Rebirth 2002: Nano Life

In 2005, the total shipments of ipalyer series and ch reached 4.09 million units, 120,000 units and 250,000 units, with a turnover of over 9 billion yuan and a net profit of 3.1 billion yuan.

In many countries, due to the security of communication information, the assessment of Xiameng Electronics' p2p communication technology is the possibility of leaking users' personal privacy, so itouch is prohibited from entering its market.

However, Chen Yizhe doesn't care about this. After all, limited by the production volume of "Planet" series chips, itouch can only be supplied to China at present, and he can't do anything about it in foreign markets.

Fortunately, the yield rate of chips currently produced by SMIC is constantly improving. Since this year, the production volume of itouch has also been greatly improved. In March, the production volume of itouch reached 150,000 units. According to market demand, Chen Yizhe volume, and did not continue to expand the production of itouch.

The conference of Xiameng Electronics in 2006 is scheduled for September. This year, Xiameng Electronics will have four new products. In addition to the upgraded versions of the three products of ch and itouch, there is also a new product—ipad.

Said to be an ipad, in fact, Xia Meng Electronics defines it as a laptop computer, which is also the product line Xia Meng continues to enrich in order to enrich the risc-c instruction set chip and the ecosystem of the IXL system.

As for the most valued subsidiary of Xia Meng Group, Xia Meng showed that the output value in 2005 increased by 50% compared with that in 2004, but the profit was only slightly increased compared with that in 2004.

In 2005, the most rapid development of Xiameng Group should be Yide Precision Instrument and Machinery Manufacturing Co., Ltd.

For the cooperation between Xiameng Group and Chaorui, the software design comes from Xiameng Internet, the semiconductor aspect comes from Xiameng Electronics, and the industrial hardware design comes from Yide. In fact, the smart factory this time is a cooperation project of Xiameng Group's internal companies, and Italy and Germany are dominant.

Although Yide has not yet seen results in the chip 3D printing project, it has made great technological improvements in machine tools and intelligent automation in recent years.

In terms of production line design and transformation, Yide at this stage pays attention to the balance between cost and efficiency. For new products, the transformation planning of the production line is started at the same time as product design. It is a combination of lean thinking and optimization from the details.

In the new product development stage, fully consider the automation needs. For example, Chaorui's washing machine factory uses the design patent of stator structure optimization to realize the automatic winding of the stator, which not only improves the winding efficiency but also maintains the quality stability.

In addition, the selective implementation of automation is also a manifestation of the balance between cost and efficiency. Although the automation rate of the machining process can be as high as 100%, in the assembly process, due to factors such as multi-variety and small batches, and the installation of flexible accessories such as cables may be involved, automation cannot be realized, and it is necessary to achieve a balance between automated assembly and manual assembly. .

The design plan given by Yide is to use automation selectively in combination with factors such as product output, technical feasibility and input-output ratio.

For example, in the next product production line of Xia Meng Electronics, Yide will unitize the production line and divide the production units into three categories: automatic, semi-automatic, and pure manual assembly of various modes of production lines. Each unit completes a part of the assembly, and each unit The unit can assemble more than 20 different products, and the combination of different production units can optimize the production plan to meet the production needs of different batches and different products, and also achieve the effect of balanced production.

In addition, for example, the robot factory established by Yide at the end of 2005 adopts the mode of one flow + unit production + mixed flow production. The use of segmented assembly units also has the same effect. Materials are transported through automatic logistics equipment, and manual assembly can be done in one day. More than 40 robots have been completed, and one production line can produce thousands of models of robots.

In 2005, the output value of Yide has exceeded 2.8 billion. It is currently the fourth most valued company under the Xiameng Group, with a valuation of more than 10 billion yuan. Although the annual output value is still far behind the top companies, in Chen Yizhe's view, the value of Yide is not much less than that of other companies, or even more important.

Chen Yizhe agrees with a sentence that industry is an indispensable "pillar" to maintain economic growth, and a country's prosperity cannot be separated from industrialization.

Precision instruments and machinery manufacturing are the foundation of industrialization and the cornerstone of modern industry. Yide plays such a role within Xiameng Group. Its importance to Chen Yizhe is even more important than other companies.

In order to continue to develop Yide, and for the overseas plans, Chen Yizhe acquired Youlian Shipyard, a subsidiary of Shekou China Merchants Group, in March 2006.

At that meeting in 2003, when Chen Yizhe asked for a price, the other party asked for 220 million. At that time, Chen Yizhe could not afford it.

After more than two years, the price has shrunk by half, and it only needs 100 million yuan, and this price is indeed a small number for today's Chen Yizhe.

In 2004, Youlian invested heavily to build a new China Merchants Mazhou Island Youlian Ship Repair Base on Mazhou Island in Pengcheng. The Mazhou Island Youlian Ship Repair Base is located at the estuary of the Pearl River, with a total area of ​​700,000 square meters and a wharf coastline of 3,400 meters. Currently, one dry dock and one 70,000-ton and 30,000-ton floating dock are currently being deployed. The products are repair and transformation of drilling platforms and offshore engineering, LNG, new-generation container ships and various types of ocean-going ships.

