As the largest subsidiary of Xinye Electronic Technology Co., Ltd., the business scale of Xinfei Electronic Technology Co., Ltd. can reach half of that of Xinchuang Electronics Group.

In the full year of 84 years alone, the revenue scale of Xinfei Technology has reached 6.8 billion US dollars. In order to facilitate the spin-off and listing, the company's finances have been independent, and its revenue has not been consolidated into the financial statements of the parent company.

It is precisely because of this that the business scale of Xinfei Electronic Technology Co., Ltd. alone is enough to rank among the world's top 500, and, as Lin Qi preached, the company's development has just begun. In the future market size, there is still huge room for growth.

With the help of Xinchuang Electronics and Philips, Xinfei Electronic Technology Company has become the authority of CD digital disc standards.

The annual shipment of CD players and VCD players can reach more than 10 million units.

What's even more terrifying is the CD-ROM business, because it is the standard configuration of the Pangu console, so last year's shipments exceeded 10 million units.

In the first four months of this year, the shipment of CD-ROM optical drive drives has exceeded 5 million units, and its application scope is not limited to Pangu consoles, but other computer platforms, including Apple, have also begun to use CD-ROM optical drives to enhance their user experience.

Many people of insight can see that CD digital storage is definitely ahead of the times in terms of technology. At present, the only obstacle is that some interest groups, for the sake of their own product interests, deliberately make a loop, not to allow the most mainstream technical standards of CD-ROM computers of Xinfei Electronic Technology Company.

Even if we don't consider the market development potential of CD-ROM, just consider the CD record player and VCD business, there is indeed room for further growth.

"For investors, the most concerned thing is whether the future performance of Xinfei Electronic Technology can be stable and achieve growth. In this regard, we are full of confidence. Regardless of the CD player and CD-ROM business, the VCD market is still in the early stages of development. ”

"Now, in homes all over the world, the mainstream entertainment terminal is dominated by televisions. However, the TV set is not able to watch the programs they want to see as they want, so families with conditions have begun to buy film and television player terminals that can choose their own programs. In the 70s, the video recorder was introduced to the market, however, because of its expensive price, the advent of D, the price threshold was greatly lowered, at present, our cheapest VCD, only 135 US dollars, equivalent to one-tenth of the price of the video recorder!" Lin Qi said excitedly, "So, in the near future, we can see that it will sell more and more users will accept it." In the home audio and video market, some high-end users have video demand, after all, it is a very small number, and in the future, the sales volume of video recorders will be less than 3 million units per year. And more users will buy VCD, because it is not only cheap, but also just to play the video, its experience effect will not be worse than that of the video recorder, and it will even be smarter and more convenient! We believe that in the next five years, the annual shipment of VCD will reach more than 30 million units...... And the audience who watches the film and television through the VCD disc will be far more watched than the audience in the cinema!"

"Of course, we will also further improve the VCD and improve the optical disc storage. Today's storage is only 650 MB per disc, but we are already working on more advanced digital compression formats, and in the future, the storage per disc will increase several times more...... And this means that if a disc is still burned to a movie, then its picture quality and sound effect will be higher, and users will get a cinema-like audio-visual effect. If it is stored in the traditional VCD format, then it means that a single disc does not even store one movie, but multiple movies...... In the next few years, we will release more advanced terminals than traditional VCDs, further widening the experience gap between CD digital storage technology and videotapes!"

"We chose to list on the Tokyo Stock Exchange in Japan, not to look for a way to cash out at the peak of the company. Rather, we hope to obtain the necessary funds and make financial transparency through the IPO, so as to better change the world and return to consumers, employees and shareholders......"

"Our Xinfei Electronic Technology Company has been established for four years and has achieved rapid growth in assets from $100 million to $2 billion. Revenue from 0 to $6.8 billion in revenue. The profit has also grown from less than 10 million US dollars in profits to 700 million US dollars in annual profits. These miracles depend more on science and technology, therefore, we will not forget our original intention in the future, continue to be based on science and technology, and change the world as the original intention, this has been the case in the past, this is the case, and it will be the case in the future! Thank you for your ......."

