Chapter 488: New Oriental (Two Chapters in One)

NIC is affiliated with the Computer Network Information Center of the Chinese Academy of Sciences, which is entrusted by the Ministry of Information Industry to manage the registration of national domain names and Chinese domain names, which is precisely in competition with 3721. Danic said that the main purpose of their release www.biquge.info of the general URL specification is to safeguard the interests of users and compete for the initiative of the next generation of Internet address technology and the management of network names!

Zhou Hongyi knew that the public ridicule of NIC was nothing more than an attempt to monopolize this business in the name of his "authoritative organization" and pursue the maximum interests of commercialization under the brand of "non-profit organization".

As a result, the contradictions between 3721 and NIC became more and more intense, and various lawsuits followed.

3721 was greatly challenged, and Zhou Hongyi was physically and mentally exhausted for a while. Baidu did not stay out of the matter, although Baidu and 3721 were both invested by Henry, but Baidu and NIC formed an alliance to jointly fight 3721. The reason is very simple, the gun shoots the first bird, who is so awesome to call 3721, kill it first, and then Baidu and NIC pinch each other!

So, speaking of this, Robin Li's expression was a little unnatural, 3721 was forced to sell to other companies, and Baidu "contributed a lot"!

"Hehe......" Robin Li laughed dryly twice and said, "If this is the case, it would be a pity." Oh, by the way, Mr. Williams, what was the price of Time Warner-AOL for 3721?"

"$150 million...... It's really cost-effective to eat up China's huge Internet search market at this price!" Henry smiled, "It's just a pity, 3721 is notorious, and Time Warner-America Online bought it, it's just a hot potato, and in the end, it's like chicken ribs, tasteless to eat, and it's a pity to abandon it......"

"As long as Baidu strengthens product and technology development and strives to improve the user experience, it will definitely make a difference in the future!"

Henry looked at the time and said, "Okay, then that's it, I'll go somewhere else later, and I've already made an appointment with someone else!"

"Okay, then I'll send you!"

……

After Henry left Baidu, he went to New Oriental Education Technology Company, which is also located in Zhongguancun, in fact, Henry's purpose in coming to Zhongguancun is for New Oriental, and going to Baidu is just a passing. Baidu has Robin Li's excellent team management, and Henry is not worried that the wheel of history will go the wrong way!

New Oriental is the largest and largest comprehensive private education and training group in China, and its business includes foreign language training, primary and secondary school basic education, preschool education, online education, overseas consulting, book publishing and other fields. In the previous life, New Oriental was also the first educational institution in Chinese mainland to be listed in the United States. The founder of the company is Yu Minhong, and he and Henry meet for dinner at about 12 noon.

When Henry arrived at the designated hotel, he saw a middle-aged man in a suit and a pair of black-rimmed glasses sitting by the window in the restaurant on the first floor. This person is Yu Minhong, a famous figure in his previous life, and Henry naturally heard of him.

Henry walked straight towards him, "Hello, Mr. Yu Minhong Yu!"

"Who are you?" Yu Minhong looked at the other party, wearing sunglasses, speaking fluent Chinese, and looking at himself with a smile, "Are you Mr. Henry Williams?"

"Yes!"

"Oh, please take a seat!" Yu Minhong stood up and made a gesture of please. So Henry sat down across from him.

"Mr. Williams, it's a great honor to meet you!"

"Where! You're so polite!"

"Mr. Williams, what do you like to eat, let's talk while we eat!"

"I'm free, you can order!"

"That's good, it just so happens that I'm familiar with this hotel and know which dishes are more delicious!"

Henry smiled and nodded at him.

Education is the foundation of a country, and it is very good to do the education industry, which can not only make money, but also cultivate talents, and benefit oneself and the country. Henry came to meet the founder of New Oriental, and everyone knew that he was definitely going to acquire New Oriental.

Madagascar is lagging behind in education and is illiterate. Of course, this is not the main purpose of Henry's acquisition of New Oriental Group, to solve the problem of education in Madagascar, Henry has his own other methods. What Henry thinks is that New Oriental, as the largest private education group in China and a professional company for overseas consulting, would promote Madagascar in schools, or directly organize a school delegation to Madagascar. As a result, many students will be able to stay in Madagascar in the future. There are too many black faces in Madagascar, and there are far fewer whites and yellows, and Henry needs to attract a large number of Chinese and whites to Madagascar to work and settle down, and even get married and have children, so as to increase the population of Madagascar!

