Reinventing the Millennium

On the evening of the fifth day of the Lunar New Year, Fang Zhuo, who had initially confirmed the valuation intention with China Unicom, had no celebration. He had a simple dinner, flipped through the materials casually, and only looked at them for a while before turning his mind to other things. He waited until he heard his secretary Liu Zonghong open the door. The voice came back to reality.

"Mr. Fang, I have accepted the tea, and there is a gift in return." Liu Zonghong smiled, picked up the bag in his hand, and took out the exquisite box inside.

Fang Zhuo said "Yes": "Mr. Yan is quite polite."

"I really couldn't push it away, so I had to take it back. Mr. Yan said it was a local specialty." Liu Zonghong piled the boxes on the coffee table. "It's Qinan agarwood from Hainan."

"One tael is worth one tael of gold." Fang Zhuo shook his head slightly, thought for a few seconds, and said, "Tomorrow I will have someone send one to Mr. Xiong and Mr. Wang, and oh yes, Mr. Zhang from Sohu will also give one. share."

Liu Zonghong agreed, as if he wasn't worthy enough. It was okay to buy it with his own money, but where could he buy it temporarily?

While thinking about how to deal with it, he asked, "Mr. Su, do you want to keep a box there?"

Fang Zhuo waved his hand and said there was no need to use agarwood incense.

He closed the information about Shenzhou Taiyue and sighed: "Taiyue is a company that relies too much on Fetion, and its revenue structure is too single."

"Then Taiyue's stock price has doubled in the past few months, will it be very dangerous later?" Liu Zonghong asked.

Fang Zhuo answered the question: "The sponsor is so important."

Taiyue's first two listings failed, and the third time it changed sponsors, it immediately transferred its shares. This is really telling.

However, Fang Zhuo did not intend to study or discuss these in detail. He just smiled and said: "Judging from Taiyue's market value performance, our valuation of Yixin is really undervalued."

Taiyue's revenue in 2009 was 720 million, and its net profit was 270 million. This supported a company with a market value of 20 billion, but the flaws in its revenue structure were extremely obvious.

Liu Zonghong asked at this time: "Mr. Fang, it seems that Mr. Yan has never been to Shencheng before?"

Fang Zhuo understood the meaning of this question and couldn't help laughing: "That Huo Kaixiang suddenly proposed to find an organization to get reference opinions. Where can I control his methods? They are all temporary. This is the first time I have met Yan Chaobin. I can't hand it over to him. With one look, he would help me advocate.”

Liu Zonghong responded with silence, "I don't know."

"Projects need aura. Only with Fetion's aura can Taiyue have such a market value. Mr. Yan also believes in Yike's aura." Fang Zhuo said with a smile, "But there is no problem. China Unicom will bring money and resources this time. If we all start a business together, we will all make money after it is completed."

Liu Zonghong added in his heart that Mr. Yan still believed in Mr. Fang's aura.

Fang Zhuo stood up and stretched: "I will meet with Chairman Chang of China Unicom in two days. There will be nothing else going on this time. China Unicom will not lose money. Let's chase Fetion together first."

If you want to fight Penguin, chase Feixin first. The third one has to pass the second one before you can have a head-to-head confrontation.

However, China Mobile really doesn't care much about Fetion. All its business is outsourced, one is Shenzhou Taiyue, and the other is the holding company Zhuowang.

Fang Zhuo even suspected that even if Yixin raised the flag, Fetion Mobile would not engage in too strenuous activities.

Unlike the vitality of Yixin and Penguin, Fetion’s response from the National Day last year to now is indeed a bit clumsy.

Liu Zonghong glanced at the information on the coffee table and said, "Mr. Fang and Taiyue can perform like this. If Yixin can quickly promote the listing, it will definitely be better than it."

He feels that today's so-called profit model can be very simple to find, just like several mobile games launched by Yike, which have actually brought about very impressive performance.

