My 1999

The next day, Xu Lang came to Hongmeng Xiangjiang headquarters.

A meeting was held with the presidents of five subsidiaries.

With so much money raised, everyone wants to share some of the profits.

Because everyone is far apart, this meeting is an online video conference.

Of course, Xie Wen and Qu Guangyun sat next to him because of the convenient location.

After scanning everyone, Xu Liang smiled and said: "Everyone is attending this meeting to share money, so we will keep the story short.

Fukunaga, let’s start with you, how do you plan to spend the money? "

Fukunaga Hideo said quickly.

“According to the development plan that the chairman and I discussed before, this money has three main uses.

First, continue to expand the scale of the Japanese data center.

Second, strive to acquire more than 30% of the equity of Aihui Music to expand the copyright library of Hongmeng Music’s Japanese subsidiary.

Third, continue to develop fighting games such as "King of Fighters", "Hungry Wolf", and "Samurai Shodown". "

Xu Liang nodded and followed the distribution principles previously set by Hongmeng Company.

Half of the money raised this time will be allocated by the head office.

The remaining half will be distributed according to the net profit contribution of each subsidiary.

The Japanese subsidiary contributed 40% of Hongmeng International's total profits, so they are entitled to 40% of the US$280 million, which is US$112 million, equivalent to nearly 1 billion Chinese dollars and 18.5 billion yen.

For the Japanese subsidiary, this is a huge sum of money.

More importantly, Hongmeng Japan still has its own profits.

Add up to more abundant funds.

It is almost enough to get about 30% of the equity of Aihui Music.

After all, in this era, the world's five major music giants have been impacted by online music, their revenue has continued to decline, and their market value has also continued to decline. It is currently worth about four to five billion US dollars.

If two years pass, the value will be reduced by half.

Although Aihui Music is a top Japanese music company, it is still two levels behind Universal Music, Sony Music, PolyGram, and Warner Music.

The current market capitalization is around $500 million.

With Hongmeng Japan’s cash, it is not difficult to acquire it.

The hard part is that people don’t sell it.

But give it a try first.

Not to mention games, which are the foundation of Hongmeng’s pan-entertainment business. “The King of Fighters” and “Samurai Shodown” have a wide audience and must be developed well.

“The overall allocation strategy is still OK.

Data centers are the foundation of our Internet companies and the direction in which we should invest most.

Not just Japan, the total amount of data center equipment in all subsidiaries is 20% more than what we actually need. I would rather that we waste it temporarily, and it must not affect the user experience, let alone lag, disconnection and Black screen. "Xu Liang explained emphatically.

For Hongmeng now, temporary technological backwardness is not terrible.

The terrible thing is that the user experience is not good.

Sometimes it only takes two or three seconds to open, which will make users impatient and choose another search engine.

Therefore, user experience is also the highest standard that he repeatedly mentioned to Hongmeng senior executives.

"clear."

Everyone responded.

"Except Hongmeng Japan, the South Korean subsidiary has the most money this time. Mingzhen, how do you plan to spend this money?" Xu Liang asked.

Sun Mingzhen had obviously made plans a long time ago.

“In addition to the basic data center, I want to continue to increase my stake in YG, JYP and S @M and continue to consolidate our dominance in the South Korean music market.

At the same time, it will try the film and television business to lay a solid foundation for the development of Hongmeng Pan Entertainment.

Finally, continue to expand the novel and comic business, improve the industry periphery, and improve the pan-entertainment industry chain. "

In this financing, Hongmeng South Korea contributed 30% of Hongmeng International’s net profit, which can be divided into 84 million US dollars. Coupled with South Korea’s monthly revenue of more than 70 million Huaxia coins, it is not difficult to achieve Sun Mingzhen’s goal.

The key is that as the revenue of "Legend of Hot Blood" has skyrocketed, the copyright share received by Hongmeng South Korea has also skyrocketed.

Coupled with the rapidly growing PPC business and the upcoming Bing Advertising Network.

Before the end of the year, Hongmeng South Korea’s monthly revenue will exceed 100 million.

Xu Liang nodded and said nothing more.

He often talks to Sun Mingzhen on the phone and communicates frequently about the development direction of Hongmeng South Korea. Therefore, Sun Mingzhen's words also met his requirements.

"Laoqu, where are you at Xiangjiang Company?"

Qu Guangyun said with a smile: "We can't compare to the two brother companies of Japan and South Korea. The money we received this time will be used in addition to continuing to purchase servers and expand the data center.

30% will be allocated to expand the Internet cafe business in the Philippine market.

The remaining 20% ​​of the funds plus its own profits will be used to continue to purchase online copyrights of songs and enrich Hongmeng Music’s copyright library.

In addition, there is one more thing I would like to seek approval from Mr. Xu? "

"you say."

“Currently, the editorial teams of Bing News and Naver have overlapping businesses, which creates a lot of waste, so I plan to integrate the editorial teams of Bing News and Naver.

Save costs and improve efficiency. "

Xu Liang agreed after thinking about it briefly.

"I agreed to this matter, and South Korea Company, Zhongnan Company and Nanyang Company also implemented it."

