Open business day-to-day

Chapter 398 Shanda Literature
Quietly, another few days passed, and the acquisition of Gaode Map finally came to fruition.

On March 3, after several months of communication and negotiation, the two parties finally reached an agreement that Weiyang Technology will invest 20 million US dollars to fully acquire AutoNavi.

For this acquisition, due to the good commercial value of AutoNavi Maps in China, the bank also recognized it.Weiyang Technology only invested 1.2 million US dollars to complete the acquisition.The remaining 3.5 million US dollars are all financing loans provided by the Bank of Communications.

After the acquisition is completed, Weiyang Technology will instantly become the largest electronic map navigation provider in the world and the largest in the world.

After the news was announced, Weiyang Technology's generous investment once again caused a stir in the country.

Affected by this, not only the domestic registered users of WeChat ushered in a wave of growth, but also Weiyang Weibo users increased a lot.

In the recent period of time, as Weiyang Technology has become stronger and more powerful, and has attracted more and more attention, Weiyang Weibo users have also begun to grow rapidly.

So far, the total registered users of Weiyang Weibo has reached 2.8 million, which is comparable to that of Sina Weibo.

The number of active users exceeds Sina Weibo by more than 50%, and it firmly holds the position of the largest Weibo platform in China.

Lin Rui enjoyed studying Daozang while caring about the company's development in private.

During the recent period, the company's various tasks have been advancing very rapidly.

With the passage of time, major research and development centers at home and abroad have been established and officially operated.

At present, Li Yaqin has led a large number of top talents in the IT field to formally initiate the research and development of the operating system.

According to Li Yaqin's estimation, in the next period of time, there will be tens of thousands of R&D personnel in Weiyang Technology's R&D centers around the world to participate in the research and development of the operating system, and there will be even more in the future.

Lin Rui has already chosen the name of this IoT-based operating system, and it is called "Origin", the origin operating system.

The origin represents the 0 point on the number axis, which is the center intersection point of the coordinate axes; in analytic geometry, the origin is the center of the coordinate system, that is, the intersection point of all coordinate axes.

According to semantics, it can also be regarded as the beginning and origin of everything.

As an operating system based on the Internet of Things and the Internet of Everything, Lin Rui hopes that the "Origin Operating System" will become the beginning of one yuan and the center and basis of the Internet of Everything in the future.

Originally, there were some good alternative names for the operating system.

For example, Chen Haibo, a professor at Shanghai Jiaotong University, one of the heads of Weiyang Technology's Shanghai R&D Center, is an expert in operating systems.

He reported an alternative name of "Hongmeng", and suggested that the newly developed system be called Hongmeng operating system.

Hongmeng represents the beginning of heaven and earth, the meaning of all things breeding, the meaning is better, and many people support it.

However, Lin Rui took out the origin and Hongmeng, let the people in the major R&D centers discuss it, and finally chose the origin.

……

What Lin Rui didn't know was that one of the heads of Weiyang Technology's Shanghai R&D Center was a professor at Shanghai Jiaotong University named Chen Haibo.If the original trajectory is followed, it will join Huawei in the future and preside over the development of the Hongmeng operating system.

However, now that it has joined the chariot of Weiyang Technology and participated in the research and development of the origin operating system, it may have nothing to do with Huawei in the future.

……

Not only the research and development of the operating system is on the right track, but other projects of Weiyang Technology are also progressing well.

Today, the Youshi video platform has over [-] million downloads on the entire network, and has become one of the largest video platforms in China. Together with Youku, iQiyi, and Tencent Video, they are collectively known as the four major video platforms in China.

Under the promotion of Lin Rui, Youshi has reached a cooperation with Fantasia Film and Television Media Company.Next, we will search for some popular IPs suitable for adaptation on Weiyue.com.cn.Shoot some self-made dramas with exclusive copyright to increase the competitiveness and hematopoietic ability of the platform.

The development of Weiyue Chinese website is also good. The monthly revenue has exceeded 7000 million, which has exceeded the starting point in terms of scale.Due to the low subscription price, paid users are far beyond the starting point.

However, since the site has only been opened for more than a year, the background is not enough, and the number of authors is not enough.

From a certain point of view, Weiyue Chinese website has already taken the position of the largest online literature website in China.

……

Shangdong Music Platform, holding so many music copyrights and original musicians, has developed very rapidly during this period, and the number of paying users has also increased rapidly.

