Hong Kong's new giants

Chapter 752 [Who is more helpful]

At the beginning of June, the news that LEIT Group intends to acquire the 'Fila' sports brand in the hands of Barings Bank 'leaked', and then LEIT Group's stock began to be suspended.

At the same time, LEIT Group also officially announced: LEIT Group intends to complete the acquisition of the world's third largest sports brand 'Fila' with 40 billion US dollars in stock and a small amount of cash.Relevant decisions will be officially made after the approval of the general meeting of shareholders.

As soon as the announcement came out, there was a lot of public opinion.

"The value of Fila in the millennium was only 5 million US dollars. Now it has doubled eight times, which is too fast!"

"You don't know that, Adidas just bought Reebok for 32 billion U.S. dollars; now Fila's market is 25% higher than Reebok, so it is naturally worth 40 billion U.S. dollars."

"This Fila is really in the hands of Mr. Lin Zuhui, turning decay into magic!"

"That's right, others are the gods of business."

Investors are very supportive of this merger and acquisition. After all, as explained by LEIT Group, after this merger, LEIT Group will form a world-class competitiveness in the sports brand series in one fell swoop. Fila and Xtep will have a lot of Nice synergy.

Everyone's only consideration is whether the price is too high, so everything needs to wait for the general meeting of shareholders to make a specific vote.

Since Fila is owned by Lin Zuhui, although he is the major shareholder of LEIT Group, he has no voting rights.

As for the result, it is not so certain.

However, Xiangjiang’s overall public opinion still thinks that Fila is worth 40 billion US dollars in absolute terms, not to mention that the acquisition is almost all stocks. The LEIT Group is equivalent to spending a small amount of money to expand the entire group.

Daily number.

Lin Zuhui is on vacation with his family, during which everyone is very concerned about the LEIT Group's merger with Fila.

Because Guan Jiahui, Qiu Shuzhen, Li Jiaxin, and Li Zi hold 3% of the LEIT Group's shares; Lin Zuhui himself holds 43% of the LEIT Group's shares.

He and his family hold a full 55% of the LEIT Group shares.

Guan Jiahui said with a 'loyal' expression: "On the day of the shareholders' meeting, I will definitely vote for it!"

"Me too!" The other three girls echoed.

Lin Zuhui smiled and said, "I'm not worried. If it doesn't go through, it will be a loss for the shareholders. I have great confidence in Fila."

Based on Fila's mainland business alone, it will be more than 40 billion US dollars in the future, and 400 billion US dollars will be almost the same.

As for the development of Fila in the mainland, Lin Zuhui is more confident, that is, he will firmly follow the high-end route, which is a little more expensive than Nike and Adidas.After all, Xtep already has a domestic brand, so to implement differentiated development, this difference has to be separated from Nike and Adidas.

Of course, Lin Zuhui also thinks Fila is more fashionable, especially the combination of red, blue and white LEGO, which can be called a classic; and the design of this LEGO is actually from Japan.

Guan Jiahui asked curiously: "In this way, how much has our share dilution become?"

Lin Zuhui couldn't help but snapped his fingers on her forehead, and said, "After a long time, you are worried that your shares will be diluted. It seems that your support is also insincere!" After finishing speaking, he looked at her playfully,
Guan Jiahui let out an 'ah', then covered her head, and said pitifully: "No, I can just ask!"

"Haha" Lin Zuhui smiled happily, because Guan Jiahui's expression was so cute, like a girl.

This made him very happy. Who would have thought that Guan Jiahui, who was 43 years old this year, would still be in this state.

Seeing Lin Zuhui so happy, Guan Jiahui was naturally also happy, holding Lin Zuhui's arm, that is, getting close.

Then, Lin Zuhui directly calculated: "Your shares have probably become about 1.76%, and I almost directly and indirectly control 62% (plus 2 million US dollars in cash). Do you understand?"

"Wow, that's amazing. It's easy to increase to 62%!" Guan Jiahui looked at Lin Zuhui with adoring eyes and said.

"What is easy? I have invested almost 6 million U.S. dollars in Fila, and it took five years of hard work to achieve what I am today."

A week later, the general meeting of shareholders formally passed the resolution of the LEIT Group to acquire 'Fila'.

After that, LEIT Group's stock benefited from this and continued to climb upwards, approaching a market value of [-] billion (after the merger).

in the conference room.

Lin Zuhui personally held a meeting with the top management of Fila and Xtep to plan the merger of the two brands.

"The success of South Korea's Fila, let me see the importance of localization. Fila's market in the Greater China region is very important, so it must be localized. Fila merged with Xtep, it is better to say that Xtep took Fila's Greater China Regional operation and management rights."

