Winning the new financial era

Chapter 492 Financial Advisor
"What are you betting on?"

Zhang Liping's heart moved, and he felt that it was necessary to side with Zhang Yida this time, and maybe he could make some losses back.

Zhang Yida waved his hand, "Don't ask me, I don't know, I will only find out after arranging to talk to Ruixiang's shareholders.

Revenue, profit, user volume, market share... Nothing less! "

Zhang Liping nodded, indicating that he understood.

Zhang Yida added: "Don't look down on Ruixiang, maybe they even have a round of betting with Zhonghe in order to increase their own valuation!"

"Ah, the two sides bet against each other?"

Zhang Yida felt that the old man was making a fuss, and he didn't know how he got into the position of chairman of Blackstone Greater China.

"You are only allowed to gamble with others, but you are not allowed to fight in the end? Maybe a bicycle will become a motorcycle."

Xu Xiaoming suppressed his laughter, always feeling that this style of painting was a bit strange.

An old man with white hair was trained like a grandson by a young man in his twenties.

An old man is not a simple old man, and a young man is not a simple young man.

At this time, Zhang Liping was focusing on the gambling, and he didn't care about the style of the painting.

After he really found out, he couldn't do anything to Zhang Yida.After all, he is a working emperor, which is very different from a real boss.

This is the case in the capital market, where the strong are respected.

"Is it all right?"

Zhang Yida glanced at the investors, "Merger, in the long run, will be beneficial to both companies, as technology and capital can be concentrated.

A company with a market value of 2000 billion US dollars has far stronger reputation and market confidence than two companies with a market value of tens of billions of dollars.

After all, the opponents we are facing now are Ali, Penguin, Facebook, and even Google. "

There is no need to repeat the reasoning. All the people present here are veterans of capital operation, so they understand everything.

Now no one objected, Zhang Yida reported all the pros and cons.

If you are afraid that your own interests will be damaged, then join his "gambling plan"; if you are not afraid, you can merge the shares into the new group at almost the current valuation, and you won't suffer much.

Every shareholder is thinking, do you want to participate in the gambling?
Zhang Yida actually didn't know whether Ruixiang would enter into a gambling agreement, but from the bottom of his heart, he really hoped for such a deal.

He holds only 34.36% of the shares in Ruixiang, and his shareholding in Zhonghe is much higher, with 58.64%.

If the two companies were to gamble against each other, he hoped that Zhonghe Group would win and Ruixiang Group would lose.

Because there are only two people playing cards at the poker table, Ruixiang loses 100 yuan, and Zhonghe wins 100 yuan.

算到他个人身上，就是左手输了34块3毛6分，右手赢了58块6毛4分。

After the deduction, the net profit was more than 24 yuan.

But the shareholders on both sides are not stupid, otherwise they would not propose to find an independent third-party audit agency, because they are afraid that Zhang Yida will harm the public and private interests.

As for the bet against each other, it is estimated that the shareholders on both sides will negotiate, and he will be a spectator on the sidelines.

……

Bao Fan, founder of Huaxing Capital.

This bald-headed demon man who has worked in the financial circle for more than 20 years has successfully operated more than 200 financing, IPO and M&A projects.

Didi and Kuaidi, 58.com and Ganji.com, Meituan.com and Dianping.com, Bao Fan and Huaxing Capital have all been involved in China's major Internet mergers and acquisitions.

He also single-handedly promoted the cooperation between Goudong and Penguin, and deeply participated in the listing of Jumei Youpin and Vipshop.

This bald man is not tall, but he is very energetic. Ruixiang and Zhonghe both shareholders recommended Huaxing Capital as one of the financial advisors for this merger.

On the course of a golf club in Beijing, while playing golf, Zhang Yida chatted with Bao Fan about the merger case.

"The last time you managed your project was the IPO of Yimin Wangjin.

do you know?I was stunned at the time, the 20-year-old chairman of a Nasdaq-listed company. "

Bao Fan smiled, "But the more surprising thing is still to come, watching Ruixiang and Zhonghe conquer cities at home and abroad step by step, becoming super unicorns, and now they are moving towards the goal of 2000 billion US dollars.

It is no exaggeration to call you a "child of the times"! "

"There is no such thing as a child of the times. Except for short videos, the rest of the business is second-rate."

Zhang Yida swung the club and watched the golf ball fly out a beautiful parabola and land in the distance.

Bao Fan thought about it carefully, and felt that what Zhang Yida said was right.

The two groups of Ruixiang and Zhonghe are a bit like a serious student.

Mobile payment ranks third in China, e-commerce ranks third, and big entertainment is probably ranked fourth. Only short video is the only one in the world. It is not only the first in China, but also the world.

But it is such a company that can only rank second-rate in multiple businesses to cobble together, and it has also cobbled together a unicorn company with the highest valuation in the world.

It surpassed Uber, which was valued at US$1200 billion, and Leech Financial, which was rumored to be seeking a new round of financing at a valuation of US$1000 billion.

It is estimated to be comparable to Netflix, which ranks eighth in the market value of global technology companies, second only to Apple, Amazon, Microsoft, Google, Facebook, Alibaba, and Penguin.

"After the merger, it is estimated that it will be listed soon, right?"

Hearing Bao Fan's question, Zhang Yida knew what the other party was planning.

Huaxing Capital has many business sectors, including private equity financing, mergers and acquisitions, securities underwriting and issuance, securities research, securities sales and trading, private equity investment, and brokerage asset management.

It mainly provides one-stop financial services across mainland China, Hong Kong, and the United States for Chinese new economy entrepreneurs and investors.

It seems that the other party also wants to get a share of the IPO feast of the new group after the merger. It is okay to add one more underwriter. After all, the IPO scale of the new group will not be small, and there may be dozens of securities companies.

The key depends on what Bao Fan can provide, or what the benefits are.

Bao Fan looked at Zhang Yida, who was staring at him, and said with a smile, "Don't look at me like that, the M&A case must be done according to formal procedures, after all, there are several audit institutions from abroad."

"Where do you want to go?"

Zhang Yida rubbed the center of his brows, "I mean, it's cheaper. Isn't there a slogan for Pinduoduo? It's cheaper to buy together!"

Bao Fan breathed a sigh of relief, he thought Zhang Yida was asking him to do some tricks.

"Mr. Da, don't worry, Huaxing Capital's service has always been good and economical!"

Zhang Yida smiled, and finally knew why Bao Fan was able to win so many projects, his eloquence was simple.

However, the other party came from a family of diplomats. It is said that when he was a teenager, he and a group of friends dumped foreign exchange certificates, bought imported goods, and resold them at a higher price.

Talented and Genetic!

"The valuation of Zhonghe's shareholders is a bit high, so VAM is allowed.

In the case of Ruixiang, if the shareholders also want a high valuation, they can also propose a VAM.

The merger is urgent. To eliminate some disputes, it is best for the two parties to bet against each other. "

Zhang Yida looked at Bao Fan, said with a smile, "I'll just raise an idea, and you should control the details.

I'll leave the matter to you, you have to pass the word back and forth on both sides, it may be hard work for a while.

After the matter is successfully concluded, Huaxing Capital must be a seat of underwriters. "

Bao Fan also has an exquisite heart. After thinking about the shareholding structure of the two parties, he seemed to understand something.

After explaining a few words like this, Zhang Yida didn't say any more.

He knew that Bao Fan was a formidable person who had handled so many merger cases, so he probably wouldn't let him down this time.

(End of this chapter)