Rekindle 2003

Chapter 1080 The little brat is causing trouble again!

“Dear guests, ladies and gentlemen:

Hello everyone! I am Qing Yun, Chairman of Yanhuang Group. At such a historical turning point, it is particularly important for us to gather here to discuss the topic of "Corporate Governance - Local Needs and Global Trends".

2003 is a year full of challenges and opportunities for China and the global economy. Against this background, how Chinese enterprises can actively integrate into the global economy and seek win-win opportunities has become an issue that we urgently need to face and solve.

In the tide of globalization, corporate governance is no longer just an internal affair of an enterprise; it is related to the competitiveness and sustainable development of an enterprise in the global market.

As China began to embrace the world, our market became more open, foreign companies entered in one after another, and domestic companies also actively "went global".

Here, I want to emphasize again that our vision is not to challenge the Western value system, but to actively embed ourselves into the world trade chain on the basis of respecting diverse cultures and values, to do what we are good at based on our resource endowments and advantages, and to find and create win-win opportunities with a more open mind.

......"

Klaus Schwab, Chairman of the World Economic Forum, Glenn Greenbarton, Chairman and CEO of Caterpillar, Stephen Shamm, Global CEO of PricewaterhouseCoopers, Bianca Seaman, Vice President of the New York Stock Exchange, and Kai Bao, Head of Finance for Asia Pacific at EY, looked at each other and smiled.

What kind of China do they most want to see or need most?

A China that is integrated into the free trade system, hard-working, and capable of doing all kinds of hard, dirty, and tiring work.

On this basis, they don't mind having some broth in China while they eat meat.

They hope that China can maintain moderate prosperity so that there will be a market for their products, but they do not want China to develop in a high-tech direction.

Because the essence of international trade is to exchange what you have.

China does not have it but America does, and since America does not have it but China does, international capital can get profits from two trades.

To this end, in this special year, they still organized 15 representatives of international organizations, two representatives of Nobel Prize winners in Economics, 27 ambassadors to China, 14 chamber of commerce heads, as well as business leaders and corporate representatives from 37 countries and regions to come to China, which had just recovered from a serious illness.

The purpose is to make China more integrated into the free trade system.

The young Chinese man on the stage was very clear-headed and had firmly grasped the essential issue, which was China's three major advantages in terms of labor costs, industrial system, and infrastructure.

This is the best low- and mid-end manufacturing base that can provide the lowest-cost goods for global trade.

“We need to learn and draw on international advanced corporate governance experience, such as the independent director system and information disclosure system, to improve the quality of corporate decision-making and operational efficiency.

At the same time, we must also take into account China's actual situation, maintain the diversity of the board of directors, and ensure a balance of interests among all parties.

Of course, in the process of integrating into the globalized economy, we also face many challenges, such as cultural differences, legal risks, and market competition.

To this end, we need to establish an effective risk management system, strengthen research and adaptation to international rules, and actively participate in international cooperation to seek win-win solutions. "

The words of the young Chinese man on the stage made Shen Depei and others applaud.

Secretary-General Kofi Annan's special representative, Ma Heli, nodded frequently, secretly thinking that the cultural penetration of the establishment's old money capital over the years has not been in vain.

Bianca Seaman of the New York Stock Exchange believes that the theme of this summit is very appropriate, "New Leadership, New Power, New Change and Future Economic Leaders". Qing Yun is the typical representative of China's future economic leaders that America most hopes to see.

Klaus Schwab, Chairman of the World Economic Forum, stood up and commented, "Chairman Qing Yun's speech not only reflects the foresight of the young generation of Chinese entrepreneurs, but also demonstrates the sincerity and wisdom of Chinese companies in seeking cooperation and win-win results in the wave of globalization.

This attitude of actively integrating into the international system is exactly what our international family expects.

It helps build a more harmonious and stable international economic order.

At the same time, this will provide new impetus for global trade and investment and inject new vitality into world economic growth.”

The domestic entrepreneurs in the audience, including Wang Wenjing, Wang Junjin, Ding Zuhong, Li Dongsheng and others, are all outstanding leaders of the new generation of Chinese business community.

Their enterprises have braved the tide of China's market economy and accumulated rich experience and strength.

However, when Qing Yun proposed on the stage to "rely on our resource endowments and advantages to do what we are good at" and "face the challenges of globalization with a more open mind", these entrepreneurs could not help but reveal expressions of confusion and deep thought on their faces.

