Chapter 102: Closed-door Meeting-1
Fengxing company, chairman's office, independent conference room. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
The existing core management team of Fengxing Company gathered together.
Lin Feng, Chairman and CEO, Li Dong, Executive Director and CFO, Wang Hao, Executive Director and CTO, Zhang Zhijiao, COO and General Manager of Website Business Group, Yao Xiaoguang, Vice President and Deputy General Manager of Game Business Group, Xu Bo, Vice President and Deputy General Manager of Game Business Group, Zhang Xiaolong, Vice President and Deputy General Manager of Website Business Group, Fei Yang, Vice President and Deputy General Manager of Website Business Group.
The above 8 people are the current core executive team of Fengxing Company.
Lin Feng is very fair and has rules.
Like the two vice presidents of the game business group, Yao Xiaoguang and Xu Bo, both of whom were successful after the open beta of the game, were promoted according to merit. Lin Haixiao is still immersed in perfecting the game, and only hangs up the position of deputy general manager of the game business group. If the journey goes public with good results, Lin Haixiao will also be promoted to vice president, which avoids the disharmony of the three internal studios, and also makes the people of the "Haitian" studio secretly grit their teeth and work hard.
Although Qin Sheng is his brother, his ability has not yet been reached, and he cannot enter the top level of the company.
Lin Feng sat in the middle of the top and smiled first: "Let's welcome together!"
Everyone looked at Zhang Xiaolong with a smile and applauded warmly.
"Xiaolong, let's talk to everyone. Lin Fengdao.
Zhang Xiaolong was quite touched: "Thank you, I am very happy to see you all in the capital, Fengxing is a young, but full of energy and passion of the company, so that I have also been infected, I have communicated with Lin Dong before, Lin Dong's strategic vision and courage, I am very shocked, but also extremely excited." I hope to work together with everyone to develop Fengxing Company into a great company in China's Internet industry!"
Lin Feng smiled and answered: "Xiaolong's joining is undoubtedly a tiger with wings for Fengxing Company, I believe we will achieve this goal!"
He looked around at everyone, his face was slightly pale: "Today's meeting is a closed-door meeting, we all know that the company has recently made strategic acquisitions, and the company's business model will also undergo some changes, and we need to study together how to better integrate these businesses together, give full play to the best synergy, and ensure the competitiveness of the company's various business lines." ā
Li Dong spoke first and smiled at Lin Feng: "Speaking of hao123, I really admire Lin Dong's decision-making, I had reservations about this acquisition plan at the beginning, but Zhijiao completed the negotiation with Li Xingping perfectly, I heard that there were some small twists and turns in the negotiation? Speaking of which, Zhi's frame is indispensable. ā
Zhang Zhijiao humbly continued: "I don't dare to take credit, it's all the boss's strategy!"
"The boss told me in advance that Li Xingping has realized the impact of the Baidu search engine on website navigation, and he maintains this website alone, which has been a little difficult in the current form of competition, so the other party's intention is relatively good, although there are some twists and turns in the middle because of the tax burden of the transaction, but Lin Dong made a decision and decided that our popular company should bear all the tax issues in the transaction to avoid Li Xingping's troubles. This was the successful signing of the contract. If you want to talk about the credit, it is the boss who gives the most credit. ā
Lin Feng smiled and waved his hand: "It's not good for the two of you to say this, Xiaolong participated in our meeting for the first time, if you mistakenly think that the culture of the popular company is to slap the boss's ass, it will be bad!"
Zhang Xiaolong shook his head and smiled: "Don't worry about Lin Dong, I won't misunderstand, to be honest, I also admire Lin Dong's sharp vision very much, speaking of which, foxmail has been in Boda for three years, but it has been half-dead for the past two years, Boda has no funds to continue to invest in research and development, and I am really worried about the decline of foxmail!"
"Thanks to Lin Dong's personal visit, he talked with me all night long, talked about his views on the next development of foxmail, and told me that foxmail will be one of the core businesses of Fengxing company, and will invest a lot of money in R&D, upgrading and promotion, so that foxmail will become the preferred mailbox for Chinese, and did not hesitate to agree to the offer of 5 million US dollars proposed by Boda company, which really moved me ......."
