rebirth from small pockets

Chapter 604 The Dilemma of Net South

Author: The sea under the clouds

Chapter 604 The Dilemma of Net South

Ding Sanshi in 2000 was not the humorous pig factory director he later became.

After all, Ding Sanshi didn't have the time to raise any pigs at this time, so just how to feed the entire network was enough to worry him.

In fact, speaking of it, today's life on NetNan is much better than that of most Internet companies.

The reason is also very simple. Wangnan is a listed company. When it was listed, Wangnan made a large sum of money from Nasdaq.

Compared with other Internet companies that have difficulty financing under the influence of the bubble crisis, the funds in NetNet's hands are enough to support them through this Internet winter.

But the question is also very obvious, that is, how should China Southern choose its future path?

In fact, this question should not be difficult to decide. After all, although Wangnan started with e-mails at the beginning, it has really become bigger and stronger. It relies on the transformation of the portal website.

According to common sense, Ding Sanshi shouldn't hesitate at all at this time, he just needs to continue on the road of portal websites.

But the problem is that there are still two such portals in China!

And the most irritating thing is that these two companies have also just gone public, and they also have large amounts of funds in their hands.

Not only are these two competitors, there is also Panda QQ, which is rapidly catching up in the portal area. With its excessive user base, it is taking shortcuts to catch up with the three major portals.

It is estimated that before long, the so-called three major portals will become four major portals.

The only good news is that Panda QQ is not a listed company, but at the same time there is bad news. The boss of Panda QQ is very rich, so Panda QQ does not lack funds for development.

Moreover, Panda QQ is different from the three major portals. The portal is just a side business of Panda QQ. Its main business is social software.

By the year 2000, practitioners in the Internet industry had basically understood the importance of user base.

At this point, the three major portals combined do not have as many users as Panda QQ.

After all, just this past September, the number of registered users of Panda QQ exceeded 13 million.

Of course, they are all industry insiders, and Ding Sanshi naturally understands that this data is actually very inaccurate.

But even if all the water is removed, Panda QQ's huge user base is still a bit scary.

And the most disappointing thing is that with the current development speed of Panda QQ, it is estimated that it will not be long before Panda QQ becomes a giant in the domestic Internet social field.

Looking back at the three major portals, industry resources have been shared due to competition. If NetSouth continues to hang on this tree, it may be a slow death waiting for NetSouth.

So, Ding Sanshi’s life is really not going well recently!

Coupled with the internal struggles in the company due to personnel changes this year, Ding Sanshi was almost at a loss.

To put it bluntly, Ding Sanshi can't see the future of Wangnan at all now, and he hasn't even found the direction.

But recently Ding Sanshi has a new idea~that is, online games!

When talking about early online games, the first thing that pops up in many people's minds is naturally the "Legend of Blood" which was once popular across the country and even had a decisive impact on the domestic online game market.

But in fact, before "Legend of Blood" appeared in China, there were many online games in China.

However, unlike the later "Legend of Hot Blood" which became popular across the country, early online games were affected by multiple problems such as the limitations of the Internet environment and the quality of the games themselves. Although some games may be popular for a while, they are difficult to sustain for a long time.

This also resulted in the relatively limited influence of early online games!

At least before "Legend of Blood" became popular across the country, no one in the country realized that online games had such huge economic value.

Therefore, at this time, Ding Sanshi was still a little hesitant!

Choosing the path of online gaming is certainly a new beginning, but if this path is not followed well, it may lead to a desperate situation.

Fortunately, Ding Sanshi still has the courage, and the listing of Shennan has given Ding Sanshi a guarantee for transformation, so Ding Sanshi has now begun to set his sights on the online game industry.

However, Wangnan is a listed company. While enjoying the dividends brought by listing, Wangnan must also bear the risks brought by listing.

The most direct manifestation of this risk is naturally the stock price.

There is no doubt about the importance of a stable stock price to listed companies.

But now coincides with the Internet bubble crisis, and the stock prices of almost all companies related to the computer and Internet industry are plummeting.

Naturally, Wangnan has not escaped this crisis!

