In the luxurious suite of the cruise ship, Li Yuan and Ying Xin changed into...a few leaves. Ahem.

Okay! I admire the ingenuity of the Hollywood prop master, who made those pieces of green cloth like strings of leaves, just enough to cover those key parts...

Ying Xin faced the mirror and twisted around anxiously: "Yuanzi, are you just going out like this? What should I do? This... is too little!"

"Uh..." Li Yuan quickly glanced at it. At least it was better than a bikini with a few more laces. "Xinxin, let's go! Everyone outside is the same. Isn't it a barbarian theme? Why, I'm not confident in my figure.

?"

"Huh!" Ying Xin glared angrily. My mother was very confident that she knew what to say, "Let's go! Who is afraid of whom?"

While laughing and joking, the two of them arrived on the deck. However, before they could stand firm, they heard screams from everyone on the deck, and then several programmers from their own company, all mosaics from the neck down, actually surrounded them in public.

He was running around on the deck, causing those barbarian girls to laugh and spat.

"Ah——!" Ying Xin screamed in the same voice, "shyly" hiding behind Li Yuan, desperately looking at those naked and sexy fat men.

Whistling, Martin happily came to Li Yuan: "Boss, they lost a bet, so they need to perform this show."

"Hahaha!" Li Yuan also laughed, "They should be sent to the Super Bowl with our company's advertisements plastered on their butts."

"Hehe, sir, it will be super late later, and the beauties will play mud football. Hehehe."

"Ah?" Ying Xin was shocked. I didn't expect capitalism to be so decadent and backward! It seems... I like it very much. Hee hee hee!

…

Days and nights of carnival on luxury cruises passed by quickly. By next Monday, Parallel Line Technology's shareholder meeting was grandly held.

There is nothing very new in this kind of formal shareholders' meeting. It is just some commonplace talk and an introduction to some basic conditions of the company.

The only difference is that Internet companies are more passionate, constantly shouting slogans and promoting chicken blood, making it look like a pyramid scheme. It is indeed more characteristic of the times.

Of course, according to the process, a speech by Chairman and CEO Li Yuan is required:

"...Dear shareholders, you have just heard the introduction that our parallel technology business is developing well, and our main business is growing very fast. In the battle for traffic, we have always maintained the top three positions...

…”

After a few official sentences, Li Yuan suddenly changed the subject: "Gentlemen and ladies, I noticed that you all attended this shareholders' meeting with expressions of joy in your hearts. Indeed, since the successful IPO of Parallel Line Technology, the stock price has skyrocketed.

It has increased by as much as 10 times. Although it has not surpassed some Internet super stocks, it has also given very good returns to shareholders."

"But here, I don't want to brag, but I want to remind everyone - if we continue to burn money, the stock price rises, burn more money, and the stock price rises again... we will definitely face a very serious crisis.

It has even brought survival crisis to many Internet companies!”

"Boom——!" The whole place suddenly exploded. It was like pouring a bucket of ice water on the company during the most lively moment. Many shareholders were shocked by these words.

"Here, I want to announce that our Parallel Line Technology will change its business strategy - we will no longer continue to burn money, and everything will be focused on monetizing traffic. Moreover, we will continue to optimize our staffing and compress all unnecessary advertising.

Necessary expenses..."

Finally someone couldn't hold it back: "Sorry! Li, do you mean to shrink the business in an all-round way and no longer burn money in exchange for traffic?"

Li Yuan nodded: "That's it. We will change to focus on traffic, and everything will focus on profit. We hope to bring better returns to all shareholders."

"Isn't it right? Li!" Another person stood up, "The current Internet model is: traffic is the stock price! If profit is the main focus, we all know that the price-earnings ratio of Internet companies cannot maintain the current stock price at all?"

"Sorry! There is indeed such a possibility. But it is also a pain, and it will make Parallel Technology healthier." Li Yuan made a gesture and hoped that there would be no interruption. Li Yuan continued, "What I said is no longer burning money.

, it does not mean that we will not continue to invest. In the future, the company's investment will be in the following aspects: first, investment in technology, pursuing the most cutting-edge Internet technologies. If necessary, we can even acquire and acquire some Internet technology companies; second,

The focus is on the advertising field, the game field, and the ecological chain of parallel communities. It is not pursuing full bloom, but in-depth cultivation of these main businesses; third, it allows the company to ensure a huge cash flow and is always ready

With this possible Internet crisis; fourth, future traffic development will mainly be through U2. And we will promote the gold medal project on U2, support a group of Internet gold medal celebrities, and create a new profit model. To this end, we will

Need to save every dollar!”

However, after hearing this, the shareholders below still couldn't accept it.

Don’t forget, now is a crazy time. Should we just run a business honestly? Isn’t the Internet just a hype concept?

"Li, forgive me for my bluntness. Parallel Line Technology has chosen this... well, a very conservative business strategy! Does this mean that you will withdraw from the Internet competition? Maybe you will voluntarily admit defeat?"

"Haha." Li Yuan smiled and shook his head, "That's not the case. We hope to establish U2 as a separate subsidiary and list it independently in the future. We will also set up an E-shop subsidiary and prepare to be independently listed in the future.

"

"E-shop?"

