Who would still start a business seriously after being reborn?

Chapter 329 CCTV Invitation

News about Lei Jun’s investment can only be found through unofficial records on the Internet.

As Momo Group's situation took a sharp turn for the worse, one big scandal after another was exposed, including that Momo Group owed Handong Commercial Bank a loan of 200 million yuan, that Momo Group owed its agents more than 30 million yuan, and that Momo Internet cafe franchise partners intended to jointly sue.

The various big melons really excited the people.

Under this situation, Zhonghai Netyuan Communications and Yanjing Space-Time Culture, which also obtained chain licenses, sent people to try to discuss the acquisition issue, because Momo Group and the Internet cafe joint store partners signed a minimum guarantee contract.

Even if Momo Group goes bankrupt, it still needs to pay the amount in the guarantee contract.

Therefore, Momo Group’s current debt is equal to 30 billion yuan.

Such a large scale of debt also deterred China Overseas Network Communications and Yanjing Space-Time Culture.

This is simply outrageous. He opened the door to outrageousness. It’s outrageous as hell.

It is precisely because of this huge debt that Momo Group has encountered huge problems in financing, and no one is willing to take on this big bomb.

This bombshell is too terrifying. If you invest 30 million yuan and hold % of the shares, wouldn’t you have to bear million yuan in debt?

In recent days, Handong TV has been inviting Du Yusheng to participate in interview programs.

Momo Group is such a hot topic that whoever grabs the interview show can guarantee the ratings.

This is also the characteristic of this era. These entrepreneurs who are about to go bankrupt or are heavily in debt are simply the best entertainment targets for ordinary people after dinner.

What is happiness?

Happiness is that I have 30 yuan in my pocket, but you owe billion yuan.

Gradually, even CCTV programs extended an olive branch to Du Yusheng and offered him an appearance fee of 200 million yuan.

This kind of interview program is actually very simple. It just invites the entrepreneur to the stage and then lets the audience evaluate him crazily.

In 1997, Shi Yuzhu, the chairman of Giant Group, which failed in real estate, had an experience like this. At that time, almost every speaker in the audience blamed Shi Yuzhu. Some questioned his business philosophy, some felt that he was not a qualified entrepreneur, and some accused him of being too greedy and arrogant. Some even mocked him for having no quality.

Almost everyone thought that Shi Yuzhu was a piece of mud and would never be successful again. At that moment, whether it was the audience at the scene or the audience in front of the TV, they all turned into Bill Gates and criticized Shi Yuzhu harshly.

It was also during that program that Shi Yuzhu realized that what the people across the country lacked was not houses, but brains.

So Melatonin came out of nowhere and gave a great boost to the brains of these self-righteous audiences.

Du Yusheng readily agreed to CCTV's invitation.

The thing that makes Du Yusheng better than Shi Yuzhu is that Du Yusheng is really shameless. He is full of Amway cells and can talk big and lie with his eyes open no matter what the occasion.

The reason why Du Yusheng participated in the program this time was to promote the joint venture partner model of Momo Internet Cafe as much as possible, so that people all over the country know that the joint venture partner model of Momo Internet Cafe does not make money, is purely for welfare, and is designed to achieve prosperity for all people.

By the way, I would like to spread the new concepts of Momo Internet Cafe, such as restricting minors from accessing the Internet, anti-addiction mode, 1225 university computer room plan, and 274 electronic reading room plan.

Early in the morning, Du Yusheng, who had memorized the lines by heart, rushed to the airport in high spirits.

The program that Du Yusheng appeared on was called "Dialogue on Economy", a real-time economic talk show. Because there were often some unexpected situations on the scene, it attracted a large number of onlookers and the ratings remained high.

At 9 o'clock in the evening, Cheng Yi called all the core members of the group to the VIP room to watch their chairman shine on the national stage.

The situation of Momo Group during this period has also caused many core members to worry.

Everyone sat on the sofa in silence.

Jiang Yuxi, the general manager of Momo TV Shopping, was the first to break the silence. She looked directly at Cheng Yi and said, "Cheng Yi, is our group really going to go bankrupt?"

Jiang Yuxi's straightforward question without any detours made Zhao Gang, Li Xiang and others look at her sideways.

Seeing Zhang Lingyu's accusing look, Jiang Yuxi quickly shrank her head and whispered, "I, I was just asking casually, don't react so strongly..."

