My 1999

Hongmeng Games can be said to be the second largest company in Hongmeng after Bing.

Especially now, World of Warcraft is in full swing.

The Chinese game market is booming again.

Once the company goes public, it is highly likely that the market value will exceed 100 billion US dollars.

"Hongmeng Games, Kingsoft Software, and Universal Pictures should all prepare together and strive to go public in June this year."

The subprime mortgage crisis is coming soon.

If it goes public now, after a six-month lock-up period, it will be just the end of 2007. Before Lehman goes bankrupt, sell a wave of shares first.

Anyway, there is an AB share system, so there is no need to worry about holding too few shares and being snatched away by others.

Wait for Lehman to go bankrupt and the crisis to reach its peak, and then take the opportunity to buy at the bottom.

This in and out.

At least Hongmeng can make billions of dollars more.

Xie Wen was a little surprised.

I didn't expect the big boss to be so happy to list all the profitable subsidiaries of Hongmeng?

"You don't agree?"

"No, no, it's just a little unexpected. Before, our subsidiaries were listed one by one, but now they are all pushed up at once. Some are busy this year."

"It's better to be busy. Being busy means that the company is developing."

"You mean the listing strategy...?"

"Like Bing, it will be listed in Hong Kong and Nasdaq, with JP Morgan and Goldman Sachs responsible for the United States and Hanhua responsible for Asia."

"Universal Pictures is also listed in Hong Kong and Nasdaq?"

Hongmeng Games has a heavy business in Asia, accounting for about 40% of the company's overall revenue.

But after Universal Pictures integrated DreamWorks Animation, 90% of its revenue is in the European and American markets, so there is no need to list in Hong Kong.

"It must be listed in Hong Kong.

Now Hollywood is popular all over the world, especially in the Chinese market, where box office is getting higher and higher.

But none of the big Hollywood companies are listed in the East. Universal Pictures' secondary listing here is also a test. The initial shares don't need to be too many.

5% is enough.

If the effect is good, then issue new shares."

Xie Wen nodded and agreed.

"Old Xie, Bing's IPO lockup is coming to an end, right?"

"There's still one month and seven days left."

"After Bing is unblocked, we will sell off our shares without affecting Bing's stock price. No.1 Store and Sina, as well as Hongmeng Games, Kingsoft Software and Universal Pictures that will be listed later, will also be handled in the same way."

"Mr. Xu, are there any restrictions?"

"It can't be less than 10%, just maintain our management rights over the major subsidiaries."

Xie Wen nodded and smiled.

"By next year, I'm afraid Hongmeng will become the world's most cash-rich technology company."

The market value of Bing and Hongmeng Games is basically more than 100 billion US dollars. Even if 10% of the shares are sold, 23 billion US dollars in after-tax income can be recovered.

If 20% is sold, this amount will double.

Add to that other companies.

At the end of 2008, Hongmeng headquarters can recover at least 50 billion US dollars in cash, given the good global stock market growth and the fact that Internet stocks are favored by capital.

60 billion, 70 billion, or even higher.

Add to that the cash accumulated by Hongmeng itself.

That's less than 100 billion US dollars.

No company in the world has so much cash.

Xu Liang smiled. It is true that there is no such thing now, but later that rotten apple accumulated $250 billion in cash assets.

This money is just deposited in the bank to earn interest, and Apple's income exceeds 99.99% of the world's large companies.

"There is indeed more liquidity, but it is only for a while. When the rotten sore of the subprime mortgage crisis in the United States bursts, we will have to use the money to buy at the bottom."

The overheated US real estate market is no secret to Xie Wen, who has already stood at the top of the business world.

"Do you think the US subprime mortgage market will burst in 2008?"

"No, there will be signs this year. But it will take some time for the crisis to break out, and 2008 will be the peak."

Xie Wen nodded. For so many years, the big boss's judgment has never been wrong.

He glanced at him.

"The capital market is too risky, and Hongmeng does not need to rush in.

With huge capital accumulation, low-risk treasury bonds, overnight borrowing, and money funds are enough for Hongmeng to make a lot of money."

"Don't worry, Hongmeng will not make high-risk investments." Xie Wen smiled.

Xu Liang stood up.

"I've said what I need to say. Go ahead. I'll go to other departments."

Xie Wen agreed and turned away.

Xu Liang came to the Hongmeng R\u0026D headquarters.

Last year, the Hongmeng R\u0026D headquarters was still in the big flying saucer.

But there are people from all major companies here, and the risk of leaks is very high.

So, after the second phase of the "Future Science City" is completed, the unfinished buildings that originally belonged to the "World Style Garden" are completed.

The Hongmeng R\u0026D headquarters chose the largest one and moved there.

