Chapter 358 Outline
Chapter 358 Outline
Ma Manfan is the head of the Malaysia-China Investment Holding Company, but because his company only makes financial investments, he does not participate in the daily work of Shenhang Mitsubishi.
This time I came here by chance. I was free anyway, so I decided to come to Shanghai to eat and drink.
But...Shen Cheng, the founder of the automobile project, was interested in the financial burden of the Proton Group, which cheered him up.
The parent company of Malaysia-China Investment Holdings is Petronas, although it has no equity relationship with Proton Group, it just sold the E01 series engine technology and related patents to Proton this year. Part of the support for these technologies also comes from the "Lotus Project" under the Proton Group.
In addition, Petronas and Proton Group are both state-owned enterprises, and there is an exchange of power between the two sides. Positions in subsidiaries such as Ma Manfan are the product of this exchange, and his father is a member of the Proton Group's board of directors.
If we can help "our own" solve the problem, we would be very happy to see it happen.
As for whether Mr. Yu has this ability...
Putting aside the prospects of Silicon Carbon Group, this man is also the founder of a Nasdaq-listed company in the United States and has extremely credible financial backing.
After communicating with his father, Ma Manfan also became concerned about the cooperation between Shenhang Mitsubishi and Carbon Silicon Group. He changed his idle style and actively lobbied Chairman Chen for his decision as a shareholder.
Chen Maoyong naturally knew the reason for his change and was very amused and completely ignored his influence.
The cooperation negotiations between Carbon Silicon Group and Shenhang Mitsubishi have once again reached a stalemate.
Chen Maoyong could not stay in Shanghai for a long time. After another meeting and inspection of the factory construction of Carbon Silicon Group, he returned to Fengtian first, leaving the team to discuss some specific details.
Ma Manfan stayed in Shanghai and temporarily served as the informal representative of Proton Group.
Yu Xing met with Ma Manfan twice more and expressed restrained interest in order to avoid giving the other party the idea that he was being taken advantage of.
However, taking advantage of this contact, he also discussed the possibility of acquiring "Lotus Engineering" in a small circle within the company. Not surprisingly, everyone believed that if this deal could be reached, it would definitely be beneficial to the development of carbon silicon electric vehicles.
In fact, the carbon silicon electric car has not yet reached the stage of adjustment, but when it does, the industry-renowned "Lotus Project" will be taken into consideration as a potential cooperation.
However, everyone knows that the more technology and experience accumulated, the better. However, the operation of a company cannot only consider this aspect. The use of funds is related to life and death. Hmm? The boss can use the stocks of listed companies? Then buy them quickly! What does Bai Xiaosheng's life and death have to do with Carbon Silicon Group?
There was a very enthusiastic expression of interest within the Carbon Silicon Group regarding the opportunity to acquire the Lotus Project.
Yu Xing now had a channel to communicate directly with the Proton Group and received technical feedback from within the company, which enabled him to have deeper and longer-term thinking on the acquisition of Lotus Engineering and even the Lotus Group.
There is no doubt that the Proton Group is very short of money, which can be seen from both public information and private feedback like Ma Manfan's. If it can really swallow up the entire Lotus Group, the positioning of the "Lotus" brand within the Carbon Silicon Group can be clearly designed.
Yu Xing didn’t know how Geely planned and operated the “Lotus” brand later, but it just happened to fill the mid-to-high-end performance electric car positioning for the Carbon Silicon Group, just like Mr. Lei.
He doesn't think he has the marketing ability and reputation of Mr. Lei, but this positioning can be established through a complete system.
The domestic market is not very familiar with the "Lotus" brand, but there is already a "Lotus" title team in the F1 event. If we can join forces with investors to acquire an F1 team and then squeeze in a Chinese driver, the promotion and operation of the brand will immediately be reduced by two levels of difficulty.
As for whether there are investors willing to join in, even if there are not, the mysterious Bitcoin investors who will appreciate in value in two years will be happy to help.
Yu Xing built a brand promotion and building system in his mind. He also took some time to check the prices of F1 teams and found that they were not as high as he had imagined. The price of the current "Lotus F1" team in 09 was 8600 million pounds when Renault sold the majority stake to Genii Capital. However, the annual regular operating expenses are estimated to be not low.
Also, there are people in China who are striving to become official F1 drivers.
The Spanish HRT team has recruited a Chinese driver named Ma Qinghua into its young driver development program this year. In addition, there are reports that he will represent the HRT team in the F9 Italian Grand Prix in September.
