Chapter 158 Second Quarter Financial Statements (Revised)
When Lin Feng cleaned up his mood, everyone had already re-entered the conference room.
"This financing is a personal act of Chairman Lin, and I have no right to vote. However, I propose that the lack of funds for the company's operation should be discussed after the financing is completed, and when Mr. Li Zekai attends the company's board of directors. Liu Yingying's words made everyone wake up.
Wu Zhaopu and the others were not stupid, and when they said this, they understood what Liu Yingying and Lin Feng were arguing about just now. However, it should be so, the company and private property must be separated, otherwise the company will be chaotic sooner or later. Wu Zhaopu, as an economic analyst, should have reminded Lin Feng a long time ago, but he couldn't find a chance to remind Lin Feng, and the company was in turmoil, and Jihua also delayed this matter one after another. Today, Liu Yingying proposed that it just solved the company's potential biggest crisis.
However, Wu Zhaopu and others were really shocked that Liu Yingying automatically returned 10% of Lin Feng's "second shijie" shares, they didn't expect Liu Yingying to return Lin Feng's shares, you must know that once the "second shijie" is listed, the value represented by these 10% shares is definitely beyond everyone's imagination. In this regard, everyone can only guess that the relationship between the two must be extraordinary, but as for how extraordinary it is, everyone doesn't want to speculate. For them, as long as the company grows steadily, nothing else matters.
After that, Lin Feng rushed to "" non-stop, where there was also lawyer Guo, who Lin Feng had previously entrusted to deal with the appeal infringement case, was waiting for Lin Feng.
When they arrived at "", Lawyer Guo and others had been waiting for Lin Feng there for a long time.
"Lin Dong, we have sued 202 websites involving Tomato and infringing websites, and the court has also accepted it, is reviewing the evidence we have collected, and is ready to go to court at any time. This is a bill for court costs and a first stage attorney's fee. Lawyer Guo handed the bill of litigation fees to Lin Feng.
Lin Feng took a look, and the litigation fee was not as much as he imagined. According to the Procedural Law, the court charged a total of 202,000 yuan for each website sued for 1,000 yuan per case. However, the lawyer's fees are beyond Lin Feng's imagination, because Lin Feng does not want these infringing websites to compensate this time, Lin Feng's request is that they revoke all the infringing works on the website and make it public, so they cannot be charged by the relevant regulations involving the amount of property.
According to the relevant laws, lawyer Guo charged a total of 1.01 million yuan for Lin Feng's 202 lawyers at a price of 5,000 yuan per piece, and this is still the first stage.
Lin Feng frowned slightly, secretly guessing whether the lawyer's fees were too high, and Lawyer Guo looked at it and quickly explained.
"Lin Dong, this fee does seem very high, but we want to give the court as detailed data as possible, so the whole team collects evidence day and night, such as the infringement of the work of "", we have to count how many related works are infringed by a website, the number of views and popularity of each work on the allegedly infringing website, when the infringement began, how many words are illegally reprinted, etc.," said lawyer Guo, who took out a large stack of data.
Lin Feng looked at it, and indeed the data was very detailed. Come to think of it, this cost is not too high. I think that Peter Pan Bryant fought a rape lawsuit back then, spending a full $1.5 million, and this case involves 202 websites, especially tens of thousands of infringing works, and it is really worth it to collect so much evidence and spend 1.01 million preliminary investigation fees.
After the trial was decided to be held half a month later, Lin Feng went to see Bao Jianfeng.
"Lin Dong, the website has been developing well recently, and after adding servers and increasing network bandwidth, the website access speed has increased significantly. But this is this month's account sheet, and now," Bao Jianfeng was very embarrassed and handed Lin Feng a copy of the financial statements for June.
Lin Feng opened it and took a look, by June, "" signed a total of 1,125 works, paying an average of 800 yuan per month for a full attendance award, a total of 900,000 yuan, counting the rest of the labor and other expenses, the actual monthly expenditure is more than 250 yuan, and although the income has been joined by advertising manufacturers, the monthly advertising income is only more than 30 yuan, and the monthly net loss is 2.2 million.
And this is just the beginning, with the increasing number of authors joining the "", especially under the stimulation of Lin Feng's signing of the existing full attendance award, excellent works are like a blowout, and now the problem is whether to sign or not?
The current situation of "" has also been encountered by other old websites, but similar to "Dragon Sky" and "Phantom Sword" are only worried about website maintenance and labor costs, and "" also has to worry about paying a large amount of author attendance awards, which is a heavy expense. Many of the old websites that were almost out of breath suppressed by "" have long been sitting on the sidelines waiting to watch a good show.
Lin Feng saw Bao Jianfeng's sad face, and gently patted him on the shoulder to reassure him.
"Rest assured, I will then announce another 100 million injections into the website, and I will never withdraw and leave now. Lin Feng's words made Bao Jianfeng feel at ease for a while.
Previously, Bao Jianfeng was afraid that Lin Feng would withdraw his investment because the website had been losing money - especially now it seems to be a bottomless pit, and he doesn't know how many years and months he made money, which not only harmed this group of hard-working authors, but also ruined the hard work of himself and others in developing online literature.
