2003: Starting with Foreign Trade

Chapter 679 The First Gain from the Investment

The next morning, after getting up and having breakfast, Tan Jincheng went to work.

He patted little Tan Jinyue's head and said, "I'm leaving now. Be good with your sister and remember to take care of her, okay?"

"I know, I know, my sister is pregnant, so I can't let her bump into something and fall."

In the past, little Tan Jinyue always called Gu Qingqing "sister," and even after getting married, she couldn't change that, so she just stuck with it.

Tan Jinyue, who is now over five years old, is no longer the little girl who couldn't speak clearly. It's still funny when she says "zhidao zhidao" and imitates adults by shouting "you little juice".

"Good to know. Your parents will be here this afternoon. They will take you back to your hometown to see your grandparents. Tell us about any fun things you find."

"Yeah."

Little Tan Jinyue clapped her hands happily and said, "I can go to a new place again, and I don't have to go to school."

They exchanged a smile, thinking how easy it was to coax a child.

"I'm going to work. If you need anything and can't get through to me, call Brother Li."

"Don't worry, it's alright. Sister Liu is here."

"Alright, I'm off then. Goodbye, Jin Yue!"

"Goodbye brother!"

Tan Jincheng went to the city for a stroll today. Waiting around like this isn't going to work, and he's very busy as the year draws to a close.

Watching her husband walk away, Gu Qingqing took her sister-in-law's hand and said, "Let's go too. Let's go back to the room and help you pack your luggage until Mom and Dad arrive."

Tan Jinyue was overjoyed. She couldn't remember much about her grandparents, but she did have some fragmented memories of running around in the countryside. In short, it was a lot of fun.

They still had quite a bit of luggage. The two of them, who hadn't originally planned to stay any longer, decided yesterday to stay a few more days because they were going to the countryside again, so they needed to make sure they were dressed warmly.

I don't know if my parents took extra care of me.

"Sister, I want to pack myself."

Back at the hotel, little Tan Jinyue volunteered. Gu Qingqing smiled and tapped her nose: "Now that you can go out to play, you don't need your older brothers and sisters anymore, right? Okay, let's see if you can pack up by yourself."

It has to be said that Gu Qingqing sometimes really envies children. When she was born, her brother had already started doing business, and by the time he got a little older, he had already accumulated some wealth.

If it's just about economics, she's not much different from other children. But since she was little, her brother has raised her like a daughter, even taking her to work with him.

This kind of care is something many children don't receive. The change in her brother's status meant that she, already the youngest in the family, received even more love and attention.

Gu Qingqing is the only daughter in her family, but her parents were busy with business when they were young and knew the importance of this kind of care. With her mother taking care of her full-time and her brother's love, Tan Jinyue's childhood was happy.

This is a sense of security. To some extent, Gu Qingqing fell in love with Tan Jincheng because of the sense of security that came from his maturity, which made up for the loneliness she felt when she came home from school as a child and the house was empty.

Little Tan Jinyue excitedly packed her little suitcase, while Gu Qingqing sat on the sofa watching.

Her phone kept buzzing with messages, some from work, others from Tan Jincheng. Gu Qingqing kept replying to the messages as she fiddled with her phone.

This is the Apple 3GS, which was officially released in early June this year. According to my husband, this Apple 3GS is almost as good as an excellent smartphone, and it also has several mini-games developed by Orange Technology.

The phone has only one button, the screen is very smooth, and there are several mini-games developed by Orange Technology on the phone. Jin Yue's favorite game is Talking Tom, which she also quite likes.

In April of this year, Happy Farm set a record of 30 million concurrent online users, a truly remarkable achievement. Orange Technology's stock price even surged as a result of this data.

Orange Technology even considered increasing its investment in Happy Farm during this period, but was stopped by Tan Jincheng.

"After the peak comes the decline. There is no need to increase investment. Happy Farm has basically fulfilled its mission for Orange Technology."

In fact, when the peak number of online users reached 3000 million in April, Tan Jincheng had already intended to sell Happy Farm. If it weren't for the need to maintain the stock price, he probably would have sold it then.

Orange Technology is currently developing both web games and mobile games in its gaming business, but its future focus is definitely on mobile games. Future web games will not be like Happy Farm, but rather the kind that quickly make money in a short period of time, like those endorsed by Nick Cheung.

For Orange Technology, Happy Farm is no longer of much significance. Independent websites can attract users with mini-games, but in the long run, the number of users they can attract is limited.

Essentially, Kaixin001 is more similar to Facebook, and its future direction should be towards developing into a social app. With the iPhone 3GS already released, it's time for Kaixin001 to transform. Selling Happy Farm at its peak is a good way to do so. While Happy Farm's strategic importance to Orange Technology has diminished, it remains very useful to QQ Zone.

