Chapter 108 It''s done


    The stock price of Nasdaq has not changed, the brief report on Peak has not received much attention, and the Xiangjiang media only has sporadic reprints from tabloids, everything seems to be calm.


    Yu Xing and Liu Wanying were waiting and watching, but there was no clue at all.


    However, just the day after Guoshanfeng released the report, Fenzhong Media had temporarily formed a team to inquire about the matter.


    The team is very high in specifications. Director Long Jun, Senior Vice President Ma Ruifeng, Vice President Tu Yafang, and Public Relations Director Ji Hairong jointly respond to emergencies outside the company.


    And, we must report the relevant situation to our boss Jiang Nanchun regularly.


    However, after three days of research, I was a little helpless.


    First, I thought I had to pay the PR fee, but the other party did not make any noise.


    Second, I tried to investigate the Kushanfeng Research Company registered in Xiangjiang, but it was arranged layer by layer and it was difficult to investigate the actual controller behind it.


    Third, the contact information on the surface cannot be contacted.


    Fourth, the report issued by this research company is very concise, but it does have a bit of meaning.


    It is because of such a little meaning that the core senior executives of Fenzhong Media are willing to let their wishes, but there is a blank space on the other side and don’t know what it means.


    "Or why should we find someone to hack its website?" Vice President Tu Yafang made a suggestion.


    "Blacking a website will not work, but it will easily intensify conflicts." Long Jun shook his head, "It doesn''t matter such a new website. It can continue to post and can be sent to the media. Now there is an important thing about why it can lock in those things."


    The survey report of Guoshanfeng did not provide specific data, but the number of screens, related transactions, acquisitions and information disclosure are too obvious.


    So... When the head of the sect, Jiang Nanchun, was first furious when he knew the situation, and then secretly asked someone who could trust him to deal with it.


    Senior Vice President Ma Ruifeng said concisely: "It''s still inquiry, but it''s hard to start."


    With such accurate reports, it is difficult not to doubt that there are leaks within the company, but only a few people know about this level of data and transactions.


    It’s not easy to check, it’s really not easy to check.


    Four people were discussing and discussing, and suddenly, the mobile phone of public relations director Ji Hairong rang.


    He looked at the unfamiliar landline number, pointed to the screen, and said, "It''s the landline number in Xiangjiang."


    The three senior executives'' expressions became solemn.


    Ji Hairong took a breath, pressed on the phone, and turned on the voiceover: "Hey, hello?"


    "Hello, is it Director Ji Hairongji of Finnzhong Media? I am Wei Yanli, a reporter from Xiangjiang Economic Daily. This is the number of our office." The visitor reported his identity and asked politely, "Recently, a research report about Finnzhong Media has been circulating on the market. Do you know this?"


    Ji Hairong calmed down his emotions and racked his brains to respond from an interview with a reporter from Xiangjiang.


    The three people next to them thought it was "crossing the mountain" and finally there was a movement, but they didn''t expect it was an interview with the reporter. They didn''t feel relaxed, but they seemed even more solemn.


    Thanks to "crossing the mountain", they now have a rough understanding of the media in Xiangjiang. Unlike previous sporadic tabloid reports, the Economic Daily belongs to a very influential media there.


    Once the Economic Daily reports on a large scale, the situation of the company is likely to become passive.


    Ji Hairong finally finished the call, put down his phone, and said, "We can''t continue like this. We need to have plans to deal with external changes."


    Long Jun asked directly: "What do you think?"


    "I don''t know who is behind this ''cross peak'' and I can''t find out for a while, so I have to deal with it. Since it says there is a problem with the number of screens, we have to prove that it is okay." Ji Hairong has been considering subsequent development in the past two days. "It has to be the famous one to establish two independent third-party institutions for investigation and endorsement."


    "The related transactions...the report is just a suspicious report, and it is better to clarify it."


    “The acquisition problem…”


    Ji Hairong felt a little embarrassed. Those are things reflected in the financial report and are not easy to explain clearly.


