Chapter 116: Aftermath

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CCTV's 2 sets of "Financial Connection" and 1 set of "Face to Face" programs successively broadcast an exclusive interview with Lin Feng.

This is the first public appearance of Lin Feng, as a hot news figure after Menglong's listing, in the media, and he was interviewed by CCTV, a national authoritative media, which can be described as having a huge impact.

These two programs are both brand-name programs with high ratings in China, targeting different audience groups and covering a wide range.

The audience of "Financial Connection" is mainly financial and business people, while "Face to Face" is aimed at high-end groups in the political and business circles, as well as hundreds of millions of ordinary viewers accumulated since the time of "Oriental Time and Space".

Through these two interviews, Lin Feng also became well-known to audiences across the country overnight!

Many people who are more traditional and don't pay much attention to the Internet have also learned through TV that there is a handsome young man who is only 24 years old and has made billions of dollars after graduating from college and listed the company in the United States within 2 years of graduation.

The "legendary" myth of wealth creation always has a great spreading effect!

For a time, the "forest wind phenomenon" became a hot topic in society, and various articles were published in countless media for analysis and discussion.

For ordinary people, pay more attention to topics such as Lin Feng's youth, handsomeness, entrepreneurship, and billions of wealth.......

Even many female netizens have shouted slogans such as "male god" and "idol".

But for people in the industry, it's more about what he talked about in the interview.

In particular, he put forward the "SP Industry Self-Discipline Initiative" in an interview with "Financial Connection".

When several major domestic SP companies such as Lingtong, TOM Online, Huayou Century, Honglian Ninety-Five, and Beiwei Communications heard the news, their hearts were devastated!

Lin Feng, you're crazy!

, your Menglong has been successfully listed, raising 360 million US dollars, holding more than 3 billion yuan in your hands, without any scruples, right?

Nima, we are still in the stage of preparing for listing!

You broke out the industry problems, this is a critical period before our listing, a stab!

Are you ready to smash everyone's jobs?

But Lin Feng's industry self-discipline proposal, Nima is absolutely politically correct!

After reading Lin Feng's interview, the leaders in charge of the Ministry of Information Industry and the operator were very appreciative, and the news came out from many channels, and they were happy to see the SP industry spontaneously organize such a self-discipline group to eliminate the adverse social impact caused by SP's past violations.

Menglong's action was very fast, and the day after Lin Feng was interviewed, the content of the industry self-discipline proposal was sent to several other hands of the six major SP companies, and Menglong proposed that the six large SP companies jointly launch an initiative to standardize industry behavior.

To put it bluntly, it is to pull a few large companies in and reshuffle the cards together.

That's embarrassing.

No matter how much they hate in their hearts, they can only pinch their noses and admit it at this time.

As an industry-leading company, in this special period, we must make our position and social responsibility clear, otherwise there will be no good fruit to eat.

They are also ...... to face.

The six major SP companies jointly signed the "SP Industry Self-Discipline Initiative", which will be jointly announced to the public.

After signing, someone said to Li Dong, who came to sign on behalf of Menglong: "Mr. Li, you Mr. Lin are really ruthless this time, cutting off people's wealth is like killing his parents, isn't he afraid of public anger?" ā€

Li Dong smiled: "Everyone, don't be ignorant of good people's hearts, Mr. Lin is saving everyone's ......, think about it, our major companies actually have very few illegal operations, and the real messing around are small companies, but in the current situation, they have gone too far, and user complaints and social repercussions are so strong!" If we don't engage in industry self-discipline, when the operator begins to order strict investigation and supervision, everyone will suffer together! …… Think about it! ā€

The faces of the executives of several companies who said this changed their faces, which is indeed very possible.

Everyone knows that SP's current illegal operation like grabbing money will definitely not last long, if it is really not restricted, in the future, if the Ministry of Information Industry and the operator order strict management, several large companies will suffer.

That's a good thing to say......

But in this period in front of us, it is a critical stage for all companies to be stimulated by Menglong's listing and prepare for listing...... Nima is too ruthless!

Lin Feng didn't care so much, and a few months later, NetEase stabbed everyone when it released its financial report, and he was also affected. It is better to start with this knife yourself and poke it out in another way, at least it has won the reputation of Menglong Company for having the courage to introspect, taking the lead in proposing industry self-discipline and the courage to assume social responsibility.

As for getting in the way, hehe.

If Lin Feng didn't do it, these people would have ruined Menglong's wealth.

Menglong's market value is more than 20 billion yuan, and if it is affected by the strict management of the SP industry in the future, the stock price will plummet, which is no joke!

