Chapter 407 Financing of Huinong.com

There was still heavy snow falling outside the car window.

It was also because this sudden heavy snow lasted too long that bananas in Guangxi Province were eventually unsalable.

Guo Yang couldn't help but think of the cooperation between Jiahe and the Meteorological Bureau, and wondered if there would be a chance to launch a few exclusive satellites into space in the future.

After several inspections, the car finally stopped in a courtyard. Before Guo Yang had time to take a closer look, a voice came from behind him.

"Mr. Guo, Jiahe is very popular recently!"

Guo Yang turned around and saw that it was Minister Lin. "Minister Lin, I would rather not have this empty reputation. It would be better to do something practical."

"Then what do you want?" Lin Bu smiled. Guo Yang was about to speak when he was interrupted, "Tell your leader what you want later."

Guo Yang could only hold it back in his mouth.

Lin Bu walked forward a few steps and then stopped. "I heard that Huinong.com is going to raise funds?"

"Yeah." Guo Yang nodded. "The Internet industry burns more money than agriculture."

Thinking of the publicity campaign that Weilai Tianjian had made during the Double Eleven, Lin Bu was not surprised. "Let's talk. Huinong.com has played a huge role in helping farmers."

This was a bit puzzling, but Guo Yang didn't ask any more questions.

The two of them walked into a bright office together. An old man was sitting in an office chair reading documents. Hearing the noise, he looked up.

"Drink tea first, make it yourself."

Guo Yang took the initiative to rinse the teacup, which made Lin Bu laugh: "You are really not polite at all."

"Haha, this is Xiao Guo's true character."

To Guo Yang's surprise, there was a box of tea without any words on the leader's desk, but Guo Yang could tell at a glance that it was sesame tea by the appearance of the tea.

At this time, the leader also came over.

"Don't look at it, this is Hanhai red hemp tea, produced around Qingtu Lake in Minqin."

The leader sat down on the sofa opposite Guo Yang and said, "Shahai Agriculture and Animal Husbandry has done a great job in Minqin, and the results of Qingtu Lake have far exceeded expectations!"

Never let Minqin become the second Lop Nur! This instruction once meant many things.

"It is also thanks to the various supports provided by the country." Guo Yang calmly brewed tea. After such a long time of practice, his tea ceremony skills are quite good.

"If there is more policy support, Jiahe can do even better."

Lin Bu said at the side: "You kid, you really don't know how to be polite at all."

"The crying child gets the milk." After drinking a cup of tea, Guo Yang felt that his leader's tea tasted even better.

Lin Bu and the leader also drank a cup of tea. The leader said, "It seems that you have guessed a lot about why you were called here. Then I won't waste any more time. What does Jiahe think about the Hongqi River project?"

Guo Yang did not expect that the leader would mention Hongqi River as soon as he arrived. After thinking for a moment, he shook his head.

“Leader, Jiahe doesn’t understand engineering and won’t touch engineering, but Jiahe understands bioenergy forests.

The leaders of Guangxi Province must have seen the results of the trial production. Three tons of fertilizer can produce one ton of oil. This is just the oil. If the by-products are included, the direct output value of one acre of energy forest is expected to exceed 3 yuan."

Guo Yang paused and continued, “To be honest with you, Jiahe has invested heavily in the research of crop breeding of Xanthoceras sorbifolia and Jatropha curcas. The varieties are evolving very fast. In a few years, we may be able to produce 2 ton of oil from 1 tons of seeds.

However, the southwest has high mountains and deep valleys, and the northwest is dry and water-scarce, and these two places are the most suitable production areas.

Moreover, apart from these two areas where there is sufficient land, most of the land in other areas must be used to ensure food security.

Therefore, the Southwest and Northwest are of great significance for the development of bioenergy forests.”

Both leaders were sipping tea, and Guo Yang was not in a hurry at all.

The Hongqi River project is destined to take a long time, but when his energy and forestry industries show enough benefits, more and more people will want to promote it.

He speculated that many people nowadays are pushing things to the leadership level.

"Huinong.com has done a great job in solving the problem of unsalable bananas in Guangxi Province."

It was still the leader who said this, but the topic changed so quickly that Guo Yang was a little unable to adapt for a moment.

The leader went on to say, “There are more than 1700 agricultural product stores across the country, and this is a remarkable achievement.”