    "I have a consideration now. Do you think this ''cross peak'' is something outsiders are doing it?" Senior Vice President Ma Ruifeng suddenly spoke, "It''s not someone inside our company. I think this motivation is relatively weak, but if this is a short selling institution like ''Citron'', isn''t the situation more reasonable?"


    Ji Hairong was stunned: "Can you short selling? This..."


    The formation of the temporary team came from the suspicion of the head Jiang Nanchun, so he aimed at the inside from the beginning.


    But if you look like this, you will feel like everyone else, but you will feel like everyone else.


    Ma Ruifeng said slowly: "It''s not that there is no internal problem, it may be a collusion between inside and outside."


    Director Long Jun asked, "The name ''Bridge Mountain'' is called in China. That thing is King Cobra, but we don''t seem to have a short seller here who specializes in this."


    Ma Ruifeng nodded, and those famous bears seemed to be in Europe and the United States.


    But he immediately said, "Maybe this is to fill the gap in the country where there are no vicious short sellers."


    Long Jun glared at Ma Ruifeng, and he was still in the mood to joke.


    "I mean, if this is a short deal, then what we need to do is to grasp the basic market." Ma Ruifeng explained his idea, "As long as the performance is good, as long as the number of screens we have arranged is more and more, and this side can support the stock price, the company''s troubles will be solved by half."


    He paused and said, "I just don''t know how much things there are in my hand in this mountain peak."


    The report I have seen so far is very brief, but I can''t say whether there will be any further in the future. Everyone has felt the uneasiness of being stared at by a poisonous snake in the dark these days.


    If this poisonous snake is really a king cobra with strong toxicity like its name, it will be more than just uneasy.


    "Although there are some problems with the number of basic screens, the domestic advertising business in this area will definitely increase in the next few years." Long Jun said.


    This is a problem of industry development, and the overall direction is upward, which means that Fenzhong''s performance is long-term bullish.


    As the public relations director, Ji Hairong finally said, "Prepare for the first time, you won''t be so conscience-losing and don''t let you have a good New Year."


    Long Jun nodded slightly: "Thinking about the good, it might be just a blackmail."


    Ma Ruifeng also nodded. Blackmail is better than short selling. The former may not have much stuff in his hands, nor can he spend much money. Short selling is too bad, and the company''s income is far lower than the company''s losses.


    Hope to have a good New Year.


    …


    "I really hope I can have a good New Year."


    "I''m waiting for Finzhong to allocate funds."


    "Xiaoying, you said that the attorneys in the United States will not be slandered, right?"


    On the morning of January 18, Yu Xing squatted downstairs of the company and talked with Liu Wanying, and waited for Zhong Zhiling and Lu Haiying to meet with Shen Nannan and Xu Xin together.


    After all, Song Yufeng is inconvenient, so he and Kong Huilin are waiting for the result in the company this time.


    "It shouldn''t be true. The lawyer''s fee has not been paid." Liu Wanying was also a little nervous on the phone, "In addition, if the SEC successfully fined, the bonus we received would be 20%."


    Yu Xing could only sigh: "It''s so dark..."


    "This is still the price of subsequent cooperation," Liu Wanying sighed. "If you can recruit people by yourself, the cost will definitely be reduced, but... it is still safer."


    The lawyer contacted the Cayman Islands company name, and PUT was bought by different overseas companies through different brokerages. These settings increased costs, but different links were independent of each other, and the sense of security was indeed full.


    Just as Yu Xing was about to speak, he saw the second and third leaders coming out of the community, so he could only say the last sentence: "I''ll send me a message if there is any movement."


    "I don''t know if there will be a response today, there may be a lag." Liu Wanying replied, "I will notify you as soon as possible, send a text message."


    Yu Xing finished the call, got up and moved his numb feet, and smiled at Zhong Zhiling and Lu Haiying: "Are you ready? Are you not as nervous as last time?"


    Whether Zhong Zhiling or Lu Haiying, they all admitted that they were very nervous when they met Xu Xin last time and they reviewed the matter.


    The two of them shook their heads together.


