Chapter 490: The Way to Make Money
"What kind of companies are they?" Jiang Xinwei took the stack of papers, and said while flipping through them, "Changzhou Cable Factory No. 1, Changzhou Cable Factory No. 2, Wuzhou Alloy Factory, Wuxi Electronics Factory...... , Mr. Ren, with so many acquisitions and more than ten at once, can we manage them?"
Ren Zhenfei waved his hand and said, "If you can't manage it, you have to take care of it." We have to have so many factories to help us not miss the current period of rapid development. You can rest assured that the production of those main and precise components is still according to your previous strict requirements, must first go through strict inspection, must go through strict demonstration, all employees must go through thorough and comprehensive training, until the examination is allowed to produce for us, the factory can become our supplier. The companies I'm buying now are responsible for some minor, simple, but necessary ancillary parts. For example, cables, such as chassis, casings, etc. ”
Before Jiang Xinwei could speak, Ren Zhenfei seemed to know what he was worried about, and said: "Do you think I have no one at hand? Let me tell you, there are people! Where did the people come from? From our previous Huawei company. Although Huawei Company is not as rapid as Feixun Group, it is not slow compared to other companies. Our company has not only accumulated a large number of experience in acquiring companies, but also trained a large number of talents to monitor the production of new companies. ”
Jiang Xinwei was overjoyed and asked: "If the acquisition is successful, how much can our telecommunications equipment production capacity be increased?"
Jiang Xinwei actually agrees with Feixun Group's acquisition of the company, because this is the only way for the company to develop at a high speed.
Ren Zhenfei said with a smile: "If it was only increased by two percent, I wouldn't have worked so hard, and I wouldn't have been operating after careful discussion with you." If the acquisition is successful, our production capacity will be at least doubled!"
Jiang Xinwei said a little disbelievingly: "So many?"
Ren Zhenfei said: "This is still because I have not fully grasped and understood the situation of Feixun Group. If you dig into the potential after a thorough understanding, the production rate will be ...... , No, there must be an improvement, the two can add up to at least double the speed, and it is not impossible to work harder, improve by a little and five times!"
Looking at Ren Zhenfei, who was full of confidence, Jiang Xinwei didn't believe it and believed it.
I suddenly remembered some things in my previous life, the office culture of Warwick, and the fact that many young people brought mattresses to the office to work overtime.
He muttered, "Maybe it can really increase production efficiency by a factor of five." ”
Ren Zhenfei smiled heartily: "What, you also believe it?"
Jiang Xinxu said: "I believe it. …… , Mr. Ren, I very much agree with the acquisition of the company, as long as you feel that you can manage it, you can buy as much as you want. ”
Acquisition is the simplest and most effective way for a company to develop rapidly, and a company wants to develop into a global enterprise, and there is no way to not acquire other companies. The acquisition of the company not only brings more employees, more work and production space, but also more markets, more advanced technology, and more experience.
Now the telecom equipment market is not very competitive, and new equipment is needed everywhere. If Feixun Group can double or more its production capacity, it can not only occupy and consolidate the existing market share, but also squeeze out the market share of other telecommunications equipment companies, and perhaps if it is lucky, it can also squeeze some telecommunications equipment companies out of the communication equipment market to reduce competitors in the future.
Isn't the IL Company, which had made countless profits in Huaxia in the past life, dying now under the suppression of the Feixun Company? Except for a little bit of the PHS wireless mobile communication system they produced, they did not sell a single one in Huaxia at all, because China did not issue them a pass.
Of course, the suppression of ILL is not entirely due to Feixun, and it can even be said that the biggest contributor to the suppression is Qualcomm of the United States, not Feixun. At that time, in order to jointly develop a digital mobile communication system with Feixun, Qualcomm forced IL to tear up the agreement with Feixun and voluntarily withdraw from the Huaxia mobile market.
Feixun just took advantage of the trend in this matter, and just became an accomplice of Qualcomm.
In addition to the ill company's bad luck in this life, Nokia, Ericsson, Motorola and other telecommunications equipment companies in this life are not as good as in the previous life, especially Nokia, several mobile phones they designed in their last life that sold so well were cut off by Jiang Xinwei, not only did not make huge profits from it, but were used by Feixun to occupy a lot of the market that belonged to them. Nokia actually fell to the point of producing mobile phones for Feixun like Ericsson and Motorola: it obtained authorization from Feixun and submitted patent fees and copyright fees to Feixun.
There is no way, who said that Feixun's mobile phones are well designed, have good performance, and are low in cost? Compared with the mobile phones developed by Feixun, the mobile phones developed by our own company are simply scum that should be thrown away.
