My Age of Investment

   Chapter 982 Model Company

  After the matters of Penguin shares were handled, China Digital’s tender offer was officially ended.

  In this general tender offer process, only 262,500 shares chose to accept the offer and sell the shares to Envision Capital at a price lower than the market price. This part of the stock accounted for approximately 0.03% of the total share capital.

  After the completion of the transaction, Envision Capital holds a total of 50.8% equity of China Digital, ranking the largest shareholder;

  Fuxing Industry holds 10% of the shares, ranking the second largest shareholder;

  Another 0.2% of the shares are in the hands of the directors and supervisors of the company, and the remaining 39% of the shares are all in the hands of public shareholders.

  This is in line with the requirements of the Stock Exchange on the minimum shareholding of the public. Therefore, China Digital is still a Hong Kong listed company and has not been privatized.

  After returning to the mainland, Xia Jingxing immediately began to deal with the split and sale of China Digital’s IT service business.

  In the past, China Digital was split up in this way, and a new listed company called China Information was also split.

However, this world of China Information is definitely unable to exist alone. Xia Jingxing wants a newly registered company called Fuxing Cloud Computing Services to buy this part of the business, and based on this part of R&D engineers, formally start the cloud computing project. Research and development work.

  After the split, China Digital’s three main businesses are left with IT distribution and systems business.

  These two businesses are of little significance in the short term, and they can be developed according to the original thinking.

  After the cloud computing project is successfully developed, China Digital can transform into a high-end service agent, helping Fuxing Cloud to sell cloud computing services everywhere.

  However, before formally dealing with these matters, we must first reorganize the board of directors of China Digital to eliminate some disobedient and corpse vegetarians.

  In the office building of the headquarters of the Zhongguancun Fuxing Industrial Group, the Group’s CFOs Deng Yuanyun and Chen Hong are reporting to Xia Jinghang on the business situation of China Digital.

  "Huaxia Digital currently has nearly 10,000 employees, of which about 50% are R&D personnel. Last month, it opened its 19th regional center in Harbin. So far, the service network has basically covered domestic first- and second-tier cities..."

"At the beginning of this month, China Digital also released the industry's first SOA-based banking overall solution [email protected], the taxpayer-oriented "integrated enterprise taxation platform" Sm@rtIEDP and other 5 best industry solutions , And China’s first monograph on financial data models..."

After listening to Chen Hong's introduction, Xia Jingxing also gently put down the files in his hand. He now has a clear understanding of the current technical level of China Digital.

Regardless of the so-called nearly 10,000 employees and 5,000 R&D engineers, most of them are actually cheap labor, mainly engaged in software outsourcing. The high-end business is to help banks develop credit card review and risk control systems, and help local governments in research and development. Tax system and so on.

  "How many high-tech R&D engineers are there? How many people are suitable to "buy" to do cloud computing?"

Chen Hong replied: "Currently, there are no majors in cloud computing in universities, but Huaxia Digital's engineers are basically graduated from computer majors. After joining Huaxia Digital, they have also been exposed to the configuration and management of servers, databases and other network equipment. work.

  Sent to do the basic research and development work of cloud computing, it is a good match, but high-end research and development work, it is definitely not possible to rely on these people.

  Carefully screen it and get two to three hundred people over. The problem shouldn't be big. "

  Xia Jingxing nodded and said: "That's it. I didn't expect them to be generals. It would be nice to be the big soldiers."

Chen Hong asked with a puzzled look: "You really want to spend money to buy people? Envision Capital and Renaissance Industries are the major shareholders. After cleaning the company, they directly arrange HR to talk to these people and change jobs. what?"

  Xia Jingxing smiled lightly, Chen Hong’s trick is very much the essence of how the major shareholders of listed companies encroach on the interests of minority shareholders.

  However, he is a well-known technology tycoon after all. There is no need to save some small money to ruin his reputation.

  "There is not much money, just spend 100 million or 200 million to buy it.

  Renaissance Industry and Vision Capital together hold more than 60% of the shares. Even if it spends 100 million, more than 60 million will flow back. The actual cost is not high. "

  Chen Hong nodded slightly, "That's okay, you want to make it impossible to find mistakes in the program, and it is correct to be more detailed.

  But in this case, you can't trade in the name of buying an IT service subsidiary.

   Although the IT service subsidiary is currently losing money, it is after all one of the three main businesses and belongs to independent research and development.

  You have divested this business from the listed company. If the performance of the listed company is not good in the future, the words of stockholders will be hard to hear. It is possible to say that you have hollowed out the listed company. "

Deng Yuanjun nodded in agreement: "Yes, we don't want business. We only need people. We simply select two or three hundred people from Huaxia Digital 5000 engineers, reorganize a subsidiary that has no business, and then make up a name, such as a software outsourcing company and sell it to us. "

  Xia Jingxing thought for a while, and said, "It's all right, you just need to discuss and deal with it."