    Lu Haiying said: "I just discussed with Zhiling, want to know who is better, Shen Nanpeng or Xu Xin."


    Yu Xing thought about it and said that Sequoia China, founded by Shen Nanpeng, is developing very fast. It should have a greater influence than Xu Xin in the future, but now... He thought for a moment and said, "Xu Xin has a very old investment experience. She used to deal with 99s. She invested in NetEase in 1999. Now she must be more powerful."


    Zhong Zhiling and Lu Haiying asked in unison: "99s?"


    "It refers to a group of big shots who started their own businesses around 1999." Yu Xing explained, "In 1999 alone, Alibaba, Tianya, Shanda, Dangdang, Yitang and other companies were established, and Sina, Penguin, NetEase... many of them have been successfully listed. BAT is now a giant. Although Sina, NetEase, and Sohu have slowed down, they are still alive."


    "In addition, the reason why Xu Xin and them are mentioned is because their prominent feature is that they embrace capital, and most of them are also listed overseas."


    Yu Xing said this and added: "The environment was just like that at that time, and there was no soil for listing in China."


    Zhong Zhiling thought for a while and asked, "Is this really such a clear division? If there is a 99th school, is there anything else?"


    "I don''t know either. I was chatting with Xiaoying. She told me, but it made sense for me." Yu Xing smiled and said, "Let''s go, get in the car first."


    Today is quite luxurious. I didn’t take the subway, but took a taxi to meet with investors.


    Mainly, there were five people last time, and I couldn’t get in a car, so today it’s OK.


    When he got on the car, Yu Xing chatted: "99 counts forward, there are 84 and 92, which happened to be the time to go south twice. In the era of 84, the market lacked everything, from nothing to something, and more brand groups were established in China, Haier, Midea, Lenovo..."


    "In 1992, the real estate industry has risen, and a hundred thousand troops have gone to Hainan. The six gentlemen of Wantong have fled, including Feng Lun, Wang Gongquan, Pan Shiyi, Yi Xiaodi, Wang Qifu, Liu Jun, and Fosun and Taikang..."


    Yu Xing talked happily, and even the taxi master listened quietly.


    When we approached our destination, Zhong Zhiling was a little leisurely and fascinated: "84, 92, 99, this is what we should have a reputation in our current era."


    Yu Xing only laughed this time, but didn''t say anything.


    If you count this way, it can only be 15. The wave of mobile Internet is sweeping in, and everyone survives and looks for opportunities under the competition of giants.


    The taxi master encouraged him: "Young man, come on, the future is yours."


    Yu Xing smiled and said, "Come on, come on, we must come on, Master, I see you are so attentive to hear that you can talk to other passengers in the future. I will give us this trip."


    The taxi master was also cheerful and decisive: "No!"


    "Then I''ll give it a fraction of it." Yu Xing signaled, "Zhiling, pay."


    Zhong Zhiling successfully wiped out the zeros, and he felt deeply that his senior brother... he would not let the small ones be arrested.


    When we arrived at the office we visited last time, Zhong Zhiling and Lu Haiying looked at Xu Xin who appeared again, and they felt that she had the historical glory of the 99th century development. Yes, Chen Nanpeng who appeared was the same.


    Xiecheng was also founded in 1999. At that time, he belonged to the group of entrepreneurs.


    "Hello, Mr. Xu, Mr. Chen." Yu Xing greeted, "Well, Mr. Chen asked me to come here to meet me."


    "I happened to come here to discuss the gains and losses of JD.com''s investment decisions with Mr. Xu." Chen Nanpeng said with a smile, "It is also a regret for you. If you send another message, will you still send it that way?"


    Yu Xing understood that if he had not mentioned JD.com that way, perhaps Chen Nanpeng would not have reached a certain tacit understanding with Xu Xin.


    He shook his head: "I still send it that way, at least I have won a chance."


    Xu Xin said directly: "Didn''t I give you a chance?"


    "I gave it, I want more." Yu Xing said honestly, "but now it seems like it has failed."


    He looked at Chen Nanpeng: "Do I still need to tell me about Bai Xiaosheng''s model? Mr. Chen, I have a letter of intent to raise funds."


