Chapter 922: Selling Stocks

After reporting the quotations from various companies, Sun Tao finally said: "Mr. Li, then we will mainly discuss with IDG, Sequoia, Goldman Sachs, and China Development Bank?"

IDG, Sequoia, and Goldman Sachs all offered more than $3 billion.

Goldman Sachs gave the highest price of US$3.2 billion.

If you want to talk about 4 billion US dollars, these few companies have the most hope.

Li Dong nodded first, and then said: "Forget about the CDB, the price is a bit lower, and the gap between 22 billion yuan and our expected value is a bit big."

"ah?"

This exclamation did not come from Sun Tao's mouth, or not only from Sun Tao's mouth.

Almost everyone in the conference room looked surprised, and Li Dong was a little puzzled.

Slightly raising his eyebrows, Li Dong thought that they felt that they rejected state-owned assets, and explained: "4 billion US dollars converted to more than 30 billion yuan, such a large increase all at once, it is difficult for state-owned assets to pass.

Unlike Goldman Sachs, a round of quotations is close to 25 billion yuan..."

"Cough cough cough..."

Not one or two coughed at the scene, and several faces were stiff and deformed.

After a while, Sun Tao said quietly: "Mr. Li, you... haven't you paid attention to the exchange rate changes for a long time?"

Li Dong felt a little bad in his heart, and quickly said: "What's wrong? I remembered that the exchange rate was around 7.7 in the middle of last year. How much is it now?"

"Around 7.2."

Li Dong's jaw almost dropped, so fast?

He really didn't think much about it before, and he always thought it was hovering between 7.7, so he felt that the quotation from CDB was a bit low.

After all, even the lowest IDG quotations above have reached 3 billion U.S. dollars, and the calculation in Li Dong's heart is more than 23 billion yuan.

And Goldman Sachs's 3.2 billion US dollars is already close to 25 billion.

But according to Sun Tao, the exchange rate has now become 7.2.

Doesn't this mean that CDB's quotation is even higher than IDG's. After all, if IDG's price is calculated according to 7.2, it will be less than 22 billion yuan.

Li Dong has always had this concept of RMB appreciation, but because he has not been abroad for two years and has no chance to spend US dollars, he has not paid much attention to the exchange rate issue.

Needless to say, this is irresponsible.

As the person in charge of a large group, Li Dong should pay attention to these basic financial news.

But Li Dong has been busy with too many things in the past two years. Last year, he still remembered to take the time to read the information.

This year, he almost didn't think about it from the beginning to the end, which caused a big joke today.

CDB's quotation is not lower than IDG's as he imagined, but higher.

At this moment, Li Dong finally noticed some problems. The state-owned assets are very strong this time!

Stronger than he imagined!

It's a shame, Li Dong can't care about these things at this time, he frowned and said: "Doesn't that mean that 4 billion US dollars is actually less than 30 billion yuan?"

Several people nodded. According to the current exchange rate, 4 billion US dollars is only about 28.8 billion RMB.

When he heard that 30 billion was less than 30 billion, Li Dong snorted, "Don't calculate it in US dollars from now on, just calculate it in RMB, start with 30 billion!"

"puff!"

Sun Tao didn't even know the tea was coming out of his mouth, the boss is really awesome!

You miscalculated the exchange rate, and now you still want to get it back from the investment bank. Is this really okay?

According to Li Dong's plan, it is close to 4.2 billion US dollars.

With such a large increase, Sun Tao is extremely skeptical whether there will be any investment bank willing to continue the negotiation.

At this time, not only Sun Tao, but also Yuan Chengdao and others were suspicious. Is Mr. Li going to go back on his word again?

Last year, I hated the low quotation, and the financing ended without a problem.

Now it’s like this again, after the 4 billion memantine is finished, it immediately becomes 30 billion yuan.

Billions of RMB are suddenly added, and investment banks are not being taken advantage of. Is anyone really willing to pay for Yuanfang?

Everyone looked at Sun Tao sympathetically,

Fundraising is indeed a difficult task.

At this time, Yuan Chengdao was half glad that he was not responsible for this matter.

The other half is worried, worried that Li Dong is unwilling to continue financing.

Although he felt that it was not good to say this at this time, Yuan Chengdao thought about it for a while and said softly: "Mr. Li, the group has no money."

Li Dong frowned and said, "Isn't there still more than a billion there?"

Before going to the capital, Li Dong collected almost 3 billion in cash.

It cost about 1.6 billion to buy land and add taxes.