  "China Digital’s share price is currently rising very high. Shareholders are optimistic about Envision Capital’s acquisition. Don’t chill the hearts of investors.”

  Xia Jingxing gave Chen Hong a glance, “If you have any ideas, just tell me, I spent more than 10 million hiring you as financial consultants, and I always want to create 100 million worth of value for me.”

  Chen Hong laughed, "My idea is worth more than one billion, but one billion!"

   glanced at the two suspicious faces, and Chen Hongzheng said: “China Digital is negotiating cooperation with Wisdom Fruit and wants to establish a retail store in Zhongguancun.”

  Deng Yuanyun said differently: "Really?"

   "It must be true, but before we talk about success, China Digital was acquired by us to rejuvenate the relationship between industry and Wisdom Fruit. This must be a shame!"

  Speaking of this, Chen Hong turned his head to look at Xia Jingxing, with a serious expression, "You have to pay attention to the fact that Wisdom Fruit has not completely given up on the Chinese market, and wants to find a chance to re-enter."

  Deng Yuanyun sneered and said, “Wisdom Fruit still owes an apology to the Chinese people. Who dares to let it in?”

  Chen Hong gently shook his head, "The common people are forgetful. As long as the upper-level agrees, Wisdom Fruit can come in.

  The reason why Wisdom Fruit chose to talk to Huaxia Digital is because this company is a listed company and its size is not small;

  Secondly, because China Digital is indirectly owned by state-owned assets, it has developed industry customers such as banks, local governments, telecommunications, etc., with a wide range of contacts, which can help the wisdom fruit to smooth the relationship.

  With the first store in Zhongguancun, Wisdom Fruit opened a hole when it entered China. After seeing the benefits, more leading parties will definitely appear next. "

  Deng Yuanyun expressed indignation, "Damn, these people are all traitors, and they don't have any backbone."

  Chen Hong sighed, “You can’t eat your bones as a meal, the same rice will nourish all kinds of people!”

  Xia Jingxing's performance was very calm. He had known about Wisdom Fruit's desire to enter China. Maybe he was stimulated by the revival of mobile phone sales.

  Old Qiao looked down on the Chinese. He had been to China’s neighboring countries Japan and India in his life, but he never went to China to see it with his own eyes. He was arrogant like some Western media.

  But unlike Old Qiao, Kook has stronger merchant attributes and more pragmatic.

  As far as Xia Jingxing knows, Kok has been contacting some Chinese universities and is preparing to come over to give lectures and donate to school, paving the way for Wisdom Fruit to enter China.

  China has joined the WTO a long time ago. On the face of it, foreign investment cannot be prevented from entering China. As long as Wisdom Fruits apologizes, there is no way to set obstacles. Moreover, Fuxing mobile phones are still sold in the US market and need to be opened up.

  "Stop talking about this, we are mentally prepared, not afraid that it will enter the Chinese market, or that it will not enter."

  Chen Hong looked at Xia Jingxing with surprise, and the latter explained: “Enter each other, trade is fair!”

  Chen Hong immediately understood, nodded and said: "That's right, otherwise the Yankees should check and prosecute all kinds of things."

  "Do you mean let Fuxing Mobile cooperate with China Digital?" Deng Yuanyun asked.

  "Yes, China Digital has an IT distribution business with an annual revenue of nearly 20 billion Hong Kong dollars. It is one of the largest IT distributors in China and can compete with Ziguang and Founder.

  I think Fuxing mobile phone can release authorization outside the direct-sale store, allowing Huaxia Digital to resell and sell Fuxing mobile phone, and also help Fuxing mobile phone to do some after-sales service.

  Online can be opened to Ari, Jingxi and other e-commerce platforms for sales, offline can be sold to Gome, Suning and other store channels, there is no reason not to support some of your own people, right? "

  "Your message is out of date!"

  Xia Jingxing interrupted with a smile, “Boss Huang is a little bit flirty. Because he does not agree to connect sales data to the supply chain system of Fuxing Mobile in real time, we have been kicked out of the game. Now the exclusive partner with us is Boss Suning Zhang.”

   Speaking of this matter, Xia Jingxing also sighed. Boss Huang acted too domineeringly. Recently, he was involved in a dispute on a certain plot in Beijing, and he will soon follow in the footsteps of Boss Skyworth Huang.

  Chen Hong said with a smile: “Fuxing Industry has not invested in Suning. China Digital is our own.

  Don’t you always want to build a large number of offline stores of Fuxingzhijia? A large amount of funds from Fuxing Mobile have been used for technology research and development. In the short term, it may be difficult to build a large number of stores quickly.

