Chapter 49: The Scandal of Financial Fraud

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"It is undeniable that the whole company is still very weak now, but you can see that Tencent and Skynet have begun to make profits. The combination of Internet + mobile communication is the first step, and it will be more closely connected in the future. Pangu Search, which is now about to be launched, will grasp the entrance to the Internet and integrate online and offline in a diversified manner. ”

"The domestic market will never be our pursuit, but the huge domestic market will be a strong backing for the company, Europe and the United States, Latin America, Africa will become our main battlefield in the near future, that is not the patent of the Americans, I will use actions to tell them, Pangu, the ancient god is coming!"

Chen Bo described a bright future in front of Li Ziqiang and showed his ambitions, the reason why he was named Pangu at the beginning was precisely because Pangu, as a great god in classical mythology, broke the chaotic heaven and earth.

Like the current Internet market, the future is blurred, and someone needs to break through the obstacles.

As we all know, because of various histories, there are only 22 years of reform and opening up, and the economy, science and technology, industry, education, medicine, culture and other fields are completely backward, but now they are catching up, and the GDP in 2000 has surpassed Italy and become the sixth largest economy in the world.

The Internet is an emerging industry, and everyone's starting line is relatively average, unlike other traditional industries that have been led by foreign countries for decades, and the gap needs to be filled in that deep gap.

Li Ziqiang has no doubt that Chen Bo can do it, and what is currently shown to him all shows his ideals, judging from the corporate structure of the entire Pangu Group, it is paving the way for the future.

He took the information in Chen Bo's permission and returned to Yanjing. Even if he had to leave his job, he wouldn't have to report to the U.S. headquarters in advance, but he could use his time now to sort out the challenges ahead.

It is impossible for Chen Bo to hand over all the information to him without defense, all of them are under the premise of signing a confidentiality agreement, and it is only part of the information.

Guan Xin also returned to Yanjing after the award ceremony of the billboard, and the next co-organized midi music festival was held between May 1st and 3rd, although it was only a short 3 days, but there were also live recording of songs, interviews and other activities, which needed to be arranged by her in advance.

The Midi Music Festival is an event initiated by the Midi Music School, the birthplace of underground rock music in China, and this year is the second time, and it is held in the school. Chen Bo really wants to join in the fun, but he really can't leave now, because 5.4 Youth Day is coming.

The company has nothing to do, but the Pengcheng government has already notified in advance, and he and Ma Teng have both been nominated for the May Fourth Youth Award sponsored by the Lingnan Provincial Youth League Committee recommended by Pengcheng.

Also nominated during the same period was Ding Lei, the executive officer of E-Net, and most of the others were executives of public institutions and state-owned enterprises.

Now with the nomination of three Internet companies, it is not lonely, Ma Teng and Ding Lei are more familiar, and they used to sit together to drink tea and chat, but now they are busy with their own careers, how can there be so much leisure.

Especially after the bloody listing of the current network E last year, it fell below the issue price, and then was stabbed in the back by Chen Bo, which is even more sad.

In the past few days, another shocking news has broken out, and Network E is suspected of falsifying the first quarter financial report of Q1, which is a big scandal. The result is obvious, and the suspension of trading was directly announced by Nasdaq, which can be described as a mess and a chicken feather.

Chen Bo and Ma Teng came to Yangcheng and asked for a small private room in the well-known Panxi Restaurant, which is the most enthusiastic place for Yangcheng people to drink tea and relax, close to Liwan Lake, with beautiful scenery and pleasant climate, and a collection of garden design with Lingnan characteristics.

The water chestnuts grown in Liwan Lake are ground into flour to make the prestigious water chestnut cake, which is called Pantang Wuxiu together with mushrooms, bamboo shoots, water chestnuts and lotus roots.

But today, the two of them didn't just come for fun, Ma Teng asked Ding Lei to have tea together.

There is no mortal enmity between Chen Bo and Ding Lei, and they have not even met, just some disputes over business interests.

Sometimes the opponent may be more credible than the friend and will understand you better, and the story of black and white can only appear in drama.

Chen Bo has only seen a photo of Ding Lei, which was seen on the Internet in later generations, he and Ma Teng's personalities are relatively similar, low-key and pragmatic, and he is definitely a conservative in the field of the Internet, and few radical ideas appear.

Compared with Xilang and Speed Fox, the style of Net E should also have an attitude, a little bit of discipline.

There are some shadows on Ding Lei's chubby and round face, and it is estimated that he is also worried, even black-framed glasses are difficult to cover the bloodshot on his eyeballs.

"You don't need me to introduce you, even if you haven't seen it, you've heard of it." Ma Teng played the role of a peacemaker in the middle, and took the lead in breaking the embarrassment after Ding Lei pushed the door in.

"Hello, Sanshi, my online name is Sandao, and it can be regarded as fate."

