Reinventing the Millennium.

Chapter 455 You Don't Know Business

Following Fang Zhuo's words of disagreement, everyone in the meeting room jumped in their hearts.

Even Ni Runfeng is the same. He is still hesitating, but he is inclined to agree. In the past decades of Changhong's career, the delusion of MBO acquisition has been shattered. Retirement after working in a decent way for another two years is also a good ending.

The head of Changhong took a look at Mr. Fang.

Fang Zhuo didn't go to see Ni Runfeng. He came here by himself not for the sake of being respectable. Zhao Yong was the general manager, and he took Ni Runfeng's class directly after half a year or eight months.

What will happen to the production capacity of ice cores?What about the terminal industry plan based on this?
The position of general manager has a lot of power. Zhao Yong served as the general manager three years ago. According to the current situation, during the coexistence of Ni Runfeng's chairman and Zhao Yong's general manager, neither one is necessarily more effective.

If so, what's the use of tossing around?

"Mr. Fang, after all, this involves the future management plan of Changhong Company. We must respect Mr. Fang's opinion, but this is really not a punishment for Mr. Ni. I have known Mr. Ni for so many years. Of course, I am looking forward to his health. Okay." Deputy Dong Mu Wenrui said earnestly.

This is really an internal matter of Changhong!
Even though you are the richest man, you have really interfered... At worst, take a step back!
Isn't it okay not to let Zhao Yong be the general manager, but the deputy general manager!
Mu Wenrui had already thought about the extent of compromise, and even winked at Lu Jingmin, deputy director of the State-owned Assets Bureau.

In his opinion, business is the art of compromise, and it is impossible for Fang to understand this. No matter what purpose he has today, Changhong will take one step back, two steps back, take a good, three steps back at most, that is enough sincerity !
"Mr. Mu, I'm not an unreasonable person." Faced with the persuasion, Fang Zhuo said slowly, "If I hadn't had friendship with Mr. Ni, I wouldn't have come to muddy water. Express your opinions clearly, whether you listen or not is up to you."

He continued: "I am willing to discuss business transfer with APEX, and I am also willing to provide some channel support for Yike in the future. These are all negotiable, but today Changhong is going to choose a successor for Ni Runfeng, but I am very interested in Mr. Zhao Yong. There are some doubts about this choice."

Seeing that Zhao Yong directly called his name, he asked calmly: "I don't know where I offended Boss Fang, so that Boss Fang has doubts about me?"

"We don't know each other. I couldn't even recognize people before I walked into this meeting room today. How can I offend?" Fang Zhuo was also very calm, different from the previous arrogance, just stating his point of view, "I just simply think that Mr. Zhao is not a good successor or leader for Changhong."

Fang Zhuo met Zhao Yong's gaze again, and repeated his point of view: "I don't think you can be the general manager of such an enterprise well."

It would be impossible for anyone in this conference room to convince the public by saying such things.

However, Fang Zhuo controlled Sina, making its market value increase dozens of times, and Yike, which he built with his own hands, went public in the United States and became the richest person in the mainland.

When such a richest man gave a judgment similar to his career in front of so many people, many people murmured in their hearts, but many people felt that this was nonsense after the conflict between the two sides.

Zhao Yong noticed the different eyes of the people in the conference room, he didn't care about it, but after seeing the changes in the eyes of the four leaders, he still felt that he had to argue with reason.

"Mr. Fang, you are very good at business and projects, but your business doesn't seem to involve color TV." Zhao Yong thought it was funny when he said this.

Fang Zhuo said calmly: "Almost three years ago, when I was in Yike, I never got involved in this player business."

He said with a little emotion: "The prosperity and decline of a company are often at one or two key points. Sony was three years ago, and Changhong is right in front of us."

Zhao Yong knew about Mr. Fang's judgment on Sony, and he just said: "Mr. Fang, don't alarmist, you don't understand color TV technology at all."

"Maybe it's scaremongering, but I'm really a person who often worries about nothing." Fang Zhuo reached out to take the information from the assistant, looked at it twice, and asked, "Mr. Zhao, I have a doubt and I want to hear what you mean."

Is this an on-site exam?

Zhao Yongning said divinely, "President Fang, please ask me."

"The current mainstream of color TVs is picture tubes. Which direction do you think should be upgraded in the future? Plasma? LCD?" Fang Zhuo asked a question about one direction. From the information he collected, this person is very optimistic about the development of plasma.

Zhao Yong pondered this question over and over again, not feeling any trap, and said confidently: "Of course it's plasma. Its screen responds faster, and its clarity, viewing angle, color, and contrast are all better than LCD TVs."

