Chapter 597 The Rapid Development of Hongmeng
Xu Liang hung up the phone and raised his eyebrows.
I always felt that Jiang Xiaoyang was hiding something from him.
Ding dong…….
A beep sounded on the computer. Xu Liang opened the mailbox and looked at it. He was shocked and quickly opened it.
It was Hongmeng’s 2003 financial report sent by Xie Wen.
Excluding the newly acquired Universal Entertainment assets that have not yet been integrated, in 2003, Hongmeng Company generated net revenue of 54.7 billion Chinese dollars, and net profit exceeded 11.2 billion Chinese dollars, a year-on-year increase of 321 billion %.
Currently, it has 11 subsidiaries in China, South Korea, Japan, Central and South China, Nanyang, the Middle East, Germany, France, North America, Europe and South America, basically building a global business network.
Although companies in South America and the Middle East have just been established and have very weak business foundations, they can still be regarded as Internet companies that span the world.
Its seven major business segments.
First, in the Internet search business, Bing has 250 million registered users, 319,000 corporate users, 2.99 billion index databases, and 628 million daily users worldwide.
There are 850,000 encyclopedia items, 1.49 billion known items, 29.89 million pictures, and 3.23 million books.
Occupying 53% of the global search market, it is the world's largest Internet search company.
Second, in the field of pan-entertainment, with the explosion of "Warcraft 3" and the popularity of games such as "Legend" and "The King of Fighters", Hongmeng Games' revenue has surpassed Nintendo, making it the world's largest gaming company.
Universal Music, the world's largest music company, manages the lyrics and music copyright library of more than 3.8 million songs globally, occupying nearly 30% of the global music market.
Universal Pictures is the third largest film studio in the world after Warner Bros. and Disney (in terms of box office for the year), with a huge film library of more than 4,000 films.
Universal Studios, the only theme park brand in the world comparable to Disney, has four branches in Los Angeles, Florida, Osaka and Singapore.
Now in the entire pan-entertainment field, the only area where Hongmeng is still weak is comics, novels and animations.
However, Xu Liang is not planning to move in the short term. It will take a lot of time to digest the assets of Universal Entertainment.
Third, in terms of Internet cafe business, Hongmeng currently has 1,629 large-scale Internet cafes with more than one million computers in Zhongnan, Xiangjiang and Nanyang. The number of Internet cafes authorized by the brand and providing post-service services has exceeded 5,000.
Hongmeng's Internet cafe business accounts for more than 60% of the entire Southeast Asian market, which has effectively promoted the development of Hongmeng's other businesses in the Southeast Asian and South Asian markets.
Fourth, in terms of portal website business, Hongmeng’s Sina website currently has 120 million registered users in China, Southeast Asia and other places, with 230 million daily active users.
The sports, forums, games and other sub-businesses under the website are developing well.
Fifth, in terms of e-commerce business, Hongmeng mainly focuses on B2C business, which is divided into three parts: online, offline and logistics.
At present, Hongmeng has invested nearly 1.5 billion US dollars in logistics to build eight first-level logistics centers, 37 second-level logistics centers, and more than 3,000 logistics distribution points across the country, weaving a network that can cover the entire country. Logistics and distribution networks in major provinces and cities.
It is the largest logistics company in the country, strongly supporting the development of online shopping.
‘No. 1 Store’ has registered users exceeding 12.43 million and revenue exceeding 2 billion Hua Xia Yuan.
Yihaodian has more than 219 offline retail stores and generated a net revenue of 540 million in 2003.
Sixth, Kingsoft’s main software business is WPS series software, Kingsoft Internet Security, Kingsoft PowerWord, Hongmeng Internet Cafe Management Software, and Hongmeng Pinyin Input Method.
According to Xu Liang’s request, Lei Jun reformed all software so that basic functions are free and advanced functions are charged.
So far, the market has not been cultivated, and most of them are losing money.
Seventh, the big data and cloud computing business is dominated by Pangu Company. After more than a year of research and development, Pangu Company launched the first database software based on ‘Pangu Architecture’.
The company is currently expanding its data center and providing big data and cloud computing services to the outside world. Although there are not many customers and there is no positive profit, the foundation has been laid.
The next step is to continuously develop and update the database software to attract more customers.
In addition to these seven major businesses, within the Hongmeng Research Institute, there is also the core black technology of the Hongmeng mobile phone system that is under development.
There is also Hongmeng Pay, a business that is constantly developing and is not yet attracting much attention.
In general, Hongmeng has developed very well and its foundation has been basically solid.
