return to bolang life

Chapter 372 The Lion's Big Opening

After meeting Jeffrey and his party, Wen Liang was invited into a spacious meeting room again.

It is another kind of meeting space for two-by-two single-person sofas.

Common in such occasions.

Bolang also has a conference room with such a layout, which looks very loose.

Seats are naturally very particular.

Wen Liang was arranged to sit next to another Mr. Chen, whose name was the same as Mr. Hengli's rich man. He succeeded Liubai as the big boss of the municipal government in January last year.

As for Liubai who had come over from another courtyard to meet Wen Liang before, he had already left the compound at this time.

In other words, all the people here are members of the city government and its subordinate departments.

For example, there are Su and An.

In fact, this is only the second time for Wen Liang to attend such a serious event, the last time was in Jiangxia.

But it's very interesting.

Even if Wen Liang is an introverted person who is not very good at handling this kind of situation, he doesn't need to worry about how to make the atmosphere harmonious, like a spring breeze.

Because when he is willing to appear on this occasion, it means that he has capital.

Naturally, someone will take the initiative to enliven the atmosphere.

For example, Mr. Chen's deputy, who is citing classics and talking eloquently: "...Yangcheng has been inclusive since ancient times, and has geographical advantages..."

"We have never spared no effort to help home-grown and happy technology companies..."

Then Chen Jiaxin took over the conversation, expressing the responsibilities that an enterprise should bear: "Thank you, bosses, for your concern, we, Bolang, are sincerely afraid..."

"..."

"..."

Nonsense literature is probably one of the skills that must be learned to deal with this kind of scene.

How to speak nonsense without nonsense is probably a skill.

As Brother Xun said, the Chinese temperament always likes to reconcile and compromise.

Most things always have to come and go euphemistically for a while before getting into the theme, such as borrowing money from colleagues, or the current scene.

After the atmosphere became harmonious, Mr. Chen finally spoke about the business: "The development of Bolang and Bolang terminals is obvious to all, and some difficulties encountered in the development process are also obvious to all of us."

After saying such an official sentence, Mr. Chen looked at Wen Liang: "Mr. Wen, don't worry, what specific difficulties Bolang has at this stage, we can solve them and coordinate them."

Wen Liang raised a just right smile on his face, and said in a gentle tone: "Because we are fortunate to be in such a beautiful era, Bolang's development has been unprecedentedly fast, which has also led to some challenges and problems that have never been encountered before."

"To be honest, Bolang's background is not deep. Compared with companies of the same size based on market algorithms, Bolang lacks too many basic links."

"If you have to talk about specific difficulties, you can't do without the word money."

Speaking of this, Wen Liang sighed deeply: "Leaving aside Bolang as a whole, let's just talk about the company Bolang Terminal, which is facing too much financial pressure."

"In the history of mobile phone development, the Xinghai brand has been established for too short a time. It can be said that it is too weak. It is difficult to sustain the temporary advantage. For this reason, Bolang Terminal needs to continue to invest a large amount of research funds for product updates and iterations."

"Because of some well-known external pressures, especially the pressure from Western overseas markets represented by America, Bolang Group even had to cooperate with Hualiwei to establish a company for the midstream production link of the semiconductor industry."

"These objective pressures are difficult to solve, and it is even more difficult for Bolang terminals with a shallow background."

For Wen Liang's tactful and frank explanation, Mr. Chen expressed the same kindness: "In the past, we didn't care enough for Bolang, and we couldn't give necessary support where Bolang needed it. We deeply apologize."

"Mr. Wen, don't worry, we are aware of the pressure Bolang Terminal is facing, and we will never stand idly by."

As he said, Mr. Chen glanced at the other heads in the audience: "The specific issues mentioned by Mr. Wen just now, the municipal development and reform, municipal finance, municipal industry and information technology, municipal state-owned assets, and municipal science and technology bureaus and units all talked about it. Let's see how to solve it."

The boss of the Municipal Development and Reform Commission was the first to speak: "Mr. Chen, Mr. Wen, about the development pressure faced by Bolang terminals..."

"..."

Members of various departments expressed their attitudes.

Great attitude.

Because this is something that has been determined before Wen Liang's arrival, Yangcheng must show enough attitude to fully support the development of Bolang Terminal.

In the internal meeting, Mr. Chen stated bluntly that the Bolang terminal is not only the plane tree of Yangcheng, but also the golden phoenix of Yangcheng.

It is necessary to cultivate this sycamore tree and this golden phoenix well.

This is not an exaggeration.

After 17 years, the treatment of Juchang in Pengcheng is countless times better than that of Bolang Terminal.

