Who would still start a business seriously after being reborn?

Chapter 361 A Seriously Positive Energy Competition
Luo Shengyi tentatively asked, "Chairman, their contract with us will expire in a little over three months. Should we renew it?"

“Continue,” Chen Tianqiao said, “but not once a year, but once a month.”

"Renewed once a month?" Luo Shengyi was slightly surprised.

If the renewal is changed to once a month, it would be tantamount to strangling Momo Group.

However, will Momo Group agree to this proposal?
Luo Shengyi pictured Cheng Yi's cunning face in his mind.

It's hard.

During this period, the first batch of Momo Schools donated by Xiaonei.com Technology Company has completed the project approval process.

These Momo schools are mainly located in Sichuan Province, totaling 22 schools, all of which are integrated primary and junior high schools.

According to normal procedures, it takes at least a year and a half to build a school, from evaluation to project approval to construction. This is because first, a land acquisition announcement must be issued, then a risk assessment must be conducted, followed by a compensation and resettlement plan, compensation registration, project approval, planning and design, and finally, obtaining a construction permit. Each step takes 1 to 2 months.

Under Lin Hua's guidance, these procedures, which should have taken seven or eight months to complete, were all finished in less than a month.

This time, Cheng Yi finally understood the true value of Lin Hua's talent.

Lin Hua was very familiar with the ways of government departments, and he hardly took any wrong turns. He first found the National Education Industry Association to set up an education foundation, and then used the education foundation to operate the Hope School project.

While others apply for project approval from the bottom up, he applies from the top down.

No wonder Huang Fei values ​​Lin Hua so much.

Lin Hua is the kind of person who is very calm, even to the point of being cold-blooded.

Fortunately, this kind of person went into politics; if he had gone into business, he would definitely be the most ruthless capitalist.

He's utterly inhuman.

There were too many trivial matters to deal with lately, including quite a few that made Cheng Yi feel guilty afterward.

Whenever Cheng Yi finished doing something like this, he would talk to Lin Hua for half an hour with a guilty feeling. As long as they talked, Cheng Yi would feel that he was still a decent human being.

Many heartbreaking stories from those impoverished mountain areas were commonplace in Lin Hua's eyes.

In Lin Hua's view, this world is a dog-eat-dog world. If you want to become a lion, you shouldn't care how pitiful the rabbit is, because there are things that are even more pitiful than the rabbit, and you can never be pitiful enough to ...

It is because of this mindset that Lin Hua is able to handle matters swiftly and decisively.

When it comes to resettlement plans involving compensation, he never wastes time talking to people. He either signs the agreement in three days or immediately stops the donation process if it's not completed in three days and moves the school to another district or county.

When the school was first donated, Xiaonei.com Technology was seen as a savior by many people. Many families who couldn't afford medical treatment came to the door hoping to receive help from Xiaonei.com Technology. However, without exception, all of them were coldly transferred by Lin Hua to the local civil affairs industry association.

The senior executives of the Civil Affairs Industry Association were so angry that they cursed Lin Hua for being inhuman.

However, with Lin Hua standing in front of him, Cheng Yi was much less worried.

The thought that Lin Hua would be leaving him in two months filled Cheng Yi with immense reluctance.

Just like the song says: Don't ask about right or wrong, after all, we've worked together, and I was truly happy during the days you were with me...

In an effort to keep Lin Hua in the country, Cheng Yi even considered using some underhanded and malicious schemes, such as setting up a criminal record for Lin Hua to ruin his political career.

But then he thought about the possibility of facing Huang Fei's anger, and Cheng Yi backed down.

Since the start of the Hope School project, Xiaoneiwang Technology has completely overshadowed Momo Group in terms of brand recognition. It is a regular feature in newspapers almost every day. You can find photos of Lin Hua and some other leaders at the unveiling ceremony in any newspaper you open.

Xiaonei.com Technology, as Momo Group's first and foremost weapon, has paved a path for Momo Group to reach the whole country.

Each of Xiaonei.com Technology's three subsidiaries is an extremely resilient entity.

In particular, under Lin Shengdong's integrated management, the revenue of Momo's self-operated trading company nearly tripled.

The original merchant points system was simply a system where users would make purchases and then have 5% deducted as a service fee, which was a model where the store found the customer.

Lin Shengdong's model, on the other hand, referenced the operational model of branded shopping malls and pioneered a model where people find stores.

He categorized the merchants into different types, from retail to service industries, and then purchased shops in various districts and counties to create a self-operated store on Momo.

Self-operated stores will select some products from retail merchants and sell them in their own stores. In addition to the original 5% service fee, a new 10% self-operated management fee will be added.

