Super Rich from Winning a Lottery-Chapter 335 - 239: Formation of the Seven Major Groups (Part 2)

Apart from a few who insisted on resigning, most people silently retracted their resignation letters. Not everyone has the courage to venture out and start their own business.

Since leaving would mean working somewhere else, it makes no sense; after all, staying at Anjing Online Supermarket offers a decent salary, and the benefits are not bad either.

However, some could smoothly withdraw their resignation letters, but for others who had already submitted them, retracting wasn't so easy.

Those who turned around and made trouble ultimately had to pay the appropriate price for their actions.

Wang Xin never expected that people from Hualong Investment would reach out to him, wanting to invest in the MiTuan he founded, and they were very generous with their offer.

Wang Xin was pleasantly surprised, which boosted his confidence in the future development prospects of the group-buying industry domestically.

Wang Xin was quite familiar with Hualong Investment Company, having carefully studied the development history of the American group-buying site pioneer, Gaopeng Group-buying site, and he knew that the angel investor for Gaopeng was Hualong Investment Company from Harbor Island.

Wang Xin actually had plans to approach Hualong Investment Company for financing later, but he didn't expect to approach them for funding initially.

The initial start-up funds for MiTuan did not require much, and given his personal connections, finding an angel investor wasn't difficult.

Once Meituan officially goes live, after using up most of the angel round of financing, an A round of funding would start. Only then would Wang Xin consider approaching Hualong Investment Company for financing.

Wang Xin didn't expect Hualong Investment Company to find him so early, wanting to invest in the Meituan he had founded.

Wang Xin naturally couldn't refuse, but he also didn't fully accept all of Hualong Investment Company's investments, only taking a small portion.

He didn't want to give away too much equity during the angel round. If he lost too much equity in the angel round, what would happen with the A round, B round, and C round of financing later? He would become very passive by then.

Wang Xin was no longer a newcomer to internet entrepreneurship, so he considered issues very comprehensively, never making avoidable mistakes.

After all, from his previous entrepreneurial endeavors, he had already made all the mistakes necessary and accumulated extensive entrepreneurial experience. Mistakes he had already made were unlikely to be repeated.

Despite Hualong Investment Company's grand gestures, willing to invest a lot as long as they could acquire more shares, Wang Xin remained very restrained and wasn't swayed by immediate benefits.

However, facing the substantial investment from Hualong Investment Company, he still made some concessions, but not too many.

Lei Bus, who had just founded Xiaomi, was also approached by Hualong Investment Company, and he naturally welcomed it.

Nowadays, Hualong Investment was not an obscure investment company; it was renowned in the investment community as the "God of Investment."

Because companies invested by Hualong Investment Company essentially never failed; conversely, those favored by Hualong Investment Company always went on to success and became bigger and stronger.

Abroad, there was America's Gaopeng and Tesla; domestically, there was Jingdong and Yihaodian.

Even the backing investment for the Anguo Group domestically came from Hualong Investment Company.

The Anguo Group was undoubtedly a first-class company domestically, and a successful one, which also proves that Hualong Investment Company's investments are very successful, with an extraordinary eye for investments.

No internet startup company domestically didn't want investment from Hualong Investment Company.

Although Lei Bus had long made a name for himself in the internet world, he couldn't refuse the olive branch extended by Hualong Investment Company.

However, his thoughts were similar to Wang Xin's; he only accepted part of Hualong Investment's investments and didn't want to overly dilute the shares at the start, worrying that he might be controlled by Hualong Investment Company later or even become a worker for Hualong.

Xiaomi's goal was to develop and manufacture phones, to redefine phones. Although the company was newly established and hadn't started phone R&D and manufacturing yet, it was temporarily focused on developing social networking software. Lei Bus was developing a mobile social software called MiChat, aimed at competing with mobile Feixin and Mobile QQ.

But eventually, it would definitely engage in phone R&D and manufacturing, which would inevitably lead to competition with Huaxing Smartphones; and the largest shareholder of Huaxing Technology Company is also Hualong Investment Company.

This was also one of the main reasons Lei Bus took a cautious approach to Hualong Investment Company's investment.

Although he did not refuse investment from Hualong Investment Company, he wouldn't let them hold a significant share of the equity.

In this regard, Hualong Investment Company felt helpless as well, but it was a company the chairman wanted to focus on, so regardless of the equity percentage, it had to be invested in, as long as they could strive to occupy as much as possible.

Lei Bus also felt helpless facing the heavy investment from Hualong Investment Company, and although he firmly held onto his bottom line, he did make some concessions.

In Hualong Investment Company's investment plans, any company the chairman specifically named for investment was a key focus, to be invested in at all costs, trying to acquire as much equity as possible.

For companies not named by the chairman for investment, those were left for internal research and determination by Hualong Investment Company on whether to invest, considered discretional projects.

After the seven major groups were formed, Yi Anguo noticeably felt much more relieved than before. Zhou Mengdie felt the same, and she also felt that the pressure was much lighter than before.

Even though the Anguo Group remained massive after the split, it was still the most powerful group among the seven major groups, aside from Hualong Investment Group.

This power was, of course, measured by profitability.

The main industries of Anguo Group include real estate development, real estate intermediary services, property management services, financial management services, banking, securities, funds, investments, among others, and include Anguo Furniture as well. It would be no exaggeration to describe Anguo Group as extremely wealthy.

However, no matter how wealthy Anguo Group is, it's still not as rich as Hualong Investment Group, which is also a 100% owned group company by Yi Anguo, essentially Yi Anguo's own child.

Compared to Hualong Investment Group, Anguo Group is still somewhat inferior.

As for Anjing Group, it is still constantly investing and developing, with annual financial statements showing a loss status.

This is unavoidable not because Anjing Online Supermarket has not made money, but because Anjing Online Supermarket is continually expanding, and the money earned is not enough for the investment needed.

The situation for Huaxin Semiconductor Group is similar because it hasn't been established for long and constantly building branches and investing in technological R&D projects, hence the year-end financial statements also show a loss.

Huaxing Technology Group is almost the same, albeit slightly better off compared to Huaxin Semiconductor's situation, with lesser losses; it's expected to achieve profitability by the end of this year.

The most severely loss-making is Hua'an Microelectronics Group, with no expectation of profit in the coming years due to the massive investment in technology R&D and the difficulty in seeing returns.

As for Huasheng Automobile Manufacturing Group, it is just in the start-up phase, so profitability is hard to anticipate in the short term.

Considering the situation, the only truly profitable enterprises under Yi Anguo are Hualong Investment Group and Anguo Group.

The merged Anjing Group can barely self-sustain and achieve balanced development.

Huaxing Technology Group can also self-sustain, managing its profits and losses independently.

Huaxin Semiconductor Group could survive on its own if the funding support were stopped.

Only Hua'an Microelectronics Group is a company needing substantial support, requiring continuous investment to sustain its development.

If funding support were stopped for Hua'an Microelectronics Group, it wouldn't survive three months.

As for Huasheng Automobile Group, enough starting capital has already been injected, and the new model has successfully rolled out, making the situation much better than Hua'an Microelectronics Group's.