Of course, he was bragging a little.
Huanyu Technology's most profitable business at the moment was actually online gaming.
However, even though online games were very profitable, the other series were loss-making.
For example, the early instant messaging game YY only started to make money recently. The gaming industry had been subsidizing them for a long time.
Another example was the Huanyu Mall, which was still not making money.
Not to mention, there was still the electronics manufacturing industry, which was even more difficult to make money.
To be honest, even though Huanyu Technology earned a lot from online gaming, after a year, they didn't have much left.
Otherwise, why would Chen Yu borrow money from WeChat without asking for interest?
However, Yang Yuanqing did not consider this.
Or rather, he did not consider it at all.
Lenovo was not like Huanyu Technologies, which had to do everything.
In Yang Yuanqing's eyes, the global economy was in the midst of integration, so there was no need to do everything.
Even if he wanted to do something, he might not be able to do it as well as others.
Rather than that, he might as well focus on one area.
This thinking was not wrong, but at a critical moment, this kind of thinking was the most fatal.
"Boss Yang, let's go take a look at 5173."
“5173？”
"5173 is the second gaming department of Huanyu Technologies. They used to be a portal. But recently, the online gaming business has been developing quite well. "
"You're talking about Dungeon Fighter Online, the game that set a record of 1.2 million concurrent players on the first day of open beta?"
"Yes, that's it."
"How much money did the game make?"
At this moment, Yang Yuanqing did not beat around the bush and asked directly.
"The game was released less than a month ago, so it didn't make much money, probably one or two hundred million."
"Okay."
After being shocked by Chen Yu, Yang Yuanqing was already immune to this one or two hundred million.
Although he knew that one or two hundred million a month meant two billion a year.
However, looking at Huanyu Technologies' online games, 2 billion was just their average performance.
"Boss Chen, I won't be going to 5173. I want to talk to you."
After a day of shopping, they were almost done. If they continued shopping, they would not be able to talk about the proper business.
It did not matter whether they visited 5173 or not. Yang Yuanqing knew that it was more profitable than Lenovo.
Although it was impossible for Yang Yuanqing to give up on computers for the sake of gaming, wouldn't it be better for him to make some extra money?
"Boss Yang, what are you doing?"
"I would like to speak with you in private."
"Alright, you guys can leave first."
Chen Yu invited Yang Yuanqing to his office.
"Boss Yang, there's only the two of us here. If you have anything to say, just say it."
Chen Yu invited Yang Yuanqing to take a seat and made a pot of tea.
Yang Yuanqing took a small sip, put down the teacup, and said, "Boss Chen, I'll be direct. I want to represent your company's online game business."
There was no need to beat around the bush at this time. Yang Yuanqing went straight to the point.
Of course, since Yang Yuanqing was so direct, Chen Yu would not agree immediately.
"This …"
Chen Yu said hesitantly.
"Boss Chen, what's wrong?"
"Boss Yang, I don't think your company has any experience in running online games."
"Boss Chen, you're not being honest. Qinghua Tongfang doesn't seem to have any experience as an agent either."
"Boss Yang, it's not that easy to represent online games. Many agents lose money."
"I believe in Boss Chen's judgment."
"Boss Yang …"
"Boss Chen, don't say anymore. Just state your conditions."
Yang Yuanqing interrupted Chen Yu's words.
Yang Yuanqing was not stupid. How could he not see through Chen Yu's act just now?
Moreover, in Yang Yuanqing's opinion, Huanyu Technologies' cooperation with Qinghua Tongfang was not as simple as not wanting to give up to a competitor of the same kind. If you could see Lenovo taking down Guanlan Park before Huanyu Technologies took down Guanlan Park, then you would understand why Huanyu Technologies would cooperate with Qinghua Tongfang.
Although Yang Yuanqing had been tricked by Chen Yu several times before, he had no choice.
Chen Yu had been using high-dimensional concepts to fight with Yang Yuanqing. Not to mention Yang Yuanqing, even Liu Chuanzhi would be tricked if he was not careful.
However, although he could see through it, Yang Yuanqing had to admit that Chen Yu was really good at acting cool.
Chen Yu's acting was really high-end and classy.
If it was him, if his games were so profitable, he might act cool even more.
"Boss Yang, really …"
Chen Yu smiled awkwardly, but he was not embarrassed at all. He changed his expression and said, "Boss Yang, what conditions can you state?"
Since Yang Yuanqing had seen through it, then he might as well get straight to the point.
Since he had seen through it, then so be it. The profitability of Huanyu Technologies' online games was right there. He could not help but be tempted.
With this level of profitability, not to mention Yang Yuanqing, even if the head of the company, Liu Chuanzhi, was here, it would be the same.
After all, online games had been one of the most profitable businesses since the development of the internet in China.
Even in 2020 in his previous life, the profitability was terrifying.
In Penguin's financial report in 2020, gaming accounted for more than 30% of the total revenue.
What was even more terrifying was that Penguin's gaming revenue in his previous life had exceeded 20 billion USD.
If converted to RMB, that would be around 150 billion USD a year just from gaming alone.
What could be more profitable than gaming?
"Boss Chen, you've already thought about everything. Do you still need me to say it?"
Yang Yuanqing said as if he had seen through everything.
"Boss Yang, you have sharp eyes. I knew you would see through my little tricks. I have indeed thought about it, but I don't know if Boss Yang can make this decision. "
"Of course not, but I can give you one-tenth of Lenovo's OEM business."
"One-tenth is too little. Boss Yang is not sincere. Boss Yang knows that I have invested tens of billions in Guanlan Park. "
"Since I am here, I have already shown my sincerity. At most, we can give you 20%."
"Boss Yang might not have thought it through. In fact, we are giving away hundreds of millions of RMB to Lenovo every year for free."
Huanyu Technologies's least profitable game still made 500 to 600 million RMB a year.
Based on this standard, it was equivalent to one-third of Lenovo's profit.
Of course, if it was any other company, it would be bullsh * t.
Although online games made money, a lot of OEM games were also dead.
Huanyu Technology, on the other hand, was a shining gold-plated signboard.
"30%."
Yang Yuanqing seemed to have made up his mind. He said, "I can only give you 30%. You know, although the OEM business is not a big deal, the scale is huge. We have always had a stable OEM business partner. If you want to remove them all at once, it is not up to me. 30% is the highest I can give you. If you want more, Boss Chen will have to talk to President Liu. "
"Deal."
There was no more bargaining. Chen Yu was in the OEM business and knew that Yang Yuanqing was not lying.
A mature electronics company would not easily change OEM partners. Even if they wanted to change, they would not change all of them at once.
Not to mention a mega corporation like Lenovo.
Although they did not make much money in a year, the reason why Lenovo could still be called a giant was because their sales were terrifying enough.
100 billion RMB in sales in a year. This was enough to dominate the market in 2005.
Even if they did not make any money, 100 billion RMB in sales was not something a normal company could compare to.
Also, they were in the high-end physical manufacturing industry. This played a huge role in promoting the development of the entire industry and the economy.
Being able to get 30% of Lenovo's OEM business already exceeded Chen Yu's previous plan.
Chen Yu reached out his right hand and said with a smile, "Happy working with you."
(End of chapter)
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