Focus On Wang Gongquan: A Venture Capitalist Who Runs Away

"Dear friends and colleagues, I gave up everything and ran away with Wang Qin."

At 23:21 on May 16th, CDH venture partners

Everyone was in an uproar...

Of course, a 50 year old man has a long story.

Outside the system

In 1988, Hainan set up a special economic zone.

According to media reports on August 15th, from the autumn of 1987, the mainland youth who constantly flocked to Hainan almost burst the two lonely ports of Haian and Haikou until the summer of 1988.

In the same period, Wang Gongquan, the director of the Propaganda Department of the Propaganda Department of the Jilin provincial Party committee and the civil servant, "went to sea". He was 27 years old this year.

In 1961, Wang Gongquan was born in dragon village, Xiangshui Town, Gongzhuling, Jilin.

Six brothers and sisters, he ranked fourth.

My father is a headmaster.

When he was young, he loved literature.

Wang Gongquan recalls: from middle school, writing is often regarded as a model essay by the teacher. Later, when he studied physics and chemistry well and traveled all over the world, he felt as if he had not studied well before he studied liberal arts.

Obviously, he was a good student. In 1980, he was admitted to Jilin Polytechnic University, Department of management engineering, Department of management engineering.

In 1982, he met Yang Xuefeng, an alumni. In fact, they finally got married.

In 1987, she had a daughter.

1987 is the year of Ding Maonian and rabbit, with the global population reaching 5 billion.

This year is the International Year of housing.

For Chinese people, the gradual market economy and the more choices accompanying them become the proposition of life.

It should be earlier, one step ahead of Shenzhen to Jilin recruitment, the heart has been moved Wang Gong right secretly to sign up, was hired as a development zone service company's general branch secretary.

However, when the order was sent to the other side of the unit, the unit stayed here.

In this way, Wang Gongquan brushed past the changes in his life.

And when the news of Hainan's provincial construction came, it should be able to understand this young man's idea.

This is not a lover sitting on the moon. He asked for leave on the grounds of family need, and then went to work in Hainan.

Some relationships are beginning to take shape.

He talked with a young man next to him on the moving bus.

His name is Liu Jun. He graduated from Beijing Institute of Technology's engineering management major and was assigned to Chengdu Guangming equipment factory.

They have the same aims and destinations.

In the end, there is also something like wealth, not to forget.

As of April 1989, there were more than 18 letters from letters and from Hainan.

Among them, 90% of college degree or above, 85% of those under 35 years old, nearly 7000 of them have senior and intermediate titles.

Wang Gongquan originally found a television factory director of the work, two degrees in Hainan, but not smooth implementation.

But this change is very important. After that, he went to the Old City Export Processing Zone Development Company of Hainan development and Construction Corporation, and also served as the office director.

In February 14, 1988, the Haikou municipal government promulgated the "Regulations on the pfer and pfer of the right to the use of land in Haikou", which was agreed by the preparatory group of Hainan province. The land use right of Haikou began to be paid.

There was a passage explaining Wang Gong Quan's executive power. At that time, the company took a fancy to a piece of land, but there were three hundred cemetery overnight.

However, it seems that Wang Gongquan is good at communication and coordination of interests. In the four groups, the team he led has the best results.

Wang Gongquan is the manager of Sau Kong Industrial Company in Haikou, Hainan Province, and is still a real estate.

At least Feng Lun remembers the state-run Xiu Gang Industrial Real Estate Company.

Is it not the previous appointment? So Wang Gongquan found Liu Jun and found it very difficult. At that time there was no cell phone and no fixed address. Liu Jun also entered the company.

Wang Qifu was the director of the office at that time.

Wang Qifu graduated from Harbin Institute of Technology, and then entered the Aerospace Department. In 1985, Wang Qifu went to China University of Political Science and Law to study law.

There are two points to be divided. Feng Lun, who was also in the system before the same period, was seconded to Hainan to prepare for the Hainan Institute for reform and development.

In preparation, "I am deputy director of the Standing Committee, then the director of the Reform Commission."

Later, a publication was published, which is the predecessor of today's new century.

Feng Lun first encouraged Yi Xiao Di to go down to Hainan, Yi Xiao Di graduated from the Department of geography of Beijing Normal University, and a postgraduate student in regional economics of Renmin University.

"Wang Qifu came to our institute to apply for a job. He said that his boss, Wang Gongquan, was a very good and very enthusiastic young man. We must introduce both of us.

