Chapter 820 Spending the bank's money to do things
Wang Jinbao and Wang Chengsheng glanced at each other.
The two found that they had been immersed in making mobile phones in the company, and they had not paid enough attention to the market situation in recent times.
In fact, they can't be blamed for this, but since 2004, the mobile phone market has changed too fast.
The impression of the two of them is still a year ago, and they always feel that their company is just an inconspicuous new company.
But I don't know that the current legendary mobile phone has already become the biggest dark horse in the domestic low-price brand mobile phone market!
Even the volume of purchases by its own company will determine the fate of MediaTek, which seemed unattainable two months ago.
Just like Hu Jinchang said, if the legendary mobile phone no longer purchases MediaTek's MTK system, but purchases components to customize by itself, then even if MediaTek's system is easy to use and cheaper, it will not make much splash in the domestic mobile phone market.
Because the mobile phone using the MTK system is not as competitive as the legendary CQ1, the market share is too different.
In this way, the acquisition of MediaTek by the legendary mobile phone company is more likely.
"Can you really win MediaTek, it will cost a lot of money, right?" After a moment's hesitation, Wang Jinbao asked.
"Yes, it will cost a lot of money, but it's not something we can't afford. Hu Jinchang replied with a smile.
In terms of making mobile phones, he may not be as good as Wang Chengsheng, or even as good as Wang Jinbao.
But when it comes to mergers and acquisitions in the business world, playing some tricks and the like, he can definitely be the master of the two!
"Our company doesn't have much money on its books now, although it has received nearly 4 billion yuan in the past two months, but a large part of this money has to be spent to various suppliers. By the way, MediaTek alone will cost more than a billion. Wang Chengsheng smiled bitterly.
"Our mobile phone brand is our most valuable asset! Besides, the acquisition of MediaTek does not necessarily require the use of our own money. Hu Jinchang said confidently.
"Don't use your own money? Wang Jinbao still doesn't quite understand.
"We are a high-tech enterprise! We are even expected to grow into the largest mobile phone manufacturer in China within a year! How can the local city government not support such a star enterprise? You must understand that a high-tech star company like ours is very, very popular in all parts of the country at present. This money, let the Pengcheng City Government come forward to help us with the loan, let the bank out!"
Hu Jinchang said domineeringly.
Dealing with institutions at all levels, this is his forte!
In particular, the legendary mobile phone company has become famous this year, and it does have the bargaining chips to negotiate terms with the city.
If Hu Jinchang can't grasp such an opportunity to get a large amount of low-interest or even interest-free loans for the company, then he has been in vain for so many years......
Moreover, with the acquisition of MediaTek, now is the best time.
Because MediaTek's MTK system has just been developed for a short time, the company has not really grown.
And the purchase volume of legendary mobile phones accounts for seventy percent of the company's revenue!
It can be said that the two companies are stuck in each other's necks, one owns the market and money, and the other has the technology.
Although the legendary mobile phone really wants to put aside MediaTek and engage in its own customized mobile phone system, it is also a very troublesome thing.
But as long as you have the money and are willing to spend it, these things can always be solved.
But MediaTek left the legendary mobile phone, then the vitality was greatly damaged, do they want to open their own mobile phone company and make mobile phones to sell?
Therefore, in between, the current legendary mobile phone company still has the upper hand, and can take the initiative to go offensive or defensive.
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The more he learned about the legendary mobile phone company, the more Hu Jinchang realized that this is a company with unlimited potential!
It may even have a better future than the last time it invested in Knorr Supermarket.
Legend makes mobile phones, which is a high-tech industry.
And Knorr is a traditional retail industry, which certainly can't be compared with high-tech.
Mobile phones are high-priced commodities, even if the price of the legendary CQ1 is already very low, but a mobile phone still has to be sold for 1,000 yuan, 4 million units are shipped in two months, and 4 billion yuan is returned!
This speed of making money, after so many years of business, Hu Jinchang really has never seen it.
Knorr Supermarket is already a company with very healthy cash flow, but it has not reached this number every month until it has grown up.
And the legendary mobile did it in just two months!
That's the charm of the high-tech industry, as long as the product is done well, making money is like printing money!
I really want to thank Mr. Fei for giving myself another opportunity to invest in such a promising company.
For Yu Wenfei, Hu Jinchang is sincerely admired and grateful.
Therefore, you can't just lie down and make money, you always have to make some contributions to this company, and you don't always carry yourself in vain.
He is also a good person and understands the truth of dealing with people.
Mr. Fei is benevolent and righteous enough and is willing to carry himself, but he can't take it for granted, he must reflect his own value and help Mr. Fei.
Now the legendary mobile phone company, Wang Jinbao and Wang Chengsheng have no problem doing things and managing the company.
