After Ma Feng and Gu Biao completely talked about the business arrangements, there was no more trouble.

Seeing that it was quite late, Gu Biao naturally wanted to stay with Ma Feng to drink together.

This is also the difference between his friendship with Ma Feng.

Gu Biao and the others don't mind talking about business and cooperation intentions at the wine table. However, Gu Biao basically doesn't talk to Ma Feng about business at the wine table.

They all talk about work and work, and they drink blindly and talk about friendship and friendship. Just like the years before preparing for the college entrance examination, doing homework is doing homework, but if anyone mentions homework when everyone goes out to fool around and loses everyone's Yaxing, it will definitely be despised and isolated.

This is a characteristic of friendship that has been present at the stage of reading together.

Don't worry about things at the wine table, if you really feel bored, you can gossip.

Ma Feng is also a new generation, and he doesn't like alcoholism, but as a medium for chatting and relaxing, he naturally won't reject red wine.

Gu Biao just had a bottle of Lafite with him, casually.

After three rounds of drinking, after the number of talking etiquette was released, there was no gossip to talk about, so Gu Biao naturally talked to Ma Feng about the transaction with Ren Zhengyi a few days ago, the future investment arrangement, and the handling of the chess pieces in that step.

Regarding Ren Zhengyi's business, Ma Feng doesn't understand it very well, and he doesn't say anything. However, when he heard that in the end, when he heard Gu Biao say that he only needed to occupy a little bit of the shares in the future operator business communication technology company, less than 5%, Ma Feng couldn't help but feel sorry for him.

Ma Feng burped and said with a big tongue: "Brother Gu, you said that you are afraid of Lao Mei's "Anti-Overseas FB Law"? You are also too worried, you and měi guó lǎo Those high-ranking people with status and status, what kind of friendship is that, and the future generations of others can bully you?"

Although Ren Zhengyi also has the ability, the funds and resources you gave him must be so precious. Your signboard alone can save him a lot of trouble in the early days, so I gave you such a little, I'm not worth it for you!

If Ren Zheng knows each other, he should give you at least 35% like me, and let you have a veto on the board of directors! Otherwise, he will not be able to be a man or a person!"

"You know what! I do it every step of the way, I have my own arrangement. Gu Biao pushed away Ma Feng, who was trying to buckle his shoulders, with a palm, and also told the truth with a little wine,

"You don't know how to do it, my expectations for Ren Zhengyi are great. Don't underestimate that he doesn't have anything now, in terms of my investment layout in the future, his side may be the largest investment in hard scientific research.

In time, I will not only ask him to invest in R&D of products and applied technologies, but also to invest in basic communication theories, related basic physics, and basic mathematical algorithms for all mankind. Some of these investments should be made by national scientific research institutions in foreign countries, because basic research cannot be converted into intellectual property rights such as patents.

Especially in the field of communication, algorithms are not protected by any law, and if you develop new and efficient algorithms, algorithms themselves become the public common property of all mankind.

Therefore, such a company, I think it is destined to not have high profits for ten or twenty years. I will find a way to exert influence so that it invests the vast majority of its gross profit in R&D, so that it only pays dividends every year?

What is the purpose of asking for shares in a company? There are only three things: first, you are trying to control the company's business decisions. Even if I only take 5% now, I am sure that I will influence the company's grand strategy in the future, and as for the management details, I am not interested in it, so it makes no sense for me to expand my shareholding for the sake of management rights. A product of mad immortals

Second, you just said this point for annual dividends, this company will not have the opportunity to pay dividends in the next few decades, and the money earned will be used for scientific research, and I will make it higher than Intel in R&D investment, so dividends are not important. Is there a big difference between 5% equity and 30% equity in a company that doesn't have much to share?

The third reason to hold a large stake is that you plan to sell your shares in the company one day and cash out. However, I also listened to Ren Zhengyi's plan, and estimated that this guy did not plan to let the company go public for the rest of his life. I also supported his premeditated plan.

Because after you go public, you have to curry favor with shareholders and shareholders, and you have to make high profits, so you can't go without dividends for decades and reinvest all the money you earn in scientific research. As long as you have plenty of funds, in fact, you don't need to go public, just close the door and do your own scientific research, which is much better than those spicy chickens that make money.

And since I have made psychological preparations to keep this company out of the public for the rest of my life, and I can't realize my shares at a high price, why do I want so many shares? I can't sell my shares to cash out, and I don't have many dividends.

Gu Biao's words made Ma Feng speechless.

Ma Feng sighed for a long time, and asked weakly: "Then Brother Gu, why do you still attach so much importance to the company that 'will focus on operator business in the future'?

Gu Biao burped and said, "You, stupid! Such a simple question, I regard the future human communication and electronics field as my own backyard." Although some basic scientific research is researched, it becomes the common wealth of all mankind and is openly available to all. But you have to be able to use it, right?