Guo Yang thought for a moment and said, "Serving farmers has always been Jiahe's purpose."

“I hope Jiahe can always stick to its original intention.”

"Will do."

The leader put down his teacup and sat up straight. Guo Yang realized that he was going to get down to business.

"A document will be released soon, about the development of the western region, with a total of 18 projects, including the Dadu River, Lancang River, Yuliang and Laokou shipping hubs in Guangxi Province, western branch airports, and power construction in areas without electricity..."

Guo Yang listened quietly.

"It was originally decided a long time ago." The leader glanced at Guo Yang, "But because of the Hongqi River concept, some forward-looking adjustments were made, such as..."

The leader mentioned several locations, and there was room for maneuver in the project construction plans for several of them.

This little wiggle room is reserved for the Hongqi River concept.

For example, the Yulong Copper Mine in the snowy area of ​​Chamdo, this copper mine located at an altitude of more than 4500 meters, was put into production last year.

The second phase of the project is now under development, with the most important source of electricity coming from the construction of a hydropower station on a tributary of the Lancang River.

Nowadays, some adjustments have been made to the supporting electricity and roads, so that they can at least be used for emergency response when needed.

Guo Yang didn't expect that the upper echelons had already made the arrangements without him noticing.

The leader said: "Whether this project can be implemented depends on the development of the energy forest."

Guo Yang thought about it and followed suit, "Leader, in another three to five years, I believe the energy forest industry will give everyone a surprise."

"Jiahe is going to expand again?" the leader laughed.

"Jiahe is too weak alone, and we need more people and companies to join in," said Guo Yang.

The leader pondered and said, "So you came up with this idea of ​​exempting biodiesel from consumption tax? Several provinces have already submitted reports."

Guo Yang was unwilling to take the blame, "Jiahe was only involved in Long Province. The other regions had nothing to do with Jiahe."

"Isn't it Jiahe who caused the increase in cooking oil prices?" the leader said meaningfully, "It is precisely because of the increase in cooking oil prices that gutter oil has become rampant again."

Guo Yang's heart tightened for a moment, but he remained calm and explained, "The country has already set the tone for fallowing, and Jiahe's grain and oil market share has temporarily reached its upper limit. If we continue to engage in a price war, the effort and reward will not be proportional."

The leader looked at him deeply. Guo Yang drank his tea calmly, without any sign of nervousness.

After a long while, the leader said, "The exemption of biodiesel consumption tax has been basically decided, and it will be officially implemented at the beginning of next year."

Guo Yang said in surprise: "Really?"

The leader raised an eyebrow, "Do you want me to show you the document in advance?"

"No, no." Guo Yang's happiness was beyond words. With this tax-free policy, it was equivalent to an additional profit margin of 900 yuan.

The popularity of energy forests is probably even greater than it was a few years ago.

"Then you go ahead and do your work. I have something else to discuss with Lin Bu."

"it is good."

Guo Yang walked out of the compound with a smile on his face, and quickly regained his composure after getting into the car.

The pressure when facing the leadership is not small, but he believes that there is nothing wrong with the starting point of everything he does.

In the room, the leader asked Lin Bu: "That kid, didn't you go to see Mr. Liu about this matter?"

"I heard that when he returned to Lanzhou, he made an appointment with Lin Keqing, but nothing happened in the end."

"Is this kid ignorant or is he pretending not to know?" the leader muttered to himself, "Do you think Jiahe has a connection with the gutter oil issue?"

The social attention caused by gutter oil is the core reason that has driven this matter to be implemented quickly.

After all, domestic food cannot withstand another round of scrutiny.

The successful trial production of Jiahe Jatropha biodiesel and the sharp rise in edible oil prices have completely eliminated the cost advantage of processing biodiesel from waste oils.

Although there are severe crackdowns on gutter oil now, it is impossible to prevent it in vain. The profits are enough to make people exploit loopholes, and the waste oil cannot be stopped from flowing back to the dining table.

The only way to eliminate the problem at its root is to make the profits from the fuel returning to the dining table less than that from processing biodiesel.

Therefore, policies must support the processing of waste oils and fats into biodiesel.

Exempting consumption tax is the most direct and simple way, but in this way, Jiahe also becomes one of the biggest beneficiaries of the exemption of consumption tax.

The forest department is of course aware of the interests involved. "Jiahe has this motive, but Jiahe has never dealt with waste oil in the past."