There are quite a few original musicians who rely on the Shangdong music platform to achieve self-sufficiency, relying on music to make a living!
With such a role model, more musicians are awakened to their dreams, join the platform silently, and strive for their ideals again.

In terms of games, with the saturation of the web game market, the revenue growth of web games has completely slowed down; on the contrary, with the popularization of smartphones, the market of mobile games has gradually exploded, and the current revenue growth is extremely rapid.

Youyi's live broadcast platform is also developing very well. Under the control of Sun Yutong, coupled with the support of a large number of resources from the company, it has also caught the wind of the explosion of smart phones.

The current registered users have exceeded 4500 million, and the platform has as many as 8000 million monthly transactions.

Now Youyi Live and YY live broadcast platforms are vying for the position of the largest live broadcast platform in China, depending on the situation, the time to win will not be too far away.

Xinghai Science and Technology Group has also developed well during this period. With the completion of Weiyang Technology R&D Centers one after another, some of the previously transferred personnel have returned to their posts and started working normally.

After the establishment of Microchip, the group began to be busy establishing a chip research and development center, and cooperated with major headhunters to find talents in the chip field.

At the same time, Xingkong Technology Group has set up two acquisition teams in a low-key manner, and is already in contact with Spreadtrum and Di Ruike.Discuss the delisting and privatization from the US stock market, and the feedback is not bad.

The competitiveness of the domestic chip industry itself is not high, and the smartphone chip started a little later, and the competitiveness in all aspects is even further behind.

Coupled with the domestic environment and some foreign restrictions, the future of these two chip companies does not look very bright now.

However, this is according to Lin Rui's wishes. The development is so good, how can I buy it.

In this acquisition, what Lin Rui is most interested in is not the smartphone chips developed by the two chip companies, but their complete technical system and solid foundation.

As long as the foundation is solid enough and has its own independent technical system, being behind for a while is nothing.As long as you are willing to spend money and recruit talents from all over the world, you can always get the technology up.

The focus is different, and the results are naturally different.

Today, smartphone chips are dominated by Qualcomm and MediaTek.Although Spreadtrum and DIREC have released their own mobile phone chips, none of the mainstream smartphone manufacturers in China have adopted them.

Of course, it cannot be said that these two chip companies have no market, but still have a certain market.Many counterfeit phones, parallel machines, and small-brand mobile phones in China use chips from these two companies, after all, they are cheap enough!
But this kind of market, not to mention publicity, they themselves are too embarrassed to mention it.

In this way, the gloomy market environment of these two chip companies also made the acquisition simpler and easier.

It is good news for Xingkong Technology.

……

In Hong Kong, with the capital injection of 40 billion yuan at the beginning of the month, Weiyin International has achieved good results in recent days.

First, the shares of Ali, the Hong Kong stock market, have been cooperated with several financial companies. Under the auspices of Chen Fan, WeiBank International has now mastered nearly 10% of Ali's shares.

After a while, the initial shareholding target can be reached.

For the shares of Spreadtrum and Diruike, the same measures as Ali were adopted. In order not to attract everyone's attention, several financial companies were entrusted to cooperate in raising funds.

In the general environment of sluggish stock prices, everything is going smoothly, and now it has 6% of Spreadtrum's shares and 7% of Di Ruike's shares.

In the future, we will further attract funds to reduce the difficulty and cost of acquisitions.

On the contrary, the stakes in SMIC and BOE are much more fair.

The stock prices of these two companies happened to be sluggish, and Xingkong Technology did not intend to acquire them, so there was no need to hide it.

A few days ago, SMIC's shares held by Microbank International reached 5%. Without delay, Chen Fan directly announced on the Hong Kong Stock Exchange, which attracted a lot of attention.

So far, the company has held a 5.8% stake in SMIC.

The same is true for BOE. A few days ago, its shareholding reached 5%, and it directly announced to the market with a placard. Up to now, the company's shareholding in BOE has exceeded 6%.

Xingkong Technology Group has successively absorbed the stocks of two leading domestic technology companies in the open market, and their shareholdings have exceeded 5%, which has attracted a lot of attention.

They were all speculating about Xingkong Technology Group's intentions, and some even thought of Lin Rui's several big acquisitions and wondered whether he wanted to acquire these two companies.

Unfortunately, no one answered this question.

For netizens' questions, Xinghai Science and Technology Group is only a formulaic response, which is the group's normal market behavior.

