Rebirth of the Official Business Route

Chapter 1149 Forever to imitate

In the temporary residence of Yan Wenjie in Nancui Grass Garden, behind the main building is an exquisite square courtyard facing the lake. It is said to be a garden, but it is actually an open space composed of an aluminum frame and tempered glass panels. The ceiling is a sky-blue curved glass panel, which can be opened depending on the weather. Except for the back wall of the main building, the other three sides are transparent glass Plate plus imitation steel aluminum frame. There is also a hedge of one and a half people high on the periphery. Facing the lake in the north, there is no shelter, so you can have a panoramic view of the beauty of Yangui Lake, and you can also overlook the beauty of Yangui Mountain. In the corner of the wall is a pool of three to four meters square, with koi carp, and beside it are half-person-high stone steps, from which water flows continuously into the pool, forming a miniature artificial waterfall; the ground is paved with white courtyard stones with yellow water ripples, There are also a few floating soil planted with osmanthus, crabapple and other garden ornamental plants...w novel chapters are updated the fastest

When designing and building this villa, Wang Haisu was envious of the backyard, and Yan Wenjie took a long look. After saying I'll do it here, this villa became Yan Wenjie's temporary residence in Jianye.

It was not a question of how much to sell, Wang Haisu knew that this villa should not belong to him.

Looking at Yan Wenjie who was sitting on the bench, his eyes seemed to fall on the sparkling lake outside the window, Wang Haisu thought to himself: He should be looking at the lights on the other side of the lake, right?

Standing here, you can see the undulating and well-arranged lights on the northeast corner of Yangui Lake. Most of them are the lights of Yanyuan, , Youth Apartment, and Yandong Apartment—behind those splendid lights is the flourishing Kumho. w Fiction novel chapters are updated the fastest

It is rumored that the first thing Yan Wenjie met Zhang Ke in Xuefu Lane was to say to him: I think you will remember me. Bring this up before you.

The first move of Horizon Construction to set foot in Donghai Province was to annex Jincheng Real Estate. With the cooperation of Xie Jia and Jingdian Real Estate, coupled with the rapid economic development of Shanghai City in recent years, there is a great demand for commercial real estate. Horizon Construction annexed Jincheng Real Estate went quite smoothly...the profit from a single project exceeded 800 million, which is a good performance that Horizon Construction has never had before.

Even if the stock price of Haisu Technology was cut in half. If it falls below 20 yuan per share, the floating profits behind Horizon Investment and Jingdian Real Estate are still very impressive.

The average cost of the two targeted increases totaling one billion yuan is only 15 yuan per share, and there is still a floating profit of nearly 400 million; Horizon Investment has used a total of nearly 600 million funds to enter the secondary market to promote the stock price of Haisu Technology Even if the stock price falls again and again, there is still a floating profit of more than 300 million yuan at this time. At that time, when buying the shell, the cost was only tens of millions, and calculating the funds invested by Haisu Technology and 8818 before the backdoor, it was only a mere 400 million yuan; although this part of the obtained legal person shares could not enter the securities market, the calculation of the market value was still as high as A huge number of three billion.

When he was involved in the software industrial park project, Hu Zongqing took a stake in Haisu Technology. If Haisu Technology wanted to go public through a backdoor, Hu Zongqing had to withdraw. How much did Jingdian and Horizon pay Hu Zongqing behind the scenes?

Wang Haisu didn't know either.

Wang Haisu silently calculated the investment of Horizon and Jingdian in Haisu technology in the past two years. The sum of the obvious and the dark should be about 2 billion, but the total market value of the equity they control is more than 5.2 billion. No matter how you say it, it can't be regarded as a setback, but Wang Haisu saw obvious frustration in Yan Wenjie's eyes.

Giving up resistance and failing to implement all existing plans is a failure, right?

If this harsh standard to ask. The operation of Haisu Technology has indeed failed.