Sanshi is Ding Lei's screen name, and Chen Bo's QQ is called Gentle Three Knives, both of which have three words, as for whether Ding Lei uses QQ or network E bubbles, it is unknown.

"It's better to be famous than to meet, and I've admired it for a long time." Ding Lei's cheeks tried to squeeze out a helpless smile, not because he had any prejudices against Chen Bo, but because he had been exhausted recently.

"Seeing you now, I think of me this time last year." Ma Teng is a person from the past, and the hard entrepreneurial experience of the past two years is indeed unbearable, in order to save manpower, he pulled his mother over to do financial work for a period of time.

"Don't mention it, it's still a matter of the earnings report, and now it's been resubmitted, and now the stock price is about to fall to sixty cents." Ding Lei sighed heavily, "If you don't go public, you can't raise money, and the investors are also anxious." Let's go public, and catch up with this circle of bubbles, it's difficult. ”

Ma Teng and Chen Bo didn't expect Ding Lei to start pouring bitter water as soon as he sat down, but he was not the only one who experienced this kind of thing, and domestic Internet companies were the same.

Except for Yahoo, a little American monster, which can make a profit by relying on some technological blockades. There is also Chen Bo, who made a fortune quietly, and made money secretly, of course, not only him, but also a 3721 Chinese Internet company that hides deeper, and Zhou Hongyi is also a typical example of making a fortune in a muffled voice.

"Now everyone is crossing the river by feeling the stones, and no one is easy." Ma Teng had no choice but to accompany.

"Yes, the Internet is the scale of burning money, this is a big pit."

To say that the news and forum of the network E is a relatively good section, and there are also free mailboxes, personal homepages, and excellent products such as network E bubble chat tools.

However, online advertising has not yet formed a scale, and the number of netizens is not large enough, so it is strange that under the stimulation of hot money from the capital side, they have lost their minds and are too blind.

When the net E was listed on the Nasdaq, it was more than $15, and now it is only 60 cents, which is no different from waste paper, and the situation of the speed fox is not much better, and the price has been hovering around $1 since the beginning of the year. The market value of each company has shrunk by nearly 20 times or so.

"I don't know how much net E cash reserves?" Chen Bo asked casually, this is not a secret, it can be shown in the financial report, but he usually doesn't pay much attention to it.

"That's close to $20 million."

I'll go, whoever dares to make an offer to buy at this time will make a lot of money, and the cash is almost higher than the company's market value.

What does this mean?

The total share capital of Net E is 30 million shares, and if it is acquired at the market price of 60 cents, it will only be 18 million US dollars. But the company still has $20 million on its books, which is equivalent to getting the company without spending a penny.

But no one dares to touch this thunder, and if you try it in another two years, there will definitely be no bones left.

If Chen Bo had money, he might have bought it, he could indeed use the method of capital operation to rectify it now, but is it necessary?

The business overlap of network E and Tencent network is relatively high, Tengxun network traffic ranks third, QQ's community forum is not bad, the chat tool is even more complete, and the mailbox will be online soon.

In addition to the personal homepage, it is not bad, and as soon as the blog comes out, the personal homepage will directly become a piece of history.

I have what you have, so what do I do when I buy a burden?

However, it is also good to let the BP fund absorb point shares to keep the appreciation, and it is the lowest time, which has basically reached the bottom.

"I heard that Huaxia Mobile is going to open the SP service provider market."

Chen Bo thought about it and gave him a move, anyway, he monopolized so many resources, and he was not afraid of being robbed, and he always had to be open, and the network E would always come into this line.

It's better to sell it, and the icing on the cake is better than sending charcoal in the snow.

"Is that the SMS service?" Ding Lei looked puzzled, isn't this the business done by Sky.com and Tencent.com, although the other party is not a listed company, there is no need to miss the financial report, and I don't know how much profit is made.

However, Huaxia Mobile is a listed company, and it has made a lot of profits during the internal testing period of only two months last year, and if it is properly distributed, SP service providers should also be a good source of money.

"Why tell me that you're not afraid to take your market share?"

After all, he is still an opponent, and he must defend against others.

"If you're afraid, I won't tell you, with the financial resources of Pangu Technology Group, there is no problem with the wholly-owned acquisition of Network E. But there is no need to fight for your life, multiple friends and multiple roads, the winter of the Internet needs this industry to warm up. ”

Of course, Chen Bo will not tell him that the wireless business department has been in the past two years, and it will be able to suck you in and divert your attention, so I can go to lay out other businesses, and then it will be too late for you to come back.

As the saying goes, soldiers don't get tired of cheating, anyway, when the time comes, not only will you not blame me, but you will also have to be grateful to me, so why not, so you pretended to be forced.

With the practice of relying too much on the content of the website of the three major portals, sooner or later it will be dragged down, and only by occupying the upstream entrance can we win this battle, and the three major portals are only content providers, what waves can be turned over?

This is also the reason why the three major portals have finally become the followers of the up-and-coming BAT Big Three, focusing too much on content construction.