Reinventing the Millennium.

On the evening of June 6th, Fang Zhuo was leaving and Liu Suyi was going to see him off.

Fang Zhuo refused to let Liu Suyi send it off, but Liu Suyi insisted on sending it off.

"What can I give you?" Fang Zhuo was a little helpless, "The company is so busy, isn't this a waste of time?"

Liu Suyi looked for the pain points, "It's okay, Mr. Fang, Yongke Real Estate will operate just the same with or without me, and there is no shortage of my time."

Fang Zhuo thought for a while, nodded, took Liu Suyi with him, and allowed him to take him to the airport.

At the airport, Fang Zhuo wanted to fly and Liu Suyi wanted to see him off.

Fang Zhuo refused to let Liu Suyi send it off, but Liu Suyi insisted on sending it off.

"Anyone else send people to the plane?" Fang Zhuo was amused, "Besides, you didn't bring your visa or passport."

"Mr. Fang, give me a few minutes. My ID is already on the way, and the Dahongpao just arrived." Liu Suyi has a soft figure, and there is no way to show his ambition unless he sees you off. "You are usually busy. I finally saw you. I really don’t have important jobs in the world, and I really want to hear your views on future economic development.”

Fang Zhuo sighed and was about to speak when Liu Suyi received a call to deliver documents and tea.

Well, anyway, the "Qingzi" does not carry many people this time, so Mr. Liu is much more polite.

Ever since, Liu Suyi was successfully sent from the office to the airport and onto the passenger plane.

The secretary Liu Zonghong next to him witnessed all this and studied in silence. He can only say that it is no wonder that this guy can get a bandit name of "Liu Yiyi" in the Jianghu.

Liu Suyi didn't feel uncomfortable at all.

He deeply felt that it was always right to go all out to meet Fang this trip.

Yongke Real Estate is about to go public, and it may be able to replicate the performance of Country Garden last year, with sales of 150 billion and a market value of over [-] billion...Who is this going to be?
Mr. Fang had to fix his mentality.

You have to meet the big boss to know the seriousness.

The private jet that took off from Shanghai flew to Silicon Valley at nine o'clock in the night.

Soon, Liu Suyi brewed the Dahongpao with his own hands and poured tea for the passengers, even the secretary Liu Zonghong.

Liu Zonghong was somewhat flattered, after all, this is the head of Yongke Real Estate and the top eight real estate companies in the country.

He also knew some tea art, so he thought that the work of pouring tea should be done by himself.

Unexpectedly, Mr. Liu, who was still smiling just now, gave him a look, so he had no choice but to give up.

"Mr. Fang, if this year goes well, the construction of Yongke's headquarters for Yike can start in Lujiazui." Liu Suyi can find the topic, "We also have a preliminary idea for this design plan."

He said naturally: "Although it is the headquarters of Yike, there are two offices of Yigou and Yike. You can refer to the "LG Twin Towers" built by LG in Beijing the year before last. That is a twin-tower design. 30 floors, 4 floors underground, and a height of about 140 meters, which is quite in line with our situation."

Seeing that Mr. Fang didn't speak, Liu Suyi continued: "The Yike headquarters can have 39 floors above ground and 5 floors underground. The two buildings add up to exactly 88 floors."

Fang Zhuo frowned, "Isn't it okay to just build the 88th floor? The Jinmao and Financial Center over there in Lujiazui are both that tall."

Sometimes he also goes to the medical headquarters in Jinmao Tower, where the scenery is really nice.

The Jinmao Tower is 420 meters away, the Shanghai World Financial Center is 500 meters away, and the upcoming Shencheng Center Tower is said to be more than 600 meters high. Compared with this, the Yike headquarters sponsored by Lehman seems to be a little shorter. …

Liu Suyi was stunned for a moment, hesitating about a cup of tea, and said in a low voice, "I have also considered the design of a high-rise building, but Mr. Su likes the idea of ​​twin stars very much."

Fang Zhuo said lightly, "Oh, Gemini is also good. It is built quickly and with low investment. It is very good. First follow this design and see the suitable land. Everyone also wants to have a spacious headquarters sooner."

Liu Suyi nodded and said yes, there is no objection at all. The investment of LG Gemini in the past few years was 5 million U.S. dollars. Yike's headquarters in Shencheng will be higher, and a series of plans will be needed in the future.

The interior of a private jet is pretty quiet.

Liu Suyi intermittently reported on the development of Yongke Real Estate.

Others don't know, but he knows that Mr. Fang may not care about the movement of Yongke Real Estate at all.

Indeed, it is not that President Fang needs Yongke, but that Yongke needs President Fang.

Just like the ICBC mentioned by Mr. Fang, banks like to give loans to real estate companies, and real estate companies also like to use the bank's money to expand, and Yongke is no exception.

However, although it is relatively easy for Yongke to obtain loans from banks, it is still relatively cautious, and its vigorously developed business scope coincidentally reacts chemically with Mr. Fang's influence.

