The train arrived at Beijing South Railway Station on Saturday evening, marking the end of the one-week trip to Huangshan.
Jing Gao took Weiwei and three others to the gate of Beijing Normal University by car. At this time, the school gate was slightly quiet during the summer vacation.
"Huh..." Li Na, the long-legged teacher, stretched out, showing off her beautiful curves, and looked at the campus in the sunset, "I'm finally back."
Tan Yingying smiled and said: "Hey, pay attention to the impact." She also had big and small bags in her hands.
Jing Gao registered at the school gate and helped Weiwei carry her luggage downstairs to the dormitory. Under the shade of the trees, someone in the bicycle shed gently stroked the hair on her forehead and said warmly: "Weiwei, goodbye. I'll pick you up the day after tomorrow." Weiwei planned to go back to her hometown on Monday to stay for a few days. Jiaxin High School will start school and make up classes in early August.
Li Mengwei hugged Jing Gao gently, buried her head in his arms for a few seconds, and then waved: "Goodbye!" Carrying her backpack and dragging her suitcase, she walked up the steps and then turned back to wave to Jing Gao who was watching her. .
A feeling of reluctance suddenly arose in my heart.
The few girls who entered and exited the dormitory had expressions of ghosts on their faces. Is this still the cool goddess from our school?
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Jobs' working hours are both midweek and weekend. On Sunday morning, he came to LeTV Building early in the morning.
Unlike JD.com, which has an executive breakfast + morning meeting at 8 a.m., Jobs started working when he arrived at the company. In the office, Liang Jun, who is responsible for LeTV TV and mobile phones, Liu Hong, CEO of LeTV, and He Yi, chairman of Yidao, are already waiting.
"Mr. Jia."
"Mr. Jia."
The three people stood up one after another to welcome the arrival of the king of LeTV Empire. The first half of 2016 was the highlight of LeTV. The market value of A-shares once reached 180 billion yuan. However, as LeTV executives, they have noticed that there seems to be some problems with LeTV's empire.
LeTV's top management has reached a consensus: LeTV must now apply the brakes and stop. LeTV’s ecological layout has been completed, and its rapid expansion must end.
Mr. Jia has already communicated with them and is preparing to hold a first-half strategic review meeting in August. All employees above the director level are required to participate. We are ready to unify this matter in the minds of all employees and reflect on it, and we will soon rectify it.
Jabs made a downward gesture, "Everyone, sit down, everyone, sit down." He walked behind the desk, picked up the warm tea that his assistant had brewed and took a sip, "Lao Liang, is the supplier on the phone calling for payment? "
Liang Jun was originally an executive of Lenovo Group and was responsible for the development of Lenovo mobile phones. He joined LeTV in 2012. Pushing up his glasses, he said, "Old Jia, yes. LeTV Zhixin has suffered serious losses. New funds need to come in. Moreover, expansion must be stopped."
Jobs did not answer, but asked He Yi, Chairman of Yidao, with a quick thinking, "Old He, what is Yidao's valuation?"
He Yi is the former vice president of LeTV Holdings and CEO of the Internet of Vehicles company. He just joined Yidao in late June. He said optimistically: "Lao Jia, Yidao is a very high-quality asset, with an overall valuation of at least US$1.3 billion. .”
Jobs thought for a while, put down the cup, and said, "I will solve the funding problem. Last Friday, I met with an investor with strong funds. However, he wanted to acquire all the shares of Yidao.
Zeng Qiang from Xingen Capital called me two days ago. We made an appointment to meet today to talk. He intends to contact Uber. I came to you just to discuss: Can the mobile phone business be sold? How about selling all the shares in Yidao to him? "
The fact that Jiuge Capital spent more than 10 billion Hong Kong dollars to acquire the equity of Canglong Group is not a secret in Beijing. Xi Siyan knew it all. Zeng Qiang naturally knew it too.