After understanding, we talked a lot and became very good friends.

Feng Lun recalls.

Next, they had a common career experience. In June 2007, when I was interviewed by the website, Wang Gongquan said, "for a time, I worked with Feng Lun in the South German group, where I worked with Feng Lun for a while, but we didn't have much time and then left.

Six Gentlemen of Wantong

In 1989, the NAND group and the former Soviet Union reached an agreement on the purchase of -154 aircraft in the form of barter trade.

Subsequently, hundreds of canned food and other light industrial products were exchanged for four airliners.

At the end of the 80s, it was no doubt that Mou made the media chase.

Earlier in time, Feng Lun's Research Institute was dissolved and Wang Gongquan was laid off.

In Feng Lun, Hainan, he met Wang Zhaojing, who helped him make his airplane business. He was a representative of South Germany in Hainan. By the time of September 1989, Feng Lun had neither done nor had wages. Wang Zhaojing therefore suggested that he should go to Mou Zhong.

So back to Beijing.

Feng Lun recalls Mr. Mou in his article "the light of one era": he gave me the impression that he was very tall and always had a big tea pot in his hand.

He put the teacup on the tea table, and said things like the world, the state, reform, fate and so on.

Feng Lun later became the head of the general office and head of the Northwest office.

"When I went to Mou Zhong, the first one came with Wang Qifu. After a while, he told me that the right came out.

We call Gong right...

After settling a little, Gong Quan began to look for Liu Jun.

Yi Xiao Di ran a small printing factory in Hainan at that time.

Mou has made arrangements, Wang Qifu is deputy director of the law room, Wang Gongquan is Tianjin.

On one occasion, one of his birthday, Feng Lun and Wang Gongquan clubbed together to buy a set of "Zhi Zhi Tong Jian" to him.

Young people have ideas, and they always have courage. If they can work together for a long time or change the track behind South Germany, they will not know.

Having said that, it was still not keeping people in the end.

Feng Lun went to Hainan again and did not greet him when he left.

"Lao Mou was very annoyed when he knew it, because I didn't want to call two without money, which meant that I was very confident and I didn't take him seriously.

I am the first person to stir up a boss in the history of South Germany. "

Others have left one after another.

When I returned to Hainan, Wang Gongquan thought whether he was teaching or something.

However, in the end of September 1991, they registered "Hainan agricultural high technology investment joint development corporation".

The representative of the company and the general manager filled in Wang Gongquan.

The reason is very good, because only he has done business.

Feng Lun still remembered very clearly that he borrowed some from his mother-in-law, and Wang Qifu borrowed some from his family. I borrowed some from a boss in Shenzhen, and Liu Jun borrowed thousands of pieces from her friends. Yi Di took 8000 pieces of the printing factory and put together more than 30000 yuan.

Because the chairman is the head of the investment department. The title of Feng Lun and Liu Jun is vice chairman, Yi Di is assistant to the general manager, and Wang Qifu serves as the office director.

That's 5 people, and one is Pan Shiyi.

Pan Shiyi was assistant general manager at the beginning of 1992.

Pan Shiyi was born in Tianshui, Gansu province in October 1963 and graduated from Hebei Technical College of Petroleum Profession.

After graduation, he was assigned to work in the pipeline Department of the Ministry of petroleum.

He resigned from the government in April 1987.

One of his friends said, "if you insist on moving forward, don't go back even if you want a meal."

All leaders, only two or three people, one is Wang Gongquan lover, she does financial work, one is Wang Qifu's brother.

For a time, Feng Lun and Wang Gongquan shared a suite, although they had rooms, but they were still inconvenient.

When it was hot, Feng Lun went out early in the morning. It was always a long time to get off the class. It was estimated that the Wang Gongquan family would take a rest before returning to work.

The space is limited. In short, they seize the last chance before the end of the Hainan real estate boom in the early 90s, and accumulated the first pot of gold through the villa.

Pan Shiyi recalled: we basically stir up the ground.

At that time there was no money to find a group company in Beijing. At that time, their boss thought that we could help the young men, so we reached an agreement to lend us 5 million yuan, the interest rate seemed to be 20%. The money was sent by him to monitor and the profit was 55 divided. This is our first seed fund.

About the real estate boom in Hainan, Feng Lun summed up afterwards: "every new year, getting married every night."

