Chapter 341 Spring Chapter

Chapter 341 Spring Chapter

Chapter 341 Spring Festival (6k)

On January 1, Yu Xing and Liu Wanying drove home to celebrate the New Year.

This year they had more time to go home than last year, so they first went to Jinling to wish their mentor a happy new year, and then returned to Haiyan.

The New Year atmosphere in his hometown was already very strong. Before Yu Xing came back, he learned from the phone that many relatives had arrived. Since there was no room for them at home, he had to set the table at the restaurant and wait for the two to return.

Therefore, Yu Xing had a small prediction about the whole family's meals.

——The dining atmosphere may be a bit business-like.

It turns out that the scene was more business-like than expected.

Also, as the boss of Red Falcon Capital, Liu Wanying has received more respect than ever before.

During the meal, she took some time to tell Boss Yu about her feelings with a smile: "Boss Yu, did you see that? This is the attitude to face the financial sponsor. I feel so sorry for Boss Xu and the others."

Yu Xing just smiled.

But he also felt... it seemed as if everyone talked more to Xiaoying than he did.

In the evening, he was chatting with the old couple at home about lunch and mentioned this illusion.

"It's not an illusion, it's just like that." Yu Guosheng replied casually, "Everyone just heard that you are pretty cool."

Yu Xing: “…”

Yu Guosheng continued, "It's Chinese New Year, and we are all relatives. If anyone is embarrassed by you in front of them, they won't be able to celebrate this Chinese New Year. My goodness, if you lie on the table and cry in front of me, who can bear it!"

Liu Wanying saw that her boyfriend's face seemed to turn a little red, and she covered her mouth with her hands to hold back her laughter.

"Okay, that's called business competition." Chu Qiying defended her son and explained for her future daughter-in-law, "Wanying looks friendly, and everyone will definitely want to talk to her more."

Yu Xing sighed: "Mom, you mean I don't look friendly."

Chu Qiying looked at his son carefully and suddenly changed his attitude: "I don't know if doing too many bad things will change your face. I saw people online saying you were sharp-tongued before, but now I see in person, why is your face also sharp-tongued?"

Yu Xing spread his hands helplessly: "Mom... I may have become thinner due to fatigue, and my chin has become more pointed."

Yu Guosheng noticed the change in his son's expression and said quickly, "Teacher Chu, please stop talking. Your son is about to cry. He is crying on the table again!"

Liu Wanying couldn't help but burst into laughter.

Yu Xing raised his hands in surrender. The world is treacherous. He could cry for his horse, and today he can also accept the vicious squeeze from his family.

Chu Qiying let his son go, but still formally thanked the Red Falcon boss on behalf of his relatives: "Wanying, I have to thank you for your help to their 'Fresh Fruit Garden'. No matter what, I see that everyone is very happy during the Chinese New Year this year."

Liu Wanying smiled slightly and did not take credit for it: "Yu Xing is still the one pushing this. In itself, it can be seen as his money being invested. My job is to get some people's money to invest. Yu Xing just doesn't want to use his personal name."

Chu Qiying looked at his son in surprise: "Xingxing, is that so?"

"Yes and no." Yu Xing shrugged. "Anyway, it's like this. The whole family can have a bowl of rice to eat. As for whether they can make a fortune, it depends on luck."

Chu Qiying nodded: "Well, I think it's pretty good now. Everyone has something to do, makes money, and is pretty happy."

Yu Guosheng said with a smile: "Don't block everyone's chance to make a fortune, or else Wanying will stop investing."

Liu Wanying went along with it and refused to take the responsibility: "It's Boss Yu Xing's money, whether to invest or not is up to him."

Yu Xing didn't have much to say, just four simple words: "Let's talk business."

Those four words made his face seem even sharper.

But there is nothing to blame.

Yu Guosheng no longer talked about this topic. He was more interested in the leader his son mentioned who visited Lingang a few years ago. He asked about the details and even looked at the leader's contact information on his mobile phone.

"Dad, as for the question, I don't think you are usually a power-hungry person." Yu Xing was surprised to see his old father clicking his tongue.

Yu Guosheng looked calm: "You don't understand."

Then, he smiled and said, "I remember that you once talked to me about the value of united front work. His resume is very special. If you have overseas careers in the future, you may want to refer to it."