Ren Zhenfei said helplessly: "I also want to buy more companies and merge companies, but I don't have so much money." The chip production line needs five billion dollars, and we are still a big gap now, and I am embarrassed to use this money. ”
Jiang Xinwei said with a smile: "What's so embarrassing? Isn't the bank sending charcoal in the snow now? Don't worry, as long as you can manage it in place, I guarantee you a lot of money." Even if you pledge all the company's assets, you can mortgage this building. It's really not good, I'll find a way again, anyway, I won't make you unable to let go because of money. You don't have to worry about the money for the chip production line. ”
Ren Zhenfei asked in surprise: "Do you really have other ways to raise money?"
Jiang Xinxu nodded and said, "Yes!" Speaking of this, he said mysteriously, "Do you know? A few days ago, I bought shares of Microsoft Corporation from a foreign bank with $500 million, and what did you do to make me earn more than $800 million at once, but now it has become 1.35 billion dollars and stays in the account. If you want you, I'll turn it around for you right away. ”
Ren Zhenfei gave a thumbs up and said, "You are really good." At that time, I heard Mr. Leng say that you are stupid to make more than 800 million yuan, how can you make such money? However, Mr. Jiang, I also know the situation in the stock market, this kind of thing is unavoidable, it is impossible to make money again and again, you can't hope for this, in case of failure, it will be troublesome. Or the development of industry as a priority. ”
Jiang Xinwei humbly accepted the education and said: "That's, that's, the stock market, futures or something, I don't touch it often, and I will only start if I see it occasionally." ”
Ren Zhenfei couldn't help but laugh and said, "If you can see it, what else can I say? I wish you could make money from the stock market every day." …… Forget it, you know the stock market better than I do, you have made so much money from the stock market, there is no need to listen to me croaking on the side. …… You're back this time to participate in negotiations with Qualcomm on digital mobile communication standards, right?"
Jiang Xinwei nodded and said, "Yes." This standard is more complicated, and I am a little uneasy to leave it to other technicians. These guys from Qualcomm are leeches, and as long as they smell blood, they will swim over, bite the bleeding wound and not let go, unless they have a boiling stomach and can't eat anymore. ”
Ren Zhenfei snorted and asked, "Can we keep the seventy-one percent share of this standard?"
Jiang Xinwei said: "Try to fight for it." …… Mr. Ren, what do you want from this?"
Ren Zhenfei smiled and said, "What can I ask for? Neither I nor my original group of people understand these things. …… , though, I have an idea, what do you think?"
Jiang Xinwei perked up and asked, "What do you think?"
Ren Zhenfei said: "Can we come up with one or two points and ask Qualcomm to give us some patents for wireless communication outside of the standard." Our Feixun Group has been very good in fixed network communication, switches, address allocators and other equipment and software, and it can be said that it stands at the forefront of the world, otherwise Qualcomm would not have come to cooperate with us. But we are short in terms of wireless communication, even with Motorola's wireless technology is also far behind. …… What do you think?"
Jiang Xinxu had to admit this: The United States is a well-deserved leader in wireless communications, and the rest of the world is not as powerful as them combined.
He said, "You're right. We would rather suffer a loss in digital mobile communication 2G, first try to make up for the shortcomings in wireless communication, and we will earn back the standards of 3G, 4G and 5G in the future. If we really want to make up for the shortcomings of wireless communication, we will not need to cooperate with them at all to do it ourselves, and complete the research and development of the next generation of mobile communication standards alone. ”
Ren Zhenfei asked puzzledly: "What three-plane, four-plane, five-plane?"
"Hahaha......" Jiang Xinwei suddenly laughed, because he thought of the person in front of him who had commanded Huawei to participate in the formulation of 4G and 5G standards in his previous life, and he was the most important person. Now he doesn't know what 4G and 5G are.
Ren Zhenfei was baffled by his sudden burst of laughter. However, he didn't figure out why Jiang Xinwei was laughing, and he also knew that Jiang Xinwei was not laughing at his ignorance, thinking that what he said about the four machines and five machines touched one of his jokes.
After laughing for a while, Jiang Xinwei said: "I saw an article on the Internet, which is about the generation of mobile communication technology, such as analog mobile communication is the first generation, and the CDMA98 digital mobile communication jointly developed by us and Qualcomm is the second generation, and 3G refers to the cellular mobile communication technology that supports high-speed data transmission. In the future, there will be more advanced mobile communication technologies, namely 4G and 5G. In order to ensure that mobile communication standards are not controlled by others in the future, I agree with you that we can reduce the shareholding ratio by one or two points if necessary. ”
Ren Zhenfei sighed and asked, "Do you want to report this to the relevant departments?"