Reborn Entrepreneurial Giant

Yinghe Real Estate introduced external shareholders and gave up some rights at the same time. In other words, neither of them cared about this industry and prioritized making the company bigger and stronger, so the cooperation went smoothly.

As the largest professional long-term rental housing brand in China, it has received a lot of attention this year. In terms of quality and service, it has formed a process and institutionalization, overcome the scale trap, achieved stable profitability, and has the possibility of mass replication.

If it weren't for the top management to promote the construction of long-term rental housing, if it wasn't a big tree that attracts attention, and if it can be packaged and sold at a suitable price, he really doesn't want to keep this company. It doesn't have much value anyway, so many netizens say that he and Chen Danlin are the largest companies in the country. The charterer is a charterer.

Although it is true, he really is not doing it for personal gain. He can make more money by stock trading. Only if he has a brain problem will he rely on long-term renting to make money for the rest of his life. What if virtual reality becomes popular and working from home becomes a common solution...

Even if real estate does not become a sunset industry, it is not Qu Li's future for the rest of his life, so he should change from a major shareholder to a minority shareholder in the future and cede the company to a state-owned enterprise.

There is no ever-lasting industry in this world. Even for various trusts such as family funds, who can guarantee stable profits? For example, in the ever-lasting U.S. capital market, so many listed companies delist every year. During the financial crisis, Will GM, AIG go bankrupt, what will their former shareholders be left with?

Therefore, Qu Li's current mentality is still very good. If Fanxing Fund can be successful, his descendants can pass on this career. With the help of this platform, no matter starting a business or doing anything else, their starting point is the end point of many people.

This is the case with Yinghe Real Estate, but it is different with PC Yinghe. The second shareholder of this company is China Unicom. It is engaged in the public utility industry such as telecommunications, which has become a basic need for people in modern society. Unfortunately, it is limited to Hong Kong and has limited potential.

Yinghe Telecom is currently the largest IDC data center company in the country and the world's leading IDC data center company. It has basically established a submarine optical fiber network connecting the world, as well as IPTV services in Hong Kong and streaming media services covering Southeast Asia. It did not take much effort to become the largest in Southeast Asia. video website.

Together, these businesses support the company's market value of about HK$150 billion, but how long it can last is unknown. After all, data centers are heavy assets, revenue scale is positively related to investment, and streaming video relies heavily on content.

As for the source of content, it mainly relies on procurement now and self-production in the future. TVB in Xiangjiang seems to be reviving under the ownership of Mr. Li, but he has also developed a streaming media business. However, TVB relies on the old people, and Yinghe relies on the newcomers. Everyone plays their own role.

I don’t know if there will be a chance to enter the telecommunications market of Wanwan and Hainan in the future. It stands to reason that there is a chance. Satellite calling is also a relatively practical technology. Although there are many Juhua Hijuns, they do have unique skills that can achieve a multiplier effect, but Qu Li still wants satellite Internet more.

It is a pity that if this business is developed by Yinghe Telecom, the company's enterprise services and IT operation and maintenance businesses will basically be sold, but the DICT business will be developed. This is a new term that has emerged recently, DT (Data Technology) in the era of big data. ), deep integration with IT and CT (communications). The main applications include cloud computing, as well as smart cities, transportation, medical care, education, etc., and even whole-house smart homes.

Yinghe Telecom definitely does not need to develop advanced technologies such as cloud computing from scratch. It mainly focuses on applications. Technical support is sometimes provided by optical cloud, Kingsoft Cloud and enterprise security, Huashan Communication Technology, Honor Company and other cooperative enterprises.

Qu Li doesn't know how to do it specifically. Anyway, he has no shortage of talents and connections. The company has stable cash flow. PCCW does not pay dividends now. It continues to invest in these new projects every year and has nearly 20,000 employees around the world. Mainly concentrated in Xiangjiang.

