Open business day-to-day

Chapter 406 Achievement
On May 5, Ali officially delisted from the Hong Kong stock market, which caused a lot of momentum in China.

Subsequently, Xingkong Technology Group and Ali jointly announced that Xingkong Technology will use 18.1% of the shares of Ali, a Hong Kong stock, plus 24 billion US dollars in cash, to become a shareholder of Ali Group, holding 18.1% of Ali's shares.

As soon as the news was announced, it immediately caused a sensation.

When everyone was still shocked and public opinion was boiling.

On the morning of the 29th, Ali once again joined hands with Yahoo to announce that they will repurchase 71% of Ali’s shares held by Yahoo with US$23 billion in cash.

After the transaction is completed, Yahoo's stake in Ali will drop to 17%.

The release of this news ignited the media even more.

As we all know, in 05, Yahoo spent 10 billion US dollars in cash, plus all Yahoo’s assets in China, were all merged into Ali, and directly held 40% of Ali’s shares.For so many years, Ari and Yahoo have been a pair of enemies. They have always loved and killed each other, contributing a lot of hot spots to the media.

Today, the relationship between the two parties has come to an end, ending with Ali's repurchase of shares.

Although Yahoo still holds a 17% stake in Ali, it has been reduced to the third largest shareholder, and its voice and influence in Ali have completely declined.

In the future, it will be difficult to have too much influence on the Ali management team headed by Lao Ma.

After this transaction, just one day later, Ali issued a new announcement: CITIC Investment, the National Pension Insurance Fund, the National Venture Capital Fund, and several large state-owned investment companies will spend 14 billion US dollars in cash to invest in Ali.

Attracting state-owned capital to enter the market is also one of Ali's goals, and now it has finally been done.

After this financing, the equity of Ali Group has been completely stabilized.

According to the announcement issued by Ali, Softbank officially became the largest shareholder of Ali with a 28.5% shareholding.

Xingkong Technology Group has become the second largest shareholder of Ali with an 18.1% shareholding.

Yahoo sold 23% of its shares, and still holds 17% of the shares, ranking Ahri's third largest shareholder.

Jack Ma ranks as the fourth largest shareholder of Ali with a shareholding of 8.9%.

Cai Chongxin ranks as the fifth largest shareholder of Ali with a 4.1% shareholding.

Ma Yunjia Cai Chongxin, together with the company's founding team, and the option pool established in the company, together, hold a total of 25% of Ali's shares.

Singapore Investment Fund, Temasek, Fidelity... several investment companies, the shareholding in Ali remains unchanged at 6.5%.

CITIC Investment, the Pension Insurance Fund, and the National Venture Capital Fund, with a valuation of more than US$280 billion, spent US$14 billion to acquire a 4.9% stake in Ali and became a shareholder of Ali, which also represented the official entry of state-owned assets.

This series of equity changes seems to have changed a lot, but in fact the changes are not big.

The operating team headed by Jack Ma and the investment funds headed by Softbank have not changed their shareholdings.

The only thing that changed was Yahoo, which sold 23% of Ali's shares and cashed out 71 billion US dollars.From the largest shareholder, slipped to the third largest shareholder.

And the 23% of the equity recovered by Ali did not warm up in his hands at all, so it flowed out again.

Xingkong Technology Group directly accounted for 18.1%, becoming Ali's second largest shareholder.

The several major state-owned shareholders who were introduced together accounted for 4.9%, and they also became Ali's minority shareholders.

In fact, it is not impossible for these major state-owned shareholders to increase their shareholdings, capital increase and share expansion.After all, having a state-owned platform is also good for Ali's domestic development.

However, although these state-owned assets are optimistic about Ali's potential, they dare not take risks. Who knows what the future of Ali will be like?

Taking out 14 billion US dollars to take 4.9% of Ali's equity has met their expectations.

For state-owned assets, not seeking merit, but seeking no faults, is their way of survival.

It's hard to say whether you can be promoted if you make money, but if you mess up, you will definitely step down.

They dare not take such risks as private companies.

……

This investment in Ali, Xingkong Technology Group had a major hemorrhage, and provided 12 billion U.S. dollars at one time to support this investment.

Since the financial crisis in 08, the dollar began to depreciate and the renminbi began to appreciate. As of May this year, the exchange rate of the renminbi against the U.S. dollar has been fluctuating between 5 and 6.3, and the purchasing power ratio of the renminbi has continued to strengthen.

