Chapter 1188 Wisdom Earth
After resting at home for two days and spending time with his son, Xu Liang also resumed his previous work rhythm.
Work in the morning and rest in the afternoon. Half of them are painting or reading, and they are with their wives and children at night, and then handling some work emails.
The first stop was Hongmeng.
A few years have passed, and the Science City in the future is becoming more and more prosperous.
The move-in of a large number of startups and investment companies has made this place the second "Zhongguancun" in the capital.
Suits and ties and plaid shirts and sweatpants have become the most common wear in Science City in the Future.
Standing in front of the floor-to-ceiling window of the chairman's office, Xu Liang smiled.
"I didn't expect that the Science City in the future will develop in just one year."
"As Hongmeng moves here, it has led to a large number of technology companies coming here, and Hanhua's incubator has moved over again, leading to a large number of startups, and other investment banks have also come here as they smell it.
As soon as the aggregation effect is opened, there are more and more companies and people. "Xie Wendao.
After Xu Liang nodded, he asked him to sit down.
"Do you know the merger and acquisition documents submitted by Pangu?"
"Old Yang has already told me."
"What do you think?"
"I think it's very necessary. Pangu's main focus in the past two years is on building cloud computing and big data systems, and it's still too slow to develop enterprises.
Huaxia Digital is different. As the largest software company in the country, it has accumulated a large number of B-end users.
If we can acquire it, we can quickly make up for our shortcomings, open up the market, and increase revenue.
More importantly, Huaxia Digital has a lot of experience in B-end software development and application, which can make up for the shortcomings of Pangu's B-end development. ”
Xu Liang thought for a moment and was about to speak, but was interrupted by the knock on the door.
Li Jinling pushed the door and walked in.
"Mr. Xu, Mr. Yang is here."
"Let him in."
Li Jinling turned sideways and made way for the opening of the road, Pangu Company CEO Yang Tingkun walked in quickly.
"Mr. Xu, Mr. Xie."
"Old Yang, come and sit down."
Xu Liang greeted.
After he sat down, Xu Liang picked up the teapot and poured him a cup.
"Thank you."
"Old Yang, Lao Xie and I are studying what you want to acquire Huaxia Digital. You are here, tell us what you think."
"Okay, Mr. Xu."
Yang Tingkun quickly put down the teacup.
After organizing the language.
"In 2000, Conscience Company was divided into two parts, and the department selling assembled computers continued to be called Conscience Company.
The split Huaxia Digital is committed to the IT service field, starting a second entrepreneurship, and will be listed on the main board of the Xiangjiang Stock Exchange the following year.
Today, Huaxia Digital's business has involved IT planning consulting, IT infrastructure system integration, solution design and implementation, application software design and development, IT system operation and maintenance outsourcing and other sectors.
Especially in the field of manufacturing ERP, Huaxia Digital surpassed UFIDA and Kingdee with a user share of 24.5% last year, ranking first in the market, serving more than 2,000 companies.
In addition, due to its strong shareholder relationship, IT services in many industries such as government, finance, telecommunications, and public utilities are also provided by Huaxia Digital.
The English name of Huaxia Digital is Digital China. It translates as "Digital China". The corporate mission is also to digital China, to release the power of information technology and promote the process of information civilization in China's society. ”
Xu Liang curled his lips.
It is also digitalized in China, and the slogan is shouting quite loudly.
I just didn’t see any research and development products that belong to independent intellectual property rights, and I took foreign products to lay them all over China. This is called digital China.
It’s not that he just criticized Huaxia Digital, but that the other party’s development ideas are in line with the conscientious company, and that it is better to buy than to build, and can only be at the low end of the industrial chain.
The times are progressing and industries are upgrading. If Huaxia Digital continues to do this, it will basically be useless.
In his previous life, he had nearly 100 billion in revenue, but his net profit was as thin as paper, with only 500 million or 600 million a year. This reflects only one problem - technology is not good.
"…Huaxia Digital has shouted a big slogan this year, transforming into IT services comprehensively and becoming China's IBM."
