Chapter 934

Bsp; online, which aims to develop the world's largest online music store, is supported by iPlayer hardware sales, while Toshiba accounts for more than 40% of the monthly iPlayer shipments in the global market; On the other hand, the revenue of the website at this time is far from being able to cover the huge cost of continuous expansion and daily operation. Xiao Jincheng has a report on the expansion and operation of the website in major Internet countries and places in the world in the next two years, In the next two years, at least US $60 million will be needed - which determines that Jinhu will transfer the equity of the global music online website to Toshiba to obtain funds for the sustainable development of the website.

As for how much capital Toshiba injects, how much equity it obtains, and how to limit the management authority of the website, all these need to sit down and negotiate slowly. As the tide advances to the end of 1998, the upsurge of Internet investment is gradually surging. The market value of websites that occupy an absolute monopoly position in the market segment will never be underestimated.

This is also part of Toshiba's request to adjust the distribution of interests in the future iPlayer field - in short, there was no unpleasant experience when okamuri and his assistant moriyamano came to visit. Zhang Ke responded positively to their requests.

After talking for a long time, Zhang Ke stood up from the sofa and watched the sunset shining in the sea water of Victoria port through the floor glass curtain wall, just like 100 million gold coins hidden under the blue sea water.

Gangmuraki, who is only in his early 40s, is regarded as a representative of the youth in Toshiba. However, compared with the young people in front of him, he is really half a bad old man. It is not clear how he effectively restrained the elite management team composed of Chen Xinsheng, Su Jindong and Ding Huai. When he saw Zhang Ke stand up, he thought it was also time to leave, and stood up with his assistant moriyamano, Just before leaving, Zhang Ke turned around and asked him, "I heard that Chi Sasaki, the general representative of Mitsui products in China, wants to organize its member enterprises to carry out large-scale strategic cooperation with Huaxia electronics. I don't know if Toshiba is in Chi Sasaki's plan?"

"..." when asked this question directly, gangmuraki felt a little sudden. He hesitated a little before saying, "Toshiba can not be regarded as a member enterprise of Mitsui, but Toshiba will not refuse if ikezuo xiuzang's plan is conducive to Toshiba's development - but if it is beneficial, I'm afraid it will fight for NEC, Sony, Panasonic and sharp first..."

The implication of gangmuraki's words was very clear, and Zhang Ke smiled: gangmuraki's words could not be taken seriously. Although Toshiba had long been excluded from the series of core member enterprises of Mitsui, the close relationship between Japanese enterprises is hard for outsiders to imagine.

Samsung learned from Mitsui very well at this point. On the surface, the Li Jianxi family holds less than 4% of the Samsung Group, but Li Jianxi is implicated in the bribery case and still firmly controls the operation of the whole Samsung Group - the development of the contemporary financial system and the implementation of the cross shareholding plan after resigning from his main positions in the SamSung group, It can completely cover up the real control of the enterprise.

Zhang Ke has already gradually implemented the cross shareholding plan within the Jinhu system, so as not to make the wealth directly exposed to the public too shocking in the future.

Because of the placement of overseas business, IDA group will become the largest shareholder in the name of Jinhu commercial, with a direct shareholding of more than 40%. Zhang Ke, together with Xie Wanqing, sun Shangyi, Ge Mingde, ye Jianbin and others, holds the remaining nearly 60% equity of Jinhu commercial in the name of private company, holding company or subsidiary.

In mid September, Zhang Ke and Xie Wanqing jointly transferred part of the equity of Aida group and Yuexiu holdings to the Guo family, Ma family, Chen family, he family and other Southeast Asian Chinese business families. Aida and Yuexiu control the best business and assets of Jinhu, so that Guo, Ma, Chen and he families share the core interests of Jinhu, and also want to further attract them to Jinhu.

In addition, Zhang Ke has been actively improving the shareholding ratio of management and core employees in its member enterprises.

Chen Xinsheng, Su Jindong, Ding Huai, Chen Hanzhang, Xiao Jincheng and other senior and core members have increased their shareholding in Aida group to 18%.

In the past few months, Zhang Ke has preliminarily completed the cross shareholding between Jinhu commercial, Yuexiu holdings, IDA group, Xinguang paper and other Jinhu member enterprises. In terms of financial structure, Jinhu system has initially formed a complex system with IDA group and Jinhu commercial as the core.

Although there is no change in the total equity owned indirectly or directly, in the new system, Zhang Ke's direct shareholding in Jinhu's member enterprises in his private name will be reduced to a very low proportion. At least when the British Hurun comes to China next year to rank the Chinese rich and raise the Hurun rich list, even if the relevant material confidentiality measures are not in place, Zhang Ke's personal wealth, which he can calculate directly, will not make him occupy a prominent position - of course, if a young man in his early twenties privately owned even hundreds of millions of wealth in 1998, it would surprise the eyes of the vast majority of people in China.

