my fintech empire.

Chapter 465 [Children only choose, adults need all]

Saturday, January 3.

A news released by Kunpeng Technology on its official Weibo account caused quite a stir in the investment circle. The Weibo disclosed that the company has completed the A round of financing. The scale of this financing is 21 billion yuan, or about 3.19 million US dollars .

As soon as the news came out, the technology media rushed to cite reports, the VC community looked sideways, and the peers and businessmen in the field of drones were shocked.

A round of financing of US$3.19, which has refreshed the largest single investment scale in the industry globally.

Almost all those who followed the news were discussing which VC institution it was, because Kunpeng Technology’s Weibo only disclosed the company’s A-round financing, but did not disclose the specific investor or how much it sold. equity.

Someone thought of Qunxing Capital, which is "stupid people with a lot of money". If this investment giant who is not short of money has taken a fancy to it, then this is quite normal.

But in the afternoon, the answer came out.

Chu Changxing, the founder and CEO of Kunpeng Technology, posted a message on his personal Weibo account:
[I met God K on Tuesday, and the round A round of financing went well. God K valued Kunpeng Technology at 105 billion. To be honest, I didn’t expect Kunpeng Technology to be so valuable in the eyes of God K. Looking back at the past ten In March, God K is undoubtedly a veritable Bole of the Kunpeng technology team. If there were no 1000 million Kunpeng technology from God K, we couldn’t survive. What the founders were thinking at the time was to prepare to apply for work in DJI. 】

Chu Changxing's Weibo doesn't get a lot of attention, with less than 50 followers, more than half of which are attracted by God K, and the other followers are fans of many aerial photography circles.

If things go on like this, Kunpeng Technology will sooner or later expand its borders to the territory of DJI, and it will be inevitable to face competition at that time.

In the eyes of many outsiders, the financing of Kunpeng Technology is the handiwork of K3478, but there are gaps in the information. Institutions such as Pengrui Capital are obviously closer to the truth, but they regard the blogger K3478 as Qunxing Capital. It is viewed as an operating account.

And if the company's value growth in the future does not absorb the 20 times the price-earnings ratio, then Qunxing Capital will have to come out to catch the bottom line. Because of this, institutions such as Zhongtai Capital dare to take the lead without any worries. Anyway, Qunxing Capital will reveal all the details.

The question facing DJI now is, Kunpeng Technology’s strategy of sacrificing profits to seize market share, what is DJI following?Still not following?

As long as it starts to burn money, it will definitely need the support of capital. DJI's current profits can't withstand the offensive of Kunpeng Technology. They have raised an astronomical figure of 21 billion in a wave of financing.

In the field of commercial drones, Kunpeng Technology is on the left and DJI Technology is on the right.

If you don't follow, you will be eaten away by the other party sooner or later. If you want to follow, DJI will have to introduce capital.

If there is no accident, the future structure of the commercial drone market is likely to be that the boss and the second child are fighting wildly, and then the third, fourth, fifth, and sixth will disappear in this market inexplicably. If it is gone, it will be classified as a dispensable "other" item at a better point.

The pressure has indeed come to DJI. With such huge financial support, Kunpeng Technology can maintain losses for a long time without making profits and continue to expand. Now it is an incremental market, and DJI’s performance has not been impacted by the rise of Kunpeng Technology.

He is also the owner of a lot of stupid money!
I didn't expect that 21 billion would only require 20% of the equity. This made people in the investment circle a little confused, and some netizens who eat melons are also happy to hear it. There are also many comments on Chu Changxing's Weibo, and there are also many hot comments. .

However, today is different. Kunpeng Technology was born out of nowhere. As long as DJI’s management team is determined to forge ahead, they will definitely accept this big move from Kunpeng Technology. Follow the fight to burn money.

But does it matter?
As long as it goes public, Qunxing Capital is behind it, so you can rest assured to carry the sedan chair. In the eyes of Liu Qizheng and Xiao Quan, even if it is a garbage shell company, as long as Qunxing Capital is willing to promise to support it, they will dare to support it ten times or even higher.

