Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 701: The Second Internet Conference

Liu Qiangdong's words were like a thunderclap, shaking Lei Jun all over.

He subconsciously looked around to make sure the crowd was still far away, then he relaxed his tense nerves a little, but still lowered his voice and said: "Qiangdong, be careful with your words! Some things are better left unsaid, why bother..."

Liu Qiangdong took out a crumpled speech manuscript from the inside pocket of his suit, the edges of the paper were curled up.

"I saw some of the things Chen Mo was doing. I have been holding back these words for years, but I have to say them this time."

He handed the manuscript to Lei Jun and said, "This is the speech I prepared for this Internet conference. Please take a look."

Lei Jun took the manuscript, his eyes moved quickly across the paper, and his expression gradually became solemn.

"Have you really thought it through?" There was a rare hesitation in his voice.

Seeing the usually calm Lei Jun's reaction, Chen Mo grabbed the manuscript and fell silent as he read it.
For a while, the only sound echoing in the field was the roar of machinery from the construction site.

"The more you two know my character, the better my career has developed in recent years. I have seen more and more things, and there are some things that I really have to talk about. Especially when I heard that the senior leader would come to give a speech in person this time, it is a rare opportunity.

As for the fact that the situation is not that serious, it is nothing more than telling a few truths.

Just like Mr. Mo, the quality of The Monkey King: Return of the Greatest Sage is obvious to all, but what about the overseas box office? Mr. Mo, your team must have expected this before.”

Seeing Chen Mo nod, Liu Qiangdong's eyes became more determined, "So for some things, someone has to try."

"Aren't you afraid that I'll steal your limelight?" Chen Mo suddenly interrupted, with a faint smile on his lips.

Liu Qiangdong laughed when he heard this and patted Chen Mo's shoulder heavily, "You can really do it! But this time, let me go first."

He looked at the construction site in the distance, and his tone suddenly became deep, "Xiao Mo, even though you are an orphan, at least you have enough food and clothing. You have never been hungry, and you have never suffered any hardship.

I am different. My ancestors were prosperous, but later fell into poverty. I went hungry and suffered a lot. After much hardship, I came to Beijing and although I had some opportunities for career development, now I think about it, I chose sociology as my major in college. I thought these courses were useless at the time, but now I understand them more deeply.

So even though I’m rich now, I dare not forget my roots.

This time, it will be better for me to say it than for any of you to say it."

"But."

"Someone has to take the lead." Liu Qiangdong interrupted with a wave of his hand, his laughter revealing a bit of contempt for the world.
"Even if it can only bring a little change, it's worth it! Even if it fails, at least I have paved a way for you.
Our existence will always make this society a little better, and that’s enough.”

His eyes wandered over the faces of his two best friends, "It's only because we three have similar interests that I would say these heartfelt words."

If people like them make up their minds, they will basically not be swayed by other wills. Seeing that Dong Ge has made up his mind, Chen Mo has begun to consider the possible consequences.

Chen Mo slowly said, "Do you remember how you played on the show before?"

"Ok?"

"Brother Dong will lead the charge, I will provide cover, and Brother Jun will assist."

Lei Jun also nodded in approval and put forward his own opinion, "See how to express opinions and get out of this unscathed, and find a win-win solution."

"Is it settled then?" Liu Qiangdong stretched out his right hand.

Seeing this, Chen Mo and Lei Jun looked at each other and stretched out their hands, "It's settled!"

Three strong hands clasped tightly together in the sunshine.

Although it is not the Peach Garden Oath, there is a sense of pride and pride in Tengyuan at this moment.

"Let's go, the town government's car has arrived."

As agreed before, the locals will host a banquet for these three Gods of Wealth at noon. After all, the town is now undergoing a lot of construction, and three colleges have been completed. Beiqiji Town can be called a university town.

At the luncheon, local officials were puzzled to find that the three entrepreneurs were preoccupied with the food on the table.
This made the officials who hosted the event feel uneasy, thinking that they had failed to entertain the guests well enough.
In July 2014, "e-Zhubao" was officially launched, using the "A7P" (Asset to Peer) model as its selling point, claiming that borrowers are all financial leasing companies, the underlying assets are physical equipment, and investors can purchase debt claims through the platform to obtain returns.

Its annualized rate of return is generally as high as 9%-14.6%, far exceeding bank wealth management, and quickly attracted a large amount of capital inflow.

However, as time went by, E-Zhubao's yield increased instead of decreased, with the average interest rate gradually climbing to around 20%, far exceeding the reasonable level of the industry.

At the same time, the platform spent money frantically on marketing, placing advertisements on television, subways, building elevators, the Internet and other channels, striving to create an image of "safe, formal, and high-yield" to further boost investor trust.

As of December 2015, e-Zhongbao's cumulative transaction volume had exceeded 12 billion yuan, with over 750 million registered users, making it one of the largest P490P platforms in China.

However, behind the false prosperity, undercurrents have already been surging.

On December 12, Ezubao suddenly collapsed. The economic investigation department conducted a surprise inspection of its office and found a large number of fake targets, fund pool operations and other fraudulent evidence, confirming that it was suspected of illegally raising more than 3 billion yuan, involving 500 investors, and the amount of unpaid funds exceeded 90 billion yuan.

