Century Jia Yuan Gong: The individual has the bottleneck

There is "Little Dragon Woman" the title of Gong believe that "can afford to put down", also think that life should be phased

Century Jiayuan founder Gong today responded to the outgoing co-CEO. Gong that nine years of entrepreneurship has allowed her to reach the pinnacle of her career, but her own business bottlenecks have emerged. She hopes that her resignation and decentralization will bring new breakthroughs to the company's business.

Yesterday, century Jia Yuan announced founder Gong no longer as the company's co-CEO, transferred to the joint Chairman. The incumbent CEO, Wulin, became CEO and was appointed director and continued to be responsible for the day-to-day management and operation of the company. It also means that the century-old CEO transition phase of the 9-month period has shifted from a company with a strong founder color to a company managed by a professional manager.

Sina technology through the inquiry SEC documents found that Gong October 22 this year held 19.34% of the century Jiayuan company shares entrusted to the name Pangu (Pangu) Trust Fund care, the latter is an irrevocable trust established under the British Virgin Is. law. Gong is the trustee of the Trust, and she and her family members are beneficiaries.

Outside speculation whether this means that gong will gradually fade out of the company, Gong responded that this is only their own way of managing money, does not mean that the company will fade out.

"Nine years of entrepreneurship, has been all the time." Personally, there will be bottlenecks and new breakthroughs in business. "Gong explains why the outgoing CEO. In her view, nine years of entrepreneurship and the century Jia Yuan listing has let her stand on the pinnacle of career, from a personal point of view, she "has been relatively complete."

But Gong is clearly aware of its limitations, century Jia edge of nearly a year's performance is not satisfactory. Earnings showed that last year, the four quarter, century Jiayuan performance from surplus to loss. In the first quarter of this year, despite a return to profitability, net profit was only 5.2 million yuan, down 57% year-on-year. In the second quarter, century Jiayuan net profit recovered to 2011 level of 20 million yuan, but the three quarter began to appear year-on-year and the chain decline.

As the founder, Gong finally chose "resignation", hand over the company's actual management. This March, Century Jiayuan announced the appointment of Wulin Light as the joint CEO, now it seems that this is the beginning of gong decentralization. "As a founder, I need to have an observation period for him (Wulin light), and also need to take him to know the business." I'll end up handing the company over to him until I'm sure there's nothing wrong with the person. "Gong so summed up the century good margin of the" transitional period.

In March this year, Wulin joined the Century Jiayuan and became co-CEO

Before joining the century Jiayuan, Wulin is one of the oldest entrepreneurs in the air network, and he has served as vice president of the Air network and general manager of the mobile gaming division. This March, Wulin Light joined the century Jiayuan and assumed the joint CEO. May, Century Jiayuan CTO Shaobin separation, with technical background of the Wulin light to replace its main responsibilities.

From the point of view of time, Wulin Light joined, that is, the first quarter of this year, the achievements of the century good margin has improved. But in Gong's view, there is no direct link between the two. "Last year's four-quarter loss was more due to the fact that our advertising was too big." ”

Wulin light to join in Gong seems to be a company management attempt, she also hope that Wulin light to the century Jiayuan business bring new ideas and breakthroughs. Gong said her adjustment to the Wulin light would not affect the company's VP-level team.

Although the staffing adjustment was announced yesterday, the gong has consciously begun to switch roles. When asked about the business strategy and business model for the next year, Gong chose to avoid it: "These questions are no longer appropriate for me to answer." "There is" Little Dragon woman "title she believes" can afford to put down ", also think life should be phased. Next, Gong will give yourself some time to adjust and then look for "things that interest you". "Some people are born to toil, and if I don't do anything, I'm not going to get it." ”