My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 94 A New Richest Man is Born! Wall Street Goes Completely Crazy!
After Zhang Qiang left, Chen Feng leaned back in his chair, tapping his fingers lightly on the table.
"You have to treat everyone fairly," he muttered to himself.
The executives of Fengtian Technology achieved financial freedom through the IPO, and Zhang Qiang also received stock options from Fengchi.
In contrast, Legend Networks, the group's biggest "cash cow," has yet to have a clear equity incentive plan.
Although Su Qing never mentioned it, Chen Feng knew in his heart that his subordinates would inevitably feel a sense of loss when they saw their brother companies getting rich one by one.
Thinking of this, he pressed the internal phone to notify his new secretary, Zhang Ying, and asked her to call Su Qing upstairs.
Since Gu Qingcheng went to Fengtian Software to take charge on her own, Zhang Ying has taken over the important task of being the president's secretary.
She is efficient, quick-thinking, and learns quickly.
A moment later, Su Qing knocked on the door and entered.
"Mr. Chen, you wanted to see me?"
"sit."
Chen Feng smiled and pointed to the sofa opposite him, personally pouring her a glass of water. "I've seen the data for 'Miracle MU' recently, and it's very impressive. After two months of paid operation, its revenue is almost half that of 'Legend of Mir.' You deserve a lot of credit."
Su Qing quickly bowed and said, "President Chen, you flatter me. This is all thanks to the team."
"Those who have made contributions should be rewarded."
Chen Feng got straight to the point, "I see that everyone is very motivated after Fengtian Technology went public. Although Legend Network is not going public for the time being, it still needs to receive the necessary incentives."
"I have decided to set up a 10% option pool, with an initial release of 5%, to reward the company's core executives and key employees."
Su Qing suddenly raised her head, her eyes filled with surprise.
As a veteran who followed Chen Feng from the beginning, she knew all too well the significance of that 5%.
The two blockbuster games, Legend and Miracle, generate huge profits every day. Even with only 0.1% of the shares, the annual dividends are an astronomical figure.
This is much more attractive than simple salary and bonuses.
"Thank you, Mr. Chen!"
Su Qing's voice trembled slightly, "Thank you on everyone's behalf! With this, the team's combat effectiveness will definitely reach a new level."
"Okay, you draft the specific allocation plan, submit it, and I'll sign it."
......
With the implementation of the Legend Network stock option incentive plan, the entire company is energized and their work enthusiasm is at an all-time high.
Time flies, and the end of the year is just around the corner.
This is destined to be an eventful year for the Chinese business community.
The Hurun Rich List and the Forbes Rich List were released one after another.
This year's list has undergone a complete transformation.
The Liu brothers, who once dominated the rankings, saw their rankings plummet after splitting up their family business.
Although the Rong family remains strong, it can only be relegated to a secondary position.
The top spot is firmly held by one name – Chen Feng.
The result was a foregone conclusion, yet it still caused a huge sensation in society.
The Hurun Rich List gives a figure of 293 billion yuan.
The Forbes rich list is even more aggressive, estimating the value at $33.5 billion (approximately 268 billion yuan).
Although the data on the two lists differ slightly, the conclusion is the same: Chen Feng's net worth is not only far ahead of the second place, but also more than the sum of the other four in the top five!
This is an absolute crushing defeat.
Faced with this astronomical figure, the Chinese people were shocked, yet felt it was only natural.
After all, as a rising star on Nasdaq, Fengtian Technology's stock price has remained strong.
The 51% stake held by Chen Feng alone is worth over 180 billion yuan.
Add to that the legendary online gaming platform that rakes in huge profits daily, and the Fengchi electric vehicle company that monopolizes half the market...
Furthermore, professional financial analysts have pointed out that these two lists severely underestimate Chen Feng's hidden wealth.
"Don't forget, Chen Feng also holds core shares in companies like Tencent, NetEase, and BYD. Although some of them are not yet listed and some are undervalued, these are all future gold mines."
"Conservatively estimated, Chen's true net worth is at least 300 billion!"
The online discussions were even more heated.
"My God, over 20 billion? And some experts say the actual assets exceed 30 billion? That's outrageous!"
"What does 30 billion mean? Even if you won the lottery five million every day, you'd have to win for sixteen years to accumulate that much!"
"Forget about the principal, just the interest from depositing it in the bank would amount to over a billion yuan a year. There's no way you could ever spend all that money, you really couldn't."
"And have you noticed that Chen Feng's assets are far ahead? The combined assets of the next four in the top five probably wouldn't even equal his. Is this what they call 'one superpower and many strong contenders'?"
"Don't forget, only Fengtian Technology under his name is listed. If Legend Network and Fengchi Electric Vehicles were also listed... I don't even want to think about it."
"Indeed, this new richest man's position is unlikely to be shaken by anyone for the next ten years."
......
As the list gained traction, discussions about Chen Feng's assets continued to circulate widely.
Chen Feng, at the center of the storm, remained unusually calm.
Faced with a flood of interview requests, he instructed his secretary, Zhang Ying, to decline most of them, leaving only an exclusive interview with the China Finance Daily.
