When I am reborn, I just want to be a top student
Chapter 400: Establishment of a Group, Decline of Business Ethics
Tang City.
I have to say that Manager Hu is very fast.
Under the theme of focusing on economic development, all regions have great motivation to attract investment.
If it is a super first-tier city such as a coastal city, the pressure in this regard may be smaller. After all, the business is developed and funds from all over the country are pouring in.
However, Tang City, located in the inland, does not have such favorable conditions.
Relying on its advantageous position in the five northwestern provinces, Tang City's development is not slow, but it is not fast either.
If we look at the list of China's top 500 companies in previous years, we can see that most of the companies on the list are state-owned enterprises.
Petroleum, energy, media and chemical industry, construction, automobile, etc.
The ideas of the local residents in Tangdu City are also very simple. They want to stay in the local area, work in the research institute, and then buy an apartment in Qujiang.
In just two or three years, after Galaxy Technology was established in Tang City, it brought great changes to Tang City.
These changes are also reflected in Tangdu City's GDP data.
Therefore, when Manager Hu returned to Qin Province and raised the matter at the five-member group meeting, there was no opposition to the proposal for cooperation at the meeting.
The only dispute is the amount.
Twenty billion!
It is too risky to use this amount of money for investment cooperation.
However, after Manager Hu said he would take responsibility if there was any problem, no one raised this issue again.
What happens next is simple.
Of the 20 billion, Qin Province will contribute half and Tang City will contribute the other half.
Because it was proposed by Manager Hu and agreed by all the leaders, the process was moved forward very quickly.
Tang City.
When Wang Donglai came to the compound again, the treatment he received was completely different from last time.
Manager Shen came in person, accompanied by Manager Hu.
This scene was also captured by reporters.
Because the most critical issues had already been discussed, the conversation went extremely smoothly.
Wang Donglai's valuation of the commercial value of semi-solid-state batteries at 150 billion yuan has also been recognized and acknowledged.
For the convenience of shareholding, Tang City and Qin Province each invested 7.5 billion yuan, accounting for 5% of the shares.
Another 5 billion was exchanged for targeted low-interest loans for use by Galaxy Technology.
When signing the letter of intent, Chen Lingyue, Zhou Rui and others were all extremely excited.
With this letter of intent, Galaxy Technology has a trump card.
You can choose not to use it, but you absolutely cannot do without it!
The letter of intent was signed at noon, and the news that the two general managers Shen and Hu met with Wang Donglai was released in the afternoon.
《A 100 billion industry has landed in Tangdu! 》
Without exception, all the pictures depict the scene where Wang Donglai is received by the two stewards.
Tangdu Jiaotong University.
Xu Songyao naturally knew about this matter. When he saw the overwhelming news, a satisfied and proud smile appeared on his face.
"The dragon emerges from the abyss. Once this step is taken, it is truly stable!"
Since Wang Donglai became famous, Tangdu Jiaotong University has also gained a lot.
For example, the funding has doubled, and Tangdu City is also preparing to approve land to expand the Tangdu Jiaotong University campus.
Support from all sides came one after another.
Tangdu City is a city with extremely rich higher education resources. I can’t help but feel envious when I see Tangdu Jiaotong University receiving such preferential treatment.
But no matter how envious I am, there is nothing I can do.
Tangdu Jiaotong University has indeed achieved success thanks to Wang Donglai.
Not only does Tangdu City provide support, but the all-round cooperation between Galaxy Technology and Tangdu Jiaotong University makes these schools jealous.
Not only did they donate money, they also aggressively recruited students and provided jobs.
Finally, well-known professors and scholars such as Zhang Yitang and Ruan Wei were brought to Tangdu Jiaotong University.
Anyone with vision can see that if things continue like this, the teaching quality of Tangdu Jiaotong University will inevitably improve rapidly.
This year, Tangdu Jiaotong University has launched a series of major moves.
Reduce majors and adjust the teaching system.
One action after another is dazzling.
Logically speaking, such a big move is bound to cause dissatisfaction among some people.
