Winning the new financial era

Chapter 577 Event Follow-up
Zhang Yida did not refuse to save him, and exhausted all his connections and resources to help Chen Rui turn around.

But the matter is so big that netizens all over the country know about it, and he can't get the other party out.

Penguin's No. [-] person was scolded so badly that everyone suffocated.

Ponymar has given instructions to the Ministry of Justice that this case must go ahead.

Fortunately, Station B is not listed, and there are no other investment institutions, and the internal pressure is still within a controllable range.

Zhang Yida and Chen Rui had a phone call, and the former said, "Brother, I'm the one who killed you this time!"

Chen Rui seemed very calm, things had already happened, after the Penguin, Zhang Yida?He's not that stupid.

"It's okay, thanks to Mr. Zhang, you hired a lawyer for me!"

Chen Rui sighed, "At present, I may not be suitable to be the chairman of Station B anymore."

Zhang Yida comforted, "You don't have to worry about this matter, so what if you continue to hold this position?
It's not murder and arson, so what if you hate someone? "

The more Chen Rui thought about it, the more he felt that this matter was not easy. Why did Zhang Yida find a barbecue stand?Easy exposure?

After this incident happened, Station B could only stand in line with Ruixiang. Without surprise, Zhang Yida and Ruixiang were the biggest beneficiaries.

He couldn't remember whether Zhang Yida induced himself to say those words last night.

Even if the other party really induced him, he can only admit it.

The social routine is too deep, and it is a pity that I regard him as a true friend.

Chen Rui was finally detained for five days and held a press conference to publicly apologize to Liu Zhiping.

At this point, the matter is officially over.

Even if Penguin was not reconciled, there was nothing he could do, after all, there were a few swear words in the end.

Regarding the copyright issue of League of Legends and Glory of Kings, Penguin did not attack at this juncture.

After all, it is difficult to control the direction of public opinion when troubles arise.

According to Penguin's point of view, let station B keep talking for another month or two, and wait until the matter fades away.

Bilibili itself has made a lot of profits, adding millions of new users.

Everyone came here admiringly after hearing about such a vigorous chairman.

Ruixiang also signed a wholly-owned M&A agreement with Station B, and acquired the remaining 30% of the shares held by Chen Rui, Xu Yi, and Li Ni at a valuation of US$39.92 billion.

The three founders did not quote a high price, and Zhang Yida did not return the price, and directly agreed to this valuation.

In addition to issuing an additional US$6 million in sharp stock, sharp has provided an additional cash of nearly US$6 million.

After Bilibili becomes a wholly-owned subsidiary of Ruixiang, it will belong to the content business group, and together with Rocket Video, it will become two long-term video platforms of Ruixiang.

……

On the other side, Lilith's acquisition negotiations have also reached a critical moment.

"90 billion in cash, 90 billion in additional equity, and a total transaction consideration of 180 billion yuan. This is our final offer!"

Zhang Lan said to the three founders of Lilith with a straight face, "You should have heard about Mr. Chen at Station B, right?
The head of a multi-billion dollar unicorn was forced to swear by penguins in the street. You can imagine how domineering penguins are. "

Wang Xinwen nodded, "I also believe that things are not as simple as everyone imagined. It didn't happen to me, and no one has that kind of unforgettable hatred."

The other two co-founders, Yuan Shuai and Zhang Hao, did not speak. They were a little dissatisfied with the price.

People's penguins have driven up to 200 billion.

Although Zhang Yida gave an upper limit of 200 billion, Zhang Lan did not want to make a deal at this price unless it was absolutely necessary.

After all, it is necessary to highlight one's own ability. If you don't do things more beautifully, how can you gain a foothold as the president of the business group.

So Zhang Lan said again: "If Ruixiang is fast, it should be listed next year, and the three shares in Ruixiang will definitely increase in value."

Sure enough, Yuan Shuai's eyes lit up, and he said with a smile, "Mr. Zhang, don't be joking!"