From now on, I will live by these seven businesses.
Of course, before entering the mobile era, the Internet cafe business will definitely be eliminated.
With various thoughts running through his mind, Xu Liang opened the second half of the report.
Here is Hongmeng’s development plan for 2004.
Xu Liang took a closer look and found that if there was any big move, it would be the acquisition of Osaka Universal Studios and the planning of the construction application for the two major movie theaters in Magic City and Beijing.
If you can’t win them all, try to win the Magic City.
Other than these, Hongmeng basically has no big plans in 2004.
After thinking for a while, Xu Liang printed out the financial report and read it carefully.
Compare the various Hongmeng data you know and consider whether there is anything that needs to be modified.
After a long time, I threw the financial report into the shredder.
Universal Studios is big enough, and with the integration of Universal Entertainment and the development of seven major business sectors, it will be busy enough.
Let’s settle down for two years first.
The third day soon came. Sun Mingzhen carefully smoothed every wrinkle on his suit.
Two steps back to realize for a moment, with a smile on his face.
“Oppa, you are so handsome!”
Smiled slightly, “Aren’t you going to the company today?”
“I will accompany Yizhen to the hospital to treat McDull and MaiMai. Get vaccinated and go to the company in the afternoon.”
Xu Liang understood that before a child is one year old, there is an intensive period of vaccination, which is basically once or twice a month. Not counting the free ones, only paid vaccines cost nearly 10,000 yuan a year.
"Call me if you need anything."
"Yes."
Kissed her forehead, then went to the nursery to see the two sons, and said goodbye to Son Yejin Finally, he turned around and went downstairs.
Meet Lu Hui and Huo Gang and drive to Merrill Lynch's office in South Korea.
"Hello, Mr. Xu."
Seeing him get out of the car, the person in charge of the reception hurriedly greeted him.
“Hello, are the people from the government and the Exchange Bank here?”
“The third minister of authority of South Korea’s Planning and Finance Ministry, as well as Mr. Robertson from the Exchange Bank of South Korea, have all arrived.”< br>
“I’m the only one missing?”
"Yes."
Xu Liang nodded and walked inside.
After entering the building, I quickly boarded the elevator waiting here.
In the 1990s, Merrill Lynch was the largest investment bank on Wall Street, ranking above Morgan Stanley, Goldman Sachs, Lehman Brothers and Bear Stearns in terms of influence and financial resources.
It did not begin to decline until the late 1990s, and is now slightly behind Morgan Stanley.
But hundreds of years of accumulation have given it unparalleled influence in the global capital community.
Although it is just an office in South Korea, the office area is nearly thousands of square meters, almost twice that of Hongmeng.
The office conditions are luxurious and enviable.
So, the location of this negotiation is also placed here.
When I arrived at the conference room and opened the door, everyone in the room looked over.
In just one year, Xu Liang's status has undergone earth-shaking changes.
In particular, Hanhua, Qinglong Private Equity Fund and Pacific Hedge Fund have a combined net income of nearly 50 billion US dollars, a net profit of more than 30 billion US dollars, and a net return rate of nearly 1,000%.
Hanhua has become the most influential financial giant in the world.
Xu Liang, the boss of Hanhua and the manipulator behind Qinglong Private Equity Fund and Pacific Hedge Fund, is known as the ‘Golden Caesar’ throughout the world!
If it’s just finance, that’s it.
Hongmeng spent tens of billions of dollars to acquire Universal Entertainment assets, causing a sensation in the global business community.
It has once again brought the world's largest Internet giant, valued at over US$50 billion, into the eyes of more and more people.
Financial tycoon + business tycoon, one plus one is greater than two.
Xu Liang, who has been in business for four years, has truly become a world-class rich man, on the same level as Gates, Buffett, and Carl Albachet.
And because of his experience of rising like a comet in a short period of time, he is even more legendary and topical.
Therefore, more and more people are curious about what kind of person this big man is?
Xu Liang also received looks that were mixed with respect, curiosity, and admiration.
“Mr. Xu.”
Lazar Browning hurriedly greeted him.
As the intermediary in this negotiation, he should be the lubricant for communication between the two parties.
After Xu Liang nodded, he looked at the two middle-aged men, one yellow and one white, who took the initiative to greet them.
Noting his eyes, Browning said quickly.
"Let me introduce."
Pointing to a middle-aged white man.
“This is Mr. Behenan Robertson, CEO of the Exchange Bank of South Korea.”
The latter reached out on his own initiative.
(End of this chapter)