Xie Wen chuckled, "Conscientious Company said it wanted to be IBM in China, which generally refers to PC business;
Huaxia Digital also said it would be China's IBM, which generally refers to IT services. ”
"This parent and subsidiary companies are also talents, and they are all kinds of brands that use IBM.
The reason why IBM sold its personal PC business back then was to get rid of the burden, and to focus on high-end servers, management software, system solutions and other businesses to maintain its high-end brand image.
The Conscientious Company bought a business that people felt was not technical and had no prospects, and she wanted to clamor all over the world, as if she had bought a big advantage. "Xu Liang said disdainfully.
"There is still hope for the conscientious company to reach the market share that IBM once created in the personal PC field, but Huaxia Digital wants to reach the scale of IBM in the IT service field, and the difficulty is hell." Yang Tingkun said with a smile.
"Dreams still need to be there, what if they come true?"
Xu Liang smiled and said, he remembered that Huaxia Digital had really learned a lot from IBM.
IBM is the first company in the world to propose the concept of "smart earth".
What does the wisdom earth mean?
A global system of countless systems – including 6 billion people, thousands of applications, 1 trillion devices and the 100 trillion interactions generated every day.
In essence, it is the interconnection of everything.
Later, IBM found that this was a bit difficult, so he and the Aoguanhai government invested and built the first smart city in the United States in Dubuque, Iowa, intending to complete this big cause bit by bit.
When Huaxia Digital saw that it was a very tall guy, and it was a big deal. So after IBM, he also put forward a similar slogan in China: to build a smart city.
Smart cities are the crystallization of technological achievements gathered by countless cutting-edge technologies such as the Internet of Things, artificial intelligence, and cloud computing. Can an outsourcing + IT agency distribution company do well?
Xu Liang is deeply suspicious of this.
The business direction of smart cities is very good, but if you don’t have some excellent skills, don’t take on this job.
"Mr. Xu, when I met internally last time, I heard you talk about 'smart city' and was deeply inspired.
Pangu's cloud computing and big data systems require a large number of application scenarios.
Business is just one of them.
Smart cities are also a major direction,
Through smart cities, business scenarios of smart transportation, smart policing and digital government can also be expanded.
The prospect is very big.
Although Huaxia Digital's technology is not very good, it has been doing outsourcing and agency business over the years, and has accumulated a lot of government, enterprise and industry customer resources.
This aspect has always been a shortcoming for us.
Moreover, no matter how poor Huaxia Digital's technology is, it is almost one of the best software system manufacturers in China. After purchasing it and absorbing some senior engineers, it can strengthen Pangu's R&D capabilities. ”
Xu Liang nodded slightly.
If the truth is Yang Tingkun said, it would be great that Pangu can become a first-class domestic software and system solution supplier after absorbing Huaxia Digital.
Give an example.
Since ten years ago, Huawei has spent 4 billion yuan to hire IBM to conduct management consultations for the company in two sessions.
The first consultation content is eight management changes, including IPD (integrated product development), ISC (integrated supply chain), IT system restructuring, and financial unity.
The second consultation content is the highest decision-making and authority of the company, financial supervision, etc.
Boss Ren said that the 4 billion spent was worth it, solving 9 of the 10 corporate problems diagnosed by Huawei.
When visiting Huawei a few days ago, Xu Liang also talked to their executives that Huawei is too large, with 84,000 employees. Not to mention doing business, just how to manage various departments and optimize the organizational structure. A big problem.
It's not just Huawei, but also a company under Xu's.
Hanhua, Taihua, Kunlun and others have consulted with IBM.
"Cloud computing, artificial intelligence, Internet of Things, smart cities, industrial robots, internal system integration of enterprises...
After hearing you talk about so many high-end technologies and applications, I only have one question: Is the technical foundation of Huaxia Digital qualified? "Xu Liang said.
"It's definitely not enough. My initial plan is to absorb some R&D engineers of Huaxia Digital, form a software business group, lay a foundation first, and at the same time vigorously introduce talents to the outside world and strengthen R&D capabilities.
