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SoftBank Group is the majority shareholder of Chenxing Network, so it is important to obtain the Ken of SoftBank Group.

Xu Xiaoying said with a little worry: "Because of Li Mingren's relationship, SoftBank Group has very deep contact with the core of Chenxing Network, will Son Masayoshi nod and let Chenxing Network increase shares to the parent company?" ”

Song Chen folded his legs, put one hand around Zhai Yue's knife-like snow shoulder, and held a teacup in the other hand and said lightly: "When it comes to overseas investment strategies, Son Masayoshi is an investor, not a manager who spies on the company's operating rights, so seeking to maximize profits is his purpose!" Although the NASDAQ stock market crash will be a great blow to SoftBank Group, if Masayoshi Son makes up his mind and does not let go, as long as we come up with enough benefits, he will still nod and support me to consolidate the controlling stake in Chenxing Network! ”

The high-grade Biluochun floated on the hot tea, and her face after the curling white smoke became deeper and more charming, Wang Xiaoxue looked at her lover sideways, and her heart moved.

This man who didn't look amazing before seems to be getting more and more mature!

……

Tokyo, Japan, SoftBank Group Headquarters.

On the 100-meter-high viewing window, Masayoshi Son, Kaori Hayakawa and Dominic? Blair sat at his transparent and irregular desk, talking softly.

Because Li Mingren needed to preside over the work of Chenxing Network before, and now he has to participate in the Hong Kong strategic meeting, he can only be absent from the SoftBank Group's debriefing report. Even so, the controversy within the SoftBank Group, Li Mingren has long known about it, and he also knows about Dominica? Blair's mouth is very out of his own attitude, gritting his teeth!

"Grit your teeth?"

Son raised his eyebrows and looked directly at Blair, who had always been merry with Song Chen. Although he already knew it, Blair's statement still made Son Masayoshi breathe a sigh of relief, as if the pressure on his shoulders had suddenly disappeared.

"The dissent of the board of directors is not in 8848, or the more anticipated goog1e and Baidu, but Chenxing Network!"

Glancing at Kaori Hayakawa, who was sitting next to her with a sinking face, Dominic? Blair continued with a smile: "Although the stock price of Chenxing Network has plunged. It was cut by 35% from its peak in just two months. However. It seems that the Chenxing network, which is about to collapse at any time, has a very solid foundation! ”

Son Zhengyi smiled: "Blair, you are referring to the cash flow of one or two hundred million on the books of Chenxing Network Company, right?" ”

"Including fat penguins with huge traffic!" Blair shrugged and put down his teacup with ease. Blair raised a finger and nodded in the void, "During my tenure as a non-executive director, although I did not handle specific official documents, Baidu's status in China has become more and more clear...... Even a certain amount of dù is clearer than qq. The reason is that the Chinese users of QQ account for only 1o% of the world's registered users, and it is more comparable to imagine the value of Chenxing Network with the prospect of Baidu! ”

"Oh, to be more detailed!" Son asked with a smile.

With Dominica? Blair has discussed many things Kaori Hayakawa smiled lightly: "President, I don't know if you have noticed that Huang Li, the marketing president of Chenxing Software, once complained in an informal place that traditional TV marketing plans are not very helpful to network products?" Its diversion capacity is not even as great as that of a web portal? ”

Son shook his head: "No! However, although I have not heard such a statement, our group is also an advertiser with relatively strong capital, and traditional marketing methods do not help much for Internet traffic! Yahoo Japan spared no effort in TV commercials, but the input and output were disappointing! ”

Nodding. Kaori Hayakawa said with a smile: "When Jack Ma first introduced eBay, the industry generally believed that he was leading the wolf into the house. I am afraid that I will lose the right to operate! Some people also wrote that Ma Yun overreacted to a series of behaviors after Baidu's refusal to support! In fact, from our point of view, we understand Ma Yun's suffering! Taobao is indeed more room for growth than Tmall, not only because of Alibaba Group's advantages in capital and talents, but also because Taobao has brought a large number of visits to Baidu and QQ since its 'birth'! Although Tmall has spared no effort in advertising investment, and even has to go through Taobao, traditional media advertising obviously did not help Ma Yun achieve the goal of suppressing Taobao, but the gap is becoming more and more obvious! Therefore, Ma Yun did not lose in capital, but in the ability to import traffic! ”

Son Masayoshi thoughtfully: "You mean, although the current income of Chenxing Network is very weak, QQ has a huge amount of traffic after all, so the bottom is very solid?" ”

"Not bad!"