However, although Lin Feng said that he would continue to inject capital, he also knew that it was not a way to go on like this. Only 1,125 have been signed now, but this is already the result of the cautiousness of Bao Jianfeng and others. In fact, there are many excellent works that they are afraid of causing too much financial burden and do not sign, once they are really signed, I am afraid that there will be more than 10,000 copies, and the monthly expenditure will be increased tenfold, thinking of this number Lin Feng felt dizzy.
However, it is not yet mature to adopt the VIP listing model, and Lin Feng's emphasis on using advertising revenue to maintain balance does not seem to be realistic at present. Today's online literature is not valued at all, which makes traditional writers look down on it, and also makes major manufacturers look down on this platform.
Lin Feng thought about it, and it was necessary to start the influence of online literature as soon as possible, so that the public could accept and recognize online literature. However, although Lin Feng has a few ideas in his heart, he all need funds to support him, and his current private account has little money, so he can only postpone everything for the time being, and wait until he reaches an agreement with Li Zekai to promote the influence of online literature in China.
However, in addition to the company, Lin Feng also has a major matter that must be dealt with.
It's now the end of June, and it's only about half a month before the Haode charity performance party is negotiated with the Four Heavenly Kings. In Hong Kong, when the Four Heavenly Kings asked Lin Feng when he would perform a charity performance, Lin Feng did not hesitate to choose July 13.
This day is the day of China's successful bid to host the 2008 Beijing Olympic Games, and it is a day of jubilation for the whole country.
However, in order to celebrate the motherland's successful bid for the Olympic Games, this charity performance party should have a theme song, Lin Feng thought about it, and his brain hit the Olympic theme song "Beijing Welcomes You", which came out a few years later, Lin Feng planned to plagiarize it and fill himself with a façade.
However, when Lin Feng composed the melody of "Welcome to Beijing" in his mind into a song score, the financial statements of Lin's Group Company in the second quarter of 2001 were released.
In the second quarter, Lin Feng's "fast food chain" under the development of Su Xiaomei, coupled with the national hit of "Super Girl", the "fast food chain" that monopolized the most conspicuous advertising on "Super Girl", it rapidly expanded to 320 franchise stores, bringing a total of 12 million franchise funds and more than 300 sales commissions to Lin Feng.
As for the "Chu Feng Net City" in Chu City and the flower tea business, etc., the second quarter brought more than 1.2 million profits to Lin Feng, although it was slightly less than before, but Lin Feng was already very satisfied. After all, the price of Internet cafes will slowly decline over time, and the market for flower tea tends to be saturated.
Dingdang is now the leading online trading platform in China, good reputation and perfect audit system, coupled with official protection and fair and transparent arbitration for transaction disputes, the daily transaction amount is close to 100 million, especially now that the mobile phone market is gradually active, a large number of sellers in Shenzhen through the smuggled mobile phone through Dingdang online sales, directly promoted the popularity of Dingdang, coupled with the timely launch of the Internet bank, but also let buyers increasingly rest assured, but also gradually accustomed to the new consumption mode of online shopping.
Therefore, Dingdang was favored by many manufacturers, and its advertising revenue reached 40 million yuan in the second quarter. After a period of real-name verification, the sellers and buyers who have repeatedly opened accounts have also been eliminated, and considering that sometimes sellers are also buyers, and buyers are also sellers, after canceling the previous classification system, Dingdang now has a total of more than 39.9 million registered members, and about 45 million daily views.
Lin Feng's real income still comes from the "second shijie".
"Legend" brought a total of 270 million yuan of net income to the company in the second quarter, "Plants vs. Zombies" exceeded everyone's imagination, and also brought 150 million yuan of net income to the company, plus the advertising and peripheral product sales of "Plants vs. Zombies", which also brought 23 million yuan of net income to the company. Although Tomato has become famous, due to copyright issues, there are too few film sources, and there are senior members who serve the "Second Shijie Club", so there is no income such as advertising.
The "Second Shijie Club" has a total of 1.82 million senior members and 1,201 VIP members, bringing more than 5,470 yuan of revenue to the company in the second quarter, but due to the monthly investment in the magazine and the maintenance of the operation of Tomato.com, the income and expenditure in this area remain balanced.
Excluding taxes, employee salaries, operating costs and other expenses, "Second Shijie" created a total net profit of 320 million yuan in the second quarter.
According to the final statistics, the balance of the "second shijie" account is 450 million yuan, but it has to support the development of "Audition", the development of "Swordsman Online", the purchase of 3D engines, and the most important "Counter-Strike Online" Asian Internet jihua.
As for the "Tianqiao Theater" purchased in Beijing for Deyun Club, under Guo Degang's increasing popularity, it also unexpectedly brought more than 20 ticket revenue to Lin Feng in the second quarter.
Lin Feng's personal account balance at this time was more than 4,500 yuan.
And after more than a week of busyness, Lin Feng finally plagiarized the song "Welcome to Beijing".