When he said goodbye to Ah Ya on WeChat, Chu Yuanxi couldn't help but think of Xiao Li's last time coming to Xiaokang. It was in September last year, when he and Director Uchida of 724 came to visit.

Thinking of Xiao Li, Chu Yuanxi thought of India again, and then thought of an interesting news that happened in India today. On this day when the Democratic Party was in a primary election, the US President of the United States Emperor Chuan came to India, and then the Indian people enthusiastically held a large welcome party called "Hello".

As a result, Emperor Chuan gave a speech in front of tens of thousands of people, saying: "We have a very good relationship with Pakistan..."

Are you surprised? Are you surprised? Are you used to reading textbooks with rigid processes. This famous scene is particularly impactful. It is said that all the cheers on the spot ended suddenly, and a needle fell to the ground could be heard.

Chu Yuanxi immediately felt sorry for the old immortal Modi for a second, thinking that Emperor Sichuan was trying to make things difficult for me Modi?

It didn't take Lu Yu to report this to Chu Yuanxi himself. It was a very good ghost material. Chu Yuanxi instead pushed it to Lu Yu and asked him to do a video of B station to join in the fun. Don't ask, today is another carnival on B station.

The main reason is that the third brother has released great hostility towards the State Council during this period, which is very obvious and unconcealed, and he just wants to say words in public that he hopes the State Council will fail.

So Emperor Chuan did a beautiful job!

There are still many big events happening this day, such as Green Factory held their new phone launch conference, and the pricing and configuration of iqoo3 are regarded as a strong boost to Xiaomi, and Mi10 is also a representative of cost-effectiveness.

For example, DingTalk also launched a 5.0 version journey in the form of a cloud press conference, hoping to launch circle functions to create its own private domain social networking, grab traffic from WeChat Moments, etc.

But when he was having supper as usual, he saw Grandpa Suzuki standing in the corridor, looking at the sparsely crowded street outside the bay window, his eyes were very blurred.

"Are you always?" Chu Yuanxi stopped. Yu Suzuki looked particularly hunched today. He could feel Yu Suzuki's silent sadness.

I heard Yu Suzuki say, "An old friend of mine passed away today."

"Ah... I feel sad." Chu Yuanxi said that this is the case, so it is not convenient to inquire.

Unexpectedly, Yu Suzuki continued, "Have you played Conrat? He invented it. It would be great if he could generate 30 lives in his life."

Chu Yuanxi said intimately! I know so well. In today's terms, this is the symbol of pop culture back then!

And now Baren has begun to work in film and television dramas. He also knows that "Contra" has a live-action movie plan and is co-production with Guochao Film and Television Company. When he saw this news, he joked that the protagonists of the movie could not be named 1p and 2p, but he didn't expect it...

I heard Yu Suzuki say: "President, I want to do something, do you support me? I want to make a documentary, which may take up some time."

"Ah? What's the record?"

"What happened in your country during this period is zero-contact takeaway and diet, everyone wears masks, thermometers, and two weeks of quarantine at home. They mainly take pictures of how your life is affected. The situation in our place has been very bad recently..."

Chu Yuanxi thought it was not just a bad thing, isn't it going to be 226 right away? He felt like he saw that even the emperor was pranked out by someone to commit rape, and it even became a drama.

"Okay, I'll ask Lu Yu to support you. Do you want to take it back and play it?"

"Yo Xi!" Yu Suzuki finally showed a smile, "Yes, it happened to be placed on the self-media of the group company, so that the group of red deer can see what should be done!"

…………

On the 26th, the sky above the imperial capital was cloudy.

Sister Xu’s contemporary capital is headquartered in the Magic City, and the imperial capital only has an office, but the environment is pretty good. It’s not the first time Chu Yuanxi has been to her coffee room, but today I feel super hot and I can’t help but loosen my tie. Today he wore that modern double-row big button black suit again. Mr. Chu, who rarely wears formal clothes, wears this way, showing that he respects people very much.

