Revisiting Future Path

Chapter 127: It’s a powerful pill and a poison

128 I still have to take the college entrance examination

In order to alleviate the sharp contrast gap, Tencent tried its best to speed up the progress of "QQ Fantasy Country", and put it into public beta operation on April 17.

"QQ Fantasy Country" lived up to Tencent's high expectations and had a fantastic start. Public beta at 08:00 on April 17th, approaching noon, the number of simultaneous online users exceeded 100,000; on April 30, the number of simultaneous online users exceeded 350,000; on May 15, the number of simultaneous online users exceeded 600,000; on May 20, the number of simultaneous online users Exceeded 660,000.

"QQ Fantasy Country" handed in a perfect answer sheet.

Ma Huateng let out a long sigh of relief.

"The Spring and Autumn of the Ten Kingdoms" is very profitable, but because Wei Dongsheng established a complex economic system for it with the concept of "small society", and built a unique high-degree-of-freedom game environment with the computer intelligent life Nerella as the core, imitators often There is no way to learn from it, and it will die. Many game operators do not paint tigers as anti-dogs, fail to grasp the mechanism of the journey, but are misled by Wei Dongsheng's difficult tricks and innovations. It can be said that those who learn from me live, those who die like me.

Considering that "The Spring and Autumn of the Ten Kingdoms" is not universal, Tencent decided to start a hybrid system of free value-added and time-based payment, that is, part of the server is operated in free value-added mode and part of the server is operated with time-based payment. In order to avoid affecting the mixed operation strategy, all servers will not be charged during the public beta period, timed pay games will not be charged, and freemium servers will not be loaded into the system store. Such a mechanism has led to "QQ Fantasy Country" being unable to open beta test, and just collect money.

Nevertheless, 660,000 people online at the same time is also a very fantastic record. Tencent's management was enthusiastic and praised Ma Huateng for his far-sightedness, as if he saw the wonderful future of "QQ Fantasy Country" surpassing "Dancing Forest" and "Ten Kingdoms Spring and Autumn".

Unfortunately, the fantastic performance cannot conceal Tencent's shortcomings.

"Have you ever seen an online game where the NPC shape and the store plaque are all in Japanese? If you haven't seen it, go play "QQ Fantasy Country"."

"Unable to log in, the game card is crazy, the quest items can't be hit, just like that, there is still a face that I use the plug-in to block my account for no reason."

"I am a pharmacist, I can't fight monsters, Tencent is so creative."

"I am a warlock, and I can't fight monsters. Who can tell me, is this a casual chat game?"

...

The longer the public beta, the more problems "QQ Fantasy Country" exposed. After the peak of 660,000, the number of simultaneous online users continued to decrease. Seeing the declining operating data of "QQ Fantasy Country", Tencent's founder team and management suddenly became overshadowed: "For "QQ Fantasy Country", don't follow in the footsteps of "QQ Hall", and drive high and low."

During the period of anxiety of the Tencent founder team, Chunqiu Network ushered in its coming-of-age ceremony.

On May 21st, "World of Warcraft" was operated for a fee. The previous pre-recharge and the same day's recharge amount totaled 26.8 million yuan. With an average recharge of 30 yuan per transaction, about 890,000 active players are willing to pay for "World of Warcraft". Before the launch of the "World of Warcraft" public beta in the Spring and Autumn Period, Blizzard announced less than 2 million global active players, and the amount of 890,000 active players in China can be imagined.

This is one of the good news.

The second good news is that China launched an economic census at the end of 3004, and its gross national product is facing a substantial adjustment. Take Panyang City as an example. In 2003, the GDP was more than 30 billion yuan. In 2004, the GDP was originally more than 30 billion yuan. After the economic census was recalculated, it rapidly increased to 45.08 billion yuan, a nominal increase that year. The speed is as high as 30.4%.

This is not a special case of Panyang City, the entire Hedong Province is like this.

In 2003, Panyang City ranked tenth in the GDP of all cities in Hedong Province; after a growth rate of 30.4% in 2004, it dropped to the eleventh place.

China’s 2004 annual GDP was 13.65 trillion yuan, which was converted to US$165 million in exchange rates, slightly behind Italy’s US$1.67 trillion, and continued to rank seventh in the world. However, looking at the data after the recalculation of the economic census, China’s 2004 GDP is very likely to rise rapidly from 13.65 trillion to 17 trillion to 18 trillion, surpassing Italy every minute.

In October 2003, Goldman Sachs published a global economic report titled "Dream with BRICS", and China is also known as the leader among the BRICS countries. The entire world is currently optimistic about the fast-growing Chinese economy.

The third good news is that the power of Huaguo World Factory has gradually increased, and the export scale has increased year after year. It is no longer appropriate to bundle the RMB with the US dollar. The senior officials in China are preparing to initiate exchange rate reforms. In the current world situation, the renminbi will only appreciate but not depreciate. For a company like Chunqiu Networks, which is rooted in the mainland with RMB settlement performance, RMB appreciation is definitely good news that cannot be ignored.

In response to such good news, Chunqiu Network temporarily raised its IPO price and successfully raised US$644 million with an average price of US$10.4 million.

