My rebirth is different

Chapter 819

Wang Jinbao and Wang Chengsheng looked at each other.

The two discovered that they had been immersed in the company's mobile phone production, and hadn't paid enough attention to the market situation recently.

In fact, we can't blame them, but since 2004, the mobile phone market has changed too fast.

So fast that the impression of the two of them is still the same as before, and they always feel that their company is just an inconspicuous new company.

But they don't know at all that the current legendary mobile phone has already become the biggest dark horse in the domestic low-priced brand mobile phone market!
Even the purchase volume of your own company will determine the fate of MediaTek, which seemed unattainable two months ago.

Just like what Hu Jinchang said, if Legend Mobile no longer purchases MediaTek’s MTK system, but purchases its own components to customize, then MediaTek’s system, no matter how easy it is to use and how cheap it is, will not be a hit in the domestic mobile phone market. What a big splash.

Because mobile phones using the MTK system cannot compete with the legendary CQ1 at all, and the market share is far worse.

That being said, the possibility of the legendary mobile phone company acquiring MediaTek is much greater.

"Is it really possible to win MediaTek? It will cost a lot of money?" Wang Jinbao asked after hesitating.

"Yes, it will cost a lot of money, but it's not something we can't afford." Hu Jinchang replied with a smile.

In terms of making mobile phones, he may not be as good as Wang Chengsheng, or even Wang Jinbao.

But when it comes to mergers and acquisitions in the business world, playing tricks and the like, he can definitely be the master of the two of them!

"Our company doesn't have a lot of money on the books now. Although nearly 40 billion has been paid back in the past two months, a large part of the money has to be spent on various suppliers. By the way, MediaTek alone needs more than a dozen Hundreds of millions." Wang Chengsheng said with a wry smile.

"Our mobile phone brand is our most valuable asset! Besides, the acquisition of MediaTek may not necessarily require us to use our own money." Hu Jinchang said confidently.

"Don't use your own money? Whose money will you use?" Wang Jinbao still doesn't understand.

"We are a high-tech enterprise! We are even expected to grow into the largest mobile phone manufacturer in China within a year! How can the local city government not support such a star enterprise? You must understand that a high-tech star company like us is currently in All over the country, it is very, very popular. Let the Pengcheng government come forward to help us with the loan and let the bank pay for this money!"

Hu Jinchang said domineeringly.

Dealing with organizations at all levels is his forte!
In particular, the legendary mobile phone company has gained a lot of fame this year, and it does have the bargaining chip to negotiate terms with the city.

If Hu Jinchang can't seize this opportunity to obtain a large amount of low-interest or even interest-free loans for the company, then all these years will be in vain...

Moreover, now is the best time to acquire MediaTek.

Because MediaTek's MTK system is also a short-term development, the company has not really grown up.

The purchase of legendary mobile phones accounted for [-]% of the company's revenue!
It can be said that the two companies are holding each other's necks, one owns the market and money, and the other owns the technology.

Although Legend Mobile really wants to abandon MediaTek and develop its own customized mobile phone system, it is also very troublesome.

But as long as you have money and are willing to spend it, these things can always be solved.

But if MediaTek left the legendary mobile phone, their vitality would be greatly hurt. Do they want to start their own mobile phone company and make mobile phones to sell?
Therefore, between the two, the current Legend Mobile Company still has the upper hand, and can only go offensive or defensive if it can take the initiative.

…………

The more he learned about the legendary mobile phone company, the more Hu Jinchang realized that it was a company with unlimited potential!

Even, it may have a better future than the Knorr Supermarket that invested in last time.

Legend company is in the mobile phone industry, which is a high-tech industry.

And Knorr is a traditional retail industry, and it certainly cannot be compared with high technology.

Mobile phones are high unit price commodities. Even if the price of the legendary CQ1 is already very low, a mobile phone still costs 1000 yuan, 400 million units are shipped in two months, and the payment is 40 billion yuan!
Hu Jinchang has never seen this speed of money coming in after so many years of business.

Knorr Supermarket is already a company with a very healthy cash flow, but after it has grown in size, its monthly revenue has not yet reached this figure.

And it only took two months for the legendary mobile phone to do this!

This is the fascinating part of the high-tech industry. As long as the product is well done, making money is like printing money!
I really want to thank Mr. Fei for giving me another chance to invest in such a promising company.

For Yu Wenfei, Hu Jinchang is sincerely admired and grateful.

Therefore, I can't just lie down and make money, I have to make some contributions to this company, and it's not in vain to always support myself.

He is also a fine person and understands the truth of dealing with people.

Mr. Fei is kind enough and willing to support him, but he can't take it for granted. He must show his worth and help Mr. Fei.

In the current Legendary mobile phone company, both Wang Jinbao and Wang Chengsheng have no problem working and managing the company.

