Chapter 191: Why do they bully the person whom I am reluctant to bully?
At first, Li Yang didn't care about the fact that the shared bike business was intercepted.
On Sunday, he also visited the Bitcoin Exchange Center in Zhongguancun.
The people inside welcomed Li Yang's arrival. After all, all of them put together were not as famous as Li Yang.
Those present included Wu Han, a graduate of the Finance Department of Peking University, science fiction writer Liu Peng, Zhang Nan, who dropped out of Tsinghua University, and of course the well-known Li Xiao.
In this communication center, everyone has their own thing to do.
For example, Wu Han and Liu Peng are running a forum about Bitcoin called Babbitt.
Zhang Nan, who dropped out of Tsinghua University, started a company that focused on mining machines and created the world's first ASIC Bitcoin mining machine, Avalon.
Li Xiao is the person who owns the most bitcoins in the country. He has more than 100,000 bitcoins, and the cost is quite low.
He is now mainly serving as a spokesperson for Bitcoin and promoting it.
After all, if Bitcoin is not promoted, the money he invested will be wasted.
Li Yang was very humble and low-key, after all, it was his first time here.
The topic everyone was talking about was simple: whether Bitcoin has a future.
Zhang Nan needs to sell more mining machines, Wu Han and his team need to bring more popularity to the forum, and Li Xiao naturally needs no further explanation...
When the conversation was almost over, Li Xiao said to Li Yang: "Brother Li Yang, you are interested in Bitcoin, do you want to buy some for fun?"
Li Yang thought for a while and said, "Brother, I don't know much about this yet. I'll learn about it for a while before I say anything."
He knew that Li Xiao's purpose was nothing more than to use his name to promote after he entered the game and attract more people to join.
But this thing, if other people get involved, it will have nothing to do with him.
Is Bitcoin meaningful? Of course it is, at least in terms of finance.
It is true that it is meaningless. It is just a virtual currency, a string of so-called encrypted codes.
In general, there still needs to be capital willing to enter the market, and if Bitcoin is to follow the process of its previous life, there cannot be any major accidents.
His entry into the market can indeed bring in a lot of funds, and may even push up the value of Bitcoin to five hundred or eight hundred dollars in a short period of time.
But it will also completely cut off the possibility of other funds entering the market.
Just like a stock, those hot money or institutions cannot have no chips in their hands and just throw money in to push up the price.
The more chips he has, the less profit there is for other funds. They would rather do other things than play with Bitcoin.
After adding each other's contact information, the first meeting was over.
Wu Han posted photos of the meeting on the forum that evening and tagged Li Yang.
All of Li Yang's names were listed, causing a brief sensation.
After all, someone went directly to Li Yang's Weibo to ask if he wanted to buy Bitcoin. Li Yang's answer was very straightforward: "No, I had never heard of this thing before. It was purely by chance that I went there and sat for a while. It is unlikely that I will be interested in Bitcoin in the future. Instead of investing in something that is completely uncertain, it is better to invest in Wanliu Capital. After all, I believe in Jiang Banxia's strength."
After Li Yang clarified the matter, the heat subsided.
As the price of Bitcoin continues to hover around $200, some domestic Bitcoin players are getting restless.
Because the cost of mining at this time is already quite high, the electricity cost is close to one hundred US dollars, and the cost of mining machines and labor combined is more than two hundred US dollars.
Last year, Bitcoin was over 400 US dollars, and the profit margin was pretty good, but now there is no profit at all.
In the Babbitt forum, people are everywhere looking to sell Bitcoin.
Li Yang originally planned to register a pseudonym and take the opportunity to get some bitcoins in his hands. However, the news of ofo's financing was exposed that day, and Li Yang saw the boss of Yuancheng Capital.
Cen Ye Zhen.
He didn't know the other person's name before. After all, David didn't give him an identity tag, so he didn't have that condition.
"It feels like the Cen family..."
The harder the Cen family bites, the more he likes it.
Although many things are still unclear, the Cen family can get involved in even a small project like investing in ofo. As for other projects, I'm afraid the Cen family has already started betting, and heavily.