In fact, not only ChinaNet, but also several other Chinese Internet companies listed on Nasdaq have encountered the same crisis.

At this time, how to stabilize the company's stock price is naturally what Ding Sanshi, the chairman of Wangnan, should do.

It's somewhat funny to say that Ding Sanshi has now handed over the management of the company to others, but he still needs to worry about the company's stock price.

However, no matter how hard Ding Sanshi racked his brains, what he could do was actually very limited.

Although Ding Sanshi is now the chairman of a listed company, he is nothing compared to the general trend of the Internet bubble crisis.

Coupled with the fact that Fennan is currently engaged in internal strife, it is estimated that it will be difficult to achieve any results that can stimulate the stock price to rise in the near future.

This made Ding Sanshi very distressed!

But at this time, his investor, Chen Li's sister Xu Xingxu, told him something.

The major shareholder of Red Pony Technology actually acquired nearly 10% of Wangnan’s shares in the capital market.

When Ding Sanshi heard the news, his first reaction was that he was a little angry.

There are two reasons for his anger. The first is that Chen Li purchased the shares of Wangnan Company on such a large scale. Is it because he wanted to take advantage of Wangnan?

As for the second point, Chen Lidu owns nearly 10% of Wangnan’s stocks. Why doesn’t he, the chairman of Wangnan Company, know about it?

You must know that Nasdaq also has regulations regarding the increase or decrease of holdings by major shareholders!

Let alone 10%, as long as it exceeds 5%, he, the chairman, should not be unaware of it.

But this point. Unless the acquirer actively wants to make it public, there are ways to avoid it in the capital market.

Just like Shengda's acquisition of Jiulang in the previous life, it almost succeeded at the last moment.

If Jiulang hadn't launched a "poison pill" plan at that time, maybe Jiulang would have become a member of Shengda's Mr. Chen's plan to build Internet Disney.

It can only be said that as a technical player, Ding Sanshi does not have a deep understanding of the capital market.

However, under Xu Xing's explanation, Ding Sanshi finally understood the twists and turns.

So~ this time Ding Sanshi invited Chen Li to dinner.

However, when Ding Sanshi told Chen Li the whole story, Chen Li looked at Ding Sanshi with a somewhat meaningful look.

The main reason is that Chen Li is a little confused about what Ding Sanshi said. Is it intentional or unintentional?

Before, Chen Li was still guessing how Ding Sanshi knew about this.

Although Mu Xiaoqing's massive acquisition of stocks of the three major domestic Internet companies was not deliberately kept secret, if someone wanted to investigate, they would naturally be able to find out about Mu Xiaoqing.

So at first Chen Li thought that Ding Sanshi had found him based on the whereabouts of his company's stocks. At that time, Chen Li was still a little emotional about the things in the capital market. It didn't seem like what was shown in movies and TV shows!

You know, in many movies and TV dramas, when some villains want to acquire some companies, the company bosses will almost always find out when the matter is a foregone conclusion.

Usually at this time, the protagonist appears with a golden light and saves the company from crisis.

As a result, Chen Li hadn't even thought about what to do? Ding Sanshi actually knew about this?

However, what surprised Chen Li even more was that Ding Sanshi actually sold Xu Xing who helped him right now?

There are some things, even if Chen Li knows that a certain person did it, but when there is no evidence or there is no confession, Chen Li will think that the matter has nothing to do with that person.

In other words, if Ding Sanshi hadn't told him, even if Chen Li had guessed that Xu Xing was the one who reported the secret, he would never attribute the matter to Xu Xing.

This may sound contradictory, but it’s true!

But now that Ding Sanshi said this, Chen Like had to think about it carefully.

Of course, the person he was thinking about must be Xu Xing. In fact, Chen Li knew very well why Xu Xing told Ding Sanshi about this.

Because Xu Xing is the agent of the capital institution that invested in Wangnan!

To put it bluntly, it was Xu Xing who advocated the investment in Wangnan. If the investment in Wangnan fails, Xu Xing will naturally bear the responsibility.

