My Age of Investment

  Chapter 1085 Core Journey

  Dai Weili and Zhou Xiuwen, the couple left Fuxing Industry’s Silicon Valley office park with mixed feelings.

  I am happy that Xia Jingxing decided to seriously consider the cooperation proposal between Fuxing Mobile and Meiman Electronics. What is worried is that there is an additional condition for cooperation.

   "Husband, otherwise...Shall we promise President Xia?"

  Zhou Xiuwen stared at his wife with wide eyes, with an unbelievable look, "What nonsense are you talking about? I heard Xia Jingxing's tone, he at least asked for holding Meiman Electronics, then what shall we do?"

  Dai Weili gritted his teeth and said: “If you are a controlling shareholder, let him take the controlling stake. Anyway, our current shareholding ratio is far less than half. Who should change the majority shareholder?

  And next we are going to aggressively enter the Chinese market! Xia Jingxing can provide us with a lot of resource help.

What Xia Jingxing said is actually very reasonable. In the United States and other countries, it is difficult for us to beat Qualcomm. The Chinese market is our true hope of rising. "

   Zhou Xiuwen pondered. He is mainly responsible for technology in the company, and his wife is responsible for sales and business.

  For so many years, his wife has made no mistakes in her decision-making, and has helped the company win one big customer after another.

  The wife decides to bet on China's 3G market and revive mobile phones, so naturally she has reason and judgment.

  "Reconsider, and do you think Renaissance Industry can spend such a large sum of money?"

  Dai Weili smiled and said, “Consider naturally is to consider, not only to consider, but also to investigate.

  I called my eldest brother and asked him to inquire for us in the country.

  And the elder brother said that the Renaissance Industry Industry Fund has already found VeriSilicon, as if it is interested in investing in them.

  This President Xia is also a character on Wall Street, and may be stronger than you and I imagined. "

   Zhou Xiuwen puzzled: "Isn't his main source of wealth Facebook? This company has not yet been listed."

  Dai Weili chuckled, “You are obsessed with researching technology every day, and you don’t pay attention to things other than chips at all. Listen to me to tell you slowly...”

  ……

   "Anyone gone?"

   Lin Bing knocked on the door and walked into the reception room. Only Xia Jingxing was left in the room drinking tea quietly.

"sit!"

  Xia Jingxing expertly clicked on the empty seat next to him, and signaled Lin Bing to sit down.

After sitting down, Lin Bing couldn't help asking: "Mr. Xia, what did the couple say?"

  "It should be a little bit tangled, or because we don’t trust us enough. Give them some time and let them consider it again."

  Lin Bing frowned and said: “Mr. Xia, we don’t have enough time now. The self-developed processor needs to be put on the agenda as soon as possible, otherwise our mobile phone will lose in performance when we wait for some amazing products from Wisdom Fruit.

  As for Samsung, it is not worth trusting. We can only trust ourselves. "

  Xia Jingxing nodded lightly, and then a smile appeared on his face.

  Under the direct influence of his own chairman and CEO, since the establishment of Fuxing Industry, the executives have a sense of anxiety and a big picture.

Take Lin Bing, for example, in his previous life, he followed Lei Jun to hum and hum to assemble mobile phones, and the Surging processor was also doing it secretly, but when he encountered a slight setback, the internal opposition was overwhelming, and he ran to cooperate with Qualcomm for research and development. , Stopped the road of self-study.

  Of course, this has a lot to do with the lack of profitability of rice phones, which cannot support long-term high-investment research and development. From a commercial perspective, it is understandable to make such a choice.

  At least rice is still struggling, which is different from some people who choose to lie flat.

The revival of mobile phones is not the same. The start is relatively favorable. In addition, Xia Jingxing has always pursued the development strategy of "technological innovation to obtain the market, and the high profits obtained by the market are fed back to research and development". Therefore, no one in the company has proposed to extract profits for large dividends. Short-sighted strategy.

