Rebirth started in 2004

Chapter 365
What is the valuation of Xiaoju Technology at this time?
Already as high as 40 billion dollars!

If Xiaoju Technology merges with Penguin as a whole, it will directly create a high-tech enterprise with a market value of [-] billion US dollars.

Internet companies are recognized high-tech companies.

In the next ten years, it seems that Internet companies and high-tech companies will be abolished, and Chen Wei doesn't know if it will be successful.

Cancellations also have reasons for cancellations, because the Internet has become too ubiquitous.

After something is too popular, after it is made into a cabbage price, it will not appear so lofty.

Moreover, the title given to high-tech enterprises was originally intended to support development.

The entire industry has already reached its peak, and there is no need to continue to support it.

It is better to support other industries.

After the merger, it may not only have a market value of [-] billion U.S. dollars, but I really don’t know where the specific market value will be.

The market value was that of the penguins at that time, which is really too imaginative.

There is room for imagination, that is, it can support the rise of the company's stock price all the way.

Regarding the merger, Chen Wei easily convinced brother Ma.

Because Chen Wei is not interested in the management rights of the new Penguin after the merger in the future.

Chen Wei is not someone who binds himself to the management of the company.

Since Chen Wei went to college, he felt a lot more relaxed.

I can't find the kind of enthusiasm for studying at night in order to study in junior high school and high school.

In this regard, Chen Wei also made a small analysis of his mentality in the dead of night.

Perhaps as a reborn person, it is difficult to achieve like other successful people who sleep three or four hours a day and work more than ten hours a day for decades.

Chen Wei felt that he had studied hard in junior high school and high school, and he could be regarded as taking lectures seriously in college, which was considered good enough.

Like other people, when they were in college, they had already let themselves go, and they didn't listen to the class.

Chen Wei also had no choice. His education was too low in his previous life, so he just got a junior high school diploma.

Chen Wei does know a lot of information about the future, but it won't work if he doesn't study it.

There is no stock in the stomach, even if you know the future information, you can't use it.

When chatting with Brother Xiao Ma, Chen Wei naturally exchanged with him about the future development of penguins.

"Before Penguin, we always wanted to create a closed-loop Internet ecosystem internally. Penguin can provide all Internet services by itself. The idea sounds good, but I personally think it is not realistic."

"It's like a pond. There are water, aquatic plants, fish, shrimps, and various water worms in the pond. In this pond, a complete ecological chain is formed, which seems to be very good."

"However, if there is no running water in this pond, the water in the pond will soon deteriorate. The seemingly beautiful ecological chain will collapse immediately."

"We can create an Internet ecosystem, but we don't want to create an internal closed-loop ecosystem. We want to create an open Internet ecosystem and allow other companies to join in this ecosystem. If this company fails, then replace it with another company. Just like running water, it can keep this ecology going.”

Brother Xiao Ma has also been thinking about the issue of Penguin's opening up recently. The internal closure of this road is indeed quite a problem.

Penguin really has no way to say that it will be at the forefront of business in all fields of the Internet.

Then find a partner!

Penguin is really not short of money, and the income of penguin is quite good every year.

The communication between Chen Wei and Brother Xiao Ma was quite pleasant. The two have many differences in management methods.

For Chen Wei, he learned a lot from listening to Brother Ma.

Because there are a lot of things that Brother Xiao Ma can't say at all outside, but when he talks to Chen Wei, he doesn't feel any burden.

As a public figure, you can't speak indiscriminately.

After convincing Xiao Ma about the merger, it is more than half successful.

As for the other shareholders of Penguin?

and there are no problems.

The reason is very simple, the merger is a good thing, although everyone's shareholding ratio in New Penguin has been reduced, the stocks that can be held will become more valuable.

It did not harm the interests of shareholders, but made all shareholders make money.

Then fools just don't do it.

After all, these shareholders invest in Penguin to make money, not for the control of Penguin.

Does it matter who controls the penguins?

Over the years, Penguin has been under the management of Xiao Ma.

Such a large merger, after all parties have negotiated, proceeded quite quickly.

Xiaoju Technology and Penguin merged, and Penguin suddenly gained a lot of major shareholders.

For example, Hengtong Investment, Hengtong Investment holds a 9% stake in Penguin.

Hengtong Group became the largest shareholder of Penguin, holding 37%.

In this way, Penguin is no longer a foreign-controlled Internet company.

The matter of domestic Internet companies being controlled by foreign capital has always been a knot in the hearts of many people.

Very upset!

At the beginning, people were upset when they heard that WeChat was going to merge with Penguin.

After all, the 3Q war is still vivid in the minds of the majority of netizens!

But when Penguin completed the merger and Huazi became the major shareholder of Penguin, everything ushered in a reversal.

This reversal also has the role of propaganda and guidance in it.

In fact, people are more concerned about another thing now, how rich Chen Wei is!
In the autumn, both Forbes and Hurun released a rich list, but it is obvious that there is a big difference between Chen Wei's wealth on the rich list and Chen Wei's actual wealth now.

Chen Wei holds shares in two companies: Hengtong Group and Hengtong Technology.

Not to mention Hengtong Technology, it is not yet a listed company.

Those rich list now do not count the shares of non-listed companies as the wealth statistics of the rich.

The reason given is that non-listed companies are not easy to calculate.

Therefore, Chen Wei's ranking on the rich list is not so ideal.

After all, Hengtong Real Estate was the only company under Hengtong Group before.

Everyone knows that Chen Wei has a lot of money, but the rich list doesn't recognize it, which is quite annoying.

But now, Hengtong Group holds shares in Penguin, and Penguin's current market value has reached 12000 trillion!
The market value became the first in the Hong Kong Stock Exchange.

With the combination of Penguin and Hengtong Real Estate, Chen Wei's net worth directly exceeds US$30 billion!

This is still publicly available. If Hengtong Technology goes public, will its market value be skyrocketing?

As for Hengtong Investment?
In the capital circle, Hengtong Investment is naturally very powerful, but for ordinary people, they really don't care about Hengtong Investment.

The main reason is that Hengtong Investment is too far away from everyone's life. No matter how powerful it is, it makes people feel that they don't care about their own affairs.

(End of this chapter)