Chapter 365: Revenue exceeds 100 billion, and Germination ranks among the top 100 in the world!
After returning from Xirang Technology, in the afternoon, Zhang Shuo presided over the Germination debriefing meeting.
The agenda of the meeting is very simple. The main purpose is for the heads of each subsidiary to give a simple work report, summarize the work results in 2012, and report on the work plan for 2013.
This is a disaster that no working worker can escape at the end of the year.
At the beginning of the meeting, Lu Qi, the rotating president, gave the group's annual summary report. "In 2012, the group is expected to achieve operating income of 115.84 billion, and the profit handed over to the parent company is expected to be 81.39 billion."
Because the accurate data for December has not yet been released, Lu Qi reported estimated data.
But it’s not that bad!
There is no doubt that this is a set of super eye-catching data.
You must know that the original Shikong Tengda's annual operating income in 2012 was 43.9 billion and operating profit was 15.48 billion. The revenue was only one-third of that of Suiya, and its profit was less than one-fifth of that of Suiya.
In this life, Tenda's 2012 financial report will only be worse than this.
In terms of operating profit, Sprout Group may even be the sum of Tengda, Ali, and Qiandu, making it a veritable super giant.
Of course, there are also some accidental factors here.
That is, Sprout's operating profit in 2012 included nearly 40 billion in abnormal income. After deducting non-normal income, the actual profit was reduced by half, to just over 40 billion.
The so-called abnormal income refers to income that does not occur often or does not occur every year.
including but not limited to--
12 billion in proceeds from the sale of 71 Assistant Motu Xiuxiu;
Weixin Traffic Portal received 13 billion from Ali and 10 billion in service fees from Qingcheng;
The investment income of 3 billion obtained from the transfer of Automobile Network shares.
etc.
This is why, even though Sprout Group only has a revenue of hundreds of billions, it has created profits of more than 80 billion, with a profit margin of an astonishing 70.3%.
Is it okay to defeat all companies in the world?
Even after deductions, Germination's profit is more than twice that of Tenda. This is the real reason why Zhang Shuo no longer regards Tenda as his number one competitor.
It has been crushed!
And with the budding development momentum, the gap between it and Tenda will only widen in the future.
If placed on the list of the world's top 500 companies, Sprout Group's non-profit deductions in 2012 would rank among the top 100 companies in the world, almost at the same level as PepsiCo and Cisco.
You can see how terrifying it is.
Before you know it, Sprout has already become one of the top 500 companies in the world.
And they are still among the best.
“In 2012, the group successively established subsidiaries such as Sprout Investment, Sprout Financial Holdings, Pinxixi Group, Mango Automobile and Daosui Group, and participated in investments in companies such as Huaxia Microelectronics, Walli Intelligent Manufacturing, Jingdong, etc., and jointly with Tenda
Preparations were made for the establishment of Weizhong Bank. The Germination Industrial Park was also developed from scratch, with the total number of employees exceeding 100,000..."
Lu Qi’s summary is very concise.
But every difference in expression represents a new change in the Sprout Group. Its business scope is getting wider and wider, its revenue and profits are getting higher and higher, and its influence and valuation have also skyrocketed.
no doubt.
Sprout Group is already one of the most highly valued unicorn companies in the world.
"Next year, while stabilizing the current fundamentals, the group will continue to increase investment in research and development and continue to make efforts in semiconductors, electric vehicles, e-commerce and other businesses."
Generally speaking.
There won't be any new business in Germination next year, and the overall goal is to expand the basic base.
Really want it.
It is estimated that we will have to wait until 2014 to open a new trend - short video business.
After Lu Qi.
Pei Weiping, President of Qingcheng Group, reported, "In 2012, Qingcheng Group, with the support of the parent company, successively merged with Moutuan and Tongcheng, and completed the B-round financing, which greatly improved the business layout in the local life service field. Next year, Qingcheng Group will
We mainly promote the three major business sectors of [Lifestyle], Qingcheng Bicycle, and Qingcheng Taxi."
Just last week, Qingcheng Group completed another tens of billions of capital increases.
