Rebirth of the Wild Age

The two days of meditation have been very enjoyable. I spent a lot of fun in the Crystal Park, played roller coasters, go-karts, and Ferris wheels, and made up for my childhood regrets. Then I went on vacation in a floating village. Although the Brunei floating village was not planned by the government at this time, everything seemed primitive and messy, but it was still relaxing to step on the sea with the wind blowing.

When he returned to China, Shen Si suddenly received a call, said a few words, and passed it directly to Song Weiyang: "Boss, Mr. Ali Cai's call is about the second round of financing."

"Hello, Lao Cai!" Song Weiyang said after taking the phone.

"Hello Boss Song," Cai Chongxin said straightforwardly. "Mr. Ma has persuaded Sun Zhengyi of Softbank that the other party is willing to invest 30 million US dollars and demand 30% of the shares."

Song Weiyang smiled and said, "Sun Zhengyi didn't wake up, right?"

Cai Chongxin explained: “Alibaba’s current situation is not very good. Foreign business is shrinking across the board. Even the headquarters of Shenghai in China have been withdrawn. Wall Street’s valuation of Ali is decreasing every month. Sun Zhengyi is obviously very optimistic about Ali. It also bullied us that we were at the bottom of the valley and couldn't get financing from other investors. That's why the lion spoke a lot."

"The surnamed Sun is still a shit!" Song Weiyang said.

In order to raise funds this year, Kingston, a company with such a dynamic company, sold 80% of Kingston's shares. This transaction can be said to have lost ground, because Sun Zhengyi was acquired for 1.45 billion US dollars at the beginning, but now the selling price is only 450 million US dollars, and the book has a direct loss of 1 billion US dollars, not to mention that Kingston has become more in recent years. valuable.

There is only one explanation. Sun Zhengyi was so poor that his capital chain was about to break, and he could only recoup cash back and forth by selling properties at a low price.

But even in this extreme lack of money, Sun Zhengyi is still willing to invest 30 million US dollars in Alibaba, which shows how bold and visionary this person is.

Song Weiyang asked: "What do other shareholders say?"

Cai Chongxin laughed and said: "The other shareholders are all opposed. In view of Ali’s financial difficulties, they agreed to Sun Zhengyi's capital injection. But they only agreed to Sun Zhengyi's capital injection of 20 million U.S. dollars, and they also pulled a new investment institution, and several joint injections of 5 million. U.S. dollars. I called this time just to ask Boss Song if he would like to increase his capital?"

Song Weiyang said: "Of course, I can invest another 8 million US dollars."

"Okay, I immediately report the situation to the other shareholders, and then everyone discusses a reasonable financing plan." Cai Chongxin said a few more words and hung up.

Three weeks after returning to China, it was almost New Year's Day, and Alibaba's second round of financing plan was finally finalized.

Sun Zhengyi invested 20 million U.S. dollars, Song Weiyang invested 8 million U.S. dollars, and the other six institutions jointly invested 5 million U.S. dollars. Alibaba’s shares became: Ma Xiaoyun team (42.8%), Taurus Capital (14.8%), SoftBank (10.9 %), Song Weiyang (9.1%), and the total of the six major investment institutions (22.4%).

Song Weiyang is still the largest individual shareholder, Jinniu Capital is the largest corporate shareholder, and Sun Zhengyi's shareholding is much lower than in another time and space.

However, this does not explain anything. If you want to maintain the shareholding ratio, you have to continue to invest money, otherwise, after Ali's third, fourth, and fifth rounds of financing, the original shares will be diluted miserably.

...

After Song Weiyang returned to China, he continued to receive interview invitations from the media, because news about China Technology's prosecution of American Bienwei and the prosecution of many domestic companies for infringement has spread.

This kind of news was particularly novel in 2000, because more than 99% of companies didn't even know how to get out of the country, and it was even less likely to go to the United States to fight a lawsuit.

Major newspapers have called this lawsuit the “first case of a transnational commercial lawsuit” and even alarmed the top state media. The People’s Daily published a commentator’s article: “As the process of WTO accession negotiations continues to accelerate, China Joining the WTO is an inevitable move... After China's entry into the WTO, more and more companies will go international, and commercial disputes will inevitably arise. This requires understanding the laws of other countries and protecting their legitimate rights and interests through legal means. The case of China Science and Technology Corporation suing American Bianwei for patent infringement can be said to set a good example for domestic enterprises..."

"Chinese Entrepreneur" issued an article saying: "Chinese companies should pay attention to patent protection. At the beginning of reform and opening up, many patents in China were maliciously snatched by overseas companies. At that time, there was a special organization that collected invention patents all over China. Then apply for registration abroad, causing huge losses to Chinese scientific research institutions and companies... Now we are paying more and more attention to patents, which is a very good development trend. China Technology sued Bienwei case, It is a microcosm of Chinese enterprises' formalization and internationalization."

