Chapter 173 Listing is approaching

Li Xuan returned to Hong Kong at the end of May, and as soon as he walked out of the airport hall, he immediately felt a heat wave hit, and Hong Kong had entered the height of summer at the end of May. Although the sales of FC game consoles in the U.S. market cannot be said to have been decided, the trend of a prairie fire has been formed.

Atari could no longer effectively suppress FC consoles. And the Atari-2600 is clearly at a significant disadvantage in a head-to-head head-to-head confrontation with FC consoles. FC consoles, relying on better performance and more popular games, are eating away at Atari's market share little by little.

Li Xuan rushed back to Hong Kong, where a more important job awaited him. Kang Computer's IPO has reached the final sprint moment. Because Dongfang Electronics is headquartered in Hong Kong, iKang specially set up the last stop of the global roadshow in Hong Kong.

In the previous two-week global roadshow, from London to Zurich, to Paris and New York, iKang Computer has been enthusiastically sought after by investors everywhere it goes. Aikang originally planned to issue 20 million shares to the public, but in just three promotion events in London, investors subscribed more than 50% of the total issuance plan.

By the time iKang went from Europe to North America and then to Asia, the issuance of 20 million shares had already been oversubscribed several times. Even if Aikang adjusted the pricing range of the listing issue price from the initial 5-7 pounds to 7-8 pounds, it still could not stop the enthusiasm of investors.

The last stop of the entire global roadshow is planned to be in Hong Kong, the venue of the roadshow is arranged at the most famous Peninsula Hotel in Kowloon. The first investment pitch session of the morning was scheduled to start at 9:15 a.m. But before eight o'clock, dozens of reporters were already guarding various intersections of the hotel, especially at the entrance of the parking lot. I hope to be able to catch the figure of "Little Li Sheng" Li Xuan.

In the past six months or so, Hong Kong media, led by Hong Kong Economic Journal and other newspapers, have continued to pay attention to the listing process of Dongfang Electronics' first subsidiary, making Aikang a household name in Hong Kong. Before that, Hong Kong reporters also followed and reported on the global roadshow process of Aikang company, and the enthusiasm of investors from various countries for Aikang shares was transmitted back to Hong Kong citizens by the reporters, which also sharply aroused the enthusiasm of Hong Kong investors.

Li Xuan did come to the Peninsula Hotel, but he was not caught by any reporters. Because he had stayed in a luxury suite at the Peninsula Hotel as early as last night.

"Albert, you're right, there really isn't a single computer company in the world right now. We will disclose the technical standards of our products!"

Li Xuan smiled and explained to Albert Hawke, who was sitting across from him, that Hawke was the chief executive officer (CEO) he had hired for Aikang. Prior to joining Iconon, Albert Hawke was an Executive Director of General Electric in the UK, where he was responsible for all aspects of the company's Computer Division.

General Electric Company of the United Kingdom and General Electric Company of the United States are two companies that have nothing to do with each other at all. The latter is what we often hear about GE. The English abbreviation of the former is GEC company.

GEC is the UK's largest electrical and electronic engineering company. It is the third largest company listed on the London Stock Exchange after BP and Shell Oil Company by market capitalization.

If Akon Computer wants to gain a foothold in London, it naturally needs a president with deep connections in the UK to take the helm. Albert Hult, who was born in the north of Scotland, is not only a noble nobleman, but also has served in the top management of the largest British electronics company for many years, and has good connections in the British political and business circles.

In today's British society, the aristocracy has long lost its real power, but there is a noble title in front of the name. is still the best stepping stone to promotion to high society. Albert Hawke was a true baron, and his title was inherited from his late grandfather. There is also a 150-acre baronial fief in the Glenorchy region of Scotland.

"Albert, it has long been reported in the American media that IBM is interested in entering the personal computer business, and it is likely that it will launch its first personal computer product within this year!"

Li Xuan took out a copy of the document from a black briefcase and handed it to His Excellency the graceful baron in front of him, and continued: "According to the detailed information collected by Dongfang Commerce, this news is not only true, but if nothing else, IBM's personal computer products are likely to be available around September to October.

IBM's influence in the American computer sector is not far behind that of GEC in the UK's electronics industry. You are a senior executive of GEC, and you should know very well that the background of this kind of giant enterprise is simply incomparable to that of a new company like our Aikang Computer.

Many people say that Apple and Kemodo will be our main competitors in the US market. Even when we list the number of competitors in the various reports of Aikang, we also use these companies as a reference.

But in my opinion, Apple and Kemodo are not worth mentioning, and IBM, a behemoth that has not yet surfaced, will really pose a mortal threat to us once it opens its fangs. With IBM's technical background, developing a new personal computer is not a very difficult task. And in fact, from the perspective of technical reserves, Aikang computer must be at an absolute disadvantage.

