The Light of Domestic Products: The whole world begs me to sell

Chapter 160 Mountain City International Auto Show! (seeking subscription)

Director Zhang, who figured out the key points, beamed with joy.

This plan is really awesome!

I have to say that Feng Rong, a member of the investment circle, is really good at capital operation, and this plan is absolutely the best solution for Phoenix at the moment!

Thinking of this, he said excitedly:
"Boss, I've known Feng Rong for so long. I think this plan is okay!"

"The core business of our Phoenix right now is electric motorcycles and future Phoenix cars. If it's just Phoenix Shared Cars for financing, it's totally acceptable!"

"Besides, once we cooperate with top capital groups like Turtle Collar and Sequoia, we can make more use of their connections in the future!"

Hu Lai nodded. If it wasn't for Feng Rong's sudden financial strain this time and asking Feng Rong, he would never have thought that Phoenix Shared Cars could still operate like this.

Capital operation, it seems that professional talents are still needed to play!

"Old Zhang, don't delay this matter, hurry up and call Song Yang and Zhang Feiyang, let's discuss it!"

"it is good!"

Director Zhang personally notified that Zhang Feiyang, who had just parted ways, rushed to the Phoenix headquarters in a daze. Not long after, Song Yang also came to the office.

Seeing that the most important executives of the Phoenix Group were present in the office, Hu Lai didn't talk nonsense, and directly stated his thoughts.

And when Hu Lai explained the general plan provided by Feng Rong, Zhang Feiyang and Song Yang understood what it meant.

"Is our Phoenix Car Sharing ready to accept financing?"

The two were quite surprised, but after a while, Song Yang was the first to react!

Pie in the sky!

Song Yang was very pleasantly surprised. He is the CEO of Phoenix Shared Cars, and he is far more interested in the development of shared cars than Hu Lai!
Now the situation of Phoenix Shared Cars in Shancheng City is very good, and because of the FH0008 incident, the brand popularity of Phoenix Shared Cars is widely known across the country.

Due to the lack of funds, Phoenix Shared Cars did not expand to the first-tier cities. If they can really get financing, then Phoenix Shared Cars is absolutely unstoppable!
The first batch will be rolled out in first-tier cities first, and then expanded to surrounding counties with the city as the center, and the car-sharing network will soon be rolled out!
The more Song Yang thought about it, the more excited he became, and Zhang Feiyang who was beside him also came to his senses.

"Song Yang, it's time for me to hug your thigh. You guys need to place more orders for 'Dragonfly' and 'Mayfly' when you get financing for your shared car!"

Zhang Feiyang laughed out loud, and he also wanted to understand that once shared cars get financing to expand across the country, the least purchase is shared cars.

A mountain city needs thousands of shared cars, not to mention several big cities!

That's tens of thousands of cars!

"Haha, Feiyang, this is all an internal matter of our group, the meat is rotten in the bowl, why don't you hug your thighs!"

Hu Lai watched the two people pretending to be polite, and felt in his heart that this move really made the entire Phoenix Group move.

Next, Hu Lai arranged for Song Yang to make corresponding plans, and Feng Rong also flew to the mountain city near the end of get off work in the afternoon.

Hu Lai was already waiting in the office.

"Haha, Mr. Hu, long time no see!"

After exchanging a few pleasantries, the two directly talked about financing.

Before Hu came, he knew the general situation of financing.

Generally speaking, after a start-up company is established, the first financing is the seed round.

The amount of the seed round is very small, ranging from hundreds of thousands to one or two million.

The most common financing is to start with the angel round, and then the A round, B round, C round, and D round of financing. When the C round or the D round is obtained, it is almost always close to listing.

The core of the entire investment process is actually the knockout game.

From the A round to the D round, the next round of financing can only be entered after being favored by market funds, and the amount of financing obtained in each round is much higher than the previous round!

This kind of financing will continue until the listing, and the investment groups participating in the A to D rounds of investment will also make a lot of profits after the company is sold after the listing. This is the whole process of financing and investment.

Feng Rong looked at Hu Lai:

"Mr. Hu, companies like Phoenix Shared Cars, which have been in operation for several months and have a very clear overall business model, can directly conduct Series A financing if they want to raise funds."

