Winning the new financial era

Chapter 20 Series A Financing Conference
The general framework has been negotiated, and the remaining details will be completed by the affairs of both parties.

The general content is as follows:

"First, Black Shirt Capital invested US$4000 million to lead the investment, and Zhenke Fund invested US$1000 million to follow the investment. The A round of financing totaled US$5000 million, with an initial payment of US$2500 million, and the remaining 3 million after three months Dollar.

Second, form a board of directors, with Zhang Yida serving as chairman and CEO, Lin Zhenyang serving as COO, Zhou Feng serving as CTO, and Blackshirt Capital dispatching CFO to Ruixiang Technology.Shen Beipeng and Xu Xiaoming served as directors of the company. "

Third, to build a VIE structure, Zhang Yida registered and established Yizhou Overseas, a BVI company controlled by a sole proprietorship, in the British Virgin Islands.Yizhou Overseas + Lin Zhenyang’s BVI company + the BVI company of the employee stock ownership platform holds 80% of the shares of Ruixiang Cayman, which is established in Cayman, and the Cayman subsidiary of Blackshirt Capital holds 15% of the shares of Ruixiang Cayman. The Cayman subsidiary of Ruixiang Fund holds 5% of the shares in Cayman.Ruixiang Cayman, which is jointly controlled by the management of the company and venture capitalists, holds 100% of the shares in Ruixiang Hong Kong, and Ruixiang Hong Kong has set up a domestic wholly-owned subsidiary WFOE. Sign a series of agreements with Technology Co., Ltd., including: "Equity Pledge Agreement", "Business Operation Agreement", "Equity Disposal Agreement", "Exclusive Consulting and Service Agreement", "Loan Agreement", and "Spouse Statement".Through these agreements, Ruixiang Cayman, the parent company registered in Cayman or the British Virgin Islands, finally controls the Chinese domestic company Jingcheng Ruixiang Technology, allowing it to operate domestic enterprises, distribute and transfer profits in accordance with the will of the foreign parent company. Finally, the operating profit will be transferred to the overseas parent company after tax payment.

When the change was completed, Zhang Yida completed the sale of 1% of the shares and Blackshirt Capital at the same time, and got 250 million US dollars, and there was 200 million US dollars left after paying taxes.

The shares turned out to be 80% held by Zhang Yida + 10% held by Lin Zhenyang + 10% held by the employee-owned platform Ruixiang Enterprise Management Company.Lin Zhenyang gave Zhang Yida the 7% shares that Lin Zhenyang will get in the next two years to him at one time, but he also signed relevant agreements, the shares cannot be traded before listing, and he cannot leave the company within three years, etc.

After the venture capital enters the change, 20% of the shares are diluted, and the shareholding structure becomes as follows:
张益达持股63％+林真阳8%+锐向企业管理8%+黑衫资本17%+真科基金4%。

Because Zhang Yida and Lin Zhenyang hold B shares, the voting rights are 10 times that of A shares, so Zhang Yida has 85.25% of the voting rights, Lin Zhenyang has 10.83% of the voting rights, and the combined voting rights of the two have reached 96%. And more.So the control of the company is still very solid.

It was already the end of November after all the matters of the wind investment stock had been dealt with.

On this day, the Double Creation Center was decorated with lights and festoons, cleaned inside and out, and a red carpet was laid at the door.

This is Zhang Yida's reward, Zhou Chengdong's reward.

The press conference of the A round of financing rejected the five-star hotel suggested by the venture capitalists, but placed it in the Double Innovation Center, where he started.

The 5A Grade A office building outside has already been rented. The second floor is nearly 2 square meters. It is undergoing urgent renovation.The golden phoenix flying out of Ruixiang Technology, a dual-creation center, will take off nine days above.

Zhang Yida is wearing a haute couture suit today, his hair is also combed into a greasy head, and with his tall and straight figure, he murders countless films when he walks on the red carpet.

There are quite a few media reporters here today. I heard that Peking University has a business genius who raised $18 million at the age of 5000 and has a company valuation of $2.5 million.So the media reporters rushed to Beijing University like flies seeing blood, and a black crowd surrounded the entrance of the red carpet.

"Excuse me, Mr. Zhang Yida, what is the reason or what kind of considerations prompted you to establish Ruixiang Technology Company?" Nanfang reporter interviewed.

"Excuse me, Mr. Zhang Yida, you have such a good appearance and temperament, have you ever considered entering the entertainment industry?" Souzhu Entertainment reporter asked.

"Excuse me, Mr. Zhang Yida, you have achieved today's achievements at the age of 18, what words or experience do you have to give to your peers or young people who start businesses today?" a financial reporter asked.

……

A lot of microphones were handed to Zhang Yida, and the security personnel surrounded the reporters tightly, otherwise the microphones would be inserted into Zhang Yida's mouth.

"Everyone, don't panic, first of all, I would like to thank all friends from the media for their presence.

Don't worry about your questions, I will answer them one by one. "

Zhang Yida was also taken aback by this battle, but he still spoke calmly.

After briefly introducing Ruixiang Technology Company, and answering a few questions from reporters.

Shen Beipeng and Xu Xiaoming arrived, and Zhang Yida put aside the interview here and ran over to greet them warmly, and they entered the Double Creation Center together.