This chemical reaction made Yongke Real Estate gradually change from "Tiger of East China" to "National Top Eight".

However, Liu Suyi knew very well that Fang in this kind of reaction always had the intention of pulling away if he could seize the opportunity, and he also restrained himself from letting Yong

Branch real estate to carry out excessive development by leaps and bounds, so as to avoid unexpected risks.

I don't know if they can be tied together with Mr. Fang for a few more years after this listing, but...Yongke will not take the initiative to say goodbye.

As the time gradually got late, Mr. Fang also took a rest first.

Liu Suyi is still full of emotion, imagining the beauty of this year's listing on the Xiangjiang Exchange.

……

On June 6, the private plane arrived in Silicon Valley smoothly.

Yu Hong, who flew to Silicon Valley from New York earlier, was waiting for Mr. Fang and his party, which was also a kind of reception.

But she wondered that Liu Suyi, who had just got off the plane, was going to fly back to China.

"He's here to see me off, let him go, whatever you like." Fang Zhuo explained casually, and didn't bother to explore the changes in this person's mentality, emotions, thoughts, etc.

"Well, it seems that the real estate work is also very stressful." Yu Hong guessed that there was some problem that required urgent communication, so she had to circle back and forth in the sky.

"That's okay. Yongke Real Estate wants to go public this year, but it's definitely not as nervous as Mr. Yu's here. Nokia appealed for invalid patents in the United States. I have received a lot of reports and analysis in my mailbox." Fang Zhuo put the topic on Yike mobile phone competition.

Yu Hong didn't talk about this issue immediately, and she didn't hide her worries for a while until she got into the business car with President Fang and Secretary Liu Zonghong.

"It's normal for lg to file a counterclaim in the United States, and it's within the expected range, but Nokia just played a card lightly, so I'm a little worried." King Yi Kemei shook his head and said, "Nokia appealed that our patent is invalid. The success rate is not high, it is used as a barrier to innovation as a reason, and I guess it will be dismissed soon.”

"But the Board of Patent Appeals knows it, Deutsche Telekom knows it, we know it, and I'm sure Nokia's legal department knows it."  …

"Nokia has begun to pay attention to Yike and mars, but has not made heavy moves for a long time. This is a lot of conspiracy."

It was hard for Yu Hong not to worry.

With the hot sales of Mars, Yike's situation is very good.

But things like patent litigation have the power to turn things around.

Once Nokia files a mobile phone patent infringement lawsuit, can Echo win the lawsuit?
Both Yike's legal department and the consulting firm are pessimistic about this.

So what are the consequences of losing a patent case?
$5 million? $10 billion?
It's all possible.

The most frightening thing is the sales ban issued by ITC, which is a big killer that can kick Yi Ke from the sky to the ground.

However, Nokia has such a big killer with a high success rate.

Such a threat is even more thorny after Nokia's initial hostility!
Just look at the fierce reaction of LG Electronics for a while.

The package that Yike prepared for LG mobile phones was prohibited by ITC for infringement lawsuits. Fang Zhuo just wanted to see how LG Electronics, which has a large business, can deal with the crisis.

"Mr. Yu, you are right to worry."

"This matter is difficult to handle. If you are not careful, you will really be strangled by Nokia."

"The pro alliance we have established with Google doesn't have enough patent accumulation. Nokia's new phones can not use capacitive screens. They really have the possibility of knocking down Yike."

Nokia has this possibility. It may or may not do it, and perhaps its purpose is to seek sky-high patent fees.

However, Yike couldn't pin the solution on the opponent's subjective wishes, that would be too passive.

Fang Zhuo didn't feel that Xiao Yu was worrying unfoundedly.
She is also worried, because htc, which was once very successful in the Android camp, is an example of a real failure.

People without thought, he must worry about.

Fang Zhuo looked at Xiao Yu who was frowning, took a sip of tea, and said slowly: "The matter of Nokia has been reverberating in my mind, that is, in the past few days, I have a preliminary idea of ​​how to deal with it."

Yu Hong glanced at Mr. Fang's expression, reached out and patted the passenger seat in front, and said directly: "Xiao Liu, you drive."

Liu Zonghong's heart trembled.

The commercial vehicle slowly parked on the side of the road, and continued to move forward after changing the driver.

"You don't trust your own secretary." Fang Zhuo laughed.

Yu Hong frowned, "I'm protecting her. I'm afraid she won't have the real insight to stop you from going astray."

Fang Zhuo stopped laughing, "It's serious."

Liu Zonghong just drove silently without saying a word, his wife and children are all in the country.

Fang Zhuo didn't want to discuss human nature, and he didn't want to humiliate himself, so he continued the topic just now: "Both the legal counsel and the law firm believe that the patent lawsuit between Yike and Nokia cannot be won. This is a premise."

