I'm in the county town, and you say I'm a big shot?

Chapter 627 The regulatory authorities are also keeping a close eye on you.
Fang Qingye arrived in Yanjing around 4 p.m., where ByteDance CFO Wang Yu personally greeted her at the station.

Wang Yu is ByteDance's CFO, but he was sent by Topway Technology and his personnel file is still with Topway.

When ByteDance was founded, Fang Qingye sent him directly from Huacheng Company in Nanxin to ByteDance. Four years have passed in the blink of an eye. ByteDance has grown stronger and stronger, and Wang Yu is no longer the decadent young man who failed to graduate because of playing games. He has become a senior executive of ByteDance.

I got married last year and settled down in Yanjing.

He was also a fellow alumnus of Fang Qingye's university, Shencai University, so he spoke casually. Upon seeing Fang Qingye, he smiled and said, "Boss, everyone has been eagerly awaiting your arrival."

"Look at you," Fang Qingye said with a laugh, "The sky isn't going to fall down."

"Actually, I'm not afraid. Anyway, with you as the boss, it's Zhang Yimin and the others who are worried."

"Alright, let's not talk about this anymore." Fang Qingye changed the subject: "Let's go back to the hotel first, I'll rest for a bit, and I'm treating everyone tonight."

Wang Yu was somewhat surprised to hear this.

"Didn't you refuse to have a welcome dinner with Yimin? Are you going to treat us?"

"What's the point of inviting our own people?" Fang Qingye glanced at him.

"I'll invite a friend."

Seeing that Fang Qingye didn't say anything, Zhang Yimin didn't press the matter.

Curious, I wondered who Fang Qingye was going to invite.
We got into the Audi and headed straight for the city.

This time, Fang Qingye asked Wang Yu to book the Yanjing International Hotel for her, which is very close to Tiananmen Square.

Fang Qingye didn't actually want to see the flag-raising ceremony; she had other intentions.

After arriving at the hotel and settling into her accommodation, Fang Qingye instructed Wang Yu to go back and pick her up at eight o'clock the next morning.

Fang Qingye was staying in a suite. After quickly unpacking his luggage, he took out his phone and dialed a number. He was calling Director Zhou from the Ministry of Commerce.

The call was answered shortly, and Director Zhou's voice came from the other end of the line: "President Fang, hello, have you arrived in Yanjing?"

"Yes, I'm staying at the Yanjing International Hotel. Are you free tonight? I'd like to treat you to dinner."

"Hehe. You want to ask me about the thing you wanted me to find out, right? Okay, I'm free tonight. It's been a long time since we last met, let's chat."

"Okay, let's put it at the Yanjing Hotel. It's close to your workplace. I'll book the private room and send it to your phone."

"Ok."

After Fang Qingye finished her phone call, she called Yue Kai, who lived next door, over.

"Yue Kai, go to the hotel and book a private room for us to eat Tan Family Cuisine. It's just for two people, so we don't need too much food. We'll order the restaurant's specialties."

Yue Kai knew that Fang Qingye was inviting people to dinner, so he didn't ask any questions, agreed, and turned to leave the room.

Fang Qingye changed her clothes, brewed herself a cup of Wolf Mountain tea that she had brought with her, and sat on the sofa to slowly drink it.

The purpose of my visit to Yanjing to invite Director Zhou was twofold: firstly, to catch up, but secondly, and more importantly, to discuss the crisis ByteDance is currently facing.

The lawsuits filed by media outlets such as the Huacheng Daily and the Beijing News were not a big deal to Fang Qingye; what he cared about was the actions of the regulatory authorities.

A single official document can often wipe out an entire industry!
ByteDance is currently involved in a content dispute, which falls under the jurisdiction of the State Administration of Radio and Television. However, Fang Qingye does not know anyone at the State Administration of Radio and Television, so a few days ago she called Director Zhou to ask if he could find out the attitude of the relevant leaders of the State Administration of Radio and Television towards this matter.