"It's not a bad thing anyway." The leader smiled, "It's just that this kid is getting more and more cunning."

...

On the way back to the company in Beijing, Guo Yang reviewed the entire 900 yuan plan.

He thought that except for the time when Ye Huodong came to him, there were no loopholes in other places, and very few people knew about it. Moreover, before the first shot, Hanzhong Airui Biotechnology, Guo Yang didn't know who it was.

"There shouldn't be any problem." Guo Yang thought silently, then took off his coat and wiped his hands with paper.

Luo Xiu noticed the movement, "Boss, is the air conditioner turned up high?"

Guo Yang said: "Maybe this dress is too warm."

After half an hour.

Guo Yang appeared on Huinong.com, and the green plants on the employees' desks made him happy.

When Guo Yang saw someone put a bunch of green bananas on the work station, he walked over curiously.

“Is this banana not ripe yet?”

"Um... Chairman." After seeing who was coming, a young female employee said in a panic, "I bought this at Weilai Tianjian on Singles' Day."

Guo Yang looked carefully at the long bunch of bananas. One end was placed in the flowerpot, and the other end was exposed in the air like a flower arrangement. A few ripe ones had been broken off, and the rest were still green.

Moreover, this banana is longer than ordinary ones and more attractive.

"New varieties?"

"Yes, this whole bunch cost me nearly 100 yuan!" The employee also relaxed, "But after Double Eleven, the price has increased again."

"You look pretty good like this." Guo Yang asked again: "Do you have a pen?"

A pen was handed over. Guo Yang took it, picked a slightly yellow banana, and wrote his name on it.

"Okay, this one is mine, keep it for me." After saying that, Guo Yang walked towards Qu Sheng's office on this floor.

He didn't take the constant chatter of scumbags behind him seriously, and when he entered the office, he saw Qu Sheng just there.

"How's the financing discussion going?"

"We are still discussing." Qu Sheng stood up and walked to the tea table. "The agency's opinion is that the valuation of 50 billion US dollars is a bit high, and they are not very satisfied with the number of shares to be transferred."

This valuation is not high, but it is definitely not low during the financial crisis.

At that time, Beijing Capital's valuation was only 6000 million US dollars, and Alibaba's valuation was just over 100 billion US dollars.

Huinong.com, which started out as an agricultural product company, can be valued at US$55 billion, which is closely related to the strong performance of NIO after field separation.

This year, with the end-of-year sprint, it is certain that the sales of Huinong.com's entire platform will exceed 100 billion yuan, and is expected to reach 150 billion yuan.

According to the valuation method of e-commerce platforms, the valuation is approximately 230 billion yuan.

But Huinong.com also has a complete cold chain logistics network, as well as its derivative, NIO Weibo.

In addition, the video ecological content of Huinong.com is also a huge plus.

The final valuation was $55 billion.

Huinong.com was initially incubated by Tianhe and then became independent. Even including the logistics investment, the total investment would definitely not exceed RMB 100 billion.

Today it has appreciated several times.

According to the original plan, this round of financing will sell 20% of the shares, which means raising US$11 billion.

If the financing is not used for platform development, Huinong.com will be able to recover most of its initial investment.

But Huinong.com is still losing money. If it wants to enter the full-category e-commerce market, it must have an injection of new blood.

To be honest, even Guo Yang is a little unsure about the future of Huinong.com.

Because there are no precedents to follow.

That’s why we have this round of financing.

After thinking for a while, Guo Yang asked, "Do you think the shares you are selling are too few?"

Qu Sheng said: "Yes, several institutions hope that Jiahe will take out 30% of the shares."

"You have a big appetite!" Guo Yang smiled. "30% is 16.5 billion US dollars, close to 120 billion RMB. You can do a lot with it!"

Qu Sheng was surprised. "Boss, do you mean to agree to sell 30%?"

This is different from the style of Golden Harvest's highly controlled holdings.

"You can sell 30% of the shares." Guo Yang pondered, "But the valuation of 55 billion US dollars cannot be less."

Qu Sheng took a sip of tea and said, "Okay, I'll continue the conversation."

NIO finally sold 19.36 billion yuan on Singles’ Day, while Alibaba, valued at 100 billion US dollars, only sold 5200 million yuan on that day.

During the promotion period, news of Taobao merchants selling out of products kept popping up.

