Huayu started by playing Lao Ai

Chapter 162 Investing and Being Invested
Shortly after Zhang Yi left, Du Wei came to Zheng Jing's office.

With the help of today's abstinence skills, Du Wei is in very good shape.

She has a rosy complexion, is full of energy, has a charming figure, and every move she makes exudes the charm of a mature woman.

After taking a sip of tea, Du Wei said, "Jade Guanyin has been broadcast on Yanjing Satellite TV these past two days. The ratings are pretty good, but the topic of discussion is not enough. The popularity has been taken away by Full House and Swordsman."

These days, the most popular TV series is definitely Full House.

Mango TV is now rebroadcasting the show for the second round and the ratings are still very good.

The sales of the complete set of genuine discs of "Full House" produced by Western Films exceeded 20 sets.

The sales volume of pirated CDs is at least ten times higher.

Many young men and women, who do not have the power of remote control at home, will go to the video hall to watch the DVD of Full House when they are on a date.

There are also many people who go to Internet cafes specifically to watch TV series.

It can be said that Full House has created a trend.

And this trend has spread to the entire Pan-Asian region.

The significance of this is very important.

A truly popular idol drama actually has a big role, which is to define what is popular and have the right to speak in fashion.

After Full House became a hit, the hairstyle of the male lead Liu Zhixun and the outfit of the female lead Chen Wei gradually became popular.

On the streets, you can see Zheng Jing's flat head everywhere, and you can also see many people wearing the same style as Gao Yuanyuan.

This is also true in Taiwan, Japan, Korea and other places.

In addition, there is the Ludao tourism that was made popular by the drama, as well as the various local delicacies and snacks, and even the Chinese nursery rhyme "The Snail and the Oriole".

The success of Full House not only brought economic benefits, but also generated cultural output.

In this era, the mainland's cultural output is very weak, and it even has no say in popularity and fashion.

The broadcast of Full House changed all that.

It also allowed many young people abroad to begin to understand mainland China and even develop a yearning for it.

It can be said that Full House has changed the image of mainland China in the minds of many young people abroad, so the official authorities are promoting this drama and it is even reported on in Focus Interviews.

Unlike Full House which achieved great success in both performance and reputation, the popularity of Smiling Proud Wanderer was entirely due to criticism.

The drama has been criticized since it was aired on March 3.

How loud is the criticism?

For example, two days ago, Xinlang Entertainment issued a press release saying that the drama "Swordsman" received "mixed reviews" after it was broadcast.

He was immediately scolded by netizens, who said that the reporter from Xinlang Entertainment was praising "Swordsman".

The mixed reviews are all flattery, which shows how much people disagree with this version of The Smiling, Proud Wanderer.

During this period, various criticisms and jokes mocking "Swordsman" have emerged one after another.

Between Full House and Smiling Proud Wanderer, Jade Guanyin seemed to be silent.

Hearing Du Wei's words, Zheng Jing smiled and said, "It's easy to get attention. Just let Fan Bingbing say a few big words during the interview."

Du Wei said: "I think so too, but Chang Jihong disagrees. She is a professional agent and I still respect her ideas."

Zheng Jing poured Du Wei a cup of tea and said, "You are the company's boss, and you have the final say in the company.

It doesn’t matter if you make a mistake, I will definitely support you.”

Du Wei was very satisfied with Zheng Jing's attitude of supporting him to the end. She smiled and said, "Then I will implement my plan.

I think Chang Jihong's work style doesn't match that of Fan Bingbing and Li Binbin.

She doesn't like and is not good at hype.

I want to transfer the agency contracts of Fan Bingbing and Li Binbin to Li Xing.

Since joining the company, Li Xing has performed excellently and has been trained in multiple positions. It is time for him to be promoted.

She is also good at using controversial topics to hype up artists.”

Zheng Jing has always been aware that Chang Jihong's working style does not match Fan Bingbing's.

Du Wei, who manages the company, also noticed this.

Especially after the broadcast of Jade Guanyin, the ratings were obviously very good. It should be the time for Fan Bingbing to fight back against the "maid" remarks and start to feel proud.

However, the publicity arranged by Chang Jihong was not effective enough, resulting in fewer topics about Fan Bingbing.

Du Wei wanted to replace someone, but considering that Chang Jihong was brought to the company by Zheng Jing, she decided to ask Zheng Jing's opinion first.

"Is Fan Bingbing also allowed to be brought to Li Xing?" Zheng Jing asked, "Is this appropriate?"

Du Wei explained: “This is a test for Li Xing.

Li Binbin is both Li Xing's sister and Fan Bingbing's most direct competitor.

