Super Rich from Winning a Lottery

Chapter 211: Penguin's Crisis (Part 2)


But Yi Anguo didn't ask, nor did he refuse; instead, he readily agreed to him.

Upon meeting, he found Zhou Mengdie was also there, but Yi Anguo wasn't surprised, after all, the two were childhood neighbors, and Zhou Mengdie always called Ma Huateng "big brother."

Yi Anguo smiled and said, "Boss Ma, you're really good at planning, as soon as I return to Shenzhen, you call and invite me for dinner. Have you been keeping an eye on me?"

"Haha! I had moles planted in your company, with Meng Die here, knowing your whereabouts is a piece of cake!" Ma Huateng chuckled.

"Brother Ma! You're so bad, selling me out. Don't expect me to help you in the future." Zhou Mengdie joked with a laugh.

"No worries! After selling you out, An Country won't dare do anything to you, or else I, as your brother, won't agree and would make sure he tastes how strong my punch really is." Ma Huateng said with a laugh.

"With your build, I doubt you'd be a match for me." Yi Anguo retorted.

The three of them joked around for a while, making the atmosphere very relaxed.

After ordering, the dishes quickly arrived, and the three ordered a bottle of red wine. After eating and drinking, Ma Huateng began to steer the conversation towards serious matters.

"This year, Penguin Company's development is impressive; the stock price has soared, and market value has increased rapidly, reaching a valuation of 40 billion US dollars." Ma Huateng said with great confidence.

"Then what? Feixin is capturing Penguin's users, Xinglang Weibo is also exerting effort, Penguin's user base is dwindling, aren't I right?" Yi Anguo said with a cold smile.

"You've noticed these situations too? I thought you were indifferent to these matters?" Ma Huateng said, a bit surprised.

"What do you think? I'm a major shareholder of Penguin Company!" Yi Anguo said, smiling.

Anguo Group's Hualong Investment Company holds 21% of Penguin Company's shares, making it the second largest shareholder next to the South African company.

And Yi Anguo personally holds 10.41% of Penguin Company shares in secret, since they are held by his several children, there's no need for public disclosure.

However, entering January 2010, Yi Anguo had already reduced a lot, holding fewer Penguin Company stocks, yet still held many since massive selling would cause a drop in stock price.

Despite this, Yi Anguo cashed in 15 billion Hong Kong dollars but only reduced by 5% of the shares.

Nevertheless, Yi Anguo remains the undisputed largest shareholder of Penguin Company, holding over 26% of shares to date.

Calculating based on Penguin Company's highest market valuation of 40 billion US dollars, just this one item makes his assets worth 10 billion US dollars.

Although the 21% shares are held by Hualong Investment Company, it's a company he wholly owns personally, so calling it personal assets is not an exaggeration.

Upon hearing this, Ma Huateng could only helplessly smile and shake his head. Although Penguin Company was founded by him, as the company's founder, he's now relegated to working for others.

The better Penguin Company develops, the more profitable and higher the market value becomes, as the largest shareholder of the company, Yi Anguo is undoubtedly the greatest beneficiary.

"How are you feeling? Are you feeling significant pressure? Mobile Company is several times the market value of Penguin Company?" Yi Anguo teased.

"Mobile Company is indeed huge, several times bigger than Penguin, but it's no big deal, after all, it's a system-bound company, rigid in management. A minor change requires layer upon layer of reporting, waiting for meetings and discussions from above. By the time decisions are made and executed below, who knows how much time has passed." Ma Huateng said with a bit of disdain.

"I don't consider Mobile Company's Feixin as our competitor, our biggest enemy should be Xinglang's Weibo."

"So I plan to create our own Penguin Weibo to compete with Xinglang Weibo."

"Penguin Weibo? I don't think it's meaningful, I'm not optimistic about Penguin doing Weibo, instead of wasting effort without gain, it would be better to focus on social chat software for instant communication."

Ma Huateng frowned and said, "In the field of instant communication social chat software, there's no domestic competitor anymore, how can we continue to focus."

"Do you really think that's the case? You think Penguin Company has no competitors in instant communication social chat software?" Yi Anguo questioned sternly.

"Would you believe if I immediately set up a company to develop an instant communication social chat software, and defeat your Penguin chat software in no time?"

"I know you have a lot of money, but you're not scaring me. Domestically, if you want to compete with me in instant communication social chat software, I'm truly not afraid of you. Even if you throw in more money, you can't defeat the current Penguin social chat software. Even if I set up a new company and develop new social chat software, it can't be a match for Penguin social chat software." Ma Huateng retorted defiantly.

"You should know people have a penchant for initial instincts and habits; everyone is accustomed to using Penguin for social chatting and online communication with friends. Developing new social chat software can't change people's social habits."

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