In January 1990, Xinchuang Electronics Group held its annual meeting for the new year.

Last year's financial statements showed that the annual revenue of the new venture exceeded 93.7 billion US dollars, the net profit reached 14.8 billion US dollars, and the company's net assets exceeded 36 billion US dollars.

Although such a level of wealth cannot be compared with those big countries, there is certainly no suspense that it will exceed Hong Kong's so-called GDP.

Of course, the so-called GDP is only an increase in the economy, not a stock of wealth. If the stock is calculated by the value of real estate, the value of Hong Kong's wealth can reach dozens or even 100 times of GDP. However, it is meaningless, once the GDP is low, the prices of many assets will most likely fall and shrink, so GDP does not represent the absolute total wealth, but it represents the current wealth creation and economic activity of a region.

"Last year, we achieved gratifying results, and this good result was won by everyone with wisdom and sweat. In the past year, the company has experienced a lot of turmoil, and the biggest turmoil is naturally the anti-monopoly case of Xinfei Electronic Technology Company in the United States. As a result, we lost $1 billion in fines and were forced to relinquish patents related to CD-ROMs and VCDs. I need to reflect on this, if I had been prepared for a long time, and the relevant patents had been licensed before the US antitrust investigation, not only would the licensing price be higher, but also reduce our losses. Of course, now that the matter has come to this, there is no need to completely blame ourselves, and if it has developed to the point where we are, all kinds of international market economic frictions, political incidents, and deliberate suppression will naturally be indispensable in the future. We can't stop developing because we are afraid of being oppressed, on the contrary, we must not only develop, but also achieve a leading position in more fields. ”

"Moreover, the Americans should suppress it to avoid our own lack of sober-mindedness, and we are not vigilant enough against international political risks, market barriers, and the methods of our opponents. ”

"Even though we have encountered a series of problems, we have still achieved results! It shows that our team is still very good! Therefore, today I propose a dividend of 30 billion Hong Kong dollars based on the company's financial position in the previous year. What do you think?"

As soon as the words fell, a series of cheers rang out, and the shareholders were all excited, and their faces turned red.

This is the largest dividend in the history of new entrepreneurship, a dividend of 30 billion Hong Kong dollars, not to mention the domestic, Hong Kong, and international, it is also a great huge dividend!

"Next is the sales of Pangu computers, mainly concentrated in the five generations of Pangu, a total of more than 80 million units, of which the five generations of Pangu up to 64 million units, the overall sales and the PC camp difference of 2 million units, is basically the same, at the same time, plasma display sales of 37 million units, the display business has become both the host, another major growth point. ”

"We are now cooperating with Siemens, and in the future, Pangu Ecosystem will gain more room for growth with the help of compatible machine manufacturers. In addition, the sale of CPUs to Siemens will also allow our chip manufacturing business to gain huge market space. ”

"At the same time, the most gratifying thing for me is the game business, with a revenue of $12 billion and a net profit of $7 billion last year, contributing nearly half of the country's profits. Later, I ran around the world again and acquired a lot of game companies, and in the future, these game companies are going to make big games, and I am afraid that it will drive our graphics cards to get a blowout again!"

"As for Nintendo, I don't see it as an opponent. He himself thinks that he can replicate our success, but in fact, our software, chips, and core technologies are our own, and we have integrated manufacturing and R&D! This kind of advantage is definitely not comparable to a company like Nintendo!"

"PCs are a formidable enemy, but because they are too cluttered, BM has lost its dominance, and Intel doesn't have the full leadership temperament. Microsoft...... The Windows operating system is still as simple as a kindergarten painting. Therefore, I believe that in the future, we will not lose to the PC camp in the normal competition. ”

Lin Qi raised his hand, and a laugh came from below.

"The one who defeated us is definitely not the opponent we can see now!" Lin Qi suddenly said seriously, "Before, I kept emphasizing that the future opponent may be on the Internet, and they may not have the money now, so they use a simple computer to code the program." Perhaps, their current ideas are not recognized by the market, but ...... It is precisely for this reason that I still want to say that we do not need to increase the layout of the Internet industry, and the hardware, software, websites, customers, and traffic should be like a monster that has been hungry and thirsty, constantly looking for hot spots and opportunities one after another, so as to avoid the big hot spots from breaking out, but we have not grasped them. For the Internet, I believe that the current should not only be measured by the standard of profit, but by building a platform, enclosing users, and creating an ecosystem. After you have users, you start to find a way to make money. Instead of starting, only invest in projects that can make a profit, and not invest in projects that cannot be profitable in the short term! As long as there is a market and users, we will invest!"

"The mystery of Internet investment is to serve users and the market, for the time being, we can't figure out how to make a profit, we might as well! We want to see if the service is valuable, users often use it, then there is value, we need to invest! We don't invest in control, we will be invested and controlled, and in the future, traffic and users will follow others! Even if we build more computers, users use our computers, but rarely access network services, then, the future will suffer unprecedented failure!"

"Some of our elders feel that they have nothing to do and lack a goal to strive for, and I think that it is very necessary! You can start from scratch, when you start a business from scratch, and if you have any ideas about the Internet, you can do it! I am not accusing you, but I am saying that if you feel bored, then it is better to do some subversive work and make things happen in the field of the Internet! There is no shame in failing to do something, because the future investment in the Internet is destined to be high-risk, and most of them will fail, but the market value of a few successful projects will become the world's highest market value giants, higher than the market value of any industry such as oil, banking, real estate, electronics, and consumption!"

"All in all, our company is the original intention, that is, always starting a business, always disrupting. The current profit and performance are to reserve resources for doing greater things in the future. Entrepreneurship, we are always on the road, never to the end, the time to rest!"

Lin Qi said that he had said this, and the elders present reflected one after another, feeling that they were too inflated and couldn't keep up with Mr. Lin's train of thought.

However, the Internet layout of the new entrepreneurship department has always been earlier than others, as long as you realize the importance of Internet strategy, you will still play a more role!

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