Monday, May 13, 1985.

Xinfei Electronic Technology Co., Ltd., in Goldman Sachs, Daiwa Securities, Nomura Securities, three investment banks jointly for listing counseling, plus, itself is a very high-quality asset, the choice of the Tokyo Stock Exchange, is to give the exchange face.

The Tokyo Stock Exchange has previously advertised at length that Xinfei Technology Co., Ltd. is listed on its exchange, marking the gradual evolution of the Japanese financial market towards an international capital platform......

Various articles are analyzing whether the Tokyo Stock Exchange will surpass the New York Stock Exchange and the NASDAQ Exchange in the future.

What can Lin Qi do with the Japanese YY? Of course it is—it's pandering! Anyway, it's not that it can't be delisted after being listed!

You must know that in the 80s, a large number of foreign companies supported the Japanese market to go public and make money when the valuation of the Japanese market was high. Later, after the bubble burst in Japan's capital market, large international companies rushed to redeem their shares listed in Japan and privatize and delist.

With the collapse of the Japanese stock market and the long-term stagnation of the Japanese economy, the dream of the Tokyo Stock Exchange to develop into an international capital market was also quickly shattered!

If Japan were truly a country with full sovereignty, perhaps its dream would grow. However, his country cannot be independent, and the general direction can only be acted in accordance with the script written by the United States, so no matter how awesome the actor is, he can't get a better screenwriter and director than him!

Japan's arrogant mentality in the 80s is roughly equivalent to a street actor suddenly becoming popular, and he began to feel that he could not tell capital, screenwriters, and directors, and the crew should listen to him in the future. Then, it turned out that he was not qualified enough, and the brokerage agreement was in the hands of capital, and he could make him regret pretending to be forced with a casual pinch.

Before the opening of the listing, Lin Qi said very "Chen Ken" at the press conference: "Xinfei Electronic Technology finally chose to be listed in Japan, because I am more optimistic about the development of Asia at the end of the 20th century and the 21st century. Since the first industrial revolution, the region of the world's economy has grown rapidly is undoubtedly Europe. Because of Europe's huge innovation ability at that time, the rapid development of science and technology, coupled with the possession of colonies, access to cheap labor, raw materials and dumping markets. After the Second Industrial Revolution, two world wars broke out, as a result of which Europe was in ruins, and the center of the world economy and scientific and technological innovation shifted to the United States. Of course, Europe and the United States are already very developed because of the scale of their economies, and in addition, the world's scientific and technological progress is no longer as subversive as the previous two industrial revolutions. Therefore, a technological explosion similar to the scientific and technological revolution has not yet appeared at this stage. The development of human economy is inevitably the fastest growing economy in the future when it is able to improve existing scientific and technological products at low cost, has a better management system, and is geographically close to the most populous market. For a long time, Japan will remain the largest economy in Asia and will be able to take advantage of its geographical location to share in the growth dividends of Asia as a whole.

Asia is the world's most populous continent, and nearly half of humanity is concentrated in Asia. Asia, especially East Asia, which was influenced by Confucian civilization, is characterized by hard work, intelligence, love of reading, love of saving, and so on.

After the war, Japan took full advantage of this feature and quickly developed into a huge economy close to that of Europe and the United States. According to the law, after the development of the real economy to a certain extent, it will inevitably be the law of the financial market ushering in a great prosperity. I believe that the Japanese capital market will inevitably grow tremendously in the future, second only to the U.S. capital market.

Therefore, I chose to list my company in Japan, because listing in Japan may bring us more rewards.

In addition, Xinfei Electronic Technology Co., Ltd., which chose to be listed in Japan, is also willing to share our corporate growth dividends with Japanese investors......"

After Lin Qi touted it, he made the Japanese present dance with their eyebrows.

The people present applauded continuously.

"The establishment of Xinfei Electronic Technology Co., Ltd. is an accident, our products are mainly optical storage devices and optical discs, including the well-known CD, VCD and CD drive, these are our products, the patent reserve of more than 5,000 people, and we have been continuing to innovate, increasing the storage capacity of CD discs and researching more advanced compression formats. Now the storage capacity of our standard CD digital disc can reach 650 MB per CD! This invention and improvement has suddenly made the cheap storage from 1 MB of a floppy disk to 650 MB of a CD, an increase of 600 times. It is precisely because of the disruptive technology that it has been applied to different products and has been a great success. Moreover, the growth of these products is not over, and they are all in a period of sustained rapid growth in the market. ”

"CD collections, our CD players, have shipped a total of 30 million units worldwide, and the annual shipment volume has stabilized at more than 10 million units.

VCD, so far the world's cumulative sales of 40 million units, has become the fastest growing rate, rapidly replacing the video recorder market of new entertainment equipment, if, users do not need to video, only use to watch film and television, animation and listen to music, then, VCD is the most powerful home audio and video entertainment tool.

CD-ROM, perhaps, some investors are relatively unfamiliar with it, but the secret of the success of our other company, the new venture electronic technology group, has become the world's most mainstream home game console, is that it is a game console equipped with a CD-ROM optical drive as standard. When other game consoles can only play cassette games with a size of less than 1MB, our game consoles can experience a 650MB large-capacity game program because of the use of more advanced CD-ROM drives, and the experience gap brought by the cost of technology naturally makes a large number of gamers defect to the Pangu camp.

CDs are used to listen to music, and users can hear pure music that is crystal clear and does not have a trace of noise.

VCD can not only listen to music but also watch movies and television like a video recorder, but its price is far cheaper than a video recorder.

CD-ROM has changed the computer and game storage industry, allowing users to buy larger storage media at a cheaper price, and at present, we have launched the cheapest CD set, a box of 10 blank discs, for only $2, which means that for $0.2, you can store 650MB of data. This means that users can burn a movie, or 200 songs, or 300 books!

In fact, in the future, the computer industry will develop rapidly, and personal computers will become more and more popular, and in a few decades, we can see that the popularity of computers is no different from today's televisions. In addition, computers can be used for both entertainment and work, and even televisions are superfluous, and TV manufacturers will either produce televisions with computer functions in the future, or TV manufacturers will become accessories manufacturers for computer giants to produce displays.

The rapid popularization and development of computers will inevitably require a large amount of cheap storage. At present, the best solution should be CD!, which is cheap, portable, easy to store, and ready to be compatible with any technology standard in the world, as long as the computer standard manufacturer is willing to accept our labeling. Make CD-ROMs easily a common peripheral or part of any kind of computer or computer-capable entertainment device......"

The first half of Lin Qi was to save face for the Japanese, and the second half became boasting. Of course, because he is always reasoning with facts, he is very convincing.

There were bursts of applause......