People die for money and birds die for food~! In this situation that may endanger himself, it is not surprising at all that Xu Xing told Ding Sanshi about this!

As for how Xu Xing knew it in such detail~ Chen Li didn’t even want to guess!

The reason is very simple. Before Chen Li decided to hire Mu Xiaoqing, he asked Xu Xing to help investigate Mu Xiaoqing's background.

That is to say, Xu Xing himself has his own connections in the capital market circle!

Moreover, Mu Xiaoqing is now known as the Queen of Short Sellers, and her every move is naturally watched by people in Hong Kong City.

Although it seems boring to ordinary people to stare at Mu Xiaoqing like this, for those working in the capital market, there might be opportunities to make a fortune hidden in it.

Therefore, Chen Li can understand Xu Xing telling Ding Sanshi this matter.

But understanding is understanding, but when Ding Sanshi puts this kind of thing on the table, it is obviously inappropriate.

But when Chen Li saw a hint of "grievance" and "unhappiness" on Ding Sanshi's face, he suddenly understood.

If his guess is correct, Ding Sanshi should still be a little concerned about the CEO Xu Xing helped him find.

But thinking about it on the other hand, Ding Sanshi's reaction is actually normal.

After all, although Ding Sanshi asked Xu Xing to help him find someone who could help him manage and operate the company, he did not ask Xu Xing to help him find a master of palace fighting.

You know, since the person Xu Xing helped him find entered Wangnan Company, most of the old employees in the company have left.

And as an adult, Ding Sanshi can only break his teeth and swallow it in his own stomach. After all, he has to be responsible for the decisions he made.

And the most depressing thing is that at this time when the stock price of Wangnan Company is plummeting, Ding Sanshi has no confidence to deny the CEO hired by investors.

But although we cannot deny the other party, we can really say that Ding Sanshi is not angry at all. That is absolutely impossible!

In fact, anyone with a discerning eye can see that the biggest problem of NetNet now lies with this CEO.

This is not to say that this CEO is a villain, nor is it to say that this CEO is really useless at all, but this CEO is not suitable for the current NetNan.

The company is about to go public successfully. It is a time when the old employees in the company should be happy and proud. However, a CEO suddenly appears from above and comes down to criticize the company. Naturally, the old employees will not be happy.

The most important thing is that NetSouth is currently in need of transformation, so it needs to make changes in many aspects.

If this change was the decision made by Ding Sanshi, that would be fine, but if it were the CEO, that would be a completely different matter.

In the eyes of some old employees of NetNet, this feels a bit like killing the donkey.

Regarding this point, it is not Chen Li's guess, but a solid fact.

Because in the past six months, from time to time there have been employees who have switched jobs from Wangnan Company to Red Pony Technology and Panda QQ.

Even if Panda QQ's portal has developed so fast, part of the credit actually comes from the old employees who left Wangnan.

This is also the reason why Chen Li is so aware of the current status of the internal struggle within Wangnan Company!

So~ when Ding Sanshi looked at Chen Li with aggrieved expression and asked him if he would sell the stocks in his hand, Chen Li almost laughed out loud.

There was no way~ Chen Li had never seen Ding Sanshi like this before.

In his previous life, Chen Li saw Ding Sanshi in some Internet news and some interview programs. He was a humorous and even down-to-earth entrepreneur.

And now Ding Sanshi is a bit like the aggrieved little daughter-in-law who lost an argument with her husband at home.

But when Ding Sanshi asked this question, Chen Li didn't answer him in time because he was stunned. The more Chen Li didn't answer, the more "broken" Ding Sanshi's expression became!

But Chen Li finally reacted, and he even waved his hand hastily.

The main reason is that Chen Li is worried that he will laugh if he doesn’t add some action!

"Don't worry~ Ding Ding, I have no plans to sell your company's stocks for the time being!"

"And I have no idea about your company!"

"The reason why I purchased your company's shares is because I am optimistic about your company's future development!"

"So you can rest assured about this!"

"Even. If possible, I would like to acquire more shares of your company."

"I just don't know if you would have any objections, Ding Ding?"

(End of chapter)