Chapter 326: Explosive in the United States

"Good afternoon, everyone! I'm Richard, and I'm very happy to see so many investors here today!

"Thank you very much, for being willing to come here and listen to the voices from China...... We hope that the lunch we prepared today, like the Fengxing Company, will not disappoint you. ”

Lin Feng's humorous opening also caused laughter and applause from the audience.

"I am an old friend of Wall Street, 4 years ago, in 2003, I came here to introduce you to Menglong Technology - a Chinese wireless value-added business company I founded, at that time many Americans did not know what wireless value-added services are, but everyone is very optimistic about China, optimistic about the development of China's economy and China's vitality in the emerging economic field, but also optimistic about the infinite future of China's young generation of entrepreneurs, yes, I was 24 years old at that time, I was still very young, not as old as I am now......"

The audience laughed again, a 28-year-old young man, with an old-fashioned tone, always had an inexplicable sense of joy.

However, Lin Feng's words also reminded them of Lin Feng's entrepreneurial resume: the young man in front of him, who is only 28 years old, started his business as early as 7 years ago, and from the perspective of an entrepreneur, he does have rich entrepreneurial experience and amazing business operation strength.

"Today, I am here again to share with you some stories about the Internet, about China, about the future, about the sense of mission of Fengxing Company, and its growth, and I hope that through such exchanges, American investors can better understand the development of China's Internet and understand Fengxing Company. ”

"First of all, I would like to share some data with you, as of the end of June this year, China had 162 million Internet users, which is the second largest Internet market in the world after the United States, and at the same time, China's Internet penetration rate is 12.3%, which still has huge room for growth. At present, the annual growth rate of Internet users in China is 30%, and some institutions predict that by June 2008, that is, one year later, the number of Internet users in China will surpass that of the United States and become the world's largest Internet market. ”

"And Fengxing is China's largest Internet company!" he said with a smile as he raised his hand, raised an index finger, and smiled.

"In China, 100 million users use popular social software every day, including FF voice and QQ, 50 million users communicate and share their lives on popular social networking sites every day, including Renren, FF Space, QQ Space, etc., and more than 40 million users log in to the online game services provided by Fengxing every day to play games and entertainment with friends, our "Fantasy Journey to the West" and "World of Warcraft" The number of people online at the same time has exceeded 3 million, more than 30 million users listen to music and read on popular online music and online literature websites every day, and 20 million users use the mobile value-added services provided by Fengxing every day, such as mobile phone Internet access, downloading ringtones and ringtones, mobile chat ......"

"Popular ranks first in many areas of the Chinese Internet: No. 1 in the field of social networking sites with a 90% market share, No. 1 in the field of online games with a market share of 45%, No. 1 in the field of online music with a market share of 60%, and No. 1 in the field of online video with a market share of 55%. ”

"In terms of mailbox, browser, enterprise services, digital marketing, etc., Fengxing is also in the leading position in the industry, of which FF mailbox has a share of 30%, ranking second, and browser has a share of 33%, ranking second......"

"Fengxing Company is not just an Internet social networking and gaming company, we are committed to building an open platform and building an ecosystem. ”

"In May 2005, Fengxing officially announced the open platform strategy, after two years of development, now the registered developers on the Fengxing open platform have exceeded 300,000; on the other hand, the creativity of developers has also been rewarded accordingly, a number of developers have a monthly revenue share of more than 10 million yuan, and the cumulative income shared to developers has reached 1 billion yuan!"

"Fengxing has always adhered to the concept of user value first, innovation, cooperation and win-win. We believe that user value is the foundation of Internet products, and innovation, cooperation and win-win are the core driving forces for the development of popularity!"

"Fengxing and I are here today, not to raise money, we are here to find more partners!"

