Rebirth began in 2004

The current boom in group buying websites will eventually recede, and Chen Wei doesn’t know which group buying websites will remain.

But there are two that are pretty sure.

Meituan will transform into food delivery in the future. As for Juhuasuan, Chen Wei remembers that Alibaba has a group buying project called Juhuasuan.

This should be it.

When the time comes, sell it directly to Alibaba, and Hengtong Investment will be able to make a huge profit.

Very good, nothing wrong!

As for Meituan, although Chen Wei doesn't like it very much, he won't delay making money.

People are so hypocritical. Even if they don't like it, they will still do it as long as it can bring benefits to themselves.

Sun Licheng glanced at Zhou Ting. The fact that the first group and the second group competed with each other was intentional.

In fact, the relationship between the two of them is quite good.

"Now that the mobile Internet market is developing rapidly, I took a look and found that these group buying websites are still competing for the traditional Internet market. Is it more convenient to go out to eat and sit in front of the computer to choose a place, or is it more convenient to choose a place with a mobile phone?"

"We will not invest in Internet companies that cannot embrace the mobile Internet in the future. Because all these companies will be eliminated by the market."

Isn’t Qiandu awesome?

But Qiandu’s core business search engine is not suitable for the mobile Internet. In the mobile Internet era, there are apps one by one, forming content islands.

Search engines simply have no way of searching the content within the app.

Qiandu is about to usher in the lost decade!

"Everyone is conducting a thorough review of all the Internet projects at hand. Those that cannot adapt to the development of mobile Internet and those that should be exited will be decisively exited."

Chen Wei: "Tell me about the companies that will be listed in the near future?"

Sun Licheng signaled to Zhou Ting that going public also meant that as an investment company, it could be cashed out.

Most of the time, investment companies will not say that they will accompany a startup from its establishment to its listing.

Many times, investment projects are cashed out when the project has a good profit.

Countless startup companies are established every year, and countless startup companies go bankrupt every year.

It is not an easy task to pan for gold in the sand.

Some powerful venture capital companies will not invest in newly established start-ups. Instead, they will wait for the company to grow for a period of time and establish an advantage in the industry before they intervene.

With sufficient funds, they can still eat a big piece of the cake.

Zhou Ting said with a smile: "Mr. Sun and you guys should talk first!"

Sun Licheng: "Then I'll throw some light on things. Here in our group, there are three companies that have applied for listing. Among them, Changming Electronics has passed the meeting and will be listed on the GEM."

Li Fei found the information and handed it to Chen Wei.

Changming Electronics is a mobile phone component manufacturer and one of the suppliers of Hengtong Technology.

It is also a supplier that focuses on support.

Now, Hengtong Technology and Hengtong Investment are linked.

For example, Changming Electronics, Hengtong Technology selected it as a supplier, and Hengtong Investment followed up to invest.

After that, Changming Electronics was listed on the market, and the money invested by Hengtong Investment was naturally able to make a lot of money back.

Changming Electronics has developed, and Hengtong Investment has also made money. As for Hengtong Technology?

Naturally harvested suppliers.

It’s true that it’s a win-win situation!

There are many other companies like Changming Electronics.

Hengtong Technology gave it an order, and Hengtong Investment invested capital to help it improve its technology and production capabilities.

Then after some packaging, it can be put on the market.

And after listing, it still has very good performance support.

Perfect closed loop!

"In addition, Mai.com has submitted a listing application to Nasdaq, which should be approved soon. Dazhou Culture has entered the process of being listed on the Xiangjiang main board, and I believe the results will be available soon."

Maiwang is an Internet website mainly engaged in e-commerce.

It is also a well-known website in the country.

As for Dayzhou Culture, it is a publishing and media company.

Chen Wei has a little impression of this company. When investing in this company, Chen Wei did not have any involvement. It is an investment target determined by the investment department.

The investment department of Hengtong Investment is a professional and capable department. You don’t have to rely on Chen Wei for everything.

This has a lot to do with Chen Wei's own management style. Chen Wei is the kind of person who likes to let go.

Just let them do it.

Even if mistakes were made, Chen Wei believed that he would be able to cover up the consequences.

Chen Wei is not afraid of failure!

People who are less afraid of failure are often more likely to succeed.

The more afraid you are of failure, the more likely it is that failure will always accompany you.

There is a mentality issue here.

Just like an exam, the more nervous you are, the worse your test scores will be. If you enter the exam room very relaxed, you will be able to do well in the exam.

"It cost RMB 600 million to invest in these three companies. If expected, after listing, it is expected to generate a net income of RMB 2.3 billion for the company."

Hengtong Investment’s investment accuracy is quite high.

It is the highest among all domestic investment companies.

The achievement of such results is, in addition to Chen Wei’s factors, the result of the joint efforts of the investment department and the risk control department.

Chen Wei nodded with satisfaction. With the success of Hengtong Investment, the amount of funds is also increasing dramatically.

There is actually nothing to say about this.

He looked at Zhou Ting, indicating that it was his turn to speak.

Zhou Ting had no intention of showing any weakness when faced with the results achieved by one group.

"There are two companies in our second group that are going through the listing process. Both companies are listed on the Hong Kong Main Board. Wei Dong, this is the information of the two companies."

Compared with the lengthy listing process in China, listing in Xiangjiang is much simpler and faster.

Of course, Hengtong Investment has a deep foundation in Xiangjiang.

In the past year, Hengtong Investment has helped more than 20 companies successfully list on the Hong Kong Stock Exchange.

From a newcomer who assisted in listing, Hengtong Investment has now grown into a veteran.

Hengtong Investment has now fully understood the listing rules of the Hong Kong Stock Exchange.

Hengtong Investment has also established a branch in Xiangjiang to handle listing matters specifically.

In addition to establishing a branch in Hong Kong, the same is true in the United States.

After all, many domestic companies like to go to the United States to go public, thinking that it is a financial center and can internationalize their companies!

Is it important to be international or not?

The core business is all in China. If we want to hit the international market, we will suffer various losses.

In this case, it is better to just focus on the domestic market.

It's easy to give up overseas business and so on.

When doing overseas business, the first thing is to localize it.

Multinational companies have difficulty adapting when they come to the Chinese market. Will Chinese companies not be able to adapt when they go abroad?

It takes a full understanding of a market.

If you don’t understand, then go directly to the locals. The locals will always know you best.