Since Yixin is an acquaintance chain, you can quickly gain results by trying out relatively simple touch-screen games on Yixin.

"Well, there's no rush." ​​Fang Zhuo walked to the window, "The valuation sounds high. China Unicom only pays part of the money and engages in some resource docking. It's not much. China Unicom doesn't have to make a huge profit from this valuation. Profits, or in other words, the emphasis on this aspect is different from that of ordinary investment institutions.”

Liu Zonghong nodded, Mr. Fang's judgment was correct.

Fang Zhuo looked at the night scene outside and thought about this cooperation.

For a company like China Unicom, even if it is its own business, if it can use 100% of its power to achieve 80%, it will be considered great. Yixin can use 60% of the range this time, which is considered good. However, this is not good for Yixin's future development. There are still great benefits.

He was thinking, well, tomorrow Yixin will fully launch the circle of friends, which should inspire a wave of new users.

Fang Zhuo thought to himself for a while, then suddenly remembered that he still had a phone call to make, turned around and waved, "Go and rest."

Liu Zonghong obeyed the order and carried out Mr. Yan's gift bag.

Fang Zhuo took out his mobile phone and called Kong Yu, a gasoline man in the United States, and asked him about the support business he had hosted recently.

MIGA Fund's activities in Washington complied with the previous agreement to help solve the problem of non-performing assets in a shell manner. Although it is not suitable for Fang Zhuo to go to the United States now, his heart is still concerned about his old friends.

We talked on the phone very late, and by the time I put away my phone, it was already early in the morning. Yixin had quietly launched a new version, further adding social attributes with a wave of user growth from Spring Festival marketing.

However, this version of the update did not surprise the media, observers, and competitors. Yixin had previously conducted a small-scale test on Moments, and this step is no longer a secret.

But... although it has been expected for a long time, many people are already predicting that this gradually taking shape of Yixin will have further impact on Penguin's stock price.

Penguin lost $3.629 billion on the 17th, and now it depends on when it will resume trading.

On February 20, just as Fang Zhuo met with the chairman of China Unicom, Penguin did not announce the resumption time, but suddenly announced that the number of users who had written letters had exceeded 10 million.

This number shocked many people.

Although Penguin has been pushing letters, it always seems to have no sense of existence. Even so, it has been pushed to this point... What about Yi Xin?

Yixin remained silent today and did not give out its user numbers tit for tat.

However, in the evening, Fang Zhuo received news from the company's YMS review team - both Penguin and Letter software had submitted new feature updates, which was the red envelope feature.

Calculating the time, based on the regular review process of 5 working days + 2 weekends, this will be able to catch up with the Lantern Festival this month at the latest, and just in time to send out a wave of red envelopes at the end of the festival.

The YMS review team asked for their opinions on this time.

After all, the boss has gone to the capital for two meetings before, and the Penguin software now follows the procedures and permissions.

Fang Zhuo was in a dilemma, this, this matter...

"Let's follow the process. No matter who is on the other side, since the standards have been set, we must stick to them." Fang Zhuo is a perseverant person. No matter what others say or evaluate, he has always had a clear conscience.

The review team understood what Mr. Fang meant.

Soon, the review opinions will be initially established, the QQ update will be approved, and the letter update will reject the modification.

In accordance with the guidelines of 3.5.2 of the "Yike Software Store Review Guidelines", the software store conducted a preliminary review of the app "Letter" after receiving a complaint from the app "Yixin" and believed that there was indeed an overly similar situation and hoped that "Letter" "Provide corresponding materials for explanation.

QQ is no problem, you can send red envelopes.

There is a problem with the letter, and the problem must be faced squarely.

No matter who they are, no matter how powerful they are, they must strictly abide by work procedures and relevant standards, never wrong a good person, and never let a bad person go, so that they can have a clear conscience.

I’m so tired after walking around with my baby all day. I’ll update more tomorrow.