After the reconstruction of the "World Style Garden" plot, 70% became green land, and the remaining 18 independent buildings with various styles.

From 3,000 to tens of thousands of square meters.

Because of the beautiful scenery and the excellent location.

Once it was launched, it was taken away by financial and technology companies from all over the world.

Foreigners are more fond of such places with good greenery.

"Mr. Xu, Happy New Year."

Hearing that the big boss was coming, Qiu Bojun, the chief engineer of the "Mobile Operating System" R\u0026D of the Hongmeng Research Institute, hurriedly came out to greet him.

"Happy New Year. Lao Qiu, I heard from Mr. Xie that you have already come up with a mature product, so I came to take a look."

Hongmeng has been developing mobile operating systems under the leadership of Xu Liang since 2003, and acquired Android in 2004.

The cooperation between China and the United States has accelerated several times.

"It was just made last month."

"Come on, show me." Xu Liang said happily.

"Please come this way."

The two came to the laboratory.

After rigorous inspection, Xu Liang got the smartphone he had longed for.

"This is a mobile phone we made together with Kunlun Company. The main screen is 3.5 inches, the resolution is 320×480 pixels, the phone size is 115cm and the body weight is 135g.

The network mode is GSM, the data service is GPRS, EDGE, and the network support frequency band is GSM850/900/1800/1900MHz.

The CPU model is ARM11, and the rear camera has a pixel size of 2 million pixels. "Qiubojun said excitedly.

Xu Liang took it.

This phone does not have a ‘home’ button placed at the bottom of the screen, but uses the ‘three-keyboard mode’ that was very common in the previous generation.

The former has been patented by Apple.

There are not many apps, and they are basically mobile versions developed by Hongmeng and Penguin.

I clicked on the Penguin APP and tried it. The Internet speed was very slow and it took three seconds to open.

Xu Liang frowned.

This speed is very uncomfortable for him who is used to the speed of later generations.

But there is nothing we can do. China is still 2G now and will not truly enter the 3G era until 2009.

So, this is actually a 2G phone.

Xu Liang worked hard, and because of his guidance, this phone has the shadow of mature smartphones in later generations.

For example, the control center list slides down, and the phone book and text messages are fixed at the bottom, etc.

The only pity is that the speed is too slow. In order to increase the opening speed as much as possible, the APP has many fewer functions than the PC version.

But the flaws do not hide the virtues.

This is indeed an epoch-making mobile phone, stepping into the threshold of smartphones with one foot.

After being satisfied, Xu Liang put down his phone.

"Lao Qiu, you have worked hard these past few years."

Qiu Bojun's face showed pride. In the past four years, he has spent most of his time in Hongmeng's laboratory, leading an increasingly large team to develop this operating system officially named 'Android' .

After putting in countless efforts and hard work, we finally saw the dawn of victory.

After patting his shoulder, Xu Liang continued with a smile.

"I am going to set up an 'Android Company' to be responsible for the promotion, research and development and operation of the Android operating system, and you will be the CEO."

"Am I the CEO?"

After Xu Liang nodded, "No one is more familiar with Android than you. Moreover, this Android is only the first version, and it will take a lot of time to perfect.

Develop a better 3G version, and there will be a 4G version in the future and so on.

In addition, as the CEO of Android Company, you also hold 3% stock options of Android Company.

How about it, are you willing to take on this responsibility? "

Qiu Bojun nodded after thinking for a while.

"Since you trust me, I am willing to take over Android."

"Haha, I knew you would agree."

Xu Liang waved, and Lu Hui handed over a document.

After flipping through it briefly, he handed it to Mr. Qiubo.

"This is the development plan for Android Company that I wrote. Take it back and have a look. If there are no problems, then hurry up and start taking action."

This plan is the free plan provided by Google for Android.

Qiubo Jun took it and flipped through it, "Mr. Xu, if Android develops according to this plan, then Kunlun's mobile phone business will have no advantage over other companies."

He and Lei Jun are very good friends after working together at Jinshan Company for many years.

“Hongmeng is Hongmeng, Kunlun is Kunlun, they cannot be confused.

Hongmeng Android’s goal is to become the world’s number one ‘mobile operating system’ company.

As for Kunlun, even without the exclusive rights to the Android operating system, no mobile phone company in the world can match it except Apple. "

I hope Mr. Bo understands what he means.

Kunlun has come up with a full-fledged Android smartphone with the help of Hongmeng Android.

In contrast, other mobile phone companies, even Motorola and Ericsson, are still immersed in the world of feature phones.

Kunlun has caught the pulse of the times, but they have not.

This is a huge advantage.

"Okay, go back and prepare for your Global Developers Conference. Kunlun will naturally have its own way."

"Um."

After explaining Qiu Bojun, Xu Liang went around in other departments of the R\u0026D department.

