"You're the major shareholder, you go first."
Shen Fang rolled his eyes at Little Ma.
“Brother Ma, my shares are less than 15%. You are the controlling shareholders, so what kind of major shareholder am I?”
Zhang Zhidong took a drag of his cigarette.
"President Shen, you are the strategist of our company, what do you say?"
Shen Fang thought for a moment.
"Tencent has now reached its profit point, generating hundreds of millions in revenue annually. As the Chinese internet develops rapidly in the future, the public will become increasingly convinced, and our company's profits will continue to rise. 100 million may seem like a lot now, but they are being too greedy to want 5% of the shares."
Little Ma nodded.
“I disagree as well. I’m full of confidence in the future of Tencent, so when Xu Xin came to me, I came over immediately to see what you thought, bro. But Xu Xin has helped Tencent before, so it wouldn’t be good to refuse her. Besides, Baring Asia can be a great help if we go public. What do you think, bro?”
Shen Fang thought for a moment.
“Brother Ma, how about this, let’s have Xu Xin come over for a face-to-face meeting. We can agree to financing, but 5% is impossible. We’re concerned about saving face, but we can’t treat money like it’s nothing. You might not believe my valuation of Tencent, but I value Tencent’s future at at least $200 billion. Selling shares now would be like taking a loss.”
Everyone present gasped.
Chen Yidan's cigarettes fell to the ground.
"Mr. Shen, you also..."
Little Ma also looked at Chen Fang in surprise.
To be honest, he felt that reaching a market capitalization of around 50 billion yuan with Tencent was already his lifelong dream.
Shen Fang smiled: "What, do you think I'm bragging?"
Chen Yidan shook her head: "No, it's just a little unbelievable. Can we really get to that point?"
Chen Fang smiled and said, "I am confident that when Tencent goes public in 2004, its market value will reach 10 billion Hong Kong dollars. Now Tencent has the most users in China and has a profit center. As long as it goes public, it can raise a lot of funds. We are not short of money now. We just need to stay on the right track and develop slowly. As long as we don't go astray, Tencent will become the number one internet company in China with a population of 1.3 billion. I don't think it's excessive for a company to have a market value of over 200 billion."
Little Ma breathed a sigh of relief.
"Brother, you're going too far..."
Chen Fang smiled.
"Brother Ma, Brother Zeng, Brother Chen, Brother Zhang, Brother Xu, the future of Tencent is as vast as the stars. If we work together, reaching 200 billion is not a dream. As long as you're here, I believe this goal will eventually be achieved. The internet will be ubiquitous in every household in the future. If we can capture the majority of the market and secure 40% of the user base, that's a massive amount of capital. Tencent already has the largest user base in China. What we need to do is provide excellent content services, steadily and surely take each step, and then we can just sit back and make money. To be honest, I think 200 billion is too low."
"I've already planned out the future of Tencent. We want to be number one in network communications, games, online reading, online video, online news, online services, online users, and online traffic. As long as we achieve these eight, making Tencent $200 billion will be a piece of cake."
Little Ma's hands started to tremble slightly.
"Brother, can we really make it work?"
Shen Fang patted Little Ma on the shoulder.
"Brother Ma, it's only a matter of time before the two of us brothers dominate the internet industry. Don't you believe me?"
Zeng Liqing slammed his hand on the table.
"Brother Ma, President Shen is right. Our Tencent has already achieved the largest user base. Right now, there are less than 60 million internet users, but China has 1.3 billion people. When everyone has internet access, our company will be making billions a year just based on our current profits. That's 200 billion US dollars, isn't it? We must have dreams."
Zhang Zhidong said excitedly, "That's right. Besides, I always believe what President Shen says. President Shen is a man of his word. Trusting President Shen is the right thing to do. With a strategist like him, it's only a matter of time before our Penguin Empire dominates the market."
Chen Yidan nodded: "As long as we do a good job in the industrial chain, 200 billion is not impossible."
Xu Chenhua: "I also believe in President Shen. If we achieve the eight firsts, we will definitely reach an unprecedented height for internet companies."
Little Ma looked at the Four Heavenly Kings, then at Chen Fang.
Holding Chen Fang's hand.
"Alright, then the six of us brothers will fight tooth and nail for 200 billion!!!"
Liu Xiaoli, who was standing to the side, was shocked.
In 2004, the company went public with a value of tens of billions of Hong Kong dollars. Shen Fang's shares would have given him a net worth of at least 1.5 billion Hong Kong dollars. How old was Shen Fang then? 20 years old??? As for the 200 billion US dollars, Chen Xiaoli didn't believe it, but Tencent's user base was indeed huge; basically, everyone who used the internet played QQ and FarmVille. She now only felt that she needed to bind Liu Qianqian and Shen Fang together; only he could help Liu Qianqian achieve her dream of becoming a superstar.
Liu Qianqian didn't understand money, but seeing Shen Fang speak eloquently and calmly about the development of the internet and its market value, Liu Qianqian just thought Shen Fang was so cool.
She just thought Shen Fang was amazing. How could Brother Shen Fang be so amazing?
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