However, at Tangdu Jiaotong University, these dissatisfied voices were completely suppressed because of the presence of Wang Donglai and Galaxy Technology.
So, these changes have been implemented smoothly.
As the principal, Xu Songyao also bears tremendous psychological pressure.
At this moment, after seeing this news, he felt truly relieved.
Xu Songyao is a smart man and knows what kind of changes the implementation of a trillion-dollar industry will bring to Tang City.
Moreover, he was more clear about one thing, that is, Wang Donglai's achievements were far more than that.
This project is just the beginning.
Feeling proud, Xu Songyao looked at a document that had been on his desk for a long time and finally made a decision.
The only title I saw was "Several Suggestions on the Treatment of International Students!"
……
Galaxy Technology.
Wang Donglai had already informed everyone about the establishment of the group.
And people's reactions were different.
A group and a company are two different concepts, with obvious differences in legal status, organizational structure, management methods, and equity structure.
Zhou Rui, Zhang Bietian, Huang Yidao and others are all very clear about this.
Therefore, when Wang Donglai gathered everyone together, everyone was mentally prepared.
"We didn't plan to develop this quickly, but now that it has come to this point, there is no need to deliberately delay it."
"The company will adjust its business structure next."
When he said this, Wang Donglai deliberately paused.
Seeing everyone's expectant and nervous expressions, Wang Donglai did not keep them in suspense and said immediately: "Next, Douyin, Neihan, Toutiao, Xigua Video and others will set up platform and content business groups, which will be led by Zhang Bytedance and Chen Mengni will serve as the chief operating officer."
"Your task is to attract traffic and regulate the content on the platform to avoid the risk of violating laws and regulations. You also need to create content."
"Zhang Yite, if you have any questions or requests, you can raise them now!"
“But by the end of the year, I need to see TikTok downloads exceed 50 million and registered users exceed 10 million!”
When Zhang Yibyte heard the request made by Wang Donglai, his face immediately frowned.
There are only three months left until the end of the year, and the requirement to achieve over 50 million downloads and over 10 million registered users is too stringent.
Fortunately, Wang Donglai gave him the opportunity to make a request, otherwise, he really didn't have much confidence to do it.
After thinking for a while, Zhang Yitian said, "Currently, Douyin has less than 2 million downloads, only 100,000 registered users, and less than 10,000 daily active users."
“If we want to exceed 50 million downloads and 10 million registered users, we have to advertise and buy traffic.”
"At the same time, because Douyin is positioned as a 15-second music short video community, it needs to purchase a large amount of music copyrights."
"Secondly, as a new short video platform, there is a shortage of creators, so there must be incentives to attract creators from platforms such as Inke, Huajiao, Douyu, and Huya to join."
"Finally, I have another idea. It is easy to shoot short videos, but if you want the content to be exquisite, you have to edit it, which makes it more difficult. So we need to develop a software that is easy to edit, or install it inside Douyin to make short video creation easier and more convenient."
"As for the problem, I have one thing that worries me. Penguins have already developed micro-vision. If we grow up, we will most likely be attacked by penguins!"
"Such short video platforms also face regulatory risks and must be supervised by higher-level Internet monitoring departments. I think it would be best to put them in Beijing!"
It was obvious that Zhang Yitu was well prepared and he discussed these issues in a clear and organized manner.
Wang Donglai nodded with satisfaction and said, "I've heard your questions. Actually, they are all easy to solve."
"Buying traffic, advertising, purchasing music copyrights, and attracting creators all cost money."
"I'll approve 100 million yuan a month for you. I don't care how you spend it. I only want valid downloads and registered users. Invalid downloads and registered users don't count." "As for the editing software you mentioned, I'll personally buy it later."
"As for supervision, when the platform grows stronger, it is inevitable that the Internet supervision will provide guidance and supervision. At that time, we can set up a branch in Beijing. In addition, we must also train personnel in the review department now. We must not lag behind and be ready to expand at any time."
"The audit base can be selected in a major second-tier city in China, not necessarily in a first-tier city. If conditions are suitable, a third- or fourth-tier city can also be selected."
