I can become stronger by paying salaries. I have one billion employees!

Chapter 652 Q2 Financial Report: Officially Entering the $2000 Billion Club! Angry Pony Ma!
On the afternoon of July 17, a Gulfstream G550 slowly landed at Yanjing International Airport.

Chen Yansen walked down the gangway, then boarded a Maybach 62S and sped off towards Financial Street.

at the same time.

Pinbei uploaded its second-quarter and first-half financial statements to the US Securities and Exchange Commission database, and then simultaneously posted them on its official website.

An investor who bought Pinduoduo stock immediately went to the official website to download the PDF file. When he flipped to the core operating indicators, a smile appeared on his face that he couldn't suppress.

"Thank you, Brother Sen! Thank you, Pinbei! Praise to CCTV!"

The investor chuckled, looking excited.

If Chen Yansen were here right now, he would definitely rush up and give him a hug and a kiss.

He initially bought shares at $52.6 each, investing a total of $20.

In just six months, Pinduoduo's stock price rose from its IPO price of $49.1 to $85.1, resulting in a paper profit of $12.4.

Subsequently, financial news websites such as Toutiao, Xueqiu, Tiger Brokers, and Sina Finance reprinted the story.

Sales revenue: 3620.7 billion yuan, a year-on-year increase of 139.2%;

Total revenue: 280.4 billion yuan, a year-on-year increase of 126.7%;

Online marketing and advertising service revenue: 151.9 billion yuan, accounting for 54.2%;

Revenue from transaction services (commissions, profit margin) was 128.5 billion yuan, accounting for 45.8% of total revenue.

Net profit: 129.4 billion.

After seeing this, netizens couldn't help but start discussing it.

In their view, what's most terrifying about Pinbei isn't its revenue and net profit, but its alarming growth rate.

Three months ago, Pinbei's average daily sales were only 33.5 billion yuan; three months later, the daily transaction volume climbed to 39.7 billion yuan.

Especially in the past week, Pinbei's average daily sales have stabilized at around 48 billion yuan.

Based on the current growth momentum, the total transaction volume in the third quarter is expected to exceed 4500 billion yuan.

The gap between Ali and Pinduoduo is widening!

"Damn it! I regret it so much! I thought it was too expensive and didn't buy it. Now Pinduoduo's stock price is probably going to break the $100 mark."

"You can buy JD.com. If the big brother's stock price goes up, the little brother's stock price will definitely follow suit!"

"Pinduoduo sold 6600 billion yuan worth of goods in half a year, so it must sell 13000 trillion yuan worth in a year, right?"

"A hot fact: the real peak season for e-commerce is in the second half of the year, reaching 1.3 trillion? I think 1.5 trillion is even possible!"

"By the way, Lazada's transaction volume in the first half of the year reached 1.7 million US dollars, which is more than double that of 2013. This CEO named Zhang Yifeng is something else."

“Pinbei’s e-commerce business in Europe, North America, South America and Australia is growing slowly, and its stock price may pull back.”

The comments sections of the three major portal websites, Toutiao, Douyin, and Kuaishou show that most netizens are optimistic about Pinbei's stock price.

Stock market investors who previously looked down on Pinduoduo are now busy opening investment accounts, eagerly awaiting the opening of trading.

the other side.

As soon as Chen Yansen arrived at the hotel, calls came in one after another from Zhang Chaoyang, Lei Yijun, Zhou Hongyi, Jia Yaoting, and others.

After a moment's thought, he readily accepted the invitation.

After all, one can't just leave after a meeting in Yanjing.

Although with his current status, he no longer needs to use drinking parties to maintain relationships with business partners, he still needs to meet with old friends.

"Boss, shall I stay at the hotel?" Ye Qiuping asked softly.

"You're my temporary secretary now, so of course you'll come with me."

Chen Yansen patted Master Ye's bottom, signaling her to go change into a suitable outfit.

Ye Qiuping was overjoyed and pushed her suitcase into the bedroom.

Chen Yansen walked to the French windows and sat down, placing his phone on the coffee table.

A few days ago, Wang Guangtong had told him over the phone that the Leaders Financial Summit would be chaired by Li Qingsong, and the discussions would cover macroeconomics, financial policies, and industry trends.

To put it bluntly, the final decision made at the meeting will basically determine the industry trends for the next two to three years.

In the eyes of ordinary people, those industry leaders who can always accurately seize the moment are mostly those with a far-sighted strategic vision.

But in reality, it's all bullshit!
These people are simply in a higher position and have more information, so it's perfectly normal for them to know what the next big trend will be.

Even more impressive is the Economic Development Association; they create trends!
Furthermore, one of the several proposals submitted by Chen Yansen in March was passed.

This means that companies with a "dual-class share structure" will be allowed to list on the Hong Kong Stock Exchange and the A-share market, but a pilot program must be conducted first, with the quota allocated by the Securities Exchange Association.

