Chapter 464: God K is so grand! 】

Quiet Villa.

In the living room, Fang Hong thought about it for a moment, and said as if self-consciously: "... Let's take the current sales of Kunpeng Technology as a price, and assume a profit of 10 points based on the sales, and calculate it at 30 times PE. You finance the money."

When Chu Changxing heard this, he could not help but calculate roughly in his heart. According to Fang Hong’s 30 times PE, the valuation of Kunpeng Technology exceeded 10 billion, which was close to 1.6 billion U.S. dollars.

This valuation level is directly at the level of a unicorn (a valuation exceeding US$1 billion)!

Chu Changxing couldn't help being stunned. After realizing it, he immediately looked at Fang Hong, hesitant to speak.

God K is so majestic!

A round of financing gave a valuation of 30 times PE, reaching a height of 10.5 billion yuan. This valuation is definitely overestimated for the current situation of Kunpeng Technology.

However, Fang Hong intends to increase the valuation level on purpose, because in the future, other investors will definitely be introduced. If the valuation goes up, other investors will get less equity if they spend the same money on the car. In other words, when Qunxing Capital is about to withdraw in the future, the selling price will be even higher.

Chu Changxing felt that he had taken advantage of it and made a lot of money.

In Fang Hong's eyes, he seems to have suffered a loss, but it is a small loss, and the loss he is suffering now will be recouped in excess of the principal and interest in the future.

At this moment, Fang Hong said in an orderly manner: "A round of financing valued Kunpeng Technology as a whole at 10.5 billion yuan, and your entrepreneurial team has to give me 20% of the equity, and the 45% I held before must not be diluted. For the equity of your entrepreneurial team, of course I will sign the concerted action agreement with you."

Chu Changxing couldn't help laughing, and said bluntly, "No problem, just follow God K's wishes."

He knew Fang Hong's name, but he preferred to call him God K.

Call him by his name, I am older than Fang Hong, so I can't call him brother, right? It's too awkward to be called brother, and it seems unfamiliar to be called Mr. Fang.

For Fang Hong's A-round financing plan, Chu Changxing accepted it without thinking too much. It was the price given by God K that made him embarrassed to bargain.

With a post-investment valuation of 10.5 billion, if you sell 20% of the equity, it will directly raise 2.1 billion, excluding exchange rate changes, which will look like 319 million US dollars.

The financing scale of 2.1 billion yuan, or 319 million U.S. dollars, is definitely the largest single investment in the field of commercial drones in the world, setting a new record for peer financing cases.

As long as the funds are in hand, Kunpeng Technology's current financial pressure will disappear completely in an instant.

Fang Hong said in an orderly manner: "I will send someone to contact you later, and all the funds will be remitted to the account designated by your company in about a week."

Chu Changxing nodded again and again, then said with a smile, "With this money, the development of Kunpeng Technology can be further expanded. At the beginning, we were still struggling with the development of other applications. Once the money arrives, we don't have to worry about it."

Hearing this, Fang Hong said with great interest, "Oh? To which direction?"

Chu Changxing immediately said: "In addition to consumer drones, our plan is to expand to other subdivisions of the drone industry, such as plant spraying and other agricultural aspects."

Fang Hong nodded and smiled, "You are the master, you have the final say."

Well, that's because the strategic direction coincides with God K, if it's a coincidence...that's another matter.

Chu Changxing was very happy when he heard that, God K is definitely an angel investor, is there any proper Bole!

After quickly finalizing the issue of the A round of financing, Chu Changxing chatted here for a while, and then left.

As soon as he left, Fang Hong called the beautiful assistant and asked her to prepare the funds, and then sent someone to contact the people from Kunpeng Technology to complete the specific working rules of the A round of financing.

This time, the financing was still in Fang Hong's own name, not Qunxing Capital, and it was naturally his own money. Tian Jiayi also knew the account password and authorized her to make arrangements.

Fang Hong’s net assets under his personal name now exceed 30 billion yuan, which was probably close to 3 billion yuan for education before, and now the A round of financing for Kunpeng Technology is 2.1 billion yuan, which is only a fraction.

It is worth mentioning that among the primary market investment projects publicly operated by Fang Hong in the name of God K, in addition to Kunpeng Technology, there is currently also Zhu Yingdong’s team from Zhejiang University in the field of biotechnology, which studies the use of plant photosynthesis Capsule delay anti-aging project; there is also South China University Yue Lang team, the research is to use mitochondrial light energy to reverse the anti-aging project.

In addition, there are several other projects, including the project of the marine debris cleanup project and so on.

Among the projects that Fang Hong invested in his own name, the most successful one is Kunpeng Technology under the leadership of Chu Changxing. With the current development momentum, as long as Chu Changxing's team does not make mistakes and does not make major strategic mistakes, it can basically surpass the big ones in the future. Xinjiang has become the overlord of the global commercial drone market.

As for other investment projects, such as those undertaken by Yuelang's team and Zhu Yingdong's team, whether they can succeed is another matter.

Fang Hong also looked pretty good, so he threw some money in to occupy a pit.

What if it works?

If a project like Yue Lang's team is really successful, it will be terrible, ten of the current Kunpeng technologies can't beat it.

However, compared to other projects that are too cutting-edge, Kunpeng Technology has already begun to occupy a large-scale market share. For this company, Fang Hong thought about it and estimated that by next year, it will almost be able to arrange listing.

There is no doubt that Kunpeng Technology must be allowed to land on Big A, as a high-quality asset of Galaxies, to get it to Big A, and build a valuation system for the core assets of Galaxies.

If you want to make other investors "don't ask them if they are angry, just ask them if they are convinced", you need to support them with real high-quality core assets and a group of top companies. Only other companies in the world will treat you as an anchor.

If the company itself sucks, you won’t be tempted even if you spend a lot of money in the sky. Anyone with a discerning eye will know that you are playing the trick of the emperor’s new clothes.

But the core assets are different. The valuation bubble that is now on top of time can be digested and filled in the process of value growth.

Therefore, it must be a core asset to play like this, and it is best to be a top-notch and leading enterprise.

Xingyu Technology, like Qin Feng’s, is now the leading giant in the domestic smartphone industry, including Kunpeng, led by Chu Changxing. Following this momentum, it will definitely surpass DJI and become the leading giant in the global commercial drone market.

However, in order to arrange for Kunpeng Technology to be listed on the A-share market next year, the normal application process will definitely not pass the approval.

Because the company has not been able to make a profit, and it is absolutely unable to make a profit now, and now it is necessary to exchange for a larger market share at the cost of losing profits.

It is obvious that if Kunpeng Technology wants to enter the A-share market next year, it will definitely go through a backdoor listing.

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