Chapter 675 The Excellent Woman Behind the Successful Man
People poured into the venue in groups of two or three, and there were also discussions. Of course, what they were talking about was the grudge between the principal and Jack Ma, as well as their past.

I couldn’t help but be surprised after listening to it.

There are a lot of people here, including many business owners and CEOs of state-owned enterprises, so there are some people I haven’t heard of before.

After all, if you don’t pay attention, you don’t pay attention, and if you pay attention, you pay special attention.

Fang Hong and Liu Tianxian were also discussing in a low voice, not about this matter, but about what happened just now with Weilai.

Liu Tianxian asked: “Hey, why did you invest in that Weilai?”

“It’s a hot spot, so sell it when it goes public.” Fang Hong said.

NIO went public in mid-18, but three years later, in 21, its market value reached more than billion US dollars, nearly billion US dollars, or nearly billion.

So there is no loss, just sell it at the peak.

How could capital allow itself to lose money? It reached its highest point that year and then plummeted.

Fang Hong just needs to follow the venture capital and he won’t lose money. It’s just that the time span is very long, almost five years.

In fact, Li Bin sought investment from the principal because the principal had just invested 10 billion yuan in the film and television industry, which was a huge investment and made him very excited.

I looked for him because I thought the principal was rich.

While the two were chatting, a man wearing glasses and a well-fitting suit walked through the crowd and approached them.

“Hello, President. I am Wu Xiaobo.” The other party introduced himself directly.

“Hello.” Fang Hong nodded.

Simply put, someone who has heard of each other’s deeds and can discuss philosophy with well-known people is a famous scholar.

He is also the initiator of this “Economic Figures” event.

“Sorry to take up a moment of your time. Let’s talk aside.” Wu Xiaobo gestured to the side with his hand, appearing very polite and courteous.

The three of them carried the person to a small rest room.

“It’s like this. After the award ceremony, there will be a dialogue. We want you to have a debate with Jack Ma and Cao Teller to create some hype,” said Wu Xiaobo.

That is to say, they just want to argue with each other and create some program effects. This is a new program, so it is normal to want to attract some attention.

“You are putting it too hard on me. They are all big guys who have experienced ups and downs and are eloquent. How can I argue with them?” Fang Hong said.

“Of course, we have looked through your records and found that you do have your own unique insights.” Wu Xiaobo said it very nicely.

Just be offensive and have unique insights.

They are all bragging. Don’t listen to what those successful people say. In fact, ordinary people understand the truth, it’s just a difference in cognition.

Fang Hong glanced at Liu Tianxian. Liu Tianxian didn’t say anything and just glanced at him.

This kind of thing happens all the time, where the script is performed on stage.

“As for this matter, I’m afraid that the confrontation will be too serious, and we will all be embarrassed. You probably know about the grudge between me and Jack Ma. It will affect the high-end image of your program, which is not good. People will also feel that this program is just a makeshift team.” Fang Hong also said this in advance.

If they can’t win the argument at that time, they will inevitably engage in sarcastic remarks against each other.

“It’s not that serious, it’s just to attract attention. We will have a host to control the pace.” Wu Xiaobo didn’t care.

The audience should feel that you big guys are no different from ordinary people.

“As long as you can convince the others, I have no objection.” Fang Hong didn’t care.

Anyway, I’ve already said it in advance. When the time comes and he really gets angry, he can speak eloquently and it will have nothing to do with him.

“I have already communicated with them, there is no problem. Principal and the immortal, please come in.” Wu Xiaobo politely signaled that they could enter the venue.

People were coming and going in the venue, and all the seats were already filled with people. Many of them had red silk hanging around their necks. They were people of a certain status.

In front of us was a shining stage with a dance troupe performing on it, which was quite enjoyable to watch.

There are naturally rows of seats below the stage. The seats are those single white sofas that are soft and comfortable to sit on.

Fang Hong and Liu Tianxian were arranged to sit in the third row, where their names were written, so they didn’t have to worry about having their seats taken away by others.