……

This morning, when Lin Rui came to the company, he heard the news that Shanda Literature's IPO had failed again as soon as he finished his work.

As the biggest competitor of Weiyue Chinese.com, Shanda Literature, the parent company of Qidian Chinese.com, is definitely the leader of domestic online literature.

Its subsidiaries not only include Qidian Chinese Website, but also Hongxiu Tianxiang, Xiaoxiang Academy, Banyan Tree, etc... several major original literature websites.

After Shanda, the head office reached its peak in 05, it has gradually started to decline in recent years.Especially in the past two years, the performance has been getting worse and worse, and the market value has also declined rapidly. The former Internet giants now have less and less sense of existence.

Shanda Literature, a subsidiary of its subsidiary, has been on the road of loss, and needs to draw blood from the parent company every year to replenish cash flow, which is a big burden for Shanda.

Therefore, in the past two years, Shanda has been promoting the listing of Shanda Literature.

It is a pity that in May last year, Shanda Literature submitted its first IPO application. During that period, concept stocks were cold in the US stock market, and unfortunately the listing failed. In July, Shanda announced it was suspending its IPO plans until market conditions improved.

Then in February this year, Shanda Literature submitted an IPO application to the New York Stock Exchange again, but was rejected again!

It's so sad!

Applying for listing twice and being rejected twice made Shanda's heart gradually turn cold.

Shanda Literature has been unable to make a profit, and needs blood transfusions from Shanda every year. Now that Shanda has gone downhill, the landlord's family has no food left.

I wanted to push Shanda Literature to go public and get rid of this burden, but it failed the review.

According to the news that Lin Rui heard, Shanda was also very frustrated inside after the listing of Shanda Literature was rejected.After raising the website for so many years, I can't realize it at all, and my heart is getting a little cold.

Even within Shanda, there have been talks of selling Shanda Literature and stopping blood transfusions.

……

Lin Rui's heart skipped a beat when he heard this remark that he didn't know the truth of. If Shanda really planned to sell Shanda Literature, Lin Rui would be very interested in taking over.

Apart from other things, Lin Rui is very interested in its Qidian Chinese website, after all, he has written a book on it.

Now in the domestic online literature circle, it can be regarded as a group of demons dancing wildly, each attacking the city and occupying the territory.

Some time ago, Tencent directly recruited a team from the starting point to set up its own novel website, Chuangshi Chinese.com.

Baidu has also begun to fully enter online literature; Sina has also quietly established a literature business company; Perfect has also recently made frequent efforts to promote it on mobile terminals.

Coupled with various other types of small websites springing up like mushrooms after rain, the competition in the field of web literature has entered a white-hot stage.

If Weiyue Chinese.com is the main body and Shanda Literature is acquired, then Weiyang Technology can occupy 80% of the domestic online literature market in an instant.

Not to mention monopolizing the domestic online literary world, it's almost the same. If you try to drop ten meetings, there is no need to fight for it.

Not only that, but in this way, many popular IPs are also held by Weiyang Technology in an instant.With the development of social economy, the content industry will become more and more important in the future, and the value of these IPs can be imagined.

Now, taking advantage of Shanda Literature's trough, if it can be acquired, it will definitely not lose money.

Thinking of this, Lin Rui found a prospectus of Shanda Literature on the Internet and studied it.

招股书显示，盛大文学2009年、2010年和2011年的净营收分别为人民币1.346亿元、3.93亿元和7.011亿元，年平均增长率达到128.3%。

2009年、2010年和2011年，净亏损分别为人民币7450万元、5650万元和3590万元。

It should be said that from the data point of view, this financial report is still very "promising", the net revenue continues to expand, while the net loss continues to narrow.

Such a curve should be in line with the tastes of overseas investors, but it just cannot pass the IPO application.

In other words, the revenue of Weiyue Chinese.com last year was only at this level. After the merger of the two companies, it will definitely have the effect of 1+1 greater than [-].

……

After thinking for a while, Lin Rui made a decision.First, send someone to contact Shanda to test the other party's intentions.

If the other party intends to sell it, then it's easy to talk about it; if they don't sell it, don't worry about it!

However, according to Lin Rui's estimation, Shanda Literature, which has gradually become a burden of Shanda, is very likely to be sold.

Later, Lin Rui asked his secretary Shen Fei to invite several executives over. This matter still needs to be discussed and prepared in advance.

(End of this chapter)