Chapter 484: Xunfei's Choice
"First of all, I think we at iFLYTEK must give up our dying throes in the instant messaging market. Although we have been operating in this market for decades, the rise of Longteng Group has wiped out our advantages. I carefully compared our products, and I found that even if the quality of our products is comparable, we do not have the strong marketing capabilities of Longteng Group. Because it is impossible for Ma to become Zhang Fan. Zhang Fan himself is a huge fan call-to-......"
Chen Sheng said seriously, not caring about Ma Xunfei's thoughts at all. Ma Xunfei sat there without a trace of expression.
"So, I think a successful business. It is necessary to see the facts clearly and make a decisive decision. The sharp drop in our stock this time just illustrates a very important issue. That is, the dot-com bubble is really serious, so we have to transform, to transform into a business. And this breakthrough is the Xinhe Department Store that we just acquired. ”
Chen Sheng's words made Ma Xunfei squint, and the others were also curious.
"The circulation of goods requires a platform. Baili Mall is a platform, Longteng Mall is a platform, and our Xunfei Mall is also a platform. Now, we have taken the lead in combining online and offline platforms. This is our strength, and the next step is simple. Separate Xunfei Mall and Xinhe Department Store to learn the Longteng self-operated model. We intervene in the manufacturing industry, and then rely on Xinhe Department Store and Xunfei Mall to sell goods......"
Chen Sheng began to say what he thought. Chen Sheng's strategy is very simple, in fact, it is Longteng's self-operated model. Relying on Xunfei Mall, Xinhe Department Store is the carrier.
Concentrate funds, expand the radiation scope of Xinhe Department Store, and then intervene in the industry, so as to earn more profits.
"The company that is spun off is not a last resort. I don't recommend going public again. Although listing can make money, it increases the risk......"
Chen Sheng finally gave a suggestion for a new company. The new company started to lose its job, concentrated funds, and created its own self-operated model of iFLYTEK Group, and at the same time did not go public until it was absolutely necessary.
Listed companies have a higher level of listing, and listing can raise funds quickly, but there are some disadvantages. Now although the stock of iFLYTEK Group has fallen sharply, its strength is still there.
After listening to Chen Sheng's words, Ma Xunfei looked serious. After so many years in the shopping mall, Ma Xunfei has experienced too many things. Although the current situation is critical, Ma Xunfei is still the top rich.
"Do the rest of you have any good opinions?"
Ma Xunfei then asked, and the others all whispered, but did not give a pertinent opinion.
"Now that no one is talking. So I'll share my opinion. Chen Sheng and I have the same thoughts. It's time for us to transform. But this transformation is our own ......"
Ma Xunfei's words made everyone's eyes shine. iFLYTEK Group has a strong market capitalization, but Ma Xunfei is not the largest shareholder. Ma Xunfei's stake in iFLYTEK Group is only about 13 percent. And the largest shareholder is the South African Bank.
Over the years, Ma Xunfei has also wanted to buy back Xunfei's shares. But it has not been possible. Now this opportunity in front of him has made Ma Xunfei's ambition appear again.
There has been an inflection point in the strategic shift of iFLYTEK. Then Ma Xunfei can completely control the company with his own money. For such operations, the team of Ma Xunfei is very good at it.
In this way, there will be more autonomy over the new company, iFLYTEK. When this new company becomes stronger, it will become a new iFLYTEK group that completely belongs to Ma Xunfei.
Privatization, now many listed companies, want to privatize their own companies. Through share buybacks, you can control your absolute equity. This is also the disadvantage that comes with going public.
The iFLYTEK Group began to brew new policies, but it was more difficult for Apple than for the iFLYTEK Group.
After the release of Longteng Online School, the disadvantages of Apple's mobile phone were fully revealed. Although the mobile phone is good, it cannot download the software of Longteng Group. Other software is fine, but Longteng Online School is the only one.
For a time, the second-hand market was filled with a large number of Apple phones. And the physical stores of Apple mobile phones across the country are even more mournful and quiet.
"Returns, must be returned......"
"Request a return ......"
"Return ......"
"I want to return ......"
"Apple Returns ......"
Yanjing, the entrance of Apple's largest flagship store in China. Many people gathered there, holding their iPhones in their hands and shouting for returns. After the appearance of Longteng Online School, Apple mobile phones were completely unsold.
Many merchants have a large number of unopened Apple mobile phones in their hands, and at this time, these mobile phones are smashed in their hands, which is all money.
At the same time, in many stores, many Apple mobile phone users are also clamoring for stores to return. I bought an Apple phone, but now some software can't be downloaded.
"Apple's mobile phone will be cold, and consumers are asking for returns......"
"Apple has no response at this time......"
"Apple will lose ...... in the Chinese market"
"An ant trips over an elephant, Longteng Group performs an asymmetrical victory ......"
"The domineering Apple Huaxia encounters ...... obstacles"
"At the price of hegemony, can the Huaxia market wake up Apple?"
reported, domestic and foreign media have reported on this matter. Many U.S. media outlets have also reported on it. Everyone knows Apple's domineering over the years. A lot of the time, it's the rule-makers.
There are many times when they rely on a strong market reach. There are some rules that are simply not followed. Even some patents do not pay royalties, so that many suppliers follow their rules and so on.
Apple's domineering has long been obvious to all. Every time, Apple was able to make the other party obedient. This time, it was a big heel in Huaxia. This big heel also makes everyone see the weakness of Apple's giant.
Software, no matter how good the mobile phone is, it still needs software support. Especially now in the era of smartphones. The functionality of mobile phones has long been limited to making and receiving calls.
In this day and age, powerful software is the real king. If a mobile phone loses its software, then even the best mobile phone will become worthless.
If you don't die, you won't die, and this sentence has been confirmed by Apple. If it weren't for the fact that they had to charge for appreciation, how could they have gotten into such a situation with the Longteng Group.
The crisis, the release of Longteng Online School, has put iFLYTEK and Apple into a crisis. Longteng Group has benefited a lot from this, and Longteng Online School has spread throughout China.
At the same time, the new cheap mobile phones launched by Zhonghua have also been sold, and the Longteng online school card launched by Huaxia Unicom has also been popular, and this package has made the other two mobile companies also take the initiative to find Longteng Group to cooperate with it.