Chapter 557: It's Time to Wrap Up Another Year

2006 is a very important year for the Korn Ferry Group, but also the key year for the Korn Ferry Group to become bigger and stronger, after entering the middle of December, the year-end summary of the Korn Ferry Group companies and the planning report for the coming year began.

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Intranet.

After Tang Wenwen and others returned from the United States, Jiang Hui held a celebration banquet for them, and a few days later, the frenzy brought by the listing had slowly subsided, and everyone began to enter a new state of work.

"The intranet now has more than 200 million users in more than a dozen countries and regions such as the Celestial Empire, island countries, South Korea, Russia, India, Singapore, Indonesia, Malaysia, Vietnam, and Thailand...... The IPO raised $2.16 billion, setting a new record for Nasdaq's Internet financing this year," Tang began to introduce the results of the school's intranet this year.

As one of the enterprises started by Guanghui Group, the status of the school intranet in the group is relatively special, so the first thing Jiang Hui went to listen to the annual summary was the school intranet.

"Looking ahead to 2007, the main thing for our company to consider is how to use the amount of our financing so that every penny is spent. Next, I would like to introduce the main projects to be promoted next year", Tang continued.

How to use the money raised from the school's intranet, Jiang Hui communicated with Tang Article before the listing, and now he just listens to the specific plan of Tang Article.

"First of all, we will buy a piece of land near the Guanghui Building for the construction of the campus network building, and we have prepared a budget of 250 million US dollars for this project, which is detailed below...... Next, we will invest $500 million to establish an on-campus research institute based on the university's intranet development department to vigorously promote the research and development of new technologies...... Thirdly, we will set up a new investment center to acquire and invest in some companies closely related to the intranet of the school, and we have prepared an initial capital of 300 million US dollars, and we will add additional funds according to the situation in the future...... Fourth, we will accelerate the expansion of our overseas business by establishing the East Asia Headquarters and the South Asia Headquarters in addition to the existing International Division, and will promote the localization of intranet services...... Fifth ......", Tang spent half an hour briefly reporting on the spending plan of the school's intranet.

On the one hand, Jiang Hui saw that the current land price and housing prices were still relatively low, so he took the opportunity to build a building in a circle; on the other hand, considering the development of various companies in the future, it would definitely not be possible to put it down if it was placed in the Guanghui Building, so it was better to build a new office space now than to find an office space at that time.

As for the R&D center, although the Korn Ferry Group also has a R&D center, the focus is different, so Jiang Hui also hopes that the school intranet can expand its own technical reserves.

The new investment center seems to have some overlap with Guanghui Investment, but Jiang Hui considers that the composition of the shares of each company is different, and the investment focus cannot be exhaustive, so the school intranet now has money to build its own investment center.

According to Jiang Hui's idea, in the future, the school intranet and Meituan will each be a large group company, and there will be moderate competition between them.

"In terms of investment, I don't have any opinions, so I'll just follow this. However, in terms of human resource development, I would like to see the management of the intranet pay more attention. Now the development of the Internet in the Celestial Empire is too fast, it is not enough to dig into the wall, we must form our own talent training mechanism......"

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Meituan.com.

After Jiang Hui listened to the report on the school's intranet, he immediately listened to the report on Meituan.

Since the decision to move Meituan's headquarters to Shanghai, Meituan has bought land in Shanghai to build the Meituan Building, and some of its employees have moved to temporarily leased offices, but there are still many staff in the imperial capital for the time being.

"Mr. Jiang, what I just reported is the main work project of Meituan in 2006, and then I will focus on the promotion of its own logistics and daily fresh food. At present, we have built storage centers in the imperial capital, Shanghai, Shenzhen and Wuyangsi, and it is expected that the construction will be completed in the first half of next year and put into use in the second half of the year. In terms of logistics, on the one hand, we are buying vehicles and recruiting personnel, and on the other hand, we are also discussing with a German company the introduction ......of express sorting systems," Zhou Benqiang said.

Jiang Hui is now more concerned about the work of Meituan, one is the construction of the Shanghai headquarters, and the other is the promotion of daily fresh food. In particular, the daily fresh food situation is something that Jiang Hui attaches special attention to.

How big is the market for online shopping? This is something that people today dare not think of. Although there have been several large companies dominating the market, there are almost no companies focusing on this area in terms of fruits and fresh food, which is a big opportunity for Meituan, and it must not be missed.

"The work of daily fresh food is promoted, you must pay attention to it, and you must officially launch the ...... in the second half of next year", Jiang Hui once again told everyone on Meituan.com.

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Radiant Games.

Since the launch of Korn Ray Games' "Crossfire", Korn Glory Games, the number one profitant of Korn Glory Group, has become more stable. Of course, it was only in 2006 that the position was more stable, and in 2007, after the Guanghui mobile phone officially launched GPHONE, the first throne had to be surrendered.

With the two products of "Honor of Kings" and "Crossfire", in the next two or three years, Glorious Games will not have to worry about having a hard time. Therefore, Jiang Hui did not have much advice except for pointing out Bai Xue and paying attention to the development of games on the mobile Internet.

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Glorious Film and Television.

Since talking to He Ling about the future planning of Glorious Film and Television with He Ling at the beginning of the year, this year, Jiang Hui has not paid much attention to Glorious Film and Television.

Of course, this does not mean that Guanghui Film and Television is not important, but it just means that Guanghui is very relieved of He Ling.

After two years of development, Guanghui Film and Television has completely gained a firm foothold in the film and television circle of the Celestial Empire and has become a pivotal member. Jiang Hui felt that it was time for Guanghui Film and Television to plan some new projects.

"I suggest that Guanghui Film and Television can start to try the development of variety shows and develop some unique ...... of food, nature, entertainment and other programs," Jiang Hui said to He Ling, Wang Lu and other management of Guanghui Film and Television.

In Jiang Hui's view, projects such as "A Bite of the Heavens", "The Voice of the Heavens", "Earth Pulse", "Do Not Disturb", "I Am a Singer" and other projects are all very good, and any one of them can cause a sensation if they are now.

Relatively speaking, the planning difficulty of "A Bite of the Heavens" is the lowest, and only good cinematographers and editors, plus wonderful creativity, are enough. Other projects can be rolled out step by step later.

"I have an idea, we can make a food show", Jiang Hui plans to talk to Guanghui Film and Television about the program "A Bite of the Heavens".

"Food shows, this is usually done by TV stations, and it doesn't look like it's going to be a big deal, right?" Wang Lu said.

(End of chapter)