: "There are so many funds in Yuming Group's account, what is the next development plan?"

You must know that after the sale of the food delivery platform in the same city, there will be nearly 40 billion funds in Yuming Group's account, which cannot be put in the bank for interest.

"Two bosses, please take a look."

Anticipating such a problem, Fan Deyi asked someone to turn on the projector, and a huge map of China was marked with densely packed red dots: "We plan to have more than 13 directly-operated stores of MC Coffee by the end of 1000." , which will cost more than 20 billion yuan. In addition, we will increase investment in foreign coffee gardens”

For Yuming Group, which is expanding rapidly, it is quite easy to spend money, and the 40 billion funds are clearly arranged in a few expansion plans.

The meeting ended in a harmonious atmosphere, and the two young ladies of the group were invited to drink coffee in the chairman's office.

"Brother Renshan, do you think Yuming Group will be able to go public within a few years?"

Drinking mellow coffee, Zhong Jimei asked with a smile, without the slightest seriousness in the meeting.

She had attended the full moon wine of the other party's daughter before, and after knowing the relationship between her father and the elders of the teacher, she called this young rich man a lot more casually.

Without the bonus of the same-city food delivery platform, Yuming Group's road to listing is a bit far away.

For investors like them, getting the return on shares of a listed company is definitely better than simply paying dividends from an unlisted company.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like