Rebirth of the Thousand-Faced Movie King

Yesterday was the carnival promotion night of Huanyu e-commerce platform. I believe everyone is familiar with this promotion. Huang Zheng, please introduce some important data of this Double 11 promotion. "

Shencheng, Huanyu Technology Headquarters Office.

The heads of various subsidiaries of Huanyu Technology gathered together.

Generally, Huanyu Technology rarely holds conferences like this.

But every time so many people are gathered together, there is something important to be announced.

"This time during the Double 11 carnival night, our total sales were 39.8 billion yuan, close to 200 million orders, and the price of each order was around 200 yuan. Huanyu Mall accounted for 70% of the transaction volume, and Huanyu Department Store accounted for 30%. Among them, electronic products accounted for …”

Huang Zheng introduced a series of data from time to time.

"Everyone, this data is more detailed than the data we have published outside. What do you think?"

After Huang Zheng finished speaking, Chen Yu looked at everyone and said.

"Mr. Chen, I think online shopping will be a major trend in the future, and we will increase our efforts in e-commerce. If necessary, we at YY can also set up an online shopping platform."

Li Nan was a little excited and stood up and said.

YY is currently the platform with the largest number of users of Huanyu Technology. It is indeed promising to develop e-commerce based on YY.

But Chen Yu shook his head: "Li Nan, just do a good job in instant messaging."

After saying that, Chen Yu said again: "Don't think that our YY has monopolized the market, but the market is changing rapidly. If one company is not good, YY may be robbed of the market."

It is now the end of 2005. According to Huanyu Technology's plan, the first generation of smart phones will be launched in 2006.

Once smartphones appear, everything about the traditional Internet will change.

Including, the current YY.

Besides, Chen Yu doesn't think Li Nan can do e-commerce well.

Industry specializing in surgery.

Didn’t the penguin in his previous life think so too?

So later they established Paipai.com.

Their Paipai.com originally wanted to compete with Ali.

Unexpectedly, their Paipai not only failed to defeat Alibaba, but also failed to compete with JD.com.

In the end, Xiao Ma also figured out that instead of doing this, it would be better to leave it to others to do it more professionally.

So they invested in JD.com and shut down Paipai.com.

"Mr. Chen, from the data point of view, electronic products occupy the largest consumption data, especially mid-to-low-end electronic consumer products are still a big market."

At this time, Wu Kai also said.

"good."

Chen Yu nodded.

Then Wang Dongsheng, who was in charge of the LCD screen, said: "Mr. Chen, judging from the consumption of these electronic products, the global LCD screen market will probably double in the future. If this is the case, we will need to invest in a few more production lines."

"Uncle Dongsheng, it seems you have also discovered it."

Chen Yu smiled, but did not continue talking about the LCD screen.

Chen Yu will discuss the LCD screen specifically with Wang Dongsheng, and there is no need to do it in such a conference.

Then, seemingly inspired by Wu Kai and Wang Dongsheng, the heads of a series of other subsidiaries also kept talking.

"Mr. Chen, large-screen TVs are a trend, and we should increase investment in this area."

"It can be seen from the consumption data that mid- to low-end electronic products are still a major consumer, and our chip foundry must also expand its production scale."

"Digital products are growing rapidly, and we can set up a subsidiary company specifically to operate digital products."

"..."

If you just look at the transaction volume, you can only lament that online shopping is the trend in the future.

If you see this piece, it's okay.

But as the person in charge of each subsidiary of Huanyu Technology, if you just see this piece of data from the data, it is not enough.

Behind these data are huge businesses.

Huanyu Technology can use this data to plan ahead and effectively respond to the future market.

"Yes, it seems that everyone already knows the importance of these data."

Chen Yu nodded: "Then I won't say more. You can take these data back and study them carefully."

Why did Penguin and Ali develop more and more in their previous lives?

In addition to their e-commerce and instant messaging markets, what's more, they have mastered the data.

By mastering the data, they can grasp the future market trends.

With the data in hand, they have the initiative.

Look at the penguins, why they even gave up patting, giving up searching, and giving up a lot of things.