"If the development in the first-tier cities is also good, the B round of financing can be conducted immediately."

"Under normal circumstances, the amount of A-round financing is around [-] million."

One billion?

Hu Lai weighed it in his heart, even though he only spent 500 million yuan when he bought the snail car sharing car from the Yema factory.

But these days, I have purchased "Mayfly" and "Dragonfly" one after another, and spent a lot of money.

One hundred million is still a little less.

His face remained unchanged, waiting for Feng Rong to continue.

Feng Rong was not in a hurry either, with a smile on his face:

"However, the business model of Phoenix Shared Cars has been verified and profitable, and because the FH0008 incident has a certain degree of popularity across the country, the amount of financing will not be too low."

"According to my current valuation of Phoenix Shared Cars, I estimate that taking out 25% of the equity can raise about 10 billion yuan in the A round."

One billion?
Hu Lai was taken aback for a moment, one billion for the A round?
Isn't this selling Phoenix Shared Cars? It's just a 25% stake that can be exchanged for one billion?
Most importantly, according to what Feng Rong said, this is only the A round of financing!
Hu Lai was a little moved.

Feng Rong continued:

"When shared bicycles were the hottest in the early years, even Alibaba and Tencent Baba personally ended up!"

"Several bike-sharing companies have raised tens of billions. Although the concept of sharing is not very popular now, the situation of Phoenix shared cars is slightly different."

"If the B round of financing, I estimate that more than 60 billion will be no problem!"

B round of financing 60 billion?

Hu Lai's heart skipped a beat. Before he could speak, Feng Rong said with emotion:
"If the B round ends and there is a C round, then there may be a financing amount of 100 billion or 200 billion, or even a direct listing."

"Mr. Hu, you have to know how long it will take for Phoenix to earn 100 billion based on the profitability of car sharing alone! This is the charm of capital!"

"If it can be listed in the future, it can also be listed in the Americas or A-shares, that will be even more incredible!"

Feng Rong's last words completely moved Hu Lai.

Phoenix's car sharing itself is not part of Phoenix's core business. Besides, if car sharing continues to develop in the mountain city as it is now, when will it earn 100 billion?

"Okay! I agree to the financing."

Hu Lai no longer hesitated, and the two discussed until late into the night. Finally, under Feng Rong's personal suggestion, Hu Lai decided to introduce four investment groups: Gaoling, Sequoia, Shenzhen Venture Capital and IDG.

Before concluding the discussion, Feng Rong suddenly suggested to Hu Lai to bring in the officials of Shancheng City and let the officials participate in a certain amount of equity.

Hu Lai thought for a moment, and figured out the key points, and couldn't help but sigh.

"Mr. Feng, it's still you who are thoughtful, especially the introduction of Shancheng officials is really necessary for the future development."

"In this way, Phoenix Shared Cars has introduced Yan Country's top venture capital company, and we can rely on your contacts for future expansion in cities across the country."

Hu Lai paused:
"Next, I will arrange for Director Zhang to contact the remaining investment groups to see if they are willing to invest."

Feng Rong laughed, who would refuse to invest in Phoenix Shared Cars!
Just kidding, Phoenix finally let go of the financing, how could it not seize this excellent opportunity!

Even if the car-sharing project is not very good, if you reject the Phoenix factory this time, then next time Phoenix has other financing, it will be your turn?

Think beautifully!

Moreover, the most important thing about capital investment is not whether it can make money in the short term, but the most important thing is whether it can be listed.

With the excellent financial report and business model of Phoenix Shared Car, it is not impossible to go public!
This alone is enough to make the investment group tempted.

After discussing the details of the fundraising, the two relaxed.

While chatting, Feng Rong couldn't help thinking about the fact that Rebus of the Rice Group wanted to purchase Phoenix technology authorization.

He wanted to ask Mr. Rebsley, but he didn't ask nonsense, but asked about the phoenix "Qingluan".

"Mr. Hu, I saw that you have been targeting Zesla model 3 a while ago, even at the press conference. Are you fighting against Zesla?"

"I still want your 'Qingluan' series. Now it is rumored on the Internet that you will debut at the Shanghai International Auto Show?"

Haha!