At that time, Yu Dadong told him in his internal speech that he went to the Pengcheng official organization dinner to call it a show for others.

You must know that Yu Dadong was not the owner of the chrysanthemum factory in the 22 years.

But at this moment, the results made by Bolang Terminal are more influential.

The popularity of Xinghai 1 in the domestic market is obvious to all, and the competition with Apple is also obvious to all. It can be said that Apple executives are forced to come to Yangcheng.

XingHai1 also belongs to the best-selling level overseas.

Although there is still no three-piece set of Youtube, Twitter, and Facebook on Stars Apps operated overseas so far, it does not hinder the enthusiasm of overseas users to buy.

Right now is just the era of transitioning from feature phones to smartphones.

And, XingHai1 just doesn’t have the apps of these social platforms, it’s not that you can’t use these social platforms on XingHai1 – the development of H5 technology makes the experience of using the web version of these apps on mobile browsers barely passable.

You must know that these social platforms first developed the PC web version, and now they are slowly turning to the mobile platform!

Moreover, there are ranges on Stars Apps that have been developed based on mobile terminals from the very beginning, as well as the international versions of Xiaochengshu, QQ, and Weibo that have been coveting.

On the other hand, there is another important point. Compared with the other three first-tier cities, there are not many large companies in Yangcheng.

For example, Pengcheng has well-known private enterprises such as Chrysanthemum Factory, White Goose, and BYD, as well as large enterprises such as China Resources and China Merchants Bank.

Shen Cheng needless to say.

Not to mention the capital city.

What is there in Yangcheng? Yangcheng has NetEase, which raises pigs, and... Evergrande Real Estate, which will owe two trillion yuan in the future, and... I don't know.

In the last aspect, Yangcheng often falls out of the first line, and has always been jokingly called the super second line.

Right now, there is Bolang Terminal, a high-quality enterprise that has been marked with the Yangcheng logo from the very beginning. Once it was born, it has established a unique position in the industry. How can Yangcheng not pay more attention.

Not to mention that in the past month, Yangcheng used the Bolang terminal to drag Apple.

All in all, after this discussion, the final consensus is.

"We have a good foundation for cooperation with Bolang Terminal through Chengtou, and we hope to continue such good cooperation with Bolang Terminal."

The translation of this sentence is:
Some matters that need to be solved by various departments have been discussed just now. The most specific financial affairs of Bolang Terminal are still led by the National Development and Reform Commission for specific consultations. As for the amount of funds that Bolang Terminal needs, Bolang Terminal will first mention it. Come out, develop and reform to make judgments, and strive to meet the needs of Bolang terminals.

There are so many people here who are not stupid.

Let Wen Liang describe the financial pressure of Bolang Terminal with two consecutive words of "too big and too big", which is enough to explain two things.

Therefore, even if everyone gathers together, they dare not speak up.

In addition, there is another very important thing. Everyone knows that according to the prevailing market rules, the current valuation of Bolang Terminal is already terribly high.

Because there are two consecutive months of operating revenue here, it is enough to prove that the market operation of Bolang Terminal has been successful.

There is almost no doubt that Bolang Terminal is now valued at 5000 billion.

Even if you can't use the algorithm of Internet companies, or even use the price-earnings ratio algorithm of the primary and secondary markets, based on the sales data of Bolang Terminal last year, the revenue of a single year or as high as 2500 billion, doubling the valuation is already The algorithm of depressing and depressing again.

If the net profit for one year is calculated based on the average net profit of the past two months, and then compared with Apple's current price-earnings ratio of 1 to 10 times to obtain a valuation, the valuation of Bolang Terminal should be more than 11 billion.

In such an advantageous situation, Wen Liang also said that the financial pressure is too great, so there is not much to say.

…………

After the happy meeting ended, Mr. Chen took the lead to send Wen Liang and his party far away from the compound.

Wen Liang and his party returned to the IFC after going around for twenty minutes.

The city government compound is not close to Yuexiu.

There are often jokes on the Internet that when looking at Yangcheng, don’t look at the small waist of the east tower and west tower of Zhujiang New City, but look at Yuexiu Dongfeng, because there are courtyards in Guangdong and Yangcheng.

Of course, this joke is not accurate.

If you really want to see it, you should look at Hequn Sanma Road opposite Xinhepu, Dongshan Lake.

Otherwise, why would Wen Liang buy a property there.

At that time, I thought that we could still be neighbors with the sea, and neighbors separated by a small river were also considered neighbors~
It's a pity that the house was bought, but the quality is really not good.

The sea was also transferred, and of course the neighbors couldn't do it.