What does it mean?
Isn’t our previous openness enough?
This sounds a bit like capitulationism. Does it mean that we should give up our own advantages and cater to the demands of the international market?

This makes them feel uneasy, even wary.

But when they saw the government officials on the stage smiling, especially Ms. Wu, the deputy general manager of the sixth ministry, who was also applauding, they were all stunned.

Damn, is it really the case that "the problem is always in the first three rows, and the root of the problem is still at the podium?"

Especially Wang Junjin, who was straightforward and had a hot temper. He originally grasped the armrest tightly with both hands and wanted to get up and leave, to find a quiet place where he could not see or be bothered.

But when he saw that the business veterans in the front row, such as Henry Fok, Lu Guanqiu, Ren Zhengfei, Yin Mingshan, Wang Chuanfu, etc., were also applauding, and their smiles revealed a kind of sincerity and recognition, Wang Junjin suppressed his impulse and sat back in his seat.

He knew that these old predecessors had experienced the ups and downs of the reform and opening up for more than 20 years. Their experience and wisdom were worthy of respect, especially the old men in front. There was no need for them to give Qin Tianchuan face, so...

If they agree with Qing Yun's words, then there must be a deeper meaning behind it.

Wang Junjin felt a little regretful.

What a pity, it should be my elder brother Wang Junyao who came to hold this meeting...

His vision was not enough to see the deeper meaning, but his elder brother certainly could.

Unlike him, his elder brother has a certain official status.

This identity enables his elder brother to obtain certain advanced information.

It’s a pity that his elder brother is currently bedridden with cancer and is unable to attend this summit.

But at this moment Wang Junjin himself also understood a little.

Yes, the speeches for such occasions must have been reviewed repeatedly, so this should be something that the organization tacitly approves.

That being the case...

Looking at the energetic young man on the stage, a gleam of light flashed in Wang Junjin's eyes.

He realized that Qing Yun's words might not just be a personal opinion, but represent a deeper movement and trend.

Perhaps in this era of globalization, we really need a completely new way of thinking and cooperation model.

But these are all empty talk, Wang Junjin touched his chin.

This kid needs to be open and go out...

No, I have to go back and talk to my brother about whether we should focus our efforts on international trade.

The current diversification of Juneyao Group is too brutal and its power is too dispersed.

While he was thinking, Qing Yun's speech ended quickly.

There was warm applause in the conference room.

Entrepreneurs and representatives from home and abroad expressed high recognition for Qingyun's foresight and open attitude.

In this era of deepening globalization, Qing Yun's speech undoubtedly brought new thoughts and inspiration to everyone present.

Wang Junjin sat in his seat, his heart filled with mixed emotions.

He knew that Qing Yun's words were not only a description of the current situation, but also a look into the future.

He began to think about how his family business should be positioned in the future wave of globalization and how to use its own advantages to meet challenges.

After the meeting, the crowd gradually dispersed, but Wang Junjin still sat in his seat, his thoughts still lingering on Qing Yun's speech.

He realized that this was an opportunity that could not be missed and that he must have an in-depth communication with Qing Yun.

Wang Junjin stood up, straightened his suit, and walked towards Qingyun.

At this time, Qing Yun was exchanging business cards with several international "friends".

Thanks to his experience in international scientific research conferences in his previous life, his spoken English is quite good and he can get by without a translator.

At least it is easier to understand than the counterparts from the third brother's family.

When Wang Junjin approached, he found that someone had taken the lead and was waiting behind Qing Yun.

He looked closely and found that it was Li Yinan from the Harbour Company.

Seeing this, Wang Junjin could only smile bitterly and turn around, sighing inwardly.

Li Yinan's Harbour Company focuses on the communications field and has more business overlaps with Qing Yun's Yanhuang Group.

God knows how long this conversation will end!
It seems that I have to find another time to communicate with Mr. Xiaoqing.

At this time, Qing Yun was chatting with Bianca Seaman from the New Monster Exchange.

Bianca Seaman extended an olive branch to Qingyun with a warm smile.
"Mr. Chairman, your company has shown great potential and vitality in the huge Chinese market.

On behalf of the New York Stock Exchange, I sincerely invite Yanhuang Group to consider listing on Nasdaq.

This will be a great opportunity to showcase your company’s strength and attract global investors.”

