Salted Fish’s Self-help Strategy

Chapter 1094: List of Baren Group (Part 1)

People with risk-taking genes may still choose to start a business, but ordinary people certainly don't think so. This is also the reason why Chu Yuanxi has not promoted DKP or incubated entrepreneurship in a well-off society. If he pushes it forcibly, he is likely to become a pitman, which is equivalent to the imperial capital’s natives selling their houses and going abroad 30 years ago.

Therefore, Chu Yuanxi also fully understood Feng Qin's choice. This was also the reason for his sigh. When he proposed it, he had a foreboding that Feng Qin would not be willing.

Then after some consideration, he arranged for Xiaokang's internal staff to dock Feng Qin's resources. If Feng Qin is willing to start a business is the easiest, his resources can "bring capital into the group" and become part of the entrepreneurial plate, so that the distribution of benefits can be made clearly.

But how to measure Feng Qin's contribution now? You can't ask for his resources in vain. But things are always to be done, and they have to be done quickly, because these are market behaviors and changes that Chu Yuanxi has not noticed, but the so-called autumn wind hasn’t moved, even Feng Qin has the resources, and you can imagine the market. There should not be many people interested in sharing the arcade.

A well-off society must start from scratch. Although it can draw on the strength of the Ba people, it still lags behind many people.

Fortunately, there are no giant players in this field. Well-off is a giant when entering the market. When I told Xue Jianhua about this, I wanted to discuss a plan, but Xue Jianhua laughed with a "pounce" and said that we don't need to think about it! How do other giants enter the field to slaughter the small and medium players on the track? Let's just do it. How simple?

Chu Yuanxi felt sad again with these words, quite a feeling that the Dragon Slayer teenager has finally grown up. But it is indeed the most worry-free way.

The reason why I feel sad is because I just want to save worry, I have to crush a group of innocent track players. I don't think this thing is authentic. Do I finally become the person I once hated?

Maybe, this is life, right?

Then he gave instructions again in the Pakistani work group. The invitation issued by Feng Qin was definitely invalid. The project was done by himself. But the entrepreneurial spirit never stops. Feng Qin's ideas are highly commendable, and Tang Lei's cooperation is reasonable and reasonable. These efforts are manifested by employees' spontaneous entrepreneurship. If any student is interested,

Both Xiaokang and Ba Ren have very large businesses now, and there are many entrepreneurial opportunities that can be derived from them. I hope students will be brave to consider. Like Du Li and Yu Qing, they were both ordinary employees of Pakistani people before, but they started their business for a year and did a good job. The final result is not satisfactory and they got good results. The only regret is that they had to leave because of the terms of the merger. A big family of Pakistani people.

Even so, from a personal perspective, this is a very reasonable result. And this result is not really important. What is important is that two old colleagues jumped out of the junior workplace and embarked on the path of entrepreneurship with a solid footsteps and a fairly steady journey. Personally, I am very optimistic about their future development.

As soon as this long article was published, the staff group finally got a little noise. In fact, the situation of Pakistani people also has the problem that starting a business is not as good as a part-time job, so the respondent talked about it. If a promising company gives its employees the same incubation options as Israelis and Palestinians, even if the parent company is not strong enough and has limited incubation capabilities, I am afraid that the proportion of people who choose to try will be very large.

Therefore, what Chu Yuanxi needed was to activate the enthusiasm of the brothers. From this point of view, he really felt that he had lost out of his ideas last year. At that time, he stimulated the two grand prize winners to start their own businesses, but the demonstration effect failed to be achieved. Now he has to work hard.

It’s just that the rainbow farts in the group praised Mr. Chu’s strong entrepreneurial spirit, otherwise it would not be possible to achieve such brilliant successes in two consecutive ventures, but the sentence "determination and perseverance is beyond our generation" is profound. The betrayal of the essence of their counseling.

