Chapter 865 The Development Direction of Browsers
"Currently, the company has five subsidiaries."
Faced with the overseas layout of Jiulang Weike, Mingliu Weike had to catch up before its competitors made their moves, so as not to lose the initiative, and thus put the establishment of overseas branches on the agenda in advance.
Once this extremely money-burning plan is put forward, it will inevitably require the next round of financing, using the money from new investors.
Therefore, divesting the business of several important branches of the current Mingliu Group has become one of the most advantageous options.
Well, it is more beneficial to the current shareholders of the company.
There are only five subsidiaries under the Mingliu Group, the most important of which is Huaxia Longteng Games, which is also the most valuable asset besides Mingliu Micro-Customer. Its current market valuation is at least 3 billion.
Secondly, there are the JD shares held by the investment department and the independently developed 1234 browser and WK mobile browser.
JD's previous investment of 80 million has a current market value of over 180 million, and its future value is immeasurable; the valuation of 1234 browser is a bit inflated, affected by the current financial crisis, and it barely exceeds 30 million, and this is the added value of several web games; WK mobile browser is more favored by the market, with a valuation of about 300 million.
Before the next round of financing, these two assets must be separated.
In the split plan, JD shares and the independently developed 1234 browser and WK mobile browser will be integrated into a new investment company, with a market value directly exceeding 500 million.
As for the farm game, whose popularity has gradually begun to decline, there is no plan to spin it off in order to increase the value of Mingliu Weike itself.
The split plan was discussed with several shareholders in advance, which led to tonight's management meeting.
Once the management has finalized the specific plan, it will be presented at tomorrow’s shareholders’ meeting, and will go through the process and enter the formal implementation phase.
"What do you think of Mr. Qi's arrangement?"
After the CEO finished speaking, Zhou Anan asked the other executives present.
In addition to the CEO, CFO, CTO, and General Manager Yan of Hua Xia Longteng Games, there was also a new top-level participant in the meeting today, namely the Director of the Investment Department Qin Sui.
"That's fine with me."
"I agree."
Soon, the other four executives all agreed.
Everyone had discussed it before the meeting. The shares held by Qi Liang and the other two who were still working at the group headquarters did not suffer any loss in market value, and President Yan and President Qin, who had vested interests in the split of the company, would not have any objections.
"Since everyone agrees, let's follow this plan. After the split, General Manager Yan's position will remain unchanged, and Director Qin will be appointed as the General Manager of Huaxia Fengwu Investment."
Seeing that no one had any objection, Zhou Anan announced an appointment that had been decided long ago.
The new investment company is named Hua Xia Feng Wu, which echoes the Hua Xia Long Teng game, implying the soaring of dragons and dancing of phoenixes, and prosperity.
Originally, this appointment could have been announced by CEO Qi, but when Zhou Anan heard his refusal and understood his concerns, she took over this small matter.
"Thank you for your trust, Boss. I will do my best to make Huaxia Longteng Games the leader in domestic games."
"I will definitely live up to the boss's expectations and make Huaxia Fengwu Investment a star in the industry."
Upon hearing the big boss's announcement, Yan Kanglai and Qin Sui, who had been well prepared, stood up one after another to express their opinions, their excitement evident in words.
From now on, the two of them will truly hold power, be the only ones in power, and reach another peak in life.
"I believe in your abilities."
Looking at the two people's statements, Zhou Anan smiled and affirmed.
The agenda items were passed quickly one by one, and by the time the meeting ended, it was already 9:20 in the evening.
"I won't treat you all to a midnight snack. Go back and rest early. I'll ask you to work overtime tomorrow, so your family won't complain that I'm unkind."
Zhou Anan, who had agreed to treat Miss Wang to a midnight snack, stood up and joked with the executives.
If we rush there now, it will be less than ten o'clock and we won't miss our previous appointment.
"Boss, I have some ideas that I would like to report to you in private."
When the big boss was about to leave, Qin Sui walked over and said something under everyone's curious gaze.
"Well, come with me to the office."
After taking a look at the smart and capable short-haired female executive, Zhou Anan nodded and walked forward.
As for the private report of the new general manager Qin, Qi Liang and others did not pay too much attention to it. They had their own things to do when it came to such a big event as the split of the group.
"Make Mr. Qin a cup of chrysanthemum tea."
When passing by the secretary's office, Zhou Anan gave an instruction to the beautiful secretary.
He remembered that when Director Qin, who had jumped from a Fortune 100 company, first took office and took over, the other party asked for tea.
"OK."
Hearing that the boss still remembered his preferences, Qin Sui felt inexplicably touched.
She knew clearly that this was only the second time she had reported privately.
The original choice was not wrong.
"Thanks."
When the director of the president's office personally brought the tea, Qin Sui quickly stood up to express his gratitude.
Although there is a big difference in the job levels between them, the other party is in charge of the president's office affairs. He is not in a high position but has great power. He is also the absolute confidant of the big boss and must not be offended.
"You're welcome."
Huang Ying answered with a smile and walked out of the office, leaving the two of them some private space.
"Is President Qin married?"
Drinking the coffee that the beautiful secretary had freshly ground and added two packets of sugar, Zhou Anan smiled and said something off topic, then picked up her phone to apologize to Miss Wang for being late.
"Not yet. Right now, my career is my priority."
Suddenly hearing the boss's somewhat strange question, Qin Sui answered his inner thoughts.
She didn't want any emotional problems to affect her new career peak.
"You need to do your career well and take care of your family at the same time. Don't overwork yourself."
Looking at the serious-faced, 35-year-old still single female director in front of her, Zhou Anan expressed her concern.
"Thank you for your concern, Boss. Boss, I would like to report to you my thoughts on 1234 Browser. In terms of antivirus software, domestic companies such as Kaspersky, Yinshan, and Jinmin occupy the majority of the market share, but they have their own limitations."
Putting aside his own life problems, Qin Sui began to talk about the prospects of the project that he would soon take control of independently.
She believes that anti-virus software is the most promising development direction, and it can complement the browser.
"I remember that 359 has already started working on this. We are developing antivirus software now. Can we keep up with the progress?"
After hearing Mr. Qin's vision for the development of 1234 Browser, Zhou Anan immediately thought of 359 Browser, which is about to occupy half of the market.
When CEO Qi and his team were preparing to develop their own browser, Zhou Anan preferred to invest in 359 Browser, but was unfortunately rejected by the other party. Therefore, we have the 1234 Browser for PC and the WK Browser for mobile.
And now General Manager Qin wants to propose developing independent anti-virus software, which will really be in full conflict with the future of 359.
You know, 359 Security Guard will be the dominant antivirus software in the country in the future. Almost no one can shake it, and it even dares to go to war with TT which has hundreds of millions of users.
(End of this chapter)
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