Chapter 131 We, DJI, are a toy company! [Please subscribe! ]

August 8, evening.

Along with the still grand Olympic closing ceremony, various cultural and artistic performances have also been launched one after another. Those who know about it know that this is the beginning of a grand era.

Those who don’t know are still immersed in the Olympic carnival atmosphere.

Wang Chengguang did not go to the scene again, but went to Xinghuo Weibo. Seeing the two large teams from 360 and Kingsoft, he immediately clapped his hands and asked several drivers and assistants to push small vans in.

"Mr. Zhou, Mr. Qiu, from now on, our Xinghuo's network security will be temporarily handed over to you. I will cook a few big pot meals tonight."

"I'd like to treat all the friends who came to help to a good meal."

Lao Zhou laughed, "In the Internet circle, Mr. Wang's cooking skills are well-known to be domineering. It's an honor to be lucky enough to taste your cooking."

"Don't worry, no matter who comes to cause trouble, we also want to start this battle of fame."

The business war, which is second only to unplugging the Internet cable, may not be launched directly tonight, after all, the Olympics is still in the process of starting the closing ceremony.

But it’s better to be prepared.

360 is now rapidly expanding its market with its free antivirus service and has a promising future. However, the outside world is not clear about how strong 360's network security capabilities are. As long as it helps Xinghuo to protect security, promoting it is the best advertising.

In the more than ten days from the beginning of the Olympics to now, Wang Chengguang has made a lot of money by giving Shao Anna's company the 2 billion Hong Kong dollars to short Big Penguin, South African Newspaper Group, and Alibaba BB.

Not to mention that the two CEOs only charged a symbolic fee for the sake of the company's reputation, strength and image, etc. Even if they paid the full market price, it would be more than enough to make a profit from short selling in the stock market.

As of 6 p.m. today, the total number of registered users of Xinghuo Weibo has exceeded 1.2 million.

Happy Farm has more than 6000 million registered users, Plants vs. Zombies has exceeded 8000 million, Three Kingdoms Tower Defense has exceeded 2000 million users, and King of Glory Card Game has more than 3000 million players.

It’s a bit hypocritical to say this.

To put it in a more meaningful way, as of 6 p.m. today, Spark Game Center made a profit in August, with a gross profit of RMB 9000 million!

During the Olympics, Xinghuo was the first Internet platform to compile various charts and report all the breaking news. Even if other platforms caught up later...

One step slower means every step is slower!

The number of users increased from 8600 million before the Olympics to 1.2 million after the Olympics. The reason for this increase is that there are too many people who, while waiting for the Olympics to start or just killing time, have become interested in all kinds of topics on Weibo.

Including going to the game center to kill time.

I won’t say much about the card and board games, but the web games are like pressing the explosive button.

In addition, there are various internet celebrities, such as the harbinger of good news Zhong Miaomiao, who can predict the probability of winning gold and silver medals in other countries' Olympics with an accuracy of 60%, and can predict the results of gold and silver medals in Chinese Olympic events with an outrageous accuracy of nearly 80%.

Before the Olympics, there were more than 100 million fans, and now it has skyrocketed to over 600 million!
So far in August, the revenue from ringtone downloads of her song "The World Is So Big But I Still Meet You" has exceeded 600 million yuan, and it's not even a month yet.

Now Zhong Miaomiao's image of a bird that brings good luck has become a big hit on the Internet, and countless netizens think that this little girl is really a goddess.

The accuracy of various predictions before the game starts is more accurate than that of many underground bookmakers in Southeast Asia.

This is no one.

The end of the Olympics marks the end of an era, but a new curtain has just begun. The stock prices of the two housing agencies in North America have fallen so much that countless people are in tears.

Lehman Brothers also began to be in danger, with only more than 20 days left before its bankruptcy.

Wang Chengguang arranged for people to distribute the big pot of rice and dishes, which included fried rice he made himself, as well as four dishes and one soup, so that everyone could have enough.

…………

The night passed by.

At 8 o'clock in the morning on August 25, Wang Chengguang, who had stayed in the company all night, was speechless to find that there was really no attack yesterday.

However, when he left Xinghuo Weibo, he could clearly feel that the Beijing police, who had been tired for who knows how long, suddenly relaxed a lot.

The probability of you encountering traffic police or other patrol cars on the street has been greatly reduced.

Sitting in the car, Wang Manni said pitifully, "Brother Guang, Beijing University of Architecture and Technology is about to start school. It's the beginning of September, and there are only a few days left. Can I find a way to avoid military training?"

"I heard Miaomiao didn't go to military training either, right?"

Wang Chengguang was speechless, then nodded and said, "Okay, I'll call Teacher Luo and you can ask for sick leave."

At this stage, it’s really not a big deal to avoid the freshman military training.