Thomas had been persuaded by Lin Zuhui in advance, so he said at this time: "Fila and Xtep can indeed have a synergistic effect in the Greater China region. Fila can drive Xtep's grades, and Xtep can drive Fila's channels."

Thinking of the success of Anta and Fila in his previous life, Lin Zuhui has firmly followed the development strategy of Fila in China.

Although the Fila brand is of the same grade as Nike and Adidas, the price of Fila is a little bit higher, and its style is more fashionable and younger, so Fila has developed very well in China; in the previous life, Anta had a market value of 5000 billion , has half of the credit for Fila.

Lin Zuhui said: "Okay, President Li, you have to implement this matter well. Fila is developing in the Greater China region. The initial price is almost the same as that of Nike and Adidas, and it will be slightly higher in the long run. Of course, the important thing is that we have to give everyone an impression. , we are more fashionable and younger.”

Li Zhenlong said excitedly: "Don't worry, the boss, I will definitely let the two brands have a synergistic effect and promote mutual development."

Then, Lin Zuhui said: "Fila's endorsement and investment in football are still far behind Nike and Adidas, but we have signed two future superstars, I believe there will be unexpected results. At the same time, you can continue Strengthen it."

Thomas and the others nodded in agreement.

In fact, the price of Fila signing Ronaldo and Messi is "heavy", because Fila does not have the reputation of Nike and Adidas, and more importantly, Nike and Adidas are looking for potential new stars during their youth training.

Messi has always been watched by Nike to grow up. As for why Nike did not sign, it is still Nike's mistake; Messi's parents made some requests, but Nike actually refused, so that Fila, who was originally rejected, took the opportunity to take it at a high price. Down.

Of course, this high price is only equivalent to the price of not becoming the core of the first team. Overall, it is still very cheap.

Lin Zuhui said: "So, we can also cultivate potential new stars from the youth training. Fila needs to form a strong team in this regard."

"no problem!"

At this time, Lin Zuhui has decided to secretly hand over the two post-90s lists of Neymar and Muller to Thomas.Once Fila establishes long-term investment and relationship with these future stars, they can sign contracts in the future.

Fila does not seek to surpass Adidas, but at least it cannot be too far away from Nike and Adidas.

Although it is currently the third, but the actual difference is very big.

Then, Thomas also said: "Fila in Greater China is handed over to President Li's team for development. In addition to providing design and other help at our headquarters, President Li's team also needs to develop Fila's design team in China. This team does not need much , but it must be an elite. Master the elements of fashion, trend, and youth, and be slightly different from Nike and Adidas!"

Li Zhenlong immediately nodded and said: "The president is very reasonable. The success of Fila in Korea is a good reference. Of course, the relationship and communication between Fila in Greater China and the headquarters will definitely be closer."

Almost all Korean Fila companies are located outside the Fila headquarters, and of course they actually rely on Fila's global layout.

In the conference room, everyone was discussing the detailed work of Fila's merger with Xtep.Of course, the merger of the two parties cannot be achieved overnight, it has to be done slowly.

New Era Group headquarters.

Several guests were welcomed on the 88th floor of the second phase of the International Finance Building. Three Chinese, Jack Ma, Cai Chongxin, and Yang Zhiyuan, visited the headquarters of New Era Group together.

The staff first entertained three people in the hall, and soon a young man walked towards them through the gate.

The elegance of China, the gentleman of the West, the calmness of middle-aged people, and the spirit of young people. It is hard to imagine that so many temperaments come together in one person, and the three of them thought of it at the same time.

The three of them thought in their hearts that it should be so, otherwise, how could they have become the world's richest man before the age of 30, and they have been the world's richest man for ten years.

Legend, whether it is the West or the East, likes to use "Legend" to describe Lin Zuhui.

"The three distinguished guests have been waiting for a long time!" Lin Zuhui preached like a spring breeze, and shook hands with the three of them one by one.

They are all old acquaintances, and they knew Yang Zhiyuan earlier.

Of course, Jingwei Capital cashed out at a high level back then, which also caused a bit of grievance between the two parties, but it was harmless.Afterwards, Yang Zhiyuan also understood that Lin Zuhui's vision was beyond his reach.

"Mr. Lin is very polite!"

After exchanging pleasantries with everyone, Lin Zuhui personally took the three of them to visit the headquarters of New Era Group.

And the three of them only had admiration in their eyes, and they didn't have the idea of ​​taking a peek because New Era Group was a traditional enterprise.

First of all, New Times Group is the top in many fields, such as shipping, real estate, and hotels, which are unique in the world.

