673【The rich man is also short of money】
The news of IM Pei's return to China spread quickly, and even the Ark Building, which had not yet started construction, became the focus of domestic media attention.
At the same time, Shi Yuzhu recruited a group of game developers to personally participate in the creation of his Journey.
The technical person in charge of the Zhengtu project is Shang Jing, who previously participated in the development of Jinshan wps, and also worked as a technical assistant for Rebus, and developed the online game Fengshen Bang in Jinshan. In another time and space, this person will be poached by Sohu this year to participate in the establishment of Firefox Studio, the predecessor of Sohu Changyou, and after developing Dragon Babu, he will switch jobs and start a business - after going around for many years, he will finally return to Rebs , served as vice president of Xiaomi.
But now, Sohu and Sogou have long cooperated to establish Soupai Changyou, and Tian Long Ba Bu has been developed for more than half a year. Shang Jing, who wanted to seek greater development, was directly poached by Shi Yuzhu, and took away most of the fire studio from Jinshan.
Rebs is also a good person, he does not resent his subordinates who quit, even though these subordinates are in a state of competition with Jinshan after they leave.
Even for some subordinates who resigned to start their own businesses, Rebs would personally pay for angel investment. The money that Rebs used for investment was obtained from the sale of shares in Joyo.com, which gave birth to many successful companies, which were later regarded as Xiaomi.
Shang Jing's wife also switched jobs to start a business later, and successfully received 210,000 yuan of investment from Rebus. Five years after its establishment, the company acquired Xiaomi's Mi Chat business, and the two parties jointly established Xiaomi Interactive Entertainment. Shang Jing finally ran back to be the vice president of Xiaomi, because his wife was pregnant, so he was summoned by Rebus to take over the position of his wife.
What should Shang Jing say, luck is good, and luck is very bad.
He is an old man and important minister of Jinshan. It is reasonable to say that he can get equity incentives, but he changed jobs before Jinshan went public. He is one of the two founders of Sohu Changyou, but he started his own business before Sohu Changyou went public. The page game company he founded later developed well, but withdrew before Tencent injected capital. The online game company he founded was a smash hit, but was emptied of power by shareholders, and the well-behaved CEO was sent to study in the director department. After studying, he was sent to the film and television department. This department was specially built for his Bodhisattva. As a result, he led the investment in Painted Skin and gained both fame and fortune, but in the end he was completely excluded from the decision-making hierarchy.
Fortunately, Shang Jing married the right wife, and was able to come back to take over as the vice president of Xiaomi when his wife was pregnant...
After Shi Yuzhu poached Shang Jing and his team, he personally participated in the planning of Journey. He handed over the company to his confidants to take care of, turned off his mobile phone, cut off contact with the outside world, and lived in isolation for a year.
The task system and detailed gameplay of Journey may have been made by the studio at the beginning, but the final product was made by Shi Yuzhu. Every time a stage of the game is completed, Shi Yuzhu will personally lead people to play the semi-finished product, write down any dissatisfaction, and let the studio modify it according to his own ideas. He integrated his tricks of selling health care products for many years into the game, making rich players spend money like crazy, so that ordinary players can also enjoy it.
...
After dealing with the affairs in the capital, Song Weiyang immediately prepared to fly to Hu Jian to attend this year's gathering of members of the Golden Bull Club.
Unexpectedly, the deputy dean of Guanghua School of Management, Peking University, Zhang, who had met for a few times, suddenly found Song Weiyang with a phone call - a private phone number that was exchanged when attending the cctv annual economic figure award ceremony.
Nothing else, Vice President Zhang is just acting as a middleman, Du Xia, the boss of Home World, wants to invite Song Weiyang to dinner.
This face is really hard to refute, because Vice President Zhang is a well-known economist in China, and he will be promoted to the dean of the School of Management of Peking University in the future, and he and Song Weiyang had a good chat in the past.
Inside the courtyard.
Du Xia wore trousers, a shirt, and a pair of glasses. He was short and fat, with the temperament of a scholar and a businessman.
After exchanging simple greetings, Du Xia said: Mr. Song, I'm really sorry. I was the one who invited you to dinner, but now it's you who invites me to dinner. I will definitely make up for this meal when I have a chance in the future.
Mr. Du, you're being polite. Dean Zhang's friend is a friend of mine, Mr. Song. We are all from our own family, so why bother to talk about each other, Song Weiyang said with a few polite words, and then laughed, What's more , we are also considered partners, and Xifeng has to ask Mr. Du's supermarket chain to sell products.
Du Xia laughed and said, Where is it, we are a retail chain, we should be grateful to a big brand like Xifeng.
The two flattered each other and talked about the scene, Song Weiyang was smiling all the time and was not in a hurry, he wanted to see how long the other party could get around.
Du Xia is not an ordinary small boss, but one of the top ten billionaires in the Forbes China Rich List last year.
This person used to be a scholar, who studied economics, and started doing business in the 1980s. In 1990, when he was speculating in foreign exchange on the Hong Kong Stock Exchange, he lost all the money he had earned over the years. Then he went to Qiongdao to speculate on land. With his keen sense of economist, he got out half a year before Qiongdao's real estate collapsed, and then took the money back to Jinmen to start real estate.
The operation during the real estate period has always been a mystery, but he insists that every penny he earns is clean, and even used it as a gimmick to seek listing in the past two years.
In the mid-1990s, Du Xia began to gradually abandon the real estate development business and started retailing building materials related to real estate. He is an economist by background. Unlike ordinary entrepreneurs with mud legs, he first went abroad for investigation and brought back the Western retail industry, so some people call him the father of China's modern retail industry.