In 1992, the company formed a group and officially launched the name "Wantong".

Feng Lun also started his way of chairman.

Then they could withdraw from the real estate bubble in Hainan in a timely manner. The fundamental reason is that they are not pure businessmen and have a broader vision.

Just as they wrote a summary, "go all the way, go to the future".

Where are the new opportunities?

In 1993, the real estate market was faced with macroeconomic regulation and control. Huayuan property company intends to turn Fucheng gate "New World Plaza" project, so Wantong took over the project.

Due to the large number of advertisements launched in the first place, and the introduction of Deng Zhiren's port sales mode in Hongkong Lida bank, the project has been very successful.

"After the completion of Wantong Plaza, everyone has money.

All of a sudden, there was so much money that I could not find it. "

Pan Shiyi looked back.

Regarding the separation of the six partners, it is said that all levels involved, or a book is not necessarily clear, is an important case in this stage of the development of private enterprises.

Today, Pan Shiyi is willing to explain the internal differences at that time: these six partners have different ideas, criticize me for being too rich, and guarding the piece of Beijing will not set the stage for the brothers.

I really do have a lot of money. Millions of dollars can go out billions of dollars. I am basically against it.

Of course, there is also a contributing factor here. Pan Shiyi married Zhang Xin.

Feng Lun recalled: Zhang Xin was always saying that we were not. She stood on the Western cultural standpoint and denies us all.

Although we feel that this is a kind of harm to our brother's feelings, she brought the business rules of disputes between the western commercial and social partners into Wantong.

In short, it is divided, but there is also a process, "according to which block to divide which way, and at the same time roughly counted the accounts, and then basically according to a relatively average number of people assigned to go."

So brothers gradually dispersed. When Wantong was founded 15 years ago, six people reunited. Wang Gong Quan wrote a "Linjiang Xian - Wantong six partners reunited step Luo Gong Yun":

Hand in hand with the waves in the sea, how many times do you win?

Hua Guang Yan dyed the sky.

Silk scarf flying around, hunting ten thousand flag red.

Fifteen spring and autumn are like fingers, laughing at rain, snow and frost.

Eastern rejoice reunion, middle age sentiment is just right, bitter happiness in a cup.

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So where does Wang Gongquan put it?

His former position is president of Wantong.

In 1996, he became the honorary chairman of the board of directors of Wantong Industrial Group.

Before, "at that time I thought that since I was going to study new things in the United States, I should go to Silicon Valley."

So he decided to study in the United States.

There is a handover of management here. Wang Gongquan recalls: just then there was a partner of ours, Pan Shiyi. He also had enough capacity to take over my presidency. Without such a candidate, there would be no way to achieve my own path.

"Thanks to my failure to suppress and bury Pan Shiyi, the Chinese real estate industry will have fewer stories."

Later, when he interviewed Tianya, he joked, "I made him a financial director in Wantong, and then promoted him all the way. Until finally, I gave him the position of president and went abroad" exile ". Finally, I couldn't let it go any more.

And he already has a very good wife (laughs).

In 1995, Pan Shiyi, general manager of Wantong, Beijing, became president.

However, Pan Shiyi did not have a long time as president. Did he later set up SOHO China?

Wang Gongquan was chairman of the United States Wantong company and later chairman of Wantong international group.

At that time, Liu Yadong was the general manager of Wantong, and of course he went to AsiaInfo later.

Liu Yadong graduated from the Department of modern physics of University of Science and Technology of China in 1982.

In 1994, Feng Lun went to the United States to see if there were any investment opportunities.

My identity is an engineer, because I was familiar with it in Silicon Valley, so my friend introduced me as his escort and plator.

Later, I changed my mind and became Vice President of Wantong to help him find investment projects in the United States.

In an interview with the first finance (micro-blog) daily, he reviewed.

Liu Yadong introduced to Wang Gongquan many entrepreneurs, of course, at this time Silicon Valley is also full of interest to Chinese enterprises, including Liu Yuhuan.

In 80s, Liu Yuhuan introduced venture capital to Taiwan. In 1985, Liu Yuhuan founded Chen Liwu with Chen Liwu.

In 90s, Liu Yuhuan founded China economic cooperation.

The explanation of "China Economic Cooperation" is "Chinese economic cooperation".

Indeed, he took the lead in investing in innovative factories.

However, at this time, there is no good interface between the two sides.