Back to Bolang.

Wen Liang called Li Ze over, together with Chen Jiaxin, the three drank tea in the general manager's office.

Chen Jiaxin first raised his doubts: "The adjective you used at the meeting was quite 'exaggerated'. Do you want to raise a lot of funds this time, or do you not want to release many shares?"

"This financing is to increase capital and expand shares. As long as a reasonable proportion is controlled, it doesn't matter if the shares are released. Anyway, it is a local investment, and the shares will eventually be withdrawn gradually."

Li Ze didn't attend the meeting, just listened, and didn't rush to speak

Wen Liang took a sip of tea: "It's both ways. Actually, I have the same meaning as Yangcheng. I don't want to push the valuation of Bolang Terminal too high, which is not conducive to the solid foundation of Bolang Terminal, and it is also not conducive to Follow-up friendly development."

"However, this time the Yangcheng side took the initiative to let go, and there is no reason not to eat because of the benefits of the mouth, so there must be a proper gesture."

"With regard to the funding gap in the upstream basic research of semiconductors, I want to solve it at once this time. This is on the one hand, and on the other hand, a small attempt must be made."

"Originally, this attempt was placed on Jiang Xia, after all, there is more confidence there, if it doesn't work, let Lao Li hold his head~"

"There is such a good opportunity now, don't let it go to waste."

Chen Jiaxin understood at once.

Li Ze also understood: "That's why I have to have a round of interviews first, to reveal our thoughts and intentions, and leave a certain amount of room for maneuver. If it really doesn't work, you can come forward and make some maneuvers."

"Yes." Wen Liang nodded lightly, "The meaning of the meeting is to hope that Bolang Terminal will now be controlled at a market valuation of 5000 billion. I have no problem with this. What I want is to expand 15 billion shares this time."

Li Ze responded, "Understood."

At present, the share ratio of Bolang Terminal is 40% of Yangcheng Chengtou, 6.67% of Huagong Asset Management, and 53.33% of Bolang Group.

In terms of initial financing, it has been clarified that Huagong Asset Management will not follow the investment. It will start to reduce its holdings in December this year and return to zero in December 12.

This is a standard financing process, and it is easy to calculate the pre-investment valuation, post-investment valuation and new shareholding ratio.

After the capital increase and share expansion, the shareholding ratio of Huagong Asset Management will decrease proportionally. Similarly, the shareholding ratio of Bolang Group will also decrease. If the investment is still made through Yangcheng Chengtou, the major shareholder will change hands.

It doesn't matter whether the major shareholder changes hands or not, but Wen Liang believes that Yangcheng Chengtou should not be able to take over, and the number of shareholders must increase.

…………

At around three o'clock in the afternoon, Su He'an, the Municipal Development and Reform Commission, and the relevant personnel of the Municipal State-owned Assets led a team to Bolang with the chairman of several municipal companies.

Wen Liang greeted him.

Then he left with an excuse and handed over the scene to Li Ze and Chen Jiaxin.

Whether it was Su, An, or others, they had no objection to Wen Liang's departure, and they were even a little relaxed.

The main reason is that they can be regarded as some high-end sources of information, and they know what kind of big shots Wen Liangwen always talks and laughs with in the capital.

And in the compound in the morning, I also saw Mr. Wen's simple and unadorned aura, which made Mr. Chen keep making promises, while he was calm.

In addition, Chen Jiaxin herself is now the master who often talks and laughs with relevant celebrities, and basically connects with the provincial level.

Although Li Ze is in the house, everyone is aware of President Ze's favor.

Besides, there are not a lot of people from Yangcheng.

No matter what, it also belongs to the category of etiquette.

After the unavoidable pleasantries, Li Ze took the initiative to bring up the business: "To tell the truth to the bosses, the current financial pressure on the Bolang terminal is indeed not small."

"We also don't have a market plan to refer to. We can only make some conclusions based on some visible data. At present, we believe that the market valuation of Bolang Terminal should be 5000 billion."

This was recognized by Su and An.

Already mentioned this morning.

There is nothing to say, and there is no need to contradict yourself.

Later, Li Zeshan used Brother Xun's reconciliation method: "According to the current severe development situation, we hope to expand the shareholding by 30 billion shares and raise 1500 billion yuan."

Su He'an: "..."

He was stunned.

He even stared straight at Li Ze, wanting to ask directly, do you understand the concept of 1500 billion?
However, Li Ze also added an explanation at this time: "Actually, the amount of funds is not a lot. It is probably the current revenue of our Bolang terminal for two months."
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Happy Dragon Boat Festival, readers~
(End of this chapter)