Those in front are government officials or CEOs of state-owned enterprises, as well as CEOs of the level of BAT.

Fang Hong helped Liu Tianxian to sit down, and then he sat down too. Next to him was still Zhou Shouzi, and over there was Lei Bushi.

“Principal, it seems that Jack Ma completely hates you!” Zhou Shouzi smiled. He also saw the flash of lightning between the two of them just now.

“You beat up all his brothers, it would be strange if he didn’t hate them.” Fang Hong said casually, without any worry.

Just fight, what is there to worry about? Ali has not solved the problem of Chang’e and Jade Rabbit for so many years, and it will be difficult to solve it in the future.

“Hahaha, I see that President Chang’e Technology is developing very well, especially Douyin, which has been developing rapidly in the past few months!” Zhou Shouzi chatted.

“It’s okay. It proves that we are on the right path,” Fang Hong said.

“Have you thought about the further development direction?” Zhou Shouzi asked.

“What suggestions do you have?” Fang Hong asked back.

“The market is sinking, and by simplifying the creation tools to attract users in third- and fourth-tier cities, this is the fastest way to attract traffic,” said Zhou Shouzi.

Simplifying the creation tools is aimed at creators with low cultural level and simple equipment, so that they can also get started. This will expand the diversity of content and form acquaintance social networks for different users.

Many people in rural areas work outside, and they want to see what their relatives are doing, which is a good idea.

WeChat is only used by young people after it has won over the elders. What the elders want is a very simple communication tool.

This is also the reason why even if they make short videos, they can only do it on the secondary channel, because they must first ensure the simplicity of social interaction before thinking about other things.

If social interaction is complicated, the older people will be abandoned. If the older people are abandoned, the young people will give up accordingly. All they want is a bridge to communicate with their elders.

It doesn’t matter who this “bridge” belongs to.

“This is the second stage of our development. We will expand from music and dance to other pan-entertainment fields such as comedy, beauty, and food.” Fang Hong gave a brief introduction.

“What about internationalization? Has the principal ever thought about internationalization? I think Douyin has great international advantages,” Zhou Shouzi discussed.

Hearing this, Lei Jun shifted his attention from the stage to their conversation.

“We have this idea, but we haven’t implemented it yet, and we haven’t done any market research. If we want to expand overseas markets, everything has to start from scratch,” said Fang Hong.

“You don’t have to start from scratch. If you can acquire Musical.ly, you can save a lot of energy. This app is very similar to TikTok and has more than 1.5 million registered teenagers in Europe and the United States.

If Chang’e Technology can acquire it, there will be many benefits. It can directly integrate resources and avoid competition. If this platform is acquired by either Facebook or Google, it will become a strong rival of TikTok internationally.

In addition, Musical.ly has a team that is familiar with European and American regulations and cultural preferences, and can help Douyin reasonably avoid internationalization risks. After the acquisition, it can greatly reduce the time cost of your entry into the European and American markets.”

Zhou Shouzi said a lot, and it seems that he did some research.

The main thing is that if the vision is realized, he will see a software that is popular internationally, which will be a bigger business, stronger than Xiaomi.

The method he mentioned is to exchange capital for time.

If TikTok were to expand into the European and American markets alone, it would definitely take a long time. It can quickly build TikTok’s global presence by relying directly on Musical.ly’s ecosystem construction.

It can be said that this is a very good idea. This is how Douyin went in its previous life, and Fang Hong also knew Zhang Yiming, but he got involved earlier.

In fact, Fang Hong and his team are also discussing this issue. If they can acquire Musical.ly, they can use European and American user data as samples to provide training samples for Chang’e’s recommendation algorithm.

Globalized software must improve cultural adaptability in different regions.

Every person is different. We need a huge database to know what this person likes to watch and what that person likes to watch.

“This is a good idea, but there is no acquirer who is familiar with the situation in Europe and the United States to handle this matter.” Fang Hong said.

It is not easy to acquire a US Internet company because it involves overseas user data.

“I can help you make the connection and express your intention to acquire the other party.” Zhou Shouzi said, that is, he can act as a consultant.

