Three hundred and twentieth chapters: join forces.
Just as Accountant Jia hoped, after Sun Hongbing returned, he started raising money immediately. For him, LeTV is a sure profit and no loss. Not to mention anything else, just get a few pieces of land in LeTV, and you will not lose money if you invest the 15 billion yuan. However, he didn't know that Accountant Jia belonged to Pixiu, and it was almost impossible to eat something into his stomach and let him spit it out.
However, just when Sun Hongbing was raising money, his secretary suddenly reported that someone wanted to meet him, and this person was naturally Fang Li.
In fact, when Accountant Jia just found Sun Hongbing through an intermediary, Fang Li received the news, which reflects the importance of joining the China Entrepreneurs Association. In this circle, there is a lot of information that can be accessed.
As soon as he heard this news, Fang Li understood what Accountant Jia was going to do. It was because of Sun Hongbing's 15 billion entry that many investors mistakenly thought that LeTV could bring about a resurrection, and they entered the market one after another and finally lost all their money. However, Accountant Jia had enough time to transfer property and fled to the United States and left the "good story" of "returning to China next week"
Fang Li has been watching LeTV Video for so long, so naturally he will not give Accountant Jia a chance to get out of trouble easily. If you want to leave, you can pay off the debt first. Look at Lao Luo. Isn’t it payable off the debt of hundreds of millions of dollars in two or three years? With Accountant Jia’s ability to give speeches, he will be an internet celebrity who relies on live streaming to sell goods in the later stage. Maybe he can still pay off the debt, but it’s just a longer time.
When Sun Hongbing heard that Fang Li was making an appointment, he was a little confused. Although Fang Li was looking for him at this time, he still enthusiastically agreed. After all, Tianyuan Technology's current position in the Chinese Internet field is second only to Alibaba. Even Penguin can only say that it is slightly better in scale, but its core business has long been surpassed by Tianyuan Technology, and Baidu has already tended to decline. Perhaps in a few years, the Chinese Internet industry will start to move from the bat era to the tat era.
"Haha, Mr. Fang hasn't seen you for a long time. Why do you have time to see me, the old man?" Sun Hongbing greeted Fang Li very enthusiastically and asked about his doubts.
Fang Li first exchanged greetings and put his position very low, which made Sun Hongbing feel very good. He immediately asked the secretary to take out the treasured Dahongpao to entertain him.
After drinking a sip of tea, Fang Li didn't think there was any difference between tea that costs several hundred yuan per pound, but he still praised it: "It's true that the tea is good, and the lips and teeth are fragrant."
Sun Hongbing smiled proudly and said, "Although Dahongpao in Wuyi Mountain is not a few tea leaves on the mother tree, it is also a good tea seed that is grafted from the mother tree. Unfortunately, the tea leaves of the authentic mother tree are banned and cannot be bought even if you have money. You can only use this to entertain Mr. Fang."
The two of them exchanged greetings again, and Fang Li then put down the teacup: "Mr. Sun, you are an old senior, and I don't go around the corner. I heard that you are raising money to invest in LeTV recently?"
Sun Hongbing's face changed slightly, but he didn't think much about it. After all, the turbulence in the capital market is insider news for ordinary investors, and there is no secret to the insiders. As long as you pay attention, you can hear some of the rumors. It is not surprising that Fang Li knows it.
"That's true. In fact, at the beginning, I heard that LeTV was going to buy some land, and I was going to buy it for development. Later, Mr. Jia strongly invited me to invest in LeTV. I think this is also an opportunity. After all, the Internet is a sunrise industry. Mr. Fang came just right today, so he helped me analyze it. You are an expert in the Internet." Sun Hongbing said.
Fang Li waved his hand quickly: "The expert can't talk about it, but I can help you analyze LeTV's current situation."
Sun Hongbing looked as if he wanted to hear the details, and he unconsciously sat upright.
"From the current situation, LeTV seems to be just a temporary capital turnover problem. As for LeTV owes suppliers 10 billion on the Internet, I personally think it is a bit exaggerated. The actual debt should be around 6 billion. After all, normal enterprise operations have a certain period of account for suppliers, which is very normal." Fang Li said.
Sun Hongbing nodded deeply with consent. This is also the reason why he is optimistic about Accountant Jia. As a company with a market value of over 100 billion yuan, owing 6 billion yuan is really nothing. If calculated based on the debt ratio, real estate is a high debt ratio industry and may not be able to live a good life.
