Chapter 889 They owe us

  In late March, Li Yaozu and Wu Yimin, who had been on business for nearly two months, finally returned with the team.

  Xia Jingxing and Huang Xin brought a group of employees from the game department of Hainei.com to the company’s door to greet the acquisition team that had been traveling abroad for a long time and finally returned in triumph.

  "Mr. Xia, Mr. Huang, fortunately fulfilling our mission!"

  Seeing the boss and so many colleagues welcoming himself and others so grandly, Wu Yimin and the Hainet.com employees in the acquisition team were a little moved.

   "Everyone has worked hard!"

   Huang Xin stepped forward and shook hands with Wu Yimin and others one by one.

  Xia Jingxing shook hands with Li Yaozu and other employees of Vision Capital, and exhorted them.

  The ceremony was over, and the other members of the acquisition team all dispersed to rest. Li Yaozu and Wu Yimin walked into the meeting room together and reported the results of the trip to Xia Jingxing and Huang Xin.

  "The mainland agency rights of the two games "Cross Fire" and "Dungeon and Warriors" have been authorized to Hainet.com."

  Wu Yimin took the lead in reporting, “If we hurry up, "Dungeon and Warriors" can start the public beta in China in the second half of the year, and "Cross Fire" is still in the final development. The domestic public beta is expected to wait until next year.

  Huang Xin smiled slightly, "Then arrange it like this. One online game will be launched a year, and "Dungeon and Warrior" will be launched this year."

  After finishing speaking, Huang Xin looked at Xia Jingxing again and asked the latter's opinion.

  "I have no opinion, but DNF is the first online game we launched. We must make sufficient preparations and strive for success!"

  "Mr. Xia, don't worry, the Korean company..."

  Speaking halfway, Wu Yimin realized that Neople had already been acquired, so he changed his words again, “Neople will send employees to China to guide Hainei.com on how to promote and operate the game.”

  Xia Jingxing said lightly: “Korean people don’t understand our national conditions. You can listen to their opinions, but you can’t listen to everything. You have to distinguish and think independently.”

  Wu Yimin nodded, "Manager Xia, I will pay attention."

   Immediately afterwards, Li Yaozu reported again: “We first acquired Smankay at a price of 10 million U.S. dollars, and then acquired Neople at a price of 250 million U.S. dollars, and injected 20 million U.S. dollars into each of the two companies...

  The process of taking over the two companies went smoothly. We increased the salaries of the employees of the two companies and changed the original bonus distribution model. The employees of the two companies were very satisfied with this, and there was no large-scale loss of employees.

  In addition, according to the agreement, the founders of the two companies have not resigned for the time being, and will act as consultants to assist us in completing the transition work before leaving.

  At the same time, we inspected the executives and middle-level managers of the two companies, and retained some of them.

  In addition to entrusting headhunters to recruit, we also plan to send employees from the game department of Hainet to South Korea for work exchange..."

  Listening to Li Yaozu's work report, Xia Jingxing nodded from time to time, and was very satisfied with the results of his work.

  The reason why the acquisition team returned to China after almost two months was to handle these chores.

  The acquisition is only the beginning. After the acquisition, it is necessary to manage and integrate the resources of the two companies to smoothly complete the transfer of management rights.

  Shimankay and Neople, in fact, have nothing to do with Hainei.com. These two companies were acquired by Xia Jingxing and Chen Hong in a joint venture to form an overseas company.

  However, Hainei.com dispatched employees from the game department to assist in the acquisition, and obtained the game agency rights of the two companies, so Huang Xin and Wu Yimin also watched for a while.

  But soon, Huang Xin and Wu Yimin reacted. To avoid suspicion, they left, leaving only Li Yaozu and Xia Jingxing in the conference room.

  Without the presence of outsiders, Li Yaozu had less hesitation when speaking, and reported the details of the two companies to Xia Jinghang.

"Mr. Xia, because Shimankai’s "Cross Fire" is still under development and the loan qualifications are not enough, of the 300 million US dollars we raised for the acquisition of funds, all of the 200 million US dollars of debt fell on Neople, which led to this company. The company's debt ratio is very high.

  Neople currently only has an annual profit of less than 20 million U.S. dollars, and the debt repayment pressure is not small.

  According to the loan agreement, we pledged most of the equity of Neople, and all the operating profit needs to be used to repay the loan every year.

  This leads to a problem. In the next few years, Neople will have no spare capacity to develop new games. "

  Li Yaozu paused, and said with a serious face: “I didn’t dare to tell Neople’s employees about this news. I’m afraid they will leave in large numbers if they know it.”

  Xia Jingxing nodded, “Your approach is correct. Employees definitely want to stay in a financially ample company. If they can’t develop new games, they can’t earn project commissions, and the company’s growth is extremely limited.

  I am a Neople employee, and I will leave this kind of company with no potential. "

Li Yaozu smiled, "But there is no need to worry about this issue for the time being! I told the Koreans that the company's major shareholder is the founder of Facebook and the richest man in China. They are all very excited and feel that they are embracing thick legs. ."

  Xia Jingxing laughed: "Haha, you really will take advantage of it."

  Li Yaozu disapprovingly said, "This is actually a fact. I didn't lie to them. The main reason is that Mr. Xia, your prestige is so prestigious that you have spread to Korea."

  Xia Jingxing smiled. He had a feeling that Li Yaozu was making a bend and slapped himself. In ancient times, this kid must be a jester.

