Chapter 361 Investing in a Listed Company?
Chapter 361: Taking a stake in a listed company?
Listening to Gao Yang's idea, He Guangwen, Fang Jian and others continued to think, and Gao Yang suddenly picked up his Nokia7610:
"When we use mobile phones to write text messages, is there a corresponding word limit?"
Zhang Xiaolong said: "Yes, Mr. Gao, there is a word limit for text messages. It seems that you can write up to 70 Chinese characters."
Gao Yang asked again: "Technically speaking, what is the principle of this limitation?"
Although Gao Yang knew that in the past few years that Weibo was released in my memory, there were indeed 70 Chinese characters for the braiding restrictions, but he just didn't understand the technical principles at all.
Zhang Xuan smiled and said, "Mr. Gao, I know a little about this."
There are international standards for the editing and distributing of mobile phone text messages in communication technology, which was formulated about 20 years ago.
English characters are limited to 160 characters, while Chinese characters are limited to 70 characters.
This involves coding issues.
The English SMS characters were first identified as a 160-character limit. Because of the problem of wireless transmission bandwidth, the initial use of SMS was on car phones.
After this standard was determined, mobile phone text messages were also applied. The encoding method of English characters is called ASCII encoding. It is a 7-bit conversion. The 7-bit encoding occupies one letter. After conversion, it is 1120-bit encoding.
Our Chinese character encoding uses 8-bit UCS-2 encoding. The 8-bit encoding occupies one character, and then a Chinese character needs to occupy two characters. Therefore, 1120 divided by 16 is exactly 70 Chinese characters.
These technical standards were invented and formulated by the West, and the same is true for the entire set of telecommunications technology. China introduced mobile communication technology and naturally adopted this complete set of technical standards..."
After Zhang Xuan's explanation, He Guangwen, Zhang Xiaolong and others nodded, indicating that this is the background.
Gao Yang roughly understood. In fact, he really couldn't understand what encoding conversion was.
Gao Yang asked with a smile: "According to the technical principle explained by Zhang Xuan, that is, we can directly use SMS encoding technology to develop an Internet product like Weibo?"
Zhang Xiaolong said: "Yes, this coding technology is already very mature. We can just use it directly. On this basis, it is relatively simple to develop the Weibo you mentioned by Mr. Gao."
He Guangwen said: "Brother Long is right. This is equivalent to moving the text message to the web page. The technical implementation is relatively simple. Then, it limited to input up to 70 Chinese characters. Gaoyang, you imagined that it is convenient and fast to use, easy to interact, and then makes people feel fresh, and other product features are reflected in one go."
Fang Jian said: "This new product idea is really interesting and may become popular. Is this product arranged for 51 Renren.com?"
Gao Yang shook his head: "Lao Fang, if 51 Weibo is posted on 51, everyone will do it, it is similar to the reason why we considered the establishment of an SMB special issue on the CPI national version. 51 everyone has now taken shape and has its own distinctive characteristics. 51 Weibo is better to register a company separately and operate independently, so that we can achieve rapid development."
Liu Xu said: "I agree with Mr. Gao's point of view. If you do a good job of product creativity, it may generate huge user traffic.
At the same time, it has a grassroots and very convenient expression and recording model. Using the SNS architecture to create such a project can reflect General Gao’s vision and have the characteristics of strong media and social attributes.
If such a platform-based project is successful, popularity and traffic will have great commercial value."
Everyone smiled and nodded. You can really try such a project. If Gao Yang wants to do it, everyone can't stop it.
51 Group is not short of funds or talents.
Gao Yang said: "Since there is no problem in implementing technology, we will hold a board of directors in the afternoon. Let's discuss it again. This project will be established and developed as soon as possible, register a company, and form a team..."
The communication ended quickly, the others left, and Fang Jian stayed to smoke.
Fang Jian said: "51 Group has expanded so quickly, but there is no problem with funds. It's short of people. Who do you plan to do this project on 51 Weibo?"
Gao Yang said: "I have considered it and asked Zhang Yue to withdraw from CPI. The trader of the Weibo project must have someone with media operation experience. Zhang Yue is still very suitable."
Fang Jian smiled and said, "If Zhang Yue comes over, Boss Feng may be unhappy again."
Gao Yang said: "Zhang Yue comes over, Song Liangqiu and Chen Xiangdong are still there. In addition, Huang Xu and Yan Yong are both capable of supporting him. IT paper media is just like this, and CPI can only work hard to maintain it."
Fang Jian asked again: "What about the investment in the Weibo project?"
Gao Yang said: "For the time being, the group will invest, first look at the effect, and have a certain traffic foundation, such as achieving a user scale of tens of millions, you can consider increasing capital and expanding shares."
In the afternoon, another enlarged meeting of the board of directors was held. Gao Yang introduced the project concept of 51 Weibo, and He Guangwen and Zhang Xiaolong introduced the technology implementation and architectural model. Everyone had no objection. Then they arranged to make a project investment plan and set up a technical department to invest in R&D as soon as possible.
He Guangwen said: "We are now launching new projects one by one. The technical committee has just been reorganized into a research institute, and the R&D personnel are relatively tight. Next, it also involves the development of third-party online payment tools, which has the largest talent gap in this area..."
After He Guangwen introduced the situation, Gao Yang said: "The research institute will strive to achieve independent operation this year. It is necessary to introduce talents that should be recruited as soon as possible.
In terms of basic research, such as algorithms, after the Spring Festival, we must find a way to recruit a group of undergraduate and master students with good mathematics foundation and computer and software majors, and the basic research department should be built as soon as possible."
“As for the development of online payment…”
Gao Yang connected his laptop to the projector and turned on the stock market software:
"Look at this listed company, Hengsheng Electronics registered in Hangzhou.
This company is engaged in financial IT, and its main business is the development of application software for financial institutions such as securities, funds and banks. Its technical strength is considered top in the industry.
Hengsheng Electronics was listed on the main board of the Shanghai Stock Exchange in 2003. It completed the share reform in August this year. Its current total share capital is 102 million shares, 35.7 million shares of circulating share capital, 66.3 million shares of non-circulating shares, and a total market value of 536 million yuan. It is still a small company.
I suggest that 51 Group contact Hengsheng Electronics, negotiate with major shareholders and small non-shareholders to see if it can take over 20% of the shares, become a secondary shareholder, and then establish a close cooperative relationship. Hengsheng will help us develop online payment tools, and our personnel must also participate.
This is a relatively convenient way.
In addition, the Human Resources Department, including everyone here, has found ways to contact some financial software companies with strong R&D capabilities through various channels to see if they can find a few powerful and experienced R&D talents..."
Taking a stake in a listed company?
Gao Yang's thoughts scared everyone and were stunned.
Does 51 Group have the strength to invest in listed companies?
Many people think about it again and it seems that they have such strength.
So proud...
Chapter completed!