No. 128, I still have to take the college entrance examination

In order to alleviate the strong contrast gap, Tencent tried its best to speed up the progress of "QQ Fantasy Country", and launched a public beta operation on April 17.

"QQ Fantasy Country" lived up to Tencent's high expectations and had a fantastic start. The public beta was open at 08:00 on April 17, close to noon, and the number of people online at the same time exceeded 100,000; On April 30, the number of simultaneous online users exceeded 350,000; On May 15, the number of simultaneous online users exceeded 600,000; On May 20, the number of simultaneous online users exceeded 660,000.

"QQ Fantasy Country" handed over a perfect answer sheet.

Ma Huateng breathed a long sigh of relief.

"Spring and Autumn of the Ten Kingdoms" is certainly very profitable, but because Wei Dongsheng built a complex economic system for it with the concept of "small society", and established a unique high-freedom game environment with the computer intelligent life orange algae as the core, imitators are often unable to do it, and they learn from it and learn from it. Many game operators do not grasp the journey-style mechanism, but are misled by Wei Dongsheng's difficult tricks and innovations, which can really be said: those who learn from me live, and those who are like me die.

Considering that "Spring and Autumn of the Ten Kingdoms" is not universal, Tencent decided to launch a hybrid system of freemium and hourly payment, that is, some servers are operated in a freemium style, and some servers are operated in a time-based manner. In order to avoid affecting the hybrid operation strategy, there is no charge for all servers during the open beta period, no charge for time-paid games, and no loading system store for freemium servers. Such a mechanism has led to the fact that "QQ Fantasy Country" cannot be tested in public beta and make money.

Still, 660,000 people online at the same time is a fantastic record. Tencent's management was elated and praised Ma Huateng's foresight, as if he saw a wonderful future for "QQ Fantasy Country" surpassing "Dance Forest Cute Master" and "Spring and Autumn of the Ten Kingdoms".

It's a pity that the dream performance can't hide Tencent's shortcomings.

"Have you ever seen an online game that shouts domestic masterpieces every day, and the NPC shapes and store plaques in it are all Japanese? If you haven't seen it, let's go play "QQ Fantasy Country". ”

"I can't log in, I'm crazy about the game, I can't hit the task items, that's it, and I still have the face to say that I want to block my account with a plug-in for no reason."

"I'm a pharmacist, I can't fight monsters, Tencent is so creative."

"I'm a warlock, and I can't fight monsters, can anyone tell me, is this a casual chat game?"

……

The longer the open beta period, the more problems exposed to QQ Fantasy Country, after the peak of 660,000, the number of people online at the same time continued to decrease. Seeing the continuous decline in the operating data of "QQ Fantasy Country", Tencent's founder team and management were suddenly overshadowed: ""QQ Fantasy Country" must not follow in the footsteps of "QQ Hall", and go high and low. ”

During the period of anxiety of Tencent's founding team, Spring and Autumn Network ushered in its coming-of-age ceremony.

On May 21, "World of Warcraft" was operated for a fee, and the previous pre-recharge and the daily recharge amount totaled 26.8 million yuan, and about 890,000 active players were willing to pay for "World of Warcraft" based on the average amount of 30 yuan per recharge. Before the launch of the "World of Warcraft" open beta in the Spring and Autumn Period, Blizzard announced that there were less than 2 million active players in the world, and the 890,000 active players in China can be imagined.

This is one of the good news.

The second piece of good news is that China launched an economic census at the end of 3004, and its gross domestic product (GDP) is facing a significant adjustment. Taking Panyang City as an example, the GDP in 2003 was more than 30 billion yuan, and in 2004 the GDP was originally more than 30 billion yuan, but after the economic census was recalculated, it increased rapidly to 45.08 billion yuan, and the nominal growth rate of that year was as high as 30.4 percent.

This is not a special case of Panyang City, it is the case in the whole of Hedong Province.

In 2003, Panyang City ranked tenth in terms of GDP among cities in Hedong Province; After a growth rate of 30.4% in 2004, it fell to 11th place.

China's annual GDP in 2004 was 13.65 trillion yuan, and the exchange rate was 165 million US dollars, slightly behind Italy's 1.67 trillion US dollars, and continued to rank seventh in the world. However, judging from the recalculated data of the economic census, China's GDP in 2004 is very likely to rise rapidly from 13.65 trillion yuan to 17 trillion to 18 trillion yuan, surpassing Italy every second.

In October 2003, Goldman Sachs released a global economic report entitled "Dream with BRICS", and China was hailed as the leader among the BRICS countries. The whole world is now optimistic about the high-speed growth of China's economy.

The third piece of good news is that the power of Huaguo's world factory is gradually emerging, the scale of exports has increased year after year, and it is no longer appropriate for the RMB to be tied to the US dollar exchange rate. China's top brass is preparing to initiate exchange rate reform, and given the current world situation, the renminbi will only appreciate, not depreciate. Spring and Autumn Network, a company whose RMB settlement performance is rooted in the mainland, RMB appreciation is definitely good news that cannot be ignored.

Receiving such good news, Spring and Autumn Network temporarily raised the IPO price and successfully raised $644 million at an average price of $10.4.

American investors don't know about "Spring and Autumn of the Ten Kingdoms" and "The Road to Survival", but they understand the value of "World of Warcraft" very well. Considering that Spring and Autumn Network had dominated half of the Chinese online game market before World of Warcraft was operated, and considering that "World of Warcraft" had just welcomed 890,000 active players on the first day of paid operation in the first two months of public beta, American shareholders are very optimistic about Spring and Autumn Network. After the listing of Spring and Autumn Network, the stock price of Spring and Autumn Network rose sharply after the good news of "World of Warcraft", making the market value record of Spring and Autumn Network refresh again and again, and it rushed all the way to the peak of 8.5 billion US dollars.

