The first Internet media in China.

1995: China First Internet Company

1In May, 995, Yinghaiwei, the first Internet company in China, was established. The original promoters were mainly Zhang Shuxin, Jiang Zuoxian, Liu Jie and others. Zhang Shuxin, who has media experience, showed outstanding ability in publicity and promotion, and Yinghaiwei quickly gained amazing popularity. According to media reports at that time, Ying Haiwei "preached the Internet to the people of China just like a missionary preaching."

Zhang Shuxin's goal is to become the first Internet access provider (ISP) in China. But at that time, the market environment was far from mature, and the total number of netizens in China was less than 80,000. In June 5438+the following year 10, ChinaNet, known as the first national network in China, was officially opened. When most people in China don't know what the Internet is, apart from ISP, Ying Haiwei should be a "popularizer" who is responsible for cultivating Internet concepts in the market, and should be responsible for content production and act as ICP.

1September 1996, China Xingfa Group (20.28, -0.4 1,-1.98%) invested in Yinghaiwei, and the total share capital of Yinghaiwei became 80 million yuan. With strong financial support, this small company has rapidly grown into the benchmark of Internet in China. By the end of the year, Yinghaiwei has become a well-known ISP in Beijing. Yinghaiwei's bigger dream is to build a big network, which was once regarded as "writing the legend of China ISP". However, the immature market environment soon made Hai Wei see the difficulties he faced.

After getting an investment of 80 million yuan, the first important thing cutie wants to do is to set up his own network. Haiwei spent a lot of money to rent two communication lines, one is satellite line (VIST) and the other is national data line (DDN). The company is making concerted efforts to build the network around the clock. In Yinghaiwei's plan, 1997 will build 20 urban nodes nationwide, and 1998 will build 40, so that users in these cities can roam freely. However, even if the cost of communication lines is not counted, the start-up cost of each node is 2 million ~? 3 million, 80 million won't take long.

1in the spring of 997, the nodes of State Grid and eight cities including Shanghai and Guangzhou were opened. However, China Telecom's heavy punch made Haiwei's efforts go to waste almost immediately. In the same year, China Telecom entered the Internet access market. It doesn't provide any content, and it doesn't intend to cultivate the market, but the low internet price is enough to make Yinghaiwei's "big net" worth plummet. Squeezed by China Telecom, by the end of the year, Yinghaiwei had suffered huge losses.

Of course, Zhang Shuxin's radicalism and optimistic judgment on the market made Haiwei worse. Afterwards, some media commented that Zhang Shuxin was able to promote corporate image with ease, but when the enterprise was transferred to substantive operation, it was obviously lacking in stamina. Someone commented that Zhang Shuxin never understood what kind of net ordinary people really needed.

From June 65438 to June 0998, due to serious losses and insufficient follow-up funds, the major shareholder Xingfa Group clashed with Zhang Shuxin. In times of crisis, Zhang Shuxin announced his resignation. In 200 1 year, Yinghaiwei began to lay off a large number of employees, and the company's business development has been stagnant. At this point, it began to fade out of people's sight. Three years later, Haiwei, a pioneer of the Internet, disappeared completely and silently from people's field of vision.