Hong Kong's new giants

Chapter 496 [Technology giant]

Monday, May 3.

Lin Zuhui came to the Mainland, he now often travels around the world, so he plans to buy a private jet.Although he has long been the richest man in the Chinese, and this year he is the richest man in the world, but the Chinese have always kept a low profile, and Lin Zuhui is the same, so the plane has not been put on the agenda.

Now that he has decided to buy a private jet, Lin Zuhui intends to get a Boeing 747 in place at one time for modification; considering that it will take several years to wait, he has to buy a Gulfstream private jet and use it first.

As for why not buy Airbus for modification, it is because Airbus has not yet developed a large airliner to compete with Boeing 747.

Pengcheng, Nanshan District.

Lin Zuhui came to Xiaomi Science and Technology Park and felt the charm brought to him by technology.

To be honest, in addition to electronic consumer products, Lin Zuhui also values: semiconductors, liquid crystal displays, and lithium batteries. However, only semiconductors can enter these three industries, and the other two industries currently have no chance at all.

For example, LCD screens currently monopolize 95% of the global market, and the other 5% may be in the United States, and even South Korea has just invested.Even if it is the first generation of liquid crystal display production lines, it is impossible for stupid people to sell them to Hong Kong and Chinese capital now.

But as far as Lin Zuhui knows, LCD screens seemed to be in a trough in 1994, and a large number of Japanese engineers lost their jobs; South Korea immediately carried out counter-cyclical investment and aggressively recruited Japanese engineers, and finally overtook Japan at the end of the 90s.As a result, the stupid people were not happy, and immediately transferred the production line to Taiwan Island at a high price to support the LCD display industry in Taiwan Island.

BOE in the mainland only entered this field in 1998, and only acquired a low-generation production line in South Korea in 2001. After more than ten years of development, it has truly gained a foothold.

Difficult!

If it is difficult, it has to be done. Lin Zuhui plans to let Xiaomi Technology set up a project team next year to recruit some stupid engineers. Even if they do research work first, they will first occupy the latrines and acquire a production line when the time is right.

In terms of lithium batteries, it has just been put into commercial use at present, occupying an absolute monopoly position.

Difficult!

Even if it is difficult, it must be done. Next year, Xiaomi Technology will also set up a project department to dig people for research.For future development, do a good job in the preliminary research work.

In the final analysis, the development of these three industries, semiconductors, liquid crystal displays, and lithium batteries, may require an investment of hundreds of billions, or even more. Because of this, the reason why the Mainland really developed in the previous life may be due to the reception of low-level technology from Japan and South Korea. , and then the country will support it, and finally it will not be stuck, or even surpassed.

Thinking about Huaxia is also very "miserable". Some people always say that technology is underdeveloped. In fact, Huaxia almost develops the industrial chain of the world by itself.

Industries such as stupid LCD screens, lithium batteries, and semiconductors were actually first developed by Americans at the beginning; but the United States will not impose strict technical bans on stupid, which is why Japanese people have flourished .

In fact, Xiaotian is a dog supported by the United States. It can give you food, but it will also educate you.When semiconductors were developed, the United States supported Taiwan and South Korea, and made a plaza agreement to train dogs.

So, no matter how stupid Xiaoyue is, he is actually a dog in America.

Lin Zuhui asked Xiaomi Technology to lay out semiconductors, LCD screens, and lithium batteries early. In fact, he was also preparing for it. He hoped that he could also use his "money ability" to acquire some low-end and mid-end technologies and production lines from Japan and South Korea, and then consider overtaking them later.

Of course, where does the 'money ability' come from, apart from Lin Zuhui's 'financial aid', it is mainly obtained from consumer electronics products, as well as raising funds through listing in Hong Kong.

Lin Zuhui came to Zou Kaixuan's office in a low-key manner. Now he does not have Xiaomi Technology in his office; he will not participate in any activities of Xiaomi Technology, and Zou Kaixuan is completely in charge.

At present, Lin Zuhui holds 80% of the shares of Xiaomi Technology in Hong Kong, and the other 20% of the shares are in the hands of Zou Kaixuan.

"How is the sales of VCD players?" Lin Zuhui said while sitting on the sofa.

Zou Kaixuan was naturally sitting on the sofa, how could she act as the boss in front of Lin Zuhui!
"After a year of advertising, about 10% of the citizens in important cities know about VCD players. And our Xiaomi VCD shipments have risen to about 2 units per month, which is the absolute leader in China. .”

After listening, Lin Zuhui said, "How about Japanese and Korean brands? What's the situation?"

Zou Kaixuan said: "Japan's Panasonic's VCD has been sold in the mainland in the middle of this month. The specific sales situation is unknown, but Japanese brands are very popular in the mainland and are our enemies."

Lin Zuhui said with a smile: "It's just a VCD, and it's not a high-tech product. The so-called foreign brands are nothing to worry about. As long as we insist on advertising on CCTV, and then reduce the price, any foreign brands are nothing to worry about."

Zou Kaixuan nodded and said, "Well, I think so too. Now that we can charge a patent fee of US$10 for each VCD machine, it can be regarded as a big boost to the ambition of the Chinese people."

Of course, there is a patent fee, just like if Xiaomi Technology produces DVD, it also has to pay patent fees to Sony and Philips, and it is also very expensive.

However, the picture quality of VCD is sufficient in China, and the sales volume of DVD is far lower than that of VCD. However, Xiaomi Technology is at a disadvantage in selling DVD overseas. After all, it has only been established for a few years and the brand is not loud enough.

Lin Zuhui asked again: "Now, how much does the VCD cost?"

