Chapter 391: Replacement of New and Old

Now Founder Group and New Oriental are developing in full swing. The former is one of the highest-status technology companies in the country, and the latter has become the preferred training institution for countless people to study abroad. Life is quite good.

Compared to this, Kingsoft's life now is not very good, and rumors of bankruptcy have been transmitted many times.

Perhaps it can't be said to be rumors. Kingsoft has been looking for funds, and the office software country it worked hard to build has been snatched away by Office under Microsoft.

In fact, even if it wasn't snatched away, office software doesn't make much money. Just look at the current office software environment in the country, where pirated, counterfeit, and cracked versions are rampant. Whether it's Kingsoft or Microsoft Office, they actually don't make much money.

Otherwise, Microsoft wouldn't have to force procurement parties to procure Office if they wanted to procure Microsoft systems in order to promote Office in the country, and wouldn't give discounts, making many domestic government office procurement departments quite dissatisfied with Microsoft.

Microsoft Office wants to make money in the country, it has to rely on bundling systems. Not to mention Kingsoft. Even if they develop a new generation of Kingsoft software and defeat Office, it is estimated... they won't make much money. This is not a capability problem, but the industry is like this. The entire industry doesn't make money, not just one company.

But the reporters on the scene don't intend to let Qiu Bojun and Lei Jun go, throwing all kinds of questions at them.

"Manager Qiu, will Kingsoft go bankrupt?"

"Kingsoft's new generation Pangu office software failed miserably. Will you launch new office software in the future?"

"Is Kingsoft's investment in the IT Training Center this time wanting to completely abandon the office software business?"

Reporters' mouths have always been very poisonous. It's not that they are deliberately targeting Qiu Bojun and Lei Jun, but the questions raised are also making Qiu Bojun and the others unable to handle them.

"Kingsoft will not go bankrupt. We have already obtained a 3 million US dollar investment from Li Dongling, the founder of Dongling High-Tech, and Mr. Li Dongling has also officially become a member of Kingsoft's board of directors!"

When pushed to the wall by a group of reporters, Qiu Bojun brought out Li Dongling. Hearing that Li Dongling had invested in Kingsoft, the reporters and media who were aggressive just now couldn't help but be in an uproar.

Kingsoft now has a reputation in the domestic technology industry, to be honest, but how much value can a company hovering on the edge of bankruptcy have?

But Li Dongling invested in Kingsoft, and the impact is completely different. It's not because of how much value Kingsoft has, but because of this investment by Li Dongling.

Until now, anyone who has understood the technology industry in the country doesn't dare to question Li Dongling's investment vision. Dongling High-Tech is the best proof. He hasn't lost a single battle since his debut, and in just a few years, he has rushed to the top of the most profitable technology companies in the country.

Media comments say that the second-ranked technology company in the country, just from revenue, including Founder, Lenovo, Changhong, Haier, and the Pengcheng Chrysanthemum Factory, is far inferior to Dongling High-Tech.

Although there are media claiming that Dongling High-Tech is rushing too fast, its foundation is unstable, and it is easy to climb fast and fall hard, but right now, Dongling High-Tech is indeed in a unique position in the domestic technology industry.

Coupled with the companies invested by Li Dongling like Flying Goose Technology, Torch Group, etc., they have also performed quite brilliantly. Not to mention, Yahoo, invested by the Zhixing Foundation established by Li Dongling in America, has a valuation exceeding 500 million US dollars. Can't this prove Li Dongling's investment vision?

And the reason why so many media and reporters could come today is because a considerable part of them came for Li Dongling. The New Oriental Campus and the Hanxi Software Industrial Park groundbreaking ceremony are both projects where Li Dongling is a major shareholder, so he must come to participate.

And these reporters came because of a report from Hong Kong media. That report just spread to the country. It is estimated that in the next few days, a large number of domestic and even foreign media will rush over.

But right now, suddenly hearing that Li Dongling invested in Kingsoft, it couldn't help but make the media and reporters on the scene speculate whether Kingsoft really has something worth investing in, and whether Kingsoft was underestimated by the outside world, otherwise how could it get Li Dongling's favor?

Seeing that bringing out Li Dongling stopped this group of media and reporters from getting to the bottom of things, Qiu Bojun and Lei Jun both let out a long sigh of relief. They are both willing to solve technical problems rather than face this group of reporters. Honestly, Kingsoft's current situation, how can they talk about it?

Just at this time, a noisy sound came out, and then Li Dongling, along with the Pingyang City Government and Hanxi Provincial Government, and a group of leaders who came over today, appeared in front of everyone.

Seeing Li Dongling appear, a group of reporters ran over in a mess, and even the reporters in front of Zhang Yufeng and Yu Minhong were much fewer.

Regarding this, Zhang Yufeng and Yu Minhong didn't have any dissatisfaction. Honestly, as long as you have read today's latest news, you know who is the person with the greatest topicality in the country today.