If Li Xing can handle the relationship between the two well and lead both of them well, then she has real ability and can take on a higher position in the future.”

Zheng Jing nodded and said, "Okay, it's up to you.

Are there any good candidates for producer?"

Du Wei shook her head and said, "There are no good candidates, so I decided to train within the company.

During this period, I recruited nearly 30 executive producers, asked them to work in the crew, and gave them corresponding assessments.

Most of the current producers in the country have connections, and their abilities are just so-so.

Instead of poaching these people, we should train and select excellent producers ourselves.”

“Mr. Du has clear ideas and manages the company in an orderly manner. He is truly a talent!

It's a pity that your identity is quite sensitive and it's not convenient to publicize it, otherwise, how could Li Fuzhen have anything to do with it?"

Du Wei was so pleased with Zheng Jing's praise that she smiled happily.

Du Wei feels uncomfortable with Li Fuzhen's recent popularity.

Zheng Jing was trying to deceive people precisely.

"As long as you know!"

Du Wei took a sip of tea and continued, "By the way, this afternoon China Mobile held a signing and celebration ceremony for 100 SPs of Mobile DreamNet at the China Hotel.

We, Western Music, are also one of the service providers. Do you want to join?"

Mobile Dream Network was launched in November last year. This business has its own market, and with Zheng Jing's endorsement and theme song promotion, its development speed is faster than in the previous life.

In less than half a year, 100 service providers have signed contracts.

China Mobile specially organized a celebration party, on the one hand to invite service providers to dinner and discuss business, and on the other hand to promote Mobile DreamNet business.

As for Western Music, it is a music company that Zheng Jing asked Du Wei to establish after he became the spokesperson for Mobile Dream Network.

The main business is to acquire and operate the copyrights of various songs to prepare for the future ringback tone business.

And developed an online music website - Qianqianjingting.

Zheng Jing handed the music website over to Du Wei.

On the one hand, film and television and music are strongly related, so Du Wei is more comfortable with it. On the other hand, it also helps Li Fuzhen share the work pressure.

At the same time, it also provides a bridge of communication between Du Wei and Li Fuzhen to prevent their relationship from becoming too strained.

Hearing Du Wei's words, Zheng Jing nodded and said, "I am the spokesperson for Mobile Dream Network. I told Uncle Liang a few days ago that I would attend this event."

"Then let's go there together."

At 1: p.m., Zheng Jing and Du Wei walked into the banquet hall of the Imperial Hotel together.

Zheng Jing thought he had arrived early, but he didn't expect that the hall was already crowded with people. Not only were there media reporters, but also the heads of major service providers were almost all here.

It seems that these service providers are very positive in responding to the call from China Mobile, the platform father.

Zheng Jing took a quick glance and saw quite a few "familiar faces".

There are Ding Lei from Wangyi, Xiao Ma from Tengxun, Zhang Chaoyang from Shouhu, Song Ke from Ryefield Music and others.

Zheng Jing's father, Zheng Xingguo, was talking to Xinlang's chairman, Wang Zhidong.

"Old Zheng is amazing. He got to the middle seat so quickly."

Hearing Zheng Jing's ridicule, Du Wei smiled and said, "West China Network's monthly revenue has exceeded 5000 million, and its annual net profit is at least hundreds of millions. It is already the most profitable Internet company in China.

It's normal for your dad to sit in the middle seat."

Just as Zheng Jing was about to speak, the etiquette lady said, "Mr. Zheng, your seat is better, in the middle of the first row."

Zheng Jing looked at Du Wei and said with a smile, "It's the other way around, Tian Gang, my son is sitting in front of me."

Du Wei: “…”

As a spokesperson, Zheng Jing was treated with courtesy and sat between China Mobile's vice president Liang Shenghui and the general manager.

You have face, but it's not a good thing.

After all, meetings held by such state-owned enterprises are usually long and boring.

Zheng Jing was very bored, but since he was sitting in the middle, he couldn't slack off, so he had to pretend.

The meeting finally ended at 5: in the afternoon.

No one left, there was a banquet in the evening, and that was the point.

Zheng Jing, Du Wei and Zheng Xingguo came to a lounge and sat down together.

The assistant closed the door and stood guard at the door.

Zheng Xingguo then said, "I just had a chat with Wang Zhidong of Xinlang. He wants to introduce new shareholders and change the equity structure of Xinlang. He asked me if I am interested."

Zheng Jing asked, "What's going on with Xinlang?"

Zheng Xingguo explained: "Xinlang is the result of the merger of Sifang Litong and the American Chinese website Huayuan Information, and Wang Zhidong is the founder of Sifang Litong.

