"I really didn't expect Zhang Hao, this kid to make such a big deal, I heard that Netscape's stock has risen again today?" In the mid-level villa in Xiangjiang, Song Chaoyuan, Luo Yang, Li Daqi, and Qin Zhengguo, the four of them sat in the garden drinking afternoon tea and looking at the sea view in the distance.

Luo Yang couldn't help but sigh with emotion, Li Daqi and Qin Zhengguo are the same, the three of them have some complicated feelings about Zhang Hao, who was born out of thin air and achieved great achievements, you must know that they and Zhang Hao are no strangers, especially when Li Daqi and Qin Zhengguo met Zhang Hao, this kid is still a naughty little guy, so many years have passed in a flash, who would have thought that Zhang Hao would have today's achievements?

Although the media are reporting that Zhang Hao is now the richest man in China with a net worth of nearly 800 million US dollars, in fact, personal assets are not calculated like that, Zhang Hao's wealth is basically from the Netscape shares he holds, and the conversion of these wealth is only calculated according to the current stock price, not the actual wealth he really has.

And Zhang Hao is now preparing to start transferring the shares in his hand, even if it is a premium transfer, it will take a long time to realize, and the stock has been unstable with the changes in the stock market, and it is still uncertain how much Zhang Hao can realize in the end.

Besides, even if Zhang Hao's assets are all calculated according to the current stock conversion, he will definitely not be the richest man in China. Because among the few people here, whether it is Li Daqi, Luo Yang, or Qin Zhengguo, the wealth they actually have is not much worse than Zhang Hao, let alone Song Yuanchao.

In recent years, Shenghua has developed rapidly, in addition to the main enterprises of Shenghua, there are two fast-moving consumer goods industries in Site and Nandu. In particular, Shenghua's switch market, pager market, PHS market and other communication industries, these are very profitable businesses.

Although the switch market gradually began to saturate with the coverage of domestic telecommunications, Shenghua has made adjustments to this industry, from the initial production of switches to the follow-up service transformation, coupled with the establishment of some large-scale databases and just started server projects, and after the reorganization of Shenghua Computer Company, the future in this area (money) is still broad.

As for the pager project, now Shenghua has been giving up one after another, and the pager project seems to be pretty good now, although the monthly income is not as fast as the previous two years, but it is still relatively stable. But Song Chaoyuan has seen the end of the pager market, and in a few years, the pager market will inevitably be depressed, and it will gradually lose its advantages and vitality.

Therefore, the early transfer of this part of the business is the goal determined by Shenghua at the end of the previous year, especially after the PHS project began to be promoted, Shenghua has accelerated its progress. At present, Shenghua has successively transferred most of the equity of the pager project, and the management right has also been transferred from Shenghua to others, and the remaining part of the equity will be completely sold in a few months if there is no accident.

PHS project can now be said to be one of the most profitable projects of Shenghua, with the listing of PHS, the number of sales and use of PHS in China is rising, and with the continuous coverage of Shenghua's base station, PHS has developed from major urban areas to rural areas.

Shenghua's income on PHS products is amazing, which does not include PHS's monthly stable fee income, the current PHS industry is Shenghua's new pillar industry, and Shenghua in addition to the PHS market, has also begun to prepare to enter the mobile phone market, but compared with the PHS market, the mobile phone market is much more difficult, which is not only technical reasons, but also includes other aspects of the problem.

When Shenghua engaged in PHS, post and telecommunications had not yet been separated, and now although post and telecommunications are still one, but in fact, there is a faint sign of separating telecommunications and mobile from the post, and with the division of the management of several leaders, the actual operation began to be independent. Especially this year, the establishment of China Unicom has become a foregone conclusion, although the official establishment will be in June, the mobile phone business of Unicom has begun, coupled with the competition in mobile and telecommunications, the threshold for mobile communications in the future will be higher and higher.

Although Shenghua has had good contacts with the post and telecommunications sector for so many years, with the successive separation of these operators from the post and telecommunications sector, many of the powers are no longer vested in the post and telecommunications sector. For their own considerations, operators are no longer restricted by the higher-level departments of posts and telecommunications, and for some other reasons, it is not so easy for the mobile phone business, which is completely different from PHS, to open up the situation.

One of the most important is the network access permit, which Shenghua has been negotiating with operators, but the progress is not optimistic. For this reason, Song Chaoyuan deliberately rushed to Xiangjiang from Shanghai this time, which was to prepare for communication in this regard, intending to open up the link through HKT's channel.

