Open business day-to-day

Chapter 417

The eighth loan also occurred in September 11.

At that time, Weiyang Science and Technology Investment Fund invested heavily in Meituan and DJI drones successively, and the 10 billion investment quota was spent in sevens and eighties.

After communicating with ICBC, they gave a loan amount of 1:3. Weiyang Technology came from 7 million yuan, and ICBC gave a loan amount of 21 billion in proportion.

Formed a total of 28 billion Weiyang Technology Investment Fund.

21 billion is not too much, Lin Rui waved his hand, "Return it!"

The ninth loan occurred in October 11.

At that time, Changjiang Industrial was going to sell the Twin Stars Building located in the east area of ​​Los Angeles. There were not many people in Los Angeles who had the strength to take over the offer, so Lin Rui just happened to take a fancy to it.

It is planned to be renovated and used as a company headquarters building.

After nearly 20 days of negotiations, the two sides hit it off and reached an agreement.

Weiyang Technology took over the 17-square-meter Gemini Building from Cheung Kong Industrial at a price of 28 billion, and there is also an undeveloped commercial land of more than [-] acres next to it.

Now that the Gemini Building has been renovated, the more than 100 mu of commercial land has also been developed into a garden of Jiangnan Teachers.

Soon, Weiyang Technology will be able to officially settle in.

For this acquisition, Weiyang Technology actually invested 4 million yuan, and the remaining 13 billion funds were mortgaged by the property rights of the Gemini Building, and a loan was made from the bank.

Now that the company has more than 600 billion cash in its account, it is naturally not short of the 13 billion.With a swipe of Lin Rui's pen, the loan was repaid, just in time to get the property rights back.

The tenth loan also occurred in October.

In order to fight against Tencent, at the end of October last year, Weiyang Technology fully acquired WhatsApp at a price of 10 million U.S. dollars, and launched the domestic version of WeChat.

It was this acquisition that allowed Weiyang Technology to break out of the country and enter the global market.

This financing can achieve such a high valuation, and this acquisition is indispensable.

For the 4.5 million US dollars required for the acquisition, Weiyang Technology only paid 1.5 million US dollars, and the remaining 3 million US dollars was provided by ICBC.

According to today's exchange rate, 3 million U.S. dollars is worth about 19 billion yuan, which is not much.

Lin Rui waved his hand, "Repay it!"

The No.11 loan occurred in December 11.

As Weiyang Technology prepares to build its own video platform, it needs a large number of film and television copyrights.

Therefore, taking advantage of the chaos in the copyright market, the prices of film and television copyrights are low.Weiyang Technology and Zhongyuan Bank jointly established a copyright acquisition fund with a total amount of 40 billion yuan.

Among them, Weiyang Technology invested 8 million yuan, and the other 32 billion yuan was provided by Zhongyuan Bank.

Today, the 40 billion copyright acquisition fund has basically been consumed.

Most of the domestic movies, TV dramas, variety shows, and the online broadcast copyrights of various domestic popular programs have been acquired by Weiyang Technology.

It can be described as a remarkable achievement!

Lin Rui thought for a while, although 32 billion is a lot of money, it's actually just that, let's pay it back!

The No.12 loan occurred in January 12, which is January this year.

Weiyang Technology spent another 48 billion yuan after a game, and won a 16% stake in Zhongyuan Bank.

For this acquisition, Weiyang Technology invested 10 billion and borrowed 38 billion from the bank to complete the equity acquisition.

After the transaction, Weiyang Technology's shareholding in Zhongyuan Bank reached 28%, directly becoming the largest shareholder.

However, this loan is different from other loans. With the financing of Weiyang Technology, the shares of Zhongyuan Bank were transferred by Lin Rui to the name of Star Technology Group last month.

Although, the first loan of 12 billion to buy 28 points of equity still stays with Weiyang Technology.This 38 billion loan was brought to Xingkong Technology Group along with the equity.

Therefore, this loan does not need to be repaid by Weiyang Technology, and has nothing to do with Weiyang Technology.

The No.13 loan occurred in March this year.

With another big investment in Meituan, Are you hungry, Xiaomi... and many other start-up companies, the total investment fund of 11 billion yuan raised in November last year was once again spent.

Therefore, Weiyang Technology and ICBC once again established an investment fund with a total of 80 billion yuan.

Among them, Weiyang Technology invested 20 billion yuan, and ICBC jointly contributed 60 billion yuan.

The total investment fund of 80 billion yuan has only been spent less than half.

Lin Rui thought for a while, and there is no need to return the 60 billion to ICBC in such a hurry. Leveraged investment is the norm.

