Chapter 280: Capital Injection

Wang Qiang's father, Wang Wenhu, and his mother Chen Shuying sent their sister Wang Jing to Fudan University to report to Fudan University, and they drove Wang Jing's red Dongfeng Fengshen A60.

The two went for nearly half a month, in addition to sending their daughter to report, after Wang Jing reported, the two also traveled to Jiangsu and Zhejiang, until they called home, and then returned to Xinghua Town.

If it weren't for the fact that there were still a lot of things at home that couldn't be put down, the two of them would probably go shopping for another ten days and half a month.

Not long after Wang Wenhu and Chen Shuying returned, Chen Haipeng also led the team back to Sanqin Province.

Hearing his uncle Chen Haipeng's report, Wang Qiang found that he had more things to do.

"We don't have to worry about 360, we just need to send financial personnel," Chen Haipeng said: "But Autohome and Chasing Waves, Era Games and the school intranet need to be focused on because we have more shares." Look, do you want to merge all of these companies into the Epoch Network now?"

Anno Games is a new company re-established by Anno Ventures after acquiring the operating rights of the game "Knife Online" and then annexing the distribution department of Yi Force.

"No," Wang Qiang waved his hand and said, "Just let them develop on their own."

"How much money will be spent on this acquisition?" Wang Qiang asked.

"At 360, we spent $5 million, or five percent of the shares. We each spent $2 million on Wave Chase and Intranet, accounting for 80% of the shares. We spent $10 million to acquire 80 percent of Autohome's shares. As for the creation of Anno Games, we spent nearly 30 million yuan," Chen said.

"58 What about over there?" asked Wang Qiang.

"58 is still forming a company, and there is no talk of financing yet," Chen Haipeng said: "But the valuation of 58 should be about 100 million US dollars, and it is estimated that Yao Jinbo will sell about 20% of his shares." Yao Jinbo sold his first website, the largest domain name trading and value-added service website in China, to Wanwang. I still have a little spare money in my hand, so I'm not so eager to get financing."

Wang Qiang nodded when he heard this, and said: "58 is keeping an eye on it, and when they form a good company, as long as the price is not too outrageous." We will eat as many shares as Yao Jinbo releases."

"Okay, I know how to do it" Chen Haipeng nodded and said.

"Spin off the network technology company under the Epoch Group, merge with Epoch Games, and focus on the operation of the game "Knife Online", Wang Qiang said: "As long as Autohome gets Qin Zhi to the position of president, Li Xiang can be the chairman." Let's not meddle too much in Autohome, we just need to keep an eye on the finances, so that our investment will not be wasted."

"Didn't you say that Qin Zhi should be the vice president?" asked Chen Haipeng.

"If you want to be less constrained and be able to let go, the position of president is the best" Wang Qiang said: "Qin Zhigang can let him be in the position of vice president first, but if the effect is good, I still have to discuss with Xue Manzi, let him do Li Xiang's work, let Qin Zhi be the president, and be fully responsible for Autohome." Li Xiang is a person who can make a car home, but Qin Zhi is a person who can sit on a car home from 100 to 1000"

"I see," Chen said.

"How much liquidity do we have?" Wang Qiang asked.

"The acquisition didn't cost much in total," Chen said, "and there's still a lot of money left over."

"That's good, invest more funds and make every effort to develop the school intranet," Wang Qiang said: "In the case of surplus funds, we must ensure that the school intranet has 100 million expansion funds this year."

"School intranet?" Chen Haipeng asked.

Chen Haipeng thought he had misheard. The school's intranet is one of the lowest-value websites in this acquisition, and now Wang Qiang suddenly said that he wants to increase investment, so that Chen Haipeng has a feeling that his car has gone off track and is running at the wrong speed.

"Yes, now, most of my country's netizens are students, or students who have just graduated from school," Wang Qiang said with great certainty: "The rapid expansion of the school intranet can quickly accumulate users, increase visits, and enhance the influence of the website."

"The school intranet has a lot of development prospects?" Chen Haipeng said with some skepticism.

"If there's one website in China that can challenge Tencent's supremacy, it's the intranet," Mr. Wang said.

"How is that possible?" said Mr. Chen.

"Uncle, if there is a website that allows you to find your former classmates, and maybe you can also find the girl you had a crush on when you were a student, would you log on to this website?" asked Wang Qiang.

"It should be, right?" Chen Haipeng thought for a moment and said with some uncertainty.

In fact, his heart is certain, after all, everyone has their own memories of their school days, and they are eager to find friendship at that time.

"That's it," Wang Qiang said, "and the school intranet is one such website." Although the coverage rate of the intranet is not high at present, if all schools at home and abroad are included in the intranet, you imagine how many new users will be added to the intranet every year, and these users are all real-name users. At present, there is no instant messaging software in the school intranet. If the school intranet also makes instant messaging software like QQ, the instant messaging field in China is likely to be split in two, and Tencent's hegemony will be gone forever."

"Then why do you want to make instant messaging software now to compete for a share of Huaguo's instant messaging market?" Chen Haipeng asked.

"The current school intranet has not even covered all the schools in China, and the functions have not yet been perfected, so it is too early to start instant messaging," Wang Qiang said: "And if you launch instant messaging software now, it is likely to be a surprise." Tencent has just been listed in Xiangjiang, and it is at a time when the wealth is deep, and Irigo finds that if we challenge its hegemony, we will definitely encounter violent interference."

"How do you intervene violently?" Chen Haipeng asked.

"If it were me, I would have bought the school first. If the acquisition doesn't go well, I will spend a lot of money to poach the technical staff and management of the school intranet. It will paralyze the instant messaging service in the school intranet before it has developed," Wang Qiang said.

"If that's the case, it's a big problem indeed. Then we won't encounter such a situation when we develop instant messaging in the future?" Chen Haipeng asked.

"This requires a rapid expansion of the school's intranet to increase the number of registered users. When the number of registered users on the school intranet increases to a certain number, the content of the website has its own characteristics. We also have a certain amount of capital accumulation. At that time, it was launched again, and as soon as it was launched, it was estimated that a lot of people would sign up. When the time comes, in the face of Tencent's attack, it will not be powerless to fight back," Wang Qiang explained.