At this stage in April 2003, the three giants of China's network technology industry are still the three major portals, and this is still their time, as long as it comes to China's network technology industry, everyone will think of them at the first time.

Tencent, Tiantian, TOM, and Shenzhou Network can only be regarded as the second echelon, and the two B2B websites of Ali and HC are not even counted as the second echelon, because Ali is not profitable, and three of the first four are profitable.

Tencent's main profit comes from the communication equipment industry, Tiantian Network and Shenzhou Network rely on online games to make profits, and TOM is currently the fourth largest portal.

Guangzhou Tencent Technology Development Co., Ltd., founded in 1995, was the first agent of Nortel network communication equipment, since then involved in the number of switches, UMS unified communications and other services, in 1997 launched the B2B website Feishang.com, soon launched the TXIM business, convenient for merchants to talk online, in 1998, TXIM evolved into the instant messaging software QQ.

In the field of China's network industry, Tencent and Tiantian are still one step away from the three major portals, this step is to list overseas, the users of the two quasi-giants are super large, Tencent QQ has 300 million registered users, and the daily security optimization master and Tiantian browser are close to 70 million installed users, and the market share is more than 90%, far ahead of other competitors.

Obviously, not everyone wants the merger of the two quasi-giants of the second echelon.

In just a few days after the news came out, several portals coincidentally launched special topics, all kinds of sour irony, all kinds of worries, on behalf of the entire network industry to express worry, in fact, their worries are too immature.

The merger of Tencent and Tiantian is definitely at the 3000 level, although it is not aimed at the three major portals, it can almost crush the three major portals.

Venture capital firms at home and abroad are more like vultures staring at carrion, soaring in Jiangzhou.

Tencent's senior management even poured out of the nest and collectively lived in the Jiangtai Royalty Hotel, and the main negotiation place between the two parties was the office building of Block A of the Yangtze River Entrepreneurship Center of Tiantian Company.

Until the outcome of the negotiations is out, no one knows what will happen next.

Life is like a play.

The outside world must not have imagined that the real negotiations would have ended long ago, and Xu Teng returned to Jiangzhou from Taipei to meet with Tencent's executive president Liu Zhiping and vice president Tang Jun on the same night, and the three of them had reached a deal.

These days, the two sides are mainly discussing the specific restructuring strategy, the overall structure of the new Tencent, personnel arrangements, the distribution of product lines, and the long-term development goals of the two companies.

The big predators in the domestic venture capital field, Mr. Xiong of IDG, Mr. Yan of Softbank Fusai, and Sister Sha of AIG Asia Fund, have also been in Jiangzhou in the past few days, contacting both parties, wanting to participate in merger negotiations, and willing to provide restructuring consulting, capital and listing guidance.

AIG's Sister Sha is the most exaggerated, and she wants to provide hundreds of millions of dollars to help Xu Teng reverse merge Tencent.

This group of venture capital predators was really tricked, and they didn't know that Tencent and Tiantian were originally a family, but they were just internal transactions of the old Xu family.

They haven't come back to their senses yet.

On May 4, 2003, Tencent and Tiantian concluded all negotiations and officially held a press conference, at which Liu Zhiping, President of Tencent, and Yang Fuyou, CEO of Tiantian, announced the merger plan.

With immediate effect, Tencent holds all the shares of Tiantian Company, and the shareholding rights of the original shareholders of Tiantian Company will be merged into Tencent, and Xu Teng will serve as the vice chairman of Tencent Company and continue to serve as the senior executive president of Tiantian Company.

After the restructuring, Xu Teng held 37.5% of Tencent's shares, ranking as the largest shareholder.

After the results of this merger were announced, it was also widely believed that this was a collective defection by Tencent's founding team to the capital side, and Tongguò united with Xu Teng to ensure the company's control rights.

It's also definitely a typical win-win merger.

At present, in the domestic network industry, only Tiantian Company and Microsoft Corporation, which has launched MSN, can challenge Tencent's monopoly position in the field of IM business, and the combination of the two sides can completely lock Microsoft's MSN.

Through the merger of Tiantian Company, Tencent acquired dozens of serialized Tiantian websites at one time, with a total traffic of more than any of the three major portals, and became the second largest online game operation company in China overnight, with the best game production team in China.

