Lu Zhou put down the new option allocation plan submitted by Wang Wenjun, and continued, "Well. Just arrange it like this. Brother Wang, you have no problem doing it."

The plan submitted by Wang Wenjun is the latest option allocation within Mengguang Company.

In March last year, Mengguang's financing added a huge amount of new shares to the option pool. Now, the entire option allocation plan will grant all Mengguang employees up to 2.5 million shares of options. The exercise price is still based on the single share raised by Mengguang in March last year.

This distribution does not involve senior executives like Fang Qiang and Wang Wenjun, but mainly targets the middle and lower levels of the company. If calculated per capita, the number of employees of Mengguang No. 200 will receive more than 10,000 shares of options each.

Of course, 10 years earlier, Meng Guang also granted an option to his employees. At that time, the exercise price set by this batch of options was only 1 US dollar. The scope of grants was even more concentrated, and the per capita payment was much higher than this time.

From this perspective, the difference between the exercise price before and after is as high as 4 times! After all, old employees also have the benefits of old employees. It was a bit harder in the early stage, but the options you get are more affordable and can be obtained earlier.

Old employees who have obtained options one round earlier have already unlocked the part after a year. Most employees who have obtained options in the new round will have to work in the company until 15 years before they can completely get the benefits.

As for the exercise price of US$4, most employees are still quite confident. The valuation of Mengguang's series of subsidiaries has reached US$400 million. Can the valuation of parent company Mengguang in the past two years be lower than this number?

Lu Zhou continued to say to Wang Wenjun, "Brother Wang. Mengguang has a heavy task this year, and you know that Fang Qiang will continue to seek growth points in his business, and you need to make some reforms and preparations for your application for listing next year."

Wang Wenjun nodded slightly. Meng Guang's plan next year's middle and senior management are aware of the basic plan. Although it seems a bit shocking to go public in three years, Meng Guang's current profitability and basic conditions are all able to meet the standards. If there is any problem, it is probably because the company is too young and the market may not be willing to pay.

He said, "I have been working on the standardized things here. But I think it's a bit difficult to deal with in the middle of Dream Valley payment."

Lu Zhou naturally understood what Wang Wenjun said after hearing this.

Menggu Payment is a wholly-owned subsidiary of Mengguang, but its main business is WeChat Payment in cooperation with WeChat. As for the average daily turnover and the accumulated funds pool of Menggu Payment, this will be a stable cash cow in the future. Even if it is too much, Menggu Payment's valuation will be higher than Mengguang in the future, and I think most people inside will not have any doubts.

At present, the financial report of Menggu payment has been incorporated into Mengguang. But if you say it is reflected in Mengguang's valuation, there is really not much.

Lu Zhou waved his hand and said, "I understand what you mean. Demolition and restructuring are all certain. But it is definitely not now. Before we wanted to make payments, only Mengguang had cash flow for several companies, so it is reasonable to hang them under Mengguang. But now it doesn't sound nice. If you really want to dismantle them, no shareholder can be happy.

The development momentum of Menggu Payment is there, and several institutions are unlikely to accept low quotations. In particular, a large part of the money from the previous round of financing flowed into Menggu Payment.”

After all, this is the case. The capital gives it to you to mark the price early.

Lu Zhou then added, "Don't worry too much for this for the time being."

After hearing this, Wang Wenjun had no choice but to accept it, "Okay, I understand this."

Lu Zhou continued, "This year, Mengguang needs to raise another round as planned. The company is not short of money, but now the Menggu ecosystem has become a whole, and the surrounding companies need a lot of money. Then we used the financing money to transfusion blood for Chuangmeng and create profits for ourselves, which is also something we should do.

Mengguang also needs this round of institutions to re-set a price. This will also give you better initiative before going public."

Wang Wenjun pondered for a moment, thought that Lu Zhou's statement was not a big problem and said, "Okay. I'll write down this first. Later, I will contact Mr. Bao in advance to ensure that Meng Guang's next round of financing can be started at any time..."

After hearing this, Lu Zhou signaled Wang Wenjun to wait.

He said, "The reasonable price I expected for Mengguang is around $1 billion in the next round. If it is difficult to achieve, then the bets with business conditions or listing commitments are OK."

After hearing this, Wang Wenjun was stunned. Meng Guang's profit last year reached 400 million yuan. If we look at it strictly, this estimated 600 million US dollars would be in a relatively reasonable range.

Especially, if this is not a bet, it will be just a way to go to the market. If Lu Zhou had not had great confidence in Mengguang, he would be really anxious to go public and find money.

But it doesn't make sense, because Meng Guang is really not short of money, which is really strange.

He said, "Is this too hasty?"

Lu Zhou shook his head, how could Wang Wenjun understand what Lu Zhou thought?

The hot years of China's independent application market are really short, it is nothing more than when the smartphone market first emerges. Even in the future, giants will each hold their own application market channels, which is only a part of their strategy.

According to Lu Zhou, Mengguang will still rely on its main business to support the big head in the next two or three years, but what will happen in the future? The support must be the only one of the "big son" Menggu Payment, followed by the profits returned from the subsidiaries of Menggu Ecology, and even in the end, it may be based on Chuangmeng's investment income.

Because now is a time of war, major mobile phone manufacturers are fighting to rob the market. In the next few years, small and medium-sized mobile phone manufacturers will definitely die. After being acquired, there will be only a few big players left. Mobile phone manufacturers have built-in app mall, so the profit logic of bananas will be difficult to survive. If you pre-install a mobile phone, bananas will be bombarded without leaving any residue.

Strategic importance. If the application market of mobile phone manufacturers is really ravaged in the future, then Mengguang Banana is not a product. But if you don’t go public while it is in a glorious way, you have to wait for it to become cold? At least if you go public, you can recharge your cash flow and spend money on the surrounding ecology. Using Chuangmeng to be an "Internet investment bank", it is much better than guarding this acre of three-point land.

Is Meng Guang short of money? That's because he lacks it, it's really too lacking.

Lu Zhou ordered, "Brother Wang. Mengguang made a profit of 400 million last year, and this year we will achieve at least 1.2 billion. My expectations for listing are also very simple. US$2 billion is my bottom line for Mengguang."

After hearing this, Wang Wenjun was under a lot of pressure. Isn’t it too much to dismantle Menggu Payment? With this leg, even if WeChat Pay will cost money this year, the reports that came out will definitely not be ugly.

Wang Wenjun joked, "You want to say that. I'm afraid the option allocation in my hand will be changed! At your price, wouldn't it be given out several hundred million in this round? I feel sorry if you don't feel sorry for me, there is not much left in this pool."

Lu Zhou also knew that Wang Wenjun was just a joke. Meng Guang could still afford to pay for employees with this little money.

But, 2 billion US dollars, Lu Zhou himself didn't say anything about it.

Even if you can sell yourself for 1.9 billion, Mengguang is now an application market, with a basket of subsidiaries and Menggu Payment. If he really fails to achieve his goal, he doesn’t know whether he should fight Fang Qiang or Wang Wenjun.

......
Chapter completed!