After all, he is Xiaomi’s chief financial officer, so it’s not easy for him to intervene too much. But if he can succeed, he will feel a sense of accomplishment.

“Okay, thank you for your help then.” Fang Hong agreed.

Before joining Xiaomi, the other party was a partner of DST Investment Institution. He is very good at this and can be said to be a specialist in this field. When the time comes, just let Gao Zhun lead the team to handle this matter.

It’s just that the funding seems to be a bit stretched. Previously, 50 billion yuan was invested in building a data center, and another 60 billion yuan was just invested in laying the foundation for the entire film and television industry.

They want to acquire another American company, but it would probably take at least 800 million or 1 billion US dollars to complete the acquisition.

Because there are competitors, Facebook and Kuaishou are competitors. They had inquired before and estimated that it would be 10 billion US dollars. Fang Hong heard in his previous life that ByteDance was a competitor that was defeated with 10 billion US dollars.

After the acquisition, you still have to spend money on promotion, and the operating costs are also considerable.

Douyin must be launched as soon as possible to monetize its traffic. Xiaohongshu has also developed well, with 50 million users, making it the largest cross-border e-commerce company.

It’s just a false name. Actually not many people buy it. The fairies seem to have high spending power, but actually most of them are poor. They just see it and then go to Taobao to buy it.

Xiaohongshu is currently only focusing on the domestic market and strengthening its supply chain. Compared with the money spent on other sectors, this is the least.

Give Xiaohongshu 1 million US dollars and you can spend it forever.

There is no way, the other sectors are too big.

Now the award ceremony has begun on the stage. There are two rows of people standing neatly on the stage. They are all the judges of this award event.

There are experts, scholars, and business school deans.

These are people you never see or hear of, but who hold a certain voice, just like in the film and television industry, those film art researchers and directors, you don’t even know what they do.

Wu Xiaobo is delivering a speech on the stage, looking back on China’s economic achievements.

Some people in the audience were watching silently, and some were whispering. Lei Jun was whispering with Zhou Shouzi, talking about the topic he had just discussed with Fang Hong.

Fang Hong was also chatting with Liu Tianxian: “After a while, please help me live broadcast on Douyin to attract some traffic.”

“Is it useful?” Liu Tianxian was puzzled.

“It is useful and requires celebrities to join. You are the biggest star and you will definitely attract a lot of people.” Fang Hong said.

This is to prepare for traffic monetization. Otherwise, if we continue like this, the funds will run out and the game will not be able to sustain.

The entry of celebrities can attract a large wave of traffic, including Xiaohongshu, which can start monetizing traffic and explore pictures and texts as well as live streaming to sell goods.

Anyway, Yutu is now the biggest name in the entertainment industry, so it’s just right to make use of this resource.

“look!”

Liu Tianxian was surprised and suddenly pointed upwards.

Fang Hong looked up, and everyone else looked up as well, and saw a small helicopter model above with a fluttering “Five-Star Red Flag” hanging below, flying slowly over the scene.

After the scholars and leaders on the stage finished their speeches, this scene appeared, which made people feel quite proud.

Technology is advancing and the red flag is flying!
After the red flag was flying, it was time for the formal award ceremony. The first person to come on stage was the art master Han Meilin, who served as the award presenter, and the winner was the chairman of Shanghai Electric Group.

This award ceremony is quite boring. Whoever presents the award gets to give a speech about their business model and share their experience, bragging a little bit at the same time.

For example, the chairman of Shangdian boasted: “We convinced the Americans through hard work!”

It’s just a solo speech, with the host occasionally coming in to liven up the atmosphere.

The hosts this year are Li Nan and Yao Changsheng, both well-known financial hosts in the industry.

The next winner was the chairman of Weichai Group; followed by the CEO of Midea; and after that the president of Vanke Group.

Every time a big shot came up to receive an award, there was constant applause from the audience, with dancing in between.

It can’t be too boring, there must be entertainment, and the host will also liven up the atmosphere.