After learning about others, Geometry Auto's sales in Xiangjiang finally resumed growth with the Geometry Y6, and monthly sales are no longer in double digits. Needless to say, Honor has always occupied about 50% of the market share.

A big tree attracts wind. Hong Kong in 2019 is turbulent. The specific situation cannot be said for sure. I hope no one will target them. Qu Li and Chen Danlin made various arrangements after handling the Yinghe Telecom matter in Hong Kong.

Finally, there is the investment business of Tianming Fund, many of which are guided by Qu Li. Financial assets are mainly in the United States, real industries are in China, and some other investments are in countries with sound economies and rule of law, such as Canada, Australia, Greece, and Vietnam.

What is worth mentioning here is Vietnam. It is undeniable that they have many congenital flaws, but in the situation of great power competition, the advantages are too obvious. Although they may experience some minor twists and turns, a country with a population of 100 million and There is a large proportion of young people, and there are no differences in language or culture. As long as a country with a higher level of education persists in developing its economy, there is no reason why it cannot develop.

Domestic evaluations of Vietnam often fall into two extremes, either dismissive or extremely flattering. Isn’t it true that developed countries don’t deserve respect? Even if it cannot reach the level of Guangdong Province, it is more than enough to surpass Gui Province.

The asset allocation of Tianming Fund is relatively healthy. Whether it is Yinghe Telecom, Yinghe Real Estate, or Fenghua International, they are not companies that will go bankrupt easily, not to mention that the value of U.S. stock assets has already exceeded 10 billion US dollars. It is precisely because we are not short of money that we dare to throw money around without caring about short-term gains and losses.

Meeting with Tianming Fund and its main industry leaders, Qu Li and Chen Danlin declined interviews from media reporters and prepared to return to Yangcheng from Hong Kong. They were blocked in Pengcheng. It turned out that the IT Leaders Summit was held, and Qu Li and Chen Danlin were still in the Greater Bay Area. Li was pulled over.

Because of the rise of time, the upward trend of Goose Factory was interrupted. With the future uncertain, the major shareholder, a South African group, began to sell shares, selling for 5% of the stock. This shocked the entire market and put huge pressure on the management of Goose Factory.

The management of Goose Factory does not have super voting rights, but the major shareholders are quite cooperative and helped Ma Huateng and others strengthen their control before leaving. The specific operation is difficult to understand, but no matter how hard they try, Goose Factory cannot become a domestic It is the IT Internet company with the largest market value.

Honor is the most profitable technology company in the country; Time Jumei is the Internet company with the highest market value and revenue in the country; Qu Li has always been the "spiritual leader" of both companies and has become the most beautiful kid in Guangdong Province.

Without Qu Li participating, such an IT leaders' summit would be a bit unrealistic, but now he wants to disappear from the public eye. He really doesn't like being too high-profile, especially since the theme of this conference is actually 5G and artificial intelligence.

What exactly is 5G? Leaders of relevant departments have said in interviews with the media that there are no application scenarios for civilian use and industrial use is immature. Later 5.5G is said to have made great technological progress, but operators are no longer enthusiastic.

As for artificial intelligence, until Ghatgpt3.5 came out, many domestic companies were "far ahead". How do you ask Qu Li to brag? Are you saying that time is not enough to gather beauty, or are you saying that Honor is not in a hurry to build 5G phones?

Chrysanthemum’s 5G patents and baseband are both ahead of Honor. In January this year, Chrysanthemum released the Balong 5000 baseband chip. In February, Qualcomm launched the X55 baseband. Honor’s 5G chip has not yet been announced.

Compared with 5G, Honor Spreadtrum is ahead of HiSilicon and Qualcomm in mobile SOC, and has gradually found its own path, no longer limited to the public version architecture, and has its own innovations. There are not only ARM architecture, but also RISC-V architecture, self-developed GPUs, NPUs, big data AI chips developed for cloud computing, and car-grade chips developed for autonomous driving...