Chapter 270 Death of Sina
“Still in Hongyan?”
Xu Liang nodded, “From now on, Hongyan will be my private investment institution, similar to Bill Gates’ waterfall. Investments, Walton Enterprises Ltd."
"Family Office?"
"That's right."
"Who are you going to let manage?" Jiang Xiaoyang couldn't help but ask.
Xu Liang glanced at her and smiled.
“I am responsible for the investment direction, and there is currently no suitable candidate for daily management.”
Managing Hongyan Fund does not require high ability, the most important thing is loyalty.
The most loyal person around him is Huo Gang. As brothers who grew up wearing crotchless pants together, there is no need to doubt Huo Gang's loyalty.
But it is a pity that he lacks management experience and does not understand financial investment.
Cousin Guo Hong can also do it, but she is too young and lacks management experience and necessary financial knowledge.
Sister Xu Meng, if it were ten years later, he would definitely give her this position without hesitation.
Jiang Xiaoyang looked at Xu Liang, who was a little confused, and wisely did not ask any more questions, as long as it was not a certain woman.
She hesitated and finally gave up.
Based on her understanding of Xu Liang, he would not let herself be responsible for Hongyan.
Xu Liang quickly recovered his thoughts.
"Go back and sort out the information and start the integration work between the two parties. In ten days, come with me to Xiangjiang."
Jiang Xiaoyang nodded.
——
"Mr. Xu, I just received a fax. You were selected as one of the top ten economic figures in 2001."
Taking the fax from Lu Hui, he glanced at it briefly and threw it aside.
"Tell them, I'm very busy and can't go."
"Mr. Xu, this is a major selection. If you refuse, you will offend the other party, and I'm afraid it will affect your company in the future. The development is not good," Lu Hui said quickly.
Xu Liang nodded, "You are right. You can make your words more tactful later. Just say that I feel young. Although I have achieved some achievements, I don't dare to compete with the seniors in the business world. Than, they dare not be ashamed of receiving the honor of "Top Ten Economic Figures" and let them choose others who are virtuous.
So be it. "
Looking at Xu Liang who left without looking back, Lu Hui sighed helplessly.
There was nothing she could do about such a stubborn boss.
Driving all the way to the Ideal Building
We arrived at the Sina office area with ease.
"Mr. Xu."
The front desk saw him coming in and greeted him quickly.
Contrary to Xu Liang’s expectation, the front desk rushed over.
"Mr. Xu, let me take you to the office."
It was the first time Xu Liang came to the Sina office area, and he really didn't know where the office arranged for him by Wang Zhidong was.
He glanced at the nameplate on her chest.
Xie Xiaona.
"Lead the way."
"Yes."
Xie Xiaona showed joy on her face and quickly led the way.
This scene instantly made other receptionists envious.
On the way here, all Sina employees looked at us in awe.
The impact of the battle for Sina still pervades the Internet and even the entire business world. Sina employees who are involved in this experience feel it particularly clearly.
Now that the dust has settled, Xu Liang stepped into Sina like a king in a victorious manner, which of course made them feel complicated and intimidated.
Sina’s office area is very large.
More than 500 people occupy three floors and nearly 6,000 square meters.
Except for the 12th floor where servers are stored, the remaining two floors are office buildings.
Xu Liang’s office is located on the middle floor.
"Mr. Xu, this is it."
Xu Liang pushed the door open and entered.
The space is very large, about 120 square meters, with a reception area on the outside, an office area inside, and an additional bedroom where you can take a lunch break.
Xu Liang walked around the office, "It's nice here."
Xie Xiaona quickly said: "This was originally Mr. Duan Yongji's office, and it was also the largest office at Sina. Mr. Wang specially Tell us to clean it up for you to work on."
Xu Liang nodded, "Excuse me, go back to work."
After Xie Xiaona responded respectfully, she turned around and left with some disappointment. Got out.
"What do you think of her?"
Lu Hui said: "She has a good eye, but I don't know what her ability is?"
"Let's check it out and join the president's office if suitable."
Xu Liang will place one or two secretaries in each of his companies, as a channel for subsidiary personnel to contact him, and of course as an eyeliner.
Although you may not be able to collect much useful key information in the end, putting it there is a kind of shock.
"Yes."
Lu Hui nodded.
"Old Zhang?"
Zhang Hongwei responded quickly.
“Recruit more people and change all Sina’s security.”
"Yes." Although Xu Liang does not care about the daily management of each of his subsidiaries, he will also put in his own informants.
The president's office is only one, security force is the second, and the most critical one is finance.
Whether it is domestic subsidiaries or foreign subsidiaries, he arranges all three personally and will never rely on others.
After the explanation, Xu Liang walked to the floor-to-ceiling window and looked at the busy Zhongguancun below him.
"After planning for such a long time, I finally took control of Sina. The next step is to delist it."