Approved by the board of directors and the general meeting of shareholders, and approved by the China Securities Regulatory Commission, the lower limit of the public price increase is 34 yuan per share. After Horizon gave up its resistance, the stock price of Haisu Technology dropped below 20 yuan per share. In order to meet the conditions for a public increase in the stock price reversal within the five-month period remaining, unless the fundamentals reverse.

It seems that we need to manage Haisu Technology well... Yan Wenjie stood up and lit a cigarette, then glanced at Wang Haisu again, without saying anything.

Wang Haisu knew exactly what Yan Wenjie was going to say.

In the past, everything was operated on the premise of public growth. It only required Haisu Technology to expand its scale and strengthen its industry ranking in the shortest possible time. It was like injecting stimulants into the human body, requiring the greatest explosive power in a short period of time. , Never considered the long-term development of the enterprise.

Public increase in a short period of time is no longer possible. Once the aggressive strategy like stimulants loses its effect, Haisu Technology will become extremely weak. Not to mention the current achievements of firecrackers, it is possible to return to its original shape.

If the blitzkrieg does not work, we must switch to protracted warfare. On the one hand, it is necessary to ensure the safety of the nearly two billion investment in Haisu Technology, and on the other hand, it is necessary to wait for the opportunity to reverse before publicly increasing it; The operating policy of commercial websites must undergo fundamental adjustments.

Wang Haisu knew that in Yan Wenjie's mind, he would not be the right candidate; maybe Yan Wenjie needed someone to stand up in front of shareholders to take responsibility for the continuous decline in stock prices, and he was the right candidate.

Wang Haisu knew that he had nothing left to struggle. The control of Haisu Technology was not in his hands in the first place, and he only had the name of the president. He avoided Yan Wenjie's gaze, looked down at the toe of the leather shoe, wondering if he should take the initiative to take the blame and resign, and thought maybe it wasn't what he guessed.

Let me think about it. Before re-establishing the business strategy, the management of Haisu Technology needs to be adjusted first. I will be the chairman and Qi Jun will be the president. There should be no problem? Yan Wenjie looked away from Wang Haisu. Discuss directly with Lin Xue, The construction of Samsung Grand Chip has temporarily slowed down. We can't rush this matter. The chain Internet cafe business and the software industrial park are still stable for the time being. The key is to adjust the business of 8818 as soon as possible...

Wang Haisu was very frustrated. Yan Wenjie didn't seem to care about his opinion on the personnel adjustment of Haisu Technology, if he was kicked far away. Even if he holds about 1% of Haisu Technology's legal person shares, it's bullshit.

Wang Haisu raised his head and wanted to fight for himself; as soon as he raised his head, Yan Wenjie looked over and said to him, How about you assist Wenxin in charge of the chain Internet cafe affairs department?

En. Wang Haisu nodded, without the courage to refuse or to fight for something, and did not say anything more.

Liu Qijun took out a stack of documents from his briefcase and said, This is my consideration for some business of Haisu Technology in the past few days, and I hope it can inspire everyone...

Today's matter had been settled a few days earlier, Wang Haisu thought to himself, and looked up at Lin Xue, who turned her face and glanced at the lake outside the window, wondering what she was thinking.

Wang Haisu took over the documents. Since he was still in charge of the Internet cafe chain business, he started from here.

Unicom Donghai Provincial Company registered and established Unicom Wangyuan to develop chain Internet bar business in Donghai, which is a very big move. In addition to six large-scale directly-operated stores and exhibition franchisees, Unicom Wangyuan has also joined the existing small and medium-sized Internet cafes in Jianye. Since the opening of Unicom Wangyuan Xuefu store in early May, Unicom Wangyuan has expanded rapidly, and the number of Internet cafe switchboards in Jianye has exceeded Twenty thousand units.

The number of industrial switchboards in Jianye Internet cafes reached 150,000, but in the same period last year, this number was only 40% of the current figure.

