Rebirth of the Wild Age

Beijing, Siheyuan.

　　 The grapes in the yard are already densely branched. More than a dozen members of the Taurus Club are sitting under the grape racks drinking tea and enjoying the coolness.

　　Wang Chuanfu flipped through the various materials of Taurus Capital and the simple statements of its shareholding companies, and was surprised: "Shenzhou Technology's net profit in the first half of this year was 750 million yuan? This is too profitable!"

　　750 million, not sales, not gross profit, but net profit, and only half a year of net profit!

　　Because China Technology is not a listed company, it never publishes its financial reports. No one knows how profitable this company is. At this moment, the other members of the Taurus Club were stunned, and even doubted the authenticity of this simple report.

Song Weiyang explained: “The main profit point of China Science and Technology is PHS, followed by computers and mobile phones. U disks, repeaters, and handheld computers launched this year are also very profitable. And this half-year net profit of 750 million yuan does not include The domestic and foreign patent licensing fees of the U disk do not include the profits gained from investing in SMIC. Of course, starting from May this year, PHS will not be able to eat alone. The competition in the next few years will be fierce."

　　 "What is the current market share of PHS?" Duan Yongping asked.

　　 Song Weiyang said: "About 80%."

　　 The unique business of PHS was finally divided into cakes.

　　 It's not that the telecommunications department is doing something wrong, but that Netcom is playing a trick. Since last year, Netcom has been involved in the PHS business, and its partners are ZTE and Lucent. But they are all small things, because Netcom's influence is not big, and China Science and Technology has already occupied more than 99% of the market share.

　　 But in May of this year, the telecommunications companies in the ten northern provinces, as well as Jitong Communications, were all merged into Netcom by the central government, and the pattern of North Netcom and South Telecom was formally formed.

　　 So, the new PHS business in the northern market lost more than half of it in an instant, and it was snatched away by ZTE and Lucent.

　　 Shen Fuxing couldn't discuss with the telecommunications department because the leaders of telecommunications were also very depressed. They lost ten provinces at once. And Netcom is even more assertive, because China Technology signed an exclusive contract with Telecom at the beginning, and this contract does not have the right to restrict Netcom's behavior.

　　 In a fit of anger, China Technology sent a letter to ZTE and Lucent from lawyers: “PHS is a legally registered trademark and has been permanently authorized by the original author. ZTE and Lucent are not allowed to use the name “PHS”.”

　　 ZTE and Lucent were not moved at all, they still sold goods under the PHS sign. They took out the "Notice on Regulating the Construction and Operation of Wireless Local Calls" issued by the Ministry of Information Industry. This document directly refers to phones using the PAS system as "PHS". Therefore, PHS does not refer to a registered trademark brand, but It is the collective name for all PAS system phones.

China Technology immediately responded: “First, the PHS trademark registration. Before the Ministry of Information Industry issued this document, the Ministry of Information Industry had no right to use the existing trademark as the category name of the industry; This document contains the content of "pas PHS, etc.". The word "etc." can be understood as PHS is only a brand of the pas system, rather than referring to all pas system phones."

　　 To put it bluntly, I was digging out the words, and it was a messy lawsuit, and China Science and Technology could not risk offending the official to sue the Ministry of Information Industry and Netcom. If you really do that, China's remaining business in China Unicom's site will be lost, which is tantamount to completely abandoning the northern market.

　　This kind of lawsuit will take at least several years. The final result can be imagined. Most of the relevant departments have coordinated and stipulated that the PHS can only be used by China Technology, ZTE and Lucent. China Technology can get a small amount of compensation at most.

　　 Damn it!

As the saying goes, crying children have milk to eat. The Ministry of Information Industry also feels that there are some problems with China Science and Technology. After all, they published the registered trademarks of private companies as industry categories in the documents. In fact, Song Weiyang ran away. He set the Taurus Club gathering in the capital this time because he had just had some activities in the capital.

　　 As a victim, deserve compensation. Under the coordination of superior leaders, Netcom will continue to cooperate with China Science and Technology. In other words, in the business hall of Netcom, the PHS produced by China Technology, ZTE, and Lucent can be sold, depending on which product consumers choose to buy.

　　 As for the Southern Market, it is still monopolized by China Technology. ZTE and Lucent have no way of doing this, because China has not yet promulgated the "Anti-Monopoly Law."

