Chapter 379: 10 Billion Experience Funds, Lingqian Wealth Management Chaos

At the end of February, the sky over Xucheng was covered in leaden clouds nine times out of ten.

Fine rain fell like mist, unceasing; through a layer of glass, the entire technology park loomed faintly in the wind and rain.

After finishing his daily work, Chen Yansen rose and walked to the window, where he could just see Song Yuncheng sitting upright at her workstation across the building, her fingers tapping rapidly on the keyboard.

Compared to Ye Qiuping, Song Yuncheng's innate foundation in the workplace was not particularly high; it was only through deliberate practice and the transfer of experience that she constructed her own ability to deconstruct and reorganize logic, thereby forming a set of effective methodologies.

She was the type of person for whom diligence could make up for lack of talent.

"Knock, knock, knock—!" A sound of knocking on the door rang out.

"Come in," Chen Yansen replied.

Wang Xueting, the Director of Human Resources, led in a woman dressed in a navy-blue business suit, then introduced her: "Boss, this is Chen Jie."

"Boss, hello," Chen Jie greeted respectfully.

As she spoke, she secretly sized up the Chen Yansen before her: around twenty years old, wearing a white shirt on top and black dress trousers below, with a Patek Philippe watch on his wrist.

Apart from that, there were no other ornaments on his entire person.

The new boss stood tall and straight, nearly a head taller than herself; the True Person was even more handsome than his online photos, with exquisite features, sharp angles, and a pair of deep brown eyes that were exceptionally bright.

"Are you familiar with the company environment and the heads of each department?"

Chen Yansen asked.

"Boss, I have taken Chen Jie to tour Pinba, Chengzi Technology, Jinri Technology, and the headquarters of Chengzi Payment, and I have already greeted General Manager Huang, General Manager Liang, General Manager Zhou, and General Manager Zhang," Wang Xueting explained immediately.

"Boss, I have memorized the core management personnel of all four subsidiaries," Chen Jie replied hurriedly.

Chen Yansen nodded slightly and instructed Wang Xueting: "Place Chen Jie's workstation on the top floor."

He then looked at Chen Jie: "From now on, you will follow up and arrange my meeting schedules and business negotiations."

"Yes, Boss," Chen Jie and Wang Xueting answered in unison.

Wang Xueting secretly breathed a sigh of relief, thinking: Finally, the task is complete.

Over the past two months, more than thirty candidates had been interviewed in total, including top students from Tsinghua and Peking University's management programs as well as international students from Harvard and Cambridge business schools, yet the Big Boss was dissatisfied with all of them.

Recruiting an assistant to the Chairman was harder than poaching a P9 from Mama Ali!

Fortunately, Chen Jie did not disappoint; not only was her resume impressive, but her external image was also outstanding.

She stood at one meter sixty-nine, with one-quarter Western blood; in a word: beautiful and capable.

Chen Yansen waved his hand.

Wang Xueting and Chen Jie immediately understood, took the initiative to take their leave, and then exited the office.

As company affairs and external business increased, although Chen Yansen could still manage, he had no interest even in perfunctorily dealing with certain people and certain matters.

Having an assistant to perform initial screening would also lighten his load considerably.

As for Chen Jie's looks and figure, he had actually paid no attention.

With his vision and experience, he had seen far too many beautiful women.

In his previous life, the streamers, short-drama actresses, and innocent female college students fresh into society he had evaluated numbered at least seven or eight soccer teams.

The reason he hired Chen Jie was purely because he valued her work ability.

Chen Yansen leaned casually against the side of the sofa, holding a cup of warm tea, taking a light sip, while his mind pondered the two factories purchased by Pei Yi.

Adding the original veteran employees, the total headcount now exceeded two thousand, which also added a new stable channel for him to acquire the Fire of Human Kindness.

In fact, Yunsu Express had also acquired a large cardboard box factory and two plastic factories in the fourth quarter of last year.

After all, with an annual parcel volume of over four billion, packaging needs alone could create more than three thousand jobs and generate a gross profit of one billion Hua Yuan.

Fat water should not flow into outsiders' fields; rather than making suppliers rich, it was better to recruit employees from couriers' relatives, which could save costs while gaining extra profits and the Fire of Human Kindness—a true case of killing three birds with one stone.

Ten minutes later, the rain outside the window gradually ceased.

The time was exactly ten in the morning.

Ali Baba publicly announced it would invest five billion US dollars in strategic investment in the UC Browser.

This move seemed puzzling at first glance, but as long as one viewed Ali Baba as an advertising company, all doubts would be resolved.

Over the past year, Ma Liyun had been mainly busy improving platform GMV, upgrading the Tmall Shangcheng, repurchasing Ali Baba shares, and preparing for an IPO, yet he had fallen behind in the race for mobile entry points.

Investing in the UC Browser was precisely to make up for wireless shortcomings and fully push Ali Baba into the mobile internet era.

Once this news broke, it immediately made Li Yanhong furious.

Previously, he and He Xiaopeng had met only twice, had even signed a letter of intent, but in the end, Ma Liyun had snatched the deal from under their noses.