During this period, the domestic network industry is still paying attention to the chicken rib business of mailbox, and the mailbox of every day, gold medal mailbox, and QQ mailbox add up, and the mailbox business of the three major portals is also instantly crowded.

Now, Tencent can be listed, whether it is in the mainland, Hong Kong, the United States, anywhere can be listed, there is absolutely no profitability, market share, products are no problem, IM, security two fields occupy an absolute monopoly position.

Taking into account all factors, Xu Teng still chose to be listed on the main board of Hong Kong's H-share market because of low taxation and convenient financing.

These days are really continuous, there are endless meetings every day, mergers are easy to talk about, corporate strategy and personnel arrangements for new business departments, these things are the most headache, and it took a whole week to finalize them one by one.

After the celebration banquet at the Jade Restaurant at noon, Xu Teng returned home in his Rolls-Royce Silver Angel, but five minutes away, he had not yet arrived home, and he received a text message from Sha Liqi, general manager of AIG Asia Fund.

"Xiao Teng, you are still too immature and lack trust in me, you should let me participate in the merger negotiations, and I will definitely be able to win a merger plan that is better than your conditions. Sha Liqi is the shareholder representative of AIG Asia Fund in Tiantian Company, but unfortunately the shareholding ratio is too low and she has no right to oppose the merger, and has just received a merger plan from Tiantian Company.

She was confused, and really felt that Xu Teng's asking price was low.

Whether this merger condition is low or high, it is really a matter of opinion, and the wise are wise.

"Fortunately, small issues are not worth arguing about, if you talk about it for a month, it will collapse if you don't do it, let's solve it quickly. Xu Teng didn't really want to reply to her text messages, because this sister was basically in a state of "You-Know-Nothing".

Xu Teng doesn't like the feeling of having other men around him, even if it is Chen Jian, it will make him feel a little uncomfortable, especially in confined spaces such as cars and rooms.

Therefore, he has always let Sister Hong serve as the driver.

Yu Suyun was still sorting out the consolidated reports and meeting minutes next to him, and Tencent's various asset statements were placed in the middle of the back seat.

"Sister Hong, drive slowly, I'll think about it. Xu Teng took Tencent's report again, opened it and flipped through it, before Tencent went public, people outside didn't know Tencent's current status at all.

On the surface, Tencent currently has only two important market values: one is the largest IM service provider in China, and the other is the fifth largest domestic communications technology manufacturer.

Many people don't know that Tencent has been secretly developing Chinese search engines since 99, and many of these technologies come from Infoseek and Google, and in general, Tencent's search and Baidu are from the same source.

Two of the three major portals currently use Baidu's search engine, while the other and the fourth largest portal TOM both use Tencent's search engine.

Although Tiantian Company is developing the digital library structure of Tesco, Tiantian Mall, and Tiantian Group Buying, Tencent is making stronger progress in this regard, and the technical departments of the two sides have compared and decided to directly adopt Tencent's online mall digital architecture.

Tencent's group operations headquarters are located in Guangzhou, as well as three business headquarters in Beijing, Shanghai and Shenzhen, and regional headquarters in more than 20 overseas countries.

Although the operating costs are very high, the technical department is still very perfect, and the overall strength level is indeed significantly ahead of other companies, after all, it was 94 years to start a business, 97 years to fully involved in the network information industry.

Mr. Xu spares no expense in the field of talent recruitment.

Even if it is the communications industry, it has always maintained a high amount of technology research and development expenses, but the scale of business compared with Potevio, Huawei, ZTE, Datang has a large gap, the total sales of communication equipment in 2002 is 4.7 billion yuan, only 1/5 of Huawei, and it is a low-price competition, the actual profit is less than 500 million yuan.

This field mainly relies on Mr. Xu's subsidy, and more than 2 billion yuan has been posted in eight years, and now he finally can't bear it, so he simply threw the handicap to Xu Teng.

These days, the executives of the two companies have spent dozens of hours dedicating to discussing whether this business can still be done, which is a big question.