　　……

　　 "Lao Song, when are you going to list China Science and Technology?" Guo Guangchang has been a little obsessed with capital operations in the past two years. He said, "With the current outstanding performance of China Science and Technology, once it is listed, it can easily raise billions of yuan."

Song Weiyang laughed and said: "I will not choose to go public, because after the listing, I will be responsible to investors, which will definitely affect the company's business development. Anyway, China Science and Technology is not short of money. Last year's research and development expenses exceeded 1 billion. After the listing, investment Who will allow 1 billion R&D expenditures per year?"

　　 Guo Guangchang said: "You only need to maintain control of the company. No matter how loud investors are questioning, the decision-making power is still in your hands, as long as you can produce beautiful performance."

　　 "It will definitely be affected," Song Weiyang said, shaking his head. "This impact will be subtle and rooted in the blood of the company's top executives. Every time a big decision is made, it will subconsciously stare at the stock price, and will look forward and backward to consider the subsequent results."

　　 "It's a pity," Guo Guangchang said regretfully.

　　 Song Weiyang smiled and said: "If you are willing to exchange equity, we will jointly hire a third party to investigate and evaluate."

Cao Dewang shook his head and said: "Taurus Capital holds too many companies, and there are also a large number of high-quality companies with a valuation of tens of billions. A little share of capital."

"Mr. Cao was joking," Song Weiyang said, "Your Fubo valuation is at least tens of billions, and you are in an antitrust lawsuit with the Canadian Department of Commerce. This wave of equity swaps is fair and just, and voluntary is the first. Principles, and Taurus Capital never intervenes in the operation of the investment enterprise. You are willing to exchange equity, if you don’t want to, just pretend that I have not said this. We will still be good friends in the future."

　　Duan Yongping suddenly smiled and said: "I agree to replace the equity. Doing business with Lao Song will not lose money."

　　 "I also agree to exchange, so that the risks can be shared." Guo Guangchang was actually surprised by the performance of China Technology.

　　 Song Qizhi raised his hand and said, "Although the Xianjiu Group is not large, it is worth a few dollars. I can replace it a little bit."

　　 "I support Lao Song!" Cai Zhiping also followed suit.

　　 Cai Zhiping is most affected by the butterfly effect. In another time and space, he has been in the business world for decades, and his total corporate assets are only 7 billion yuan. Song Weiyang is now instructed by Song Weiyang to devote himself to the field of commercial real estate ahead of time. He continues to buy land and build shopping malls in the lower reaches of the Yangtze River (mainly the textile market, but also has integrated stores). Personal assets have been nearly 2 billion.

　　 Follow Song Weiyang to eat meat, Cai Zhiping has a deep understanding of this.

　　 Li Su smiled and said: "Then I will change a little too."

　　 The brothers Liu Yonghang and Liu Yonghao did not agree on the spot, but after discussing privately, they both decided to carry out a small amount of equity replacement with Jinniu Capital.

　　 The most embarrassing person is Zhang Xuanlong. This man is known as the "Godfather of Zhongguancun", but his personal net worth is the least among the members of the Taurus. In the first two years, in order to prevent an equity transaction of Founder Group ~www.readwn.com~, he directly broke up with Founder's boss. His good friends for many years almost broke up, and even sold the shares of Founder in his hands at a low price, and resigned resolutely. Position on the company's board of directors.

　　 Facts have proved that Zhang Xuanlong's original concerns were correct, and the equity transaction made Founder Group a mess.

　　 Just a few months ago, Zhang Xuanlong was invited back by Founder Group to serve as Chairman of the Board of Directors of Founder Holdings. This company is a subsidiary of Founder Group, which is responsible for software development and system integration business. It is also responsible for the overseas sales of Founder products (including Hong Kong, Macao and Taiwan).

　　 Zhang Xuanlong smiled bitterly: "I won't get mixed up. The internal situation of Founder is too complicated. The equity swap must be a mess. Maybe someone secretly gave a report."

　　 "Understand." Song Weiyang said.

　　 Things are set, except for Zhang Xuanlong, all other members of the Taurus will participate in the equity swap. The specific operation details will have to be reviewed by a third-party organization. I am afraid that it will be difficult to complete the relevant transactions within this year.

　　 In the future, Song Weiyang plans to build a private joint-stock bank for fun.