On April 15, Zhou Hongyi, chairman of 360 Company, issued an internal letter saying that the reason why 360 would sell Qi Xiangdong’s Qi’an shares and enter the government and enterprise security market was mainly because if the 360 did not withdraw, the latter could not be listed. It is a policy reason.
Zhou Hongyi also said that 360 used three years to prove that investment is feasible. Through the empowerment of brands, technologies and data, through the support of funds and resources, we can quickly get a company listed from zero. In a different way, 360 can also cultivate more Qi'an letter to provide better and more comprehensive services for the market.
"China's network security industry can't rely solely on 360 or Laoqi's company. In the future, we must invest 50 or even hundreds of security companies through investment, and strive to cultivate 10 more listed companies to become truly safe. Eco-creators and industry promoters," said Zhou Hongyi.
The following is the full text of Zhou Hongyi's internal letter:
The students of 360:
We sent it last Friday.announcementI think everyone knows, we will sell the shares of Laoqi company and enter the security market of government and enterprises. The bullet flew for a weekend, there was a pick-up, there was an old account, and there was no time to put a cold gun. Spring, everyone is a bit commotion, understandable.
This matter is very simple. It can be said in one sentence: If we don't quit, the company of Laoqi can't go public, this is the policy reason. We invested in them in 2016 and gave them brand, technology and data licenses. Thanks to this, they have made gratifying developments in more than three years and are preparing for the market. According to the relevant listing requirements, the listed company should solve the problem of independence and competition in the same industry.
Lao Qi is my comrade-in-arms. I have been smashed through guns. In order to help Lao Qi successfully land in the capital market, we are willing to help the horse to send another trip. Of course, for us, we can get nearly 4 billion of funds to withdraw, which is also a successful investment.
After the 360 exit, the relationship between “investment and investment” and “authorization and authorization” ended. In order to protect the interests of users, 360 will continue to provide data support during the transition period with a market-oriented mechanism. At the same time, we will build, invest,MergerIn other ways, we will fully expand the security market for government and enterprises, and cultivate more secure ecological enterprises in the next 3-5 years.
Why do we want to do this market?
In the past few years, the Internet has been venting one by one, and the giants are also very busy. The hoist has floated down, but the security market has always been quiet at dawn. Why? We are safe, and we know best in our hearts. To be safe, we must have the spirit of sitting on a cold bench. Indeed, it’s hard to make money quickly, but it’s not that safety is not important. Two years ago, I proposed that "everything needs to be interconnected and everything is programmable." In the future, we will enter the era of big security. In the era of security, the scope, threats, and markets of security are exponentially growing, with no boundaries.
The "blackmail virus" that swept the world in the past two years still has the impression that the "blackmail virus" itself is only a few small thieves attacking computers to extort a few bitcoins, but the key is that it uses the "cyber weapon" leaked by the United States. As a result, factories in many countries around the world could not be opened, hospitals could not do surgery, flights could not take off, and gas stations could not be refueled. Network security is no longer just IT security, information security, but extends to national security, infrastructure security, social security, urban security and even personal safety. Therefore, in this era, security issues are everywhere, and security is too important. We are obliged to do "great security"!
So how do we get into this market?
Throughout the current international situation, the hot war is impossible, but the cyber war can be defeated without fighting. We must use 360 security brain to solve the problem of "who came in, is the enemy is a friend, did something", the attack must be attacked, and the defender must be able to keep it. Therefore, our goal can not be too narrow, we can not sell goods as value, we cannot pursue short-term quick money, but we must stand on the national perspective and solve real problems. We are a participant in the top-level design of national cybersecurity.
The security of government and enterprises is an indispensable piece of the big security market. We are rushing in, of course, not to do small business. Some people will also say, do I compete with existing companies? of course not. In the future, 360 will not compete with a specific network security company in this market. On the contrary, we are the makers and enablers of the big security ecosystem.
We have used three years to prove that the investment road is feasible. Through the empowerment of brands, technologies and data, through the support of funds and resources, we can quickly get a company listed from zero. In a different way, 360 can also cultivate more Qi'an letter to provide better and more comprehensive services for the market. China's network security industry can't rely solely on 360 or Laoqi's company. In the future, we must invest 50 or even hundreds of security companies through investment, and strive to cultivate 10 more listed companies to become a real security ecosystem. Builders and industry promoters.
360 does not simply repeat the same thing. 360 enters a market and wants to do something innovative, either innovative technology, innovative products, or innovative models. We must do the innovation direction, take advantage of our network security big data, artificial intelligence and other advantages to solve the security problems in the emerging fields such as industrial Internet and car networking.
I think 360 is the most important thing today. The core of the network security field is two things: one is network security big data, and the other is artificial intelligence analysis based on network security big data. It can detect attacks in massive data. This is security. brain.
Why are we doing a safe brain?
I said that you are welcome, the modest modesty should not be modest if you should not be modest. Currently, there are only two companies in the world that can be safe brains, one is Google and the other is us. We have been in this industry for so many years, with world-class vulnerability mining and offensive and defensive capabilities. In 2018, Microsoft announced the world's most influential 100 security experts. We have 13 people on the list and 8 people in the top 50. It is the security company with the largest number of candidates and the highest overall ranking.
Within the company, our technology research and development personnel accounted for two-thirds of the total number of people, and applied for more than 11,000 invention patents. It is the world's second largest network security company in the Eastern Hemisphere. The company has the largest safety innovation center in the Asia-Pacific region, with 17 safety research teams and 11 safety research institutes (labs). We have never relaxed on the core technology of security.
Classmates, ten years ago, we used “free anti-virus” to bring inclusive benefits to Chinese Internet users. We have done a great job, but this stage is over. If we stay at this level, we can't reflect our pursuit and value.
Network security is no more than selling software, boxes, and firewalls. Our country has sold so many firewalls in the past one or two decades. Why is the network still subject to attacks? It means that network security is essentially a confrontation between people and people. It is essentially the attack and defense of high-intelligence and high-level hacker teams. It is an industry with rapid changes in offensive and defensive posture. It is necessary for network security enterprises to solve a fundamental problem: who can combine network security + big data + artificial intelligence, so that when a network attack occurs, we can really see it. This is what 360 really wants to do.
Compared to the past, the big security strategy is a much more remarkable thing. We have to stand taller, look farther, and update. "Great security" was originally a new business that was "unprecedented"!
In the era of big security, whoever I am, is none other than me!
April 15, 2019
(Article source: first line)