There is a lot of money, even if you have to know how much money you have, it is no longer an easy task.

With an annual income of 2.8 billion yuan, in China in this era, it is actually not a great achievement to boast about.

If the capital of any central enterprise is taken out, the annual profit is by no means just that. Two barrels of oil, tobacco, grain, railways, banks, telecommunications, all of which are not to be said. Even local state-owned enterprises have this level of revenue.

However, in today's China, ST is still a company to be reckoned with. The reason is simple, ST has unrivalled export capabilities in the high-tech sector.

In the communication equipment industry, Hu Wenhai took the lead and obtained the patent authorization of the router from Cisco. As for the digital switch, this is the strength of Xinke, which is currently in the absolute leading position in the world.

At this stage when the world has entered the information society, the market for communication equipment is far from its limit.

Not to mention that the company holds the key patents of the CDMA network, plus the patents related to mobile phones. These patents include the core technology of six-arm spiral antenna, power management, compression, decoding and encoding, and even numeric and alphabetic keyboards, as well as layout methods such as straight plates, flip covers, and side slides for mobile phones. In terms of software, including the operating system, programming language, functions, UI, SMS, and the snake that must not be forgotten!

After the GSM alliance was dismantled by Hu Wenhai, manufacturers other than Ericsson, Motorola and Nokia had to pay a patent fee to ST for each mobile phone produced.

Since the collapse of South Korea's shipbuilding industry, Samsung has suffered almost all of it from China.

At this time period, Samsung's history began its so-called second entrepreneurial journey. That is, to leave their traditional field and start to develop in the direction of a modern consortium. Lee Kun-hee dared to operate in this way, and the confidence was Samsung's strong profitability at that time.

Samsung's main strategy at that time was to vigorously develop the electronics industry. Let Samsung Electronics develop from the production of various home appliances to the high-tech integrated circuit market. However, at this critical juncture, Xinke was suddenly born.

Samsung Electronics has not only been swept by Xinke's DRAM in the storage market, but the traditional home appliance market has also been impacted by China's domestic home appliance manufacturers. In the past, advantageous industries, including switches and other markets, have been greatly eroded by Xinke.

However, China and South Korea have not yet established diplomatic relations, and Mr. Hu has never intentionally made any moves against Samsung.

All this is just the natural course of history.

This brings us to the export capacity of the new technology fab, and the supply of products such as memory and processors to the domestic market only accounts for a small part of its production capacity. More products are actually being used to supply exports.

For example, the computers manufactured by Xiucheng Computer Group for Dell use memory, north-south bridge chips, and even processors are all produced in China.

The revenue and profit margin of these foreign trade products are several levels higher than that of domestic products. Coupled with the state's export tax rebates and subsidies for high-tech products, 100% profit is not a dream.

Of course, this is not to say that Xinke has less revenue in China. Hu Wenhai's shares in China Railway Construction Investment and China Development Bank are direct investment in the domestic industrial field and investment in equipment and technology, leasing and selling, and cooperative projects. Oh, and we have to count the income from ST Real Estate's investment in fixed assets, which are several times the profit from industrial production.

Therefore, despite the fact that the profits of Xinke's industrial production were only 2.8 billion yuan, Hu Wenhai's asset appreciation in 1991, including the income from financial investment through formal channels, was at least about 5 billion US dollars.

This figure is too scary, saying that Hu Wenhai is rich and rivals the country, and the enemy is certainly not a small third world country, not to mention that it can be comparable to the international trade surplus level of Singapore or Sweden.

Ahem, as for financial investments through informal channels, this will certainly not appear in ST Group's annual audit report.

For China in 1992, such a new technology group and Hu Wenhai were described as holding gold in the middle of the market in a sentence that was described as a middle school in the middle of the world.

I followed the boss before, and I had the Soviet Union to shelter from the wind and rain, but I didn't have to worry about security.

But the Soviet Union, which could shelter from the wind and rain, has now fallen!

"Ten years, we have to be ready for this. ”

When Hu Wenhai finished reading his asset audit report, he not only did not feel happy, but was a little heavy.

"China needs at least a decade of strategic development to have enough confidence to ensure that our interests are not unjustifiably infringed upon. Until then, no matter how difficult it is, we can only bear it on our own. ”

"Mr. Hu, what should we do now? Is this matter ......?"

Chen Fa also stayed up for several nights in a row, the complexion on his face was a little pale, and there was a tired look between his eyebrows and eyes.