After all, it's an old acquaintance, Hu Rui, and this media outlet is authoritative enough.
The CEO's office was filled with the aroma of tea.
"Mr. Chen, it's been a long time."
Hu Rui, still dressed in a smart business suit and smiling broadly, said, "When I interviewed you six months ago, Fengtian Technology had just gone public. Now the stock price has broken through $32, and your net worth is approaching 30 billion, making you the richest person in China. This achievement is truly amazing."
Chen Feng took a sip of tea, his expression calm: "It's just that times make heroes. After China joined the WTO, its economy took off, and I just happened to be standing at the right moment. This wealth is more of a dividend given by the times."
"As for the title of the richest man, I've said before that it's just an empty title. What I enjoy more is the process of growing the company and making good products. That sense of accomplishment is more real than the numbers in my account."
Seeing that Chen Feng still maintained this rare clarity of mind, a hint of admiration flashed in Hu Rui's eyes.
She opened her interview notebook and got to the point: "We noticed that in addition to your existing major industries, you recently registered a new company called Fengtian Software. People are curious about what this company's main business is. Is it entering a new field again?"
Chen Feng smiled and began to recount the little incident.
"Actually, the reason is very simple. A while ago, when I went back to my hometown, my driver didn't know the way and almost got lost on the country roads. At that time, I thought, wouldn't it be much more convenient if there was an electronic navigation software that could put the map into the device?"
"After I came back, I felt that this pain point was worth solving, so I founded this company to specialize in electronic map and navigation development."
Hu Rui was stunned.
Is starting a company just to solve a problem because you got lost once? Is this the kind of boldness a billionaire should have?
After calming herself down, she continued, "So, are there any plans to launch Legend Network and Windspeed electric vehicles in the near future?"
"Not at the moment."
Chen Feng answered decisively, "Both companies have ample cash flow and currently do not need capital injections from the secondary market. Going public requires a natural progression, and the timing is not yet ripe."
Hu Rui nodded and then posed the final, crucial question.
"Mr. Chen, your investment portfolio spans instant messaging (Tencent), portal websites (NetEase), and e-commerce (JD.com). Does this mean you believe the internet winter is completely over? What are your views on the future of this industry?"
Chen Feng put down his teacup, his gaze becoming profound.
"Winter? I think that's just the prelude to spring."
"While I cannot predict the future, the data does not lie. The number of Chinese internet users and computer penetration rate are growing at an astonishing rate, which means that a huge online market is forming."
"Tencent connects people, NetEase connects information, and JD.com connects goods. I am optimistic about them because I am optimistic about the future of the Chinese Internet."
"The current trough is the last moment before dawn. As long as we get through it, the future will be bright and promising."
Although these judgments mostly stemmed from the thoughts of his son, Chen Xiaotian, when they came out of Chen Feng's mouth, combined with his status as the richest man, they acquired a certain "prophetic" authority.
The interview lasted for an hour.
A few days later, the report was released.
Chen Feng: The Spring of the Internet Has Arrived; Now Is the Best Time to Enter!
This article acted like a shot in the arm, instantly igniting the entire tech world.
In an era when everyone was still worried about making a profit and felt confused about the future, the endorsement of the richest man was undoubtedly the strongest support for confidence.
As countless entrepreneurs and investors looked at the newspapers, the flame of hope was rekindled in their eyes.
Confidence is sometimes more important than gold.
......
1 month 1 number.
The New Year's bell rang, and 2003 arrived as scheduled.
Just after New Year's Day, Fengtian Technology submitted its annual report to Nasdaq.
The release of this financial report instantly set Wall Street ablaze.
In 2002, Fengtian Technology's total sales of MP3 players reached 530 million units!
Among them, the high-profit F series shipped 225 million units, while the high-volume T series shipped 305 million units.
Annual revenue exceeded 10 billion RMB, and net profit was an astonishing 27 billion RMB!
What drives investors even more crazy is that Fengtian Technology's global MP3 market share remains at an astonishingly high level of over 85%.
Although Apple's iPod sales have rebounded somewhat after becoming compatible with Windows, it can only remain a follower in the face of Fengtian Technology, which has already established brand power and ecosystem barriers.
As for newcomers like Lenovo, they are mired in copyright issues overseas and pose no threat whatsoever.
This perfect performance directly triggered a surge in the stock price.
On the day the financial report was released, Fengtian Technology's stock price surged 22%! It rose another 15% the following day!
Over the following week, the candlestick chart was almost a steep straight line.
The stock price soared from $32 to $50, and the total market value broke through the $70 billion mark!
As the tide rises, so does every boat; Chen Feng's net worth has also undergone a nuclear fission.
Based solely on his holdings of Fengtian Technology shares, his paper wealth exceeds US$37 billion (approximately RMB 300 billion).
If other unlisted assets are included, outsiders estimate that his true net worth has already exceeded 400 billion RMB.
How long has it been since the rich list was released?
The speed at which this wealth is growing is even faster than a money printing machine!
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