My Return to Life

Chapter 622 Sit in rows and spend money to build a billion empire

Fang Nian, a modest and gentleman who just finished surfing the Internet, greeted with a smile: "Good afternoon, Mr. Ren, I am Fang Nian."

"Hello, Mr. Fang." Ren Yuxin said with a smile, "It's rare that Mr. Fang took the initiative to call me. What's your order?"

Fang Young smiled and said, "I wonder if Mr. Ren has time to come to Shanghai recently?"

"After a year of hard work, let's pay a share of the money so that we can go home for the New Year."

Ren Yuxin smiled and said: "This must be free, Mr. Fang, please set a time, and then notify me."

"I have to go there empty-handed and empty-stomach, just waiting for Mr. Fang to have a big meal!"

Fang Nian was happy: "Okay, okay."

Then came Shen Neil.

Neil Shen smiled and said, "Boss Fang, you've got the timing right. I'm going to board the plane back to the capital in two minutes. I just happen to be in Shencheng. If possible, please trouble Boss Fang to coordinate until tomorrow."

"What a coincidence, I'll try my best to get it done." Fang Nian said with a smile.

After thinking for a while, he said, "I don't know if Mr. Shen has time in the evening, can we have a meal together?"

Shen Nier didn't hesitate much, and agreed: "Being respectful is worse than obeying orders."

Then Fang Nian contacted Kuang Ping and Liu Qin, both agreed, and finally called Ren Yuxin to confirm the time.

After everything was done, Fang Nian also heaved a sigh of relief.

Although he still has an exam tomorrow, it doesn't affect the time.

Later, Fang Nian drove to Jing'an.

After seeing Neil Shen, Fang Nian said kindly, "Boss Shen is troubled."

"President Fang is very polite." Neil Shen smiled and asked Fang Nian to take a seat, "It's still early, how about some tea first?"

"It's all right."

"..."

In order to avoid traffic jams during the evening rush hour, Fang Nian went out more than half an hour earlier, and it was only a little over five o'clock, which was far earlier than the normal dinner time.

After consulting Fang Nian's opinion, Shen Neal asked the waiter to bring a new set of tea sets.

Shen Nier, who is in a neat suit, is very skilled in making and washing tea in a gentle and elegant manner.

When the water is full and overflowing, the cup cover is attached to the edge of the cup and turned outwards to the right to scrape the foam, so that the tea foam and water flow out;

Finally, put the lid on the inside of the cup and shake the cup to remove some of the water.

Only then handed it to Fang Nian.

Staring intently at Shen Neer's completion of this set of procedures, Fang Nian was amazed: "Mr. Shen's set is really pleasing to the eye. I have been thinking about it for a long time and I haven't learned tea art yet."

"Boss Fang laughed." Neil Shen smiled slightly.

"..."

Drinking tea, the two chatted and chatted.

Then Neil Shen changed the subject: "I heard that someone from above went to Mr. Fang's frontier inspection today, or is it the one that goes all the way?"

"No way, Mr. Shen can hear such secret news?" Fang Nian looked shocked.

Shen Nier made a gesture and said with a smile: "I didn't know about it before, and it only spread in the afternoon. Anyone with a connection can know about it."

"I have little experience,

I really don't know about it. "Fang Nian pretended to be shocked, "I thought there was someone with a big mouth on the frontier. "

In fact, he is still clear that there is usually no specific news before the inspection, and it will gradually spread after the inspection.

It is some kind of unspoken rule.

Regardless of whether there are media reporters following.

For example, there were no media reporters during the inspection of the frontier Nuwa system laboratory.

Otherwise, it is really possible to go directly to today's 7 o'clock file.

"Boss Fang was overthinking, but no one expected to go to Ping School." Shen Neil's tone was very thought-provoking.

Fang Nian still pretended not to understand: "Is there anything special about it? I was also shocked when I learned that Ping School is here."

"Do you still need to be particular about it? The level of the Ping school is over." Shen Neil said casually without showing any signs of expression.

"I heard that the Nuwa system has been established?"

Fang Nian didn't hide it: "Under the nuclear high-tech project, it has been passed on for several months, but I didn't expect it to be implemented suddenly after turning over the year."

"The frontier is relieved, right?" Neil Shen laughed.

