What's wrong with me being a rich man?

Chapter 600 Praise (5k)

"Mr. Liu, will you be back for the meeting?"

As Lingang prepares for its annual Internet conference, Yu Xing recalls Liu Chiping, who is currently managing MusVid, and after a phone call with him about the overseas market, he sends his inquiry.

There was a noticeable pause in Liu Chiping's voice on the phone: "Me?"

He hesitated and said, "I think I'll pass."

Liu Chiping had attended many meetings in the past, so he wasn't surprised by this. Now that he was in charge of overseas markets, there seemed to be no need for him to return to China to discuss these matters.

Yu Xing asked, "Still can't let go? Pony has already let go."

"Mr. Yu, could you please not bring this up?" Liu Chiping said helplessly, then added, "If he had let it go, he wouldn't have engaged in non-compete agreements."

Yu Xing spoke up for him: "Pony was definitely forced into it. When a company gets big, it's inevitable that you have to consider other people's opinions. Don't blame him."

Liu Chiping said quietly, "I don't resent him, but I resent you a little now."

“Ahem.” Yu Xing stopped there. “President Liu, it’s up to you. What I mean is that Lingang will always be your… haven. We have nothing to hide. MusVid has already achieved quite a lot.”

In particular, it also has the added benefit of being part of "overseas markets".

Liu Chiping understood what President Yu meant; Lingang was... a new harbor. But going back and meeting his colleagues would feel a bit awkward.

He hesitated even after hanging up the phone, but ultimately decided to learn from President Yu that it's okay to be a little thick-skinned.

Furthermore, the fact that Lingang was chosen as the venue for this year's Internet Conference is naturally due to the existence of carbon silicon data, and products like MusVid that can expand overseas are an important part of that halo effect.

Personally, I don't really want to go.

Logically, the person in charge of MusVid should be present.

Having made his decision, Liu Chiping thought about it again and even felt that President Yu wanted to see his reaction.

He sent his decision via text message and then began to consider what he would say at the meeting.

Yu Xing was quite pleased that Liu Chiping was willing to return to China to attend the conference. He didn't think too much about it; the nature of the conference was such that, as the host, Carbon Silicon Data naturally had to do its best to make the event a success.

With Liu Chiping appointed as the representative of MusVid, Sohu's CEO Zhang Chaoyang soon arrived in Lingang.

Zhang Chaoyang attaches great importance to the cooperation between Sohu Video and Douyin, hoping to use it as a fulcrum to leverage the company's strategy. He arrived in Lingang a week in advance for exchanges, which can also be regarded as a retreat by the sea.

Others might say it as a joke, but when Yu Xing heard him say it, he felt that he might actually be thinking that way.

"Mr. Zhang, I'll build you a pavilion by the sea later. You can come and meditate whenever you want." Yu Xing didn't want to neglect this senior figure in the internet industry, but he did have a lot of work to do.

The IPO of Silicon Carbon Group will be launched in a few days, and they have been very busy lately.

With his hands behind his back, Zhang Chaoyang exuded a carefree and leisurely air, and nodded, saying, "Thank you, President Yu. Let's build it at the ancient battlefield site."

Yu Xing was stunned for a moment before he realized what was happening, and shook his head repeatedly.

Zhang Chaoyang laughed heartily. His first stop wasn't to see carbon and silicon data, but rather to specifically request to see the "carbon and silicon miracle" in the automotive industry.

Lingang has two silicon carbon companies that are influential in their respective industries, and there has been a real debate this year about which one has a greater influence.

Standing at the forefront of the mobile internet development wave, Carbon Silicon Data first built a software matrix, then integrated advertising revenue, and then competed head-on with the two giants in the short video market and took the lead. Carbon Silicon Data's operational reputation is highly valuable in the industry.

