Tencent's meeting in Jiangzhou today is very important, because the merger cycle of Tencent and Tiantian has been close to two months, the adjustment and handover of bilateral teams and products have been basically completed, and half of the technical personnel in the network field of the entire group company are concentrated in Jiangzhou.

Starting from July 2003, the group's marketing operation and financial departments will be adjusted to the Yangtze River Science and Technology Park in Jiangzhou.

In order to attract Tencent to settle in Jiangzhou, the mayor of Jiangzhou personally led a team to set up the "Jiangzhou Information Industry Transfer Working Group", which is responsible for special docking, asking for household registration to household registration, land to land, and employees buying houses and cars are all a matter of one sentence.

If an employee has a family member who wants to look for a job in Jiangzhou again, the city will try its best to greet the corresponding departments and units.

Tencent's high-level team all arrived at the Yangtze River Entrepreneurship Center, plus Tiantian Company, more than 40 operational and technical executives gathered in the conference room, waiting for Xu Teng to come over for a meeting in the morning, and Tencent's chairman and academician of the Chinese Academy of Engineering in the field of computer communications Ni also arrived.

The result was good, and the company's vice chairman Xu Teng was physically and mentally exhausted and was lying in bed at home.

It's really too capricious!

Academician Ni is the chairman of Tencent in the symbolic sense, and the actual position is the president and chief engineer of Guangzhou Tencent Information Engineering Research Institute, who left Lenovo in 96 and joined Tencent, and holds a lot of entrepreneurial shares in Tencent.

Coupled with Academician Wu Hequan, who joined Tencent in 2001, the scientific research team led by the two academicians is considered to be of a very high level in China, and it stands to reason that it will never lose to Huawei and ZTE.

Xu Teng was not in place, and he could only talk about technical work all morning, and he took a temporary break after a two-hour meeting to discuss the group's next work plan in groups.

At half past one o'clock in the afternoon, Xu Teng was late and had a brief chat with Academician Ni, Academician Wu, President Liu Zhiping, Vice President Tang Jun, and Yang Fuyou, CEO of Tiantian Company, in the office for more than ten minutes.

94 is a watershed year for Lenovo, this year, Lenovo and Huawei a south and a north, and at the same time developed a domestic program-controlled switch, that is, this year, Academician Ni and Lenovo team split, lost the chief engineer and directorship, unable to preside over any work.

Until 96 years, Mr. Xu wanted to take the opportunity to do a big thing, get a vote of benefits, and took the initiative to invite Academician Ni to join Tencent.

At that time, Mr. Xu also transferred part of Tencent's shares to the computer institute free of charge, and when he deceived people and products, he immediately turned around and repurchased shares in accordance with the contract.

It's really shameless.

The break between Academician Ni and Lenovo, who is right and who is wrong, outsiders should not be evaluated.

Xu Teng just thinks that Mr. Xu is very lucky, in 95 years in Guangzhou founded Tencent to act as an agent for Nortel network switches, in April 96 only spent a few million dollars, from the Lenovo Group that was in full swing at that time, poached the team, bought the technology and production pieces, with its own technology of program-controlled switches, high and low sales, so that Tencent can be self-sufficient from the beginning.

From this point of view, Tencent and Huawei are involved in the ICT field of communication industry and computer communication in the same batch, but Tencent went a little crooked, and later intervened in e-commerce and UMS unified communication business, and finally came up with QQ, an IM network communication business.

The Tencent company has been able to develop to this state, and everything seems to be a matter of course.

To this day, Xu Teng roughly looks at the senior management team, and still has to say that the Tencent co-founded by Mr. Xu and Academician Ni is a typical technology company with strong technology development capabilities in the field of software and hardware.

Mr. Xu promised Academician Ni to invest in the development of domestic operating systems and chips, which was also Academician Ni's original plan in Lenovo, and in the end, like the communication business, it was cut by Lenovo, for a very simple reason - there is no way to compete with multinational giants.

Mr. Xu really invested, but he was fooled, which is a later story.

In addition to communication equipment, IM network communication, and e-commerce, this Tencent company also has a very marginal business - the software and hardware platform of ATMs, and the technical source and team are also Lenovo's LXBS financial platform, which is also a small business abandoned by Lenovo.

Lenovo's abandonment has a certain reason, this is simply a fiercely competitive industry, the market size is small, and it has to face the tragic competition of NCR, Siemens, Hitachi, foreign giants and various new companies in Beijing, Shanghai and Guangzhou, Founder, the Great Wall have been withdrawn in the past two years, Tencent and Sitong are still insisting.

