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Chapter 472 0462 [Old Ancestor Chen is almost the richest man]

When HarmonyOS phones were selling like hotcakes, ByteDance also completed a public offering of new shares.

This time, they directly issued more than 500 million new shares, raising $2.6 million. Chen Guiliang didn't even personally participate in the roadshow; several American investment banks were already vying to underwrite it.

When news of the new share issuance broke, the stock price only briefly dipped before experiencing an explosive surge.

By mid-November, ByteDance's stock price had broken through $75.

The surge is due to several factors: first, ByteDance's overall revenue continues to rise; second, its Weibo business is booming; third, its subsidiary's mobile phone sales are booming; and fourth, Tudou.com, which ByteDance has invested in, is undergoing an IPO.

All good news!

今年美国那边的中概股，1月到5月整体暴涨，直至6月才稳定下来。7月有多家中概股被做空，8月和9月整体下跌。10月弱势反弹，11月再次暴跌。

ByteDance's stock price surged against the backdrop of a general plunge in Chinese concept stocks.

Baidu, Focus Media, and Dangdang also exhibited similar performance.

As long as a company's performance is truly outstanding, it will not be affected by negative public opinion. Baidu, in particular, has already risen to $100 after its stock split last year (1 for 10).

With $2.6 million in funding, ByteDance has become unprecedentedly "wealthy".

This year's Hurun Rich List and Forbes China Rich List were released before ByteDance's share issuance.

Chen Guiliang ranked second on the Hurun Rich List. The first place went to Lao Zong.

Chen Guiliang ranks third on the Forbes China Rich List. The first is Lao Zong, and the second is Li Yanhong.

The release of the two lists has left everyone speechless.

A 25-year-old not only broke into the top ten of the rich list, but also directly entered the top three!

Both Xiao Ma and Wang Chuanfu were left behind by Chen Guiliang. They ranked ninth and tenth, respectively.

"What's going on? How did Old Master Chen suddenly surge so high?"

"ByteDance's stock price has skyrocketed. Chen Laozu (Chen Ziyi) personally holds more than 50% of the shares. ByteDance's Weibo and HarmonyOS phones are both subsidiaries of ByteDance. It would be strange if the stock price didn't skyrocket."

"That's fucking insane!"

"I think Hurun and Forbes underestimated Youke's market value. If they had overestimated Youke's assets a little, Mr. Chen could very well have become the richest man in China."

"It's better not to be the richest man; it would be hilarious to be slaughtered like a pig."

"..."

Microblogging-like products have been the darlings of investors this year.

In another time and space, Sina, thanks to the growth data of its Weibo account, did not need to make a profit at all, and its stock price rose for months on end.

Now it's ByteDance!
This even boosted sales of HarmonyOS phones, and news of Chen Guiliang entering the top three of the rich list was everywhere online. Moreover, the value of Weibo was deliberately ignored, and everyone said that Chen Guiliang's assets skyrocketed because HarmonyOS phones were leading the technological trend.

A large number of media outlets sent interview requests, hoping to conduct an exclusive interview with Chen Guiliang.

Peking University has invited Chen Guiliang several times, hoping that he can return to his alma mater to give a speech.

Even the leaders of the high-tech zone in his hometown went to Chen Guiliang's parents, hoping that Chen Guiliang could invest in his hometown—the highway was about to be built, and demolition was already underway in Longdu City, and it was expected to be open to traffic within two years.

"Are your parents willing to come to Beijing?" Xie Yang asked.

Chen Guiliang shook his head: "They are living quite comfortably in their hometown. Last year, they even went on a trip to Tianya Haijiao."

Xie Yang said, "The local newspapers have been reporting on you for a week straight, and I've been touted as a millionaire as well. A lot of relatives have come to my house to borrow money. My parents are easy to talk to, so they've lent out more than 100,000 yuan, which has used up all the living expenses I sent them."

"Haha, you were already a rich man." Chen Guiliang gloated.