Anchored at the forefront of the transformation of the new energy industry, this company, with its six-seat extended-range engine, takes a different approach, focuses on the precise needs of family cars, dares to be the first to position itself in the high-end market, and is fighting hard against leading automakers in the 300,000-level market to break through. It can almost define this year in the domestic auto industry with its own name.

Which company in Lingang ranks first in terms of carbon and silicon production?
Both arguments circulating online are valid, but someone has pointed out a crucial fact.

Let's see which carbon silicon Mr. Yu prefers.

Undoubtedly, Yu Xing's main focus is on the silicon carbon group.

However, the facts can also be interpreted.

—What does Mr. Yu know about the mobile internet?

Just as Yu Xing joked that Wang Chuanfu didn't understand BYD when asked about stocks, he was also joked about not understanding mobile internet and the future value of carbon silicon data.

Zhang Chaoyang is a staunch advocate of carbon and silicon data.

Therefore, I am particularly curious about what the silicon carbon group, which is on par with the others, is like.

While leading Zhang Chaoyang on a tour of the factory, Yu Xing answered his casual questions about the two silicon carbon companies: "I don't really distinguish between them. Silicon carbon data has people like Zhong Zhiling, Zhai Yifei, Lü Haiying, and Yang Zhenyuan, and it's doing quite well now. But if we switched places, silicon carbon data might still be the same company, but silicon carbon group might not be where it is today."

Zhang Chaoyang was surprised: "President Yu, I didn't expect you to be so arrogant?"

"Can't we be arrogant now that we've sold so much in Kyushu?" Yu Xing laughed.

Zhang Chaoyang thought about it carefully and said, "It seems that before Kyushu was sold, weren't you quite arrogant?"

"I've already poured all the money from selling WeChat into this, can't I be arrogant enough?" Yu Xing laughed again.

Zhang Chaoyang was half convinced.

Following Yu Xing, he saw the super-large die-casting machine again, squinted and asked, "Is this your specialty? It seems there are mixed opinions about it in the automotive industry."

“Everyone has their own interests, which I understand,” Yu Xing said. “Anyway, people are willing to pay the price we’re currently offering. It’s a kind of unique skill. You know there’s a weight difference between lithium iron phosphate and ternary lithium batteries, right? This die-casting method can reduce the weight of the vehicle. We still need to continue to optimize it.”

Zhang Chaoyang pressed further, asking, "How else can this be optimized?"

Yu Xing glanced at Zhang Chaoyang, thinking he was just making conversation, but still tried to keep it brief: "The die-casting machine is just one step. The molds it produces still need to be inspected. Our current inspection process involves an industrial camera, manual re-inspection, X-ray internal inspection, 3D scanning, and so on. It takes about 35 minutes per piece on average, but the die-casting machine can produce one piece in about 100 seconds. The efficiency of the two is disconnected."

"This is an area where there is clearly room for improvement, and a dedicated team has been established to study it."

"Mr. Zhang, ramping up production capacity, ramping up production capacity, the specifics of how to ramp up production capacity lie in this stage."

"We need to increase its automation level, and they also said they want to apply the ADR algorithm. The overall goal is to improve efficiency by 50% and shorten the detection time to about 17 minutes."

At this point, Yu Xing asked, "Mr. Zhang, are you familiar with the ADR algorithm?"

Zhang Chaoyang shook his head.

“I don’t know either,” Yu Xing laughed. “They said it’s a new technology from recent years. Last month, Semtech released the ADR algorithm technical document, which can improve machine control and simulation capabilities. That’s what technology empowerment is all about.”

Zhang Chaoyang remained silent for a moment for no apparent reason, then gave a two-word evaluation: "Advanced".

How exactly do new energy vehicle brands and models achieve success?
One important factor is probably the support of advanced new technologies.

Zhang Chaoyang summarized from his own perspective, and then thought about the cooperation between the two sides, and laughed: "President Yu, when you mentioned empowerment, I remembered that voice-activated face-pinching feature from Carbon Silicon Data. I even tried it out in Beijing. It looked pretty good when it pinched my face, but it was a mess when it pinched other people's faces in our company."