The overall strength of Tencent's operating system and chip design team is not strong, but it is basically the only remaining fruit in China, and it is currently relying on this leftovers.

Now the problem is simple.

Tencent has always been in the second-tier lineup in the field of communication equipment and ATM, and although it is making money at present, it is difficult to say what the situation will be in the future.

Mr. Xu's Tencent company is actually not easy to manage, one is Ni Guangnan and Academician Wu Hequan as giants in the field of domestic scientific research, the older generation of scientific research experts, belonging to the hardware faction, and the other faction is the technology upstarts who came back from the United States, such as Liu Zhiping and Tang Jun, who belong to the network faction, or the software faction.

The conflict between the ideas of the two factions is quite big, especially after the merger of Tiantian Company, the hard and soft factions have been pinching each other.

The pinnacle of the software school was Liu Zhiping, a Microsoft and Goldman Sachs originator, who has since been Tencent's president and is now Tencent's managing director and senior executive president, responsible for the group's operations.

Although Academician Ni is the chairman of the board, his actual authority is not as great as Liu Zhiping, because Liu Zhiping represents Mr. Xu and the capital side, and Academician Ni and Academician Wu represent the technical team and the giants of the hardware faction.

Before the official meeting, Liu Zhiping invited Academician Ni over, hoping that Xu Teng would make the decision clear, and Mr. Xu is now clear that he doesn't care, and he will be in charge of his son.

No problem, you're a family business, that's how headstrong you are.

Mr. Xu's son, Vice Chairman Xu Teng, came out to say which side to support.

Dizzy.

Xu Teng just wanted to come over for a meeting, have a cup of tea, chat and brag with academicians, and joke a few words with returnees like Liu and Tang, but he didn't expect that the hard and soft factions would force the palace.

Xu Teng deliberately used this set of teapots from Spring Garden Wild Bamboo to entertain a few people, and now he really can't drink it, every drop of water is sour and spicy.

"If I say I support the software faction, will the two academicians resign?" Xu Teng decided to ask a key question first.

"If you don't quit, you won't have anything to do. Academician Wu told the truth.

"Then what else is there to talk about. Xu Teng put down the teacup, a little embarrassed, the key is that Mr. Xu holds the apple, drought and flood to ensure the harvest, and is worried that he will not be able to beat Huawei and ZTE in the end, and he is reluctant to continue to invest, "I am lying in bed at home this morning, and I have been thinking about a problem, on starting, Tencent and Huawei are involved in the communication industry at the same time, on investment, Mr. Xu invested a total of 400 million before 98 years, and continued to inject 700 million yuan in 2001, but the result was still thrown out by Huawei, and even 1/5 of the performance of others is less. This must be reflected!"

"I thought about it for a morning, and finally came to a conclusion, who now told me that Huawei is just a technology company, and who the am in a hurry. Xu Teng was really angry, and almost said that Tencent's marketing department was a wreck.

Right.

He was scolding Tang Jun, you joined Tencent for a year and a half, when you joined, Mr. Xu also deliberately made up 700 million scientific research funds, but in the past year and a half, the gap between Tencent and Huawei's sales performance has become even greater, it used to be 1/2, 1/3, but last year it was only 1/5.

Grass.

It's really the money of the old Xu family that is a dead banknote!

Xu Teng scolded very vaguely, but he still had to make it clear, so he said to Tang Jun, "If you can't sell others, go to find the reason, and if you can't find the reason, dig up other people's people, let others explain to you, learn, copy, and if you can't copy, analyze the pros and cons, and come up with a more powerful trick." Mr. Xu has two superstitions, one is superstitious experts, the other is superstitious returnees, and I am only superstitious about data. ”

No one dared to say anything now.

Liu Zhiping and Tang Jun are the pinnacle of returnee professional managers, both from Microsoft, joined Tencent at the same time, Liu Zhiping is more powerful, worked in Microsoft in the United States for many years, and transferred to Goldman Sachs as the general manager of the Asian investment department, in charge of venture capital and IPO business in the field of communications and IT.

When these two joined Tencent, they really didn't know that this was a family business, and now it's too late to run, they have shares, high salaries, and they are a promising company, so they definitely can't leave now, so they can do it for another five or six years.

