webnovel Chapter 152
Chapter 152
Presently.
The main business of Huali Group is a supplier of communication equipment.
Right now.
Ranked first in the global market share.
Last year’s total revenue exceeded 200 billion soft sister coins.
More than 99% of them.
All of them are to provide communication equipment and technical support for countries and regions around the world!
Income on the phone.
Almost insignificant.
As a matter of fact.
It’s not just gorgeous.
At present, this is also the case for domestic mobile phone brands.
Look.
There are many brands.
For example, Tianyu mobile phone, Bodao mobile phone, Jinli mobile phone, Changhong mobile phone, etc.
But actually.
At present, in Huaxia, the market share of all domestic mobile phone brands is less than 30%!
Moreover.
All are mainly low-end machines!
If calculated in terms of profit, I am afraid that 5% of domestic mobile phones will not be available.
And.
These so-called domestic mobile phones are also assembly machines, and all supporting equipment is imported.
To put it mildly, it is an assembly plant!
It is also necessary to pay sky-high patent fees abroad!
Domestic enterprises just rely on cheap labor to earn a hard money.
Of course.
The future development prospects of mobile phones are very huge.
This is also the reason why Huali Group entered the mobile phone field.
“But it’s still that sentence. ”
“At the moment we don’t see any return at all!”
“Since we planned to enter the mobile phone field six years ago, we have invested more than 30 billion yuan in research and development. ”
“It is precisely because of the drag of the mobile phone business that our company’s overall profit has declined!”
Another high-level said slowly.
Take last year, for example.
Huali Group’s annual revenue is 200 billion!
But.
After a year, the net profit is less than 10 billion!
The profit ratio is only 5%!
This is the root cause.
It is that Huali Group invests high technology research and development expenses every year.
Besides.
There is also a key reason.
Taxes!
Just like last year.
Gorgeous revenue of 200 billion, tax payment is as high as 52 billion!
If Huali puts its registered place in the Cayman Islands, a tax haven abroad, it can immediately pay more than 40 billion less taxes!
Net profit can immediately soar from 10 billion to more than 50 billion.
As a matter of fact.
At present, all large private enterprises in China are not registered in China.
All in the Cayman Islands, a tax haven abroad!
Like a tanuki!
Like penguins!
As well as the future Jingxi, No Group, Zhanyin, Xiaomi and so on!
So.
The so-called let some people get rich first, and then drive the remaining poor to get rich as well.
It’s a joke!
These capitals.
Make money at home, but you are not even willing to pay normal taxes in the country.
Only the stupid enterprise of the Huali Group still pays taxes in the country.
“That’s right!”
“I’m even worried about continuing to invest in high R&D costs in mobile phones.” ”
“It will directly drag down our main business!”
“In that case, the gains will outweigh the losses, and I suggest that the company immediately package and sell the mobile phone business.” ”
“Put all the business on the research and development of communication equipment and the layout of future 4G technology!”
Another high-level proposed.
The main business of Huali Group is to provide interactive communication equipment for base stations.
And technical service support!
And this year.
With the successful development of 3G.
The world’s major information and communication technology companies are focusing on the next generation of 4G technology research and development!
It can be said.
Whoever can take the lead in successfully developing 4G communication technology and obtaining patents will grasp the right to speak and rule making in the field of information and communication in the next ten years!
After listening to the opinions of everyone in the gorgeous high-level.
Then.
Old man Ren abroad.
By conference call.
Expressed his thoughts.
“Everyone listen to me. ”
“Actually, I also have the idea of selling the mobile phone business and then spending all the research and development funds on 4G communication technology and the research and development of the main business. ”
“I’ve even talked to some funds. ”
“It’s just. ”
“With this financial crisis sweeping the world, the prices offered by these people are too low!”
“Not even 1 billion. ”
Old man Ren’s words left everyone speechless for a while.
1 billion none?
If this is sold.
Isn’t that a big loss?
Just if it doesn’t sell?
Everyone was bitter.
The reason why they proposed to stop mobile phone research and development is not because of the impact of the financial crisis.
“But don’t worry too much.”
“There is an investor who seems to be very interested in our group’s mobile phone business. ”
“When I return to China the day after tomorrow, I will personally negotiate with him. ”
Old man Ren’s words came slowly over the phone.
Hearsay.
The conference room scene was gorgeous, and the senior management of the group breathed a sigh of relief.
Now the financial crisis.
All walks of life are short of money!
Shen Fei didn’t know.
At this time.
Huali Group needed money more urgently than he thought!
Ultimately.
Or is the goal of Huali Group too big!
People just don’t import.
Have to develop it yourself!
And.
A research and development, or in line with the world’s leading technical level to research and development.
Just like this one.
Huali Group intends to lay out the next generation of 4G technology.
Its R&D capital budget is as high as tens of billions!