"Okay, okay, I won't ask anymore." Jiang Yuxi couldn't stand the gazes of the crowd, so she immediately huddled in the corner of the sofa and started gnawing on potato chips.

Zhao Gang couldn't help but say, "Boss Cheng, how about I go out and help find some financing?"

Cheng Yi said: "With the guaranteed contract we signed, it is impossible for anyone in China to be willing to invest. Now it depends on whether Huang Wenrong can get money from overseas."

Li Xiang said, "Boss, how about we stop the 1225 plan and start exporting computers? With our computer production and profits, if we export, we can get a turnover of million per month."

"I think this method is feasible. As long as we can get moving, there is hope." Zhao Gang immediately expressed his support.

Zhang Gang, who had been silent the whole time, said, "I know a few lenders. If things really don't work out, I'll take on the debt and help you get through this difficult time first."

"Uncle Zhang, we haven't reached that point yet." Cheng Yi smiled and said, "Every company will encounter ups and downs. This debt crisis is nothing to our Momo Group. I believe we can definitely get through it."

Seeing Cheng Yi so confident, everyone stopped talking even though they were worried.

In the room, the only sound was Jiang Yuxi's grunting eating.

Seeing a few more people looking over, Jiang Yuxi slowly put the potato chips she was about to put into her mouth back into the bag and whispered, "How about I go out and eat first?"

Even Zhang Lingyu was driven to lose her temper by Jiang Yuxi. She sighed and looked at Cheng Yi with some worry.

Looking at Cheng Yi's angular face, Zhang Lingyu actually felt a little distressed. Zhang Lingyu has only one idol, and that is Cheng Yi.

Because she was the one who witnessed Cheng Yi step by step reach this position. In Zhang Lingyu's eyes, Cheng Yi is simply a god-like existence.

No, even God probably can't achieve the level of Cheng Yi.

This is truly starting from scratch.

Without the sound of Jiang Yuxi eating, the room seemed even more depressing.

Cheng Yi looked back at Jiang Yuxi and said, "Eat if you want to, no one will say anything to you."

"You, do you want to eat?" Jiang Yuxi took a potato chip and handed it to Cheng Yi.

"Only children eat this kind of stuff." Cheng Yi replied.

Jiang Yuxi probably felt that eating this in such an occasion seemed a bit childish, so she slowly put down the potato chips and took out a bag of mung bean cakes from her bag.

Soon, CCTV's "Dialogue on Economy" entered the summary stage, and a deep male announcer's voice sounded:
"Why did a rapidly rising technology group face a serious economic crisis?"

"Is the brick-and-mortar chain model suitable for the Chinese market?"

"What kind of warning can this group's current desperate situation give us?"

"Please look forward to this episode of 'Dialogue Economy' as we delve into the Momo Group and explore the love, hate, and passion of this tech giant."

The summary flashed by, and soon, the well-known host Chen Weihong walked onto the stage.

Facing the camera, he smiled and said, "Welcome everyone to watch the interview program 'Dialogue on Economy', which is exclusively sponsored by Melatonin. This year, I won't accept any gifts. The only gifts I will accept are Melatonin. Welcome everyone to the show 'Dialogue on Economy'."

"Recently, news reports about a technology group accumulating 3 billion in debt have been making the rounds. Therefore, we've invited the head of this technology group to clarify this matter for everyone."

"Now please welcome Mr. Du Yusheng, Chairman of Momo Group, to the stage."

Soon, Du Yusheng, dressed in a suit, walked onto the stage with a serious expression. He bowed to the crowd and said, "Hello, everyone."

"Chairman Du, please take a seat." Chen Weihong invited Du Yusheng to sit next to him and went straight to the point. "Chairman Du, the news that Momo Group is in debt of 3 billion has spread all over the country. We are all very curious. How did you end up in debt?"

Du Yusheng smiled and said, "Actually, everyone has misunderstood. Our Momo Group is not in debt of 3 billion. After applying for a national internet cafe chain license, we have been following the requirements of the National Information Industry Association. After market research, we found that the internet cafe industry is so chaotic because the threshold for opening an internet cafe is low and regulation is difficult. So, we decided to discuss a joint venture model with internet cafe owners in various districts and counties in Handong Province."

