kvmb Chapter 101 Family Banquet
Chapter 101 Family Banquet
The Company and all its members guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Penguin Technology Group Corporation (hereinafter referred to as Penguin)...
Counterparty: Huaxin Investment Co., Ltd.
Transaction method: Huaxin Investment will subscribe for newly issued shares and acquire a portion of the equity of the company through a combination of cash investment, strategic resource injection, and high-quality IP licensing and operation rights, thereby acquiring a total of 20% of the company's shares.
Transaction consideration composition:
Cash investment: US$23 billion!
Strategic support: Providing the company with long-term, full-platform traffic support and preferential treatment in ecosystem resources.
High-quality IP injection: The exclusive operating rights of the casual game "Angry Birds" in China will be injected into the company's system, and the company's game platform will exclusively distribute, operate, and commercialize it...
The announcement was long and didn't hide any information, but many people still couldn't help but complain after reading the transaction...
"What the heck is this Huaxin Investment? Tencent's current market value has exceeded HK$2300 billion, and a 20% stake corresponds to a value of nearly HK$460 billion."
Huaxin Investment acquired core equity worth 460 billion yuan for only US$23 billion (approximately HK$178 billion), traffic, and the operation rights of an unknown game?
"By mistakenly trespassing into the imperial palace, isn't this blatantly a low-price acquisition that dilutes our rights?"
"It's alright, no major issues... In the long run, it might actually be a good thing."
"These announcements are just a formality; the market will still fall if it's going to fall, and rise if it's going to rise, it all depends on the new investors..."
The financial commentary section also offered some brief responses.
MIH: "This round of financing will involve an additional 3% share reduction, but we remain optimistic about the long-term prospects..."
In this investment by Transsion Holdings, Penguin Ma used every means at his disposal to finally persuade MIH to give up an additional 3% of its shares.
Although still the largest shareholder, with 25.07% of the shares, the threat has been greatly reduced...
…………
While the entire internet was speculating about the future stock price of Tencent, the company itself had already gone home for a family dinner.
Shen Guohua and Zhang Shiqing were already drinking there.
Zhang Ruyue and her mother also ventured into the kitchen for the first time, while Zhang Mingzhu ended up "making things worse"...
Upon seeing Shen Fei return, she immediately put down the vegetables in her hand, jumped up, and Shen Fei caught her steadily.
"Old Zhang, you see, they really have a good relationship... Mingzhu will graduate next year, why don't you settle down?"
"Hmm... okay!"
Zhang Shiqing, unusually, didn't try to break up the couple, but his quick agreement made Shen Guohua feel that something was amiss...
No, that's 100% wrong. Who's possessing his friend? Get out of here!
……
Soon, a delicious home-cooked meal was served on the table.
After eating for a while, Zhang Shiqing took the initiative to speak and said, "I heard that you've done something big again."
There was still a hint of surprise in his voice, and Shen Guoming beside him was equally curious...
After all, $23 billion is no small sum.
"It's nothing serious." Shen Fei put a dish on Zhang Mingzhu's plate. "It's just that I switched seats with someone."
"Where have they moved to?" Although Zhang Shiqing already knew the inside story and guessed some of the plans, he still wanted to hear Shen Fei's true thoughts.
Shen Fei didn't look up, and continued to add some food to Zhang Mingzhu's plate: "We'll skip the social scene for now; it's more cost-effective for us to become shareholders directly."
"Aren't you resentful?" This was the question Shen Guohua asked. His son had mostly had a smooth run since taking over, but now…
"I never intended to get involved in the internet industry in China. Although it's a quick way to make money, it's nowhere near as profitable as hardware. Good hardware is more lucrative and more likely to gain favor from higher-ups, especially in the technology sector."
Right, Dad?
However, when Shen Fei said this, he looked at Zhang Shiqing...
These words instantly made the old man a little alert. Wait, that couldn't be him. And now, it seemed his little darling was truly gone.
"If we just focus on making good mobile phones, we can easily control these hardware manufacturers in 5 years."
After all, by then, mobile phone manufacturers will become the largest traffic distribution channel. At that time, it won't be us begging Tencent to pre-install it, but Tencent begging us to renew the contract...
"As long as you know it, that's fine," Zhang Shiqing said.
About an hour later, dinner was almost over, and Zhang Ruyue had already started arranging where she would sleep that night. It was already 10 o'clock, and there was no need to go home. Anyway, there was enough room here.
"Sister Zhang, you can sleep in the guest room. Xiao Fei, you can make room for yourself and sleep in the study..."
"I'll sleep with Shen Fei," Zhang Mingzhu suddenly said, her voice not loud, but it immediately silenced the entire living room.
Zhang Ruyue opened her mouth, looked up, and then quickly closed it again.
Shen Guoming glanced at his son, then at his future daughter-in-law, his expression subtly shifting. He lowered his head, saying nothing, but a slight smile played on his lips.
Zhang Shiqing's smile froze, then her brows furrowed slightly. Zhang's mother was first surprised, then smiled faintly, her gaze shifting back and forth between her daughter and Shen Fei.
Zhang Mingzhu met her father's gaze without flinching or blushing, and simply leaned against Shen Fei.
"When did this happen?" Zhang Shiqing's voice came from behind.
Just as Zhang Mingzhu was about to speak, Shen Fei gently pulled her back: "Dad, about the last time... the Huawei Mate series launch event."
Shen Fei didn't offer any further explanation; some things are simply done.
Zhang Shiqing felt a sudden pang of heartache; it all came back to that time…
Then he quickly clutched his chest; it was he who had suggested it. Since they were already in Jindu, they shouldn't have stayed in a hotel; Shen Fei should have stayed at his house. He shouldn't have been so considerate of that brat, and look what happened…
Seeing this, Zhang Shiqing waved his hand, which was considered tacit approval.
……
At almost the same time, at the Penguin Building in Nanshan District, Shenzhen.
Penguin Horse did not leave work on time.
He stood in front of the office whiteboard, on which remained the sketches he had drawn during the negotiations that day.
Mobile phone manufacturers, app stores, mobile apps, and payment tools are all connected to form a complex network.
Today he used a different color and drew an even bigger circle outside the one for the phone manufacturer.
The assistant gently knocked on the door: "Mr. Ma, is it time to leave work?"
Penguin Horse didn't look up, but simply asked, "Tell me, why do they want 20%...?"
The assistant paused for a moment, then said, "20% is a lot; it can influence decisions..."
"No, what they want isn't decision-making; they're probably just acquiring land."
…………
Early on the morning of November 8th, Yu Dazui posted another new teaser on his personal Weibo account, with a very confident tone:
"At the time, I said at the press conference that the Mate was a product that would change the Chinese mobile phone market. Many people didn't believe it then, but now we have done it."
"With cumulative sales of 400 million units in the three months since its launch, sales have not slowed down and are still growing rapidly, but that's not enough. We are about to release a phone that everyone can afford, which will completely set the tone..."