I am a Big Player
Chapter 578 - 572, Set a Small Goal (Second Update)_1

Chapter 578: 572, Set a Small Goal (Second Update)_1

In the middle of the night, An Si was jolted awake by the ring of a phone. Glancing at the caller ID, he said irritably, "You’re the only one who would call at this hour. What’s up?"

"Help me find a civilian aircraft company in Chongqing. I’m going to skydive there again and I need the best pilot—one who can maintain an altitude between 3,700 and 3,800 meters and precisely control the plane’s position," Ren He explained.

"You’re jumping again?" An Si was surprised for a moment. "What do you need such a good pilot for?"

"I’m going to jump from an altitude of 3,800 meters right into the XiaoZhai Tiankeng in Chongqing! We’ll discuss the details when we set off. Has the parachute been maintained?" Ren He asked.

An Si forced a smile. "You really don’t fear for your life, do you? What if you don’t make it into the pit?"

"Don’t worry, trust me," Ren He said cheerfully.

Those three words again, An Si felt a bit exasperated. Every time Ren He said "trust me," An Si felt that Ren He was probably about to do something big.

Although he verbalized his concern about the danger, the fact was that the altitude this time was even lower than the last dive. And what if he didn’t make it into the Tiankeng? He’d have his parachute open anyway, so worst-case scenario, he’d land somewhere else.

But the words "trust me" gave An Si a bad feeling, especially since what Ren He hadn’t told him was that Ren He would be freefalling into the Tiankeng from 3,800 meters before he could open his parachute!

"I’ll get in touch with them. Have you informed Liu Erbao? Is there a need to film this time?" An Si asked.

"Yes, we must film it, and it has to be Liu Erbao and his team doing the shooting. But you don’t need to tell him—he doesn’t know yet, but he’ll be accompanying us," Ren He said happily: "This time I’m going to Chongqing to be a film producer. The director is Zhang Ming and Liu Erbao will be one of the actors, playing a character named Heipi. He’s got quite a lot of screen time."

Sheesh, An Si gasped. What? Liu Erbao? An actor now?

He really knows how to stir things up!

"You invested in a movie?" An Si was curious. He knew Ren He had deep contact with the entertainment industry, his wife being a queen of pop, but movies were different from music, right?

"Yeah, I wrote the script myself. Zhang Ming and I set up Qinghe Film and Television. This movie will be my first time investing in and shooting a film," Ren He explained: "Do you want to cameo? But just so we’re clear, it would be as an extra, just for fun. I’m counting on this film to make money for me."

"So, if I play a major role, you won’t make any money, is that it?" An Si’s face darkened on the spot: "I’ve had a cameo in a bicycle-themed movie in the US, okay?"

Talking about making money from films, with the current domestic box office, what money could be made? Shooting ten films might not even match one month’s earnings of Qinghe Group!

Last month, when he was eating at the Courtyard House, he casually asked what Qinghe Group’s monthly revenue was, and the figure Ren He gave him took An Si by surprise!

According to Ren He, Qinghe TQ Communications was now the main pillar of Qinghe Group’s earnings, accounting for 54% of the total, while the other parts were still in a rapid development phase, increasingly influential, but when talking about making a profit, nothing could compare with TQ.

Now, the monthly income of Qinghe Group was a stunning 5.3 billion!

What kind of company was this? Printing money?! Given that the operational costs of internet companies are much lower than those of traditional industries, such a handsome financial statement would make a huge splash if Qinghe Group eventually went public. There’s no doubt its market value would skyrocket!

Now... if Qinghe Group went public, its market value might even surpass that of Luohe Group!

After all, not even Mrs. Ren could imagine what a monthly revenue of 5.3 billion represented!

In fact, in Ren He’s past life, Tencent’s earnings were even more terrifying. But the times were somewhat different, which is why Ren He was willing to wait for the overall growth of Qinghe Group.

In Ren He’s previous life, just before he traveled through time, Tencent had just released its first-quarter financial report—earning 49.552 billion in three months. In other words, Wang Jianlin’s "little goal: first earn a billion" was achieved by Tencent in half a day...

It was also during this time that Tencent’s market value reached 300 billion US dollars, which is over a trillion in domestic currency—a true towering giant in the world of the internet.

So, when Qinghe’s faction started to branch out, Ren He immediately established Qinghe TQ Communications, pooling all resources to help it seize market share in the communications industry. Now, TQ had become the dominant communications software in the country.

Moreover, after more than a year, TQ was far more than just a communication app. It was gradually evolving towards what Tencent was in Ren He’s past life, with such diverse functions that industry insiders were amazed!

It is worth noting that of the 5.3 billion monthly earnings of Qinghe Group, 54% was generated by TQ. While many outsiders envied Qinghe Group’s achievements, and capital tycoons had begun to reach out to get a slice of the pie, the problem was that Ren He had higher ambitions for Qinghe’s prospects. Plus, Qinghe Group was never short of funds!

Until domestic heavyweights like Anbang Insurance stepped in, Ren He was not going to trade any shares with anyone else.

So, when Qinghe Film and Television was established, nobody objected. The entire think tank of Qinghe Group thought that the boss investing just over ten million in the project was being too conservative. We have the ability to arm wrestle with the big shots in the film industry! Who could compete with Qinghe Group’s cash flow?

For the think tank, their current biggest worry was the devaluation of Qinghe’s funds due to rapidly rising prices, as money sitting in accounts was bound to meet a bad end.

Later, under Ren He’s instruction, Qinghe Group began to purchase land extensively. In the first three quarters alone of 2007, Qinghe Group became the bid king four times. These purchases were moderate enough not to step on anyone’s toes but still enhanced Qinghe’s chips.

The rest of the money was managed by Qinghe’s investment and acquisition department. The team comprised just over fifty people, and all projects reported directly to Xu Nuo and Ren He.

This was something Ren He learned from Tencent. Tencent’s investment and acquisition team had only about 20 people, and this department has long been regarded as the most mysterious within Tencent.

Tencent’s investment and acquisition department has existed for some time, part of Tencent’s corporate development division, reporting directly to the President, Liu Chiping. Investment directions are mainly divided according to sectors, including e-commerce, gaming, O2O, hardware, technology, media, etc.

Their recruitment advertisement notably stated, "Our investment team is recruited from Google, Microsoft, Bertelsmann Investment, Matrix Partners, Morgan Stanley, and all have backgrounds from Peking University, Tsinghua, or prestigious overseas universities."

...

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