Rebirth started in 2004

Chapter 230 Redo
The real big move of WeChat is Moments!

Of course, there is no need to rush to release it now, once the circle of friends is released, even Weibo will be reduced to a tasteless product.

No, Weibo has always been very clear in terms of positioning. It is a topical square and a gathering place for gossip, as well as various big Vs.

The circle of friends means more friends you know.

In terms of positioning, WeChat itself mainly focuses on socializing with acquaintances. As for adding strangers?
After all, there are only a small number of them.

Let the user play the "Nearby People" function for a period of time before talking.

The circle of friends function will be officially launched before the Spring Festival next year.

After a chat, it was already ten o'clock in the evening.

Yang Hongmei: "It's getting late, Xiaoxiao, stop playing with your phone, turn off the lights and go to sleep."

Yang Mengxiao is playing Match [-], this game is a bit addictive.

Xiaoxiaole is logged in with a WeChat account. There is a WeChat friend ranking list, and another is a regional ranking list.

Now Yang Mengxiao is ranked among the top [-] in the capital.

As for why Yang Mengxiao is ranked in the top [-] in the capital, one has to talk about Yang Mengxiao's financial ability.

For other players, rely on strength to pass the level.

As far as Yang Mengxiao is concerned, if there is no way to pass the customs, then just spend money.

There is nothing wrong with poor people relying on themselves and rich people relying on technology.

Anyway, everyone had a good time.

Yang Mengxiao yawned: "Okay!"

Hengtong Electronics completed the change of shares in the next few days.

Chen Wei and Hengtong Group each hold 50.00% of the shares of Hengtong Electronics. Such a shareholding change will not have any impact on the subsequent financing.

The financing of Hengtong Electronics has attracted many famous investment institutions to invest.

For example, IDG, Matrix Partners, GSR Ventures, Sequoia, Hillhouse, etc.

Even SoftBank got involved.

Of course, Hengtong Investment will naturally not be absent.

Chen Wei also explained the development plan of Hengtong Electronics in the future.

The self-developed chip plan makes investors a little worried, after all, chips are not so easy to self-develop.

Chen Wei said that he has negotiated with Acorn about the licensing of the ARM architecture.

The self-developed chip is also to enable Hengtong Electronics to release new products at its own pace, and to make chips according to its own needs.

The purpose is to pursue the ultimate experience of the product.

The other thing is that Hengtong Electronics launched a new thousand yuan mobile phone brand.

Redo!

The new mobile phone brand is called this.

The meaning in English is to redo.

By extension, it is to redefine the mobile phone market. The redo brand is to make smartphones affordable for people.

The redo smartphone uses a 3.5-inch screen, which is thicker than the UNI1 in terms of thickness.

After all, there are so many things to put in it.

The redo will not use a metal body, but a plastic one.

The battery is designed with a removable battery.

On the hardware, redo has compressed the cost to the extreme.

Try to use domestic hardware as much as possible. Compared with imported hardware, the quality will be slightly worse, but it can't stand the low cost!

Furthermore, with such a low price, I believe that users will not have too high expectations for quality when buying.

how to say!

Just solve the problem of whether or not.

Although the domestic hardware is slightly worse than the imported ones, this difference actually does not have much impact on the normal use of mobile phones.

Just like a car engine, a domestically produced engine can run 200,000 kilometers without any problems, while an imported engine can run [-] kilometers.

However, when a normal family buys a car, they only drive [-] kilometers a year, and even less than [-] kilometers in ten years.

Many people change their cars in five or six years, and the life of the engine has not yet been reached.

Mobile phones are fast-moving electronic products, and they are basically replaced within a year or two.

This simply won't reach the lifespan of the hardware.

Hengtong Electronics' valuation of US$6 billion is recognized by most investment companies, and they also believe in Chen Wei's ability. Under Chen Wei's leadership, Hengtong Electronics will inevitably achieve rapid development.

Chen Wei has made it clear that Hengtong Electronics will go public at the right time.

Everyone invests, isn't it for the sake of the company's development to a certain level, it can be listed, and then everyone cashes out and leaves the market!

A total of one billion US dollars has been raised. Including Hengtong Investment, a total of [-] investment companies have invested in Hengtong Investment.

In addition, Chen Wei and Hengtong Group each took 2.5% of the shares as rewards to the management team and R&D team of Hengtong Electronics.

That's quite a lot.

In this case, Chen Wei and Hengtong Group together hold 80.7% of the shares of Hengtong Electronics.

Chen Wei actually didn't care about holding so many shares.

As for shares, it is enough to have absolute controlling rights, and 51% is enough to absolutely control a company.

Moreover, some companies now design their equity as an AB share model.

Independently separate the voting rights, even if you hold a small amount of shares in the company, you can still guarantee the founder's absolute control over the company.

The main reason is that, in the past, many companies appeared to drive the founders out of the company directly.

Not to mention internationally, domestically speaking, Jiulang is like this.

After this kind of thing happens, it will definitely make the founders of other companies feel jealous, so they have to take it as a warning.

"Next year, we will conduct another round of financing. By then, the valuation of Hengtong Electronics should be able to reach more than 20 billion US dollars."

"In the next year, Hengtong Electronics can raise another round, and in 12 or 13, it will go public directly."

Chen Wei stretched his waist: "In the next year, Hengtong Electronics should be able to use the chips designed by ourselves."

Yang Hongmei: "Now, you should think about the chip R&D team!"

Chen Wei originally wanted to cooperate with Zhongwei Haisi, but after thinking about it, he gave up.

It is no problem to exchange and cooperate in technology, but it is not suitable to cooperate in the development of chips together.

It's a simple matter of who is in charge.

"It's already poaching people."

Acquire a chip R&D team?
Hengtong Electronics is ready to re-establish the previous one.

To be honest, domestic chip research and development talents are relatively lacking.

But the lack does not mean that there is no.

It can only be said that there is very little domestic capital invested in chip research and development.

The chip industry fund will not be established until 4 years later.

Chip developers, life is not so easy now.

The first is the limited funds, and the other is the treatment.

Faced with the olive branch offered by Hengtong Electronics, no normal person would refuse it.

Sufficient funds and super high treatment, and ideal!

No one will refuse.

(End of this chapter)