"It's luck! Luck can't stop anything" Qin Zhengguo said this, he really envied Zhang Hao's opportunity, and with such a generous return at such a small price, the whole world is afraid that Zhang Hao will be it.

"Hehe, you can't say that, luck also depends on people, if you don't understand this, and you don't have the ability and technology to make a browser, do you think there will be such success?" Li Daqi said something pertinent, and Qin Zhengguo nodded silently after hearing it.

"By the way, this Internet investment looks good, it is really exciting to fight big with a small fight, I think our future investment direction of Shenghua Capital can be considered more in this regard?"

Qin Zhengguo suddenly said this, and Luo Yang and Li Daqi immediately agreed. This time, all parties involved in the listing of Netscape made huge profits, and Shenghua intervened because of Netscape's previous opportunity to seek capital injection, although because of the American capital reasons, Shenghua did not get many shares, but when Netscape was listed, the previous return on investment reached a quite amazing level, which made everyone very happy.

In just half a year, such a proportion of return on investment has never been seen in this world. In recent years, Shenghua Capital, including Shenghua's subordinate investment companies, has not been slow to develop, and has invested a lot in various industries. Most of them are industrial investments, such as Guo Tao's hardware company, snow leopard leather, Zhang Jian's medical company and other industry enterprises.

Among these investments, there are quite a lot of returns, and even if there are investment failures, the proportion is not large compared to the whole. In these investments, Shenghua has not only expanded its industry scope, but also made huge profits from it.

But all these investment income add up to not compare to Shenghua's profit on Netscape this time, when Netscape went public, the dazzling performance after Netscape was listed, Shenghua was dumbfounded, and at the same time, Song Dynasty Aid was able to have such a vision through a series of operations to obtain shares in advance when Netscape financed and admired.

Netscape's success made Qin Zhengguo stunned and couldn't help but be extremely moved, in their opinion, such a generous return is much stronger than investing in ordinary industries. If you can find a second or third Netscape, even if it is not as rich as not having a Netscape, as long as there is half of the Netscape...... No, half of it does!

Listening to their lively discussion, the excited expressions were as excited as if a huge gold mine had been discovered.

Song Yuanchao felt a little emotionally in his heart, the temptation of the Internet to capital is really great! But then again, isn't that true for yourself?

But Song Chaoyuan is more aware of the changes after the arrival of the Internet era than Qin Zhengguo, the listing of Netscape is only the prelude to the Internet era, with the success of Netscape, countless capitals have shifted their attention from traditional industries to Internet-related emerging enterprises, dreaming of being able to imitate Netscape's success, so as to get a piece of the pie in this feast.

It is precisely because of this that since this year, capital has opened an upsurge of Internet investment, and because of the surging enthusiasm of capital for the Internet industry, it has promoted the rapid development of the Internet.

From now until 2001, in less than six years, the development of technology and the emerging Internet industry in the promotion of capital can be said to be changing with each passing day, related stocks soaring, profits rising in geometric proportions, a wealth myth was born accordingly, and attracted countless people from the traditional industry to get involved in this emerging industry.

It is a pity that the Internet is a new industry after all, due to many of the current reasons and business models failed to break through, the most important thing is that it cannot be transferred from the number of users to the real income, coupled with the continuous investment of capital caused by the "burning of money" serious, and the actual return is only reflected in the stock market, which finally caused the bursting of the Internet bubble after 2001.

When the Internet bubble burst suddenly, countless Internet companies that were originally hot and sought after by capital and investors fell, and countless investments and the wealth on the original books also disappeared with the bursting of the bubble, thus making the Internet industry enter a harsh winter.

Qin Zhengguo didn't know about these at all, but Song Yuanchao knew it. There are many opportunities in Internet investment, but there are also many risks. But on the whole, before 2001, the investment in the Internet in the next few years was still very good, as long as it can withdraw in time before the bubble comes, Shenghua will definitely be able to obtain huge benefits in it.

Song Chaoyuan did not reject Qin Zhengguo's suggestion, and after thinking about it, he still agreed to Qin Zhengguo's formation of a professional team for Internet investment projects for Shenghua Capital, which was based on the temporary team that had previously assisted Netscape in financing negotiations, after all, these people already had experience.

And then on the basis of the previous enhancement, become an independent department, this department will be responsible for the headquarters of Shenghua Capital, the intention of this is also in order to avoid the future investment in the Internet market out of control, so as to fall into the crisis of the Internet bubble burst a few years later, with Song Dynasty Yuan staring, this possible risk is much smaller.