Hu Lai couldn't help but smiled wryly. According to the original plan, it was indeed launched at the Shanghai International Auto Show, but it's a bit difficult now.

He didn't shy away from it, and simply told Feng Rong about Du Xinxin.

Pursuing the ultimate detail?
Feng Rong didn't comment after listening to it, but had to admire Hu Lai's courage!
If Phoenix can really optimize the details perfectly, then the competitiveness will be raised to a new level.

He secretly glanced at Hu Lai, feeling a lot of emotion in his heart.

Rebus of Rice Group is still worried that there is no core technology, no top technology, but what about Phoenix?

Has begun to pay attention to quality and details, began the pursuit of extreme...

A little too much.

Grow so fast!

In the following time, Hu Lai and Feng Rong kept in close contact. With Feng Rong's fundraising plan, Phoenix soon reached a round of financing with several investment groups.

In the end, Gaoling exclusively took 10% of the shares, and the remaining three Sequoia, Shenzhen Venture Capital, and IDG each took 5%, and Shancheng City Official also got 10% of the shares.

This time, the shared car financing diluted a total of 35% of the equity, and got 18 billion in cash.

After the first tranche of funds was in place, according to Song Yang's expansion plan, he immediately placed an order for [-] "mayflies" and [-] "dragonflies" with Phoenix Motors.

At the same time, the pick-up and return points and charging piles of Phoenix shared cars in the four major cities of Beijing, Shanghai, Guangzhou and Shenzhen have also begun to be constructed.

In related financial reports, there was also news that Phoenix Shared Cars was raised in Series A financing by several top investors in Yanguo.

News came one after another, and even the A-shares, which had been sluggish, suddenly broke out a wave of daily limit on the theme of "sharing cars".

There is a lot of excitement on the Internet.

"I really stepped on shit! After so many years of trading in stocks, the first time I was hit by the daily limit was because of the hot news about Phoenix's car sharing. Phoenix is ​​awesome."

"Brothers, quickly increase your position. This wave will definitely take off. The four top investment groups in China are all optimistic about Phoenix Shared Cars. This topic will definitely be speculated."

"I'm afraid the ones upstairs have lost their minds, and they want to take off for everything."

"Hahahaha, the netizens who have been envious of the mountain city before, now that Phoenix is ​​finally ready to operate in S city, won't this wave directly kill other car-sharing companies?"

"It's awesome, it's awesome, Phoenix has accelerated the pace of expansion, which makes me look forward to 'Qingluan' even more!"

The news about the A-round financing of Phoenix Shared Car appeared on the Internet again, and after Hu Lai learned about the financing, he naturally focused his work on the improvement of "Qingluan".

Also because of the change in Phoenix's concept, the promotion of the entire "Qingluan" on the Internet has gradually decreased.

As the Shanghai International Auto Show is approaching, Zhang Feiyang has determined that "Qingluan" cannot debut at the Shanghai International Auto Show.

"Boss, in the past month or so, we have made a lot of changes to the interior, and all the details that were not done to the extreme are all required by the highest standards."

"After our discussion, it will take at least two months for 'Qingluan' to be mass-produced, and the Shanghai Auto Show will start in half a month. It must be too late!"

"Now the organizer asks us to submit the exhibition materials, we can only cancel it!"

Zhang Feiyang came to Hu Lai's office early in the morning. Since he decided to change the interior design, the "Qingluan" project team of Phoenix Motors has been working overtime, but in the end it still couldn't catch up with the Shanghai Auto Show.

Hu Lai sighed, and he also knew that the project team had tried their best.

There is no other way, since I have decided to adopt Du Xinxin's plan and let Phoenix pursue the ultimate, I will naturally have to bear the consequences.

Zhang Feiyang was also very frustrated. The release of "Qingluan" at the Shanghai International Auto Show was the best choice. This is the most influential international auto show in China!
"Boss, since you can't participate in the Shanghai Auto Show, you can only wait for the Chengdu International Auto Show."

Hey!
Hu Lai sighed inwardly, forced a smile on his face, and comforted him:
"It's okay, let's..."

Before he could finish speaking, he suddenly heard a noise coming from the door downstairs.

But after a while, I heard Director Zhang's voice:

"Leader Gao, are you here?!"