Yu Xing pretended to sized up the other person: "Mr. Zhang, don't you think your face is quite distinctive?"

Zhang Chaoyang chuckled: "Ma Chuan will be here in a few days. His face is more distinctive. Let him sculpt it and see."

Yu Xing chuckled and explained, "That inaccurate function was just for fun. I guess we were thinking of cooperating with you to optimize your profile and mine as well. It was a new experiment."

Zhang Chaoyang understood and found it quite novel.

He had never visited other car brands' factories, but as Mr. Yu toured the factory and listened to his detailed explanations, he felt even more impressed by the advanced nature of the Silicon Carbon Group. What matched this was Mr. Yu's thorough knowledge of every aspect of the process.

Mr. Yu didn't know the specific principles behind a particular cutting-edge technology, but he did know the general idea, which amazed Zhang Chaoyang.

When Zhang Chaoyang finished shopping, he asked, somewhat puzzled, "Mr. Yu, are you a big fan of cars?"

“I don’t have any particular feelings for cars,” Yu Xing said objectively. “It’s like if I asked you, do you love Sohu Games? Do you love Sogou Input Method? Do you love Sohu Video? Oh, you do love Sohu Video.”

The head of Sohu seems to have once dreamed of becoming a star, taking photoshoots, getting involved in fashion, and making cameo appearances in movies and TV shows.

"It's just for fun." Zhang Chaoyang understood what President Yu meant. "Our business and the entertainment industry are highly related. This time, we continue to bet on Sohu Video, hoping to maintain our advantages and form a strong alliance with Douyin." "Douyin is a new thing. Its commercialization is something we haven't fully considered yet, and we're relatively unfamiliar with this kind of cooperation." Yu Xing said. "I understand Sohu Video's strategic goals, but we also need to show sincerity."

Zhang Chaoyang was not surprised: "Yes, we can talk."

Yu Xing stared at him for a while: "And then? What will we talk about?"

“We can discuss anything. Let’s see how we can cooperate to the maximum extent possible. That’s my mindset for this trip,” Zhang Chaoyang replied.

Yu Xing felt it was still quite vague. For Douyin, such cooperation would either require money or content, while what Sohu Video could offer was neither... or rather, not very urgent.

He thought for a moment and said, “Mr. Zhang, if you can get some rest tomorrow, then let Zhong Zhiling and the others sit down and have a chat. I have to preside over the IPO of my Silicon Carbon Group and can’t take care of things here. I haven’t even organized what I want to talk about at the meeting this year.”

Zhang Chaoyang had no complaints and was aware of the complexity of the work required before the company went public.

He wasn't in a rush to get to Lingang. Besides wanting to have a face-to-face chat with Mr. Yu, he also wanted to see Carbon Silicon Data, this mobile internet upstart.

Silicon Carbon Group is known as the "Silicon Carbon Miracle" in the automotive industry, but this does not mean that the development speed of Silicon Carbon Data is not a miracle. It is simply that the domestic Internet industry is too prosperous. Even though there are "latest hot topics" before "Douyin and Mus", giants such as BAT, Meituan, Didi, and JD.com are also very strong.

However, while Zhang Chaoyang was communicating with Silicon Carbon Data with the mindset of a collaborator, Silicon Carbon Group quietly announced its plan to open-source its in-vehicle infotainment system, which sparked further discussion within the industry.

The Silicon Carbon Group has garnered significant attention, and this year's development trend, coupled with the open-sourcing of its systems, has almost made its ambitions tangible.

After securing sales volume, silicon carbon now aims to gain control over industry standards.

During his free time, Zhang Chaoyang asked Zhong Zhiling, "Hey, Mr. Zhong, you said that your neighbor's car infotainment system is open source. Are you really serious about doing this, or are you just making a story for the IPO?"