The competition is too fierce, not to mention Ericsson, Alcatel, Lucent, Cisco, Nortel Networks, Siemens, Motorola, Nokia, a large number of foreign communication equipment manufacturers, there are also giants like China Potevio in China, and the two joint ventures founded by Toshiba and Sanyo are Dongxin and Shouxin, as well as Huawei, ZTE, Datang, Fiberhome, Starcom These super wolf packs, even TCL, Panda, Hisense, Lenovo, Xiaxin, Great Wall, Founder are also playing, and even Haier has been killed, and the scale of investment is very fierce.

Mr. Xu was frightened by everyone, and really felt that this industry was sick, so he immediately ran away, concentrated funds on the panel, and avoided the failure of both sides of the investment diversification guide.

This is to blame Mr. Xu for being too confident at the beginning, after taking a stake in Huawei, he temporarily slowed down in this field and concentrated on the business of Galaxy Gaming, Bo'an, and Kangbao, and so on Mr. Xu's several basic disks are stable, and then he wants to merge Huawei in 2002, where is the opportunity?

Mr. Xu also didn't expect that Huawei's expansion speed was so ferocious, and the turnover in 2002 had broken through to the 20 billion mark, which really scared Mr. Xu.

He thought he was hanging, but he didn't expect that Huawei was also hanging.

Tencent's high-level meetings have been held for so long every day, and everything has been negotiated, but no one has an accurate conclusion on the question of whether the communication equipment industry will abandon the market.

For the old Xu family, this is really not a matter of money, the key is to continue to invest billions, is it certain to succeed?

If it can't be successful, these billions will be wasted and burned in vain?

Billions of losses are nothing, the question is billions in 2003, even if it is just invested in real estate, how many billions will it be in 2013 ten years later?

This account has to be calculated!

Xu Teng was still thinking about this, Yu Suyun received a text message, frowned and thought about it, and handed the phone to Xu Teng, "Leader, that Chen Yulong's text message." ”

Xu Teng now also has two mobile phones, one is a personal phone and the other is a business phone, but as long as Yu Suyun is by her side, these two mobile phones are kept by her and handled by her.

"You are getting better and better now, and now you can get mixed in this way, which is also worth congratulating, but I still think it is necessary for you to explain clearly that you have three wives, after all, you are a public figure, and you want to give an explanation to the majority of netizens and female fans. Chen Yulong is really crazy, the "Peacock King" he introduced brought more than 40 million losses to Huaxia Network, and the dream of online games was completely shattered.

IDG's Mr. Xiong has been actively persuading Sun Lichun, the CEO of Huaxia Network, to merge with an antivirus software company, and is willing to invest 10 million US dollars.

As a result, after the news of the merger of Tencent and Tiantian, IDG immediately gave up the investment, and Chen Anbang and Huamei Iron were unwilling to make additional investment.

Now the situation has been reversed, Jinshan is willing to invest in the acquisition of Huaxia Network and reorganize it into Jinshan Network, Sun Lichun is unwilling, Chen Anbang has agreed, and let Sun Lichun get out.

In the whole game of chess, Chen Anbang, Sun Lichun, and IDG's Xiong Peige didn't know that they were too late, and Lu Fangfang's Huateng Group took the lead and injected capital into Kingsoft at a very favorable price.

Huateng Group is just a middleman, and the investors who are investing in the acquisition of Huaxia Network are Gu Xueli and Shenzhou Media Group Co., Ltd., which want to incorporate the game development department of Kingsoft into its subsidiary.

This is probably the fate of history, going around and around, Huaxia Network has returned to Gu Xueli's hands.

The man who really plays chess behind the scenes is, of course, Xu Teng, the little prince of the night, no way, Gu Xueli really listens to him.

Chen Yulong is really crazy now.

Xu Teng started a business as a college student, only 100,000 manuscript fees at the beginning, and he also started a college student business, with an investment of 200 million yuan at the beginning, and the result was like this, how could he not be crazy, hateful, and painful?

Xu Teng was still looking at the text message sent by Chen Yulong, pondering what the other party meant, Chen Yulong quickly added, "Congratulations, I have announced your cohabitation on the Huaxia Navigation Network, there are pictures and insiders who broke the news, and it is also the second largest navigation network in China, and it is difficult not to be popular." ”

"Delete it, it's good for you and the Chen family in Weizhou. Xu Teng scratched his head, it was indeed a little troublesome, but it was not too troublesome. He hadn't instructed Yu Suyun yet, Yu Suyun had already called Han Dai and asked Han Dai to take precautions.