American investors do not understand "Ten Kingdoms" and "Road to Survival", but they understand the value of "World of Warcraft". Considering that Chunqiu Network has dominated half of the online game market in China before operating World of Warcraft. Considering that World of Warcraft has welcomed 890,000 active players on the first day of charging operations in just two months after its public beta, American investors are very optimistic about Chunqiu Network. . After the listing of Chunqiu Network, a good news of "World of Warcraft", the stock price of Chunqiu Network has risen sharply, making Chunqiu Network's market value record time and time again, reaching a peak of 8.5 billion US dollars.

In 2004, everyone was still discussing that the Spring and Autumn Internet listing would be included in the $1 billion club. What do you think, Chunqiu Internet dominates half of the online game market in China, and the intangible capital of "World of Warcraft", Chunqiu Internet not only refreshed the financing record to 644 million US dollars, but also expanded its market value to an unimaginable US$8.5 billion. Although the market value of Chunqiu Network in the international market is far lower than that of Google, which has a market value of US$80 billion, and Yahoo, which has a market value of US$53 billion, it has enough confidence to see the small mountains after returning to the Chinese Internet market.

Chunqiu Network has proved its value to the world with a market value of 8.5 billion US dollars.

With a valuation of US$8.5 billion, Huo Yongshan's 1.19% stake is approximately US$101 million. Huo Yongshan invested 7 million yuan in 2002, which swelled to 101 million U.S. dollars in less than three years, an increase of more than 100 times. Although Wei Dongsheng continued to dilute Huo Yongshan's equity ratio, it did not hinder Huo Yongshan's investment income. This is the "never dilution" that Wei Dongsheng once promised Huo Yongshan.

Forbes 2004 China Rich List, a total of two hundred, the lowest limit is 79 million US dollars. If the increase in the wealth threshold in 2005 is limited, Huo Yongshan may be fortunate to rely on Chunqiu Network's 1.19% stake, following Wei Dongsheng, to become the second self-made young rich in contemporary times.

Jing Minqiang’s 6% equity, about US$510 million, moved parallel to Forbes’s 2004 China Rich List, ranking tenth; Wei Dongsheng’s 6.27% equity, about US$533 million, far exceeded Forbes’s last year’s Valuation.

When Spring and Autumn Network is listed on the stock exchange, all shareholders with more than 5% equity should be highlighted. Public opinion was surprised that Chunqiu Network's shareholding structure was so complicated, and it took a long time to realize that "Chunqiu Network was in the hands of Wei Dongsheng and Jing Minqiang." Jing Minqiang's information is easy to dig, the profiteer after China resumed the college entrance examination system, the pioneer of China's Internet industry, and the niece of China's top political club cabinet chief Gong Qixing. Taking into account Jing Minqiang’s complex background, public opinion all imaginatively suspected that Wei’s father and mother were just smoke bombs. Wei Dongsheng was actually the illegitimate son of a big man. That’s why Wei Dongsheng was able to start Spring and Autumn Software with his experience as a first-year high school student. .

These backgrounds are no longer wordy.

Wei Dongsheng’s industry has good news like Spring and Autumn Network, but also bad news, such as Wisdom Universe IC Design Company. Wei Dongsheng has no intention to miss the MP3 player industry. Waiting for the audio decoding chip produced by Wisdom Universe IC Design Company to be recognized, Zhiyu Technology ignores that the MP3 player "YU1" is an explosive product with considerable profits, and resolutely and decisively cuts down the MP3 player Business, turned into the mobile phone industry, and continued to drive the development of mobile phone chips.

Wisdom Universe IC Design Company retains existing businesses such as audio decoding chips, and has invested heavily in the development of mobile phone chip business, launching high-end products Leader5520 and low-end products Nation4501. Based on the Leader5520 chip, Zhiyu Technology will launch the "Zhiyu Music" mobile phone in June 2005, priced at 3650 yuan, and enter the tragic mobile phone market with the "music phone" banner and the "MP3 has become history" advertisement.

Friends of businessmen will naturally not remain indifferent.

MP3 audio decoder chip manufacturers in the United States have sued Zhiyu for infringing their patents, and mobile phone chip manufacturers in the United States and Europe are also preparing materials to sue Zhiyu, especially the low-end product Nation4501, which is almost under siege. Patent disputes are a major problem frequently encountered by international companies. Wei Dongsheng has no good solutions. He can only hire a suitable law firm to counteract or delay time while taking the lead in developing a market that is not restricted by patents. For example, the huge Chinese market, here is Wei Dongsheng's site, so there is no need to worry about foreign patent prosecutions.

The Nation4501 R&D department is located in Guangyang. After handling the trivial Chunqiu network, Wei Dongsheng flew directly to Guangyang to communicate with the R&D team face-to-face on patent disputes.

After that, Wei Dongsheng returned to Panyang City without stopping.

On the way, Wei Dongsheng suddenly received a call from Zeng Liqing: "Franco, are you coming to Guangyang?"

Considering that you don't have to think about the title of the job title and directly calling the other party's English name is a contemporary characteristic culture, Wei Dongsheng also named himself Franco. However, Wei Dong rarely used it during his life, and employees rarely called him Franco, but Zeng Liqing and other foreign company heads, founders or executives habitually called Wei Dongsheng Franco.

Wei Dongsheng simply replied to Zeng Liqing: "I returned to China yesterday."

Zeng Liqing: "Is there any time, I want to talk to you."

Wei Dongsheng apologized to refuse: "I'm afraid there is no time. I will be at the airport in 20 minutes."

Zeng Liqing: "Leave so soon."

Wei Dongsheng: "Yes, I still have to take the college entrance examination."

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