When he entered the door, Xu Xin was already inside, and there was a man with gray hair and white skin. Chu Yuanxi didn't recognize him and thought he was someone among the main masters. Unexpectedly, the other party took the initiative to stand up and stretched out his hand. Xu Xin next to him said, "This is Lao Ning from CC Investment. I happened to be here today, so I will meet you by the way."

"Hello, hello." Chu Yuanxi quickly shook hands. cc investment is a very quiet name. It was once a romantic one. Until now, it is a European Pe investment family. In terms of size, it is a giant among giants, much larger than contemporary capital. Xu Xin is not as big as the scale, but not even her younger brother. However, with the acquisition of Qiao Jiangnan and Aunt Dumplings, the two celebrity companies quickly fell into decline, and the ability and style of this Pe has been questioned. In recent years, it has rarely appeared in the investment circle of the Guo Dynasty.

After shaking hands, he quickly looked at Xu Xin. It was impossible for the CC investment boss to come here specifically to get to know him. I think it has something to do with money?

Sure enough, Xu Xin was straightforward and said, "Lao Ning is indeed a little bit of a problem, but it's just a good thing. Let me tell you?"

Chu Yuanxi smiled with a gentle smile and sat down peacefully. Lao Ning said: "We are not very interested in investing in China at present, but we have been doing mergers and acquisitions, mainly doing some auxiliary mergers and acquisitions."

The so-called auxiliary merger is to assume that Xiaokang wants to acquire a software service company like Two-dimensional Huo, but Two-dimensional Huo is priced at 1 billion yuan. Xiaokang cannot afford that much money and does not want to borrow or borrow. What should I do? Another way is to seek an agency to get an auxiliary position.

In this way, if the institution pays money and Xiaokang generates a merger and acquisition entity, of course, he must also take out part of the money and then sign a series of agreements. So the money will be collected first to buy the target merger and acquisition, put it in Xiaokang, and then there are several ways to deal with it.

One is that both parties are sincerely holding shares and are optimistic about the increase in the value of the 2D Fire after being acquired by a well-off society. However, this kind of 2D Fire is very unfavorable. It is not that the 2D Fire is profitable by the institution after the value of the 2D Fire is increased, but that the 2D Fire cannot be broken up and absorbed into its own company, losing the passiveness of this key option. Once it is broken up, it involves hollowing out the 2D Fire and infringing on the interests of the brother institutions. Therefore, a series of agreements and memorandums need to sign a series of agreements and memorandums to ensure that the small money of the institution is not violated.

Another way is to agree on a date. At that time, Xiaokang should have saved enough money and buy the target completely. In this way, the institution completes a transaction and can make a considerable profit by using a handle across the bridge. What if Xiaokang does not subscribe? The institution also has a put right and can forcefully sell it to Xiaokang, but the price is definitely lower than Xiaokang's subscription price.

There are more complex models involving arbitrage, sales, etc., but in short, both parties cooperate to get what they need.

I heard Lao Ning say: "We are very interested in another merger recently. Do you want to hear it?"

"Let me guess." Chu Yuanxi stretched out his hand and gestured, "Can it be... a game?"

"Hey, Sister Xu has revealed the news to you?"

"Hahahaha, there are not many acquisition objects for such a large-scale PE organization on the market. It's a good thing, or a good thing I'm interested in. In fact, the optional range is quite narrow. Le Game has long disclosed its intention to be acquired, so it's easier to think of it."

In fact, what Chu Yuanxi wanted to say was that he had found Baren in Temole Games, otherwise he wouldn't have thought of it so easily.

That was after Baren put the first money from Alibaba in his pocket, but the offer price of Le Games of 10 billion has left Chu Yuanxi without any idea. What should he buy? The pe multiple sold by Baren Games is lower than the pe multiple of Le Games' offer price. Isn't it a loss if I buy it? So I just slipped away.

However, for companies that want to "buy profits", this multiple of pe becomes very attractive. Around 7 times of pe is buying assets on the market, and the premium rate is really not high.

The so-called pe multiple is the price-to-earnings ratio, which is the multiple after the valuation divided by the current net profit, which represents how many years it takes to make the invested money back after the investment.