"I can't delete it, I posted it in the Tianya community, I just used the Huaxia Navigation Network to link a headline, ha, you are slowly busy. Chen Yulong is still very happy at this time.

Xu Teng could only send a text message to Lao Jiang and ask Lao Jiang to come forward and talk to Chen Anbang clearly, if this matter became a big problem, Xu Teng would definitely make Dongchen Group pay the price.

Students.

College students, after all, it's still too simple.

Xu Teng didn't believe that the other party could have any definite evidence, he, Zeng Quinoa and Mei Jiali had been very careful about precautions, and Chen Yulong could only take photos of Xu Teng and his three wives entering and leaving the villa from a long distance at most, which was not convincing.

During this time, Zeng Quinoa and Xia Li have been in the crew of "Lang Cai Girl", and the whole TV series started in April, and the filming progress is very smooth, and it is expected that most of the filming work will be completed in late May.

Xu Teng's family still has people, Mei Jiali and Lu Fangfang are talking in the living room, and their Huating hotel chain has begun to operate, first of all, to open direct stores in Beijing, Jiangzhou, and Shenzhen.

Xu Teng returned home, and didn't say anything, just used Mei Jiali's computer to browse the Internet, and found the forum news that Chen Yulong broke the news, there were actually more than 40 photos, each of which had time, proving that from this time, Mei Jiali, Zeng Quinoa, and Xia Li kept going in and out of Xu Teng's Emerald Bay mansion.

There are four cars in the family, a Rolls-Royce Silver Angel, a Bentley Elegance, and two Passat V6s, all of which have been exposed.

From the point of view, the other party should be hidden in 120 and 121 townhouses, about 300 meters apart, and has been dormant in the attic over there for more than two months.

Chen Yulong dared to break the news, naturally there were still a few killer photos, all of which were secretly taken by Xu Teng and his three wives when they were drinking in the living room, which was quite threatening, and it was indeed very affectionate.

"Who took this?" Mae Carrie gave a casual look, not paying attention at first, but soon realized that something was wrong.

"What do you say?" Xu Teng was a little helpless, and asked the waitress at home to pour him a glass of cognac, look at the photo, and think about countermeasures.

Mei Jiali and Zeng Quinoa are only famous in their respective circles, Xu Teng is different from Xia Li, he is really a public figure, especially Xu Teng, who is too popular during this time, and any news related to him is very hot.

Xu Teng just officially became the vice chairman of Tencent at noon, and this kind of news broke out in the afternoon, which is unlucky enough, according to the time of the revelation, Tencent has just issued a formal merger notice, and Chen Yulong has already edited the news on the Tianya Forum.

If you want to delete it, it is very difficult, Tianya is notoriously difficult for public relations, even if it is deleted here, the three major portals will definitely reprint it.

In any case, Xu Teng still had to notify Shenzhou Media Group immediately, deal with the problem quickly, and he had to quickly come up with appropriate countermeasures.

"Damn, bastard. Mei Jiali was already mad, and directly asked Lu Fangfang to call Chen Anbang, and halfway through the two talks, she grabbed the phone, "The surname is Chen, listen, if this incident causes any damage to me and Xu Teng, I will directly kill your son." ”

"Don't be so ruthless. Xu Teng pulled Mei Jiali into his arms, comforted her, took off the mobile phone, and asked Chen Anbang, "Chairman Chen, is this what you mean?"

"This is impossible, Xiao Xu, Yulong is your classmate, no matter how jealous he is of you, it is impossible for him to do this, I will deal with it immediately. "Chen Anbang has been engaged in the Internet industry for two years, and he really hasn't figured out anything else, only the thing like attacking each other on the Internet is quite deep.

Chen Anbang has Dongchen Group, which is also a bunch of bad things, he and Xu Teng attacked each other, and they were simply sent to death together.

What's more, in the past few years, Xu Teng's growth rate is too terrifying, and he has Tencent Tiantian Company, Jiangtai Group, Haixing Holdings, Shenzhou Media, and Fuxin International, and Lu Fangfang of Huateng Group is also a special relationship.

This level has long surpassed Chen Anbang.

