Millet strategic investment in the United States Group, a time to trigger the industry's heated discussion

Abstract: Millet and the United States Group yesterday issued a statement said, Millet technology and the United States to reach strategic cooperation, millet technology will spend 1.266 billion yuan to buy a stake in the United States Group, to obtain 1.29% of the shares. The U.S. group will be 23.01 yuan per share price to millet science and technology directional increase

Millet and the United States Group yesterday issued a statement said, Millet technology and the United States Group to reach strategic cooperation, millet technology will spend 1.266 billion yuan to buy a stake in the United States Group, to obtain 1.29% of the shares. The U.S. group will be 23.01 yuan per share price to millet technology directed additional 55 million shares.

Millet strategic stake in the United States Group, a time to trigger the industry heated discussion, Gree Group chairman Mingzhu even shelled, "two swindlers together, is a thief group", but this does not affect the industry's concern about the transaction. Since the US group is a listed company, I would like to add the details of the transaction by looking through the announcements issued by the US group on the Shenzhen exchange.

According to the "United States Group Co., Ltd. on the United States and millet strategic cooperation issues of the announcement," disclosed both sides will be the ultimate user-oriented product experience and service-oriented, in the intelligent home and its ecological chain, mobile internet business areas for a variety of modes of cooperation, the establishment of high-level close communication mechanism between the two sides in the smart home, The cooperation team in the fields of electric business and strategic investment actively explores various cooperation modes to support the development of the related business.

The two sides will conduct in-depth strategic cooperation on the following matters, including (but not limited to):

1 The intelligent home industry chain is fully coordinated development;

2 full cooperation of mobile internet electric business;

3. Intelligent home ecological chain, mobile Internet innovation and other joint investment, and other agreed by the two sides of strategic cooperation issues.

The basic principles and directions of strategic cooperation between the two sides include (but are not limited to):

1 fully open, systematic cooperation and coordinated development;

2 Sharing principle: Sharing intelligent system platform, data and cloud computing;

3 The principle of integration: the integration of mobile internet based online business operation;

4 Priority principle: give priority to each other under the same conditions, preferred strategic cooperation.

In addition to the points of cooperation between the two sides, because the transaction, the United States in the Shenzhen exchange of the announcement, the first official disclosure of the internal situation of millet company. According to the "United States Group Co., Ltd. non-public issue a-share stock plan" disclosed information, millet science and technology was established on March 3, 2010, the registered capital of 50 million yuan, registered for the Beijing Haidian District Qinghe Street 68th, China Huarun Multicolored City Shopping Center Two phase 13, the legal representative is LEI.

As well, Lei holds a 77.8% stake in Millet technology!

It also published the 2013 annual Millet financial data: 2013, the operating income of millet is about 26.583 billion yuan, operating profit of about 486 million yuan, the total profit of about 524 million yuan, of which net profit of about 347 million yuan.

According to our previous reports, Forbes has identified a new round of financing for millet from several sources, with only one detail, valued at more than 40 billion dollars. The news was followed by Bloomberg, and a more accurate range of valuations, with a minimum of $40 billion trillion and a maximum of $50 billion trillion, is likely to be Ding's famous DST.

If Millet is valued at $50 billion trillion, lei is worth about 39 billion dollars.

Just two days ago, thanks to Alibaba's share price of up to 54%, Mr Ma's net worth increased 25 billion U.S. dollars this year, according to the Bloomberg billionaire index, Mr Ma's assets reached 28.6 billion U.S. dollars in Thursday, surpassing Li Ka-shing's 28.3 billion dollars to become the new Asia's richest man.

Before I was in the next company to be able to refresh the IPO size of Alibaba will be? "has been analyzed, Millet is constantly breaking the limits of the platform, further towards the ecosystem, the valuation is very likely to reach Chi dollars." The core reasons are as follows:

1 as early as a year ago, the value of millet has reached 10 billion U.S. dollars, since then there is no relevant information disclosure. At present, it is widely known that the value of millet in 300~500 billion dollars, that is, has formed a large platform, is now moving towards the ecosystem.

2 first said the handset itself, the millet handset +MIUI, has formed "The Hardware + Internet service" The ecology, covers the application distribution, the cloud service, the game transportation, the theme shop, the browser, the electronic reading, as well as the bottom Internet service and so on. In a popular words, that is, millet mobile phone has become the "entrance" of mobile internet, with the increase in the number of millet shipments, "entrance" status will be further consolidated. But access to mobile internet is far from enough to support the 100 billion level.

3 so millet needs horizontal and vertical expansion, and constantly break through the "mobile phone company" valuation of the border. The first is the expansion of the category, from mobile phones to tablets, boxes, routers, televisions, and the latest air purifiers ... In the words of Li Vanchang, Millet is the life of electronic consumer goods in the field of Muji. In this way, minutes out of the "mobile phone company" analogy, can be referred to the object directly from the Chinese cool to the Apple, Samsung, although a lot of difference in volume, but the shape is very close.

4 but only the expansion of the category is not enough, can only do the shape, want to do "spirit", but also need a greater imagination. On the content of millet has been exposed, continue to break through the "Electronic consumer goods in the field of Muji" border layout has three: ① Mobile medical ② internet Finance ③ smart home. The analogy with Apple and Samsung, then, is a step closer than before.

5 The layout of mobile medicine has millet hand ring, nine health care, etc. the layout of the Internet finance, including rice coins, millet payments, building blocks and so on, intelligent home has the control of the central millet router, the specific will not unfold, but again two words of millet pay. When Apple released Apple's pay, it discussed with friends in the industry that the only micro-letters, Alipay and millet were the most likely to be Apple Pay in China.

6 of course, many of the layout is too early, but I believe that until the day of the millet listing, all these concepts packaging, should be enough to support the scale of 100 billion (don't forget that now Millet has 300~500 billion dollar valuation). As for the ability to refresh Ali's 240 billion dollars, has already been detached from the "road" and "surgery" level ...

Overall, Lei is the next big game ...