My 1999

"Mr. Xu, Hongmeng Dongying's Gonggong studio has a lot of experience in handheld game console development. We are not short of funds now, so can we also enter the handheld game console market?" Wei Xiao said eagerly.

The handheld game and home console market of Nintendo, Microsoft, and Sony is really tempting.

Xu Liang: "Old Wei, what do you think of the smartphone launched by Kunlun?"

"It is very good, and it can be called a revolutionary product in the mobile phone industry!"

He is not stupid, and of course he should praise the things that the big boss has worked hard to develop.

"Is the game "Fruit Elimination" that comes with the mobile phone fun?" Xu Liang asked immediately.

Speaking of this, Wei Xiao was somewhat dissatisfied.

Such a good game is not from Hongmeng Game?

But from the unknown Jiahua Game.

He has also seen Fan Xiaopang, the boss of Jiahua Game.

It is indeed a beauty on earth.

No wonder the big boss can be fascinated and repeatedly transfer Hongmeng's pan-entertainment assets to Jiahua Group.

So even if he is a little dissatisfied, he can only sing praises.

Otherwise, you can't stand others' pillow talk.

"Fruit Elimination is indeed a very good game."

Xu Liang changed the subject, "I think everyone here knows Moore's Law:

The number of transistors that can be accommodated on an integrated circuit will double approximately every 18 to 24 months. In other words, the performance of the processor doubles approximately every two years, while the price drops to half of the previous price.

This means that the performance of computers and mobile phones doubles every two years.

Current smartphones can only run small games such as Fruit Elimination that are less than 40MB. In a few years, they will be able to run games of hundreds of MB or even 1G.

If you can play 3A-level games on your phone, and you can also achieve top-notch picture quality, then who would be willing to spend another one or two thousand yuan, almost the price of a mobile phone, to buy a handheld game console?"

Xu Liang continued, sweeping his eyes over the people who were thinking.

"Old Wei, you are the CEO of the company, you should focus on the long term.

Handheld and home game consoles do make money, and there will be no change in the next ten years.

But what about ten years later?

If Hongmeng enters the handheld market, as you said, we have enough funds and certain R\u0026D experience.

But even so, it will take two years to do R\u0026D.

After the launch of the handheld, there will be obstacles such as Nintendo, Microsoft, and Sony, and we can't occupy too much market share at the beginning.

By then, there will be a lot of fighting.

Even if we can win by then, it will be five or six years later.

How much time do we have left to make money to make up for the many expenses such as R\u0026D and production?

Instead of making money for four or five years, or less than ten years at most, it is better to target the mobile game market that is destined to become a blue ocean.

Get ahead of everyone and lay a good foundation in advance!

Old Wei, what do you think?"

Wei Xiao's face turned red. Although the big boss said it tactfully, even a fool could hear that the big boss criticized his short-sightedness.

He said ashamedly.

"Boss Xu, I will call a meeting of the senior executives of all the studios to preside over the development of mobile games when I go back today."

Xu Liang nodded.

Although Wei Xiao is short-sighted, he is honest, has no tricks, and has good management skills.

This is also the reason why he can sit firmly as the CEO of Hongmeng Games.

"When will the Hongmeng Games listing roadshow start?"

"Seven days later, we and Hanhua's people will go to Shanghai first, then to Pengcheng, Japan, South Korea, Singapore, and then to the United States, and finally return to Hong Kong from Europe." Wei Xiao said hurriedly.

After Xu Liang nodded, he waved his hand to signal to sit down.

When his butt touched the chair, Wei Xiao relaxed.

It's finally over.

The big boss on the stage didn't say much, and he had a smile on his face, but when he was looked at by him, he became nervous unconsciously.

Xu Liang swept through the crowd.

"Lao Shang, tell me about your Hongmeng Finance."

Hongmeng Payment has been renamed "Hongmeng Financial Company".

Last time, Hongmeng Payment got the coveted "Internet payment license" by taking advantage of the strategic plan of renaming the "Hongmeng Headquarters Project" to "Future Science City" and becoming another Silicon Valley outside "Zhongguancun" in Beijing.

From an illegal household to a city dweller.

The company's business has also begun to expand.

