Chapter 543: One Chen Yansen = Nine Li Jiachengs? 280 Billion US Dollars? (Thanks to Qianqiu Diyi)
On January 13, the sky in Xucheng was as blue as a mirror, but the north wind was blowing particularly fiercely.
In Zhuxianzhuang Science and Technology Park, luxury cars gather on the ground, including Mercedes-Benz, BMW, Audi, Maserati, Hummer and other models worth more than two million yuan.
Except for two empty parking spaces in front of Building No. 9, all other ground parking spaces are full.
But the luxury cars that kept driving in seemed not to notice these two parking spaces and all drove straight to the underground parking lot.
At this time, a large group of domestic media reporters gathered on the first floor of the park.
It is not difficult to tell from the icons on the interview microphones in their hands that these people are from dozens of media outlets including "Business World", The Paper, Interface, Sina, Penguin, Sohu and Phoenix.com.
"The company held a year-end performance review meeting, and there were so many reporters?"
Wang Shixiang, director of the brand department, walked to the window and looked down.
I don’t know who was so talkative that he leaked the date of the company meeting.
Wang Shixiang cursed inwardly, called his assistant, and asked him to take the reporters downstairs to the reception room.
We can't let these reporters stand outside in the cold wind, can we?
At this time, a BMW 750 slowly drove over. What was surprising was that the car had a Xucheng license plate.
After the car stopped, there was a "click" sound and the door opened.
A pair of shiny leather shoes stretched out, followed by black trousers, and finally a muscular upper body, covered with a woolen coat, a white shirt and a black suit.
The young man who got out of the car was about twenty-seven or twenty-eight years old, with slightly dark skin, a neat short haircut, and slightly round cheeks. He looked fat and a little strong.
The reporters looked at each other, their eyes all asking, "Who is this?"
“Crack!”
The Sohu reporter quickly pressed the shutter button.
He recognized the man's identity.
Compared with project leaders like Zhou Shouzhi, Liao Wei, Cao Dahua, and Liang Jinsong, this person's status is not prominent, but those who really know the business know that the black-faced young man in front of them will probably have a high status in Senlian Capital in the future.
"Dude, who is this guy?"
A reporter from The Paper asked curiously.
"Just shoot! Your shutter clicks will definitely not be wasted." The Sohu reporter said with a grin.
Wang Zihao looked around. He was really scared when he got off the car and thought something big had happened.
Why are there so many reporters at headquarters?
Hu Weiyi got out of the car as well, with the same look of astonishment on her face.
“It’s Mr. Hu from OFO Bike!”
“I didn’t expect that the first person to arrive would be Hu Weiyi!”
"OFO is also doing well. They have deployed 1.4 million shared bicycles and 600,000 shared mopeds across the country. They are the industry leader."
The reporters took photos and discussed in low voices.
"Boss Wang, what's going on?"
Hu Weiyi lowered her voice and asked Wang Zihao.
"I don't know." Wang Zihao answered confusedly.
The two looked at each other, waved at the camera, then ran forward and entered Office Building No. 9.
As soon as Wang Zihao entered the lobby, he opened the beverage machine with ease and took himself a bottle of green tea. Then he looked at Hu Weiyi and asked, "Mr. Hu, what would you like to drink?"
"Lemonade, please." Hu Weiyi replied.
Wang Zihao nodded, took out a bottle of lemonade from the cabinet and handed it to Hu Weiyi, then turned around and greeted Tian Tian who was sitting at the front desk in a familiar manner.
Then, just as he was about to go sit in the rest area for a while, he heard a familiar voice.
"Hey, classmate Wang, you're becoming more and more mature."
Cao Dahua strode in. When he saw Wang Zihao, he was startled at first, then he smiled and teased.
He is only 22 years old, but looks like he is 27 or 28 years old.
"Brother Hua, how's your stomach?"
Wang Zihao was also stunned. Cao Dahua had lost a lot of weight.
"My boss asked me to lose weight, how could I not listen?"
Cao Dahua walked forward and said with a smile.
