Chen Xin did not speak, the Internet bubble had just burst, and there would be a long bear market ahead.

As for how long this bear market will last, Chen Xin has no idea.

Perhaps, we have to wait until Wall Street feels that there is no way to squeeze out too much oil and water.

Tang Yan went from Xiangjiang to Shenchuan. She didn't say that she left Shenchuan immediately, but went to see the penguins.

Penguin is still not profitable at this time, but Penguin's QQ has already occupied 90.00% of the domestic Internet instant messaging market.

Basically, it can be said that QQ is already in an invincible position.

Unless it is said that other instant messaging software can intercept new netizens to become their users, but this is impossible.

If you use instant messaging software, you will definitely use QQ.

Because everyone around you is using QQ, is it possible that you use other software?

At this time, the number of QQ users was increasing significantly, but with so many users, Penguin could not find a profit model.

Are you uncomfortable?

It must be hard.

The most uncomfortable thing is that because of the massive growth of users, the servers and bandwidth required by Penguin are also constantly increasing.

These all require money.

The 500 million funds obtained from Skyfire Hammer Investment earlier have already been spent, and THC Investment invested another 20.00 million to obtain 40.00% of Penguin's shares, that is to say, they hold a total of [-]% of the shares.

In fact, it is more than that, the investment department of Xinghai Group also got 11.00% of the shares from the founder of the company.

As for acquiring shares from the founders, it's pretty easy.

Penguin's management team is now at a loss as to how QQ should develop in the future.

There is still a thought in my heart that I can run away at any time.

Therefore, the investment department of Xinghai Group is willing to take over a part of their shares, and they are really looking forward to it!

Even if the company goes bankrupt, it doesn't matter to them, the money they get is enough for them to squander the rest of their lives.

In fact, Tang Yan is also very fascinated by Penguin, and Penguin has no hope of making a profit at all.

"You want to restrict users from registering QQ accounts to save server and broadband costs. Are you crazy? This is definitely not possible." Tang Yan resolutely refused when she heard what Brother Ma wanted to do.

Surely not!

Brother Xiao Ma also knows that it is not good to do this, but there is no way, it is too expensive now.

Moreover, this burning of money will continue, with no sign of an end in sight.

After the burning, is it possible to continue financing?

And it seems that THC investment will continue to invest.

"QQ will become a fee-paying software. This will definitely not work. You are thinking about how to make money."

Do you want to push Penguin directly to the market before the Nasdaq has completely collapsed?

Well, it's too late!

When returning to Shuchuan, Tang Yan told Han Songlin about the difficulties encountered by the penguins.

Han Songlin was also very confused. In his impression, penguins are very profitable!

Moreover, after receiving the first financing, Penguin did not conduct other financing, and just insisted on achieving profitability.

"Being a QQ member, you can also make up the chat interface and so on."

Tang Yan wondered, "What is a QQ member?"

Han Songlin explained the QQ membership to Tang Yan. The membership fee is [-] yuan a month. Even if the user does not open the membership, it will not affect the normal use of QQ.

Members can be marked in red font among friends and rank in the top of the friend list.

Anyway, membership is just for people to pretend to be X.

As for the QQ show, anyway, for a long time, everyone likes to do it.

Seeing such a beautiful QQ show, I feel a little envious in my heart. As for spending money to do it, forget it. Isn't it comfortable to save it and go to the Internet cafe to play games online?

But for girls, it's different, they like to do this very much.

"Uncle, now I know why Qiuqiu is so smart, it's because you are genetic!"

Liu Yuyan coughed lightly, but she was still sitting beside her!

"Qiuqiu will definitely be a great beauty in the future. This point is completely inherited from my sister!"

Liu Yuyan rolled her eyes at Tang Yan: "Okay, stop flattering!"

Chapter 678

Can the launch of QQ members and QQ show turn Penguin into a profit?Maybe, maybe not!

Now, ten dollars is a lot of money.

At this time, the average monthly salary of people is less than 1000 yuan, which is actually 780 yuan.

Many people are reluctant to spend half a day's salary on such a QQ membership, QQ show.

It doesn't make much difference whether you have it or not.

In addition, it is not so convenient to engage in online consumption at this time.

Han Songlin was also thinking. He remembered that there was one thing that made many Internet companies in Huaguo profitable.

Mobile QQ!

Yes, Monternet!

What is Monternet?

It is a mobile Internet platform built by operators.

It was developed by Huaguo Mobile Company, and Monternet contributed a lot to saving Huaguo's Internet industry. As for issues such as forced customization, text message traps, and difficulty in unsubscribing, they are all minor flaws, and the flaws are not concealed.

Although everyone has great opinions, Huaguo Mobile will not change it.

Wait, which company launched Monternet?

It is Huaguo Mobile!

Now Huaguo Mobile has not yet been established.

At this time, Huaguo Mobile was still one with Huaguo Telecom, and Huaguo Mobile was born after the split of China Telecom.

Of course, these are not important. The important thing is that according to the news Han Songlin received, Huaguo Mobile will be established soon.

So just wait patiently.

