Chapter 269: Microgram Xinke's Technology, Industry and Trade Route!

Yi Zhongnan and his entourage focused on the artificial intelligence laboratory of Microgram Information Technology, which is mainly to develop innovative technologies for the content platform of Micro Science and Technology Information Technology.

The person in charge of the artificial intelligence laboratory is called Luo Ronggui, who is a graduate of the Yao class of the School of Computer Science of Shuimu University, and joined Weike Information Technology through the Slope Group's Genius Youth Program. Luo Ronggui's salary is the highest level in the genius youth plan, with an annual salary of 2.01 million yuan.

It is common for graduates of the School of Computer Science of Mizuki University to receive a salary of 300,000 or 400,000 yuan from a major domestic Internet company, but it is still very rare for a person like Luo Ronggui to earn a starting salary of more than 2 million yuan after graduation.

The media also took stock of the resumes of the talented teenagers of the slope group, and found that most of them came from Shuimu University, Yenching University, Huagong University, Jiangchu University, Puhai Jiaotong University, Luo Ronggui is a post-90s doctoral student, but this batch of genius teenagers also has the only undergraduate Wu Qiulei, who graduated from the School of Mathematical Sciences of Yenching University.

Luo Ronggui introduced the latest R&D achievements of Weke to Yi Zhongnan, Shen Nanpeng, Xiong Xiaoge and others, and the pictures processed by Weke Xinke are very clear, and the outline of any example in the picture can be accurately marked.

Zheng Wentong introduced the application scenarios of this technology to Yi Zhongnan, "Weiyin users upload a large number of pictures or videos every day, and some users have found their family members through Weiyin before. ”

"Through these technologies, we can achieve accurate search, help users find lost family members, and also help the public security organs arrest fugitives, with a success rate of 99.97%." Luo Ronggui introduced the results of this technology to Yi Zhongnan.

Yi Zhongnan was very happy and said to Luo Ronggui: "Internet companies need to have a sense of social responsibility, and your work is for the benefit of the present generation. ”

After praising Luo Ronggui, Yi Zhongnan said to Zheng Wentong: "Zhu Sheng's proposal of 'accumulating grain, building a high wall, and slowly becoming king' is also applicable to the current situation of Weike Xinke. Seeing your investment in the technology research and development route, the district is very confident in the development of Weike Xinke, and Secretary Yuan of the city is also very concerned about Weike Xinke. By the way, what's going on with that mobile game "Wrath of Arad"? ”

Zheng Wentong exclaimed, "Leader, this game really has nothing to do with me. I guarantee that the Slope Group didn't get a dime from this game. Penguin said that I was in charge of the development of the game, which is purely non-existent, so why would I do such a thankless task. ”

Yi Zhongnan said: "Now that the national economy is playing a game of chess, and Penguin also has a lot of industries and investments in other districts, Penguin's lawsuit against the game operator of "Wrath of Arad" has been repeatedly postponed, and it is not good to make a fuss." Secretary Yuan meant that Puhai is an international metropolis and cannot bear the bad reputation of local protectionism, which is not conducive to the city's investment promotion work. ”

Zheng Wentong nodded in agreement, "Secretary Yuan is right, and this is also the purpose of my proposal to establish the Puhai Internet Court." ”

"Because the business license of the previous operator of "Wrath of Arad" has been cancelled, and the current operator is in Gan Province. If it's an Internet company in Puhai City, I can still help say hello, and our slope group doesn't have any investment projects in Jiangxi Province, so it's difficult to help mediate between Penguin and this game company. ”

"Now Penguin says that the game company copied their game DNF, but in fact, Penguin claims the copyright of DNF, and this kind of lawsuit itself is very complicated to obtain, so it will inevitably be time-consuming and labor-intensive." Zheng Wentong said.

"For example, Douyu and Huya broadcast our game "Peace Elite" live without our permission. After we sued Douyu and Huya, the lawsuit dragged on for more than half a year, and finally ended in mediation. Zheng Wentong said.

Yi Zhongnan saw that Zheng Wentong was thorough, and the next conversation was relatively relaxed. Zheng Wentong also introduced the work direction of the slope group in the second half of the year to Yi Zhongnan.

The Institute of Biomedicine at the China Institute of Technology and the Massachusetts Institute of Technology (MIT) Howard Brown. The Hughes Medical Institute became a cooperative research unit. The two institutes will send researchers to each other's institutes for internships, which will not affect the credits and graduation of students from both sides.

Zheng Wentong invited Yi Xin to join the first batch of exchange students, but Yi Xin politely declined after consulting her father, but she could participate in the scientific research team project sent by China University of Technology.

In addition to this, Yi Zhongnan also asked whether the slope group really intends to launch the new energy vehicle project? Zheng Wentong also told the truth, at present, there is only this intention, only after the successful acquisition of Zhongchu Machinery Group, the slope group will develop new energy vehicle projects, Zheng Wentong does not plan to let other automobile companies to OEM slope group's new energy vehicles.

Puhai City already has Tesla, the benchmark of new energy vehicle projects, and it is definitely impossible for a new energy vehicle project of the slope system to land in Puhai. Yi Zhongnan is indeed likely to be transferred to other vice-presidents next year. Province. He is the main leader of the city, so it is normal for him to pay attention to the new energy projects of the slope group.

