My 1999

August 1, Friday, the weather is clear.

One after another, high-end commercial vehicles entered the underground parking lot of Wangjing Building.

On this day, the world’s top capital institutions have set their sights on Hongmeng.

Because the matter was so important, a lot of police officers were patrolling outside the building.

Moreover, many media who had received the news in advance also appeared outside the building.

The originally bustling streets became more lively.

Lu Hui looked at the big boss standing by the window with a calm expression and hesitated.

"Mr. Xu, the negotiations will start in five minutes. Are you really not going?"

Xu Liang turned his head and smiled: "What, you really want to go?"

"I just think it's important." Lu Hui said quickly.

"Hongmeng's Series B financing is indeed very important. But the negotiation cannot be concluded in one day. Let Lao Xie talk about it first. When the talks are almost done, it's time to wrap up. It won't be too late for me to step forward."

Investments worth billions of dollars are not easy to negotiate.

There will definitely be a long period of tension surrounding Hongmeng's valuation and the powers and responsibilities of investment institutions, and there is no need for him to focus on it.

Lu Hui nodded and said nothing more.

at the same time.

The large conference room of Hongmeng Company, which can accommodate hundreds of people, is already full.

The middle seats were occupied by representatives of major institutions, followed by their secretaries and assistants.

Xie Wen sat in the middle with people from Hongmeng Company.

Everyone was thinking or flipping through the materials in their hands. Except for the occasional cough, the conference room seemed very quiet.

Sudden.

A few coughs attracted everyone's attention.

Facing everyone's gaze, even Xie Wen, who has been running Hongmeng for nearly four years and presided over Hongmeng's Series A financing, feels quite stressed.

There are too many organizations coming this time, and they are stronger.

"Everyone, I am Xie Wen, Chief Operating Officer of Hongmeng Company. On behalf of Hongmeng and Mr. Xu Liang, I welcome you all."

Wow….

Everyone applauded in unison.

"Next, I will introduce the current development status of Hongmeng Company."

After a pause.

"Hongmeng Company was established in March 2000. After nearly four years of development, it currently has 11 subsidiaries in China, South Korea, Japan, Central and South Korea, Nanyang, the Middle East, Germany, France, North America, Europe and South America.

Establish an Internet comprehensive enterprise with two main businesses: Internet search and pan-entertainment, as well as branch businesses such as portals, e-commerce, online communities, and Internet cafes.

From the establishment of the company to the present, under the leadership of Mr. Xu Liang, Hongmeng has grown rapidly. Its monthly revenue has grown from less than one million at the beginning to 8.7 billion Huaxia coins now. It has achieved leaps and bounds and has made Hongmeng a world-class company. Internet company. "

This 8.7 billion Huaxia Coin actually has a certain amount of water, and it happened to be stuck at the launch of "Warcraft 3", which suddenly increased Hongmeng's revenue by nearly 5 billion Huaxia Coin.

As the popularity of "Warcraft 3" decreases, Hongmeng's revenue will also decline and then tend to balance.

But now that the 8.7 billion Huaxia Coin has been released, many people have a look of surprise on their faces.

“In terms of search business, Bing 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.

Occupying 53% of the global search market, it is the world's largest Internet search company.

In the field of pan-entertainment, with the outbreak of "Warcraft 3" and the popularity of games such as "Legend" and "The King of Fighters", Hongmeng Games' revenue has surpassed Nintendo and is the world's largest gaming company.

In addition, Hongmeng is also developing continuously in branch fields such as film and television, music, comics, and animation.

In terms of Internet cafe business, Hongmeng currently has 1,529 large-scale Internet cafes with more than one million computers in Zhongnan, Xiangjiang and Nanyang. The number of Internet cafes authorized by the brand and providing post-service services has exceeded 5,000.

Hongmeng's Internet cafe business accounts for more than 60% of the entire Southeast Asian market. As of 2003, its revenue has exceeded 5 billion Chinese dollars, and has effectively promoted the development of Hongmeng's other businesses in the Southeast Asian and South Asian markets.

In terms of portal website business, Hongmeng’s Sina website currently has 220 million registered users in China, Southeast Asia and other places, with 530 million daily active users.

The sports, forums, games and other sub-businesses under the website are developing well.

In terms of e-commerce business, Hongmeng mainly focuses on B2C business, which is divided into three parts: online, offline and logistics. Currently, Hongmeng has invested nearly 1 billion US dollars in the logistics part to build eight first-level logistics centers across the country and dozens of The secondary logistics center and more than 2,000 logistics and distribution points have woven a logistics and distribution network covering major provinces and cities across the country.

It is the largest logistics company in the country, strongly supporting the development of online shopping.

Currently, the number of registered users of Hongmeng’s e-commerce brand ‘Yihaodian’ has exceeded 11.43 million, and its revenue has exceeded 2 billion Hua Xia Yuan.

In addition to its online business, Yihaodian also has offline boutique retail stores, focusing on mid-to-high-end products.