Yu Xing changed his mind, glanced at Xiaoying, and shook his head, saying, "Let's not talk about this. My mind has been so busy this year that I'll just have a good New Year."

Yu Guosheng had no objection and handed the phone back to his son.

However, before going to bed, Yu Xing talked to Xiaoying on the phone about certain possibilities. He did not want to get involved in this aspect, but Xiaoying might not be unable to have a more beautiful Zhigong identity. If Guoshanfeng Funds turns from secret to open investment and asset management overseas, she can also be a "representative person with overseas connections."

The next day, Liu Wanying returned to Jinling to celebrate the New Year. One of her important jobs after the New Year was to help think about and contact small and medium-sized e-commerce companies in the current market.

In addition to the investment perspective that allows him to watch from the sidelines, Yu Xing also has a friend who is already involved in the industry - Bi Sheng of LeTao.com - to consider traffic monetization.

LeTao.com has developed very well, and it has obtained support and traffic from Penguin. It has now surpassed Vipshop in terms of revenue and is competing fiercely for the market space in this niche market.

Yu Xing was not in a hurry to communicate with him and planned to stay at home for a few days.

However, after selling WeChat last year, he received a warm reception from the local team. Naturally, this year he received even more hospitality. Two days before the New Year, not only did Zhejiang Industrial Investment, which invested in Carbon Silicon Data, come to visit, but also the provincial investment promotion leaders came to visit.

Carbon Silicon Group plans to develop new energy vehicles and has already landed in Lingang. This project, which was started by a founder who is not a professional, received little optimism when it was first disclosed. However, although Zhejiang Industrial Investment did not invest in it, it has had close contact with it and has been paying attention to the progress in Lingang.

So... whether it is the participation of executives from well-known car companies such as Bangor and Thomas, or the cooperation of companies such as Carbon Silicon Group's air suspension and millimeter-wave radar, or the planning of the three core electric systems of electric vehicles, etc., it cannot be said that success will be certain, but the operation is indeed becoming more and more formal.

Lingang is very close to Zhejiang Province and is located on the north side of Hangzhou Bay. This geographical location, coupled with the identity of its founder, really makes people think a lot.

Although Silicon Carbon Group has signed a contract with Lingang, the relevant supply chain link is still a piece of fat meat, and the risk is even lower than that of a simple tram project.

Yu Xing had no objection to the enthusiasm from the province. Lingang alone could not meet all the parts needs, and Zhejiang Province had more than 150 automobile suppliers. It would naturally be a good thing if multi-faceted cooperation could be achieved.

On New Year's Eve, accompanied by the sound of the Spring Festival Gala, Yu Xing received blessings from all directions and also passed on blessings to all directions.

Yu Guosheng had been watching the enthusiasm of the province to attract investment these days and had been thinking about this matter. Seeing that his son seemed a bit bored, he asked a question: "Xingxing, your project is under the leadership of both the higher-ups and the provincial leaders. What if you can't do it well? I see that you want to make a family car, right? Then why don't Geely and BYD do this?"

"If they can't do it well, they can just do it slowly. What else can we do?" Yu Xing replied, "They are working on their own direction. The automobile market is so big, and each company is looking for what they can do well. Carbon silicon is a relatively new option. If they succeed, they will follow suit, but we will get the biggest piece of the pie."

Yu Guosheng considered, "You're wading in the water right after you get here. Isn't that risky?"

"How should I put it? Risks and benefits are linked. The positioning of this car model..." Yu Xing thought for a moment and brought out his earliest entrepreneurial project. "I previously worked on Guiai.com. The idea was vertical segmentation, right? College students and young people, they wanted to try something new. But if it were a sophisticated middle-aged person, he would just sneer and think it was crazy. However, if he were really young again, he might be willing to try what he calls stupid things. People can't even empathize with their younger selves."

"We make family cars, which is a relatively risky vertical segment. To do this kind of product well, we have to accurately target the user group. It's not just about accuracy, but accuracy again and again."

“What are these groups like?”

"First of all, they generally don't pursue aggressive driving, right? No one would accelerate or brake suddenly with their family. Secondly, they still consider the riding comfort of their family, such as quietness. Some cars worth hundreds of thousands of yuan don't even have laminated glass, and that's the problem."