Hu Lai was stunned for a moment, and quickly looked through the window of the office. It turned out to be the city leader whom he hadn't seen for a long time, Gao Ming!

Gao Ming came here suddenly, what's the matter?
Hu Lai interrupted the conversation with Zhang Feiyang, and when he was still thinking about Gao Ming's coming, Gao Ming had already arrived at the office accompanied by Zhang Feiyang!

"Leader, I haven't seen you for a long time!"

Hu Lai warmly greeted him, Gao Ming also looked very happy.

"Mr. Hu, you are very thoughtful about the investment in car sharing."

"You have been developing well recently. If you have any difficulties, remember to bring them to us in time. If the city can solve them, it will definitely be solved."

Hu Lai was polite, and then introduced Zhang Feiyang.

When Gao Ming heard that Zhang Feiyang was the CEO of Phoenix Motors, his eyes lit up.

Just as Hu Lai was still speculating on Gao Ming's intentions, Gao Ming changed the subject:
"Mr. Hu, I'm here this time for Fenghuang's new car 'Qingluan'."

Both Hu Lai and Zhang Feiyang were stunned, for "Qingluan"?
Gao Ming took a sip of tea, his face a little embarrassed:
"It's like this. Although our mountain city is known as the capital of automobiles and motorcycles, it has always been dominated by motorcycles, and the automobile industry chain has never developed."

"In this year's work report, one item is to vigorously develop the automobile industry, and the key work content is to establish the 'Mountain City International Auto Show'!"

Mountain City International Auto Show?
Hu Lai and Zhang Feiyang looked at each other, and they seemed to understand each other's meaning in their eyes.

Nima, this...!
"As you all know, apart from Fenghuang in our mountain city, there are only two well-known auto companies, Changan and Lifan, and they don't have very good products in the field of new energy vehicles."

"I read reports on the Internet that it is said that your 'Qingluan' will debut at the 'Shanghai International Auto Show', so I am here this time because I especially hope that your 'Qingluan' will debut at the Shancheng Auto Show!"

"Of course, we will promote 'Qingluan' as our flagship model at the auto show, and all media advertising resources will be inclined towards you!"

What the hell!

Hu Lai's heart thumped, this is really another village.

Before he could speak, Zhang Feiyang asked eagerly:
"Leader, when will the Mountain City International Auto Show be held?"

Gao Ming: "We plan to start the 'Shanghai International Auto Show' two months after the end, so you will postpone the launch of the new car for two months!"

After finishing speaking, Gao Ming also felt that his request was a little too much, and said apologetically:
"Of course, I also know that the city's request is a bit excessive, but we will also give Phoenix some compensation."

"If you are willing, we promise that all Shancheng citizens who buy 'Qingluan' at the auto show will be given 2000 yuan in electricity subsidies for each car, and we will not charge parking fees in most public parking lots in Shancheng!"

There is also an electricity subsidy!

Hu Lai and Zhang Feiyang looked at each other again.

"Qingluan" can catch up with the time of Shancheng International Auto Show!
At first, I thought it was a pity that "Qingluan" could not participate in the Shanghai International Auto Show. If I could participate in the Shancheng International Auto Show, even if it was just a new auto show, but the traffic resources of the auto show were all tilted to "Qingluan", the effect would definitely not be bad of!

Most importantly, the leaders of the city now owe Fenghuang a big favor!

"Mr. Hu, our city attaches great importance to the Shancheng International Auto Show, not to mention reaching the popularity and scale of the Shanghai Auto Show, but we hope that after a few sessions, we can compare with the Chengdu International Auto Show."

"Ha ha!"

Hu Lai was determined that the final effect of "Qingluan" would definitely not be bad under Du Xinxin's pursuit of perfection, and it would definitely attract widespread attention!

Similarly, the Shancheng International Auto Show, which will be the first auto show, will also receive a lot of attention!

He couldn't help feeling high-spirited:
"Leader, our 'Qingluan' can debut at the Shancheng International Auto Show!"

Gao Ming's eyes widened, he didn't expect Hu Lai to agree so easily, overjoyed: "Really?"

"That's fake!"

……

PS: Thank you Yubieda for 100 coins

Li Xuan Ye Da Da 100 coins

(End of this chapter)