Chapter 977: Finale(1/3)
The elite team of the financial industry has carried out in-depth reforms to the Longteng Charity Foundation, transforming it into a scientific and rigorous international charity foundation, and arranged to enter a highly-paid experienced management team to specialize in the foundation's financial management matters.
Make the foundation sustainable and have high profitability.
The professional team has formulated an organizational structure and rules and regulations that are almost flawless. The foundation has hired an international lawyer team of 25 people to handle various legal affairs all year round, and to prevent various legal loopholes in the operation and donation acceptance process as much as possible.
Until now, Yang Yun was truly relieved. This was the path he chose himself, and everything must be prepared for the future.
On the first Sunday in April, Buffett promised to donate Berkshire Hathaway stocks worth $5 billion to Bill and Melinda Gates Charity Foundation and Yang Yun's Longteng Charity Foundation respectively.
Securities, a total of US$10 billion in charitable donations, broke the world record of single-person charity created by Yang Yun a month ago, 3.. Good donation.
This news made everyone dizzy and messy again, everything was messy!
Yang Yun donated money to Microsoft, and Buffett donated money to Longteng and Microsoft. Is the next step to donate money to Longteng and Buffett Charity Foundation? On May 1, 2008, it rained the day before in Beijing.
The air is fresh, the sun is shining brightly, and the wind is bright.
Yang Yun got up early, he woke up his wife and children, and the family calmly used breakfast, drove happily to the company headquarters to listen to the report, and prepared a speech.
At noon, Yang Yun had lunch. He came to the dressing room and let the three stylists mercy him. He put on a straight suit. He had re-repaired his hairstyle. After careful facial makeup and clothing decoration, there was no small detail.
Falling down reveals the most mature and charming side of a middle-aged man, which makes everyone amazed.
Today is so important. This is the most formal and solemn press conference held by Longteng Entertainment Games Company. The marketing department started sending invitations a month in advance. Even the heads of many American IT giants on the other side of the earth received invitations.
, They took time to attend the event as much as possible.
On this day, the Beijing City Government was facing a great enemy, and in order to welcome the super high specifications of foreign leaders, they directly took out the security forces of the upcoming Beijing Olympics to preview in advance.
From Capital Airport to Zhongguancun, all the streets along the road were blocked almost all martial law. The armed police security forces received one prominent position in the world's top 500 companies from the airport and sent them safely to the five-star near the Longteng headquarters in Zhongguancun
The hotel is resting in the bustling street of Zhongguancun, three steps and one post at five steps, showing the organizer's caution. Everyone is full of curiosity because there are many people of great origin in the venue. For example, amd, ati
The presidents of companies such as Nvidia, Gigabyte and Hongda Electric, as well as the heads of leading companies in the game industry, including CEO, magazine music and animation, and other independent manufacturers of the game industry, which have cooperative relationships with Longteng, all received a call from Yang Yun himself.
An invitation call.
No one expected that the specifications today would be so high. Looking around, among the top 500 companies in the world, six of the top ten IT industries came. Large companies with famous names in China, the United States, Europe, Japan and South Korea have sent people to participate.
Some Wall Street executives inspected for a week and were surprised to find that many investment bankers appeared here, SoftBank Group, Blackstone Group, Merckard Investment, Goldman Sachs Investment...
"Today's water depth and scale are too grand, Longteng must have a huge move!"...
This is the answer that everyone can confirm. The first answer that many people think of is - Longteng is listed!
Yes, only Longteng's listing is worthy of such a large-scale celebration.
However, as a private enterprise, Longteng Entertainment Games Company has been developing for nearly twenty years, and the number of branches is too large, and it involves various industries.
Some careful people have counted that in 14 factories in bonded areas, six R&D centers around the world, two animation and game industrial parks, Dishui Lake Film and Television Game Base, tourism company, and two buildings on Zhongguancun Commercial Street were bought in the name of Longteng.
More than 30 overseas game production or animation film and television production related companies around the world, seven branches around the world, more than 240 game stores and experience centers, logistics fleets, e-commerce stores, film companies, four magazines, clamps and
Ghibli, Apple phones, Internet Google, Nvidia graphics cards, etc.
There are also shares in Huawei, SoftBank Group and Blackstone Investment Group, which will at least involve the assets of hundreds of companies.
There is also the most important Longteng chip, which is a business that is jointly held with state-owned enterprises and universities, and has strategic value. The above are still content that can be found in public information. There are also some things hidden in the dark, such as SZN company
, KTT and NNSNI, a company that is not recognized by the company, the xbx360 game department jointly bought by Blackstone Group and Yang Yun offshore company...
