My 1999
Chapter 477 Hongmeng Interim Newspaper
In addition to his own changes, what impressed him even more was Xu Liang's career.
Not to mention the growing Hongmeng.
The development of Hanhua is even more shocking.
He still remembers his shock when he saw in the Wall Street Journal that Xu Liang had made tens of billions of dollars through the oil crisis.
"Lao Xie? Lao Xie?"
Xie Wen, who came back to his senses, quickly stepped forward.
"Mr. Xu, did you call me?"
"What's wrong? Are you feeling unwell?"
"No. I slept a little late yesterday, and my brain's reaction time is a bit slow."
"For Series B financing?"
Xie Wen nodded, "Nearly twenty institutions are interested in participating in Series B financing. How to achieve the purpose of expanding our network while ensuring our interests is worth considering."
Now Hongmeng is a hot cake.
Top financial institutions around the world want a bite.
However, Hongmeng only raised 15% of its shares this time, and these shares are destined not to be distributed to too many institutions.
There is a high probability that seven or eight companies will be able to bear the burden of the sky.
If you want to screen out these partners, just relying on more money or less money will definitely not work.
For Hongmeng now, the most important thing is not money but connections.
But it’s not enough to just look at connections. After all, Hongmeng does need money to develop.
So how to strike a balance between money and connections tests the wisdom of Xu Liang and Xie Wen.
"There is still more than a week, we can slowly consider this matter. Come on, accompany me in for a walk."
"Please."
Under the leadership of Xie Wen, Xu Liang went to the Hongmeng Spaceship headquarters and Taihua City.
Although the three major projects have not yet been capped, their internal structures are already very complete.
Standing on the roof of the No. 1 office building in Taihua City, you can overlook the entire Hongmeng project section.
The huge World Customs Garden is still dilapidated, but it will be renovated once the first phase of the project is completed.
"Lao Xie, when can it be capped?"
"It will be over at the end of August, and then we will start the facade decoration, interior decoration and park greening. If it is quick, it will be completed by the end of the year, if it is slow, it will be at most March next year."
Xu Liang nodded, "Does that mean the company can move there in the middle of next year?"
"yes."
"I'm afraid not."
"Why?"
"It needs to be renovated before we can move in." Xie Wen said.
"Didn't you just say that the interior decoration would start soon?"
Xie Wen smiled and said: "Mr. Xu, the internal decoration of the project only involves the installation of pipelines, fire protection devices, doors and windows; after the entire project is completed, the internal decoration, suspended ceilings, floor tiles, latex paint, and lighting fixtures will be installed. wait.
This work is very tedious and our area is large.
It will take at least half a year to finish. "
"So troublesome?"
Xu Liang didn’t know much about decoration, so he didn’t expect it would take so long.
"I only found out after I learned about it. But even so, we completed the entire project in two and a half years, which is already very fast. In comparison, a building of the same scale would take at least four years."
Of course Xu Liang knew that they were already very fast, otherwise they wouldn't have so much money flowing out of the account every month.
"Then just wait another half a year."
After saying that, he turned around and walked downstairs.
The group returned to the company.
Everyone else left, leaving only Xie Wen.
"Mr. Xu, this is the company's 2003 interim report."
Xie Wen handed over a thick stack of documents.
As the company continues to develop, the thickness of Hongmeng's quarterly reports, interim reports, and annual reports are also increasing day by day.
Xu Liang took it and didn't look at it in a hurry.
"How much does "Warcraft 3: The Frozen Throne" sell for now?"
At the mention of this, a smile instantly appeared on Xie Wen's face.
"Mr. Xu has a keen eye. Warcraft 3 has made us a lot of money. As of now, in the past 20 days, the sales of optical discs have exceeded 7 million, and the revenue has reached 560 million US dollars.
Peripheral licensing such as toys, pictorials, clothes, etc. has generated revenue of US$640 million, far exceeding the sales of CDs. And it’s still growing.
According to our internal estimates, the value of "Warcraft 3: The Frozen Throne" has climbed to $5 billion. "
While Xie Wen was excited, he looked at Xu Liang with even more admiration.
Although he had no objection to the acquisition of Vivendi Games, when Google joined in and raised the transaction price of Vivendi Games to US$3 billion, he was already planning to give up.
However, Xu Liang persisted and this treasure fell into their hands.
Now, no one thinks that the US$3.2 billion acquisition of Vivendi Games is too high, and it will be all earned with just one "Warcraft 3".
Feeling Xie Wen's admiring eyes, Xu Liang felt very happy.
People often have such bad behavior.
I look down on people who flatter themselves, but if the person being flattered is myself, that's fine.
Xu Liang opened Hongmeng's interim report.
There is no doubt that after half a year of development, Hongmeng’s revenue has reached a higher level.
