Chapter 278 Repayment of Debt, Release of Pledged Equity
After the press conference, the capital party contacted Parker Technology was missing a lot, but he still refused to give up and continued to send money through various methods, thinking about participating in the short videos before the cameramen had completely risen.
No one is a fool, so naturally you can see that you will be able to make a lot of money by participating in short videos at this time.
After Shang Fuhai and Han Zhengyu communicated, Han Zhengyu had already conveyed the boss's meaning to Chen Jingshu in private. Chen Jingshu also understood the concept of "stop at the right time" and did not have the idea of monk Fuhai to deal with it.
When the Weibo stock price in the Eastern US market rose to more than $20 per share, she led her team to start clearing and cashing out.
This period took a full week. During this period, Weibo's stock price reached a maximum of more than US$23 and a minimum of US$19, with a range of nearly US$5. Chen Jingshu used technical operations to do a few low-buy and high-buy to maximize profits as much as possible.
In the end, she sold 20 million shares after removing other expenses, cashed out 431.8 million US dollars, and in accordance with Shang Fuhai's requirements, she transferred all 100 million US dollars into her domestic account through some operations, and exchanged a total of RMB 637 million.
Another huge amount of cash hash.
When the money was received, the first thing Shang Fuhai did was to go to Beijing and personally contact Li Chuanqing, the investment department director of the Intime Group headquarters, to lift the 40% equity pledged in the Haifei cafeteria of Intime Group.
"Fuhai, I really didn't expect that you would develop so quickly. Seeing you progressing like a rocket, I am really old." Li Chuanqing looked at Shang Fuhai's young and even tender face, and was filled with emotion.
Shang Fuhai returned a loan and felt much more comfortable. Although it was still more than a year before the repayment period, he could use this amount of money to invest and get rich returns. However, Shang Fuhai could not say that he could not accept it and did this again.
"Uncle Li, I have to thank you for your help to me. If it weren't for you, I wouldn't be like today." Shang Fuhai looked at Li Chuanqing with a serious face, but inadvertently found that he was a little older and had a little more white hair on his head.
Shang Fuhai took a deep breath: "Uncle Li, I see that you have a lot of gray hair, so you have a lot of worries."
"Haha, you boy, Fuhai, don't go today. Go to my house for a meal tonight. Let's have some drinks and talk." Li Chuanqing took the initiative to invite him.
This made Shang Fuhai flattered. He had a kind of respect for Li Chuanqing like an elder. In Shang Fuhai's view, if Li Chuanqing had not agreed to transfer the shares of Haifei's cafeteria at a higher price, and could not have collected the money to buy Toutiao's equity, he would not have the same value as he is now.
"Uncle Li, what do you say, I will have two drinks with you tonight." Shang Fuhai agreed.
Li Chuanqing was overjoyed: "You guys are just happy. Okay, I'll wait for you tonight."
After transferring the principal and interest by about 170 million yuan, the two parties terminated the equity pledge contract in person and finished the matter quickly. Shang Fuhai and Li Chuanqing said that he left the headquarters of Yintai Group and went to Parker Technology first.
At the same time, he also brought 40 million yuan in funds to Parker Technology, mainly for the promotion of the Paike APP.
In addition, it has brought 20 million yuan in funds to Yigou.com, mainly for further development and testing of online platforms and payment system development and testing.
"Mr. Song, Mr. Liang, the burden on you two is very heavy, but I can only ask you." Shang Fuhai said solemnly.
"Boss, don't worry, we will do our best." Song Yutong said.
Liang Rubo followed up and said: "Boss, there is no problem with the Paike APP at present. The development of version 1.2 has also been on track. If nothing unexpected happens, it will be completed in December, and the online payment system has been under development."
"Well, I believe in your ability, but my funds are also a little short of money. I will go one kilometer to continue supplying the information store account. I need to start looking for profit points for short videos for customers." Shang Fuhai finally said to Liang Rubo.
It’s not that the funds are really insufficient. He still has a total of 400 million yuan, and even in his domestic capital account, there are more than 6.5 million shares of Western Securities that have not yet cashed out. Now this capital operation is worth at least 200 million yuan.
But the short video of the camera must not survive simply by relying on his blood transfusion. He must squeeze the ability of the camera APP or Liang Rubo and Song Yutong to force them to find the profit points of the project.
The profits of traditional APPs are nothing more than advertising revenue, game revenue, traffic profit sharing, and derivative functional profits, etc., while Paike Short Video is only a video upload from Volkswagen. In addition to the above, its profit points are also in many different aspects.
Shang Fuhai knew something, but he didn't hide his own personal information. He directly told what he knew and discussed the feasibility of implementation with the two.
The discussion lasted until the afternoon. Song Yutong and Liang Rubo were originally thinking of treating Shang Fuhai to dinner tonight, but Shang Fuhai directly refused.
"I have promised Li Chuanqing from the Investment Department of Intime Group to go to his house tonight. Don't be so polite between us. Let's take the time to come and I'll treat you to you." Shang Fuhai explained.
"Intai Li Chuanqing? Could it be that Li Chuanqing, the director of the investment department?" Song Yutong asked him that she had heard of this person, but had never seen him.
Knowing that the other party is a senior in the industry and also has an important position within Intime Group, she did not expect that her boss would know the other party.
And according to the boss's statement, the other party personally invited him to dinner at home, which made the relationship even harder to say.
Shang Fuhai said: "It's a long story. I used the pledge of Haifei's cafeteria to cash out, and took some money to buy the equity of Toutiao on Weibo. Uncle Li helped me a lot in this matter, otherwise there would be no development now."
Listening to Shang Fuhai talking about the past competition for Toutiao equity, listening to him saying that he directly sold 30% of the equity of Haifei Cafeteria and pledged 40% of the equity. It can almost be said that the listing mortgaged the vast majority of their net worth, they felt indescribable pride in their hearts.
Their bosses dare to fight, but what are they afraid of?
Shang Fuhai didn't know what they were thinking. After saying goodbye to them, Shang Fuhai found a shopping mall to buy some expensive gifts.
It would be too rude to go to other people's houses for dinner empty-handed, especially Li Chuanqing can be said to be his senior figure, and Shang Fuhai dared not be too casual.
Chapter completed!