Rekindle 2003

Chapter 573 The Long Night: Making Dumplings

Listen more to the elderly?

Guo Wei's face looked like he was constipated. He couldn't do anything about the old people, but he still dared to fight against Yang Zhiyuan and his peers.

"Shit! My Xiaotao is very gentle. Just now he was asking me when I would go back and cook dumplings for me."

Zhao Linhuan smiled at him, "Hey! You didn't go home in the middle of the night, and the Xishu girl cooked dumplings for you... Do you think we believe it or not?"

Seeing that everyone didn't believe it, Guo Wei took out his cell phone angrily, pulled out the text message and waved it in front of everyone.

Zhu Linan, who was quick with his hands, grabbed the phone and while hiding from Guo Wei, he happily read out the message:

"'It's not over yet!' Attention, everyone, this is not a question mark, it is an exclamation mark! Our boss Guo replied with the word 'um'.

Then half an hour later there was another message, 'It's not over yet! ', this is still an exclamation mark! Our boss Guo replied 'right away! '

The last one, here's the key point, is 'the meat is thawed', ugh, Mr. Guo, I can't tell, my sister-in-law is quite aloof.

Text messages are all three or four characters long, so your communication is too stream-of-consciousness! "

Guo Wei was anxious and wanted to grab it back, but was hugged by Zhao Linhuan with a smile, and the conference room became even more noisy.

After being nervous for a day, he finally breathed a sigh of relief. Zhiliu didn't mind if his beloved disciple caused embarrassment to make everyone relax. He was still coaxing, "Continue! Keep reading."

However, Zhu Linan was stunned for a moment and glanced strangely at Guo Wei, who was being hugged tightly by Zhao Linhuan and others. The corners of his mouth raised higher and higher.

"Mr. Guo, please reply to this text message without fail! You are a very good family member!

Everyone, listen up, Mr. Guo replied very domineeringly, "Chop the stuffing and prepare to make dumplings!" '? "

After that, he laughed loudly, "Hey, hey, hey! Guys, let's guess, let's guess, why did Mr. Guo use the word 'Bao' in this sentence?

What kind of scene is he describing? What kind of family status does it reflect?

Then there is the word '喽' at the end. What kind of emotion does it express? What kind of mood does he want to express? "

There was thunderous laughter in the conference room. Guo Wei grabbed the phone with a red face and cursed, "You guys know nothing!"

This time the laughter became even louder, Zhiliu couldn't help but slapped the table and laughed.

……

In the conference room of the Spring Snow Villa Conference Center, the male pigeon saw that Qin Manman on the side was already yawning vaguely, clinked glasses with several people, and took the initiative to start the process of drinking wine.

Yang Xu picked up the phone Qing Yun had just put down, holding the wine glass and looking at him jokingly, "Is it time to make dumplings?"

Qing Yun chuckled, "The skins have been rolled out, the fillings have been chopped, and the water has been boiled. Isn't it time to make dumplings now?"

Yang Xu, who knew his overall plan, touched his chin and nodded, and the heat was up.

The male pigeon over there was still a little confused, "I'm going to say something more, why didn't you have more fantasies about the graphics card at that time?

The current price, to be honest, will make the Fantasy Group feel heartbroken, but it will not break their bones. "

In his opinion, even if the price is 3000 yuan, it is reasonable.

The relationship between supply and demand determines the price of goods, not to mention that this is a time when everyone is rushing for time, just like mineral water selling for 200 bottles in the desert, whether you like it or not.

Qing Yun picked up a glass of wine to speed up the process, and then raised his eyebrows at the male pigeon, "If you continue to drink more, I will probably hit my own hand."

He raised his index finger and shook it, "Actually, none of you understand Zhiliu..."

Without waiting for anyone to refute, he said calmly, "If you want to say that he is a traitor, he must be wronged, but if you want to say that he is patriotic, he is definitely not.

He is a pure and refined egotist. "

Having said this, Qing Yun took a long breath, "He has no concept of country in his heart! All his thinking patterns are based on his own interests!

So...he can't be fearless! When his core interests are about to be substantially harmed, he will retreat faster than anyone else and retreat to a safe range. "

The male pigeon was stunned.