Another more important piece of news is the relaxation of restrictions on private banks, with five licenses to be issued in the first batch, and Senlian Capital was successfully selected.

It's worth noting that Senlian Capital owns not only Orange Payment but also Semir Online, covering a full range of electronic payment tools and insurance companies. Who else could they give it to if not Senlian?
As for the other spots, Chen Yansen knew after a little thought that Ma Wenteng and Ma Liyun would definitely get them.

The remaining two spots will most likely go to leading companies in the physical manufacturing sector.

Open a bank?

What's your name?

Chen Yansen's lips curled up slightly, a mischievous smile on his face as he thought: How about we snatch away Lao Ma's e-commerce platform or Xiao Ma's WeBank?

……

……

At 7 p.m., a Maybach 62S parked in the reception area on the first floor of the China Resources Building.

Chen Yansen stepped out of the car, his light gray bespoke suit perfectly accentuating his figure. His shiny leather shoes and neat buzz cut made him look clean and sharp.

His gaze was deep, and he exuded a calm and reserved aura.

Ye Qiuping, dressed in a dark purple evening gown, gracefully took Chen Yansen's right arm and followed closely beside him.

"Yensen!"

As soon as Zhang Chaoyang saw Chen Yansen in the rest area, he immediately stood up and greeted him with a big smile.

Lei Yijun, He Xiaopeng, Zhou Hongyi, and Jia Yaoting quickly followed.

They dared not sit casually in their seats, waiting for Chen Yansen to approach.

"Old Zhang, you've lost a lot of weight. I've just opened a new pig farm. I'll send you two pigs when they're ready for market to help you recover."

Chen Yansen raised his hand and patted Zhang Chaoyang on the shoulder, a smile on his face, and said half-jokingly.

"To be honest, I still have half a black pork carcass that Ding Lei gave me in my freezer."

Zhang Chaoyang grinned and pulled Chen Yansen into the clubhouse.

"Don't worry, Pony and Qiangdong will be here soon. Wait for them."

Chen Yansen waved his hand in refusal.

"President Chen!" Lei Yijun and the others quickly stepped forward with smiles to greet him.

Chen Yansen smiled and exchanged pleasantries with Lei Yijun, He Xiaopeng, Zhou Hongyi, and Jia Yaoting one by one.

"Mr. Chen, Xiaomi will be holding a new product launch event at the National Convention Center next Tuesday."

Lei Yijun said with a smile.

Chen Yansen understood what Lao Lei meant, but he didn't have time to participate.

If it weren't for this closed-door meeting, he would most likely still be at Xingyuan Technology's optical R&D center, overseeing the optimization of motion control algorithms. Lei Yijun immediately understood; some things didn't need to be asked or said, as saying them would only put his older brother in a difficult position and embarrass himself.

Although he was a technician by training, his understanding of interpersonal relationships was in no way inferior to that of some seasoned business veterans who had been through many years of ups and downs.

Not long after, Ma Wenteng and Liu Qiangdong arrived.

“Pony!” Chen Yansen waved.

When the two were still five or six meters apart, Ma Wenteng extended his right hand, then quickly stepped forward and shook Chen Yansen's hand.

Since Orange Interactive Entertainment was established, Pony Ma's biggest grudge has disappeared.

Although Tencent's control over the entertainment industry has weakened, it is likely to reap even greater profits in the future.

A powerful alliance!

May every step bring you wealth!

Ma Wenteng has little interest in holding a controlling stake; he only values ​​practical benefits.

Although the two still compete in the fields of short videos and e-commerce, these two businesses account for a very small proportion of Tencent's business.

Therefore, overall, the partnership between Senlian and Penguin remains very close.

"What time did you arrive?" Ma Wenteng asked casually while shaking his hand.

"A little after three o'clock," Chen Yansen replied casually.

"I inquired about this closed-door meeting. Although the higher-ups allowed the establishment of private banks, those old guys at the banks were up to no good and put us in a shackle. We can only set up a physical branch in the city where the head office is located. Isn't that bullying us?"

Ma Wenteng lowered his voice and frowned as he cursed.

This effectively shuts out the possibility for private banks to attract deposits and reach customers through offline expansion, severely limiting their options and leaving only online operations as a viable path.

"Take it slow. Didn't Old Ma say that if the banks don't change, he'll change the banks?"

Chen Yansen joked.

"Come on! Old Ma's talk is all talk. Just wait and see if he dares to stand up to the bank tomorrow."

Ma Wenteng pushed up his glasses and sneered.

Chen Yansen put his arm around Ma Ge's shoulder and said softly, "With a financial license and business license, we can attract deposits at low interest rates and issue loans at high interest rates, making at least tens of billions a year."

"Hundreds of billions? Mr. Chen, don't even think about it! First of all, we don't have any physical branches; secondly, our loan business can only focus on micro, small and medium-sized enterprises and agriculture, rural areas and farmers. You should know that these areas have high risks and operating costs, and low profit margins."