The next moment he spoke, "Since you have asked for leave and are not going to the military training, then during the military training period, you should not accept any commercial performances. If the matter gets out of hand, you will become the target of a scandal."

During the Olympic period, Zhong Miaomiao became more and more popular, and she received more and more commercial performances from Starfire, whether she continued to sing songs such as Starry Sea or the new song The World Is So Big.

The highest single-person quotation is already 50 per time, and it’s for a commercial performance in a bar. The image of the bird of good news is so festive.

The price of invitations to be guest performers at concerts by veteran big-name singers has also risen to 100 million per performance, and this is for Zhong Miaomiao alone.

This is different from the previous big singers who were invited to perform at concerts, which also cost 51 million... At that time, the three of them sang for free, which ignited the new song "Stars and Sea", which was in line with the theme of the Olympics. Now the Olympics are over.

And the price is super value!

Zhong Miaomiao, Gu Jingjing and Wang Manni were also invited. After all, Wang Manni and Miaomiao were filmed together in the MV "The World Is So Big".

There are more business collaborations and she has more freedom in choosing, but her image cannot be ruined. If something really gets out, she will take leave to avoid military training and go out to make money.

Even if everyone knows about the military training in college, it will still ruin their image.

Wang Manni nodded repeatedly, "I will definitely hide. Sister Jingjing also won't let her go out to make money, lest someone makes a mistake."

Wang Chengguang nodded, "By the way, don't go home yet, go to the area near the International Trade Center, I have an appointment to discuss business."

Although he stayed up late, he didn't feel tired at all. After all, he started to only have deep sleep for two or three hours a long time ago, and he was still energetic the rest of the time.

The business arrangement this time is to meet Mr. Wang from DJI and Mr. Wang’s good friend Mr. Lu. He asked Shao Anna to look up information and make the appointment more than ten days ago. How can they meet today after the Olympics?

The other party also came to watch the Olympics, but arrived later.

Half an hour later, in a first-floor coffee shop near Guomao, Wang Chengguang and Wang Manni walked in together. After taking a few looks, they soon saw a young man in his twenties or thirties, dressed casually and with a tech geek vibe. Next to him was a middle-aged man.

It was DJI CEO Wang and his good friend Lao Lu. It is amazing to say that when Lao Wang started his first business in 2006, he and a cashier were the only ones left in the company when it failed the most. The others all ran away and sold everything they could take away.

At the most critical moment, Lao Lu took out 9 US dollars to help. From then on, Lao Lu not only held a 16% stake in DJI, but also served as the financial director.

By now in 2008, DJI has become relatively stable.

The mature model aircraft unmanned helicopter flight control system they developed has been able to generate profits for DJI. The profit is not much, but it has laid a profit foundation...even if even in a few years, the whole world will still think that this is a toy company.

Wang Chengguang stepped forward and held out his hand with a smile, "Are you Mr. Wang and Mr. Lu from DJI? I am Wang Chengguang, and this is my business card."

"I have entrusted Mr. Shao from the Hong Kong-based Jiahui Global Investment Group to meet with you to discuss business."

When he handed out two business cards, Mr. Wang and Lao Lu both politely took them. Looking at the string of CEO titles and the Spark Group...the two men, who were older than Wang Chengguang, were still dizzy.

When they were initially invited by Shao Anna, who said that Mr. Xinghuo Wang wanted to invest, they thought they had encountered a scammer.

They are a small workshop of a toy company...

Wang Manni ran to order coffee. Wang Chengguang invited the two to sit down again and said with a smile, "If you have time, you can come with me to visit the Spark Media headquarters later."

“I invited you here because I think your DJI innovations have great development prospects, and I want to work with you and make progress together.”

As he was explaining, Mr. Wang and Lao Lu were listening attentively and looking at each other in bewilderment.

This is Xinghuo. I am very optimistic about their toy workshop? Drone model airplanes.

When the coffee was served, Mr. Wang glanced at Lao Lu, who coughed and smiled, "Thank you for your appreciation, Mr. Wang. I am really flattered. After all, you are the one that Xiao Ma has visited many times to raise funds for Xinghuo..."

Isn’t Pony Ma the ultimate idol for countless entrepreneurs in Shenzhen?
After being polite, Lao Lu asked curiously, "I wonder how much capital Mr. Wang wants to invest and how much equity he wants?"

Wang Chengguang was sincere, "I can invest 30 million yuan, %, and promise that I will not interfere with the company's development on a daily basis."

Ten million RMB is now the cash flow that he can easily draw from various popular games.

August hasn't even ended yet and the monthly gross profit has already reached 9000 million.

He would not expect to get 9% for $16 like Lao Lu, nor would he expect to get 10% like Mr. Wang's graduate student supervisor. To put it bluntly, he did not expect to make much profit from DJI.

