I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Chapter 117 Industrial Layout of Jiangchu City!

The second World Internet Conference was obviously higher in standard. Eight foreign leaders, heads of more than 8 international organizations, and more than 20 leaders of Internet companies came.

The conference set up a high-level advisory expert committee. There were 31 high-level advisory expert committee members. The first meeting of the high-level advisory committee was held, and Mr. Ma and Fadi Chehad were elected as the co-chairs of the high-level advisory committee. Xi, the latter is also the leader of the Internet industry, the president and CEO of ICANN, the Internet address and domain name assignment organization.

Compared with Penguin's Little Ma, Mr. Alima is obviously more skilled and good at dancing.

Zheng Wentong also seized the time to visit colleagues in the Internet industry and other investment institutions.

Zheng Wentong is quite interesting. His parent company is Slope Investment, and he also invested in several Internet companies. As a result, he created two Internet companies, Interconnect and Weike Xinke.

In July next year, Zheng Wentong will be able to become the new director of the China Internet Society, but he must first decide whether to use Puhai Interconnection or Weike Xinke as a member unit.Mr. Alima, Mr. Penguin, Ding Sanshi, Qiandu Li Yanhong, Zhang Chaoyang and other industry leaders are all vice-chairmen.

Both Penguin and Ahri first made their own Internet companies bigger, and then started to invest in foreign countries when they had sufficient cash flow. In the early years, BAT was divided into three parts, and later it became Penguin and Ahri. , Qiandu is self-contained and has a sufficient moat. Only ByteDance has emerged suddenly, and even formed a trend of overtaking.

Zheng Wentong did the opposite. He first started investing in Internet companies, and after the investment companies had reached a certain scale, he began to start a business. He founded an Internet company, and then created two star apps, Universal WIFI and Wei Toutiao.

Therefore, Zheng Wentong is different from the founders of other Internet companies. So far, he still owns an absolute controlling stake in Interconnect and 100% of Weikexinke's equity.

Although Brother Penguin and Mr. Arima agree with each other in the company, they still have to take care of the interests of major shareholders. Only Zheng Wentong can plan the overall development route of the company according to his own ideas.

In 2015, there were many mergers in the Internet industry. Shanda Literature and Penguin Literature merged to form Yuewen Group, which also joined Himalaya’s B round of financing.

Didi and Kuaidi merged on Valentine’s Day to form a new Didi. Although the business is developing in parallel and retaining an independent brand, it is unbearable for Ali and Penguin to burn hundreds of millions of dollars every day to subsidize users.

After the merger in September, the new Didi was renamed Didi Chuxing, monopolizing 9% of the travel market in one fell swoop, and becoming a one-stop travel platform covering multiple businesses including taxis, special cars, express cars, ride-hailing cars, surrogate drivers and buses. The value also rose to 70 billion US dollars, becoming a super unicorn.

In October 15, Meituan and Dianping merged to form Xinmei University, with a valuation of US$10 billion.This is another merger of Penguin company Meituan and Ahri company Dianping. The driving force behind the scenes is Sequoia Huaxia Shen Nanpeng, and Sequoia Huaxia has also become a major shareholder of Xinmei University.

In the same month, Ctrip and Qunar under Qiandu merged. GGV Capital contributed to this merger, and Qiandu became the biggest winner.It is worth mentioning that GGV Capital was also the driving force behind the merger of Youku and Tudou last year.

The frequent mergers of the Internet industry's No. [-] and No. [-] companies are due to the fact that the venture capital institutions behind these Internet companies are unwilling to continue to burn money to acquire users, leading to bloody IPOs.After the merger forms a de facto monopoly, it will seek profits from Internet users through its monopolized market position.

Merging the boss and the second, killing the third, and then sharpening the sword to the users is the essence of these mergers.

In the two companies of Interconnect and Weike Xinke, Zheng Wentong undoubtedly values ​​Weke Xinke more.

At present, the market share of universal WIFI is the first, and the master key of Lianshang Network is ranked second. These two applications have almost covered the vast majority of mobile phone users.

After Interconnect completes the B round of financing, Zheng Wentong plans to promote the merger of Universal WIFI and Master Key, sell most of the shares to return funds, and keep a small part of the equity for financial investment.

As for the technical team headed by Zhang Yi, if they are willing to stay in the new company, then everyone can get together and get together. If they still want to work under the banner of Slope Investment, then Zheng Wentong will give Zhang Yi a chance to incubate and start a business internally.

Different from the previous conference, Zheng Wentong not only participated in the tree planting activity of the "World Internet Conference Memorial Forest" on the second day, but also participated in the closing ceremony on the third day. The theme of the closing ceremony was to build a world platform for Internet global governance.

At the closing ceremony, in addition to speeches by provincial leaders and heads of foreign organizations, Legend Holdings Chairman Yang Zongxiang and Mr. Ma, as representatives of entrepreneurs, completed their speeches respectively.Zheng Wentong sat in the audience and applauded politely, but he was thinking about other things in his heart.

Although he focuses his business on Puhai, it doesn't mean he wants to give up on Jiangchu. He can only unite a group of people in Jiangchu City and wedge himself into Jiangchu.Investing in Station A can be used as an attempt to bring Station A back to Jiangchu. Building a new Station A is the first step.

Although Slope Investment has invested in Xiaohongshu and Bilibili at present, when Weiyin and Weiying go online, they will sooner or later form a competitive relationship with Xiaohongshu and Bilibili.