This is the effect that Fang Hong wants, children only choose, adults want all of them.

However, when he posted this Weibo, it really shocked the people in the venture capital circle.

Fang Hong is now just waiting, waiting for when DJI’s cash flow can no longer be supported, and when it has to introduce capital, then Qunxing Capital can enter the market smoothly.

It is worth mentioning that the company Kunpeng Technology has been "remarked" by Zhongtai Capital, Pengrui Capital and other cooperative institutions of Qunxing Capital.

Most of this company is also going to be listed on A-shares, so Zhongtai Capital and other cooperative institutions have silently marked the company with a "remark". Besides, they are not sure whether this company can get up.

[@K3478, God K, why are you so lucky...(laughing and crying.jpg)]
[As expected of God Kai! ]
[Laughing, if Dajiang sees this Weibo, he will hate God K to death. Xiao Chu is not authentic, and backhanded the father of the gold master. ]
[DJI was very angry (manually funny), if God K hadn’t given 1000 million life extensions, this team would have come to join him, Kunpeng’s first generation product might be DJI, and it turned out to be a strong opponent. ]
[When I saw the news from Guan Bojun in the morning, I thought the investor was Qunxing Capital, but it turned out to be God K? ]
[I think, in terms of Kai, God K and Qunxing Capital are really on the same path. ]
[I used to think that God K would overturn when playing venture capital in the primary market, but I didn’t expect that he actually made a bet. Kunpeng Technology definitely has a head, but then again, God K, you can’t stop being so successful, I can’t stand it anymore All...(cover face.jpg)]
[Friends and businessmen were dumbfounded, thinking that the capital chain of Kunpeng Technology was about to collapse, but at the critical moment, God K took another sip, and a super-large one. ]
[The point is, with God K’s posture, if he spends the 21 billion yuan, he will spend more than 20 billion yuan after he buys it. After all, he has already spent so much money in it. If he doesn’t care about it, he can’t spend all of the previous investment. Float. ]
[The pressure is on DJI. ]
……

Here we have to talk about the content of the cooperation between the two parties. Cooperative institutions such as Pengrui Capital and Zhongtai Capital are responsible for market makers for the listed companies whose core assets of Qunxing are in A shares.

Unexpectedly, it was not Qunxing Capital, but K3478, a big boss. What shocked him was that K3478 actually valued Kunpeng Technology at nearly 16 billion US dollars. Many people in the investment circle speculated that this company’s financing this time may be acquired by investors. directly wholly-owned acquisition.

DJI was not interested in capital before. Qunxing Capital wanted to invest in DJI before, but was rejected by the head of the company. At that time, it did have the confidence and was not short of money, so there was no need for financing.

Or to put it more directly, they just invested money in Chu Changxing as Qunxing Capital.

But the problem is no longer the present, but the future, and it is foreseeable.

Just ask how to lose?Can't lose!
Maybe Dajiang Technology will lose, maybe Kunpeng Technology will lose, either of the two may win, but Fang Hong will always win.

For example, if they raise a sedan chair to raise a public listing of a group of galaxies to a price-earnings ratio of 60 times, the valuation bubble must have a price-earnings ratio of 20 times. If the company will digest and fill the valuation bubble of 20 times the price-earnings ratio through value growth in the future Yes, that is a happy situation for everyone, everyone has no loss, and everyone is happy when they have made money.

For Qunxing Capital, it did not spend a penny on market value management, but only verbally promised to allow other capital institutions to achieve their strategic goals. As long as those listed companies do not have problems, Qunxing Capital will not have to end up as a cover-up.

To play finance, first use other people's money to do your own business, and use your own money to cover the bottom line, for unnecessary use.

Of course, Qunxing Capital’s verbal promise is also very valuable. It is supported by the credit of this non-bank financial giant. A promise is really worth a thousand dollars, not an exaggeration at all.

……

(End of this chapter)