Moreover, the limited number of people who knew about it hadn't been exposed in the group. If it weren't for the Pakistani group's efforts, it is estimated that Du Li and Yu Qing would not make a cent. Because in the end, Ali did not intend to enter the shared power bank, Huang Tuan actually does not purchase both. But some people use Ali to scare people and finally make a deal.

Although Huang Tuan regards the shared power bank as an artifact to boost the company's data and implements a closing blow to the track players, Ali did not act rashly. The main reason is that there are too many MTs in front of Ali, and each of them can be a demon. Even if Ali is three-headed and six-armed, he doesn't necessarily know which one is better.

Speaking of fighting, Pinduoduo casually acquired 600 million users. After two years of Ali's ten-year journey, should he fight? The financial report of Big Dog Dong has been getting better and better since Dong Ge redefines the brothers. In the special situation in early 2020, relying on the super service of its own logistics not only obtained new users, but also awakened a large number of old users. The first quarter of 2020 The revenue is higher than Ali, shouldn't it?

Anyway, Chu Yuanxi has always called for it on different occasions, although he also knows that Big Dog East’s revenue is inflated because of the large share of major appliances, and that Ali and Pinduoduo are mainly commissions and platform advertising fees. Affordable. But, in short, Ali is right to hit others!

He was not idle during this period. The audit company had received the pre-IPO audit business because the preparation time was very long, so the data was released very quickly. The report that should be released was already available in late January. .

In this way, the submission of an IPO application will enter the impending state. Before submission, there are two things that must be done. The first is to invest another strategic investment in Xiaokang to make up for votes. This must be done before submitting the application, otherwise it will easily cause trouble. The second is to establish a board of directors.

Therefore, the Pakistani people took the time to start a small meeting of the board of directors in an extremely busy state, and first held a general meeting of shareholders according to the procedures of the company law and securities law, and then established the board of directors. Among them, Liang Kenian's final candidate for the independent director was Professor Zhang, a major social science professor in the city, and he was indeed quite famous in the society. However, everyone knows that the composition of the board of directors is still Chu Yuanxi's utterance. From left to right, almost no one would object to his opinion.

Among them, Zhao Jie is the least likely to object, because Yu Wenhui is actually qualified to be a director. Yu Wenhui is the project manager of the game project team of "Unwinding in the Wind", and he also made a huge contribution to this game.

However, even this kind of corporate governance is actually in the past, especially for my large A shares. It is impossible for Chu Yuanxi and Zhu Yan to be judged to act in concert.

When it comes to the governance of listed companies, there are actually very unique samples. For example, I have a well-known company that went public in 2020. The chairman and the vice-chairman did not have any marriages, but only because of their children, so they were not judged as People who acted in concert passed the meeting smoothly.

As the first decision after the establishment of the board of directors, Chu Yuanxi used it to make a strategic investment in Xiaokang. This 4 billion-scale war vote is specially designed for vote replacement, so you don’t need to pay special attention to the valuation. It is still promoted according to the 70 billion valuation given at the annual meeting.

At the same time, this small meeting was also the first time that Professor Zhang met with other people. After a long time, the professor first questioned why so much money should be raised? The purpose of financing is actually to subsidize the well-off working capital, which is incomprehensible as a strategic investment, and it also casts doubt on the well-off, an important Pakistani invested company. At least, it does not match the reputation of a well-off life in society.

And it seems that as far as he knows, the old shareholders of well-off, that is, the shareholders who bought shares before this strategic financing, were only informed of the general situation of strategic financing, and they neither obtained comprehensive and detailed financing documents nor obtained the right to participate. Therefore, is the Pakistani Group’s financing behavior completely legal and compliant?

Chu Yuanxixin said that since the board of directors has been established, and even the IPO has already been filed, everything must be in line with the process and in line with the law, and letter approval is the most important part of the stock market. The key is that there is not much time left. The thing that Xiaokang has to do to make up for the ticket is basically known to everyone in the heart of Sima Zhao, but I don't know how much to make up.