With the financing of Weiyang Technology, most of the equity in the start-up company it held was transferred to the name of Xingkong Technology Group.

From now on, Weiyang Technology and Xingkong Technology Group can also be regarded as two separate companies.

Previously, Weiyang Technology already had a high shareholding in start-up companies such as Xiaomi, Meituan, Ele.me, DJI drones, etc.

The founders of these companies consider the future of the company, except for those who are already controlled by Ele.me, it is difficult to accept a further increase in Weiyang Technology's shareholding ratio.

Now, Weiyang Technology and Xingkong Technology are divided into two independent companies, and most of the equity of start-up companies held by Weiyang Technology has been transferred to Xingkong Technology.

Today, Weiyang Technology's shareholding in these startups is very low.Previously, due to the high shareholding, the company could not continue to invest.

Now, you can justifiably continue to invest.

The No.14 loan also occurred in March this year.

In order to enter cloud computing, seize the market on a global scale and build data centers.Weiyang Technology and Zhongyuan Bank have established a data center construction fund with a total of 150 billion yuan.

Among them, Weiyang Technology invested 30 billion yuan, and Zhongyuan Bank jointly invested 120 billion yuan.

Same as the last loan, the total 150 billion data center construction funds have just been spent 60 billion, and there are still nearly [-] billion funds in the account.

The money has not been spent yet, so naturally there is no need to pay it back.

The No.15 loan also occurred in March this year.

Out of consideration for the future layout, it also takes into account the importance of electronic maps and navigation in the era of mobile Internet.

After several months of negotiations, Weiyang Technology fully acquired AutoNavi for US$4.7 million.

This acquisition, due to the good commercial value of Gaode map, the bank also recognized it.

Weiyang Technology only invested 1.2 million U.S. dollars, and the remaining 3.5 million U.S. dollars were all financed by Bank of Communications.

According to the current exchange rate, 3.5 million U.S. dollars, converted into RMB, is about 22 billion.

Lin Rui thought about it, there is no need to keep this little loan, "Pay it back!"

The No.16 loan was in May this year.

Weiyang Technology has acquired Shanda Literature at a price of 35 billion. Together with its Weiyue Chinese website, it has established Weiyue Culture Media Company.

For the purchase price of 35 billion, Weiyang Technology invested 25 billion, and the other [-] billion was settled by bank loans.

Now that I have money, there is no need to keep the loan, let's pay it back!

So far, Weiyang Technology has sorted out all the credits and loans since its establishment.

As for the investment in Ali, the acquisition of a chip company... and other actions, it is the Xingkong Technology Group that is operating, and it has nothing to do with Weiyang Technology.

Lin Rui made a careful count of all credit lines and financing loans of Weiyang Technology since its establishment:
第一笔2.4亿；第二笔2.5亿；第三笔5亿；第四笔8亿；第五笔28亿；第六笔40亿；第七笔16亿；第八笔21亿。

第九笔13亿；第十笔19亿；No.11笔32亿；No.12笔38亿；No.13笔60亿；No.14笔120亿。

No.15 is 22 billion; No.16 is 25 billion.

All sixteen strokes plus one piece, the total amount is as high as 452 billion.

Lin Rui was a little confused when he saw the figure of 452 billion.

This time, Weiyang Technology raised 98 billion US dollars, which was exchanged for more than 600 billion yuan, which was originally thought to be very high.

Unexpectedly, all kinds of credits and loans in the past would add up to 452 billion, which made people dumbfounded and amazed.

However, this is just the total amount of past loans and various credits, and the total debt is not that high, so there is no need to pay so much at once.

For example, the No. 12 loan of 38 billion was transferred to Xingkong Technology along with Zhongyuan Bank's shares, and it no longer belongs to Weiyang Technology's liabilities.

The 38 billion is removed.

Also, No.13 has a 60 billion amount, forming the Weiyang Technology Investment Fund with a total amount of 80 billion.

Nowadays, more than half of them have not been invested, and they are not considered debts.

Moreover, in the investment industry, the use of leverage is a routine operation. The 60 billion can be said to be loans or leveraged funds.

As an investment fund that is already formed with leverage, naturally there is no need to deleverage and return the money.

Otherwise, the company would not be able to withstand the investment with its own cash alone.

There are also No. 14 credit loans with a total amount of 120 billion, plus the 30 billion cash provided by Weiyang Technology, forming a data center construction fund with a total amount of 150 billion.

It is used to build data centers around the world to strengthen the company's cloud computing business.