At the same time, he nodded and said hello to Hu Weiyi: "Mr. Hu, long time no see. You look more beautiful."
"Thank you for the compliment, Mr. Cao." Hu Weiyi smiled. She knew Cao Dahua's position in the group.
He was originally Chen Yansen's teacher and was also one of the first Internet entrepreneurs ten years ago, but he failed in the smartphone industry. Later, after the Orange mobile phone factory was established, he was sent to Shenzhen.
Today, he is the general manager of Orange Mobile's six major production bases, managing nearly 100,000 employees, covering multiple links including R&D, supply chain, management and production.
Nicknamed "Mainland version of Guo Mingtai"!
However, Cao Dahua was not satisfied with this nickname. What a bullshit Guo Mingtai. He, Cao, was running Foxconn.
"Gym or swimming? I also want to lose weight."
Wang Zihao asked.
After saying that, he lifted up his shirt and showed Cao Dahua the "fat" on his belly.
Cao Dahua lowered his head and took a glance. The smile on his face froze instantly. He pointed at Wang Zihao and cursed, "You kid, are you showing off on purpose?"
Where does the fat on Wang Zihao's belly come from? It's clearly six abdominal muscles with clear textures.
"I've been too busy lately and haven't had time to practice. Let me show you a photo of me ringing the bell in New York last time."
Wang Zihao took out his cell phone, flipped through the photos, and put the phone directly in front of Cao Dahua, with a hint of subtle pride in his tone.
Showing off again, huh?
Cao Dahua sighed secretly: Zihao has grown up and is becoming more and more pretentious.
"Mr. Cao, Mr. Hu, Mr. Wang, what are you looking at?"
A male voice came from behind.
Wang Zihao subconsciously turned his head and saw Pei Yi leading four people not far away.
"Lao Pei, how did you know I was working out? Let me show you some photos of me going to New York."
Wang Zihao grinned and took the initiative to go forward.
Pei Yi's mouth twitched, and he smiled helplessly. After responding with a few words, he pushed Shan Jiawei, Liang Changlin, Zhang Xuhao and Kang Guodong to the front and introduced them to Cao Dahua and Hu Weiyi.
After a brief greeting, the group went to the rest area and sat down.
at the same time.
Xiao Jun from AutoNavi Maps, Mao Chaorong from Mimo, and Qu Fang from Xiaohongshu arrived one after another.
Zhang Yiming of Byte Technology, Cheng Weixing of Kuaidi Taxi, and Liang Jinsong of Star Source Technology followed closely behind. As soon as they entered the hall, they were attracted by the movement in the rest area.
The project managers of the group's subsidiaries are basically on the first floor.
When Mike Keller of Tiangong Technology saw Liang Jinsong, he immediately stood up and waved enthusiastically.
The two had dealt with each other before, when he was working at AMD and Liang Jinsong was working at TSMC in Taiwan.
I never thought that after going around in circles, we would become colleagues again.
It was not until ten o'clock that a Hongqi L5 appeared in the reporter's camera.
"Chen Yansen is here!"
"It is said that this car was personally selected by Li Qingsong for Mr. Chen."
"Hiss! Is this true?"
"It's inside information, so don't tell anyone else about it."
Several reporters whispered.
Chen Yansen, who was sitting in the car, saw the crowded scene at the door from afar.
A dozen seconds later, Huang Boxiang drove the car into the Science and Technology Park.
After parking the car, he immediately unbuckled his seat belt, quickly got out of the car, and opened the door for Chen Yansen.
Several reporters wanted to rush over for an interview, but were stopped outside the cordon by the company's security personnel. They could only shout questions from afar with microphones in hand, and the sound of camera shutters kept clicking.
"Mr. Chen, what do you think about the Qiandu Waimai and Taodiandian platforms paying for the five social insurances and one housing fund for riders?"
After hearing this, Chen Yansen stopped and showed a puzzled expression, then asked, "Isn't this what we should do?"
“Are you worried that Chopsticks will lose competitiveness if it runs on the rider side?”
The reporter from The Paper followed up with a question.
