Reborn in 1991, helping dad become the richest man

Just like the piracy in the previous life.

This kind of thing is not edible. Once a family has one, it is unlikely to go bad and they will rarely buy another one.

Therefore, although the income and economic level of the global population are increasing both at home and abroad, the sales of VCDs are declining.

And it has come to this.

Wanhua naturally couldn't just stand by and watch.

With sales declining, Wanhua will inevitably have to reduce its production capacity.

In order to reduce production capacity, many factories have been built in recent years.

Fortunately, Huaxing's production capacity is still a little insufficient, and at the same time, the old Tang family's smartphone company is about to set up a production line.

Although Wanhua's VCD factory is not for producing mobile phones, as long as the factory is there and the people are there, it's fine. The equipment inside can be updated from time to time.

Tang Yichen nodded. "Well, that's the best. Huaxing's production capacity is indeed too small. Domestic sales are not enough, and exports are even more difficult. Expanding production capacity will also allow Huaxing to further increase its export strength and prepare for listing!"

Tang Xionghua nodded: "Yes! With global exports and expanded influence, the stock price is bound to rise even higher.

However, this matter cannot be rushed at the moment.

If Huaxing wants to go public, it will have to wait until this year at least to become a state-owned enterprise!"

At this point, Tang Xionghua paused and changed the subject: "I talked to IDG about Xiongchen Map's financing today!"

"Huh?" Tang Yichen looked at his father in confusion.

Tang Xionghua immediately laughed: "Today, IDG, Carlyle, and 3I all asked me if I had any plans to raise some capital for Huaxing, or if I had any plans to raise capital for other industries under my umbrella."

"Haha! Huaxing, they are so beautiful!"

Yi Chen couldn't help but grin.

Now you still want to raise funds for Huaxing, what are you thinking?

Is Huaxing short of money?

This is a cash cow company.

Financing them, isn't that the same as giving them money? They are not Tang Yichen's brothers, and Tang Xionghua is not their father.

Tang Xionghua also said with a smile: "Of course, I said Huaxing is impossible, but the navigation map of my Internet company can accept financing!"

"What did they say?" Tang Yichen was curious.

After all, at this juncture, Tang Yichen and his son have already made a map of their own. The Tang family is now mentally prepared to independently support themselves until the Internet winter is over.

Of course, if he can raise funds, as long as it is not the kind that is sold at a low price, Tang Yichen naturally hopes to raise funds.

After all, Tang Yichen felt heartbroken when he was burning his own money!

Although the Tang family is worth hundreds of billions of dollars, those are just estimates.

The cash is all the money taken back from Mi Stock, and now there is only about 2 billion RMB left.

Things like navigation maps are not only very expensive, but also have no output.

After all, you can’t pop up ads when someone is navigating!

It can be said that navigation maps are one of the most difficult Internet companies to monetize.

But the Tang family needs it.

“They said they would go back and discuss it, and they said it was definitely not perfunctory!

As soon as Tang Xionghua finished speaking, the phone rang.

Tang Xionghua took it out and looked at it, then laughed and said, "See, just mention Cao Cao and he will appear."

Xiong Xiaoge’s phone call!

As the first few investors, they had Tang Xionghua's personal contact information.

So now there is no need to contact through Tang Xionghua’s company’s secretary, the money can be directly transferred to Tang Xionghua.

"See what he means?" Tang Yichen said with interest, and then fell silent.

Tang Xionghua didn't move. He raised his phone, pressed the answer button, then pressed the speaker button. Then he smiled and said, "Old Bear, any good news?"

"Indeed!"

Tang Yichen was not unfamiliar with Xiong Xiaoge's voice. Hearing this voice, Tang Yichen naturally couldn't say a word.

Listen to his follow-up quietly.

"Well, I just finished a video conference with headquarters. Regarding your navigation map, Director Tang, with my guarantee, the company has agreed to invest, but..."

"But what?" Tang Xionghua glanced at Tang Yichen and spoke with a smile.

Xiong Xiaoge's voice softened a bit on the phone: "However, the company's intention is that investing only in navigation maps is meaningless. The head office's intention is to acquire shares in Xiongchen.

This is also a condition. If you can let us invest in Xiongchen, then the navigation map will be valued at 500 million MiG according to your offer!"

At this stage, Tang Xionghua's offer of 500 million yuan for the navigation map is actually a huge price.

In other words, he had never really thought that they would need financing.

After all, the current environment is too bad.

Unexpectedly, Xiong Xiaoge really gave him a surprise.

He actually agreed to this outrageous price.

However, they have nearby conditions.

Of course, it’s a good thing that he has it, otherwise Tang Xionghua and Tang Yichen would suspect that they have a problem with their brains.

After all, it is indeed outrageous that a navigation website that has not yet been launched is valued at 500 million US dollars.

IDG’s idea can only be described as very bold.

In other words, the people at its headquarters are still somewhat far-sighted and will not develop a rejection mentality towards the entire Internet just because of the sluggish market.

After all, at this juncture, the US stock market is still declining, but they still dare to invest in Internet companies, even if it is an Internet company founded by Tang Xionghua.

However, the Internet company founded by Tang Xionghua has been no different from other Internet companies so far. It has been operating at a loss and burning money.

Tang Yichen was very surprised that someone dared to enter the market and actively asked for financing at this time.

"Xiong Chen?" Tang Xionghua repeated these two words.

On the phone, Xiong Xiaoge nodded immediately: "Yes, Mr. Tang, your Xiongchen, including the Xiongchen Forum and your PP!"

Tang Xionghua smiled, glanced at Tang Yichen, and then said directly: "How much do you value my Xiongchen?"

"Ten billion MiGold, Mr. Tang, do you think this valuation is sincere enough?" Xiong Xiaoge was very confident.

Yes, there were not many Internet penguins that could reach a valuation of over 10 billion US dollars before the Internet winter.

And now at this time, they can still give a valuation of 10 billion MiGold. It can be said that the valuation is completely based on the form before the bubble.

"Very sincere!" Tang Xionghua had to admit that the valuation they gave was indeed high enough.

However, this does not mean that Tang Xionghua agrees to their investment.

Xiongchen, the future is destined to be something worth trillions of dollars.

Tang Xionghua believed this, and Tang Yichen was even more clear about it.

Because he will control one-fifth of the world's traffic in the future.

The value of this is too great.

But that's why.

Xiongchen can be listed in the future, but unless something unexpected happens, Tang Xionghua will not be able to raise funds.

The Tang family has the ability to monopolize this market.

In other words, it has the ability to independently support the current gold-eating process of this money-eating beast.

This is fundamentally different from a navigation map.

So, at this moment, Tang Xionghua said happily to Xiong Xiaoge, "Does Director Tang agree?"

Afterwards, he smiled and shook his head: “No, no, no… Xiong Chen, I currently have no financing plans.

Moreover, although the valuation you gave is very sincere, it is still far from enough for me!"

"Mr. Tang, this is acceptable. Ten billion MiGold, not RBM!" Xiong Xiaoge emphasized.

Tang Xionghua's smile remained unchanged: "Of course I know it's rice gold. If you said RMB, then I wouldn't say you are sincere!"

This made Xiong Xiaoge on the other end of the phone choke.

He didn't expect that after calling with great enthusiasm, this would be the result.

He even wanted to loudly question Tang Xionghua on what grounds he had.

Why is he still not satisfied with IDG's valuation when the global market is in such a mess?

Of course, with Tang Xionghua's current status, he didn't dare to say that.