Reborn since 1993
Chapter 1430 Carrying the Banner
Chapter 1430 Carrying the Banner
Regardless, if Goldman Sachs gets involved, it could indeed change the Reynolds board's decision and save Ruyan e-cigarettes a lot of trouble.
Next, we just have to wait for Reynolds' decision. However, Ruyan Company won't give Reynolds much time.
If Reynolds fails to make a decision soon, then e-cigarettes like Ruyan will have to contact tobacco giants such as Lorillard.
In the following week, following 3721, Kingsoft and Jiangmin Technology, which came from the mainland, also completed their IPOs.
However, compared to the sensation caused when 3721 was launched, Jiangmin Technology and Kingsoft's influence was slightly less.
Jiangmin Technology completed its IPO with a valuation of nearly $100 million. After the IPO, its stock price rose, but it was only "mediocre" compared to 3721.
Wang Jiangmin is already content with this. Back then, he came to Yanjing all alone, dragging a leg that was lame due to polio.
Now that he has successfully listed his company in Hong Kong, Wang Jiangmin is already very content. Just look at Rising Antivirus next door; they're practically drooling with envy.
Kingsoft also completed its IPO. When the bell rang and Kingsoft's stock code appeared on the Hong Kong Stock Exchange, Qiu Bojun burst into tears, hugging Lei Jun and a group of Kingsoft employees and weeping bitterly.
This scene was captured on camera, and many media outlets in the port city were puzzled as to why the people from Jinshan reacted so strongly.
But this scene has become one of the classic moments of inland technology companies coming to the port city, and it may be recorded in history in the future.
Going public has been Kingsoft's long-cherished dream for years, and it could even be called a curse. It has failed to go public several times and even experienced bankruptcy.
Along this journey, Jinshan truly deserves the description of being constantly on the move...
"Mr. Li, I'll drink this one!"
"If it weren't for President Li's support these past few years, Kingsoft would probably have collapsed long ago!"
That evening, at the celebration banquet following Kingsoft's IPO, Qiu Bojun raised a glass of wine to Li Dongling, then downed it in one gulp.
Qiu Bojun's large cup of wine was quite substantial, which was enough to show how Qiu Bojun was feeling at that moment.
"This is what Kingsoft deserves!"
Li Dongling also raised his glass and took a sip, then said to Qiu Bojun, Lei Jun and other Kingsoft executives, "Congratulations to Kingsoft, you have finally achieved your goal!"
"From now on, Jinshan will be Dongke's people, whether we live or die. Wherever President Li tells us to go, Jinshan will have no objections!"
Qiu Bojun, who seemed to be slightly drunk, patted his chest and said to Li Dongling, showing an attitude that Jinshan would follow Dongke's lead.
But these "drunken words" were actually telling Lei Jun, who was about to take over as chairman of Kingsoft, the future survival strategy of Kingsoft!
"Kingsoft and Dongke are 'our own people,' they always have been, and they always will be!"
Li Dongling has supported Kingsoft over the years in order to make Kingsoft a supporter of Dongling High-Tech's software business, and to enable Kingsoft to cooperate with Dongling's software department in developing the software it needs.
In the future, Dongke will also need Kingsoft to continue to contribute, especially when Dongke is not convenient to act directly, in which case Kingsoft's various shell companies will be needed to go online.
As for Kingsoft, Li Dongling will still be useful in the future, or even be given important responsibilities. For example, he could be put to develop third-party mobile operating systems, or one year he could be put to develop computer systems to avenge Microsoft's past defeat. Of course, these are all things for the future and there is no need to rush them!
Only development by a third-party company can ensure fairness and impartiality.
Like a cunning rabbit with three burrows, if Dongke's mobile phone system is ever targeted overseas, it still has Kingsoft as a backup.
Using Kingsoft's alias to do these things might be more effective for Dongke, so Dongke definitely needs to protect Kingsoft.
"I believe in Kingsoft, and it will definitely become a flagship of domestic software in the future!"
Li Dongling raised his glass to the group from Kingsoft and drank it all in one gulp. Before leaving, he patted Lei Jun, the next head of Kingsoft, on the shoulder.
After Li Dongling left, Qiu Bojun clinked glasses with various people and then went to the banquet balcony with Lei Jun.
At this moment, Qiu Bojun's face reeked of alcohol, but his eyes were clear, and he was no longer drunk.
"Kingsoft will have to rely on you from now on!"
Qiu Bojun said to Lei Jun with a face full of emotion that he would continue to develop software for Kingsoft in the future, but the management power would be handed over to Lei Jun.
Judging from his performance over the years, Qiu Bojun knows that Lei Jun is more suitable to manage Kingsoft than he is. Kingsoft has reached a bottleneck under his leadership and it is difficult to make further progress.
The reason Kingsoft was able to go public this time is not because it is so popular on the Hong Kong Stock Exchange, but because the company it has partnered with is really powerful!
Backed by Dongke, Kingsoft, which had repeatedly failed in its attempts to go public, was actually helped by Dongke to get listed on the Hong Kong Stock Exchange.
But the future of Kingsoft, and what path it should take, was a difficult decision for Qiu Bojun, a problem that Lei Jun also needed to solve. "Brother Bojun, Kingsoft can't do without you..."
Faced with the heavy responsibility entrusted to him by Qiu Bojun, who was both his mentor and friend, Lei Jun was also somewhat moved.
