February 13, 2007 is destined to be a day remembered by history.

Just as people all over the world are carefully preparing and looking forward to the upcoming Valentine's Day, American New Century Financial issued a profit warning for the fourth quarter of 2006.

HSBC Holdings, which has great influence in the global economic circle, also announced its performance on the same day and increased its additional reserves for subprime housing credit in the United States to US$7 billion, totaling US$10.573 billion, an increase of an astonishing 33.6%.

As soon as such amazing news came out, it immediately caused an uproar. The entire financial circle was no less than a magnitude 12 earthquake. The stock market fell sharply that day, with the Hang Seng Index falling by 777 points, a drop of 4%.

Wall Street was shocked!

You know, these two companies are companies with huge influence in the United States. Their sudden actions cast a faint shadow on the heads of almost all Americans.

The news was quickly passed through various channels to all corners of the world, and even CCTV's news reported on this.

Once reported, the people suddenly burst into cheers, as if they saw the American economy being frustrated, which was a very encouraging thing for them.

However, many business people have faintly smelled a bit of danger. Even though the current impact is still only in the United States, they have begun to feel a little uneasy in their hearts.

Especially Ma Yun, when he saw this news from the news, the words Bai Ningyuan said to him at the lunch at the Economic Forum were immediately revealed in his mind.

Although it was just a sign in front of me, Ma Yun felt that what Bai Ningyuan said seemed to be gradually becoming a reality.

Sitting on the sofa and pondered for a while, Ma Yun picked up the phone and asked his secretary to notify the senior executives in the company to hold a meeting tomorrow.

The opportunity for Taobao to take off has come.

However, the impact of these news is only a small number of business tycoons and companies that do import and export trade. Most media do not pay too much attention to this matter, but are still paying attention to the dream-realization plan launched on Leku Weibo.

As Yan Yiyi continued to upload beautiful pictures of her photos at various scenic spots in Qinghai and Tibet to Weibo, and several other bloggers were once again selected to be the lucky ones to realize their wishes, Bai Ningyuan launched this event that suddenly surpassed all competitors and became the most popular one. Weibo has also become the preferred platform and social media for more and more young people.

Perhaps seeing the great success of social media in the domestic Internet industry, especially the successful model of Alumni Network and the development of Penguin Space, it is simply jealous. Even the campus network, which was suppressed by these two, was acquired by the ambitious Qianxiang Group some time ago, and sounded the clarion call to challenge the two major social network giants again. Because of this, major portal websites could not sit still and launched their own blog services, focusing on the social network card, trying to expand their influence in this field.

The reason why I joined this battlefield is because with the rise of community networks, the influence of traditional portals is declining significantly, and profitability has also declined. This can be clearly seen from the Alexa ranking that the seats of traditional portals in China are also undergoing significant changes.

On January 10, the China Internet Association released the "2006 China Internet Survey Report". Data shows that among the relative market share indicators of portal users, the share of Xiulang is 19.6%, the share of Internet profit is 18.11%, and the penguin is 16.95%, while the traditional powerful tycoon is left far behind.

In the comprehensive ranking, Xinlang, NetEase and Sohu are the alumni network and Penguin, which focus on social services, left far behind. The market recession has forced these portals to find new profit points.

However, the market for this social network is so big. There are already many companies sharing cakes. Among them, Alumni Network, Penguin Space, the newly emerging Weibo and campus, divided 95% of the entire market, and dozens of social networking sites are also scrambling for the remaining 5%. After major portals join, there will inevitably be a new round of fierce competition.

Of course, Bai Ningyuan is not worried about these things. In the early stages of his development a long time ago, he has been planning for the future. At present, in this social field, the three popular products of Lexunli, Alumni Network and Weibo have joined forces to attract hundreds of millions of users to be active in the social kingdom constructed by Bai Ningyuan, allowing Leku Entertainment to maintain its position as No.1 in the domestic social field. Even if it is a powerful portal, don’t think about shaking it with any follow-up products.

Because of this enough confidence, Bai Ningyuan did not care about the things outside, but flew back to Langya to celebrate the New Year with Liu Siying.