"This so-called joint venture means that the internet cafe owner will hand over full management and operation of the internet cafe to us. We will pay them a profit share of 100 million yuan every year for a total of six years. Since Handong Province implemented the internet cafe joint venture, the dirty and messy internet cafe situation in Handong Province has been significantly improved. Disputes caused by Internet use in various districts and counties in Handong Province have decreased by 94%. In addition, we have implemented adult real-name authentication and anti-addiction mode in the internet cafe..."

Du Yusheng introduced the story incessantly, and it felt like he was back home.

Chen Weihong, who was standing by, felt the leadership slipping away and immediately interrupted, "But we understand that you're experiencing serious funding issues, perhaps even a broken capital chain. Could you please tell me what caused this?"

Du Yusheng said: "The biggest reason is that the investment in our two programs to give back to society is too large."

Before Chen Weihong could ask back, Du Yusheng continued, "We have a plan called the 1225 Plan. Momo Group plans to open free computer labs in 1225 universities across the country, allowing college students to surf the internet, embrace the internet, and access information. We've already completed pilot programs in over 100 universities in Handong Province, and the results have been very positive. After the pilot program, we've also set up free computer labs in universities in neighboring provinces. To date, we've established a total of 347 computer labs, with a total investment of 1.4 million yuan. The total investment for this plan is a whopping 5 million yuan."

As soon as Du Yusheng said this, the audience was in an uproar.

Isn't this just a waste of time? Donating a computer lab to a university? What kind of operation is this?
Chen Weihong questioned: "Are you really doing this completely for free? What are you trying to achieve?"

"What's the goal?" Du Yusheng looked at Chen Weihong and said righteously, "Host, our company's money is all given by the people. If we ask ourselves what we're trying to achieve before doing anything, what's the difference between us and those evil capitalists? If we have to say what we're trying to achieve, then we're trying to make our country prosperous, we're trying to ensure peace and prosperity for our people, and we're trying to make sure that college students, rich or poor, across the country can embrace the internet!"

"Well said!" In the VIP room of Momo Group, the scholarly Zhao Gang immediately applauded.

He clapped for a while, then seeing no reaction from the crowd, he couldn't help but ask, "Don't you think Chairman Du's words are very good?"

Jiang Yuxi said, "I think it's very well spoken, even better than singing."

Chen Weihong smiled somewhat embarrassedly and said, "I'm sorry for asking so abruptly. Chairman Du's patriotism is truly a shame to me. But if this computer room is completely free, how can your group continue to do so?"

Du Yusheng said: "In fact, our Momo Group's cash flow has always been very stable. It's just that our group is eager to carry out the second 274 electronic reading room project recently, so there have been some problems with the capital chain."

"Speaking of this, everyone must want to know what the plan for the 274 electronic reading room is?" Du Yusheng looked up at the camera.

Before Chen Weihong could stop him, Du Yusheng said, "Project 274 is our Momo Group's online education program for primary and secondary school students. We've hired the country's top teachers to compile elementary and middle school curriculum into tutorials. We've also integrated all the extracurricular reading materials into e-books and stored them all on computers."

"We call these computers educational learning computers. We will establish electronic reading rooms with 274 computers in 400 cities across the country, allowing primary and secondary school students nationwide to receive top-level online education. This plan is also free!"

After hearing this, Chen Weihong was a little stuck in his thoughts.

This was totally not going according to his rhythm. They spent 200 million to invite Du Yusheng over, just to let Du Yusheng talk about his tragic experience, and then let the friends at the scene and in front of the TV have a good time.

But this guy, does he have the slightest awareness of the fact that he is in debt of 3 billion?
From the moment he came on stage, he kept talking non-stop, leaving even the famous CCTV host unable to get a word in.

Chen Weihong seriously doubted whether this guy came here to solicit investment for their group.

Soon, his guess came true. Du Yusheng sighed and said, "I came here this time to use this program to appeal to entrepreneurs across the country. Whether it's for college students or elementary and middle school students, please help our Momo Group. I'm willing to sell 85% of my shares for just million yuan."

Du Yusheng's eyes were remarkably firm, and he spoke with great emotion, "As long as you're willing to give us 90 million to help us through this difficult time, I'm also willing to give you 300% of the shares. I didn't start Momo Group for shares or to make money. I'm actually not interested in money. My happiest moment was when I earned yuan and bought a second-hand pager."

(End of this chapter)