Rebirth of the Wild Age - chapter 673
The news of Pei’s return to China soon spread, and even the Ark Building, which has not yet started, became the focus of domestic media attention.
At the same time, Shi Yuzhu recruited a group of game developers to personally participate in the creation of his “Journey”.
The technical person in charge of the “Zhengtu” project is Shang Jing, who previously participated in the development of Jinshan WPS, worked as a technical assistant for Rebs, and developed the online game “Fengshen Bang” in Jinshan. In another time and space, this person will be poached by Sohu this year to participate in the establishment of Sohu Changyou’s predecessor Firefox Studio, and after developing “Dragon Babu”, he will jump to start a business-go around for many years, and finally return to Rebs. , Served as the vice president of Xiaomi.
But now, Sohu and Sogou have long cooperated to establish Sopai Changyou, and “Tianlong Ba Bu” has been developed for more than half a year. Shang Jing, who wanted to seek greater development, was directly poached by Shi Yuzhu, and most of the Agni Huo studio was taken away from Jinshan.
Rebs is also a good person. He doesn’t resent the subordinates who quit, even if these subordinates are in a state of “competition” with Jinshan after they leave.
Even for some of the subordinates who quit their jobs to start businesses, Rebs will privately pay for angel investments. The money Rebs used for investment was derived from the sale of Joyo’s shares, which gave birth to many successful companies, which were later regarded as “Xiaomi” companies.
Shang Jing’s wife later jumped to start a business, and successfully received a 210,000 yuan investment from Rebs. This company acquired Xiaomi’s MiChat business five years after its establishment, and the two parties jointly established Xiaomi Mutual Entertainment. Shang Jing finally ran back to become the vice president of Xiaomi, because his wife was pregnant, he was called by Rebs to take over as his wife.
What does Shang Jing say, good luck and bad luck.
He is an old man and important minister of Jinshan. It stands to reason that he was able to obtain equity incentives, but he switched jobs before Jinshan went public. He is one of the two founders of Sohu Changyou, but he started his own business before Sohu Changyou went public. The web game company he founded later developed well, but it withdrew before Tencent injected capital. The online game company he founded was a smash hit, but shareholders evaded power, and the good CEO was sent to the director department to study. After studying, he was assigned to the film and television department. This department was specially built for him as a bodhisattva. As a result, he led the investment in “Painted Skin” and gained both fame and fortune, but was eventually squeezed out of the decision-making level.
Fortunately, Shang Jing married the right wife and was able to come back to take over as the vice president of Xiaomi when his wife was pregnant…
Shi Yuzhu personally participated in the planning of “Journey” after poaching Shang Jing and his team away. He left the company to his confidant, turned off his mobile phone, cut off contact with the outside world, and lived in isolation for a year.
The mission system and detailed gameplay of “Journey” may have been made by the studio at the beginning, but the final product was made by Shi Yuzhu. After each stage of the game, Shi Yuzhu will personally lead people to play the semi-finished products, and write down all the unsatisfactory points, and let the studio modify them according to their own ideas. He has integrated his many years of selling health care products into the game, making local players go crazy and throwing money, so that ordinary players can also enjoy it.
…
After dealing with matters on the capital side, Song Weiyang immediately prepared to fly to Hu Jian to attend this year’s Taurus Club members gathering.
Unexpectedly, Deputy Dean Zhang of the Guanghua School of Management of Peking University, who has had several connections, suddenly found Song Weiyang, his personal phone number, which was exchanged during the CCTV annual economic figure awards ceremony.
Nothing else, Vice President Zhang is just acting as a middleman, Du Xia, the boss of the family world, wants to invite Song Weiyang to dinner.
This face is really hard to deny, because Deputy Dean Zhang is a well-known domestic economist, and he will be promoted to the Dean of the School of Management of Peking University in the future, and he had a good chat with Song Weiyang before.
Inside the courtyard.
Du Xia wore trousers and a shirt, and a pair of glasses. He was short and chubby, with the qualities of a scholar and a businessman.
After a simple greeting, Du Xia said, “Mr. Song, I’m so sorry. I originally invited you to dinner, but now you invite me to dinner. I will definitely make up this meal if I have the opportunity.”
“Mr. Du is polite, the friend of Dean Zhang is my friend of someone in Song. Everyone is our own, why do we need to say two things,” Song Weiyang said a few polite remarks and then laughed, “not to mention , We are also partners, Xifeng also asks Mr. Du’s supermarket chain to sell products.”
Du Xia smiled and said: “Where and where, we are a retail chain, and we should be grateful to a big brand like Xifeng.”
The two touted each other and talked about the scene, Song Weiyang smiled and didn’t worry all the way, he wanted to see when the other party could go around.
Du Xia is not an ordinary small boss, but one of the top ten millionaires in the “Forbes China Rich List” last year.
This person used to be a scholar, studying economics, and went to sea to do business in the 1980s. By 1990, when he was speculating in foreign exchange on the Hong Kong Stock Exchange, he had lost all the money he had earned over the years. Immediately he went to Qiongdao to speculate on the land. With the keen sense of economists, he got away perfectly half a year before the Qiongdao real estate crash, and then took the money back to Jinmen to do real estate.
The operation during the real estate period has always been a mystery, but he insisted that he “every penny earned is clean”, and even used this as a gimmick to seek listing in the past two years.
In the mid-1990s, Du Xia began to gradually abandon the real estate development business and started retailing of building materials related to real estate. He was born as an economist. Unlike ordinary mud-legged entrepreneurs, he first went abroad to investigate and brought back the Western retail industry. Therefore, some people call him “the father of China’s modern retail industry.”
After 2000, Du Xia turned his energies to the retailing of daily necessities, more generally speaking, to open supermarket chains.
