Sprinkle coins every day

Chapter 143 Funds are urgent, refinancing!
"Here is the list of Du Ruiwen's team and the details of the placement fee. Take a look."

Jiang Yue handed over a document.

Zhang Shuo just glanced at it casually. Most of the researcher's placement fee was 1 million, a few backbones were 5 to 10 million, and Du Ruiwen was the only one who was awarded [-] million.

A total of seven thousand five million is expected to be spent.

Including the cost of acquiring Raven Studio, the total expenditure is 2.5 million+.

If you count the 1.5 billion construction expenses of the data center project, in order to enter the field of cloud computing and get an admission ticket, a huge amount of nearly 1.8 billion will be spent at the beginning of the bud.

With such courage, it is really difficult for major domestic Internet companies to match.

"All approved."

Without hesitation, Zhang Shuo signed and confirmed on the spot, and at the same time told Jiang Yue: "The holding company allocated a start-up fund of [-] million to Qingyun Data. In addition to paying the resettlement fee, the rest will be used as the company's operating funds."

After deducting the 5 million resettlement fee, only 5 million is left for operating funds.

Looks like very little.

When Liu Xiaohui went to Beijing to prepare for the establishment of Fire Phoenix Studio, he received 10 million start-up funds.

But that's not how it works.

One is that before the completion of the data center project, Qingyun Data will focus on research and development, and will work in its own property in the Germination Building, and the main expenses will be salary expenses.

After the two Qingyun data are activated, they can sign a server lease contract with Qinghe Technology and Jade Bird Interactive Entertainment next month and get an advance payment.

When the data center project is completed, it can basically be responsible for its own profits and losses.

The key is.

Germination Holdings didn't have much money left in its account.

【Host】: Zhang Shuo
[Reputation]: Level 2 (8750/10000)

[Level]: Level 8 (30.5 million/150 million)
--slightly--

【Support Fund】: 500 million/day

[Cash]: 3.2 billion

[Loan]: 26 billion

[Holding companies]: Germination Holdings (100% holding) [under the jurisdiction of Jade Bird Interactive Entertainment, Green Orange Retail, Green Orange Technology, Qinghe Technology, Germination Real Estate, Sunlight Holdings and Qingyun Data, etc. Seven 100% holding first-level subsidiaries]

[Participating companies]: Wujiang Technology (accounting for 35% of the shares), Artemisia Map (accounting for 10.5% of the shares), Walli Intelligent Manufacturing (accounting for 35% of the shares)

Over a month has passed.

Sprout Holdings invested 4.5 million in Artemisia Maps, 0.4 million in Walli Smart Manufacturing, 3 million in Sunshine Holdings, and 3 million in Chunmiao Fund.

There is also a progress payment of 0.5 million yuan for the Germination Building every month, as well as daily expenses such as the annual meeting.

11 billion+ funds were burned in one month.

In addition to the 1.5 million monthly support fund, the source of income is the profit that Jade Bird Interactive Entertainment turned over to the holding company in January, which reached a record 1.8 million.

of course.

This is also due to the continued boom in the mobile game market during the Spring Festival.

A monthly income of 1.8 million seems a lot, but compared with the gaming giant Tenda, it seems a bit insignificant.

According to publicly disclosed information, in the fourth quarter of 2010 alone, Tenda’s online game revenue was as high as 27.86 billion, and the average monthly game revenue was close to 9.3 million.

It's terrifying.

This year, when the new games of the five major studios are launched one after another, the gap with Tenda should be narrowed.

Game revenue will still be one of the most important sources of cash flow for Germination.

After wantonly "spending", only 3.2 million funds were left in Germination's account.

For this, another 1 million will be allocated to Qingyun's data use.

The liquidity is only 2.2 million.

"It's time to take stock of the projected expenses for this year."

Zhang Shuo took a piece of A4 white paper and began to write and calculate on it.

Among the seven first-tier subsidiaries, Qingyun Data has just planned to allocate 1 million yuan. Unless it needs to build other data centers, it does not need to allocate funds in a short time.

Green Orange Retail took a huge sum of 10 billion yuan a year ago, and there is no need to allocate any more funds.

Jade Bird Interactive Entertainment is still profitable.

Qinghe Technology took away 3 million funds a year ago, because the 3 million marketing expenses for the Spring Festival were allocated from the Chunmiao Fund, so at least for the first half of the year, there should be no need to allocate any more funds.

Sprout Real Estate took away 5 million funds a few years ago. In addition to completing the data center project this year, it will also start the Houhai headquarters building project. It is estimated that at least 10 billion construction funds will be prepared for the whole year.

It is the largest anticipated expense.

Sunshine Holdings received a capital injection of 3 million yuan a year ago, of which 1.8 million yuan has been used to acquire Ruiwen Studio, and the remaining 1.2 million yuan is used for daily operations and the purchase of Haode Map shares in the stock market.

To reach the critical value of 5%, at least 2 million must be invested.

If Germination does not have any new overseas acquisition projects this year, it would be about the same for Sunshine Holdings to prepare another 1-2 million funds, provided that the marketing expenses of Weixin International Edition are excluded.

That would be a bottomless pit again.

Finally, Qingcheng Technology, which was just separated from Qingcheng Retail a few years ago, wants to become a fisherman this year and acquire 2-3 group buying websites, so it needs to prepare at least 3 million yuan.

If Qingcheng Technology wants to launch food delivery services in other cities, the expenditure will have to go up to a higher level.

"15 billion!"

This is a conservative expenditure calculated by Zhang Shuo.

That's all, without taking into account the 0.5 million monthly progress payment that Germination Building must pay, which is a huge expenditure of 5.5 million if added up for the whole year.

