Chapter 107: Building the Foundation (23)

With foreign companies competing for the market, Tianlong Food’s turnover, profits, etc. will definitely be affected.

However, the boss Su Mingzhe remained calm.

General Manager Lu Youguang didn't think the matter was a big deal.

Even if some people below are flustered, it will not affect the overall situation.

In mid-July, Su Mingzhe was invited to Hong Kong.

Mr. Li invited Su Mingzhe to visit Hong Kong this time, not because he had nothing to do.

Most of Su Mingzhe's funds are in several banks in China and Hong Kong.

At the beginning of the year, this money began to mobilize and flow into international stock markets.

Major bank shareholders like Li Chaoren will find out where the funds flow.

The reason why Mr. Li invited Su Mingzhe to Hong Kong this time was because he couldn't understand some of Su Mingzhe's actions and wanted to ask for advice.

"Master Li, long time no see."

"Mingzhe, just call me Ju Ge. We are so familiar with each other, don't be too distant."

"That's fine, Big Brother."

"now it's right."

After Master Li picked up Su Mingzhe, the two of them went to a villa and sat down.

Mr. Li turned on the TV, which happened to be broadcasting this year's Miss Hong Kong pageant. He couldn't help but smile at Su Mingzhe and said:
"Mingzhe, the Miss Hong Kong contest is about to begin, do you want to play a game?"

"Never mind. I'm not too interested in this."

Su Mingzhe waved his hands and looked at the beautiful girls on TV. He didn't know many of them, so he was not willing to take action.

"let it go."

Mr. Li just thought that Su Mingzhe was young and thin-skinned, so as the landlord, he simply made arrangements directly.

In the following days, Mr. Li took Su Mingzhe to play on his cruise ship for a few days.

He actually found a few pretty and bright-looking female celebrities and Miss Hong Kong contestants and sent them to Su Mingzhe.

Su Mingzhe looked at the beauties who ran into his bedroom at night and felt a little amused. He felt that Mr. Li might have some misunderstandings about him.

Although I am young and have two girlfriends, I am not really lustful.

But this kind of thing is hard to explain.

Master Li has already sent the person to the bedside, and if I refuse again, it would be a slap in the face.

Well, it's just a matter of doing things. Just make do with it.

Master Li kept making various arrangements for Su Mingzhe and took Su Mingzhe around to play.

It seemed as if Mr. Li invited Su Mingzhe to Hong Kong for no other reason.

For a whole week, there were all kinds of troubles.

Su Mingzhe was parting ways every night and was a little exhausted, so he thought about finding an excuse to leave.

Fortunately, Mr. Li is not really that boring.

Finally one day, while fishing at sea, I asked my questions about investment.

Su Mingzhe began to invest Hong Kong's funds in the Internet sector last year.

The yield is pretty good.

We have also increased our investment this year and invested some domestic funds into the Internet sector.

Seeing the Internet sector booming, various indexes are soaring.

Mr. Li also wanted to try it, but his father warned him that although the Internet seems to be flourishing, it is actually as dangerous as boiling oil on a hot fire.

Su Mingzhe took billions of spare money and threw it into this bottomless Internet field. He didn't know when he would be blown to pieces without leaving a single bone.

Mr. Li seemed to be persuading him in a friendly tone, saying, "Mingzhe, the Internet is a very complicated place. You are still young, so it is best to be cautious."

Su Mingzhe was not stupid either, and he understood the other party's intention of exploration.

However, there are some things that I really cannot reveal, otherwise I will be in big trouble.

Therefore, Su Mingzhe smiled and thanked Mr. Li:
"Thank you for your concern, brother. I am heading out now."

Su Mingzhe naturally knew that the Internet bubble would soon collapse worldwide.

But you can't say this to Master Li.

After all, it will take another year or two for the overall collapse to happen.

After listening to Su Mingzhe's words, Mr. Li knew that Su Mingzhe was far from being the innocent man he appeared to be, nor was he the good friend with whom he could talk about anything.

But this was also within Mr. Li's expectations.

After all, if Su Mingzhe could successfully reach this point and open up to others casually like a naive fool, no one would believe it.

In the following days, Su Mingzhe really felt that his body could not bear it anymore and wanted to leave, but was told by Mr. Li that Li Chaoren also wanted to see him.

If Su Mingzhe wanted to say goodbye, he couldn't say it out loud, so he could only accept Mr. Li's hospitality for a few more days.

No matter what, in this world, Li Chaoren is considered a senior in the business circle. Whether in terms of status or net worth, he is superior to Su Mingzhe.

Li Chaoren wants to see Su Mingzhe, so Su Mingzhe can only wait.

Fortunately, Mr. Li arranged a wide variety of activities that would never make Su Mingzhe feel bored.

Two days later, Master Li brought Su Mingzhe, who was suffering from sore waist and knees, to the Li family's mountaintop villa and met Li Chaoren.

Li Chaoren was already over seventy years old at this time, but he still had sharp eyes and ears, and spoke swiftly, without any signs of old age.

"Hello, uncle."

"Young man, sit down, sit down."

Li Chaoren had already discussed Su Mingzhe with his eldest son. After all, Su Mingzhe is the richest man in the mainland and is very worth studying.

In Li Chaoren's opinion, Su Mingzhe's success story was very smooth, as if he had God's help, and everything had been going smoothly without any troubles.

First, Su Mingzhe saved up his first sum of money by setting up a stall on Guanqian Street in Suzhou City when he was twelve years old.

Three years later, the first industry, Tianlong Food, was established.

Later, investing in Xiaolingtong, now looking back, was also a high-profit return of hundreds or even thousands of times.

Finally, he took advantage of the financial crisis and made a huge profit, which resulted in his net worth skyrocketing.