During Xinlang's listing process, his shares were diluted, and after the listing, he only held 6%, and the board of directors was basically controlled by the capital side.

During this Internet bubble, Xinlang's market value fell to only 7000 million US dollars.

Investors hope that Xinlang will cut unprofitable businesses, reduce expenses, and focus on developing profitable SP business to increase stock valuations.

But Wang Zhidong still insisted on doing content and research and development, as he felt that the SP business was not a long-term solution.

This resulted in a disagreement between the two sides.

Wang Zhidong is in a passive position, and he wants to find help to help him through the crisis. "

After hearing what his father said, Zheng Jing remembered the Wang Zhidong incident.

The founder of Xinlang was eventually driven away by capital and forced to leave Xinlang. This incident was also a hot news in the financial world in 2001.

Mobile Dream Network's SP business has saved many Internet companies in China.

However, in the view of some professionals, the development potential of SP business is limited and it is too dependent on the China Mobile platform.

If the company only develops SP business, its profit model will be too single and it may lose profitability at any time due to changes in China Mobile's policies.

This is not a healthy and long-term profit model.

This is what Wang Zhidong thought.

There are many people who share his view.

So in 2001, most Internet companies in China were seeking financing.

Some are business owners who want to take advantage of the company's profits to increase the valuation, and some are investors who think this is an opportunity to make a move.

After all, the Internet bubble is still before our eyes, and investors are afraid of repeating the same mistakes, so they might as well sell their shares at a high point and cash in.

Among them, the most famous cases are Yingke and IDG.

The two companies took advantage of Tencent's initial profitability and sold their shares in June 2001.

Thinking of this, Zheng Jing's heart moved and he said, "Xinlang's equity is too complicated and not easy to deal with.

I am very optimistic about QQ. Dad, you can talk to Ma Huateng and buy more shares. "

Zheng Xingguo shook his head and said, "You are just like Wang Zhidong. Do you really think the company has a lot of money now?
Western Network's revenue is very high, but Rexue Zhanqi is still in its expansion phase. The server and channel costs are not low, the promotion investment is also not small, and the payment period is relatively long.

There is only over 30 million in cash in the company's account, which I kept as a backup.

Where is the money to invest?”

After all, Hot Blood Battle Flag has only been online for more than half a year, and this is the time when the investment is the greatest.

In its previous life, Shanda also sought financing of 4000 million RMB from SoftBank one year after the launch of Legend.

Although Zheng Xingguo does not have to worry about the copyright disputes of the game, the cash flow at this time is not as sufficient as he imagined, and Western Network still needs time to develop.

In another year or two, we will no longer be short of money.

After hearing what Zheng Xingguo said, Du Wei hesitated for a moment and said to Zheng Jing: "I have money, and if it's not enough, I can go to the bank for a loan.

I can lend you money for financing.”

Zheng Jing was quite touched to see Du Wei's unconditional support for him.

He said to Du Wei: "I don't need your money for now, but if you have money, you can invest some."

Then he said to Zheng Xingguo: "Actually, there is something I have wanted to tell you for a long time."

Zheng Xingguo asked, "What's the matter?"

“I think Western Network still needs to introduce investment from central enterprises.

We make online games, which do not have a very positive social impact.

It would be best if there was some state-owned capital background so that part of the profits could go to the upper echelons, so that it would be stable and long-lasting.”

Upon hearing this, Zheng Xingguo lit a cigarette and fell into thought.

Zheng Jing continued, “You can talk to Uncle Liang. China Mobile has been very active in the capital market in the past two years.

See if they are interested in Western Network.

If possible, China Mobile can pay some money to invest in our Western Network.

Then we will use this money to invest in Tencent.”

Zheng Xingguo asked: "Are you really optimistic about Tencent? I think QQ has no profit model. No one buys the membership they launched.

If it weren’t for the emergence of Mobile Dream Network, this company would have almost gone bankrupt.”

Although with the emergence of Western Network, Tencent's development may be affected to some extent.

However, QQ's potential is still there, and getting on board now will undoubtedly make you huge profits.

Zheng Jing nodded and said, "I am optimistic about this company. QQ is not only a chat tool, but also a social network."

Zheng Xingguo understood it with just this one sentence.

But Zheng Jing continued, "Dad, you should learn from BBK's Duan Yongping in the future. Not only should you succeed yourself, but you should also help others succeed.

When you have money, you can invest in more projects, and then you will be the godfather of China's Internet."

Zheng Xingguo smiled happily when he heard this, and said, "Let's talk about the Godfather first, let's get this investment done first.

Have a few more drinks with your Uncle Liang tonight."

(End of this chapter)