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When the young lady left, Liu Lu turned back, pouring tea while complaining: "Yu is me, this young lady called Zhang Zhang cum? Awesome!"

She made a report in a form, and her connotation was to ask why Chu Yuanxi wanted to start the Southeast Asian market.

This kind of thing is not Liu Lu's business scope, so you can't discuss it with Liu Lu, but it's absolutely impossible to hide it from her, because she is now the de facto second-in-command of Xiaokang. However, Xiaokang is still in the forefront of the founding stage, and has neither set up any business groups nor set up a complex organizational structure. They are all project systems, and senior executives implement precise management of each project. So there is no plan for the time being, such as the General Office, the Group General Staff Department, and the President's Responsibility System.

Therefore, Liu Lu's title is inconspicuous, she is just an executive vice president, but she has great power.

She is quite supportive in this regard, and it is meaningless to make a wish to be appointed as an official. A well-off society is not yet a big company, and it is not time to get sick from a big company.

Structural establishment and adjustment are to make the company more efficient, not the opposite. Because large companies have many people and many businesses, they can separate multiple levels vertically and multiple regions horizontally, making it easier to manage. But how much substantial role does this division have? Look at Baidu, what benefits does it bring to so many internal organizations and committees?

Liu Lu knew this most clearly. But she didn't know the meaning of Southeast Asia: "Well, Chu Yuanxi, it's not that the company has developed to a certain level locally and only goes out after seeing the ceiling? At least the business has been established, and there is no problem in verifying the business logic, so we will consider extension. We are going wherever we go? We aim at the overseas market. Is it too early?"

"It's not a little early, what you want to say is how many years earlier, right?" Chu Yuanxi looked at Liu Lu's expression "You still know" and sighed, "Oh, take Xiaomi you are familiar with for example. If you had considered the Southeast Asian market a few years ago, it wouldn't be so miserable now."

"Why is Xiaomi miserable? Apart from the stock price being a little bit bad, I think it's pretty good, the ecological chain is doing well." Liu Lu said, "By the way, someone from my former colleagues in the early years asked me if Ba Ren sells it?"

Chu Yuanxi quietly said two conditions: "50 billion, only cash is accepted."

When Liu Lu heard this, she rolled her eyes. She was from Xiaomi and is now Chu Yuanxi's main assistant. From her perspective, as long as the price is good, it is a very good thing to sell Baren to Xiaomi, and it is good for both parties.

Xiaomi has always called itself an "Internet company". It was even questioned by the China Securities Regulatory Commission for insisting on this statement and had to recover the issuance application for A-share CDR. Why must it be persisted? Because the ceiling is high, the American GoPro does this, and Xiaomi of Tianchao cannot do this? For valuation, domestic and foreign startups are all this routine, and they try to break their business limits. If they cannot open it, they will open it verbally.

Unfortunately, Xiaomi's Internet service business has never exceeded 10% of its total revenue.

However, although Xiaomi's revenue is 170 billion, its total profit last year was only 8.5 billion, which is exactly 5%. If it acquires Baren Group and then consolidates the statement, the profits of Internet services are likely to exceed the total profits of other businesses.

So from this we can draw a very simple conclusion: although Xiaomi is large in size and profit is too low, it cannot afford to buy Baren, at least it cannot afford to buy it in cash.

What makes Xiaomi embarrassed is that it has not been able to make A+H listing. I watched A-shares with a weight of more than 30 billion yuan slip away from my mouth, but H has already started. I was happy when I was ipo. If I want to raise funds, I have to follow the rules. So where to go to find money has become a problem. I never thought that one day I would face the problem...

This is also one of the reasons why Xiaomi's stock price fell from its highest point of 22 to below 9. Rebs probably doesn't know what can make people who buy Xiaomi's stocks double their profits.

So at the beginning of the year, Rebs announced in public: "Students, maybe everyone has felt that winter has arrived. In 2019, we are about to face the most severe challenges, and there is no room for blind optimism."

But Liu Lu still wanted to slap because she found that Chu Yuanxi was a very flexible person and did not have the most common stubborn problem of entrepreneurs. Although Ba people have made great progress in well-off society, they are not as big as a large amount of money.

Therefore, if you change to some entrepreneurs, what? Sellers? Don’t even think about it! But it’s really hard to say about Chu Yuanxi. Especially now, this point of time seems to be a good time to sell Baren. If it’s late, counterfeit products should emerge in large quantities. After all, Xue Ming’s set of black technology is not an unrealized black technology. You can do it with time and resources. It’s just that Chu Yuanxi is brave enough to take the lead.

Her question is: "Why do you have to ask for cash? Is equity mergers and acquisitions + part of the cash not good? It can be estimated a little higher."

"I will lose my heart if it is high, but I won't do it if it is low. The key is that Xiaomi's stock price is not good." Chu Yuanxi didn't want to quit this matter. Mergers and acquisitions must have a premium. For example, Chu Yuanxi's valuation for Baren is 30 billion, but if others want to make a fuss, I'm sorry, 30 billion will definitely not be sold. But no matter how high it is, it will be a cheating person. The real boss Rebs will be difficult to survive in the future.

"Oh, don't you understand the stock market? This is called oversold, the price is seriously undervalued, it is a high-quality stock that was wrongly killed, and it is the time to buy." Liu Lu wished she could not post her account on Xiangjiang Exchange, "I have bought some recently. Xiaomi's net profit last year was 8.5 billion, and the year before yesterday was 5.4 billion, up more than 50%. Don't these stock speculators look at the financial report?"

Chu Yuanxi covered his face and said, "I have a little more leek in the company, but it's still a very rough and special kind that is worth cutting." "Sister, these stock traders are more sober than you if they don't read financial reports. The valuation of your Xiaomi listing is not based on financial reports, but on storytelling. Is it good to tell a story? Now that the mobile phone is not selling well, it's hard to tell the story."

Not only is it difficult to talk about, but Xiaomi also pays too much attention to market value management. In order to boost stock prices, it has made 21 stock repurchases in a row just half a year after listing, which simply regards the stock price as life. This is a typical case of being dragged down by listing, and its energy is hindered by market making. How much is there to feel about producing skin?

But what Liu Lu saw was not like this: "Who said there is no story? Is Xiaomi's story just beginning? Are you too unobjective? Didn't you hear Rebs say you want all in iot? Isn't this story good?"
Chapter completed!