Chapter 883 Secret Meeting with Lao Ma

Chapter 883 Secret Meeting with Lao Ma

The meeting with Lao Ma was at lunch time after the Wuzhen Internet Conference, and it was at the private dish that Lao Ma would visit every year.

Lao Ding, Xiao Ma, and even Wang Xin all organized dinners during the Internet conference. Only Lao Ma was unique and had never participated in any so-called dinners. The ones he organized were all participants from the Ali Group.

"It's rare. Mr. Tan actually asked me to meet alone."

Lao Ma is still so sarcastic, which is strange to say. Ali, Pig Factory and Orange in Zhejiang Province, has no close contact with the other two companies.

Tan Jincheng is fine. He is in a corner of Ningbo City, and the pig factory is a neighbor in Binjiang District. Lao Ma and Lao Ding have almost no open communication.

"Hey, isn't you asking for Uncle Ma for something?"

"No, who dares to be your uncle now? But Mr. Tan actually asks me for something, it's rare; let's have a meal and chat."

This call of Uncle Ma may not be very sincere, but Old Ma is quite useful. Among the entrepreneurial sequence, there are really few people who dare to call Uncle Tan Jincheng in front of him, except for his age.

Lao Ma, who has always been high-profile at this year's Internet Conference, has become much more low-key. Apart from still talking about the future, he has no outspoken speeches, and he also rarely wears formal clothes to speak.

This is very incompatible with his unruly image in the past.

2016 was the most "unlucky" year for Li Yanhong, but Ali was also not at peace. The concept of new retail was not accepted by many people. The sales of more than 120 billion yuan on Double Eleven did not cover up the embarrassing situation of his core business moat becoming increasingly thinner.

Dongzi's self-built logistics has been shown for so many years. Pinxixi, who is Huang Zheng and Sun Tongyu's combination, poses greater threat to him, resulting in Ali having to sign cooperation with many places to assist farmers.

In addition, there are also social events such as the "Mooncake Gate Incident" and the outbreak of social events in the workplace for women, which greatly affected Ali's corporate reputation.

The "low-key" Lao Ma may have realized something.

Tan Jincheng was too lazy to talk nonsense to him, and after drinking for thirty years, he expressed his intention.

"Do you want to acquire Meizu?"

Lao Ma was obviously stunned for a moment, but then he suddenly said, "Yes, in the entire ecological chain system of your Weilai, only mobile phones are relatively weak, but how could you like Meizu?"

Tan Jincheng has never publicly promoted what ecological chain system he wants to build in public like Rebs and Accountant Jia.

But anyone can see Wei Lai’s ambitions in travel business.

"The main thing is that I am attracted by Meizu's technical accumulation. They have achieved good results in systems and acoustics. This aspect is conducive to the optimization of our car computers. In addition, some technologies in automobiles can also be tested first on mobile phones."

"I have a lot of ideas, but you have to know that Huang Zhang is very difficult to deal with. The shares we hold are useless if you give them to you."

Speaking of Huang Zhang, Lao Ma was full of resentment.

Last year, they spent 590 million US dollars to invest in Meizu, and exchanged for 28% of the equity, asking for money and resources. As a result, Huang Zhang directly played with him this year, and almost all the money was lost.

In order to increase sales, Meizu adopted the sea of ​​machines tactic this year and released 14 new models within one year, each new model will hold a press conference.

The new phone launch event once a month is nicknamed by netizens as being able to watch a concert once a month.

A batch of crumbs were obtained.

The sea tactics of the machine have indeed brought great changes to Meizu's overall sales. The sales of 20 million units of Meizu and Meizu are several times higher than the sales of mobile phones in the previous year.

However, while this kind of mobile phone strategy brings sales growth, it also has many disadvantages. The 1,000-yuan phone is not much different from the flagship phone, and the mobile phone is not recognizable, which makes users increasingly disappointed with Meizu.

The annual sales of 20 million are much closer, but sharing 14 new and old models is not enough to cover profits, and it lost 340 million in the first half of the year alone.

"MD, this old guy is using my money to do something, he is really committed to death. He doesn't listen to it. He should be the founder of the most unkind worldly style I have ever had."

Lao Ma complained and complained heavily to Tan Jincheng.

Tan Jincheng was also stunned: "Hehe, then to say that, Mr. Ma, the shares in your hands are not worth US$590 million now."

Regarding Tan Jincheng's gloating, Lao Ma rolled his eyes and said, "Don't think you can get a bargain. It's okay to give it to you if you want, but it's useless. It has no effect except for continuing to ruin the old boy."

"Unless you can take control of Meizu and drive this guy out, but think about how difficult that is, I suggest you try it and don't spend too much effort on him."