Zou Kaixuan said: "Not counting the initial research and development and advertising investment, only the material cost is 1800 yuan. This is mainly because we control a decoding chip company and sign a large number of supply contracts with Philips."

For this cost price, Lin Zuhui is very acceptable. Even if in three or four years, those cottage factories use foreign parts and push the price to 2000 yuan, Xiaomi VCD can still guarantee sufficient competitiveness; of course, Xiaomi VCD will not After all, the brand established in the early stage is enough to make it a mid-range brand. The price reduction to 3000 yuan is simply a self-deprecation, and it is confused with counterfeit products.

The reason why Lin Zuhui insisted on letting Cheng Long advertise is because in this era, mainlanders recognize Cheng Long, but Li Lianjie is also not good.In the previous life, the products endorsed by Cheng Long were very good at the beginning. For example, the Xiaobawang learning machine and Aiduo VCD in the previous life were the leaders in the industry.Why closed down, or the boss is not good at management.

"Very well, when Japanese and Korean brands enter the mainland, we will directly reduce the price to 3999 yuan; in the future, if counterfeit factories in the mainland come, we can slowly lower the price to 3000 yuan."

Zou Kaixuan said: "Well, the boss's method is good. After all, according to your forecast, the market sales will exceed 1994 million next year (300). Small profits but quick turnover is the best solution. Moreover, we can also use VCD players , to establish the brand of Xiaomi Technology.”

Lin Zuhui nodded. These products seem to sell a lot, but in fact, they do not make much money in the technology industry.For example, the Tianyu mobile phone in the previous life once achieved the number one sales of mobile phones in China, but it went bankrupt as soon as it said it went bankrupt.

Generally speaking, a profit margin of 10% in the technology industry is very good; but for 10% of the profit, you have to continue to invest. Once you choose the wrong direction, the result is game over.

The Tianyu mobile phone in the previous life was a bet on Microsoft's smartphone system, but it disappeared. Of course, this may only be part of the reason; the root cause is that he does not have his own core technology.

"The company is not short of funds, do I need to inject another 5 million. Forget it, I will inject another 5 million this year!"

Zou Kaixuan was dumbfounded, and quickly said: "The company now has high-quality products and Xiaomi Science and Technology Park. There is no problem with the loan. You don't need to pay any more money from the boss. You have already invested more than one billion yuan."

In the Xiaomi Science and Technology Park alone, more than [-] million yuan has been invested in real terms, and the chip company acquired by Sun Yansheng in the United States, a semiconductor company, and investment in the research and development of VCD, mobile phones, landline phones, and cordless phones; as for the research and development funds for pagers , but the cost has been recovered, and it has begun to make profits.

Lin Zuhui said with a smile: "It's only 5 million yuan. It's a big deal for me. You can use this money to invest in research and development technology. I only have one requirement for Xiaomi Technology, and that is to master its own core technology and have a lot of patents."

Zou Kaixuan nodded earnestly. In her heart, Lin Zuhui was great in the first place, and the mainland executives called him a "patriotic businessman" (Li Chaoren is also called by the executives in this way now).

Then, Lin Zuhui and Zou Kaixuan exchanged ideas on LCD screens and lithium batteries, and Zou Kaixuan took them seriously.

"I don't let you reach the sky in one step, but let you develop gradually. If there is no achievement in ten years, it will only take 20 years. As long as you accumulate technology for a long time, sooner or later you will make achievements in this field. As for the investment during this period, we can pass To make a profit from 'consumer electronics', you can also raise funds through listing, and even before listing, I can continue to support you. We have certain advantages in funding, so you can find ways to obtain talents, equipment, and technology from overseas."

"Well, I remember."

Lin Zuhui said with satisfaction: "If Xiaomi Technology can become a high-tech giant one day, I can also profit from the stock market, but you can become famous all over the world. If our son becomes a talent, he can also succeed you."

Zou Kaixuan nodded happily, almost moved to tears.She would not understand that Lin Zuhui decided not to take the road of technology companies because he was worried about choosing sides in the future, but many of his industries were abroad, so he could not express his opinion.

Although he knows that Xiaomi Technology was founded by him, he will do it for others to see by cashing out and not holding any position in Xiaomi Technology.

Of course, it's also possible that Lin Zuhui's worries are unfounded, and that Xiaomi Technology may not be able to reach Huawei's level.

Lin Zuhui continued: "How is the situation of Xiaobawang?"

Zou Kaixuan replied: "The sales of the second-generation learning machine developed last year are extremely hot. At present, Xiaobawang can sell almost 3000 million yuan per month. It seems that this year we can get a dividend of 2000 million yuan."

There is not much money, and Lin Zuhui doesn't like it at all.

Therefore, he said: "If possible, you can use Xiaobawang's talents to recruit Xiaomi Technology. After all, Xiaobawang has nothing to develop now. And joint ventures, it is impossible to give them shares, even high salaries. It’s unlikely. But our Xiaomi technology is different, high salary is guaranteed, and important future listing, management and technical personnel, can get shares. You can disclose this and let those people work harder.”

Let me write a blank check first, even if employees hold shares in the future, they will not be real stocks. Lin Zuhui plans to set up a labor union, fund or something, and then hold certain listed stocks; while employees and management will hold funds and labor unions shares, this share only has the right to dividends, and nothing else.

Zou Kaixuan said: "A high salary is enough, do I still need to give them shares? After all, in China, the only ones that can afford them a high salary are our companies."

Lin Zuhui told Zou Kaixuan his thoughts, and this woman understood Lin Zuhui's small plan.

"Okay, I know!"

(End of this chapter)