So it is not easy to really talk about going public.
Yang Yun appeared in front of everyone. He wore his headset and did not take the speech. He walked onto the stage empty-handedly, smiling and bowing amid everyone's applause, thanking everyone for coming.
Looking at the familiar faces in the guest seat, Bill Gates, Buffett, Apple Jobs, Google Larry Page, SoftBank Masayoshi, Zhongshan Hayao, Jiang Shaoyun, Zhao Yongping, Wang Zhe, Ren Zhengfei, Liu Chuanzhi, Chen Fang, Cao Kairui, Kutaraki Ken
Waiting for someone, Yang Yun took a deep breath and calmed down.
"First of all, thank you for traveling thousands of miles to China to attend this press conference. This is my honor!"
As Yang Yun bowed deeply again, there was constant applause. Most of the people present were Yang Yun’s friends, partners, or subordinates, and everyone expressed considerable tolerance and kindness to him.
"This year is the 19th year of the founding of Longteng Entertainment Game Company. Thank you for accompanying Longteng's growth all the way. The world has become colorful because of everyone's existence. Only then can we create one beautiful small game world after another in spiritual civilization. For humans,
Bring spiritual pleasure and happiness.”
Longteng Entertainment Game Company, founded in this special era in 1989, has always been a complete private enterprise in 2019. It was in the past with special historical reasons, but later it continued to lead the development of the IT industry, guiding both hardware and software.
Feiteng, creating physical entertainment and cultural models, mastering the lifeline of the country's economy, but never mentioning listing, is almost unimaginable under China's special national conditions.
It's time to go public. Longteng is no longer a small-scale enterprise. With the original team and the professional managers hired with high salaries, there are more than 800 middle and senior management alone, and employees of each branch have added
There are more than 90,000 people. Such a large company must be managed scientifically with ISO and can no longer operate extensively. Going public is an inevitable path.
"Longteng's original main business was games, entertainment and culture. With the support of the national government, Longteng gradually entered the industries of tourism, film and television, hardware production, shopping malls, logistics, e-commerce, investment, etc. But everything revolves around games
This topic. It is precisely because of our professionalism and twenty years of perseverance that we have achieved what we are today."
Yang Yun was not reborn in Europe and the United States, Japan and South Korea, nor was he reborn in Hong Kong and Taiwan, but chose to reborn in mainland China in hell mode.
In fact, with his conditions, he can do something in Europe and the United States, or build a country in Hong Kong, Taiwan, go abroad to be a sea turtle, take a green card and design excellent games, and easily
It is much faster and more comfortable to earn the richest man in the world than it is now.
But he insisted on choosing to start a business in the mainland, and he said personally that he was a Chinese person in his life and a Chinese ghost in his death. He would never immigrate abroad and had to make a fortune in mainland China!
In the 1980s when the reform and opening up just began, in the 1990s when the various regulations and awareness policies were not mature enough, in the 21st century with the aim of economic development, Yang Yun and Longteng embarked on a very difficult path, and he led the Chinese game industry and
The struggle between foreign competitors, with Zhu Shuguang's appreciation and help, has made great efforts to rectify the chaotic domestic industries, crack down on piracy, standardize domestic game industry regulations, and change the long-term prejudice of Chinese people towards games.
People who were familiar with Long Teng's growth experience applauded. Everyone knew that Yang Yun had a hard time, hard work and bitter life over the years.
Outside, fighting with the Japanese, fighting with the Americans, fighting with the Europeans, acquiring Sega, punching Nintendo, kicking Sony, fighting with ea, fighting with Ubisoft, acquiring down-and-out studios, suppressing big-name production teams, and competing for business
, vicious acquisition, hostile run, bundled operation, exclusive agreement, open and conspired army, conspiracy and underground mafia, Long Teng used everything, and conquered all competitors.
Inside, fight against piracy, fight against black Internet cafes, threaten corrupt officials, crack down on speculation, rectify the overall environment of the domestic game industry, set global unified standards, transfer interests, form cliques, suppress dissidents, win over media and public opinion, and
Because of his own self-discipline, Longteng has not had many things to pick on, so he has made steady progress and has become an anomaly among modern enterprises. It is the only private enterprise with a market value of probably more than 100 billion US dollars but has not been listed.
"The company is big, and my personal responsibilities and burdens are also great. Three years ago, Longteng introduced the ISO quality management system and hired a team of professional managers from Tsinghua University, Harvard University, MIT, and Wall Street to revisit Longteng.
Daily management is carried out scientifically and orderly.”
