Xianghe, in a hotel in the county. The night was hazy.
Jing Gao and Cao Danqing had just returned from traveling to a small town in the Ming and Qing Dynasties. They had dinner in the hotel restaurant and received a call from Mr. Jia when they returned to the room.
"You're busy, I'm going to take a shower." Cao Danqing kissed Tingting gently and went to the bathroom. She has a tall figure of 1.72 meters and a pair of slender and straight white legs. Her bare feet are walking on the carpet, making her look charming.
Jing Gao sat at his desk, looking at the night view of Xianghe, and answered Mr. Jia's call, "Hello, Mr. Jia."
Jobs is a little exhausted. The announcement of LeTV’s external financing is a double-edged sword. Now the negative impact is highlighted. Yesterday, suppliers from the mobile phone industry chain came to LeTV Tower to demand payment.
"Mr. Jing, are you in the capital?"
Jing Gao told him frankly, "Mr. Jia, I'm on vacation here in Xianghe."
Jabs said: "Mr. Jing, come out and have a drink. Let's have a chat."
Jing Gao was a little embarrassed, "..." Xianghe was not far back to the capital, only half an hour's drive away. But instead of staying with the beautiful Cao at night to sublimate his emotions, he went back to drink with Jabs?
Drinking is harmful to your body!
Jabs said directly: "I'm waiting for you at the Huyang Bar in Houhai. I want to talk to you about what happened on the phone. No matter how late it is. See you there or not." He hung up the phone.
Igao pondered
At this time, Cao Danqing came out of the shower wearing white silk pajamas. The exquisite pajamas made her slender and tall, with a firm waist and slim curves. Jing Gao hugged her and said apologetically: "Danqing, I have something to do tonight..." and told Cao Danqing the situation.
Cao Danqing was slightly startled, but said considerately: "Brother Jing, let's go back to the capital. You go see Mr. Jia, he should be ready to sell." Jing Gao stayed with her for a week, and she was very satisfied. . Knowing his thoughts and affection for her, she didn't feel that panic and uneasiness.
Jing Gao said: "Yes." This was also his judgment. Looking at Cao Danqing, who had been irrigated and developed by him, and became more sexy, charming and full of femininity, he said in her ear: "Danqing, go back, but we are one and a half Depart in an hour.”
Cao Danqing's fair and pretty face suddenly turned red. She snuggled into Jing Gao's arms and whispered shyly, "Yes."
…
…
The roads in Beijing are very smooth late at night. Jing Gao first sent Cao Danqing to his home (World Trade International) and left his luggage with her. After a simple shower, I changed drivers, bodyguards, and vehicles and headed to Hu Yang Bar in Houhai.
The bars in Houhai are full of modern atmosphere during the day, but have a different flavor late at night.
The sparkling river, the ancient trees on the bank, illuminated by lights, are full of fireworks.
Jing Gao, accompanied by Fu Ye, walked through the bar street. Tourists and drunk people could be seen everywhere. There were also various sounds of music coming.
Huyang Bar is right on the beach. The front door doesn’t look too big, and when you walk in, it’s not too noisy inside. It's like a bar, drinking and listening to music. A singer was singing a song inside, it was "In Spring" by Wang Lepong.
"If one day I am left homeless, just bury me in this spring..."
A middle-aged assistant waiting at the door came over and said with a smile: "Mr. Jing, please come this way. Please come this way. Mr. Jia is over there." He took Jing Gao to a seat by the window of the bar, dressed in black. T-shirt, jeans.
Mr. Jia was drinking wine and listening to songs. When he saw Jing Gao arriving, he felt happy. With a smile on his face, he stood up and shook hands with Jing Gao. "Mr. Jing, welcome, please take a seat. What would you like to drink?"
In fact, he didn't know whether Jing Gao would come. After all, he was the one who hung up the phone first. This is a negotiation technique. And he has been waiting here for more than an hour. It looked like he was listening to the song seriously, but in fact he was waiting anxiously, thinking about how to talk to Jing Gao.
"Let's have some beer." Jing Gao sat down refreshed and looked at the Houhai outside and the dense trees. He felt that this place was really nice.
