5(sL 'Ba Iu3'S dZ Y } ǂe Ϟ 6? nչ Yesterday, the consortium and I made a non-binding privatization offer to the board of directors of the company, initiating the privatization of the company. ”

Lin Feng spread his hands and said with a smile: "It may be because this is the first case of a Chinese company listed on NASDAQ that took the initiative to privatize and delist." I didn't expect it to attract so much attention...... After all, for me, this is just a necessary decision made at this point in time for the better development of Menglong and for the benefit of shareholders. ”

"First of all, I want to say that Menglong's privatization and delisting is not because the stock price is undervalued, or the performance is declining. In fact, Menglong's revenue in the last quarter still maintained a 15% growth. The decrease in profits is also due to the fact that we have invested a lot of money in research and development, as well as strategic M&A investments. ”

"However, due to some uncertainties at the market and policy level, we predicted in advance that there may be risks in the future, so we must prepare and adjust in advance. In this case, privatization is the best option. ”

"Some people may ask me, Richard, are you not optimistic about China's wireless value-added business when you privatize Menglong?"

"No, on the contrary, I am very, very optimistic about the development of value-added services based on mobile communication services in China. With the construction of China's 3G network, there will be more and more new applications and services based on mobile communication networks, such as mobile payment, mobile maps, mobile banking, mobile securities, and mobile video...... Wait a minute. ”

"It's just that, at this stage, based on the SMS and wireless music of Menglong's core business, we need to make some adjustments. As a listed company, it is not appropriate to carry out such large-scale adjustments, and we must be responsible for the majority of shareholders. So, privatize," I said. ”

"Only by privatizing will we be able to disruptively innovate and adapt our business to a more open and future-oriented approach. That's why I decided to privatize Menglong. ”

Lin Feng raised his right hand and made a resolute gesture to show his determination.

After a moment of conversation, he continued: "Speaking of popularity...... Since the first day of my business, I have been saying that this is a great era, and it is a dream era full of infinite possibilities when we look back on it! The Internet is one of the greatest inventions of mankind in the 20th century, and we are in a period of vigorous development of the Internet era, and each of us will participate in this human revolution and witness new changes one by one. ”

"When Fengxing was just founded, I remember very clearly, we built a music website, where users can listen to and download genuine music online, 2002 was the year of MP3 explosion, people like to listen to music on the Internet, but there are many websites are pirated music, and we insist on only online genuine music, which seems a bit silly at the time. The Internet has made it easier for people to connect and access information and content, but that's why people don't pay much attention to copyright. But I have always believed that the most important reason why human beings are different from machines is the creativity unique to the human soul, music, literature, games, ...... These contents, which condense the inspiration and talent of creators, are the most valuable spiritual wealth in the world!"

The audience burst into warm applause.

"So I said, we must purchase genuine music, of course, fortunately we still have Menglong, wireless music income at that time, let us go through the first difficult years ....... Although we are genuine music, the cost is higher, but at the same time, because of the excellent sound quality of the music, we have become the music website with the largest number of users in China. ”

"Since then, Fengxing has always been pioneering in content services: in addition to music websites, we have self-developed online games, acquired China's largest original online literature website, established film and television websites, etc., and we have always been committed to providing users with high-quality Internet content services. Today, we have more than $500 million in content revenue per year. ”

"On the other hand, instant messaging, as we all know, we acquired Tencent, which is listed in Hong Kong, and became its major shareholder, and we launched the instant voice messaging software FF (Feifei) and Tencent's QQ to interconnect, and the current number of registered users is 400 million, and there are more than 100 million active users every day. ”

"We've also built an open messaging-based platform and are now opening APIs to thousands of websites and tens of thousands of developers in China to help them grow with our huge user base and traffic. ”

After Lin Feng briefly introduced Fengxing, he emphatically said: "I think that the essence of the Internet is connection. Some companies connect people with information, such as Google and Baidu, some companies connect people with people, such as Tencent and Facebook, while others connect people with content, such as Fengxing and YouTube, and some companies connect people and products, such as Amazon and Alibaba, ......"