Fang Nian nodded, didn't say much, and changed the subject in a timely manner: "Let's not talk about this, Mr. Shen has been very busy recently?"

"It's okay." Neil Shen said, looking at Fang Nian, "I'm sorry to say that, in November, Mr. Fang reminded me that the market for social software is vast, and in a blink of an eye, Goose Factory and Xiaomi are madly trying to seize the market opportunity. Ugh……"

"Mr. Fang's decisiveness on Xiaomi is really unique. In the blink of an eye, Xiaomi has grown up. With the development of Qingchat and the popularity of Xiaomi mobile phones, the potential of 100 billion has already begun to show its scale."

After listening to Neil Shen's words, Fang Nian's heart moved, and he said, "Mr. Shen is so optimistic about Xiaomi's future, do you want to play with Mr. Lei again?"

"Xiaomi wants to raise money again?" Neil Shen raised his eyebrows, showing surprise.

Fang Nian nodded: "The development of Xiaomi in the early stage is obviously very difficult. The pressure on production funds and inventory is too great, and the current volume is too reluctant."

Shen Nier hardly thought about it, and immediately said: "No problem, thank you, Mr. Fang."

Fang Nian was very polite.

"..."

Shen Nier is not a person who eats alone, and he was a little relieved at the dinner table: "If there is a suitable opportunity in the future, please let Mr. Fang know more."

"Definitely." Fang Nian nodded.

It is a euphemistic meaning of earning money together.

Although Sequoia Capital is very good, it is impossible to invest in all companies. The market is so big, and partnership business is the kingly way.

And although Fang Nian's frontier angels are low-key, their hit rate should not be too high.

"..."

Neil Shen also had a brief exchange with Fang Nian about the industries he is optimistic about in the near future.

It is mainly concentrated in the social industry.

Fang Nian also briefly said that he is currently more optimistic about the development of the mobile audio-visual industry.

Anyway, it's just talking about the general direction, which doesn't matter.

In the final analysis, only one or two companies with opportunities will emerge in each segment.

…………

…………

January 11, Laba Festival.

Early in the morning, Fang Nian rushed to the school for the exam.

I didn't go home for lunch, so I took a sneak bite with Wen Ye and the others. At least I can have Laba porridge, which is not bad.

In the afternoon, Fang Nian, who was the host, booked a private banquet hall on the 86th floor at Park Hyatt.

I have been in the South Pavilion on the 93rd floor many times in a row, but this time I changed the place specially.

The overall style is also different, which is quite good.

Although there are Bingwa and Wu Hong among the shareholders, both of them are employees who hold shares and will no longer enjoy equity after resignation, so it is not their turn to participate in the distribution of money.

Besides, their dividends and bonuses have already been taken.

In the past 2010, there were still 27 million shares in the employee share pool of Dangkang Games that had not been distributed, and all of them were distributed to each employee equally as benefits.

Each person can get a pre-tax dividend in the early 10,000s.

This is in addition to the year-end bonus.

In comparison, this is a bonus that surprises many new employees.

Because some employees have just joined, there is no year-end bonus, only 500 yuan for the annual meeting.

Secondly, the total year-end bonus of Dangkang Games in 2010 is not as much as the dividend of the 27 million shares.

After all, according to the company's rules and regulations, it takes at least 3 months to get the year-end bonus, so in the end, less than 2,000 people got the year-end bonus.

Probably issued less than 45 million year-end bonus...

so……

There were only six people sitting in this private banquet hall, namely Shen Nier, Liu Qin, Ren Yuxin, Kuang Ping, Fang Nian and Guan Qiuhe.

After exchanging pleasantries, Guan Qiuhe directly brought up the business: "The 2010 annual financial statistics report has been sent to your mailbox last Thursday;

In 2010, the cumulative revenue of Dangkang Games was 10.376 billion, and the net profit after full audit was 3.828 billion. "

Speaking of this, Guan Qiuhe glanced at everyone: "As of 5:00 p.m. yesterday, Dangkang Games' domestic revenue in 2011 reached 1.19 billion, which can basically maintain the normal operation of the company. I propose that this time it will be fully distributed."

"I agree." Fang Nian was the first to express his opinion.

Shen Neer and the others all smiled, and said in unison: "I have no objection."