Do you think Tencent will really buy our Happy Farm?

With nothing else to do, Gu Qingqing chatted with Tan Jincheng on her phone. Tan Jincheng wasn't busy at the moment either; the leaders were still in a meeting, so he was waiting in the lounge.

"We will buy it. Happy Farm is very useful for QQ Space. We can do a lot of things after we get this money. The business of Kaixin.com must be transformed. The era of smartphones is coming soon, and it will be more convenient to access the Internet on mobile phones."

Orange Technology is not like the small game Happy Farm that was developed in the past, which was acquired by Tencent for a few million yuan. Based on the user data and traffic that Happy Farm brought to QQ Space, it could easily sell for one or two hundred million yuan.

"Should we have Mr. Cheng contact Tencent? It's almost the end of the year, so if we're going to sell, we should do it sooner rather than later."

"Sure, you don't need to worry about that. I'll talk to Cheng Hao tonight and have him contact Huang Xitong."

It's said that Tan Jincheng has been keeping a close eye on Huang Xitong, but QQ Space is currently at its peak and has extraordinary strategic significance for Tencent, making it too difficult to poach him.

Just like how Boss Ying wanted to poach Xia Bing, the sales manager of BYD, it was basically impossible during the peak of their careers, but they could still maintain contact.

Like our Lei Jun, who waited for Gionee for several years, but it was all worth it.

"It's alright, there's nothing else going on here anyway, I can talk to him; by the way, didn't Mr. Li from Yiche say yesterday that their company is going to go public?"

It was too late yesterday, so the two of them didn't talk about this topic, but they've remembered it now.

It's quite exciting to say, this is the first company invested in by ByteDance's advertising platform to go public. It's true that internet companies always dream of going public, no matter what the circumstances.

From an investment perspective, Yiche's valuation actually decreased in its fourth round of financing. The same shares raised $1360 million in the third round, while the RMB exchange rate was above seven yuan at that time.

However, neither raising funds nor going public is not an option anymore. After three rounds of financing, most internet companies will fall back into difficulties if they do not go public as soon as possible. This is the biggest problem facing internet companies.

The fact that Yiche has launched its fourth round of financing essentially means that its funds are no longer sufficient. The automotive industry has been so booming in the second half of this year that even vertical automotive websites like this have to increase their investment.

The reason why Bitauto, which has only raised funds for six months, is so eager to go public is the funding problem brought about by business expansion.

"Yes, this is the fastest return on investment we've ever made for ByteDance's advertising platform."

Following the pattern of the previous life, Bitauto successfully went public. The subprime crisis severely impacted American industry, especially the automotive industry, but its influence on the internet only lasted for one or two years.

The launch of the iPhone 4 also brought new life to a number of internet-based companies.

Apple is considered a groundbreaking product not only because it has had a significant impact on the mobile phone industry chain, but also because it has given a new lease on life to a host of internet companies, especially domestic ones.

"Hehe, how about we invest some of our funds in Hong Kong in domestic internet companies?"

"Let's talk about that after you give birth. For now, let's just buy stocks. It'll save us trouble and we won't have to worry about it."

After a period of reduction, the original target of 1200 million BYD shares held has been cleared out, yielding a total of HK$8.778 million.

Besides the remaining 49.71 shares, Tan Jincheng made HK$7.583 million from Mr. Wang in the past year, making a fortune.

It's unknown what Mr. Wang was thinking when he saw the disappearance of Jinqing Investment in the fourth quarter financial report.

After chatting with Gu Qingqing for about twenty minutes, the leadership meeting with Tan Jincheng was over.

"Is this Mr. Tan? I'm sorry to have kept you waiting. I'm Wu Rong."

The visitor was the first deputy director of the Binhu New Area Preparatory Committee, in charge of the work of Binhu New Area. The Jinshidai Industrial Park will be entirely incorporated into the Binhu New Area in the future.

"Hello, Secretary Wu, I am Tan Jincheng."

Tan Jincheng hurriedly went to greet him. Many industries will be located in Binhu District in the future, and this is probably the person he will have the most contact with. This is the first time they have met.

"Sit down, sit down, don't be shy. I've heard of you before and even seen you in the media. I didn't expect you to be even younger than I imagined."

Wu Rong calmly sized up Tan Jincheng. He had heard from his secretary that Tan Jincheng had been there for about half an hour, but he remained calm despite the long wait. He seemed to be a humble young man, just as the rumors had described.

That's good. What Wu Rong feared most was facing a young man whose personality was unpredictable, whose background was not small, and who had a large share of investment in the city.

(End of this chapter)