But they invested in JD.com, Pinduoduo, Meituan, and China Literature.

Are their visions so accurate?

No.

They also used the data they had in hand to make accurate judgments.

Ali, same thing.

Take their Alipay as an example. By mastering users’ payment data, they can create a multi-trillion-dollar Ant Financial.

"That's it, let's break up the meeting."

Chen Yu didn't say much.

But he knew that after this meeting, Huanyu Technology's core competitiveness could definitely reach a higher level.

"Mr. Chen, I have something to ask you."

Everyone dispersed, but at this time, Wang Dongsheng did not leave.

"Uncle Dongsheng, if you don't look for me, I will look for you too."

LCD screen is one of the most important businesses of Huanyu Technology.

Its importance is no less than that of a chip or a system.

And its output value is no lower than that of chips and systems.

It's just that although Huanyu Technology has laid out BOE before and has a series of capital operations, the entire BOE is running well. However, this market is still dominated by Japan and South Korea, especially Samsung. At this conference, Chen Yu specially presented the Double 11 data, which also focused on the LCD panel.

"Mr. Chen, I know that this time the Double 11 data has greatly touched us. Looking at it now, LCD panels are expected to recover. In the future, LCD panel prices will also continue to rise. However, if we add a few more production lines as I mentioned just now, we There may be some problems with the funding.”

"Isn't there one in the stock market?"

BOE went public just to raise funds.

Chen Yu promoted BOE to go public, which could be regarded as solving BOE's financing difficulties at the time.

But when Chen Yu mentioned BOE, Wang Dongsheng felt a little embarrassed: "The main reason is that we have used the stock market to raise capital several times, and many investors are afraid of us."

Chen Yu understood this.

If you want to say which A-share stock is the most deceptive, it is of course BOE.

The profit is not much every year, but tens of billions of dollars are raised every year.

It is also because of such frequent financing that BOE’s stock price has always been around 1 yuan.

A large number of investors often report to the relevant authorities because BOE cheats people.

But the reaction was useless.

The superiors naturally know about BOE's model. They are really short of money, and the country also needs the LCD panel industry.

How can we do it otherwise?

Regarding the reaction of stock investors, the superiors also turned a blind eye.

But BOE’s deception is so obvious that some old investors no longer fall for it.

When Wang Dongsheng said this, Chen Yu smiled and said: "Haha, if I were a stock investor, I would be afraid of BOE."

Chen Yu was cheated by BOE in his previous life, so the impression was of course particularly profound.

But now BOE belongs to him. Even if BOE cheats him again, Chen Yu will have to take responsibility for him to the end.

However, regarding Wang Dongsheng's financing problem, Chen Yu had already thought of a plan: "Uncle Dongsheng, it's okay. The money issue can be easily solved."

"Mr. Chen, the headquarters has been competing with Microsoft before, so funds are relatively tight."

Wang Dongsheng had some hesitation.

In fact, if he had no other choice, he wouldn't want to speak.

He knew the difficulties at headquarters.

Moreover, BOE is simply a bottomless pit, and it cannot be solved by hundreds of millions or billions.

Any production line costs several billion.

Make a few, starting at least 10 billion.

If BOE's listing hadn't deprived some investors of their money, how could BOE have survived until now.

"The headquarters is tight on funds, but I didn't say I was taking money from the headquarters."

Knowing what Wang Dongsheng meant, Chen Yu said.

Not to mention that the headquarters doesn't have much money now. Even if it had money, Chen Yu wouldn't be able to invest like this.

LCD panels have always been an asset-heavy, low-return business.

Who can afford this investment of tens of billions every year?

Not to mention Huanyu Technology, even the country can’t stand it.

That is to say, Samsung, they also mobilized the efforts of the whole country and suffered losses for more than 20 years before they succeeded.

Chen Yu is not willing to follow them to compensate for decades.

With so much money, Chen Yu could use it elsewhere.

However, Chen Yu is unwilling, but BOE and LCD panels still need to develop.

Therefore, Chen Yu must also find ways to raise money for BOE.

