I can become stronger by paying salaries. I have one billion employees!
Chapter 402 200x Investment Return! Chen Yansen: I came to Shenzhen just to show off!
Chapter 402 200x Return on Investment! Chen Yansen: I came to Shenzhen just to show off!
The following morning, at the Wuzhou Hotel.
In the nearly 2,000-square-meter conference hall, an LED lighting system is suspended from the ceiling, casting soft and bright light that meets the lighting needs of the venue without being too bright for the attendees.
An entire background wall is completely occupied by an LED screen, with the text "IT Innovation Drives Human Progress" appearing on the azure screen!
The conference tables and chairs are arranged in a neat circle, with meeting materials, notebooks, pens, and wireless microphones for participants to ask questions and speak at any time.
A tea break area is set up in the corner, offering snacks, drinks, and fruits.
Electronic posters hang on the surrounding walls, displaying in real time the latest technologies and innovations in the IT industry over the past year.
The technologies showcased by Senlian Capital, including electronic waybills, Orange Z1 instruction set, Aurora Future OS, social e-commerce, and recommendation algorithm engines, are all included in the presentation.
The opening ceremony was scheduled for 9:00 AM, and Chen Yansen arrived at the venue 20 minutes early.
As soon as he got out of the car, a flurry of camera shutters clicked from the reporters' ranks.
Compared to Ma, Ma, and Li, Chen Yansen is the youngest, most commercially successful, and most outstanding in appearance among the 'BATS'.
Standing at 1.86 meters tall, he was tall and imposing, and his indigo blue suit made his figure appear even more slender and handsome.
Previously, some media outlets touted Li Yanhong as the most handsome entrepreneur in the internet industry, but as Chen Yansen rose to fame, such claims gradually disappeared.
Where do you get the courage to compare your looks with Mr. Chen?
With 6000 million followers on Weibo, 2900 million followers on Toutiao, and over 3700 million overseas followers, he has graced the cover of Time magazine, and even video bloggers on Facebook and YouTube consider him a key to gaining popularity.
Chen Yansen's interview videos on "Dialogue" and "Elite Distance" have garnered over 1000 million views on YouTube, making him undoubtedly one of the most dazzling young entrepreneurs in China.
"Boss!" Cao Dahua stood on tiptoe, waved, and jogged over to President Chen, greeting him with a broad smile.
He knew very well that without Chen Yansen's help, he would never have had the chance to receive an invitation to the 'IT Leaders Summit', let alone be in the same room with a group of industry leaders.
Chen Yansen patted Lao Cao's round belly and teased, "Remember to exercise when you have time; your belly is so big it looks like you're pregnant."
"Hey boss, I've lost so much weight. When I went home last time, my mom almost didn't recognize me."
Cao Dahua shamelessly boasted.
"Alright, go in first." Chen Yansen rolled his eyes at him and said with a smile.
"Old Gao, General Manager Liang," Cao Dahua greeted Gao Weilin and Liang Bo.
“President Cao, you can call me Dylan,” Gao Weilin retorted with a dark face.
"Okay, Lao Gao." Cao Dahua nodded seriously.
Chen Yansen shook his head and walked towards the conference hall. Cao Dahua quickly followed.
Gao Weilin, Liang Bo, and Chen Jie followed closely behind.
Upon reaching the registration area at the entrance, Cao Dahua's eyes lit up. He tugged at Chen Yansen's sleeve and pointed to two people not far away.
One of them was in his early forties, wearing a white shirt and a light gray jacket. He wasn't old, but he had about 30% gray hair at his temples. The other was around thirty years old, dressed as an assistant, and stood to the right and behind the former.
"People from the Central Secretariat?" Chen Yansen asked in a low voice.
“Yuan Ruili, and next to him is his secretary Lu Ran. The Orange Mobile Phone Factory has relied entirely on her help this past year,” Cao Dahua explained.
Chen Yansen responded and stepped forward.
Yuan Ruili was talking to Wu Ying when he caught a glimpse of Chen Yansen striding over. He quickly showed an apologetic expression and went over with his secretary.
"Mr. Yuan, hello! Thank you for your continued support of Orange Mobile Phone Factory," Chen Yansen said with a smile.