Of course, the company that buys profits is to beautify the financial statements and then go public, and use cash to exchange for the increase in profits. Listing is a very strange thing. Having money in your hands not only does not help the listing, but will bring problems - why are you going to go public and make money when you are so rich? On the contrary, the profit is very good, especially for my big A-shares, which have profit requirements for companies that apply for listing.

Driven by Chu Yuanxi's cheerful smile, the room was filled with joy for a moment. Xu Xin said: "Lao Ning is now talking to another game company, and the other party is also very active, but the money is really needed. I want to ask you, is the Baren Group willing to join forces with the three companies?"

Chu Yuanxixin said that the three companies are united, so how can they be a fucking trick? If two game companies join forces to acquire, who will join forces?

"Mr. Ning means that Baren also serves as an auxiliary acquirer?"

"It can be discussed, and it's okay for Ba people to be the main force." Lao Ning also observed his expressions, but found that Chu Yuanxi seemed to be not very interested.

He couldn't help but frown slightly and said, "Mr. Chu, you have so much money in your hands, so you should have the idea of ​​a merger, right?"

"It's true, I've had a few cases recently."

"Then I'll tell you," Lao Ning said, stretching out his two fingers. "First, there are not many really good goals in the market. If you miss them, you really miss them. There are not many people who want to do mergers and acquisitions now. Second, when you see the target you like, you should start quickly, as you may not be too late."

Xu Xin nodded repeatedly: "Lao Ning and his friends are professional in M&A business, especially in terms of coordination."

Seeing that Chu Yuanxi seemed to have not reached the real point, she continued: "This is what we just talked about. Do you know that the China Securities Regulatory Commission opened a refinancing opening in mid-February?"

Of course, Chu Yuanxi knew that not only knew, but also talked with Yuan Jing and Yuan Lu, and issued three instructions in a row to create a "better" financing environment for listed companies.

Xu Xin nodded when she saw him, but did not express her expression, and immediately said in confusion: "I didn't expect it yet? Why did you react so slowly today? After the refinancing is relaxed, listed companies will definitely have to raise money one after another, especially listed companies that were in the middle of the house. What are you doing to raise money? Acquisition of assets. So there will definitely be a large number of corporate venture capital in the future. If you don't buy it now, the asset price will rise."

"This is my second purpose." Lao Ning immediately raised his chest: "M&A services are our strengths."

Chu Yuanxi said that he couldn't tell that Xu Xin was still a sales expert. He was so moved that he even said that he was slow to react. Why did I react slowly? My spirit is all in Meiduo's side, why should I assign more spirit to others?

But to be honest, it is rare to see the PE institutions within the country and the DPRK that focus on serving the needs of corporate mergers and acquisitions. Most of them are amateur players who help their invested companies. Even Xu Xin dare not say that she is professional.

Therefore, he immediately agreed: "Indeed, we have demands, and it's not small. However, I have arranged the CFO of Xiaokang before, and he is also an investor of Baren. Yuan Mu, and asked her to deal with it. Do you think that if Yuan Mu coordinates with you?"

"Oh, you have such a deep relationship with Yuan Mu?" Lao Ning didn't conduct too in-depth investigations on Chu Yuanxi. Yuan Mu knew that it seemed that this matter had been done.

At this moment, Xu Xin said, "The person is coming." Soon, a man with thin cheeks and wearing frameless glasses walked in. He was about forties and had a very gentle temperament. Chu Yuanxi had never met him but had seen a photo. This is Zhang Wu, the ceo of the Meiduo Group.

This is not a easy person to deal with. In fact, what Chu Yuanxi is more willing to see is their chairman and founder Mr. Zhang.

Although Mr. Zhang is talented and stubborn, he is a man after all, and he should be easier to deal with. Zhang Wu has profound insights on the mobile Internet, and his public opinion on new retail is also remarkable. In a word, he is called tactical proficiency. Chu Yuanxi actually has some ideas when he wants to meet this side and needs a certain degree of "persuasion". Xu Xin probably doesn't believe it, but of course, it's better to talk to Mr. Zhang.

When he saw someone coming, all three of them stood up quickly. Lao Ning said hello first, as if he had known each other for a long time. Zhang Wu muttered in a low voice, but Chu Yuanxi didn't know what it was, but when he saw him pressing his hands down, he took the lead in sitting in the empty seat.