When the assistant bought the wine, Mr. Jia raised the bottle, bumped it directly with Jing Gao, took a sip, and started talking, his mood was a little low, and his voice was low, "Mr. Jing, look at these singers, they come from all over the country and come to the capital. Pursue music dreams. I am also pursuing my dreams! Can you tell me the truth, do you think LeTV’s model and ecological response are good or bad?”
At this moment, Mr. Jia is like a middle-aged man who encounters a crisis in the workplace and talks to his friends about all his troubles.
Jing Gao thought for a while and said frankly: "I agree with some of it." He agreed with some of LeTV's ideas. At least he agrees with using TVs and mobile phones to seize user entrances.
Because he wanted to get involved in the mobile phone industry recently, he asked Guan Yujia to find him a bunch of information and research reports. In the mobile phone industry, Huawei currently has the largest shipments, but Apple has the highest profits.
As for Apple, in addition to the brand foundation laid by Steve Jobs, no one will believe what else he relies on to make money: software! Apple's software store and various services are very profitable. This is user stickiness and population.
Isn’t LeTV taking this path? It’s just that the service he provides is not mobile app software, but “content” such as LeTV.com, LeTV Sports, and LeTV Pictures. This is also what users need and are willing to pay for.
Currently, major domestic video websites iQiyi, Tencent Video, and Youku are promoting membership. This proves that users are willing to pay for movies and TV series.
Mr. Jia asked: "Then why are you unwilling to invest in LeTV?"
Jing Gao laughed and raised the bottle, "Mr. Jia, I don't care about the small projects invested by Phoenix Fund. I believe you can see my trading habits. I can accept sharing business interests with friends. But the leadership of the company must be in my hands."
Mr. Jia was speechless for a while. Jing Gao's answer was very frank. But precisely because of his frankness, his lobbying was restricted.
Mr. Jia lowered his head and took a deep breath, "Mr. Jing, I won't hide it from you. LeTV's capital chain is very tight. I am seeking financing. Since your investment style is like this, I can only dismantle it." Divide out some projects, apart from the shares in Coolpad mobile phones, which business of LeTV are you interested in? For example, Yidao?"
There is nothing that cannot be sold to this day. Of course, since he wanted to sell it, he wanted to get a good price.
Jing Gaodao: "Mr. Jia, Yidao is valued at US$1 billion. But now I own Uber (China) and invest US$1 billion, which is enough to attract Yidao users. Therefore, I now value Yidao No interest. In the same way, it is suitable for LeTV’s mobile phone business. Mr. Jia, I am willing to buy your Coolpad shares at a premium of 10%.”
As a master of speeches, Jabs has perfect ppt skills. He is still good at creating atmosphere and sensationalism. The height of the well is still somewhat affected. This 10% premium does not involve commercial interests and is purely a personal tribute to Steve Jobs' pursuit of his dream.
LeTV acquired shares of Coolpad twice, spending a total of HK$3.777 billion. The most recent time was on June 17, 2016, when LeTV increased its stake in Coolpad to 28.9% at a cost of HK$1.047 billion. Becoming its largest shareholder marks that Coolpad Group will become a subsidiary of LeTV Mobile Holdings.
Mr. Jia is still the chairman of the board of directors of Coolpad.
However, after last year’s battle between 360 and Coolpad, Coolpad’s market value fell early. It is impossible for LeTV to recover the HK$3.777 billion. The premium Jinggao said is calculated based on the current stock price in the Hong Kong stock market.
In other words, Coolpad’s current total valuation is approximately HK$9.64 billion. The value of LeTV’s shares is HK$2.786 billion, equivalent to US$360 million in US dollars. At a premium of 10%, that's $36 million.
This is quite generous.
Mr. Jia was stunned for a moment, then he raised the bottle and said with emotion: "Mr. Jing, I did it. You can do whatever you want."
Jing Gao smiled, raised the beer bottle and drank it in one gulp.
Mr. Jia smacked his lips and said: "Mr. Jing, for me, 400 million US dollars is far away and cannot quench my immediate thirst. Let's do this, I will sell you LeTV Pictures and LeTV Cloud."
On May 6, 2016, LeTV announced that it would purchase 100% of the equity of LeTV Pictures through a combination of additional shares and cash, with a target price of 9.8 billion yuan.
LeTV Cloud was valued at US$1.08 billion in an iResearch report released in July. The equity is in the hands of LeTV.com and LeTV Holdings.