The remaining retail merchants and all service merchants will still be handled by Chen Ya-fang's ground promotion company, with fees calculated at 5%.

Lin Shengdong's personal investment of 100 million yuan was mostly spent in various districts and counties of Handong Province.

The cost of purchasing the store alone was as high as 5700 million.

The hundreds of employees who were originally with Shengdong Commercial Group were all recruited by Lin Shengdong and became employees of these self-operated stores.

In this way, many users who need internet points no longer need to remember which stores offer points. Before each purchase, they will first browse through Momo's self-operated stores. If Momo's self-operated stores do not have what they want, they will then look for stores that offer points.

Since the launch of its self-operated stores in mid-May, the more than 5 self-operated stores in Guangdong Province have achieved a monthly turnover of more than 5700 million yuan and a net profit of 900 million yuan.

Based on the profit-sharing ratio, Lin Shengdong can earn more than 180 million yuan per month from his self-operated stores in Handong Province.

This profit margin is almost comparable to that of the ground promotion company that Chen Yafang is in charge of. Although the total sales of merchants in Handong Province who have joined the merchant ground promotion program are more than 200 million yuan per month, the net profit is only a little over 10 million yuan based on the 5% service fee. After deducting the profits from the external relations departments of various universities, the total monthly income is only more than 7 million yuan.

Moreover, the most impressive thing about Lin Shengdong's self-operated stores is not the profit, but the backlog of payments.

Self-operated stores pay merchants within 1-3 months, during which time the payment can be used for other purposes.

Even if the payment takes 1-3 months, it is still much faster than the payment speed of shopping malls in the province.

For example, at Shengdong Department Store, the settlement period is 3-6 months.

The funding for the Hope School construction and the 1225 University Computer Lab Project during this period was mostly paid out from the proceeds of sales from its self-operated stores. Now, Xiaonei.com Technology has achieved complete financial independence thanks to these self-operated store payments. All projects the company is pursuing no longer require secondary investment from Momo Group, which to some extent ensures the integrity of Xiaonei.com Technology's shareholding structure.

After all, if Momo Group makes a second investment, it will inevitably increase its shareholding.

As the "1225 Project" for university computer labs comes to an end, the debt problem of Xiaoneiwang Technology is becoming increasingly acute.

The 1225 university computer labs alone have an astonishing 265000 computers. In the seven months since the 1225 plan was implemented, Xiaoneiwang Technology has spent an average of nearly 4200 million yuan per month.

In particular, the establishment of the first batch of Hope Schools cost more than 1700 million yuan.

Xiaonei.com Technology's total liabilities have reached over 4 million yuan, facing the same debt crisis previously experienced by Momo Group.

Since Momo Group moved to the Cayman Islands, the management of its various companies has become much stricter. Every transaction is subject to review by the group's finance company. It can no longer inject capital into its subsidiaries as it used to. Now, even when users use merchant points to access the internet at Momo Internet Cafes, Xiaonei.com Technology has to pay the internet access fees to the Momo Internet Cafes.

If Momo Group invests to help Xiaonei.com Technology make up for its debts, it means that Momo Group's shareholding in Xiaonei.com Technology will increase from 23% to over 60%.

“Momo Internet Cafes haven’t officially entered the national market yet, and it’s difficult to leverage self-operated stores and merchant points. We must build a social platform as soon as possible.” Cheng Yi looked at the financial report in his hand, picked up his phone, and dialed Zhou Hui’s number.

Since poaching Zhou Hui from Yu Sen, Zhou Hui has been in charge of the development of the school's intranet.

After nearly ten months of research and development and three months of testing, all the functions of Xiaonei.com have met the requirements to become a social platform.

"Mr. Zhou, please contact Mr. Yu Sen and ask him to list Renren Internet Cafe on the Momo system so we can start the public beta test," Cheng Yi said.

"Okay," Zhou Hui readily agreed.

Cheng Yi hung up the phone and began to think about how to quickly increase the number of registrations and daily active users on the school's intranet.

While the promotion of the campus network doesn't require any commercial advertising thanks to the university's computer labs, attracting university students away from games and onto the campus network will require some effort.

The campus network requires a campus Momo account to log in. After logging in, you also need to enter your student ID and other information to bind your department and identity. Even graduates who graduated many years ago can use their previous student ID to bind their information, and their title will be displayed as a graduate of a certain year.

This divides users into 1225 independent groups.

Cheng Yi sat on the sofa in the finance department office, pondering how to make good use of these 1225 independent groups.

During this period, Lin Qingyin was going to represent the Computer Science Department of Handong University in the 2002 Huaxia University Student Computer Game Competition, which was jointly organized by Popular Magazine and the National Information Industry Association. Therefore, she had been following her teacher to strengthen her study of the computer subjects involved in the competition.

