Chapter 1602 Is so Confident

According to the procedures, Liu Zhiping explained Teng Xun's various data reports, shareholding structure, corporate assets, and future prospects.

In fact, almost everyone present has a copy of these data.

No one will come to a road show without knowing the company, it is a joke with their own money.

The roadshow is just to make them firm up their minds. It depends on whether the company organizing the roadshow can make them make up their minds. This is actually a test of the ability of listed companies.

And this ability is generally concentrated on the boss of the company.

At this juncture, Li Dong's final summary is the biggest weight for them to decide whether to participate in the subscription.

Half an hour after the promotion meeting started, Liu Zhiping finished his introduction.

After Liu Zhiping stepped down, Zhang Zidong, the chief technology officer of Teng Xun, also came to the stage to give a demonstration and narration, focusing on the technical field.

Breakthroughs in the field of technology, whether it is important or not, are extremely important, especially for Internet companies.

The people in the audience, whether they understood or not, seemed extremely serious.

Twenty minutes later, at 1:20 p.m., Zhang Zidong's speech ended.

At this time, Liu Hong, who personally presided over the promotion meeting on the stage, took the microphone and said enthusiastically: "Then, let Mr. Li Dong, chairman of the board of directors of Yuanfang Holding Group, summarize and share the Teng Xun promotion meeting for us."

"Papa..."

Accompanied by warm applause, Li Dong bowed slightly and stepped onto the stage.

In the audience, as Li Dong came to the stage, Bai Su also started pointing his phone at Li Dong. Shen Qian and Li Dong's parents were also waiting for their son and husband to show off their power.

...

on stage.

As soon as Li Dong took the stage, he went straight to the point, pointed to the big screen behind him and said, "Everyone, take a look at the screen behind me, I think you should have already got the data on it!

However, at this time, I still have to repeat.

Teng Xun Group, after the reorganization, has 800 million user groups!

800 million,

Appalling data, in China, in Asia, and even in the world, I don't think any company dares to say that the number of users is more than Teng Xun.

Of course, this is the total number of users, and the number of monthly active users of Teng Xun has also reached 500 million.

If you still have doubts about these data, then take a look at the Alexa World Website Ranking released in June!

Ladies and gentlemen, Alexa is an industry owned by Amazon. If the other party doesn’t cheat us, it’s the demeanor of a large group. It’s impossible for us to fake it for us. You should have no doubts about this..."

As soon as these words came out, the audience roared with laughter, and the vice president of Amazon looked innocent.

Why are you talking about them again?

Li Dong waited for them to finish laughing, and continued with a smile on his face: "Alexa's world website rankings, Google and other search engines have always been at the top before, a Google, it is the US site, and the German site, the top 20 is almost by them Accounted for a small half.

In addition, such as Microsoft's search sites, these sites have always occupied the top rankings.

Huaxia Baidu, after this data update, ranked ninth.

You know, they are search engines!

What about Teng Xun?

Teng Xun is not!

But even so, Teng Xun broke into the top ten in the ranking updated in June, reaching the eighth place.

In fact, in June, our resources have not been integrated, in fact, this data is not accurate.

If you really want to compare traffic, not to mention the world's first, the top three, there must be Teng Xun!

What this means, I think everyone knows better than me, I am a non-professional who has become a monk halfway, and I know how difficult it is for instant messaging to kill those search engine websites with website traffic, you should understand..."

What Li Dong said was not exaggerated, but the vice president of Amazon in the audience whispered to the people next to him: "There is a delay period for data updates. At that time, the competition between Yuanfang and Teng Xun was fierce, and the traffic surged..."

Whether he explained or not, in fact, few people cared.

What's more, the data updated in late June is more than a month after the competition period.

All this can only show that after the integration of the two resources, Teng Xun's traffic has indeed surged.

User data and user traffic are still very important to Internet companies.

For China, in the past few years, only Baidu has sometimes been able to break into the top ten positions. Now that Teng Xun has broken into the top ten, this is a proof of his strength.

Li Dong on the stage continued to say: "Actually, I don't pay much attention to these ranking issues. Of course, if you care about them, that's another matter.

In fact, whether to buy Teng Xun's stock or not, it doesn't make sense to look at these.

What are you looking at?

To put it bluntly, look at the money, look at the benefits!

If anyone says that buying Teng Xun stock is not for making money, I, Li Dong, will be the first to not believe it!