Secondly, Lin Zuhui does not only have traditional businesses. He is a technology tycoon who is at least as good as Bill Gates. His main achievements include: Huiyanshizhu invested in Netscape, Yahoo, Google, Amazon, etc., and developed the world's first social software ICQ , and the founder of Xiaomi Technology, the world's first graphic online game.
In the end, Lin Zuhui is still a businessman in all fields, and created the culture of Hong Kong and Hong Kong
After the visit, everyone came to Lin Zuhui's office, including Lu Bingwen of Jingwei Capital.

The three of them came to meet Lin Zuhui this time because Yahoo wanted to invest in Taobao.

But this life is not that one.

First of all, Lin Zuhui is currently the major shareholder of Taobao (with a quarter of voting rights), and secondly, Taobao has developed better and is more competitive than in his previous life.

In particular, Taobao has developed a year ahead of his previous life, and with the addition of Aliyun business, it is impossible for Yang Zhiyuan to exchange 10% of the shares with 40 billion US dollars plus Huaxia Yahoo business.

As for why Jerry Yang only came to invest now, in fact, it has something to do with the development of Yahoo itself. Only when the internal development is not optimistic, will he come to seek new opportunities.

Cai Chongxin said: "Mr. Lin, this time Yahoo intends to use US$10 billion to add Yahoo's China business in exchange for a 40% stake in Ali."

Lin Zuhui heard the words and asked directly: "Do you think this price is suitable?"

Cai Chongxin immediately said: "Not suitable! Of course, this is only Mr. Yang's preliminary opinion. After our mutual communication and exchange, in the past two months, Mr. Yang's team thinks that 35% of the shares are enough!"

Lin Zuhui said with a smile: "Yahoo Huaxia is actually worthless. Whether it is Google, Yahoo, or Amazon, they will not adapt to Huaxia. Regardless of other factors, the rise of a country's own Internet software is bound to form a powerful Internet for foreign capital. Of course, I have communicated with President Lu about this. What I mean is that we need to maintain 30% of the shares, the founder team and Yahoo can each have 30%, and the remaining 10% will be held by Softbank. Others Shareholders out."

Yang Zhiyuan frowned, and then said: "Mr. Lin, Yahoo can be of great help to Taobao!"

Lin Zuhui looked at Jack Ma with a smile, meaning who could help more?

Jack Ma instantly understood that although he and Yang Zhiyuan met each other late, Jingwei Capital is definitely responsible for Taobao's success today.

Therefore, he quickly said: "This allocation is very reasonable, and Jingwei Capital has also greatly helped Ali."

Lu Bingwen added at this time: "Not only that, if Yahoo wants to invest in the same price, 10 billion US dollars plus Yahoo Huaxia."

Cai Chongxin originally wanted to favor Yang Zhiyuan, but looking at the situation, if Jingwei Capital is unwilling, it may not be able to change its 40% shareholding.

This financing is very complicated, not just financing, and not all of the US$10 billion will be given to Ali, most of the funds will be paid to withdraw some of the shares.

In other words, Jingwei Capital will also receive a sum of money, which can get back the initial investment and make a profit.

"Mr. Yang, since Mr. Lin has finalized it, we really need to reconsider it." Cai Chongxin said.

Jerry Yang changed his expression, and then said: "I accept this preliminary plan. To be honest, I have great confidence in Alibaba Cloud."

The few people soon stopped talking about business, but started chatting.

In late June, Sina first publicly proposed the complete concept of 'cloud computing', which is the first time in the history of cloud computing to formally propose this concept, which has great historical significance.

Soon the media all over the world began to pay attention to the remarks made by Sina.com, and as the background of Sina.com came out, it immediately attracted the audience of the entire Internet.

People began to discuss cloud computing one after another, and "cloud computing" has become one of the most interesting topics in the computer field, and it is also an important research direction for large enterprises and Internet construction.

Sina.com suddenly made it public this time because it has already mastered the complete concept of cloud computing and some key technologies, so it was officially made public.

The advantage of being public is that Sina.com will become the pioneer of 'cloud computing' and gain great popularity.

Sina.com has gained a lot of attention in the past few years. Its "Sina Video" has given out millions of dollars in bonuses around the world for two consecutive years, and has developed a "recommendation algorithm" calculation.

Now the complete concept of 'cloud computing' has been proposed, which immediately attracts countless eyes.

In fact, Lin Zuhui also knows that there are only three potentials for the development of Sina.com: Sina.com, Sina Video, and now cloud computing.

As for portals, outdoor advertising, publishing, etc., although they are developing very well, they will decline.

And Sina Webman and Sina Video can go overseas and develop globally.Among them, Sina Webman can rely on the development of Hong Kong's comics industry, and Sina Video can also rely on the development of "Hong Kong Stream".

(End of this chapter)