The annual Celestial Empire Internet Conference was held in the imperial capital. From September 1 to 3, 2005, the 2005 Tianchao Internet Conference (4th) was held at the International Conference Center.

After several sessions of development and the rapid expansion of the scale of the Celestial Empire Internet market, it has become the largest network exchange and cooperation event in the Asia-Pacific region. To a certain extent, it has become the annual vane of the Celestial Empire's development of the Internet field in terms of policy, management, and technology.

In this conference, a large number of people from the Guanghui Group were invited to participate in the conference, and the companies such as the school intranet, Tudou.com, Meituan.com, Guanghui Weibo, Guanghui Games, Guanghui Pay, YY Pay, Autohome, Qunar and other companies received a total of more than 100 invitation letters, and it is estimated that Guanghui Group is the group with the largest number of participants in this Internet conference.

This time, Tang Wenwen, Fang Dawen, Chen Hu, Zhou Benqiang and others were all invited by the organizer to give speeches at the sub-forum, and Jiang Hui was also invited to give a lecture, but Jiang Hui was not very interested in it and refused.

Although Jiang Hui did not speak on stage, the theme of Zhou Benqiang's speech "Internet + will continue to exert its power" basically revolves around Jiang Hui's concept of "Internet +".

"In 2005, a new period of development opportunities, various market segments have shown many new trends and new characteristics that are very different from previous years. The Internet industry has formed many new growth points in the integration of different industries such as communications, media, and entertainment, and there are many potential new development ......possibilities in many branch industries that are becoming more and more segmented and the value chain is expanding day by day," said Zhou Benqiang.

At the opening of the conference, the official of the Celestial Empire also released the latest netizen data: the Ministry of Information Industry said that the total number of telephones in the Celestial Empire has reached 0.8 billion, ranking first in the world, and the scale of the electronic information industry is also in the forefront of the world, and the number of Internet users has reached 0.3 billion, reaching the second place......

There are also some new ideas at this conference. For example: "Qingke Venture Capital Research Center predicts that in 2005, the overseas IPO market will continue to boom since 2004. The main driving force for overseas IPOs, especially in the United States, will come from high-tech industries such as the Internet and basic software. Affected by this, coupled with the rise of various professional websites in the Celestial Empire, there will be more Celestial Empire network companies with more distinctive characteristics to land on the international capital market ...... next year."

Another example: "The halo of the portal has faded: Last year, TOM, which is known as the fourth largest portal of the Celestial Empire, suffered a heavy blow to the market as soon as it was listed. On the first day of listing on the Hong Kong-Hong Kong Growth Enterprise Market, the stock price fell by 3%, and on the Nasdaq market, the stock price rose only 2% on the day. Since then, TOM's performance has not improved, and the stock price has been hovering below the issue price.

In fact, the failure of TOM can be seen as a transformation of the characteristics of the listing of Internet companies, that is, the IPO of the portal network has been difficult to arouse the interest of investors. When the dot-com bubble burst in 2000, investors were extremely reluctant and more critical of IPOs of Internet companies. Industry position, clear business model and stable profit growth have all become the key criteria for investors to judge an Internet listed company. As early as 2000, in order to survive the Internet depression, the three major portals of the Celestial Empire were listed one after another. Today, these three companies already have excellent profitable performance, the majority of market share, and an unshakable position in the industry in the Celestial Empire portal. As a result, TOMO, the fourth in the industry, has re-landed on the Nasdaq, making cautious investors wonder if the Celestial Empire market can accommodate the existence of such a large number of portals......".

In addition, as the general manager of the school's intranet, Tang Wenwen also expressed his own views: the network economy started with the old three things, namely portals, search, and email, and later developed into the new three, that is, games, text messages, and instant messaging. I personally have a point of view that I think now it's the second generation of the Internet, which is the Internet at the grassroots level. There will be several focal points, one is Weibo, one is a professional website, which is Autohome or Tudou, and the other is a social networking site, these three directions will develop into the three highlights of the next generation of the Internet.

Why do I say today that the power of the grassroots is relatively large and can be strung together? We say that any economy has the 28 principle, but in the past we only focused on the 20 percent part, because this is a big enterprise, in short, it is big. There are also 80% of the departments that are not noticed. But now the Internet may focus on 80% of small and medium-sized enterprises, and they are strung together through the Internet, forming a very strong economic powerhouse ......."

All kinds of speeches flooded the Internet, and several major web portals opened special features to cover the conference.

In addition to the Guanghui Group, there is another company at this conference that is on the cusp, that is, Du Niang, which was just listed last month.

"The story of Du Niang is not a story of getting rich overnight, what kind of things have been encountered in the past six years, the whole process is very difficult, when the search engine is not favored by others, others feel that it is not important, search is not important, and now we are competing with the world's most powerful Internet companies, like Microsoft, like Yahoo, like Google in competition, at any time are facing very big challenges and difficulties, and there are great risks, hardship, took a great risk to get to this position ......", Du Niang's boss Li took advantage of this conference to respond to the disturbances from the outside world.

Jiang Hui watched the progress of the conference throughout the whole process, but he didn't feel much from other people's speeches.

Jiang Hui feels that the whole Internet is hot again, through ten years of efforts, the influence of the Internet and the depth of influence have been greatly improved than before, and now the capital is also very fanatical, so the excitement is very high, and the whole society is paying attention, this is a good time for IT and the Internet.

At this time, Jiang Hui felt that competitiveness and innovation and technology had become more important than ten years ago. Because of the explosiveness of the Internet, when a product comes out and can be used by an unlimited number of people, many followers will immediately rush in.

At this time, in the competition of many products, the quality and quality of products have become very important, and in the new round of competition, technology and products are the most important.

In the previous life, in the end, BAT was able to stand at the peak of the Internet in the Celestial Empire because they attached importance to the research and development of technology. Among them, Du Niang lagged behind Penguin and Ali Baba, also because in the later stage of development, Du Niang put more energy on advertising and marketing, and was slowly thrown away by Penguin and Ali Baba.