In addition, there are 26 billion interest payments on bank loans, as well as the expected charity funds from the Spring Sprouts Fund.

If all of them are counted, the estimated expenditure for the whole year will exceed 25 billion.

As can be seen.

Fixed asset expenditures still account for the bulk of Germina's expenditures, including the construction funds for new projects and the progress of Germina Building, the sum of which exceeds 1.5 billion.

In terms of expected income, the monthly support fund of 1.5 million, together with the game income from Jade Bird Interactive Entertainment, will bring the total monthly income to more than 3 million.

Even if the income and expenditure are balanced, it can still be supported, and there may even be a surplus.

The premise is.

In 2011, Germination will stop its expansion.

This is of course impossible.

Leaving aside, the poison pill plan that Zhang Shuo is formulating requires at least 10 billion to 15 billion funds.

These are still conservative estimates.

Then there is Zhang Shuo's ambition to enter the manufacturing industry. It is impossible to stop at investing in Wujiang Technology + Wall-E Smart Manufacturing. He will also enter the field of mobile phones and electric vehicles in due course.

Especially electric cars.

Thinking of those self-satisfied domestic brands in the original time and space, there is no one who can beat Teshila.

It's a bit embarrassing to be true.

And these two fields, no matter which one it is, are super expensive.

Still the same.

Even if Zhang Shuo wants to burn money, if there is no Niubi team, he can't burn it.

He himself knew nothing about manufacturing.

Whether Germinal can enter these two industries, in the end, it still needs a little opportunity.

In this way, the money is not enough.

"This year, can you find a way to borrow some more money? It's not enough to spend."

Zhang Shuo raised his head and looked at Jiang Yue with burning eyes.

"Uh!"

Jiang Yue couldn't help but put his hands on his forehead. Just now, he saw Zhang Shuo writing and calculating, and thought he was doing some calculations, but after doing the calculations, he came to the conclusion that he should continue to borrow money.

Rationally speaking.

The profit level of the budding system is already very prominent, but Zhang Shuo can't stand it.

Not enough money to spend is inevitable.

"I'll discuss it with the finance department first, and formulate an annual financing plan as soon as possible." Although he was helpless, Jiang Yue couldn't refuse Zhang Shuo's request.

Financing for enterprises is an important responsibility of her.

Originally, this should be left to the chief financial officer, or even the chief financial officer (CFO), but it is a pity that Germination Holdings has only set up one post of financial manager.

Even at Han Mei's level, she couldn't do such a difficult job.

The chief financial officer of a company is one of the core executives.

Another very important reason why Jiang Yue agreed to the financing is that Germination's current asset-liability ratio is not high, and most of its liabilities are bank mortgage loans, and it has sufficient liquidity.

It has excellent conditions for continuing financing.

Financing is also a routine operation for companies, not to mention start-ups like Mengya, even giants like Tengda that have achieved profitability long ago, with an asset-liability ratio as high as 2010% in 39.

No business is without a little debt.

In addition to bank loans, Sprout can also raise funds by issuing corporate bonds, and even use the platform of Sunshine Holdings to raise funds overseas.

Financing methods can be varied and combined, not limited to banks.

"Then I'll wait for your good news."

Zhang Shuo is the least afraid of financing if he has a system to cover the bottom line.

If there is any bank or investment institution that is willing to lend 150 billion two-year loans to Germina in one go, he will swallow it without hesitation.

Isn't it delicious to directly upgrade to level 9?

Of course this is impossible, no institution would be so crazy.

"Right, one more thing."

Jiang Yue picked up the tote bag at his feet, which was the kind customized for the company's annual meeting last year. It contained a stack of red envelopes, "There are still many people on duty in the company. Would you like to go to express condolences in person?"

This time, it was not the red envelopes for the new year, but overtime condolences, five hundred red envelopes each.

Although not too much, it is somewhat a comfort to overtime employees.

Overtime pay during the Spring Festival is calculated separately.

"Okay, just go to various departments."

Zhang Shuo got up and stretched himself, and went back home during the Chinese New Year. Although he said that he was not idle at home, when he first arrived at the company, he still didn't immediately return to the state of being a worker.

During the Spring Festival, there are quite a few departments in the Germination Department who are on duty.

As for the holding company, Jiang Yue didn't talk about it, she was just a model worker. Human resources director Wu Sheyuan and investment manager Luo Changan also just returned from the beautiful country two days ago.

Zhang Shuo specially approved that the two can come to work after the tenth day of the new year, so that they can spend time with their families.

Subsidiary level.

Du Ruiwen and his team have already entered the Germination Building, starting the overtime mode in advance.

Qingcheng Technology's takeaway department also retained some people to maintain the takeaway service during the Spring Festival holiday. I heard that they are very popular with the overtime workers in Lubei.

Severely brushed a wave of word of mouth.

Not to mention the technology and operation departments of Qinghe Technology.

Similarly, the Jade Bird Interactive Entertainment Operations Department and Jade Bird Studio must not only maintain the Spring Festival activities in the game, but also maintain the stability of the server during the Spring Festival.

It won't work if no one stays behind.

Sprout Real Estate is headed by Zhu Zhenghong, the deputy general manager, and several people stay in the project department to prevent fire or theft on the construction site during the holidays.

There are also green orange retail clerks, one-third of them stay at their posts.

It's not easy being a worker.

Under the leadership of Jiang Yue, Zhang Shuo visited the headquarters and all the subsidiaries, even the second-tier subsidiaries, to give condolences, and one day passed like this.

Of course, Xiangjiang has no conditions yet.

Zhang Shuo also asked Sun Qian, who stayed behind, to express condolences on his behalf through a video conference.

unconsciously.

The Germination Department has already spread its branches and leaves, laying down a large territory.

(End of this chapter)