Anyway, this matter is raging, and Shenzhou Technology has become famous for it.

Many ordinary people don't even talk about using computers, they may not even use PHS, let alone know what a USB flash drive is. As soon as the news came out, everyone felt that China's technology was particularly awesome, and the U disk must be a very high-tech invention, so severe that American companies would infringe. From this point of view, China Technology is also a powerful company, because all the lawsuits have been brought to the United States.

The sense of national pride is instantly there. I only heard that Chinese companies spend huge sums of money to introduce foreign technology, and there will be a day when foreign companies come to China to steal patents!

Let's put it this way, even if a small patent infringement lawsuit will be held, the brand awareness of Shenzhou Technology in China will skyrocket. The sales of Bionway's U disk exported to China plummeted, almost to the point where no one bought it, because everyone has a better choice, why bother to buy a "notorious" product?

Since China Technology’s patent lawsuit has been prepared for a long time, this time the complaint was submitted to the "U.S. Federal Court of Appeals" (this court specializes in patent and international trade cases) as quickly as possible, and the lawyer submitted a notice of lawsuit to B&W. Book.

As the defendant, Bianwei must respond within 20 days, otherwise it would be tantamount to giving up the right to defend.

Bianwei originally ignored it, but suddenly learned that Kingston had obtained a patent license for the USB flash drive, and the Chinese agent also reported that the Bianwei USB flash drive was unsalable. These two news directly panicked Bianwei. The former means that the lawsuit may be defeated, and the latter means that Bianwei may lose the Chinese market.

As a result, Bianwei hurriedly contacted the American attorney of China Technology, requesting China Technology to withdraw the lawsuit, hoping to make an out-of-court settlement.

American companies like out-of-court settlements very much, because commercial lawsuits are protracted, and court proceedings are lengthy and expensive. It is possible that a lawsuit will last for ten years and the law firm will become the biggest winner.

The two parties quickly started negotiations and reached a settlement clause: Bianwei will compensate China Technology with a one-time compensation of 1 million US dollars. In the future, it will pay U disk patent fees to China Technology at a rate of 0.3%, and join the U disk patent alliance initiated by China Technology.

The reason why the talks went so smoothly is that Shenzhou Technology is easy to talk about and has no idea of ​​causing Bienwei to bleed. The compensation of 1 million US dollars is only a small amount, and the 0.3% patent royalty fee is far lower than the 0.5% market price. This is Bienwei. Wei is totally acceptable. Otherwise, Bienwei will definitely choose to fight a lawsuit or engage in protracted out-of-court negotiations.

And China Technology is not a bad guy, it has its own considerations.

After reaching a settlement with Bionway, China Technology immediately took the settlement agreement, as well as the patent licensing contracts signed with Bionway and Kingston, to send a letter of attorney to all the infringing manufacturers of the brand in the world.

I didn’t get any response to the lawyer’s letter before, but now there are the top two U.S. USB disk manufacturers to prepare the books, and the patent royalties are still very low. In an instant, more than a dozen manufacturers are willing to sit down and negotiate~www.readwn.com ~As of March 2001, China Science and Technology has granted 18 overseas manufacturers the right to use U-disk patents, and every year it can make a lot of money just by collecting patent fees.

At the same time, China Science and Technology hyped up the victory, and the major media also cheered and celebrated. They reported that the United States Bianwei did not dare to respond to the lawsuit and took the initiative to seek an out-of-court settlement. Chinese companies have fought a big victory!

The next thing is cool, there is no need to say anything from China Technology. Those domestic U disk manufacturers that pretend to be dead have actively submitted patent fees. Anyway, the price is not very expensive, a 500 yuan U disk, you can provide 1.5 yuan to Shenzhou Technology, there is no need to make a lot of noise in the whole country, and you have smeared your brand.

Of course, those who do this are all big brands, and small manufacturers don't care about you. They can make a fortune, and they don't know which year they will go bankrupt, and they are not afraid of being sued by China Technology.

What's more, because the popularity of China's U disk has soared, it directly copied the brand of China, and it is impossible to catch it like a mouse. You can only rely on the public security organs to crack down on counterfeit and inferior products.

China Science and Technology is completely popular, and even the sales of computers are increasing.

PHS, repeaters, U disks, computers-these are the four pillar products of China Technology, each of which is rich in money. Some insiders estimate that the total assets of China Science and Technology are likely to exceed 10 billion yuan, and financial institutions value China Science and Technology 20 billion yuan.

It is a pity that these are all speculations, because China Technology is not a listed company, and a large amount of information will not be released to the public at all.

The financial institutions on the Hong Kong City side would come to the door several times a year, hoping to help Shenzhou Technology to operate the listing, but Song Weiyang has never intended to go public. Because the company is not short of money at all, PHS is like a money printing machine. The cash flow can no longer be described as healthy, and it is about to grow fat!