This competition is highly valued by various universities. As the first computer-related competition in China, if their school's participants can rank in the top ten, it means that their university's status in the national computer field has also entered the top ten.

“The competition…” Cheng Yi grabbed the registration form for the computer game competition next to him, his eyes suddenly lighting up.

Yes, the current Renren.com is fully capable of hosting a national competition.

However, this competition cannot be competitive; it must be interactive, just like the Momo Legend Championship they held in Handong Province. The competition serves as a starting point to mobilize the enthusiasm of all people in Handong Province and achieve the goal of attracting traffic through the competition.

As long as the traffic is successfully generated, the outcome of the competition is irrelevant.

The Momo Legend Championship in Handong Province ended several months ago, and Cheng Yi, as the chief planner of the competition, didn't even know which guild had won the championship.

"The first 'Campus Inner Network Cup' Campus Beauty and Handsome Boy Contest." Cheng Yi took out paper and pen and quickly outlined the general framework of the contest.

Competition theme: Youth has no definition, beauty has a new stage.

Slogan: Youthful spirit is the new Chinese trend!
Registration method: Each school's external relations department will conduct a preliminary selection within the school, and then all teachers and students will vote on the preliminary selection platform on the school's intranet to select four contestants (two males and two females) based on the number of votes.

National Competition: Contestants create a column on Renren.com to showcase themselves using text and images. Renren.com Technology invites a team of professional judges to give contestants a base score based on their appearance, talent, influence, and positive energy. Then, Renren.com users give contestants additional support points.

The top ten scorers will receive the title of the first Campus Beauty/First Campus Hunk awarded by Renren.com and become the campus spokesperson for Renren.com, receiving an endorsement contract with an annual salary of 100,000 yuan.

Cheng Yi quickly devised a competition plan and then went to Chen Yafang's office.

After Lin Hua publicly stated on television that Cheng Yi would be the next student council president of Handong University, the infighting within the student council of Handong University instantly ceased. The cessation of the infighting also greatly reduced Chen Yafang's workload, allowing her to fully dedicate herself to the business of the ground promotion company.

Upon seeing Cheng Yi walk in, Chen Yafang immediately stood up and said with a smile, "Chairman Cheng is here?"

Faced with Chen Yafang's teasing, Cheng Yi smiled nonchalantly, placed the paper in his hand on Chen Yafang's desk, and said, "I want to organize a competition. Could you help me communicate with the external relations departments of various universities?"

"A competition?" Chen Ya-fang immediately looked at the paper. After reading only one title, she exclaimed in surprise, "What is this? What's this about school beauties and school hunks? You're not planning some kind of erotic competition, are you?"

"Who told you that school beauties and school hunks are all about being promiscuous?" Cheng Yi glared at Chen Yafang and said, "This is a legitimate positive energy competition."

Chen Yafang picked up the paper, looked at it carefully, and said, "I doubt any school would approve this kind of competition."

“We don’t need school approval,” Cheng Yi said. “Why would a grassroots competition need school approval?”

"You're doing it privately?" Chen Yafang nodded slowly and said, "That's feasible. As long as you don't go too far, the school usually won't interfere with these kinds of competitions. When do you plan to do it?"

"The sooner the better. First, contact the external relations departments of various universities and have them come up with a list as soon as possible," Cheng Yi said. "Once I've secured sponsorships, we'll officially begin the promotion."

“Okay.” Chen Yafang nodded and said, “I’ll send it to the external relations department group of Project 1225 first, so that they can prepare in advance.”

After handing over the affairs of the External Relations Department to Chen Yafang, Cheng Yi immediately took out his phone and dialed Luo Shengyi's number.

When Luo Shengyi received Cheng Yi's call again, his voice trembled slightly, and his attitude became much more amiable, no longer as arrogant as before. He smiled obsequiously and said, "Boss Cheng, what's the matter?"

Cheng Yi laughed and said, "That's great! I have something important I'd like to do with you guys."

"Something big?" Hearing that Cheng Yi wasn't threatening him with a recorded phone call, Luo Shengyi breathed a sigh of relief and hurriedly asked, "What's so big?"

“A friend of mine is planning to hold the first National College Student Beauty and Handsome Guy Contest and is looking for a sponsor. Haven’t you guys always wanted to promote the Legend game on campus? I wonder if Shengda would be interested in sponsoring it?” Cheng Yi asked directly.

Luo Shengyi was silent for a few seconds, then asked, "The friend you're talking about, it wouldn't be you, would it?"

(End of this chapter)