"Mr. Chen, do you mean to borrow it?"

"It's not borrowing either."

Chen Yu shook his head: "Actually, we should get it from the stock market."

"But Mr. Chen, I think it's going to be a little difficult now."

"If there is any difficulty, we can just raise the stock price."

"Mr. Chen, we tried it, but it didn't work."

Wang Dongsheng said: "We have recently released several positive news. The stock has risen slightly, but those investors have also become smart. As soon as our stock rose, they sold it directly."

This made Wang Dongsheng vomit blood.

But there's nothing we can do about it.

He also knows that many investors are eager to get out of their trap every day and want to get rid of BOE every day.

As long as BOE has a bigger increase, what are they waiting for? They can run away.

"These guys are really good people."

Chen Yu naturally knew that these investors were being deceived, but he went on to say: "That can only mean that our benefits are average."

"Well, Uncle Dongsheng, Buffett seems to be auctioning his lunch recently. I will buy his lunch when the time comes. When he invites him to dinner, I will recommend BOE to him."

The magical operation occurs again.

Wang Dongsheng was stunned: "Is this okay?"

"Yes, of course."

Chen Yu nodded and confirmed: "Think about it, who is Buffett? He is a stock god. I took a photo of his lunch, so he must give me face no matter what. I recommended BOE to him during lunch, how could he He has to say something nice. Now that he can say it, what will all the investors think?"

"The stock gods say BOE is good, so it must be good."

"Yes, Uncle Dongsheng, you have figured it out."

Chen Yu laughed loudly: "That's it. Once our stocks skyrocket, won't it be a matter of minutes for us to raise funds?"

Buying Buffett's lunch to speculate on the stock price is not Chen Yu's big brain.

In fact, someone actually did this in a previous life.

Zhao Danyang, the godfather of private equity in his previous life, did this.

He was operating a stock at the time, and then he spent $2.11 million to buy the power of Buffett's lunch.

Then while having dinner with Buffett, he recommended the stocks he operated to Buffett.

Affected by this, the stock instantly hit dozens of daily limits.

Before Zhao Danyang, in 2006, Bubugao Duan Yongping spent US$620,000 to buy Buffett's lunch.

What is the reason why Duan Yongping took a picture of Buffett's lunch?

He is not recommending stocks.

At that time, Duan Yongping made a lot of money through a series of investment operations and had a lot of cash in his hands. He didn't know what to do.

So he asked Buffett for advice.

Of course, this is just one of them.

The most important reason is that Duan Yongping wants to thank Buffett.

Duan Yongping has always regarded Buffett as his idol, and has always used Buffett's ideas to run his business.

This made Duan Yongping very profitable, so he took the opportunity of lunch to express his gratitude to Buffett.

Moreover, Duan Yongping also brought the young Huang Zheng with him to join the contract, and everyone knows what happened next.

Huang Zheng founded Pinduoduo.

Of course, in addition to these, there are also plots from the movie about the richest man in Xihong City in his previous life.

In order to spend the money, the protagonist Wang Duoyu invited Buffett to have dinner with him.

It was a waste of money anyway, so Wang Duoyu spent a huge sum of money to invite Buffett over.

Unexpectedly, bad things happened as soon as I ate this meal.

His stock surged several times in an instant.

This may seem like an exaggeration, but that's the reality.

But at this time in 2005, Zhao Danyang had not yet started, and Duan Yongping had no idea of ​​​​shooting Buffett.

If Chen Yu takes a photo, he will be the first Chinese to take a photo of Buffett's lunch.

After talking to Wang Dongsheng, Chen Yu took action immediately.

The annual Buffett Lunch Auction has begun.

However, this auction does not require an on-site auction, he only needs to go to the online auction.

This is similar to the auction system in e-commerce.

If you want to take a photo of Buffett's lunch, then you can bid online.

So, this is very convenient.

This time, the website for Buffett's lunch auction was on eBay. Chen Yu registered an eBay account and searched for Buffett's lunch.

At this time, Buffett's lunch was already underway, with 30 people already participating.

"100,000."

Without hesitation, Chen Yu directly entered US$100,000.

