There was no point in hiding it, so Zhang Yida simply asked the company to organize a press conference, inviting many traditional and new media, and prepared to officially announce the merger of Ruixiang and Zhonghe Group at the press conference.
The media who received the invitation letter vaguely heard some rumors and felt that something major had happened, so they sent out their own company's capable personnel.
The huge conference hall was packed, with hundreds of reporters sitting in the audience and setting up long guns and cannons.
The stage, including the huge LED screen, was all pitch black. There were no slogans, no introduction to the meeting, nothing.
The reporters were whispering in the audience and chatting with familiar colleagues.
"What big news do you think there will be? It's so mysterious!"
"I think Ruixiang Group is going to announce its listing!"
"But what does it have to do with Zhonghe Group?"
"Zhonghe Group is also going to be listed!"
"Oh, that makes sense."
…
Suddenly, the lights on the stage came on, and Zhang Yida walked from behind the scenes to the stage with a smile.
The LED screen behind him also lit up, and a long series of big characters "Xinrui Xiang Group Founding Conference and Pre-IPO Financing Press Conference" were very conspicuous.
Normally, reporters would focus on Zhang Yida, a young entrepreneur.
But now, all the attraction is attracted by the row of big characters at the back.
"Xinruixiang Group? What does this mean?"
"I understand Pre-IPO financing, which is pre-IPO financing. After raising this round of capital, it should be listed!"
…
The reporters were a little out of sorts and chattered incessantly in the audience.
Zhang Yida wore a headset and his loud voice echoed through the conference hall.
"Everyone, be quiet. If you have any questions, we will answer them one by one later!"
Hearing Zhang Yida's voice prompt, the scene slowly became quiet. Everyone focused on the tall and handsome figure on the stage, wondering what he would say.
Zhang Yida pressed the controller button in his hand, and a set of photos appeared on the LED screen.
In the small office, every face is still childish, but full of positive, optimistic and sunny smiling faces...
Seeing these old photos from five years ago, Zhang Yida was also very emotional and said: "This is the Ruixiang Group five years ago. The office in the picture is the Mass Entrepreneurship Center of Peking University.
At that time, more than a dozen people in our company were huddled in the entrepreneurial incubator to make products..."
The reporters in the audience were very impressed after seeing this. No matter how big or powerful the giants are, they are no exception. They all started from humble beginnings.
Garages, private houses... are all the birthplaces of these companies.
Those who can work in the villa only have some energy from their parents.
Ruixiang is the latest to be established among the large and small giants in China with a valuation/market capitalization of tens of billions of dollars or more.
It is one year later than Toutiao and Didi, but its development speed is not weaker than the former two.
Zhang Yida could see all the expressions of surprise or emotion in the audience. When he founded Ruixiang, he never imagined that it would reach the point where it is today.
Driven by the general trend, he either takes the initiative or is passive, moving forward step by step...
Then a photo appeared on the stage, and the reporters in the audience couldn't help laughing.
Xu Xiaoming gestured like a pair of scissors and stood at the front desk of the incubator. Mixed among a group of young people in their early twenties, he looked like an old naughty boy.
Zhang Yida introduced with a smile: "This is a photo taken by Teacher Xu Xiaoming with our team when he came to Ruixiang for inspection.
Teacher Xu is a good mentor and friend who gave me and my team a lot of support and encouragement on our entrepreneurial journey.
But when he decided whether to invest in us, he was very hesitant because he thought we were too young.
I asked him if he knew Zagberg.
He said he knew and asked me if I wanted to be the next Zuckerberg.
I said I don’t want to, he is him, I am me, and I will surpass him.
Fortunately, Teacher Xu is generous and willing to give young people opportunities and does not treat me as a lunatic."
As he spoke, Zhang Yida glanced towards the audience where Xu Xiaoming was sitting.
Xu Xiaoming smiled all over his face and was very satisfied with Zhang Yida's business exchanges.
Zhang Yida played the next set of photos, which were taken after Ruixiang moved into the office building.
He smiled and said: "After receiving Series A financing from Blackshirt Capital and Zhenke Fund, we moved into an office building and the company started to get on the right track."
Then, it acquired Mobao Pay, promoted mobile payment, expanded its business overseas, and established e-wallet subsidiaries in various countries...
Showing old photos one after another, Zhang Yida showed the struggling years of Ruixiang Group before everyone's eyes.
While demonstrating, Zhang Yida also narrated some short stories on his entrepreneurial journey, which were either humorous or passionate, making a group of reporters laugh at one moment and sigh with emotion at another.
Reporters finally understood why it was Ruixiang and not other companies that broke through the blockade of the two giants Penguin and Ahri.
There is no luck in any success. From their point of view, or from the perspective of hindsight, every step taken by Ruixiang has stepped on the rhythm of the times.
Whether it's the army of college students pushing or the interactive red envelopes during the Spring Festival Gala, every drop that Ruixiang makes is the finishing touch.
Zhang Yida began to introduce Zhonghe Group again. Compared with Ruixiang, this company can be called the rich second generation born with a golden key.
Pinduoduo cooperated with Pinduoduo to explore a successful C2M model, from which hundreds of millions of people benefited.
Place an order through Pinduoduo Group, and the order will be transferred to Pinduo Factory, which will ship the goods directly, with no dealers making the difference.
Zhang Yida said with a smile: "The public has never had a good impression of Pinduoduo. In fact, this is caused by the inherent psychology of "cheap, no good".
High-cost products use better materials, I won’t deny this.
But low-cost products do not mean they cannot be used. The main selling point of Pinduoduo is its affordability and economy, and we will continue on this path unswervingly."
The big screen screen switched, and there were scenes of farmers broadcasting live in their own orchards and vegetable gardens.
Zhang Yida introduced with a smile: "This is a national-level poverty-stricken county. Farmers are often worried about fruits and vegetables rotting in the fields without anyone coming to harvest them.
Now Pinduoduo has launched a live-streaming project to help farmers, teaching farmers how to do live-streaming e-commerce and opening up online sales, which has greatly changed their lives."
The reporters were in awe. They had always heard that Pinduoduo was engaged in "markets outside the Fifth Ring Road", but had no specific information.
I didn't expect you to be so hardworking and have such a positive side. We all blamed you wrongly.
After introducing Pinduoduo, Zhang Yida then introduced Douyin.
The focus is on Musical.ly, which shows the popularity of this product abroad through several groups of videos shot by foreigners.
Of course, Zhang Yida also moved out the global map showing the blips of active users that Zhang Yida asked the people below to painstakingly create.
Looking at this map that illuminated most regions and countries around the world, the reporters were surprised and finally understood the extraordinary nature of the Xinrui Xiang Group.
They all started taking photos, thinking of using this photo as the cover photo for a news release.
"The development direction of Xinrui Group is to become a global technology company, and its long-term goal plan for the future is: 75% of users come from overseas, and 75% of revenue comes from overseas!
It’s not just about launching one or two products overseas, or setting up a laboratory or office, and it’s called a global technology company.
What we need to do is to truly open up overseas markets, so that the number of users and income from overseas is higher than domestic..."
After hearing Zhang Yida's bold words, reporters quickly recorded the video and took notes.