"In addition, you can develop overseas versions and go abroad, but you must pay attention to local laws and regulations and don't be reluctant to spend money on preliminary preparations."
"Any other questions?"
Wang Donglai gave a solution in just a few words.
Having seen the answers, he naturally solved these questions easily.
As for Zhang Yitian mentioning video editing software, Wang Donglai was not surprised.
Although he mentioned before that he wanted to develop editing software, developing a software is not something that can be done just by writing it.
Of course, it can be written, but there are too many bugs and it requires multiple internal test runs.
However, Wang Donglai does not need to do this. The software he writes can be directly put online as a mature product application.
The key is that the software code is beautiful, concise and fully functional.
Zhang Byte proposed this because he actually wanted Wang Donglai to write this software.
Zhang Bietian felt relieved when he heard Wang Donglai's answer.
Originally, the slight unhappiness caused by Wang Donglai's placement of Chen Mengni was also eliminated.
If you need money, give money. If you need technical support, give technical support.
Being bold in delegating power to yourself makes you a very good boss.
Zhang Bytedance also worked in the Internet industry, so he knows the methods of bosses in the same industry best. They make promises crazily, but when it comes to real money, they become more stingy than anyone else.
"Don't worry, boss. I will try to complete the task by the end of the year!"
Wang Donglai said seriously: "It's not about striving for it, it's about making sure. If you feel that the support is not enough, I can still raise it, but the requirements I mentioned must be met!"
Zhang Yitian suddenly became serious and said again: "I promise to complete the task by the end of the year!"
"Ok!"
Wang Donglai nodded, looked at Chen Mengni, and said, "As the chief operating officer, your job is very important. Domestic content platforms, no matter how big or small, will have all kinds of monsters and demons as long as there are many users. We must resolutely eliminate them!"
"Once discovered, accounts and comments that slander or defame national martyrs and heroes will be permanently banned. In serious cases, the police can be notified."
"Guide the nation's self-confidence, resist the trend of worshipping foreign things, establish correct values, achieve cultural self-confidence, and promote traditional culture!"
"This is something that not only platform users must abide by, but also the company itself. If any employee has this problem, they will be transferred to another position at the very least, or fired or called the police at the worst!"
“When a platform reaches a certain level, ideology becomes the biggest risk.”
"So, as the COO, you must stand firm and provide direction!"
"If you have any questions, you can contact me at any time!"
Wang Donglai said this very seriously and with a solemn expression.
Chen Mengni originally wanted to refuse, but after hearing the seriousness in Wang Donglai's tone, she nodded vigorously and said, "I will do it!"
Wang Donglai looked at Huang Zheng again and said, "Pinyidao is an e-commerce platform, so we will set up a separate e-commerce division. You will be in charge, and Zhou Rui will be the chief financial officer."
"Regarding the fight, Huang Zheng, if you have any questions or requests, you can raise them."
Douyin, content platforms that focus on connotation, and e-commerce platforms like Pinyidao have different ways of playing.
Although both can gain traffic by spending money, the focus of e-commerce platforms is actually on merchants.
Without a large number of merchants, the platform has no value at all.
The gameplay of Pin Yi Dao has become different from that of the previous life due to Wang Donglai's intervention.
At least, the capital reserves at the beginning of its establishment were not on the same level.
Pinyidao currently specializes in group purchasing of fruits and vegetables, with its main target users being in third- and fourth-tier cities, and most of its target users are customers who are extremely sensitive to prices.
At this stage, Wang Donglai was not planning to make money.
Instead, be prepared for long-term losses.
First acquire paying users, increase transaction volume, and then attract merchants to settle in.
Another change is that the infamous "invite friends to cut with one knife" in the previous life has become full of sincerity.
Huang Zheng was obviously well prepared. He cleared his throat and said, "At present, the platform's losses have increased from 100,000 per day to 300,000!"
"In contrast, our paying users are also growing rapidly. According to estimates, by the end of the year, the platform will have more than 10 million active users and more than one million orders per day."