It stands to reason that with the assets of Youlian, selling at a price of 82 million is simply a cheap sale. However, with Xia Meng's acquisition this time, even the debt package of Youlian has been received, and the debt of Youlian has exceeded 1.5 billion yuan.

And since last year, there has been a conflict of excess capacity in the global shipping market, and many shipping companies have fallen into the predicament of loss, and Youlian is no exception. Shipbuilding capacity is overcapacity, and the price of new ships is hovering at a low level.

Only then did the new project appear and only half of it was built, and the Shekou China Merchants Bureau was eager to get rid of it.

For Chen Yizhe, if nothing else, the Mazhou Island base is worth more than 2 billion.

In August 2006, Chen Yizhe went to Tuvalu again. Before he went to Tuvalu, Chen Yizhe had a phone call with the former president and the current president. This time, Chen Yizhe did not take a plane, but drove a private yacht and brought Song Feier to Tuvalu after a week of turbulent seas. This is still Chen Yizhe's transformation of the yacht. , It is estimated that they will not be able to come to Tuvalu in half a month.

Stepping on Tuvalu again, Chen Yizhe found that this time Tuvalu has changed a lot from two years ago. At least more than 30% of the land has been submerged, and even the original long road has several sections. It was directly submerged by sea water, and now Tuvalu is basically able to cover most of the land with a huge wave in the past.

And there were less than 10,000 Tuvaluans, and now there are less than 7,000 people left. The remaining 7,000 people are not unwilling to leave, but do not know where to go? You can only be a monk for one day and hit the clock for one day.

It seems that Lao Song, whom Chen Yizhe met by chance, also left Tuvalu, because when he passed the store, it was already empty.

In the past two years, the United Nations has found many scientists to come to Tuvalu, but there is no solution to the sinking of coral reefs.

And now, Chen Yizhe wants to buy this sinking country, of course Tuvalu is willing to talk about it.

Only on the price, the two sides still can not agree.

The price proposed by the other party is US$5 billion for all land prices, plus a subsidy of US$500,000 for each Tuvaluan resident.

You must know that there are more than 12,000 people holding Tuvalu resident certificates. In this way, the price of buying Tuvalu is more than 10 billion US dollars, which far exceeds Chen Yizhe's budget.

Regarding the other party's lion's big opening, Chen Yizhe decided to let the other party down for a while, but he still kept Song Feier.

Let Song Feier stay, in addition to keeping her in contact with Tuvalu, on the other hand, let her control Hormitz, which can also maintain more precise control over Tuvalu's sinking.

…

If in 2006, who had the most frequent contact with Chen Yizhe, Paulson must be the best choice. Basically, Paulson and Chen Yizhe talk on the phone every week.

However, until November 2006, Paulson's new fund was still in a state of loss, with a total loss of 9%, that is to say, Chen Yizhe's loss exceeded 100 million US dollars.

Many investors have even called Paulson to ask him if he is ready to stop losses. Although he categorically refused, Paulson can still feel the pressure.

But Paulson is gratified. As the largest investor of the fund, Chen Yizhe basically invests new funds into Paulson's fund every month and continues to short ABX. The so-called ABX is actually a group of "geniuses on Wall Street" at the beginning of this year. "Create another index that reflects the housing subprime market.

At the end of 2006, Chen Yizhe had basically sold all of his shares in Baidu, with an average selling price of $171 a share. com and the funds after the sale were all invested by him into Paulson's fund, with a total of more than 900 million US dollars. In addition to this part, Chen Yizhe also intercepted some funds for export products, and more than 1.5 billion US dollars was invested in Paulson. inside the fund.

Chen Yizhe's belief in Paulson also gave him the dawn of hope. In December, the subprime mortgage crisis had begun to take shape. In this month, Paulson's fund has turned losses into profits and appreciated by 20%. %. By February of the following year, the new fund had appreciated by 60%.

The increasingly bad financial markets are beyond everyone's surprise.

On February 6, 2007, at ten o'clock in the evening, Paulson had not left his office. At this moment, he and Chen Yizhe from China were on a cross-ocean phone call.

"Chan, New Century Financial Corporation forecasts a quarterly loss!" Paulson looked at the dimly lit Wall Street through the bright window, and after saying this to Chen Yizhe, he felt a little creepy, because he had a premonition that there was a strong Destructive force is about to pop out of a corner.

Chen Yizhe knew that New Century Financial Corporation was a second-generation subprime mortgage company in the United States, and he could deeply understand what the loss of this company meant.

In March 2007, two hedge funds invested in subprime mortgages by Bear Stearns, the fifth largest investment bank in the United States, collapsed one after another, and Bear Stearns also revealed the bad omen of impending bankruptcy. And this is just the beginning. Immediately after Lehman Brothers, the fourth largest investment bank in the United States, filed for bankruptcy protection in the United States Federal Bankruptcy Court due to huge losses in investing in subprime mortgages, an unprecedented financial hurricane rose from Wall Street.