After the promotional video material was filmed, Meng Fanqi got his wish and got his U.S. bank account and stock account.

Looking at the $3.26 million in the account, Meng Fanqi was in a trance and felt very unreal.

Previously, Google's letter of intent gave a higher number, but it was only a letter of intent after all.

It takes a long time to negotiate, sign a contract, make your own research results or sign a contract for two or three years, and then transfer the money to your own account.

But now the 20 million yuan he advanced has actually become 3.26 million US dollars in his account according to the exchange rate.

He can use the money however he wants, without any burden.

"Uh... Nor can it be said that there is no burden at all. Meng Fanqi calmed down, after all, the advance is an advance, and if the follow-up income does not reach this amount, there will still be a certain risk.

It's just that this possibility is very small, not only Meng Fanqi, who knows the power of the YOLO real-time detection algorithm, is full of confidence in it, but even ordinary researchers at the Baidu Research Institute can understand its power.

Because of this, at this moment, the first investment Meng Fanqi got in the account was Baidu's stock.

Baidu's stock price was about $165 at this time, and from June '13 to November '14, in a year and a half, Baidu's stock price soared from 96 all the way to 246.

At the moment, it is in the spring breeze.

Under this trend, Baidu focuses on promoting the YOLO algorithm and holding a technical conference, which will definitely be able to rise by about ~20% in a very short period of time.

Naturally, Meng Fanqi doesn't plan to hold too many whiteness stocks for a long time, although he knows that a real-time detection algorithm two years in advance will help whiteness a lot.

But in a new direction such as autonomous driving, the return on investment is even more exaggerated.

However, since he is very aware of Li Yanhong's actions in the past two weeks, there is no problem in taking whiteness as a short-term term of no more than ten days.

According to Meng Fanqi's estimates, Baidu's stock price has risen from 165 to about 200 after experiencing the promotional video and press conference of this technology, which should not be a big problem.

The follow-up market will continue to be optimistic about whiteness, so it will not be difficult for him to quickly get rid of this part of the stock.

For a large company of Baidu's size, the daily turnover of stocks is often in the billions, and if you put this little capital into it, you won't make any splashes, and there will be no abnormalities, which will attract too much attention.

However, even so, Meng Fanqi still divided many operations when buying shares, for the sake of insurance.

Often, such a move is not likely to attract much attention. But this time it was an exception, the money Meng Fanqi used to buy shares was originally part of the amount in advance, and it was through the account handled by Baidu's personnel in the United States.

If you can't detect this aspect of whiteness, that's a strange thing.

Meng Fanqi only bought about five million shares in batches, and Secretary Liu had already conveyed the situation to Li Yanhong.

Baidu's experience of going public that year was actually not smooth, and in 05, it was also hostilely acquired by Google.

At that time, Google was determined to enter the Chinese market, and the acquisition of Baidu was a shortcut at that time, and Google's acquisition momentum was very strong, and President Schmidt personally came to Yanjing to meet Li Yanhong.

At that time, Robin Li was facing tremendous pressure from many shareholders, and he believed that the benefits of Baidu's own listing and development were far better than being directly acquired by Google.

But the road to listing is full of thorns, and many shareholders are eyeing the large sums of money that Google has promised.

Robin Li spent a lot of energy and time in this area, and finally prevented the Google acquisition.

In the same year, Robin Li officially submitted a prospectus to the U.S. Securities and Exchange Commission and implemented the Baidu "Cattle Card Plan".

The "Bull Card Plan" is an anti-hostile takeover plan in which Baidu refers to publicly issued shares as Class A shares, with 1 vote per share, while all original shares are Class B shares with 10 votes each.

In the event of an external transfer of Class B shares, the shares will be converted into an equal number of Class A shares immediately. Among the Huaguo companies listed in the United States, Baidu is the first to adopt this equity setting plan.

This act is widely regarded by the outside world as a declaration of Baidu's desire to develop independently.

Under the constraints of the "Cattle Card Plan", Google had to sell the 2.6% of the shares it already held in Baidu, and Google's dream of acquiring Baidu was shattered.

After Google's acquisition of Baidu was hopeless, it clearly identified Baidu as its biggest competitor, which also showed that the Baidu search business had a bright future in China at that time.

With such historical experience, Robin Li is very sensitive and concerned about the transfer of shares in his company.

Looking at the report summarized by Secretary Liu, Li Yanhong smiled helplessly.

"This kid came to me to advance tens of millions, and as a result, he bought my company's shares." Li Yanhong knew that Meng Fanqi was just a college student and didn't have any other ideas, so he didn't care too much about anything, but just felt a little funny.

"This also shows that he is still very optimistic about our company." Secretary Liu answered with a smile.

"I don't see it, if he really wants to hold our shares for a long time, he just mentioned it directly in the agreement." Li Yanhong shook his head, if Meng Fanqi only needs shares, then he will be happy.

The money doesn't need to be paid, and he can be taken down by relying on the average shares.

"He didn't ask for any shares, and he asked us to help him handle the U.S. stock account Bank of America, I'm afraid he wanted to invest in start-ups." Li Yanhong is worthy of being an old fox in the shopping mall, and he can see through Meng Fanqi's thoughts at a glance.

"Probably he didn't think that his technology would have such a good response in autonomous driving, and after hearing me say it today, he wanted to go to the U.S. stock market to play."

Li Yanhong didn't care that Meng Fanqi didn't tell him too much, in his opinion, as long as it wasn't something bad for whiteness, there was no need to ask too much.

"It's okay, let him buy it, it's just that his current behavior is a bit of a suspicion of violating the rules." Li Yanhong instructed Secretary Liu, "He has a total of millions of dollars, and he doesn't have any other ideas." I just want to take advantage of the time we are promoting, to make a short-term, to make a few percent, the technology was originally made by him, so he made a good profit. ”

"This time we also used the account we created, you operate it, and then send him a supplementary clause of the contract, stating that this advance will be given in the form of virtual shares."

Li Yanhong thought about it for a while, and felt that there was basically no problem in this way. The young genius showed a side that he didn't understand, which also made Li Yanhong feel closer. "Remind him that in the future, this kind of thing will still have to be done by a professional."

Even if it is advanced twice, a total of 6 million US dollars will be fully entered, and the proportion of about 1/10,000 to 20,000 of the market value of Baidu is far from worthy of Li Yanhong's attention.

It's good that he knows, and everything is under control.

"Hahaha, this kid is bold enough." Secretary Liu also found it interesting, this student suddenly got such a large sum of money, and he really dared to smash it all in, so he was not afraid of being manipulated by the big guy with a heart, so he went in directly.

"Let's talk to him about it in detail." Li Yanhong put the information aside, and he really didn't expect this to come out, "If he goes to the United States to be so reckless, he may have to suffer a big loss." ”