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Chapter 1172 Accidentally became the fifth largest shareholder(1/2)

As expected, 30 minutes later, as the cheongsam beauty arranged by Toutiao collected all the quotations from investors.

When the results were announced, the valuation of US$30.81 billion submitted by Haifei Capital directly ranked first in this round of financing.

Next was Haina Asia's quotation of 30 billion US dollars, with beautiful and powerful handwriting. This was written by Wang Qiong just now. She was also unambiguous and gave a high price when she came up.

But it was precisely because she saw the quote written by Han Zhengyu and the others just now that she felt awkward, and she was 810 million US dollars higher than her. This quote is really standard.

The quotes from third place are much lower than theirs. For example, if you are 100 million, you will be ranked all the way, and there is no need to look at what will happen later. You will be destined to be eliminated.

However, Shang Fuhai still glanced at the quotation results, and most of them were concentrated in the 100 million range. From this point of view, investors present generally recognized that Toutiao's valuation has doubled this year.

After Zhang Yiming's efficient operation, he immediately selected the 10 investors with the highest quotation. Then he used the same method as monk Fuhai at the time, allowing these 10 investors to secretly invest in another round of bidding, and he finally selected 4 investors.

Then, according to this final offer, pay Cheetah Mobile's shares approximately US$50 million.

"Brother Shang, Yiming has learned all your skills!" Wang Qiong teased him.

Shang Fuhai directly angrily rebuked: "Old Zhang is too unprotective. Sister Wang, I look down on him. I knew to make some adjustments in the first round just now, but I copied it in this round. His IQ is only at this level."

"??" Wang Qiong's eyes widened, as if he would continue to say something, and I would listen.

Zhang Yiming came to Shang Fuhai at some point, and he said in a faint tone: "Old Shang, I have seen through your character, it's so bad!"

"Oh, you are so noble. Lao Zhang, don't copy it if you have the ability!" Shang Fuhai directly counterattacked.

Zhang Yiming said this and he turned his head and left, and went to chat with several other investors.

Looking at his back, Shang Fuhai curled his lips: "Sister Wang, have you seen it? Lao Zhang is not good at this. It's too untrue. He obviously wants to scold me to death in his heart, but he doesn't say a word. Tsk, he's too cunning."

Wang Qiong was speechless. He just re-used the comment I gave you and put it on one of them. His IQ is very online.

...

After a fierce competition, the remaining 10 investors were left after only Shang Fuhai's Haifei Capital, Haina Asia led by Wang Qiong, Chen Xinhai of Pan Atlantic Capital, and Chen Hong of H Capital.

Sifang finally agreed with Toutiao's latest valuation of 31.5 billion US dollars.

"I will not describe the next development of Toutiao. The company currently wants to survive smoothly, and it still needs 2 billion US dollars..."

Zhang Yiming said calmly.

Shang Fuhai has calculated it for him, and the 2 billion US dollars accounted for 6.4% of the shares according to the latest valuation.

Shang Fuhai had already asked Chen Jingshu and Han Zhengyu to prepare 500 million US dollars in advance. He originally wanted to win half of the share in this round, but now it is obviously unlikely.

Chen Xinhai of the Pan Atlantic Ocean is an old friend of Shang Fuhai. He has also participated in the C round of financing of Paike Short Video and holds 1% of Paike Short Video's shares. It doesn't seem to be much, but this 1% of the shares are also worth US$180 million.

Let me add that I have been using the book-chasing app recently, which is cached to read books, and read offline!

Wang Qiong knew her bottom line, so she came up and said, "I don't want too much. Just ensure that the Toutiao shares held by Haina Asia remain unchanged. I will make up as much as I lack, and I don't want to do more."

After hearing what she said, Chen Xinhai and Chen Hong nodded in agreement immediately.

I just don’t know how much Shang Fuhai wants?

According to Chen Xinhai's opinion, they wanted to win all the shares in this round this time, but it was obvious that this idea was unlikely.

There was no choice but Chen Xinhai could only settle for the second best: "Dong Shang, I don't know how much you want to divide?"

Shang Fuhai glanced at Zhang Yiming and said, "Mr. Chen, I had agreed with Mr. Zhang that I would get half of this round of financing and I prepared all the money. It's a pity. After all, I didn't expect that this round of financing would double the estimated amount. I won't say anything else. I have prepared a total of 500 million US dollars. If I have more, I have no money. I will give me these."

