Reborn since 1993

Chapter 1400 Like oil being poured on a raging fire, or flowers being adorned in brocade

While preparing milk for Xiao Keling using a three-in-one sterilizer, milk shaker, and formula machine that he had brought from the inland, Li Dongling glanced at the television for a few moments.

The three-in-one machine developed by Dongxin Company, specifically designed for families with infants, is now in production.

The product was promoted through Focus Media's TV shopping platform, but its sales in mainland China were not particularly impressive because, priced at 1299 yuan, these "lazy person's gadgets" did not yet have the potential to become popular in the domestic market.

Many families still advocate doing things themselves, but sales are only so-so in the domestic market. However, sales surge after arriving in port cities and going overseas.

In places like port cities, where labor costs are too high, many young families cannot afford to hire a nanny. Buying this machine is much cheaper than hiring a nanny, and you can get a better rest at night.

Therefore, this 3-in-1 sterilizer and milk maker received orders for over 1,200 units as soon as the advertisement went live on the TV shopping channel, a collaboration between TVB and Focus Media in Hong Kong.

Orders have surged in countries like South Korea and Japan. Dongxin Company plans to bring this baby formula maker, along with an electric rocking chair, to overseas markets like Europe through Wanjia Appliances!

These two products alone are expected to bring Dongxin Company a large amount of revenue and profit this year, allowing Dongxin's senior executives and technical department to receive a generous year-end bonus.

Li Dongling fed the prepared milk to the little girl before sitting down at the dining table. At that moment, the Hong Kong TV station was still reporting on internet news.

"Sources have revealed that 3721's application for listing on the Hong Kong Stock Exchange will be approved this week, setting a new record for the fastest listing approval on the Hong Kong Stock Exchange!"

"Currently, 3721's valuation has surpassed that of many mainland red-chip stocks listed in Hong Kong, such as Founder Group, and is second only to companies like China Telecom, CITIC Pacific, and LinkInfo, making it one of the top ten mainland concept stocks with the highest market capitalization listed in Hong Kong!"

"Furthermore, there are reports that China.com has completed its final round of financing, and the amount raised may set a new global internet record."

"Several securities institutions in Hong Kong are optimistic about the listing of 3721. Some analysts believe that the subscription of 3721 shares may also set a new record in the history of Hong Kong stock subscriptions!"

Then came several more news reports, but out of ten, almost seven or eight were related to the internet.

Watching the news reports on TV, Ning Wenke, sitting at the dining table, could clearly feel the changes taking place in Hong Kong. In the past, Hong Kong was most concerned with real estate, stocks, and at the very least, the exchange rate between the Hong Kong dollar and the US dollar.

But now, these topics appearing in the news have decreased significantly, while they are becoming increasingly popular on the internet.

"Is the internet age truly about to arrive in the port city?"

Ning Wenke, who had prepared a bowl of complementary food for Xiao Keling, couldn't help but ask Li Dongling, who was taking care of his daughter, with a bit of curiosity.

The Hong Kong media are flooded with reports about the internet age, along with various internet-related predictions, claiming that everyone in Hong Kong will be affected by the internet.

Media coverage, naturally, tends to exaggerate. In their words, if you don't embrace the internet and learn about it, you'll be left behind by the times…

Ning's Trading mainly deals with traditional sales channels. Although Ning Wen is not worried that the Ning family will be eliminated by the Internet, it does arouse her curiosity.

The philanthropist Li watched with considerable satisfaction as the little girl, sitting in the electric rocking chair, gulped down a pot of milk.

Putting everything else aside, Xiao Keling is absolutely worry-free when it comes to eating. Whether it's milk or complementary food, the little one doesn't waste a single drop. In this respect, Li Dashanren feels that his little cotton-padded jacket is simply the cotton-padded jacket of his dreams.

Hearing Ning Wenke's words, Li Dongling looked up at the TV, thought for a moment, and then said to Ning Wenke, "The trend of the Internet has been rolling forward since the very beginning, and no one can stop it."

However, expecting the internet trend to materialize tomorrow is simply impossible, but ten or twenty years from now, the internet age will definitely be upon us.

Ning Wenke listened thoughtfully, then looked up at Li Dongling and asked, "Will Ning's Trading Company also be affected?"

Li Dongling did not answer directly, but nodded slightly. Ning's Trading Company would definitely be affected as well.

However, Ning's Trading Company doesn't need to worry too much. It has invested in Cyberport and Wanjia Appliance City, and has also obtained brand agency rights for a number of mainland brands, including Shenzhou, Gree, and Haier, in the port city and Southeast Asia.

When domestic electrical appliance and home appliance brands go global, the first company they turn to is Ning's Trading Company. With these agency rights, they can enjoy the benefits for decades without any problem.

As for the Internet era, Ning's Trading Company definitely needs to transform and do more, such as helping overseas brands with publicity, promotion, after-sales service, and even operating overseas accounts on Internet platforms.

There's a lot we can do. As long as we don't become complacent and stagnant, we'll definitely not starve!
Li Dongling took a bite of breakfast, picked up a newspaper from beside him. It was the Oriental Daily, and the cover featured the famous scene of Zhou Hongyi spreading her arms and being bathed in champagne rain.