Therefore, he said frankly: “Because the Pakistani people are the largest single external shareholder in the well-off life, they have the right to understand the specific business plan of the well-off life. And I am the actual controller of the well-off life, so I guarantee the truthfulness of the statement. And validity, but please don’t spread it out for now.

The current cash flow of a well-off life remains healthy, thanks to the expansion of HealthCoin while maintaining a low expense ratio, cash flow is in an inflow state most of the time. Therefore, it is necessary to supplement 4 billion working capital, just for one thing-to obtain customers, and to burn money for growth.

The specific method is the movie "I Serve", which will be released in the Spring Festival file, produced by the Pakistani Group and distributed by Xiaokang Life, and the two parties work together. The ticket replacement method issued is 100% ticket replacement, but users are required to download the Xiaokang Life APP, and the credit obtained from the ticket replacement can only be consumed in the Xiaokang APP. I expect the enemy to be lenient. I estimate that the size of this ticket subsidy will be between 2 billion and 4 billion. The average number of tickets for each movie is 40 yuan, and the number of customers will be between 50 million and 100 million.

The main work of the current well-off life is to grow with Internet thinking. The number and activity of users are the vitality of well-off social, cloud blockchain and other businesses. For this reason, we, I mean, the Well-off Life Division has made various plans, plans and technological developments to promote new additions, and to preserve and retain them. The specific plan is very detailed, but it should not be disclosed on the Pakistani board of directors.

As for the issue of compliance, Xiaokang’s historical financing did not give any shareholder rights such as priority, and the Pakistani Group, as the single largest shareholder, is reasonable and legal to make strategic capital contributions in accordance with the agreement. At the same time, the purpose of this financing also has a strong connection with the business of the Pakistani Group. It is used for the distribution of Pakistani Group's films. Therefore, it may or may not be disclosed to the outside world for the consideration of maintaining trade secrets. On behalf of a well-off life, I choose not to disclose. "

Yuan Jing sat in his seat, keeping his square face still, but his heart was shaking. In fact, it has been a long time since he had a face-to-face communication with Chu Yuanxi. No changes can be seen through WeChat. Chu Yuanxi is still the kind of performance that often makes amazing words, and it can be said that it is funny and unnecessary serious.

But when I saw it today, his tolerance was as if the plan was grand, the goal was clear, the structure was meticulous, and the methods were cruel and the blow to the Spring Festival movie was tragic, nothing like Chu Yuanxi in his memory!

No wonder he has to make a war investment first, and then apply for an IPO. If he applies first and then makes a war investment, the relevant departments must not stare at him?

Yuan Jing knew that Chu Yuanxi would have a moth. Professor Zhang was not mentally prepared for Yuan Jing, and he was immediately stunned. He said that the reason for maintaining business secrets was the test! Nima turned out to be rumored that the Pakistani people want to invite the people to go to the theater to watch the movie for free. I thought it was a joke, it turned out to be a well-off treat!

Soon, a victorious meeting ended. Chu Yuanxi had completed all the financing procedures before convening the meeting. Anyway, the left hand turned the right hand, everything was very fast, so he finished in one go and finished the money connection draft. I didn’t issue it and applied directly for an IPO, so that many small and medium shareholders of Xiaokang actually disclosed information publicly through the Pakistani Group’s application for IPO. Cao learned what strategic financing Xiaokang did, and they shouted cheating...

During this period of time, Chu Yuanxi was equivalent to adding a class to herself, inserting the shared arcade project in the OKR sequence. Although this is better than sharing a power bank, it is troublesome to find an OEM from scratch. Fortunately, whether Pakistani or well-off, they have long been involved in physical enterprises, sharing scooters, certain categories of quality life, and some other seven or eighty-eight models are all found for foundry, so OEM is not Without experience, the speed of getting started is not slow.