Among the many tycoons in Hong Kong, Superman Li has seen people who have made similar fortunes, but in terms of age, they are all adults over 30 years old.

Such trendsetters are all extremely cunning and talented.

Li Chaoren studied Su Mingzhe, in fact, he also wanted to accumulate some experience for his descendants and expand his network.

Su Mingzhe was a guest at the Li family and chatted with Li Chaoren for a long time.

In fact, it is just a bunch of nonsense, and everyone is testing each other's bottom line.

Su Mingzhe had known the Li family for a long time, so there was no need for this. It was just that Li Chaoren and Mr. Li were too slow, so Su Mingzhe continued to chat with them.

This visit to the Li family ended.

The next day, Su Mingzhe proposed to return to the mainland again.

At this time, it was almost the end of August.

In a few days, university will start.

Su Mingzhe doesn't want to take leave again.

This time, Mr. Li did not try to persuade him to stay and even helped to book a plane ticket.

Su Mingzhe took the flight that evening and flew directly back to Yanjing.

Li Ansheng and Su Mingzhe got off the plane one after another.

This summer, Su Mingzhe was unable to spend even a single day with Li Ansheng, and he felt quite guilty about it.

After returning to Yanjing, Su Mingzhe did not rush to report to school. He first took his girlfriend out shopping for a day and had fun for two days before returning to school.

Sophomore year has begun.

The learning tasks suddenly became more difficult.

When Su Mingzhe was a freshman, he had very high expectations for his sophomore year because he failed to develop new skills.

In order to practice his computer skills, Su Mingzhe even asked three roommates to develop game plug-ins.

Unfortunately, the skill was not generated successfully.

Now Su Mingzhe decided to create a website.

In its previous life, Renren.com was founded by several of Su Mingzhe’s future junior classmates.

The highest market value of Renren reached nearly 10 billion US dollars. In the domestic Internet field, its market value is only second to Baidu and Penguin, ranking third.

At this time, Baidu and Penguin are already online.

Su Mingzhe has investments in Baidu and Penguin, and now he has created Renren, which means he wants to dominate the entire Internet field.

Outsiders don’t know how ambitious Su Mingzhe is.

Even three roommates in the same dormitory, just out of the mentality of helping out, each took a 5% stake in Renren, a company registered by Su Mingzhe.

Su Mingzhe used his own companies to hold 85% of the shares respectively, making him a true major shareholder.

As soon as Renren went online, Su Mingzhe looked for Pony Ma and asked him to help push the news using Penguin.

With the help of Penguin, Renren became popular on the Internet as soon as it was launched.

Brother Xiao Ma also feels very sad.

The largest shareholder of his own company has created a new competitor.

Not only can Penguin not suppress its opponents, it must also cooperate with them and help promote them.

Such a frustrating thing happened to me.

Let everyone judge for themselves, and then you can go and seek justice from someone else.

Su Mingzhe also knew that what he had done was a bit excessive, so he immediately paid Penguin 10 million yuan in advertising fees in the name of Renren.

Well, Penguin has to do its job after getting the money, and the joint promotion cannot be stopped in the next year.

This is even more bullying.

Count the balls.

Xiao Ma Ge gradually accepted the reality.

Because Su Mingzhe agreed to give up 20% of Renren shares to Penguin.

At this time, Penguin has not yet found a profit point.

At that time, there was no online payment, so even if rich people wanted to spend money, they could only pay with cash.

Su Mingzhe had a lot of ideas for making money in his mind, but they were all directly restricted by the lack of secure online payment channels.

Su Mingzhe and Xiao Ma Ge also talked about this issue several times.

At an Internet forum conference held in China, both Su Mingzhe and Pony Ma proposed the need to solve the problem of online payments.

Online payment not only involves network issues, but also has restrictive factors from organizations such as the China Banking Regulatory Commission.

So, everyone knows this problem.

But if we want to solve it, it will take time for the problem to ferment slowly.

Anyway, Penguin and Renren are not too worried about this issue.

At present, the companies that are most anxious to solve the problem of online payment in China should be several B2B Internet companies.

Companies like HC360 and Alibaba.

If these companies do not solve the problem of online payment, their development will be greatly restricted.

In the blink of an eye, it was the last day of December 99.

In one day it will be the new century.

Su Mingzhe doesn't have time to accompany his two girlfriends, so what's the point of playing the turn of the century?

He has bigger things to do.

New Year's Day.

Hualong Technology, jointly established by Weilong Communications and Huawei Technologies, held a press conference.

At the press conference, Hualong Technology launched the world's first color screen mobile phone that can take pictures.

As soon as this mobile phone came out at the beginning of the century, it caused an uproar in the global technology community.

Because Su Mingzhe asked someone to make a holographic projection of a futuristic science fiction video.

"Hualong Technology makes the future no longer a dream."

The price of Hualong mobile phones is also very affordable. There are three levels in total, namely 1,800 yuan, 2,800 yuan, and 4,800 yuan.

The mobile phone system also has built-in versions in multiple world languages, including English, Japanese, Korean, French, Russian, Arabic, etc.

As the press conference was held, investors from all over the world came again, like sharks smelling blood, constantly looking for investment opportunities.

Some sales channel dealers want to quickly obtain regional agency rights.

Su Mingzhe did not have too high demands on these channel dealers. As long as they did not make any mistakes, he agreed to their agency rights.

At present, Su Mingzhe has only one requirement for Hualong Technology, which is to get a quick return on investment.

In order to develop this mobile phone, Su Mingzhe and Huawei have jointly invested more than 3 billion yuan.

The cost investment is too high. If the investment is not recovered quickly, Su Mingzhe will not be able to bear it.

(End of this chapter)