Meizu's decline has undoubtedly been revealed. From making a fortune in MP3 to the most influential domestic mobile phone brand in the smart phone era to now, Meizu can be said to be missing out on the market opportunity step by step.

Meizu's users are actually quite loyal, and they also give Huang Zhang the chance again and again, but unfortunately they are all squandered by him.

"It's right, but I want to add to our car-machine interconnection system. There are not many brands that can be acquired at present. In terms of technology, Meizu is indeed the most suitable."

Lao Ma smiled and said, "You can try Coolpad or LeTV."

"You are the one who dares to mess with them now? Besides, I asked the company to check and cut off all business dealings with them before. At this time, wouldn't it be a slap in the face when I go to the acquisition?"

Before going abroad, Tan Jincheng ordered the verification of LeTV-related business, causing LeTV stock to fall for a week. Although neither party responded publicly, everyone knew that this was what Tan Jincheng asked.

Without his request, it was not Zhao Xinyi's turn to preside over the meeting, and Tan Jincheng didn't mind admitting in a private occasion that it was his instructions.

"Hehe, when doing business, who cares about slapping the slap in the face?"

"Forget it, I really don't dare to mess with him. Don't mention this joke."

It is not an exaggeration to describe Accountant Jia as a gambler today. It is not that you know what kind of person he is, just do all kinds of responses and do business with him. Sun Hongbing was so pitted by him that he burst into tears.

This is not the most bizarre thing. Lao Jia used a company they acquired before as collateral to find a private equity institution to borrow money. As a result, after the money was received, he refused to admit it because the company's equity had long been mortgaged.

The boss of the private equity institution was also stunned and had no way to ask for it, because the money had been taken away by Lao Jia long ago. This guy was embarrassed to say that if he wanted to get that part of the equity, he would need to provide another part of the loan.

Listen, is this human word?

According to the information Tan Jincheng learned, this private equity institution also caused problems in various subsequent capital chains due to this loan, until it was in trouble.

Isn’t it seeking death to do business with such people who are completely unreputable and unruly?

Even though his company does have many high-quality assets, Tan Jincheng dares not touch it.

"Just kidding, if you want to acquire Meizu, we can cooperate here. After all, this is also good for us. However, you can prepare more and see other companies. There are indeed not many good acquisition targets now, but there are not many."

After all, he invested $590 million. If Tan Jincheng can successfully acquire it, it will be quite beneficial to their investment. At least there is no need to worry about being wasted.

"You bought it not to sell mobile phones. If you do technical supplements, you can just acquire an excellent mobile phone team. You now have your own mobile phone brand, and you may not necessarily want the Meizu brand."

"To be honest, if Huang Zhang doesn't change it next year, or if it changes it wrong, then this brand will have no value."

"You can actually consider HTC, Sony and LG Electronics, etc., and you can also consider investing in niche mobile phone brands like OnePlus."

After all, the meaning given by Lao Ma is quite pertinent.

"It is indeed a supplement to making car machines. We have also investigated the companies you mentioned, but the acquisition is not difficult. We don't want to waste too much time on the acquisition."

Smart cars in the new era require certain supplements to the mobile phone business. Tesla is currently planning to acquire BlackBerry mobile phones, which is also to supplement core business and strengthen the moat of the patent pool.

The same is true for Wei Lai. The companies given by Lao Ma are indeed not inferior to Meizu in terms of technical accumulation.

Although HTC has almost lost its mobile phone market share, they have made quite high achievements in the VR field. Its Vive team has world-leading technology and has more than 2,000 patents including spatial positioning and interactive systems.

At the same time, they have experience in mobile phone OEM, and their hardware capabilities are not weak.

Sony has considerable advantages in image sensors and industrial design, while LG Electronics has considerable advantages in acoustic technology, display technology and battery technology.

Tan Jincheng also has an XperiaX series mobile phone, which he personally likes very much.

Especially in terms of OLED patents, LG's patents owned by second only to Samsung, ranking second in the world.

These are all very excellent companies. Although their mobile phone business is almost unable to survive, it does not mean that they have no value.

"Sony and LG have a bit of trouble in cross-border acquisitions, but you can try HTC. What I heard is that Google is currently interested in acquiring their mobile phone team. If you can grab it, it will be a good deal."

"Ah? Google wants to acquire their mobile phone team?"

"Yes, I heard last time I went abroad. If you want to acquire it, I can help you contact us."

Lao Ma often runs around the world and meets the bigwigs from various countries. In terms of information sources, Tan Jincheng must be unable to compare. If he is willing to help contact the center, it would be better.