After 2000, Du Xia turned his energy to the retailing of daily necessities. In layman's terms, he opened a chain supermarket.
Before 2004, Du Xia was very cautious in his investments, and often satirized those who engaged in diversified operations and those who desperately expanded their stores, thinking that these people were speculators and could not stand the test of time. He insisted on going step by step, taking North and Northwest China as the main positions, avoiding first-tier cities, and laying out in second- and third-tier cities in the north, and declared that he would never go south and cross the Yangtze River before 2008.
In this way, relying on the retail chain, Du Xia finally ranked among the top ten richest people in China last year.
It smells so good!
Du Xia also failed to escape the law of true fragrance. Seeing foreign supermarket brands attacking cities in China, he felt a sense of crisis that time could not wait for him. So since last year, Duxia has added new chain stores frantically, and replaced more than half of the executives with foreigners, claiming to build an international team.
The capital chain began to collapse, and the reputation of the chain brand began to collapse...
How could a scholar-entrepreneur who was once extremely cautious make such a fatal mistake?
Because Du Xia suddenly wanted to use the power of capital, all the crazy moves he made were to seek listing on the Hong Kong Stock Exchange. As long as the company can be listed, the capital chain is not a problem, and word of mouth is not a problem. With his ability, he can completely correct it, and the success rate of listing is almost 100%. It is very likely to build a retail empire in China. Edition Wal-Mart.
Just when everything was ready and the Hong Kong Stock Exchange was about to pass the listing application, the SAFE suddenly issued a document requesting the approval of the three links of the red-chip listing.
Du Xia almost wanted to cry, he did all the calculations, but he couldn't figure it out, the SAFE actually closed the door for the red chips to go public!
Drinking some wine in the courtyard, Du Xia chatted with Song Weiyang for a long time, and finally couldn't help turning to the topic: Is Mr. Song interested in investing in the retail industry?
Song Weiyang sipped the fairy wine and asked with a smile, Why, Mr. Du's company wants to raise money?
Du Xia said grandly: If the retail industry wants to expand, it must have sufficient funds. Originally, I wanted to go public for financing, but the SAFE suddenly restricted the red chips of the Hong Kong Stock Exchange, so I can only seek funds through other channels. Funding help. In terms of doing business, I am definitely not as good as Mr. Song in other places, but when it comes to retail chains, I rank second, and no one in China dares to recognize the first! When I opened the first supermarket, it took three months During the trial operation period, the sales volume reached 100 million yuan. In the first year I opened the supermarket, I built 15 chain stores, and the net profit reached 78 million yuan! With Mr. Song’s financial help, and my experience in the retail industry With operational capabilities, we will be able to create a Chinese Wal-Mart within ten years!
Song Weiyang put down his wine glass and said with a smile: I heard that more than half of the managers in Mr. Du's company have been replaced by foreigners? I'm afraid it's a bit uncomfortable for foreigners to manage Chinese supermarkets.
Du Xia immediately patted his chest and promised: The reason for hiring foreigners to be the top executives of the company is to hype the listing. As long as Mr. Song is willing to invest, I will fire all those foreign devils when I go back. They don't know farts in China, and they can only eat dry food if they stay. .”
Song Weiyang added: Your company has been exposed to various negative news since last year. It seems that there are many problems in management. Moreover, the speed of opening new stores is too fast. I really can't imagine where to find so many branches. Manager, you won’t be hired casually, will you?”
Du Xia promised again: As long as Mr. Song is willing to invest, I will close half of the branches opened in the past year! Those new stores were also opened for listing.
Song Weiyang asked, What is the relationship between Dean Zhang of Peking University and you?
Du Xia smiled and said, I am an old friend with him. Since 2001, he has been an independent director of our company.
It's no wonder that Dean Zhang wants to be a middleman to help make dinner appointments, Song Weiyang suddenly realized, and asked again with a serious face, How big is your current financial loophole? To be honest, you can't deceive anyone.
Du Xia shook his head and smiled wryly: I owe 1.5 billion to the bank and more than 2 billion to the supplier.
You are amazing! Song Weiyang sighed sincerely.
What Song Weiyang sighed was not Du Xia's ability to owe debts, but that he owed so much money and continued to expand wildly in another time and space. It's like a gambler who has already lost his gambling capital, so he can only recklessly seek a chance to make money, and there is no turning back (unless someone invests a lot of money to help tide over the difficulties). After Du Xia's road to listing was blocked, he opened a store at a faster speed for another year in a row, just to pass the listing review of the SAFE.
It's a pity that it still can't be listed, so it can only sell assets.
First, they sold building materials chain brands to foreign companies, then sold supermarket chain brands to China Resources, and then sold various store properties. The most amazing thing about Du Xia is that his property has been sold for more than ten years and has not been sold out. Until 2019, he was still on the Forbes Global Rich List, but he was reduced to 2057th, and he even had spare money to spend 30 million Donate to the alma mater to build the library.
This is all because China's real estate industry is so powerful. From the mid-1990s to 2004, Du Xia opened chain stores and often bought all the stores, and even built shopping malls everywhere by himself. The real estate accumulated in ten years was enough for him to eat for a lifetime.
Although it owes nearly 4 billion foreign debts, Du Xia's company is definitely a high-quality asset, and its fixed assets alone are worth tens of billions—with the real estate market booming, it will be even more valuable in the future.
Song Weiyang asked, How much do you want to raise?
Du Xia said: The more the better, preferably more than 1 billion!
Song Weiyang thought for a while: I'm going to Hu Jian to attend the Taurus Club party, so you can come with me and see who else is willing to invest in the Taurus Club.