"We assumed a worst-case scenario. Nokia sued us in court, applied to ITC to ban us, and sued us in Europe to ban us. In the end, they all succeeded. Echo lost two big markets in the United States and Europe."

Yu Hong frowned and said: "So, the debut in the domestic market in August is very important, and within a year there must be a model with a more affordable price. This is related to our risk control, not just the Yike that outsiders see. After the success, take advantage of the trend and return to China.”

Fang Zhuo nodded and comforted him, "I still have confidence in this point. Well, China Unicom is more confident than me. I will tell you about this later."…

He returned to the topic, "A mobile phone manufacturer dedicated to the global market loses the two major markets of the United States and Europe and can only stick to the local market. This is definitely a big setback, and it is a big negative for our stock price."

"Once Nokia succeeds, we will lose the market and have to make compensation."

"I've been thinking about this recently, and I wonder if I can look at the problems that Yike may encounter from the dimension of mobile phone products."

"Nokia has a solid accumulation of patents. This is known to everyone. It is known to the secondary market. It is easy for ordinary investors to know after the fuel of public opinion. As long as Nokia really sacrifices a big killer, this is our stock market. Great profit."

Fang Zhuo said: "You know that I have shorted Lehman. It can be said that as long as such obvious and almost fatal bad news comes out, Yike will inevitably usher in a surge of institutional shorts."

"Nokia's claim for patent compensation must be huge, and this money may be able to find a funder in the secondary market to pay for us."

Yu Hong understood Mr. Fang's intention, but did not understand the method to implement it.

Fang Zhuo felt Xiao Yu's eyes, and organized his words: "Simply put, Nokia really took action, institutional shorts followed suit, and Yike was long. We need to support the stock price and try to capture short positions."

"I have a fund in my hand. Its client is Xiao Ao. It has already made a lot of money. If the follow-up goes well, there is still a chance to make a lot of money. The US financial market is in turmoil. If there is a crisis, the foundation Consider looking for high-quality stocks for hedging and bargain hunting, and Yike’s mobile phones are selling well, so it is a stock worth buying.”

Yu Hong hesitated and said: "Xiao Ao's campaign started this year is very good. You want to turn his funds into long positions in the company's stocks, but... there has never been a black leader in the United States."

"This is just one kind of strategy. Be prepared. Of course, I hope it won't be used." Fang Zhuo said quietly, "Nokia's ultimate weapon in the US market is to use the ITC to implement the ban. There is a procedure after the ITC decides to ban the sale If it is submitted to the Commander's Office, only the Commander can legally overturn the ITC ban."

Yu Hong frowned. This requires a premise with a low probability. Is Xiao Ao really hopeful?
"What's the reason for the overthrow?" she asked.

"Hinder the development of the industry, hinder globalization, and hinder business innovation." Fang Zhuo gave the reason casually, "This is the last part of the procedure, and it is also an almost official announcement by the ITC to ban the sale of Nokia killers. Greatly depressing Yike's stock price, let all shorts be
Cheers, until... the ban is overturned. "

"This is the way to deal with Nokia and short selling? Then why not take advantage of the relatively high stock price to make a part of the company's external reserves for patent compensation in advance." Yu Hong asked a logically unreasonable point.

"It's not to deal with short selling, but to trap short-selling institutions." Fang Zhuo said slowly, "I am a major shareholder, supporting the stock price and absorbing shares. It is very transparent, but financial derivatives, you know? There is a call option The gameplay does not require transparent reporting, and I can book options for a certain period of time in advance to lock up the space.”

"If there is an institution to short us crazily, the shares we own plus the expired option exercise will prevent the short side from getting enough tradable shares after the ban is overturned."

“Their shorts are usually delivery at maturity, and if there isn’t enough stock…”

Yu Hong felt that this was a bit complicated, something beyond her understanding: "What does that mean?"

"It represents the rapidly pushed up stock price, and it represents that the short-sellers want to kneel down for me." Fang Zhuo shook his head slightly, his kind thoughts broke out, and he couldn't bear it, "If I don't let them kneel in front of me, they will come from our building. Jump up and down."

Yu Hong listened to this for the time being, and stroked her thoughts, "So, this is to use Nokia's actions to find compensation in the secondary market? If you can't win Nokia, lock up a group of short sellers?"

Fang Zhuo sighed, "Almost, hey, it's just a possibility, it may not work, I'll just think about it casually."

Yu Hong frowned. This requires prerequisites and prerequisites, and the gameplay of financial derivatives is not very clear.

She thought for a while, then suggested vaguely: "It's always good to be prepared, what if it really comes in handy?"

Fang Zhuo nodded slightly, "That's right, think optimistically, Nokia may not be so amazing, and there may not be many institutions to short us."

The world is still beautiful, how can there be so many malicious organizations?
Fang Zhuo is willing to make mobile phones honestly.

Unless... there is really no way to be forced.