In some books and essays, are they used to comparing China's business community to the rivers and lakes?There may be one reason why Chinese people like to push in business!As long as a certain business makes money, all businessmen will flock in.

For example, in the age of the downfall: 900 million people per billion have fallen, and there are 100 million people still looking for.For example: VCD era.

Therefore, in 2016, reviewing China's business process since the reform was really similar to the rise and fall of the famous genre in martial arts novels.Several winds and rains and autumn.

Shortly after the "Phoenix Film and Television Appreciation Banquet" on October 10, 2016, various rumors in the rivers and lakes were raging, but they seemed to be quiet.

It was in this calm atmosphere that Jing Gao had a simple and warm birthday to his girlfriend Li Mengwei in a courtyard in the capital on October 15.A small jade Buddha pendant made of the emperor green jade he bought from Ren He was presented to Weiwei.

However, the gathering of dark clouds will eventually turn into a storm!In a few days, after Cai Congxin took over this matter, he kept meeting with top domestic investors, with the heads of state-owned enterprise capital, and with the shareholders of Didi.

In the afternoon on the 17th, before Didi issued the news of a media conference at the Magic Peninsula Hotel at 19:00 tonight, Cai Congxin held an internal small-scale core meeting in the Peace Hotel where he lived.

There were only four participants: He, Cheng Wei, Liu Qing, and Ren Zhi.

Since its opening in 1929, Peace Hotel has always been a landmark of Shiliyangchang.And it is located in the most prosperous business district of the city: Nanjing Road.It was once known as "the first floor of the Far East".

In the living room of the luxurious suite on the 12th floor, Cai Congxin, who was 53 years old at the time, sent out all his assistants and sat on the sofa with Erlang's legs tilted and smoking a cigarette.

As a younger brother, Cheng Wei is reporting his achievements in the past few days, “Mr. Cai, the shareholders visited by Mr. Ren and I basically agreed to continue to hold Didi’s shares and agreed to sell some of the shares to us. In this, Mr. Ren helped me a lot."

Ren Zhi is the youngest of the few present, at the age of 23.White and pure appearance.For today's party, he also specially brought a flat mirror to add a sense of stability.At this time, humbly said: "I am also optimistic about Didi's development prospects."

He mobilized US$1 billion in a week to purchase shares in Didi.When he and Cheng Wei went out to talk, they both recovered shares in the name of Didi.But it was actually eaten by him.Of course the price is a bit high.

Didi's highest valuation in early September was $33.5 billion.Now the valuation has fallen to about $22 billion.This is the latest valuation given by the consulting company.Ren Zhi was acquired at a valuation of 30 billion U.S. dollars, with a total of about 3.3% of Didi's shares.

He successfully became a shareholder of Didi, and incorporated the big data algorithm of Xinghan Digital Technology, which he controlled and mastered, into the operating program of Didi.

As we all know, artificial intelligence and big data algorithms require a large amount of sample data to be upgraded iteratively.The one who did the best in the recommendation algorithm was a short video company.The house where he knelt after being threatened by the king after going out to sea.

Cai Congxin nodded, and praised: "Manager Xiao Ren has worked hard."

With Cai Congxin's status in the arena, it is completely okay for him to call Ren Zhi a "little ren".However, considering the status of Ren Zhi's father, Ren He, in the domestic business community, he cannot put his predecessor's profile in this way.In this game, are they using Renzhi's funds?And the prestige of Galaxy Group!

Liu Qing went on to say: "Mr. Cai, I have learned specific information here. Uber's new round of financing on October 14 only received less than $800 million in financing. In the next competition, just A drop in the bucket. Venture capital institutions such as Hongbin Capital, Zhen Fund, IDG Capital, Hillhouse Capital, etc. have all chosen not to sign the contract when the negotiation is reached."

"Unexpectedly." Cai Congxin lit a little soot, and Shen Nanpeng and the others talked about it personally.Pass a copy of the information at hand to Cheng Wei, "This is the personal information of Jing Gao, the actual controller of Phoenix Fund. You can pass it on."

Jinggao's acquisition of "Yida" under the name of LeTV will allow Guanguan to check Mr. Jia's background.Now that Ali and Phoenix are already tit-for-tat to this level, how could the Ali department not check the bottom of the well?

This personal information was more detailed than what Shao Sisi, the assistant chairman of Fangyuan Group and Jing Gao's classmate, found out that day.

"Mr. Cai, this..." Cheng Wei looked through it, and was extremely surprised. Jing Gao's resume was very unreasonable!Seeing the doubts on Liu Qing and Ren Zhi, they reacted, split the information in their hands, and handed them to Liu Qing and Ren Zhi.

Cai Congxin smokes a cigarette leisurely, a gangster style, after the three of them have read it, slowly said: "Through this material, we can clearly see that some rumors about Jing Gao, such as him It is the rich second generation of northern Jiangsu that can be ruled out. His relatives in the five servers have already checked, and there are no rich people."

A "within five servers" reveals the means and pride of Ali!

Ren Zhi took a deep breath.This situation was actually completely beyond his expectation.

As far as the news he knew, whether it was from his father, sister-in-law, or learned from the circle of friends, they basically assumed that Jing Gao was a rich second generation in Sujiang Province.After all, China’s GDP is now the second largest in the world. Isn’t there a hidden rich in the private sector?There is 80%.

But this reasonable explanation has been completely overturned so far.