It can be said to be very powerful.
Even the merger of Nomi.com and Dacong Dianping cannot shake the status of Qingcheng Group.
Of course, Qingcheng Group is not without its shortcomings. The biggest shortcoming is that next year, or even the next three or four years, it may not be able to achieve profitability and will have to maintain a loss-making state.
It needs continuous financing or relies on the parent company for blood transfusion.
"Talk about Qingcheng's R&D plans for next year." Zhang Shuo took the initiative to ask.
"OK."
Pei Weiping is not afraid, "Qingcheng's research and development is divided into two parts: hardware and software. In terms of hardware, it mainly includes environmentally friendly tableware, shared charging boxes, shared bicycle smart locks, smart screens, etc."
"The basic idea is to develop the second generation based on the first generation."
"For example, for environmentally friendly tableware, Qingcheng has developed a series of products such as paper straws, degradable tableware, and degradable plastic bags, but the practicality and economy still need to be improved."
"Shared charging boxes and smart locks also have similar problems and need to be continuously improved."
"In terms of software, the main thing is the optimization of the Qingcheng app. The optimization here is not simply about optimizing the UI interface, but mainly goes deep into the big data level."
"Qingcheng will strengthen sharing with the group's data center and work closely with the data center and Fertile Land Research Institute to deeply explore the application of big data in local life services."
"Give me a simple example."
"Through big data analysis, Qingcheng can accurately infer the delivery time of each dish in each restaurant. For example, Kung Pao chicken takes five minutes and steamed pork takes half an hour."
"By predicting the delivery time, we can accurately schedule the delivery time of the food delivery personnel at the store, and reasonably optimize the food delivery personnel's action routes to save time to the maximum extent."
“The optimization of Qingcheng app is also reflected in the application level.”
"For example, in the past, when consumers ordered food on the Qingcheng app, many of them did so over the phone, and restaurants also wrote orders by hand, which was prone to errors due to handwriting problems."
"Now, the Qingcheng app has implemented cloud printing function. After the consumer places an order, the menu will be simultaneously transmitted to the restaurant and the delivery staff, automatically winning the order and ensuring the accuracy of the order."
Even if it is a food delivery service, there is still high technology hidden inside.
"Using big data and allocating time rationally, I don't object to this, but there is one thing." Seeing that Qingcheng had a tendency to become a mold in the original time and space, Zhang Shuo had to stand up and remind him.
"Technology is cold, but people are not."
"Qingcheng can accurately calculate the meal preparation time and can reasonably plan the route for the food delivery personnel, but it cannot pursue the ultimate in efficiency and traps the food delivery personnel in the system's algorithm. It does not even consider weather, traffic lights, accidents, fatigue and other realities.
factors, constantly squeezing the flexible delivery time of food delivery personnel.”
“I don’t want to say that Qingcheng will eventually become a cold algorithm company.”
"this…"
"It goes against the original intention of establishing Qingcheng."
Zhang Shuo has always supported the application of big data. The group data center was established under his leadership, but what he insists on even more is——
"Technology is to serve people, so it should be for good, rather than having nothing to do with good or evil."
The so-called technology has nothing to do with good or evil.
It's just a set of excuses for a group of people who want to use technology to do evil.
"Ming, understand."
Pei Weiping and Wang Xin, the two leaders of Qingcheng, may have some misunderstandings, but they all secretly noted it down.
Du Qingqing, who was sitting not far away, heard Zhang Shuo's words and showed an imperceptible smile, "That's great. He has never forgotten his original intention."
My eyes felt a little blurry.
After Pei Weiping, Zhao Xiaohu, President of Qinghe Technology, reported.
"In 2012, with the strong support of the parent company, Tiantian Toutiao, a subsidiary of Qinghe Technology, was launched, Weixin Out of the Circle, Pangda Live, and Feixun successively completed A-round financing, and their market share steadily increased; Auto.com was successfully listed throughout the year.
It is expected to turn over a profit of 27.55 billion, successfully turning losses into profits."
Who would have thought.
