Under the leadership of Chairman Ren Pingsheng, Wanyou Game held the second meeting of the first board of directors.

At the meeting, all directors unanimously passed the "Proposal on the Early Return of Personal Loans to Chairman Ren Pingsheng" and "Proposal on the Early Return of Short-term Liquidity Fund Loans to Handong Bank" proposed by Director Lin Lisong. All directors unanimously agreed that the company's current cash flow is stable and the account deposits are sufficient, and short-term debts should be reduced and financing costs should be reduced.

At the same time, Chairman Ren Pingsheng also stated that he will continue to support the company's daily operations and will continue to fulfill his loan obligations if there is any funding required in the future.

At the meeting, director Xu Tao also proposed the "Proposal on providing interest-free loans to IS Voice Technology Co., Ltd.".

Chairman Ren Pingsheng analyzed: IS voice technology is of great significance to the development of Wanyou Games, can improve the gaming experience and attract more players. At present, the two companies have established strategic partnerships to jointly develop the next generation of game voice technology and provide interest-free loans to IS companies, which will help the company increase its R&D efforts and seize more market share, and will not harm the company's financial health.

After research, all directors unanimously passed the proposal of director Xu Tao and agreed to provide an interest-free loan of RMB 50 million to IS Voice Technology Co., Ltd. for one year. Before the loan expiration, IS may submit an extension or apply separately.

In this way, the second meeting of the first board of directors of Wanyou Games ended successfully in a harmonious and joyful atmosphere.

......

After the meeting, Ren Pingsheng flew through Yanjing City without stopping, and Lei Jun and Cai Wensheng had been waiting there for a long time.

After Cai Wensheng's mediation, Lei Jun has agreed to Ren Pingsheng's proposal to jointly establish a private equity investment fund.

Since the three of them have previously made multiple investments and business transactions, they have a deep understanding of each other's personal abilities and investment philosophy, and they have a consistent consensus on the purpose and methods of this investment fund.

Lei Jun believes that a good entrepreneur should find the right direction of the market and enter the right industry at the right time to achieve positive returns.

Cai Wensheng believes that the first phase of the Internet industry has ended, the second phase has not officially debuted, and there are still many opportunities in the sub-sectors within the industry.

Ren Pingsheng believes that China is undergoing a great change and will enter a great new era in the future. The country's take-off will inevitably bring about huge economic development.

The three of them set the tone for the fund together:

Focusing on early financing and investment advisory services for start-up companies in the Internet and high-tech industries, we mainly invest in high-quality startup companies in the start-up and growth stages, and achieve respectable and great companies through investment.

In terms of the naming of the fund, Ren Pingsheng and Cai Wensheng unanimously elected Lei Jun as the main creator.

After repeated concessions and deep thoughts, Lei Jun gave the name to the new fund: Shunwei Fund.

To follow the trend is a summary of going with the flow.

Following the trend means following the current situation and leveraging the force to fight the force; while doing means preparing for the future and making a difference.

To follow the trend means to seize the opportunities given by the times, take advantage of the industry trends to keep pace with the wind, and take advantage of the rising and national rejuvenation of the country to become a wave of waves of national economic development.

Ren Pingsheng and Cai Wensheng naturally agreed and praised this name very much.

Whoever can seize this opportunity can cut a share in China's e-commerce cake. Although it may not be able to challenge Alibaba Mama, as long as the direction is right, there is no problem to get a share.

In this industry, Ren Pingsheng has made a list of the main investment directions of Internet e-commerce:

1. Beauty e-commerce. Women have always been the main force of consumption. With the further imbalance of the gender ratio of men and women in China, women will have more consumption autonomy and consumption capacity, and their demand for beauty and cosmetic products will gradually increase. This field pays more attention to consumption experience and brand, is not sensitive to cost-effectiveness, is a natural B2C e-commerce, and is likely to produce industry leaders.

2. Luxury discount e-commerce. The reason is similar to beauty e-commerce. The main reason is to grasp the special demands of urban white-collar women for luxury goods. Especially when the Internet is further popularized, purchasing discounted luxury goods through e-commerce channels is the best channel to satisfy women's consumption psychology. Although the audience in this field is not very large, the customer order price is high and consumers have a strong desire to buy continuously, which is also a good investment direction.

3. Maternal and infant e-commerce. Although the one-child policy is still implemented in this era, the Chinese traditional requirements and standards for raising children are very high, and it can even be said to be put on offspring at all costs. Due to the safety and nutritional aspects of maternal and infant products, consumers are not price sensitive, but they are very picky about brands and origins. As we all know, due to some domestic bad companies, domestic products have a low rating in the minds of consumers. Maternal and infant e-commerce mainly adopts overseas purchasing agents or cooperate with overseas manufacturers, which further requires the centralization of the industry and is likely to appear leading companies.

Lei Jun and Cai Wensheng both agreed with Ren Pingsheng's suggestions. After discussion, the three partners decided to walk on two legs.

On the one hand, openly accept project books and investment plans for start-ups; on the other hand, use their respective connections and channels to actively seek investment opportunities in relevant fields.

The investment plan that followed the trend began like this.

Although Lei Jun and Cai Wensheng are full of confidence, they are just implementing their investment philosophy.

Only Ren Pingsheng knew that every suggestion he made was supported by a successful corporate case in the parallel world.

For the rebirth, investing is just a practice of facts that have happened.

What Ren Pingsheng has to do is just to slowly harvest the list in his heart.
Chapter completed!