My Age of Investment

Chapter 800: Face base

   Chapter 800 Face Base

  Three days later.

  Sun Hongbing replied as promised: sell!

  In the recently leased Zhongguancun headquarters office of the Renaissance Industry Holding Group, the two parties signed an equity transfer agreement.

The reason why    is an agreement of intent is that it has to do some due diligence.

  No matter how much Xia Jingxing believes in investing in land and production capacity to make money, there are some pitfalls, such as debt and other issues that still have to be paid attention to.

  After signing the agreement, Sun Hongbing seemed to have taken off the heavy burden and left with ease.

  Chen Hong did not leave, but stayed and chatted with Xia Jingxing for a while.

   "Why put the headquarters here? You are an industrial mixed Zhongguancun inappropriate?" Chen Hong teased.

  Xia Jingxing smiled, "I solemnly declare that we are industrial technology! High-end manufacturing!"

   "Cut, you are a seller of pots and pans, and you have acquired a few companies, and you start to tremble. You are still playing under the guise of high-tech. Be careful when the Zhongguancun Management Committee kicks you out."

  Chen Hong deliberately ridiculed, Xia Jingxing was often ridiculed by them because of the acquisition of Supor.

  Now it’s different. Chen Hong knows that Xia Jingxing has already begun to integrate the home appliance industry and intends to enter the semiconductor industry on a large scale, if we add the existing mobile phones and automobiles.

  Finally, there are already four industries.

  And there are some commonalities between each other, such as chips can be installed in household appliances, consumer electronics, electric vehicles;

  Air conditioners can also be installed in electric vehicles;

  Mobile phones can even control household appliances and cars;

  ……

  Xia Jingxing explained to him about the Internet of Things, smart homes, and smart cars, and Chen Hong was stunned.

  But smart phones have already been made, and what Xia Jingxing told him is not unimaginable.

  "Are there any difficulties in acquiring Sunco's 2 billion yuan?"

  Xia Jingxing gave Chen Hong a glance, and said with a smile: "Do you know that I am in difficulty and plan to help the poor?"

   "Your boy is fat and oily, do you still need my support?"

   Having said that, Chen Hong knows that Xia Jinghang’s capital chain must be very tight.

why?

  Because the funds of the mobile phone company have been embezzled by Xia Jingxing several times.

  The initial investment of more than four billion yuan, except for the several hundred million that has been spent on research and development in recent years, the rest was embezzled by Xia Jingxing to the Fuxing Industry Group and a private equity investment fund called Mangzhong.

  In fact, this has seriously violated the interests of the minority shareholders of Hanergy, a mobile phone company, but who makes everyone a friend? And the mobile phone company has also made such a dazzling mobile phone.

  After trying out the prototype, Chen Hong is quite sure that this phone will be enough to establish its status in the world.

  After all, Xia Jingxing took care of him and took him with him to make money, so he would not care about certain things.

   "Really out of money? If necessary, it is okay to give you a few hundred million for emergency response." Seeing Xia Jingxing's silence, Chen Hong hurriedly added another sentence.

  Xia Jingxing shook his head. Although the 2 billion fund for the acquisition of Sunco was paid off in one lump sum, it will basically be a month or two after the due diligence is completed.

  He has notified Zhao Jun, who is in charge of the Mango Seed Fund, to pledge part of the listed company’s stocks in exchange for part of the working capital.

  Vision Capital America has long since allined all the funds. The domestic penguin stocks and home appliance company stocks can be pledged almost by him. The mobile phone company’s account is even more clean.

  Vision Capital’s venture capital funds in China and the United States still have some surplus, but to protect daily investment, it is impossible to borrow for a long time.

  At the same time, none of the startups invested by VC funds has successfully listed, and none of them have reached the height of Facebook. It is difficult to pledge loans.

  So, after going through the four pockets, Xia Jingxing found that there was really no drop left.

   On the surface, he is the richest man. In fact, he should also be the most indebted person in China, owing tens of billions.

  Some time ago, the Internet questioned that he was the first loser, and he really did not wrong him.

  Chen Hong reminded: “Sunco’s 2 billion equity acquisition is only an initial investment. If you want to revitalize this real estate company, you still need to invest several billion.”

  Xia Jingxing nodded, "I know, but don’t fully revitalize it. Just invest some money to maintain daily operations, and external expansion will be temporarily stopped."

  Chen Hong said, "You are the richest man, and the bank should save face and temporarily stop collecting debts, but you still have to pay the interest!"