Guan Qiuhe opened a new document: "According to the financial audit, minus some dividends withdrawn in advance due to special declarations, a total of 69% of the shares held under my name and on my behalf should be paid out in pre-tax dividends of RMB 10,000."

"This is the detailed financial statement, please check it."

"..."

Among them, almost 150 million yuan was due to some personal funds that Fang Nian and Guan Qiuhe withdrew from the company account in advance.

It even includes the depreciation of the Bugatti, Audi, and Phaeton that are completely attributable to Fang Nian's personal use, as well as the depreciation of Guan Qiuhe's Bentley and Porsche.

They were all listed in the financial statements in detail, and it was impossible for Fang Nian and Guan Qiuhe to tamper with the financial data.

After reading the report, Liu Qin said, "Fang is not too particular. The total depreciation cost of the vehicle is only more than one million yuan, and it was purchased before we became a shareholder. It is unnecessary."

"I think it is very necessary. Mr. Fang is not short of this money at all. The company's accounts are clear and no one can find any faults. It is best." Shen Neil said seriously.

He agrees with Fang Nian's approach.

For a company with a complex shareholding structure, it should be even more clear about every dime.

Favors belong to favors, and money belongs to money.

More than one million yuan is not a big amount for them. It is often said that it is an investment of tens of millions, hundreds of millions, or even billions, but this amount is enough to be punished for the crime of embezzlement.

Fang Young smiled and said, "Thank you, President Shen, for your understanding."

Shen Nier smiled slightly, and suddenly said: "Then I'll be the host tonight, and I'll pay a fee of one million yuan, everyone will be rewarded."

Everyone laughed.

Dividends continue.

According to the ratio of 11% for Morningside, 7% for Frontier Angel, 3% for Sequoia, 2.5% for Qiming, and 2.5% for Goose Factory.

Counting the extra 150 million.

They are almost 10,000 yuan, 10,000 yuan, 10,000 yuan, and 20,000 yuan.

Another 5% of employee shares have already been distributed.

As for the 36% shares that Fang Nian actually held, according to various calculations, the final share was 10,000 yuan, and Guan Qiuhe held 33% of the shares, and the share was 10,000 yuan.

It's all pre-tax income.

The final amount that can be recorded in Fangnian is a little over 1.014 billion.

Guan Qiuhe finally got a little over 980 million in the account.

The important reason for the difference of only 30 million is that Fang Nian spent much more than Guan Qiuhe in 2010.

but no matter……

Both Fang Nian and Guan Qiuhe will have a good year.

Several capitals didn't even get back the capital, but this is normal, and the investment is less than a year.

There is one thing to say, except for Guan Qiuhe's money who can be very confident, everyone else is a "sinful capitalist" who enjoys the benefits.

Including Fang Nian's classmates.

Fang Nian didn’t even go to the office of Dangkang Games in 2010.

The last time I went to the office of Dangkang Games was in 2009.

Even though Fang Nian's proposal was very valuable, Guan Qiuhe was busy with the implementation of specific affairs and the management of the company.

Changing to a professional professional manager can do half of it.

For example, Wu Hong is a top professional manager, but he is still not as good as Guan Qiuhe.

after all……

Mr. Guan has a talent for negotiating, and he has inexplicably negotiated a lot of cooperation. For the time being, the money-making stuff of self-operated games is all Mr. Guan talks about.

The most important thing is that if you change someone, the cooperation with Fang Nian will not be so good.

Fang Nian still has pride in his bones. In a year or so, he is too lazy to be a partner, let alone make friends...

…………

After dividing the money from the agreement, Shen Neer took a sip of tea and took the initiative to bring up the gambling agreement.

"Mr. Fang, Mr. Guan, taking advantage of today's opportunity, I think it's better to honor the VAM agreement directly."

Speaking of which, Neil Shen paused for a moment, and said calmly: "I have read the revenue report several times, no matter from which angle, such as directly subtracting overseas revenue, the gambling agreement has been completed...

I admire Mr. Fang and Mr. Guan's business philosophy, operation strategy, and long-term vision. Sequoia Capital is willing to calculate a new pre-investment valuation based on 9 times revenue. "

Ren Yuxin showed a smiling face, and said calmly: "Before I came, I have asked our President Ma for instructions. Our Goose Factory Games is also willing to bet and admit defeat, and is willing to honor the betting agreement."