"The 30,000 frontline workers and R&D engineers who pay social security have an annual salary expenditure of over 3 billion yuan and a production capacity value of over 50 billion yuan. I am not targeting anyone personally, but the Orange Mobile Phone Factory has made a contribution to Shenzhen."
Yuan Ruili extended his right hand and praised without reservation.
"Mr. Yuan, you flatter me," Chen Yansen said modestly.
As for people like Meng Yuanzhi and Yuan Ruili, just listen to what they say, don't take it seriously. If you can create results for them, they will treat you kindly; otherwise, they will show you a different face.
Chen Yansen has seen and heard so much that he is already immune to it.
“But there’s one thing I’m very unhappy about,” Yuan Ruili said with a stern face.
Chen Yansen knew what the other party wanted to say, but he could only pretend to be ignorant and asked with a puzzled look, "Please enlighten me, Mr. Yuan."
"Why did Orange Mobile choose Luzhou for its No. 5 factory? The hourly wage for workers is the same, so your labor costs have not been reduced. If you are worried about land policies and tax incentives, just say so."
Yuan Ruili's expression changed from gloomy to sunny, and she asked reproachfully.
"The main consideration is that Luzhou is located at the junction of the north and south, with well-developed railway and highway transportation routes, which can shorten the supply interval to the northern market and improve the efficiency of goods circulation."
Chen Yansen replied seriously.
"So, when it comes to expanding production capacity and adding new production bases, shouldn't it be Shenzhen's turn next?" Yuan Ruili pressed.
"The probability is very high." Chen Yansen smiled gently.
He's the type who won't act until he sees a clear benefit; Yuan Ruili thinks he can get Senlian Capital to invest more just by talking?
no way!
To keep Orange Mobile's No. 5 factory in Luzhou, Meng Yuanzhi contributed both money and effort.
"Is Mr. Chen free tomorrow night?" Yuan Ruili asked.
With his experience and emotional intelligence, he naturally understood Chen Yansen's subtext.
What businesses are asking for is a stable and fair business environment, lower tax and fee policies, and subsidies for industrial land. Can't Shenzhen offer the same conditions that Luzhou can offer?
joke!
When it comes to attracting investment, Shenzhen is the most daring!
“Since Mr. Yuan has invited me, I am of course available,” Chen Yansen readily agreed.
It's good to talk; maybe there will be some unexpected surprises?
Just then, another commotion came from outside the door.
Chen Yansen turned his head and saw that Ma Wenteng and Ma Liyun had walked in together. The founders of Tencent and Alibaba made their appearance at the same time, instantly becoming the focus of media attention.
As soon as Little Ma saw Chen Yansen and Yuan Ruili, he quickened his pace and strode towards them, leaving Ma Liyun behind in the blink of an eye.
Old Ma chased after him for a couple of steps, then realized his legs were too short to keep up, so he stopped and accepted the reporter's interview.
“Mr. Yuan, President Chen,” Ma Wenteng gestured.
After saying that, he pulled Wu Ying, who was standing next to him, and introduced him: "Mr. Wu, this is Chen Yansen of Senlian Capital. Mr. Chen, this is Mr. Wu Ying, the chairman of Huaze Investment."
"Mr. Wu, it's a pleasure to meet you. I've long admired your name." Chen Yansen extended his right hand, sizing up the bearded man in front of him.
He was in his fifties, with an impressive amount of hair, and his thick, arched eyebrows gave him a rugged appearance.
Although the PHS phone has been swept into the dustbin of history, Wu Ying earned at least tens of billions during his peak years at Starcom.
"The Orange phone is very good. The Aurora Future OS system is no worse than Android and iOS," Wu Ying said frankly.
"The road ahead is still long. Without Mr. Ma's strong support, Aurora Future OS would not have had such a smooth start."
Chen Yansen praised Ma Wenteng.
"Huh? Robin's here too?" Wu Ying suddenly muttered, waving towards the door.
Just as Li Yanhong was about to go over, he frowned as soon as he saw Chen Yansen.
Didi Chuxing is being crushed by Kuaidi Dache, Gaode Maps is squeezing the living space of Baidu Maps, and Baidu's food delivery and group buying businesses are stagnant and no match for Kuaidi Dache.
