Chapter 166

Song Ningxing talked about the future plan of Panyang City: “Weijiazhuang is scattered mountains to the south, west, and northwest, and the terrain affects the development potential. With the advancement of smart factories, Panyang is more and more suitable for manufacturing development. In order to expand the industrial ceiling, the industrial zone should be developed northward to Wuping County. Are there any technical problems?"

Wei Dongsheng: "The Economic Development Zone and Wuping County are separated by the Lunuhe River. If you want to connect the two places closely, I am afraid that at least two bridges should be repaired one time at a time."

Song Ningxing: "If you need to fix it, just fix it."

Wei Dongsheng: "As the population density increases, I am afraid that Lu Nuhe will have to be repaired."

Song Ningxing: "Panyang wants to grow into a symbol of the hinterland of the Central Plains, and sooner or later Lunuhe will be repaired."

Wei Dongsheng: "The cost is not low."

The Lunu River, which originated in Panyang City, is not only a tributary of the Huai River, but also a famous river in Hedong Province. For this reason, Panyang City has abundant hydropower resources, with reservoirs everywhere. To the north of Weijiazhuang, there is the Lunu River for some distance; to the east of Weijiazhuang, it is the tributary of the Lunu River; to the south of Weijiazhuang, there is another widened irrigation canal. The angle of view is limited to the vicinity of Weijiazhuang, where the water network almost has the charm of a Jiangnan water village. If it were not for this natural condition, Wei Dongsheng would not dare to develop Panyang City into an intelligent industrial town.

Take the Weijiazhuang section of the river as an example. Due to the layer-by-layer closure of the reservoir, the Lunu River in the off-season is extremely shallow, and the average depth of the river center does not exceed two meters. The north and south banks of the river are nearly 1,500 meters wide and more than ten meters high, cutting the fertile plains into two. The reason why Wuping County moved Shigan Village to Xiangshan District, Panyang City a few years ago, also has such a geographical background.

Song Ningxing didn't think about these difficulties: "Lu Nuhe is the lifeblood of Panyang City. No matter how high the cost, we have to do it."

Wei Dongsheng did not insist: "I went to Liangzhu Township to study in junior high school, and I was particularly annoyed by this river. Every flood season, I had to take a long way around for safety. If there is no problem with funding, I will build a bridge."

Song Ningxing: "Funds are scarce at any time. I will try my best to move the funds to this one. In the near future, if the feasibility is relatively high, I will start to repair the river; if the project progresses smoothly, I will take advantage of the situation to promote Wuping County’s removal of counties and districts , Change Wuping County to Wuping District of Panyang City."

Song Ningxing and Wei Dongsheng talked for a long time.

Song Ningxing was willing to take the time to negotiate the future plan of Panyang City with Wei Dongsheng because he did not regard Wei Dongsheng as an ordinary businessman from the bottom of his heart. As Song Ningxing’s aides in his previous life, Wei Dongsheng was familiar with Song Ningxing’s ruling philosophy, as well as the pros and cons of some specific policies. Wei Dongsheng used Song Ningxing’s previous ruling ideas to communicate with him, and often swiftly checked for omissions to fill in some deficiencies. The longer they communicate with each other, the more Song Ningxing regarded Wei Dongsheng as a confidant.

At the same time, Wei Dongsheng did not want to become a money-making machine that only made money, and gradually forged a special friendship with Song Ningxing. Song Ningxing did not regard Wei Dongsheng as a businessman, nor did Wei Dongsheng regard Song Ningxing as a bureaucrat. The relationship between Wei Dongsheng and Song Ningxing is more like like-minded comrades.

Wei Dongsheng is familiar with Song Ningxing's character and believes that Song Ningxing will do his best to preserve him. However, Wei Dongsheng's character is destined to not rely on anyone passively. Rather than waiting for opportunities to come, Wei Dongsheng is more willing to take the initiative to look for opportunities; instead of waiting for a faction to give up collecting information on illegal and disorderly disciplines from companies such as Chunqiu, Zhiyu, Zhuwei, Quantum Rose, etc., Wei Dongsheng is more willing to prepare more buffers in the Three Caves style. Retreat.

Buffer retreat is not about naively running abroad, but broadening the game battlefield and extending the safety distance of the game.

After the meeting in Panyang came to no avail, Wei Dongsheng quickly registered a multinational company with international business as its main business and named it Shuoguang.

Shuo, new too.

New light, new light, new light.

This is also the positioning of Shuoguang Group.

Shuoguang is positioned as an international enterprise, and Wei Dongsheng quickly registered a series of branches in major countries around the world and several African countries in his name. Most of these branches are leather bag companies with no actual business. Of course, a leather bag company also has the role of a leather bag company, and a temporary leather bag company does not mean that it will always be a leather bag company.

This is a stretched front.

The domestic basic disk is to strengthen defense and unite as much as possible the forces that can be united. Wei Dongsheng and Jing Minqiang talked all night and persuaded Jing Minqiang to transfer all the shares he had searched in Chunqiu to his wife Gong Qiuqiu, and indirectly put Gong Qiuqiu on the front desk of Chunqiu search. The intention of this move is to alleviate the rift caused by the strategic alliance between Zhiyu and other interest groups, show favor to Gong Qixing, and indirectly compromise with Gong Qixing, in order to strive for one less enemy if there is one less enemy. At the same time, this is also pushing Gong Qiuqiu and Gong Qixing to the forefront to confront the pressure from the State Council Information Office, and to increase the cost of a certain factional force to raise large cases.

Gong Qixing didn't care about Wei Dongsheng's small actions.