The three of them also sat down, and they were just around the corner, which was quite suitable for playing mahjong.

Chu Yuanxixin said that this Xiao Zhang has a strong aura. Some people can show their differences by sitting in the crowd. They don’t need to show off with their clothes or speak, and others will follow his rhythm at the same time. This is the aura.

Usually this is a manifestation of being in the top position for a long time. There are too many people who have managed it and too many reports I have heard. Such people can often control the situation as soon as they open their mouths. Chu Yuanxi himself does not have such aura. He has to speak to release his aura.

Just as Xu Xin was about to speak, Zhang Wu waved his hand and raised his face slightly: "Sister Xu, you know that I don't like to be polite, let's talk about the serious matters directly. Mr. Chu asked me to talk, what are you going to teach me?"

"I dare not take it when I see the sect." Chu Yuanxi smiled slightly, "Although we are unfamiliar with the first meeting, you must have made some speculations before you came?"

Xu Xin was next to him, and seeing that the two of them were talking in a stage manner, I felt like laughing. Chu Yuanxi definitely did not come to contact her feelings. The so-called "I am born again and again" cannot use this occasion.

Zhang Wu nodded slightly, "That's right. You are so busy with business, it's impossible to invite an offer for no reason. In my opinion, it's just a signal, cooperation? Competition? Cooperation in certain fields, competition in certain fields? In addition, some of my colleagues have guessed whether you have any capital operation needs?"

While he was talking, he kept his head down slightly, and finally raised his head completely and showed a gentle smile: "I can't have heard that we have discussed the feasibility of a well-off merger and acquisition, so let's talk about this?"

Xu Xin didn't wait for Zhang Wu to release his aura and immediately laughed with a strong momentum: "Hahaha, you can actually talk, but Xiao Chu, you will be free from speaking for 300 billion."

"It's okay to have 300 billion without it, it's okay to have 100 billion." Chu Yuanxi easily took over this joke, thinking that you really thought about acquiring Xiaokang. Although you can borrow money, you may not have as much working capital as me. Do you have the face to acquire Xiaokang?

Maybe the other three people were talking in turn, and when Lao Ning arrived, he also spoke with the rhythm: "Hey hey hey, why is there still 300 billion or 100 billion? I heard that Mr. Chu wants to raise funds, isn't the offer price 20 billion?"

Zhang Wu said: "The financing valuation is 20 billion yuan, and mergers and acquisitions must generate a certain premium. Haha, it's a pity that we can't afford 20 billion yuan, we are really poor..."

Chu Yuanxi smiled slightly when he heard this, "You are so modest. In fact, I am really willing to sell it for 100 billion yuan. Tianxian matched Duan Luting. I asked him, didn't you tell me that you didn't do it and didn't sell it for 5 billion yuan? Why did you sell it for 1.8 billion yuan? What do you guess he said? He said that Meiduo is really willing to sell it for 1.8 billion yuan."

Zhang Wu suddenly looked embarrassed. Afterwards, he saw the transaction and lost whatever he thought about it! No matter how he said it, it should not be higher than 1.2 billion. The key point was that he had discussed it himself, but it was a bet. But it would be three years later. Do you know what the situation will be in three years?

One has increased and the other has increased. Zhang Wu's embarrassment made Chu Yuanxi's expression more vivid, saying, "Actually, I'm asking Mr. Zhang to come here, and I really want to talk about the possibility of cooperation. Shuangma has invested in the convenience store track, and Jack has been betting a long time ago. Pony actually invested a lot, but it didn't close. The track is very wide and it is not so easy to close.

In fact, there are still many things that can complement each other. If we form a strategic alliance, we might end up? Although the small store layout of Meiduo is very active, it is mainly the main store format. The small store is used as an offline supplement to the app, so our main goal is not incompatible. At that time, we will avoid the sharp edge when facing the twin horses. When we meet the children, I will attack hard, and the back of the financial backer is supported by the father. The scale is just right and the two routes are taken together. Wouldn't it be a pleasure?"
Chapter completed!