With this issuance of new shares by ByteDance, Chen Guiliang also expanded the option pool. He awarded options to senior and middle management of the group, senior management of subsidiaries, and a few key employees.

The newly granted options have a lock-up period and cannot be cashed out immediately.

Xie Yang already had stock options, and by cashing out a portion of them during the stock price surge, he was already living a very comfortable life.

In comparison, Youke is not a listed company, so its employee rewards are simpler and more direct—they often just give out cash!
Xie Yang, unfazed by the cold, lay on the rooftop garden smoking: "Sometimes it feels unreal, like a dream. It's only been a few years and things have changed so much."

Chen Guiliang boasted, "That proves I'm awesome. You can't go wrong following me."

"Hehehe, you're the one who should be showing off, I won't argue with you at all," Xie Yang said with a grin.

Xie Yang is no longer concerned about academic qualifications; he has already obtained his EMBA and MBA degrees from Peking University. He also plans to study at CEIBS and Cheung Kong Graduate School of Business.

Xie Yang is keen on reading these things, which seems to make up for the regret of not finishing college.

Chen Guiliang neither encouraged nor opposed him, but only reminded him to be careful.

Firstly, be wary of gold diggers taking advantage of the situation; secondly, be cautious of having your values ​​distorted by business school.

Business schools are often frequented by gold diggers—good-looking, highly educated, somewhat famous, and supposedly career-oriented women. Successful men in their forties and fifties are very susceptible to their charms, and it's not uncommon for one or two to divorce and remarry after being captivated.

As for the experts and professors in business schools, many of them shamelessly fawn over Europe and America and often brainwash students during class!

……

12 month.

As preparations for the first "ByteDance Weibo Night" began, Chen Guiliang looked at the guest list with a mix of amusement and exasperation.

The Weibo follower rankings at this point are quite absurd.

Chen Guiliang undoubtedly has the most Weibo followers. Even before Weibo became popular, he already had nearly a million followers, and this rich list has brought him a large number of new fans.

But who came after him?

Ranked by the number of followers, they are: Yao Dazui, Li Kaifu, Zhao Yanzi, Cai Kangyong, Xie Na, Pan Shiyi, Xiao S, Li Yuchun, Huang Jianxiang, Han Han, He Jiong, Ren Dazui, Chen Kun, Li Chenpeng, Zheng Yuanjie, Lu Taro, Shen Hongfei, Luqiu Luwei... All of them are celebrities who surf Weibo intensively.

Celebrities like Fan Bingbing and Zhang Ziyi didn't even make it into the top 30.

With the popularity of the TV series "Lurking" and his likable Weibo style, Yao Dazui's number of fans has skyrocketed.

Li Kaifu spends his days showing off on Weibo, his speaking style reeking of paternalism. Ten years from now, he'd be universally condemned, but right now, it suits his fans' tastes perfectly. Those who follow him even seem to possess a sense of superiority.

It's not really that surprising that Cai Kangyong and Xiao S both made it into the top ten of the fan rankings.

Think back to the first time Chen Guiliang met Guo Feng. What was Guo Feng doing at that time? He was watching "Kangxi Lai Le"!
These people will all fall from grace in a few years.

"The event should not be called Weibo Night, but ByteDance Night. We should communicate more with Renren, Haiwai, Mtime, and Xiami Music, and not just look at Weibo follower rankings, but broaden the scope."

"it is good."

"The various websites have jointly established a 'ByteDance Night Preparatory Group'."

"Li Kaifu is hard to invite; we've already been rejected once."

"He can come or not, it's up to him."

Mtime.com was ordered to shut down for rectification in October because it contained a large amount of sensitive information.

Chen Guiliang seized the opportunity to acquire the company and revamp its design.

Now, "ByteTime Culture Co., Ltd." has been established, combining with the movie ticketing system created by Chen Hua. Its business scope includes: film reviews, film ratings, film news, movie ticket booking, online seat selection, and more.

We already have a PC version and a WAP site, and we are currently developing an app.