"Really? Uncle Ma, are you willing to help this?" Lao Ma was speechless: "You boy don't look like a mature entrepreneur. If you have good things, you will be Uncle Ma, and if you have no good things, you will be Mr. Ma. Why don't you call me Teacher Ma?"

"Hehe, I can't listen to the truth in private. I have a little bit of a shadow on the teacher, so I won't call him a teacher."

If Lao Ma is willing to help, he can make preparations. In addition to the technology that Tan Jincheng is interested in, the most enviable thing is that they still have more than 30 million active users, which is a very valuable asset.

Before Lao Huang completely defeated his favorability, he won the Meizu, and these 30 million users were the ones who came to Wei.

In his previous life, many new technologies of Geely's car computer system were tested on the basis of Meizu. It doesn't matter whether the mobile phone can be sold or not. In fact, Tan Jincheng did not intend to sell mobile phones even if he acquired Meizu's business.

"I can contact you here. If you say you are yourself, continue to follow Meizu and see which progress is faster before making a decision; but if you help you, you have to help me."

"Or you can also see if OnePlus can invest in shares. You are not having a relationship with the old man."

Speaking of this, Lao Ma was a little confused. He couldn't see Pin Xixi's threat. Whether it was Sun Tongyu's franchise, Tan Jincheng's investment, and Orange Technology's transfer of agricultural assistance business to Pin Xixi, it put a lot of pressure on Ali.

Behind all this, the funny and funny guy in front of you is inseparable from the stinky brat.

The implementation of the Orange Technology restructuring plan has transformed from a vertical e-commerce Internet company to an artificial intelligence type. The subsequent development trajectory can basically be separated from the scope of direct competition with Ali, and has gone to compete with Baidu. Tan Jincheng, who does not talk clichés, should also give Li Yanhong a headache.

But, he even voted for Pinxixi before retreating, which was really speechless.

The newest ⊥Xiao⊥Speak⊥Send⊥Six⊥9⊥Book⊥⊥⊥⊥Back⊥⊥⊥⊥!

However, although Lao Ma was unhappy, this kind of investment was a normal business behavior after all, and he had nothing to say. Besides, Tan Jincheng's power has become established now, so there is no need to get into evil with this "child" he used to look down on.

"Haha, OnePlus, forget it, it's meaningless to invest in shares. You see, you're also investing in Meizu, and the proportion is not low."

It is definitely not a loss to invest in OnePlus. Although this niche model is not well-known in China, it has a very good reputation. In addition, their performance in overseas markets is also very advantageous.

The simple system and smooth operation make it a good reputation among fans. However, although OnePlus operates independently, it escapes the shadow of OPPO from anywhere. If it cannot get control, it only invests for financial investment, which is of little significance.

It's equivalent to making money from Boss Duan's pocket.

"It's up to you. What I said is to help you, can you also participate in the secondary listing of Orange Technology?"

Orange Technology's acquisition plan is being promoted. According to the announcement, there are two operating methods after the acquisition of the three companies.

Ding Ding and Tianmei Studio were directly merged into the reorganized Orange Group and established Ding Ding Business Department and Tianmei Business Department. The original Ding Ding and Tianmei team continued to manage these two major departments, and the administrative level of the department head was the vice president level.

The heads of the two major departments reported to CEO Lu Qi, and Gaode Map still maintains independent operation at the level of its subsidiary due to its particularity.

CEO Cheng Wu is at the same level as vice president, but his reporting targets are Tan Jincheng, chairman of the Orange Board of Directors, and Lu Qi, CEO.

In modern business, no company can maintain complete independence and not affect its business. This is especially true in the Internet industry. As a basic map service provider engaged in Internet maps and local services, it is impossible for Gaode Map to be absolutely independent.

Tan Jincheng also considered it from many parties to replace Gaode's controlling shareholder from Jiuliu Engine to Orange.

Data security is important, and the development of enterprises is also very important. The cooperation of Gaode + Orange can form an effective complementarity in Internet e-commerce and local services, and Tan Jincheng himself can also be liberated.

No matter what Gaode develops in the future, with the support of the entire listed company, he can deal with it more calmly.

In order to maintain independent operation, Gaode Map, in addition to financial consolidation, everything else is as usual, and the status of Chengwu and the management team will not change. On the contrary, during this private placement process, they can also obtain a certain share ratio to bring value to their wealth.

"This is fine. We welcome all capital to participate in our IPO process."

That's it? I thought I would make any other requests.

Orange Technology's secondary listing plan on the Hong Kong Stock Exchange is steadily advancing. The sponsor has been selected. CICC and Credit Suisse, one state-owned and one world-class investment, are escorting IPOs.

Tan Jincheng agreed too readily, but Lao Ma was a little uncomfortable.

