The meeting is still going on.

After completing next year's budget, the heads of each subsidiary began to report on their work. In fact, they simply summarized the results achieved this year and deployed development plans for next year.

Pei Weiping was the first to report.

“In 2011, Qingcheng Group expanded into two new businesses: Qingcheng Bicycle and Qingcheng Power Bank. Qingcheng Retail successfully separated two sub-brands: Qingcheng Coffee and Qingcheng Milk Tea. Qingcheng Technology added an online ticketing business.

The number of Qingcheng APP users exceeded the five million mark."

In the absence of Weixin's traffic and the impact of the food delivery subsidy war, the number of users of Qingcheng app can still achieve reverse growth, which is already a small miracle.

In this regard, Du Qingqing was indispensable.

"In addition, Qingcheng Group has opened a total of 45 Qingcheng Xiaozhu flagship stores and 215 ordinary stores in 25 large and medium-sized cities across the country, and established regional companies such as Modu, Jingshi, and Shancheng."

"So far, Qingcheng Group has achieved annual operating income of 4.5 billion, profit of 1.15 billion, and net profit of -820 million. At the same time, it has also conducted Series A financing and obtained 3.2 billion in working capital."

Qingcheng Group's profits mainly come from Qingcheng Xiaozhu's online and offline catering business.

"In 2012, Qingcheng Group will consolidate the two new businesses of Qingcheng Bicycle and Qingcheng Power Bank, covering every Qingcheng Xiaozhu. It will also expand and strengthen the two sub-brands of Qingcheng Coffee and Qingcheng Milk Tea, and implement Qingcheng Coffee

Entering supermarkets and entering campuses with Qingcheng milk tea strategy. Continue to increase the promotion of Qingcheng APP and strive to exceed 20 million users. Open 1,000 new Qingcheng Xiaozhu stores, covering Beijing, Magic City, Yangcheng, etc.

First and second tier cities.”

After financing, Qingcheng Group is obviously more confident.

"In terms of research and development, Qingcheng Group will strengthen the synergy with Qingyun Data, strengthen the linkage with the algorithm laboratory, and at the same time invest more R&D funds in environmentally friendly tableware and Qingcheng bicycles."

After Pei Weiping finished his report, Zhang Shuo did not make too many comments.

Something to talk about.

When he had a conversation with Pei Weiping and Du Qingqing alone before, they had almost finished the conversation.

In a word, although Qingcheng Group will accelerate its development next year, it will also become more independent and will still not be the business focus of Sprout Group.

Following the report was Cao Yanhua, President of Jade Bird Interactive Entertainment.

"In 2011, Jade Bird Interactive Entertainment released a total of 23 new games including "Clash of Clans", with an average of two new games released every month, ranking first in the world in terms of market share in the mobile game market."

A very eye-catching set of data.

It can also be seen from this that Zhang Shuo has the biggest interest in Jade Bird Entertainment.

Not much to worry about.

"In the investment sector, Jade Bird Interactive Entertainment completed its strategic investment in EPIC, successively acquired Xiami Music and Dota 2, established five major studio groups, and further improved the organizational structure."

After the five major studio groups have been established one by one, Zhang Shuo has no plans to continue to expand the scale of Jade Bird Interactive Entertainment’s game studio in the short term.

The release of more than 20 new mobile games throughout the year is already the upper limit of Jade Bird Interactive Entertainment.

After all, they are all top quality.

Even if Zhang Shuo was immersed in the game industry in his previous life, it is impossible to say that if he had caught all the high-quality mobile games in his previous life, there would definitely be fish that slipped through the net.

"As of now, Jade Bird Interactive Entertainment has achieved annual operating income of 28.5 billion and turned in profits of 10.25 billion."

That's it.

This has not even included the profits expected to be handed over in December.

The pillars of the platform are solid.

"In 2012, Jade Bird Interactive Entertainment will continue to consolidate its leading position in the field of mobile games. While developing new mobile games, it will continue to tap the growth potential of old mobile games."

When he said this, Cao Yanhua was actually under a lot of pressure.

How many high-quality original mobile games Jade Bird Interactive Entertainment can produce next year does not depend on the three major mobile game studio groups of Fire Phoenix, Jingwei, and Jade Bird, but on Zhang Shuo, the big boss behind the scenes.

Therefore, Cao Yanhua did not dare to speak too fully.

From his perspective, of course, he is also worried that Zhang Shuo will one day run out of talents.

When that time really comes, it will definitely be a catastrophe for Jade Bird Interactive Entertainment. In one fell swoop, Jade Bird Interactive Entertainment will be stripped down to its shiny underwear, leaving nothing behind.

I guess I will have to rest on my laurels from now on.

Because of this, Cao Yanhua has been taking precautions. As early as three months ago, he had been consciously organizing the planning staff of the studio to plan new games on his own.