The Malagasy language is mainly Malagasy, and to work here, you must first know a little Malagasy. Therefore, the task of teaching Malagasy has to fall to the New Oriental Group. These students who learn Malagasy will go to Madagascar in the future, and naturally they will also bring Chinese to wherever they go, which will play a huge role in promoting the Chinese language.

Of course, English is the most popular language in the world, and it is much easier to learn than Chinese. As a result, the official language of Madagascar will be English in the future, and Malagasy and Chinese will also be the main languages of Madagascar.

After a while, the dishes were ready.

Yu Minhong took care that Henry was an American, so he basically ordered Western food. In fact, Henry was more interested in Chinese food, followed by French food.

The two chatted while eating.

"Mr. Yu, how is New Oriental developing now?" Henry cut a small piece of meat chop into his mouth, "I'll tell you straight to the point, in fact, I came this time to invest in New Oriental, I think that New Oriental has development potential, and will become a giant in China's education industry in the future, and then go out of China and go to the world!"

Education can change lives, and education can make a fortune!

I'm also the president of Williams College, so I'm more than happy to promote such a noble and great cause!!"

Before Yu Minhong came to the hotel, he actually guessed Henry's purpose. As the saying goes, nothing is left to the Three Treasures Palace, not to mention that Henry Williams is famous, and acquisitions are commonplace. Since the other party asked to meet him, he must be interested in New Oriental Group. Therefore, Yu Minhong has already prepared in his heart, and he is not surprised to hear this at this moment.

If New Oriental Group wants to develop and grow rapidly, it is naturally in urgent need of financial support. If it can become the richest man in the world, New Oriental will not only be China's New Oriental, but the world's New Oriental!!

Yu Minhong also has the heart to make New Oriental Group bigger and stronger and become one of the world's top 500, otherwise he would not have come to see Henry.

"Mr. Williams is very honored to value New Oriental, and I welcome your investment. Yu Minhong said with a hint of excitement, "For the time being, we have set up New Oriental Schools in Beijing, Shanghai, Guangzhou and other places, and founded New Oriental Online in December 2000 to conduct distance education through the Internet!"

At the beginning of 2001, New Oriental Education & Technology Group was established, and New Oriental officially entered the development stage of an international and diversified education group.

When Henry heard this, it was similar to the information he had gathered.

"So, what are New Oriental's future development plans?" Henry continued.

"We plan to set up New Oriental Schools in Wuhan, Tianjin, Xi'an, and Nanjing, and at the same time establish elite English learning centers to enter the high-end English training market, such as the construction of Beijing New Oriental Yangzhou Foreign Chinese School...... "If we can get your investment, then we will take a further step and build more New Oriental schools in China, and at the same time, carry out vertical development, get involved in education-related industries, and diversify ...... development."

Yu Hongmin talked about it Kaikai, and what he said was the Tao. It took about ten minutes before I stopped. Obviously, I did a lot of hard work before I came.

Henry was very satisfied with what he heard and said, "Very good, then what do you think is the current market value of New Oriental?"

Yu Hongmin observed Henry and secretly guessed Henry's psychological price, but Henry had no waves, and he couldn't see his inner thoughts at all.

"Mr. Williams, what do you think is the market value of New Oriental Group?" Yu Hongmin threw the "ball" over.

Henry smiled, "In this way, I will invest $1.5 billion to hold 60% of the equity of New Oriental Group!"

Hearing this, Yu Hongmin's right hand holding the dinner knife suddenly hung in the air, with an unbelievable expression on his face!

$1.5 billion is 12 billion yuan at the current 8:1 exchange rate, and that's only 60% equity. When Yu Hongmin thought of this, he swallowed his saliva unconsciously, and then he woke up.

"Are you sure, Mr. Williams?" asked Yu Hongmin.

"I'm very sure!" Henry smiled, "I naturally know that this price will definitely exceed a lot of the market value of New Oriental, but the acquisition at a premium and satisfying the other party can show my sincerity! So, Mr. Yu, what do you mean? Do you agree with the conditions I proposed?"

