Media Tycoon since 1999

Chapter 405 What kind of sleazy operation is this?

On August 8, Gao Yang convened the board of directors again. This time it was a simple board of directors, with all directors participating. For example, Boss Feng, who represents CPI as a director of the company, participated in the meeting through video in Shudu.

Gao Yang first introduced the sale of the 51 Guardian desktop business, which has completed business negotiations, with a revenue of 9000 million U.S. dollars, and plans to hold a press conference with Qihu Technology on September 9.

Then, Gao Yang said again: "Dear directors, we have called a meeting today, and there is another important agenda. The group originally planned to start the investment and construction of the headquarters building early next year. Now that the transfer of the majority stake in the 51 Guardian desktop business has been completed, the construction of the headquarters building can be completed." Site selection started in advance.

Our preferred address is to choose Shangdi Development Zone, which is close to the North Fifth Ring Road. Although it is a bit far from the main city, there are many large technology-based companies concentrated in that area.

My suggestion is, taking advantage of the low land price and low project cost, consider acquiring about 600 acres of land, planning to build a headquarters building and a joint research institute with a floor area of ​​30 square meters, and then consider building a building that can accommodate about 3000 people. staff dorm.

This project is planned as 51 Science and Technology Industrial Park..."

Feng Jinsong, who seldom participates in the board of directors, and even less speaks, said in shock in the video: "Gao Yang, the investment of 10 billion won't be enough for such a big project in Beijing, right?"

Gao Yang said with a smile: "Mr. Feng, today is just the first time to propose a motion to hold a preliminary discussion with the board of directors. The specific project budget will only be known after evaluation. I estimate that the overall budget will exceed 15 billion, or even more."

Wu Bo was surprised and said: "Gao Yang, the investment is too big. Can the company's cash flow withstand it? The transfer proceeds of 51 Guardians are only in the early 7 million."

Gao Yang said: "Mr. Wu, we don't need to use the investment income from 51 Guards. I plan to use this fund mainly for overseas investment. In about two years, I expect to get a very good return.

In addition, some directors do not know the current investment income of each project company in the A-share market. I will give you a rough account. At present, the total floating profit of the A-share investment accounts of each company is about 6 million, and it is expected to at least double next year.

In addition, this year, Sunshine is the main company, including all other Internet platforms. The total revenue of the group is expected to reach about 8 million, of which Sunlight's revenue is expected to reach about 4 million.

In 2007, the group's total revenue is expected to exceed 15 billion. With the development of 51pay users, our Internet business is expected to have a substantial increase in cash flow.

The start-up funds for the construction of the 51 Science and Technology Park are still considered to be raised through bank loans. This year, a loan of 6 million yuan is considered to start the construction of this project.

In short, we will not have any problems with our cash flow, and I can assure you of this.

Now that the construction of the 51 Science and Technology Park is started ahead of schedule, the construction investment of 15 billion or even 20 billion can also offset a lot of profits in taxation, which is very cost-effective in terms of financial management.

Starting from next year, each of our Internet projects will usher in the expiration of the three-year preferential taxation period. In the next few years, the investment and construction costs of 3 Science and Technology Park will be amortized financially, and a lot of operating profits can also be deducted.

From the perspective of the company's long-term development, the construction of the headquarters building and the science and technology park is in place at one time, and the overall cost of the project is also quite cost-effective.

The current investment is 15 billion or 20 billion. In a few years, perhaps the entire project cost plus the land price will cost more than 40 billion.

Don't forget, the Olympic Games will be held in 08. Last year, housing prices in the capital rose by more than 20%. This year's market has risen by about 15% year-on-year.

The sooner the 51 Science and Technology Park starts construction, the lower our investment cost will be..."

After Gao Yang's explanation, Wu Ruohan took the lead to stand up and support: "Dear directors, don't worry, Mr. Gao never makes uncertain decisions.

Before, the real asset-liability ratio of 51 Group was very low, and now with the bank loan of 6 million yuan, it is not high.

From the perspective of financial processing, starting the investment in the headquarters building early will be very beneficial to us in adjusting our profits..."

Wu Ruohan explained the necessity of Gaoyang's plan to use bank loans to start the construction of the headquarters building from the perspective of finance and accounting, and reminded everyone that as a shareholder of 51 Group, you should take a long-term view. When the first listed company appears in 51 Group, This is the beginning of everyone's real wealth.

In the eyes of some directors, although Gao Yang's overturning the arrangement felt a bit manipulative, he finally expressed his support.

First, with a headquarters building, the image of 51 Group in the industry will be greatly improved.

Secondly, everyone couldn't stop the decision Gao Yang wanted to promote. In the board of directors, more people were die-hard fans of Gao Yang.

On September 9th, the press conference jointly held by 8 Guardians and Qihu Technology was held at the World Trade Hotel. This time, more than 51 mainstream media from across the country were invited.

Qihu Technology wants to use this press conference to build momentum for itself, and 51 Guardians' transfer of desktop-level anti-virus services with more than 5000 million users has also become a hot news.

For more than a year, 51Guard has used the free model to almost wipe out the opponents in the entire antivirus software market by itself.

Turning around, and then sold the company's core desktop business, and the valuation was as high as 2 million US dollars.

In the eyes of media reporters, this is undoubtedly a show operation.

This also proves that in the Internet industry, free is the most expensive, and the development speed of the free model is terrible, sweeping away thousands of troops.

Zou Hongwei is the protagonist of the press conference today. He gave a speech on the stage, talking about the future development prospects of Qihu Technology, and at the same time promoting the 369 safe browser.

Together with the famous 51 guards, 369 Safe Browser will naturally spread rapidly through more than 200 mainstream media invited today.

Today's large-scale press conference cost millions of dollars. In the next two days, media reporters will be arranged to visit the Bashang Grassland.

Qihu Technology will bear 60% of the million promotion expenses.

After Qihu Technology takes over the operation of 51 Guards, it will change its name to 369 Security Guards. Zou Hongwei must also spread the news through these media scattered all over the country.

Zou Hongwei and Chang Dong, on behalf of Qihu Technology, spoke a PPT for more than an hour, and made a lot of rhetoric.

During the reporter's questioning time, an IT reporter asked first:
"I am a user of 51Guard myself, and the experience is very good. The functions of virus protection, antivirus, computer cleaning, and online patches are very useful.

Now, 51 Guards has transferred the desktop service to Qihu Technology as a whole, and will change its name to 369 Security Guards.

I would like to ask Mr. Liu of 51 Guards, and Mr. Zou of Qihu Technology. After changing the name and surname of 51 Guards, is there any risk of user loss or the possibility of a decline in product and service levels? "

(End of this chapter)