I am a Big Player -
Chapter 410 - 405, I want to tell you something ( - 4)_1
Chapter 410: 405, I want to tell you something (Chapter 4)_1
Can the physical industry and the internet really integrate? Of course, they can. Ren He had lived through that magnificent era, so he knew too well about the organic integration of the physical and the online realms.
Even strictly speaking, the birth of Taobao itself was a revolution for the manufacturing and retail industries, and so was Meituan, and so was tourism. Without the physical aspect, they wouldn’t be able to operate.
Now, Ren He wondered, if Qinghe were to collaborate with the type of commercial real estate owned by Mrs. Ren, could there be some kind of chemical reaction?
The answer was yes.
Not to mention the significant impact Qinghe Pay would have after being forcibly integrated into the payment model of 67 shopping centers.
To speak of just one example, the top three nationally ranked movie theater chains Mrs. Ren had could facilitate the creation of a movie-ticketing app.
At this point, Ren He very much wanted to reveal his identity to Mrs. Ren to facilitate such a partnership, but in reality, he still had many concerns: Could Mrs. Ren and Ren accept that their son was such a prodigy?
How did they view the fact that he had started a business before completing his studies?
The market value of Qinghe was not low, but in fact, it was less than one-thirtieth of Mrs. Ren’s. Ren He checked, and Mrs. Ren’s commercial real estate was also ranked third nationally. As of today in 2006, the market value of Luohe Group that Mrs. Ren commanded was 91.2 billion...
Ren He was shocked when he saw this number; he wasn’t quite sure if Mrs. Ren would even be interested in the amount of money he currently had.
The future of Qinghe looked very broad, and in Ren He’s estimation, it could even exceed the value of the present Luohe Group—by far. But the problem was, the future was just the future...
Although his pocket money was limited, Mrs. Ren always said she wanted to earn more money for Ren He as if the money she earned would ultimately all go to him one day.
At this moment, what Ren He was contemplating more was the white hair on Mrs. Ren’s head.
To tell or not to tell? In fact, Su Ruqin and Yang En already knew Ren He’s identity, but his own biological parents did not; wouldn’t that be a bit unfair?
The very people who are the kindest and closest to him are kept in the dark.
Furthermore, there’s an important issue at hand. What he worried about the most with regard to Mrs. Ren finding out wasn’t the entrepreneurship but his participation in extreme sports.
If his entrepreneurship was discovered, so be it; but extreme sports were not permissible.
However, the media saw no connection between the leader of Qinghe Group and the extreme sports Knight!
That is to say, even if Ren He were to reveal his entrepreneurial identity, his identity as the Knight would still remain unknown.
This was the benefit of having done a solid job in keeping secrets previously; his identities in the media’s eyes were disparate—small professor, Knight, Qinghe Group’s actual helmsman, founder of the murder-mystery game, and the author of literary works like Kunlun, Harry Potter, The Kite Runner, and the ’Divine Book,’ among others.
All of these were separate, and even the few who knew part of his identity did not see the whole picture.
Currently, Ren and Mrs. Ren were next to him discussing Qinghe Group. As Luo City’s ruler, Ren cared greatly about the rise of Qinghe Group; in fact, visiting Qinghe Group was not just a one-time event.
How could a small place like Luo City spawn such a large internet company without being known by its major figureheads?
And so far, Qinghe had been very proactive in paying taxes, becoming a significant taxpayer...
In all honesty, Ren couldn’t understand how such a company could emerge within his jurisdiction. Such companies should be in cities like Beijing, Shanghai, and Guangzhou, shouldn’t they?
During his visits, he could sense a certain elitist culture among the employees at Qinghe Group. Indeed, the word ’elite’ struck him distinctly. Those employees were extremely capable: hard-working, intelligent, and ambitious.
In a small city like Luo City, such individuals would stand out in any company, yet there was a group of them at Qinghe Group!
Within the boundaries of Luo City, Qinghe shone like a sparkling new star, and whenever it was mentioned, people would exclaim with astonishment, "Do you know, that Qinghe, the one behind Kunlun and Dota, actually comes from our Luo Yang!"
Using the word ’actually’ was nothing more than to express their surprise.
At this time, Qinghe was certainly not the largest in terms of asset valuation, nor the highest in headcount or profitability, but as an internet pioneer, it was meant to dazzle in this era.
It was like choosing the distinct number from the options of 1, 2, 3, and 4 in a primary school multiple-choice question; the last number was so conspicuous...
The discussions about Qinghe by both Ren and Mrs. Ren were not meaningless. In the business and political arenas, a keen sensitivity towards economics is a fundamental necessary quality.
Successful cases should be learned from; failures should serve as lessons to gain experience. Only through this can one climb higher to appreciate better views.
For Ren, he considered whether Luo City could leverage Qinghe to transform the high-tech park, developing internet modules within the area to boost the economy.
As for Mrs. Ren, she also needed to stay informed about the development of the internet.
