Chapter 607: This Year We Should Be Able to Make 10... Billion.

Speaking of Shi Yuzhu, he is definitely a legend in the IT industry.

He became famous very early. He was admitted to the Department of Mathematics of Zhejiang University in 1984. In 1991, he established the giant company and launched the Hanka, which was a hot sale and soon became a millionaire. Later, he launched the well-known health care product brand Brain Gold, and Shi Yuzhu earned the first billion in his life.

Under the dual push of the local government and personal wishes, Shi Yuzhu set up a more ambitious goal.

He's going to build the Giant's Building.

But unfortunately, because the Giant Building consumes a lot of funds, most of Shi Yuzhu's funds were evacuated by the Giant Building. In addition, there was a problem with the safety detection of brain gold, and the Giant Building launched by Shi Yuzhu became an unfinished building for a while. So far, Shi Yuzhu has debt of 250 million, and he has become a Lao Lai in the eyes of others.

But even so, Shi Yuzhu did not give up. After a period of silence, he came out again.

This time, Shi Yuzhu brought a more shocking domestic product - Melatonin.

right.

It is the Melatonin who does not receive gifts this year, but only receives Melatonin.

Melatonin achieved unprecedented success. On this basis, Shi Yuzhu developed a series of products such as "Golden Partner". In the end, he paid off the arrears and reached the peak of his life again.

If there is no accident, according to the line of the previous life, Shi Yuzhu will leave the health care product brand and start the IT industry.

Moreover, in his previous life, he established the Giant Company again, and launched a very far-reaching online game - Journey. In addition, Shi Yuzhu also invested in 51.com while operating online games.

But now it seems that Shi Yuzhu has some changes from his previous life. His first entry was 51 Nets.

Recalling the memory of Shi Yuzhu in his mind, Chen Yu met this legendary figure in the Shanghai stock market.

There is not much change from the appearance of the previous life, Shi Yuzhu kept a short head, and looked a bit old and solid on the outside.

But those who know him know that this honest man doesn't know how distinct his personality is in his heart.

From his melatonin work, you know how different Shi Yuzhu's business philosophy should be from others.

"Hello, brother, I'm Chen Yu."

When meeting for the first time, Chen Yu first said hello to Shi Yuzhu.

This voice made Shi Yuzhu, who had been looking at Chen Yu, a little surprised: "Are you also at Zhejiang University?"

"no."

Chen Yu shook his head: "I went to Shencheng University."

"I see."

Shi Yuzhu suddenly realized.

That's right.

Shi Yuzhu's undergraduate degree was at Zhejiang University, but his master's degree was in software engineering at Shencheng University.

This reminded Chen Yu of the reason why Li Biqing fooled himself to study at Shencheng University.

really.

Although Shencheng University is not ranked high, it is really pragmatic.

Look at Shi Yuzhu, even if he has not yet reached the peak of his previous life, he is now worth hundreds of millions.

If according to the previous life, the highest peak, Shi Yuzhu's worth exceeded 100 billion yuan.

"Mr. Chen probably hasn't graduated yet."

"not yet."

"No wonder..."

Shi Yuzhu was full of excitement and nervousness about Chen Yu's appointment to meet him.

Although he became famous much earlier than Chen Yu, in the field of the Internet, who does not know that Chen Yu has the final say.

Although 51.com has achieved certain results, it is nothing compared to Huanyu Technology.

"Brother, why did you think of doing the Internet and not the health care product business?"

"The health care product business is good, but I have been scolded a lot for so many years."

"Hahaha……"

Chen Yu laughed: "This is the way of health care products, but there are a lot of scoldings for doing the Internet."

Now the most scolded online is Huanyu Technology.

As for why, because Universal Technology has too many businesses.

Every business has hundreds of millions of users, even if one tenth of them scold you, it is extremely scary.

"However, senior brother, simply doing Internet business has no potential."

"How to say?"

"I looked at my brother's website,

51.com is a website similar to a blog. However, he is different from bloggers, and his positioning should be in terms of making friends with young people, and it should be a social business..."

In a few words, Chen Yu explained the positioning of 51.com.

This made Shi Yuzhu both helpless and admirable.

Unfortunately, Shi Yuzhu thinks that his 51 network is following a different route for all websites and should be able to succeed.

What I admire is that Chen Yu didn't expect Chen Yu to see their route at a glance.

If this is his sniping, 51.net may be wiped out.

Thinking of this, Shi Yuzhu broke out in a cold sweat behind his back.

Of course, that's not all.

The social network has been figured out by countless people in the past life, and Chen Yu continued: "This is a website that looks very promising, but there are problems with the profit model of this website. It is purely advertising and membership services. It does not cover the operating costs of the website.”

"President Chen Huiyan."

Shi Yuzhu nodded: "It is indeed difficult to make a profit, but I believe that there will be a great improvement in the future."

"No one can tell what the future will be. To talk about the future, take our Huanyu Portal as an example. Since the establishment of Huanyu Portal, we have lost several hundred million every year."

"so much?"

Shi Yuzhu was a little surprised.

"I also want less, but the cost of this is unimaginable."

Of course, there are actually several sub-channels in the Universal Portal that make money.

Such as car channel.

But the most expensive part of the Universal Portal is the current affairs news on the front page.

For these news, Huanyu Technology does not know how much it has spent.

But even so, in terms of current affairs news, they are not as good as Xinlang.

There's no way to do this, just try slowly.

But if you work hard, every day is money.

As for the advertising fee, that advertising fee is not enough for the server to consume.

As for Chen Yu saying so much, it is naturally not his brotherhood with Shi Yuzhu.

He said so much just to fool Shi Yuzhu.

A game genius like this, what kind of social network is he engaged in, he should follow himself to engage in online games.

However, it is obvious that Shi Yuzhu is not so easy to fool. Seeing Shi Yuzhu is not particularly convinced, Chen Yu took NetEase as an example: "Senior brother, it is not just our Huanyu portal, you can look at NetEase, although NetEase is also called one of the four major portals, But basically the portal has not made much money. There is only one that can make money, and that is Xinlang. As for Sohu, it is also very mediocre. You can read their financial reports every year, and you can study them when you go back.”

Say it's gibberish, but don't talk nonsense.

Chen Yu's flickering has always been true and false.

For example, about the portal website, Chen Yu didn't lie.

In fact, several major portals are not making much money now. Even Xinlang, who makes money, doesn't make much money.

"So, Mr. Chen, what do you think is the most profitable part of the Internet right now?"

"It's simple."

Chen Yu said, "Online games."

"Let's talk about NetEase first. NetEase's online game revenue is dozens of times that of portal websites."

"Let's talk about Shanda, the Ninetowns, they didn't specialize in the Internet before, and they didn't have any Internet technology before. Shanda's Chen Tianqiao didn't understand the Internet, and Ninetowns' Zhu Jun didn't understand the Internet, but they knew that games were very profitable. So, they made online games, and both have been listed in the United States."

"As for our Huanyu Technology..."

Chen Yu didn't know what to say.

Huanyu Technology is not currently listed, and the natural annual report does not need to be published for everyone to see.

However, Huanyu Technology is not listed, but it is the most profitable online game company in China.

Speaking, Chen Yu stretched out a finger: "We should be able to earn this amount this year."

"100?"

Chen Yu added a number at the end: "100 million."