"In addition, we also hired PwC accounting firm to review and count all Longteng's assets. After another three years of operation, we finally prepared all the materials and now entrust Huaxia Securities Company and Goldman Sachs Group.
When applying for A-shares in mainland China and H-shares in Hong Kong, Longteng Entertainment Games Company decided to apply for listing as a whole without splitting it up."
Wow...
There was a burst of noise in the audience. Yang Yun personally told the news of his listing. It turned out that A and H shares were listed at the same time. He did not list in the United States, where gold was everywhere. You should know that as long as it was listed in the United States and Longteng's first day of listing, the market value was likely to be
It will exceed $200 billion, or even $300 billion, I really don’t know how to evaluate them!
Moreover, many subsidiaries under Longteng are qualified to go public independently, such as Nvidia graphics card, Dishui Lake Film and Television Game Base, CLAMP and Ghibli and other animation magazine resources, etc.
But if you think about it carefully, the only option is to go public at the same time.
During the development of Longteng, the Chinese government has always been a low-key role. It has almost never made violent administrative interference and has truly achieved the development of the market economy. It has been commented as a miracle of China by economists.
But careful people will find that the game console design center, the list of game software suppliers, the travel film and television city, the animation and game industrial park, the magazine, and the toy factory. These are all soft conditions, and Yang Yun controls the vast majority.
Basically no one shares his interests.
However, in the CPU chip side business, China Resources Group and Tsinghua University occupy a considerable share, and behind these two shareholders is the Chinese government, in the chip research institute and hardware laboratory, these hard conditions that affect the lifeline of the country's economy.
.Yang Yun consciously gave up part of his rights and interests and bought his own lifelong peace.
"Smart Yang Yun!" Hou Jianbo, deputy director of the National Development and Reform Commission, smiled. He knew very well that Yang Yun's business strategy and knew that this was the most correct choice to become bigger and stronger in China.
"In any country, it is impossible to avoid the invasion of consortiums. Microsoft's board of directors also has the tentacles of the four major consortiums in the United States, and Buffett is even close to several ancient families. The eight major consortiums in Japan control 99% of the country's economy. Yang Yun only
He can get his current life by taking out a small piece. He is a smart person and the luckiest person!" Liu Chuanzhi sighed in his heart that as the head of Lenovo, the second largest IT company in China, he is about to retire
, I have really tasted all the flavors of the world, and I only know how sweet and hard it is.
"No wonder Longteng has never been listed. The role played by the Chinese government in it is too subtle. I believe that the two places will go public at the same time must have opened up the policy side and reached a consensus agreement behind the scenes. I am really curious, I don't know that Yang Yun can get it.
How many!" Cao Kairui, who has been promoted to the president of Blackstone Group Asia, looked at Yang Yun who was full of energy and sighed slightly. He was very glad that he met Yang Yun on the plane and became friends with Yang Yun. This was the most correct thing he had done in his life
Something about it.
This news will take some time to digest, and there are still quite a lot of cumbersome details to be announced, but Yang Yun did not leave enough time for everyone, but continued to talk to everyone like friends.
"Listing is just a change in Longteng Entertainment Games' business strategy. I feel that these have little to do with everyone. Those who should be released will still be released, and those who should be expanded factory production capacity will still be invested. What is related to everyone may be to me in the future.
When dealing with it, maybe you will see the company name rising and changing into 'Longteng Entertainment Game Group'."
Everyone laughed with kindness, but that's the truth. If a private company becomes a group listed company, if its business ideas do not change, it really has nothing to do with them.
"Then I will talk about things related to me personally. Maybe everyone will have to get used to the change of my identity. After I go public, I will serve as the chairman of Longteng Entertainment Game Group, but I will not serve as the executive power of CEO.
It will be handed over to professional managers, and CEO will select suitable talents from the world, and the targets you will deal with in the future will be someone else.”
What!?
Yang Yun is only 40 years old and in his prime, he doesn’t want to hold such an important position as CEA?
The chairman and CEO are two positions. Generally, strong people will control these two positions at the same time. Only some old people who are hidden behind the scenes will hand over the CEO to young R&F and experienced professional managers as Longteng Entertainment Games
Yang Yun, the founder of the company, actually gave up CEO at the age of 40. What is this to do? Is such a listed company really trustworthy?
There were many discussions in the audience, and some people even asked loudly why. Even old men such as Zhao Yongping and Longteng smiled bitterly, which showed that this was Yang Yun's own decision. They had persuaded him countless times, but Yang Yun was not influenced by the outside world at all.
To be continued...