Wang Gongquan admitted that he had hardly known anything about venture capital when he went to the United States. "He actually proposed such a ridiculous request to invest in mutual funds with Mr. Liu Yuhuan's Fund."

In the end, venture capital investment is actually one aspect of restriction. Wang Gongquan, in an interview with the website, recalled that we got less than one million US dollars in foreign investment authorization in Hainan. Under such a small amount of funds, we could not do more other businesses. We could only make some very early investments.

Liu Yadong is very optimistic about Tian Suning and Ding Jian who are starting their own business, so he introduced them to Wang Gongquan.

So in 1996, Wang Gongquan completed his first angel investment.

Wang Gongquan later wrote an "Asia letter past", which mentioned: at that time, the United States Wantong company invested 240 thousand dollars, accounting for 8% of Asiainfo shares in the United States.

I remember that the agreement was written for investment of $250 thousand, and the extra $10 thousand was the brand value of Wantong.

In retrospect, I can't help being so handsome. A company that has hardly heard of anyone in the United States except the United States and Wantong also used the brand to make a price of 10 thousand dollars.

However, at that time, the definition and understanding of venture capital was vague. Thereafter, AsiaInfo would launch a new round of financing to increase the company's share price substantially.

Wang Gongquan wants to chase.

"I said value, and the partners said that we sold the shares we already had at that price, and I said no one would buy it."

The matter was not explained clearly at that time.

Needless to say, "at last, they did not know where to get some money, and they repurchased the US Wantong equity by a double return.

Later, the listing of asiainin in the United States has nothing to do with Wantong.

Wantong lost a chance to make big money. "

In 1998, Wang Gongquan had a career reorientation problem. At this time, IDG approached.

Of course, operation is important in a formal system, and it can cooperate with the whole team.

The reason why IDG approached him is that he saw his understanding of China's local business model, his experience of local entrepreneurship and his cooperation with the team.

He graduated from University of Science & Technology China in 1981 and received his Ph.D. in optical fiber from Rutgers University in 1989.

In 1995, he began to host IDGVC's investment in China.

When he was a IDG partner, Wang Gongquan met Zhou Hongyi.

In October 1998, Zhou Hongyi registered the Beijing's national wind network, that is, 3721, that is, to enter Chinese in the address bar, and to convert to the corresponding website.

In 1999, Wang Gongquan became the original investor of the company, initially investing hundreds of thousands of dollars.

In an interview with China weekly, Zhou Hongyi had a description: "I didn't feel very good when I saw him for the first time."

Other investors smiled and he came up with a pile of questions.

Good medicine tastes bitter.

Later, I had much communication and I felt quite chatted.

In addition to investment, Wang Gongquan had to push ahead with projects already invested, when he took over the financial sector.

Founded in August 1999, the financial industry was merged by Financial Street investment finance network and another fortune software company. Both of them have investments in IDG.

In the low tide of Internet stocks, the direction is very important.

Later, IDG found Ning Jun. Wang Gongquan wrote later: perhaps, after we talked for half an hour, Ning Jun had decided to join in, but I was not sure. Anyway, when I watched him leave the hotel's back, he was still holding a sweat for him.

Ning Jun's train of thought is no longer the attention economy, instead of the practice of paying mode.

At the board of directors, Wang Gongquan expressed his support. "If I can't get money, I will pay for it online."

In October 15, 2004, the financial sector listed on NASDAQ.

Before that, 3721 was bought by YAHOO.

During this period, Wang Gongquan led investment in 3721, financial circles, Wan Wan, framework media, and China learning network.

In 2004, Wang Gongquan wrote a feeling of "-IDG VC six years in Linjiang Xian": six, a romantic dream and a beautiful Golden Jade.

Smoke and smoke.

Shoulder shoulder wave drum, arm Hua Hua.

When the east wind comes, the banners will sweep the green hills.

No need for warm wine.

In VC myth, there are eight immortals in humanity.

But by 2005, people saw another one, "dug off the crown and dusted the dust.

Love never wander.

Where does the Wanli horizon bloom?

Several degrees of spring and autumn, white silk at the temples.

Wind and rain and practice.

There is no need to guess two times.

The title is "Nan Ge Zi - resignation", and Wang Gongquan left IDG technology venture capital fund.

CDH

"Lao Wu is as sincere as his elder brother. His foresight, his comprehensive ability to control things, his cultivation and his mind are very infectious to me."