If, I put Cisco Ericsson Alcatel Motorola...... All of them are wiped out, and I am the only one in this field. So, isn't making a common contribution to this field for the benefit of all mankind equivalent to contributing to me?

Just like when the Americans carried out the Apollo program to land on the moon, Měi Guó Lǎo also invested tens of billions of dollars in basic scientific research, and the results of those basic scientific research are all open and can be used by anyone who wants to go to the moon, but the question is, so far, who else has the resources to go to the moon? If the basic scientific research needed to land on the moon is not invested, can others be expected to invest?

In the same way, when the American Manhattan Project created Yuán Zǐ Dàn, it also provided a lot of new cognitive wealth for the open basic physics of all mankind. But who allowed the Měi Guó Lǎo family to create Yuán Zǐ Dàn at that time? ”

Gu Biao can actually say more truths, but because the other materials in his brain haven't happened yet, he doesn't have this context to play.

For example, in the later life about 15~17 years, there are many brainless Muyang dogs on the Internet, often taking "Apple earns dignified profits, in the end the profit margin is much higher than those spicy chickens of Huawei Samsung, and Chinese will only do the hard-earned money of low-end manufacturing".

Of course, these Muyang dogs are not necessarily sincere Muyang dogs, they are more likely to be eye-catching public number dogs, and they are mothers with clicks, spraying feces to earn eyeballs by any means for 100,000+.

The data cited by these guys is generally "Apple's profit margin is high, and most of the sales of a mobile phone are gross profits, and a small half is pure profits"; and then compare the financial reports of Samsung and Huawei, and attack Samsung and Huawei with low net profit margins.

It's a pity that these guys deliberately ignore a very important problem: Huawei only has a low profit margin on the financial statements, but the gross profit margin is actually quite good, although not as high as Apple, but it is also much higher than the industry average.

So, the gross profit margin is not low, but only the net profit margin is low, what does this mean? It means that most of the money earned is reinvested in scientific research. Exclusive Pet: Boss, Hug!

In the future, Huawei is a real technology company, while Apple is actually just an integrator, and the roles of the two are completely different.

Apple is a light scientific research model, only doing technical research at the level of application design, not engaging in high-tech technology. Even if it needs to be applied to high-precision, such as the initial introduction of iRi and artificial intelligence assistants, it is not self-developed, but to find a company in the Silicon Valley circle to invest and hold, and buy small companies that develop good technology.

In the financial statement algorithm of the stock market, "spend $1 billion to buy a company that holds $1 billion worth of technology/patents", which is an investment, you first generate $1 billion in profits in the financial annual report, and then go to buy, and the things you buy are your assets, not your costs, so your financial report looks good.

As long as you don't make the results public, at least not let the public transfer of the appraisal value, the outside world may think that your money is wasted.

Therefore, the net profit of Huawei's model is low, which is such a low method.

The reason why it dares to be low is because it is not listed, so it can throw a chic sentence to the stockholders, "With the IQ of a group of stockholders, it is difficult for me to explain to you, so I don't bother to explain" to solve the problem. w.

Including Ren Zhengyi himself, in an exclusive interview with the TV media, he also said: "When our board of directors held its executive year-end meeting last year, we also reviewed that this year's profit margin was too high."

At that time, the TV reporter was stunned for a moment, thinking that Ren Zhengyi was learning from Ma Feng to play tricks, saying things like "what's the use of money, I'm not interested in money" or something like that.

Later, he was corrected by Ren Zhengyi, and the reporter realized how narrow he was. It turns out that Ren Zhengyi meant that "the net profit is too high, which means that the money we earned last year is not enough to invest in scientific research."

Isn't it a waste of money for us to spend so much money without finding sufficient scientific research direction for them to spend it?"

He doesn't have to care about the eyes of short-term groups such as stockholders.

……

Ma Feng was not fortunate enough to hear all of this truth just now. But just listening to the part that Gu Biao picked out and the part that can be said in the current context is enough to make Ma Feng's blood boil so much that he woke up half of the wine in an instant.

Brother Gu is so compelling...... This is a comparison of the Apollo moon landing program.

What is helpful to the communication and electronics industry of all mankind is equivalent to being helpful to Brother Gu.

If another person said such arrogant words, Ma Feng would definitely have the urge to wake up the other party.

However, when it came out of Brother Gu's mouth, how did it sound and how did it feel logical?

Has he been xǐ nǎo by Brother Gu's brilliant aura?

King Qin swept **, looking at He Xiongzai.

Minggong will be Jiling, looking at Langya Terrace.

Fortunately, Ma Feng had already drunk too much, and after a while, he fell drunk, and was helped by the maid arranged by Gu Biao to go to the guest room to rest. I believe that when he wakes up, he will have almost forgotten the fragments of the rhetoric he heard tonight.

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