I am the only one who practices magic: I practice magic in the city

Chapter 401 Joint Meeting (4172)

No. 38, Taiyindian South Street, Xinhao.

Even in such a hot day, Zhou Shuzi was still wearing a three-piece suit. It was because the air conditioning was turned on high enough, otherwise he would have suffered from heatstroke long ago.

Outside No. 38 was a closed military green business convoy, with security guards standing straight and meticulous. In front of the meeting room door stood two security-wearing young men with flat heads, thin bodies, sharp eyes, and taut muscles.

In the small conference room, dozens of people were standing densely, some were whispering, some were talking and laughing loudly, and it was obvious that almost everyone knew someone at the scene.

If you take a photo of these people, it will probably go viral on the Internet within half an hour.

Erma from Tengxun Ali, Lei Jun from Yinshan Rice, Daqiangzi from Godong, Wang Xing from Maituan, Zhang Yiming from Toutiao, Ding Lei from Zhuchang, Zhang Chaoyang from Sohu, Shen Nanpeng from Hongshan, Liang Jianzhang from Xiecheng, Qiu Hongyi from 720...

There are so many twenty or thirty people. If I hadn’t told you, just looking at the lineup, I would have thought that the Nanhu Internet Conference in November had been moved forward.

And basically all those who came were bosses. Apart from professional managers like Zhou Shuzi, it seemed that only Cai Chongxin was present.

It truly is half of the Internet in the Great Zhou Dynasty.

More than half.

If calculated based on the market value and valuation of these people and the companies they invest in, almost the entire country is here.

But it is understandable. After all, everyone wants to have a bite of the fat meat like Qianxun. Since the competent department invited them to determine the relief plan, there is no reason not to come.

Although the search market has changed, Qianxun’s assets are inherently valuable, and very valuable!
Especially in the upcoming AI era, Qianxun's data accumulation far exceeds that of any other Internet company. It can be said that whoever masters Qianxun will have the best data source for the domestic Internet!
Moreover, after so many years, Qianxun still ranks first in user recognition in the search market. After restoring access, it can reconstruct the search engine with an AI engine similar to Ysou and lay off more than 90% of Qianxun's employees. It is not impossible for it to compete with Ysou and return its market value to billion yuan.

After all, in the past, Qianxun’s stock price was undervalued due to its bad reputation and the capital market’s pessimism about its operating model.

At least those companies that were invited to attend the conference today are those that the higher-ups believe can help Qianxun’s predicament.

The value of this conference is much higher than that of the Nanhu Internet Conference with 3,000 people.

Fang Yu and Zhou Shuzi walked into the conference room one after another, and immediately more than a dozen pairs of eyes stared at them.

"Student Xiao Fang! Grant me!"

Seeing Fang Yu and Zhou Shuzi, Lei Jun came up to greet them with a smile, and took Fang Yu's arm: "You are such an enviable entrepreneur. You throw everything to our Shuzi. I think he has lost nearly ten pounds in the past few months, right?"

After that, Lei Jun patted Zhou Shuzi on the back and said, "This kid is too cruel in employing people. It's not fair. Just come back. I'll let Binzhi make room for you."

Zhao Binzhi is the new CFO of Da Mi and was also a veteran of Da Mi. After Zhou Shuzi left, Lei Jun promoted Zhao Binzhi to this position.

Zhou Shuzi greeted his old leader with a smile on his face.

"Mr. Ma just asked me if you were coming. I thought you would leave it to Shu Zi to deal with again this time." Lei Jun looked in the direction of the second Ma three meters away.

Fang Yu smiled and said, "Which Mr. Ma?"

Lei Jun hit the nail on the head: "The ugly one."

The two men spoke loudly, not thinking of backing others. Ma Yun, who was bragging to Shuai Ma and Da Qiangzi, heard them and came over without any courtesy: "Boss Lei, don't talk nonsense. I am the most handsome man in Da Zhou, certified by Weibo."

At the beginning of last year, a Weibo account held a vote for the most handsome man. As a result, Ma Yun won the title with a huge lead over the second place Wu Yanzu.

Fang Yu and Ma Yun had naturally met before. After Orange Big Model defeated AlphaGo, Ali was one of the first large companies to cooperate with Youzi Technology. Ma Yun even visited Youzi Technology three times and proposed to acquire Youzi Technology during that time. Of course, Fang Yu did not agree.

