Chapter 574: Revenue of 13 billion, net profit of 7 billion! Lei Yijun and Zhou Hongyi both want to make money from fools!
After leaving the airport, a Hongqi L5 was sandwiched between two Mercedes-Benz commercial vehicles, speeding along the Beijing-Ping Expressway towards the Zhongguancun Software Park.
After more than two years of development, Byte Technology has become the second largest search service provider in China with its products such as Lingxi Browser, Lingxi Search, Encyclopedia, Tieba, and Q&A.
The gap between it and Qiandu is visible to the naked eye, with an overall market share gap of only 2% to 3%.
However, when broken down into different application scenarios, the competitive situation is different.
In the mobile search field, Lingxi Search's market share is a full 15% higher than Qiandu, while Qiandu only has an advantage in the PC search segment.
Therefore, Byte Technology naturally upgraded its business and moved from its original dilapidated office building to Zhongguancun, where many talented people gather.
The size of the staff has also rapidly grown from a few in the beginning to more than 1,900 people, making it a leader in the second echelon of China's Internet.
Zhang Yiming worked passionately in the field of mobile browsers and search engines, and his life trajectory was completely changed.
In contrast, his former younger brother Liang Bo has made great progress in information, short videos and enterprise office software.
Chen Yansen sat in the back seat of the car, took out a Yaocheng X2 from his pocket, replied to a few messages, put down the phone and looked out the window.
In 2014, Yanjing was full of tall buildings and skyscrapers were rising from the ground.
House prices are on the verge of running out of control. Now you can still scrape together a down payment if you grit your teeth, but in a few years they will skyrocket to a level that is out of reach for most people.
Once they survive this year's real estate winter, the wealth of domestic real estate developers will skyrocket and they will be among the top ten richest people.
"Has Mr. Ye bought a house?"
Chen Yansen asked casually.
March in the north is dry, the kind of dryness that can penetrate into the bones.
After hearing this, Ye Qiuping licked her lips unconsciously and replied, "Boss, I bought a house in Qindao, but I actually prefer gold to houses."
"Gold is not bad either. It will at least triple in value in the next ten years." Chen Yansen commented lightly.
Huang Boxiang sat in the driver's seat, holding the steering wheel firmly with both hands. After hearing what his boss said, he immediately made up his mind: he would exchange half of his savings for gold bars.
He may not believe what others say, but who is Chen Yansen?
The famous living god of wealth!
Businessmen in some areas of Hui'an even worship him as the God of Wealth.
However, Guo Shenyi, who was sitting in the passenger seat, heard three deeper meanings from Chen Yansen's understated words.
First, there is a high probability that housing prices will rise in the future; second, gold also has room for growth; third, in comparison, the increase in housing prices may be higher than that of gold.
He worked in the Transportation Association for five years, during which time he was exposed to a lot of internal information and had his own judgment on market trends.
Because of this, he agreed with Chen Yansen's words and felt that his boss's judgment was not groundless.
"Shenyi, call Jingzhao Yin and book a private room for tonight. There will be about ten people dining there."
After saying that, Chen Yansen gave another instruction to Guo Shenyi.
"Okay, boss." Guo Shenyi replied.
After all, he has been working in the system for several years and has a good eye. Not only does he do things in an orderly manner, but he is also good at serving people.
After a while, the car turned into Houchangcun Road.
As soon as I entered the science and technology park, a few dozen meters away from the office building, I saw Zhang Yiming leading a group of Byte Technology executives standing outside the lobby with bright smiles on their faces.
Compared with two years ago, Zhang Yiming, who has experienced the beatings of society, has obviously become much more restrained.
In his opinion, he had only crawled the information sources of the three major portals, CCTV and the National Daily, and he was almost fined, rectified and even imprisoned.
But after relying on Chen Yansen, ByteDance has developed smoothly, with no shortage of money or resources.
Therefore, Zhang Yiming realized that starting a business is too difficult. Without the support of a big boss, it is like a small boat in the vast ocean, with a huge risk of capsizing at any time.
Today, the outside world's valuation of ByteDance has exceeded 15 billion US dollars. Although his shareholding ratio has dropped from the initial 70% to 8.4%, his personal wealth has increased hundreds of times.
He knew very well that without the traffic support and mobile terminal equipment support from Senlian Capital, Byte Technology would definitely not be able to grow into a super unicorn company within two years.
Perhaps, he may end up like Wang Xin of Kuaibo.
With a "click", the car door slowly opened.
Zhang Yiming trotted forward and greeted with a smile, "Hello, Boss!"
"Yi Ming, thank you for your hard work."
Chen Yansen patted Zhang Yiming on the shoulder and encouraged him in a calm tone.
ByteDance’s growth is certainly inseparable from the financial, technical and network resources of Senlian Capital, but it is undeniable that Zhang Yiming’s own abilities are also indispensable.