Time slows down.
Soon.
Come to the day after tomorrow.
Accompanied by a flight landing from the city of Shinsei.
Shen Fei, wearing sunglasses, as well as Orange Fruit, Cheng Chunli and some high-level executives invested by future people slowly walked out of the exit.
A man in a black suit immediately greeted him.
“You are Mr. Cheng Guocheng, the general manager of Future People Investment Company, right?”
“I am Yu Dongcheng, Deputy General Manager of Huali Group, and on behalf of all the people of Huali Group, I welcome Mr. Cheng to visit our Huali Group. ”
Yu Dongcheng greeted him warmly.
Moreover.
The attention was all on Cheng Guo.
To this.
Shen Fei didn’t mind either.
Now in the eyes of outsiders, the investment company is Cheng Guo’s.
He Shen Fei is just an artist!
As for the previous stick country business war.
Not in his place, not in his place.
Renjia Huali Group is engaged in communication equipment, but not in financial fund investment.
So.
Didn’t pay much attention to those at all.
Some of these secrets are even less understood.
“Hello Mr. Yu. ”
“I am also very happy to visit Gorgeous Group. ”
Cheng Guo is neither humble nor arrogant.
After these days of exercise.
Cheng Guo has long been not the little white who didn’t understand anything at the beginning.
Even if it is facing Dongcheng, it is easy to maneuver.
Soon.
Under the special car of the Huali Group Company.
Shen Fei and his party came to the headquarters of Huali Group.
As the number one company in the field of global communication equipment suppliers.
The headquarters of Huali Group is still very magnificent!
Dozens of storeys high.
Inside was full of busy staff.
“Welcome Mr. Cheng. ”
Old man Ren personally greeted at the door of the company.
And the floor is also covered with a red carpet.
On both sides stood many high-level executives of the gorgeous group.
It was obvious that Old Master Ren was looking forward to and paying attention to this meeting.
There’s no way not to pay attention to it!
The mid-range fruit of the phone is a direct explanation.
Future Man Investment Company is very interested in the mobile phone business.
If you want to find an excellent company, set up a joint venture mobile phone company, and invest funds to reach 20 billion in the first year!
“With this annual cash of up to 20 billion, it will not be a problem for the mobile phone business to continue to develop and develop!”
Old man Ren thought secretly in his heart.
These two days.
He also investigated Future People Investments.
It can be said.
The strength is very strong!
The company has invested in Riot Game companies with a valuation of billions of yuan, as well as a large zombie unmanned company with a valuation of nearly 10 billion, and a microchat product estimated at nearly 10 billion!
Besides.
The company also owns 7% each in Tanuki and Penguin.
As well as the largest retail investor of Maotai Distillery’s listed and outstanding shares!
“What’s worse is yesterday’s disclosure!”
Come to think of it.
Old man Ren still felt a tremor in his heart.
Yesterday night.
Future Man Investment Company disclosed its holdings of eight million bitcoins!
In the beginning.
Old man Ren was not too shocked.
Merely.
After checking the current price of Bitcoin.
People are stupid.
Presently.
The price of Bitcoin has reached six thousand.
Other words.
These bitcoins.
That’s up to 48 billion!
In other words, the total investment assets of Future People Investment Company have approached 100 billion!
“This is definitely a very strong investment company!”
“I just don’t know, who is the capital behind it!” ([ Read more novels for free on our website: Knight NovelS ])
Old man Ren couldn’t believe that the owner of this investment company was Cheng Guo.
In his opinion.
Cheng Guo: This is just a representative of capital forces.
He wouldn’t even think about it.
These assets.
It’s really a person!
Moreover.
Right in front of his eyes.
Soon.
Under the leadership of Old Master Ren, Shen Fei and others visited the headquarters of Huali Group.
And then.
Entered the conference room.
“Mr. Cheng, are you really interested in our company’s mobile phone business?”
Old man Ren asked straight to the point.
Hearsay.
Cheng Guo didn’t think much about it.
These days.
She has rehearsed with Shen Fei many times.
“Yes. ”
“We are very optimistic about the future domestic mobile phone market!”
“And. ”
“We are also very interested in such an excellent technology research and development company as Huali Group. ”
“We are willing to invest 20 billion yuan to establish a joint venture mobile phone company with you.” ”
“And guarantee that the amount of funds invested every year in the future will not be less than 20 billion!”
Cheng Guo finished speaking.
Secretly glanced at Shen Fei next to him.
After seeing that Shen Fei’s expression did not change much.
Only then did he continue.
“Of course!”
“We also have a request!”
“Our goal is not to import foreign accessories and pay sky-high royalties for foreign companies!”
“We want to put all the money on research and development!”
“Even if we don’t see a return for two or three years temporarily, we can accept it!”
Cheng Guo’s voice was not loud.
But.
The tone is full of confidence and calmness.