After everyone agreed, Xu Liang looked at Qu Guangyun.

"Laoqu, there's something I want you to ask."

"Your command."

"If you have a chance, go to Jiahe and ask if they can sell the online copyrights of all the movies in their copyright library? How much will it cost?"

Jiahe Movies is a symbol of Chinese movies. Although it seems not very valuable now, when the mobile era comes, its value will increase more than ten times.

Take advantage of the fact that the value is relatively low now and it is not taken seriously, so stock up as soon as possible.

Qu Guangyun agreed.

"Lao Li, it's your turn."

Li Haizhen smiled and nodded.

He has reason to be happy about this Hongmeng International financing.

Sun Mingzhen, Fukunaga Hideo and other subsidiary heads only have 0.5% equity. In addition to this 0.5%, he also has 1.36% equity.

The sum of the two is 1.86%.

Based on Hongmeng International’s valuation of US$3.36 billion after the financing, his equity is worth US$62.49 million.

The value has increased more than 20 times compared to the original Naver.

It is foreseeable that with the rapid development of Hongmeng, the value of its equity will be even higher.

In addition to the equity of Hongmeng International, he also has 0.2% options of Hongmeng China.

Looking at how Hongmeng Huaxia is making money every day, we know how valuable these options are. How could he not be excited?

After noticing everyone's looks, Li Haizhen quickly calmed down.

"Our Zhongnan Company does not have much funds to allocate. In addition to investing part in the data center, the remaining 60% of the funds are planned to be invested in the Internet cafe field. We will first strengthen the basic base, and then use the money earned from the Internet cafe to promote portals, The development of pan-entertainment and Internet search businesses.”

Zhongnan Company contributed very little net profit, so it could only receive 5% of the financing, which was US$14 million.

It sounds like a lot, but in the face of the huge population of 300 million in Indochina, it is only a drop in the bucket.

Xu Liang didn't say much.

"Old Wang, what about you?"

Wang Tao smiled bitterly and said: "My choice is the same as Mr. Li's.

In the Internet market in Southeast Asia, except for Internet cafes and games that can make money, other areas not only do not make money, but even lose money. If we want to develop, we must first strengthen our basic base. Only with sufficient funds can we expand our business.

Moreover, the growth of Internet cafes will greatly benefit portals, pan-entertainment and Internet search businesses.

They can be considered complementary to each other. "

Xu Liang nodded and said: "The limitations of the Southeast Asian market are indeed very large. Your development strategy can be considered adapted to local conditions. I will not interfere.

However, all subsidiaries are equal to me, and I can't see you being too far behind other brother companies.

Therefore, in the name of the head office, I will give each of you another US$20 million in development funds. "

The two were instantly overjoyed. With 20 million US dollars, including their own 14 million US dollars, they could add 300 large-scale Internet cafes with 200 machines in their respective jurisdictions.

Coupled with the existing Internet cafes, it can basically cover all large and medium-sized cities in Southeast Asia.

"Mr. Xu, we also have a Philippine market." Qu Guangyun quickly reminded.

"Don't worry, I left you $10 million."

"Thank you, Mr. Xu."

Although Hideo Fukunaga and Sun Mingzhen were a little envious, their respective companies were making huge profits and they knew they would not have a share, so they didn't speak up.

"Don't just be happy. I've given you the money. At the end of this year, I will hire the most professional auditing agency to audit you. I want to see the results of every penny spent.

If the development is not as expected, don't feel that you are wronged when I deduct your salary and stock options. "

Xu Liang's words shocked everyone, and they quickly agreed.

"Okay, today's meeting will end here and be dismissed. ... Lao Xie, please stay for a while."

Xie Wen, who was about to get up and leave, sat down again.

“The company’s Fuxi advertising system has been successfully developed, and the next step is to develop advertising alliance business.

Therefore, I want to invite advertisers and companies we cooperate with to hold multiple ‘introduction meetings’ in first- and second-tier cities across the country such as Beijing, Shanghai, Pengcheng, Yangcheng, and Hangzhou to promote our advertising alliance business to major companies.

You are responsible for this matter.

The promotion will be hosted by Yu Jun, and you will only be responsible for the behind-the-scenes management. "

Xie Wen nodded, "No problem."

"This business is very important to us, you must pay attention to it." Xu Liang explained.

Advertising alliance business and bidding ranking are the two pillars of Internet search revenue, and one is indispensable.

"Understood, I will plan carefully with Yu Jun."

Xu Liang nodded and asked, "Is there any reply from AOL?"

“I was a little indifferent at first, but after we successfully raised funds, my attitude became much more positive.”

"Leave the contact with AOL to me, and your main focus will be on the advertising alliance." Xu Liang said.

Xie Wen nodded and said: "Where is Europe?"

"Let Xia Wei be responsible. He has been there for half a year and knows the rules there better than we do." Xu Liang said.

The two discussed and set the tone for Hongmeng’s development in the next six months.

After Hongmeng International’s financing came to an end, Xu Liang’s main focus was on Hongyan Fund.