The film and television awards at "ByteDance Night" are selected by editors from Mtime.com, in conjunction with real-time voting from netizens.

ByteDance's subsidiary, Xiami Music, is responsible for selecting music awards.

When organizing an event, there always has to be an awards ceremony.

Although Chen Guiliang dislikes certain people, he will not interfere unless they are involved in a major scandal.

For example, Zhang Ziyi has been involved in so many scandals in the past year that many award ceremonies and celebration parties dare not invite her.

……

Early March.

Statistics on China's mobile phone market in 2010 have been released.

That year, the total sales volume of mobile phones in the Chinese market was approximately 2.65 million units, of which the annual sales volume of smartphones exceeded 4000 million units.

In terms of smartphone market share alone: ​​Symbian camp 45.5%, HarmonyOS camp 25.3%, Android camp 16.1%, Apple system 10.6%, others 2.5%.

The market situation has changed dramatically!

It's important to know that the Symbian camp included not only Nokia, but also Samsung, Sony Ericsson, Motorola, and others.

These major international brands haven't completely withdrawn from the Symbian camp, while simultaneously adopting Android systems extensively. Their phones often span more than three camps.

Take Motorola phones, for example. They spanned four different camps, using Symbian, Android, Microsoft, and China Mobile operating systems. The product line was incredibly chaotic!
Of the 25.3% market share held by the HarmonyOS camp, a staggering 3.5% was captured by Huawei.

Huawei's phones also span three market segments. Relying solely on the low-end contract phone market, Huawei sold over 200 million smartphones in a year.

HarmonyOS Technology is a big winner.

2010年的鸿蒙手机销量为：186万部鸿蒙A1（含电信合约机），149万部鸿蒙A2（发售仅两个月），114万部（发售仅两个月）。

With these three models combined, HarmonyOS phones account for 11.2% of the Chinese smartphone market.

This figure is comparable to Apple's 10.6%—Apple also has three models, but its sales figures include grey market imports.

However, HarmonyOS TianShu and HarmonyOS A2 were released a month and a half later than the iPhone 4. Their actual monthly sales far exceeded Apple's.

Mobile Circle magazine provided an overall evaluation:
"In 2010, smartphone sales in China increased by 80% year-on-year. Symbian's market share plummeted to 45.5%, while HarmonyOS, Android, and Apple's three major operating systems rose strongly, collectively capturing 52% of the market share. It is expected that Symbian's market share will continue to decline next year..."

"It's only a matter of time before manufacturers like Samsung, Motorola, and Sony Ericsson completely abandon Symbian. Their latest smartphones have all abandoned the Symbian system..."

"Apple is becoming increasingly dominant, and its market share has finally broken through 10%..."

"The HarmonyOS camp performed the best, with sales mainly contributed by HarmonyOS, Meizu, Xingyao, Tianyu, VIVP, OPPO, Huawei, and ZTE. Lei Jun announced the Xiaomi phone at the end of the year, but it was not officially released until after New Year's Day, so sales figures are currently unavailable..."

"HarmonyOS TianShu was undoubtedly the king of smartphones in 2010. As a high-end phone with a starting price of 4999 yuan, it achieved a staggering sales volume of 114 million units within two months, overshadowing even the globally popular iPhone 4..."

According to the China Mobile Research Institute, China Mobile's OPhone system is about to release version 2.5, equivalent to Android 2.2. We believe that more and more mobile phones will adopt the China Mobile OPhone system...

"Tencent's mobile phone sales are disappointing, and there are reports that Tencent may abandon its mobile phone manufacturing business..."

These figures, while shocking to the industry, did not actually cause much of a stir.

After all, everyone was already mentally prepared.

Until a post on Tianya went viral and quickly spread to other social networking sites.

The post was titled: "Who remembers what Chen Laozu said last year? He said Nokia would inevitably decline!"

People then suddenly realized that Chen Guiliang had been right all along.

This issue is being discussed both online and offline.

-

(I went home in the afternoon and slept until evening.)
(End of this chapter)