Return To 1990
Chapter 1270: Investment and mobile phones
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For the first time, Feng Zhiyao felt the cruelty of the business world. You can't teach others anything in your life, but you can teach them once.
He would never have dreamed that his first lesson in the business world would be taught by Lu Feng.
Early the next morning, news about United Capital broke out again and made headlines in major media, including some conspiracy theories. Lu Feng briefly read the newspaper and threw it aside.
At 8:30 in the morning, Lu Feng took a car to the door of the United Capital building. Today was definitely a foreign day for the employees of Hurricane Capital, because they were in the same office building, and the employees of United Capital were basically locals. For Hurricane Capital, These foreigners are somewhat looked down upon.
However, from today on, United Capital is a holding company under the name of Hurricane Capital. How can this not make Hurricane employees excited?
No matter how reluctant United Capital's executives were, today they rolled out a red carpet in front of the building's entrance and pulled up a banner that said they warmly welcomed major shareholder Lu Feng and wished United Capital's eighth board meeting in 1997 a complete success.
There were not many people from United Capital downstairs. On the contrary, most people from Hurricane Capital were downstairs. Wei Yandan stood at the gate and took the lead in applauding.
"Welcome, Mr. Lu!" A woman in her forties wearing a gray professional suit shook hands with Lu Feng and introduced: "I am Xu Wanhua, the general manager of United Capital."
"Mr. Xu, I've met you before." Lu Feng glanced at the scene and said, "Don't be too nervous, there won't be any big changes. I believe everyone knows about my relationship with Mr. Su. I always need to leave for a while because of some things, and during this time, I just help take care of it."
There was sparse applause at the scene, and the old business executives didn't believe a word Lu Feng said.
Under the stars, Lu Feng entered the building and immediately started the board meeting. There were only five people left in the entire board of directors. With Su Yourong absent, the remaining three people's combined equity was just a fraction of Lu Feng's.
There were indeed relatively few people, so Lu Feng pulled several senior executives over to listen in order to be open and fair.
"Now let's start the first vote. Mr. Lu Feng, as the largest shareholder of United Capital, convened a board meeting. The number of shareholders present and the shareholding exceeded 45%. This meets the requirements for the board meeting. It is now voted to issue an additional 5,860 shares. One hundred and seventy thousand shares, priced at 10 Hong Kong dollars per share, are fully subscribed by the designated person, Mr. Lu Feng, please vote!"
Lu Feng raised his hand, and the three people next to him lowered their heads. Isn't this vote a humiliation to them?
"The voting results are now announced. Mr. Lu Feng agreed to the additional issuance. Yesterday's voting result of listed shareholders was 5.8% in agreement, and the additional issuance is effective! After the additional issuance, Mr. Lu Feng accounted for 70% of the total share capital, which is the actual control of United Capital people."
Lu Feng took the lead in applauding, and everyone else followed suit and clapped sparingly.
"Thank you for your trust in me. I believe that I can bring a new atmosphere to United Capital. Let's move on to the second item. United Capital is currently mainly engaged in securities trading, and external investment accounts for very little of the overall operation. In order to enable the company to Be more professional and change the name to United Securities.”
After a vote on the spot, United Capital officially decided to change its name to United Securities.
The meeting was not long and ended in two hours. Lu Feng, the senior management, did not move and replaced people as soon as he came on. This may have a great impact on the company's performance.
After the meeting, Lu Feng announced to the executives that United Securities would undertake the business of listing mainland state-owned enterprises, and these businesses would be sustainable. Since the liquidity of the listing is too little and is close to the delisting requirements, Lu Feng will Reduce stock holdings by no more than 10%.
The salaries and bonuses of senior executives have been increased to a certain extent, and real money can make people return home quickly.
"Mr. Xu, the dinner party that Mr. Su hosted before was very good. If you want to continue it, you will be responsible for this matter. I am very trustworthy when it comes to women." Lu Feng reached out and patted Mr. Xu on the back, smiling. He said: "Here at me, if you have talent, you can use it. As long as you are willing to pay, I will never treat you badly."
"Thank you, Mr. Lu, I will definitely live up to your expectations." Mr. Xu said with a smile as bright as a nightmare.
Lu Feng settled in here, had a meal with the senior executives at noon, and then asked them to respond to supervision, while he went upstairs and had other meetings to hold.
Returning to Hurricane, the first thing Lu Feng did was call Zhu Lidong and ask him to return as soon as possible. Sharp would just send a vice president there. AMD's orders are now the main focus, so Lu Feng told him to leave before leaving. When Sharp was informed of this matter, it was said that the two parties had reached an in-depth cooperation.
"I'm just saying that they are suppressing you from cooperating with us just so they can cooperate with us!" Zhu Lidong joked on the other end of the phone.
"Hahahaha!" Lu Feng laughed and said, "Anyway, we have to make them anxious, otherwise these people won't take us seriously."
