Xingrui technology is a joint venture established by origin group and Warwick. The technology company is mainly operated and managed by Warwick, and origin group only holds technology shares.
The two generations of tassel mobile phones produced by Xingrui technology are popular. What does the origin group mean by selling shares at this time?
Yu Jiangdong is leaving for Jiangcheng city to speak to the following people. The news must be kept confidential.
In Jiangcheng, Wang Yulan said to Zhou Xiao, "Yu Jiangdong has arrived in Jiangcheng."
……
"Origin group is ready to sell 10% of Xingrui technology."
Zhou Xiao and Yu Jiangdong met again, Zhou Xiao said.
It was Zhou Xiao's deliberate decision to sell the shares of Xingrui technology.
There are three reasons.
One is that it can be realized immediately.
Although the origin group has a large amount of advanced flow, the construction of DNA memory and storage plant is a large expense. The cash after realization can be directly used to invest in the construction of the plant, which is conducive to Zhou Xiao's completion of the task as soon as possible. The value created by the plant is also faster than that created by Xingrui Technology Co., Ltd.
The second is to help stimulate Warwick's subjective initiative.
Warwick holds 49% of the shares of Xingrui technology. With the hot sales of tassel series, Warwick executives and the board of directors have always had the voice of repurchasing the shares of Xingrui technology.
When Xiaomi came to Jiangcheng to visit the new technology zone, there were many discordant voices inside Warwick.
Some people can't blame the origin group, but they also feel that the origin group is not interesting enough.
Some people think that the origin group should not cooperate with Xiaomi and should exclusively license the technology to Warwick.
Therefore, at this time, the origin group also owns 51% of Xingrui technology shares, which makes Warwick particularly uncomfortable.
If Warwick can get more equity, it will not only calm the internal voice of Warwick, but also stimulate the creativity of Warwick.
Working for yourself and working for others are two different concepts, and the labor paid is also inconsistent.
The third is the strategic issue of the origin group.
What Zhou Xiao needs to do is to establish an Internet software and hardware ecological chain belonging to Xia Guoren, rather than making a company alone.
In Zhou Xiao's plan, he hopes that any Xiaguo mobile phone and PC company can use the singularity system. He also hopes that DNA storage and DNA hard disk will become the first option for all Xiaguo enterprises in the future.
Only when these hardware devices are used, the system ecology belonging to the Xia people can be improved.
The most taboo of ecological construction is exclusivity.
This is why the ecology of Android is richer than that of Pingguo and more people use it.
Xia's own ecosystem is not only related to the profit of the origin group, but also related to the future security of Xia's Internet, so it must be built well.
Xiaomi is one of the greatest companies in Xiaguo's science and technology field. It has a large number of young users. These people are the future of Xiaguo. Zhou Xiao doesn't want to give up this group of users.
If Xiaomi only uses the singularity OS system without DNA memory and storage, it is not perfect for ecological construction.
The development of software is based on hardware.
The development of Xia's ecosystem only depends on the origin group is not perfect. The origin group can only play the role of guide, and more depends on the innovation and struggle of the majority of Xia's scientific and technological workers.
Zhou Xiao's plan is to establish a three-dimensional new alliance company.
This three-dimensional new alliance company includes not only Warwick but also Xiaomi, but also more Xiaguo technology companies in the future.
In this alliance system, the origin group will invest in some companies, but it must not hold too many shares. The more shares the origin group holds, the weaker the innovation ability of relevant companies, which is a constant rule in science, technology and commerce.
In the short run, the origin group seems to have sold its shares early and abandoned Xingrui technology, but in the long run, the origin group wants not a fish but a sea.
Isn't the success of Xingrui technology due to the investment and support of the origin group?
Zhou Xiao directly showdown with Jiangdong and said, "we are ready to reduce our holdings of Xingrui technology in batches. In the next five years, we will reduce our holdings to less than 30% and less than 20% in the next ten years. We hope to give Xingrui technology more freedom of development."
"In addition, we are going to set up a new technology company under the source code group. This technology company will hold Xingrui technology. This company will also hold Xiaomi's new company. Xiaomi will be included in the ecological chain and supply chain of the origin group."
Although the origin group has not talked with Xiaomi yet, Zhou Xiao is sure that Xiaomi is happy to be included in his own system.
Yu Jiangdong knows that the origin group is an ecological chain with a unified pace of components. Warwick has no way to complete this project, and only the origin group can complete it.
Zhou Xiao also promised Yu Jiangdong: "Xiaomi can't use DNA memory and DNA storage on her mobile phone in a short time."
Yu Jiangdong nodded. Warwick can't just watch the origin group eat. It must be more innovative in singularity ecology and even mobile phone hardware to ensure its competitiveness.
Yu Jiangdong even thought that if he were Zhou Xiao, he might have handed over DNA storage technology to Xiaomi.
For Warwick, it is also the most cost-effective and lowest cost to buy back the shares of Xingrui technology at this time.
The growth momentum of Xingrui technology and tassel has just begun, and the future potential is immeasurable.
After returning to Shenzhen, Yu Jiangdong directly persuaded the board of directors to purchase the equity of Xingrui Technology (Warwick's board of directors had long wanted to buy back the equity of Xingrui Technology).
After discussion between Warwick and origin group, referring to the profit of Xingrui technology last year (40 billion RMB), it was priced at 400 billion RMB at 10 times the P / E ratio. Finally, Warwick bought back 10% of Xingrui technology at the price of 40 billion soft sister coins.
After the repurchase, the equity distribution of Xingrui technology company is as follows:
Warwick accounted for 59% of the shares and became the actual controller of Xingrui technology. The source code group subordinate to the origin group accounted for 41% of the shares.
According to the agreement between Warwick and origin group, origin group will reduce its equity to less than 20% in the next five years.
Warwick is quite satisfied with this transaction. Of course, it is happy to become the owner of Xingrui technology company with unlimited growth potential in the future at the price of 40 billion soft sister coins.
The transaction between the two sides was very fast, and the news was quickly disclosed.
As soon as the news came out, the capital market and the scientific and technological community were shocked, and the Xiaomi team still in Jiangcheng was also shocked.
Tian Yu is preparing to talk with Ma Xin again. After receiving the news, he immediately stopped the existing scheme.
Now Xiaomi looks confused and forced. What does the origin group mean by selling the equity of Xingrui technology?
Xingrui technology has good growth potential. The price of 400 billion RMB shows everything. Why did the origin group choose to sell its 10% equity at this time?