So far, Yihaodian has more than 219 offline retail stores and has generated revenue of 380 million Chinese yuan and a net profit of 46 million yuan.

In addition, Hongmeng also has branch businesses such as Pangu Browser that have developed well... "

After a brief introduction to Hongmeng’s mainstream business.

“From 2003 to now, Hongmeng has generated net revenue of 34.7 billion Chinese dollars, and net profit has exceeded 6.1 billion Chinese dollars, a year-on-year increase of 291%.

The total annual revenue is expected to exceed 50 billion Chinese dollars, and the net profit will exceed 9 billion Chinese dollars. "

Xie Wen's melodious voice paused, and his eyes quickly swept over everyone.

"In the context of the current recovery of the global Internet industry and the rapid development of Hongmeng Company, we have decided to use 70 times Hongmeng Company's net profit as a fundraising condition."

Before he finished speaking, everyone in the audience started to commotion.

"Mr. Xie, I admit that Hongmeng is developing well, but the condition of 70 times net profit is absolutely impossible to accept."

"It's impossible for us to accept it."

“70 times? That’s ridiculous.”…

Xie Wen was not surprised by everyone's rejection. Originally, what he had discussed with Xu Liang was to ask for prices all over the place and pay back the money on arrival.

"Everyone, Hongmeng's valuation condition of 70 times net profit is not a random increase in price, but based on detailed data."

He waved his hand.

The Hongmeng employees who had prepared it a long time ago distributed the information in their hands to everyone.

"The information you have received contains detailed development data of Hongmeng Company. You can take a look at it first and then judge whether Hongmeng is worth investing in."

The sound of the director turning pages quickly sounded in the conference room.

Xu Liang sat in the office, watching the negotiation scene on the TV opposite, and breathed out slowly.

Picked up the remote control and turned off the TV.

"Mr. Xu, don't you want to read it?"

"There's nothing to see. What follows is just endless negotiations."

Xie Wen's task here is to draw the bottom line of Hongmeng financing.

After he has agreed on a specific investment multiple, Xu Liang will contact these people privately and decide who will have more shares and who will have less according to other conditions they come up with.

This is a long-term process.

There can be no results within a month or two.

Jingle Bell…….

Lu Hui's cell phone rang.

After picking up for a moment.

"Mr. Xu, Mr. Qiubo is here."

"Let the front desk bring him over."

Lu Hui nodded and gave a few simple instructions on her mobile phone.

Not long after, there was a knock on the door.

"Come in."

Seeing Mr. Qiubo appearing outside the door, Xu Liang smiled and greeted him.

"Please sir, welcome, welcome."

"Mr. Xu, I'm sorry to bother you."

"I beg you, sir, that's too polite. You are my distinguished guest. Come on, please sit down."

After Lu Hui served tea.

"Sir, why are you here today?"

"I would like to discuss the future of Jinshan Company with Mr. Xu."

Xu Liang made a 'please speak' gesture.

"With Mr. Xu's help, there is a high probability that the WPS business and Kingsoft PowerWord business will be brought over from Kingsoft. Kingsoft PowerWord may be more difficult, but there is also some hope.

Regardless of whether it succeeds or not, I hope Mr. Xu can support the research of WPS, Kingsoft Internet Security and Kingsoft PowerWord, especially WPS. This is my life's work and I hope to continue to develop it. "Qiubojun said sincerely.

Xu Liang nodded, "I would like to ask, Mr. Qiu, how do you plan to develop WPS? Will you fully copy Microsoft Office, or will you continue to have your own style?"

"If we completely copy Microsoft Office, there will be no research and development at all."

Xu Liang understood.

In his memory, WPS completely copied office, and even the name of the software was changed to WPSoffice.

The current WPS is obviously different from the functions of office.

He had doubts before, but now he understands after knowing that Lenovo is the major shareholder of Kingsoft and controls the board of directors.

Abandoning research and development and fully replicating Office is completely the product of Lenovo's "trade, industry and technology" approach.

Based on his understanding of Old Man Liu, WPS spent so much money on research and development but still failed to make a profit, which was the biggest original sin.

"Mr. Qiu, with all due respect, in the field of office software, Microsoft has occupied nearly 90% of China's office software market with its operating system. User habits have been formed, and it is difficult to overthrow it.

Even if WPS's technology is superior, it can't do this. "

Qiu Bojun fell silent, and after a moment, he asked in a hoarse tone.

"So, you don't agree to continue to develop WPS?"

"No, on the contrary, the research and development of WPS will not stop, but should increase investment."

Mr. Qiubo suddenly raised his head, his eyes filled with excitement, but more importantly, disbelief.

Xu Liang said with a smile: “If the Hongmeng mobile operating system is to be accepted by customers, various basic software, especially office software, are indispensable components.

This is also my original intention of acquiring WPS.

Therefore, the research and development of WPS will continue.

In addition, the competition with Microsoft Office should not be relaxed. "

"I will try my best to develop better WPS software." Qiu Bojun said solemnly.

Obviously, he has lost confidence in surpassing Microsoft Office.