51 Fund Network (please vote and order)

Gao Yang invited Wan Hong to dinner alone at noon. After returning home, Wu Lan complained a little:

"You are too busy and can't be idle on weekends..."

Gao Yang said: "Mom, there are some important work communication arrangements in the company recently. I should be able to finish the work before the National Day holiday."

Gao Yang had no objection to Wu Lan’s complaints. Wu Lan’s temperament was quite straightforward.

Gao Yang also understood what Wu Lan meant. Gu Yawen's belly was getting bigger and bigger, and she was pregnant with twins. I hope he could spend more time with her.

After Gu Yawen was pregnant for 4 months, Gao Yang would live a married life with her once or twice a week, and try to take time to accompany her.

The next day was Sunday and Mid-Autumn Festival. Gao Yang put down all his thoughts at work, focused on his stay at home, and spent the holiday with his family.

He also called his parents and sister Gao Yue, who were far away in Jinyang.

During the Mid-Autumn Festival, Gao Yang’s parents and Gao Yue’s family celebrated the festival together at the Wu family.

A large group on both sides gathered together through 51talk's video chat, lined up to say hello, and chatted one by one.

Mr. Wu and the old lady were most concerned about Gu Yawen's pregnancy. Finally, they agreed to go back to Jinyang during the National Day holiday.

On September 20, after the Shanghai Composite Index opened at a high of 1223 points, a large amount of funds broke the market.

On the morning of the same day, Gao Yang and Wu Ruohan reduced their positions to 50%, and released 310 million yuan of funds. After that, they no longer cared about it.

On September 21 and September 22, the Shanghai Composite Index fell sharply for two consecutive days, and fell below 1150 points at the lowest. Wu Ruohan, who works at home, was so happy that he called Gao Yang arrogantly.

Gao Yang naturally praised her a few words to make her happy.

On September 23, Wan Hong and Fang Siwen completed the handover. On September 26, the two exchanged positions and began to take up their posts.

On September 28, on the third day after Fang Siwen became CEO of 51 Wealth, the Shanghai Composite Index fell to the 1130 point line.

On this day, Gao Yang held another enlarged meeting of the board of directors of 51 Group, with Fang Siwen, Yuan Ye and backbone of the technical committee attending.

At this meeting, two things raised by Gao Yang: preparing to invest in 51 Fund Network and 51 Financial Technology Information Service Co., Ltd., to do online payment business.

51 Fund Network is invested by 51 Fortune and 51 Financial Services is invested by 51 Group. It is an online payment tool similar to Alizhi Alipay, tentatively named 51 Payment.

Gao Yang has been thinking about these two projects for several months. Now that Fang Siwen is in place, he will naturally come up with it to discuss it immediately.

Gao Yang has already arranged for Shao Hanyun to collect and organize relevant industry background information as the basis for today's meeting to discuss.

At 9:30 in the morning, the meeting began. Gao Yang asked Shao Hanyun to tell you a PPT.

"Dear leaders, as early as early August, President Gao arranged for the President's Office to collect and organize fund information service websites and related industry information for online payments.

Let me first report on the situation of fund websites. Currently, there are few such websites. The representative ones are the three websites including Fucai Fund, which mainly provide professional and comprehensive fund issuance, trading and other information.

However, fund websites have not been established for a long time. The first fund website was Fucai Fund Network, which was launched in April 2004. Because A-shares are in a bear market cycle, the website traffic is average...

Let’s talk about online payment, mainly Ali’s Zhifubao.

On October 18, 2003, Dabao.com launched the Zhifubao service for the first time. In 2004, Zhifubao was split from Taobao. In early December 2004, Zhifubao Network Technology Co., Ltd. was established.

Then, in early February this year, Zhifubao publicly made a full payment for promotion and promises such as "You dare to use it, I dare to accompany you."

Zhifubao's current transaction scale has no public data to check, but it is undoubtedly still in its early stages of development.

In addition, there are no relevant regulatory policies for such third-party online payments, and they are not explicitly prohibited.

There is another online payment, namely Jingdong Multimedia, which we have invested in. Jingdong went online in 2003 [online banking payment], but it has little influence.

In terms of online payment, there is another latest information, that is, Tencent just launched a website called Fortune in mid-September this year. According to the public information on the website, Tencent also plans to do online payment..."

After Shao Hanyun's introduction was completed, Gao Yang asked the others to talk about their opinions first.

For a moment, I talked and had different opinions.

Fang Jian said: "With the popularity foundation of 51 Fortune Network, it is natural to build a fund information service website.

Just doing online payment, as Hanyun just mentioned, there is no ban on policies and no encouragement or support. I feel that the risk is relatively high."

Fang Jian is more rational in thinking about problems and is working together to make stability. This view represents many people.

Fang Siwen said: "At 51 Group, I am still a newcomer, so I will talk about an angle for everyone to think about.

In October 2003, Ali announced the launch of Zhifubao, which the media is still paying attention to.

Last year, I heard from a media friend that this matter was quite controversial in Ali at the time. Boss Ma was also tough at that time, saying that if the company went bankrupt due to the influence of policies, he would pay compensation for shareholders out of his own pocket.

Later, Zhifubao will be split from Taobao.com and operate independently, which should have two purposes: one is to operate independently to better develop, and the other is that if it is prohibited by policies in the future, it will not affect Taobao.com to the extent of life and death, which is equivalent to building a firewall."

After everyone discussed for a while, Gao Yang's loyal fan Zhou Wenbin spoke:

"I'm talking to you, which of the projects that Mr. Gao suggested to do in recent years has failed? On the contrary, they have developed very well, so we are all a little confident. "

Jin Yang smiled and said, "Mr. Gao, every time you launched a new project, you would first explain the business logic clearly. This time, it will be the opposite. Let us express our opinions first. I think you don't hide it. Let's talk about it in detail."

Gao Yang nodded and smiled: "Today I will talk about it, let me talk about business logic, or to promote these two projects in order to quickly unify my thinking and work together.

51 Fortune is a fund information service website, just like what Lao Fang said just now, it is a natural thing.

My suggestion is whether 51 Fund Network adopts the 51 Fortune Network model, with the SNS platform as the core, industry information websites plus SNS investment and financial management community.

In the past few years, A-share Big Bear generally underinvested financial websites. We did the opposite. As soon as 51 Fortune went online, it directly adopted an SNS architecture that was more in line with the needs of the times.

After 51 Fund is online and has a certain traffic foundation, we can start to accept advertisements.

If there is another bull market cooperation, 51 Wealth can also sell professional-level market software, stock trading software, development or agency data service products, etc.

In this way, 51 Wealth can generate cash flow soon..."

Gao Yang explained this idea clearly and asked everyone to continue discussing and agree with it.

As the new CEO of 51 Fortune, Fang Siwen said: "Before, on behalf of Yi.com, as a non-executive director of 51 Fortune, I have also communicated with General Wan and General Yuan.

51 Wealth has launched a counter-industry cyclical investment, and has sufficient capital. In addition, it adopts a more advanced technical architecture like SNS. As the A-share market index fell below 1,000 points and became hot news, it launched a public beta, achieving rapid development results.

In addition, 51 Fortune also attracts traffic from various Internet platforms of the entire 51 Group. After it went online, President Gao arranged to organize relevant industry insiders and media reporters to write a series of articles, and popularity suddenly rose.

Now, President Gao proposed the 51 Wealth Reinvestment Fund Information Service Website and the SNS community of investors. I deeply agree with it and am very confident.

If there is another bull market cooperation, there are many ways to monetize traffic for 51 wealth…”
Chapter completed!