With Pinduoduo and Ali forcing merchants to choose between two options, and having crippled Qiandu Weigou, how could he possibly have a good attitude towards Chen Yansen?
If reporters hadn't been there, he would have already lost his temper. But since Wu Ying had personally called him, he couldn't very well refuse.
After all, the other party is an industry veteran with considerable influence in the IT field. Putting aside his personal wealth, Wu Ying is considered a top-tier figure among the attendees.
Li Yanhong's expression was slightly awkward as he greeted Yuan Ruili, Wu Ying, and Ma Wenteng one by one before finally fixing his gaze on Chen Yansen.
Out of politeness, he reluctantly began, "President Chen."
"Yes, Mr. Li, we meet again." Chen Yansen extended his hand.
Li Yanhong subconsciously reached out his right hand, but then he remembered the other party's terrifying strength and was afraid that Chen Yansen might do something bad to embarrass him.
So his hand was only halfway out when it was suspended in mid-air, leaving him in a dilemma.
Seeing this, Chen Yansen chuckled and realized Li Yanhong's concerns. He secretly sneered to himself: I'm an outstanding young entrepreneur, not a boxer. Do you think I can beat you up?
"The BATS are all here. Let's take a picture together. With President Chen here, it will definitely increase the buzz for the event."
Wu Ying subtly tugged at Li Yanhong, extending his right hand forward. Seeing their hands clasped together, he then made a suggestion.
“Mr. Wu’s idea is excellent,” Yuan Ruili immediately echoed.
Li Yanhong wanted to refuse, but since Yuan Ruili had spoken, he couldn't refuse the big boss's request. So he had no choice but to bite the bullet and go up to the stage with Chen Yansen, Ma Wenteng and Ma Liyun.
“Mr. Ma, you are the oldest, so it’s most appropriate for you to stand in the middle.”
The three of them suggested in unison.
"Little Sis, you're obviously complaining that I'm too short, aren't you?" Ma Liyun's lips turned down, and he wanted to roll his eyes, but he glanced at the camera and forcibly held back.
Ma Wenteng and Li Yanhong stood on the left and right respectively, while Chen Yansen stood on the outermost side.
The four of them forced a smile and took their first group photo with the leaders of 'BATS'.
Little Ma's facial expression management is the best, a perfect fake smile.
Old Ma's eyelids drooped, giving off a slightly sidelong glance, revealing an air of arrogance and disdain.
Li Yanhong grinned, a half-smile that looked somewhat bitter.
Chen Yansen had the brightest smile, displaying both youthful energy and composure.
In comparison, Xiao Ma is like a follower, Lao Ma is like a butler, and Li Yanhong is like a security guard.
The conference staff member in charge of taking photos had a strange expression. Apart from Lao Ma, Ma Wenteng and Li Yanhong were also good-looking and had a good presence, but everything is afraid of comparison.
Chen Yansen and others stepped down from the stage one after another, bid farewell to Yuan Ruili, and were led by staff to take their seats in the first row.
Facebook founder Mark Zuckerberg also caused a sensation when he entered.
Wang Tao stared at Chen Yansen from below the stage for a long time before running over to greet him after Chen took his seat: "Mr. Chen, hello, I am Wang Tao from DJI Innovations."
Chen Yansen stood up and exchanged pleasantries with Wang Tao with a smile.
Unlike many products that first establish themselves in the domestic market before "going global," Alexa smart speakers and DJI drones were first recognized in the European and American markets before being "re-exported" to China.
Last October, DJI launched the Ace One flight control system, which attracted considerable attention in the investment field.
Between Senlian Capital and Sequoia Capital, Wang Tao ultimately chose Senlian Capital, which had a better understanding of overseas markets.
After all, Alexa smart speakers have sold millions of units in the European and American markets and have a rich and comprehensive offline and online sales network.
Sequoia Capital was excluded by Wang Tao because it could not provide DJI with additional support in terms of sales.
Under Lao Gao's leadership, they successfully secured $15 million in Series A funding from DJI, acquiring a 1500% stake.
The return on investment in the future will be at least 200 times!
"How are the sales of the Phantom 1?" Chen Yansen asked casually.