Here.
It was Old Master Ren’s turn to be shocked!
He never expected it.
Currently domestic.
There are still people who do not go to compradors, but are willing to invest high money in research and development!
“Mr. Cheng!”
“We also agree with your request. ”
“We at Huali Group have always been a high-tech enterprise dedicated to research and development. ”
“This. ”
“We can guarantee it!”
“As for your proposal to establish a joint venture mobile phone company, in principle, we have no problems!”
Old man Ren said excitedly.
Now Huali Group is short of money.
Before, he even wanted to sell his mobile phone business.
As a result, this came to the gold lord who sent it to the door.
Now that the opinion on cooperation has been finalized.
Then next.
It is the negotiation of some details of cooperation.
For example, the proportion of shares of each party.
Proportion of capital contribution.
The main research and development direction and so on.
“Nope!”
“Can’t give up the research and development of mobile phone chips!”
“Other than that. ”
“We even have to support the relevant industrial chain of chip manufacturing!”
“For example, lithography machines!”
In some details.
Cheng Guo’s attitude is very tough.
Some are even outrageous!
For example, this chip manufacturing.
As well as lithography machines!
Old man Ren didn’t understand.
Chip manufacturing is understandable.
But why should the lithography machine be developed?
Isn’t it okay to import directly?
“Mr. Cheng. ”
“Although we are R&D, we don’t have to develop all the technology, right?”
“According to you, cameras, screens, etc., don’t we all have to develop them?”
“How much does that cost!”
Old man Ren couldn’t laugh or cry.
A mobile phone requires hundreds of spare parts.
It is impossible to produce each of these things by yourself!
“No, no, no!”
“Cameras, screens and other technologies can be put away. ”
“In terms of chips and operating systems, we must develop independently!”
“Even if it cannot be successfully developed in a short period of time, it is necessary to import foreign chips and use other companies’ operating systems!”
“But we have to develop it!”
“It’s also a necessity for us to invest!”
“If you can’t agree to this, then I’m sorry, we can’t agree to this investment!”
Cheng Guo’s attitude is still tough.
As a matter of fact.
Whether it’s a chip.
Or a lithography machine.
and the operating system.
It was Shen Fei who asked her to say this.
Although Cheng Guo did not understand the reason why Shen Fei did this.
But listening to Shen Fei is always right!
“This…”
Old man Ren smiled bitterly.
After discussion between Old Master Ren and the high-level of the Huali Group.
I could only agree to this condition.
No way.
Who let Cheng Guo be the golden father now?
And about the details of the part of the business negotiations.
It lasted a whole week!
Seven days later.
“Mr. Cheng, this is the proposed contract for the joint venture between Future People Investment Company and Huali Group to establish Rongyao Mobile Company. ”
“Take a look. ”
“If it’s okay, you can sign it!”
Old man Ren smiled (Zhao’s Zhao) and said.
Soon.
The contract let Cheng Chunli read it again.
After no problems.
The two sides immediately signed a cooperation agreement.
“Mr. Cheng, happy cooperation!”
Old man Ren stretched out his right hand.
“Mr. Ren, happy cooperation!”
Cheng Guo smiled.
Soon.
Huali Group and Future People Investment Company issued announcements at the same time.
【About the plan for the joint venture between Huali Group and Future Investment Company to establish Rongyao Mobile Company】
[Both parties invested a total of 30 billion yuan to establish Rongyao Mobile Phone Company]
[Among them, Future People Investment Company contributed 25 billion yuan, and Huali Group contributed 5 billion yuan]
[Huali Group spun off all of its mobile phone business, including the HiSilicon division of chip research and development, and merged it into Rongyao. 】
[In the end, Future People will own 49%!]
【Huali Group owns 51%!】
For this result.
Shenfei is still satisfied!
Look.
He invested $25 billion and only owned 49 percent of the shares.
But this is definitely not a loss!
You must know that over the years, the R&D funds of Huali Group on mobile phones have reached 30 billion!
Even if the first generation of chip development is successful, it fails.
But it was also a success!
Its accumulated experience and related technical researchers.
These cannot be measured in money!
And in the future, the peak of gorgeous mobile phones will be as high as 2.4 units per year!
No. 1 in market share!
Not even Pingguo.
And the market share of high-end machines is also as high as 46%!
Hang the flat fruit.
Merely.
Just when the Huali Group has taken off and is about to take off.
Arrested by round after round of sanctions by the American company, and even high-level executives who went abroad to attend meetings.
Otherwise.
What pingguo, Sanxing.
You have to kneel down and call Daddy Ku!
“And this time, the chip and mobile phone operating system have been laid out in advance!”
“At that time, I will see how the United States sanctions!”
Return to the capital.
Shen Fei was in a good mood.
This is the main reason why he insists on developing chips, including lithography machine technology!