4/5 of the company's shares belong to the Xu family, with Lao Xu accounting for 37.5% through a number of overseas funds, Xiao Xu accounting for 37.5%, 4% belonging to Fuxin International, 2.25% belonging to AIG Asia Fund, 1.3% belonging to Cheung Kong University, and the remaining 17.45% belonging to their executives and some other employees.

This is a typical family business.

Fathers, sons, and daughters-in-law together account for 80% of the shares.

"To be a person, to do things and to do a company, you must have a beginning and an end. Xu Teng decided to say a few cruel words to suppress the disputes between these hard and soft factions, "Since my father promised Academician Ni that he wanted to make China's operating system and chips, he must stick to it, if you can't beat foreigners on the PC, then we will make mobile phones, and if you can't beat on mobile phones, we will continue to do ATM." This is the rule of our Xu family, losing money is our business, you don't have to worry about it. ”

"Leadership. Yang Fuyou is Xu Teng's descendant, without Xu Teng's promotion, he never dreamed of being on an equal footing with a big man of the level of Academician Ni, Liu Zhiping, and Tang Jun, he immediately gave a thumbs up, and has always been the **** of the company every day, "Leader, really domineering." ”

At the critical moment, it's still a confidant!

Xu Teng took a sip of green tea, and he was quite embarrassed in his heart, he really hadn't noticed that the dispute between Tencent's soft and hard factions had become white-hot to this extent, and he had always wanted to mix it for another year or two.

Right now.

He must make a statement, "From today on, Tencent has no disputes between software and hardware, and there are no disputes between communication and network, the direction of the group has not changed from beginning to end, what we want to do is a large communication business, to be a full-field communication network and content service provider, and finally, we have to find a perfect fit, the perfect combination of software and hardware, from base station to software, to content, all killed." ”

"President Xu, I believe that the idea you said is very beautiful, but we must have a priority, there is a focus, we currently have a huge advantage in the network industry, the top priority should be to actively use this platform to expand our ......!"

ZTE Technology is listed in Hong Kong, and the price-earnings ratio is not high, which is not as good as the price-earnings ratio of the three major portals on the NASDAQ.

This is the harsh reality.

Cisco's price-to-earnings ratio is also far inferior to Microsoft, and even less than Amazon.

"Let's say I really have three wives, and each of them is beautiful. Xu Teng suddenly said an example that was not related to the wind and horses.

"Huh?" Liu Zhiping didn't understand what Xu Teng meant.

"Which one I like best, I know, but I won't say if I kill me. "Because I'm a husband, I have to find a way to make them happy and maintain balance every day, so don't expect me to support one wife to bully another, unless I don't want to mess around at home." Isn't that right?"

Liu Zhiping was a little dizzy and didn't understand what kind of crooked reasoning this was.

"In the same way, you are the managing director and senior CEO of the company, you want a bowl of water, and you have to tell yourself every day that your three wives are beautiful, they love you, and you love them very much. In other words, for the sake of the big goal of the all-field communication network and content service provider, you shouldn't stand up and express your support for the network party, right?"

Xu Teng pointed to the key point and added, "Take 10,000 steps back, I am the capital side, the owner of the enterprise, what I ask you to do, you should do it with all your might." Isn't that right?"

"Yes. Liu Zhiping must admit that this time, what Xu Teng said is not crooked.

Therefore, the problem now is very simple, Academician Ni and Academician Wu are responsible for scientific research and manufacturing products, Mr. Tang is responsible for sales, Mr. Liu is responsible for coordination and command, communication business, and network business. Xu Teng pointed at Yang Fuyou slightly, "Yang is always my old subordinate, what kind of person I am, you can figure it out if you ask him." My consistent style is very simple, I set a big goal for everyone, everyone to do, find a way to do it well, if you really can't do it well, I won't blame you, let's find a way to remedy it together. Unless I'm sure you really can't, then I'll have to ask you to leave, change someone, change team. This is my style, and from today onwards it is also Tencent's style, to tolerate each other and collaborate. ”

"Hardware, software, communication, network, these things let the people below fight, you senior leaders must not have this kind of disagreement, everyone has a unified mind, so that Tencent becomes a full-field communication network and content service provider. ”

Xu Teng decided to put it simply, "The team below is your little wife, a husband, don't expose the idea of who you love the most, this is looking for death, and dying at the destruction of the family." Home and everything is prosperous, and the company is the same, if we really can't win, all kinds of tricks have been used, then let's talk about it. If nothing else, I'll just say Lenovo, they are now separating the network service business and setting up a new company, Lenovo only does PC business, which is looking for death. If one day, his PC business collapses, he doesn't even have a chance to transform. Objectively speaking, Lenovo has also lost the opportunity to build an ecosystem, and its style will never improve, and it will never be able to be the real top company. ”

"I'm honest, I've always felt that this kind of soft and hard battle within the company is very boring, it's like a family, wives are jealous of each other, and abuse each other, which means that there is a problem with the husband. "Xu Teng's words are for Liu Zhiping, you can't do it, a senior CEO tosses the company like this, and has the face to force the palace, let me give a final answer?