For a project, success cannot be achieved simply by throwing money and traffic.
Take QQ Group Buying, Paipai.com and Yixun.com as examples. Isn’t the traffic and funds invested by Ma Wenteng enough?
Looking at products such as Penguin Weibo, QQ Cloud Disk, and Laiwang, the first two rely on QQ, a national-level software with hundreds of millions of daily active users, to continuously divert traffic, and the latter Ma Liyun even personally endorses it.
But what is the result?
Not even a splash of water!
Facing his boss's concern, Zhang Yiming grinned and said, "Boss, it's all my job. It's not hard work."
"This place is nice, but it's a little small after all. Let's buy a piece of land and build a headquarters."
Chen Yansen looked around and gave a final reminder.
On the exterior walls of several nearby buildings hang the signs of companies such as Xiaomi, Qiandu, Lenovo, 58.com and Kingsoft, making it a gathering place for Chinese Internet companies.
Although the environment is good, there is insufficient space, which obviously does not meet the needs of future development.
In addition, the price of land in Yanjing was cheap in 2014. Although he did not plan to speculate in real estate, he still had to stockpile land to build buildings and save office costs.
Byte Technology is similar to Pinbei and Jinri Technology, earning more and spending less.
Last year's revenue was 13 billion yuan. Excluding costs such as servers, manpower, management, and purchasing volume, the net profit was more than 7 billion yuan.
It’s just buying land and building a building, it’s so easy.
"Okay, boss. I'll get to it as soon as possible." Zhang Yiming nodded in response.
Then he pointed to a group of executives standing nearby and introduced them to Chen Yansen one by one.
Immediately afterwards, the group walked into Byte Technology's headquarters building. During the inspection, Zhang Yiming basically spoke while Chen Yansen listened, and occasionally asked questions about the details.
As it approached twelve o'clock, everyone went to the Kuaipao canteen in the park for lunch.
After dinner, Chen Yansen got in the car and headed towards the Westin Hotel on the East Third Ring Road.
At the same time.
360 headquarters.
Zhou Hongyi looked at the phone design on the computer, pondered for a moment, and then asked his assistant, "According to the quote from the Orange Phone Factory, how much will the materials cost?"
"About 2,160 yuan." The assistant replied quickly.
"In other words, after deducting various costs, a Meitu 1 Pro can earn a net profit of 2,000 yuan?"
Zhou Hongyi was slightly stunned and couldn't help but curse Wu Hongxin for being so heartless.
In the upper left corner of the screen, the model name '360 V1' is clearly marked.
The hardware configuration of this model has a 99% overlap rate with that of Meitu 1 Pro.
It can be said that apart from the different appearance designs, the operating systems, camera algorithms, built-in voice assistants and battery management systems of the two models are all from the same mother.
This is also why Zhou Hongyi was able to calculate the profit of Meitu 1 Pro immediately after hearing the material cost of 360 V1.
You know, he only makes a few dozen dollars from a 360 F Mini, all of which is hard-earned money.
The profit of one Meitu 1 Pro is equivalent to that of 30 360 F Minis.
In other words, Zhou Hongyi needs to sell more than 20 million 360 mobile phones to make the same profit as 880,000 Meitu 1 Pro phones.
"Yes," the assistant agreed succinctly.
"Put the 360 V1 prototype and bill of materials together and print them out for me."
Zhou Hongyi explained.
When he was preparing to have dinner in the evening, he asked Chen Yansen to help him evaluate the feasibility of the product.
In his eyes, these fools even dared to buy Meitu, so why couldn't the 360 V1, priced at 3,999 yuan, sell well?
The other side.
Chen Yansen returned to the hotel and just sat down on the sofa when he heard the sound of the access control system being unlocked outside.
Ye Qiuping walked in pushing a suitcase, looking around, as if she was afraid of being discovered.
"Boss, where are you going this afternoon?"
Master Ye pushed the suitcase aside, shook his body gently, and asked in a gentle voice.
"come over."
Chen Yansen patted his thigh and motioned Ye Qiuping to sit on it.
…
…
In the evening, a touch of warm orange clouds gradually disappeared into the horizon as the sun set.
The lights of Jingzhao Yin were instantly lit up, and luxury cars lined up in front of the door.
Lei Yijun leaned against a Mercedes-Benz, his eyes fixed on the entrance, and he looked out from time to time.
He Xiaopeng held the mobile phone and kept sliding his fingers across the screen.
"Are you reading a novel?" Lei Yijun glanced at the content on the screen and asked suddenly.
"I've been under a lot of pressure lately." He Xiaopeng sighed and laughed dryly.
Building a car is not as difficult as he imagined, but it is not easy either.
The qualifications for car manufacturing alone took him a lot of thought. While applying for the qualifications to manufacture cars independently, he also got an entry ticket in disguise by cooperating with Haima Automobile.