"Congratulations, Li Zong, for becoming one of the first people in the country to enter the Asian rich list. May I ask what your opinion is on your ranking on the Asia Weekly Wealth List?"

"Li Zong, you are ranked 16th among the top 20 richest people in Asia this time. Are you dissatisfied with the ranking?"

"Asia Weekly Wealth List estimates your net worth at 8.4 billion US dollars. There are rumors from media in Singapore and other places that this ranking seriously underestimates your net worth. What do you think?"

Li Dongling had just walked over with Yao Zhengru and several people from the provincial capital when he was surrounded by a large group of reporters. And all of this was because Asia Weekly released the latest issue of the top 20 Asian rich list.

This list, like the previous few years, is basically dominated by Asian Chinese and ethnic Chinese tycoons, including the four major tycoons in Hong Kong, the Malaysian sugar king ethnic Chinese tycoon, the boss of the Asian world, and tycoons from Japan, India, etc.

But different from the previous few years, there was a new face on it, and that was Li Dongling appearing on an Asian rich list. This was the first time someone from the mainland appeared on an all-Asian rich list, and as soon as he appeared, he rushed to the 16th position!

Looking at this wealth list of Asia Weekly, basically everyone on the list has their net worth source from real estate, banking, finance, jewelry, shipping, or rubber and sugar resources. But Li Dongling is the only one who started in the technology industry. More importantly, it is age. People on the list are basically dominated by people in their sixties or seventies, and the average age is over sixty-two!

This also conforms to the stereotype most people have for these tycoons with amazing net worth. Basically, they rely on many years of wealth accumulation, slowly rolling money, and accumulating enough net worth through monopoly or occupying certain industries. They all belong to the old-money tycoons who are richer the older they get.

Not only in Asia, but also in America and Old Europe, it is basically the same. But on the newly released wealth list this time, a new face changed everyone's inherent impression.

Not relying on traditional industries like real estate, finance, insurance, banking, jewelry, sugar, rubber, etc., but playing in the emerging technology industry, the net worth actually impacted 8.4 billion US dollars. At the age of less than twenty-eight, he became one of the new generation of top 20 richest people in Asia!

When Li Dongling appeared on this list, it made the average age of the top 20 richest people in Asia "younger" by a large margin!

This list, because it just spread to the country, so the media that rushed over were just media, but in Hong Kong, Singapore, Taiwan, the Philippines, Malaysia, and other places, it had already stirred up huge waves.

For countless people, the impact of this list was really too great, and it also exceeded the expectations of countless people, even making many media exclaim that a new wealth era might be coming!

In the future, the wealth list might undergo huge changes. The net worth earned by traditional industries like real estate, insurance, finance, etc., might be far inferior to those who play in the emerging technology industry, and the net worth comes fast!

After all, there is a precedent for this. Bill Gates became the world's richest man, and a large batch of technology tycoons emerged in America, replacing that group of old-money people in traditional industries.

And this time, Li Dongling's net worth impacted the Asian rich list, which couldn't help but make people float and think. Within the scope of Asia, will a wave of technology-driven wealth creation also be stirred up?!

Seeing Li Dongling surrounded by media and reporters, Yao Zhengru and several people from the province were all smiling and took the initiative to give up their positions.

In this era of thousands of troops going to the sea, if a province can emerge with the richest person in the country, then for the local city government department, it is a matter that can be credited, boasted, and vigorously promoted, not to mention one of the top 20 richest people in Asia.

This is not just for the local area, where a company that can provide a large number of jobs and tax revenue has appeared, but it can also allow the local city government to take the opportunity to promote the local business environment, attract more companies to enter, and it is easier to pull investment. Of course, it can also become the achievement of many people, which can be vigorously promoted!

Li Dongling looked at this large group of media and reporters in front of him. Although he had contact with Asia Weekly when they released this rich list, Li Dongling still underestimated the influence after this list was released.

"Thank you Asia Weekly for the ranking of Dongling High-Tech Company, but this is just a list, and it is not a ranking of listed companies!

In the country and within the scope of Asia, there are countless excellent companies that have not been paid attention to, such as the Chrysanthemum Factory, ZTE, and Haier, etc. They may also become existences that will make countless people surprised and proud in the future. Valuation cannot represent everything!"

Li Dongling said a few words to the media, and was not prepared to comment too much on his net worth, nor did he comment on other figures on the top 20 Asian rich list.

But the media finally caught the opportunity today, so how could they be willing to let Li Dongling go easily? They still surrounded him and asked all kinds of questions, as if they wouldn't let him go if Li Dongling didn't say something.

"I will accept an exclusive interview with Asia Weekly. By then, other media can also participate together!"

"Today is the groundbreaking ceremony of New Oriental and the IT Training Center. Everyone should pay attention to them. This will be big news in the future. Believe me!"

(End of chapter) ===== CHAPTER 392 =====