Benefits have no friendship at all. If he can't preserve Chunqiu Search, Chunqiu Search will not be able to charge for him. A certain faction has recently made Internet news because they have keenly discovered that online public opinion is becoming more and more important, and they have decisively increased their investment in this area in order to regain the frustration of paper media. Gong Qixing was also aware of this, and quickly realized the huge role of Spring Search and the related parties Tencent and Siwei Space. If he doesn't have the ability to influence online public opinion, maybe it's fine; now that he has the relationship of Gong Qiuqiu, he can't be unmoved.

The euphemistic warning a while ago was that Gong Qixing increased his attention and no longer regarded Chunqiu as an Internet company.

Gong Qixing is satisfied that Wei Dongsheng has brought Gong Qiuqiu to the front desk. Although this is not the best choice, Gong Qiuqiu can continue to deepen his influence on Chunqiu Search. Gong Qixing regarded Spring and Autumn as an extension of his power and worked hard to construct defensive measures, which to a certain extent contained the coveting of other forces.

This is the first cave of Guitu Three Caves.

In the second cave of Guitu Three Caves, Wei Dongsheng would not rely on Song Ningxing passively, nor would he be cowardly attached to Gong Qixing.

The compromising retreat at this moment is definitely not surrendering, but to gain strategic buffer time and accumulate strength so that we can make big strides in the future.

In order to prevent the Chunqiu Search from being puppeted by Gong Qixing, Wei Dongsheng decided to recruit other forces to curb Gong Qixing's greed.

The investment bank previously valued Chunqiu Search at US$4.8 billion, and Wei Dongsheng, in view of the lack of financial pressure on Chunqiu Search, is going to delay it for a while. Until this incident occurred, Wei Dongsheng decisively abandoned his previous plan and no longer pursued profit maximization. He bleeds to go public and agrees to promote Spring Search's listing in the United States with a valuation of 3.5 billion US dollars. The US$4.8 billion was cut to US$3.5 billion. It is a fool to have money but not to make money. Spring and Autumn Search's road to market went well. On October 20, 2006, Chunqiu Search was listed on NASDAQ. The closing price of the day was 46.2% higher than the issue price, and the market value jumped from 3.5 billion US dollars to 5.12 billion US dollars.

Such a result proves that Spring and Autumn Search does indeed match a valuation of $4.8 billion.

In order to ensure a smooth listing, securities underwriters usually reserve a certain amount of appreciation space to attract investors. For example, when Google went public in 2004, the eve of Google's listing was still insisting on US$108 to US$135, but the official release price the next day was set at US$85. From US$4.8 billion to US$3.5 billion, and US$3.5 billion to US$5.22 billion, Spring and Autumn Search lost a little bit, but overall it was within an acceptable range.

Moreover, the most important thing for a company to go public is not the issue price, but the expected appreciation in the future.

In this **** listing, Chunqiu Search only released 5% of its shares. Assuming that US$4.8 billion is its true valuation, Chunqiu Search has released 5% of its shares at a valuation of US$3.5 billion, which is equivalent to a loss of US$65 million. The closing price of the day has brought real money to the other 95% of Chunqiu Search’s equity. The market value of 4.864 billion US dollars.

Similar to Chunqiu Network, Wei Dongsheng also adjusted the equity distribution of Chunqiu Search early. Taking into account the existence of Gong Qixing and Gong Qiuqiu, Wei Dongsheng deliberately increased his personal shareholding ratio. After Chunqiu Network issued an additional 5% equity financing, Wei Dongsheng accounted for 25.3%; Gong Qiuqiu accounted for 4.7%. Chunqiu Search also adopts the AB share model, dividing the stocks into two series, A and B. Series A common stocks have 1 vote and B series common stocks have 10 voting rights, ensuring that Wei Dongsheng has a firm grasp of nominally through 25.3% equity. Spring and Autumn Search.

Looking at the percentage, 4.7% seems to be insignificant. However, at a valuation of US$5.12 billion, Gong Qiuqiu’s equity is already worth US$240 million. The current exchange rate is converted to RMB 1.9 billion, which is not a decimal in any case.

And Wei Dongsheng's 25.3% equity, also about 1.29 billion US dollars.

Forbes released the 2005 China Rich List, which valued Wei Dongsheng's net worth of US$3 billion. Today, with Chunqiu Search’s 25.3% stake, Wei Dongsheng’s net assets have increased by half. It seems that the hat of the richest man in China can’t be taken off for a while.

The fact is exactly the same.

Ten days later, Forbes released the 2006 Rich List, which increased Wei Dongsheng's net asset valuation to US$4.8 billion. Huang Guangyu ranked second on the list of the richest in mainland China, with a net worth of 18.09 billion yuan, only half of Wei Dongsheng’s. Wei Dongsheng was not unexpectedly the richest man; in the ranking of the richest in Greater China, Wei Dongsheng surpassed Hon Hai Guo Taiming and ranked ninth. A slight increase of one place over last year; worldwide, Wei Dongsheng ranks 129 with other rich people, climbing 65 places by a large margin.

This is the halo focusing on Wei Dongsheng.

The aura of Spring and Autumn is even more dazzling.

After the listing of Chunqiu Search, the stock price trended well and fluctuated slightly until Forbes released the 2006 Rich List, which remained at around US$5.1 billion. Since the Panyang meeting, the market value of Chunqiu Network has slowly risen from 7.546 billion US dollars to 7.8 billion US dollars. Chunqiu Internet and Chunqiu search show that the archway of Chunqiu is worth $12.9 billion.

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