In 2004, everyone was still discussing that the Spring and Autumn Network could be included in the $1 billion club if it went public. How do you think, the honor of Spring and Autumn Network dominating half of the Chinese online game market and the intangible capital of "World of Warcraft", Spring and Autumn Network not only refreshed the financing record to 644 million US dollars, but also swelled the market value to an unimaginable 8.5 billion US dollars. Although the market value of Spring and Autumn Network in the international market is far lower than that of friends such as Google with a market value of $80 billion and Yahoo with a market value of $53 billion, it has enough confidence to look at the mountains and small mountains when it returns to the Chinese Internet market.

With a market capitalization of $8.5 billion, Spring & Autumn Network has proven its worth to the world.

At a valuation of $8.5 billion, Fok's 1.19% stake is about $101 million. Huo Yongshan injected 7 million yuan in 2002, and in less than three years, it swelled to 101 million US dollars, an increase of more than 100 times. Although Wei Dongsheng continued to dilute Huo Yongshan's equity ratio, it did not hinder Huo Yongshan's investment income, which is the "never dilution" that Wei Dongsheng promised Huo Yongshan.

Forbes' 2004 China Rich List ranked 200 in total, with a minimum limit of $79 million. If the increase in the wealth threshold in 2005 is limited, Huo Yongshan may be fortunate to become the second self-made teenager billionaire after Wei Dongsheng with a 1.19% stake in Spring and Autumn Network.

Jing Minqiang's 6% stake, about $510 million, moved to Forbes' 2004 annual China Rich List, ranking tenth, and Wei Dongsheng's 6.27% stake, about $533 million, is far more than Forbes's valuation of him last year.

When Spring and Autumn Network is listed, all shareholders with more than 5% equity need to be highlighted. Public opinion was surprised that the shareholding structure of the Spring and Autumn Network was so complicated, and it was slow to wake up that "the Spring and Autumn Network was originally in the hands of Wei Dongsheng and Jing Minqiang". Jing Minqiang's information is very easy to excavate, the beneficiary after the restoration of the college entrance examination system in Huaguo, the pioneer of Huaguo's Internet industry, and the niece and son-in-law of Gong Qixing, the cabinet boss of China's top political club. Considering Jing Minqiang's complex background, public opinion is imagining that Wei's father and Wei mother are just smoke bombs, and Wei Dongsheng is actually the illegitimate son of a certain bigwig, so Wei Dongsheng can use the experience of a first-year high school student to start Spring and Autumn Software.

These backgrounds are no longer verbose.

Wei Dongsheng's industry has good news such as Spring and Autumn Network, as well as bad news, such as Wisdom Universe Integrated Circuit Design Company. Wei Dongsheng has no intention of nostalgia for the MP3 player industry, and when the audio decoding chip produced by the Wisdom Universe Integrated Circuit Design Company is recognized, Zhiyu Technology ignores the considerable income of the MP3 player "YU1" is a popular product, resolutely and decisively cuts the MP3 player business, turns around and enters the mobile phone industry, and continues to drive the development of mobile phone chips.

Wisdom Universe Integrated Circuit Design Co., Ltd. retains the existing business such as audio decoding chips, and invests heavily in the development of mobile phone chip business, launching the high-end product Leader5520 and the low-end product Nation4501. Based on the Leader5520 chip, Zhiyu Technology will launch the "Zhiyu Music" mobile phone in June 2005, priced at 3650 yuan, and enter the tragic mobile phone market with the banner of "Music Mobile Phone" and the advertisement of "MP3 has become history".

Naturally, friends will not remain indifferent.

MP3 audio decoding chip manufacturers in the United States have sued Zhiyu for infringing their patents, and mobile phone chip manufacturers in the United States and Europe are also preparing materials to sue Zhiyu, especially the low-end product Nation4501, which is already under siege by wolves. Patent disputes are a major problem frequently encountered by international companies, and Wei Dongsheng has no good way to do so, so he can only hire a suitable law firm to counteract or delay time, and at the same time take the lead in developing a market that is not restricted by patents. For example, the huge Chinese market, which is Wei Dongsheng's territory, does not have to worry about foreign patent prosecutions.

The R&D department of Nation4501 is located in Guangyang, and Wei Dongsheng finished handling the trivial matters of the Spring and Autumn Network and flew directly to Guangyang City to communicate with the R&D team face-to-face about patent disputes.

After that, Wei Dongsheng returned to Panyang City non-stop.

On the way, Wei Dongsheng suddenly received a call from Zeng Liqing: "Franco, are you here in Guangyang?" ”

Considering that there is no need to think about the honorific title of the position, calling each other by their English name is a contemporary characteristic culture, Wei Dongsheng also named himself Franco. However, Wei Dong rarely uses it in his life, and employees rarely call him Franco, but Zeng Liqing and other foreign company heads, founders or executives habitually call Wei Dongsheng Franco.

Wei Dongsheng replied to Zeng Liqing simply: "I returned to China yesterday." ”

Zeng Liqing: "Do you have time, I want to talk to you." ”

Wei Dongsheng apologized for refusing: "I'm afraid I don't have time, I'll be at the airport in twenty minutes." ”

Zeng Liqing: "Leave so soon." ”

Wei Dongsheng: "Yes, I still have to take the college entrance examination." ”