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Chapter 895

Words:2283Update:22/07/26 08:43:00

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"Boss Xiong, don't you think it's too high to value Only Pin Club at 1 billion?"

"It's a bit high, but it's worth it for us."

"If we follow their plan, we can buy 10% of their shares at a low price."

"With Chen Yu around, do you think we can buy it?"

Xiong Xiaoge smiled.

Although Chen Yu didn't appear among the three shareholders, the one who really spoke was definitely Chen Yu.

Of course, with Chen Yu's net worth, why would he need financing?

Although Huanyu Technologies did need money in many areas, it was easy for them to create a second-tier e-commerce company.

As for why Chen Yu did this?

It could be because he was interested.

It could also be because of his two friends.

Although Chen Yu didn't want to announce to the public that he had shares in Only Pin Club, Only Pin Club wasn't something that anyone could take advantage of.

When Xiong Xiaoge understood this, he knew what this investment meant.

After thinking about it, Xiong Xiaoge made a phone call. He wanted to talk to Huanyu Technologies's Chen Yu.

"Boss Chen, IDG China's president wants to talk to you?"

“IDG?”

Chen Yu was a bit confused, but he still said, "Zhuzi, give me the phone."

"Boss Xiong, you have my private number, why are you calling my office?"

Chen Yu smiled and said to Xiong Xiaoge.

Chen Yu had dealt with Xiong Xiaoge a few years ago.

At that time, Xiong Xiaoge wanted to invest in Huanyu Technologies, but Chen Yu didn't want to finance because he wanted to keep his shares.

"Boss Chen, I don't want to disturb you."

"Boss Xiong, you're too polite. What's the matter?"

"It's like this."

After organizing his words, Xiong Xiaoge said, "Boss Chen, there's a website called Only Pin Club. You should know about it."

"Yes, why?"

"Recently, we contacted an e-commerce website called Only Pin Club. We feel that their model is very novel, and at the same time, it is different from the traditional e-commerce model. After our unanimous decision, we estimate that the valuation of Only Pin Association is around 1 billion RMB. "

"Chief Xiong, as far as I know, this company is valued at 100 million yuan."

"I've looked into this before, but we believe that Weipin's current valuation is definitely worth 1 billion. In fact, his future valuation will exceed 10 billion. "

"Boss Xiong really has good foresight."

"I'm still a far cry from Boss Chen. I hope that Boss Chen can guide me more in the future."

"Sure, sure. Chief Xiong, let's have some tea when you're free."

"Yes, I'm free …"

On the other side of the phone, Xiong Xiaoge suppressed his excitement and hung up the phone.

Although Chen Yu didn't say anything during the phone call, Xiong Xiaoge knew that Chen Yu owed Xiong Xiaoge a favor. Although this favor wasn't much, getting Chen Yu's affirmation would definitely usher in a new era for IDG's investments in China in the future.

Immediately, Xiong Xiaoge reported today's incident to IDG's headquarters.

After IDG's headquarters heard about it, they especially praised Xiong Xiaoge.

Moreover, the headquarters also said that they would award Xiong Xiaoge the honorary title of Best Regional General Manager at this year's annual meeting.

This award wasn't just for the China region.

Huanyu Technologies didn't just have a huge influence in China. Similarly, it also had a certain level of influence in the global market.

In particular, Huanyu Technologies had already started to expand its influence globally.

His WeChat Moments, Huanyu Videos, and the recently popular Pear Generation 4 …

All of these indicated that a new giant was gradually taking shape.

That would depend on whether they could latch onto Huanyu Technology's coattails in the future.



"Valuation of 1 billion?"

"Is there something wrong with IDG's brain?"

Even though IDG had already made it clear that they would be signing a contract with Weipin in the near future, Li Hui was still a little stunned.

However, although she was extremely surprised, Li Hui wasn't stupid.

To be able to get into Peking University, one's IQ must not be too high.

She suspected that this might have something to do with Chen Yu.

It was obvious that IDG placed more importance on Chen Yu's identity.

However, this wasn't right.

Although Chen Yu was a rich second-generation heir, wouldn't second-generation heirs be more cautious when starting up a venture capital company?

Could it be that the hotpot beauty was so powerful that these venture capital investors placed so much importance on her?

With doubts, Li Hui started to investigate Chen Yu's identity.

This wasn't necessary.

For many startups, everyone was on the same side. They knew each other's background and wouldn't even bother to investigate.

Just like how Lu Xue was Li Hui's classmate, Li Hui wouldn't even bother to investigate Lu Xue's background.

Similarly, Chen Yu was the same.

This also caused Li Hui to not know much about Chen Yu.

Now, she felt that she couldn't see through Chen Yu.

Chen Yu was a rich second-generation heir. His character was better than any other rich second-generation heirs.

Not only was his character good, but he was also very capable.

Previously, Li Hui was still a little proud in front of Chen Yu.

After all, Li Hui was from Peking University and Chen Yu was from Shencheng University.

Even if Li Hui didn't look down on other universities, she felt that Peking University was awesome.

"Oh my god …"

She wouldn't have known if she didn't investigate.

When she saw the hundreds of companies controlled by Chen Yu's identity, Li Hui was stunned.

However …

It wasn't just the hundreds of companies that were stunned.

If these companies weren't that great, an ordinary person could also control hundreds of companies.

For example, registering a parent company and hundreds of subsidiaries was equivalent to controlling hundreds of companies.

However, any one of the companies controlled by Chen Yu was a terrifying existence.

Huanyu Instant Messaging Technology Co., Ltd.

Huanyu Gateway Internet Technology Co., Ltd.

Huanyu Electronics Technology Co., Ltd.

Huanyu Home Appliance Co., Ltd.

Huanyu Mobile Phone Co., Ltd.

Pear Technology Co., Ltd.

There was also a parent company, Huanyu Technologies Co., Ltd.

The chairman was Chen Yu.

This wasn't looking at the information of the chairman of Huanyu Technologies, Chen Yu.

This wasn't a matter of whether he had the same name as Chen Yu.

This was the information that Li Hui found from Chen Yu's ID.

In other words …

Chen Yu, Lu Xue's boyfriend, the rich second-generation heir that Li Hui had been talking about.

His real identity was actually the founder of Huanyu Technologies.

"Lu, Lu Xue …"

"Sister Hui, what's wrong?"

"I want to ask you something."

"What is it?"

"Who exactly is Chen Yu?"

"Sister Hui, why are you asking this?"

"Is he the founder of Huanyu Technologies?"

"Sister Hui, you know about it?"

Seeing that Li Hui knew about Chen Yu's identity, Lu Xue was only slightly surprised and calmed down.

Li Hui had long known about Chen Yu's identity.

After all, Chen Yu was one of the three major shareholders of Only Pin Club.

"I, I, I …"

Li Hui was a little dazed. "Lu Xue, didn't you say that Chen Yu is a rich second-generation heir?"

"You said it, I didn't say it."

"Uh … then you said that his family opened a hotpot restaurant."

"His family did open a hotpot restaurant."

"Hotpot Beauty?"

"Yes."

"Then why didn't you tell me that he is the founder of Huanyu Technologies?"

"Sister Hui, you didn't ask me."

"I …"

"Besides, even if I told you, you might not believe me."

"Are you blaming me?"

At this moment, Li Hui almost broke down.

However, as a top student of Peking University, Li Hui was not so fragile.

After going crazy for a while, Li Hui asked, "Lu Xue, there is one more thing that I want to ask."

"What is it?"

"Does Chen Yu still need a girlfriend?"

"Sister Hui, you …"

At this moment, it was Lu Xue's turn to break down.

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