The starting bid for Buffett's lunch is $25,000.

From 2000 to 2003, the transaction price has been hovering around US$25,000. After the auction was put online in 2004, the transaction price instantly increased by 10 times. Last year, in 2004, the transaction price was $250,000. Although it only fetched US$100,000 at this time, it can be seen from the current situation that the transaction price will definitely exceed US$250,000.

However, compared to the current transaction price of hundreds of thousands of dollars, Chen Yu naturally doesn't take it seriously.

If this is a trick, Buffett will make tens of billions in the stock market, let alone hundreds of thousands of dollars, Chen Yu will be willing to spend millions of dollars.

"$120,000."

After Chen Yu set a price of US$100,000, someone soon offered US$120,000.

In order to end the auction as soon as possible, Chen Yu directly entered US$200,000.

This increase in price surprised those who participated in the auction.

However, after all, the person who came to auction Buffett's lunch was not the one who was short of money. Soon someone raised the price to US$210,000.

Chen Yu directly increased it to another US$300,000.

"$310,000."

"$400,000."

"$410,000."

"$500,000."

In the end, Chen Yu spent $500,000 and won the right to have lunch with Buffett.

This figure is hundreds of thousands of dollars higher than the final price of US$350,000 in the previous life in 2005.

Of course, it doesn't matter.

Chen Yu didn't care about this little money.

Immediately, Chen Yu announced the matter to the media.

[Buffett’s lunch hits sky-high prices. 】

[Would you like to have lunch with Buffett for $500,000? 】

[The person who photographed Buffett’s lunch was a Chinese. 】

[Identity revealed, Huanyu Technology Chairman Chen Yu took a photo of Buffett’s lunch. 】

As a stock god, Buffett naturally has countless topics.

Especially for the stock market.

When the news that a Chinese photographed Buffett's lunch spread, the market's downward trend that day suddenly reversed.

It rose to 1 point in late trading.

I have to say that Buffett has such charm.

As for the inevitable connection between a Chinese photographing Buffett's lunch and the rise of A shares?

I’m afraid this can only be left to God to study.

"He is indeed a stock god."

Chen Yu also sighed.

The stock market is so irrational sometimes.

Even if there is no movement, just a Chinese taking a photo of Buffett's lunch, he can trigger a rise in domestic A-shares.

From this point of view, it is worthwhile for Chen Yu to take pictures of Buffett's lunch.

"Mr. Buffett, the person who photographed your lunch this time was Chen Yu, the chairman of Huanyu Technology."

"Chen Yu, I have met him."

"Yes, he is a genius."

"I didn't expect that he would take pictures of my lunch. However, I am also very interested in him."

Buffett was extremely excited when he learned that the person who took the photo of his lunch was Chen Yu, the chairman of Huanyu Technology.

He admired Chen Yu very much.

In addition to admiring Chen Yu's outstanding business genius, Buffett also made a lot of money from his investment in the two websites Chen Yu built in North America, Friends.com and Huanyu Video. He just didn't expect Chen Yu to take a photo of his lunch, but wasn't this a wonderful thing?

Taking out the phone, Buffett called Chen Yu.

"Hello, Chen Yu, I am Buffett."

"Mr. Buffett, I really didn't expect you to call me personally."

"Haha, you took a picture of my lunch, of course I have to call you."

"Thank you Mr. Buffett."

"When do you want lunch to start this time?"

"I hope it's as soon as possible. By the way, can I make a condition?"

"What conditions?"

"Can you come to China for this lunch?"

"Oh, China."

Buffett had some surprises.

Because Buffett had lunch at a North American steakhouse several times before.

At the same time, no one suggested changing the lunch location.

But after all, Chen Yu was the auctioneer, and Buffett did not refuse.

"Chen Yu, your proposal is great. I actually want to come to China. Thinking about it now, I haven't been to China in 10 years."

"Oh, Mr. Buffett, have you been to China before?"

"Yes, I came to China with Bill in 1995. I didn't expect that China has developed so fast in the past 10 years. I don't know if I can still remember the situation when I came to China this time."