Super Tycoon

At the end of December 1999, Zhiduoxing Group held a year-end board meeting to summarize this year's achievements and make detailed plans for next year's development.

Zhang Weiguang sat in the main seat, Zhang Yang and Kurishenko were on the left and right, and other executives were arranged in order.

"Everyone, this year has been a very successful year for Zhiduoxing Group. We reorganized several companies to form a group company and listed on the New York Stock Exchange. Not only did we raise $6 billion in funds, but the stock price did not fall. , is still growing.”

"Last year, we were rated as the leader in the game industry by many media. Some media did not agree with it, thinking that our profit is not as good as Nintendo, our influence is not as good as Nintendo, and our background is not as good as them."

"But this year, the game industry's revenue exceeded 8 billion U.S. dollars, and the profit margin reached 15% for the first time, with a net profit of about 1.3 billion U.S. dollars."

"Whether it is revenue or net profit, we are the first in the industry. At present, we are also the best in terms of word-of-mouth. The only one similar to us in terms of performance is Uranus. The sales of Uranus are not as good as our Zhiduoxing A quarter of the G2, we are still GMINI, and this sales volume is also growing rapidly."

"Of course, our revenue and profits in educational electronic products are also growing rapidly. Now our products are not only sold in the Chinese market, but also entered the Eastern European market, and we also have agents in Europe and the United States."

"This part of the profit growth is due to the popularity of the repeater machine. Now the ordinary computer learning machine market is shrinking. From next year, it will go downhill. Wenquxing electronic dictionary and repeater will continue to grow, too. The future main revenue direction of the company's educational electronic products."

"Our overall net profit this year will exceed US$1.9 billion, including game console business, educational electronic product business, hardware investment business, patent licensing business, product agency business, etc."

"However, next year is a more critical year for Zhiduoxing Group. Whether we can secure the leadership in the industry and whether the company's market value can exceed 20 billion US dollars will all happen in this year."

"Many people don't understand the company's IPO. They think that the company is not short of money and there is no need to go public. Even if it goes public, there is no need to go to New York. Xiangjiang and the mainland are fine."

"But if you don't go to New York, you can't raise so much money. Without so much money, you can't let the company buy shares in AMD Semiconductor, increase the number of shares held by Eagle Weida and SanDisk, and you can't invest in LCD panel companies. .”

"I know that many people have a lot of confusion about the company's investment. Our main business is game consoles, and we invest in game companies. Everyone can understand this. What people don't understand is why we invest in the hardware industry. Like Nintendo, they all Cooperating with other hardware companies can reduce hardware expenditures, make the company more resistant to risks, and ensure higher profit margins."

"But everyone has also seen that because we invested in SanDisk, the company's handhelds use the latest memory cards, surpassing Nintendo's GB series."

"Because we invested in Eagle Vita, we have a better graphics card, which is very outstanding in 3D performance and weakens the influence of the CPU. This ensures that even if Suony's PS2 is better on the CPU, it can be The 3D performance ability will definitely not be much better than ours.”

"But it is undeniable that the CPU is the core of an electronic product, and the expenditure on this part is also the highest. If we have a CPU with better performance and a cheaper price, then the cost of our game consoles can also be reduced a lot, allowing We have a better market share."

"That's why we invested in AMD Semiconductor, and in the future we plan to promote the merger of several hardware companies we have invested in, and become a comprehensive hardware company that implements the same interface standards."

"Of course, Mr. Kurishenko's company has also invested in sound cards, memory, and some basic electronic components.

"

"Everyone will find that our companies together can directly assemble a computer. In fact, our game console is an electronic computer, but in terms of functions, it has enhanced games and videos."

"Many people think that our products can only be used to play games, but in fact our products can also be used to play video discs and be used as DVD players."

"It is also this function that gives us more advantages when we expand the market in Europe, and this advantage is still expanding."

"It's a pity that Soni's PS2 also has an audio-visual card, which is said to be able to be used as a DVD player, but they are not compatible with VCD discs, because they have not obtained patent authorization."

"It can be seen from these that our investment is for the faster development of the company's products in the future. At the same time, the industry we invest in can also have other application directions, not just for game consoles."

"These investments are the company's strategic investments, including the LCD panel companies that the company has been in contact with during this period. Some people will wonder, what does this have to do with the company's development?"

"Some people may know it, some people don't. The company will launch two peripherals in the next step. One is a power cord with battery function, which can be used as an external power supply to supply power to Zhiduoxing GMINI."

"The other one is a portable LCD screen, a palm-sized screen, but there is no company in our country that can produce it. We also purchase it from Baodao and South Korea."

"These two products can turn Zhiduoxing GMINI into a portable game console, a vehicle-mounted game console, increase functions, and increase the market."

"And we got news that Sunny is also developing this. We want to take the first step to occupy this market and at the same time restrain the development of competitors."

"The company's strategic investment will not see any benefits in a short period of time, and there will be a lot of investment, and even continuous investment in the future, and those companies may still lose money."

"But from a long-term perspective, this will play a decisive role in the development of the company. It will help us lower our costs in the future, avoid the checks and balances of other companies, and at the same time be able to do better product development and improve efficiency."

"The long-term development of the company must be considered from the strategic level, and don't just pay attention to the immediate gains and losses. Well, I will talk so much today, and leave the rest to Zhang Yang, the company's president."

Zhang Weiguang picked up the teacup on the table, and he told him everything his son told him, and if he had to continue talking, he could only do it himself, so forget it.

Zhang Yang looked at his father, you have finished talking, what else do you want me to say?