"Yu'ebao" has been added, and similar "Jiebei" has also been added.

Cooperated with Hanhua and launched Hanhua's funds and insurance.

It can be said that in the financial sector alone, Hongmeng Payment is not much different from the later Yu'ebao.

In the life sector, relying on the accumulation of Hanhua and Hongmeng over the years, as well as the relationship with the Jiang family.

It has opened up online payments for water, electricity, and coal in all first- and second-tier cities, paying phone bills, buying movie tickets and train tickets, etc.

"Mr. Xu, colleagues, Hongmeng Payment currently has 157 million registered users, and is not only the largest online payment company in Huaxia, but also in Southeast Asia, Japan and South Korea.

In the first two quarters of this year, the revenue from Yu'ebao and Jiebei was 3.174 billion Huaxia yuan, a year-on-year increase of 77.3%; the net profit was 834 million Huaxia yuan, a year-on-year increase of 135.5%."

In the entire Hongmeng Payment, the most profitable ones are 'Yu'ebao' and 'Jiebei'.

The total amount of the former has grown to 24 billion Huaxia yuan, which is the largest mutual fund in Huaxia.

Like Jackma, Hongmeng Pay also acquired a currency fund, which is one of the reasons why Hongmeng Pay was renamed Hongmeng Finance.

This huge money fund can earn a profit of nearly 6 points by investing only in low-risk government bonds, overnight lending and short-term hospitality.

Hongmeng Pay keeps two points of profit for itself and gives the rest to customers, which can attract more and more idle funds to invest in "Yue Bao".

‘Jiebei’ is a product of cooperation between Hongmeng Financial and Guangdong Development Bank.

In fact, the best way is to invest the money from Yu'E Bao and borrow it.

This in and out is a spread of nearly ten points.

Even after sharing with Yu’e Bao, Hongmeng Pay can still retain a net profit of five or six points.

Unfortunately, Hongmeng Financial is not a bank after all and does not have the qualifications to lend to the public.

We can only cooperate with Guangdong Publishing House.

Platform fees are charged in the middle.

If you are abroad, of course you have to cooperate with Standard Chartered Bank.

“In the two quarters, the total platform fee income from the financial platform and life platform was 578 million Chinese dollars, a year-on-year increase of 56.3%; the net profit was 403 million Chinese dollars, a year-on-year increase of 77.5%.

Among them, financial platform revenue and profit accounted for 77% of total revenue and 84.3% of total profit. "

The water, electricity, coal, train tickets, phone bills, etc. that the lifestyle platform cooperates with are all huge state-owned giants, and they don't lack your channels at all.

So the benefits from them are very low.

Xu Liang nodded secretly. Although Hongmeng Pay has not stood out within the entire group in recent years, its development has not been slow.

"Lao Shang, Hongmeng Financial is developing well. But domestically, it is limited by the environment, so that's it.

There is still huge room for development abroad.

You have to be more attentive. "

“Don’t worry, Mr. Xu, Yu’ebao Overseas Mutual Fund has been successfully registered in Japan, South Korea, and 11 Southeast Asian countries, and will be officially listed by the end of July at the latest.

In terms of investment channels, we still cooperate with Hanhua and Standard Chartered. "

Shang Zhengfeng said quickly.

Xu Liang nodded, "The financial environment abroad is more relaxed than at home. After today's meeting is over, you can contact Hanhua."

He plans to launch ETF funds such as "Huanghuangbao" and "Baiyinbao" on Hongmeng Pay.

Of course, there are now ETF funds on Hongmeng Pay, such as the first domestic ETF fund ‘Shanghai 50’.

This is an index fund launched by Hanhua Securities, which can be traded on the websites of Hongmeng Pay and Hanhua Securities.

However, this kind of ETF fund based on index or futures has limited appeal to ordinary people.

But gold and silver are different. They have been symbols of wealth for thousands of years and attract attention in any country, especially the former.

Xu Liang still remembers the days when Yu’E Bao launched paper gold and he watched the price of gold every day.

"Okay, Mr. Xu."

After waving for him to sit down, Xu Liang called out to Liang Xiaoping, the president of Chaos Company.