In the first half of 2003, Hongmeng Company generated net sales of 24.7 billion Chinese dollars, and net profit exceeded 5.9 billion Chinese dollars, a year-on-year increase of 271%.
In addition, among the top ten subsidiaries of Hongmeng in China, Japan, South Korea, Zhongnan, Nanyang, Central Asia, Europe, Germany, France, and the United States, the one that generates the most revenue is still the Japanese subsidiary.
Hongmeng Dongying has accumulated a lot of experience.
Bing's advertising business continues to skyrocket, and its game business has quickly become popular around the world with the release of "The King of Fighters 2002" and "Metal Slug 2002" based on the previous games.
Combined, the two sold 5.8 million discs.
With the popularity of "Warcraft 3", the revenue of North American companies has caught up, surpassing South Korea and China to become the second subsidiary in terms of revenue.
However, the subsidiary with the third highest revenue is not a Chinese company, but a European company.
Although the German-speaking market including Germany, the Netherlands, and Austria was separated, as well as the French-speaking market such as France, Belgium, and Switzerland, and the English market was abandoned, relying on the vast southern European market, after more than two years of development, it finally entered a period of rapid growth. .
In the first half of 2003, revenue exceeded 5.4 billion Chinese dollars.
Although Central Asia Company includes the Middle East market and some South Asian markets, it is currently the slowest in development among all subsidiaries.
This year is still in the stage of net investment.
In terms of specific business, the game business is still the unquestionable number one.
The annexation of Vivendi Games and the outbreak of "Warcraft 3" have greatly strengthened Hongmeng's game business. Just looking at the interim financial report, Hongmeng Games' revenue has surpassed Nintendo.
If Sony's game hardware revenue hadn't accounted for a very high proportion, it would have been pulled down by Hongmeng Games.
The one with the greatest potential to challenge Hongmeng’s gaming business is Bing.
Bing currently has 250 million registered users worldwide, 319,000 enterprise users, 2.99 billion index databases, and 628 million daily users.
There are 850,000 encyclopedia items, 1.49 billion known items, 29.89 million pictures, and 3.23 million books.
In the middle of fiscal year 2003, Hongmeng Bing generated revenue of 5.983 billion Chinese dollars and net profit of 2.27 billion Chinese dollars, nearly three times more than the same period last year.
Behind Hongmeng Bing is the Internet cafe business.
At present, the company has 1,529 large-scale Internet cafes in Zhongnan, Xiangjiang and Nanyang, with more than one million computers. The number of Internet cafes authorized by the brand and providing post-service services has exceeded 5,000.
With this abundant capital and the network of relationships woven with the assistance of Hanhua Capital, Hongmeng's Internet cafe business almost occupies more than 60% of the entire Southeast Asian market.
It can be said that Hongmeng has spawned a huge Internet cafe business in Southeast Asia with its assembled computers and some second-hand computers, and promoted the development of the Internet here.
Throughout mid-2003, the Internet cafe business generated revenue of 5.65 billion Chinese dollars and net profit of 1.58 billion Chinese dollars.
This business is simple and rough, but the profits are really huge.
Even if Hongmeng has allocated part of its share to local local snakes and umbrellas in order to operate normally, it can still make huge profits.
No wonder Li Haizhen covets the vast Indian market.
It is indeed too profitable.
In the words of later generations, it is just bad money.
But no matter what kind of money, as long as you can make money.
Thanks to the huge profits from Internet cafes, Hongmeng Zhongnan Company and Hongmeng Nanyang Company were able to maintain the development of Bing, Naver, Hongmeng Music, Hongmeng Comics and other businesses despite losses.
Behind the Internet cafe is the portal business.
In this era when Internet search has not fully exploded and communities and e-commerce are in the ascendant.
Portals are the undisputed leader of the Internet industry.
Having overcome the Nasdaq crisis, Yahoo's stock price has recovered to US$45 billion. The market capitalization of Yahoo Japan, which lives alone in Japan, is close to US$50 billion, which is simply an exaggeration.
The two have the highest market capitalization of all Internet companies.
In comparison, Amazon has just exceeded 10 billion.
Hongmeng's portals, domestic Sina and foreign Naver, after the integration of the two, currently have 220 million registered users worldwide and 530 million daily active users.
In mid-2003, the portal business generated revenue of 2.983 billion Chinese dollars and net profit of 520 million Chinese dollars.
It has increased six times compared with the same period last year. In addition to the explosion of Sina's cable business, it also benefited from the growth of advertising business.
Monternet grew faster in 2003 and its returns were higher.
Unfortunately, Southeast Asia is still a mudflat, which has dragged down the overall profitability of the portal business.
If it weren't for the purpose of preserving this public opinion channel, he would have sold the Southeast Asian Naver website long ago.
The revenue of Hongmeng No. 1 store exceeded 2 billion Hua Xia Yuan, but unfortunately the net profit was zero.
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