Sprinkle coins every day

"I earned a lot of money in Huaxia, and then went overseas to be taken advantage of. How can this be conceited? If there is nothing tricky in it, I don't think a dog will believe it."

"Academics know no borders. In the past, overseas giants such as Gaotong, Pingguo, Samsung, etc., took turns to initiate intellectual property lawsuits against Mengya. What's the matter? Now, why don't you engage in technology sharing?"

"People want to kill you, and you are still acting as a big wronged seed."

"I'm afraid some people don't know that Harvard is a private university, a university where capital has the final say. The so-called donation is actually buying a place for admission."

"It's obviously a dirty deal, but it still has to be disguised as charity, bah!!"

Just when netizens refuted, Chunmiao Fund also published a news on the bib——

"One of the purposes of the establishment of the Spring Sprout Fund is to devote itself to supporting China's education and scientific research, and to do its part to fulfill the corporate social responsibility."

"Sprout will never forget, and can't forget. It was born in China and rooted in China."

"The Spring Sprout Fund would rather spend [-] points to support the research of basic disciplines in China than to make overseas donations in order to gain some reputation or special interests."

"Facts have repeatedly proved that Huaxia students are very good at it, and Huaxia's scientific research is also very good!!"

As a public welfare fund, Chunmiao Fund certainly cannot speak as straightforwardly as netizens, but it is also very clear-cut, and it immediately gained a large number of fans from netizens.

"That's beautiful!!"

"Chunmiao Fund doesn't say it's beautiful, but it's always been beautiful!"

"Some sheepdogs said that donating Harvard is also supporting human academic research, so why haven't there been scholarships for Huaxia college students?"

"There's also the Smart Classroom Project and the Yanhuang Library Project, all of which are projects that benefit the people. I haven't seen even a small goal donated by a great benevolent person?"

"The contribution of the Chunmiao Fund is not only ten times, a hundred times that of a great benevolent person? They dare not boast like that."

"That's because Chunmiao Fund wants face, and some people don't."

"Is it possible that there is no face at all?"

With the ferment of public opinion on the Internet, this incident has also received more and more attention, and the follow-up impact has been that the behind-the-scenes story of the Fat Billion donation to Harvard was unearthed by almighty netizens.

Sure enough, it was paving the way for my son to go to Harvard!

Some Huaxia students studying at Harvard even stood up and said that it is impossible for them to benefit from the donation, which is purely a lie.

This time, the Internet was completely blown up.

"Well, he is indeed a hypocrite, and now his true colors are revealed!"

Sheepdogs also lose their voice collectively.

As a result, Fat Billion's reputation in China was "exposed" in advance.

.........

Monday, May 7.

The controversy over the donation of Fat Billion is just a wave on the Internet, and it will be scattered in a snap.

Soon no one will pay attention.

In the age of traffic, the general public is always chasing the next hot spot.

For example, just last Friday, Jade Bird Interactive Entertainment released a new mobile game - "Onmyoji".

This is a 3D semi-real-time turn-based rpg mobile game. The original time and space was first released by Wangye in June 16, and it is also one of Wangye's masterpieces in the field of mobile games.

Before the super-phenomenal mobile game "Yuan Shen" was born, "Onmyoji" was a well-deserved leader in the field of two-dimensional mobile games, and it was also a money-absorbing weapon.

The original time and space created a miracle of turnover of more than 30 billion net profit in just four months after the service was opened.

In the following four to five years, the annual turnover of "Onmyoji" was also maintained at around 50 billion. In the peak period of 19 years, the turnover even approached the 60 billion mark.

Once again confirmed a sentence -

"Mobile games really make money!"

In this life, Jade Bird Huyu cut off "Onmyoji", which is tantamount to saying that it killed most of Wang Zhi's life in the field of mobile games, and he can no longer be arrogant.

It's really bad!

In addition to launching new games, Jade Bird Interactive Entertainment will also have the overseas agency rights of old games expire almost every month. For example, "Defend the Carrot" and "Burning Vegetables" expire this month.

In another dimension, it supports the strong revenue of Jade Bird Interactive Entertainment.

Of course, it’s not just about Internet suppression. For example, Tengda also failed to escape the fate of being intercepted by Jade Bird Huyu. The most painful loss should be that "King of Pesticides" was "shamelessly" stolen by Jade Bird Huyu.

It also made Tenda lose the last chance to stand up in the field of mobile games.

and this.

It also seems to be implying a certain fate of Tengda.

Just this morning, Tenda finally released its financial statements for the second quarter. Both revenue and net profit were significantly lower than the agency's previous expectations.

Through the financial report data, the decline of Tenda is fully revealed.

The most direct consequence was that after the market opened, Tenda’s share price plunged all the way, falling by more than 17% at one point at the peak, and finally fell by 14% by the end of the market.

This created the largest single-day drop since Tenda went public.

Not only that, the major rating agencies have also "fallen into trouble" one after another, and very tacitly lowered their ratings on Tenda's stock, basically from "overweight" to "flat".