Chaos Company is China’s ‘Digital Earth’, providing accurate satellite maps to users around the world.

"Mr. Xu, the Feilian imaging satellite is currently operating well. The Baize, which was renewed from the Canadian company MDA, will be delivered in September. The launch is still Blue Origin.

The follow-up "Baize" and "Jiuying" will not be delivered until June next year. "

Global imaging satellites are different from communication satellites. Three of the former can cover the world, and four are more effective.

For the latter, the GPS of the United States has 24 satellites, while the Beidou of China has 39 satellites.

“In terms of customers, in addition to Bing, we have signed contracts with 13 companies including Domestic Baidu Company, Sogou, and Japan Super Map Co., Ltd.

In the two quarters of this year, the main business income was 27.83 million Chinese dollars, and the net profit was 9.53 million Chinese dollars..."

In terms of financial data, Liang Xiaoping’s introduction was very simple.

No wonder he is like this.

Chaos Company has been losing money until now. If nothing else, just four imaging satellites cost the company nearly 200 million US dollars.

Plus ground receiving stations, personnel training, and operating expenses.

Chaos has invested $260 million.

So far, not even a fraction of the investment has been recovered.

Xu Liangdao didn't think so. In the aerospace field that Chaos Company was involved in, China's market was too narrow and resources were concentrated on it.

There is no hope of recovering the cost in a short period of time, and Xu Liang would be very satisfied if he could even maintain his expenses within three to five years.

But he wasn't satisfied with just having Chaos be a provider of satellite imagery.

Next, we will enter the field of GIS.

Digital Earth, Remote Sensing (RS), Global Positioning System (GPS) and Geographic Information System (GIS) are concepts that are easily confused.

Chaos is now a digital earth company that arranges satellite photos, aerial photography and GIS on a three-dimensional model of the earth.

Not to mention GPS.

Remote sensing is a technology that identifies and measures targets through long-distance detection of electromagnetic wave information radiated and reflected by targets.

Read the original article in Liu#9@书/吧!

It has the characteristics of high accuracy, high efficiency and saving manpower and financial resources, and is widely used in resource census, environmental disaster monitoring and other fields.

The four satellites launched by Chaos Company use remote sensing technology.

GIS is a computer system that specializes in processing geospatial data and can input, manage, analyze and express geospatial data.

GIS plays an important role in regional geographical environment research and urban management.

The world's largest company in the GIS field is the American Environmental Systems Research Institute, Inc.

Founded in 1969 and headquartered in Redlands, California, the company has offices across the United States.

We have branches or agents in all major countries in the world, with a total of more than 4,000 employees worldwide.

Its business partner program has more than 2,000 field developers, consulting service providers, value-added agents and data providers around the world, which together with international agents in 80 countries, form ESRI's strong technical support and service network.

In the United States, ESRI is considered one of the largest software suppliers to the U.S. federal government, following Microsoft, Oracle and IBM.

It had already entered China in the 1980s, but it never took off.

It's normal to think about it. How could China allow an American company to openly collect its own country's geographical information and city information?

However, GIS is an industry that requires deep knowledge, and it is difficult to achieve results in a short period of time.

You have to eat one bite at a time. At this stage, Chaos Company’s only goal is to do a good job in the Digital Earth business.

At least make a profit first.

After a few instructions, Sun Yan, the president of Youku (YouTube), stood up.

“...As of now, Youku has a total of 4.17 million videos of various kinds, totaling 137,000 hours, 188 million daily users, 2.17 million registered members, and 57,000 video bloggers.

In the two quarters of this year, Youku’s total revenue was US$370 million.

Among them, advertising revenue accounts for 41%, membership income accounts for 33%, sponsorship and brand cooperation account for 12%, and other income accounts for about 4%. "

Youku creators can earn additional income through features such as ‘Super Comments’ and ‘Product Shelf’.

Super Comments allow viewers to purchase items in the comments section, while Merchandise Shelf allows items to be displayed and sold within the video.

And Youku can get a share of sales.

This is how 4% of income comes from.

"The total expenditure is $480 million.

Broadband and server expenses accounted for 34%, copyright expenses 21%, employee salary expenses 36%, and other expenses 9%. "

Xu Liang said calmly: "How much money is left on Youku's account?"

