Chapter 13 A summit where big bosses gather!
November NO.19, the World Internet Conference officially opened.

At 04:30 in the afternoon, Zheng Wentong participated in the summit forum on the first day. The participants had a lot of discussions around the theme of interconnection, sharing and co-governance. Zheng Wentong listened to the lecture obediently like a primary school student.

At [-] o'clock in the evening, Zheng Wentong, Xu Yi, Chen Rui and Yu Jianjun participated in the dinner party that day. The vegetables provided at the dinner party were all directly supplied by Wuzhen Green Vegetable Base, which were fresh and delicious.

At 20:09 on the morning of NO.30, Zheng Wentong participated in the Chinese and foreign entrepreneur summit dialogue, listened to the executives of foreign Internet companies and representatives of investment companies, and shared their understanding of the Internet industry and some investment experience. There are indeed a lot of dry goods , insights.

At two o'clock in the afternoon, Zheng Wentong participated in the sub-forum, "Internet and Finance: Promoting Financial Innovation and Economic Development."

At this time, Zheng Wentong also met many acquaintances and exchanged contact information with the bosses of many Internet finance companies, including Hou Hongbo, the boss of China Transcript Financial Information Service (Puhai) Co., Ltd.

Before rebirth, after Zheng Wentong resigned from Huafu Group, he joined Zhongyixin and completed the update and iteration of the outbound call system for this company.

The company originally hoped to become bigger and stronger. After all, their products were still very competitive. However, the boss made a mistake in his business strategy and was relatively conservative. In the end, he liquidated and quit the loan industry.

Zhongyanxin was established in January 2014. The company has been in operation for more than half a year and has opened more than 1 stores across the country. At present, the company has begun to make profits.

However, the company's major shareholder, Rongxin Industrial Fund, intends to transfer some of its shares, and Zheng Wentong wants to talk to Hou Hongbo about the loan industry.

In the future, he wants to set up a consumer finance company and use this as a springboard to enter the banking industry. These years are the last window for private banks.

On the afternoon of NO.20, the Chinese and foreign representatives of the Internet Conference have gone to Hangzhou, and the government officially put forward the slogan of mass innovation and mass entrepreneurship.

Bai Xiaolu asked Zheng Wentong if he had been to Hangzhou, and if she arrived in Hangzhou, as the host, she could treat Mr. Zheng to a meal.

Mr. Zheng is very sad. He is not qualified to meet Mr. Li, so he can only continue to work hard.However, I would still like to thank Bai Xiaolu for his kindness.

If she goes to Puhai to take a photo shoot in the future, she can contact him, and he will be the host.

That night, Zheng Wentong and Yang Jianbin returned to Puhai together, and did not attend the closing ceremony on the 21st.

At the closing ceremony, Director Lu Lu officially handed over the nameplate of the permanent site of the World Internet Conference to Wuzhen.

On the morning of the 21st, the long-lost Mr. Zheng returned to work at the company. Jiang Nan felt surprised, "Mr. Zheng, today is the closing ceremony of the conference, and it's Friday again. I thought you would go to work again next Monday."

Xu Ru teased Mr. Zheng, "The media has posted the Internet boss's dinner in Wuzhen. I searched carefully for a long time, but I couldn't find Mr. Zheng's handsome figure."

Ding Sanshi was the host of the first Wuzhen dinner, physics professor Zhang Chaoyang, Qiandu CEO Li Yanhong, Microsoft global vice president Shen Xiangyang and other 9 Internet leaders participated.

"Really? I don't know. Maybe Ding Sanshi forgot to call me. Forget it, we don't miss this meal." Zheng Wentong laughed at himself.

"When your husband is not at home, you call me to your house for dinner. I think it's more interesting than this social dinner."

Today Xu Ru was wearing a black and white dress, with a small 1-shaped opening on her chest, revealing a little skin color, giving people room for reverie.

Paired with pearl earrings, black high heels, and long black wavy hair, she has the maturity and charm of a young married woman.

Meng Qian, who has just entered the workplace, is a little confused, "Why do you want to go to eat when sister Xu Ru's husband is not at home?"

Ping, the unit of the securities investment department, smiled secretly, and explained solemnly, "This, Meng Qian, you will understand when you get married."

Zhang Yi, who saw the boss for the first time, understood now, and couldn't stop being happy.

Xu Ru ignored Zheng Wentong and rolled her beautiful eyes, "Get out! Go, Meng Qian, let me tell you that Dior's lipstick number is more suitable for your age group, don't pay attention to these middle-aged men."

Zhang Yi said that he was shot while lying down. He was obviously only 27 years old and still single, and he was still far away from a middle-aged man.

Zheng Wentong first chatted with Unit Ping from the securities investment department about the stock market situation.Unit Ping’s current A-share situation is very good. Brokerage stocks and brokerage concept stocks should continue to rise. He plans to mainly hold shares in Flush and Oriental Fortune.

Zheng Wentong agreed with Unit Ping's stock selection strategy, and told him to be bold. Now that he has opened a margin trading and securities lending account, he can use leverage appropriately. With 1000 million yuan of funds and double the leverage, he can buy 2000 million stocks.With Mr. Zheng's clear instructions, Unit Ping was relieved and boldly increased his holdings.

After chatting with Unit Ping, Zheng Wentong approached Yao Yutong again and talked to her about investing in Himalayas.