According to the report given by the rating agency, the lowering of Tenda’s stock rating this time is not only because of Tenda’s weak growth in core businesses such as games, advertising, and social networking, but also a very important factor——

That is, Tenda has invested a lot of funds and resources in new business tracks such as big entertainment, local life services, and o2o, but it has not achieved the expected results.

For example, in the local life service track, the Arnold Group, which holds shares, has not been able to adjust the Green Orange Group.

Another example is ticking.

Even with the merger of Kuaidi, Didi is still inferior to Qingcheng Taxi in the online car-hailing market.

at the same time.

Tenda's pan-entertainment strategy in the fields of long-form video, music, web articles, and animation has not shown a clear profit prospect, but instead has become a black hole for funds.

Tengda's cash flow, which was not rich at all, was squeezed out.

The superimposition of such dual factors made Tenda's financial statements in the second quarter look very ugly, which in turn caused the confidence of countless small and medium shareholders to be shaken.

Even some large investment institutions are reducing their holdings of Tenda shares.

Give Tenda a heavy blow!

.........

Tenda Building.

In the conference room, Erye is presiding over a temporary board meeting.

Lu Jian and Feng Yu are both there.

The expressions on the faces of every director were very solemn, which made the atmosphere in the conference room very depressing.

For the possible stock price drop and public opinion turmoil, before the announcement of the financial report, Tenda has already prepared internally, otherwise it will not delay the announcement of the financial report.

But there is no way, Tengda is a listed company, and it is its due obligation to announce its financial report to the outside world.

I can't hide even if I want to.

What caught Tengda's executives including Erye by surprise was that they never expected that the stock market would react so violently, and Tengda's stock price plummeted directly.

The pressure is too great now.

In particular, the decline in the ratings of Tenda by major rating agencies is bound to further lower investors' expectations for Tenda, which may lead to no improvement in Tenda's stock price for a long time to come.

Once there is any bad news, it is estimated that by then, there will be another wave of stock price plunges.

This is too bad!

"Tell me, what should I do?"

Second Master rubbed his forehead to break the awkward silence. Unexpectedly, even if he stepped down from the position of CEO, he still couldn't relax.

The bad things are still one after another.

silence...

awkward silence...

All the directors here, look at me, I look at you, no one wants to speak.

Including CEO Lu Jian.

Why?

Because Tengda's current predicament was not formed overnight, but accumulated bit by bit in the past three years since the sprout was born.

to this end.

Tenda has tried to make a lot of changes in an attempt to hedge against the adverse effects of Germination.

For example, trying to use Weichat to hedge Weixin;

Another example is trying to hedge against the rise of Jade Bird Huyu and boost the game business through aggressive poaching of Jade Bird Huyu and the acquisition of game studios.

Another example is to focus on the main business by divesting maps, search, e-commerce and other businesses.

There are also new tracks such as big entertainment and local life services actively involved, trying to find new revenue growth points, so as to get rid of dependence on main businesses such as social networking and games.

It cannot be said that Tenda is not working hard enough.

Among the Big Three, Tengda can be said to be the one that is most actively embracing change, and it is also one of the big companies that is not seriously ill.

In order to adapt to the changes, two major organizational structure adjustments were even carried out.

But even so, Tengda still couldn't fight against the general trend of Taotao, and in the competition with Germination, um, now Qinghe Group, it was getting more and more disadvantaged.

Then today.

After disclosing the financial report for the second quarter, the scars were completely uncovered.

Let me ask, what good solution can such a Tengda come up with in a short period of time to solve the current predicament?If there is a good way, I would have thought of it long ago.

Not to say that it has been delayed until now.

The current Tengda is like a giant trapped in a swamp.

It's already a dilemma!

Chapter 464 Tengda cuts flesh, Ali drinks blood, sprout is innocent? !

Lu Jian, please tell me first. "

Seeing that no one answered, the second master directly named CEO Lu Jian.

It was his turn to answer.

"Hey, chairman, I think so. To reverse the current unfavorable situation of the group, it is nothing more than increasing income and reducing expenditure. Opening up means opening up and setting foot in new business areas, and looking for the next new revenue growth Point. As for cutting costs, it is nothing more than further compression, cutting out some marginal businesses, and streamlining personnel.”

Lu Jian answered boldly.

"Hey!!"

Hao Xuan, who was sitting diagonally across from Lu Jian, did not sneer.

"Hey, it's abolition again, same old style!"

Since Lu Jian was promoted to be the CEO of the group, he has worked on multiple departments such as the interactive entertainment business group, the network media business group, and the bib business department.

Nearly [-] employees were laid off.

It is really ruthless to be unsatisfied now and continue to stick to the slimming strategy.

But the sneer was a sneer, and Yu Yu didn't dare to say anything now.

It's not that he was afraid of Lu Jian, but facing Tengda's current predicament, Fengyu didn't have any better solutions, so naturally he was happy to see Lu Jian going ahead.

Just watch the show by yourself, just don't get hurt.

"What kind of throttling method?"

Er Ye subconsciously avoided the open source option.

Because the current Tengda is really not suitable, if you rashly set foot in any new business field, if you miss again, it will really be doomed.

This is also a common problem of many large companies.

When encountering a new crisis, decision-makers usually tend to be more conservative.