Yet he could only stew in anger, not even daring to complain to Old Ma.

Because half a month ago, Ali Baba and Qiandu Wang, which had suspended cooperation for five years, had restarted their advertising business.

Ali Baba sat firmly in the top seat of domestic e-commerce, with a platform annual transaction volume reaching one trillion Hua Yuan.

To put it plainly, Ma Liyun was now Li Yanhong's KA advertiser, a real-deal golden sponsor daddy.

Would Li Yanhong dare to scold his own major client?

Of course not; he still relied on Ali Baba's advertising revenue to help stabilize Qiandu's stock price.

At the same time.

The 7.0 version of Zhifubao was released, adding a Yulibao entry on the first screen of the homepage, with an annualized yield of 5.1% over the past seven days, matching Yu'e Bao and exceeding WeChat's Lingqian Bao by 0.1%.

New users only needed to open an account to immediately receive 18,888 yuan in experience funds, valid for three days, with an expected return of 7.5 yuan.

Taobao, Tmall Shangcheng, Xiami Music, and the UC Browser all displayed new-customer promotional posters for Yulibao in the most prominent positions of their products, and even Yunos pushed marketing advertisements to users.

Ma Wenteng, far away at the headquarters of Penguin in Shencheng, learned of this, pouted, and commented with a look of disgust: "This name is truly unpleasant."

"It sounds more like a financial product, with weak relevance to Lingqian wealth management; just the name itself is quite a failure," Liu Zhiping teased with a chuckle.

In his view, "Lingqian Bao" was more than ten times better than "Yulibao."

A good product must start with a good name.

"Pity that YiXun Wang and Paipai Wang simply cannot form a business closed loop with WeChat Pay and Lingqian Bao," Ma Wenteng sighed.

He couldn't help but recall the scene from two years ago when he first met Chen Yansen; the other man had bluntly declared that Penguin had no genetic makeup for e-commerce, and throwing money at it wouldn't yield results.

Now he believed it!

YiXun. com and Paipai. com were like two clumps of rotten mud, utterly impossible to prop up.

"There is always a trade-off. Although the average capital held in Lingqianbao is lower than that in Sister Chengzi Pay, the number of activated users exceeds that of Yu'e Bao." Liu Zhiping restrained his smile and said softly to comfort him.

Relying on three hundred million WeChat users, Lingqianbao had accumulated over sixty million users in just over two months since its launch, while Yu'e Bao stood at fifty-six million.

However, Yu'e Bao's capital scale reached 230 billion Huayuan, with an average of 4,100 yuan per person, whereas Lingqianbao had only over 20 billion Huayuan, with an average of just 300 yuan per person.

In users' perception, WeChat was a social software, not a wealth management tool.

For the vast majority of users who activated Lingqianbao, their account balances were only a few dozen yuan.

Hearing this, Ma Wenteng smiled helplessly and asked casually, "By the way, has the AFOS version of QQ and WeChat been developed? That kid Chen Yansen called a few days ago saying he wanted to treat me to tea, but he won't even come to Shencheng; what tea is there to drink? He's clearly subtly urging me to get to work."

"The testing passed. The Mobile R&D Department reported that Aurora Future OS is more efficient in scheduling underlying resources. In the AFOS environment, WeChat's startup speed is 49% faster than on Android devices and 31% faster than on iOS, with significant optimizations in power consumption and application lag."

Liu Zhiping replied seriously.

"Are you saying Aurora Future OS has more powerful performance than Android and iOS?" Ma Wenteng paused for a moment, then pressed on.

"Pony, the hardest part of a mobile operating system is promotion and popularization. Although Aurora Future OS provides standardized development tools and technical interfaces, lowering barriers and maintenance costs, how easy is it to tear a hole through the encirclement of Android and iOS?" Liu Zhiping shook his head and said.

It wasn't that Aurora Future OS wasn't good-looking; the ecosystem barrier was never a product of technology and capital alone. Timing, location, and human harmony were all indispensable.

Was Microsoft not strong enough? Was their funding insufficient?

To promote Windows Phone, they poured in billions of US dollars over time and even cooperated with international mobile giants like Nokia, yet in the end, they didn't even capture 3% of the market share.

Although Sister Chengzi Phone's shipment volume was not low, compared to Nokia at its Peak period, it was still worlds apart; what good was Aurora Future OS's powerful performance?

"Just give users another choice," Ma Wenteng shrugged, dismissing the concern.

"Yu Li Bao's experience fund exactly copied Yu'e Bao's marketing strategy. I didn't see it before, but Ma Liyun is also a master-level figure when it comes to plagiarism," Liu Zhiping mocked.

"Good things should be borrowed. Give Xiao Long a heads-up and tell him to come up with a plan ASAP. The experience fund model isn't suitable for Lingqianbao, but we can use a full-reduction red packet activity format to further increase the average capital held per user."

Ma Wenteng leaned back and said indifferently.

Brother Ma never agonized over whether something was plagiarism. Looking across the domestic internet circle, which boss wasn't a "porter"?