The best way for us to compete with IBM, which has a technological advantage, is to unite all the other forces that can be united. If we can preemptively disclose the technical standards for our new computers, we will certainly attract a large number of hardware manufacturers to join Vaughn's camp, and quickly become the industry standard for personal computers.

If most of the hardware manufacturers in the United States use the technical standards of our company to develop personal computer accessories, then we can undoubtedly gain a huge advantage in the competition with IBM, and they will not be able to play a large part in the profound foundation of the computer industry!"

Li Xuan did not come to the front desk himself to serve as the chairman of the board of directors of Aikang Company, but asked Han Peng to join the board of directors of Aikang Computer Company as a representative of the major shareholder Oriental Holding Company. and served as Chairman of the Board of Directors.

Therefore, on the surface, Li Xuan could not directly intervene in the specific operation of Aikang Company, and the way for him to realize his personal will was to come forward through the chairman of the board of directors. A more direct and effective way is to convince Hawke, the CEO who is responsible for the day-to-day operations of the company.

The first ERM-based processor developed by Dongfang Shiyàn room, ERM-1, has been industrialized in small batches by Dongfang Semiconductor's wafer factory in Silicon Valley, California. The new PC with ERM-1 as the CPU has also entered the final testing phase before going on the market.

Revealing the technical standards of the new computer is an established strategy that Li Xuan has already thought of. As for why he did it, he couldn't tell Hawke that we weren't going to do it, and it would be when IBM hit the PC market in a few months.

IBM did a very good job of keeping the research and development of its first personal computer very secret. It's hard to know how they're going. Li Xuan also relied on the advantage of rebirth to let Oriental Commercial buy off a programmer under Bill Gates. Microsoft is responsible for the development of the operating system and has a lot of communication with IBM's PC R&D team. It is on the basis of this information that Oriental Commercial Co., Ltd. is able to judge the development process of the PC.

But IBM would definitely not tell unrelated Microsoft companies about its intention to disclose PC technical standards, so Li Xuan could only find another excuse to convince Sir Hawke.

"We started with ABC Computer. The vast majority of the accessories are not developed in-house. Instead, it uses mature products on the market and purchases them directly from related companies. The only thing that really belongs to us in the whole computer is the BIOS (input and output system), and even the ownership of the operating system East-DOS belongs to Dongfang Software Company, which is licensed by him to Aikang.

So we don't actually have much to keep secret, and the issue of technology proliferation that you're worried about isn't as strict as you think. What's more, as long as we don't license BIOS, it is impossible for other computer companies to produce products compatible with us in a short period of time.

Even if other computer companies later wrote BIOS programs that were compatible with our computers, we would have relied on first-mover advantage long ago. It has seized enough market share! Moreover, the technology of the computer industry has developed and updated rapidly, and now the mainstream configuration of computers. In three to five years, it will become obsolete!" Li Xuan said in a very firm tone.

In the previous life, IBM's personal computer business, the reason why it was overtaken by Compaq and other PC compatible machine companies, the most important reason is IBM's own arrogance, did not quickly keep up with the pace of technological updates, Compaq launched the 386 computer, IBM has not even seriously studied the performance of the 386 processor.

But Li Xuan in this life will never let Aikang make the same mistake, Aikang can get the full cooperation of other Oriental companies in processor technology and software support, and it is already invincible against other compatible machines.

After a deep conversation with Albert Hawke, Li Xuan finally convinced him to accept his decision to disclose all the technical information of the new computer that was about to be released. Li Xuan did not make an appearance at the Peninsula Hotel's roadshow conference hall.

Originally, Hawke was not ready to come forward, after all, Hong Kong's position in the entire listing of Aikang Company was dispensable, and the main purpose of Hawke to follow the IPO roadshow team to Hong Kong was to have some in-depth exchanges with Li Xuan, the big boss behind the scenes.

As the roadshow approached, more and more Hong Kong investors flocked to The Peninsula to attend the conference. Several elevators in the hotel didn't even have time to transport so many people upstairs that many investors had to wait in line in the lobby.

As the number of investors who came to the roadshow was far higher than expected, Aikang had to urgently contact the management of The Peninsula Hotel to open a temporary branch venue. And Albert Hawke, who was not ready to go on stage to speak to investors, had to come out urgently to save the scene. He was in charge of the presentation of the main venue, while the original roadshow presenter was sent to the newly opened branch venue.

HSBC Joydo, which is responsible for distribution in Hong Kong, is not in a high position among the three underwriting brokers selected by Aikang. Especially in a situation where Akon shares are now highly sought-after, the number of shares that Tori can snatch from the other two lead underwriters is very limited. Therefore, most of the investors who rushed here today are actually unlikely to subscribe for the new shares issued by Aikang. (To be continued......)

PS: It is said that there is a double monthly pass at the end of the month, and you can keep the monthly pass for Sky, and Sky will pay off the previous arrears first these days!