Rome was not built in one day, and development also needs to be done step by step.
After divesting the R&D department, Huaxia Digital is still selling servers and operation and maintenance services.
I plan to train qualified operation and maintenance engineers to see if I can do cloud computing operation and maintenance work.
We want to engage in cloud computing, but it is not enough to have top R&D personnel alone, and basic work also requires people to do it.
After completing these divestiture steps, the remaining IT distribution business and outsourcing business can continue to retain the status of a brand and listed company, maintain the industry's customer resources and government and enterprise resources, and transform in the future to help us sell cloud computing services, artificial intelligence services, and systems. High-end technology products such as integrated services and smart cities. ”
Xu Liang listened, with a pleasing smile on his face.
He likes such talents who have goals and specific plans very much, and most importantly, they have enough ambitions!
And if he remembers correctly.
Huaxia Digital has been calling for a slogan of comprehensive transformation into IT services for more than ten years.
As a result, in the end, they were still helping many domestic and foreign cloud service providers sell products such as Microsoft Cloud, Ali Cloud, AWS, Penguin Cloud, etc., citing it as: a multi-cloud service management platform, providing customers with diversified choices.
It sounds high-end, elegant and upscale, but it is still essentially doing IT distribution, but it is just a little high-end distribution of goods.
It's simply a waste.
"Do you know the equity structure of Huaxia Digital?"
After hearing the boss's verbal relaxation, Yang Tingkun hurriedly said.
"I've found out clearly.
Conscientious Company currently holds 47.43% of the equity of Huaxia Digital.
Recently, they intend to sell 29.6% of the shares to three funds: Saifu Investment, Hony Investment and IDG.
GA Pan Atlantic Investment Group, another shareholder of Huaxia Digital, also intends to sell 13.34% of the equity to Huaxia Digital President Guo Wei and Saifu Investment Fund.
In this transaction, the bid of three funds including Saifu and Guo Wei was HK$3.5 per share, which was 2.78% discount to the price of HK$3.6 per share before the company was suspended, involving a total investment of HK$1.318 billion.
Since the major shareholder of Conscience Company is the Huaxia Academy of Sciences, this transaction needs to be reviewed by the State-owned Assets Supervision and Administration Commission. I have privately asked the relevant leaders and the president of Huaxia District of Pan Atlantic Investment Group. Both companies welcome Hongmeng to participate in the transaction. ”
Xu Liang nodded and said, "Hong Kong dollars won 42.94% of the equity, but the price is not high. Instead, it is a bit underestimated the true value of Huaxia Digital."
Yang Tingkun: "I don't know whether it's underestimated or not, but Huaxia Digital's revenue and net profit trends have slowed down in recent quarters."
Xu Liang has been in the financial circle for eight years and suddenly heard the implicit meaning. What does this mean?
Don’t think about it, I guess after the acquisition is completed, the suppressed revenue and profit growth will completely explode.
This is also a common operation of MBO state-owned enterprises. It is not stable. As soon as the MBO is completed, the stock price plummeted straight. If a professional manager is no longer a buyer, how can he repay the bank loan?
"I heard that Guo Wei, general manager of Huaxia Digital, raised hundreds of millions of acquisition funds this time, and three old friends IDG, Hony Investment and Saifu Investment were advance funds.
After the shares are obtained, the stock price will be raised so that you can repay the bridge loans of the three companies after mortgage.
Hehe, Mr. Xu, Mr. Xie, these guys make money easily, it’s completely a business without any money! ”
Xu Liang is too lazy to comment too much. His eating habits are already pretty nowadays because there are restrictions on the management rules of listed companies and stock prices.
In the early years, many MBO companies were unlisted companies, and asset appraisal was all about slap in their minds, and there were many things that were indescribable.
"Once we openly acquire Huaxia Digital, the management of Conscientious Company will most likely not agree, right?" Xu Liang said.
No mistakes, one song, one content, one in 6, one book, one bar, one reading!
"Not a high probability, it's definitely not!"
Yang Tingkun sneered, "You took action at this time, which is equivalent to destroying other people's good things. It is not an exaggeration to describe it as irreconcilable."