"Yu Jianjun's attitude this time is very good. When he returns to Puhai, we can finalize the investment next week and sign the contract early. You should also prepare to arrange payment."

"You need to find a financial assistant first, just graduate with a major in accounting."

"You take her first, and when she is familiar with the financial work of Haoji's apartment, let her assistant be in charge of this part of the work."

"In terms of salary and treatment, the internship period is tentatively set at [-], and it will be [-] for a month. You and Chen Lei can discuss it, and it's fine if the person is suitable."

"Mr. Zheng, except for Ji's Apartment, which can get the money back, all the projects of Slope Capital are at a loss. Do you want to control the speed of spending money a year ago?" Yao Yutong euphemistically raised his suggestion.

Zheng Wentong did some calculations, Jijia Apartment has already invested 400 million, invested 3500 million in Bilibili, invested 1000 million in stocks, and reserved at least 2400 million for Himalaya.

Calculated in this way, more than half of the [-] million yuan has been spent.

"Just wait until the Shizi Store of Jijia Apartment starts to operate. It is more difficult at this stage, and it will pass after a while."

According to Zheng Wentong's estimate, the annual investment to develop the universal WIFI software will be about 500 million. If we operate an Internet celebrity incubation base in Hangzhou, the annual investment will also be 500 million.

If you can become a shareholder of MiHoYo, you will need at least another 1000 million.At least a few million operating funds must be reserved in the company's accounts. After such calculations, Zheng Wentong feels that he is still short of money!
The online celebrity incubation base in Hangzhou can be released first, and the development of universal WIFI does not need a one-time investment. The current priority is to invest in Mihayou.

This is the case with the new company. Yao Yutong also admires Mr. Zheng's investment vision and courage. When he is optimistic about a project, he will invest money in it without hesitation.

"Yutong, when the company buys shares in Himalaya, do you think we can take these shares and get a loan from the bank?" Zheng Wentong is now thirsty for funds.

Yao Yutong was taken aback, "It's not impossible, but the original stock of this unlisted company is undervalued by banking institutions, and they can't lend much money."

Zheng Wentong thought so too, it would be better to hold the shares of Station B and Himalaya for a period of time, and then transfer the shares when the company's valuation is higher, which is more cost-effective than borrowing from a bank.

Moreover, if you use the original stock of the investment company as a pledge, the invested company will get the news quickly, and it is easy to create a gap with the management team of the investment company, but the gain outweighs the loss.

Zheng Wentong thought of an idea, "Yutong, you said that our company will set up a private equity fund, one direction will be used for equity investment, and the other direction will be used to invest in Ji's apartment. Do you think it will work?"

"The former is very common, because many investment companies will not use their own funds for venture capital, of course, except you, Mr. Zheng."

"Investing in Ji's apartment, how to invest?" Yao Yutong was a little confused.

"Think about it, there are actually some people who want to be landlords and collect rent steadily, but they don't have real estate."

"We can pool their funds together, then rent the house, renovate it, and then rent it out for them, and they can receive a stable rent every month."

"We don't charge rent, just like a real estate company, we help them manage their listings and charge corresponding property fees, so that more funds can be involved, and then we can include more rental listings and seize market share. "Zheng Wentong expressed his thoughts.

"In this way, there will be a fund sedimentation pool, and there will be suspicion of raising funds in disguise. I don't recommend this operation."

"If you want to use Jijia Apartment for financing, then it is more appropriate to transfer part of the shares."

"Of course, we can unite a group of second landlords to provide one-stop rental services."

"For example, contact the big landlord and help them sign the lease contract, and then the second landlord will entrust us with the renovation of Ji's apartment."

"After the house is renovated, they will entrust the house to our apartment for rent. After we receive the rent from the tenant, we will pay the second landlord. This is more feasible."

It has to be said that Yao Yutong's brain turned quickly, and he immediately proposed a feasible operation.

The difference between her plan and Zheng Wentong's plan is that Ji's apartment only acts as an intermediary service provider, and the second landlord rents the house by himself, renovates it, and then gives it to Ji's apartment for rent.

And Zheng Wentong's plan is to find second landlords who are interested in investing to raise funds, use their money to renovate the house, and then rent it out, and return the rental income to the second landlord.

There is no doubt that Yao Yutong's plan is not risky and highly operable.

"Take your time. We can contact some landlords first and ask them to add the rental properties to our Jijia apartment, which will be operated by our apartment and rented out."

After talking with Yao Yutong, Zheng Wentong asked him to call Zhang Yi over to talk about the establishment of the universal WIFI technical team.

Zheng Wentong has used the master key before, and the technical principle is probably clearer, so as a user, it is indeed feasible to deduce the technical bottleneck through functions.

Zheng Wentong is a first-class product manager. He put forward specific requirements for the technical research and development team led by Zhang Yi, and then Zhang Yi and the others solved them one by one.

The research and development of universal WIFI is not difficult. Zheng Wentong has seized a time advantage and has already started to apply for related patents and registered trademarks.

The application scenarios of this software are also relatively wide. There are 5 million users in China, and the company that finally developed this software also has a valuation of 70 billion.

After the software is officially launched on the Android market and APP Store, Zheng Wentong can split the software project and establish a separate subsidiary company called Interconnect Information Technology Co., Ltd.

Once a certain user scale is formed, Mr. Zheng can contact domestic and foreign venture capital institutions to raise funds for this company. Maybe this company will become the first listed company under Ramp Capital.

(End of this chapter)

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