But speaking of this, Fang Li changed the subject: "But Mr. Sun has thought that LeTV's business logic really works? I also make smartphones now. In terms of hardware costs, LeTV mobile phones will lose one loss. Can the cost of relying solely on membership income and advertising implantation really recover? "
This is the flaw of LeTV's business logic. With such a big stall, all the hardware is not profitable, but they are still losing money. How can LeTV Video Membership and LeTV Sports Membership be maintained?
You should know that whether it is LeTV Video or LeTV Sports, they have to pay huge fees for purchasing copyrights. For example, LeTV Sports spent 11 million US dollars to purchase copyrights for the Premier League in one season. In addition, the copyright prices of domestic film and television dramas have soared in recent years. The top three industries like iQiyou and Tencent are in losses every year. Why can LeTV make money?
Everyone only sees LeTV's hardware serving LeTV Video and LeTV Sports, but no one has ever thought that maybe LeTV Video and LeTV Sports themselves are also losing money.
Of course, there are also factors that Accountant Jia has mastered his accounting skills. As a commercial genius who can share the copyright and server costs of film and television dramas for ten years, it seems that LeTV Video makes money seems to be a natural thing.
When Sun Hongbing heard this, he immediately reacted: "So Mr. Fang means that he wants me to give up the investment in LeTV?"
After saying that, Sun Hongbing couldn't help but frown. He actually didn't care whether LeTV could make money. For him, as long as he got the land of LeTV, he would make sure to make a profit. Moreover, even if LeTV went bankrupt, as long as the plate was still opened and sold by him, he would still make a big profit.
Fang Li smiled and said, "No, the purpose of my visit is not to stop Mr. Sun from investing in LeTV. On the contrary, I am here to persuade Mr. Sun to invest in LeTV."
"This..." Sun Hongbing was completely confused. Fang Li said before that Accountant Jia's business logic would not work, and now he said that he was here to persuade him to invest in LeTV. If they hadn't drunk tea before, he would have thought Fang Li was drunk and talking nonsense.
Fang Li suddenly leaned forward and said word by word: "I came here this time to cooperate with President Sun to win LeTV."
Sun Hongbing suddenly shook his hand, and the tea leaves flowed down the tiger's mouth to the coffee table. Sun Hongbing quickly wiped the tissue on the table, but his eyes were always staring at Fang Li.
After a while, he said slowly: "Mr. Fang, I don't think it's a good idea to cooperate with you. Mr. Jia has agreed that as long as I invest 15 billion, I will give me the position of Chairman of LeTV to me. I can take over LeTV openly. With the relationship between Mr. Fang and Mr. Jia, once Mr. Jia knows about it, I may cause trouble."
Fang Li smiled dismissively when he heard this: "Mr. Sun wouldn't really think that as long as he invested 15 billion yuan, Mr. Jia would willingly give up LeTV, right?"
Sun Hongbing's heart trembled and suddenly felt a little reminiscent.
Fang Li continued: "I am frank, LeTV's current market value is 76 billion, and even if it is half a discount, it will be nearly 40 billion. If it were Mr. Sun, you would have given up your efforts for just 15 billion? What's more, this 15 billion is just an injection of the company and not a hand to individuals. It means that Mr. Jia will not get any profit here. Mr. Sun, do you think this is normal?"
"You mean..." Sun Hongbing said in a trembling voice.
Fang Li nodded: "If I were Mr. Jia, after your 15 billion yuan was received, you would be paid back some false debts through various channels of the company in various names, and then transfer them to a bank in Switzerland or the United States through the offshore company's account. You should be familiar with such operations, right?"
Sun Hongbing's mouth twitched, and he was naturally familiar with this kind of capital operation as a real estate developer. At this time, he also realized that he had been trapped. At the beginning, Accountant Jia used land to attract his attention. These lands were baits. Later, he invited him to invest in LeTV. His idea was that as long as he could get the land, he would make sure to make a profit and even get LeTV in one fell swoop. The 15 billion was worth it.
Once a person has greed, he will easily lose his mind. The more he thinks, the colder he feels. Although he is rich, 15 billion is not a small amount. Not to mention peeling and cramping, it will also cause damage to the bones.
Sun Hongbing excitedly held Fang Li's hand: "Mr. Fang, thanks to your reminder, otherwise the consequences would be unimaginable!"
Fang Li smiled and comforted: "With Mr. Sun's wisdom, sooner or later, we can find the problem."