  Once the expansion stops, for real estate, it is tantamount to chronic suicide. "

  Xia Jingxing smiled, “It’s okay, just stick to it for a year, and then I will re-plan the real estate company.”

  Xia Jingxing knows very well that after joining Sunco, there is still a lot of trouble waiting for him. Solving the problem is very simple. Quickly throw money to clean up the mess left by Sunco.

  But the point is that there is no money now!

  He doesn't care about the bank interest. The stock market returns are much higher.

   After this year, he injects large-scale capital into Sunco and either develops or sells all the land.

  The reason why he likes Sunco is that he mainly valued those plots, which is considered to be a copy of the bottom.

After    and other land prices, housing prices rebounded, his "staff room" plan would have the first pot of gold.

  He didn't deliberately fry the land. It's just that some of Sunco's land is useless to them, and the Fuxing Industry Group did not expand to those cities and could only sell it.

  There are factories in places like Magic City and Xuzhou, and the land can be reserved to build staff rooms.

   "Okay, you know it for yourself, don't buy a bag and come back."

  Chen Hong is not yet clear about Xia Jingxing’s staff room plan. Seeing that Xia Jingxing has his own plan, he did not mention this topic again.

  …………

  …………

  The next day.

  A Gulfstream private jet landed in Pengcheng.

  As soon as Xia Jingxing and his entourage walked out of the airport, they saw the convoy sent by Skyworth TV to pick them up.

  Then they got on the bus and drove to the Skyworth Industrial Park in Bao'an District.

  Skyworth’s current CEO Zhang Xuebing led a group of people to wait in front of the office building early. When Xia Jing got out of the car, a group of people immediately surrounded him.

   "Mr. Xia, you are welcome to inspect the work."

  Zhang Xuebing is in his forties, his hair is a little bald, and he has a familiar taste of Trump when he opens his mouth.

  Xia Jingxing almost forgot that the Skyworth CEO and he are still fellows.

   "President Huang admires you very much and has been recommending you to me very hard. Work hard. There is a bigger stage waiting for you."

  Xia Jingxing encouraged a few words, and then let Zhang Xuebing lead him to tour Skyworth's technical laboratory and various research and development results.

  There is a new brand that was released only a month ago, Internet TV Coocaa TV, the world’s first LCD TV equipped with a 3G-USB interface;

  The V12 digital engine developed by Skyworth Silicon Valley in the United States for more than 7 years, which is a super core technology chip for processing high-definition TV signals;

  The six-primary color that has obtained the national patent, a special technology to improve the brightness, contrast and clarity of the color TV screen.

  Furthermore, Zhang Xuebing also told Xia Jingxing that Skyworth is developing an Internet TV operating system.

  After visiting, Xia Jingxing was very satisfied, and felt that he was one step closer to Mr. Jia’s ecologicalization.

  General Manager Jia’s Internet TV, in fact, Skyworth proposed it very early, but it lacked a few major ecological support.

  However, Xia Jingxing has it. He held a meeting with a dozen Skyworth executives and technical cores, including Zhang Xuebing.

  At the meeting, Xia Jingxing first put forward the concept of ecological reaction.

  In fact, this concept is not so mysterious.

   is that Tudou and Kugou Music open Internet content to Skyworth, helping Skyworth TV users to watch movies, listen to music, and sing karaoke online.

  Operating system, for the time being, we can only fight on our own. Mobile phones are not yet on the market, and the IoT operating system is still in the making.

  In addition, the game department of Hainei.com intends to cooperate with Skyworth to develop some video games and cooperate to build a video game platform in the future.

  Limited by the technological environment at this time, the development of industrial integration has to be step by step.

  However, the various ideas Xia Jingxing put forward still shocked these TV people. They didn't expect that TV could still be played like this.

  The young engineer who developed Coocaa TV was very excited, and felt that the new boss was very technically forward-looking and shared a common language with them.

After having lunch with Skyworth's people, Xia Jingxing left.

  He took Liu Xiaoduo to the Che Kung Temple, ready to meet a netizen, or call Mian Ji.

    come, guess who the netizen is?

     The mobile phone company wants to change its name. Many people think oranges are not good to listen to. Please help me think of one and use it soon.

     My wife helped me think about two things, Leku, happy and cool, English name leku, easy to remember and promote; Ke Mi, English name cellme, call me.

    

   

  (End of this chapter)