"Boss Ma has been in a high position for so long that he has lost touch with reality. He has the aura of a tyrant and even believes such slander. Brother Shuzi, you must remind me that if anyone in the company praises me like this in the future, I must get rid of him immediately."

Fang Yu first smiled and nodded to greet the quiet Shuai Ma who was three meters away, and then he smiled and shook hands with Ma Yun.

Hearing Fang Yu's teasing of Ma Yun, Zhou Shuzi shook his head and said jokingly, "That's difficult. If that happens, there won't be many people left in Youzi Technology and YSearch."

Damn! This is such a nice flattery!
Ma Yun and Lei Jun both burst into laughter: "Shuzi, it seems that Xiao Fang is reluctant to kill you."

After chatting and laughing for a while, Ma Yun started to find trouble again, looking up at Fang Yu: "By the way, I heard Huang Jian's report a few days ago, saying that our middle platform was successful thanks to our cooperation with you; but our middle platform is not good enough, also because of the cooperation with you, you didn't use the best things on us." (This sentence is too much like Ma Yun, give myself a thumbs up)
Huang Jian was the former CTO of Ali and the father of Ali Cloud. He is an expert among experts in architecture and big data, and a technical leader. After stepping down as CTO at the beginning of the year, he is still a member of the Ali Technical Committee.

Hua Zecheng of Youzi Technology was once a student of Huang Jian and was almost pulled into Ali by Huang Jian.

Yuzu Technology did not use the best large model in the Ali middle platform. The performance is not even as good as the publicly released Orange 2.5P. It is only slightly better than the open source 1.99, and has made certain adjustments to meet Ali's needs.

But this is not because they don't want to give it to Ahri, but rather the result of internal struggle and compromise among Ahri.

Originally, the large model solution that Youzi Technology developed for Ali's middle platform was more efficient, but later several executives of Ali who were responsible for review and acceptance found fault with it and refused to accept it.

Finally, after private communication between the employees of Youzi Technology and the employees of Ali, they discovered that these executives felt that the large model was too powerful and excessively eroded their power, so they refused to approve it.

In the end, Youzi Technology had to reduce performance and cancel several functional modules before it successfully received the final payment.

Fang Yu smiled. Of course he couldn't sell out Ali's senior management. Who would do business with him then?

"Mr. Ma, for a company as big as Ali, the first thing they pursue is risk control, not efficiency. I would like to use you as an experiment and give you the best large model, but your technical team is a bit too responsible and has proposed dozens of risk items. Until now, they are still giving feedback to our project team every day, which makes our project team very upset."

"I say your people are too workaholics, they stay up all day practicing Taoism. They send emails at 2 a.m., and when they see that a guy in our group still hasn't read it at 3 a.m., they keep Ding-ing him. I tell you, if you keep going like this, no one in our company will work for you."

“However, you are also making large models yourselves. I estimate that my supplier qualification will be kicked out soon. I have to take advantage of this period of time to ask you for more service fees.” Sure enough, Ma Yun was very happy to hear that his employees did not only work 996 every day. Just when he was about to brag about his management philosophy to educate the young entrepreneurs, he heard hurried footsteps coming from outside.

Several middle-aged men in dark suits walked in, looking grim and silent. They didn't greet anyone, but just glanced around quickly, apparently doing a final on-site confirmation.

The chatter and laughter in the venue gradually died down, and several middle-aged men in dark suits reminded everyone to take their seats. These Internet tycoons who were so influential outside all looked at each other and sat on the folding chairs behind their table signs.

Fang Yu's position was right in the middle of the row behind the ugly horse and the handsome horse.

Ma Yun swiped his phone and turned around casually: "Boss Fang, have you heard? I heard that today's meeting is not going to be easy. The boss is not here to hold a meeting, but to make a decision. If that's the case... this time, we may not be here to discuss cooperation, but to accept a task."

Fang Yu laughed and said, "If the sky falls, we have two tall men like Mr. Ma to hold it up. At worst, we still have Maituan and Toutiao. What is there to be afraid of for a small company like us?"

Ma Yun cursed the boy in his heart for being cunning. He looked at Fang Yu, who was a head taller than him even when he was sitting, and felt uncomfortable listening to Fang Yu's words.

Is this guy mocking me?

Not long after, several middle-aged and elderly people in their fifties and sixties wearing short-sleeved shirts entered the conference room one after another and sat down in front of the large oval conference table that could accommodate more than twenty people.

Hiss~The specifications now do seem to be quite high.