……

After Lin Qi's speech, the Tokyo Stock Exchange officially opened. The third section of the Tokyo Stock Exchange, which is relatively unpopular, also became popular quickly because of the listing of Xinfei Electronic Technology Co., Ltd.

Foreign listed companies, including JPMorgan Chase and Goldman Sachs, also quickly benefited from this, and the stock prices of dozens of foreign companies listed in the third part of the market rose together, and the transaction was hot.

The initial valuation of Xinfei Electronic Technology Co., Ltd. was US$12.5 billion, and the IPO issued 25 million new shares, and the two founding shareholders, Xinchuang Electronics Co., Ltd. and Philips Corporation, each held 50 million shares. The total share capital expanded to 125 million shares, while the IPO price per share was $100 in US dollars and 25,000 yen per share in yen terms.

On the same day, Xinfei Electronic Technology Co., Ltd. had a large market value due to a large circulating market value and a large increase, but the market value was still stable at more than $14.3 billion after closing!

The entire employees of Xinfei Electronic Technology Company are celebrating with each other! Because they are a group of people with vested interests!

Employees of Xinfei Electronic Technology Co., Ltd. hold approximately 8 million options. Exercise prices range from $1 per share to $20 per share. No matter which price you exercise the option at, you will make a profit without losing money.

Of course, in order to protect retail investors in the market, if an employee equity incentive is exercised and the option is exchanged for shares, it needs to be frozen for three years before it is allowed to be cashed out in the market.

Xinfei Electronic Technology Co., Ltd. was originally listed on the Tokyo Stock Exchange, and the biggest controversy was that the 8 million shares of employee equity incentives were too low, and there was huge room for arbitrage. However, Lin Qi insisted on it, and the Tokyo Stock Exchange even changed the rules of the game by allowing these warrants to be exercised on the Tokyo Exchange and exchanged for tradable shares.

As a result, the approximately 4,000 employees of Xinfei Electronic Technology Company can share more than $800 million worth of incentives. $200,000 per person. Of course, equity incentives vary according to positions and contributions, but you can get a minimum of $20,000 worth of incentives. The most is the management's Ke Cilei, so he obtained 1.2 million shares of options, and after that, he only needs to make up the fees for the exercise of the options, and he can exchange the options for stocks, which is conservatively estimated to be able to get hundreds of millions of dollars in returns!

It can be said that Ke Cilei has long forgotten about Philips, and even if he is asked to be the president of the Philips Group, he will not give a damn. After all, no matter what, it is impossible to get a higher return than Xinfei Electronic Technology Company.

"Mr. Lin, thank you! If it weren't for you, I would have been an ordinary engineer for many years, and I guess I would be a millionaire after retirement. Ke Cilei said sincerely.

"No, Mr. Kotsley, you have also made a great contribution to the company. Lin Qi smiled, "If it weren't for your bridge, we would have broken with Philips a long time ago!"

Ke Cilei's greatest contribution is to bridge the conflict of interests between the new venture electronics company and Philips. As Xinfei Electronic Technology Company is becoming more and more prosperous, Philips has repeatedly proposed to get more equity and incorporate Xinfei Electronics into Philips. Of course, the new venture electronics has stopped doing it, and the two once had a tendency to dissolve the technical alliance unhappily.

Once the alliance is dissolved, whether Philips joins forces with Sony and Panasonic, or starts anew and rebuilds a set of standards, it will weaken the authority of Xinfei Electronic Technology's technical standards.

However, for the sake of his own interests, Ke Cilei racked his brains to bridge the contradictions between the two sides. In the end, Xinfei Electronic Technology Co., Ltd. has successfully grown to such a scale today, and has become a giant with a market value of 10 billion US dollars!