"Calculated based on the number of shares issued by AutoNavi, the stock price after listing, and relatively transparent financial reports, the current market value of AutoNavi has reached a historical peak after the listing value expansion, with a total of 400 million U.S. dollars, equivalent to the current Renminbi

The exchange rate with the U.S. dollar is 2.7 billion yuan."

Qin Xinkun spoke slowly and solemnly, and the answer he gave gave Lu Heng a headache.

Going public, also known as an IPO, will significantly inflate a company's valuation.

Most ordinary people can understand this economic principle. The reason is that more shares will be issued when going public, thereby increasing the company's total share capital.

In addition, as stocks begin to circulate in the market and can be traded, a premium will naturally occur.

In China, listing review is very strict, and companies with poor future development prospects have no chance to go public.

For companies that can be listed, investors are generally optimistic about their future, so their stock prices often rise sharply after listing.

This is why once a company is successfully listed, especially a Chinese company, its market value will increase dramatically.

Just like today's era, in the past ten years or so, the only domestic rich people that ordinary people knew were probably the few in Hong Kong.

But as mainland companies go public one after another, billionaires emerge one after another, and the richest man changes one after another.

The reason is that the companies in the hands of these people have successfully gone public and raised unimaginable funds.

The fact that AutoNavi can successfully go public and go public so early means that countless investors are optimistic about it.

This means that within just a few months of its listing, its valuation has increased several times.

Lu Heng pursed his lips. With a valuation of 2.7 billion, even if it were acquired at more than 50% or exceeding the shareholding of the largest shareholder, the funds required would be well over 1 billion.

.

This is not a price that I can bear now!

Qin Xinkun also had the same view and quickly suggested: "If you want to acquire the company, with Genesis' current strength, you can't do it. The price is too high. Even if you introduce Mr. Su Lun's funds, it will affect Genesis' development plan."

It has a destructive effect.”

Lu Heng couldn't help but nodded, "I understand this. If I had bitten the bullet before it was launched on the market, I could still get it, but now it's a bit useless."

Yes, tasteless!

The products of AutoNavi are indeed of high value, but profitability is another aspect.

Not to mention that Lu Heng currently does not have much liquidity. Even if he obtains large sums of funds through bank loans, Su Lun, or even other shareholders behind Ele.me, he will not choose to make a quick acquisition.

The reason is very simple. Spending such a large amount of money will complete the future layout, but it will not have immediate results.

On the contrary, it will bring more adverse effects due to the outflow of funds and the inability to recover funds quickly.

Lu Heng frowned and thought carefully about the key.

If he was asked to just give up on the layout of the digital map, he couldn't do it.

The role this thing can play in the future will be huge.

Although the current value of 2.7 billion is already very high, the price Alibaba paid to acquire the other party four years later was 1.4 billion U.S. dollars, which is equivalent to 9 billion yuan in personal currency!

No matter how much inflation or currency depreciation occurs, Lu Heng can still clearly distinguish the three to four times difference.

Sighing, Lu Heng shook his head. He finally realized how wealthy a giant company feels.

Tens to tens of billions will be spent immediately. Once the layout begins, it will be carried out in all directions.

But what I have to do now is a bit timid and petty.

Of course, Lu Heng is not a person who belittles himself. The reason why acquisition is not possible is because he is not strong enough at the moment, but it does not mean that his growth rate will be slower than others.

And there are many ways to accumulate wealth.

As long as you give yourself a certain amount of time, even without relying on Hengcheng Group, Ele.me and Didi Dache alone may be able to launch acquisitions of AutoNavi on their own.

After thinking about this section, Lu Heng perked up and quickly thought of a solution.

His method is very simple, and it is definitely not possible to do it directly. Regardless of whether he has sufficient financial resources, the management of AutoNavi may not agree. After all, the company has just gone public and the market is booming.

But what if, a little more tactfully, softly and with water?

"Old Qin, I have a task for you. Genesis Company has set aside a separate sum of money to purchase the scattered shares of AutoNavi in ​​the stock market. Purchase as many as possible."

"Director Lu, what do you mean?"

Lu Heng smiled slightly, "Direct acquisition is currently impossible, but we must also lay a foreshadowing for future acquisitions. Let's first buy a part of it in the market, whenever AutoNavi's stock goes down, and not sell it, but hold it for a long time.

. Over time, I will be able to accumulate a corresponding number of shares, although they are not original shares."

"According to the listing requirements, the publicly issued shares will account for at least 25% of the company's shares. Even if its total share capital exceeds 400 million, at least 10% will be left outside."

Opposite the video, Qin Xinkun nodded and said while thinking: "Then our goal is to buy as much as possible the ten percent scattered in the stock market. Right?"

"Yes! Although it is impossible to get them all, as long as half of the goal is achieved, it will be enough for this foreshadowing to be effective." Lu Heng clapped his hands, and his thoughts became smoother and smoother.

Rolling his eyes rapidly, Lu Heng continued: "With these shares, we can have certain foundations for negotiation with AutoNavi. Then, my two companies, Ele.me and Didi Taxi, will develop for a period of time.

We will also enter the other party's sight, and we will discuss further cooperation when the time comes. Whether it is investment or equity swap, we can further expand our shareholding in AutoNavi."

Qin Xinkun's eyes became brighter and brighter. The method Lu Heng gave sounded extremely complicated and would definitely take a long time.

But judging from the results, they reach the same goal through different paths.

"The time is right, and acquiring AutoNavi is a matter of course."

Lu Heng made the final decision and looked very excited.

The same is true for Qin Xinkun. This feeling of swallowing one bite at a time is less overbearing than a direct acquisition, but the pleasure of cannibalizing is still very satisfying.

The two reached an agreement and then began to discuss the details.

And these so-called details are no longer just about the acquisition of AutoNavi.

The scope it involves also includes a series of changes in Genesis Company.

Establish an independent department to extend its reach to the stock fund market, including Hong Kong stocks, U.S. stocks, and international funds, but excluding A-shares. After all, A-shares are in China, and the market is immature. Ordinary companies cannot play with it, and they may even be used by others.

It was calculated.

In addition, Qin Xinkun also told Lu Heng some of his thoughts after taking office at this time today.

He wanted to set up an offshore company of Genesis abroad. The purpose was of course not to go public, but to facilitate the expansion of investment scope to the world in the future.

In fact, Lu Heng was also vaguely aware of this in previous contacts.

But at that time, he was more noncommittal. Today, after Qin Xinkun said it, he thought about it for a while and agreed to Qin Xinkun's plan.

If a company that focuses on investment only focuses on China, then its landscape will be too small.

The two of them chatted until noon, and the conversation ended only when Lu Heng's door was knocked by the resident aunt.

After taking a sip of the cool tea, Lu Heng stood up and opened the study door. Aunt Wang was standing outside the door with her hands clenched together.

"Is anyone here?"

"We're here, Miss Shen is in the living room downstairs."

Lu Heng glanced outside, with a lazy smile on his lips.

"Okay, I won't go out to eat at noon. Aunt Wang, please make some special home-cooked dishes!"

After saying that, Lu Heng didn't even tidy up his clothes, and walked downstairs easily and casually wearing slippers.

As if he felt something, when he reached the middle of the stairs, a woman with a graceful figure and relatively professional clothes stood up and watched him walk forward.

"Sit down, this is my home, not a workplace, there is no need to be so formal."

Lu Heng waved his hand and sat down first. Seeing that the woman was still standing stiffly, he raised his eyes.

"If you are here to discuss business today, there is a private club in Longhu Shanyue. I can take you there."

As soon as she finished speaking, the woman sat down on the soft sofa.
Chapter completed!