After getting the idea from Han Songlin, Tang Yan organized it into a document and sent it to Brother Xiao Ma.

Brother Xiaoma saw it and hurriedly called everyone to a meeting overnight. It was finally a way to make money, so naturally he had to catch it.

In Chang'an, Yuzhou, Han Songlin and Tang Yan came here to see the construction of the new Xinghai Special Steel factory.

Since 98, when it was decided to build a new factory of Xinghai Special Steel in Chang'an, Yuzhou, the construction of the entire new factory was promoted.

Not far from the factory area, a bridge across the Yangtze River has already stood.

The Chang'an Yangtze River Bridge is a cable-stayed bridge with a total investment of 460 million yuan. Construction started in August 1160. The main span is [-] meters, and the bridge is [-] meters long. It has two directions and four lanes. The construction period is three years.

It will be completed and open to traffic in May 2001. This bridge will become the main land connection road between Xinghai Special Steel Plant and Chang'an City.

You know, the Chang'an Campus of Hongxing Middle School and the Chang'an Branch of Xinghai Hospital are both built in Chang'an City.

"Here is the new factory of Xinghai Special Steel. In the future, the old factory in Yuzhou will be shut down and demolished, and the workers will come to the new factory." Han Songlin led Tang Yan to stand on a high place, where he could see All are busy.

Tang Yan looked at the construction of the ten-mile steel city without saying a word!

Before coming here, Tang Yan had seen the situation of Xinghai Special Steel Chang'an Project, a new factory with a total investment of 300 billion!

The special steel produced by Xinghai Special Steel is indeed of high added value, but selling all of Xinghai Special Steel is not worth so much money!

Where does the money come from?

Bank loan.

The loan made by Xinghai Special Steel is guaranteed in the name of Xinghai Group; that is to say, if Xinghai Special Steel cannot repay the money, Xinghai Group will repay it.

For banks, the amount of 300 billion is indeed a bit large, but it does not mean that it is unacceptable.

Several domestic banks formed a banking syndicate to jointly complete the loan.

Then, the whole project was promoted smoothly.

Tang Yan asked a very important question: "When will this place be put into production?"

"Almost in 2002, it may be possible to advance!"

Tang Yan was thoughtful: "Now we have mastered several iron mines and several mining companies abroad."

Han Songlin sat down on the grass. When they came over today, they didn't say to notify Chang'an, nor did they notify the new factory construction project department.

They came very low-key to see how the project was progressing.

"Are we bringing these companies together, or are we keeping the status quo?"

In order to maximize the utilization of resources, it is naturally best to integrate these companies together.

"It's no problem to form a global mining company in the name of an American company, right?"

Tang Yan: "There is no problem with this. KP Investment is just right for this!"

KP invests in the United States, and it can be regarded as a well-known investment company at this time.

KP Investment successfully escaped from the top of the stock market and made a huge profit of 50 billion US dollars.

After such a performance has aroused a lot of praise on Wall Street, it is privately disdainful.

That's just luck.

In a bull market, any cat or dog can make money.

"In addition to iron ore, other minerals, as long as they can be used in industry, must be deployed!"

Tang Yan nodded with a chuckle, and now THC investment is about to withdraw a large amount of funds from the financial market.

The money must be found somewhere, and investing in the global mining industry is actually a good choice.

In addition to mines, there are traditional agriculture, land and so on.

"In addition, some layouts can also be made on the port. The port on Huaguo's side will develop substantially in the next few years."

Tang Yan: "I know that Huaguo's economy is about to take off! Not only do we need to deploy ports in Huaguo, but we can also make some arrangements abroad."

Han Songlin took a deep look at Tang Yan: "You decide on this matter!"

"The shipping industry can also be deployed! It feels like there are too many profitable businesses."

Han Songlin: "There are many profitable businesses, so we have to make some choices. Okay, let's go, let's go to the construction site and meet the local leaders in Chang'an!"

Xinghai Special Steel imported a large number of metallurgical equipment from abroad, as well as some domestic equipment.

Now the technology of domestically produced metallurgical equipment is really not very good. No matter how much Han Songlin supports domestic production, there is no way to make a joke about Xinghai Special Steel.

The importance of Xinghai Special Steel in the entire Xinghai Group is needless to say, even in the entire southwest region.

The title of "Mother of Southwest Industry" has been picked up again by Xinghai Special Steel in the past two years.

A large amount of funds have been invested in research and development, and a large amount of metallurgical data and material experts have been obtained from Eastern Europe, which has greatly improved the technical capabilities of Xinghai Special Steel.

Mastered a variety of special steel smelting technologies that are not available in China.

"Boss, the equipment in the factory is all imported from the world's three major metallurgical companies, and they are all the most advanced equipment!"

Han Songlin did not speak, and some equipment had already started to be installed.

"When will it be ready for production?"

"As soon as possible, a part of it will be put into production next year, and it will be fully put into production the year after next."

Compared with Xinghai Special Steel's factory in Yuzhou, Chang'an naturally covers a larger area and has higher production capacity.

In terms of production automation, it is much stronger.

Han Songlin: "Not bad!"

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