101: Chapter 101 Family Banquet

This company and all its members guarantee the authenticity, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Tencent Technology Group Co., Ltd. (hereinafter referred to as Tencent)...

Read anytime.

Counterparty: Huaxin Investment Co., Ltd.

Transaction Method: Huaxin Investment subscribes to newly issued shares and acquires a portion of existing equity through a combination of cash injection, strategic resource injection, and authorization of high-quality IP operating rights, totaling 20% of the company's shares.

Consideration Composition:

Cash injection: 2.3 billion USD!

Strategic Support: Providing the company with long-term full-platform traffic support and ecological resource allocation.

High-Quality IP Injection: Injecting the exclusive operating rights of the casual game "angry birds" in China into the company system, to be exclusively agented, published, operated, and commercialized by the company's game platform...

The announcement was very long, and indeed didn't hide any information, but many people couldn't help but complain after reading about this transaction...

"What the hell is this Huaxin Investment? Tencent's current market value has exceeded 230 billion HKD, and 20% of the shares correspond to a value of nearly 46 billion HKD.

Huaxin Investment only used 2.3 billion USD (about 17.8 billion HKD) + traffic + an unknown game operating right, and took away core equity worth 46 billion?"

"Trespassing into the royal family, isn't this obviously buying into the company at a low price and diluting our equity?"

"It's alright, no major blowups... Looking at it long-term, it might actually be a good thing."

"This kind of announcement is just going through the motions. It will fall if it's going to fall, and rise if it's going to rise. It still depends on the new investor's attitude..."

The finance comment section also gave some brief reactions.

MIH: "An additional 3% share reduction in this financing, but we are optimistic in the long term..."

For this Transsion investment, Pony Ma used every means possible to finally convince MIH to relinquish an additional 3% of shares.

Although they remain the largest shareholder, the 25.07% stake poses much less of a threat...

While the whole internet was speculating about the future stock price trend of Tencent, the main person involved had already returned home to attend a family dinner.

Shen Guoming and Zhang Shiqing were already drinking there.

Zhang Ruyue and Zhang's mother had rarely stepped into the kitchen, while Zhang Mingzhu was there "helping" by causing trouble...

Seeing Shen Fei return, she immediately put down the vegetables in her hands and jumped up, and Shen Fei steadily caught her.

"Old Zhang, look, their relationship is indeed quite good... Mingzhu graduates next year, why don't we finalize things?"

"Hmm... Alright!"

It was rare for Zhang Shiqing not to play the role of the mandarin duck-breaking stick, but his agreeing so quickly made Shen Guoming feel that something was a bit off...

No, it's 100% wrong. Who has possessed his friend? Get out quickly.

Soon, delicious home-cooked meals were served on the dining table.

After eating for a while, Zhang Shiqing took the initiative to speak: "I heard you did another big thing."

There was still a bit of surprise in his voice, and Shen Guoming next to him was equally curious...

After all, 2.3 billion USD is not a small amount of money.

"It's not a big thing." Shen Fei picked up a dish for Zhang Mingzhu, "Just swapped positions with someone."

"Swapped to where?" Although Zhang Shiqing already knew the inside story and had guessed some of the layout, he still wanted to hear Shen Fei's real thoughts.

Shen Fei didn't look up and continued to pick up some food for Zhang Mingzhu: "We aren't sitting at the social networking table for the time being; it's more cost-effective to just become a shareholder."

"Are you not reconciled with this?" This question was asked by Shen Guoming; his son had been smooth sailing ever since taking over, and now...

"I never intended to do internet business in China. While that stuff makes money fast, it's nowhere near as profitable as our hardware. Good hardware makes more money and is easier to gain favor from the higher-ups, especially in tech manufacturing. Right, Dad!"

However, when Shen Fei said this, he looked at Zhang Shiqing...

This sentence instantly made the old man a bit alert. No, he shouldn't be the one being called. Wait, his little cotton-padded jacket seems to really be gone.

"As long as we do the mobile phone table well, in 5 years we can easily handle these hardware manufacturers.

After all, by then, mobile phone manufacturers will become the largest traffic distribution channels. By then, it won't be us begging Tencent for pre-installation, but Tencent begging us to renew the contract..."

"As long as you have a plan in mind." Zhang Shiqing said.

About an hour later, dinner was almost finished, and Zhang Ruyue had already arranged how to sleep tonight. It was already 10 o'clock, so there was no need to go home. Anyway, there was enough space here.

"Sister Zhang, you two sleep in the guest bedroom. Xiaofei, clear out your room and sleep in the study..."

"I'm sleeping with Shen Fei." Zhang Mingzhu suddenly spoke. Her voice wasn't loud, but it made the whole living room quiet immediately.

Zhang Ruyue opened her mouth, looked up, and then quickly closed her mouth again.

Shen Guoming glanced at his son, then at his future daughter-in-law, his expression moving subtly. Then he lowered his head and said nothing, but the corners of his mouth curled up slightly.

The smile on Zhang Shiqing's face froze, and then his brows furrowed slightly. Zhang's mother was first surprised, then faintly carried a hint of a smile, her gaze darting back and forth between her daughter and Shen Fei.

Zhang Mingzhu met her father's gaze without dodging or blushing, just leaning against Shen Fei's side like that.

"When did this happen?" Zhang Shiqing's voice came,

Just as Zhang Mingzhu was about to speak, Shen Fei gently held her: "Dad, it was last time... at the Huawei mate series launch event."

Shen Fei didn't have any extra explanation; some things are enough once done.

Zhang Shiqing instantly felt heartbroken. So it was that time...

Then he quickly covered his chest. At the time, he was the one who initiated it. Since they had arrived in the capital, they shouldn't stay at a hotel; he let Shen Fei stay at their home. He shouldn't have felt sorry for this brat, and as a result...

Seeing this, Zhang Shiqing waved his hand, tacitly accepting the matter.

Almost at the same time, in the Nanshan District of Shenzhen, Tencent Building.

Pony Ma did not get off work on time.

He stood in front of the whiteboard in his office, where the sketch drawn during the negotiation that day still remained.

Mobile phone manufacturers, app stores, mobile apps, payment tools—several lines connected into a complex network.

Today, he used a different color to draw a larger circle outside the circle for mobile phone manufacturers.

The assistant knocked gently on the door: "Mr. Ma, is it time to get off work?"

Pony Ma didn't look up and just asked: "Tell me, why do they want 20%..."

The assistant was stunned for a moment: "20% is a lot, it can already influence decisions..."

"No, they don't want decisions. They must be staking out territory."

Early on the morning of November 8th, Big Mouth Yu once again posted a new teaser on his personal Weibo, with a very bold tone:

"At the time, I said at the launch event that the Mate is a product that will change the Chinese mobile phone market. Many people didn't believe it then, but now we have achieved it.

With a cumulative sales volume of 4 million in the three months since its launch, sales still haven't slowed down and are still growing rapidly. But this is not enough; we are about to release a mobile phone that everyone can afford, to completely set the tone..."