Zheng Wentong's live broadcast e-commerce business in Hangzhou is now ready for everything, and the only thing that needs to be done is Dongfeng. As long as Ari starts to test the water of live broadcasting, Weimeng Media will start to seize the market with lightning speed.

The so-called current situation makes heroes, Zheng Wentong does not believe that so many anchors with goods will not be able to cultivate a Wei Ya or Li Jiaqi.

Wait two years after Weiyin, and then start testing Weiyin Mall and Weiyin live streaming, at least wait until Luo Yonghao can no longer play with the hammer and prepare to stage a true story.

The root cause of Smartisan's inability to make mobile phones is that Luo Yonghao lacks money. After all, you can play with Smartisan without money.

After Galloping Horse is successfully listed on the Hong Kong Stock Exchange, Zheng Wentong plans to invest in the construction of a film and television base in Jiangchu City. At that time, he will buy a film and television special effects company and an animation company, and place them around the film and television base.

Focusing on sci-fi themes, "The Wandering Earth 1", "The Wandering Earth 2" and "Three-Body Problem 1" will be filmed. At that time, IP will be developed to build the Chinese people's own Three-Body Problem Cinema.

However, these things have to be done step by step, and don’t expect to be accomplished overnight. If you are in a hurry to start a big project, the market has not yet matured, and it will often end up unfinished, and local governments and investors will be caught in it.

Puhai has already started to build Disneyland, and Yanjing is planning to attract Universal Studios, so it is more attractive to build a new studio in the central region.

Zheng Wentong must unite a group of people and benefit more related groups, so as to offset the influence of some private consortiums.

Zheng Wentong can also set up a consumer finance company in Jiangchu, introduce local bank shareholders, and then plan for private bank licenses, such as Mingzhou Bank and Jinling Bank, which later obtained consumer finance licenses and are new top players in the consumer finance market. Gradually erode the market share of old players such as Yexin Consumer Finance and Yongan Consumer Finance.

Puhai is the base camp, Yanjing has Pony Gallop, Hangzhou has Weimeng Media, and although Jiang Chu has established the slope charity foundation, he has not yet established a company. The key is that there is no suitable wedging point.

Although my uncle's classmate Zhou Yonghong is the editor-in-chief of the provincial newspaper, unless he can be transferred from the provincial newspaper to work in the districts and counties below Jiangchu City, although the level remains the same, the actual power is very different. The retired father-in-law Gu Yongshan has been unable to provide assistance for Zhou Yonghong's career.

Thinking of this, Zheng Wentong called his father Zheng Xingjian, "Dad, last time you established the Slope Charity Foundation, you recommended Yao Yuan as the vice chairman and secretary general. I checked here. Yao Yuan is from the city. Li resigned and worked as a secretary in the state-owned Yanghang Group before, who did he serve as secretary?" Zheng Wentong asked.

"Yao Yuan used to be your uncle's secretary." Zheng Wentong replied.

"My uncle? Didn't our two families stop seeing each other a long time ago?" Zheng Wentong felt strange.

"Your uncle was the chairman of the Yanghang Group before, and later the Yanghang Group and Huayun Group merged, and your uncle was later promoted from the general manager of Huayun Yang Hang to the chairman of Huayun Yang Hang."

"However, due to the downturn in the water transportation industry in recent years, Yang Hang Group suffered serious losses. After the new term, he retired. Before retiring, he transferred Yao Yuan from Yang Hang Group to the city, but later he and Lin Liangchang's work philosophy Inconsistency, and later suspended without pay.”

"Later, when your nephew held a full moon wine, Yao Yuan specially went to the provincial capital to come back to give gifts. I reckoned your uncle's intentions in this." Zheng Xingjian explained.

"But last time I went to Yanjing to visit Mr. Zheng, and now I plan to transfer Huayun Yang Hang to the Yongan Group, a central enterprise. After several reorganizations like this, my uncle's influence on Yang Hang Group will basically disappear. "There is no such thing as a new generation replacing an old one.

"Who said it wasn't? Who knew that not long after Yao Yuangang resigned, Lin Liangchang also resigned from the city. If I had known it, I might as well have stayed a few more months." Zheng Xingjian also felt it was a pity.

My uncle's sons and daughters are not very up-to-date, they only know how to start a company to make money, and when they get rich, they look down on this poor relative in Tongji County.

A few years ago, my uncle and aunt knew how to call my grandma to celebrate the new year, but I didn’t even bother to make a phone call in the past two years.Of course, the grandmother was very sad. She hadn't seen her younger brother, nephew, or niece for several years.

Now that Zheng Wentong's side has become popular, the uncle and aunt are naturally embarrassed to come to visit. After the uncle retires, he probably wants to ease the relationship between the two, so he asked Yao Yuan to come to give gifts, and Zheng Xingjian recommended it along the way. Yao Yuan serves as the vice-chairman of the Slope Public Welfare Foundation.

"Then you don't make it clear. I just went to Yanjing a few days ago, so I should stop by to visit my uncle." Zheng Wentong felt strange.

"Hehe, your mother is unhappy. When she was a child, she took care of your uncle's cousins. She held them in her hands for fear of falling, and held them in her mouth for fear of melting. Now after getting married, she turns her face and refuses to recognize anyone, her eyes are higher than the top. Since Yao Yuan has never said anything to ask you, let's pretend to be deaf and dumb." Zheng Xingjian also has the intelligence of a small person.

(End of this chapter)