Even in the well-prepared NIO fields, there were reports that merchants had sold out of agricultural products.

Only then did people realize that this thing could be so crazy and that e-commerce could be so fun and exciting.

Now, one week has passed since Double Eleven, and almost all users have received their purchased products.

When Guo Yang was browsing NIO’s blog and Weibo in the office, he saw numerous buyer shows, and there were also many articles about Double Eleven on various forums.

Fortunately, the logistics of agricultural products have withstood the test.

All kinds of agricultural products finally arrived safely in the hands of users, and the packaging and products were in good condition. Judging from the prices after the promotion, most users felt that they had made a profit.

Discussions and comments on the forum were mostly positive.

The popularity of some high-quality agricultural products has been completely increased.

In addition to traditional grains, oils, rice and noodles, there are organic lamb from Qinghe Agriculture, Jingning apples, small grains from Huanxian, Dandong strawberries, Shouguang fruits and vegetables, Hubei lotus roots, Hengzhou corn, Fujian bamboo shoots, Gansu lamb, seafood from Zhoushan, Zhanjiang, Dalian and other places, and branded gift boxes of tangerines and oranges...

Many finely produced landmark and branded agricultural products reaped great rewards on this day.

Some were sold for millions of yuan.

According to preliminary statistics, after this, the platform has produced more than 100 popular agricultural products with sales of more than 10, opening up a new market for agricultural products.

But the significance of this agricultural product promotion goes far beyond that.

Such a character appeared in the report of Long Province Daily.

What surprised Guo Yang was that this was a cooperative founded by a father and son from Huan County, Qingyang: Fuda Breeding Cooperative.

Liu Zhongming has been selling sheep for more than 30 years. The difference is that in the past he had to sell the sheep to the next sheep dealer.

Now he sells mutton all over the country directly through his son Liu Guoning's online store.

Selling sheep in this way is not only fast, but also the price is good.

Moreover, the purchase price of sheep in the local market is 12 yuan, but when Liu Zhongming went to buy them, he could get a purchase price of 14 yuan per catty.

"Huanxian mutton is tender, lean but not dry, and has very little fishy smell. It is a top-quality food. However, due to the traffic environment and the lack of its own brand, it is difficult to export. If we can promote it with the help of e-commerce platforms, we will definitely be able to expand the market."

This is not only the case for mutton in Huanxian County, many other poor areas also face the same dilemma.

"On one hand, there are the good things of staying at home, and on the other hand, there is the trouble of not being able to leave the mountains."

"In the past, lamb meat could only be sold for more than 30 yuan per kilogram. Now, through e-commerce platforms, it can be sold for up to more than 80 yuan per kilogram."

"Under the tide of 'Internet +', the development of rural e-commerce is necessary for poverty alleviation and the need to increase farmers' income."

The many positive reviews made Guo Yang feel that even if Huinong.com and Weilai Farmland did not make money, the value they contained was unimaginable.

In addition to its significance in poverty alleviation, the value it brings to Jiahe is also immeasurable.

Among many types of meat, the best-selling one is actually Qinghe Agriculture’s organic beef and mutton.

In addition to its extremely high quality, it is also related to the fresh food logistics system.

One buyer commented: "I received the mutton. When I opened the box, I was amazed. It was still very fresh. The ice pack had not melted yet. In addition, the ingredients and cooking methods were given. I will definitely buy this from now on."

Qinghe Agriculture sold tens of thousands of orders of its mutton alone on that day. Together with some other products, the total sales exceeded 10 million yuan!

Guo Yang believes that investment institutions can recognize the value of this.

The facts were not beyond his expectations. As time went on, the reputation of high-quality agricultural products from Weilai's fields began to spread.

More and more consumers choose to repurchase.

The investment institution no longer insisted and agreed to Huinong.com's financing conditions, with a valuation of US$55 billion, releasing 30% of the shares, and raising a total of US$16.5 billion.

In addition to overseas foreign-funded institutions, China Investment Corporation, which has suffered from losses in the past two years, is also on the list.

However, after the financing, the Jiahe Group still holds 70% of the shares of Huinong.com.

Once the tone is set, the next step is back-and-forth consultations among all parties.

This preliminary financing plan inevitably spread and caused a lot of heated discussion.

Guo Yang was thinking about how to use the money.

(End of this chapter)