The 12 billion US dollars directly used the 76 billion yuan of cash of Xingkong Technology Group, which is the largest investment since Lin Rui started his business.

Of course, only $12 billion is not enough!
The Xinghai Technology Group’s stake in Ali this time requires not only US$24 billion in cash. In Hong Kong, Weiyin used financial leverage in order to acquire Ali’s stock, and this time it also needs to be repaid.

In order to absorb Ali stocks, Weiyin spent a total of more than 80 billion Hong Kong dollars, of which only 20 billion Hong Kong dollars were its own funds, and the remaining more than 60 billion Hong Kong dollars were advances from securities companies, converted into US dollars, worth nearly 8 million .

Star Technology Group invested not only US$24 billion in Ali this time, but also repaid US$8 million in leverage, requiring a total of US$32 billion in funds.

It is naturally impossible for Xingkong Technology Group to take out such a large amount of money at once, and the company does not have so much cash.

The old method is still adopted, using Ali's equity as collateral, borrowing from the bank, and conducting leveraged buyouts.

In Zhao Yan's plan, the investment in Ali this time is 32 billion U.S. dollars.Xingkong Technology Group only needs to invest 8 million US dollars, and the remaining 24 billion US dollars will be borrowed from several major banks by means of financial leverage.

The company also adopted this method in the early stage, and has already contacted the bank.

However, although Xingkong Technology Group contributed 8 million US dollars, the remaining 24 billion US dollars is still not a small amount, and several banks are very cautious about this.

According to Zhao Yan, it is not difficult to get the loan this time, but the process will be very long. The bank will conduct a risk control investigation for one to two months, or even several months, before the funds can be approved.

But Lin Rui can't wait that long, since the bank is worried, then increase the amount of capital contribution of Xingkong Technology, so that the bank can rest assured.

Therefore, in this investment case, Xingkong Technology Group took out 12 billion U.S. dollars in cash at one time, and the funding gap was only 20 billion U.S. dollars, which greatly reduced the leverage ratio.

With a fund of 12 billion US dollars as a base, the risk of the bank was minimized. As soon as Lin Rui made this move, the bank's risk control passed in an instant.

Subsequently, Xinghai Technology Group used 1% of Ali Group's equity as collateral, and easily obtained a loan of 8.1 billion US dollars from ICBC, China Construction Bank, and Zhongyuan Bank.

The acquisition of Ali's equity has finally come to fruition.

It's just that the Xingkong Technology Group was siphoned out of 76 billion in cash, leaving only more than 20 billion in the account.

However, Lin Rui believes that after Ali goes public in two years, he will definitely get a satisfactory return.

……

With funds in mind, how can I get more system rewards?
Suddenly remembered that in January, the system changed the reward method of the year-end bonus.

Based on 4% of the total annual revenue of Weiyang Technology, a 62-fold reward was carried out, and more than 200 billion were rewarded at once.

It would be nice if there were more rewards like this.

It's a pity that this kind of reward is limited, and it is only for the technology industry. The higher the technology content, the more rewards.

Such as real estate, commodity retail capital, etc...In industries with relatively large cash flow, the system will only reward one-thousandth to 1% of the total revenue. No matter how powerful the development is, it is not a technology company, and it cannot break through the 1% mark .

Otherwise, this is a good way to collect rewards.

Thinking of this, Lin Rui's heart suddenly moved. The retail industry is not within the scope of rewards, but e-commerce companies like Ali and JD.com are!

It should be considered a technology company!
Can such enterprises break through the 1% limit.

Thinking of this, his eyes light up. If possible, this is definitely a good way to get rewards from the system.

Then Lin Rui began to ask the system.

System: The e-commerce industry is a technology company, which is not within the limit and can break through the 1% limit.

System prompt: Since the e-commerce industry is mainly retail, the capital flow is relatively large, which will reduce the system evaluation.System rewards can break through the 1% limit, but compared to other types of technology companies, reward growth is more difficult.

Seeing the system's reply, Lin Rui's heart was completely relieved. He was not afraid of the difficulty, as long as he could break through the 1% limit, it would be a great benefit.

Moreover, according to the system's new year-end reward method, the higher the revenue and the higher the technological content, the more rewards there will be.

Lin Rui has nothing to do with the technological content and needs to develop slowly, but there is a lot of room for manipulation in revenue.

How to increase the company's revenue, Lin Rui is more inclined to the Amazon model than the Ali model.

Ali is just a platform. He does not sell anything himself, but takes a commission from it and collects advertising and marketing fees. The sales data on the platform is not counted as its revenue.