The 150 billion construction funds have just spent 60 billion, and now there are nearly [-] billion in the account.

The money has not been spent, and there is no need to pay back these funds now.

Roughly speaking:
Weiyang Technology has generated 452 billion credits and loans since its establishment, excluding the No.12 debt of 38 billion that has been transferred to Xingkong Technology.

Weiyang Science and Technology Investment Fund with a credit of 60 billion, and a data center construction fund with a credit of 120 billion.

The remaining total loans are still as high as 234 billion.

Regarding the other 13 loans, Lin Rui thought about it for a while and decided to pay them off in one go.

Of the US$98 billion raised this time, US$65 billion was converted into RMB, and the remaining US$33 billion was placed in Weiyang Technology’s overseas account to support the company’s overseas expansion.

Before the financing, Weiyang Technology had more than 50 billion cash in its account. According to the current exchange rate, 65 billion U.S. dollars was converted into RMB, a total of about 410 billion.

Including Weiyang Technology's existing funds, the total amount of funds in the account is as high as more than 460 billion.

After repaying the 230 billion loan, the company still has 230 billion yuan in the account and 33 billion US dollars in cash in overseas accounts.

Now, Lin Rui was completely relieved. Except for the remaining two credit lines with a total of more than 100 billion yuan, he had completely paid off the remaining thirteen loans.

Next, Lin Rui began to increase investment in Weiyang Technology's major business sectors.

First allocate 20 billion yuan to Youshi video platform for the shooting of self-produced dramas and the production of some variety shows.

It can also support some content creators and publish some of their own works on the superior video platform like foreign YouTube.

Another one billion yuan will be allocated to support Youyi's live broadcast platform, which will be used to train and support more anchors, so as to make the content of the live broadcast platform more diversified.

Organize various activities and master more high-quality resources.

You can also try to support the major live broadcast guilds, so that Youyi live broadcast platform can firmly sit in the position of the leading live broadcast website.

In addition, capital injections will also be made for the already independent Shangdong Music Platform and Weiyue Culture Media Company.

According to the shareholding ratio, Weiyang Technology injected 18 billion into Weiyue Culture Media Company, and Xingkong Technology Group cooperated with the capital injection of 12 billion, and jointly completed a capital injection of 30 billion yuan into Weiyue Culture Media Company.

There is also Shangdong music platform, Weiyang Technology injected 15 billion yuan into it, and Xingkong Technology cooperated with it to inject [-] billion yuan.

Jointly completed the capital injection of RMB 25 billion to Shangdong Music Platform.

After throwing out more than 60 billion again, the total amount of cash left in Weiyang Technology's account is:
The domestic account balance is 170 billion yuan, and the overseas account balance is 33 billion US dollars.

That's not enough. Next, Lin Rui began to carry out a new round of expansion and recruitment of Weiyang Technology in major R&D centers around the world.

It is expected to expand enrollment by another 1 people, including 6000 overseas and 4000 domestic.

Not only to speed up the research and development of the operating system, but also to let the technical strength of Weiyang Technology reach the world's top level.

After some operations, the money was spent like flowing water, and the strength of Weiyang Technology also began to rise rapidly.

Especially now that there are no debts, except for the two credits to Weiyang Technology Investment Fund and Weiyang Technology Data Center Construction Fund.

Today, all debts incurred by the company since its inception have been wiped out.

Let Lin Rui also relax.

……

At the same time, after the hard decoration was completed, the Gemini Building was exposed to the sun for two months, and now the soft decoration has finally been completed and it can be officially settled in.

This twin star building consists of a 49-story, 18-square-meter building and a 36-story, [-]-square-meter building.

These two buildings are connected to each other through several space corridors, forming the Gemini Building.

Regarding the allocation of these two buildings, Lin Rui has considered for a long time, which one will be used by Weiyang Technology and which one will be used by Xingkong Technology Group.

Ordinarily, Xingkong Technology Group, as the holding company of Weiyang Technology, is also wholly owned by Lin Rui, and the head office that controls other industries should settle in the largest building, the 49-story building.

Lin Rui considered for a long time, but decided to allow Weiyang Technology to settle in a 49-story building, and Xingkong Technology Group to settle in a 36-story building.

Without him, Weiyang Technology's current scale is suitable for using this building.Even if Xingkong Technology Group occupies it, not many people use it.

In the future, when the conditions are right, Xingkong Technology Group can build its own new headquarters.

Even in the future, Weiyang Technology will be able to spend huge sums of money to rebuild a new headquarters if it has too much money to spend.

Add two more landmark buildings to Los Angeles.

(End of this chapter)