"So, to sum up, what Fengxing does is very simple, it is two things, connection, and content. Our vision is to provide Internet users around the world with easier access and better content services. ”

The applause from the audience was very warm.

At this time, no one has clearly summarized the assertion that "the essence of the Internet is connection", and Lin Feng's words are refreshing to everyone.

Lin Feng paused, he was wondering if he should break the news now......

It's already 2006, and next year Apple will release the first generation of Iphone, and the 3G version of 08 is popular all over the world, opening the prelude to the global smartphone changing the mobile phone industry and the mobile Internet era.

Gritted his teeth and said, anyway, Fengxing has now accumulated technology and content, and it is one step ahead. After the popular listing, there is no problem in terms of funds.

"Speaking of which, after the privatization of Menglong and the merger of Fengxing, yes, in fact, I had similar thoughts a long time ago. ”

"I often wonder what it would be like if the mobile network and the Internet could be combined, and I mean the technology, platform, business model and application of the Internet, combined with mobile communication technology.

"This privatization of Menglong is a good opportunity for us to put Menglong and Fengxing under one group and see if there are any exciting sparks to emerge. ”

"I have been imagining a scenario for a long time: people get rid of the shackles of sitting in front of the computer to surf the Internet, using mobile phones, and can easily enjoy various services and fun of the Internet just like using a PC, we can walk on the road, lie in bed, and chat with friends through mobile phones, play games, watch videos, ....... I think that's what we're going to do in the future. ”

Lin Feng paused, looked at the middle and outer faces below, and said: "Believe me, in the near future, with the development of 3G network construction, with the popularization of IFI, and with the innovation of smartphone terminals, all this will become a reality!"

"I call it: the mobile Internet era!"

"Yes," Lin Feng accentuated.

"I think that in the future, under the innovation and development of mobile communication networks and hardware terminals, we will usher in an era of coexistence of the Internet and mobile Internet, which will be the general trend that will inevitably appear after the development of mobile communication networks and the Internet to a certain stage!

Lin Feng nodded so far, he didn't dare to talk too carefully, such a thing as a speech, it would be good to have a little dry goods occasionally, it is best to be like Ma Yun, draw flatbread and pour chicken soup.

You know, Apple's level of secrecy in developing the iPhone is comparable to that of the Pentagon.

Lin Feng feels that it is enough to throw out the idea of mobile Internet at this stage.

For example, the Andriod system, which is still being developed in the popular Silicon Valley Research Institute, and the smartphone being designed, is not to mention first.

So he changed his tone again: "Of course, these are all things that we need to face in the future, and we may need to wait for a while, it may take 3 years, or 5 years...... What we can do at this stage is to make technical and ideological preparations. ”

"Professor Hecker mentioned just now that he is very envious of my youth, in fact, I already feel old......"

The audience burst into laughter and applause.

Lin Feng felt that he could pour a pour of chicken soup: "It's true, starting a business is a hard thing, and when you set foot on this road, you will find that loneliness and suffering always accompany you." Intense stress often torments you from sleepless nights. I believe that there are many people here who have experience in entrepreneurship, and they have similar feelings as me. ”

"So far, Menglong and Fengxing have made some achievements, but at the cost of my soul being at least ten years old. So, Professor Heke, I'm actually 37 years old!" Lin Feng looked at Heke in the audience and smiled.

Everyone in the audience laughed and applauded.

"Although my heart is old, I am still full of passion and fighting spirit!" Lin Feng continued.

"I once invested in a social network in the United States, and some of you may have heard of it, Facebook, which originated on the Harvard campus and provides social and information-sharing services to college students across the United States, has reached more than 2,000 colleges and high schools, has 34 million active users, and ranks 60th among the national websites. I have a lot of admiration for its founder, Mark Zuckerberg. He's a great entrepreneur younger than me. He is only 22 years old this year. ”

"He told me that his dream was: to connect the whole world!"

"I think, actually, this is also my dream, and the value of the Internet lies in this. Thank you. ”