Sun Hongbing became more and more angry the more he thought about it, and cursed: "This Accountant Jia actually plotted against me. Wait for me, and you must give him some color!"
Fang Li said seriously: "Mr. Sun, as I said before, our two companies join forces..."
Before he finished speaking, Sun Hongbing asked in confusion: "Mr. Fang, since you know LeTV is a pit, why do you still jump into this quagmire?"
After thinking about the interests, Sun Hongbing began to give in.
Fang Li also saw that Sun Hongbing was determined to retreat and immediately said: "Mr. Sun, LeTV is naturally a pile of mud in Accountant Jia's hands, but it is completely different in my hands. As long as the LeTV shares we have won more than Accountant Jia's, I am sure to bring LeTV back to life."
In fact, besides Accountant Jia playing with capital to make fake accounts and cheating suppliers, LeTV's assets are still good. LeTV Video and LeTV Sports have a good user base. LeTV Pictures also have good performance in the film and television industry. In addition, LeTV's hundreds of offline stores are all very good supplements for Tianyuan Technology.
Sun Hongbing was still a little hesitant: "I'm afraid there is a difficulty? As a listed company, if Mr. Fang acquires more than 5% of LeTV shares, he will publish the information. At that time..."
Indeed, once Accountant Jia learns that Fang Li has begun to acquire LeTV's shares, he will definitely counter it. Whether it is adopting the poison pill plan or inviting foreign aid, it is unacceptable for Sun Hongbing, because he needs real money to invest 15 billion.
Fang Li naturally understood Sun Hongbing's concerns, so he explained: "Mr. Sun doesn't know that LeTV's shares have long been pledged by Accountant Jia and his sister in the hands of many funds. Once the stock price continues to fall, it falls below the pledge value. These shares have the right to resell according to the pledge agreement."
After saying that, Fang Li added: "This part of the shares accounted for 36% of LeTV."
When Sun Hongbing heard this, he couldn't help but be surprised by Accountant Jia's boldness. As the boss of a listed company, he dared to pledge so many shares. You must know that if you do this, you will lose control of the company if you are not careful.
In fact, Sun Hongbing didn't know that Accountant Jia has been considering to be much more constrained recently. After all, LeTV's stock price has been falling recently, and he is also worried about losing control of LeTV. During the bull market in 2015, Accountant Jia even pledged all LeTV shares in his hands and made a fortune through more than a dozen pledges to relieve pressure.
Sun Hongbing looked at Fang Li and said seriously: "Mr. Fang means that I want me to invest 15 billion to get the shares in Accountant Jia, and then purchase the LeTV shares in their hands at one time through the fund, so as to complete the holding of LeTV?"
Fang Li nodded: "That's right, then Mr. Sun will not only be able to get the land in LeTV as he wishes, but I will also acquire the 15 billion shares injected into it at a premium of 10%.
Sun Hongbing's eyes flashed: "But all this is based on the premise that LeTV's stock price continues to fall."
Fang Li smiled sly and said, "So Mr. Sun needs to cooperate. As long as you keep fishing for Accountant Jia, when the stock price falls below the pledge price, President Sun will come as a savior. At that time, Accountant Jia will definitely regard you as his ancestor."
Sun Hongbing's mouth twitched, thinking it was almost the same as a sucker. When he thought of this, Sun Hongbing was so angry that his teeth were itchy. He thought that he had been smart all his life, but when he got old, he almost got fooled by a junior. If it spread, he might become a laughing stock in the circle.
"What if this kid finds someone else to invest in it?" Even though he is angry, Sun Hongbing still maintains absolute rationality after awakening.
Fang Li couldn't help but laugh. This person was bitten by a snake for ten years and was afraid of the rope.
"I think in China, he shouldn't be able to find a second person who is willing to pay 15 billion to save him and Shuihuo."
This sounds awkward, but Sun Hongbing has to admit that it is true. There are so many people with rich people in their hands, and they are willing to listen to Accountant Jia's tricks. There are really not many people who are willing to listen to Accountant Jia's tricks. If he is the only fool?
"Then will we be happy to cooperate?"
“Happy cooperation.”
On the other hand, Accountant Jia has been living a terrified life every day. Every day when he opens the stock market and sees LeTV's green light, he wants to paint it red with a color pen. The day he is most looking forward to now is the weekend, because as long as the LeTV's stock price is falling, his only hope now is that Sun Hongbing can take the bait as soon as possible.
Chapter completed!