  However, he is not disgusted with Li Yaozu's use of his name to fool Koreans and draw cakes to Koreans.

  On the contrary, he still appreciates this kind of behavior. At the moment, stabilizing people's hearts is the first thing. Don't buy the company with the front foot, and all the employees on the back foot will run away. That kind of acquisition is undoubtedly a failure.

"Neople developed "Dungeon and Warrior" after all, and the loss of some employees will not cause catastrophic consequences. What really needs us to pay attention to is Shimankai. Their valuable asset is the "Cross Fire" that is still being developed. .

  After the acquisition, I put most of my energy on Shimankai. "

  Xia Jingxing nodded slightly, “Thanks for your hard work, I really have to put more of my mind on Shimankai and stare at them to complete the game development. This is the first task.”

  Li Yaozu nodded, and then suddenly said with a calm face: "Speaking of which, Shimankai is okay, there is no debt pressure. What I am really worried about is Neople.

  It’s not that I’m worried about the loss of employees, or what goes wrong with the game. What I worry about most is the debt problem.

  General Manager Xia, if this overseas investment is to get a return, the Korean market is basically unable to count on it. DNF has survived in Korea with a net profit of 20 to 30 million U.S. dollars a year. It will take ten years to repay all the debts. "

  Xia Jingxing raised his chin and motioned Li Yaozu to continue.

  "You can only think of a solution in the Chinese market!"

  Li Yaozu looked around, and suddenly lowered his voice: "To be more precise, we can only think of a solution on the mainland agency agreement.

  The agency agreement we have signed with Hainei.com is a friendly price, which is no problem! However, if DNF is operating hot in the country, it must increase the share ratio when renewing the contract.

  Only in this way, Neople can repay the debt, and this investment can generate profit.

  Similarly, Shimankai is the same. Whether the investment can be profitable, we can only count on the mainland market.

  Of course, I am considering the problem from the perspective of two game companies and from the perspective of Vision Capital.

  Vision Capital is also a shareholder of Hainet.com, how to weigh the interests, this may require Mr. Xia, you have a headache. "

  Xia Jingxing chuckled, "You look far away."

  Li Yaozu smiled, no longer speak, just point out the problem, and if you say more, you will be suspected of telling wrongs.

Seeing that Li Yaozu was a clever ghost, and things were done pretty well this time, Xia Jingxing decided to say a few more words to him: "You are very accurate! That's right, investment profits can only be counted on the mainland market, and the two games are not well-known at the moment. Obviously, it is not easy to ask for too high a share ratio.

  But, as you said, if the game is popular, then the agency agreement will naturally need to be modified, which is understandable. Although Envision Capital has shares in both companies, we have to act according to the rules.

  However, don’t think so much right now, just manage the two game companies well, and leave the rest to me and the shareholders of Hainet.com. "

  Li Yaozu saw that Xia Jingxing's heart was like a mirror, so he stopped talking too much.

  Xia Jingxing calculated and thought carefully in her mind.

Envision Capital holds 62.86% of the shares in Hainei.com, of which 20% of the shares belong to Liqiu No. 2 Fund. He holds about 65% of the fund shares of Liqiu No. 2. After the equity is penetrated, he personally holds a total of 55.9% of the shares of Hainei.com. .

  As for the two companies, Shimankai and Neople, all the shares belong to his personally controlled fund holding 80% of the shares.

  If the profit distribution is based on two games, he naturally prefers the two game companies to allocate more points.

  However, he didn't bother to care about these petty profits. After the two games became popular in China, the shareholders on Hainei.com would naturally put forward a purchase request, and he would agree to it.

  This not only solves the problem of benefit distribution, but also increases the proportion of Envision Capital and his personal shareholding in Hainei.com.

  This problem is not tricky. It is the most important thing to make Hainei.com run two games on the mainland.

After Li Yaozu left, Xia Jingxing called Huang Xin to negotiate the operation of the two games.

  "Hainai.com lacks experience in operating large-scale online games?"

  Huang Xin smiled and said: “This is simple. Let’s go to dig people from Shanda, Penguin, and Ninetowns. They have experience in the localization of online games. In particular, Shanda has the most abundant game talent pool, which can be called a talent gold mine.

  I heard that their three companies blocked our acquisition of Neople in South Korea this time, just to give them some color, otherwise I thought we were afraid of them. "

  Huang Xin sneered again and again, behaving very belligerently.

  Xia Jingxing didn't care about the acquisition and being sniped very much, but Huang Xin, always thinking about it, thinking about how to find the place.

  "Retaliation is not the goal! The struggle of spirits is not desirable!"

  Xia Jingxing smiled and said: “But what you said, to recruit the right operating personnel, you really need a lot of help from the three companies.”

  Huang Xin laughed, "It was originally. We are going to enter the online game industry. We cannot avoid competition with the three companies, especially Big Brother Shanda.

  Even if they don’t attack us this time, sooner or later we will invade their territory.

  By the way, this also belongs to the normal circulation of talents in the industry. Shouldn't the old people in their industry help newcomers in the industry like Hainei.com? Have you forgotten the socialist core values ​​of getting rich first? "

  Xia Jingxing immediately made up his mind, and took a long breath: "Then dig, don't be afraid of anything, let me use whatever means they owe us."

  Huang Xin chuckled, come on, I still fall in love with it!

  (End of this chapter)