Amazon sells things by itself, and the products sold are its own revenue.

Compared with the two, one only takes a commission from it and charges advertising and marketing fees, and the other directly sells things by itself.

Ali's revenue is more valuable than Amazon's, but Amazon's revenue absolutely crushes Ali.

The business models of the two are fundamentally different.

According to the reward rules of the system, the higher the revenue data, the more rewards will be given.

If you want to get more system rewards, obviously, it is more appropriate to choose the Amazon model.

Moreover, there is already a pioneer in China, JD.com, and adopting JD.com's direct sales method will obviously get more revenue data.

Lin Rui thought for a while before putting away his thoughts.

This is not a trivial matter. Next, he needs to find someone to research the market and make a good evaluation.

If it is feasible, the next step is to get involved in the e-commerce industry.

Maybe it can really do something!
……

In the afternoon, Lin Rui went to the Luojingyuan villa area. After half a year of decoration, his ultra-luxury villa covering an area of ​​eight acres has already completed the hard decoration work. We can officially move in.

The designer accompanied Lin Rui around inside. The style of this villa inherits the essence of traditional Chinese architecture and maintains the elegance and simplicity of traditional architecture.And extremely luxurious, marble steps, expensive carpets, jade stone statues, complicated lighting...extremely luxurious.

The two styles complement each other, and the matching is seamless and just right.

I visited the interior of the villa, and looked at the oversized heated private swimming pool and the luxurious garage that can accommodate 20 cars.

Finally came to the backyard of the villa, a luxurious martial arts training ground covering an area of ​​1000 square meters.

The various exercise props and equipment equipped in the field are more professional than professional gymnasiums and martial arts halls, and all are the top equipment in the industry.

It cost more than 5000 million to build this training ground alone.

It is estimated that the entire villa will cost [-] million after the decoration, plus the soft furnishings.

Expensive is a bit expensive, but seeing the decoration effect, it is worth the money.

After visiting the villa inside and out, Lin Rui was very satisfied, but he had to wait another two or three months to move in.

At this time, the people from Landun also came, and several security personnel were very professional and refined. Lin Rui walked over and asked them to connect with the designer of the villa.

Next, regarding the various security issues of the villa and the installation of various professional equipment, the designer of the villa and these professional security personnel will jointly discuss the layout and use it as a template to create.

Lin Rui also wanted to see what the skills and professional abilities of these top security personnel he poached from world-class security companies with high salaries were.

After dealing with these matters, Lin Rui drove away from the Luojingyuan villa area and headed towards Luo University.

It was already the end of May. He had just passed his dissertation defense a few days ago, and when he received his graduation certificate next month, he officially graduated from university.

Thinking about it really makes people feel emotional, four years, in a blink of an eye, he has also changed from a green student at the beginning to a business tycoon today.

In life, it is really amazing.

Lin Rui walked on the campus, ignoring the curious eyes of others, and walked around to look around.

Walking through those familiar places again, I felt some inexplicable feelings in my heart.I can't say whether it is loss or disappointment. From now on, I will bid farewell to my student status.

And he will completely let go of his hands and feet, and sway his life wantonly.

After wandering around the campus for a while, completely releasing the emotions in his heart, Lin Rui got into the car and left the school.

When I got home, I took out a bottle of red wine, went to the observation deck on the roof, and sipped it slowly while overlooking the surrounding scenery.

Really know how to be the top of the mountain, and look at all the small mountains!

With so much money, there are not many things that can annoy and interest him. Money has already solved 99.9% of his worries and problems.

The rest is to sway your youth and ideals wantonly, let yourself go, and experience a more exciting life.

After thinking about it, I called Han Yunsong and asked him to contact Luo University and donate 5 million yuan in his own name, which is considered to be a contribution to the school before graduation.

Special arrangements have also been made for the use of the money.

Neither the building nor the library is donated. The 5 million funds are divided between teachers and students.

Among them, [-] million yuan is dedicated to the welfare of teachers. Whether it is the introduction of talents, or the haircut of each person, or as a fund-raising fund for the construction of teachers' apartments, it can be spent on teachers, as long as it is spent on teachers.

The other 3 million yuan, as welfare for students, can be used for various purposes, such as meal subsidies, each student will be compensated a few hundred yuan per month for meals; Internet fees, all Internet use in dormitories is free; or various Student benefits.

Things were arranged properly, Lin Rui let out a long breath, the money was spent very easily.

(End of this chapter)