He looked at the time, then got up and went to the meeting, "Let's go, a few senior leaders, let's go to the meeting now, everyone's ideas must be unified." At least we men, don't say that the person you love the most is you, unless you only have one wife, one business, and one team. ”

In fact, Liu Zhiping's idea is right, Tencent is now difficult to achieve the top three positions in the communication equipment industry, at most it is to compete for the third, rather than this, it is better to concentrate all resources on the network industry that is currently in a leading position.

Before the advent of smartphones, this idea was right, but after the advent of smartphones, this idea is wrong. With the concept of the Internet of Things proposed, network companies not only have to build mobile phones, but also build TVs and cars.

Tencent's decision to cut down the communications industry and set up a new company is even more absurd than Lenovo's 95-year abandonment of the communications equipment business, and even more stupid than Lenovo's 2001 separation of the network service business and the establishment of a new Digital China company.

Of course, all of Tencent's current problems are made by Mr. Xu, because Mr. Xu has never managed Tencent with any care, and his reputation is undoubtedly that he is busy with capital operations, busy with more profitable health care products and private medical industries, and Tencent is basically responsible for investing money.

invested a lot of money, but he still started to develop with Huawei, but the performance was only 1/4 of others, and Mr. Xu finally panicked and hurriedly poached Liu Zhiping and Tang Jun, a group of returnees.

Unexpectedly, Liu Zhiping and Tang Jun's views are extremely consistent, and like Lenovo's thinking, they are all learning from the Americans, dismantling and listing, and operating independently.

Their judgment is very market economy, because Tencent's communication equipment business can only rank fifth among domestic local manufacturers, plus Ericsson, Lucent and other companies, it is estimated that even the top ten are dangerous.

Tencent's network industry is different, after the merger of Tiantian Company, Tencent's network industry is the three major portals, not to mention that Tencent is currently going to launch new sectors such as online shopping and search, and also focus on the development of games, security optimization, network content and other businesses.

Liu Zhiping's meaning is too clear, cut the old Tencent, and kicked out the two academicians who are highly respected in the company, they play network technology, go to NASDAQ, have a high market value, and have many shares.

People, whether they are turtles or returnees, when it comes to money, they all have the same idea.

This is the reason why Tencent fought fiercely before the listing, the soft and hard factions were fierce, in short, the software faction desperately wanted to kick the hardware faction out, the hardware faction desperately did not want to go out, the following teams were fighting, and the two academicians must also go into battle.

Even if the two academicians don't care about these things, they really want to do their own things, they are happy to be quiet, as long as Mr. Xu continues to invest, the researchers and technical engineers who follow them don't think so.

Father's debt is paid by the son.

Xu Teng can only preside over justice for the hardware faction today, flicker, and continue to flicker a "full-field communication network and content service provider" big goal, a new Tencent dream, dream that one day, Tencent from the base station to the mobile phone, from the hardware to the software, from the Internet to the wireless network, from the wireless network to the Internet of Things, to do big data.

Tencent not only wants to build roads, but also build real estate on both sides of the road and build resorts in the mountains and forests at the end of the road.

All fields, all killed, all killed.

The meaning is very simple, Xu Teng wants to lead the Tencent company, which is falling into infighting, to single out Huawei, ZTE, Alibaba, Baidu, Google, the three major portals, and finally to single out Apple, Samsung, Xiaomi, OPPO and other mobile phone manufacturers, Qualcomm, MediaTek, HiSilicon and other mobile phone chip design companies, a number of video websites, and a number of APP software providers.

Well, one day he will say, you guys go together, I'm in a hurry...... This is YY, pure YY, he himself doesn't feel any possibility, in the end, it is likely that he has been beaten by the major powers on every front.

Anyway, he didn't know how brave he was and how miserable he would die. (To be continued.) )