Wang Gongquan talked about Wu Shangzhi, founder of CDH.

The predecessor of CDH was the direct investment department of CICC.

In the 7 month of 2001, the central bank split the direct investment department. The Wu Shangzhi team took over the business and set up CDH investment.

It was PE.

In 2004, a number of investment institutions such as Wei Zhong Hui and Ding Hui jointly injected $12 million 500 thousand into the Focus Media, and the amount of investment in CDH was US $6 million.

At that time, the business model of Focus Media was still not fully understood, and there were differences within the company.

Of course, the rapid expansion of Focus Media has definitely enlightened the relevant people since then.

"I accept some failures, but I must not give up opportunities."

So Wu Shangzhi decided to set up another fund to serve the earlier opportunities.

The man he favors is Wang Gongquan.

Wang Gongquan recalled: when I joined CDH, I was appointed to set up CDH venture capital fund. So in the first half of 06 years, I and Wang Shu came to China.

CDH venture capital fund is a US $two hundred million fund. Of course, this is obviously a sign of VC. This is the whole business of CDH, but not the whole direction.

There were some incidents before, because they must be mentioned before and after.

In 2005, Wang Gongquan divorced.

Of course, there is no right to speak in such matters as emotions.

After that, "the collection of poems by the famous young and middle-aged scholars: the selection of common words" was published.

The common name is Wang Gongquan, with a pen name, a Buddhist name, Yi Xi Yong Zhong, and a net name VC007.

People gradually noticed his other identity, the vice president of the Beijing poetry society.

In March 2006, Qihoo acquired $20 million from the combined investment of Sequoia investment, CDH venture capital and IDG.

This is the first investment of CDH venture capital.

Next, the operation of LDK science and technology in Jiangxi is very important. Wang Gongquan wrote "decisive battle in LDK, black scarf, Yun Yun".

In June 2007, LDK LDK solar energy was listed on the New York stock exchange. In 2008, LDK LDK became the first solar power company to produce one billion watts, and it is also the world's largest producer of polysilicon wafers.

It is a new trend for venture capital to enter the field of technology in a large scale.

In October of the same year, Hanting Hotels chain announced that its first round of financing was completed.

The total investment of CDH venture capital, IDG-Accel China Growth Fund, fund, Northern Light Venture Capital and Bao Yin capital is US $85 million, which is the largest amount of financing in the first round of service industry over the years.

In 2007, investment in education was completed.

"When we first looked at another well-known comprehensive education enterprise in Beijing, we discovered that we were learning big. We think that the individualized education mode of learning education is quite characteristic, and the entrepreneurs are very diligent." Wang Jun, assistant vice president of CDH venture capital, told the Economic Observer (micro-blog).

In 2008, despite the financial crisis, the injection of RMB 200 million yuan was completed.

"From the past entrepreneurial process and performance, we believe that the management team headed by Zhang Lan is very strong."

Wang Gongquan said in an interview with the twenty-first Century economic report.

His colleague Wang Shu said that the investment of CDH venture capital for individual projects can range from 2 million to 50 million US dollars, which will account for a certain proportion of investment in early and middle and late projects.

At present, the investment in the first phase of CDH has been basically completed, and the second phase 500 million US dollar fund has started to operate in the 200 million phase.

In 2009, when the gem launched, Wang Gongquan said in an interview with "talent": an industry is listed in the mainland, Hongkong and the United States. We may have experience in price earnings ratio, but we are not sure what the gem will be, so we dare not take any company to push it.

At the same time, Wang Gongquan also has more devotion to poetry. His title includes the vice president of the Chinese poetry society.

In fact, he was one of the founders.

The introduction of the Chinese Poetry Institute is an independent, non-profit academic institution established by the public.

It enjoys long-term special fund support and aims at promoting the culture of Chinese poetry.

"Partridge days - the temples have not been seen": the temples are not known, and the world is bitter.

Often worry about all kinds of grass, heartache, always to the sunset tears.

Fate and bitterness, how long do business travel to?

Who knows, the old man will be old and lonely?

In an interview with "fortune life" in 2009, Wang Gongquan said, "the last platform I have in the shopping mall is CDH, and of course there will be a day to leave. I will devote myself to poetry research at that time.

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If love

Company website: CDH venture capital currently manages two US dollar funds and a RMB fund, with a total size of US $900 million.