But there is only one thing that is missing, and that is that the relationship with the city is not in place......
And this is precisely Hu Jinchang's strength, so he thinks that the opportunity for his performance has come.
Taking advantage of this acquisition of MediaTek, let the city come forward to coordinate the loan, so that the relationship between the legendary mobile phone company and the city government is close!
How to achieve a balance between the relationship between the company and the government, so that the company can be supported by the government and not overly dependent on the government.
Hu Jinchang has also been thinking about this issue.
He felt that Mr. Fei had done a very good job in this regard, looking at the status of the Facebook system and the Star Electronics System in the magic capital, and Mr. Fei was able to invest in the Shanghai Pudong Development Bank in his personal name, and even directly served as the chairman of the Shanghai Pudong Development Bank.
Yuwen flew into Pudong Development, and not many people knew about this matter in the outside world, but only people like Hu Jinchang understood the meaning.
Shanghai Pudong Development Bank is a "wallet" in the city, and its status is very high among many state-owned enterprises.
But for such an important company, the city allowed Yu Wenfei to personally become a shareholder, and also gave him the position of chairman.
It can be seen how much the bosses in the city appreciate Yu Wenfei!
In the daily operation, neither the Facebook company nor the company on the side of Star Electronics have any involvement with the Demon City Mansion, and they have developed completely independently.
The city government has also given a lot of help in publicity, and the Facebook company has directly set up a benchmark in the Internet industry and even private enterprises in the magic capital!
Not to mention the personal praise of Yu Wenfei, people who don't know still think that Yu Wenfei is a native of the Demon Capital......
This is the highest way to get along with the government.
The kind of drilling camp I used to have, compared to taking off, was indeed a bit out of the table.
However, Hu Jinchang knows how to learn, and he is ready to learn from Mr. Fei's method of dealing with the city in the magic capital to try to get along with Pengcheng.
Of course, the strength of the legendary mobile phone company is not comparable to the status of the Facebook spectrum in the magic capital.
But in 2004, Pengcheng couldn't be compared with the magic capital, especially in the high-tech industry, and there were few companies that could get their hands on it.
Therefore, the legendary mobile phone company should still be able to enter the eyes of the bosses in the market.
That's the opportunity for your company!
............
To buy MediaTek with a lot of money, this kind of major event must of course be reported to the real boss.
Therefore, after the meeting, Wang Jinbao discussed with Hu Jinchang for a long time, and after figuring out all the problems, he dialed Yu Wenfei's phone.
"Mr. Fei, there is an important matter that needs to be reported to you. ”
When talking about business, Wang Jinbao still paid attention to it, and called Yuwenfei Mr. Fei, not his cousin.
Although no matter how he shouted, Yu Wenfei would not care.
"Oh, Jinbao, your phone has been selling well lately, congratulations. Yu Wenfei said with a smile.
The popularity of the legendary CQ1 on Taobao, Yuwenfei naturally knows, because Taobao is now basically supported by two stores.
One is the Lenovo flagship store, and the other is the legendary mobile phone flagship store.
Two days ago, Lao Ma was on the phone with Yu Wenfei.
For Yu Wenfei, Lao Ma can be said to be full of gratitude.
He is glad that he made the right choice and introduced Mr. Fei as a shareholder, although Mr. Fei did not pay at all when he became a shareholder of Alibaba Group.
But what Mr. Fei brings to Ali and Taobao is obviously much more precious than a large sum of money!
Because he brought traffic to Taobao and brought revenue!
These two points are particularly important for an e-commerce website, far more important than investment.
Because even if you get a large investment and have money in your hands, it doesn't mean that your website will definitely be able to do it.
There are too many such precedents in the Internet industry, burning money and burning to the end, and the company goes bankrupt.
Only when you convert money into users, and then convert users into revenue, can you be considered a real success.
After Mr. Fei took a stake in Alibaba, he directly omitted the intermediate links, and came to the end in one step, not only to increase the traffic of Taobao, but also to increase the revenue.
Taobao has been established for less than a year, and before Feizong became a shareholder, there were only a few million users.
Revenue......
Don't mention it!
However, in just a few months, the number of users exceeded 100 million!
Looking at the sales momentum of Lenovo Huimin Computer and the legendary CQ1 mobile phone, just the sum of these two stores, this year's revenue can reach tens of billions!
It can be said that the development of Taobao has completed the journey that other e-commerce websites may not be able to complete in a few years.
All of this is naturally brought by Mr. Fei.
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Therefore, Lao Ma said to Mr. Fei, that is a thank you and praise.
Finally, he also said that if there is any new product to be listed on the side of Feizong's Star Electronics Group, Taobao must be considered first.
All the staff of Taobao will do the most adequate logistics work to ensure that the products of Mr. Feibao can be sold smoothly!