"$75 million, up to four months."

"Have you talked to Disney, 20th Century Fox, and Paramount?"

"I have sent an email, but there is no reply yet."

In 2005, Xu Liang and Soros were fighting fiercely in the gold market.

The five major Hollywood giants, Disney, 20th Century Fox, Paramount, Sony, and Warner Bros., joined forces to sue Youku for copyright infringement.

Both sides went to court.

A settlement was eventually reached.

Youku handed over 51% of its non-voting Class B shares to the five giants and obtained their investment of US$1.6 billion.

Of the US$1.6 billion, only US$800 million is in cash, and the rest is copyright licensing fees.

"This matter cannot be delayed. It must be settled as soon as possible."

Sun Yan nodded and hesitated for a moment.

"Mr. Xu, I'm afraid some of Disney and others don't want to continue with this financing."

"who?"

"Sony and Warner."

Xu Liangliang was stunned.

Sony only got out of the quagmire of losses after the release of "Spider-Man". In 2005, it took over the mess of MGM, and now it has a lot of things on its hands.

Warner was simply fooled by America Online.

The stock price collapsed by two-thirds from its peak of more than 200 billion.

Who can bear it.

In order to pay off debts, even Warner Music was sold.

The reason why the two of them joined Youku was mainly because they were tempted by the Internet craze that broke out in 2005 and wanted to take a gamble and make quick money.

As a result, from 2005 to 2007, in the past three years, Youku's losses have not only not narrowed, but have become larger and larger.

Even Youku’s valuation has been affected.

I want Youku to go public.

But Hongmeng doesn't allow it. They are only Class B shares and have no power to interfere in the company's operations.

It's like being directly trapped.

If it weren't for the lack of opportunity, Sony and Warner would have jumped on the bandwagon long ago.

"Where are the remaining three?"

"Disney and Paramount are still hesitant, but 20th Century Fox has always been interested in the Internet industry, from investing in MySpace to Youku. Although they have suffered losses, Murdoch has never made a move.

So he is most likely to follow suit. "

Xu Liang: “Are there any venture capital investors outside who are interested in Youku?”

"Sequoia and Kleiner Perkins are interested, but their offers are a bit low."

"Talk to them and agree to it as long as the price is not too low."

Youku (YouTube) still has at least ten years of losses, and will lose at least 3 billion U.S. dollars, or even more.

Xu Liang had no intention of filling such a big hole himself.

"Mr. Xu, should you just let Youku go public? Nasdaq does not require you to make a profit."

Sun Yan's eyes were filled with anticipation.

Going public not only facilitates fundraising, but also doubles his net worth.

And he also wants to be the president of a listed company.

Xu Liang thought for a moment and shook his head.

YouTube's losses will become larger and larger. When the six-month blockade period ends, it will hit the mortgage crisis, and the stock price will plummet by then.

Forget about cashing out.

If I buy at the bottom, I will have to bear all the subsequent investments of YouTube, which is too much of a loss.

I can neither cash out nor buy at the bottom.

Going public will lose its meaning.

"Let's talk about it later. Youku is not suitable for going public at this stage."

Although Sun Yan was a little disappointed, he didn't say much.

Next, Xu Liang called Qiu Bojun.

Although Android is the shortest-established company under Hongmeng, it has developed very quickly.

In particular, the hot sales of Apple and Kunlun phones have quickly made smartphones a hot topic in the global technology industry.

It has spawned hundreds of smartphone companies of all sizes.

These companies certainly do not have the ability to develop mobile operating systems.

And there are only two real smartphone operating systems in the world.

One is Android under Hongmeng, and the other is IOS under Apple.

The latter is for internal use, so the only choice is Android.

With this favorable wind, Android easily occupied most of the global smartphone operating system market.

"There are currently 117 smartphone companies using the Android system in the world, including large manufacturers such as HTC, Meizu, and Lenovo..."

"Lenovo also uses the Android system?" Xu Liang asked with interest.

He and Old Man Liu don't have a good relationship.

"Lenovo has no other choice."

Old Man Liu has been in business for many years, and he must value money more than face.