Chapter 294: Arrival in Hong Kong

For Lin Feng now, if it is purely for the purpose of accumulating contacts, it is actually not very important to mix in circles......

It's just that with the development of popularity today, what Lin Feng urgently needs now is actually a reciprocal high-level exchange, to absorb the experience and wisdom of more outstanding entrepreneurs in business management and strategic management.

He must learn to look at the domestic and international economic situation and problems from a higher height, and learn to think about problems in a new way of thinking.

This is not something that can be improved by reading a few more books on management and economics.

What is more needed is the accumulation of "soft power" such as the collision of ideas, the exchange of wisdom in the same dimension, and the formation of the methodology of one's own thinking system.

This kind of high-level dialogue and exchange, especially the opportunity to let go of each other's guards and scruples in the shopping mall, speak freely, learn from each other, and promote each other, can only be obtained by entering the "Huaxia Alumni Association" or "China Entrepreneur Club" in the name of alumni, or in the personal circle of top entrepreneurs.

Therefore, at this stage, Cheung Kong Graduate School of Business, which was known as the "circle of China's richest people" in his previous life, especially the CEO class known as "Huangpu Phase I", is Lin Feng's best choice now.

As positioned as the top business training course in China, Cheung Kong Graduate School of Business's "Chinese Enterprise CEO Class" does not accept applications, but only actively invites successful entrepreneurs who meet the Cheung Kong standards.

At the same time, because it is the first time to be held, the first CEO class has chosen to invite leaders in various industries in the domestic economic field.

Fu Chengyu, Li Dongsheng, Niu Gensheng, Ma Yun, Guo Guangchang, Feng Lun, Wang Licheng, Yu Liang, Jiang Nanchun, UnionPay Wan Jianhua, Zhengtai Nan Cunhui, Huiyuan Zhu Xinli, Meters, Zhou Chengjian, Junyao Wang Junjin, Starcom Wu Ying, Far East Jiang Xipei, Juzhong Yu Feng, Huaping Sun Qiang......

And, of course, Lin Feng.

36 of China's most prestigious entrepreneurs gathered together to form a new class, and they will share their careers with each other.

To be honest, it is indeed not easy to bring together so many top entrepreneurs in the domestic economic circles, which shows that the name of Li Ka-shing, the "richest man in China", behind Cheung Kong Graduate School of Business, is still very effective.

Of course, it is also related to the fact that the curriculum of this CEO class is very attractive.

The CEO training course aims to help participants understand the general trend affecting the development environment of Chinese enterprises, through the perspective of historical development, compared with developed European and American enterprises, and even the rising outstanding enterprises in other emerging markets such as South Korea, India, Brazil, Russia, etc., to fully understand the development status of Chinese enterprises, examine the future opportunities and development paths of enterprises, and gain an in-depth understanding of the regional economic, political and trade policies of Europe and the United States.

The course will also help participants deeply understand the importance of humanistic penetration to build a world-class enterprise on how to achieve the harmony and unity of economic and cultural development in the process of globalization of Chinese enterprises. Through the knowledge resources and business network of three leading business schools, it will help Chinese enterprises enhance their international competitiveness at multiple levels.

The slogan of the CEO class is: "Create a global vision, see the earth from the moon".

The China CEO Course is divided into four modules, namely Cheung Kong Graduate School of Business, Wharton Module, INSEAD Module and Summary Module, which are taught in Hong Kong, Philadelphia, Fontainebleau and Beijing.

The duration of the class is 16 days, and the fee is 260,000 yuan.

Although the time is short, the teaching locations are all over the world. From Hong Kong to Philadelphia, from Fontainebleau to Beijing, four stations and three continents.

As for the cost of 260,000, it is certainly nothing for these bigwigs whose net worth is in the rich list.

In fact, in a few years, the cost of this CEO class will soar to more than one million......

On April 7, 2006, the first module of the "CEO Course for Chinese Enterprises" was officially launched in Hong Kong.

…………

Lin Feng did not wait until the start of the class to fly from Beijing to Hong Kong.

He flew to Hong Kong with Ye Weiyu at the end of March.

On the one hand, he accompanied Ye Weiyu to talk about the fundraising of a new round of Maple Leaf Investment Fund.

The yield of the first round of Maple Leaf Investment Fund is very good, and it has initially gained a reputation in the market, and this new fund raising has been recognized by the capital market from the beginning, especially after Ye Weiyu settled in Hong Kong, she has exchanged a lot with capital institutions in Hong Kong, and the effect of the two weddings in the UK has also spread to Hong Kong. For the couple Ye Weiyu and Lin Feng, the British-funded funds in Hong Kong have a very good impression.