As an investor, the first thing to look at is whether you have bought a company's stock, whether there will be any income in the future, or it is now!

Talking about the future is too far away, let's talk about the present!

Let’s look at another data. In 2009, after the reorganization of Teng Xun Group, the total revenue in the first two quarters was as high as 12 billion yuan, which is 13.5 billion Hong Kong dollars.

And how much profit?

2.8 billion Hong Kong dollars!

The basis of all this is based on the previous independent operation of the two companies. In fact, although July is not over yet, our revenue and profit have both increased significantly compared to before.

After completing the integration of resources, our cost expenditure has also been reduced by more than 5%.

In the whole year of 2009, according to the established growth rate, the annual revenue of Teng Xun Group exceeded 35 billion Hong Kong dollars, and the profit was as high as more than 8 billion Hong Kong dollars! "

Speaking of this, Li Dong said in a serious tone: "8 billion Hong Kong dollars!

Everyone, among the Internet companies, how many have achieved it?

Not to mention Internet companies that focus on instant messaging, has any company ever done it?

The net profit exceeds 1 billion US dollars. If Teng Xun is like Ali, with a price-earnings ratio of 300 times, it will not have a market value of 300 billion US dollars!

I have said in front of the media before that the value of Teng Xun lies in the conversion of Hong Kong dollars into U.S. dollars..."

"..."

The audience was completely speechless, Ma Yun looked up at the ceiling, feeling a little tired.

Why do you always compare yourself to me?

There are so many companies, can't you give examples from others?

Of course, Li Dong didn't dare to raise it.

The price-earnings ratio depends on the company, the market, and the market.

Let’s talk about Google, which announced its second-quarter financial report before. The net profit for the whole year of 2009 may reach more than 6 billion US dollars, and the current market value of the other party is hovering around 150 billion US dollars.

Li Dong does not give examples of these groups, but he insists on using Ali, just for the last sentence, a price-earnings ratio of 300 times.

But Ali is a special case, and the final end is also the end of delisting.

Li Dong really thought that other people were fools, and he believed it after a few words?

Naturally, Li Dong would not think that others are fools, and these IT companies are actually not in the same system, so there is no comparison.

On the stage, Li Dong said again: "Don't mention Ali, if you say it 300 times, I'm afraid you will be scared.

As far as Teng Xun itself is concerned, Teng Xun is not an IPO company for the first time, but a restructuring and resumption of trading.

In 2008, Teng Xun's profit was just over 2 billion Hong Kong dollars. At the end of the year, Teng Xun's market value was 100 billion Hong Kong dollars.

Note that the premise is that the global financial crisis intensified at that time. Under the market impact, Teng Xun reached a market value of 100 billion Hong Kong dollars!

Now, after the integration, the new Tencent Group has quadrupled in size from last year.

For Internet companies, the scale has quadrupled, but is the value still quadrupled?

On this point, I don’t want to complain again, I just want to tell everyone that even if it’s just a conservative four-fold increase, the minimum market value of Teng Xun is more than 400 billion Hong Kong dollars!

As the same company, these past data are worth learning from, which is quite different from other IT companies. "

"Also, there is actually one thing that I haven't said all this time. If I really want to say it, you may think that I, Li Dongguang, will brag!"

Li Dong said with a serious face: "WeChat!"

"Up to now, I see few people talking about WeChat. Do you think that WeChat is not important soon after it comes out, or do you think that the mobile Internet is still a castle in the sky?

Ladies and gentlemen, it is already the second half of 2009. If anyone still thinks that the mobile Internet is a joke, I think he is the biggest joke!

WeChat is subverting the entire instant messaging field at an unimaginable speed.

Domestically, up to now, WeChat registered users have reached 100 million, and overseas, it has also exceeded 30 million!

It's only been a few months?

We only launched WeChat in late April, and it’s only been 3 months now!

In 3 months, WeChat users have exceeded 100 million, and the activity level is beyond imagination. Can you still ignore it?

In the next few years, as the mobile Internet becomes the mainstream of the IT industry, the value of WeChat alone will bring you unimaginable rewards! "

"..."

"Many people have been saying that the highest price in the issuance range is 50 Hong Kong dollars, which is too high.

how?

Worried that Teng Xun will fall below the issue price?