Jabs’ understanding is that Jinggao has strong financial strength and the ability to solve LeTV’s financial difficulties. LeTV should seize the time window to negotiate before the crisis occurs and maximize investment.
Liang Jun thought for a while and said: "What can't be sold if the price is right?" The performance of LeTV mobile phones in the first half of this year was very impressive. In April alone, 1.62 million units were sold, with a market share of 4.2%.
There is only one reason why LeTV Mobile has been able to grow against the trend and achieve such excellent results. It is losing money and making money. The funding gap for LeTV mobile phones is very large.
LeTV mobile phones are OEMed by Pegatron over there in Wanwan. Mobile phone manufacturing does not mean that you will be paid when the goods arrive. It has a capital chain management and control. The better LeTV’s mobile phones are sold, the more it loses. The actual capital chain pressure will be greater.
To give a simple example, if LeTV places an order of 5 million units, it will not pay the full price to Pegatron at first, and the final payment will not be made until the batch is delivered. When LeTV dealers take mobile phones from LeTV and sell them, they don't pay full price.
There is a time difference here, which takes up LeTV's own funds. The larger the order, the more it takes up. Therefore, many manufacturing companies are killing themselves by doing what they do. The reason is that the capital chain is broken.
He Yidao: "I don't recommend selling Yidao." You can see how popular the concept of shared travel is now. He took office just two weeks ago and has a lot of power. Why would you recommend selling?
While they were chatting, the assistant opened the door and came in, "Mr. Jia, Mr. Jing from Phoenix Fund is here."
"Okay. Take him to the conference room and sit down for a while. I'll be there right away." Jobs ordered his assistant to stop the discussion with the executives and said to Liu Hong, "Old Liu, please accompany me to negotiate."
Liu Hong, as the CEO of LeTV and a confidant who has followed Steve Jobs for many years, said happily: "Okay."
He can understand the pressure Lao Jia is under now. Just throw 2 billion into building a car! Now every sub-ecology needs money. Even LeTV Sports, which only raised 8 billion in financing in April, is showing signs of decline. The reason is of course that funds were secretly diverted to other areas.
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Jing Gao, Qiao Shuang and Guan Yujia sat in the bright conference room and chatted.
The information revealed by Xingen Capital Zeng Qiang is that Jobs intends to sell an asset to him or provide him with a new and easy-to-sell plan. We can talk about it again.
Jabs, still dressed in a black T-shirt and jeans, walked over and stretched out his hand, "Mr. Jing, I'm sorry to keep you waiting. I was in a meeting just now."
Jinggao stood up, shook hands with Jabs, and said with a smile, "I just arrived too."
Jabs introduced Liu Hong sideways, walked to the other side of the conference table and sat down, exchanged a few words and said: "Mr. Jing, we didn't reach an agreement last time. Do you think this will work? Letv sell 40% of its shares to you." . But Phoenix Fund needs to grant voting rights to LeTV for a period of five years. The price is negotiable."
Jing Gao refused the plan without even thinking about it, "Mr. Jia, I hope it will be a controlling stake and run by myself. I cannot accept this plan."
Jabs frowned and wrote a note to communicate with Liu Hong. Liu Hongdao: "Mr. Jing, have you considered acquiring LeTV Sports? We own the copyrights of the Premier League, NBA and other events. In April this year, LeTV Sports conducted Series B financing with a valuation of 21.5 billion."
Qiao Shuang took a gentle breath. If it really acquires LeTV Sports, I'm afraid it will cause a sensation immediately. As the president of Phoenix Fund, she will become the darling of the media. The press conferences of the past two days had greatly stimulated her. None of the authoritative media came.
Jing Gao shook his head, "I'm not interested in the Internet business at the moment." What he wants is industry! One is high-tech and the other is labor-intensive industry, both of which can expand his influence. What’s the point of buying LeTV Sports?
Jabs made up his mind, "Mr. Jing, I will disassemble the LeTV mobile phone and sell it to you. But you need to sign a ten-year exclusive cooperation agreement."