Qing Yun smiled and agreed: “Mr. Bianca Seaman, thank you for your invitation.

We attach great importance to this proposal, and Yanhuang Group has been looking for the right time and platform to showcase our value to the world.

Nasdaq is undoubtedly an excellent option and one we will seriously consider.”

Let's just lie to each other first, it's not time to break up yet.

Of course, it is hard to refuse other people's kindness, and Emperor Yun doesn't mind cutting a handful of capitalist leeks with tears in his eyes.

At that time, should we set up a sales company to facilitate data falsification?
Then, while the relationship was good in the past two years, we would go out and have fun, and after harvesting the leeks, we would not go out again.

Li Yinan, who was standing behind him, had red eyes when he heard this.

He lamented that this era was too crazy.

At the age of 29 this year, he is already known as "half of the history of Chinese communications" and can be said to be a genius boy.

But in front of the 18-year-old boy in front of him, he felt that his achievements pale in comparison.

He dreamed of listing on NASDAQ, but Qing Yun was invited by other exchanges to list.

Li Yinan felt both envy and motivation.

He knew that although his port company had achieved certain results in the domestic market, it still had a long way to go compared with giants like the Yanhuang Group that were about to enter the international battlefield.

After finishing the conversation with Bianca Seaman, Qing Yun turned around and saw Li Yinan at first sight.

This person... he is actually very familiar with him.

There is no way I am not familiar with him, Li Yinan, the former prince of Huawei Company.

A name that once enjoyed great renown in China's communications industry.

Thinking of this, Qing Yun couldn't help but smile bitterly in his heart. He seemed to always be dealing with the princes or former princes of major companies.

Li Yinan is an obstacle that Huawei Company will never be able to get around.

His days at Huawei can be regarded as half of the history of Huawei Company and also half of the history of China's telecommunications industry.

An absolute genius. Hua Wei is the best, bar none.

In 1985, when Li Yinan just turned 15, he was admitted to the first batch of junior classes and was therefore called a "little genius."

In 1992, Li Yinan went to Huawei for an internship.

In June 1993, Li Yinan joined Huawei after graduating from the junior class (Bachelor and Master of Optical Engineering).

Because Li Yinan's business ability is very outstanding, he has been particularly favored by Mr. Ren since the day he joined Huawei at the age of 21.

The relationship between the two was once close to that of master and apprentice or even father and son.

Just two days after joining the company, he was promoted directly to engineer.

Two weeks later, Li Yinan was promoted to senior engineer because he solved a technical problem.

Half a year later, because of Li Yinan's outstanding performance at work, he was promoted to deputy general manager of Huawei's central research department.

Two years later, Li Yinan led the development of the most significant, exciting and thrilling product in Huawei's history - the C&C08-port digital programmable switching system.

His contribution was enormous, not only helping Huawei to become famous in the fierce competition with Behr, but also laying the foundation for Huawei's future development in the market.

C&C08 is Huawei's product platform: all of Huawei's subsequent products, including access, intelligence, transmission, mobility, data communication and other products, were developed on this platform.

The reason why it was the most thrilling was that Hua Wei was on the verge of bankruptcy, and if this project failed, there would be no Hua Wei later, and it would have died on the spot.

During the year of the C&C08 offensive, Mr. Ren suddenly aged ten years, so much so that a certain leader complimented the 50-year-old man, "You look very young, not at all like you are in your 60s."

Therefore, Li Yinan was promoted to president of Huawei Central Research Department and chief engineer of Huawei.

In the fourth year after Li Yinan officially joined Huawei, he became the group vice president of Huawei at the age of 27, and was also the youngest vice president in Huawei's history.

It took Yu Chengdong, who later became very successful, a full 25 years to reach this position.

Mr. Ren had complete trust in Li Yinan, gave him full authority, and trained him as his successor from the very beginning.

Li Yinan did not disappoint him and made many great contributions in China.

During the few years that Li Yinan spent at Huawei, it can be said that he led many major decisions in all aspects, from technology to management.

During the 7 years he worked at Huawei, Huawei's revenue grew rapidly from several hundred million yuan to 220 billion yuan. Li Yinan and his R&D team made a huge contribution to Huawei.

Even at that time, almost everyone within Huawei had actually regarded Li Yinan as the future successor to Mr. Ren.

The old man once commented on Zheng Baoyong, saying that one man is worth ten thousand people.