Yang Xu was stunned.

Chen Shuyang and Guo Jing were both stunned.

They looked at Qing Yun in confusion, saying they didn't understand.

Qing Yun chuckled, and then said calmly in the face of everyone's sullen looks, "You haven't noticed one thing. It's already September. For a listed company, the third quarterly report at the end of September is very fast. It's coming, and the annual report isn't far away.

If Zhiliu fights with me to the end right now, his report this year will not be very good. "

The male pigeon hissed and gave himself a gentle slap.

Should not!

He shouldn't have thought of this.

Yang Xu seemed to understand, but he was too embarrassed to pretend to understand, so he could only look at the two people who were laughing.

But Chen Shuyang and Guo Jing didn't understand it at all.

As the general manager of a listed company, Chen Shuyang certainly understood the importance of quarterly reports and annual reports, but he couldn't see what Zhiliu was afraid of.

Losing money and making money every year is not a daily operation of listed companies, but it is also fundamental.

Without fluctuations in performance, how can bookmakers have room to make money?

Just making concepts, making gimmicks, and issuing announcements is not enough. It must be supported by performance, and stock critics also have basis to make their opinions.

After all, the so-called technical stream is in the minority, and most leeks still want to know how much the company earns and how much it loses.

Qing Yun explained to them, "Aibi Aimu is selling its PC business. You should have heard about this in 2000. At that time, they announced that they were in contact with Fantasy Group."

Yang Xu knew this very well, looked at the confused Guo Jing and Chen Shuyang, and interrupted, "Old Chen and Xiao Guo were not in this industry before, so it's normal for them not to pay attention.

In fact, the two families had already negotiated a framework at that time, but Zhiliu later took the initiative to stop it. "

If you are not in this industry, you really may not know this kind of thing.

Qing Yun continued, "The reason for the suspension is that the restructuring of Fantasy Group was not completed, and the book value of Fantasy Group was not enough to acquire Aibi Aimu's assets.

At the same time, if the transaction was carried out at that time, the management headed by Zhiliu would not be profitable, so Zhiliu did not operate the matter.

And now..."

This is a problem left over from history, and no one can do anything about it. We can only say that the management of Fantasy Group has implemented the management MBO legally and compliantly.

"Fantasy Group has now completed the preparation procedures for the transaction. Taking into account Ji Liu's retirement next year, the basis for transaction negotiations has matured and the interests of all parties have a platform to reach agreement. Fantasy Group will inevitably make progress today and tomorrow. The acquisition of Aibi Aimu was completed during the year.

This is like... similar to the fact that Song Ruhua and I reached an agreement before, but it took half a month to announce the completion of the merger. "

Yang Xu was a little confused when he heard this, "Then what?"

Qing Yun chuckled, "Brother Yang, how much do you think it will cost to buy Aibi Aimu's PC business?"

Yang Xu frowned when he heard this, and after thinking again and again, he shook his head, "It's hard to say, Aibi Aimu's PC business has been losing money, this is a fact.

But if you want to estimate its value based on its current net assets, I personally think this is very unfair.

The overseas channels and existing customers of this business are currently the most lacking in China. It needs to be built in-house, which is time-consuming, labor-intensive and expensive. This is an intangible asset.

After the acquisition, it can quickly open up overseas channels and save at least 2-3 years.

At the same time, Aibimu has tens of thousands of patents in the PC field, which cannot be estimated by price.

Moreover, just the brand of the 'Think' series... it is really difficult to measure it in terms of price.

Frankly speaking, I am an industry insider and I cannot value this business according to the valuation method of the capital market.

I even feel..."

At this point, Yang Xu sighed, "Boy, this... I want to say that for many people, Think is faith and a priceless treasure."

Qing Yun shook his finger, "Priceless treasures are also valuable. But you are right, channels, patents, and brands form a strong premium for this business.

In other words, this business cannot be bought by Fantasy with just a few hundred million dollars, right? "

Yang Xu looked at him angrily, "You want to buy Abby for hundreds of millions of dollars? What a dream!" Qing Yun shrugged, "What are you doing with me? In other words, Fantasy Group If you want to buy it, the price should be at least a billion dollars, right?"