Everyone here, is anyone worried? "

When Li Dong asked, someone from the audience answered, "Mr. Li, all of this is your opinion, your senses, and market acceptance may not necessarily meet your expectations.

The issue price of 50 Hong Kong dollars is indeed not low..."

Li Dong directly interrupted: "Let's put it this way, I, Li Dong, are fairly well-known in the business world.

If you have held shares for more than 3 months, if Teng Xun’s stock price has risen by less than 20% after 3 months, you can sell it. At the price of 60 Hong Kong dollars, I, Li Dong, will take as much as you sell!

When I, Li Dong, spoke, I spat out a nail.

If the Hong Kong Stock Exchange thinks that I hold too many shares, that's fine, just delist!

If the stock price is less than 60 Hong Kong dollars, why is it listed on the market!

But all of this also has a premise, which is limited to the investors who subscribed on the spot today. Others, who are considering or hesitating now, are not within the scope of what I said.

As for money, I, Li Dong, would not renege on tens of billions of Hong Kong dollars.

So what if all the 1 billion shares are thrown away?

60 billion Hong Kong dollars, 50 billion yuan, I can't afford this money? "

Li Dong said with a sudden smile: "Of course, in my opinion, there is no such possibility.

If you think Teng Xun’s 60 Hong Kong dollars is difficult, then you don’t need to buy it today.

Investors are so pessimistic, why buy stocks?

Some people present, this is not the first time that I have cooperated with Li Dong. Tell me, who will suffer in the end?

Now that Teng Xun is going public with a market value of 40 billion US dollars, at most two years, if the market value does not double, it will not bring you a 100% return. That is because I, Li Dong, are incompetent!

I will not, like some companies, put some funds first, and then privatize at the issue price when the stock price falls. This is not my style, Li Dong.

Once there is a day, 50 Hong Kong dollars will be issued today, and when it is delisted, 100 Hong Kong dollars will be privatized. I, Li Dong, are sorry for your optimism!

I am a very straightforward person. If you think I am trustworthy today, then tomorrow, I will bring you something in return that you can't imagine.

Today you feel that I am not worthy of trust, then in the end, the person who regrets it must not be me, Li Dong! "

What Li Dong said was resounding, and the moods of investors from all sides began to fluctuate.

Only Ma Yun, lying on the gun again, really wanted to go on stage and beat him up at this time.

Some of the companies that Li Dong mentioned are not Ali.

But the investors are too lazy to care what Ma Yun thinks, Li Dong, as always, dare to speak out and tell the truth.

This is the first time that a company at the helm has mentioned the delisting plan when it was listed.

Generally speaking, it is almost impossible for such unlucky words to hit investor confidence on such occasions.

And Li Dong just said it!

If it fails to meet expectations, it will be delisted. Today, 50 Hong Kong dollars will be issued, and 100 Hong Kong dollars will be delisted!

Does Li Dong have this strength?

In terms of cash flow, no.

But if Yuanfang doesn't want to lose its reputation, it will spend tens of billions of Hong Kong dollars more, and Li Dong can also borrow it.

In fact, the stock market has always been risky, which is normal.

Li Dong, on the other hand, always takes care of these risks by himself. In the eyes of everyone, Li Dong is either too confident or too crazy.

Is Li Dong crazy?

Maybe a little.

But all the foundations, all the bottom-line risks are based on the fact that he has experienced it once.

Even though some things have changed now, the general environment is still the same. Li Dong doesn't think that the final changes will be too big.

This is the biggest advantage of the reborn!

Without all this, would Li Dong dare to say these words?

He dare not!

No one dares!

As Li Dong's words fell, the investors in the audience were already ready to move.

This kind of bottom-line risk, although it did not fall into the file.

But Li Dong, as the richest man in the world, at this time, if he said these words during the road show, if he refuses to accept his account, investment institutions around the world will lose confidence in him. Want to go public.

Therefore, what Li Dong said at this time can be regarded as a credible guarantee.

Is it worth investing in almost zero-risk trading with a 100% rate of return in two years?

Any fool knows it must be worth it!

The only risk is that Yuanfang has to last for two years. After two years, if Yuanfang collapses as a whole, then everything today is empty talk.

What everyone is betting on now is not Teng Xun's risk, but whether Yuanfang can last for two years?

Such a huge business empire collapsed in two years, and almost no one present thought about it.

Compared with the stock market, this risk is worth taking.