But in terms of motors, electronic controls, and reducers, we have to start from scratch.
"After all, this is a brand new industry, and everything is difficult at the beginning. Look at Tesla, it was delayed for ten years. If it hadn't encountered the advent of Deep Blue batteries, it wouldn't have sold 30,000 to 40,000 units a year."
Lei Yijun immediately understood what his younger brother meant, so he spoke to comfort him.
"That's right, Jun-ge is right. Anyway, the domestic infrastructure is not mature enough, so we should lay a solid technical foundation first."
He Xiaopeng shrugged.
At this time, a Maybach S600 drove over and stopped in the parking space in front of the two people.
Lei Yijun frowned slightly, looking disgusted.
Sure enough, Zhou Hongyi got out of the car wearing a red stand-up collar polo shirt and a red jacket.
Lao Zhou's explanation to the public was that "Hongyi" is a homonym of "Hongyi", which is simple and easy to remember. But in fact, a master had told him his fortune and said that he lacked fire in the five elements, and wearing red clothes could replenish the fire.
It seemed like nonsense, but Lao Zhou believed it.
Because in the past two or three years, 360's development has indeed been smooth sailing. Not to mention the company's main business, the annual sales of mobile phones alone have reached more than 10 billion.
Lei Yijun told Chen Yansen this in private.
Mr. Chen immediately became suspicious that Shi Yuzhu and Zhou Hongyi were meeting the same master.
Because Shi Yuzhu also loves red polo shirts.
"Mr. Zhou!" He Xiaopeng saw Lei Yijun and Zhou Hongyi staring at each other in a slightly awkward atmosphere, so he immediately took the initiative to greet them.
"Mr. He, congratulations! Ali has acquired UC. You can cash out at least tens of billions, which is comparable to what Mr. Chen made three years ago."
Zhou Hongyi responded with a smile.
"Mr. Zhou, you're joking. How can I be qualified to be compared with Mr. Chen?" He Xiaopeng said modestly.
"Does Xpeng Motors need investment?"
Zhou Hongyi knew that Lei Yijun and He Xiaopeng were good friends, but he still had to rush to flatter each other.
"Thank you for your trust, Mr. Zhou. I will definitely ask for your help if I need anything." He Xiaopeng politely declined.
The two were chatting animatedly.
Lei Yijun occasionally interjected a few words, but fortunately, Chen Yansen arrived in a few minutes.
"Hongqi L5, the color and license plate were chosen by Li Qingsong himself."
Lei Yijun, Zhou Hongyi and He Xiaopeng were secretly envious.
With their wealth, they can certainly afford and buy a Hongqi L5, but they cannot buy the one that Chen Yansen has.
"What are you talking about?" Chen Yansen asked casually after getting off the car.
"Mr. Lei and Mr. Zhou are making a bet on Xpeng Motors' first-day sales."
He Xiaopeng spread his hands and said with a wry smile.
"What's the prize?" Chen Yansen became interested and asked with a smile.
"Whoever loses should call the other one 'brother'," He Xiaopeng added.
I'm so bored!
Chen Yansen waved his hand and immediately lost interest.
Seeing this, Lei Yijun and Zhou Hongyi looked embarrassed and gave He Xiaopeng a cold look.
Four people stood at the door, and on the opposite street, a row of media interview cars were parked.
The reporters' cameras were all focused on the four people, capturing every angle.
Especially the photos of Lei Yijun and Zhou Hongyi making faces at each other, dozens of them were taken in one go.
As for why not run over and take a close-up shot of his face?
Of course, the security of Jingzhao Yin was too powerful. Once they got close, they would lose control of the camera. They couldn't leave until they deleted the photos.
After all, it is a high-end restaurant where wealthy businessmen from Yanjing gather. If we allow the tabloids to take random photos, who would dare to come here to eat in the future?
Not long after, Zhang Chaoyang and Liu Qiangdong also rushed over.
As soon as the group entered the box and sat down, Lei Yijun deliberately talked with Chen Yansen about the cooperation on Xiaomi's beauty camera in front of Zhou Hongyi.
This thing is not difficult!
The algorithm will be licensed with patents from Orange Technology, and the hardware and manufacturing will use the supply chain and production lines of the Orange mobile phone factory. If a few popular female stars are invited, will there be any fear of lack of sales?
"Xiaomi is also going to make a beauty camera?"
Zhou Hongyi was stunned. He felt that he and Lei Yijun were in conflict. He made a low-end phone, while the other party made the Redmi.
Just as the industrial and hardware design of 360 V1 was completed, Xiaomi launched the Xiaomi 3 Pro beauty version.
Chen Yansen glanced at Zhou Hongyi and Lei Yijun. With the two of them getting involved to disrupt the situation, it would be difficult for Wu Hongxin to make money without doing anything.
(End of this chapter)
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