"I believe that China and the United States will be the two most important markets for the global Internet in the future, and we need to strengthen exchanges, communication and cooperation between them. The reason why I chose to list on the New York Stock Exchange is to bring Fengxing to the United States, so that American investors can also know Fengxing and understand China's Internet market, so that American investors can also have the opportunity to participate in and share the growth of China's Internet and Fengxing!" ......

…………

Lin Feng's speech was undoubtedly very successful, and he used a large amount of data to show the achievements of Fengxing to this day, and also greatly aroused the interest of investors.

In the subsequent question session, Lin Feng still behaved calmly and talked and laughed.

When asked about competitors, Lin Feng jokingly said that this is a question that the vice president should consider, and his mind is always thinking about how to make the company evergreen and become a century-old enterprise.

Almost all of the questions of investors at the scene revolved around Fengxing's business model, and the topic also involved a number of transactions launched by Fengxing this year, including the acquisition of Sogou and the acquisition of overseas game companies, etc., in addition, the relationship between Fengxing and Tencent and future cooperation are also issues that investors are concerned about.

In addition, the content of the communication also included the popular corporate governance issues, Alipay and smartphone projects, and whether the company's rapid growth can be sustained.

In order to achieve this goal, Fengxing will always maintain a positive and enterprising attitude and entrepreneurial spirit, constantly expand its business territory, and do not rule out the acquisition of overseas excellent companies that are in line with the company's development strategy and carry out globalization strategy.

As for the smartphone project, Lin Feng made no secret of saying that this will be one of the most important businesses in the future, and the reason why it was not put into a listed company is because it still needs a certain amount of time for research and development and accumulation.

In 2006, he said, 26 million game consoles were sold worldwide, 96 million digital cameras were sold, MP3s were sold 135 million units, PCs were sold 200.9 million units, and mobile phones were bought nearly 1 billion units!

This is a huge market, and smartphones are the best form of combining the Internet and mobile phones, and Lin Feng hopes to be able to make some attempts in this regard......

In fact, Lin Feng knew very well in his heart that time was almost tight!

Because the popular Silicon Valley Research Institute has registered in advance on some patents to card the slot, Apple's iPhone research and development has been greatly affected, and the Iphone, which was originally released on January 29 this year, has not been released yet, and I don't know what changes have been made to the iPhone in order to bypass the popular patents...... With his paranoid pursuit of perfection, even if the iPhone released by Apple is no longer the iPhone of the previous life, it will definitely be a great product!

Lin Feng knows that it has been about the same time as Apple has been delayed for half a year, and Apple will also release the iPhone at the autumn conference at the latest!

The R&D process of the popular Xphone will be accelerated......

However, for the time being, he does not have the energy to take care of the smartphone project, and the most important thing now is to go public smoothly before the subprime mortgage crisis breaks out, and to raise as much money as possible!

The first stop of the roadshow was quite successful, which can be seen from the excited expressions on the faces of the investors who flocked to Lin Feng to communicate with Lin Feng after the roadshow.

After the roadshow, a number of fund managers and analysts said that they were deeply impressed by Lin Feng's speech during the roadshow. They believe that the Chinese social and gaming company has amazing cash flow generation and low capital intensity, much like Google, the star Internet company in the United States.

Asset-light, high cash flow, high profits, and a world-renowned "founder" Lin Feng, which is almost in line with the taste of those "bloodthirsty" investors in the United States. Ill Danoff of Fidelity Contrafund said: "Richard has done great. The popular prospectus is very informative. ”

On July 8, the first stop of the roadshow in New York.

On July 10, the second stop of the roadshow was Boston.

At this time, something happened that shocked Lin Feng and all the listing team!

Only two days after the first round of roadshows, the amount raised by Fengxing's plan, $8 billion, has been fully subscribed!

What do you mean?

The roadshow is actually a pre-sale, that is, the orders that are expected to be planned for two weeks of the roadshow will be sold in two days!

Even if it had been expected that the capital market would react hotly to the listing, such a subscription enthusiasm was too hot...... 7110