Before Yang Xu could say anything, Xiong Xiaoge intervened, "Old Yang, don't look at this through a filter. According to our investment estimates, this asset package will not reach billions of dollars.

The final transaction was in the range from one billion to more than three billion, and it would be impossible to sell any more.

The current situation of Aibi Aimu is much better than that of Song Ruhua at that time... but he is still facing huge difficulties. The reason why he sold to Fantasy Group was because other manufacturers were bargaining too hard.

Think about the mergers and acquisitions that have occurred in America in recent years. Especially after the Internet bubble burst, the market valuation level has dropped seriously.

At this point in time, technology companies are licking their wounds, otherwise Abby would not sell this business, so no one is willing to pay a high price. "

When Yang Xu heard this, he sighed and shook his head. He even thought that if he had the money, he would take possession of this asset himself.

Qing Yun ignored the crazy thoughts of a loyal fan of ThinkPad and continued, "We use the minimum of 120 billion U.S. dollars, which is equivalent to more than billion in Chinese national currency. Where did Fantasy Group get so much money?

He had to apply for a merger and acquisition loan, otherwise it wouldn't be able to come up with the money.

Regardless of domestic or foreign laws, in a merger and acquisition loan, America's own funds must not be less than 5%! In our country, it must not be less than %.

Note that this is the owner's equity, that is, the own funds corresponding to the net assets, rather than the monetary funds formed by your previous loans. You must prove the source and ownership of this part of the money, otherwise the commercial departments of the two countries will not be able to approve it. .

And where does it come from? Its net assets are only 42 billion. No matter how you calculate it, you can't reach this amount. "

Yang Xu frowned, "But it can issue stocks. This is not exactly the same thing as what you plan to do, using investors' money."

Qing Yun clapped her hands and congratulated him on finally figuring it out.

Under Yang Xu's middle finger, Emperor Yun chuckled, "So, how dare he fight me to death? Isn't he afraid that his stock price will collapse? What is his current stock price?"

After that, Qing Yun turned on the computer and called up the Hong Kong stock trend chart of Fantasy Group, "Look, Fantasy Group suffered a huge loss in its mobile phone business last year, and its stock price fell from more than 4 Hong Kong dollars to 2.65 Hong Kong dollars at the beginning of this year.

This year, from the first half of the year, its revenue and profits have increased, with an increase of about 12%.

However, if you look at the stock price, its stock price has risen from HK$2.65 at the beginning of the year to HK$3.80 now, an increase of more than 40%. "

Yang Xu looked at him blankly, "What does this mean?"

Xiong Xiaoge said calmly, "This shows that this guy is suspicious that Fantasy Group has been doing market value management this year."

Qing Yun listened and replied, "What do you mean I doubt it? This is the fact! Come on, old Xiong, tell yourself, do you think his stock price is normal?"

The male pigeon sipped the toothbrush and grabbed the computer. The little red dot moved quickly.

After a period of dizzying operations, Xiong Xiaoge shrugged his shoulders boredly, "Well, they are indeed doing market value management and carefully maintaining the stock price. Whether it is seller reports and research reports, or the concentration of institutional households, they all support This conclusion."

Having said this, he patted Yang Xu on the shoulder, "If Zhiliu wants to acquire Aibi Aimu's PC business, he doesn't have enough money. He can't use all his own funds, otherwise it will affect the operation of his Fantasy Group.

Therefore, in addition to looking for a merger and acquisition loan, he must also use stock exchange to solve at least half of the funds.

If Zhiliu really fights with this kid, he will definitely face the risk of huge losses this year, and the stock price will fall accordingly.

If the stock price is too low, then he will not be able to exchange for many shares at all, and the ownership structure will destroy the safety cushion of state-owned assets control. "

At this point, the male pigeon suddenly glanced at Qing Yun, "Hey! How much did you cheat him last time?"

Qing Yun was silent in his heart and said uncertainly, "It's less than 200 million, right? It shouldn't exceed this number."

The male pigeon curled his lips, "I only made 4 million in the first half of the year, and you cheated me out of half of it."

Yang Xu felt that whether Fantasy Group suffered losses or not was not a big deal.