"But at the same time, our losses are getting worse and worse, and will increase as the number of users and orders surges."
"In addition, with the addition of new customers and subsidies for agricultural products, the platform's losses will further increase."
"So the biggest problem is funding, followed by express logistics."
When he said this, a hint of hesitation appeared on Huang Zheng's face.
When Wang Donglai saw this, he said, "Huang Zheng, if you have anything to say, just say it!"
Huang Zheng took a deep breath and said, "If we adjust the rules for attracting new customers and subsidies, our losses won't be so great."
"At the same time, I am confident that it will not affect the company's development momentum, and the number of active users and orders will continue to increase."
"Based on the analysis over the past few months, I am very sure that by using low prices to attract users in third- and fourth-tier cities, and then using group purchase discounts, we can definitely expand to first-tier cities."
"According to my idea, if everything goes well, it will be available on the market in three years at most."
Hearing Huang Zheng say this, the smile on Wang Donglai's face faded.
There was a sharp light in his eyes, and he stared at Huang Zheng and said, "Huang Zheng, it seems that you don't agree with the development strategy I have set?"
Huang argued, "According to my idea, we can make more money and develop faster!"
"If we drag on, JD.com and Tmall won't give us a chance! Only by acting quickly can we carve out a path forward!"
There was a sudden silence in the conference room.
Wang Donglai looked at Huang Zheng and said after a while: "I think you want to change more than just the rules for attracting new customers and the rules for subsidies. If you have any other ideas, you might as well speak up."
"Since we have to talk about it, let's just speak frankly. Otherwise, keeping it in our hearts will be bad for everyone!"
Huang Zheng took a deep breath and said, "I want to build a domestic version of Wal-Mart. When there is an adequate supply of general goods without a threshold, I will protect the rights of consumers to the greatest extent, attract a large number of consumers, and thus kidnap merchants."
"Use low-priced, high-quality goods to attract consumers. As long as they sell well, they will be recommended first. Once they are ranked at the top, sales will increase significantly. Then the price can be further lowered to achieve a situation where consumers are satisfied and merchants increase sales."
"In addition, you can use viral marketing methods, for example, you can invite friends to join the price reduction; you can get 200 cash when you accumulate gold coins; you can get a red envelope with a full discount when you log in, and enter the exclusive product area to make purchases."
"In addition, when the user base reaches a certain scale, the 'refund only' mode can be enabled. As long as consumers buy fake or knockoff products and there are serious quality problems with the products, they can directly apply for a refund without returning the products."
"At the same time, given the uneven quality of domestic merchants, I plan to impose stricter restrictions on merchants on the platform..."
When hearing this, Wang Donglai's mind already emerged with the fight between the swordsmen in later generations.
A paradise for freeloaders and those who take advantage of others.
Merchants are cursing, and users are using the products while cursing.
Only the platform makes huge money quietly, with a profit margin as high as 24% and annual profits exceeding hundreds of billions.
It has to be said that Huang Zheng’s business model is extremely clear and feasible.
Even if Wang Donglai doesn't like it, he has to say that it is indeed a very successful business model.
However, Wang Donglai does not like or approve of this model from the bottom of his heart.
The negative effects of this model are too strong.
If this situation continues, it will inevitably cause greater backlash.
For example, the growth of the return party, the free-gift party, and the wool-collecting party exploits platform loopholes and undermines business ethics.
In later generations, Pin Yidao became notorious because he single-handedly lowered domestic business ethics for decades, causing the return rates of major platforms to soar and the business ethics of users to plummet.
When buying clothes, I don’t cut the labels and return them after wearing them.
If you don’t give me a red envelope, I will give you a malicious bad review!
Scamming merchants and making unreasonable demands!
Although these phenomena have always existed, they spread rapidly and grew stronger after they became stronger.
It is precisely because of this situation that Wang Donglai wanted to intercept and fight in advance in order to change the situation.
But no one expected that after going around in circles, Huang Zheng still brought it up.
With a sigh in his heart, Wang Donglai looked at Huang Zheng with a hint of coldness in his eyes. (End of this chapter)
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