But, the old man once commented on Li Yanan like this: For him, I can create another Hua Wei.

Later, in order to meet the requirements of the corresponding country, Hua Wei hired a foreign management consulting company to optimize management.

A consulting company with evil intentions successfully fooled the majority of Huawei's management with the concept of "fission-like development" and proposed an internal entrepreneurship policy.

Inspired by Huawei's policy, Li Yinan, who was in his thirties, was not satisfied with the status quo and wanted to leave Huawei and start his own business.

Li Yinan's decision to leave was a huge blow to Mr. Ren, but he fully understood the young people's ideas and strongly supported them.

When Li Yinan went north to Yanjing to start his own business, Mr. Ren even held a luxurious farewell banquet at Pengcheng Wuzhou Hotel, and all the senior executives of Huawei above the "director level" came to "see Li Yinan off".

This is an extremely rare thing for Mr. Ren, who has always been low-key. It has never happened before and no one has enjoyed it since.

After leaving Huawei, Li Yinan went north to Yanjing and quickly established the Harbor Company, ready to go all out.

At the same time, Mr. Ren also clearly told Li Yinan that Harbor Networks could become a distributor of Huawei's products, but must not engage in technology research and development that competes with Huawei.

Initially, Harbor Company sold Huawei's routers and data communication products in the market in the name of an agent. It was not until 2001 that Li Yinan officially left Huawei.

However, Li Yinan not only did not take Mr. Ren's advice seriously, he also let his own Harbor Network poach Huawei's employees and snatch Huawei's customers.

With a technical background and having developed a bold and hard-working style under the influence of Huawei over the years, Li Yinan is not satisfied with being an agent for communication equipment.

He soon set his sights on a new market - optical communications, and began to develop and sell his own products, and won several large orders in the market in succession.

Li Yinan's move was seen as an open provocation to Huawei, because in those years, optical communications had always been Huawei's core business. If Harbor extended its tentacles into optical communications, it would inevitably affect Huawei's interests.

In the beginning, there were occasional frictions between the two companies. As the business developed, they eventually reached the point where they were competing for each other's customers.

The special market environment in which Huawei and Gangwan are located, the special status and grudges between Ren and Li, eventually led the two companies into an arena of all-out confrontation and fighting.

In 2004, Huawei set up a special "Anti-Gangwan Office" to carry out precise strikes against Gangwan Network. Huawei snatched away all the customers of Gangwan Network at a lower price or for free, causing Gangwan's business to decline sharply.

In 2005, Hua Wei successfully blocked Siemens' acquisition of Harbour Networks.

In 2006, Hua Wei acquired Harbour Networks for 17 billion yuan.

At this point, the years of competition between Hua Wei and Gang Wan came to an end. The "father-son battle" between Hua Wei and Gang Wan, as Mr. Ren recalled later, was a "miserable victory" for Hua Wei. This was also the most serious crisis in Hua Wei's history.

Because in this battle between father and son, Hua Wei not only lost too many outstanding talents, but also chose the wrong direction in two major decisions.

One was the GSM and CDMA standards, and the other was a desperate bet on TD-SCDMA, which actually resulted in Huawei not making a comeback until the 4G era.

Emperor Yun knew very well that it was not Mr. Ren’s fault for being confused in the first choice.

After all, at the beginning of the century, Mr. Ren was actually on the verge of collapse.

Many of his beloved generals betrayed him, his biological mother passed away, the domestic market was taken over by Harbour, which was founded by his former successor, the foreign market was sued by Cisco, the core backbones left, the company's management was disordered, and the IT bubble burst...

Deadly crises ensued.

The old man worked more than ten hours a day, but still felt powerless to control the company from sliding towards the brink of collapse.

This man, who grew up in hardship in the countryside, was tempered in the army for many years, and was considered as strong as iron by outsiders, often cried bitterly when he woke up from his dreams for half a year.

Not long after, the old man suffered from depression, developed multiple diseases, and underwent two operations for cancer...

All this happened between 2001 and 2003, which broke the backbone of this strong old man and even made him decide to sell the company.

Fortunately, the old man survived.

Fortunately, the power of this butterfly did not change this line of history.

Even after he deliberately raised the price and announced that he would acquire Huawei for 120 billion, the president of Motorola felt that it was too expensive after listening to the "unintentional words" of Yang Xu of Intel Huaguotong, and terminated the transaction two months in advance in another time and space.