Yu Xing didn't pay attention to nor was he familiar with F1 events, so he was a little puzzled when he saw the news that was collected. The Chinese player in the F1 team seemed to be named Zhou. Wasn't he the first one? This Ma Qinghua seemed to have a good momentum.
But no matter what, the relevant information can be taken into consideration first and some potential planning can be carried out.
Yu Xing did not talk about these things with anyone else, but only shared his thoughts with Xiaoying without reservation.
"Proton Group has only given you an opportunity, and you've already started to consider the possibility of an F1 team..." Liu Wanying couldn't help but marvel, "But don't mention it, if Carbon Silicon Group can go public, compared to the cost of operating a team, if it can really bring success to the market, the stock price will definitely go up."
She is almost certain that the secondary market will like such a story. Moreover, the Lotus brand is a genuine veteran performance brand and may be able to regain vitality in the new energy sector. If domestic new energy can really impact fuel vehicles, the pie for foreign investment and joint ventures will be too big.
"Proton's finances are not good, and I think Renault is also average. They both have opportunities. I think it will work if I think about it." Yu Xing pondered, "As long as Carbon Silicon Group can successfully make its first car, it should be listed earlier. I still hope that the company can invest more in research and development. The time for the development of the new energy industry is also very precious."
Liu Wanying thought about it for a long time and felt that although it was a bit long-term, the operation of this "mid-to-high-end brand" was quite decent.
She did not continue the discussion, but just smiled and said: "Let's see if Proton is willing to sell 'Lotus Engineering' first."
"Since Proton is willing to make contact, the only problem now is the price." Yu Xing's thoughts jumped back to the current situation. "'Lotus Engineering' is only a part of 'Lotus Group'. Although its technical services are still positive assets, they are only worth 30% anyway. If the premium is a little higher, the maximum value will be 40%."
"To be fair, the price of the Lotus Group is more than 1 million US dollars, and it is impossible to exceed 2 million. I think 1.5 million US dollars is a bit expensive. From this point of view, the upper and lower limits of the 'Lotus Project' are relatively clear."
"Minimum $3000 million, maximum $6000 million."
“这是100%的莲花工程，我再买个50%或者60%，这笔投入就削减到1500万-3000万美元左右。”
Yu Xing noticed that Xiaoying had been looking at him and smiled: "Is it fair? Is it okay?"
Liu Wanying nodded: "Tsk, it's very clear now. It seems that Mr. Yu is determined to win."
Proton Group may not be willing to sell all of the "Lotus Project", and this type of partial acquisition is very common.
"Well, this money will be paid with Bai Xiaosheng's stocks. I'll have someone research whether to sell it or pledge it." Yu Xing thought about it and felt that it was necessary to keep this exchange with the Proton Group on a pleasant note to facilitate further cooperation in the future.
"Since you are going to touch Bai Xiaosheng's stocks, then you should also consider the financing of Mogujie and Meilishuo." Liu Wanying thought about the main reason for this trip to see Yu Xing. "IDG invested in Mogujie, and Capital Today invested in Meilishuo. In addition, Mogujie and Meilishuo are both negotiating traffic cooperation with Penguin."
Yu Xing's face hardened: "They are really going to do it. Well, the appearance of penguins is reasonable."
The competition between Penguin and Alibaba is getting more intense, and the top management of both sides are also experiencing verbal conflicts and competitions. When Alibaba banned a group of shopping guide companies, Penguin naturally followed the principle of "the enemy of my enemy is my friend" and rushed to join in. "Isn't this the spark you gave? Aren't you the mastermind behind the operation?" Liu Wanying said with a smile, "So, when did you, Carbon Silicon Data, stab Alibaba in the back?"
Yu Xing frowned and thought, then shook his head after a moment and said, "Ask Zhi Ling, they can give a more suitable time node, wait a little longer, wait a little longer."
Liu Wanying nodded and said, "Boss Xu has approached me several times, hoping that Hongshun will also participate in this investment. Now it depends on whether you are willing to do it or not."
The entry of IDG and Capital Today was a plan discussed previously, and they must act first.
At this point, Carbon Silicon still has room to regret, but if Red Falcon also follows in, it will truly involve its own interests, and the follow-up will inevitably continue.
Yu Xing didn't think too long this time: "Since everyone wants to try, let's do it. Carbon Silicon Data won't be too disruptive. Cooperation with WeChat... just like you said last time, there will definitely be problems."
Liu Wanying said "hmm" and fell into thought.
After a moment, she smiled and said, "Boss Xu is really positive this time."