But with each award recipient passing by, Liu Tianxian’s expression became more serious, because there were only ten people, and half of them had already passed, but Fang Hong was not there yet.

This made her feel a little uneasy, wondering whether her man had passed the exam.

“It’s okay.” Fang Hong noticed her anxiety and put her at ease.

“Are you there?” Liu Tianxian asked.

Fang Hong shrugged. How could he know if there would be any?

“Just now Wu Xiaobo asked you to debate with them, I think yours should be one of them!” Liu Tianxian guessed.

“Wait and see, I won’t work with him on the show without me.” Fang Hong said with a smile.

Liu Tianxian also smiled, knowing that he was joking. Since she had promised him, she would definitely do it.

The two men turned their eyes to the stage again. After Didi’s CEO received the award, the next person to come on stage was Wang Jianzhou, chairman of the Listed Companies Association, a middle-aged man.

This man, who previously served as chairman of both China Mobile and China Unicom, is a very impressive figure.

“Wow! This winner is really amazing, he has a very important background.” Wang Jianzhou opened the envelope and saw the winner, then he made a joke.

The entrepreneurs attending the meeting couldn’t help but smile.

Of course, the candidates were still quite nervous because they didn’t know who he was talking about.

“Fang Hong, you all call him the principal.” Wang Jianzhou directly announced the winners.

Now there was a sudden sound of applause, and everyone looked over. Liu Tianxian’s originally serious face immediately broke into a smile, and she clapped her hands reservedly.

It’s not like the entertainment industry here, where people get very excited when they win awards and hug, kiss and kiss each other. Everyone here is relatively calm.

Even though he was excited inside, he didn’t show it much. After all, they were all CEO-level figures.

Fang Hong then stood up, shook hands with Zhou Shouzi, Lei Bushi and others, and then walked towards the stage, with the lights following him all the time.

On the background wall of the stage, a corporate promotional video of Jade Rabbit and Chang’e appeared.

He also reported on the achievements of his company: “Yutu is a comprehensive enterprise with a complete film industry chain, integrating film and television investment, production, and distribution.

Chang’e is a technology-based enterprise with artificial intelligence technology at its core, which uses algorithms to accurately push content.”

While the situations of the two companies were being reported on the spot, Fang Hong walked onto the stage in high spirits.

Jack Ma had a blank expression on his face in the audience; Mr. Wang was still as serious as ever. The others had no grudges against Fang Hong and were neither happy nor worried.

When Xiao Wang saw the person who was about the same age as him, he couldn’t help but feel jealous. They were almost the same age, so why was he so jealous?

When Wang Jianzhou saw Fang Hong walk onto the stage, he handed the trophy to him and patted him on the shoulder.

Fang Hong bowed slightly to express his gratitude.

“Hello, Principal.” Hosts Li Nan and Yao Changsheng came on stage to liven up the atmosphere.

“Hello!” Fang Hong took the microphone.

“I heard that the principal’s wife is also here this time. Can we meet her?” Li Nan said with a smile.

“Of course.” Fang Hong looked at Liu Tianxian’s position below the stage.

A beam of light shone exactly where she was.

Being illuminated by the light and attracting the attention of everyone at the scene, Liu Tianxian seemed a little embarrassed and could only pretend to be calm.

“Could we invite the principal’s wife to come on stage and share with us how you are the outstanding woman behind a successful man?” said Li Nan.

Liu Tianxian covered her mouth, feeling very embarrassed.

“Let’s give some applause, okay?” Li Nan said again.

“Clap, clap, clap!” Applause suddenly broke out at the scene.

Liu Tianxian had no choice but to adjust her fluffy mink coat and hold her hands in front of her chest, like the posture of an ancient lady holding her luggage. This held up her clothes so that they would not be easily noticed.

After she came on stage, she stood side by side with Fang Hong.

“Tianxian, as the woman behind the principal, do you have anything to say when you see his achievements today? Tell me what you think.” Li Nan put the microphone to her mouth.

“I am proud of him!” Liu Tianxian’s voice trembled a little.

(End of this chapter)