Qinghe Technology, which was still losing money last year, actually created a profit of nearly 30 billion in one fell swoop.
This doesn’t include the hidden returns on investing in Winter Fright.
otherwise.
Qinghe Technology is even expected to surpass Jade Bird Interactive Entertainment and become the group's most profitable subsidiary in one fell swoop.
With the growth of Tiantian Toutiao, Panda Live, Feixun, Auto Network, Frog Browser and other businesses, Qinghe Technology is no longer a pure social network company.
Even if taken alone, it is a giant that cannot be ignored in the Internet industry.
The valuation easily exceeded 100 billion.
"Next year, Qinghe Technology will mainly make breakthroughs in two aspects. The first is to consolidate Weixin's position in the mobile social field. The main method is to add the [mini program] function to further improve Weixin's ecosystem."
As soon as [Mini Program] came out, Weixin was almost unbeatable.
"Second, we will continue to make efforts in Weixin payment and value-added services. In addition to increasing advertising on Tiantian Toutiao and Frog Browser, we will also experiment with advertising on Weixin official accounts and Moments."
"Strive for a monthly profit of over 500 million."
Zhao Xiaohu did not hide his ambition.
The profits discussed here naturally do not include Weixin traffic service fees.
Zhang Shuo frowned after hearing this, waved his hand and said: "I have no objection to advertising on Tiantian Toutiao and Frog Browser, but you must be careful when advertising on Weixin."
"My suggestion is that the official account can be used for testing, and the circle of friends is not needed for the time being."
He didn't want to say it.
Because advertising is placed in Moments, it affects the user experience.
Although this is very tempting.
Because the traffic of Weixin Moments alone is already over 100 million, even if you place some targeted ads very restrainedly, you can easily earn over 100 million per month.
But some trade-offs must be made.
"OK."
Zhao Xiaohu also readily agreed.
From the perspective of a product manager, of course he does not want to advertise in Weixin Moments, but the previous report was from the perspective of the president of Qinghe Technology.
You must show sincerity.
Now that this proposal was personally rejected by the big boss, Zhao Xiaohu breathed a sigh of relief.
"In addition, we cannot slack off in the research and development and update iteration of Frog Browser. Don't think that just because Frog Browser has become the default browser on Maili phones, you can sit back and relax."
Zhang Shuo does not want to say that Frog Browser will suffer the same fate as IE in the future.
Is it okay to close permanently?
The memory of a generation, or even two generations, ended like this completely.
After Zhao Xiaohu.
Du Ruiwen, general manager of Qingyun Data, followed up with a report, "In 2012, Qingyun Data completed the A-round financing, acquired Tubatu, launched the Blue Lake project, and successfully built the Southern Sichuan Big Data Center."
The overall performance can only be described as average.
Therefore, compared to Zhao Xiaohu's high spirits, Du Ruiwen seemed a little less confident.
"Next year, Qingyun Data will put more thought into commercialization." Zhang Shuo reminded with a smile.
The profit prospects of cloud computing are actually extremely broad.
Taking Tenda of the original time and space as an example, by 2021, business sectors represented by payment, cloud computing, and enterprise services have become Tenda's future strategic focus and growth engine.
The revenue ratio was once close to 30%.
Compared with Tenda's cloud services, Qingyun Data not only started early, but also has wide coverage. It is also more willing to invest in research and development. There is no reason not to do better than Tenda Cloud.
What's going on.
We must also go for the top three cloud service providers in the world.
Especially as the popularity of 4G networks accelerates, there are more and more areas where cloud computing can show its talents. Qingyun Data should shine brightly next year.
After Du Ruiwen.
Cao Yanhua, President of Jade Bird Interactive Entertainment, stood up and reported: "In 2012, Jade Bird Interactive Entertainment launched a total of 18 mobile games, including the stand-alone game "Dyson Sphere Project" and the PC game "Tianya Mingyue Dao", all of which performed extremely well. In addition, the sword has been updated.
The 2.0 version of Tower 2 successfully hosted the TI2 Global Finals."