Now, it’s truly complete!
In Li Yang's opinion, ofo has many problems, but they have not yet been covered up by the expansion power of the new model.
Of course, along with that comes David's ambition.
Although David received more than 20 million in financing this time, given his ambition, he will definitely want more than that.
In two months at most, he might start his Series A financing.
After all, ofo has raised funds ten times within two years, and David has to squeeze out all the profits with every step forward.
Li Yang temporarily gave up the idea of buying bitcoins because he couldn't buy many.
Besides, Bitcoin has not seen much growth in the past six months and will not break through three hundred US dollars.
It was during this low period that bigwigs began to enter the market. It was not appropriate for him to express his position at this time to avoid any unexpected changes.
While attending classes, he also went to Kyoto University's Entrepreneurship Center.
The vast majority of startups at the Kyoto University Entrepreneurship Center are on-campus startups, and all of them are college students.
There are those who deliver express to the last stop within the school, those who work on ground promotion team projects, and of course some who do research and development.
There are even many collaborations between the entrepreneurship centers of Peking University and National Tsinghua University.
Li Yang has invested in many projects, ranging from a few hundred thousand to one million. Currently, no investment has exceeded two million.
His way of making good friends quickly became popular in the entrepreneurial circles of the two schools.
Even if the Cen family wanted to intervene, they had no chance, because Li Yang basically made the decision on the spot, and the projects were very mediocre.
The Cen family didn't care much about it. They just thought that Li Yang was furious after being intercepted. After all, investing in those projects was no different from throwing money away.
Time slowly entered October.
Because of the holidays, the entire month of October only had fifteen trading days for Wanliu Capital.
Jiang Banxia's method was very stable. From late September to the end of October, over twenty trading days, the net value of the Wanliu Mixed Select Fund increased by twelve points.
In the current A-share market, the returns are in the very advanced echelon.
The fund size has quietly exceeded 13 billion, with daily subscriptions ranging from several hundred to tens of millions, and as many as fifty or sixty million or even hundreds of millions. The overall rhythm is very healthy.
In November, the capital city began to get cold.
Li Yang's old problem came back and he didn't want to take a shower.
The bathing environment in the dormitory is really terrible. In the public bathroom, there is only one faucet with hot water, and it is freezing cold when you take a shower. After all, the public bathroom is not only crowded, but also open. There is no way.
It just so happened that Bai Qing came to Beijing and was preparing to sign a private placement agreement with Convolution Group.
The approval time for Lushui Group's private placement was very long. After all, it was a listed company. It was only approved a few days ago. Bai Qing rushed to Beijing as soon as possible.
Li Yang now had a place to take a shower, so after school every afternoon, he would go straight to Bai Qing.
During the friendly conversation, both sides showed a certain sincerity and the private placement project was finalized.
The current market value of Green Water Group is 3.5 billion. If the total share capital increases by 30%, the market value will soar to 4.55 billion.
The lock-up period for the additional shares is 180 days.
According to Bai Qing's idea, Li Yang didn't need to offer too high a price, 30% or 20% discount would be fine.
However, after Li Yang insisted for more than an hour, he still didn't get the discount.
Because Green Water Group really needs this money. After all, they have so many projects and all the early operations require funds.
After the private placement, he will hold 23% of the shares of Lushui Group. Correspondingly, Jiang Banxia's original 10% of the shares will be diluted to only 7.7%, Bai Qing's shares will also be diluted to 34%, the county government's 20% of the shares will be diluted to 15.4%, and Zheng Dasheng's group's shares will be diluted to 13.8%.
Li Yang also brought drawings of the Green Water Group's real estate project and an invoice for 1.6 million yuan.
The real estate project of Green Water Group is named Greentown World. It is centered around a 500-acre commercial area and is mainly a super-large complex with various commercial streets and apartment buildings.
There is not much to say about the residential area, it is mainly a high-end residential area.
Whether the residential area can be sold depends entirely on whether the commercial area can be done well.
After all, if you want to do real estate development in a county town, it is too late now unless you enter the industry early.