Oriental Daily News also devoted a large portion of its coverage to news about 3721 Company today.

Compared to the television briefing, the newspapers reported much more, including that Zhou Hongyi had become the first internet billionaire in Zhongguancun.

In addition, numerous investment institutions, foundations, wealthy families, celebrities, and stars from Hong Kong will also participate in the subscription of 3721 shares. Besides Oriental Daily News, Li Dongling then looked through several Apple Daily, Ming Pao, Sing Tao Daily, and Hong Kong Economic Journal, all of which featured extensive coverage of internet news.

These reports included both praise and skepticism, claiming that the internet was a scam and that 3721's listing in Hong Kong was just a way to fleece investors.

Regardless of the attitude towards 3721, 3721 has swept through the entire port city with a top-tier presence!
……

"Yahoo! China's subsidiary website 3721 will be listed in Hong Kong, with a valuation exceeding 64 billion RMB!"

"Zhou Hongyi, founder of 3721, has a net worth exceeding 236 million RMB!"

"3721 Company announced a company-wide bonus program. If the IPO is successful, 3721 employees will receive an average of $224,000!"

"3721 announced the establishment of its headquarters in Hong Kong and will recruit 30 senior internet technology talents from the mainland to work in Hong Kong. The workplace will be located in the Hong Kong Cyberport Global Technology Center."

The monthly salary is 25,000 RMB, with corresponding insurance provided by Company 3721, as well as meal allowance, housing allowance, transportation allowance, etc. There is a family visit leave every three months, with travel expenses borne by Company 3721 and corresponding family visit allowance provided…”

Yanjing, Zhongguancun, and China.com were the first to break the news about 3721, along with Zhou Hongyi's famous champagne rain scene.

When China.com reported the news, the entire Zhongguancun area instantly exploded, with 3721 and Zhou Hongyi becoming the center of discussion throughout Zhongguancun.

Dozens of comments appeared instantly in the comments section below the report on China.com.

The internet can make you rich, that's been a rumor lately. But when the rumor actually becomes a reality, a lousy website, which is just a website directory, is actually worth 64 billion RMB?

At that time in Yanjing, how much was the salary of an ordinary employee? A typical state-owned factory could make tens of millions in profit, which was considered good. But a website was equivalent to hundreds of state-owned factories.
What's even more stimulating for Zhongguancun's internet companies is that Zhou Hongyi has transformed into Zhongguancun's youngest billionaire!
The programmers at the internet company were even more enraged. 3721 currently has a total of 107 employees, including logistics staff, drivers, and cleaners.

Although 3721 plans to distribute 3% of its equity to all employees, it's impossible for everyone to receive stock options equally. However, everyone will definitely receive some, even drivers and cleaners. They will at least receive a stock option bonus, which could be equivalent to more than ten years' total income for an average dual-income family in Beijing!

3721 also plans to set up an office in Hong Kong and recruit technical personnel from Zhongguancun. The starting salary is 25,000 RMB. This salary is the standard salary for technical personnel in Hong Kong, but in Beijing, it is higher than the salary of foreign companies, not to mention that insurance and other benefits are provided, as well as meal allowances and accommodation.

3721's move sent shockwaves through Zhongguancun, showcasing for the first time the dramatic rise of an internet company after its IPO to the entire village.

……

"I received 100,000 shares of 3721 stock options!"

Later, employees of 3721 appeared on Tianya Forum and revealed some inside information: "The stock option rewards of 3721 are determined according to the position and the length of service, with management and the technical department receiving the most."

I joined 3721 four months ago, and this is all the stock option rewards I can get. Our department head was transferred from Tianya Company to support us before 3721 even started, and he's been here ever since. He's received 950,000 stock options, and this wave of rewards will probably net him 13 million Hong Kong dollars. He's already achieved financial freedom!

"The cleaning lady also received 8888 stock options because she went through the onboarding process!"

When this employee of 3721 revealed that the cleaning lady also received 8888 stock options, equivalent to HK$124,000, the Tianya forum completely lost its composure.

"Damn it, is it too late for me to join 3721 now?"

"Does your company give stock options to pet dogs?"

"Are you people in Zhongguancun so tight-lipped that you don't reveal a single word?"

"That's bullshit that Zhongguancun has an average income of one million yuan per person. That's just luck that they hit the 3721 bus. The internet company I work for only makes five thousand yuan a month. Who knows when they'll be able to go public?"

Hundreds of replies appeared under this post, all expressing envy to the point of near plasmolysis.

"By the way, the company is processing the formalities for us. When 3721 goes public, everyone except those in the technical department will have to go to the port city to participate in the listing ceremony."

The company plans to give each of us HK$10,000 in travel expenses!

After posting this last message, the person also went offline, but the commotion caused on Tianya Forum and in Zhongguancun has not subsided.

Rumors of internet-based get-rich-quick schemes have begun to emerge in Zhongguancun!

　One extra chapter added, one chapter still owed.

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(End of this chapter)