For 500 million, Shang Fuhai just took away a quarter of the shares. Based on this round of financing valuation, Shang Fuhai took away 1.6% of the shares.

"Ms. Chen, where are you?" Chen Xinhai looked very generous when he looked at Chen Hong, who was also a member of the Chen family, and asked her to part first.

Unfortunately, Chen Hong's funds are not as abundant as others. She said: "I'm poorer, so I'll take a little less. I'll take 1% of them, so I'll make up for it."

According to her, this is 315 million yuan. Chen Xinhai's mouth twitched. Toutiao raised a total of 2 billion yuan, which has already left Shang Fuhai and Chen Hong with nearly half of it, leaving Wang Qiong who is not easy to deal with.

In the last round, Wang Qiong actually invested another 580 million yuan and distributed 1.8% of the shares.

At this time, Chen Xinhai was really crying.

In the end, he left him a 2% share, worth more than 600 million US dollars.

After this round of financing, Haina Asia resolutely maintained % of its shares unchanged, while Zhang Yiming and his entrepreneurial team only had % of their shares left.

The shareholding ratio held by the new capitalist CCIN International in the last round dropped to 3.179%, while Alibaba Capital and Hillhouse Capital, which were also among the previous round of Toutiao, further dropped to 1.12%, with a small decline.

After this round, Yuri of DST and Cao Yi of Source Code Capital dropped to 9.63% and 3.33% respectively. Sequoia China did not follow up this round, and their shareholding ratio dropped to %.

Because Cheetah Mobile, which paid the consideration, only held 0.16% of Toutiao's shares.

The remaining shareholding ratio of Haifei Capital further increased due to this round of follow-up, and Haifei Capital finally held 7.79% of Toutiao's shares.

According to this shareholding ratio, Haina Asia, which was originally ranked second, suddenly jumped to the rank of the largest shareholder, and Zhang Yiming and his entrepreneurial team became the second largest shareholder of the company.

At a sudden glance, this was very unfavorable to the company's management and development, but in fact, Zhang Yiming got most of the voting rights, and the others just paid dividends with their shares and wanted to do something else, but they really couldn't do it.

And outsiders know that Zhang Yiming and Wang Qiong have a very good personal relationship, and no one believes that Wang Qiong will seize power with Zhang Yiming.

But what surprised most people was that after these three rounds of financing, Shang Fuhai's Haifei Capital became the fifth largest shareholder of Toutiao, which many people, including Zhang Yiming, had never expected it.

At noon that day, Zhang Yiming held a banquet in a five-star hotel near their company to entertain all the capital parties who attended today, and also sincerely thanked them.

On the evening of the 16th, after Zhang Yiming sent away other capital parties, he personally found a quiet and specialty private restaurant to entertain Monk Wang Qiong Fuhai.

As for Han Zhengyu who followed Shang Fuhai, after finishing his work, he told Shang Fuhai that he went to find his wife.

Chen Jingshu was a rare trip back to the capital, and asked Shang Fuhai for a leave and went to find her former friend.

Shang Fuhai kept looking at him with a smile. After Zhang Yiming finished ordering the dishes, he said, "Old Zhang, aren't you going to say something to me?"

"That's a big deal. If you think I've plotted against you and feel that investing in my Toutiao has caused you to suffer a loss, I agree. According to today's valuation, I will redeem all the shares in your hands. Will you do it?" Zhang Yiming was indescribable in confidence and domineering in his words.

Shang Fuhai had a little sarcastic expression on his face: "It's so awesome. I want to know what kind of iron pot can sell for billions of dollars!"

Wang Qiong raised his hand and placed it flat on the table: "Yiming, Brother Shang, we are all rolling in this mud pit to beg for food. Can you stop saying such naive words?"

After saying that, she looked at Shang Fuhai: "Brother Shang, the mall is like a battlefield, changing rapidly. You must have heard of this sentence. You said Yiming lied to you, why did he lie to you? Tell me. If you say that you are Chou Yin and Mao, I will pull him to apologize to you."

How could Shang Fuhai do this? He smiled: "Sister Wang, this is not the case. I just feel uncomfortable. If he had told me that he had prepared 2 billion US dollars in this round, I would just ask someone to prepare the money in advance..."

