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Chapter 542 Internationalization Begins, MiHoYo Crisis(2/3)

Mr. Cai said eloquently: "Now MiHoYo has made money, with 700 million in revenue. According to the agreement and distribution, after the platform divides the revenue, we will get 800 million!"

MiHoYo mainly launches Xingyi games on the Android platform, following the ratio of R&D:Publication:Platform=4:3:3, and does not launch other Android platforms.

Without him, other Android game platforms are 2:3:5. The platform directly takes away 50% of the revenue, leaving only 20% for R&D. It is really a trap.

The Xingyi gaming platform only costs 30% on both Android and XOS systems, which is undoubtedly more conscientious.

In addition, Xuanfa and the platform are both Xingyi Technology, so Xingyi Technology directly took 60%.

As for the IOS platform, it is also 4:3:3, but Xingyi Technology only takes 30% for promotion, and the IOS platform takes 30%.

Calculated in this way, Xingyi Technology took almost 50% of the 700 million revenue, 500 million. IOS took 10%, 70 million, and in the end the R&D team was left with only 40%, 800 million.

This is considered too high.

Of course, as the major shareholder of MiHoYo, Wang Yi still owns 45% of the 800 million!

Mr. Cai continued: "According to the idea of ​​the three of us, the money will not be divided. All the money will be invested in the development of new games, making "Honkai Impact 2". But Jincheng is not optimistic about "Honkai Impact 2", nor is he optimistic about the game industry.

In the future, I just want to divide the money."

Wang Yi understood that once the money is divided, the research and development funds for "Honkai Impact 2" will be greatly reduced, and the quality will also be greatly reduced.

"Do you want to ask for my opinion? Hold a vote?" Wang Yi asked.

Once Wang Yi supports not paying dividends and investing all in research and development, Mr. Cai and the other two support it. Jincheng only has 10% of the shares and cannot afford to make trouble.

Mr. Cai sighed: "That's not all. They are all founders. They are all brothers who worked together. I don't want to get into trouble like this. So I thought we could get together and part ways..."

Wang Yi was dumbfounded, are you planning to kick Jincheng out?

Or are there other reasons?

However, looking at the current situation, it is indeed inappropriate to keep Jincheng.

The basic ideas are no longer consistent, and if we continue, there will be no good results.

Mr. Cai continued: "And Jincheng also has this idea. He also knows that we don't agree with the dividends and can't divide it at all. But he also wants to get the money and make it safe. So the three of us thought, Director Wang, Jincheng's

Can you buy the shares? At the same time, agree not to pay dividends and invest all in the research and development of new games!"

Wang Yi understood what Mr. Cai meant.

Of the 800 million, Wang Yi’s 45% stake accounts for the majority, with 2.6 billion.

The three of Mr. Cai together account for 45% of the shares, which is 2.6 billion.

Jincheng accounts for 10%, 28 million!

If Wang Yi also asks for dividends, even if the three of them want to invest all in research and development, they will only have 2.6 billion, which is a bit insufficient.

So Mr. Cai and the others decided to directly ask Wang Yi to buy out Jincheng's shares, and Jincheng would use the money to start a business.

At the same time, Wang Yi promised not to pay dividends and invest all 800 million in the research and development of new games.

Wang Yi has no opinion on this:

"This matter can be considered, that is, it is a matter of spending more money. As for the 800 million without dividends, all invested in research and development, there is no problem. Even if there is no dividend this year and next year, all will be given to you for research and development, it will be successful. But I have 10 more

% of the shares, accounting for 55% of the shares, we completely control MiHoYo!"

"It's okay, we believe in your character!" Mr. Cai said decisively.

If it were anyone else, they wouldn't believe it, but Wang Yi, they would.

They felt that the Wang Dong family had a great business and looked down upon Mihayou's three-quarters of an acre of land.

And hold on to Wang Yi's lap, with Wang Yi's support, Xingyi game platform, XOS system, and Xingyi mobile phone support, MiHoYo can also make more money.

Just like "Honkai Impact", the revenue in the previous life was less than 100 million, but with Wang Yi's support, it directly made 700 million!

It’s doubled nearly ten times!

Mr. Cai didn't know about this, but they could see clearly.