Shen Nanpeng said very reasonably, the way out of Weike Xinke is not outside. Now that the city has begun to sort out the information on the overseas investment of Puhai companies, it will not be so easy if you want to buy Atletico Madrid club until next year. Yi Zhongnan said.

Yi Zhongnan now also attaches more importance to Zheng Wentong's judgment in the economy, Zheng Wentong can develop the slope group into a large consortium with assets of nearly 100 billion yuan in just three years, starting from 100 million funds.

Yi Zhongnan had other work to deal with in the afternoon, Zheng Wentong first sent Yi Zhongnan to the parking lot, and then returned to the company to chat with Shen Nanpeng and Xiong Xiaoge.

Before the Spring Festival next year, Microgram Information Technology will start Series C financing, and the valuation of Micro Information Technology is about 10 billion US dollars. Sequoia Capital will continue to invest, and IDG Capital will transfer part of its equity to other new investment institutions, such as SoftBank Vision Fund.

If Zheng Wentong wants to redesign the equity structure with weighted voting rights before the C round of financing of Weike Xinke, he must convince Shen Nanpeng and Xiong Xiaoge at the same time, and after Zheng Wentong gets through these two top investment bosses in China, it will be easier for Zheng Wentong to persuade Ahri, who is lonely.

If Ahri, Sequoia Capital and IDG Capital form a group, it will be more difficult for Zheng Wentong to implement different rights of the same shares.

When Shen Nanpeng heard that Zheng Wentong planned to implement different rights of the same shares in Weike Xinke, he subconsciously raised objections.

"You told me before that Micro Ke Information Technology will be dual-listed on the U.S. stock market and the Hong Kong stock market, and now the Hong Kong Stock Exchange is still implementing one share and one power, and there is no change in policy. Are you planning to give up on listing on the Hong Kong stock market now? Shen Nanpeng asked Zheng Wentong.

"Now that Chinese concept stocks are delisted from the U.S. stock market and return to the A-share market or the Hong Kong stock market, it is a high probability event, and I will certainly not give up the Hong Kong stock market. However, I don't think the Hong Kong Stock Exchange will continue to adhere to the one-share-one-right policy, and if Ahri uses the Hong Kong Stock Exchange as a dual primary listing venue, then it is imperative for the Hong Kong Stock Exchange to revise the one-share-one-right policy. Zheng Wentong said.

IDG Capital's investment in Micro Ke Xinke is mainly for financial investment, as long as Zheng Wentong participates in the investment project, IDG Capital will eventually get a lot of returns. Unlike Shen Nanpeng, he doesn't care about the amount of voting power at the shareholders' meeting of Weike Xinke.

Shen Nanpeng said to Zheng Wentong: "To borrow a line from "In the Name of the People", the number one has absolute power. If you concentrate the company's voting rights in your own hands, it may not be beneficial to the development of Micro Ke Xinke. I've seen too many company decision-makers end up bankrupt because of a bad decision. ”

Zheng Wentong didn't agree with Shen Nanpeng's words, "Mr. Shen, your Sequoia Capital has invested in thousands of companies in China, and there are countless companies that have been listed. When you invest in Internet companies, you like to find templates for companies. Ahri's template is EABY, JD.com's template is Amazon, and Microgram's template is ByteDance. ”

"If running a business is compared to a marathon, your investment institutions will only accompany us for a period of time at most, and there is no way to stick to the finish line. You cheer us on, you hand you towels with water, but it's up to us runners to decide what kind of running strategy to use. ”

"I admit that when I first started Weke Xinke, I took the approach of following bytes, and there are many similarities between Wetoutiao and Toutiao. But since I founded the Weiyin app, ByteDance has gone from a leader to a catch-up, we acquired Y, and they then bought Zynn. ”

"I hope that the number of overseas users of Weke can catch up with the domestic market, and the proportion of overseas revenue of Weke can exceed about 50%, so that we can achieve differentiated competition with Penguins."

"Weke Information Technology will entrust Deutsche Bank to issue a total value of $1 billion bonds in overseas markets. The loan will be used to acquire TikTok and Mutong Technology, and Micro Xinke will provide shares + cash to complete the transaction. ”

After the acquisition of TikTok by Micro Ke Xinke, Slope Group can repay the loan provided by Cheung Kong Group. After the completion of the C round of financing, the funds raised by Microke will be used to repay the bank loans.

Zheng Wentong also introduced to Shen Nanpeng and Xiong Xiaoge the use of funds for the research and development of microgram information technology, and in the next five years, the intensity of research and development funds of micro information technology will reach about 15%. The artificial intelligence room of Micro and Information Technology has carried out a number of cooperation projects with Shuimu University, China University of Technology and Puhai Jiaotong University, and Micro Information Technology will pay research and development funds to these three institutions.

The so-called R&D investment intensity refers to the proportion of R&D expenditure in the revenue of the year. For example, assuming that the revenue of Microgram Information Technology in 17 years is 4 billion yuan, according to the proportion of 15%, the R&D expenditure of Micro Science and Technology will not be less than 600 million yuan, which is already more than 90% of state-owned enterprises.

Shen Nanpeng finally relented, "Although the scale of Weike Xinke is still small now, Mr. Zheng's desperate technology, industry and trade route really requires you to retain enough voting rights, otherwise it will cause controversy in the company." If HKEX agrees to weighted voting rights before Series C financing, Sequoia Capital can agree that Mr. Zheng personally retains the majority of voting rights. The timing of the C round of financing cannot be later than the end of 18 years at the latest. ”