“In my opinion, the most core technologies on the transportation side lie in positioning, route planning, intelligent dispatching and transportation capacity scheduling.
Paying social security for your employees is a perfectly normal thing.”
Chen Yansen shrugged.
"Mr. Chen, when will Senlian Capital's headquarters move to Luzhou?"
The Sohu reporter asked.
"At that time, we will relocate to our new home in batches and departments in a planned manner, and the first batch of relocation projects is expected to start after the new year," Chen Yansen replied.
"Mr. Chen, according to financial blogger Shuipi's estimates, Kuaipao's net profit is probably less than 3%. If you adopt a full outsourcing model like Qiandu and Ali, your net profit could at least double. How did you convince investors to support this decision?"
The Phoenix reporter spoke very quickly and raised a very sensitive topic.
"I'm not interested in money."
Chen Yansen said with a smile and spreading his hands.
As soon as these words were spoken, the reporters smiled knowingly.
This was said by Ma Liyun, but no one believed it at all.
Since you are not interested in money, why are you delaying in paying basic salary and social security to your riders?
"Of course, not having money is not enough! First of all, I can clearly tell you that although Kuaipao's takeout business doesn't make much money, it's not as little as people speculate.
Secondly, Kuapao is a comprehensive local life service software. In addition to food delivery, it also provides grocery shopping and group buying services, and its profit model is very healthy.
So, don’t feel sorry for me.
In addition, in my heart, every Kuaipao rider is part of the company. They are just like Pei Yi, the CEO of Kuaipao, with only a difference in position.
Chen Yansen continued to add.
"Mr. Chen, due to the food delivery war between Kuaipao, Qiandu, and Taodiandian, many food delivery startups have gone bankrupt. Is 'burning money to grab market share' the secret weapon for Senlian Capital's success?"
asked a business reporter.
These media outlets were quite conscientious, each asking only one question.
In fact, this was something Wang Shixiang had arranged in advance, and he even gave a special amount of travel expenses.
"The foundation of Senlian Capital is its innovative business model and excellent user experience. As for the food delivery platforms that have gone bankrupt due to this, I can't do anything about it. Reality is often cruel like this.
The business world is like a battlefield, and that’s no joke.”
Chen Yansen said lightly.
The law of the jungle is the underlying nature of the business world.
After saying this, without waiting for the reporter behind him to ask questions, he waved his hand and said, "Excuse me, today is the annual performance review meeting of Senlian Capital. If you have any follow-up communications, please contact us through official channels."
Wang Shixiang, standing nearby, immediately understood what he meant and took a half step forward, a polite smile on his face. "Dear media friends, thank you for your attention and support. Please follow me this way. We have prepared a tea break area where everyone can take a break."
Although the reporters were still a little unsatisfied and wanted to ask a few more questions, seeing Chen Yansen's firm attitude, they did not want to continue to argue and could only follow Wang Shixiang to the tea break area in disappointment.
The sound of camera shutters gradually became sparse, and the Science and Technology Park finally became quiet.
"Brother Sen!"
"boss!"
After the reporters left, greetings rang out one after another.
Cao Dahua, Zhou Shouzhi, Huang Zheng, Liao Wei, Pei Yi, Mike Keller, Ma Zhiao, Liang Jinsong and others stood in the first row.
Zhang Yinjia, Xiao Jun, Cheng Weixing, Byron, Liang Bo, Zhang Yiming, Mao Chaorong and others stood in the second row.
Lin Guolun, Wang Chao, Ye Qiuping, Cheng Zilong, Wang Zhe, Qu Fang and others stood in the third row.
Wang Zihao, Shan Jiawei, Zhang Xuhao and others can only stand aside.
There were dozens of people in the crowd!
Reporters were surprised to find that Senlian Capital was far more powerful than they had imagined.
Its industries cover a wide range, from the Internet to the physical manufacturing industry, including e-commerce, electronic payment tools, food delivery, group buying, online car-hailing, electronic map navigation, chip design and manufacturing, batteries, new energy vehicles, shared bicycles, home appliances and short videos, among dozens of other industries.