There are games of the same level, with annual revenue of tens of millions, but "Honkai Impact" can earn 700 million!

It’s all the result of Mr. Wang!

It doesn't matter if Mr. Wang controls MiHoYo, it will only make the cake bigger and make more money.

There is no way, Mr. Cai never imagined that MiHoYo, a small company now, can make Genshin Impact and become a giant in the future!

On the contrary, they are worried that if Wang Yi is not allowed to control Xingyi Games, which has so many hits, they will look down on MiHoYo, and they will receive less follow-up support...

It's better to surrender and let Wang Yi take control, so today's doorstep came to be.

"Do you all agree?"

"agree!"

"Okay, just call them all over, and that's it. As for Jincheng's shares, I'll buy them at a premium, and I won't treat him badly!"

"Thank you, Director Wang!" Mr. Cai was overjoyed and quickly shook his head.

Soon, all three people came to the chairman's office.

"Director Wang, I..." Jincheng was speechless for a moment and felt a little embarrassed.

Wang Yi waved his hand: "Everyone has his own ambitions, and I respect and support your choice. If you hold 10% of the shares, you can only get 28 million in dividends. In this case, I will give you 200 million and directly buy 10% of your shares.

Do you think it’s good?”

"200 million!" Jincheng was shocked!

Others were also shocked.

10% of the shares are worth 200 million. Doesn’t that mean that MiHoYo is currently valued at 2 billion?

But everyone knows that this is a bit high for MiHoYo, which only makes one high-quality game.

MiHoYo has an annual revenue of 700 million and a profit of 800 million. Based on a valuation of 5 times, it would be a valuation of 1.4 billion.

This is a normal valuation.

Giving 400 million for 10% of the shares is reasonable, but giving 200 million is a 43% premium!

It's quite impressive.

Jincheng was a little excited and thought carefully in his heart:

'Originally I only planned to sell 5% of the shares, but Director Wang gave me too much!'

'More importantly, all 800 million will be used for research and development, and no dividends will be paid at all. It's okay if "Honkai Impact 2" makes money. If it loses money, or doesn't make much money, it will be even worse, and the valuation will be gone by then.

'

‘Now the premium is more than 40%, which is totally okay!’

'We are also billionaires, hahaha!'

"Thank you, Director Wang, I completely agree." Jincheng responded decisively.

"We don't have any objections either." Mr. Cai and others spoke one after another.

After the two parties signed a contract, Wang Yi asked someone to write a check of 200 million to Jincheng, officially taking 10% of the shares, totaling 55% of the shares, and completely controlling MiHoYo.

Several parties are very satisfied with this.

Jincheng felt that he had retreated bravely and was safe with 200 million in capital. Even if Beng Er failed and MiHoYo went bankrupt, he would not lose anything.

In the future, I will spend 50 million to start a business, and the remaining 500 million will be deposited in the bank to earn interest, which will be very satisfying.

Frankly speaking, his personality is not very fond of entrepreneurship and prefers to be safe.

In his previous life, he sold his shares and quit MiHoYo just for Cisco's offer.

This time, it's the same.

The difference is that in my previous life, I didn't sell it at a high price, so my intestines turned green due to the loss.

But this time, I took away 200 million and made a lot of money.

But what they don’t know is that Wang Yi will earn even more in the future!

Once "Genshin Impact" is produced, the valuation of 10% of MiHoYo's shares will not be 200 million, but 20 billion or even 30 billion!

More importantly, after this transaction, Wang Yi completely controls MiHoYo, and MiHoYo is completely tied to XingYi Technology.

Moreover, it was Mr. Cai and the others who took the initiative and willingly asked Wang Yi to take control, not Wang Yi who forced them.

This is completely different.

"Don't worry, it's okay if we don't pay any dividends in the next three years, we can invest everything in research and development." Wang Yi assured.

Mr. Cai and the others were overjoyed and breathed a sigh of relief.

The three of them have great ambitions. They would rather not pay dividends now than work hard to develop a hit product.

Wang Yi supports this.

Wang Yi looked at Jincheng: "Although Jincheng has left MiHoYo, we are still brothers. From now on, whether you start a business or enjoy life, I will support you. If you start a business and need it, just ask and I can help.

Just help.”
To be continued...
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