"There is also air suspension. I have tried driving a lot of cars recently. The air suspension of Mercedes-Benz is just so-so when driving, but the shock absorption effect is well tuned. This is also related to its positioning, which is in common with our pursuit."

"People with different pursuits in cars will have different experiences and evaluations, and we will strengthen these attributes for the users we want."

"If we can do this, we will be close to success."

Yu Xing talked freely and discussed the situation of vertical segmentation.

When Yu Guosheng heard his son compare such a huge project as the automobile with his earliest efforts, he found it strange, but also felt that there seemed to be some similarities.

He finally asked a question: "So when can I drive the car you built?"

Yu Xing thought about the plan and smiled, "As for mass production, it should be no problem within five years. If you are willing to test drive it, it may be ready next year or the year after. The prototype car will be ready very quickly, but there are too many problems with how to adjust and optimize it."

Yu Guosheng looked at his son enviously as he naturally took out a cigarette, thinking that maybe it would actually work.

"Okay, let's watch the skit." Chu Qiying grabbed a handful of melon seeds. "If you ask me, if you start a family first, you can be considered a suitable user of your own car."

Yu Xing saw that his mother seemed to be looking at the TV but was glancing at him out of the corner of her eyes, and couldn't help laughing: "We haven't discussed this seriously, but..."

Yu Guosheng added accurately: "Is there any need for any property demarcation? I've seen this on TV."

Yu Xing commented: "Dad, your words are leaning towards business again, let's watch a skit."

He casually threw a cigarette to his old father.

Yu Guosheng took it quickly and put it in his pocket naturally.

Chu Qiying saw it out of the corner of his eye and pretended not to see it.

Yu Xing can't avoid socializing when he returns home for the Spring Festival, but he has gradually become accustomed to this situation and strives to finish various interactions in the shortest time possible.

On the evening of the first day of the New Year, he suddenly thought of Liu Jiankai who was far away in the United States, and made a long-distance call to wish him a happy New Year.

It was the first time for Liu Jiankai to celebrate Chinese New Year overseas, but he was paying for his past cognition and impulse. Besides complaining, he was more concerned about how to do his job well. During this trip abroad to communicate with Fisker, there was no progress on the validity of the patents. However, he met with some engineers on behalf of Silicon Carbon Group and made some encouraging progress.

Fisker is in a bad situation. It is said that the founder is already looking for someone to take over, but Tesla is about to deliver the Model S this year, and this development of one rising while the other falls will definitely have a huge impact.

Liu Jiankai even met with Fisker's senior management and heard their inquiries to the Chinese investors, asking whether Silicon Carbon Group could make a complete acquisition.

The fact that the topic of acquisition was brought up after only initial contact shows how bad the company's situation is.

Yu Xing listened to Liu's report and felt his dedication to his work. He said generously, "Mr. Liu, you have worked hard. I will give you 10 bitcoins as a New Year's gift."

"Mr. Yu, you send..." Liu Jiankai couldn't help but say half a sentence, and smiled helplessly, "Mr. Yu, don't make fun of me. If there is really a red envelope, it's better to use US dollars."

Yu Xing could only respect Liu's opinion: "Okay, just ignore what I said, and this trip will be counted as an overseas subsidy."

Liu Jiankai didn't hear the specific number, but he knew that Mr. Yu was not a stingy person, so he sincerely thanked the boss for giving him money.

Yu Xing then reviewed the list of engineers from Fisker who were interested in moving to China, focusing on talents in the electric drive system R&D team, and was willing to make further investments in this area.

The Spring Festival holiday passed by in a flash during a less busy time. It felt like the holiday had just started, but as soon as you opened your eyes, you were faced with the end of the holiday.

Before bidding farewell to the old couple, Yu Xing called the Bi Sheng brothers of LeTao, hoping to meet with them to talk about the development and situation of small and medium-sized e-commerce companies in China.

Unexpectedly, the other party happened to be in Shanghai, so we decided to meet the next day.

Liu Wanying will stay in Jinling for a while longer, and Red Falcon Capital's working hours are also relatively late.

Yu Xing took the key and went directly to Hongshun's financial center office, where he met Bi Sheng, whom he hadn't seen for a while.