The times are changing so fast, only a diligent person can keep up with the pace of the era, those who fall behind will inevitably be eliminated.
Some people always say that the wave of the 90s was the best, because there were so many opportunities.
However, Ren He feels that the present time is no worse than the 90s.
Because at this moment, the Internet is like a piece of fertile land that no one has yet tilled, a brand new world.
If a person arrives in a new world that only he inhabits, he can give any unnamed ore a new name at will, and the subsequent recognition of this ore will be based on that first person’s understanding. In most cases, there won’t be any change.
Now, Ren He is in such a situation, he’s tilling this exceptionally fertile land in a brand new world, and what he plants now, he will harvest in the future, unless he idles away his time to the point of letting what he planted die.
But that situation is unlikely to happen, for he knows how to nurture it.
Mrs. Ren asked Ren, "Have you had any dealings with the helmsman of Qinghe Group?"
Ren pondered for a long while, "That Xu Nuo... doesn’t seem to be as magical as they say, and I don’t know if it’s my illusion or if he’s hiding it well, but I always feel... hmm, his capabilities don’t seem sufficient to develop Qinghe Group into such a colossal entity."
Ren He, listening by the side, chuckled. Xu Nuo was despised by his old man...
In actuality, the outside world’s evaluation of Xu Nuo was similar. They felt that Qinghe’s development seemed to encompass a great deal of wisdom, carefully calculated at every step.
On the other hand, they thought that this kind of wisdom didn’t seem like something Xu Nuo would possess. Xu Nuo appeared to be more of a tech otaku, and so, to this day, people describe Xu Nuo as: ’deceptively simple and clumsy...’
Ren He found that Mrs. Ren was very interested in the current strategic expansion of the Qinghe Faction, which surprised him a bit.
Why was he bold enough to share his ideas at the all-employees annual meeting? Wasn’t he afraid of being copied? Keep in mind that Qinghe Group was not yet capable of contending with the large financial consortia, even if Qinghe Games developed to the point of meeting his future predicted monthly profit target of 270 million US dollars, it would still only be mid- to lower-tier in the capital world.
The world is too extensive, and you’d never know how many capital predators are swimming in it.
The reason he dared to speak at the annual meeting was because he was confident that the capital market had no interest in him at the moment, and everyone would just continue to wait and see.
From Ren He’s perspective, grounded in knowledge from a previous era, of course he knew the prospects of Qinghe Pay, Qinghe Search, Qinghe TQ Communications, and Qinghe Mall, but these were the barriers of the age.
In fact, in the past life, the big shots encountered obstacles everywhere when raising funds and even continued to decrease their holdings during their development process.
They themselves were decreasing their shares! A certain mogul once tried to sell off his industry for one million but couldn’t manage to do so...
The capital market is far from simple.
But it was precisely these composite factors that bought Qinghe Group the most time. The capital predators failed to understand one thing; in the world of the internet, as long as you don’t kill yourself off, the user base you’ve secured is your real capital, and no one can snatch it from you.
Because people are too lazy, too lazy to switch to another platform, and the thought of having to register a new account is off-putting...
So under such circumstances, while the capital predators still harbored ambiguous attitudes toward Qinghe Group, Mrs. Ren, with a keen sense, sensed that Qinghe’s layout seemed really interesting.
Mrs. Ren, frowning, said, "Theoretically, these steps seem a bit too ambitious, but I had people calculate the operating costs of these 18 companies, and compared to Qinghe’s current earning capacity, they are actually pitifully low! The internet is just like this, their costs are so much lower than those of the physical industries!"
Ren chuckled, "I heard that when Qinghe Games started, its registered capital was 10 million RMB, a Qinghe executive told me this during an introduction tour. But just look at it now, as of the end of last year, its monthly net profit was nearly reaching 200 million RMB, with the overseas market’s proportion gradually rising."
"Then what do you think about its future development prospects," Mrs. Ren discussed calmly with Ren, "Do you think it’s possible for me to ride the wave and give it a try in the internet industry?"
Ren thought for a moment and said, "Qinghe Group doesn’t accept investments right now. The city gave it a good deal of attention, even inquired about it specially, but they refused both the support funds and help with investment promotions from the city; they just want to do their own thing, and they seem pretty happy with it..."
"You help me put some pressure on them..." Mrs. Ren whispered.
Ren immediately disagreed, "Don’t pull that in my jurisdiction."
When Ren He heard what Mrs. Ren said, he was bewildered. His mother might make her mark in the business world, but not all her methods seem honest. Ren, on the other hand, was rather upright, preferring to protect his own reputation for fear of attracting bad publicity.
But what did it mean for his own industry to catch the eye of his mother...
Ren He was about to speak but hesitated, and Mrs. Ren’s words actually helped him make up his mind... He cleared his throat and said, "Um... Dad, Mom, I’ve got something to tell you."
...
Adding more Chapters for the ’First Time Genuine Reading’ Alliance Leader, this is a... long Chapter...
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