"Cumulative sales reached 7.7 units, with revenue of 3870 million US dollars. Thanks to Mr. Mao's help, we promoted the Phantom 1 and cultivated users through videos on Mimo."
Wang Tao was very enthusiastic when facing investors like Senlian Capital.
He knew that DJI's channel expansion capabilities would make it difficult to open up markets in Europe and America, but with the help of Senlian Capital, the Phantom 1 could even be easily sold in the Eastern European market.
"Only 500,000 units sold that year? Don't be discouraged. I've seen DJI's rotor chip technology and flight control system; it has potential," Chen Yansen comforted Wang Tao, patting him on the shoulder.
Wang Tao was taken aback upon hearing this, a hint of embarrassment flashing across his face. He actually wanted to say: "President Chen, I'm quite satisfied with the sales volume of 40,000 to 50,000 units per month."
But after thinking about it, he swallowed back the words he was about to say.
I can't say it, otherwise I'll look like I'm too spineless!
"Thank you for your concern, Mr. Chen. I will continue to work hard," Wang Tao said immediately, his eyes bright.
"Keep it up." Chen Yansen's encouragement was perfunctory, but it made Wang Tao's blood boil.
Despite the age difference of more than ten years between the two, Wang Tao acted more like the younger brother, and his eyes were full of admiration for Chen Yansen.
"Mr. Chen, I'll go back to my seat now. I won't bother you any longer." Wang Tao said with a smile, like a child who had just received praise from his parents, and returned to his seat in the sixth row.
Chen Yansen watched the other person's back without paying much attention.
DJI may become very powerful in the future, with a valuation of over 100 billion, but at that time DJI will still be a small fry.
A company that has not yet unleashed its commercial potential cannot be considered an industry leader.
For Senlian Capital, investing in DJI was just a matter of course.
Not taking advantage of free money is a sure way to incur divine retribution!
At nine o'clock sharp, several bigwigs from Shenzhen took the stage to speak one after another, making Mr. Chen drowsy.
Chen Yansen prefers to hear concrete numbers, measurable indicators, and a girl's soft singing, rather than long-winded discourses filled with empty words and clichés.
"Zhang Chaoyang and Zhou Hongyi didn't come, otherwise they would have gone to bed long ago."
Mr. Chen thought to himself.
Just as he was pondering the progress of the virtual city server room's construction, the bigwigs of the Central Bureau and the organizers had already stepped down.
On stage, Ma Liyun spoke eloquently: "Ten years ago, Tencent, Baidu, and Ali were all small. When we offered free services, people said we were courting death. Today, if you want to offer free services again, Tencent, Baidu, and Ali will help you die."
The implication is that the market structure of BAT (Baidu, Alibaba, Tencent) is basically stable, and it is difficult for ordinary people to break through the competitive barriers built by the three giants.
Anyone who dares to touch my cake, I'll make sure they die!
Those who get on the bus first usually weld the doors shut; it's just a basic procedure.
"Mr. Ma, how did Senlian Capital, which is part of 'BATS', rise to prominence?"
The host asked with a smile.
Old Ma's face froze, and he cursed inwardly: You're deliberately picking a fight!
The host looked at Li Yanhong and asked, "Mr. Li, do you agree with Mr. Ma's statement?"
Li Yanhong was caught in a dilemma: nodding or shaking his head was not an option, so he could only keep smiling.
"Let's give a warm round of applause to welcome Mr. Li and Mr. Chen to the stage to share the latest developments and trends in the internet industry," the host continued.
What's going on? Is this step even in the process?
Ma Wenteng was slightly taken aback.
Chen Yansen was multitasking; upon hearing the host's words, he strode confidently onto the stage.
Would the host dare to make decisions on their own?
It's probably the organizer's idea.
The so-called sharing of entrepreneurial experience is, frankly speaking, just showing off, which is something Mr. Chen excels at.
Since he's come all this way to Shenzhen, if he just sits there and watches others show off, wouldn't his trip be a waste?
Who would complain about not having enough buzz, trending topics, and traffic?
Chen Yansen took the wireless microphone and sat to the left of Little Ma.
Li Yanhong quickly realized what was happening and jogged up to the podium.
The four giants have gathered!
(End of this chapter)
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