I'm treating everyone to dinner today because I want to get some information.

At six o'clock in the evening, Fang Qingye went to the private room on the third floor. Ten minutes later, the door opened and a waiter led in a middle-aged man, who was Director Zhou.

"Director Zhou, please have a seat," Fang Qingye greeted him warmly. "It must be cold outside, have some hot tea." Fang Qingye poured him a cup of tea very attentively.

Director Zhou took off his down jacket and hung it on the hanger, picked up his teacup and took a sip: "This doesn't seem like the complimentary tea at a hotel? Is it Da Hong Pao?"

“Yes, I brought it from my hometown,” Fang Qingye said.

"It feels good to drink this on such a cold day."

The two sat down, and Fang Qingye immediately called the waiter to serve the dishes.

Braised shark fin, clear soup bird's nest, abalone in oyster sauce. The dishes are few but exquisite, all representative dishes of Tan family cuisine.

Fang Qingye then asked the waiter to bring her a bottle of 15-year-old Feitian Moutai.

Seeing Fang Qingye serve the wine, Director Zhou smiled and said, "President Fang, I remember you don't drink."

"Since I'm in Yanjing, I should naturally have a couple of drinks with Director Zhou." Fang Qingye smiled and picked up the wine dispenser to fill the glass for him.

The two chatted over their meal and soon the topic of ByteDance being sued came up.

“Mr. Fang, I know a director at the State Administration of Radio and Television who is an alumnus of our school. I took the opportunity to ask him about this matter. He said that the State Administration of Radio and Television is also paying close attention to the lawsuit filed by Huacheng Daily against ByteDance.”

"Keep a close eye on it?"

"Yes. As you know, Mr. Fang, the country's management of the Internet is relatively lenient, mainly because many new technologies and concepts have emerged. For example, there is no clear consensus on whether ByteDance's use of web crawler technology to reprint articles, including those from Huacheng Daily, constitutes infringement. Therefore, the State Administration of Radio and Television will not easily express its opinion on this matter."

oh.
Fang Qingye let out a long sigh of relief.

As long as the higher-ups don't interfere, it's fine.

"However, Mr. Fang, I suggest you resolve this as soon as possible. As far as I know, they are working on drafting guidelines on how to adjust the interests between traditional and emerging media, especially regarding copyright disputes. If you can resolve this matter satisfactorily, it will provide them with a basis and direction for drafting the guidelines, which I think will also benefit ByteDance's future development."

Director Zhou spoke in a very veiled manner, but Fang Qingye heard it very clearly.

The relevant department leaders are now watching how you resolve this.

If the solution is handled well and both parties are satisfied, then your solution approach and methods can be elevated to industry standards!
From now on, everyone involved in internet content distribution should follow ByteDance's approach!
This is a big deal!
Upon hearing this, Fang Qingye quickly assured him, "I understand. Besides attending the shareholders' meeting, my main purpose in coming to Yanjing this time is to resolve this matter. I will definitely handle it properly."

"Hehe, I believe in Mr. Fang's abilities."

"Thank you for your help. Let me toast you." Fang Qingye raised her glass.

After finishing their business, the two chatted about other things, and the dinner ended around eight o'clock.

Director Zhou called a designated driver to take him home, and Fang Qingye also returned to her room drunk.

I was planning to call Bai Ou to chat and talk about today's dinner, but I ended up feeling incredibly dizzy.

Forget it, I'll go to sleep and talk about it tomorrow.

The next morning, Fang Qingye got up at seven o'clock and went to the restaurant with Yue Kai for breakfast. The Audi from yesterday was already waiting at the restaurant entrance.

After finishing their meal, the two got into their car and headed straight for ByteDance's headquarters.

ByteDance is located in Zhongguancun Innovation Park in HD District. As soon as Fang Qingye entered the company gate, she saw Zhang Yimin hurriedly come down to greet her with a solemn expression.

"Chairman Fang, breaking news: Sina Weibo has decided to withdraw from this round of financing."

(End of this chapter)