He said with great certainty: "Whether it is high-end or low-end, plasma has an advantage over LCD. This is beyond doubt."

As a talent who was born in Tsinghua University and has worked in the enterprise for several years, Zhao Yong has absolute confidence in this point. If Fang's richest man dares to call a deer a horse, he can immediately contact the school's professors and experts to confirm the authenticity in public.

"Yike has been listed, and its current market value is less than 70 billion U.S. dollars, which is equivalent to more than 500 billion in Huaxia currency." Fang Zhuo changed the subject when he heard Zhao Yong's words, and talked about his company, "In just three years, Yike With the current situation, it is considered a success, right?"

Deputy Director Mu Wenrui didn't know what the richest man was going to say, and said with a smile, "Of course it was successful, it was very successful."

"I have a successful experience in business, that is, don't let technical talents make decisions for the market easily, it will bias the strategic direction of the entire company." Fang Zhuo said firmly, "Many times, your technology cannot support your market ambitions."

Seeing that Zhao Yong wanted to speak, he signaled him to listen to himself: "Plasma is indeed better than liquid crystal. I don't deny this, but it's only limited to the technical level."

"The former has high technical requirements, which means that there will be fewer manufacturers upgrading from picture tubes to plasma, and most of them will adopt liquid crystal technology. As far as I know, Japan's Panasonic is still blocking plasma technology, which is doomed. The ecosystem is not expanding as fast as LCD TVs, which is critical to the early market layout.”

Fang Zhuo said slowly: "Secondly, the scope of application of plasma technology is not as good as that of LCD. The former is only suitable for TV products, while the latter can be used for TVs, monitors, laptops, mobile phones and other products."

"If you were a panel factory, would you like to develop liquid crystal or plasma with a wide range of uses?"

"Plasma can be used as a big TV, and LCD can be used as a full range of products."

"This is the prospect of the upstream and downstream production chain of technology."

Fang Zhuo looked around the conference room: "The openness and growth of the ecosystem, the soundness and feedback of the production chain, these two things are destined to be suppressed by the LCD. Remember what I said today, this is the rise and fall of Changhong. key."

Finally, he looked at Zhao Yong and said seriously, "Mr. Zhao, I don't understand technology, but you don't understand business either."

Zhao Yong frowned, thinking that he could still argue.

Fang Zhuo turned to one side and introduced the members who came behind him: "This is Xu Chunde, Senior Vice President of Operations of Goldman Sachs America. He happened to be in charge of the research of the TV industry a while ago, so I invited them here together, so as not to be thought If you don’t understand technology, you can’t speak.”

Xu Chunde smiled and nodded: "Yes, according to our Goldman Sachs research, Panasonic has a very good plasma technology, but Korean companies have fully deployed LCD technology, and other manufacturers in Japan cannot obtain Panasonic's authorization. It will be an alliance of TV manufacturers."

"From a normal perspective, it is difficult for Panasonic to resist so many manufacturers, and the direction of the entire market tends to be more liquid crystal LCD."

Zhao Yong's throat slid up and down, but he didn't speak.

Deputy Dong Mu Wenrui was taken aback, and hurriedly got up to say hello: "Mr. Xu, please sit down, please sit down. Oh, Mr. Fang, you really are, why don't you say anything, and let Mr. Xu stand for a long time."

Seats were moved out.

Mu Wenrui called the executives from Goldman Sachs to sit down, and Xu Chunde took his seat as well deserved.

Just as Mu Wenrui wanted to continue listening to the conversation between the richest man Fang and Zhao Yong, he suddenly felt something was wrong, and looked at the other people standing behind the richest man... This one was the vice president of Goldman Sachs... What about the others?
Before Mu Wenrui could speak, Zhao Yong suddenly wiped the sweat from his forehead, and insisted: "If Changhong takes the lead in controlling the upstream plasma technology, the TV business of other companies will be controlled by Changhong!"

"Mr. Zhao, the plasma TV business of other companies may be controlled by Changhong, but other companies turn around and embrace LCD, what should you do? Is technology research and development all in vain?" Fang Zhuo shook his head, "You are the one who said that I'm still holding on to the idea that consumers will choose plasma."

"No, Mr. Zhao, it's not consumer choice, but the ecological circle and production chain together shape consumer choice."

"What you Changhong want to do is mass consumer goods."

"The products they provide are cheaper, and the quality may only be 70 points, but after occupying the market, it will inevitably bring about further quality upgrades. This is a healthy business cycle."

"This kind of business perspective should be the perspective of business leaders."

"Mr. Zhao, you don't understand business."

Fang Zhuo once again judged Zhao Yong, who had a technical background, and then stopped seeing the pale-faced former general manager.

(End of this chapter)