  On the contrary, executives often feel that R&D investment is not enough and R&D is too slow, and the entire company is struggling to climb the technology tree.

   But having said that, this prosperous scene is also based on the surging sales of Fuxing mobile phones worldwide.

  If the sales of a certain mobile phone declines or even plummets, it will interrupt this high-investment research and development trend, and even pose a severe challenge to the operating level and financial situation.

  Fortunately, there is a blood transfusion channel such as Envision Capital, which can help "check the gaps" at any time.

  Looking at Lin Bing’s slightly sad face, Xia Jingxing smiled and soothed: “I’m not in a hurry. We have to wait for the opportunity. It’s too slow to build our own R&D team, so we can only choose to buy.

  In the case of acquisition, we are willing to pay, but we also want others to be willing to sell, right? "

  Lin Bing’s expression turned a little: "Then how long will they consider? Do we need to find more acquisition targets as alternatives?"

  "Combining various factors, Meiman Electronics is our ideal acquisition target. They have technical reserves and are eager to enter the Chinese market. In addition, they are Chinese. Everyone has a certain foundation of trust."

  Xia Jingxing stalled, “I want to buy Qualcomm and MediaTek. The question is, are they willing to sell?”

  Lin Bing nodded, "This is what about Spreadtrum Communications? The technology is not as good as that of Meiman Electronics, but it is also considered a leader in China, and it is very suitable for us to acquire and cultivate."

  Xia Jingxing looked at Lin Bing a few times, then smiled jokingly: "Have you been eyeing someone else?"

Lin Bing didn’t feel any embarrassment, and generously explained: “Envision Capital is a shareholder of Spreadtrum, and Spreadtrum is also the LP of Renaissance Industry Fund, and the two founders of Spreadtrum Wu Ping, Chen Datong and Mr. Xia I am also a good friend. I think the difficulty of acquisition is much lower than that of Meiman Electronics.

  More importantly, I have heard that Spreadtrum’s chip shipments are declining, and then the performance may usher in a major decline! The stock price may plummet!

  At that time, we will take action, which will not only save the danger and help the poor, but also save some acquisition costs. "

   Glancing at Lin Bing who was smiling brightly, Xia Jingxing also smiled.

  This shows that Lin Bing, the president, has not been idle for this period of time. He has clearly arranged the exhibition information.

  "Spreadtrum can be included in the list of plans. You can communicate with Deng Yuanyun more and do the preliminary preparations.

  However, if you expect Spreadtrum’s chip products to be installed in Fuxing mobile phones, you will definitely not be able to count on it in the short term. "

  Lin Bing smiled and said: "Understand, due to technical reasons, they can only make low-end products in the short term."

  Xia Jingxing nodded slightly. Spreadtrum had already been eyeing this company, otherwise he would not introduce Chen Datong and Wu Ping into the ranks of the shareholders and LPs of Fuxing Semiconductor and Industrial Fund.

   But Lin Bing is right, the timing of the acquisition has to wait.

  Cost saving is second. The most important thing is to wait until the subprime mortgage crisis breaks out. The harsh economic environment and declining company performance will weaken the business confidence of the founders and shareholders and create more favorable conditions for the acquisition.

  This principle can also be placed on Meiman Electronics.

  The market value of nearly US$15 billion is higher than the overall valuation of Renaissance Industry, which is neither cost-effective nor easy to talk about.

  Wait until the subprime mortgage crisis is fully detonated, Dai Weili and Zhou Xiuwen should change their minds.

  And he can't draw out funds now, the money is still in various trading accounts, waiting for the final wealth feast to be divided.

  With this money, the "core journey" between him and Fuxing Industry can also set sail!

Thank you book friend Norns for rewarding the leader. Ten chapters will be added. I will start adding the remaining three chapters. I originally planned to pay back the account before the new year. It seems that I have to bear the account. New Year's Eve...

  (End of this chapter)