Li Yinan, who greeted him with a smile, interrupted his thoughts, "Hello, Mr. Xiaoqing, I am Li Yinan."

Emperor Yun was joking in his heart, but he had a puzzled look on his face.

After responding with a "Hello", he asked inquiringly, "Excuse my ignorance, which company are you from?"

He knew that Li Yinan was a very arrogant person, but he had good reasons not to know him.

This is the second day of the summit, and there are many more companies participating than on the first day. Some companies can even come to observe the event without any invitation letters.

As he expected, Li Yinan's neck twitched involuntarily.

Li Yinan cursed in his heart that sooner or later everyone would know who he was when they heard his name, but he introduced Harbor Network Company with a smile on his face.

“We are an emerging mainstream communication network equipment supplier in China, serving major operators and government, education, finance, power and other industry markets.

Harbor Networks has achieved a large number of innovative results in the fields of IP DSLAM, 10G high-end routers, Gigabit Ethernet switches, NGN integrated access, MSTP, etc.

Among them, many technologies in the field of 1700G core routers have filled the domestic gaps, and the ASIC chip design has reached 0.13 million gates and micron level, ranking first in China.

Up to now, a total of 201 patents and 23 software copyrights have been applied for.

Mr. Xiaoqing, we hope to cooperate with Yanhuang Group in data, key customer access network, integrated access network, industry vertical network and optical network. Here is my business card and detailed introduction of the company. "

Qing Yun frowned when he heard this and said apologetically, "I'm sorry, Mr. Li, I don't know much about communications. I need to find someone to ask."

Li Yinan didn't mind. Although communications and IT are closely related, different fields are like different worlds. Besides, Qingyun is still so young, it is normal for him not to understand.

He came up on his own initiative just to get to know the company and hand over some information. This kind of upstream and downstream cooperation is all based on products.

The larger the business group, the less rebate-based sales it uses, and the more it adopts relationship marketing to establish long-term, mutually beneficial partnerships with key stakeholders.

Similar to 'symbiosis', the partnership is very stable.

This also brings up one of the biggest headaches for emerging equipment suppliers: how to convince major customers to change long-term suppliers.

Frankly speaking, unless the benefits brought by the new product to the customer are far greater than his expectations of product stability and emotional premium, the rest can only be left to fate.

Therefore, the emerging Harbor Network Company is not surviving well under the suppression of Huawei and international giants.

In his view, Yanhuang Group is an emerging IT equipment provider, which is a new piece of cake in the market and his opportunity.

But just as he was about to say a few polite words and leave, the young man in front of him shouted at the top of his lungs,
"Mr. Ren, come and help me check."

This voice...rang out in the venue like a huge bell, attracting everyone's attention.

Domestic entrepreneurs who were heading abroad stopped in their tracks, with strange looks on their faces.

Mr. Ren and Li Yinan, these two names put together become a topic of conversation.

Basically everyone knows that Ren Zhengfei, the founder of Huawei, plays an important role in China's communications industry, and Li Yinan, once the prince of Huawei, later left Huawei and founded Harbour Networks.

The relationship between the two is complicated, involving both the affection between master and disciple and the contest between mortal enemies.

Hearing Qingyun's shout, Mr. Ren turned around, his eyes passed through the crowd and fell on Li Yinan.

A pair of cloudy old eyes narrowed instantly.

Sister Xiaoya, who was not far away, had several black lines on her forehead.

The little brat is causing trouble again!

Damn, it’s only been a few days since we’ve had peace and quiet?
The old man walked slowly towards Qingyun, his steps were steady and his eyes revealed an indescribable meaning.

"Boy, you have given me another difficult problem."

There was a hint of joking in the old man's tone, but everyone could hear the coldness in his words.

Qing Yun smiled and said, "Mr. Ren, you are a veteran in the field of communications. I feel relieved when you are in charge.

This is Mr. Li Yinan, he said their products are the best in China.”

After that, he turned to Li Yinan and looked at him playfully, "Mr. Li, please continue."

Li Yinan felt that his emotions were like the lava before a volcanic eruption, churning with anger and unwillingness.

What the hell are you still doing?
What the hell!
He is not stupid, Qingyun knows him!

And it is obvious that the little bastard in front of him is supporting Hua Wei and is deliberately slandering him here!

……

(End of this chapter)