Lin Feng laughed: "Stop, stop, you guys, if you keep talking, I will become a martial artist and the first in the world...... Let's get down to business. ā
"In the past, there were two main parts of the company's business, music and games. ā
"In terms of music, our Wu Ai Music Network is currently developing well, and next, I will merge Fenghua Culture into the company, and connect Wu Ai Music Network with Fenghua Records and Fenghua Performing Arts Agents to form a whole industrial chain to create original musicians. ā
"In the game business, at present, our game business group includes three major studios: Wuai Game Network, 'TiMi', 'Haitian' and 'Dream'. So far, the development is not bad. ā
"If we continue to develop according to the previous business model, we will become a relatively good Internet interactive entertainment company, or with the expansion of the game business, we will become a leading game company in the industry...... However, this is not the real goal of the development of the popular company. ā
"We have always said that we want to develop Fengxing into a great Internet company!"
"Therefore, when the company's funds are not very abundant, I decided to spend a huge amount of money to acquire hao123 and Foxmail. The world's largest website and the world's best email client software. ā
"I'm also going to explain to you in detail why these two acquisitions were made. ā
"In the Internet industry, traffic and users are the core, and users can rely on high-viscosity content products such as music and games to retain them, but traffic needs to be diverted from other entrances. So, I once thought about whether to do a web portal as well? But there are too many web portals on the market at present, and our company does not have the gene to do news and information, so how to get traffic? Two ways, search and navigation. Baidu's search technology is patented, and it will be very hard for us to catch up, and it is not in line with our company's philosophy of business leadership and content innovation. ā
"So I thought of hao123, if Fengxing acquires hao123, the world's largest Chinese website navigation, our company will have its own traffic entrance, whether it is music, game business, our professional website can achieve traffic import through hao123, in the future when we develop new business, hao123 is the best promotion channel and user, traffic entrance!"
"Joe was worried that the price we gave 40 million and 2% of Fengxing shares was too high, and I would say that from the perspective of the company's long-term development and the actual value that hao123 brought us, this price is too cheap!"
Li Dong shook his head and smiled.
Lin Feng also looked at him kindly and nodded, and continued: "With hao123, our website business group will have the vanguard and core, and then around hao123, we will do a series of articles." ā
"I'll talk about foxmail again, in fact, Xiaolong said just now, I appreciate foxmail very much, this is what I think is the best email client software in the world, and I don't have any reason to let it go...... Email service is one of the three most commonly used services by Internet users, and it can be said that it is also one of the products with the highest user usage and viscosity. Any company with ideals and visions will not give up the business of mailbox service. ā
"Of course, to be honest, Xiaolong himself is also my target. Xiaolong is one of the earliest outstanding software programmers in China, and it can be said that he is an old company, and as an emerging company in the Internet field, we need his talent and wisdom to help the company go further in the Internet industry!
Zhang Xiaolong was a little embarrassed: "Lin Dong, you praised it falsely." Don't dare to be. ā
Lin Feng thought about it and decided that it was time to reveal some strategic ideas to these core personnel.
"Lao Wang, I think I can tell you about the situation of 'FF' and 'Quick Pay'. ā
Wang Hao nodded, these people here are the core management who have been observed and tested for a long time and can be trusted, and the two projects he is currently presiding over have also reached the stage where they require a lot of resources from the company, and it is impossible to keep them secret.
"Okay, Lin Dong. ā
"Colleagues, I would like to inform you of the research and development of strategic products with the highest level of confidentiality of the two companies. ā
"First of all, the first R&D project is an instant voice messaging software codenamed 'FF', Chinese name 'Feifei', as a social software, we plan to start from the company's existing game and music users, and provide a variety of value-added services, including voice, text chat, game chat room, game team voice group, music cover, sharing, connecting the personal homepage and personal space of Wuai Music Network and Wuai Game Network, and providing a series of value-added services such as email services. Eventually, it developed into the industry's leading voice communication and social software. This is one of the company's core businesses in the future, which is currently in the confidential research and development stage. ā
And all the people changed color.
Lin Feng and Wang Hao have done a good job of keeping this project secret, Li Dong has been busy with Menglong's listing recently, and he doesn't know much about it, and the others don't know anything about it. Only Fei Yang has been transferred a lot because of the backbone of the technical team, and he has a faint guess.
"This project is so awesome! Isn't it going to be against Tencent?"
"This software is good, there is finally a product that can wear all our existing businesses!"
"Feifei, this name is kind of interesting! ā
Several people began to discuss enthusiastically.