On the other hand, Lin Feng also took this opportunity to attend Tencent's board of directors.

This time coincides with the time when Tencent is preparing to announce its fourth-quarter financial report and last year's annual report, and Lin Feng needs to coordinate Tencent's strategy and layout for the next year at the board level.

After the interconnection between QQ and FF last year, Tencent has significantly improved its performance in the financial report.

Tencent's total revenue in 2005 increased by 24.7% over the same period last year to RMB1,426.4 million (US$176.8 million).

Among them, revenue from Internet value-added services increased by 79.2% year-on-year to RMB786.7 million (US$97.5 million);

Revenue from mobile and telecom value-added services decreased by 19.3% year-on-year to RMB517.3 million (US$64.1 million).

Online advertising revenue increased by 105.9% year-on-year to RMB112.8 million (US$14.0 million);

Profit for the period increased by 10.0% from the same period last year to RMB485.4 million (US$60.1 million).

With the improvement of performance, Tencent's share price has also risen from 8.2 Hong Kong dollars at the beginning of the year to 15.8 Hong Kong dollars, and the stock price has almost doubled.

Fengxing, which owns more than 37% of Tencent's shares, Maple Leaf (Linfeng Private Company), which owns 12% of the shares, and Maple Leaf Investment (Ye Weiyu Private Equity), which owns 3% of the shares, have all benefited a lot.

Ma Huateng and other Tencent founders are also very satisfied with this performance, they have seen the huge benefits of combining popular games and other content with Tencent's huge user base, and they are more eager to own their own game and content business - after all, they only enjoy a share of revenue from popular content.

After all, it has been proved that if Tencent can operate the game by itself, it is more beneficial from the company's point of view, and if Lin Feng and Fengxing, as major shareholders, categorically refuse, it may cause dissatisfaction and resistance among Tencent's management and minority shareholders.

After some discussion at the board meeting, Lin Feng conditionally agreed to Tencent's plan to develop its own game business.

The conditions are:

1. Popular new games, CF, Need for Speed, upcoming games such as Dragon Babu, Xianxia World, and Superstar are still online on the QQ platform, and the research and development of Tencent's new games avoids these popular game types that have been developed and avoids competition with each other.

2. Tencent's self-developed games will also be launched on FF in the future to ensure the coverage of users under the dual-platform strategy.

3. Tenpay, Tencent's existing payment system, is connected with Alipay, and users can recharge all businesses including QQ members, QQ shows, and QQ game halls through Alipay.

Lin Feng's idea is very simple, Tencent wants to develop its own games, yes.

But first of all, it can't conflict with the game developed by the popular ones, secondly, the dual-platform strategy can't be affected, and finally, the docking of Alipay is the key.

On the point of final payment, Ma Huateng is more resistant.

Now that Tencent has just launched "Paipai.com", it is intending to compete with Alibaba's Taobao, and the core lifeblood of payment is naturally still in its own hands.

In this regard, Lin Feng no longer gave in, his attitude was very resolute.

"Pony, to tell you the truth, Alipay is now one of the most popular core strategies, we have now completed the access to many e-commerce websites such as Excellence, Dangdang, Jingdong, etc., and provide services for online payment of thousands of websites in China, from the perspective of technology and security, are leading in China, I must incorporate Tencent's related business into Alipay's system, which cannot be refused."

In the face of Lin Feng's rare tough attitude, Ma Huateng and Zhang Zhidong finally nodded and agreed.

There is no way, who let Lin Feng and the people who act in concert still hold more than 50% of Tencent's shares......

Although Tenpay is important, Tencent's development and its own management are even more important.

…………

After the meeting of Tencent's board of directors, Lin Feng and Ye Weiyu stayed in Hong Kong for a few days, Ye Weiyu needed to live in Hong Kong for a period of time, while Lin Feng waited to attend the first module of the CEO class.

During this period, they participated in some parties together, and the younger generation on Hong Kong Island, such as Kwok Konghua, Li Jiacheng (the second son of the fourth uncle Lee Shau-kee), Fok Qigang (the eldest son of Fok Zhenting), He Chaoqiong (the eldest daughter of the gambling king's second room), etc., all interacted on different occasions.

It can be said that Ye Weiyu has been in the topmost circle since she entered the social circle on Hong Kong Island.

As for Li Zekai, he is an acquaintance, and he also made an appointment to go to the yacht club together and go to sea to play.

After Lin Feng relaxed for a few days, on April 7, the CEO course officially began.