My 1999

Such a huge IT company with nearly 10 billion US dollars in fixed assets and accounting for 20% of the global memory market has a much brighter future than Hongmeng's South Korean subsidiary.

If they could give themselves a son and follow Xu Liang for the rest of their lives, it would be worth it even if they never got married.

"I have already got through to the United States. As long as South Korea nods, the deal can be completed."

"Oppa!"

Sun Mingzhen cheered, took three steps and two steps at a time, and fell directly on him.

Fortunately, Xu Liang unexpectedly became stronger after his rebirth, otherwise he would have been knocked down by this woman.

Accompanied by a rain of passionate kisses.

"Oppa, thank you so much!!"

Son Yejin in the back was quite shocked. It was the first time she saw her sister, who had always been calm and decisive, become like this.

Xu Liang quickly held down the woman who was about to take off her pants.

Although he was bold, he was in a restaurant and there were bodyguards around him.

But he also understood Sun Mingzhen. Hynix's assets were too huge.

In fact, he originally had no intention of keeping Hynix, but after Merrill Lynch came forward to talk to the South Korean government for nearly a month and continued to use his connections in the U.S. political and business circles to put pressure, the South Korean government and the South Korean Exchange Bank basically agreed. Xu Liang’s debt restructuring plan, but still insists on one condition: Hynix must stay in South Korea.

This matter has been delayed for a long time, and he has no intention of waiting any longer.

Once the contract is signed and Hynix is ​​acquired, he will not be able to run to South Korea every day.

Therefore, letting people you trust enough to enter has become the most realistic choice.

Moreover, Sun Mingzhen has been at the helm of Hongmeng South Korea for many years, has rich management experience and strong abilities, and is suitable for managing Hynix for herself.

Xu Liang took out Hynix's inheritance rights just to let her use 200% of her energy to lead the company out of the quagmire.

After being held down by Xu Liang, Sun Mingzhen calmed down a little.

But the rosy face was still full of excitement.

"Don't be too happy. Hynix's current debt is as high as 16 billion US dollars, reaching 200%. It is not easy to turn it into a profit."

"I believe that Oppa's ability can definitely bring it back to life!"

"You do trust me."

Sun Mingzhen nodded vigorously.

He patted her butt and said, "Come on down. After breakfast, we will go to the company first."

Sun Mingzhen jumped down.

Some of the dissatisfaction that had accumulated in my heart since yesterday has completely disappeared.

Finished breakfast in a few mouthfuls.

"Oppa, let's go."

Xu Liang turned his head, "Yizhen, aren't you coming with me?"

"No, Oppa, I stay at home and look after the babies."

After giving birth to her child, Son Ye-jin, who had a calm personality and low career ambitions, immediately resigned from her position as the general manager of Hongmeng South Korea Film and Television Company and became a full-time mother.

Seeing that she didn't look reluctant, Xu Liang nodded.

The two sisters, one taking care of the outside and the other taking care of the inside, are more like a complete family.

After the two left, Son Yejin curiously picked up the information her sister left on the dinner table.

After reading one page, she finally understood why her sister was so excited.

With assets of nearly 10 billion US dollars, the world's memory giant once controls such a company, its social status and influence will instantly reach the top of South Korea and even affect the world.

With her sister's career ambition, this kind of thing hit her hard in the heart.

Looking through the information, I was even more shocked by the size of Hynix.

Even though she is not very ambitious, she is not apathetic.

"Such a huge wealth is left to McDull and Mai Mai."

A smile appeared on his face unconsciously.

——

‘Wucheng Building’, the office area of ​​Hongmeng South Korea subsidiary.

Along the way, the smile on Sun Mingzhen's face never stopped, and she was constantly looking at the details of this acquisition.

Xu Liang didn't hide it from her either.

"After the acquisition is completed, you will resign from Hongmeng and join Hynix."

Sun Mingzhen nodded and said worriedly.

"I have no experience in managing an IT company, and Hynix is ​​too big. I'm afraid it will be difficult for me to manage it well in a short period of time."

"It seems you haven't lost your head in excitement yet."

"This is the foundation of our Xu family in South Korea. Of course I have to pay attention to it." Sun Mingzhen made a pun.

After glancing at her, Xu Liang didn't reveal her little thoughts.

“After you join Hynix, you will serve as the vice president and chief financial officer of Hynix, and you will handle Hynix’s financial work for me.

Also, take advantage of this period to learn professional knowledge in the IT industry. You are not required to become a researcher, but you must have a deep understanding.

When you become familiar with everything about Hynix, I will help you become the CEO of the company. "

"Don't worry, I will definitely study hard and understand all the business contents of the IT industry as soon as possible."

Looking at the calm Xu Liang, Sun Mingzhen wanted to ask how Hynix's equity would be distributed, but she swallowed the words.

She still understands that too much is not enough.

After the acquisition of Hynix is ​​completed and I go in, it will not be too late to ask again.

"The situation at Hynix is ​​not very good now. Who do you plan to appoint as CEO?"

"It's not clear yet. I'm going to wait and screen Hynix's senior management after the acquisition."