Facing the competition from small and medium-sized Internet cafes that have sprung up like mushrooms after rain, and China Unicom’s Internet Court, which also appeared as a giant, Chuangyu Internet Cafes cannot guarantee the original Internet access prices, and their profit margins have also been greatly reduced.

Although still able to maintain high profit margins. But it's far from expected. To be precise, everyone here realized that the entry threshold of the Internet cafe industry is low and the competition will be fierce in the future when they acquired Chuangyu Internet Cafe; the so-called expectations are only to lure small and medium investors. Only at this time, even one of their own feet sank in.

Chuangyu Internet Cafe originally hoped that Hu Zongqing could help urge the city to issue policies as soon as possible to increase the entry threshold of the Internet cafe industry, and expel some small and medium-sized Internet cafes that lack qualifications, and the competition in the Internet cafe industry. Unexpectedly, China Unicom's Internet Court stepped in and expanded rapidly in the form of recruiting small and medium-sized Internet cafes.

Even though Jianye City is now introducing a strict Internet cafe industry rectification policy, it will help Unicom Internet Garden expand its scale, and the benefits of Chuangyu Internet Cafe will be limited.

Liu Qijun's document proposed that Chuangyu Internet Cafe should suspend the previous high-cost expansion plan and consolidate the existing achievements, which is also a helpless move. Dongda Chuangyu made a perfect curtain call from the chain Internet cafe industry with 300 million yuan in cash, and may be one of the biggest beneficiaries of this industry.

Compared with software industry park and e-commerce. The chain Internet cafe business is not complicated. Wang Haisu doesn't have much opinion on being in charge of this matter, as long as he doesn't get kicked away from far away. Besides, he was the one who proposed to acquire the chain Internet cafe business from Dongda Chuangyu at the beginning.

Restricted by the domestic industrial environment and without Kumho's great perseverance and investment, Haisu Technology's software business development is quite limited, and this piece of business is only a sideshow in the name of the software industry park. Real estate profits.

Jianye's park is on the south bank of Yangui Lake. In the past few years, the Yangui Lake area has developed very rapidly, which makes the Jianye Software Industrial Park's location very superior, and the commercial real estate business has made a lot of profits. This is also the main reason why Haisu Technology has achieved good performance in the past two years. It’s just that the park in Jianye has almost completed its opening, and there will be no major breakthrough in performance. The two parks in Jinshan and Wenzhou are both suburban counties far away from the urban area, and their development is slow, so they are not suitable for immediate development. Start commercial real estate development. Not only can’t hoard land with peace of mind, but also

Consider the pressure exerted by local governments. As long as Wenzhou agrees to share the profits with the Yan family. There is no need to worry about the land being taken back; Jinshan does not work at all. From Xu Xueping, Liang Weifa, and Tang Xueqian in Jiangnan Province to Zhao Youlun in Jinshan City, they all stared at the Jinshan Software Park. The government will take back that piece of land at any time.

Wang Haisu looked up at Yan Wenjie and the others. I thought they might have been psychologically prepared for Jinshan Software Park to take it back, right?

The most important thing right now is to adjust the development strategy of the e-commerce website 8818. 8818 is simply a bottomless pit for attracting money.

Because of Amazon, ebay's successful models. E-commerce became the hotspot of the Internet economy in 1998 and 1999, and 8818's e-commerce business was also regarded as Haisu Technology's most important and core business asset to develop.

Since the establishment of 8818, Haisu Technology and Horizon have injected a total of 600 million yuan, holding 70% and 30% of the shares respectively. After nearly two years of development, it has become the largest e-commerce company in China, with a market share of 60%. .

Even if the market share is the first, the actual significance is not much. Due to the differences between the domestic e-commerce market and European and American countries, the total e-commerce market in China in 1999 was even less than 200 million yuan. On the other hand, the radical development and promotion strategy has consumed a large amount of funds of 8818 in the past year. The initial investment of 600 million yuan is less than 160 million yuan. Even if the radical development and promotion strategy is adjusted now, even if the offline logistics and warehousing system built in the past year does not expand in scale, it will require a large amount of investment every year to maintain it. The 160 million in the account may be able to support it. This time next year.