Yu Xing could also feel Xu Xin's efforts and commented: "E-commerce is her sweet spot."
……
E-commerce is indeed the sweet spot for Capital Today.
Xu Xin worked even harder than Yu Xing and Liu Wanying had imagined.
The fierce competition between Alibaba and Penguin is a good thing for Capital Today. For example, JD.com has obtained much more traffic from Penguin, and the effect on revenue has been immediate. According to current estimates, there is an additional increase of almost 40%.
That's quite amazing.
JD.com itself has grown quite rapidly, and is now benefiting from the war between giants. This approach is almost like the future prospect of the integration of companies such as Mogujie and Meilishuo.
In addition, there is also an ambitious company called Carbon Silicon Data.
Xu Xin really couldn't help but take action.
Not only did she do it herself and contact Red Falcon Capital, she also actively lobbied Qiming Venture Partners this time.
Xu Xin has always felt that Qiming Venture Partners' investment strategy was confusing. Not to mention the reversal of WeChat, he himself almost got fooled. It was an unexpected situation, but Qiming Venture Partners' other investment projects were not so smooth either.
Just like Mogujie, part of the financing it obtained before the Alibaba incident came from Qiming Venture Partners. Naturally, once the traffic from Alibaba was cut off, the value of Qiming Venture Partners' investment also shrank.
Fortunately, IDG’s latest investment made Qiming Venture Partners feel much better.
It was under such circumstances that Xu Xin approached Hu Xubo, hoping that he would invest more in Meilishuo to strengthen the strength of the "thoroughly integrated camp."
"Meilisuo? The situation is unclear now." Hu Xubo was naturally hesitant. "Although Penguin is also discussing traffic support, Alibaba e-commerce occupies most of the domestic market. The traffic flow effect of this form of shopping guide is likely to decline."
"Mr. Hu, why do you think IDG chose to invest in Mogujie at this time?" Xu Xin asked a question.
Hu Xubo hesitated and did not answer. He was actually a little confused. Could it be that IDG wanted to buy at the bottom?
"I talked to Mr. Xiong. The shopping guide nature of Mogujie and Meilishuo is in the content field, which is still valuable. Moreover, these values are not limited to the e-commerce field, or in other words, the traditional e-commerce field." Xu Xin showed that he was in control of the situation. "I talked to Xu Yirong before investing in Meilishuo. This time is a crisis, but the crisis breeds the vitality of transformation."
"Melishuo has a high percentage of female users, and there are two to three million offline professional stores in China that offer nail art, beauty treatments, and hairdressing services. The entire beauty industry market is worth at least hundreds of billions of yuan, and the offline market is highly fragmented."
“Even if there are chain brands, no one can occupy 5% of the market.”
"Mr. Hu, think about it. The domestic beauty market will continue to grow rapidly in the future. If our Internet project can connect offline and online, the game will immediately come alive!"
Xu Xin tells a story about O2O in the beauty industry.
This is a very typical Internet story, so typical that Hu Xubo found it extremely reasonable.
In the past two years, the group buying market has experienced a super boom, and O2O companies such as Meituan have gradually survived the fierce competition. Since they can do O2O, why can't companies like Meilishuo and Mogujie, which have a high proportion of female users, make O2O transformation in the beauty industry?
Isn’t that what investment companies look for?
Hu Xubo voted.
He talked with Xu Yirong, the founder of Meilishuo, several times and took advantage of the opportunity when Penguin's traffic came in to invest together.
After Qiming Venture Partners became a shareholder of Meilishuo, Xu Xin made a special trip to find Yu Xing, told him the story of beauty industry O2O, and sought his opinion.
"Beauty industry? This... Meituan will develop very quickly." Yu Xing thought for a while and said hesitantly, "This may not work."
Xu Xin has a similar view, but this may not work.
Then, she found Hu Xubo, who had already made his pitch, and renegotiated the direction of the story.
Hu Xubo frowned when he heard this: "Boss Xu, why are you hesitating now? The offline market for the beauty industry is huge."
There is no doubt about this. With a huge offline market, decent online traffic, and O2O companies with confirmed models, how can the prospects be unclear?
Xu Xin sighed and said, "Hey, I talked to Mr. Yu and he said that this won't work!"
Mr. Yu, which Mr. Yu?
Who else could it be, Mr. Yu!
Hu Xubo's face suddenly darkened, and his brows tightened. Yu Xing's point of view... his operation has something to it...
Xu Xin noticed the obvious change in Mr. Hu's expression and nodded secretly. Mr. Yu still has a reputation.
(End of this chapter)