"The research and development of the virtual engine has also made major breakthroughs and has been successfully used in "Tianya Mingyue Dao"."
Speaking of this, Cao Yanhua couldn't help but raise the corners of his mouth.
The lawsuit between Waniu and Tengda has not come to a conclusion yet, but there is no doubt that "Nine Yin Manual" has been severely damaged, and "Tianya Mingyue Sword" has been obtained for nothing.
"... Jade Bird Interactive Entertainment is expected to turn in profits of 39.15 billion for the whole year, including the proceeds from the sale of 71 Assistant."
no doubt.
Jade Bird Interactive Entertainment is still the most beautiful cub in Germination and contributes the largest share of profits.
But that may not be the case next year. Not to mention Qinghe Technology, which is watching eagerly from the sidelines, the mere existence of Maili Group is enough to suffocate any competitor.
"Next year, Jade Bird Interactive Entertainment will simultaneously develop its efforts in the three major fields of mobile games, client games, and stand-alone games."
When he said this, Cao Yanhua obviously lacked confidence.
Because in the final analysis, these exposed games of Jade Bird Interactive Entertainment are all backed by Zhang Shuo. If this layer is ignored, Jade Bird Interactive Entertainment will definitely be dim.
That's why some people say it.
The glory of Jade Bird Interactive Entertainment is actually just the glory of Zhang Shuo alone.
After the Fourth Youth.
Tang Xiang, general manager of Mango Motors, made the first report, with one key point: "Next year, the core work of Mango Motors is to launch the first test model - Mango m1."
This year and next, all the work of Mango Auto will revolve around the Mango m1.
I vowed to create the same miracle as Mai Li x1.
Although it is difficult.
First, when the MaiLi x1 came out, the concept of smartphones had already been implemented and the industry was maturing. The MaiLi
on the contrary.
The concept of electric vehicles is far from being popularized and is far from being recognized by consumers.
Even if the Mango m1 is amazing enough, it is difficult to say that it has gained market recognition in a very short period of time. At least in terms of sales, there is still a long way to go.
corresponding.
Once this road is opened, it will be a broad road.
The prospect is even more worth looking forward to than the Maili mobile phone.
Just look at BYAT. With its advantages in electric batteries, its market value has surpassed Volkswagen in one fell swoop and has become a pivotal presence among global car companies.
Not to mention Tessila, which ranks first in market capitalization.
"Mango Motors would be better off developing its own in-vehicle chip. In this regard, can we cooperate with Daosui Group?" Zhang Shuo asked a question.
"Yes."
Tang Xiang smiled and nodded, "We are preparing to reach strategic cooperation with Zhulong Technology."
"very good!"
Zhang Shuo was very pleased.
Although Zhulong Technology is no longer a wholly-owned subsidiary of Daosui Group, there is no need for Daosui Group to start a new business and form another team just because of this.
That layout is too small.
Following Tang Xiang, Lin Zhengdong, the president of Daosui Group who had just taken office, also made a brief report: "Thanks to the strong support of the parent company, in 2012, Daosui Group was first separated from Maili Group and then upgraded to
The group's subsidiary company established Zhulong Technology and successfully acquired Licheng Technology."
"Next year, the core task of Daosui Group is to ensure the smooth launch of the Zhulong chip."
"In addition, it is to complete the merger and acquisition of Japan Storage and reach a strategic cooperation with Jiangxia, with a view to achieving breakthrough progress in the fields of memory chips, hard disks and other fields."
Recently, Gu Mingzhang is investigating the conditions for Maili Group to enter the notebook computer market.
no doubt.
Daosui Group will be an important part of it.
Because Gu Mingzhang's research report has not yet come out, Zhang Shuo can't say much about Daosui Group's tasks for next year. He can only discuss it later.
Follow.
Du Qingqing, President of Pinxixi Group, also made a report: "Pinxixi is a new company just established this year. Thanks to the support of the parent company, it has grown rapidly."
When saying this, Du Qingqing obviously lacked confidence.
There is no doubt that Pinxixi Group is one of the many group subsidiaries under Sprout, which is the one that does not live up to its name. Not to mention that its business is still in the internal testing stage, and the market is also limited to Jiangcheng.