Looking back at this time, it might have been a good choice to accept Amazon's offer for acquisition. After Haisu Technology refused, Amazon turned around and bought Linkshop, which was ranked second in the domestic e-commerce market at that time, for US$40 million. Although the Internet financial stock market crashed and Amazon’s stock price also fell a lot, the acquisition of Linkshop has been completed. , and Amazon's financial strength is sufficient. In mid-May, when the e-commerce website suffered the most, 80 million U.S. dollars was injected into Linkshop to develop a complete offline logistics and warehousing system, and large-scale promotion began.

Seeing that Liu Qijun's report did not mention the adjustment of 8818's e-commerce business development strategy in detail, Wang Haisu looked up at him, and then looked at Zhang Wenxin, the chief executive officer of 8818 who has been in charge of e-commerce business.

Zhang Wenxin raised his head at this time. As the marketing director of Microsoft China, he habitually fiddled with an oil pen in his hand and said, If 8818 greatly reduces the existing promotion plan, the market share is likely to be reduced by the end of the year. In time, it will give LianShang.com a leap... Zhuoyu's movements should actually attract our attention.

Oh? Yan Wenjie responded and looked at Zhang Wenxin.

Dongda Chuangyu invested in e-commerce Zhuoyu.com in 1998, but the investment was a bit too lucky. Even if the investment introduced later, it only invested four million US dollars before and after. Although the domestic e-commerce market ranks fourth, its market share is far from comparable to that of 8818 and Linkshop, which rank first and second.

But Kumho stands behind Dongda Chuangyu. This alone is enough to attract enough attention—Yan Wenjie also attaches great importance to Zhuo Yu.

Zhuoyu's biggest capital operation right now is to get a total of 8 million US dollars in capital injection from Dongda Chuangyu and Quantum Online, but compared with Amazon's capital injection to Linkshop, it is a bit insignificant.

Zhang Wenxin saw the confused look in the eyes of Yan Wenjie, Lin Xue and others, and knew that they did not know enough about the characteristics of the Internet industry after all, so he said: It should be said that Zhuoyu should not be a threat to 8818, but Dongda Chuangyu In the past month, Quantum Online and Zhuoyu have made major adjustments to their Internet resources, and the industry is still quite closed. After all, Quantum Online is the number one Chinese portal...

Oh, keep talking... Yan Wenjie signaled Zhang Wenxin to continue talking. He was always worried that Kumho would step in and ruin their good deeds. Although half of the good things have faded, we still can't take Kumho lightly.

Dongda Chuangyu acquired Quantum Online business with 20 million US dollars and 6% of the equity, but just last week, Zhuoyu.com created a new channel on the Quantum Online portal, using Quantum Online as an e-commerce promotion platform —— Zhuoyu only needs to pay Quantum Online an annual promotion fee of 8 million... Zhang Wenxin said.

Ah, the promotion fee is so low? Yahoo really opened its mouth! Lin Xue said in surprise.

They once proposed a similar channel cooperation plan to Yahoo China, but Yahoo China Lions offered up to 30 million yuan, accounting for 30% of 8818's annual promotion expenses. They had to choose regular promotion cooperation with Yahoo China.

Quantum Online offered Zhuoyu such a low price. On the one hand, the Internet bubble burst and the value of Hutuo.com was being revalued; on the other hand, Quantum Online was also a major shareholder of Zhuoyu. After two capital injections, Quantum Online holds a 20% stake in Zhuoyu.com,” Zhang Wenxin explained, all the theft was controlled by Kumho behind the scenes, and the more resources it had. It also has the advantage of cost control beyond the reach of others, which itself is not comparable to Haisu Technology. He didn't say this clearly, but said again. In addition to Quantum Online's channel cooperation. Zhuoyu.com made the largest business adjustment in early June, and created a shopping street website in addition to the boutique mall website. The Zhuoyu Shopping Street website imitates the eBay e-commerce model and attracts individuals. Investors use the network platform provided by Zhuoyu.com to open online stores for Internet retail trade; at the same time, instant messaging software is embedded in the website as a communication tool between online store operators and online shoppers...