Lin Feng has to take precautions from now on.

As for the recent news that may cause Menglong's stock price to fall, what is the matter with Guan Linfeng? Anyway, there is still half a year left for the stock lock-up period.

When Menglong's financial report comes out at the end of the year, it is estimated that it will blind the eyes of those American analysts, and the stock price will naturally rise at that time.

As for whether those small SP companies in China will retaliate against ...... because of this.

It's not that Lin Feng looks down on those small SP companies that are cheated and abducted, just with his current limelight, wealth, and status in China, who would dare to touch him?

Of course, just in case.

Lin Feng still asked Ji Yiqing for help, and she recommended a security company called "Bo Police" in Beijing with a deep background. Menglong and Fengxing Company have signed security agreements with "Bo Police" security and are responsible for the security work of the two companies. and hired two bodyguards for Lin Feng and Ye Weiyu. Nominally, of course, the driver.

Originally, Lin Feng was going to buy another Maybach 57S, and he really needed a driver.

Ji Yiqing's shot will never disappoint.

The bodyguard she recommended for Lin Feng is named Li Zhao, who is simple on the surface, but actually strong, and is a retired member of the special combat team of the Lanzhou Military Region and Lin Feng's fellow countryman. And Ye Weiyu's bodyguard is a Jinmen girl named Zhao Jing. This kind of family that knows the roots is the safest. And that Zhao Jing looks very delicate on the outside, not like a bodyguard at all. Lin Feng discussed with Zhang Jingyu and asked Zhao Jing to enter Ye Weiyu's group according to the recruitment method, not to tell Ye Weiyu first, so as not to scare her, and let the two become best friends first.

These chores were dealt with for a few days.

Just when the self-discipline turmoil in the SP industry caused by Lin Feng's interview with the outside world has just risen, and the whole society is encouraged by his "Lin's Chicken Soup".

Lin Feng successively held board meetings of Menglong Technology and Fengxing Technology.

………………

Menglong Company, Board of Directors.

When everyone smiled and congratulated each other on Menglong's successful listing, Lin Feng put forward his proposal.

He is ready to step down as CEO of the company, retaining only the position of executive director and chairman of the board of directors of the company, and nominating Li Dong to take over as the company's CEO.

This motion surprised the other members of the board of directors!

Xu Xin first raised objections: "Lin Dong, you are the spiritual leader and founder of Menglong, if you step down as CEO, it will cause a lot of shock in the capital market and affect the company's stock price!" Of course, I think Joe is definitely capable of being the CEO of the company, but we have to consider that the company has just gone public and that such a drastic change in CEO can have unpredictable consequences. ā€

The senior partner of Sequoia Capital also expressed concern in the video link: "From the history of U.S. listed companies, many founders leave the CEO, which will cause short-term chaos and stock price changes in the company, Richard, have you thought about it clearly?" ā€

Lin Feng nodded and said with a smile: "This decision was made by me after careful consideration, and I also communicated with Joe on the night of the company's listing. In fact, in the past year, Joe has actually undertaken the specific management and operation of Menglong Company, and has been doing the work of CEO. Moreover, I believe that for the U.S. capital market, Joe, who graduated from Harvard and has many years of investment banking experience at Goldman Sachs, should be more ......popular than me. ā€

He saw that Xu Xin wanted to open his mouth to oppose again, and waved his hand and said: "Of course, I don't care about Menglong Company anymore, as the company's largest shareholder and the chairman of the board of directors with 77% of the voting rights, all major matters and strategic directions of Menglong will be decided by me in the end." You can rest assured of this. ā€

The partners of Tiger Global Fund agreed with Lin Feng's decision in the video link: "I agree with Richard's proposal, I don't think the capital market will have a big reaction to Joe taking over as CEO, hiring professional managers with better management experience is a must go through in the development process of listed companies, Joe has the qualifications and experience to serve as the CEO of Menglong, I agree." ā€

Xu Xin opened his mouth, swallowed it back, and said nothing more.

Obviously, Lin Feng has made up his mind, he has 77% of the voting rights, in fact, he can make a decision in a word, and it is already very good to hold a board of directors to discuss with everyone.

In the end, the board of directors of Menglong passed the proposal of Li Dong to replace Lin Feng as the CEO of Menglong Company.

Then, at the board of directors of Fengxing Company, Lin Feng once again put forward a heavyweight proposal.

"What, you're going to increase the capital of the Fengxing Company?"

Xu Xin and Guo Yihong's faces changed at the same time.