Moreover, all the subsidiaries seem to be developing well.
Even Orange Auto and Star Source Technology, which are still in their start-up phase, have already obtained millions of square meters of industrial land and tens of billions of yuan in factory construction subsidies.
"Next year's Forbes world's richest man will probably be a foregone conclusion."
"I feel Mr. Chen's net worth is more than 100 billion US dollars."
"For Pinbei alone, Chen Yansen's account wealth has increased by nearly 70 billion US dollars.
100 billion? Too conservative."
"Can anyone give me a rough estimate? I'll use it as a headline when I get back."
I don't know who brought it up first, but for a moment, the reporters were whispering to each other, all busy calculating Chen Yansen's total wealth.
It doesn’t matter whether it’s accurate or not. The key is to attract attention and increase traffic and clicks.
Pinbei is a listed company, and Chen Yansen’s shareholding ratio can be found. Based on the current market value, it is approximately 68 billion US dollars.
The last time Yunsu Express raised funds was in June 2012, when three state-owned enterprises, China Merchants, Huake and Huaxin, each invested US$500 million, with a valuation of US$12 billion.
Now that a year and a half has passed, how do we calculate the valuation?
The average price of a single ticket in the express delivery industry is 10 to 12 yuan. Yunsu's daily business volume is around 20 million tickets, and its annual revenue is between 73 billion and 87.6 billion yuan.
The industry's average net profit margin is 5% to 8%.
Roughly estimated, the annual revenue is 80 billion and the net profit is 4.8 billion.
Several reporters from financial channels calculated that based on the price-to-earnings valuation method, taking the average value of the express delivery industry as 30, it would be 144 billion yuan, equivalent to 23 billion US dollars.
If calculated using the price-to-sales valuation method and an average value of 2.5, it would be 200 billion Chinese yuan, equivalent to 32 billion US dollars.
If calculated based on 30 billion US dollars, Chen Yansen's shareholding ratio is worth about 24 billion US dollars.
Orange Technology estimated the market value of Apple and Sanxing by comparing their shipments, sales and market capitalization, and estimated it to be US$60 billion.
Previously, DST invested US$1.35 billion, holding a 15% stake; 3% was used to exchange shares with Dongfang. Excluding the employee shares, Chen Yansen still holds at least 80% of the shares, worth US$48 billion.
"How did Forbes calculate it? With just three companies, Chen Yansen's net worth has reached 138 billion US dollars."
"Perhaps it's not that Forbes miscalculated, but that Mr. Chen's wealth has grown too fast."
"Kuaipao is the best, having just completed its Series C funding round with a valuation of US$31.8 billion."
"That's a bullshit calculation! Kuaipao's investors are numerous and complex. Who knows how many shares Mr. Chen holds?"
"I'll sell 10% each round, plus employee stock ownership, so that's 60%. It's not like I'm writing a paper, so I'll just take the average."
After some discussion, several reporters estimated the value of Chen Yansen's shares in Kuaipao to be US$18 billion.
Orange mobile phone factory 2 billion US dollars.
Kuaidi Taxi has 3 billion US dollars.
ByteDance’s $4 billion USD.
Today's technology is worth 6 billion US dollars.
Deep Blue Battery: 80 billion US dollars.
In the end, the reporters used algorithms that were almost made up on the spot, which were extremely simple and crude.
Neither market share nor revenue and net profit are considered.
Because they don't have the data.
The final result was as high as more than 280 billion US dollars.
Compared with the statistical caliber of Forbes magazine, the companies with the biggest variables are Deep Blue Technology, Orange Technology and Pinbei.
You have to know that at that time, the Deep Blue battery had not yet been released, the Orange mobile phone's autumn launch conference had not been held, and Pinbei had not yet been launched.
The reporters looked at the numbers on the draft paper and fell silent for a moment.
After all, Li Ka-shing's net worth is only 31 billion US dollars.
1 Chen Yansen = 9 Li Ka-shing?
(End of this chapter)
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