"Yes!" Li Yuan made another gesture and started to show the slide show on the big screen behind him: "Gentlemen and ladies, the current Internet model we know is to use various concepts to hype.

Try to get as much traffic as possible. But our parallel lines are different, do we still lack enough traffic? Apart from Yahoo! Which company in the world has higher traffic? Does it have more customers?"

This chapter is not over yet, please click on the next page to continue reading! Amidst laughter, Li Yuan continued: "But this time, we decided not to choose those traditional Internet models. Everything is for profit! E-shop is one

It is a brand-new and oldest online store model. We do not want to swallow up the whole world in one go, because the market is immature, transactions are immature, payments are immature, distribution is immature, etc. But we give priority to a more mature place.

That is the Los Angeles area and the Greater Bay Area in California. Our slogan is the free shipping area!"

“Free shipping area!”

"Yes! We will provide the cheapest products. It is not a subsidy brought by burning money, but real low-price and good quality, guaranteed to be the cheapest to make a profit! We support online payment and free shipping to your home! We don't even need a tip.

Payment. Sufficient and cheap products are provided to our customers in Los Angeles and the Greater Bay Area. Moreover, in this area, the Internet economy is relatively mature, and investment can be recovered as soon as possible to ensure the company's profitability."

Oh? Upon hearing about such a new concept, those shareholders were refreshed and had something to speculate on, right?

"Lee, why not promote it across the United States? I think your concept is very attractive."

The whole audience laughed and applauded.

Li Yuan smiled and waved his hand: "It's different this time. We only need three points: market return! Market return! Market return! Say important things three times?"

Amid laughter, Li Yuan said: "If the free shipping area model is successful in this area, it will be gradually promoted in the future, such as the New York area and the Great Lakes area, as well as some large urban agglomerations in Europe. Remote areas will be temporarily abandoned.

We only select areas with the highest success rates."

Here, Li Yuan's subtext is - if it is successful, then promote it; if it is not successful, the E-shop project will not cost too much money. Parallel Line Technology should be able to bear it.

It’s all about cash flow anyway!

"Li, how can you guarantee what you said - the best quality and the lowest price?"

"Keep it secret! This is a company secret!"

The whole audience laughed again.

…

The free shipping area project that Li Yuan mentioned is the last benefit given to Parallel Line Technology. Whether it can transform into an e-commerce company depends on the subsequent management team. It may be able to grow into a giant like Amazon.

, maybe it will become silent like E-bay. Anyway, this is the future, and Li Yuan doesn’t need to worry about it.

Therefore, so far, Parallel Line Technology already has related technologies such as browsers, and has an Internet ecological platform such as Parallel Line Community, which can derive game public platforms, funeral alliances, etc. Ahem.

There are also parallel lines of OEM brand hardware sales, social software platforms like U2, and now e-commerce models like E-shop.

If you still can’t play well? Li Yuan is really helpless.

And on the other hand, California itself is rich in products, with all kinds of agricultural products. Coupled with the West Coast ports, there will be a large number of cheap goods made in China in the future. And through "Singles' Day", "Have a knife" and other promotional methods, how can

Maybe it can’t be done well? And it also brought a huge amount of business to Li Yuan’s domestic and overseas industries.

Not to mention other things, can it at least ensure the business volume of Liyuan Shipping?

In any case, this shareholder meeting was considered a complete success. However, the American media has always been pervasive, and they immediately obtained the inside information.

"Shocked! Li made a strong speech at the shareholders' meeting and was not optimistic about the future development of the Internet."

"Parallel Line Circus opens again, this time the target becomes E-shop"

"The parallel lines are about to shrink in an all-round way, and they are suspected of encountering difficulties in the capital chain"

…

Although the contents of the speeches at the shareholders' meeting will not be made public, some more practical words can be said.

But what is the background now - so crazy!

There is a saying that under such a background, normal sober people have become aliens, and there is no room for even the slightest voice of doubt.

Besides, the media in the world are almost virtuous, lest the world not be in chaos!

Many media outlets distorted Li Yuan's words, fearing that they would not attract attention, so they concocted one shocking article after another.

Moreover, these shocking articles are not fabricated out of thin air, but can also produce a lot of very strong evidence!

After the shareholders' meeting, Parallel Line Technology changed the style of the Internet industry. There were no extravagant parties at all, not even the cheapest buffet.

There were a large number of cancellations of the original publicity and distribution advertisements in various media. Strict cost control was also carried out in every link.

This year's recruitment plan has been greatly compressed. A large number of outsourcing businesses have been cut, and the growth rate of wages and benefits has also been strictly controlled...

Of course, after these measures came out, they inevitably brought about sequelae. Senior programmers in the parallel line were constantly poached by headhunting companies.

In addition, an independent U2 company was established. It also quickly completed Series A and Series B financing from the market, obtained a large amount of cash flow, and transferred some employees to this subsidiary.

In addition, the establishment of E-shop also diverted a large number of employees. It also quickly completed angel round financing.

No matter how you look at it, it looks like you are desperately trying to waste money after running out of funds...

Of course, Li Yuan's real purpose is nothing more than to increase the company's cash flow and lay off employees in disguise to reduce costs.
To be continued...