How can such a shrewd character as Chen Anbang not know that he can't get along with Xu Teng now, that is, he can't get along with himself and money. He would rather throw away Huaxia Network cheaply than continue to operate these businesses, just to avoid head-on competition with Xu Teng, so that they can be safe with each other and make their own fortunes.

Xu Teng hung up the phone and waited for Chen Anbang to deal with it, at least until the agreement between Huaxia Network and Kingsoft was signed, Huaxia Network was still under Chen Anbang's control.

He thought about it for a while, and only said one thing to Mecarrie, "If you really want to kill someone in the future, don't say it on the phone, don't sue anyone." ”

"Husband, I'm so confused. Mei Jiali realized that she and Xu Teng could not get Chen Yulong now, at least they had to wait many years to get another cripple.

"Don't worry, Lao Jiang and I have been thinking about how to deal with Dongchen Group, he is the first year of junior high school, we will do fifteen, first deal with this matter properly, and then slowly clean up the other party. Xu Teng thought clearly, this time, Dongchen and Chen Anbang, who had to do it, were terrified, and by the way, they squeezed out a deputy mayor and let Zhao Pu's father take the position early.

In the past, it was really inconvenient for Lao Jiang to make a move, after all, Jiang Tai and Dongchen were all bad debts, and no one was clean.

Now it is different, the original sin of embezzlement of state-owned assets by Jiangtai has basically been washed away, and everything that can be sold has been sold out, and the land of the original state-owned enterprises, except for a small part has been developed, has not been left in the follow-up, and it has been directly transferred along with the debts of the enterprises.

Especially in Jiangtai Electric Appliance Group, when Gu Chujun's Greencore Department took over, he didn't spend a penny, but he cheated on the accounts and hid the huge debts of the four electrical appliance companies.

Jiangtai's mobile phone was transferred to Xinhongda Company, an electronic foundry company in Ningzhou, which is also a variety of horrors, Lao Jiang's transfer methods are a bit black-hearted, and Xinhongda is also a little too greedy, and he can't hold it for a year after just receiving it.

Without these historical burdens, the black materials prepared by Xiao Xu Lao Jiang for Dongchen Group will be useful.

Those who do business are scum, who will not guard against their opponents, and are always ready to kill their opponents, Chen Yulong's behavior is a typical idiot and mental retardation.

This time, the response was swift.

Chen Yulong broke the news at 14 o'clock in the afternoon, and at 15:10, Huaxia Navigation Network canceled the link, and at 15:22, Tianya deleted the post, and the related discussion posts also sank into the sea and disappeared.

Fortunately, it is not the era of Weibo and WeChat, otherwise, the news can be released within ten minutes.

"It's useless, photos and materials, I have already sold them to a newspaper and made a small profit. Chen Yulong was still in the mood to make a bad smile, as if he was very happy.

"I'm okay, it's your father who wants to beat you to death at this time. Xu Teng still replied to the other party, "Sue your father, the black materials that Lao Jiang and I have prepared for your Chen family in Weizhou in the past few years are hundreds of pages. From the Qi Bureau and the Yu Bureau of the City Bureau, to several police stations in Wei County, they have been staring at you. Let's fight and see if you die miserably or if I die miserably, because I'm completely tired of you staring at me like a fly. ”

"You're crazy!" Chen Yulong panicked, and finally panicked, his social experience was still too poor, just knowing how to stare at others to make trouble, he didn't think that his family was also a mess not far from death.

Xu Teng and Lao Jiang even arranged for the "mass representatives" to petition, and with a phone call, they could organize thousands of people to petition the provincial party committee, and all kinds of banners and photos were ready.

These things may not really be able to kill Chen Anbang, at most, they will make Dongchen Group unbearable, and basically lose its foothold in Jianghuai Province, so Xu Teng has actually been waiting for a better opportunity.

Not to mention, Dongchen Group owns the largest Silver Lion Brewery in Jiangzhou Province, spent tens of millions of dollars on the restructuring of state-owned enterprises in 96 years, and successively invested hundreds of millions of yuan in technological improvement and marketing promotion, and in 2006, it was able to sell to AB InBev Group at a sky-high price of 5.8 billion yuan before the outbreak of the financial crisis.

Chen Yulong played so big, Xu Teng asked this brewery to make up for his losses. (To be continued.) )