Perfection of Rebirth

Chapter 486 Acquisition of Jingxi Mall
After explaining the development strategy of Guanghui Film and Television to He Ling, Jiang Hui turned his attention to other companies.

"Mr. Jiang, recently there is an e-commerce company looking for investment everywhere. I met with their founder last week, and I think it's okay. Here is their company's information. Would you like to take a look first?" Guan Weidong and Shi Liang came to Jiang Hui's office together.

Guan Weidong is now the executive deputy general manager of Guanghui Investment, and Shi Liang is the deputy general manager.Usually Jiang Hui is not in the company, and Guan Weidong is usually in charge of the company's daily affairs.

Of course, when it comes to major investment projects, it is definitely necessary to report to Jiang Hui first.

"Jingxi Multimedia?" Jiang Hui was stunned when he saw the cover of the material. This was the predecessor of Jingxi Mall, and it was an e-commerce company second only to Alibaba in later generations.

This enterprise can be regarded as a long history among Tianchao Internet companies.

On June 1998, 6, Mr. Liu Qiangxi started a business in Zhongguancun and established Jingxi Company. In June 18, Jingxi became the most influential agent in the field of optical and magnetic products, and its sales volume and influence are second to none in the industry.

In January 2004, Jingxi opened up an experimental field for entrepreneurship in the field of e-commerce, and Jingxi Multimedia Network was officially launched with a new domain name.

In November 2005, the daily order processing volume of Jingxi Multimedia Network exceeded 11 steadily.

In the original history, Jingxi only started financing in 2007, and the first financing received 1000 million US dollars from today's capital.Although it has not announced how many shares Capital Today has obtained after the first financing, it can be speculated from the later situation that it is generally valued at 5000 million US dollars, and it has obtained about [-]% of the shares.

In this life, China's Internet development speed has reached the original level in 2008, and some fields have even reached the level after 2010.In this general environment, Jingxi Multimedia also launched its own financing plan early.

"Yes, this company is already well-known in the sales of electronic products. The founder Liu Qiangxi graduated from the National People's University next to Imperial University of Technology. He is a very talented and thoughtful person." Guan Weidong saw Jiang Hui A little distracted, he began to introduce the situation in Jingxi.

Liu Qiangxi is indeed a legend, and later generations can be regarded as an Internet celebrity-level entrepreneur.Especially after he married a milk tea sister who was so much younger than himself, it was the last headline from time to time.

In 1974, Liu Qiangxi was born in a small village in Pujiang Province. His family was poor. His parents made a living by sailing boats. He was placed in his grandma's house since he was a child. His grandma was illiterate and always made decisions on his own.

In 1992, Liu Qiangxi was admitted to the National People's Congress. He sewed the living expenses of 500 yuan collected by his relatives into his underwear, and decided to start an independent life and stop asking his family for a penny.Since freshman year, I have frequently participated in many part-time jobs.

In 1993, Liu Qiangxi, a sophomore, became obsessed with computer programming. In order to learn programming, he often slept in the computer room until morning before going to class.Liu Qiangxi, who learned programming, compiled a power management system for the government department in his hometown, and a catering management system for fast food restaurants in Shen City, earning a lot of extra money.

In the third year of junior year, Liu Qiangdong worked more hard on part-time jobs and programming in his spare time. Soon, Liu Qiangdong bought himself a "big brother", and spent more than 2 yuan on the "National University's first student computer".

Relying on part of the funds he had accumulated and borrowing a lot of money from his parents and relatives, he bought a restaurant near the school with 20 yuan in cash in his senior year, and dreamed of a "restaurant chain store".

However, problems appeared in the restaurant two months later: because of his decentralization, the purchasing masters would buy high-priced ingredients in exchange for more discounts, and the front desk and the chef quietly did not write the reconciliation list, and they were all greedy for money.In the end, Liu Qiangxi closed the restaurant, with a total loss of more than 20 yuan.

After graduating, Liu Qiangxi worked in a foreign-funded enterprise for two years, successively serving as computer manager, business manager, and logistics supervisor.

In 1998, Liu Qiangxi rushed to Zhongguancun with 1.2 yuan in savings, rented a small counter, and sold recorders and CDs.The name of the counter is "Jingxi Multimedia", which is the predecessor of "Jingxi Mall".

"How many shares does he want to sell?".

"what?".

"How much of Jingxi's shares does Liu Qiangxi plan to sell?".

"Boss Jiang, have you decided to invest now?"

"Yes".

"You haven't asked Jingxi's valuation yet."

"At most two to three hundred million yuan, not much higher, what I care about is how many shares we can get."

"When I talked with Liu Qiangxi last week, he hoped to sell [-] points of shares at a valuation of [-] million yuan. But this is just his asking price. I would say that the current valuation of Jingxi is about [-] million yuan." .

"Valuation is not the key, the point is how many shares he is going to sell, this needs to be discussed carefully."

"Understood, but his asking price is only ten points, so it may be difficult to completely buy it."

"It doesn't need to be completely acquired, but at least [-]% to [-]%. If he is worried that the sale of too many shares will affect his control of the company in the future, we can leave half of the voting rights we acquired to him."

"If this is the case, I think there is something to be done. If it doesn't work, I will threaten us to support another company to compete with him."

"Well, we need to prepare red dates and big sticks."

……

At the same time, Jingxi Multimedia.

"Mr. Liu, in the past month, no VC is willing to accept our valuation of 2 million yuan. Should we lower it a little?".

"Xiao Zhang, although we in Jingxi need financial support very much now, we don't need poisonous funds. I hope that the VC we find will recognize our business development model and prospects."

"In fact, these VCs are willing to bid, which shows that they are still optimistic about us."

"It's different. There is a gap between optimistic and optimistic. Some VCs just want to throw some money to see if they can make a profit, but I hope to find an institution that is willing to support Jingxi for a long time."

"The Guanghui Investment that I will meet tomorrow seems to be quite interested in us. Their vice president has personally met us twice."

"Bright Investment is a good choice, but it also depends on their sincerity. If the Brilliant Group is willing to give support in publicity, we can make some concessions."

"The influence of Guanghui Group on the Internet is too strong. If they help us promote, I think the size of Jingxi can at least double this year, no, quadruple."

……

Although Jiang Hui attaches great importance to this acquisition, in order to prevent Liu Qiangxi from seeing Guanghui Investment's strong acquisition intention, Jiang Hui still does not plan to attend the second round of negotiations between Guanghui Investment and Jingxi.

When buying and selling, the more you let the other party feel that you have a strong willingness to buy and sell, the easier it is to suffer.

(End of this chapter)