There are more than one billion cash left, and Li Dong feels that at least there is no shortage of money for the time being.

Yuan Chengdao sighed slightly, sometimes it is really difficult to communicate with this boss who has no idea about money.

Of course, Li Dong has no concept of spending money, but he has a clear concept of money at other times.

Slandering in his heart, Yuan Chengdao still explained: "Not long ago, the logistics company applied for a batch of funds, and you said before that you would invest in the construction of a storage center and purchase automatic sorting equipment.

Mr. Qin is already preparing for this matter, and has been negotiating with some foreign manufacturers for a while.

..."

Before he finished speaking, Li Dong remembered.

He knew about this matter, and he approved it himself, and he also knew how much it cost.

The first phase of logistics will not cost much, but it is also a lot. Li Dong approved 500 million in the past.

But even so, there are at least nearly 1 billion left on the books.

Seeing that Li Dong understood, Yuan Chengdao continued: "There is also Yuanfang Technology, which spends more money recently.

Building a video website, buying some movies and TV shows on the Internet, developing proxy games...all of these cost money.

Although the mall and PP are profitable, they are currently investing in their own development.

Weibo has not yet reached the stage of profitability, and it is not easy to barely maintain a balance of payments. In fact, we have to continue to invest.

The previous appropriation money was almost spent, and later the group invested another 500 million.

And the remaining hundreds of millions, part of it has to repay the loan, and part of it has to meet the group's expenses..."

Li Dong interrupted: "So, the money is spent?"

Yuan Chengdao nodded and said: "Almost, the cash on the books is less than 200 million, so we can't really spend all of it.

Although the supermarket is making a lot of profit every month, the expansion in Yu Province and Shancheng is not over yet.

In addition, Su'an's shopping mall, Yuanfang logistics park, data center, and two distribution centers that have not yet been completed. The money that these places need to spend alone has used up the profits of the supermarket.

So, we're barely running at best right now.

As for other expansions, we don't have a dime.

In Shanghai, the expansion has also stopped now. Mr. Chen has applied for funds several times, but I have not responded. "

Speaking of this, Yuan Chengdao took a special look at Chen Lang and gave him an apologetic smile.

Chen Lang smiled and remained silent. After Sun Tao presided over the financing, he was transferred back from Shanghai.

Regarding the expansion in Shanghai, Chen Lang actually wanted to continue.

Now Yuanfang has investments in several major municipalities, but the scale is different.

In Beijing and Tianjin, the investment exceeded 3 billion.

The mountain city also exceeded 1 billion, while Shanghai was only less than 1 billion.

However, comparing Shanghai and mountain cities is not the same concept at all, even the capital city is not as economically developed as Shanghai.

According to Chen Lang's budget, if he wanted to complete a round of expansion, he would need to invest at least 3 billion.

However, the group did not approve the application for funds several times, so Chen Lang knew that the group was out of money, so he didn't continue to persevere.

Li Dong frowned, thought for a while and asked: "Then is there any urgent need for money now? With this little money on the books, wouldn't it be impossible to do anything in the future?"

"There are not many places that urgently need money, but the pace of expansion must slow down. Including logistics and real estate, we really can't support it now.

The profit of the supermarket can only satisfy the construction of the supermarket's own channels. In recent years, our supermarket has expanded too fast, and many hardware and software facilities have not kept up.

If you want to lay a good foundation, you must keep up with it later.

Therefore, there is really no way for the supermarket to support other subsidiaries. "

As soon as these words came out, Wu Shengnan's face was a little ugly. The billions of funds that Li Dong had prepared before were all approved to Dongyu Real Estate.

In the end, there were more than a billion yuan left, and it happened that the group had no money. Yuan Chengdao discussed with her for a while, and the money was temporarily transferred to the headquarters.

Of course, what Yuan Chengdao said at that time was nice, so it was a borrowed word.

When the supermarket makes a profit, the money will be returned.

Fortunately, the expansion of direct logistics and real estate has stopped, which is simply too deceitful!

Glancing at Yuan Chengdao, Wu Shengnan remained silent, waiting for Li Dong's reply.

It is true that the expansion of the supermarket needs money, but the expansion plan for the real estate side was determined by Li Dong himself.

He also said before that as long as the land price on the market falls and it is worth winning, then buy it.

But now Dongyu Real Estate doesn't have any money, so what to buy?

Everyone was looking at Li Dong, waiting for Li Dong's reply.