Dominica? Blair nodded: "According to last year's growth, there is no problem for QQ Yue Inet to become the world's largest network instant service provider this year!" If servers are set up in Europe and South America, the growth of QQ registered users will be even faster, and it is not difficult to imagine that it will exceed 100 million by the end of this year! As long as Song Chen is willing, just the banner advertising in the chat window can at least bring hundreds of millions of dollars in revenue throughout the year! ”

"But Song Chen doesn't seem to have opened banner ads to external advertisers, just for subsidiaries to use!" Son Zhengyi seemed to have realized, "Don't put aside the immediate interests, Song Chen's plan is huge!" ”

"Yes!" Blair said with a smile, "If we had any doubts before, the changes last year and this year made us vaguely feel that Song Chen should have planned for a long time, and he knows very well where the direction of QQ traffic monetization is!" However, because Mr. Li has become the senior management of Chenxing Network, because of the position, it is inconvenient to disclose many things to you, but before going to Hong Kong, he still reiterated his attitude towards Chenxing Network at the beginning. ”

"Hmm......" Son was silent.

At the beginning, when Li Mingren joined Chenxing Network as a non-executive director, he had already realized that QQ had great potential, so Son Masayoshi had already passed through Dominic? Blair's mouth understands Li Mingren's hint: support Son's attitude and do not sell Chenxing Network's shares!

It's just that, although he understood Li Mingren's attitude, the board of directors was in a hurry, and Son had to say with a gloomy face: "The board of directors believes that the company should give up Chenxing Network and at least reduce most of its ADS (American Depositary Receipts)!" ”

Kaori Hayakawa smiled slightly: "It's normal!" SoftBank Group is a listed company, and the characteristics of capital determine that investors pay more attention to short-term interests. ”

Patting the armrest of the office chair, Sun Zhengyi stood up, came to the window with his hands and looked at the crowd below, and was silent for a long time before he said slowly: "When I first gambled on Song Chen, I felt that this young man had an unpredictable quality, and his understanding of the Internet industry prompted me to have the urge to make a heavy bet!" As it turned out, my instincts were correct! However, reality has to make me make a choice not to sell Chenxing Network...... It's not difficult to make this choice, the question is, when will Song Chen revitalize this chess piece? If it drags on, my relationship with retirement funds and other investment institutions will become more and more strained! Before, I finally got them to nod their heads and use those billions of dollars to enter the market at the right time! If you continue to disagree with them on the matter of Chenxing Network......"

Although it was not finished, Kaori Hayakawa and Dominic? Thony still feels the pressure on Son's back.

Looking at Masayoshi Son's back, Kaori Hayakawa pondered for a moment and put forward his own proposal: "Mr. Sun, maybe you can sell part of the depositary receipts of Chenxing Network to alleviate the pressure from the shareholder level?" ”

Dominica? Blair thought for a while and had a different opinion: "Boss, the NASDAQ stock market crash is not something that can be recovered in a short period of time, and the stock price of Chenxing Network has a long-term decline like our SoftBank Group!" Under such a capital crisis, although selling Chenxing Network's shares can reduce losses and even have a surplus, it is better to wait for the price to sell than to cut the position and stop the loss! ”

"Sell at a price?" Son turned his head abruptly and looked directly at Blair, "Waiting for someone to bid?" ”

Dominica? Blair grinned, revealing two rows of snow-white teeth: "Boss, you know better than I know who this person is!" After all, it's a battle between you and him to see who is more patient! ”

Finger dotted on Dominic? Blair, Son Masayoshi shook his head and smiled: "It seems that you all know very well!" ”

Nodding, Blair continued: "What you want is profit, what he wants is control!" From the current point of view, you are under more pressure than him, but in the long run, he is under more pressure because he can't afford the possibility of us directly intervening in the management of Chenxing Network! Therefore, instead of slowly selling the American depositary receipts of Chenxing Network like squeezing toothpaste, it is better to hold the price in your hands and sell it to gain more bargaining power! ”

Kaori Hayakawa asked, "What if he increases his holdings of the outstanding shares of Chenxing Network through the secondary market?" ”

Blair smiled, "He will!" But before that, he will definitely reach a certain consensus with the boss that at least part of the ADS will be acquired from us, otherwise our SoftBank Group will still be the major shareholder or the second largest shareholder of Chenxing Network, which may not be the situation he wants to see! ”

Son Masayoshi muttered: "Although I am optimistic about the value of Chenxing Network, I have no intention of operating the Chenxing Network, and everyone knows that Chenxing Network can only swing the greatest value in Chenxing Holdings, which is the same for him or for us!" ”

Blair smiled, "In that case, why don't you wait?" ”

Seeing that Son Masayoshi's face moved, Kaori Hayakawa hesitated: "I'm afraid that if it drags on, the stock price of Chenxing Network will become more and more worthless!" ”

Dominica? Blair was dumbfounded: "When it comes to large-scale equity transfers, he will definitely give in in order to get back the controlling stake!" This is not only business logic, but also because of personal emotional problems, you Asians don't value the non-commercial element of 'human affection' the most! ”

Son smiled, came to Blair's side and patted him on the shoulder and said, "You're right, but it's a little ......."

"Chinese sometimes value human affection more than business itself, he is a personality person, and I look forward to meeting him again!"

Kaori Hayakawa smiled slightly.