    Chen Nanpeng waved his hand: "I have seen it, the model is clear, the team is OK, the user development is good, there is investment value, and there is room for development in the future. I think it is worth investing, but I have an additional question. Although I have seen many users'' daily activities on your website today, have your main drainage mechanism considered to ease?"


    He smiled and said, "You can''t always use negative news to attract traffic like this, right?"


    "What we provide is actually just an objective and neutral platform, but the actual effect presented is that negative news is more eye-catching." Yu Xing said, "But we think these are true, and this is inevitable that there is some regret, not for Bai Xiaosheng, but for the company that was exposed."


    He glanced at Chen Nanpeng and continued, "Negativeness is not what we pay most attention to. We pay most attention to authenticity. For the workplace, many authentic things can only be posted by anonymous people."


    "Although there is dual authentication of real-name and work, considering the anonymity mechanism, we will also introduce a real-name clarification mechanism from enterprises later, which will surely alleviate some conflicts between us and the B-side of the enterprise."


    Mainly C and take care of B end.


    Chen Nanpeng thought for a moment and thought this was a good setting.


    He looked at Xu Xin and saw that she had no intention of speaking, so he didn''t want to go around again. He said directly: "2.2 million US dollars, 30%, Sequoia China and Today Capital each have 1.1 million yuan. If the website develops well, Sequoia is willing to lead the investment in the subsequent B round."


    200,000 US dollars higher than the previous price, and there are more conditions for the next round.


    That is, the company''s valuation increased by US$666,700.


    "If the company develops well, will it be difficult for the Series B financing?" Yu Xing asked back.


    Chen Nanpeng smiled and said, "Maybe it will be relaxed, but this is the sincerity from our Sequoia China."


    Yu Xing asked Xu Xin again: "Will the previous consultant office still be set up?"


    Xu Xin insisted tactfully: "Bai Xiaosheng was established not long after all, Mr. Yu, don''t regard this as a restraint. In fact, maybe I will make you uncomfortable if I say this, but many companies want us to set up offices, so we won''t go."


    The meeting progressed much faster than Yu Xing imagined, and there was no chance for others to speak, and they directly talked about the prices and conditions.


    He pondered for a moment and said the conditions he wanted: "3 million US dollars, 20%, completely free development."


    Xu Xin smiled and said, "Your valuation is unreasonable."


    Chen Nanpeng nodded slightly and said, "Mr. Yu, I held the annual meeting in Beijing two months ago. 32 CEOs of the company attended, all of which are companies invested by our Sequoia China. I really hope that you can also attend this year''s annual meeting."


    “The $2.2 million A round is already very generous for a website that has been established recently, and this is a ticket.”


    "I actually didn''t think too much and I''m willing to believe Mr. Xu''s vision."


    "You should thank Mr. Xu."


    Chen Nanpeng looked at the hesitant young founder in front of him and said so.


    Yu Xing took a breath. In fact, this condition was expected and acceptable.


    Just as he wanted to speak, the phone in his pocket vibrated.


    Yu Xing took it out and saw that there was a message from Liu Wanying, only two words - it was done.


    It’s done!


    Fenzhong is going to allocate funds!


    We have a funder in the A round!


    Yu Xing kept his expression unchanged, put his phone on the table casually, and said, "Thank you, Mr. Xu."


    Xu Xin smiled.


    Yu Xing continued, "Thank you, Mr. Chen."


    Then, he paused and made a decision: "Let''s put it aside for now."


    Chen Nanpeng''s smile was also stuck on his face.


    Yu Xing stood up directly: "Mr. Xu, Mr. Chen, although there is no cooperation in the A round, you will be our most preferred institution for round B round. Thank you for your approval."


    Chen Nanpeng frowned and asked, "Why? What does shelf mean? Isn''t merged in the A round? I don''t even consider it?"


    Before Yu Xing could answer, his phone suddenly rang.


    Chen Nanpeng picked up his phone and listened to a few words. His expression became a little bad and bad!


    (This chapter ends)