After Jiang Hui answered Chen Jingcheng's questions, he began to put forward the topics that everyone was most concerned about.

"Since the establishment of Tudou, through everyone's efforts, good results have been achieved. In the last stage, it was financed at a valuation of 200 million, and now this fund has been basically used. And buying the rights, expanding the various channels of the website, etc., requires a lot of money. Taking into account all factors, Tudou will set a financing of 200 million yuan at a valuation of 500 million yuan, and shareholders can inject capital into Tudou according to the existing proportion of shares, or they can choose to dilute their shares proportionally," Jiang Hui said.

"Mr. Jiang, I want to ask, according to your estimate, how long can the 200 million of Tudou be used?" Zhang Mengze asked.

She is very satisfied with her investment, which can rise by 2.5 times in a few months, but if she continues to invest a lot of money, her funds will be a little tight. If she has to increase her capital in a few months, she can't bear it.

"This depends on the progress of the copyright acquisition, if you use it slowly, it may be able to support a year, and if you use it quickly, it is estimated that it will be used up in half a year," Jiang Hui said.

"Two hundred million, it will be used up in half a year, Mr. Jiang, you are burning money", Zhang Mengze said with a smile.

"Internet projects, sometimes it's an idea. When no one brought it up, everyone didn't notice; once this layer of paper was pierced, all kinds of funds poured into it together, and many times it depends on who occupies the market first, so that users can form a habit, and at this time it is necessary to rely on burning money. Besides, we are now buying a large number of online copyrights, and in the future, the relicensing fees for these copyrights alone will be very considerable," Jiang Hui said.

"Okay, no matter what you say, you have a reason, I listen to you, but I only inject a part of the capital, and then dilute a part of the equity," Zhang Mengze said.

"Everyone chooses this for themselves, don't regret it, and do it within a week," Jiang Hui said.

After talking about Tudou for a while, Jiang Hui started the extraordinary shareholders' meeting of YY live broadcast, in fact, most of the participants were similar to Tudou's.

As usual, Chen Hu first introduced the development of YY live broadcast, especially the situation of the island country branch, which everyone is more concerned about.

Since the establishment of the island country branch with the island country Yahu, the development momentum of YY live broadcast in the island country has a tendency to catch up with and surpass the Celestial Empire, which is also the first enterprise of the Korn Ferry Group to develop overseas more smoothly than the Celestial Empire.

With the cooperation of the island country Yahu, coupled with the special otaku culture and customs industry of the island country, YY Live's branch in the island country no longer needs the financial support of the headquarters. Jiang Hui's injection of capital into YY Live this time is mainly used for the expansion of the domestic market, and the development of his own markets in Southeast Asia in South Korea and Baodao.

The Asian market has always been the market with the strongest monetization ability in the live broadcast industry in later generations, whether it is the Celestial Empire or the island country, there are many local tyrants who spend money on live broadcasting.

"After listening to Mr. Chen's introduction just now, I am very pleased. The Internet is one of the easiest industries to achieve internationalization, and the best way to change the image of the Celestial Empire in the eyes of foreigners is to let the high-tech products they come into contact with on a daily basis come from the Celestial Empire. Automobiles, mobile phones, the Internet and other industries can have a deep impact on users, and our group started with the Internet to change foreigners' perception of our company and our country step by step," said Jiang Hui.

When Jiang Hui was reborn, the Internet of the Celestial Empire and automobiles were still far from internationalization. In particular, automobiles are said to be exchanging technology for the market, but the market is lost, but the technology is not seen and replaced. On the contrary, the mobile phone industry is doing well, and brands such as Huawei and OPPO are losing Samsung and Apple in the world, and they are doing relatively well.

"Combined with the company's development strategy, and considering the current capital situation of YY Live, I hope to inject 150 million yuan into the company, and you can choose to follow or dilute the shares proportionally," Jiang Hui said.

"Mr. Jiang, in addition to expanding the international market, can you tell us more about the company's development plan in China?" asked He Qingquan.

"In China, the main thing is to make the current show live broadcast and game live broadcast bigger and stronger, and at the same time, it also attracts or strengthens the content of live broadcasts such as teaching anchors, food anchors, outdoor anchors, foreign language anchors, financial anchors, fitness anchors, and financial anchors. Basically, I want to invest one-third of the money in the international market and two-thirds in the domestic market. Basically, the funds should be enough to support until the end of the year," Jiang said.

……

Meituan's shareholders' meeting.

"The company's branch established in the United States now adopts a different group buying model from the headquarters, and the current development is relatively good, but in order to increase promotion efforts, we are considering subsidizing one or two ultra-low-cost group buying projects to attract widespread attention, but this requires further financial support. In addition, we plan to open a branch in the island country as well, and adopt a group buying model between the United States and the Celestial Empire,......," Zhou Benqiang said.

"To make a long story short, you have also seen the situation of the company, and in order to accelerate the development, I hope that all shareholders will increase the capital of the company by 200 million ......," Jiang Hui said.

……

Shareholders' meeting on the intranet.

The company now has 16 million domestic users and nearly 10 million international users. At present, the island country branch is running well, and the Indian branch is also starting to get on the right track and is ready to make efforts. The company's global user base is expected to exceed 30 million next month and 50 million by the end of the year. The foundation stone of the data center jointly invested and built by the school intranet and Guanghui Games is also about to be laid, and the situation can be described as very good. Of course, the company also has a shortage of funds, which is also one of the reasons why Chairman Jiang asked to convene an extraordinary general meeting of shareholders today. Next, I would like to ask Jiang Dong to inform you of the proposal to increase the capital," Tang said.

As the general manager of the school intranet, Tang Wenwen has performed very well in the past half a year, and he has also implemented Jiang Hui's instructions in place, and he can be regarded as an important backbone of Guanghui Group.

"Everyone understands the situation of the company. At present, we have liberalized the registration permission of the school intranet in the island countries, South Korea and other economically developed places, and the results are not bad so far. However, we should still carry forward the spirit of chasing the poor and not selling the name and learning from the overlord, and make persistent efforts to completely occupy the Asian market. In order to further accelerate the pace of development of the intranet, it is planned to increase the capital by 300 million ...... to shareholders," Jiang Hui said.

Sequoia Capital and SoftBank own 20% of the shares in the school's intranet, and Jiang Hui's shares are probably a little more than 70%. Sequoia Capital and SoftBank must have followed the capital increase, and some of the other personnel chose to dilute their shares, and in the end, Jiang Hui probably injected more than 200 million yuan into the school's intranet. Fortunately, among the funds owned by Guanghui Games, the 500 million yuan in the construction of the data center was not all invested at once, and 200 million yuan could be injected into the school intranet through Guanghui Technology first, which solved Jiang Hui's financial problem.

(End of chapter)