It is necessary to avoid the attention of the public and the media as much as possible. To implement an extremely complex cross shareholding plan and cross entangle the rights and interests of domestic companies and overseas companies, in essence, we should take precautions to avoid people or institutions coveting Jinhu. It is also to avoid that the wealth directly owned by Zhang Ke's private name is too dazzling in the eyes of senior management.

The late 1990s was a critical period for the great development of the domestic private economy. Private entrepreneurs with billions, billions or even tens of billions were no longer talking at night. However, in a country where private property rights have not been fully recognized, is there an upper limit on the accumulation of private wealth? Zhang Ke is hard to say. Looking up at the sky, there seems to be no obstacle above your head, but there is a kind of ceiling like transparent glass. You can't feel its existence until you don't hit it with blood and flesh.

There are also disadvantages in doing so. For example, the two core companies in the Jinhu system, IDA group and Jinhu commercial, are bound to be unable to go to the public securities market for listing and financing because of their too complex financial relationship.

Songgang Muraki and his assistant moriyamano leave, and Zhang Ke and others go back to the living room.

Chen Xinsheng asked, "will Toshiba agree to this condition in exchange for a capital injection of US $60 million with a 30% stake in the global music online website?"

"The Institute of economics and economics is quite optimistic about the development trend of the global Internet economy in the next two years," Zhang Ke smiled. "At first, they won't agree, but the longer it is delayed, the more favorable it will be to us and the greater the pressure it will put on them... If it's a big deal, it will be delayed. Besides, Toshiba won't commit it, and scober."

The capital injection of 60 million US dollars in exchange for 30% equity means that the remaining 70% equity in Jinhu's hands is worth 140 million US dollars. In the past year, Jinhu's total investment, including the acquisition and re injection of global music online websites, has not exceeded 30 million US dollars. Gangcun wood's representative Toshiba casually agreed to such conditions, which is called meeting a ghost.

When Zhang Ke arrived in Hong Kong, people had to stop. As soon as he sent gangcunmu and moriyamano away, aimer, CEO of scooter, called in. Zhang Ke smiled and said to Chen Xinsheng, "look, scooter won't move much slower." at this time, Fu Jun ran over and told him that the car sent to pick up Tang Jing had been downstairs of the hotel.

Aside from being serious and serious on business, aimer is a friend worthy of contact. Zhang Ke didn't let Chen Xinsheng or Su Jindong deal with aimer, but invited aimer to dinner together.

The sightseeing restaurant is located on the top floor of the Renaissance Seaview Hotel. Tomorrow is the official day of the Hong Kong Electronics Show. The people who come to this sightseeing restaurant are well-dressed. Many people are big people who can cause an uproar in the industry. Zhang Ke and they chose a seat near the window. Aimer is also very eager to talk to the big people he recognized

Zhang Ke also recognized some acquaintances. Li Zaizhu, a specialist of Hg SamSung China investment company, sat down with Keiichi Watanabe of Sony to talk.

"They are really big people," Tang Jing observed these big people with interest, holding her chin in her hand. "Look, they are not much different from you. Some people are so ugly."

Zhang Ke put his hand on her bright and clean forehead and said with a smile: "it's the same for ordinary people. One nose and two eyes are different from ordinary people. Only the inner dirty degree is not comparable to ordinary people..."

"What about yourself?" Tang Jing quipped Zhang Ke.

"It's almost the same. He's the same," Zhang Ke pointed to aimer sitting opposite. "I kindly asked him to come over for dinner. His eyes twinkled and his mind was thinking about how to make Jinhu give more benefits to scober..."

"Cough..." emer was drinking French thick soup with a spoon. Hearing Zhang Ke's words, he almost sprayed out the soup, wiped the residual liquid from the corners of his mouth with a napkin, and complained to Zhang Ke with his strange Mandarin, "I'm just thinking about how we can go further on the road of cooperation..."

"Well, let's hear you talk about how the two companies can go further on the road of cooperation..." Zhang Ke said with a smile, grabbed Tang Jingrou's hand, put it in his palm and slowly whirled it, reclined comfortably on the back of the chair and listened to aimer's argument.

"IPlayer's market in the next few years will be in Europe and North America, and global music online should also mainly develop its business in these regions. Don't you think letting scooter participate in global music online is also conducive to the business development of the website in these regions?" aimer said, without concealing scooter's covet of global music online interests.

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