Qiao Situ, the Winter Palace, Wang Fujun, the Yian Palace, Zhang Siqing, the Imperial Palace, and the Beisi Zhang of the Pingzhuan Palace…

Basically, I can call out their names as soon as I see their faces.

Several staff members began to distribute a document to each person, and reminded them in a low voice not to look at it in advance.

The cover of the document reads "Qianxun Company Market Risk Assessment and Relief Plan Research Report"

"Thank you very much for taking the time to attend this meeting. I think you all know each other, so I won't introduce you to each other."

After the documents were distributed, Qiao Situ in the middle knocked on the microphone to make sure there was a sound, then he coughed and made an opening remark.

"I believe everyone knows why we are holding this meeting. The current situation of Qianxun Company is not only Qianxun's own problem, but also a common crisis for all Internet companies in Dazhou."

"We asked all the entrepreneurs to come here this time to find the best solution to the market crisis. We need everyone to brainstorm and come up with feasible market stabilization and asset restructuring plans to restore market order as soon as possible and minimize the negative impact on Da Zhou caused by this incident."

As soon as Qiao Situ said a few words, the expressions of the Internet giants at the scene changed slightly, and their attention was obviously more focused.

Come on, let’s see what the rules are and how to get this piece of fat meat!

Every big boss who felt that he was qualified to have a piece of the pie could not help but lean forward and concentrate.

Only Zhang Chaoyang from Sohu looked at this and that, with a look of disinterest.

"Market problems should mainly be solved by the market. Qianxun's situation is somewhat special. As a near-monopolistic search engine company in China, it is suddenly faced with such a dilemma. If it is not handled properly, it may cause irreparable losses to Da Zhou."

"Especially in terms of data security, we will not allow our core data to be lost due to problems with Qianxun. This is a major premise."

"Your responsibility is to solve the problem, and our responsibility is to monitor and manage how you solve the problem in a safe manner."

"The normal operation of the market depends on a stable supply of data and services. As a core domestic Internet infrastructure, the long-term suspension of Qianxun will not only lead to a service gap, but is also likely to trigger systemic risks in the capital market and affect foreign capital's confidence in the Dazhou market."

"In addition, Qianxun's position as a node in the international data chain also makes this crisis have serious international impact. We must not allow the crisis to continue to expand and lead to unnecessary regulatory and foreign affairs pressure."

Qiao Situ paused for a moment and looked around at the faces of everyone present. There was almost no sound other than breathing.

Fang Yu was sitting behind Erma and couldn't see Erma's expression, but he could see the thoughtful look on Wang Xing's face opposite him.

The other entrepreneurs also did not make any noise, except for the occasional sound of their clothes rubbing against the chairs when they changed their sitting positions.

"Mr. Wang, you are the responsible authority, please tell us the details." Qiao Situ nodded, picked up the teacup on the table and took a sip.

Wang Fujun nodded seriously, took off his glasses, reached out to pick up the document in front of him and flipped through it, then put his glasses back on.

"Today, there are 22 companies attending the meeting, including 17 Internet companies and 5 investment institutions that are relatively active in the domestic high-tech investment market."

"After three days of investigation, we can basically confirm that Qianxun can no longer survive this crisis on its own. The specific situation is in the report in front of you. You can take a look."

When everyone heard that they could finally read the report, they couldn't wait to read it.

Hiss~ Robert Lee is so evil. More than half of the company's cash flow has been transferred away. Just looking at the debts and receivables, the company will soon be insolvent.

But Internet companies cannot just look at these things, they also have to see whether the business can run normally. If it can, they will not lose money!
I don’t know what exactly is wrong with Chihiro, but as long as it is a problem, there must be a way to solve it. All we lack is time.

Now that Qianxun has fallen, she can change her boss, clear her reputation, and maybe even be reborn.

Cash flow is indeed a problem. Another question is that even if Qianxun is reborn, can she defeat Ysou?

In addition, if you want to acquire Qianxun, how much money will it cost? What is the total cost? Is there a more cost-saving solution?
"Based on the survey results, we believe that the only solution to Qianxun's current predicament is merger and reorganization, with a strong company taking over all of Qianxun's debts and restoring it to operation in the shortest possible time."

"But we also believe that Qianxun, as the Internet infrastructure of the Great Zhou Dynasty, should not be blindly acquired in the spirit of being responsible to the people and enterprises. Enterprises interested in participating in the acquisition must pass the qualification review of Yi'an Prefecture, Taifu Temple and Dongguan Commercial Affairs Bureau. The review standards are on page 7 of the report."

(End of this chapter)