Li Dong made a big expansion plan at the beginning of this year, but until now, he has not gotten a penny.

The financing plan is also full of difficulties. It is also doubtful whether the bottom line of 30 billion yuan can be successfully financed.

Without financing, it is also difficult to get a temporary loan. The largest profitable supermarket also needs to meet its own development. Li Dong's previous rhetoric seems to have become a joke.

Seeing that everyone was looking at him, Li Dong breathed out and said, "According to the group's budget, how much will it cost in total to maintain the expansion speed of the logistics side and meet the expansion of the supermarkets in Shanghai?"

Yuan Chengdao asked: "Does it include the distribution center, Su'an shopping center, data center, and Yuanfang logistics park?"

Li Dong asked: "Aren't these all allocated funds before? Could it be that they are all spent and continue to allocate funds?"

Yuan Chengdao quickly shook his head and said, "It's not that there is no money, but we have to prepare the next payment."

"Then include it, and let's not count the total amount. Let me ask, how much will Yuanfang need to maintain the previous expansion speed in the next six months?"

Yuan Chengdao really hasn't calculated this account in detail, but luckily he has the data in his hands.

After looking at the data for a while, and consulting the opinions of several bosses, Yuan Chengdao finally replied: "If you want to meet the current expansion speed, except for the uncertain factor of the real estate company, logistics, Yuanfang Technology, and Yuanfang Supermarket are all three Together, the company spends around 1 billion per month.

Of course, this is the first half of the year.

You said before that in the second half of the year, supermarkets will expand to Guangdong and Hebei provinces. In addition, the real estate company, you said that you have to invest in the construction of Yuanfang Plaza...

So these are extra expenses, otherwise it will only be more. "

"That is to say, in the next six months, to maintain the expansion of supermarkets in Shanghai and mountain cities, as well as the development of Yuanfang's technology and logistics, at least more than 6 billion will be invested?" Li Dong asked again.

Yuan Chengdao replied: "That's true, but excluding our own profit, the supermarket's profit in the next six months should reach 2 billion.

The mall also has a logistics side, with a profit of around 500 million yuan.

So overall, in the next six months, we have to prepare 3.5 billion funds. "

"3.5 billion..."

Li Dong murmured, a little helpless.

This does not include the expansion of supermarkets in other provinces, nor does it include the real estate company, which requires an investment of 3.5 billion.

In fact, if the supermarket does not expand to other places, its own profits are more than enough.

The main thing is logistics. This year, we spent a lot of money. In fact, almost all of the 3.5 billion was spent on logistics.

If Li Dong stops the construction of the warehouse center on the logistics side now, he can live comfortably in the future without worrying about money.

But seeing that the situation is so good, why is Li Dong willing to stop his expansion at this time.

Taking a deep breath, Li Dong didn't hesitate any longer, and said: "I see, I will raise the money, you don't have to stop here.

There is also the Shanghai side, if we continue, we will spend 1 billion yuan, so there is no reason to give up halfway.

Isn't it just 3.5 billion? We invest less than 600 million a month, so it's not a big deal. "

As soon as these words came out, not to mention Yuan Chengdao, Sun Tao and Chen Lang all had toothaches.

A big boss is a big boss, listen to what he says!

600 million a month, not a year, not half a year, as if you can pick up money on the ground.

Besides Yuanfang Group, does Li Dong have other profit channels?

No!

According to his thinking, Li Dong will have to prepare at least 600 million yuan in the next month. This is not Yuanfang Group's money, but it is entirely up to Li Dong himself to prepare.

How many difficulties there are, you don't need to think about it.

But the financing plan is stuck here again, otherwise, if it raises more than 10 billion, the money can be spent vigorously.

The others didn't say any more, and didn't ask any more questions.

When Li Dong announced the end of the meeting, everyone left one after another.

Sun Tao walked last, thought for a while and said in a low voice: "President Li, it's really not good, let's lower the standard a little bit, there are still many people who are optimistic about us..."

"No, just follow my advice!"

Li Dong has a determined face. He has made up his mind. He will definitely not do the three items of the mall if they are less than 30 billion.

Seeing this, Sun Tao was helpless, hesitantly said: "Then why don't the logistics stop here?"

"No, continue." Seeing Sun Tao's frowning face, Li Dong smiled and said: "Isn't it just money, don't worry, I will find a way.

If it doesn't work, I'm going to sell my Baidu stock. "

"ah?"

Sun Tao was surprised. He didn't expect Li Dong to have the idea of ​​selling stocks at this time.