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Chapter 619 Precipitation Period

 The second half of 1999.

Big and small things happen all the time.

The twentieth century is coming to an end, and people are already looking forward to the arrival of the twenty-first century.

At the end of September, talk about the "Millennium Bug" crisis was rampant.

This crisis is also known as the "computer year 2000 problem". The main reason is that computers only use two decimal digits to represent the year. Therefore, when the system performs cross-century date processing operations, erroneous results may occur, leading to various problems.

Various system dysfunctions or even collapses.

This seemingly inexplicable statement successfully caused some investors to withdraw their capital and leave, and Nasdaq also fell slightly.

Su Yehao had some impressions of this incident. Having experienced this period of history personally, he just thought it was quite ridiculous.

While he disagreed, he felt that the fundamental reason why this small storm would affect the stock market was that Nasdaq had been in the bull market for some time. Investors gradually realized that the stock price was artificially high, and market confidence began to waver.

Only one emoji group under him went public, and its stock price slowly rose. In early October, the total market value successfully exceeded US$11 billion.

This means that even if only this part of the assets is calculated, it is worth more than eight billion US dollars.

The squeeze is just an inflated value of water.

Yanwen Group just went public in April this year, and the lock-up period for the original shares has not yet ended. Su Yehao just wanted to have fun with it, living the addiction of being a member of the billionaire club, and did not dare to treat the bubble as money.

To avoid heartache in the future.

However, he successively cashed out his previously invested stocks in Amazon, Oracle and other companies, once again bringing him more than 1.63 billion US dollars.

The newly deflated small treasury has once again exceeded the 20 billion Hong Kong dollar mark.

Until mid-October.

Except for leveraged stock options and futures, he completely emptied his financial management account. The daily trading volume in the market is still very large, and the cash-out process is quite smooth.

With this part of the assets secured, the next market trend will not have much impact on him.

The capital used to increase leverage was only about 400 million US dollars invested in total, and was handed over to Japan Daiichi Quangye Securities to help manage it. It was a small gamble, and even if it was all lost... it would only be a little painful.

Mainland China.

I don’t know where the news came from that Microsoft’s Windows 98 operating system actually had a backdoor and was shared with the U.S. intelligence agency.

In addition, at the beginning of the year, the Intel Pentium III processor also had a dark history of setting a serial code to identify the user's identity, which successfully made the official pay attention to the field of network security.

This thing has been fermented.

Mr. Ni, who has always advocated self-research and development of operating systems and chips, came into the attention of the above. Not only did he receive 200 million yuan provided by Su Yehao, but he also secured new topics and research and development funds, and was hired by the University of Science and Technology of China.

Wearing this vest saves Su Yehao a lot of trouble.

...If something is really researched in the future, it will be the credit of the University of Science and Technology of China. What does it have to do with Mr. Su?

It is worth mentioning that.

On the first day of October, when Su Yehao accompanied his father to watch the ceremony in Forty-Nine City, the Internet charges in the Mainland were cut again that day, almost in half.

This resulted in Huang Diamond Computer's products instantly opening up new markets. With high quality and low price, as well as professional game models, they suddenly became popular in the eyes of customers.

Huang Diamond Computer Store has only opened in eight cities now. It is said that some merchants go there specifically to purchase goods in bulk, and the retail price is cheaper than the price they get from Liangxiang agents.

The scalpers now have the motivation to make money and spontaneously promote Huang Diamond Computer.

Throughout October, total sales reached 32,000, nearly half of which were official purchase orders.

With the help of Pengcheng, a special document was issued to organize hundreds of units and schools to conduct a unified bidding. A total of 14,000 computers were released. It was like a tailor-made bidding fair for Su Yehao's Yellow Diamond Computer.

.

Not only that.

In the name of promoting the development of the Internet and stimulating consumption, it also provides a 5% consumer subsidy for computers priced below 7,500 yuan. The price is quite targeted.

In fact, this is about supporting local businesses.

The amount of investment Su Yehao made in Pengcheng was so staggering, and based on humanistic considerations, the local government naturally had to take action. Unfortunately, the 5% consumption subsidy can only be purchased with the local household registration book in Pengcheng, and each household is limited to one unit.

Even so, the production line of Huang Diamond Computer is kept running day and night. After all, it is a new company that has just been established, and the production capacity cannot be increased. There is a long row of trucks parked on the roadside in front of the company, all waiting to receive goods...



————————————

November.

Su Yehao accompanied Yin Liuli to a trip near Kanas, where he was busy with charity and tourism. When he left, he donated 30 million yuan to the Hope Project to renovate and build teaching buildings in the surrounding area.

In the middle of the month, I accompanied Nangong Tian and Jiang Yu to an island in the Maldives for vacation, and by the way, I took Tang's mother with me, who was taking a break from her busy schedule.

Regarding these two "daughter-in-laws", Su Yehao's mother has watched them grow up.

This mother had double standards and couldn't stand what Father Su was doing. However, she was delighted that her son was so capable. She even talked about having children in private because other people's grandsons were very lovable.

It doesn't matter if Su Yehao is thick-skinned.

Nangong Tian and Jiang Yu were restrained. They always felt that there was something strange about this trip and it was difficult to let go and enjoy themselves to the fullest.

At the end of November, we parted ways in the Maldives, and Su Yehao went to Silicon Valley to stay for more than ten days.

News MicroBlog, the international version of Weibo, has been online for two months, and the number of active users has quickly exceeded 350,000. Compared with the two products ICQ and TVT, News MicroBlog covers a wider social scope. In 1999, it seemed to belong to a group of companies.

New trend.

The Kaomoji Group that promotes it has successfully built a reputation for supporting third-party companies, and has benefited a lot from it. The advertising price on the platform has reached a new high, and it turned a profit that month, allowing the Kaomoji Group to make a small profit of more than 4 million yuan.

Dollar.

Countless brick-and-mortar companies are expanding their business online, and the promotion effect of the Kaomoji Group is extremely good. Even luxury goods companies such as Rolex, Dior, and Chanel have spent money on advertising space in an attempt to attract traffic and promote their official websites.

.

It can be seen that the previous idea is not wrong, and selling advertising is indeed very promising.

Various projects are developing in an orderly manner. Although Su Yehao is not idle, he can't be said to be very busy. He stayed in Silicon Valley and led Google's financing. His shareholding ratio was reduced to 75%, and a total of US$500 million was raised.

.

As a result, Google and the Kaomoji Group have the capital to survive the winter.

On December 6th.

Su Yehao took a plane back to Hong Kong City, and sitting opposite him was a gentle old man who was abducted by him.

The other party's name was Lin Baojian. He had been in contact with Su Yehao's people many times, and finally agreed to go to Hong Kong City to develop and be responsible for the demonstration and research and development of a new generation of lithography machines.

In fact, due to language communication barriers, Lin Baojian wanted to return to Taiwan to retire and agreed to TSMC's invitation.

However, Su Yehao gave too much, and his money-making ability worked again.

In addition to a billion US dollars in R&D funding over ten years, he also offered an annual salary of US$2 million, which is more than five times Lam's current salary and three times the salary offered by TSMC headhunters.

Not only that, once the research yields results, Su Yehao also promised to give him a mansion worth more than 40 million Hong Kong dollars, which is Nong Qingying's penthouse suite in Shangfeng Sheungshui Community, and temporarily provide it to Lin Baojian for free.

It can be said that it kills two birds with one stone. It not only prevents Nong Qingying from moving back, but also attracts talents to join...


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