"Don't you make any requests? The proportion of shares we want is relatively higher?"

"Ha, we are publicly issuing shares. Uncle Ma, I'm happier if you can subscribe to more. How could you have any objections? Besides, if I don't agree, can't you buy it from the secondary market?"

"You know that's not what I mean."

"It's about cooperation in Gaode Map? No problem, we can mention the highest strategic level, I can make the decision."

Apart from Gaode Map, Tan Jincheng couldn't think of anything that Lao Ma could like to see on Orange.

"And Ding Ding, your office software is pretty good. We originally wanted to do one, but later we found that the market was occupied by you, so it would be too late to do it."

"No problem. If you have a chat with Mr. Lu, I won't set any obstacles here."

When it comes to specific business cooperation, Tan Jincheng has always been open and will not set any obstacles in cooperation.

There is no need to set obstacles for others to hinder yourself.

"Hey, what I'm most reluctant about is that you acquired Gaode first. This is a pain point for our group. If you are willing to sell it to me now, it will be fine even if it costs 6 billion US dollars."

"Haha, you know, I'm not short of money."

Tan Jincheng, the 6 billion US dollar, regarded it as Lao Ma's joke, but if he is really willing to let go, then Lao Ma might be willing to make it. Gaode's strategic position to Ah Li is definitely very important.

Now that he can talk to Tan Jincheng so calmly, there is no obstacle for Tan Jincheng to ask him, the big reason is based on the confidence established by Gaode.

"That's right, you guys are so much money that we all envious."

Before September, the verification of fraudulent subsidy entered a critical period, and the entire car circle was in panic, the entire automobile sector in the A-share market was sluggish, and the same was true for Weilai's stock price.

In sharp contrast, Wei Lai announced a series of large-scale infrastructure plans including power batteries and complete vehicles, which are quite huge.

Although the car sells well, Weilai is still a medium-sized car company with annual sales of less than 1 million vehicles. The market has many doubts about Weilai's aggressiveness. After all, BYD's previous experience is not far away.

The high investment debt ratio has risen, the stock price is sluggish, the capital market is questioned and the competitors are fueled by the fire. There have been many doubts about the Weilai capital chain for some time.

Under this pressure, Weilai's controlling shareholder Juliang Engine announced his holdings for the first time.

It was fine if it was not announced, but it scared everyone after the announcement. Since several years, Wei Lai has been buying many technology stocks in the secondary market, including Tengxun, Shenzhou, BYD, Apple, Tesla and Nvidia.

There are also many holdings in the A-share market, such as liquor, banks and stocks related to automobiles and mobile phones, all of which have very high returns.

Among them, Nvidia is the most exaggerated, with an average holding cost of more than 10 US dollars. Currently, Nvidia's stock price has reached 100 US dollars, and the yield on holding Apple is also quite exaggerated.

From the perspective of God, Julian Engine's investment in the secondary market is almost always at the lowest level. At that time, no one looked down on Nvidia, but now it cannot reach the top.

A list of holdings, plus Tan Jincheng's strong reply on Weibo, eliminated a public opinion crisis by just three words: "No shortage of money".

Weilai is indeed not short of money. The controlling shareholder has such strength. Who would worry about its funding? Besides, Nvidia's first batch of share reduction has been completed. It doesn't take three months to make the second share reduction.

As for Apple, Tengxun’s holdings can be sold at any time.

"Okay, I've eaten and drunk. I've talked about what I should talk about. I know you are impatient, so I'll try to contact HTC's team as soon as possible and try to get it before Google intervenes."

"It's not me that you may not have many opportunities for Meizu. Huang Zhang is born with too many precautions against capital. I think you have found them a long time ago, right?"

"That's right? Speaking of which, I came to them earlier than Mr. Lei, but we made a lot of money, at least our batteries are supplied by us."

"You guy stabbed me again. You should have my share of the money you earn."

That's right, 14 new phones, how much is it to waste.

"Haha, I can't blame me for this. I also confiscated his more expensive price. The supply price is the same as Xiaomi and OV. It's just their own fault."

In the context of the era when the entire mobile phone market is developing towards full screen, Meizu seems to have not realized this problem. This is proof that they cannot keep up with the times, but Tan Jincheng is too lazy to talk to Lao Ma more about this.

He also heard from Lao Ding's dinner two days ago. At that time, he specifically inquired about some of the situation in Meizu.

"Okay, then we'll be like this today, which has delayed your time, Mr. Ma. Please worry about my business."

"I understand, I'm leaving, are you going back to Ningbo City or?"

"No, go to Hangzhou."

"???! Then you ask me to have a meal here?"

(This chapter ends)