Sun Mingzhen nodded and didn't ask any more questions.

After the two entered the building hand in hand, some old employees quickly saw Xu Liang.

He came forward to say hello excitedly.

Hongmeng has developed very fast in recent years. After Series B financing, it has become the number one Internet company in the world. These old employees are proud of it.

Say hello all the way to the office.

"The company has expanded a lot."

"As the Internet bandwidth becomes higher and faster, the Internet becomes more and more popular, and the market size has increased by more than six or seven times compared to when we were first founded."

As he spoke, he took out a thick document from the drawer and handed it over.

"This is the company's financial report for this year."

Xu Liang took it.

As the company grows bigger and bigger, Hongmeng and Hanhua's financial reports are submitted later and later.

However, the scale of the subsidiary is relatively small, and the arrival is much faster.

This year, Hongmeng South Korea’s three major businesses, pan-entertainment, Bing and portal websites, are all developing well.

Hongmeng’s pan-entertainment business continues to develop best in games.

With the explosion of China's game industry, Chinese game companies with insufficient R\u0026D capabilities have basically set their sights on South Korea to keep the local game market booming.

As the largest game portal in South Korea, Hangame’s net revenue exceeded 230 million Chinese dollars.

In addition to the website, Hongmeng’s most popular game is not the traditional “Miracle MU”, but “Warcraft 3”.

After the release of Warcraft III last year, nearly 10 million units were sold worldwide by the end of the year.

Nearly 1.8 million units were sold in the South Korean market alone, making it the largest Warcraft market in the world outside the United States.

Including peripheral revenue, Warcraft generated nearly US$200 million in net revenue in South Korea.

This achievement eclipses both "Miracle MU" and "Bubble Hall".

However, the combined revenue of games such as Miracle, Legend, Bubble Hall, and Red Moon is not bad.

Taken together, Hongmeng South Korea’s gaming division generated net revenue of nearly 3 billion Huaxia coins.

The music business that was once the worst has also hit new highs due to the hot sales of MP3. The number of VIP registered users of Hongmeng Music Network in South Korea has exceeded 12 million.

Within one year, we even provided song downloads and ringtone services.

Hongmeng Music generated net revenue of 380 million Chinese dollars in South Korea, more than three times that of last year.

The development of literature and comics is relatively stable, and the growth is not as big as that of music. However, the number of VIP users has also exceeded 5 million. This year, the combined net revenue of the two departments exceeded 230 million Chinese dollars.

In terms of film and television, through the accumulation of experience in the past two years, Hongmeng South Korea has formed its own investment model.

It controls investment and distribution by itself. In terms of TV series, it mainly focuses on idol dramas and youth films; in terms of movies, it mainly focuses on suspense, horror and romance movies.

The risk is small, and you can make a lot of money if you make a big hit.

Most of the movies and TV series with large investment in history, science fiction and other genres are invested in a part of the investment, and the profit may not be much, but the risk is also small.

Even if you lose, the loss is within the tolerable range.

In general, the entire Hongmeng Pan-Entertainment Division has developed well this year, with total revenue reaching 4.27 billion Chinese dollars and net profit as high as 19%, which is 830 million Chinese dollars.

Next is the search division.

As the earliest subsidiary to promote keyword advertising, Bing’s search business has grown exponentially in the past four years.

In 2003, advertising revenue exceeded 2.1 billion Chinese dollars.

It has more than doubled compared to the same period last year, which is a real achievement.

And the potential is huge.

Before the advent of the mobile era, search was the most profitable Internet business.

Finally, there is the platform and content division.

Naver portal, Pangu browser, Hongmeng payment, and Hongmeng website management software.

The portal business includes blogs and mailboxes. With more localized content, Naver's market share has surpassed Yahoo.

Reflected in revenue, the advertising revenue of the Naver portal reached 470 million Chinese dollars in 2003.

The reason why it is so high.

The main reason is that the portal website absorbs the experience of the headquarters and strengthens investment in sub-websites.

However, unlike domestic Sina, South Korea divides its resources into seven or eight departments.

In addition to games, the Naver portal mainly focuses on cars and travel, and has given up on everything else.

The development of Pangu Browser in South Korea has almost reached its peak, with users exceeding 15.2 million and annual advertising revenue exceeding 240 million Chinese dollars.

Hongmeng Pay and Hongmeng website management software are different.

The former has only more than 500,000 users so far, and they are basically losing money.

Hongmeng website management software relies on its free strategy to conquer the South Korean market, but it basically loses money and makes money.

These two pieces of software have lowered the net profits of the platform and content divisions.

Although they do not make money, these two softwares have made great contributions to the promotion of Hongmeng’s other businesses.

Especially the Hongmeng website management software, Hongmeng's various businesses have been able to develop so fast, and they have played an indispensable role.

Taken together, Hongmeng South Korea's net revenue in 2003 was close to 6 billion Chinese dollars, and its net profit was 1.54 billion Chinese dollars.

In addition, Hongmeng South Korea still has US$360 million in cash on its books, 30% of which is the company’s surplus, and the rest comes from Series B financing.