"Have any investors contacted Fenglei Fund?" Zhang Shuo asked curiously.

Private equity is different from public equity. It pays more attention to reputation and ability in the circle. Most investors still trust venture capital giants such as Scarlet Capital.

Although Fenglei Fund has completed two investments, it is difficult to see the investment effect in the short term.

"not yet."

Chen Lu looked slightly embarrassed.

"Just wait a little longer. When the time is right, I will inject another amount of capital into Fenglei Fund." All Zhang Shuo can look forward to is the day when Germination will achieve tens of billions of profits.

Rough estimate.

Since the establishment of Sprout, the main profit has been contributed by Jade Bird Interactive Entertainment, including monthly profit and income from selling overseas agency rights, which is roughly around 5 billion.

Furthermore, the total profit of Qingcheng’s retail sales did not exceed 100 million.

It is expected that it will be at least until the end of the year, after new games such as "Clash of Clans" are launched, that it is expected to break through the 10 billion profit mark and receive corresponding financial rewards from the system.

"There's no rush."

As a new player in the private equity circle, Fenglei Fund has been established for less than half a year and has already invested in two projects, which is already considered highly efficient.

Most of the time is actually spent on investigation and analysis.

Chen Lu also has no ambitions.

"By the way, this is for you."

Zhang Shuo took out a gold coin from his pocket. It was about the same size as a coin, but significantly thinner.

This is a sample previously sent by the commemorative gold coin foundry. On the front is the text commemorating the first anniversary of Moya Holdings, and on the back is the Moya LOGO.

The design is not very novel, it can only be said to be quite satisfactory, but it is more substantial and majestic.

"Thanks!"

Chen Lu was very happy, not because of the gold coins themselves, but because Zhang Shuo thought of giving her a gift.

I feel very happy in my heart.

As a result, before the two of them finished their meal, Chen Lu looked at Zhang Shuo and her eyes were watering.

This little goblin!

…………

Monday, May 23rd.

After a pleasant and exciting weekend, Zhang Shuo dragged his tired body to the company.

Is it okay not to go to work but to be more tired than to go to work?

It can only be said that Chen Lu dotes on Zhang Shuo so much. She always goes out of her way to bring Zhang Shuo novel experiences again and again, and she can't stop every time.

Zhang Shuo even joked to Chen Lu, "If you have this intention, what can you do?"

It also takes talent to please people.

As soon as he got to work, Luo Chang'an, the manager of the Investment and M&A Department, brought good news: "Mr. Zhang, the investigation and evaluation of Hengteng Electronics' assets and liabilities have been completed. The boss of Hengteng Electronics also intends to sell Hengteng Electronics. Next article

The first step is to enter the substantive price negotiation stage.”

"Good job."

Zhang Shuo was very satisfied, Luo Changan was indeed a professional.

Acquiring a manufacturing company is far more complicated than acquiring an Internet company. The assets alone include tangible assets, intangible assets, fixed assets, etc.

There are also many pits inside.

If you fail to complete a thorough investigation before the acquisition, you are likely to fall into a pit.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Similar examples abound.

Due to tight time and heavy tasks, in order to complete the asset and liability assessment of Hengteng Electronics in the shortest possible time, Luo Changan also hired his old employer, Bimawe Accounting Firm, to participate.

That's it.

In the past week, Luo Changan basically could only sleep three to four hours a day.

I still have dark circles under my eyes.

"What is the proposed purchase price proposed by Bimawe Accounting Firm?" Zhang Shuo asked.

"Bimawei's valuation of Hengteng Electronics is 150 million, including the brand value of Hengteng Electronics, mobile phone licenses, and Hengteng Electronics' factories, equipment, orders and other assets are all packaged."

The most valuable thing about Hengteng Electronics is its mobile phone license and factory. The brand value is almost nothing. After all, it is a copycat mobile phone manufacturer, so it is basically valuable, which is also a negative.

After Germination completes the acquisition, it will change the name of Hengteng Electronics.

"Let's negotiate based on this price benchmark. You are solely responsible for it." Zhang Shuo did not have the energy to get involved in specific negotiations and could only choose to believe Luo Changan.

"OK."

Luo Changan also enjoys this kind of trust.

"I heard that Hengteng Electronics is a family company?" Zhang Shuo was concerned about another issue.

"It's like this. During the investigation and evaluation of Hengteng Electronics, we found that almost all of Hengteng Electronics' human resources, finance, auditing, logistics, warehouse management, and purchasing are relatives of the boss."

This is also a common problem among many private companies.

Before the professional manager system was introduced, they still trusted their family members more than outsiders.

Unlike Zhang Shuo.

From the very beginning, people in the family were prevented from entering into jobs, even as security guards.

"After the acquisition is completed, all these people will be fired."

Zhang Shuo doesn't have the energy to evaluate which of these closely related households are the ones with soy sauce and which are the ones with real talent and learning. He can only make a one-size-fits-all decision.

Don't leave a bunch of moths behind.

It also started out as a copycat mobile phone, so there must be a reason why Hengteng Electronics is so anxious to sell it.

"Understood, I will include this clause in the contract negotiations." Luo Changan will definitely implement the boss's instructions without compromise.

…………

Just as Luo Changan left, Jiang Yue came in again to report.

"Mr. Zhang, Sprout Holdings Co., Ltd. has officially changed its name to Sprout Holdings Group Co., Ltd., referred to as Sprout Group, and the new company seal has been engraved."

This can also be regarded as a gift for the upcoming first anniversary of the establishment of Sprout.

So far.

Whether internally or externally, Sprout Holdings will be a group company involved in multiple industries such as gaming, social networking, new retail, cloud computing, real estate, investment, and mobile phone manufacturing.

And it is a truly comprehensive group enterprise.

The overall valuation of Buya by the investment community has exceeded 30 billion. This is excluding the mobile phone business. If you include the mobile phone business that is about to launch, it is very easy for the valuation to exceed 40 billion.

What is the concept of 40 billion?

In 2011, among the three Internet giants in terms of market value, Qiandu ranked first and led the way, with a market value of US$40.6 billion; Tenda ranked second, with a market value of US$37.4 billion.

Because Ali only listed its B2B business in Xiangjiang, its market value exceeded US$5 billion.

That is to say.

If Sprout chooses to go public this year, its theoretical market value will catch up with Ali.

It is definitely one of the most promising unicorn companies in China at present.

The net profit of one subsidiary of Jade Bird Interactive Entertainment alone has exceeded that of Internet giants such as Wangji. In terms of profitability, it is second only to Qiandu, Ali and Tenda.

The gap with Netzhi and Xingsheng Net is only reflected in the scale of revenue.

The reason why Suiya is not as famous as Xingsheng Network is because it is not a listed company and does not need to disclose specific revenue to the outside world. The outside world knows nothing about it.

otherwise.

It will definitely cause an uproar in the Internet circle.

Who would have thought.

In just one year, the Internet industry has given birth to such a super monster?
Chapter completed!