However, even so, she still seemed a little unwilling, gritted her teeth and said: "Mr. Hu, otherwise we can try to exert some pressure on the United States through the way the state comes forward." After all, there were also considerations in the first place when they agreed to allow U.S. financial institutions to enter China. ”

"Don't even think about it! Now China must not challenge the nerves of the Americans in anything. ”

Hu Wenhai didn't think about it, and simply beat Chen Fa's delusions: "Just like I said to Mao Qingzhu, Gou, it is best to forget us until the Americans forget about us." In the past 10 years, the Americans have said that they will completely sweep my new branch out of the United States, and I will leave immediately without saying a word!"

"This ...... Why?"

Chen Fa seems to have only known Hu Wenhai at a glance, if she didn't know Hu Wenhai well, otherwise she would really wonder if this person was pretending to be the CIA.

Think about how domineering Hu Wenhai was in the past, what is the Yankee? If you say that you will be given a Black Friday, you will not wait for Black Monday. Say that you IBM want to bow down, and IBM has to join the anti-IBM coalition. Even if you don't like the American soldiers, I can give you some eye medicine in Iraq.

Why is Mr. Hu, who is so domineering, suddenly afraid of the enemy like a tiger?

"Why? Relying on the American imperialism, it is now invincible in the blue star world!"

Hu Wenhai's heart was also unhappy, and he snorted angrily: "People have overthrown a Soviet Union! Now these are the dividends of the Cold War that should be shared, and they are the 'respect' that the world hegemon should receive." The United States is an exception, understand? Americans are going to regard themselves as the embodiment of justice and hope, the beacon of mankind, the world's policeman, when you meet a police officer on the road to check your ID card, do you dare not take it out and show it to others?"

"Now it's just asking us to submit all the core source code of the network equipment, at least we haven't announced that Xinke's equipment is not allowed to enter ......the United States, is it?

Hu Wenhai groaned and let out a long breath: "Divide our network equipment into two systems, one is based on open source technology, and publish the current technology after appropriate reductions. The other part still maintains the state of the art, but does not supply the U.S. market, but focuses on the domestic, Japanese and European markets. ”

"In addition, in the U.S. market, we need to reduce the amount of products put on the market, and the price of products will be appropriately increased. In short, we need to reduce our market share and make concessions to American companies such as Cisco. If possible, support some downstream manufacturers in the United States and let them go to Cisco dog-eat-dog. ”

"We could even abandon the U.S. market altogether if we needed to. Increase the development of the European market, and more importantly, tap the potential of the domestic market. ”

"In addition, for the anti-dumping investigation of the U.S. Department of Commerce against us, we must also find a top law firm to actively respond to the lawsuit. Through our friends in the United States, we will find a way to see if we can lobby Washington. ”

Yes, even if Clinton has not yet been officially sworn in, the pressure from the United States has already fallen on Hu Wenhai.

Even if a lot of money was spilled in the Clinton campaign, there will never be a shortage of smart people in the US government. The scavenging jackal smelled the stench and gathered around the fat piece of Xinke early.

Ever since Clinton showed that he was firmly committed to the presidency in October, some speculative people have taken action. The first is that the NSA issued a notice to Xinke that its network products pose a threat to U.S. national security. Unless ST is willing to release the source code for all of its products, it will petition the court to prohibit ST products from being sold in the United States.

Although the core code of ST's switches and routers has long been published, some unique technologies and security encryption codes must be kept secret. If this part of the code is made public, then there will be no security for ST's network products.

When will the network equipment produced by Cisco have to announce its encryption algorithm to the public?

Although the N.S.A. stated that the review was completely confidential, Hu Wenhai would not believe a single letter of it. Once the security algorithm is leaked, it is not a problem for Xinke to have a market share in the United States. Nowadays, the vast majority of network equipment in the Chinese market is produced by Xinke, and if this part of the content is announced, the Chinese network will have no secrets in front of the United States.

At the same time, on the other hand, the U.S. Department of Commerce has also launched an anti-dumping investigation on Xinke products. Once the anti-dumping charge is established, the U.S. Customs can impose heavy tariffs on new technology products several times heavier. At that time, Dell will continue to use Xinke's products, and the cost may be much higher than IBM.

Chen Fa may think that this is already a very serious business incident, and in the face of the menacing US government, it feels like the sky is falling. However, Hu Wenhai knows that for the US imperialists, this is just the beginning of the road.

If you really want to be serious about Xinke, people don't know how many means there are behind them.

No, the Americans have to find something to do.

You can't keep their eyes on you.