But there is only one thing lacking, that is, the relationship with the city is not in place...

And this is precisely Hu Jinchang's strong point, so he believes that his chance to perform has come.

Taking advantage of the acquisition of MediaTek this time, let the city come forward to coordinate the loan, so that the relationship between the legendary mobile phone company and the city government will be closer!

How to achieve a balance in the relationship between the company and the government, so that the company can get support from the government without overly relying on the government.

Hu Jinchang has also been thinking about this issue.

He felt that Mr. Fei had done a very good job in this regard. Looking at the status of Facebook and Star Electronics companies in Shanghai, Mr. Fei was able to invest in Shanghai Pudong Development Bank in his own name, and even directly served as the chairman of Shanghai Pudong Development Bank.

Not many people in the outside world know about Yu Wenfei's investment in Pufa, but people like Hu Jinchang understand the meaning of it.

Shanghai Pudong Development Bank is a "wallet" in the city, and its status is very high among many state-owned enterprises.

But for such an important company, the city allowed Yu Wenfei to personally invest in shares, and even gave him the position of chairman.

It can be seen how much the bosses in the city admire Yu Wenfei!
In daily operations, neither the Facebook-based company nor the Star Electronics company has any involvement with the Magic City Mansion, and develops completely independently.

The city government also gave a lot of help in publicity, and directly established the Facebook company as a benchmark in the Internet industry of Shanghai, and even among private enterprises!

Not to mention the personal praise of Yu Wenfei, people who don’t know, think that Yu Wenfei is a native of Modu...

This is the supreme way to get along with the government.

Compared with Fei Fei, the kind of drilling that I used to do is really a bit out of reach.

However, Hu Jinchang knew how to learn, and he was going to try to get along with Pengcheng City by learning from Mr. Fei's method of dealing with the city in Shanghai.

Of course, the strength of the legendary mobile phone company is not comparable to the status of the Facebook family in Shanghai.

But in 2004, Pengcheng could not be compared with Shanghai, especially in the high-tech industry, and there were not many companies that could sell it.

Therefore, Legend Mobile Company should still be able to enter the eyes of the bosses in the market.

This is your company's opportunity!
…………

To acquire MediaTek with a lot of money, of course such a major event must be reported to the real boss.

Therefore, after the meeting, Wang Jinbao discussed with Hu Jinchang for a long time, and after clarifying all the problems, he called Yu Wenfei.

"President Fei, I have something important to report to you."

When discussing business affairs, Wang Jinbao still pays attention to it, and calls Yu Wenfei Mr. Fei, not his cousin.

Although no matter how he shouted, Yu Wenfei would not care.

"Oh, Jin Bao, your mobile phone has sold well recently, congratulations." Yu Wenfei said with a smile.

Yu Wenfei naturally knows the popularity of Legendary CQ1 on Taobao, because Taobao basically relies on two stores to support it.

One is the flagship store of Lenovo, and the other is the flagship store of Legend Mobile.

Two days ago, Lao Ma talked with Yu Wenfei on the phone.

For Yu Wenfei, Lao Ma is full of gratitude.

He is very glad that he made the right choice and introduced Fei Zong as a shareholder, although Fei Zong did not pay at all when he bought a stake in Ali Group.

But what Mr. Fei brought to Ali and Taobao is obviously much more precious than a large sum of money!
Because he brought traffic and revenue to Taobao!

These two points are especially important for an e-commerce website, far more important than investment.

Because even if you get a large investment and have money in your hands, it doesn't mean that your website will definitely be able to start.

There are too many such precedents in the Internet industry, and the company went bankrupt after burning money to the end.

Only when money is converted into users, and then users are converted into revenue, is it truly successful.

However, after Mr. Fei became a shareholder of Ali, he directly saved the intermediate links and came to the end in one step. Not only did he increase the traffic of Taobao, but he also increased the revenue.

Taobao.com has been established for less than a year now. Before Fei Zong became a shareholder, there were only a few million users.

revenue...

Not to mention!

But in just a few months after Fei Zong became a shareholder, the number of users exceeded [-] million!
Looking at the sales momentum of Lenovo Huimin Computer and the legendary CQ1 mobile phone, the combined revenue of these two stores will reach tens of billions this year!
It can be said that the development of Taobao took a few months to complete a journey that other e-commerce websites may not be able to complete in a few years.

All of this was naturally brought by Mr. Fei.

…………

Therefore, Lao Ma expressed thanks and praise to Mr. Fei.

In the end, he also said that if Feizong’s Star Electronics Group has any new products to be launched, Taobao must be considered first.

And all the staff of Taobao.com will definitely do the most adequate logistics work to ensure that Feizong's products can be put on the shelves for sale smoothly!
(End of this chapter)