Hongmeng’s R\u0026D department has many departments. However, after splitting off the R\u0026D departments of subsidiaries such as Bing, Yihaodian, and Sina, the R\u0026D departments that still remain at the headquarters mainly focus on cutting-edge technologies such as big data, artificial intelligence, cloud computing, and virtual reality. Technology is the main focus.

After inspecting Hongmeng and having dinner with the company's senior executives in the evening, Xu Liang returned home.

After looking at Jiang Xiaoyang and his son, he came to the study room with Hongmeng's 2006 operating information and financial report.

After selling off Wangke and merging Universal Pictures and DreamWorks Animation, there are currently eleven subsidiaries under Hongmeng Corporation.

Bing, Yihaodian, Sina, Universal Pictures, Hongmeng Games, Hongmeng Pay, Youku (YouTube), Hongmeng Pay, Pangu Company, Chaos Company and Android Company.

Pangu Company operates big data and cloud computing. After nearly four years of development, it has become the largest big data and cloud computing company in Asia.

Because it was founded earlier than Amazon.

Its international market share is also 9 percentage points higher than that of the other party.

Chaos mainly provides satellite images and aerial images, serving global Internet map companies.

Android is not to be mentioned.

In 2006, it created a total revenue of 24.7 billion US dollars and a net profit of 5.475 billion US dollars.

Excluding NetEase, the total market value of its listed companies is 218.4 billion US dollars, and Bing accounts for 70%.

In terms of assets, cash and cash equivalents are 24.05 billion US dollars.

It also owns 12% of Penguin and 16.3% of Ctrip.

It can be said that it is thriving.

Of course, there are crises under this prosperous appearance.

The mobile era is coming. Although Xu Liang has already laid out, whether he can grasp it in the end and prosper again for another 20 years depends on his and Hongmeng's senior management.

Dinglingling...

The phone rang.

After picking it up and taking a look, he pressed the answer button.

"Mr. Xu, it's me, Lei Jun."

"Old Lei, is there something you need to call me so late?"

"Mr. Xu, Kunlun has signed a purchase contract with Foxconn, and 20,000 Kunlun K1 phones have been delivered, so I want to hold a new model launch conference to officially launch the 'Kunlun K1' smartphone."

In the previous life, inviting large media and major customers to hold new machine launch conferences was the basic operation of all consumer electronics companies.

So when Kunlun was established, Xu Liang told Lei Jun about this idea.

Whenever Kunlun wanted to launch a new computer, it would find a gymnasium or auditorium to hold a new machine launch conference.

Time and time again.

Kunlun has become a technology giant second only to Lenovo in China.

Even among most young people, Kunlun's reputation is better than Lenovo.

"Okay, no problem. When you decide on a time, remember to tell me."

"Okay."

"How is the chip research and development going?"

At the beginning, Xu Liang acquired all the research and development and production patents of Hynix's IC chips.

The latter was sold to SMIC, and the R\u0026D patents were sold to Kunlun, allowing it to directly research mobile phone chips.

The examples of Apple and Huawei prove it.

If you want to make a good mobile phone, self-developed chips are the kingly way.

An adapted chip is not only more power-saving and runs more smoothly, but also can tap more chip performance.

"Mr. Xu, we are still working hard."

"Can you produce a finished product by the end of this year?"

"I will do my best."

Hearing his tone, Xu Liang knew it was very reluctant.

But this is understandable.

China's mobile phone SOC foundation is too poor.

No talent, no foundation.

Even if there are Hynix patents, Hynix itself is second-rate in this area.

And after these patented technologies arrive at Kunlun, they must be digested and absorbed before they can innovate on their basis.

It takes too much time.

"I know that it takes time to develop chips on your own, and Kunlun has a poor foundation, but if a company wants to go long-term, it must have its own patent pool.

If you only do assembly and don't have your own moat, you won't go long."

"I understand. Mr. Xu, don't worry, I will urge the R\u0026D department to come up with qualified 3G mobile phone chips as soon as possible."

"Remember to tell me if you encounter difficulties, I will fully support you."

"Yes."

The two chatted for a while and then hung up the phone.

Kunlun's SOC chip started with 3G and gave up 2G.

Setting high goals is also one of the reasons for the difficult birth.

But Xu Liang doesn't want to waste precious funds on 2G, a technology that is destined to be eliminated soon.

I would rather spend more time and energy.

"The era of intelligence is coming soon, and some Internet giants in the new era should start planning early."

China's Didi, Meituan, Toutiao, and foreign Uber, Airbnb, etc.

This time he doesn't plan to go out in person, but simply become an investor.

Getting Alibaba, Penguin, and Hongmeng is enough. If you talk more, the iron fist will come.

The same is true for the United States. Facebook is the limit of the United States.