Venture capital is the main investment target. The investment field includes, but is not limited to, information technology and services, new media, mass consumer goods and consumer services, medical equipment and services, education, green technology and other industries.

In an interview with southern weekly weekly in May 2010, Wang Gongquan said, "I am still traveling and investing every day at such an age."

In terms of culture, he also understands that we earn money for people who do not lack money, and I prefer to make money for the poor.

But the problem is that we just make money for some people who are not short of money, so sometimes I do not feel that my career is a very satisfactory arrangement.

In March 30, 2011, Qihoo 360 listed on the New York stock exchange.

Abundant liquidity and free antivirus software also triggered investor interest. The first day was nearly 135% higher than the issue price, closing at $34 A share.

Wang Gongquan disclosed that in 2006, he invested $5 million, earning 200 million dollars in stock and 40 times the return.

At 23:55 on May 15th, Wang Gongquan posted on micro-blog: original lyrics? Elopement song: always spring heart to wind language, hate the world tired reputation.

Who sees gold and silver spreading all over the mountains?

All ages are just one thing!

The moon is clear and the stars are with me.

Infatuation and pride, glory and earth, laughter and red dust dance!

This is rather implicit and people do not quite understand.

Don't rush ahead. Look back.

After the divorce in 2005, Wang Gongquan had a feeling that his wife worked in Guotai Junan Securities Company. According to Wang Gongquan's statement, she loved me for many years, and the people were also good, affectionate, thrifty and well educated.

"However, she has no hesitation in controlling her husband's problems, means advanced, and works hard at any cost.

I'm very scared of her. "

Wang Gongquan has already told you through the media, "I am type B blood, deep inside my heart is a very romantic person, like free and free life."

In fact, he also hopes to write a so-called "Chivalry novel": the men are very cool, the women are beautiful, there is no market battle and cruelty, and some are just romantic and deep-rooted heroism and idealism.

Next is the micro-blog. "Dear friends and colleagues, I gave up everything and ran away with Wang Qin.

Thank you for your care and help for many years. Wish you all happiness!

We can not face everyone's expectations and trust, nor can we explain to you.

Please forgive me!

Bow to merit

He really disappeared. Pan Shiyi contacted Wang Gongquan through micro-blog. "What's wrong with Gong Quan?

The phone is out of order. Call me in secret. Give me my personal letter.

About Wang Qin, the media pointed out that it should be Wang Qin, chairman of Jiangsu Zhongfu Investment Co., Ltd.

Wang Qin was born in September 1977 in Zhejiang, the three gate of six Ao Town, Qian Tun Village, and graduated from Southeast University.

In 2001, Nanjing started a business, initially an advertising company.

Specific activities such as planning business.

In 2003, it entered the real estate industry and planned the "Dong Du sky capital" of Xinjiekou, Nanjing, which is said to be the first real estate in Nanjing to break through 10000 yuan per square meter.

In 2010, Wang Qin accepted the interview with Zhejiang merchants in Jiangsu. According to the report, according to the opportunity of World Expo, Wang Qin developed exclusively more than 40 thousand square meters of New Town International in Lianyungang, and acquired 70% stake in Fangyuan company.

What about the reaction of Ding Hui?

"The first financial daily" said that the letter from Wu Shangzhi, chairman of CDH, said: "the right to work has recently taken some time to deal with his private affairs. We sincerely hope that he can handle personal relations and affairs."

In fact, there is a confusion. If Wang Gongquan is just a wave of personal feelings, we need not know that he seems to say that he will no longer play the role of the current society.

This is the reason why people focus.

In May 21st, he clearly said on micro-blog: "I strongly desire to return and return to the life of ordinary people who cannot do" big things ".

Only by thoroughly destroying everything can I get out of the original world.

Wang Qin's parents interviewed in the media said: "Wang Qin is playing with Wang Gongquan in the United States now."

epilogue

Wang Gongquan expressed his love for his own flowers - and recalling the wind swallows in the same year.

The grass is flying, and the autumn clouds are disturbed.

The leaves of the fallen leaves are everywhere, and the Chinese parasol trees are empty and empty.

There is no return in the dream.

Wake up and keep a double face.

Thin and residual Xia isolated late, who knows there is a sigh gently?

No conclusion, there are two aspects of thinking: of course, life is actually a countdown process, it is short, and ultimately we do not have.

But on the other hand, can people really abandon it?

Most people leave the tide and they are nothing.

Of course, the parties have enough trade-offs.