Unlike the power bank in a half-saturated state, the shared arcade field has not even formed the concept of a track, and there is no unicorn running in an elegant posture. This is why many ant-level or million-level players can enter the game-the price butcher has not come yet!

Therefore, the market pricing is fairly reasonable, so that they can make profits with the capital scale of less than one million yuan, and can quickly pay back the cost. When the cash flow is relatively good, even expansion through traditional loan methods is profitable.

The so-called unicorn with elegant posture is also a unicorn. The horns are particularly sharp. When you see a competitor, you will die until you run to the front. Since there are no other unicorns, then I will be this unicorn!

However, if this field can develop into a racetrack, compare it with the shared power bank, you can know that there are at least two rounds of price wars, which are also ground wars. Not only must there be a very good price, but also a very strong ground promotion. Ability, the one who bites down the high-quality points can be the winner.

From another perspective, the same conclusion can be drawn, that is, there are many brands in this field, such as Wukong, Superman, Maizi, Zhang Yu, Moyan, Funwan, etc., to name a few. This is the primary feature of the emerging field. The market has not been trampled by big players, and it is in a state of barbaric growth, waiting for the harvest of the giant sickle.

Of course, the industry ecology during this time period is also the most interesting, which fully shows that the sharing economy is not bad, but a problem of cost and price. In industries with high costs and low unit prices, players with insufficient funds will not be able to reach the end because they cannot pay back as soon as possible. And now happens to be a period of low cost and high unit price, making the entire ecology appear very dynamic.

Shared bicycles have gone through many rounds of fighting. After the spiral evolution, the unit price was finally raised to 1.5 yuan before returning to a vigorous state.

Chu Yuanxi simply calculated the accounts. A shared arcade machine would cost almost 1,000 yuan to calculate the total cost. If the price is reduced from the current 2 yuan to 50 cents, the electricity fee and the spot fee will be deducted. No one can make money. After stepping back 10,000 steps and dropping to 50 cents, even if the gross profit can still remain positive, the payment cycle will become infinite according to the effect of marginal increase. There are also floating labor costs. Net profit is the devil.

"Well, then set it at 80 cents!" Chu Yuanxi immediately made the decision, and then handed the plan to Xue Jianhua to execute. Xiaokang is already an enterprise with a large ground team. Relying on scale, the average labor cost can be kept low. This alone can actually kill a large number of millions of players. A 40% discount on the price is definitely very competitive, and it can also maintain profit and loss at the cost line, which is a very ideal state for players who play to burn money.

At the same time, the news that Pakistani people applied for the ChiNext IPO in a few days has basically been widely circulated on the road, and many people have begun to predict the IPO price.

It should be understood that even after the launch of the Science and Technology Innovation Board, the valuation of the ChiNext is still relatively water ~www.ltnovel.com~ and the Pakistani Group has indeed become more and more like a technology company after a series of business adjustments.

If the Pakistani people’s growth process is more traditional, there will definitely be more institutions that make predictions. However, the Pakistani people are not traditional and have only done one financing, and they have also liquidated two of the three investors, so there is a direct interest. Now there is only one brother from Zheng De Fund. But even so, a large number of investment institutions still made rigorous or nonsense reports, forming a beautiful landscape at the end of January.

One of the easier to sort out is the Pakistani Group’s foreign investment, which does not include the current assets of buying stocks on the open market. Of course, this is easy to compare with, and Pakistani investment should also be classified.

The first is the incubation category. In the past two years, the Pakistani people have gradually incubated their peak visual effects, and the Mediterranean Games and Gobi Networks are also seeing prosperous day by day, and Barnana, under the leadership of Cao Shan, has also entered an incubation state.

Among them, Panama is relatively heavy on assets, and it is easy to calculate the valuation. Peak visual effects have the intention to invest in small break stations, so the valuation is guaranteed. However, the Mediterranean and Gobi networks are more difficult to calculate, because there is no such game in China. This is simply rubbing the concept of national and Korean game peers on the floor.

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