  Huaxia Digital is different. It is a listed company. As long as the Renaissance mobile phone sold is good and the financial report is good, it can raise funds from the secondary market if it is short of money.

  Pushing up financial data and stock prices makes investors happy, and it is also conducive to reviving mobile phones to control sales channels.

  For you, there are also great benefits. "

  "Me?" Xia Jingxing pointed to herself.

  Chen Hong smiled and said: “After your hands, a listed company’s share price has doubled. Is there a more convincing case of outstanding capital operation?

  As a second rich, it is definitely not enough to carry a lot of infamy, and to maintain a good image of an entrepreneur. "

  Xia Jingxing thought for a moment, nodded and said, "There are more than ten million dollars without a waste. Your idea is indeed worth a billion, and it may be more than that."

  Chen Hong continued: “This is a win-win-win solution. China Digital, Renaissance Industry and Vision Capital, you can reap the benefits personally.”

  Xia Jingxing smiled, and the other party was right. China Digital’s current share price has risen to more than 7 Hong Kong dollars, which has doubled from before the acquisition. This is actually because he is providing credit endorsement.

  If there is unrestricted overdraft of this kind of credit, investors will not be willing to be leeks in the future.

  …………

After discussing with Chen Hong and Deng Yuanyun, Xia Jingxing gained a lot and decided to overturn some of the previous plans.

  For example, China Digital’s IT business is no longer acquired. Only two or three hundred of China Digital’s five thousand engineers with high technical level are selected in the form of an outsourcing company, and they are packaged and brought to Fuxing Cloud Computing Company.

Most of these people are R&D engineers in China Digital’s IT business and system business. After being “buy” away, China Digital’s two main businesses may fall into chaos in the short term, but they can be recruited and trained again. Not big.

  In addition, on the basis of continuing to retain the existing three main businesses, they have found a way for Huaxia Digital to act as an agent for the distribution of Fuxing mobile phones.

  This product is a popular item on the market, and it is not worrying about sales, which is equivalent to sending money to China Digital.

  However, because Renaissance Industry and Envision Capital hold more than 60% of China Digital’s equity, most of the money has flowed back.

  It is foreseeable that because of the entry of Vision Capital and Renaissance Industry, China Digital has brought more resources and a more visionary business layout.

  In the short term, China Digital has not changed much, at most because the distribution of Fuxing mobile phones makes the financial report look better.

  After the successful research and development of Fuxing Cloud, China Digital can rely on the business network and customer base it lays to transform into Fuxing Cloud's distributor, which sounds better to be called the core ecological partner.

  Fuxing Cloud provides the underlying technology, and the expansion of specific business scenarios, such as clouding banking systems, building smart cities for local governments, etc., requires China Digital to carry out specific delivery and landing.

When   cloud computing was just launched, everyone thought it could kill middlemen like China Digital.

  In fact, individual consumers and small and medium-sized enterprises can directly use cloud computing services or SaaS software launched by giants, such as DingTalk and enterprise WeChat.

However, large-scale enterprise customers with orders of millions or tens of millions or more cannot provide simplified and standardized solutions, and it is impossible for giant companies to privately customize these large-scale enterprises. This requires an intermediate such as China Digital The business has come forward, connecting with the technology of the big factory on the one hand, and connecting with the customer on the other.

  This is equivalent to a cloud computing giant opening a steel factory to sell steel ingots. China Digital is equivalent to a processing factory, buying steel ingots and processing them into hoes and selling them to agricultural practitioners; processing them into gun barrels and selling them to arms dealers.

  It’s not that cloud computing giants can’t do these processing tasks, but that the added value is too low, requiring a lot of manpower, and management headaches.

  More importantly, a company has limited manpower after all, and the vast market needs partners to explore.

  After the cloud computing project is built, the larger the market opened up, the lower the marginal effect.

  Penguin Cloud won the bid for a local government's government cloud project for a penny in the previous life. Behind it is the industry's crazy involution and Internet play. The project is taken down by a penny, and then value-added service charges are provided later, or charges will start in the second year.

  While everyone is trying to find the real fragrance of a lot of wool, everyone knows that the wool of big factories is thicker, and millions and tens of millions of cloud computing projects are free.

  The competition in the cloud computing industry is fierce, and a partner of Guanghua Xia Digital is far from enough.

However, what Xia Jingxing considers is to first cooperate with China Digital to create a model, and then attract other software companies with certain IT and system integration capabilities to join the Ecological Alliance of Renaissance Cloud Computing, quickly gain a large amount of market share, and not fight with domestic counterparts. Too long.

  If you have the opportunity, you still have to enter overseas markets and become an international cloud computing company.

  (End of this chapter)