"Of course I agreed!" Such a good condition, I can't find it with a lantern, how could Yu Hongmin refuse.

Henry couldn't help laughing at this time, stretched out his hand, and said, "Happy cooperation!"

"Happy working together!"

In its previous life, New Oriental's total market capitalization was close to $7 billion. In this life, with Henry's investment in New Oriental, the future market value is really unpredictable, but it is not difficult to imagine that New Oriental will definitely be a behemoth in the global education industry in the future, and it is a sure thing to enter the world's top 500!

Everyone's intention to cooperate has been reached, so the meal is particularly sweet.

After finishing, Yu Hongmin settled the account, and then took Henry to the headquarters of New Oriental Group. There, Yu Hongmin introduced Henry to everyone, and then announced what had been negotiated at the hotel. Everyone was dumbfounded when they heard it, and they could be regarded as having seen what it means to spend money in their lives! Then, under the leadership of Yu Minhong, Henry visited the school and greeted the students in the school.

The students were very excited, my mom, I just went to a training class, and I accidentally met the richest man in the world, is there something wrong with this rhythm......

"Hello, Mr. Yu, Mr. Williams!" shouted the crowd.

In order to show that he had an affinity, Henry took the initiative to chat with some of the students. Through conversation, Henry learned that most of these students were students who were preparing to study abroad and were now making up for their English at New Oriental.

At this time, Henry couldn't help but think of an interesting story about Yu Hongmin in his previous life.

Once, when he went to a nearby Chinese restaurant for dinner, as soon as he sat down, suddenly, dozens of people in the restaurant stood up one after another, and then called him "Principal Yu" at the same time. So some Chinese students proudly told him, "This is President Yu of our New Oriental School, and more than 70% of Chinese students in famous universities in the United States and Canada are !! from New Oriental."

Henry stayed at the New Oriental School for an hour or two, and during this time, the investment contract had been prepared, and Henry signed a contract with Yu Hongmin to officially include New Oriental in his name!

Of course, the most famous "private" school in China is not New Oriental, but Shandong Lanxiang Senior Technical School, a school that has been deified by many netizens!

"Which one is stronger in learning excavator technology?" China Shandong is looking for Lan Xiang !! "Wow, how simple and rough ~ violent, what a majestic and sonorous advertising slogan, since the establishment of the school, has not changed!"

Madagascar is going to develop a lot in the future, and it is very, very much in need of this kind of talent!!

So, there is no doubt that Henry is going to buy Lanxiang School! The thought of getting Shandong Lanxiang under his own name always feels strange in Henry's heart. However, Lanxiang is not so easy to acquire. Although Shandong Lanxiang is also a private office, it has a military background. The prototype of Shandong Lanxiang Senior Technical School, Jinan 57 Middle School Technical School, was born in 1984 in a simple courtyard on Baohua Street, Tianqiao District, Jinan City. In 1988, "Lanxiang" cooperated with the army to run a school and established Shandong Lanxiang Vocational Training School!

Shandong Lanxiang is in Shandong, so Henry will go back later. In 1988, another school was established, which was the New Oriental Cooking School. It is also the name of New Oriental, but it is two completely different schools. Henry is naturally reluctant to spend a lot of effort to promote the "New Oriental" brand, so that the other party can get something for nothing. Since they are all called New Oriental, it is fate, how good it is to simply merge!

Speaking of which, this New Oriental Cooking School is not an idle school, but a training giant in the culinary industry, and if it can be swallowed up, it will be a very cost-effective business!

Different from the immutable advertising words of Shandong Lanxiang, the advertising words of New Oriental Cooking School are very numerous, and they are very thunderous!

"Where did Aiqing come from?—— New Oriental Cooking School!"

"Spread, pass, pass on the New Oriental chefs, bring together the world's famous dishes, and cultivate chef elites! Go to New Oriental, 800 beds stainless steel. ”

"Sister, when you meet the chef of New Oriental, you will marry. ”

"New Oriental Cooking School, the emperor doesn't think about tea and rice!"

“……”

The thought of these advertising words gives Henry goosebumps coming out...... For the advertising planning ability of New Oriental Cooking School, Henry has only one word to describe - really ~ strong!!

(Two in one, write a big chapter tomorrow)

(To be continued.) )