If Li Dong doesn’t want to lose his controlling stake in Weibo, he has to prepare about 10 billion yuan more funds.

Li Dong could not afford nearly 20 billion yuan of funds.

Yuanfang Group can't come up with it.

So the only way at present is actually to exchange Weibo’s stock capital, and investment banks are also the easiest to agree.

If you say that you just rely on spending money to buy, people may not agree.

After all, according to the current Gome value, they will not be rewarded if they buy it with money.

Investment banks are not stupid either, how could they agree?

Only Weibo, mall or even Wankatong can make them agree.

Li Dong is very close to Wankatong and the mall. He will not choose to raise funds or sell shares at this time. The biggest possibility is to use Weibo in exchange for other people's consent.

When Li Dong proposed to exchange his shares for Weibo, everyone actually understood his idea.

As expected, Li Dong smiled and said, "Since Weibo has developed an international version, we should let go of some things.

We have always been in an absolute controlling position, which is why governments in various countries have resisted it.

A Chinese man who has this kind of killing weapon for public opinion should not think more about it?

Of course, according to my opinion, it is best to add state-owned assets to ensure absolute control. It is best not to let foreigners take control.

This is actually okay, the purpose of investment banks is to make money.

We sign an agreement and we must repurchase part of the equity before listing. In this way, it is enough to always maintain our shareholding ratio above 30%.

For state-owned assets, they can win 20% of it.

If you really can't get it, even 10% is more than enough.

Do you expect these investment banks to have a unified opinion?

The possibility is not high, 40%, plus the listing part, we don’t have to worry too much."

The reason is this, but Yuan Chengdao and others are still a little reluctant to leave.

Weibo's bullish market is actually much bigger than Gome, otherwise everyone would not be sure that investment banks are willing to change.

Is it really worth it to exchange Weibo shares for Gome shares now?

As if seeing what everyone meant, Li Dong smiled and said: "Everyone, you must understand that industries like Weibo are essentially a big cake.

The outside world says that you are valuable, but you are valuable.

If others say you are not worth money, you are actually worthless.

Weibo's profit methods are actually limited, and it is not very helpful to supplement our industry.

Gome is different. I won Gome. What I said at the airport at noon is not a waste of fire!

Once you can really achieve full retail coverage, do you think Gome like this will be worse than Weibo?

At that time, Gome was not just Gome, but as a supplementary part of our retail industry, it would bring us countless added value.

30 billion, 50 billion, or 100 billion?

These are very likely, and even higher is not necessarily the case.

Money is not the main thing. At this stage, it is a fallacy to use single money to measure the value of the industry.

Even if we really lose money, we make money just from the perspective of industry supplementation."

No one refuted this.

Sometimes, if a certain industry can be supplemented, others will do it even if they know they are losing money.

Just like in the distance now, we are still investing in logistics.

The logistics industry, at least in the current view, is a huge loss.

He invested tens of billions of dollars in the past and continued, and his profitability was evident.

However, can we not do it from afar?

If the Far East does not do it, there will be no Far East Mall now, and there will be no Li Dong’s bold statement to build online and offline integration and full coverage of China.

The logistics industry is a hub, so no matter how much money is, it has to be done.

If you don’t do it, the entire industrial chain will lack the most important link. Without core competitiveness, Li Dong’s firing of artillery will really become an empty artillery.

Everyone actually understood this truth. Yuan Chengdao breathed a sigh of relief and said after a while: "Since you have made the decision, we have no objection.

But even besides Weibo, we must at least prepare tens of billions of funds.

It is impossible to exchange all bonds through Weibo. We must repurchase part of them ourselves. With 10% of Gome and your acquisition, we have to prepare 5 billion.

Others are intended to be used to acquire some shares in the hands of small shareholders and circulating shares in the secondary market.

Tens of billions of funds…”

Yuan Chengdao pondered for a moment, and then said for a while: "The task in the distance is very heavy now. Wankatong needs to be promoted and rural outlets need to be laid out.

In addition, Yuanfangcheng and logistics also need a lot of capital investment, the supermarket part is still expanding, and the idc data center is also constantly investing in and building..."

Li Dong interrupted: "I know all this in my mind, and I just want to know, can we raise so much money now?"

Yuan Chengdao gritted his teeth and nodded, "It can only be solved through loans!

There is no way we can get all the funds of tens of billions of dollars.

Yuanfang's net assets are now over 100 billion yuan, and the bank's opening has been slightly loose recently. It is not impossible to have a loan of 10 billion yuan.

Didn’t you say that it’s really not possible. Dongyu Real Estate has stocked up a lot of land and can sell part of it to recover funds.”

Li Dong nodded slightly and thought for a while and said, "Unless it is absolutely necessary, it is better to take out a loan at this time.

Although we have stocked up some land, the market is now bullish.

Keeping it in your hands is actually much more cost-effective than taking a loan.

No matter how high the interest rate on a loan is, it cannot match the increase in land prices.

And with the existence of these places, our corporate value will be greater.

In short, if you can, you can borrow. At least we are a group with a total asset of up to 200 billion yuan. We have less than half of the debt, so there is nothing to worry about."

Everyone smiled bitterly, there was nothing to worry about.

But the key is that you always talk about a big plan and a big plan, and no one is ready for it.

There are tens of billions of dollars in every possible way. If you don’t worry, you will still have pressure.

Moreover, the acquisition of Gome's controlling stake this time may not be smooth sailing.

After all, the Huang family has been in control for many years, and some things are hard to say, but there are still risks.

Once the controlling shareholder cannot be completed, even if Li Dong becomes the absolute second shareholder, it will not have much effect.

A company is the major shareholder who really has the right to speak.

Unless Li Dong can join forces with some people to suppress Gome, such as the Yongle Group, and the remaining investment banks...

When Bain failed to seize the controlling stake, he had to withdraw with regret in the end. After several years of operation, even though he had not lost money, he still made some profits, but in Bain's eyes, he was a huge loss.

The annual return rate is less than 5%, which is almost a joke for capital institutions like them.

You are now depositing a bank and depositing a fixed deposit. The annual interest rate of such large deposits is also more than 5%.

At this point, everyone has agreed.

Seeing this, Li Dong continued: "Next, whoever goes to Xiangjiang will have to go abroad by the way, and talk to institutions with convertible bonds.

In addition, some JPMorgan Chase companies also need to discuss.

Even if I don’t go there in person, it’s not OK for ordinary people to go there. Who of you has less work recently?”

He said so, but Li Dong looked at Chen Lang.

As the king of mergers and acquisitions, Chen Lang is the most suitable for this kind of negotiation.

In addition, as the chairman of the retail group, Chen Lang happened to be within the business scope when he went to discuss.

Seeing Li Dong looking at him, Chen Lang nodded and said, "I'll go, but I can't go alone, and it also involves the Weibo part.

On Weibo, the acquisition of Gome is not suitable for others to know.

I mean, Mr. Li, you can entrust Mr. Chen to accompany me. She fully represents your opinion. What do you think?"

Li Dong frowned slightly, thought for a while and said, "I'll look back and ask, after all, she's now..."

Li Dong didn't continue to say that Chen Qian ran around during this period and went to Xiangjiang for negotiations abroad this time. I don't know how long it will last.

Maybe by the end of the year, Chen Qian may not be able to finish the talk.

When Chen Qian quit the group, she wanted to separate from the distance. Now she was not suitable to let her go.

However, Li Dong also thought about it for a while, and it seemed that there was really no suitable candidate.

Liu Hong has to be in charge of the entire Far Realm Technology, and no one else is suitable for knowing this.
To be continued...