It's really hard to match the status.
But fortunately, Pinxixi’s development has been on the fast track.
"Next year, Pinxixi Group will take the modern logistics park as its main focus and expand its market to Jiangchuan Province, Xiangnan Province, Wannan Province, Jingchu Province, Shu Province and other places."
Wait until then.
By gaining a foothold in the central and western markets, Pinxixi has completely established its foothold.
The most important thing is that after more than half a year of testing in Jiangcheng, data has proven that Pinxixi's business model is feasible and has great potential to be tapped.
What follows is a crazy splurge of money.
"Next year, while Pinxixi is expanding its business, don't forget to support national fashion brands and crack down on fakes and piracy. These two areas must be strengthened simultaneously," Zhang Shuo reminded.
He didn't want to say that Pin Xixi ran too fast and sprained his foot.
"I see!"
Among the executives present, who understands Zhang Shuo’s business philosophy best?
That must be Du Qingqing.
Gu Mingzhang, President of Maili Group, made the final report: "In 2012, Maili Group successfully launched Maili x1 and successfully turned losses into profits. The results are gratifying."
He said it in an understatement, and others looked at him with suspicion.
"That's it?"
In fact, Gu Mingzhang did not write much about the results. He mainly talked about next year's plan, "In 2013, the core task of Maili Group is of course to launch Maili x2."
"In addition, it is to improve the mobile phone ecological chain and increase the autonomy rate."
"If conditions permit, we will focus on notebook computers, tablet devices and other fields to enrich the wheat product lineup and reduce the group's over-reliance on the mobile phone business."
This is enough for Versailles.
Overall, the statements made by each subsidiary were quite satisfactory.
No big surprises.
At the end of the meeting, Zhang Shuo made his final concluding speech, and everyone cheered up.
"I won't talk about the results. Everyone has said enough."
"Ha ha!"
All the big guys present also smiled knowingly.
"I will mainly talk about the group's work focus next year. The first thing is R&D."
Any time.
The importance of R&D to Zhang Shuo is always ranked first.
"The R&D budget in 2012 is 15 billion. According to the current momentum, it will barely meet the standard. Next year, I hope to say that the R&D budget will at least double to reach the level of 30 billion."
Original time and space.
Huawei's R&D investment in 2012 was just over 30 billion.
This means that three years after its establishment, Sprout will catch up with Warwick's R&D level. In the future, it will only increase investment in R&D to catch up with Warwick.
Target.
It has become the company that invests the most in R&D in the world, no one.
Because Germination can’t wait!
“These 30 billion R&D funds will be used not only for traditional fields such as mobile phones, electric vehicles, semiconductors, and cloud computing, but also for R&D investment in cutting-edge science and basic fields such as artificial intelligence, quantum chips, augmented reality, and big data.
Do it at any cost, regardless of reward.”
"To strengthen the layout of overseas laboratories, we must have a mind that is applicable to all corners of the world and not stick to China's identity, and set up laboratories in major scientific research bases around the world."
This is not Zhang Shuo's original creation, but there is precedent from Warwick.
There is no reason not to study.
There are indeed many universities in China and sufficient researchers, but after all, there are some institutional limitations, and not everything is the best.
No reason to say.
R&D resources placed overseas are not used.
"In addition to the research and development side, I would also like to emphasize once again the original intention of Germination, which is to be user-centered and use technology to change lives. All subsidiaries of the group, all product research and development, and all marketing planning cannot deviate from this original intention.
Otherwise, no matter how high the profit is, it is still a betrayal."
Sprout has grown to this day and is already a giant.
There are more than 100,000 employees, with offices located all over the world. As the head of the bud, Zhang Shuo can no longer make more detailed requirements for specific business.
All we can do is continue to emphasize corporate culture.
What I worry about is that as the company grows and develops, it loses itself and forgets its original intention.
This is the scariest thing.
Therefore, Zhang Shuocai has to emphasize this point over and over again, making sure that the executives present here keep in step with him in terms of values.