The rise of nanometers

Just when Li Yuanhong's plane arrived at Pengcheng Bao'an Airport and was about to go to Shanmei.

There are rumors on the Internet that Qiandu has removed medical advertisements and marginal advertisements from the shelves in a large area, as well as the news that Qiandu may surrender to the Suiren Group.

As soon as this news came out, it immediately caused a major earthquake in the domestic Internet industry. The situation between the three giants ABT VS Suiren may be about to undergo a major reversal.

The three giants of ABT were originally at a disadvantage. If Qiandu surrendered again, the remaining Penguin and Ali would be even less able to resist the Suiren team.

On the highway to Shanmei.

Li Yuanhong's personal phone rang. He looked at the number, answered the call, and greeted calmly:

"Mr. Ma, what's the matter?"

"It is said online that Qiandu is rectifying its advertising business. Mr. Li has already made a decision?"

Li Yuanhong looked out the car window, seeing the lush greenery along the way, and felt only peace and relaxation in his heart: "Qiandu has no choice, at least do this, Qiandu can survive."

"..." There was silence on the other side of the phone for a long time.

"If there is nothing else, let's do it! Mr. Ma, please take care of yourself. You penguins have no other choice, so make preparations early!"

"Then I wish Mr. Li a safe journey."

After saying that, the two hung up the phone.

The last time he came to Shanmei, Li Yuanhong came in a hurry. This time he calmed down and enjoyed the scenery of Lingnan along the way.

After the car got off the Pubian Expressway intersection, there were high-rise buildings on both sides of the highway. The headquarters of Suiren Materials, Snail Industry, Blue Age, Locust Ant, Fengmin Agriculture, and Dragon Totem were all here.

Then there are companies such as Datang Semiconductor, Ziguang Semiconductor and Yangtze Memory, with their branches in Shanmei. As the semiconductor core areas in southern China, Shanmei and Huizhou have concentrated a large number of semiconductor companies, as well as related factories, R\u0026D bases and research institutes.

Li Yuanhong saw these industries and the bustling businesses around them. Among the people coming and going, there were many workers wearing sky blue uniforms.

Judging from the company names printed on the uniforms of these workers, nine out of ten are Suiren employees.

Unconsciously, the convoy of Li Yuanhong and his team had arrived at the headquarters building of Time Information. Time Information was not far from the headquarters of Suiren Company.

Huang Xiuyuan, who is busy with work, naturally has no time to receive the negotiation team of Qiandu Company. He has been busy with some scientific research projects recently, and the specific affairs of the company have been handed over to Lin Baijie, Jiang Hailin and others.

For example, for Qiandu Company to join the Chaoxin platform, Huang Xiuyuan did not need to come forward in person, and even Lin Baijie was too lazy to meet Li Yuanhong.

Time Information Headquarters Building, conference room on the seventh floor.

After Jiang Miao shook hands with Li Yuanhong and others, they exchanged a few words. In addition to people from Time Information and Qiandu Company, there were also people from the network management center. The three of them could easily enter today's topic.

"Mr. Li, the Chaoxin platform and Fuxi system are themselves open platforms. We welcome sincere companies to join the development of this large system."

Li Yuanhong understood Jiang Miao's words. Time Information wanted to see Qiandu's sincerity instead of shouting slogans.

He took a document from his assistant and handed it to Jiang Miao: "Mr. Jiang, this is our Qiandu sincerity."

Jiang Miao took the document and read it for a while.

The plan proposed by Qiandu is to fully cooperate with the supervision of the network management center, but it hopes to give a two-year transition period for the rectification of the advertising business.

"Mr. Li, two years is too long, and the transition period for you is too long. Can other companies follow suit?"

Li Yuanhong asked tentatively: "How long does Mr. Jiang think is more reasonable?"

"At most half a year, all rectifications will be completed before November this year." Jiang Miao set a deadline.

"This..." This period is obviously much lower than Li Yuanhong's bottom line, which is one year.

The person in charge of the network management center also said: "Mr. Li, everyone knows the nature of those advertisements. The Internet has been open to the public in half a year. If you really care about them, you will face a lot of problems."

Li Yuanhong discussed quietly with several Qiandu management for a while. The attitude of the network management center was very clear and did not give Qiandu a chance to bargain at all.

Forced by helplessness, Li Yuanhong could only agree to this deadline.

Next came the other details. The three parties negotiated for more than seven hours before finalizing the relevant plan for joining Qiandu.

After the meeting.

Jiang Miao and Li Yuanhong met alone.

After pouring the other party a cup of tea, Jiang Miao smiled and said, "Mr. Li, what a good strategy."

"Uh? Why did Mr. Jiang say this?"

After taking a sip of tea, Jiang Miao smiled and said, "Why would Mr. Li ask knowingly? 25.8% of DFJ's shares must already be in Mr. Li's hands."

"Sure enough, I can't hide it from Mr. Jiang." Li Yuanhong also knew the reputation of Huang's International.

He took advantage of the news that Qiandu's business had been hit, and that the Suiren Department might have refused Qiandu to join the Chaoxin platform because Qiandu's proportion of foreign capital was too high, and he successively repurchased a large portion of the shares from a number of foreign shareholders. .

At present, the shareholding ratio of Qiandu’s founder team has increased to 52.3%, and they have relative controlling rights.

This is why Li Yuanhong was able to defy public opinion and cut off the unqualified parts of the advertising business, just because he held the controlling stake.

Jiang Miao took out a document from the drawer and handed it to Li Yuanhong: "This is the Qiandu shares held by Huang's International. You should complete the privatization and delisting of Mi shares as soon as possible!"

Although he knew the power of Huang's International, Li Yuanhong still underestimated Huang's International. After all, the Suiren Department had too much information. With the foresight and foresight, it was difficult for listed companies to escape the acquisition of shares.

After looking through the documents, it contained 17.63% of the shares.

"I am willing to pay a premium of 1.5 and buy back these shares, but the money will take some time."

Jiang Miao smiled: "It doesn't matter, these shares will be lent to Mr. Li by Huang's International, and they can be redeemed within three years."

"Thank you."

The two parties signed a repurchase memorandum. Qiandu will repurchase these shares at 150% of the cost price of Huang's International acquisition, and then calculate the annual interest at 12%, allowing Qiandu to repay the entire repurchase amount within three years.

After acquiring this part of the shares, plus the shares held by their founder team, as long as they acquire some more shares, they can approach the 75% mandatory delisting line.

In addition, Qiandu is registered in the Cayman Islands, making privatization and delisting more convenient.

As for re-listing, either choose A-shares or Hong Kong stocks, and there is no need to think about other places.

Qiandu's change of flag will have a huge impact on the domestic Internet. This incident marks the collapse of the three giants of ABT.

At present, Suiren Group has concentrated on Sohu, Qiandu, NetEase, JD.com and 360, as well as Xiaomi and Kingsoft.

The only Internet companies that have not joined Chaoxin Platform and Fuxi System are Penguin, Alibaba and Xinlan, and they are also the three most stubborn ones.

The confrontation between the two camps, with thousands of defections, appeared in a situation of ebb and flow.

I don't know how long the remaining three families can resist. As time goes by, the room left for them to swing has become smaller and smaller.

Just when the Qiandu negotiation team came to Shantou and Mei for negotiations, Zhang Weixin and Lin Baijie left Shantou and Mei for Chang'an in Qin Province.

They received Huang Xiuyuan's instructions to go to the west for inspection and research for the next industrial layout.

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