On May 22, 2000, Huaxia Qingmu Company was listed on the Nardas Stock Exchange, offering 5 million ordinary shares at an issue price of US$15 per share on the first day, raising a total of US$75 million.

The Qingmu portal was valued at $300 million, and the share capital was 20 million in total.

However, since March 1, 2000, the Internet bubble has begun, so Qingmu stock did not skyrocket, and on the day of listing, the stock price only rose to $15.6, a particularly large increase.

In this regard, Li Feiteng is also very helpless, he was sick for a year, and missed many good opportunities, for example, the time for Qingmu to go public, at the end of last year, and the beginning of this year, are stronger than the second half of this year.

Although the expected purpose of Qingmu's listing has not been achieved, after the listing of Tongguò this time and the domestic media's scrambling to tout it, the brand of Qingmu portal has been deeply rooted in the hearts of the people.

Longteng Holding Group is still retained, but Longteng Holding Group has changed from the entire account to Li Feiteng's personal wholly-owned company this time.

Simply put, this group controls all the companies that control it, which is equivalent to a property management company.

Longteng Holding Group and ITQ merged, Ru Lynch served as the president of the group, Li Feiteng became the chairman, the company has a registered capital of 2 billion Hong Kong dollars, and a registered management capital of 1.2 billion US dollars, but only 120 employees.

Don't underestimate these 120 people, all of them are elite venture capitalists in the past two years of ITQ's development, it can be said that everyone is a millionaire with an annual salary of more than $100,000, such as Ru Linqi's salary is already $1 million a year.

Longteng Holding Group, the first to hold is Qingmu. There are 54% shares. The total value is $162 million - $165 million.

The second. Longteng Buckle Technology, 80% of the shares, worth $48 million - $50 million.

The third, Yunteng Gaming Technology Company, is 85% owned and worth $85 million - $90 million.

The fourth, Google Information Technology, has a 75% stake. Worth $150 million - $160 million.

The fifth, Soxin Information Services, is 51% staked, worth $120 million - $130 million.

In addition to managing the shares of Philip Lee's five major companies, the group also manages his current $300 million in Apple, which is worth about $36 million, with a total of 36 million shares, including 20 million preferred shares and 16 million common shares. A total of 10% of Apple's shares is the happiest investment he made during the Internet bubble.

Li Feiteng was reborn for five years. Throw away a year of sick time, these four years. Even if people already know that he has a lot of money, but when the registered capital of Longteng Holding Group comes out with a capital of 1.2 billion US dollars, there is no doubt that it will become the largest Internet holding company in the whole of China.

Even in Asia, Longteng Holding Group has surpassed many companies and soared to second place, second only to the island nation of SoftBank Group.

I don't know when it started, the title of the godfather of the Chinese Internet was once again poured on the top of Li Feiteng's head by the media, and unlike before, this time there was no opposition at all.

Moreover, there are some people who have made serious comments on this, which is actually sycophancy.

Wang Jiangming, the CEO of Jiangming Technology, took the lead in commenting on Li Feiteng and said: "There is no doubt that he is (the godfather of Huaxia Internet), and Longteng Holding Group has not yet got all his companies into it, for example, our Jiangmao is also invested by Li Feiteng 51% holding." ”

Ding Lei of NetEase, he was interviewed by reporters, and also said with a smile: "I said that he is not, you must scold me, I can only say that Qingmu Company financed NetEase, and Li Feiteng also invested in me, although I can't say how many specific shares, but there is no doubt that he has absolute control." ”

Compared with Wang Jiangming, after Netease Ding Lei's words came out, the effect of shocking the world was greater.

Indeed, Qingmu owns 26% of NetEase's shares, and Li Feiteng owns 54% of Qingmu's shares, which means that he also owns more than 13% of Qingmu's shares.

But he personally owns 40% of NetEase's shares, and this 40% stake was invested by him for 320 million Hong Kong dollars after the money in the Xiangjiang stock market was sold last month.

In this way, Li Feiteng really owns about 53% of the shares.

However, NetEase's controlling stake is in his hands, and the controlling power is in the hands of Ding Lei, Li Feiteng is equivalent to a venture capitalist, unlike other companies, NetEase cannot be regarded as his, because the boss is not him, Ding Lei is the real boss and manager.

What is absolutely unexpected is that Zhang Chaoyang also commented on Li Feiteng very fairly and positively in this time, he said: "I don't know if he is the godfather, but he is indeed the most far-sighted, the fastest and the first person in the entire Huaxia Internet. ”

After Li Feiteng saw Zhang Chaoyang's words in the newspaper, he felt that the time had really come, and it seemed that the search arc was also short of funds.

After the arrival of the Internet bubble, foreign venture capital will no longer spend large sums of money, and every Internet will enter the days when the wallet is deflated and the money is tight.

It can be said that if it weren't for this, NetEase and Tengxun in their previous lives would not have made any online games, because not only the public needs to see the profits of Internet companies, but also venture capitalists must see the value.

All in all, at the beginning of the Internet, venture capitalists were actually very enthusiastic and blind, including entrepreneurs, who did not know how the company made money, but were bent on making the platform bigger.

To put it bluntly, everyone is now crossing the river by feeling the stones, the first time.

The emergence of Li Feiteng has changed this status quo, especially because Yunteng Games has made profits in the past two years, which has stimulated many companies.

Companies that don't make money are high-profile, and companies that make money are low-key, which is the so-called muffled and rich.

A "Torchlight" series has earned hundreds of millions of yuan, and only industry insiders know that Yunteng Games is the most profitable company for Li Feiteng now, but it is not the most valuable company.

Li Feiteng has been doing this all along, he doesn't want others to get a glimpse of the value of his other companies, such as Baidu, Longteng buckles and the like, opening so many companies is nothing more than making people scratch their heads, without serious research and pondering, they don't know where Li Feiteng makes money from and how much money he has.

Even if Li Feiteng himself doesn't know this, he doesn't need to understand it, because as long as the company does well, everything is thriving, and in the future, someone will help him count his assets. (To be continued......)