But as of now, the headquarters has not received a very satisfactory game plan.

This shows Zhang Shuo’s incredible level.

"In addition to mobile games, Jade Bird Interactive Entertainment will also accelerate its layout in the field of client games. While vigorously promoting TI events, it will also rapidly promote the two projects of "Tianya Mingyue Dao" and "PlayerUnknown's Battlegrounds"."

So far, the success of TI1 has undoubtedly given many people confidence.

"Tianya Mingyue Dao" is expected to be ready for internal testing before the end of next year, and "PlayerUnknown's Battlegrounds" will be later, estimated to have to wait until the first half of 2013.

Just formed a more reasonable time echelon.

In other words, it will take until after 2013 for Jade Bird Interactive Entertainment's layout in the PC game field to be basically formed. As for the 3A masterpiece "Black Myth", there is no need to have high expectations before 2015.

No chance!

“In terms of research and development, Jade Bird Interactive Entertainment will strengthen the research and development of virtual engines, motion capture, game AI, anti-addiction systems, minor protection systems, etc., make the engine laboratory and game AI laboratory bigger and stronger, and provide better solutions for the development of PC games.

R&D provides strong technical support.”

Cao Yanhua's work report was very concise, but he handed over the most eye-catching report card.

"Next year, how much profit does Jade Bird Interactive Entertainment expect to hand over to the group?" Zhang Shuo asked.

"About 17 billion."

Cao Yanhua is not ambiguous at all.

This 17 billion expected profit includes 12 billion in recharge revenue and 5 billion in overseas agency revenue, an increase of more than 60% compared to 2011.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! It is already scary.

"One hundred and seventeen billion..."

Zhang Shuo, however, is not very satisfied. With the 3.6 billion support fund, it will barely exceed the 20 billion mark. How can it support the great development of the budding next year? "We have to work harder."

"I try my best."

Cao Yanhua was under great pressure, and the others were even more stressed.

For example, Zhao Xiaohu will report next.

“In 2011, Weixin’s users reached 180 million, making it the second largest mobile social network in China. Next year, Weixin will focus on promoting industry-wide solutions for smart life and complete platform transformation.”

"Feixun has become increasingly mature. Next year, in addition to integrating with Qingyun, the main goal is to expand the toC market externally and strive for a thousand large-scale enterprises to use Feixun."

"Motu Xiuxiu has been included in the list for sale, and we are not making long-term plans for the time being."

"The primary goal of AutoNet next year is to complete the development, testing, launch and promotion of AutoNet APP and complete the mobile transformation."

"Pangda Live will be based on the games of Jade Bird Interactive Entertainment, delve into the game live broadcast track, use Dundun Interactive Entertainment as a platform, strengthen support for game anchors, and strive to exceed the 30 million user mark."

Obvious.

Zhao Xiaohu focused on next year’s plans because there is really nothing to talk about this year.

"In addition to completing the mobile transformation, Automotive Network also has two goals. One is to maintain a certain level of profitability, and the other is to prepare for listing and strive to go public around 2013."

Since the release of Qingcheng Group’s Series A financing, Zhang Shuo’s business strategy has also slowly changed.

No longer blindly pursue 100% control.

Especially in the Internet business, except for the game business, other businesses basically have been burning money in the early stage, and it will be difficult to make profits within three to five years.

Even if it makes a profit, the profit turned over is very limited.

If we still insist on 100% control, it means that all these subsidiaries can only suck blood from the Germination Group, and sooner or later they will be squeezed dry.

It is also not conducive to the expansion of new business for the Germination Group.

In view of this, it is a good choice to use various flexible methods such as financing, sales, and listing to obtain funds for different Internet assets under the Sprout Group.

It not only reduces the blood transfusion burden of the Sprout Group, but also helps improve the external image of the Sprout Group——

No more solitary eating!

Take the listing of Auto.com, for example. Although it is said that Qinghe Technology is 100% controlled, new investors can be introduced before the listing to achieve mutual benefit and win-win results.

"Understood!"

Zhao Xiaohu quickly wrote it down.

It is not that simple to promote a company to go public. The preparation period can be as short as one year, as long as two or three years, and some even fail to go public successfully after seven or eight years.

Before listing.

The governance structure of AutoNet must comply with the requirements of listed companies.

From the perspective of the Sprout Group, promoting the listing of Autonet itself can also be regarded as a practical exercise to accumulate valuable experience for promoting the listing of other companies in the future.

Du Ruiwen was the fourth to report on his work.

"In 2011, Qingyun Data started from scratch and successfully built the Binhai Data Center, Magic City, and Haijin City data centers. It is expected that they will be completed and delivered by the end of the year. By the beginning of next year, Qingyun Data will basically realize the eastern region data network
To be continued...