Winning the new financial era

Chapter 470 Deceived Little Ma's Feelings

Penguin carefully analyzed the reasons why the operation of the stimulating battlefield was not as good as expected, and a large part of it was attributed to the live broadcast of the game.

At the same time that "Attack the Whole Army" was warming up, Penguin quickly completed the financing of Douyu Live and Huya Live.

Invested 4.6 million US dollars in Huya, took 34.6% of the shares, and became the second largest shareholder after Huya's parent company YY Times in one fell swoop.

Invested US$6.3 million in Douyu and became the largest shareholder of Douyu, with a shareholding ratio of 43.1%, much higher than the combined 18.6% of Cheng Shaojie and other senior executives.

Ruixiang participated in the A-round financing of Douyu, co-invested 800 million US dollars, and obtained 8% of Douyu's shares.

After rounds B, C, and D of three rounds of dilution, it continues to hold 5.75% of Douyu shares.

But because of the special relationship between Ruixiang and Zhonghe Group, as well as the bad relationship with Penguin.

Together with Penguin, Cheng Shaojie cleared out the five-point stake in Ruixiang through this round of financing.

Ruixiang did not lose money, and got back 11.5 billion yuan. Compared with the investment of 800 million US dollars, the rate of return was as high as 22 times!
Douyu and Huya promoted the promotion of "Attack the Whole Army", and the live broadcast sections of DouTV, Kuaishou, and Bilibili were not idle. A group of anchors broadcasted "PlayerUnknown's Battlegrounds" to netizens every day.

In this way, the domestic live broadcast platform forces were divided into two factions.

After receiving a huge amount of financing from Penguin, Douyu and Huya have not been idle. In order to please Xiao Ma, they began to poach the corners of Doushi, Kuaishou, and Bilibili.

The Zhonghe Group is not a muddleheaded one either, and immediately activated its "capacity to make money", and a sky-high price contract was placed in front of the game anchor.

Zhonghe Group looked like it was not short of money, which calmed down Douyu and Huya a little.

After all, Penguin is a godfather, not a real father. If one day they dislike their old age, wouldn't it be the end of it?

Zhang Yida is very satisfied with this result, the enemy is ruthless, you have to be more ruthless than him, so as to make the enemy afraid of you.

The cash reserves have been bolstered again after Zhonghe Group received a $6 million investment from Sony.

Kuaishou live broadcast, DouTV ads, and PlayerUnknown's Battlegrounds end-game three banknote printing machines are running at full capacity, and Zhonghe Group's cash flow is gradually becoming positive.

In terms of equity, Zhang Yida's shareholding dropped from 6% to 59.47% after Zhonghe Group completed the copyright investment of the three major record companies and Sony's US$58.64 million cash investment.

This shareholding ratio is relatively high, and Zhang Yida did not use the private funds stored in the family office to increase its holdings. After all, eggs cannot be put in one basket.

Take Zhonghe Group as an example. From its establishment to the present, he has carried out several rounds of additional investment with private funds, which add up to almost 20 billion US dollars.

For ordinary entrepreneurs, this may be an astronomical figure.

Fortunately, he has cashed out a lot from Yimin Wangjin, Yimin Wealth, and Yimin Loan, as well as private investments such as OYO Hotel and Blue Hole, which have also received rich returns.

……

"Mr. Sun, congratulations, from today, you are the second largest shareholder of Ruixiang Hezhonghe!"

Liu Zhiping happily shook hands with Sun Zhengyi. Although the matter was delayed until January, he finally sold his shares at a good price.

Sun Zhengyi narrowed his eyes into a smile, and couldn't be more satisfied with this transaction.

87亿美元拿下锐向集团16.362%股权，64亿美元拿下众合集团14.25%股权（最近一轮融资稀释0.2%）。

It is equivalent to a 666% discount for Ruixiang Group on the basis of a valuation of US$8 billion, and a 642% discount for Zhonghe Group on a valuation basis of US$7 billion.

With an investment of US$151 billion, Sun Zhengyi believes that this gamble will not disappoint him.

Although entering the game relatively late, Sun Zhengyi firmly believes that Ruixiang and Zhonghe will definitely grow into giants with a valuation/market value of [-] billion US dollars.

This judgment not only comes from his good impression of Zhang Yida, but also contains his own analysis.