Only after delisting can Sina be able to integrate with Hongmeng's many businesses as desired without having to I don't care about the complaints from shareholders.
Moreover, he has completely taken control of the controlling stake. Under the Nasdaq crisis, and in an environment where Chinese concept stocks are generally not optimistic, it does not cost much to acquire the remaining shares.
Dong dong….
There was a knock on the door.
"Come in."
Wang Zhidong opened the door and walked in.
"Mr. Xu, are you here?"
"Old Wang, come and sit."
When the two sat down, Xu Liang said: "What do the shareholders say? ?”
When Hongmeng holds more than 30% of the shares, the general tender offer clause has been triggered, so Hongmeng also took advantage of the situation and issued a general tender offer document to sec.
Sina terminated its listing and entered the negotiation stage.
As Vice President of Hongmeng and COO of Sina, Wang Zhidong is fully responsible for negotiations with the remaining shareholders of Sina.
“Most of them accepted our offer of US$4.5, and only Sitong Lifang refused. They felt that they should negotiate on the condition of Sina’s listing of US$17.”
“Duan Yongji is this But it doesn't matter. If he doesn't agree, he won't. Once we acquire the equity of other shareholders, if the outstanding shares are less than 15%, we will be delisted.
We will take good care of him then. "
Wang Zhidong nodded.
"Mr. Xu, Mr. Wang, it's almost time. "Lu Hui came over and reminded.
Xu Liang nodded and stood up.
"Let's go to the meeting. ”
A group of people arrived at the largest conference room in Sina.
The room of about Baiping was filled with Sina’s middle and high-level executives.
Wang Zhidong walked to the center of the stage and sat down slightly to the left. Xu Liang stood on the podium alone.
Through the bright light, Xu Liang could clearly see the scrutiny, curiosity, and even hostility that had not dissipated on the faces of the people below.
"I believe everyone here knows me. Regardless of the labels placed on me by the outside world, such as the richest man in the mainland, the youngest entrepreneur, etc., I am essentially the founder of an Internet company."
Xu Liang's voice, clear and loud, echoed in the huge conference room, and his young and confident figure seemed to radiate light, attracting everyone's attention.
“Hongmeng is the third company I founded.
From its establishment to now, it has been a total of one year and eight months.
In this year and eight months Within months, I built Hongmeng into the world's top multinational Internet company. Currently, Hongmeng has nine subsidiaries in China, South Korea, Japan, Xiangjiang, Zhongnan, Nanyang, and Europe. Forty-two countries and regions in Asia, Europe and America
But we have more than scale.
On the business side.
The most popular game "Legend" in China, the most popular game "Miracle MU" in South Korea, and "The King of Fighters" with many fans around the world are all under our umbrella.
Although the Chinese New Year is still more than a month away, based on past development trends, our Hongmeng Games revenue will exceed US$400 million for the whole of 2001. ”
The decisive words caused a slight commotion in the audience.
$400 million?
Sina’s current annual revenue is only about US$100 million.
“Our music business has more than 70 million registered users and is currently the world’s largest online music website.
Our other core business, Bing Search, is currently the largest online music website in the world. There are more than 83 million registered users, we have a search database of 1.5 billion, and daily users exceed 180 million.
Even among non-core portals, Naver, a subsidiary of Hongmeng, is the largest in South Korea, Xiangjiang, Wanwan, and the entire Southeast Asia region. Portal.
It currently has 56 million registered users and more than 21 million daily users.
Pangu Browser, developed by Hongmeng itself, currently has over 100 million daily users and more than 130 million registered users.
The Internet cafe management software developed by Hongmeng currently occupies more than 90% of the market in China and more than 70% of the market in Southeast Asia, and is developing rapidly in South Korea, Japan and other places.
There are many similar examples. "
After a pause to let everyone digest, Xu Liang continued.
"In comparison, Sina, which was established earlier than us, has a market value of no more than 200 million US dollars so far and cannot balance its revenue and expenditure.
So, the theme of our meeting today."
Xu Liang turned around and wrote four big characters on the blackboard behind him.
“Death of Sina!”
As soon as the theme came out, the audience inevitably became noisy, but it soon subsided.
"Someone may want to ask, since I am so unfavorable to Sina, why do I still want to acquire it?"
Xu Liang walked to the edge of the rostrum, held the lectern of the rostrum with one hand, and put the other hand in In his trouser pocket, under the white light, he was wearing a bright blue V-neck T-shirt and loose sweatpants, looking very casual overall.
The temperament is completely different from those company bosses in suits and ties. The whole person exudes sunshine and vitality.
“It’s actually very simple. If Sina still develops according to your previous strategy, then I am sure that it is not far from death. But if it comes into my hands, its value will explode tenfold and a hundredfold. "
After a pause, Xu Liang smiled.
"I know everyone thinks I'm bragging. But it doesn't matter. Today I will open my heart and talk to you."
(End of this chapter)