Chapter 1195 7 Billion

It seems that Wu Bo has really spent a lot of energy on big data and cloud computing centers, and this is even before the work of the Central Research Institute has been left behind.

However, Chen Changliu does not want to see him exploiting himself like this. Wu Bo is no longer a strong man in his 30s.

The company has been established for 7 years, and he has also moved from a 36-year-old strong man to a middle-aged man. His energy will definitely decline.

Besides, the talent pool of the Flower Growers does not need Wu Bo to work so hard.

"Brother Bo, please submit your report first. If there is no problem, it will definitely be approved.

Although the current cloud computing market is not large, it will definitely reach more than 300 billion in 10 years, so it is necessary to build our cloud computing into the best domestic technology and computing platform.

However, it has not been long since you have been the head of this big data and cloud computing center. I can see the energy you spend on this, which makes you busier than before. Sister-in-law should hate me the most now, right?"

Wu Bo waved his hand and said generously:

"She dares, don't worry, she is a sensible woman, and knows that it is difficult to take care of work and companionship at the same time.

So she still supports me in this regard. After all, our financial freedom now comes from our struggle in the company."

"Okay, don't brag about sister-in-law in front of us, she can't hear it."

"Hahaha..."

The people accompanying him couldn't help laughing. Some agreed, while others were full of helplessness on their faces, but there were very few people with such expressions.

After all, not everyone's partner has such a pattern.

And with the emergence of self-media, some dross has appeared on the Internet.

For example, hypocritical chicken soup videos tell some idle women that if a man really loves you, he will not have no time to accompany you because of work.

A man who really cares about you can work and make a lot of money, and can also spend a lot of time to accompany you.

And there are really women who believe in this hypocritical chicken soup, quarrel with their husbands all day long, and shamelessly say, "Do I need you to make so much money? What I need is companionship, do you know? You really don't understand what I want at all?"

But they have never asked themselves, if a man gives up the opportunity to make more money, has no house, no car, and no extra money to provide a better life, will they still be interested in this man?

And there are not only such hypocritical chicken soup videos on self-media, but some extreme and one-sided views that emphasize women's rights and ignore equality and responsibility have begun to spread on the Internet.

Some women's fists that make some radical, irrational and even insulting remarks under the banner of "feminism" have begun to appear to create gender confrontation.

After the joke, Chen Changliu said:

"Brother Bo, you are not young anymore. People with numbers starting with 4 can't compare to us with people with numbers starting with 2 or 3, so I suggest you focus on the Central Research Institute and find someone to take over this business.

You can't make money, but you don't even have time to enjoy it."

Looking at Chen Changliu's sincere eyes, Wu Bo was still very moved. After thinking about it, he said:

"Okay, I will report to you when I get back."

After Chen Changliu's round, it was already mid-December. As soon as he returned to Yangcheng, Gu Yue came to him.

"Mr. Chen, we have had several preliminary negotiations with United Insurance. Now the other party has proposed a plan to inject 7 billion yuan, and we will occupy 51% of the equity. Judging from the other party's attitude, there is no room for further exploration."

Gu Yue was a little embarrassed when she said it. United Insurance now has a debt of more than 20 billion yuan, and its net assets are only a little over 10 billion yuan.

This is also the reason why she promised that 40 to 50 billion yuan would be enough to achieve controlling stake.

Who knew that now it would take 7 billion, which was 40% higher than what she had promised, so of course she was embarrassed.

However, Chen Changliu did not show any displeasure. Instead, after asking about all the processes in detail, he asked Gu Yue to keep in touch with the other party and strive for more benefits.

Gu Yue breathed a sigh of relief. She could also hear that Chen Changliu basically agreed to the offer.

Yes, Chen Changliu agreed to the offer, because the offer was not high, but low, probably because of the huge losses.

You should know that the ratio of insurance company revenue to market value and valuation is generally 1:1~1:3.

For example, China Life, a Fortune 500 company, has a revenue of 300 billion and a market value of more than 800 billion.

Pengcheng's An has a revenue of more than 110 billion and a market value of more than 300 billion.

The premium of United Insurance last year was more than 19 billion, and its net assets were more than 10 billion. It is not expensive to be valued at just over 14 billion.

You should know that an insurance company acquired by a certain Di more than ten years later was also in the bankruptcy and reorganization stage, and there was not much premium income. Before the bankruptcy and reorganization, the premium income was just over 1 billion.

But this full acquisition by a certain Di also cost 3.6 billion.

So in this comparison, the valuation of United Insurance is too conscientious.

Moreover, United Insurance is completely different from the small insurance company acquired by a certain Di. Although it is completely comparable to those giant insurance companies, it is definitely one of the top 10 insurance companies in China.

You should know that there are 120 insurance companies in China at this stage. Being in the top 10 means that there is a large user base.

Then it will be easier for United Insurance to set sail again after taking over.

As for whether this business will lose money, of course not. In 10 years, the total assets of United Insurance, which is only over 10 billion now, will increase 10 times, so this investment is absolutely worth it.

As for how the money comes?

This time, Zhonghuajia Technology Co., Ltd. and Hand in Hand Venture Capital will take the lead in the investment, and others can take a little more.

So will Zhonghuajia and Hand in Hand Venture Capital's taking out most of the money affect their normal operations?

Just kidding, let's not talk about the money lying on Zhonghuajia's books that makes most domestic companies jealous, and there is no debt yet.

Let's talk about Hand in Hand Venture Capital. To be honest, with today's Hand in Hand Venture Capital, it doesn't need to pay for an investment of 20 to 30 billion yuan, and it can be borrowed from the bank.

Although Hand in Hand Venture Capital is just an investment company, it has too many high-quality assets, and banks are eager to lend them money.

Not to mention the high-quality equity of a certain Dong Mall and Penguin, just the equity mortgage of other companies invested can completely borrow tens of billions.

Wu Feng, Li Jiwei, Tan Zirun, An Zhengxu, Xiao Ma Ge, and Dong Ge, although they didn't seem to cash out, it's no problem for each of them to take out 300 million or 500 million, and it doesn't affect other investment work.

PS: The typos will be corrected first and then corrected.

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