Before 2004, Du Xia was very cautious in his investment, and often satirized those engaged in diversified operations and those desperately expanding and opening stores, believing that these people are speculators and simply cannot stand the test of time. He insisted on working step by step, using North China and Northwest as his main positions, avoiding first-tier cities, and spreading out in second and third-tier cities in the north. He declared that he would never cross the Yangtze River south before 2008.
In this way, relying on being a retail chain, Du Xia finally ranked among China’s top ten richest people last year.
It smells so good!
Du Xia also failed to escape the law of true fragrance. Seeing foreign supermarket brands conquering cities in China, he felt a sense of crisis that he would not wait for him. So starting last year, Du Xia madly added new chain stores and replaced most of his executives with foreigners, declaring that he would build an international team.
The capital chain began to collapse, and the reputation of the chain brand began to collapse…
How could a scholar-entrepreneur who was once extremely cautious make such a fatal mistake?
Because Du Xia suddenly wanted to use the power of capital, all his crazy actions were to seek a listing on the Hong Kong Stock Exchange. As long as the company can be listed, the capital chain is not a problem, word of mouth is not a problem, he can completely correct it with his ability, and the success rate of listing is almost 100%, it is very likely to build a retail empire in China-he wants to be China Version of Wal-Mart.
Just when everything was ready, and the Hong Kong Stock Exchange was about to pass the listing application, the China State Administration of Foreign Exchange suddenly issued a document requesting the approval of the three stages of red chip listing.
Du Xia almost wanted to cry without tears. He did everything, but he couldn’t count it. The SAFE actually closed the door to the red-chip listing!
Drinking a little wine in the courtyard, Du Xia and Song Weiyang babbled for a long time, and finally couldn’t help but turn to the topic: “Mr. Song is interested in investing in the retail industry?”
Song Weiyang sipped the fairy wine and asked with a smile: “Why, Mr. Du’s company wants to raise money?”
Du Xia said in a high-sounding voice: “If the retail industry wants to expand, it must have sufficient funds. Originally, I wanted to go public for financing, but the SAFE suddenly restricted the Hong Kong Stock Exchange’s red chips, so I could only seek through other channels. Funding assistance. In terms of doing business, I am definitely not as good as Mr. Song in other places, but when it comes to retail chains, I believe that no one in China dare to recognize the first! When I opened my first supermarket, it took three months During the trial operation period, sales reached 100 million yuan. In the first year I opened a supermarket, I built 15 chain stores, and the net profit reached 78 million yuan! If I have the financial help of Mr. Song, I will also have a lot of money in the retail industry. With operational capabilities, within ten years, a Wal-Mart belonging to China can be created!”
Song Weiyang put down his wine glass and said with a smile: “I heard that most of the managers of Mr. Du’s company have been replaced by foreigners? Let foreigners manage Chinese supermarkets, I am afraid it is a bit unacceptable.”
Du Xia immediately slapped her chest and promised: “Inviting foreigners to serve as the company’s top executives is all for the purpose of hype. As long as Mr. Song is willing to invest, I will fire all those foreign devils when I go back. They don’t understand the fart in China, and they can only eat dry rice when they stay. .”
Song Weiyang added: “Your company has been exposing all kinds of negative news since last year. It seems that there are many management problems. Moreover, the speed of opening new stores is too fast. I can hardly imagine where to find so many branches. Manager, wouldn’t it be hired casually?”
Du Xia once again promised: “As long as Mr. Song is willing to invest, I will close half of the stores opened in the past year! Those new stores are also opened for listing.”
Song Weiyang asked, “What is the relationship between Dean Zhang of Peking University and you?”
Du Xia smiled and said: “I have been with his old friend. Since 2001, he has been an independent director of our company.”
“It’s no wonder that Dean Zhang is going to be an intermediary to help with dinner appointments,” Song Weiyang suddenly realized ~www.mtlnovel.com~ and asked with a serious face, “How big is your financial loophole now? To be honest, this can’t deceive people.”
Du Xia shook her head and smiled bitterly: “The bank owes 1.5 billion, and the supplier owes more than 2 billion.”
“You are amazing!” Song Weiyang sighed sincerely.
What Song Weiyang lamented was not Du Xia’s ability to owe debts, but that he owed so much money and continued to expand frantically in another time and space. It’s like a gambler, who has already smashed in the gambling, and can only look for a chance to turn the money recklessly, and there is no turning back at all (unless someone throws a huge sum of money in to help overcome the difficulties). After Du Xia’s listing path was blocked, he opened stores at a faster pace for one year in a row, just to pass the listing review of the SAFE.
Unfortunately, there is still no way to go public, so you can only sell your assets.
First, the building materials chain brand was sold to foreign companies, then the supermarket chain brand was sold to China Resources, and then various shops and real estate were sold. The most awesome thing about Du Xia is that his property has not been sold out for more than a decade, and he remained on the Forbes Global Rich List until 2019, but he fell to No. 2057 and even spent 30 million in spare money. Donate to the alma mater to repair the library.
This is all due to the fact that China’s real estate industry is too strong. From the mid-1990s to 2004, Du Xia opened chain stores and often bought all the stores, and even built shopping malls everywhere by himself. The real estate properties accumulated in the past ten years will be enough for him to eat for a lifetime.
Although it owes nearly 4 billion foreign debts, Du Xia’s company is definitely a high-quality asset, and its fixed assets alone are worth tens of billions-as the real estate market is booming, it will be more valuable in the future.
Song Weiyang asked: “How much do you want to raise money?”
Du Xia said: “The more the better, the better is more than 1 billion!”
Song Weiyang thought for a while: “I’m going to Hu Jian to attend the Taurus Club party soon, so come with me to see who else in the Taurus Club is willing to invest.”