Internet professionals are very familiar with open source, like Google's Android, so they feel that Mr. Yu's idea of ​​transplanting this system to the automotive industry is both unexpected and reasonable.

“I don’t know much about this area, but generally, if Xing Ge is willing to publicly announce it, he should try his best to do it,” Zhong Zhiling said, judging from a human perspective.

Zhang Chaoyang clicked his tongue in amazement.

Zhong Zhiling chatted with Zhang Chaoyang for a while longer, then suddenly noticed a message on his phone and said, "Pinduoduo's CEO Bi has arrived."

“Pinduoduo, huh?” Zhang Chaoyang, knowing about Pinduoduo’s rise to prominence this year, casually remarked, “I’m quite curious to see if Ma Chuan will talk about Pinduoduo this time.”

Zhong Zhiling's heart skipped a beat, and he asked, "Mr. Zhang, what do you think of Pinduoduo's future?"

Pinduoduo has reached a secret cooperation agreement with Tencent, and investment institutions familiar with Lingang are also optimistic about its future.

Zhang Chaoyang said, "It's very difficult. Once the users that Pinduoduo cultivates become familiar with e-commerce, they'll just be doing the work for Alibaba and JD.com."

This is also the current mainstream opinion in the industry.

Zhong Zhiling remained expressionless, and soon after, he received news that others had arrived in Lingang.

As the president of Silicon Carbon Data, Zhong Zhiling was responsible for welcoming the guests.

The Internet Conference officially started on the 17th, but people started arriving as early as the 14th. Some wanted to see Silicon Carbon Group, while others were interested in the feud between the leaders of Silicon Carbon Data and Tencent.

Upon seeing Liu Chiping, their interest intensified.

Liu Chiping can never shake off the label of former president of Tencent, especially since the rise of Silicon Carbon Group and Silicon Carbon Data is inseparable from the competition with Tencent back then. His position in Lingang Ecosystem is really subversive to everyone's perception.

On November 15th, just two days before the annual Internet Conference, a major industry event, the guests from Lingang seemed to witness the history of the Silicon Carbon Group together.

Silicon Carbon Group has officially submitted its prospectus to the U.S. Securities and Exchange Commission (SEC), launching its IPO sprint to become the first listed company in the new energy sector.

If Silicon Carbon Group can successfully go public, it will be the second listed company under Yu Xing's control, and it will inject strong momentum into the development of Silicon Carbon Group. Even outsiders can clearly see this.

As for whether Silicon Carbon Group can successfully go public...

Most people think there's no problem; it's just a matter of market capitalization. But how low can it go? It's still at least several billion dollars.

The development of carbon and silicon in Lingang will definitely accelerate, and Mr. Yu's influence will inevitably expand and spread accordingly.

The guests and internet industry insiders in Lingang had mixed feelings. It could be said that everyone had watched Mr. Yu "grow up" to some extent, from the entrepreneur who used to make money off college students to the head of Lingang who was about to go public for the second time...

His journey has been nothing short of legendary in the industry, and yet this very person has become a representative figure in the new energy industry…

Discussions about Silicon Carbon Group's IPO have emerged on platforms such as Zhihu, Weibo, Baixiaosheng, and Douyin, naturally leading to discussions about Yu Xing's achievements, with many giving him extremely high praise.

The pioneer of new energy and the pioneer of mobile internet!
The authority of online reviews is debatable, but Beijing news that evening also mentioned the Silicon Carbon Group's IPO push, and official accounts on Weibo and Douyin wished the Silicon Carbon Group a successful listing.

In this context, the title of "first person in new energy" is quite apt. Considering the far-reaching impact of the competition with WeChat back then and the continuous rise of carbon and silicon data, "first person in mobile internet" may not be entirely appropriate, but he can certainly be called one of the leaders in mobile internet.

Yu Xing hadn't expected to receive such praise before even successfully listing on the stock market. He privately joked with Liu Wanying, "This public opinion really seems to be on our way to becoming a legend."