The victor is king!

Whoever wins is the progenitor!

Take the food delivery industry, for instance; who still remembers Ele. me?

Nowadays, when talking about food delivery, everyone says KuaiPao is the first food delivery platform in the country.

Ele. me?

Sorry, never heard of it!

"Good." Liu Zhiping readily agreed.

On the other side.

Facing the fierce onslaught of Yu Li Bao, Zhang Yinjia was well-prepared. After finishing an emergency meeting with the Activity Department, he rushed straight to Chen Yansen's office and pleaded bitterly, "Boss, it's just a gimmick. Please just agree."

"Old Zhang, who taught you that bad habit? Using the boss as a marketing tool every time you have a problem?"

Chen Yansen frowned, scolding him in a bad mood.

"Hehe, Boss, you have huge traffic and high popularity. I heard from Liang Bo that Mao Chaorong's Mimo relied entirely on your advertising on Facebook, Instagram, and Twitter at the beginning of its launch to achieve a perfect product start."

Zhang Yinjia pulled over a chair and said with a sycophantic face.

He paused and added, "You can't favor one side and neglect the other, can you?"

Chen Yansen suppressed the urge to curse, feeling both amused and helpless for a moment. After pondering for over ten seconds, he put on a look of resignation and said weakly, "You handle it. Keep the quota low; I don't have time to mess around with you."

"Okay, thanks, Boss. I'll tell Finance later to add an appearance fee for you." Zhang Yinjia, emboldened, joked.

"Get lost!" Chen Yansen cursed.

Zhang Yinjia grinned and scampered out of the office.

Chen Yansen furrowed his brow slightly; this 'evil wind' seemed to have been caused by Ye Qiuping.

Thinking of this, Boss Chen immediately sent a text message: Come to my office.

That afternoon, Sister Chengzi Pay launched the "Buy Yu'e Bao, Share 10 Billion Experience Fund" event.

The rules were: From February 28 to March 31, based on the average daily holding amount in Yu'e Bao accounts, the 1st place winner gets 3 billion experience fund (valid for one day); places 2 to 10 get 300 million experience fund each; places 11 to 50 get 50 million experience fund each; places 51 to 100 get 20 million experience fund each; places 101 to 200 share the remaining 1.3 billion experience fund.

10 billion sounds intimidating, but calculated at a 7-day annualized yield of 5%, the daily return is just over 1.3 million.

The top ten winners would additionally receive a 64GB version of the Sister Chengzi C3, and the first-place winner could have lunch with the founder of Senlian Capital.

Just ten minutes after the event went live, the holding amount of the number one on the Yu'e Bao leaderboard broke 1 million.

The heat on Weibo, Toutiao, Penguin News, Sohu, NetEase, and other platforms instantly exploded.

Money was secondary; being able to dine with a super-wealthy billionaire worth 50 billion US dollars, even if just receiving a few words of advice, would be immensely beneficial.

It was hailed as the Hua Guo version of the "Buffett Lunch"!

Moreover, one didn't need to spend tens of millions to be a sucker; one just needed to buy Yu'e Bao.

Entrepreneurs who wanted to meet Chen Yansen, obtain financing from Senlian Capital, or simply ride the wave of popularity all stepped forward. In less than half an hour, the total Yu'e Bao amount for the first place exceeded 5 million.

The holding amount for the 200th place was 193,000.

"Wait, are we living in the same Hua Guo?"

"Crying. Worked for ten years, savings of 27,000."

"Brother upstairs, at least you have savings; I'm different, I'm all in debt."

"This is only half an hour; tomorrow, won't the first place exceed 30 million?"

"Damn it, I just realized today that I have a problem with hating the rich."

Netizens discussed with a cacophony of voices.

Meanwhile.

The banks and financial companies, seeing this, called the complaint hotlines of the Banking Association and the Fund Management Association until the lines went dead from overload.

Sister Chengzi Pay and Zhifubao are openly violating regulations; are the higher-ups blind?

Can't they see?

According to Article 24 of the "Administrative Measures for the Sale of Investment Funds," it is forbidden to sell funds by means of lotteries, kickbacks, or giving away physical goods, insurance, or fund shares.

Previously, everyone tolerated Sister Chengzi Pay giving out trial funds, but now they are giving away Chengzi phones; they are completely dancing on the edge of a blade, far too arrogant.

Two hours later, Chen Yansen received a call; after hearing the other party's request, he said nothing more, directly summoned Zhang Yinjia, and ordered him to cancel the phone reward while keeping the trial funds unchanged.

Immediately afterward, the page rules were slightly adjusted.

The event continued as usual, unaffected in the slightest.

Seeing that the higher-ups were not intervening, Ma Liyun immediately decided to copy the Yu'e Bao event verbatim.

The banks and financial companies were completely stunned!

Is this even reasonable?

The result was that the next day, Lingqian Bao also launched a corresponding full-reduction red packet event: buy 1,000 yuan of Lingqian Bao and get an instant 8.8 yuan discount!

(End of this chapter)