Five days later, the police officially opened a case for investigation, the platform’s executives were taken into custody, the website was closed, and the Ponzi scheme completely collapsed.

The collapse of Ezubao was like the first domino, triggering a chain reaction, and several large P2P platforms were successively exposed for illegal fundraising problems.

Just when the Internet finance industry was in turmoil.

On December 12, the second World Internet Conference was held as scheduled. This event was unprecedented in scale, with more than 16 Internet leaders, well-known entrepreneurs and top scholars from all over the world gathered together. The main venue was packed, and the air was filled with the atmosphere of expectation and opportunity.

On the stage, the leader is delivering an opening speech.

Below the stage, in the middle of the third row, Chen Mo straightened his back, and the pen in his hand moved quickly across the notebook, making a fine rustling sound.

In the eyes of people around him, this upstart tech star now looks like a college student who is listening attentively in lecture.

Chen Mo knew clearly that this was related to the direction of China's Internet industry in the next few years.

If the big ship of Bi'an Group wants to sail steadily and far, it must listen carefully and follow the trend.

He recorded and summarized at the same time.

In the subsequent agenda, after taking class notes, although Chen Mo seemed to be fully focused, his mind had already wandered, and he remembered that he had read the speech.

Even after several revisions, even the fearless Chen Mo was a little worried at this time. No one could predict what kind of waves it would cause.

Everything depends on the day after tomorrow.

At 1:30 p.m., the "Internet +" forum kicked off, and the first topic was "Innovation and Development of Internet Finance."

The dean of PBC School of Finance took the stage first to analyze the industry prospects and challenges.

Then, Ant Group Chairman Peng Lei stepped onto the stage and spoke in a resounding voice, a woman who is as capable as a man:

“.Innovation inevitably comes with costs, and the only way to address these costs is to continue to innovate.

It can only be solved through innovation, but true innovation must be done without anyone leading the way.

There is no ready-made path for true innovation. It requires pioneers to take responsibility, because mistakes are inevitable in the innovation process. The key is not how to avoid mistakes, but whether you can correct them in time and continue to improve after making mistakes.

The so-called "innovation" that pursues zero risk is actually stifling the spirit of innovation.

In the financial field, excessive pursuit of risk aversion is often the biggest risk.

We must recognize that there is no innovation without risk.

The core challenge facing the financial industry today is to break the shackles of traditional thinking patterns."

Regarding the future development direction of finance, she proposed three key dimensions: "First, the future financial system must be based on credit rather than relying on the traditional mortgage and guarantee model.

Secondly, we must focus on developing inclusive finance so that financial services can cover a wider range of people;
At the same time, we should promote green finance and support sustainable development; we should also build a more resilient sustainable financial system.

In summary, Internet financial innovation has ushered in the 'golden age of inclusive finance'.

This is not only a subversion of traditional finance, but also a new starting point for financial services to the real economy.

Let us embrace change with an open mind and plan for the future with a forward-looking vision. The golden age of inclusive finance has arrived. The key lies in whether we can seize this historic opportunity.

This golden age belongs to those pioneers who can deeply integrate technological innovation with the essence of finance.

The winners of the future will be those who start restructuring the value chain today."

Below the stage, Lao Ma nodded slightly, feeling pleased but with a hint of regret. He was still too conservative and only exerted one-third of his strength.

However, Chen Mo, who came specially to listen in, frowned more and more the more he listened.

Each of Peng Lei's words sounded fine when read separately, but when put together, his brows furrowed.
"I need to revise the manuscript for tomorrow's speech," he thought to himself.

Although his remarks were not as sharp as Liu Qiangdong's, they also directly pointed out the P2P crash and the chaos in Internet finance.

Firstly, this fits with the sharp personality he showed on this occasion last time; secondly, it can also share the firepower with Brother Dong and plant expectations in the public's mind in advance.

Just like every time a major event happens, there are always reports about “the dire situation abroad”, it is a good thing to shift the focus in advance.

The first day of the conference was calm.

In the morning, the leader’s speech set the tone;
In the afternoon, sub-forums were launched one after another, such as Ant Group's Peng Lei talking about Internet finance, Bian's CTO Xu Chaojun talking about network security, Tencent's Liu Chiping talking about resource model integration and innovation, etc.

That night, the official media reported a peaceful atmosphere:
Guangming Online: "A keynote speech highlighting the "Chinese attitude""

Chinanews.com: "The Second Internet Conference: China demonstrates its responsibility and commitment as a major country"

Foreign media: "China is building a cyber power, Wuzhen will become the "Davos" of the Internet industry"

However, some financial and technology media also reported Peng Lei's article. Due to the previous P2P collapse, the public is very sensitive to this content, as if a nerve was touched. Anything related to digital finance is P2P, which means it is a scam.

Lao Ma flipped through the reports and silently edited the draft of his speech for the next day. He had to speak out on this occasion to let the public know that what Ant was doing was by no means a low-level scam like P2P, but true inclusive finance, paving the way for subsequent development.

Coincidentally, in a room not far away, Chen Mo was also writing furiously, adding some new insights to what he had heard today.

Ripples appeared on the river surface of Wuzhen, and the wind gradually picked up.
(End of this chapter)