Reborn, you call this an honest person?

Chapter 103 Joining Two Conditions (Seeking Subscription)

Wang Heng's words moved Sun Yutong's heart, but thinking of Jack Ma's frequent involvement in Taobao's affairs, there were disputes,
Sun Yutong thought for a while and said, "As long as Mr. Wang agrees to two conditions, I can join Pinxixi."

"Please tell me." Wang Heng is thirsty for talent now, as long as the request is not too excessive, he can agree.

"First, when I am managing Pinxixi, you cannot change my business plan at will."

"Yes, but your plan must be approved by the management, and the Pinxixi sign-in system and coupon system cannot be changed."

"I will maintain and carry forward the coupon system of the sign-in system. The management voted for it, and I agree."

Sun Yutong understands that the sign-in system and the coupon system are the two magic weapons for Pinxixi to suppress Taobao traffic.

In fact, Taobao is also researching Taobao's coupon system and check-in system. Of course, he will not abandon his martial arts.

As for voting, he is fine. Sun Yutong's eloquence is actually no worse than that of Jack Ma.

"Then what is your second condition?" Seeing that a general was about to surrender, Wang Heng was very happy, and quickly asked the second condition.

"I want to invest in Xixi." Sun Yutong didn't want the kind of employee equity that would be taken back once he resigned. He was heartbroken by Ahri's behavior, so this time he wanted real equity.

"Okay, I'll give you as much as you want."

"200 million US dollars." Sun Yutong kept 100 million US dollars for himself, and the remaining 200 million were all bets on Xixi, which would either succeed or fail.

Wang Heng's Hengda Group owns 6 million shares in Pinxixi, and Sun Yutong's US$200 million is only 460 million shares, which is less than one percent.

Of course, Wang Heng doesn't care. His original plan was to release half of the shares, that is, 3 million shares, and collect about 18 billion funds.
Then he will use this money to buy Tencent shares. He believes that Tencent, which has the ability to make money from games, can basically survive the financial crisis safely.

So when the financial crisis hit, he backhandedly pledged Tencent's shares, and used the money to increase capital to fight Xixi.
Wang Heng's operation is to sell all the shareholders of Pinxixi, and to say thank you to him!
Because no one would think that there is a financial crisis. During the financial crisis, he stepped forward, is he considered the savior alone?So who would blame him!
After Wang Heng and Sun Yutong communicated on the phone, Sun Yutong returned to Hangzhou that day to go to Pin Xixi to discuss the specific treatment in detail.

Wang Heng's treatment for Sun Yutong is an annual salary of 80 yuan and a part of equity incentives. It is very ordinary treatment, not comparable to Taobao.

Although Sun Yutong's salary in Taobao is not high, he has 3% of the equity, which is his equity reward for building Taobao from scratch.

And Pinxixi has now gone through a round of financing, and is almost a well-established company. Naturally, it does not have such a high equity incentive.
In fact, the only way for the management to get a high equity incentive is to be a co-founder during the startup period.
Sun Yutong's wife Feng Lei, like him, was sent by Jack Ma to do Alipay, so she has a worth of 225 billion yuan.

If Sun Yutong hadn't been kicked out of Ahri, his worth would not be lower than his wife's. He should be the second richest among Ahli's eighteen arhats, second only to Jack Ma, and his worth of tens of billions should be no problem.

Now Sun Yutong has invested in Wang Heng's Pinxixi. If Pinxixi can achieve the highest market value of Pinduoduo, it will only be less than 50 billion, far inferior to his wife.

Of course, Sun Yutong, as the president of Pinxixi, will not lose much equity in his position. Generally speaking, as long as he makes Pinxixi go public, his worth will not be less than 100 billion.

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On July 7, Pinxixi, which was bombarded by advertisements, had more than 29 million active users, more than double that of Taobao.
At the Red Rose Kunming Flower Auction that day, the price of the auction has reached more than 80 yuan per bundle, which has increased by more than 40 times compared with one or two yuan a few days ago.

Even if the Kunming International Auction House imported a large number of flowers from abroad, it did not stop the rise of flowers.
In an unprepared period of time, the demand suddenly increased by 50 times, and this thing cannot be produced by working overtime, it depends on natural growth,
So even if it is not enough to supply flowers from all over the world to China, the price will naturally not be suppressed.

In Dounan and Lingnan, six or seven large wholesale banks were seized and froze all their personal assets because they failed to produce goods and breached the contract.
Of course, this is all done by the authorities. If the Flower Auction House wants to grow, these large wholesale houses must basically be cleaned up.

Wholesale store bosses who scolded Wang Heng for being a fool turned paupers overnight, and the forces that had dominated the Dounan Flower Market for more than 10 years fell apart in less than a week.

At the same time, flower wholesalers from hundreds of cities across the country flew directly to Kunming to participate in the first flower auction in the true sense of the past six years.
The Flower Auction Company has already made preparations, offering one-stop services for auction, transaction, and delivery, and the city has also prepared a green channel.

Basically, the flowers photographed on the same day can reach all parts of the country the next day.

The Taobao store of Zheshang Flower Shop has not been put on the shelves since the day it was taken off the shelves.
The bouquet of 9 roses on Pinxixi has already risen to 158 yuan per bouquet, but the actual price is only about 100 yuan.
Wang Heng earned 3 million from future flowers, of which 100 million was subsidized for flowers. Even if a bouquet of flowers is subsidized by [-], he can still subsidize [-] million bouquets of flowers.

Therefore, Wang Heng's newly established floral art department soon entered a busy season, and Meituan also became active, for which Quan Fulin also breathed a sigh of relief.

Meituan is Wang Heng's least thoughtful company, and Quan Fulin has been working hard.

It is equivalent to Sun Yutong doing Taobao. He also hopes that one day he will become famous because of Meituan.

Sun Yutong joined Pinxixi, and Wang Heng held a grand welcome reception for him at the hotel. All the department heads of Pinxixi attended the meeting that day.
And the local media in Hangzhou also attended the party.

As Ahri's No. 2 character, Sun Yutong's eloquence is not much worse than Jack Ma's. The industry once commented that his eloquence and Jack Ma's eloquence are both big fools.
This is also the reason why Sun Yutong and Jack Ma can't get along. Jack Ma only needs his voice in Ali, and Jack Ma is enough for him to "retreat". Isn't it good for others to be honest and "pragmatic"?

It is not good for Sun Yutong to be "retreat" and "pragmatic".
Looking at the high-spirited Sun Yutong on the stage, Xiao Yan frowned a little. She followed Wang Heng to start a business, and only Wang Heng could control her all the time.

But Wang Heng never cared about her, it was like she didn't have an immediate boss in the company, so she would be parachuted with an immediate boss, and naturally felt a little uncomfortable.
Wang Heng looked at Xiao Yan, who was not in a good mood, and coaxed by her ear,

"Sun Yutong is a person with real ability. He came to the company as the president. We can learn from him things that the school can't teach us. We are still too immature. After you succeed in your studies and jump out of the framework of the marketing department, don't Talk about President Pin Xixi, I can also let you sit as the President of Hengda Group, your task now is to help me keep an eye on him and learn management experience from him."

(End of this chapter)