Compared to the last time we met, Bi Sheng gave people a feeling... perhaps it could be described as calm.

Yu Xing used to think that Bi Sheng, who came from Baidu, was a little impatient, but now he seems to be behaving like a down-to-earth e-commerce person.

In 2011, LeTao.com achieved a good result of 12.3 billion Chinese yuan in revenue, which can be said to be a small improvement. Its competitor Vipshop achieved about 11 billion, but both companies are still in a loss-making state.

"I am confident that LeTao will turn losses into profits in the future." Bi Sheng talked about his own situation and smiled, "We have cooperated with more than 4000 brands this year. It should be said that the stability of this special sale model has been initially established. We, merchants and users all get what they need."

Yu Xing praised: "That's great, Mr. Bi, you and LeTao are really great. I thought you would have to change your selling in two years."

Bi Sheng recalled the many times he switched tracks at LeTao.com and felt a little embarrassed: "Well... LeTao was a bit outrageous in the past."

"Oh, yes, there is something I want to hear your opinion on." Yu Xing brought up the business, "As for Hongshun, at the end of last year, we were watching the development of small and medium-sized e-commerce in China, especially Mogujie and Meilishuo. What do you think of this area?"

"What do I feel?" Bi Sheng pointed at himself and said with a smile, "What do I need to feel in front of Mr. Yu, who is as good as a god in operation?"

Yu Xing said: "Seriously, I just want to hear your thoughts."

Bi Sheng took two sips of tea and pondered: "I think... they won't have an easy time in the future. They all rely on Taobao to survive. If Taobao lets them live, they live. If Taobao lets them die, they die. Besides, Taobao may not want them to become too big."

"If Taobao doesn't provide more traffic and reduces commissions, they will have no choice but to transform themselves, but the competition in the vertical e-commerce sector is also very fierce."

Yu Xing discussed: "Penguin is now in great competition with Alibaba. What if they also get Penguin's traffic?"

Bi Sheng’s LeTao is supported by Penguin traffic.

"This..." Bi Sheng pondered, "It's hard to say, but Penguin has found many e-commerce companies to cooperate with, and the traffic is divided. According to our feeling, the revenue increase brought by Penguin to Letao may be around 30%."

At this point, he looked at Yu Xing and said with a smile: "What we want most now is mobile traffic. Penguin only gives us PC traffic. It doesn't dare to put an interface on WeChat. Moreover, it has the problem of selection when putting an interface. If it were me, I would definitely give it to JD.com. It's impossible to give it to all partners. The same is true for QQ. There are limited spaces."

"This is all thanks to you, Mr. Yu. If Penguin can successfully take over mobile communications, it will definitely be much easier to develop e-commerce. Well, it may not need to develop more e-commerce. It has WeChat and QQ, so it can make money no matter what it does."

Yu Xing nodded slightly: "So, this is a profound change in competition. I have the same opinion as you. This group of e-commerce shopping guides will not have much development. I just don't know if there is a future after transformation and integration. My company Carbon Silicon Data mainly deals with mobile traffic."

Bi Sheng sensitively perceived certain possibilities. LeTao.com paid great attention to the development of mobile terminals and personally experienced the rapid changes of mobile Internet.

He suddenly laughed and said, "Mogujie and Meilishuo are quite special. Well, if they want to transform, we at LeTao have a lot of merchant resources. Moreover, the development of this area will at least double in size in the next two years."

"You have resources for special sales." Yu Xing said.

"We will stick to the special sale model without wavering." Bi Sheng said seriously, "But our resources can also be used for empowerment. Big ones can be empowered in big ways, and small ones can be empowered in small ways. Taobao is Taobao, and LeTao is also Taobao."

Yu Xing thought about the possibility of cooperation there.

Bi Sheng suddenly asked again: "Carbon Silicon Data Company has been developing very well recently, right?"

Yu Xing smiled and said, “We just got investment from Alibaba.”

Bi Sheng was stunned for a moment, and thought for a moment that he had guessed wrong, but when he saw Brother Yu's half-smile on his face, he felt that he was planning something bad.

He thought seriously for a while and said, "I still think vertical e-commerce will face great pressure, but there will definitely be a buffer period. Moreover, Alibaba is fighting desperately with Penguin now. If you help with the Spring Festival offensive, I'm afraid Penguin will be even more anxious. In the past, only part of its traffic went to e-commerce, but in the future, it may be on a larger scale. The water in the e-commerce sector may be muddy."