Before Shang Fuhai could finish his words, Wang Qiong suddenly came back to his senses. She squinted her eyes and looked at Shang Fuhai: "Brother Shang, what does this mean is that you can still take out 500 million US dollars?"

Shang Fuhai was stunned when he asked this question. The next moment, before Shang Fuhai could say something, Wang Qiong then said: "Since Brother Shang is so rich, then you will pay back the 3 billion yuan you owe me in advance. The remaining 500 million US dollars you will be enough."

"..." Shang Fuhai was speechless and said that he was given the general by Wang Qiong.

After a while, Shang Fuhai scratched his head with a smile: "Sister Wang, how could I have money? Really, I originally planned to go to the bank to take out a loan, and even the loan information was ready. Unfortunately, Lao Zhang didn't give me this opportunity."

"Is that true?" Wang Qiong was deeply suspicious, and it would be fine if he didn't say anything.

Zhang Yiming also had such an expression. As for Shang, he would not mention the one he had just now, so as not to chase him and ask for the account.

Today is so happy, everything is not going well!

After the dishes were served, Wang Qiong had already asked Shang Fuhai to drink two glasses of red wine, which made Zhang Yiming have no chance to show off.

Shang Fuhai understood why Wang Qiong was like this. He said, "Sister Wang, let's talk about it well, just drink it, I'm a little dizzy now."

"Brother Shang, this is not right. When you were drinking with you before, you also drank a lot. Why do you look down on your sister? "Why did you look down on me?" Wang Qiong came up and put a big hat on Shang Fuhai.

Shang Fuhai was so miserable: "Sister Wang, let's not mess with these things. Don't you just want some shares in the overseas version of the camera short video? This way, don't make things difficult for Lao Zhang. I can promise to give you some evenly, but you have to tell me what price you can give me."

One thing goes one thing, Shang Fuhai will not be confused at critical moments.

Zhang Yiming looked at this dramatic scene and didn't know what to say, but the shares in his hands would not be released for the time being, and it was not the time.

I just didn’t expect that Sister Qiong never gave up on her thoughts about Yipai Network Shares.

However, until after the meal, Wang Qiong did not give a price.

It is very simple to just say nonsense, but in that way, it would be too disrespectful to Shang Fuhai and would not conform to her Wang Qiong's principles of being a human being.

It was Zhang Yiming who said at the end: "Sister Qiong, otherwise you can see this. After we complete the phased asset merger and acquisition, you will find a reasonable third party to give a price that both parties can accept."

"Yes, I have no problem." Shang Fuhai didn't say anything against him.

Wang Qiong also nodded: "That's it!"

...

After finishing the matter on Toutiao, Shang Fuhai rushed back to Bocheng without stopping the next morning before dawn.

His wife's Baoshun Logistics and Warehousing Co., Ltd. will start financing tomorrow. Shang Fuhai thought that even if he couldn't help, he would be able to go over and over.

But Shang Fuhai forgot about the two of them.

Fang Jianhui of Noah Fund and Zhang Ye of Qingshan Venture Capital have always wanted to communicate with Shang Fuhai to see if it is possible to buy some shares of Qutoutiao from him.

Qutoutiao is currently developing well, and eBay Network Technology has also promoted it well. Qutoutiao has ranked 4th in the information free application rankings, which is likely to be close to the top three at any time.

In addition, Qutoutiao also ranked third in the OPPO app store, and ranked fourth in the vivo app store. As a new product that just emerged last year, its performance is impeccable.

What is particularly commendable is that Qutoutiao does not simply rank high on a certain list, but blossoms in full swing, which means that the market has a high recognition of it and a high market conversion rate, which means that it still has infinite potential.

Fang Jianhui and Zhang Ye met someone who had good negotiations at Toutiao Financing Conference yesterday, but they did not find Shang Fuhai.

"Mr. Fang, yesterday afternoon, I saw that Mr. Shang was left alone by Mr. Zhang. They should have something to talk about." Zhang Ye said his guess.

Fang Jianhuisi thought about it and said, "It should be that Dong Shang is an old shareholder of Toutiao, but it should be over the talk today. I'll call Dong Shang to ask."

Others are more straightforward and beat them as soon as they say they want.
To be continued...
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