Cheng Wei said with emotion: "Mr. Cai, Jing Gao, who has always been mediocre, suddenly became rich in April this year and began to consume and invest heavily. He owns textiles, real estate, banks, venture capital, film and television, The assets of online car-hailing. It seems strange no matter how you look at it!"

Liu Qing nodded in agreement.

Of course, she doesn't think Jing Gaohui is a foreign spy, and is funded by certain organizations.The logic is the same as when Zhao Canglong checked the bottom of the well. How can any spy agency give $20 billion to a person?

Really treat the dollar as waste paper?Don't even think about such things.Internet articles dare not write like this.

Cai Congxin pointed to the coffee table in front of him and said: "I have entrusted friends in the domestic banking system to check that all Jinggao's sources of funds are legal. The key is that he is unreasonable.

However, it is impossible for us to find his 24-hour surveillance video during those days in April.My assistant told me that the video retention time of general public surveillance is three months.

Therefore, we don't know who he met at the time and he suddenly became rich.We can only make a bold and reasonable speculation that he is currently the agent of certain overseas funds coming into China!"

The scale of foreign investment in China each year is an astronomical figure.According to statistics and published data, China attracted as much as US$126 billion in foreign investment in 2015.Note that this is only one year's data!

Moreover, this is funds through formal channels, and does not include hot money coming in through underground banks and shadow banks.

Cheng Wei sat on the sofa, took a drink of mineral water, shook his head and sighed, "Unbelievable."

Cai Congxin smiled and said, "It's unbelievable to believe it. Think about it, isn't he doing a good job these few months? If Uber can merge Didi, as long as it is listed on the Nasdaq, the financial owners behind him But a big profit!

Therefore, we cannot despise him because of his poor work experience after graduation for five years.Nor can we deny him just because he was studying at a second university and failed in the college entrance examination competition.In fact, we cannot use the traditional elite template to apply to this person.

You are still young, Xiao Ren's father should know something.In the era of burning passion, how many rich people who made their fortunes started out of the grass and stubbornness.Let me give a few examples.

At that time, the national entrepreneurial idol, what is the education of the country's richest man, Mou Qizhong, and at how old did he start to show his business talents?

What did Hu Guangbiao, the CEO of Iduo VCD, who had received the treatment of Philips headquarters carpet and private jet in the past, do?

Another example is Gome's Huang Guangyu, what degree is he?Junior high school graduated.Also boarded the throne of China's richest man.

Therefore, the experience of extraordinary people must be extraordinary.Of course, these reckless heroes can eventually transform the dragon, and only a few people can survive under their names.Let’s go, I guess this time I’m going to be a goldsmith for Jinggao and Phoenix Fund."

Ren Zhi nodded convincingly.The three words "inspection stone" show Mr. Cai's strong self-confidence.

Cai Congtong: "So, based on this judgment, our next response strategy is very clear.

First of all, we have to assume that Jing Gao has an extremely large amount of liquidity in his hands.This is the worst case scenario.But we must make such a presupposition.The Phoenix Fund’s price war fought so fiercely that it burned 3 billion US dollars a month. It must be confident.

Second, we should clearly see that Phoenix Fund's domestic commercial foundation is very weak.Only to ensure that they have a firm foothold.The influence of Ali is not the same as our whisper.

So, first, we should make it clear to the employees and don’t be afraid.In the field of the Internet of Flowers, Taobao did such things as burning money to kill opponents.There was a thousand regiment battle.In the past two years, your car-hailing field has also been there.

This is an internal problem.It must be solved first.A team can only win if morale is restored.Xiaocheng, you and Liu Qing will be in charge.Some overtime subsidies can even be given appropriately."

Cheng Wei said convincingly: "Okay, Mr. Cai." The boss's perspective is different.In the fierce competition, first emphasize doing your own thing.

"Second, how do we kill Uber?

I basically agree with Liu Qing and Xiao Ren's judgment.China's market size and capital are not enough to support the two online car-hailing giants to burn money.We have to face reality and Didi is in a defensive state.We will save money and protect Didi's survival in key cities!Uber can take the bulk of the share.

There is an old saying in China, "It is hard to be strong and soft to be soft."'We can't blindly defend.It is also impossible to hope that Uber will burn all the money within a few months.How do we break Uber's offense during this strategic stalemate?

Three points.First, at the press conference in the evening, we must act as a weak person to drive domestic public opinion to resist Uber..."

Hearing Cai Congxin's clear plan, Ren Zhi felt a little complicated.He dared to join Didi, digging a well and sap, just believing that Didi could hold it.But he was too young after all, which was rejected by Mr. Cai.

Mr. Cai's thinking is very clear, and he cannot burn money with Phoenix Fund.Even if Didi has the support of two consortia, Ali and Yinhe.Instead, it should compete with other commercial methods.

The question now is how to motivate public opinion to boycott Uber?patriotic?This is nothing to persuade!Didi's shareholding structure is also very complicated.You can say that Uber is a foreign-funded enterprise with limited results.

Behind Cai Congxin was a huge think tank to provide support for his decision-making. At this time, his voice continued to reach Ren Zhi's ears: "

The number of online car-hailing users is extremely large, and these user data cannot be placed in the hands of a foreign company like Uber!We, Didi, will report to the relevant authorities.The ultimate goal is to mobilize national forces to intervene so that we can dominate the merger of Didi and Uber."

I go.

Awesome!

Ren Zhi felt a flash of lightning cut through the dark sky.The haze that was hidden in his heart due to the misjudgment of Jing Gao's identity and the misjudgment of funds disappeared.

And it sounds like Mr. Cai has other means of commercial competition.