Zhuoyu Shopping Street? Although Lin Xue didn't know the difference between the eBay model and the Amazon model, she could still imagine what the eBay model looked like from the term Shopping Street.

Perhaps they think that the cost of developing offline logistics and warehousing systems is too high, so they adjust their business model and focus on building an Internet retail trade platform. Even though Zhuoyu still retains the online shopping mall model, compared with the traditional Amazon model, there is still an obvious An obvious feature of the changes is that Shengxin Telecom has created a sales counter in Zhuoyu Mall. It is very likely that Zhuoyu will develop Zhuoyu Mall into a network sales platform for qualified distributors, channel dealers, and even manufacturers. Zhuoyu The shopping street has developed into a retail trade platform for ordinary online stores...

Zhuo Yu's movements are very big, Yan Wenjie said softly, he closed his eyes and thought carefully. He asked again, Can you see any effect?

This is an adjustment that Zhuoyu only made last week. It doesn't seem to have any effect for a while, but Quantum Online, a NASDAQ-listed company in the United States, is the main link in a series of Internet resource adjustments. American investors are still concerned about this. You are welcome. When the Nasdaq index fluctuated violently and Internet stocks continued to decline, Quantum Online's stock price has rebounded slightly for five consecutive days...

Yan Wenjie doesn't care about what American stockholders think, nor does he care about the ups and downs of Quantum Online's stock price. He knows that once Zhuoyu's business model is adjusted in the right direction, it means that he can continuously obtain financial support from Kumho, which means that Zhuoyu, which is still very inconspicuous at this time, will also become a strong competitor in the field of e-commerce of 8818.

Of course, another thought flashed through his mind: Can Zhuoyu's business adjustment model be replicated?

Yan Wenjie looked at Liu Qijun, saw him leaning forward, and knew that he was also aware of this problem. After Zhang Wenxin talked so much, he should be aware of this, right? Although Haisu Technology does not have so many direct resources, it can still find enough partners in China. The key is whether the business model adjusted by Zhuoyu is on the right path?

I think we can give it a try? Liu Qijun said, The current development model of 8818 must be adjusted. We are not as rich and powerful as Amazon. We must avoid head-to-head with Linkshop. What Wenxin said about Zhuocheng's new shopping street model is true. Resource occupation is not serious, and 8818 has enough funds now. The user resources are far more than Zhuoyu and Lianshan, and now we can still take the initiative to adjust the business development model...

Wang Haisu thought in his heart that he would follow the path of imitating Kumho after all, although Yan Wenjie did not express his opinion. But he knew that Yan Wenjie had already lowered his head, which he refused to lower easily: he didn't have enough confidence, so he could only follow behind his opponent step by step, so as not to make wrong steps again.

At this time, Wang Haisu really felt that Yan Wenjie was still too far behind Zhang Ke. He felt the mobile phone in his trouser pocket jump, and a text message came in. He took out a glance, it was a text message from Hu Jinxing, and he inadvertently released his hand skills. Go back to your trouser pocket.

Chen Yong and Hu Jinxing raised 30 million yuan from Yunlin Securities to intervene in Haisu Technology at a high level of 39 yuan per share, hoping to take advantage of Haisu Technology's growth opportunity to make a final fortune. Who would have thought that the stock price of Haisu Technology would plummet after a brief rise. At this time, it has dropped to 19 yuan per share? If they did not ask Hu Zongqing to greet Yunlin Securities and close the position in time, they would have filled it in; at this time, in addition to filling in the 4 million margin, they would have lost an additional 12 million... Wang Haisu can't control their lives. . He didn't even think about getting back the one million yuan he lent them as a deposit, and he was already doing his best.

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