And this is not the most difficult time for DJI, the most difficult time has passed.

His investment can at most accelerate development and allow Mr. Wang to have better conditions to engage in scientific research. Without his investment, it will just slow down the process.

In the next few years, Hongbin Capital will invest tens of millions of US dollars in DJI, but it will only account for 20%. The sincerity he has shown is very good.

Mr. Wang and Lao Lu were both ecstatic, but as they looked at each other, they still felt that they might have met a scammer. It was not that the other party's conditions were too harsh, but that he was too superior.

After looking at each other, Lao Lu spoke up, "In fact, Mr. Wang, at this stage, we at DJI don't particularly need external funds. How about this, if you want to invest, 500 million for 10%?"

Wang Chengguang smiled and said, "10% is too little, how about 15%?"

"Of course, I won't rush you to make a decision. You can take some time to think about it. After you finish this cup of coffee, I'll invite you to visit Starfire?"

Mr. Wang smiled politely and said, "Thank you, Mr. Wang."

Old Lu even raised his glass, "It's an honor."

They had considered this before they came. DJI is not in urgent need of external investment now, but if it wants to expand in the future and become bigger and bigger, it will definitely attract financing. Financing does not necessarily mean money, but also depends on whether the other party has the strength and energy!
The key is that Lao Wang absolutely does not want to lose control of the company.

Until the 20s, Wang’s controlling stake in DJI was always 45%!

Wang Chengguang was very sincere, and the two of them felt it. He only took 500% or 10% of the 15 million, which was much more friendly than the 70% of 16 US dollars, which was less than RMB, that Lao Lu took two years ago.

What’s more important is that Xinghuo Weibo is a super large platform. Big companies, even giants like Volkswagen and Midea Air Conditioner, have been cooperating with Xinghuo on advertising.

DJI wants to sell its products to make a profit, but what it lacks the most is such a large platform! DJI already has a profit point, but it sells less. Isn’t it just that it lacks promotional advertising opportunities on a large platform?
The two were still skeptical. Was this really Xinghuo's CEO Wang? Too young, too...

Mr. Wang clinked his coffee glasses with his own before asking curiously, "Mr. Wang, please forgive me. I have a very curious question. I wonder why you invested in DJI? What is your purpose? Are you just optimistic about our model aircraft toy company?"

Wang Chengguang smiled. "I am very optimistic about our arms group... well, I was wrong about the toy company. The world is becoming more and more developed, and model airplanes and aviation toys can enter thousands of households."

"This includes drone aerial filming by Hollywood film groups, and even during major natural disasters, there are drone workers doing their best to rescue people."

“This market is really huge.”

"I have invested in more than just your company... Just like SoftBank's Aberdeen, I am looking for various groups to invest in around the world. If I find Alibaba, I will be able to make a living without any effort."

Mr. Wang and Lao Lu looked at each other in bewilderment. What arms group are you talking about? It's so scary, how could they not know about it? They don't have any background, and they don't have anything to do with arms?
Fortunately, the following description is too normalized and commercialized.

………………

More than an hour later, Wang Chengguang ordered his secretary to escort the two core members of the DJI team out of the Guomao office building. Standing in the square and looking around, Mr. Wang looked at Old Lu and said, "Brother Lu, is it really Mr. Wang from Xinghuo Weibo who wants to invest in us?"

Lao Lu lit a cigarette, "So what do you mean?"

President Wang smiled and said, "As long as it does not affect my research and development and the company's control and operation, Xinghuo, which has a large platform and a large TV station for promotion, is indeed one of the best partners."

"Xinghuo has surpassed 1.2 million users, and several games are booming."

The investment of 500 million RMB is not so important now. The key is still the attributes and energy of Xinghuo Weibo.

Lao Lu nodded, "Is that 500% of 15 million, or 1000% of 30 million?"

Mr. Wang continued to smile happily, "Let's try to negotiate 1000% or 20% of the 25 million. Before we came here, we asked many people to inquire about the personality of the founder of Xinghuo."

"He seems to be very loyal and particular to his friends."

Old Lu rolled his eyes and said nothing. At their level, the information they could get was definitely just the basics. Even though he, Old Lu, was not only the financial director of DJI, but also an executive of other large companies, he was still far from Xinghuo.

Not enough levels.

But after visiting Xinghuo, they found that Wang Chengguang’s requirements for capital injection were not too demanding. In addition, Xinghuo’s Weibo was a large company, and Energy Network was really of high quality... Such high quality that they had never dared to even think about encountering it before!

Today's DJI is not the behemoth that will own thousands or tens of thousands of patents in ten years. It just has a relatively mature self-developed unmanned helicopter flight control system.

(End of this chapter)