But real estate does support people.
In order to ensure the smooth launch of this project, Ye Bingcheng has tried every possible means to help Lvshui Group obtain a loan. The county government will pay the interest instead of Lvshui Group.
Li Yang has been living with Bai Qing for a week.
Every day when he came over, Bai Qing would prepare a table full of sumptuous meals.
To the extent that he is now less and less interested in the cafeteria food, even though the Peking University cafeteria is actually quite good.
But which kitchen is willing to let people see it? Not only that, but they also let you see everything, fearing that some corners cannot be seen, and they don’t cover it up at all.
Only in a kitchen like this can you eat food with peace of mind.
November 10th.
After class, Li Yang came to Bai Qing again.
Seeing Bai Qing busy in the kitchen, he walked over and hugged Bai Qing's waist: "Wife, if you eat any more, I'm afraid I'll starve to death in school later..."
"Then...I'll apply to be a chef at Kyoto University?"
"No! Wouldn't that be a benefit to others? This kind of good thing is enough for me alone."
For Bai Qing, cooking is fun and working is boring.
In particular, she didn't quite understand the business model of Green Water Group and had to learn about it every day.
She would rather play games.
…
As the weather gets colder, Jiang Banxia's sense of smell becomes more and more sensitive.
Although Li Yang would eat and chat with her on Saturdays and Sundays, but...
"Master Li, my home's heating is very hot, and the hot water is just right..."
"Understood! I'll take a shower tomorrow!"
"Okay, okay, if you don't come over, winter will be over soon."
"I don't know any winter, I only know summer, so even if winter comes to me, I won't pay any attention to it!"
Li Yang was glad that Bai Qing left yesterday.
After all, there are a lot of things in the Green Water Group waiting for her to make the decision, and being able to stay in Beijing for half a month is already the limit.
If I don't go to Jiang Banxia again, she will probably say that she has a cat, and that cat can do backflips.
After school, he immediately took out the clothes he had packed yesterday and went out again.
He and Le Wei were confused.
Because... didn’t Li Yang just get it back?
He hasn't lived in the dormitory for the past half month, which clearly shows that life outside is better.
Yesterday I thought he had changed his mind, after all, he even brought back his spare clothes.
As a result, only one day has passed and he has found a new buyer?
Who is he looking for this time?
Chen Weixing was stunned and asked: "Lao He, how many girlfriends does Lao Li have?"
He Lewei sighed, "Who knows how many he has. Even if he has one, it's a level we can never reach in this lifetime. Damn, isn't this bastard just a little bit more handsome than me? I've been working so hard to chase a girlfriend, but he's been hanging around with multiple girls openly and hasn't gotten over it."
"Is it possible that he is a good driver and can continue driving even after flipping over?"
He Lewei: "..."
"Keep the accounts! This guy doesn't participate in dormitory group activities again. Let him treat us to a meal during the holidays!"
…
When Li Yang arrived at Jiang Banxia's residence, he saw Jiang Banxia writing a manuscript.
The title of the article is: Leshi has long been insolvent!
This title is quite shocking.
Li Yang came over and took a look.
Jiang Banxia wrote this research report in the tone of Wanliu Capital. After all, Leshi is a listed company and Wanliu Capital is a financial institution, so they are qualified to issue research reports.
Jiang Banxia first wrote about Leshi’s layout in the film and television ecology. The main reason was the sharp rise in the prices of film and television copyrights, which caused Leshi’s cost expenditure to increase several times.
At the same time, it also talked about Leshi's financing data. It has raised more than 70 billion yuan in financing over the years, and more than 50 billion yuan has been raised through issuing bonds and other means.
At the same time, the board of directors was frantically cashing out in the secondary market.
Finally, there is the famous Leshi mobile phone. Not many were sold, but the cost was extremely high. It can be seen from the third quarter financial report this year that they owed billions to foreign mobile phone parts companies.
For the sake of its own mobile phones, it spent nearly 3 billion Hong Kong dollars in June this year to purchase 18% of Coolpad's shares, but this expenditure has not received any return at all. Coolpad itself is already half-dead, and the mobile phone business has caused a financial burden of more than 6 billion to the entire company, and all of this 6 billion has been converted into debt.
