Reborn Entrepreneurial Giant

Qu Li used his connections in the film and television entertainment industry to find executives who are suitable for the business in the same city. He must have good character and be familiar with the performing arts industry. It is bound to not go well. Fortunately, he is not in a hurry, the direction is right, there are few competitors in the market, those who are capable are not as rich as him, and those who are richer than Jumei may not be able to take a fancy to this small business.

Continue to improve Mtime.com, and I won’t introduce the reading section. Focusing on mobile reading, it can be regarded as palm reading and WeChat reading. They are similar anyway. The important thing is copyright. The best choice is of course Singularity. Unfortunately, Shengtian still wants to With the listing of Shengtian Literature, the management of Singularity did not seem to be alienated from Shengtian, and Qu Li did not plan to do web articles for the time being.

What Qu Li is most hesitant about is music. Whether to make it himself or acquire Kugou Kuwo. Even if he acquires both companies at the same time, it will not be very expensive. Not to mention bringing a large number of users to Mtime.com, it can also save a lot of money. Time costs.

"What is the purpose of making music?" Lu Qi asked Qu Li

"Provide music value-added services for Jumei..."

"What is the most important thing in making music software?"

"Music copyright."

"..." Lu Qi didn't expect Qu Li to say such an answer,

Domestic music software has a fart copyright, isn't it user experience?

Qu Li thinks that his love for NetEase Music has changed from love to abandonment. It seems that it started with the loss of Jay Chou’s music copyright. Anyway, NetEase lost a lot of music copyrights. Later, it seems that because Taobao has free members, NetEase Music users have more users Not a lot.

NetEase Music? The largest music review site on the entire network, it understands your music recommendation mechanism better than you, as well as playlists, cloud disks...

Jumei seems to have no technical accumulation for the intelligent recommendation algorithm, should we wait? Now that time music is launched, it has no advantage compared with Kugou and others. Forget it if you don't open it, and get the authorization of "The Voice", the music of this program can only be played on Time Music, it seems that it can also play a promotional role.

"It's not urgent. The successful development of Jumei Thousands of People and Thousands of Faces algorithm can easily feed back to Time Music. Cooperating with "The Voice" can promote Time.com at the same time..." Lu Qi and Qu Li affirmed this idea in the exchange, This year's "The Voice" will start broadcasting during the summer vacation, and the business cooperation has already begun. Jumei Glory has the priority, but Lu Qi is responsible for this matter.

"Developing a music software in two months, can it be done?" Qu Li was a little worried: "Time is not Jumei, and the work intensity is not so high."

"It's just a player..." Lu Qi dismissed it, and it will be fine in a few days

For such a simple matter, Mtime.com CTO Guo Pan had to "actively" start working overtime a month later. After "The Voice" started broadcasting, Mtime Music was once down due to too many users, unable to download and play music. Gemusic and Juyun Technology both transferred a group of people to work overtime.

"You don't have to work overtime..." Guo Pan

"Why don't you go home and rest?" Qu Li said weakly,

"What about Time Music?" Guo Pan

"I'm asking for help. Anyway, I don't understand. It's normal to ask for help." Qu Li said innocently.

"You..." Guo Pan pointed at Qu Li and was speechless. He thought that the promotion and salary increase would take away all the good things, but he didn't expect to be cheated.

It's a pity that I couldn't resist in the end and had to hire someone. The seemingly simple music download function, Kugou is better than Time Music, and cloud computing, just experienced the 6*18 promotion, and faced the surge of Mtime users. traffic surge.

Of course, all of this is something for later. Qu Li and Lu Qi communicated well, and started to develop cloud music with Guo Pan. The interface is simple, the skin is turquoise, and there is no sound effect for the time being. Try to find a better sound source, such as 320kbps bit rate. But these are not urgent, first make a music software to meet the basic music needs, and gradually unlock more functions in the future.

We must know that the broadband network speed in China in 2010 was at most 4M, and 100M optical fiber has not been popularized yet, so mp3 with a bit rate of 128kbps is now the mainstream. In the same way, it is hopeless to make 720P/1080P high-definition video at this time, and the user experience will be even worse.

As for music reviews and smart recommendations, of course, they will not be launched at the beginning. They will not be considered until Time Music has gained a certain user base.

That is to say, when Time Music was launched, it was no different from Kugou, Kuwo, and QO Music except for its good looks, fast opening speed, and small memory footprint.

After some adjustments, the equity relationship between Wechat and Instagram was transferred to Time Company, which was registered and established in Xingsha, and Kuxun was transferred to Lin Bing, who is also in Beijin Guge Company.

While Qu Li established Time Company, he asked Lu Tao to take over Qiancheng Motors, making final preparations for the launch of the two new cars, and occasionally had time to travel around. Originally, I wanted to go horseback riding, boating, and fishing, but unfortunately only the problem of fishing was easy to solve.

Xu Shi could not understand Qu Li's idle life, Zhang Yiwen took him to participate in the establishment of Xiangjiang Fortune Bank, and soon a general plan was finalized, Xiangcai Group accounted for 55% of the shares, and several major state-owned enterprises in Hunan Province accounted for 45% of the shares. At the same time, state-owned enterprises account for more than 60% of the shares in Xiangjiang Fortune Group, but the shares are scattered among seven or eight local state-owned enterprises. The state-owned enterprises directly under the two provincial governments hold the most shares, but neither exceeds 15%. 35%, with one veto power, it can be said that it is truly state-owned and private.

Before the mixed-use reform of state-owned enterprises was promoted in China, Hunan Province’s approach was regarded as the first in the world, so it received the key attention of relevant domestic departments. Originally, Xiangcai wanted to get the insurance license in one go, but it was blocked. Fortunately, these troubles have been vortexed by the provincial government, and there is a high possibility of obtaining a life insurance license, but it will delay some time.

Xiangjiang Fortune Bank mainly serves small and medium-sized enterprises, based in Hunan Province, and radiating the whole country. This was the vision of Huarong Xiangjiang Bank back then. Unfortunately, it never went out of Hunan Province. Later, it was renamed Huxiang Bank and boasted that it has a history of 100 years.

Now it is controlled by Xiangjiang Fortune, which is not as influential as Huarong. With the same vision, I don't know if this bank will bear different fruits. It stands to reason that BYD Electronics Foundry can drive a group of affiliated companies to settle in Xingsha, including the OLED factory in cooperation with BOE, as well as Qiancheng Automobile and Mtime. So many excellent companies will be established in Xingsha. Fortune Bank has a successful foundation. There should be a better future. Just like Ningbo Bank, it also developed by relying on the strong local private economy.

In Qu Li’s view, Xiangcai Group’s future is bright as long as it operates according to its duties, but judging from financial media reports in 2010: Although this financial holding group has a good performance, it was forcibly ripened. Big problem.

Regardless, Qu Li and Xiangjiang Fortune Group have nothing to do with each other on the surface, and the doubts from the outside world can't reach his ears. After all, there are already a lot of doubts about Qu Li in the media.