Qiu Bojun's seemingly casual remark handed over Kingsoft, which had been listed with a valuation of $7500 million, to Lei Jun, who was just thirty years old this year.
Kingsoft's market capitalization is not as high as 3721 or Jiangmin Technology, but it is still close to HK$600 million. Becoming the head of Kingsoft has already made him one of the most influential figures in the domestic technology industry.
"I will not leave Kingsoft, but Kingsoft will enter the era of Lei Jun in the future!"
Qiu Bojun was quite open-minded. The listing of Kingsoft had already fulfilled Qiu Bojun's long-cherished wish. He no longer had much desire for fame and fortune. He could feel more at ease handing Kingsoft over to Lei Jun.
Standing at a distance in the banquet hall, watching Qiu Bojun and Lei Jun giving him instructions, Li Dongling took a sip of wine.
The current Kingsoft is in a completely different situation than the Kingsoft of the past. With the pre-installed software from Hasee and Founder computers, and the purchases from companies in the Dongke Group and Lingyun chain internet cafes, Kingsoft's WPS market share, although still crushed by Microsoft, is constantly rising.
In addition, Kingsoft has also invested in Hanxi IT Training Center, Xishanju Games, and received software orders from Dongke. Kingsoft is now thriving and is not just making a living by selling WPS.
With Lei Jun at the helm, Kingsoft's future is expected to be much better than in the previous life. Although it will still have to compete with Microsoft, at least the pressure will not be as great.
However, Li Dongling couldn't help but wonder how many years Lei Jun would stay in the position of Kingsoft's leader. Knowing Lei Jun's personality, Li Dongling knew that he would never stay at Kingsoft forever. It was just a matter of when he would leave.
What Lei Jun will do after leaving Kingsoft, and whether he will establish Xiaomi, remains to be seen...
"Senior Brother Li, you value Kingsoft highly?"
Zhou Hongyi approached Li Dongling and, following his gaze, saw Qiu Bojun and Lei Jun. She spoke with a hint of resentment.
Although Zhou Hongyi's girlfriend and Lei Jun's girlfriend are best friends, the two are fundamentally incompatible and can never see eye to eye. There's no real grudge between them, they just can't stand each other.
Zhou Hongyi didn't know why her senior from Xi'an Jiaotong University valued Kingsoft, whose market value was only a "small fraction" of 3721.
Kingsoft's current market value is indeed only a fraction of 3721's, while 3721's market value has been rising ever since its listing.
In particular, Zhou Hongyi, who will be returning to the mainland tomorrow with Lei Jun, Wang Jiangmin and others, claimed in an interview with the media today that she will launch the new 3721 feature after returning to Yanjing.
As soon as the news broke, 3721's market value surged again. There's a saying, though somewhat exaggerated, that applies to 3721, which has been heavily speculated on by institutions from mainland China, Hong Kong, Southeast Asia, and overseas: Now, even a fart from 3721 can be interpreted as good news by various institutions, causing the stock price to rise even further...
"Jinshan is different!"
Li Dongling smiled and said to Zhou Hongyi that the Dongke Group companies had different levels of closeness. In comparison, Zhou Hongyi was definitely closer to Dongke. Even the people from Kingsoft were not as close to Dongling Hi-Tech as Zhou Hongyi.
Upon seeing Zhou Hongyi, before he could say anything more, Li Dongling added, "3721 is different from Kingsoft; 3721 is the pride of Dongke!"
Upon hearing this, a smile finally appeared on Zhou Hongyi's face. Although they were all companies under the Dongke Group, only Kingsoft and a few others held a grudge against Zhou Hongyi.
Zhou Hongyi actually had a premonition that in the future, only a few companies like Kingsoft could influence 3721's position in the Dongke Group!
"Do you remember what I told you? 3721, you need to be prepared in advance!"
Li Dongling reiterated to Zhou Hongyi that 3721 and Kingsoft have completely different roles within Dongling High-Tech. Both are equally important to Li Dongling, and he doesn't think he's favoring one over the other. He hopes that both companies can carry the banner for Dongling High-Tech.
Upon hearing this, Zhou Hongyi immediately recalled what Li Dongling had mentioned to him before: that 3721 should have sufficient cash flow reserves after its listing.
Hearing Li Dongling mention it again, Zhou Hongyi knew that Li Dongling was definitely not joking!
Nodding solemnly, Zhou Hongyi said, "Don't worry, Senior Brother Li, 3721 will have sufficient cash flow reserves!"
……
According to the latest news, Bloomberg Weekly is planning to officially include Mr. Li Dongling, the founder of East Taiwan Science Park and advisor to Cyberport, in the list of the world's top ten richest people!
"Editor-in-Chief Tong, in Asia Weekly's opinion, to what extent is Li Dongling's net worth currently?"
When Li Dongling returned to the villa on the hillside, Ning Wenke was waiting for him. Xiao Keling had already been settled down to sleep, and Ning Wenke was lying on the sofa watching TV programs with great interest.
This program was launched by ATV and invited the editor-in-chief of Asia Weekly, as well as several financial and securities experts. Among them, Li Dashan, a prominent figure in Hong Kong, was of course an unavoidable topic.
Upon seeing Li Dongling return, Ning Wenke stood up and brought him a bowl of hangover soup, saying, "I made this myself!"
Li Dongling sipped his soup while watching the discussion on TV. Tong Lan, the woman on TV, was someone he had interviewed when he was still in Pingyang.
(End of this chapter)
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