Xie Wen smiled and said, "Can you bypass them and talk directly to the top character?"
"Pan Atlantic Investment Group is a foreign capital, and it doesn't recognize people. There are not so many troubles. As long as you give a lot of money, it should not be a big problem.
The real difficulty is Conscientious Company. They hold more than 40 points of equity and are the largest shareholder. Moreover, Guo Wei is Liu Chuanzhi's apprentice, and both masters and apprentices wear pairs of pants.
If the management of both China Digital and Conscientious Company strongly oppose our acquisition, the Chinese Academy of Sciences will definitely have some concerns. "Yang Tingkun said.
Xie Wen asked again: "Is it possible to convince the Chinese Academy of Sciences to agree to the transaction through other directions, such as throwing out a smart city project?"
High technology is now supported in China.
Smart cities are very tall and powerful at first glance.
But it is not a fake and empty space. Pangu's cloud computing and big data system provide the foundation for the emergence of "smart cities".
Yang Tingkun said: "You can try it, but it may not be useful.
Although this is a major technology project that benefits the country and the people, one code is the same, and the "smart city" has not been truly verified by the market, right? ”
Xie Wen nodded and frowned slightly.
Xu Liang's thoughts were also radiating.
Compared with the "Smart Earth", "cloud computing" is now visible and tangible, and it is also the world's top technological concept.
Two types of companies have the most advantages in doing cloud computing.
One type is e-commerce platforms such as Amazon and Ali. The business forces technology to upgrade, and it is the most urgent enterprise to build cloud computing servers to carry hundreds of millions of order processing. At the same time, there are a large number of small and medium-sized enterprise resources on the platform.
Another representative of the company is Microsoft. It has the software ecosystem and the enterprise and government resources accumulated by Office office software, so it is relatively easier to expand business.
This is also an important reason why Microsoft Cloud comes from behind.
Hongmeng has no corporate resources, and Kunlun Industry has no ToB business.
Therefore, if you truly create competitive cloud computing services in China, you can only acquire enterprise-level software and system service providers.
China is still relatively backward in the software field, and few are truly competitive.
Huaxia Digital is not their only acquisition option. Kingdee, UFIDA and Inspur are all well-developed B-end software and system service providers.
However, Huaxia Digital first appeared in the right acquisition opportunity, and the price was relatively cheap. Splitting the remaining business can also make some money by using PE investment operations.
As for giving some eye drops to Liu Chuanzhi and several venture capital institutions, it is just by the way.
Of course, from the other party's perspective, you will definitely feel that you are deliberately targeting them and will do everything possible to obstruct Hongmeng's acquisition.
"Mr. Xu, do you think this can be done?
Will the resistance and cost of acquiring Huaxia Digital in the name of Hanhua? ”
Yang Tingkun said.
As a global financial giant, Hanhua is also a top private equity firm in China.
The relationships in all aspects are definitely much stronger than Hongmeng.
Before Xu Liang could speak, Xie Wen shook his head and said, "Hanhua is an investment bank. In the eyes of the Chinese Academy of Sciences, industrial capital is undoubtedly more attractive.
In Hanhua's hands, they are mostly worried that Hanhua will sell Huaxia Digital, resulting in the loss of a potential IT service company in China. ”
Xu Liang nodded gently, Xie Wen's words were not unreasonable.
As a world-class technology company, Hongmeng has undoubtedly greater face. It would not work to entrust other institutions to acquire it. It may also make the Chinese Academy of Sciences feel badly that it was fooled afterwards.
"I won't say it anymore, just quote the Chinese Academy of Sciences and Pan Atlantic Investment Group. We will participate in this acquisition with dignified participation. If we can succeed, we will ruin things even if we cannot. Don't have a good time."
Xu Liang made the final decision.
Yang Tingkun glanced at the big boss, who had a serious expression, not like a joke.
But thinking about it, we have a deep grudge against our conscience.