Not only that, many manufacturers of Leshi’s TV business have not received payment for more than half a year...
Jiang Banxia did not write this casually, it is all supported by data.
After reading it, Li Yang asked, "Do you want to empty Leshi?"
"No, short-selling reports are not allowed in China. This is a research report."
Li Yang smiled and said, "Aren't you afraid of being sued? Once this report is published, Leshi will definitely sue you."
Jiang Banxia smiled slightly, "Just come!"
After that, she continued writing.
There is some more content later.
In October, Boss Jia bought 300 acres of land in Beijing for 980 million yuan, nominally for building a factory, and signed a gambling agreement with Beijing. After three years, he would pay more than 300 million yuan in taxes to Beijing every year, otherwise he would pay the original price of the land (2.98 billion yuan).
However, the first thing Boss Jia did when he got the land was not to build a factory as required, but to mortgage it, saying that he was raising funds.
As we all know, Boss Jia’s automobile research and development department is located in the United States. He has also acquired a lot of land in the United States and promised to build a factory there.
Moreover, Beijing does not have the conditions to manufacture cars. First of all, there are labor costs, and secondly, logistics costs.
The automotive industry chain is basically concentrated in the central and southern regions. After manufacturing cars in Beijing, the cost of transportation is not negligible. Boss Jia didn't pay attention to this most basic logic? Is he an outsider or does he not care at all?
If it is in Tianjin, it is understandable, because the sea transportation in Tianjin is well developed and the cost of sea transportation is relatively low.
There is only one core idea in Jiang Banxia's research report.
Boss Jia is a liar. Leshi is insolvent and will soon cease to operate.
Li Yang was watching from the side. He didn't expect that Jiang Banxia had also noticed the news that Boss Jia had acquired 300 acres of land in Beijing.
After Jiang Banxia finished writing, Li Yang asked again: "If you publish it, you will offend people. Otherwise, give me the manuscript and I will find the media."
His original plan was to wait until January next year to take action against Boss Jia, because he needed another round of financing for ofo.
Jiang Banxia said seriously: "I will do it, I am more authoritative. We can't just allow others to set fires and not allow us to light lamps."
It will definitely be easier to convince people if it is issued in the name of Wanliu Capital.
Especially since late September to mid-November now, in nearly two months, Jiang Banxia has completely established a firm foothold in the A-share market. The net value of the two funds has now exceeded 20 points.
Among them, the QDII fund, Wanliu Overseas Select, currently has a net value increase of twenty points.
As for Wanliu Mixed Select Fund, in nearly two months and nearly forty trading days, its net value has increased by thirty-six points, leading any other domestic fund.
If it weren't for the fact that the market was becoming more and more stable and more and more funds were being subscribed, the net value of the initial 10 billion yuan would have increased by 50 points by now.
While Jiang Banxia insisted on real estate, the general direction of China Merchants Bank remained unchanged. At the same time, he took out 20% of his positions for high-frequency trading, which was a mixture of the two trading models.
In the past two months, China Merchants Bank has risen by more than ten points, but Jiang Banxia has already earned a profit of thirty points from China Merchants Bank.
Whether it is high-frequency trading or super-large-cap fund operations, she seems to be at ease.
Li Yang said helplessly: "I didn't provoke you."
"But they are clearly targeting you. Have you read Boss Jia's recent remarks?"
“No.”
Li Yang must have seen it, but there was no need to say it out loud.
Leshi has absolutely no chance. The outcome was determined when Boss Jia started cashing out in a big way last year.
No matter how good a company is, it cannot withstand being bloodsucked like that.
Boss Jia recently made some remarks. Although he did not mention Dao Xin by name, he was definitely criticizing Li Yang's Jiying Automobile, saying that Li Yang was just doing pure marketing and did not have any real strength at all.
"Master Li, please believe me. I can do this well. Why should they bully someone who I don't even want to bully?"
Li Yang: “…”
(End of this chapter)
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