Chen Tianqiao: Shanda has never violated the law and does not need to modify its image.

Chen Tianqiao's biggest worry: maybe when a new technology will emerge, a group of enthusiastic young people will create a brand new company, just like the grand one of those years!
In March 7, a warm and sunny day was ushered in. Chen Tianqiao, Chairman and CEO of Shanda (SNDA. NASDAQ), received an interview with the reporter of the First Financial Daily in the sunshine living room at No. 690 Bibo Road, Pudong.
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Successful enterprises are the same as happy families.
First Financial Daily: In our imagination, you should be very nervous and tired recently, but it looks like you are very good.
Chen Tianqiao: (laugh) in fact, the Grand acquisition of SINA shares is not as much as the speculation outside. As we disclosed in the 13-D form, Shanda hopes to go to the Sina board of directors, but we can also return, that is, sell the Sina stock at hand. In this favorable situation that can be pushed in and out, my mentality is just taking the lead!
I cannot talk about this matter as required by law. It can be said that if there is really a major move, such as the steps for entering a specific issue in the negotiation with Sina's top management, or we have decided to exit, it must be reflected in the 13-D form. Otherwise, investors can accuse us. If our intention is to sell these shares for speculation, investors can also accuse us of fraud, because the motive in the 13-D table is not so disclosed. If the "very details" of Shengda and Sina are not disclosed, Shanda and Sina will not be able to take full advantage of US law.
Our media department monitors the media every day, and more than 2000 reports have been monitored. But there must be more than that, because even my hometown newspaper in Xinchang, Zhejiang province is being published. President Tang Jun bought ten types of newspapers at random at a newsstand in Beijing and found that almost everything mentioned this.
If I change my name for some of the current reports, I will think I am watching others' stories.
First Financial Daily: the outside world Comments on Shanda. For example, Shanda is a "nouveau riche". What do you think?
Chen Tianqiao: we operate as permitted by law. As for "Outbreak", which emerging enterprise has never experienced "Outbreak? There is a famous saying in thostee that happy families are similar and unfortunate families have their own misfortunes. As a matter of fact, a successful enterprise is similar to a happy family, and its initial trajectory is similar. In addition to some monopoly enterprises, in the current pure market economy environment, almost all successful enterprises rely on seizing a new technology and new business opportunities to develop rapidly. After initial success, their fate is ever-changing.
What is difficult for enterprises is not "Outbreak", but a hundred-year-old store. In China, there are very few companies that have been able to maintain success for 10 or 20 years. The most important thing here is how to make a strategic layout around the core advantages: first, what is the ideal of an enterprise? Second, how should we lay out this ideal? Third, how should we implement the layout and use external resources to accelerate implementation?