In the early years, Hongmeng and Duan Yongji competed for Sina and were both members of the Taishan Association. Of course, Liu Chuanzhi helped his old friend and came up with many ideas, and the two sides had a bad relationship.
Then Liu Yanhong joined the Taishan Club.
In order to help Bai Du deal with Bing, who is still in his childhood.
Liu Chuanzhi once again used his connections to suppress Hongmeng Development in a targeted manner.
The relationship between the two sides has completely deteriorated.
But what really makes the two sides die of old age is the competition between conscientious computers and Kunlun computers.
The already bad relationship is mixed with interests and instantly becomes an enemy.
This is also the reason why Hongmeng’s “Mobile Mobile Open Alliance” rejects conscience mobile phones.
By now, it is impossible for the two sides to reconcile.
One must fall before it can be completely over.
...
It was almost noon when Xu Liang walked out of Hongmeng headquarters.
I hurriedly took the bus to Sixi Tower.
There was already a distinguished guest waiting for him in the No. 1 courtyard of Tianzi.
Push the door and go in.
Wearing a black suit, a blue shirt, and black-framed glasses, the elegant old man subconsciously stood up when he heard the sound of opening the door.
"Old Li, I have heard of Daming for a long time, and I finally saw it today."
Xu Liang stretched out his right hand first.
Seeing his respectful and polite words, Li Guangnan felt relieved.
Hold the other person's reaching hand.
"Mr. Xu is so polite. Your reputation is really well-known."
"Haha, you're welcome. Let's sit down and talk?"
"Okay."
After the two sat down.
Xu Liang greeted him, and the waiter who had been waiting for a long time began to serve the dishes.
"Mr. Li is from Jiangsu and Zhejiang, so I asked them to prepare some Jiangsu and Zhejiang cuisine."
"Mr. Xu is intent."
The two of them sang and ate, and after dinner, they came to the rest area next to them, and then they really got into the theme.
"Mr. Li is a scholar I have always admired very much. The dispute between technology, industry and trade and trade in Conscientious Company at that time highlighted the preciousness of Mr. Li's character and long-term vision.
It’s a pity that some people are short-sighted, full of greed, and have no brains at all, wasting the good foundation you laid. ”
Li Guangnan waved his hand, "The past is gone, don't be called a liar, I'm satisfied."
"Real gold is not afraid of fire. I believe that as time goes by, everyone will always understand who is the real 'the greatest hero, for the country and the people'."
With a high hat on his head, Li Guangnan also understood that the other party had something to ask for, so he smiled.
"Mr. Xu is probably not just talking about this, right?"
"It's really not just that. I have made a lot of money when I have been out there over the years. All Chinese people say that I don't forget to dig wells when I get water, and I plan to make some contributions to my hometown.
Investing can only solve temporary difficulties, and education is to teach people how to fish.
So I plan to set up a private university in my hometown Yidu, and now the qualifications of this university have been applied for.
Teachers are recruiting.
But there is still a lack of a principal who is in charge, a visionary and knowledgeable management.
We have considered many people in total, and finally I would like to invite you to come out and serve as the president of "Qingzhou University". ”
Li Guangnan was a little surprised. He thought of all the reasons why Xu Liang invited him, but he didn't expect it was this?
"I have decided to spend 10 billion Chinese currency in three years to build the Qingzhou University. After the school has grown, I will invest 50 billion Chinese currency to establish the Qingzhou University Foundation.
All of this money, including the money earned from the capital market, is used as the school fund for "Qingzhou University". ”
Li Guangnan was shocked.
Shocked by the other party's big move.
The money invested in the past and after is 60 billion Chinese coins, close to 10 billion US dollars.
With the other party's global financial investment ability, if it is really controlled by him, the scale of this money will definitely continue to grow.
Moreover, even if you cannot make high returns, you can earn 3 billion Chinese coins every year only on a regular basis.
In contrast, Wudaokou College, which received the most funding from the country this year, has only 3.591 billion Chinese coins.
The second-largest University is only 2.408 billion.
The 985 universities generally have about 1 billion Chinese currency.
Xu Liang's move is really too generous.
(This chapter ends)