Afterwards, the principal of Capital University and other school leaders also arrived, and they entered the road show hall of the Innovation and Entrepreneurship Center together.

In the road show hall, Zhang Yida and Lin Zhenyang, Xu Xiaoming and Shen Beipeng were on stage.

The first row under the stage was the leaders of various schools, and Zhou Chengdong, as the director of the Innovation and Entrepreneurship Center, was also arranged to sit in the first row.

In the back row are the employees of Ruixiang Technology and various reporters.

On the stage, following the signing of the venture capital cooperation agreement between Zhang Yida and the two parties, the contract texts were exchanged, and they shook hands tightly so that the media below could take pictures.

The sound of "click" camera shutters was heard endlessly, and the flash lights illuminated the entire road show hall.

Next, Zhang Yida reported as a spokesperson:

"First of all, I would like to thank all the leaders and guests for coming to the A-round financing conference of Ruixiang Technology Company.

……

Thanks to the school and the alumni association for providing such a good office environment in the Innovation and Entrepreneurship Center.

I would also like to thank Mr. Zhou Chengdong for his care and guidance on his entrepreneurial journey.When I encountered difficulties several times, it was Mr. Zhou who answered my questions and guided me in my life and entrepreneurial direction.So here, I want to say: "Teacher Zhou, you have worked hard!"

finished.Also bowed.

Finally, I would like to thank Shen Beipeng from Heishan Capital and Mr. Xu Xiaoming from Zhenke Fund for filling up the chariot of Ruixiang Technology and solving our worries for the future.

Ruixiang Technology will definitely live up to everyone's expectations and will become a successful and great Internet financial enterprise with world-class high-tech. "

Zhou Chengdong was very happy. First, the school leaders gave a positive evaluation of his work, and then Zhang Yida mentioned his name several times in the work report and gave him various thanks!I really got enough reputation today, haha!This kid is not in vain, he is a good guy who will repay his kindness!

The next part was to answer reporters' questions. The reporters who hadn't asked enough questions just outside on the red carpet rushed to raise their hands.

Zhang Yida picked a female reporter at random, and the female reporter stood up, took the microphone and asked with a smile:

"May I ask student Zhang Yida, as an 18-year-old, what plans and arrangements do you have for your future life and company?"

Zhang Yida took the microphone and said:

"The future of life is definitely about finishing college and then taking the company to greater heights."

The female reporter asked again:

"I would like to ask Mr. Zhang Yida, if there is a conflict between career and love, how do you coordinate the relationship between the two?"

Zhang Yida smiled brightly and said:
"First of all, I don't have a girlfriend yet. But I have someone I like, and I think she is also very supportive of my career."

After finishing speaking, he glanced at Zhao Erya, who was sitting by the wall and staring at himself on the stage intently.

Zhao Erya was caught by her gaze, and her heart was pounding like a deer.Can't panic.Is he confessing to me in public?So ashamed?His face turned red all of a sudden, and he quickly buried his head.

Then another financial reporter asked:
"Ruixiang Technology has successfully launched three products so far, and they are all successful. What new plans and directions do you have for future work?"

Zhang Yida replied:

"The future work will mainly focus on polishing products and improving services. It is our aim to bring more convenient financial services to users. At the same time, we will further increase publicity so that more people can use our products and enjoy financial services. Convenience and speed.”

It was Xu Xiaoming's turn to be interviewed next, and the reporter asked:
"There was Chen Ou in the front and Zhang Yida in the back. What kind of considerations or reasons make you like investing in young people so much?"

Xu Xiaoming's eyes narrowed into cracks, he laughed loudly and said:

"Because young people have dreams, I like to pay for their dreams and give them more opportunities. This is my investment style."

Xu Xiaoming smiled happily, and advertised well, and the character design is also perfect.In the future, young people who start businesses will come to me!
Many people are also the first to find him because he has the best design and is known as the most popular angel investor.This means that he can get more opportunities than his peers, and can contact and screen commercial projects one step earlier.The same is true for Zhang Yida, who is the first choice for angel investment.

Next, Shen Beipeng answered questions. The question asked by the reporter was: "What is the most important thing about Ruixiang Technology? Or what is the most worth investing in?"

Shen Beipeng glanced at the heroic Zhang Yida, and replied:

"The most important thing is people, and talents are the core competitiveness. No matter how good a business project is, without a suitable helmsman to steer it, it will just capsize the sea.

Zhang Yida has all the advantages of being an excellent entrepreneur. I am optimistic that he will become the youngest CEO of a listed company on the NYSE. "

Shen Beipeng was also very shrewd, thinking that he had already invested anyway, and boarded Zhang Yida's boat.If I praise him more, it will also help to enhance his reputation, and if his reputation is enhanced, the reputation and influence of Ruixiang Technology will also increase accordingly.This is of great benefit to the development of Ruixiang Technology and the next round of valuation.

The financing conference was successfully concluded, followed by the release of press releases.College student entrepreneurs, young entrepreneurs, and Internet financial pioneers have all been labeled and haloed on Zhang Yida's head.

In school, Zhang Yida also became a man of the hour, attracting attention wherever he went.Beijing University's Weiming Lake BBS is also full of his posts.Ask if he has a girlfriend?Are you recruiting a partner?
For these troubles of becoming famous, Zhang Yida could only bear it helplessly.

"If you want to wear a crown, you must bear its weight!"

(End of this chapter)