"Then I'll book a flight ticket for the day after tomorrow!" Zhu Lidong agreed.
After hanging up the phone, Lu Feng looked at Wei Yandan and asked, "What is Mr. Liu busy with now?"
"I just came back from Sweden a few days ago. It seems that in the Tianjin factory, the second-generation product is about to be mass-produced. They brought a team and said they are doing the final test." Wei Yandan replied: "Mr. Zhang's team is also here. It is said that eight-inch wafers are also in trial production.”
"It's a good thing. Let them stay in Tianjin. At the end of the month, I will accompany AMD people to conduct an inspection. As long as AMD and national procurement are removed, the hole next year will be much smaller." Lu Feng leaned on his position and thought. He said at once: "If you calculate it this way, next year's R\u0026D funds will be at most US$100 million. We are rich again!"
Wei Yandan smiled knowingly when she heard this. As an old person in the company, of course she knew what Lu Feng wanted to do. The company could not live a prosperous life. As long as funds were not so tight, he would immediately have ideas for expansion.
"Let's do this. Set up an investment department for the company. First form a team, and then slowly replace it. It will mainly conduct inspections of mainland companies. Don't let them make investment decisions. Just collect the company's information and report it to me."
"By the way, is there any news from Mr. Du in the mainland?" Lu Feng asked.
"I handed in a market report some time ago. I took a look at it. The content was rough and a lot of the data was vague." As she spoke, Wei Yandan stood up and went out, asking her assistant to bring the report over.
The report is not long, about ten pages long, and provides a simple analysis of the mainland's mobile communications market, focusing on Bird mobile phones.
As Jiaxun's mobile phones were hidden away, Bird bucked the trend and emerged. Now it is definitely the big brother in the domestic mobile phone market. At the same time, the construction of signal towers has also been mentioned. The previous signal tower construction agreement signed by Lu Feng and the local government was basically unfinished.
However, there is news that the country will add one million signal towers across the country in the next five years. On the other hand, there is a trial operation of PHS, which is expected to be officially available to the public in January 1998.
Du Guoying said in the report that PHS was popular in Hangzhou and the market response was intense, proving that domestic consumers are in urgent need of an affordable mobile communication tool.
On the last page, he believes that the mobile phone market has undergone great changes compared to two years ago. It is no longer exclusive to businessmen and bosses, but ordinary citizens are also pursuing it, and it has already become a trend.
Du Guoying believes that if you want to open up the market, the price must not be too high and cannot exceed the three to five months' salary of ordinary people.
Lu Feng agreed very much with the content of this report. He put down the folder and said: "Mobile phones are a good industry. Although the domestic market is not big now, it is enough to accommodate several domestic mobile phones. This year, in terms of budget, we will prescribe mobile phones." Leave some part, 100 million yuan."
"At the same time, we can't just stupidly pay for it ourselves. We are now owned by Hong Kong. After returning for the Chinese New Year this year, you can communicate more with some places. My requirements are that first of all, the city must have a port, the logistics must be convenient, and it must be free. When we grant land, local banks must also support it by providing an interest-free loan, and taxes must also be waived.”
Wei Yandan understood. He just didn't want to pay a penny, but if he wanted a big factory in a port city, it would be best to set up a separate industrial park and spend some money to buy a set of equipment to start the work.
"I don't know much about the situation in the mainland now. I need to go back and ask more about this matter." Wei Yandan replied.
"Let's do this as a matter of fact." Lu Feng stood up and said, "I will take a few days off after finishing my work with United Capital. I will hold an annual meeting this year to bring the two companies together. It will be lively. .”
Lu Feng took a week off, and United Capital officially changed its name to United Securities. As United Securities announced that it would be responsible for the listing of many large state-owned enterprises in the mainland, it once again became a hot topic in the financial circle.
Everyone in the entire financial circle understands that Lu Feng represents mainland finance, and United Securities will become an intermediary, relying on Lu Feng's strong relationships to continuously send mainland companies to Hong Kong for listing.
From now on, United Securities is no longer a small and medium-sized securities company, but has become a large securities company. Some people even estimate that if 50% of mainland companies are listed through United Securities, then the market value of United Securities in the next ten years may be exceeded 100 billion Hong Kong dollars.
A week later, United Securities changed its name and ended its trading suspension. On the first day of resumption of trading, it rose 97%, and once approached a market value of 15 billion.
Lu Feng asked Mr. Xu to set up a reception group for mainland state-owned enterprises to go to the mainland to communicate with many enterprises.
At the end of November, a group of more than 30 people from AMD inspected the Tianjin factory of Hurricane Semiconductor. Lu Feng was accompanied by local municipal leaders. They visited the factory for two days and held a technical exchange meeting. They compared the new factory with recognized.
Then he moved to many places and inspected domestic R\u0026D centers.
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