He also wanted to imagine that the acquisition failed in the end, and when the time came, he would encourage this kid to take over.

Yang Xu really felt that the Think brand might be more useful in Qing Yun's hands.

He shook his head and brought the topic back, "No, I don't think it's a good thing for you to eat up that group."

This time, it was not Qing Yun who refuted him, but Xiong Xiaoge, "Lao Yang, the scale effect, Xiao Qing is on the right track. Only when the scale goes up will his revenue volume go up.

The profit from 800 million shirts is equivalent to a Boeing airplane. Essentially, the reason is that the unit price of shirts is too low, and the profit margin cannot be high no matter how high it is.

Only with a large amount can you have a large flow of funds. With a large flow of money, it is very convenient to do anything. "

Yang Xu shook his head impatiently, "No, I mean, there is no need to fight to death in the country."

He patted Qing Yun on the shoulder and said, "Boy, I hope you can quickly go to stir up trouble in the international market."

Qingyun heyed twice, but did not answer. Instead, he plundered the wine from the mentioned bottles and filled them for everyone.

Seeing that there was still a little bit in the bottle, he didn't waste it. He blew the bottle directly, then shook his finger at Yang Xu and said seriously

"I will definitely go abroad. But!"

There was a trace of sternness on his face, "I don't even say that we must first settle the domestic situation before we fight against foreign aggression. Brother Yang, I just said that the industrial trend is changing, and now it is our turn for China.

This is equivalent to raining from the sky. They are all small pots and will waste a lot. Moreover, if there are too many players in this industry, the profits of this industry will definitely be harvested by the upstream, just like..."

He pointed to the stainless steel products in the negotiation room, "The price of iron ore is negotiated every year, and it collapses every year. The foreign parties seem to know where our bottom line is, and they can accurately guess our red line every time. Is it such a coincidence? What’s the reason?”

Qing Yun knocked on the table with his knuckles, "I can't say whether there is anyone here who is traitorous to the country, but there will always be people within us who are willing to lower the bottom line and make deals, who want to be smart, and then step on them, and then the entire alliance will collapse. No one can make money, and in the end the bad money drives out the good money.”

He also patted Yang Xu on the shoulder, "Brother, if I don't integrate this industry, the end result will be that I will be beaten to death internationally, and then I will be stabbed by people in China, and they will constantly offer low prices to rob me. Damn it, I will die without a burial place."

Yang Xu was stunned, but after thinking about it, he could only smile bitterly.

In essence, this is how Intel operates.

Faced with Intel's price increases and harvests, whoever is dissatisfied is fine. Intel will immediately support a new person to replace it.

The male pigeon raised the cup, "Wine in the cup! Wine in the cup! Boy, you have to seize this industry transfer trend, it's a once-in-a-lifetime opportunity."

Qing Yun raised his head to wipe out the muddy water and said, "Don't worry!"

Yang Xu, who wiped his lips after drinking the wine, stood up and said, "Well, after this battle, you should be able to develop in peace."

Everyone also stood up, Qing Yun stretched out and chuckled twice.

This hehe made Yang Xu turn around and look at him in shock, "No, you won't have any big plans in the future, right?"

The male pigeon was also paralyzed, but as an investor, he was probably the one who knew and understood Qing Yun's thinking logic best among all the people present.

He understands, but he feels... "Boy, you are still young, walk slowly and be sure."

Qing Yun shook his head, looked into his eyes, and said seriously, "Time waits for no one, I have to grab time."

Yang Xu wanted to ask, 'When did he get so anxious that he chased the motorcycle?' But when the words came to his lips, he swallowed them.

Forget it, be sensible.

This kid has an evil spirit in doing things. Don't ask questions that shouldn't be asked, so as not to show off his intelligence.

In the early autumn, the scenery of Chunxue Villa was actually not that great. The maple leaves were not red either. In the middle of the night, there were only shadows of trees under the street lights.

They just had a late night snack and no one asked for a sightseeing bus to take them back to the villa. They just took a walk and chatted.

After sending Yang Xu and others to settle down in a nearby villa, Qing Yun turned around and looked intently at Qin Manman, who was pretending with his head down and the corners of his clothes pinched.

……

(End of this chapter)