Liu Wanying laughed and said, "That's great. You can only make big money by making a fortune by investing in gods. Short selling is never as profitable as going long. This is a perfect story."

"Isn't that the same logic you use to find fabricated perfect stories?" Yu Xing shook his head. "President Xu has arrived too. Why don't you wait a bit before going to Hong Kong?"

Liu Wanying has conducted a targeted investigation into Huishan Dairy and obtained definitive cross-verification, thus preparing a short-selling report on this Hong Kong-listed company.

She plans to take advantage of the Internet Conference to travel to Hong Kong and make a public appearance in the mountains.

Liu Wanying refused, saying, "She's just trying to set up a game. I need to get down to business first. I need to make sure everyone gets a fair evaluation and a just value."

Yu Xing laughed and said, "Alright, I quite enjoy watching the stock price drop."

Lingang is becoming increasingly lively, with most of the internet guests arriving on the 16th. Liu Wanying will fly to Hong Kong on that day to make her final public appearance of the year.

The World Internet Conference was held on November 17th, and this year's attendees were exceptionally well-represented.

The former three portal giants Sina, NetEase, and Sohu; the three internet giants Alibaba, Tencent, and Baidu; B2C e-commerce behemoth JD.com; mobile internet upstarts Meituan and Didi; security software veteran 360; short video player Kuaishou; and social e-commerce rising star Pinduoduo…

At a time when the short video market is fiercely competitive, many people are indeed eager to hear the opinions of their peers and are also considering the impact that this trend may bring.

Yu Xing arrived at the venue very early that day and saw many familiar faces.

"Wow, Carbon Silicon Group is going public! Mr. Yu, you're amazing!" Ma Chuan also arrived early and immediately congratulated Yu Xing on his IPO. "Mr. Yu, everyone says you're the number one person in new energy. You're truly a multi-talented individual."

Yu Xing shook hands, then nodded to Jiang Nanchun, the boss of Fenzhong, and replied with a smile, "It's just started, and we don't know when it will be listed yet. Mr. Ma, you should buy more of our stock when it's available."

Ma Chuan remained noncommittal: "Sure, if you Douyin don't do e-commerce, I'll buy a lot. I think the title of the first new energy stock in China should still be very good."

Yu Xing laughed loudly: "What does this have to do with Douyin? Douyin doesn't have a single penny of e-commerce business."

Ma Chuan smiled enigmatically: "I heard from General Manager Cai that everyone is waiting for Douyin to launch e-commerce."

Yu Xing shook his head: "I don't even know when I stepped down as chairman of Silicon Carbon Data."

Just as Ma Chuan was about to continue speaking, he suddenly noticed Pony entering from the other side. His eyes lit up, and he smiled, "Pony's here. Mr. Yu, would you like to go and spar with him?"

Yu Xing: "..."

Seeing this, Ma Chuan was overjoyed: "Then I'll go say hello."

He turned and left.

Jiang Nanchun, who had come with Ma Chuan, did not leave immediately. Instead, he said to Fenzhong Media's major client, "President Yu, congratulations! Carbon Silicon Group's IPO is sure to be a success."

Yu Xing smiled and nodded at the ailing man in front of him, saying, "Hopefully, Fenzhong has performed quite well in the A-share market this year."

Fenzhong Media was once listed on the US stock market, but was later exposed by Guo Shanfeng for fraud and short selling, and was delisted in 2013. It has only been listed on the A-share market this year.

Jiang Nanchun smiled, not wanting to discuss the hardships her company had endured at this moment. After exchanging a few more polite words, she moved on to Mr. Ma, mentioning that Fenzhong Media and Alibaba were likely to achieve a deep cooperation.

Yu Xing glanced at the time and estimated that Xiao Ying would soon be driving Shan Feng through his last operation of the year, and the other alternative targets would have to be postponed until next year.

(End of this chapter)