Zhang Lan waved his hand, "I won't make such low-level jokes, you can see a thing or two from Rui Xiang's actions during this period."

"Wanted mergers and acquisitions?"

Zhang Hao, who has been silent for a long time, the recent series of actions of Lenovo Ruixiang, isn’t it like a big merger before listing?

In order to obtain a high market value and increase revenue and net profit, many prospective listings like to do this.

Zhang Lan smiled lightly, "It can't be said that there are massive mergers and acquisitions. Ruixiang's layout is centered around the upstream and downstream of the industrial chain, not just for revenue and net profit."

Now, the three founders of Lilith basically believe that Ruixiang is about to go public.

"What is Ruixiang's current valuation?"

Yuan Shuai is more concerned about this issue. After all, there are too many companies that have gone public and failed.

The stock prices of Magnesium Group and Rice are not much better, and now they have all fallen below the issue price.

"$2200 million!"

Zhang Lan feels that this valuation is not high, and if it is for investors, it must be more than this price.

Yuan Shuai was a bit discouraged. With this valuation, it is a bit difficult to increase the value after listing!
Although it is twice the gap with Ahri and Penguin, it is several times higher than the small giants such as Mei Tuan and Didi.

"How about an all-cash acquisition of RMB 180 billion?"

Yuan Shuai felt that Ruixiang's stock was a bit hot, and he started with a valuation of 2200 billion US dollars. He might lose money when it goes public.

It is better to choose all cash, which is safer.

Zhang Lan frowned a little. It's not that Ruixiang couldn't get out the 180 billion yuan in cash. He mainly wanted to bind Lilith's founding team for a few more years through stocks.

"Is it the condition of 180 billion yuan in cash that Lilith will accept the acquisition?"

Zhang Lan made the final confirmation and glanced at the three founders.

"Let me take some stocks, exchange half of my shares in Lilith into cash, and half into Ruixiang shares."

Zhang Lan was a little surprised by Wang Xinwen's choice, and at the same time made her feel more at ease.

"Xinwen, are you sure you want to exchange half of Ruixiang stock?"

Yuan Shuai didn't understand that Ruixiang's valuation was already so high, it was difficult to increase, or the increase was very limited.

With so much cash, you can invest in whatever you want, and the rate of return should easily surpass the rise of Ruixiang's stock.

Wang Xinwen and the two partners have different ideas. These years, P2P thunderstorms, private equity, trust payment is difficult, and venture capital has been cut off.

In comparison, buying Ruixiang stocks may be more stable!

"Yes, I have decided to take half of Ruixiang's stock. I am optimistic about Ruixiang's development, and I am also optimistic about Chairman Zhang Yida's foresight."

What Wang Xinwen said made his two partners hesitate, should they also exchange some shares of Ruixiang?

In the end, Yuan Shuai and Zhang Hao decided to exchange 20% of the stock and the other 80% in cash.

After negotiating with the three founders, the three of them convened a board meeting, and four institutional shareholders including IDG, Gaorong Capital, Chengcheng Capital, and Pusi Capital were also invited to Shanghai to inform them of the acquisition decision.

Investment institutions are eager for it. Lilith has never planned to go public, but they are in a hurry.

Well now, you can choose to withdraw in cash, or you can choose to take Ruixiang stocks.

In the end, the price for Ruixiang to acquire Lilith is: 126 billion yuan in cash, plus an additional 54 billion yuan, or about 7.8 million U.S. dollars in Ruixiang shares.

After hearing the news, Lin Haifeng left Shanghai with great regret. He felt that he had tried his best. He would rather sell it to Ruixiang at a lower price than to sell the penguin at a higher price.

He felt that this was a crime other than war, and the company should find the reason from himself.

However, he only dared to rot such words in his stomach, but he didn't dare to complain to his immediate boss Liu Zhiping.

This master was in a fit of anger and was scolded on the hot search list. He heard that he had gone back to his mansion in Hong Kong to recuperate his body and mind.

(End of this chapter)