At this time, Bai Ningyuan was no longer the unknown little guy back then. Because of the name of the youngest billionaire in China and various topics over the long period of time, he almost became a well-known figure in Langya. Almost from the beginning of his return home, he was unable to rest for a moment. People who visited him can be said to be endless. From relatives and friends to subordinates of the company, from the secretary of the municipal party committee to classmates, the threshold of his family was almost trampled, which made Bai Ningyuan helpless and could only sneak back to the old house, and then he hid in peace.

However, as the saying goes, he can hide for a while but can't escape for a lifetime. Because of this special time of New Year, many customs are inevitable. Starting from the evening of New Year's Eve, the calls he received almost exploded his cell phone.

In short, the New Year seemed to be an extremely painful thing for him.

He almost endured the year with his family for the fifteenth day of the first lunar month, Bai Ningyuan couldn't wait to return to the capital and start his new year's work and study life.

After the work in the new year begins, there is a lot of work to do now. In addition to the financing of Lefu system and Orchestra Network, there is another thing that also touches Bai Ningyuan's heart, that is the Shanghai International Auto Show that will arrive soon.

Last year, after a series of media reports, the domestic automotive industry had fully realized the strong rise of emp, and at the same time proved to everyone that new energy vehicles do not only exist in theory and books. The era of new energy vehicles has truly come to people's lives.

Coupled with the collision test that shocked the global automotive industry, everyone in the domestic automotive industry is full of interest in concept.f. Not only them, but many netizens are also the same. This can be seen from the Tieba of emp and the corresponding sections of the forums of major automotive portals. The various concerns and speculations about concept.f are also seen.

Since December last year, preparations for the Shanghai International Auto Show have begun to be launched within the emp. Almost everyone in the marketing department is working overtime to produce exhibition and performance plans, contact exhibition tools, shoot advertisements, etc., and is almost always busy.

Now, there is still more than a month before the Shanghai International Auto Show, and all preparations have entered the final stage. The workshop has begun to manufacture concept.f for production and display.

In addition to meeting the needs of the Shanghai International Auto Show in a few days, there is another more important reason. After reaching a cooperation with Jili Group, emp and local robot companies invested 1 billion to introduce and build a fully automatic electric vehicle production line. It was just installed and debugged after the New Year. With this production line, emp's daily electric vehicle production will reach 200 vehicles.

The introduction of the production line is to prepare for the subsequent mass production of mass-produced models. Now, after concept.f is officially finalized, emp's electric vehicle R&D center has begun mass production design of models.

Now, emp is moving forward step by step according to the path designed by Bai Ningyuan.

Competitors across the ocean, in the famous Tesla in his previous life, are about to face the concentrated outbreak of many problems, such as changing the company CEO, and the most serious one is the gearbox problem.

As a supercar comparable to Porsche and Ferrari, Tesla's first model is now developing, which has very high requirements for high performance acceleration. In this era, the situation where ordinary electric cars developed in other companies do not have multi-stage gearboxes, obviously cannot meet the needs of roadsters. Because asynchronous motors have low power output efficiency at low speeds, Tesla has been planning to introduce a secondary gearbox and is always working hard to overcome this problem.

But the problem is that there is no precedent in the industry to conduct systematic research and development between high-voltage and high-power electronic control system and transmission coordination.

More importantly, for electric vehicles, a gearbox is not an essential component. This has been verified in previous lives, so the current Tesla's research and development direction is wrong, which has led to this roadster being in a bottleneck.

This is definitely a very good opportunity for emp, which can help them seize the time, strengthen themselves more, and gain capital to compete with their opponents. You should know that at last year's Beijing Auto Show, the appearance of concept.f has attracted attention. After the safety test that shocked the world, the name of emp was paid attention to by many unscrupulous people, looking forward to its performance, and has a large number of fans.

emp, under the utmost anticipation, is writing the legend of China-made...

The second update today!

I feel like I've written a piece of shit recently. The more I ended up, the less I didn't know how to write it. I have been writing a book for many years, and the plot was out of control for the first time, and I was heartbroken...
Chapter completed!