"These bastards, to put it bluntly, had absolutely no sincerity; they only left us scraps."

Ma Wenteng cursed angrily.

He put in a lot of effort and sacrificed a lot of personal connections and interests to push for the issuance of policies for private banks, so it would be strange if he wasn't angry.

On the other hand, Chen Yansen happened to catch a ride.

They didn't contribute anything, yet they still managed to get a share of the profits.

Upon hearing this, Chen Yansen couldn't help but chuckle.

He truly hadn't expected that Ma Wenteng harbored such deep resentment.

However, he can understand it.

"Brother Sen!" Liu Qiangdong greeted him after the two finished talking.

"JD.com's market value has reached 390 billion US dollars? I think it will break 400 billion US dollars tonight."

Chen Yansen put his hand on Liu Qiangdong's shoulder and said with a smile.

"It's all thanks to Brother Sen's support!" Liu Qiangdong said gratefully.

Only his live stream room has the privilege of streaming on two platforms. If other streamers dare to do this, their live stream room will be banned the first time, and their account will be banned the second time.

Don't underestimate this right!
JD.com is able to broadcast live once a week and generate sales of over 3 million yuan each time because of its dual-platform live streaming privileges.

These two short video platforms have a combined daily active user base of over 2.4 million, and every time JD.com goes live, millions of buyers flood into the live stream.

With such a massive influx of traffic, it would be hard not to become popular.

Ma Wenteng glanced at Liu Qiangdong talking with Chen Yansen and sighed inwardly. He couldn't help but recall: If the conditions hadn't been so harsh when negotiating with JD.com last year, could Tencent have taken the opportunity to dump QQ Group Buying, Paipai.com, and Yixun.com to JD.com?

Now, things have gotten much worse; Liu Qiangdong has completely sided with Senlian Capital.

QQ Group Buying, Paipai.com, and Yixun.com have all fallen victim to Tencent's actions, leaving them unable to find a reliable buyer.

With Pinduoduo, Yaomao, and JD.com continuously expanding their business boundaries, Tencent's e-commerce market share is decreasing.

Continuing to inject money into the economy is like throwing good money after bad.
Ma Wenteng was reluctant to cut his losses and shut down these projects.

This is so frustrating!
Little Ma sighed silently.

"Don't just stand here, everyone! Let's go upstairs and chat!"

Zhang Chaoyang waved and said.

The group walked straight into the elevator.

The waiter standing guard at the elevator door, dressed in a charcoal gray suit with a neatly tied bow tie, pressed the elevator button for the group.

With a "ding," the elevator doors opened.

We've reached the top floor!

Within sight, apart from a mahogany tabletop, there are no other decorations. Walnut wood wall panels extend from the floor to the waistline, and above them are walls painted cream white, with several abstract oil paintings framed in thin black frames.

The dome is inlaid with geometrically shaped frosted glass lamps, and warm yellow light shines through the glass, casting diamond-shaped dappled light spots on the marble floor.

This is the most exclusive private club in Yanjing!

The entrance fee is 20, and the annual fee is 2. This 22 is the ticket price, and other expenses are calculated separately.

Most of the members are executives from Fortune 500 companies. Those who are willing to pay this money are not there for entertainment, but to 'make friends'.

The moment the front desk manager looked up, he saw Chen Yansen walking at the front, with his left arm around Tencent Chairman Ma Wenteng and his right arm around JD.com founder Liu Qiangdong.

Keep reading!

They are Zhang Chaoyang of Sohu, Lei Yijun of Xiaomi, Zhou Hongyi of 360, He Xiaopeng, CEO of XPeng Motors, and Jia Yaoting of LeEco—none of them are simple figures.

Without thinking twice, I immediately walked up with a smile and politely said, "Good evening."

The front desk manager personally led Chen Yansen and the others to the Guanlan Hall.

This is a luxuriously decorated Chinese-style private room, covering an area of ​​over 100 square meters. It overlooks the very heart of Yanjing (old Beijing), and the Forbidden City is just three kilometers away.

As soon as Zhang Chaoyang sat down, a waiter brought him a box of cigars.

"King of Denmark?" Liu Qiangdong glanced at it and muttered to himself.

This cigar costs nearly 3 yuan, which is about the same as an average person's annual salary.

Zhang Chaoyang took one, skillfully cut off the cap with a tool, lit it himself, and took a puff.

Chen Yansen never smokes, so he opened a bottle of wine and chatted about business with Ma Wenteng, Liu Qiangdong, and Lei Yijun.

The NYSE opened at 9:30 a.m.

Zhang Chaoyang immediately turned on the screen mirroring, then switched to the stock interface, where the stock code was PIB.

The stock price surged at the open, triggering the circuit breaker mechanism.

At this time, Pinduoduo's stock price was $93.6 and its total market value was $2078 billion, officially entering the $200 billion club.

(End of this chapter)