Ahri and Penguin are old, and their minions are no longer sharp, but Ruixiang and Zhonghe, who are expanding their territories around the world, are the rising stars of the Internet.

Liu Zhiping looked at Sun Zhengyi, who was full of ambition, and wondered in his heart, would this famous Internet emperor encounter the Waterloo of his life with Zhang Yida?

He also couldn't come up with a definite answer, because Penguin was also pressing towards the two little giants, He Zhonghe.

Penguin and Softbank held a grand press conference, invited hundreds of reporters, and announced the equity transfer transaction of up to US$151 billion, equivalent to RMB 1050 billion.

Such a big handwriting, not to mention rare in China, is rare in the Internet circles all over the world.

Excited reporters began to ask questions one after another, and Liu Zhiping also patiently explained.

Reporter: "The choice to sell the shares of Ruixiang and Zhonghe at this moment means that Penguin is not optimistic about the development of these two companies?"

Liu Zhiping: "The main reason is that the ideas are different. Now we are sharp and united, very similar to the penguins before 2010."

What does this mean?
Immediately, some reporters began to make up their minds. Isn't 2010 the same as the penguin before the 3Q war?
In the past, Penguin had to get involved in any field. It was not until after the 3Q war that it slowly took the open route.

It is said that Ruixiang now has all the financial licenses, and Zhonghe is aggressively attacking the big entertainment sector.

Not to mention, it really looks like a penguin before 2010.

Looking at the whispering reporters, Liu Zhiping smiled, he just wanted to give Zhang Yida some eye drops.

The reason why such a grand press conference is held is to completely draw a line with Ruixiang and Zhonghe, and announce to netizens across the country that Penguin, Ruixiang and Zhonghe have parted ways.

Next, Ruixiang and Zhonghe will face the crazy attack of penguins.

Not only to let the outside world see the fate of the traitor, but also to beat the maggots and beeps that are about to move.

Sun Zhengyi was a little displeased, but it was not his turn to speak, so he endured it for the time being.

The reporter who wanted to make something happen asked another question: "I heard that Penguin provided great help in the early days of Ruixiang and Zhonghe.

Now that Penguin and the two companies have parted ways, how does Mr. Liu evaluate Zhang Yida? "

Liu Zhiping pondered for a moment, and said into the microphone: "Mr. Zhang has great ambitions, and he is a person who is not willing to be inferior to others."

The reporters understood another layer of meaning, and they were unwilling to let others down. Didn't they mean that there was a rebellion in the back of their heads?

Zhang Yida has just become the richest man in the country, he is at the cusp of the limelight, and he is very topical.

The reporter hoped that Liu Zhiping would break some news, but Liu Zhiping stopped answering the questions.

Then Sun Zhengyi began to answer reporters' questions.

Reporter: "How does Mr. Sun Zhengyi view the competition between Ahri and Pinduoduo, and does the investment in Zhonghe Group mean that you are dissatisfied with Ahli's current situation?"

Sun Zhengyi: "Both companies are very good technology companies. Competition will make the industry more prosperous and bring greater convenience to consumers."

Reporter: "Then how do you evaluate Mr. Zhang Yida?"

Sun Zhengyi glanced at Liu Zhiping, and replied with a smile: "Mr. Zhang is the most powerful entrepreneur I have ever seen, with keen vision, advanced business insight, and excellent leadership..."

Reporter: "The most powerful entrepreneur? Including Mr. Jack Ma?"

Sun Zhengyi had a smile on his face, and he was already MMP in his heart.

He said with a smile: "When Mr. Jack Ma started his business, he was not as young as Mr. Zhang."

The reporter laughed. In terms of commercial achievements, Zhang Yida is still far behind Jack Ma.

But Zhang Yida is two rounds younger than his age.

Zhang Yida watched the overwhelming discussions on the Internet, some said that he failed Xiao Ma's cultivation, and some said he cheated Xiao Ma's feelings;
There are also those who said that the penguins turned him back, that the penguins are playing hegemony, anyway, they can say anything,

Completely cut off from Penguin, although in the short term, the disadvantages outweigh the advantages.

But in the long run, after clarifying the relationship, the shareholders of Ruixiang and Zhonghe will be completely united and work together to make the cake bigger.

(End of this chapter)