"I feel like the past two years are somewhat different from the previous two years, and I don't know what will happen in the future. But anyway, if you have any ideas for trying e-commerce, and if Letao can provide any help, just let me know."

Yu Xing asked cheerfully: "Penguin is also your shareholder now, what should we do with Penguin?"

Bi Sheng said nonchalantly: "Who cares? It doesn't have enough shares."

Yu Xing smiled and said, “I will attend an Internet conference in a while, and I will talk to Pony Ma in person then.”

"I'm joining in too." Bi Sheng counterattacked, "I have to find Ma Dian and tell him that you have rebellious intentions!"

Yu Xing smiled and said that this year's Internet conference was held in Shanghai, and the theme was still inseparable from the increasingly popular mobile Internet. Carbon Silicon Data Company, which operated multiple mobile apps, was also among the guests.

The three giants of BAT are all participating, as are traditional portals such as Sohu, NetEase, and Sina, and the likes of Red will appear as usual.

Generally speaking, the scene should be quite lively.

The status of the three giants has changed this year. Penguin was originally the undisputed number one, which can be reflected in its market value alone. However, after Alibaba acquired WeChat and shook up Penguin, its market value has fallen behind Baidu.

Baidu's market value at the end of January was about $1 billion.

Of course, ten years later...

Yu Xing vaguely remembers that Baidu was still worth about 300 billion US dollars many years later. It was quite outrageous to get up early and arrive late. However, if it happened once or twice, it could be considered an accident. Continuing to be outrageous proves that it has fundamental problems.

As of February, different R&D teams of Carbon Silicon Group have been gradually established, and this year will be a year of pushing forward progress in all directions.

It is worth mentioning that on February 2, Penguin’s WeChat launched the Fuka and Tangyuan activities, and WeChat’s Fuka activity itself was a continuation, and the creative idea about Tangyuan was also brought over.

People have become accustomed to the two companies' Murong Fu behavior, but are curious about the situation of WeChat's offensive during this New Year.

Yu Xing was equally curious and asked Ma Dian on WeChat.

Ma Dian did not give a direct answer, only two words: "Explosion."

Explosive effect!

On Saturday, February 2, the post-New Year Internet Conference was held in Shen.

Before the meeting even started, there were rumors that Alibaba would talk about the innovation and effectiveness of this WeChat promotion at the meeting, which seemed to symbolize Alibaba's reversal of its position in the mobile communications competition with Penguin.

At nine o'clock on Saturday morning, Yu Xing and his team arrived at the venue of the Internet conference.

He saw Ma Dian and Pony talking from a distance and immediately went over happily.

Yu Xing came up without any greetings or greetings, just one sentence: "Oh, it's been a year, and you're still fighting."

Ma Dian laughed heartily: "Who gave this to you?"

Pony Ma's face slightly changed, and he couldn't help but ask: "Boss Yu, I must have offended you somewhere, right?"

Yu Xing waved his hands: "No, no, I used to admire you when I was rushing QB, but I don't know what happened and we ended up in this situation. I really don't know who caused it."

Pony Ma swallowed and looked straight at Yu Xing.

Yu Xing took a step back and stood behind Ma Dian. Suddenly, he saw the boss of Mogujie, whom he had chatted with several times, and said, "Boss Ma, you guys chat. I'll go find some friends. The situation of the army is ever-changing, and the shape of water is ever-changing. We are not in a hurry."

Pony Ma was very anxious. He was eager to know the current user scale of WeChat and the status of Penguin in the field of mobile communications.

Soon, he got what he wanted and heard the total number of WeChat users from Ma Dian who was giving a speech on the stage.

Break through 1 billion!
This number immediately caused an uproar in the audience and made Pony's heart sink.

Half of the people looked at Pony Ma in the front row, and a small number of people looked for Yu Xing, who was good at operations.

Yu Xing was sitting in the back row, with Mogujie on his left and Meilishuo on his right. Feeling the attention of many people, he waved in a friendly manner, sharing with Alibaba the glory of the east wind prevailing over the west wind.

(End of this chapter)