"Facts have proved that even if Goose Factory Games puts all its efforts, it still cannot stop the growth of Dangkang Games."

In the end, Ren Yuxin said with great emotion: "Mr. Fang, I really believe in your evil! There will be another knife at the end of the year!"

"Ha ha……"

Everyone laughed.

Liu Qin and Kuang Ping expressed their views separately.

"We, Morningside, have nothing to say."

"It's the same for Qiming."

"..."

Fang Nian glanced at Ren Yuxin, and joked: "Mr. Ren, you may not know that I haven't entered Dangkang's door this year. Although I made the plan, I can't blame me for the result. You have ruined my reputation." to the media."

"And I reminded Mr. Ren in October to vigorously develop mobile games."

Ren Yuxin hurriedly begged for mercy: "Mr. Fang, I was wrong! I will set up a table to apologize some other day."

Then his face became serious, and he said seriously: "Let's talk about business and business, financing is very important!"

"..."

Everyone laughed again.

The original VAM agreement was originally an agreement where everyone would suffer a loss, or everyone would win.

After the revenue statement and financial report are sent, everyone has long been mentally prepared.

Then Fang Nian's expression turned positive, and he said seriously: "In principle, we hope that all the financing will be completed before April 30;

Dangkang Games plans to start the Hong Kong stock listing process in October 2012. The plan is to complete the listing in October 2013 at the earliest and May 2014 at the latest. If everyone has no objections, please help me with the listing. "

Originally, Fang Nian did not plan to go public, but now that Frontier has grown stronger, it can be delayed.

Listed Hong Kong stocks are also very good, harvest the leeks in the capitalist market.

Liu Qin was the first to agree: "I have no objection, I think the time arrangement has always been carefully considered."

"..."

Neil Shen thought for a while, and said: "If it is listed on the Hong Kong stock market, it is recommended to start another round of financing at the end of this year or early next year, and introduce Hong Kong capital in advance."

"Then consider pulling private equity for Pre-IPO."

"..."

Fang Nian thought for a while, and said, "The specific details can be discussed again, mainly because everyone has no opinions on the time point."

"That's fine."

"..."

Finally, let's talk about financing.

It is 9 times of 10.376 billion, and the pre-investment valuation is 93.384 billion. Everyone has little opinion on this point. In short, after investing 9.2 billion, the valuation is 102.4 billion yuan.

The shares were complicatedly diluted, and no new shareholders were introduced, so the frontier angels had no chance to follow the investment.

A stock split was also carried out, from the original 1 billion shares to 5 billion shares.

The final shareholding ratio is: Fangnian: 32.5%, Guan Qiuhe: 29.5%, Morningside 9.5%, Sequoia 8%, Frontier Angel 6%, Goose Factory 6%, Qiming 3.5%, employee equity pool 5%.

The substantially reduced shares of Morningside were privately bought by Sequoia, and there is no need to disclose how the deal was done.

So, even if you have an idea, you can talk about it in private.

Anyway... Goose Factory, who is most opposed to it, is eager to buy it this time, and its shareholding ratio has increased by a full 3.5%.

It is well known that the 1% of the shares diluted by frontier angels are converted into cash after complex calculations, which is about 560 million.

Although the valuation is as high as 102.4 billion, the real shares held by Fang Nian and Guan Qiuhe are still as high as 73%.

This series of complex operations allowed Dangkang Games to have enough capital to carry out any operations. Ren Yuxin, who knew well, was conceiving one plan after another in his mind to ensure the leading position of Goose Factory Games. As for whether it will be successful, I don't know.

In addition, these operations once again quietly solved the shortage of frontier funds.

Including Guan Qiuhe's supplementary 60 million yuan, Frontier will accrue a total of 928 million yuan, which is also Fang Nian's "smart plan".

Frontier angels invested in Dangkang game at the beginning, but only spent 28 million.

The coquettish operation that Fang Nian played at the beginning, had a huge harvest in the blink of an eye.

As for the rest...

After this dividend feast, Fang Nian and Guan Qiuhe each held nearly 1 billion RMB in cash.

Especially in Fang Nian, 41 million from the frontier, plus 49 million from the husband and wife mutual fund, just over 1.1 billion.

What a fat year.

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