bullyxtreme Chapter 181 Accidents in Accidents
Chapter 181 Accidents in Accidents
Chapter 181 The Accident Among the Accidents
Jumei’s acquisition of Goudong is another big news. As a 3C e-commerce company, Goudong only sells genuine licensed goods. It is well-known in Zhongguancun and has gained the trust of some users. In 2007, its sales of 3.6 million were as much as those of Jumei. Internal business is almost the same.
Two companies with similar revenue, a "star company" that actively embraces capital, and an "honest company" that works hard, have very different endings in just a few years.The sadness of the domestic media cannot affect foreign stock markets. As the second largest player in the domestic e-commerce market, the stock price of Jumei rose again.
It has been half a year since Jumei went public. At that time, there was still a lot left after raising US$4 million. However, for an asset-heavy Internet e-commerce company, no amount of money was enough.However, at this time, the U.S. market recognized the Amazon model, became familiar with Jumei through Shopee, and was able to give a high valuation.
Unfortunately, the impact of the subprime mortgage crisis has been too huge. After proactively asking Dinghui and other major private placement companies, they were unwilling to participate in private placements. Even if they issue corporate bonds, they can only be high-yield junk bonds.
In the end, Qu Li had to come to the rescue. Private placement was too troublesome, so it was better to use convertible bonds, which would make shareholders look more comfortable.
What are convertible bonds?Simply put, they are low-interest or even interest-free corporate bonds that can be converted into company stocks within a certain period of time. For Qu Li, it means sending money to Jumei now and converting the bonds into stocks in a few months.
The conditions set by Qu Li are very harsh. There is a mandatory redemption clause if the stock price rises, but no redemption if the stock price falls. The interest rate is less than 1%, and the lower limit of the conversion price is US$10. Unless they are really optimistic about Jumei, no one will invest.As expected, no one was willing to buy Jumei’s US$2 million convertible bonds except Qu Li himself.
So Qu Li reinvested the 2 million he lent to Jumei last year and the 1000 million interest generated. The Vision Fund invested 11.7 billion through Xiangjiang Investment to purchase Jumei's 2 million U.S. dollars of convertible bonds. A few months later, Jumei's stock price As Lehman's bankruptcy continues to fall below $10, the conversion price will become $10.
Jumei acquires Goudong and issues 500 million additional shares. At this time, the total share capital is 1.8 million shares plus 1000 million shares of equity incentives. After the convertible bonds are converted into shares, it will become 2.1 million shares.
In August, the Olympic Games is a hot topic pursued by the whole people, but for Qu Li, it is a month for him to reorganize Jumei and Glory. The number of shares represents rights and the composition of the board of directors.Honor does not have a board of directors, and Jumei's board of directors will all become its own people. In addition, Mr. Boatman has been invited as an external director.I originally wanted to invite Lei Jun to join, but unfortunately I couldn't find anyone.
Thanks to Andrew's matchmaking, 2000 million shares of Honor were finally obtained. Xiangjiang Investment directly paid Lehman Brothers in exchange for this part of the equity.Dinghui and Wei Gang didn't dare to say anything. The hundreds of millions of dollars that Qu Li invested in Xiangjiang Investment, except for the options bought for 6000 million dollars, the remaining 6.9 million dollars will also not come back. He has to pay back 1.5 million dollars himself. U.S. dollar borrowings.
Why do you think this is? Of course it was Huatou's $10 billion that caused the trouble. Wu Hongning invested money in Xiangjiang Investment. I don't know why it attracted the attention of Huatou's senior bosses. During the Olympics, he met Qu Li specifically and asked 10 questions. A billion-dollar investment.
"Try to be as standardized as possible and don't let others find fault." Huatou boss
Mad, what does this mean?According to regulations, he can also command Zhang Yiwen from a distance?Can he still withdraw funds from Xiangjiang Investment at any time?Anyway, in the end, Xiangjiang Investment packaged the money from China Investment and Vision Fund into one fund, with China Investment holding 55% and Vision Fund 45%. It seems that Qu Li did not suffer any loss.
But the matter was not over yet. Zhang Yiwen somehow persuaded Andrew to join Xiangjiang Investment, and used Qu Li and Huatou about US$2 million in cash to buy out Lehman Brothers’ domestic investment.The assets include: 35% of Sunac shares, 7.7% of Kingdee, and a US$1000 million investment in Qunar.
"I really underestimated you!" Qu Li didn't know whether he was angry or scared.
"I'm sorry, I didn't tell you in advance." Zhang Yiwen said with joy.
"It's passed. How dare I ask for an apology from a young lady?"
"What did you say……"
"You still have to pretend, who are your parents?"
"What does it have to do with who my parents are?"
"So you are relying on your ability..."
"I didn't want to either. If I had known, I wouldn't have wanted the US$10 billion from China Investment..." Zhang Yiwen explained that Xiangjiang Investment was originally a grassroots team. Although it had strong earning power, it relied on Qu Li's foresight.Even if she had an idea, she would not choose to take action at this time.
"My parents' affairs were not intentionally hidden. You never asked, and you said you didn't want to get married. I was afraid you would be burdened..." Zhang Yiwen said, but Qu Li didn't dare to believe it.
"Do you think I am working at Zhaoshang Securities just for you?"
"..." As soon as these words came out, Qu Li was speechless. No matter how arrogant he was, he would never have such an idea. When he met Zhang Yiwen, he was still a relatively wealthy person.
Holding Zhang Yiwen in his arms again, Qu Li felt complicated for a moment. He had many things to ask, but he couldn't really ask them.
"I am pregnant!"
"..." Qu Li was stunned. After a moment, his chills rose and his anger surged. He pushed Zhang Yiwen away and tried to calm down his mood.
"What do you want?" This is not an ordinary girl, she can take it if she doesn't want it.
"What do you want?"
"I, I have long said that if you want to get married, she is the only choice." After Qu Li finished speaking, he hesitated for a moment and said: "No one can force me. With my current foundation, China cannot tolerate me, and the United States can , Silicon Valley can..."
"What are you thinking, how could I..." Zhang Yiwen burst into tears, with pear blossoms and rain!
Qu Li is still indifferent. So what if he thinks too much? He is the leader of two big companies. He doesn't think too much when things happen. Does he have to wake up when danger is imminent?
After a night without words, Qu Li's bottom line will not be broken.
The next day, the two of them went out to work like normal people. Lehman's shares in Honor were emptied out. Logically speaking, a new round of financing could be started. However, Lehman Brothers was about to go bankrupt. It would take less than a month to get it from abroad. money?
The matter between Huatou and Zhang Yiwen is close at hand, and it doesn't have any impact at present, but as for the future, it's really hard to say now.
"Don't worry, you've registered there and everyone must follow the rules."
"Then I don't care. History tells me that when power and wealth are mixed together, there will be a chemical reaction. It is impossible for me to put myself in a dangerous state that is flammable and explosive. If you have any dangerous ideas, you'd better tell me first. , I want to cut off my robe and sever my righteousness..."
"Damn, why are you so crazy? They haven't done anything to you yet. I want to be as carefree as I want now. Can I do it?"
Qu Li didn't care so much, he had to make more preparations.